Document:

LOWE'S COMPANIES, INC. AMENDED AND RESTATED CREDIT AGREEMENT DATED JUNE 15,
      2007

    Exhibit
      10.1

     

    
      

    

    
 

    AMENDED
      AND RESTATED

    CREDIT
      AGREEMENT

    

    Dated
      as
      of June 15, 2007

     

    among

     

    LOWE’S
      COMPANIES, INC.,

     

    as
      the
      Borrower,

     

    BANK
      OF AMERICA, N.A., 

     

    as
      Administrative Agent, Swing Line Lender 

     

    and
      an
      L/C Issuer,

     

    WACHOVIA
      BANK, NATIONAL ASSOCIATION,

    as
      Syndication Agent and an L/C Issuer

    

    

    JPMORGAN
      CHASE BANK, N.A.,

    SUNTRUST
      BANK,

    US
      BANK, NATIONAL ASSOCIATION,
      and

    MERRILL
      LYNCH BANK USA,

    as
      Co-Documentation Agents,

    

    and

     

    The
      Other
      Lenders Party Hereto

     

    BANC
      OF AMERICA SECURITIES LLC, 

     

    as
      

     

    Joint
      Lead Arranger and Sole Book Runner

     

    WACHOVIA
      CAPITAL MARKETS, LLC,

    as

    Joint
      Lead Arranger

     

     

      
        

      

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    

      TABLE
        OF CONTENTS

       

      Section                                                                                                

       

      ARTICLE
        I.

      ASSIGNMENTS
        AND ALLOCATIONS; DEFINITIONS AND ACCOUNTING TERMS

       

    

    
      
        	
                1.01A 

              	
                Assignment
                  and Allocations

              	
                 

              
	
                1.01 

              	
                Defined
                  Terms 

              	
                 

              
	
                1.02 

              	
                Other
                  Interpretive Provisions

              	
                 

              
	
                1.03 

              	
                Accounting
                  Terms

              	
              
	
                1.04 

              	
                Rounding

              	
              
	
                1.05 

              	
                Times
                  of Day

              	
              
	
                1.06 

              	
                Letter
                  of Credit Amounts

              	
              

      

    

    

       

      ARTICLE
        II.

      THE
        COMMITMENTS AND CREDIT EXTENSIONS

      

        
          	
                  2.01

                	
                  Committed
                    Loans

                	
                
	
                  2.02

                	
                  Borrowings,
                    Conversions and Continuations of Committed Loans

                	
                   

                
	
                  2.03

                	
                  Bid
                    Loans

                	
                
	
                  2.04

                	
                  Letters
                    of Credit

                	
                
	
                  2.05

                	
                  Swing
                    Line Loans

                	
                
	
                  2.06

                	
                  Prepayments

                	
                
	
                  2.07

                	
                  Termination
                    or Reduction of Commitments

                	
                
	
                  2.08

                	
                  Repayment
                    of Loans

                	
                
	
                  2.09

                	
                  Interest

                	
                
	
                  2.10

                	
                  Fees

                	
                
	
                  2.11

                	
                  Computation
                    of Interest and Fees

                	
                
	
                  2.12

                	
                  Evidence
                    of Debt

                	
                
	
                  2.13

                	
                  Payments
                    Generally; Administrative Agent’s Clawback

                	
                   

                
	
                  2.14

                	
                  Sharing
                    of Payments by Lenders

                	
                   

                
	
                  2.15

                	
                  Increase
                    in Commitments

                	
                

        

      

       

      
         

        ARTICLE
          III.

        TAXES,
          YIELD PROTECTION AND ILLEGALITY

        

          
            	
                    3.01

                  	
                    Taxes

                  	
                  
	
                    3.02

                  	
                    Illegality

                  	
                  
	
                    3.03

                  	
                    Inability
                      to Determine Rates

                  	
                  
	
                    3.04

                  	
                    Increased
                      Costs; Reserves on Eurodollar Rate Loans

                  	
                  
	
                    3.05

                  	
                    Compensation
                      for Losses

                  	
                  
	
                    3.06

                  	
                    Mitigation
                      Obligations; Replacement of Lenders

                  	
                  
	
                    3.07

                  	
                    Survival

                  	
                  

          

        

      

       

      
        
           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

        

         

         

        ARTICLE
          IV.

        CONDITIONS
          PRECEDENT TO EFFECTIVENESS

         

        
          
            	
                    4.01

                  	
                    Conditions
                      of Effectiveness

                  	
                     

                  
	
                    4.02

                  	
                    Conditions
                      to all Credit Extensions

                  	
                     

                  

          

        

         

         

        
          ARTICLE
            V.

          REPRESENTATIONS
            AND WARRANTIES

          

            
              	
                      5.01

                    	
                      Existence,
                        Qualification and Power

                    	
                    
	
                      5.02

                    	
                      Authorization;
                        No Contravention

                    	
                       

                    
	
                      5.03

                    	
                      Governmental
                        Authorization; Other Consents

                    	
                    
	
                      5.04

                    	
                      Binding
                        Effect

                    	
                    
	
                      5.05

                    	
                      Financial
                        Statements; No Material Adverse Effect

                    	
                    
	
                      5.06

                    	
                      Litigation

                    	
                       

                    
	
                      5.07

                    	
                      No
                        Default

                    	
                       

                    
	
                      5.08

                    	
                      Ownership
                        of Property; Liens

                    	
                       

                    
	
                      5.09

                    	
                      [Reserved.]

                    	
                       

                    
	
                      5.10

                    	
                      Taxes

                    	
                    
	
                      5.11

                    	
                      ERISA
                        Compliance

                    	
                    
	
                      5.12

                    	
                      Margin
                        Regulations; Investment Company Act

                    	
                    
	
                      5.13

                    	
                      Disclosure

                    	
                    
	
                      5.14

                    	
                      Compliance
                        with Laws

                    	
                    
	
                      5.15

                    	
                      Senior
                        Debt Designation

                    	
                       

                    

            

          

        

         

        
           

          ARTICLE
            VI.

          AFFIRMATIVE
            COVENANTS

          
 

        

        
          
            	
                    6.01

                  	
                    Financial
                      Statements

                  	
                  
	
                    6.02

                  	
                    Certificates;
                      Other Information

                  	
                     

                  
	
                    6.03

                  	
                    Notices

                  	
                     

                  
	
                    6.04

                  	
                    Payment
                      of Obligations

                  	
                  
	
                    6.05

                  	
                    Preservation
                      of Existence, Etc

                  	
                     

                  
	
                    6.06

                  	
                    Maintenance
                      of Properties

                  	
                     

                  
	
                    6.07

                  	
                    Maintenance
                      of Insurance

                  	
                     

                  
	
                    6.08

                  	
                    Compliance
                      with Laws

                  	
                     

                  
	
                    6.09

                  	
                    Books
                      and Records

                  	
                  
	
                    6.10

                  	
                    Inspection
                      Rights

                  	
                  
	
                    6.11

                  	
                    Use
                      of Proceeds

                  	
                     

                  

          

        

      

      

         

        ARTICLE
          VII.

        NEGATIVE
          COVENANTS

        
          

            
              	
                      7.01

                    	
                      Liens

                    	
                       

                    
	
                      7.02

                    	
                      [Reserved.]

                    	
                       

                    
	
                      7.03

                    	
                      Indebtedness

                    	
                       

                    
	
                      7.04

                    	
                      Fundamental
                        Changes

                    	
                    
	
                      7.05

                    	
                      Transactions
                        with Affiliates

                    	
                       

                    
	
                      7.06

                    	
                      Use
                        of Proceeds

                    	
                       

                    
	
                      7.07

                    	
                      Ratio
                        of Consolidated Adjusted Funded Debt to Total
                        Capitalization

                    	
                       

                    

            

          

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

        

      

    

    
      

       

      ARTICLE
        VIII.

      EVENTS
        OF
        DEFAULT AND REMEDIES 

      

        
          	
                  8.01

                	
                  Events
                    of Default 

                	
                   

                
	
                  8.02

                	
                  Remedies
                    Upon Event of Default

                	
                   

                
	
                  8.03

                	
                  Application
                    of Funds

                	
                   

                

        

      

    

    

       

      ARTICLE
        IX.

      ADMINISTRATIVE
        AGENT

      

        
          	
                  9.01

                	
                  Appointment
                    and Authority

                	
                   

                
	
                  9.02

                	
                  Rights
                    as a Lender

                	
                   

                
	
                  9.03

                	
                  Exculpatory
                    Provisions

                	
                   

                
	
                  9.04

                	
                  Reliance
                    by Administrative Agent

                	
                   

                
	
                  9.05

                	
                  Delegation
                    of Duties

                	
                   

                
	
                  9.06

                	
                  Resignation
                    of Administrative Agent; L/C Issuer

                	
                   

                
	
                  9.07

                	
                  Non-Reliance
                    on Administrative Agent and Other Lenders

                	
                   

                
	
                  9.08

                	
                  No
                    Other Duties, Etc

                	
                   

                
	
                  9.09

                	
                  Administrative
                    Agent May File Proofs of Claim

                	
                   

                

        

      

    

    
      
         

         

        ARTICLE
          X.

        MISCELLANEOUS

          
            	
                    10.01

                  	
                    Amendments,
                      Etc

                  	
                     

                  
	
                    10.02

                  	
                    Notices;
                      Effectiveness; Electronic Communication

                  	
                     

                  
	
                    10.03

                  	
                    No
                      Waiver; Cumulative Remedies

                  	
                     

                  
	
                    10.04

                  	
                    Expenses;
                      Indemnity; Damage Waiver

                  	
                     

                  
	
                    10.05

                  	
                    Payments
                      Set Aside

                  	
                     

                  
	
                    10.06

                  	
                    Successors
                      and Assigns

                  	
                     

                  
	
                    10.07

                  	
                    Treatment
                      of Certain Information; Confidentiality

                  	
                     

                  
	
                    10.08

                  	
                    Right
                      of Setoff

                  	
                     

                  
	
                    10.09

                  	
                    Interest
                      Rate Limitation

                  	
                     

                  
	
                    10.10

                  	
                    Counterparts;
                      Integration; Effectiveness

                  	
                     

                  
	
                    10.11

                  	
                    Survival
                      of Representations and Warranties

                  	
                     

                  
	
                    10.12

                  	
                    Severability

                  	
                     

                  
	
                    10.13

                  	
                    Replacement
                      of Lenders

                  	
                     

                  
	
                    10.14

                  	
                    Governing
                      Law; Jurisdiction; Etc

                  	
                     

                  
	
                    10.15

                  	
                    Waiver
                      of Jury Trial

                  	
                     

                  
	
                    10.16

                  	
                    No
                      Advisory or Fiduciary Responsibility

                  	
                     

                  
	
                    10.17

                  	
                    USA
                      PATRIOT Act Notice

                  	
                     

                  
	
                    10.18

                  	
                    No
                      Lenders Will Be “Public-Side” Lenders

                  	
                     

                  

          

        

      

      
        

          
            	
                     

                    SIGNATURES
                      

                  	
                     

                     

                  

          

        

      

      

        
        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

      

      

        AMENDED
          AND RESTATED

        CREDIT
          AGREEMENT

        

        

        THIS
          AMENDED AND RESTATED CREDIT AGREEMENT, dated as of June 15, 2007 (this
          “Agreement”),
          is
          made by and among LOWE’S COMPANIES, INC., a North Carolina corporation (the
“Borrower”),
          BANK
          OF AMERICA, N.A.,
          as
          Administrative Agent, Swing Line Lender and an L/C Issuer, WACHOVIA BANK,
          NATIONAL ASSOCIATION, in its capacity as Syndication Agent and an L/C Issuer
          for
          the Lenders, JPMORGAN CHASE BANK, N.A., SUNTRUST BANK, US BANK, NATIONAL
          ASSOCIATION and MERRILL LYNCH BANK USA in their capacity as Co-Documentation
          Agents, and each financial institution executing and delivering a signature
          page
          hereto and each financial institution which may hereafter execute and deliver
          an
          instrument of assignment with respect to this Agreement pursuant to Section
          10.06
          (hereinafter such financial institutions may be referred to individually
          as a
“Lender”
or
          collectively as the “Lenders”).

         

        W
          I T N E S S E T H:

        

        WHEREAS,
          the
          Borrower, the Lenders party thereto, and Bank of America, as Administrative
          Agent, are parties to that certain Credit Agreement, dated as of July 30,
          2004
          (as amended from time to time prior to the date hereof, the “Existing
          Credit Agreement”),
          pursuant to which such lenders originally agreed to provide the Borrower
          with a
          revolving credit facility of up to $1,000,000,000, including a letter of
          credit
          subfacility of up to $250,000,000 and a swingline subfacility of up to
          $100,000,000; and

         

        WHEREAS,
          the
          Borrower has requested that the Existing Credit Agreement be amended and
          restated in order to, among other things, extend the maturity date of the
          revolving credit facility, increase the potential maximum amount of the
          revolving credit facility from the amount in effect as of the date hereof
          under
          the Existing Credit Agreement, increase the maximum amount of the letter
          of
          credit subfacility, increase the maximum amount of the swingline subfacility,
          modify the revolving commitments of the Lenders, and make certain other
          amendments to the Existing Credit Agreement (the “Restatement”);
          and

         

        WHEREAS,
          the
          Borrower, the Lenders, and the Administrative Agent have agreed to and
          desire to
          amend and restate the Existing Credit Agreement on the terms and conditions
          set
          forth in this Agreement to accomplish such amendments, including but not
          limited
          to making available to the Borrower a revolving credit facility of up to
          $1,750,000,000, which includes a letter of credit subfacility of up to
          $500,000,000 and a swingline subfacility of up to $250,000,000.

         

        NOW,
          THEREFORE,
          the
          Borrower, the Lenders and the Administrative Agent hereby agree as
          follows:

         

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

    

     

    ARTICLE
      I.  

    ASSIGNMENTS
      AND ALLOCATIONS; DEFINITIONS AND ACCOUNTING TERMS

     

    1.01A Assignment
      and Allocations.
      In
      order to facilitate the Restatement and otherwise to effectuate the desires
      of
      the Borrower, the Administrative Agent and the Lenders:

    

    (a)  The
      parties hereto agree that each of the Commitments, as defined in the Existing
      Credit Agreement, shall, subject to the terms hereof, constitute a Commitment
      hereunder. As of the close of business on June 14, 2007 such Commitment, the
      Applicable Percentage of the Aggregate Commitment of the Lenders and the
      principal amount of the Loans outstanding under the Existing Credit Agreement
      were as follows:

    

      
        	
                 

                 

                 

                Lender

              	
                 

                 

                Commitment

              	
                Applicable

                Percentage

              	
                 

                Portion
                  of

                Loans

                outstanding

              
	
                Bank
                  of America, N.A.

              	
                $120,000,000

              	
                12.00000000%

              	
                $0

              
	
                Wachovia
                  Bank, National Association

              	
                $120,000,000

              	
                12.00000000%

              	
                $0

              
	
                JPMorgan
                  Chase Bank, N.A. (as successors in interest to Bank One,
                  NA)

              	
                $90,000,000

              	
                9.00000000%

              	
                $0

              
	
                SunTrust
                  Bank

              	
                $90,000,000

              	
                9.00000000%

              	
                $0

              
	
                US
                  Bank, National Association

              	
                $90,000,000

              	
                9.00000000%

              	
                $0

              
	
                Merrill
                  Lynch Bank USA

              	
                $65,000,000

              	
                6.50000000%

              	
                $0

              
	
                Union
                  Bank of California, N.A.

              	
                $65,000,000

              	
                6.50000000%

              	
                $0

              
	
                Harris
                  Nesbitt Financing, Inc.

              	
                $45,000,000

              	
                4.50000000%

              	
                $0

              
	
                The
                  Bank of New York

              	
                $45,000,000

              	
                4.50000000%

              	
                $0

              
	
                Barclays
                  Bank PLC

              	
                $45,000,000

              	
                4.50000000%

              	
                $0

              
	
                Branch
                  Banking & Trust Company

              	
                $45,000,000

              	
                4.50000000%

              	
                $0

              
	
                BNP
                  Paribas

              	
                $45,000,000

              	
                4.50000000%

              	
                $0

              
	
                National
                  City Bank

              	
                $45,000,000

              	
                4.50000000%

              	
                $0

              
	
                Regions
                  Bank

              	
                $45,000,000

              	
                4.50000000%

              	
                $0

              
	
                Wells
                  Fargo Bank, National Association

              	
                $45,000,000

              	
                4.50000000%

              	
                $0

              
	 	 	 	 
	
                TOTAL
                  

              	
                $1,000,000,000

              	
                100.00000000%

              	
                $0

              
	 	 	 	 

      

    

    
      
         

        (b)  Simultaneously
          with the Closing Date, the parties hereby agree that the Commitments shall
          be as
          set forth in Schedule
          2.01
          and the
          portion of Loans outstanding under the Existing Credit Facility shall be
          reallocated in accordance with such Commitments and the requisite assignments
          shall be deemed to be made in such amounts by and between the Lenders and
          from
          each Lender to each other Lender, with the same force and effect as if
          such
          assignments were evidenced by applicable Assignments and Acceptances (as
          defined
          in the Existing Credit Agreement) under the Existing Credit Agreement.
          Notwithstanding anything to the contrary in Section
          10.06
          of the
          Existing Credit Agreement or Section
          10.06
          of this
          Agreement, no other documents or instruments, including any Assignment
          and
          Assumption, shall be executed in connection with these assignments (all
          of which
          requirements are hereby waived), and such assignments shall be deemed to
          be made
          with all applicable representations, warranties and covenants as if evidenced
          by
          an Assignment and Acceptance. On the Closing Date, the Lenders shall make
          full
          cash settlement with each other either directly or through the 

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

         

        Administrative
          Agent, as the Administrative Agent may direct or approve, with respect
          to all
          assignments, reallocations and other changes in Commitments (as such term
          is
          defined in the Existing Credit Agreement) such that after giving effect
          to such
          settlements each Lender’s Applicable Percentage shall be as set forth on
Schedule
          2.01. 

         

        (c)  The
          Borrower, the Administrative Agent, and the Lenders hereby agree that upon
          the
          effectiveness of this Agreement, the terms and provisions of the Existing
          Credit
          Agreement which in any manner govern or evidence the Obligations, the rights
          and
          interests of the Administrative Agent and the Lenders and any terms, conditions
          or matters related to any thereof, shall be and hereby are amended and
          restated
          in their entirety by the terms, conditions and provisions of this Agreement,
          and
          the terms and provisions of the Existing Credit Agreement, except as otherwise
          expressly provided herein, shall be superseded by this Agreement.

         

        (d)  Notwithstanding
          this amendment and restatement of the Existing Credit Agreement, including
          anything in this Section
          1.01A,
          and in
          any related “Loan Documents” (as such term is defined in the Existing Credit
          Agreement and referred to herein, individually or collectively, as the
“Prior
          Loan Documents”), (i) all of the indebtedness, liabilities and obligations owing
          by any Person under the Existing Credit Agreement and other Prior Loan
          Documents
          shall continue as Obligations hereunder, and (ii) each of this Agreement
          and the
          Notes and any other Loan Document (as defined herein) that is amended and
          restated in connection with this Agreement is given as a substitution of,
          and
          not as a payment of, the indebtedness, liabilities and obligations of the
          Borrower under the Existing Credit Agreement or any Prior Loan Document
          and
          neither the execution and delivery of such documents nor the consummation
          of any
          other transaction contemplated hereunder is intended to constitute a novation
          of
          the Existing Credit Agreement or of any of the other Prior Loan Documents
          or any
          obligations thereunder. Upon the effectiveness of this Agreement, all Loans
          owing by the Borrower, and outstanding under the Existing Credit Agreement
          shall
          continue as Loans hereunder and shall constitute advances hereunder, and
          all
          Letters of Credit outstanding under the Existing Credit Agreement and any
          of the
          Prior Loan Documents shall continue as Letters of Credit hereunder. Base
          Rate
          Loans under the Existing Credit Agreement shall accrue interest at the
          Base Rate
          hereunder and the parties hereto agree that the Interest Periods for all
          Eurodollar Rate Loans outstanding under the Existing Credit Agreement on
          the
          Closing Date, shall remain in effect without renewal, interruption or extension
          as Eurodollar Rate Loans under this Agreement and accrue interest at the
          Eurodollar Rate hereunder; provided,
          that on
          and after the Closing Date, the Applicable Rate applicable to any Loan
          or Letter
          of Credit hereunder shall be as set forth in the definition of Applicable
          Rate
          below, without regard to any margin applicable thereto under the Existing
          Credit
          Agreement prior to the Closing Date. 

         

        1.01  Defined
          Terms.
          As used
          in this Agreement, the following terms shall have the meanings set forth
          below:

         

        “Absolute
          Rate”
means
          a
          fixed rate of interest expressed in multiples of 1/100th of one basis
          point.

         

        “Absolute
          Rate Loan”
means
          a
          Bid Loan that bears interest at a rate determined with reference to an
          Absolute
          Rate.

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

         

        “Administrative
          Agent”
means
          Bank of America in its capacity as administrative agent under any of the
          Loan
          Documents, or any successor administrative agent.

         

        “Administrative
          Agent’s Office”
means
          the Administrative Agent’s address and, as appropriate, account as set forth on
Schedule
          10.02,
          or such
          other address or account as the Administrative Agent may from time to time
          notify to the Borrower and the Lenders.

         

        “Administrative
          Questionnaire”
means
          an Administrative Questionnaire in a form supplied by the Administrative
          Agent.

         

        “Affiliate”
means,
          with respect to any Person, another Person that directly, or indirectly
          through
          one or more intermediaries, Controls or is Controlled by or is under common
          Control with the Person specified. 

         

        “Agent
          Parties”
has
          the
          meaning specified in Section
          10.02(c).

         

        “Aggregate
          Commitments”
means
          the Commitments of all the Lenders.

         

        “Agreement”
means
          this Amended and Restated Credit Agreement.

         

        “Applicable
          Percentage”
means
          with respect to any Lender at any time, the percentage (carried out to
          the ninth
          decimal place) of the Aggregate Commitments represented by such Lender’s
          Commitment at such time. If the commitment of each Lender to make Loans
          and the
          obligation of the L/C Issuer to make L/C Credit Extensions have been terminated
          pursuant to Section
          8.02
          or if
          the Aggregate Commitments have expired, then the Applicable Percentage
          of each
          Lender shall be determined based on the Applicable Percentage of such Lender
          most recently in effect, giving effect to any subsequent assignments. The
          initial Applicable Percentage of each Lender is set forth opposite the
          name of
          such Lender on Schedule
          2.01
          or in
          the Assignment and Assumption pursuant to which such Lender becomes a party
          hereto, as applicable.

         

        “Applicable
          Rate”
means,
          from time to time, the following percentages per annum, based upon the
          Debt
          Rating as set forth below:

         

        
          Applicable
            Rate

           

          
            	
                    Pricing
                      Level

                  	
                    Debt
                      Ratings S&P/Moody’s/Fitch

                  	
                    Facility

                    Fee
                      

                  	
                    Utilization
                      Fee

                    (>50%
                      Utilization)

                  	
                    Eurodollar
                      Rate

                    and
                      Letters of Credit

                  
	
                    1

                  	
                    AA-/Aa3/AA-
                      or better

                  	
                    .040%

                  	
                    .025%

                  	
                    .110%

                  
	
                    2

                  	
                    A+/A1/A+

                  	
                    .040%

                  	
                    .025%

                  	
                    .135%

                  
	
                    3

                  	
                    A/A2/A

                  	
                    .050%

                  	
                    .025%

                  	
                    .175%

                  
	
                    4

                  	
                    A-/A3/A-

                  	
                    .065%

                  	
                    .050%

                  	
                    .185%

                  
	
                    5

                  	
                    BBB+/Baa1/BBB+
                      or
                      worse

                  	
                    .080%

                  	
                    .050%

                  	
                    .270%

                  

          

          

          “Debt
            Rating”
means,
            as of any date of determination, the rating as determined
            by either S&P, Moody’s, or Fitch (collectively, the “Debt
            Ratings”)
            of the
            Borrower’s non-credit-

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          enhanced,
            senior unsecured long-term debt; provided
            that
            (with the Debt Rating for Pricing Level 1 being the highest and the Debt
            Rating
            for Pricing Level 5 being the lowest), (a) if two Debt Ratings are determined
            and there is a split rating, the higher rating will apply, and (b) if
            three Debt
            Ratings are determined and there is a split rating, (i) if two of the
            ratings
            are at the same level and the other rating is two or more levels above
            the two
            same ratings, the Applicable Margin will be based on the rating that
            is one
            level above the two same ratings, (ii) if two of the ratings are at the
            same
            level and the other rating is two or more levels below the two same ratings,
            the
            Applicable Margin will be based on the rating that is one rating below
            the two
            same ratings, and (iii) if each of the three ratings fall within different
            levels, then the Applicable Margin will be determined based on the rating
            level
            that is in between the highest and lowest ratings.)

           

          Initially,
            the Applicable Rate shall be determined based upon the Debt Rating specified
            in
            the certificate delivered pursuant to Section
            4.01(a)(vii).
            Thereafter, each change in the Applicable Rate resulting from a publicly
            announced change in the Debt Rating shall be effective during the period
            commencing on the date of the public announcement thereof and ending
            on the date
            immediately preceding the effective date of the next such change.

           

          “Approved
            Fund”
means
            any Fund that is administered or managed by (a) a Lender, (b) an Affiliate
            of a
            Lender or (c) an entity or an Affiliate of an entity that administers
            or manages
            a Lender.

           

          “Arrangers”
means,
            collectively, Banc of America Securities
            LLC, in its capacity as joint lead arranger and sole book manager, and
            Wachovia
            Capital Markets, LLC, in its capacity as joint lead arranger.

           

          “Assignee
            Group”
means
            two or more Eligible Assignees that are Affiliates of one another or
            two or more
            Approved Funds managed by the same investment advisor.

           

          “Assignment
            and Assumption”
means
            an assignment and assumption entered into by a Lender and an Eligible
            Assignee
            (with the consent of any party whose consent is required by Section
            10.06(b)),
            and
            accepted by the Administrative Agent, in substantially the form of Exhibit
            F
            or any
            other form approved by the Administrative Agent.

           

          “Attributable
            Indebtedness”
means,
            on any date, (a) in respect of any capital lease of any Person, the capitalized
            amount thereof that would appear on a balance sheet of such Person prepared
            as
            of such date in accordance with GAAP, and (b) in respect of any Synthetic
            Lease
            Obligation, the capitalized amount of the remaining lease payments under
            the
            relevant lease that would appear on a balance sheet of such Person prepared
            as
            of such date in accordance with GAAP if such lease were accounted for
            as a
            capital lease.

           

          “Audited
            Financial Statements”
means
            the audited consolidated balance sheet of the Borrower and its Subsidiaries
            for
            the fiscal year ended February 2, 2007, and the related consolidated
            statements
            of income or operations, shareholders’ equity and cash flows for such fiscal
            year of the Borrower and its Subsidiaries, including the notes
            thereto.

           

          “Availability
            Period”
means
            the period from and including the Closing Date to the earliest of (a)
            the
            Maturity Date, (b) the date of termination of the Aggregate Commitments
            

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          pursuant
            to Section
            2.07,
            and (c)
            the date of termination of the commitment of each Lender to make Loans
            and of
            the obligation of the L/C Issuer to make L/C Credit Extensions pursuant
            to
Section
            8.02.

           

          “Bank
            of America”
means
            Bank of America, N.A. and its successors.

           

          “Base
            Rate”
means
            for any day a fluctuating rate per annum equal to the higher of (a) the
            Federal
            Funds Rate plus 1/2 of 1% and (b) the rate of interest in effect for
            such day as
            publicly announced from time to time by Bank of America as its “prime rate.” The
“prime rate” is a rate set by Bank of America based upon various factors
            including Bank of America’s costs and desired return, general economic
            conditions and other factors, and is used as a reference point for pricing
            some
            loans, which may be priced at, above, or below such announced rate. Any
            change
            in such rate announced by Bank of America shall take effect at the opening
            of
            business on the day specified in the public announcement of such
            change.

           

          “Base
            Rate Committed Loan”
means
            a
            Committed Loan that is a Base Rate Loan.

           

          “Base
            Rate Loan”
means
            a
            Loan that bears interest based on the Base Rate.

           

          “Bid
            Borrowing”
means
            a
            borrowing consisting of simultaneous Bid Loans of the same Type from
            each of the
            Lenders whose offer to make one or more Bid Loans as part of such borrowing
            has
            been accepted under the auction bidding procedures described in Section
            2.03.

           

          “Bid
            Loan”
has
            the
            meaning specified in Section
            2.03(a).

           

          “Bid
            Loan Lender”
means,
            in respect of any Bid Loan, the Lender making such Bid Loan to the
            Borrower.

           

          “Bid
            Request”
means
            a
            written request for one or more Bid Loans substantially in the form of
            Exhibit
            B-1.

           

          “Borrower”
has
            the
            meaning specified in the introductory paragraph hereto.

           

          “Borrower
            Materials”
has
            the
            meaning specified in Section
            6.02.

           

          “Borrowing”
means
            a
            Committed Borrowing, a Bid Borrowing or a Swing Line Borrowing, as the
            context
            may require.

           

          “Business
            Day”
means
            any day other than a Saturday, Sunday or other day on which commercial
            banks are
            authorized to close under the Laws of, or are in fact closed in, the
            state where
            the Administrative Agent’s Office is located and, if such day relates to any
            Eurodollar Rate Loan, means any such day on which dealings in Dollar
            deposits
            are conducted by and between banks in the London interbank eurodollar
            market.

           

          “Cash
            Collateralize”
has
            the
            meaning specified in Section
            2.04(g).

           

          “Change
            in Law”
means
            the occurrence, after the date of this Agreement, of any of the following:
            (a)
            the adoption or taking effect of any law, rule, regulation or treaty,
            (b) any
            change 

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          in
            any
            law, rule, regulation or treaty or in the administration, interpretation
            or
            application thereof by any Governmental Authority or (c) the making or
            issuance
            of any request, guideline or directive (whether or not having the force
            of law)
            by any Governmental Authority.

           

          “Change
            of Control”
means
            an event or series of events by which:

           

          (a) any
            “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the
            Securities Exchange Act of 1934, but excluding any employee benefit plan
            of the
            Borrower or its Subsidiaries, including but not limited to the Lowe’s Companies,
            Inc. 401K Plan, and any person or entity acting in its capacity as trustee,
            agent or other fiduciary or administrator of any such plan) becomes the
            “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Securities
            Exchange Act of 1934, except that a person or group shall be deemed to
            have
“beneficial ownership” of all securities that such person or group has the right
            to acquire (such right, an “option
            right”),
            whether such right is exercisable immediately or only after the passage
            of
            time), directly or indirectly, of 30% or more of the equity securities of the
            Borrower entitled to vote for members of the board of directors or equivalent
            governing body of the Borrower on a fully-diluted basis (and taking into
            account
            all such securities that such person or group has the right to acquire
            pursuant
            to any option right); or

           

          (b) during
            any period of 12 consecutive months, a majority of the members of the
            board of
            directors or other equivalent governing body of the Borrower cease to
            be
            composed of individuals (i) who were members of that board or equivalent
            governing body on the first day of such period, (ii) whose election or
            nomination to that board or equivalent governing body was approved by
            individuals referred to in clause (i) above constituting at the time
            of such
            election or nomination at least a majority of that board or equivalent
            governing
            body or (iii) whose election or nomination to that board or other equivalent
            governing body was approved by individuals referred to in clauses (i)
            and (ii)
            above constituting at the time of such election or nomination at least
            a
            majority of that board or equivalent governing body (excluding, in the
            case of
            both clause (ii) and clause (iii), any individual whose initial nomination
            for,
            or assumption of office as, a member of that board or equivalent governing
            body
            occurs as a result of an actual or threatened solicitation of proxies
            or
            consents for the election or removal of one or more directors by any
            person or
            group other than a solicitation for the election of one or more directors
            by or
            on behalf of the board of directors.

           

          “Closing
            Date”
means
            the first date all the conditions precedent in Section
            4.01
            are
            satisfied or waived in accordance with Section
            10.01.

           

          “Code”
means
            the Internal Revenue Code of 1986.

           

          “Commitment”
means,
            as to each Lender, its obligation to (a) make Committed Loans to the
            Borrower
            pursuant to Section
            2.01,
            (b)
            purchase participations in L/C Obligations, and (c) purchase participations
            in
            Swing Line Loans, in an aggregate principal amount at any one time outstanding
            not to exceed the amount set forth opposite such Lender’s name on Schedule
            2.01
            or in
            the Assignment and Assumption pursuant to which such Lender becomes a
            party
            hereto, as 

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

          applicable,
            as such amount may be adjusted from time to time in accordance with this
            Agreement.

           

          “Committed
            Borrowing”
means
            a
            borrowing consisting of simultaneous Committed Loans of the same Type
            and, in
            the case of Eurodollar Rate Committed Loans, having the same Interest
            Period
            made by each of the Lenders pursuant to Section
            2.01.

           

          “Committed
            Loan”
has
            the
            meaning specified in Section
            2.01.

           

          “Committed
            Loan Notice”
means
            a
            notice of (a) a Committed Borrowing, (b) a conversion of Committed Loans
            from
            one Type to the other, or (c) a continuation of Eurodollar Rate Committed
            Loans,
            pursuant to Section
            2.02(a),
            which,
            if in writing, shall be substantially in the form of Exhibit
            A.

           

          “Competitive
            Bid”
means
            a
            written offer by a Lender to make one or more Bid Loans, substantially
            in the
            form of Exhibit
            B-2,
            duly
            completed and signed by a Lender.

           

          “Compliance
            Certificate”
means
            a
            certificate substantially in the form of Exhibit
            E.

           

          “Consolidated
            Adjusted Funded Debt”
means,
            as of any date of determination, for the Borrower and its Subsidiaries
            on a
            consolidated basis, the sum of (i) the total amount of Consolidated Funded
            Debt,
            plus (ii) the Debt Equivalent of Operating Leases.

           

          “Consolidated
            Funded Debt”
means,
            as of any date of determination, for the Borrower and its Subsidiaries
            on a
            consolidated basis, the sum of (a) the outstanding principal amount of
            all
            obligations, whether current or long-term, for borrowed money (including
            Obligations hereunder) and all obligations evidenced by bonds, debentures,
            notes, loan agreements or other similar instruments, (b) all purchase
            money
            Indebtedness, (c) all direct obligations to reimburse amounts paid under
            standby
            letters of credit, bankers’ acceptances, bank guaranties, surety bonds and
            similar instruments, (d) all obligations in respect of the deferred purchase
            price of property or services (other than trade accounts payable in the
            ordinary
            course of business), (e) Attributable Indebtedness in respect of capital
            leases
            and Synthetic Lease Obligations, (f) without duplication, all Guarantees
            with
            respect to outstanding Indebtedness of the types specified in clauses
            (a)
            through (e) above of Persons other than the Borrower or any Subsidiary,
            (g) all
            Indebtedness of the types referred to in clauses (a) through (f) above
            of any
            partnership or joint venture (other than a joint venture that is itself
            a
            corporation or limited liability company) in which the Borrower or a
            Subsidiary
            is a general partner or joint venturer, unless such Indebtedness is expressly
            made non-recourse to the Borrower or such Subsidiary, (h)
            with
            respect to any accounts receivable securitization transaction (i) the
            unrecovered investment of purchasers or transferees of assets so transferred
            and
            (ii) the aggregate amount of any other payment, recourse, repurchase,
            hold
            harmless, indemnity or similar obligation of the Borrower or any of its
            Subsidiaries in respect of assets transferred or payments made in respect
            thereof, other than limited recourse provisions that are customary for
            transactions of such type and that neither (x) have the effect of limiting
            the
            loss or credit risk of such purchasers or transferees with respect to
            payment or
            performance by the obligors of the assets so transferred nor (y) impair
            the
            characterization of the transaction as a true sale under applicable Laws
            (including Debtor Relief Laws).
            

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          “Consolidated
            Tangible Net Worth”
means,
            as of any date of determination, for the Borrower and its Subsidiaries
            on a
            consolidated basis, Shareholders’ Equity of the Borrower and its Subsidiaries on
            that date minus
            the
            Intangible Assets of the Borrower and its Subsidiaries on that
            date.

           

          “Consolidated
            Total Assets”
means,
            as of any date of determination, for the Borrower and its Subsidiaries
            on a
            consolidated basis, the total assets of the Borrower and its Subsidiaries
            as set
            forth or reflected on the most recent consolidated balance sheet of the
            Borrower
            and its Subsidiaries, prepared in accordance with GAAP.

           

          “Contractual
            Obligation”
means,
            as to any Person, any provision of any security issued by such Person
            or of any
            agreement, instrument or other undertaking to which such Person is a
            party or by
            which it or any of its property is bound.

           

          “Control”
means
            the possession, directly or indirectly, of the power to direct or cause
            the
            direction of the management or policies of a Person, whether through
            the ability
            to exercise voting power, by contract or otherwise. “Controlling”
and
            “Controlled”
have
            meanings correlative thereto.

           

          “Credit
            Extension”
means
            each of the following: (a) a Borrowing and (b) an L/C Credit
            Extension.

           

          “Debt
            Equivalent of Operating Leases”
means,
            as of any date of determination, for the Borrower and its Subsidiaries
            on a
            consolidated basis, the present value (calculated at a discount rate
            of 10%) of
            the Future Minimum Rental Payments.

           

          “Debt
            Rating”
has
            the
            meaning specified in the definition of “Applicable Rate.”

           

          “Debtor
            Relief Laws”
means
            the Bankruptcy Code of the United States, and all other liquidation,
            conservatorship, bankruptcy, assignment for the benefit of creditors,
            moratorium, rearrangement, receivership, insolvency, reorganization,
            or similar
            debtor relief Laws of the United States or other applicable jurisdictions
            from
            time to time in effect and affecting the rights of creditors
            generally.

           

          “Default”
means
            any event or condition that constitutes an Event of Default or that,
            with the
            giving of any notice, the passage of time, or both, would be an Event
            of
            Default.

           

          “Default
            Rate”
means
            (a) when used with respect to Obligations other than Letter of Credit
            Fees, an
            interest rate equal to 2% per annum in excess of the rate otherwise applicable,
            or, if no rate is specified then a rate equal to the sum of (i) the Base
            Rate
plus
            (ii) the
            Applicable Rate, if any, applicable to Base Rate Loans plus
            (iii) 2%
            per annum; and (b) when used with respect to Letter of Credit Fees, a
            rate equal
            to the Applicable Rate plus 2% per annum.

           

          “Defaulting
            Lender”
means
            any Lender that (a) has failed to fund any portion of the Committed Loans,
            participations in L/C Obligations or participations in Swing Line Loans
            required
            to be funded by it hereunder within one Business Day of the date required
            to be
            funded by it hereunder, unless such failure has been cured, (b) has otherwise
            failed to pay over to the Administrative Agent or any other Lender any
            other
            amount required to be paid by it hereunder 

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          within
            one Business Day of the date when due, unless the subject of a good faith
            dispute, unless such failure has been cured or (c) has been deemed insolvent
            or
            become the subject of a bankruptcy or insolvency proceeding. 

           

          “Disposition”
or
            “Dispose”
means
            the sale, transfer, license, lease or other disposition (including any
            sale and
            leaseback transaction) of any property by any Person, including any sale,
            assignment, transfer or other disposal, with or without recourse, of
            any notes
            or accounts receivable or any rights and claims associated
            therewith.

           

          “Dollar”
and
            “$”
mean
            lawful money of the United States.

           

          “Eligible
            Assignee”
means
            (a) a Lender; (b) an Affiliate of a Lender; (c) an Approved Fund; and
            (d) any
            other Person (other than a natural person) approved by (i) the Administrative
            Agent, each L/C Issuer (but not including any L/C Issuer that has been
            removed
            or has resigned as such) and the Swing Line Lender, and (ii) unless an
            Event of
            Default has occurred and is continuing, the Borrower (each such approval
            not to
            be unreasonably withheld or delayed); provided
            that
            notwithstanding the foregoing, “Eligible Assignee” shall not include the
            Borrower or any of the Borrower’s Affiliates or Subsidiaries.

           

          “Environmental
            Laws”
means
            any and all Federal, state, local, and foreign statutes, laws, regulations,
            ordinances, rules, judgments, orders, decrees, permits, concessions,
            grants,
            franchises, licenses, agreements or governmental restrictions relating
            to
            pollution and the protection of the environment or the release of any
            materials
            into the environment, including those related to hazardous substances
            or wastes,
            air emissions and discharges to waste or public systems.

           

          “Environmental
            Liability”
means
            any liability, contingent or otherwise (including any liability for damages,
            costs of environmental remediation, fines, penalties or indemnities),
            of the
            Borrower or any of its Subsidiaries directly or indirectly resulting
            from or
            based upon (a) violation of any Environmental Law, (b) the generation,
            use,
            handling, transportation, storage, treatment or disposal of any Hazardous
            Materials, (c) exposure to any Hazardous Materials, (d) the release or
            threatened release of any Hazardous Materials into the environment or
            (e) any
            contract, agreement or other consensual arrangement pursuant to which
            liability
            is assumed or imposed with respect to any of the foregoing.

           

          “ERISA”
means
            the Employee Retirement Income Security Act of 1974.

           

          “ERISA
            Affiliate”
means
            any trade or business (whether or not incorporated) under common control
            with
            the Borrower within the meaning of Section 414(b) or (c) of the Code
            (and
            Sections 414(m) and (o) of the Code for purposes of provisions relating
            to
            Section 412 of the Code).

           

          “ERISA
            Event”
means
            (a) a Reportable Event with respect to a Pension Plan; (b) a withdrawal
            by the
            Borrower or any ERISA Affiliate from a Pension Plan subject to Section
            4063 of
            ERISA during a plan year in which it was a substantial employer (as defined
            in
            Section 4001(a)(2) of ERISA) or a cessation of operations that is treated
            as
            such a withdrawal under Section 4062(e) of ERISA; (c) a complete or partial
            withdrawal by the Borrower or any ERISA Affiliate from a Multiemployer
            Plan or
            notification that a Multiemployer Plan is insolvent or in 

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          reorganization;
            (d) the filing of a notice of intent to terminate, the treatment of a
            Plan
            amendment as a termination under Sections 4041 or 4041A of ERISA, or
            the
            commencement of proceedings by the PBGC to terminate a Pension Plan or
            Multiemployer Plan; (e) an event or condition which constitutes grounds
            under
            Section 4042 of ERISA for the termination of, or the appointment of a
            trustee to
            administer, any Pension Plan or Multiemployer Plan; or (f) the imposition
            of any
            liability under Title IV of ERISA, other than for PBGC premiums due but
            not
            delinquent under Section 4007 of ERISA, upon the Borrower or any ERISA
            Affiliate. 

           

          “Eurodollar
            Bid Margin”
means
            the margin above or below the Eurodollar Base Rate to be added to or
            subtracted
            from the Eurodollar Base Rate, which margin shall be expressed in multiples
            of
            1/100th of one basis point.

           

          “Eurodollar
            Margin Bid Loan”
means
            a
            Bid Loan that bears interest at a rate based upon the Eurodollar Base
            Rate.

           

          “Eurodollar
            Rate”
means,
            for any Interest Period with respect to a Eurodollar Rate Loan, the rate
            per
            annum equal to the British Bankers Association LIBOR Rate (“BBA
            LIBOR”),
            as
            published by Reuters (or other commercially available source providing
            quotations of BBA LIBOR as designated by the Administrative Agent from
            time to
            time) at approximately 11:00 a.m., London time, two Business Days prior
            to the
            commencement of such Interest Period, for Dollar deposits (for delivery
            on the
            first day of such Interest Period) with a term equivalent to such Interest
            Period. If such rate is not available at such time for any reason, then
            the
“Eurodollar Rate” for such Interest Period shall be the rate per annum
            determined by the Administrative Agent to be the rate at which deposits
            in
            Dollars for delivery on the first day of such Interest Period in same
            day funds
            in the approximate amount of the Eurodollar Rate Loan being made, continued
            or
            converted by Bank of America and with a term equivalent to such Interest
            Period
            would be offered by Bank of America’s London Branch to major banks in the London
            interbank eurodollar market at their request at approximately 11:00 a.m.
            (London
            time) two Business Days prior to the commencement of such Interest
            Period.

           

          “Eurodollar
            Rate Committed Loan”
means
            a
            Committed Loan that bears interest at a rate based on the Eurodollar
            Rate.

           

          “Eurodollar
            Rate Loan”
means
            a
            Eurodollar Rate Committed Loan or a Eurodollar Margin Bid Loan.

           

          “Event
            of Default”
has
            the
            meaning specified in Section
            8.01.

           

          “Excluded
            Taxes”
means,
            with respect to the Administrative Agent, any Lender, the L/C Issuer
            or any
            other recipient of any payment to be made by or on account of any obligation
            of
            the Borrower hereunder, (a) taxes imposed on or measured by its overall
            net
            income (however denominated), and franchise taxes imposed on it (in lieu
            of net
            income taxes), by the jurisdiction (or any political subdivision thereof)
            under
            the laws of which such recipient is organized or in which its principal
            office
            is located or, in the case of any Lender, in which its applicable Lending
            Office
            is located, (b) any branch profits taxes imposed by the United States
            or any
            similar tax imposed by any other jurisdiction in which the Borrower is
            located
            and (c) in the case of a Foreign Lender (other than an assignee pursuant
            to a
            request by the Borrower under Section
            

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          10.13),
            any
            withholding tax that is imposed on amounts payable to such Foreign Lender
            at the
            time such Foreign Lender becomes a party hereto (or designates a new
            Lending
            Office) or is attributable to such Foreign Lender’s failure or inability (other
            than as a result of a Change in Law) to comply with Section
            3.01(e),
            except
            to the extent that such Foreign Lender (or its assignor, if any) was
            entitled,
            at the time of designation of a new Lending Office (or assignment), to
            receive
            additional amounts from the Borrower with respect to such withholding
            tax
            pursuant to Section
            3.01(a).

           

          “Existing
            Credit Agreement
            has the
            meaning specified in the introductory paragraph hereto.

