Document:

exhibit_4-38.htm

EXHIBIT 4.38

 

THIS PROMISSORY NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, (THE "ACT") AND MAY BE DEEMED A "RESTRICTED SECURITY" AS THAT TERM IS DEFINED IN RULE 144 UNDER THE ACT. THIS PROMISSORY NOTE MAY NOT BE OFFERED FOR SALE, SOLD OR OTHERWISE TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT OR PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE ACT, THE AVAILABILITY OF WHICH IS TO BE ESTABLISHED TO THE SATISFACTION OF THE COMPANY.

 

U.S. $200,000.00

 

	 	Poughkeepsie, New York  
May 24, 2013

 

 

AMENDED PROMISSORY NOTE

 

FOR VALUE RECEIVED, Gilman Ciocia, Inc., a Delaware corporation ("Maker") promises to pay to the order of Christopher R. Hecker Irrevocable Trust dated September 30, 2003 (the "Payee"), during regular business hours at whatever place the Holder may from time to time designate, the principal sum of $200,000.00 (the "Principal Balance") with interest thereon at Ten percent (10%) per annum, as follows:

 

	
  

	
1.

	
The Maker shall pay interest in arrears on the outstanding principal balance on the 15th day of each month commencing on June 15, 2013. The final interest payment for the month of June, 2014 shall be paid on July 1, 2014.

 

	
  

	
2.

	
The Maker will pay the Payee the Principal Balance on July 1, 2014.

 

	
  

	
3.

	
The Maker shall pay to the Payee a late fee equal to five (5%) percent of the payment due for each payment that is paid more than five (5) days after it is due.

 

This Amended Promissory Note supersedes the Amended Promissory Note between the Maker and the Payee dated May 31, 2013 in the amount of $200,000.00.

 

All amounts payable hereunder shall be payable to Payee in United States dollars at such bank account as shall be designated by the Payee in immediately available funds or as otherwise specified to Maker in writing. Payment on this note shall be applied first to any expenses of collection, then to accrued interest, and thereafter to the outstanding principal balance hereof.

 

This Note may be prepaid in whole or in part at any time without penalty. 

 

The following events shall each be an "Event of Default" under this Note:

 

 

 

 

 

  

1

  

 

	 	
(a) 

	
The Maker becomes insolvent or generally fails to pay, or admits inwriting its inability or refusal to pay, debts as they become due; or Maker applies for, consents to or acquiesces in the appointment of a trustee, receiver or other custodian for the Maker or any substantial part of its property, or makes a general assignment for the benefit of creditors; or, in the absence of such application, consent or acquiescence, a trustee, receiver or other custodian is appointed for the Maker, or for a substantial part of its property, and is not discharged within 60 days; or any bankruptcy, reorganization, debt arrangement or other case or proceeding under any bankruptcy or insolvency law, or any dissolution or liquidation proceeding, is commenced in respect of the Maker, and if such case or proceeding is not commenced by the Maker, it is consented to or acquiesced in by the Maker, or remains for 60 days undismissed; and

 

	
  

	
(b)

	
Maker's failure to make any payment under this Note within thirty (30) days from the date the same becomes due and payable.

 

	
  

	
(c)

	
If Maker sells or merges or transfers ownership and control of the corporation (meaning greater than 50% of outstanding common shares or assets are transferred or sold).

 

Upon the occurrence of an Event of Default, the unpaid principal, all unpaid accrued interest thereon and all other amounts owing hereunder shall automatically become immediately due and payable. Effective upon an Event of Default, the interest rate on this Note shall increase to16%, or to such lesser interest rate as is permitted by applicable law.

 

This Note is made with full recourse to the Maker including without limitation with full recourse to all assets of the Maker and pursuant to and upon all warranties, representations, covenants and agreements on the part of the Maker as contained herein.

 

Maker waives presentment and written demand for payment, notice of dishonor, protest and notice of protest of this Note, and shall pay all costs of collection when incurred, including, without limitation, reasonable attorneys' fees, costs and other expenses. Maker waives its rights to a jury trial in connection with any claims arising under this Note to the fullest extent permitted by law. If there has been an Event of Default by Maker hereunder, Payee shall be entitled to receive and Maker agrees to pay all costs of enforcement and collection incurred by Payee, including, without limitation, reasonable attorneys' fees relating thereto.

 

The provisions of this Note shall be binding on any successor to Maker and shall extend to any holder hereof.

 

This Note may not be changed, modified or terminated orally.

 

This note shall be governed by and construed in accordance with the laws of the State of New York without regard to any principles of conflicts of law. The Maker submits to the jurisdiction of the New York State Supreme Court, Dutchess County, for any collection lawsuits.

 

This Note is collateralized and secured by a collateral assignment by Maker to the Payee in 2% of the common stock of Prime Capital Services, Inc. The Maker will execute the Stock Pledge and Security Agreement annexed as Exhibit A evidencing such collateral assignment.

  

2

  

 

The Payee has executed the Investor Qualification Statement annexed hereto as Exhibit B evidencing that the Payee is a Sophisticated Investor in accordance with Regulation D promulgated under the Securities Act of 1933.

 

The Payee has received and reviewed the following annexed hereto as Exhibit C: the Company's Form 10-K for the year ended June 30, 2012, the Company's Form 10-Q for the quarter ended March 31, 2013. Prior to executing this Amended Promissory Note, the Payee has made an independent investigation of the Company's business, been provided an opportunity to obtain additional information concerning the Company the Payee deems necessary to make an investment decision and all other information to the extent the Company possesses such information or can acquire it without unreasonable effort or expense.

 

The Payee acknowledges and agrees that the Stock Pledge and Security Agreement annexed as Exhibit A has been amended from the previous Stock Pledge and Security Agreement dated May 31, 2012 to include the following paragraphs:

 

	
  

	
X.

	
EXCLUDED ASSETS. The Pledged Property under this Stock Pledge and Security Agreement does not include the assets of Prime Capital Services, Inc. which are expressly excluded from the security interest granted under this Agreement.

 

	
  

	
XI.

	
REQUIRED APPROVALS AND CONSENTS. Notwithstanding anything herein or in any other security document to the contrary, no Pledgee shall, without first obtaining all the prior recordings, registrations, notices and approvals or consents of any governmental authority or any self-regulatory authority (if any) that are required by law, regulations or such self-regulatory authority, take any action hereunder or under any other security document that would constitute or result in any sale or any change of control of Prime Capital Services, Inc., the broker-dealer subsidiary whose common stock constitutes the Pledged Property and the Pledged Securities under this Agreement.

 

 

IN WITNESS WHEREOF, Maker and the Payee have executed this instrument as of May 24, 2013.

 

	 	Gilman Ciocia, Inc.	 
	 	 	 
	 	 	 
	 By:	/s/ Ted Finkelstein	 
	 	Ted Finkelstein, Vice President	 
	 	 	 
	 	 	 
	 Christopher R. Hecker Irrevocable Trust	 
	 	 	 
	 	 	 
	 By:	/s/ James Ciocia	 
	 	James Ciocia, Trustee	 

 

 

 

3Exhibit 10.1 

ROCKWELL COLLINS, INC. 

 

$900,000,000 

 

BRIDGE CREDIT AGREEMENT 

 

dated as of September 24, 2013,

 

CITIBANK, N.A.,
Administrative Agent

 

JPMORGAN CHASE BANK,
N.A.,
Syndication Agent 

 

BANK OF AMERICA, N.A.
WELLS FARGO
BANK, N.A.,
Co-Documentation Agents 

 

The Lenders Listed Herein 

 

CITIGROUP GLOBAL MARKETS INC.,
Sole
Lead Arranger and Sole Bookrunner 

TABLE OF
CONTENTS 

		      	Page
	ARTICLE 1
	Definitions
	 
	Section 1.01.	        	Definitions		1
	Section 1.02.		Accounting Terms and
      Determinations		13
	Section 1.03.		Types of Borrowings		13
	Section 1.04.		Terms Generally		13
	 
	ARTICLE 2
	The
      Credits
	 
	Section 2.01.		Commitments		14
	Section 2.02.		Notice of Borrowing		14
	Section 2.03.		[Reserved]		14
	Section 2.04.	 	Notice to Lenders; Funding of
      Loans		14
	Section 2.05.		Evidence of Debt		15
	Section 2.06.		Maturity of Loans		15
	Section 2.07.		Interest Rates		15
	Section 2.08.		Method of Electing Interest
      Rates		16
	Section 2.09.		Fees		16
	Section 2.10.		Optional Termination or Reduction
      of Commitments		17
	Section 2.11.		Mandatory Termination or Reduction of
    Commitments	 	17
	Section 2.12.		Prepayments		17
	Section 2.13.		General Provisions as to Payments		18
	Section 2.14.		Funding Losses		19
	Section 2.15.		Computation of Interest and Fees		19
	Section 2.16.		Regulation D
    Compensation		19
	 
	ARTICLE 3
	Conditions
	 
	Section 3.01.		Conditions Precedent to Effective Date		19
	Section 3.02.		Conditions Precedent to Closing
      Date		20
	 
	ARTICLE 4
	Representations and Warranties
	 
	Section 4.01.		Corporate Existence and Power		21
	Section 4.02.		Corporate and Governmental Authorization; No
      Contravention		21
	Section 4.03.		Binding Effect		21
	Section 4.04.		Financial Information		21
	Section 4.05.		Litigation		22

i 

	Section 4.06.	        	Environmental Matters	      	22
	Section 4.07.		Investment Company
Act		22
	Section 4.08.		Compliance with Certain Laws		22
	  
	ARTICLE 5
	Covenants
	  
	Section 5.01.		Information		23
	Section 5.02		Maintenance of
    Existence		23
	Section 5.03		Compliance with Laws		23
	Section 5.04		Use of Proceeds	 	24
	Section 5.05.		Debt to Capitalization		24
	Section 5.06.	 	Mergers, Consolidations and Sales
      of Assets		24
	Section 5.07.		Limitations on Liens		25
	Section 5.08.		Limitations on Sale and
      Lease-Back		27
	Section 5.09.		Limitations on Change in Subsidiary Status		27
	  
	ARTICLE 6
	Defaults
	 
	Section 6.01.		Events of Default		28
	Section 6.02.		Notice of Default		29
	 
	ARTICLE 7
	The
      Agent
	  
	Section 7.01.		Appointment and Authorization		29
	Section 7.02.		Agent and Affiliates		29
	Section 7.03.		Action by Agent		30
	Section 7.04.		Consultation with
    Experts		30
	Section 7.05.		Liability of Agent		30
	Section 7.06.		Indemnification		30
	Section 7.07.		Non-Reliance on Agent and Other Lenders		31
	Section 7.08.		Delegation of Duties		31
	Section 7.09.		Successor Agent		31
	Section 7.10.		Agent’s Fee		31
	   
	ARTICLE 8
	Change
      in Circumstances
	 
	Section 8.01.		Basis for Determining Interest Rate Inadequate or
      Unfair		32
	Section 8.02.		Illegality		32
	Section 8.03.		Increased Cost and Reduced Return		32
	Section 8.04.		Taxes		33
	Section 8.05.		Base Rate Loans Substituted for Affected Euro-Dollar
      Loans		36
	Section 8.06.		Mitigation Obligations; Replacement
      of Lenders		36

ii 

ARTICLE 9
Miscellaneous

	Section 9.01.	      	Notices	      	37
	Section 9.02.		No Waivers		38
	Section 9.03.		Expenses; Indemnification		39
	Section 9.04.		Sharing of Set-offs	 	39
	Section 9.05.		Amendments and Waivers		39
	Section 9.06.		Successors and
Assigns	 	40
	Section 9.07.		Designated Lenders		41
	Section 9.08.		Collateral		42
	Section 9.09.	 	Governing Law; Submission to Jurisdiction		42
	Section 9.10.		Counterparts;
    Integration		43
	Section 9.11.		Waiver of Jury Trial		43
	Section 9.12.		Confidentiality		43
	Section 9.13.		USA Patriot Act		44
	Section 9.14.		No Fiduciary
    Relationship		44
	  
	Schedule 1.01		Commitment
    Schedule		
	Schedule 2.01		Pricing Schedule		
	 
	Exhibit A		Form of Note		
	Exhibit B		Form of Assignment and
      Assumption Agreement		
	Exhibit C		Form of Designation
      Agreement		

iii 

BRIDGE CREDIT AGREEMENT 

     BRIDGE CREDIT
AGREEMENT dated as of September 24, 2013 (as amended, restated, amended and
restated, supplemented or otherwise modified from time to time, this
“Agreement”) among ROCKWELL COLLINS, INC., the LENDERS listed on the signature
pages hereof and CITIBANK, N.A., as Agent. 

    
The parties hereto agree as follows: 

ARTICLE 1

Definitions

    
Section 1.01. Definitions. The following terms, as
used herein, have the following meanings: 

    
“364-Day Facility” means the revolving credit facility under the 364-day Credit
Agreement dated as of the date of this Agreement, among the Company, the lenders
party thereto and JPMorgan Chase Bank, N.A. as administrative agent. 

    
“Acquired Entity” means Radio Holdings, Inc., a Delaware corporation.

    
“Acquired Entity Material Adverse
Effect” means a material adverse effect on
(x) the business, assets, results of operations or financial condition of the
Acquired Entity and its Subsidiaries, taken as a whole; provided, however, that in no event
would any of the following (or the effect of any of the following), alone or in
combination, be deemed to constitute, or be taken into account in determining
whether there has been or will be, an Acquired Entity Material Adverse Effect on
or in respect of the Acquired Entity under clause (x) of this definition: (a)
any change in law, regulatory policies, accounting standards or principles
(including GAAP) or any guidance relating thereto or interpretation thereof, (b)
any change in interest rates or economic, political, business or financial
market conditions generally (including any changes in credit, financial,
commodities, securities or banking markets), (c) any change generally affecting
any of the industries in which the Acquired Entity or its Subsidiaries operates
or the economy as a whole, (d) the announcement or the execution of the
Acquisition Agreement, the pendency or consummation of the Acquisition or the
performance of the Acquisition Agreement, including (to the extent related
thereto) losses or threatened losses of employees, customers, vendors,
distributors or others having relationships with the Acquired Entity or its
Subsidiaries, (e) the compliance with the terms of the Acquisition Agreement
(excluding the first sentence of Section 6.1 thereto) or any action taken or not
taken at the express written request of the Company or the Merger Sub, (f) any
natural disaster, (g) any acts of terrorism, sabotage, war, the outbreak or
escalation of hostilities, weather conditions or change in geopolitical
conditions or other similar force majeure events and (h) any failure of the
Acquired Entity or its Subsidiaries to meet any projections or forecasts;
provided
that this clause (h) shall not prevent a determination that any change or effect
underlying such failure to meet projections or forecasts has resulted in an
Acquired Entity Material Adverse Effect (to the extent such change or effect is
not otherwise excluded from this definition of Acquired Entity Material Adverse
Effect); except, in the case of clauses (a), (b), (c), (f) and (g) above, to the
extent that any such change, event or effect has a disproportionate and adverse
effect on the business of the Acquired Entity and its Subsidiaries relative to
other businesses in the industries in which the Acquired Entity and its
Subsidiaries operate; provided that in determining whether an Acquired Entity Material
Adverse Effect has occurred or would reasonably be likely to occur, there shall
be taken into account any right to insurance or indemnification available to the
Acquired Entity or any of its Subsidiaries (provided that (1) to be taken into
account, there shall be reasonable assurance that such insurance or
indemnification shall be paid to the Acquired Entity or any of its Subsidiaries
and (2) there shall also be taken into account any costs and expenses to be
incurred in connection with the recovery or enforcement of such indemnification
and/or insurance proceeds) or (y) the ability of the Acquired Entity to enter
into the Acquisition Agreement, to perform its obligations under, or to
consummate the transactions contemplated by, the Acquisition Agreement.

    
“Acquisition” means the acquisition by the Company of the Acquired Entity, made
pursuant to the Acquisition Agreement. 

    
“Acquisition Agreement” means the Agreement and Plan of Merger dated as of the
Acquisition Agreement Date, by and among the Company, Merger Sub, the Acquired
Entity and TC Group IV Managing GP, L.L.C, a Delaware limited liability company.

    
“Acquisition Agreement
Date” means August 10, 2013. 

    
“Activities” has the meaning set forth in Section 7.03. 

    
“Administrative
Questionnaire” means, with respect to each
Lender, an administrative questionnaire in the form prepared by the Agent and
submitted to the Agent (with a copy to the Company) duly completed by such
Lender. 

    
“Agent” means Citibank, N.A., in its capacity as administrative agent for the
Lenders hereunder, and its successors in such capacity. 

    
“Agent and Lender
Parties” has the meaning set forth in Section
9.14. 

    
“Agent Resignation
Event” means (a) the occurrence and
continuance of an Event of Default or (b) the Company ceasing to maintain an
investment grade rating from each of Standard & Poor’s Financial Services
LLC, a subsidiary of The McGraw-Hill Companies, Inc. and Moody’s Investors
Service, Inc. (or, in either case, any successor thereto). 

    
“Agent’s Group” has the meaning set forth in Section 7.02(b). 

    
“Agreement” has the meaning set forth in the preamble. 

    
“Applicable Lending
Office” means, with respect to any Lender,
(a) in the case of its Base Rate Loans, its Domestic Lending Office and (b) in
the case of its Euro-Dollar Loans, its Euro-Dollar Lending Office. 

    
“Approved Electronic
Communications” has the meaning set forth in
Section 9.01(b). 

    
“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. 

    
“Arranger” means Citigroup Global Markets Inc., in its capacity as sole lead
arranger and sole bookrunner. 

    
“Asset Sale” means any sale, transfer or other disposition of assets out of the
ordinary course of business (including pursuant to a sale and leaseback
transaction or by way of any merger or consolidation) of any asset of the
Company or any of its Subsidiaries, including (a) any issuance or sale of Equity
Interests in any Subsidiary to a Person other than the Company or any of its
Subsidiaries and (b) any casualty or other insured damage to, or any taking
under power of eminent domain or by condemnation or similar proceeding of, any
assets of the Company or any of its Subsidiaries, other than Excluded Asset
Sales.

2 

    
“Assignee” has the meaning set forth in Section 9.06(c). 

    
“Bankruptcy Event” means, with respect to any Person, such Person becomes the
subject of a bankruptcy or insolvency proceeding, or has had a receiver,
conservator, trustee, administrator, custodian, assignee for the benefit of
creditors or similar Person charged with the reorganization or liquidation of
its business appointed for it, or, in the good faith determination of the Agent,
has taken any action in furtherance of, or indicating its consent to, approval
of, or acquiescence in, any such proceeding or appointment; provided that a Bankruptcy
Event shall not result solely by virtue of any ownership interest, or the
acquisition of any ownership interest, in such Person by a Governmental
Authority or instrumentality thereof; provided further that such ownership interest
does not result in or provide such Person with immunity from the jurisdiction of
courts within the United States or from the enforcement of judgments or writs of
attachment on its assets or permit such Person (or such Governmental Authority
or instrumentality) to reject, repudiate, disavow or disaffirm any contracts or
agreements made by such Person. 

    
“Base Rate” means, for any day, a rate per annum equal to the highest of (a) the
Prime Rate for such day, (b) the sum of 1/2 of 1% plus the Federal Funds Rate
for such day and (c) the sum of 1% plus the rate of deposits in Dollars with a
one-month maturity appearing on the Screen at approximately 11:00 a.m., (London
time), on such day (or if such day is not a Euro-Dollar Business Day, on the
immediately preceding Euro-Dollar Business Day). 

    
“Base Rate Loan” means a Loan that bears interest at the Base Rate pursuant
to the Notice of Borrowing or the applicable Notice of Interest Rate Election or
Article 8. 

    
“Base Rate Margin” means a rate per annum determined in accordance with the
Pricing Schedule. 

    
“Borrowing” has the meaning set forth in Section 1.03. 

    
“Change in Law” means (a) the adoption of any law, rule or regulation after
the date of this Agreement, (b) any change in any law, rule or regulation or in
the interpretation or application thereof by any Governmental Authority, in each
case after the date of this Agreement or (c) compliance by any Lender with any
request, guideline or directive (whether or not having the force of law) of any
Governmental Authority made or issued after the date of this Agreement;
provided,
however,
that notwithstanding anything herein to the contrary, (i) the Dodd-Frank Wall
Street Reform and Consumer Protection Act and all requests, rules, guidelines or
directives thereunder or issued in connection therewith and (ii) all requests,
rules, guidelines or directives promulgated by the Lender for International
Settlements, the Basel Committee on Banking Supervision (or any successor or
similar authority) or the United States or foreign regulatory authorities, in
each case pursuant to Basel III, shall in each case be deemed to be after the
date of this Agreement, regardless of the date enacted, adopted or issued.

