Document:

Exhibit 10.30

    EXHIBIT
      10.30

     

    

      AMENDED
        AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT

      OF

      SPELTZ
        &
        WEIS
        LLC

      

      This
        AMENDED
        AND
        RESTATED
        LIMITED
        LIABILITY COMPANY AGREEMENT
        (this “Agreement”) is made and entered into as of this 17th day of May, 2005, by
and
        between Huron Consulting Group Inc., a Delaware corporation (the “Member”) and
        Speltz &
        Weis LLC (formerly known as SC Holdings, LLC), a Delaware limited liability
        company (the “Company”).

       

      WITNESSETH:

      

      WHEREAS,
        pursuant to an Agreement of Merger (the “Merger
        Agreement”),
        dated
        May 17,
        2005,
        between the Company and Speltz & Weis LLC, a New Hampshire limited liability
company
        (“Speltz
        & Weis LLC -
        NH”),
        Speltz
        and Weis LLC -
        NH
        was
        merged with and into the
        Company (the “Merger”); and

      

      WHEREAS,
        in connection with the Merger Agreement, the Company's name has been
changed
        from “SC Holding, LLC”, to “Speltz & Weis LLC”;

      

      NOW,
        THEREFORE, in consideration of the foregoing and the mutual covenants and
        agreements
        set forth herein, the Member and the Company hereby enter into and adopt
        this
Agreement
        as the amended and restated limited liability company agreement of the
        Company.

      

      1. Name. The
        name
        of the limited liability company is Speltz & Weis LLC.

       

      2.
         Purpose.
        The
        Company is formed for the object and purpose of, and the nature of the
        business to be conducted and promoted by the Company is, to engage in any
        lawful
        act or activity
        for which limited liability companies may be formed under the Delaware Limited
        Liability
        Company Act (6 Del.
        C.§
18-101
        et seq.),
        as
        amended from time to time (the “Delaware
        Act”), and engaging in any and all activities necessary or incidental to the
        foregoing.

       

      3. Powers
        of the Company.

       

      (i)
         The
        Company shall have the power and authority to take any and all actions
        necessary, appropriate, advisable, convenient or incidental to or for the
        furtherance of the purpose
        set forth in Section 2, including, but not limited to, the power:

       

      (a) to
        conduct its business, carry on its operations and have and exercise
        the powers granted to a limited liability company by the Delaware Act in
        any
        state, territory,
        district or possession of the United States, or in any foreign country that
        may
        be necessary,
        convenient or incidental to the accomplishment of the purpose of the
        Company;

      
 

      
        
           

        

        
          1

          
            

          

        

        
           

        

      

      (b) to
        acquire, by purchase, lease, contribution of property or otherwise,
        and to own, hold, operate, maintain, finance, improve, lease, sell, convey,
        mortgage, transfer, demolish or dispose of any real or personal property
        that
        may be necessary, convenient or
        incidental to the accomplishment of the purpose of the Company;

      

      (c) to
        enter
        into, perform and carry out contracts of any kind, including,
        without limitation, contracts with the Member or any person or other entity
        that
directly
        or indirectly controls, is controlled by, or is under common control with
        the
        Member (any
        such
        person or entity, an “Affiliate”), or any agent of the Company necessary to, in
connection
        with, convenient to, or incidental to, the accomplishment of the purpose
        of the
Company.
        For
        purposes of the definition of Affiliate, the term “control” means possession,
directly
        or indirectly, of the power to direct or cause the direction of the management
        and policies
        of an entity, whether through ownership of voting securities or
        otherwise;

      

      (d) to
        purchase, take, receive, subscribe for or otherwise acquire, own, hold,
        vote, use, employ, sell, mortgage, lend, pledge, or otherwise dispose of,
        and
        otherwise use and
        deal
        in and with, shares or other interests in or obligations of domestic or foreign
        corporations,
        associations, general or limited partnerships (including, without limitation,
        the power
        to
        be admitted as a partner thereof and to exercise the rights and perform the
        duties created
        thereby), trusts, limited liability companies (including, without limitation,
        the power to be
        admitted as a member or appointed as a manager thereof and to exercise the
        rights and perform
        the duties created thereby), and other entities or individuals, or direct
        or
        indirect obligations
        of the United States or any foreign country or of any government, state,
        territory, governmental
        district or municipality or of any instrumentality of any of them;

