Document:

exv10w19

Exhibit 10.19

 

 

Published CUSIP Number: 41457QAA2

CREDIT AGREEMENT

Dated as of June 30, 2008

among

HARRIS STRATEX NETWORKS, INC.

HARRIS STRATEX NETWORKS OPERATING CORPORATION,

HARRIS STRATEX NETWORKS (S) PTE. LTD.

as the Borrowers,

BANK OF AMERICA, N.A.,

as Administrative Agent, Swing Line Lender

and

L/C Issuer,

SILICON VALLEY BANK,

as Lender and L/C Issuer,

BANC OF AMERICA SECURITIES ASIA LIMITED,

as Singapore Loan Agent

and

The Other Lenders Party Hereto

BANC OF AMERICA SECURITIES LLC and

SILICON VALLEY BANK,

as

Joint Lead Arrangers and Book Managers

 

 

 

 

TABLE OF CONTENTS

	 	 	 	 	 	 	 
	Section	 	 	 	Page
	 
	 	 	 	 	 	 
	ARTICLE I.
	 	DEFINITIONS AND ACCOUNTING TERMS	 	 	1	 
	1.01
	 	Defined Terms	 	 	1	 
	1.02
	 	Other Interpretive Provisions	 	 	20	 
	1.03
	 	Accounting Terms	 	 	21	 
	1.04
	 	Rounding	 	 	22	 
	1.05
	 	Exchange Rates; Currency Equivalents	 	 	22	 
	1.06
	 	Additional Alternative Currencies	 	 	22	 
	1.07
	 	Change of Currency	 	 	23	 
	1.08
	 	Times of Day	 	 	23	 
	1.09
	 	Letter of Credit Amounts	 	 	23	 
	 
	 	 	 	 	 	 
	ARTICLE II.
	 	THE COMMITMENTS AND CREDIT EXTENSIONS	 	 	23	 
	2.01
	 	Committed Loans	 	 	23	 
	2.02
	 	Borrowings, Conversions and Continuations of Committed Loans	 	 	24	 
	2.03
	 	Letters of Credit	 	 	26	 
	2.04
	 	Swing Line Loans	 	 	34	 
	2.05
	 	Prepayments	 	 	37	 
	2.06
	 	Termination or Reduction of Commitments	 	 	38	 
	2.07
	 	Repayment of Loans	 	 	38	 
	2.08
	 	Interest	 	 	39	 
	2.09
	 	Fees	 	 	39	 
	2.10
	 	Computation of Interest and Fees; Retroactive Adjustments of Applicable Margin	 	 	40	 
	2.11
	 	Evidence of Debt	 	 	41	 
	2.12
	 	Payments Generally; Administrative Agent’s Clawback	 	 	41	 
	2.13
	 	Sharing of Payments by Lenders	 	 	43	 
	2.14
	 	Increase in Commitments	 	 	44	 
	2.15
	 	Designated Borrowers; Relationship Among Borrowers	 	 	45	 
	2.16
	 	Joint and Several Liability of Borrowers	 	 	46	 
	 
	 	 	 	 	 	 
	ARTICLE III.
	 	TAXES, YIELD PROTECTION AND ILLEGALITY	 	 	48	 
	3.01
	 	Taxes	 	 	48	 
	3.02
	 	Illegality	 	 	52	 
	3.03
	 	Inability to Determine Rates	 	 	52	 
	3.04
	 	Increased Costs; Reserves on Eurodollar Rate Loans	 	 	53	 
	3.05
	 	Compensation for Losses	 	 	54	 
	3.06
	 	Mitigation Obligations; Replacement of Lenders	 	 	55	 
	3.07
	 	Survival	 	 	55	 
	 
	 	 	 	 	 	 
	ARTICLE IV.
	 	CONDITIONS PRECEDENT TO CREDIT EXTENSIONS	 	 	55	 
	4.01
	 	Conditions of Initial Credit Extension	 	 	55	 
	4.02
	 	Conditions to all Credit Extensions	 	 	57	 
	 
	 	 	 	 	 	 
	ARTICLE V.
	 	REPRESENTATIONS AND WARRANTIES	 	 	58	 
	5.01
	 	Existence, Qualification and Power	 	 	58	 
	5.02
	 	Authorization; No Contravention	 	 	58	 
	5.03
	 	Governmental Authorization; Other Consents	 	 	58	 
	5.04
	 	Binding Effect	 	 	59	 

i

 

	 	 	 	 	 	 	 
	Section	 	 	 	Page
	 
	5.05
	 	Financial Statements; No Material Adverse Effect	 	 	59	 
	5.06
	 	Litigation	 	 	59	 
	5.07
	 	No Default	 	 	60	 
	5.08
	 	Ownership of Property; Liens	 	 	60	 
	5.09
	 	Environmental Compliance	 	 	60	 
	5.10
	 	Insurance	 	 	60	 
	5.11
	 	Taxes	 	 	60	 
	5.12
	 	ERISA Compliance	 	 	60	 
	5.13
	 	Subsidiaries; Equity Interests	 	 	61	 
	5.14
	 	Margin Regulations; Investment Company Act	 	 	61	 
	5.15
	 	Disclosure	 	 	61	 
	5.16
	 	Compliance with Laws	 	 	62	 
	5.17
	 	Taxpayer Identification Number	 	 	62	 
	5.18
	 	Intellectual Property; Licenses, Etc.	 	 	62	 
	 
	 	 	 	 	 	 
	ARTICLE VI.
	 	AFFIRMATIVE COVENANTS	 	 	62	 
	6.01
	 	Financial Statements	 	 	62	 
	6.02
	 	Certificates; Other Information	 	 	63	 
	6.03
	 	Notices	 	 	65	 
	6.04
	 	Payment of Obligations	 	 	65	 
	6.05
	 	Preservation of Existence, Etc.	 	 	65	 
	6.06
	 	Maintenance of Properties	 	 	65	 
	6.07
	 	Maintenance of Insurance	 	 	66	 
	6.08
	 	Compliance with Laws	 	 	66	 
	6.09
	 	Books and Records	 	 	66	 
	6.10
	 	Inspection Rights	 	 	66	 
	6.11
	 	Use of Proceeds	 	 	66	 
	6.12
	 	Additional Guarantors	 	 	66	 
	 
	 	 	 	 	 	 
	ARTICLE VII.
	 	NEGATIVE COVENANTS	 	 	67	 
	7.01
	 	Liens	 	 	67	 
	7.02
	 	Investments	 	 	68	 
	7.03
	 	Indebtedness	 	 	68	 
	7.04
	 	Fundamental Changes	 	 	70	 
	7.05
	 	Dispositions	 	 	70	 
	7.06
	 	Restricted Payments	 	 	71	 
	7.07
	 	Change in Nature of Business	 	 	71	 
	7.08
	 	Transactions with Affiliates	 	 	71	 
	7.09
	 	Burdensome Agreements	 	 	71	 
	7.10
	 	Use of Proceeds	 	 	72	 
	7.11
	 	Financial Covenants	 	 	72	 
	7.12
	 	Existing Letters of Credit	 	 	72	 
	 
	 	 	 	 	 	 
	ARTICLE VIII.
	 	EVENTS OF DEFAULT AND REMEDIES	 	 	72	 
	8.01
	 	Events of Default	 	 	72	 
	8.02
	 	Remedies Upon Event of Default	 	 	74	 
	8.03
	 	Application of Funds	 	 	75	 
	 
	 	 	 	 	 	 
	ARTICLE IX.
	 	ADMINISTRATIVE AGENT	 	 	76	 
	9.01
	 	Appointment and Authority	 	 	76	 
	9.02
	 	Rights as a Lender	 	 	76	 
	9.03
	 	Exculpatory Provisions	 	 	76	 

ii

 

	 	 	 	 	 	 	 
	Section	 	 	 	Page
	 
	9.04
	 	Reliance by Agent	 	 	77	 
	9.05
	 	Delegation of Duties	 	 	78	 
	9.06
	 	Resignation of Administrative Agent	 	 	78	 
	9.07
	 	NonReliance on Agent and Other Lenders	 	 	79	 
	9.08
	 	No Other Duties, Etc.	 	 	79	 
	9.09
	 	Administrative Agent May File Proofs of Claim	 	 	79	 
	9.10
	 	Guaranty Matters	 	 	80	 
	 
	 	 	 	 	 	 
	ARTICLE X.
	 	MISCELLANEOUS	 	 	81	 
	10.01
	 	Amendments, Etc.	 	 	81	 
	10.02
	 	Notices; Effectiveness; Electronic Communication	 	 	82	 
	10.03
	 	No Waiver; Cumulative Remedies; Enforcement	 	 	84	 
	10.04
	 	Expenses; Indemnity; Damage Waiver	 	 	85	 
	10.05
	 	Payments Set Aside	 	 	87	 
	10.06
	 	Successors and Assigns	 	 	87	 
	10.07
	 	Treatment of Certain Information; Confidentiality	 	 	91	 
	10.08
	 	Right of Setoff	 	 	92	 
	10.09
	 	Interest Rate Limitation	 	 	92	 
	10.10
	 	Counterparts; Integration; Effectiveness	 	 	92	 
	10.11
	 	Survival of Representations and Warranties	 	 	93	 
	10.12
	 	Severability	 	 	93	 
	10.13
	 	Replacement of Lenders	 	 	93	 
	10.14
	 	Governing Law; Jurisdiction; Etc.	 	 	94	 
	10.15
	 	Waiver of Jury Trial	 	 	95	 
	10.16
	 	No Advisory or Fiduciary Responsibility	 	 	95	 
	10.17
	 	Electronic Execution of Assignments and Certain Other Documents	 	 	96	 
	10.18
	 	USA PATRIOT Act	 	 	96	 
	 
	 	 	 	 	 	 
	SIGNATURES
	 	 	 	 	S-1	 

iii

 

	 	 	 	 	 	 	 
	SCHEDULES	 	 	 	 	 	 
	 
	 	 
	2.01

	 	Commitments and Applicable Percentages
	2.02

	 	Existing Letters of Credit
	5.05

	 	Supplement to Interim Financial Statements
	5.06

	 	Litigation
	5.09

	 	Environmental Matters
	5.13

	 	Subsidiaries; Other Equity Investments
	5.17

	 	Taxpayer Identification Numbers
	5.18

	 	Intellectual Property Matters
	7.01

	 	Existing Liens
	7.03

	 	Existing Indebtedness
	10.02

	 	Administrative Agent’s Office; Certain Addresses for Notices

	 	 	 	 	 	 	 
	EXHIBITS	 	 	 	 	 	 
	 
	 	 
	Exhibit A

	 	Form of Committed Loan Notice
	Exhibit B

	 	Form of Swing Line Loan Notice
	Exhibit C-1

	 	Form of Note of Domestic Borrowers
	Exhibit C-2

	 	Form of Note of Singapore Borrowers
	Exhibit D

	 	Form of Compliance Certificate
	Exhibit E-1

	 	Form of Assignment and Assumption
	Exhibit E-2

	 	Form of Administrative Questionnaire
	Exhibit F

	 	Form of Guaranty
	Exhibit G

	 	Opinion Matters
	Exhibit H

	 	Form of Designated Borrower Request and Assumption Agreement
	Exhibit I

	 	Form of Designated Borrower Notice

iv

 

CREDIT AGREEMENT

     This CREDIT AGREEMENT (“Agreement”) is entered into as of June 30, 2008, among HARRIS
STRATEX NETWORKS, INC. a Delaware corporation (the “Parent”), HARRIS STRATEX NETWORKS
OPERATING CORPORATION, a Delaware corporation (“Opco”), HARRIS STRATEX NETWORKS (S) PTE
LTD. (Company Registration Number: 199901592C), a limited liability company organized under the
laws of Singapore (“Harris Singapore”), certain subsidiaries of Parent party hereto
pursuant to Section 2.15 (each, a “Designated Borrower” and, together with Parent, Opco and
Harris Singapore, the “Borrowers”, and each, a “Borrower”), each lender from time
to time party hereto (collectively, the “Lenders” and individually, a “Lender”),
SILICON VALLEY BANK, as a Swing Line Lender and an L/C Issuer, BANK OF AMERICA, N.A., as
Administrative Agent, a Swing Line Lender and an L/C Issuer, and BANC OF AMERICA SECURITIES ASIA
LIMITED, as Singapore Loan Agent.

     The Borrowers have requested that the Lenders provide a revolving credit facility, and the
Lenders are willing to do so on the terms and conditions set forth herein.

     In consideration of the mutual covenants and agreements herein contained, the parties hereto
covenant and agree as follows:

ARTICLE I.

DEFINITIONS AND ACCOUNTING TERMS

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

     “Accounts” means all present and future “accounts” as defined in the Uniform
Commercial Code in effect in New York on the date hereof with such additions to such term as may
hereafter be made, and includes without limitation all trade accounts receivable.

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

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

     “Administrative Questionnaire” means an Administrative Questionnaire in substantially
the form of Exhibit E-2 or any other form approved by the Administrative Agent.

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

     “Agent” means either of the Administrative Agent or Singapore Loan Agent, and
“Agents” means both of them.

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

1

 

     “Agreement” means this Credit Agreement.

     “Alternative Currency” means the Euro, British Pound Sterling, Thai Baht, New Zealand
Dollar, Indian Rupee, Malaysian Ringgit, Philippine Peso, Polish Zloty, and each other currency
(other than Dollars) that is approved in accordance with Section 1.06.

     “Alternative Currency Equivalent” means, at any time, with respect to any amount
denominated in Dollars, the equivalent amount thereof in the applicable Alternative Currency as
determined by the Administrative Agent or the L/C Issuer, as the case may be, at such time on the
basis of the Spot Rate (determined in respect of the most recent Revaluation Date) for the purchase
of such Alternative Currency with Dollars.

     “Applicable Margin” means the following percentages per annum, based upon the
Consolidated Leverage Ratio as set forth in the most recent Compliance Certificate received by the
Administrative Agent pursuant to Section 6.02(b):

     Applicable Margin

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Eurodollar Rate	 	 
	 	 	 	 	 	 	 	 	Loans	 	 
	Pricing Level	 	Consolidated Leverage Ratio	 	Commitment Fee	 	Letters of Credit	 	Base Rate Loans
	1

	 	£1.00:1
	 	 	.250	%	 	 	1.25	%	 	 	0.00	%
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2

	 	>1.00:1 but £2.00:1
	 	 	.250	%	 	 	1.50	%	 	 	0.00	%
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	3

	 	>2.00:1 but £2.75:1
	 	 	.375	%	 	 	1.75	%	 	 	0.00	%
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	4

	 	>2.75:1
	 	 	.500	%	 	 	2.00	%	 	 	0.00	%

Any increase or decrease in the Applicable Margin resulting from a change in the Consolidated
Leverage Ratio shall become effective as of the first Business Day immediately following the date a
Compliance Certificate is delivered pursuant to Section 6.02(b); provided,
however, that if a Compliance Certificate is not delivered when due in accordance with such
Section, then, upon the request of the Required Lenders, Pricing Level 4 shall apply as of the
first Business Day after the date on which such Compliance Certificate was required to have been
delivered and shall remain in effect until the date on which such Compliance Certificate is
delivered. The Applicable Margin in effect from the Closing Date through the date of receipt of
Parent’s consolidated financial statements for the fiscal quarter ending March 28, 2008, shall be
determined based upon Pricing Level 1.

Notwithstanding anything to the contrary contained in this definition, the determination of the
Applicable Margin for any period shall be subject to the provisions of Section 2.10(b).

2

 

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

     “Applicable Time” means, with respect to any borrowings and payments in any
Alternative Currency, the local time in the place of settlement for such Alternative Currency as
may be determined by the Administrative Agent or the L/C Issuer, as the case may be, to be
necessary for timely settlement on the relevant date in accordance with normal banking procedures
in the place of payment.

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

     “Arranger” means Banc of America Securities LLC and Silicon Valley Bank, in their
capacities as lead arrangers and book managers.

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

     “Assignment and Assumption” means an assignment and assumption entered into by a
Lender and an assignee (with the consent of any party whose consent is required by Section
10.06(b)), and accepted by the Administrative Agent, in substantially the form of Exhibit
E-1 or any other form approved by the Administrative Agent.

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

     “Audited Financial Statements” means the audited consolidated balance sheet of the
Parent and its Subsidiaries for the fiscal year ended June 29, 2007, and the related consolidated
statements of income or operations, shareholders’ equity and cash flows for such fiscal year of the
Parent and its Subsidiaries, including the notes thereto.

     “Availability Period” means the period from and including the Closing Date to the
earliest of (a) the Maturity Date, (b) the date of termination of the Aggregate Commitments
pursuant to Section 2.06, and (c) the date of termination of the commitment of each Lender
to

3

 

make Loans and of the obligation of the L/C Issuer to make L/C Credit Extensions pursuant to
Section 8.02.

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

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

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

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

     “Borrower” and “Borrowers” have the meaning specified in the introductory
paragraph hereto.

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

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

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

     “Cash Collateralize” has the meaning specified in Section 2.03(g).

     “Change in Law” means the occurrence, after the date of this Agreement, of any of the
following: (a) the adoption or taking effect of any law, rule, regulation or treaty, (b) any change
in any law, rule, regulation or treaty or in the administration, interpretation or application
thereof by any Governmental Authority or (c) the making or issuance of any request, guideline or
directive (whether or not having the force of law) by any Governmental Authority.

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

     (a) any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the
Securities Exchange Act of 1934, but excluding any employee benefit plan of such person or
its subsidiaries, and any person or entity acting in its capacity as trustee, agent or other
fiduciary or administrator of any such plan) becomes the “beneficial

4

 

owner” (as defined in Rules 13d-3 and 13d-5 under the Securities Exchange Act of 1934,
except that a person or group shall be deemed to have “beneficial ownership” of all
securities that such person or group has the right to acquire, whether such right is
exercisable immediately or only after the passage of time (such right, an “option
right”)), directly or indirectly, of 25% or more of the equity securities of Parent
entitled to vote for members of the board of directors or equivalent governing body of
Parent on a fully-diluted basis (and taking into account all such securities that such
person or group has the right to acquire pursuant to any option right);

     (b) during any period of 24 consecutive months, a majority of the members of the board
of directors or other equivalent governing body of Parent cease to be composed of
individuals (i) who were members of that board or equivalent governing body on the first day
of such period, (ii) whose election or nomination to that board or equivalent governing body
was approved by individuals referred to in clause (i) above constituting at the time of such
election or nomination at least a majority of that board or equivalent governing body or
(iii) whose election or nomination to that board or other equivalent governing body was
approved by individuals referred to in clauses (i) and (ii) above constituting at the time
of such election or nomination at least a majority of that board or equivalent governing
body (excluding, in the case of both clause (ii) and clause (iii), any individual whose
initial nomination for, or assumption of office as, a member of that board or equivalent
governing body occurs as a result of an actual or threatened solicitation of proxies or
consents for the election or removal of one or more directors by any person or group other
than a solicitation for the election of one or more directors by or on behalf of the board
of directors); or

     (c) any Person or two or more Persons acting in concert shall have acquired by contract
or otherwise, or shall have entered into a contract or arrangement that, upon consummation
thereof, will result in its or their acquisition of the power to exercise, directly or
indirectly, a controlling influence over the management or policies of Parent, or control
over the equity securities of Parent entitled to vote for members of the board of directors
or equivalent governing body of Parent on a fully-diluted basis (and taking into account all
such securities that such Person or group has the right to acquire pursuant to any option
right) representing 25% or more of the combined voting power of such securities.

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

     “Code” means the Internal Revenue Code of 1986.

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

5

 

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

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

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

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

     “Consolidated EBITDA” means, for any period, for the Parent and its Subsidiaries on a
consolidated basis, an amount equal to Consolidated Net Income for such period plus (a) the
following to the extent deducted in calculating such Consolidated Net Income: (i) Consolidated
Interest Charges for such period, (ii) the provision for Federal, state, local and foreign income
taxes payable by the Parent and its Subsidiaries for such period, (iii) depreciation and
amortization expense, (iv) non-cash restructuring charges, and such other cash restructuring
charges as agreed by the Administrative Agent in writing, (v) non-cash stock-based compensation
expense, and (vi) other non-recurring expenses of the Parent and its Subsidiaries reducing such
Consolidated Net Income which do not represent a cash item in such period or any future period and
minus (b) the following to the extent included in calculating such Consolidated Net Income:
(i) Federal, state, local and foreign income tax credits of the Parent and its Subsidiaries for
such period and (ii) all non-cash items increasing Consolidated Net Income for such period.

     “Consolidated Funded Indebtedness” means, as of any date of determination, for the
Parent and its Subsidiaries on a consolidated basis, the sum of (a) the outstanding principal
amount of all obligations, whether current or long-term, for borrowed money (including borrowings
hereunder) and all debt obligations evidenced by bonds, debentures, notes, loan agreements or other
similar instruments, (b) all purchase money Indebtedness, (c) all direct, non-contingent
obligations arising under drawn letters of credit (including standby and commercial), bankers’
acceptances, bank guaranties, surety bonds and similar instruments, (d) all obligations in respect
of the deferred purchase price of property or services (other than trade accounts payable in the
ordinary course of business), (e) Attributable Indebtedness in respect of capital leases and
Synthetic Lease Obligations, and (f) all Indebtedness of the types referred to in clauses (a)
through (e) above of any partnership or joint venture (other than a joint venture that is itself a
corporation or limited liability company) in which a Borrower or a Subsidiary is a general partner
or joint venturer, unless such Indebtedness is expressly made non-recourse to such
Borrower or such Subsidiary; in each case minus any cash collateral posted for any of the
foregoing.

     “Consolidated Interest Charges” means, for any period, for the Parent and its
Subsidiaries on a consolidated basis, the sum of (a) all interest, premium payments, debt discount,
fees, charges and related expenses of the Parent and its Subsidiaries in connection with borrowed
money (including capitalized interest) or in connection with the deferred purchase price of assets,

6

 

in each case to the extent treated as interest in accordance with GAAP, and (b) the portion of rent
expense of the Parent and its Subsidiaries with respect to such period under capital leases that is
treated as interest in accordance with GAAP.

     “Consolidated Leverage Ratio” means, as of any date of determination, the ratio of (a)
Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA for the period of the
four fiscal quarters most recently ended.

     “Consolidated Net Income” means, for any period, for the Parent and its Subsidiaries
on a consolidated basis, the net income of the Parent and its Subsidiaries (excluding extraordinary
gains and extraordinary losses) for that period.

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

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

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

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

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

     “Default Rate” means (a) when used with respect to Obligations other than Letter of
Credit Fees, an interest rate equal to (i) the Base Rate plus (ii) the Applicable Margin,
if any, applicable to Base Rate Loans plus (iii) 2% per annum; provided,
however, that with respect to a Eurodollar Rate Loan, the Default Rate shall be an interest
rate equal to the interest rate (including any Applicable Margin) otherwise applicable to such Loan
plus 2% per annum, and (b) when used with respect to Letter of Credit Fees, a rate equal to the
Applicable Margin plus 2% per annum, each effective as of the date of an Event of Default.

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

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unless such failure has been cured, or (c) has been deemed insolvent or become the subject of a
bankruptcy or insolvency proceeding.

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

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

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

     “Dollar Equivalent” means, at any time, (a) with respect to any amount denominated in
Dollars, such amount, and (b) with respect to any amount denominated in any Alternative Currency,
the equivalent amount thereof in Dollars as determined by the Administrative Agent or the L/C
Issuer, as the case may be, at such time on the basis of the Spot Rate (determined in respect of
the most recent Revaluation Date) for the purchase of Dollars with such Alternative Currency.

     “Domestic Subsidiary” means any Subsidiary that is organized under the laws of any
political subdivision of the United States.

     “Eligible Assignee” means any Person that meets the requirements to be an assignee
under Section 10.06(b)(iii), (v) and (vi) (subject to such consents, if
any, as may be required under Section 10.06(b)(iii)).

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

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

     “Equity Interests” means, with respect to any Person, all of the shares of capital
stock of (or other ownership or profit interests in) such Person, all of the warrants, options or
other rights for the purchase or acquisition from such Person of shares of capital stock of (or
other ownership or profit interests in) such Person, all of the securities convertible into or
exchangeable for shares of capital stock of (or other ownership or profit interests in) such Person
or warrants, rights or options for the purchase or acquisition from such Person of such shares (or
such other interests),

8

 

and all of the other ownership or profit interests in such Person (including partnership, member or
trust interests therein), whether voting or nonvoting, and whether or not such shares, warrants,
options, rights or other interests are outstanding on any date of determination.

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

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

     “ERISA Event” means (a) a Reportable Event with respect to a Pension Plan; (b) a
withdrawal by any Borrower or any ERISA Affiliate from a Pension Plan subject to Section 4063 of
ERISA during a plan year in which it was a substantial employer (as defined in Section 4001(a)(2)
of ERISA) or a cessation of operations that is treated as such a withdrawal under Section 4062(e)
of ERISA; (c) a complete or partial withdrawal by any Borrower or any ERISA Affiliate from a
Multiemployer Plan or notification that a Multiemployer Plan is in reorganization; (d) the filing
of a notice of intent to terminate, the treatment of a Plan amendment as a termination under
Section 4041 or 4041A of ERISA, or the commencement of proceedings by the PBGC to terminate a
Pension Plan or Multiemployer Plan; (e) an event or condition which constitutes grounds under
Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any
Pension Plan or Multiemployer Plan; or (f) the imposition of any liability under Title IV of ERISA,
other than for PBGC premiums due but not delinquent under Section 4007 of ERISA, upon any Borrower
or any ERISA Affiliate.

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

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

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

     “Excluded Taxes” means, with respect to the Administrative Agent, any Lender, the L/C
Issuer or any other recipient of any payment to be made by or on account of any obligation of the

9

 

Borrowers hereunder, (a) taxes imposed on or measured by its overall net income (however
denominated), and franchise taxes imposed on it (in lieu of net income taxes), by the jurisdiction
(or any political subdivision thereof) under the Laws of which such recipient is organized or in
which its principal office is located or, in the case of any Lender, in which its applicable
Lending Office is located, (b) any branch profits taxes imposed by the United States or any similar
tax imposed by any other jurisdiction in which a Borrower is located, (c) any backup withholding
tax that is required by the Code to be withheld from amounts payable to a Lender that has failed to
comply with clause (A) of Section 3.01(e)(ii), and (d) in the case of a Foreign Lender
(other than an assignee pursuant to a request by the Borrowers under Section 10.13), any
United States withholding tax that (i) is required to be imposed on amounts payable to such Foreign
Lender pursuant to the Laws in force at the time such Foreign Lender becomes a party hereto (or
designates a new Lending Office) or (ii) is attributable to such Foreign Lender’s failure or
inability (other than as a result of a Change in Law) to comply with clause (B) of Section
3.01(e)(ii), except to the extent that such Foreign Lender (or its assignor, if any) was
entitled, at the time of designation of a new Lending Office (or assignment), to receive additional
amounts from the Borrowers with respect to such withholding tax pursuant to Section 3.01(a)(ii)
or (iii). Notwithstanding anything to the contrary contained in this definition, “Excluded
Taxes” shall not include any withholding tax imposed at any time on payments made by or on behalf
of a Foreign Obligor to any Lender hereunder or under any other Loan Document, provided
that such Lender shall have complied with Section 3.01(e)(i).

     “Existing Credit Agreement” means that certain Amended and Restated Loan and Security
Agreement dated as of January 21, 2004, between Opco and Silicon Valley Bank.

     “Existing Letter[s] of Credit” means those letters of credit issued by Silicon Valley
Bank on behalf of Borrowers and listed on Schedule 2.02 hereto.

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

     “Fee Letter” means the letter agreement, dated February 25, 2008, as amended and
restated by letter agreement dated May 23, 2008, among the Parent, the Administrative Agent and the
Arrangers.

     “Foreign Lender” means any Lender that is organized under the Laws of a jurisdiction
other than that in which a Borrower is resident for tax purposes (including such a Lender when
acting in the capacity of the L/C Issuer). For purposes of this definition, the United States,
each State thereof and the District of Columbia shall be deemed to constitute a single
jurisdiction.

10

 

     “Foreign Obligor” means a Loan Party that not a Domestic Subsidiary.

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

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

     “GAAP” means generally accepted accounting principles in the United States set forth
in the opinions and pronouncements of the Accounting Principles Board and the American Institute of
Certified Public Accountants and statements and pronouncements of the Financial Accounting
Standards Board or such other principles as may be approved by a significant segment of the
accounting profession in the United States, that are applicable to the circumstances as of the date
of determination, consistently applied.

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

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

     “Guarantors” means, collectively, all existing and future direct and indirect Material
Subsidiaries of the Borrowers (other than the Borrowers).

11

 

     “Guaranty” means the Guaranty made by the Guarantors in favor of the Administrative
Agent and the Lenders, substantially in the form of Exhibit F.

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

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

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

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

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

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

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

     (f) capital leases and Synthetic Lease Obligations;

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

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

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

12

 

     “Indemnified Taxes” means Taxes other than Excluded Taxes.

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

     “Information” has the meaning specified in Section 10.07.

     “Interest Payment Date” means, (a) as to any Loan other than a Base Rate Loan, the
last day of each Interest Period applicable to such Loan and the Maturity Date; provided,
however, that if any Interest Period for a Eurodollar Rate Loan exceeds three months, the
respective dates that fall every three months after the beginning of such Interest Period shall
also be Interest Payment Dates; and (b) as to any Base Rate Loan (including a Swing Line Loan), (i)
the fifth (5th) Business Day following the last Business Day of each March, June, September and
December, and (ii) the Maturity Date.

     “Interest Period” means, as to each Eurodollar Rate Loan, the period commencing on the
date such Eurodollar Rate Loan is disbursed or converted to or continued as a Eurodollar Rate Loan
and ending on the date one, two, three, six or twelve months thereafter, as selected by the
relevant Borrower(s) in its Committed Loan Notice; provided that:

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

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

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

     “Investment” means, as to any Person, any direct or indirect acquisition or investment
by such Person, whether by means of (a) the purchase or other acquisition of capital stock or other
securities of another Person, (b) a loan, advance or capital contribution to, Guarantee or
assumption of debt of, or purchase or other acquisition of any other debt or equity participation
or interest in, another Person, including any partnership or joint venture interest in such other
Person and any arrangement pursuant to which the investor Guarantees Indebtedness of such other
Person, or (c) the purchase or other acquisition (in one transaction or a series of
transactions) of assets of another Person that constitute a business unit. For purposes of
covenant compliance, the amount of any Investment shall be the amount actually invested, without
adjustment for subsequent increases or decreases in the value of such Investment.

     “IP Rights” has the meaning specified in Section 5.18.

     “IRS” means the United States Internal Revenue Service.

13

 

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

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

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

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

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

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

     “L/C Issuer” means Bank of America or Silicon Valley Bank, in each case in its
capacity as issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit
hereunder.

     “L/C Obligations” means, as at any date of determination, the aggregate amount
available to be drawn under all outstanding Letters of Credit plus the aggregate of all
Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available
to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in
accordance with Section 1.05 and Section 1.09, provided, that up to $2,000,000 of
Letters of Credit that have expired by their terms, but have not yet been canceled or returned to
the issuer, and any amount may still be drawn thereunder in accordance with any applicable law, may
be excluded from such computation. For all purposes of this Agreement, if on any date of
determination a Letter of Credit has expired by its terms but any amount may still be drawn
thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be
deemed to be “outstanding” in the amount so remaining available to be drawn.

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

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

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     “Letter of Credit” means any letter of credit issued hereunder. A Letter of Credit
may be a commercial letter of credit or a standby letter of credit. Letters of Credit may be
issued in Dollars or in an Alternative Currency.

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

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

     “Letter of Credit Fee” has the meaning specified in Section 2.03(i).

     “Letter of Credit Sublimit” means an amount equal to $50,000,000. The Letter of
Credit Sublimit is part of, and not in addition to, the Aggregate Commitments.

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

     “Liquidity Coverage Ratio” means, as of any date, calculated for the Parent and its
Subsidiaries on a consolidated basis, (a) the sum of (i) unrestricted cash and cash equivalents
plus (ii) short-term and long-term marketable securities plus (iii) fifty percent (50%) of
Accounts, divided by (b) the aggregate amount of the outstanding Loans and L/C Obligations.

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

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

     “Loan Parties” means, collectively, each Borrower and each Guarantor.

     “Material Adverse Effect” means (a) a material adverse change in, or a material
adverse effect upon, the operations, business, properties, liabilities (actual or contingent),
condition (financial or otherwise) or prospects of the Borrowers and their Subsidiaries taken as a
whole; (b) a material impairment of the rights and remedies of the Administrative Agent or any
Lender under any Loan Document; (c) a material impairment of the ability of any Loan Party to
perform its obligations under any Loan Document to which it is a party; or (d) a material adverse
effect upon the legality, validity, binding effect or enforceability against any Loan Party of any
Loan Document to which it is a party.

     “Material Subsidiary” means any Domestic Subsidiary having at any time on a
stand-alone basis assets in excess of 10% of the Parent’s consolidated assets or 10% of the
Parent’s consolidated gross revenues.

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     “Maturity Date” means June 29, 2011; provided, however, that if such
date is not a Business Day, the Maturity Date shall be the next preceding Business Day.

     “Multiemployer Plan” means any employee benefit plan of the type described in Section
4001(a)(3) of ERISA, to which any Borrower or any ERISA Affiliate makes or is obligated to make
contributions, or during the preceding five plan years, has made or been obligated to make
contributions.

