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EXHIBIT 10.36  

Humberto
Reyes 

 
 

Change of Control Retention and Severance Agreement    
    

        This Change of Control Retention and Severance Agreement (the "Agreement") is made and entered into as of  November 29, 2004 (the "Effective Date"), by and between Cepheid and Humberto Reyes (the
"Executive"). Capitalized terms used in this Agreement shall have the meanings set forth in Section 3 below. 

1.    Purpose.    The purpose of this Agreement is to encourage Executive to remain in the employ of the Company and to continue to
devote Executive's full attention to the success of the Company in the event of a Change of Control, as such term is defined in Section 3 of this Agreement. 

2.    Termination Upon Change of Control.    In the event of Executive's Termination Upon a Change of Control, Executive shall
receive the following payments and benefits: 

        2.1    Accrued Salary and Vacation, and Benefits.    Executive shall receive all salary and accrued vacation (less
applicable withholding) earned through Executive's termination date, and the benefits, if any, under Company benefit plans to which Executive may be entitled pursuant to the terms of such plans. 

        2.2    Stock Award Acceleration.    Provided that Executive complies with Section 5 below, all outstanding
stock options granted and restricted stock issued by the Company to Executive prior to the Change of Control shall become fully vested and exercisable immediately prior to the effective date of the
Termination Upon a Change of Control. 

        2.3    Cash Severance Payment.    Provided that Executive complies with Section 5 below, Executive shall
receive a lump sum cash payment in an amount equal to fifteen (15) months of Executive's effective base salary (less applicable withholding), paid within ten (10) business days of the
effective date of the Termination Upon a Change of Control. 

3.    Definitions.    Capitalized terms used in this Agreement shall have the meanings set forth in this Section 3. 

        3.1    "Cause" means Executive's (a) failure to perform any reasonable and lawful duty of Executive's position or failure
to follow the lawful written directions of the Chief Executive Officer; (b) commission of an act that constitutes misconduct and is injurious to the Company or any subsidiary;
(c) conviction of, or pleading "guilty" or "no contest" to, a felony under the laws of the United States or any state thereof; (d) committing an act of fraud against, or the
misappropriation of property belonging to, the Company or any subsidiary; (e) commission of an act of dishonesty in connection with Executive's responsibilities as an employee and affecting the
business or affairs of the Company; (f) breach of any confidentiality, proprietary information or other agreement between Executive and the Company or any subsidiary; or (g) failure or
refusal to carry out the reasonable directives of the Company. 

        3.2    "Change of Control" means (a) any "person" (as such term is used in Sections 13(d) and 14(d) of the Securities
Exchange Act of 1934, as amended (the "Exchange Act")), other than a trustee or other fiduciary holding securities of the Company under an employee
benefit plan of the Company, becomes the "beneficial owner" (as defined in Rule 13d-3 promulgated under the Exchange Act), directly or indirectly, of securities of the Company
representing 50% or more of (A) the outstanding shares of common stock of the Company or (B) the combined voting power of the Company's then outstanding securities; (b) the
Company is party to a merger or consolidation which results in the voting securities of the Company outstanding immediately prior thereto failing to continue to represent (either by remaining
outstanding or by being converted into voting securities of the surviving or another entity) at least fifty (50%) percent of the combined voting power of the voting securities of the Company or such
surviving or other entity outstanding immediately after such merger or consolidation; 

(c) the
sale or disposition of all or substantially all of the Company's assets (or consummation of any transaction having similar effect); or (d) the dissolution or liquidation of the
Company. 

        3.3    "Company" means Cepheid and any successor or assign to substantially all the business and/or assets of Cepheid. 

        3.4    "Diminution of Responsibilities" means the occurrence of any of the following conditions, without Executive's consent:
(a) a significant diminution in the nature or scope of Executive's authority, title, function or duties from Executive's authority, title, function or duties in effect immediately preceding any
Change of Control; (b) a ten percent (10%) reduction in Executive's base salary or a twenty-five percent (25%) reduction in Executive's target bonus opportunity, if any, in effect
immediately preceding any Change of Control (in either case, unless such reduction is part of a Company officer-wide program to reduce expenses); (c) the Company's requiring
Executive to be based at any office or location more than 50 miles from the office where Executive was employed immediately preceding the Change of Control; (d) any material breach of the terms
of this
Agreement by the Company; or (e) failure of any successor or assignee to the Company to assume this Agreement. 

        3.5    "Termination Upon Change of Control" means: 

        (a)   any
involuntary termination of the employment of Executive by the Company without Cause within twelve (12) months following a Change of Control; or 

        (b)   any
resignation by Executive based on a Diminution of Responsibilities where (i) such Diminution of Responsibilities occurs within twelve (12) months
following the Change of Control, and (ii) such resignation occurs within ninety (90) days following such Diminution of Responsibilities. 

4.    Federal Excise Tax.    If the payments and benefits provided for in this Agreement constitute "parachute payments" within the
meaning of the Internal Revenue Code of 1986, as amended (the "Code"), but for this Section 4, would be subject to the excise tax imposed by
Section 4999 of the Code, then the payments and benefits under this Agreement will be payable, at Executive's election, either in full or in such lesser amount as would result, after taking
into account the applicable federal, state and local income taxes and excise tax imposed by Section 4999 of the Code, in Executive's receipt on an after-tax basis of the greatest
amount of benefits. 

5.    Release of Claims.    The Company may condition the payments and benefits set forth in Sections 2.2 and 2.3 of this Agreement
upon the delivery by Executive of a signed release of claims in a form satisfactory to the Company. 

6.    Agreement Not to Solicit.    If Company performs its obligations to deliver the severance compensation set forth in Sections
2.2 and 2.3 of this Agreement, then for a period of one (1) year after Executive's termination of employment, Executive will not solicit any employee of the Company to discontinue that person's
employment relationship with the Company. 

7.    Arbitration.    Any claim, dispute or controversy arising out of this Agreement, the interpretation, validity or
enforceability of this Agreement or the alleged breach thereof shall be submitted by the parties to binding arbitration by the American Arbitration Association. The site of the arbitration proceeding
shall be in Santa Clara County, California, or another location mutually agreed to by the parties. 

8.    Conflict in Benefits; Effect of Agreement.    This Agreement shall supersede all prior arrangements, whether written or oral,
and understandings regarding severance compensation following a Change of Control and shall be the exclusive agreement for the determination of any severance compensation due upon Executive's
termination of employment upon a Change of Control. 

9.    Miscellaneous.    

        9.1    Successors of the Company.    The Company will require any successor or assign (whether direct or indirect, by
purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company, expressly, absolutely and unconditionally to assume and agree 

to
perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession or assignment had taken place. 

        9.2    No Employment Agreement.    This Agreement does not alter Executive's at-will employment status or
obligate the Company to continue to employ Executive for any specific period of time, or in any specific role or geographic location. 

        9.3    Modification of Agreement.    This Agreement may be modified, amended or superceded only by a written agreement
signed by Executive and the Chief Executive Officer. 

        9.4    Governing Law.    This Agreement shall be interpreted in accordance with and governed by the laws of the State
of California. 

	EXECUTIVE	 	CEPHEID
	

 	
 	

 	

 
	    
 Humberto Reyes	 	By:	    

	 	 	Name:	John L. Bishop

	

 	
 	

Title:	
Chief Executive Officer

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Change of Control Retention and Severance AgreementFY2004 10K Exhibit 10.25

Exhibit 10.25

AMENDED AND RESTATED

REVOLVING CREDIT AND TERM LOAN AGREEMENT

Dated as of November 17, 2004

by and among

WASTE CONNECTIONS, Inc.

AND ITS SUBSIDIARIES

(the "Borrowers")

THE LENDING INSTITUTIONS PARTY HERETO

(the "Lenders")

and

BANK OF AMERICA, N.A.,

as Administrative Agent

and

DEUTSCHE BANK TRUST COMPANY AMERICAS,

as Syndication Agent

With

BANC OF AMERICA SECURITIES LLC. and 

DEUTSCHE BANK SECURITIES INC.,

as Joint Lead Arrangers

and

WELLS FARGO BANK, CALYON NEW YORK BRANCH 

and UNION BANK of CALIFORNIA,

as Documentation Agents

 1.DEFINITIONS AND RULES OF INTERPRETATION1
 1.1.Definitions1

 1.2.Rules of Interpretation21

 2.THE REVOLVING CREDIT FACILITY22
 2.1.Commitment to Lend22

 2.2.Reduction of Total Revolving Credit Commitment23

 2.3.Evidence of Indebtedness; Revolving Credit Notes23

 2.4.Interest on Revolving Credit Loans24

 2.5.Requests for Revolving Credit Loans24

 2.6.Funds for Revolving Credit Loans25

 2.7.Maturity of the Revolving Credit Loans26

 2.8.Mandatory Repayments of the Revolving Credit Loans26

 2.9.Optional Prepayments or Repayments of Revolving Credit Loans26

 2.10.Swing Line Loans; Settlements27

 3.LETTERS OF CREDIT29
 3.1.Letter of Credit Commitments29
 3.1.1.Commitment to Issue Letters of Credit29

 3.1.2.Letter of Credit Applications30

 3.1.3.Terms of Letters of Credit31

 3.1.4.Reimbursement Obligations of Lenders31

 3.1.5.Participations of Lenders32

 3.1.6.Existing Letters of Credit32

 3.1.7.Auto Extension Letters of Credit32

 3.2.Reimbursement Obligation of the Borrowers33

 3.3.Letter of Credit Payments34

 3.4.Obligations Absolute34

 3.5.Role of Issuing Lender35

 3.6.Letter of Credit Amounts36

 3.7.Applicability of ISP36

 4.THE TERM LOAN FACILITY36
 4.1.Commitment to Lend36

 4.2.Evidence of Indebtedness; Term Notes36

 4.3.Scheduled Installment Payments of Principal of Term Loan37

 4.4.Mandatory Prepayments of Loans37
 4.4.1.Mandatory Prepayments37

 4.4.2.Application of Payments37

 4.5.Optional Prepayment of Term Loan38

 4.6.Interest on Term Loan38

 4.7.Pari Passu Treatment of Term Loans38

 5.FEES, PAYMENTS, AND COMPUTATIONS; JOINT AND SEVERAL LIABILITY39
 5.1.Fees39

 5.2.Payments39

 5.3.Computations41

 5.4.Capital Adequacy41

 5.5.Certificate42

 5.6.Interest on Overdue Amounts42

 5.7.Interest Limitation42

 5.8.Election of Eurodollar Rate; Notice of Election; Interest Periods; Minimum
Amounts42

 5.9.Eurodollar Indemnity43

 5.10.Illegality; Inability to Determine Eurodollar Rate44

 5.11.Additional Costs, Etc44

 5.12.Replacement of Lenders45

 5.13.Concerning Joint and Several Liability of the Borrowers46

 6.REPRESENTATIONS AND WARRANTIES49
 6.1.Corporate Authority49

 6.2.Governmental Approvals50

 6.3.Title to Properties; Leases50

 6.4.Financial Statements; Solvency50

 6.5.No Material Changes, Etc50

 6.6.Permits, Franchises, Patents, Copyrights, Etc51

 6.7.Litigation51

 6.8.No Materially Adverse Contracts, Etc51

 6.9.Compliance With Other Instruments, Laws, Etc51

 6.10.Tax Status51

 6.11.No Event of Default51

 6.12.Holding Company and Investment Company Acts51

 6.13.Absence of Financing Statements, Etc52

 6.14.Employee Benefit Plans52

 6.15.Use of Proceeds53
 6.15.1.General53

 6.15.2.Regulations U and X53

 6.15.3.Ineligible Securities53

 6.16.Environmental Compliance53

 6.17.Perfection of Security Interests54

 6.18.Transactions with Affiliates54

 6.19.Subsidiaries54

 6.20.True Copies of Charter and Other Documents54

 6.21.Disclosure55

 6.22.Capitalization55

 6.23.Foreign Assets Control Regulations, Etc55

 6.24.Guarantees of Excluded Subsidiaries56

 7.AFFIRMATIVE COVENANTS OF THE BORROWERS56
 7.1.Punctual Payment56

 7.2.Maintenance of Offices56

 7.3.Records and Accounts56

 7.4.Financial Statements, Certificates and Information56

 7.5.Legal Existence and Conduct of Business58

 7.6.Maintenance of Properties58

 7.7.Insurance58

 7.8.Taxes59

 7.9.Inspection of Properties, Books, and Contracts59

 7.10.Compliance with Laws, Contracts, Licenses and Permits; Maintenance of Material
Licenses and Permits59

 7.11.Environmental Indemnification60

 7.12.Further Assurances60

 7.13.Notice of Potential Claims or Litigation60

 7.14.Notice of Certain Events Concerning Insurance and Environmental Claims60

 7.15.Notice of Default61

 7.16.New Subsidiaries61

 7.17.Employee Benefit Plans62

 7.18.Notice of Permitted Debt Offerings62

 8.CERTAIN NEGATIVE COVENANTS OF THE BORROWERS62
 8.1.Restrictions on Indebtedness62

 8.2.Restrictions on Liens63

 8.3.Restrictions on Investments65

 8.4.Merger, Consolidation and Disposition of Assets67
 8.4.1.Mergers and Acquisitions67

 8.4.2.Disposition of Assets68

 8.5.Sale and Leaseback68

 8.6.Restricted Payments and Redemptions69

 8.7.Employee Benefit Plans69

 8.8.Negative Pledges70

 8.9.Business Activities70

 8.10.Transactions with Affiliates70

 8.11.Subordinated Debt70

 9.FINANCIAL COVENANTS71
 9.1.Leverage Ratio71

 9.2.Senior Funded Debt to EBITDA71

 9.3.Interest Coverage Ratio71

 9.4.Consolidated Net Worth71

 9.5.Capital Expenditures71

 10.CLOSING CONDITIONS71
 10.1.Corporate Action71

 10.2.Loan Documents, Etc72

 10.3.Certificate of Secretary; Good Standing Certificates72

 10.4.Validity of Liens72

 10.5.Perfection Certificates and UCC Search Results72

 10.6.Certificates of Insurance72

 10.7.Legal Opinions73

 10.8.Environmental Permit Certificate73

 10.9.Payment of Fees73

 10.10.  Closing Certificate73

 10.11.  Compliance Certificate73

 10.12.  Subordinated Debt73

 10.13.  Payoff73

 10.14.  Closing Documentation, Etc74

 11.CONDITIONS OF ALL LOANS74
 11.1.Representations True; No Event of Default74

 11.2.Performance; No Event of Default74

 11.3.No Legal Impediment74

 11.4.Governmental Regulation74

 11.5.Proceedings and Documents74

 12.COLLATERAL SECURITY75

 13.EVENTS OF DEFAULT; ACCELERATION; TERMINATION OF COMMITMENT76
 13.1.Events of Default and Acceleration76

 13.2.Termination of Commitments79

 13.3.Remedies79

 13.4.Distribution of Collateral Proceeds79

 14.SETOFF80

 15.THE ADMINISTRATIVE AGENT81
 15.1.Appointment and Authorization81

 15.2.Rights as a Lender81

 15.3.Exculpatory Provisions82

 15.4.Reliance by Administrative Agent83

 15.5.Delegation of Duties83

 15.6.Resignation of Administrative Agent83

 15.7.Non-Reliance on Administrative Agent and Other Lenders84

 15.8.No Other Duties, Etc84

 15.9.Closing Documentation, Etc84

 15.10.  Payments85
 15.10.1.Payments to Administrative Agent85

 15.10.2.Distribution by Administrative Agent85

 15.10.3.Delinquent Lenders85

 15.11.  Holders of Notes86

 15.12.  Indemnity86

 15.13.  Notification of Defaults and Events of Default86

 15.14.  Duties in the Case of Enforcement86

 15.15.  Administrative Agent May File Proofs of Claim87

 15.16.  Duties of Syndication Agent and Documentation Agents88

 16.EXPENSES AND INDEMNIFICATION88
 16.1.Expenses88

 16.2.Indemnification89

 16.3.Survival89

 17.SURVIVAL OF COVENANTS, ETC.89

 18.ASSIGNMENTS AND PARTICIPATION90

 19.PARTIES IN INTEREST94

 20.NOTICES, ETC94
 20.1.Notices Generally94

 20.2.Electronic Communications95

 21.TREATMENT OF CERTAIN CONFIDENTIAL INFORMATION95
 21.1.Prior Notification96

 21.2.Other96

 22.MISCELLANEOUS96

 23.ENTIRE AGREEMENT, ETC97

 24.WAIVER OF JURY TRIAL97

 25.GOVERNING LAW97

 26.Consents, Amendments, Waivers, Etc98

 27.Borrowers' Representative99

 28.Severability99

 29.EXISTING Credit Agreement100
 29.1.Existing Credit Agreement Superseded100

 29.2.Interest and Fees under Superseded Agreement100

 30.USA PATRIOT ACT100

Schedules & Exhibits
Exhibit AForm of Loan and Letter of Credit Request

Exhibit BForm of Compliance Certificate

Exhibit CForm of Environmental Compliance Certificate

Exhibit DForm of Assignment and Acceptance

Exhibit EForm of Joinder Agreement

Exhibit FForm of Instrument of Accession

Schedule 1Lenders; Addresses; Commitment Percentages

Schedule 2Subsidiaries

Schedule 3.1Letters of Credit

Schedule 4.3Term Loan Installment Payments

Schedule 6.7Litigation

Schedule 6.16Environmental Matters

Schedule 6.18Transactions with Affiliates

Schedule 7.7Self Insurance Programs

Schedule 8.2(j)Scheduled Contracts

Schedule 8.2(k)Existing Liens

Schedule 8.3Existing Investments

AMENDED AND RESTATED REVOLVING 

CREDIT AND TERM LOAN AGREEMENT

This AMENDED AND RESTATED REVOLVING CREDIT AND TERM LOAN AGREEMENT
is made as of November 17, 2004 (the "Credit Agreement"), by and among
(a)  WASTE CONNECTIONS, INC., a Delaware corporation (the "Parent"),
the Subsidiaries of the Parent identified on Schedule 2 hereto (collectively with the
Parent, the "Borrowers"), (b) BANK OF AMERICA, N.A., a national
banking association having a place of business at 100 Federal Street, Boston, Massachusetts 02110
(acting in its individual capacity, "Bank of America"), and the
other banks and lending institutions which are identified on Schedule 1 attached hereto
(collectively, the "Lenders"), (c) BANK OF AMERICA, N.A., as
administrative agent for the Lenders (the "Administrative Agent"), and (d)
DEUTSCHE BANK TRUST COMPANY AMERICAS, as syndication agent for the Lenders (the
"Syndication Agent").

W I T N E S S E
T H:

WHEREAS, the Borrowers and the Administrative Agent are party to that
certain Amended and Restated Revolving Credit Agreement dated as of October 22, 2003, (as amended
and in effect as of the date hereof, the "Existing Credit
Agreement"); and

WHEREAS, the Borrowers have requested, among other things, additional
financing and the Lenders are willing to provide such financing on the terms and conditions set
forth herein;

NOW, THEREFORE, in consideration of the foregoing, the mutual covenants
and agreements set forth herein below, and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree that on the Closing Date,
the Existing Credit Agreement shall be amended and restated in its entirety by this Credit
Agreement, the terms of which are as follows:

	DEFINITIONS AND RULES OF INTERPRETATION.

	Definitions.

The following terms shall have the meanings set forth in this  1 or elsewhere in
the provisions of this Credit Agreement referred to below:

Acceding Lender.  See  18(g).

Accountants.  An independent accounting firm of national standing
reasonably acceptable to the Required Lenders and the Administrative Agent.

Administrative Agent.  See Preamble.

Administrative Agent's Office. The Administrative Agent's
office located at 100 Federal Street, Boston, Massachusetts 02110, or such other location as the
Administrative Agent may designate from time to time

Affected Lender.  See  5.12.

Affiliate.  Any Person that would be considered to be an affiliate of any
other Person under Rule 144(a) of the Rules and Regulations of the Securities and Exchange
Commission, as in effect on the date hereof, if such other Person were issuing securities.

Applicable Base Rate Margin.  The applicable margin
with respect to Base Rate Loans as set forth in the Pricing Table.

Applicable Commitment Rate.  The applicable rate with
respect to the Commitment Fee as set forth in the Pricing Table.

Applicable Eurodollar Margin.  The applicable margin with respect to
Eurodollar Loans as set forth in the Pricing Table.

Applicable Laws.  See  7.10.

Applicable L/C Margin.  The applicable margin with respect to the Letter
of Credit Fee as set forth in the Pricing Table.

Approved Fund.  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.

Assignment and Acceptance.  See  18(a).

Balance Sheet Date.  December 31, 2003.

Bank of America.  See Preamble.

Base Rate. For any day a fluctuating rate per annum equal to the higher
of (a) the Federal Funds Rate plus one half of one percent (0.5%) and (b) the rate of interest in
effect for such day as publicly announced from time to time by Bank of America as its "prime
rate."  The "prime rate" is a rate set by Bank of America based upon various factors
including Bank of America's costs and desired return, general economic conditions and other
factors, and is used as a reference point for pricing some loans, which may be priced at, above, or
below such announced rate.  Any change in such rate announced by Bank of America shall take effect
at the opening of business on the date specified in the public announcement of such change.

Base Rate Loans.  Loans bearing interest calculated by
reference to the Base Rate.

Borrowers.  The Parent and the Subsidiaries other than the Excluded
Subsidiaries.

Business Day.  Any day on which banking institutions in Boston,
Massachusetts and New York, New York are open for the transaction of banking business.

Capital Assets.  Fixed assets, both tangible (such as land, buildings,
fixtures, machinery and equipment) and intangible (such as patents, copyrights, trademarks,
franchises and goodwill); provided that Capital Assets shall not include (a) any item
customarily charged directly to expense or depreciated over a useful life of twelve (12) months or
less in accordance with generally accepted accounting principles, or (b) any item obtained
through an acquisition permitted by  8.4 hereof.

Capital Expenditures.  Amounts paid or indebtedness
incurred by the Borrowers and their Subsidiaries in connection with (i) the purchase or lease of
Capital Assets that would be required to be capitalized and shown on the balance sheet of such
Person in accordance with GAAP or (ii) the lease of any assets by the Borrowers or any Subsidiary
as lessee under any Synthetic Lease to the extent that such assets would have been Capital Assets
had the Synthetic Lease been treated for accounting purposes as a Capitalized Lease.

Capital Stock.  Any and all shares, interests, participations or
other equivalents (however designated) of capital stock of a corporation, any and all equivalent
ownership interests in a Person (other than a corporation) and any and all warrants, rights or
options to purchase any of the foregoing.

Capitalized Leases.  Leases under which any Borrower is the lessee or
obligor, the discounted future rental payment obligations under which are required to be
capitalized on the balance sheet of the lessee or obligor in accordance with GAAP.

CERCLA.  See definition of Release.

Certified.  With respect to the financial statements of any Person, such
statements as audited by a firm of independent auditors, whose report expresses the opinion,
without qualification, that such financial statements present fairly the financial position of such
Person.

CFO.  See  7.4(b).

Closing Date.  The date on which the conditions precedent set
forth in  10 are satisfied.

Code.  The Internal Revenue Code of 1986, as amended and in effect from
time to time.

Collateral.  All of the property, rights and interests of the Borrowers
that are or are intended to be subject to the security interests created by the Security
Documents.

Commitment. With respect to each Revolving Credit Lender, the amount
determined by multiplying such Lender's Commitment Percentage by the Total Revolving Credit
Commitment, as the same may be increased or reduced from time to time pursuant to the provisions
hereof, or if such Commitment is terminated pursuant to the provisions hereof, zero.

Commitment Fee.  See  5.1.

Commitment Percentage.  With respect to each Revolving Credit
Lender, the percentage set forth on Schedule 1 hereto as such Lender's
percentage of the Total Revolving Credit Commitment (subject to adjustment in accordance with
 18).

Compliance Certificate.  See  7.4(c).

Consolidated or consolidated.  With reference to any term defined
herein, shall mean that term as applied to the accounts of the Parent and its Subsidiaries
consolidated in accordance with GAAP.

Consolidated Earnings Before Interest and Taxes or EBIT.  For any period,
the Consolidated Net Income (or Deficit) of the Borrowers determined in accordance with GAAP,
plus (a) interest expense, (b) income taxes, (c) non-cash stock compensation charges, to the
extent that such charges were deducted in determining Consolidated Net Income (or Deficit), all as
determined in accordance with GAAP, (d) minority interest expense, (e) non-cash extraordinary non-
recurring writedowns or writeoffs of assets, including non-cash losses on the sale of assets
outside the ordinary course of business, (f) any losses associated with the extinguishment of
Indebtedness of the Borrowers, (g) special charges relating to the termination of a Swap Contract
and (h) any accrued settlement payments in respect of any Swap Contract owing by the Borrowers
minus (i) non-cash extraordinary gains on the sale of assets to the extent included in
Consolidated Net Income (or Deficit) and (j) any accrued settlement payments in respect of any Swap
Contact payable to the Borrowers.

Consolidated Earnings Before Interest, Taxes,
Depreciation, and Amortization or EBITDA.  For any period (without duplication), (a) EBIT
plus the depreciation expense and amortization expense, to the extent that each was
deducted in determining Consolidated Net Income (or Deficit), determined in accordance with GAAP,
plus (b) the depreciation expense and amortization expense (without duplication) of any
company whose EBIT was included under clause (c) hereof, plus (c) EBIT for the prior twelve
(12) months of companies acquired by the Borrowers during the respective reporting period (without
duplication) provided that (i) the financial statements of such acquired companies
have been audited for the period sought to be included by an independent accounting firm
satisfactory to the Administrative Agent, or (ii) the Administrative Agent consents to such
inclusion after being furnished with other acceptable financial statements, and provided
further that such acquired EBIT may be further adjusted to add-back non-recurring private
company expenses which are discontinued upon acquisition (such as owner's compensation), as
approved by the Administrative Agent.  Simultaneously with the delivery of the financial statements
referred to in (i) and (ii) above, the CFO of the Parent shall deliver to the Administrative Agent
a Compliance Certificate and appropriate documentation certifying the historical operating results,
adjustments and balance sheet of the acquired company.

Consolidated Net Income (or Deficit).  The
consolidated net income (or deficit) of the Borrowers after deduction of all expenses, taxes, and
other proper charges, determined in accordance with GAAP.

Consolidated Net Worth.  The excess of Consolidated Total Assets over
Consolidated Total Liabilities, less, to the extent otherwise includable in the computation
of Consolidated Net Worth, any subscriptions receivable.

Consolidated Total Assets.  All assets of the Borrowers
determined on a consolidated basis in accordance with GAAP.

Consolidated Total Funded Debt.  With respect to the
Borrowers and any Receivables SPV, the sum, without duplication, of (a) the aggregate amount of
Indebtedness of the Borrowers on a consolidated basis, relating to (i) the borrowing of money or
the obtaining of credit, including the issuance of notes, bonds, debentures or similar debt
instruments, (ii) in respect of any Capitalized Leases and Synthetic Leases, (iii) the non-
contingent deferred purchase price of assets and companies (typically known as holdbacks) to the
extent recognized as a liability of any Borrower in accordance with GAAP, but excluding (A) short-
term trade payables incurred in the ordinary course of business and (B) the Pierce County Put, and
(iv) any unpaid reimbursement obligations with respect to letters of credit outstanding, but
excluding any contingent obligations with respect to letters of credit outstanding; plus (b)
Indebtedness of the type referred to in clause (a) of another Person who is not a Borrower
guaranteed by the Borrowers.

Consolidated Total Interest Expense.  For any period, the aggregate
amount of interest required to be paid or accrued by the Borrowers during such period on all
Indebtedness of the Borrowers outstanding during all or any part of such period, whether such
interest was or is required to be reflected as an item of expense or capitalized, including
payments consisting of interest in respect of any Capitalized Lease or any Synthetic Lease and
including commitment fees, agency fees, facility fees, balance deficiency fees and similar fees or
expenses in connection with the borrowing of money, but (a) excluding (i) any amortization
and other non-cash charges or expenses incurred during such period to the extent included in
determining consolidated interest expense, including without limitation, non-cash amortization of
deferred debt origination and issuance costs and amortization of accumulated other comprehensive
income, (ii) all amounts associated with the unwinding or termination of any Swap Contract, (iii)
any accrued settlement payments in respect of any Swap Contract payable to the Borrowers and (iv)
to the extent included as an item of interest expense, any premium paid to repurchase or redeem any
of the Convertible Subordinated Notes, and (b) including any accrued settlement payments in
respect of any Swap Contract owing by the Borrowers.

Consolidated Total Liabilities.  All liabilities of the Borrowers and any
Receivables SPV determined on a consolidated basis in accordance with GAAP and classified as such
on the consolidated balance sheet of the Borrowers.

Conversion Request.  A notice given by the Borrowers to the
Administrative Agent of the Borrowers' election to convert or continue a Loan in accordance with
 5.8.

Convertible Subordinated Notes.  The 2022 Convertible
Subordinated Notes or any replacement of the 2022 Convertible Subordinated Notes effectuated in
accordance with  8.11 herein.

Credit Agreement.  See Preamble.

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

Default.  See  13.

Delinquent Lender.  See  15.5.3.

Disposal (or Disposed).  See definition of Release.

Distribution.  The declaration or payment of any dividend or distribution
on or in respect of any shares of any class of Capital Stock (other than dividends or other
distributions payable solely in shares of Capital Stock); the purchase, redemption, or other
retirement of any shares of any class of Capital Stock, directly or indirectly through a Subsidiary
or otherwise; the return of equity capital by any Person to its shareholders, partners or members
as such; or any other distribution on or in respect of any shares of any class of Capital
Stock.

Dollars or $.  Dollars in lawful currency of the United States of
America.

Drawdown Date.  The date on which any Loan is made or is to be
made, and the date on which any Loan is converted or continued in accordance with  5.8, or the date
that any draft or other form of demand for payment is honored with respect to a Letter of
Credit.

Eligible Assignee.  Any of (a) a Lender, (b) an Affiliate of a Lender,
(c) an Approved Fund and (d) any other Person (other than a natural person) approved by (i) the
Administrative Agent and (ii) unless a Default or an Event of Default has occurred and is
continuing, the Parent (each such approval not to be unreasonably withheld or delayed); provided
that notwithstanding the foregoing, "Eligible Assignee" shall not include the Borrowers,
or their Subsidiaries or any of their Affiliates.

Eligible Foreign Lender.  (a) Any commercial bank organized under the
laws of any other country which is a member of the Organization for Economic Cooperation and
Development (the "OECD"), or a political subdivision of any such country,
provided that such bank is acting through a branch or agency located in the country
in which it is organized or another country which is also a member of the OECD; or (b) the central
bank of any country which is a member of the OECD.

Employee Benefit Plan.  Any employee benefit plan within
the meaning of  3(3) of ERISA maintained or contributed to by the Borrowers or any ERISA Affiliate,
other than a Guaranteed Pension Plan or a Multiemployer Plan.

Environmental Laws.  See  6.16(a).

EPA.  See  6.16(b).

ERISA.  The Employee Retirement Income Security Act of 1974, as amended
and in effect from time to time.

ERISA Affiliate.  Any Person which is treated as a single employer
with the Borrowers under  414 of the Code.

ERISA Reportable Event.  A reportable event with respect to
a Guaranteed Pension Plan within the meaning of  4043 of ERISA and the regulations promulgated
thereunder.

Eurocurrency Reserve Percentage.  The maximum percentage
(expressed as a decimal rounded upward to the nearest 1/100 of 1%) as determined by Administrative
Agent which is in effect during any relevant period, as prescribed by the Board of Governors of the
Federal Reserve System (or any successor) for determining the reserve requirements (including
supplemental, marginal and emergency reserve requirements) with respect to eurocurrency funding
(currently referred to as "Eurocurrency Liabilities") of a member bank in such
system.

Eurodollar Business Day.  Any day on which commercial banks
are open for international business (including dealings in Dollar deposits) in London or such other
eurodollar interbank market as may be selected by the Administrative Agent in its sole discretion
acting in good faith.

Eurodollar Interest Determination Date.  For any
Interest Period, the date two Eurodollar Business Days prior to the first day of such Interest
Period.

Eurodollar Loans.  Revolving Credit Loans and all or any portion
of the Term Loan bearing interest calculated by reference to the Eurodollar Rate.

Eurodollar Rate.  For any Interest Period with respect to a
Eurodollar Loan denominated in Dollars, the interest rate per annum determined by the
Administrative Agent by dividing (the resulting quotient rounded upward to the nearest 1/100 of 1%
per annum) (a) the rate of interest determined by the Administrative Agent (which determination
shall be conclusive absent manifest error) to be the average of the London interbank offered rates
of interest per annum for U.S. Dollars set forth on Moneyline Telerate
Page 3750 or such other display page on the Moneyline Telerate system as may replace such page
to evidence the average of rates quoted by banks designated by the British Bankers' Association (or
appropriate successor or, if the British Bankers' Association or its successor ceases to provide
such quotes, a comparable replacement determined by the Administrative Agent) at 11:00 a.m. (London
time) two (2) Business Days prior to the first day of such Interest Period for an amount comparable
to such Eurodollar Loan and having a borrowing date and a maturity comparable to such Interest
Period or if the applicable display page shall not be available, the rate per annum determined by
the Administrative Agent as the rate of interest at which deposits in the relevant currency for
delivery on the first day of such Interest Period in same day funds in the approximate amount of
the Eurodollar Loan being made, continued or converted by Bank of America and with a term
equivalent to such Interest Period would be offered by Bank of America's London Branch (or other
Bank of America branch or Affiliate) to major banks in the London or other offshore interbank
market for such currency at their request at approximately 11:00 a.m. (London time) two Business
Days prior to the first day of such Interest Period, by (b) a number equal to 1.00 minus the
Eurocurrency Reserve Percentage.  The Eurodollar Rate may also be expressed by the following
formula:

Moneyline Telerate Page 3750 quoted by British 

Eurodollar Rate  =Bankers' Association or appropriate successor

1.00 - Eurocurrency Reserve Percentage

Event of Default.  See  13.