      

      (e) to
        lend
        money for any proper purpose, to invest and reinvest its funds,
        and to take and hold real and personal property for the payment of funds
        so
        loaned or invested;

      

      (f) to
        sue
        and be sued, complain and defend and participate in administrative
        or other proceedings, in its name;

      

      (g) to
        appoint employees and agents of the Company, and define their duties
        and fix their compensation;

      

      (h) to
        indemnify any person or entity and to obtain any and all types of insurance;

      (i) to
        cease
        its activities and cancel its insurance;

      

      (j) to
        negotiate, enter into, renegotiate, extend, renew, terminate, modify,
        amend, waive, execute, acknowledge or take any other action with respect
        to any
        lease, contract
        or security agreement in respect of any assets of the Company;

      
 

      
        
           

        

        
          2

          
            

          

        

        
           

        

      

      (k) to
        borrow
        money and issue evidences of indebtedness, and to secure
        the same by a mortgage, pledge or other lien on any or all of the assets
        of the
        Company;

      

      (l) to
        pay,
        collect, compromise, litigate, arbitrate or otherwise adjust or
        settle
        any and all other claims or demands of or against the Company or to hold
        such
        proceeds against
        the payment of contingent liabilities; and

      

      (m) to
        make,
        execute, acknowledge and file any and all documents or instruments
        necessary, convenient or incidental to the accomplishment of the purpose
        of the
Company.

      

      (ii) The
        Company may merge with, or consolidate into, another limited liability
        company or other business entity, subject to restrictions and or limitations
        imposed on the
        Company and the other limited liability company or other business entity
        by the
        Delaware Act
        and
        any applicable laws of the state of formation of such other limited liability
        company or other
        business entity, upon the approval of the Member, in its sole
        discretion.

      

      4. Member. The
        name
        and the business, residence or mailing address of the Member
        of
        the Company are as follows:

      

      Name:             Address:

      Huron
        Consulting Group   550
        West
        Van Buren Street

                  Chicago,
        IL 60607

      

      5. Powers
        of Member. The
        Member shall have the power to exercise any and all rights
        and powers granted to the Member pursuant to the express terms of this
        Agreement. Except
        as
        otherwise specifically provided by this Agreement or required by the Delaware
        Act, the
        Managing Member (as hereinafter defined) shall have the power to act for
        and on
        behalf of, and
        to
        bind, the Company. The Managing Member is hereby designated as an authorized
        person, within
        the meaning of the Delaware Act, to execute, deliver and file any amendments
        and/or restatements
        to the certificate of formation of the Company and any other certificates
        (and
        any amendments
        and/or restatements thereof) necessary for the Company to qualify to do business
        in a
        jurisdiction in which the Company may wish to conduct business.

      

      	6.  	
              Management.

            

      

      	6.1  	
              Management
                of the Company.

            

      

      (i) The
        Member shall be the managing member of the Company (the “Managing
        Member”) and, in such capacity, shall manage the Company in accordance with this
        Agreement.
        The Managing Member is an agent of the Company's business, and the actions
        of
the
        Managing Member taken in such capacity and in accordance with this Agreement
        shall bind the
        Company.

       

       

      
        
           

        

        
          3

          
            

          

        

        
           

        

      

      
 

      (ii) The
        Managing Member shall have full, exclusive and complete discretion
        to manage and control the business and affairs of the Company, to make all
        decisions affecting
        the business and affairs of the Company and to take all such actions as it
        deems
necessary
        or appropriate to accomplish the purpose of the Company as set forth herein.
        The
Managing
        Member shall be the sole person or entity with the power to bind the Company,
        except and
        to
        the extent that such power is expressly delegated to any other person or
        entity
        by the Managing
        Member, and such delegation shall not cause the Managing Member to cease
        to be
        the Member
        or
        the Managing Member. There shall not be a “manager” (within the meaning of the
Delaware
        Act) of the Company.