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

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

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

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

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

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

     “PBGC” means the Pension Benefit Guaranty Corporation.

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

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

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

     “Platform” has the meaning specified in Section 6.02.

     “Public Lender” has the meaning specified in Section 6.02.

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

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

     “Reportable Event” means any of the events set forth in Section 4043(c) of ERISA,
other than events for which the 30 day notice period has been waived.

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

     “Required Lenders” means, as of any date of determination, Lenders having at least 51%
of the Aggregate Commitments or, if the commitment of each Lender to make Loans and the obligation
of the L/C Issuer to make L/C Credit Extensions have been terminated pursuant to Section
8.02, Lenders holding in the aggregate at least 51% of the Total Outstandings (with the
aggregate amount of each Lender’s risk participation and funded participation in L/C Obligations
and Swing Line Loans being deemed “held” by such Lender for purposes of this definition);
provided that the Commitment of, and the portion of the Total Outstandings held or deemed
held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required
Lenders.

     “Responsible Officer” means the chief executive officer, president, chief financial
officer, treasurer, assistant treasurer or controller of a Loan Party and, solely for purposes of
notices given pursuant to Article II, any other officer or employee of the applicable Loan Party so
designated by any of the foregoing officers in a notice to the Administrative Agent. Any document
delivered hereunder that is signed by a Responsible Officer of a Loan Party shall be conclusively
presumed to have been authorized by all necessary corporate, partnership and/or

17

 

other action on the part of such Loan Party and such Responsible Officer shall be conclusively
presumed to have acted on behalf of such Loan Party.

     “Restricted Payment” means any dividend or other distribution (whether in cash,
securities or other property) with respect to any capital stock or other Equity Interest of the
Borrower or any Subsidiary, or any payment (whether in cash, securities or other property),
including any sinking fund or similar deposit, on account of the purchase, redemption, retirement,
acquisition, cancellation or termination of any such capital stock or other Equity Interest, or on
account of any return of capital to a Borrower’s stockholders, partners or members (or the
equivalent Person thereof).

     “Revaluation Date” means with respect to any Letter of Credit, each of the following:
(i) each date of issuance of a Letter of Credit denominated in an Alternative Currency, (ii) each
date of an amendment of any such Letter of Credit having the effect of increasing the amount
thereof (solely with respect to the increased amount), (iii) each date of any payment by the L/C
Issuer under any Letter of Credit denominated in an Alternative Currency, and (iv) such additional
dates as the Administrative Agent or the L/C Issuer shall determine or the Required Lenders shall
require.

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

     “Silicon Valley Bank” means Silicon Valley Bank and its successors.

     “Singapore Lender” means the Lenders designated as Singapore Lenders on Schedule
2.01 hereto.

     “Singapore Loan Agent” means Banc of America Securities Asia Limited, and its
successors.

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

     “Singapore Loans” means Committed Loans made to Harris Singapore under the Singapore
Sublimit.

     “Singapore Sublimit” means an amount equal to the lesser of the Aggregate Commitments
and $25,000,000. The Singapore Sublimit is part of, and not in addition to, the Aggregate
Commitments.

     “Spot Rate” for a currency means the rate determined by the Administrative Agent or
the L/C Issuer, as applicable, to be the rate quoted by the Person acting in such capacity as the
spot rate for the purchase by such Person of such currency with another currency through its
principal foreign exchange trading office at approximately 11:00 a.m. on the date two Business Days
prior to the date as of which the foreign exchange computation is made; provided that the
Administrative Agent or the L/C Issuer may obtain such spot rate from another financial institution
designated by the Administrative Agent or the L/C Issuer if the Person acting in such

18

 

capacity does not have as of the date of determination a spot buying rate for any such
currency; and provided further that the L/C Issuer may use such spot rate quoted on
the date as of which the foreign exchange computation is made in the case of any Letter of Credit
denominated in an Alternative Currency.

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

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

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

     “Swing Line Borrowing” means a borrowing of a Swing Line Loan pursuant to Section
2.04.

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

     “Swing Line Loan” has the meaning specified in Section 2.04(a).

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     “Swing Line Loan Notice” means a notice of a Swing Line Borrowing pursuant to
Section 2.04(b), which, if in writing, shall be substantially in the form of Exhibit
B.

     “Swing Line Sublimit” means an amount equal to the lesser of (a) $5,000,000 and (b)
the Aggregate Commitments. The Swing Line Sublimit is part of, and not in addition to, the
Aggregate Commitments.

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

     “Taxes” means all present or future taxes, levies, imposts, duties, deductions,
withholdings (including backup withholding), assessments, fees or other charges imposed by any
Governmental Authority, including any interest, additions to tax or penalties applicable thereto.

     “Threshold Amount” means $5,000,000.

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

     “Type” means, with respect to a Committed Loan, its character as a Base Rate Loan or a
Eurodollar Rate Loan.

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

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

     “U.S. Borrower” means a Borrower domiciled in the United States.

     “U.S. Lenders” means the Lenders other than the Singapore Lenders.

     “U.S. Loan” means a Loan made to a U.S. Borrower.

     “Unreimbursed Amount” has the meaning specified in Section 2.03(c)(i).

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

     (a) The definitions of terms herein shall apply equally to the singular and plural forms of
the terms defined. Whenever the context may require, any pronoun shall include the corresponding
masculine, feminine and neuter forms. The words “include,” “includes” and
“including” shall be deemed to be followed by the phrase “without limitation.” The
word “will” shall be construed to have the same meaning and effect as the word
“shall.” Unless the context

20

 

requires otherwise, (i) any definition of or reference to any
agreement, instrument or other document (including any Organization Document) shall be construed as
referring to such agreement, instrument or other document as from time to time amended,
supplemented or otherwise modified (subject to any restrictions on such amendments, supplements or
modifications set forth herein or in any other Loan Document), (ii) any reference herein to any
Person shall be construed to include such Person’s successors and assigns, (iii) the words
“herein,” “hereof” and “hereunder,” and words of similar import when used
in any Loan Document, shall be construed to refer to such Loan Document in its entirety and not to
any particular provision thereof, (iv) all references in a Loan Document to Articles, Sections,
Exhibits and Schedules shall be construed to refer to Articles and Sections of, and Exhibits and
Schedules to, the Loan Document in which such references appear, (v) any reference to any law shall
include all statutory and regulatory provisions consolidating, amending, replacing or interpreting
such law and any reference to any law or regulation shall, unless otherwise specified, refer to
such law or regulation as amended, modified or supplemented from time to time, and (vi) the words
“asset” and “property” shall be construed to have the same meaning and effect and
to refer to any and all tangible and intangible assets and properties, including cash, securities,
accounts and contract rights.

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

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

     1.03 Accounting Terms.

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

     (b) Changes in GAAP. If at any time any change in GAAP would affect the computation
of any financial ratio or requirement set forth in any Loan Document, and either the Borrowers or
the Required Lenders shall so request, the Administrative Agent, the Lenders and the Borrowers
shall negotiate in good faith to amend such ratio or requirement to preserve the original intent
thereof in light of such change in GAAP (subject to the approval of the Required Lenders);
provided that, until so amended, (i) such ratio or requirement shall continue to be
computed in accordance with GAAP prior to such change therein and (ii) the Borrowers shall provide
to the Administrative Agent and the Lenders financial statements and other documents required under
this Agreement or as reasonably requested hereunder setting forth a reconciliation
between calculations of such ratio or requirement made before and after giving effect to such
change in GAAP.

21

 

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

     1.05 Exchange Rates; Currency Equivalents.

     (a) The Administrative Agent or the L/C Issuer, as applicable, shall determine the Spot Rates
as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Credit
Extensions and Outstanding Amounts denominated in Alternative Currencies. Such Spot Rates shall
become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any
amounts between the applicable currencies until the next Revaluation Date to occur. Except for
purposes of financial statements delivered by Loan Parties hereunder or calculating financial
covenants hereunder or except as otherwise provided herein, the applicable amount of any currency
(other than Dollars) for purposes of the Loan Documents shall be such Dollar Equivalent amount as
so determined by the Administrative Agent or the L/C Issuer, as applicable.

     (b) Wherever in this Agreement in connection with the issuance, amendment or extension of a
Letter of Credit, an amount, such as a required minimum or multiple amount, is expressed in
Dollars, but such Letter of Credit is denominated in an Alternative Currency, such amount shall be
the relevant Alternative Currency Equivalent of such Dollar amount (rounded to the nearest unit of
such Alternative Currency, with 0.5 of a unit being rounded upward), as determined by the L/C
Issuer.

     1.06 Additional Alternative Currencies.

     (a) The Parent may from time to time request that Letters of Credit be issued in a currency
other than those specifically listed in the definition of “Alternative Currency;” provided that
such requested currency is a lawful currency (other than Dollars) that is readily available and
freely transferable and convertible into Dollars. In the case of any such request with respect to
the issuance of Letters of Credit, such request shall be subject to the approval of the
Administrative Agent and the applicable L/C Issuer.

     (b) Any such request shall be made to the Administrative Agent not later than 11:00 a.m., five
(5) Business Days prior to the date of the desired Credit Extension (or such other time or date as
may be agreed by the Administrative Agent and the L/C Issuer, in their sole discretion). In the
case of any such request pertaining to Letters of Credit, the Administrative Agent shall promptly
notify the L/C Issuer thereof. The L/C Issuer (in the case of a request pertaining to Letters of
Credit) shall notify the Administrative Agent, not later than 11:00 a.m., two Business Days after
receipt of such request whether, in its sole discretion, it consents to, or declines, the issuance
of Letters of Credit in such requested currency.

     (c) If the Administrative Agent and an L/C Issuer consent to the issuance of Letters of Credit
in such requested currency, the Administrative Agent shall so notify the Parent and such currency
shall thereupon be deemed for all purposes to be an Alternative Currency

22

 

hereunder for purposes of
any Letter of Credit issuances. If the Administrative Agent shall fail to obtain consent to any
request for an additional currency under this Section 1.06, the Administrative Agent shall
promptly so notify the Parent.

     1.07 Change of Currency.

     (a) Each provision of this Agreement shall be subject to such reasonable changes of
construction as the Administrative Agent may from time to time specify to be appropriate to reflect
the adoption of the Euro by any member state of the European Union and any relevant market
conventions or practices relating to the Euro.

     (b) Each provision of this Agreement also shall be subject to such reasonable changes of
construction as the Administrative Agent may from time to time specify to be appropriate to reflect
a change in currency of any other country and any relevant market conventions or practices relating
to the change in currency.

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

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

ARTICLE II.

THE COMMITMENTS AND CREDIT EXTENSIONS

     2.01 Committed Loans. Subject to the terms and conditions set forth herein, each Lender severally
agrees to make loans (each such loan, a “Committed Loan”) as follows: (a) each U.S. Lender
severally agrees to make loans to the Parent and each other U.S. Borrower from time to time, on any
Business Day during the Availability Period in an aggregate amount not to exceed at any time
outstanding the amount of such Lender’s Commitment, and (b) each Singapore Lender agrees to make
loans to Harris Singapore from time to time in an aggregate amount not to exceed at any time
outstanding the Singapore Sublimit; provided, however, that after giving effect to
any Committed Borrowing,
(i) the Total Outstandings shall not exceed the Aggregate Commitments, (ii) the aggregate
Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s Applicable
Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable
Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s
Commitment, and (iii) the Singapore Loans shall not exceed the Singapore Sublimit. Within the
limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the
Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and
reborrow under this Section 2.01. Committed Loans may be Base Rate Loans or Eurodollar
Rate Loans, as further provided herein.

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     2.02 Borrowings, Conversions and Continuations of Committed Loans.

     (a) Each Committed Borrowing, each conversion of Committed Loans from one Type to the other,
and each continuation of Eurodollar Rate Loans shall be made upon the Parent’s irrevocable notice
to the Administrative Agent, which may be given by telephone. Singapore Loans may be requested not
more often than once per calendar quarter. Each such notice must be received by the Administrative
Agent not later than 10:00 a.m. (i) three Business Days prior to the requested date of any
Borrowing of, conversion to or continuation of Eurodollar Rate Loans (other than Singapore Loans)
or of any conversion of Eurodollar Rate Loans to Base Rate Committed Loans, (ii) on the requested
date of any Borrowing of Base Rate Committed Loans (other than Singapore Loans), and (iii) five (5)
Business Days prior to the requested date of any Borrowing of, conversion or continuation of
Singapore Loans; provided, however, that if the Borrowers wish to request
Eurodollar Rate Loans (other than Singapore Loans) having an Interest Period other than one, two,
three or six months in duration as provided in the definition of “Interest Period,” the applicable
notice must be received by the Administrative Agent not later than 10:00 a.m. four Business Days
prior to the requested date of such Borrowing, conversion or continuation (and five (5) Business
Days in the case of Singapore Loans), whereupon the Administrative Agent shall give prompt notice
to the Lenders of such request and determine whether the requested Interest Period is acceptable to
all of them. Not later than 10:00 a.m., three Business Days before the requested date of such
Borrowing, conversion or continuation, the Administrative Agent shall notify the Parent (which
notice may be by telephone) whether or not the requested Interest Period has been consented to by
all the Lenders. Each telephonic notice by the Parent pursuant to this Section 2.02(a)
must be confirmed promptly by delivery to the Administrative Agent of a written Committed Loan
Notice, appropriately completed and signed by a Responsible Officer of the Parent. Each Borrowing
of, conversion to or continuation of Eurodollar Rate Loans shall be in a principal amount of
$1,000,000 or a whole multiple of $1,000,000 in excess thereof. Except as provided in Sections
2.03(c) and 2.04(c), each Borrowing of or conversion to Base Rate Committed Loans shall
be in a minimum principal amount of $1,000,000 or a whole multiple of $1,000,000 in excess thereof.
Each Committed Loan Notice (whether telephonic or written) shall specify (i) whether the Borrower
is requesting a Committed Borrowing, a conversion of Committed Loans from one Type to the other, or
a continuation of Eurodollar Rate Loans, (ii) the requested date of the Borrowing, conversion or
continuation, as the case may be (which shall be a Business Day), (iii) the principal amount of
Committed Loans to be borrowed, converted or continued, (iv) the Type of Committed Loans to be
borrowed or to which existing Committed Loans are to be converted, (v) whether the Borrower is
requesting a Singapore Loan, and (vi) if applicable, the duration of the Interest Period with
respect thereto. If the Parent fails to specify a Type of
Committed Loan in a Committed Loan Notice or if the Parent fails to give a timely notice
requesting a conversion or continuation, then the applicable Committed Loans shall be made as, or
converted to, Base Rate Loans, except in the case of Singapore Loans, which shall be Eurodollar
Rate Loans having an Interest Period of one month’s duration. Any such automatic conversion to
Base Rate Loans (or Eurodollar Rate Loans in the case of Singapore Loans) shall be effective as of
the last day of the Interest Period then in effect with respect to the applicable Eurodollar Rate
Loans. If the Parent requests a Borrowing of, conversion to, or continuation of Eurodollar Rate
Loans in any such Committed Loan Notice, but fails to specify an Interest Period, it will be deemed
to have specified an Interest Period of one month.

24

 

     (b) Following receipt of a Committed Loan Notice, the Administrative Agent shall promptly
notify each Lender of the amount of its Applicable Percentage of the applicable Committed Loans,
and if no timely notice of a conversion or continuation is provided by the Borrower, the
Administrative Agent shall notify each Lender of the details of any automatic conversion to Base
Rate Loans described in the preceding subsection. In the case of a Committed Borrowing, each
Lender (or each Singapore Lender, in the case of a Singapore Loan) shall make the amount of its
Committed Loan available to the Administrative Agent (or Singapore Loan Agent, in the case of a
Singapore Loan) in immediately available funds at the Administrative Agent’s Office (or Singapore
Loan Agent’s Office, as applicable) not later than 1:00 p.m. (or, in the case of Singapore Loans,
10:30 a.m. Hong Kong time) on the Business Day specified in the applicable Committed Loan Notice.
Upon satisfaction of the applicable conditions set forth in Section 4.02 (and, if such
Borrowing is the initial Credit Extension, Section 4.01), the Administrative Agent shall
make all funds so received available to the Parent or other applicable Borrower in like funds as
received by the Administrative Agent either by (i) crediting the account of such Borrower on the
books of Bank of America with the amount of such funds or (ii) wire transfer of such funds, in each
case in accordance with instructions provided to (and reasonably acceptable to) the Administrative
Agent by the Parent; provided, however, that if, on the date the Committed Loan
Notice with respect to such Borrowing is given by the Parent, there are L/C Borrowings outstanding,
then the proceeds of such Borrowing, first, shall be applied to the payment in full of any
such L/C Borrowings, and second, shall be made available to such Borrower as provided
above.

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

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

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

     (f) To the extent that the sum of Loans made to U.S. Borrowers (“U.S. Loans”) and Singapore
Loans of any Singapore Lender would exceed its Commitment, the non-Singapore Lenders will purchase
U.S. Loans from such Singapore Lender up to the lesser of (a) the amount of such excess, and (b)
with respect to each such Lender, its own Commitment.

     (g) Upon each request for a Borrowing which is a Singapore Loan, and at all times while
Singapore Loans are outstanding, the Singapore Lenders and the non-Singapore Lenders shall purchase
and sell U.S. Loans among themselves to the extent necessary to maintain their Applicable
Percentage with respect to the Loans, taken as a whole, subject however, to the

25

 

Singapore Lenders
being the sole Lenders to make Singapore Loans, and recognizing that the total amount of all
Singapore Loans outstanding may exceed the total amount of U.S. Loans outstanding at any date of
determination.

     2.03 Letters of Credit.

     (a) The Letter of Credit Commitment.

     (i) Subject to the terms and conditions set forth herein, (A) each L/C Issuer severally
and not jointly agrees, in reliance upon the agreements of the Lenders set forth in this
Section 2.03, (1) from time to time on any Business Day during the period from the
Closing Date until the Letter of Credit Expiration Date, to issue Letters of Credit for the
account of the Borrowers or any of their Subsidiaries, and to amend or extend Letters of
Credit previously issued by it, in accordance with subsection (b) below, and (2) to honor
drawings under the Letters of Credit; and (B) the Lenders severally agree to participate in
Letters of Credit issued for the account of the Borrowers and their Subsidiaries and any
drawings thereunder; provided that after giving effect to any L/C Credit Extension
with respect to any Letter of Credit, (x) the Total Outstandings shall not exceed the
Aggregate Commitments, (y) the aggregate Outstanding Amount of the Committed Loans of any
Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all
L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount
of all Swing Line Loans shall not exceed such Lender’s Commitment, and (z) the Outstanding
Amount of the L/C Obligations shall not exceed the Letter of Credit Sublimit. Each request
by a U.S. Borrower for the issuance or amendment of a Letter of Credit shall be deemed to be
a representation by such Borrowers that the L/C Credit Extension so requested complies with
the conditions set forth in the proviso to the preceding sentence. Within the foregoing
limits, and subject to the terms and conditions hereof, the U.S. Borrowers’ ability to
obtain Letters of Credit shall be fully revolving, and accordingly the U.S. Borrowers may,
during the foregoing period, obtain Letters of Credit to replace Letters of Credit that have
expired or that have been drawn upon and reimbursed.

     (ii) The L/C Issuer shall not issue any Letter of Credit, if:

     (A) subject to Section 2.03(b)(iii), the expiry date of such requested Letter
of Credit would occur more than eighteen months after the date of issuance or last
extension, unless the Required Lenders have approved such expiry date; or

     (B) the expiry date of such requested Letter of Credit would occur more than
six months after the Letter of Credit Expiration Date, unless all the Lenders have
approved such expiry date.

     (iii) The L/C Issuer shall not be under any obligation to issue any Letter of Credit
if:

     (A) any order, judgment or decree of any Governmental Authority or arbitrator
shall by its terms purport to enjoin or restrain the L/C Issuer from issuing such
Letter of Credit, or any Law applicable to the L/C Issuer or any

26

 

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

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

     (C) such Letter of Credit is to be denominated in a currency other than Dollars
or an Alternative Currency;

     (D) the L/C Issuer does not as of the issuance date of such requested Letter of
Credit issue Letters of Credit in the requested currency; or

     (E) a default of any Lender’s obligations to fund under Section 2.03(c)
exists or any Lender is at such time a Defaulting Lender hereunder, unless the L/C
Issuer has entered into satisfactory arrangements with the Borrower or such Lender
to eliminate the L/C Issuer’s risk with respect to such Lender.

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

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

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

     (i) Each Letter of Credit shall be issued or amended, as the case may be, upon the
request of a U.S. Borrower delivered to its requested L/C Issuer (with a copy to the
Administrative Agent) in the form of a Letter of Credit Application, appropriately completed
and signed by a Responsible Officer of such Borrower. Such Letter of Credit Application
must be received by the requested L/C Issuer and the Administrative Agent not later than
10:00 a.m. at least two Business Days (or such later date and time as the

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Administrative
Agent and such L/C Issuer may agree in a particular instance in their sole discretion) prior
to the proposed issuance date or date of amendment, as the case may be. In the case of a
request for an initial issuance of a Letter of Credit, such Letter of Credit Application
shall specify in form and detail satisfactory to the L/C Issuer: (A) the proposed issuance
date of the requested Letter of Credit (which shall be a Business Day); (B) the amount
thereof; (C) the expiry date thereof; (D) the name and address of the beneficiary thereof;
(E) the documents to be presented by such beneficiary in case of any drawing thereunder; (F)
the full text of any certificate to be presented by such beneficiary in case of any drawing
thereunder; (G) the purpose and nature of the requested Letter of Credit; and (H) such other
matters as the L/C Issuer may require. In the case of a request for an amendment of any
outstanding Letter of Credit, such Letter of Credit Application shall specify in form and
detail satisfactory to the L/C Issuer (A) the Letter of Credit to be amended; (B) the
proposed date of amendment thereof (which shall be a Business Day); (C) the nature of the
proposed amendment; and (D) such other matters as the L/C Issuer may require. Additionally,
the Borrowers shall furnish to the L/C Issuer and the Administrative Agent such other
documents and information pertaining to such requested Letter of Credit issuance or
amendment, including any Issuer Documents, as the L/C Issuer or the Administrative Agent may
require.

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

     (iii) If a U.S. Borrower so requests in any applicable Letter of Credit Application,
the L/C Issuer may, in its sole and absolute discretion, agree to issue a Letter
of Credit that has automatic extension provisions (each, an “Auto-Extension Letter
of Credit”); provided that any such Auto-Extension Letter of Credit must permit
the L/C Issuer to prevent any such extension at least once in each twelve-month period
(commencing with the date of issuance of such Letter of Credit) by giving prior notice to
the beneficiary thereof not later than a day (the “Non-Extension Notice Date”) in
each such twelve-month period to be agreed upon at the time such Letter of Credit is issued.
Unless otherwise directed by the L/C Issuer, the applicable Borrower shall not be required
to make a specific request to the L/C Issuer for any such extension. Once an Auto-Extension
Letter of Credit has been issued, the Lenders shall be deemed to have

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authorized (but may
not require) the L/C Issuer to permit the extension of such Letter of Credit at any time to
an expiry date not later than the Letter of Credit Expiration Date; provided,
however, that the L/C Issuer shall not permit any such extension if (A) the L/C
Issuer has determined that it would not be permitted, or would have no obligation, at such
time to issue such Letter of Credit in its revised form (as extended) under the terms hereof
(by reason of the provisions of clause (ii) or (iii) of Section 2.03(a) or
otherwise), or (B) it has received notice (which may be by telephone or in writing) on or
before the day that is seven 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 any Borrower that one or more of the
applicable conditions specified in Section 4.02 is not then satisfied, and in each
such case directing the L/C Issuer not to permit such extension.

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

     (c) Drawings and Reimbursements; Funding of Participations.

     (i) Upon receipt from the beneficiary of any Letter of Credit of any notice of a
drawing under such Letter of Credit, the L/C Issuer shall notify the Parent and applicable
Borrower and the Administrative Agent thereof. In the case of a Letter of Credit
denominated in an Alternative Currency, the Parent or applicable Borrower shall reimburse
the L/C Issuer in such Alternative Currency, unless (A) the L/C Issuer (at its option) shall
have specified in such notice that it will require reimbursement in Dollars, or (B) in the
absence of any such requirement for reimbursement in Dollars, the Parent or applicable
Borrower shall have notified the L/C Issuer promptly following receipt of the notice of
drawing that the Parent or applicable Borrower will reimburse the L/C Issuer in Dollars. In
the case of any such reimbursement in Dollars of a drawing under a Letter of Credit
denominated in an Alternative Currency, the L/C Issuer shall notify the Parent and the
applicable Borrower of the Dollar Equivalent of the amount of the drawing promptly following
the determination thereof. Not later than 11:00 a.m. on the date of any payment by the L/C
Issuer under a Letter of Credit (each such date, an “Honor Date”), the Parent or the
applicable Borrowers shall reimburse the L/C Issuer in an amount equal to the amount of such
drawing. If the L/C Issuer is not reimbursed by such time, the applicable L/C Issuer shall
promptly notify the Administrative Agent and the Administrative Agent shall promptly notify
each Lender of the Honor Date, the amount of the unreimbursed
drawing (the “Unreimbursed Amount”), and the amount of such Lender’s Applicable
Percentage thereof. In such event, the U.S. Borrowers shall be deemed to have requested a
Committed Borrowing of Base Rate Loans to be disbursed on the Honor Date in an amount equal
to the Unreimbursed Amount, without regard to the minimum and multiples specified in
Section 2.02 for the principal amount of Base Rate Loans, but subject to the amount
of the unutilized portion of the Aggregate Commitments and the conditions set forth in
Section 4.02 (other than the delivery of a Committed Loan Notice). Any notice given
by the L/C Issuer or the Administrative Agent pursuant to this Section 2.03(c)(i)
may be given by telephone if immediately confirmed in writing; provided that

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the
lack of such an immediate confirmation shall not affect the conclusiveness or binding effect
of such notice.

     (ii) Each Lender shall upon any notice pursuant to Section 2.03(c)(i) make
funds available to the Administrative Agent for the account of the L/C Issuer at the
Administrative Agent’s Office in an amount equal to its Applicable Percentage of the
Unreimbursed Amount not later than 1:00 p.m. on the Business Day specified in such notice by
the Administrative Agent, whereupon, subject to the provisions of Section
2.03(c)(iii), each Lender that so makes funds available shall be deemed to have made a
Base Rate Committed Loan to the U.S. Borrowers in such amount. The Administrative Agent
shall remit the funds so received to the L/C Issuer.

     (iii) With respect to any Unreimbursed Amount that is not fully refinanced by a
Committed Borrowing of Base Rate Loans because the conditions set forth in Section
4.02 cannot be satisfied or for any other reason, the U.S. Borrowers shall be deemed to
have incurred from the L/C Issuer an L/C Borrowing in the amount of the Unreimbursed Amount
that is not so refinanced, which L/C Borrowing shall be due and payable on demand (together
with interest) and shall bear interest at the Default Rate. In such event, each Lender’s
payment to the Administrative Agent for the account of the L/C Issuer pursuant to
Section 2.03(c)(ii) shall be deemed payment in respect of its participation in such
L/C Borrowing and shall constitute an L/C Advance from such Lender in satisfaction of its
participation obligation under this Section 2.03.

     (iv) Until each relevant Lender funds its Committed Loan or L/C Advance pursuant to
this Section 2.03(c) to reimburse the L/C Issuer for any amount drawn under any
Letter of Credit, interest in respect of such Lender’s Applicable Percentage of such amount
shall be solely for the account of the L/C Issuer.

     (v) Each Lender’s obligation to make Committed Loans or L/C Advances to reimburse the
L/C Issuer for amounts drawn under Letters of Credit, as contemplated by this Section
2.03(c), shall be absolute and unconditional and shall not be affected by any
circumstance, including (A) any setoff, counterclaim, recoupment, defense or other right
which such Lender may have against the L/C Issuer, the Borrowers or any other Person for any
reason whatsoever; (B) the occurrence or continuance of a Default, or (C) any other
occurrence, event or condition, whether or not similar to any of the foregoing;
provided, however, that each Lender’s obligation to make Committed Loans
pursuant to this Section 2.03(c) is subject to the conditions set forth in
Section 4.02 (other than delivery by the Parent of a Committed Loan Notice). No
such making of an L/C
Advance shall relieve or otherwise impair the obligation of the U.S. Borrowers to
reimburse the L/C Issuer for the amount of any payment made by the L/C Issuer under any
Letter of Credit, together with interest as provided herein.

     (vi) If any Lender fails to make available to the Administrative Agent for the account
of the L/C Issuer any amount required to be paid by such Lender pursuant to the foregoing
provisions of this Section 2.03(c) by the time specified in Section
2.03(c)(ii), the L/C Issuer shall be entitled to recover from such Lender (acting
through the Administrative Agent), on demand, such amount with interest thereon for the
period from

30

 

the date such payment is required to the date on which such payment is
immediately available to the L/C Issuer at a rate per annum equal to the greater of the
Federal Funds Rate and a rate determined by the L/C Issuer in accordance with banking
industry rules on interbank compensation, plus any administrative, processing or similar
fees customarily charged by the L/C Issuer in connection with the foregoing. If such Lender
pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute
such Lender’s Committed Loan included in the relevant Committed Borrowing or L/C Advance in
respect of the relevant L/C Borrowing, as the case may be. A certificate of the L/C Issuer
submitted to any Lender (through the Administrative Agent) with respect to any amounts owing
under this clause (vi) shall be conclusive absent manifest error.

     (d) Repayment of Participations.

     (i) At any time after the L/C Issuer has made a payment under any Letter of Credit and
has received from any Lender such Lender’s L/C Advance in respect of such payment in
accordance with Section 2.03(c), if the Administrative Agent receives for the
account of the L/C Issuer any payment in respect of the related Unreimbursed Amount or
interest thereon (whether directly from the Borrowers or otherwise, including proceeds of
Cash Collateral applied thereto by the Administrative Agent), the Administrative Agent will
distribute to such Lender its Applicable Percentage thereof in the same funds as those
received by the Administrative Agent.

     (ii) If any payment received by the Administrative Agent for the account of the L/C
Issuer pursuant to Section 2.03(c)(i) is required to be returned under any of the
circumstances described in Section 10.05 (including pursuant to any settlement
entered into by the L/C Issuer in its discretion), each Lender shall pay to the
Administrative Agent for the account of the L/C Issuer its Applicable Percentage thereof on
demand of the Administrative Agent, plus interest thereon from the date of such demand to
the date such amount is returned by such Lender, at a rate per annum equal to the Federal
Funds Rate from time to time in effect. The obligations of the Lenders under this clause
shall survive the payment in full of the Obligations and the termination of this Agreement.

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

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

     (ii) the existence of any claim, counterclaim, setoff, defense or other right that the
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 L/C Issuer or any other Person, whether in connection with this Agreement, the
transactions contemplated hereby or by such Letter of Credit or any agreement or instrument
relating thereto, or any unrelated transaction;

31

 

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

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

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

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

     (f) Role of L/C Issuer. Each Lender and Borrower agrees that, in paying any drawing
under a Letter of Credit, the L/C Issuer shall not have any responsibility to obtain any document
(other than any sight draft, certificates and documents expressly required by the Letter of Credit)
or to ascertain or inquire as to the validity or accuracy of any such document or the authority of
the Person executing or delivering any such document. None of the L/C Issuer, the Administrative
Agent, any of their respective Related Parties nor any correspondent, participant or assignee of
the L/C Issuer shall be liable to any Lender for (i) any action taken or omitted in connection
herewith at the request or with the approval of the Lenders or the Required Lenders, as applicable;
(ii) any action taken or omitted in the absence of gross negligence or willful misconduct; or (iii)
the due execution, effectiveness, validity or enforceability of any document or instrument related
to any Letter of Credit or Issuer Document. The Borrowers hereby assume all risks of the acts or
omissions of any beneficiary or transferee with respect to its use of any Letter of Credit;
provided, however, that this assumption is not intended to, and shall not,
preclude a Borrower’s pursuing such rights and remedies as it may have against the beneficiary
or transferee at law or under any other agreement. None of the L/C Issuer, the Administrative
Agent, any of their respective Related Parties nor any correspondent, participant or assignee of
the L/C Issuer shall be liable or responsible for any of the matters described in clauses (i)
through (v) of Section 2.03(e); provided, however, that anything in such
clauses to the contrary notwithstanding, the Borrowers may have a claim against the L/C Issuer, and
the L/C Issuer 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 the Borrowers which the
Borrowers prove were caused by the L/C Issuer’s willful misconduct or gross negligence or the L/C
Issuer’s willful failure to pay under any Letter of Credit after the presentation to it by the
beneficiary of a

32

 

sight draft and certificate(s) strictly complying with the terms and conditions of
a Letter of Credit. In furtherance and not in limitation of the foregoing, the L/C Issuer may
accept documents that appear on their face to be in order, without responsibility for further
investigation, regardless of any notice or information to the contrary, and the L/C Issuer shall
not be responsible for the validity or sufficiency of any instrument transferring or assigning or
purporting to transfer or assign a Letter of Credit or the rights or benefits thereunder or
proceeds thereof, in whole or in part, which may prove to be invalid or ineffective for any reason.