    
“Closing Date” means the date on which the conditions precedent specified
in Section 3.02 are satisfied or waived in accordance with Section 9.05;
provided
that the Closing Date shall occur on or prior to the Commitment Termination
Date. 

    
“Commission” means the Securities and Exchange Commission, or any successor to its
duties under the Securities Exchange Act of 1934. 

3 

     “Commitment” means (a) with respect to each Lender, the amount set forth opposite
the name of such Lender on the Commitment Schedule or (b) with respect to any
Assignee, the amount of the transferor Lender’s Commitment assigned to such
Assignee pursuant to Section 9.06(c), in each case as such amount may be reduced
from time to time pursuant to Section 2.10 or Section 2.11 or changed as a
result of an assignment pursuant to Section 9.06(c). 

    
“Commitment Letter” means the commitment letter, dated August 10, 2013, between
the Company and the Arranger. 

    
“Commitment Schedule” means the Commitment Schedule attached hereto as Schedule
1.01. 

    
“Commitment Termination
Date” means the earlier to occur (a) the
Termination Date (as defined in the Acquisition Agreement as so in effect as of
the date of this Agreement); provided that if the Termination Date
shall have been extended to a later date as provided in Section 10.01(b)(ii) of
the Acquisition Agreement (as so in effect as of the date of this Agreement),
such later date (but in any event not later than May 10, 2014) and (b) the date
on which (i) the Acquisition Agreement is terminated or expires or (ii) a public
announcement is made by the Company on its intention not to proceed with the
Acquisition. 

    
“Communications” means each notice, demand, communication, information,
document and other material provided for hereunder or under any other Loan
Document or otherwise transmitted between the parties hereto relating this
Agreement, the other Loan Documents, the Company or its affiliates, or the
transactions contemplated by this Agreement or the other Loan Documents
including, without limitation, all Approved Electronic Communications.

    
“Company” means Rockwell Collins, Inc., a Delaware corporation and its
successors. 

    
“Confidential Information
Memorandum” means the confidential
information memorandum of the Company dated August 26, 2013. 

    
“Consolidated Debt” means, at any date, the Debt of the Company and its
Restricted Subsidiaries, as consolidated and determined as of such date in
accordance with GAAP. 

    
“Consolidated Funded
Debt” means, at any date, the Funded Debt of
the Company and its Restricted Subsidiaries, as consolidated and determined as
of such date in accordance with GAAP. 

    
“Consolidated
Subsidiary” means, as to any Person, at any
date any Subsidiary or other entity the accounts of which would be consolidated
with those of such Person in its consolidated financial statements if such
statements were prepared as of such date. 

    
“Debt” of any Person means, at any date, without duplication, (a) all
obligations of such Person for borrowed money, (b) all obligations of such
Person evidenced by bonds, debentures, notes or other similar instruments, (c)
all obligations of such Person to pay the deferred purchase price of property or
services, except trade accounts payable arising in the ordinary course of
business, (d) all obligations of such Person as lessee which are capitalized in
accordance with GAAP, (e) all non-contingent obligations of such Person to
reimburse any bank or other Person in respect of amounts paid under a letter of
credit or similar instrument, (f) all Debt secured by a Lien on any asset of
such Person, whether or not such Debt is otherwise an obligation of such Person
and (g) all Guarantees by such Person of Debt of another Person (each such
Guarantee to constitute Debt in an amount equal to the amount of such other
Person’s Debt Guaranteed thereby).

4 

     “Debt Incurrence” means (a) any Senior Notes Issuance and (b) any other
issuance or incurrence of Debt referred to in clauses (a) or (b) of the
definition thereof by the Company or any of its Subsidiaries, other than the
Excluded Debt. 

    
“Default” means any condition or event which constitutes an Event of Default or
which with the giving of notice or lapse of time or both would, unless cured or
waived, become an Event of Default. 

    
“Designated Lender” means, with respect to any Designating Lender, an Eligible
Designee designated by it pursuant to Section 9.07(a) as a Designated Lender for
purposes of this Agreement. 

    
“Designating Lender” means, with respect to each Designated Lender, the Lender
that designated such Designated Lender pursuant to Section 9.07(a). 

    
“Designated Lender
Register” has the meaning set forth in
Section 9.07(c). 

    
“Designation Agreement” has the meaning set forth in Section 9.07(a). 

    
“Domestic Business Day” means any day except a Saturday, Sunday or other day on
which commercial banks in New York City are authorized by law to close.

    
“Domestic Lending
Office” means, as to each Lender, its office
located at its address set forth in its Administrative Questionnaire (or
identified in its Administrative Questionnaire as its Domestic Lending Office)
or such other office as such Lender may hereafter designate as its Domestic
Lending Office by notice to the Company and the Agent. 

    
“Effective Date” means the date this Agreement becomes effective in
accordance with Section 3.01. 

    
“Eligible Designee” means a special purpose corporation that (a) is organized
under the laws of the United States or any state thereof, (b) is engaged in
making, purchasing or otherwise investing in commercial loans in the ordinary
course of its business and (c) issues (or the parent of which issues) commercial
paper rated at least A-1 or the equivalent thereof by S&P or at least P-1 or
the equivalent thereof by Moody’s. 

    
“Environmental Laws” means any and all federal, state, local and foreign
statutes, laws, judicial decisions, regulations, ordinances, rules, judgments,
orders, decrees, plans, injunctions, permits, concessions, grants, franchises,
licenses, agreements and other governmental restrictions relating to the
environment or the effect of the environment on human health or to emissions,
discharges or releases of pollutants, contaminants, Hazardous Substances or
wastes into the environment, including (without limitation) ambient air, surface
water, ground water or land, or otherwise relating to the manufacture,
processing, distribution, use, treatment, storage, disposal, transport or
handling of pollutants, contaminants, Hazardous Substances or wastes or the
clean-up or other remediation thereof. 

    
“Equity Interests” means shares of capital stock, partnership interests,
membership interests, beneficial interests or other ownership interests, whether
voting or nonvoting, in, or interests in the income or profits of, a Person, and
any warrants, options or other rights entitling the holder thereof to purchase
or acquire any of the foregoing. 

    
“Equity Issuance” means any issuance of Equity Interests by the Company,
whether pursuant to a public offering or in a Rule 144A or other private
placement, other than issuances pursuant to employee and/or director stock plans
or employee and/or director compensation plans. 

5 

     “ERISA” means the Employee Retirement Income Security Act of 1974, as amended,
or any successor statute. 

    
“Euro-Dollar Business
Day” means any Domestic Business Day on which
commercial banks are open for international business (including dealings in
dollar deposits) in London. 

    
“Euro-Dollar Lending
Office” means, as to each Lender, its office,
branch or affiliate located at its address set forth in its Administrative
Questionnaire (or identified in its Administrative Questionnaire as its
Euro-Dollar Lending Office) or such other office, branch or affiliate of such
Lender as it may hereafter designate as its Euro-Dollar Lending Office by notice
to the Company and the Agent. 

    
“Euro-Dollar Loan” means a Loan that bears interest at a Euro-Dollar Rate
pursuant to the Notice of Borrowing or the applicable Notice of Interest Rate
Election. 

    
“Euro-Dollar Margin” means a rate per annum determined in accordance with the
Pricing Schedule. 

    
“Euro-Dollar Rate” means a rate of interest determined pursuant to Section
2.07(b) on the basis of the London Interbank Offered Rate. 

    
“Euro-Dollar Reserve
Percentage” means for any day that percentage
(expressed as a decimal) which is in effect on such day, as prescribed by the
Board of Governors of the Federal Reserve System (or any successor), for
determining the maximum reserve requirement for a member bank of the Federal
Reserve System in New York City with deposits exceeding $5,000,000,000 in
respect of “Eurocurrency
liabilities” (or in respect of any other
category of liabilities which includes deposits by reference to which the
interest rate on Euro-Dollar Loans is determined or any category of extensions
of credit or other assets which includes loans by a non-United States office of
any Lender to United States residents). 

    
“Events of Default” has the meaning set forth in Section 6.01. 

    
“Excluded Asset Sales” means (a) sales, transfers and other dispositions of assets
occurring from and after the Closing Date and generating aggregate Net Proceeds
of less than $250,000,000, (b) sales, transfers and other dispositions of
obsolete or worn out property, whether now owned or hereafter acquired, (c)
sales, transfers and other dispositions of assets by the Company or any
Subsidiary to any other Subsidiary or (d) sales, transfers and other
dispositions of equipment to the extent that (i) such equipment is exchanged for
credit against the purchase price of similar replacement equipment or (ii) the
proceeds of such sale, transfer or other disposition are reasonably promptly
applied to the purchase price of such replacement equipment. 

    
“Excluded Debt” means (a) any intercompany Debt among the Company and/or its
Subsidiaries, (b) any Debt issued or incurred in the ordinary course of business
under working capital or overdraft facilities by the Subsidiaries of the
Company, (c) any Debt resulting from the modification, refinancing, refunding,
renewal, replacement or extension of any Debt outstanding on the Closing Date;
provided
that the principal amount thereof does not exceed the principal amount of the
Debt so modified, refinanced, refunded, renewed, replaced or extended, except by
an amount equal to any premium or other reasonable amount paid, and fees and
expenses reasonably incurred, in connection with such modification, refinancing,
refunding, renewal, replacement or extension, (d) Debt under the Five-Year
Facility in an aggregate principal amount not to exceed $1,000,000,000, (e) Debt
under the 364-Day Facility in an aggregate principal amount not to exceed
$200,000,000, (f) any Debt consisting of commercial paper, (g) the Loans made
hereunder or (h) other Debt not included in clauses (a) through (g) above in an
aggregate principal amount not to exceed $50,000,000 at any time
outstanding.

6 

     “Excluded Taxes” means (a) in the case of each Lender and the Agent, Taxes
imposed on or measured by its income, and franchise or similar Taxes imposed on
it, by the jurisdiction under the laws of which such Lender or the Agent (as the
case may be) is organized or in which its principal executive office is located
or any political subdivision thereof or by any State, possession or territory of
the United States in which such Lender or the Agent (as the case may be) is
doing business, (b) in the case of each Lender, Taxes imposed on or measured by
its income and franchise or similar Taxes imposed on it, by the jurisdiction of
such Lender’s Applicable Lending Office or any political subdivision thereof,
(c) branch profits Tax imposed by the United States, (d) United States
withholding Taxes to the extent imposed as a result of a Lender voluntarily
designating a successor Applicable Lending Office, which has the effect of
causing such Lender to become subject to United States withholding Tax payments
in excess of those in effect immediately prior to such designation, (e) Taxes
resulting from FATCA and (f) in the case of each Lender and the Agent, Taxes
imposed by any jurisdiction or any political subdivision thereof as a result of
a connection between the Lender or the Agent and such jurisdiction or political
subdivision (other than a connection resulting solely from executing, delivering
or performing its obligations or receiving a payment under, or enforcing, this
Agreement).

    
“FATCA” means (a) Sections 1471 through 1474 of the Internal Revenue Code, as
of the date of this Agreement (or any amended or successor version of the
Internal Revenue Code), any current or future regulations or official
interpretations thereof and any agreements entered into pursuant to the
foregoing and (b) any similar law adopted by any non-U.S. Governmental Authority
pursuant to an intergovernmental agreement between such non-U.S. jurisdiction
and the United States. 

    
“Federal Funds Rate” means, for any day, the rate per annum (rounded upward, if
necessary, to the nearest 1/100th of 1%) 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 Domestic Business Day next
succeeding such day; provided that (a) if such day is not a Domestic Business Day, the
Federal Funds Rate for such day shall be such rate on such transactions on the
next preceding Domestic Business Day as so published on the next succeeding
Domestic Business Day and (b) if no such rate is so published on such next
succeeding Domestic Business Day, the Federal Funds Rate for such day shall be
the average rate quoted to Citibank, N.A. on such day on such transactions as
determined by the Agent. 

    
“Fee Letter” means the fee letter dated August 10, 2013, between the Company and the
Arranger. 

    
“Five-Year Facility” means the revolving credit facility under the Five-Year
Credit Agreement, dated as of the date of this Agreement, among the Company, the
lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent.

    
“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.

    
“Funded Debt” of any Person means, at any date of computation, all indebtedness for
borrowed money of such Person which by its terms matures more than 12 months
after such date or which is extendible or renewable at the option of such Person
to a time more than 12 months after such date; provided, however, that (a) Funded Debt shall
include all obligations in respect of lease rentals which under GAAP appear on a
balance sheet of such Person as a liability item other than a current liability,
(b) in the case of the Company, Funded Debt shall not include Subordinated Debt
and (c) outstanding preferred stock of a Restricted Subsidiary that is not owned
by the Company or a Wholly-Owned Restricted Subsidiary shall be deemed to
constitute a principal amount of Funded Debt equal to the par value or
involuntary liquidation value, whichever amount is higher, of such preferred
stock.

7 

    
“GAAP” means generally accepted accounting principles as in effect from time
to time, applied on a basis consistent (except for changes concurred in by the
Company’s independent public accountants) with the most recent audited
consolidated financial statements of the Company and its Consolidated
Subsidiaries delivered to the Lenders; provided that Total Capitalization
shall be determined without giving effect to implementation of Financial
Accounting Standards Board Statement No. 158 (or its equivalent in the
Accounting Standards Codification or any subsequent codification thereof).

    
“Governmental Authority” means the government of the United States of America, any
other nation or 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. 

    
“Group of Loans” means, at any time, a group of Loans consisting of (a) all
Loans which are Base Rate Loans at such time or (b) all Euro-Dollar Loans having
the same Interest Period at such time; provided that, if a Loan of any
particular Lender is converted to or made as a Base Rate Loan pursuant to
Article 8, such Loan shall be included in the same Group or Groups of Loans from
time to time as it would have been in if it had not been so converted or made.

    
“Guarantee” by any Person means any obligation, contingent or otherwise, of such
Person directly or indirectly guaranteeing any Debt of any other Person;
provided
that the term “Guarantee” shall not include endorsements for collection or deposit in
the ordinary course of business. The term “Guarantee” used as a verb has a
corresponding meaning. 

    
“Hazardous Substances” means any toxic, radioactive, caustic or otherwise hazardous
substance, including petroleum, its derivatives and by-products and other
hydrocarbons, or any substance having any constituent elements displaying any of
the foregoing characteristics. 

    
“Indemnified Taxes” means Taxes, other than Excluded Taxes, imposed on or with
respect to any payment made by or on account of any obligation of the Company
under any Loan Document. 

    
“Indemnitee” has the meaning set forth in Section 9.03(b). 

    
“Information” has the meaning set forth in Section 9.12. 

    
“Interest Period” means, with respect to each Euro-Dollar Loan, the period
commencing on the date of borrowing specified in the Notice of Borrowing or on
the date specified in an applicable Notice of Interest Rate Election and ending
one, three or six months thereafter, as the Company may elect in such notice;
provided
that: 

    
(a) any Interest Period which would otherwise end on a day which is not a
Euro-Dollar Business Day shall be extended to the next succeeding Euro-Dollar
Business Day unless such Euro-Dollar Business Day falls in another calendar
month, in which case such Interest Period shall end on the next preceding
Euro-Dollar Business Day; and 

    
(b) any Interest Period which begins on the last Euro-Dollar 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 Euro-Dollar Business Day of a calendar month; provided
further that no Interest Period applicable to any
Loan may end after the Maturity Date. 

8 

    
“Internal Revenue Code” means the Internal Revenue Code of 1986, as amended, or any
successor statute. 

    
“Lender” means each bank or other institution listed on the signature pages
hereof or each Assignee which becomes a Lender pursuant to Section 9.06(c) and
their respective successors. 

    
“Lender Appointment
Period” has the meaning set forth in Section
7.09. 

    
“Lien” means, with respect to any asset, any mortgage, lien, pledge, charge,
security interest or encumbrance of any kind, or any other type of preferential
arrangement that has substantially the same practical effect as a security
interest, in respect of such asset. For purposes hereof, the Company or any
Subsidiary shall be deemed to own subject to a Lien any asset which it has
acquired or holds subject to the interest of a vendor or lessor under any
conditional sale agreement, capital lease or other title retention agreement
relating to such asset. 

    
“Loan” means a loan made by a Lender and “Loans” means Loans made by the
Lenders, in each case pursuant to Section 2.01; provided that, if any such loan or
loans (or portions thereof) are combined or subdivided pursuant to a Notice of
Interest Rate Election, the term “Loan” shall refer to the combined principal
amount resulting from such combination or to each of the separate principal
amounts resulting from such subdivision, as the case may be. 

    
“Loan Documents” means this Agreement and any Notes issued to any Lender
hereunder. 

    
“London Interbank Offered
Rate” means, with respect to any Interest
Period, the rate per annum appearing on the Screen at approximately 11:00 a.m.
(London time) two Euro-Dollar Business Days before the first day of such
Interest Period as the rate per annum for deposits in dollars with a maturity
comparable to such Interest Period. If no rate appears on the Screen for the
necessary period, then it shall be deemed that reasonable means do not exist for
ascertaining the “London Interbank Offered Rate”. 

    
“Mandatory Commitment Reduction
Event” means (a) any Equity Issuance or (b)
any Debt Incurrence. 

    
“Mandatory Prepayment
Event” means (a) any Equity Issuance, (b) any
Debt Incurrence or (c) any Asset Sale. 

    
“Material Debt” means a Single Issue (other than the Notes) of the Company
and/or one or more of its Subsidiaries in a principal amount exceeding
$50,000,000. 

    
“Maturity Date” means the day that is 364 days after the Closing Date.

    
“Merger Consideration” has the meaning set forth in the Acquisition Agreement in
effect on the Acquisition Agreement Date. 

    
“Merger Sub” means Avatar Merger Sub, Inc., a Delaware corporation and a wholly
owned subsidiary of the Company. 

    
“Net Proceeds” means, (a) with respect to any Asset Sale, (i) the cash
(which term, for purposes of this definition, shall include cash equivalents)
proceeds (including, in the case of any casualty, condemnation or similar
proceeding, insurance, condemnation or similar proceeds) received in respect of
such Asset Sale, including any cash received in respect of any noncash proceeds,
but only as and when received, net of (ii) the sum, without duplication, of (A)
all fees and out-of-pocket expenses paid by the Company and its Subsidiaries to
third parties, (B) the amount of all payments required to be made by the Company
and its Subsidiaries to repay Debt secured by such asset and other customary
fees and expenses paid in connection therewith, (C) the amount of all taxes paid
(or reasonably estimated to be payable) by the Company and its Subsidiaries and
(D) the amount of any reserves established by the Company and its Subsidiaries
in accordance with GAAP to fund purchase price adjustment, indemnification and
similar contingent liabilities reasonably estimated to be payable, in the case
of each of clauses (A) – (D) that are directly attributable to the occurrence of
such Asset Sale (as determined reasonably and in good faith by the Company) and
(b) with respect to any Debt Incurrence or Equity Issuance, the cash proceeds
received from such incurrence or issuance, net of underwriting discounts and
commissions and other customary fees and out-of-pocket expenses paid by the
Company and its Subsidiaries in connection therewith. For purposes of this
definition, in the event any reserve described in clause (a)(ii)(D) above shall
be reduced, the amount of such reduction shall, except to the extent such
reduction is made as a result of a payment having been made in respect of the
liabilities with respect to which such reserve has been established, be deemed
to be receipt, on the date of such reduction, of cash proceeds in respect of
such event. 

9 

    
“Notes” means promissory notes of the Company, substantially in the form of
Exhibit A hereto, evidencing the obligation of the Company to repay the Loans,
and “Note”
means any one of such promissory notes issued hereunder. 

    
“Notice of Borrowing” has the meaning set forth in Section 2.02. 

    
“Notice of Interest Rate
Election” has the meaning set forth in
Section 2.09. 

    
“OFAC” has the meaning set forth in Section 4.08. 

    
“Other Taxes” has the meaning set forth in Section 8.04(b). 

    
“Parent” means, with respect to any Lender , any Person controlling such Lender.

    
“Participant” has the meaning set forth in Section 9.06(b).

    
“Participant Register” has the meaning set forth in Section 9.06(b). 

    
“Patriot Act” means the USA Patriot Act, Title III of Pub. L. 107-56, signed into law
on October 26, 2001. 

    
“Person” means an individual, a vessel, a corporation, a partnership, an
association, a trust or any other entity or organization, including a government
or political subdivision or an agency or instrumentality thereof. 

    
“Platform” has the meaning set forth in Section 9.01(b). 

    
“Pricing Schedule” means the Pricing Schedule attached hereto as Schedule 2.01.

    
“Prime Rate” means the rate of interest publicly announced by Citibank, N.A. from
time to time as its prime rate in effect at its principal office in New York
City. 

