Document:

Exhibit 10.1

 

FIFTH AMENDMENT TO CREDIT AGREEMENT

 

FIFTH AMENDMENT TO CREDIT AGREEMENT (this “Fifth
Amendment”), dated as of February 25, 2008, among FAIRPOINT
COMMUNICATIONS, INC., a Delaware corporation (the “Borrower”), various
Lenders party to the Credit Agreement and DEUTSCHE BANK TRUST COMPANY AMERICAS,
as Administrative Agent (in such capacity, the “Administrative Agent”).  Unless otherwise indicated, all capitalized
terms used herein and not otherwise defined shall have the respective meanings
provided such terms in the Credit Agreement referred to below.

 

W I T N E S S E T H :

 

WHEREAS, the Borrower, various Lenders from time to
time party thereto (the “Lenders”), Bank of America, N.A., as
Syndication Agent, CoBank, ACB, and General Electric Capital Corporation, as
Co-Documentation Agents, and the Administrative Agent are parties to a Credit
Agreement, dated as of February 8, 2005 (as amended, modified and/or
supplemented to, but not including, the date hereof, the “Credit Agreement”);
and

 

WHEREAS, subject to the terms and conditions of this
Fifth Amendment, the parties hereto wish to amend certain provisions of, and
enter into certain agreements with respect to, the Credit Agreement, in each
case as herein provided;

 

NOW, THEREFORE, IT IS AGREED:

 

I.              Initial Amendments and Agreements With Respect to Credit
Agreement.

 

The following amendments to the Credit Agreement shall
become effective on the Fifth Amendment Initial Effective Date (as defined in Section 5
of Part IV of this Amendment):

 

1.             Notwithstanding
anything to the contrary contained in Section 1.01(f) or Section 1.14
of the Credit Agreement or any other provision of the Credit Documents, on and
after the Fifth Amendment Initial Effective Date, the Borrower may not request
or incur, and no Lender or any other Person may provide, any Incremental B Term
Commitments or any Incremental B Term Loans, as applicable.

 

2.             Notwithstanding
anything to the contrary contained in the Credit Documents, on and after the
Fifth Amendment Initial Effective Date, no provision contained in Sections
2.03(g)(y), 3.02(A)(f)(i) and 3.02(A)(f)(iv) of the Credit Agreement,
nor the definition of “Change of Control” contained therein (nor Sections 2 or
40 of Part I to this Fifth Amendment) may be changed or waived without the
prior written consent of each of the Lenders.

 

3.             Section 3.02(A)(c) of
the Credit Agreement is hereby amended by (i) inserting “(other than
Qualified Preferred Stock)” after the text “Permitted Junior Capital” in the
first instance where it appears, and (ii) deleting the proviso appearing
in said Section in its entirety.

 

 

4.             Section 3.02(A)(e) of
the Credit Agreement is hereby amended by deleting said Section in its
entirety and inserting the following new Section 3.02(A)(e) in lieu
thereof:

 

                “(e) On
the date of delivery of (i) the Quarterly Compliance Certificate pursuant
to Section 6.01(e) with respect to the fiscal quarter ending December 31,
2007, (or, if the Borrower shall have failed to deliver a Quarterly Compliance
Certificate as required by Section 6.01(e) with respect to such
fiscal quarter of the Borrower, on the date of the required delivery of such
Quarterly Compliance Certificate for such fiscal quarter pursuant to said
Section), if such Quarterly Compliance Certificate demonstrates that the
Leverage Ratio as at the last day of such fiscal quarter of the Borrower
covered by such Quarterly Compliance Certificate is greater than 5.25:1.00, an
amount equal to 50% of the increase, if any, in Cumulative Distributable Cash
during such fiscal quarter shall be applied as a mandatory repayment of
principal of the then outstanding B Term Loans, and (ii) each other
Quarterly Compliance Certificate pursuant to Section 6.01(d) or (e),
as the case may be (or, if the Borrower shall have failed to deliver a
Quarterly Compliance Certificate as required by Section 6.01(d) or
(e), as the case may be, with respect to any fiscal quarter of the Borrower, on
the date of the required delivery of a Quarterly Compliance Certificate for
such fiscal quarter pursuant to said Section), an amount equal to 75% (or, if
the respective Quarterly Compliance Certificate demonstrates a Leverage Ratio
as at the last day of the fiscal quarter of the Borrower covered by such
Quarterly Compliance Certificate of less than or equal to 5:00:1.00, 50%) of
the increase, if any, in Cumulative Distributable Cash during such fiscal
quarter shall be applied as a mandatory repayment of principal of the then
outstanding B Term Loans.”.

 

5.             Section 3.02(A) of
the Credit Agreement is hereby amended by inserting the following new clause (g) immediately
following clause (f) of said Section:

 

“(g)         On the fifth Business
Day following each date on or after the Fifth Amendment Initial Effective Date
upon which the Borrower or any of its Subsidiaries receives any cash proceeds
from any capital contribution or any sale or issuance of its Equity Interests
(other than (i) issuances of Equity Interests to the Borrower or any
Subsidiary of the Borrower by any Subsidiary of the Borrower, (ii) any
capital contributions to any Subsidiary of the Borrower made by the Borrower or
any Subsidiary of the Borrower, (iii) sales or issuances of Equity
Interests of the Borrower to employees, officers and/or directors of the
Borrower and its Subsidiaries (including as a result of the exercise of any
options with respect to common stock of the Borrower) in an aggregate amount
not to exceed $1,000,000 in any fiscal year of the Borrower, (iv) sales or
issuances of Equity Interests of the Borrower generating cash proceeds not to
exceed $100,000,000 in the aggregate after the Fifth Amendment Initial
Effective Date, to the extent such cash proceeds are used (x) to finance a
Permitted Acquisition and to pay fees and expenses incurred in connection
therewith and/or (y) to refinance Capgemini Debt in accordance with the
provisions of Section 7.09(a)(xix), (v) sales or issuances of Equity
Interests of the Borrower generating cash proceeds (or in the case of
sub-clause (B) of this clause (v) below, being issued with respect to
reimbursement obligations of a principal amount) not to exceed $20,000,000 in
the aggregate after the Fifth Amendment Initial Effective Date, (A) to the
extent such cash proceeds are used to finance cash expenditures or cash charges
of the type described in clause (xiii) of the definition of

 

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“Adjusted
Consolidated EBITDA” or clause (w) of the proviso appearing in the
definition of “Consolidated Capital Expenditures”, in each case in accordance
with the provisions of and subject to the limitations set forth in Section 7.15(c),
or (B) in favor of the third-parties referenced in Section 7.15(c)(ii) pursuant
to the exercise of a right of reimbursement described in said Section, and (vi) sales
and issuances of Disqualified Preferred Stock), an amount equal to 100% of the
Net Cash Proceeds of such capital contribution or sale or issuance of Equity
Interests shall be applied on such date as a mandatory repayment of then
outstanding B Term Loans.”.

 

6.             Section 6.01(d) of
the Credit Agreement is hereby amended by (i) deleting the text “(x)”
appearing in clause (i) of said Section and inserting “(w)” in lieu
thereof, (ii) deleting the text “and (y)” appearing in clause (i) of
said Section and inserting the text “(x)” in lieu thereof, (iii) inserting
the text “, (y) the amount (and purpose) of expenditures recorded as
capital expenditures during any fiscal quarter included in the Test Period
ended on the last day of the respective fiscal quarter or fiscal year of the
Borrower, as the case may be, pursuant to clause (w) of the proviso
appearing in the definition of “Consolidated Capital Expenditures”, and (z) calculations
showing compliance with Section 7.15” and (iv) inserting the text “,
(xiii), (xiv) or (xv)” immediately after the text “pursuant to clause (xi)”
appearing in said Section.

 

7.             Section 6.01(e) of
the Credit Agreement is hereby amended by (i) deleting the word “and”
appearing at the end of clause (ii) of said Section, (ii) inserting
the text “, (xiii), (xiv) or (xv)” immediately after the text “pursuant to
clause (xi)” appearing in said Section, and (iii) inserting “(iv) the
amount (and purpose) of expenditures recorded as capital expenditures during
any fiscal quarter included in the Test Period then last ended pursuant to
clause (w) of the proviso appearing in the definition of “Consolidated
Capital Expenditures”, and (v) calculations showing compliance with Section 7.15”
immediately prior to the period at the end of said Section.

 

8.             Section 6.10(a) of
the Credit Agreement is hereby amended by (i) deleting the text “$10,000,000”
appearing in clause (vii) of said Section and inserting the text “$20,000,000”
in lieu thereof, (ii) deleting
the text “and (ix) the Borrower shall have delivered” appearing in said Section and
inserting the text “and (x) the Borrower shall have delivered” in lieu
thereof, (iii) inserting the following text immediately following the
text “Pro  Forma EBITDA Test is satisfied” appearing in clause (viii) of
said Section:

 

“, (ix) the Aggregate Consideration
payable for the proposed Permitted Acquisition, when added to the Aggregate
Consideration paid or payable for all other Permitted Acquisitions theretofore
consummated on or after the Fifth Amendment Initial Effective Date, does not
exceed $100,000,000”,

 

(iv) deleting
the text “through (vii)” appearing in clause (x) of said Section (as
redesignated pursuant to clause (ii) above) and inserting the text “through
(ix)” in lieu thereof, and (v) deleting the text “and (viii)” immediately
prior to the period at the end of said Section and inserting the text “, (viii) and
(ix)” in lieu thereof.

 

9.             Section 6.17(b) of
the Credit Agreement is hereby amended by inserting the following text before
the period at the end of said Section:

 

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“(it being understood that the
foregoing provisions of this Section 6.17(b) shall not be construed
to restrict the making of intercompany Dividends and/or Investments by and
among the Borrower and its Subsidiaries otherwise permitted by this Agreement)”.

 

10.           Section 7.02
of the Credit Agreement is hereby amended by deleting the text “and (ii) additional
sales or dispositions of assets to the extent that the aggregate Net Cash
Proceeds received from all such sales and dispositions permitted by this clause
(f)(ii) after the Initial Borrowing Date shall not exceed $4,000,000 in
any fiscal year of the Borrower” appearing in clause (f) of said Section.

 

11.           Section 7.02
of the Credit Agreement is hereby further amended by inserting the text “at any
time prior to the occurrence of the Fifth Amendment Initial Effective Date,”
immediately prior to the text “Permitted Swap Transactions” appearing in clause
(i) of said Section.

 

12.           Section 7.04(j) of
the Credit Agreement is hereby amended by deleting clause (iii) of said Section in
its entirety and inserting the following new clause (iii) in lieu thereof:

 

“(iii) 100%
of the Net Cash Proceeds therefrom are applied as a mandatory repayment and/or
commitment reduction in accordance with the requirements of Section 3.02(A)(c),
2.03(d) or 2.03(f), as the case may be,”.

 

13.           Section 7.04(n) of
the Credit Agreement is hereby amended by deleting clause (iii) of said Section in
its entirety and inserting the following new clause (iii) in lieu thereof:

 

“(iii) 100% of the Net Cash
Proceeds therefrom are applied as a mandatory repayment and/or commitment
reduction in accordance with the requirements of Section 3.02(A)(c), 2.03(d) or
2.03(f), as the case may be,”.

 

14.           Section 7.04(o) of
the Credit Agreement is hereby amended by deleting clause (ii) of said Section in
its entirety and inserting the following new clause (ii) in lieu thereof:

 

“(ii) 100% of the Net Cash
Proceeds therefrom are applied as a mandatory repayment and/or commitment
reduction in accordance with the requirements of Section 3.02(A)(c), 2.03(d) or
2.03(f), as the case may be,”.

 

15.           Section 7.04
of the Credit Agreement is hereby further amended by (i) deleting the word
“and” appearing at the end of clause (o) of said Section, (ii) deleting
the period at the end of clause (p) of said Section and inserting the
text “; and” in lieu thereof and (iii) inserting the following new clause (q) at
the end of said Section:

 

“(q) unsecured Indebtedness of the Borrower owing to Capgemini,
U.S. LLC in an aggregate principal amount not to exceed $30.0 million at any
time outstanding (as the same may be reduced from time to time by principal
repayments thereof in accordance with the terms thereof); provided that (x) the
interest rate applicable to such Indebtedness

 

4

 

shall not exceed 6.25% per annum and (y) the principal thereon
shall be payable in equal quarterly installments of not more than $2,500,000
commencing not earlier than March 31, 2009 and ending on December 31,
2011.”.

 

16.           Section 7.05
of the Credit Agreement is hereby amended by (i) inserting the text “(a)”
immediately prior to the text “The Borrower” appearing in said Section, (ii) deleting
the text “37.5% of Adjusted Consolidated EBITDA” appearing in clause (a) of
said Section and inserting in lieu thereof the text “(i) in the case
of any fiscal year of the Borrower ended on or prior to December 31, 2007,
37.5% of Adjusted Consolidated EBITDA for such fiscal year and (ii) in the
case of any fiscal year of the Borrower ended after December 31, 2007,
$33,000,000”, and (iii) deleting clause (b) of said Section in
its entirety.

 

17.           Section 7.06
of the Credit Agreement is hereby amended by deleting clause (l) of said Section in
its entirety and inserting the text “(l) [Reserved];” in lieu thereof.

 

18.           Section 7.06
of the Credit Agreement is hereby further amended by deleting clause (m) of
said Section in its entirety and inserting the text “(m) [Reserved];”
in lieu thereof.

 

19.           Section 7.08(a) of
the Credit Agreement is hereby amended by inserting the text “, the Capgemini
Debt” immediately after the text “any Existing 2010 Senior Notes Document”
appearing in said Section.

 

20.           Section 7.09(a) of
the Credit Agreement is hereby amended by deleting clause (ii) of said Section in
its entirety and inserting the text “(ii) [Reserved];” in lieu thereof.

 

21.           Section 7.09(a) of
the Credit Agreement is hereby further amended by (i) deleting the text “made
(v)” appearing in clause (iii) of said Section and inserting the text
“declared or made (v)” in lieu thereof and (ii) inserting the following
text immediately prior to the semi-colon appearing at the end of clause (iii) of
said Section:

 

“provided, however,
that the Borrower may declare (but not pay) a Dividend at any time after the
Fifth Amendment Initial Effective Date and prior to April 30, 2008 so long
as the payment of such Dividend is expressly subject to the consummation of the
Merger and related transactions described in the Merger Agreement and the
termination of this Agreement and the repayment of all Obligations owing
hereunder; and provided, further, that, other than as set forth
in the immediately preceding proviso, no dividend shall be declared or paid
during the period commencing with the Fifth Amendment Initial Effective Date
and the date of delivery of the Quarterly Compliance Certificate with respect
to the fiscal quarter ending March 31, 2008”

 

22.           Section 7.09(a) of
the Credit Agreement is hereby further amended by deleting clause (xv) of said Section in
its entirety and inserting the text “(xv) [Reserved];” in lieu thereof.

 

23.           Section 7.09(a) of
the Credit Agreement is hereby further amended by (i) deleting the word “and”
appearing at the end of clause (xvii) of said Section, (ii) deleting the

 

5

 

period
at the end of clause (xviii) of said Section and inserting the text “; and”
in lieu thereof and (iii) inserting the following new clause (xix) at the
end of said Section:

 

                “(xix)
the Borrower may prepay principal of Capgemini Debt with the Net Cash Proceeds
of issuances of Equity Interests of the Borrower not required to be applied as
a repayment of Term Loans as a result of the application of subclause (iv) of
the first parenthetical appearing in Section 3.02(A)(g), so long as no
Default or Event of Default then exists or would result therefrom.”.

 

24.           Section 7.11
of the Credit Agreement is hereby amended by deleting said Section in its
entirety and inserting the following new Section 7.11 in lieu thereof:

 

                “7.11 Interest Coverage Ratio.
The Borrower will not permit the Interest
Coverage Ratio for any Test Period ending on the last day of any fiscal quarter
of the Borrower to be less than (i) in the case of any Test Period ending
on the last day of any fiscal quarter of the Borrower ended on or prior to December 31,
2007, 3.00:1.00 (or, at any time on and after the issuance of any Permitted
Senior Subordinated Notes pursuant to Section 7.04(j), 2.50:1.00), (ii) in
the case of any Test Period ending on the last day of any fiscal quarter of the
Borrower ended after December 31, 2007 and on or prior to December 31,
2008, 1.85:1.00, (iii) in the case of any Test Period ending on the last
day of any fiscal quarter of the Borrower ended after December 31, 2008
and on or prior to December 31, 2009, 2.50:1.00; and (iv) in the case
of any Test Period ending on the last day of any fiscal quarter of the Borrower
ended after December 31, 2009, 2.75:1.00.”.

 

25.           Section 7.12
of the Credit Agreement is hereby amended by deleting the text “5.50:1.00”
appearing in said Section and inserting in lieu thereof the text “(i) in
the case of any fiscal quarter of the Borrower ended on or prior to December 31,
2007, 5.50:1.00, (ii) in the case of any fiscal quarter of the Borrower
ended after December 31, 2007 and on or prior to December 31, 2008,
6.50:1.00, (iii) in the case of any fiscal quarter of the Borrower ended
after December 31, 2008 and on or prior to December 31, 2009,
5.00:1.00, and (iv) in the case of any fiscal quarter of the Borrower
ended after December 31, 2009, 4.50:1.00.”.

 

26.           Section 7.13(d) of
the Credit Agreement is hereby amended by deleting clause (ii) of said Section in
its entirety and inserting the following new clause (ii) in lieu thereof:

 

“(ii) 100% of the Net Cash
Proceeds therefrom are applied as a mandatory repayment and/or commitment
reduction in accordance with the requirements of Section 3.02(A)(c), 2.03(d) or
2.03(f), as the case may be,”.

 

27.           Section 7
of the Credit Agreement is hereby further amended by inserting the following
new Section 7.15 at the end of said Section:

 

                “7.15  Special Covenants in Connection with the
Fifth Amendment. (a) The Borrower will not, and will not permit any of
its Subsidiaries to, make or incur any cash expenditures or cash charges of the
type described in clause (xiii) of the definition of “Adjusted Consolidated
EBITDA” or clause (w) of the proviso appearing in the definition of “Consolidated
Capital Expenditures” during any period specified on Annex

 

6

 

XIII, unless on the date of the
making or incurrence of the respective expenditure or charge, the sum of (i) Total
Unutilized Revolving Commitment on such date (determined on a pro  forma
basis after giving effect to any incurrence of RF Loans and Swingline Loans on
such date to make or incur such expenditure or charge or for any other purpose)
plus (ii) the amount of Unrestricted cash and Cash Equivalents of
the Borrower and its Subsidiaries on such date (determined on a pro  forma
basis after giving effect to any application of such cash or Cash Equivalents
on such date to make or incur such expenditures or charges or for any other
purpose), is equal to or greater than the amount set forth on Annex XIII for
the respective period during which such date occurs.

 

                (b) The
Borrower will not, and will not permit any of its Subsidiaries to, make or
incur any cash expenditures or cash charges of the type described in clause
(xiii) of the definition of “Adjusted Consolidated EBITDA” or clause (w) of
the proviso appearing in the definition of “Consolidated Capital Expenditures”
(including integration expenses payable to Capgemini, U.S. LLC) during any
fiscal quarter specified on Annex XII in excess of the aggregate amounts
permitted for such types of expenditures and charges specified for such fiscal
quarter on Annex XII, in any case after March 31, 2008 (it being
understood, for avoidance of doubt, that the aggregate amount of cash
expenditures or cash charges of a given type may exceed the corresponding
amount for such type set forth on Annex XII for a given fiscal quarter but the
aggregate amount of cash expenditures and cash charges of all types set forth
on Annex XII for a given fiscal quarter may not exceed the aggregate dollar
limitations for all such types set forth on Annex XII for such fiscal quarter);
provided, however that (x) the Borrower may pay an accrued
payable to Capgemini, U.S. LLC during the fiscal quarters ended June 30,
2008, September 30, 2008 and December 31, 2008 in an aggregate amount
not to exceed $6,300,000, which payable relates to charges accrued during a
prior fiscal quarter and (y) the foregoing is not intended to limit
payments in respect of the Capgemini Debt.

 

                (c) Notwithstanding
anything to the contrary in clauses (a) or (b) of this Section 7.15,
the Borrower and its Subsidiaries may make or incur any cash expenditures or
cash charges of the type described in clause (xiii) of the definition of “Adjusted
Consolidated EBITDA” or clause (w) of the proviso appearing in the
definition of “Consolidated Capital Expenditures” during any period specified
on Annex XII ending after March 31, 2008 in excess of the amounts set
forth on Annex XII for the respective period, up to an aggregate amount not to
exceed $20,000,000; provided that such amounts are either (i) funded
from sales or issuances of Equity Interests of the Borrower pursuant to clause (v) of
Section 3.02(A)(g) or (ii) committed in writing to be fully
reimbursed on terms reasonably satisfactory to the Administrative Agent acting
in its sole discretion, and are so reimbursed in cash within thirty (30) days
of the making or incurrence thereof, by third-parties reasonably acceptable to
the Required Lenders (it being agreed and acknowledged that (I) the
issuance of Equity Interests of the Borrower pursuant to clause (v) of Section 3.02(A)(g) as
a condition to any reimbursement described above shall constitute a reasonably
satisfactory term of such reimbursement, and (II) Verizon Communications
Inc. (“Verizon”) shall constitute a reasonably acceptable third party
for the purposes of this clause (c)) provided that any such amounts
under sub-clause (ii) above shall not be required to be reimbursed to the
extent that, on or before the thirtieth day after the making or incurrence of
cash expenditures or cash charges referenced in this

 

7

 

clause
(c), the Merger and related transactions described in the Merger Agreement
shall have been consummated, all outstanding Obligations under this Agreement
shall have been repaid in full and this Agreement shall have been terminated,
and provided, further, that an unconditional commitment in
writing by Verizon to fully reimburse (without any right of setoff) any
expenditures as described above prior to the making or incurrence of any such
expenditure by the Borrower shall be deemed satisfactory to the Administrative
Agent (without any required review by the Administrative Agent) so long as any
consideration for such reimbursement (which in any event may consist of
Borrower Common Stock and/or Qualified Preferred Stock) (I) shall not
constitute Indebtedness hereunder, (II) shall not contain any terms
requiring payment of cash by the Borrower to Verizon prior to the Term Loan
Maturity Date or payment in full of all Obligations, and (III) shall not
contain any covenants other than customary information covenants and inspection
rights.”.