     (g) Cash Collateral. Upon the request of the Administrative Agent, (i) if the L/C
Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing
has resulted in an L/C Borrowing, or (ii) if, as of the Letter of Credit Expiration Date, any L/C
Obligation for any reason remains outstanding, the U.S. Borrowers shall, in each case, immediately
Cash Collateralize the then Outstanding Amount of all L/C Obligations. Sections 2.05 and
8.02(c) set forth certain additional requirements to deliver Cash Collateral hereunder.
For purposes of this Section 2.03, Section 2.05 and Section 8.02(c),
“Cash Collateralize” means to pledge and deposit with or deliver to the Administrative
Agent, for the benefit of the L/C Issuer and the Lenders, as collateral for the L/C Obligations,
cash or deposit account balances pursuant to documentation in form and substance satisfactory to
the Administrative Agent and the L/C Issuer (which documents are hereby consented to by the
Lenders). Derivatives of such term have corresponding meanings. The U.S. Borrowers hereby grant
to the Administrative Agent, for the benefit of the L/C Issuer and the Lenders, a security interest
in all such cash, deposit accounts and all balances therein and all proceeds of the foregoing.
Cash Collateral shall be maintained in blocked, non-interest bearing deposit accounts at Bank of
America.

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

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

33

 

     (j) Fronting Fee and Processing Charges Payable to L/C Issuer. The U.S. Borrowers
shall pay directly to the L/C Issuer for its own account a fronting fee (i) with respect to each
commercial Letter of Credit, at the rate specified in the Fee Letter, computed on the Dollar
Equivalent of the amount of such Letter of Credit, and payable upon the issuance thereof, (ii) with
respect to any amendment of a commercial Letter of Credit increasing the amount of such Letter of
Credit, at a rate separately agreed between the Parent and the L/C Issuer, computed on the Dollar
Equivalent of the amount of such increase, and payable upon the effectiveness of such amendment,
and (iii) with respect to each standby Letter of Credit, at the rate per annum specified in the Fee
Letter, computed on the face amount available to be drawn under such Letter of Credit. Such
fronting fee shall be due and payable on the issuance of such Letter of Credit. In addition, the
U.S. Borrowers shall pay directly to the L/C Issuer, in Dollars, for its own account the customary
issuance, presentation, amendment and other processing fees, and other standard costs and charges,
of the L/C Issuer relating to letters of credit as from time to time in effect. Such customary
fees and standard costs and charges are due and payable on demand and are nonrefundable.

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

     (l) Letters of Credit Issued for Subsidiaries. Notwithstanding that a Letter of
Credit issued or outstanding hereunder is in support of any obligations of, or is for the account
of, a Subsidiary, the Parent and other U.S. Borrowers shall be obligated to reimburse the L/C
Issuer hereunder for any and all drawings under such Letter of Credit. The U.S. Borrowers hereby
acknowledge that the issuance of Letters of Credit for the account of Subsidiaries inures to the
benefit of the Parent and U.S. Borrowers, and that the businesses of the U.S Borrowers derive
substantial benefits from the businesses of such Subsidiaries.

     2.04 Swing Line Loans.

     (a) The Swing Line. Subject to the terms and conditions set forth herein, the Swing
Line Lender agrees, in reliance upon the agreements of the other Lenders set forth in this
Section 2.04, to make loans (each such loan, a “Swing Line Loan”) to Parent and
each other U.S. Borrower from time to time on any Business Day during the Availability Period in an
aggregate amount not to exceed at any time outstanding the amount of the Swing Line Sublimit,
notwithstanding the fact that such Swing Line Loans, when aggregated with the Applicable Percentage
of the Outstanding Amount of Committed Loans and L/C Obligations of the Lender acting as Swing Line
Lender, may exceed the amount of such Lender’s Commitment; provided, however, that
after giving effect to any Swing Line Loan, (i) the Total Outstandings shall not exceed the
Aggregate Commitments, and (ii) the aggregate Outstanding Amount of the Committed Loans of any
Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C
Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all
Swing Line Loans shall not exceed such Lender’s Commitment, and provided, further,
that the Borrowers shall not use the proceeds of any Swing Line Loan to refinance any outstanding
Swing Line Loan. Within the foregoing limits, and subject to the other terms and conditions
hereof, the Borrower may borrow under this Section 2.04, prepay under Section 2.05,
and reborrow under this Section 2.04. Each Swing Line Loan shall be a Base Rate Loan.
Immediately upon the making of a Swing Line Loan, each Lender shall be deemed to, and

34

 

hereby irrevocably and unconditionally agrees to, purchase from the Swing Line Lender a risk
participation in such Swing Line Loan in an amount equal to the product of such Lender’s Applicable
Percentage times the amount of such Swing Line Loan.

     (b) Borrowing Procedures. Each Swing Line Borrowing shall be made upon the Parent’s
irrevocable notice to the Swing Line Lender and the Administrative Agent, which may be given by
telephone. Each such notice must be received by the Swing Line Lender and the Administrative Agent
not later than 1:00 p.m. on the requested borrowing date, and shall specify (i) the amount to be
borrowed, which shall be a minimum of $1,000,000, and (ii) the requested borrowing date, which
shall be a Business Day. Each such telephonic notice must be confirmed promptly by delivery to the
Swing Line Lender and the Administrative Agent of a written Swing Line Loan Notice, appropriately
completed and signed by a Responsible Officer of the Parent. Promptly after receipt by the Swing
Line Lender of any telephonic Swing Line Loan Notice, the Swing Line Lender will confirm with the
Administrative Agent (by telephone or in writing) that the Administrative Agent has also received
such Swing Line Loan Notice and, if not, the Swing Line Lender will notify the Administrative Agent
(by telephone or in writing) of the contents thereof. Unless the Swing Line Lender has received
notice (by telephone or in writing) from the Administrative Agent (including at the request of any
Lender) prior to 2:00 p.m. on the date of the proposed Swing Line Borrowing (A) directing the Swing
Line Lender not to make such Swing Line Loan as a result of the limitations set forth in the first
proviso to the first sentence of Section 2.04(a), or (B) that one or more of the applicable
conditions specified in Article IV is not then satisfied, then, subject to the terms and
conditions hereof, the Swing Line Lender will, not later than 3:00 p.m. on the borrowing date
specified in such Swing Line Loan Notice, make the amount of its Swing Line Loan available to the
appropriate Borrower either by (i) crediting the account of the Borrower on the books of the Swing
Line Lender in immediately available funds or (ii) wire transfer of such funds, in each case in
accordance with instructions provided to (and reasonably acceptable to) the Administrative Agent by
the Parent.

     (c) Refinancing of Swing Line Loans.

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

35

 

Loan to the Borrowers in such amount. The Administrative Agent shall remit the funds
so received to the Swing Line Lender.

     (ii) If for any reason any Swing Line Loan cannot be refinanced by such a Committed
Borrowing in accordance with Section 2.04(c)(i), the request for Base Rate Committed
Loans submitted by the Swing Line Lender as set forth herein shall be deemed to be a request
by the Swing Line Lender that each of the Lenders fund its risk participation in the
relevant Swing Line Loan and each Lender’s payment to the Administrative Agent for the
account of the Swing Line Lender pursuant to Section 2.04(c)(i) shall be deemed
payment in respect of such participation.

     (iii) If any Lender fails to make available to the Administrative Agent for the account
of the Swing Line Lender any amount required to be paid by such Lender pursuant to the
foregoing provisions of this Section 2.04(c) by the time specified in Section
2.04(c)(i), the Swing Line Lender shall be entitled to recover from such Lender (acting
through the Administrative Agent), on demand, such amount with interest thereon for the
period from the date such payment is required to the date on which such payment is
immediately available to the Swing Line Lender at a rate per annum equal to the greater of
the Federal Funds Rate and a rate determined by the Swing Line Lender in accordance with
banking industry rules on interbank compensation, plus any administrative, processing or
similar fees customarily charged by the Swing Line Lender in connection with the foregoing.
If such Lender pays such amount (with interest and fees as aforesaid), the amount so paid
shall constitute such Lender’s Committed Loan included in the relevant Committed Borrowing
or funded participation in the relevant Swing Line Loan, as the case may be. A certificate
of the Swing Line Lender submitted to any Lender (through the Administrative Agent) with
respect to any amounts owing under this clause (iii) shall be conclusive absent manifest
error.

     (iv) Each Lender’s obligation to make Committed Loans or to purchase and fund risk
participations in Swing Line Loans pursuant to this Section 2.04(c) shall be
absolute and unconditional and shall not be affected by any circumstance, including (A) any
setoff, counterclaim, recoupment, defense or other right which such Lender may have against
the Swing Line Lender, the U.S. Borrowers or any other Person for any reason whatsoever, (B)
the occurrence or continuance of a Default, or (C) any other occurrence, event or condition,
whether or not similar to any of the foregoing; provided, however, that each
Lender’s obligation to make Committed Loans pursuant to this Section 2.04(c) is
subject to the conditions set forth in Section 4.02. No such funding of risk
participations shall relieve or otherwise impair the obligation of the U.S. Borrowers to
repay Swing Line Loans, together with interest as provided herein.

     (d) Repayment of Participations.

     (i) At any time after any Lender has purchased and funded a risk participation in a
Swing Line Loan, if the Swing Line Lender receives any payment on account of such Swing Line
Loan, the Swing Line Lender will distribute to such Lender its Applicable Percentage thereof
in the same funds as those received by the Swing Line Lender.

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

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

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

     2.05 Prepayments.

     (a) The Borrowers may, upon notice to the Administrative Agent, at any time or from time to
time voluntarily prepay Committed Loans in whole or in part without premium or penalty;
provided that (i) such notice must be received by the Administrative Agent not later than
10:00 a.m. (A) three Business Days prior to any date of prepayment of Eurodollar Rate Loans and (B)
on the date of prepayment of Base Rate Committed Loans; (ii) any prepayment of Eurodollar Rate
Loans shall be in a principal amount of $1,000,000 or a whole multiple of $1,000,000 in excess
thereof; and (iii) any prepayment of Base Rate Committed Loans shall be in a principal amount of
$500,000 or a whole multiple of $100,000 in excess thereof or, in each case, if less, the entire
principal amount thereof then outstanding, and provided further, that Singapore Loans may
be prepaid no more often than once per calendar quarter. Each such notice shall specify the date
and amount of such prepayment and the Type(s) of Committed Loans to be prepaid and, if Eurodollar
Rate Loans are to be prepaid, the Interest Period(s) of such Loans. The Administrative Agent will
promptly notify each Lender of its receipt of each such notice, and of the amount of such Lender’s
Applicable Percentage of such prepayment. If such notice is given by the Borrowers, the Borrowers
shall make such prepayment and the payment amount specified in such notice shall be due and payable
on the date specified therein. Any prepayment of a Eurodollar Rate Loan shall be accompanied by
all accrued interest on the amount prepaid, together with any additional amounts required pursuant
to Section 3.05. Each such prepayment shall be applied to the Committed Loans of the
Lenders in accordance with their respective Applicable Percentages.

     (b) The Borrowers may, upon notice to the Swing Line Lender (with a copy to the Administrative
Agent), at any time or from time to time, voluntarily prepay Swing Line Loans in whole or in part
without premium or penalty; provided that (i) such notice must be received by

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the Swing Line Lender and the Administrative Agent not later than 1:00 p.m. on the date of the
prepayment, and (ii) any such prepayment shall be in a minimum principal amount of $100,000. Each
such notice shall specify the date and amount of such prepayment. If such notice is given by the
Borrowers, the Borrowers shall make such prepayment and the payment amount specified in such notice
shall be due and payable on the date specified therein.

     (c) If for any reason the Total Outstandings at any time exceed the Aggregate Commitments then
in effect, the Borrowers shall immediately prepay Loans and/or Cash Collateralize the L/C
Obligations in an aggregate amount equal to such excess; provided, however, that
(i) the Borrowers shall not be required to Cash Collateralize the L/C Obligations pursuant to this
Section 2.05(c) unless after the prepayment in full of the Loans the Total Outstandings
exceed the Aggregate Commitments then in effect; (ii) Harris Singapore shall not be required to
prepay or Cash Collateralize U.S. Loans; and (iii) if the Total Outstandings would not have
exceeded the Aggregate Commitments then in effect other than as a result of a revaluation of
Alternative Currency obligations, the Borrowers shall not be required to Cash Collateralize the L/C
Obligations or prepay Loans unless such excess amount is greater than $100,000.

     (d) Upon each prepayment of a Singapore Loan, each Singapore Lender will purchase U.S. Loans
from each non-Singapore Lender equal to such Singapore Lender’s Applicable Percentage of the
non-Singapore Loans to the extent necessary to maintain each Lender’s Applicable Percentage with
respect to the Loans, taken as a whole, subject however, to the Singapore Lenders being the sole
Lenders to make Singapore Loans.

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

     2.07 Repayment of Loans.

     (a) The Borrowers (other than Harris Singapore) shall repay to the Lenders on the Maturity
Date the aggregate principal amount of Committed Loans outstanding on such date, and Harris Singapore shall repay the aggregate amount of Committed Loans that are Singapore Loans
outstanding on such date.

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

     2.08 Interest.

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

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

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

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

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

     (c) Interest on each Loan shall be due and payable in arrears on each Interest Payment Date
applicable thereto and at such other times as may be specified herein. Interest hereunder shall be
due and payable in accordance with the terms hereof before and after judgment, and before and after
the commencement of any proceeding under any Debtor Relief Law.

     2.09 Fees. In addition to certain fees described in subsections (i) and (j) of Section
2.03:

     (a) Commitment Fee. The Borrowers shall pay to the Administrative Agent for the
account of each Lender in accordance with its Applicable Percentage, a commitment fee equal to the
Applicable Margin times the actual daily amount by which the Aggregate Commitments exceed
the sum of (i) the Outstanding Amount of Committed Loans and (ii) the Outstanding Amount of L/C
Obligations. The commitment fee shall accrue at all times during the Availability Period,
including at any time during which one or more of the conditions in Article

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IV is not met, and shall be due and payable quarterly in arrears on the fifth Business Day following the end of
each March, June, September and December, commencing with the first such date to occur after the
Closing Date, and on the last day of the Availability Period. The commitment fee shall be
calculated quarterly in arrears, and if there is any change in the Applicable Margin during any
quarter, the actual daily amount shall be computed and multiplied by the Applicable Margin
separately for each period during such quarter that such Applicable Margin was in effect.

     (b) Upfront Fee. The Borrowers shall pay to the Administrative Agent for the account
of each Lender in accordance with its Applicable Percentage, an upfront fee equal to .50% of such
Lender’s Commitment, which shall be due and payable on the Closing Date.

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

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

     2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Margin.

     (a) All computations of interest for Base Rate Loans when the Base Rate is determined by Bank
of America’s “prime rate” shall be made on the basis of a year of 365 or 366 days, as the case may
be, and actual days elapsed. All computations of interest for Eurodollar Rate Loans shall be made
on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as
applicable, being paid than if computed on the basis of a 365-day year). All other computations of
fees and interest shall be made on the basis of a year of 365 or 366 days, as the case may be, and
actual days elapsed; provided however, that if a Lender is unable to, or would incur
additional expense, in computing fees and interest on such basis, the Borrowers agree to work with
the Lenders to reasonably accommodate such limitations. Interest shall accrue on each Loan for the
day on which the Loan is made, and shall not accrue on a Loan, or any portion thereof, for the day
on which the Loan or such portion is paid, provided that any Loan that is repaid on the
same day on which it is made shall, subject to Section 2.12(a), bear interest for one day.
Each determination by the Administrative Agent of an interest rate or fee hereunder shall be
conclusive and binding for all purposes, absent manifest error.

     (b) If, as a result of any restatement of or other adjustment to the financial statements of
the Borrowers or for any other reason, the Borrowers or the Lenders determine that (i) the Consolidated Leverage Ratio as calculated by the Borrowers as of any applicable date was
inaccurate and (ii) a proper calculation of the Consolidated Leverage Ratio would have resulted in
higher pricing for such period, the Borrowers shall immediately and retroactively be obligated to
pay to the Administrative Agent for the account of the applicable Lenders or the L/C Issuer, as the
case may be, promptly on demand by the Administrative Agent (or, after the occurrence of an actual
or deemed entry of an order for relief with respect to the Borrowers under the Bankruptcy

40

 

Code of the United States, automatically and without further action by the Administrative Agent, any Lender
or the L/C Issuer), an amount equal to the excess of the amount of interest and fees that should
have been paid for such period over the amount of interest and fees actually paid for such period.
This paragraph shall not limit the rights of the Administrative Agent, any Lender or the L/C
Issuer, as the case may be, under Section 2.03(c)(iii), 2.03(i) or 2.08(b)
or under Article VIII. The Borrowers’ obligations under this paragraph shall survive the
termination of the Aggregate Commitments and the repayment of all other Obligations hereunder.

     2.11 Evidence of Debt.

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

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

     2.12 Payments Generally; Administrative Agent’s Clawback.

     (a) General. All payments to be made by the Borrowers shall be made without condition
or deduction for any counterclaim, defense, recoupment or setoff. Except as otherwise expressly
provided herein, all payments by the Borrowers hereunder shall be made to the Administrative Agent
or Singapore Loan Agent, as applicable, for the account of the respective Lenders to which such
payment is owed, at such Agent’s Office in Dollars and in immediately available funds not later
than 11:00 a.m. on the date specified herein. The Agents will promptly distribute to each Lender its Applicable Percentage (or other applicable share as provided
herein) of such payment in like funds as received by wire transfer to such Lender’s Lending Office.
All payments received by an Agent after 11:00 a.m. shall be deemed received on the next succeeding
Business Day and any applicable interest or fee shall continue to accrue. If any payment to be
made by the Borrowers shall come due on a day other than a Business Day, payment shall be

41

 

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

     (b) (i) Funding by Lenders; Presumption by Agents. Unless the applicable Agent shall
have received notice from a Lender prior to the proposed date of any Committed Borrowing of
Eurodollar Rate Loans (or, in the case of any Committed Borrowing of Base Rate Loans, prior to 9:00
a.m. on the date of such Committed Borrowing) that such Lender will not make available to such
Agent such Lender’s share of such Committed Borrowing, such Agent may assume that such Lender has
made such share available on such date in accordance with Section 2.02 (or, in the case of
a Committed Borrowing of Base Rate Loans, that such Lender has made such share available in
accordance with and at the time required by Section 2.02) and may, in reliance upon such
assumption, make available to the Borrowers a corresponding amount. In such event, if a Lender has
not in fact made its share of the applicable Committed Borrowing available to the applicable Agent,
then the applicable Lender and the Borrowers severally agree to pay to such Agent forthwith on
demand such corresponding amount in immediately available funds with interest thereon, for each day
from and including the date such amount is made available to the Borrowers to but excluding the
date of payment to such Agent, at (A) in the case of a payment to be made by such Lender, the
greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance
with banking industry rules on interbank compensation, plus any administrative, processing or
similar fees customarily charged by the applicable Agent in connection with the foregoing, and (B)
in the case of a payment to be made by the Borrowers, the interest rate applicable to Base Rate
Loans. If the Borrowers and such Lender shall pay such interest to the applicable Agent for the
same or an overlapping period, such Agent shall promptly remit to the Borrowers the amount of such
interest paid by the Borrowers for such period. If such Lender pays its share of the applicable
Committed Borrowing to the applicable Agent, then the amount so paid shall constitute such Lender’s
Committed Loan included in such Committed Borrowing. Any payment by the Borrowers shall be without
prejudice to any claim the Borrowers may have against a Lender that shall have failed to make such
payment to the applicable Agent.

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

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

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     (c) Failure to Satisfy Conditions Precedent. If any Lender makes available to an
Agent funds for any Loan to be made by such Lender as provided in the foregoing provisions of this
Article II, and such funds are not made available to the Borrowers by such Agent because
the conditions to the applicable Credit Extension set forth in Article IV are not satisfied
or waived in accordance with the terms hereof, such Agent shall return such funds (in like funds as
received from such Lender) to such Lender, without interest.

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

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

     2.13 Sharing of Payments by Lenders. If any Lender shall, by exercising any right of setoff or
counterclaim or otherwise, obtain payment in respect of any principal of or interest on any of the
Committed Loans made by it, or the participations in L/C Obligations or in Swing Line Loans held by
it resulting in such Lender’s receiving payment of a proportion of the aggregate amount of such
Committed Loans or participations and accrued interest thereon greater than its pro
rata share thereof as provided herein, then the Lender receiving such greater proportion
shall (a) notify the Administrative Agent of such fact, and (b) purchase (for cash at face value)
participations in the Committed Loans and subparticipations in L/C Obligations and Swing Line Loans
of the other Lenders, or make such other adjustments as shall be equitable, so that the benefit of
all such payments shall be shared by the Lenders ratably in accordance with the aggregate amount of
principal of and accrued interest on their respective Committed Loans and other amounts owing them,
in all cases subject to Section 2.15(b) hereof, and provided that:

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

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

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     The Borrowers consent to the foregoing and agrees, to the extent it may effectively do so
under applicable law, that any Lender acquiring a participation pursuant to the foregoing
arrangements may exercise against the Borrowers rights of setoff and counterclaim with respect to
such participation as fully as if such Lender were a direct creditor of such Borrower in the amount
of such participation.

     2.14 Increase in Commitments.

     (a) Request for Increase. Provided there exists no Default, upon notice to the
Administrative Agent (which shall promptly notify the Lenders), the Parent may on a one-time basis,
request an increase in the Aggregate Commitments in the form of revolving advances by an amount not
exceeding $50,000,000; provided that any such request for an increase shall be in a minimum
amount of $5,000,000. At the time of sending such notice, the Parent (in consultation with the
Administrative Agent) shall specify the time period within which each Lender is requested to
respond (which shall in no event be less than ten Business Days from the date of delivery of such
notice to the Lenders).

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

     (c) Notification by Administrative Agent; Additional Lenders. The Administrative
Agent shall notify the Parent and each Lender of the Lenders’ responses to each request made
hereunder. To achieve the full amount of a requested increase and subject to the approval of the
Administrative Agent, the L/C Issuer and the Swing Line Lender, and the Singapore Loan Agent in the
case of a Singapore Lender (which approvals shall not be unreasonably withheld), the Parent may
also invite additional Eligible Assignees to become Lenders pursuant to a joinder agreement in form
and substance satisfactory to the Administrative Agent and its counsel. The Applicable Margin for
the new Commitments shall be determined by Parent and the applicable new Lenders; provided,
however, that the Applicable Margin for the new Commitments shall not be greater than the
Applicable Margin for the existing Commitments (and the Applicable Margin applicable to the
existing Commitments shall be increased to the extent necessary to achieve the foregoing).

     (d) Effective Date and Allocations. If the Aggregate Commitments are increased in
accordance with this Section, the Administrative Agent and the Parent shall determine the effective
date (the “Increase Effective Date”) and the final allocation of such increase, including any increases in the Letter of Credit Sublimit, the Singapore Sublimit or the Swing Line
Sublimit. The Administrative Agent shall promptly notify the Borrowers and the Lenders of the
final allocation of such increase and the Increase Effective Date.

     (e) Conditions to Effectiveness of Increase. As a condition precedent to such
increase, the Borrowers shall deliver to the Administrative Agent a certificate of each Loan Party
dated as of the Increase Effective Date (in sufficient copies for each Lender) signed by a
Responsible Officer of such Loan Party (i) certifying and attaching the resolutions adopted by

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such Loan Party (if applicable) approving or consenting to such increase, and (ii) in the case of the
Borrowers, certifying that, before and after giving effect to such increase, (A) the
representations and warranties contained in Article V and the other Loan Documents are true
and correct on and as of the Increase Effective Date, except to the extent that such
representations and warranties specifically refer to an earlier date, in which case they are true
and correct as of such earlier date, and except that for purposes of this Section 2.15, the
representations and warranties contained in subsections (a) and (b) of Section 5.05 shall
be deemed to refer to the most recent statements furnished pursuant to clauses (a) and (b),
respectively, of Section 6.01, and (B) no Default exists. The U.S. Borrowers shall prepay
any Committed Loans which are U.S. Loans, and Harris Singapore shall prepay any Committed Loans
which are Singapore Loans, outstanding on the Increase Effective Date (and pay any additional
amounts required pursuant to Section 3.05) to the extent necessary to keep the outstanding
Committed Loans ratable with any revised Applicable Percentages arising from any nonratable
increase in the Commitments under this Section.

     (f) Conflicting Provisions. This Section shall supersede any provisions in
Section 2.13 or 10.01 to the contrary.

     2.15 Designated Borrowers; Relationship Among Borrowers. (a) Effective as of the date hereof each
of Opco and Harris Singapore shall be a “Designated Borrower” hereunder and may receive Loans for
its account on the terms and conditions set forth in this Agreement. The Parent may at any time,
upon not less than 15 Business Days’ notice to the Administrative Agent (or such shorter period as
may be agreed by the Administrative Agent in its sole discretion), designate any additional
Subsidiary of the Parent (an “Applicant Borrower”) as a Designated Borrower to
receive Loans and request Letters of Credit hereunder by delivering to the Administrative Agent
(which shall promptly deliver counterparts thereof to each Lender) a duly executed notice and
agreement in substantially the form of Exhibit H (a “Designated Borrower Request and
Assumption Agreement”). The parties hereto acknowledge and agree that prior to any Applicant
Borrower becoming entitled to utilize the credit facilities provided for herein the Administrative
Agent, Singapore Loan Agent (as applicable) and the Lenders shall have received such supporting
resolutions, incumbency certificates, opinions of counsel and other documents or information, in
form, content and scope reasonably satisfactory to the Administrative Agent, as may be required by
the Administrative Agent, Singapore Loan Agent or the Required Lenders in their sole discretion,
and Notes signed by such new Borrowers to the extent any Lenders so require. If the Administrative
Agent and the Required Lenders agree that an Applicant Borrower shall be entitled to receive Loans
and request Letters of Credit hereunder, then promptly following receipt of all such requested
resolutions, incumbency certificates, opinions of counsel and other documents or information, the Administrative Agent shall send a notice in substantially the form of Exhibit I (a
“Designated Borrower Notice”) to the Parent, Singapore Loan Agent (if applicable) and the
Lenders specifying the effective date upon which the Applicant Borrower shall constitute a
Designated Borrower for purposes hereof, whereupon each of the Lenders agrees to permit such
Designated Borrower to receive Loans hereunder, on the terms and conditions set forth herein, and
each of the parties agrees that such Designated Borrower otherwise shall be a Borrower for all
purposes of this Agreement; provided that no Committed Loan Notice or Letter of Credit
Application may be submitted by or on behalf of such Designated Borrower until the date five
Business Days after such effective date.

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     (b) The Obligations of the Parent and each Designated Borrower that is a Domestic Subsidiary
shall be joint and several in nature. The Obligations of all Designated Borrowers that are Foreign
Subsidiaries shall be several in nature. 

     (c) Each Subsidiary of the Parent that is a “Designated Borrower” pursuant to this Section
2.15 hereby irrevocably appoints the Parent as its agent for all purposes relevant to this
Agreement and each of the other Loan Documents, including (i) the giving and receipt of notices,
(ii) the execution and delivery of all documents, instruments and certificates contemplated herein
and all modifications hereto, and (iii) the receipt of the proceeds of any Loans made by the
Lenders to any such Designated Borrower hereunder. Any acknowledgment, consent, direction,
certification or other action which might otherwise be valid or effective only if given or taken by
all Borrowers, or by each Borrower acting singly, shall be valid and effective if given or taken
only by the Parent, whether or not any such other Borrower joins therein. Any notice, demand,
consent, acknowledgement, direction, certification or other communication delivered to the Parent
in accordance with the terms of this Agreement shall be deemed to have been delivered to each
Designated Borrower.

     2.16 Joint and Several Liability of Borrowers.

     Subject to Section 2.15(b), and with the understanding that Harris Singapore will not
be construed as a “Borrower” for purposes of assessing liability for any Obligation of a U.S.
Borrower hereunder:

     (a) Each Borrower is accepting joint and several liability hereunder and under the other Loan
Documents in consideration of the financial accommodations to be provided by the Lenders under this
Agreement, for the mutual benefit, directly and indirectly, of each Borrower and in consideration
of the undertakings of the other Borrowers to accept joint and several liability for the
Obligations.

     (b) 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 Section 2.16), it being the intention of the
parties hereto that all the Obligations shall be the joint and several obligations of each Borrower
without preferences or distinction among them.

     (c) If and to the extent that any Borrower 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.

     (d) The Obligations of each Borrower under the provisions of this Section 2.16
constitute the absolute and unconditional, full recourse Obligations of each Borrower enforceable
against each Borrower to the full extent of its properties and assets, irrespective of the
validity, regularity or enforceability of this Agreement or any other circumstances whatsoever.

     (e) Except as otherwise expressly provided in this Agreement, each Borrower hereby waives
notice of acceptance of its joint and several liability, notice of any Loan or Letter of

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Credit issued under or pursuant to this Agreement, notice of the occurrence of any Default, Event of
Default, or of any demand for any payment under this Agreement, notice of any action at any time
taken or omitted by the Administrative Agent or Lenders under or in respect of any of the
Obligations, any requirement of diligence or to mitigate damages and, generally, to the extent
permitted by applicable law, all demands, notices and other formalities of every kind in connection
with this Agreement (except as otherwise provided in this Agreement). Each Borrower 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 Administrative Agent or
Lenders at any time or times in respect of any default by any Borrower in the performance or
satisfaction of any term, covenant, condition or provision of this Agreement, any and all other
indulgences whatsoever by the Administrative Agent or 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 Borrower. 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 Administrative Agent or any
Lender with respect to the failure by any Borrower 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 Section 2.16 afford grounds for terminating,
discharging or relieving any Borrower, in whole or in part, from any of its Obligations under this
Section 2.16, it being the intention of each Borrower that, so long as any of the
Obligations hereunder remain unsatisfied, the Obligations of each Borrower under this Section
2.16 shall not be discharged except by performance and then only to the extent of such
performance. The Obligations of each Borrower under this Section 2.16 shall not be
diminished or rendered unenforceable by any winding up, reorganization, arrangement, liquidation,
examination, reconstruction or similar proceeding with respect to any Borrower or the
Administrative Agent or any Lender.

     (f) Each Borrower represents and warrants to the Administrative Agent and Lenders that such
Borrower is currently informed of the financial condition of Borrowers and of all other
circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of
the Obligations. Each Borrower further represents and warrants to the Administrative Agent and
Lenders that such Borrower has read and understands the terms and conditions of the Loan Documents.
Each Borrower hereby covenants that such Borrower will continue to keep informed of Borrowers’ financial condition, the financial condition of other
guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or
nonperformance of the Obligations.

     (g) The provisions of this Section 2.16 are made for the benefit of the Administrative
Agent, Lenders and their respective successors and assigns, and may be enforced by it or them from
time to time against any or all Borrowers as often as occasion therefor may arise and without
requirement on the part of any such Administrative Agent, Lender, successor or assign first to
marshal any of its or their claims or to exercise any of its or their rights against any Borrower
or to exhaust any remedies available to it or them against any 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 Section 2.16 shall remain in effect until all of the

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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 any Lender upon the insolvency,
bankruptcy or reorganization of any Borrower, or otherwise, the provisions of this Section
2.16 will forthwith be reinstated in effect, as though such payment had not been made.

     (h) Each Borrower hereby agrees that it will not enforce any of its rights of contribution or
subrogation against any other Borrower with respect to any liability incurred by it hereunder or
under any of the other Loan Documents, any payments made by it to the Administrative Agent or
Lenders with respect to any of the Obligations or any collateral security therefor until such time
as all of the Obligations have been paid in full in cash. Any claim which any Borrower may have
against any other Borrower with respect to any payments to the Administrative Agent or Lenders
hereunder or under any other Loan Documents 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 in cash of the Obligations and, in the event of any
insolvency, bankruptcy, receivership, liquidation, examination, 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 in cash before any
payment or distribution of any character, whether in cash, securities or other property, shall be
made to any other Borrower therefor.

     (i) Each Borrower hereby agrees that, after the occurrence and during the continuance of any
Default or Event of Default, 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 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, such
amounts shall be collected, enforced and received by such Borrower as trustee for the
Administrative Agent, and such Borrower shall deliver any such amounts to the Administrative Agent
for application to the Obligations in accordance with this Agreement.

ARTICLE III.

TAXES, YIELD PROTECTION AND ILLEGALITY

     3.01 Taxes.

     (a) Payments Free of Taxes; Obligation to Withhold; Payments on Account of Taxes. (i)
Any and all payments by or on account of any obligation of the respective Borrowers hereunder or
under any other Loan Document shall to the extent permitted by applicable Laws be made free and
clear of and without reduction or withholding for any Taxes. If, however, applicable Laws require
any Borrower or any Agent to withhold or deduct any Tax, such Tax shall be withheld or deducted in
accordance with such Laws as determined by such Borrower or such Agent, as the case may be, upon
the basis of the information and documentation to be delivered pursuant to subsection (e) below.

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     (ii) If any Borrower or Agent shall be required by the Code or tax law of any other
jurisdiction to withhold or deduct any Taxes, including both United States Federal backup
withholding and withholding taxes, from any payment, then (A) the applicable Agent shall
withhold or make such deductions as are determined by such Agent to be required based upon
the information and documentation it has received pursuant to subsection (e) below, (B) the
applicable Agent shall timely pay the full amount withheld or deducted to the relevant
Governmental Authority in accordance with the Code, and (C) to the extent that the
withholding or deduction is made on account of Indemnified Taxes or Other Taxes, the sum
payable by the Borrowers shall be increased as necessary so that after any required
withholding or the making of all required deductions (including deductions applicable to
additional sums payable under this Section) the Administrative Agent, Singapore Loan Agent,
Lender or L/C Issuer, as the case may be, receives an amount equal to the sum it would have
received had no such withholding or deduction been made.