10 

     “Principal Property” means any real property (including buildings and other
improvements) of the Company or any Restricted Subsidiary whether currently
owned or hereafter acquired (other than any property hereafter acquired for the
control or abatement of atmospheric pollutants or contaminants or water, noise,
odor or other pollution, or for purposes of developing a cogeneration facility
or a small power production facility as such terms are defined in the Public
Utility Regulatory Policies Act of 1978, as amended) which (a) has, at any date
of determination, a book value in excess of 5% of Shareowners’ Equity and (b) in
the opinion of the board of directors of the Company (or any duly authorized
committee thereof) is of material importance to the total business conducted by
the Company and its Restricted Subsidiaries as a whole. 

    
“Quarterly Payment
Dates” means each March 31, June 30,
September 30 and December 31. 

    
“Register” has the meaning set forth in Section 9.06(c). 

    
“Regulation T, U or X” means Regulation T, U or X of the Board of Governors of the
Federal Reserve System, as in effect from time to time. 

    
“Required Lenders” means at any time (a) prior to the Closing Date, Lenders
having more than 50% of the aggregate amount of the Commitments and (b)
following the Closing Date, Lenders holding more than 50% of the aggregate
unpaid principal amount of the Loans. 

    
“Restricted Subsidiary” means any Subsidiary of the Company other than an
Unrestricted Subsidiary. 

    
“Sale and Lease-Back
Transaction” has the meaning set forth in
Section 5.08. 

    
“Screen” means the interest rates quoted by the British Bankers’ Association (or
the successor thereto) for deposits in Dollars appearing on the Reuters Screen
LIBOR01 Page; provided that the Agent may nominate an alternative source of screen
rates if such page is replaced by another which displays rates for inter-bank
deposits offered by leading banks in London. 

    
“Secured Debt” means indebtedness for borrowed money of the Company or a
Restricted Subsidiary (other than indebtedness owed by a Restricted Subsidiary
to the Company, by a Restricted Subsidiary to another Restricted Subsidiary or
by the Company to a Restricted Subsidiary), which is secured by (a) a mortgage
or other lien on any Principal Property of the Company or a Restricted
Subsidiary or (b) a pledge, lien or other security interest on any shares of
stock or indebtedness of a Restricted Subsidiary. The amount of Secured Debt at
any time outstanding shall be the amount then owing thereon by the Company or a
Restricted Subsidiary. 

    
“Senior Notes Issuance” means the issuance by the Company of one or more series of
senior notes pursuant to one or more registered public offerings or Rule 144A or
other private placements, the proceeds of which are applied to pay the Merger
Consideration and fees and expenses incurred in connection with the Transactions
or to refinance the Loans made hereunder. 

    
“Shareowners’ Equity” means, at any date of computation, the aggregate of capital
stock, capital surplus and earned surplus, after deducting the cost of shares of
capital stock of the Company held in its treasury, of the Company and its
Restricted Subsidiaries, as consolidated and determined in accordance with GAAP;
provided
that any determination of Shareowners’ Equity for purposes of Article 5 shall be
made without giving effect to the implementation of Financial Accounting
Standards Board Statement No. 158 (or its equivalent in the Accounting Standards
Codification or any subsequent codification thereof). 

11 

     “Single Issue” means indebtedness for borrowed money arising in a single
transaction or a series of related transactions. Indebtedness issued in discrete
offerings but governed by a single shelf indenture shall not be aggregated as a
Single Issue, but indebtedness owing to multiple lenders under parallel
agreements comprising a single private placement and indebtedness arising from
multiple takedowns under a single or a series of related commitments from one or
more lenders shall be so aggregated. 

    
“Solvent” means, as of any date of determination, (a) the fair value of the
assets of the Company and its Subsidiaries on a consolidated basis, at a fair
valuation, exceeds the debts and liabilities of the Company and its Subsidiaries
on a consolidated basis, (b) the present fair saleable value of the property of
the Company and its Subsidiaries on a consolidated basis is greater than the
amount that will be required to pay the probable liability of the Company and
its Subsidiaries on a consolidated basis on their debts and other liabilities,
direct, subordinated, contingent or otherwise, as such debts and other
liabilities become absolute and matured, (c) the Company and its Subsidiaries on
a consolidated basis are able to pay their debts and liabilities, direct,
subordinated, contingent or otherwise, as such debts and liabilities become
absolute and matured and (d) the Company and its Subsidiaries on a consolidated
basis do not have unreasonably small capital with which to conduct the
businesses in which they are engaged as such businesses are now conducted and
are proposed to be conducted following the Closing Date, in each case, on such
date. The amount of contingent liabilities at any time shall be computed as the
amount that, in the light of all the facts and circumstances existing at such
time, represents the amount that can reasonably be expected to become an actual
or matured liability. 

    
“Subordinated Debt” means any unsecured Debt of the Company which: (a) has a
final maturity subsequent to the Maturity Date; (b) does not provide for
mandatory payment or retirement prior to said date, whether by means of serial
maturities or sinking fund or other analogous provisions or plan, fixed or
contingent, requiring, or which on the happening of a contingency may require,
the payment or retirement of such Debt in amounts which as of any particular
time would aggregate more than such portion of the original principal amount
thereof as is obtained by multiplying such original principal amount by a
fraction the numerator of which shall be the number of months elapsed from the
date of creation of such Debt to such time and the denominator of which shall be
the number of months from the date of creation thereof to the final maturity
thereof; and (c) is expressly made subordinate and junior in right of payment to
the Loans and such other Debt of the Company (except other Subordinated Debt) as
may be specified in the instruments evidencing the Subordinated Debt or the
indenture or other similar instrument under which it is issued (which indenture
or other instrument shall be binding on all holders of such Subordinated Debt).

    
“Subsidiary” means, as to any Person, any corporation or other entity of which
securities or other ownership interests having ordinary voting power to elect a
majority of the board of directors or other persons performing similar functions
are at the time directly or indirectly owned by such Person; unless otherwise
specified, “Subsidiary” means a Subsidiary of the Company. 

    
“Taxes” has the meaning set forth in Section 8.04(a). 

    
“Ticking Fee” has the meaning set forth in Section 2.09(a). 

    
“Total Capitalization” means, at any date, the sum (without duplication) of (a)
Consolidated Debt as of such date and (b) all preferred stock of the Company and
its Restricted Subsidiaries and Shareowners’ Equity as of the date of the
Company’s most recent financial statements referred to in Section 4.04 or
delivered pursuant to Section 5.01. 

    
“Transactions” means, collectively, (a) the execution, delivery and
performance by the Company and Merger Sub of the Acquisition Agreement and the
consummation by the Company and Merger Sub of the transactions contemplated
thereby, (b) the other financing transactions related to the Acquisition, (c)
the execution, delivery and performance by the Company of this Agreement and the
making of the Borrowing hereunder and (d) the payment of fees and expenses
incurred in connection with the foregoing. 

12 

    
“United States” means the United States of America, including the States and
the District of Columbia, but excluding its territories and possessions.

    
“Unrestricted
Subsidiary” means (a) any Subsidiary which,
in accordance with the provisions of this Agreement, has been designated by the
Company as an Unrestricted Subsidiary after the Effective Date, unless and until
such Subsidiary shall, in accordance with the provisions of this Agreement, be
designated by the Company as a Restricted Subsidiary and (b) any corporation of
which any one or more Unrestricted Subsidiaries directly or indirectly own
outstanding shares of capital stock having voting power sufficient to elect,
under ordinary circumstances (not dependent upon the happening of a
contingency), a majority of the directors. 

    
“Wholly-Owned Restricted
Subsidiary” means a Restricted Subsidiary all
of the outstanding capital stock of which, other than directors’ qualifying
shares, and all of the Funded Debt of which, shall at the time be owned by the
Company or by one or more Wholly-Owned Restricted Subsidiaries, or by the
Company in conjunction with one or more Wholly-Owned Restricted Subsidiaries.

    
“Withholding Agent” has the meaning set forth in Section 8.04(a). 

    
Section 1.02. Accounting Terms and
Determinations. Unless otherwise specified
herein, all accounting terms used herein shall be interpreted, all accounting
determinations hereunder shall be made, and all financial statements required to
be delivered hereunder shall be prepared in accordance with GAAP. 

    
Section 1.03. Types of Borrowings. The term
“Borrowing”
denotes the aggregation of Loans of one or more Lenders to be made to the
Company pursuant to Article 2, all of which Loans are of the same type (subject
to Article 8) and, except in the case of Base Rate Loans, have the same initial
Interest Period. Borrowings are classified for purposes of this Agreement by
reference to the pricing of Loans comprising such Borrowing (e.g., a “Euro-Dollar Borrowing” is a
Borrowing comprised of Euro-Dollar Loans). 

    
Section 1.04. Terms Generally. 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 Loan Document, agreement, instrument or other
document herein 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 the other Loan Documents), (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,
shall be construed to refer to this Agreement in its entirety and not to any
particular provision hereof, (iv) all references herein to Articles, Sections,
Exhibits and Schedules shall be construed to refer to Articles and Sections of,
and Exhibits and Schedules to, this Agreement, (v) any reference to any law or
regulation herein shall 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. 

13 

ARTICLE 2

The
      Credits

     Section 2.01. Commitments. Each Lender severally
agrees, on the terms and conditions set forth in this Agreement, to make a Loan
to the Company pursuant to this Section 2.01 on the Closing Date, in an amount
such that the principal amount of such Loan by such Lender shall equal the
amount of its Commitment. Any amount borrowed under this Section 2.01 and
subsequently repaid or prepaid may not be reborrowed. 

    
Section 2.02. Notice of Borrowing. The Company shall
give the Agent notice of the Borrowing to be made on the Closing Date (the
“Notice of Borrowing”) not later than 10:30 A.M. (New York City time) on (a) in
the case of a Base Rate Borrowing, on the Closing Date and (b) in the case of a
Euro-Dollar Borrowing, three Euro-Dollar Business Days prior to the Closing
Date, specifying: 

    
(a) the
date of the Borrowing, which shall be a Domestic Business Day in the case of a
Base Rate Borrowing or a Euro-Dollar Business Day in the case of a Euro-Dollar
Borrowing, 

    
(b) the
aggregate amount of the Borrowing, 

    
(c) whether
the Loans comprising the Borrowing are to bear interest initially at the Base
Rate or a Euro-Dollar Rate, and 

    
(d) in the
case of a Euro-Dollar Borrowing, the duration of the initial Interest Period
applicable thereto, subject to the provisions of the definition of Interest
Period. 

    
Section 2.03. [Reserved] 

    
Section 2.04. Notice to Lenders; Funding of
Loans. (a) Upon receipt of the Notice of
Borrowing, the Agent shall promptly notify each Lender of the contents thereof
and of such Lender’s share of the Borrowing and such Notice of Borrowing shall
not thereafter be revocable by the Company. 

    
(b) Not
later than 12:00 Noon (New York City time) on the Closing Date, each Lender
participating therein shall make available its share of the Borrowing, in
Federal or other funds immediately available in New York City, to the Agent at
its address referred to in Section 9.01. Unless the Agent determines that any
applicable condition specified in Article 3 has not been satisfied, the Agent
will make the funds so received from the Lenders available to the Company at the
Agent’s aforesaid address. 

    
(c) Unless
the Agent shall have received notice from a Lender prior to the Closing Date
(or, in the case of a Base Rate Borrowing, prior to 12:00 Noon (New York City
time) on the Closing Date) that such Lender will not make available to the Agent
such Lender’s share of the Borrowing, the Agent may assume that such Lender has
made such share available to the Agent on the Closing Date in accordance with
subsection (b) of this Section 2.04 and the Agent may, in reliance upon such
assumption, make available to the Company on such date a corresponding amount.
If and to the extent that such Lender shall not have so made such share
available to the Agent, such Lender and the Company severally agree to repay to
the Agent forthwith on demand such corresponding amount together with interest
thereon, for each day from the date such amount is made available to the Company
until the date such amount is repaid to the Agent, at (i) in the case of the
Company, a rate per annum equal to the higher of the Federal Funds Rate and the
interest rate applicable thereto pursuant to Section 2.07 and (ii) in the case
of such Lender, the Federal Funds Rate. If such Lender shall repay to the Agent
such corresponding amount, such amount so repaid shall constitute such Lender’s
Loan included in the Borrowing for purposes of this Agreement.

14 

     Section
2.05.
Evidence of Debt. (a) Each Lender shall maintain in accordance with its usual practice an
account or accounts evidencing the indebtedness of the Company to such Lender
resulting from the Loan made by such Lender, including the amounts of principal
and interest payable and paid to such Lender from time to time hereunder.

    
(b) The
entries made in the accounts maintained pursuant to clause (a) of this Section
2.05 shall be prima facie evidence of the existence and amounts of the obligations
recorded therein; provided that the failure of any Lender to maintain such accounts or
any error therein shall not in any manner affect the obligation of the Company
to repay the Loans in accordance with the terms of this Agreement. 

    
(c) The
Company agrees that, upon the request to the Agent by any Lender, the Company
will promptly execute and deliver to such Lender a Note. 

    
Section 2.06. Maturity of Loans. The Loans shall
mature, and the principal amount thereof shall be due and payable (together with
interest accrued thereon) on the Maturity Date. 

    
Section 2.07. Interest Rates. (a) Each Base Rate Loan shall bear interest on the
outstanding principal amount thereof, for each day from the Closing Date until
it becomes due, at a rate per annum equal to the sum of the Base Rate Margin and
the Base Rate for such day. Such interest shall be payable at maturity,
quarterly in arrears on each Quarterly Payment Date and, with respect to the
principal amount of any Base Rate Loan that is prepaid or converted to a
Euro-Dollar Loan, on the date of such prepayment or conversion. Any overdue
principal of or interest on any Base Rate Loan shall bear interest, payable on
demand, for each day until paid at a rate per annum equal to the sum of 2% plus
the rate otherwise applicable to Base Rate Loans for such day. 

    
(b) Each
Euro-Dollar Loan shall bear interest on the outstanding principal amount
thereof, for each day during each Interest Period applicable thereto, at a rate
per annum equal to the sum of the Euro-Dollar Margin for such day plus the
London Interbank Offered Rate applicable to such Interest Period. Such interest
shall be payable for each Interest Period on the last day thereof and, if such
Interest Period is longer than three months, at intervals of three months after
the first day thereof. 

    
(c) Any
overdue principal of or interest on any Euro-Dollar Loan shall bear interest,
payable on demand, for each day until paid at a rate per annum equal to the sum
of 2% plus the Euro-Dollar Margin for such day plus the London Interbank Offered
Rate applicable to the Interest Period for such Loan (or, if the circumstances
described in clause (a) or (b) of Section 8.01 shall exist, at a rate per annum
equal to the sum of 2% plus the rate applicable to Base Rate Loans for such
day). 

    
(d) [Reserved] 

    
(e) The
Agent shall determine each interest rate applicable to the Loans hereunder. The
Agent shall give prompt notice to the Company and the participating Lenders of
each rate of interest so determined, and its determination thereof shall be
conclusive in the absence of manifest error. 

15 

    
Section 2.08. Method of Electing Interest Rates. (a)
The Loans included in the Borrowing shall bear interest initially at the type of
rate specified by the Company in the Notice of Borrowing. Thereafter, the
Company may from time to time elect to change or continue the type of interest
rate borne by each Group of Loans (subject to Section 2.08(d) and the provisions
of Article 8), as follows: 

     (i) if such
Loans are Base Rate Loans, the Company may elect to convert such Loans to
Euro-Dollar Loans as of any Euro-Dollar Business Day; and 

    
(ii) if
such Loans are Euro-Dollar Loans, the Company may elect to convert such Loans to
Base Rate Loans or continue such Loans as Euro-Dollar Loans for an additional
Interest Period, in each case as of the last day of the then current Interest
Period applicable thereto. 

Each such election shall be made by
delivering a notice (a “Notice of Interest
Rate Election”) to the Agent not later than
12:00 noon (New York City time) on the third Euro-Dollar Business Day before the
conversion or continuation selected in such notice is to be effective. A Notice
of Interest Rate Election may, if it so specifies, apply to only a portion of
the aggregate principal amount of the relevant Group of Loans; provided that (i) such
portion is allocated ratably among the Loans comprising such Group and (ii) the
portion to which such Notice applies, and the remaining portion to which it does
not apply, are each at least $25,000,000 (unless such portion is comprised of
Base Rate Loans). If no such notice is timely received before the end of an
Interest Period for any Group of Euro-Dollar Loans, the Company shall be deemed
to have elected that, at the end of such Interest Period, such Group of Loans be
continued as Euro-Dollar Loans for an additional Interest Period of one month
(subject to the provisions of the definition of Interest Period). 

    
(b) Each
Notice of Interest Rate Election shall specify: 

     (i)
the Group of Loans (or portion thereof) to which
such notice applies; 

     (ii)
the date on which the conversion or continuation
selected in such notice is to be effective, which shall comply with the
applicable clause of Section 2.08(a); 

     (iii)
if the Loans comprising such Group are to be
converted, the new type of Loans and, if the Loans resulting from such
conversion are to be Euro-Dollar Loans, the duration of the next succeeding
Interest Period applicable thereto; and 

     (iv)
if such Loans are to be continued as Euro-Dollar
Loans for an additional Interest Period, the duration of such additional
Interest Period. 

Each Interest Period specified in a
Notice of Interest Rate Election shall comply with the provisions of the
definition of Interest Period. 

    
(c) Promptly after receiving a Notice of Interest Rate Election from the
Company pursuant to Section 2.08(a), the Agent shall notify each Lender of the
contents thereof and such notice shall not thereafter be revocable by the
Company. 

    
(d) The
Company shall not be entitled to elect to convert any Loans to, or continue any
Loans for an additional Interest Period as, Euro-Dollar Loans if (i) the
aggregate principal amount of any Group of Euro-Dollar Loans created or
continued as a result of such election would be less than $25,000,000 or (ii) a
Default shall have occurred and be continuing when the Company delivers notice
of such election to the Agent. 

    
(e) If any
Loan is converted to a different type of Loan, the Company shall pay, on the
date of such conversion, the interest accrued to such date on the principal
amount being converted. 

    
Section 2.09. Fees. (a) The Company shall pay to the Agent for the account of the Lenders
ratably a ticking fee (the “Ticking
Fee”) at a rate per annum equal to 0.10% of
the daily aggregate amount of the Commitments. Such Ticking
Fee shall (i) accrue from and including the Effective Date to but excluding the
Closing Date (or earlier date of termination of the Commitments in their
entirety) and (ii) be payable in arrears on each Quarterly Payment Date,
commencing December 31, 2013 and upon the Closing Date (or earlier date of
termination of the Commitments in their entirety).

16 

     (b) The
Company shall pay to the Agent for the account of the Lenders ratably on each of
the dates set forth below a duration fee equal to the percentage set forth below
opposite each applicable date of the aggregate principal amount of the Loans
outstanding on such date:

	Date	Duration Fee
      Percentage
	90th day after the Closing
      Date	0.50%
	180th day after the Closing
      Date	0.75%
	270th day after the Closing
      Date	1.00%

     (c)
The Company shall pay to the Arranger and the
Agent for their own respective accounts, fees in the amounts, and at such times,
as specified in the Fee Letter or otherwise agreed by the Company and the
Arranger or Agent, as applicable. 

    
Section 2.10. Optional Termination or Reduction of
Commitments. At any time prior to the Closing
Date, the Company may, upon at least three Domestic Business Days’ notice to the
Agent, (i) terminate the Commitments or (ii) ratably reduce from time to time
the aggregate amount of the Commitments by a minimum amount of $10,000,000 or
any larger multiple of $1,000,000 in excess thereof. Commitments terminated or
reduced pursuant to this Section 2.10 may not be reinstated. 

    
Section 2.11. Mandatory Termination or Reduction of
Commitments. (a) The Commitments shall
terminate upon the earlier to occur (i) the borrowing of the Loans in accordance
with Section 2.01 and (ii) the Commitment Termination Date. 

    
(b) In the
event and on each occasion that, prior to the termination of the Commitments in
accordance with Section 2.10 or Section 2.11(a), any Net Proceeds are received
by or on behalf of the Company or any of its Subsidiaries in respect of any
Mandatory Commitment Reduction Event (x) the Company shall, upon at least one
Domestic Business Day prior to such receipt, deliver to the Agent a notice
thereof setting forth the nature of such Mandatory Commitment Reduction Event
and the amount of such Net Proceeds (together with a reasonably detailed
calculation thereof) and (y) the Commitments will be automatically and
permanently reduced by the amount of such Net Proceeds (or, the aggregate amount
of the Commitments then in effect, if less), such reduction to be effective on
the day on which such Net Proceeds are received. 