Evergreen Option. The option of the Parent to acquire up to 299.5
shares of Class A Common Stock of Evergreen National Indemnity Company, an Ohio property and
casualty insurance company d/b/a Evergreen/UNI ("Evergreen"), up to 2,088.5 shares
of Class B Common Stock of Evergreen and up to one-half share of Class C Common Stock of Evergreen
on or before March 31, 2008.

Evergreen Shares. Collectively, the 299.5 shares of Class A Common Stock
of Evergreen, 2,088.5 shares of Class B Common Stock of Evergreen and one-half share of the Class C
Common Stock of Evergreen currently owned by the Parent and pledged to Evergreen.

Excluded Assets.  The containers, vehicles, equipment and inventory in
which the Lenders are precluded from taking a security interest pursuant to any Scheduled Contract
during the term of such Scheduled Contract.

Excluded Subsidiaries.  Each of the Subsidiaries listed on
Schedule 2 hereto under the heading "Excluded Subsidiaries".

Existing Credit Agreement.  See preamble.

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

Fees.  Collectively, the Commitment Fee, the Letter of Credit Fees, the
fees payable pursuant to the fee letters, and any other fees payable hereunder or under the other
Loan Documents.

Financial Affiliate.  A subsidiary of the bank holding company
controlling any Lender, which subsidiary is engaging in any of the activities permitted by  4(e) of
the Bank Holding Company Act of 1956 (12 U.S.C.  1843).

Financial Letter of Credit.  A Letter of Credit where
the event which triggers payment is financial, such as the failure to pay money, and not
performance-related, such as failure to ship a product or provide a service, as set forth in
greater detail in the letter dated March 30, 1995 from the Board of Governors of the Federal
Reserve System or in any applicable directive or letter ruling of the Board of Governors of the
Federal Reserve System issued subsequent thereto.

Fund.  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.

generally accepted accounting
principles or GAAP. Generally accepted accounting principles in the United
States of America.  Except as otherwise expressly provided herein, all terms of an accounting or
financial nature shall be construed in accordance with GAAP, as in effect from time to time;
provided that if the Borrowers notify the Administrative Agent that the Borrowers
request an amendment to any provision hereof to eliminate the effect of any change occurring after
December 31, 2003 in GAAP or in the application thereof on the operation of such provision (or if
the Administrative Agent notifies the Borrowers that the Required Lenders request an amendment to
any provision hereof for such purpose), regardless of whether any such notice is given before or
after such change in GAAP or in the application thereof, then such provision shall be interpreted
on the basis of GAAP as in effect and applied immediately before such change shall have become
effective until such provision has been amended in accordance herewith.

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

Guaranteed Pension Plan.  Any employee pension benefit plan
within the meaning of  3(2) of ERISA maintained or contributed to by the Borrowers or any ERISA
Affiliate, the benefits of which are guaranteed on termination in full or in part by the PBGC
pursuant to Title IV of ERISA, other than a Multiemployer Plan.

Hazardous Substances.  Any hazardous waste, as
defined by 42 U.S.C.  6903(5), any hazardous substances as defined by 42 U.S.C.  9601(14), any
pollutant or contaminant as defined by 42 U.S.C.  9601(33) and any toxic substances, oil or
hazardous materials or other chemicals or substances regulated by any Environmental Laws.

Indebtedness.  As to any Person and
whether recourse is secured by or is otherwise available against all or only a portion of the
assets of such Person and whether or not contingent, but without duplication:

	every obligation of such Person for money borrowed,

	every obligation of such Person evidenced by bonds, debentures, notes or
other similar instruments, including obligations incurred in connection with the acquisition of
property, assets or businesses,

	every reimbursement obligation of such Person with respect to letters of
credit, bankers' acceptances or similar facilities issued for the account of such Person,

	the net present value (using the Base Rate as the discount rate) of every
obligation of such Person issued or assumed as the deferred purchase price of property or services
(including securities repurchase agreements but excluding (A) trade accounts payable or accrued
liabilities arising in the ordinary course of business which are not overdue or which are being
contested in good faith and (B) contingent purchase price obligations solely to the extent that the
contingency upon which such obligation is conditioned has not yet occurred),

	every obligation of such Person under any Capitalized Lease,

	every obligation of such Person under any Synthetic Lease,

	all sales by such Person of (A) accounts or general intangibles for money
due or to become due, (B) chattel paper, instruments or documents creating or evidencing a right to
payment of money or (C) other receivables (collectively, "Receivables"), whether
pursuant to a purchase facility or otherwise, other than in connection with the disposition of the
business operations of such Person relating thereto or a disposition of defaulted Receivables for
collection and not as a financing arrangement, and together with any obligation of such Person to
pay any discount, interest, fees, indemnities, penalties, recourse, expenses or other amounts in
connection therewith, provided, however, that sales referred to in clauses (B) and (C) shall
not constitute Indebtedness to the extent that such sales are non-recourse to such Person;

	every obligation of such Person (an "equity related purchase
obligation") to purchase, redeem, retire or otherwise acquire for value any Capital Stock of
any class issued by such Person, or any rights measured by the value of such Capital
Stock,

	every obligation of such Person under any forward contract, futures
contract, swap, option or other financing agreement or arrangement (including, without limitation,
caps, floors, collars and similar agreements), the value of which is dependent upon interest rates,
currency exchange rates, commodities or other indices,

	every obligation in respect of Indebtedness of any other entity (including
any partnership in which such Person is a general partner) to the extent that such Person is liable
therefor as a result of such Person's ownership interest in or other relationship with such entity,
except to the extent that the terms of such Indebtedness provide that such Person is not liable
therefor and such terms are enforceable under applicable law,

	every obligation, contingent or otherwise, of such Person guaranteeing, or
having the economic effect of guaranteeing or otherwise acting as surety for, any obligation of a
type described in any of clauses (i) through (x) (the "primary obligation") of another
Person (the "primary obligor"), in any manner, whether directly or indirectly, and
including, without limitation, any obligation of such Person (A) to purchase or pay (or advance or
supply funds for the purchase of) any security for the payment of such primary obligation, (B) to
purchase property, securities or services for the purpose of assuring the payment of such primary
obligation, or (C) to maintain working capital, equity capital or other financial statement
condition or liquidity of the primary obligor so as to enable the primary obligor to pay such
primary obligation.

The "amount" or "principal amount" of any Indebtedness at
any time of determination represented by (v) any Indebtedness, issued at a price that is less than
the principal amount at maturity thereof, shall be the amount of the liability in respect thereof
determined in accordance with generally accepted accounting principles, (w) any Capitalized Lease
shall be the principal component of the aggregate of the rentals obligation under such Capitalized
Lease payable over the term thereof that is not subject to termination by the lessee, (x) any sale
of Receivables shall be the amount of unrecovered capital or principal investment of the purchaser
(other than the Borrowers) thereof, excluding amounts representative of yield or interest earned on
such investment, (y) any Synthetic Lease shall be the stipulated loss value, termination value
or other equivalent amount and (z) any equity related purchase obligation shall be the maximum
fixed redemption or purchase price thereof inclusive of any accrued and unpaid dividends to be
comprised in such redemption or purchase price.

Ineligible Securities.  Securities which may not be underwritten
or dealt in by member banks of the Federal Reserve System under Section 16 of the Banking Act
of 1993 (12 U.S.C.  24, Seventh), as amended.

Instrument of Accession.  See  18(g).

Interest Payment Date. (a) As to any Base Rate Loan, the
last Business Day of each calendar quarter with respect to interest accrued during such calendar
quarter, including, without limitation, the calendar quarter which includes the Drawdown Date of
such Base Rate Loan; (b) as to any Eurodollar Loan in respect of which the Interest Period is (i) 3
months or less, the last day of such Interest Period and (ii) more than 3 months, the date that is
3 months from the first day of such Interest Period and, in addition, the last day of such Interest
Period; and (c) with respect to all Revolving Credit Loans and Swing Line Loans, the Revolving
Credit Maturity Date.

Interest Period.  With respect to each Revolving Credit Loan
or all or any relevant portion of the Term Loan, (a) initially, the period commencing on the
Drawdown Date of such Loan and ending on the last day of one of the periods set forth below, as
selected by the Borrowers in a Loan Request or as otherwise required by the terms of this Credit
Agreement (i) for any Base Rate Loan, the last day of the calendar quarter; and (ii) for any
Eurodollar Loan, one (1), two (2), three (3) or six (6) months; and (b) thereafter, each period
commencing on the last day of the next preceding Interest Period applicable to such Revolving
Credit Loan or all or such portion of the Term Loan and ending on the last day of one of the
periods set forth above, as selected by the Borrowers in a Conversion Request; provided that
all of the foregoing provisions relating to Interest Periods are subject to the following:

	if any Interest Period with respect to a Eurodollar Loan would otherwise end
on a day that is not a Eurodollar Business Day, that Interest Period shall be extended to the next
succeeding Eurodollar Business Day unless the result of such extension would be to carry such
Interest Period into another calendar month, in which event such Interest Period shall end on the
immediately preceding Eurodollar Business Day;

	if any Interest Period with respect to a Base Rate Loan would end on a day
that is not a Business Day, that Interest Period shall end on the next succeeding Business
Day;

	if the Borrowers shall fail to give notice as provided in  2.5, the
Borrowers shall be deemed to have requested a conversion of the affected Eurodollar Loan to a Base
Rate Loan and the continuance of all Base Rate Loans as Base Rate Loans on the last day of the then
current Interest Period with respect thereto;

	any Interest Period relating to any Eurodollar Loan that begins on the last
Eurodollar 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
Eurodollar Business Day of a calendar month; and

	any Interest Period that would otherwise extend beyond the Revolving Credit
Loan Maturity Date (if comprising a Revolving Credit Loan) or the Term Loan Maturity Date (if
comprising the Term Loan or a portion thereof) shall end on the Revolving Credit Loan Maturity Date
or (as the case may be) the Term Loan Maturity Date.

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

Interim Balance Sheet Date.  June 30, 2004.

IRB Letters of Credit.  See  3.1(a).

Issuer Documents.  With respect to any Letter of Credit, the
Letter of Credit Application, and any other document, agreement and instrument entered into by the
Issuing Lender and the Borrowers or in favor of the Issuing Lender and relating to any such Letter
of Credit.

Issuing Lender.  Bank of America.

Joint Lead Arrangers.  Banc of America Securities LLC and
Deutsche Bank Securities Inc.

L/C Supported IRBs.  Industrial revenue bonds or solid
waste disposal bonds issued by or at the request of the Borrowers which are backed by IRB Letters
of Credit issued hereunder.

Lenders. The lending institutions listed on Schedule 1
hereto and any other Person who becomes an assignee of any rights and obligations of a Lender or
becomes a Lender pursuant to  4.7 or  18.

Letter of Credit Applications.
Letter of Credit Applications in such form as may be agreed upon by the Borrowers and the
Administrative Agent from time to time which are entered into pursuant to  3 hereof, as such Letter
of Credit Applications are amended, varied or supplemented from time to time.

Letter of Credit Fee.  See  5.1(b).

Letter of Credit Participation.  See  3.1.4.

Letters of Credit. See  3.1.1.

Letter of Credit Expiration Date.  The day
that is thirty days prior to the Revolving Credit Maturity Date (or if such day is
not a Business Day, the next preceding Business Day).

Letter of Credit Obligations.  As of any date, the
sum of the Maximum Drawing Amount as of such date and all Unpaid Reimbursement Obligations as of
such date.  For purposes of computing the amount available to be drawn under any Letter of Credit,
the amount of such Letter of Credit shall be determined in accordance with Section 3.6.  For all
purposes of this Credit Agreement, if on any date of determination a Letter of Credit has expired
by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14
of the International Standby Practices, such Letter of Credit shall be deemed to be "outstanding"
in the amount so remaining available to be drawn.

Leverage Ratio.  See  9.1.

Loan and Letter of Credit Request.
See  2.5.

Loan Documents.  This Credit Agreement, the Notes, the Letter of
Credit Applications, the Letters of Credit, the Security Documents, and the Post-Closing Agreement,
each as amended and in effect from time to time.

Loans.  Collectively, the Revolving Credit Loans, the Swing Line Loans
and, to the extent applicable,  the Term Loan.

Material Adverse Effect.  With respect to any event or
occurrence of whatever nature (including any adverse determination in any litigation, arbitration
or governmental investigation or proceeding):

	a material adverse effect on the business, properties, prospects,
condition (financial or otherwise), assets, operations or income of the Borrowers; or

	any impairment of the validity, binding effect or enforceability of this
Credit Agreement or any of the other Loan Documents, any impairment of the material rights,
remedies or benefits available to the Administrative Agent or any Lender under any Loan Document or
any impairment of the attachment, perfection or priority of the Liens created by the Security
Documents.

In determining whether any individual event could reasonably be expected to
result in a Material Adverse Effect, notwithstanding that such event does not of itself have such
effect, a Material Adverse Effect shall be deemed to have occurred if the cumulative effect of such
event and all other then existing events could reasonably be expected to result in a Material
Adverse Effect.

Maximum Drawing Amount.  The maximum aggregate amount from
time to time that the beneficiaries may draw under outstanding Letters of Credit.

Maximum Rate.  With respect to each Lender, the maximum lawful
nonusurious rate of interest (if any) which under Applicable Law such Lender may charge the
Borrowers on the Loans and other Obligations from time to time.

Multiemployer Plan.  Any multiemployer plan within the meaning of
 3(37) of ERISA maintained or contributed to by the Borrowers or any ERISA Affiliate.

Net Cash Proceeds.  The gross cash proceeds received by a
Person in respect of any asset sale, less the sum of (a) all reasonable out-of-pocket fees,
commissions and other reasonably and customary direct expenses actually incurred in connection with
such asset sale, including the amount of any transfer or documentary taxes required to be paid by
such Person in connection with such asset sale, and (b) the aggregate amount of cash so received by
such Person which is required to be used to retire (in whole or in part) any Indebtedness (other
than under the Loan Documents) of such Person permitted by this Credit Agreement that was secured
by a lien or security interest permitted by this Credit Agreement having priority over the liens
and security interests (if any) of the Administrative Agent (for the benefit of the Administrative
Agent and the Lenders) with respect to such assets transferred and which is required to be repaid
in whole or in part (which repayment, in the case of any other revolving credit arrangement or
multiple advance arrangement, reduces the commitment thereunder) in connection with such asset
sale.

Net Financing Proceeds.  With respect to any equity or debt
issuance (other than an equity issuance made in connection with the conversion of existing
Indebtedness to equity), the net cash proceeds received by such Person for such equity or debt
issuance after deduction of all reasonable and customary transaction expenses (including, without
limitation, underwriting discounts and commissions) actually incurred in connection with such a
sale or other issuance.

Non-U.S. Lender.  See  5.2(d).

Notes.  Collectively, the Revolving Credit Notes, the
Swing Line Notes and the Term Notes.

Obligations.  All indebtedness, obligations and
liabilities of the Borrowers to any of the Lenders or the Administrative Agent, individually or
collectively, existing on the date of this Credit Agreement or arising thereafter, direct or
indirect, joint or several, absolute or contingent, matured or unmatured, liquidated or
unliquidated, secured or unsecured, arising by contract, operation of law or otherwise, arising or
incurred under this Credit Agreement or any of the other Loan Documents, or under any Swap Contract
between the Borrowers and any Lender (or affiliate thereof), or in respect of any of the Loans made
or Reimbursement Obligations incurred or the Letters of Credit or any other instrument at any time
evidencing any thereof.

Parent.  See Preamble.

Participant.  See  18(b).

PBGC.  The Pension Benefit Guaranty Corporation created by  4002 of ERISA
and any successor entity or entities having similar responsibilities.

Performance Letter of Credit.  A Letter of Credit which is not a
Financial Letter of Credit.

Permitted Debt Offering. Any issuance of Indebtedness by
the Parent (other than an issuance of Subordinated Debt made in connection with the prepayment,
purchase or replacement of the 2022 Convertible Subordinated Notes effectuated in accordance with
 8.11 herein), provided that such Indebtedness (a) is unsecured, (b) is issued pursuant to
documentation containing market terms, and (c) does not exceed $200,000,000 in the aggregate.

Permitted Debt Offering Maturity Event.  The
date which is ninety-one (91) days prior to the first date on which principal payments in an
aggregate amount in excess of $50,000,000 in respect of Permitted Debt Offerings are required to be
made by the Borrowers.

Permitted Liens.  See  8.2.

Permitted Receivables Transactions.  Any sale or sales of, and/or
securitization of, or transfer of, any Receivables of the Borrowers pursuant to which (a) the
Receivables SPV realizes aggregate net proceeds of not more than $75,000,000 at any one time
outstanding, including, without limitation, any revolving purchase(s) of Receivables where the
maximum aggregate uncollected purchase price (exclusive of any deferred purchase price) for such
Receivables at any time outstanding does not exceed $75,000,000, (b) the Receivables shall be
transferred or sold to the Receivables SPV at fair market value or at a market discount, and shall
not exceed $100,000,000 in the aggregate at any one time and (c) obligations arising therefrom
shall be non-recourse to the Borrower and its Subsidiaries (other than the Receivables SPV).

Person.  Any individual, corporation, limited liability company,
partnership, trust, unincorporated association, business, or other legal entity, and any government
or any governmental agency or political subdivision thereof.

Pierce County LLC.  Pierce County Recycling, Composting and
Disposal, LLC, a Washington limited liability company.

Pierce County Management.  Pierce County Landfill
Management, Inc., a Delaware corporation.

Pierce County Put.  The put option of the minority interest
holders in both Pierce County LLC and Pierce County Management, the exercise of which would
obligate the Parent to purchase the additional interests of both Pierce County LLC and Pierce
County Management for cash.

Post-Closing Agreement.  The Post-Closing Agreement to be dated as of the
Closing Date between the Borrowers and the Administrative Agent.

Post-Closing Facility Increase.  See  18(g).

Pricing
Table

	
Level
	
Leverage Ratio
	
Applicable

Eurodollar

Margin

(per annum)
	
Applicable Base Rate Margin 

(per annum)
	
Applicable

L/C Margin

(per annum)
	
Applicable

Commitment Rate

(per annum)

	
I.
	
Greater than or equal to 3.50:1
	
2.00%
	
0.50%
	
2.00%
	
0.50%

	
II.
	
Greater than or equal to 3.00:1 but less than 3.50:1
	
1.625%
	
0.125%
	
1.625%
	
0.375%

	
III.
	
Greater than or equal to 2.50:1 but less than 3.00:1
	
1.25%
	
0.00%
	
1.25%
	
0.30%

	
IV.
	
Greater than or equal to 2.00:1 but less than 2.50:1
	
1.00%
	
0.00%
	
1.00%
	
0.25%

	
VI.
	
Less than 2.00:1
	
0.875%
	
0.00%
	
0.875%
	
0.20%

Any change in the applicable margin shall become effective on the first day
after receipt by the Lenders of financial statements delivered pursuant to  7.4(a) or (b) which
indicate a change in the Leverage Ratio.  If at any time such financial statements are not
delivered within the time periods specified in  7.4(a) or (b), the applicable margin shall be the
highest rate set forth in the respective column of the Pricing Table, subject to adjustment upon
actual receipt of such financial statements.  Notwithstanding the above, the pricing for the period
commencing on the Closing Date until the date on which the Borrowers deliver to the Administrative
Agent a Compliance Certificate for the fiscal quarter ending March 31, 2005 shall be no lower than
as set forth for Level IV in the table above.

Pro Forma Interest Expense.  The annual interest
obligations at the current rates of interest on existing Indebtedness of the Borrowers and the
Indebtedness to be assumed or incurred in connection with an acquisition.

RCRA.  See definition of Release.

Real Property.  All real property heretofore, now, or hereafter
owned or leased by the Borrowers.

Receivables SPV.  Any one or more direct or indirect wholly-owned
Subsidiaries of the Parent formed for the sole purpose of engaging in Permitted Receivables
Transactions, and which engage in no business activities other than those related to Permitted
Receivables Transactions.

Reference Period.  As of any date of determination, the period of
four (4) consecutive fiscal quarters of the Borrowers ending on such date, or if such date is not a
fiscal quarter end date, the period of four (4) consecutive fiscal quarters most recently ended (in
each case treated as a single accounting period).

Register.  See  18(d).

Reimbursement Obligation.  The Borrowers' obligation to reimburse the
Administrative Agent and the Revolving Credit Lenders on account of any drawing under any Letter of
Credit as provided in  3.2.

Related Parties.  With respect to any specified Person, such
Person's Affiliates and the respective directors, officers, employees, agents and advisors of such
Person and such Person's Affiliates.

Release.  Shall have the meaning specified in the Comprehensive
Environmental Response, Compensation and Liability Act of 1980, 42 U.S.C.   9601 et
seq. ("CERCLA") and the term "Disposal" (or
"Disposed") shall have the meaning specified in the Resource Conservation and
Recovery Act of 1976, 42 U.S.C.   6901 et seq. ("RCRA") and
regulations promulgated thereunder; provided that in the event either CERCLA or RCRA
is amended so as to broaden the meaning of any term defined thereby, such broader meaning shall
apply as of the effective date of such amendment and provided further, to the extent that
the laws of a state wherein the property lies establishes a meaning for "Release" or
"Disposal" which is broader than specified in either CERCLA or RCRA, such broader meaning
shall apply.

Replacement Lender.  See  5.11.

Replacement Notice.  See  5.11.

Required Lenders.  As of any date, any combination of Lenders the
sum of whose aggregate Revolving Credit Commitments and outstanding principal amount of the Term
Loan constitute at least fifty-one percent (51%) of the sum of the Total Revolving Credit
Commitment and the total outstanding principal amount of the Term Loan or, if the Total Revolving
Credit Commitment has been terminated or if the Revolving Credit Loan Maturity Date has occurred,
any combination of Lenders holding at least fifty-one percent (51%) of the total outstanding
principal amount of the Loans and the Maximum Drawing Amount and all Unpaid Reimbursement
Obligations of Letters of Credit on such date.

Reserve Rate.  The rate, expressed as a decimal, at which the
Lenders would be required to maintain reserves under Regulation D of the Board of Governors of the
Federal Reserve System (or any subsequent or similar regulation relating to such reserve
requirements) against "Eurocurrency Liabilities" (as such term is defined in Regulation
D), or against any other category of liabilities which might be incurred by the Lenders to fund
Eurodollar Loans, if such liabilities were outstanding.

Restricted Payment. Any (a) Distribution, (b) payment or prepayment by
any Borrower or any Subsidiary to (i) such Borrowers' or such Subsidiaries shareholders (or other
equity holders), in each case, other than to another Borrower, or (ii) to any Affiliate of such
Borrower or such Subsidiary or any Affiliate of such Borrower's or such Subsidiary's shareholders
(or other equity holders), in each case, other than to another Borrower or (c) derivatives or other
transactions with any financial institution, commodities or stock exchange or clearinghouse (a
"Derivatives Counterparty") obligating such Borrower or such Subsidiary to
make payments to such Derivatives Counterparty as a result of any change in market value of any
Capital Stock of such Borrower or such Subsidiary.

Revolving Credit Lenders.  The Lenders set forth on
Schedule 1 as Revolving Credit Lenders, acting in their role as makers of Revolving
Credit Loans or as participants with respect to Letters of Credit, together with any other Person
who becomes an assignee of any rights and obligations of a Revolving Credit Lender pursuant to
 18.

Revolving Credit Loans.  Revolving credit loans made or to be made
by the Revolving Credit Lenders to the Borrowers pursuant to  2.

Revolving Credit Maturity Date.  The earlier of (i) October 22,
2009 and (ii) the occurrence of the Permitted Debt Offering Maturity Event.

Revolving Credit Notes.  To the extent requested by any Revolving Credit
Lender, the promissory notes of the Borrowers evidencing the Revolving Credit Loans made or to be
made by such Lender hereunder.

Revolving Credit Note Record.  A record with respect
to a Revolving Credit Note.

Scheduled Contracts.  The certain contracts referenced in Schedule 8.2(j)
hereto, as the same may be amended from time to time.

Securities Pledge Agreement.  The Amended and Restated and
Consolidated Master Securities Pledge Agreement, to be dated as of the Closing Date, as amended and
in effect from time to time, by and between certain of the Borrowers and the Administrative Agent,
pursuant to which such Borrowers pledge 100% of the Capital Stock of the Subsidiaries (or in the
case of a foreign Subsidiary, 65% of the same) to the Administrative Agent for the benefit of the
Lenders.

Security Agreement.  The Amended and Restated Security Agreement
among the Borrowers and the Administrative Agent, to be dated as of the Closing Date, as amended
and in effect from time to time.

Security Documents.  The Security Agreement, the Securities Pledge
Agreement, and any other instruments or documents evidencing or perfecting the Administrative
Agent's (or collateral agent's) lien on the assets of the Borrowers for the benefit of the
Lenders.

Senior Funded Debt.  At any time of determination, an
amount equal to Consolidated Total Funded Debt minus the aggregate principal amount of
Subordinated Debt outstanding as of such date.

Settlement.  The making or receiving of payments, in immediately
available funds, by the Lenders to or from the Administrative Agent in accordance with  2.10 hereof
to the extent necessary to cause each such Lender's actual share of the outstanding amount of the
Revolving Credit Loans to be equal to such Lender's Commitment Percentage of the outstanding amount
of such Revolving Credit Loans, in any case when, prior to such action, the actual share is not so
equal.

Settlement Amount.  See  2.10(b).

Settlement Date.  See  2.10(b).

Settling Lender.  See  2.10(b).

Subordinated Debt.  The Convertible Subordinated Notes,
in an aggregate principal amount not to exceed $175,000,000 issued pursuant to the 2022 Notes
Indenture and any other unsecured Indebtedness of the Borrowers that is expressly subordinated and
made junior to the payment and performance in full of the Obligations, and evidenced as such by an
instrument containing subordination provisions (i) substantially similar to those contained in
the 2022 Notes Indenture or (ii) otherwise on terms acceptable to the Administrative Agent and
the Required Lenders.

Subsidiary.  Any corporation, association, trust, or other business
entity of which any Borrower shall at any time own directly, or indirectly through a Subsidiary or
Subsidiaries, at least a majority of the outstanding Capital Stock or other interest entitled to
vote generally.

Swap Contracts.  Any agreement (including any master agreement and any
agreement, whether or not in writing, relating to any single transaction) that is an interest rate
swap agreement, basis swap, forward rate agreement, commodity swap, commodity option, equity or
equity index swap or option, bond option, interest rate option, forward foreign exchange agreement,
rate cap, collar or floor agreement, currency swap agreement, cross-currency rate swap agreement,
swaption, currency option or other similar agreement (including any option to enter into any of the
foregoing).

Swing Line Loan(s).  See  2.10(a).

Swing Line Note.  See  2.10(a).

Syndication Agent.  See preamble.

Synthetic Lease.  Any lease treated as an operating
lease under generally accepted accounting principles and as a loan or financing for U.S. income tax
purposes.

Term Loan.  To the extent applicable, the term loan made or to be
made by the Term Loan Lenders to the Borrowers pursuant to  4 (which shall be in the original
principal amount of $0 on the Closing Date) and any increase or new Term Loan made in accordance
with  18(g),in each case as may be increased or reduced from time to time pursuant to the
provisions hereof.

Term Loan Amount.  With respect to each Term Lender, the
amount set forth on Schedule 1 hereto as the amount of such Term Lender's commitment to
make a portion of the Term Loan to the Borrowers, which amount shall be $0 as of the Closing
Date.

Term Loan Lenders.  The Lenders holding a portion of the Term Loan as set
forth on Schedule 1 hereto together with (i) any other Person who becomes an assignee
of any rights and obligations of a Term Loan Lender pursuant to  18, or (ii) any Acceding Lender
who becomes a Term Loan Lender pursuant to  18(g).

Term Loan Maturity Date.  To the extent applicable,
a date to be determined, which date will occur no earlier than the Revolving Credit Maturity
Date.

Term Loan Percentage.  With respect to each Term Loan Lender, the
percentage set forth on Schedule 1 (subject to adjustment in accordance with  18
hereof) as such Lender's percentage of the Term Loan.

Term Notes.  See  4.2.

Term Note Record.  A record with respect to a Term
Note.

Total Revolving Credit
Commitment.  The sum of the Commitments of the Revolving Credit Lenders, which shall equal
$650,000,000 on the Closing Date, as the same may be increased or reduced from time to time in
accordance with this Credit Agreement.

Unpaid Reimbursement Obligation.  Any Reimbursement
Obligation for which the Borrowers do not reimburse the Administrative Agent and the Lenders on the
date specified in, and in accordance with,  3.2.

2022 Convertible Subordinated Notes.  The Floating
Rate Convertible Subordinated Notes due 2022 issued by the Parent pursuant to the Indenture, dated
as of April 30, 2002 between the Parent and State Street Bank & Trust Company of California,
N.A., as trustee, in an aggregate principal amount not to exceed $175,000,000 plus interest as
provided for in the 2022 Notes Indenture, as such Convertible Subordinated Notes may be amended,
supplemented or otherwise modified or replaced from time to time in accordance with  8.11
herein.

2022 Notes Indenture.  The Indenture dated as of April 30,
2002, between the Parent and  State Street Bank & Trust Company of California, N.A., as
trustee, with respect to the 2022 Convertible Subordinated Notes, as such Indenture may be amended,
supplemented or otherwise modified or replaced from time to time in accordance with  8.11
herein.

	Rules of
Interpretation.

	A reference to any document or agreement shall include such document or
agreement as amended, modified or supplemented from time to time in accordance with its terms and
the terms of this Credit Agreement.

	The singular includes the plural and the plural includes the
singular.

	A reference to any law includes any amendment or modification to such
law.

	A reference to any Person includes its permitted successors and permitted
assigns.

	Accounting terms capitalized but not otherwise defined herein have the
meanings assigned to them by generally accepted accounting principles applied on a consistent basis
by the accounting entity to which they refer.

	The words "include," "includes" and
"including" are not limiting.

	All terms not specifically defined herein or by generally accepted
accounting principles, which terms are defined in the Uniform Commercial Code as in effect in the
State of New York, have the meanings assigned to them therein.

	Reference to a particular " " refers to that section of this
Credit Agreement unless otherwise indicated.

	The words "herein," "hereof," "hereunder" and
words of like import shall refer to this Credit Agreement as a whole and not to any particular
section or subdivision of this Credit Agreement.

	Unless otherwise expressly indicated, in the computation of periods of time
from a specified date to a later specified date, the word "from" means "from and
including," the words "to" and "until" each mean "to but
excluding," and the word "through" means "to and including."
	THE REVOLVING CREDIT FACILITY.

	Commitment to Lend.

Subject to the terms and conditions set forth in this Credit Agreement, each of the Revolving Credit Lenders severally, but not jointly, agrees to lend to
the Borrowers, and the Borrowers may borrow, repay, and reborrow from time to time from the Closing
Date to the Revolving Credit Maturity Date, upon notice by the Borrowers to the Administrative
Agent given in accordance with  2.5, such sums as are requested by the Borrowers up to a maximum
aggregate amount outstanding (after giving effect to all amounts requested) at any one time equal
to such Revolving Credit Lender's Commitment minus such Revolving Credit Lender's Commitment
Percentage of the sum of the Maximum Drawing Amount and all Unpaid Reimbursement Obligations,
provided that the sum of the outstanding amount of the Revolving Credit Loans plus
the outstanding amount of the Swing Line Loans plus the Maximum Drawing Amount and all
Unpaid Reimbursement Obligations shall not at any time exceed the Total Revolving Credit Commitment
at such time.  The Revolving Credit Loans shall be made pro rata in accordance with each
Revolving Credit Lender's Commitment Percentage.  Each request for a Loan hereunder shall
constitute a representation and warranty by the Borrowers that the conditions set forth in  10 and
 11, as the case may be, have been satisfied on the date of such request.

	Reduction of Total Revolving Credit
Commitment.

	The Borrowers shall have the right at any time and from time to time upon
five (5) Business Days' prior written notice to the Administrative Agent to reduce by $5,000,000 or
integral multiples of $1,000,000 in excess thereof, or terminate entirely, the Total Revolving
Credit Commitment, whereupon the Commitments of the Revolving Credit Lenders shall be reduced
pro rata in accordance with their respective Commitment Percentages of the amount specified
in such notice or, as the case may be, terminated.  The Administrative Agent will notify the
Revolving Credit Lenders promptly after receiving any notice of the Borrowers delivered pursuant to
this  2.2.

	No reduction or termination of the Commitments once made may be revoked; the
portion of the Commitments reduced or terminated may not be reinstated; and amounts in respect of
such reduced or terminated portion may not be reborrowed.

	Evidence of Indebtedness; Revolving Credit
Notes.

	Loan Accounts.  Each Revolving Credit Lender shall
maintain in accordance with its usual practice an account or accounts evidencing Indebtedness of
the Borrowers to such Lender resulting from each Revolving Credit Loan of such Lender from time to
time, including the amounts of principal and interest payable and paid to such Lender from time to
time under this Credit Agreement.  The Administrative Agent shall maintain accounts in which it
shall record (i) the amount of each Revolving Credit Loan made hereunder and each Interest Period
applicable thereto, (ii) the amount of any principal or interest due and payable or to become due
and payable from the Borrowers to each Revolving Credit Lender hereunder and (iii) both the amount
of any sum received by the Administrative Agent hereunder for the account of the Revolving Credit
Lenders and each Revolving Credit Lender's share thereof (if any).  The entries made in the
accounts maintained by each Revolving Credit Lender pursuant to this  2.3(a) (or any Revolving
Credit Note Record referred to below) shall, to the extent permitted by applicable law, be prima
facie evidence of the existence and amounts of the obligations of the Borrowers therein
recorded; provided, however, that the failure of any Revolving Credit Lender or the
Administrative Agent to maintain any such accounts or Revolving Credit Note Record, or any error
therein, shall not in any manner affect the obligation of the Borrowers to repay (with applicable
interest) the Revolving Credit Loans made in accordance with the terms of this Credit
Agreement.