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

     (c) Tax Indemnifications. (i) Without limiting the provisions of subsection (a) or
(b) above, the Borrowers shall, and each does hereby, indemnify the Administrative Agent, the
Singapore Loan Agent, each Lender and the L/C Issuer, and shall make payment in respect thereof
within 10 days after demand therefor, for the full amount of any Indemnified Taxes or Other Taxes
(including Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts
payable under this Section) withheld or deducted by the Borrowers or the Administrative Agent or
paid by the Administrative Agent, Singapore Loan Agent, such Lender or the L/C Issuer, as the case
may be, and any penalties, interest and reasonable expenses arising therefrom or with respect
thereto, whether or not such Indemnified Taxes or Other Taxes were correctly or legally imposed or
asserted by the relevant Governmental Authority. The Borrowers shall also, and do hereby,
indemnify the Agents, and shall make payment in respect thereof within 10 days after demand
therefor, for any amount which a Lender or the L/C Issuer for any reason fails to pay indefeasibly
to either Agent as required by clause (ii) of this subsection. A certificate as to the amount of
any such payment or liability delivered to the Parent by a Lender or the L/C Issuer (with a copy to
the Administrative Agent), or by the Administrative Agent or Singapore Loan Agent on its own behalf
or on behalf of a Lender or the L/C Issuer, shall be conclusive absent manifest error.

     (ii) Without limiting the provisions of subsection (a) or (b) above, each Lender and
the L/C Issuer shall, and does hereby, indemnify the Borrowers and the Agents, and shall
make payment in respect thereof within 10 days after demand therefor, against any and all
Taxes and any and all related losses, claims, liabilities, penalties, interest and expenses
(including the fees, charges and disbursements of any counsel for the Borrowers or the
Agents) incurred by or asserted against the Borrowers or any Agent by any Governmental
Authority as a result of the failure by such Lender or the L/C Issuer, as the case may be,
to deliver, or as a result of the inaccuracy, inadequacy or deficiency of, any documentation
required to be delivered by such Lender or the L/C Issuer, as the case may be, to the
Borrowers or the applicable Agent pursuant to

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subsection (e). Each Lender and the L/C Issuer hereby authorizes the applicable Agent to
set off and apply any and all amounts at any time owing to such Lender or the L/C Issuer, as
the case may be, under this Agreement or any other Loan Document against any amount due to
the applicable Agent under this clause (ii). The agreements in this clause (ii) shall
survive the resignation and/or replacement of the Administrative Agent or Singapore Loan
Agent, any assignment of rights by, or the replacement of, a Lender or the L/C Issuer, the
termination of the Aggregate Commitments and the repayment, satisfaction or discharge of all
other Obligations.

     (d) Evidence of Payments. Upon request by the Borrowers or the Administrative Agent,
as the case may be, after any payment of Taxes by the Borrowers or by an Agent to a Governmental
Authority as provided in this Section 3.01, the Borrowers shall deliver to the
Administrative Agent or the Administrative Agent shall deliver to the Borrowers, as the case may
be, the original or a certified copy of a receipt issued by such Governmental Authority evidencing
such payment, a copy of any return required by Laws to report such payment or other evidence of
such payment reasonably satisfactory to the Borrowers or the applicable Agent, as the case may be.

     (e) Status of Lenders; Tax Documentation. (i) Each Lender shall deliver to the
Borrowers and to the Administrative Agent, at the time or times prescribed by applicable Laws or
when reasonably requested by the Borrowers or the Administrative Agent, such properly completed and
executed documentation prescribed by applicable Laws or by the taxing authorities of any
jurisdiction and such other reasonably requested information as will permit the Borrowers or the
Administrative Agent, as the case may be, to determine (A) whether or not payments made hereunder
or under any other Loan Document are subject to Taxes, (B) if applicable, the required rate of
withholding or deduction, and (C) such Lender’s entitlement to any available exemption from, or
reduction of, applicable Taxes in respect of all payments to be made to such Lender by the
Borrowers pursuant to this Agreement or otherwise to establish such Lender’s status for withholding
tax purposes in the applicable jurisdiction.

     (ii) Without limiting the generality of the foregoing, if any Borrower is resident for
tax purposes in the United States,

     (A) any Lender that is a “United States person” within the meaning of Section
7701(a)(30) of the Code shall deliver to such Borrower and the Administrative Agent
executed originals of Internal Revenue Service Form W-9 or such other documentation
or information prescribed by applicable Laws or reasonably requested by the
Borrowers or the Administrative Agent as will enable the Borrowers or the
Administrative Agent, as the case may be, to determine whether or not such Lender is
subject to backup withholding or information reporting requirements; and

     (B) each Foreign Lender that is entitled under the Code or any applicable
treaty to an exemption from or reduction of withholding tax with respect to payments
hereunder or under any other Loan Document shall deliver to the Borrowers and the
Administrative Agent (in such number of copies as shall be requested by the
recipient) on or prior to the date on which such Foreign Lender

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becomes a Lender under this Agreement (and from time to time thereafter upon
the request of the Borrowers or the Administrative Agent, but only if such Foreign
Lender is legally entitled to do so), whichever of the following is applicable:

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

     (II) executed originals of Internal Revenue Service Form W-8ECI,

     (III) executed originals of Internal Revenue Service Form W-8IMY and
all required supporting documentation,

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

     (V) executed originals of any other form prescribed by applicable Laws
as a basis for claiming exemption from or a reduction in United States
Federal withholding tax together with such supplementary documentation as
may be prescribed by applicable Laws to permit the Borrowers or the
Administrative Agent to determine the withholding or deduction required to
be made.

     (iii) Each Lender shall promptly (A) notify the Parent and the Administrative Agent of
any change in circumstances which would modify or render invalid any claimed exemption or
reduction, and (B) take such steps as shall not be materially disadvantageous to it, in the
reasonable judgment of such Lender, and as may be reasonably necessary (including the
re-designation of its Lending Office) to avoid any requirement of applicable Laws of any
jurisdiction that any Borrower or the Administrative Agent make any withholding or deduction
for taxes from amounts payable to such Lender.

     (f) Treatment of Certain Refunds. Unless required by applicable Laws, at no time
shall either Agent have any obligation to file for or otherwise pursue on behalf of a Lender or the
L/C Issuer, or have any obligation to pay to any Lender or the L/C Issuer, any refund of Taxes
withheld or deducted from funds paid for the account of such Lender or the L/C Issuer, as the case
may be. If any Agent, any Lender or the L/C Issuer determines, in its sole discretion, that it has
received a refund of any Taxes or Other Taxes as to which it has been indemnified by the Borrowers
or with respect to which the Borrowers have paid additional amounts pursuant to this Section, it
shall pay to the Borrowers an amount equal to such refund (but only to the extent of

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

     (g) Goods and Services Tax. Each Borrower shall also pay to each of the
Administrative Agent, the Singapore Loan Agent, each Lender and the L/C Issuer, as the case may be,
on demand, in addition to any amount payable by the Borrower to such Agent, Lender or L/C Issuer,
as the case may be, under a Loan Document, any goods and services, value added or similar Tax
payable in respect of that amount (and references in that Loan Document to that amount shall be
deemed to include any such Taxes payable in addition to it).

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

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

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receipt of such notice, the Borrowers may revoke any pending request for
a Borrowing of, conversion to or continuation of Eurodollar Rate Loans or, failing that, will be
deemed to have converted such request into a request for a Committed Borrowing of Base Rate Loans
in the amount specified therein.

     3.04 Increased Costs; Reserves on Eurodollar Rate Loans.

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

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

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

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

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

     (b) Capital Requirements. If any Lender or the L/C Issuer determines that any Change
in Law affecting such Lender or the L/C Issuer or any Lending Office of such Lender or such
Lender’s or the L/C Issuer’s holding company, if any, regarding capital requirements has or would
have the effect of reducing the rate of return on such Lender’s or the L/C Issuer’s capital or on
the capital of such Lender’s or the L/C Issuer’s holding company, if any, as a consequence of this
Agreement, the Commitments of such Lender or the Loans made by, or participations in Letters of
Credit held by, such Lender, or the Letters of Credit issued by the L/C Issuer, to a level below
that which such Lender or the L/C Issuer or such Lender’s or the L/C Issuer’s holding company could
have achieved but for such Change in Law (taking into consideration such Lender’s or the L/C Issuer’s
policies and the policies of such Lender’s or the L/C Issuer’s
holding company with respect to capital adequacy), then from time to time the Borrowers (subject to
Section 2.15(b)) will pay to such Lender or the L/C Issuer, as the case may be, such

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additional amount or amounts as will compensate such Lender or the L/C Issuer or such Lender’s or
the L/C Issuer’s holding company for any such reduction suffered.

     (c) Certificates for Reimbursement. A certificate of a Lender or the L/C Issuer
setting forth the amount or amounts necessary to compensate such Lender or the L/C Issuer or its
holding company, as the case may be, as specified in subsection (a) or (b) of this Section and
delivered to the Parent shall be conclusive absent manifest error. The Borrowers (subject to
Section 2.15(b)) shall pay such Lender or the L/C Issuer, as the case may be, the amount
shown as due on any such certificate within 10 days after receipt thereof.

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

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

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

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

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

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

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including any loss of anticipated profits and any loss or expense arising from the liquidation or
reemployment of funds obtained by it to maintain such Loan or from fees payable to terminate the
deposits from which such funds were obtained. The Borrowers shall also pay any customary
administrative fees charged by such Lender in connection with the foregoing. Notwithstanding
anything contained in this Section 3.05 to the contrary, Harris Singapore shall have no
obligation with respect to any loss, cost or expense to the extent attributable to U.S. Loans.

For purposes of calculating amounts payable by the Borrowers to the Lenders under this Section
3.05, each Lender shall be deemed to have funded each Eurodollar Rate Loan made by it at the
Eurodollar Rate for such Loan by a matching deposit or other borrowing in the London interbank
eurodollar market for a comparable amount and for a comparable period, whether or not such
Eurodollar Rate Loan was in fact so funded.

     3.06 Mitigation Obligations; Replacement of Lenders.

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

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

     3.07 Survival. All of the Borrowers’ obligations under this Article III shall survive
termination of the Aggregate Commitments, repayment of all other Obligations hereunder, and
resignation of the Administrative Agent.

ARTICLE IV.

CONDITIONS PRECEDENT TO CREDIT EXTENSIONS

     4.01 Conditions of Initial Credit Extension. The obligation of the L/C Issuer and each Lender
to make its initial Credit Extension hereunder is subject to satisfaction of the following
conditions precedent:

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

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

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

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

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

     (v) a favorable opinion, addressed to the Administrative Agent, Singapore Loan Agent
and each Lender, of (A) in-house counsel to the U.S. Borrowers and Guarantors as to the
matters set forth in Sections 5.01(a), (b) and (c) hereof, (B) Morrison & Foerster LLP,
outside counsel to the Loan Parties as to the other matters set forth in Exhibit G
and such other matters concerning the Loan Parties and the Loan Documents as the Required
Lenders may reasonably request, and (C) Arfat Selvam Alliance, LLC, Singapore counsel to
Harris Singapore as to the matters set forth in Exhibit G applicable to Harris
Singapore and such other matters of Singapore law as the Required Lenders may reasonably
request;

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

     (vii) a certificate signed by a Responsible Officer of each Borrower certifying (A)
that the conditions specified in Sections 4.02(a) and (b) have been
satisfied, and (B) that there has been no event or circumstance since the date of the
Audited Financial

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Statements that has had or could be reasonably expected to have, either
individually or in the aggregate, a Material Adverse Effect;

     (viii) a duly completed Compliance Certificate as of the last day of the fiscal quarter
of the Parent ended on March 28, 2008, signed by a Responsible Officer of the Parent;

     (ix) evidence that all insurance required to be maintained pursuant to the Loan
Documents has been obtained and is in effect;

     (x) evidence that the Existing Credit Agreement has been or concurrently with the
Closing Date is being terminated and all Liens securing obligations under the Existing
Credit Agreement have been or concurrently with the Closing Date are being released, and the
Existing Letters of Credit have been made subject to a separate reimbursement agreement with
Silicon Valley Bank; and

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

     (b) Any fees required to be paid on or before the Closing Date shall have been paid.

     (c) Unless waived by the Administrative Agent, the Borrowers shall have paid all fees, charges
and disbursements of counsel to the Administrative Agent (directly to such counsel if requested by
the Administrative Agent) to the extent invoiced prior to or on the Closing Date, plus such
additional amounts of such fees, charges and disbursements as shall constitute its reasonable
estimate of such fees, charges and disbursements incurred or to be incurred by it through the
closing proceedings (provided that such estimate shall not thereafter preclude a final settling of
accounts between the Borrowers and the Administrative Agent).

     (d) The Closing Date shall have occurred on or before June 30, 2008.

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

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

     (a) The representations and warranties of the Borrowers contained in Article V or any
other Loan Document, or which are contained in any document furnished at any time under or in
connection herewith or therewith, shall be true and correct on and as of the date of such Credit

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Extension, except to the extent that such representations and warranties specifically refer to an
earlier date, in which case they shall be true and correct as of such earlier date, and except that
for purposes of this Section 4.02, the representations and warranties contained in
subsections (a) and (b) of Section 5.05 shall be deemed to refer to the most recent
statements furnished pursuant to clauses (a) and (b), respectively, of Section 6.01.

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

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

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

ARTICLE V.

REPRESENTATIONS AND WARRANTIES

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

     5.01 Existence, Qualification and Power. Each Loan Party and each Material Subsidiary thereof
(a) is duly organized or formed, validly existing and, as applicable, in good standing under the
Laws of the jurisdiction of its incorporation or organization, (b) has all requisite power and
authority and all requisite governmental licenses, authorizations, consents and approvals to (i)
own or lease its assets and carry on its business and (ii) execute, deliver and perform its
obligations under the Loan Documents to which it is a party, and (c) is duly qualified and is
licensed and, as applicable, in good standing under the Laws of each jurisdiction where its
ownership, lease or operation of properties or the conduct of its business requires such
qualification or license; except in each case referred to in clause (b)(i) or (c), to the extent
that failure to do so could not reasonably be expected to have a Material Adverse Effect.

     5.02 Authorization; No Contravention. The execution, delivery and performance by each Loan Party of each Loan Document to which such
Person is party, have been duly authorized by all necessary corporate or other organizational
action, and do not and will not (a) contravene the terms of any of such Person’s Organization
Documents; (b) conflict with or result in any breach or contravention of, or the creation of any
Lien under, or require any payment to be made under (i) any Contractual Obligation to which such
Person is a party or affecting such Person or the properties of such Person or any of its
Subsidiaries or (ii) any order, injunction, writ or decree of any Governmental Authority or any
arbitral award to which such Person or its property is subject; or (c) violate any Law.

     5.03 Governmental Authorization; Other Consents. No approval, consent, exemption,
authorization, or other action by, or notice to, or filing with, any Governmental

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Authority or any other Person is necessary or required in connection with the execution, delivery or performance by,
or enforcement against, any Loan Party of this Agreement or any other Loan Document, except such as
have been obtained.

     5.04 Binding Effect. This Agreement has been, and each other Loan Document, when delivered
hereunder, will have been, duly executed and delivered by each Loan Party that is party thereto.
This Agreement constitutes, and each other Loan Document when so delivered will constitute, a
legal, valid and binding obligation of such Loan Party, enforceable against each Loan Party that is
party thereto in accordance with its terms, except as the same may be limited by Laws applicable to
creditors’ rights generally and principles of equity.

     5.05 Financial Statements; No Material Adverse Effect.

     (a) The Audited Financial Statements (i) were prepared in accordance with GAAP consistently
applied throughout the period covered thereby, except as otherwise expressly noted therein; (ii)
fairly present the financial condition of the Parent and its Subsidiaries as of the date thereof
and their results of operations for the period covered thereby in accordance with GAAP consistently
applied throughout the period covered thereby, except as otherwise expressly noted therein; and
(iii) show all material indebtedness and other liabilities, direct or contingent, of the Parent and
its Subsidiaries as of the date thereof, including liabilities for taxes, material commitments and
Indebtedness.

     (b) The unaudited consolidated balance sheet of the Parent and its Subsidiaries dated March
28, 2008, and the related consolidated statements of income or operations, shareholders’ equity and
cash flows for the fiscal quarter ended on that date (i) were prepared in accordance with GAAP
consistently applied throughout the period covered thereby, except as otherwise expressly noted
therein, and (ii) fairly present the financial condition of the Parent and its Subsidiaries as of
the date thereof and their results of operations for the period covered thereby, subject, in the
case of clauses (i) and (ii), to the absence of footnotes and to normal year-end audit adjustments.
Schedule 5.05 sets forth all material indebtedness and other liabilities, direct or
contingent, of the Parent and its consolidated Subsidiaries as of the date of such financial
statements, not already shown on such financial statements or the footnotes thereto, including
liabilities for taxes, material commitments and Indebtedness.

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

     5.06 Litigation. There are no actions, suits, proceedings, claims or disputes pending or, to
the knowledge of the Borrowers after due and diligent investigation, threatened or contemplated, at
law, in equity, in arbitration or before any Governmental Authority, by or against the Borrowers or
any of their Subsidiaries or against any of their properties or revenues that (a) purport to affect
or pertain to this Agreement or any other Loan Document, or (b) except as specifically disclosed in
Schedule 5.06, either individually or in the aggregate, if determined adversely, could
reasonably be expected to have a Material Adverse Effect.

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     5.07 No Default. Neither any Loan Party nor any Subsidiary thereof is in default under or
with respect to any Contractual Obligation that could, either individually or in the aggregate,
reasonably be expected to have a Material Adverse Effect. No Default has occurred and is
continuing or would result from the consummation of the transactions contemplated by this Agreement
or any other Loan Document.

     5.08 Ownership of Property; Liens. Each Borrower and each of its Material Subsidiaries has
good record and marketable title in fee simple to, or valid leasehold interests in, all real
property necessary or used in the ordinary conduct of its business, except for such defects in
title as could not, individually or in the aggregate, reasonably be expected to have a Material
Adverse Effect. The property of the Borrowers and their Subsidiaries is subject to no Liens, other
than Liens permitted by Section 7.01.

     5.09 Environmental Compliance. The Borrowers and their Subsidiaries are not aware of, nor do
they expect, any circumstances whereby a violation of any existing Environmental Laws has occurred,
or may occur, nor are there any claims alleging potential liability or responsibility for violation
of any Environmental Law on their respective businesses, operations and properties, except as
specifically disclosed in Schedule 5.09, and that such Environmental Laws and claims could
not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

     5.10 Insurance. The properties of the Borrowers and their Subsidiaries are insured with
financially sound and reputable insurance companies not Affiliates of the Borrowers, in such
amounts, with such deductibles and covering such risks as are customarily carried by companies
engaged in similar businesses and owning similar properties in localities where the Borrower or the applicable
Subsidiary operates.

     5.11 Taxes. The Borrowers and their Subsidiaries have filed all Federal, state and other
material tax returns and reports required to be filed, and have paid all Federal, state and other
material taxes, assessments, fees and other governmental charges levied or imposed upon them or
their properties, income or assets otherwise due and payable, except those which are being
contested in good faith by appropriate proceedings diligently conducted and for which adequate
reserves have been provided in accordance with GAAP. There is no proposed tax assessment against
any Borrower or any Subsidiary that would, if made, have a Material Adverse Effect. Neither any
Loan Party nor any Subsidiary thereof is party to any tax sharing agreement other than the Tax
Sharing Agreement dated January 26, 2007, between Parent and Harris Corporation.

     5.12 ERISA Compliance.

     (a) Each Plan is in compliance in all material respects with the applicable provisions of
ERISA, the Code and other Federal or state Laws. Each Plan that is intended to qualify under
Section 401(a) of the Code has received a favorable determination letter from the IRS or an
application for such a letter is currently being processed by the IRS with respect thereto and, to
the best knowledge of the Borrowers, nothing has occurred which would prevent, or cause the loss
of, such qualification. The Borrowers and each ERISA Affiliate have made all required
contributions to each Plan subject to Section 412 of the Code, and no application for a funding

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waiver or an extension of any amortization period pursuant to Section 412 of the Code has been made
with respect to any Plan.

     (b) There are no pending or, to the best knowledge of the Borrowers, threatened claims,
actions or lawsuits, or action by any Governmental Authority, with respect to any Plan that could
reasonably be expected to have a Material Adverse Effect. There has been no prohibited transaction
or violation of the fiduciary responsibility rules with respect to any Plan that has resulted or
could reasonably be expected to result in a Material Adverse Effect.

     (c) (i) No ERISA Event has occurred or is reasonably expected to occur; (ii) no Pension Plan
has any Unfunded Pension Liability; (iii) neither the Borrowers nor any ERISA Affiliate has
incurred, or reasonably expects to incur, any liability under Title IV of ERISA with respect to any
Pension Plan (other than premiums due and not delinquent under Section 4007 of ERISA); (iv) neither
the Borrowers nor any ERISA Affiliate has incurred, or reasonably expects to incur, any liability
(and no event has occurred which, with the giving of notice under Section 4219 of ERISA, would
result in such liability) under Section 4201 or 4243 of ERISA with respect to a Multiemployer Plan;
and (v) neither the Borrowers nor any ERISA Affiliate has engaged in a transaction that could be
subject to Section 4069 or 4212(c) of ERISA.

     5.13 Subsidiaries; Equity Interests. The Parent has no Subsidiaries other than those
specifically disclosed in Part (a) of Schedule 5.13, and all of the outstanding Equity
Interests in such Subsidiaries have been validly issued, are fully paid and nonassessable and are
owned by a Loan Party in the amounts specified
on Part (a) of Schedule 5.13 free and clear of all Liens. The Borrowers have no
equity investments in any other corporation or entity other than those specifically disclosed in
Part(b) of Schedule 5.13, or as may be included in general investments in mutual funds and
other securities considered to be equity investments. All of the outstanding Equity Interests in
the Borrowers have been validly issued, and are fully paid and nonassessable.

     5.14 Margin Regulations; Investment Company Act.

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

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

     5.15 Disclosure. The Borrowers have disclosed to the Administrative Agent and the Lenders all
agreements, instruments and corporate or other restrictions to which they or any of their
Subsidiaries is subject, and all other matters known to them, that, individually or in the
aggregate, could reasonably be expected to result in a Material Adverse Effect. No report,
financial statement, certificate or other information furnished (whether in writing or orally) by
or on behalf of any Loan Party to the Administrative Agent or any Lender in connection with the
transactions contemplated hereby and the negotiation of this Agreement or delivered hereunder or
under any other Loan Document (in each case, as modified or supplemented by other

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information so furnished) contains any material misstatement of fact or omits to state any material fact necessary
to make the statements therein, in the light of the circumstances under which they were made, not
misleading; provided that, with respect to projected financial information, the Borrowers
represent only that such information was prepared in good faith based upon assumptions believed to
be reasonable at the time.

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

     5.17 Taxpayer Identification Number. Each U.S. Borrower’s true and correct U.S. taxpayer
identification number is set forth on Schedule 5.17. The true and correct company
registration number for Harris Singapore is set forth in the preamble hereto.

     5.18 Intellectual Property; Licenses, Etc. The Parent and its Subsidiaries own, or possess
the right to use, all of the trademarks, service marks, trade names, copyrights, patents, patent
rights, franchises, licenses and other intellectual property rights (collectively, “IP
Rights”) that are reasonably necessary for the operation of their respective businesses,
without conflict with the rights of any other Person. To the best knowledge of the Borrowers, no
slogan or other advertising device, product, process, method, substance, part or other material now
employed, or now contemplated to be employed, by the Borrowers or any Subsidiary infringes upon any
rights held by any other Person, which infringement could have a Material Adverse Effect. Except
as specifically disclosed in Schedule 5.18, no claim or litigation regarding any of the
foregoing is pending or, to the best knowledge of the Borrowers, threatened, which, either
individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

ARTICLE VI.

AFFIRMATIVE COVENANTS

     So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation
hereunder shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding, the
Parent shall (in the case of the covenants set forth in Sections 6.01 and 6.02(a), (b), (c)
and (d), and the Borrowers shall (in the case of the other covenants set forth in this Article
VI), and shall (except in the case of the covenants set forth in Sections 6.01,
6.02, and 6.03) cause each Material Subsidiary to:

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

     (a) as soon as available, but in any event within 90 days after the end of each fiscal year of
the Parent (commencing with the fiscal year ended June 28, 2008), a consolidated balance sheet of
the Parent and its Subsidiaries as at the end of such fiscal year, and the related consolidated
statements of income or operations, changes in shareholders’ equity, and cash flows

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for such fiscal year, setting forth in each case in comparative form the figures for the previous fiscal year, all
in reasonable detail and prepared in accordance with GAAP, audited and accompanied by a report and
opinion of an independent certified public accountant of nationally recognized standing reasonably
acceptable to the Required Lenders, which report and opinion shall be prepared in accordance with
generally accepted auditing standards and shall not be subject to any “going concern” or like
qualification or exception or any qualification or exception as to the scope of such audit;

     (b) as soon as available, but in any event within 45 days after the end of each of the first
three fiscal quarters of each fiscal year of the Parent (commencing with the fiscal quarter ended
March 28, 2008), a consolidated balance sheet of the Parent and its Subsidiaries as at the end of
such fiscal quarter, the related consolidated statements of income or operations for such fiscal
quarter and for the portion of the Parent’s fiscal year then ended, and the related consolidated
statements of changes in shareholders’ equity, and cash flows
for the portion of the Parent’s fiscal year then ended, in each case setting forth in comparative form, as
applicable, the figures for the corresponding fiscal quarter of the previous fiscal year and the
corresponding portion of the previous fiscal year, all in reasonable detail, certified by the chief
executive officer, chief financial officer, treasurer or controller of the Parent as fairly
presenting the financial condition, results of operations, shareholders’ equity and cash flows of
the Parent and its Subsidiaries in accordance with GAAP, subject only to normal year-end audit
adjustments and the absence of footnotes; and

     (c) as soon as available, but in any event at least 45 days after the end of each fiscal year
of the Parent, forecasts prepared by management of the Parent, in form satisfactory to the
Administrative Agent and the Required Lenders, of consolidated balance sheets and statements of
income or operations and cash flows of the Parent and its Subsidiaries on a quarterly basis for the
immediately following fiscal year (including the fiscal year in which the Maturity Date occurs).

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

     (a) concurrently with the delivery of the financial statements referred to in Sections
6.01(a) and (b), a duly completed Compliance Certificate signed by the chief executive
officer, chief financial officer, treasurer or controller of the Parent;

     (b) promptly after any request by the Administrative Agent or any Lender, copies of any
detailed audit reports, management letters or recommendations submitted to the board of directors
(or the audit committee of the board of directors) of the Parent by independent accountants in
connection with the accounts or books of the Parent or any Material Subsidiary;

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

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     (d) promptly, and in any event within five Business Days after receipt thereof by any Loan
Party or any Material Subsidiary thereof, copies of each notice or other correspondence received
from the SEC (or comparable agency in any applicable non-U.S. jurisdiction) concerning any
investigation or possible investigation or other inquiry by such agency regarding financial or
other operational results of any Loan Party or any Material Subsidiary thereof; and

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

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

     The Borrowers hereby acknowledge that (a) the Administrative Agent and/or the Arranger will
make available to the Lenders and the L/C Issuer materials and/or information provided by or on
behalf of the Borrowers hereunder (collectively, “Borrower Materials”) by posting the
Borrower Materials on IntraLinks or another similar electronic system (the “Platform”) and
(b) certain of the Lenders (each, a “Public Lender”) may have personnel who do not wish to
receive material non-public information with respect to the Borrowers or their Affiliates, or the
respective securities of any of the foregoing, and who may be engaged in investment and other
market-related activities with respect to such Persons’ securities. 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” 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 Arranger, the L/C Issuer
and the Lenders to treat such Borrower Materials as not containing any material non-public
information with respect to the Borrowers or their securities for purposes of United States Federal
and state securities laws (provided,

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however, that to the extent such Borrower
Materials constitute Information, they shall be treated as set forth in Section 10.07); (y)
all Borrower Materials marked “PUBLIC” are permitted to be made available through a portion of the
Platform designated “Public Side Information;” and (z) the Administrative Agent and the Arranger
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 that is not designated “Public Side Information.”

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

     (a) of the occurrence of any Default;

     (b) of any matter that has resulted or could reasonably be expected to result in a Material
Adverse Effect;

     (c) of the occurrence of any ERISA Event; and

     (d) of any material change in accounting policies or financial reporting practices by the
Borrowers or any Subsidiary, including any determination by the Borrowers referred to in
Section 2.10(b).

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

     6.04 Payment of Obligations. Pay and discharge as the same shall become due and payable, all
its obligations and liabilities, including (a) all tax liabilities, assessments and governmental
charges or levies upon it or its properties or assets, unless the same are being contested in good
faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP
are being maintained by such Borrower or such Subsidiary; (b) all lawful claims which, if unpaid,
would by law become a Lien upon its property unless the same are being contested in good faith by
appropriate proceedings diligently conducted and adequate reserves with respect thereto are
maintained on the books of the applicable Person; and (c) all Indebtedness, as and when due and
payable, but subject to any subordination provisions contained in any instrument or agreement
evidencing such Indebtedness.

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

     6.06 Maintenance of Properties. (a) Maintain, preserve and protect all of its material
properties and equipment necessary in the operation of its business in good working order and

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condition, ordinary wear and tear excepted; and (b) make all necessary repairs thereto and renewals
and replacements thereof except where the failure to do so could not reasonably be expected to have
a Material Adverse Effect.

     6.07 Maintenance of Insurance. Maintain with financially sound and reputable insurance
companies not Affiliates of the Borrower, insurance with respect to its properties and business
against loss or damage of the kinds customarily insured against by Persons engaged in the same or
similar business, of such types and in such amounts (after giving effect to any self-insurance
compatible with the following standards) as are customarily carried under similar circumstances by
such other Persons.

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

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

     6.10 Inspection Rights. Permit representatives and independent contractors of the
Administrative Agent and each Lender to visit and inspect any of its properties, to examine its
corporate, financial and operating records, and make copies thereof or abstracts therefrom, and to
discuss its affairs, finances and accounts with its directors, officers, and independent public
accountants, all at the expense of the Borrowers and at such reasonable times during normal
business hours and as often as may be reasonably desired, upon reasonable advance notice to the
Borrowers but not more often than twice in any calendar year (only the first of which shall be at
the Borrowers’ expense); provided, however, that when an Event of Default exists
the Administrative Agent or any Lender (or any of their respective representatives or independent
contractors) may do any of the foregoing at the expense of the Borrowers at any time during normal
business hours and without advance notice, and without regard to the number of such inspections
already conducted.

     6.11 Use of Proceeds. Use the proceeds of the Credit Extensions for general corporate
purposes not in contravention of any Law or of any Loan Document.

     6.12 Additional Guarantors. Notify the Administrative Agent at the time that any Person
becomes a Material Subsidiary, and promptly thereafter (and in any event within 30 days), cause
such Person to (a) become a Guarantor by executing and delivering to the Administrative Agent a
counterpart of the
Guaranty or such other document as the Administrative Agent shall deem appropriate for such
purpose, unless such Person is also a Designated Borrower, and (b) deliver to the Administrative
Agent documents of the types referred to in clauses (iii) and (iv) of Section 4.01(a) and
favorable opinions of counsel to such Person (which shall cover, among other things, the legality,
validity, binding effect and

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enforceability of the documentation referred to in clause (a)), all in
form, content and scope reasonably satisfactory to the Administrative Agent.

ARTICLE VII.

NEGATIVE COVENANTS

     So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation
hereunder shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding, no
Borrower shall, nor shall it permit any Subsidiary to, directly or indirectly:

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

     (a) Liens pursuant to any Loan Document;

     (b) Liens existing on the date hereof and, in the case of consensual Liens of Borrowers,
listed on Schedule 7.01, and any renewals or extensions thereof, provided that (i)
the property covered thereby is not changed, (ii) the amount secured or benefited thereby is not
increased except as contemplated by Section 7.03(b), (iii) the direct or any contingent
obligor with respect thereto is not changed, and (iv) any renewal or extension of the obligations
secured or benefited thereby is permitted by Section 7.03(b);

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

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

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

     (f) deposits to secure the performance of bids, trade contracts and leases (other than
Indebtedness), statutory obligations, surety and appeal bonds, performance bonds and other
obligations of a like nature incurred in the ordinary course of business, but not in excess of
$10,000,000 in the aggregate at any time;

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

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     (h) Liens securing judgments for the payment of money not constituting an Event of Default
under Section 8.01(h);

     (i) Liens securing Indebtedness permitted under Section 7.03(e); provided that
(i) such Liens do not at any time encumber any property other than the property financed by such
Indebtedness and (ii) the Indebtedness secured thereby does not exceed the cost or fair market
value, whichever is lower, of the property being acquired on the date of acquisition; and

     (j) Other Liens securing Indebtedness in an aggregate amount not to exceed $7,500,000.