           

          “Federal
            Funds Rate”
means,
            for any day, the rate per annum equal to the weighted average of the
            rates on
            overnight Federal funds transactions with members of the Federal Reserve
            System
            arranged by Federal funds brokers on such day, as published by the Federal
            Reserve Bank of New York on the Business Day next succeeding such day;
            provided
            that (a)
            if such day is not a Business Day, the Federal Funds Rate for such day
            shall be
            such rate on such transactions on the next preceding Business Day as
            so
            published on the next succeeding Business Day, and (b) if no such rate
            is so
            published on such next succeeding Business Day, the Federal Funds Rate
            for such
            day shall be the average rate (rounded upward, if necessary, to a whole
            multiple
            of 1/100 of 1%) charged to Bank of America on such day on such transactions
            as
            determined by the Administrative Agent.

           

          “Fee
            Letter”
means
            the letter agreement, dated May 25, 2007, among the Borrower, the Administrative
            Agent and Banc of America Securities LLC.

           

          “Fitch”
means
            Fitch, Inc. and any successor thereto.

           

          “Foreign
            Lender”
means
            any Lender that is organized under the laws of a jurisdiction other than
            that in
            which the Borrower is resident for tax purposes. For purposes of this
            definition, the United States, each State thereof and the District of
            Columbia
            shall be deemed to constitute a single jurisdiction.

           

          “FRB”
means
            the Board of Governors of the Federal Reserve System of the United
            States.

           

          “Fund”
means
            any Person (other than a natural person) that is (or will be) engaged
            in making,
            purchasing, holding or otherwise investing in commercial loans and similar
            extensions of credit in the ordinary course of its business.

           

          “Future
            Minimum Rental Payments”
means,
            at any time, the total aggregate amount of all future minimum rental
            payments of
            the Borrower and its Subsidiaries required under operating leases, having
            initial or remaining noncancelable lease terms in excess of one year,
            as set
            forth or reflected in the most recent consolidated financial statements,
            including the notes thereto, of the Borrower and its Subsidiaries prepared
            in
            accordance with GAAP.

           

          “GAAP”
means
            generally accepted accounting principles in the United States set forth
            in the
            opinions and pronouncements of the Accounting Principles Board and the
            American
            Institute of Certified Public Accountants and statements and pronouncements
            of
            the Financial Accounting 

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          Standards
            Board or such other principles as may be approved by a significant segment
            of
            the accounting profession in the United States, that are applicable to
            the
            circumstances as of the date of determination, consistently
            applied.

           

          “Governmental
            Authority”
means
            the government of the United States or any other nation, or of any political
            subdivision thereof, whether state or local, and any agency, authority,
            instrumentality, regulatory body, court, central bank or other entity
            exercising
            executive, legislative, judicial, taxing, regulatory or administrative
            powers or
            functions of or pertaining to government (including any supra-national bodies
            such as the European Union or the European Central Bank).

           

          “Guarantee”
means,
            as to any Person, any (a) any obligation, contingent or otherwise, of
            such
            Person guaranteeing or having the economic effect of guaranteeing any
            Indebtedness or other obligation payable or performable by another Person
            (the
“primary obligor”) in any manner, whether directly or indirectly, and including
            any obligation of such Person, direct or indirect, (i) to purchase or
            pay (or
            advance or supply funds for the purchase or payment of) such Indebtedness
            or
            other obligation, (ii) to purchase or lease property, securities or services
            for
            the purpose of assuring the obligee in respect of such Indebtedness or
            other
            obligation of the payment or performance of such Indebtedness or other
            obligation, (iii) to maintain working capital, equity capital or any
            other
            financial statement condition or liquidity or level of income or cash
            flow of
            the primary obligor so as to enable the primary obligor to pay such Indebtedness
            or other obligation, or (iv) entered into for the purpose of assuring
            in any
            other manner the obligee in respect of such Indebtedness or other obligation
            of
            the payment or performance thereof or to protect such obligee against
            loss in
            respect thereof (in whole or in part), or (b) any Lien on any assets
            of such
            Person securing any Indebtedness or other obligation of any other Person,
            whether or not such Indebtedness or other obligation is assumed by such
            Person
            (or any right, contingent or otherwise, of any holder of such Indebtedness
            to
            obtain any such Lien). The amount of any Guarantee shall be deemed to
            be an
            amount equal to the stated or determinable amount of the related primary
            obligation, or portion thereof, in respect of which such Guarantee is
            made or,
            if not stated or determinable, the maximum reasonably anticipated liability
            in
            respect thereof as determined by the guaranteeing Person in good faith.
            The term
“Guarantee” as a verb has a corresponding meaning.

           

          “Hazardous
            Materials”
means
            all explosive or radioactive substances or wastes and all hazardous or
            toxic
            substances, wastes or other pollutants, including petroleum or petroleum
            distillates, asbestos or asbestos-containing materials, polychlorinated
            biphenyls, radon gas, infectious or medical wastes and all other substances
            or
            wastes of any nature regulated pursuant to any Environmental Law. 

           

          “Indebtedness”
means,
            as to any Person at a particular time, without duplication, all of the
            following, whether or not included as indebtedness or liabilities in
            accordance
            with GAAP:

           

          (a) all
            obligations of such Person for borrowed money and all obligations of
            such Person
            evidenced by bonds, debentures, notes, loan agreements or other similar
            instruments;

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          (b) all
            direct or contingent obligations of such Person arising under standby
            letters of
            credit, bankers’ acceptances, bank guaranties, surety bonds and similar
            instruments;

           

          (c) net
            obligations of such Person under any Swap Contract;

           

          (d) all
            obligations of such Person to pay the deferred purchase price of property
            or
            services (other than trade accounts payable in the ordinary course of
            business);

           

          (e) indebtedness
            (excluding prepaid interest thereon) secured by a Lien on property owned
            or
            being purchased by such Person (including indebtedness arising under
            conditional
            sales or other title retention agreements), whether or not such indebtedness
            shall have been assumed by such Person or is limited in recourse;

           

          (f) capital
            leases and Synthetic Lease Obligations;

           

          (g) all
            obligations of such Person to purchase, redeem, retire, defease or otherwise
            make any payment in respect of any Equity Interest in such Person or
            any other
            Person, valued, in the case of a redeemable preferred interest, at the
            greater
            of its voluntary or involuntary liquidation preference plus
            accrued
            and unpaid dividends; and

           

          (h) all
            Guarantees of such Person in respect of any of the foregoing.

           

          For
            all
            purposes hereof, the Indebtedness of any Person shall include the Indebtedness
            of any partnership or joint venture (other than a joint venture that
            is itself a
            corporation or limited liability company) in which such Person is a general
            partner or a joint venturer, unless such Indebtedness is expressly made
            non-recourse to such Person. The amount of any net obligation under any
            Swap
            Contract on any date shall be deemed to be the Swap Termination Value
            thereof as
            of such date. The amount of any capital lease or Synthetic Lease Obligation
            as
            of any date shall be deemed to be the amount of Attributable Indebtedness
            in
            respect thereof as of such date.

           

          “Indemnified
            Taxes”
means
            Taxes other than Excluded Taxes.

           

          “Indemnitee”
has
            the
            meaning specified in Section
            10.04(b).

           

          “Information”
has
            the
            meaning specified in Section
            10.07.

           

          “Intangible
            Assets”
means
            assets that are considered to be intangible assets under GAAP.

           

          “Interest
            Payment Date”
means,
            (a) as to any Loan other than a Base Rate Loan, the last day of each
            Interest
            Period applicable to such Loan and the Maturity Date; provided,
            however,
            that if
            any Interest Period for a Eurodollar Rate Loan exceeds three months,
            the
            respective dates that fall every three months after the beginning of
            such
            Interest Period shall also be Interest Payment Dates; and (b) as to any
            Base
            Rate Loan (including a Swing Line Loan), the last Business Day of each
            March,
            June, September and December (commencing on September 28, 2007) and the
            Maturity
            Date.

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          “Interest
            Period”
means
            (a) as to each Eurodollar Rate Loan, the period commencing on the date
            such
            Eurodollar Rate Loan is disbursed or (in the case of any Eurodollar Rate
            Committed Loan) converted to or continued as a Eurodollar Rate Loan and
            ending
            on the date one, two, three or six months thereafter, as selected by
            the
            Borrower in its Committed Loan Notice or Bid Request, as the case may
            be; and
            (b) as to each Absolute Rate Loan, a period of not less than 7 days and
            not more
            than 180 days as selected by the Borrower in its Bid Request; provided
            that:

           

          (i) any
            Interest Period that would otherwise end on a day that is not a Business
            Day
            shall be extended to the next succeeding Business Day unless, in the
            case of a
            Eurodollar Rate Loan, such Business Day falls in another calendar month,
            in
            which case such Interest Period shall end on the next preceding Business
            Day;

           

          (ii) any
            Interest Period pertaining to a Eurodollar Rate Loan that begins on the
            last
            Business Day of a calendar month (or on a day for which there is no numerically
            corresponding day in the calendar month at the end of such Interest Period)
            shall end on the last Business Day of the calendar month at the end of
            such
            Interest Period; and

           

          (iii) no
            Interest Period shall extend beyond the Maturity Date.

           

          “IRS”
means
            the United States Internal Revenue Service.

           

          “ISP”
means,
            with respect to any Letter of Credit, the “International Standby Practices 1998”
published by the Institute of International Banking Law & Practice (or such
            later version thereof as may be in effect at the time of issuance).

           

          “Issuer
            Documents”
means
            with respect to any Letter of Credit, the Letter Credit Application,
            and any
            other document, agreement and instrument entered into by the L/C Issuer
            and the
            Borrower (or any Subsidiary) or in favor the L/C Issuer and relating
            to any such
            Letter of Credit.

           

          “Laws”
means,
            collectively, all international, foreign, Federal, state and local statutes,
            treaties, rules, guidelines, regulations, ordinances, codes and administrative
            or judicial precedents or authorities, including the interpretation or
            administration thereof by any Governmental Authority charged with the
            enforcement, interpretation or administration thereof, and all applicable
            administrative orders, directed duties, requests, licenses, authorizations
            and
            permits of, and agreements with, any Governmental Authority, in each
            case
            whether or not having the force of law.

           

          “L/C
            Advance”
means,
            with respect to each Lender, such Lender’s funding of its participation in any
            L/C Borrowing in accordance with its Applicable Percentage.

           

          “L/C
            Borrowing”
means
            an extension of credit resulting from a drawing under any Letter of Credit
            which
            has not been reimbursed on the date when made or refinanced as a Committed
            Borrowing.

           

          “L/C
            Credit Extension”
means,
            with respect to any Letter of Credit, the issuance thereof or extension
            of the
            expiry date thereof, or the increase of the amount thereof.

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          “L/C
            Issuer”
means
            Bank of America and Wachovia Bank, National Association, in their capacities
            as
            issuers of Letters of Credit hereunder, and any other Lender selected
            by the
            Borrower, approved by the Administrative Agent and agreeing to be an
            L/C Issuer
            hereunder; provided, however, that there shall be no more than two (2)
            L/C
            Issuers at any one time. All references to the L/C Issuer shall mean
            any L/C
            Issuer, the L/C Issuer issuing the applicable Letter of Credit, or all
            L/C
            Issuers, as the context may imply. 

           

          “L/C
            Obligations”
means,
            as at any date of determination, the aggregate amount available to be
            drawn of
            all outstanding Letters of Credit plus
            the
            aggregate of all Unreimbursed Amounts, including all L/C Borrowings.
            For
            purposes of computing the amount available to be drawn under any Letter
            of
            Credit, the amount of such Letter of Credit shall be determined in accordance
            with Section
            1.06.
            For all
            purposes of this Agreement, if on any date of determination a Letter
            of Credit
            has expired by its terms but any amount may still be drawn thereunder
            by reason
            of the operation of Rule 3.14 of the ISP, such Letter of Credit shall
            be deemed
            to be “outstanding” in the amount so remaining available to be
            drawn.

           

          “Lender”
has
            the
            meaning specified in the introductory paragraph hereto and, as the context
            requires, includes the Swing Line Lender.

           

          “Lending
            Office”
means,
            as to any Lender, the office or offices of such Lender described as such
            in such
            Lender’s Administrative Questionnaire, or such other office or offices as a
            Lender may from time to time notify the Borrower and the Administrative
            Agent.

           

          “Letter
            of Credit”
means
            any letter of credit issued hereunder. A Letter of Credit may be a commercial
            letter of credit or a standby letter of credit.

           

          “Letter
            of Credit Application”
means
            an application and agreement for the issuance or amendment of a Letter
            of Credit
            in the form from time to time in use by the L/C Issuer.

           

          “Letter
            of Credit Expiration Date”
means
            the day that is three days prior to the Maturity Date then in effect
            (or, if
            such day is not a Business Day, the next preceding Business Day).

           

          “Letter
            of Credit Fee”
has
            the
            meaning specified in Section
            2.04(i).

           

          “Letter
            of Credit Sublimit”
means
            an amount equal to the lesser of (i) $500,000,000 and (ii) the Aggregate
            Commitments. The Letter of Credit Sublimit is part of, and not in addition
            to,
            the Aggregate Commitments.

           

          “Lien”
means
            any mortgage, pledge, hypothecation, assignment, deposit arrangement,
            encumbrance, lien (statutory or other), charge, or preference, priority
            or other
            security interest or preferential arrangement in the nature of a security
            interest of any kind or nature whatsoever (including any conditional
            sale or
            other title retention agreement, any easement, right of way or other
            encumbrance
            on title to real property, and any financing lease having substantially
            the same
            economic effect as any of the foregoing).

           

          “Loan”
means
            an extension of credit by a Lender to the Borrower under Article
            II
            in the
            form of a Committed Loan, a Bid Loan or a Swing Line Loan.

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          “Loan
            Documents”
means
            this Agreement, each Note, each Issuer Document, and the Fee Letter.
            

           

          “Material
            Adverse Effect”
means,
            with respect to any event, act, condition or occurrence of whatever nature
            (including any adverse determination in any litigation, arbitration or
            governmental investigation or proceeding), whether singly or in conjunction
            with
            any other event or events, act or acts, condition or conditions, occurrence
            or
            occurrences, whether or not related, a material adverse change in, or
            a material
            adverse effect upon any of (a) the financial condition, operations, business
            or
            properties of the Borrower and its Subsidiaries taken as a whole; (b)
            the rights
            and remedies of the Administrative Agent or the Lenders under the Loan
            Documents
            or the ability of the Borrower to perform its obligations under any Loan
            Document, or (c) the legality, validity, or enforceability of any Loan
            Document.

           

          “Maturity
            Date”
means
            June 15, 2012.

           

          “Moody’s”
means
            Moody’s Investors Service, Inc. and any successor thereto.

           

          “Multiemployer
            Plan”
means
            any employee benefit plan of the type described in Section 4001(a)(3)
            of
            ERISA.

           

          “Note”
means
            a
            promissory note made by the Borrower in favor of a Lender evidencing
            Loans made
            by such Lender, substantially in the form of Exhibit
            D.

           

          “Obligations”
means
            all advances to, and debts, liabilities, obligations, covenants and duties
            of,
            the Borrower arising under any Loan Document or otherwise with respect
            to any
            Loan or Letter of Credit, whether direct or indirect (including those
            acquired
            by assumption), absolute or contingent, due or to become due, now existing
            or
            hereafter arising and including interest and fees that accrue after the
            commencement by or against the Borrower or any Affiliate thereof of any
            proceeding under any Debtor Relief Laws naming such Person as the debtor
            in such
            proceeding, regardless of whether such interest and fees are allowed
            claims in
            such proceeding. 

           

          “Organization
            Documents”
means,
            (a) with respect to any corporation, the certificate or articles of
            incorporation and the bylaws (or equivalent or comparable constitutive
            documents
            with respect to any non-U.S. jurisdiction); (b) with respect to any limited
            liability company, the certificate or articles of formation or organization
            and
            operating agreement; and (c) with respect to any partnership, joint venture,
            trust or other form of business entity, the partnership, joint venture
            or other
            applicable agreement of formation or organization and any agreement,
            instrument,
            filing or notice with respect thereto filed in connection with its formation
            or
            organization with the applicable Governmental Authority in the jurisdiction
            of
            its formation or organization and, if applicable, any certificate or
            articles of
            formation or organization of such entity.

           

          “Other
            Taxes”
means
            all present or future stamp or documentary taxes or any other excise
            or property
            taxes, charges or similar levies arising from any payment made hereunder
            or
            under any other Loan Document or from the execution, delivery or enforcement
            of,
            or otherwise with respect to, this Agreement or any other Loan
            Document.

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          “Outstanding
            Amount”
means
            (i) with respect to Committed Loans and Swing Line Loans on any date,
            the
            aggregate outstanding principal amount thereof after giving effect to
            any
            borrowings and prepayments or repayments of Committed Loans and Swing
            Line
            Loans, as the case may be, occurring on such date; and (ii) with respect
            to any
            L/C Obligations on any date, the amount of such L/C Obligations on such
            date
            after giving effect to any L/C Credit Extension occurring on such date
            and any
            other changes in the aggregate amount of the L/C Obligations as of such
            date,
            including as a result of any reimbursements by the Borrower of Unreimbursed
            Amounts.

           

          “Participant”
has
            the
            meaning specified in Section
            10.06(d).

           

          “PBGC”
means
            the Pension Benefit Guaranty Corporation.

           

          “Pension
            Plan”
means
            any “employee pension benefit plan” (as such term is defined in Section 3(2) of
            ERISA), other than a Multiemployer Plan, that is subject to Title IV
            of ERISA
            and is sponsored or maintained by the Borrower or any ERISA Affiliate
            or to
            which the Borrower or any ERISA Affiliate contributes or has an obligation
            to
            contribute, or in the case of a multiple employer or other plan described
            in
            Section 4064(a) of ERISA, has made contributions at any time during the
            immediately preceding five plan years.

           

          “Person”
means
            any natural person, corporation, limited liability company, trust, joint
            venture, association, company, partnership, Governmental Authority or
            other
            entity.

           

          “Plan”
means
            any “employee benefit plan” (as such term is defined in Section 3(3) of ERISA)
            established by the Borrower or, with respect to any such plan that is
            subject to
            Section 412 of the Code or Title IV of ERISA, any ERISA Affiliate.

           

          “Platform”
has
            the
            meaning specified in Section
            6.02.

           

          “Register”
has
            the
            meaning specified in Section
            10.06(c).

           

          “Related
            Parties”
means,
            with respect to any Person, such Person’s Affiliates and the partners,
            directors, officers, employees, agents and advisors of such Person and
            of such
            Person’s Affiliates.

           

          “Reportable
            Event”
means
            any of the events set forth in Section 4043(c) of ERISA, other than an
            event for
            which the requirement has been waived by regulation.

           

          “Request
            for Credit Extension”
means
            (a) with respect to a Borrowing, conversion or continuation of Committed
            Loans,
            a Committed Loan Notice, (b) with respect to a Bid Loan, a Bid Request,
            (c) with
            respect to an L/C Credit Extension, a Letter of Credit Application, and
            (d) with
            respect to a Swing Line Loan, a Swing Line Loan Notice.

           

          “Required
            Lenders”
means,
            as of any date of determination, Lenders having more than 50% of the
            Aggregate
            Commitments or, if the commitment of each Lender to make Loans and the
            obligation of the L/C Issuer to make L/C Credit Extensions have been
            terminated
            pursuant to Section
            8.02,
            Lenders
            holding in the aggregate more than 50% of the Total Outstandings (with
            the
            aggregate amount of each Lender’s risk participation and funded participation in
            L/C 

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

          Obligations
            and Swing Line Loans being deemed “held” by such Lender for purposes of this
            definition); provided
            that the
            Commitment of, and the portion of the Total Outstandings held or deemed
            held by,
            any Defaulting Lender shall be excluded for purposes of making a determination
            of Required Lenders.

           

          “Responsible
            Officer”
means
            any of the Chief Executive Officer, President, Chief Operating Officer,
            Chief
            Financial Officer, Executive Vice President, Senior Vice President, Vice
            President (including without limitation Vice President Tax), General
            Counsel,
            Secretary, Chief Compliance Officer, Chief Accounting Officer, Treasurer
            or
            Assistant Treasurer of the Borrower. Any document delivered hereunder
            that is
            signed by a Responsible Officer of the Borrower shall be conclusively
            presumed
            to have been authorized by all necessary corporate, partnership and/or
            other
            action on the part of the Borrower and such Responsible Officer shall
            be
            conclusively presumed to have acted on behalf of the Borrower.

           

          “S&P”
means
            Standard & Poor’s Ratings Services, a division of The McGraw-Hill Companies,
            Inc. and any successor thereto.

           

          “SEC”
means
            the Securities and Exchange Commission, or any Governmental Authority
            succeeding
            to any of its principal functions.

           

          “Shareholders’
            Equity”
means,
            as of any date of determination, consolidated shareholders’ equity of the
            Borrower and its Subsidiaries as of that date determined in accordance
            with
            GAAP.

           

          “Subsidiary”
of
            a
            Person means a corporation, partnership, joint venture, limited liability
            company or other business entity of which a majority of the shares of
            securities
            or other interests having ordinary voting power for the election of directors
            or
            other governing body (other than securities or interests having such
            power only
            by reason of the happening of a contingency) are at the time beneficially
            owned,
            or the management of which is otherwise controlled, directly, or indirectly
            through one or more intermediaries, or both, by such Person. Unless otherwise
            specified, all references herein to a “Subsidiary” or to “Subsidiaries” shall
            refer to a Subsidiary or Subsidiaries of the Borrower.

           

          “Swap
            Contract”
means
            (a) any and all rate swap transactions, basis swaps, credit derivative
            transactions, forward rate transactions, commodity swaps, commodity options,
            forward commodity contracts, equity or equity index swaps or options,
            bond or
            bond price or bond index swaps or options or forward bond or forward
            bond price
            or forward bond index transactions, interest rate options, forward foreign
            exchange transactions, cap transactions, floor transactions, collar
            transactions, currency swap transactions, cross-currency rate swap transactions,
            currency options, spot contracts, or any other similar transactions or
            any
            combination of any of the foregoing (including any options to enter into
            any of
            the foregoing), whether or not any such transaction is governed by or
            subject to
            any master agreement, and (b) any and all transactions of any kind, and
            the
            related confirmations, which are subject to the terms and conditions
            of, or
            governed by, any form of master agreement published by the International
            Swaps
            and Derivatives Association, Inc., any International Foreign Exchange
            Master
            Agreement, or any other master agreement (any such master agreement,
            together
            with any related schedules, 

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          a
            “Master
            Agreement”),
            including any such obligations or liabilities under any Master
            Agreement.

           

          “Swap
            Termination Value”
means,
            in respect of any one or more Swap Contracts, after taking into account
            the
            effect of any legally enforceable netting agreement relating to such
            Swap
            Contracts, (a) for any date on or after the date such Swap Contracts
            have been
            closed out and termination value(s) determined in accordance therewith,
            such
            termination value(s), and (b) for any date prior to the date referenced
            in
            clause (a), the amount(s) determined as the mark-to-market value(s) for
            such
            Swap Contracts, as determined based upon one or more mid-market or other
            readily
            available quotations provided by any recognized dealer in such Swap Contracts
            (which may include a Lender or any Affiliate of a Lender).

           

          “Swing
            Line”
means
            the revolving credit facility made available by the Swing Line Lender
            pursuant
            to Section
            2.05.

           

          “Swing
            Line Borrowing”
means
            a
            borrowing of a Swing Line Loan pursuant to Section
            2.05.

           

          “Swing
            Line Lender”
means
            Bank of America in its capacity as provider of Swing Line Loans, or any
            successor swing line lender hereunder.

           

          “Swing
            Line Loan”
has
            the
            meaning specified in Section
            2.05(a).

           

          “Swing
            Line Loan Notice”
means
            a
            notice of a Swing Line Borrowing pursuant to Section
            2.05(b),
            which,
            if in writing, shall be substantially in the form of Exhibit
            C.

           

          “Swing
            Line Sublimit”
means
            an amount equal to the lesser of (a) $250,000,000 and (b) the Aggregate
            Commitments. The Swing Line Sublimit is part of, and not in addition
            to, the
            Aggregate Commitments.

           

          “Synthetic
            Lease Obligation”
means
            the monetary obligation of a Person under (a) a so-called synthetic,
            off-balance
            sheet or tax retention lease, or (b) an agreement for the use or possession
            of
            property creating obligations that do not appear on the balance sheet
            of such
            Person but which, upon the insolvency or bankruptcy of such Person, would
            be
            characterized as the indebtedness of such Person (without regard to accounting
            treatment).

           

          “Taxes”
means
            all present or future taxes, levies, imposts, duties, deductions, withholdings,
            assessments, fees or other charges imposed by any Governmental Authority,
            including any interest, additions to tax or penalties applicable thereto
            arising
            from any payment made hereunder or under any other Loan Document or from
            the
            execution, delivery or enforcement of, or otherwise with respect to,
            this
            Agreement or any other Loan Document. 

           

          “Threshold
            Amount”
means
            $100,000,000.

           

          “Total
            Capitalization”
means,
            as of any date of determination, the sum of (i) Shareholders’ Equity on such
            date plus (ii) Consolidated Adjusted Funded Debt on such date.

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          “Total
            Outstandings”
means
            the aggregate Outstanding Amount of all Loans and all L/C
            Obligations.

           

          “Type”
means
            (a) with respect to a Committed Loan, its character as a Base Rate Loan
            or a
            Eurodollar Rate Loan, and (b) with respect to a Bid Loan, its character
            as an
            Absolute Rate Loan or a Eurodollar Margin Bid Loan.

           

          “Unfunded
            Pension Liability”
means
            the excess of a Pension Plan’s benefit liabilities under Section 4001(a)(16) of
            ERISA, over the current value of that Pension Plan’s assets, determined in
            accordance with the assumptions used for funding the Pension Plan pursuant
            to
            Section 412 of the Code for the applicable plan year.

           

          “United
            States”
and
            “U.S.”
mean
            the United States of America.

           

          “Unreimbursed
            Amount”
has
            the
            meaning specified in Section
            2.04(c)(i).

          

            1.02  Other
              Interpretive Provisions. With
              reference to this Agreement and each other Loan Document, unless otherwise
              specified herein or in such other Loan Document:

             

            (a)  The
              definitions of terms herein shall apply equally to the singular and
              plural forms
              of the terms defined. Whenever the context may require, any pronoun
              shall
              include the corresponding masculine, feminine and neuter forms. The
              words
“include,”
              “includes”
and
              “including”
shall
              be deemed to be followed by the phrase “without limitation.” The word
“will”
shall
              be construed to have the same meaning and effect as the word “shall.”
Unless
              the context requires otherwise, (i) any definition of or reference
              to any
              agreement, instrument or other document (including any Organization
              Document)
              shall be construed as referring to such agreement, instrument or other
              document
              as from time to time amended, supplemented or otherwise modified (subject
              to any
              restrictions on such amendments, supplements or modifications set forth
              herein
              or in any other Loan Document), (ii) any reference herein to any Person
              shall be
              construed to include such Person’s successors and assigns, (iii) the words
“herein,”
              “hereof”
and
              “hereunder,”
and
              words of similar import when used in any Loan Document, shall be construed
              to
              refer to such Loan Document in its entirety and not to any particular
              provision
              thereof, (iv) all references in a Loan Document to Articles, Sections,
              Exhibits
              and Schedules shall be construed to refer to Articles and Sections
              of, and
              Exhibits and Schedules to, the Loan Document in which such references
              appear,
              (v) any reference to any law shall include all statutory and regulatory
              provisions consolidating, amending replacing or interpreting such law
              and any
              reference to any law or regulation shall, unless otherwise specified,
              refer to
              such law or regulation as amended, modified or supplemented from time
              to time,
              and (vi) the words “asset”
and
              “property”
shall
              be construed to have the same meaning and effect and to refer to any
              and all
              tangible and intangible assets and properties, including cash, securities,
              accounts and contract rights.

             

            (b)  In
              the
              computation of periods of time from a specified date to a later specified
              date,
              the word “from”
means
              “from
              and including;”
the
              words “to”
and
              “until”
each
              mean “to
              but
              excluding;”
and
              the word “through”
means
              “to
              and
              including.”

             

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

             

             

            (c)  Section
              headings herein and in the other Loan Documents are included for convenience
              of
              reference only and shall not affect the interpretation of this Agreement
              or any
              other Loan Document.

             

            1.03  Accounting
              Terms. 

             

            (a)  Generally.
              All
              accounting terms not specifically or completely defined herein shall
              be
              construed in conformity with, and all financial data (including financial
              ratios
              and other financial calculations) required to be submitted pursuant
              to this
              Agreement shall be prepared in conformity with, GAAP applied on a consistent
              basis, as in effect from time to time, applied in a manner consistent
              with that
              used in preparing the Audited Financial Statements (except for changes
              concurred
              in by the Borrower’s independent public accountants or otherwise required by a
              change in GAAP).

             

            (b)  Changes
              in GAAP.
              If at
              any time any change in GAAP would affect the computation of any financial
              ratio
              or requirement set forth in any Loan Document, then, unless (i) the
              Borrower shall have objected to determining compliance on such basis
              at the time
              of delivery of such financial statements, or (ii) the Required Lenders
              shall so object in writing within 30 days after delivery of such financial
              statements, in either of which events such calculations shall be made
              on a basis
              consistent with those used in the preparation of the latest financial
              statements
              as to which no such objection shall have been made.

             

            1.04  Rounding.
              Any
              financial ratios required to be maintained by the Borrower pursuant
              to this
              Agreement shall be calculated by dividing the appropriate component
              by the other
              component, carrying the result to one place more than the number of
              places by
              which such ratio is expressed herein and rounding the result up or
              down to the
              nearest number (with a rounding-up if there is no nearest number).

             

            1.05  Times
              of Day. Unless
              otherwise specified, all references herein to times of day shall be
              references
              to Eastern time (daylight or standard, as applicable).

             

            1.06  Letter
              of Credit Amounts. Unless
              otherwise specified herein, the amount of a Letter of Credit at any
              time shall
              be deemed to be the stated amount of such Letter of Credit in effect
              at such
              time; provided, however, that with respect to any Letter of Credit
              that, by its
              terms or the terms of any Issuer Document related thereto, provides
              for one or
              more automatic increases in the stated amount thereof, the amount of
              such Letter
              of Credit shall be deemed to be the maximum stated amount of such Letter
              of
              Credit after giving effect to all such increases, whether or not such
              maximum
              stated amount is in effect at such time.

             

             

            ARTICLE
              II.  

            THE
              COMMITMENTS AND CREDIT EXTENSIONS

             

            2.01  Committed
              Loans. Subject
              to the terms and conditions set forth herein, each Lender severally
              agrees to
              make loans in Dollars (each such loan, a “Committed
              Loan”)
              to the
              Borrower from time to time, on any Business Day during the Availability
              Period,
              in an aggregate amount not to exceed at any time outstanding the amount
              of such
              Lender’s Commitment; 

             

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

             

            provided,
              however,
              that
              after giving effect to any Committed Borrowing, (i) the Total Outstandings
              shall
              not exceed the Aggregate Commitments, and (ii) the aggregate Outstanding
              Amount
              of the Committed Loans of any Lender, plus
              such
              Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations,
              plus
              such
              Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line
              Loans
              shall not exceed such Lender’s Commitment. Within the limits of each Lender’s
              Commitment, and subject to the other terms and conditions hereof, the
              Borrower
              may borrow under this Section
              2.01,
              prepay
              under Section
              2.06,
              and
              reborrow under this Section
              2.01.
              Committed Loans may be Base Rate Loans or Eurodollar Rate Loans, as
              further
              provided herein.

             

            2.02  Borrowings,
              Conversions and Continuations of Committed Loans.

             

            (a)  Each
              Committed Borrowing, each conversion of Committed Loans from one Type
              to the
              other, and each continuation of Eurodollar Rate Committed Loans shall
              be made
              upon the Borrower’s irrevocable notice to the Administrative Agent, which may be
              given by telephone. Each such notice must be received by the Administrative
              Agent not later than 11:00 a.m. (i) three Business Days prior to the
              requested
              date of any Borrowing of, conversion to or continuation of Eurodollar
              Rate
              Committed Loans or of any conversion of Eurodollar Rate Committed Loans
              to Base
              Rate Committed Loans, and (ii) on the requested date of any Borrowing
              of Base
              Rate Committed Loans. Each telephonic notice by the Borrower pursuant
              to this
Section
              2.02(a)
              must be
              confirmed promptly by delivery to the Administrative Agent of a written
              Committed Loan Notice, appropriately completed and signed by a Responsible
              Officer of the Borrower. Each Borrowing of, conversion to or continuation
              of
              Eurodollar Rate Committed Loans shall be in a principal amount of $10,000,000
              or
              a whole multiple of $1,000,000 in excess thereof. Except as provided
              in
Sections
              2.04(c)
              and
2.05(c),
              each
              Borrowing of or conversion to Base Rate Committed Loans shall be in
              a principal
              amount of $2,000,000 or a whole multiple of $1,000,000 in excess thereof.
              Each
              Committed Loan Notice (whether telephonic or written) shall specify
              (i) whether
              the Borrower is requesting a Committed Borrowing, a conversion of Committed
              Loans from one Type to the other, or a continuation of Eurodollar Rate
              Committed
              Loans, (ii) the requested date of the Borrowing, conversion or continuation,
              as
              the case may be (which shall be a Business Day), (iii) the principal
              amount of
              Committed Loans to be borrowed, converted or continued, (iv) the Type
              of
              Committed Loans to be borrowed or to which existing Committed Loans
              are to be
              converted, and (v) if applicable, the duration of the Interest Period
              with
              respect thereto. If the Borrower fails to specify a Type of Committed
              Loan in a
              Committed Loan Notice or if the Borrower fails to give a timely notice
              requesting a conversion or continuation, then the applicable Committed
              Loans
              shall be made as, or converted to, Base Rate Loans. Any such automatic
              conversion to Base Rate Loans shall be effective as of the last day
              of the
              Interest Period then in effect with respect to the applicable Eurodollar
              Rate
              Committed Loans. If the Borrower requests a Borrowing of, conversion
              to, or
              continuation of Eurodollar Rate Committed Loans in any such Committed
              Loan
              Notice, but fails to specify an Interest Period, it will be deemed
              to have
              specified an Interest Period of one month.

             

            (b)  Following
              receipt of a Committed Loan Notice, the Administrative Agent shall
              promptly
              notify each Lender of the amount of its Applicable Percentage of the
              applicable
              Committed Loans, and if no timely notice of a conversion or continuation
              is
              provided by the Borrower, the Administrative Agent shall notify each
              Lender of
              the details of any automatic conversion to Base Rate Loans described
              in the
              preceding subsection. 

             

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

             

            In
              the
              case of a Committed Borrowing, each Lender shall make the amount of
              its
              Committed Loan available to the Administrative Agent in immediately
              available
              funds at the Administrative Agent’s Office not later than 1:00 p.m. on the
              Business Day specified in the applicable Committed Loan Notice. Upon
              satisfaction of the applicable conditions set forth in Section
              4.02
              (and, if
              such Borrowing is the initial Credit Extension, Section
              4.01),
              the
              Administrative Agent shall make all funds so received available to
              the Borrower
              in like funds as received by the Administrative Agent either by (i)
              crediting
              the account of the Borrower on the books of Bank of America with the
              amount of
              such funds or (ii) wire transfer of such funds, in each case in accordance
              with
              instructions provided to (and reasonably acceptable to) the Administrative
              Agent
              by the Borrower; provided,
              however,
              that
              if, on the date the Committed Loan Notice with respect to such Borrowing
              is
              given by the Borrower, there are L/C Borrowings outstanding, then the
              proceeds
              of such Borrowing, first,
              shall
              be applied to the payment in full of any such L/C Borrowings, and second,
              shall
              be made available to the Borrower as provided above.

             

            (c)  Except
              as
              otherwise provided herein, a Eurodollar Rate Committed Loan may be
              continued or
              converted only on the last day of an Interest Period for such Eurodollar
              Rate
              Committed Loan. During the existence of a Default, no Loans may be
              requested as,
              converted to or continued as Eurodollar Rate Committed Loans without
              the consent
              of the Required Lenders.

             

            (d)  The
              Administrative Agent shall promptly notify the Borrower and the Lenders of the
              interest rate applicable to any Interest Period for Eurodollar Rate
              Committed
              Loans upon determination of such interest rate. At any time that Base
              Rate Loans
              are outstanding, the Administrative Agent shall notify the Borrower
              and the
              Lenders of any change in Bank of America’s prime rate used in determining the
              Base Rate promptly following the public announcement of such
              change.

             

            (e)  After
              giving effect to all Committed Borrowings, all conversions of Committed
              Loans
              from one Type to the other, and all continuations of Committed Loans
              as the same
              Type, there shall not be more than ten Interest Periods in effect with
              respect
              to Committed Loans.

             

            2.03  Bid
              Loans.

             

            (a)  General.
              Subject
              to the terms and conditions set forth herein, each Lender agrees that
              the
              Borrower may from time to time request the Lenders to submit offers
              to make
              loans (each such loan, a “Bid
              Loan”)
              to the
              Borrower prior to the Maturity Date pursuant to this Section
              2.03;
              provided,
              however,
              that
              after giving effect to any Bid Borrowing, the Total Outstandings shall
              not
              exceed the Aggregate Commitments. There shall not be more than ten
              different
              Interest Periods in effect with respect to Bid Loans at any time.

             

            (b)  Requesting
              Competitive Bids.
              The
              Borrower may request the submission of Competitive Bids by delivering
              a Bid
              Request to the Administrative Agent not later than 12:00 noon (i) one
              Business
              Day prior to the requested date of any Bid Borrowing that is to consist
              of
              Absolute Rate Loans, or (ii) four Business Days prior to the requested
              date of
              any Bid Borrowing that is to consist of Eurodollar Margin Bid Loans.
              Each Bid
              Request shall specify (i) the requested date of the Bid Borrowing (which
              shall
              be a Business Day), (ii) the aggregate principal amount of Bid Loans
              requested
              (which must be $10,000,000 or a whole multiple of $1,000,000 in excess
              thereof),
              (iii) the Type of Bid Loans requested, and (iv) the duration of the
              Interest

             

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

             

             

            Period
              with respect thereto, and shall be signed by a Responsible Officer
              of the
              Borrower. No Bid Request shall contain a request for (i) more than
              one Type of
              Bid Loan or (ii) Bid Loans having more than three different Interest
              Periods.
              Unless the Administrative Agent otherwise agrees in its sole and absolute
              discretion, the Borrower may not submit a Bid Request if it has submitted
              another Bid Request within the prior five Business Days.

             

            (c)  Submitting
              Competitive Bids. 

             

            (i)  The
              Administrative Agent shall promptly notify each Lender of each Bid
              Request
              received by it from the Borrower and the contents of such Bid
              Request.

             

            (ii)  Each
              Lender may (but shall have no obligation to) submit a Competitive Bid
              containing
              an offer to make one or more Bid Loans in response to such Bid Request.
              Such
              Competitive Bid must be delivered to the Administrative Agent not later
              than
              10:30 a.m. (A) on the requested date of any Bid Borrowing that is to
              consist of
              Absolute Rate Loans, and (B) three Business Days prior to the requested
              date of
              any Bid Borrowing that is to consist of Eurodollar Margin Bid Loans;
              provided,
              however,
              that
              any Competitive Bid submitted by Bank of America in its capacity as
              a Lender in
              response to any Bid Request must be submitted to the Administrative
              Agent not
              later than 10:15 a.m. on the date on which Competitive Bids are required
              to be
              delivered by the other Lenders in response to such Bid Request. Each
              Competitive
              Bid shall specify (A) the proposed date of the Bid Borrowing; (B) the
              principal
              amount of each Bid Loan for which such Competitive Bid is being made,
              which
              principal amount (x) may be equal to, greater than or less than the
              Commitment
              of the bidding Lender, (y) must be $5,000,000 or a whole multiple of
              $1,000,000
              in excess thereof, and (z) may not exceed the principal amount of Bid
              Loans for
              which Competitive Bids were requested; (C) if the proposed Bid Borrowing
              is to
              consist of Absolute Rate Bid Loans, the Absolute Rate offered for each
              such Bid
              Loan and the Interest Period applicable thereto; (D) if the proposed
              Bid
              Borrowing is to consist of Eurodollar Margin Bid Loans, the Eurodollar
              Bid
              Margin with respect to each such Eurodollar Margin Bid Loan and the
              Interest
              Period applicable thereto; and (E) the identity of the bidding
              Lender.

             

            (iii)  Any
              Competitive Bid shall be disregarded if it (A) is received after the
              applicable
              time specified in clause (ii) above, (B) is not substantially in the
              form of a
              Competitive Bid as specified herein, (C) contains qualifying, conditional
              or
              similar language, (D) proposes terms other than or in addition to those
              set
              forth in the applicable Bid Request, or (E) is otherwise not responsive
              to such
              Bid Request. Any Lender may correct a Competitive Bid containing a
              manifest
              error by submitting a corrected Competitive Bid (identified as such)
              not later
              than the applicable time required for submission of Competitive Bids.
              Any such
              submission of a corrected Competitive Bid shall constitute a revocation
              of the
              Competitive Bid that contained the manifest error. The Administrative
              Agent may,
              but shall not be required to, notify any Lender of any manifest error
              it detects
              in such Lender’s Competitive Bid.

             

            (iv)  Subject
              only to the provisions of Sections
              3.02,
              3.03
              and
4.02
              and
              clause (iii) above, each Competitive Bid shall be irrevocable.

             

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

             

             

            (d)  Notice
              to Borrower of Competitive Bids.
              Not
              later than 11:00 a.m. (i) on the requested date of any Bid Borrowing
              that is to
              consist of Absolute Rate Loans, or (ii) three Business Days prior to
              the
              requested date of any Bid Borrowing that is to consist of Eurodollar
              Margin Bid
              Loans, the Administrative Agent shall notify the Borrower of the identity
              of
              each Lender that has submitted a Competitive Bid that complies with
Section
              2.03(c)
              and of
              the terms of the offers contained in each such Competitive Bid.

             

            (e)  Acceptance
              of Competitive Bids.
              Not
              later than 11:30 a.m. (i) on the requested date of any Bid Borrowing
              that is to
              consist of Absolute Rate Loans, and (ii) three Business Days prior
              to the
              requested date of any Bid Borrowing that is to consist of Eurodollar
              Margin Bid
              Loans, the Borrower shall notify the Administrative Agent of its acceptance
              or
              rejection of the offers notified to it pursuant to Section
              2.03(d).
              The
              Borrower shall be under no obligation to accept any Competitive Bid
              and may
              choose to reject all Competitive Bids. In the case of acceptance, such
              notice
              shall specify the aggregate principal amount of Competitive Bids for
              each
              Interest Period that is accepted. The Borrower may accept any Competitive
              Bid in
              whole or in part; provided
              that:

             

            (i)  the
              aggregate principal amount of each Bid Borrowing may not exceed the
              applicable
              amount set forth in the related Bid Request;

             

            (ii)  the
              principal amount of each Bid Loan must be $5,000,000 or a whole multiple
              of
              $1,000,000 in excess thereof;

             

            (iii)  the
              acceptance of offers may be made only on the basis of ascending Absolute
              Rates
              or Eurodollar Bid Margins within each Interest Period; and

             

            (iv)  the
              Borrower may not accept any offer that is described in Section
              2.03(c)(iii)
              or that
              otherwise fails to comply with the requirements hereof.

             

            (f)  Procedure
              for Identical Bids.
              If two
              or more Lenders have submitted Competitive Bids at the same Absolute
              Rate or
              Eurodollar Bid Margin, as the case may be, for the same Interest Period,
              and the
              result of accepting all of such Competitive Bids in whole (together
              with any
              other Competitive Bids at lower Absolute Rates or Eurodollar Bid Margins,
              as the
              case may be, accepted for such Interest Period in conformity with the
              requirements of Section
              2.03(e)(iii))
              would
              be to cause the aggregate outstanding principal amount of the applicable
              Bid
              Borrowing to exceed the amount specified therefor in the related Bid
              Request,
              then, unless otherwise agreed by the Borrower, the Administrative Agent
              and such
              Lenders, such Competitive Bids shall be accepted as nearly as possible
              in
              proportion to the amount offered by each such Lender in respect of
              such Interest
              Period, with such accepted amounts being rounded to the nearest whole
              multiple
              of $1,000,000.

             

            (g)  Notice
              to Lenders of Acceptance or Rejection of Bids.
              The
              Administrative Agent shall promptly notify each Lender having submitted
              a
              Competitive Bid whether or not its offer has been accepted and, if
              its offer has
              been accepted, of the amount of the Bid Loan or Bid Loans to be made
              by it on
              the date of the applicable Bid Borrowing. Any Competitive Bid or portion
              thereof
              that is not accepted by the Borrower by the applicable time specified
              in
Section
              2.03(e)
              shall be
              deemed rejected.

             

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

             

             

            (h)  Notice
              of Eurodollar Base Rate.
              If any
              Bid Borrowing is to consist of Eurodollar Margin Loans, the Administrative
              Agent
              shall determine the Eurodollar Base Rate for the relevant Interest
              Period, and
              promptly after making such determination, shall notify the Borrower
              and the
              Lenders that will be participating in such Bid Borrowing of such Eurodollar
              Base
              Rate.

             

            (i)  Funding
              of Bid Loans.
              Each
              Lender that has received notice pursuant to Section
              2.03(g)
              that all
              or a portion of its Competitive Bid has been accepted by the Borrower
              shall make
              the amount of its Bid Loan(s) available to the Administrative Agent
              in
              immediately available funds at the Administrative Agent’s Office not later than
              1:00 p.m. on the date of the requested Bid Borrowing. Upon satisfaction
              of the
              applicable conditions set forth in Section
              4.02,
              the
              Administrative Agent shall make all funds so received available to
              the Borrower
              in like funds as received by the Administrative Agent.

             

            (j)  Notice
              of Range of Bids.
              After
              each Competitive Bid auction pursuant to this Section
              2.03,
              the
              Administrative Agent shall notify each Lender that submitted a Competitive
              Bid
              in such auction of the ranges of bids submitted (without the bidder’s name) and
              accepted for each Bid Loan and the aggregate amount of each Bid
              Borrowing.

             

            2.04  Letters
              of Credit. 

             

            (a)  The
              Letter of Credit Commitment.