      

      (iii) The
        Managing Member may appoint individuals with or without such
        titles as it may elect, including the titles of President, Vice President,
        Treasurer, Secretary, and
        Assistant Secretary, to act on behalf of the Company with such power and
        authority as the Managing
        Member may delegate in writing to any such persons.

      

      6.2 Powers
        of the Managing Member. The
        Managing Member shall have the right,
        power and authority, in the management of the business and affairs of the
        Company, to do or
        cause
        to be done any and all acts deemed by the Managing Member to be necessary
        or
appropriate
        to effectuate the business, purposes and objectives of the Company, at the
        expense of the
        Company. Without limiting the generality of the foregoing, the Managing Member
        shall have
        the
        power and authority to:

      

      (i) establish
        a record date with respect to all actions to be taken hereunder
        that require a record date be established, including with respect to allocations
        and distributions;

      

      (ii) bring
        and
        defend on behalf of the Company actions and proceedings
        at law or in equity before any court or governmental, administrative or other
        regulatory
        agency, body or commission or otherwise; and

      

      (iii) execute
        all documents or instruments, perform all duties and powers
        and do all things for and on behalf of the Company in all matters necessary,
        desirable, convenient
        or incidental to the purpose of the Company, including, without limitation,
        all
documents,
        agreements and instruments related to the making of investments of Company
        funds.

      

      The
        expression of any power or authority of the Managing Member in this Agreement
        shall not in any way limit or exclude any other power or authority of the
        Managing Member
        that is not specifically or expressly set forth in this Agreement.

       

      
        
           

        

        
          4

          
            

          

        

        
           

        

      

      
 

      6.3
         No
        Management by Other Persons or Entities. Except
        and only to the extent
        expressly delegated by the Managing Member, no person or entity other than
        the
Managing
        Member and the Member shall be an agent of the Company or have any right,
        power
        or authority to transact any business in the name of the Company or to act
        for
        or on behalf of or to
        bind
        the Company.

      

      6.4 Reliance
        by Third Parties. Any
        person or entity dealing with the Company
        or the Managing Member may rely upon a certificate signed by the Managing
        Member
as
        to:

      (i) the
        identity of the Managing Member;

      

      (ii) the
        existence or non-existence of any fact or facts that constitute a condition
        precedent to acts by the Managing Member or are in any other manner germane
        to
        the affairs
        of the Company;

      

      (iii) the
        persons who or entities that are authorized to execute and deliver
        any instrument or document of or on behalf of the Company; or

      

      (iv)
        any
        act
        or failure to act by the Company or as to any other matter whatsoever
        involving the Company or the Member.

      

      6.5
         Records
        and Information. Unless
        otherwise required by a mandatory provision
        of law, neither the Company, the Member nor the Managing Member shall have
        any
obligation
        to maintain any books or records of the Company; provided that the Managing
        Member
        may keep books and records of the Company and may, from time to time, designate
        recordkeeping
        requirements for the Company.

      

      7. Term;
        Dissolution. The
        term
        of the Company shall be perpetual unless the Company
        is dissolved and terminated in accordance with this Section 7. The Company
        shall
dissolve,
        and its affairs shall be wound up, upon the first to occur of the following:
        (a)
        the written consent
        of the Member, (b) the occurrence of any event other than the death or
        incompetency of the
        Member that terminates the continued membership of the Member without the
        admission of a successor
        member to the Company or (c) the entry of a decree of judicial dissolution
        under
Section
        18-802 of the Delaware Act. In the event of the death or incompetency of
        the
        Member, the
        Company shall not dissolve but the personal representative (as defined in
        the
        Delaware Act) of
        the
        Member shall agree in writing to continue the Company and to the admission
        of
        the personal
        representative of the Member or its nominee or designee to the Company as
        a
        member, effective as of the death or incompetency of the Member. Upon the
        dissolution of the Company, the
        Managing Member shall wind up in the Company's affairs and distribute its
        assets
        as provided
        in the Delaware Act. Upon the completion of the winding up of the Company,
        the
Managing
        Member shall file a certificate of cancellation with the Secretary of State
        of
        the State of Delaware canceling the Company's certificate of formation at
        which
        time the Company shall terminate.