	Revolving Credit Notes. Upon the request of any Revolving
Credit Lender, the Borrowers shall execute and deliver to such Revolving Credit Lender a promissory
note (each, a "Revolving Credit Note"), which shall (i) be payable to the order of
such Revolving Credit Lender and be dated the Closing Date (or, in the case of Revolving Credit
Notes issued after the Closing Date, be dated the date of the issuance thereof), (ii) be in a
stated principal amount equal to the Commitment of such Revolving Credit Lender or, if less, the
outstanding amount of all Revolving Credit Loans made by such Lender, plus interest thereon, as set
forth in  2.4 herein, (iii) mature on the Revolving Credit Loan Maturity Date, and (iv) be entitled
to the benefits of this Credit Agreement and the other Loan Documents.  The Borrowers irrevocably
authorize each Revolving Credit Lender with a Revolving Credit Note to make or cause to be made, at
or about the time of the Drawdown Date of any Revolving Credit Loan or at the time of receipt of
any payment of principal on such Lender's Revolving Credit Note, an appropriate notation on such
Lender's Revolving Credit Note Record reflecting the making of such Revolving Credit Loan or (as
the case may be) the receipt of such payment.  Each Revolving Credit Lender holding a Revolving
Credit Note will, prior to any transfer of such Revolving Credit Note, endorse on the reverse side
thereof the outstanding principal amount of Revolving Credit Loans evidenced thereby.  Failure to
make such notation or any error in any such notation or endorsement shall not affect the Borrowers'
obligations in respect of such Revolving Credit Loans.

	Interest on Revolving Credit Loans.
The outstanding principal amount of the Revolving Credit Loans shall bear interest at the rate per
annum equal to (a) the Base Rate plus the Applicable Base Rate Margin on Base Rate Loans or
(b) the Eurodollar Rate plus the Applicable Eurodollar Margin on Eurodollar Loans.  Interest
shall be payable in respect of each Revolving Credit Loan in arrears on each Interest Payment Date
with respect thereto.

	Requests for Revolving Credit Loans.
The Borrowers shall give to the Administrative Agent written notice in the form of
Exhibit A hereto (or telephonic notice confirmed by telecopy on the same Business Day
in the form of Exhibit A hereto) of each Revolving Credit Loan requested hereunder (a
"Loan and Letter of Credit Request") not later than (a) 11:00 a.m. Boston time
one (1) Business Day prior to the proposed Drawdown Date of any Base Rate Loan, or
(b) 11:00 a.m. Boston time three (3) Eurodollar Business Days prior to the proposed
Drawdown Date of any Eurodollar Loan.  Each such notice shall be given by the Borrowers and shall
specify the principal amount of the Revolving Credit Loan requested and shall include a current
Loan and Letter of Credit Request reflecting the aggregate amount of Revolving Credit Loans and
Swing Line Loans outstanding and the Maximum Drawing Amount.  Each Loan and Letter of Credit
Request shall be irrevocable and binding on the Borrowers and shall obligate the Borrowers to
accept the Revolving Credit Loan requested from the Revolving Credit Lenders on the proposed
Drawdown Date.  Each of the representations and warranties made by or on behalf of the Borrowers to
the Revolving Credit Lenders or the Administrative Agent in this Credit Agreement or any other Loan
Document shall be true and correct in all material respects when made and shall, for all purposes
of this Credit Agreement, be deemed to be repeated on and as of the date of the submission of any
Loan and Letter of Credit Request and on and as of the Drawdown Date of such Loan, or the date of
issuance of such Letter of Credit (except to the extent of changes resulting from transactions
contemplated or permitted by this Credit Agreement and the other Loan Documents and changes
occurring in the ordinary course of business that singly or in the aggregate are not materially
adverse, or to the extent that such representations and warranties expressly relate solely to an
earlier date).  The Administrative Agent shall promptly notify each Revolving Credit Lender of each
Loan and Letter of Credit Request received by the Administrative Agent hereunder.

	Funds for Revolving Credit
Loans.

	Not later than 1:00 p.m. (Boston time) on the proposed Drawdown Date of any
Revolving Credit Loan, each of the Revolving Credit Lenders will make available to the
Administrative Agent, at the Administrative Agent's Office, in immediately available funds, the
amount of such Lender's Commitment Percentage of the amount of the requested Revolving Credit
Loans.  Upon receipt from each Revolving Credit Lender of such amount, and upon receipt of the
documents required by   10 and 11 and the satisfaction of the other conditions set forth therein,
to the extent applicable, the Administrative Agent will make available to the Borrowers in
immediately available funds the aggregate amount of such Revolving Credit Loans made available to
the Administrative Agent by the Revolving Credit Lenders.  The failure or refusal of any Revolving
Credit Lender to make available to the Administrative Agent at the aforesaid time and place on any
Drawdown Date the amount of its Commitment Percentage of the requested Revolving Credit Loans shall
not relieve any other Revolving Credit Lender from its several obligation hereunder to make
available to the Administrative Agent the amount of such other Revolving Credit Lender's Commitment
Percentage of any requested Revolving Credit Loans.

	The Administrative Agent may, unless notified to the contrary by any
Revolving Credit Lender prior to a Drawdown Date, assume that such Lender has made available to the
Administrative Agent on such Drawdown Date the amount of such Lender's Commitment Percentage of the
Revolving Credit Loans to be made on such Drawdown Date, and the Administrative Agent may (but
shall not be required to), in reliance upon such assumption, make available to the Borrowers a
corresponding amount.  If any Revolving Credit Lender makes available to the Administrative Agent
such amount on a date after such Drawdown Date, such Lender shall pay to the Administrative Agent
on demand an amount equal to the product of (i) the average computed for the period referred to in
clause (iii) below, of the weighted average interest rate paid by the Administrative Agent for
federal funds acquired by the Administrative Agent during each day included in such period,
times (ii) the amount of such Lender's Commitment Percentage of such Revolving Credit Loans,
times (iii) a fraction, the numerator of which is the number of days that elapse from and
including such Drawdown Date to the date on which the amount of such Lender's Commitment Percentage
of such Revolving Credit Loans shall become immediately available to the Administrative Agent, and
the denominator of which is 365.  A statement of the Administrative Agent submitted to such
Revolving Credit Lender with respect to any amounts owing under this paragraph shall be
prima facie evidence, absent manifest error, of the amount due and owing to the
Administrative Agent by such Lender.  If the amount of such Revolving Credit Lender's Commitment
Percentage of such Revolving Credit Loans is not made available to the Administrative Agent by such
Lender within three (3) Business Days following such Drawdown Date, the Administrative Agent shall
be entitled to recover such amount from the Borrowers on demand, with interest thereon at the rate
per annum applicable to the Revolving Credit Loans made on such Drawdown Date.

	Maturity of the Revolving Credit Loans.
The Revolving Credit Loans shall be due and payable on the Revolving Credit Maturity Date.  The
Borrowers jointly and severally promise to pay on the Revolving Credit Maturity Date all Revolving
Credit Loans outstanding on such date, together with any and all accrued and unpaid interest
thereon.

	Mandatory Repayments of the Revolving Credit
Loans.  

	If at any time the outstanding amount of the Revolving Credit Loans
plus Swing Line Loans plus the Maximum Drawing Amount plus Unpaid
Reimbursement Obligations exceeds the Total Revolving Credit Commitment, whether by reduction of
the Total Revolving Credit Commitment or otherwise, then the Borrowers shall immediately pay the
amount of such excess to the Administrative Agent for application to the Revolving Credit Loans, or
if no Revolving Credit Loans shall be outstanding, to the Swing Line Loans, or if no Swing Line
Loans shall be outstanding, to be held by the Administrative Agent as collateral security for the
Reimbursement Obligations, provided, however, that if the amount of cash collateral
held by the Administrative Agent pursuant to this  2.8 exceeds the amount of the Obligations, the
Administrative Agent shall return such excess to the Borrowers.

	To the extent that no Term Loan is outstanding, each prepayment  required by
 4.4.2 shall be used to repay the Revolving Credit Loans (but not to reduce the Total Revolving
Credit Commitment) on a pro rata basis in accordance with each Revolving Credit Lender's
Commitment Percentage.  

	Optional Prepayments or Repayments of Revolving
Credit Loans.  The Borrowers shall have the right, at their election, to repay or prepay
the outstanding amount of the Revolving Credit Loans, as a whole or in part, at any time without
penalty or premium (other than the obligation to reimburse the Revolving Credit Lenders and the
Administrative Agent pursuant to  5.9 hereof).  The Borrowers shall give written notice to the
Administrative Agent (or telephonic notice confirmed in writing) no later than
(a) 1:00 p.m. (Boston time) on the Business Day of the proposed prepayment or repayment
of any Base Rate Loan or (b) 1:00 p.m. (Boston time) three (3) Eurodollar Business Days
prior to the proposed prepayment or repayment of any Eurodollar Loan, in each case specifying the
proposed date of prepayment or repayment of Loans and the principal amount to be paid.  Each such
partial repayment of the Revolving Credit Loans shall be $500,000 or integral multiples of $500,000
in excess thereof, and shall be accompanied by the payment of accrued interest on the principal
prepaid to the date of repayment and shall be applied, in the absence of instruction by the
Borrowers, first to the principal of Base Rate Loans and then to the principal of Eurodollar Loans.
Each partial prepayment shall be allocated among the Revolving Credit Lenders, in proportion, as
nearly as practicable, to the respective unpaid principal amount of each Revolving Credit Lender's
Revolving Credit Loans, with adjustments to the extent practicable to equalize any prior repayments
not exactly in proportion.

	Swing Line Loans;
Settlements.

	So long as Bank of America has not received written notice of a Default or
an Event of Default made in accordance with the provisions of this Credit Agreement, solely for
ease of administration of the Revolving Credit Loans, Bank of America may, upon receipt of a Loan
and Letter of Credit Request no later than 2:00 p.m. (Boston time) on the proposed date of funding,
but shall not be required to, fund Base Rate Loans ("Swing Line Loans") for periods not
to exceed seven (7) days in any one case, bearing interest as set forth for Base Rate Loans in
 2.4. The Swing Line Loans shall be evidenced by a promissory note of the Borrowers (the
"Swing Line Note") dated as of the Closing Date, and shall each be
in a minimum amount of $500,000 or integral multiples of $100,000 in excess thereof,
provided that the outstanding amount of Swing Line Loans advanced by Bank of America
hereunder shall not exceed $25,000,000 at any time.  Each Revolving Credit Lender shall remain
severally, but not jointly, and unconditionally liable to fund its pro rata share (based
upon each Revolving Credit Lender's Commitment Percentage) of such Swing Line Loans on each
Settlement Date and, in the event Bank of America chooses not to fund all Base Rate Loans requested
on any date, to fund its Commitment Percentage of the Base Rate Loans requested, subject to
satisfaction of the provisions hereof relating to the making of Base Rate Loans.  Prior to each
Settlement, all payments or repayments of the principal of, and interest on, Swing Line Loans shall
be credited to the account of Bank of America.

	The Revolving Credit Lenders shall effect Settlements on (i) the Business
Day immediately following any day which the Administrative Agent gives written notice to the
Revolving Credit Lenders to effect a Settlement, (ii) the Business Day immediately following the
Administrative Agent's becoming aware of the existence of any Default or Event of Default, (iii)
the Revolving Credit Maturity Date, (iv) any date on which the Borrowers wish to convert a Swing
Line Loan into a Base Rate Loan, and (v) in any event, the seventh day on which any Swing Line Loan
remains outstanding (each such date, a "Settlement Date").  One (1) Business Day prior to
each such Settlement Date, the Administrative Agent shall give telephonic notice to the Revolving
Credit Lenders of (A) the respective outstanding amount of Revolving Credit Loans made by each
Revolving Credit Lender as at the close of business on the prior day, (B) the amount that any
Revolving Credit Lender, as applicable (a "Settling Lender"), shall pay to effect a
Settlement (a "Settlement Amount").  A statement of the Administrative Agent submitted to
the Revolving Credit Lenders with respect to any amounts owing hereunder shall be prima
facie evidence of the amount due and owing.  Each Settling Lender shall, not later than
1:00 p.m. (Boston time) on each Settlement Date, effect a wire transfer of immediately
available funds to the Administrative Agent at the Administrative Agent's Head Office in the amount
of such Revolving Credit Lender's Settlement Amount.  All funds advanced by any Revolving Credit
Lender as a Settling Lender pursuant to this  2.10 shall for all purposes be treated as a Base Rate
Loan to the Borrowers.

	The Administrative Agent may (unless notified to the contrary by any
Settling Lender by 12:00 noon (Boston time) one (1) Business Day prior to the Settlement Date)
assume that each Settling Lender has made available (or will make available by the time specified
in  2.7(b)) to the Administrative Agent its Settlement Amount, and the Administrative Agent may
(but shall not be required to), in reliance upon such assumption, effect Settlements.  If the
Settlement Amount of such Settling Lender is made available to the Administrative Agent on a date
after such Settlement Date, such Settling Lender shall pay the Administrative Agent on demand an
amount equal to the product of (i) the average, computed for the period referred to in clause
(iii) below, of the weighted average annual interest rate paid by the Administrative Agent for
federal funds acquired by the Administrative Agent during each day included in such period
times (ii) such Settlement Amount times (iii) a fraction, the numerator of which
is the number of days that elapse from and including such Settlement Date to but not including the
date on which such Settlement Amount shall become immediately available to the Administrative
Agent, and the denominator of which is 365.  Upon payment of such amount such Settling Lender shall
be deemed to have delivered its Settlement Amount on the Settlement Date and shall become entitled
to interest payable by the Borrowers with respect to such Settling Lender's Settlement Amount as if
such share were delivered on the Settlement Date.  If such Settlement Amount is not in fact made
available to the Administrative Agent by such Settling Lender within five (5) Business Days of such
Settlement Date, the Administrative Agent shall be entitled to recover such amount from the
Borrowers, with interest thereon at the Base Rate.

	After any Settlement Date, any payment by the Borrowers of Swing Line Loans
hereunder shall be allocated pro rata among the Revolving Credit Lenders, in accordance with
such Lender's Commitment Percentage.

	If, prior to the making of a Revolving Credit Loan pursuant to paragraph (b)
of this  2.10, a Default or Event of Default has occurred and is continuing, each Revolving Credit
Lender will, on the date such Revolving Credit Loan was to have been made, purchase an undivided
participating interest in the outstanding Swing Line Loans in an amount equal to its Commitment
Percentage of such Swing Line Loans.  Each Revolving Credit Lender will immediately transfer to the
Administrative Agent, in immediately available funds, the amount of its participation and upon
receipt thereof the Administrative Agent will deliver to such Revolving Credit Lender a Swing Line
participation certificate dated the date of receipt of such funds and in such amount.

	Whenever, at any time after the Administrative Agent has received from any
Revolving Credit Lender such Revolving Credit Lender's participating interest in the Swing Line
Loans pursuant to clause (e) above, the Administrative Agent receives any payment on account
thereof, the Administrative Agent will distribute to such Revolving Credit Lender its participating
interest in such amount (appropriately adjusted, in the case of interest payments, to reflect the
period of time during which such Revolving Credit Lender's participating interest was outstanding
and funded) in like funds as received; provided, however, that in the event that such
payment received by the Administrative Agent is required to be returned, such Revolving Credit
Lender will return to the Administrative Agent any portion thereof previously distributed by the
Administrative Agent to it in like funds as such payment is required to be returned by the
Administrative Agent.

	Each Revolving Credit Lender's obligation to purchase participating
interests pursuant to clause (e) above shall be absolute and unconditional and shall not be
affected by any circumstance, including, without limitation, (i) any set-off, counterclaim,
recoupment, defense or other right which such Revolving Credit Lender may have against the
Administrative Agent, the Borrowers or any other Person for any reason whatsoever; (ii) the
occurrence or continuance of a Default or Event of Default; (iii) any adverse change in the
condition (financial or otherwise) of the Borrowers or any other Person; (iv) any breach of this
Credit Agreement by the Borrowers or any other Revolving Credit Lender or Administrative Agent; or
(v) any other circumstance, happening or event whatsoever, whether or not similar to any of the
foregoing.
	LETTERS OF CREDIT.

	Letter of Credit Commitments.

	  Commitment to Issue Letters of
Credit.

	Subject to the terms and conditions hereof and the execution and delivery by
the Borrowers of a letter of credit application on the Issuing Lender's customary form (a
"Letter of Credit Application"), the Issuing Lender on behalf of the Revolving
Credit Lenders and in reliance upon the agreement of the Revolving Credit Lenders set forth in
 3.1.4 and upon the representations and warranties of the Borrowers contained herein, agrees, in
its individual capacity, to issue and extend for the account of the Borrowers one or more standby
letters of credit (each, a "Letter of Credit") including, in the
case of L/C Supported IRBs, so called direct pay letters of credit (each, an "IRB
Letter of Credit"), in such form as may be requested from time to time by
the Borrowers and agreed to by the Issuing Lender; provided, however, that, after
giving effect to such request, the Maximum Drawing Amount shall not exceed the Total Revolving
Credit Commitment minus the aggregate outstanding amount of the Revolving Credit Loans, the
Swing Line Loans and the Unpaid Reimbursement Obligations.  Notwithstanding any other provisions of
this Credit Agreement, the Issuing Lender shall not issue or extend a Letter of Credit after it has
received notice from any Lender or the Administrative Agent that a Default or Event of Default has
occurred and stating that no Letters of Credit are to be issued or extended until such Default or
Event of Default has been cured or waived in accordance with the provisions of this Credit
Agreement.

	The Issuing Lender shall not be under any obligation to issue any Letter of
Credit if:

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

	the issuance of such Letter of Credit would violate one or more policies of
the Issuing Lender;

	except as otherwise agreed by the Administrative Agent and the Issuing
Lender, such Letter of Credit is in an initial stated amount less than $100,000;

	such Letter of Credit is to be denominated in a currency other than
Dollars;

	such Letter of Credit contains any provisions for automatic reinstatement of
the stated amount after any drawing thereunder; or

	a default of any Revolving Credit Lender's obligations to fund under  3.3
exists or any Revolving Credit Lender is at such time a Delinquent Lender hereunder, unless the
Issuing Lender has entered into satisfactory arrangements with the Borrowers or such Revolving
Credit Lender to eliminate the Issuing Lender's risk with respect to such Revolving Credit
Lender.

	  Letter of Credit
Applications.

	Each Letter of Credit Application shall be completed to the satisfaction of
the Issuing Lender.  In the event that any provision of any Letter of Credit Application shall be
inconsistent with any provision of this Credit Agreement, then the provisions of this Credit
Agreement shall, to the extent of any such inconsistency, govern.  Such Letter of Credit
Application must be received by the Issuing Lender and the Administrative Agent not later than
11:00 a.m. at least two Business Days (or such later date and time as the Administrative Agent and
the Issuing Lender may agree in a particular instance in their sole discretion) prior to the
proposed issuance date or date of amendment, as the case may be.  In the case of a request for an
initial issuance of a Letter of Credit, such Letter of Credit Application shall specify in form and
detail satisfactory to the Issuing Lender:  (i) the proposed issuance date of the requested Letter
of Credit (which shall be a Business Day); (ii) the amount thereof; (iii) the expiry date thereof;
(iv) the name and address of the beneficiary thereof; (v) the documents to be presented by such
beneficiary in case of any drawing thereunder; (vi) the full text of any certificate to be
presented by such beneficiary in case of any drawing thereunder; and (vii) such other matters as
the Issuing Lender may reasonably require.  In the case of a request for an amendment of any
outstanding Letter of Credit, such Letter of Credit Application shall specify in form and detail
satisfactory to the Issuing Lender (w) the Letter of Credit to be amended; (x) the proposed date of
amendment thereof (which shall be a Business Day); (y) the nature of the proposed amendment; and
(z) such other matters as the Issuing Lender may reasonably require.  Additionally, the Borrowers
shall furnish to the Issuing Lender and the Administrative Agent such other documents and
information pertaining to such requested Letter of Credit issuance or amendment, including any
Issuer Documents, as the Issuing Lender or the Administrative Agent may reasonably require.

	Promptly after receipt of any Letter of Credit Application, the Issuing
Lender will confirm with the Administrative Agent (by telephone or in writing) that the
Administrative Agent has received a copy of such Letter of Credit Application from the applicable
Borrower(s) and, if not, the Issuing Lender will provide the Administrative Agent with a copy
thereof.  Unless the Issuing Lender has received written notice from any Revolving Credit Lender,
the Administrative Agent or any Borrower, at least one Business Day prior to the requested date of
issuance or amendment of the applicable Letter of Credit, that one or more applicable conditions
contained in   10 and 11 shall not then be satisfied, then, subject to the terms and conditions
hereof, the Issuing Lender shall, on the requested date, issue a Letter of Credit for the account
of the applicable Borrower(s) or enter into the applicable amendment, as the case may be, in each
case in accordance with the Issuing Lender's usual and customary business practices.

	  Terms of Letters of Credit.  Each
Letter of Credit issued or extended hereunder shall, among other things, (a) provide for the
payment of sight drafts for honor thereunder when presented in accordance with the terms thereof
and when accompanied by the documents described therein, (b) be subject to clause (c) hereof and
 3.1.7, and (other than with respect to IRB Letters of Credit) shall have a term of not more than
one (1) year from the date of issuance or extension thereof and (c) have an expiry date no later
than the Letter of Credit Expiration Date.  

	  Reimbursement Obligations of Lenders.
Each Revolving Credit Lender severally agrees that it shall be absolutely liable, without regard to
the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to
the extent of such Revolving Credit Lender's Commitment Percentage thereof, to reimburse the
Administrative Agent on demand for the amount of each draft paid by the Issuing Lender under each
Letter of Credit issued in accordance with the terms hereof to the extent that such amount is not
reimbursed by the Borrowers pursuant to  3.2 (such agreement for a Lender being called herein the
"Letter of Credit Participation" of such Lender).  Without limiting the foregoing,
each Revolving Credit Lender's obligation to purchase Letter of Credit Participations shall be
absolute and unconditional and shall not be affected by any circumstance, including (a) any set-
off, counterclaim, recoupment, defense or other right which such Revolving Credit Lender may have
against the Administrative Agent, the Issuing Lender, any Borrower or any other Person for any
reason whatsoever; (b) the occurrence and continuation of any Default or Event of Default; (c) any
adverse change in the condition (financial or otherwise) of any Borrower or any Revolving Credit
Lender; (d) any breach of any of the Loan Documents by any Borrower or any Revolving Credit Lender;
or (e) any other circumstance, happening or event whatsoever, whether or not similar to any of the
foregoing.

	  Participations of Lenders.  Each such
payment made by a Revolving Credit Lender shall be treated as the purchase by such Revolving Credit
Lender of a participating interest in the Borrowers' Reimbursement Obligation under  3.2 in an
amount equal to such payment.  Each Revolving Credit Lender shall share in accordance with its
participating interest in any interest which accrues pursuant to  3.2.

	  Existing Letters of Credit.  The
parties hereby agree that the letters of credit issued under the Existing Credit Agreement and
listed on Schedule 3.1 hereto shall be deemed to have been issued pursuant to this
Credit Agreement and from and after the Closing Date shall be subject to and governed by the terms
and conditions hereof.  In addition, this Credit Agreement shall be the "Reimbursement
Agreement" or the "Credit Agreement", as the case may be, referred to
in the bond documentation relating to the L/C Supported IRBs.

	  Auto Extension Letters of
Credit.  If any Borrower so requests in an application for a Letter of Credit, the
Issuing Lender may, in its sole and absolute discretion, agree to issue a Letter of Credit that has
automatic extension provisions (each, an "Auto-Extension Letter of Credit"); provided
that any such Auto- Extension Letter of Credit must permit the Issuing Lender to prevent any such
extension at least once in each twelve-month period (commencing with the date of issuance of such
Letter of Credit) by giving prior notice to the beneficiary thereof not later than a date (the
"Non Extension Notice Date") in each such twelve-month period to be agreed upon at the
time such Letter of Credit is issued.  Unless otherwise directed by the Issuing Lender, the
Borrowers shall not be required to make a specific request to the Issuing Lender for any such
extension.  Once an Auto-Extension Letter of Credit has been issued, the Revolving Credit Lenders
shall be deemed to have authorized (but may not require) the Issuing Lender to permit the extension
of such Letter of Credit at any time to an expiry date not later than thirty (30) days prior to the
Revolving Credit Maturity Date; provided, however, that the Issuing Lender shall not permit any
such extension if (A) the Issuing Lender has determined that it would have no obligation at such
time to issue such Letter of Credit in its extended form under the terms hereof, or (B) it has
received notice (which may be by telephone or in writing) on or before the day that is two (2)
Business Days before the Non Extension Notice Date (1) from the Administrative Agent that the
Required Lenders have elected not to permit such extension or (2) from the Administrative Agent,
any Lender or the Borrowers that one or more of the applicable conditions specified in  11 is not
then satisfied

	Reimbursement Obligation of the
Borrowers.  In order to induce the Issuing Lender to issue and extend each Letter of Credit
and the Revolving Credit Lenders to participate therein, the Borrowers hereby agree to reimburse or
pay to the Administrative Agent, for the account of the Issuing Lender, with respect to each Letter
of Credit issued or extended by the Issuing Lender hereunder:

	except as otherwise expressly provided in  3.2(b) and (c), on each date that
any draft presented under any Letter of Credit is honored by the Issuing Lender, or the Issuing
Lender otherwise makes a payment with respect thereto, (i) the amount paid by the Issuing Lender
under or with respect to such Letter of Credit, and (ii) the amount of any taxes, fees, charges or
other costs and expenses whatsoever incurred by the Issuing Lender or any Revolving Credit Lender
in connection with any payment made by the Issuing Lender or any Revolving Credit Lender under, or
with respect to, such Letter of Credit;  provided however, if the Borrowers do not
reimburse the Administrative Agent on the Drawdown Date, such amount shall, provided that no Event
of Default under   13.1(h) or 13.1(i) has occurred, become automatically a Revolving Credit Loan
which is a Base Rate Loan advanced hereunder in an amount equal to such sum; and

	upon the reduction (but not termination) of the Total Revolving Credit
Commitment to an amount less than the Maximum Drawing Amount, an amount equal to such difference,
which amount shall be held by the Administrative Agent for the benefit of the Revolving Credit
Lenders and the Issuing Lender as cash collateral for all Reimbursement Obligations; and

	upon the Revolving Credit Maturity Date, or upon the termination of the
Total Revolving Credit Commitment, or the acceleration of the Reimbursement Obligations with
respect to all Letters of Credit in accordance with  13, an amount equal to the Maximum Drawing
Amount of all Letters of Credit, which amount shall be held by the Administrative Agent for the
benefit of the Issuing Lender as cash collateral for all Reimbursement Obligations.

Each such payment shall be made to the Administrative Agent at the
Administrative Agent's Office in immediately available funds.  Interest on any and all amounts
remaining unpaid by the Borrowers under this  3.2 at any time from the date such amounts become due
and payable (whether as stated in this  3.2, by acceleration or otherwise) until payment in full
(whether before or after judgment) shall be payable to the Administrative Agent on demand at the
rate specified in  5.6 for overdue principal on the Loans.

	Letter of Credit Payments.  If any
draft shall be presented or other demand for payment shall be made under any Letter of Credit, the
Issuing Lender shall notify the Borrowers and the Administrative Agent of the date and amount of
the draft presented or demand for payment and of the date and time when it expects to pay such
draft or honor such demand for payment.  If the Borrowers fail to reimburse the Issuing Lender
through the Administrative Agent as provided in  3.2 on or before the date that such draft is paid
or other payment is made by the Issuing Lender, the Issuing Lender may at any time thereafter
notify the Administrative Agent who will promptly notify the Revolving Credit Lenders of the amount
of any such Unpaid Reimbursement Obligation and shall specify such amount required from each of the
Revolving Credit Lenders.  No later than 3:00 p.m. (Boston time) on the Business Day next
following the receipt of such notice, each Revolving Credit Lender shall make available to the
Administrative Agent, at the Administrative Agent's Office, in immediately available funds, such
Revolving Credit Lender's Commitment Percentage of such Reimbursement Obligation, together with an
amount equal to the product of (a) the weighted average, computed for the period referred to in
clause (c) below, of the Federal Funds Rate times (b) the amount equal to such Revolving
Credit Lender's Commitment Percentage of such Unpaid Reimbursement Obligation, times (c) a
fraction, the numerator of which is the number of days that have elapsed from and including the
date the Issuing Lender paid the draft presented for honor or otherwise made payment until the date
on which such Revolving Credit Lender's Commitment Percentage of such Unpaid Reimbursement
Obligation shall become immediately available to the Administrative Agent, and the denominator of
which is 365.  The responsibility of the Issuing Lender to the Borrowers and the Revolving Credit
Lenders shall be only to determine that the documents (including each draft) delivered under each
Letter of Credit in connection with such presentment shall be in conformity in all material
respects with such Letter of Credit.

	Obligations Absolute.  The obligation
of the Borrowers to reimburse the Issuing Lender for each drawing under each Letter of Credit shall
be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms
of this Credit Agreement under all circumstances, including the following:

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

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

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

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

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

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

	Role of Issuing Lender.  Each Lender
and the Borrowers agree that, in paying any drawing under a Letter of Credit, the Issuing Lender
shall not have any responsibility to obtain any document (other than any sight draft, certificates
and documents expressly required by the Letter of Credit) or to ascertain or inquire as to the
validity or accuracy of any such document or the authority of the Person executing or delivering
any such document.  None of the Issuing Lender, the Administrative Agent, any of their respective
Related Parties nor any correspondent, participant or assignee of the Issuing Lender shall be
liable to any Lender for (i) any action taken or omitted in connection herewith at the request or
with the approval of Lenders or the Required Lenders, as applicable; (ii) any action taken or
omitted in the absence of gross negligence or willful misconduct; or (iii) the due execution,
effectiveness, validity or enforceability of any document or instrument related to any Letter of
Credit or Issuer Document.  The Borrowers hereby assume all risks of the acts or omissions of any
beneficiary or transferee with respect to such beneficiary's or transferee's use of any Letter of
Credit; provided, however, that this assumption is not intended to, and shall not,
preclude the Borrowers' pursuing such rights and remedies as it may have against the beneficiary or
transferee at law or under any other agreement.  None of the Issuing Lender, the Administrative
Agent, any of their respective Related Parties nor any correspondent, participant or assignee of
the Issuing Lender, shall be liable or responsible for any of the matters described in clauses (a)
through (e) of  3.4; provided, however, that anything in such clauses to the contrary
notwithstanding, the Borrowers may have a claim against the Issuing Lender, and the Issuing Lender
may be liable to the Borrowers, to the extent, but only to the extent, of any direct, as opposed to
consequential or exemplary, damages suffered by Borrowers which the Borrowers prove were caused by
the Issuing Lender's willful misconduct or gross negligence or the Issuing Lender's willful failure
to pay under any Letter of Credit after the presentation to it by the beneficiary of a sight draft
and certificate(s) strictly complying with the terms and conditions of a Letter of Credit.  In
furtherance and not in limitation of the foregoing, the Issuing Lender may accept documents that
appear on their face to be in order, without responsibility for further investigation, regardless
of any notice or information to the contrary, and the Issuing Lender shall not be responsible for
the validity or sufficiency of any instrument transferring or assigning or purporting to transfer
or assign a Letter of Credit or the rights or benefits thereunder or proceeds thereof, in whole or
in part, which may prove to be invalid or ineffective for any reason.

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

	Applicability of ISP.  Unless otherwise
expressly agreed by the Issuing Lender and the Borrowers when a Letter of Credit is issued, the
rules of the ISP shall apply to each Letter of Credit.
	THE TERM LOAN FACILITY.

	Commitment to Lend.  The principal amount
of the Term Loan on the Closing Date shall be $0.  To the extent that after the Closing Date, a
Term Loan is advanced pursuant to the terms of this Credit Agreement, each Term Loan Lender shall
lend to the Borrowers the amount of its Term Loan Percentage of the amount of the Term Loan and the
terms of this Section 4 shall apply to any such Term Loan(s).

	Evidence of Indebtedness; Term
Notes.

	Loan Accounts.  Each Term Loan Lender shall maintain in
accordance with its usual practice an account or accounts evidencing indebtedness of the Borrowers
to such Lender resulting from such Lender's Term Loan Percentage of the Term Loan of such Lender
from time to time, including the amounts of principal and interest payable and paid to such Lender
from time to time under this Credit Agreement.  The Administrative Agent shall maintain accounts in
which it shall record (i) the amount of the Term Loan made hereunder and each Interest Period
applicable thereto, (ii) the amount of any principal or interest due and payable or to become due
and payable from the Borrowers to each Term Loan Lender hereunder and (iii) both the amount of any
sum received by the Administrative Agent hereunder for the account of the Term Loan Lenders and
each Term Loan Lender's share thereof (if any).  The entries made in the accounts maintained by
each Term Loan Lender pursuant to this  4.2(a) (or any Term Note Record referred to below) shall,
to the extent permitted by applicable law, be prima facie evidence of the existence and
amounts of the obligations of the Borrowers therein recorded; provided, however, that
the failure of any Term Loan Lender or the Administrative Agent to maintain any such accounts or
Term Note Record, or any error therein, shall not in any manner affect the obligation of the
Borrowers to repay (with applicable interest) the Term Loan made in accordance with the terms of
this Credit Agreement.