             

            (i)  Subject
              to the terms and conditions set forth herein, (A) each L/C Issuer agrees,
              in
              reliance upon the agreements of the Lenders set forth in this Section
              2.04,
              (1)
              from time to time on any Business Day during the period from the Closing
              Date
              until the Letter of Credit Expiration Date, to issue Letters of Credit
              for the
              account of the Borrower or its Subsidiaries, and to amend or extend
              Letters of
              Credit previously issued by it, in accordance with subsection (b) below,
              and (2)
              to honor drawings under the Letters of Credit; and (B) the Lenders
              severally
              agree to participate in Letters of Credit issued for the account of
              the Borrower
              or its Subsidiaries and any drawings thereunder; provided
              that
              after giving effect to any L/C Credit Extension with respect to any
              Letter of
              Credit, (x) the Total Outstandings shall not exceed the Aggregate Commitments,
              (y) the aggregate Outstanding Amount of the Committed Loans of any
              Lender,
plus
              such
              Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations,
              plus
              such
              Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line
              Loans
              shall not exceed such Lender’s Commitment, and (z) the Outstanding Amount of the
              L/C Obligations shall not exceed the Letter of Credit Sublimit. Each
              request by
              the Borrower for the issuance or amendment of a Letter of Credit shall
              be deemed
              to be a representation by the Borrower that the L/C Credit Extension
              so
              requested complies with the conditions set forth in the proviso to
              the preceding
              sentence. Within the foregoing limits, and subject to the terms and
              conditions
              hereof, the Borrower’s ability to obtain Letters of Credit shall be fully
              revolving, and accordingly the Borrower may, during the foregoing period,
              obtain
              Letters of Credit to replace Letters of Credit that have expired or
              that have
              been drawn upon and reimbursed.

             

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

             

             

            (ii)  No
              L/C
              Issuer shall issue any Letter of Credit, if:

             

            (A)  subject
              to Section
              2.04(b)(iii),
              the
              expiry date of such requested Letter of Credit would occur more than
              twelve
              months after the date of issuance or last extension, unless the Required
              Lenders
              have approved such expiry date; or

             

            (B)  such
              Letter of Credit is to be denominated in a currency other than Dollars;
              or

             

            (C)  the
              expiry date of such requested Letter of Credit would occur after the
              Letter of
              Credit Expiration Date, unless L/C Obligations relating to such proposed
              Letter
              of Credit and all Letter of Credit fees to accrue while such Letter
              of Credit is
              to be outstanding are Cash Collateralized on the date of issuance of
              such Letter
              of Credit in the manner described in Section
              2.04(g);

             

            (iii)  No
              L/C
              Issuer shall be under any obligation to issue any Letter of Credit
              if:

             

            (A)  any
              order, judgment or decree of any Governmental Authority or arbitrator
              shall by
              its terms purport to enjoin or restrain the L/C  Issuer from issuing such
              Letter of Credit, or any Law applicable to the L/C Issuer or any request
              or
              directive (whether or not having the force of law) from any Governmental
              Authority with jurisdiction over the L/C Issuer shall prohibit, or
              request that
              the L/C Issuer refrain from, the issuance of letters of credit generally
              or such
              Letter of Credit in particular or shall impose upon the L/C Issuer
              with respect
              to such Letter of Credit any restriction, reserve or capital requirement
              (for
              which the L/C Issuer is not otherwise compensated hereunder) not in
              effect on
              the Closing Date, or shall impose upon the L/C Issuer any unreimbursed
              loss,
              cost or expense which was not applicable on the Closing Date and which
              the L/C
              Issuer in good faith deems material to it; 

             

            (B)  the
              issuance of such Letter of Credit would violate one or more policies
              of the L/C
              Issuer; 

             

            (C)  except
              as
              otherwise agreed by the Administrative Agent and the L/C Issuer, such
              Letter of
              Credit is in an initial stated amount less than $100,000, in the case
              of a
              commercial Letter of Credit, or $500,000, in the case of a standby
              Letter of
              Credit;

             

            (D)  such
              Letter of Credit contains any provision for automatic reinstatement
              of the
              stated amount after any drawing thereunder; or

             

            (E)  a
              default
              of any Lender’s obligations to fund under Section
              2.04(c)
              exists
              or any Lender is at such time a Defaulting Lender hereunder, unless
              the L/C
              Issuer has entered into satisfactory arrangements with the Borrower
              or such
              Lender to eliminate the L/C Issuer’s risk with respect to such
              Lender.

             

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

             

             

            (iv)  No
              L/C
              Issuer shall amend any Letter of Credit if the L/C Issuer would not
              be permitted
              at such time to issue such Letter of Credit in its amended form under
              the terms
              hereof.

             

            (v)  No
              L/C
              Issuer shall be under any obligation to amend any Letter of Credit
              if (A) the
              L/C Issuer would have no obligation at such time to issue such Letter
              of Credit
              in its amended form under the terms hereof, or (B) the beneficiary
              of such
              Letter of Credit does not accept the proposed amendment to such Letter
              of
              Credit.

             

            (vi)  Each
              L/C
              Issuer shall act on behalf of the Lenders with respect to any Letters
              of Credit
              issued by it and the documents associated therewith, and each L/C Issuer
              shall
              have all of the benefits and immunities (A) provided to the Administrative
              Agent
              in Article
              IX
              with
              respect to any acts taken or omissions suffered by the L/C Issuer in
              connection
              with Letters of Credit issued by it or proposed to be issued by it
              and Issuer
              Documents pertaining to such Letters of Credit as fully as if the term
              “Administrative Agent” as used in Article
              IX
              included
              the L/C Issuer with respect to such acts or omissions, and (B) as additionally
              provided herein with respect to the L/C Issuer.

             

            (b)  Procedures
              for Issuance and Amendment of Letters of Credit; Auto-Extension Letters
              of
              Credit.

             

            (i)  Each
              Letter of Credit shall be issued or amended, as the case may be, upon
              the
              request of the Borrower delivered to the L/C Issuer (with a copy to
              the
              Administrative Agent) in the form of a Letter of Credit Application,
              appropriately completed and signed by a Responsible Officer of the
              Borrower.
              Such Letter of Credit Application must be received by the L/C Issuer
              and the
              Administrative Agent not later than 11:00 a.m. at least two Business
              Days (or
              such later date and time as the Administrative Agent and the L/C Issuer
              may
              agree in a particular instance in their sole discretion) prior to the
              proposed
              issuance date or date of amendment, as the case may be. In the case
              of a request
              for an initial issuance of a Letter of Credit, such Letter of Credit
              Application
              shall specify in form and detail satisfactory to the L/C Issuer: (A)
              the
              proposed issuance date of the requested Letter of Credit (which shall
              be a
              Business Day); (B) the amount thereof; (C) the expiry date thereof;
              (D) the name
              and address of the beneficiary thereof; (E) the documents to be presented
              by
              such beneficiary in case of any drawing thereunder; (F) the full text
              of any
              certificate to be presented by such beneficiary in case of any drawing
              thereunder; and (G) such other matters as the L/C Issuer may require.
              In the
              case of a request for an amendment of any outstanding Letter of Credit,
              such
              Letter of Credit Application shall specify in form and detail satisfactory
              to
              the L/C Issuer (A) the Letter of Credit to be amended; (B) the proposed
              date of
              amendment thereof (which shall be a Business Day); (C) the nature of
              the
              proposed amendment; and (D) such other matters as the L/C Issuer may
              require.
              Additionally, the Borrower shall furnish to the L/C Issuer and the
              Administrative Agent such other documents and information pertaining
              to such
              requested Letter of Credit issuance or amendment, including any Issuer
              Documents, as the L/C Issuer or the Administrative Agent may
              require.

             

            (ii)  Promptly
              after receipt of any Letter of Credit Application, the L/C Issuer will
              confirm
              with the Administrative Agent (by telephone or in writing) that the
              

             

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

             

             

            Administrative
              Agent has received a copy of such Letter of Credit Application from
              the Borrower
              and, if not, the L/C Issuer will provide the Administrative Agent with
              a copy
              thereof. Unless the L/C Issuer has received written notice from any
              Lender, the
              Administrative Agent or the Borrower, at least one Business Day prior
              to the
              requested date of issuance or amendment of the applicable Letter of
              Credit, that
              one or more applicable conditions contained in Article
              IV
              shall
              not then be satisfied, then, subject to the terms and conditions hereof,
              the L/C
              Issuer shall, on the requested date, issue a Letter of Credit for the
              account of
              the Borrower (or the applicable Subsidiary) or enter into the applicable
              amendment, as the case may be, in each case in accordance with the
              L/C Issuer’s
              usual and customary business practices. Immediately upon the issuance
              of each
              Letter of Credit, each Lender shall be deemed to, and hereby irrevocably
              and
              unconditionally agrees to, purchase from the L/C Issuer a risk participation
              in
              such Letter of Credit in an amount equal to the product of such Lender’s
              Applicable Percentage times
              the
              amount of such Letter of Credit.

             

            (iii)  If
              the
              Borrower so requests in any applicable Letter of Credit Application,
              the L/C
              Issuer may, in its sole and absolute discretion, agree to issue a Letter
              of
              Credit that has automatic extension provisions (each, an “Auto-Extension
              Letter of Credit”);
              provided
              that any
              such Auto-Extension Letter of Credit must permit the L/C Issuer to
              prevent any
              such extension at least once in each twelve-month period (commencing
              with the
              date of issuance of such Letter of Credit) by giving prior notice to
              the
              beneficiary thereof not later than a day (the “Non-Extension
              Notice Date”)
              in
              each such twelve-month period to be agreed upon at the time such Letter
              of
              Credit is issued. Unless otherwise directed by the L/C Issuer, the
              Borrower
              shall not be required to make a specific request to the L/C Issuer
              for any such
              extension. Once an Auto-Extension Letter of Credit has been issued,
              the Lenders
              shall be deemed to have authorized (but may not require) the L/C Issuer
              to
              permit the extension of such Letter of Credit at any time to an expiry
              date not
              later than the Letter of Credit Expiration Date; provided,
              however,
              that
              the L/C Issuer shall not permit any such extension if (A) the L/C Issuer
              has
              determined that it would not be permitted, or would have no obligation,
              at such
              time to issue such Letter of Credit in its revised form (as extended)
              under the
              terms hereof (by reason of the provisions of clause (ii) or (iii) of
              Section
              2.04(a)
              or
              otherwise), or (B) it has received notice (which may be by telephone
              or in
              writing) on or before the day that is five Business Days before the
              Non-Extension Notice Date (1) from the Administrative Agent that the
              Required
              Lenders have elected not to permit such extension or (2) from the Administrative
              Agent, any Lender or the Borrower that one or more of the applicable
              conditions
              specified in Section
              4.02
              is not
              then satisfied, and in each such case directing the L/C Issuer not
              to permit
              such extension.

             

            (iv)  Promptly
              after its delivery of any Letter of Credit or any amendment to a Letter
              of
              Credit to an advising bank with respect thereto or to the beneficiary
              thereof,
              the L/C Issuer will also deliver to the Borrower and the Administrative
              Agent a
              true and complete copy of such Letter of Credit or amendment.

             

            (c)  Drawings
              and Reimbursements; Funding of Participations.

             

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

             

             

            (i)  Upon
              receipt from the beneficiary of any Letter of Credit of any notice
              of a drawing
              under such Letter of Credit, the L/C Issuer shall notify the Borrower
              and the
              Administrative Agent thereof. Not later than 11:00 a.m. on the date
              of any
              payment by the L/C Issuer under a Letter of Credit (each such date,
              an
“Honor
              Date”),
              the
              Borrower shall reimburse the L/C Issuer through the Administrative
              Agent in an
              amount equal to the amount of such drawing. If the Borrower fails to
              so
              reimburse the L/C Issuer by such time, the Administrative Agent shall
              promptly
              notify each Lender of the Honor Date, the amount of the unreimbursed
              drawing
              (the “Unreimbursed
              Amount”),
              and
              the amount of such Lender’s Applicable Percentage thereof. In such event, the
              Borrower shall be deemed to have requested a Committed Borrowing of
              Base Rate
              Loans to be disbursed on the Honor Date in an amount equal to the Unreimbursed
              Amount, without regard to the minimum and multiples specified in Section
              2.02
              for the
              principal amount of Base Rate Loans, but subject to the amount of the
              unutilized
              portion of the Aggregate Commitments and the conditions set forth in
              Section
              4.02
              (other
              than the delivery of a Committed Loan Notice). Any notice given by
              the L/C
              Issuer or the Administrative Agent pursuant to this Section
              2.04(c)(i)
              may be
              given by telephone if immediately confirmed in writing; provided
              that the
              lack of such an immediate confirmation shall not affect the conclusiveness
              or
              binding effect of such notice.

             

            (ii)  Each
              Lender shall upon any notice pursuant to Section
              2.04(c)(i)
              make
              funds available to the Administrative Agent for the account of the
              L/C Issuer at
              the Administrative Agent’s Office in an amount equal to its Applicable
              Percentage of the Unreimbursed Amount not later than 1:00 p.m. on the
              Business
              Day specified in such notice by the Administrative Agent, whereupon,
              subject to
              the provisions of Section
              2.04(c)(iii),
              each
              Lender that so makes funds available shall be deemed to have made a
              Base Rate
              Committed Loan to the Borrower in such amount. The Administrative Agent
              shall
              remit the funds so received to the L/C Issuer.

             

            (iii)  With
              respect to any Unreimbursed Amount that is not fully refinanced by
              a Committed
              Borrowing of Base Rate Loans because the conditions set forth in Section
              4.02
              cannot
              be satisfied or for any other reason, the Borrower shall be deemed
              to have
              incurred from the L/C Issuer an L/C Borrowing in the amount of the
              Unreimbursed
              Amount that is not so refinanced, which L/C Borrowing shall be due
              and payable
              on the next Business Day following the Honor Date (together with interest)
              and
              shall bear interest at the Default Rate. In such event, each Lender’s payment to
              the Administrative Agent for the account of the L/C Issuer pursuant
              to
Section
              2.04(c)(ii)
              shall be
              deemed payment in respect of its participation in such L/C Borrowing
              and shall
              constitute an L/C Advance from such Lender in satisfaction of its participation
              obligation under this Section
              2.04.

             

            (iv)  Until
              each Lender funds its Committed Loan or L/C Advance pursuant to this
              Section
              2.04(c)
              to
              reimburse the L/C Issuer for any amount drawn under any Letter of Credit,
              interest in respect of such Lender’s Applicable Percentage of such amount shall
              be solely for the account of the L/C Issuer.

             

            (v)  Each
              Lender’s obligation to make Committed Loans or L/C Advances to reimburse the
              L/C
              Issuer for amounts drawn under Letters of Credit, as contemplated by
              

             

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

             

             

            this
              Section
              2.04(c),
              shall
              be absolute and unconditional and shall not be affected by any circumstance,
              including (A) any setoff, counterclaim, recoupment, defense or other
              right which
              such Lender may have against the L/C Issuer, the Borrower or any other
              Person
              for any reason whatsoever; (B) the occurrence or continuance of a Default,
              or
              (C) any other occurrence, event or condition, whether or not similar
              to any of
              the foregoing; provided,
              however,
              that
              each Lender’s obligation to make Committed Loans pursuant to this Section
              2.04(c)
              is
              subject to the conditions set forth in Section
              4.02
              (other
              than delivery by the Borrower of a Committed Loan Notice). No such
              making of an
              L/C Advance shall relieve or otherwise impair the obligation of the
              Borrower to
              reimburse the L/C Issuer for the amount of any payment made by the
              L/C Issuer
              under any Letter of Credit, together with interest as provided
              herein.

             

            (vi)  If
              any
              Lender fails to make available to the Administrative Agent for the
              account of
              the L/C Issuer any amount required to be paid by such Lender pursuant
              to the
              foregoing provisions of this Section
              2.04(c)
              by the
              time specified in Section
              2.04(c)(ii),
              the L/C
              Issuer shall be entitled to recover from such Lender (acting through
              the
              Administrative Agent), on demand, such amount with interest thereon
              for the
              period from the date such payment is required to the date on which
              such payment
              is immediately available to the L/C Issuer at a rate per annum equal
              to the
              greater of the Federal Funds Rate and a rate determined by the L/C
              Issuer in
              accordance with banking industry rules on interbank compensation. A
              certificate
              of the L/C Issuer submitted to any Lender (through the Administrative
              Agent)
              with respect to any amounts owing under this clause (vi) shall be conclusive
              absent manifest error.

             

            (d)  Repayment
              of Participations.
              

             

            (i)  At
              any
              time after the L/C Issuer has made a payment under any Letter of Credit
              and has
              received from any Lender such Lender’s L/C Advance in respect of such payment in
              accordance with Section
              2.04(c),
              if the
              Administrative Agent receives for the account of the L/C Issuer any
              payment in
              respect of the related Unreimbursed Amount or interest thereon (whether
              directly
              from the Borrower or otherwise, including proceeds of Cash Collateral
              applied
              thereto by the Administrative Agent), the Administrative Agent will
              distribute
              to such Lender its Applicable Percentage thereof (appropriately adjusted,
              in the
              case of interest payments, to reflect the period of time during which
              such
              Lender’s L/C Advance was outstanding) in the same funds as those received
              by the
              Administrative Agent.

             

            (ii)  If
              any
              payment received by the Administrative Agent for the account of the
              L/C Issuer
              pursuant to Section
              2.04(c)(i)
              is
              required to be returned under any of the circumstances described in
Section
              10.05
              (including pursuant to any settlement entered into by the L/C Issuer
              in its
              discretion), each Lender shall pay to the Administrative Agent for
              the account
              of the L/C Issuer its Applicable Percentage thereof on demand of the
              Administrative Agent, plus interest thereon from the date of such demand
              to the
              date such amount is returned by such Lender, at a rate per annum equal
              to the
              Federal Funds Rate from time to time in effect. The obligations of
              the Lenders
              under this clause shall survive the payment in full of the Obligations
              and the
              termination of this Agreement.

             

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

             

             

            (e)  Obligations
              Absolute. The
              obligation of the Borrower to reimburse the L/C Issuer for each drawing
              under
              each Letter of Credit and to repay each L/C Borrowing shall be absolute,
              unconditional and irrevocable, and shall be paid strictly in accordance
              with the
              terms of this Agreement under all circumstances, including the
              following:

             

            (i)  any
              lack
              of validity or enforceability of such Letter of Credit, this Agreement,
              or any
              other Loan Document;

             

            (ii)  the
              existence of any claim, counterclaim, setoff, defense or other right
              that the
              Borrower or any Subsidiary may have at any time against any beneficiary
              or any
              transferee of such Letter of Credit (or any Person for whom any such
              beneficiary
              or any such transferee may be acting), the L/C Issuer or any other
              Person,
              whether in connection with this Agreement, the transactions contemplated
              hereby
              or by such Letter of Credit or any agreement or instrument relating
              thereto, or
              any unrelated transaction;

             

            (iii)  any
              draft, demand, certificate or other document presented under such Letter
              of
              Credit proving to be forged, fraudulent, invalid or insufficient in
              any respect
              or any statement therein being untrue or inaccurate in any respect;
              or any loss
              or delay in the transmission or otherwise of any document required
              in order to
              make a drawing under such Letter of Credit;

             

            (iv)  any
              payment by the L/C Issuer under such Letter of Credit against presentation
              of a
              draft or certificate that does not strictly comply with the terms of
              such Letter
              of Credit; or any payment made by the L/C Issuer under such Letter
              of Credit to
              any Person purporting to be a trustee in bankruptcy, debtor-in-possession,
              assignee for the benefit of creditors, liquidator, receiver or other
              representative of or successor to any beneficiary or any transferee
              of such
              Letter of Credit, including any arising in connection with any proceeding
              under
              any Debtor Relief Law; or

             

            (v)  any
              other
              circumstance or happening whatsoever, whether or not similar to any
              of the
              foregoing, including any other circumstance that might otherwise constitute
              a
              defense available to, or a discharge of, the Borrower or any
              Subsidiary.

             

            The
              Borrower shall promptly examine a copy of each Letter of Credit and
              each
              amendment thereto that is delivered to it and, in the event of any
              claim of
              noncompliance with the Borrower’s instructions or other irregularity, the
              Borrower will immediately notify the L/C Issuer. The Borrower shall
              be
              conclusively deemed to have waived any such claim against the L/C Issuer
              and its
              correspondents unless such notice is given as aforesaid.

             

            (f)  Role
              of L/C Issuer. Each
              Lender and the Borrower agree that, in paying any drawing under a Letter
              of
              Credit, the L/C Issuer shall not have any responsibility to obtain
              any document
              (other than any sight draft, certificates and documents expressly required
              by
              the Letter of Credit) or to ascertain or inquire as to the validity
              or accuracy
              of any such document or the authority of the Person executing or delivering
              any
              such document. None of the L/C Issuer, the Administrative Agent, any
              of their
              respective Related Parties nor any correspondent, participant or assignee
              of the
              L/C Issuer shall be liable to any Lender for (i) any action taken or
              omitted in
              connection herewith at the request or with the approval of the Lenders
              or the
              Required Lenders, 

             

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

             

             

            as
              applicable; (ii) any action taken or omitted in the absence of gross
              negligence
              or willful misconduct; or (iii) the due execution, effectiveness, validity
              or
              enforceability of any document or instrument related to any Letter
              of Credit or
              Issuer Document. The Borrower hereby assumes all risks of the acts
              or omissions
              of any beneficiary or transferee with respect to its use of any Letter
              of
              Credit; provided,
              however,
              that
              this assumption is not intended to, and shall not, preclude the Borrower’s
              pursuing such rights and remedies as it may have against the beneficiary
              or
              transferee at law or under any other agreement. None of the L/C Issuer,
              the
              Administrative Agent, any of their respective Related Parties nor any
              correspondent, participant or assignee of the L/C Issuer shall be liable
              or
              responsible for any of the matters described in clauses (i) through
              (v) of
Section
              2.04(e);
              provided,
              however,
              that
              anything in such clauses to the contrary notwithstanding, the Borrower
              may have
              a claim against the L/C Issuer, and the L/C Issuer may be liable to
              the
              Borrower, to the extent, but only to the extent, of any direct, as
              opposed to
              consequential or exemplary, damages suffered by the Borrower which
              the Borrower
              proves were caused by the L/C Issuer’s willful misconduct or gross negligence or
              the L/C Issuer’s willful failure to pay under any Letter of Credit after the
              presentation to it by the beneficiary of a sight draft and certificate(s)
              strictly complying with the terms and conditions of a Letter of
              Credit. 
              In
              furtherance and not in limitation of the foregoing, the L/C Issuer
              may accept
              documents that appear on their face to be in order, without responsibility
              for
              further investigation, regardless of any notice or information to the
              contrary,
              and the L/C Issuer shall not be responsible for the validity or sufficiency
              of
              any instrument transferring or assigning or purporting to transfer
              or assign a
              Letter of Credit or the rights or benefits thereunder or proceeds thereof,
              in
              whole or in part, which may prove to be invalid or ineffective for
              any
              reason.

             

            (g)  Cash
              Collateral.
              Upon
              the request of the Administrative Agent or the Required Lenders, (i)
              if the L/C
              Issuer has honored any full or partial drawing request under any Letter
              of
              Credit and such drawing has resulted in an L/C Borrowing, or (ii) if,
              as of the
              Letter of Credit Expiration Date, any L/C Obligation (including but
              not limited
              to the amount available to be drawn under Letters of Credit having
              an expiry
              date later than the Letter of Credit Expiration Date) for any reason
              remains
              outstanding, the Borrower shall, in each case, immediately Cash Collateralize
              the then Outstanding Amount of all L/C Obligations. Sections
              2.06
              and
8.02(c)
              set
              forth certain additional requirements to deliver Cash Collateral hereunder.
              For
              purposes of this Section
              2.04,
              Section
              2.06 and
              Section
              8.02(c),
              “Cash
              Collateralize”
means
              to pledge and deposit with or deliver to the Administrative Agent,
              for the
              benefit of the L/C Issuer and the Lenders, as collateral for the L/C
              Obligations, cash or deposit account balances pursuant to documentation
              in form
              and substance satisfactory to the Administrative Agent and the L/C
              Issuer (which
              documents are hereby consented to by the Lenders). Derivatives of such
              term have
              corresponding meanings. The Borrower hereby grants to the Administrative
              Agent,
              for the benefit of the L/C Issuer and the Lenders, a security interest
              in all
              such cash, deposit accounts and all balances therein and all proceeds
              of the
              foregoing. Cash Collateral shall be maintained in blocked, non-interest
              bearing
              deposit accounts at Bank of America.

             

            (h)  Applicability
              of ISP and UCP.
              Unless
              otherwise expressly agreed by the L/C Issuer and the Borrower when
              a Letter of
              Credit is issued, (i) the rules of the ISP shall apply to each standby
              Letter of
              Credit, and (ii) the rules of the Uniform Customs and Practice for
              Documentary
              Credits, as most recently published by the International Chamber of
              Commerce at
              the time of issuance shall apply to each commercial Letter of
              Credit.

             

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

             

             

            (i)  Letter
              of Credit Fees.
              The
              Borrower shall pay to the Administrative Agent for the account of each
              Lender in
              accordance with its Applicable Percentage a Letter of Credit fee (the
“Letter of
              Credit Fee”) for each Letter of Credit equal to the Applicable Rate times
              the
              daily maximum amount available to be drawn under such Letter of Credit.
              For
              purposes of computing the daily maximum amount available to be drawn
              under any
              Letter of Credit, the amount of such Letter of Credit shall be determined
              in
              accordance with Section
              1.06.
              Letter
              of Credit Fees shall be (i) computed on a quarterly basis in arrears
              and (ii)
              due and payable on the first Business Day after the end of each March,
              June,
              September and December, commencing with the first such date to occur
              after the
              issuance of such Letter of Credit, on the Letter of Credit Expiration
              Date and
              thereafter on demand. If there is any change in the Applicable Rate
              during any
              quarter, the daily maximum amount of each Letter of Credit shall be
              computed and
              multiplied by the Applicable Rate separately for each period during
              such quarter
              that such Applicable Rate was in effect. Notwithstanding anything to
              the
              contrary contained herein, upon the request of the Required Lenders,
              while any
              Event of Default exists, all Letter of Credit Fees shall accrue at
              the Default
              Rate.

             

            (j)  Fronting
              Fee and Documentary and Processing Charges Payable to L/C Issuer. The
              Borrower shall pay directly to the L/C Issuer for its own account a
              fronting fee
              (i) with respect to each commercial Letter of Credit, at the rate of
              .125% per
              annum, computed on the amount of such Letter of Credit, and payable
              upon the
              issuance thereof, (ii) with respect to any amendment of a commercial
              Letter of
              Credit increasing the amount of such Letter of Credit, at the rate
              of .125% per
              annum, computed on the amount of such increase, and payable upon the
              effectiveness of such amendment, and (iii) with respect to each standby
              Letter
              of Credit, at the rate of .125% per annum computed on the daily maximum
              amount
              available to be drawn under such Letter of Credit and on a quarterly
              basis in
              arrears, and due and payable on the first Business Day after the end
              of each
              March, June, September and December, commencing with the first such
              date to
              occur after the issuance of such Letter of Credit, on the Letter of
              Credit
              Expiration Date and thereafter on demand. For purposes of computing
              the daily
              maximum amount available to be drawn under any Letter of Credit, the
              amount of
              such Letter of Credit shall be determined in accordance with Section
              1.06.
              In
              addition, the Borrower shall pay directly to the L/C Issuer for its
              own account
              the customary issuance, presentation, amendment and other processing
              fees, and
              other standard costs and charges, of the L/C Issuer relating to letters
              of
              credit as from time to time in effect. Such customary fees and standard
              costs
              and charges are due and payable on demand and are nonrefundable.

             

            (k)  Conflict
              with Issuer Documents.
              In the
              event of any conflict between the terms hereof and the terms of any
              Issuer
              Document, the terms hereof shall control.

             

            (l)  Letters
              of Credit Issued for Subsidiaries.
              Notwithstanding that a Letter of Credit issued or outstanding hereunder
              is in
              support of any obligations of, or is for the account of, a Subsidiary,
              the
              Borrower shall be obligated to reimburse the L/C Issuer hereunder for
              any and
              all drawings under such Letter of Credit. The Borrower hereby acknowledges
              that
              the issuance of Letters of Credit for the account of Subsidiaries inures
              to the
              benefit of the Borrower, and that the Borrower’s business derives substantial
              benefits from the businesses of such Subsidiaries.

             

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

          

        

         

        

          2.05  Swing
            Line Loans. 

           

          (a)  The
            Swing Line.
            Subject
            to the terms and conditions set forth herein, the Swing Line Lender agrees,
            in
            reliance upon the agreements of the other Lenders set forth in this Section
            2.05,
            to make
            loans (each such loan, a “Swing
            Line Loan”)
            to the
            Borrower from time to time on any Business Day during the Availability
            Period in
            an aggregate amount not to exceed at any time outstanding the amount
            of the
            Swing Line Sublimit, notwithstanding the fact that such Swing Line Loans,
            when
            aggregated with the Applicable Percentage of the Outstanding Amount of
            Committed
            Loans and L/C Obligations of the Lender acting as Swing Line Lender,
            may exceed
            the
            amount of such Lender’s Commitment; provided,
            however,
            that
            after giving effect to any Swing Line Loan, (i) the Total Outstandings
            shall not
            exceed the Aggregate Commitments, and (ii) except for the Swing Line
            Lender, the
            aggregate Outstanding Amount of the Committed Loans of any Lender, plus
            such
            Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations,
            plus
            such
            Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans
            shall not exceed such Lender’s Commitment. Within the foregoing limits, and
            subject to the other terms and conditions hereof, the Borrower may borrow
            under
            this Section
            2.05,
            prepay
            under Section
            2.06,
            and
            reborrow under this Section
            2.05.
            Each
            Swing Line Loan shall be a Base Rate Loan. Immediately upon the making
            of a
            Swing Line Loan, each Lender shall be deemed to, and hereby irrevocably
            and
            unconditionally agrees to, purchase from the Swing Line Lender a risk
            participation in such Swing Line Loan in an amount equal to the product
            of such
            Lender’s Applicable Percentage times
            the
            amount of such Swing Line Loan.

           

          (b)  Borrowing
            Procedures.
            Each
            Swing Line Borrowing shall be made upon the Borrower’s irrevocable notice to the
            Swing Line Lender and the Administrative Agent, which may be given by
            telephone.
            Each such notice must be received by the Swing Line Lender and the
            Administrative Agent not later than 1:00 p.m. on the requested borrowing
            date,
            and shall specify (i) the amount to be borrowed, which shall be a minimum
            of
            1,000,000 or a whole multiple of $500,000 in excess thereof, and (ii)
            the
            requested borrowing date, which shall be a Business Day. Each such telephonic
            notice must be confirmed promptly by delivery to the Swing Line Lender
            and the
            Administrative Agent of a written Swing Line Loan Notice, appropriately
            completed and signed by a Responsible Officer of the Borrower. Promptly
            after
            receipt by the Swing Line Lender of any telephonic Swing Line Loan Notice,
            the
            Swing Line Lender will confirm with the Administrative Agent (by telephone
            or in
            writing) that the Administrative Agent has also received such Swing Line
            Loan
            Notice and, if not, the Swing Line Lender will notify the Administrative
            Agent
            (by telephone or in writing) of the contents thereof. Unless the Swing
            Line
            Lender has received notice (by telephone or in writing) from the Administrative
            Agent (including at the request of any Lender) prior to 2:00 p.m. on
            the date of
            the proposed Swing Line Borrowing (A) directing the Swing Line Lender
            not to
            make such Swing Line Loan as a result of the limitations set forth in
            the
            proviso to the first sentence of Section
            2.05(a),
            or (B)
            that one or more of the applicable conditions specified in Article
            IV
            is not
            then satisfied, then, subject to the terms and conditions hereof, the
            Swing Line
            Lender will, not later than 3:00 p.m. on the borrowing date specified
            in such
            Swing Line Loan Notice, make the amount of its Swing Line Loan available
            to the
            Borrower at its office by crediting the account of the Borrower on the
            books of
            the Swing Line Lender in immediately available funds.

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          (c)  Refinancing
            of Swing Line Loans.

           

          (i)  The
            Swing
            Line Lender at any time in its sole and absolute discretion may request,
            on
            behalf of the Borrower (which hereby irrevocably authorizes the Swing
            Line
            Lender to so request on its behalf), that each Lender make a Base Rate
            Committed
            Loan in an amount equal to such Lender’s Applicable Percentage of the amount of
            Swing Line Loans then outstanding. Such request shall be made in writing
            (which
            written request shall be deemed to be a Committed Loan Notice for purposes
            hereof) and in accordance with the requirements of Section
            2.02,
            without
            regard to the minimum and multiples specified therein for the principal
            amount
            of Base Rate Loans, but subject to the unutilized portion of the Aggregate
            Commitments and the conditions set forth in Section
            4.02.
            The
            Swing Line Lender shall furnish the Borrower with a copy of the applicable
            Committed Loan Notice promptly after delivering such notice to the
            Administrative Agent. Each Lender shall make an amount equal to its Applicable
            Percentage of the amount specified in such Committed Loan Notice available
            to
            the Administrative Agent in immediately available funds for the account
            of the
            Swing Line Lender at the Administrative Agent’s Office not later than 1:00 p.m.
            on the day specified in such Committed Loan Notice, whereupon, subject
            to
Section
            2.05(c)(ii),
            each
            Lender that so makes funds available shall be deemed to have made a Base
            Rate
            Committed Loan to the Borrower in such amount. The Administrative Agent
            shall
            remit the funds so received to the Swing Line Lender.

           

          (ii)  If
            for
            any reason any Swing Line Loan cannot be refinanced by such a Committed
            Borrowing in accordance with Section
            2.05(c)(i),
            the
            request for Base Rate Committed Loans submitted by the Swing Line Lender
            as set
            forth herein shall be deemed to be a request by the Swing Line Lender
            that each
            of the Lenders fund its risk participation in the relevant Swing Line
            Loan and
            each Lender’s payment to the Administrative Agent for the account of the Swing
            Line Lender pursuant to Section
            2.05(c)(i)
            shall be
            deemed payment in respect of such participation.

           

          (iii)  If
            any
            Lender fails to make available to the Administrative Agent for the account
            of
            the Swing Line Lender any amount required to be paid by such Lender pursuant
            to
            the foregoing provisions of this Section
            2.05(c)
            by the
            time specified in Section
            2.05(c)(i),
            the
            Swing Line Lender shall be entitled to recover from such Lender (acting
            through
            the Administrative Agent), on demand, such amount with interest thereon
            for the
            period from the date such payment is required to the date on which such
            payment
            is immediately available to the Swing Line Lender at a rate per annum
            equal to
            the greater of the Federal Funds Rate and a rate determined by the Swing
            Line
            Lender in accordance with banking industry rules on interbank compensation.
            A
            certificate of the Swing Line Lender submitted to any Lender (through
            the
            Administrative Agent) with respect to any amounts owing under this clause
            (iii)
            shall be conclusive absent manifest error.

           

          (iv)  Each
            Lender’s obligation to make Committed Loans or to purchase and fund risk
            participations in Swing Line Loans pursuant to this Section
            2.05(c)
            shall be
            absolute and unconditional and shall not be affected by any circumstance,
            including (A) any setoff, counterclaim, recoupment, defense or other
            right which
            such Lender may have

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

           against
            the Swing Line Lender, the Borrower or any other Person for any reason
            whatsoever, (B) the occurrence or continuance of a Default, or (C) any
            other
            occurrence, event or condition, whether or not similar to any of the
            foregoing;
provided,
            however,
            that
            each Lender’s obligation to make Committed Loans pursuant to this Section
            2.05(c)
            is
            subject to the conditions set forth in Section
            4.02.
            No such
            funding of risk participations shall relieve or otherwise impair the
            obligation
            of the Borrower to repay Swing Line Loans, together with interest as
            provided
            herein.

           

          (d)  Repayment
            of Participations.
            

           

          (i)  At
            any
            time after any Lender has purchased and funded a risk participation in
            a Swing
            Line Loan, if the Swing Line Lender receives any payment on account of
            such
            Swing Line Loan, the Swing Line Lender will promptly distribute to such
            Lender
            its Applicable Percentage of such payment (appropriately adjusted, in
            the case
            of interest payments, to reflect the period of time during which such
            Lender’s
            risk participation was funded) in the same funds as those received by
            the Swing
            Line Lender.

           

          (ii)  If
            any
            payment received by the Swing Line Lender in respect of principal or
            interest on
            any Swing Line Loan is required to be returned by the Swing Line Lender
            under
            any of the circumstances described in Section
            10.05
            (including pursuant to any settlement entered into by the Swing Line
            Lender in
            its discretion), each Lender shall pay to the Swing Line Lender its Applicable
            Percentage thereof on demand of the Administrative Agent, plus interest
            thereon
            from the date of such demand to the date such amount is returned, at
            a rate per
            annum equal to the Federal Funds Rate. The Administrative Agent will
            make such
            demand upon the request of the Swing Line Lender. The obligations of
            the Lenders
            under this clause shall survive the payment in full of the Obligations
            and the
            termination of this Agreement.

           

          (e)  Interest
            for Account of Swing Line Lender.
            The
            Swing Line Lender shall be responsible for invoicing the Borrower for
            interest
            on the Swing Line Loans. Until each Lender funds its Base Rate Committed
            Loan or
            risk participation pursuant to this Section
            2.05
            to
            refinance such Lender’s Applicable Percentage of any Swing Line Loan, interest
            in respect of such Applicable Percentage shall be solely for the account
            of the
            Swing Line Lender.

           

          (f)  Payments
            Directly to Swing Line Lender.
            The
            Borrower shall make all payments of principal and interest in respect
            of the
            Swing Line Loans directly to the Swing Line Lender.

           

          2.06  Prepayments.

           

          (a)  The
            Borrower may, upon notice to the Administrative Agent, at any time or
            from time
            to time voluntarily prepay Committed Loans in whole or in part without
            premium
            or penalty; provided
            that any
            prepayment of Eurodollar Rate Committed Loans shall be in a principal
            amount of
            $10,000,000 or a whole multiple of $1,000,000 in excess thereof; and
            (iii) any
            prepayment of Base Rate Committed Loans shall be in a principal amount
            of
            $2,000,000 or a whole multiple of $1,000,000 in excess thereof or, in
            each case,
            if less, the entire principal amount thereof then outstanding. Each such
            notice
            shall specify the date and amount of such prepayment and the Type(s)
            of
            Committed Loans to be prepaid. The Administrative Agent will 

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          promptly
            notify each Lender of its receipt of each such notice, and of the amount
            of such
            Lender’s Applicable Percentage of such prepayment. If such notice is given by
            the Borrower, the Borrower shall make such prepayment and the payment
            amount
            specified in such notice shall be due and payable on the date specified
            therein.
            Any prepayment of a Eurodollar Rate Loan shall be accompanied by all
            accrued
            interest on the amount prepaid, together with any additional amounts
            required
            pursuant to Section
            3.05.
            Each
            such prepayment shall be applied to the Committed Loans of the Lenders
            in
            accordance with their respective Applicable Percentages.

           

          (b)  No
            Bid
            Loan may be prepaid without the prior consent of the applicable Bid Loan
            Lender.

           

          (c)  The
            Borrower may, upon notice to the Swing Line Lender (with a copy to the
            Administrative Agent), at any time or from time to time, voluntarily
            prepay
            Swing Line Loans in whole or in part without premium or penalty; provided
            that (i)
            such notice must be received by the Swing Line Lender and the Administrative
            Agent not later than 1:00 p.m. on the date of the prepayment, and (ii)
            any such
            prepayment shall be in a minimum principal amount of $100,000. Each such
            notice
            shall specify the date and amount of such prepayment. If such notice
            is given by
            the Borrower, the Borrower shall make such prepayment and the payment
            amount
            specified in such notice shall be due and payable on the date specified
            therein.

           

          (d)  If
            for
            any reason the Total Outstandings at any time exceed the Aggregate Commitments
            then in effect, the Borrower shall immediately prepay Loans and/or Cash
            Collateralize the L/C Obligations in an aggregate amount equal to such
            excess;
provided,
            however,
            that
            the Borrower shall not be required to Cash Collateralize the L/C Obligations
            pursuant to this Section
            2.06(d)
            unless
            after the prepayment in full of the Committed Loans and Swing Line Loans
            the
            Total Outstandings exceed the Aggregate Commitments then in effect.

           

          2.07  Termination
            or Reduction of Commitments. The
            Borrower may, upon notice to the Administrative Agent, terminate the
            Aggregate
            Commitments, or from time to time permanently reduce the Aggregate Commitments;
            provided
            that (i)
            any such notice shall be received by the Administrative Agent not later
            than
            11:00 a.m. five Business Days prior to the date of termination or reduction,
            (ii) any such partial reduction shall be in an aggregate amount of $10,000,000
            or any whole multiple of $1,000,000 in excess thereof, (iii) the Borrower
            shall
            not terminate or reduce the Aggregate Commitments if, after giving effect
            thereto and to any concurrent prepayments hereunder, the Total Outstandings
            would exceed the Aggregate Commitments, and (iv) if, after giving effect
            to any
            reduction of the Aggregate Commitments, the Letter of Credit Sublimit
            or the
            Swing Line Sublimit exceeds the amount of the Aggregate Commitments,
            such
            Sublimit shall be automatically reduced by the amount of such excess.
            The
            Administrative Agent will promptly notify the Lenders of any such notice
            of
            termination or reduction of the Aggregate Commitments. Any reduction
            of the
            Aggregate Commitments shall be applied to the Commitment of each Lender
            according to its Applicable Percentage. All fees accrued until the effective
            date of any termination of the Aggregate Commitments shall be paid on
            the
            effective date of such termination.

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          2.08  Repayment
            of Loans.

           

          (a)  The
            Borrower shall repay to the Lenders on the Maturity Date the aggregate
            principal
            amount of Committed Loans outstanding on such date.

           

          (b)  The
            Borrower shall repay each Bid Loan on the last day of the Interest Period
            in
            respect thereof.

           

          (c)  The
            Borrower shall repay each Swing Line Loan on the earlier to occur of
            (i) the
            date ten Business Days after such Loan is made and (ii) the Maturity
            Date.

           

          2.09  Interest.

           

          (a)  Subject
            to the provisions of subsection
            (b)
            below,
            (i) each Eurodollar Rate Committed Loan shall bear interest on the outstanding
            principal amount thereof for each Interest Period at a rate per annum
            equal to
            the Eurodollar Rate for such Interest Period plus
            the
            Applicable Rate; (ii) each Base Rate Committed Loan shall bear interest
            on the
            outstanding principal amount thereof from the applicable borrowing date
            at a
            rate per annum equal to the Base Rate; (iii) each Bid Loan shall bear
            interest
            on the outstanding principal amount thereof for the Interest Period therefor
            at
            a rate per annum equal to the Eurodollar Rate for such Interest Period
            plus (or
            minus) the Eurodollar Bid Margin, or at the Absolute Rate for such Interest
            Period, as the case may be; and (iv) each Swing Line Loan shall bear
            interest on
            the outstanding principal amount thereof from the applicable borrowing
            date at
            the Base Rate.

           

          (b) (i) If
            any
            amount of principal of any Loan is not paid when due (without regard
            to any
            applicable grace periods), whether at stated maturity, by acceleration
            or
            otherwise, such amount shall thereafter bear interest at a fluctuating
            interest
            rate per annum at all times equal to the Default Rate to the fullest
            extent
            permitted by applicable Laws.

           

          (ii)  If
            any
            amount (other than principal of any Loan) payable by the Borrower under
            any Loan
            Document is not paid when due (without regard to any applicable grace
            periods),
            whether at stated maturity, by acceleration or otherwise, then upon the
            request
            of the Required Lenders, such amount shall thereafter bear interest at
            a
            fluctuating interest rate per annum at all times equal to the Default
            Rate to
            the fullest extent permitted by applicable Laws.

           

          (iii)  Upon
            the
            request of the Required Lenders, while any Event of Default exists, the
            Borrower
            shall pay interest on the principal amount of all outstanding Obligations
            hereunder at a fluctuating interest rate per annum at all times equal
            to the
            Default Rate to the fullest extent permitted by applicable Laws. 

           

          (iv)  Accrued
            and unpaid interest on past due amounts (including interest on past due
            interest) shall be due and payable upon demand.

           

          (c)  Interest
            on each Loan shall be due and payable in arrears on each Interest Payment
            Date
            applicable thereto and at such other times as may be specified herein.
            Interest
            hereunder shall be due and payable in accordance with the terms hereof
            before
            and after 

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          judgment,
            and before and after the commencement of any proceeding under any Debtor
            Relief
            Law.

           

          2.10  Fees.
            In
            addition to certain fees described in subsections
            (i)
            and
(j)
            of
Section
            2.04:

           

          (a)  Facility
            Fee.
            The
            Borrower shall pay to the Administrative Agent for the account of each
            Lender in
            accordance with its Applicable Percentage, a facility fee (the “Facility Fee”)
            equal to the Applicable Rate times
            the
            actual daily amount of the Aggregate Commitments (or, if the Aggregate
            Commitments have terminated, on the Outstanding Amount of all Committed
            Loans,
            Swing Line Loans and L/C Obligations), regardless of usage. The Facility
            Fee
            shall accrue at all times during the Availability Period (and thereafter
            so long
            as any Committed Loans, Swing Line Loans or L/C Obligations remain outstanding),
            including at any time during which one or more of the conditions in Article
            IV
            is not
            met, and shall be due and payable quarterly in arrears on the last Business
            Day
            of each March, June, September and December, commencing on September
            28, 2007,
            and on the Maturity Date (and, if applicable, thereafter on demand).
            The
            Facility Fee shall be calculated quarterly in arrears, and if there is
            any
            change in the Applicable Rate during any quarter, the actual daily amount
            shall
            be computed and multiplied by the Applicable Rate separately for each
            period
            during such quarter that such Applicable Rate was in effect.

           

          (b)  Utilization
            Fee.
            The
            Borrower shall pay to the Administrative Agent for the account of each
            Lender in
            accordance with its Applicable Percentage, a utilization fee equal to
            the
            Applicable Rate times
            the
            Total Outstandings on each day that the Total Outstandings exceed 50%
            of the
            actual daily amount of the Aggregate Commitments then in effect (or,
            if
            terminated, in effect immediately prior to such termination). The utilization
            fee shall be due and payable quarterly in arrears on the last Business
            Day of
            each March, June, September and December, commencing on September 28,
            2007, and
            on the Maturity Date. The utilization fee shall be calculated quarterly
            in
            arrears and if there is any change in the Applicable Rate during any
            quarter,
            the daily amount shall be computed and multiplied by the Applicable Rate
            for
            each period during which such Applicable Rate was in effect. The utilization
            fee
            shall accrue at all times, including at any time during which one or
            more of the
            conditions in Article
            IV
            is not
            met.