      
 

      
        
           

        

        
          5

          
            

          

        

        
           

        

      

      8. Capital
        Contribution. The
        Member shall make such initial capital contribution to the
        Company in such amount as it shall deem appropriate in its sole
        discretion.

      

      9. Additional
        Contributions. The
        Member may but is not required to make any additional
        capital contribution to the Company.

      

      10. Allocation
        of Profits and Losses: Tax Status. The
        Company's profits and losses shall
        be
        allocated to the Member. At all times that the Company has only one member
        (who
owns
        100%
        of the limited liability company interests in the Company), it is the intention
        of the Member
        that the Company be disregarded for federal, state, local and foreign income
        tax
purposes.

      

      11. Distributions. Distributions
        shall be made to the Member at the times and in the amounts
        determined by the Managing Member, provided that no distribution shall be
        made
        in violation of the Delaware Act and no distribution shall be made to the
        Member
        in connection with
        the
        resignation of the Member in the event the Member is adjudged incompetent
        to
        manage its
        person or property by a court of competent jurisdiction and, unless otherwise
        determined by the Member, no distribution will be paid to the Member upon
        its
        withdrawal in connection with the
        voluntary assignment of its entire interest pursuant to Section 12
        thereof.

      

      12. Assignments. The
        Member may transfer or assign (including as a collateral assignment
        or pledge) in whole or in part its limited liability company interest. In
        connection with
        a
        voluntary transfer or assignment by the Member of its entire limited liability
        company interest in the Company (not including a collateral assignment or
        pledge), the Member will automatically
        withdraw and the assignee will automatically and simultaneously be admitted
        as
the
        successor Member without any further action at the time such voluntary transfer
        or assignment
        becomes effective under applicable law and the Company shall be continued
        without dissolution.

      

      13. Resignation. The
        Member may resign from the Company at such time as it shall determine;
        provided that the Member shall be deemed to have resigned from the Company
        at
such
        time
        as it shall be adjudged by a court of competent jurisdiction to be incompetent
        to manage
        its person or property. Neither the filing of a voluntary petition in bankruptcy
        nor any other
        event specified in Section 18-304 of the Delaware Act will cause the Member
        to
        cease to be
        a
        member of the Company.

      

      14. Admission
        of Additional Members. One
        or
        more additional members of the Company may be admitted to the Company with
        the
        consent of the Member. Prior
        to
        the admission
        of any such additional member of the Company (including an admission in
        connection with
        a
        partial assignment or transfer pursuant to Section 12), this Agreement shall
        be
        amended by
        the
        Member and the person or persons to be admitted as additional members to
        make
        such changes as they shall determine to reflect the fact that the Company
        shall
        have more than one member.

       

      
 

      
        
           

        

        
          6

          
            

          

        

        
           

        

      

      15. Liability
        of Member. The
        Member shall not have any liability for the obligations or
        liabilities of the Company except to the extent provided in the Delaware
        Act.

      

      16. Exculpation
        and Indemnification.

      

      16.1
         Exculpation.

      

      (i) The
        Member, whether acting as Member, in its capacity as Managing
        Member, or in any other capacity, shall, to the fullest extent permitted
        by law,
        have no liability
        to the Company or to any other person for any loss, damage or claim incurred
        by
        reason of any act or omission (whether or not constituting negligence or
        gross
        negligence) performed or omitted by the Member.