     7.02 Investments. Make any Investments, except:

     (a) Investments held by such Borrower or such Subsidiary in the form of cash equivalents and
short-term marketable debt securities;

     (b) advances to officers, directors and employees of the Borrowers and Subsidiaries in an
aggregate amount not to exceed $1,500,000 at any time outstanding, for travel, entertainment,
relocation, tax equalization payments and analogous ordinary business purposes;

     (c) (i) Investments of the Borrowers in any Guarantor or other Borrowers provided that such
Guarantor or other Borrower is a domestic (U.S.) entity, and (ii) additional Investments of the
Borrowers or any Guarantor in any other Subsidiary, including foreign (non-U.S.) Guarantors or
Borrowers, not in excess of $10,000,000 per annum in the aggregate, provided that unused amounts
may be carried forward to the next subsequent fiscal year, and (iii) Investments of any Subsidiary
in the Borrowers;

     (d) Investments consisting of extensions of credit in the nature of accounts receivable or
notes receivable arising from the grant of trade credit in the ordinary course of business, and
Investments received in satisfaction or partial satisfaction thereof from financially troubled
account debtors to the extent reasonably necessary in order to prevent or limit loss;

     (e) Guarantees permitted by Section 7.03;

     (f) acquisitions of the stock of domestic (U.S.) entities or assets located in the U.S. not in
excess of $15,000,000 in any single transaction or series of related transactions, and $30,000,000
in the aggregate; and

     (g) other Investments not exceeding $5,000,000 in the aggregate in any fiscal year of the
Borrowers.

     7.03 Indebtedness. Create, incur, assume or suffer to exist any Indebtedness, except:

     (a) Indebtedness under the Loan Documents;

     (b) Indebtedness outstanding on the date hereof, which in the case of Indebtedness of
Borrowers in excess of $250,000 is listed on Schedule 7.03, and any refinancings,
refundings, renewals or extensions thereof; provided that (i) the amount of such
Indebtedness is not

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increased at the time of such refinancing, refunding, renewal or extension
except by an amount equal to a reasonable premium or other reasonable amount paid, and fees and
expenses reasonably incurred, in connection with such refinancing and by an amount equal to any
existing commitments unutilized thereunder and (ii) the terms relating to principal amount,
amortization, maturity, collateral (if any) and subordination (if any), and other material terms
taken as a whole, of any such refinancing, refunding, renewing or extending Indebtedness, and of
any agreement entered into and of any instrument issued in connection therewith, are no less
favorable in any material respect to the Loan Parties or the Lenders than the terms of any
agreement or instrument governing the Indebtedness being refinanced, refunded, renewed or extended
and the interest rate applicable to any such refinancing, refunding, renewing or extending
Indebtedness does not exceed the then applicable market interest rate;

     (c) Guarantees of the Borrowers or any Guarantor in respect of Indebtedness otherwise
permitted hereunder, and guarantees of any other Subsidiary in respect of Indebtedness of any other
Subsidiary;

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

     (e) Indebtedness in respect of capital leases, Synthetic Lease Obligations and purchase money
obligations for fixed or capital assets within the limitations set forth in Section
7.01(i); provided, however, that the aggregate amount of all such Indebtedness
at any one time outstanding shall not exceed $7,500,000;

     (f) Indebtedness assumed or incurred in conjunction with acquisitions of assets or another
Person permitted pursuant to Section 7.02;

     (g) obligations (contingent or otherwise) of the Borrowers or any Subsidiary existing or
arising under any bankers’ acceptance, provided that such obligations are (or were) entered
into by such Person in the ordinary course of business and not for purposes of speculation or
investment;

     (h) contingent obligations of the Borrowers or any Subsidiary in respect of any standby
letters of credit or surety bonds issued in the ordinary course of business for the purpose of
guaranteeing the performance of the Borrowers and its Subsidiaries under tenders and contracts
related to the sale of equipment and services to customers;

     (i) other unsecured Indebtedness not to exceed $5,000,000 at any time outstanding; and

     (j) the Existing Letters of Credit.

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     7.04 Fundamental Changes. Merge, dissolve, liquidate, consolidate with or into another Person, or
Dispose of (whether in one transaction or in a series of transactions) all or substantially all of
its assets (whether now owned or hereafter acquired) to or in favor of any Person, except that, so
long as no Default exists or would result therefrom:

     (a) any Subsidiary may merge with (i) a Borrower, provided that a Borrower shall be
the continuing or surviving Person, or (ii) any one or more other Subsidiaries, provided
that when any Guarantor is merging with another Subsidiary, the Guarantor shall be the continuing
or surviving Person unless the Subsidiary becomes a Guarantor hereunder;

     (b) any Borrower may merge with any Person not a Subsidiary, provided that (i) the
Borrower shall be the continuing or surviving Person, (ii) the Investment is permitted pursuant to
Section 7.02 hereof, and (iii) Parent provides evidence of pro forma compliance with the
financial covenants contained in Section 7.11 hereof after giving effect to such merger;
and

     (c) any Subsidiary may Dispose of all or substantially all of its assets (upon voluntary
liquidation or otherwise) to a Borrower or to another Subsidiary; provided that if the
transferor in such a transaction is a Guarantor, then the transferee must either be a Borrower or a
Guarantor or a Person who becomes a Guarantor hereunder at the time of the transfer.

     7.05 Dispositions. Make any Disposition or enter into any agreement to make any Disposition,
except:

     (a) Dispositions of obsolete or worn out property, whether now owned or hereafter acquired, in
the ordinary course of business;

     (b) Dispositions of inventory in the ordinary course of business;

     (c) Dispositions of equipment or real property to the extent that (i) such property is
exchanged for credit against the purchase price of similar replacement property or (ii) the
proceeds of such Disposition are reasonably promptly applied to the purchase price of such
replacement property;

     (d) Dispositions of property by any Subsidiary to a Borrower or to a wholly-owned Subsidiary;
provided that if the transferor of such property is a Guarantor, the transferee thereof
must either be a Borrower or a Guarantor or a Person who becomes a Guarantor hereunder at the time
of the Disposition;

     (e) Dispositions permitted by Section 7.04;

     (f) licenses of IP Rights so long as not in perpetuity without the right to receive royalty or
license payments or fees and to the extent not constituting a transfer of title to the underlying
IP Rights;

     (g) sales of trade accounts receivable and discounting of customer letters of credit, in each
case on a non-recourse basis; and

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     (h) Dispositions by any Borrower and its Subsidiaries not otherwise permitted under this
Section 7.05; provided that (i) at the time of such Disposition, no Default shall
exist or would result from such Disposition and (ii) the aggregate book value of all property
Disposed of in reliance on this clause (h) in any fiscal year shall not exceed $2,000,000;

provided, however, that any Disposition pursuant to clauses (a) through (h) shall
be for fair market value.

     7.06 Restricted Payments. Declare or make, directly or indirectly, any Restricted Payment, or
incur any obligation (contingent or otherwise) to do so unless the Consolidated Leverage Ratio is
less than 2.0:1, and no Default shall have occurred and be continuing at the time of any action
described below or would result therefrom. At all times that the Consolidated Leverage Ratio is
2.0:1 or more and no Default shall have occurred and be continuing at the time of any action
described below or would result therefrom:

     (a) each Subsidiary may make Restricted Payments to the Borrowers, the Guarantors and any
other Person that owns an Equity Interest in such Subsidiary, ratably according to their respective
holdings of the type of Equity Interest in respect of which such Restricted Payment is being made;

     (b) the Borrowers and each Subsidiary may declare and make dividend payments or other
distributions payable solely in the common stock or other common Equity Interests of such Person;

     (c) the Borrowers and each Subsidiary may purchase, redeem or otherwise acquire Equity
Interests issued by it with the proceeds received from the substantially concurrent issue of new
shares of its common stock or other common Equity Interests; and

     (d) any Subsidiary may make Restricted Payments to the Parent.

     7.07 Change in Nature of Business. Engage in any material line of business substantially different
from those lines of business conducted by the Borrowers and their Subsidiaries on the date hereof
or any business substantially related or incidental thereto.

     7.08 Transactions with Affiliates. Enter into any transaction of any kind with any Affiliate of the Borrowers, whether or not in
the ordinary course of business, other than on fair and reasonable terms substantially as favorable
to the Borrowers or such Subsidiary as would be obtainable by such Borrower or such Subsidiary at
the time in a comparable arm’s length transaction with a Person other than an Affiliate, provided
that the foregoing restriction shall not apply to transactions between or among any Loan Party and
Harris Corporation pursuant to the Transition Services Agreement and Tax Sharing Agreement between
Parent and Harris Corporation, each dated January 26, 2007.

     7.09 Burdensome Agreements. Enter into any Contractual Obligation (other than this Agreement or
any other Loan Document) that (a) limits the ability (i) of any Subsidiary to make Restricted
Payments to the Borrowers or any Guarantor or to otherwise transfer property to the Borrowers or
any Guarantor, (ii) of any Subsidiary to Guarantee the Indebtedness of the Borrowers or (iii) of
the Borrowers or any Subsidiary to create, incur, assume or suffer to exist

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Liens on property of
such Person; provided, however, that this clause (iii) shall not prohibit any
negative pledge incurred or provided in favor of any (x) holder of Indebtedness permitted under
Section 7.03(e) solely to the extent any such negative pledge relates to the property
financed by or the subject of such Indebtedness, or (y) licensor of intellectual property solely to
the extent any such negative pledge relates to the intellectual property subject to such license;
or (b) requires the grant of a Lien to secure an obligation of such Person if a Lien is granted to
secure another obligation of such Person.

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

     7.11 Financial Covenants.

     (a) Liquidity Coverage Ratio. Permit the Liquidity Coverage Ratio as of the end of any fiscal
quarter of the Parent to be less than 1.75:1.

     (b) Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio at any time during
any period of four consecutive fiscal quarters of the Parent, commencing with the fiscal quarter
ending June 27, 2008, to be greater than 3.00:1.

     7.12 Existing Letters of Credit.

     Renew, or have subject to automatic renewal, beyond their expiry date as of the Closing Date,
Existing Letters of Credit having a face amount of greater than $2,500,000 in the aggregate.

ARTICLE VIII.

EVENTS OF DEFAULT AND REMEDIES

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

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

     (b) Specific Covenants. The Borrowers fail to perform or observe any term, covenant
or agreement contained in any of Section 6.01, 6.02, 6.03,
6.05, 6.10, 6.11 or 6.12 or Article VII; or

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     (c) Other Defaults. Any Loan Party fails to perform or observe any other covenant or
agreement (not specified in subsection (a) or (b) above) contained in any Loan Document on its part
to be performed or observed and such failure continues for 30 days; or

     (d) Representations and Warranties. Any representation, warranty, certification or
statement of fact (each, a “statement”) made or deemed made by or on behalf of the Borrowers or any
other Loan Party herein, in any other Loan Document, or in any document delivered in connection
herewith or therewith shall be, individually or when taken together with all such statements,
incorrect or misleading in any material respect when made or deemed made; or

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

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

     (g) Inability to Pay Debts; Attachment. (i) Any Borrower or any Subsidiary becomes
unable or admits in writing its inability or fails generally to pay its debts as they become due,
or

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(ii) any writ or warrant of attachment or execution or similar process is issued or levied
against all or any material part of the property of any such Person and is not released, vacated or
fully bonded within 30 days after its issue or levy; or

     (h) Judgments. There is entered against a Borrower or any Subsidiary (i) one or more
final judgments or orders for the payment of money in an aggregate amount (as to all such judgments
or orders) exceeding the Threshold Amount (to the extent not covered by independent third-party
insurance as to which the insurer does not dispute coverage), or (ii) any one or more non-monetary
final judgments that have, or could reasonably be expected to have, individually or in the
aggregate, a Material Adverse Effect and, in either case, (A) enforcement proceedings are commenced
by any creditor upon such judgment or order, or (B) there is a period of 30 consecutive days during
which a stay of enforcement of such judgment, by reason of a pending appeal or otherwise, is not in
effect; or

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

     (j) Invalidity of Loan Documents. Any Loan Document, at any time after its execution
and delivery and for any reason other than as expressly permitted hereunder or thereunder or
satisfaction in full of all the Obligations, ceases to be in full force and effect in any material
respect; or any Loan Party or any other Person contests in any manner the validity or
enforceability of any provision of any Loan Document; or any Loan Party denies that it has any or
further liability or obligation under any Loan Document, or purports to revoke, terminate or
rescind any provision of any Loan Document; or

     (k) Change of Control. There occurs any Change of Control; or

     (l) Declared Company. Any Loan Party is declared by the Minister of Finance of
Singapore to be a company to which Part IX of the Companies Act, Chapter 50 of Singapore applies.

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

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

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

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

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

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

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

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

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

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

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

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

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

To the extent amounts received on account of the Obligations are applied solely to Singapore Loans
due to the operation of Section 2.15(b) hereof, each Singapore Lender will purchase U.S.
Loans from each non-Singapore Lender equal to such Singapore Lender’s Applicable Percentage of the
non-Singapore Loans to the extent necessary to maintain each Lender’s Applicable Percentage with
respect to the Loans, taken as a whole. Subject to Section 2.03(c), amounts used to Cash
Collateralize the aggregate undrawn amount of Letters of Credit pursuant to clause Fifth
above shall be applied to satisfy drawings under such Letters of Credit as they occur. If any
amount remains on deposit as Cash Collateral after all Letters of Credit have either been fully
drawn or expired, such remaining amount shall be applied to the other Obligations, if any, in the
order set forth above.

ARTICLE IX. ADMINISTRATIVE AGENT

     9.01 Appointment and Authority. Each of the Lenders and the L/C Issuer hereby irrevocably appoints
Bank of America to act on its behalf as the Administrative Agent hereunder and under the other Loan
Documents and authorizes the Administrative Agent to take such actions on its behalf and to
exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof,
together with such actions and powers as are reasonably incidental thereto. Each of the Singapore
Lenders hereby irrevocably appoints Banc of America Securities Asia Limited to act on its behalf as
the Singapore Loan Agent hereunder and under the other Loan Documents and authorizes the Singapore
Loan Agent to take such actions on its behalf and to exercise such powers as are
delegated to the Singapore Loan Agent by the terms hereof or thereof, together with such
actions and powers as are reasonably incidental thereto. The provisions of this Article are solely
for the benefit of the Administrative Agent, the Singapore Loan Agent, the Lenders and the L/C
Issuers, and the Borrowers shall not have rights as a third party beneficiary of any of such
provisions. For purposes of this Article IX, the Administrative Agent and the Singapore Loan Agent
may be referred to individually as an “Agent” and together as “Agents.”

     9.02 Rights as a Lender. If the Person serving as the Administrative Agent or the Singapore Loan
Agent hereunder is also a Lender under this Agreement, such Person 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 or Singapore Loan 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 or Singapore Loan 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 any
Borrower or any Subsidiary or other Affiliate thereof as if such Person were not the Administrative
Agent or Singapore Loan Agent hereunder and without any duty to account therefor to the Lenders.

     9.03 Exculpatory Provisions. Neither the Administrative Agent nor the Singapore Loan Agent shall
have any duties or obligations except those expressly set forth herein and in the

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other Loan
Documents. Without limiting the generality of the foregoing, the Administrative Agent and the
Singapore Loan Agent:

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

     (b) shall not have any duty to take any discretionary action or exercise any
discretionary powers, except discretionary rights and powers expressly contemplated hereby
or by the other Loan Documents that such 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
neither the Administrative Agent nor the Singapore Loan Agent shall be required to take any
action that, in its opinion or the opinion of its counsel, may expose it to liability or
that is contrary to any Loan Document or applicable law; and

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

     Neither Agent shall 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 such Agent shall believe in good faith shall be necessary, under the
circumstances as provided in Sections 10.01 and 8.02) or (ii) in the absence
of its own gross negligence or willful misconduct. No Agent shall be deemed to have knowledge of
any Default unless and until notice describing such Default is given to such Agent by the
Borrowers, a Lender or the L/C Issuer.

     No Agent shall be responsible for or have any duty to ascertain or inquire into (i) any
statement, warranty or representation made in or in connection with this Agreement or any other
Loan Document, (ii) the contents of any certificate, report or other document delivered hereunder
or thereunder or in connection herewith or therewith, (iii) the performance or observance of any of
the covenants, agreements or other terms or conditions set forth herein or therein or the
occurrence of any Default, (iv) the validity, enforceability, effectiveness or genuineness of this
Agreement, any other Loan Document or any other agreement, instrument or document or (v) the
satisfaction of any condition set forth in Article IV or elsewhere herein, other than to
confirm receipt of items expressly required to be delivered to the Administrative Agent or
Singapore Loan Agent, as applicable.

     9.04 Reliance by Agent. The Agents 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 Agents 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

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to the
making of a Loan, or the issuance of a Letter of Credit, that by its terms must be fulfilled to the
satisfaction of a Lender or the L/C Issuer, the Administrative Agent or Singapore Loan Agent, as
applicable, may presume that such condition is satisfactory to such Lender or the L/C Issuer unless
such Agent shall have received notice to the contrary from such Lender or the L/C Issuer prior to
the making of such Loan or the issuance of such Letter of Credit. The Agents may consult with
legal counsel (who may be counsel for the Borrower), independent accountants and other experts
selected by it, and shall not be liable for any action taken or not taken by it in accordance with
the advice of any such counsel, accountants or experts.

     9.05 Delegation of Duties. An 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 such Agent. The Agent and any such sub-agent may perform any and all of its duties
and exercise its rights and powers by or through their respective Related Parties. The exculpatory
provisions of this Article shall apply to any such sub-agent and to the Related Parties of the
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 or Singapore Loan Agent, as applicable.

     9.06 Resignation of Administrative Agent. The Administrative Agent may at any time give notice of its resignation to the Lenders, the
L/C Issuer and the Borrowers. Upon receipt of any such notice of resignation, the Required Lenders
shall have the right, in consultation with the Borrowers, to appoint a successor, which shall be a
bank with an office in the United States, or an Affiliate of any such bank with an office in the
United States. If no such successor shall have been so appointed by the Required Lenders and shall
have accepted such appointment within 30 days after the retiring Administrative Agent gives notice
of its resignation, then the retiring Administrative Agent may on behalf of the Lenders and the L/C
Issuer, appoint a successor Administrative Agent meeting the qualifications set forth above;
provided that if the Administrative Agent shall notify the Borrowers and the Lenders that
no qualifying Person has accepted such appointment, then such resignation shall nonetheless become
effective in accordance with such notice and (1) the retiring Administrative Agent shall be
discharged from its duties and obligations hereunder and under the other Loan Documents (except
that in the case of any collateral security held by the Administrative Agent on behalf of the
Lenders or the L/C Issuer under any of the Loan Documents, the retiring Administrative Agent shall
continue to hold such collateral security until such time as a successor Administrative Agent is
appointed) and (2) all payments, communications and determinations provided to be made by, to or
through the Administrative Agent shall instead be made by or to each Lender and the L/C Issuer
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 Borrowers to a successor Administrative Agent shall be the same
as those payable to its predecessor unless otherwise agreed among the Borrowers and such successor.
After the retiring Administrative Agent’s resignation hereunder and under the other Loan
Documents, the provisions of this Article and Section 10.04 shall continue in effect for
the benefit of such retiring Administrative Agent, its sub-agents and their respective Related
Parties

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

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

     9.08 No Other Duties, Etc. Anything herein to the contrary notwithstanding, none of the Book
Managers or Arrangers 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 L/C Issuer hereunder.

     9.09 Administrative Agent May File Proofs of Claim. In case of the pendency of any proceeding
under any Debtor Relief Law or any other judicial proceeding relative to any Loan Party, the
Administrative Agent (irrespective of whether the principal of any Loan or L/C Obligation shall
then be due and payable as herein expressed or by declaration or otherwise and irrespective of
whether the Administrative Agent shall have made any demand on the Borrowers) shall be entitled and
empowered, by intervention in such proceeding or otherwise:

     (a) to file and prove a claim for the whole amount of the principal and interest owing
and unpaid in respect of the Loans, L/C Obligations and all other Obligations that are owing
and unpaid and to file such other documents as may be necessary or advisable in order to
have the claims of the Lenders, the L/C Issuer and the Administrative Agent (including any
claim for the reasonable compensation, expenses, disbursements and advances of the Lenders,
the L/C Issuer and the Administrative Agent and their respective agents and counsel and all
other amounts due the Lenders, the L/C Issuer and the Administrative Agent under
Sections 2.03(i) and (j), 2.09 and 10.04) allowed in such
judicial proceeding; and

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

and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official
in any such judicial proceeding is hereby authorized by each Lender and the L/C Issuer to make such
payments to the Administrative Agent and, in the event that the Administrative Agent shall consent
to the making of such payments directly to the Lenders and the L/C Issuer, to pay to the
Administrative Agent any amount due for the reasonable compensation, expenses, disbursements and
advances of the Administrative Agent and its agents and counsel, and any other amounts due the
Administrative Agent under Sections 2.09 and 10.04.

     Nothing contained herein shall be deemed to authorize the Administrative Agent to authorize or
consent to or accept or adopt on behalf of any Lender or the L/C Issuer any plan of reorganization,
arrangement, adjustment or composition affecting the Obligations or the rights of any Lender or the
L/C Issuer to authorize the Administrative Agent to vote in respect of the claim of any Lender or
the L/C Issuer in any such proceeding. The Administrative Agent shall not credit bid any
Obligation held by any Lender or L/C Issuer in any proceeding under a Debtor Relief Law without the
prior written consent of such Lender or L/C Issuer, as applicable.

     9.10 Guaranty Matters. The Lenders and the L/C Issuer irrevocably authorize the Administrative
Agent, at its option and in its discretion,

     (a) to release any Lien on any property granted to or held by the Administrative Agent
under any Loan Document (i) upon termination of the Aggregate Commitments and payment in
full of all Obligations (other than contingent indemnification obligations) and the
expiration or termination of all Letters of Credit (other than Letters of Credit as to which
other arrangements satisfactory to the Administrative Agent and the L/C Issuer shall have
been made), (ii) that is sold or to be sold as part of or in connection with any sale
permitted hereunder or under any other Loan Document, or (iii) subject to Section
10.01, if approved, authorized or ratified in writing by the Required Lenders;

     (b) to subordinate any Lien on any property granted to or held by the Administrative
Agent under any Loan Document to the holder of any Lien on such property that is permitted
by Section 7.01(i); and

     (c) to release any Guarantor from its obligations under the Guaranty if such Person
ceases to be a Subsidiary as a result of a transaction permitted hereunder.

     Upon request by the Administrative Agent at any time, the Required Lenders will confirm in
writing the Administrative Agent’s authority to release or subordinate its interest in particular
types or items of property, or to release any Guarantor from its obligations under the Guaranty
pursuant to this Section 9.10.

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ARTICLE X.

MISCELLANEOUS

     10.01 Amendments, Etc. No amendment or waiver of any provision of this Agreement or any other Loan
Document, and no consent to any departure by the Borrowers or any other Loan Party therefrom, shall
be effective unless in writing signed by the Required Lenders and the Borrowers or the applicable
Loan Party, as the case may be, and acknowledged by the Administrative Agent, and each such waiver
or consent shall be effective only in the specific instance and for the specific purpose for which
given; provided, however, that no such amendment, waiver or consent shall:

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

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

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

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

     (e) change Section 2.13 or Section 8.03 in a manner that would alter the pro
rata sharing of payments required thereby without the written consent of each Lender;

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

     (g) release the Guarantor from the Guaranty without the written consent of each Lender, except
to the extent the release of any Guarantor is permitted pursuant to Section 9.10 (in which
case such release may be made by the Administrative Agent acting alone);

and, provided further, that (i) no amendment, waiver or consent shall, unless in
writing and signed by the L/C Issuer in addition to the Lenders required above, affect the rights
or duties of

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

     10.02 Notices; Effectiveness; Electronic Communication.

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

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

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

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

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

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to
procedures approved by it, provided that approval of such procedures may be limited to
particular notices or communications.

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

     (c) The Platform. THE PLATFORM IS PROVIDED “AS IS” AND “AS AVAILABLE.” THE AGENT
PARTIES (AS DEFINED BELOW) DO NOT WARRANT THE ACCURACY OR COMPLETENESS OF THE BORROWER MATERIALS OR
THE ADEQUACY OF THE PLATFORM, AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS IN OR OMISSIONS FROM THE
BORROWER MATERIALS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING ANY WARRANTY
OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR
FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS, IS MADE BY ANY AGENT PARTY IN CONNECTION WITH THE
BORROWER MATERIALS OR THE PLATFORM. In no event shall the Administrative Agent or any of its
Related Parties (collectively, the “Agent Parties”) have any liability to the Borrowers,
any Lender, any L/C Issuer or any other Person for losses, claims, damages, liabilities or expenses
of any kind (whether in tort, contract or otherwise) arising out of the Borrowers’ or the
Administrative Agent’s transmission of Borrower Materials through the Internet, except to the
extent that such losses, claims, damages, liabilities or expenses are determined by a court of
competent jurisdiction by a final and nonappealable judgment to have resulted from the gross
negligence or willful misconduct of such Agent Party; provided, however, that in no
event shall any Agent Party have any liability to the Borrowers, any Lender, the L/C Issuer or any
other Person for indirect, special, incidental, consequential or punitive damages (as opposed to
direct or actual damages).

     (d) Change of Address, Etc. Each of the Borrowers, the Administrative Agent, each L/C
Issuer and the Swing Line Lender may change its address, telecopier or telephone number for notices
and other communications hereunder by notice to the other parties hereto. Each other Lender may
change its address, telecopier or telephone number for notices and other communications hereunder
by notice to the Borrowers, the Administrative Agent, the L/C Issuers and the Swing Line Lender.
In addition, each Lender agrees to notify the Administrative Agent from time to time to ensure that
the Administrative Agent has on record (i) an effective address, contact name, telephone number,
telecopier number and electronic mail address to which notices and other communications may be sent
and (ii) accurate wire instructions for such Lender. Furthermore, each Public Lender agrees to
cause at least one individual at or on behalf of such Public Lender to at all times have selected
the “Private Side Information” or similar designation on the content declaration screen of the
Platform in order to enable such Public Lender or its

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delegate, in accordance with such Public
Lender’s compliance procedures and applicable Law, including United States Federal and state
securities Laws, to make reference to Borrower Materials that are not made available through the
“Public Side Information” portion of the Platform and that may contain material non-public
information with respect to the Borrowers or its securities for purposes of United States Federal
or state securities laws.

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

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

     Notwithstanding anything to the contrary contained herein or in any other Loan Document, the
authority to enforce rights and remedies hereunder and under the other Loan Documents against the
Loan Parties or any of them shall be vested exclusively in, and all actions and proceedings at law
in connection with such enforcement shall be instituted and maintained exclusively by, the
Administrative Agent in accordance with Section 8.02 for the benefit of all the Lenders and
the L/C Issuer; provided, however, that the foregoing shall not prohibit (a) the
Administrative Agent from exercising on its own behalf the rights and remedies that inure to its
benefit (solely in its capacity as Administrative Agent) hereunder and under the other Loan
Documents, (b) the L/C Issuer or the Swing Line Lender from exercising the rights and remedies that
inure to its benefit (solely in its capacity as L/C Issuer or Swing Line Lender, as the case may
be) hereunder and under the other Loan Documents, (c) any Lender from exercising setoff rights in
accordance with Section 10.08 (subject to the terms of Section 2.13), or (d) any
Lender from filing proofs of claim or appearing and filing pleadings on its own behalf during the
pendency of a proceeding relative to any Loan Party under any Debtor Relief Law; and
provided, further, that if at any time there is no Person acting as Administrative
Agent hereunder and under the other Loan Documents, then (i) the Required Lenders shall have the
rights otherwise ascribed to the Administrative Agent pursuant to Section 8.02 and (ii) in
addition to the matters set forth in clauses (b), (c) and (d) of the preceding proviso and subject
to Section 2.13, any Lender may,

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with the consent of the Required Lenders, enforce any
rights and remedies available to it and as authorized by the Required Lenders.

     10.04 Expenses; Indemnity; Damage Waiver.

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

     (b) Indemnification by the Borrowers. The Borrowers shall indemnify the
Administrative Agent (and Singapore Loan Agent and any sub-agent of either of them), each Lender
and the L/C Issuer, and each Related Party of any of the foregoing Persons (each such Person being
called an “Indemnitee”) against, and hold each Indemnitee harmless from, any and all
losses, claims, damages, liabilities and related expenses (including the fees, charges and
disbursements of any counsel for any Indemnitee), and shall indemnify and hold harmless each
Indemnitee from all fees and time charges and disbursements for attorneys who may be employees of
any Indemnitee, incurred by any Indemnitee or asserted against any Indemnitee by any third party or
by the Borrowers or any other Loan Party arising out of, in connection with, or as a result of (i)
the execution or delivery of this Agreement, any other Loan Document or any agreement or instrument
contemplated hereby or thereby, the performance by the parties hereto of their respective
obligations hereunder or thereunder, the consummation of the transactions contemplated hereby or
thereby, or, in the case of the Administrative Agent or Singapore Loan Agent (and any sub-agent
thereof) and its Related Parties only, the administration of this Agreement and the other Loan
Documents (including in respect of any matters addressed in Section 3.01), (ii) any Loan or Letter
of Credit or the use or proposed use of the proceeds therefrom (including any refusal by the L/C
Issuer to honor a demand for payment under a Letter of Credit if the documents presented in
connection with such demand do not strictly comply with the terms of such Letter of Credit), (iii)
any actual or alleged presence or release of Hazardous Materials on or from any property owned or
operated by the Borrowers or any of their Subsidiaries, or any Environmental Liability related in
any way to the Borrowers or any of their Subsidiaries, or (iv) any actual or prospective claim,
litigation, investigation or proceeding relating to any of the foregoing, whether based on
contract, tort or any other theory, whether

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brought by a third party or by the Borrowers or any
other Loan Party, and regardless of whether any Indemnitee is a party thereto; provided
that such indemnity shall not, as to any Indemnitee, be available to the extent that such losses,
claims, damages, liabilities or related expenses (x) are determined by a court of competent
jurisdiction by final and nonappealable judgment to have resulted from the gross negligence or
willful misconduct of such Indemnitee or (y) result from a claim brought by the Borrowers or any
other Loan Party against an Indemnitee for breach in bad faith of such Indemnitee’s obligations
hereunder or under any other Loan Document, if any Borrower or such other Loan Party has obtained a
final and nonappealable judgment in its favor on such claim as determined by a court of competent
jurisdiction.

     (c) Reimbursement by Lenders. To the extent that the Borrowers for any reason fail to
indefeasibly pay any amount required under subsection (a) or (b) of this Section to be paid by it
to the Administrative Agent (or any sub-agent thereof), the L/C Issuer or any Related Party of any
of the foregoing, each Lender severally agrees to pay to the Administrative Agent and Singapore
Loan Agent (or any such sub-agent), the L/C Issuer or such Related Party, as the case may be, such
Lender’s Applicable Percentage (determined as of the time that the applicable unreimbursed expense
or indemnity payment is sought) of such unpaid amount, provided that the unreimbursed
expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was
incurred by or asserted against the Administrative Agent or Singapore Loan Agent (or any such
sub-agent) or any L/C Issuer in its capacity as such, or against any Related Party of any of the
foregoing acting for the Administrative Agent (or any such sub-agent) or L/C Issuer in connection
with such capacity. The obligations of the Lenders under this subsection (c) are subject to the
provisions of Section 2.12(d).

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

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

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

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     10.05 Payments Set Aside. To the extent that any payment by or on behalf of the Borrowers is made
to the Administrative Agent, any L/C Issuer or any Lender, or the Administrative Agent, the L/C
Issuer or any Lender exercises its right of setoff, and such payment or the proceeds of such setoff
or any part thereof is subsequently invalidated, declared to be fraudulent or preferential, set
aside or required (including pursuant to any settlement entered into by the Administrative Agent,
such L/C Issuer or such Lender in its discretion) to be repaid to a trustee, receiver or any other
party, in connection with any proceeding under any Debtor Relief Law or otherwise, then (a) to the
extent of such recovery, the obligation or part thereof originally intended to be satisfied shall
be revived and continued in full force and effect as if such payment had not been made or such
setoff had not occurred, and (b) each Lender and L/C Issuer severally agrees to pay to the
Administrative Agent upon demand its applicable share (without duplication) of any amount so
recovered from or repaid by the Administrative Agent, plus interest thereon from the date of such
demand to the date such payment is made at a rate per annum equal to the Federal Funds Rate from
time to time in effect. The obligations of the Lenders and the L/C Issuers under clause (b) of the
preceding sentence shall survive the payment in full of the Obligations and the termination of this
Agreement.

     10.06 Successors and Assigns.

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

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

     (i) Minimum Amounts.

     (A) in the case of an assignment of the entire remaining amount of the
assigning Lender’s Commitment and the Loans at the time owing to it or in the
case of an assignment to a Lender, an Affiliate of a Lender or an Approved
Fund, no minimum amount need be assigned; and

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     (B) in any case not described in subsection (b)(i)(A) of this Section, the
aggregate amount of the Commitment (which for this purpose includes Loans
outstanding thereunder) or, if the Commitment is not then in effect, the principal
outstanding balance of the Loans of the assigning Lender subject to each such
assignment, determined as of the date the Assignment and Assumption with respect to
such assignment is delivered to the Administrative Agent or, if “Trade Date” is
specified in the Assignment and Assumption, as of the Trade Date, shall not be less
than $5,000,000 unless each of the Administrative Agent and, so long as no Event of
Default has occurred and is continuing, the Borrowers otherwise consent (each such
consent not to be unreasonably withheld or delayed); provided,
however, that concurrent assignments to members of an Assignee Group and
concurrent assignments from members of an Assignee Group to a single Eligible
Assignee (or to an Eligible Assignee and members of its Assignee Group) will be
treated as a single assignment for purposes of determining whether such minimum
amount has been met.