	Term Notes.  Upon the request of any Term Loan Lender, the
Borrowers shall execute and deliver to such Term Loan Lender a promissory note (each, a
"Term Note"), which shall (i) be payable to the order of such Term Loan Lender and
be dated the date of the issuance thereof, (ii) be in a stated principal amount equal to the Term
Loan made by such Term Loan Lender, (iii) represent the obligation of the Borrowers to pay to such
Term Loan Lender such principal amount or, if less, the outstanding amount of the Term Loan of such
Term Loan Lender, plus interest accrued thereon as set forth in  4.6 or  4.7 herein, (iv) mature on
the Term Loan Maturity Date and (v) be entitled to the benefits of this Credit Agreement and the
other Loan Documents.  The Borrowers irrevocably authorize each Term Loan Lender with a Term Note
to make or cause to be made a notation on such Term Loan Lender's Term Note Record reflecting the
original principal amount of such Term Loan Lender's Term Loan Percentage of the Term Loan and, at
or about the time of the receipt of any payment of principal on such Lender's Term Note, an
appropriate notation on such Lender's Term Note Record reflecting the receipt of such payment.
Each Term Loan Lender holding a Term Note will, prior to any transfer of such Term Note, endorse on
the reverse side thereof the outstanding principal amount of Term Loan evidenced thereby.  Failure
to make such notation or any error in any such notation or endorsement shall not affect the
Borrowers' obligations in respect of such Term Loan.

	Scheduled Installment Payments of Principal of
Term Loan.  The Borrowers jointly and severally promise to pay to the Administrative Agent
for the account of the Term Loan Lenders, in accordance with their respective Term Loan
Percentages, the principal amount of the Term Loan in such amounts pursuant to the installment
schedule to be set forth in Schedule 4.3 and to be attached hereto, provided that the final
installment payment shall not be due and payable prior to the Revolving Credit Loan Maturity
Date.

	Mandatory Prepayments of
Loans.

	  Mandatory Prepayments.  In the event that Net Cash Proceeds received by the Borrowers from asset sales
exceed $50,000,000 per annum (other than in connection with Permitted Receivables Transactions and
the sale, lease, license or other disposition of assets in the ordinary course of business and with
respect to asset swaps permitted under  8.4), the Borrowers will use one-hundred percent (100%) of
any such Net Cash Proceeds in excess of $50,000,000 to pay down the Loans in the manner set forth
in  4.4.2.

	  Application of Payments.  Each
prepayment of the Loans required by  4.4.1 shall be allocated first, to the extent a Term Loan is
outstanding, among the Term Loan Lenders in accordance with each such Term Loan Lender's Term Loan
Percentage.  Any prepayment of principal of the Term Loan shall include all interest accrued to the
date of prepayment and shall be applied against the scheduled installments of principal due on the
Term Loan in the inverse order of maturity.  No amount prepaid or repaid with respect to the Term
Loan may be reborrowed.  Any Term Loan Lender may decline to accept any payments due to such Term
Loan Lender pursuant to this  4.4 in which case such declined payments shall be used to repay the
Revolving Credit Loans (but not reduce the Total Revolving Credit Commitment) on a pro rata
basis in accordance with each Revolving Credit Lender's Commitment Percentage.  In the event no
Term Loan is outstanding at such time, the full amount of such mandatory prepayments shall be
applied in accordance with  2.8(b).

	Optional Prepayment of Term
Loan.  The Borrowers shall have the right at any time to prepay the Term Loan on or before
the Term Loan Maturity Date, in whole, or in part, upon not less than three (3) Business Days'
prior written notice to the Administrative Agent, without premium or penalty (other than the
obligation to reimburse the Term Loan Lenders and the Administrative Agent pursuant to  5.9 hereof,
or as otherwise stated herein), provided that (a) each partial prepayment shall be in the
principal amount of $1,000,000 or an integral multiple of $500,000 thereof, and (b) each partial
prepayment shall be allocated among the Term Loan Lenders in accordance with such Lender's Term
Loan Percentage.  Any prepayment of principal of the Term Loan shall include all interest accrued
to the date of prepayment and shall be applied against the scheduled installments of principal due
on the Term Loan in the inverse order of maturity.  No amount prepaid or repaid with respect to the
Term Loan may be reborrowed.

	Interest on Term Loan.  Except as
otherwise provided in  4.7 or  5.6, any Term Loan advanced hereunder shall bear interest during
each Interest Period relating to all or any portion of the Term Loan at a rate to be determined,
based on prevailing market rates for borrowers with similar credit profiles and ratings, and
otherwise acceptable to the Administrative Agent and the Term Loan Lenders.

The Borrowers jointly and severally promise to pay interest on the Term Loan or
any portion thereof outstanding during each Interest Period in arrears on each Interest Payment
Date applicable to such Interest Period and on the Term Loan Maturity Date.  Any change in the
interest rate resulting from a change in the Base Rate is to be effective at the beginning of the
day of such change in the Base Rate.

	Pari Passu Treatment of Term Loans.
Each Term Loan (a) shall rank pari passu in right of payment and of security with all
other Loans and (b) shall be governed by and subject to all of the provisions, terms and conditions
set forth in this Credit Agreement and the other Loan Documents in every respect as though such
Term Loan was an original "Loan" referred to herein and will constitute an Obligation of
the Borrowers hereunder (including, without limitation, the mandatory prepayment provisions and
 5.6 hereof); except that any such Term Loan advanced in accordance with  18(g) or this  4 may
provide for an interest rate as agreed to among the Borrowers, each of the Term Loan Lenders, and
the Administrative Agent.  To the extent conforming changes to this Credit Agreement must be made
to effect the addition of a Term Loan made in accordance with  18(g) or this  4, such conforming
amendment will not require the consent of any Lender other than the Term Loan Lenders, as well as
the consent of the Borrowers and the Administrative Agent to be effective, but shall be subject to
the satisfaction of each of the conditions set forth in  11.
	FEES, PAYMENTS, AND COMPUTATIONS; JOINT AND SEVERAL
LIABILITY.

	Fees.  The Borrowers jointly and severally
agree to pay all Fees in the amounts and at the times and otherwise in accordance with the terms
specified herein or the Loan Documents, as the case may be, including:

	Commitment Fee.  The Borrowers jointly and severally agree to
pay to the Administrative Agent, for the respective account of each Revolving Credit Lender, a fee
(the "Commitment Fee") calculated at the rate per annum equal to the Applicable
Commitment Rate with respect to the Commitment Fee as in effect from time to time on the actual
daily amount during each calendar quarter or portion thereof from the Closing Date to the Revolving
Credit Maturity Date by which the Total Revolving Credit Commitment minus the sum of the
Maximum Drawing Amount and all Unpaid Reimbursement Obligations exceeds the outstanding amount of
Revolving Credit Loans (excluding Swing Line Loans) during such calendar quarter.  The Commitment
Fee shall be payable quarterly in arrears on the first day of each calendar quarter for the
immediately preceding calendar quarter commencing on the first such date following the date hereof,
with a final payment on the Revolving Credit Maturity Date or any earlier date on which the
Commitments shall terminate.

	Letter of Credit Fees. The Borrowers shall
pay a fee (the "Letter of Credit Fee") equal to (i) the Applicable L/C Margin
multiplied by the Maximum Drawing Amount of each Financial Letter of Credit or (ii)
50% of the Applicable L/C Margin multiplied by the Maximum Drawing Amount of each
Performance Letter of Credit.  Such Letter of Credit Fee shall be payable to the Administrative
Agent for the account of the Revolving Credit Lenders, to be shared pro rata by the
Revolving Credit Lenders in accordance with their respective Commitment Percentages. The Borrowers
shall also pay a fee (the "Issuance Fee") to the Administrative Agent, for its own
account, equal to 0.125% per annum on the Maximum Drawing Amount of all Letters of Credit issued by
such Lender, plus its customary administrative charges.  The Letter of Credit Fee and the Issuance
Fee shall be payable for the number of days each Letter of Credit is outstanding, and shall be
payable quarterly in arrears on the first day of each calendar quarter for the immediately
preceding calendar quarter, and on the Revolving Credit Maturity Date.

	Payments.

	All payments of principal, interest, Reimbursement Obligations, fees and any
other amounts due hereunder or under any of the other Loan Documents shall be made to the
Administrative Agent, for the respective accounts of the Lenders and the Administrative Agent, to
be received at the Administrative Agent's Head Office in immediately available funds by 12:00 noon
(Boston time) on any due date.

	All payments by the Borrowers hereunder and under any of the other Loan
Documents shall be made without setoff or counterclaim and free and clear of and without deduction
for any taxes, levies, imposts, duties, charges, fees, deductions, withholdings, compulsory loans,
restrictions or conditions of any nature now or hereafter imposed or levied by any jurisdiction or
any political subdivision thereof or taxing or other authority therein unless the Borrowers are
compelled by law to make such deduction or withholding.  If any such obligation is imposed upon the
Borrowers with respect to any amount payable by them hereunder or under any of the other Loan
Documents, the Borrowers will pay to the Administrative Agent, for the account of the Lenders or
(as the case may be) the Administrative Agent, on the date on which such amount is due and payable
hereunder or under such other Loan Document, such additional amount in Dollars as shall be
necessary to enable the Lenders or the Administrative Agent to receive the same net amount which
the Lenders or the Administrative Agent would have received on such due date had no such obligation
been imposed upon the Borrowers.  In the event that the Borrowers are required to make such
deduction or withholding as a result of the fact that a Lender is organized outside of the United
States, such Lender shall use its reasonable best efforts to transfer its Loans to an affiliate
organized within the United States if such transfer would have no adverse effect on such Lender or
the Loans.  The Borrowers will deliver promptly to the Lender certificates or other valid vouchers
for all taxes or other charges deducted from or paid with respect to payments made by the Borrowers
hereunder or under such other Loan Document.

	Whenever a payment hereunder or under any of the other Loan Documents
becomes due on a day that is not a Business Day, the due date for such payment shall be extended to
the next succeeding Business Day, and interest shall accrue during such extension; provided that
any Interest Period for any Eurodollar Loan which ends on a day that is not a Eurodollar
Business Day shall end on the next succeeding Eurodollar Business Day unless the result of such
extension would be to carry such Interest Period into another calendar month, in which event such
Interest Period shall end on the immediately preceding Eurodollar Business Day.

	Each Lender and the Administrative Agent that is not a U.S. Person as
defined in Section 7701(a)(30) of the Code for federal income tax purposes (a "Non-U.S.
Lender") hereby agrees that, if and to the extent it is legally able to do so, it
shall, prior to the date of the first payment by the Borrowers hereunder to be made to such Lender
or the Administrative Agent or for such Lender's or the Administrative Agent's account, deliver to
the Borrowers and the Administrative Agent, as applicable, such certificates, documents or other
evidence, as and when required by the Code or Treasury Regulations issued pursuant thereto,
including (a) in the case of a Non-U.S. Lender that is a "bank" for purposes of Section
881(c)(3)(A) of the Code, two (2) duly completed copies of Internal Revenue Service Form W-8BEN or
Form W-8ECI and any other certificate or statement of exemption required by Treasury Regulations,
or any subsequent versions thereof or successors thereto, properly completed and duly executed by
such Lender or the Administrative Agent establishing that with respect to payments of principal,
interest or fees hereunder it is (i) not subject to United States federal withholding tax under the
Code because such payment is effectively connected with the conduct by such Lender or
Administrative Agent of a trade or business in the United States or (ii) totally exempt or
partially exempt from United States federal withholding tax under a provision of an applicable tax
treaty and (b) in the case of a Non-U.S. Lender that is not a "bank" for purposes of
Section 881(c)(3)(A) of the Code, a certificate in form and substance reasonably satisfactory
to the Administrative Agent and the Borrowers and to the effect that (i) such Non-U.S. Lender
is not a "bank" for purposes of Section 881(c)(3)(A) of the Code, is not subject to
regulatory or other legal requirements as a bank in any jurisdiction, and has not been treated as a
bank for purposes of any tax, securities law or other filing or submission made to any governmental
authority, any application made to a rating agency or qualification for any exemption from any tax,
securities law or other legal requirements, (ii) is not a ten (10) percent shareholder for
purposes of Section 881(c)(3)(B) of the Code and (iii) is not a controlled foreign corporation
receiving interest from a related person for purposes of Section 881(c)(3)(C) of the Code, together
with a properly completed Internal Revenue Service Form W-8 or W-9, as applicable (or successor
forms).  Each Lender or the  Administrative Agent agrees that it shall, promptly upon a change of
its lending office or the selection of any additional lending office, to the extent the forms
previously delivered by it pursuant to this section are no longer effective, and promptly upon the
Borrowers' or the Administrative Agent's reasonable request after the occurrence of any other event
(including the passage of time) requiring the delivery of a Form W-8BEN, Form W-8ECI, Form W-8 or
W-9 in addition to or in replacement of the forms previously delivered, deliver to the Borrowers
and the Administrative Agent, as applicable, if and to the extent it is properly entitled to do so,
a properly completed and executed Form W-8BEN, Form W-8ECI, Form W-8 or W-9, as applicable (or any
successor forms thereto).

	Computations.  All computations of
interest on Base Rate Loans and of Commitment Fees, Letter of Credit Fees or other fees shall,
unless otherwise expressly provided herein, be based on a 365-day year (or 366-day year, as
applicable) and paid for the actual number of days elapsed.  All computations of interest on
Eurodollar Loans shall, unless otherwise expressly provided herein, be based on a 360-day year and
paid for the actual number of days elapsed.

	Capital Adequacy.  If any present or
future law, governmental rule, regulation, policy, guideline or directive (whether or not having
the force of law) or the interpretation thereof by a court or governmental authority with
appropriate jurisdiction affects the amount of capital required or expected to be maintained by any
Lender or the Administrative Agent or any corporation controlling such Lender or the Administrative
Agent, and such Lender or the Administrative Agent determines that the amount of capital required
to be maintained by it is increased by or based upon the existence of such Lender's or the
Administrative Agent's Loans, Letter of Credit participations or Letters of Credit, or commitment
with respect thereto, then such Lender or the Administrative Agent may notify the Borrowers of such
fact.  To the extent that the costs of such increased capital requirements are not reflected in the
Base Rate (if relating to Base Rate Loans), the Borrowers and such Lender or (as the case may be)
the Administrative Agent shall thereafter attempt to negotiate in good faith, within thirty (30)
days of the day on which the Borrowers receive such notice, an adjustment payable hereunder that
will adequately compensate such Lender or the Administrative Agent in light of these circumstances.
If the Borrowers and such Lender or the Administrative Agent are unable to agree to such adjustment
within thirty (30) days of the date on which the Borrowers receive such notice, then commencing on
the date of such notice (but not earlier than the effective date of any such increased capital
requirement), the fees payable hereunder shall increase by an amount that will, in such Lender's or
the Administrative Agent's reasonable determination, provide adequate compensation.  Each Lender
and the Administrative Agent shall allocate such cost increases among its customers in good faith
and on an equitable basis.

	Certificate.  A certificate setting
forth any additional amounts payable pursuant to  5.4 and a reasonable explanation of such amounts
which are due, submitted by any Lender or the Administrative Agent to the Borrowers, shall be
conclusive, absent manifest error, that such amounts are due and owing.

	Interest on Overdue Amounts.

Overdue principal and (to the extent permitted by applicable law) interest on
the Loans and all other overdue amounts payable hereunder or under any of the other Loan Documents
shall bear interest compounded monthly and payable on demand at a rate per annum equal to the Base
Rate plus the Applicable Base Rate Margin plus two (2) percentage points (2.00%)
until such amount shall be paid in full (after, as well as before, judgment).

	Interest Limitation.  Notwithstanding
any other term of this Credit Agreement or any other document referred to herein, the maximum
amount of interest which may be charged to or collected from any person liable hereunder by any
Lender shall be absolutely limited to, and shall in no event exceed, the maximum amount of interest
which could lawfully be charged or collected under applicable law (including, to the extent
applicable, the provisions of Section 5197 of the Revised Statutes of the United States of America,
as amended, 12 U.S.C. Section 85, as amended), so that the maximum of all amounts constituting
interest under applicable law, howsoever computed, shall never exceed as to any Person liable
therefor such lawful maximum, and any term of this Credit Agreement, the Letter of Credit
Applications, or any other document referred to herein or therein which could be construed as
providing for interest in excess of such lawful maximum shall be and hereby is made expressly
subject to and modified by the provisions of this paragraph.

	Election of Eurodollar Rate; Notice of
Election; Interest Periods; Minimum Amounts.

	At the Borrowers' option, so long as no Default or Event of Default has
occurred and is then continuing, the Borrowers may (i) elect to convert any Loan which is a
Base Rate Loan or a portion thereof to a Eurodollar Loan, (ii) at the time of any Loan and
Letter of Credit Request, specify that a requested Loan shall be a Eurodollar Loan, or
(iii) upon expiration of the applicable Interest Period, elect to maintain an existing
Eurodollar Loan as such, provided that the Borrowers give notice to the Administrative Agent
pursuant to  5.8(b) hereof.  Upon determining any Eurodollar Rate, the Administrative Agent shall
forthwith provide notice thereof to the Borrowers and the Lenders, and each such notice to the
Borrowers and the Lenders shall be considered prima facie correct and binding, absent
manifest error.

	Three (3) Eurodollar Business Days prior to the making of any Eurodollar
Loan or the conversion of any Base Rate Loan to a Eurodollar Loan, or, in the case of an
outstanding Eurodollar Loan, the expiration date of the applicable Interest Period, the Borrowers
shall give telephonic notice (confirmed by telecopy on the same Eurodollar Business Day) to the
Administrative Agent not later than 11:00 a.m. (Boston time) of their election pursuant to
 5.8(a).  Each such notice delivered to the Administrative Agent shall specify the aggregate
principal amount of the Loans to be borrowed or maintained as or converted to Eurodollar Loans and
the requested duration of the Interest Period that will be applicable to such Eurodollar Loan, and
shall be irrevocable and binding upon the Borrowers.  If the Borrowers shall fail to give the
Administrative Agent notice of their election hereunder together with all of the other information
required by this  5.8(b) with respect to any Loan, such Loan shall be deemed a Base Rate Loan.  In
the event that the Borrowers fail to provide any such notice with respect to the continuation of
any Eurodollar Loan as such, then such Eurodollar Loan shall be automatically converted to a Base
Rate Loan at the end of the then expiring Interest Period relating thereto.

	Notwithstanding anything herein to the contrary, the Borrowers may not
specify an Interest Period that would extend beyond the Revolving Credit Maturity Date or the Term
Loan Maturity Date, as applicable. No Interest Period relating to the Term Loan or any portion
thereof bearing interest at the Eurodollar Rate shall extend beyond the date on which any regularly
scheduled installment payment of the principal of the Term Loan is to be made unless a portion of
the Term Loan at least equal to such installment payment has an Interest Period ending on such
date or is then bearing interest at the Base Rate.

	All Revolving Credit Loans and Term Loans shall be in a minimum amount of
$1,000,000 or integral multiples of $500,000 in excess thereof.  In no event shall the Borrowers
have more than ten (10) different maturities of Eurodollar Loans outstanding at any
time.

	Eurodollar Indemnity.  The Borrowers
agree to indemnify the Lenders and the Administrative Agent and to hold  them harmless from and
against any loss, cost or expenses (including loss of anticipated profits) that the Lenders and the
Administrative Agent may sustain or incur as a consequence of (a) default by the Borrowers in
payment of the principal amount of or any interest on any Eurodollar Loans as and when due and
payable, including any such loss or expense arising from interest or fees payable by any Lender or
the Administrative Agent to lenders of funds obtained by it in order to maintain its Eurodollar
Loans, (b) a prepayment of principal on any Eurodollar Loan, including prepayments which are the
result of acceleration by the Lenders, or (c) default by the Borrowers in making a borrowing
or conversion after the Borrowers have given (or are deemed to have given) notice pursuant to  2.5
or  5.8, the making of any payment of a Eurodollar Loan or the making of any conversion of any such
Eurodollar Loan to a Base Rate Loan on a day that is not the last day of the applicable Interest
Period with respect thereto, including interest or fees payable by any Lender to lenders of funds
obtained by it in order to maintain any such Loans or upon a transfer of interest in Eurodollar
Rate Loans to an Acceding Lender pursuant to  18(g).

	Illegality; Inability to Determine Eurodollar
Rate.  Notwithstanding any other provision of this Credit Agreement, if (a) the
introduction of, any change in, or any change in the interpretation of, any law or regulation
applicable to the Administrative Agent or any Lender shall make it unlawful, or any central bank or
other governmental authority having jurisdiction thereof shall assert that it is unlawful, for any
Lender or the Administrative Agent to perform its obligations in respect of any Eurodollar Loans,
or (b) if any Lender or the Administrative Agent shall reasonably determine with respect to
Eurodollar Loans that (i) by reason of circumstances affecting any Eurodollar interbank market,
adequate and reasonable methods do not exist for ascertaining the Eurodollar Rate which would
otherwise be applicable during any Interest Period, or (ii) deposits of Dollars in the relevant
amount for the relevant Interest Period are not available to such Lender or the Administrative
Agent in any Eurodollar interbank market, or (iii) the Eurodollar Rate does not or will not
accurately reflect the cost to such Lender or the Administrative Agent of obtaining or maintaining
the applicable Eurodollar Loans  during any Interest Period, then such Lender or the Administrative
Agent shall promptly give telephonic, telex or cable notice of such determination to the Borrowers
(which notice shall be conclusive and binding upon the Borrowers).  Upon such notification by such
Lender or the Administrative Agent, the obligation of such Lender or the Administrative Agent to
make Eurodollar Loans shall be suspended until such Lender or the Administrative Agent determines
that such circumstances no longer exist, and the outstanding Eurodollar Loans shall continue to
bear interest at the applicable rate based on the Eurodollar Rate until the end of the applicable
Interest Period, and thereafter shall be deemed converted to Base Rate Loans in equal principal
amounts.

	Additional Costs, Etc.  If any
present or future applicable law, which expression, as used herein, includes statutes, rules and
regulations thereunder and interpretations thereof by any competent court or by any governmental or
other regulatory body or official charged with the administration or the interpretation thereof and
requests, directives, instructions and notices at any time or from time to time hereafter made upon
or otherwise issued to any Lender by any central bank or other fiscal, monetary or other authority
(whether or not having the force of law), shall impose on any Lender any tax, levy, impost, duty,
charge fees, deduction or withholdings of any nature or requirements with respect to this Credit
Agreement, the other Loan Documents, the Loans, such Lender's Commitment, the Letters of Credit or
any class of loans or commitments or letters of credit of which any of the Loans, the Commitments
or the Letters of Credit forms a part, and the result of any of the foregoing is:

	to increase the cost to such Lender of making, funding, issuing, renewing,
extending or maintaining the Loans, such Lender's Commitment, or the Letters of Credit; or

	to reduce the amount of principal, interest or other amount payable to such
Lender hereunder on account of such Lender's Commitment, the Loans, or drawings under the Letters
of Credit, or

	to require such Lender to make any payment or to forego any interest or
other sum payable hereunder, the amount of which payment or foregone interest or other sum is
calculated by reference to the gross amount of any sum receivable or deemed received by such Lender
from the Borrowers hereunder,

then, and in each such case, the Borrowers will, upon demand made by such Lender
at any time and from time to time and as often as the occasion therefor may arise, pay to such
Lender such additional amounts as will be sufficient to compensate such Lender for such additional
cost, reduction, payment or foregone interest or other sum (after such Lender shall have allocated
the same fairly and equitably among all customers of any class generally affected thereby).

	Replacement of Lenders.  If any Lender
(an "Affected Lender") (i) makes demand upon the Borrowers for (or if
the Borrowers are otherwise required to pay) amounts pursuant to   5.4 or 5.11 or (ii) is unable to
make or maintain Eurodollar Loans as a result of a condition described in  5.10, the Borrowers may,
within 90 days of receipt of such demand or notice (or the occurrence of such other event causing
the Borrowers to be required to pay such compensation or causing  5.10 to be applicable), by notice
in writing to the Administrative Agent and such Affected Lender (a "Replacement
Notice") (A) request the Affected Lender to cooperate with the Borrowers in obtaining a
replacement bank satisfactory to the Administrative Agent and the Borrowers (the
"Replacement Lender"); (B) request the non-Affected Lenders to acquire and
assume all of the Affected Lender's Loans and Commitment, as provided herein, but none of such
Lenders shall be under an obligation to do so; or (C) designate a Replacement Lender reasonably
satisfactory to the Administrative Agent.  If any satisfactory Replacement Lender shall be
obtained, and/or any of the non-Affected Lenders shall agree to acquire and assume all of the
Affected Lender's Loans and Commitment, then such Affected Lender shall, so long as no Event of
Default shall have occurred and be continuing, assign, in accordance with  18, all of its
Commitment, Loans and other rights and obligations under this Credit Agreement and all other Loan
Documents to such Replacement Lender or non-Affected Lenders, as the case may be, in exchange for
payment of the principal amount so assigned and all interest and fees accrued on the amount so
assigned, plus all other Obligations then due and payable to the Affected Lender; provided,
however, that (i) such assignment shall be without recourse, representation or warranty and
shall be on terms and conditions reasonably satisfactory to such Affected Lender and such
Replacement Lender and/or non-Affected Lenders, as the case may be, and (ii) prior to any such
assignment, the Borrowers shall have paid to such Affected Lender all amounts properly demanded and
unreimbursed under   5.4, 5.9, 5.10 and 5.11.  Upon the effective date of such assignment, and such
Replacement Lender and/or non-Affected Lenders shall become a "Lender" for all purposes
under this Credit Agreement and the other Loan Documents.

	Concerning Joint and Several Liability of the
Borrowers.

	Each Borrower accepts joint and several liability for the Obligations of all
of the Borrowers hereunder and under the other Loan Documents in consideration of the financial
accommodations to be provided by the Administrative Agent and the Lenders under this Credit
Agreement, for the mutual benefit, directly and indirectly, of each Borrower and in consideration
of the undertakings of each other Borrower to accept joint and several liability for the
Obligations.

	Each Borrower, jointly and severally, hereby irrevocably and unconditionally
accepts, not merely as a surety but also as a co-debtor, joint and several liability with the other
Borrowers with respect to the payment and performance of all of the Obligations (including, without
limitation, any Obligations arising under this  5.13), it being the intention of the parties hereto
that all of the Obligations shall be the joint and several Obligations of each Borrower without
preferences or distinction among them.

	If and to the extent that any of the Borrowers shall fail to make any
payment with respect to any of the Obligations as and when due or to perform any of the Obligations
in accordance with the terms thereof, then in each such event the other Borrowers will make such
payment with respect to, or perform, such Obligation.

	The Obligations of each Borrower under the provisions of this  5.13
constitute full recourse Obligations of each Borrower enforceable against each such Borrower to the
full extent of its properties and assets, irrespective of the validity, regularity or
enforceability of this Credit Agreement or any other circumstance whatsoever.

	Except as otherwise expressly provided in this Credit Agreement, each
Borrower, to the fullest extent permitted by applicable law, hereby waives notice of acceptance of
its joint and several liability, notice of any Loans made under this Credit Agreement, notice of
any action at any time taken or omitted by the Administrative Agent or the Lenders under or in
respect of any of the Obligations, and, generally, to the extent permitted by applicable law, all
demands, notices and other formalities of every kind in connection with this Credit Agreement.
Each Borrower, to the fullest extent permitted by applicable law, hereby waives all defenses which
may be available by virtue of any valuation, stay, moratorium law or other similar law now or
hereafter in effect, any right to require the marshaling of assets of the Borrowers and any other
Person primarily or secondarily liable with respect to any of the Obligations and all suretyship
defenses generally.  Each Borrower, to the fullest extent permitted by applicable law, hereby
assents to, and waives notice of, any extension or postponement of the time for the payment of any
of the Obligations, the acceptance of any payment of any of the Obligations, the acceptance of any
partial payment thereon, any waiver, consent or other action or acquiescence by the Lenders at any
time or times in respect of any default by any of the Borrowers in the performance or satisfaction
of any term, covenant, condition or provision of this Credit Agreement, any and all other
indulgences whatsoever by the Lenders in respect of any of the Obligations, and the taking,
addition, substitution or release, in whole or in part, at any time or times, of any security for
any of the Obligations or the addition, substitution or release, in whole or in part, of any of the
Borrowers.  Without limiting the generality of the foregoing, each Borrower assents to any other
action or delay in acting or failure to act on the part of the Lenders with respect to the failure
by any of the Borrowers to comply with any of its respective Obligations, including, without
limitation, any failure strictly or diligently to assert any right or to pursue any remedy or to
comply fully with applicable laws or regulations thereunder, which might, but for the provisions of
this  5.13, afford grounds for terminating, discharging or relieving any of the Borrowers, in whole
or in part, from any of its Obligations under this  5.13, it being the intention of each Borrower
that, so long as any of the Obligations hereunder remain unsatisfied, the Obligations of such
Borrowers under this  5.13 shall not be discharged except by performance and then only to the
extent of such performance.  The Obligations of each Borrower under this  5.13 shall not be
diminished or rendered unenforceable by any winding up, reorganization, arrangement, liquidation,
re-construction or similar proceeding with respect to any of the Borrowers, the Administrative
Agent or the Lenders.  The joint and several liability of the Borrowers hereunder shall continue in
full force and effect notwithstanding any absorption, merger, amalgamation or any other change
whatsoever in the name, membership, constitution or place of formation of any of the Borrowers, the
Administrative Agent or the Lenders.

	To the extent any Borrower makes a payment hereunder in excess of the
aggregate amount of the benefit received by such Borrower in respect of the extensions of credit
under the Credit Agreement (the "Benefit Amount"), then such Borrower, after the
payment in full, in cash, of all of the Obligations, shall be entitled to recover from each other
Borrower such excess payment, pro rata, in accordance with the ratio of the Benefit Amount
received by each such other Borrower to the total Benefit Amount received by all Borrowers, and the
right to such recovery shall be deemed to be an asset and property of such Borrower so funding;
provided, that each Borrower hereby agrees that it will not enforce any of its rights of
contribution or subrogation against the other Borrowers with respect to any liability incurred by
it hereunder or under any of the other Loan Documents, any payments made by it to any of the
Lenders or the Administrative Agent with respect to any of the Obligations or any collateral
security therefor until such time as all of the Obligations have been irrevocably paid in full in
cash.  Any claim which any Borrower may have against any other Borrower with respect to any
payments to the Lenders or the Administrative Agent hereunder or under any other Loan Document are
hereby expressly made subordinate and junior in right of payment, without limitation as to any
increases in the Obligations arising hereunder or thereunder, to the prior payment in full of the
Obligations and, in the event of any insolvency, bankruptcy, receivership, liquidation,
reorganization or other similar proceeding under the laws of any jurisdiction relating to any
Borrower, its debts or its assets, whether voluntary or involuntary, all such Obligations shall be
paid in full before any payment or distribution of any character, whether in cash, securities or
other property, shall be made to any other Borrower therefor.

	Each Borrower hereby agrees that the payment of any amounts due with respect
to the Indebtedness owing by any Borrower to any other Borrower is hereby subordinated to the prior
payment in full in cash of the Obligations.  Each Borrower hereby agrees that after the occurrence
and during the continuance of any Default or Event of Default, such Borrower will not demand, sue
for or otherwise attempt to collect any such Indebtedness of any other Borrower owing to such
Borrower until the Obligations shall have been paid in full in cash.  If, notwithstanding the
foregoing sentence, such Borrower shall collect, enforce or receive any amounts in respect of such
Indebtedness before payment in full in cash of the Obligations, such amounts shall be collected,
enforced, received by such Borrower as trustee for the Administrative Agent and be paid over to the
Administrative Agent for the pro rata accounts of the Lenders (in accordance with each such
Lender's Commitment Percentage and/or Term Loan Percentage, as the case may be) to be applied to
repay (or be held as security for the repayment of) the Obligations.

	The provisions of this  5.13 are made for the benefit of the Administrative
Agent and the Lenders and their successors and assigns, and may be enforced in good faith by them
from time to time against any or all of the Borrowers as often as the occasion therefor may arise
and without requirement on the part of the Administrative Agent or the Lenders first to marshal any
of their claims or to exercise any of their rights against any other Borrower or to exhaust any
remedies available to them against any other Borrower or to resort to any other source or means of
obtaining payment of any of the Obligations hereunder or to elect any other remedy.  The provisions
of this  5.13 shall remain in effect until all of the Obligations shall have been paid in full or
otherwise fully satisfied.  If at any time, any payment, or any part thereof, made in respect of
any of the Obligations, is rescinded or must otherwise be restored or returned by the
Administrative Agent or the Lenders upon the insolvency, bankruptcy or reorganization of any of the
Borrowers or is repaid in good faith settlement of a pending or threatened avoidance claim, or
otherwise, the provisions of this  5.13 will forthwith be reinstated in effect, as though such
payment had not been made.

	It is the intention and agreement of the Borrowers and the Lenders that the
obligations of the Borrowers under this Credit Agreement shall be valid and enforceable against the
Borrowers to the maximum extent permitted by applicable law.  Accordingly, if any provision of this
Credit Agreement creating any obligation of the Borrowers in favor of the Lenders shall be declared
to be invalid or unenforceable in any respect or to any extent, it is the stated intention and
agreement of the Borrowers and the Lenders that any balance of the obligation created by such
provision and all other obligations of the Borrowers to the Lenders created by other provisions of
this Credit Agreement shall remain valid and enforceable.  Likewise, if by final order a court of
competent jurisdiction shall declare any sums which the Lenders may be otherwise entitled to
collect from the Borrowers under this Credit Agreement to be in excess of those permitted under any
law (including any federal or state fraudulent conveyance or like statute or rule of law)
applicable to the Borrowers' obligations under this Credit Agreement, it is the stated intention
and agreement of the Borrowers and the Lenders that all sums not in excess of those permitted under
such applicable law shall remain fully collectible by the Lenders from the Borrowers.
	REPRESENTATIONS AND
WARRANTIES.