 

28.           The
definition of “Adjusted Consolidated EBITDA” appearing in Section 9
of the Credit Agreement is hereby amended by (i) deleting the word “and”
appearing before the text “(xii) in the case of any period” in said definition
and inserting a comma in lieu thereof and (ii) inserting the following new
text prior to the text “and (B) subtracting therefrom” appearing in said
definition:

 

“,
(xiii) in the case of any period including the fiscal quarter of the Borrower
ended March 31, 2008, one-time charges recorded as operating expenses of
the Borrower and its Subsidiaries during such fiscal quarter included in such
period for one of the specified purposes under “Merger Operating Expenses” set
forth in Annex XII (as notified to the Administrative Agent pursuant to Section 6.01(d) or
(e), as applicable), in an aggregate amount for all charges added back for such
fiscal quarter pursuant to this clause (xiii) not to exceed the remainder of (I) $58,400,000
less (II) the aggregate amount of expenditures actually recorded as
capital expenditures during such fiscal quarter for one of the specified
purposes under “Merger Related CapEx” set forth in Annex XII, which
expenditures would (in the absence of (A) clause (w) of the proviso
appearing in the definition of “Consolidated Capital Expenditures” and (B) the
exclusion of non-cash capital expenditures from the definition of “Consolidated
Capital Expenditures”) be accounted for as Consolidated Capital Expenditures
for such fiscal quarter included in such period; provided that (x) the
aggregate amount of the one-time cash charges added back pursuant to this
clause (xiii), when added to the aggregate amount of cash capital expenditures
excluded from Consolidated Capital Expenditures by virtue of the application of
clause (w) of the definition of “Consolidated Capital Expenditures”, shall
not exceed $32,600,000, all of which cash charges shall actually be incurred
during such fiscal quarter included in such period and (y) notwithstanding
the foregoing, if any charges referred to in this clause (xiii) that are
initially contemplated to be characterized as “Merger Operating Expenses” are
subsequently characterized as restructuring charges upon the termination of the
Merger Agreement (without consummation of the Merger), such charges shall be
permitted to be added-back for the relevant fiscal quarter, subject to the
overall dollar limitations provided for add-backs pursuant to this clause
(xiii), (xiv)in the case of any period including a fiscal quarter of the
Borrower ended June 30, 2008 or September 30, 2008, one-time cash
restructuring charges (including severance) actually incurred during a fiscal
quarter included in such period in connection with the

 

8

 

termination
of the Merger Agreement and the related transactions (as notified to the
Administrative Agent pursuant to Section 6.01(d) or (e), as
applicable), in an aggregate amount for all charges added back for all fiscal
quarters pursuant to this clause (xiv) not to exceed $17,800,000, and (xv) the
write-off of any capitalized assets as a result of the termination of the
Merger Agreement (without consummation of the Merger), so long as the amount of
the write-offs added back pursuant to this clause (xv) do not exceed the sum of
(x) the amounts excluded from the definition of “Consolidated Capital
Expenditures” by virtue of clause (w) appearing in the proviso to the
definition thereof and (y) the amount of capital expenditures and
transition expenses made or incurred by the Borrower and its Subsidiaries
during the fiscal year of the Borrower ended December 31, 2007 in
contemplation of the Merger.”.

 

29.           The
definition of “Available Cash” appearing in Section 9 of the Credit
Agreement is hereby amended by inserting the text “(determined without regard
to (A) the second parenthetical appearing in clause (x) of the
definition of “Adjusted Consolidated EBITDA” and (B) any portion of
Adjusted Consolidated EBITDA attributable to a cash add-back pursuant to clause
(xiii), (xiv) or (xv) of the definition of “Adjusted Consolidated EBITDA”)”
immediately after the first reference to “Adjusted Consolidated EBITDA”
appearing in said definition.

 

30.           The
definition of “Consolidated Capital Expenditures” appearing in Section 9
of the Credit Agreement is hereby amended by inserting the following new clause
(w) immediately prior to the text “(x) exclude” appearing in the
proviso in said Section:

 

“(w) for
purposes of Section 7.05 and clause (xv) of the definition of Adjusted
Consolidated EBITDA only, in the case of any period including the fiscal
quarter of the Borrower ended March 31, 2008, exclude expenditures
recorded as capital expenditures of the Borrower and its Subsidiaries during
such fiscal quarter for one of the specified purposes under “Merger Related
Capex” set forth in Annex XII, in an aggregate amount for all expenditures
excluded for such quarter pursuant to this clause (w) not to exceed the
remainder of (I) $58,400,000 less (II) the aggregate amount of
all charges actually recorded for one of the specified purposes under “Merger
Operating Expenses” set forth in Annex XII during such fiscal quarter, which
charges would (in the absence of clause (A)(xiii) of the definition of “Adjusted
Consolidated EBITDA”) reduce Adjusted Consolidated EBITDA for such period; provided
that the aggregate amount of cash capital expenditures excluded from
Consolidated Capital Expenditures by virtue of the application of this clause
(w), when added to the aggregate amount of the one-time cash charges added back
pursuant to clause (xiii) of the definition of “Adjusted Consolidated EBITDA”,
shall not exceed $32,600,000, all of which cash capital expenditures shall
actually be made during such fiscal quarter included in such period”.

 

31.           The
definition of “Cumulative Distributable Cash” appearing in Section 9
of the Credit Agreement is hereby amended by inserting the following text prior
to the period at the end of said Section:

 

“minus (v) the
aggregate principal amount of Term Loans actually repaid (or, for purposes of Section 7.09(a)(iii) only,
required to be repaid on such date of determination

 

9

 

or the next Business Day
thereafter) pursuant to Section 3.02(A)(e) (for avoidance of doubt,
excluding (other than for purposes of Section 7.09(a)(iii)) any repayment
of Term Loans to be made on such date of determination or the next Business Day
thereafter).”.

 

32.           The
definition of “Dividend Suspension Period” appearing in Section 9
of the Credit Agreement is hereby amended by deleting the text “5.25:1.00”
appearing in said definition in the two instances where it appears and
inserting in both instances the text “4.50:1.00” in lieu thereof.

 

33.           The
definition of “Excluded Asset Sale” appearing in Section 9 of the
Credit Agreement is hereby amended by deleting the text “$40,000,000” appearing
in said definition and inserting in lieu thereof the text “$29,000,000 (it
being understood that in no event shall the aggregate Net Cash Proceeds
(determined as provided in the preceding parenthetical) from all sales and
dispositions identified as “Excluded Asset Sales” and consummated after the
Fifth Amendment Initial Effective Date exceed $6,000,000)” in lieu thereof.

 

34.           The
definition of “Minimum Liquidity Condition” appearing in Section 9
of the Credit Agreement is hereby amended by deleting the text “$10,000,000”
appearing in said definition and inserting the text “$20,000,000” in lieu
thereof.

 

35.           The
definition of “Net Cash Proceeds” appearing in Section 9 of the
Credit Agreement is hereby amended by (i) inserting the text “or Equity
Interests or any capital contribution” after the text “Preferred Stock or
Indebtedness” appearing in said definition, (ii) inserting the text “or
any Subsidiary thereof” after the text “the Borrower” appearing in said
definition and (iii) inserting the text “or capital contribution” after
the text “such issuance” appearing in said definition.

 

36.           The
definition of “Restricted Payment” appearing in Section 9 of the
Credit Agreement is hereby amended by inserting the text “, the Capgemini Debt”
immediately prior to the text “and any Permitted Refinancing Indebtedness”
appearing in said definition.

 

37.           The
definition of “Pro Forma EBITDA Test” appearing in Section 9 of the
Credit Agreement is hereby amended by deleting the text “40%” appearing in said
definition and inserting the text “10%” in lieu thereof.

 

38.           Section 9
of the Credit Agreement is hereby further amended by (i) deleting the
definition “Available Basket Amount”, “Available Basket Sub-Limit”,
“RF Maturity Date” and “Term Loan Maturity Date” appearing in
said Section in their entirety and (ii) inserting the following new
definitions in said Section in appropriate alphabetical order:

 

“Aggregate Consideration” shall mean, with respect to any
Permitted Acquisition, the sum (without duplication) of (i) the fair
market value of the common stock of the Borrower (based on the average
closing trading price of the common stock of the Borrower for the 20
trading days immediately prior to the date of such Permitted Acquisition on the
stock exchange on which the common stock of the Borrower is listed or,
if the common stock of the Borrower is not so listed, the good faith
determination of the senior management of the Borrower) issued (or to be
issued) as consideration in connection with such Permitted Acquisition (including,
without limitation, common

 

10

 

stock of
the Borrower which may be required to be issued as earn-out consideration upon
the achievement of certain future performance goals of the respective
Acquired Person), (ii) the aggregate amount of all cash paid (or to
be paid) by the Borrower or any of its Subsidiaries in connection
with such Permitted Acquisition (including, without limitation, payments of
fees and costs and expenses in connection therewith) and all contingent cash
purchase price, earn-out, non-compete and other similar obligations of the
Borrower and its Subsidiaries incurred and reasonably expected to be
incurred in connection therewith (as determined in good faith by the
Borrower), (iii) the aggregate principal amount of all Indebtedness
assumed, incurred, refinanced and/or issued in connection with such Permitted
Acquisition to the extent permitted by Section 7.04, (iv) the
aggregate liquidation preference of all Preferred Stock issued as
consideration in connection with the proposed Permitted Acquisition and (v) the fair market value
(as reasonably determined by senior management of the Borrower) of all other
consideration payable in connection with such Permitted Acquisition.

 

“Capgemini Debt” shall mean the Indebtedness of the Borrower
described in Section 7.04(q).

 

“Equity Interests” of any Person shall mean any and all shares,
interests, rights to purchase, warrants, options, participation or other
equivalents of or interest in (however designated) equity of such Person,
including any common stock, preferred stock, any limited or general partnership
interest and any limited liability company membership interest.

 

“Fifth Amendment” shall mean the Fifth Amendment to Credit
Agreement, dated as of February 25, 2008.

 

“Fifth Amendment Initial Effective Date” shall have the meaning
provided in the Fifth Amendment.

 

“Fifth Amendment First Subsequent Effective Date” shall have the
meaning provided in the Fifth Amendment.

 

“Fourth Amendment” shall mean the Fourth Amendment to Credit
Agreement, dated as of January 25, 2007.

 

“Merger” shall have the meaning provided in the Fourth
Amendment.

 

“RF Maturity Date” shall mean February 8, 2011; provided,
however, that if any Capgemini Debt remains outstanding on June 30,
2009 and which provides for a mandatory prepayment to be made on a date falling
on or prior to February 8, 2011, the “RF Maturity Date” shall instead mean
June 30, 2009.

 

“Term Loan Maturity Date” shall mean February 8, 2012; provided,
however, that if any Capgemini Debt remains outstanding on June 30,
2009 and which provides for a mandatory prepayment to be made on a date falling
on or prior to February 8, 2012, the “Term Loan Maturity Date” shall
instead mean June 30, 2009.

 

11

 

39.           The
Credit Agreement is hereby further amended by adding new Annex XII and Annex
XIII thereto in the form of Annex XII and Annex XIII, respectively, attached
hereto.

 

40.           The
parties hereto hereby acknowledge and agree that consummation of the
transactions contemplated by the Merger Agreement shall constitute a Change of
Control and accordingly, upon the date of such consummation, the Total
Revolving Commitment shall terminate in its entirety in accordance with the
provisions of Section 2.03(g)(y) of the Credit Agreement, and all
outstanding Loans shall be required to be repaid in full in accordance with the
provisions of Section 3.02(A)(f) of the Credit Agreement.

 

II.            First
Subsequent Amendments to Credit Agreement.

 

The following amendments to the Credit Agreement shall
become effective on the Fifth Amendment First Subsequent Effective Date (as
defined in Section 6 of Part IV of this Amendment below):

 

1.             Section 2.01
of the Credit Agreement is hereby amended by (i) redesignating clause (i) of
said Section as clause (j) of said Section and (ii) inserting
the following new clause (i) immediately following clause (h) of said
Section:

 

“(i)          All voluntary
prepayments of principal of B Term Loans pursuant to Section 3.01 and all
repayments of principal of B Term Loans required pursuant to Section 8 as
a result of any acceleration thereof, in each case prior to the second
anniversary of the Fifth Amendment First Subsequent Effective Date, will be
subject to payment to the Administrative Agent, for the ratable account of each
Lender with outstanding B Term Loans, of a fee as follows:  (x) if prior to the first anniversary of
the Fifth Amendment First Subsequent Effective Date, an amount equal to 2.0% of
the aggregate principal amount of such prepayment or repayment and (y) if
payable on or after the first anniversary of the Fifth Amendment First
Subsequent Effective Date and prior to the second anniversary of the Fifth
Amendment First Subsequent Effective Date, an amount equal to 1.0% of the aggregate
principal amount of such prepayment or repayment.  Such fees shall be due and payable upon the
date of any voluntary prepayment or the due date of such required repayment, as
the case may be.”.

 

2.             Section 3.01
of the Credit Agreement is hereby amended by (i) inserting the text “(except
as provided below)” immediately after the text “without premium or penalty”
appearing in said Section, (ii) deleting the word “and” appearing at the
end of clause (v) of said Section, (iii) deleting the period at the
end of clause (vi) of said Section and inserting the text “; and” in
lieu thereof and (iv) inserting the following new clause (vii) at the
end of said Section:

 

“(vii)  any prepayment of B Term Loans pursuant to this Section 3.01
made prior to the second anniversary date of the Fifth Amendment First
Subsequent Effective Date shall be subject to the fee described in Section 2.01(i).”.

 

3.             The
definition of “Eurodollar Rate” appearing in Section 9 of the
Credit Agreement is hereby amended by inserting the following text immediately
prior to the period appearing at the end of clause (II) of said
definition:

 

12

 

“provided,
further, that, for all periods on and after the Fifth Amendment First
Subsequent Effective Date, if the rate per annum as determined in accordance
with the foregoing provisions is less than 2.50%, the rate per annum shall be
deemed to be 2.50% per annum”

 

4.             Section 9
of the Credit Agreement is hereby further amended by (i) deleting the
definitions of “Applicable Base Rate Margin”
and “Applicable Eurodollar Margin”
appearing in said Section in their entirety and (ii) inserting the
following new definitions in said Section in appropriate alphabetical
order:

 

“Applicable Base Rate Margin” shall mean (i) in
the case of B Term Loans, 3.00%, (ii) in the case of RF Loans, 3.00% and (iii) in
the case of Swingline Loans, 3.00% (it being understood that the “Applicable
Base Rate Margin” (as defined in this Agreement prior to the Fifth Amendment First Subsequent
Effective Date) shall be applicable for all periods prior to the Fifth
Amendment First Subsequent Effective Date and the
“Applicable Base Rate Margin” (as defined in this Agreement after giving effect
to the Fifth Amendment First Subsequent Effective Date) shall be
applicable for all periods on and after the Fifth Amendment First Subsequent
Effective Date).

 

“Applicable Eurodollar Margin” shall mean (i) in
the case of B Term Loans, 4.00%, and (ii) in the case of RF Loans, 4.00%
(it being understood that the “Applicable Eurodollar Margin” (as defined in
this Agreement prior to the Fifth Amendment First Subsequent Effective Date) shall be applicable
for all periods prior to the Fifth Amendment First Subsequent Effective Date
and the “Applicable Eurodollar Margin” (as
defined in this Agreement after giving effect to the Fifth Amendment
First Subsequent Effective Date) shall be applicable for all periods on and
after the Fifth Amendment First Subsequent Effective Date).

 

III.           Second
Subsequent Amendments to Credit Agreement.

 

The following amendments to the Credit Agreement shall
become effective on the Fifth Amendment Second Subsequent Effective Date (as
defined in Section 7 of Part IV of this Amendment below):

 

1.             The
definition of “Eurodollar Rate” appearing in Section 9 of the
Credit Agreement is hereby amended by deleting the second proviso appearing in
clause (II) of said definition in its entirety and inserting the following
text in lieu thereof:

 

“provided,
further, that, for all periods on and after the Fifth Amendment Second
Subsequent Effective Date, if the rate per annum as determined in accordance
with the foregoing provisions is less than 3.25%, the rate per annum shall be
deemed to be 3.25% per annum”

 

2.             Section 9
of the Credit Agreement is hereby amended by (i) deleting the definitions
of “Applicable Base Rate Margin”
and “Applicable Eurodollar Margin”
appearing in said Section in their entirety and (ii) inserting the
following new definitions in said Section in appropriate alphabetical
order:

 

13

 

“Applicable Base Rate Margin” shall mean (i) in
the case of B Term Loans, 5.00%, (ii) in the case of RF Loans, 5.00% and (iii) in
the case of Swingline Loans, 5.00% (it being understood that the “Applicable
Base Rate Margin” (as defined in this Agreement prior to the Fifth Amendment Second Subsequent
Effective Date) shall be applicable for all periods prior to the Fifth
Amendment Second Subsequent Effective Date and the “Applicable Base Rate Margin” (as defined in this Agreement after
giving effect to the Fifth Amendment Second Subsequent Effective Date)
shall be applicable for all periods on and after the Fifth Amendment Second
Subsequent Effective Date).

 

“Applicable Eurodollar Margin” shall mean (i) in
the case of B Term Loans, 6.00%, and (ii) in the case of RF Loans, 6.00%
(it being understood that the “Applicable Eurodollar Margin” (as defined in
this Agreement prior to the Fifth Amendment Second Subsequent Effective Date) shall be applicable
for all periods prior to the Fifth Amendment Second Subsequent Effective Date
and the “Applicable Eurodollar Margin” (as
defined in this Agreement after giving effect to the Fifth Amendment
Second Subsequent Effective Date) shall be applicable for all periods on and
after the Fifth Amendment Second Subsequent Effective Date).

 

“Fifth Amendment Second Subsequent Effective Date” shall have
the meaning provided in the Fifth Amendment.

 

IV.           Miscellaneous Provisions.

 

1.             In
order to induce the Lenders to enter into this Fifth Amendment, the Borrower
hereby represents and warrants that:

 

(a) no
Default or Event of Default exists as of the Fifth Amendment Initial Effective
Date (as defined below), both immediately before and immediately after giving
effect thereto; and

 

(b) all
of the representations and warranties contained in the Credit Agreement and the
other Credit Documents are true and correct in all material respects on the
Fifth Amendment Initial Effective Date, both immediately before and immediately
after giving effect thereto, with the same effect as though such
representations and warranties had been made on and as of the Fifth Amendment
Initial Effective Date (it being understood that any representation or warranty
made as of a specific date shall be true and correct in all material respects
as of such specific date).

 

2.             This
Fifth Amendment is limited as specified and shall not constitute a
modification, acceptance or waiver of any other provision of the Credit
Agreement or any other Credit Document.

 

3.             This
Fifth Amendment may be executed in any number of counterparts and by the
different parties hereto on separate counterparts, each of which counterparts
when executed and delivered shall be an original, but all of which shall
together constitute one and the same instrument.  A complete set of counterparts shall be
lodged with the Borrower and the Administrative Agent.

 

14

 

4.             THIS
FIFTH AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL
BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAW OF THE STATE OF NEW
YORK (WITHOUT GIVING EFFECT TO ANY CONFLICTS OF LAWS PROVISIONS THEREOF).

 

5.             Except
for amendments and modifications set forth in Part II and Part III of
this Fifth Amendment, the provisions of this Fifth Amendment shall become
effective on the date (the “Fifth Amendment Initial Effective Date”)
when each of the following conditions shall have been satisfied:

 

(i)            the Borrower and Lenders constituting the Required
Lenders shall have signed a counterpart hereof (whether the same or different
counterparts) and shall have delivered (including by way of facsimile
transmission) the same to White & Case LLP, 1155 Avenue of the
Americas, New York, NY 10036, attention: 
May Yip-Daniels (facsimile number: 212-354-8113, email address:
myip@whitecase.com);

 

(ii)           the Administrative Agent shall have received reasonably
satisfactory evidence that Verizon Communications, Inc. has consented to
this Fifth Amendment, to the extent required by Section 7.1(m) of the
Merger Agreement; and

 

(iii)          the Borrower shall have paid to the Administrative Agent
and the Lenders all fees, costs and expenses (including, without limitation,
legal fees and expenses) payable to the Administrative Agent and the Lenders to
the extent then due and invoiced.

 

6.             If
(i) the Fifth Amendment Initial Effective Date has occurred, and (ii) any
Commitments, Loans or Letters of Credit remain outstanding on May 1, 2008
(other than Letters of Credit that have been cash collateralized or supported
by so called “back-to-back” letters of credit on terms reasonably satisfactory
to the Administrative Agent and the relevant Letter of Credit Issuer), then the
amendments and modifications set forth in Part II of this Fifth Amendment
shall become effective on May 1, 2008 and such date shall then become and
be referred to herein as the “Fifth Amendment First Subsequent Effective
Date”.

 

7.             If
(i) the Fifth Amendment Initial Effective Date has occurred, (ii) the
Fifth Amendment First Subsequent Effective Date has occurred and (iii) any
Commitments, Loans or Letters of Credit remain outstanding on January 1,
2009 (other than Letters of Credit that have been cash collateralized or
supported by so called “back-to-back” letters of credit on terms reasonably
satisfactory to the Administrative Agent and the relevant Letter of Credit
Issuer), then the amendments and modifications set forth in Part III of
this Fifth Amendment shall become effective on January 1, 2009 and such
date shall then become and be referred to herein as the “Fifth Amendment
Second Subsequent Effective Date”.