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

     (iii) Required Consents. No consent shall be required for any assignment
except to the extent required by subsection (b)(i)(B) of this Section and, in addition:

     (A) the consent of the Borrowers (such consent not to be unreasonably withheld
or delayed) shall be required unless (1) an Event of Default has occurred and is
continuing at the time of such assignment or (2) such assignment is to a Lender, an
Affiliate of a Lender or an Approved Fund;

     (B) the consent of the Administrative Agent (such consent not to be
unreasonably withheld or delayed) shall be required if such assignment is to a
Person that is not a Lender, an Affiliate of such Lender or an Approved Fund with
respect to such Lender;

     (C) the consent of the L/C Issuer (such consent not to be unreasonably withheld
or delayed) shall be required for any assignment that increases the obligation of
the assignee to participate in exposure under one or more Letters of Credit (whether
or not then outstanding); and

     (D) the consent of the Swing Line Lender (such consent not to be unreasonably
withheld or delayed) shall be required for any assignment.

     (iv) Assignment and Assumption. The parties to each assignment shall execute
and deliver to the Administrative Agent an Assignment and Assumption, together
with a processing and recordation fee in the amount of $3,500; provided,
however, that the Administrative Agent may, in its sole discretion, elect to waive
such processing and

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recordation fee in the case of any assignment. The assignee, if it is not a Lender, shall
deliver to the Administrative Agent an Administrative Questionnaire.

     (v) No Assignment to Borrowers. No such assignment shall be made to a Borrower
or any of the Borrowers’ Affiliates or Subsidiaries.

     (vi) No Assignment to Natural Persons. No such assignment shall be made to a
natural person.

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

     (c) Register. The Administrative Agent, acting solely for this purpose as an agent of
the Borrowers, shall maintain at the Administrative Agent’s Office a copy of each Assignment and
Assumption delivered to it and a register for the recordation of the names and addresses of the
Lenders, and the Commitments of, and principal amounts of the Loans and L/C Obligations owing to,
each Lender pursuant to the terms hereof from time to time (the “Register”). The entries
in the Register shall be conclusive, and the Borrowers, the Administrative Agent and the Lenders
may treat each Person whose name is recorded in the Register pursuant to the terms hereof as a
Lender hereunder for all purposes of this Agreement, notwithstanding notice to the contrary. The
Register shall be available for inspection by the Borrowers and any Lender, at any reasonable time
and from time to time upon reasonable prior notice.

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

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

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

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

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

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succeed to and become vested with all of the rights, powers, privileges and duties of the retiring
L/C Issuer or Swing Line Lender, as the case may be, and (b) the successor L/C Issuer shall issue
letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of
such succession or make other arrangements satisfactory to Bank of America to effectively assume
the obligations of Bank of America with respect to such Letters of Credit.

     10.07 Treatment of Certain Information; Confidentiality. Each of the Administrative Agent, the
Singapore Loan Agent, the Lenders and the L/C Issuer agrees to maintain the confidentiality of the
Information (as defined below), except that Information may be disclosed (a) to its Affiliates and
to its and its Affiliates’ respective partners, directors, officers, employees, agents, trustees,
advisors and representatives to the extent reasonably deemed necessary by such Agent or Lender for
purposes related to the administration of, or enforcement of remedies under, this Agreement (it
being understood that the Persons to whom such disclosure is made will be informed of the
confidential nature of such Information and instructed to keep such Information confidential), (b)
to the extent requested by any regulatory authority purporting to have jurisdiction over it
(including any self-regulatory authority, such as the National Association of Insurance
Commissioners), (c) to the extent required by applicable laws or regulations or by any subpoena or
similar legal process, (d) to any other party hereto, (e) in connection with the exercise of any
remedies hereunder or under any other Loan Document or any action or proceeding relating to this
Agreement or any other Loan Document or the enforcement of rights hereunder or thereunder, (f)
subject to an agreement containing provisions substantially the same as those of this Section, to
(i) any assignee of or Participant in, or any prospective assignee of or Participant in, any of its
rights or obligations under this Agreement or any Eligible Assignee invited to be a Lender pursuant
to Section 2.14(c) or (ii) any actual or prospective counterparty (or its advisors) to any
swap or derivative transaction relating to the Borrowers and their 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 L/C Issuer or any of their respective Affiliates on a nonconfidential basis from a
source other than the Borrowers and their Subsidiaries.

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

     Each of the Administrative Agent, the Singapore Loan Agent, the Lenders and the L/C Issuer
acknowledges that (a) the Information may include material non-public information concerning a
Borrower or a Subsidiary, as the case may be, (b) it has developed compliance procedures regarding
the use of material non-public information and (c) it will handle such

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material non-public information in accordance with applicable Law, including United States Federal
and state securities Laws.

     10.08 Right of Setoff. If an Event of Default shall have occurred and be continuing, each Lender,
the L/C Issuers 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, but subject to Section
2.15(b), to set off and apply any and all deposits (general or special, time or demand,
provisional or final, in whatever currency) at any time held and other obligations (in whatever
currency) at any time owing by such Lender, the L/C Issuer or any such Affiliate to or for the
credit or the account of any Borrower against any and all of the obligations of such Borrower to
such Lender or L/C Issuer now or hereafter existing under this Agreement or any other Loan Document
to such Lender or L/C Issuer, irrespective of whether or not such Lender or L/C Issuer shall have
made any demand under this Agreement or any other Loan Document and although such obligations of
the Borrowers may be contingent or unmatured or are owed to a branch or office of such Lender or
L/C Issuer different from the branch or office holding such deposit or obligated on such
indebtedness. The rights of each Lender, each L/C Issuer and their respective Affiliates under
this Section are in addition to other rights and remedies (including other rights of setoff) that
such Lender, the L/C Issuers or their respective Affiliates may have. Each Lender and L/C Issuer
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.

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

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

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

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

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

     (a) the Borrowers shall have paid or caused to be paid, to the Administrative Agent the
assignment fee specified in Section 10.06(b);

     (b) such Lender shall have received payment of an amount equal to the outstanding principal of
its Loans and L/C Advances, accrued interest thereon, accrued fees and all other amounts payable to
it hereunder and under the other Loan Documents (including any amounts under Section 3.05)
from the assignee (to the extent of such outstanding principal and accrued interest and fees) or
the Borrowers (in the case of all other amounts);

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

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

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

     10.14 Governing Law; Jurisdiction; Etc.

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

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

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

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

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     (e) PROCESS AGENT. WITHOUT PREJUDICE TO ANY OTHER MODE OF SERVICE ALLOWED UNDER ANY
RELEVANT LAW, HARRIS SINGAPORE:

     (i) IRREVOCABLY APPOINTS PARENT AS ITS AGENT FOR SERVICE OF PROCESS IN RELATION TO ANY
PROCEEDINGS BEFORE ANY UNITED STATES COURTS IN CONNECTION WITH THIS AGREEMENT OR ANY OTHER
LOAN DOCUMENT; AND

     (ii) AGREES THAT FAILURE BY A PROCESS AGENT TO NOTIFY HARRIS SINGAPORE OF THE PROCESS
WILL NOT INVALIDATE THE PROCEEDINGS CONCERNED.

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

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

95

 

neither the Administrative Agent nor any Lead Arranger has any obligation to disclose any of such
interests to the Borrowers, any other Loan Party or any of their respective Affiliates. To the
fullest extent permitted by law, each of the Borrowers and the other Loan Parties hereby waives and
releases any claims that it may have against the Administrative Agent and the other Lead Arrangers
with respect to any breach or alleged breach of agency or fiduciary duty in connection with any
aspect of any transaction contemplated hereby.

     10.17 Electronic Execution of Assignments and Certain Other Documents. The words “execution,”
“signed,” “signature,” and words of like import in any Assignment and Assumption or in any
amendment or other modification hereof (including waivers and consents) 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.

     10.18 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 each Borrower, 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. Each Borrower shall, promptly following a
request by the Administrative Agent or any Lender, provide all documentation and other information
that the Administrative Agent or such Lender requests in order to comply with its ongoing
obligations under applicable “know your customer” and anti-money laundering rules and regulations,
including the Act.

96

 

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

	 	 	 	 	 
	 	HARRIS STRATEX NETWORKS, INC.

 	 
	 	By:  	/s/ Carol A. Goudey
 	 
	 	 	Name:  	Carol A. Goudey 	 
	 	 	Title:  	Treasurer and Assistant Secretary 	 
	 
	 	HARRIS STRATEX NETWORKS OPERATING CORPORATION

 	 
	 	By:  	/s/ Carol A. Goudey
 	 
	 	 	Name:  	Carol A. Goudey 	 
	 	 	Title:  	Treasurer and Assistant Secretary 	 
	 
	 	HARRIS STRATEX NETWORKS (S) PTE. LTD.

 	 
	 	By:  	/s/ Sarah A. Dudash
 	 
	 	 	Name:  	Sarah A. Dudash 	 
	 	 	Title:  	Vice President and Chief Financial Officer 	 
	 

S-1

Signature page to Credit Agreement

 

 

	 	 	 	 	 
	 	BANK OF AMERICA, N.A., as

Administrative Agent

 	 
	 	By:  	/s/ Kathleen M. Carry
 	 
	 	 	Name:  	Kathleen M. Carry 	 
	 	 	Title:  	Vice President 	 
	 

S-2

Signature page to Credit Agreement

 

 

	 	 	 	 	 
	 	BANK OF AMERICA, N.A., as a Lender, L/C 

Issuer and Swing Line Lender

 	 
	 	By:  	/s/ Christina Felsing
 	 
	 	 	Name:  	Christina Felsing 	 
	 	 	Title:  	Vice President 	 
	 

S-3

Signature page to Credit Agreement

 

 

	 	 	 	 	 
	 	SILICON VALLEY BANK, as a Lender and L/C 

Issuer

 	 
	 	By:  	/s/ Tom Smith
 	 
	 	 	Name:  	Tom Smith 	 
	 	 	Title:  	Managing Director 	 
	 

S-4

Signature page to Credit Agreement

 

 

	 	 	 	 	 
	 	BANC OF AMERICA SECURITIES ASIA LIMITED, as

Singapore Loan Agent

 	 
	 	By:  	/s/ Susana Yen
 	 
	 	 	Name:  	Susana Yen 	 
	 	 	Title:  	Vice President 	 
	 

S-5

Signature page to Credit Agreement

 

 

SCHEDULE 2.01

COMMITMENTS

AND APPLICABLE PERCENTAGES

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Singapore Sublimit	 	 
	Lender	 	Commitment	 	Commitment	 	Applicable Percentage
	 
	 
	Bank of America, N.A.*
	 	$	35,000,000	 	 	$	25,000,000	 	 	 	50.000000000	%
	Silicon Valley Bank
	 	$	35,000,000	 	 	 	 	 	 	 	50.000000000	%
	 
	Total
	 	$	70,000,000	 	 	 	 	 	 	 	100.000000000	%

 

			
	*	 	denotes a “Singapore Lender”

S-2.01-1

Commitments and Applicable Percentages

 

SCHEDULE 2.02

EXISTING LETTERS OF CREDIT

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Refno	 	Applicant	 	Beneficiary	 	Issue Dt	 	Expiry Dt	 	Issuebank	 	Currency	 	Foreignamt	 	Curr Rate	 	Usdamt
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000369

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	THE BANK OF NOVA

SCOTIA JAMAICA LTD
	 	5/11/2007
0:00
	 	6/30/2008
0:00
	 	 	 	USD
	 	 	291,568.80	 	 	 	 	 	 	 	291,568.80	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSF003191

	 	STRATEX NETWORKS,
INC.
	 	SOJITZ CORPORATION
	 	11/19/2004
0:00
	 	12/30/2008
0:00
	 	 	 	USD
	 	 	140,900.82	 	 	 	 	 	 	 	140,900.82	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSF004853

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	ECOBANK BURKINA FASO
	 	8/22/2007
0:00
	 	7/7/2008
0:00
	 	SOCIETE GENERALE,

PARIS
	 	XOF
	 	 	2,000,000.00	 	 	 	423.19981	 	 	 	4,725.90	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000402

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK
	 	8/8/2007
0:00
	 	7/21/2008
0:00
	 	 	 	USD
	 	 	22,000.00	 	 	 	 	 	 	 	22,000.00	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000375

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED
BANK (THAI) PCL,
	 	6/22/2007
0:00
	 	7/30/2008
0:00
	 	 	 	USD
	 	 	606,793.90	 	 	 	 	 	 	 	606,793.90	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000399

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	SOCIETE GENERALE
	 	7/30/2007
0:00
	 	7/31/2008
0:00
	 	 	 	DZD
	 	 	420,000.00	 	 	 	64.30415	 	 	 	6,531.46	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000400

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	SOCIETE GENERALE
	 	7/30/2007
0:00
	 	7/31/2008
0:00
	 	 	 	DZD
	 	 	330,000.00	 	 	 	64.30417	 	 	 	5,131.86	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000432

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	MARFIN POPULAR BANK
PUBLIC CO. LTD.
	 	1/3/2008
0:00
	 	8/8/2008
0:00
	 	AMERICAN EXPRESS
BANK LTD., NY
	 	EUR
	 	 	427,500.00	 	 	 	0.64416	 	 	 	663,651.00	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000183

	 	STRATEX NETWORKS,
INC.
	 	STANDARD CHARTERED
BANK (THAI) PCL
	 	9/2/2005
0:00
	 	8/26/2008
0:00
	 	 	 	THB
	 	 	10,744,826.00	 	 	 	33.53000	 	 	 	320,454.10	 

S-2.02-1

Existing Letters of Credit

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Refno	 	Applicant	 	Beneficiary	 	Issue Dt	 	Expiry Dt	 	Issuebank	 	Currency	 	Foreignamt	 	Curr Rate	 	Usdamt
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000433

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK
	 	1/14/2008
0:00
	 	8/28/2008
0:00
	 	 	 	USD
	 	 	235,653.41	 	 	 	 	 	 	 	235,653.41	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000401

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK
	 	7/30/2007
0:00
	 	8/29/2008
0:00
	 	 	 	PHP
	 	 	1,148,548.81	 	 	 	44.45000	 	 	 	25,839.12	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000405

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK
	 	9/12/2007
0:00
	 	8/29/2008
0:00
	 	 	 	USD
	 	 	50,000.00	 	 	 	 	 	 	 	50,000.00	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000370

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	SOCIETE GENERALE
	 	5/9/2007
0:00
	 	8/29/2008
0:00
	 	 	 	USD
	 	 	700,000.00	 	 	 	 	 	 	 	700,000.00	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000430

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK NEPAL LIMITED
	 	12/28/2007
0:00
	 	8/29/2008
0:00
	 	 	 	USD
	 	 	30,000.00	 	 	 	 	 	 	 	30,000.00	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSF002258

	 	STRATEX NETWORKS INC
	 	STANDARD CHARTERED

BANK
	 	6/16/2003
0:00
	 	8/29/2008
0:00
	 	 	 	USD
	 	 	288,082.00	 	 	 	 	 	 	 	288,082.00	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000413

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK
	 	10/12/2007
0:00
	 	8/31/2008
0:00
	 	 	 	USD
	 	 	238,844.00	 	 	 	 	 	 	 	238,844.00	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000438

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK
	 	2/11/2008
0:00
	 	9/29/2008
0:00
	 	 	 	USD
	 	 	116,420.59	 	 	 	 	 	 	 	116,420.59	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000418

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	SOCIETE GENERALE
	 	11/5/2007
0:00
	 	9/30/2008
0:00
	 	 	 	DZD
	 	 	52,000,000.00	 	 	 	64.30420	 	 	 	808,656.36	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000419

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	SOCIETE GENERALE
	 	11/5/2007
0:00
	 	9/30/2008
0:00
	 	 	 	DZD
	 	 	27,000,000.00	 	 	 	64.30420	 	 	 	419,879.26	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000421

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	SOCIETE GENERALE
	 	11/5/2007
0:00
	 	10/10/2008
0:00
	 	 	 	XOF
	 	 	6,000,000.00	 	 	 	423.20011	 	 	 	14,177.69	 

S-2.02-2

Existing Letters of Credit

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Refno	 	Applicant	 	Beneficiary	 	Issue Dt	 	Expiry Dt	 	Issuebank	 	Currency	 	Foreignamt	 	Curr Rate	 	Usdamt
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000442

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK
	 	3/6/2008
0:00
	 	10/15/2008
0:00
	 	 	 	USD
	 	 	23,110.74	 	 	 	 	 	 	 	23,110.74	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000362

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	SOCIETE GENERALE
	 	6/7/2007
0:00
	 	10/30/2008
0:00
	 	 	 	USD
	 	 	28,851.00	 	 	 	 	 	 	 	28,851.00	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000406

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	SOCIETE GENERALE
	 	9/20/2007
0:00
	 	10/31/2008
0:00
	 	 	 	XOF
	 	 	2,949,155.00	 	 	 	423.20017	 	 	 	6,968.70	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000407

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	SOCIETE GENERALE
	 	9/20/2007
0:00
	 	10/31/2008
0:00
	 	 	 	XOF
	 	 	4,878,322.00	 	 	 	423.19985	 	 	 	11,527.23	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000408

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	SOCIETE GENERALE
	 	9/20/2007
0:00
	 	10/31/2008
0:00
	 	 	 	XOF
	 	 	2,163,380.00	 	 	 	423.19971	 	 	 	5,111.96	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000460

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK
	 	6/4/2008
0:00
	 	11/10/2008
0:00
	 	 	 	USD
	 	 	18,485.78	 	 	 	 	 	 	 	18,485.78	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSF005333

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	ABN AMRO BANK
(ROMANIA) S.A.
	 	6/16/2008
0:00
	 	11/14/2008
0:00
	 	 	 	EUR
	 	 	234,000.00	 	 	 	0.64416	 	 	 	363,261.60	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000335

	 	STRATEX NETWORKS,
INC.
	 	ARAB BANK PLC
	 	2/5/2007
0:00
	 	12/29/2008
0:00
	 	AMERICAN EXPRESS
BANK LTD., NY
	 	USD
	 	 	91,691.81	 	 	 	 	 	 	 	91,691.81	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000415

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	SOCIETE GENERALE
	 	10/11/2007
0:00
	 	12/31/2008
0:00
	 	 	 	PLN
	 	 	500,000.00	 	 	 	2.16860	 	 	 	230,563.50	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000434

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	THE NATIONAL BANK
OF KUWAIT S.A.K.
	 	1/14/2008
0:00
	 	1/30/2009
0:00
	 	AMERICAN EXPRESS
BANK LTD., NY
	 	USD
	 	 	206,000.00	 	 	 	 	 	 	 	206,000.00	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000377

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK
	 	6/19/2007
0:00
	 	2/25/2009
0:00
	 	 	 	USD
	 	 	5,734.00	 	 	 	 	 	 	 	5,734.00	 

S-2.02-3

Existing Letters of Credit

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Refno	 	Applicant	 	Beneficiary	 	Issue Dt	 	Expiry Dt	 	Issuebank	 	Currency	 	Foreignamt	 	Curr Rate	 	Usdamt
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000404

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK
	 	9/14/2007
0:00
	 	2/28/2009
0:00
	 	 	 	USD
	 	 	1,101,782.20	 	 	 	 	 	 	 	1,101,782.20	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSF005339

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	SOCIETE GENERALE
	 	6/20/2008
0:00
	 	3/30/2009
0:00
	 	 	 	USD
	 	 	15,900.00	 	 	 	 	 	 	 	15,900.00	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000455

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK
	 	5/6/2008
0:00
	 	4/16/2009
0:00
	 	 	 	USD
	 	 	55,360.00	 	 	 	 	 	 	 	55,360.00	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000332

	 	STRATEX NETWORKS,
INC.
	 	STANDARD CHARTERED

BANK
	 	1/24/2007
0:00
	 	4/24/2009
0:00
	 	 	 	USD
	 	 	8,779.23	 	 	 	 	 	 	 	8,779.23	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000359

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK
	 	4/16/2007
0:00
	 	5/29/2009
0:00
	 	 	 	USD
	 	 	9,340.00	 	 	 	 	 	 	 	9,340.00	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000441

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	SOCIETE GENERALE
	 	2/20/2008
0:00
	 	8/31/2009
0:00
	 	 	 	XOF
	 	 	2,439,161.00	 	 	 	423.20022	 	 	 	5,763.61	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000440

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	SOCIETE GENERALE
	 	2/20/2008
0:00
	 	8/31/2009
0:00
	 	 	 	XOF
	 	 	1,474,578.00	 	 	 	423.20031	 	 	 	3,484.35	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000392

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	ARAB BANK PLC
	 	7/3/2007
0:00
	 	10/30/2009
0:00
	 	AMERICAN EXPRESS
BANK LTD., NY
	 	USD
	 	 	93,958.76	 	 	 	 	 	 	 	93,958.76	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000448

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	SOCIETE GENERALE
	 	3/26/2008
0:00
	 	10/30/2009
0:00
	 	 	 	XOF
	 	 	1,081,690.00	 	 	 	423.19971	 	 	 	 2,555.98	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000443

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK
	 	3/10/2008
0:00
	 	1/29/2010
0:00
	 	 	 	USD
	 	 	68,446.80	 	 	 	 	 	 	 	68,446.80	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000451

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK
	 	4/23/2008
0:00
	 	5/28/2010
0:00
	 	 	 	USD
	 	 	6,428.00	 	 	 	 	 	 	 	6,428.00	 

S-2.02-4

Existing Letters of Credit

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Refno	 	Applicant	 	Beneficiary	 	Issue Dt	 	Expiry Dt	 	Issuebank	 	Currency	 	Foreignamt	 	Curr Rate	 	Usdamt
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000450

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK
	 	4/22/2008
0:00
	 	5/28/2010
0:00
	 	 	 	USD
	 	 	281,086.76	 	 	 	 	 	 	 	281,086.76	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000457

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK
	 	5/8/2008
0:00
	 	7/1/2010
0:00
	 	 	 	USD
	 	 	68,242.00	 	 	 	 	 	 	 	68,242.00	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000458

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK
	 	5/8/2008
0:00
	 	7/1/2010
0:00
	 	 	 	USD
	 	 	900.00	 	 	 	 	 	 	 	900.00	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSF005162

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	HUAWEI TECHNOLOGIES
CO., LTD.
	 	3/14/2008
0:00
	 	10/27/2010
0:00
	 	 	 	USD
	 	 	74,909.75	 	 	 	 	 	 	 	74,909.75	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSF005163

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	HUAWEI TECHNOLOGIES
CO., LTD.
	 	3/14/2008
0:00
	 	11/6/2010
0:00
	 	 	 	USD
	 	 	118,558.02	 	 	 	 	 	 	 	118,558.02	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000456

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK NEPAL LIMITED
	 	5/7/2008
0:00
	 	12/30/2010
0:00
	 	 	 	USD
	 	 	480,000.00	 	 	 	 	 	 	 	480,000.00	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSF005164

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	HUAWEI TECHNOLOGIES
CO., LTD.
	 	3/14/2008
0:00
	 	3/16/2011
0:00
	 	 	 	USD
	 	 	32,775.00	 	 	 	 	 	 	 	32,775.00	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000410

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK
	 	10/2/2007
0:00
	 	4/1/2011
0:00
	 	 	 	USD
	 	 	78,605.00	 	 	 	 	 	 	 	78,605.00	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000420

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK
	 	11/5/2007
0:00
	 	6/1/2011
0:00
	 	 	 	USD
	 	 	15,224.03	 	 	 	 	 	 	 	15,224.03	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSF005331

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	HUAWEI TECHNOLOGIES
CO., LTD.
	 	6/13/2008
0:00
	 	7/16/2011
0:00
	 	 	 	USD
	 	 	17,951.67	 	 	 	 	 	 	 	17,951.67	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000466

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK
	 	6/26/08
0:00
	 	4/30/09
0:00
	 	 	 	USD
	 	 	100,000.00	 	 	 	 	 	 	 	100,000.00	 

S-2.02-5

Existing Letters of Credit

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	L//C EXPIRED BUT	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	NOT CLOSED	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Refno	 	Applicant	 	Beneficiary	 	Issue Dt	 	Expiry Dt	 	Issuebank	 	Currency	 	Foreignamt	 	Curr Rate	 	Usdamt
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000270

	 	STRATEX NETWORKS,
INC.
	 	STANDARD CHARTERED

BANK
	 	5/5/2006
0:00
	 	11/13/2006
0:00
	 	 	 	MUR
	 	 	100,000.00	 	 	 	27.6500	 	 	 	3,616.64	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000283

	 	STRATEX NETWORKS,
INC.
	 	STANDARD CHARTERED

BANK, NEW YORK
	 	7/5/2006
0:00
	 	8/6/2007
0:00
	 	 	 	USD
	 	 	45,249.37	 	 	 	 	 	 	 	45,249.37	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000333

	 	STRATEX NETWORKS,
INC.
	 	STANDARD CHARTERED

BANK
	 	1/25/2007
0:00
	 	8/30/2007
0:00
	 	 	 	USD
	 	 	300,000.00	 	 	 	 	 	 	 	300,000.00	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000342

	 	HARRIS STRATEX

NETWORKS OPERATING

CORPORATION
	 	STANDARD CHARTERED

BANK
	 	2/14/2007
0:00
	 	12/31/2007
0:00
	 	 	 	USD
	 	 	51,033.70	 	 	 	 	 	 	 	51,033.70	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000274

	 	STRATEX NETWORKS INC
	 	STANDARD CHARTERED

BANK
	 	5/23/2006
0:00
	 	12/31/2007
0:00
	 	 	 	USD
	 	 	39,299.00	 	 	 	 	 	 	 	39,299.00	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SVBSP000265

	 	STRATEX NETWORKS INC
	 	STANDARD CHARTERED

BANK
	 	4/19/2006
0:00
	 	5/26/2008
0:00
	 	 	 	USD
	 	 	507,872.00	 	 	 	 	 	 	 	507,872.00	 

S-2.02-6

Existing Letters of Credit

 

SCHEDULE 5.05

SUPPLEMENT TO INTERIM FINANCIAL STATEMENTS

None

S-5.05-1

Supplement to Interim Financial Statements

 

SCHEDULE 5.06

LITIGATION

None

S-5.06-1

Litigation

 

SCHEDULE 5.09

ENVIRONMENTAL MATTERS

None

S-5.09-1

Environmental Matters

 

SCHEDULE 5.13

SUBSIDIARIES, AND

OTHER EQUITY INVESTMENTS

			
	Part (a).	 	Subsidiaries.

	 	 	 	 	 	 	 
	 	 	State or Other	 	Capital
	 	 	Jurisdiction	 	Investment
	Name of Subsidiary	 	of Incorporation	 	$Thousands
	 
	 
	 	 	 	 	 	 
	BWA Technology, Inc.
	 	Delaware	 	$	108,825	 
	Digital Microwave (Mauritius) Private Limited
	 	Mauritius	 	 	25	 
	Harris Communication Argentina SA
	 	Argentina	 	 	9	 
	Harris Communication France SAS
	 	France	 	 	4,489	 
	Harris Communications International, Inc.
	 	Delaware	 	 	787	 
	Harris Communications International (Kenya) Ltd.
	 	Kenya	 	 	0	 
	Harris Communications (Shenzhen) Ltd.
	 	The People’s Republic of China	 	 	6,025	 
	Harris Communications Systems (Nigeria) Ltd.
	 	Nigeria	 	 	71	 
	Harris do Brasil Limitada
	 	Brazil	 	 	37,788	 
	Harris Stratex Networks (Africa) (Proprietary) Ltd.
	 	Republic of South Africa	 	Incl in MAS
	Harris Stratex Networks (Australia) Pty. Ltd.
	 	Australia	 	Incl in NZ
	Harris Stratex Networks (Bangladesh) Limited
	 	Bangladesh	 	 	0	 
	Harris Stratex Networks Canada ULC
	 	Canada	 	 	467	 
	Harris Stratex Networks (Clark) Corporation
	 	The Philippines	 	Incl in PH
	Harris Stratex Networks (India) Private Limited
	 	India	 	 	634	 
	Harris Stratex Networks Malaysia Sdn. Bhd.
	 	Malaysia	 	 	0	 
	Harris Stratex Networks Mexico S.A. de C.V.
	 	Mexico	 	 	11,143	 
	Harris Stratex Networks (NZ) Limited
	 	New Zealand	 	 	26,365	 
	Harris Stratex Networks Operating Corporation
	 	Delaware	 	 	317,616	 
	Harris Stratex Networks (Philippines) Inc.
	 	The Philippines	 	 	1,323	 
	Harris Stratex Networks Polska Spolka. z.o.o.
	 	Poland	 	 	0	 
	Harris Stratex Networks (S) Pte. Ltd.
	 	Republic of Singapore	 	 	252,144	 
	Harris Stratex Networks (Thailand) Ltd.
	 	Thailand	 	 	2,160	 
	Harris Stratex Networks (UK) Limited
	 	Scotland	 	 	17,600	 
	MAS Technology Holdings (Proprietary) Limited
	 	Republic of South Africa	 	 	36	 
	Stratex Networks do Brasil Limitada
	 	Brazil	 	 	0	 
	Stratex Networks Nigeria Limited
	 	Nigeria	 	 	0	 
	Stratex Networks S.A.R.L.
	 	France	 	 	0	 
	TOTALS
	 	 	 	$	787,509	 

			
	Part (b).	 	Other Equity Investments.

     None.

S-5.13-1

Subsidiaries; Other Equity Investments

 

SCHEDULE 5.17

TAXPAYER IDENTIFICATION NUMBERS

	 	 	 	 	 
	 	 	Country/State of	 	Taxpayer ID
	Designated Borrower	 	Incorporation	 	Number
	 
	 	 	 	 
	Harris Stratex Networks, Inc.

	 	Delaware, USA
	 	20-5961564
	Harris Stratex Networks Operating Corporation

	 	Delaware, USA
	 	77-0016028
	Harris Stratex Networks (S) Pte Ltd

	 	Singapore
	 	199901592C

S-5.17-1

Taxpayer Identification Numbers

 

SCHEDULE 5.18

INTELLECTUAL PROPERTY MATTERS

None

S-5.18-1

Intellectual Property Matters

 

SCHEDULE 7.01

EXISTING LIENS

None.

S-7.01-1

Existing Liens

 

SCHEDULE 7.03

EXISTING INDEBTEDNESS

(With Estimated Balances as of June 30, 2008)

	 	 	 	 	 
	Capital Lease: Lessee Harris Stratex Networks Canada

Lessor Harris Canada, Inc.
	 	 	2,470,000	(est.)
	 
	 	 	 	 
	Standby Letters of Credit: Silicon Valley Bank
	 	 	9,570,000	(est.)
	Other Banks
	 	 	2,830,000	(est.)
	 
	 	 	 	 
	Surety Bonds: Travelers and Westchester Fire
	 	 	38,000,000	(est.)
	 
	 	 	 	 
	Tax Bond: Harris Stratex Brazil (guaranteed by HSTX)
	 	 	3,553,354	 
	 
	 	 	 	 
	Swap Contracts: Banque National de Paris (nominal
amount outstanding)
	 	 	80,209,975	 

S-7.03-1

Existing Indebtedness

 

SCHEDULE 10.02

ADMINISTRATIVE AGENT’S OFFICE;

CERTAIN ADDRESSES FOR NOTICES

BORROWERS:

c/o HARRIS STRATEX NETWORKS, INC.:

120 Rose Orchard Way

San Jose, CA 95134

Attention: Carol A. Goudey, Treasurer

Telephone: (408) 944-1830

Telecopier: (408) 944-1133/1880

Electronic Mail: carol.goudey@ hstx.com

Website Address: www.harrisstratex.com

ADMINISTRATIVE AGENT:

Administrative Agent’s Office

(for payments and Requests for Credit Extensions):

Bank of America, N.A.

2001 Clayton Rd, Bldg. B

CA4-702-02-25

Concord, CA 94520-2405

Attention: Adam Stoner

Telephone: 925.675.8825

Telecopier: 888.206.6220

Electronic Mail: adam.j.stoner@bankofamerica.com

Other Notices as Administrative Agent:

Bank of America, N.A.

Agency Management

1455 Market Street

CA5-701-05-19

San Francisco, CA 94103

Attention: Kathleen Carry

Telephone: 415-436-4001

Telecopier: 415-503-5001

Electronic Mail: kathleen.carry@bankofamerica.com

S-10.02-1

Administrative Agent’s Office; Certain Addresses for Notices

 

 

L/C ISSUER:

Bank of America, N.A.

Trade Operations

1000 W. Temple Street

CA9-705-07-05

Los Angeles, CA 90012-1514

Attention: Stella Rosales

Telephone: 213-481-7828

Telecopier: 213-457-8841

Electronic Mail: stella.rosales@bankofamerica.com

Silicon Valley Bank

3003 Tasman Drive

Santa Clara, CA 95054

Attention: Tom Smith

Telephone: (650) 320-1122

Telecopier: (650) 320-0016

Electronic Mail: tsmith@svb.com

SWING LINE LENDER:

Bank of America, N.A.