           

          (c)  Other
            Fees. (i)
            The
            Borrower shall pay to the Arrangers and the Administrative Agent for
            their own
            respective accounts fees in the amounts and at the times specified in
            the Fee
            Letter. Such fees shall be fully earned when paid and shall not be refundable
            for any reason whatsoever.

           

          (ii) The
            Borrower shall pay to the Lenders such fees as shall have been separately
            agreed
            upon in writing in the amounts and at the times so specified. Such fees
            shall be
            fully earned when paid and shall not be refundable for any reason
            whatsoever.

           

          2.11  Computation
            of Interest and Fees. All
            computations of interest for Base Rate Loans when the Base Rate is determined
            by
            Bank of America’s “prime rate” shall be made on the basis of a year of 365 or
            366 days, as the case may be, and actual days elapsed. All other computations
            of
            fees and interest shall be made on the basis of a 360-day year and actual
            days
            elapsed (which results in more fees or interest, as applicable, being
            paid than
            if computed on the 

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          basis
            of
            a 365-day year). Interest shall accrue on each Loan for the day on which
            the
            Loan is made, and shall not accrue on a Loan, or any portion thereof,
            for the
            day on which the Loan or such portion is paid, provided
            that any
            Loan that is repaid on the same day on which it is made shall, subject
            to
Section
            2.13(a),
            bear
            interest for one day. Each determination by the Administrative Agent
            of an
            interest rate or fee hereunder shall be conclusive and binding for all
            purposes,
            absent manifest error.

           

          2.12  Evidence
            of Debt. 

           

          (a)  The
            Credit Extensions made by each Lender shall be evidenced by one or more
            accounts
            or records maintained by such Lender and by the Administrative Agent
            in the
            ordinary course of business. The accounts or records maintained by the
            Administrative Agent and each Lender shall be conclusive absent manifest
            error
            of the amount of the Credit Extensions made by the Lenders to the Borrower
            and
            the interest and payments thereon. Any failure to so record or any error
            in
            doing so shall not, however, limit or otherwise affect the obligation
            of the
            Borrower hereunder to pay any amount owing with respect to the Obligations.
            In
            the event of any conflict between the accounts and records maintained
            by any
            Lender and the accounts and records of the Administrative Agent in respect
            of
            such matters, the accounts and records of the Administrative Agent shall
            control
            in the absence of manifest error. Upon the request of any Lender made
            through
            the Administrative Agent, the Borrower shall execute and deliver to such
            Lender
            (through the Administrative Agent) a Note, which shall evidence such
            Lender’s
            Loans in addition to such accounts or records. Each Lender may attach
            schedules
            to its Note and endorse thereon the date, Type (if applicable), amount
            and
            maturity of its Loans and payments with respect thereto.

           

          (b)  In
            addition to the accounts and records referred to in subsection (a), each
            Lender
            and the Administrative Agent shall maintain in accordance with its usual
            practice accounts or records evidencing the purchases and sales by such
            Lender
            of participations in Letters of Credit and Swing Line Loans. In the event
            of any
            conflict between the accounts and records maintained by the Administrative
            Agent
            and the accounts and records of any Lender in respect of such matters,
            the
            accounts and records of the Administrative Agent shall control in the
            absence of
            manifest error.

           

          2.13  Payments
            Generally; Administrative Agent’s Clawback.

           

          (a)  (a)    General.
            All
            payments to be made by the Borrower shall be made without condition or
            deduction
            for any counterclaim, defense, recoupment or setoff. Except as otherwise
            expressly provided herein, all payments by the Borrower hereunder shall
            be made
            to the Administrative Agent, for the account of the respective Lenders
            to which
            such payment is owed, at the Administrative Agent’s Office in Dollars and in
            immediately available funds not later than 2:00 p.m. on the date specified
            herein. The Administrative Agent will promptly distribute to each Lender
            its
            Applicable Percentage (or other applicable share as provided herein)
            of such
            payment in like funds as received by wire transfer to such Lender’s Lending
            Office. All payments received by the Administrative Agent after 2:00
            p.m. shall
            be deemed received on the next succeeding Business Day and any applicable
            interest or fee shall continue to accrue. If any payment to be made by
            the
            Borrower shall come due on a day other than a Business Day, 

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          payment
            shall be made on the next following Business Day, and such extension
            of time
            shall be reflected in computing interest or fees, as the case may
            be.

           

          (b)  (i)     Funding
            by Lenders; Presumption
            by Administrative Agent.
            Unless
            the Administrative Agent shall have received notice from a Lender prior
            to the
            proposed time of any Committed Borrowing that such Lender will not make
            available to the Administrative Agent such Lender’s share of such Committed
            Borrowing, the Administrative Agent may assume that such Lender has made
            such
            share available on such date in accordance with Section
            2.02
            and may,
            in reliance upon such assumption, make available to the Borrower a corresponding
            amount. In such event, if a Lender has not in fact made its share of
            the
            applicable Committed Borrowing available to the Administrative Agent,
            then the
            applicable Lender and the Borrower severally agree to pay to the Administrative
            Agent forthwith on demand such corresponding amount in immediately available
            funds with interest thereon, for each day from and including the date
            such
            amount is made available to the Borrower to but excluding the date of
            payment to
            the Administrative Agent, at (A) in the case of a payment to be made
            by such
            Lender, the greater of the Federal Funds Rate and a rate determined by
            the
            Administrative Agent in accordance with banking industry rules on interbank
            compensation and (B) in the case of a payment to be made by the Borrower,
            the
            interest rate applicable to Base Rate Loans. If the Borrower and such
            Lender
            shall pay such interest to the Administrative Agent for the same or an
            overlapping period, the Administrative Agent shall promptly remit to
            the
            Borrower the amount of such interest paid by the Borrower for such period.
            If
            such Lender pays its share of the applicable Committed Borrowing to the
            Administrative Agent, then the amount so paid shall constitute such Lender’s
            Committed Loan included in such Committed Borrowing. Any payment by the
            Borrower
            shall be without prejudice to any claim the Borrower may have against
            a Lender
            that shall have failed to make such payment to the Administrative
            Agent.

           

          (ii)   Payments
            by Borrower; Presumptions by Administrative Agent.
            Unless
            the Administrative Agent shall have received notice from the Borrower
            prior to
            the date on which any payment is due to the Administrative Agent for
            the account
            of the Lenders or the L/C Issuer hereunder that the Borrower will not
            make such
            payment, the Administrative Agent may assume that the Borrower has made
            such
            payment on such date in accordance herewith and may, in reliance upon
            such
            assumption, distribute to the Lenders or the L/C Issuer, as the case
            may be, the
            amount due. In such event, if the Borrower has not in fact made such
            payment,
            then each of the Lenders or the L/C Issuer, as the case may be, severally
            agrees
            to repay to the Administrative Agent forthwith on demand the amount so
            distributed to such Lender or the L/C Issuer, in immediately available
            funds
            with interest thereon, for each day from and including the date such
            amount is
            distributed to it to but excluding the date of payment to the Administrative
            Agent, at the greater of the Federal Funds Rate and a rate determined
            by the
            Administrative Agent in accordance with banking industry rules on interbank
            compensation.

           

          A
            notice
            of the Administrative Agent to any Lender or the Borrower with respect
            to any
            amount owing under this subsection (b) shall be conclusive, absent manifest
            error.

           

          (c)  Failure
            to Satisfy Conditions Precedent.
            If any
            Lender makes available to the Administrative Agent funds for any Loan
            to be made
            by such Lender as provided in the foregoing provisions of this Article
            II,
            and
            such funds are not made available to the Borrower by the Administrative
            Agent
            because the conditions to the applicable Credit Extension set forth in
            

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          Article
            IV
            are not
            satisfied or waived in accordance with the terms hereof, the Administrative
            Agent shall return such funds (in like funds as received from such Lender)
            to
            such Lender, without interest to the extent returned on the same Business
            Day
            and thereafter at the Federal Funds Rate.

           

          (d)  Obligations
            of Lenders Several.
            The
            obligations of the Lenders hereunder to make Committed Loans, to fund
            participations in Letters of Credit and Swing Line Loans and to make
            payments
            pursuant to Section
            10.04(c)
            are
            several and not joint. The failure of any Lender to make any Committed
            Loan, to
            fund any such participation or to make any payment under Section
            10.04(c)
            on any
            date required hereunder shall not relieve any other Lender of its corresponding
            obligation to do so on such date, and no Lender shall be responsible
            for the
            failure of any other Lender to so make its Committed Loan, to purchase
            its
            participation or to make its payment under Section
            10.04(c).

           

          (e)  Funding
            Source.
            Nothing
            herein shall be deemed to obligate any Lender to obtain the funds for
            any Loan
            in any particular place or manner or to constitute a representation by
            any
            Lender that it has obtained or will obtain the funds for any Loan in
            any
            particular place or manner.

           

          2.14  Sharing
            of Payments by Lenders. If
            any
            Lender shall, by exercising any right of setoff or counterclaim or otherwise,
            obtain payment in respect of any principal of or interest on any of the
            Committed Loans made by it, or the participations in L/C Obligations
            or in Swing
            Line Loans held by it resulting in such Lender’s receiving payment of a
            proportion of the aggregate amount of such Committed Loans or participations
            and
            accrued interest thereon greater than its pro rata
            share
            thereof as provided herein, then the Lender receiving such greater proportion
            shall (a) notify the Administrative Agent of such fact, and (b) purchase
            (for
            cash at face value) participations in the Committed Loans and subparticipations
            in L/C Obligations and Swing Line Loans of the other Lenders, or make
            such other
            adjustments as shall be equitable, so that the benefit of all such payments
            shall be shared by the Lenders ratably in accordance with the aggregate
            amount
            of principal of and accrued interest on their respective Committed Loans
            and
            other amounts owing them, provided
            that:

           

          (i)  if
            any
            such participations or subparticipations are purchased and all or any
            portion of
            the payment giving rise thereto is recovered, such participations or
            subparticipations shall be rescinded and the purchase price restored
            to the
            extent of such recovery, without interest; and

           

          (ii)  the
            provisions of this Section shall not be construed to apply to (x) any
            payment
            made by the Borrower pursuant to and in accordance with the express terms
            of
            this Agreement or (y) any payment obtained by a Lender as consideration
            for the
            assignment of or sale of a participation in any of its Committed Loans
            or
            subparticipations in L/C Obligations or Swing Line Loans to any assignee
            or
            participant, other than to the Borrower or any Subsidiary thereof (as
            to which
            the provisions of this Section shall apply).

           

          The
            Borrower consents to the foregoing and agrees, to the extent it may effectively
            do so under applicable law, that any Lender acquiring a participation
            pursuant
            to the foregoing 

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

          arrangements
            may exercise against the Borrower rights of setoff and counterclaim with
            respect
            to such participation as fully as if such Lender were a direct creditor
            of the
            Borrower in the amount of such participation.

           

          2.15  Increase
            in Commitments. 

           

          (a)  Request
            for Increase.
            Provided there exists no Default and the Borrower has made no voluntary
            reduction of the Aggregate Commitments pursuant to Section
            2.07,
            upon
            notice to the Administrative Agent, the Borrower may from time to time,
            request
            an increase in the Aggregate Commitments by an amount (for all such requests)
            not exceeding $500,000,000; provided
            that (i)
            any such request for an increase shall be in a minimum amount of $25,000,000,
            and (ii) the Borrower may make a maximum of three such requests.

           

          (b)  Notification
            by Administrative Agent; Additional Lenders.
            The
            Administrative Agent shall notify the Borrower and each Lender of each
            request
            made hereunder. To achieve the full amount of a requested increase, and
            subject
            to the approval of the Administrative Agent and the L/C Issuers (which
            approvals
            shall not be unreasonably withheld), the Borrower may, at its option,
            request
            that the existing Lenders provide for any such increase in the Aggregate
            Commitments or invite additional Eligible Assignees to become Lenders
            pursuant
            to a joinder agreement in form and substance satisfactory to the Administrative
            Agent and its counsel. To the extent the Borrower seeks any increase
            from
            existing Lenders, it shall (in consultation with the Administrative Agent)
            specify the time period within which each Lender is requested to respond
            (which
            shall in no event be less than ten Business Days from the date of delivery
            of
            such notice to the Lenders).

           

          (c)  Lender
            Elections to Increase.
            Each
            Lender shall notify the Administrative Agent within such time period
            whether or
            not it agrees to increase its Commitment and, if so, whether by an amount
            equal
            to, greater than, or less than its Applicable Percentage of such requested
            increase. Any Lender not responding within such time period shall be
            deemed to
            have declined to increase its Commitment.

           

          (d)  Effective
            Date and Allocations.
            If the
            Aggregate Commitments are increased in accordance with this Section,
            the
            Administrative Agent and the Borrower shall determine the effective date
            (the
“Increase
            Effective Date”)
            and
            the final allocation of such increase. The Administrative Agent shall
            promptly
            notify the Borrower and the Lenders of the final allocation of such increase
            and
            the Increase Effective Date. 

           

          (e)  Conditions
            to Effectiveness of Increase.
            As a
            condition precedent to such increase, the Borrower shall deliver to the
            Administrative Agent a certificate dated as of the Increase Effective
            Date (in
            sufficient copies for each Lender) signed by a Responsible Officer (i)
            certifying and attaching the resolutions adopted by the Borrower approving
            or
            consenting to such increase, and (ii) certifying that, before and after
            giving
            effect to such increase, (A) the representations and warranties contained
            in
Article
            V
            and the
            other Loan Documents are true and correct on and as of the Extension
            Effective
            Date, except to the extent that such representations and warranties specifically
            refer to an earlier date, in which case they are true and correct as
            of such
            earlier date, and except that for purposes of this Section
            2.15,
            the
            representations and warranties contained in subsections
            (a)
            and
(b)
            of
Section
            5.05
            shall be
            deemed to refer to the most recent statements furnished pursuant to clauses
            (a)
            and
(b),
            respectively, of Section
            6.01,

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

           

          and
            (B)
            no Default exists. The Borrower shall prepay any Committed Loans outstanding
            on
            the Increase Effective Date (and pay any additional amounts required
            pursuant to
Section
            3.05)
            to the
            extent necessary to keep the outstanding Committed Loans ratable with
            any
            revised Applicable Percentages arising from any nonratable increase in
            the
            Commitments under this Section.

           

          (f)  Conflicting
            Provisions.
            This
            Section shall supersede any provisions in Sections
            2.14
            or
10.01
            to the
            contrary.

           

          (g)  Extension
            of Maturity Date.
            The
            Borrower may no earlier than 60 days and no later than one day prior
            to each
            anniversary of the Closing Date, by notice to the Administrative Agent,
            make
            written request to the Lenders to extend the Maturity Date for an additional
            period of one year. The Administrative Agent will give prompt notice
            to each of
            the Lenders of its receipt of any such request for extension of the Maturity
            Date. Each Lender shall make a determination (in its sole and absolute
            discretion) within 30 days receipt of such notice as to whether or not
            it will
            agree to extend the Maturity Date as requested; provided,
            however,
            that
            failure by any Lender to make a timely response to the Borrower’s request for
            extension of the Maturity Date shall be deemed to constitute a refusal
            by such
            Lender to extend the Maturity Date. The Maturity Date shall not be extended
            without the consent of each Lender.

          

             

            ARTICLE
              III.  

            TAXES,
              YIELD PROTECTION AND ILLEGALITY

             

            3.01  Taxes.

             

            (a)  Payments
              Free of Taxes.
              Any and
              all payments by or on account of any obligation of the Borrower hereunder
              or
              under any other Loan Document shall be made free and clear of and without
              reduction or withholding for any Indemnified Taxes or Other Taxes,
provided
              that if
              the Borrower shall be required by applicable law to deduct any Indemnified
              Taxes
              (including any Other Taxes) from such payments, then (i) the sum payable
              shall
              be increased as necessary so that after making all required deductions
              (including deductions applicable to additional sums payable under this
              Section)
              the Administrative Agent, Lender or L/C Issuer, as the case may be,
              receives an
              amount equal to the sum it would have received had no such deductions
              been made,
              (ii) the Borrower shall make such deductions and (iii) the Borrower
              shall timely
              pay the full amount deducted to the relevant Governmental Authority
              in
              accordance with applicable law.

             

            (b)  Payment
              of Other Taxes by the Borrower.
              Without
              limiting the provisions of subsection (a) above, the Borrower shall
              timely pay
              any Other Taxes to the relevant Governmental Authority in accordance
              with
              applicable law.

             

            (c)  Indemnification
              by the Borrower.
              The
              Borrower shall indemnify the Administrative Agent, each Lender and
              the L/C
              Issuer, within 10 days after demand therefor, for the full amount of
              any
              Indemnified Taxes or Other Taxes (including Indemnified Taxes or Other
              Taxes
              imposed or asserted on or attributable to amounts payable under this
              Section)
              paid by the Administrative Agent, such Lender or the L/C Issuer, as
              the case may
              be, and any penalties, interest and reasonable expenses arising therefrom
              or
              with respect thereto, whether or not such 

             

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

             

             

            Indemnified
              Taxes or Other Taxes were correctly or legally imposed or asserted
              by the
              relevant Governmental Authority. A certificate as to the amount of
              such payment
              or liability delivered to the Borrower by a Lender or the L/C Issuer
              (with a
              copy to the Administrative Agent), or by the Administrative Agent on
              its own
              behalf or on behalf of a Lender or the L/C Issuer, shall be conclusive
              absent
              manifest error.

             

            (d)  Evidence
              of Payments.
              As soon
              as practicable after any payment of Indemnified Taxes or Other Taxes
              by the
              Borrower to a Governmental Authority, the Borrower shall deliver to
              the
              Administrative Agent the original or a certified copy of a receipt
              issued by
              such Governmental Authority evidencing such payment, a copy of the
              return
              reporting such payment or other evidence of such payment reasonably
              satisfactory
              to the Administrative Agent.

             

            Each
              Foreign Lender shall deliver to the Borrower and the Administrative
              Agent (in
              such number of copies as shall be requested by the recipient) on or
              prior to the
              date on which such Foreign Lender becomes a Lender under this Agreement
              (and
              from time to time thereafter upon the request of the Borrower or the
              Administrative Agent, but only if such Foreign Lender is legally entitled
              to do
              so), whichever of the following is applicable:

             

            (i)  duly
              completed copies of Internal Revenue Service Form W-8BEN claiming eligibility
              for benefits of an income tax treaty to which the United States is
              a
              party,

             

            (ii)  duly
              completed copies of Internal Revenue Service Form W-8ECI,

             

            (iii)  in
              the
              case of a Foreign Lender claiming the benefits of the exemption for
              portfolio
              interest under section 881(c) of the Code, (x) a certificate to the
              effect that
              such Foreign Lender is not (A) a “bank” within the meaning of section
              881(c)(3)(A) of the Code, (B) a “10 percent shareholder” of the Borrower within
              the meaning of section 881(c)(3)(B) of the Code, or (C) a “controlled foreign
              corporation” described in section 881(c)(3)(C) of the Code and (y) duly
              completed copies of Internal Revenue Service Form W-8BEN, or

             

            (iv)  any
              other
              form prescribed by applicable law as a basis for claiming exemption
              from or a
              reduction in United States Federal withholding tax duly completed together
              with
              such supplementary documentation as may be prescribed by applicable
              law to
              permit the Borrower to determine the withholding or deduction required
              to be
              made.

             

            (e)  Status
              of Lenders.
              Each
              Lender that is not a Foreign Lender shall, upon the request of the
              Borrower, or
              the Administrative Agent, deliver to the Borrower and the Administrative
              Agent
              two duly assigned and completed copies of IRS form W-9. If such Lender
              fails to
              deliver such forms, then the Borrower or the Administrative Agent may
              withhold
              from any payments due to such Lender an amount equivalent to the applicable
              back-up withholding tax imposed by the Code and such amount shall be
              an Excluded
              Tax.

             

            (f)  Treatment
              of Certain Refunds.
              If the
              Administrative Agent, any Lender or the L/C Issuer determines, in its
              reasonable
              discretion, that it has received a refund of any Taxes or Other Taxes
              as to
              which it has been indemnified by the Borrower or with respect to which
              the
              Borrower has paid additional amounts pursuant to this Section, it shall
              pay to
              the Borrower an 

             

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

             

             

            amount
              equal to such refund (but only to the extent of indemnity payments
              made, or
              additional amounts paid, by the Borrower under this Section with respect
              to the
              Taxes or Other Taxes giving rise to such refund), net of all out-of-pocket
              expenses of the Administrative Agent, such Lender or the L/C Issuer,
              as the case
              may be, and without interest (other than any interest paid by the relevant
              Governmental Authority with respect to such refund), provided
              that the
              Borrower, upon the request of the Administrative Agent, such Lender
              or the L/C
              Issuer, agrees to repay the amount paid over to the Borrower (plus
              any
              penalties, interest or other charges imposed by the relevant Governmental
              Authority) to the Administrative Agent, such Lender or the L/C Issuer
              in the
              event the Administrative Agent, such Lender or the L/C Issuer is required
              to
              repay such refund to such Governmental Authority. This subsection shall
              not be
              construed to require the Administrative Agent, any Lender or the L/C
              Issuer to
              make available its tax returns (or any other information relating to
              its taxes
              that it deems confidential) to the Borrower or any other Person.

             

            3.02  Illegality.
              If
              any
              Lender determines that any Law has made it unlawful, or that any Governmental
              Authority has asserted that it is unlawful, for any Lender or its applicable
              Lending Office to make, maintain or fund Eurodollar Rate Loans, or
              to determine
              or charge interest rates based upon the Eurodollar Rate, or any Governmental
              Authority has imposed material restrictions on the authority of such
              Lender to
              purchase or sell, or to take deposits of, Dollars in the London interbank
              market, then, on notice thereof by such Lender to the Borrower through
              the
              Administrative Agent, any obligation of such Lender to make or continue
              Eurodollar Rate Loans or to convert Base Rate Committed Loans to Eurodollar
              Rate
              Committed Loans shall be suspended until such Lender notifies the Administrative
              Agent and the Borrower that the circumstances giving rise to such determination
              no longer exist. Upon receipt of such notice, the Borrower shall, upon
              demand
              from such Lender (with a copy to the Administrative Agent), prepay
              or, if
              applicable, convert all Eurodollar Rate Loans of such Lender to Base
              Rate Loans,
              either on the last day of the Interest Period therefor, if such Lender
              may
              lawfully continue to maintain such Eurodollar Rate Loans to such day,
              or
              immediately, if such Lender may not lawfully continue to maintain such
              Eurodollar Rate Loans. Upon any such prepayment or conversion, the
              Borrower
              shall also pay accrued interest on the amount so prepaid or
              converted.

             

            3.03  Inability
              to Determine Rates. If
              the
              Required Lenders determine that for any reason in connection with any
              request
              for a Eurodollar Rate Loan or a conversion to or continuation thereof
              that (a)
              Dollar deposits are not being offered to banks in the London interbank
              eurodollar market for the applicable amount and Interest Period of
              such
              Eurodollar Rate Loan, (b) adequate and reasonable means do not exist
              for
              determining the Eurodollar Base Rate for any requested Interest Period
              with
              respect to a proposed Eurodollar Rate Committed Loan, or (c) the Eurodollar
              Base
              Rate for any requested Interest Period with respect to a proposed Eurodollar
              Rate Committed Loan does not adequately and fairly reflect the cost
              to such
              Lenders of funding such Loan, the Administrative Agent will promptly
              so notify
              the Borrower and each Lender. Thereafter, the obligation of the Lenders
              to make
              or maintain Eurodollar Rate Loans shall be suspended until the Administrative
              Agent (upon the instruction of the Required Lenders) revokes such notice.
              Upon
              receipt of such notice, the Borrower may revoke any pending request
              for a
              Borrowing of, conversion to or continuation of Eurodollar Rate Committed Loans
              or, failing that, will be deemed to have converted such request into
              a request
              for a Committed Borrowing of Base Rate Loans in the amount specified
              therein.

             

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

             

             

            3.04  Increased
              Costs; Reserves on Eurodollar Rate Loans. 

             

            (a)  Increased
              Costs Generally.
              If any
              Change in Law shall:

             

            (i)  impose,
              modify or deem applicable any reserve, special deposit, compulsory
              loan,
              insurance charge or similar requirement against assets of, deposits
              with or for
              the account of, or credit extended or participated in by, any Lender
              (except any
              reserve requirement contemplated by Section
              3.04(e)
              hereof)
              or any L/C Issuer; 

             

            (ii)  subject
              any Lender or any L/C Issuer to any tax of any kind whatsoever with
              respect to
              this Agreement, any Letter of Credit, any participation in a Letter
              of Credit or
              any Eurodollar Loan made by it, or change the basis of taxation of
              payments to
              such Lender or the L/C Issuer in respect thereof (except for Indemnified
              Taxes
              or Other Taxes covered by Section
              3.01
              and the
              imposition of, or any change in the rate of, any Excluded Tax payable
              by such
              Lender or the L/C Issuer); or

             

            (iii)  impose
              on
              any Lender or the L/C Issuer or the London interbank market any other
              condition,
              cost or expense affecting this Agreement or Eurodollar Loans made by
              such Lender
              or any Letter of Credit or participation therein;

             

            and
              the
              result of any of the foregoing shall be to increase the cost to such
              Lender of
              making or maintaining any Eurodollar Loan (or of maintaining its obligation
              to
              make any such Loan), or to increase the cost to such Lender or the
              L/C Issuer of
              participating in, issuing or maintaining any Letter of Credit (or of
              maintaining
              its obligation to participate in or to issue any Letter of Credit),
              or to reduce
              the amount of any sum received or receivable by such Lender or the
              L/C Issuer
              hereunder (whether of principal, interest or any other amount) then,
              upon
              request of such Lender or the L/C Issuer, the Borrower will pay to
              such Lender
              or the L/C Issuer, as the case may be, such additional amount or amounts
              as will
              compensate such Lender or the L/C Issuer, as the case may be, for such
              additional costs incurred or reduction suffered.

             

            (b)  Capital
              Requirements.
              If any
              Lender or the L/C Issuer determines that any Change in Law affecting
              such Lender
              or the L/C Issuer or any Lending Office of such Lender or such Lender’s or the
              L/C Issuer’s holding company, if any, regarding capital requirements has or
              would have the effect of reducing the rate of return on such Lender’s or the L/C
              Issuer’s capital or on the capital of such Lender’s or the L/C Issuer’s holding
              company, if any, as a consequence of this Agreement, the Commitments
              of such
              Lender or the Loans made by, or participations in Letters of Credit
              held by,
              such Lender, or the Letters of Credit issued by the L/C Issuer, to
              a level below
              that which such Lender or the L/C Issuer or such Lender’s or the L/C Issuer’s
              holding company could have achieved but for such Change in Law (taking
              into
              consideration such Lender’s or the L/C Issuer’s policies and the policies of
              such Lender’s or the L/C Issuer’s holding company with respect to capital
              adequacy), then from time to time the Borrower will pay to such Lender
              or the
              L/C Issuer, as the case may be, such additional amount or amounts as
              will
              compensate such Lender or the L/C Issuer or such Lender’s or the L/C Issuer’s
              holding company for any such reduction suffered.

             

            (c)  Certificates
              for Reimbursement.
              A
              certificate of a Lender or the L/C Issuer setting forth the amount
              or amounts
              necessary to compensate such Lender or the L/C Issuer or its 

             

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

             

             

            holding
              company, as the case may be, as specified in subsection (a) or (b)
              of this
              Section and delivered to the Borrower shall be conclusive absent manifest
              error.
              The Borrower shall pay such Lender or the L/C Issuer, as the case may
              be, the
              amount shown as due on any such certificate within 10 days after receipt
              thereof.

             

            (d)  Delay
              in Requests.
              Failure
              or delay on the part of any Lender or the L/C Issuer to demand compensation
              pursuant to the foregoing provisions of this Section shall not constitute
              a
              waiver of such Lender’s or the L/C Issuer’s right to demand such compensation,
provided
              that the
              Borrower shall not be required to compensate a Lender or the L/C Issuer
              pursuant
              to the foregoing provisions of this Section for any increased costs
              incurred or
              reductions suffered more than nine months prior to the date that such
              Lender or
              the L/C Issuer, as the case may be, notifies the Borrower of the Change
              in Law
              giving rise to such increased costs or reductions and of such Lender’s or the
              L/C Issuer’s intention to claim compensation therefor (except that, if the
              Change in Law giving rise to such increased costs or reductions is
              retroactive,
              then the nine-month period referred to above shall be extended to include
              the
              period of retroactive effect thereof).

             

            (e)  Reserves
              on Eurodollar Rate Loans.
              The
              Borrower shall pay to each Lender, as long as such Lender shall be
              required to
              maintain reserves with respect to liabilities or assets consisting
              of or
              including Eurocurrency funds or deposits (currently known as “Eurocurrency
              Liabilities”), additional interest on the unpaid principal amount of each
              Eurodollar Rate Loan equal to the actual costs of such reserves allocated
              to
              such Loan by such Lender (as determined by such Lender in good faith,
              which
              determination shall be conclusive), which shall be due and payable
              on each date
              on which interest is payable on such Loan; provided
              the
              Borrower shall have received at least 10 days prior notice (with a
              copy to the
              Administrative Agent) of such additional interest from such Lender.
              If a Lender
              fails to give notice 10 days prior to the relevant Interest Payment
              Date, such
              additional interest shall be due and payable 10 days from receipt of
              such
              notice.

             

            3.05  Compensation
              for Losses. Upon
              demand of any Lender (with a copy to the Administrative Agent) from
              time to
              time, the Borrower shall promptly compensate such Lender for and hold
              such
              Lender harmless from any loss, cost or expense incurred by it as a
              result
              of:

             

            (a)  any
              continuation, conversion, payment or prepayment of any Loan other than
              a Base
              Rate Loan on a day other than the last day of the Interest Period for
              such Loan
              (whether voluntary, mandatory, automatic, by reason of acceleration,
              or
              otherwise);

             

            (b)  any
              failure by the Borrower (for a reason other than the failure of such
              Lender to
              make a Loan) to prepay, borrow, continue or convert any Loan other
              than a Base
              Rate Loan on the date or in the amount notified by the Borrower; or

             

            (c)  any
              assignment of a Eurodollar Rate Loan on a day other than the last day
              of the
              Interest Period therefor as a result of a request by the Borrower pursuant
              to
Section
              10.13;

             

            including
              any loss of anticipated profits and any loss or expense arising from
              the
              liquidation or reemployment of funds obtained by it to maintain such
              Loan or
              from fees payable to terminate the deposits from which such funds were
              obtained.
              The Borrower shall also pay any customary administrative fees charged
              by such
              Lender in connection with the foregoing.

             

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

             

             

            For
              purposes of calculating amounts payable by the Borrower to the Lenders
              under
              this Section
              3.05,
              each
              Lender shall be deemed to have funded each Eurodollar Rate Committed
              Loan made
              by it at the Eurodollar Base Rate used in determining the Eurodollar
              Rate for
              such Loan by a matching deposit or other borrowing in the London interbank
              eurodollar market for a comparable amount and for a comparable period,
              whether
              or not such Eurodollar Rate Committed Loan was in fact so funded.
              Notwithstanding the foregoing, the Borrower shall have no obligations
              pursuant
              to this Section
              3.05 with
              regard to the assignment, reallocation, termination and/or conversion
              of one or
              more Loans outstanding under the Existing Credit Agreement as of the
              Closing Date (as referenced in Section
              1.01(A))
              from a
              Loan under the Existing Credit Agreement to a Loan under this
              Agreement.

            

            3.06  Mitigation
              Obligations; Replacement of Lenders.

             

            (a)  Designation
              of a Different Lending Office.
              If any
              Lender requests compensation under Section
              3.04,
              or the
              Borrower is required to pay any additional amount to any Lender or
              any
              Governmental Authority for the account of any Lender pursuant to Section
              3.01,
              or if
              any Lender gives a notice pursuant to Section
              3.02,
              then
              such Lender shall use reasonable efforts to designate a different Lending
              Office
              for funding or booking its Loans hereunder or to assign its rights
              and
              obligations hereunder to another of its offices, branches or affiliates,
              if, in
              the judgment of such Lender, such designation or assignment (i) would
              eliminate
              or reduce amounts payable pursuant to Section
              3.01
              or
3.04,
              as the
              case may be, in the future, or eliminate the need for the notice pursuant
              to
Section
              3.02,
              as
              applicable, and (ii) in each case, would not subject such Lender to
              any
              unreimbursed cost or expense and would not otherwise be disadvantageous
              to such
              Lender. The Borrower hereby agrees to pay all reasonable costs and
              expenses
              incurred by any Lender in connection with any such designation or
              assignment.

             

            (b)  Replacement
              of Lenders.
              If any
              Lender requests compensation under Section
              3.04,
              or if
              the Borrower is required to pay any additional amount to any Lender
              or any
              Governmental Authority for the account of any Lender pursuant to Section
              3.01,
              the
              Borrower may replace such Lender in accordance with Section
              10.13.

             

            3.07  Survival.
              All
              of
              the Borrower’s obligations under this Article
              III
              shall
              survive termination of the Aggregate Commitments and repayment of all
              other
              Obligations hereunder.

             

            
              ARTICLE
                IV.  

              CONDITIONS
                PRECEDENT TO EFFECTIVENESS

              

                4.01  Conditions
                  of Effectiveness. This
                  Agreement shall become effective on the date that each of the following
                  conditions shall have been satisfied (or waived in accordance with
Section
                  10.01):

                 

                (a)  The
                  Administrative Agent’s receipt of the following, each of which shall be
                  originals or telecopies (followed promptly by originals) unless
                  otherwise
                  specified, each properly executed by a Responsible Officer, each
                  dated the
                  Closing Date (or, in the case of certificates of governmental officials,
                  a
                  recent date before the Closing Date) and each in form and substance
                  satisfactory
                  to the Administrative Agent and each of the Lenders:

                 

                 

                
                  
                    
                    

                  

                  
                    
                    

                    
                      

                    

                  

                  
                    
                    

                  

                

                 

                 

                (i)  executed
                  counterparts of this Agreement, sufficient in number for distribution
                  to the
                  Administrative Agent, each Lender and the Borrower;

                 

                (ii)  a
                  Note
                  executed by the Borrower in favor of each Lender requesting a Note;

                 

                (iii)  such
                  certificates of resolutions or other action, incumbency certificates
                  and/or
                  other certificates of Responsible Officers as the Administrative
                  Agent may
                  require evidencing the identity, authority and capacity of each
                  Responsible
                  Officer thereof authorized to act as a Responsible Officer in connection
                  with
                  this Agreement and the other Loan Documents;

                 

                (iv)  such
                  documents and certifications as the Administrative Agent may reasonably
                  require
                  to evidence that the Borrower is duly organized, and that the Borrower
                  is
                  validly existing, in good standing and qualified to engage in business
                  in each
                  jurisdiction where its ownership, lease or operation of properties
                  or the
                  conduct of its business requires such qualification, except to
                  the extent that
                  failure to do so is not reasonably likely to have a Material Adverse
                  Effect;

                 

                (v)  a
                  favorable opinion of Moore & Van Allen, PLLC, counsel to the Borrower,
                  addressed to the Administrative Agent and each Lender, as to the
                  matters set
                  forth in Exhibit
                  H;

                 

                (vi)  a
                  certificate of a Responsible Officer either (A) attaching copies
                  of all
                  consents, licenses and approvals required in connection with the
                  execution,
                  delivery and performance by and the validity against the Borrower
                  of the Loan
                  Documents to which it is a party, and such consents, licenses and
                  approvals
                  shall be in full force and effect, or (B) stating that no such
                  consents,
                  licenses or approvals are so required;

                 

                (vii)  a
                  certificate signed by a Responsible Officer of the Borrower certifying
                  (A) that
                  the conditions specified in Sections
                  4.02(a)
                  and
(b)
                  have
                  been satisfied (B) that there has been no event or circumstance
                  since the date
                  of the Audited Financial Statements, that has had or could be reasonably
                  expected to have, either individually or in the aggregate, a Material
                  Adverse
                  Effect; and (C) the current Debt Ratings; and

                 

                (viii)  such
                  other assurances, certificates, documents, consents or opinions
                  as the
                  Administrative Agent, the L/C Issuer, the Swing Line Lender or
                  the Required
                  Lenders reasonably may require.

                 

                (b)  Any
                  and
                  all fees required to be paid on or before the Closing Date, including
                  but not
                  limited to Facility Fees and other fees, if any, due through the
                  Closing Date
                  under the Existing Credit Agreement, shall have been paid.

                 

                (c)  Unless
                  waived by the Administrative Agent, the Borrower shall have paid
                  all fees,
                  charges and disbursements of counsel to the Administrative Agent
                  to the extent
                  invoiced prior to or on the Closing Date, plus such additional
                  amounts of such
                  fees, charges and disbursements as shall constitute its reasonable
                  estimate of
                  such fees, charges and disbursements incurred or to be 

                 

                 

                
                  
                    
                    

                  

                  
                    
                    

                    
                      

                    

                  

                  
                    
                    

                  

                

                 

                 

                incurred
                  by it through the closing proceedings (provided that such estimate
                  shall not
                  thereafter preclude a final settling of accounts between the Borrower
                  and the
                  Administrative Agent).

                 

                (d)  The
                  Closing Date shall have occurred on or before June 30, 2007.

                 

                Without
                  limiting the generality of the provisions of Section
                  9.04,
                  for
                  purposes of determining compliance with the conditions specified
                  in this
Section
                  4.01,
                  each
                  Lender that has signed this Agreement shall be deemed to have consented
                  to,
                  approved or accepted or to be satisfied with, each document or
                  other matter
                  required thereunder to be consented to or approved by or acceptable
                  or
                  satisfactory to a Lender unless the Administrative Agent shall
                  have received
                  notice from such Lender prior to the proposed Closing Date specifying
                  its
                  objection thereto.

                 

                4.02  Conditions
                  to all Credit Extensions. The
                  obligation of each Lender and each L/C Issuer to honor any Request
                  for Credit
                  Extension (other than a Committed Loan Notice requesting only a
                  conversion of
                  Committed Loans to the other Type, or a continuation of Eurodollar
                  Rate
                  Committed Loans) is subject to the following conditions precedent:

                 

                (a)  The
                  representations and warranties of the Borrower contained in Article
                  V
                  (other
                  than in Section
                  5.05(c))
                  or any
                  other Loan Document, or which are contained in any document furnished
                  at any
                  time under or in connection herewith or therewith, shall be true
                  and correct on
                  and as of the date of such Credit Extension, except to the extent
                  that such
                  representations and warranties specifically refer to an earlier
                  date, in which
                  case they shall be true and correct as of such earlier date, and
                  except that for
                  purposes of this Section
                  4.02,
                  the
                  representations and warranties contained in subsections (a) and
                  (b) of
Section
                  5.05
                  shall be
                  deemed to include the most recent statements furnished pursuant
                  to clauses (a)
                  and (b), respectively, of Section
                  6.01.

                 

                (b)  No
                  Default shall exist, or would result from such proposed Credit
                  Extension or from
                  the application of the proceeds thereof.

                 

                (c)  The
                  Administrative Agent and, if applicable, the L/C Issuer or the
                  Swing Line Lender
                  shall have received a Request for Credit Extension in accordance
                  with the
                  requirements hereof.

                 

                Each
                  Request for Credit Extension (other than a Committed Loan Notice
                  requesting only
                  a conversion of Committed Loans to the other Type or a continuation
                  of
                  Eurodollar Rate Committed Loans) submitted by the Borrower shall
                  be deemed to be
                  a representation and warranty that the conditions specified in
Sections
                  4.02(a)
                  and
(b)
                  have
                  been satisfied on and as of the date of the applicable Credit
                  Extension.

                

                   

                  ARTICLE
                    V.  

                  REPRESENTATIONS
                    AND WARRANTIES

                   

                  The
                    Borrower represents and warrants to the Administrative Agent
                    and the Lenders
                    that:

                   

                  5.01  Existence,
                    Qualification and Power. The
                    Borrower (a)
                    is
                    duly organized, validly existing and in good standing under the
                    laws of North
                    Carolina, (b) has all requisite 

                   

                   

                  
                    
                      
                      

                    

                    
                      
                      

                      
                        

                      

                    

                    
                      
                      

                    

                  

                   

                   

                  power
                    and
                    authority and all requisite governmental licenses, authorizations,
                    consents and
                    approvals to (i) own its assets and carry on its business and
                    (ii) execute,
                    deliver and perform its obligations under this Agreement, and
                    (c) is duly
                    qualified and is licensed and in good standing under the Laws
                    of each
                    jurisdiction where its ownership, lease or operation of properties
                    or the
                    conduct of its business requires such qualification or license,
                    except, in each
                    case referred to in clause (b)(i), or (c), to the extent that
                    failure to do so
                    is not reasonably likely to have a Material Adverse Effect.

                   

                  5.02  Authorization;
                    No Contravention. The
                    execution, delivery and performance by the Borrower of this Agreement,
                    the Notes
                    and the other Loan Documents (i) are within Borrower’s corporate powers, (ii)
                    have been duly authorized by all necessary corporate action,
                    or (iii) do not
                    contravene, or constitute a default under, any provision of applicable
                    law or
                    regulation or of the certificate of incorporation or bylaws of
                    Borrower, or of
                    any agreement, judgment, injunction, order, decree or other instrument
                    binding
                    upon Borrower or result in the creation or imposition of any
                    Lien on any asset
                    of the Borrower or any of its Subsidiaries.

                   

                  5.03  Governmental
                    Authorization; Other Consents. No
                    approval, consent, exemption, authorization, or other action
                    by, or notice to,
                    or filing with, any Governmental Authority or any other Person
                    is necessary or
                    required in connection with the execution, delivery or performance
                    by the
                    Borrower of this Agreement.

                   

                  5.04  Binding
                    Effect. This
                    Agreement has been duly executed and delivered by the Borrower.
                    This Agreement
                    constitutes, a legal, valid and binding obligation of the Borrower,
                    enforceable
                    against the Borrower in accordance with its terms; provided
                    that the
                    enforceability hereof is subject to general principles of equity
                    and to
                    bankruptcy, insolvency and similar laws affecting the enforcement
                    of creditors’
rights generally.

                   

                  5.05  Financial
                    Statements; No Material Adverse Effect. 

                   

                  (a)  The
                    Audited Financial Statements (i) were prepared in accordance
                    with GAAP
                    consistently applied throughout the period covered thereby, except
                    as otherwise
                    expressly noted therein; and (ii) fairly present the financial
                    condition of the
                    Borrower and its Subsidiaries as of the date thereof and their
                    results of
                    operations for the period covered thereby in accordance with
                    GAAP consistently
                    applied throughout the period covered thereby, except as otherwise
                    expressly
                    noted therein.

                   

                  (b)  The
                    unaudited consolidated balance sheet of the Borrower and its
Subsidiaries dated
                    May 4, 2007 and the related consolidated statements of income
                    or operations,
                    shareholders’ equity and cash flows for the fiscal quarter ended on that date
                    (i) were prepared in accordance with GAAP consistently applied
                    throughout the
                    period covered thereby, except as otherwise expressly noted therein,
                    and (ii)
                    fairly present the financial condition of the Borrower and its
                    Subsidiaries as
                    of the date thereof and their results of operations for the period
                    covered
                    thereby, subject, in the case of clauses (i) and (ii), to the
                    absence of
                    footnotes and to normal year-end audit adjustments. Schedule
                    5.05
                    sets
                    forth all material indebtedness and other liabilities, direct
                    or contingent, of
                    the Borrower and its consolidated Subsidiaries as of the date
                    of such financial
                    statements, including liabilities for taxes, material commitments
                    and
                    Indebtedness.

                   

                   

                  
                    
                      
                      

                    

                    
                      
                      

                      
                        

                      

                    

                    
                      
                      

                    

                  

                   

                   

                  (c)  Since
                    the
                    date of the Audited Financial Statements, there has been no event
                    or
                    circumstance, either individually or in the aggregate, that has
                    had or is
                    reasonably likely to have a Material Adverse Effect.

                   

                  5.06  Litigation.
                    There
                    are
                    no actions, suits or proceedings pending or, to the knowledge
                    of the Borrower,
                    threatened, at law, in equity, in arbitration or before any Governmental
                    Authority, by or against the Borrower or any of its Subsidiaries
                    that (a)
                    purport to call into question the validity or enforceability
                    of this Agreement
                    or any other Loan Document, or any of the transactions contemplated
                    hereby, or
                    (b) either individually or in the aggregate are reasonably likely
                    to have a
                    Material Adverse Effect.

                   

                  5.07  No
                    Default.
                    (a)
                    Neither the Borrower nor any Subsidiary is in default under or
                    with respect to
                    any Contractual Obligations that, either individually or in the
                    aggregate, are
                    reasonably likely to have a Material Adverse Effect.

                   

                  (b) No
                    Default has occurred and is continuing under this Agreement.

                   

                  5.08  Ownership
                    of Property; Liens. Each
                    of
                    the Borrower and its Subsidiaries has title to and/or a leasehold
                    interest in
                    its properties sufficient for the conduct of its business, and
                    none of such
                    property is subject to any Lien except as permitted in Section
                    7.01.

                   

                  5.09  [Reserved.]

                   

                  5.10  Taxes.
                    The
                    Borrower and its Subsidiaries have filed all Federal, state and
                    other material
                    tax returns and reports required to be filed, and have paid all
                    Federal, state
                    and other material taxes, assessments, fees and other governmental
                    charges
                    levied or imposed upon them or their properties, income or assets
                    otherwise due
                    and payable, except those which are being contested in good faith
                    by appropriate
                    proceedings and for which adequate reserves have been provided
                    in accordance
                    with GAAP.

                   

                  5.11  ERISA
                    Compliance.

                   

                  (a)  Each
                    Plan
                    that is intended to qualify under Section 401(a) of the Code
                    has received a
                    favorable determination letter from the IRS or an application
                    for such a letter
                    is currently being processed by the IRS with respect thereto
                    and, to the best
                    knowledge of the Borrower, nothing has occurred which would prevent,
                    or cause
                    the loss of, such qualification. The Borrower and each ERISA
                    Affiliate have
                    fulfilled their obligations under the minimum funding Standards
                    of ERISA and the
                    Code with respect to each Plan and are in compliance in all material
                    respects
                    with the presently applicable provisions of ERISA and the Code,
                    and have not
                    incurred any liability to the PBGC or to a Plan under Title IV
                    of
                    ERISA.