    
Section 2.12. Prepayments. (a) Subject in the case
of any Euro-Dollar Loans to Section 2.14, the Company may (i) upon at least one
Domestic Business Day’s notice to the Agent, prepay any Group of Base Rate Loans
or (ii) upon at least three Euro-Dollar Business Days’ notice to the Agent,
prepay any Group of Euro-Dollar Loans, in each case in whole at any time, or
from time to time in part in amounts aggregating $10,000,000 or any larger
multiple of $1,000,000, by paying the principal amount to be prepaid together
with accrued interest thereon to the date of prepayment. Each such optional
prepayment shall be applied to prepay ratably the Loans of the several Lenders
included in such Group (or Borrowing). 

17 

     (b) In the
event and on each occasion that, after the Closing Date, any Net Proceeds are
received by or on behalf of the Company or any of its Subsidiaries in respect of
any Mandatory Prepayment Event, (i) the Company shall, on the date of such
receipt, deliver to the Agent a notice thereof setting forth the nature of such
Mandatory Prepayment Event and the amount of such Net Proceeds (together with a
reasonably detailed calculation thereof) and (ii) within three Domestic Business
Days after such Net Proceeds are received, the Company shall prepay Loans in an
amount equal to such Net Proceeds (or, the aggregate amount of the Loans then
outstanding, if less); provided that if the Company shall in
such notice to the Agent state that the Company intends to cause such Net
Proceeds from a Mandatory Prepayment Event described in clause (b) of the
definition of “Asset Sale” (or a portion thereof specified in such notice) to be
applied, or committed to be applied, within 90 days after receipt of such Net
Proceeds to improve, upgrade or repair the assets subject to such casualty or
condemnation event, then the amount of the prepayment required to be made under
this Section 2.12(b) on account of such Mandatory Prepayment Event shall be
reduced by the amount of the Net Proceeds specified by the Company in such
notice as intended to be so applied; provided that if any such Net Proceeds
have not been so applied, or committed to be applied under one or more legally
binding agreements, by the end of such 90-day period, or if such Net Proceeds
shall have been so committed to be applied by the end of such 90-day period but
shall not have been so applied within 135 days after they shall have been
received, then, not later than the last day of such 90-day period (or such
135-day period, as the case may be), the Company shall provide to the Agent
written notice thereof and on the first Domestic Business Day following the end
of such 90-day (or 135-day) period, the Company shall prepay Loans in an amount
equal to such Net Proceeds that have not been so applied (or, the aggregate
amount of the Loans then outstanding, if less). 

    
(c) Upon
receipt of a notice of prepayment pursuant to this Section 2.12, the Agent shall
promptly notify each Lender of the contents thereof and of such Lender’s ratable
share (if any) of such prepayment and such notice shall not thereafter be
revocable by the Company. 

    
Section 2.13. General Provisions as to Payments. (a)
The Company shall make each payment of principal of, and interest on, the Loans
and of fees hereunder, not later than 12:00 Noon (New York City time) on the
date when due, in Federal or other funds immediately available in New York City,
to the Agent at its address referred to in Section 9.01, without set-off or
counterclaim. The Agent will promptly distribute to each Lender its ratable
share of each such payment received by the Agent for the account of the Lenders.
Whenever any payment of principal of, or interest on, the Base Rate Loans or of
fees shall be due on a day which is not a Domestic Business Day, the date for
payment thereof shall be extended to the next succeeding Domestic Business Day.
Whenever any payment of principal of, or interest on, the Euro-Dollar Loans
shall be due on a day which is not a Euro-Dollar Business Day, the date for
payment thereof shall be extended to the next succeeding Euro-Dollar Business
Day unless such Euro-Dollar Business Day falls in another calendar month, in
which case the date for payment thereof shall be the next preceding Euro-Dollar
Business Day. If the date for any payment of principal is extended by operation
of law or otherwise, interest thereon shall be payable for such extended time.

    
(b) Unless
the Agent shall have received notice from the Company prior to the date on which
any payment is due to the Lenders hereunder that the Company will not make such
payment in full, the Agent may assume that the Company has made such payment in
full to the Agent on such date and the Agent may, in reliance upon such
assumption, cause to be distributed to each Lender on such due date an amount
equal to the amount then due such Lender. If and to the extent that the Company
shall not have so made such payment, each Lender shall repay to the Agent
forthwith on demand such amount distributed to such Lender together with
interest thereon, for each day from the date such amount is distributed to such
Lender until the date such Lender repays such amount to the Agent, at the
Federal Funds Rate. 

18 

     Section
2.14. Funding
Losses. If the Company makes any payment of
principal with respect to any Euro-Dollar Loan or any Euro-Dollar Loan is
converted to a different type of Loan (whether such payment or conversion is
pursuant to Article 2, 6 or 8 or otherwise) on any day other than the last day
of the Interest Period applicable thereto, or the last day of an applicable
period fixed pursuant to Section 2.07(c), or if the Company fails to borrow,
prepay, convert or continue any Euro-Dollar Loans after notice has been given to
any Lender in accordance with Section 2.04(a), 2.08(c) or 2.12(c), the Company
shall reimburse each Lender within 15 days after demand for any resulting loss
or expense incurred by it (or by an existing or prospective Participant in the
related Loan), including (without limitation) any loss incurred in obtaining,
liquidating or employing deposits from third parties, but excluding loss of
margin for the period after any such payment or conversion or failure to borrow,
prepay, convert or continue; provided that such Lender shall have
delivered to the Company a certificate as to the amount of such loss or expense,
which certificate shall be conclusive in the absence of manifest error.

    
Section 2.15. Computation of Interest and Fees. Interest based on the Prime Rate hereunder shall be computed on the basis
of a year of 365 days (or 366 days in a leap year) and paid for the actual
number of days elapsed (including the first day but excluding the last day). All
other interest and fees shall be computed on the basis of a year of 360 days and
paid for the actual number of days elapsed (including the first day but
excluding the last day). 

    
Section 2.16. Regulation D Compensation.
Each Lender may require the Company to pay,
contemporaneously with each payment of interest on the Euro-Dollar Loans,
additional interest on the related Euro-Dollar Loan of such Lender at a rate per
annum determined by such Lender up to but not exceeding the excess of (i) (A)
the applicable London Interbank Offered Rate divided by (B) one minus the
Euro-Dollar Reserve Percentage over (ii) the applicable London Interbank Offered
Rate. Any Lender wishing to require payment of such additional interest (x)
shall so notify the Company and the Agent, in which case such additional
interest on the Euro-Dollar Loans of such Lender shall be payable to such Lender
at the place indicated in such notice with respect to each Interest Period
commencing at least three Euro-Dollar Business Days after the giving of such
notice and (y) shall notify the Company at least five Euro-Dollar Business Days
prior to each date on which interest is payable on the Euro-Dollar Loans of the
amount then due it under this Section 2.16. 

ARTICLE 3

Conditions

    
Section 3.01. Conditions Precedent to Effective Date. This Agreement shall become effective on the date that each of the
following conditions shall have been satisfied (or waived in accordance with
Section 9.05): 

    
(a) receipt
by the Agent of counterparts hereof signed by each of the parties hereto (or, in
the case of any party as to which an executed counterpart shall not have been
received, receipt by the Agent in form satisfactory to it of telegraphic, telex
or other written confirmation from such party of execution of a counterpart
hereof by such party);

    
(b) receipt
by the Agent of all documents the Agent may reasonably request relating to the
existence and good standing of the Company, the corporate authority for and the
validity of this Agreement, and any other matters relevant hereto, all in form
and substance satisfactory to the Agent; 

    
(c) receipt
by the Agent and the Arranger of all fees, reasonable out-of-pocket expenses and
other compensation due and payable under this Agreement, the Commitment Letter
or the Fee Letter, including to the extent invoiced, reimbursement or payment of
all reasonable out-of-pocket expenses required to be reimbursed or paid by the
Company hereunder or thereunder;

19 

    
(d) receipt
by the Agent of all documentation and other information required by regulatory
authorities under “know your customer” and anti-money laundering rules and
regulations, including without limitation, the Patriot Act; and 

    
(e) receipt
by the Agent of a certificate, dated the Effective Date and signed by a duly
authorized officer of the Company, either (i) setting forth the Net Proceeds
received by the Company or any of its Subsidiaries from any Mandatory Commitment
Reduction Event that shall have occurred after the Acquisition Agreement Date,
and on or prior to the Effective Date (in which case, the Commitments shall be
automatically and permanently reduced on the Effective Date in the amount of
such Net Proceeds in accordance with Section 2.11(b)) or (ii) confirming that no
such Net Proceeds have been received. 

The Agent shall promptly notify the
Company and the Lenders of the Effective Date, and such notice shall be
conclusive and binding on all parties hereto. 

    
Section 3.02. Conditions Precedent to Closing Date.
The obligation of any Lender to make the Loan on the occasion of the Borrowing,
is subject to the satisfaction of the following conditions: 

    
(a) the
Effective Date shall have occurred; 

    
(b) receipt
by the Agent of the Notice of Borrowing as required by Section 2.02; 

    
(c) receipt
by the Agent of all documents the Agent may reasonably request relating to the
existence and good standing of the Company, the corporate authority for and the
validity of this Agreement and the Notes, and any other matters relevant hereto,
all in form and substance satisfactory to the Agent; 

    
(d) receipt
by the Agent of (i) an opinion of the General Counsel of the Company, covering
such matters as the Agent may reasonably request and (ii) an opinion of
Chadbourne & Parke LLP, counsel to the Company, covering such matters as the
Agent may reasonably request; 

    
(e) receipt
by the Agent of a certificate, dated the Closing Date and signed by the chief
financial officer of the Company, certifying that the Company and its
Subsidiaries, on a consolidated basis, after giving effect to the Transactions,
are Solvent. 

    
(f) receipt
by the Agent and the Arranger of all fees, reasonable out-of-pocket expenses and
other compensation due and payable under this Agreement, the Commitment Letter
or the Fee Letter, including to the extent invoiced, reimbursement or payment of
all reasonable out-of-pocket expenses required to be reimbursed or paid by the
Company hereunder or thereunder;

    
(g) receipt
by the Agent of the financial statements referred to in Sections 4.04(a),
4.04(b) and 4.04(c), which financial statements shall not be in a form
materially inconsistent with the financial statements or forecasts previously
provided to the Agent; 

    
(h) receipt
by the Agent of a certificate, dated the Closing Date and signed by a duly
authorized officer of the Company, confirming compliance with the conditions
precedent set forth in clauses (i), (j), (k) and (l) of this Section
3.02;

20 

     (i) the
fact that the Acquisition shall be consummated substantially concurrently with
the Borrowing, in accordance with the Acquisition Agreement (without any
amendment, modification or waiver thereof or any consent thereunder which is
adverse in any material respect to the Lenders, as reasonably determined by the
Agent, without the consent of the Agent in its sole discretion); 

    
(j) the
fact that, immediately before and after giving effect to the Transactions, no
Default shall have occurred and be continuing on the date of the
Borrowing;

    
(k) the
fact that the representations and warranties of the Company contained in this
Agreement shall be true immediately before and after giving effect to the
Transactions on and as of the date of the Borrowing; and 

    
(l) except
as set forth on Schedule 4.23 to the Acquisition Agreement (as of the
Acquisition Agreement Date), since June 30, 2013, there has not been any event,
change or effect that has had or would reasonably be expected to have,
individually or in the aggregate, an Acquired Entity Material Adverse Effect.

ARTICLE 4
Representations and
Warranties

    
The Company represents and warrants that: 

    
Section 4.01. Corporate Existence and
Power. The Company is a corporation duly
incorporated, validly existing and in good standing under the laws of Delaware,
and has all corporate powers and will have on and as of the Effective Date all
material governmental licenses, authorizations, consents and approvals required
to carry on its business. 

    
Section 4.02. Corporate and Governmental
Authorization; No Contravention. The
execution, delivery and performance by the Company of this Agreement and the
Notes are within the Company’s corporate powers, have been duly authorized by
all necessary corporate action, require no action by or in respect of, or filing
with, any Governmental Authority, do not contravene any provision of applicable
law or regulation or of the certificate of incorporation or by-laws of the
Company and do not contravene, or constitute a material default under, any debt
instrument known to the Company to be binding upon it. 

    
Section 4.03. Binding Effect. This Agreement
constitutes a valid and binding agreement of the Company and each Note, when
executed and delivered in accordance with this Agreement, will constitute a
valid and binding obligation of the Company, in each case enforceable in
accordance with its terms. 

    
Section 4.04. Financial Information. (a) The Company has furnished to the Agent the consolidated
balance sheet and the related consolidated statement of income, stockholder’s
equity and cash flows (i) of the Company, as of September 30, 2010, September
30, 2011 and September 30, 2012 for the fiscal years then ended and (ii) of the
Acquired Entity, as of December 31, 2010, December 31, 2011 and December 31,
2012 for the fiscal years then ended, in each case reported on by independent
public accountants. Such financial statements of the Company referred to in
subsection (a)(i) of this Section 4.04 fairly present, in all material respects,
in conformity with GAAP, the financial position of the Company as of such dates
and its results of operations and cash flows for such fiscal years. The Company
has no actual knowledge (after reasonable inquiry) that such financial
statements of the Acquired Entity referred to in subsection (a)(ii) of this
Section 4.04 do not fairly present, in all material respects, in conformity with
GAAP, the financial position of the Acquired Entity as of such dates and its
results of operations and cash flows for such fiscal years. 

21 

     (b) The
Company has furnished to the Agent the unaudited consolidated balance sheet and
the related unaudited consolidated statements of income and cash flows of each
of the Company and the Acquired Entity, for each fiscal quarter subsequent to
(i) with respect to the Company, September 30, 2012 and (ii) with respect to the
Acquired Entity, December 31, 2012, and in each case ended at least 45 days
prior to the Closing Date. Such financial statements of the Company fairly
present, in all material respects, in conformity with GAAP applied on a basis
consistent with the financial statements referred to in subsection (a)(i) of
this Section 4.04, the financial position of the Company as of such dates and
their results of operations and cash flows for such three month period (subject
to normal year-end adjustments). The Company has no actual knowledge (after
reasonable inquiry) that such financial statements of the Acquired Entity do not
fairly present, in all material respects, in conformity with GAAP applied on a
basis consistent with the financial statements referred to in subsection (a)(ii)
of this Section 4.04. 

    
(c) The
Company has furnished to the Agent pro forma information in the Confidential
Information Memorandum relating to the Company as of and for the twelve-month
period ending September 30, 2012, prepared after giving effect to the
Transactions. Such pro forma financial information has been prepared in good
faith by the Company and based on assumptions believed by the Company to be
reasonable, and presents fairly in all material respects on a pro forma basis
the estimated consolidated financial position of the Company assuming that the
Transactions had actually occurred. 

    
(d) As of
the Closing Date, there will have been no material adverse change in the
financial condition, business or operations of the Company since September 30,
2012, unless and to the extent disclosed in the Company’s quarterly reports on
Form 10-Q, as filed with the Commission. 

    
Section 4.05. Litigation. Except as disclosed in the
Company’s annual report for 2012 on Form 10-K and any subsequent quarterly
report on Form 10-Q filed by the Company with the Commission prior to the date
hereof, there is no action, suit or proceeding pending against, or to the
knowledge of the Company any pending investigation or threatened suit,
proceeding or investigation against or affecting, the Company or any of its
Subsidiaries before any court or arbitrator or any Governmental Authority, in
which there is a reasonable probability of an adverse decision which could
materially adversely affect the business or consolidated financial position of
the Company and its Consolidated Subsidiaries, considered as a whole, or which
in any manner draws into question the validity of this Agreement or the Notes.

    
Section 4.06. Environmental Matters. Expenditures by the Company and its Consolidated
Subsidiaries for environmental capital investment and remediation necessary to
comply with present Environmental Laws and other expenditures for the resolution
of existing environmental claims known to the Company are not expected by
management of the Company to have a material adverse effect on the financial
condition, business or operations of the Company and its Consolidated
Subsidiaries, taken as a whole. 

    
Section 4.07. Investment Company Act. The Company is
not an “investment company” within the meaning of the Investment Company Act of 1940, as
amended. 

    
Section 4.08. Compliance with Certain Laws. The
Company and its Subsidiaries are in compliance, in all material respects, with
(a) the Trading with the Enemy Act, as amended, and each of the foreign assets
control regulations of the United States Treasury Department (31 CFR, Subtitle
B, Chapter V, as amended) and any other enabling legislation or executive order
relating thereto, as amended, and (b) the Patriot Act. No part of the proceeds
of the Loans shall be used by the Company, directly or indirectly, for any
payments to any governmental official or employee, political party, official of
a political party, candidate for political office, or anyone else acting in an
official capacity, in order to obtain, retain or direct business or obtain any
improper advantage, in violation of the United States Foreign Corrupt Practices
Act of 1977, as amended. None of the Company or any of its Subsidiaries nor, to
the knowledge of the Company, any director or officer of the Company or its
Subsidiaries (i) is listed in any sanctions-related list of designated Persons
maintained by the Office of Foreign Assets Control of the United States
Department of the Treasury (“OFAC”), or is controlled or 50% or more owned by such listed
Persons, or (ii) has a place of business, is organized or resides in a country
or territory that is the subject of any U.S. sanctions program administered by
OFAC; and none of the Company or any of its Subsidiaries will directly or, to
their knowledge, indirectly use the proceeds of the Loans or otherwise make
available such proceeds to any Person, for the purpose of financing activities
or businesses of or with any Person, or in any country or territory that is, at
the time of such financing, the subject of any U.S. sanctions program
administered by OFAC or the United States Department of State, except to the
extent licensed or otherwise authorized under U.S. law. 

22 

ARTICLE 5
Covenants

    
The Company agrees that, so long as any Lender has any Commitment
hereunder or any Loan remains outstanding or any amount payable hereunder
remains unpaid: 

    
Section 5.01. Information. The Company will deliver
to each of the Lenders: 

    
(a) within
120 days after the end of each fiscal year of the Company, the Company’s Annual
Report to Shareowners and annual report on Form 10-K for such fiscal year, as
filed with the Commission; 

    
(b) within
60 days after the end of each of the first three quarters of each fiscal year of
the Company, the Company’s quarterly report on Form 10-Q for such fiscal
quarter, as filed with the Commission; 

    
(c) simultaneously with the delivery of each set of financial statements
referred to in clause (a) or (b), a certificate of the chief financial officer,
the treasurer or the controller of the Company (i) stating whether any Default
exists on the date of such financial statements and (ii) setting forth a
calculation of compliance with the covenant contained in Section 5.05;

    
(d) within
10 days after the chief financial officer, the treasurer or the controller of
the Company obtains knowledge of any Default, if such Default is then
continuing, a certificate of the chief financial officer, the treasurer or the
controller of the Company setting forth the details thereof; 

    
(e) promptly upon the filing thereof, copies of all reports on Form 8-K (or
its equivalent) which the Company shall have filed with the Commission; and

    
(f) from
time to time such additional information regarding the financial position or
business of the Company and its Subsidiaries as the Agent, at the request of any
Lender, may reasonably request. 

    
Section 5.02. Maintenance of Existence. The Company
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 in all material respects; provided that nothing in this Section
5.02 shall prohibit a merger or consolidation permitted by Section 5.06.

    
Section 5.03. Compliance with Laws. The Company will
comply in all material respects with all applicable laws, ordinances, rules,
regulations, and requirements of governmental authorities (including, without
limitation, environmental laws and ERISA and the rules and regulations
thereunder) except where (a) the necessity of compliance therewith is contested
in good faith by appropriate proceedings or (b) non-compliance would not, in the
reasonable judgment of the Company, have a material adverse effect on the
financial condition, business or operations of the Company and its Consolidated
Subsidiaries, considered as a whole.

23 

    
Section 5.04. Use of Proceeds. The proceeds of the
Loans will be used by the Company solely to finance the payment of the Merger
Consideration upon the consummation of the Acquisition and to pay fees and
expenses incurred in connection with the Transactions. 

    
Section 5.05. Debt to Capitalization. Consolidated
Debt will at no time exceed 60% of Total Capitalization. 

    
Section 5.06. Mergers, Consolidations and Sales of
Assets. (a) The Company shall not consolidate
with or merge into any other corporation or convey or transfer its properties
and assets substantially as an entirety to any Person, unless 

     (i)
the corporation formed by such consolidation or
into which the Company is merged or the Person which acquires by conveyance or
transfer the properties and assets of the Company substantially as an entirety
shall be a corporation organized and existing under the laws of the United
States or any State or the District of Columbia, and shall expressly assume, in
form satisfactory to the Agent, the due and punctual payment of the principal of
(and premium, if any) and interest, if any, on all the Loans and the performance
of every covenant of this Agreement on the part of the Company to be performed
or observed; 

     (ii)
immediately after giving effect to such
transaction, no Default shall have occurred and be continuing; and 

     (iii)
the Company shall have delivered to the Agent a
certificate of a duly authorized officer of the Company and an opinion of legal
counsel to the Company (which shall be reasonably acceptable to the Agent), each
stating that such consolidation, merger, conveyance or transfer comply with this
Section 5.06(a) and that all conditions precedent herein provided for relating
to such transaction have been complied with. 