      

      (ii) The
        Member shall be fully protected in relying in good faith upon the
        records of the Company and upon such information, opinions, reports or
        statements presented to
        the
        Company by any person or entity as to matters the Member reasonably believes
        are
        within the
        professional or expert competence of such person or entity and who or which
        has
        been selected
        with reasonable care by or on behalf of the Company, including information,
        opinions, reports
        or statements as to the value and amount of the assets, liabilities, profits,
        losses, or any other
        facts pertinent to the existence and amount of assets from which distributions
        to the Member
        might properly be paid. The foregoing provision shall in no way be deemed
        to
        reduce the
        limitation on liability of the Member provided in Clause (i) of this Section
        16.1.

      

      (iii) All
        provisions of this Section 16.1 shall apply to any former member
        of
        the Company for all actions or omissions taken while such person was the
        Member
        of the Company to the same extent as if such person were still the Member
        of the
        Company.

       

      16.2 Duties
        and Liabilities of the Member.

      

      (i) To
        the
        extent that, at law or in equity, the Member has duties (including
        fiduciary duties) and liabilities relating thereto to the Company or to any
        other person, the
        Member acting under this Agreement shall not be liable to the Company or
        to any
        other person
        for its reliance on the provisions of this Agreement. The provisions of this
        Agreement, to the
        extent that they restrict the duties and liabilities of the Member otherwise
        existing at law or in equity, are agreed to replace such other duties and
        liabilities of such Member.

      

      (ii) Whenever
        in this Agreement the Member is permitted or required to
        make a
        decision (a) in its “discretion” or under a grant of similar authority or
        latitude, the Member
        shall be entitled to consider only such interests and factors as it desires,
        including its own
        interests, and shall have no duty or obligation to give any consideration
        to any
        interest of or factors
        affecting the Company or any other Person, or (b) in its “good faith” or under
        another express

       

      
        
           

        

        
          7

          
            

          

        

        
           

        

      

       

      standard,
        the Member shall act under such express standard and shall not be subject
        to
any
        other
        or different standard imposed by this Agreement or other applicable
        law.

      

      16.3 Indemnification. To
        the
        fullest extent permitted by applicable law, the Member
        (irrespective of the capacity in which it acts) shall be entitled to
        indemnification from the
        Company for any loss, damage or claim incurred by the Member by reason of
        any
        act or omission
        (whether or not constituting negligence or gross negligence) performed or
        omitted by him
        on
        behalf of the Company; provided, however, that
        any
        indemnity under this Section 16.3 shall
        be
        provided out of and to the extent of Company assets only, and neither the
        Member
        nor any
        other
        person shall have any personal liability on account thereof.

      

      16.4 Expenses. To
        the
        fullest extent permitted by applicable law, expenses (including
        legal fees) incurred by the Member in defending any claim, demand, action,
        suit
        or proceeding
        shall, from time to time, be advanced by the Company prior to the final
        disposition of such claim, demand, action, suit or proceeding.

      

      16.5 Insurance. The
        Company may purchase and maintain insurance, to the extent
        and in such amounts as the Managing Member shall, in its sole discretion,
        deem
reasonable,
        on behalf of Covered Persons and such other persons or entities as the Managing
        Member
        shall determine, against any liability that may be asserted against or expenses
        that may be
        incurred by any such person or entity in connection with the activities of
        the
        Company or such indemnities,
        regardless of whether the Company would have the power to indemnify such
        person
or
        entity
        against such liability under the provisions of this Agreement.

      

      16.6 Other. The
        Managing Member and the Company may enter into indemnity
        contracts with any other persons granting such persons rights of indemnification
        and may
        adopt
        written procedures pursuant to which arrangements are made for the advancement
        of expenses
        and the funding of obligations under this Section 16 and containing such
        other
procedures
        regarding indemnification all as the Managing Member determines in its sole
        discretion.