2001 Clayton Rd, Bldg. B

CA4-702-02-25

Concord, CA 94520-2405

Attention: Adam Stoner

Telephone: 925.675.8825

Telecopier: 888.206.6220

Electronic Mail: adam.j.stoner@bankofamerica.com

S-10.02-2

Administrative Agent’s Office; Certain Addresses for Notices

 

 

EXHIBIT A

FORM OF COMMITTED LOAN NOTICE

Date:                     ,           

To: Bank of America, N.A., as Administrative Agent

Ladies and Gentlemen:

     Reference is made to that certain Credit Agreement, dated as of June 30, 2008 (as amended,
restated, extended, supplemented or otherwise modified in writing from time to time, the
“Agreement;” the terms defined therein being used herein as therein defined), among Harris
Stratex Networks, Inc., a Delaware corporation, and certain of its Subsidiaries (each, a
“Designated Borrower”), the Lenders from time to time party thereto, and Bank of America,
N.A., as Administrative Agent, L/C Issuer and Swing Line Lender.

	 	 	The undersigned hereby requests (select one):
	 
	 	 	o A Borrowing of Committed Loans, which are to Parent or a Domestic Subsidiary

     Designated Borrower:                     
	 
	 	 	o A Borrowing of Committed Loans, which are Singapore Loans to Harris Singapore
	 
	 	 	o A conversion or continuation of Loans

     1. On                                                   (a Business Day).

     2. In the amount of $                          .

     3. Comprised of Base Rate Loans            or Eurodollar Rate Loans           .

     4. For Eurodollar Rate Loans: with an Interest Period of            months.

     The Committed Borrowing, if any, requested herein complies with the provisos to the first
sentence of Section 2.01 of the Agreement.

	 	 	 	 	 
	 	HARRIS STRATEX NETWORKS, INC.

 	 
	 	By:  	 	 
	 	 	Name: 	 	 
	 	 	Title: 	 	 
	 

A-1

Form of Committed Loan Notice

 

 

EXHIBIT B

FORM OF SWING LINE LOAN NOTICE

	 	 	 
	To:

	 	Bank of America, N.A., as Swing Line Lender

Bank of America, N.A., as Administrative Agent

Ladies and Gentlemen:

     Reference is made to that certain Credit Agreement, dated as of June 30, 2008 (as amended,
restated, extended, supplemented or otherwise modified in writing from time to time, the
“Agreement;” the terms defined therein being used herein as therein defined), among Harris
Stratex Networks, Inc., a Delaware corporation, and certain of its Subsidiaries (each, a
“Designated Borrower”), the Lenders from time to time party thereto, and Bank of America,
N.A., as Administrative Agent.

     The undersigned hereby requests a Swing Line Loan:

     1. On                                                   (a Business Day).

     2. In the amount of $                          .

     3. Designated Borrower:                       

     The Swing Line Borrowing requested herein complies with the requirements of the provisos to
the first sentence of Section 2.04(a) of the Agreement.

	 	 	 	 	 
	 	HARRIS STRATEX NETWORKS, INC.

 	 
	 	By:  	 	 
	 	 	Name: 	 	 
	 	 	Title: 	 	 
	 

B-1

Form of Swing Line Loan Notice

 

 

EXHIBIT C-1

FORM OF NOTE OF DOMESTIC BORROWERS

                                        

     FOR VALUE RECEIVED, the undersigned (the “Borrowers”) hereby jointly and severally
promise to pay to                                          or registered assigns (the “Lender”), in accordance
with the provisions of the Agreement (as hereinafter defined), the principal amount of each Loan
from time to time made by the Lender to the Borrowers under that certain Credit Agreement, dated as
of June 30, 2008 (as amended, restated, extended, supplemented or otherwise modified in writing
from time to time, the “Agreement;” the terms defined therein being used herein as therein
defined), among the Borrowers, the Lenders from time to time party thereto, Silicon Valley Bank, as
Lender and L/C Issuer, Bank of America, N.A., as Administrative Agent, L/C Issuer and Swing Line
Lender, and Banc of America Securities Asia Limited, as Singapore Loan Agent.

     The Borrowers jointly and severally promise to pay interest on the unpaid principal amount of
each Loan from the date of such Loan until such principal amount is paid in full, at such interest
rates and at such times as provided in the Agreement. Except as otherwise provided in Section
2.04(f) of the Agreement with respect to Swing Line Loans, all payments of principal and
interest shall be made to the Administrative Agent for the account of the Lender in Dollars in
immediately available funds at the Administrative Agent’s Office. If any amount is not paid in
full when due hereunder, such unpaid amount shall bear interest, to be paid upon demand, from the
due date thereof until the date of actual payment (and before as well as after judgment) computed
at the per annum rate set forth in the Agreement.

     This Note is one of the Notes referred to in the Agreement, is entitled to the benefits
thereof and may be prepaid in whole or in part subject to the terms and conditions provided
therein. This Note is also entitled to the benefits of the Guaranty. Upon the occurrence and
continuation of one or more of the Events of Default specified in the Agreement, all amounts then
remaining unpaid on this Note shall become, or may be declared to be, immediately due and payable
all as provided in the Agreement. Loans made by the Lender shall be evidenced by one or more loan
accounts or records maintained by the Lender in the ordinary course of business. The Lender may
also attach schedules to this Note and endorse thereon the date, amount and maturity of its Loans
and payments with respect thereto.

     Each Borrower, for itself, its successors and assigns, hereby waives diligence, presentment,
protest and demand and notice of protest, demand, dishonor and non-payment of this Note.

C-1-1
Form of Note

 

 

     THIS NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW
YORK.

	 	 	 	 	 
	 	HARRIS STRATEX NETWORKS, INC.

 	 
	 	By:  	 
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	HARRIS STRATEX NETWORKS OPERATING CORPORATION

 	 
	 	By:  	 
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

C-1-2
Form of Note

 

 

LOANS AND PAYMENTS WITH RESPECT THERETO

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Amount of Principal	 	Outstanding	 	 
	 	 	Type of	 	 	 	End of Interest	 	or Interest Paid	 	Principal Balance	 	 
	Date	 	Loan Made	 	Amount of Loan Made	 	Period	 	This Date	 	This Date	 	Notation Made By
	 
	 	 	 	 	 	 	 	 	 	 	 	 

C-1-3
Form of Note

 

 

EXHIBIT C-2

FORM OF NOTE OF SINGAPORE BORROWER

                                        

     FOR VALUE RECEIVED, the undersigned (the “Singapore Borrower”) hereby jointly and
severally promise to pay to                                       
or registered assigns (the “Singapore
Lender”), in accordance with the provisions of the Agreement (as hereinafter defined), the
principal amount of each Singapore Loan from time to time made by the Singapore Lender to the
Singapore Borrower under that certain Credit Agreement, dated as of June 30, 2008 (as amended,
restated, extended, supplemented or otherwise modified in writing from time to time, the
“Agreement;” the terms defined therein being used herein as therein defined), among the
Borrowers named therein, the Lenders from time to time party thereto, Silicon Valley Bank, as
Lender and L/C Issuer, Bank of America, N.A., as Administrative Agent, L/C Issuer and Swing Line
Lender, and Banc of America Securities Asia Limited, as Singapore Loan Agent.

     The Singapore Borrower promises to pay interest on the unpaid principal amount of each
Singapore Loan from the date of such Singapore Loan until such principal amount is paid in full, at
such interest rates and at such times as provided in the Agreement. All payments of principal and
interest shall be made to the Singapore Loan Agent for the account of the Singapore Lender in
Dollars in immediately available funds at the Singapore Loan Agent’s Office. If any amount is not
paid in full when due hereunder, such unpaid amount shall bear interest, to be paid upon demand,
from the due date thereof until the date of actual payment (and before as well as after judgment)
computed at the per annum rate set forth in the Agreement.

     This Note is one of the Notes referred to in the Agreement, is entitled to the benefits
thereof and may be prepaid in whole or in part subject to the terms and conditions provided
therein. This Note is also entitled to the benefits of the Guaranty. Upon the occurrence and
continuation of one or more of the Events of Default specified in the Agreement, all amounts then
remaining unpaid on this Note shall become, or may be declared to be, immediately due and payable
all as provided in the Agreement. Loans made by the Singapore Lender shall be evidenced by one or
more loan accounts or records maintained by the Singapore Lender in the ordinary course of
business. The Singapore Lender may also attach schedules to this Note and endorse thereon the date,
amount and maturity of its Loans and payments with respect thereto.

     The Singapore Borrower, for itself, its successors and assigns, hereby waives diligence,
presentment, protest and demand and notice of protest, demand, dishonor and non-payment of this
Note.

C-2-1
Form of Note

 

 

     THIS NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW
YORK.

	 	 	 	 	 
	 	HARRIS STRATEX NETWORKS (S) PTE. LTD.

 	 
	 	By:  	 
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

C-2-2
Form of Note

 

 

LOANS AND PAYMENTS WITH RESPECT THERETO

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Amount of Principal	 	Outstanding	 	 
	 	 	 	 	 	 	End of Interest	 	or Interest Paid	 	Principal Balance	 	 
	Date	 	Type of Loan Made	 	Amount of Loan Made	 	Period	 	This Date	 	This Date	 	Notation Made By
	 
	 	 	 	 	 	 	 	 	 	 	 	 

C-2-3
Form of Note

 

 

EXHIBIT D

FORM OF COMPLIANCE CERTIFICATE

Financial Statement Date:                ,

To: Bank of America, N.A., as Administrative Agent

Ladies and Gentlemen:

     Reference is made to that certain Credit Agreement, dated as of June 30, 2008 (as amended,
restated, extended, supplemented or otherwise modified in writing from time to time, the
“Agreement;” the terms defined therein being used herein as therein defined), among Harris
Stratex Networks, Inc., a Delaware corporation (“Parent,” and together with the Designated
Borrowers, the “Borrowers”), the Lenders from time to time party thereto, and Bank of
America, N.A., as Administrative Agent.

     The undersigned Responsible Officer hereby certifies as of the date hereof that he/she is the                                                     
        
of Parent, and that, as such, he/she is authorized to execute and deliver this Certificate to the
Administrative Agent on the behalf of the Borrowers, and that:

[Use following paragraph 1 for fiscal year-end financial statements]

     1. Parent has delivered the year-end audited financial statements required by Section
6.01(a) of the Agreement for the fiscal year of the Borrowers ended as of the above date,
together with the report and opinion of an independent certified public accountant required by such
section.

[Use following paragraph 1 for fiscal quarter-end financial statements]

     1. Parent has delivered the unaudited financial statements required by Section 6.01(b)
of the Agreement for the fiscal quarter of the Borrowers ended as of the above date. Such
financial statements fairly present the financial condition, results of operations and cash flows
of Parent and its Subsidiaries in accordance with GAAP as at such date and for such period, subject
only to normal year-end audit adjustments and the absence of footnotes.

     2. The undersigned has reviewed and is familiar with the terms of the Agreement and has made,
or has caused to be made under his/her supervision, a detailed review of the transactions and
condition (financial or otherwise) of the Borrowers during the accounting period covered by such
financial statements.

     3. A review of the activities of the Borrowers during such fiscal period has been made under
the supervision of the undersigned with a view to determining whether during such fiscal period the
Borrowers performed and observed all their Obligations under the Loan Documents, and

[select one:]

D-1
Form of Compliance Certificate

 

 

     [to the best knowledge of the undersigned, during such fiscal period the Borrowers performed
and observed each covenant and condition of the Loan Documents applicable to it, and no Default has
occurred and is continuing.]

—or—

     [to the best knowledge of the undersigned, during such fiscal period the following covenants
or conditions have not been performed or observed and the following is a list of each such Default
and its nature and status:]

     4. The representations and warranties of the Borrowers contained in Article V of the
Agreement, and any representations and warranties of any Loan Party that are contained in any
document furnished at any time under or in connection with the Loan Documents, are true and correct
on and as of the date hereof, except to the extent that such representations and warranties
specifically refer to an earlier date, in which case they are true and correct as of such earlier
date, and except that for purposes of this Compliance Certificate, the representations and
warranties contained in subsections (a) and (b) of Section 5.05 of the Agreement shall be
deemed to refer to the most recent statements furnished pursuant to clauses (a) and (b),
respectively, of Section 6.01 of the Agreement, including the statements in connection with
which this Compliance Certificate is delivered.

     5. The financial covenant analyses and information set forth on Schedules 1 and
2 attached hereto are true and accurate on and as of the date of this Certificate.

     IN WITNESS WHEREOF, the undersigned has executed this Certificate as
of                     ,                .

	 	 	 	 	 
	 	HARRIS STRATEX NETWORKS, INC.

 	 
	 	By:  	 
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

D-2
Form of Compliance Certificate

 

 

For the Quarter/Year ended __________________ (“Statement Date”)

SCHEDULE 1

to the Compliance Certificate

($ in 000’s)

	 	 	 	 	 	 	 	 	 	 	 
	I.	 	Section 7.11 (a) — Liquidity Coverage Ratio.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	A.	 	Unrestricted cash and cash equivalents at Statement Date:	 	$___________
	 	 	B.	 	Short-term and long-term marketable securities:	 	$___________
	 	 	C.	 	50% of Accounts	 	$___________
	 	 	D.	 	Sum of Lines I.A, I.B and I.C	 	$___________
	 	 	E.	 	Loans and L/C Obligations	 	$___________
	 	 	C.	 	Liquidity Coverage Ratio (Line I.D  ̧ Line I.E):	 	_________to 1
	 	 	 	 	Minimum permitted: 1.75:1	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	II.	 	Consolidated EBITDA.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	A.	 	Consolidated EBITDA for four consecutive fiscal quarters
ending on above date (“Subject Period”):	 	 
	 

	 	 	 	 	1.	 	 	Consolidated Net Income for Subject Period:
	 	$___________
	 

	 	 	 	 	2.	 	 	Consolidated Interest Charges for Subject Period:
	 	$___________
	 

	 	 	 	 	3.	 	 	Provision for income taxes for Subject Period:
	 	$___________
	 

	 	 	 	 	4.	 	 	Depreciation expenses for Subject Period:
	 	$___________
	 

	 	 	 	 	5.	 	 	Amortization expenses for Subject Period:
	 	$___________
	 

	 	 	 	 	6.	 	 	Non-recurring non-cash reductions of
Consolidated Net Income for Subject Period:
	 	$___________
	 

	 	 	 	 	7.	 	 	Income tax credits for Subject Period:
	 	$___________
	 

	 	 	 	 	8.	 	 	Non-cash additions to Consolidated Net Income
for Subject Period:
	 	$___________
	 

	 	 	 	 	9.	 	 	Consolidated EBITDA (Lines II.A.1 +
2 + 3 + 4 + 5 + 6 - 7 - 8):
	 	$___________
	 
	 	 	 	 	 	 	 	 	 	 
	III.	 	 Section 7.11 (b) — Consolidated Leverage Ratio.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	A.	 	Consolidated Funded Indebtedness at Statement Date:	 	$___________

D-3

Form of Compliance Certificate

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	B.	 	Consolidated EBITDA for Subject Period (Line I.A.9 above):	 	$___________
	 	 	C.	 	Consolidated Leverage Ratio (Line III.A  ̧ Line III.B):	 	________to 1
	 

	 	 	 	Maximum
	 	permitted: 3.00:1	 	 

D-4

Form of Compliance Certificate

 

For the Quarter/Year ended                      (“Statement Date”)

SCHEDULE 2

to the Compliance Certificate

($ in 000’s)

Consolidated EBITDA

(in accordance with the definition of Consolidated EBITDA

as set forth in the Agreement)

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Consolidated	 	Quarter	 	Quarter	 	Quarter	 	Quarter	 	Twelve Months
	EBITDA	 	Ended	 	Ended	 	Ended	 	Ended	 	Ended
	Consolidated
Net Income
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	+ Consolidated
Interest Charges
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	+ provision for
income taxes
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	+ depreciation
expense
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	+ amortization
expense
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	+ non-recurring
non-cash expenses
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	- income tax
credits
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	- non-cash income
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	= Consolidated
EBITDA
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

D-5

Form of Compliance Certificate

 

EXHIBIT E-1

ASSIGNMENT AND ASSUMPTION

     This Assignment and Assumption (this “Assignment and Assumption”) is dated as of the
Effective Date set forth below and is entered into by and between [the][each]1 Assignor
identified in item 1 below ([the][each, an] “Assignor”) and [the][each]2
Assignee identified in item 2 below ([the][each, an] “Assignee”). [It is understood and
agreed that the rights and obligations of [the Assignors][the Assignees]3 hereunder are
several and not joint.]4 Capitalized terms used but not defined herein shall have the
meanings given to them in the Credit Agreement identified below (the “Credit Agreement”),
receipt of a copy of which is hereby acknowledged by the Assignee. The Standard Terms and
Conditions set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by
reference and made a part of this Assignment and Assumption as if set forth herein in full.

     For an agreed consideration, [the][each] Assignor hereby irrevocably sells and assigns to [the
Assignee][the respective Assignees], and [the][each] Assignee hereby irrevocably purchases and
assumes from [the Assignor][the respective Assignors], subject to and in accordance with the
Standard Terms and Conditions and the Credit Agreement, as of the Effective Date inserted by the
Administrative Agent as contemplated below (i) all of [the Assignor’s][the respective Assignors’]
rights and obligations in [its capacity as a Lender][their respective capacities as Lenders] under
the Credit Agreement and any other documents or instruments delivered pursuant thereto to the
extent related to the amount and percentage interest identified below of all of such outstanding
rights and obligations of [the Assignor][the respective Assignors] under the respective facilities
identified below (including, without limitation, the Singapore Sublimit, the Letters of Credit and
the Swing Line Loans included in such facilities) and (ii) to the extent permitted to be assigned
under applicable law, all claims, suits, causes of action and any other right of [the Assignor (in
its capacity as a Lender)][the respective Assignors (in their respective capacities as Lenders)]
against any Person, whether known or unknown, arising under or in connection with the Credit
Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions
governed thereby or in any way based on or related to any of the foregoing, including, but not
limited to, contract claims, tort claims, malpractice claims, statutory claims and all other claims
at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i)
above (the rights and obligations sold and assigned by [the][any] Assignor to [the][any] Assignee
pursuant to clauses (i) and (ii) above being referred to herein collectively as [the][an]
“Assigned Interest”). Each such sale and assignment is without recourse to [the][any] Assignor and, except
as expressly provided in this Assignment and Assumption, without representation or warranty by [the][any] Assignor.

 

			
	1	 	For bracketed language here and elsewhere in this form
relating to the Assignor(s), if the assignment is from a single Assignor,
choose the first bracketed language. If the assignment is from multiple
Assignors, choose the second bracketed language.
	 
	2	 	For bracketed language here and elsewhere in this form
relating to the Assignee(s), if the assignment is to a single Assignee, choose
the first bracketed language. If the assignment is to multiple Assignees,
choose the second bracketed language.
	 
	3	 	Select as appropriate.
	 
	4	 	Include bracketed language if there are either multiple
Assignors or multiple Assignees.

E-1-1

Form of Assignment and Assumption

 

			
	1.	 	Assignor[s]: ______________________

                                  ____________________

			
	2.	 	Assignee[s]: ______________________

                                  ____________________

         [for each Assignee, indicate [Affiliate][Approved Fund] of [identify Lender]]

			
	3.	 	Borrower(s): Harris Stratex Networks, Inc., Harris Stratex Networks Operating
Corporation, Harris Stratex Networks (S) PTE. Ltd.

			
	4.	 	Administrative Agent: Bank of America, N.A., as the administrative agent under the
Credit Agreement

			
	5.	 	Credit Agreement: Credit Agreement, dated as of June 30, 2008, among Harris Stratex
Networks, Inc. and certain Designated Borrowers, the Lenders from time to time party thereto,
Silicon Valley Bank, as Lender and L/C Issuer, Bank of America, N.A., as Administrative Agent,
L/C Issuer, and Swing Line Lender, and Banc of America Securities Asia Limited, as Singapore
Loan Agent

			
	6.	 	Assigned Interest[s]:

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Aggregate	 	 	 	 	 	 
	 	 	 	 	 	 	Amount of	 	Amount of	 	Percentage	 	 
	 	 	 	 	Facility	 	Commitment	 	Commitment	 	Assigned of	 	CUSIP
	Assignor[s]5	 	Assignee[s]6	 	Assigned	 	for all Lenders7	 	Assigned	 	Commitment8	 	Number
	 

	 	 
	 	Revolving

Credit Facility
	 	$_________
	 	$_________
	 	_________%	 	 
	 

	 	 	 	_________
	 	$_________
	 	$_________
	 	_________%	 	 
	 

	 	 	 	_________
	 	$_________
	 	$_________
	 	_________%	 	 

			
	[7.	 	Trade Date: __________________]9

Effective Date:                       , 20      [TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE
THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.]

         The terms set forth in this Assignment and Assumption are hereby agreed to:

 

			
	5	 	List each Assignor, as appropriate.
	 
	6	 	List each Assignee, as appropriate.
	 
	7	 	Amounts in this column and in the column immediately to
the right to be adjusted by the counterparties to take into account any
payments or prepayments made between the Trade Date and the Effective Date.
	 
	8	 	Set forth, to at least 9 decimals, as a percentage of
the Commitment/Loans of all Lenders thereunder.
	 
	9	 	To be completed if the Assignor and the Assignee intend
that the minimum assignment amount is to be determined as of the Trade Date.

E-1-2

Form of Assignment and Assumption

 

	 	 	 	 	 
	 	ASSIGNOR

[NAME OF ASSIGNOR]

 	 
	 	By:  	 	 
	 	 	Title:  	 	 
	 
	 	ASSIGNEE

[NAME OF ASSIGNEE]

 	 
	 	By:  	 	 
	 	 	Title: 	 
	 	 	 	 
	 

Consented to and Accepted:

	 	 	 	 	 
	BANK OF AMERICA, N.A., as

Administrative Agent, Swing Line Lender and L/C Issuer

 	 	 
	By:  	 	 	 
	 	Title:  	 	 	 
	 

Consented to:

	 	 	 	 	 
	SILICON VALLEY BANK, as L/C Issuer

 	 	 
	By:  	 	 	 
	 	Title:  	 	 	 
	 

E-1-3

Form of Assignment and Assumption

 

ANNEX 1 TO ASSIGNMENT AND ASSUMPTION

STANDARD TERMS AND CONDITIONS FOR

ASSIGNMENT AND ASSUMPTION

     1. Representations and Warranties.

     1.1. Assignor. [The][Each] Assignor (a) represents and warrants that (i) it is the
legal and beneficial owner of [the][[the relevant] Assigned Interest, (ii) [the][such] Assigned
Interest is free and clear of any lien, encumbrance or other adverse claim and (iii) it has full
power and authority, and has taken all action necessary, to execute and deliver this Assignment and
Assumption and to consummate the transactions contemplated hereby; and (b) assumes no
responsibility with respect to (i) any statements, warranties or representations made in or in
connection with the Credit Agreement or any other Loan Document, (ii) the execution, legality,
validity, enforceability, genuineness, sufficiency or value of the Loan Documents or any collateral
thereunder, (iii) the financial condition of the Borrower, any of its Subsidiaries or Affiliates or
any other Person obligated in respect of any Loan Document or (iv) the performance or observance by
the Borrower, any of its Subsidiaries or Affiliates or any other Person of any of their respective
obligations under any Loan Document.

     1.2. Assignee. [The][Each] Assignee (a) represents and warrants that (i) it has full
power and authority, and has taken all action necessary, to execute and deliver this Assignment and
Assumption and to consummate the transactions contemplated hereby and to become a Lender under the
Credit Agreement, (ii) it meets all the requirements to be an assignee under Section
10.06(b)(iii), (v) and (vi) of the Credit Agreement (subject to such consents,
if any, as may be required under Section 10.06(b)(iii) of the Credit Agreement), (iii) from
and after the Effective Date, it shall be bound by the provisions of the Credit Agreement as a
Lender thereunder and, to the extent of [the][the relevant] Assigned Interest, shall have the
obligations of a Lender thereunder, (iv) it is sophisticated with respect to decisions to acquire
assets of the type represented by [the][such] Assigned Interest and either it, or the Person
exercising discretion in making its decision to acquire [the][such] Assigned Interest, is
experienced in acquiring assets of such type, (v) it has received a copy of the Credit Agreement,
and has received or has been accorded the opportunity to receive copies of the most recent
financial statements delivered pursuant to Section 6.01 thereof, as applicable, and such other
documents and information as it deems appropriate to make its own credit analysis and decision to
enter into this Assignment and Assumption and to purchase [the][such] Assigned Interest, (vi) it
has, independently and without reliance upon the Administrative Agent or any other Lender and based
on such documents and information as it has deemed appropriate, made its own credit analysis and
decision to enter into this Assignment and Assumption and to purchase [the][such] Assigned
Interest, and (vii) if it is a Foreign Lender, attached hereto is any documentation required to be
delivered by it pursuant to the terms of the Credit Agreement, duly completed and executed by
[the][such] Assignee; and (b) agrees that (i) it will, independently and without reliance upon the
Administrative Agent, [the][any] Assignor or any other Lender, and based on such documents and
information as it shall deem appropriate at the time, continue to make its own credit decisions in
taking or not taking action under the Loan Documents, and (ii) it will perform in accordance with
their terms all of the obligations which by the terms of the Loan Documents are required to be
performed by it as a Lender.

E-1-4

Form of Assignment and Assumption

 

 

     2. Payments. From and after the Effective Date, the Administrative Agent shall make
all payments in respect of [the][each] Assigned Interest (including payments of principal,
interest, fees and other amounts) to [the][the relevant] Assignor for amounts which have accrued to
but excluding the Effective Date and to [the][the relevant] Assignee for amounts which have accrued
from and after the Effective Date.

     3. General Provisions. This Assignment and Assumption shall be binding upon, and
inure to the benefit of, the parties hereto and their respective successors and assigns. This
Assignment and Assumption may be executed in any number of counterparts, which together shall
constitute one instrument. Delivery of an executed counterpart of a signature page of this
Assignment and Assumption by telecopy shall be effective as delivery of a manually executed
counterpart of this Assignment and Assumption. This Assignment and Assumption shall be governed
by, and construed in accordance with, the law of the State of New York.

E-1-5

Form of Assignment and Assumption

 

 

EXHIBIT E-2

FORM OF ADMINISTRATIVE QUESTIONNAIRE

     
     FAX TO: Kathy Carry @ 415-503-5001

     
     I. Borrower Name: Harris Stratex Networks, Inc., Harris Stratex Networks Operating
Corporation, Harris Stratex Networks (S) Pte. Ltd.

$70 million Credit Agreement

     
     II. Legal Name of Lender of Record for Signature Page:

	 	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 
	 
	 	 
	 

	 	•	 	Signing Credit Agreement            YES            NO
	 
	 	•	 	Coming in via Assignment            YES            NO

	 	 	 	 	 
	 

	 	III. Type of Lender:	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 
	 
	 	 	 	 
	 
	 
	 	 	 	 
	 

          (Bank, Asset Manager, Broker/Dealer, CLO/CDO, Finance Company, Hedge Fund, Insurance, Mutual
Fund, Pension Fund, Other Regulated Investment Fund, Special Purpose Vehicle, Other — please
specify)

	 	 	 	 	 	 	 
	 

	 	     IV. Domestic Address:
	 	 	 	V. Eurodollar Address:
	 
	 	 	 	 	 	 
	 

	 	 
	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	 
	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	 
	 	 	 	 
	 
	 	 	 	 	 	 
	 

          VI. Contact Information:

     
     Syndicate level information (which may contain material non-public information about the
Borrower and its related parties or their respective securities will be made available to the
Credit Contact(s). The Credit Contacts identified must be able to receive such information in
accordance with his/her institution’s compliance procedures and applicable laws, including Federal
and State securities laws.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Primary	 	Primary
	 	 	 	 	Primary Credit Contact	 	Operations Contact	 	Operations Contact
	 
	 	 	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 	 	 
	 

	 	 	 	 
	 	 
	 	 

E-2-1

Form of Administrative Questionnaire

 

 

	 	 	 	 	 	 	 
	Title:
	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 
	Address:
	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 
	 

	 	 
	 	 	 	 
	 
	 	 	 	 	 	 
	Telephone:
	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 
	Facsimile:
	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 
	E-Mail Address:
	 	 	 	 	 	 
	 

	 	 	 	 
	 	 

Does Secondary Operations Contact need copy of notices?      YES      NO

       
             Letter of Credit  
                  
                
                
                 
                  
                   
              Draft

        
       Documentation

	 	 	 	 	 	 	 
	 	 	Contact	 	Contact	 	Legal Counsel
	 
	 	 	 	 	 	 
	Name:
	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 
	Title:
	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 
	Address:
	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 
	Telephone:
	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 
	Facsimile:
	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 
	E-Mail Address:
	 	 	 	 	 	 
	 

	 	 	 	 
	 	 

PLEASE CHECK IF YOU CAN FUND USD LOANS FOR THIS TRANSACTION LISTED BELOW:

     ___  Singapore borrower

     VII. Lender’s SWIFT Payment Instructions for Singapore Loans:

	 	 	 	 	 
	 

	 	Pay to:	 	 
	 

	 	 	 	 

	 

	 
	 	 	 	 
	 

E-2-2

Form of Administrative Questionnaire

 

 

	 	 	 	 	 
	 

	 
	 	 	 	 
	 
	 	 
	 

	 	 	 	(Bank Name)
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 

	 
	 	 	 	 
	 

	 
	 	 	 	 
	 

	 
	 	 	 	 
	 
	 	 

	 	 	 	 	 
	 

	 	(SWIFT)
	 	(Country)
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 

	 
	 	 	 	 
	 

	 
	 	 	 	 
	 

	 
	 	 	 	 
	 
	 	 
	 
	 	 	 	 
	 

	 	(Account #)
	 	(Account Name)
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 

	 
	 	 	 	 
	 

	 
	 	 	 	 
	 

	 
	 	 	 	 
	 

	 	(FFC Account #)
	 	(FFC Account Name)
	 
	 	 	 	 
	 

	 	 	 	                                        REF: Harris Stratex Networks (S) Pte Ltd
	 	 	 
	 
	 	 	 	 
	(Attention)

     VIII. Lender’s Standby Letter of Credit Fed Wire Payment Instructions (if applicable):

	 	 	 	 	 
	 

	 	Pay to:	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 

	 	(Bank Name)	 	 
	 
	 	 	 	 
	 

	 	(ABA #)	 	 
	 
	 	 	 	 
	 

	 	(Account #)	 	 
	 
	 	 	 	 
	 

	 	(Attention)	 	 

     IX. Lender’s Fed Wire Payment Instructions for domestic US Dollar loans:

	 	 	 	 	 
	 

	 	Pay to:	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 

	 	 	 	(Bank Name)
	 
	 	 	 	 
	 

	 	(ABA#)
	 	(City/State)
	 
	 	 	 	 
	 

	 	(Account #)
	 	(Account Name)
	 
	 	 	 	 
	 

	 	(Attention)	 	 

E-2-3

Form of Administrative Questionnaire

 

 

     X. Organizational Structure and Tax Status

     Please refer to the enclosed withholding tax instructions below and then complete this section
accordingly:

     Lender Taxpayer Identification Number (TIN):

     Tax Withholding Form Delivered to Bank of America*:

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	W-9
	 	 	 	 	 	W-8
	 	 
	 

	 	 

	 	 
	 	 
	 	 

	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	W-8
	 	 	 	 	 	W-8
	 	 
	 

	 	 

	 	 
	 	 
	 	 

	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	W-8	 	 	 	 	 	 	 	 
	 

	 	 

	 	 
	 	 	 	 	 	 	 	 

     I

     NON—U.S. LENDER INSTITUTIONS

     1. Corporations:

     If your institution is incorporated outside of the United States for U.S. federal income tax
purposes, and is the beneficial owner of the interest and other income it receives, you must
complete one of the following three tax forms, as applicable to your institution: a.) Form W-8BEN
(Certificate of Foreign Status of Beneficial Owner), b.) Form W-8ECI (Income Effectively Connected
to a U.S. Trade or Business), or c.) Form W-8EXP (Certificate of Foreign Government or Governmental
Agency).

     A U.S. taxpayer identification number is required for any institution submitting a Form W-8
ECI. It is also required on Form W-8BEN for certain institutions claiming the benefits of a tax
treaty with the U.S. Please refer to the instructions when completing the form applicable to your
institution. In addition, please be advised that U.S. tax regulations do not permit the acceptance
of faxed forms. An original tax form must be submitted.

     2. Flow-Through Entities

     If your institution is organized outside the U.S., and is classified for U.S. federal income
tax purposes as either a Partnership, Trust, Qualified or Non-Qualified Intermediary, or other
non-U.S. flow-through entity, an original Form

     W-8IMY (Certificate of Foreign Intermediary, Foreign Flow-Through Entity, or Certain U.S.
branches for United States Tax Withholding) must be completed by the intermediary together with a
withholding statement. Flow-through entities other than Qualified Intermediaries are required to
include tax forms for each of the underlying beneficial owners.

     Please refer to the instructions when completing this form. In addition, please be advised
that U.S. tax regulations do not permit the acceptance of faxed forms. Original tax form(s) must
be submitted.