    
(b) Upon
any consolidation or merger, or any conveyance or transfer of the properties and
assets of the Company substantially as an entirety in accordance with Section
5.06(a), the successor corporation formed by such consolidation or into which
the Company is merged or to which such conveyance or transfer is made shall
succeed to, and be substituted for, and may exercise every right and power of,
the Company under this Agreement with the same effect as if such successor
corporation had been named as the Company herein, and thereafter the predecessor
corporation shall be relieved of all obligations and covenants under this
Agreement and the Notes and may be liquidated and dissolved. 

    
(c) If,
upon any consolidation or merger of the Company with or into any corporation, or
upon the conveyance or transfer by the Company of its properties and assets
substantially as an entirety in accordance with Section 5.06(a) to any Person,
any Principal Property owned by the Company or a Restricted Subsidiary
immediately prior thereto would thereupon become subject to any Lien not
permitted by Section 5.07, the Company will, prior to such consolidation,
merger, conveyance or transfer, secure the due and punctual payment of the
principal of (and premium, if any) and interest, if any, on the Loans then
outstanding (equally and ratably with any other Debt of the Company then
entitled to be so secured) by a direct Lien on such Principal Property, together
with any other properties and assets of the Company or of any such Restricted
Subsidiary, whichever shall be the owner of any such Principal Property, which
would thereupon become subject to any such Lien, prior to all Liens other than
any theretofore existing thereon. 

24 

    
Section 5.07. Limitations on Liens. The Company
shall not at any time create, incur, assume or suffer to exist, and shall not
cause, suffer or permit a Restricted Subsidiary to create, incur, assume or
suffer to exist, any Secured Debt without making effective provision (and the
Company covenants that in such case it will make or cause to be made effective
provision) whereby the obligations of the Company hereunder shall be secured
equally and ratably with such Secured Debt, so long as such Secured Debt shall
exist; provided, however, that this Section 5.07 shall not prevent any of the
following: 

    
(a) (i) any
Lien on any property hereafter acquired (including acquisition through merger or
consolidation) or constructed by the Company or a Restricted Subsidiary and
created contemporaneously with, or within twelve months after, such acquisition
or the completion of construction to secure or provide for the payment of all or
any part of the purchase price of such property or the cost of construction
thereof, as the case may be; (ii) any mortgage on property (including any
unimproved portion of partially improved property) of the Company or a
Restricted Subsidiary created within twelve months of completion of construction
of a new plant or plants on such property to secure all or part of the cost of
such construction; or (iii) the acquisition of property subject to any Lien upon
such property existing at the time of acquisition thereof, whether or not
assumed by the Company or such Restricted Subsidiary; 

    
(b) Liens
on capital stock hereafter acquired by the Company or any Restricted Subsidiary
existing at the time of the acquisition thereof; provided that the aggregate cost to
the Company and its Restricted Subsidiaries of all capital stock subject to such
Liens does not exceed 10% of Shareowners’ Equity; 

    
(c) any
Lien securing Debt of a corporation which is a successor to the Company to the
extent permitted by Section 5.06; or securing Debt of a Restricted Subsidiary
outstanding at the time it became a Restricted Subsidiary; or securing Debt of
any Person outstanding at the time it is merged with, or all or substantially
all of its properties are acquired by, the Company or any Restricted Subsidiary;
provided
that such Lien does not extend to any other properties of the Company or any
Restricted Subsidiary; or existing on the property or on the outstanding shares
or Debt of a corporation at the time it becomes a Restricted Subsidiary; or
created, incurred or assumed in connection with any industrial revenue bond,
pollution control bond or similar financing arrangement between the Company or
any Restricted Subsidiary and any Federal, State or municipal government or
other governmental body or agency; 

    
(d) any
Lien created in connection with any extension, renewal or refunding (or
successive extensions, renewals or refundings), in whole or in part, of any Debt
secured by a Lien permitted by the foregoing provisions of this Section 5.07
upon the same property theretofore subject thereto (plus improvements on such
property); provided that the amount of such Debt outstanding at that time shall not be
increased; 

     (e) Liens
or deposits made in connection with contracts (which term includes subcontracts
under such contracts) with or made at the request of the United States or any
department or agency thereof, insofar as such Liens or deposits relate to
property manufactured, installed or constructed by or to be supplied by, or
property furnished to, the Company or a Restricted Subsidiary pursuant to, or to
enable the performance of, such contracts, or property the manufacture,
installation, construction or acquisition of which is financed pursuant to, or
to enable the performance of, such contracts; or deposits or Liens, made
pursuant to such contracts, of or upon moneys advanced or paid pursuant to, or
in accordance with the provisions of, such contracts, or of or upon any
materials or supplies acquired for the purpose of the performance of such
contracts; or the assignment or pledge, to the extent permitted by law, of the
right, title and interest of the Company or a Restricted Subsidiary in and to
any such contract, or in and to any payments due or to become due thereunder, to
secure Debt incurred for funds or other property supplied, constructed or
installed for or in connection with the performance by the Company or such
Restricted Subsidiary of its obligations under such contracts;

25 

    
(f) mechanics’, materialmen’s, carriers’ or other like Liens, and pledges or
deposits made in the ordinary course of business to obtain the release of any
such Liens or the release of property in the possession of a common carrier;
good faith deposits in connection with tenders, leases of real estate or bids or
contracts (other than contracts involving the borrowing of money); pledges or
deposits to secure public or statutory obligations; deposits to secure (or in
lieu of) surety, stay, appeal or customs bonds; and deposits to secure the
payment of taxes, assessments, customs duties or other similar charges;

    
(g) any
Lien arising by reason of deposits with, or the giving of any form of security
to, any governmental agency or any body created or approved by law or
governmental regulation, which is required by law or governmental regulation as
a condition to the transaction of any business, or the exercise of any privilege
or license, or to enable the Company or a Restricted Subsidiary to maintain
self-insurance or to participate in any arrangements established by law to cover
any insurance risks or in connection with workmen’s compensation, unemployment
insurance, old age pensions, social security or similar matters; 

    
(h) any
Liens for taxes, assessments or other governmental charges or levies not at the
time due, or the validity of which is being contested in good faith; 

    
(i) judgment Liens, so long as the finality of such judgment is being
contested in good faith and execution thereon is stayed; 

    
(j) easements or similar encumbrances, the existence of which does not impair
the use of the property subject thereto for the purposes for which it is held or
was acquired; 

    
(k) the
landlord’s interest under any lease of property; 

    
(l) leases
granted to others in the ordinary course of business; 

    
(m) Sale
and Lease-Back Transactions to the extent permitted by Section 5.08; and

    
(n) contracts for the manufacture, construction, installation or supply of
property, products or services providing for a Lien upon advance, progress or
partial payments made pursuant to such contracts and upon any material or
supplies acquired, manufactured, constructed, installed or supplied in
connection with the performance of such contracts to secure such advance,
progress or partial payments. 

Notwithstanding the foregoing
provisions of this Section 5.07, the Company and any one or more Restricted
Subsidiaries may create, incur, assume or suffer to exist Secured Debt which
would otherwise be subject to the foregoing restrictions in an aggregate amount
which, together with all other Secured Debt of the Company and its Restricted
Subsidiaries which would otherwise be subject to the foregoing restrictions (not
including Secured Debt permitted under clauses (a) through (n) above) and the
aggregate value of the Sale and Lease-Back Transactions (as defined in Section
5.08) in existence at such time (not including Sale and Lease-Back Transactions
the proceeds of which have been or will be applied in accordance with clause
(ii) of Section 5.08), does not at the time exceed 10% of Shareowners’ Equity.

26 

    
Section 5.08. Limitations on Sale and Lease-Back.
The Company will not, and will not permit any Restricted Subsidiary to, sell or
transfer (except to the Company or one or more Restricted Subsidiaries, or both)
any Principal Property owned by it and which has been in full operation for more
than 180 days prior to such sale or transfer with the intention (a) of taking
back a lease on such property,  except a lease for a temporary
period (not exceeding 36 months) and (b) that the use by the Company or such
Restricted Subsidiary of such property will be discontinued on or before the
expiration of the term of such lease (any such transaction being herein referred
to as a “Sale and Lease-Back
Transaction”), unless: 

     (i)
the Company or such Restricted Subsidiary would
be entitled, pursuant to the provisions of Section 5.07 hereof, to incur Secured
Debt equal in amount to the amount realized or to be realized upon such sale or
transfer secured by a mortgage on the property to be leased without equally and
ratably securing the Loans; or 

     (ii)
the Company or a Restricted Subsidiary shall,
within 180 days of the effective date of any such transaction, apply an amount
equal to the value of the property so leased (x) to the retirement (other than
any mandatory retirement) of Consolidated Funded Debt or Debt then outstanding
of the Company or any Restricted Subsidiary that was Funded Debt at the time it
was created (other than Consolidated Funded Debt or such other Debt owned by the
Company or any Restricted Subsidiary) or (y) to the purchase of Principal
Property having a value at least equal to the value of such property;
provided, however, that the amount to be so applied pursuant to the preceding clause (x) or
(y) shall be reduced by (A) the principal amount of any Loans repaid within 180
days of the effective date of any such transaction and (B) the principal amount
of Consolidated Funded Debt or Debt that was Funded Debt at the time it was
created (other than Loans) retired by the Company or a Restricted Subsidiary
within 180 days of the effective date of any such transaction; or 

     (iii)
the Sale and Lease-Back Transaction involved was
an industrial revenue bond, pollution control bond or similar financing
arrangement between the Company or any Restricted Subsidiary and any Federal,
State or municipal government or other governmental body or agency. 

     The term
“value” shall mean, with respect to a Sale and Lease-Back Transaction, as of any
particular time, the amount equal to the greater of (x) the net proceeds of the
sale of the property leased pursuant to such Sale and Lease-Back Transaction or
(y) the fair value of such property at the time of entering into such Sale and
Lease-Back Transaction, as determined by the board of directors of the Company
(or a duly authorized committee thereof), in either case divided first by the
number of full years of the term of the lease and then multiplied by the number
of full years of such term remaining at the time of determination, without
regard to any renewal or extension options contained in the lease. 

    
Section 5.09. Limitations on Change in Subsidiary Status. The Company may designate any Subsidiary as an Unrestricted Subsidiary
or as a Restricted Subsidiary, subject to the provisions set forth below:

    
(a) the
Company will not permit any Subsidiary to be designated as an Unrestricted
Subsidiary unless at the time of such designation the Subsidiary so designated
does not own, directly or indirectly, any capital stock of any Restricted
Subsidiary or any Funded Debt or Secured Debt of the Company or any Restricted
Subsidiary; 

    
(b) the
Company will not permit any Restricted Subsidiary to be designated as, or
otherwise to become, an Unrestricted Subsidiary unless immediately after such
Restricted Subsidiary becomes an Unrestricted Subsidiary, no Default shall
exist;

27 

     (c) the
Company will not permit any Unrestricted Subsidiary to be designated as a
Restricted Subsidiary unless immediately after such Unrestricted Subsidiary
becomes a Restricted Subsidiary, no Default shall exist; and 

    
(d) promptly after the designation of any Subsidiary as an Unrestricted
Subsidiary or as a Restricted Subsidiary, there shall be filed with the Agent, a
certificate of a duly authorized officer of the Company stating that the
provisions of this Section 5.09 have been complied with in connection with such
designation. 

ARTICLE 6
Defaults

    
Section 6.01. Events of Default. If one or more of
the following events (“Events of
Default”) shall have occurred and be
continuing: 

    
(a) the
Company shall fail to pay when due any principal of any Loan, or shall fail to
pay within 10 days of the due date thereof any interest on any Loan, any fees or
any other amount payable hereunder; 

    
(b) the
Company shall fail to observe or perform any covenant or agreement contained in
Article 5 for 90 days after notice thereof has been given to the Company by the
Agent at the request of any Lender; 

    
(c) any
representation or warranty made by the Company (i) in Article 4 or (ii) pursuant
to Section 3.02 on the date of the Borrowing shall prove to have been incorrect
in any material respect when made (or deemed made); 

    
(d) the
Company or any of its Subsidiaries shall fail to pay the principal of or
interest on Material Debt when due, or within any applicable grace period, in
accordance with the instrument or agreement under which the same was created;

    
(e) any
event or condition shall occur (including failure to pay principal or interest)
which results in the acceleration of the maturity of Material Debt; 

    
(f) the
entry of a decree or order for relief by a court having jurisdiction in the
premises in respect of the Company in an involuntary case under the Federal
bankruptcy laws, as now constituted or hereafter amended, or any other
applicable Federal or State bankruptcy, insolvency or other similar law, or
appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator
(or similar official) of the Company or of any substantial part of its property,
or ordering the winding up or liquidation of its affairs, and the continuance of
any such decree or order unstayed and in effect for a period of 90 consecutive
days; or

    
(g) the
commencement by the Company of a voluntary case under the Federal bankruptcy
laws, as now constituted or hereafter amended, or any other applicable Federal
or State bankruptcy, insolvency or other similar law, or the consent by it to
the appointment of or taking possession by a receiver, liquidator, assignee,
trustee, custodian, sequestrator (or other similar official) of the Company or
of any substantial part of its property, or the making by it of an assignment
for the benefit of creditors, or the admission by it in writing of its inability
to pay its debts generally as they become due, or the taking of corporate action
by the Company in furtherance of any such action;

then, and in every such event,
the Agent shall (i) prior to the Closing Date, if requested by Lenders having
more than 50% in aggregate amount of the Commitments, by notice to the Company
terminate the Commitments and they shall thereupon terminate and (ii) from and
after the Closing Date, if requested by Lenders holding more than 50% in
aggregate principal amount of the Loans, by notice to the Company declare the
Loans (together with accrued interest thereon) to be, and the Loans shall
thereupon become, immediately due and payable without presentment, demand,
protest or other notice of any kind, all of which are hereby waived by the
Company; provided
that in the case of any of the Events of Default specified in clause (f) or (g)
above, without any notice to the Company or any other act by the Agent or the
Lenders, the Commitments shall thereupon terminate and the Loans (together with
accrued interest thereon) shall become immediately due and payable without
presentment, demand, protest or other notice of any kind, all of which are
hereby waived by the Company.

28 

    
Section 6.02. Notice of Default. The Agent shall give notice to the Company under Section
6.01(b) promptly upon being requested to do so by any Lender and shall thereupon
notify all the Lenders thereof. 

ARTICLE 7
The Agent

    
Section 7.01. Appointment and Authorization. Each
Lender irrevocably appoints and authorizes the Agent to take such action as
agent on its behalf and to exercise such powers under this Agreement and the
Notes as are delegated to the Agent by the terms hereof or thereof, together
with all such powers as are reasonably incidental thereto. Anything herein to
the contrary notwithstanding, the Sole Lead Arranger, Sole Bookrunner,
Syndication Agent or Co-Documentation Agents listed on the cover page hereof
shall not have any powers, duties or responsibilities under this Agreement or
any of the other Loan Documents, except in its capacity, as applicable, as the
Agent or a Lender hereunder. 

    
Section 7.02. Agent and Affiliates. (a) Citibank,
N.A., in its capacity as a Lender, shall have the same rights and powers under
this Agreement as any other Lender and may exercise or refrain from exercising
the same as though it were not the Agent, and Citibank, N.A. and its affiliates
may accept deposits from, lend money to, and generally engage in any kind of
business with the Company or any Subsidiary or affiliate of the Company as if it
were not the Agent hereunder. 

    
(b) Each
Lender understands that the Agent, acting in its individual capacity, and its
affiliates (collectively, the “Agent’s
Group”) are engaged in a wide range of
financial services and businesses (including investment management, financing,
securities trading, corporate and investment banking and research) (such
services and businesses are collectively referred to in this Section 7.03 as
“Activities”) and may engage in the Activities with or on behalf of one or more of
the Company and its affiliates. Furthermore, the Agent’s Group may, in
undertaking the Activities, engage in trading in financial products or undertake
other investment businesses for its own account or on behalf of others
(including the Company and its affiliates and including holding, for its own
account or on behalf of others, equity, debt and similar positions in the
Company or its affiliates), including trading in or holding long, short or
derivative positions in securities, loans or other financial products of one or
more of the Company or its affiliates. Each Lender understands and agrees that
in engaging in the Activities, the Agent’s Group may receive or otherwise obtain
information concerning the Company and its affiliates (including information
concerning the ability of the Company to perform its obligations hereunder and
under the other Loan Documents) which information may not be available to any of
the Lenders that are not members of the Agent’s Group. None of the Agent nor any
member of the Agent’s Group shall have any duty to disclose to any Lender or use
on behalf of the Lenders, and shall not be liable for the failure to so disclose
or use, any information whatsoever about or derived from the Activities or
otherwise (including any information concerning the business, prospects,
operations, property, financial and other condition or creditworthiness of the
Company or any of its affiliates) or to account for any revenue or profits
obtained in connection with the Activities, except that the Agent shall deliver
or otherwise make available to each Lender such documents as are expressly
required by any Loan Document to be transmitted by the Agent to the
Lenders.

29 

    
(c) Each
Lender further understands that there may be situations where members of the
Agent’s Group or their respective customers (including the Company and its
affiliates) either now have or may in the future have interests or take actions
that may conflict with the interests of any one or more of the Lenders
(including the interests of the Lenders hereunder and under the other Loan
Documents). Each Lender agrees that no member of the Agent’s Group is or shall
be required to restrict its activities as a result of the Person serving as
Agent being a member of the Agent’s Group, and that each member of the Agent’s
Group may undertake any Activities without further consultation with or
notification to any Lender. None of (i) this Agreement nor any other Loan
Document, (ii) the receipt by the Agent’s Group of information (including
Information) concerning the Company or its affiliates (including information
concerning the ability of the Company to perform its obligations hereunder and
under the other Loan Documents) nor (iii) any other matter shall give rise to
any fiduciary, equitable or contractual duties (including without limitation any
duty of trust or confidence) owing by the Agent or any member of the Agent’s
Group to any Lender including any such duty that would prevent or restrict the
Agent’s Group from acting on behalf of customers (including the Company or its
affiliates) or for its own account. 

    
Section 7.03. Action by
Agent. The obligations of the Agent hereunder
are only those expressly set forth herein. Without limiting the generality of
the foregoing, the Agent shall not be required to take any action with respect
to any Default, except as expressly provided in Article 6. 

    
Section 7.04. Consultation with
Experts. The Agent may consult with legal
counsel (who may be counsel for the Company), independent public accountants and
other experts selected by it and shall not be liable for any action taken or
omitted to be taken by it in good faith in accordance with the advice of such
counsel, accountants or experts. 

    
Section 7.05. Liability of Agent. Neither the Agent
nor any of its affiliates nor any of their respective directors, officers,
agents or employees shall be liable for any action taken or not taken by it in
connection herewith (a) with the consent or at the request of the Required
Lenders or, when expressly required hereby, all the Lenders or (b) in the
absence of its own gross negligence or willful misconduct. Neither the Agent nor
any of its affiliates nor any of their respective directors, officers, agents or
employees shall be responsible for or have any duty to ascertain, inquire into
or verify (i) any statement, warranty or representation made in connection with
this Agreement or the Borrowing hereunder; (ii) the performance or observance of
any of the covenants or agreements of the Company; (iii) the satisfaction of any
condition specified in Article 3, except receipt of items required to be
delivered to the Agent; or (iv) the validity, effectiveness or genuineness of
this Agreement, the Notes or any other instrument or writing furnished in
connection herewith. The Agent shall not incur any liability by acting in
reliance upon any notice, consent, certificate, statement, or other writing
(which may be a bank wire, telex, facsimile transmission or similar writing)
believed by it to be genuine or to be signed by the proper party or parties.

    
Section 7.06. Indemnification. Each Lender shall,
ratably in accordance with its Commitment, indemnify the Agent, its affiliates
and their respective directors, officers, agents and employees, to the extent
acting on behalf of the Agent and to the extent not reimbursed by the Company,
against any cost, expense (including counsel fees and disbursements), claim,
demand, action, loss or liability (except such as result from such indemnitees’
gross negligence or willful misconduct) that such indemnitees may suffer or
incur in connection with this Agreement or any action taken or omitted by such
indemnitees hereunder or thereunder. 

30 

    
Section 7.07. Non-Reliance on Agent and Other
Lenders. (a) Each Lender confirms to the
Agent, each other Lender and each of their respective affiliates that it (i)
possesses (individually or through its affiliates) such knowledge and experience
in financial and business matters that it is capable, without reliance on the
Agent, any other Lender or any of their respective affiliates, of evaluating the
merits and risks (including tax, legal, regulatory, credit, accounting and other
financial matters) of (x) entering into this Agreement, (y) making the Loan
hereunder and (z) in taking or not taking actions hereunder, (ii) is financially
able to bear such risks and (iii) has determined that entering into this
Agreement and making the Loan hereunder is suitable and appropriate for it.