The Borrowers jointly and severally represent and warrant to the Lenders
that on and as of the date of this Credit Agreement, each Drawdown Date, and the date of issuance
of any Letter of Credit (with any disclosure on a schedule pursuant to this  6 applying to all
relevant representations and warranties, regardless of whether such schedule is referenced in each
relevant representation):

	Corporate Authority.

	Incorporation; Good Standing. Each Borrower (i) is a
corporation, partnership, limited liability company or similar business entity duly organized,
validly existing and in good standing or in current status under the laws of its respective state
of organization, (ii) has all requisite corporate (or equivalent company or partnership) power
to own its property and conduct its business as now conducted and as presently contemplated, and
(iii) is in good standing as a foreign corporation, partnership, limited liability company or
similar business entity and is duly authorized to do business in each jurisdiction in which its
property or business as presently conducted or contemplated makes such qualification necessary
except where a failure to be so qualified would not have a Material Adverse Effect.

	Authorization.  The execution, delivery and performance of the
Loan Documents and the transactions contemplated hereby and thereby (i) are within the corporate
(or equivalent company or partnership) authority of each Borrower, (ii) have been duly
authorized by all necessary corporate (or equivalent company or partnership) proceedings,
(iii) do not conflict with or result in any material breach or contravention of any provision
of law, statute, rule or regulation to which any Borrower is subject or any judgment, order, writ,
injunction, license or permit applicable to any Borrower so as to materially adversely affect the
assets, business or any activity of the Borrowers, and (iv) do not conflict with any provision
of the corporate charter or bylaws (or the equivalent company or partnership constitutive
documents) of any Borrower or any agreement or other instrument binding upon them, including,
without limitation, the 2022 Notes Indenture.

	Enforceability.  The execution, delivery and performance of
the Loan Documents will result in valid and legally binding obligations of the Borrowers
enforceable against each in accordance with the respective terms and provisions hereof and thereof,
except as enforceability is limited by bankruptcy, insolvency, reorganization, moratorium or other
laws relating to or affecting generally the enforcement of creditors' rights and except to the
extent that availability of the remedy of specific performance or injunctive relief is subject to
the discretion of the court before which any proceeding therefor may be brought.

	Governmental Approvals.  The execution,
delivery and performance by the Borrowers of the Loan Documents and the transactions contemplated
hereby and thereby do not require any approval or consent of, or filing with, any governmental
agency or authority other than those already obtained.

	Title to Properties; Leases.  The
Borrowers own all of the assets reflected in the consolidated balance sheets as at the Balance
Sheet Date or acquired since that date (except property and assets sold or otherwise disposed of in
the ordinary course of business since that date), subject to no mortgages, capitalized leases,
conditional sales agreements, title retention agreements, liens or other encumbrances except
Permitted Liens.

	Financial Statements;
Solvency.

	There has been furnished to the Lenders (i) audited consolidated financial
statements of the Borrowers dated the Balance Sheet Date and (ii) consolidated financial statements
of the Borrowers dated the Interim Balance Sheet Date.  Said financial statements have been
prepared in accordance with GAAP and fairly present in all material respects the financial
condition of the Borrowers on a consolidated basis, as at the close of business on the respective
dates thereof and the results of operations for the respective periods then ended.  There are no
contingent liabilities of the Borrowers involving material amounts, known to the officers of the
Borrowers, which have not been disclosed in said balance sheets and the related notes thereto or
otherwise in writing to the Lenders.

	The Borrowers on a consolidated basis (both before and after giving effect
to the transactions contemplated by this Credit Agreement) are and will be solvent (i.e., they have
assets having a fair value in excess of the amount required to pay their probable liabilities on
their existing debts as they become absolute and matured) and have, and expect to have, the ability
to pay their debts from time to time incurred in connection therewith as such debts
mature.

	No Material Changes, Etc.  Since the
Interim Balance Sheet Date, no Material Adverse Effect has occurred with respect to the financial
condition or businesses of the Borrowers, taken as a whole, as shown on or reflected in the
consolidated balance sheet of the Borrowers as of the Interim Balance Sheet Date, or the
consolidated statement of income for the fiscal year then ended.  Since the Interim Balance
Sheet Date, there have not been any Restricted Payments other than as permitted by  8.6
hereof.

	Permits, Franchises, Patents, Copyrights,
Etc.  Each Borrower possess all franchises, patents, copyrights, trademarks, trade names,
licenses and permits, and rights in respect of the foregoing, adequate for the conduct of their
businesses substantially as now conducted without known conflict with any rights of
others.

	Litigation.  Except as shown on
Schedules 6.7 and 6.16 hereto, there are no actions, suits, proceedings or
investigations of any kind pending or, to the knowledge of any Borrower, threatened against any
Borrower before any court, tribunal or administrative agency or board which, if adversely
determined, might, either in any individual case or in the aggregate, have a Material Adverse
Effect.

	No Materially Adverse Contracts, Etc.
No Borrower is subject to any charter, corporate or other legal restriction, or any judgment,
decree, order, rule or regulation which in the judgment of the Borrowers' officers has or is
expected in the future to have a Material Adverse Effect.  No Borrower is a party to any contract
or agreement which in the judgment of the Borrowers' officers has or is expected to have a Material
Adverse Effect, except as otherwise reflected in adequate reserves.

	Compliance With Other Instruments, Laws,
Etc.  No Borrower is violating any provision of its charter documents or by-laws (or the
equivalent company or partnership constitutive documents) or any agreement or instrument by which
any of them may be subject or by which any of them or any of their properties may be bound or any
decree, order, judgment, or any statute, license, rule or regulation, in a manner which could
result in the imposition of substantial penalties or have a Material Adverse Effect.

	Tax Status.  Each Borrower has made or
filed all federal and state income and all other tax returns, reports and declarations required by
any jurisdiction to which any of them is subject (unless and only to the extent that such Borrower
has set aside on its books provisions reasonably adequate for the payment of all unpaid and
unreported taxes); and have paid all taxes and other governmental assessments and charges that are
material in amount, shown or determined to be due on such returns, reports and declarations, except
those being contested in good faith; and have set aside on their books provisions reasonably
adequate for the payment of all taxes for periods subsequent to the periods to which such returns,
reports or declarations apply.  There are no unpaid taxes in any material amount claimed to be due
by the taxing authority of any jurisdiction, and the officers of the Borrowers know of no basis for
any such claim.

	No Event of Default.  No Default or
Event of Default has occurred and is continuing as of the date of this Credit
Agreement.

	Holding Company and Investment Company
Acts.  No Borrower is a "holding company," or a "subsidiary company" of
a "holding company," or an "affiliate" of a "holding company," as
such terms are defined in the Public Utility Holding Company Act of 1935; nor is any of them a
"registered investment company," or an "affiliated company" or a
"principal underwriter" of a "registered investment company," as such terms are
defined in the Investment Company Act of 1940, as amended.

	Absence of Financing Statements, Etc.
Other than Permitted Liens, there is no financing statement, security agreement, chattel mortgage,
real estate mortgage or other document filed or recorded with any filing records, registry, or
other public office, which purports to cover, affect or give notice of any present or possible
future lien on, or security interest in, any assets or property of any Borrower, or any rights
relating thereto.

	Employee Benefit Plans.

	Each Employee Benefit Plan and each Guaranteed Pension Plan has been
maintained and operated in compliance in all material respects with the provisions of ERISA and, to
the extent applicable, the Code, including but not limited to the provisions thereunder respecting
prohibited transactions and the bonding of fiduciaries and other persons handling plan funds as
required by  412 of ERISA.  Each Borrower has heretofore delivered to the Administrative Agent the
most recently completed annual report, Form 5500, with all required attachments, and actuarial
statement required to be submitted under  103(d) of ERISA, with respect to each Guaranteed Pension
Plan.

	No Employee Benefit Plan, which is an employee welfare benefit plan within
the meaning of  3(1) or  3(2)(B) of ERISA, provides benefit coverage subsequent to termination of
employment, except as required by Title I, Part 6 of ERISA or the applicable state
insurance laws.  A Borrower may terminate each such Plan at any time (or at any time subsequent to
the expiration of any applicable bargaining agreement) in the discretion of such Borrower without
liability to any Person other than for claims arising prior to termination.

	Each contribution required to be made to a Guaranteed Pension Plan, whether
required to be made to avoid the incurrence of an accumulated funding deficiency, the notice or
lien provisions of  302(f) of ERISA, or otherwise, has been timely made.  No waiver of an
accumulated funding deficiency or extension of amortization periods has been received with respect
to any Guaranteed Pension Plan, and no Borrower nor any ERISA Affiliate is obligated to or has
posted security in connection with an amendment to a Guaranteed Pension Plan pursuant to  307 of
ERISA or  401(a)(29) of the Code.  No liability to the PBGC (other than required insurance
premiums, all of which have been paid) has been incurred by any Borrower or any ERISA Affiliate
with respect to any Guaranteed Pension Plan and there has not been any ERISA Reportable Event
(other than an ERISA Reportable Event as to which the requirement of 30 days notice has been
waived), or any other event or condition which presents a material risk of termination of any
Guaranteed Pension Plan by the PBGC. Based on the latest valuation of each Guaranteed Pension Plan
(which in each case occurred within twelve months of the date of this representation), and on the
actuarial methods and assumptions employed for that valuation, the aggregate benefit liabilities of
all such Guaranteed Pension Plans within the meaning of  4001 of ERISA did not exceed the aggregate
value of the assets of all such Guaranteed Pension Plans, disregarding for this purpose the benefit
liabilities and assets of any Guaranteed Pension Plan with assets in excess of benefit
liabilities.

	No Borrower nor any ERISA Affiliate has incurred any material liability
(including secondary liability) to any Multiemployer Plan as a result of a complete or partial
withdrawal from such Multiemployer Plan under  4201 of ERISA or as a result of a sale of assets
described in  4204 of ERISA.  No Borrower nor any ERISA Affiliate has been notified that any
Multiemployer Plan is in reorganization or insolvent under and within the meaning of  4241 or  4245
of ERISA or is at risk of entering reorganization or becoming insolvent, or that any Multiemployer
Plan intends to terminate or has been terminated under  4041A of ERISA.

	Use of Proceeds.  

	  General.  

The proceeds of the Loans shall be used solely as follows:  (a)  to
refinance Indebtedness of the Borrowers under the Existing Credit Agreement; (b) to repurchase,
repay or refinance, in whole or in part, the 2022 Convertible Subordinated Notes; (c) to finance
acquisitions permitted pursuant to  8.4; and (d) for capital expenditures, working capital, Letters
of Credit, and general corporate purposes.

	  Regulations U and X.  

No portion of any Loan is to be used, and no portion of any Letter of Credit is
to be obtained, for the purpose of purchasing or carrying any "margin security" or
"margin stock" as such terms are used in Regulations U and X of the Board of Governors of
the Federal Reserve System, 12 C.F.R. Parts 221 and 224.

	  Ineligible Securities.

No portion of the proceeds of any Loans is to be used, and no portion of any
Letter of Credit is to be obtained, for the purpose of knowingly purchasing, or providing credit
support for the purchase of, during the underwriting or placement period or within thirty (30) days
thereafter, any Ineligible Securities underwritten or privately placed by a Financial
Affiliate.

	Environmental Compliance.  The
Borrowers have taken all necessary steps to investigate the past and present condition and usage of
the Real Properties and the operations conducted thereon and, based upon such diligent
investigation, have determined that, except as shown on Schedule
6.16:

	none of the Borrowers or Excluded Subsidiaries, nor any operator of their
properties, is in violation, or alleged violation, of any judgment, decree, order, law, permit,
license, rule or regulation pertaining to environmental matters, including without limitation,
those arising under RCRA, CERCLA, the Superfund Amendments and Reauthorization Act of 1986
("SARA"), the Federal Clean Water Act, the Federal Clean Air Act, the Toxic
Substances Control Act, or any state or local or federal or provincial statute, regulation,
ordinance, order or decree relating to health, safety or the environment (the
"Environmental Laws"), which violation would have a Material Adverse Effect;
and

	except where it would not have a Material Adverse Effect, (i) no portion of
the Real Property has been used for the handling, processing, storage or disposal of Hazardous
Substances and no underground tank or other underground storage receptacle for Hazardous Substances
is located on such properties; (ii) in the course of any activities conducted by the Borrowers, or,
to the Borrowers' knowledge by any other operators of the Real Property, no Hazardous Substances
have been generated or are being used on such properties; and (iii) there have been no unpermitted
Releases or threatened Releases of Hazardous Substances on, upon, into or from the Real
Property.

	Perfection of Security Interests.  All
filings, assignments, pledges and deposits of documents or instruments to be made by the Borrowers
have been made and all other actions have been taken that are necessary or advisable under
applicable law to establish and perfect the Administrative Agent's security interest in the
Collateral.  The Collateral and the Administrative Agent's rights with respect to the Collateral
are not subject to any setoff, claims, withholdings or other defenses.

	Transactions with Affiliates.  Except
as disclosed in Schedule 6.18 or filings made by the Borrowers under the Securities Exchange
Act of 1934 prior to the Closing Date, and except for arm's length transactions pursuant to which a
Borrower makes payments in the ordinary course of business upon terms no less favorable than such
Borrower could obtain from third parties, none of the officers, directors, or employees of any
Borrower is presently a party to any transaction with another Borrower (other than for services as
employees, officers and directors), including any contract, agreement or other arrangement
providing for the furnishing of services to or by, providing for rental of real or personal
property to or from, or otherwise requiring payments to or from any officer, director or such
employee or, to the knowledge of any Borrower, any corporation, partnership, trust or other entity
in which any officer, director, or any such employee has a substantial interest or is an officer,
director, trustee or partner.

	Subsidiaries.  Schedule 2 (as
updated from time to time pursuant to  7.16) sets forth a complete and accurate list of the
Subsidiaries of the Parent, including the name of each Subsidiary, the location of its chief
executive office, and its jurisdiction of incorporation, together with the number of authorized and
outstanding shares of each Subsidiary.  Each Subsidiary listed on Schedule 2 is
(a) wholly owned by the Parent (except as noted in such Schedule) and (b) is a Borrower
hereunder (except the Excluded Subsidiaries), 100% of the assets and stock (or in the case of a
foreign Subsidiary, 65% of the stock) of which have been pledged to the Administrative Agent on
behalf of the Lenders (subject to Permitted Liens) pursuant to the Security Documents.  The Parent
has good and marketable title to all of the shares it purports to own of the stock of each such
Subsidiary, and each other Borrower has good and marketable title to all of the shares it purports
to own of the stock of such Subsidiary, free and clear in each case of any lien.  All such shares
have been duly issued and are fully paid and non-assessable.

	True Copies of Charter and Other
Documents.  Each Borrower has furnished the Administrative Agent copies, in each case true
and complete as of the Closing Date, of its (a) charter and other constitutive documents and
(b) by-laws (or equivalent constitutive documents), each including any amendments
thereto.

	Disclosure.  Neither this Credit
Agreement, nor any of the other Loan Documents, nor any document or information furnished by the
Borrowers in connection therewith contains any untrue statement of a material fact or omits to
state a material fact (known to any Borrower in the case of any document or information not
furnished by the Borrowers) necessary in order to make the statements herein or therein not
misleading.  There is no fact known to any Borrower which materially adversely affects, or which is
reasonably likely in the future to materially adversely affect, the business, assets, or financial
condition of any Borrower, exclusive of effects resulting from changes in general economic
conditions, legal standards or regulatory conditions.

	Capitalization.  

	As of September 30, 2004, the authorized Capital Stock of the Parent
consists of (i) 100,000,000 shares of common stock (par value $0.01 per share) of which 47,861,766
shares were outstanding as of such date, and (ii) 7,500,000 shares of preferred stock of which none
were outstanding as of such date.  All of such outstanding shares are fully paid and non-
assessable.  In addition, as of September 30, 2004, the board of directors of the Parent has duly
reserved (A) 199,449 shares of the Parent's common stock for issuance pursuant to outstanding
warrants, (B) 5,848,562 shares of the Parent's common stock for issuance pursuant to outstanding
options, (C) 4,483,479 shares of the Parent's common stock for issuance upon the exercise of
employee stock options available to be granted pursuant to the Parent's stock option plans, of
which up to 300,000 shares may be issued as restricted stock, (D) 198,600 shares of the Parent's
common stock available to be granted pursuant to the Parent's warrant plans, (E) 5,424,668 shares
of the Parent's common stock for issuance upon the conversion of the 2022 Convertible Subordinated
Notes, (F) 99,222 shares of the Parent's common stock issued and restricted under a restricted
stock plan for general issuance and (G) subject to clause (C) above, 17,787 shares of the Parent's
common stock available to be granted under restricted stock plans.

	The shares of the Capital Stock of the Subsidiaries pledged to the
Administrative Agent pursuant to the Securities Pledge Agreement are held of record as set forth on
the Annex A to the Securities Pledge Agreement.  Such Capital Stock constitutes, of
record, 100% of the outstanding Capital Stock of each such Subsidiary (or in the case of a foreign
Subsidiary, 65% of the outstanding Capital Stock), and, to our knowledge, on a fully-diluted basis,
100% of such outstanding Capital Stock (or in the case of a foreign Subsidiary, 65% of such
outstanding Capital Stock).

	Foreign Assets Control
Regulations, Etc.  None of the requesting or borrowing of the Loans, the requesting or
issuance, extension or renewal of any Letters of Credit or the use of the proceeds of any thereof
will violate the Trading With the Enemy Act (50 U.S.C.   1 et seq., as amended) (the
"Trading With the Enemy Act") or any of the foreign assets control regulations of
the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended) (the
"Foreign Assets Control Regulations") or any enabling legislation or executive
order relating thereto (which for the avoidance of doubt shall include, but shall not be limited to
(a) Executive Order 13224 of September 21, 2001 Blocking Property and Prohibiting Transactions With
Persons Who Commit, Threaten to Commit, or Support Terrorism (66 Fed. Reg. 49079 (2001)) (the
"Executive Order") and (b) the Uniting and Strengthening America by Providing
Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (Public Law 107-56)).
Furthermore, no Borrower or other Affiliates (a) is or will become a "blocked person" as
described in the Executive Order, the Trading With the Enemy Act or the Foreign Assets Control
Regulations or (b) engages or will engage in any dealings or transactions, or be otherwise
associated, with any such "blocked person".

	Guarantees of Excluded Subsidiaries.
Except as permitted under  8.1 or  8.3, no Borrower has executed a guarantee with respect to
Indebtedness incurred by an Excluded Subsidiary, and no Excluded Subsidiary has guaranteed any
Subordinated Debt or Permitted Debt Offering.
	AFFIRMATIVE COVENANTS OF THE BORROWERS.

The Borrowers covenant and agree that, so long as any Obligation is
outstanding or any Lender has any obligation to make any Loans or the Administrative Agent has any
obligation to issue, extend or renew any Letters of Credit:

	Punctual Payment.  The Borrowers will
duly and punctually pay or cause to be paid the principal and interest on the Loans, all
Reimbursement Obligations, fees and other amounts provided for in this Credit Agreement and the
other Loan Documents, all in accordance with the terms of this Credit Agreement and such other Loan
Documents.

	Maintenance of Offices.  The Parent
will maintain its chief executive offices at 35 Iron Point Circle, Suite 200, Folsom, California
95630-8589, and each Subsidiary will maintain its chief executive offices at the location set forth
on Schedule 2, or at such other place in the United States as the Borrowers shall
designate upon 30 days' prior written notice to the Administrative Agent.

	Records and Accounts.  Each Borrower
will (i) keep true and accurate records and books of account in which full, true and correct
entries will be made in accordance with generally accepted accounting principles,
(ii) maintain adequate accounts and reserves for all taxes (including income taxes),
depreciation, depletion, obsolescence and amortization of its properties, contingencies, and other
reserves, and (iii) at all times engage the Accountants as the independent certified public
accountants of the Borrowers.

	Financial Statements,
Certificates and Information.  The Borrowers will deliver to the Lenders:

	within five (5) days after the filing with the Securities and Exchange
Commission of the Parent's Annual Report on Form 10-K with respect to each fiscal year (and in any
event within 100 days after the end of such fiscal year), the consolidated and consolidating
balance sheets of the Borrowers as at the end of such year, statements of cash flows, and the
related consolidated and consolidating statements of operations, each setting forth in comparative
form the figures for the previous fiscal year, all such consolidated and consolidating financial
statements to be in reasonable detail, prepared in accordance with GAAP and, with respect to the
consolidated financial statements, certified by the Accountants;

	within five (5) days after the filing with the Securities and Exchange
Commission of the Parent's Quarterly Report on Form 10-Q with respect to the first three fiscal
quarters of each fiscal year (and in any event within 55 days after the end of each such fiscal
quarter), copies of the consolidated and consolidating balance sheets and statement of operations
of the Borrowers as at the end of such quarter, subject to year end adjustments, and the related
statement of cash flows, all in reasonable detail and prepared in accordance with GAAP, with a
certification by the principal financial or accounting officer of the Borrowers (the
"CFO") that the consolidated financial statements are prepared in accordance with
GAAP and fairly present the consolidated financial condition of the Borrowers as at the close of
business on the date thereof and the results of operations for the period then ended;

	simultaneously with the delivery of the financial statements referred to in
(a) and (b) above, a statement in the form of Exhibit B hereto (the
"Compliance Certificate") certified by the CFO that the Borrowers are in
compliance with the covenants contained in   7, 8 and 9 hereof as of the end of the applicable
period setting forth in reasonable detail computations evidencing such compliance, provided
that if the Borrowers shall at the time of issuance of such certificate or at any other time
obtain knowledge of any Default or Event of Default, the Borrowers shall include in such
certificate or otherwise deliver forthwith to the Lenders a certificate specifying the nature and
period of existence thereof and what action the Borrowers propose to take with respect thereto and
a certificate of the Borrowers' Chief Operating Officer in the form attached hereto as
Exhibit C with respect to environmental matters;

	as soon as practicable, but in any event not later than sixty (60) days
after each fiscal year end of the Borrowers, a copy of the annual budget and projections for the
Borrowers for such fiscal year;

	contemporaneously with, or promptly following, the filing or mailing
thereof, copies of all material of a financial nature filed with the Securities and Exchange
Commission or sent to the stockholders of the Borrowers; and

	from time to time, such other financial data and other information
(including accountants' management letters) as the Lenders may reasonably request.

The Borrowers hereby acknowledge that (i) the Administrative Agent will make
available to the Lenders and the Issuing Lender materials and/or information provided by or on
behalf of the Borrowers hereunder (collectively, "Borrower Materials") by posting
Borrower Materials on IntraLinks or another similar electronic system (the "Platform") and
(ii) certain of the Lenders may be "public-side" Lenders (i.e., Lenders that do not wish to receive
material non-public information with respect to the Borrowers or their securities) (each, a
"Public Lender").  The Borrowers hereby agree that (w) all Borrower Materials that
are to be made available to Public Lenders shall be clearly and conspicuously marked "PUBLIC" by
the Borrowers, which, at a minimum, shall mean that the word "PUBLIC" shall appear prominently on
the first page thereof; (x) by marking Borrower Materials "PUBLIC", the Borrowers shall be deemed
to have authorized the Administrative Agent, the Issuing Lender and the Lenders to treat such
Borrower Materials as either publicly available information or not material information (although
it may be sensitive and proprietary) with respect to the Borrowers or their securities for purposes
of United States Federal and state securities laws; (y) all Borrower Materials marked "PUBLIC" are
permitted to be made available through a portion of the Platform designated "Public Investor"; and
(z) the Administrative Agent shall be entitled to treat any Borrower Materials that are not marked
"PUBLIC" as being suitable only for posting on a portion of the Platform not designated "Public
Investor".

	Legal Existence and Conduct of
Business.  Each Borrower will do or cause to be done all things necessary to preserve and
keep in full force and effect its legal existence, legal rights and franchises; effect and maintain
its foreign qualifications, licensing, domestication or authorization except as terminated by such
Borrower's Board of Directors in the exercise of its reasonable judgment and except where the
failure of a Borrower to remain so qualified would not have a Material Adverse Effect; use its best
efforts to comply with all applicable laws except where any noncompliance would not have a Material
Adverse Effect; and shall not become obligated under any contract or binding arrangement which, at
the time it was entered into would have a Material Adverse Effect.  Each Borrower will continue to
engage primarily in the businesses now conducted by it and in related businesses.

	Maintenance of Properties.  The
Borrowers will cause all material properties used or useful in the conduct of their businesses to
be maintained and kept in good condition, repair and working order and supplied with all necessary
equipment and will cause to be made all necessary repairs, renewals, replacements, betterments and
improvements thereof, all as in the judgment of the Borrowers may be necessary so that the
businesses carried on in connection therewith may be properly and advantageously conducted at all
times; provided, however, that nothing in this section shall prevent the Borrowers
from discontinuing the operation and maintenance of any of their properties if such discontinuance
is, in the judgment of the Borrowers, desirable in the conduct of their business and which does not
in the aggregate have a Material Adverse Effect.

	Insurance.  The Borrowers will maintain
with financially sound and reputable insurance companies, funds or underwriters' insurance of the
kinds, covering the risks (other than risks arising out of or in any way connected with personal
liability of any officers and directors thereof) and in the relative proportionate amounts usually
carried by reasonable and prudent companies conducting businesses similar to that of the Borrowers,
but in no event less than that required under  7 of the Security Agreement.  In addition, the
Borrowers will furnish from time to time, upon the Administrative Agent's request, a summary of the
insurance coverage, which summary shall be in form and substance satisfactory to the Administrative
Agent and, if requested by the Administrative Agent, will furnish to the Administrative Agent
copies of the applicable policies naming the Administrative Agent as a loss payee and/or additional
insured (as applicable) thereunder.  Notwithstanding the foregoing, the Borrowers shall be
permitted to maintain self insurance programs of the kinds, covering the risks and in the relative
amounts as more particularly described on Schedule 7.7.

	Taxes.  The Borrowers will duly pay and
discharge, or cause to be paid and discharged, before the same shall become overdue, all taxes,
assessments and other governmental charges (other than taxes, assessments and other governmental
charges imposed by foreign jurisdictions which in the aggregate are not material to the business or
assets of any Borrower on an individual basis or of the Borrowers on a consolidated basis) imposed
upon it and its real properties, sales and activities, or any material part thereof, or upon the
income or profits therefrom, as well as all claims for labor, materials, or supplies, which if
unpaid might by law become a lien or charge upon any material portion of its property, unless such
lien is a Permitted Lien; provided, however, that any such tax, assessment, charge,
levy or claim need not be paid if the validity or amount thereof shall currently be contested in
good faith by appropriate proceedings and if such Borrower shall have set aside on its books
adequate reserves with respect thereto; and provided, further, that the Borrowers
will pay all such taxes, assessments, charges, levies or claims forthwith upon the commencement of
proceedings to foreclose any lien which may have attached as security therefor.

	Inspection of Properties, Books, and
Contracts.  The Borrowers will permit the Lenders, the Administrative Agent or any of their
designated representatives, upon reasonable notice and during normal business hours, to visit and
inspect any of their properties, to examine their books of account (including the making of
periodic accounts receivable reviews), or contracts (and to make copies thereof and extracts
therefrom), and to discuss their affairs, finances and accounts with, and to be advised as to the
same by, their officers, all at such times and intervals as the Lenders or the Administrative Agent
may reasonably request.

	Compliance with Laws, Contracts, Licenses and
Permits; Maintenance of Material Licenses and Permits.  The Borrowers will and will cause
the Excluded Subsidiaries to (i) comply with the provisions of their charter documents and by-
laws (or the equivalent constitutive documents) and all agreements and instruments by which they or
any of their properties may be bound; and (ii) comply with all applicable laws and regulations
(including Environmental Laws), decrees, orders, judgments, licenses and permits, including,
without limitation, all environmental permits hereto ("Applicable Laws"),
except where noncompliance with such Applicable Laws would not have a Material Adverse Effect.  If
at any time while any Loan or Letter of Credit is outstanding or any Lender or the Administrative
Agent has any obligation to make Loans or issue Letters of Credit hereunder, any authorization,
consent, approval, permit or license from any officer, agency or instrumentality of any government
shall become necessary or required in order that the Borrowers may fulfill any of their obligations
hereunder, the Borrowers will immediately take or cause to be taken all reasonable steps within the
power of the Borrowers to obtain such authorization, consent, approval, permit or license and
furnish the Lenders with evidence thereof.

	Environmental Indemnification.  Each
Borrower covenants and agrees that it will indemnify and hold the Lenders harmless from and against
any and all claims, expense, damage, loss or liability incurred by the Lenders (including all costs
of legal representation incurred by the Lenders) relating to (a) any Release or threatened
Release of Hazardous Substances on the Real Property; (b) any violation of any Environmental
Laws with respect to conditions at the Real Property or the operations conducted thereon; or
(c) the investigation or remediation of offsite locations at which any Borrower or its
predecessors are alleged to have directly or indirectly disposed of Hazardous Substances.  It is
expressly acknowledged by each Borrower that this covenant of indemnification shall include claims,
expense, damage, loss or liability incurred by the Lenders based upon the Lenders' negligence, and
this covenant shall survive any foreclosure or any modification, release or discharge of the Loan
Documents or the payment of the Loans and shall inure to the benefit of the Lenders, their
successors and assigns.

	Further Assurances.  The Borrowers will
cooperate with the Lenders and execute such further instruments and documents as the Lenders or the
Administrative Agent shall reasonably request to carry out to the Lenders' satisfaction the
transactions contemplated by this Credit Agreement and the Loan Documents.

	Notice of Potential Claims or
Litigation.  The Borrowers will deliver to the Lenders, within 30 days of receipt
thereof, written notice of the initiation of any action, claim, complaint, or any other notice of
dispute or potential litigation (including without limitation any alleged violation of any
Environmental Law), wherein the potential liability is in excess of $5,000,000 together with a copy
of each such notice received by any Borrower or any Excluded Subsidiary.

	Notice of Certain Events Concerning Insurance
and Environmental Claims.

	The Borrowers will provide the Lenders with written notice as to any
material cancellation or material change in any insurance of the Borrowers within ten
(10) Business Days after the Borrowers' receipt of any notice (whether formal or informal) of
such cancellation or change by any of their insurers.

	The Borrowers will promptly notify the Lenders in writing of any of the
following events:

	upon obtaining knowledge of any violation of any Environmental Law regarding
the Real Property or any Borrower's operations, which violation could have a Material Adverse
Effect; (ii) upon obtaining knowledge of any potential or known Release or threat of Release
of any Hazardous Substance at, from, or into the Real Property which is reportable in writing to
any governmental authority and which is material in amount or nature; (iii) upon receipt of
any notice of violation of any Environmental Laws or of any Release or threatened Release of
Hazardous Substances, including a notice or claim of liability or potential responsibility from any
third party (including without limitation any federal, state or local governmental officials) and
including notice of any formal inquiry, proceeding, demand, investigation or other action with
regard to (A) operation of the Real Property, (B) contamination on, from or into the Real
Property, or (C) investigation or remediation of offsite locations at which any Borrower or
any of its predecessors is alleged to have directly or indirectly Disposed of Hazardous Substances,
which violation or Release in any such case could have a Material Adverse Effect; or (iv) upon
obtaining knowledge that any material expense or loss has been incurred by such governmental
authority in connection with the assessment, containment, removal or remediation of any Hazardous
Substances with respect to which any Borrower may be liable or for which a lien may be imposed on
the Real Property.

	Notice of Default.  The Borrowers will
promptly notify the Lenders in writing of the occurrence of any Default or Event of Default.  If
any Person shall give any notice or take any other action in respect of a claimed default (whether
or not constituting an Event of Default) under this Credit Agreement or any other note, evidence of
Indebtedness, indenture or other obligation evidencing Indebtedness in excess of $5,000,000 as to
which any Borrower is a party or obligor, whether as principal or surety, the Borrowers shall
forthwith give written notice thereof to the Lenders, describing the notice of action and the
nature of the claimed default.

	New Subsidiaries.  

	Any new Subsidiary (other than Excluded Subsidiaries) created or acquired by
a Borrower as permitted under  8.4 shall become a Borrower hereunder on or before the fifteenth
(15th) Business Day after the end of the calendar month in which such Subsidiary was created or
acquired or such earlier date as the Administrative Agent may, in its sole discretion, require but
no earlier than the fifteenth (15th) Business Day after the date of the creation or acquisition of
such Subsidiary, by (i) signing a joinder agreement in substantially the form attached hereto as
Exhibit E or entering into an amendment to this Credit Agreement and the Security
Documents, as applicable, with the other parties hereto and thereto, in form and substance
satisfactory to the Administrative Agent, providing that such Subsidiary shall become a Borrower
hereunder, 100% of the stock (or in the case of a foreign Subsidiary, 65% of the stock) and assets
of which shall be pledged to the Administrative Agent for the benefit of the Lenders (subject to
Permitted Liens), and (ii) providing such other documentation as the Administrative Agent may
reasonably request, including, without limitation, documentation with respect to the conditions
specified in  10 hereof.  In such event, the Administrative Agent is hereby authorized by the
parties to amend Schedule 2 to include such new Subsidiary.

	The Parent shall at all times directly or indirectly through a Subsidiary
own all of the Capital Stock of each of the Subsidiaries (other than the Excluded Subsidiaries),
and such Capital Stock shall at all times be pledged to the Administrative Agent pursuant to the
Securities Pledge Agreement or pursuant to a pledge agreement in form and substance satisfactory to
the Administrative Agent.

	Employee Benefit Plans.  The Borrowers
will (i) promptly upon filing the same with the Department of Labor or Internal Revenue
Service, upon request of the Administrative Agent, furnish to the Administrative Agent a copy of
the most recent actuarial statement required to be submitted under  103(d) of ERISA and Annual
Report, Form 5500, with all required attachments, in respect of each Guaranteed Pension Plan and
(ii) promptly upon receipt or dispatch, furnish to the Administrative Agent any notice, report
or demand sent or received in respect of a Guaranteed Pension Plan under   302, 4041, 4042, 4043,
4063, 4065, 4066 and 4068 of ERISA, or in respect of a Multiemployer Plan, under   4041A, 4202,
4219, 4242, or 4245 of ERISA.