      

      17. Outside
        Business. The
        Member or any Affiliate thereof may engage in or possess an
        interest in any business venture of any nature or description, independently
        or
        with others, similar or dissimilar to the business of the Company, and the
        Company and the Member shall have
        no
        rights by virtue of this Agreement in and to such independent ventures or
        the
        income or profits
        derived therefrom, and the pursuit of any such venture, even if competitive
        with
        the business of the Company, shall not be deemed wrongful or improper.
The
        Member or any Affiliate
        thereof shall not be obligated to present any particular investment opportunity
        to the Company even if such opportunity is of a character that, if presented
        to
        the Company, could be taken
        by
        the Company, and the Member or Affiliate thereof shall have the right to
        take
        for its own
        account (individually or as a partner, shareholder, fiduciary or otherwise)
        or
        to recommend to
        others
        any such particular investment opportunity.

      
 

      
        
           

        

        
          8

          
            

          

        

        
           

        

      

      18. Amendment. This
        Agreement may be amended or modified only by a written instrument
        signed by the Member.

      

      19. Governing
        Law. This
        Agreement shall be governed by, and construed under, the laws
        of
        the State of Delaware, without regard to the rules of conflict of laws thereof
        or of any other
        jurisdiction that would call for the application of the substantive laws
        of a
        jurisdiction other than the State of Delaware.

      

      20. Miscellaneous. Throughout
        this Agreement, nouns, pronouns and verbs shall be construed as masculine,
        feminine, neuter, singular or plural, whichever shall be applicable. All
        references
        to “Sections” and “Clauses” shall refer to corresponding provisions of this
Agreement.
        The
        use
        of the word “including” or any similar term shall be deemed to mean “including,
        without limitation.” Any reference in this Agreement to any law, rule or
        regulation shall
        be
        construed as reference to such law, rule or regulation as the same may have
        been, or may from
        time
        to time be, amended, revised or reenacted and any successor thereto. The
        headings of sections
        in this Agreement are intended for reference purposes only and shall be given
        no
substantive
        meaning or any interpretive force.

       

       

      9

    

    
      
        
           

        

        
           

          
            

          

        

        
           

        

      

      
         

      

      
        IN
          WITNESS WHEREOF, the undersigned has duly executed this Limited Liability
          Company
          Agreement as of the 17th day
          of
          May, 2005.

        

        HURON
          CONSULTING GROUP INC., Member

        

        

        

        By:
          /s/
          James K. Rojas

        Name:
          James
          K. Rojas

        Title:
          VP
          Corporate Development

        

        The
          Company hereby executes this Agreement for the purposes of becoming a party
          hereto
          and agreeing to perform its obligations and duties hereunder and being
          entitled
          to enjoy its rights and benefits hereunder.

        

        SPELTZ
          & WEIS LLC

        

        

        By:
          Huron
          Consulting Group Inc., 

        as
          Managing Member

        

        

        

        By:
          /s/
          James K. Rojas

        Name:
          James
          K. Rojas

        Title:
          VP
          Corporate DevelopmentExhibit 10.31

    EXHIBIT
      10.31

    

     

    

      JOINDER
        AGREEMENT

      

      This
        JOINDER AGREEMENT (the "Agreement") dated as of May 17, 2005, is executed
        by and
        among HURON CONSULTING GROUP INC., a Delaware corporation (sometimes referred
        to
        herein as "Parent Borrower"), and HURON CONSULTING SERVICES LLC, a Delaware
        limited liability company f/k/a Huron Consulting Group LLC, each of whose
        address is 550 W. Van Buren Street, Chicago, Illinois 60607 (each of the
        foregoing two corporations are jointly, severally and collectively referred
        to
        in this Agreement as the "Borrower"), Speltz & Weis LLC, a Delaware limited
        liability company whose address is 550 W. Van Buren Street, Chicago, Illinois
        60607 (hereinafter "Subsidiary"), and LASALLE BANK NATIONAL ASSOCIATION,
        a
        national banking association (the "Bank"), whose address is 135 South LaSalle
        Street, Chicago, Illinois 60603.