    
(b) Each
Lender acknowledges that it has, independently and without reliance upon the
Agent or any other Lender, 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 also acknowledges that it will, independently and without
reliance upon the Agent or any other Lender, and based on such documents and
information as it shall deem appropriate at the time, continue to make its own
credit decisions in taking or not taking any action under this Agreement.

    
Section 7.08. Delegation of Duties. The Agent may
perform any and all of its duties and exercise any and all of its powers, rights
and remedies under this Agreement or any other Loan Document by or through any
one or more sub-agents appointed by it. The Agent and any such of its sub-agents
may perform any and all of its duties and exercise any and all of its powers,
rights and remedies by or through their respective affiliates. The exculpatory,
indemnification and other provisions set forth in this Article 7 and in Section
9.03 shall apply to any such sub-agent or affiliate (and to their respective
directors, officers, agents, or employees) as if they were named as the Agent.

    
Section 7.09. Successor Agent. The Agent may resign
at any time by giving 30 days’ notice thereof to the Lenders and the Company.
Upon any such resignation, the Required Lenders shall have the right to appoint
a successor Agent. If no successor Agent shall have been so appointed by the
Required Lenders and shall have accepted such appointment, within 30 days after
the retiring Agent gives notice of resignation (such 30-day period, the
“Lender Appointment Period”), then the retiring Agent may, on behalf of the Lenders,
appoint a successor Agent, which shall be a commercial bank organized or
licensed under the laws of the United States of America or of any State thereof
and having a combined capital and surplus of at least $50,000,000. Upon the
acceptance of its appointment as Agent hereunder by a successor Agent, such
successor Agent shall thereupon succeed to and become vested with all the rights
and duties of the retiring Agent. In addition and without any obligation on the
part of the retiring Agent to appoint, on behalf of the Lenders, a successor
Agent, the retiring Agent may at any time following the occurrence of an Agent
Resignation Event and upon or after the end of the Lender Appointment Period
notify the Company and the Lenders that no qualifying Person has accepted
appointment as successor Agent and the effective date of such retiring Agent’s
resignation, which effective date shall be no earlier than three Domestic
Business Days after the date of such notice. Upon the resignation effective date
established in such notice and regardless of whether a successor Agent has been
appointed and accepted such appointment, the retiring Agent’s resignation shall
nonetheless become effective and the retiring Agent shall be discharged from its
duties and obligations as Agent hereunder. After any retiring Agent’s
resignation hereunder as Agent, the provisions of this Article 7 shall inure to
its benefit as to any actions taken or omitted to be taken by it while it was
Agent. 

     Section
7.10. Agent’s
Fee. The Company shall pay to the Agent for
its own account fees in the amounts and at the times previously agreed upon
between the Company and the Agent. 

31 

ARTICLE 8

Change in
Circumstances

     Section
8.01. Basis for
Determining Interest Rate Inadequate or Unfair. If on or prior to the first day of any Interest Period for any
Euro-Dollar Loans: 

    
(a) the
Agent determines that (i) deposits in dollars (in the applicable amounts) are
not generally available in the relevant market for such Interest Period or (ii)
reasonable means do not exist for ascertaining the Euro-Dollar Rate, or

    
(b) Lenders
having 50% or more of the aggregate amount of the Commitments advise the Agent
that the London Interbank Offered Rate as determined by the Agent will not
adequately and fairly reflect the cost to such Lenders of funding their
Euro-Dollar Loans for such Interest Period,

the Agent shall forthwith give notice
thereof to the Company and the Lenders, whereupon until the Agent notifies the
Company that the circumstances giving rise to such suspension no longer exist,
(i) the obligations of the Lenders to make Euro-Dollar Loans, or to continue or
convert outstanding Loans as or into Euro-Dollar Loans, shall be suspended and
(ii) each outstanding Euro-Dollar Loan shall be converted into a Base Rate Loan
on the last day of the then current Interest Period applicable thereto. Unless
the Company notifies the Agent at least two Domestic Business Days before the
date of any Euro-Dollar Borrowing for which the Notice of Borrowing has
previously been given that it elects not to borrow on such date, such Borrowing
shall instead be made as a Base Rate Borrowing. 

    
Section 8.02. Illegality. (a) If a Change in Law
shall make it unlawful or impossible for any Lender (or its Euro-Dollar Lending
Office) to make, maintain or fund its Euro-Dollar Loans and such Lender shall so
notify the Agent, the Agent shall forthwith give notice thereof to the other
Lenders and the Company, whereupon until such Lender notifies the Company and
the Agent that the circumstances giving rise to such suspension no longer exist,
the obligation of such Lender to make Euro-Dollar Loans, or to convert
outstanding Loans into Euro-Dollar Loans or continue outstanding Loans as
Euro-Dollar Loans, shall be suspended. Before giving any notice to the Agent
pursuant to this Section 8.02, such Lender shall designate a different
Euro-Dollar Lending Office if such designation will avoid the need for giving
such notice and will not, in the sole judgment of such Lender, be otherwise
disadvantageous to such Lender. 

    
(b) If such
notice is given, each Euro-Dollar Loan of such Lender then outstanding shall be
converted to a Base Rate Loan either (i) on the last day of the then current
Interest Period applicable to such Euro-Dollar Loan if such Lender may lawfully
continue to maintain and fund such Loan as a Euro-Dollar Loan to such day or
(ii) immediately if such Lender shall determine that it may not lawfully
continue to maintain and fund such Loan as a Euro-Dollar Loan to such day.
Interest and principal on any such Base Rate Loan shall be payable on the same
dates as, and on a pro rata basis with, the interest and principal payable on
the related Euro-Dollar Loans of the other Lenders. 

    
Section 8.03. Increased Cost and Reduced Return. (a)
If a Change in Law shall impose, modify or deem applicable any reserve
(including, without limitation, any such requirement imposed by the Board of
Governors of the Federal Reserve System, but excluding with respect to any
Euro-Dollar Loan any such requirement included in an applicable Euro-Dollar
Reserve Percentage), special deposit, insurance assessment or similar
requirement against assets of, deposits with or for the account of, or credit
extended by, any Lender (or its Applicable Lending Office) or shall impose on
any Lender (or its Applicable Lending Office) or on the London interbank market
any other condition affecting its Euro-Dollar Loans, its Note or its obligation
to make Euro-Dollar Loans and the result of any of the foregoing is to increase
the cost to such Lender (or its Applicable Lending Office) of making or
maintaining any Euro-Dollar Loan, or to reduce the amount of any sum received or
receivable by such Lender (or its Applicable Lending Office) under this
Agreement or under its Note with respect thereto, by an amount deemed by such
Lender to be material, then, within 15 days after demand by such Lender (with a
copy to the Agent), the Company shall pay to such Lender such additional amount
or amounts as will compensate such Lender for such increased cost or reduction.

32 

    
(b) If any
Lender shall have determined that a Change in Law has or would have the effect
of reducing the rate of return on capital of such Lender (or its Parent) as a
consequence of such Lender’s obligations hereunder to a level below that which
such Lender (or its Parent) could have achieved but for such Change in Law
(taking into consideration its policies with respect to capital adequacy) by an
amount deemed by such Lender to be material, then from time to time, within 15
days after demand by such Lender (with a copy to the Agent), the Company shall
pay to such Lender such additional amount or amounts as will compensate such
Lender (or its Parent) for such reduction. 

    
(c) If a
Change in Law shall subject any Lender to any taxes (other than Taxes imposed on
or with respect to any payment made by or on account of the Company hereunder or
under any Notes and Taxes described in clauses (a) through (e) of the definition
of Excluded Taxes) on its loans, loan principal, commitments, or other
obligations hereunder, or its deposits, reserves, other liabilities or capital
attributable thereto, and the result shall be to increase the cost to such
Lender of making or maintaining any Euro-Dollar Loan (or of maintaining its
obligation to make any such Loan) or to reduce the amount of any sum received or
receivable by such Lender hereunder (whether of principal, interest or
otherwise), then the Company will pay to such Lender such additional amount or
amounts as will compensate such Lender for such additional costs incurred or
reduction suffered. 

    
(d) Each
Lender will promptly notify the Company and the Agent of any event of which it
has knowledge, occurring after the date hereof, which will entitle such Lender
to compensation pursuant to this Section 8.03 and will designate a different
Applicable Lending Office if such designation will avoid the need for, or reduce
the amount of, such compensation and will not, in the sole judgment of such
Lender, be otherwise disadvantageous to such Lender. A certificate of any Lender
claiming compensation under this Section 8.03 and setting forth the additional
amount or amounts to be paid to it hereunder shall be conclusive in the absence
of manifest error. In determining such amount, such Lender may use any
reasonable averaging and attribution methods. Notwithstanding the foregoing
subsections of this Section 8.03, the Company shall only be obligated to
compensate any Lender for any amount arising or accruing during (i) any time or
period commencing not more than 90 days prior to the date on which such Lender
notifies the Agent and the Company that it proposes to demand such compensation
and identifies to the Agent and the Company the statute, regulation or other
basis upon which the claimed compensation is or will be based and (ii) any time
or period during which, because of the retroactive application of such statute,
regulation or other such basis, such Lender did not know that such amount would
arise or accrue. 

    
(e) Failure
or delay on the part of any Lender to demand compensation pursuant to this
Section 8.03 shall not constitute a waiver of such Lender’s right to demand such
compensation, as the case may be; provided that the Company shall not be
required to compensate a Lender pursuant to this Section 8.03 for any increased
costs or reductions incurred more than 90 days prior to the date that such
Lender notifies the Company of the Change in Law giving rise to such increased
costs or reductions and of such Lender’s intention to claim compensation
therefor; provided further that, if the Change in Law giving rise to such increased costs or
reductions is retroactive, then the 90-day period referred to above shall be
extended to include the period of retroactive effect thereof. 

    
Section 8.04. Taxes. (a) Any and all payments by the
Company to or for the account of any Lender or the Agent hereunder or under any
Loan Document shall be made free and clear of and without deduction for any and
all present or future taxes, duties, levies, imposts, deductions, charges or
withholdings, and all liabilities with respect thereto (collectively, “Taxes”), except as required
by applicable law. If the Company or the Agent (the “Withholding Agent”) shall be required
by law to deduct any Taxes from or in respect of any sum payable hereunder or
under any Note to any Lender or the Agent, (i) if such Taxes are Indemnified
Taxes, the sum payable by the Company shall be increased as necessary so that
after making all required deductions (including deductions applicable to
additional sums payable under this Section 8.04) such Lender or the Agent (as
the case may be) receives an amount equal to the sum it would have received had
no such deductions been required; (ii) such Withholding Agent shall make such
deductions; (iii) such Withholding Agent shall pay the full amount deducted to
the relevant taxation authority or other authority in accordance with applicable
law; and (iv) if the Withholding Agent is the Company, such Company shall
furnish to the Agent, at its address referred to in Section 9.01, the original
or a certified copy of a receipt evidencing payment thereof or other evidence
satisfactory to the Agent.

33 

     (b) In
addition, except to the extent attributable to a transfer under Section 9.06,
the Company agrees to pay any present or future stamp or documentary Taxes and
any other excise or property Taxes, or charges or similar levies which arise
from any payment made hereunder or under any Note or from the execution or
delivery of, or otherwise with respect to, this Agreement or any Note
(hereinafter referred to as “Other
Taxes”). 

    
(c) The
Company agrees to indemnify each Lender and the Agent for the full amount of
Indemnified Taxes or Other Taxes (including, without limitation, any Indemnified
Taxes or Other Taxes imposed or asserted by any jurisdiction on amounts payable
under this Section 8.04) paid by such Lender or the Agent (as the case may be)
and any liability (including penalties, interest and expenses) arising therefrom
or with respect thereto; provided, the Company shall not be
obligated to indemnify any party hereunder pursuant to this Section 8.04 for
penalties, interest or similar liabilities arising therefrom or with respect
thereto to the extent such penalties, interest or similar liabilities are
attributable to the gross negligence or willful misconduct by such party. This
indemnification shall be paid within 15 days after such Lender or the Agent (as
the case may be) makes written demand therefor. 

    
(d) Any
Lender that is entitled to an exemption from or reduction of withholding Tax
with respect to payments made under any Loan Document shall deliver to the
Company and the Agent, at the time or times reasonably requested by the Company
or the Agent, such properly completed and executed documentation reasonably
requested by the Company or the Agent as will permit such payments to be made
without withholding or at a reduced rate of withholding. In addition, any
Lender, if requested by the Company or the Agent, shall deliver such other
documentation prescribed by applicable law or reasonably requested by the
Company or the Agent as will enable the Company or the Agent to determine
whether or not such Lender is subject to any withholding (including backup
withholding) or information reporting requirements. Notwithstanding anything to
the contrary in the preceding two sentences, the completion, execution and
submission of such documentation (other than such documentation set forth in
Sections 8.04(e), (f), (g) and (h) below) shall not be required if in the
Lender’s judgment such completion, execution or submission would subject such
Lender to any material unreimbursed cost or expense or would materially
prejudice the legal or commercial position of such Lender. 

    
(e) Without
limiting the foregoing, at the times indicated herein, each Lender organized
under the laws of a jurisdiction outside the United States shall provide the
Company and the Agent with duly and accurately executed originals of Internal
Revenue Service form W-8BEN, W-8IMY (accompanied by a form W-8ECI, W-8BEN, W-9
and other certification documents from each beneficial owner, as applicable) or
W-8ECI (in each case accompanied by any statements which may be required under
applicable Treasury regulations), as appropriate, or any successor form
prescribed by the Internal Revenue Service, certifying that such Lender is
entitled to receive payments under this Agreement (i) without deduction or
withholding of any United States federal income Taxes or (ii) subject to a
reduced rate of United States federal withholding Tax, unless, in each case of
clause (i) and (ii) of this Section 8.04(e), an event (including, without
limitation, any change in treaty, law or regulation) has occurred prior to the
date on which any such delivery would otherwise be required which renders such
forms inapplicable or which would prevent the Lender from duly completing and
delivering any such form with respect to it and the Lender advises the Company
and the Agent that it is not capable of receiving payments without any deduction
or withholding of such Taxes. Such forms shall be provided (x) on or prior to
the date of the Lender’s execution and delivery of this Agreement in the case of
each Lender listed on the signature pages hereof, and on or prior to the date on
which it becomes a Lender in the case of each other Lender and (y) on or before
the date that such form expires or becomes obsolete or after the occurrence of
any event requiring a change in the most recent form so delivered by the Lender.
If the form provided by a Lender at the time such Lender first becomes a party
to this Agreement indicates a United States interest withholding Tax rate in
excess of zero or if at such time such Lender is otherwise subject to a United
States interest withholding Tax rate in excess of zero, United States
withholding Tax at such rate shall be considered “Excluded Taxes”, except to the
extent the assignor of such Lender was entitled, at the time of such assignment,
to receive additional amounts from the Company with respect to such withholding
Taxes pursuant to Section 8.04(a). In addition, to the extent that for reasons
other than a change of treaty, law or regulation any Lender becomes subject to
an increased rate of United States interest withholding Tax while it is a party
to this Agreement, United States withholding Tax at such increased rate shall be
considered “Excluded Taxes”.

34 

    
(f) Any
Lender that is a “United States person” within the meaning of Section
7701(a)(30) of the Internal Revenue Code shall deliver to the Company and the
Agent on or prior to the date on which such Lender becomes a Lender under this
Agreement (and from time to time thereafter upon the request of the Company or
the Agent), duly and accurately executed originals of Internal Revenue Service
form W-9 certifying, to the extent such Lender is legally entitled to do so,
that such Lender is not subject to U.S. Federal backup withholding Tax. For the
avoidance of doubt, such Tax is an “Excluded Taxes”.

    
(g) If a
payment made to a Lender under any Loan Document would be subject to U.S.
federal withholding Tax imposed by FATCA if such Lender were to fail to comply
with the applicable requirements of FATCA (including those contained in Section
1471(b) or 1472(b) of the Internal Revenue Code, as applicable), such Lender
shall deliver to the Company and the Agent at the time or times prescribed by
law and at such time or times reasonably requested by the Company or the Agent
such documentation prescribed by applicable law (including as prescribed by
Section 1471(b)(3)(C)(i) of the Internal Revenue Code) and such additional
documentation reasonably requested by the Company or the Agent as may be
necessary for the Company or the Agent to comply with its obligations under
FATCA, to determine that such Lender has or has not complied with such Lender’s
obligations under FATCA or to determine the amount to deduct and withhold from
such payment. Solely for the purposes of this Section 8.04(g), “FATCA” shall
include any amendments made to FATCA after the date of this Agreement, whether
or not included in the definition of FATCA. 

    
(h) Each
Lender agrees that if any form or certification it previously delivered expires
or becomes obsolete or inaccurate in any respect, it shall update such form or
certification or promptly notify the Company and the Agent in writing of its
legal inability to do so. 

    
(i) For any
period with respect to which a Lender organized under the laws of a jurisdiction
outside the United States has failed to provide the Company and the Agent with
the appropriate form pursuant to Section 8.04(e) (unless such failure is excused
by the terms of Section 8.04(e)), such Lender shall not be entitled to
indemnification under Section 8.04(a) or 8.04(c) with respect to Taxes imposed
by the United States; provided that if a Lender, which is otherwise exempt from or subject
to a reduced rate of withholding Tax, becomes subject to Taxes because of its
failure to deliver a form required hereunder, the Company shall take such steps
as such Lender shall reasonably request to assist such Lender to recover such
Taxes.

35 

    
(j) Each
Lender shall severally indemnify the Agent for any Taxes and Excluded Taxes (but
only to the extent that the Company has not already indemnified the Agent for
such Taxes and Excluded Taxes and without limiting the obligation, if any, of
the Company to do so), in each case attributable to such Lender that are paid or
payable by the Agent in connection with any Loan Document, and any reasonable
expenses arising therefrom or with respect thereto. This indemnification shall
be made within 15 days from the date the Agent makes demand therefor.

    
(k) Each
party’s obligations under this Section 8.04 shall survive any assignment of
rights by, or the replacement of, a Lender, the resignation or replacement of
the Agent, the termination of the Commitments and the repayment, satisfaction or
discharge of all other obligations under any Loan Document, subject to Section
8.03(d). 

    
(l) If the
Agent or a Lender determines, in its sole discretion, that it has received a
refund of any Taxes or Other Taxes as to which it has been indemnified by the
Company or with respect to which the Company has paid additional amounts
pursuant to this Section 8.04, it shall pay over such refund to Company (but
only to the extent of indemnity payments made, or additional amounts paid, by
the Company under this Section 8.04 with respect to the Taxes or Other Taxes
giving rise to such refund), net of all out-of-pocket expenses with respect to
such refund of the Agent or such Lender and without interest (other than any
interest paid by the relevant Governmental Authority with respect to such
refund); provided that the Company, upon the request of the Agent or such Lender, agrees
to repay the amount paid over to the Company (plus any penalties, interest or
other charges imposed by the relevant Governmental Authority) to the Agent or
such Lender in the event the Agent or such Lender is required to repay such
refund to such Governmental Authority. This Section 8.04(l) shall not be
construed to require the Agent or any Lender to make available its tax returns
(or any other information relating to its taxes which it deems confidential) to
the Company or any other Person. 

    
Section 8.05. Base Rate Loans Substituted for Affected Euro-Dollar
Loans. If (a) the obligation of any Lender to
make, or to continue or convert outstanding Loans as or to, Euro-Dollar Loans
has been suspended pursuant to Section 8.02 or (b) any Lender has demanded
compensation under Section 8.03 or 8.04 with respect to its Euro-Dollar Loans
and the Company shall, by at least five Euro-Dollar Business Days’ prior notice
to such Lender through the Agent, have elected that the provisions of this
Section 8.05 shall apply to such Lender, then, all Loans which would otherwise
be made by such Lender as (or continued as or converted to) Euro-Dollar Loans
shall be made instead as Base Rate Loans (on which interest and principal shall
be payable contemporaneously with the related Euro-Dollar Loans of the other
Lenders). If such Lender notifies the Company that the circumstances giving rise
to such suspension or demand for compensation no longer exist, the principal
amount of each such Base Rate Loan shall be converted into a Euro-Dollar Loan on
the first day of the next succeeding Interest Period applicable to the related
Euro-Dollar Loans of the other Lenders. 

    
Section 8.06. Mitigation Obligations;
Replacement of Lenders. (a) If any Lender requests
compensation under Section 8.03, or if the Company is required to pay any
additional amount to any Lender or any Governmental Authority for the account of
any Lender pursuant to Section 8.04, then such Lender will designate a different
Applicable Lending Office for funding or booking its Loans hereunder or 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 8.03 or
Section 8.04, as the case may be, in the future and (ii) would not subject such
Lender to any unreimbursed cost or expense and would not otherwise be
disadvantageous to such Lender. The Company hereby agrees to pay all
reasonable costs and expenses incurred by any Lender in connection with any such
designation or assignment.