 

8.             The
Borrower hereby covenants and agrees that, so long as the Fifth Amendment
Initial Effective Date occurs, (i) it shall pay to each Lender which
executes and delivers to the Administrative Agent (or its designee) a
counterpart hereof by 3:00 P.M. (New York City time) on February 25,
2008, a non-refundable cash fee (the “Initial Amendment Fee”) in Dollars
in an amount equal to 25 basis points (i.e., 0.25%) of the amount equal
to the sum of (I) the aggregate principal amount of all Term Loans of such
Lender outstanding on the Fifth

 

15

 

Amendment
Initial Effective Date, and (II) the Revolving Commitment of such Lender
as in effect on the Fifth Amendment Initial Effective Date, which amounts shall
be paid by the Borrower to the Administrative Agent for distribution to the
relevant Lenders not later than the second Business Day following the Fifth
Amendment Initial Effective Date, (ii) if any Commitments, Loans or
Letters of Credit remain outstanding (other than Letters of Credit that have
been cash collateralized or supported by so-called “back-to-back” letters of
credit on terms reasonably satisfactory to the Administrative Agent and the relevant
Letter of Credit Issuer) on April 1, 2008, it shall pay to each relevant
Lender on such date a non-refundable cash fee (the “First Subsequent
Amendment Fee”) in Dollars in an amount equal to 25 basis points (i.e.,
0.25%) of the amount equal to the sum of (I) the aggregate principal
amount of all Term Loans of such Lender outstanding on such date and (II) the
Revolving Commitment of such Lender as in effect on such date, which amounts
shall be paid by the Borrower to the Administrative Agent for distribution to
the relevant Lenders not later than the second Business Day following such
date, (iii) on the Fifth Amendment First Subsequent Effective Date, it
shall pay to each relevant Lender on such date a non-refundable cash fee (the “Second
Subsequent Amendment Fee”) in Dollars in an amount equal to 150 basis
points (i.e., 1.50%) of the amount equal to the sum of (I) the
aggregate principal amount of all Term Loans of such Lender outstanding on such
date and (II) the Revolving Commitment of such Lender as in effect on such
date, which amounts shall be paid by the Borrower to the Administrative Agent
for distribution to the relevant Lenders not later than the second Business Day
following such date, and (iv) if any Commitments, Loans or Letters of
Credit remain outstanding (other than Letters of Credit that have been cash
collateralized or supported by so-called “back-to-back” letters of credit on
terms reasonably satisfactory to the Administrative Agent and the relevant
Letter of Credit Issuer) on January 31, 2009, it shall pay to each
relevant Lender on such date a non-refundable cash fee (the “Third
Subsequent Amendment Fee”, and together with the Initial Amendment Fee, the
First Subsequent Amendment Fee, and the Second Subsequent Amendment Fee, the “Amendment
Fees”) in Dollars in an amount equal to 250 basis points (i.e.,
2.50%) of the amount equal to the sum of (I) the aggregate principal
amount of all Term Loans of such Lender outstanding on such date and (II) the
Revolving Commitment of such Lender as in effect on such date, which amounts
shall be paid by the Borrower to the Administrative Agent for distribution to
the relevant Lenders not later than the second Business Day following such
date.  Each Amendment Fee shall
constitute a “Fee” for all purposes of the Credit Agreement (including, without
limitation, Section 8.01 of the Credit Agreement).  The Amendment Fees shall not be subject to
counterclaim or set-off, or be otherwise affected by, any claim or dispute
relating to any other matter.

 

9.             From
and after the Fifth Amendment Initial Effective Date, the Fifth Amendment First
Subsequent Effective Date and the Fifth Amendment Second Subsequent Effective
Date, all references in the Credit Agreement and each of the other Credit
Documents to the Credit Agreement shall be deemed to be references to the
Credit Agreement as modified hereby on the Fifth Amendment Initial Effective
Date, the Fifth Amendment First Subsequent Effective Date and the Fifth
Amendment Second Subsequent Effective Date, as the case may be.

 

*        *        *

 

 

16

 

 

IN WITNESS WHEREOF, the parties hereto have caused
their duly authorized officers to execute and deliver this Fifth Amendment as
of the date first above written.

 

	
   

  	
  FAIRPOINT COMMUNICATIONS,
  INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ John P. Crowley

  
	
   

  	
  Name:

  	
  John P. Crowley

  
	
   

  	
  Title:

  	
  Chief Financial Officer

  

 

 

 

	
   

  	
  DEUTSCHE
  BANK TRUST COMPANY AMERICAS, Individually and as Administrative Agent

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Anca Trifan

  
	
   

  	
  Name:

  	
  Anca Trifan

  
	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Yvonne Tilden

  
	
   

  	
  Name:

  	
  Yvonne
  Tilden

  
	
   

  	
  Title:

  	
  Director

  

 

 

 

 

 

SIGNATURE
PAGE TO THE FIFTH AMENDMENT TO CREDIT AGREEMENT, DATED AS OF THE DATE FIRST
ABOVE WRITTEN, AMONG FAIRPOINT COMMUNICATIONS, INC., VARIOUS LENDERS PARTY TO
THE CREDIT AGREEMENT AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT

 

 

	
   

  	
  NAME OF INSTITUTION:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  LANDMARK I CDO Limited

  
	
   

  	
  By: Aladdin Capital Management, as a Lender

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ James Bragg

  
	
   

  	
   

  	
  Name:

  	
  James Bragg

  
	
   

  	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  LANDMARK III CDO Limited

  
	
   

  	
  By: Aladdin Capital Management, as a Lender

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ James Bragg

  
	
   

  	
   

  	
  Name:

  	
  James Bragg

  
	
   

  	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  LANDMARK IV CDO Limited

  
	
   

  	
  By: Aladdin Capital Management, as a Lender

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ James Bragg

  
	
   

  	
   

  	
  Name:

  	
  James Bragg

  
	
   

  	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  LANDMARK V CDO Limited

  
	
   

  	
  By: Aladdin Capital Management, as a Lender

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ James Bragg

  
	
   

  	
   

  	
  Name:

  	
  James Bragg

  
	
   

  	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  LANDMARK VI CDO Limited

  
	
   

  	
  By: Aladdin Capital Management, as a Lender

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ James Bragg

  
	
   

  	
   

  	
  Name:

  	
  James Bragg

  
	
   

  	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  LANDMARK VII CDO Limited

  
	
   

  	
  By: Aladdin Capital Management, as a Lender

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ James Bragg

  
	
   

  	
   

  	
  Name:

  	
  James Bragg

  
	
   

  	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  New Alliance Global CDO, Limited

  
	
   

  	
  By: AllianceBernstein L.P., as Investment Advisor

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Nantha Suppiah

  
	
   

  	
   

  	
  Name:

  	
  Nantha Suppiah

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  BABSON CLO LTD. 2005-I

  
	
   

  	
  BABSON CLO LTD. 2007-I

  
	
   

  	
  BABSON-JEFFERIES LOAN OPPORTUNITY CLO LTD.

  
	
   

  	
  SAPPHIRE VALLEY CDO I., LTD

  
					

 

 

 

	
   

  	
  SUFFIELD CLO, LIMITED

  
	
   

  	
  By: Babson Capital Management LLC as Collateral
  Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Adrienne Butler

  
	
   

  	
   

  	
  Name:

  	
  Adrienne Butler

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  C.M. LIFE INSURANCE COMPANY

  
	
   

  	
  By: Babson Capital Management LLC as Investment
  Sub-Advisor

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Adrienne Butler

  
	
   

  	
   

  	
  Name:

  	
  Adrienne Butler

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  HAKONE FUND LLC

  
	
   

  	
  By: Babson Capital Management LLC as Investment
  Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Adrienne Butler

  
	
   

  	
   

  	
  Name:

  	
  Adrienne Butler

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  MAPLEWOOD (CAYMAN) LIMITED

  
	
   

  	
  By: Babson Capital Management LLC as Investment
  Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Adrienne Butler

  
	
   

  	
   

  	
  Name:

  	
  Adrienne Butler

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY

  
	
   

  	
  By: Babson Capital Management LLC as Investment
  Advisor

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Adrienne Butler

  
	
   

  	
   

  	
  Name:

  	
  Adrienne Butler

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Bank of America, N.A.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Lisa Webster

  
	
   

  	
   

  	
  Name:

  	
  Lisa Webster

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Bank of America, N.A.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Michael Roof

  
	
   

  	
   

  	
  Name:

  	
  Michael Roof

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Gallatin CLO 2007-1, Ltd.

  
	
   

  	
  As Assignee

  
	
   

  	
  By: Bear Stearns Asset Management, Inc. as its Collateral
  Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Niall Rosenzweig

  
	
   

  	
   

  	
  Name:

  	
  Niall Rosenzweig

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Bear Stearns Loan Trust

  
	
   

  	
  By: Bear Stearns Asset Management, Inc. as
  its Attorney-in-fact

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Niall Rosenzweig

  
	
   

  	
   

  	
  Name:

  	
  Niall Rosenzweig

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
					

 

 

 

	
   

  	
  Callidus Debt Partners CLO Fund III Ltd.

  
	
   

  	
  By: Callidus Capital Management, LLC its
  Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ illegible

  
	
   

  	
   

  	
  Name:

  	
   

  
	
   

  	
   

  	
  Title:

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  CANARAS SUMMIT CLO LTD

  
	
   

  	
  By: Canaras Capital Management LLC as
  Sub-Investment Advisor

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Benjamin S. Steger

  
	
   

  	
   

  	
  Name:

  	
  Benjamin S. Steger, CFA

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Grand Central Asset Trust, EAP Series

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Valerie Opperman

  
	
   

  	
   

  	
  Name:

  	
  Valerie Opperman

  
	
   

  	
   

  	
  Title:

  	
  Attorney-in-fact

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  CIT LENDING SERVICES [Illegible]

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott P. Ploshay

  
	
   

  	
   

  	
  Name:

  	
  Scott P. Ploshay

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  LMP Corporate Loan Fund, Inc.

  
	
   

  	
  By: Citigroup Alternative Investments LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Melanie Hanlon

  
	
   

  	
   

  	
  Name:

  	
  Melanie Hanlon

  
	
   

  	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Eagle Master Fund Ltd.

  
	
   

  	
  By: Citigroup Alternative Investments LLC

  
	
   

  	
  as Investment Manager for and on behalf of

  
	
   

  	
  Eagle Master Fund Ltd.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Melanie Hanlon

  
	
   

  	
   

  	
  Name:

  	
  Melanie Hanlon

  
	
   

  	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  CoBank, ACB .

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Gloria Hancock

  
	
   

  	
   

  	
  Name:

  	
  Gloria Hancock

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
					

 

 

 

	
   

  	
  ColumbusNova CLO Ltd. 2006-I

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Tom Bohrer

  
	
   

  	
   

  	
  Name:

  	
  Tom Bohrer

  
	
   

  	
   

  	
  Title:

  	
  Senior Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Atrium CDO

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Linda R. Karn

  
	
   

  	
   

  	
  Name:

  	
  Linda R. Karn

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Atrium III

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Linda R. Karn

  
	
   

  	
   

  	
  Name:

  	
  Linda R. Karn

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Atrium IV

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Linda R. Karn

  
	
   

  	
   

  	
  Name:

  	
  Linda R. Karn

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Atrium V

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Linda R. Karn

  
	
   

  	
   

  	
  Name:

  	
  Linda R. Karn

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Atrium VI

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Linda R. Karn

  
	
   

  	
   

  	
  Name:

  	
  Linda R. Karn

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Castle Garden

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Linda R. Karn

  
	
   

  	
   

  	
  Name:

  	
  Linda R. Karn

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  CS Global Hybrid

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Linda R. Karn

  
	
   

  	
   

  	
  Name:

  	
  Linda R. Karn

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Credit Suisse Syndicated Loan Fund

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Linda R. Karn

  
	
   

  	
   

  	
  Name:

  	
  Linda R. Karn

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  CSAM Funding I

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Linda R. Karn

  
	
   

  	
   

  	
  Name:

  	
  Linda R. Karn

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Madison Park Funding I

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Linda R. Karn

  
	
   

  	
   

  	
  Name:

  	
  Linda R. Karn

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Madison Park II

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Linda R. Karn

  
	
   

  	
   

  	
  Name:

  	
  Linda R. Karn

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Madison Park III

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Linda R. Karn

  
	
   

  	
   

  	
  Name:

  	
  Linda R. Karn

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Madison Park IV

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Linda R. Karn

  
	
   

  	
   

  	
  Name:

  	
  Linda R. Karn

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Madison Park V

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Linda R. Karn

  
	
   

  	
   

  	
  Name:

  	
  Linda R. Karn

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Aurum CLO 2002-1 Ltd.

  
	
   

  	
  By: Deutsche Investment Management
  Americas, Inc.

  
	
   

  	
  (as successor in interest to Deutsche Asset Management Inc.),

  
	
   

  	
  As Collateral Manager

  
					

 

 

 

 

	
   

  	
  By:

  	
  /s/ Eric S. Meyer

  
	
   

  	
   

  	
  Name:

  	
  Eric S. Meyer

  
	
   

  	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Abdoulaye Thiam

  
	
   

  	
   

  	
  Name:

  	
  Abdoulaye Thiam

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Deutsche Bank Trust Company Americas

  
	
   

  	
  By: DB Services New Jersey, Inc.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Edward Schaffer

  
	
   

  	
   

  	
  Name:

  	
  Edward Schaffer

  
	
   

  	
   

  	
  Title:

  	
  illegible

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   /s/ Dendre
  Whorton

  
	
   

  	
   

  	
  Name:

  	
  Dendre Whorton

  
	
   

  	
   

  	
  Title:

  	
  Assistant Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  ROSEMONT CLO, Ltd.

  
	
   

  	
  By: Deerfield Capital Management LLC as its
  Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Dale Burrow

  
	
   

  	
   

  	
  Name:

  	
  Dale Burrow

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Deutsche Bank AG London Branch

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Edward Schaffer

  
	
   

  	
   

  	
  Name:

  	
  Edward Schaffer

  
	
   

  	
   

  	
  Title:

  	
  illegible

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Dendre Whorton

  
	
   

  	
   

  	
  Name:

  	
  Dendre Whorton

  
	
   

  	
   

  	
  Title:

  	
  Assistant Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  SENIOR DEBT PORTFOLIO

  
	
   

  	
  By: Boston Management and Research as Investment
  Advisor

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott H. Page

  
	
   

  	
   

  	
  Name:

  	
  Scott H. Page

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  EATON VANCE SENIOR INCOME TRUST

  
	
   

  	
  By: Eaton Vance Management as Investment Advisor

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott H. Page

  
	
   

  	
   

  	
  Name:

  	
  Scott H. Page

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  EATON VANCE INSTITUTIONAL SENIOR LOAN FUND

  
	
   

  	
  By: Eaton Vance Management as Investment Advisor

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott H. Page

  
	
   

  	
   

  	
  Name:

  	
  Scott H. Page

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  EATON VANCE CDO VIII, Ltd.

  
	
   

  	
  By: Eaton Vance Management as Investment Advisor

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott H. Page

  
	
   

  	
   

  	
  Name:

  	
  Scott H. Page

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  

 

 

 

 

	
   

  	
  EATON VANCE CDO IX, Ltd.

  
	
   

  	
  By: Eaton Vance Management as Investment Advisor

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott H. Page

  
	
   

  	
   

  	
  Name:

  	
  Scott H. Page

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  GRAYSON & CO

  
	
   

  	
  By: Boston Management and Research as Investment
  Advisor

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott H. Page

  
	
   

  	
   

  	
  Name:

  	
  Scott H. Page

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  THE [illegible] BANK, NEW YORK BRANCH,

  
	
   

  	
  through State Street Bank and Trust Company N.A. as

  
	
   

  	
  Fiduciary Custodian

  
	
   

  	
  By: Eaton Vance Management, Attorney-in-fact

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott H. Page

  
	
   

  	
   

  	
  Name:

  	
  Scott H. Page

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  BIG SKY III SENIOR LOAN TRUST

  
	
   

  	
  By: Eaton Vance Management as Investment Advisor

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott H. Page

  
	
   

  	
   

  	
  Name:

  	
  Scott H. Page

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  EATON VANCE VT FLOATING RATE INCOME FUND

  
	
   

  	
  By: Eaton Vance Management as Investment Advisor

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott H. Page

  
	
   

  	
   

  	
  Name:

  	
  Scott H. Page

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  EATON VANCE LIMITED DURATION INCOME FUND

  
	
   

  	
  By: Eaton Vance Management as Investment Advisor

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott H. Page

  
	
   

  	
   

  	
  Name:

  	
  Scott H. Page

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  EATON VANCE SENIOR FLOATING-RATE TRUST

  
	
   

  	
  By: Eaton Vance Management as Investment Advisor

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott H. Page

  
	
   

  	
   

  	
  Name:

  	
  Scott H. Page

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  EATON VANCE FLOATING-RATE INCOME TRUST

  
	
   

  	
  By: Eaton Vance Management as Investment Advisor

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott H. Page

  
	
   

  	
   

  	
  Name:

  	
  Scott H. Page

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  EATON VANCE SHORT DURATION

  
	
   

  	
  DIVERSIFIED INCOME FUND

  
	
   

  	
  By: Eaton Vance Management as Investment Advisor

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott H. Page

  
	
   

  	
   

  	
  Name:

  	
  Scott H. Page

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  EATON VANCE VARIABLE LEVERAGE FUND Ltd.

  
	
   

  	
  By: Eaton Vance Management as Investment Advisor

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott H. Page

  
	
   

  	
   

  	
  Name:

  	
  Scott H. Page

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  EATON VANCE MEDALLION FLOATING-RATE

  
	
   

  	
  INCOME PORTFOLIO

  
	
   

  	
  By: Eaton Vance Management as Investment Advisor

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott H. Page

  
	
   

  	
   

  	
  Name:

  	
  Scott H. Page

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
					

 

 

 

	
   

  	
  FRANKLIN FLOATING RATE DAILY ACCESS FUND

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Tyler Chan

  
	
   

  	
   

  	
  Name:

  	
  Tyler Chan

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  GENERAL ELECTRIC CAPITAL CORPORATION

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Rebecca A. Ford

  
	
   

  	
   

  	
  Name:

  	
  Rebecca A. Ford

  
	
   

  	
   

  	
  Title:

  	
  Duly Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  GENERAL ELECTRIC CAPITAL CORPORATION

  
	
   

  	
  As Administrator For, Merritt CLO Holding LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ James R. Persico

  
	
   

  	
   

  	
  Name:

  	
  James R. Persico

  
	
   

  	
   

  	
  Title:

  	
  Duly Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  GENERAL ELECTRIC CAPITAL CORPORATION

  
	
   

  	
  As Administrator For, GE Commercial Loan Holding
  LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ James R. Persico

  
	
   

  	
   

  	
  Name:

  	
  James R. Persico

  
	
   

  	
   

  	
  Title:

  	
  Duly Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  GOLDMAN SACHS CREDIT PARTNERS, L.P.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Jamie Weisteiner

  
	
   

  	
   

  	
  Name:

  	
  Jamie Weisteiner

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  GULF STREAM-COMPASS CLO 2003-I LTD

  
	
   

  	
  By: Gulf Stream Asset Management LLC As Collateral
  Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  GULF STREAM-COMPASS CLO 2004-I LTD

  
	
   

  	
  By: Gulf Stream Asset Management LLC As Collateral
  Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  GULF STREAM-COMPASS CLO 2005-II LTD

  
	
   

  	
  By: Gulf Stream Asset Management LLC As Collateral
  Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Barry K. Love

  
	
   

  	
   

  	
  Name:

  	
  Barry K. Love

  
	
   

  	
   

  	
  Title:

  	
  Chief Credit Officer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  The Hartford Mutual Funds, Inc. on behalf of the Hartford
  Floating Rate Fund

  
	
   

  	
  By: Hartford Investment Management Company, its sub-advisor, as a
  lender

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Michael Pineau

  
	
   

  	
   

  	
  Name:

  	
  Michael Pineau

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  

 

 

 

	
   

  	
  Hartford Institutional Trust, on behalf of its Floating Rate Bank
  Series

  
	
   

  	
  By: Hartford Investment Management Company, its Investment Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Michael Pineau

  
	
   

  	
   

  	
  Name:

  	
  Michael Pineau

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Stedman CBNA Loan Funding LLC,

  
	
   

  	
  for itself or as agent for Stedman CFPI Loan Funding LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Emilie Roviaro

  
	
   

  	
   

  	
  Name:

  	
  Emilie Roviaro

  
	
   

  	
   

  	
  Title:

  	
  As Attorney-in-fact

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Highland Floating Rate Advantage Fund

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ M. Jason Blackburn

  
	
   

  	
   

  	
  Name:

  	
  M. Jason Blackburn

  
	
   

  	
   

  	
  Title:

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Pioneer Floating Rate Trust

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ M. Jason Blackburn

  
	
   

  	
   

  	
  Name:

  	
  M. Jason Blackburn

  
	
   

  	
   

  	
  Title:

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Loan Funding IV LLC

  
	
   

  	
  By: Highland Capital Management, L.P., as
  Collateral Manager

  
	
   

  	
  By: Strand Advisors, Inc., its General
  Partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Mark Okada

  
	
   

  	
   

  	
  Name:

  	
  Mark Okada

  
	
   

  	
   

  	
  Title:

  	
  Executive Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Loan Funding VII LLC

  
	
   

  	
  By: Highland Capital Management, L.P., as
  Collateral Manager

  
	
   

  	
  By: Strand Advisors, Inc., its General
  Partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Mark Okada

  
	
   

  	
   

  	
  Name:

  	
  Mark Okada

  
	
   

  	
   

  	
  Title:

  	
  Executive Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Loan Star State Trust

  
	
   

  	
  By: Highland Capital Management, L.P., as
  Collateral Manager

  
	
   

  	
  By: Strand Advisors, Inc., its General
  Partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Mark Okada

  
	
   

  	
   

  	
  Name:

  	
  Mark Okada

  
	
   

  	
   

  	
  Title:

  	
  Executive Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Southfork CLO, Ltd.

  
	
   

  	
  By: Highland Capital Management, L.P., as
  Collateral Manager

  
	
   

  	
  By: Strand Advisors, Inc., its General Partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Mark Okada

  
	
   

  	
   

  	
  Name:

  	
  Mark Okada

  
	
   

  	
   

  	
  Title:

  	
  Executive Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Liberty CLO, Ltd.

  
	
   

  	
  By: Highland Capital Management, L.P., as
  Collateral Manager

  
	
   

  	
  By: Strand Advisors, Inc., its General
  Partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Mark Okada

  
	
   

  	
   

  	
  Name:

  	
  Mark Okada

  
	
   

  	
   

  	
  Title:

  	
  Executive Vice President

  

 

 

 

	
   

  	
  Eastland CLO, Ltd.

  
	
   

  	
  By: Highland Capital Management, L.P., as Collateral Manager

  
	
   

  	
  By: Strand Advisors, Inc., its General Partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Mark Okada

  
	
   

  	
   

  	
  Name:

  	
  Mark Okada

  
	
   

  	
   

  	
  Title:

  	
  Executive Vice President

  
	
   

  	
   

  
	
   

  	
  Red River CLO, Ltd.

  
	
   

  	
  By: Highland Capital Management, L.P., as Collateral Manager

  
	
   

  	
  By: Strand Advisors, Inc., its General Partner

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Mark Okada

  
	
   

  	
   

  	
  Name:

  	
  Mark Okada

  
	
   

  	
   

  	
  Title:

  	
  Executive Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Rockwall CLO II Ltd.

  
	
   

  	
  By: Highland Capital Management, L.P., as Collateral Manager

  
	
   

  	
  By: Strand Advisors, Inc., its General Partner

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Mark Okada

  
	
   

  	
   

  	
  Name:

  	
  Mark Okada

  
	
   

  	
   

  	
  Title:

  	
  Executive Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Westchester CLO, Ltd.