	Notice of Permitted
Debt Offerings.  The Borrowers will promptly notify the Lenders in writing of the issuance
and general terms (including the dates of any principal payments) of any Permitted Debt Offering.
In addition, the Borrowers shall provide the Lenders with one hundred (100) days prior written
notice of any Permitted Debt Offering Maturity Event.
	CERTAIN NEGATIVE COVENANTS OF THE BORROWERS.

The Borrowers covenant and agree that, so long as any Obligation is
outstanding or any Lender has any obligation to make any Loans or the Administrative Agent has any
obligation to issue, extend or renew any Letters of Credit:

	Restrictions on Indebtedness.  No
Borrower shall become or be a guarantor or surety of, or otherwise create, incur, assume, or be or
remain liable, contingently or otherwise, with respect to any Indebtedness, or become or be
responsible in any manner (whether by agreement to purchase any obligations, stock, assets, goods
or services, or to supply or advance any funds, assets, goods or services or otherwise) with
respect to any undertaking or Indebtedness of any other Person, or incur any Indebtedness other
than:

	Indebtedness to the Lenders and the Administrative Agent
arising under this Credit Agreement and the other Loan Documents;

	incurrence of guaranty, suretyship or indemnification obligations in
connection with the Borrowers' performance of services for their respective customers in the
ordinary course of their businesses;

	Indebtedness of one Borrower to another Borrower;

	(i)Indebtedness of the Borrowers incurred in connection with the
acquisition or lease of any equipment or other property by the Borrowers under any Synthetic Lease,
Capitalized Lease or other lease arrangement or purchase money financing and (ii) other
Indebtedness (other than as permitted under other subsections hereof), provided that all
Indebtedness under this clause (d) shall not exceed in the aggregate the greater of (i)
$100,000,000 and (ii) eight percent (8%) of Consolidated Total Assets, at any time
outstanding;

	Indebtedness of the Borrowers with respect to bonds for closure and post-
closure obligations relating to any landfill owned or operated by the Borrowers and municipal
collection contracts;

	The Pierce County Put;

	the Convertible Subordinated Notes and any Subordinated Debt issued in
connection with the prepayment, purchase or replacement of the 2022 Convertible Subordinated Notes
effectuated in accordance with  8.11 herein, provided, (i) the Subsidiaries are not
guarantors of the Convertible Subordinated Notes and (ii) the Obligations of the Borrowers under
this Credit Agreement and the obligations of the Borrowers under any Swap Contracts with the
Lenders shall be Designated Senior Indebtedness as defined in the 2022 Notes Indenture;

	Indebtedness with respect to any Permitted Debt Offering;

	Indebtedness with respect to the L/C Supported IRBs;

	Indebtedness of the Borrowers in respect of Swap Contracts (including fuel
price swaps, fuel price caps, and fuel price collar or floor agreements, and similar agreements or
arrangements) entered into in the ordinary course of business and not for speculative
purposes;

	Indebtedness of the Borrowers with respect to letters of credit of Persons
acquired by the Borrowers; provided, that such letters of credit shall be retired or
replaced by Letters of Credit under this Agreement as soon as possible but in any event not later
than one hundred twenty days (120) days after the closing of any such acquisition;

	Indebtedness of the Parent or any of its Subsidiaries incurred in connection
with Permitted Receivables Transactions not exceeding $75,000,000 in an aggregate principal amount
at any one time outstanding; and

	Indebtedness of any Receivables SPV arising out of any investment in such
Receivables SPV made by the Parent, the Borrowers or any Subsidiary of any Borrower in accordance
with  8.3 (k).

	Restrictions on Liens.  No Borrower
shall create or incur or suffer to be created or incurred or to exist any lien, encumbrance,
mortgage, pledge, charge, restriction or other security interest of any kind upon any property or
assets of any character, whether now owned or hereafter acquired, or upon the income or profits
therefrom; or transfer any of such property or assets or the income or profits therefrom for the
purpose of subjecting the same to the payment of Indebtedness or performance of any other
obligation in priority to payment of its general creditors; or acquire, or agree or have an option
to acquire, any property or assets upon conditional sale or other title retention or purchase money
security agreement, device or arrangement; or suffer to exist for a period of more than 30 days
after the same shall have been incurred any Indebtedness or claim or demand against it which if
unpaid might by law or upon bankruptcy or insolvency, or otherwise, be given any priority
whatsoever over its general creditors; or sell, assign, pledge or otherwise transfer any accounts,
contract rights, general intangibles or chattel paper, with or without recourse, except as follows
(the "Permitted Liens"):

	Liens to secure taxes, assessments and other government charges in respect
of obligations not overdue or liens on properties to secure claims for labor, material or supplies
in respect of obligations not overdue (provided that, if the obligation with respect to which any
such lien arises is being contested in good faith by appropriate proceedings, such obligation may
remain unpaid during the pendency of such proceedings as long as the Borrowers shall have set aside
on their books adequate reserves with respect thereto);

	Deposits or pledges made in connection with, or to secure payment of,
workmen's compensation, unemployment insurance, old age pensions or other social security
obligations;

	Liens in respect of judgments or awards which have been in force for less
than the applicable period for taking an appeal so long as execution is not levied thereunder or in
respect of which the applicable Borrower shall at the time in good faith be prosecuting an appeal
or proceedings for review and in respect of which a stay of execution shall have been obtained
pending such appeal or review and in respect of which such Borrower maintains adequate
reserves;

	Liens of carriers, warehousemen, mechanics and materialmen, and other like
liens, in existence less than 120 days from the date of creation thereof in respect of obligations
not overdue, provided that such liens may continue to exist for a period of more than
120 days if the validity or amount thereof shall currently be contested by the applicable Borrower
in good faith by appropriate proceedings and if such Borrower shall have set aside on its books
adequate reserves with respect thereto as required by GAAP and provided further that
such Borrower will pay any such claim forthwith upon commencement of proceedings to foreclose any
such lien;

	Encumbrances on Real Property consisting of easements, rights of way, zoning
restrictions, restrictions on the use of real property and defects and irregularities in the title
thereto, landlord's or lessor's liens under leases to which any Borrower is a party, and other
minor liens or encumbrances none of which in the opinion of such Borrower interferes materially
with the use of the property affected in the ordinary conduct of the business of such Borrower,
which defects do not individually or in the aggregate have a Material Adverse Effect;

	Liens securing Indebtedness permitted under  8.1(d)(i) or under  8.1(k)
(including first priority liens securing purchase money Indebtedness) incurred in connection with
the lease or acquisition of property or fixed assets or industrial bond financings, provided
that such Liens shall encumber only the property or assets so acquired or financed and shall
not exceed the fair market value thereof;

	Liens in favor of the Administrative Agent for the benefit of the Lenders
and the Administrative Agent under the Security Documents;

	Liens granted in favor of any Lender or the Administrative Agent for the
benefit of the Lenders and the Administrative Agent under any Swap Contract;

	Liens granted in favor of Evergreen or one of its affiliates on the
Evergreen Shares (and on any additional shares of Evergreen acquired by the Parent resulting from
the exercise of the Evergreen Option) as security for surety bonds issued by Evergreen or such
affiliate to the Borrowers;

	Liens, whether created by contract, law, regulation or ordinance, (i)
securing Indebtedness permitted by   8.1(b), (e) and (k), provided that any security
granted therefor is limited to (i) rights to payment under, and use of equipment or related assets
to perform, the contracts to which such guaranty, suretyship or bond obligations relate, (ii) Liens
arising under the laws of suretyship and (iii) similar Liens granted in favor of municipalities or
other governmental entities pursuant to any Scheduled Contract from time to time listed on
Schedule 8.2(j), provided, that the Administrative Agent is notified in writing on a
quarterly basis of any additions to such Schedule 8.2(j), and provided,
further, that such liens (A) encumber only the containers, bins, carts and vehicles used in
connection with such Scheduled Contract and (B) are promptly released as soon as such release is
not prohibited under the terms of such Scheduled Contract; with the Administrative Agent being
hereby authorized by the parties to amend Schedule 8.2(j) to reflect any new
Scheduled Contracts;

	Liens listed on Schedule 8.2(k) hereto;

	Liens securing deposits made on account of liabilities to insurance carriers
under insurance or self-insurance arrangements; and

	Liens granted to a Receivables SPV in connection with a Permitted
Receivables Transaction and securing Indebtedness of the Borrowers and their Subsidiaries permitted
by  8.1(l) provided that such Liens attach only to the accounts receivable which are
the subject of such Indebtedness and to the Capital Stock of the Receivables SPV.

	Restrictions on Investments.  No
Borrower shall purchase or acquire, or make any commitment therefor, any Capital Stock, or other
obligations of any other Person, or make or commit to make any acquisition under  8.4, or make or
commit to make any advance, loan, extension of credit or capital contribution to or any other
investment in, any other Person, other than:

	marketable direct or guaranteed obligations of the United
States of America that mature within one (1) year from the date of purchase;

	demand deposits, insured deposits, certificates of deposit, bankers
acceptances and time deposits of United States banks or Eligible Foreign Lenders having unimpaired
capital and surplus in excess of $1,000,000,000 or, in the case of a Lender under this Agreement,
$250,000,000;

	securities commonly known as "commercial paper" issued by a
corporation organized and existing under the laws of the United States of America or any state
thereof that at the time of purchase have been rated and the ratings for which are not less than
"P 1" if rated by Moody's Investors Service, Inc., and not less than
"A 1" if rated by Standard and Poor's Rating Group;

	extensions of credit in the nature of accounts receivable or notes
receivable arising from the sale or lease of goods or services in the ordinary course of
business;

	investments existing on the date hereof and listed on
Schedule 8.3;

	loans and advances and equity investments by any Borrower to another
existing Borrower;

	investments permitted under  8.4;

	loans to employees of the Parent for the purpose of financing such
employees' acquisition of equity of the Parent (through the exercise of stock options or otherwise)
or for relocation, travel and entertainment costs and expenses in an aggregate principal amount not
to exceed $5,000,000 at any time outstanding;

	the Evergreen Shares and the Evergreen Option; provided that
the Parent may only exercise the Evergreen Option so long as the sum of the total cash
consideration paid by the Parent for the Evergreen Shares and any additional shares of Evergreen
acquired by the Parent resulting from the exercise of the Evergreen Option does not exceed twelve
million dollars ($12,000,000) in the aggregate;

	Investments in trust funds securing closure and post-closure obligations of
any Borrower relating to any landfill owned or operated by such Borrower; and

	formation and funding of a Receivables SPV in connection with a Permitted
Receivables Transaction in an amount not to exceed $1,000,000.

	in addition to Investments permitted under clauses (a) through (k) above,
other Investments not otherwise permitted hereunder in an aggregate amount not to exceed the
greater of (i) $25,000,000 and (ii) two percent (2%) of Consolidated Total Assets, at any time
outstanding;

provided, that none of the Borrowers shall make any Investments under
clauses (i), (k) or (l) above unless both before and after giving effect thereto there does not
exist a Default or Event of Default and no Default or Event of Default would be created by the
making of such Investment .

	Merger, Consolidation and
Disposition of Assets.

	Mergers and Acquisitions.  The
Borrowers will not become a party to any merger or consolidation, or agree to or effect any asset
acquisition or stock acquisition (other than the acquisition of assets in the ordinary course of
business consistent with past practices and with respect to asset swaps) except the merger or
consolidation of, or asset or stock acquisitions between existing Borrowers, and except as
otherwise provided in this  8.4.1.  The Borrowers may purchase or otherwise acquire assets or the
stock or the other equity interests of any other Person provided that:

	the Borrowers are in current compliance with and, giving effect to the
proposed acquisition (including any borrowings made or to be made in connection therewith), will
continue to be in compliance with all of the covenants in  9 hereof on a pro forma historical
combined basis as if the transaction occurred on the first day of the period of
measurement;

	at the time of such acquisition, no Default or Event of Default has occurred
and is continuing, and such acquisition will not otherwise create a Default or an Event of Default
hereunder;

	the business to be acquired is predominantly in the same lines of business
as the Borrowers, or businesses reasonably related or incidental thereto (e.g., non-hazardous solid
waste collection, transfer, hauling, recycling, or disposal);

	the business to be acquired operates predominantly in the continental United
States and/or Canada;

	all of the assets to be acquired shall be owned by an existing or newly
created Subsidiary of the Parent which Subsidiary shall be or became (in accordance with  7.16) a
Borrower, 100% of the assets and Capital Stock (or in the case of a foreign Subsidiary, 65% of the
Capital Stock) of which have been or, in accordance with  7.16, will be pledged to the
Administrative Agent on behalf of the Lenders (subject to Permitted Liens) or, in the case of a
Capital Stock acquisition, the acquired company, in accordance with  7.16, shall become a Borrower
or shall be merged with and into a wholly owned Subsidiary that is a Borrower and such newly
acquired or created Subsidiary shall otherwise comply with the provisions of  7.16 hereof;

	not later than seven (7) days prior to the proposed acquisition date, (1) a
copy of the purchase agreement and financial projections, together with audited (if available, or
otherwise unaudited) financial statements for any Subsidiary to be acquired or created, for the
preceding two (2) fiscal years or such shorter period of time as such Subsidiary has been in
existence shall have been furnished to the Administrative Agent, and (2) a summary of the
Borrowers' results of their standard due diligence review, in each case only upon request by the
Administrative Agent;

	not later than seven (7) days prior to the proposed acquisition date, in the
case of the acquisition of an operating landfill, a review by a Consulting Engineer and a copy of
the Consulting Engineer's report shall have been furnished to the Administrative Agent;

	the board of directors and (if required by applicable law) the shareholders,
or the equivalent thereof, of the business to be acquired has approved such acquisition;

	if such acquisition is made by a merger, a Borrower, or a wholly-owned
Subsidiary of the Parent which shall become a Borrower in connection with such merger, shall be the
surviving entity; and

	cash consideration to be paid by such Borrower in connection with any such
acquisition or series of related acquisitions (including cash deferred payments, contingent or
otherwise, and the aggregate amount of all Consolidated Total Funded Debt assumed), shall not
exceed (i) $100,000,000 if at the time of such acquisition and after giving effect to such
acquisition, the Borrower has (A) a pro-forma ratio of Senior Funded Debt to EBITDA of less than
(x) 2.25 to 1.00 prior to the payment in full of the 2022 Convertible Subordinated Notes or (y)
2.75 to 1.00 after payment in full of the 2022 Convertible Subordinated Notes, as the case may be,
and (B) a pro-forma Leverage Ratio of less than 3.25 to 1.00 or (ii) $50,000,000
otherwise.

	Disposition of Assets.  The
Borrowers will not become a party to or agree to or effect any disposition of assets, other than
(a) the sale of inventory, the licensing of intellectual property and the disposition of obsolete
assets, in each case in the ordinary course of business consistent with past practices, (b) a
disposition of assets from a Borrower to any other Borrower, (c) the sale or exchange of routes and
related assets which in the business judgment of the Borrowers will not have a Material Adverse
Effect, (d) assets with a fair market value of less than $50,000,000 per year transferred in
connection with an asset sale or swap, which sale or swap in the business judgment of the Borrowers
does not have a Material Adverse Effect and (e) the sale, lease, assignment, transfer or other
disposition of Receivables in connection with any Permitted Receivables
Transaction.

	Sale and Leaseback.  The Borrowers
shall not enter into any arrangement, directly or indirectly, whereby any Borrower shall sell or
transfer any property owned by it in order then or thereafter to lease such property or lease other
property which such Borrower intends to use for substantially the same purpose as the property
being sold or transferred, without the prior written consent of the Required Lenders.

	Restricted
Payments and Redemptions.  The Borrowers shall not redeem, convert, retire or otherwise
acquire shares of any class of its Capital Stock, or make any Restricted Payments, except that (a)
the Borrowers may make Distributions to another Borrower, (b) the Borrowers may prepay or purchase
the Convertible Subordinated Notes in whole or in part with proceeds of Subordinated Debt, (c) the
Parent may make Distributions and/or purchase shares of its Capital Stock and/or prepay or purchase
the 2022 Convertible Subordinated Notes in an annual aggregate amount not to exceed $50,000,000
plus one hundred percent (100%) of the cash proceeds received by the Parent from the
exercise of stock options after January 1, 2003, (d) the Parent may, in addition to its rights
granted pursuant to clause (c) above, purchase shares of its Capital Stock in an aggregate amount
not to exceed $100,000,000, and (e) the Parent may, in addition to its rights granted pursuant to
clauses (c) and (d) above, purchase shares of its Capital Stock in an amount not to exceed fifty
percent (50%) of the Net Financing Proceeds from a Permitted Debt Offering which is in the form of
convertible subordinated notes, provided that an amount equal to fifty percent (50%) of the
Net Financing Proceeds from such Permitted Debt Offering is simultaneously applied pro rata
to reduce outstanding Loans hereunder. Any Term Loan Lender may decline to accept any payments
due to such Term Loan Lender pursuant to clause (e) above in which case such declined payments
shall be used to repay the Revolving Credit Loans (but not reduce the Total Revolving Credit
Commitment) on a pro rata basis in accordance with each Revolving Credit Lender's Commitment
Percentage.  In addition, the Borrowers shall not effect or permit any change in or amendment to
any document or instrument pertaining to the terms of any Borrower's (other than the Parent's)
Capital Stock.  Notwithstanding the foregoing, no Borrower shall make any Distribution and/or
purchase any of its Capital Stock under this  8.6 if (i) a Default or Event of Default exists or
would be created by the making of such Distribution or by the purchase of such Capital Stock, as
the case may be, or (ii) with respect to Distributions and/or purchases of its Capital Stock made
under clauses (c) through (e) above, the Leverage Ratio taking into account such Distribution
and/or such purchase would exceed 3.75 to 1.00.

	Employee Benefit Plans.  No Borrower
nor any ERISA Affiliate will:

	engage in any "prohibited transaction" within the meaning of  406
of ERISA or  4975 of the Code which could result in a material liability for any Borrower;
or

	permit any Guaranteed Pension Plan to incur an "accumulated funding
deficiency", as such term is defined in  302 of ERISA, whether or not such deficiency is or
may be waived; or

	fail to contribute to any Guaranteed Pension Plan to an extent which, or
terminate any Guaranteed Pension Plan in a manner which, could result in the imposition of a lien
or encumbrance on the assets of any Borrower pursuant to  302(f) or  4068 of ERISA; or

	amend any Guaranteed Pension Plan in circumstances requiring the posting of
security pursuant to  307 of ERISA or  401(a)(29) of the Code; or

	permit or take any action which would result in the aggregate benefit
liabilities (within the meaning of  4001 of ERISA) of all Guaranteed Pension Plans exceeding the
value of the aggregate assets of such Plans, disregarding for this purpose the benefit liabilities
and assets of any such Plan with assets in excess of benefit liabilities.

	Negative Pledges.  Except as required
by any Scheduled Contract, no Borrower shall enter into or permit to exist any arrangement or
agreement, enforceable under applicable law, which directly or indirectly prohibits such Borrower
from creating or incurring any lien, encumbrance, mortgage, pledge, charge, restriction or other
security interest in favor of the Administrative Agent for the benefit of the Lenders and the
Administrative Agent under the Loan Documents other than customary anti-assignment provisions in
leases and licensing agreements entered into by such Borrower in the ordinary course of its
business.

	Business Activities.  No Borrower will
engage directly or indirectly (whether through Subsidiaries or otherwise) in any type of business
other than the businesses conducted by such Borrower on the Closing Date and in related
businesses.

	Transactions with Affiliates.  No
Borrower will engage in any transaction with any Affiliate (other than for services as employees,
officers and directors), including any contract, agreement or other arrangement providing for the
furnishing of services to or by, providing for rental of real or personal property to or from, or
otherwise requiring payments to or from any such Affiliate or, to the knowledge of the Borrowers,
any corporation, partnership, trust or other entity in which any such Affiliate has a substantial
interest or is an officer, director, trustee or partner, on terms more favorable to such Person
than would have been obtainable on an arm's-length basis in the ordinary course of
business.

	Subordinated Debt.  No Borrower will
amend, supplement or otherwise modify the terms of any of the Subordinated Debt or any of the
documents evidencing such Subordinated Debt or prepay, redeem or purchase any of the Subordinated
Debt without the consent of the Required Lenders; provided, however, so long as no
Default or Event of Default has occurred and is continuing, or would be created thereby, the
Borrowers shall be permitted to (i) make regularly scheduled payments of interest on the
Subordinated Debt, (ii) prepay the Convertible Subordinated Notes with proceeds of Subordinated
Debt, (iii) purchase the Convertible Subordinated Notes, in whole or in part, with proceeds of
Subordinated Debt, and (iv) amend, supplement or otherwise modify the 2022 Convertible Subordinated
Notes and the 2022 Notes Indenture or replace the 2022 Convertible Subordinated Notes with proceeds
of Subordinated Debt or with proceeds of Loans advanced hereunder up to $175,000,000 plus
applicable redemption costs, if any, provided, that any such amendment, supplement or
modification thereto or replacement thereof shall (a) provide for a maturity date which extends
beyond the Revolving Credit Maturity Date and the Term Loan Maturity Date and (b) otherwise not
change, alter or modify any material terms of such Convertible Subordinated Notes in any manner
which adversely affects the Lenders.
	FINANCIAL COVENANTS.

The Borrowers covenant and agree that, so long as any Obligation is
outstanding or any Lender has any obligation to make any Loans or the Administrative Agent has any
obligation to issue, extend or renew any Letters of Credit:

	Leverage Ratio.  As of the end of each
fiscal quarter of the Borrowers, the Borrowers will not permit the ratio of Consolidated Total
Funded Debt to EBITDA (the "Leverage Ratio") to exceed 3.75:1.00 for the
Reference Period ending on such date.

	Senior Funded Debt to EBITDA.  Until
payment in full of the 2022 Convertible Subordinated Notes, as of the end of each fiscal quarter of
the Borrowers, the Borrowers will not permit the ratio of Senior Funded Debt to EBITDA to exceed
3.25:1 for the Reference Period ending on such date.

	Interest Coverage Ratio.  As of the end
of any fiscal quarter of the Borrowers, the ratio of (a) EBIT to (b) Consolidated Total
Interest Expense shall not be less than 2.50:1.00 for the Reference Period ending on such
date.

	Consolidated Net Worth.  The Borrowers
will not permit Consolidated Net Worth at the end of any fiscal quarter to be less than the sum of
(a) $442,000,000 plus (b) on a cumulative basis, fifty percent (50%) of positive
Consolidated Net Income for each fiscal quarter beginning with the fiscal quarter ended September
30, 2003, plus (c) one hundred percent (100%) of the proceeds of (i) any sale by the
Borrowers occurring after the fiscal quarter ended September 30, 2003 of (A) equity securities
issued by the Borrowers and (B) warrants or subscription rights for equity securities issued by the
Borrowers, and (ii) any conversion of any Convertible Subordinated Notes to equity interests in the
Borrowers minus (d)  the aggregate amount of Distributions made in accordance with  8.6(c)
above and the aggregate purchase price of the Capital Stock purchased in accordance with   8.6(c)
and (d) above.

	Capital Expenditures.  The Borrowers
will not make Capital Expenditures during any Reference Period in excess of 2.50 times the
actual depreciation expenses, depletion and landfill amortization expenses for such Reference
Period
	CLOSING CONDITIONS.  

The obligations of the Lenders to make the Loans and the Administrative
Agent to issue Letters of Credit on the Closing Date and otherwise be bound by the terms of this
Credit Agreement shall, except as set forth in the Post-Closing Agreement, be subject to the
satisfaction of each of the following conditions precedent:  

	Corporate Action.  All corporate (or
equivalent company or partnership) action necessary for the valid execution, delivery and
performance by the Borrowers of the Loan Documents shall have been duly and effectively taken, and
satisfactory evidence thereof shall have been provided to the Administrative Agent.

	Loan Documents, Etc.  Each of the Loan
Documents shall have been duly and properly authorized, executed and delivered by the respective
parties thereto and shall be in full force and effect in a form satisfactory to the
Lenders.

	Certificate of Secretary; Good Standing
Certificates.  

The Administrative Agent shall have received from each Borrower a certificate as
to the good standing of each from the Secretary of State or other appropriate official of the state
of its organization, dated no earlier than forty-five (45) days prior to the Closing Date.  The
Administrative Agent shall also have received from each Borrower a certificate of its Secretary
certifying the following attachments thereto: (a) a copy of its certificate or articles of
incorporation or other constitutive documents, in each case as amended to date, certified by the
Secretary of State or other appropriate official of the state of its organization, (b) a true
and correct copy of its by-laws (or equivalent constitutive documents), including all amendments
thereto, and (c) a true and correct copy of the resolutions of its board of directors
authorizing the transactions contemplated hereunder and under the other Loan Documents.  Such
Secretary's Certificate shall also give the name and bear a specimen signature of each individual
who shall be authorized (i) to sign the Loan Documents on behalf of the Borrowers;
(ii) to make Loan and Letter of Credit Requests; and (iii) to give notices and to take
other action on the Borrowers' behalf under the Loan Documents.  Notwithstanding the foregoing, to
the extent that any Borrower delivered any such certificate of its Secretary, together with each of
the attachments described above, in connection with the Existing Credit Agreement, such Borrower
may deliver, in lieu of the attachments described above, a certificate of its Secretary certifying
that there have been no amendments or other modifications to any of the information provided in the
previously delivered certificate and set forth in the materials attached thereto and that such
information and such materials continue to be true, correct and complete as of the Closing
Date.

	Validity of Liens.  The Security
Documents shall be effective to create in favor of the Administrative Agent a legal, valid and
enforceable first (except for Permitted Liens entitled to priority under applicable law) security
interest in and lien upon the Collateral.  All filings, recordings, deliveries of instruments and
other actions necessary or desirable in the opinion of the Administrative Agent to protect and
preserve such security interests shall have been duly effected.  The Administrative Agent shall
have received evidence thereof in form and substance satisfactory to the Administrative
Agent.

	Perfection Certificates and UCC Search
Results.  The Administrative Agent shall have received from each Borrower which was not
party to the Existing Credit Agreement completed and fully executed Perfection Certificates and the
results of UCC searches with respect to the Collateral, indicating no liens other than Permitted
Liens and otherwise in form and substance satisfactory to the Administrative Agent.

	Certificates of Insurance.  The
Administrative Agent shall have received a certificate of insurance signed by the insurer or an
agent authorized to bind the insurer dated as of the Closing Date, or within 15 days prior thereto,
identifying insurers, types of insurance, insurance limits, and policy terms, and otherwise
describing the Borrowers' insurance coverage.

	Legal Opinions.  The Administrative
Agent shall have received a favorable legal opinion from counsel to the Borrowers, addressed to the
Administrative Agent and the Lenders, dated as of the Closing Date, in form and substance
satisfactory to the Administrative Agent.  In addition, the Administrative Agent shall have
received a favorable legal opinion from local counsel to each Borrower which was not party to the
Existing Credit Agreement, in each case addressed to the Administrative Agent and the Lenders,
dated as of the Closing Date, and in form and substance satisfactory to the Administrative
Agent.

	Environmental Permit Certificate.  The
Lenders shall have received an environmental permit certificate in substantially the form of
Exhibit C from the Borrowers satisfactory to the Administrative Agent concerning principal
operating permits at the Borrowers' principal operating facilities.

	Payment of Fees.  The Borrowers shall
have paid any fees (including, without limitation, those fees set forth in  5.1) owing to any of
the Lenders, the Administrative Agent or the Joint Lead Arrangers and shall have paid all fees and
disbursements of counsel to the Administrative Agent invoiced as of the Closing Date.

	  Closing Certificate.  The Borrowers
shall have delivered to the Administrative Agent a certificate, dated as of the Closing Date,
stating that, as of such date (a) the representations and warranties set forth herein or in
any other Loan Document are true and correct (b) no Default or Event of Default has occurred and is
continuing, and (c) that Schedule 2 attached hereto lists all of the Subsidiaries of
the Parent as of the Closing Date.

	  Compliance Certificate.  The
Administrative Agent shall have received a certificate from the CFO, in form and substance
satisfactory to the Administrative Agent, certifying that, on a pro forma basis as of September 30,
2004, (a) the Borrowers' ratio of Senior Funded Debt to EBITDA was less than or equal to 1.75 to
1.00 and (b) the Borrowers' Leverage Ratio was less than or equal to 2.50 to 1.00.  For purposes of
the pro forma calculations set forth in this  10.11, the Borrowers shall determine (a) Senior
Funded Debt and Consolidated Total Funded Debt as of the Closing Date and (b) EBITDA of the
Borrowers based on the financial statements of the Borrowers reported as of September 30,
2004.

	  Subordinated Debt.  The
Administrative Agent shall have received a certificate from the CFO, in form and substance
satisfactory to the Administrative Agent, certifying that (a) the Obligations are permitted senior
Indebtedness under the existing Subordinated Debt, and (b) no default under the existing
Subordinated Debt has occurred and is continuing or would result after giving effect to the
transactions contemplated by this Credit Agreement and the other Loan Documents.

	  Payoff.  The Administrative Agent
shall have received satisfactory evidence of the payment of all Indebtedness under the Existing
Credit Agreement in accordance with  29 herein.

	  Closing Documentation, Etc.  Without
limiting the generality of the provisions of  15 below, for purposes of determining compliance with
the conditions specified in this  10, each Lender that has signed this Agreement shall be deemed to
have consented to, approved or accepted or to be satisfied with, each document or other matter
required thereunder to be consented to or approved by or acceptable or satisfactory to a Lender
unless the Administrative Agent shall have received notice from such Lender prior to the proposed
Closing Date specifying its objection thereto.
	CONDITIONS OF ALL LOANS.

The obligations of the Lenders to make any Loan (including without
limitation the obligation of the Issuing Lender to issue, extend or renew any Letter of Credit) on
and subsequent to the Closing Date is subject to the following conditions precedent:

	Representations True; No Event of
Default.  Each of the representations and warranties of the Borrowers contained in this
Credit Agreement or in any document or instrument delivered pursuant to or in connection with this
Credit Agreement shall be true as of the date as of which they were made and shall also be true at
and as of the time of any Drawdown Date or the issuance of any Letter of Credit with the same
effect as if made at and as of that time (except to the extent of changes resulting from
transactions contemplated or permitted by this Credit Agreement and changes occurring in the
ordinary course of business which singly or in the aggregate would not have a Material Adverse
Effect, or to the extent that such representations and warranties relate solely and expressly to an
earlier date) and no Default or Event of Default shall have occurred and be
continuing.

	Performance; No Event of Default.  The
Borrowers shall have performed and complied with all terms and conditions herein required to be
performed or complied with by the Borrowers prior to or at the time of the making of any Loan or
the issuance of any Letter of Credit, and at the time of making any Loan or issuance of any Letter
of Credit, there shall exist no Event of Default or condition which would result in an Event of
Default upon the making of such Loan or the issuance of such Letter of Credit, as the case may be.
Each request by the Borrowers for a Loan (including without limitation each request for issuance,
extension or renewal of a Letter of Credit) subsequent to the first Loan made hereunder shall
constitute certification by the Borrowers that the conditions specified in   11.1 and 11.2 will be
duly satisfied on the date of such Loan or Letter of Credit issuance.

	No Legal Impediment.  No change shall
have occurred in any law or regulations thereunder or interpretations thereof which in the
reasonable opinion of the Lenders would make it illegal for the Lenders to make Loans
hereunder.

	Governmental Regulation.  The Lenders
shall have received such statements in form and substance reasonably satisfactory to the Lenders as
they shall require for the purpose of compliance with any applicable regulations of the Comptroller
of the Currency or the Board of Governors of the Federal Reserve System.

	Proceedings and Documents.  All
proceedings in connection with the transactions contemplated by this Credit Agreement and all
documents incident thereto shall have been delivered to the Lenders as of the date hereof in form
and substance satisfactory to the Lenders (including without limitation an initial Loan and Letter
of Credit Request), and the Lenders shall have received all information and such counterpart
originals or certified or other copies of such documents as the Lenders may reasonably
request.
	COLLATERAL SECURITY.

	The Obligations shall be secured by (a) a perfected (except in the
case of Real Property and motor vehicles, subject to the following proviso) first-priority security
interest (subject only to Permitted Liens) in all assets of each Borrower (other than the Excluded
Assets), whether now owned or hereafter acquired, pursuant to the terms of the Security Agreement
to which each Borrower is a party; (b) a pledge of 100% of the Capital Stock (or in the case of a
foreign Subsidiary, 65% of the Capital Stock) of such Borrowers (other than the Parent) to the
Administrative Agent on behalf of the Lenders and the Administrative Agent pursuant to the Security
Documents; and (c) a pledge of 65% of the Capital Stock of each foreign Subsidiary; provided
that the Borrowers hereby agree, upon notice from the Administrative Agent and the Required
Lenders, to deliver, as promptly as practicable, but in any event within sixty (60) days, titles to
motor vehicles and mortgages with respect to Real Property and take such other steps as may be
reasonably requested (including, without limitation, the delivery of legal opinions, engineer's
reports, environmental site assessments and title insurance) so as to provide the Administrative
Agent, for the benefit of the Lenders and the Administrative Agent, a perfected first-priority
security interest in such assets.