                   

                  (b)  There
                    are
                    no pending or, to the best knowledge of the Borrower, threatened
                    claims, actions
                    or lawsuits, or action by any Governmental Authority, with respect
                    to any Plan
                    that is reasonably likely to have a Material Adverse Effect.
                    There has been no
                    prohibited transaction or violation of the fiduciary responsibility
                    rules with
                    respect to any Plan that has resulted or is reasonably likely
                    to result in a
                    Material Adverse Effect. Neither the Borrower nor any ERISA Affiliate
                    is or
                    within the last five years has been obligated to contribute to
                    any Multiemployer
                    Plan.

                   

                   

                  
                    
                      
                      

                    

                    
                      
                      

                      
                        

                      

                    

                    
                      
                      

                    

                  

                   

                   

                  (c)  (i)
                    No
                    ERISA Event has occurred or is reasonably expected to occur;
                    (ii) no Pension
                    Plan has any Unfunded Pension Liability; (iii) neither the Borrower
                    nor any
                    ERISA Affiliate has incurred, or reasonably expects to incur,
                    any liability
                    under Title IV of ERISA with respect to any Pension Plan (other
                    than premiums
                    due and not delinquent under Section 4007 of ERISA); and (iv)
                    neither the
                    Borrower nor any ERISA Affiliate has engaged in a transaction
                    that could be
                    subject to Sections 4069 of ERISA.

                   

                  5.12  Margin
                    Regulations; Investment Company Act. 

                   

                  (a)  The
                    Borrower is not engaged and will not engage, principally or as
                    one of its
                    important activities, in the business of purchasing or carrying
                    margin stock
                    (within the meaning of Regulation U issued by the FRB), or extending
                    credit for
                    the purpose of purchasing or carrying margin stock.

                   

                  (b)  None
                    of
                    the Borrower, any Person Controlling the Borrower, or any Subsidiary
                    is or is
                    required to be registered as an “investment company” under the Investment
                    Company Act of 1940.

                   

                  5.13  Disclosure.
                    The
                    Borrower has disclosed to the Administrative Agent, each L/C
                    Issuer and the
                    Lenders all agreements, instruments and corporate or other restrictions
                    to which
                    it or any of its Subsidiaries is subject, and all other matters
                    known to it,
                    that, individually or in the aggregate, is reasonably likely
                    to result in a
                    Material Adverse Effect. No report, financial statement, certificate
                    or other
                    information furnished (whether in writing or orally) by or on
                    behalf of the
                    Borrower to the Administrative Agent, any L/C Issuer or any Lender
                    in connection
                    with the transactions contemplated hereby and the negotiation
                    of this Agreement
                    or delivered hereunder (in each case, as modified or supplemented
                    by other
                    information so furnished) contains any material misstatement
                    of fact or omits to
                    state any material fact necessary to make the statements therein,
                    in the light
                    of the circumstances under which they were made, not misleading;
provided
                    that,
                    with respect to projected financial information, the Borrower
                    represents only
                    that such information was prepared in good faith based upon assumptions
                    believed
                    to be reasonable at the time. 

                   

                  5.14  Compliance
                    with Laws. Each
                    of
                    the Borrower and each Subsidiary is in compliance in all material
                    respects with
                    the requirements of all Laws (including Environmental Laws) and
                    all orders,
                    writs, injunctions and decrees applicable to it or to its properties,
                    except in
                    such instances in which (a) such requirement of Law or order,
                    writ, injunction
                    or decree is being contested in good faith by appropriate proceedings
                    or (b) the
                    failure to comply therewith, either individually or in the aggregate,
                    is not
                    reasonably likely to have a Material Adverse Effect.

                   

                  5.15  Senior
                    Debt Designation.
                    No
                    indenture or other loan documentation to which the Borrower is
                    a party contains
                    a requirement that the Obligations be designated as “senior debt” in order to be
                    treated as such under such Indenture or other loan documentation.

                   

                  
                     

                    
                      
                        
                        

                      

                      
                        
                        

                        
                          

                        

                      

                      
                        
                        

                      

                    

                     

                     

                    ARTICLE
                      VI.  

                    AFFIRMATIVE
                      COVENANTS

                     

                    So
                      long
                      as any Lender shall have any Commitment hereunder, any Loan
                      or other Obligations
                      shall remain unpaid or unsatisfied, or any Letter of Credit
                      shall remain
                      outstanding, the Borrower shall, and shall (except in the case
                      of the covenants
                      set forth in Sections
                      6.01,
                      6.02,
                      and
6.03)
                      cause
                      each Subsidiary to:

                     

                    6.01  Financial
                      Statements. Deliver
                      to the Administrative Agent and each Lender, in form and detail
                      satisfactory to
                      the Administrative Agent and the Required Lenders:

                     

                    (a)  as
                      soon
                      as available, but in any event within 90 days after the end
                      of each fiscal year
                      of the Borrower, a consolidated balance sheet of the Borrower
                      and its
                      Subsidiaries as at the end of such fiscal year, and the related
                      consolidated
                      statements of income or operations, shareholders’ equity and cash flows for such
                      fiscal year, setting forth in each case in comparative form
                      the figures for the
                      previous fiscal year, all in reasonable detail and prepared
                      in accordance with
                      GAAP, audited and accompanied by a report and opinion of Deloitte
& Touche
                      or other independent certified public accountant of nationally
                      recognized
                      standing reasonably acceptable to the Required Lenders, which
                      report and opinion
                      shall be prepared in accordance with generally accepted auditing
                      standards and
                      shall not be subject to any “going concern” or exception or any qualification or
                      exception as to the scope of such audit; and

                     

                    (b)  as
                      soon
                      as available, but in any event within 45 days after the end
                      of each of the first
                      three fiscal quarters of each fiscal year of the Borrower,
                      a consolidated
                      balance sheet of the Borrower and its Subsidiaries as at the
                      end of such fiscal
                      quarter, and the related consolidated statements of income
                      or operations and
                      cash flows for such fiscal quarter and for the portion of the
                      Borrower’s fiscal
                      year then ended, setting forth in each case in comparative
                      form the figures for
                      the corresponding fiscal quarter of the previous fiscal year
                      and the
                      corresponding portion of the previous fiscal year, all in reasonable
                      detail,
                      certified by a Responsible Officer of the Borrower as fairly
                      presenting the
                      financial condition, results of operations, shareholders’ equity and cash flows
                      of the Borrower and its Subsidiaries in accordance with GAAP,
                      subject only to
                      normal year-end audit adjustments and the absence of footnotes

                     

                    As
                      to any
                      information contained in materials furnished pursuant to Section
                      6.02(d),
                      the
                      Borrower shall not be separately required to furnish such information
                      under
                      clause (a) or (b) above, but the foregoing shall not be in
                      derogation of the
                      obligation of the Borrower to furnish the information and materials
                      described in
                      clauses (a) and (b) above at the times specified therein.

                     

                    6.02  Certificates;
                      Other Information. Deliver
                      to the Administrative Agent and each Lender, in form and detail
                      satisfactory to
                      the Administrative Agent and the Required Lenders:

                     

                    (a)  concurrently
                      with the delivery of the financial statements referred to in
Section
                      6.01(a),
                      a
                      certificate of its independent certified public accountants
                      certifying such
                      financial statements and stating that in making the examination
                      necessary
                      therefor no knowledge was obtained of any Default or, if any
                      such Default shall
                      exist, stating the nature and status of such event;

                     

                     

                    
                      
                        
                        

                      

                      
                        
                        

                        
                          

                        

                      

                      
                        
                        

                      

                    

                     

                     

                    (b)  concurrently
                      with the delivery of the financial statements referred to in
Sections
                      6.01(a)
                      and
(b)
                      (commencing with the delivery of the financial statements for
                      the fiscal quarter
                      ended August 3, 2007), a duly completed Compliance Certificate
                      signed by a
                      Responsible Officer of the Borrower; 

                     

                    (c)  promptly
                      after the same are available, copies of each annual report,
                      proxy or financial
                      statement or other report or communication sent to the stockholders
                      of the
                      Borrower, and copies of all annual, regular, periodic and special
                      reports and
                      registration statements which the Borrower may file or be required
                      to file with
                      the SEC under Section 13 or 15(d) of the Securities Exchange
                      Act of 1934, and
                      not otherwise required to be delivered to the Administrative
                      Agent pursuant
                      hereto;

                     

                    (d)  promptly
                      after the furnishing thereof, copies of any statement or report
                      furnished to any
                      holder of debt securities of the Borrower or any Subsidiary
                      thereof relating to
                      any default or event of default under such indenture, loan
                      or credit or similar
                      agreement and not otherwise required to be furnished to the
                      Lenders pursuant to
                      Section 6.01 or any other clause of this Section 6.02; and

                     

                    (e)  promptly,
                      and in any event within ten Business Days after receipt thereof
                      by the Borrower
                      or any Subsidiary thereof, copies of each notice or other correspondence
                      received from the SEC (or comparable agency in any applicable
                      non-U.S.
                      jurisdiction) concerning any investigation (excluding routine
                      comment letters)
                      by such agency regarding financial or other operational results
                      of the Borrower
                      or any Subsidiary thereof; and

                     

                    (f)  promptly,
                      such additional information regarding the business, financial
                      or corporate
                      affairs of the Borrower or any Subsidiary, or compliance with
                      the terms of the
                      Loan Documents, as the Administrative Agent or any Lender may
                      from time to time
                      reasonably request.

                     

                    Documents
                      required to be delivered pursuant to Section
                      6.01(a)
                      or
(b)
                      or
Section
                      6.02(d)
                      (to the
                      extent any such documents are included in materials otherwise
                      filed with the
                      SEC) may be delivered electronically and if so delivered, shall
                      be deemed to
                      have been delivered on the date (i) on which the Borrower posts
                      such documents,
                      or provides a link thereto on the Borrower’s website on the Internet at the
                      website address listed on Schedule
                      10.02;
                      or (ii)
                      on which such documents are posted on the Borrower’s behalf on an Internet or
                      intranet website, if any, to which each Lender and the Administrative
                      Agent have
                      access (whether a commercial, third-party website or whether
                      sponsored by the
                      Administrative Agent); provided
                      that:
                      (i) the Borrower shall deliver paper copies of such documents
                      to the
                      Administrative Agent or any Lender that requests the Borrower
                      to deliver such
                      paper copies until a written request to cease delivering paper
                      copies is given
                      by the Administrative Agent or such Lender and (ii) the Borrower
                      shall notify
                      the Administrative Agent and each Lender (by telecopier or
                      electronic mail) of
                      the posting of any such documents and provide to the Administrative
                      Agent by
                      electronic mail electronic versions (i.e.,
                      soft
                      copies) of such documents. Notwithstanding anything contained
                      herein, in every
                      instance the Borrower shall be required to provide paper copies
                      of the
                      Compliance Certificates required by Section
                      6.02(b)
                      to the
                      Administrative Agent. Except for such Compliance Certificates,
                      the
                      Administrative Agent shall have no obligation to request the
                      delivery or to
                      maintain copies of the documents referred to above, and in
                      any event

                     

                     

                    
                      
                        
                        

                      

                      
                        
                        

                        
                          

                        

                      

                      
                        
                        

                      

                    

                     

                     

                    shall
                      have no responsibility to monitor compliance by the Borrower
                      with any such
                      request for delivery, and each Lender shall be solely responsible
                      for requesting
                      delivery to it or maintaining its copies of such documents.

                     

                    The
                      Borrower acknowledges that the Administrative Agent will make
                      available to the
                      Lenders materials and/or information provided by or on behalf
                      of the Borrower
                      hereunder (collectively, “Borrower
                      Materials”)
                      by
                      posting the Borrower Materials on IntraLinks or another similar
                      electronic
                      system (the “Platform”).

                     

                    6.03  Notices.
                      Promptly
                      notify the Administrative Agent and each Lender:

                     

                    (a)  of
                      the
                      occurrence of any Default;

                     

                    (b)  of
                      any
                      matter that has resulted or is reasonably likely to result
                      in a Material Adverse
                      Effect, including but not limited to (i) any dispute, litigation,
                      investigation,
                      or proceeding between the Borrower or any Subsidiary and any
                      Governmental
                      Authority; or (ii) the commencement of, or any material development
                      in, any
                      litigation or proceeding affecting the Borrower or any Subsidiary,
                      including
                      pursuant to any applicable Environmental Laws;

                     

                    (c)  of
                      the
                      occurrence of any ERISA Event, or if the Borrower and/or any
                      ERISA Affiliate
                      commences participation in one or more Multiemployer Plans
                      which will provide
                      retirement benefits to an aggregate of more than 500 employees
                      of Borrower or
                      the ERISA Affiliates;

                     

                    (d)  of
                      any
                      material change in accounting policies or financial reporting
                      practices by the
                      Borrower or any Subsidiary; and

                     

                    (e)  of
                      any
                      announcement by Moody’s, S&P, or Fitch of any downgrade in a Debt
                      Rating.

                     

                    Each
                      notice pursuant to this Section shall be accompanied by a statement
                      of a
                      Responsible Officer of the Borrower setting forth details of
                      the occurrence
                      referred to therein and stating what action the Borrower has
                      taken and proposes
                      to take with respect thereto. Each notice pursuant to Section
                      6.03(a)
                      shall
                      describe with particularity any and all provisions of this
                      Agreement and any
                      other Loan Document that have been breached.

                     

                    6.04  Payment
                      of Obligations. Pay
                      and
                      discharge as the same shall become due and payable, all its
                      obligations and
                      liabilities, including (a) all tax liabilities, assessments
                      and governmental
                      charges or levies upon it or its properties or assets, unless
                      the same are being
                      contested in good faith by appropriate proceedings diligently
                      conducted and
                      adequate reserves in accordance with GAAP are being maintained
                      by the Borrower
                      or such Subsidiary; (b) all lawful claims which, if unpaid,
                      would by law become
                      a Lien upon its property, except to the extent that any such
                      claim, individually
                      or in the aggregate, is not reasonably likely to result in
                      a Material Adverse
                      Effect; and (c) all Indebtedness, as and when due and payable,
                      but subject to
                      any subordination provisions contained in any instrument or
                      agreement evidencing
                      such Indebtedness, except to the extent that any such Indebtedness,
                      individually
                      or in the aggregate, is not reasonably likely to result in
                      a Material Adverse
                      Effect.

                     

                     

                    
                      
                        
                        

                      

                      
                        
                        

                        
                          

                        

                      

                      
                        
                        

                      

                    

                     

                     

                    6.05  Preservation
                      of Existence, Etc. (a)
                      Preserve, renew and maintain in full force and effect the Borrower’s legal
                      existence and good standing under the Laws of the jurisdiction
                      of its
                      organization except in a transaction permitted by Section
                      7.04
                      or
7.05;
                      (b)
                      maintain the legal existence and good standing of each Subsidiary
                      under the Laws
                      of the jurisdiction of its organization, except to the extent
                      that failure to do
                      so is not reasonably likely to have a Material Adverse Effect;
                      (c) take all
                      reasonable action to maintain all rights, privileges, permits,
                      licenses and
                      franchises necessary or desirable in the normal conduct of
                      its business, except
                      to the extent that failure to do so is not reasonably likely
                      to have a Material
                      Adverse Effect; and (d) preserve or renew all of its registered
                      patents,
                      trademarks, trade names and service marks, the non-preservation
                      of which is
                      reasonably likely to have a Material Adverse Effect.

                     

                    6.06  Maintenance
                      of Properties. (a)
                      Maintain, preserve and protect all of its material properties
                      and equipment
                      necessary in the operation of its business in good working
                      order and condition,
                      ordinary wear and tear excepted; (b) make all necessary and
                      desirable repairs
                      thereto and renewals and replacements thereof, except in the
                      case of both (a)
                      and (b) above, where the failure to do so is not reasonably
                      likely to have a
                      Material Adverse Effect.

                     

                    6.07  Maintenance
                      of Insurance. Maintain
                      insurance (including self-insurance) with respect to its properties
                      and business
                      as necessary and appropriate in the good faith business judgment
                      of the
                      Borrower.

                     

                    6.08  Compliance
                      with Laws. Comply
                      in
                      all material respects with the requirements of all Laws and
                      all orders, writs,
                      injunctions and decrees applicable to it or to its business
                      or property, except
                      in such instances in which (a) such requirement of Law or order,
                      writ,
                      injunction or decree is being contested in good faith by appropriate
                      proceedings; or (b) the failure to comply therewith is not
                      reasonably likely to
                      have a Material Adverse Effect. 

                     

                    6.09  Books
                      and Records. Maintain
                      proper books of record and account, in which full, true and
                      correct entries in
                      conformity with GAAP consistently applied shall be made of
                      all financial
                      transactions and matters involving the assets and business
                      of the Borrower or
                      such Subsidiary, as the case may be.

                     

                    6.10  Inspection
                      Rights. Permit
                      representatives and independent contractors of the Administrative
                      Agent and each
                      Lender to visit and inspect any of its properties, to examine
                      its corporate,
                      financial and operating records, and make copies thereof or
                      abstracts therefrom,
                      and to discuss its affairs, finances and accounts with its
                      directors, officers,
                      and independent public accountants, all at such reasonable
                      times during normal
                      business hours and as often as may be reasonably desired, upon
                      reasonable
                      advance notice to the Borrower; provided,
                      however,
                      that
                      when an Event of Default exists the Administrative Agent or
                      any Lender (or any
                      of their respective representatives or independent contractors)
                      may do any of
                      the foregoing at the expense of the Borrower at any time during
                      normal business
                      hours and without advance notice.

                     

                    6.11  Use
                      of Proceeds. Use
                      the
                      proceeds of the Credit Extensions for working capital, commercial
                      paper back-up
                      and general corporate purposes not in contravention of any
                      Law or of any Loan
                      Document.

                    

                       

                      
                        
                          
                          

                        

                        
                          
                          

                          
                            

                          

                        

                        
                          
                          

                        

                      

                       

                       

                      ARTICLE
                        VII.  

                      NEGATIVE
                        COVENANTS

                       

                      So
                        long
                        as any Lender shall have any Commitment hereunder, any Loan
                        or other Obligations
                        shall remain unpaid or unsatisfied, or any Letter of Credit
                        shall remain
                        outstanding, the Borrower shall not, nor shall it permit
                        any Subsidiary to,
                        directly or indirectly:

                       

                      7.01  Liens.
                        Create,
                        incur, assume or suffer to exist any Lien upon any of its
                        property, assets or
                        revenues, whether now owned or hereafter acquired, other
                        than the following:

                       

                      (a)  Liens
                        pursuant to any Loan Document;

                       

                      (b)  Liens
                        securing Indebtedness in an aggregate amount not exceeding
                        $10
                        million;

                       

                      (c)  Liens
                        existing on any asset of a corporation at the time such corporation
                        becomes a
                        Subsidiary and not created in contemplation of such event;

                       

                      (d)  Liens
                        securing Indebtedness incurred or assumed for the purpose
                        of financing all or
                        any part of the cost of acquiring, improving or constructing
                        an asset,
provided
                        that
                        such Lien attaches to such asset, concurrently with or within
                        twelve months
                        after the acquisition or completion of construction or improvement
                        thereof and
                        such Indebtedness secured thereby does not exceed the cost
                        or fair market value,
                        whichever is lower, of the asset so acquired, improved or
                        constructed;

                       

                      (e)  Liens
                        on
                        an asset of a corporation existing at the time such corporation
                        is merged or
                        consolidated with or into the Borrower or a Subsidiary and
                        not created in
                        contemplation of such event;

                       

                      (f)  Liens
                        existing on an asset prior to the acquisition thereof by
                        the Borrower or a
                        Subsidiary and not created in contemplation of such acquisition;

                       

                      (g)  Liens
                        securing Indebtedness owing by any Subsidiary to the Borrower;

                       

                      (h)  Liens
                        arising out of the refinancing, renewal or refunding of any
                        Indebtedness secured
                        by any Lien permitted by the foregoing clauses of this Section;
provided
                        that
                        (i) such Indebtedness is not secured by any additional assets,
                        and
                        (ii) the amount of such Indebtedness secured by any such Lien
                        is not
                        increased;

                       

                      (i)  Liens
                        for
                        taxes not yet due or which are being contested in good faith
                        and by appropriate
                        proceedings diligently conducted, if adequate reserves with
                        respect thereto are
                        maintained on the books of the applicable Person in accordance
                        with
                        GAAP;

                       

                      (j)  carriers’,
                        warehousemen’s, mechanics’, materialmen’s, repairmen’s or other like Liens
                        arising in the ordinary course of business which are not
                        overdue for a period of
                        more than 30 days or which are being contested in good faith
                        and by appropriate
                        proceedings diligently conducted, if adequate reserves with
                        respect thereto are
                        maintained on the books of the applicable Person;

                       

                       

                      
                        
                          
                          

                        

                        
                          
                          

                          
                            

                          

                        

                        
                          
                          

                        

                      

                       

                       

                      (k)  pledges
                        or deposits in the ordinary course of business in connection
                        with workers’
compensation, unemployment insurance and other social security
                        legislation,
                        other than any Lien imposed by ERISA;

                       

                      (l)  deposits
                        to secure the performance of bids, trade contracts and leases
                        (other than
                        Indebtedness), statutory obligations, surety bonds (other
                        than bonds related to
                        judgments or litigation), performance bonds and other obligations
                        of a like
                        nature incurred in the ordinary course of business;

                       

                      (m)  easements,
                        rights-of-way, restrictions and other similar encumbrances
                        affecting real
                        property which, in the aggregate, are not substantial in
                        amount, and which do
                        not in any case materially detract from the value of the
                        property subject
                        thereto or materially interfere with the ordinary conduct
                        of the business of the
                        applicable Person;

                       

                      (n)  Liens
                        securing judgments for the payment of money not constituting
                        an Event of Default
                        under Section
                        8.01(g)
                        or
                        securing appeal or other surety bonds related to such judgments;

                       

                      (o)  Liens
                        incidental to the conduct of its business or ownership of
                        its property that (i)
                        do not secure Indebtedness and (ii) do not in the aggregate
                        materially detract
                        from the value of its property or materially impair the use
                        thereof in the
                        operation of its business;

                       

                      (p)  Liens
                        on
                        margin stock;

                       

                      (q)  any
                        Lien
                        on the accounts and accounts receivable of the Borrower arising
                        out of the
                        securitization of such accounts and accounts receivable or
                        a secured borrowing
                        of money that requires the pledge of or a security interest
                        on such accounts and
                        accounts receivable provided that: (i) such Lien encumbers
                        only the accounts and
                        accounts receivable subject to the securitization, and (ii)
                        in the case of a
                        secured borrowing of money any such Lien shall at all times
                        be confined solely
                        to such accounts and accounts receivable that are required
                        to secure such
                        borrowing; and

                       

                      (r)  Liens
                        not
                        otherwise permitted by the foregoing clauses of this Section
                        7.01
                        which
                        secure Indebtedness, that, when aggregated with all other
                        Indebtedness secured
                        by Liens permitted by clause (q) above, does not exceed 20%
                        of Consolidated
                        Tangible Net Worth. 

                       

                      7.02  [Reserved.]

                       

                      7.03  Indebtedness.
                        Create,
                        incur, assume or suffer to exist any Indebtedness, in each
                        case, of a
                        Subsidiary, except:

                       

                      (a)  Current
                        accounts payable arising in the ordinary course of business;

                       

                      (b)  Indebtedness
                        outstanding on the date hereof and listed on Schedule
                        7.03
                        and any
                        refinancings, refundings, renewals or extensions thereof;
provided
                        that the
                        amount of such Indebtedness is not increased at the time
                        of such refinancing,
                        refunding, renewal or extension except by an amount equal
                        to a reasonable
                        premium or other reasonable amount paid, and fees

                       

                       

                      
                        
                          
                          

                        

                        
                          
                          

                          
                            

                          

                        

                        
                          
                          

                        

                      

                       

                       

                       and
                        expenses reasonably incurred, in connection with such refinancing
                        and by an
                        amount equal to any existing commitments unutilized thereunder;

                       

                      (c)  Indebtedness
                        of a Subsidiary owing to the Borrower or another Subsidiary;

                       

                      (d)  Guarantees
                        by any Subsidiary in respect of Indebtedness of the Borrower
                        or of another
                        Subsidiary otherwise permitted hereunder;

                       

                      (e)  obligations
                        (contingent or otherwise) of any Subsidiary existing or arising
                        under any Swap
                        Contract, provided
                        that (i)
                        such obligations are (or were) entered into by such Person
                        in the ordinary
                        course of business for the purpose of directly mitigating
                        risks associated with
                        liabilities, commitments, investments, assets, or property
                        held or reasonably
                        anticipated by such Person, or changes in the value of securities
                        issued by such
                        Person, and not for purposes of speculation or taking a “market view;” and (ii)
                        such Swap Contract does not contain any provision exonerating
                        the non-defaulting
                        party from its obligation to make payments on outstanding
                        transactions to the
                        defaulting party;

                       

                      (f)  Indebtedness
                        in respect of capital leases, Synthetic Lease Obligations
                        and purchase money
                        obligations for fixed or capital assets within the limitations
                        set forth in
Section
                        7.01(d);
                        and

                       

                      (g)  Other
                        secured or unsecured Indebtedness not otherwise permitted
                        by the foregoing
                        clauses of this Section
                        7.03,
                        so long
                        as the aggregate principal amount of such Indebtedness, when
                        aggregated with all
                        other Indebtedness outstanding as permitted under clause
                        (f) above, does not
                        exceed 20% of Consolidated Tangible Net Worth.

                       

                      7.04  Fundamental
                        Changes. Merge,
                        dissolve, liquidate, consolidate with or into another Person,
                        or Dispose of
                        (whether in one transaction or in a series of transactions)
                        all or substantially
                        all of its assets (whether now owned or hereafter acquired)
                        to or in favor of
                        any Person, or discontinue or eliminate, a line of business;
provided,
                        that
                        the foregoing limitation on the sale, lease or other transfer
                        of assets and on
                        the discontinuance or elimination of a line of business shall
                        not prohibit, at
                        any time, a transfer of assets or the discontinuance or elimination
                        of a line of
                        business (in a single transaction or a series of related
                        transactions) to the
                        extent that any such Disposition would not cause the aggregate
                        value of all
                        assets Disposed of (excluding the sale, lease or other transfer
                        of assets
                        permitted under clause (c) of this Section), after the Closing
                        Date to
                        constitute more than 20% of Consolidated Total Assets as
                        set forth or reflected
                        on the most recent consolidated balance sheet of the Borrower
                        and its
                        Consolidated Subsidiaries, prepared in accordance with GAAP,
                        and provided,
                        further,
                        that so
                        long as no Default exists or would result therefrom:

                       

                      (a)  the
                        Borrower may merge with another Person if (i) such Person
                        is organized under the
                        laws of the United States of America or one of its states,
                        and (ii) the
                        Borrower is the surviving corporation;

                       

                      (b)  any
                        Subsidiary may merge with (i) the Borrower, provided
                        that the
                        Borrower shall be the continuing or surviving Person, or
                        (ii) any one or more
                        other Subsidiaries; and

                       

                       

                      
                        
                          
                          

                        

                        
                          
                          

                          
                            

                          

                        

                        
                          
                          

                        

                      

                       

                       

                      (c)  any
                        Subsidiary may Dispose of all or substantially all of its
                        assets (upon voluntary
                        liquidation or otherwise) to the Borrower or to another Subsidiary.

                       

                      For
                        purposes of calculating under this Section
                        7.04,
                        the
                        aggregate assets transferred by the Borrower or its Subsidiaries,
                        such
                        calculation shall not include accounts receivable that have
                        been transferred
                        after the Closing Date in connection with a securitization
                        of such accounts
                        receivable.

                       

                      7.05  Transactions
                        with Affiliates. Enter
                        into any transaction of any kind with any Affiliate of the
                        Borrower, whether or
                        not in the ordinary course of business, other than on fair
                        and reasonable terms
                        substantially as favorable to the Borrower or such Subsidiary
                        as would be
                        obtainable by the Borrower or such Subsidiary at the time
                        in a comparable arm’s
                        length transaction with a Person other than an Affiliate,
                        provided that the
                        foregoing restriction shall not apply to transactions between
                        or among the
                        Borrower and any of its wholly-owned Subsidiaries or between
                        and among any
                        wholly-owned Subsidiaries.

                       

                      7.06  Use
                        of Proceeds. Use
                        the
                        proceeds of any Credit Extension, whether directly or indirectly,
                        and whether
                        immediately, incidentally or ultimately, to purchase or carry
                        margin stock
                        (within the meaning of Regulation U of the FRB) or to extend
                        credit to others
                        for the purpose of purchasing or carrying margin stock or
                        to refund indebtedness
                        originally incurred for such purpose.

                       

                      7.07  Ratio
                        of Consolidated Adjusted Funded Debt to Total Capitalization.
                        Permit
                        the ratio of Consolidated Adjusted Funded Debt to Total Capitalization
                        to exceed
                        0.75 to 1.00 at any time.

                       

                    

                    
                      ARTICLE
                        VIII.  

                      EVENTS
                        OF DEFAULT AND REMEDIES 

                       

                      8.01  Events
                        of Default. Any
                        of
                        the following shall constitute an Event of Default:

                       

                      (a)  Non-Payment.
                        The
                        Borrower fails to pay (i) when and as required to be paid
                        herein, any amount of
                        principal of any Loan or any L/C Obligation, or (ii) within
                        three days after the
                        same becomes due, any interest on any Loan or on any L/C
                        Obligation, or any fee
                        due hereunder, or (iii) within five days after the same becomes
                        due, any other
                        amount payable hereunder or under any other Loan Document;
                        or

                       

                      (b)  Specific
                        Covenants.
                        The
                        Borrower fails to perform or observe any term, covenant or
                        agreement contained
                        in any of Section
                        6.03
                        (to the
                        extent that the event for which notice was not given is reasonably
                        likely to
                        result in a Material Adverse Effect), 6.05(a),
                        6.10,
                        7.01,
                        7.03,
                        7.04
                        or
7.07;
                        or

                       

                      (c)  Other
                        Defaults.
                        The
                        Borrower fails to perform or observe any other covenant or
                        agreement (not
                        specified in subsection (a) or (b) above, but including Section
                        6.03 to the
                        extent that the event for which notice was not given is not
                        reasonably likely to
                        result in a Material Adverse Effect) contained in any Loan
                        Document on its part
                        to be performed or observed and 

                       

                       

                      
                        
                          
                          

                        

                        
                          
                          

                          
                            

                          

                        

                        
                          
                          

                        

                      

                       

                       

                      such
                        failure continues for 30 days from the earlier of (i) the first day on
                        which the Borrower has knowledge of such failure or (ii) written notice
                        thereof has been given to the Borrower by the Administrative
                        Agreement at the
                        request of any Lender; or

                       

                      (d)  Representations
                        and Warranties.
                        Any
                        representation, warranty, certification or statement of fact
                        made or deemed made
                        by the Borrower herein, or in any document delivered in connection
                        herewith or
                        therewith shall be false, incorrect or misleading in any
                        material respect when
                        made or deemed made; or

                       

                      (e)  Cross-Default.
                        (i) The
                        Borrower or any Subsidiary (A) fails to make any payment
                        when due (whether by
                        scheduled maturity, required prepayment, acceleration, demand,
                        or otherwise) in
                        respect of any Indebtedness or Guarantee (other than Indebtedness
                        hereunder and
                        Indebtedness under Swap Contracts) having an aggregate principal
                        amount
                        (including undrawn committed or available amounts and including
                        amounts owing to
                        all creditors under any combined or syndicated credit arrangement)
                        of more than
                        the Threshold Amount, or (B) fails to observe or perform
                        any other agreement or
                        condition relating to any such Indebtedness or Guarantee
                        or contained in any
                        instrument or agreement evidencing, securing or relating
                        thereto, or any other
                        event occurs, the effect of which default or other event
                        is to cause the holder
                        or holders of such Indebtedness or the beneficiary or beneficiaries
                        of such
                        Guarantee (or a trustee or agent on behalf of such holder
                        or holders or
                        beneficiary or beneficiaries) to cause such Indebtedness
                        to be demanded or to
                        become due or to be repurchased, prepaid, defeased or redeemed
                        (automatically or
                        otherwise), prior to its stated maturity, or such Guarantee
                        to become payable or
                        cash collateral in respect thereof to be demanded, if the
                        amount of such
                        Indebtedness or Guarantee is more than the Threshold Amount;
                        or (ii) there
                        occurs under any Swap Contract an Early Termination Date
                        (as defined in such
                        Swap Contract) resulting from (A) any event of default under
                        such Swap Contract
                        as to which the Borrower or any Subsidiary is the Defaulting
                        Party (as defined
                        in such Swap Contract) or (B) any Termination Event (as so
                        defined) under such
                        Swap Contract as to which the Borrower or any Subsidiary
                        is an Affected Party
                        (as so defined) and, in either event, the Swap Termination
                        Value owed by the
                        Borrower or such Subsidiary as a result thereof is greater
                        than the Threshold
                        Amount; or

                       

                      (f)  Insolvency
                        Proceedings, Etc.
                        The
                        Borrower or any of its Subsidiaries institutes or consents
                        to the institution of
                        any proceeding under any Debtor Relief Law, or makes an assignment
                        for the
                        benefit of creditors; or applies for or consents to the appointment
                        of any
                        receiver, trustee, custodian, conservator, liquidator, rehabilitator
                        or similar
                        officer for it or for all or any material part of its property;
                        or any receiver,
                        trustee, custodian, conservator, liquidator, rehabilitator
                        or similar officer is
                        appointed without the application or consent of such Person
                        and the appointment
                        continues undischarged or unstayed for 60 calendar days;
                        or any proceeding under
                        any Debtor Relief Law relating to any such Person or to all
                        or any material part
                        of its property is instituted without the consent of such
                        Person and continues
                        undismissed or unstayed for 60 calendar days, or an order
                        for relief is entered
                        in any such proceeding; or

                       

                      (g)  Judgments.
                        There
                        is entered against the Borrower or any Subsidiary (i) a final
                        judgment or order
                        for the payment of money in an aggregate amount exceeding
                        the Threshold Amount
                        (to the extent not covered by independent third-party insurance
                        as to which the
                        insurer does not dispute coverage), or (ii) any one or more
                        non-monetary final
                        judgments that have, or is reasonably likely to have, individually
                        or in the
                        aggregate, a Material Adverse Effect and, in 

                       

                       

                      
                        
                          
                          

                        

                        
                          
                          

                          
                            

                          

                        

                        
                          
                          

                        

                      

                       

                       

                      either
                        case, (A) enforcement proceedings are commenced by any creditor
                        upon such
                        judgment or order, or (B) there is a period of 10 consecutive
                        days during which
                        a stay of enforcement of such judgment, by reason of a pending
                        appeal or
                        otherwise, is not in effect; or 

                       

                      (h)  ERISA.
                        (i) An
                        ERISA Event occurs with respect to a Pension Plan or Multiemployer
                        Plan which
                        has resulted or is reasonably likely to result in liability
                        of the Borrower
                        under Title IV of ERISA to the Pension Plan, Multiemployer
                        Plan or the PBGC in
                        an aggregate amount in excess of the Threshold Amount, or
                        (ii) the Borrower or
                        any ERISA Affiliate fails to pay when due, after the expiration
                        of any
                        applicable grace period, any installment payment with respect
                        to its withdrawal
                        liability under Section 4201 of ERISA under a Multiemployer
                        Plan in an aggregate
                        amount in excess of the Threshold Amount; or

                       

                      (i)  Change
                        of Control.
                        There
                        occurs any Change of Control.

                       

                      8.02  Remedies
                        Upon Event of Default. If
                        any
                        Event of Default occurs and is continuing, the Administrative
                        Agent shall, at
                        the request of, or may, with the consent of, the Required
                        Lenders, take any or
                        all of the following actions:

                       

                      (a)  declare
                        the commitment of each Lender to make Loans and any obligation
                        of each L/C
                        Issuer to make L/C Credit Extensions to be terminated, whereupon
                        such
                        commitments and obligation shall be terminated; 

                       

                      (b)  declare
                        the unpaid principal amount of all outstanding Loans, all
                        interest accrued and
                        unpaid thereon, and all other amounts owing or payable hereunder
                        or under any
                        other Loan Document to be immediately due and payable, without
                        presentment,
                        demand, protest or other notice of any kind, all of which
                        are hereby expressly
                        waived by the Borrower; 

                       

                      (c)  require
                        that the Borrower Cash Collateralize the L/C Obligations
                        (in an amount equal to
                        the then Outstanding Amount thereof); and

                       

                      (d)  exercise
                        on behalf of itself and the Lenders all rights and remedies
                        available to it and
                        the Lenders under the Loan Documents;

                       

                      provided,
                        however,
                        that
                        upon the occurrence of an actual or deemed entry of an order
                        for relief with
                        respect to the Borrower under the Bankruptcy Code of the
                        United States, the
                        obligation of each Lender to make Loans and any obligation
                        of each L/C Issuer to
                        make L/C Credit Extensions shall automatically terminate,
                        the unpaid principal
                        amount of all outstanding Loans and all interest and other
                        amounts as aforesaid
                        shall automatically become due and payable, and the obligation
                        of the Borrower
                        to Cash Collateralize the L/C Obligations as aforesaid shall
                        automatically
                        become effective, in each case without further act of the
                        Administrative Agent
                        or any Lender.

                       

                      8.03  Application
                        of Funds. After
                        the
                        exercise of remedies provided for in Section
                        8.02
                        (or
                        after the Loans have automatically become immediately due
                        and payable and the
                        L/C Obligations have automatically been required to be Cash
                        Collateralized as
                        set forth in the proviso to Section
                        8.02),
                        any
                        amounts received on account of the Obligations shall be applied
                        by the
                        Administrative Agent in the following order:

                       

                       

                      
                        
                          
                          

                        

                        
                          
                          

                          
                            

                          

                        

                        
                          
                          

                        

                      

                       

                       

                      First,
                        to
                        payment of that portion of the Obligations constituting fees,
                        indemnities,
                        expenses and other amounts (including fees, charges and disbursements of counsel
                        to the Administrative Agent and amounts payable under Article
                        III)
                        payable
                        to the Administrative Agent in its capacity as such;

                       

                      Second,
                        to
                        payment of that portion of the Obligations constituting fees,
                        indemnities and
                        other amounts (other than principal and interest) payable
                        to the Lenders and the
                        L/C Issuer (including fees, charges and disbursements of
                        counsel to the
                        respective Lenders and the L/C Issuer (including fees and
                        time charges for
                        attorneys who may be employees of any Lender or any L/C Issuer)
                        and amounts
                        payable under Article
                        III),
                        ratably among them in proportion to the amounts described
                        in this clause
Second
                        payable
                        to them;

                       

                      Third,
                        to
                        payment of that portion of the Obligations constituting accrued
                        and unpaid
                        interest on the Loans, L/C Borrowings and other Obligations,
                        ratably among the
                        Lenders and the L/C Issuers in proportion to the respective
                        amounts described in
                        this clause Third
                        payable
                        to them;

                       

                      Fourth,
                        to
                        payment of that portion of the Obligations constituting unpaid
                        principal of the
                        Loans and L/C Borrowings, ratably among the Lenders and the
                        L/C Issuers in
                        proportion to the respective amounts described in this clause
Fourth
                        held by
                        them;

                       

                      Fifth,
                        to the
                        Administrative Agent for the account of the L/C Issuer, to
                        Cash Collateralize
                        that portion of L/C Obligations comprised of the aggregate
                        undrawn amount of
                        Letters of Credit; 

                       

                      Last,
                        the
                        balance, if any, after all of the Obligations have been indefeasibly
                        paid in
                        full, to the Borrower or as otherwise required by Law.

                       

                      Subject
                        to Section
                        2.04(c),
                        amounts
                        used to Cash Collateralize the aggregate undrawn amount of
                        Letters of Credit
                        pursuant to clause Fifth
                        above
                        shall be applied to satisfy drawings under such Letters of
                        Credit as they occur.
                        If any amount remains on deposit as Cash Collateral after
                        all Letters of Credit
                        have either been fully drawn or expired, such remaining amount
                        shall be applied
                        to the other Obligations, if any, in the order set forth
                        above.

                       

                    

                    

                       

                      ARTICLE
                        IX.  

                      ADMINISTRATIVE
                        AGENT

                       

                      9.01  Appointment
                        and Authority. Each
                        of
                        the Lenders and the L/C Issuer hereby irrevocably appoints
                        Bank of America to
                        act on its behalf as the Administrative Agent hereunder and
                        under the other Loan
                        Documents and authorizes the Administrative Agent to take
                        such actions on its
                        behalf and to exercise such powers as are delegated to the
                        Administrative Agent
                        by the terms hereof or thereof, together with such actions
                        and powers as are
                        reasonably incidental thereto. The provisions of this Article
                        are solely for the
                        benefit of the Administrative Agent, the Lenders and the
                        L/C Issuer, and the
                        Borrower shall not have rights as a third party beneficiary
                        of any of such
                        provisions.

                       

                       

                      
                        
                          
                          

                        

                        
                          
                          

                          
                            

                          

                        

                        
                          
                          

                        

                      

                       

                       

                      9.02  Rights
                        as a Lender. The
                        Person serving as the Administrative Agent hereunder shall
                        have the same rights
                        and powers in its capacity as a Lender as any other Lender
                        and may exercise the
                        same as though it were not the Administrative Agent and the
                        term “Lender” or
“Lenders” shall, unless otherwise expressly indicated or unless the
                        context
                        otherwise requires, include the Person serving as the Administrative
                        Agent
                        hereunder in its individual capacity. Such Person and its
                        Affiliates may accept
                        deposits from, lend money to, act as the financial advisor
                        or in any other
                        advisory capacity for and generally engage in any kind of
                        business with the
                        Borrower or any Subsidiary or other Affiliate thereof as
                        if such Person were not
                        the Administrative Agent hereunder and without any duty to
                        account therefor to
                        the Lenders.

                       

                      9.03  Exculpatory
                        Provisions. The
                        Administrative Agent shall not have any duties or obligations
                        except those
                        expressly set forth herein and in the other Loan Documents.
                        Without limiting the
                        generality of the foregoing, the Administrative Agent:

                       

                      (a)  shall
                        not
                        be subject to any fiduciary or other implied duties, regardless
                        of whether a
                        Default has occurred and is continuing;

                       

                      (b)  shall
                        not
                        have any duty to take any discretionary action or exercise
                        any discretionary
                        powers, except discretionary rights and powers expressly
                        contemplated hereby or
                        by the other Loan Documents that the Administrative Agent
                        is required to
                        exercise as directed in writing by the Required Lenders (or
                        such other number or
                        percentage of the Lenders as shall be expressly provided
                        for herein or in the
                        other Loan Documents), provided
                        that the
                        Administrative Agent shall not be required to take any action
                        that, in its
                        opinion or the opinion of its counsel, may expose the Administrative
                        Agent to
                        liability or that is contrary to any Loan Document or applicable
                        law;
                        and

                       

                      (c)  shall
                        not, except as expressly set forth herein and in the other
                        Loan Documents, have
                        any duty to disclose, and shall not be liable for the failure
                        to disclose, any
                        information relating to the Borrower or any of its Affiliates
                        that is
                        communicated to or obtained by the Person serving as the
                        Administrative Agent or
                        any of its Affiliates in any capacity.

                       

                      The
                        Administrative Agent shall not be liable for any action taken
                        or not taken by it
                        (i) with the consent or at the request of the Required Lenders
                        (or such other
                        number or percentage of the Lenders as shall be necessary,
                        or as the
                        Administrative Agent shall believe in good faith shall be
                        necessary, under the
                        circumstances as provided in Sections
                        10.01
                        and
8.02)
                        or (ii)
                        in the absence of its own gross negligence or willful misconduct.
                        The
                        Administrative Agent shall be deemed not to have knowledge
                        of any Default unless
                        and until notice describing such Default is given to the
                        Administrative Agent by
                        the Borrower, a Lender or the L/C Issuer.

                       

                      The
                        Administrative Agent shall not be responsible for or have
                        any duty to ascertain
                        or inquire into (i) any statement, warranty or representation
                        made in or in
                        connection with this Agreement or any other Loan Document,
                        (ii) the contents of
                        any certificate, report or other document delivered hereunder
                        or thereunder or
                        in connection herewith or therewith, (iii) the performance
                        or observance of any
                        of the covenants, agreements or other terms or conditions
                        set forth herein or
                        therein or the occurrence of any Default, (iv) the validity,
                        enforceability,
                        effectiveness or genuineness of this Agreement, any other
                        Loan Document or any
                        other agreement, instrument or document or (v) the satisfaction
                        of any condition
                        set forth in Article
                        IV

                       

                       

                      
                        
                          
                          

                        

                        
                          
                          

                          
                            

                          

                        

                        
                          
                          

                        

                      

                       

                       

                       or
                        elsewhere herein, other than to confirm receipt of items
                        expressly required to
                        be delivered to the Administrative Agent.

                       

                      9.04  Reliance
                        by Administrative Agent. The
                        Administrative Agent shall be entitled to rely upon, and
                        shall not incur any
                        liability for relying upon, any notice, request, certificate,
                        consent,
                        statement, instrument, document or other writing (including
                        any electronic
                        message, Internet or intranet website posting or other distribution)
                        believed by
                        it to be genuine and to have been signed, sent or otherwise
                        authenticated by the
                        proper Person. The Administrative Agent also may rely upon
                        any statement made to
                        it orally or by telephone and believed by it to have been
                        made by the proper
                        Person, and shall not incur any liability for relying thereon.
                        In determining
                        compliance with any condition hereunder to the making of
                        a Loan, or the issuance
                        of a Letter of Credit, that by its terms must be fulfilled
                        to the satisfaction
                        of a Lender or the L/C Issuer, the Administrative Agent may
                        presume that such
                        condition is satisfactory to such Lender or the L/C Issuer
                        unless the
                        Administrative Agent shall have received notice to the contrary
                        from such Lender
                        or the L/C Issuer prior to the making of such Loan or the
                        issuance of such
                        Letter of Credit. The Administrative Agent may consult with
                        legal counsel (who
                        may be counsel for the Borrower), independent accountants
                        and other experts
                        selected by it, and shall not be liable for any action taken
                        or not taken by it
                        in accordance with the advice of any such counsel, accountants
                        or
                        experts.