  
	
   

  	
  By: Highland Capital Management, L.P., as Servicer

  
	
   

  	
  By: Strand Advisors, Inc., its General Partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Mark Okada

  
	
   

  	
   

  	
  Name:

  	
  Mark Okada

  
	
   

  	
   

  	
  Title:

  	
  Executive Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Hudson Canyon CBNA Loan Funding LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Emilie Roviaro

  
	
   

  	
   

  	
  Name:

  	
  Emilie Roviaro

  
	
   

  	
   

  	
  Title:

  	
  Attorney-in-fact

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  ING Investment Management CLO I, Ltd.

  
	
   

  	
  By: ING Investment Management Co, as its Investment Manager

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Robert Wilson

  
	
   

  	
   

  	
  Name:

  	
  Robert Wilson

  
	
   

  	
   

  	
  Title:

  	
  Senior Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  ING Investment Management CLO II, Ltd.

  
	
   

  	
  By: ING Alternative Asset Management LLC, as its Investment Manager

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Robert Wilson

  
	
   

  	
   

  	
  Name:

  	
  Robert Wilson

  
	
   

  	
   

  	
  Title:

  	
  Senior Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  ING Investment Management CLO III, Ltd.

  
	
   

  	
  By: ING Alternative Asset Management LLC, as its Investment Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Robert Wilson

  
	
   

  	
   

  	
  Name:

  	
  Robert Wilson

  
	
   

  	
   

  	
  Title:

  	
  Senior Vice President

  
	
   

  	
   

  
	
   

  	
  ING International Senior Bank Loans Euro

  
	
   

  	
  By: ING Investment Management Co, as its Investment Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Robert Wilson

  
	
   

  	
   

  	
  Name:

  	
  Robert Wilson

  
	
   

  	
   

  	
  Title:

  	
  Senior Vice President

  

 

 

	
   

  	
  AVALON CAPITAL LTD. 3

  
	
   

  	
  By: INVESCO Senior Secured Management, Inc. as Asset Manager

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Thomas Ewald

  
	
   

  	
   

  	
  Name:

  	
  Thomas Ewald

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  
	
   

  	
  BELHURST CLO LTD.

  
	
   

  	
  By: INVESCO Senior Secured Management, Inc. as Collateral
  Manager

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Thomas Ewald

  
	
   

  	
   

  	
  Name:

  	
  Thomas Ewald

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  
	
   

  	
  CHAMPLAIN CLO LTD.

  
	
   

  	
  By: INVESCO Senior Secured Management, Inc. as Collateral
  Manager

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Thomas Ewald

  
	
   

  	
   

  	
  Name:

  	
  Thomas Ewald

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  
	
   

  	
  CHARTER VIEW PORTFOLIO

  
	
   

  	
  By: INVESCO Senior Secured Management, Inc. as Investment
  Advisor

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Thomas Ewald

  
	
   

  	
   

  	
  Name:

  	
  Thomas Ewald

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  
	
   

  	
  DIVERSIFIED CREDIT PORTFOLIO LTD.

  
	
   

  	
  By: INVESCO Senior Secured Management, Inc. as Investment Advisor

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Thomas Ewald

  
	
   

  	
   

  	
  Name:

  	
  Thomas Ewald

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  
	
   

  	
  AIM FLOATING RATE FUND

  
	
   

  	
  By: INVESCO Senior Secured Management, Inc. as Sub-Advisor

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Thomas Ewald

  
	
   

  	
   

  	
  Name:

  	
  Thomas Ewald

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  
	
   

  	
  KATONAH V, LTD.

  
	
   

  	
  By: INVESCO Senior Secured Management, Inc. as
  Investment-Advisor

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Thomas Ewald

  
	
   

  	
   

  	
  Name:

  	
  Thomas Ewald

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  
	
   

  	
  LOAN FUNDING IX LLC,

  
	
   

  	
  for itself or as agent for Corporate Loan Funding IX LLC.

  
	
   

  	
  By: INVESCO Senior Secured Management, Inc. as Portfolio Manager

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Thomas Ewald

  
	
   

  	
   

  	
  Name:

  	
  Thomas Ewald

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  
	
   

  	
  MOSELLE CLO S.A.

  
	
   

  	
  By: INVESCO Senior Secured Management, Inc. as Collateral
  Manager

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Thomas Ewald

  
	
   

  	
   

  	
  Name:

  	
  Thomas Ewald

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  
	
   

  	
  NAUTIQUE FUNDING LTD.

  
	
   

  	
  By: INVESCO Senior Secured Management, Inc. as Collateral
  Manager

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Thomas Ewald

  
	
   

  	
   

  	
  Name:

  	
  Thomas Ewald

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  
	
   

  	
  PETRUSSE EUROPEAN CLO S.A.

  
	
   

  	
  By: INVESCO Senior Secured Management, Inc. as Collateral
  Manager

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Thomas Ewald

  
	
   

  	
   

  	
  Name:

  	
  Thomas Ewald

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  

 

 

	
   

  	
  SAGAMORE CLO LTD.

  
	
   

  	
  By: INVESCO Senior Secured Management, Inc. as Collateral
  Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Thomas Ewald

  
	
   

  	
   

  	
  Name:

  	
  Thomas Ewald

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  
	
   

  	
  SARATOGA CLO I, LIMITED

  
	
   

  	
  By: INVESCO Senior Secured Management, Inc. as the Asset Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Thomas Ewald

  
	
   

  	
   

  	
  Name:

  	
  Thomas Ewald

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  
	
   

  	
  WASATCH CLO LTD

  
	
   

  	
  By: INVESCO Senior Secured Management, Inc. as Portfolio Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Thomas Ewald

  
	
   

  	
   

  	
  Name:

  	
  Thomas Ewald

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Atlas Loan Funding (Navigator), LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Jason Jefferson

  
	
   

  	
   

  	
  Name:

  	
  Jason Jefferson

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  KATONAH VII CLO LTD.

  
	
   

  	
  By: Katonah Debt Advisors, L.L.C. as Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Daniel Gilligan

  
	
   

  	
   

  	
  Name:

  	
  Daniel Gilligan

  
	
   

  	
   

  	
  Title:

  	
  Authorized Officer

  
	
   

  	
   

  
	
   

  	
  KATONAH VIII CLO LTD.

  
	
   

  	
  By: Katonah Debt Advisors, L.L.C. as Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Daniel Gilligan

  
	
   

  	
   

  	
  Name:

  	
  Daniel Gilligan

  
	
   

  	
   

  	
  Title:

  	
  Authorized Officer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  MCDONNELL LOAN OPPORTUNITY LTD.

  
	
   

  	
  By: McDonnell Investment Management, LLC, as Investment Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Brian J. Murphy

  
	
   

  	
   

  	
  Name:

  	
  Brian J. Murphy

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  
	
   

  	
  MCDONNELL LOAN OPPORTUNITY II LTD.

  
	
   

  	
  By: McDonnell Investment Management, LLC, as Investment Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Brian J. Murphy

  
	
   

  	
   

  	
  Name:

  	
  Brian J. Murphy

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  
	
   

  	
  WIND RIVER CLO I LTD.

  
	
   

  	
  By: McDonnell Investment Management, LLC, as Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Brian J. Murphy

  
	
   

  	
   

  	
  Name:

  	
  Brian J. Murphy

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  
	
   

  	
  WIND RIVER CLO II — TATE INVESTORS, LTD.

  
	
   

  	
  By: McDonnell Investment Management, LLC, as Manager

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Brian J. Murphy

  
	
   

  	
   

  	
  Name:

  	
  Brian J. Murphy

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  

 

 

	
   

  	
  GANNETT PEAK CLO I, LTD.

  
	
   

  	
  By: McDonnell Investment Management, LLC, as Investment Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Brian J. Murphy

  
	
   

  	
   

  	
  Name:

  	
  Brian J. Murphy

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  MetLife Bank, N.A.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Matthew J. McInerny

  
	
   

  	
   

  	
  Name:

  	
  Matthew J. McInerny

  
	
   

  	
   

  	
  Title:

  	
  Assistant Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Metropolitan Life Insurance Company

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Matthew J. McInerny

  
	
   

  	
   

  	
  Name:

  	
  Matthew J. McInerny

  
	
   

  	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Morgan Stanley Senior Funding, Inc.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Donna M. Souza

  
	
   

  	
   

  	
  Name:

  	
  Donna M. Souza

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  QUALCOMM Global Trading, Inc.

  
	
   

  	
  By: Morgan Stanley Investment Management Inc. as Investment Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Robert Drobny

  
	
   

  	
   

  	
  Name:

  	
  Robert Drobny

  
	
   

  	
   

  	
  Title:

  	
  Executive Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  NAVIGARE FUNDING I CLO LTD

  
	
   

  	
  By: Navigare Partners LLC as its Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Sheryl A. Rothman

  
	
   

  	
   

  	
  Name:

  	
  Sheryl A. Rothman

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Clydesdale CLO 2003 Ltd.

  
	
   

  	
  By: Nomura Corporate Research and Asset Management Inc. as Collateral
  Manager

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Richard W. Stewart

  
	
   

  	
   

  	
  Name:

  	
  Richard W. Stewart

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  

 

 

	
   

  	
  Clydesdale CLO I, Ltd.

  
	
   

  	
  By: Nomura Corporate Research and Asset Management Inc. as Investment
  Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Richard W. Stewart

  
	
   

  	
   

  	
  Name:

  	
  Richard W. Stewart

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  OAK HILL CREDIT PARTNERS II, LIMITED

  
	
   

  	
  By: Oak Hill CLO Management II, LLC as Investment Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott D. Krase

  
	
   

  	
   

  	
  Name:

  	
  Scott D. Krase

  
	
   

  	
   

  	
  Title:

  	
  Authorized Person

  
	
   

  	
   

  
	
   

  	
  OAK HILL CREDIT PARTNERS III, LIMITED

  
	
   

  	
  By: Oak Hill CLO Management III, LLC as Investment Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott D. Krase

  
	
   

  	
   

  	
  Name:

  	
  Scott D. Krase

  
	
   

  	
   

  	
  Title:

  	
  Authorized Person

  
	
   

  	
   

  
	
   

  	
  OAK HILL CREDIT PARTNERS IV, LIMITED

  
	
   

  	
  By: Oak Hill CLO Management IV, LLC as Investment Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott D. Krase

  
	
   

  	
   

  	
  Name:

  	
  Scott D. Krase

  
	
   

  	
   

  	
  Title:

  	
  Authorized Person

  
	
   

  	
   

  
	
   

  	
  SMBC MVI SPC,

  
	
   

  	
  on behalf of and for the account of Segregated Portfolio No. 1

  
	
   

  	
  By: Oak Hill Separate Account Management I, as Investment Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott D. Krase

  
	
   

  	
   

  	
  Name:

  	
  Scott D. Krase

  
	
   

  	
   

  	
  Title:

  	
  Authorized Person

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  SOLEIL-NEPTUNE LIMITED

  
	
   

  	
  By: PPM America, Inc., as Investment Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Chris Kappas

  
	
   

  	
   

  	
  Name:

  	
  Chris Kappas

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  
	
   

  	
  SERVES 2006-1, Ltd.

  
	
   

  	
  By: PPM America, Inc., as Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Chris Kappas

  
	
   

  	
   

  	
  Name:

  	
  Chris Kappas

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  PPM MONARCH BAY FUNDING LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Tara Kenny

  
	
   

  	
   

  	
  Name:

  	
  Tara Kenny

  
	
   

  	
   

  	
  Title:

  	
  Assistant Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  PUTNAM DIVERSIFIED INCOME TRUST

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Beth Mazor

  
	
   

  	
   

  	
  Name:

  	
  Beth Mazor

  
	
   

  	
   

  	
  Title:

  	
  V.P.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  PUTNAM MASTER INTERMEDIATE INCOME TRUST

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Beth Mazor

  
	
   

  	
   

  	
  Name:

  	
  Beth Mazor

  
	
   

  	
   

  	
  Title:

  	
  V.P.

  

 

 

	
   

  	
  PUTNAM PREMIER INCOME TRUST

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Beth Mazor

  
	
   

  	
   

  	
  Name:

  	
  Beth Mazor

  
	
   

  	
   

  	
  Title:

  	
  V.P.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Cent CDO 12 Limited

  
	
   

  	
  By: RiverSource Investments, LLC as Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Yvonne E. Stevens

  
	
   

  	
   

  	
  Name:

  	
  Yvonne E. Stevens

  
	
   

  	
   

  	
  Title:

  	
  Senior Managing Director

  
	
   

  	
   

  
	
   

  	
  RiverSource Strategic Allocation Series Inc.—RiverSource
  Strategic Allocation Fund

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Yvonne E. Stevens

  
	
   

  	
   

  	
  Name:

  	
  Yvonne E. Stevens

  
	
   

  	
   

  	
  Title:

  	
  Senior Managing Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Centurion CDO III, Limited

  
	
   

  	
  By: RiverSource Investments, LLC as Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Yvonne E. Stevens

  
	
   

  	
   

  	
  Name:

  	
  Yvonne E. Stevens

  
	
   

  	
   

  	
  Title:

  	
  Senior Managing Director

  
	
   

  	
   

  
	
   

  	
  Centurion CDO VII, Limited

  
	
   

  	
  By: RiverSource Investments, LLC as Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Yvonne E. Stevens

  
	
   

  	
   

  	
  Name:

  	
  Yvonne E. Stevens

  
	
   

  	
   

  	
  Title:

  	
  Senior Managing Director

  
	
   

  	
   

  
	
   

  	
  Centurion CDO 8, Limited

  
	
   

  	
  By: RiverSource Investments, LLC as Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Yvonne E. Stevens

  
	
   

  	
   

  	
  Name:

  	
  Yvonne E. Stevens

  
	
   

  	
   

  	
  Title:

  	
  Senior Managing Director

  
	
   

  	
   

  
	
   

  	
  Cent CDO 10 Limited

  
	
   

  	
  By: RiverSource Investments, LLC as Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Yvonne E. Stevens

  
	
   

  	
   

  	
  Name:

  	
  Yvonne E. Stevens

  
	
   

  	
   

  	
  Title:

  	
  Senior Managing Director

  
	
   

  	
   

  
	
   

  	
  Cent CDO XI Limited

  
	
   

  	
  By: RiverSource Investments, LLC as Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Yvonne E. Stevens

  
	
   

  	
   

  	
  Name:

  	
  Yvonne E. Stevens

  
	
   

  	
   

  	
  Title:

  	
  Senior Managing Director

  
	
   

  	
   

  
	
   

  	
  Centurion CDO 9, Limited

  
	
   

  	
  By: RiverSource Investments, LLC as Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Yvonne E. Stevens

  
	
   

  	
   

  	
  Name:

  	
  Yvonne E. Stevens

  
	
   

  	
   

  	
  Title:

  	
  Senior Managing Director

  
	
   

  	
   

  
	
   

  	
  Sequils-Centurion V, Ltd.

  
	
   

  	
  By: RiverSource Investments, LLC as Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Yvonne E. Stevens

  
	
   

  	
   

  	
  Name:

  	
  Yvonne E. Stevens

  
	
   

  	
   

  	
  Title:

  	
  Senior Managing Director

  
	
   

  	
   

  
	
   

  	
  Cent CDO 15 Limited

  
	
   

  	
  By: RiverSource Investments, LLC as Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Yvonne E. Stevens

  
	
   

  	
   

  	
  Name:

  	
  Yvonne E. Stevens

  
	
   

  	
   

  	
  Title:

  	
  Senior Managing Director

  
	
   

  	
   

  
	
   

  	
  Cent CDO 14 Limited

  
	
   

  	
  By: RiverSource Investments, LLC as Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Yvonne E. Stevens

  
	
   

  	
   

  	
  Name:

  	
  Yvonne E. Stevens

  
	
   

  	
   

  	
  Title:

  	
  Senior Managing Director

  
	
   

  	
   

  
	
   

  	
  Ameriprise Certificate Company

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Yvonne E. Stevens

  
	
   

  	
   

  	
  Name:

  	
  Yvonne E. Stevens

  
	
   

  	
   

  	
  Title:

  	
  Senior Managing Director

  
	
   

  	
   

  
	
   

  	
  Ameriprise Financial, Inc.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Yvonne E. Stevens

  
	
   

  	
   

  	
  Name:

  	
  Yvonne E. Stevens

  
	
   

  	
   

  	
  Title:

  	
  Senior Managing Director

  

 

 

	
   

  	
  Stanfield Arnage CLO Ltd.

  
	
   

  	
  By: Stanfield Capital Partners, LLC as its Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ David Frey

  
	
   

  	
   

  	
  Name:

  	
  David Frey

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  
	
   

  	
  Stanfield AZURE CLO, Ltd.

  
	
   

  	
  By: Stanfield Capital Partners, LLC as its Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ David Frey

  
	
   

  	
   

  	
  Name:

  	
  David Frey

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  
	
   

  	
  Stanfield Bristol CLO, Ltd.

  
	
   

  	
  By: Stanfield Capital Partners, LLC as its Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ David Frey

  
	
   

  	
   

  	
  Name:

  	
  David Frey

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  
	
   

  	
  Stanfield Carrera CLO, Ltd.

  
	
   

  	
  By: Stanfield Capital Partners, LLC as its Asset Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ David Frey

  
	
   

  	
   

  	
  Name:

  	
  David Frey

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  
	
   

  	
  Stanfield Daytona CLO, Ltd.

  
	
   

  	
  By: Stanfield Capital Partners, LLC as its Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ David Frey

  
	
   

  	
   

  	
  Name:

  	
  David Frey

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  
	
   

  	
  Eagle Loan Trust

  
	
   

  	
  By: Stanfield Capital Partners, LLC as its Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ David Frey

  
	
   

  	
   

  	
  Name:

  	
  David Frey

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  
	
   

  	
  Stanfield Modena CLO, Ltd.

  
	
   

  	
  By: Stanfield Capital Partners, LLC as its Asset Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ David Frey

  
	
   

  	
   

  	
  Name:

  	
  David Frey

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  
	
   

  	
  Stanfield Vantage CLO, Ltd.

  
	
   

  	
  By: Stanfield Capital Partners, LLC as its Asset Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ David Frey

  
	
   

  	
   

  	
  Name:

  	
  David Frey

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  
	
   

  	
  Stanfield Veyron CLO, Ltd.

  
	
   

  	
  By: Stanfield Capital Partners, LLC as its Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ David Frey

  
	
   

  	
   

  	
  Name:

  	
  David Frey

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  
	
   

  	
  XL Re Europe Limited

  
	
   

  	
  By: Stanfield Capital Partners, LLC signed as its Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ David Frey

  
	
   

  	
   

  	
  Name:

  	
  David Frey

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  STERLING FARMS FUNDING, INC.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ L. Murchison Taylor

  
	
   

  	
   

  	
  Name:

  	
  L. Murchison Taylor

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  

 

 

	
   

  	
  Rampart CLO I Ltd.

  
	
   

  	
  By: Stone Tower Debt Advisors LLC, as its Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Michael W. Delpercio

  
	
   

  	
   

  	
  Name:

  	
  Michael W. Delpercio

  
	
   

  	
   

  	
  Title:

  	
  Authorized Signatory

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Galaxy CLO 2003-1, Ltd.

  
	
   

  	
  By: AIG Global Investment Corp., its Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Kristopher Weeger

  
	
   

  	
   

  	
  Name:

  	
  Kristopher Weeger

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  
	
   

  	
  Galaxy III CLO, Ltd.

  
	
   

  	
  By: AIG Global Investment Corp., its Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Kristopher Weeger

  
	
   

  	
   

  	
  Name:

  	
  Kristopher Weeger

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  
	
   

  	
  Galaxy IV CLO, Ltd.

  
	
   

  	
  By: AIG Global Investment Corp., its Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Kristopher Weeger

  
	
   

  	
   

  	
  Name:

  	
  Kristopher Weeger

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  
	
   

  	
  Galaxy V CLO, Ltd.

  
	
   

  	
  By: AIG Global Investment Corp., its Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Kristopher Weeger

  
	
   

  	
   

  	
  Name:

  	
  Kristopher Weeger

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  
	
   

  	
  Galaxy VIII CLO, Ltd.

  
	
   

  	
  By: AIG Global Investment Corp., its Collateral Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Kristopher Weeger

  
	
   

  	
   

  	
  Name:

  	
  Kristopher Weeger

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  
	
   

  	
  SunAmerica Senior Floating Rate Fund, Inc.

  
	
   

  	
  By: AIG Global Investment Corp., Investment Sub-Advisor

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Kristopher Weeger

  
	
   

  	
   

  	
  Name:

  	
  Kristopher Weeger

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  
	
   

  	
  SunAmerica Life Insurance Company

  
	
   

  	
  By: AIG Global Investment Corp., its Investment Advisor

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Kristopher Weeger

  
	
   

  	
   

  	
  Name:

  	
  Kristopher Weeger

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  
	
   

  	
  AIG Bank Loan Fund Ltd.

  
	
   

  	
  By: AIG Global Investment Corp., its Investment Manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Kristopher Weeger

  
	
   

  	
   

  	
  Name:

  	
  Kristopher Weeger

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Wachovia Bank, N.A.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott Suddreth

  
	
   

  	
   

  	
  Name:

  	
  Scott Suddreth

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  

 

 

 

ANNEX XII

 

CERTAIN MERGER RELATED EXPENSES

 

($ in millions)

 

	
   

  	
   

  	
  Q1 2008

  	
   

  	
  Q2 2008

  	
   

  	
  Q3 2008

  	
   

  	
  Q4 2008

  	
   

  
	
  Merger Operating Expenses
  (Cash)

  	
   

  	
  $

  	
  18.9

  	
   

  	
  0

  	
   

  	
  0

  	
   

  	
  0

  	
   

  
	
  Merger Operating Expenses
  (Non-Cash — Supplier Funded)

  	
   

  	
  $

  	
  12.9

  	
   

  	
  0

  	
   

  	
  0

  	
   

  	
  0

  	
   

  
	
  Merger Related CapEx
  (Cash)

  	
   

  	
  $

  	
  13.7

  	
   

  	
  0

  	
   

  	
  0

  	
   

  	
  0

  	
   

  
	
  Merger Related CapEx
  (Non-Cash — Supplier Funded)

  	
   

  	
  $

  	
  12.9

  	
   

  	
  0

  	
   

  	
  0

  	
   

  	
  0

  	
   

  

 

 

 

ANNEX XIII

 

MINIMUM LIQUIDITY REQUIREMENTS

 

	
  Period:

  	
   

  	
  Minimum Liquidity Level

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Q1 2008:

  	
   

  	
  $

  	
  21,000,000

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Q2 2008:

  	
   

  	
  $

  	
  4,000,000

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Q3 2008:

  	
   

  	
  $

  	
  3,000,000

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Q4 2008:

  	
   

  	
  $

  	
  3,000,000Exhibit 10.4

	
  CUSTOMER PROFILE

  	
   

  	
   

  	
  CONTRACT NO.