	The Borrowers hereby acknowledge that (i) any and all Uniform Commercial
Code financing statements (together with all rights thereunder) filed in connection with the
Existing Credit Agreement naming Fleet National Bank, as secured party, and such Borrower, as
debtor, have been, or simultaneously herewith are being, assigned to the Administrative Agent and
shall be effective to perfect the Administrative Agent's security interest granted by such Borrower
pursuant to the Loan Documents to the extent that such security interest may be perfected by the
filing of Uniform Commercial Code financing statements and (ii) such prior filings represent
pre-filings of Uniform Commercial Code financing statements for purposes of so perfecting the
security interest granted by the Borrowers under the Loan Documents.  Until all of the Obligations
have been finally paid and satisfied in full, the provisions of this  12(b) shall continue to
apply, and such filings shall continue to be effective and not subject to any right of termination
in respect of the security interests granted herein, whether any obligations under the Existing
Credit Agreement are to be discharged with the proceeds of any of the Loans or are to continue
independently or otherwise.

	In the event the Borrowers dispose of any assets in accordance with  8.4.2
(and  4.4.1 where applicable), the Administrative Agent will, at the Borrowers' sole cost and
expense, execute and deliver all such forms, releases, discharges, assignments, termination
statements, and similar documents as the Borrowers may reasonably request in order to release the
Liens granted to the Administrative Agent with respect to such assets.
	EVENTS OF DEFAULT; ACCELERATION; TERMINATION OF
COMMITMENT.

	Events of Default and Acceleration.  If
any of the following events ("Events of Default" or, if the giving
of notice or the lapse of time or both is required, then, prior to such notice and/or lapse of
time, "Defaults") shall occur:

	if the Borrowers shall fail to pay any principal of the Loans or any
Reimbursement Obligation when the same shall become due and payable, whether at the Revolving
Credit Maturity Date or the Term Loan Maturity Date, as applicable, or any accelerated date of
maturity or at any other date fixed for payment;

	if the Borrowers shall fail to pay any interest or fees or other amounts
owing under the Loan Documents within five (5) Business Days after the same shall become due
and payable whether at the Revolving Credit Maturity Date or the Term Loan Maturity Date, as
applicable, or any accelerated date of maturity or at any other date fixed for payment;

	if the Borrowers shall fail to comply with the covenants contained in   7.1,
7.7, 7.8, 7.10, 7.13, 7.14, 7.15, 7.16, 8 or 9;

	if the Borrowers shall fail to comply with the covenants contained in (i)
  7.2, 7.3, 7.5, 7.6, 7.9, 7.11, 7.12, or 7.17 within thirty (30) days of the Borrowers' knowledge
of a violation of such covenants or (ii)  7.4 within five (5) days of the Borrowers' knowledge of a
violation of such covenant;

	if the Borrowers shall fail to perform any term, covenant or agreement
contained herein or in any of the other Loan Documents (other than those specified in subsections
(a), (b), (c) and (d) above) within 30 days after written notice of such failure has been
given to the Borrowers by the Administrative Agent or any Lender;

	if any representation or warranty contained in this Credit Agreement or in
any document or instrument delivered pursuant to or in connection with this Credit Agreement shall
prove to have been false in any material respect upon the date when made or repeated;

	if any Borrower or any Excluded Subsidiary shall fail to pay at maturity, or
within any applicable period of grace, any and all obligations for borrowed money (other than the
Obligations) or any guaranty with respect thereto in an aggregate amount greater than $5,000,000 or
fail to observe or perform any material term, covenant or agreement contained in any agreement by
which it is bound, evidencing or securing borrowed money in an aggregate amount greater than
$5,000,000 for such period of time as would, or would have permitted (assuming the giving of
appropriate notice if required) the holder or holders thereof or of any obligations issued
thereunder to accelerate the maturity thereof, unless the same shall have been waived by the
holder(s) thereof;

	if any Borrower or any Excluded Subsidiary makes an assignment for the
benefit of creditors, or admits in writing its inability to pay or generally fails to pay its debts
as they mature or become due, or petitions or applies for the appointment of a trustee or other
custodian, liquidator or receiver of any Borrower or any Excluded Subsidiary or of any substantial
part of the assets of any Borrower or any Excluded Subsidiary or commences any case or other
proceeding relating to any Borrower or any Excluded Subsidiary under any bankruptcy,
reorganization, arrangement, insolvency, readjustment of debt, dissolution or liquidation or
similar law of any jurisdiction, now or hereafter in effect, or takes any action to authorize or in
furtherance of any of the foregoing, or if any such petition or application is filed or any such
case or other proceeding is commenced against any Borrower or any Excluded Subsidiary or such
Borrower or such Excluded Subsidiary indicates its approval thereof, consent thereto or
acquiescence therein, or such petition or application shall not have been dismissed within sixty
(60) days following the filing thereof;

	a decree or order is entered appointing any such trustee, custodian,
liquidator or receiver or adjudicating any Borrower or any Excluded Subsidiary bankrupt or
insolvent, or approving a petition in any such case or other proceeding, or a decree or order for
relief is entered in respect of any Borrower or any Excluded Subsidiary in an involuntary case
under applicable bankruptcy laws as now or hereafter constituted;

	if there shall remain in force, undischarged, unsatisfied and unstayed, for
more than forty-five (45) days, whether or not consecutive, any final judgment against any
Borrower or any Excluded Subsidiary which, with other outstanding final judgments against the
Borrowers and the Excluded Subsidiaries, exceeds in the aggregate $5,000,000 after taking into
account any undisputed insurance coverage;

	any Borrower or any Excluded Subsidiary or any ERISA Affiliate incurs any
liability to the PBGC or a Guaranteed Pension Plan pursuant to Title IV of ERISA in an aggregate
amount exceeding $5,000,000, or any Borrower or any ERISA Affiliate is assessed withdrawal
liability pursuant to Title IV of ERISA by a Multiemployer Plan requiring aggregate annual
payments exceeding $5,000,000, or any of the following occurs with respect to a Guaranteed Pension
Plan: (i) an ERISA Reportable Event, or a failure to make a required installment or other
payment (within the meaning of  302(f)(1) of ERISA), provided that the Administrative Agent
determines in its reasonable discretion that such event (A) could be expected to result in
liability of any Borrower or any Excluded Subsidiary to the PBGC or such Guaranteed Pension Plan in
an aggregate amount exceeding $5,000,000 and (B) could constitute grounds for the termination
of such Guaranteed Pension Plan by the PBGC, for the appointment by the appropriate United States
District Court of a trustee to administer such Guaranteed Pension Plan or for the imposition of a
lien in favor of such Guaranteed Pension Plan; or (ii) the appointment by a United States
District Court of a trustee to administer such Guaranteed Pension Plan; or (iii) the
institution by the PBGC of proceedings to terminate such Guaranteed Pension Plan;

	if any of the Loan Documents shall be cancelled, terminated, revoked or
rescinded or the Administrative Agent's security interests or liens in a substantial portion of the
Collateral shall cease to be perfected, or shall cease to have the priority contemplated by the
Security Documents, in each case otherwise than in accordance with the terms thereof or with the
express prior written agreement, consent or approval of the Lenders, or any action at law, suit in
equity or other legal proceeding to cancel, revoke or rescind any of the Loan Documents shall be
commenced by or on behalf of any Borrower or any stockholder of any Borrower who is an officer or
director of such Borrower, or any court or any other governmental or regulatory authority or agency
of competent jurisdiction shall make a determination that, or issue a judgment, order, decree or
ruling to the effect that, any one or more of the Loan Documents is illegal, invalid or
unenforceable in accordance with the terms thereof;

	(i) the Parent shall at any time, legally or beneficially own less than one
hundred percent (100%) of the shares of the Capital Stock of each other Borrower (directly or
indirectly in accordance with  7.16), or (ii) any person or group of persons (within the meaning of
Section 13 or 14 of the Securities Exchange Act of 1934, as amended) shall have acquired
beneficial ownership (within the meaning of Rule 13d-3 promulgated by the Securities and Exchange
Commission under said Act) of 20% or more of the outstanding shares of common stock of the Parent;
or, during any period of twelve consecutive calendar months, individuals who were directors of the
Parent on the first day of such period shall cease to constitute a majority of the board of
directors unless such new directors were approved by a majority of the directors who were directors
on the first day of such period; provided, however, that any such change of control
resulting from an acquisition permitted under  8.4 shall not constitute a Default or an Event of
Default hereunder; or

	a "Change of Control" as defined in the 2022 Notes Indenture or in
the Permitted Debt Offering shall occur;

then, and in any such event, so long as the same may be continuing, the
Administrative Agent may, and at the request of the Required Lenders shall, by notice in writing to
the Borrowers, declare all amounts owing with respect to this Credit Agreement and the other Loan
Documents and all Reimbursement Obligations to be, and they shall thereupon forthwith become,
immediately due and payable without presentment, demand, protest or other notice of any kind, all
of which are hereby expressly waived by the Borrowers; provided that in the event of any
Event of Default specified in   13.1(h) or 13.1(i), all such amounts shall become immediately due
and payable automatically and without any requirement of notice from the Administrative Agent or
any Lender.  Upon demand by the Lenders after the occurrence of any Event of Default, the Borrowers
shall immediately provide to the Administrative Agent cash in an amount equal to the Maximum
Drawing Amount of all Letters of Credit outstanding, to be held by the Administrative Agent as
collateral security for the Obligations.

	Termination of Commitments.  If any
Event of Default shall occur and be continuing, the Administrative Agent may, and at the request of
a majority of the Revolving Credit Lenders shall, by notice to the Borrowers, terminate the unused
portion of the Total Revolving Credit Commitment hereunder, and upon such notice being given, such
unused portion of the Total Revolving Credit Commitment hereunder shall terminate immediately and
the Lenders shall be relieved of all further obligations to make Loans to or issue Letters of
Credit for the account of the Borrowers hereunder, provided that in the event of any Event
of Default specified in   13.1(h) or 13.1(i), all such amounts shall become immediately due and
payable automatically and without any requirement of notice from the Administrative Agent or any
Lender.  No termination of any portion of the Total Revolving Credit Commitment hereunder shall
relieve the Borrowers of any of their existing Obligations to the Lenders hereunder or
elsewhere.

	Remedies.  Subject to
 14, in case any one or more Events of Default shall have occurred and be continuing, and whether
or not the Lenders shall have accelerated the maturity of the Loans and other Obligations pursuant
to  13.1, each Lender may, after giving the Borrowers and Administrative Agent written notice three
Business Days before such suit, action or other proceeding, proceed to protect and enforce its
rights by suit in equity, action at law or other appropriate proceeding, whether for the specific
performance of any covenant or agreement contained in this Credit Agreement and the other Loan
Documents or any instrument pursuant to which the Obligations to such Lender are evidenced,
including, without limitation, as permitted by applicable law the obtaining of the ex parte
appointment of a receiver, and, if such amount shall have become due, by declaration or otherwise,
proceed to enforce the payment thereof or any legal or equitable right of such Lender,
provided that, if any of the Collateral is located in California, Louisiana or any
other state or province having a one form of action rule or any rule which might impair the
Collateral, then prior to initiating any such proceeding, such Lender shall have supplied the
Administrative Agent with opinions of nationally recognized law firms specializing in California
law, Louisiana law, and the law of any other state or province, as applicable, having a one form of
action rule to the effect that actions by such Lender under such circumstances shall not constitute
an action for purposes of such state's or province's one form of action rule or in any other way
impair the Collateral.  No remedy herein conferred upon any Lender, the Administrative Agent or the
holder of any Note or purchaser of any Letter of Credit Participation is intended to be exclusive
of any other remedy and each and every remedy shall be cumulative and shall be in addition to every
other remedy given hereunder or now or hereafter existing at law or in equity or by statute or any
other provision of law.

	Distribution of Collateral Proceeds.
In the event that, following the occurrence or during the continuance of any Event of Default, the
Administrative Agent or any Lender, as the case may be, receives any monies in connection with the
enforcement of any the Security Documents, or otherwise with respect to the realization upon any of
the Collateral, such monies shall be distributed for application as follows:

	First, to the payment of, or (as the case may be) the reimbursement
of the Administrative Agent for or in respect of all reasonable costs, expenses, disbursements and
losses which shall have been incurred or sustained by the Administrative Agent in connection with
the collection of such monies by the Administrative Agent, for the exercise, protection or
enforcement by the Administrative Agent of all or any of the rights, remedies, powers and
privileges of the Administrative Agent under this Credit Agreement or any of the other Loan
Documents or in respect of the Collateral or in support of any provision of adequate indemnity to
the Administrative Agent against any taxes or liens which by law shall have, or may have, priority
over the rights of the Administrative Agent to such monies;

	Second, to all other Obligations; provided that distributions
shall be made (A) pari passu among the Obligations (including the Maximum Drawing
Amount of the Letters of Credit); provided, that upon the reduction, cancellation, expiration or
termination of any Letter of Credit, the Maximum Drawing Amount which has been included as an
Obligation and any cash collateral held for the benefit of the Lenders in respect thereto will be
redistributed pari passu to the Lenders in accordance with this  13.4(b)(A), and (B)
with respect to each type of Obligation owing to the Lenders, such as interest, principal, fees and
expenses, among the Lenders pro rata in accordance with the amount of all such Obligations
outstanding;

	Third, upon payment and satisfaction in full or other provisions for payment
in full satisfactory to the Lenders and the Administrative Agent of all of the Obligations, to the
payment of any obligations required to be paid pursuant to  9-608(a)(1)(C) or 9-615(a)(3) of the
Uniform Commercial Code of the State of New York; and

	Fourth, the excess, if any, shall be returned to the Borrowers or to such
other Persons as are entitled thereto.
	SETOFF.

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

	THE ADMINISTRATIVE AGENT.

	Appointment and Authorization.

	Each of the Lenders and the Issuing Lender hereby irrevocably appoints Bank
of America to act on its behalf as the Administrative Agent hereunder and under the other Loan
Documents and authorizes the Administrative Agent to take such actions on its behalf and to
exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof,
together with such actions and powers as are reasonably incidental thereto.  The provisions of this
 15 are solely for the benefit of the Administrative Agent, the Lenders and the Issuing Lender, and
no Borrower shall have rights as a third party beneficiary of any of such provisions.

	The relationship between the Administrative Agent and each of the Lenders is
that of an independent contractor.  The use of the term "Administrative Agent" is for convenience
only and is used to describe, as a form of convention, the independent contractual relationship
between the Administrative Agent and each of the Lenders.  Nothing contained in this Credit
Agreement nor the other Loan Documents shall be construed to create an agency, trust or other
fiduciary relationship between the Administrative Agent and any of the Lenders.

	As an independent contractor empowered by the Lenders to exercise certain
rights and perform certain duties and responsibilities hereunder and under the other Loan
Documents, the Administrative Agent is nevertheless a "representative" of the Lenders, as that term
is defined in Article 1 of the Uniform Commercial Code of the State of New York, for purposes of
actions for the benefit of the Lenders and the Administrative Agent with respect to all collateral
security and guaranties contemplated by the Loan Documents.  Such actions include the designation
of the Administrative Agent as "secured party", "mortgagee" or the like on all
financing statements and other documents and instruments, whether recorded or otherwise, relating
to the attachment, perfection, priority or enforcement of any security interests, mortgages or
deeds of trust in collateral security intended to secure the payment or performance of any of the
Obligations, all for the benefit of the Lenders and the Administrative Agent.

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

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

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

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

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

The Administrative Agent shall not be liable for any action taken or not taken
by it (i) with the consent or at the request of the Required Lenders (or such other number or
percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in
good faith shall be necessary, under the circumstances as provided in   26 and 13.3 or (ii) in the
absence of its own gross negligence or willful misconduct.  The Administrative Agent shall be
deemed not to have knowledge of any Default unless and until notice describing such Default is
given to the Administrative Agent by the Borrowers, a Lender or the Issuing Lender.

The Administrative Agent shall not be responsible for or have any duty to
ascertain or inquire into (i) any statement, warranty or representation made in or in connection
with this Agreement or any other Loan Document, (ii) the contents of any certificate, report or
other document delivered hereunder or thereunder or in connection herewith or therewith,
(iii) the performance or observance of any of the covenants, agreements or other terms or
conditions set forth herein or therein or the occurrence of any Default, (iv) the validity,
enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any
other agreement, instrument or document or (v) the satisfaction of any condition set forth in  10
or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to
the Administrative Agent.

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

	Delegation of Duties.  The
Administrative Agent may perform any and all of its duties and exercise its rights and powers
hereunder or under any other Loan Document by or through any one or more sub-agents appointed by
the Administrative Agent.  The Administrative Agent and any such sub-agent may perform any and all
of its duties and exercise its rights and powers by or through their respective Related Parties.
The exculpatory provisions of this  15 shall apply to any such sub-agent and to the Related Parties
of the Administrative Agent and any such sub-agent, and shall apply to their respective activities
in connection with the syndication of the credit facilities provided for herein as well as
activities as Administrative Agent.

	Resignation of Administrative Agent.
The Administrative Agent  may. at any time give notice of its resignation to the Lenders, the
Issuing Lender and the Borrower.  Upon receipt of any such notice of resignation, the Required
Lenders shall have the right, in consultation with the Borrower, to appoint a successor, which
shall be a bank with an office in the United States, or an Affiliate of any such bank with an
office in the United States.  If no such successor shall have been so appointed by the Required
Lenders and shall have accepted such appointment within 30 days after the retiring
Administrative Agent gives notice of its resignation, then the retiring Administrative Agent may on
behalf of the Lenders and the Issuing Lender, appoint a successor Administrative Agent meeting the
qualifications set forth above; provided that if the Administrative Agent shall notify the
Borrower and the Lenders that no qualifying Person has accepted such appointment, then such
resignation shall nonetheless become effective in accordance with such notice and (1) the
retiring Administrative Agent shall be discharged from its duties and obligations hereunder and
under the other Loan Documents and (2) all payments, communications and determinations
provided to be made by, to or through the Administrative Agent shall instead be made by or to each
Lender and the Issuing Lender directly, until such time as the Required Lenders appoint a successor
Administrative Agent as provided for above in this Section.  Upon the acceptance of a successor's
appointment as Administrative Agent hereunder, such successor shall succeed to and become vested
with all of the rights, powers, privileges and duties of the retiring (or retired) Administrative
Agent, and the retiring Administrative Agent shall be discharged from all of its duties and
obligations hereunder or under the other Loan Documents (if not already discharged therefrom as
provided above in this Section).  The fees payable by the Borrower to a successor Administrative
Agent shall be the same as those payable to its predecessor unless otherwise agreed between the
Borrower and such successor.  After the retiring Administrative Agent's resignation hereunder and
under the other Loan Documents, the provisions of this  15 and  16 shall continue in effect for the
benefit of such retiring Administrative Agent, its sub-agents and their respective Related Parties
in respect of any actions taken or omitted to be taken by any of them while the retiring
Administrative Agent was acting as Administrative Agent.

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

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

	No Other Duties, Etc.  Anything herein
to the contrary notwithstanding, none of the Joint Lead Arrangers or Syndication Agents listed on
the cover page hereof shall have any powers, duties or responsibilities under this Agreement or any
of the other Loan Documents, except in its capacity, as applicable, as the Administrative Agent, a
Lender or the Issuing Lender hereunder.

	Closing Documentation, Etc.  For
purposes of determining compliance with the conditions set forth in  10, each Lender that has
executed this Credit Agreement shall be deemed to have consented to, approved or accepted, or to be
satisfied with, each document and matter either sent, or made available, by the Administrative
Agent or the Joint Lead Arrangers to such Lender for consent, approval, acceptance or satisfaction,
or required thereunder to be consented to or approved by or acceptable or satisfactory to such
Lender, unless an officer of the Administrative Agent or the Joint Lead Arrangers active upon the
Borrowers' account shall have received notice from such Lender prior to the Closing Date specifying
such Lender's objection thereto and such objection shall not have been withdrawn by notice to the
Administrative Agent or the Joint Lead Arrangers to such effect on or prior to the Closing Date.
The Administrative Agent will forward to each Lender, promptly after the Administrative Agent's
receipt thereof, a copy of each notice or other document furnished to the Administrative Agent for
such Lender hereunder; provided, however, that notwithstanding the foregoing, the
Administrative Agent may furnish to the Revolving Credit Lenders a monthly summary with respect to
Letters of Credit issued hereunder in lieu of copies of the related Letter of Credit
Applications

	  Payments.  

	  Payments to Administrative Agent.  A
payment by any Borrower to the Administrative Agent hereunder or any of the other Loan Documents
for the account of any Lender shall constitute a payment to such Lender.  The Administrative Agent
agrees promptly to distribute to each Lender such Lender's pro rata share of payments
received by the Administrative Agent for the account of such Lenders except as otherwise expressly
provided herein or in any of the other Loan Documents.

	  Distribution by Administrative Agent.
If in the opinion of the Administrative Agent the distribution of any amount received by it in such
capacity under this Credit Agreement, under the Notes or under any of the other Loan Documents
might involve it in liability, it may refrain from making such distribution until its right to make
such distribution shall have been adjudicated by a court of competent jurisdiction.  If a court of
competent jurisdiction shall adjudge that any amount received and distributed by the Administrative
Agent is to be repaid, each Person to whom any such distribution shall have been made shall either
repay to the Administrative Agent its proportionate share of the amount so adjudged to be repaid or
shall pay over the same in such manner and to such Persons as shall be determined by such
court.

	  Delinquent Lenders.  Notwithstanding
anything to the contrary contained in this Credit Agreement or any of the other Loan Documents, any
Lender that fails (a) in the case of a Revolving Credit Lender, to make available to the
Administrative Agent its pro rata share of any Revolving Credit Loan or to purchase any
Letter of Credit Participation in accordance with the terms hereof or (b) to comply with the
provisions of  14 with respect to making dispositions and arrangements with the other Revolving
Credit Lenders or Term Loan Lenders, as the case may be, where such Lender's share of any payment
received, whether by setoff or otherwise, is in excess of its pro rata share based on all
applicable outstanding Loans and Unpaid Reimbursement Obligations of such payments, in each case
as, when and to the full extent required by the provisions of this Credit Agreement, shall be
deemed delinquent (a "Delinquent Lender") and shall be deemed a Delinquent Lender
until such time as such delinquency is satisfied.  A Delinquent Lender shall be deemed to have
assigned any and all payments due to it from the Borrowers to the remaining nondelinquent Revolving
Credit Lenders or Term Loan Lenders, as the case may be, for application to, and reduction of,
their respective pro rata shares of the Obligation so affected by such delinquency.  The
Delinquent Lender hereby authorizes the Administrative Agent to distribute such payments to the
nondelinquent Revolving Credit Lenders or Term Loan Lenders, as the case may be, in proportion to
their respective pro rata shares of the Obligations.  A Delinquent Lender shall be deemed to
have satisfied in full a delinquency when and if, as a result of application of the assigned
payments, the Lenders' respective pro rata shares of the Obligations have returned to those
in effect immediately prior to such delinquency and without giving effect to the nonpayment causing
such delinquency.

	  Holders of Notes.  The Administrative
Agent may deem and treat the payee of any Note or the purchaser of any Letter of Credit
Participation as the absolute owner or purchaser thereof for all purposes hereof until it shall
have been furnished in writing with a different name by such payee or by a subsequent holder,
assignee or transferee.

	  Indemnity.  The Lenders ratably agree
hereby to indemnify and hold harmless the Administrative Agent and its Affiliates from and against
any and all claims, actions and suits (whether groundless or otherwise), losses, damages, costs,
expenses (including any expenses for which the Administrative Agent or such Affiliate has not been
reimbursed by the Borrowers as required by  16), and liabilities of every nature and character
arising out of or related to this Credit Agreement, the Notes, or any of the other Loan Documents
or the transactions contemplated or evidenced hereby or thereby, or the Administrative Agent's or
such Affiliate's actions taken hereunder or thereunder, except to the extent that any of the same
shall be directly caused by the Administrative Agent's or such Affiliate's willful misconduct or
gross negligence.  This  15.12 applies to any Lender which is also acting as Administrative Agent
solely in its capacity as Administrative Agent and such Lender, in its capacity as a Lender, shall
be liable for its actions and liable to indemnify the Administrative Agent in the same manner as
any other Lender.

	  Notification of Defaults and Events of
Default.  Each Lender hereby agrees that, upon learning of the existence of a Default or an
Event of Default, it shall promptly notify the Administrative Agent thereof.  The Administrative
Agent hereby agrees that upon receipt of any notice under this  15.13 it shall promptly notify the
other Lenders of the existence of such Default or Event of Default.

	  Duties in the Case of Enforcement.
In case one of more Events of Default have occurred and shall be continuing, and whether or not
acceleration of the Obligations shall have occurred, the Administrative Agent shall, if (a) so
requested by the Required Lenders and (b) the Lenders have provided to the Administrative Agent
such additional indemnities and assurances against expenses and liabilities as the Administrative
Agent may reasonably request, proceed to enforce the provisions of the Security Documents
authorizing the sale or other disposition of all or any part of the Collateral and exercise all or
any such other legal and equitable and other rights or remedies as it may have in respect of such
Collateral.  The Required Lenders may direct the Administrative Agent in writing as to the method
and the extent of any such sale or other disposition, the Lenders hereby agreeing to indemnify and
hold the Administrative Agent harmless from all liabilities incurred in respect of all actions
taken or omitted in accordance with such directions, provided that the Administrative Agent
need not comply with any such direction to the extent that the Administrative Agent reasonably
believes the Administrative Agent's compliance with such direction to be unlawful or commercially
unreasonable in any applicable jurisdiction.

	  Administrative Agent May File Proofs of
Claim.  

	In case of the pendency of any receivership, insolvency,
liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial,
administrative or like proceeding or any assignment for the benefit of creditors relative to the
Borrowers, the Administrative Agent (irrespective of whether the principal of any Loan,
Reimbursement Obligation or Unpaid Reimbursement Obligation shall then be due and payable as herein
expressed or by declaration or otherwise and irrespective of whether the Administrative Agent shall
have made any demand on the Borrowers) shall be entitled and empowered, by intervention in such
proceeding, under any such assignment or otherwise:

	to file and prove a claim for the whole amount of the principal and interest
owing and unpaid in respect of the Loans, Reimbursement Obligations or Unpaid Reimbursement
Obligations and all other Obligations that are owing and unpaid and to file such other documents as
may be necessary or advisable in order to have the claims of the Lenders and the Administrative
Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of
the Lenders and the Administrative Agent and their respective agents and counsel and all other
amounts due the Lenders and the Administrative Agent under   5.1 and 16) allowed in such
proceeding or under any such assignment; and

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

	Any custodian, receiver, assignee, trustee, liquidator, sequestrator or
other similar official in any such proceeding or under any such assignment is hereby authorized by
each Lender to make such payments to the Administrative Agent and, in the event that the
Administrative Agent shall consent to the making of such payments directly to the Lenders,
nevertheless to pay to the Administrative Agent any amount due for the reasonable compensation,
expenses, disbursements and advances of the Administrative Agent and its agents and counsel, and
any other amounts due the Administrative Agent under   5.1 and 16.

	Nothing contained herein shall authorize the Administrative Agent to consent
to or accept or adopt on behalf of any Lender any plan of reorganization, arrangement, adjustment
or composition affecting the Obligations owed to such Lender or the rights of any Lender or to
authorize the Administrative Agent to vote in respect of the claim of any Lender in any such
proceeding or under any such assignment.

	  Duties of Syndication Agent and Documentation
Agents.  Neither the Syndication Agent nor the Documentation Agents shall have any right,
power, obligation, liability, responsibility or duty under this Credit Agreement other than those
applicable to all Lenders as such.  Without limiting the foregoing, neither the Syndication Agent
nor the Documentation Agents shall have or be deemed to have any fiduciary relationship with any
Lender.  Each Lender acknowledges that it has not relied, and will not rely, on the Syndication
Agent or the Documentation Agents in deciding to enter into this Credit Agreement or not taking any
action hereunder.
	EXPENSES AND INDEMNIFICATION.

	Expenses.  Whether or not the transactions
contemplated herein shall be consummated, the Borrowers agree to pay (a) the reasonable costs
of producing and reproducing this Credit Agreement, the other Loan Documents and the other
agreements and instruments mentioned herein, (b) any taxes (including any interest and
penalties in respect thereto) payable by the Administrative Agent or any of the Lenders (other than
taxes based upon the Administrative Agent's or any Lender's net income) on or with respect to the
transactions contemplated by this Credit Agreement (the Borrowers hereby agreeing to indemnify the
Administrative Agent and each Lender with respect thereto), (c) the reasonable fees, expenses
and disbursements of counsel to the Administrative Agent incurred in connection with the
preparation, syndication, administration or interpretation of the Loan Documents and other
instruments mentioned herein, each closing hereunder, any amendments, modifications, approvals,
consents or waivers hereto or hereunder, or the cancellation of any Loan Document upon payment in
full in cash of all of the Obligations or pursuant to any terms of such Loan Document providing for
such cancellation, (d) the reasonable fees, expenses and disbursements of the Administrative
Agent, the Joint Lead Arrangers, or any of their affiliates incurred by the Administrative Agent,
the Joint Lead Arrangers, or such affiliate in connection with the preparation, syndication,
administration or interpretation of the Loan Documents and other instruments mentioned herein,
including all title insurance premiums and surveyor, engineering and appraisal charges,
(e) all reasonable out-of-pocket expenses (including without limitation reasonable attorneys'
fees and costs, which attorneys may be employees of any Lender or the Administrative Agent, and
reasonable consulting, accounting, appraisal, investment banking and similar professional fees and
charges) incurred by any Lender or the Administrative Agent in connection with (i) the
enforcement of or preservation of rights under any of the Loan Documents against the Borrowers or
the administration thereof after the occurrence of a Default or Event of Default and (ii) any
litigation, proceeding or dispute whether arising hereunder or under any of the other Loan
Documents, in any way related to any Lender's or the Administrative Agent's relationship with the
Borrowers and (f) all reasonable fees, expenses and disbursements of the Administrative Agent
incurred in connection with UCC searches and UCC filings.

	Indemnification.  The Borrowers agree
to indemnify and hold harmless the Administrative Agent, the Joint Lead Arrangers, the Lenders and
each of their respective affiliates, shareholders, officers, directors, employees, agents,
trustees, advisors and Administrative Agents (each an "Indemnitee") from and
against any and all claims, actions and suits whether groundless or otherwise, and from and against
any and all liabilities, losses, damages and expenses of every nature and character arising out of
this Credit Agreement or any of the other Loan Documents or the transactions contemplated hereby
including, without limitation, (a) any actual or proposed use by the Borrowers of the proceeds of
any of the Loans or Letters of Credit, (b) the Borrowers entering into or performing this Credit
Agreement or any of the other Loan Documents or (c) with respect to the Borrowers and their
respective properties and assets, the violation of any Environmental Law, the Release or threatened
Release of any Hazardous Substances or any action, suit, proceeding or investigation brought or
threatened with respect to any Hazardous Substances (including, but not limited to, claims with
respect to wrongful death, personal injury or damage to property), in each case including, without
limitation, the reasonable fees and disbursements of counsel and allocated costs of internal
counsel incurred in connection with any such investigation, litigation or other proceeding;
provided, however, that no Indemnitee shall have the right to be indemnified hereunder for any such
liabilities, losses, damages and expenses to the extent incurred as a result of such Indemnitee's
gross negligence or willful misconduct.  In litigation, or the preparation therefor, the Lenders
and the Administrative Agent, the Joint Lead Arrangers, and their affiliates shall be entitled to
select their own counsel and, in addition to the foregoing indemnity, the Borrowers agree to pay
promptly the reasonable fees and expenses of such counsel.  If, and to the extent that the
obligations of the Borrowers under this  16.2 are unenforceable for any reason, the Borrowers
hereby agree to make the maximum contribution to the payment in satisfaction of such obligations
which is permissible under applicable law.

	Survival.  The covenants contained in
this  16 shall survive payment (including payment in connection with an assignment under  18) or
satisfaction in full of all other Obligations.
	SURVIVAL OF COVENANTS, ETC. 

Unless otherwise stated herein, all covenants, agreements,
representations and warranties made herein, in the other Loan Documents or in any documents or
other papers delivered by or on behalf of the Borrowers pursuant hereto shall be deemed to have
been relied upon by the Lenders and the Administrative Agent, notwithstanding any investigation
heretofore or hereafter made by any of them, and shall survive the making by the Lenders of the
Loans and the issuance, extension or renewal of any Letters of Credit, as herein contemplated, and
shall continue in full force and effect so long as any amount due under this Credit Agreement or
any Letter of Credit remains outstanding and unpaid or any Lender has any obligation to make any
Loans or issue any Letters of Credit hereunder.  All statements contained in any certificate or
other paper delivered by or on behalf of the Borrowers pursuant hereto or in connection with the
transactions contemplated hereby shall constitute representations and warranties by the Borrowers
hereunder.

	ASSIGNMENTS AND PARTICIPATION.

	Assignments. It is understood and agreed that each Lender shall
have the right to assign at any time all or any portion of its Commitment and interests in the risk
relating to any Revolving Credit Loans and outstanding Letters of Credit and/or its Term Loan
Percentage of the Term Loan to any Person, provided that: (i) each such assignment shall be in a
minimum amount of $1,000,000 (or, if less, in a minimum amount equal to all of such Lender's
Commitment and interests in the risk relating to any Revolving Credit Loans and outstanding Letters
of Credit and/or its Term Loan Percentage of the Term Loan); (ii) the Administrative Agent and, so
long as no Event of Default has occurred and is continuing, the Parent, shall have consented to
such assignment, each such consent not to be unreasonably withheld; provided that the consent of
the Administrative Agent and the Parent shall not be required, and the minimum assignment amount
shall not apply, if the assignment is to a Lender, an Affiliate of a Lender or an Approved Fund so
long as such assignment would not result in increased costs to the Borrowers hereunder; and (iii)
the proposed assignee and the assigning Lender execute and deliver to the Administrative Agent and
the Borrowers hereunder an Assignment and Acceptance in the form attached hereto as Exhibit D (in
each case, an "Assignment and Acceptance").  Upon the
execution and delivery of such Assignment and Acceptance, (A) to the extent applicable, the
Borrowers, if requested, shall issue to the assignee applicable Notes in the amount of such
assignee's Commitment and/or portion of the Term Loan, dated the effective date of such Assignment
and Acceptance and otherwise completed in substantially the form of the Notes executed and
delivered to the Lenders on the Effective Date and, if applicable, the assignor shall return to the
Borrowers its existing Notes marked "cancelled"; and (B) the assignee shall pay a
processing and recordation fee of $3,500 to the Administrative Agent; provided that only one such
fee shall be payable in the event of simultaneous assignments to or by two or more Approved
Funds.