      

      RECITALS:

      

       

      A. Original
        Borrower and Bank entered into that certain Amended and Restated Loan and
        Security Agreement (the "Loan Agreement") dated February 10, 2005, pursuant
        to
        which the Bank agreed to provide to Borrower a one (1) year secured revolving
        line of credit loan in the principal amount not to exceed at any time the
        sum of
        Twenty-Five Million and No/100 Dollars ($25,000,000.00). Terms used in this
        Agreement and not otherwise defined shall have the meanings given to them
        in the
        Loan Agreement.

       

      

      B. Parent
        Borrower has acquired Subsidiary and pursuant to Section 8.3(i) of the Loan
        Agreement, Subsidiary is required to enter into a joinder agreement pursuant
        to
        which Subsidiary becomes a party to the Loan Agreement, as a joint and several
        borrower under the Loan Agreement and pledges its assets to secure the
        Obligations, providing Bank with a senior security interest in such
        assets.

      

      NOW,
        THEREFORE, in consideration of the foregoing Recitals, the mutual covenants
        and
        agreements hereinafter set forth, and other good and valuable consideration,
        the
        receipt and sufficiency of which are hereby acknowledged, the parties hereby
        agree as follows: 

      

      1. Recitals.
        The
        Recitals set forth above attached hereto are true and correct and are
        incorporated into this Amendment by this reference as if they were fully
        set
        forth herein.

       

      2. Loan
        Agreement, Revolving Note, and Pledge of Assets.
        The
        parties hereby acknowledge and agree that Subsidiary: (a) is hereby added
        as a
        party to the Loan Agreement and the Revolving Note executed pursuant to the
        Loan
        Agreement, (b) is hereby deemed to be a Borrower under such Loan Agreement,
        Revolving Note and the other Loan Documents, and all references to the
        "Borrower" therein shall include Subsidiary; and (c) Subsidiary hereby agrees
        to
        be bound by, and hereby confirms, the terms and conditions of the Loan
        Agreement, the Revolving Note and the other Loan Documents, including but
        not
        limited to the granting to Bank of a senior security interest in the
        Subsidiary's assets, and the Revolving Note delivered pursuant to the Loan
        Agreement. As security for the payment of the Obligations, Subsidiary confirms
        that it does hereby pledge, assign, transfer and deliver to the Bank and
        does
        hereby grant to the Bank a continuing and unconditional security interest
        in and
        to any and all property of such Subsidiary, of any kind or description, tangible
        or intangible, whether now existing or hereafter arising or acquired, including,
        but not limited to, the property specifically defined as "Collateral" under
        Sections 6.1(a) and (b) of the Loan Agreement, and agrees that all of such
        property of Subsidiary shall be included within the definition of "Collateral"
        under the Loan Agreement, and hereby irrevocably authorizes Bank to execute
        and
        file any and all financing statements and other documents deemed necessary
        or
        desirable by Bank to perfect such security interest. Subsidiary hereby agrees
        to
        execute and deliver to Bank a Fourth Amended and Restated Secured Revolving
        Line
        of Credit Note, in form and substance satisfactory to Bank, evidencing such
        joinder.

      

      3. Notices.
        Subsidiary hereby agrees that addresses for any and all notices given to
        it in
        connection with this Agreement and Loan Agreement shall be all notices shall
        be
        given to it at the address of the Borrower set forth in Notices provision
        of the
        Loan Agreement and in the manner set forth in this Agreement.

      

      4. Reaffirmation
        of Obligations.
        Borrower (i) reaffirms all of its obligations under the Loan Documents to
        which
        it is a party, (ii) acknowledges that it has no claims, offsets, or defenses
        with respect to the payment of sums due under the Loan Agreement or any other
        Loan Document, (iii) acknowledges and consents to the modifications required
        pursuant to this Agreement, and (iv) acknowledges that, except as otherwise
        provided herein, each of the other Loan Documents is hereby ratified and
        confirmed and remains in full force and effect.