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  HOME OFFICE LOCATION PSEUDO

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  TO BE COMPLETED BY SUBSCRIBER:

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Subscriber’s Official Name  Orbitz
  Worldwide, LLC

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  D/B/A (Doing Business As)

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Address (Main Office)
  500 W. Madison, 10th Floor

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  City, State, Zip Code Chicago, IL 60661

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Country USA

  	
   

  	
   

  	
   

  	
  Email Address

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Phone Number 312-894-5000

  	
   

  	
   

  	
   

  	
  Fax Number 312-894-4856

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Business Entity:

  	
  o
  Corporation

  	
   

  	
   

  	
  x
  Limited Liability Company

  	
   

  	
  o
  Partnership

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  o
  Sole Proprietorship

  	
   

  	
   

  	
  o
  Other (describe):

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  State of Incorporation or Partnership Formation
  Delaware

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Tax I.D. Number:

  	
  26-0331198

  	
   

  	
   

  	
   

  	
   

  
											

 

	
  BILLING ADDRESS

  	
   

  	
  FINANCIAL ASSISTANCE PAYMENTS ADDRESS

  
	
   

  	
   

  	
   

  
	
  x
  Check here if same address as Main Office above and
       indicate contact name below.

  	
   

  	
  x
  Check here if same address as Main Office above and
       indicate contact name below.

  
	
   

  	
   

  	
   

  
	
  Street Address:

  	
   

  	
  Street Address:

  
	
   

  	
   

  	
   

  
	
  City/State/Zip:

  	
   

  	
  City/State/Zip:

  
	
   

  	
   

  	
   

  
	
  ATTN:

  	
   

  	
  ATTN:

  

 

Please provide Galileo written notice, as specified in

the notices section of the Agreement, of any changes to this information.

 

1

 

SUBSCRIBER
SERVICES AGREEMENT

This Subscriber
Services Agreement (“Agreement”) is
entered into between the individual or entity specified on the Customer Profile
and Galileo International, L.L.C. (“GILLC”), a
Delaware limited liability company, and Galileo Nederland B.V. (“GNBV”), a company incorporated in The Netherlands
(collectively, “Galileo”).

	
  1.

  	
  DEFINITIONS

  
	
   

  	
  A.

  	
   

  	
  “Authorized User” means (i) an employee, agent or
  contractor of Subscriber who needs access to a System to provide
  travel-related services for the primary benefit of Subscriber and not for
  their own benefit or for the benefit of others or (ii) a Client User.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  B.

  	
   

  	
  Intentionally
  Omitted.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  C.

  	
   

  	
  “CCP” has the meaning as set forth in the Custom Terms and
  Conditions Attachment (Galileo Services) – North America attached hereto.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  D.

  	
   

  	
  “Client User”
  means a customer of Subscriber that uses an Orbitz corporate online booking
  tool and whose use of the Services is permitted and governed by this
  Agreement.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  E.

  	
   

  	
  “Content”
  means for a particular Vendor, all services and inventory of the Vendor
  offered through a Travelport GDS, including, without limitation, fares, rates
  and classes of service.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  F.

  	
   

  	
  “Contract Effective Date”
  means the date that this Agreement has been fully executed by the Parties.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  G.

  	
   

  	
  “Contract Year”
  means each consecutive twelve month period, commencing from January 1, 2007.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  H.

  	
   

  	
  “Control”
  means, in relation to a body corporate, the power of a person to secure that
  the affairs of the body corporate are conducted in accordance with the wishes
  of that person by means of the holding of shares, or the possession of voting
  power, in or in relation to that or any other body corporate, or by virtue of
  any powers conferred by the constitutional or corporate documents, or any
  other document, regulating that body corporate.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  I.

  	
   

  	
  “CRS” means
  computerized reservation system, and may also be referred to as a “GDS” in this Agreement.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  J.

  	
   

  	
  “CRS Regulations”
  includes Council Regulation (EEC) No 2299/89 of 24 July 1989 on a code of
  conduct for computerized reservation systems, as amended and in force on the
  date hereof and as subsequently amended from time to time during the Term of
  this Agreement, and any other regulations regarding the general operation of
  CRSs enacted by any other governmental authority during the Term of this
  Agreement.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  K.

  	
   

  	
  “Data
  Protection Laws” means all applicable laws, regulations,
  regulatory requirements and codes of practice in connection with the use,
  processing and disclosure of personal data or personally identifiable
  information.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  L.

  	
   

  	
  “Direct Connect”
  or “Direct Connection” means
  functionality that provides a connectivity pathway between the technology
  platform for any Orbitz Worldwide Agency website and a Vendor’s host system
  for purposes of making travel reservations directly in the Vendor’s host
  system.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  M.

  	
   

  	
  “Documentation”
  means all manuals, operating procedures, instructions, guidelines, policies
  and other written materials, including electronic formats, provided by
  Galileo during the Term of this Agreement.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  N.

  	
   

  	
  “End-to-End Business”
  means TFB’s corporate travel solution that provides “end to end” (booking
  through fulfillment) services.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  O.

  	
   

  	
  “Europe” means
  any country within the European Union (“EU”) together with any non-EU member
  state country that the Parties may agree to include under the terms of this
  Agreement.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Portions
  of this exhibit marked by an (***) have been omitted and filed separately
  with the commission pursuant to a request for confidential treatment pursuant
  to Rule 24b-2.

  
						

 

 

 

 

2

 

 

	
   

  	
  P.

  	
   

  	
  “Galileo Group”
  means Galileo and every company which at the relevant time is a subsidiary,
  parent or holding company of Galileo, a subsidiary of any such parent or
  holding company, or a company over which Galileo or any parent or holding
  company of Galileo has Control, or a subsidiary undertaking  of any such company, and “Galileo
  Group Company” will be construed accordingly; provided, however,
  that Orbitz shall be excepted from and not included in the definition of
  Galileo Group or Galileo Group Company.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Q.

  	
   

  	
  “Galileo Services”
  means those Services provided by a Galileo Group Company or NDC as described
  in the attached Custom Terms and Conditions Attachment (Galileo Services) for
  each of North America, Europe and RoW.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  R.

  	
   

  	
  “Galileo Services
  Effective Date” means January 1, 2007.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  S.

  	
   

  	
  “Improper Segment”
  means any speculative, duplicative or fictitious segment or any other segment
  reasonably deemed by Galileo to be an improper use of the Services,
  including, but not limited to, making bookings on any GDS other than a
  Travelport GDS or on any airline or other reservation system, except as
  expressly permitted under this Agreement. Segments booked for testing
  purposes with Galileo’s prior written consent do not count as Improper
  Segments, unless otherwise stipulated mutually by Galileo and Subscriber;
  provided, however, that Subscriber may continue to test segments on the
  Systems substantially as Subscriber conducts such tests as of the Contract
  Effective Date.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  T.

  	
   

  	
  “Location”
  means the premises or online travel website where Services are provided by
  Galileo.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  U.

  	
   

  	
  “Eligible Segments”
  means those segments not otherwise subject to an exception specified in
  Section 5.C.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  V.

  	
   

  	
  “NDC” means a
  non-Galileo Group entity which has entered into an agreement with a Galileo
  Group Company to provide Galileo Services and/or, upon the Worldspan Closing,
  Worldspan Services, in its designated territory or territories.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  W.

  	
   

  	
  “North America”
  means the United States of America and Canada.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  X.

  	
   

  	
  “Orbitz Domestic
  Agency(ies)” means, collectively, Orbitz,
  LLC, Trip Network, Inc. (“Cheaptickets”),
  Travelport for Business, Inc. (“TFB”),
  Internetwork Publishing Corp. (“Lodging”) and
  Neat Group Corp. (“Neat”) and
  all current and future affiliates, agencies, online travel websites and
  brands of Orbitz located in North America, and “Orbitz Domestic Agency” means
  any one of them.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Y.

  	
   

  	
  “Orbitz International
  Agency” means ebookers Limited, a company registered in England
  and Wales under number 3818962 whose registered address is at 6th
  Floor, 140 Aldersgate Street, London EC1A 4HY (“ebookers”),
  Travelbag Ltd. (“Travelbag”)
  and all current and future affiliates, agencies, online travel websites and
  brands of Orbitz located in Europe and RoW. The Parties agree that Travelbag
  Ltd. will no longer be an Orbitz International Agency upon the consummation
  of its planned sale.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Z.

  	
   

  	
  “Orbitz” or “Orbitz Worldwide Agency(ies)” means Orbitz Worldwide, LLC
  and each of its current affiliates, travel agencies, online travel websites
  and brands and every company which at the relevant time (both currently and
  in the future) is a subsidiary, parent or holding company of Orbitz, a
  subsidiary of any such parent or holding company, or a company over which
  Orbitz or any parent or holding company of Orbitz has Control, or a
  subsidiary undertaking  of any such
  company; provided, however, that the Galileo Group shall be excepted from and
  not included in the definition of Orbitz or Orbitz Worldwide Agency(ies).

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  AA.

  	
   

  	
  “Personal
  Data” means any personal data or personally identifiable
  information relating to identifiable natural persons and may include, amongst
  other things: name, address, telephone number(s), credit card numbers and
  passport information; as the same may be defined under the relevant Data
  Protection Laws.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  BB.

  	
   

  	
  “Principal
  Display” has the same meaning as defined in the CRS Regulations.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  CC.

  	
   

  	
  “Product
  Data” means data which is extracted from a Travelport GDS by the
  Galileo Group Companies, but for the avoidance of doubt, does not contain
  Personal Data.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  DD.

  	
   

  	
  “RoW” means
  the rest of the world outside of North America and Europe (as defined
  herein).

  

 

3

 

 

	
  EE.

  	
  “Segment”
  means a reservation that is made for the services of an air, car, hotel,
  cruise or tour Vendor that participates in a System at the full service level
  and which:

  
	
   

  	
   

  	
   

  
	
   

  	
  ·

  	
  is made by Subscriber, Client Users or Subscriber’s
  end-user customers in the System and is not cancelled;

  
	
   

  	
  ·

  	
  Galileo or any Galileo Group Company received a
  participation fee from the Vendor (“Participation Fee”);

  
	
   

  	
  ·

  	
  is not an Improper Segment;

  
	
   

  	
  ·

  	
  is not a passive air, car, hotel, cruise or tour
  segment;

  
	
   

  	
  ·

  	
  with respect to an air segment, a valid ticket or
  other approved document has been produced in connection with the segment; and

  
	
   

  	
  ·

  	
  with respect to a cruise or tour segment, is not
  made via Galileo CruiseSM.

  
	
   

  	
   

  	
   

  
	
   

  	
  Each Segment made using LeisureShopper will count as
  three Segments (U.S. only). For the avoidance of any doubt, any cruise or
  tour booking made by Subscriber outside of North America using LeisureShopper
  shall not count as a Segment. For air Segments, each separate direct or
  nonstop flight reservation in a passenger name record (“PNR”)
  is multiplied by the number of passengers booked in the PNR for such flight
  to determine total air Segments; provided that if there is a single flight
  number, with a change of planes along the way, then such flight reservation
  shall constitute two Segments. For purposes of this definition, “full service level” means that the Vendor provides
  schedules, availability, booking capability, fares/rates, and if an airline,
  ticketing capability, through the System, and specifically excludes all
  airlines that do not issue tickets (paper or electronic), unless otherwise
  specified in this Agreement. Galileo reserves the right to modify this
  definition upon the introduction of new vendor participant offerings. Solely
  in connection with any air Vendor regarding which the Parties have mutually
  agreed pursuant to Section 5.A(ii) regarding access to the air Vendors’ Content,
  notwithstanding the definition of “full service level,” a segment for such an
  air Vendor shall be deemed a Segment, solely for purposes of counting
  Segments made toward the Domestic Annual Minimum or European Annual Target
  set forth in Sections 5.B.i and 5.B.ii, respectively, if Galileo has received
  a Participation Fee (provided that the segment otherwise meets all of the
  above-specified criteria), but in no event will Galileo pay a Segment
  Incentive pursuant to Section 5.A.i for such segment.

  
	
   

  	
   

  
	
  FF.

  	
  “Service Level”
  means a certain service level that Galileo is required to meet in connection
  with the performance of the Galileo Services and Worldspan Services, as
  further described in Section 19.

  
	
   

  	
   

  
	
  GG.

  	
  “Services”
  means all software (“Software”),
  all hardware or equipment (“Hardware”),
  access to a Travelport GDS, System functionality or features, support, and
  any other services provided by a Galileo Group Company or NDC under this
  Agreement.

  
	
   

  	
   

  
	
  HH.

  	
  “Services Summary”
  means an attachment to this Agreement that lists the Services provided by
  Galileo.

  
	
   

  	
   

  	
   

  
	
  II.

  	
  “Subscriber”
  means Orbitz or the applicable Orbitz Worldwide Agency(ies), as the context
  requires.

  
	
   

  	
   

  	
   

  
	
  JJ.

  	
  “Supplier
  Link” means the communication pathway between Subscriber’s host
  switching layer and the following eight (8) airline host systems: American,
  Continental, Delta, Northwest, US Airways, Alaska, Midwest and United, for
  purposes of negotiating the required protocols for exchanging information
  with these proprietary host systems.

  
	
   

  	
   

  	
   

  
	
  KK.

  	
  “System(s)” means the GDSs used to provide the Travelport
  GDS Services under this Agreement.

  
	
   

  	
   

  	
   

  
	
  LL.

  	
  “Term” means, subject to the terms of the Custom Terms and
  Conditions Attachments (Galileo Services) for North America and Europe, the
  period of time from the Galileo Services Effective Date to December 31, 2014
  for the Galileo Services and the period of time from the Worldspan Services
  Effective Date (as defined in Section 9.A. below) to December 31, 2014 for
  the Worldspan Services.

  
	
   

  	
   

  	
   

  
	
  MM.

  	
  “Transaction” means a message accessing a System that is
  transmitted by Subscriber, Subscriber’s end-user customers or a Client User.

  
	
   

  	
   

  	
   

  

 

 

4

 

 

	
  NN.

  	
  “Transaction Allowance” means the monthly permitted number
  of Transactions per Segment as set forth in Section 4.G.

  
	
   

  	
   

  	
   

  
	
  OO.

  	
  “Travelport GDS” means the system of computer hardware and
  software operated by or for any Galileo Group Company (as updated from time
  to time during the Term of this Agreement), including the GalileoÒ
  and Apollo® CRSs and, upon the Worldspan
  Closing, the Worldspan® CRS, which processes
  data to provide airline, hotel, rental car and other travel-related
  reservations, including airline ticketing services.

  
	
   

  	
   

  	
   

  
	
  PP.

  	
  “Vendor” means a supplier of services, such as an airline,
  car rental company, hotel, tour or cruise operator that sells travel-related
  products and/or services and that participates in the Travelport GDSs and
  “air Vendor” shall be construed accordingly.

  
	
   

  	
   

  	
   

  
	
  QQ.

  	
  “Worldspan Closing” means the closing of a Galileo Group
  Company’s acquisition of Worldspan, L.P. (“Worldspan”) or an affiliate of
  Worldspan, L.P (collectively, “Worldspan”).

  
	
   

  	
   

  	
   

  
	
  RR.

  	
  “Worldspan Services” means those Services provided by a
  Galileo Group Company or NDC as described in the attached Custom Terms and
  Conditions Attachment (Worldspan Services).

  
	
   

  	
   

  	
   

  
	
  SS.

  	
  “Worldspan Services Effective Date” is defined in Section
  9.A. below.

  

 

	
  2.

  	
  PROVISION AND USE OF SERVICES

  
	
   

  	
   

  
	
   

  	
  A.

  	
  Provision of
  Services. GILLC, GNBV and each Orbitz Worldwide Agency shall
  be bound by the terms and conditions of this Agreement. This Agreement has
  been negotiated and agreed by the parties to govern the terms and conditions
  upon which the relevant Galileo Group Company or NDC shall provide the
  Galileo Services and, upon the Worldspan Closing, the Worldspan Services. For
  the avoidance of doubt, the Galileo Services and, upon the Worldspan Closing,
  the Worldspan Services, referred to in this Section 2 are to be provided by
  each of the relevant Galileo Group Companies or NDCs who shall at all times
  remain responsible for the delivery and provision of those services,
  notwithstanding that the liability of Galileo to meet such obligations shall
  at all times remain exclusively with GILLC and GNBV. The applicable Galileo
  Group Company or NDC shall provide each Orbitz Worldwide Agency Content and
  Services pursuant to this Agreement, and such Galileo Group Company or NDC,
  as applicable, shall invoice the particular Orbitz Worldwide Agency for the
  Services provided. At all times Galileo shall maintain an up to date list of
  the Galileo Group Companies and NDCs that may provide services under this
  Agreement and Subscriber shall maintain an up to date list of the Orbitz
  Worldwide Agencies who receive those Services. Subscriber must first, at its
  own expense, do any construction, wiring or other modifications necessary to
  install and connect the Services. At Subscriber’s request and with Galileo’s
  approval, Galileo may provide additional Services, subject to all terms and
  conditions of this Agreement. All licenses for Software terminate upon
  expiration or any termination of this Agreement.

  
	
   

  	
   

  	
   

  
	
   

  	
  B.

  	
  Ownership and
  Use of Services.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  (i)

  	
  Subscriber has
  no ownership, right or title in or to any Services, and may not remove
  identifying marks from the Services or subject the Services to any liens or
  encumbrances. The Software is the proprietary information and trade secret of
  Galileo or its licensors. Subscriber may not copy, reproduce or duplicate the
  Software or Documentation or any portion of them, except to the extent
  reasonably necessary for backup purposes. Subscriber may not modify, alter,
  disassemble, reverse assemble, reverse compile, or reverse engineer the
  Software in whole or in part.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  (ii)

  	
  Subscriber will
  use the Services strictly in accordance with the Documentation and this
  Agreement. Any other use is prohibited, including making Improper Segments.
  Subscriber shall provide to its applicable Galileo Account Manager (as
  defined in Section 17) commercially reasonable prior written notice, but in
  no event less than thirty (30) days prior written notice, of any new use of
  the Services planned by Subscriber not otherwise prohibited by this Agreement
  and that was not in effect or established as of the Contract Effective Date
  regarding Galileo Services and as of the Worldspan Services Effective Date
  regarding Worldspan Services. Any such new use of any of the Services must be
  mutually agreed by the Parties prior to Subscriber commencing to use the
  Services for such purpose. For the period commencing on the Worldspan
  Services Effective Date until the Parties agree upon a Transaction Allowance
  and Transaction Fees for the Worldspan Services pursuant to Section 4.G (or a
  binding decision regarding a

  

 

 

5

 

 

	
   

  	
   

  	
  Transaction
  Allowance and Transaction Fees pursuant to Section 13), Subscriber shall not
  use the Worldspan Services to support Direct Connect segments in any manner
  other than those uses that are in place as of the Worldspan Services Effective
  Date and that do not otherwise violate any provision of this Agreement.
  Without limiting the preceding sentence, for the period commencing on the
  Worldspan Services Effective Date until the Parties agree on a Transaction
  Allowance and Transaction Fees for the Worldspan Services (or such
  Transaction Allowance and Transaction Fees are determined by arbitration
  pursuant to Section 13), except as permitted by the (***) Subscriber shall
  not send DIR INVQ Messages (as defined below) to the System used to provide
  the Worldspan Services for the purpose of obtaining seat availability
  information for interline itineraries containing one or more segments where
  such segment(s) is on a flight operated by a Supplier Link carrier. For
  purposes of this Section 2.B, the term “DIR INVQ Message”
  means a request and/or the associated response for availability on one or
  more flights of certain air Vendors participating in the Worldspan CRS.

  
	
   

  	
   

  	
   

  
	
   

  	
  (iii)

  	
  Subscriber shall
  permit only Authorized Users to access the System(s) and they shall not
  disclose or make the Services, including System displays, available to any
  other third party. Subscriber will be responsible for the actions or
  inactions of its Authorized Users under the terms of this Agreement.
  Notwithstanding anything to the contrary, Subscriber may subcontract the use
  of the Services to third parties acting on behalf of Subscriber, but may not
  sublicense the Services to any third parties for their own use; provided that
  such third parties comply with the terms of this Agreement and are not
  competitors of Galileo’s GDS services; and provided further that Subscriber
  agrees it will not provide access to any Availability Data (as defined below)
  from either the Galileo Services or Worldspan Services to any third party,
  including but not limited to ITA. Such permitted third party contractors
  shall be deemed Authorized Users. Subscriber shall provide Galileo in
  writing: (i) a list of any such sublicensees as of the Contract Effective
  Date and Worldspan Services Effective Date, as applicable, including the
  address(es) where the Services will be utilized by the sublicensees; and (ii)
  at least thirty (30) days prior notice of any changes to the list during the
  Term of this Agreement. Subscriber may use the Services herein to provide services
  to private label or white label websites operated or controlled by an Orbitz
  Worldwide Agency, subject to the terms and conditions of this Agreement. For
  purposes of this Section 2.B, “Availability Data”
  means airlines’ availability data delivered in response to any direct,
  real-time, “seamless” queries for availability information on airlines
  against airlines’ inventory/reservation systems; standard airline
  availability status messages (AVS); numeric AVS messages (NAVS); or airline
  availability information in the form of Travelport GDS responses to
  availability requests from customers of the Travelport GDSs other than
  Subscriber (AVL).

  
	
   

  	
   

  	
   

  
	
   

  	
  (iv)

  	
  Segments of
  another Galileo customer may not be included under this Agreement without
  Galileo’s prior written consent, which consent shall not be unreasonably
  withheld. Each Party will cooperate with the other Party, and will cause each
  third party under its control or direction to cooperate with the other Party,
  in the performance of the other Party’s obligations under this Agreement by,
  among other things, making available such information, data, access to
  premises, management decisions and approvals as may be reasonably requested
  by the other Party.

  
	
   

  	
   

  	
   

  
	
   

  	
  C.