	Participations. Each Lender shall also have the right to grant
participations to one or more banks, other financial institutions or other entities whose business
is to purchase and sell loan assets in the normal course (each a "Participant") in
or to all or any part of any rights or Obligations owing to such Lender; provided that (i)
any such sale or participation shall not affect the rights and duties of the selling Lender
hereunder to the Borrowers and (ii) the only rights granted to the Participant pursuant to such
participation arrangements with respect to waivers, amendments or modifications of the Loan
Documents shall be the rights to approve waivers, amendments or modifications that would require
consent by all Lenders or of the assigning Lender under   26(a), (b) and (c), as the case may be,
and (iii) any Participant shall be entitled to the benefits of  5.4,  5.5,  5.9,  5.11 and  15 as
if it were a Lender hereunder, provided, however, that no Borrower shall be required to pay
any amount which is greater than such amount that otherwise would have been payable to the Lender
which sold such participation.

	Miscellaneous. Notwithstanding the foregoing, no assignment,
participation or accession shall operate to (i) except in accordance with  18(g), increase the
Total Revolving Credit Commitment or amount of the Term Loan hereunder unless consented to by the
Required Lenders or (ii) reduce the Commitment or portion of the Term Loan of any Lender to an
amount less than $1,000,000 (or, if less, in a minimum amount equal to all of such Lender's
Commitment and interests in the risk relating to any Revolving Credit Loans and outstanding Letters
of Credit or its Term Loan Percentage of the Term Loan), or (iii) otherwise alter the substantive
terms of this Credit Agreement.  Anything contained in this  18 to the contrary notwithstanding,
any Lender may at any time grant a security interest in all or any portion of its rights under this
Credit Agreement and the other Loan Documents to secure obligations of such Lender, including
without limitation (a) any pledge or assignment to secure obligations to any of the twelve Federal
Reserve Banks organized under  4 of the Federal Reserve Act, 12 U.S.C.  341 and (b) with respect to
any Lender that is a Fund, to any lender or any trustee for, or any other representative of,
holders of obligations owed or securities issued by such Fund as security for such obligations or
securities or any institutional custodian for such Fund or for such lender; provided that no
such grant shall release such Lender from any of its obligations hereunder, provide any voting
rights hereunder to the secured party thereof, substitute any such secured party for such Lender as
a party hereto or affect any rights or obligations of the Borrowers or Administrative Agent
hereunder.  The words "execution," "signed," "signature," and words
of like import in any Assignment and Assumption shall be deemed to include electronic signatures or
the keeping of records in electronic form, each of which shall be of the same legal effect,
validity or enforceability as a manually executed signature or the use of a paper-based
recordkeeping system, as the case may be, to the extent and as provided for in any applicable law,
including the Federal Electronic Signatures in Global and National Commerce Act, the New York State
Electronic Signatures and Records Act, or any other similar state laws based on the Uniform
Electronic Transactions Act.

	Register. On the date specified in any Assignment and Acceptance or
Instrument of Accession and upon the satisfaction of the other conditions set forth in this  18,
such bank or financial institution shall become a party to this Credit Agreement and the other Loan
Documents for all purposes of this Credit Agreement and the other Loan Documents, and its
Commitment and/or portion of the Term Loan shall be as set forth in the register of Lenders (the
"Register") maintained by the Administrative Agent for the recordation of the
names and addresses of the Lenders and the Commitment Percentage of, Term Loan Percentage of, and
principal amount of the Loans owing to and Letter of Credit participations purchased by, the
Lenders from time to time.  The entries in the Register shall be conclusive, in the absence of
manifest error, and the Borrowers, the Administrative Agent and the Lenders may treat each person
whose name is recorded in the Register as a Lender hereunder for all purposes of this Credit
Agreement.  The Register shall be available for inspection by the Borrowers and the Lenders at any
reasonable time and from time to time upon reasonable prior notice.

	Assignee or Participant Affiliated with a Borrower.  If any assignee
Lender is an Affiliate of any Borrower, then any such assignee Lender shall have no right to vote
as a Lender hereunder or under any of the other Loan Documents for purposes of granting consents or
waivers or for purposes of agreeing to amendments or other modifications to any of the Loan
Documents or for purposes of making requests to the Administrative Agent pursuant to  13.1 or
 13.2, and the determination of the Required Lenders shall for all purposes of this Credit
Agreement and the other Loan Documents be made without regard to such assignee Lender's interest in
any of the Loans or Reimbursement Obligations.  If any Lender sells a participating interest in any
of the Loans or Reimbursement Obligations to a Participant, and such Participant is a Borrower or
an Affiliate of a Borrower, then such transferor Lender shall promptly notify the Administrative
Agent of the sale of such participation.  Such transferor Lender shall have no right to vote as a
Lender hereunder or under any of the other Loan Documents for purposes of granting consents or
waivers or for purposes of agreeing to amendments or modifications to any of the Loan Documents or
for purposes of making requests to the Administrative Agent pursuant to  13.1 or  13.2 to the
extent that such participation is beneficially owned by a Borrower or any Affiliate of a Borrower,
and the determination of the Required Lenders shall for all purposes of this Credit Agreement and
the other Loan Documents be made without regard to the interest of such transferor Lender in the
Loans or Reimbursement Obligations to the extent of such participation.

	Special Purpose Funding Vehicle.  Notwithstanding anything to the
contrary contained in this  18, any Lender other than a Lender affiliated with a Borrower (a
"Granting Lender") may grant to a special purpose funding vehicle (an
"SPV") of such Granting Lender, identified as such in writing from time to time
delivered by the Granting Lender to the Administrative Agent and the Borrowers, the option to
provide to the Borrowers all or any part of any Loan that such Granting Lender would otherwise be
obligated to make to the Borrowers pursuant to this Credit Agreement, provided that (a)
nothing herein shall constitute a commitment to make any Loan by any SPV, (b) the Granting Lender's
obligations under this Credit Agreement shall remain unchanged, (c) the Granting Lender shall
retain the sole right to enforce this Credit Agreement and to approve any amendment, modification
or waiver of any provision of this Credit Agreement and (d) if an SPV elects not to exercise such
option or otherwise fails to provide all or any part of such Loan, the Granting Lender shall be
obligated to make such Loan pursuant to the terms hereof.  The making of a Loan by an SPV hereunder
shall utilize the Commitment of the Granting Lender to the same extent, and as if, such Loan were
made by the Granting Lender.  Each party hereto hereby agrees that no SPV shall be liable for any
expense reimbursement, indemnity or similar payment obligation under this Credit Agreement (all
liability for which shall remain with the Granting Lender).  In furtherance of the foregoing, each
party hereto hereby agrees (which agreement shall survive the termination of this Credit Agreement)
that, prior to the date that is one year and one day after the later of (i) the payment in full of
all outstanding senior indebtedness of any SPV and (ii) the Revolving Credit Maturity Date, or, as
applicable, the Term Loan Maturity Date, it will not institute against, or join any other person in
instituting against, such SPV any bankruptcy, reorganization, arrangement, insolvency or
liquidation proceedings or similar proceedings under the laws of the United States of America or
any State thereof.  In addition, notwithstanding anything to the contrary contained in this  18,
any SPV may (A) with notice to, but (except as specified below) without the prior written consent
of, the Borrowers or the Administrative Agent and without paying any processing fee therefor,
assign all or a portion of its interests in any Loans to its Granting Lender or to any financial
institutions (consented to by the Administrative Agent and, so long as no Default or Event of
Default has occurred and is continuing, the Borrowers, which consents shall not be unreasonably
withheld or delayed) providing liquidity and/or credit facilities to or for the account of such SPV
to fund the Loans made by such SPV or to support the securities (if any) issued by such SPV to fund
such Loans and (B) disclose on a confidential basis any non-public information relating to its
Loans (other than financial statements referred to in  6.4 or  7.4) to any rating agency,
commercial paper dealer or provider of a surety, guarantee or credit or liquidity enhancement to
such SPV.  In no event shall the Borrowers be obligated to pay to an SPV that has made a Loan any
greater amount than the Borrowers would have been obligated to pay under this Agreement if the
Granting Lender had made such Loan.  An amendment to this  18(f) without the written consent of an
SPV shall be ineffective insofar as it alters the rights and obligations of such SPV.

	Acceding Lenders. One or more commercial banks, other financial
institutions or other Persons (in each case, an "Acceding Lender") may, at the
request of the Borrowers, and upon the consent of the Administrative Agent (such consent not to be
unreasonably withheld), become party to this Credit Agreement as a Lender by entering into an
Instrument of Accession in substantially the form of Exhibit F hereto (an
"Instrument of Accession") with the Borrowers and the Administrative Agent and
assuming thereunder the rights and obligations of a Lender hereunder, including, without
limitation, Commitments to make Revolving Credit Loans and participate in the risk relating to
Letters of Credit and/or (as the case may be) the obligation to fund a portion of the Term Loan in
amounts to be agreed upon by the Borrowers and the Acceding Lender subject to the terms hereof, and
the Total Revolving Credit Commitment and/or the Term Loan (as the case may be) shall thereupon be
increased (each such increase referred to as a "Post-Closing Facility Increase")
by the amount of such Acceding Lender's interest; provided that:

	no Default or Event of Default has occurred and is continuing at the time of
such accession;

	in no event shall the sum of (a) the Term Loan plus (b) the Total
Revolving Credit Commitment (after giving effect to all Instruments of Accession) exceed in the
aggregate $800,000,000 minus any previously effected permanent reductions of the Total
Revolving Credit Commitment and prepayments of the Term Loan pursuant to   2.2, 4.4 and 4.5,
respectively; and

	the Borrowers shall indemnify the Lenders and the Administrative Agent for
any cost or expense incurred as a consequence of the reallocation of any Eurodollar Loans to an
Acceding Lender pursuant to the provisions of  5.9.

On the effective date specified in any Instrument of Accession, Schedule
1 hereto shall be deemed to be amended to reflect (x) the name, address, Commitment, Commitment
Percentage and/or Term Loan Percentage of the Acceding Lender, (y) the amount of the Total
Revolving Credit Commitment and the Term Loan Amount after giving effect to the Post-Closing
Facility Increase, and (z) the changes to the respective Commitments, Commitment Percentages and
Term Loan Percentages of the other Lenders, as applicable, resulting from such Post-Closing
Facility Increase.

	PARTIES IN INTEREST.

All the terms of this Credit Agreement and the other Loan Documents shall be
binding upon and inure to the benefit of and be enforceable by the respective successors and
assigns of the parties hereto and thereto; provided that the Borrowers shall not assign or
transfer their rights hereunder without the prior written consent of each Lender.

	NOTICES, ETC.

	Notices Generally.  Except as otherwise
expressly provided in this Credit Agreement, all notices and other communications made or required
to be given pursuant to this Credit Agreement or the other Loan Documents shall be in writing and
shall be delivered in hand, mailed by United States first-class mail, postage prepaid, or sent by
telex or facsimile and confirmed by letter, addressed as follows:

	if to the Borrowers, at Waste Connections, Inc., 35 Iron Point Circle, Suite
200, Folsom, California 95630-8589, Attention:  Worthing Jackman, Executive Vice-President and
Chief Financial Officer, telephone number 916-608-8200, telecopy number 916-351-5607;

	if to the Administrative Agent or Bank of America, at 100 Federal Street,
Boston, Massachusetts 02110, Attention: Maria F. Maia, Managing Director, telephone number 617-434-
5751, telecopy number 617-434-2160;

or such other address for notice as shall have last been furnished in writing to
the Person giving the notice.

Any such notice or demand shall be deemed to have been duly given or made and to
have become effective (a) if delivered by hand to a responsible officer of the party to which it is
directed, at the time of the receipt thereof by such officer, (b) if sent by registered or
certified first-class mail, postage prepaid, five Business Days after the posting thereof, (c) if
sent by telex or cable, at the time of the dispatch thereof, if in normal business hours in the
country of receipt, or otherwise at the opening of business on the following Business Day, and (d)
if sent by facsimile, when transmitted, confirmation received.

	Electronic Communications.  Notices and
other communications to the Lenders and the Issuing Lender hereunder may be delivered or furnished
by electronic communication (including e-mail and Internet or intranet websites, such as
Intralinks) pursuant to procedures approved by the Administrative Agent, provided that the
foregoing shall not apply to notices to any Lender or the Issuing Lender pursuant to  3 if such
Lender or the Issuing Lender, as applicable, has notified the Administrative Agent that it is
incapable of receiving notices under such  3 by electronic communication.  The Administrative Agent
or the Borrowers may, in their discretion, agree to accept notices and other communications to them
hereunder by electronic communications pursuant to procedures approved by them, provided
that approval of such procedures may be limited to particular notices or communications.  Unless
the Administrative Agent otherwise prescribes, (i) notices and other communications sent to an
e-mail address shall be deemed received upon the sender's receipt of an acknowledgement from the
intended recipient (such as by the "return receipt requested" function, as available, return e-mail
or other written acknowledgement), provided that if such notice or other communication is
not sent during the normal business hours of the recipient, such notice or communication shall be
deemed to have been sent at the opening of business on the next business day for the recipient, and
(ii) notices or communications posted to an Internet or intranet website shall be deemed
received upon the deemed receipt by the intended recipient at its e-mail address as described in
the foregoing clause (i) of notification that such notice or communication is available and
identifying the website address therefor.
	TREATMENT OF CERTAIN CONFIDENTIAL INFORMATION.

Each of the Administrative Agent, the Lenders and the Issuing Lender agrees
to maintain the confidentiality of the Information (as defined below), except that Information may
be disclosed (a) to its Affiliates and to its and its Affiliates' respective partners, directors,
officers, employees, agents, advisors and representatives (it being understood that the Persons to
whom such disclosure is made will be informed of the confidential nature of such Information and
instructed to keep such Information confidential), (b) to the extent requested by any regulatory
authority purporting to have jurisdiction over it (including any self-regulatory authority, such as
the National Association of Insurance Commissioners), (c) to the extent required by applicable laws
or regulations or by any subpoena or similar legal process, (d) to any other party hereto, (e) in
connection with the exercise of any remedies hereunder or under any other Loan Document or any
action or proceeding relating to this Credit Agreement or any other Loan Document or the
enforcement of rights hereunder or thereunder, (f) subject to an agreement containing provisions
substantially the same as those of this Section, to (i) any assignee of or Participant in, or any
prospective assignee of or Participant in, any of its rights or obligations under this Credit
Agreement or (ii) any actual or prospective counterparty (or its advisors) to any swap or
derivative transaction relating to a Borrower and its obligations, (g) with the consent of the
Borrowers or (h) to the extent such Information (x) becomes publicly available other than as a
result of a breach of this Section or (y) becomes available to the Administrative Agent, any
Lender, the Issuing Lender or any of their respective Affiliates on a nonconfidential basis from a
source other than the Borrowers.

For purposes of this Section, "Information" means
all information received from the Borrowers or any of their Subsidiaries relating to the Borrowers
or any of their Subsidiaries or any of their respective businesses, other than any such information
that is available to the Administrative Agent, any Lender or the Issuing Lender on a
nonconfidential basis prior to disclosure by the Borrowers or any their Subsidiaries.  Any Person
required to maintain the confidentiality of Information as provided in this Section shall be
considered to have complied with its obligation to do so if such Person has exercised the same
degree of care to maintain the confidentiality of such Information as such Person would accord to
its own confidential information.

	Prior Notification.  Unless
specifically prohibited by applicable law or court order, each of the Lenders and the
Administrative Agent shall, prior to disclosure thereof, notify the Borrowers of any request for
disclosure of any such non-public information by any governmental agency or representative thereof
(other than any such request in connection with an examination of the financial condition of such
Lender by such governmental agency) or pursuant to legal process.

	Other.  In no event shall any Lender or
the Administrative Agent be obligated or required to return any materials furnished to it or any
Financial Affiliate by the Borrowers.  The obligations of each Lender under this  21 shall
supersede and replace the obligations of such Lender under any confidentiality letter in respect of
this financing signed and delivered by such Lender to the Borrowers prior to the date hereof and
shall be binding upon any assignee of, or purchaser of any participation in, any interest in any of
the Loans or Reimbursement Obligations from any Lender.
	MISCELLANEOUS.

The rights and remedies herein expressed are cumulative and not exclusive of
any other rights which the Lenders or Administrative Agent would otherwise have.  The captions in
this Credit Agreement are for convenience of reference only and shall not define or limit the
provisions hereof.  This Credit Agreement and any amendment hereof may be executed in several
counterparts and by each party on a separate counterpart, each of which when so executed and
delivered shall be an original, but all of which together shall constitute one instrument.  In
proving this Credit Agreement it shall not be necessary to produce or account for more than one
such counterpart signed by the party against whom enforcement is sought. Delivery by facsimile by
any of the parties hereto of an executed counterpart hereof or of any Loan Document or of any
amendment or waiver hereto or thereto shall be as effective as an original executed counterpart
hereof or thereof or of such amendment or waiver and shall be considered a representation that an
original executed counterpart hereof or thereof or such amendment or waiver, as the case may be,
will be delivered.

	ENTIRE AGREEMENT, ETC.

The Loan Documents and any other documents executed in connection
herewith or therewith express the entire understanding of the parties with respect to the
transactions contemplated hereby.  Neither this Credit Agreement nor any term hereof may be
changed, waived, discharged or terminated, except as provided in  26.  No waiver shall extend to or
affect any obligation not expressly waived or impair any right consequent thereon.  No course of
dealing or omission on the part of the Administrative Agent or any Lender in exercising any right
shall operate as a waiver thereof or otherwise be prejudicial thereto.  No notice to or demand upon
the Borrowers shall entitle the Borrowers to other or further notice or demand in similar or other
circumstances.

	WAIVER OF JURY TRIAL.

EACH OF THE PARTIES HERETO HEREBY WAIVES ITS RIGHT TO A JURY TRIAL WITH RESPECT
TO ANY ACTION OR CLAIM ARISING OUT OF ANY DISPUTE IN CONNECTION WITH THIS CREDIT AGREEMENT, THE
NOTES OR ANY OF THE OTHER LOAN DOCUMENTS, ANY RIGHTS OR OBLIGATIONS HEREUNDER OR THEREUNDER OR THE
PERFORMANCE OF SUCH RIGHTS AND OBLIGATIONS.  EXCEPT AS PROHIBITED BY LAW, EACH PARTY HERETO HEREBY
WAIVES ANY RIGHT IT MAY HAVE TO CLAIM OR RECOVER IN ANY LITIGATION REFERRED TO IN THE PRECEDING
SENTENCE ANY SPECIAL, EXEMPLARY, PUNITIVE OR CONSEQUENTIAL DAMAGES OR ANY DAMAGES OTHER THAN, OR IN
ADDITION TO, ACTUAL DAMAGES.  THE BORROWERS (a) CERTIFY THAT NO REPRESENTATIVE, ADMINISTRATIVE
AGENT OR ATTORNEY OF ANY LENDER OR THE ADMINISTRATIVE AGENT HAS REPRESENTED, EXPRESSLY OR
OTHERWISE, THAT SUCH LENDER OR THE ADMINISTRATIVE AGENT WOULD NOT, IN THE EVENT OF LITIGATION, SEEK
TO ENFORCE THE FOREGOING WAIVERS AND (b) ACKNOWLEDGE THAT THE ADMINISTRATIVE AGENT AND THE
LENDERS HAVE BEEN INDUCED TO ENTER INTO THIS CREDIT AGREEMENT AND THE OTHER LOAN DOCUMENTS TO WHICH
THEY ARE A PARTY BECAUSE OF, AMONG OTHER THINGS, THE BORROWERS' WAIVERS AND CERTIFICATIONS
CONTAINED HEREIN.

	GOVERNING LAW.

THIS CREDIT AGREEMENT AND, EXCEPT AS OTHERWISE SPECIFICALLY PROVIDED THEREIN,
EACH OF THE OTHER LOAN DOCUMENTS ARE CONTRACTS UNDER THE LAWS OF THE STATE OF NEW YORK AND SHALL
FOR ALL PURPOSES BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF SAID STATE OF NEW YORK
(EXCLUDING THE LAWS APPLICABLE TO CONFLICTS OR CHOICE OF LAW OTHER THAN GENERAL OBLIGATIONS LAW  5-
1401 AND  5-1402).  EACH OF THE BORROWERS AGREES THAT ANY SUIT FOR THE ENFORCEMENT OF THIS CREDIT
AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS MAY BE BROUGHT IN THE COURTS OF THE STATE OF NEW YORK
OR ANY FEDERAL COURT SITTING THEREIN AND CONSENTS TO THE NONEXCLUSIVE JURISDICTION OF SUCH COURT
AND SERVICE OF PROCESS IN ANY SUCH SUIT BEING MADE UPON THE BORROWERS BY MAIL AT THE ADDRESS
SPECIFIED IN  20.  EACH OF THE BORROWERS HEREBY WAIVES ANY OBJECTION THAT IT MAY NOW OR HEREAFTER
HAVE TO THE VENUE OF ANY SUCH SUIT OR ANY SUCH COURT OR THAT SUCH SUIT IS BROUGHT IN AN
INCONVENIENT COURT.

	Consents, Amendments, Waivers, Etc.

Except as set forth in  4.7 or in connection with a Post-Closing
Facility Increase made in accordance with  18(g) and as set forth in subsections (a) and (b) below,
any consent or approval required or permitted by this Credit Agreement to be given by the Lenders
may be given, and any term of this Credit Agreement, the other Loan Documents or any other
instrument related hereto or mentioned herein may be amended, and the performance or observance by
the Borrowers of any terms of this Credit Agreement, the other Loan Documents or such other
instrument or the continuance of any Default or Event of Default may be waived (either generally or
in a particular instance and either retroactively or prospectively) with, but only with, the
written consent of the Borrowers and the written consent of the Required Lenders. Notwithstanding
the foregoing, no amendment, modification or waiver shall be effective:

	without the written consent of the Borrowers and each Lender directly
affected thereby:

	reduce or forgive the principal amount of any Revolving Credit Loans or Term
Loan, as the case may be, or Reimbursement Obligations, or reduce the rate of interest on the
Revolving Credit Loans or applicable Term Loan, as the case may be, or the amount of the Commitment
Fee or Letter of Credit Fees;

	increase the amount of such Revolving Lender's Commitment or such Term
Lender's Term Loan Amount, or extend the expiration date of such Revolving Credit
Commitment;

	postpone or extend the Revolving Credit Loan Maturity Date or the Term Loan
Maturity Date or any other regularly scheduled dates for payments of principal of, or interest on,
the Loans or Reimbursement Obligations or any Fees or other amounts payable to such Lender (it
being understood that any vote to rescind any acceleration made pursuant to  13.1 of amounts owing
with respect to the Loans and other Obligations shall require only the approval of the Required
Lenders);

	other than pursuant to a transaction permitted by the terms of this Credit
Agreement, release all or substantially all of the Collateral (excluding, if any Borrower becomes a
debtor under the federal Bankruptcy Code, the release of "cash collateral", as
defined in Section 363(a) of the federal Bankruptcy Code pursuant to a cash collateral stipulation
with the debtor approved by the Required Lenders);

	amend or modify the provisions of  4.4 (Mandatory Prepayments of the Term
Loan),  5.13 (Concerning Joint and Several Liability of the Borrowers) or  13.4 (Distribution of
Collateral Proceeds);

	without the written consent of all of the Lenders, amend or waive this  26
or the definition of "Required Lenders";

	without the written consent of the Administrative Agent, amend or waive
  2.10 or 15, the amount or time of payment of any fees payable for the Administrative Agent's
account or any Letter of Credit Fees payable for the Administrative Agent's account or any other
provision applicable to the Administrative Agent.

No waiver shall extend to or affect any obligation not expressly waived or
impair any right consequent thereon.  No course of dealing or delay or omission on the part of the
Administrative Agent or any Lender in exercising any right shall operate as a waiver thereof or
otherwise be prejudicial thereto.  No notice to or demand upon the Borrowers shall entitle the
Borrowers to other or further notice or demand in similar or other circumstances.

	Borrowers' Representative.

Each of the Borrowers hereby irrevocably appoints the Parent as such
Borrower's representative and agent for all purposes under this Credit Agreement and authorizes the
Parent, on behalf of each such Borrower and in each such Borrower's name to give and receive all
notices and documents, certificates and instruments to be given or received by the Borrowers or any
of them in connection with this Credit Agreement and the other Loan Documents, including receipt of
service of legal process in connection with any suit or proceeding arising under, or in connection
with the transactions contemplated by this Credit Agreement, delivery of Loan and Letter of Credit
Requests, Conversion Requests, Compliance Certificates and requests for waivers and amendments and
to acknowledge or consent to any amendments, waivers or assignments.

	Severability.

The provisions of this Credit Agreement are severable and if any one clause
or provision hereof shall be held invalid or unenforceable in whole or in part in any jurisdiction,
then such invalidity or unenforceability shall affect only such clause or provision, or part
thereof, in such jurisdiction, and shall not in any manner affect such clause or provision in any
other jurisdiction, or any other clause or provision of this Credit Agreement in any
jurisdiction.

	EXISTING Credit Agreement.

	Existing Credit Agreement Superseded.  On
the Closing Date, this Credit Agreement shall supersede the Existing Credit Agreement in its
entirety, except as provided in this  29.  On the Closing Date, the rights and obligations of the
parties hereto evidenced by the Existing Credit Agreement shall be evidenced by this Credit
Agreement and the other Loan Documents, the "Loans" as defined in the Existing Credit Agreement
shall be converted to Loans as defined herein and the Existing Letters of Credit issued by the
Issuing Lender for the account of the Borrowers or any of their Subsidiaries prior to the
Closing Date shall be deemed to be Letters of Credit under this Credit Agreement.

	Interest and Fees under Superseded
Agreement.  All interest and fees and expenses (including any breakage fees or expenses
incurred under  5.9), if any, owing or accruing under or in respect of the Existing Credit
Agreement through the Closing Date shall be calculated as of the Closing Date (pro rated in the
case of any fractional periods), and shall be paid on the Closing Date.  Commencing on the Closing
Date, the Commitment Fees hereunder shall be payable by the Borrowers to the Administrative Agent
for the account of the Lenders in accordance with  5.1.
	USA PATRIOT ACT.

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

 

IN WITNESS WHEREOF, the undersigned have duly executed
this Credit Agreement as of the date first set forth above.

THE BORROWERS:

WASTE CONNECTIONS, INC.

AMERICAN DISPOSAL COMPANY, INC.

AMERICAN SANITARY SERVICE, INC.

ARROW SANITARY SERVICE, INC.

BANDON DISPOSAL & RECYCLING, INC.

BITUMINOUS RESOURCES, INC.

BUTLER COUNTY LANDFILL, INC.

CAMINO REAL ENVIRONMENTAL CENTER, INC.

CITY SANITATION, INC.

COLD CANYON LAND FILL, INC.

COMMUNITY REFUSE DISPOSAL INC.

CONTRACTORS WASTE SERVICES, INC.

CORRAL DE PIEDRA LAND COMPANY

CURRY TRANSFER & RECYCLING, INC.

D. M. DISPOSAL CO., INC.

DENVER REGIONAL LANDFILL, INC.

EMPIRE DISPOSAL, INC.

ENVIRONMENTAL TRUST COMPANY

ETC OF GEORGIA, INC.

FINNEY COUNTY LANDFILL, INC.

G & P DEVELOPMENT, INC.

ISLAND DISPOSAL, INC.

J BAR J LAND, INC.

LEALCO, INC.

LES' COUNTY SANITARY, INC.

LES' SANITARY SERVICE, INC.

MADERA DISPOSAL SYSTEMS, INC.

MAMMOTH DISPOSAL COMPANY

MANAGEMENT ENVIRONMENTAL NATIONAL, INC.

MASON COUNTY GARBAGE CO., INC.

MILLENNIUM WASTE INCORPORATED

MISSION COUNTRY DISPOSAL

MORRO BAY GARBAGE SERVICE

MURREY'S DISPOSAL COMPANY, INC.

NEBRASKA ECOLOGY SYSTEMS, INC.

NOBLES COUNTY LANDFILL, INC.

NORTH BEND SANITATION SERVICE, INC.

By:______________________________________

Name:

Title:

NORTHERN PLAINS DISPOSAL, INC.

OKLAHOMA CITY WASTE DISPOSAL, INC.

OKLAHOMA LANDFILL HOLDINGS, INC.

OSAGE LANDFILL, INC.

RED CARPET LANDFILL, INC.

RH FINANCIAL CORPORATION

RHINO SOLID WASTE, INC.

SAN LUIS GARBAGE COMPANY

SCOTT SOLID WASTE DISPOSAL COMPANY

SEDALIA LAND COMPANY

SOUTH COUNTY SANITARY SERVICE, INC.

SOUTHERN PLAINS DISPOSAL, INC.

TACOMA RECYCLING COMPANY, INC.

TENNESSEE WASTE MOVERS, INC.

WASCO COUNTY LANDFILL, INC.

WASTE CONNECTIONS MANAGEMENT SERVICES, INC.

WASTE CONNECTIONS OF ALABAMA, INC.

WASTE CONNECTIONS OF ARIZONA, INC.

WASTE CONNECTIONS OF ARKANSAS, INC.

WASTE CONNECTIONS OF CALIFORNIA, INC.  (f/k/a Amador Disposal Service, Inc.)

WASTE CONNECTIONS OF COLORADO, INC.

WASTE CONNECTIONS OF ILLINOIS, INC.

WASTE CONNECTIONS OF IOWA, INC.  (f/k/a Whaley Waste Systems Inc.)

WASTE CONNECTIONS OF KANSAS, INC.

WASTE CONNECTIONS OF KENTUCKY, INC.

WASTE CONNECTIONS OF MINNESOTA, INC.  (f/k/a Ritter's Sanitary Service, Inc.)

WASTE CONNECTIONS OF MISSISSIPPI, INC. (f/k/a Liberty Waste Services of
Mississippi Holdings, Inc.)

WASTE CONNECTIONS OF MISSOURI, INC.

WASTE CONNECTIONS OF MONTANA, INC.

WASTE CONNECTIONS OF NEBRASKA, INC.

WASTE CONNECTIONS OF NEW MEXICO, INC.

WASTE CONNECTIONS OF OKLAHOMA, INC.  (f/k/a B & B Sanitation, Inc.)

WASTE CONNECTIONS OF OREGON, INC. (f/k/a Sweet Home Sanitation Service,
Inc.)

WASTE CONNECTIONS OF SOUTH DAKOTA, INC.(f/k/a Novak Enterprises, Inc.)

WASTE CONNECTIONS OF TENNESSEE, INC. (fka Liberty Waste Services of Tennessee
Holdings, Inc.)

WASTE CONNECTIONS OF THE CENTRAL VALLEY, INC. (f/k/a/ Kingsburg Disposal
Service, inc.)

WASTE CONNECTIONS OF UTAH, INC.

 

By:______________________________________

Name:

Title:

WASTE CONNECTIONS OF WASHINGTON, INC.

WASTE CONNECTIONS OF WYOMING, INC.

WASTE CONNECTIONS TRANSPORTATION COMPANY, INC.

WASTE SERVICES OF N.E. MISSISSIPPI, INC.

WCI OF GEORGIA, INC.

WEST COAST RECYCLING AND TRANSFER, INC.

By:______________________________________

Name:

Title:

COLUMBIA RESOURCE CO., L.P.

FINLEY-BUTTES LIMITED PARTNERSHIP

By:Management Environmental National, Inc.,

its General Partner
By:______________________________________

Name:

Title:

EL PASO DISPOSAL, LP

By:Waste Connections of Texas, LLC,
its General Partner

By:Waste Connections Management Services, Inc.,

its Manager
By:______________________________________

Name:

Title:

 

SANTEK ENVIRONMENTAL OF MISSISSIPPI, L.L.C.

WASTE SERVICES OF MISSISSIPPI, LLC

By:Waste Connections, Inc.,

its Managing Member

By:______________________________________

Name:

Title:

WASTE CONNECTIONS OF TEXAS, LLC

By:Waste Connections Management Services, Inc.,

its Manager

By:______________________________________

Name:

Title:

SCOTT WASTE SERVICES, LLC

By:Waste Connections Inc.,

its Manager

By:______________________________________

Name:

Title:

THE LENDERS:

BANK OF AMERICA, N.A,

individually and as Administrative Agent

By:___________________________________

Timothy M. Laurion, Managing Director

DEUTSCHE BANK TRUST COMPANY AMERICAS,

individually and as Syndication Agent

By:______________________________________

Name:

Title:

WELLS FARGO BANK, N.A.

By:______________________________________

Name:

Title:

CREDIT LYONNAIS NEW YORK BRANCH

By:______________________________________

Name:

Title:

By:______________________________________

Name:

Title:

LASALLE BANK NATIONAL ASSOCIATION

By:______________________________________

Name:

Title:

CITICORP North America, Inc.

By:______________________________________

Name:

Title:

FIRST BANK D/B/A fIRST BANK & TRUST

By:______________________________________

Name:

Title:

GUARANTY BANK

By:______________________________________

Name:

Title:

JPMORGAN CHASE

By:______________________________________

Name:

Title:

U.S. BANK NATIONAL ASSOCIATION

By:______________________________________

Name:

Title:

BANK OF THE WEST

By:______________________________________

Name:

Title:

BANK OF SCOTLAND

By:______________________________________

Name:

Title:

PEOPLE'S BANK

By:______________________________________

Name:

Title:

WASHINGTON MUTUAL BANK

By:______________________________________

Name:

Title:

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