                       

                      9.05  Delegation
                        of Duties. The
                        Administrative Agent may perform any and all of its duties
                        and exercise its
                        rights and powers hereunder or under any other Loan Document
                        by or through any
                        one or more sub-agents appointed by the Administrative Agent.
                        The Administrative
                        Agent and any such sub-agent may perform any and all of its
                        duties and exercise
                        its rights and powers by or through their respective Related
                        Parties. The
                        exculpatory provisions of this Article shall apply to any
                        such sub-agent and to
                        the Related Parties of the Administrative Agent and any such
                        sub-agent, and
                        shall apply to their respective activities in connection
                        with the syndication of
                        the credit facilities provided for herein as well as activities
                        as
                        Administrative Agent.

                       

                      9.06  Resignation
                        of Administrative Agent; L/C Issuer.
                        Each of
                        the Administrative Agent and any L/C Issuer may at any time
                        give notice of its
                        resignation to the Lenders, the L/C Issuer and the Borrower.
                        Upon receipt of any
                        such notice of resignation, the Required Lenders shall have
                        the right, in
                        consultation with the Borrower so long as no Event of Default
                        exists, to appoint
                        a successor, which shall be a bank with an office in the
                        United States, or an
                        Affiliate of any such bank with an office in the United States.
                        If no such
                        successor shall have been so appointed by the Required Lenders
                        and shall have
                        accepted such appointment within 30 days after the retiring
                        Administrative Agent
                        gives notice of its resignation, then the retiring Administrative
                        Agent may on
                        behalf of the Lenders and the L/C Issuer, appoint a successor
                        Administrative
                        Agent meeting the qualifications set forth above; provided
                        that if
                        the Administrative Agent shall notify the Borrower and the
                        Lenders that no
                        qualifying Person has accepted such appointment, then such
                        resignation shall
                        nonetheless become effective in accordance with such notice
                        and (1) the retiring
                        Administrative Agent shall be discharged from its duties
                        and obligations
                        hereunder and under the other Loan Documents (except that
                        in the case of any
                        collateral security held by the Administrative Agent on behalf
                        of the Lenders or
                        the L/C Issuer under any of the Loan Documents, the retiring
                        Administrative
                        Agent shall continue to hold such collateral security until
                        such time as a
                        successor Administrative Agent is appointed) and (2) all
                        payments,
                        communications and determinations provided to be made by,
                        to or through

                       

                       

                      
                        
                          
                          

                        

                        
                          
                          

                          
                            

                          

                        

                        
                          
                          

                        

                      

                       

                       

                      the
                        Administrative Agent shall instead be made by or to each
                        Lender and the L/C
                        Issuers directly, until such time as the Required Lenders
                        appoint a successor
                        Administrative Agent as provided for above in this Section.
                        Upon the acceptance
                        of a successor’s appointment as Administrative Agent hereunder, such successor
                        shall succeed to and become vested with all of the rights,
                        powers, privileges
                        and duties of the retiring (or retired) Administrative Agent,
                        and the retiring
                        Administrative Agent shall be discharged from all of its
                        duties and obligations
                        hereunder or under the other Loan Documents (if not already
                        discharged therefrom
                        as provided above in this Section). The fees payable by the
                        Borrower to a
                        successor Administrative Agent shall be the same as those
                        payable to its
                        predecessor unless otherwise agreed between the Borrower
                        and such successor.
                        After the retiring Administrative Agent’s resignation hereunder and under the
                        other Loan Documents, the provisions of this Article and
Section
                        10.04
                        shall
                        continue in effect for the benefit of such retiring Administrative
                        Agent, its
                        sub-agents and their respective Related Parties in respect
                        of any actions taken
                        or omitted to be taken by any of them while the retiring
                        Administrative Agent
                        was acting as Administrative Agent.

                       

                      Any
                        resignation by Bank of America as Administrative Agent pursuant
                        to this Section
                        shall also constitute its resignation as L/C Issuer and Swing
                        Line Lender. Upon
                        the acceptance of a successor’s appointment as Administrative Agent hereunder,
                        (a) such successor shall succeed to and become vested with
                        all of the rights,
                        powers, privileges and duties of the retiring L/C Issuer
                        and Swing Line Lender,
                        (b) the retiring L/C Issuer and Swing Line Lender shall be
                        discharged from all
                        of their respective duties and obligations hereunder or under
                        the other Loan
                        Documents, and (c) the successor L/C Issuer shall issue letters
                        of credit in
                        substitution for the Letters of Credit, if any, outstanding
                        at the time of such
                        succession or make other arrangement satisfactory to the
                        retiring L/C Issuer to
                        effectively assume the obligations of the retiring L/C Issuer
                        with respect to
                        such Letters of Credit.

                       

                      In
                        the
                        event of any dismissal or resignation by an L/C Issuer, any
                        Letters of Credit
                        issued by such retiring L/C Issuer shall remain outstanding
                        until termination
                        pursuant to their terms and such retiring L/C Issuer shall
                        retain all the rights
                        and obligations of an L/C Issuer hereunder with respect to
                        all such Letters of
                        Credit and all L/C Obligations with respect thereto (including
                        the right to
                        require the Lenders to make Base Rate Committed Loans or
                        fund risk
                        participations in Unreimbursed Amounts pursuant to Section
                        2.03(c)),
                        but
                        excluding the right to consent to Eligible Assignees and
                        the obligation to issue
                        new Letters of Credit. 

                       

                      9.07  Non-Reliance
                        on Administrative Agent and Other Lenders. Each
                        Lender and the L/C Issuer acknowledges that it has, independently
                        and without
                        reliance upon the Administrative Agent or any other Lender
                        or any of their
                        Related Parties and based on such documents and information
                        as it has deemed
                        appropriate, made its own credit analysis and decision to
                        enter into this
                        Agreement. Each Lender and the L/C Issuer also acknowledges
                        that it will,
                        independently and without reliance upon the Administrative
                        Agent or any other
                        Lender or any of their Related Parties and based on such
                        documents and
                        information as it shall from time to time deem appropriate,
                        continue to make its
                        own decisions in taking or not taking action under or based
                        upon this Agreement,
                        any other Loan Document or any related agreement or any document
                        furnished
                        hereunder or thereunder.

                       

                      9.08  No
                        Other Duties, Etc. Anything
                        herein to the contrary notwithstanding, none of the Bookrunners,
                        Arrangers,
                        Syndication Agent or Co-Documentation Agents listed on the
                        cover 

                       

                       

                      
                        
                          
                          

                        

                        
                          
                          

                          
                            

                          

                        

                        
                          
                          

                        

                      

                       

                       

                      page
                        hereof shall have any powers, duties or responsibilities
                        under this Agreement or
                        any of the other Loan Documents, except in its capacity,
                        as applicable, as the
                        Administrative Agent, a Lender or an L/C Issuer hereunder.

                       

                      9.09  Administrative
                        Agent May File Proofs of Claim.
                        In case
                        of the pendency of any receivership, insolvency, liquidation,
                        bankruptcy,
                        reorganization, arrangement, adjustment, composition or other
                        judicial
                        proceeding relative to the Borrower, the Administrative Agent
                        (irrespective of
                        whether the principal of any Loan or L/C Obligation shall
                        then be due and
                        payable as herein expressed or by declaration or otherwise
                        and irrespective of
                        whether the Administrative Agent shall have made any demand
                        on the Borrower)
                        shall be entitled and empowered, by intervention in such
                        proceeding or
                        otherwise

                       

                      (a)  to
                        file
                        and prove a claim for the whole amount of the principal and
                        interest owing and
                        unpaid in respect of the Loans, L/C Obligations and all other
                        Obligations that
                        are owing and unpaid and to file such other documents as
                        may be necessary or
                        advisable in order to have the claims of the Lenders, the
                        L/C Issuers and the
                        Administrative Agent (including any claim for the reasonable
                        compensation,
                        expenses, disbursements and advances of the Lenders, the
                        L/C Issuer and the
                        Administrative Agent and their respective agents and counsel
                        and all other
                        amounts due the Lenders, the L/C Issuers and the Administrative
                        Agent under
Sections
                        2.04(i)
                        and
(j),
                        2.10
                        and
10.04)
                        allowed
                        in such judicial proceeding; and

                       

                      (b)  to
                        collect and receive any monies or other property payable
                        or deliverable on any
                        such claims and to distribute the same;

                       

                      and
                        any
                        custodian, receiver, assignee, trustee, liquidator, sequestrator
                        or other
                        similar official in any such judicial proceeding is hereby
                        authorized by each
                        Lender and each L/C Issuer to make such payments to the Administrative
                        Agent
                        and, in the event that the Administrative Agent shall consent
                        to the making of
                        such payments directly to the Lenders and L/C Issuers, to
                        pay to the
                        Administrative Agent any amount due for the reasonable compensation,
                        expenses,
                        disbursements and advances of the Administrative Agent and
                        its agents and
                        counsel, and any other amounts due the Administrative Agent
                        under Sections
                        2.10
                        and
10.04.

                       

                      Nothing
                        contained herein shall be deemed to authorize the Administrative
                        Agent to
                        authorize or consent to or accept or adopt on behalf of any
                        Lender or an L/C
                        Issuer any plan of reorganization, arrangement, adjustment
                        or composition
                        affecting the Obligations or the rights of any Lender or
                        to authorize the
                        Administrative Agent to vote in respect of the claim of any
                        Lender in any such
                        proceeding.

                      

                         

                        ARTICLE
                          X.  

                        MISCELLANEOUS

                         

                        10.01  Amendments,
                          Etc. No
                          amendment or waiver of any provision of this Agreement
                          or any other Loan
                          Document, and no consent to any departure by the Borrower
                          therefrom, shall be
                          effective unless in writing signed by the Required Lenders
                          and the Borrower and
                          acknowledged by the Administrative Agent, and each such
                          waiver or consent shall
                          be effective 

                         

                         

                        
                          
                            
                            

                          

                          
                            
                            

                            
                              

                            

                          

                          
                            
                            

                          

                        

                         

                         

                        only
                          in
                          the specific instance and for the specific purpose for
                          which given; provided,
                          however,
                          that no
                          such amendment, waiver or consent shall:

                         

                        (a)  waive
                          any
                          condition set forth in Section
                          4.01(a)
                          without
                          the written consent of each Lender;

                         

                        (b)  extend
                          or
                          increase the Commitment of any Lender (or reinstate any
                          Commitment terminated
                          pursuant to Section
                          8.02)
                          without
                          the written consent of such Lender;

                         

                        (c)  postpone
                          any date fixed by this Agreement or any other Loan Document
                          for any payment or
                          mandatory prepayment of principal, interest, fees or other
                          amounts due to the
                          Lenders (or any of them) hereunder or under any other Loan
                          Document without the
                          written consent of each Lender directly affected thereby;

                         

                        (d)  reduce
                          the principal of, or the rate of interest specified herein
                          on, any Loan or L/C
                          Borrowing, or (subject to clause (iv) of the second proviso
                          to this Section
                          10.01)
                          any
                          fees or other amounts payable hereunder or under any other
                          Loan Document without
                          the written consent of each Lender directly affected thereby;
provided,
                          however,
                          that
                          only the consent of the Required Lenders shall be necessary
                          (i) to amend the
                          definition of “Default Rate” or to waive any obligation of the Borrower to pay
                          interest or Letter of Credit Fees at the Default Rate or
                          (ii) to amend any
                          financial covenant hereunder (or any defined term used
                          therein) even if the
                          effect of such amendment would be to reduce the rate of
                          interest on any Loan or
                          L/C Borrowing or to reduce any fee payable hereunder;

                         

                        (e)  change
                          Section
                          2.07,
                          Section
                          2.14
                          or
Section
                          8.03
                          in a
                          manner that would alter the pro rata sharing of commitment
                          reductions or
                          payments required thereby without the written consent of
                          each Lender; or modify
                          Section 2.04(a)(ii)(C) without the written consent of each
                          of the Lenders
                          directly affected thereby;

                         

                        (f)  change
                          any provision of this Section or the definition of “Applicable Percentage,”
“Required Lenders” or any other provision hereof specifying the number or
                          percentage of Lenders required to amend, waive or otherwise
                          modify any rights
                          hereunder or make any determination or grant any consent
                          hereunder, without the
                          written consent of each Lender;

                         

                        and,
                          provided further,
                          that
                          (i) no amendment, waiver or consent shall, unless in writing
                          and signed by the
                          L/C Issuer in addition to the Lenders required above, affect
                          the rights or
                          duties of the L/C Issuer under this Agreement or any Issuer
                          Document relating to
                          any Letter of Credit issued or to be issued by it; (ii)
                          no amendment, waiver or
                          consent shall, unless in writing and signed by the Swing
                          Line Lender in addition
                          to the Lenders required above, affect the rights or duties
                          of the Swing Line
                          Lender under this Agreement; (iii) no amendment, waiver
                          or consent shall, unless
                          in writing and signed by the Administrative Agent in addition
                          to the Lenders
                          required above, affect the rights or duties of the Administrative
                          Agent under
                          this Agreement or any other Loan Document; and (iv) the
                          Fee Letter may be
                          amended, or rights or privileges thereunder waived, in
                          a writing executed only
                          by the parties thereto. Notwithstanding anything to the
                          contrary herein, no
                          Defaulting Lender shall have any right to approve or disapprove
                          any amendment,
                          waiver or consent hereunder, except that the Commitment
                          of such Lender may not
                          be increased or extended without the consent of such Lender.

                         

                         

                        
                          
                            
                            

                          

                          
                            
                            

                            
                              

                            

                          

                          
                            
                            

                          

                        

                         

                         

                        10.02  Notices;
                          Effectiveness; Electronic Communication. 

                         

                        (a)  Notices
                          Generally.
                          Except
                          in the case of notices and other communications expressly
                          permitted to be given
                          by telephone (and except as provided in subsection (b)
                          below), all notices and
                          other communications provided for herein shall be in writing
                          and shall be
                          delivered by hand or overnight courier service, mailed
                          by certified or
                          registered mail or sent by telecopier as follows, and all
                          notices and other
                          communications expressly permitted hereunder to be given
                          by telephone shall be
                          made to the applicable telephone number, as follows:

                         

                        (i)  if
                          to the
                          Borrower, the Administrative Agent, the L/C Issuer or the
                          Swing Line Lender, to
                          the address, telecopier number, electronic mail address
                          or telephone number
                          specified for such Person on Schedule
                          10.02;
                          and

                         

                        (ii)  if
                          to any
                          other Lender, to the address, telecopier number, electronic
                          mail address or
                          telephone number specified in its Administrative Questionnaire.

                         

                        Notices
                          sent by hand or overnight courier service, or mailed by
                          certified or registered
                          mail, shall be deemed to have been given when received;
                          notices sent by
                          telecopier shall be deemed to have been given when sent
                          (except that, if not
                          given during normal business hours for the recipient, shall
                          be deemed to have
                          been given at the opening of business on the next business
                          day for the
                          recipient). Notices delivered through electronic communications
                          to the extent
                          provided in subsection (b) below, shall be effective as
                          provided in such
                          subsection (b).

                         

                        (b)  Electronic
                          Communications.
                          Notices
                          and other communications to the Lenders and the L/C Issuer
                          hereunder may be
                          delivered or furnished by electronic communication (including
                          e-mail and
                          Internet or intranet websites) pursuant to procedures approved
                          by the
                          Administrative Agent, provided
                          that the
                          foregoing shall not apply to notices to any Lender or the
                          L/C Issuer pursuant to
Article
                          II
                          if such
                          Lender or the L/C Issuer, as applicable, has notified the
                          Administrative Agent
                          that it is incapable of receiving notices under such Article
                          by electronic
                          communication. The Administrative Agent or the Borrower
                          may, in its discretion,
                          agree to accept notices and other communications to it
                          hereunder by electronic
                          communications pursuant to procedures approved by it, provided
                          that
                          approval of such procedures may be limited to particular
                          notices or
                          communications.

                         

                        Unless
                          the Administrative Agent otherwise prescribes, (i) notices
                          and other
                          communications sent to an e-mail address shall be deemed
                          received upon the
                          sender’s receipt of an acknowledgement from the intended recipient
                          (such as by
                          the “return receipt requested” function, as available, return e-mail or other
                          written acknowledgement), provided
                          that if
                          such notice or other communication is not sent during the
                          normal business hours
                          of the recipient, such notice or communication shall be
                          deemed to have been sent
                          at the opening of business on the next business day for
                          the recipient, and (ii)
                          notices or communications posted to an Internet or intranet
                          website shall be
                          deemed received upon the deemed receipt by the intended
                          recipient at its e-mail
                          address as described in the foregoing clause (i) of notification
                          that such
                          notice or communication is available and identifying the
                          website address
                          therefor.

                         

                        (c)  The
                          Platform.
                          THE
                          PLATFORM IS PROVIDED “AS IS” AND “AS AVAILABLE.” THE AGENT PARTIES (AS DEFINED
                          BELOW) DO NOT WARRANT THE 

                         

                         

                        
                          
                            
                            

                          

                          
                            
                            

                            
                              

                            

                          

                          
                            
                            

                          

                        

                         

                         

                        ACCURACY
                          OR COMPLETENESS OF THE BORROWER MATERIALS OR THE ADEQUACY
                          OF THE PLATFORM, AND
                          EXPRESSLY DISCLAIM LIABILITY FOR ERRORS IN OR OMISSIONS
                          FROM THE BORROWER
                          MATERIALS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR
                          STATUTORY, INCLUDING ANY
                          WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE,
                          NON-INFRINGEMENT
                          OF THIRD PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER
                          CODE DEFECTS, IS MADE BY
                          ANY AGENT PARTY IN CONNECTION WITH THE BORROWER MATERIALS
                          OR THE PLATFORM. In no
                          event shall the Administrative Agent or any of its Related
                          Parties
                          (collectively, the “Agent
                          Parties”)
                          have
                          any liability to the Borrower, any Lender, the L/C Issuer
                          or any other Person
                          for losses, claims, damages, liabilities or expenses of
                          any kind (whether in
                          tort, contract or otherwise) arising out of the Borrower’s or the Administrative
                          Agent’s transmission of Borrower Materials through the Internet,
                          except to the
                          extent that such losses, claims, damages, liabilities or
                          expenses are determined
                          by a court of competent jurisdiction by a final and nonappealable
                          judgment to
                          have resulted from the gross negligence or willful misconduct
                          of such Agent
                          Party; provided, however, that in no event shall any Agent
                          Party have any
                          liability to the Borrower, any Lender, the L/C Issuer or
                          any other Person for
                          indirect, special, incidental, consequential or punitive
                          damages (as opposed to
                          direct or actual damages).

                         

                        (d)  Change
                          of Address, Etc.
                          Each of
                          the Borrower, the Administrative Agent, the L/C Issuer
                          and the Swing Line Lender
                          may change its address, telecopier or telephone number
                          for notices and other
                          communications hereunder by notice to the other parties
                          hereto. Each other
                          Lender may change its address, telecopier or telephone
                          number for notices and
                          other communications hereunder by notice to the Borrower,
                          the Administrative
                          Agent, the L/C Issuer and the Swing Line Lender.

                         

                        (e)  Reliance
                          by Administrative Agent, L/C Issuer and Lenders. The
                          Administrative Agent, the L/C Issuer and the Lenders shall
                          be entitled to rely
                          and act upon any notices (including telephonic Committed
                          Loan Notices and Swing
                          Line Loan Notices) purportedly given by or on behalf of
                          the Borrower even if (i)
                          such notices were not made in a manner specified herein,
                          were incomplete or were
                          not preceded or followed by any other form of notice specified
                          herein, or (ii)
                          the terms thereof, as understood by the recipient, varied
                          from any confirmation
                          thereof. The Borrower shall indemnify the Administrative
                          Agent, the L/C Issuer,
                          each Lender and the Related Parties of each of them from
                          all losses, costs,
                          expenses and liabilities resulting from the reliance by
                          such Person on each
                          notice purportedly given by or on behalf of the Borrower.
                          All telephonic notices
                          to and other telephonic communications with the Administrative
                          Agent may be
                          recorded by the Administrative Agent, and each of the parties
                          hereto hereby
                          consents to such recording.

                         

                        10.03  No
                          Waiver; Cumulative Remedies. No
                          failure by any Lender, the L/C Issuer or the Administrative
                          Agent to exercise,
                          and no delay by any such Person in exercising, any right,
                          remedy, power or
                          privilege hereunder shall operate as a waiver thereof;
                          nor shall any single or
                          partial exercise of any right, remedy, power or privilege
                          hereunder preclude any
                          other or further exercise thereof or the exercise of any
                          other right, remedy,
                          power or privilege. The rights, remedies, powers and privileges
                          herein provided
                          are cumulative and not exclusive of any rights, remedies,
                          powers and privileges
                          provided by law.

                         

                         

                        
                          
                            
                            

                          

                          
                            
                            

                            
                              

                            

                          

                          
                            
                            

                          

                        

                         

                         

                        10.04  Expenses;
                          Indemnity; Damage Waiver. 

                         

                        (a)  Costs
                          and Expenses.
                          The
                          Borrower shall pay (i) all reasonable out-of-pocket expenses
                          incurred by the
                          Administrative Agent and its Affiliates (including the
                          reasonable fees, charges
                          and disbursements of counsel for the Administrative Agent),
                          in connection with
                          the syndication of the credit facilities provided for herein,
                          the preparation,
                          negotiation, execution, delivery and administration of
                          this Agreement and the
                          other Loan Documents or any amendments, modifications or
                          waivers of the
                          provisions hereof or thereof (whether or not the transactions
                          contemplated
                          hereby or thereby shall be consummated), (ii) all reasonable
                          out-of-pocket
                          expenses incurred by the L/C Issuer in connection with
                          the issuance, amendment,
                          renewal or extension of any Letter of Credit or any demand
                          for payment
                          thereunder and (iii) all out-of-pocket expenses incurred
                          by the Administrative
                          Agent, any Lender or the L/C Issuer (including the fees,
                          computed on an hourly
                          basis, and disbursements of any counsel for the Administrative
                          Agent, any Lender
                          or the L/C Issuer), (A) in connection with this Agreement
                          and the other Loan
                          Documents, including its rights under this Section, or
                          (B) in connection with
                          the Loans made or Letters of Credit issued hereunder, including
                          all such
                          out-of-pocket expenses incurred during any workout, restructuring
                          or
                          negotiations in respect of such Loans or Letters of Credit.

                         

                        (b)  Indemnification
                          by the Borrower.
                          The
                          Borrower shall indemnify the Administrative Agent (and
                          any sub-agent thereof),
                          each Lender and the L/C Issuer, and each Related Party
                          of any of the foregoing
                          Persons (each such Person being called an “Indemnitee”)
                          against, and hold each Indemnitee harmless from, any and
                          all losses, claims,
                          damages, liabilities and related expenses (including the
                          reasonable fees,
                          computed on an hourly basis, and disbursements of any counsel
                          for any
                          Indemnitee), and shall indemnify and hold harmless each
                          Indemnitee from all fees
                          and time charges and disbursements for attorneys who may
                          be employees of any
                          Indemnitee, incurred by any Indemnitee or asserted against
                          any Indemnitee by any
                          third party or by the Borrower arising out of, in connection
                          with, or as a
                          result of (i) the execution or delivery of this Agreement,
                          any other Loan
                          Document or any agreement or instrument contemplated hereby
                          or thereby, the
                          performance by the parties hereto of their respective obligations
                          hereunder or
                          thereunder or the consummation of the transactions contemplated
                          hereby or
                          thereby, (ii) any Loan or Letter of Credit or the use or
                          proposed use of the
                          proceeds therefrom (including any refusal by the L/C Issuer
                          to honor a demand
                          for payment under a Letter of Credit if the documents presented
                          in connection
                          with such demand do not strictly comply with the terms
                          of such Letter of
                          Credit), (iii) any actual or alleged presence or release
                          of Hazardous Materials
                          on or from any property owned or operated by the Borrower
                          or any of its
                          Subsidiaries, or any Environmental Liability related in
                          any way to the Borrower
                          or any of its Subsidiaries, or (iv) any actual or prospective
                          claim, litigation,
                          investigation or proceeding relating to any of the foregoing,
                          whether based on
                          contract, tort or any other theory, whether brought by
                          a third party or by the
                          Borrower, and regardless of whether any Indemnitee is a
                          party thereto, in all
                          cases, whether or not caused by or arising, in whole or
                          in part, out of the
                          comparative, contributory or sole negligence of the Indemnitee;
provided
                          that
                          such indemnity shall not, as to any Indemnitee, be available
                          to the extent that
                          such losses, claims, damages, liabilities or related expenses
                          (x) are determined
                          by a court of competent jurisdiction by final and nonappealable
                          judgment to have
                          resulted from the gross negligence or willful misconduct
                          of such Indemnitee or
                          (y) result from a claim brought by the Borrower against
                          an Indemnitee for breach
                          in bad faith of such Indemnitee’s obligations hereunder or under any other Loan

                         

                         

                        
                          
                            
                            

                          

                          
                            
                            

                            
                              

                            

                          

                          
                            
                            

                          

                        

                         

                         

                        Document,
                          if the Borrower has obtained a final and nonappealable
                          judgment in its favor on
                          such claim as determined by a court of competent jurisdiction.

                         

                        (c)  Reimbursement
                          by Lenders.
                          To the
                          extent that the Borrower for any reason fails to indefeasibly
                          pay any amount
                          required under subsection (a) or (b) of this Section to
                          be paid by it to the
                          Administrative Agent (or any sub-agent thereof), the L/C
                          Issuer or any Related
                          Party of any of the foregoing, each Lender severally agrees
                          to pay to the
                          Administrative Agent (or any such sub-agent), the L/C Issuer
                          or such Related
                          Party, as the case may be, such Lender’s Applicable Percentage (determined as of
                          the time that the applicable unreimbursed expense or indemnity
                          payment is
                          sought) of such unpaid amount, provided
                          that the
                          unreimbursed expense or indemnified loss, claim, damage,
                          liability or related
                          expense, as the case may be, was incurred by or asserted
                          against the
                          Administrative Agent (or any such sub-agent) or the L/C
                          Issuer in its capacity
                          as such, or against any Related Party of any of the foregoing
                          acting for the
                          Administrative Agent (or any such sub-agent) or L/C Issuer
                          in such capacity. The
                          obligations of the Lenders under this subsection (c) are
                          subject to the
                          provisions of Section
                          2.13(d).

                         

                        (d)  Waiver
                          of Consequential Damages, Etc.
                          The
                          Borrower shall not assert, and hereby waives, any claim
                          against any Indemnitee,
                          on any theory of liability, for special, indirect, consequential
                          or punitive
                          damages (as opposed to direct or actual damages) arising
                          out of, in connection
                          with, or as a result of, this Agreement, any other Loan
                          Document or any
                          agreement or instrument contemplated hereby, the transactions
                          contemplated
                          hereby or thereby, any Loan or Letter of Credit or the
                          use of the proceeds
                          thereof. No Indemnitee referred to in subsection (b) above
                          shall be liable for
                          any damages arising from the use by unintended recipients
                          of any information or
                          other materials distributed by it through telecommunications,
                          electronic or
                          other information transmission systems in connection with
                          this Agreement or the
                          other Loan Documents or the transactions contemplated hereby
                          or thereby, except
                          in the event of gross negligence or willful misconduct
                          by such Indemnitee, as
                          determined by a court of competent jurisdiction in a final
                          and nonappealable
                          judgment.

                         

                        (e)  Payments.
                          All
                          amounts due under this Section shall be payable not later
                          than ten Business Days
                          after demand therefor.

                         

                        (f)  Survival.
                          The
                          agreements in this Section shall survive the resignation
                          of the Administrative
                          Agent and the L/C Issuer, the replacement of any Lender,
                          the termination of the
                          Aggregate Commitments and the repayment, satisfaction or
                          discharge of all the
                          other Obligations.

                         

                        10.05  Payments
                          Set Aside. To
                          the
                          extent that any payment by or on behalf of the Borrower
                          is made to the
                          Administrative Agent, the L/C Issuer or any Lender, or
                          the Administrative Agent,
                          the L/C Issuer or any Lender exercises any right of setoff,
                          and such payment or
                          the proceeds of such setoff or any part thereof is subsequently
                          invalidated,
                          declared to be fraudulent or preferential, set aside or
                          required (including
                          pursuant to any settlement entered into by the Administrative
                          Agent, the L/C
                          Issuer or such Lender in its discretion) to be repaid to
                          a trustee, receiver or
                          any other party, in connection with any proceeding under
                          any Debtor Relief Law
                          or otherwise, then (a) to the extent of such recovery,
                          the obligation or part
                          thereof originally intended to be satisfied shall be revived
                          and continued in
                          full force and effect as if such payment had not been made
                          or such setoff had
                          not occurred, and (b) each Lender and 

                         

                         

                        
                          
                            
                            

                          

                          
                            
                            

                            
                              

                            

                          

                          
                            
                            

                          

                        

                         

                         

                        the
                          L/C
                          Issuer severally agrees to pay to the Administrative Agent
                          upon demand its
                          applicable share (without duplication) of any amount so
                          recovered from or repaid
                          by the Administrative Agent, plus interest thereon from
                          the date of such demand
                          to the date such payment is made at a rate per annum equal
                          to the Federal Funds
                          Rate from time to time in effect. The obligations of the
                          Lenders and the L/C
                          Issuer under clause (b) of the preceding sentence shall
                          survive the payment in
                          full of the Obligations and the termination of this Agreement.

                         

                        10.06  Successors
                          and Assigns. 

                         

                        (a)  Successors
                          and Assigns Generally.
                          The
                          provisions of this Agreement shall be binding upon and
                          inure to the benefit of
                          the parties hereto and their respective successors and
                          assigns permitted hereby,
                          except that the Borrower may not assign or otherwise transfer
                          any of its rights
                          or obligations hereunder without the prior written consent
                          of the Administrative
                          Agent and each Lender and no Lender may assign or otherwise
                          transfer any of its
                          rights or obligations hereunder except (i) to an Eligible
                          Assignee in accordance
                          with the provisions of subsection (b) of this Section,
                          (ii) by way of
                          participation in accordance with the provisions of subsection
                          (d) of this
                          Section, or (iii) by way of pledge or assignment of a security
                          interest subject
                          to the restrictions of subsection (f) of this Section (and
                          any other attempted
                          assignment or transfer by any party hereto shall be null
                          and void). Nothing in
                          this Agreement, expressed or implied, shall be construed
                          to confer upon any
                          Person (other than the parties hereto, their respective
                          successors and assigns
                          permitted hereby, Participants to the extent provided in
                          subsection (d) of this
                          Section and, to the extent expressly contemplated hereby,
                          the Related Parties of
                          each of the Administrative Agent, the L/C Issuer and the
                          Lenders) any legal or
                          equitable right, remedy or claim under or by reason of
                          this
                          Agreement.

                         

                        (b)  Assignments
                          by Lenders.
                          Any
                          Lender may at any time assign to one or more Eligible Assignees
                          all or a portion
                          of its rights and obligations under this Agreement (including
                          all or a portion
                          of its Commitment and the Loans (including for purposes
                          of this subsection (b),
                          participations in L/C Obligations and in Swing Line Loans)
                          at the time owing to
                          it); provided
                          that

                         

                        (i)  (A)
                          in
                          the case of an assignment of the entire remaining amount
                          of the assigning
                          Lender’s Commitment and the Loans at the time owing to it or in
                          the case of an
                          assignment to a Lender or an Affiliate of a Lender or an
                          Approved Fund, no
                          minimum amount need be assigned, and (B) in any case not
                          described in the
                          preceding clause (A), with respect to a Lender, the aggregate
                          amount of the
                          Commitment (which for this purpose includes Loans outstanding
                          thereunder) or, if
                          the Commitment is not then in effect, the principal outstanding
                          balance of the
                          Loans of the assigning Lender subject to each such assignment,
                          determined as of
                          the date the Assignment and Assumption with respect to
                          such assignment is
                          delivered to the Administrative Agent or, if “Trade Date” is specified in the
                          Assignment and Assumption, as of the Trade Date, shall
                          not be less than
                          $5,000,000 unless
                          each of the Administrative Agent and, so long as no Event
                          of Default has
                          occurred and is continuing, the Borrower otherwise consents
                          (each such consent
                          not to be unreasonably withheld or delayed); provided,
                          however,
                          that
                          concurrent assignments to members of an Assignee Group
                          and concurrent
                          assignments from members of an Assignee Group to a single
                          Eligible Assignee (or
                          to an Eligible Assignee and members of its Assignee Group)
                          will be treated as a
                          single assignment for purposes of determining whether such
                          minimum amount has
                          been met; and provided further
                          that
                          neither the Administrative Agent's, nor the L/C Issuer’s, nor the Swing Line
                          Lender’s, nor the Borrower's consent shall be required for any
                          assignment to a
                          Lender or an Affiliate of a Lender or an Approved Fund.

                         

                         

                        
                          
                            
                            

                          

                          
                            
                            

                            
                              

                            

                          

                          
                            
                            

                          

                        

                         

                         

                        (ii)  each
                          partial assignment shall be made as an assignment of a
                          proportionate part of all
                          the assigning Lender’s rights and obligations under this Agreement with respect
                          to the Loans or the Commitment assigned, except that this
                          clause (ii) shall not
                          apply to rights in respect of Bid Loans or Swing Line Loans;

                         

                        (iii)  any
                          assignment of a Commitment must be approved by the Administrative
                          Agent, the L/C
                          Issuer and the Swing Line Lender unless the Person that
                          is the proposed assignee
                          is itself a Lender, an Affiliate of a Lender or an Approved
                          Fund;
                          and

                         

                        (iv)  the
                          parties to each assignment shall execute and deliver to
                          the Administrative Agent
                          an Assignment and Assumption, together with a processing
                          and recordation fee of
                          in the amount of $3,500; provided,
                          however,
                          that
                          the Administrative Agent may, in its sole discretion, elect
                          to waive such
                          processing and recordation fee in the case of any assignment.
                          The Eligible
                          Assignee, if it shall not be a Lender, shall deliver to
                          the Administrative Agent
                          an Administrative Questionnaire.

                         

                        Subject
                          to acceptance and recording thereof by the Administrative
                          Agent pursuant to
                          subsection (c) of this Section, from and after the effective
                          date specified in
                          each Assignment and Assumption, the Eligible Assignee thereunder
                          shall be a
                          party to this Agreement and, to the extent of the interest
                          assigned by such
                          Assignment and Assumption, have the rights and obligations
                          of a Lender under
                          this Agreement, and the assigning Lender thereunder shall,
                          to the extent of the
                          interest assigned by such Assignment and Assumption, be
                          released from its
                          obligations under this Agreement (and, in the case of an
                          Assignment and
                          Assumption covering all of the assigning Lender’s rights and obligations under
                          this Agreement, such Lender shall cease to be a party hereto)
                          but shall continue
                          to be entitled to the benefits of Sections
                          3.01,
                          3.04,
                          3.05,
                          and
10.04
                          with
                          respect to facts and circumstances occurring prior to the
                          effective date of such
                          assignment. Upon request, the Borrower (at its expense)
                          shall execute and
                          deliver a Note to the assignee Lender. Any assignment or
                          transfer by a Lender of
                          rights or obligations under this Agreement that does not
                          comply with this
                          subsection shall be treated for purposes of this Agreement
                          as a sale by such
                          Lender of a participation in such rights and obligations
                          in accordance with
                          subsection (d) of this Section.

                         

                        (c)  Register.
                          The
                          Administrative Agent, acting solely for this purpose as
                          an agent of the
                          Borrower, shall maintain at the Administrative Agent’s Office a copy of each
                          Assignment and Assumption delivered to it and a register
                          for the recordation of
                          the names and addresses of the Lenders, and the Commitments
                          of, and principal
                          amounts of the Loans and L/C Obligations owing to, each
                          Lender pursuant to the
                          terms hereof from time to time (the “Register”).
                          The
                          entries in the Register shall be conclusive, and the Borrower,
                          the
                          Administrative Agent and the Lenders may treat each Person
                          whose name is
                          recorded in the Register pursuant to the terms hereof as
                          a Lender hereunder for
                          all purposes of this Agreement, notwithstanding notice
                          to the contrary. The
                          Register shall be available for inspection by each of the
                          Borrower and the L/C
                          Issuer and each Lender at any reasonable time and from
                          time to time upon
                          reasonable prior notice. In addition, at any time that
                          a request for a consent
                          for a material or substantive change to the Loan Documents
                          is pending, any
                          Lender wishing to consult with other Lenders in connection
                          therewith may request
                          and receive from the Administrative Agent a copy of the
                          Register.

                         

                         

                        
                          
                            
                            

                          

                          
                            
                            

                            
                              

                            

                          

                          
                            
                            

                          

                        

                         

                         

                        (d)  Participations.
                          Any
                          Lender may at any time, without the consent of, or notice
                          to, the Borrower or
                          the Administrative Agent, sell participations to any Person
                          (other than a
                          natural person or the Borrower or any of the Borrower’s Affiliates or
                          Subsidiaries (each, a “Participant”)
                          in all
                          or a portion of such Lender’s rights and/or obligations under this Agreement
                          (including all or a portion of its Commitment and/or the
                          Loans (including such
                          Lender’s participations in L/C Obligations and/or Swing Line Loans)
                          owing to
                          it); provided
                          that (i)
                          such Lender’s obligations under this Agreement shall remain unchanged,
                          (ii) such
                          Lender shall remain solely responsible to the other parties
                          hereto for the
                          performance of such obligations and (iii) the Borrower,
                          the Administrative
                          Agent, the Lenders and the L/C Issuer shall continue to
                          deal solely and directly
                          with such Lender in connection with such Lender’s rights and obligations under
                          this Agreement. 

                         

                        Any
                          agreement or instrument pursuant to which a Lender sells
                          such a participation
                          shall provide that such Lender shall retain the sole right
                          to enforce this
                          Agreement and to approve any amendment, modification or
                          waiver of any provision
                          of this Agreement; provided
                          that
                          such agreement or instrument may provide that such Lender
                          will not, without the
                          consent of the Participant, agree to any amendment, waiver
                          or other modification
                          described in the first proviso to Section
                          10.01
                          that
                          affects such Participant. Subject to subsection (e) of
                          this Section, the
                          Borrower agrees that each Participant shall be entitled
                          to the benefits of
Sections
                          3.01,
                          3.04
                          and
3.05 to
                          the
                          same extent as if it were a Lender and had acquired its
                          interest by assignment
                          pursuant to subsection (b) of this Section. To the extent
                          permitted by law, each
                          Participant also shall be entitled to the benefits of Section
                          10.08 as
                          though
                          it were a Lender, provided
                          such
                          Participant agrees to be subject to Section
                          2.13
                          as
                          though it were a Lender.

                         

                        (e)  Limitations
                          upon Participant Rights.
                          A
                          Participant shall not be entitled to receive any greater
                          payment under
Section
                          3.01
                          or
3.04 than
                          the
                          applicable Lender would have been entitled to receive with
                          respect to the
                          participation sold to such Participant, unless the sale
                          of the participation to
                          such Participant is made with the Borrower’s prior written consent. A
                          Participant that would be a Foreign Lender if it were a
                          Lender shall not be
                          entitled to the benefits of Section
                          3.01
                          unless
                          the Borrower is notified of the participation sold to such
                          Participant and such
                          Participant agrees, for the benefit of the Borrower, to
                          comply with Section
                          3.01(e)
                          as
                          though it were a Lender.

                         

                        (f)  Certain
                          Pledges.
                          Any
                          Lender may at any time pledge or assign a security interest
                          in all or any
                          portion of its rights under this Agreement (including under
                          its Note, if any) to
                          secure obligations of such Lender, including any pledge
                          or assignment to secure
                          obligations to a Federal Reserve Bank; provided
                          that no
                          such pledge or assignment shall release such Lender from
                          any of its obligations
                          hereunder or substitute any such pledgee or assignee for
                          such Lender as a party
                          hereto.

                         

                        (g)  Electronic
                          Execution of Assignments.
                          The
                          words “execution,” “signed,” “signature,” and words of like import in any
                          Assignment and Assumption shall be deemed to include electronic
                          signatures or
                          the keeping of records in electronic form, each of which
                          shall be 

                         

                         

                        
                          
                            
                            

                          

                          
                            
                            

                            
                              

                            

                          

                          
                            
                            

                          

                        

                         

                         

                        of
                          the
                          same legal effect, validity or enforceability as a manually
                          executed signature
                          or the use of a paper-based recordkeeping system, as the
                          case may be, to the
                          extent and as provided for in any applicable law, including
                          the Federal
                          Electronic Signatures in Global and National Commerce Act,
                          the New York State
                          Electronic Signatures and Records Act, or any other similar
                          state laws based on
                          the Uniform Electronic Transactions Act.

                         

                        (h)  Resignation
                          as L/C Issuer or Swing Line Lender after Assignment.
                          Subject
                          to Section
                          9.06,
                          if at
                          any time Bank of America assigns all of its Commitment
                          and Loans pursuant to
                          subsection (b) above, Bank of America may, (i) upon 30
                          days’ notice to the
                          Borrower and the Lenders, resign as L/C Issuer and/or (ii)
                          upon 30 days’ notice
                          to the Borrower, resign as Swing Line Lender. In the event
                          of any such
                          resignation as L/C Issuer or Swing Line Lender, the Borrower
                          shall be entitled
                          to appoint from among the Lenders a successor L/C Issuer
                          or Swing Line Lender
                          hereunder; provided,
                          however,
                          that no
                          failure by the Borrower to appoint any such successor shall
                          affect the
                          resignation of Bank of America as L/C Issuer or Swing Line
                          Lender, as the case
                          may be; provided,
                          further,
                          however,
                          that
                          the Lender so selected must consent to its appointment
                          as successor L/C Issuer,
                          or Swing Line Lender, as applicable. If Bank of America
                          resigns as L/C Issuer,
                          it shall retain all the rights and obligations of the L/C
                          Issuer hereunder with
                          respect to all Letters of Credit issued by it and outstanding
                          as of the
                          effective date of its resignation as L/C Issuer and all
                          L/C Obligations with
                          respect thereto (including the right to require the Lenders
                          to make Base Rate
                          Committed Loans or fund risk participations in Unreimbursed
                          Amounts pursuant to
Section
                          2.03(c)).
                          If
                          Bank of America resigns as Swing Line Lender, it shall
                          retain all the rights of
                          the Swing Line Lender provided for hereunder with respect
                          to Swing Line Loans
                          made by it and outstanding as of the effective date of
                          such resignation,
                          including the right to require the Lenders to make Base
                          Rate Committed Loans or
                          fund risk participations in outstanding Swing Line Loans
                          pursuant to
Section
                          2.04(c).

                         

                        10.07  Treatment
                          of Certain Information; Confidentiality. Each
                          of
                          the Administrative Agent, the Lenders and the L/C Issuer
                          agrees to maintain the
                          confidentiality of the Information (as defined below),
                          except that Information
                          may be disclosed (a) to its Affiliates and to its and its
                          Affiliates’ respective
                          partners, directors, officers, employees, agents, advisors
                          and representatives
                          (it being understood that the Persons to whom such disclosure
                          is made will be
                          informed of the confidential nature of such Information
                          and instructed to keep
                          such Information confidential), (b) to the extent requested
                          by any regulatory
                          authority purporting to have jurisdiction over it (including
                          any self-regulatory
                          authority, such as the National Association of Insurance
                          Commissioners), (c) to
                          the extent required by applicable laws or regulations or
                          by any subpoena or
                          similar legal process, (d) to any other party hereto, (e)
                          in connection with the
                          exercise of any remedies hereunder or under any other Loan
                          Document or any
                          action or proceeding relating to this Agreement or any
                          other Loan Document or
                          the enforcement of rights hereunder or thereunder, (f)
                          subject to an agreement
                          containing provisions substantially the same as those of
                          this Section, to (i)
                          any assignee of or Participant in, or any prospective assignee
                          of or Participant
                          in, any of its rights or obligations under this Agreement
                          or (ii) any actual or
                          prospective counterparty (or its advisors) to any swap
                          or derivative transaction
                          relating to the Borrower and its obligations, (g) with
                          the consent of the
                          Borrower or (h) to the extent such Information (x) becomes
                          publicly available
                          other than as a result of a breach of this Section or (y)
                          becomes available to
                          the Administrative Agent, any Lender, the L/C Issuer or
                          any of their respective
                          Affiliates on a nonconfidential basis from a source other
                          than the Borrower.
                          Each of the Lenders agrees to use its best efforts to insure
                          that no material
                          non-public 

                         

                         

                        
                          
                            
                            

                          

                          
                            
                            

                            
                              

                            

                          

                          
                            
                            

                          

                        

                         

                         

                        information
                          provided to it by or on behalf of the Borrower will be
                          utilized by any of its
                          affiliates, agents, advisors or representatives to trade
                          in securities of the
                          Borrower.

                         

                        For
                          purposes of this Section, “Information”
means
                          all information received from the Borrower or any Subsidiary
                          relating to the
                          Borrower or any Subsidiary or any of their respective businesses,
                          other than any
                          such information that is available to the Administrative
                          Agent, any Lender or
                          the L/C Issuer on a nonconfidential basis prior to disclosure
                          by the Borrower or
                          any Subsidiary, provided
                          that, in
                          the case of information received from the Borrower or any
                          Subsidiary after the
                          date hereof, such information is clearly identified at
                          the time of delivery as
                          confidential. Any Person required to maintain the confidentiality
                          of Information
                          as provided in this Section shall be considered to have
                          complied with its
                          obligation to do so if such Person has exercised the same
                          degree of care to
                          maintain the confidentiality of such Information as such
                          Person would accord to
                          its own confidential information.