  	
   

  	
  Updates. Galileo may enhance,
  discontinue, modify or replace (collectively, “Update”)
  the Services at any time, which shall not materially adversely impair the
  overall functions of the Systems. Except as otherwise expressly provided in
  this Agreement, Galileo does not promise to provide any information of any
  vendors. With respect to any Update that could materially affect Subscriber’s
  access to a System or use of the Services, Galileo shall use commercially
  reasonable efforts to provide Subscriber written notice of such update at
  least sixty (60) days prior to the deployment of such Update to its
  subscriber base. Subscriber’s use of an Update constitutes its agreement to
  Galileo’s terms and conditions pertaining to such use, or as otherwise
  mutually agreed. The Parties acknowledge and agree that terms and conditions
  pertaining to an Update are not intended to materially modify the overall
  terms and conditions of this Agreement. Subscriber acknowledges that during
  the Term of this Agreement the functionality of selling cruises and tours via
  LeisureShopper may be replaced with a new Galileo cruise and tour product.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  D.

  	
   

  	
  Third Party Products. Galileo has
  no liability whatsoever with respect to any product that is not provided by
  Galileo and is used by Subscriber in conjunction with the Services (“Third Party Product”). For purposes of the previous
  sentence, “product” does not include Vendor Content. Subscriber shall
  indemnify and hold harmless Galileo for all liabilities, costs and expenses
  actually incurred by Galileo resulting from or related to a Third Party
  Product. If

  
	
   

  	
   

  	
   

  	
   

  

 

 

6

 

 

	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Subscriber’s use of a Third Party Product adversely
  affects the use of the System by other customers of Galileo, then Galileo may
  require that Subscriber immediately discontinue its use of such Third Party
  Product until Subscriber can demonstrate that it has resolved the adverse
  effect to Galileo’s reasonable satisfaction. Galileo acknowledges that, as of
  the Contract Effective Date, ITA’s fare shopping solution does not adversely
  affect the use of the Systems.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  E.

  	
   

  	
  Hardware. Galileo (through the
  applicable Galileo Group Company or NDC) shall provide the Hardware and
  telecommunications lines listed in the attached Custom Terms and Conditions
  Attachments and/or Services Summaries in connection with Galileo Services
  and, if the Worldspan Closing occurs, the telecommunications lines provided
  under the Orbitz – Worldspan Agreement (as defined in the Custom Terms and
  Conditions Attachment (Worldspan Services) as of the Worldspan Services
  Effective Date. The costs to Subscriber for the provision of all such
  Hardware and telecommunications services during the Term of this Agreement
  shall remain substantially similar to the total of such costs in effect as of
  the Contract Effective Date for the Galileo Services, and as of the Worldspan
  Services Effective Date for the Worldspan Services. For the avoidance of any
  doubt, during the Term of this Agreement, Subscriber shall reimburse Galileo
  in the same way as it reimburses Worldspan under the Orbitz – Worldspan
  Agreement for any and all telecommunication costs incurred by a Galileo Group
  Company or NDC in connection with the provision of Worldspan Services,
  including, but not limited to, telecommunications costs incurred in connection
  with Subscriber’s fulfillment and customer service providers and any other
  entity or Location being provided telecommunications services by a Galileo
  Group Company or NDC for or on behalf of Subscriber. To the extent that
  Subscriber reasonably needs additional telecommunications lines in connection
  with either Galileo or Worldspan Services due to the growth in volume of
  Segments going through the Travelport GDSs during the Term, Galileo will pay
  the reasonable costs for the provision of such necessary telecommunications
  lines. Subscriber agrees to accept full responsibility for loss of or damage
  to the Hardware and, if lost or damaged, Subscriber must pay to Galileo the
  reasonable actual replacement cost. Subscriber shall be responsible for all
  necessary repair and maintenance to the Hardware after installation at the
  applicable Location(s), except to the extent any such repair or maintenance
  is proximately caused by the negligence or willful misconduct of Galileo.
  Subscriber may not install third-party devices within the Hardware.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  F.

  	
   

  	
  Fare Shopping Tools.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  (i)

  	
  Except as provided in Section 2.F(ii) below or as
  permitted by the (***), Subscriber will not use any Galileo fare shopping
  tool or other Galileo faring tool without Galileo’s prior written consent and
  only upon mutually agreed terms. Until December 31, 2007, Subscriber will be
  responsible for the Orbitz Worldwide Agencies’ Per-PNR Online License Fees
  under the Software License Agreement, dated as of October 3, 2002, between
  ITA Software, Inc. (“ITA”)  and GILLC, as subsequently amended.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  (ii)

  	
  (***)

  

 

 

7

 

 

	
   

  	
   

  	
   

  	
   

  	
  (***)

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  G.

  	
   

  	
  Movement of Segments. Subscriber
  shall not move Segments or Transactions between the Travelport GDSs without
  the prior written consent of Galileo, such consent not to be unreasonably
  withheld. If Subscriber desires to move U.S. points-of-sale air Segments from
  the Apollo CRS to the Worldspan CRS, Galileo’s consent thereto shall be
  subject to Subscriber agreeing to a Segment Incentive rate and other related
  terms such that Galileo’s Contribution Margin per Segment for such migrated
  air Segments shall be no less than Galileo’s Contribution Margin per Segment
  would have been if the air Segments had been made through the Galileo
  Services. For purposes of this Section 2.G, the term “Contribution
  Margin per Segment” means for any given period total gross
  Participation Fees received by Galileo from all air Vendors for U.S.
  points-of-sale air Segments made by Subscriber during the period, net of the
  total of all Segment Incentive payments made by Galileo to Subscriber and the
  total Program Fees or other Content access fees paid by Subscriber to Galileo
  for such air Segments during the period, divided by the total number of U.S.
  points-of-sale air Segments made by Subscriber during the period. Subscriber
  acknowledges and agrees that any such U.S. points-of-sale air Segments moved
  or migrated from the Apollo CRS to the Worldspan CRS shall not become subject
  to the terms of the Supplier Link Agreements or treated as eligible segments
  to be made through the Supplier Link vendors under those agreements.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  H.

  	
   

  	
  Third Party Software Licenses. Certain Software may be provided pursuant
  to a license agreement between Galileo (or a Galileo Group Company) and a
  third party licensor (each a “Third Party Licensor”).
  The Third Party Licensor may require Galileo to agree and comply with terms
  and conditions that may not already be reflected in this Agreement. While
  Galileo (or other Galileo Group Companies, as applicable) will always use its
  commercially

  
	
   

  	
   

  	
   

  	
   

  

 

 

8

 

 

	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  reasonable efforts to
  negotiate terms with its Third Party Licensors which are consistent in all
  material respects with those already contained in this Agreement, it may from
  time to time be necessary for Galileo to pass on such additional terms and
  conditions to its customers. In such event Galileo may require that
  Subscriber agree to terms and conditions of use in addition to those set out
  herein before Subscriber and the applicable Orbitz Worldwide Agencies are
  permitted access to such Software, such consent not to be unreasonably
  withheld.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  I.

  	
   

  	
  Capacity Planning. Subscriber shall provide commercially
  reasonable prior written notice to its applicable Galileo Account Manager of
  any event that may have an impact on the Transaction Allowance(s) or number
  of Transactions accessing the Travelport GDSs, including, but not limited to,
  new code or changes to existing code launched by Subscriber, Subscriber’s
  entrance into new markets, or Subscriber’s advertising/marketing campaigns.
  Notwithstanding the preceding, within ninety (90) days of the Worldspan
  Closing date, the Parties shall mutually agree on a process and procedures
  regarding capacity planning that are to be in place for the remaining Term of
  the Agreement. Both Parties agree to work together to help ensure that
  Subscriber’s code operates with the Travelport GDSs in the most efficient way
  possible. The Parties acknowledge and agree that this Section 2.I is
  not intended to materially modify the manner in which Subscriber connects to
  and receives the Travelport GDS Services as of the Contract Effective Date.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  J.

  	
   

  	
  Orbitz Booking Engines. With respect to the booking engine(s) and
  any other component of, or used by, Subscriber’s websites that directly
  interface with a Travelport GDS, Subscriber will use reasonable business
  efforts to ensure that (i) the component’s interface to the Travelport GDSs
  results in a reasonably efficient use of the Systems, as periodically
  confirmed by Galileo’s audit, (ii) any software included in the component
  meets commercially reasonable standards for stability, acceptability,
  documentation and integrity and has been sufficiently stress tested to ensure
  that it will meet anticipated volume requirements, and (iii) any hardware
  used by the component meets Galileo’s reasonable requirements for
  compatibility. The Parties acknowledge and agree that this Section 2.J
  is not intended to materially modify the manner in which Subscriber connects
  to and receives the Travelport GDS Services as of the Contract Effective Date.

  
	
   

  	
   

  	
   

  	
   

  
	
  3.

  	
  PRODUCT-SPECIFIC PROVISIONS

  
	
   

  	
   

  	
   

  	
   

  
	
  The following provisions shall apply when Subscriber
  elects to license the product specified or operate in the manner specified.

  
	
   

  
	
   

  	
  A.

  	
   

  	
  If Subscriber elects to
  access the Travelport GDSs via its own Internet communications method such as
  DSL, dial-up phone line, ISDN or cable access (“User
  Access”), Subscriber shall be responsible for obtaining,
  installing, supporting, and maintaining all components of the User Access and
  for paying all charges of the relevant communications providers. In order to
  minimize unauthorized access to the Travelport GDSs and the data contained
  therein, Galileo recommends that Subscriber establish a firewall. Galileo
  shall have no responsibility whatsoever with respect to the User Access,
  including, but not limited to, the performance or reliability of the User
  Access.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  B.

  	
   

  	
  If Subscriber elects to
  install and use its own local area network operating environment (“LAN”) to access the Travelport GDSs: (a) Subscriber may
  copy the applicable Software for its internal use only, subject to Section
  2.B above; (b) the number of Subscriber’s users who may concurrently access
  the Travelport GDSs at a Location shall be equal to the number of global
  terminal identifiers (“GTIDs”) licensed by Subscriber from Galileo for that
  Location; and (c) Subscriber shall be responsible for obtaining,
  implementing, installing, supporting, and maintaining the LAN, the LAN
  operating system, the workstation operating system, and all hardware and
  other software required to utilize the Travelport GDSs, but which is not
  provided by a Galileo Group Company or an NDC, and for all expenses related
  thereto. Galileo will continue to provide Subscriber with GTIDSs reasonably
  required to support access to the Services at no additional charge. Galileo
  will not unreasonably withhold any additional GTIDs requested by Subscriber
  where the request is to support a reasonable business purpose of Subscriber,
  such as disaster recovery.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  C.

  	
   

  	
  Galileo will license to
  Subscriber Selective Access and, if desired, Global Access, whereby
  Subscriber or an Orbitz Worldwide Agency may authorize another Galileo subscriber
  to access the client records entered into the Travelport GDSs by them;
  provided, however, Galileo shall have no responsibility or liability
  whatsoever with respect to such authorization or access.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  D.

  	
   

  	
  If Subscriber elects to allow its Authorized Users to access the
  Travelport GDSs from a remote location (“Remote Users”) via User Access, then
  in addition to the terms set forth in Section 3.A above, the following shall
  apply:

  
	
   

  	
   

  	
   

  	
   

  
					

 

 

9

 

 

	
   

  	
   

  	
  (i)

  	
  Subscriber must ensure that each Remote User secures
  the appropriate hardware and software necessary to access the Travelport GDS
  in accordance with the relevant Documentation;

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  (ii)

  	
  unless otherwise agreed in writing with Galileo,
  Subscriber shall be responsible for: (i) installing the applicable Software;
  (ii) training each of its Remote Users; (iii) ensuring that all Remote Users
  have adequate expertise in all areas of the Travelport GDSs; and (iv)
  obtaining, installing and configuring its selected browsing and e-mail
  packages;

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  (iii)

  	
  Galileo will not provide Remote Users with any
  training or support; and

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  (iv)

  	
  Galileo reserves the right to discontinue Remote
  Users’ access to the Travelport GDSs upon 30 days’ prior written notice to Subscriber
  if Subscriber fails to meet any of the obligations under this Section 3.D.

  

 

	
   

  	
   

  	
   

  	
   

  
	
  4.

  	
  CHARGES/PAYMENTS

  
	
   

  	
   

  
	
   

  	
  A.

  	
   

  	
  Subscriber shall pay all undisputed invoices within
  30 days of receipt of invoice or reconciliation statement. The charges
  payable under this Agreement are set forth within this Section 4 or on the
  attachments hereto. All charges for Services are subject to change upon 30
  days prior written notice to Subscriber; provided that Galileo may not charge
  for Services that are expressly waived under this Agreement. However, any
  increases of existing charges for Services will not exceed 10% per calendar
  year. Galileo will provide to Subscriber at no additional charge Help Desk
  services that are provided to Subscriber as of the Contract Effective Date
  regarding Galileo Services and as of the Worldspan Services Effective Date
  regarding Worldspan Services at the level that is standard for Galileo’s
  subscriber base from time to time in each country. For the avoidance of any
  doubt, except to the extent otherwise mutually agreed, Galileo will not be
  responsible for providing any Help Desk support with respect to any hardware,
  software, product or service that is not provided by Galileo under this
  Agreement. Subscriber will reimburse Galileo for (i) all taxes (excluding
  taxes measured by Galileo’s net income) and other governmental assessments
  incurred in the provision of Services by Galileo, and (ii) any costs incurred
  by Galileo to collect amounts due under this Agreement. Past due balances
  will accrue interest at the rate of 11⁄2% per month compounded or the maximum
  rate permitted by law, whichever is less.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  B.

  	
  Either Party
  will pay any taxes, duty, levy or impost to be withheld or deducted in
  respect of any amount due to 

  
	
   

  	
   

  	
   

  	
  the other Party
  to the extent where it is required to perform such a withholding or deduction
  under applicable tax law.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  C.

  	
   

  	
  If either Party
  is required by law to make any tax deduction or withholding in relation to
  any payment under this Agreement, it shall:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  (i)

  	
  take all commercially
  reasonable measures that may be necessary to enable or assist the Party to
  whom the payment is due to claim exemption from the deduction or withholding
  or, if that is not possible, a credit for it under any applicable double
  taxation or similar agreement from time to time in force; and

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  (ii)

  	
  from time to time give,
  upon request, the Party to whom the payment is due, proper evidence as to the
  deduction or withholding and payment over of the tax deducted or withheld.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  D.

  	
   

  	
  If the Party making the payment has failed to fulfill its obligations
  under Section 4.C above, it shall increase the amount of its payment to the
  beneficiary by such an amount as to enable the beneficiary to receive the
  sums it would have received had no such deduction or withholding been
  required.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  E.

  	
   

  	
  All dollar amounts expressed herein are stated in United States
  Dollars, unless otherwise noted. Unless otherwise mutually agreed, all
  payments under this Agreement shall be made in United States Dollars. For the
  avoidance of any doubt, the Parties acknowledge and agree that regarding all
  payments made by Galileo to Subscriber under this Agreement, those with
  respect to business in North America shall be paid by GILLC and those with
  respect to business in Europe and RoW shall be paid by GNBV.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  F.

  	
   

  	
  The Parties agree that in the ordinary course of business, any
  undisputed charges owed by Subscriber to Galileo will be netted off against
  any amounts owed by Galileo to Subscriber under this Agreement. For the
  avoidance of any doubt, the right of offset referred to in this Section 4.F
  is just in connection with payments; it does not affect each Party’s
  obligation to issue invoices for the amounts being offset.

  
	
   

  	
   

  	
   

  	
   

  
						

 

 

10

 

	
   

  	
   

  	
   

  	
   

  
	
   

  	
  G.

  	
   

  	
  Within 90 days
  of the Contract Effective Date for the Galileo Services, and within 90 days
  of the Worldspan Services Effective Date for the Worldspan Services, the
  Parties agree to negotiate and mutually agree to an acceptable monthly
  Transaction Allowance and Transaction Fee (as defined below) for the
  respective Travelport GDSs. Subscriber acknowledges that by exceeding the
  Transaction Allowance, this results in a legitimate cost to Galileo, and
  agrees to pay to Galileo a fair and commercially reasonable fee for each
  Transaction made in excess of the Transaction Allowance (“Transaction Fee”). In establishing the Transaction Fee,
  the Parties shall consider, among other factors, (i) any similar fee Galileo
  charges to other online travel agencies having similar Segment volume
  production, (ii) industry averages for look to book ratios for online travel
  agencies having similar Segment volume productions, (iii) the capacity of
  Galileo’s hardware to handle the excessive Transactions; and (iv) the cost to
  Galileo of handling the excessive Transactions, and the Parties shall
  establish (y) a Transaction Allowance for the Galileo Services for each
  region where Galileo Services are then-currently provided (i.e., North
  America, Europe and/ or RoW) that is substantially similar to the average
  monthly number of Transactions per Segment for each region for the 6 months
  prior to the Contract Effective Date, and (z) a Transaction Allowance for the
  Worldspan Services for each region where Worldspan Services are
  then-currently provided that is substantially similar to the average monthly
  number of Transactions per segment (as defined in the Orbitz – Worldspan
  Agreement) for the Worldspan CRS for each region for the 6 months prior to
  the Worldspan Services Effective Date. If the Parties are unable to agree on
  a Transaction Allowance and an amount for the Transaction Fee, then the
  decision regarding such terms shall be resolved by arbitration pursuant to
  Section 13. The Parties agree to negotiate and mutually agree on a monthly
  Transaction Allowance and Transaction Fee for each of the Galileo and
  Worldspan Services within 90 days of Galileo’s commencement of providing
  Galileo or Worldspan Services in a region for which such an allowance and fee
  was not previously established as set forth above in this Section 4.G.

  
	
   

  	
   

  	
   

  	
   

  
	
  5.

  	
  SEGMENT INCENTIVES/COMMITMENTS

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  A.

  	
  Galileo agrees to pay Subscriber Segment Incentive
  payments as specified below:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  (i)

  	
  For each Segment made by the Orbitz Worldwide
  Agencies during the Term of this Agreement Galileo shall provide to
  Subscriber a Segment Incentive in an amount and pursuant to the terms and
  conditions set forth in this Section 5, the Custom Terms and Conditions
  Attachments attached hereto, or as provided in Section 2.G above.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  (ii)

  	
  If during the Term a new air Vendor commences
  participation in the Travelport GDSs at less than the full service level, or
  an existing full service air Vendor changes its participation level in the
  Travelport GDSs to below the full service level, the Parties shall mutually
  agree on the applicable Segment Incentive payment and other related terms for
  access to the air Vendor’s Content if the following terms and conditions
  apply: (a) for an air Vendor that changes its participation from full service
  level to below full service level, the total Segments made by Subscriber for
  such air Vendor during the twelve months immediately preceding such air
  Vendor’s participation level change must represent more than (***) percent
  (***%) of Subscriber’s total segments made during the same time period, or
  (b) for an air Vendor that commences participation in the Travelport GDSs at
  less than full service level, (***) percent (***%) of such air Vendor’s total
  passengers boarded (as identified through public industry sources) for that
  air Vendor’s primary geographic region during the twelve months immediately
  preceding the air Vendor’s participation commencement date must represent
  more than (***) percent (***%) of Subscriber’s total segments made in the applicable
  geographic region during the same time period. If the Parties are unable to
  agree on the applicable Segment Incentive payments and other related terms,
  then the decision regarding such Segment Incentive payments and other related
  terms shall be resolved by arbitration pursuant to Section 13. For the
  avoidance of any doubt, if the above terms and conditions are not met with
  respect to an air Vendor commencing participation in the Travelport GDSs at
  less than full service level or a full service air Vendor changing its
  participation level in the Travelport GDSs to below full service level, then
  the Segment Incentive and other related terms that will apply to Subscriber
  for access to such air Vendor’s Content shall be the Segment Incentive rate
  and other related terms that apply to Galileo’s subscriber base for that air
  Vendor, unless otherwise mutually agreed.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  B.