36 

     (b) If
any Lender requests compensation under Section 8.03, or if the Company is
required to pay any additional amount to any Lender or any Governmental
Authority for the account of any Lender pursuant to Section 8.04, or if any
Lender invokes Section 8.02, or if any Lender shall refuse to consent to any
waiver, amendment or other modification that would otherwise require such
Lender’s consent but to which the Required Lenders have consented, then the
Company may, at its sole expense and effort, upon notice to such Lender and the
Agent, require such Lender to assign and delegate, without recourse (in
accordance with and subject to the restrictions contained in Section 9.06), all
its interests, rights and obligations under this Agreement to an assignee that
shall assume such obligations (which assignee may be another Lender, if a Lender
accepts such assignment); provided
that (i) in the case of any such assignment
to a Person that is not a Lender, the Company shall have received the prior
written consent of the Agent, which consent shall not unreasonably be withheld
and (ii) such Lender shall have received payment of an amount equal to the
outstanding principal of its Loans, accrued interest thereon, accrued fees and
all other amounts payable to it hereunder, from the assignee (to the extent of
such outstanding principal and accrued interest and fees) or the Company or the
relevant Company (in the case of all other amounts). 

ARTICLE 9
Miscellaneous

    
Section 9.01. Notices. (a) All notices, requests and other communications to any party
hereunder shall be in writing (including bank wire, telex, facsimile
transmission or similar writing) and shall be given to such party: (x) in the
case of the Company or the Agent, at its address, facsimile number or telex
number set forth on the signature pages hereof, (y) in the case of any Lender,
at its address, facsimile number or telex number set forth in its Administrative
Questionnaire or (z) in the case of any party, such other address, facsimile
number or telex number as such party may hereafter specify for the purpose by
notice to the Agent and the Company. Each such notice, request or other
communication shall be effective (i) if given by telex, when such telex is
transmitted to the telex number specified in this Section 9.01 and the
appropriate answerback is received, (ii) if given by facsimile transmission,
when transmitted to the facsimile number specified in this Section 9.01 and
confirmation of receipt is received, (iii) if given by mail, 72 hours after such
communication is deposited in the mails with first class postage prepaid,
addressed as aforesaid or (iv) if given by any other means, when delivered at
the address specified in this Section 9.01; provided that notices to the Agent
under Article 2 or Article 8 shall not be effective until received. 

    
(b) Notwithstanding Section 9.01(a) above (unless the Agent requests that the
provisions of Section 9.01(a) be followed) and any other provision in this
Agreement or any other Loan Document providing for the delivery of any Approved
Electronic Communication by any other means, the Company shall deliver all
Approved Electronic Communications to the Agent by properly transmitting such
Approved Electronic Communications in an electronic/soft medium in a format
acceptable to the Agent to oploanswebadmin@citigroup.com or such
other electronic mail address (or similar means of electronic delivery) as the
Agent may notify to the Company. Nothing in this Section 9.01(b) shall prejudice
the right of the Agent or any Lender to deliver any Approved Electronic
Communication to the Company in any manner authorized in this Agreement or to
request that the Company effect delivery in such manner. For purposes of this
Agreement, “Approved Electronic
Communications” means each Communication that
the Company is obligated to, or otherwise chooses to, provide to the Agent
pursuant to any Loan Document or the transactions contemplated therein,
including any financial statement, financial and other report, notice, request,
certificate and other information material; provided, however, that, solely with respect to
delivery of any such Communication by the Company to the Agent and without
limiting or otherwise affecting either the Agent’s right to effect delivery of
such Communication by posting such Communication to the Platform or the
protections afforded hereby to the Agent in connection with any such posting,
“Approved Electronic Communication” shall exclude (i) any Notice of Borrowing,
notice of conversion or continuation, and any other notice, demand,
communication, information, document and other material relating to a request
for a new, or a conversion of an existing, Borrowing, (ii) any notice pursuant
to Section 2.10 and Section 2.11 and any other notice relating to the payment of
any principal or other amount due under any Loan Document prior to the scheduled
date therefor, (iii) all notices of any Default or Event of Default and (iv) any
notice, demand, communication, information, document and other material required
to be delivered to satisfy any of the conditions set forth in Article 3 or any
other condition to the Borrowing or any condition precedent to the effectiveness
of this Agreement.

37 

    
(c) Each of the Lenders and the Company agree that the Agent may, but shall
not be obligated to, make the Approved Electronic Communications available to
the Lenders by posting such Approved Electronic Communications on IntraLinks,
SyndTrak or a substantially similar electronic platform chosen by the Agent to
be its electronic transmission system (the “Platform”). Although the Platform and
its primary web portal are secured with generally-applicable security procedures
and policies implemented or modified by the Agent from time to time (including,
as of the Effective Date, a dual firewall and a User ID/Password Authorization
System) and the Platform is secured through a single-user-per-deal authorization
method whereby each user may access the Approved Electronic Platform only on a
deal-by-deal basis, each of the Lenders and the Company acknowledges and agrees
that the distribution of material through an electronic medium is not
necessarily secure and that there are confidentiality and other risks associated
with such distribution. In consideration for the convenience and other benefits
afforded by such distribution and for the other consideration provided
hereunder, the receipt and sufficiency of which is hereby acknowledged, each of
the Lenders and the Company hereby approves distribution of the Approved
Electronic Communications through the Platform and understands and assumes the
risks of such distribution. 

    
(d) THE PLATFORM AND THE APPROVED ELECTRONIC COMMUNICATIONS ARE PROVIDED “AS
IS” AND “AS AVAILABLE”. NONE OF THE AGENT NOR ANY OTHER MEMBER OF THE AGENT’S
GROUP WARRANT THE ACCURACY, ADEQUACY OR COMPLETENESS OF THE APPROVED ELECTRONIC
COMMUNICATIONS OR THE PLATFORM AND EACH EXPRESSLY DISCLAIMS ANY LIABILITY FOR
ERRORS OR OMISSIONS IN THE APPROVED ELECTRONIC COMMUNICATIONS OR THE PLATFORM.
NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING, WITHOUT
LIMITATION, 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 THE AGENT PARTIES IN CONNECTION WITH THE APPROVED ELECTRONIC
COMMUNICATIONS OR THE PLATFORM.

    
(e) Each of the Lenders and the Company agree that the Agent may, but (except
as may be required by applicable law) shall not be obligated to, store the
Approved Electronic Communications on the Platform in accordance with the
Agent’s generally-applicable document retention procedures and policies.

    
Section 9.02. No Waivers. No failure or delay by the
Agent or any Lender in exercising any right, power or privilege hereunder or
under any Note shall operate as a waiver thereof nor shall any single or partial
exercise thereof preclude any other or further exercise thereof or the exercise
of any other right, power or privilege. The rights and remedies herein provided
shall be cumulative and not exclusive of any rights or remedies provided by law.

38 

     Section
9.03. Expenses;
Indemnification. (a) The Company shall pay
(i) all reasonable out-of-pocket expenses of the Agent, including fees and
disbursements of special counsel for the Agent, in connection with the
preparation and administration of this Agreement, any waiver or consent
hereunder or any amendment hereof or any Default or alleged Default hereunder
and (ii) if an Event of Default occurs, all reasonable out-of-pocket expenses
incurred by the Agent and each Lender, including (without duplication) the fees
and disbursements of outside counsel and the allocated cost of inside counsel,
in connection with such Event of Default and collection, bankruptcy, insolvency
and other enforcement proceedings resulting therefrom. 

    
(b) The Company agrees to indemnify the Agent and each Lender, their
respective affiliates and the respective directors, officers, agents and
employees of the foregoing (each an “Indemnitee”) and hold each Indemnitee
harmless from and against any and all liabilities, losses, damages, costs and
expenses of any kind, including, without limitation, the reasonable fees and
disbursements of counsel, which may be incurred by such Indemnitee in connection
with any investigative, administrative or judicial proceeding (whether or not
such Indemnitee shall be designated a party thereto) brought or threatened
relating to or arising out of this Agreement or any actual or proposed use of
any proceeds of any Loans hereunder; provided that no Indemnitee shall have
the right to be indemnified hereunder for such Indemnitee’s own gross
negligence, willful misconduct or material breach by such Indemnitee of any
obligations hereunder, in each case as determined by a court of competent
jurisdiction. The Company shall not be liable for any compromise or settlement
entered into by an indemnified person without its consent, which consent shall
not be unreasonably withheld. Promptly after the receipt by the indemnified
person of notice of its involvement in any investigative, administrative or
judicial proceeding, such indemnified person shall, if a claim in respect
thereof is to be made against the Company under this indemnification, notify the
Company in writing of such involvement, unless prohibited by applicable law or
regulations or if requested by any governmental agency or other regulatory
authority (including any self-regulatory organization having, or claiming to
have jurisdiction), but failure so to notify the Company shall not relieve the
Company from any liability which it may otherwise have to the indemnified person
under this indemnification except to the extent that the Company actually
suffers prejudice as a result of such failure. 

    
Section 9.04. Sharing of Set-offs. Each Lender
agrees that if it shall, by exercising any right of set-off or counterclaim or
otherwise, receive payment of a proportion of the aggregate amount of principal
and interest then due with respect to the Loan held by it which is greater than
the proportion received by any other Lender in respect of the aggregate amount
of principal and interest then due with respect to the Loan held by such other
Lender, the Lender receiving such proportionately greater payment shall purchase
such participations in the Loans held by the other Lenders, and such other
adjustments shall be made, as may be required so that all such payments of
principal and interest with respect to the Loans held by the Lenders shall be
shared by the Lenders pro rata; provided that nothing in this Section
9.04 shall impair the right of any Lender to exercise any right of set-off or
counterclaim it may have and to apply the amount subject to such exercise to the
payment of indebtedness of the Company other than its indebtedness hereunder.
The Company agrees, to the fullest extent it may effectively do so under
applicable law, that any holder of a participation in a Loan, if acquired
pursuant to the foregoing arrangements or if the Company has otherwise received
notice of the granting of such participation, may exercise rights of set-off or
counterclaim and other rights with respect to such participation as fully as if
such holder of a participation were a direct creditor of the Company in the
amount of such participation. 

    
Section 9.05. Amendments and Waivers. Any provision
of this Agreement or the Notes may be amended or waived if, but only if, such
amendment or waiver is in writing and is signed by the Company and the Required
Lenders (and, if the rights or duties of the Agent are affected thereby, by the
Agent); provided that no such amendment or waiver shall (a) unless signed by each Lender
affected by such amendment or waiver, (i) increase or decrease the Commitment of
any Lender (except for a ratable decrease in the Commitments of all Lenders) or
subject any Lender to any additional obligation, (ii) reduce the principal of or
rate of interest on any Loan, or any fees hereunder or (iii) postpone the date
fixed for any payment of principal of or interest on any Loan or any fees
hereunder or for the termination of any Commitment or (b) unless signed by all
Lenders, change the percentage of the Commitments or of the aggregate unpaid
principal amount of the Loans, or the number of Lenders which shall be required
for the Lenders or any of them to take any action under this Section 9.05 or any
other provision of this Agreement.

39 

    
Section 9.06. Successors and Assigns. (a) The provisions of this Agreement shall be binding upon
and inure to the benefit of the parties hereto and their respective successors
and assigns, except that the Company may not assign or otherwise transfer any of
its rights under this Agreement without the prior written consent of all
Lenders.

    
(b) Any Lender may at any time grant to one or more banks or other
institutions (each a “Participant”) participating interests
in its Commitment, including all or a portion of its Loan at the time owing to
it. In the event of any such grant by a Lender of a participating interest to a
Participant, whether or not upon notice to the Company and the Agent, such
Lender shall remain responsible for the performance of its obligations
hereunder, and the Company and the Agent shall continue to deal solely and
directly with such Lender in connection with such Lender’s rights and
obligations under this Agreement. Any agreement pursuant to which any Lender may
grant such a participating interest shall provide that such Lender shall retain
the sole right and responsibility to enforce the obligations of the Company
hereunder including, without limitation, the right to approve any amendment,
modification or waiver of any provision of this Agreement; provided that such
participation agreement may provide that such Lender will not agree to any
modification, amendment or waiver of this Agreement described in clause (i),
(ii) or (iii) of Section 9.05 without the consent of the Participant. The
Company agrees that each Participant shall, to the extent provided in its
participation agreement, be entitled to the benefits of Article 8 with respect
to its participating interest; provided the Participant complies with
the obligations of Sections 8.04(d), (e), (f), (g) and (h) as if it were a
Lender (it being understood that the documentation required shall be delivered
to the selling Lender and, if required by law for reduced withholding, copies
shall be delivered to the Company and the Agent). An assignment or other
transfer which is not permitted by subsection (c) or (d) below shall be given
effect for purposes of this Agreement only to the extent of a participating
interest granted in accordance with this subsection (b). Each Lender that sells
a participation shall, acting solely for this purpose as a non-fiduciary agent
of the Company, maintain a register on which it enters the name and address of
each Participant and the principal amounts (and stated interest) of each
Participant’s interest in the Loans or other obligations under the Loan
Documents (the “Participant
Register”); provided that no Lender shall have any
obligation to disclose all or any portion of the Participant Register to any
Person (including the identity of any Participant or any information relating to
a Participant’s interest in any commitments, loans, or its other obligations
under any Loan Document) except to the extent that such disclosure is necessary
to establish that such commitment, loan, or other obligation is in registered
form under Section 5f.103-1(c) of the United States Treasury Regulations or, if
different, under Sections 871(h) or 881(c) of the Internal Revenue Code. The
entries in the Participant Register shall be conclusive absent clearly
demonstrable error, and such Lender shall treat each Person whose name is
recorded in the Participant Register as the owner of such participation for all
purposes of this Agreement notwithstanding any notice to the contrary.

    
(c) Any Lender may at any time assign to one or more banks or other
institutions (each an “Assignee”) all, or a proportionate
part (equivalent to an initial Commitment of not less than $5,000,000) of its
rights and obligations under this Agreement and its Note, and such Assignee
shall assume such rights and obligations, pursuant to an Assignment and
Assumption Agreement in substantially the form of Exhibit B hereto executed by
such Assignee and such transferor Lender, with (and subject to) the consent of
the Agent and (so long as no Event of Default exists) of the Company, such
consents of the Company and the Agent not to be unreasonably withheld; provided that, (i) if an
Assignee is an Approved Fund, an affiliate of such transferor Lender or was a
Lender immediately before such assignment, no consent of the Company shall be
required and (ii) the Company shall be deemed to have consented to any such
assignment unless it shall object thereto by written notice to the Agent within
ten Domestic Business Days after having received notice thereof. Upon execution
and delivery of such instrument and payment by such Assignee to such transferor
Lender of an amount equal to the purchase price agreed between such transferor
Lender and such Assignee, such Assignee shall be a Lender party to this
Agreement and shall have all the rights and obligations of a Lender with a
Commitment as set forth in such instrument of assumption, and the transferor
Lender shall be released from its obligations hereunder to a corresponding
extent, and no further consent or action by any party shall be required. Upon
the consummation of any assignment pursuant to this subsection (c), the Agent
shall record in the Register the information relating to such assignment, and
the transferor Lender, the Agent and the Company shall make appropriate
arrangements so that, if the underlying Note is outstanding, a new Note is
issued to the Assignee. No assignment shall be effective for purposes of this
Agreement unless it has been recorded in the Register as provided in this
paragraph. In connection with any such assignment, the transferor Lender shall
pay to the Agent an administrative fee for processing such assignment in the
amount of $3,500. If the Assignee is not incorporated under the laws of the
United States of America or a state thereof, it shall deliver to the Company and
the Agent certification as to exemption from deduction or withholding of any
United States federal income Taxes in accordance with Section 8.04. The Agent,
acting solely for this purpose as a non-fiduciary agent of the Company, shall
maintain at one of its offices in New York a copy of each Assignment and
Assumption Agreement 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 owing to, each Lender pursuant to the terms hereof from
time to time (the “Register”). The entries in the Register shall be conclusive absent
manifest error, and the Company, the Agent and the Lenders shall 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. The Register shall be
available for inspection by the Company and any Lender, at any reasonable time
and from time to time upon reasonable prior notice.

40 

    
(d) Any Lender may at any time assign all or any portion of its rights under
this Agreement and its Note to a Federal Reserve Bank. No such assignment shall
release the transferor Lender from its obligations hereunder. 

    
(e) No
Assignee, Participant or other transferee of any Lender’s rights shall be
entitled to receive any greater payment under Section 8.03 or 8.04 than such
Lender would have been entitled to receive with respect to the rights
transferred, unless such transfer is made with the Company’s prior written
consent or by reason of the provisions of Section 8.02, 8.03 or 8.04 requiring
such Lender to designate a different Applicable Lending Office under certain
circumstances or at a time when the circumstances giving rise to such greater
payment did not exist. 

    
Section 9.07. Designated Lenders. (a) Subject to the provisions of this subsection (a), any
Lender may at any time designate an Eligible Designee to provide all or a
portion of the Loans to be made by such Lender pursuant to this Agreement;
provided
that such designation shall not be effective unless the Company and the Agent
consent thereto (which consents shall not be unreasonably withheld). When a
Lender and its Eligible Designee shall have signed an agreement substantially in
the form of Exhibit C hereto (a “Designation
Agreement”) and the Company and the Agent
shall have signed their respective consents thereto, such Eligible Designee
shall become a Designated Lender for purposes of this Agreement. The Designating
Lender shall thereafter have the right to permit such Designated Lender to
provide all or a portion of the Loan to be made by such Designating Lender
pursuant to Section 2.01, and the making of such Loans or portion thereof shall
satisfy the obligation of the Designating Lender to the same extent, and as if,
such Loans or portion thereof were made by the Designating Lender. As to any
Loans or portion thereof made by it, each Designated Lender shall have all the
rights that a Lender making such Loans or portion thereof would have had under
this Agreement and otherwise; provided that (x) its voting rights
under this Agreement shall be exercised solely by its Designating Lender and (y)
its Designating Lender shall remain solely responsible to the other parties
hereto for the performance of such Designated Lender’s obligations under this
Agreement, including its obligations in respect of the Loans or portion thereof
made by it. No additional Note shall be required to evidence the Loans or
portion thereof made by a Designated Lender; and the Designating Lender shall be
deemed to hold its Note as agent for its Designated Lender to the extent of the
Loans or portion thereof funded by such Designated Lender. Each Designating
Lender shall act as administrative agent for its Designated Lender and give and
receive notices and other communications on its behalf. Any payments for the
account of any Designated Lender shall be paid to its Designating Lender as
administrative agent for such Designated Lender and neither the Company nor the
Agent shall be responsible for any Designating Lender’s application of such
payments. In addition, any Designated Lender may, with notice to (but without
the prior written consent of) the Company and the Agent, (i) assign all or
portions of its interest in any Loans to its Designating Lender or to any
financial institutions consented to by the Company and the Agent that provide
liquidity and/or credit facilities to or for the account of such Designated
Lender to support the funding of Loans or portions thereof made by it and (ii)
disclose on a confidential basis pursuant to a confidentiality agreement
satisfactory in form and substance to the Company any non-public information
relating to its Loans or portions thereof to any rating agency, commercial paper
dealer or provider of any guarantee, surety, credit or liquidity enhancement to
such Designated Lender.

41 

    
(b) Each party to this Agreement agrees that it will not institute against,
or join any other person in instituting against, any Designated Lender any
bankruptcy, insolvency, reorganization or other similar proceeding under any
federal or state bankruptcy or similar law, for one year and a day after all
outstanding senior indebtedness of such Designated Lender is paid in full. The
Designating Lender for each Designated Lender agrees to indemnify, save, and
hold harmless each other party hereto for any loss, cost, damage and expense
arising out of its inability to institute any such proceeding against such
Designated Lender. This subsection (b) shall survive the termination of this
Agreement. 

    
(c) Each Lender that designates a Designated Lender to provide all or a
portion of the Loan to be made by such Lender pursuant to this Agreement shall,
acting solely for this purpose as a non-fiduciary agent of the Company, maintain
a register on which it enters the name and address of each Designated Lender and
the principal amounts (and stated interest) of each Designated Lender’s interest
in the Loan or other obligations under the Loan Documents (the “Designated Lender Register”); provided that no Lender shall have any obligation to disclose all or
any portion of the Designated Lender Register to any Person (including the
identity of any Designated Lender or any information relating to a Designated
Lender’s interest in any commitment, loan, or its other obligations under any
Loan Document) except to the extent that such disclosure is necessary to
establish that such commitment, loan, or other obligation is in registered form
under Section 5f.103-1(c) of the United States Treasury Regulations or, if
different, under Section 871(h) or 881(c) of the Internal Revenue Code. The
entries in the Designated Lender Register shall be conclusive absent clearly
demonstrable error, and such Lender shall treat each Person whose name is
recorded in the Designated Lender Register as the owner of such Loan for all
purposes of this Agreement notwithstanding any notice to the contrary.