                         

                        10.08  Right
                          of Setoff. If
                          an
                          Event of Default shall have occurred and be continuing,
                          each Lender, the L/C
                          Issuer and each of their respective Affiliates is hereby
                          authorized at any time
                          and from time to time, to the fullest extent permitted
                          by applicable law, to set
                          off and apply any and all deposits (general or special,
                          time or demand,
                          provisional or final, in whatever currency) at any time
                          held and other
                          obligations (in whatever currency) at any time owing by
                          such Lender, the L/C
                          Issuer or any such Affiliate to or for the credit or the
                          account of the Borrower
                          against any and all of the obligations of the Borrower
                          now or hereafter existing
                          under this Agreement or any other Loan Document to such
                          Lender or the L/C
                          Issuer, irrespective of whether or not such Lender or the
                          L/C Issuer shall have
                          made any demand under this Agreement or any other Loan
                          Document and although
                          such obligations of the Borrower may be contingent or unmatured
                          or are owed to a
                          branch or office of such Lender or the L/C Issuer different
                          from the branch or
                          office holding such deposit or obligated on such indebtedness.
                          The rights of
                          each Lender, the L/C Issuer and their respective Affiliates
                          under this Section
                          are in addition to other rights and remedies (including
                          other rights of setoff)
                          that such Lender, the L/C Issuer or their respective Affiliates
                          may have. Each
                          Lender and the L/C Issuer agrees to notify the Borrower
                          and the Administrative
                          Agent promptly after any such setoff and application, provided
                          that the
                          failure to give such notice shall not affect the validity
                          of such setoff and
                          application.

                         

                        10.09  Interest
                          Rate Limitation. Notwithstanding
                          anything to the contrary contained in any Loan Document,
                          the interest paid or
                          agreed to be paid under the Loan Documents shall not exceed
                          the maximum rate of
                          non-usurious interest permitted by applicable Law (the
“Maximum
                          Rate”).
                          If
                          the Administrative Agent or any Lender shall receive interest
                          in an amount that
                          exceeds the Maximum Rate, the excess interest shall be
                          applied to the principal
                          of the Loans or, if it exceeds such unpaid principal, refunded
                          to the Borrower.
                          In determining whether the interest contracted for, charged,
                          or received by the
                          Administrative Agent or a Lender exceeds the Maximum Rate,
                          such Person may, to
                          the extent permitted by applicable Law, (a) characterize
                          any payment that is not
                          principal as an expense, fee, or premium rather than interest,
                          (b) exclude
                          voluntary prepayments and the effects thereof, and (c)
                          amortize, prorate,
                          allocate, and spread in equal or unequal parts the total
                          amount of interest
                          throughout the contemplated term of the Obligations hereunder.

                         

                        10.10  Counterparts;
                          Integration; Effectiveness. This
                          Agreement may be executed in counterparts (and by different
                          parties hereto in
                          different counterparts), each of which shall 

                         

                         

                        
                          
                            
                            

                          

                          
                            
                            

                            
                              

                            

                          

                          
                            
                            

                          

                        

                         

                         

                        constitute
                          an original, but all of which when taken together shall
                          constitute a single
                          contract. This Agreement and the other Loan Documents constitute
                          the entire
                          contract among the parties relating to the subject matter
                          hereof and supersede
                          any and all previous agreements and understandings, oral
                          or written, relating to
                          the subject matter hereof. Except as provided in Section
                          4.01,
                          this
                          Agreement shall become effective when it shall have been
                          executed by the
                          Administrative Agent and when the Administrative Agent
                          shall have received
                          counterparts hereof that, when taken together, bear the
                          signatures of each of
                          the other parties hereto. Delivery of an executed counterpart
                          of a signature
                          page of this Agreement by telecopy shall be effective as
                          delivery of a manually
                          executed counterpart of this Agreement.

                         

                        10.11  Survival
                          of Representations and Warranties. All
                          representations and warranties made hereunder and in any
                          other Loan Document or
                          other document delivered pursuant hereto or thereto or
                          in connection herewith or
                          therewith shall survive the execution and delivery hereof
                          and thereof. Such
                          representations and warranties have been or will be relied
                          upon by the
                          Administrative Agent and each Lender, regardless of any
                          investigation made by
                          the Administrative Agent or any Lender or on their behalf
                          and notwithstanding
                          that the Administrative Agent or any Lender may have had
                          notice or knowledge of
                          any Default at the time of any Credit Extension, and shall
                          continue in full
                          force and effect as long as any Loan or any other Obligation
                          hereunder shall
                          remain unpaid or unsatisfied or any Letter of Credit shall
                          remain
                          outstanding.

                         

                        10.12  Severability.
                          If
                          any
                          provision of this Agreement or the other Loan Documents
                          is held to be illegal,
                          invalid or unenforceable, (a) the legality, validity and
                          enforceability of the
                          remaining provisions of this Agreement and the other Loan
                          Documents shall not be
                          affected or impaired thereby and (b) the parties shall
                          endeavor in good faith
                          negotiations to replace the illegal, invalid or unenforceable
                          provisions with
                          valid provisions the economic effect of which comes as
                          close as possible to that
                          of the illegal, invalid or unenforceable provisions. The
                          invalidity of a
                          provision in a particular jurisdiction shall not invalidate
                          or render
                          unenforceable such provision in any other jurisdiction.

                         

                        10.13  Replacement
                          of Lenders. If
                          any
                          Lender requests compensation under Section
                          3.04,
                          or if
                          the Borrower is required to pay any additional amount to
                          any Lender or any
                          Governmental Authority for the account of any Lender pursuant
                          to Section
                          3.01,
                          or if
                          any Lender is a Defaulting Lender, then the Borrower may,
                          at its sole expense
                          and effort, upon notice to such Lender and the Administrative
                          Agent, require
                          such Lender to assign and delegate, without recourse (in
                          accordance with and
                          subject to the restrictions contained in, and consents
                          required by, Section
                          10.06),
                          all of
                          its interests, rights and obligations under this Agreement
                          and the related Loan
                          Documents to an assignee that shall assume such obligations
                          (which assignee may
                          be another Lender, if a Lender accepts such assignment),
provided
                          that:

                         

                        (a)  the
                          Borrower shall have paid to the Administrative Agent the
                          assignment fee
                          specified in Section
                          10.06(b);

                         

                        (b)  such
                          Lender shall have received payment of an amount equal to
                          the outstanding
                          principal of its Loans and L/C Advances, accrued interest
                          thereon, accrued fees
                          and all other amounts payable to it hereunder and under
                          the other Loan Documents
                          (including any amounts 

                         

                         

                        
                          
                            
                            

                          

                          
                            
                            

                            
                              

                            

                          

                          
                            
                            

                          

                        

                         

                         

                        under
                          Section
                          3.05)
                          from
                          the assignee (to the extent of such outstanding principal
                          and accrued interest
                          and fees) or the Borrower (in the case of all other amounts);

                         

                        (c)  in
                          the
                          case of any such assignment resulting from a claim for
                          compensation under
Section
                          3.04
                          or
                          payments required to be made pursuant to Section
                          3.01,
                          such
                          assignment will result in a reduction in such compensation
                          or payments
                          thereafter; and

                         

                        (d)  such
                          assignment does not conflict with applicable Laws.

                         

                        A
                          Lender
                          shall not be required to make any such assignment or delegation
                          if, prior
                          thereto, as a result of a waiver by such Lender or otherwise,
                          the circumstances
                          entitling the Borrower to require such assignment and delegation
                          cease to
                          apply.

                         

                        10.14  Governing
                          Law; Jurisdiction; Etc. 

                         

                        (a)  GOVERNING
                          LAW.
                          THIS
                          AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE
                          WITH, THE LAW OF THE
                          STATE OF NORTH CAROLINA.

                         

                        (b)  SUBMISSION
                          TO JURISDICTION.
                          EACH
                          PARTY HERETO IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR
                          ITSELF AND ITS
                          PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE COURTS
                          OF THE STATE OF NORTH
                          CAROLINA SITTING IN MECKLENBURG COUNTY AND OF THE UNITED
                          STATES DISTRICT COURT
                          OF THE WESTERN DISTRICT OF NORTH CAROLINA, AND ANY APPELLATE
                          COURT FROM ANY
                          THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR
                          RELATING TO THIS
                          AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR FOR RECOGNITION
                          OR ENFORCEMENT OF ANY
                          JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND
                          UNCONDITIONALLY AGREES
                          THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING
                          MAY BE HEARD AND
                          DETERMINED IN SUCH NORTH CAROLINA STATE COURT OR, TO THE
                          FULLEST EXTENT
                          PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH
                          OF THE PARTIES HERETO
                          AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING
                          SHALL BE
                          CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY
                          SUIT ON THE JUDGMENT OR
                          IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS AGREEMENT
                          OR IN ANY OTHER
                          LOAN DOCUMENT SHALL AFFECT ANY RIGHT THAT THE ADMINISTRATIVE
                          AGENT, ANY LENDER
                          OR THE L/C ISSUER MAY OTHERWISE HAVE TO BRING ANY ACTION
                          OR PROCEEDING RELATING
                          TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST THE
                          BORROWER OR ITS
                          PROPERTIES IN THE COURTS OF ANY JURISDICTION.

                         

                        (c)  WAIVER
                          OF VENUE.
                          EACH
                          PARTY HERETO IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO
                          THE FULLEST EXTENT
                          PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY
                          NOW OR HEREAFTER HAVE TO
                          THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING
                          OUT OF OR RELATING TO
                          THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT IN ANY COURT
                          REFERRED TO IN
PARAGRAPH
                          (B)
                          OF THIS
                          SECTION. EACH OF THE 

                         

                         

                        
                          
                            
                            

                          

                          
                            
                            

                            
                              

                            

                          

                          
                            
                            

                          

                        

                         

                         

                        PARTIES
                          HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT
                          PERMITTED BY APPLICABLE
                          LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE
                          OF SUCH ACTION OR
                          PROCEEDING IN ANY SUCH COURT.

                         

                        (d)  SERVICE
                          OF PROCESS.
                          EACH
                          PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS
                          IN THE MANNER PROVIDED
                          FOR NOTICES IN SECTION
                          10.02.
                          NOTHING
                          IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO
                          TO SERVE PROCESS IN
                          ANY OTHER MANNER PERMITTED BY APPLICABLE LAW.

                         

                        10.15  Waiver
                          of Jury Trial. EACH
                          PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST
                          EXTENT PERMITTED BY
                          APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY
                          IN ANY LEGAL PROCEEDING
                          DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS
                          AGREEMENT OR ANY OTHER
                          LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR
                          THEREBY (WHETHER BASED
                          ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO
                          (A) CERTIFIES THAT NO
                          REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS
                          REPRESENTED, EXPRESSLY
                          OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE
                          EVENT OF LITIGATION, SEEK
                          TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT
                          IT AND THE OTHER
                          PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT
                          AND THE OTHER LOAN
                          DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND
                          CERTIFICATIONS IN THIS
                          SECTION.

                         

                        10.16  No
                          Advisory or Fiduciary Responsibility.
                          In
                          connection with all aspects of each transaction contemplated
                          hereby (including
                          in connection with any amendment, waiver or other modification
                          hereof or of any
                          other Loan Document), the Borrower acknowledges and agrees
                          that: (i) (A) the
                          arranging and other services regarding this Agreement provided
                          by the
                          Administrative Agent and the Arrangers are arm’s-length commercial transactions
                          between the Borrower, on the one hand, and the Administrative
                          Agent and the
                          Arrangers, on the other hand, (B) the Borrower has consulted
                          its own legal,
                          accounting, regulatory and tax advisors to the extent it
                          has deemed appropriate,
                          and (C) the Borrower is capable of evaluating, and understands
                          and accepts, the
                          terms, risks and conditions of the transactions contemplated
                          hereby and by the
                          other Loan Documents; (ii) (A) the Administrative Agent
                          and the Arrangers each
                          is and has been acting solely as a principal and, except
                          as expressly agreed in
                          writing by the relevant parties, has not been, is not,
                          and will not be acting as
                          an advisor, agent or fiduciary for the Borrower or any
                          other Person and (B)
                          neither the Administrative Agent nor
                          any Arranger
                          has any obligation to the Borrower with respect to the
                          transactions contemplated
                          hereby except those obligations expressly set forth herein
                          and in the other Loan
                          Documents and (iii) the Administrative Agent and the Arrangers
                          and their
                          respective Affiliates may be engaged in a broad range of
                          transactions that
                          involve interests that differ from those of the Borrower,
                          and neither the
                          Administrative Agent nor any Arranger has any obligation
                          to disclose any of such
                          interests to the Borrower. To the fullest extent permitted
                          by law, the Borrower
                          hereby waives and releases any claims that it may have
                          against the
                          Administrative Agent and the Arrangers with respect to
                          any breach or alleged
                          breach of agency or fiduciary duty in connection with any
                          aspect of any
                          transaction contemplated hereby. 

                         

                         

                        
                          
                            
                            

                          

                          
                            
                            

                            
                              

                            

                          

                          
                            
                            

                          

                        

                         

                         

                        10.17  USA
                          PATRIOT Act Notice. Each Lender that is subject to the Act (as
                          hereinafter defined) and the Administrative Agent (for
                          itself and not on behalf
                          of any Lender) hereby notifies the Borrower that pursuant
                          to the requirements of
                          the USA Patriot Act (Title III of Pub. L. 107-56 (signed
                          into law October 26,
                          2001)) (the “Act”), it is required to obtain, verify and record
                          information that identifies the Borrower, which information
                          includes the name
                          and address of the Borrower and other information that
                          will allow such Lender or
                          the Administrative Agent, as applicable, to identify the
                          Borrower in accordance
                          with the Act.

                         

                        10.18  No
                          Lenders Will Be “Public-Side” Lenders.
                          The
                          Borrower acknowledges and the Administrative Agent, the
                          Arrangers and the
                          Lenders agree that none of the Lenders will be “public-side” Lenders (i.e.
                          Lenders that do not wish to receive material non-public
                          information with respect
                          to the Borrower or its securities) (each, a “Public
                          Lender”).
                          The
                          Borrower, the Administrative Agent, the Arrangers and the
                          Lenders hereby agree
                          that (x) all Borrower Materials shall be treated as private
                          and may contain
                          material non-public information with respect to the Borrower
                          or its securities
                          for purposes of United States federal and state securities
                          laws; and (y) the
                          Administrative Agent and the Arrangers shall treat all
                          Borrower Materials as
                          being suitable only for posting on a portion of the Platform
                          not designated
“Public Lender” or “Public Investor”. Notwithstanding the foregoing, the
                          Borrower shall be under no obligation to mark any Borrower
                          Materials
“PUBLIC”.

                         

                         

                        
                          
                            
                            

                          

                          
                            
                            

                            
                              

                            

                          

                           

                        

                        IN
                          WITNESS WHEREOF, the
                          parties hereto have caused this Agreement to be duly executed
                          as of the date
                          first above written.

                         

                         

                                                                                                                      
                           LOWE’S COMPANIES, INC.

                         

                        
                          
                                                                                                                           
                              By:
                              ___________________________

                             

                          

                        

                                                                                                                                                                                                                      
                           Name:
                          James
                          A. Cook III

                                                                                                                   
                              Title: Vice President and Treasurer

                         

                        
                          
                            
                            

                          

                          
                            
                            

                            
                              

                            

                          

                          
                            
                            

                          

                          
 

                          
                            	BANK
                                    OF AMERICA, N.A., as
                                    Administrative
                                    Agent
                                     

                                    By: _______________________________

                                     

                                    Name:
                                      _____________________________

                                     

                                    Title:
                                      ______________________________

                                  	 	 BANK
                                    OF AMERICA, N.A., as
                                    a Lender, L/C Issuer and Swing Line Lender
                                     

                                    
                                      By: _______________________________

                                       

                                      Name:
                                        _____________________________

                                       

                                      Title:
                                        ______________________________

                                       

                                       

                                    

                                  
	
                                    WACHOVIA
                                      BANK, NATIONAL ASSOCIATION, as
                                      a Lender, L/C Issuer and as Syndication Agent

                                     

                                    
                                      By: _______________________________

                                       

                                      Name:
                                        _____________________________

                                       

                                      Title:
                                        ______________________________

                                       

                                    

                                  	 	
                                    JPMORGAN
                                      CHASE BANK, N.A. (as
                                      successor in interest to Bank One, NA),
                                      as
                                      a Lender and as a Documentation Agent

                                     

                                    
                                      By: _______________________________

                                       

                                      Name:
                                        _____________________________

                                       

                                      Title:
                                        ______________________________  

                                       

                                       

                                    

                                  
	SUNTRUST
                                    BANK, as
                                    a Lender and as a Documentation Agent
                                     

                                    
                                      
                                        By: _______________________________

                                         

                                        Name:
                                          _____________________________

                                         

                                        Title:
                                          ______________________________

                                      

                                    

                                  	 	
                                    US
                                      BANK, NATIONAL ASSOCIATION, as
                                      a Lender and as a Documentation Agent

                                     

                                    
                                      
                                        By: _______________________________

                                         

                                        Name:
                                          _____________________________

                                         

                                        Title:
                                          ______________________________

                                         

                                         

                                      

                                    

                                  
	MERRILL
                                    LYNCH BANK USA, as
                                    a Lender and as a Documentation Agent
                                     

                                    
                                      
                                        By: _______________________________

                                         

                                        Name:
                                          _____________________________

                                         

                                        Title:
                                          ______________________________

                                         

                                         

                                      

                                    

                                  	 	UNION
                                    BANK OF CALIFORNIA, N.A., as
                                    a Lender
                                     

                                    
                                      
                                        By: _______________________________

                                         

                                        Name:
                                          _____________________________

                                         

                                        Title:
                                          ______________________________

                                      

                                    

                                  
	BNP
                                    PARIBAS, as
                                    a Lender 
                                     

                                    
                                      
                                        By: _______________________________

                                         

                                        Name:
                                          _____________________________

                                         

                                        Title:
                                          ______________________________

                                      

                                    

                                     

                                     

                                    
                                      
                                        By: _______________________________

                                         

                                        Name:
                                          _____________________________

                                         

                                        Title:
                                          ______________________________

                                      

                                    

                                  	 	NATIONAL
                                    CITY BANK, as
                                    a Lender 
                                     

                                    
                                      
                                        By: _______________________________

                                         

                                        Name:
                                          _____________________________

                                         

                                        Title:
                                          ______________________________

                                      

                                    

                                  

                          

                           

                           

                          
                            
                              
                              

                            

                            
                              
                              

                              
                                

                              

                            

                            
                              
                              

                            

                             

                             

                          

                          
                            	BRANCH
                                    BANKING & TRUST COMPANY, as
                                    a Lender 
                                     

                                    
                                      
                                        By: _______________________________

                                         

                                        Name:
                                          _____________________________

                                         

                                        Title:
                                          ______________________________

                                      

                                    

                                  	 	BMO
                                    CAPITAL MARKETS FINANCING, INC., as
                                    a Lender 
                                     

                                    
                                      
                                        By: _______________________________

                                         

                                        Name:
                                          _____________________________

                                         

                                        Title:
                                          ______________________________ 

                                         

                                         

                                      

                                    

                                  
	
                                    THE
                                      BANK OF NEW YORK, as
                                      a Lender 

                                     

                                    
                                      
                                        By: _______________________________

                                         

                                        Name:
                                          _____________________________

                                         

                                        Title:
                                          ______________________________

                                      

                                    

                                  	 	
                                    BARCLAYS
                                      BANK PLC, as
                                      a Lender 

                                     

                                    
                                      
                                        By: _______________________________

                                         

                                        Name:
                                          _____________________________

                                         

                                        Title:
                                          ______________________________

                                         

                                         

                                      

                                    

                                  
	REGIONS
                                    BANK, as
                                    a Lender 
                                     

                                    
                                      
                                        By: _______________________________

                                         

                                        Name:
                                          _____________________________

                                         

                                        Title:
                                          ______________________________

                                      

                                    

                                  	 	
                                    WELLS
                                      FARGO BANK, NATIONAL ASSOCIATION, as
                                      a Lender 

                                     

                                    
                                      
                                        By: _______________________________

                                         

                                        Name:
                                          _____________________________

                                         

                                        Title:
                                          ______________________________

                                         

                                         

                                      

                                    

                                  
	
                                    FIFTH
                                      THIRD BANK, as
                                      a Lender

                                    
                                      
                                        By: _______________________________

                                         

                                        Name:
                                          _____________________________

                                         

                                        Title:
                                          ______________________________

                                      

                                    

                                  	 	
                                    HSBC
                                      BANK USA, NATIONAL ASSOCIATION, as
                                      a Lender 

                                     

                                    
                                      
                                        By: _______________________________

                                         

                                        Name:
                                          _____________________________

                                         

                                        Title:
                                          ______________________________exv10w55

 

Exhibit 10.55

CLOSING CERTIFICATE

AND AGREEMENT

BETWEEN

NETWORK APPLIANCE, INC.

(“NAI”)

AND

BNP PARIBAS LEASING CORPORATION

(“BNPPLC”)

July 17, 2007

 

 

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page
	1 Representations, Covenants and Acknowledgments of NAI Concerning the Property
	 	 	1	 
	(A) Prior Inspections and Investigations Concerning the Property
	 	 	2	 
	(B) Title
	 	 	2	 
	(C) Compliance with Covenants and Laws
	 	 	2	 
	2 Representations and Covenants by NAI
	 	 	2	 
	(A) Concerning NAI and the Operative Documents
	 	 	2	 
	(1) Entity Status
	 	 	2	 
	(2) Authority
	 	 	2	 
	(3) Solvency
	 	 	3	 
	(4) Financial Reports
	 	 	3	 
	(5) Pending Legal Proceedings
	 	 	3	 
	(6) No Default or Violation
	 	 	3	 
	(7) Use of Proceeds
	 	 	4	 
	(8) Enforceability
	 	 	4	 
	(9) Pari Passu
	 	 	4	 
	(10) Conduct of Business and Maintenance of Existence
	 	 	4	 
	(11)
Investment Company Act, etc.
	 	 	4	 
	(12) Not a Foreign Person
	 	 	5	 
	(13) ERISA
	 	 	5	 
	(14) Compliance With Laws
	 	 	5	 
	(15) Payment of Taxes Generally
	 	 	5	 
	(16) Maintenance of Insurance Generally
	 	 	6	 
	(17)
Franchises, Licenses, etc.
	 	 	6	 
	(18)
Patents, Trademarks, etc.
	 	 	6	 
	(19) Labor
	 	 	6	 
	(20) Title to Properties Generally
	 	 	7	 
	(21) Books and Records
	 	 	7	 
	(B) Further Assurances
	 	 	7	 
	(C) Syndication
	 	 	7	 
	(D) Financial Statements; Required Notices; Certificates
	 	 	7	 
	(F) OFAC
	 	 	10	 
	3 Financial Covenants and Negative Covenants of NAI
	 	 	10	 
	(B) Financial Covenants
	 	 	12	 
	(1) Minimum Unencumbered Cash and Short Term Investments
	 	 	12	 
	(2) Maximum Leverage Ratio
	 	 	12	 
	(C) Negative Covenants
	 	 	12	 
	(1) Negative Pledge
	 	 	12	 
	(2) Transactions with Affiliates
	 	 	14	 
	(3) Capital Expenditures
	 	 	15	 
	(4) Merger, Consolidation, Transfer of Assets
	 	 	15	 
	(5) Change in Nature of Business
	 	 	15	 

 

 

TABLE OF CONTENTS

(Continued)

	 	 	 	 	 
	 	 	Page
	(6) Multiemployer ERISA Plans
	 	 	15	 
	(7) Prohibited ERISA Transaction
	 	 	15	 
	4 Limited Representations and Covenants of BNPPLC
	 	 	15	 
	(A) Concerning Accounting Matters
	 	 	15	 
	(B) Other Limited Representations
	 	 	17	 
	(1) Entity Status
	 	 	17	 
	(2) Authority
	 	 	18	 
	(3) Solvency
	 	 	18	 
	(4) Pending Legal Proceedings
	 	 	18	 
	(5) No Default or Violation
	 	 	19	 
	(6) Enforceability
	 	 	19	 
	(7) Conduct of Business and Maintenance of Existence
	 	 	19	 
	(8) Not a Foreign Person
	 	 	19	 
	(C) Further Assurances
	 	 	19	 
	(D) Actions Permitted by NAI Without BNPPLC’s Consent
	 	 	23	 
	(E) Waiver of Landlord’s Liens
	 	 	23	 
	(F) Estoppel Letters
	 	 	24	 
	(G) No Implied Representations or Promises by BNPPLC
	 	 	24	 
	5 Usury Savings Provision
	 	 	24	 
	6 Obligations of NAI Under Other Operative Documents Not Limited by this Certificate
	 	 	25	 
	7 Obligations of NAI Hereunder Not Limited by Other Operative Documents
	 	 	26	 
	8 Waiver of Jury Trial
	 	 	26	 

Exhibits and Schedules

			
	Exhibit A
	 	Legal Description
	Exhibit B
	 	Quarterly Certificate
	Exhibit C
	 	Certificate to be Provided by BNPPLC Re: Accounting

(ii)

 

CLOSING CERTIFICATE AND AGREEMENT

     This CLOSING CERTIFICATE AND AGREEMENT (this “Certificate”), dated as of July 17, 2007
(the “Effective Date”), is made by and between BNP PARIBAS LEASING CORPORATION (“BNPPLC”), a
Delaware corporation, and NETWORK APPLIANCE, INC. (“NAI”), a Delaware corporation.

RECITALS

     Contemporaneously with the execution of this Certificate, BNPPLC and NAI are executing a
Common Definitions and Provisions Agreement dated as of the Effective Date (the “Common Definitions
and Provisions Agreement”), which by this reference is incorporated into and made a part of this
Certificate for all purposes. As used in this Certificate, capitalized terms defined in the Common
Definitions and Provisions Agreement and not otherwise defined in this Certificate are intended to
have the respective meanings assigned to them in the Common Definitions and Provisions Agreement.

     Also contemporaneously with this Certificate, BNPPLC is executing and accepting a Ground Lease
from NAI (the “Ground Lease”), pursuant to which BNPPLC is acquiring a leasehold estate in the Land
described in Exhibit A and any existing Improvements on the Land.

     Also contemporaneously with this Certificate, BNPPLC and NAI are executing a Construction
Agreement (the“Construction Agreement”) and a Lease Agreement (the “Lease”). Pursuant to the
Construction Agreement, BNPPLC is agreeing to provide funding for the construction of new
Improvements. When the term of the Lease commences, the Lease will cover all Improvements on the
Land described in Exhibit A.

     Also contemporaneously with this Certificate, BNPPLC and NAI are executing a Purchase
Agreement (the “Purchase Agreement”), pursuant to which NAI may purchase or arrange for the
purchase of the Property and BNPPLC may collect a Supplemental Payment from NAI sufficient to cover
all or a substantial portion of the Lease Balance not otherwise repaid to BNPPLC from the proceeds
of any sale of the Property.

     As a condition to BNPPLC’s execution of the other Operative Documents, BNPPLC requires the
representations and covenants of NAI set out below.

AGREEMENTS

     In consideration of the premises and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties agree as follows:

1 Representations, Covenants and Acknowledgments 
of NAI Concerning the Property. To induce BNPPLC to enter into the Ground Lease, and

 

 

to enter into this Certificate and the other Operative Documents, NAI represents, covenants and
acknowledges as follows:

     (A) Prior Inspections and Investigations Concerning the Property. NAI has thoroughly
inspected, investigated and evaluated the condition of and title to the Property and Applicable
Laws which will govern the construction, use and operation of the Property required or permitted by
the Operative Documents, as necessary to make the representations concerning the Property set forth
in this Certificate and other Operative Documents.

     (B) Title. Good and indefeasible title to the Land and any existing Improvements
thereon is currently vested in NAI, subject only to the rights of BNPPLC under the Ground Lease,
the Permitted Encumbrances and any Liens Removable by BNPPLC. Neither the construction
contemplated by the Construction Agreement, nor the lease of property contemplated by the Ground
Lease or by the Lease, nor any assignment or transfer contemplated by the Purchase Agreement, will
violate any Permitted Encumbrance or invoke any purchase option, right of first refusal or other
preferential purchase right contained in any Permitted Encumbrance. So long as NAI has any rights
under the Construction Agreement, the Lease or the Purchase Agreement, NAI will not permit any
Person to acquire rights of the landlord under the Ground Lease other than NAI itself or a
corporation that controls, is controlled by or under common control with NAI.

     (C) Compliance with Covenants and Laws. The construction contemplated by the
Construction Agreement and use of the Property permitted by the Lease comply, or will comply after
NAI obtains readily available permits (either as the construction manager under the Construction
Agreement or as the tenant under the Lease), in all material respects with all Applicable Laws.
NAI has obtained or can and will promptly obtain all utility, building, health and operating
permits required by any governmental authority or municipality having jurisdiction over the
Property for the construction contemplated in the Construction Agreement and the use of the
Property permitted by the Lease.

2 Representations and Covenants by NAI. NAI also represents and covenants to BNPPLC as
follows:

     (A) Concerning NAI and the Operative Documents.

     (1) Entity Status. NAI is a corporation duly incorporated and validly existing in the
State of Delaware and is authorized to do business in and is in good standing under the laws
of North Carolina.

     (2) Authority. The Constituent Documents of NAI permit the execution, delivery and
performance of the Operative Documents by NAI, and all actions and

Closing Certificate and Agreement - Page 2

 

approvals necessary to bind NAI under the Operative Documents have been taken and
obtained. Without limiting the foregoing, the Operative Documents will be binding upon NAI
when signed on behalf of NAI by Ingemar Lanevi, Vice President and Corporate Treasurer of
NAI. NAI has all requisite power and all governmental certificates of authority, licenses,
permits and qualifications to carry on its business as now conducted and contemplated to be
conducted and to perform the Operative Documents.

     (3) Solvency. NAI is not “insolvent” on the Effective Date (that is, the sum of NAI’s
absolute and contingent liabilities — including the obligations of NAI under the Operative
Documents — does not exceed the fair market value of NAI’s assets), and NAI has no
outstanding liens, suits, garnishments or court actions which could render NAI insolvent or
bankrupt. NAI’s capital is adequate for the businesses in which NAI is engaged and intends
to be engaged. NAI has not incurred (whether by the Operative Documents or otherwise), nor
does NAI intend to incur or believe that it will incur, debts which will be beyond its
ability to pay as such debts mature. No petition or answer has been filed by or, to NAI’s
knowledge, against NAI in bankruptcy or other legal proceedings that seeks an assignment for
the benefit of creditors, the appointment of a receiver, trustee, custodian or liquidator
with respect to NAI or any significant portion of NAI’s property, a reorganization,
arrangement, rearrangement, composition, extension, liquidation or dissolution of NAI or
similar relief under the federal Bankruptcy Code or any state law.

     (4) Financial Reports. All reports, financial statements and other data furnished by
NAI to BNPPLC in connection with the agreements set forth in the Operative Documents are
true and correct in all material respects and do not omit to state any fact or circumstance
necessary to make the statements contained therein not misleading. No material adverse
change has occurred since the dates of such reports, statements and other data in the
financial condition of NAI.

     (5) Pending Legal Proceedings. No judicial or administrative investigations, actions,
suits or proceedings are pending or, to the knowledge of NAI, threatened against or
affecting NAI by or before any court or other Governmental Authority that have or could
reasonably be expected to have a Material Adverse Effect. NAI is not in default with
respect to any order, writ, injunction, decree or demand of any court or other Governmental
Authority in a manner that has or could reasonably be expected to have a Material Adverse
Effect.

     (6) No Default or Violation. The execution and performance by NAI of the Operative
Documents do not and will not contravene or result in a breach of or default under any other
agreement to which NAI is a party or by which NAI is bound or which affects any assets of
NAI. Such execution and performance by NAI do not contravene

Closing Certificate and Agreement - Page 3

 

any law, order, decree, rule or regulation to which NAI is subject. Further, such
execution and performance by NAI will not result in the creation or imposition of (or the
obligation to create or impose) any lien, charge or encumbrance on, or security interest in,
any property of NAI pursuant to the provisions of any such other agreement.

     (7) Use of Proceeds. In no event will the funds from any Funding Advance be used
directly or indirectly for personal, family, household or agricultural purposes or for the
purpose, whether immediate, incidental or ultimate, of purchasing, acquiring or carrying any
“margin stock” or any “margin securities” (as such terms are defined in Regulation U
promulgated by the Board of Governors of the Federal Reserve System) or to extend credit to
others directly or indirectly for the purpose of purchasing or carrying any such margin
stock or margin securities. NAI represents that NAI is not engaged principally, or as one of
NAI’s important activities, in the business of extending credit to others for the purpose of
purchasing or carrying such margin stock or margin securities.

     (8) Enforceability. The Operative Documents constitute the legal, valid and binding
obligations of NAI enforceable in accordance with their terms, subject to the effect of
bankruptcy, insolvency, reorganization, receivership and other similar laws affecting the
rights of creditors generally.

     (9) Pari Passu. The claims of BNPPLC against NAI under the Operative Documents rank at
least pari passu with the claims of all its other unsecured creditors, except those whose
claims are preferred solely by any laws of general application having effect in relation to
bankruptcy, insolvency, liquidation or other similar events.

     (10) Conduct of Business and Maintenance of Existence. So long as any obligations of
NAI under the Operative Documents remain outstanding, NAI will continue to engage in
business of the same general type as now conducted by it and will preserve, renew and keep
in full force and effect its corporate existence and its rights, privileges and franchises
necessary or desirable in the normal conduct of business.

     (11) Investment Company Act, etc. NAI is not and will not become, by reason of the
Operative Documents or any business or transactions in which it participates voluntarily,
(a) an “investment company” or a company “controlled” by an “investment company” (as each
of the quoted terms is defined or used in the Investment Company Act of 1940, as amended),
or (b) subject to regulation under the Federal Power Act, or any foreign, federal or local
statute or regulation limiting NAI’s ability to incur or guarantee indebtedness or
obligations, or to pledge its assets to secure indebtedness or obligations, as contemplated
by any of the Operative Documents.

Closing Certificate and Agreement - Page 4

 

     (12) Not a Foreign Person. NAI is not a “foreign person” within the meaning of Sections
1445 and 7701 of the Code (i.e. NAI is not a non-resident alien, foreign corporation,
foreign partnership, foreign trust or foreign estate as those terms are defined in the Code
and regulations promulgated thereunder).

     (13) ERISA. NAI is not and will not become an “employee benefit plan” (as defined in
Section 3(3) of ERISA) which is subject to Title I of ERISA. The assets of NAI do not and
will not in the future constitute “plan assets” of one or more such plans within the meaning
of 29 C.F.R. Section 2510.3-101. NAI is not and will not become a “governmental plan” within
the meaning of Section 3(32) of ERISA. Transactions by or with NAI are not subject to state
statutes regulating investments of and fiduciary obligations with respect to governmental
plans. No ERISA Termination Event has occurred with respect to any Plan, and NAI and its
Subsidiaries are in compliance with ERISA. Neither NAI nor its Subsidiaries are required to
contribute to, or has any other absolute or contingent liability in respect of, any
Multiemployer Plan. As of the Effective Date no “accumulated funding deficiency” (as
defined in Section 412(a) of the Code) exists with respect to any Plan, whether or not
waived by the Secretary of the Treasury or his delegate, and there are no Unfunded Benefit
Liabilities with respect to any Plan.

     (14) Compliance With Laws. NAI and its Subsidiaries comply and will comply with all
Applicable Laws (including environmental laws and ERISA and the rules and regulations
thereunder), except when the necessity of compliance is contested in good faith by
appropriate proceedings which do not have and could not reasonably be expected to have a
Material Adverse Effect. Neither NAI nor its Subsidiaries have received any notice
asserting or describing a material failure on the part of NAI or any Subsidiary to comply
with Applicable Laws, other than failures that have been fully rectified by NAI or the
Subsidiary, as the case may be, in a manner approved or accepted by Governmental Authorities
responsible for the enforcement of the Applicable Laws.

     (15) Payment of Taxes Generally. Except when the failure to do so does not have and
could not reasonably be expected to have a Material Adverse Effect (taking into account any
appropriate contest of taxes), NAI and its Subsidiaries have filed and will file all tax
declarations, reports and returns which are required by (and in the form required by)
Applicable Laws and have paid and will pay all taxes or other charges shown to be due and
payable on such declarations, reports and returns and all assessments made against it or its
assets by any Governmental Authority; and no liens have been filed or established by any
Governmental Authority against NAI or its assets or against any Subsidiary or its assets to
secure the payment of taxes or assessments that are past due or claimed to be past due.

Closing Certificate and Agreement - Page 5

 

     (16) Maintenance of Insurance Generally. Except when the failure to do so does not
have and could not reasonably be expected to have a Material Adverse Effect, NAI and its
Subsidiaries have maintained and will maintain insurance with respect to its properties and
businesses, with financially sound and reputable insurers, having coverages against losses
or damages of the kinds customarily insured against by reputable companies in the same or
similar businesses, such insurance being the types, and in amounts no less than the amounts,
which are customary for such companies under similar circumstances.

     (17) Franchises, Licenses, etc. Except when the failure to do so does not have and
could not reasonably be expected to have a Material Adverse Effect, NAI and its Subsidiaries
have and comply with, and will have and will comply with, all franchises, certificates,
licenses, permits and other authorizations from Governmental Authorities that are necessary
for the ownership, maintenance and operation of its properties and assets.

     (18) Patents, Trademarks, etc. Except when the failure to do so does not have and
could not reasonably be expected to have a Material Adverse Effect, NAI and its Subsidiaries
have and will have and maintain in full force and effect all patents, trademarks, service
marks, trade names, copyrights, licenses and other such rights, free from burdensome
restrictions, which are necessary for the operation of its businesses. Without limiting the
foregoing, to the knowledge of NAI, no product, process, method, service or other item
presently sold by or employed by NAI or any Subsidiary in connection with its business as
presently conducted infringes any patents, trademark, service mark, trade name, copyright,
license or other right owned by any other Person. No claim or litigation is presently
pending, or to the knowledge of NAI, threatened against or affecting NAI or any Subsidiary
that contests its right to sell or use any such product, process, method, substance or other
item and that has or could reasonably be expected to have a Material Adverse Effect.

     (19) Labor. Neither NAI nor any of its Subsidiaries has experienced strikes, labor
disputes, slow downs or work stoppages due to labor disagreements that currently have or
could reasonably be expected to have a Material Adverse Effect, and to the knowledge of NAI
there are no such strikes, disputes, slow downs or work stoppages threatened against it or
against any Subsidiary. The hours worked and payment made to employees of NAI and its
Subsidiaries have not been in violation in any material respect of the Fair Labor Standards
Act or any other Applicable Laws dealing with such matters. All material payments due on
account of wages or employee health and welfare insurance and other benefits from NAI or
from any Subsidiary have been paid or accrued as liabilities on its books.

Closing Certificate and Agreement - Page 6

 

     (20) Title to Properties Generally. Except when the failure to do so does not have and
could not reasonably be expected to have a Material Adverse Effect, NAI and its Subsidiaries
have and will have and maintain good and indefeasible fee simple title to or valid leasehold
interests in all of its real property and good title to or a valid leasehold interest in all
of its other material assets, as such properties and assets are reflected in the most recent
financial statements delivered to BNPPLC, other than properties or assets disposed of in the
ordinary course of business since such date; subject, however, in the case of the Property
to Permitted Encumbrances and Liens created by the Operative Documents. NAI enjoys peaceful
and undisturbed possession under all of its leases.

     (21) Books and Records. NAI will keep proper books of record and account, containing
complete and accurate entries of all its financial and business transactions.

     (B) Further Assurances. NAI will, upon the reasonable request of BNPPLC, (i) execute,
acknowledge, deliver and record or file such further instruments and do such further acts as may be
necessary, desirable or proper to carry out more effectively the purposes of the Operative
Documents and to subject to any of the Operative Documents any property intended by the terms
thereof to be covered thereby, including specifically, but without limitation, any renewals,
additions, substitutions, replacements or appurtenances to the Property; (ii) execute, acknowledge,
deliver, procure and record or file any document or instrument deemed advisable by BNPPLC to
protect its rights in and to the Property against the rights or interests of third persons; and
(iii) provide such certificates, documents, reports, information, affidavits and other instruments
and do such further acts as may be necessary, desirable or proper in the reasonable determination
of BNPPLC to enable BNPPLC to comply with the requirements or requests of any agency or authority
having jurisdiction over it.

     (C) Syndication. Without limiting the foregoing, NAI will cooperate with BNPPLC as
reasonably required to allow BNPPLC to induce banks not affiliated with BNPPLC to become
Participants. Such cooperation will include the execution of any modification proposed by BNPPLC to
any of the Operative Documents at the request of a prospective Participant; subject, however, to
the conditions that (i) in no event will NAI be required to approve or accept an increase in the
Spread or other modifications that change the economics of the transactions contemplated by the
Operative Documents to NAI, and (ii) in other respects the form and substance of any such
modification agreement must not be reasonably objectionable to NAI.

     (D) Financial Statements; Required Notices; Certificates. Prior to the Completion
Date and throughout the Term of the Lease, NAI will deliver to BNPPLC and to each Participant of
which NAI has been notified:

     (1) as soon as available and in any event within 45 days after the end of each of the
first three fiscal quarters of each fiscal year of NAI, the unaudited consolidated balance
sheet of NAI and its Subsidiaries as of the end of such quarter and consolidated

Closing Certificate and Agreement - Page 7

 

unaudited statements of income, stockholders’ equity and cash flow of NAI and its
Subsidiaries for the period commencing at the end of the previous fiscal year and ending
with the end of such quarter, setting forth in comparative form figures for the
corresponding period in the preceding fiscal year, in the case of such statements of income,
stockholders’ equity and cash flow, and figures for the preceding fiscal year in the case of
such balance sheet, all in reasonable detail, in accordance with GAAP, and certified in a
manner acceptable to BNPPLC by a Responsible Financial Officer of NAI (subject to normal
year-end adjustments); provided, that so long as NAI is a company subject to the periodic
reporting requirements of Section 12 of the Securities Exchange Act of 1934, as amended, NAI
will be deemed to have satisfied its obligations under this clause (1) if NAI delivers to
BNPPLC the same quarterly reports, certified by a Responsible Financial Officer of NAI
(subject to year-end adjustments), that NAI delivers to its shareholders;

     (2) as soon as available and in any event within ninety days after the end of each
fiscal year of NAI, the consolidated balance sheet of NAI and its Subsidiaries as of the end
of such fiscal year and consolidated statements of income, stockholders’ equity and cash
flow of NAI and its Subsidiaries for the period commencing at the end of the previous fiscal
year and ending with the end of such fiscal year, setting forth in comparative form figures
for the preceding fiscal year, all in reasonable detail, in accordance with GAAP, and
certified in a manner acceptable to BNPPLC by independent public accountants of recognized
national standing reasonably acceptable to BNPPLC; provided, that so long as NAI is a
company subject to the periodic reporting requirements of Section 12 of the Securities
Exchange Act of 1934, as amended, NAI will be deemed to have satisfied its obligations under
this clause (ii) if NAI delivers to BNPPLC the same annual report and report and opinion of
accountants that NAI delivers to its shareholders;

     (3) in each case if requested in writing by BNPPLC, together with the financial
statements furnished in accordance with subparagraph 2(D)(1) and 2(D)(2), a certificate of a
Responsible Financial Officer of NAI in the form of certificate attached hereto as
Exhibit B (a) representing that no Event of Default or material Default by NAI has
occurred (or, if an Event of Default or material Default by NAI has occurred, stating the
nature thereof and the action which NAI has taken or proposes to take to rectify it), (b)
stating that the representations and warranties by NAI contained herein are true and
complete in all material respects on and as of the date of such certificate as though made
on and as of such date, and (c) setting forth calculations which show whether NAI is
complying with financial covenants set forth in subparagraph 3(B);

     (4) as soon as possible and in any event within five days after the occurrence of each
Event of Default or material Default known to a Responsible Financial Officer of

Closing Certificate and Agreement - Page 8

 

NAI, a statement of NAI setting forth details of such Event of Default or material
Default and the action which NAI has taken and proposes to take with respect thereto;

     (5) promptly after the sending or filing thereof, copies of all such financial
statements, proxy statements, notices and reports which NAI or any Subsidiary sends to its
public stockholders, and copies of all reports and registration statements (without
exhibits) which NAI or any Subsidiary files with the Securities and Exchange Commission (or
any governmental body or agency succeeding to the functions of the Securities and Exchange
Commission) or any national securities exchange;

     (6) as soon as practicable and in any event within thirty days after a Responsible
Financial Officer of NAI knows or has reason to know that any ERISA Termination Event with
respect to any Plan has occurred, a statement of a Responsible Financial Officer of NAI
describing such ERISA Termination Event and the action, if any, which NAI proposes to take
with respect thereto;

     (7) upon request by BNPPLC, a statement in writing certifying that the Operative
Documents are unmodified and in full effect (or, if there have been modifications, that the
Operative Documents are in full effect as modified, and setting forth such modifications)
and either stating that no default exists under the Operative Documents or specifying each
such default; it being intended that any such statement by NAI may be relied upon by any
prospective purchaser or mortgagee of the Property or any prospective Participant; and

     (8) such other information respecting the condition or operations, financial or
otherwise, of NAI, of its Subsidiaries or of the Property as BNPPLC or BNPPLC’s Parent or
any Participant through BNPPLC may from time to time reasonably request.

Reports and financial statements required to be delivered pursuant to paragraphs (1), (2) and (5)
of this subparagraph 2(D) shall be deemed to have been delivered on the date on which such reports,
or reports containing such financial statements, are posted for downloading (in a “PDF” or other
readily available format) on one of NAI’s internet websites at www.netapp.com or
www.investors.netapp.com or on the SEC’s internet website at www.sec.gov; provided, however, that
after being posted they remain available for downloading at the applicable website for at least 90
days.

BNPPLC is hereby authorized to deliver a copy of any information or certificate delivered to it
pursuant to this subparagraph 2(D) to any Participant and to any regulatory body having
jurisdiction over BNPPLC, BNPPLC’s Parent or any Participant that requires or requests it.

Closing Certificate and Agreement - Page 9

 

     (E) Omissions. None of NAI’s representations in the Operative Documents or
in any other document, certificate or written statement furnished to BNPPLC by or on
behalf of NAI contains any untrue statement of a material fact or omits a material fact
necessary in order to make the statements contained herein or therein (when taken in
their entireties) not misleading.

     (F) OFAC. None of NAI or any subsidiary or affiliate of NAI: (i) is a person named on
the list of Specially Designated Nationals or Blocked Persons maintained by the U.S. Department of
the Treasury’s Office of Foreign Assets Control available at
http://www.treas.gov/offices/eotffc/ofac/sdn/index.html, or as otherwise published from time to
time; or (ii) is (A) an agency of the government of a country, (B) an organization controlled by a
country, or (C) a person resident in a country that is subject to a sanctions program identified on
the list maintained by OFAC and available at
http://www.treas.gov/offices/eotffc/ofac/sanctions/index.html, or as otherwise published from time
to time, as such program may be applicable to such agency, organization or person; or (iii) derives
more than 15% of its assets or operating income from investments in or transactions with any such
country, agency, organization or person. Further, none of the proceeds from the Initial Advance or
any Construction Advance will be used to finance any operations, investments or activities in, or
make any payments to, any such country, agency, organization, or person.