  	
   

  	
  Subject to the exceptions specified in Section 5.C
  below, Subscriber agrees to use the Travelport GDSs as specified below:

  
	
   

  	
   

  	
   

  	
   

  
					

 

 

11

 

 

	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  (i)

  	
  North America.
  Each Orbitz Domestic Agency shall use a Travelport GDS exclusively to make
  all of its air and car segments. If an Orbitz Domestic Agency elects to use a
  GDS for hotel segments, it shall use a Travelport GDS exclusively, subject to
  the exceptions specified in Section 5.C below. For purposes of this Section
  5(B)(i), the term “GDS” shall mean the Apollo, Galileo, Worldspan, Sabre,
  Amadeus, Abacas, Axess, Infini, Topas and TravelSky systems and any successor
  systems thereof. If the Worldspan Closing occurs on or before December 31,
  2007, during the 2007 Contract Year Subscriber agrees to make a minimum of
  either (a) (***) Segments or (b) the total number of Segments made by the
  Orbitz Domestic Agencies through the Travelport GDSs during the 2007 Contract
  Year (including all segments made by Orbitz, LLC through the Worldspan CRS
  during 2007 prior to the Worldspan Closing date), whichever is greater (“Domestic Annual Minimum”). Of the Domestic Annual Minimum,
  (***) Segments shall be made by Orbitz, LLC through the Worldspan Services
  (the “Domestic Worldspan Services Minimum”),
  and the remainder of the Segments shall be made by the Orbitz Domestic
  Agencies using Galileo Services, adjusted at the beginning of each subsequent
  Contract Year as set forth below (the “Domestic Galileo
  Services Minimum”). Segments above 16,000,000 in a Contract Year
  booked by Orbitz, LLC on the Worldspan Services shall be credited toward
  satisfying Subscriber’s Domestic Galileo Services Minimum. The Domestic
  Galileo Services Minimum shall be adjusted (up or down, as applicable) at the
  beginning of the 2008 and each subsequent Contract Year by the difference
  between the Domestic Galileo Services Minimum in effect for the prior
  Contract Year and the total number of Segments made by the Orbitz Domestic
  Agencies using Galileo Services during the prior Contract Year. In the event
  that the Worldspan Closing does not occur, then the Domestic Annual Minimum
  shall be either (a) (***) Segments or (b) the total number of Segments made
  by the Orbitz Domestic Agencies through the Galileo Services during the 2007
  calendar year, whichever is greater, and adjusted as specified in the
  preceding sentence at the beginning of the 2008 and each subsequent Contract
  Year. For the avoidance of any doubt, the Parties acknowledge and agree that
  any such adjustments to the Domestic Galileo Services Minimum shall only be
  made when there has been an increase or decrease in the total volume of Segments
  made through the Galileo Services by Subscriber’s customers. In no event
  shall any such adjustments be made to the Domestic Galileo Services Minimum
  where the change results from the movement or migration of Segments between
  the Travelport GDSs. Further, for the avoidance of any doubt, for purposes of
  calculating any adjustment to the Domestic Galileo Services Minimum and any
  Shortfall Fees due under the Custom Terms and Conditions Attachment (Galileo
  Services) for North America, any Segments made through the Cheaptickets
  website will be treated as Segments made via the Galileo Services, regardless
  of whether those Segments were migrated to the Worldspan Services. Subscriber
  acknowledges and agrees that the Domestic Annual Minimum shall apply regardless
  of whether one of the exceptions specified in Section 5.C below applies.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  (ii)

  	
  Europe.
  Subscriber’s Orbitz International Agencies currently use Galileo Services for
  websites in the following countries: United Kingdom, Ireland, Spain, Belgium
  and the Netherlands (“Orbitz International Galileo Agencies”). Subject to
  Sections 5.D and 5.E below, during the Term of this Agreement, Subscriber
  shall cause the Orbitz International Galileo Agencies to use the Travelport
  GDSs exclusively for those segments made by them through GDSs in Europe (“European Annual Target”). Notwithstanding the previous
  sentence, until the Parties’ agreement on a Service Level Agreement pursuant
  to Section 19 (or issuance of a binding decision concerning a Service Level
  Agreement pursuant to Section 13), the Orbitz International Galileo Agencies
  may use a non-Travelport GDS solely, and only to the extent necessary, to
  “fail over” segments if the Travelport GDSs are unavailable to book segments
  (excluding scheduled outages) and only during the continuation of any such
  System downtime or unavailability. For any countries in Europe where
  Subscriber does not operate or have a website as of the Contract Effective
  Date, to the extent that Subscriber commences operations or establishes a website
  in such a country (a “New European Country”)
  during the Term, Subscriber will cause 100% of the segments made in such New
  European Country to be made through a Travelport GDS, unless Subscriber can
  reasonably demonstrate a material commercial harm or potential material
  commercial harm that it cannot do so. The Parties agree to use good faith,
  commercially reasonable efforts to work together to make and maintain the
  Galileo Services in Europe competitive with other non-Travelport GDSs. For
  countries in Europe where as of the Contract Effective Date Subscriber only
  uses a non-Travelport GDS, the Parties agree that they will use good faith,
  commercially reasonable efforts to work together to resolve all mutually
  identified material deficiencies in the Travelport GDSs. Subscriber agrees
  that it will migrate all segments made in such countries through a GDS to a
  Travelport GDS as soon as reasonably practicable as Galileo resolves such
  deficiencies. On a quarterly basis, Subscriber will provide to Galileo a report
  certified by an officer of Subscriber stating the

  
	
   

  	
   

  	
   

  	
   

  

 

 

12

 

 

	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  total number of
  segments made by Subscriber in Europe during the quarter, broken down by
  total Direct Connect segments, Galileo Segments, and segments made through
  any other GDS or other source.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  (iii)

  	
  RoW.
  Subscriber agrees that the Orbitz International Agencies located in RoW shall
  use the Travelport GDSs exclusively for GDS services in such region to the
  extent that Galileo can provide such services on terms and conditions
  commercially reasonable for the applicable region or country. In the event
  Galileo and Subscriber cannot agree on commercially reasonable terms for such
  services and an Orbitz International Agency desires to use a non-Travelport
  GDS, then Galileo shall have the right of first refusal to provide such
  Orbitz International Agency(ies) GDS services on substantially similar terms
  and conditions as those offered by the non-Travelport GDS.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  C.

  	
   

  	
  Subscriber’s obligations
  to use the Travelport GDSs as specified above in Section 5.B shall be subject
  to the following exceptions:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  (i)

  	
  its obligations
  existing as of the Contract Effective Date, including, but not limited to,
  its obligations under its Supplier Link Agreements and the Orbitz – Worldspan
  Agreement, for so long as it exists; provided that all such existing
  obligations are not expanded or renewed, unless the other party to any such
  agreements has a unilateral right to renew the particular agreement, and in
  instances where existing obligations continue indefinitely, such existing
  obligations are terminated as soon as commercially practicable;

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  (ii)

  	
  where the
  Travelport GDSs do not have material Content, but subject to the terms of
  Sections 6.C and 18; and

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  (iii)

  	
  where, with
  respect to a specific Vendor, a material economic difference in the net
  compensation per segment to be received by Subscriber exists between a
  Travelport GDS and establishing a Direct Connection to the Vendor; provided,
  however, in each such instance the Parties shall first negotiate in good
  faith an economic apportionment that is fair and commercially reasonable for
  both parties, and provided further, if the Parties are unable to agree on
  such an apportionment, then the decision regarding such apportionment shall
  be resolved by arbitration pursuant to Section 13.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  In each instance where at least one of the
  above-specified exceptions applies, then Subscriber may use the Direct
  Connection with the particular Vendor, provided that Subscriber has not
  initiated the discussions with the Vendor (except as otherwise agreed with
  Galileo) and Galileo will have the right of first refusal to provide
  Subscriber with GDS services on substantially similar terms and conditions as
  offered by the particular Vendor for the Direct Connection. In instances
  where Subscriber has established a Direct Connection with a vendor because
  the Travelport GDSs did not have material Content and Galileo subsequently
  obtains such material Content, then Subscriber agrees to use commercially
  reasonable efforts, subject to existing contractual commitments, to make
  the bookings for such Content in the Travelport GDSs. Additionally,
  when negotiating with vendors for any such Direct Connections Subscriber agrees
  to use commercially reasonable efforts to maintain flexibility when
  negotiating the term of the Direct Connect agreement and any segment volume
  commitment to redirect segments for the Content to Galileo during the Term of
  this Agreement. For the avoidance of any doubt, Subscriber agrees that it
  will not directly or indirectly access a Travelport GDS in connection with
  any segments made via Direct Connections without payment to Galileo of
  applicable Transaction Fees pursuant to Section 4.G. Further, the parties agree that Subscriber’s use of
  a Travelport GDS for a non-Direct Connect Vendor that is displayed in the
  same matrix display as a Direct Connect Vendor accessing a Travelport GDS
  (provided that Subscriber pays the applicable Transaction Fee for the Direct
  Connect Vendor accessing a Travelport GDS) will not result in the imposition
  of a Transaction Fee to Subscriber for the non-Direct Connect Vendor merely
  because the non-Direct Connect Vendor is displayed in the same matrix display
  as the Direct Connect Vendor. The previous sentence is not intended to modify
  any Transaction Fees otherwise applicable to the non-Direct Connect Vendor by
  reason of such non-Direct Connect Vendor’s accessing a Travelport GDS

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  D.

  	
  Subscriber agrees that if, during the term of this
  Agreement, Subscriber acquires another entity or another online travel
  website, Subscriber will use commercially reasonable efforts to migrate all
  of the acquired company’s or acquired online travel website’s segments to a
  Travelport GDS consistent with Section 5.B hereof, subject to the acquired
  entity’s or acquired online travel website’s existing exclusivity or minimum
  segment obligations.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  E.

  	
  Subscriber agrees that if, during the term of this
  Agreement, Subscriber sells, transfers or otherwise divests an Orbitz entity
  or Orbitz Worldwide Agency(ies) (each a “Divested Entity”)
  or online travel website (“Divested

  
	
   

  	
   

  	
   

  	
   

  
					

 

 

13

 

 

	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Website”), Subscriber will
  cause the Divested Entity or Divested Website to enter into an agreement with
  Galileo on the same date such entity, agency or website is divested, with the
  terms and conditions of that agreement to replicate the provisions of this
  Agreement (including, without limitation, all economic provisions) for the
  Divested Entity and/or Divested Website. If part of Subscriber’s Domestic
  Annual Minimum or European Annual Target has been allocated to an Orbitz
  entity or an Orbitz Worldwide Agency(ies) or online travel website that will
  be sold, transferred or otherwise divested, the Domestic Annual Minimum or
  European Annual Target, as applicable, will be reduced accordingly once such
  Orbitz entity, Orbitz Worldwide Agency(ies) or online travel website becomes
  either a Divested Entity or Divested Website; provided that the agreement
  referenced in the immediately preceding sentence has been executed by the
  Divested Entity or Divested Website and Galileo. The Parties agree that if
  the particular sale of Travelbag Ltd. pending as of the Contract Effective
  Date closes, Subscriber is not required to cause Travelbag to enter into a
  separate agreement with Galileo pursuant to this Section 5.E. Subscriber’s
  obligations under Section 5.B(ii) with respect to Travelbag shall cease as of
  the closing date for any such sale or divestiture of Travelbag.

  
	
   

  	
   

  	
   

  	
   

  
	
  6.

  	
  CONTENT

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  A.

  	
   

  	
  Subject to the terms
  and conditions specified in this Agreement, Galileo will provide to the
  Orbitz Worldwide Agencies access to all publicly available fares and
  applicable negotiated non-public fares for air, hotel and car provided to
  Galileo by the Vendors participating in the Travelport GDSs (as applicable)
  in accordance with the terms and conditions agreed between Galileo and the
  Vendors.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  B.

  	
   

  	
  Subscriber agrees to use
  commercially reasonable efforts to use the Travelport GDSs for
  non-air/car/hotel Content provided in the Travelport GDSs.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  C.

  	
   

  	
  Loss of Content. In the event that one or more air Vendors
  that participates in a Travelport GDS withdraws all or a portion of its Content
  from such Travelport GDS, and the loss of such Content is the proximate cause
  of Subscriber failing to achieve the Domestic Annual Minimum in a particular
  Contract Year, then Galileo agrees not to charge Subscriber any Shortfall
  Fees (as set forth in the Custom Services Terms and Conditions Attachment
  (Galileo Services) – North America) for that Contract Year, provided that the
  loss of such Content was not caused directly or indirectly by any action or
  inaction of Subscriber. The Parties agree that this Section 6.C does not
  apply to situations where Content is lost to all distribution channels
  (including all distribution channels owned and operated by the particular air
  Vendor), including, but not limited to, instances where an air Vendor goes
  out of business or drops service in a particular market.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  D.

  	
   

  	
  Galileo agrees
  that no Orbitz Domestic Agencies using Worldspan Services shall be charged
  any Content access fees for the following air Vendors: American, Continental,
  Delta, Northwest, United, US Airways (collectively, “PFS2 Vendors”) and
  Alaska, provided that Subscriber does not opt in (such opt-in decision to be
  in Subscriber’s sole discretion) to any optional programs regarding the
  provision of Content that are offered by Galileo in connection with Worldspan
  Services. Subscriber may not participate in any such optional programs
  without Galileo’s prior written consent, which consent may require the
  Parties renegotiating the applicable Segment Incentive payment for such
  Content. As to non-PFS2 Vendors in connection with Worldspan Services,
  non-CCP participating Vendors that pay Galileo no Participation Fee (or only
  a nominal Participation Fee), and Orbitz International Agencies using Galileo
  Services, in consideration for Galileo procuring or retaining Content from
  Vendors who participate in the Travelport GDSs, Subscriber recognizes and
  acknowledges that Galileo may in return negotiate a reduction in the
  Participation Fees due (or Galileo receives no Participation Fee or only a
  nominal Participation Fee) from those Vendors during the Term of this
  Agreement, and, as such, may necessitate Galileo implementing a charge to
  access such Content. The Parties agree that any such charge will be based on
  market.

  
	
   

  	
   

  	
   

  	
   

  
	
  7.

  	
  REPRESENTATIONS AND
  WARRANTIES

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  A.

  	
   

  	
  Galileo represents and warrants that: (i) it is the
  owner or authorized licensee of the Software and Hardware; (ii) it has the
  right to provide the Services to Subscriber; (iii) the Galileo Services and
  Worldspan Services shall meet or exceed the Service Levels as set forth in a
  mutually agreed (or as determined by arbitration pursuant to Section 13)
  Service Level Agreement under Section 19, and (iv) the Galileo Services and
  Worldspan Services will be provided in a good and workmanlike manner. This
  warranty shall be null and void if Subscriber (a) fails to use the Services
  in accordance with the Documentation or this Agreement; (b) fails to use
  required Updates; or (c) makes any unauthorized change to the Services.

  
	
   

  	
   

  	
   

  	
   

  
					

 

14

 

 

B.             GALILEO (i) MAKES NO OTHER WARRANTY WITH
RESPECT TO THE SERVICES; (ii) MAKES NO WARRANTY WHATSOEVER WITH RESPECT TO
THIRD PARTY PRODUCTS; AND (iii) EXPRESSLY DISCLAIMS ALL OTHER WARRANTIES,
INCLUDING ANY IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR
PURPOSE. GALILEO DOES NOT WARRANT THAT THE SERVICES WILL MEET SUBSCRIBER’S
REQUIREMENTS OR WILL BE UNINTERRUPTED OR ERROR-FREE.

 

C.             Galileo will defend, indemnify and hold
Subscriber harmless against any third party claim due solely to an alleged
breach of Section 7.A(i) or 7.A(ii), provided that Subscriber gives Galileo
prompt written notice of the claim, Galileo has sole authority to defend or
settle the claim, and Subscriber reasonably cooperates in Galileo’s defense of
the claim. If Galileo is found to be in breach of Section 7.A, Galileo shall,
at its option and expense, modify or replace the component of the Services
causing the breach, or obtain the right for Subscriber to continue to use the
component of the Services, as applicable. Following the Parties’ agreement on a
Service Level Agreement pursuant to Section 19 (or an arbitrator’s issuance of
a binding decision concerning a Service Level Agreement), the remedies
available under the Service Level Agreement set forth in Section 19 and this
Section 7 will be exclusive of any other remedy, now or hereafter existing at
law, in equity, by statute or otherwise for breach of Section 7.A.

D.            Subscriber represents
and warrants that: (i) each current Location and current Subscriber entity and/or
current Orbitz Worldwide Agency(ies) and current online travel websites is
owned or controlled by Subscriber and it has the authority to enter into this
Agreement on behalf of each current and future Location and current and future
Subscriber entity and/or current and future Orbitz Worldwide Agency(ies)
including, but not limited to, Orbitz, LLC Cheaptickets, TFB, Lodging, Neat and
ebookers, and current and future online travel websites; and (ii) no written or
oral representation or warranty made or information furnished by Subscriber to
Galileo, including the Customer Profile, contains any untrue statement of
material fact.

E.              Each Party
represents and warrants that its execution of this Agreement and the exercise
of its rights and the performance of its obligations hereunder do not
constitute and shall not result in any breach of any agreement to which it is a
party.

8.               LIMITATION OF
LIABILITY

SUBJECT TO SECTION 8.B BELOW, ANY LIABILITY OF EITHER
PARTY ARISING FROM OR RELATING TO THIS AGREEMENT, WHETHER BASED ON CONTRACT,
TORT, NEGLIGENCE, INTENDED CONDUCT, STRICT LIABILITY, OR OTHERWISE WILL BE
LIMITED TO THE OTHER PARTY’S ACTUAL, DIRECT DAMAGES AND WILL BE SUBJECT TO THE
FOLLOWING:

A.                                   EXCEPT
FOR DAMAGES RESULTING FROM THE LIABLE PARTY’S BREACH OF A PAYMENT OBLIGATION
HEREUNDER, GROSS NEGLIGENCE, WILLFUL MISCONDUCT, INTENTIONAL MISREPRESENTATION
OR INDEMNIFICATION HEREUNDER, THE AMOUNT OF DAMAGES RECOVERABLE AGAINST THE
LIABLE PARTY FOR ALL EVENTS, ACTS, AND OMISSIONS WILL NOT EXCEED, IN THE
AGGREGATE, THE SUM OF TWENTY MILLION DOLLARS ($20,000,000.00).

B.                                     EXCEPT
FOR ANY AND ALL SHORTFALL FEES AS MAY BECOME DUE UNDER THIS AGREEMENT, IN NO
EVENT WILL THE LIABLE PARTY BE LIABLE FOR (I) ANY INDIRECT, CONSEQUENTIAL,
INCIDENTAL, SPECIAL OR PUNITIVE DAMAGES, EXCEPTING DAMAGES ARISING OUT OF THE
LIABLE PARTY’S INDEMNIFICATION OBLIGATIONS SET FORTH IN THIS AGREEMENT, OR (II)
ANY DAMAGES THAT COULD HAVE BEEN PREVENTED OR MITIGATED BY THE OTHER PARTY’S
TAKING REASONABLE PRECAUTIONS OR FOLLOWING REASONABLE PROCEDURES.

 

15

 

 

9.               TERM AND
TERMINATION

A.           Term. With
respect to the Galileo Services, subject to the Custom Terms and Conditions
Attachments (Galileo Services) for North America and for Europe, this Agreement
will start on the Contract Effective Date. With respect to the Worldspan
Services, this Agreement will start on the Worldspan Closing date (“Worldspan Services Effective Date”). The term of this
Agreement shall expire on December 31, 2014.

B.             Termination. A
Party (the “Insecure Party”) to this Agreement
may immediately terminate this Agreement or, alternately, may request the other
Party (the “Defaulting Party”) to meet certain
conditions in an attempt to avoid termination, if any of the following occurs:
(i) the Defaulting Party is subject to any insolvency proceeding under any
applicable local, state or federal law; (ii) a receiver or custodian of the
Defaulting Party’s assets is appointed; (iii) the Defaulting Party ceases to do
business or otherwise ceases or suspends operations for reasons other than an
event of force majeure, or as otherwise permitted under the Agreement; (iv) the
Defaulting Party breaches any of its material obligations under this Agreement
(other than payment obligations), and the breach continues for 30 days after
the Insecure Party’s written notice (except if a cure is impossible or
impracticable, there is no cure period); (v) the Defaulting Party fails to
remit any payment due within 30 days after receipt of written notice from the Insecure
Party; (vi) the Defaulting Party materially breaches any of its representations
or warranties set forth herein; or (vii) in the case of Subscriber, Galileo
breaches its obligations under Section 19.C regarding a mutually agreed (or as
determined by arbitration pursuant to Section 13) Service Level Agreement. If
Subscriber is the Defaulting Party, then Galileo may, among other actions,
first suspend access to the Services in an attempt to avoid termination. Either
Party’s efforts to avoid termination shall not constitute a waiver of such
Party’s right to terminate the Agreement.

 C.          Survival of Terms. Notwithstanding
anything to the contrary in this Agreement, provisions which by their nature
and intent should survive expiration or termination, including, but not limited
to, confidentiality, damages, Software license restrictions, and risk of loss,
will survive.

10.         INDEMNIFICATION

A.           Each Party (“Indemnitor”) shall defend, indemnify and hold harmless the
other Party, its parents, affiliates and subsidiaries, and their respective
officers, directors, employees, agents, successors and assigns (each a Galileo
or Subscriber “Indemnitee”, as applicable), from
and against third party liabilities, including reasonable attorneys’ fees,
costs and related expenses, which may be incurred by an Indemnitee solely as a
result of any injuries or deaths of persons, or the loss or loss of use of,
damage to, or destruction of property, arising out of or related to the
performance or failure of performance of its obligations under this Agreement.

B.             Subscriber shall
indemnify and hold harmless each Galileo Indemnitee from and against any and
all third party liabilities, including reasonable attorneys’ fees, costs and
related expenses, that may be incurred by a Galileo Indemnitee solely as a
result of Subscriber’s misuse of the Services or Subscriber’s provision of
travel services or products to Subscriber’s customers.

C.             An Indemnitor shall
not settle an action or claim in a manner that materially adversely affects an
Indemnitee without the Indemnitee’s prior written consent, which will not be
unreasonably withheld.

D.            Any Party claiming
indemnification pursuant to this Section 10 will give the Indemnitor prompt
written notice of the applicable third party liabilities and reasonably
cooperate with the Indmenitor, at the Indemnitor’s cost and expense, in the
defense of the foregoing. The Indemnitor shall have sole authority to defend or
settle the claim, provided such defense or settlement does not prejudice any
rights of or incur any cost on behalf of the Indemnitee(s).

11.         CONFIDENTIALITY

A.           Each Party agrees to
regard and preserve as confidential all information, documents and materials
(in whatever format or media) related to the business and activities of the
other Party, its customers, clients, suppliers (including Vendors) and other
entities with whom the other Party does business (including price lists,
business and trade secrets, passenger, customer or client lists and records,
economic information where Orbitz has more favorable terms than other Galileo
subscribers, other business and marketing information, plans and data,
schematics and diagrams), that may be obtained by such Party from any source or
may be developed as a result of this Agreement (collectively, “Confidential Information”). Each Party agrees to hold
Confidential Information in trust and

 

16

 

 

confidence and not to
disclose it to any person, firm or enterprise, or use it (directly or
indirectly) for its own benefit or for the benefit of any independent third
party or other Party, unless authorized by this Agreement or by the other Party
in writing, and even then, to limit access to and disclosure of Confidential
Information to its employees and representatives on a “need to know” basis only.
Notwithstanding the preceding, each Party may disclose all information
contained in passenger name records and traveler profiles if required to do so
by law or court order, or requested by a governmental or law enforcement
agency, and to its accountants and attorneys and other professional advisers on
a “need to know” basis only, as a direct result of such request/requirement, as
applicable.

 

B.             Each Party
acknowledges that any materials labeled “Confidential” at the time of their
receipt from the other Party, are confidential and trade secrets of the
disclosing Party, and each Party agrees that unless written consent has been
given, the receiving Party shall keep such materials confidential and prevent
their disclosure to any person other than to its employees or representatives
on a “need to know” basis only, and the receiving Party shall be responsible to
the disclosing Party for any unauthorized disclosure of Confidential
Information by the receiving Party’s employees or representatives. The Parties
agree that the terms of this Agreement are Confidential Information of each
Party but in no event shall the terms of this Agreement be deemed a trade
secret of a Party. Each Party may share the terms of this Agreement with its
accountants, lawyers and other professional advisers on a “need to know” basis
only.

 

C.             Information shall not
be considered confidential to the extent that such information is: (i) already
known to the receiving Party free of any restriction at the time it is obtained
from the disclosing Party; (ii) subsequently learned from an independent third
party free of any restriction and without breach of this Agreement or any other
agreement; (iii) or becomes publicly available through no wrongful act of
either Party; (iv) independently developed by one Party without reference to
any confidential information of the other; or (v) required to be disclosed
pursuant to a requirement of a governmental agency or law enforcement authority
or regulatory body, or by judicial decision so long as the Parties provide each
other with reasonable advance prior written notice of such requirements.

 

D.            No express or implied
rights or license are granted by the disclosure of Confidential Information to
the recipient Party pursuant to, under and in connection with this Agreement. THE
RECIPIENT PARTY UNDERSTANDS THAT THE DISCLOSING PARTY MAKES NO REPRESENTATIONS
OR WARRANTIES, EXPRESS OR IMPLIED (INCLUDING THOSE OF MERCHANTABILITY AND
SATISFACTORY QUALITY AND FITNESS FOR A PARTICULAR PURPOSE), WITH RESPECT TO
CONFIDENTIAL INFORMATION.