    
Section 9.08. Collateral. Each of the Lenders represents to the Agent and each of the other
Lenders that it in good faith is not relying upon any “margin stock” (as defined
in Regulation U) as collateral in the extension or maintenance of the credit
provided for in this Agreement. 

    
Section 9.09. Governing Law; Submission to Jurisdiction. (a) This Agreement and each Note shall be governed by and construed in
accordance with the laws of the State of New York; provided that each of (i) the
interpretation of the definition of Acquired Entity Material Adverse Effect and
the determination of whether there shall have occurred an Acquired Entity
Material Adverse Effect and (ii) the determination of whether the Acquisition
has been consummated as contemplated by the Acquisition Agreement, shall be
determined in accordance with the laws of the State of Delaware without regard
to principles of conflicts of laws that would result in the application of the
laws of another jurisdiction.

42 

    
(b) The Company hereby submits to the nonexclusive jurisdiction of the United
States District Court for the Southern District of New York and of any New York
State court sitting in New York City, for purposes of all legal proceedings
arising out of or relating to this Agreement or the transactions contemplated
hereby. 

    
(c) The Company irrevocably waives, to the fullest extent permitted by law,
any objection which it may now or hereafter have to the laying of the venue of
any such proceeding brought in such a court and any claim that any such
proceeding brought in such a court has been brought in an inconvenient forum.

    
Section 9.10. Counterparts;
Integration. This Agreement may be signed in
any number of counterparts, each of which shall be an original, with the same
effect as if the signatures thereto and hereto were upon the same instrument.
This Agreement constitutes the entire agreement and understanding among the
parties hereto and, except as expressly provided in the Commitment Letter or in
the Fee Letter, supersedes any and all prior agreements and understandings, oral
or written, relating to the subject matter hereof. 

    
Section 9.11. Waiver of Jury Trial. EACH OF THE COMPANY, THE AGENT AND THE LENDERS HEREBY
IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING
ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED
HEREBY. 

    
Section 9.12. Confidentiality. Each of the Agent and the Lenders agrees to maintain the
confidentiality of the Information (as defined below), except that Information
may be disclosed (a) to their and their affiliates’ directors, officers,
employees and agents, including accountants, legal counsel and other advisors
(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 (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 to this Agreement, (e) in connection with the exercise of any
remedies hereunder or any suit, action or proceeding relating to this Agreement
or the enforcement of rights hereunder, (f) subject to an agreement containing
provisions substantially the same as those of this Section 9.12 (in the case of
the following clauses (i) and (ii)), (i) to any assignee of or Participant in,
or any prospective assignee of or Participant in, any of its rights or
obligations under this Agreement, (ii) to any direct or indirect contractual
counterparty in swap agreements or such contractual counterparty’s professional
advisor (so long as such contractual counterparty or professional advisor to
such contractual counterparty agrees to be bound by the provisions of this
Section 9.12) or (iii) to the National Association of Insurance Commissioners or
any similar organization or any nationally recognized rating agency that
requires access to information about a Lender’s investment portfolio in
connection with ratings issues with respect to such Lender, (g) with the consent
of the Company or (h) to the extent such Information (i) becomes publicly
available other than as a result of a breach of this Section 9.12 or (ii)
becomes available to the Agent or any Lender on a non-confidential basis from a
source other than the Company. For the purposes of this Section 9.12,
“Information” means all information received directly or indirectly from the Company
relating to the Company, the Acquired Entity or their respective businesses,
other than any such information that is available to the Agent or any Lender on
a non-confidential basis prior to disclosure by the Company. 

43 

    
Section 9.13. USA Patriot Act. Each Lender that is
subject to the requirements of the Patriot Act hereby notifies the Company that
pursuant to the requirements of the Patriot Act, it is required to obtain,
verify and record information that identifies the Company, which information
includes the name and address of the Company and other information that will
allow such Lender to identify the Company in accordance with the Patriot Act.

     Section
9.14. No
Fiduciary Relationship. 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 Company acknowledges and agrees, and acknowledges its affiliates’
understanding that (i)(A) the arranging and other services regarding this
Agreement provided by the Agent, the Arranger and the Lenders (as used in this
paragraph “Agent and Lender
Parties”) are arm’slength commercial
transactions between the Company and its affiliates, on the one hand, and the
Agent and Lender Parties, on the other hand, (B) the Company has consulted its
own legal, accounting, regulatory and tax advisors to the extent it has deemed
appropriate and (C) the Company 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) each of the Agent and Lender Parties 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 Company or any of its affiliates, or any
other Person and (B) none of the Agent and Lender Parties has any obligation to
the Company or any of its affiliates with respect to the transactions
contemplated hereby except those obligations expressly set forth herein and in
the other Loan Documents; and (iii) the Agent and Lender Parties and their
respective affiliates may be engaged in a broad range of transactions that
involve interests that differ from those of the Company and its affiliates, and
none of the Agent, the Agent and Lender Parties has any obligation to disclose
any of such interests to the Company or any of its affiliates. To the fullest
extent permitted by law, the Company hereby waives and releases any claims that
it may have against the Agent and Lender Parties with respect to any breach or
alleged breach of agency or fiduciary duty in connection with any aspect of any
transaction contemplated hereby. 

44 

     IN WITNESS
WHEREOF, the parties hereto have caused this Agreement to be duly executed by
their respective authorized officers as of the day and year first above written.

	ROCKWELL COLLINS,
      INC.
	By:	 
	Name:	
	  	
	Title:	
	 	
	Address:	
	Attention:    
	
	Telecopy:	

	CITIBANK, N.A., as Agent
      and as Lender
	By:	 
	Name:	[•]
	  
	Title:	[•]
	  
	Address:	[•]
	  
	Attention:    
	[•]
	Telecopy:	[•]

		[INSERT BANK
    NAME]
	 	By:	
		Name:       
	
		Title:	
	 	
	If second signature is required:	 	
		By:	
		Name:	
		Title:	

SCHEDULE 1.01 

COMMITMENT SCHEDULE 

	 Institution	Commitment
	 Citibank, N.A.	$225,000,000
	 JPMorgan Chase Bank, N.A.	$135,000,000
	 Bank of America, N.A.	$135,000,000
	 Wells Fargo Bank, N.A.	$135,000,000
	 Crédit Agricole Corporate &
      Investment Bank	$54,000,000
	 Mizuho Bank, Ltd.	$54,000,000
	 The Bank of New York Mellon	$54,000,000
	 U.S. Bank National
    Association	$54,000,000
	 KBCM Bridge LLC	$27,000,000
	 The Bank of Tokyo-Mitsubishi UFJ,
      Ltd.	$27,000,000
	 Total	$900,000,000

SCHEDULE 2.01 

PRICING SCHEDULE 

		Level I
 	Level II	Level III
		Applicable	Applicable	Applicable	Applicable	Applicable	Applicable
	Days from	Euro-	Base Rate	Euro-	Base Rate	Euro-	Base
  Rate
	the Closing	Dollar	Margin	Dollar	Margin	Dollar	Margin
	Date	Margin		Margin	 	Margin	
	0-89	0.875%	-	1.00%	-	1.125%	0.125%
	90-179	1.125%	0.125%	1.25%	0.25%	1.375%	0.375%
	180-269	1.375%	0.375%	1.50%	0.50%	1.625%	0.625%
	270-364	1.625%	0.625%	1.75%	0.75%	1.875%	0.875%

     For purposes
of this Pricing Schedule, the following terms have the following meanings:

    
“Level I Pricing” applies on any day if on such day the Company’s unsecured
long-term debt securities are rated A or higher by S&P or A2 or higher by Moody’s.

    
“Level II Pricing” applies on any day if on such day Level I Pricing does not
apply and the Company’s unsecured long-term debt securities are rated A- by
S&P or
A3 by Moody’s. 

    
“Level III Pricing” applies on any day if no lower Pricing Level applies on such
day. 

    
“Moody’s” means Moody’s Investors Service, Inc. and its successors. 

    
“Pricing Level” refers to the determination of which of Level I Pricing,
Level II Pricing or Level III Pricing applies. Level I Pricing is the lowest
Pricing Level and Level III Pricing the highest. 

    
“S&P” means Standard & Poor’s Ratings Services and its successors.

    
The credit ratings to be utilized for purposes of this Pricing Schedule
are those assigned to the senior unsecured long-term debt securities of the
Company without third-party credit enhancement, and any rating assigned to any
other debt security of the Company shall be disregarded. The credit ratings in
effect on any day are those in effect at the close of business on such day. If
the Company is split-rated and the ratings differential is one notch, the higher
of the two ratings will apply (e.g., A/A3 results in Level I
Pricing). If the Company is split-rated and the ratings differential is more
than one notch, the average of the two ratings (or the higher of two
intermediate ratings) shall be used (e.g., A/Baa1 results in Level II
Pricing, as does A/Baa2). If the rating system of Moody’s or S&P shall
change, or if either such rating agency shall cease to be in the business of
rating corporate debt obligations, the Company and the Lenders shall negotiate
in good faith to amend this Pricing Schedule to reflect such changed rating
system or the unavailability of ratings from such rating agency and, pending the
effectiveness of any such amendment, the rating shall be determined by reference
to the rating most recently in effect prior to such change or cessation.

EXHIBIT A 

NOTE 

     New York, New
York 

    
__________ __ , 20__ 

    
For value received, Rockwell Collins, Inc., a Delaware corporation (the
“Company”), promises to pay to (the “Lender”), for the account of its
Applicable Lending Office, or to its registered Assignee, the unpaid principal
amount of each Loan made by the Lender to the Company pursuant to the Credit
Agreement referred to below on the Maturity Date provided for in the Credit
Agreement. The Company promises to pay interest on the unpaid principal amount
of each such Loan on the dates and at the rate or rates provided for in the
Credit Agreement. All such payments of principal and interest shall be made in
lawful money of the United States in Federal or other immediately available
funds at the office of Citibank, N.A., 390 Greenwich Street, New York, NY 10013.

    
All Loans made by the Lender, the respective types and maturities thereof
and all repayments of the principal thereof shall be recorded by the Lender and,
if the Lender so elects in connection with any transfer or enforcement hereof,
appropriate notations to evidence the foregoing information with respect to each
such Loan then outstanding may be endorsed by the Lender on the schedule
attached hereto, or on a continuation of such schedule attached to and made a
part hereof; provided that the failure of the Lender to make, or any error in
making, any such recordation or endorsement shall not affect the obligations of
the Company hereunder or under the Credit Agreement. 

    
This note is one of the Notes referred to in the Bridge Credit Agreement
dated as of September 24, 2013, among the Company, the Lenders party thereto and
Citibank, N.A., as Agent (as the same may be amended from time to time, the
“Credit Agreement”). Terms defined in the Credit Agreement are used herein with the same
meanings. Reference is made to the Credit Agreement for provisions for the
prepayment hereof and the acceleration of the maturity hereof. 

	ROCKWELL COLLINS,
      INC.
	 	 
	By:      
      		 

A-1 

Note (contd.) 

LOANS AND PAYMENTS OF PRINCIPAL

	Date	Amount
of
Loan	Type of
Loan	Amount of
Principal
Repaid	Maturity
Date	Notation
Made
    By
	 
 					

A-2 

EXHIBIT B 

ASSIGNMENT AND ASSUMPTION AGREEMENT

     AGREEMENT
dated as of _________, ____ among [ASSIGNOR] (the “Assignor”), [ASSIGNEE] (the
“Assignee”), ROCKWELL COLLINS, INC. (the “Company”) and CITIBANK, N.A., as Agent
(the “Agent”). 

W I T N E S S E T H 

    
WHEREAS, this Assignment and Assumption Agreement (the “Agreement”) relates to the
Bridge Credit Agreement dated as of September 24, 2013, among the Company, the
Assignor and the other Lenders party thereto and the Agent (as the same may be
amended from time to time, the “Credit
Agreement”); 

    
[WHEREAS, as provided under the Credit Agreement, the Assignor has a
Commitment to make a Loan on the Closing Date to the Company in an aggregate
principal amount not to exceed $__________;]1 

    
[WHEREAS, a Loan made to the Company by the Assignor under the Credit
Agreement in the aggregate principal amount of $__________are outstanding at the
date hereof; and]2 

    
WHEREAS, the Assignor proposes to assign to the Assignee all of the
rights of the Assignor under the Credit Agreement in respect of a portion of its
[Commitment][Loan] thereunder in an amount equal to $__________ (the
“Assigned Amount”), [together with a corresponding portion of its outstanding Loan,] and
the Assignee proposes to accept assignment of such rights and assume the
corresponding obligations from the Assignor on such terms; 

    
NOW, THEREFORE, in consideration of the foregoing and the mutual
agreements contained herein, the parties hereto agree as follows: 

    
SECTION 1. Definitions. All capitalized terms not otherwise defined herein shall
have the respective meanings set forth in the Credit Agreement. 

    
SECTION 2. Assignment. The Assignor hereby assigns and sells to the Assignee all of
the rights of the Assignor under the Credit Agreement to the extent of the
Assigned Amount, and the Assignee hereby accepts such assignment from the
Assignor and assumes all of the obligations of the Assignor under the Credit
Agreement to the extent of the Assigned Amount [, including the purchase from the
Assignor of the corresponding portion of its outstanding Loan at the date
hereof]. Upon the execution and delivery hereof by the Assignor, the Assignee,
the Company and the Agent and the payment of the amounts specified in Section 3
required to be paid on the date hereof, (a) the Assignee shall, as of the date
hereof, succeed to the rights and be obligated to perform the obligations of a
Lender under the Credit Agreement with a [Commitment][Loan] in an amount equal
to the Assigned Amount [and acquire the rights of the Assignor with respect to a
corresponding portion of its outstanding Loan]; and (b) the [Commitment][Loan]
of the Assignor shall, as of the date hereof, be reduced by a like amount and
the Assignor released from its obligations under the Credit Agreement to the
extent such obligations have been assumed by the Assignee. The assignment
provided for herein shall be without recourse to the Assignor.

____________________

    
1 Insert for assignment of Commitments prior to the Closing
Date. 

    
2 Insert for assignment of Loans after the Closing Date.

B-1 

    
SECTION 3. Payments. As consideration for the assignment and sale contemplated in
Section 2 hereof, the Assignee shall pay to the Assignor on the date hereof in
Federal funds the amount heretofore agreed between them.* It is
understood that any fees accrued to the date hereof are for the account of the
Assignor and such fees accruing from and including the date hereof with respect
to the Assigned Amount are for the account of the Assignee. Each of the Assignor
and the Assignee hereby agrees that if it receives any amount under the Credit
Agreement which is for the account of the other party hereto, it shall receive
the same for the account of such other party to the extent of such other party’s
interest therein and shall promptly pay the same to such other party.

    
SECTION 4. Consent of the Company and
the Agent. This Agreement is conditioned upon
the consent of the Agent and the Company to the extent required pursuant to
Section 9.06(c) of the Credit Agreement. The execution of this Agreement by the
Agent and the Company (if applicable) is evidence of this consent. 

    
SECTION 5. Note. Pursuant to Section 9.06(c) of the Credit Agreement, the
Company agrees, if requested by the Assignee, to execute and deliver a Note
payable to the Assignee or its registered assignee to evidence the assignment
and assumption provided for herein. 

    
SECTION 6. Non-Reliance on
Assignor. The Assignor makes no
representation or warranty in connection with, and shall have no responsibility
with respect to, the solvency, financial condition, or statements of the
Company, or the validity and enforceability of the obligations of the Company in
respect of the Credit Agreement or any Note. The Assignee acknowledges that it
has, independently and without reliance on the Assignor, and based on such
documents and information as it has deemed appropriate, made its own credit
analysis and decision to enter into this Agreement and will continue to be
responsible for making its own independent appraisal of the business, affairs
and financial condition of the Company. 

    
SECTION 7. Governing
Law. This Agreement shall be governed by and
construed in accordance with the laws of the State of New York. 

    
SECTION 8. Counterparts. This Agreement may be signed in any number of counterparts,
each of which shall be an original, with the same effect as if the signatures
thereto and hereto were upon the same instrument. 

    
IN WITNESS WHEREOF, the parties have caused this Agreement to be executed
and delivered by their duly authorized officers as of the date first above
written. 

	[ASSIGNOR] 
		  
	By:     	 	 

____________________

    
* Amount should combine principal together with accrued
interest and breakage compensation, if any, to be paid by Assignee, net of any
portion of any upfront fee to be paid by the Assignor to the Assignee. It may be
preferable in an appropriate case to specify these amounts generically or by
formula rather than as a fixed sum. 

B-2 

		Title:	
	 	  	
	[ASSIGNEE]	
		  	
	By:		
		Title:	
		 	
		 	 
	[CITIBANK, N.A., as
      Agent]	
	By:		
		Title:	
	   	
	 	 	
	[ROCKWELL COLLINS,
      INC.]	
		 	
	By:        		
		Title:	]          
      	

B-3 

EXHIBIT C 

DESIGNATION AGREEMENT 

dated as of ____________, 201_

     Reference is
made to the Bridge Credit Agreement dated as of September 24, 2013 (as amended
from time to time, the “Credit
Agreement”), among Rockwell Collins, Inc., a
Delaware corporation (the “Company”), the Lenders party thereto
and Citibank, N.A., as Agent (the “Agent”). Terms defined in the Credit
Agreement are used herein with the same meaning. 

    
_________________ (the “Designator”) and ________________ (the
“Designee”)
agree as follows: 

    
1. The Designator designates the Designee as its Designated Lenders under
the Credit Agreement and the Designee accepts
such designation. 

    
2. The Designator makes no representations or warranties and assumes no
responsibility with respect to the financial condition of the Company or the
performance or observance by the Company of any of its obligations under the
Credit Agreement or any other instrument or document furnished pursuant thereto.

    
3. The Designee (a) confirms that it is an Eligible Designee; (b)
appoints and authorizes the Designator as its
administrative agent and attorney-in-fact and grants the Designator an
irrevocable power of attorney to receive payments made for the benefit of the
Designee under the Credit Agreement and to deliver and receive all
communications and notices under the Credit Agreement, if any, that the Designee
is obligated to deliver or has the right to receive thereunder; (c) acknowledges
that the Designator retains the sole right and responsibility to vote under the
Credit Agreement, including, without limitation, the right to approve any
amendment or waiver of any provision of the Credit Agreement; and (d) agrees
that the Designee shall be bound by all such votes, approvals, amendments and
waivers and all other agreements of the Designator pursuant to or in connection
with the Credit Agreement, all subject to Section 9.05 of the Credit Agreement.

    
4. The Designee (a) confirms that it has received a copy of the Credit
Agreement, together with copies of the most recent financial statements referred
to in Article 4 or delivered pursuant to Article 5 thereof and such other
documents and information as it has deemed appropriate to make its own credit
analysis and decision to enter into this Designation Agreement and (b) agrees
that it will, independently and without reliance upon the Agent, the Designator
or any other Lenders and based on such documents and information as it shall
deem appropriate at the time, continue to make its own credit decisions in
taking or not taking any action it may be permitted to take under the Credit
Agreement. 

    
5. Following the execution of this Designation Agreement by the
Designator and the Designee and the consent
hereto by the Company, it will be delivered to the Agent for its consent. This
Designation Agreement shall become effective when the Agent consents hereto or
on any later date specified on the signature page hereof. 

    
6. Upon the effectiveness hereof, the Designee shall have the right to
make the Loan or portions thereof as a Lender pursuant to Section 2.01 of the
Credit Agreement and the rights of a Lender related thereto. The making of any
such Loan or portions thereof by the Designee shall satisfy the obligations of
the Designator under the Credit Agreement to the same extent, and as if, such
Loan or portions thereof were made by the Designator. 

    
7. This Designation Agreement shall be governed by, and construed in
accordance with, the laws of the State of New York. 

    
IN WITNESS WHEREOF, the parties have caused this Designation Agreement to
be executed by their respective officers hereunto duly authorized, as of the
date first above written. 

Effective Date:
________________

	[NAME OF DESIGNATOR]
		 	
		 	
	By:       		
		Name:	 
		Title:	
		  	
	 
	[NAME OF DESIGNEE]
		 	
		 	
	By:		
		Name:	
		Title:	

    
The undersigned consent to the foregoing designation. 

	ROCKWELL COLLINS, INC.
		 	
		 	
	By:       		
		Name:	 
		Title:	
		  	
	 
	CITIBANK, N.A., as Agent
		 	
		 	
	By:		
		Name:	
		Title:

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