     (G) U.S. Patriot Act. NAI acknowledges that BNPPLC, BNPPLC’s Parent and Participants
may be required, pursuant to the USA Patriot Act (Title III of Pub. L. 107-56 (signed into law
October 26, 2001)) (the “Patriot Act”), to obtain, verify, record and disclose to law enforcement
authorities information that identifies the NAI, including the name and address of NAI. NAI will
provide to BNPPLC and Participants any such information they may request pursuant to the Patriot
Act, and NAI agrees that any of BNPPLC, BNPPLC’s Parent and Participants may disclose such
information to law enforcement authorities if the authorities make a request or demand for
disclosure pursuant to the Patriot Act. NAI also acknowledges that, in such event, none of BNPPLC,
BNPPLC’s Parent or Participants may be required or even permitted by the Patriot Act to notify NAI
of the request or demand for disclosure.

3 Financial Covenants and Negative Covenants of NAI. NAI represents and covenants as
follows:

     (A) Definitions. As used in this Certificate:

     “Adjusted EBITDA” means, for any accounting period, the net income (or net loss) of NAI
and its Subsidiaries (determined on a consolidated basis), plus without duplication
and to the extent reflected as a charge in the statement of such consolidated net income for
such period, the sum of (a) income tax expense, (b) interest expense, (c) depreciation and
amortization expense, (d) amortization of intangibles and organization costs, (e) non-cash
amortization of deferred stock compensation, (f) non-cash expenses related to stock-based
compensation, (g) non-cash in-process research and development expense and (h) any
extraordinary or non-recurring non-cash expenses or losses

Closing Certificate and Agreement - Page 10

 

(including, whether or not otherwise includable as a separate item in the statement of
such consolidated net income for such period, non-cash losses on sales of assets outside the
ordinary course of business), minus (x) to the extent included in the statement of
such consolidated net income for such period, (i) interest income, (ii) any extraordinary or
non-recurring non-cash income or gains (including, whether or not otherwise includable as a
separate item in the statement of such consolidated net income for such period, gains on
sales of assets outside the ordinary course of business), (iii) income tax credits (to the
extent not netted from income tax expense) and (iv) any other non-cash income, and (y) any
cash payments made during such period in respect of items described in clause (e) above
subsequent to the fiscal quarter in which the relevant non-cash expenses or losses were
reflected as a charge in the statement of consolidated net income, all as determined on a
consolidated basis.

     “NAI/Company” means NAI or any of its Subsidiaries.

     “Rolling Four Quarter Period” means a period of four consecutive fiscal quarters of
NAI.

     “Total Debt” means, without duplication, the following (each, unless otherwise noted,
determined in accordance with GAAP):

     (a) all obligations of any NAI/Company evidenced by notes, bonds, debentures or
other similar instruments and all other obligations of any NAI/Company for borrowed
money (including obligations to repurchase receivables or other assets sold with
recourse);

     (b) all obligations of any NAI/Company for the deferred purchase price of
property or services (including obligations under letters of credit or other credit
facilities which secure or finance such purchase price, and the capitalized amount
reported for income tax purposes with respect to obligations under “synthetic”
leases, but excluding accounts payable for property or services or the deferred
purchase price of property to the extent due within one year of the applicable
determination of Total Debt);

     (c) all obligations of any NAI/Company under conditional sale or other title
retention agreements with respect to property (other than inventory) acquired by the
NAI/Company (but limited in amount to the value of such property if the rights and
remedies of the seller or lender under such agreement in the event of default are
limited solely to the repossession or sale of such property);

Closing Certificate and Agreement - Page 11

 

     (d) all obligations of any NAI/Company as lessee under or with respect to
capital leases;

     (e) all guaranty obligations of any NAI/Company with respect to the
indebtedness of any other person, and all other contingent obligations of any
NAI/Company; and

     (f) all obligations of other persons of the types described in clauses (a)
through (e) preceding to the extent secured by (or for which any holder of such
obligations has an existing right, contingent or otherwise, to be secured by) any
Lien on any property (including accounts and contract rights) of any NAI/Company,
even though the NAI/Company has not assumed or become liable for the payment of such
obligations.

     (B) Financial Covenants. NAI covenants that it shall not, at any time prior to the
Completion Date and so long thereafter as the Lease continues in effect, suffer or permit:

     (1) Minimum Unencumbered Cash and Short Term Investments. The sum (without duplication
of any item) of the unrestricted cash, unencumbered short term cash investments and
unencumbered marketable securities classified as short term investments according to GAAP of
NAI and its Subsidiaries (determined on a consolidated basis) to be less than $300,000,000.

     (2) Maximum Leverage Ratio. The ratio of (a) Total Debt as of the end of any Rolling
Four Quarter Period, to (b) Adjusted EBITDA for such Rolling Four Quarter Period, to be more
than 2.00 to 1.00.

     (C) Negative Covenants. NAI will not, without the prior consent of BNPPLC in each
case, do or permit any of its Subsidiaries to do any of the following: Without limiting NAI’s
obligations under the other provisions of the Operative Documents, during the Term, NAI shall not,
without the prior written consent of BNPPLC in each case:

     (1) Negative Pledge. Create, incur, assume or suffer to exist, or permit any of its
Consolidated Subsidiaries to create, incur, assume or suffer to exist, any Lien, upon or
with respect to any of its properties, now owned or hereafter acquired, provided that the
following shall be permitted except to the extent that they would encumber any interest in
the Property in violation of other provisions of the Operative Documents:

     (a) Liens for taxes or assessments or other government charges or levies if not
yet due and payable or if they are being contested in good faith by appropriate
proceedings and for which appropriate reserves are maintained;

Closing Certificate and Agreement - Page 12

 

     (b) Liens imposed by law, such as mechanic’s, materialmen’s, landlord’s,
warehousemen’s and carrier’s Liens, and other similar Liens, securing obligations
incurred in the ordinary course of business which are not past due for more than
thirty (30) days, or which are being contested in good faith by appropriate
proceedings and for which appropriate reserves have been established;

     (c) Liens under workmen’s compensation, unemployment insurance, social security
or similar laws (other than ERISA);

     (d) Liens, deposits or pledges to secure the performance of bids, tenders,
contracts (other than contracts for the payment of money), leases, public or
statutory obligations, surety, stay, appeal, indemnity, performance or other similar
bonds, or other similar obligations arising in the ordinary course of business;

     (e) judgment and other similar Liens against assets other than the Property or
any part thereof in an aggregate amount not in excess of $25,000,000 arising in
connection with court proceedings; provided that the execution or other enforcement
of such Liens is effectively stayed and the claims secured thereby are being
actively contested in good faith by appropriate proceedings;

     (f) easements, rights-of-way, restrictions and other similar encumbrances
which, in the aggregate, do not materially interfere with the occupation, use and
enjoyment by NAI or any such Consolidated Subsidiary of the property or assets
encumbered thereby in the normal course of its business or materially impair the
value of the property subject thereto;

     (g) Liens securing obligations of such a Consolidated Subsidiary to NAI or to
another such Consolidated Subsidiary;

     (h) Liens not otherwise permitted by this subparagraph 3(C)(1) (and not
encumbering the Property) incurred in connection with the incurrence of additional
Indebtedness or asserted to secure Unfunded Benefit Liabilities, provided that (a)
the sum of the aggregate principal amount of all outstanding obligations secured by
Liens incurred pursuant to this clause shall not at any time exceed ten percent
(10%) of NAI consolidated net worth (determined in accordance with GAAP); and (b)
such Liens do not constitute Liens against NAI’s interest in any material Subsidiary
or blanket Liens against all or substantially all of the inventory, receivables,
general intangibles or equipment of NAI or of any

Closing Certificate and Agreement - Page 13

 

material Subsidiary of NAI (for purposes of this clause, a “material
Subsidiary” means any subsidiary whose assets represent a substantial part of the
total assets of NAI and its Subsidiaries, determined on a consolidated basis in
accordance with GAAP); and

     (i) Permitted Encumbrances;

     (j) Liens created by the Operative Documents or other documents being executed
or accepted by BNPPLC in connection with the Operative Documents; and

     (k) Liens on property existing at the time of acquisition of such property or
to secure the payment of all or any part of the purchase price of such property or
any addition thereto or to secure any indebtedness incurred at the time of, or
within 120 days after the acquisition of such property or any addition thereto for
the purpose of financing all or any part of the purchase price thereof (provided
such liens are limited to such property or additions thereto)

     (l) in the event a corporation is merged into NAI or a Subsidiary of NAI or
becomes a Subsidiary of NAI after the Effective Date, Liens on the property or
            shares of capital stock of such corporation existing at the time of such merger or
at the time the corporation became a Subsidiary of NAI as the case may be;

     (m) Liens incurred in connection with any renewals, extensions or refundings of
any Debt secured by Liens described in the preceding clauses of this subparagraph
(1), provided that there is no increase in the aggregate principal amount of Debt
secured thereby from that which was outstanding as of the date of such renewal,
extension or refunding and no additional property is encumbered; and

     (n) Liens incurred to secure Indebtedness incurred no later than June 30, 2007
to fund expenditures by NAI made to comply with or generate tax savings under the
American Job Creations Act of 2004.

     (2) Transactions with Affiliates. Enter into or permit any Subsidiary of NAI to enter
into any material transactions (including, without limitation, the purchase, sale or
exchange of property or the rendering of any service) with any Affiliates of NAI except on
terms (1) that would not cause or result in a Default by NAI under the financial covenants
set forth in Part II of this Schedule, and (2) that are no less favorable to NAI or

Closing Certificate and Agreement - Page 14

 

the relevant Subsidiary than those that would have been obtained in a comparable
transaction on an arm’s length basis from an unrelated Person.

     (3) Capital Expenditures. Make any additional investment in fixed assets in any fiscal
year in excess of an aggregate of twenty percent (20%) of NAI’s total assets as of the end
of the prior fiscal year.

     (4) Merger, Consolidation, Transfer of Assets. Merge into or consolidate with any
other entity (unless NAI is the surviving entity and remains in compliance of all provisions
of the Operative Documents); or make any substantial change in the nature of NAI’s business
as conducted as of the date hereof; or sell, lease, transfer or otherwise dispose of all or
a substantial or material portion of NAI’s assets except in the ordinary course of its
business.

     (5) Change in Nature of Business. Make or do anything that would result in a material
change in the nature of the business NAI and its Subsidiaries, taken as whole, as carried on
at the Effective Date.

     (6) Multiemployer ERISA Plans. Incur any obligation to contribute to any
“multiemployer plan” as defined in Section 4001 of ERISA.

     (7) Prohibited ERISA Transaction. Enter into any transaction which would cause any of
the Operative Documents or any related documents executed or accepted by BNPPLC (or any
exercise of BNPPLC’s rights hereunder or thereunder) to constitute a non-exempt prohibited
transaction under ERISA.

4 Limited Representations and Covenants of BNPPLC

     (A) Concerning Accounting Matters.

     (1) To permit NAI to determine the appropriate accounting for NAI’s relationship with
BNPPLC under FASB Interpretation No. 46(R), Consolidation of Variable Interest Entities
(“FIN 46”), BNPPLC represents that to the knowledge of BNPPLC the fair value of the Property
and of other properties, if any, leased to NAI by BNPPLC (collectively, whether one or more,
the “Properties Leased to NAI”) are, as of the Effective Date, less than half of the total
of the fair values of all assets of BNPPLC, excluding any assets of BNPPLC held within a
silo. Further, none of the Properties Leased to NAI are, as of the Effective Date, held
within a silo. Consistent with the directions of NAI (based upon the current interpretation
of FIN 46 by NAI and its auditors), and for purposes of this representation only:

Closing Certificate and Agreement - Page 15

 

	 	•	 	“held within a silo” means, with respect to any asset
or group of assets leased by BNPPLC to a single lessee or group of
affiliated lessees, that BNPPLC has obtained funds equal to or in
excess of 95% of the fair value of the leased asset or group of assets
to acquire or maintain its investment in such asset or group of assets
through non-recourse financing or other contractual arrangements (such
as targeted equity or bank participations), the effect of which is to
leave such asset or group of assets (or proceeds thereof) as the only
significant asset or assets of BNPPLC at risk for the repayment of such
funds;
	 
	 	•	 	“fair value” means, with respect to any asset, the
amount for which the asset could be bought or sold in a current
transaction negotiated at arms length between willing parties (that is,
other than in a forced or liquidation sale);
	 
	 	•	 	with respect to the Properties Leased to NAI
(regardless of how BNPPLC accounts for the leases of the Properties
Leased to NAI), and with respect to other assets that are subject to
leases accounted for by BNPPLC as operating leases pursuant to
Financial Accounting Standards Board Statement 13 (“FAS 13”), fair
value is determined without regard to residual value guarantees,
remarketing agreements, non-recourse financings, purchase options or
other contractual arrangements, whether made by BNPPLC with NAI or with
other parties, that might otherwise impact the fair value of such
assets;
	 
	 	•	 	with respect to assets, other than Properties Leased to
NAI, that are subject to leases accounted for by BNPPLC as leveraged
leases pursuant to FAS 13, fair value is determined on a gross basis
prior to the application of leveraged lease accounting, recognizing
that equity investments made by BNPPLC in its assets subject to
leveraged lease accounting should be grossed up in applying this test
(however, equity investments made by BNPPLC through another legal
entity should not be so grossed up in applying this test);
	 
	 	•	 	with respect to assets, other than Properties Leased to
NAI, that are subject to leases accounted for by BNPPLC as direct
financing leases pursuant to FAS 13, fair value is determined as the
sum of the fair values (considering current interest rates at which
similar

Closing Certificate and Agreement - Page 16

 

	 	 	 	loans would be made to borrowers with similar credit ratings and for
the same remaining maturities) of the corresponding finance lease
receivables and related unguaranteed residual values.

     (2) BNPPLC also represents that BNPPLC’s Parent is, as of the Effective Date, including
BNPPLC as a consolidated subsidiary in the audited financial statements issued by BNPPLC’s
Parent.

     (3) BNPPLC covenants that, as reasonably requested by NAI from time to time with
respect to any accounting period during which the Lease is or was in effect, BNPPLC will
provide to NAI confirmation of facts concerning BNPPLC and its assets as necessary to permit
NAI to determine the proper accounting for the Lease (including updates of the facts set
forth in clauses (1) and (2) above); except that BNPPLC will not be required by this
provision to (w) provide any information that is not in the possession or control of BNPPLC
or its Affiliates, (x) disclose the specific terms and conditions of its leases or other
transactions with other parties or the names of such parties, (y) make disclosures
prohibited by any law applicable to BNPPLC or BNPPLC’s Parent, or (z) disclose any other
information that is protected from disclosure by confidentiality provisions in favor of such
other parties or would be protected if their agreements with BNPPLC contained
confidentiality provisions similar in scope and substance to any confidentiality provisions
set forth in the Operative Documents for the benefit of NAI or its Affiliates. BNPPLC will
represent that information provided by it pursuant to this clause is true and complete in
all material respects, but only to the knowledge of BNPPLC as of the date it is provided,
utilizing the form of the certificate attached hereto as Exhibit C (signed by an
officer of BNPPLC), which certificate will be provided periodically by BNPPLC within five
business days of reasonable written request therefor by NAI as provided above, or such
longer period of time as may be reasonably necessary under the circumstances in order for
BNPPLC to confirm such information.

     (4) Although the representations required of BNPPLC by this subparagraph are intended
to cover facts, it is understood and agreed (consistent with subparagraph 4(C) of
the Lease) that BNPPLC has not made and will not make any representation or warranty as to
the proper accounting by NAI or its Affiliates of the Lease or as to other accounting
conclusions.

     (B) Other Limited Representations. BNPPLC represents that:

     (1) Entity Status. BNPPLC is a corporation duly incorporated , validly existing and in
good standing under the laws of Delaware.

Closing Certificate and Agreement - Page 17

 

     (2) Authority. The Constituent Documents of BNPPLC permit the execution, delivery and
performance of the Operative Documents by BNPPLC, and all actions and approvals necessary to
bind BNPPLC under the Operative Documents have been taken and obtained. Without limiting
the foregoing, the Operative Documents will be binding upon BNPPLC when signed on behalf of
BNPPLC by Lloyd G. Cox, Managing Director of BNPPLC. BNPPLC has all requisite power and all
governmental certificates of authority, licenses, permits and qualifications to carry on its
business as now conducted and contemplated to be conducted and to perform the Operative
Documents, except that BNPPLC makes no representation as to whether it has obtained
governmental certificates of authority, licenses, permits, qualifications or other
documentation required by state or local Applicable Laws. With regard to any such state or
local requirements, NAI may require that BNPPLC obtain a specific governmental certificates
of authority, licenses, permits, qualifications or other documentation pursuant to
subparagraph 4(C), subject to the conditions set forth in that subparagraph.

     (3) Solvency. BNPPLC is not “insolvent” on the Effective Date (that is, the sum of
BNPPLC’s absolute and contingent liabilities — including the obligations of BNPPLC under the
Operative Documents — does not exceed the fair market value of BNPPLC’s assets), and BNPPLC
has no outstanding liens, suits, garnishments or court actions which could render BNPPLC
insolvent or bankrupt. BNPPLC’s capital is adequate for the businesses in which BNPPLC is
engaged and intends to be engaged. BNPPLC has not incurred (whether by the Operative
Documents or otherwise), nor does BNPPLC intend to incur or believe that it will incur,
debts which will be beyond its ability to pay as such debts mature. No petition or answer
has been filed by or, to BNPPLC’s knowledge, against BNPPLC in bankruptcy or other legal
proceedings that seeks an assignment for the benefit of creditors, the appointment of a
receiver, trustee, custodian or liquidator with respect to BNPPLC or any significant portion
of BNPPLC’s property, a reorganization, arrangement, rearrangement, composition, extension,
liquidation or dissolution of BNPPLC or similar relief under the federal Bankruptcy Code or
any state law. (As used in the Operative Documents, “BNPPLC’s knowledge” and words of like
effect mean the present actual knowledge of Lloyd G. Cox and Barry Mendelsohn, the current
officers of BNPPLC having primary responsibility for the negotiation of the Operative
Documents.)

     (4) Pending Legal Proceedings. No judicial or administrative investigations, actions,
suits or proceedings are pending or, to the knowledge of BNPPLC, threatened against or
affecting BNPPLC by or before any court or other Governmental Authority. BNPPLC is not in
default with respect to any order, writ, injunction, decree or demand of any court or other
Governmental Authority in a manner that has or could reasonably be expected to have a a
material adverse effect on BNPPLC or its ability to perform its obligations under the
Operative Documents.

Closing Certificate and Agreement - Page 18

 

     (5) No Default or Violation. The execution and performance by BNPPLC of the Operative
Documents do not and will not contravene or result in a breach of or default under any other
agreement to which BNPPLC is a party or by which BNPPLC is bound or which affects any assets
of BNPPLC. Such execution and performance by BNPPLC do not contravene any law, order,
decree, rule or regulation to which BNPPLC is subject. Further, such execution and
performance by BNPPLC will not result in the creation or imposition of (or the obligation to
create or impose) any lien, charge or encumbrance on, or security interest in, any property
of BNPPLC pursuant to the provisions of any such other agreement.

     (6) Enforceability. The Operative Documents constitute the legal, valid and binding
obligations of BNPPLC enforceable in accordance with their terms, subject to the effect of
bankruptcy, insolvency, reorganization, receivership and other similar laws affecting the
rights of creditors generally.

     (7) Conduct of Business and Maintenance of Existence. So long as any of the Operative
Documents remains in force, BNPPLC will continue to engage in business of the same general
type as now conducted by it and will preserve, renew and keep in full force and effect its
corporate existence and its rights, privileges and franchises necessary or desirable in the
normal conduct of business.

     (8) Not a Foreign Person. BNPPLC is not a “foreign person” within the meaning of
Sections 1445 and 7701 of the Code (i.e. BNPPLC is not a non-resident alien, foreign
corporation, foreign partnership, foreign trust or foreign estate as those terms are defined
in the Code and regulations promulgated thereunder).

Notwithstanding the foregoing, however or any other provision herein or in other Operative
Documents to the contrary, it is understood that NAI is not relying upon BNPPLC for any evaluation
of North Carolina or local Applicable Laws upon the transactions contemplated in the Operative
Documents, and BNPPLC makes no representation and will not make any representation that conditions
imposed by zoning ordinances or other state or local Applicable Laws to the purchase, ownership,
lease or operation of the Property have been satisfied.

     (C) Further Assurances. Prior to the Completion Date and during the Term of the
Lease BNPPLC will take any action reasonably requested by NAI to facilitate the construction
contemplated by the Construction Agreement or the use of the Property permitted by the Lease or to
modify the commercial condominium regime created by the Condominium Declaration (the “Condominium
Regime”) to facilitate a sale or financing of any of the units designated therein as Unit 1, Unit 2
or Unit 3 (the “Other Units”); subject, however, to the following terms and conditions:

Closing Certificate and Agreement - Page 19

 

     (1) This subparagraph 4(C) will not impose upon BNPPLC the obligation to take any
action that can be taken by NAI, NAI’s Affiliates or anyone else other than BNPPLC as the
lessee under the Ground Lease or the owner of the Property.

     (2) BNPPLC will not be required by this subparagraph 4(C) to incur any expense or make
any payment to another Person unless (a) BNPPLC has received funds from NAI, in excess of
any other amounts due from NAI under any of the Operative Documents, sufficient to cover the
expense or make the payment or (b) the request by NAI which will result in such expense or
payment is made before the Completion Date and BNPPLC can include such expense or payment in
the Outstanding Construction Allowance for purposes of the Construction Agreement.

     (3) BNPPLC will have no obligations whatsoever under this subparagraph 4(C) at any time
after a 97-10/Meltdown Event or when a Default or an Event of Default has occurred and is
continuing.

     (4) NAI must request any action to be taken by BNPPLC pursuant to this subparagraph
4(C), and such request must be specific and in writing, if required by BNPPLC at the time
the request is made.

     (5) No action may be required of BNPPLC pursuant to this subparagraph 4(C) that could
constitute a violation of any Applicable Laws or compromise or constitute a waiver of
BNPPLC’s rights under other provisions of this Certificate or any of the other Operative
Documents or that for any other reason is reasonably objectionable to BNPPLC.

     The actions BNPPLC will take pursuant to this subparagraph 4(C) if reasonably requested by NAI
will include, subject to the conditions listed in the proviso above, executing or consenting to, or
exercising or assisting NAI to exercise rights under any: (I) grant of easements, licenses, rights
of way, and other rights in the nature of easements encumbering the Land or the Improvements, (II)
release, relocation or termination of easements, licenses, rights of way or other rights in the
nature of easements which are for the benefit of the Land or Improvements or any portion thereof,
(III) dedication or transfer of portions of the Land not improved with a building, for road,
highway or other public purposes, (IV) agreements (which will, in the case of agreements made with
NAI or its Affiliates, remain subject to subparagraphs (J), (K) and (L) of Paragraph 11 of the
Ground Lease or comparable provisions included in amendments to the Operative Documents) for the
use and maintenance of common areas, for reciprocal rights of parking, ingress and egress and
amendments to any covenants and restrictions affecting the Land or any portion thereof, (V)
documents required to create or administer a governmental special benefit district or assessment
district for public improvements and collection of special assessments, (VI) instruments necessary
or desirable for the exercise or enforcement of rights or

Closing Certificate and Agreement - Page 20

 

performance of obligations under any Permitted Encumbrance or any contract, permit, license,
franchise or other right included within the term “Property”, (VII) modifications of Permitted
Encumbrances, (VIII) permit applications or other documents required to accommodate the
Construction Project, (IX) confirmations of NAI’s rights under any particular provisions of the
Operative Documents which NAI may wish to provide to a third party, or (X) amendments to the
Condominium Declaration or other documents which establish the Condominium Regime as required to
permit a sale of financing of the Other Units. However, the determination of whether any such
action is reasonably requested or reasonably objectionable to BNPPLC may depend in whole or in part
upon the extent to which the requested action may result in a lien to secure payment or performance
obligations against BNPPLC’s interest in the Property, may cause the value of the Property to be
less than the Lease Balance after any Qualified Prepayments that may result from such action are
taken into account, or may impose upon BNPPLC any present or future obligations greater than the
obligations BNPPLC is willing to accept, taking into consideration the indemnifications provided by
NAI under the Construction Agreement or the Lease, as applicable.

     In addition, with respect to any request made by NAI to facilitate a relocation of any
easements or a substitution of new easements for those described in Exhibit A, the
following will be relevant to the determination of whether the request is reasonable:

     (i) whether material encroachments will result from the relocation or replacement, and
whether title to the land over or under which any such easement is to be relocated or
replaced is encumbered by Liens other than those which are Fully Subordinated or Removable
or which otherwise constitute Permitted Encumbrances;

     (ii) whether the relocation or replacement will result in any interruption of access or
services provided to the Property which is likely to extend beyond the Designated Sale Date
(it being understood, however, that any such interruption which is not likely to extend
beyond the Designated Sale Date will not be a reason for BNPPLC to decline the request); and

     (iii) whether the relocation or replacement is to be accomplished in a manner that will
not, when the relocation or replacement is complete, result in a material adverse change in
the access to or services provided to the Improvements or the Land.

     With respect to any request made by NAI to amend the Condominium Regime, the following will be
relevant to the determination of whether the request is reasonable:

     (1) whether the Condominium Regime, as amended, will continue to provide that all
significant building Improvements constructed or to be constructed by NAI for BNPPLC
pursuant to the Construction Agreement, and only such Improvements,

Closing Certificate and Agreement - Page 21

 

comprise one or more distinct condominium units (whether one or more, the “Applicable
Units”) which are included in the Property;

     (2) whether NAI is willing to amend the Operative Documents by amendments in form and
substance acceptable to BNPPLC (the “Anticipated Amendments”) as necessary to ensure that:

     (A) the Property will include of the Applicable Units, together with all
appurtenant access, parking and other rights and easements (whether exclusive or
nonexclusive) comparable to those existing or created as of the Effective Date as
rights and easements appurtenant to Unit 4 pursuant to the Ground Lease or the
Condominium Declaration (“Appurtenant Condo Rights”);

     (B) the land leased to BNPPLC pursuant to the Ground Lease will include the
land over which exclusive possession and control must reasonably be vested in the
owner of the Applicable Units to preserve the value and utility of the Applicable
Units to such owner, taking into account Appurtenant Condo Rights; and

     (C) in the event discretionary approvals or consents are required from any
“declarant” or “operator” or “owner’s association” by the Condominium Regime over
the design, construction or alteration of Improvements or over the sale, use,
leasing or financing of the Property, then (i) the “declarant” or “operator” or
“owner’s association” will be NAI or controlled by it or another party acceptable to
BNPPLC and will be bound by and remain bound by subparagraphs (J), (K), (L) and (M)
of Paragraph 11 of the Ground Lease or comparable provisions in the Anticipated
Amendments with respect to such discretionary approvals or consents;

     (3) whether the request itself (if granted) or the proposed Condominium Regime (as
amended) is likely to have any material adverse impact on the value or utility of the
Property, taken as a whole, after giving effect to the Anticipated Amendments and taking
into account Appurtenant Condo Rights; and

     (4) whether the request itself (if granted) or the Condominium Regime (as amended) will
materially limit, or give NAI or its Affiliates discretionary control over, the rights of
BNPPLC and its successors and assigns to use or lease, sell or otherwise transfer the
Applicable Units in the event NAI declines for any reason to purchase the Property on the
Designated Sale Date pursuant to the Purchase Agreement, but taking into account any
superior rights BNPPLC has or may reserve under or by reference to subparagraphs (J), (K),
(L) and (M) of Paragraph 11 of the Ground Lease or comparable provisions in the Anticipated
Amendments.

Closing Certificate and Agreement - Page 22

 

     Any and all Losses incurred by BNPPLC because of any action taken after the Completion Date
pursuant to this subparagraph 4(C) will be covered by the indemnifications of BNPPLC set forth in
Construction Agreement or in the Lease. Further, for purposes of such indemnification, any such
action taken by BNPPLC will be deemed to have been made at the request of NAI if made pursuant to
any request of counsel to or any officer of NAI (or with their knowledge, and without their
objection) in connection with the execution or administration of the Lease or the other Operative
Documents.

     (D) Actions Permitted by NAI Without BNPPLC’s Consent. No refusal by BNPPLC to
execute or join in the execution of any agreement, application or other document requested by NAI
pursuant to the preceding subparagraph 4(C) will prevent NAI from itself executing such agreement,
application or other document, so long as NAI is not purporting to act for BNPPLC and does not
thereby create or expand any obligations or restrictions that encumber BNPPLC’s title to the
Property. Further, subject to the other terms and conditions of the Lease and other Operative
Documents, NAI may do any of the following in NAI’s own name and to the exclusion of BNPPLC before
and during the Term of the Lease, so long as no 97-10/Meltdown Event has occurred and no Default or
Event of Default has occurred and is continuing, and provided NAI is not purporting to act for
BNPPLC and does not thereby create or expand any obligations or restrictions that encumber BNPPLC’s
title to the Property:

     (1) perform obligations arising under and exercise and enforce the rights of NAI or the
owner of the Property under the Permitted Encumbrances;

     (2) perform obligations arising under and exercise and enforce the rights of NAI or the
owner of the Property with respect to any other contracts or documents (such as building
permits) included within the Personal Property; and

     (3) recover and retain any monetary damages or other benefit inuring to NAI or the
owner of the Property through the enforcement of any rights, contracts or other documents
included within the Personal Property (including the Permitted Encumbrances); provided, that
to the extent any such monetary damages may become payable as compensation for an adverse
impact on value of the Property, the rights of BNPPLC and NAI under the other Operative
Documents with respect to the collection and application of such monetary damages will be
the same as for condemnation proceeds payable because of a taking of all or any part of the
Property.

     (E) Waiver of Landlord’s Liens. BNPPLC waives any security interest, statutory
landlord’s lien or other interest BNPPLC may have in or against computer equipment and other
tangible personal property placed on the Land from time to time that NAI or its Affiliates own
or

Closing Certificate and Agreement - Page 23

 

lease from other lessors; however, BNPPLC does not waive its interest in or rights with
respect to equipment or other property included within the “Property” as described in Paragraph
7 of the Lease. Although computer equipment or other tangible personal property may be “bolted
down” or otherwise firmly affixed to Improvements, it will not by reason thereof become part of the
Improvements if it can be removed without causing structural or other material damage to the
Improvements and without rendering HVAC or other major building systems inoperative and if it does
not otherwise constitute “Property” as provided in Paragraph 7 of the Lease.

     Without limiting the foregoing, BNPPLC acknowledges that NAI may obtain financing from other
parties for inventory, furnishings, equipment, machinery and other personal property that is
located in or about the Improvements, but that is not included in or integral to the Property, and
to secure such financing NAI may grant a security interest under the North Carolina Uniform
Commercial Code in such inventory, furnishings, equipment, machinery and other personal property.
Further, BNPPLC acknowledges that the lenders providing such financing may require confirmation
from BNPPLC of its agreements concerning landlord’s liens and other matters set forth in this
subparagraph 4(E), and NAI may obtain such confirmation in any statement required of BNPPLC by the
next subparagraph.

     (F) Estoppel Letters. Upon thirty days written request by NAI at any time and from
time to time prior to the Designated Sale Date, BNPPLC must provide a statement in writing
certifying that the Operative Documents are unmodified and in full effect (or, if there have been
modifications, that the Operative Documents are in full effect as modified, and setting forth such
modifications), certifying the dates to which the Base Rent payable by NAI under the Lease has been
paid, stating whether BNPPLC is aware of any default by NAI that may exist under the Operative
Documents and confirming BNPPLC’s agreements concerning landlord’s liens and other matters set
forth in subparagraph 4(E). Any such statement by BNPPLC may be relied upon by anyone with whom NAI
may intend to enter into an agreement for construction of the Improvements or other significant
agreements concerning the Property.

     (G) No Implied Representations or Promises by BNPPLC. NAI acknowledges and agrees
that neither BNPPLC nor its representatives or agents have made any representations or promises
with respect to the Property or the transactions contemplated in the Operative Documents except as
expressly set forth in the Operative Documents, and no rights, easements or licenses are being
acquired by NAI from BNPPLC by implication or otherwise, except as expressly set forth in the other
Operative Documents.

5 Usury Savings Provision. Notwithstanding anything to the contrary in any of the
Operative Documents, BNPPLC does not intend to contract for, charge or collect any amount of money
from NAI that constitutes interest in excess of the maximum nonusurious rate of interest, if any,
allowed by applicable usury laws (the “Maximum Rate”). BNPPLC and NAI agree that

Closing Certificate and Agreement - Page 24

 

 it is their intent in the execution of the Lease, the Purchase Agreement and other Operative
Documents to contract in strict compliance with applicable usury laws, if any. In furtherance
thereof, BNPPLC and NAI stipulate and agree that none of the provisions of the Lease, the Purchase
Agreement or the other Operative Documents shall ever be construed to create a contract requiring
compensation for the use, forbearance or detention of money at a rate in excess of the Maximum
Rate, and the provisions of this paragraph shall control over all other provisions of this
Certificate or other Operative Documents which may be in apparent conflict herewith. All interest
paid or agreed to be paid by NAI to BNPPLC shall, to the extent permitted by applicable usury laws,
be amortized, prorated, allocated, and spread throughout the period that any principal upon which
such interest accrues is expected to be outstanding (including without limitation any renewal or
extension of the term of the Lease) so that the amount of interest included in such payments does
not exceed the maximum nonusurious amount permitted by applicable usury laws. If the Designated
Sale Date is accelerated and as a result thereof amounts paid by NAI to BNPPLC as interest are
determined to exceed the interest that would have accrued at the Maximum Rate for the period prior
to the Designated Sale Date, then BNPPLC shall, at its option, either refund to NAI the amount of
such excess or credit such excess as a Qualified Prepayment (and thus reduce the Lease Balance and
other amounts, the determination of which depend upon Qualified Prepayments credited to NAI) and
thereby shall render inapplicable any and all penalties of any kind provided by applicable usury
laws as a result of such excess interest. If BNPPLC receives money (or anything else) that is
determined to constitute interest and that would, but for this provision, increase the effective
interest rate received by BNPPLC under or in connection with the Operative Documents to a rate in
excess of the Maximum Rate, then the amount determined to constitute interest in excess of the
maximum nonusurious interest shall, immediately following such determination, be returned to NAI or
be credited as a Qualified Prepayment, in which event any and all penalties of any kind under
applicable usury law shall be inapplicable. If BNPPLC does not actually receive, but shall
contract for, request or demand, a payment of money (or anything else) which is determined to
constitute interest and to increase the effective interest rate contracted for or charged to a rate
in excess of the Maximum Rate, BNPPLC shall be entitled, following such determination, to waive or
rescind the contractual claim, request or demand for the amount determined to exceed the Maximum
Rate, in which event any and all penalties of any kind under applicable usury law shall be
inapplicable. If at any time NAI should have reason to believe that the transactions evidenced by
the Operative Documents are in fact usurious, NAI shall promptly give BNPPLC notice of such
condition, after which BNPPLC shall have ninety days in which to make appropriate refund or other
adjustment in order to correct such condition if it in fact exists.

6 Obligations of NAI Under Other Operative Documents Not Limited by this Certificate.
Except as provided above in Paragraph 5, nothing contained in this Certificate will limit, modify
or otherwise affect any of NAI’s obligations under the other Operative Documents. Subject to
Paragraph 5, those obligations are intended to be separate, independent and in addition to, and not
in lieu of, those established by this Certificate.

Closing Certificate and Agreement - Page 25

 

7 Obligations of NAI Hereunder Not Limited by Other Operative Documents. Recognizing that
but for this Certificate (including the representations of NAI set forth in Paragraph 1) BNPPLC
would not acquire the Property or enter into the other Operative Documents, NAI agrees that
BNPPLC’s rights for any breach of this Certificate (including a breach of such representations)
will not be limited by any provision of the other Operative Documents that would limit NAI’s
liability thereunder.

8 Waiver of Jury Trial. By its execution of this Certificate, each of NAI and BNPPLC
hereby waives its respective rights to a jury trial of any claim or cause of action based upon or
arising out of the Operative Documents or any of them or any other document or dealings between
them relating to the Property. The scope of this waiver is intended to be all-encompassing of
any and all disputes that may be filed in any court and that relate to the subject matter of this
transaction, including contract claims, tort claims, breach of duty claims, and all other common
law and statutory claims. This waiver is a material inducement to each of BNPPLC and NAI as they
enter into a business relationship; each has already relied on the waiver in entering into the
Operative Documents; and each will continue to rely on the waiver in their related future dealings.
NAI and BNPPLC, each having reviewed this waiver with its legal counsel, knowingly and voluntarily
waives its jury trial rights following consultation with legal counsel. This waiver is
irrevocable, meaning that it may not be modified either orally or in writing, and the waiver will
apply to any subsequent amendments, renewals, supplements or modifications to each of the Operative
Documents or to any other documents or agreements relating to the Property. In the event of
litigation, this Certificate may be filed as a written consent to a trial by the court.

[The signature pages follow.]

Closing Certificate and Agreement - Page 26

 

     IN WITNESS WHEREOF, this Closing Certificate and Agreement is executed to be effective as of
July 17, 2007.

	 	 	 	 	 
	 	BNP PARIBAS LEASING CORPORATION, a Delaware

corporation

 	 
	 	By:  	 	 
	 	 	Lloyd G. Cox, Managing Director 	 
	 	 	 	 
	 

Closing
Certificate and Agreement - Signature Pages

 

 

[Continuation of signature pages for Closing Certificate and Agreement dated as of July 17, 2007.]

	 	 	 	 	 
	 	NETWORK APPLIANCE, INC., a Delaware corporation

 	 
	 	By:  	 	 
	 	 	Ingemar Lanevi, Vice President and Corporate 	 
	 	 	Treasurer 	 
	 

Closing
Certificate and Agreement - Signature Pages

 

 

Exhibit A

Legal Description

BEING a portion of Site 12 as shown on the map entitled “Exempt Subdivision Map of Site 12”,
prepared by Barbara H. Mulkey Engineering, Inc., on May 30, 2000 as recorded in the Book of Maps
2000, Page 1300, Wake County, North Carolina Registry, such portion being described as follows:

Unit 4 and the Additional Leased Premises, both as defined below (collectively, the
“Ground Lease Premises”).

As used in this Exhibit:

     (1) “Additional Leased Premises” means the land surrounding and adjacent to
Unit 4, depicted on the site plan attached to and made a part of this Exhibit as the
area shaded in gray, which includes parking lots, driveways and other areas within
the larger area designated as Common Elements in the Condominium Declaration. The
outer boundaries of the Additional Leased Premises are described by metes and bounds
on the last page attached to and made a part of this Exhibit. All land within those
outer boundaries, other than Unit 4, is included in the Additional Leased Premises.

     (2) “Condominium Declaration” means the Declaration of Condominium for NetApp
RTP Phase I Condominium recorded in Book 012647, Page 01310, Wake County, North
Carolina Registry.

     (3) “Condominium Map” means the plat provided to BNP Paribas Leasing
Corporation (“BNPPLC”) by Network Appliance, Inc. (“NAI”) attached to and made a
part of this Exhibit. (The Condominium Map has also been filed in the Book of Maps
CM2007, Page 444A1, Wake County, North Carolina Registry.)

     (4) “Unit 4” means the land designated and described in the Condominium
Declaration as Unit 4 and is shown on the Condominium Map and site plan
attached to and made a part of this Exhibit.

TOGETHER WITH, easements appurtenant to the Ground Lease Premises as described in Exhibit A
attached to the Ground Lease dated as of July 17, 2007 between BNPPLC, as lessee, and NAI, as
lessor (the “Ground Lease”);

SUBJECT, HOWEVER, to an easement reserved over the Additional Leased Premises (but not any part of
Unit 4) in favor of the Association as described in Exhibit A attached to the Ground Lease.

 

 

Exhibit A
to Closing Certificate and Agreement - Page 2

 

 

Exhibit A
to Closing Certificate and Agreement - Page 3

 

 

Attachment to Exhibit A — Metes and Bounds

Description of “Additional Leased Premises”

     The following is a metes and bounds description of the outer boundaries of the Additional
Leased Premise:

BEGINNING
at NCGS Monument “Hopson”, said monument having NC Grid Coordinates of
N=773,721,48 and E=2,034,907.39 (NAD 83), traveling thence South
11° 44’ 59” West 6154,66 feet to a
right-of-way monument on the southern margin of Louis Stephens Drive (a 100 foot public
right-of-way), thence North 72° 48’ 35” East 164.29 feet to a right-of-way monument on the southern
margin of Kit Creek Road (a 150 foot public right-of-way); thence with the southern margin of said
Kit Creek Road the following two (2) courses and distances:

	 	(1)	 	South 68° 46’ 54 East 412.64 feet to a right-of-way monument; and

	 
	 	(2)	 	with a curve to the right having a radius of 924.83 feet, an
arc length of 475.96, and a
chord bearing
and distance of South 54° 02’ 59” East 470.72 feet to a computed point;

said computed being the POINT AND
PLACE OF BEGINNING; thence from said point of beginning
and continuing with the southern margin of Kit Creek Road South
39° 18’ 29” East 571.64 feet to a
computed point, thence cornering and leaving said right-of-way and with the common line of
property now or formerly owned by Research Triangle Foundation of NC (DB 1670 PG 239) the
following two (2) courses and distances:

	 	(1)	 	South 50° 41’ 31” West 100.00 feet to an iron pipe found, and

	 
	 	(2)	 	South 83° 31’ 01” West 483.47 feet to an iron pipe found;

thence cornering and along three (3) new lines within the bounds of property owned by Network
Appliance, Inc. (DB 10941 Pg 2054) as follows:

	 	(1)	 	North 12° 44’ 00” West 279.97 feet
	 
	 	(2)	 	North 48° 55’ 31” West 50.30 feet; and
	 
	 	(3)	 	North 32° 57’ 24” East 401.61 feet to a point alone the southern margin of said Kit Creek
Road;

thence with the southern margin of Kit Creek Road along a curve to the right having a radius
of 925,04
feet, an arc length of 113.05 feet and a chord bearing and distance of South 42° 48’ 33” East
112.98 feet to
the POINT AND PLACE OF BEGINNING containing 5.36 acres (233.621 square feet), more
or less,
said area shown on the rendering attached hereto.

Exhibit A to Closing Certificate and Agreement - Page 4

 

 

Exhibit B

Quarterly Certificate

BNP Paribas Leasing Corporation

12201 Merit Drive, Suite 860

Dallas, Texas 75251

Attention: Lloyd G. Cox, Managing Director

Gentlemen:

     This Certificate is furnished pursuant to subparagraph 2(D)(3) of the Closing Certificate and
Agreement dated as of July 17, 2007 between Network Appliance, Inc. and BNP Paribas Leasing
Corporation(as amended, the “Closing Certificate”). Terms defined in the Closing Certificate and
used but not otherwise defined in this Certificate are intended to have the respective meanings
ascribed to them in the Closing Certificate.

     The undersigned, being a Responsible Financial Officer of Network Appliance, Inc., represents
and certifies the following to BNP Paribas Leasing Corporation:

     (a) No Event of Default or material Default by NAI has occurred except as follows:

[If an Event of Default or material Default by NAI has occurred, insert a
description of the nature thereof and the action which NAI has taken or
proposes to take to rectify it; otherwise, insert the word “none”.]

     (b) The representations and warranties by NAI in the Closing Certificate are true and
complete in all material respects on and as of the date of this Certificate as though made
on and as of such date.

     (c) the calculations set forth in the attachment to this Certificate, which show
whether NAI is complying with financial covenants set forth in subparagraph 3(B) of the
Closing Certificate based upon the most recent information available, are true and complete.

     Executed this ___day of ___, 20___.

[INSERT SIGNATURE BLOCK FOR A

RESPONSIBLE FINANCIAL OFFICER]

 

 

Exhibit C

Certificate of BNPPLC Re: Accounting

Network Appliance, Inc.

7301 Kit Creek Road

Research Triangle Park, NC 27709

Attention: Ingemar Lanevi

Gentlemen:

     This certificate is furnished pursuant to subparagraph 4(A) of the Closing Certificate and
Agreement dated as of July 17, 2007 between BNP Paribas Leasing Corporation and Network Appliances,
Inc. (as amended, the “Closing Certificate”). Terms defined in the Closing Certificate and used
but not otherwise defined in this certificate are intended to have the respective meanings ascribed
to them in the Closing Certificate.

     BNP Paribas Leasing Corporation (“ BNPPLC”) certifies that the following are true and complete
in all material respects, but only to the knowledge of BNPPLC as of the date hereof:

     (A) The facts disclosed in any financial statements or other documents listed in the
Annex attached to this certificate were (as of their respective dates) true and complete in
all material respects. Copies of such statements or other documents were provided by or behalf of
BNPPLC to NAI prior to the date hereof to permit NAI to determine the appropriate accounting for
NAI’s relationship with BNPPLC under FASB Interpretation No. 46(R), Consolidation of Variable
Interest Entities (“FIN 46”).

     (B The fair value of the Property and of other properties, if any, leased to NAI by BNPPLC
(collectively, whether one or more, the “Properties Leased to NAI”) are, as of the date hereof,
less than half of the total of the fair values of all assets of BNPPLC, excluding any assets of
BNPPLC which are held within a silo. Further, none of the Properties Leased to NAI are, as of the
date hereof, held within a silo.

     Although the representations required of BNPPLC by this certificate are intended to cover
facts, it is understood and agreed (consistent with subparagraph 4(C) of the Lease) that
BNPPLC has not made and will not make any representation or warranty as to the proper accounting by
NAI or its Affiliates of the Lease or other Operative Documents or as to other accounting
conclusions.

     Executed this ___day of ___, 20___.

 

 

	 	 	 	 	 	 	 	 	 
	 	 	BNP PARIBAS LEASING CORPORATION,
 a
Delaware corporation	 	 
	 
	 

	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 

	 	 	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 

Exhibit C
to Closing Certificate and Agreement - Page 2

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