 

E.              Each Party shall at
all times: (a) comply with the Data Protection Laws; and (b) shall not do, or
cause or permit to be done, anything that may cause or otherwise result in a
breach of the Data Protection Laws.

 

F.              Subscriber agrees
that the Galileo Group Companies and NDCs will have the right to extract, use
and send to the participating Vendor to the relevant transaction, for the sole
purpose of facilitating such transaction, any data that Subscriber enters into
the Travelport GDSs in respect of bookings made by it. This data includes but
is not limited to Personal Data, airports of departure and arrival, times of
departure and arrival and class of seat booked.

 

G.             Notwithstanding the
provisions of this Section 11, to the extent permitted by all applicable and
relevant laws, Galileo will have the right to extract Product Data and to
disclose (including sell) and send Product Data to third parties provided the
use of Product Data shall at all times be in accordance with the relevant Data
Protection Laws.

 

H.            Any data supplied by
Subscriber to Galileo (whether stored on or sent over the Travelport GDSs or on
the Software or otherwise pursuant to this Agreement) will not contain anything
obscene, offensive or defamatory, or which is in breach of any laws or
regulations.

 

I.                  Neither Party
shall acquire under this Agreement a right to use, and may not use without the
other Party’s prior written consent in each instance, the names, characters,
artwork, designs, trade names, trademarks or service marks of the other Party
in any advertising, publicity, public announcement, marketing, press release or
promotion.

 

J.                Each Party shall
be liable for and shall indemnify the other Party from and against any and all
claims, actions, liabilities, losses, damages and expenses (including legal
expenses on a full indemnity basis) incurred by the indemnified Party which
arise directly or indirectly as a result of any breach of the obligations set
out in this Section 11

 

 

17

 

 

by Subscriber, an Orbitz
Worldwide Agency or Authorized User or by GILLC, GNBV or an NDC, as the case
may be.

 

12.         GOVERNING LAW;
JURISDICTION; ATTORNEYS’ FEES

 

This Agreement and any
disputes arising under or in connection with this Agreement shall be governed
by the internal laws of the State of Illinois, without regard to its conflicts
of laws principles. Subject to Section 13, all actions brought by either Party
to enforce, arising out of or relating to this Agreement shall be brought and
tried exclusively in federal or state courts located in Cook County, Illinois. The
parties hereby consent to submit to the personal jurisdiction of and venue in
such courts. In the event of any proceeding,
claim or action being filed or instituted between the Parties with respect to
this Agreement, the prevailing Party will be entitled to receive from the other
Party all costs, damages and expenses, including reasonable attorney’s fees,
incurred by the prevailing Party in connection with that action or proceeding
upon the controversy being reduced to final judgment or award.

 

13.         DISPUTE RESOLUTION

 

A.           This Section 13 applies solely to the Parties’
obligations pursuant to Sections 2.F(ii), 4.G, 5.A.(ii), 5.C.(iii) and Section
19 hereof.

 

B.             In the event the Parties are unable to agree upon (i)
terms and conditions regarding (***) pursuant to Section 2.F(ii), (ii) a Segment Incentive
payment and other related terms with respect to a new air Vendor that
participates at less than full service level or an air Vendor changing its
System participation level to less than a full service level pursuant to
Section 5.A(ii) hereof, (iii) an economic apportionment with respect to a
particular Vendor pursuant to Section 5.C.(iii) hereof, (iv) determination of a
Transaction Allowance and Transaction Fee for each region as applicable under
Section 4.G and (v) a Galileo Services Service Level Agreement or Worldspan
Services Service Level Agreement under Section 19, the CEOs of the Parties shall
use good faith efforts to negotiate a resolution to the applicable issue. If
the CEOs of the Parties have been unable to agree on a resolution to an issue
within 15 days of identification and written notice to the other Party of an
issue, such dispute (“Dispute”) shall
be settled by arbitration administered by the American Arbitration Association
under its Commercial Arbitration Rules. The Parties agree that such arbitration
shall take place in Chicago, Illinois. The arbitration shall be conducted by
three (3) arbitrators. Within five (5) days after the receipt by the other
Party of a written notice of one Party’s desire to settle a Dispute by
arbitration, each Party shall appoint an arbitrator, and within five (5) days
of their appointment the two (2) arbitrators so chosen shall nominate a third
independent arbitrator. Such third arbitrator shall either be an independent
arbitrator, an attorney with at least ten years experience in the travel
industry, or any other professional with ten years experience in the travel
industry. If within such five (5) day period the two (2) arbitrators fail to
nominate the third arbitrator, upon written request of either Party, the third
arbitrator shall be appointed by the American Arbitration Association and both
Parties shall be bound by the appointment so made. If either Party shall fail
to appoint an arbitrator as required under this Section 13.B, the arbitrator
appointed by the other Party shall be the sole arbitrator of the Dispute. The
decision of the arbitrators (or such single arbitrator) shall be made within
thirty (30) days of the close of the arbitration hearing, unless otherwise
agreed by the Parties. The decision of a majority of the panel (or such single
arbitrator) shall be final, conclusive and binding upon the Parties hereto, and
may be enforced in any court having jurisdiction.

 

C.             The arbitration proceedings shall proceed as soon as
practicable following the selection of the arbitrators, and, if practicable,
commence within fifteen (15) following the written notice of one Party’s desire
to settle a Dispute by arbitration. Neither Party will take any action or fail
to take any action to delay such proceedings. The arbitration proceedings shall
be conducted in the English language and any monetary award shall be in U.S.
dollars. The arbitrators (or such single arbitrator) shall not have the
authority to award punitive, special, exemplary, incidental, indirect or
consequential damages, regardless of whether a claim is based on contract, tort
(including negligence), breach of fiduciary duty, strict liability, violation
of any applicable deceptive trade practices act or similar law or any other
legal or equitable principle, and except as otherwise provided in the
Agreement, each Party’s maximum liability shall be limited to the lesser of any
direct damages or $20 million, subject to the exceptions provided in Section 8
(Limitation of Liability).

 

D.            Use of the above dispute resolution procedures shall
not constitute a waiver of any right of either Party.

 

E.              All negotiations connected with any Dispute shall be
concluded in confidence and without prejudice to the rights of the Parties in
any future proceedings.

 

 

18

 

 

F.              The Parties expressly agree that the previously-described
dispute resolution proceedings, including any written decision by the
arbitrators (or such single arbitrator), are confidential and shall not be
disclosed for any purpose whatsoever without the written consent of the other
Party.

 

G.             Notwithstanding anything herein contained in this
Section 13, both Parties shall be entitled to (i) commence legal proceedings
seeking such mandatory, declaratory or injunctive relief as may be necessary to
define or protect their rights and enforce the obligations in an extraordinary
situation in which such Party may incur irreparable damage in the period
pending the settlement of a Dispute in accordance with the dispute resolution
proceedings set forth in this Section 13; (ii) commence legal proceedings
involving the enforcement of an arbitration decision arising out of this
Agreement; or (iii) join any arbitration proceeding arising out of this
Agreement with any other arbitration proceeding arising out of this Agreement.

 

14.         ASSIGNMENT; CHANGE OF
CONTROL; NON-CIRCUMVENTION

 

A.           Assignment. The
Agreement may not be assigned by either Party without the prior written consent
of the other Party, provided that the Agreement may be assigned upon written
notice (a) to a Galileo Group Company or to a Subscriber entity or to an Orbitz
Worldwide Agency(ies), as applicable; (b) in connection with a merger,
acquisition, restructuring or sale of all or substantially all assets of either
Party; or (c) as necessary to effectuate the change of control and
non-circumvention requirements set forth below so long as the assignment does
not reduce applicable Segment volumes or commitments, the assignee is not a
direct competitor of the other Party and the assignee assumes the assignor’s
duties/obligations under the Agreement.

 

B.             Change of Control.
The Agreement shall survive any “Change of Control” of Travelport Limited. The
Agreement shall survive any Change of Control of Subscriber or any of its
related entities and will be binding upon successors, assigns and future owners
of any of the foregoing. “Change of Control”
means the sale or transfer of beneficial ownership of 50% or more of the voting
securities or other ownership interests of a Party.

 

C.             Non-Circumvention.
Neither Party shall, directly or indirectly, take or fail to take, nor permit
any Galileo Group Company, as to Galileo, or any Orbitz entity or Orbitz
Worldwide Agency, as to Orbitz, to take or fail to take, any action with the
intent or effect of avoiding or otherwise circumventing any provision or the
intent of the Parties of the Agreement, including, without limitation, the
foregoing assignment and Change of Control provisions.

 

15.         AUDIT RIGHTS

 

One time per calendar
year during the Term of this Agreement, Subscriber and Galileo shall each have
the right, upon at least thirty (30) days prior written notice to the other
Party, to inspect the records and other information collected, generated or
maintained in connection with the Services provided and used pursuant to this
Agreement, during normal business hours, for the purpose of determining the
other Party’s compliance with this Agreement. The Party conducting the audit
shall pay for all costs of such inspection, including all reports and any other
information supplied, provided that in the event an audit reveals a discrepancy
between amounts paid and amounts due (or other measurable obligation) of
greater than 10%, then the audited Party will reimburse the auditing Party for
the reasonable costs of the audit. Information disclosed to the auditing Party
or to its auditing representative in the course of such inspection shall be
subject to the confidentiality requirements of this Agreement. Any and all such
audits shall be conducted through independent auditors mutually agreed by the
Parties.

 

16.         RIGHT
OF FIRST OFFER 

 

On or before the date
that is at least 180 days prior to the expiration of this Agreement, Galileo
shall have the right to make an offer to provide GDS services to Subscriber
following the expiration of this Agreement based upon information provided to
Galileo by Subscriber in good faith to enable Galileo to prepare a complete
written proposal for the provision of such services. Subscriber shall consider
Galileo’s proposal in good faith, and provided the Parties agree to proceed,
shall negotiate in good faith the terms and conditions for a new agreement for
the provision of GDS services.

 

17.         ACCOUNT
SUPPORT

 

Galileo shall provide
Subscriber at Galileo’s cost and expense, two (2) full-time employees for the
purposes of account support and management (“Account
Managers”) with respect to the Galileo Services and the Worldspan
Services. In

 

 

19

 

 

the event that the
Worldspan Closing does not occur, then Galileo shall provide Subscriber one (1)
full-time employee for such purposes with respect to the Galileo Services.

 

18.         COOPERATION

 

The Parties shall
cooperate and facilitate discussions with Vendors with the goal of making
Vendors and their Content available in the Travelport GDSs and of ensuring that
any Vendor Content made available to the Orbitz Worldwide Agencies is also made
available to the Travelport GDSs, even where such Content may be restricted to
the Orbitz Worldwide Agencies. Except as expressly provided in this Agreement,
neither Party shall be precluded from entering into an agreement with a Vendor
if the Vendor is unwilling to agree to particular terms desired by the Parties
as a result of their cooperation.

 

19.         SERVICE LEVELS

 

A.    Up until the Worldspan
Services Effective Date, no Service Level shall apply to the Galileo Services. If
the Worldspan Closing does not occur, then Galileo and Subscriber will enter
into, within 60 days following a definitive determination that the Worldspan
Closing will not occur, a commercially reasonable Service Level Agreement to
apply to the Galileo Services (“Galileo Services Service
Level Agreement”).

 

B.    Within 60 days following the
Worldspan Closing, Galileo and Subscriber will enter into a commercially
reasonable Service Level Agreement to apply to the Worldspan Services (“Worldspan Services Service Level Agreement”).

 

C.    If the Parties are unable to
agree on the terms of a Galileo Services Service Level Agreement or a Worldspan
Services Service Level Agreement within 60 days following the Worldspan Closing
or the determination that the Worldspan Closing will not occur, as the case may
be, then the decision regarding the applicable Service Level Agreement shall be
resolved by arbitration pursuant to Section 13.

 

20.         MATERIAL
REVENUE CHANGE

 

In
the event that, due to market conditions or for competitive reasons, Galileo
decreases by (***) percent (***%) or more on a cumulative basis the total of
Participation Fees (as defined in Section 1.EE) payable to Galileo for all
Segments booked via the Orbitz Worldwide Agencies through either the Galileo
Services or Worldspan Services on a country-by-country basis below the
Participation Fees in effect as of December 31, 2007 (the “Fee Change”), then, effective as of the date of the Fee
Change (“Fee Change Effective Date”), the
Segment Incentives provided under this Agreement in the relevant country in
connection with the particular Services affected shall be reduced by (***) of
the amount of the Fee Change percentage; provided that once Galileo is earning
less than $(***) in Participation Fees per Segment (after deduction of the
applicable Segment Incentives), then the Segment Incentives shall be decreased
by the full amount of the Fee Change percentage; and provided further that no
decrease in any Segment Incentive will take effect until (***). The calculation
of whether a Fee Change has occurred regarding the United States will not
include Participation Fees for Vendors who have commenced participation in the
Content Continuity Program subsequent to the Contract Effective Date and for whom
Subscriber has paid Program Fees during the Term. For example, assume Galileo
decreased its Participation Fees in the United States in connection with the
Apollo CRS in the (***) (***)(calculated pursuant to the terms of this Section
20 regarding new Content Continuity Program-participating Vendors) and such
decreases resulted in a cumulative (***)% decrease in the Participation Fees
for all Segments booked via the Orbitz Domestic Agencies using the Apollo CRS
(in the United States) below the Participation Fees in effect as of December
31, 2007 (in the United States), the Segment Incentive set forth on the Custom
Terms and Conditions Attachment (Galileo Services) – North America shall be
decreased by (***)% (i.e., (***) of (***)%) effective as of (***), assuming
that Galileo was earning more than $(***) in Participation Fees per Segment
after deduction of the applicable Segment Incentive.

 

 

20

 

 

21.         SUBSCRIBER TERMS AND
CONDITIONS COMMITMENT

 

Galileo will provide the
Galileo Services and Worldspan Services on commercial terms and conditions not
less favorable overall than the overall terms and conditions offered by Galileo
to any other online travel agency delivering equivalent or lesser segment
volumes. In determining the relative favorability of the overall terms and
conditions, Galileo may also consider geographic and business (corporate vs.
leisure) mix.

 

22.         NOTICE

 

A.           Every notice, request,
demand or other communication requiring notice under this Agreement:

(a)                                  shall
be in the English language and shall be made in writing; and

(b)           shall be deemed to have
been received:

(i)                                     immediately,
in the case of an e-mail or fax, unless the date of transmission is not a
business day in the country of the addressee, in which case it shall be deemed
to have been received at the opening of business on the next such business day;
and shall be confirmed by sending a copy of such fax or e-mail by express
courier within 24 hours of transmission; and

(ii)           on delivery, in the case
of a letter delivered in person;

(iii)                                three
days after delivery to the courier in the case of a letter sent by express
courier; and

(iv)                               five
days after the date when such communication is mailed with postage prepaid.

 

B.             All notices permitted
or required to be given hereunder, and any legal proceedings concerning or
arising out of this Agreement shall be delivered or sent to the Parties as
follows:

	
  

  	
  To Galileo:

  	
  Galileo International

  	
   

  
	
   

  	
   

  	
  6901 S. Havana Street

  	
   

  
	
   

  	
   

  	
  Centennial, CO 80112

  	
   

  
	
   

  	
   

  	
  Fax: 847-358-8603

  	
   

  
	
   

  	
   

  	
  Attn: GALCHI Legal Department – Contract Notices

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  With a copy to:

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Galileo International Limited

  	
   

  
	
   

  	
   

  	
  Galileo House

  	
   

  
	
   

  	
   

  	
  Axis Park

  	
   

  
	
   

  	
   

  	
  Hurricane Way

  	
   

  
	
   

  	
   

  	
  Langley

  	
   

  
	
   

  	
   

  	
  Berkshire SL3 8AG

  	
   

  
	
   

  	
   

  	
  United Kingdom

  	
   

  
	
   

  	
   

  	
  Fax:+44 1753 288224

  	
   

  
	
   

  	
   

  	
  Attn:

  	
  Legal Department

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  To Orbitz:

  	
  Orbitz Worldwide, LLC

  	
   

  
	
   

  	
   

  	
  500 W. Madison, 10th Floor

  	
   

  
	
   

  	
   

  	
  Chicago, Illinois 60661

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attn: President and CEO; Fax: 312-894-4857

  	
   

  
	
   

  	
   

  	
  With a copy to the Legal Department; Fax: 312
  894-4856

  	
   

  
					

 

C.             Either Party may give
written notice to the other Party of such other address(es) to which notices
shall be sent, and thereafter notices shall be sent to such new or additional
addresses.

23.         FORCE MAJEURE

A.           Neither Party shall be
deemed to be in breach of this Agreement or liable for any delays in performing
or failure to perform any of its obligations under this Agreement as
contemplated hereunder if the delay or failure was due to a cause beyond the
reasonable control of, and was not the fault or negligence of, the affected
Party (including acts of

 

 

21

 

 

God, war or threat of
war, civil unrest or commotion, natural or nuclear disaster, epidemic,
terrorist activity, explosion, fire, flood, adverse weather conditions,
telecommunications line failures, strike, labor dispute, work stoppage, any act
or order of central or local government, or of any law enforcement or
quasi-legal or judicial authority, or acts or omissions of any telecommunications
supplier) (“Force Majeure”).

 

B.             Notwithstanding the
foregoing, a Party may not claim as Force Majeure the willful act or negligence
of or failure to take all reasonable precautions by that Party.

 

C.             If either Party is
prevented or delayed in the performance of any of its obligations under this
Agreement by Force Majeure, that Party shall forthwith serve notice in writing
on the other Party specifying the nature and extent of the circumstances giving
rise to Force Majeure, and shall, subject to service of such notice and having
taken all reasonable steps to avoid such prevention or delay and subject to
Section 23.F. below, have no liability in respect of the performance of such of
its obligations as are prevented by the Force Majeure events during the
continuation of such events, and for such time after they cease as is necessary
for that Party, using all reasonable endeavors, to recommence its affected
operations in order for it to perform its obligations.

 

D.            If a Force Majeure
event occurs, the date(s) for performance of the obligations affected will be
postponed for so long as is (and to the extent that it is) reasonably made
necessary by the continuation of such circumstance or event.

 

E.              If any material
obligation of either Party pursuant to, under and in connection with this
Agreement is delayed as contemplated by Section 23.A. above for longer than 3
months, then either Party shall have the right to terminate this Agreement
forthwith on written notice to the other in which case neither Party shall have
any liability to the other except that rights and liabilities which accrued
prior to such termination shall continue to subsist.

 

F.              The Party claiming
to be prevented or delayed in the performance of any of its obligations under
this Agreement by reason of Force Majeure shall use reasonable endeavors
without hereby being obliged to incur any expenditure or cost to bring the
Force Majeure event to a close or to find a solution by which the Agreement may
be performed despite the continuance of the Force Majeure event.

 

24.         GENERAL 

 

A.           Galileo or its agent
shall have the right to enter any Location upon reasonable notice and during
normal business hours for the purpose of (i) monitoring, inspecting, or
repairing any Hardware; (ii) monitoring the users’ operation of the Services;
and (iii) removing the Services, at Subscriber’s expense, upon expiration or
any termination of this Agreement.

 

B.             Nothing in this
Agreement is intended or shall be construed to create any agency, partnership
or joint venture relationship between the Parties.

 

C.             No waiver of any
provision or breach of this Agreement shall constitute a waiver of any other
provision or subsequent breach.

 

D.            If any provision of
this Agreement, in any respect, is either held to be invalid, illegal, or
unenforceable by any court or competent authority; or rendered invalid,
illegal, or unenforceable by the introduction of, or change in, any statute,
regulation, applicable code or other ordinance, then such provision shall be
deemed deleted from this Agreement without prejudice to the remaining
provisions hereof which shall continue in full force and effect notwithstanding
such deletion, and Galileo and Subscriber shall thereupon negotiate in good
faith a substitute provision(s) which is valid, legal and enforceable and which
most closely equates to the intention of the Parties as contemplated by this
Agreement.

 

E.              In the event of an
action to enforce this Agreement or to seek remedies for a breach of this
Agreement, the prevailing Party shall be entitled to receive from the other
Party reimbursement of its reasonable attorneys’ fees, expenses and court
costs.

 

25.         ENTIRE AGREEMENT

 

This Agreement, together
with any and all attachments, constitutes the entire agreement and
understanding of the Parties regarding the subject matter of this Agreement
and, as of the Contract Effective Date for Galileo Services, and as of the

 

 

22

 

 

Worldspan Services
Effective Date for Worldspan Services, supersedes all prior written and oral
agreements between the Parties on this subject matter, except for amounts
Subscriber may owe Galileo under the Orbitz – Apollo Agreement, the Galileo –
ebookers Productivity Incentive Agreement (as defined in the Custom Terms and Conditions
Attachments (Galileo Services) for North America and Europe, respectively) and
all other agreements referenced in the “Supersedes Existing Agreements” Section
of the Custom Terms and Conditions Attachment (Galileo Services) for Europe. This
Agreement may be modified only by written agreement of the Parties. In the
event that the provisions of an attachment conflict with any terms herein, then
the provisions of the attachment shall control.

 

 

23

 

 

By signing below the Parties acknowledge their acceptance of the terms
and conditions of this Agreement and its attachments.

 

	 
	
  Executed on behalf of
  Subscriber

  	
  Executed on behalf of Galileo International, L.L.C.

  
	 
	
   

  	
   

  
	
  Signature:

  	
  /s/ STEVE BARNHART

  	
   

  	
  Signature:

  	
  /s/ ERIC J. BOCK

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Printed Name:

  	
  Steve Barnhart

  	
   

  	
  Printed Name:

  	
  Eric J. Bock

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Title:

  	
  CEO and President

  	
   

  	
  Title:

  	
  Executive Vice President and General Counsel

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Date:

  	
  July 23, 2007

  	
   

  	
  Date:

  	
  July 23, 2007

  
												

 

 

	
  Executed on behalf of Galileo Nederland B.V.

  
	
   

  
	
  Signature:

  	
  /s/ GORDON WILSON

  	
   

  
	
   

  
	
  Printed Name:

  	
  /s/ Gordon Wilson

  	
   

  
	
   

  	
   

  	
   

  
	
  Title:

  	
  Director

  	
   

  
	
   

  	
   

  	
   

  
	
  Date:

  	
  23 July, 2007

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
						

 

 

24

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