      

      5. Reaffirmation
        of Warranties and Representations.
        Borrower hereby represents and warrants to Bank that after giving effect
        to this
        Agreement (a) all representations and warranties contained in the Loan Documents
        are true and correct as of the date hereof as if made on the date hereof
        except
        to the extent such representation or warranty expressly relates to an earlier
        date, (b) as of the date hereof Borrower is in full compliance with the
        covenants contained in each of the Loan Documents, except for any covenant
        violation heretofore expressly waived by the Bank in writing, and (c) as
        of the
        date hereof there exists no Event of Default or any condition that, with
        the
        giving of notice or lapse of time or both, would constitute an Event of Default
        under any of the Loan Documents, except for any defaults heretofore expressly
        waived by the Bank in writing.

      

      6. Miscellaneous.

      

      (a) Governing
        Law.
        The
        performance and interpretation of this Agreement shall be governed by the
        laws
        of the State of Illinois (without regard to its conflict of laws provisions).
        

      

      (b) Entire
        Agreement.
        This
        Agreement constitutes the entire understanding and agreement among the parties
        hereto with respect to the subject matter hereof. This Agreement is deemed
        to
        have been drafted jointly by all parties hereto, and any uncertainty or
        ambiguity shall not be construed for or against either party as an attribution
        of drafting to either party. 

      

      (c) Counterparts.
        This
        Agreement may be executed in any one or more counterparts, each of which
        shall
        constitute an original, and all of which, when taken together, shall constitute
        but one and the same instrument. Facsimile signature pages of this Agreement
        shall be valid and binding as original signatures and shall be considered
        an
        agreement of the respective parties to fully execute and deliver originally
        signed copies of this Agreement. 

      

      (d) Severability.
        If any
        provision of this Agreement be deemed to be invalid or unenforceable, in
        whole
        or in part, such invalidity or unenforceability shall not be deemed to affect
        or
        impair the validity of enforceability of any other provision of this Agreement,
        and each and every section, paragraph and provision of this Agreement is
        hereby
        declared to be separable from each and every other section, paragraph and
        provision hereof, and to constitute separate and distinct covenants.

      

      (e) Binding
        Effect.
        This
        Agreement shall be binding upon the parties hereto and their respective heirs,
        executors, administrators, successors and assigns, provided that neither
        Borrower nor Subsidiary shall assign any of their respective rights or
        obligations hereunder without the written consent of Bank.

      

      

      [signature
        page follows]

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

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

      

      
        	
                 

                 

                 

                 

                ATTEST:

                 

                By:
                  /s/
                  Lisa P. Robison   

                Name:
                  Lisa
                  P. Robison   

                Title:
                  Director
                  of Finance   

              	
                ORIGINAL
                  BORROWER:

                 

                HURON
                  CONSULTING GROUP INC.,
                  a

                Delaware
                  corporation

                 

                 

                By:
                  /s/
                  James K. Rojas   

                Name:
                  James K. Rojas 

                Title:
                  VP of Corporate Development

              
	
                 

                 

                 

                 

                ATTEST:

                 

                By:
                  /s/
                  Lisa P. Robison   

                Name:
                  Lisa
                  P. Robison   

                Title:
                  Director
                  of Finance   

              	
                 

                HURON
                  CONSULTING SERVICES LLC,
                  a

                Delaware
                  limited liability company

                 

                 

                 

                By:
                  /s/
                  James K. Rojas   

                Name:
                  James K. Rojas

                Its:
                  VP of Corporate Development

                 

              
	
                 

                 

                ATTEST:

                 

                By:
                  /s/
                  Lisa P. Robison   

                Name:
                  Lisa
                  P. Robison   

                Title:
                  Director
                  of Finance   

              	
                SUBSIDIARY:

                 

                SPELTZ
                  & WEIS LLC

                By:
                  Huron Consulting Group Inc., its manager

                 

                By:
                  /s/
                  James K. Rojas   

                Name:
                  James K. Rojas 

                Its:
                  VP of Corporate Development

              

      

      

      Agreed
        and accepted:

       

      LASALLE
        BANK NATIONAL ASSOCIATION

      a
        national banking association

      

      By:
        /s/
        David Bacon    

      Name:
        David
        Bacon   

      Title:
        VP

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}]]