     U.S. LENDER INSTITUTIONS:

E-2-4

Form of Administrative Questionnaire

 

 

     If your institution is incorporated or organized within the United States, you must complete
and return Form W-9 (Request for Taxpayer Identification Number and Certification). Please be
advised that we require an original form W-9.

     Pursuant to the language contained in the tax section of the Credit Agreement, the applicable
tax form for your institution must be completed and returned on or prior to the date on which your
institution becomes a lender under this Credit Agreement. Failure to provide the proper tax form
when requested will subject your institution to U.S. tax withholding.

     *Additional guidance and instructions as to where to submit this documentation can be found at
this link:

     

     XI. Bank of America Domestic Payment Instructions:

Bank of America, N.A.

ABA # 026009593

New York, NY

Acct. # 3750836479

Attn: Adam Stoner

Ref: Harris Stratex Networks Inc.

     XII: Bank of America’s Payment Instructions for Singapore Loans: to follow

E-2-5

Form of Administrative Questionnaire

 

 

EXHIBIT F

FORM OF GUARANTY

     FOR VALUE RECEIVED, the sufficiency of which is hereby acknowledged, and in consideration of
credit and/or financial accommodation heretofore or hereafter from time to time made or granted to
HARRIS STRATEX NETWORKS, INC. (“Parent”), HARRIS STRATEX NETWORKS OPERATING CORPORATION,
HARRIS STRATEX NETWORKS (S) PTE. LTD, and each Designated Borrower (collectively, the
“Borrowers”) pursuant to that certain Credit Agreement dated as of June 30, 2008 (the
“Credit Agreement”), by and among Borrowers, BANK OF AMERICA, N.A., as a lender, SILICON
VALLEY BANK, as a lender, and each other lender from time to time party thereto (collectively the
“Lenders”), BANK OF AMERICA, N.A. , as Administrative Agent, and BANC OF AMERICA SECURITIES
ASIA LIMITED, as Singapore Loan Agent, and their successors and assigns, the undersigned Guarantor
(whether one or more the “Guarantor”, and if more than one jointly and severally) hereby
furnishes its guaranty of the Guaranteed Obligations (as hereinafter defined). Capitalized terms
not defined herein have the meaning given them in the Credit Agreement.

     1. Guaranty. The Guarantor hereby absolutely and unconditionally guarantees, as a guaranty of
payment and performance and not merely as a guaranty of collection, prompt payment when due,
whether at stated maturity, by required prepayment, upon acceleration, demand or otherwise, and at
all times thereafter, of any and all existing and future indebtedness and liabilities of every
kind, nature and character, direct or indirect, absolute or contingent, liquidated or unliquidated,
voluntary or involuntary and whether for principal, interest, premiums, fees indemnities, damages,
costs, expenses or otherwise, of the Borrowers to the Lenders under the Loan Documents, whenever
created, arising, evidenced or acquired  (including all renewals, extensions,
amendments, refinancings and other modifications thereof and all costs, attorneys’ fees and
expenses incurred by the Lenders in connection with the collection or enforcement thereof), and
whether recovery upon such indebtedness and liabilities may be or hereafter become unenforceable or
shall be an allowed or disallowed claim under any proceeding or case commenced by or against the
Guarantor or the Borrowers under the Bankruptcy Code (Title 11, United States Code), any successor
statute or any 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 (collectively, “Debtor Relief Laws”), and
including interest that accrues after the commencement by or against the Borrowers of any
proceeding under any Debtor Relief Laws (collectively, the “Guaranteed Obligations”). The
Lenders’ books and records showing the amount of the Guaranteed Obligations shall be admissible in
evidence in any action or proceeding, and shall be binding upon the Guarantor and conclusive for
the purpose of establishing the amount of the Guaranteed Obligations. This Guaranty shall not be
affected by the genuineness, validity,

F-1

Form of Guaranty

 

 

regularity or enforceability of the Guaranteed Obligations or any instrument or agreement
evidencing any Guaranteed Obligations, or by the existence, validity, enforceability, perfection,
non-perfection or extent of any collateral therefor, or by any fact or circumstance relating to the
Guaranteed Obligations which might otherwise constitute a defense to the obligations of the
Guarantor under this Guaranty, and the Guarantor hereby irrevocably waives any defenses it may now
have or hereafter acquire in any way relating to any or all of the foregoing. Anything contained
herein to the contrary notwithstanding, the obligations of the Guarantor hereunder at any time
shall be limited to an aggregate amount equal to the largest amount that would not render its
obligations hereunder subject to avoidance as a fraudulent transfer or conveyance under Section 548
of the Bankruptcy Code (Title 11, United States Code) or any comparable provisions of any similar
federal or state law.

     2. No Setoff or Deductions; Taxes; Payments. The Guarantor represents and warrants that it is
organized and resident in the United States of America. The Guarantor shall make all payments
hereunder 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 Guarantor is compelled by law
to make such deduction or withholding. If any such obligation (other than one arising with respect
to taxes based on or measured by the income or profits of the Lender) is imposed upon the Guarantor
with respect to any amount payable by it hereunder, the Guarantor will pay to the Administrative
Agent for the account of the Lenders, on the date on which such amount is due and payable
hereunder, such additional amount in U.S. dollars as shall be necessary to enable the Lenders to
receive the same net amount which the Lenders would have received on such due date had no such
obligation been imposed upon the Guarantor. The Guarantor will deliver promptly to the
Administrative Agent certificates or other valid vouchers for all taxes or other charges deducted
from or paid with respect to payments made by the Guarantor hereunder. The obligations of the
Guarantor under this paragraph shall survive the payment in full of the Guaranteed Obligations and
termination of this Guaranty. All payments under this Guaranty shall be made in the United States.
The obligations hereunder shall not be affected by any acts of any legislative body or
governmental authority affecting the Borrowers, including but not limited to, any restrictions on
the conversion of currency or repatriation or control of funds or any total or partial
expropriation of the Borrowers’ property, or by economic, political, regulatory or other events in
the countries where any Borrower is located.

     3. Rights of Lenders. The Guarantor consents and agrees that the Administrative Agent and
Lenders may, at any time and from time to time, without notice or demand, and without affecting the
enforceability or continuing effectiveness hereof: (a) amend, extend, renew, compromise,
discharge, accelerate or otherwise change the time for payment or the terms of the Guaranteed
Obligations or any part thereof; (b) take, hold, exchange, enforce, waive,
release, fail to perfect, sell, or otherwise dispose of any security for the payment of this
Guaranty or any Guaranteed Obligations; (c) apply such security and direct the order or manner of
sale thereof as the Administrative Agent in its sole discretion may determine; and (d) release or
substitute one or more of any endorsers or other guarantors of any of the Guaranteed Obligations.

F-2

Form of Guaranty

 

 

Without limiting the generality of the foregoing, the Guarantor consents to the taking of, or
failure to take, any action which might in any manner or to any extent vary the risks of the
Guarantor under this Guaranty or which, but for this provision, might operate as a discharge of the
Guarantor.

     4. Certain Waivers. The Guarantor waives (a) any defense arising by reason of any disability
or other defense of the Borrowers or any other guarantor, or the cessation from any cause
whatsoever (including any act or omission of the Lenders) of the liability of the Borrowers; (b)
any defense based on any claim that the Guarantor’s obligations exceed or are more burdensome than
those of the Borrowers; (c) the benefit of any statute of limitations affecting the Guarantor’s
liability hereunder; (d) any right to require the Lenders to proceed against the Borrowers, proceed
against or exhaust any security for the Indebtedness, or pursue any other remedy in the
Administrative Agent’s or any Lender ‘s power whatsoever; (e) any benefit of and any right to
participate in any security now or hereafter held by the Administrative Agent or any Lender; and
(f) to the fullest extent permitted by law, any and all other defenses or benefits that may be
derived from or afforded by applicable law limiting the liability of or exonerating guarantors or
sureties. The Guarantor expressly waives all setoffs and counterclaims and all presentments,
demands for payment or performance, notices of nonpayment or nonperformance, protests, notices of
protest, notices of dishonor and all other notices or demands of any kind or nature whatsoever with
respect to the Guaranteed Obligations, and all notices of acceptance of this Guaranty or of the
existence, creation or incurrence of new or additional Guaranteed Obligations.

     5. Obligations Independent. The obligations of the Guarantor hereunder are those of primary
obligor, and not merely as surety, and are independent of the Guaranteed Obligations and the
obligations of any other guarantor, and a separate action may be brought against the Guarantor to
enforce this Guaranty whether or not any Borrower or any other person or entity is joined as a
party.

     6. Subrogation. The Guarantor shall not exercise any right of subrogation, contribution,
indemnity, reimbursement or similar rights with respect to any payments it makes under this
Guaranty until all of the Guaranteed Obligations and any amounts payable under this Guaranty have
been indefeasibly paid and performed in full and any commitments of the Lenders or facilities
provided by the Lenders with respect to the Guaranteed Obligations are terminated. If any amounts
are paid to the Guarantor in violation of the foregoing limitation, then such amounts shall be held
in trust for the benefit of the Lenders and shall forthwith be paid to the Administrative Agent for
the account of the Lenders to reduce the amount of the Guaranteed Obligations, whether matured or
unmatured.

     7. Termination; Reinstatement. This Guaranty is a continuing and irrevocable guaranty of all
Guaranteed Obligations now or hereafter existing and shall remain in full force and effect until
all Guaranteed Obligations and any other amounts payable under this Guaranty
are indefeasibly paid in full in cash and any commitments of the Lenders or facilities
provided by the Lenders with respect to the Guaranteed Obligations are terminated. Notwithstanding
the

F-3

Form of Guaranty

 

 

foregoing, this Guaranty shall continue in full force and effect or be revived, as the case
may be, if any payment by or on behalf of the Borrowers or the Guarantor is made, or any Lender
exercises its right of setoff, in respect of the Guaranteed Obligations and such payment or the
proceeds of such setoff or any part thereof is subsequently invalidated, declared to be fraudulent
or preferential, set aside or required (including pursuant to any settlement entered into by the
Lender in its discretion) to be repaid to a trustee, receiver or any other party, in connection
with any proceeding under any Debtor Relief Laws or otherwise, all as if such payment had not been
made or such setoff had not occurred and whether or not such Lender is in possession of or has
released this Guaranty and regardless of any prior revocation, rescission, termination or
reduction. The obligations of the Guarantor under this paragraph shall survive termination of this
Guaranty.

     8. Subordination. The Guarantor hereby subordinates the payment of all obligations and
indebtedness of the Borrowers owing to the Guarantor, whether now existing or hereafter arising,
including but not limited to any obligation of the Borrowers to the Guarantor as subrogee of the
Administrative Agent or Lenders or resulting from the Guarantor’s performance under this Guaranty,
to the indefeasible payment in full in cash of all Guaranteed Obligations. If any Lender so
requests, any such obligation or indebtedness of the Borrowers to the Guarantor shall be enforced
and performance received by the Guarantor as trustee for such Lender and the proceeds thereof shall
be paid over to the Lender on account of the Guaranteed Obligations, but without reducing or
affecting in any manner the liability of the Guarantor under this Guaranty.

     9. Stay of Acceleration. In the event that acceleration of the time for payment of any of the
Guaranteed Obligations is stayed, in connection with any case commenced by or against the Guarantor
or the Borrower under any Debtor Relief Laws, or otherwise, all such amounts shall nonetheless be
payable by the Guarantor immediately upon demand by the Administrative Agent or any Lender.

     10. Expenses. The Guarantor shall pay on demand all out-of-pocket expenses (including
attorneys’ fees and expenses and the allocated cost and disbursements of internal legal counsel) in
any way relating to the enforcement or protection of the Administrative Agent’s and Lenders’ rights
under this Guaranty or in respect of the Guaranteed Obligations, including any incurred during any
“workout” or restructuring in respect of the Guaranteed Obligations and any incurred in the
preservation, protection or enforcement of any rights of the Administrative Agent or any Lender in
any proceeding under any Debtor Relief Laws. The obligations of the Guarantor under this paragraph
shall survive the payment in full of the Guaranteed Obligations and termination of this Guaranty.

     11. Miscellaneous. No provision of this Guaranty may be waived, amended, supplemented or
modified, except by a written instrument executed by the Administrative Agent, Lenders and the
Guarantor. No failure by the Administrative Agent or any Lender to exercise, and no delay in
exercising, any right, remedy or power hereunder shall operate as a waiver
thereof; nor shall any single or partial exercise of any right, remedy or power hereunder
preclude any other or further exercise thereof or the exercise of any other right, power or remedy.
The

F-4

Form of Guaranty

 

 

remedies herein provided are cumulative and not exclusive of any remedies provided by law or
in equity. The unenforceability or invalidity of any provision of this Guaranty shall not affect
the enforceability or validity of any other provision herein. Unless otherwise agreed by the
Administrative Agent, each Lender and the Guarantor in writing, this Guaranty is not intended to
supersede or otherwise affect any other guaranty now or hereafter given by the Guarantor for the
benefit of the Lenders or any term or provision thereof.

     12. Condition of Borrowers. The Guarantor acknowledges and agrees that it has the sole
responsibility for, and has adequate means of, obtaining from the Borrowers and any other guarantor
such information concerning the financial condition, business and operations of the Borrowers and
any such other guarantor as the Guarantor requires, and that neither the Administrative Agent nor
any Lender has any duty, and the Guarantor is not relying on the Administrative Agent or any Lender
at any time, to disclose to the Guarantor any information relating to the business, operations or
financial condition of the Borrowers or any other guarantor (the Guarantor waiving any duty on the
part of the Administrative Agent or any Lender to disclose such information and any defense
relating to the failure to provide the same).

     13. Setoff. If and to the extent any payment is not made when due hereunder, the Lenders may
setoff and charge from time to time any amount so due against any or all of the Guarantor’s
accounts or deposits with the Lenders.

     14. Representations and Warranties. The Guarantor represents and warrants that (a) it is duly
organized and in good standing under the laws of the jurisdiction of its organization and has full
capacity and right to make and perform this Guaranty, and all necessary authority has been
obtained; (b) this Guaranty constitutes its legal, valid and binding obligation enforceable in
accordance with its terms; (c) the making and performance of this Guaranty does not and will not
violate the provisions of any applicable law, regulation or order, and does not and will not result
in the breach of, or constitute a default or require any consent under, any material agreement,
instrument, or document to which it is a party or by which it or any of its property may be bound
or affected; and (d) all consents, approvals, licenses and authorizations of, and filings and
registrations with, any governmental authority required under applicable law and regulations for
the making and performance of this Guaranty have been obtained or made and are in full force and
effect.

     15. Indemnification and Survival. Without limitation on any other obligations of the
Guarantor or remedies of the Lender under this Guaranty, the Guarantor shall, to the fullest extent
permitted by law, indemnify, defend and save and hold harmless the Administrative Agent and each
Lender from and against, and shall pay on demand, any and all damages, losses, liabilities and
expenses (including attorneys’ fees and expenses and the allocated cost and disbursements of
internal legal counsel) that may be suffered or incurred by the Administrative Agent or any Lender
in connection with or as a result of any failure of any Guaranteed Obligations to be the legal,
valid and binding obligations of the Borrowers enforceable against the Borrowers in accordance with
their terms. The obligations of the Guarantor under this

F-5

Form of Guaranty

 

 

paragraph shall survive the payment in full of the Guaranteed Obligations and termination of
this Guaranty.

     16. GOVERNING LAW; Assignment; Jurisdiction; Notices. THIS GUARANTY SHALL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NEW YORK. This Guaranty shall (a)
bind the Guarantor and its successors and assigns, provided that the Guarantor may not assign its
rights or obligations under this Guaranty without the prior written consent of the Administrative
Agent and Lenders (and any attempted assignment without such consent shall be void), and (b) inure
to the benefit of the Administrative Agent and Lenders and their successors and assigns and the
Administrative Agent and Lenders may, without notice to the Guarantor and without affecting the
Guarantor’s obligations hereunder, assign, sell or grant participations in the Guaranteed
Obligations and this Guaranty, in whole or in part. The Guarantor hereby irrevocably (i) submits
to the non-exclusive jurisdiction of any United States Federal or State court sitting in New York
City, New York in any action or proceeding arising out of or relating to this Guaranty, and (ii)
waives to the fullest extent permitted by law any defense asserting an inconvenient forum in
connection therewith. Service of process by the Administrative Agent or any Lender in connection
with such action or proceeding shall be binding on the Guarantor if sent to the Guarantor by
registered or certified mail at its address specified below or such other address as from time to
time notified by the Guarantor. Subject to the confidentiality standards contained in Section
10.07 of the Credit Agreement, the Guarantor agrees that the Administrative Agent and Lenders may
disclose to any assignee of or participant in, or any prospective assignee of or participant in,
any of their rights or obligations of all or part of the Guaranteed Obligations any and all
information in the Administrative Agent’s or such Lender’s possession concerning the Guarantor,
this Guaranty and any security for this Guaranty. All notices and other communications to the
Guarantor under this Guaranty shall be in writing and shall be delivered by hand or overnight
courier service, mailed by certified or registered mail or sent by telecopier to the Guarantor at
its address set forth below or at such other address in the United States as may be specified by
the Guarantor in a written notice delivered to the Administrative Agent at such office as the
Administrative Agent may designate for such purpose from time to time in a written notice to the
Guarantor.

     17. WAIVER OF JURY TRIAL; FINAL AGREEMENT. TO THE EXTENT ALLOWED BY APPLICABLE LAW, THE
GUARANTOR, ADMINISTRATIVE AGENT AND THE LENDERS EACH IRREVOCABLY WAIVES TRIAL BY JURY WITH RESPECT
TO ANY ACTION, CLAIM, SUIT OR PROCEEDING ON, ARISING OUT OF OR RELATING TO THIS GUARANTY OR THE
GUARANTEED OBLIGATIONS. THIS GUARANTY REPRESENTS THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY
NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS BETWEEN
THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

     18. Special Agreement With Respect To Debt Restructuring. Notwithstanding any limitation on
liability set forth in Paragraph 1 to the contrary, if the Guaranteed Obligations

F-6

Form of Guaranty

 

 

are made subject to a debt restructuring arrangement between a country and its creditors or
creditors of persons or entities of such country, and as a result thereof the Lenders, as holder of
such Guaranteed Obligations and other credit facilities to such country, persons or entities of
such country, shall agree to provide any new credit facilities, the Guarantor shall fund (and be
the beneficial owner of) that amount of such new credit facilities which is calculated by (i)
dividing the face value of such Guaranteed Obligations by the aggregate amount of the Lenders’
credit facilities made part of the restructuring arrangement and (ii) multiplying the result by the
amount of such new credit facilities. The Guarantor agrees to execute and deliver such documents
and take such actions as may be requested by the Lenders to effect the purposes of this paragraph.
The Lenders agree to provide the Guarantor with copies of the relevant documents governing their
participation in the restructuring arrangement and new credit facilities and shall provide the
Guarantor with the basis on which it has calculated the Guarantor’s portion of such new credit
facilities, which calculations shall be conclusive absent manifest error.

     19. Foreign Currency. If the Administrative Agent so notifies the Guarantor in writing, at
the Lenders’ sole and absolute discretion, payments under this Guaranty shall be the U.S. Dollar
equivalent of the Guaranteed Obligations or any portion thereof, determined as of the date payment
is made. If any claim arising under or related to this Guaranty is reduced to judgment denominated
in a currency (the “Judgment Currency”) other than the currencies in which the Guaranteed
Obligations are denominated or the currencies payable hereunder (collectively the
“Obligations Currency”), the judgment shall be for the equivalent in the Judgment Currency
of the amount of the claim denominated in the Obligations Currency included in the judgment,
determined as of the date of judgment. The equivalent of any Obligations Currency amount in any
Judgment Currency shall be calculated at the spot rate for the purchase of the Obligations Currency
with the Judgment Currency quoted by the Administrative Agent in the place of the Administrative
Agent’s choice at or about 8:00 a.m. on the date for determination specified above. The Guarantor
shall indemnify the Lenders and hold the Lenders harmless from and against all loss or damage
resulting from any change in exchange rates between the date any claim is reduced to judgment and
the date of payment thereof by the Guarantor or any failure of the amount of any such judgment to
be calculated as provided in this paragraph.

[signature page follows]

F-7

Form of Guaranty

 

 

     This Guaranty is executed as of this       day of           , 20     .

	 	 	 	 	 
	 	 

 	 
	 	By:  	 	 
	 	 	Name: 	 	 
	 	 	Title:
 	 	 
	 
	 	 	Address: 	 	 
	 

F-8

Form of Guaranty

 

 

EXHIBIT G

OPINION MATTERS

     The matters contained in the following Sections of the Credit Agreement should be covered by
the legal opinion:

	 	•	 	Section 5.01(a), (b) and (c)
	 
	 	•	 	Section 5.02
	 
	 	•	 	Section 5.03
	 
	 	•	 	Section 5.04
	 
	 	•	 	Section 5.06
	 
	 	•	 	Section 5.14(b)

     [other matters as appropriate to the transaction]

G-1

Opinion Matters

 

 

EXHIBIT H

FORM OF DESIGNATED BORROWER

REQUEST AND ASSUMPTION AGREEMENT

Date:                     ,           

To: Bank of America, N.A., as Administrative Agent

     Ladies and Gentlemen:

     This Designated Borrower Request and Assumption Agreement is made and delivered pursuant to
Section 2.15 of that certain Credit Agreement, dated as of June 30, 2008 (as amended,
restated, extended, supplemented or otherwise modified in writing from time to time, the
“Credit Agreement”), among Harris Stratex Networks, Inc. (the “Company”), the
Designated Borrowers from time to time party thereto, the Lenders from time to time party thereto,
and Bank of America, N.A., as Administrative Agent, L/C Issuer and Swing Line Lender, and reference
is made thereto for full particulars of the matters described therein. All capitalized terms used
in this Designated Borrower Request and Assumption Agreement and not otherwise defined herein shall
have the meanings assigned to them in the Credit Agreement.

     Each of                                          (the “Designated Borrower”) and the Company hereby
confirms, represents and warrants to the Administrative Agent and the Lenders that the Designated
Borrower is a Subsidiary of the Company.

     The documents required to be delivered to the Administrative Agent under Section 2.15
of the Credit Agreement will be furnished to the Administrative Agent in accordance with the
requirements of the Credit Agreement.

     Complete if the Designated Borrower is a Domestic Subsidiary: The true and correct U.S.
taxpayer identification number of the Designated Borrower is                     .

     Complete if the Designated Borrower is a Foreign Subsidiary: The true and correct unique
identification number that has been issued to the Designated Borrower by its jurisdiction of
organization and the name of such jurisdiction are set forth below:

	 	 	 
	Identification Number	 	Jurisdiction of Organization
	 
	 	 
	 
	 	 

     The parties hereto hereby confirm that with effect from the date of the Designated Borrower
Notice for the Designated Borrower, the Designated Borrower shall have obligations, duties and
liabilities toward each of the other parties to the Credit Agreement identical to those which the
Designated Borrower would have had if the Designated Borrower had been an original party to the
Credit Agreement as a Borrower. Effective as of the date of the Designated Borrower Notice

H-1

Form of Designated Borrower Request and Assumption Agreement

 

 

for the Designated Borrower, the Designated Borrower confirms its acceptance of, and consents
to, all representations and warranties, covenants, and other terms and provisions of the Credit
Agreement.

     The parties hereto hereby request that the Designated Borrower be entitled to receive Loans
under the Credit Agreement, and understand, acknowledge and agree that neither the Designated
Borrower nor the Company on its behalf shall have any right to request any Loans for its account
unless and until the date five Business Days after the effective date designated by the
Administrative Agent in a Designated Borrower Notice delivered to the Company and the Lenders
pursuant to Section 2.15 of the Credit Agreement.

     This Designated Borrower Request and Assumption Agreement shall constitute a Loan Document
under the Credit Agreement.

     THIS DESIGNATED BORROWER REQUEST AND ASSUMPTION AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED
IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

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

	 	 	 	 	 
	 	[DESIGNATED BORROWER]

 	 
	 	By:  	 	 
	 	 	Title: 	 	 
	 	 	 	 

	 	 	 	 	 
	 	HARRIS STRATEX NETWORKS, INC.

 	 
	 	By:  	 	 
	 	 	Title: 	 	 
	 	 	 	 
	 

H-2

Form of Designated Borrower Request and Assumption Agreement

 

 

EXHIBIT I

FORM OF DESIGNATED BORROWER NOTICE

Date:                     ,           

To: Harris Stratex Networks, Inc.

The Lenders party to the Credit Agreement referred to below

     Ladies and Gentlemen:

     This Designated Borrower Notice is made and delivered pursuant to Section 2.15 of that
certain Credit Agreement, dated as of June 30, 2008 (as amended, restated, extended, supplemented
or otherwise modified in writing from time to time, the “Credit Agreement”), among Harris
Stratex Networks, Inc. , a Delaware corporation (the “Company”), the Designated Borrowers
from time to time party thereto, the Lenders from time to time party thereto, and Bank of America,
N.A., as Administrative Agent, L/C Issuer and Swing Line Lender, and reference is made thereto for
full particulars of the matters described therein. All capitalized terms used in this Designated
Borrower Notice and not otherwise defined herein shall have the meanings assigned to them in the
Credit Agreement.

     The Administrative Agent hereby notifies Company and the Lenders that effective as of the date
hereof [                                        ] shall be a Designated Borrower and may receive Loans for its
account on the terms and conditions set forth in the Credit Agreement.

     This Designated Borrower Notice shall constitute a Loan Document under the Credit Agreement.

	 	 	 	 	 
	 	BANK OF AMERICA, N.A.,
AS ADMINISTRATIVE AGENT
	 
	 
	 	BY:  	 	 
	 	 	TITLE: 	 	 
	 	 	 	 

I-1

Form of Designated Borrower Noticeexv10w1

Exhibit 10.1

FIRST OMNIBUS AMENDMENT TO OPERATIVE DOCUMENTS

     This FIRST OMNIBUS AMENDMENT TO OPERATIVE DOCUMENTS (this “Amendment”) is being
entered into as of September 22, 2008, among BTMU CAPITAL CORPORATION, a corporation organized
under the laws of the State of Delaware (“Lessor”), LENNOX PROCUREMENT COMPANY INC., a
corporation organized under the laws of the State of Delaware (“Lessee”), LENNOX
INTERNATIONAL INC., a Delaware corporation (“Parent Guarantor”), LENNOX INDUSTRIES INC., an
Iowa corporation, ALLIED AIR ENTERPRISES INC., a Delaware corporation, SERVICE EXPERTS LLC, a
Delaware limited liability company, and LENNOX GLOBAL LTD., a Delaware corporation (collectively,
“Subsidiary Guarantors” and, together with the Parent Guarantor, collectively,
“Guarantors”), and COMPASS BANK, an Alabama banking corporation (“Compass”), as
successor Administrative Agent (“Agent”) to MHCB (USA) Leasing and Finance Corporation
(“MHCB”) (in its former capacity as Administrative Agent, “Original Agent”), and as
successor Lender (“Lender”) to MHCB (in its former capacity as Lender, “Original
Lender”).

RECITALS

     A. On June 22, 2006, Lessor acquired the Property (as defined in the Participation Agreement,
as defined below) and subsequently leased the Property to Lessee pursuant to that certain Lease
Agreement dated as of June 22, 2006 (the “Original Lease Agreement” and, as amended by this
Amendment, the “Lease Agreement”). In connection therewith Parent Guarantor, Lessee,
Lessor, Original Agent and Original Lender entered into that certain Participation Agreement, dated
as of June 22, 2006 (the “Original Participation Agreement” and, as amended by this
Amendment, the “Participation Agreement”) whereby the parties documented the transaction,
including the acquisition of the Property, the lease and the financing of the acquisition of the
Property by Original Lender. Original Lender provided financing for the acquisition of the
Property pursuant to that certain Credit Agreement, dated as of June 22, 2006 (the “Original
Credit Agreement” and, as amended by this Amendment, the “Credit Agreement”),
originally entered into among Lessor, Original Agent and Original Lender, and currently among
Lessor, Agent and Lender. Capitalized terms used but not defined herein have the meanings set
forth in the Participation Agreement (including Appendix A thereto, as amended hereby).

     B. Pursuant to that certain Assignment and Assumption Agreement (the “Assignment
Agreement”), dated as of the date hereof, between MHCB and Compass, MHCB assigned all of its
rights and obligations as Lender and Administrative Agent under the Participation Agreement, Credit
Agreement, Note and the other Operative Documents to Compass.

     C. In connection with the Assignment Agreement, Lender has requested to modify certain terms
of the Operative Documents and, in consideration for assuming the Loan, requires that Subsidiary
Guarantors execute and deliver the Subsidiary Guaranty.

     D. Lessee has informed Lessor, Agent and Lender that its parent, Parent Guarantor, amended and
restated its credit facility pursuant to that certain Third Amended and Restated Revolving Credit
Facility Agreement, dated as of October 12, 2007 (the “Revolving Credit 

 

 

Facility Agreement”) among Parent Guarantor, the lenders party thereto and Bank of
America, N.A., as administrative agent, and, in connection therewith, Lessee has requested that
Lessor agree to amend certain Operative Documents in order to be consistent with certain terms and
provisions of the Revolving Credit Facility Agreement.

     E. The parties hereto are willing to agree to such amendments, in each case subject to the
performance and observance in full of each of the covenants, terms and conditions, and in reliance
upon the representations and warranties, set forth herein.

     NOW, THEREFORE, in consideration of the premises and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the Lessor, the
Lessee, the Agent and the Lenders hereby agree as follows:

     Section 1. Amendments to the Original Lease Agreement. Subject to the covenants,
terms and conditions set forth in this Amendment, and in reliance upon the representations and
warranties contained herein, Lessee and Lessor hereby amend the Original Lease Agreement as
follows, and Lender and Agent hereby consent to the following amendments:

     (a) Amendment to Schedule 1. Schedule 1 to the Original Lease Agreement entitled the
“Basic Rent Schedule” is hereby deleted in its entirety and replaced with Schedule 1 attached
hereto.

     (b) Amendment to Section 2.1. The references to the term “Permitted Encumbrances” in
the first paragraph of Section 2.1 of the Original Lease Agreement shall be deleted and replaced
with the term “Permitted Lien”.

     (c) Amendment to Assignment and Subleasing. The last paragraph of Article IX
of the Original Lease Agreement is hereby amended and restated in its entirety to read as follows:

     “This Lease shall not be mortgaged or pledged by Lessee, nor shall
Lessee mortgage or pledge any interest in the Leased Property or any portion
thereof, other than as contemplated by this Lease. Any such mortgage or
pledge shall be void.”

     (d) Amendment to Events of Default. Clauses (f), (g), (k) and (l) of Article
XII of the Original Lease Agreement are hereby amended and restated in their entirety to read
as follows:

     “(f) Guarantor, Lessee or any Subsidiary of Guarantor (i) is generally
not paying, or admits in writing its inability to pay, its debts as they
become due, (ii) files, or consents by answer or otherwise to the filing
against it of, a petition for relief or reorganization or arrangement or any
other petition in bankruptcy, for liquidation or to take advantage of any
bankruptcy, insolvency, reorganization, moratorium or other similar law of
any jurisdiction, (iii) makes an assignment for the benefit of its
creditors, (iv) consents to the appointment of a custodian, receiver,
trustee or other officer with similar powers with respect to it or with
respect to

2

 

any substantial part of its property, (v) is adjudicated as insolvent or to
be liquidated, or (vi) takes corporate action for the purpose of any of the
foregoing; provided, however, that, except with respect to Lessee, this
clause (f) shall not apply to any Subsidiary of the Guarantor the book value
of whose total assets (determined in accordance with GAAP) is less than
$25,000,000.”

     “(g) a court or Governmental Authority of competent jurisdiction enters
an order appointing, without consent by the Guarantor, Lessee or any of
Guarantor’s Subsidiaries, a custodian, receiver, trustee or other officer
with similar powers with respect to it or with respect to any substantial
part of its property, or constituting an order for relief or approving a
petition for relief or reorganization or any other petition in bankruptcy or
for liquidation or to take advantage of any bankruptcy or insolvency law of
any jurisdiction, or ordering the dissolution, winding–up or liquidation of
the Guarantor, Lessee or any of Guarantor’s Subsidiaries, or any such
petition shall be filed against the Guarantor, Lessee or any of Guarantor’s
Subsidiaries and such petition shall not be dismissed within 60 days;
provided, however, that, except with respect to Lessee, this clause (g)
shall not apply to any Subsidiary of Guarantor the book value of whose total
assets (determined in accordance with GAAP) is less than $25,000,000.”

     “(k) a final judgment or judgments for the payment of money aggregating
in excess of $40,000,000 (to the extent not covered by independent,
third–party insurance as to which the insurer does not dispute coverage) are
rendered against one or more of Guarantor and its Subsidiaries and which
judgments are not, within sixty (60) days after entry thereof, bonded,
discharged or stayed pending appeal, or are not discharged within sixty (60)
days after the expiration of such stay.”

     “(l) Guarantor or any Subsidiary: (i) is in default (as principal or as
guarantor or other surety) in the payment of any principal of, or premium or
make–whole amount or interest on, or other amount in respect of, any Subject
Indebtedness or (ii) is in default in the performance of or compliance with
any term of any evidence of any Subject Indebtedness or of any mortgage,
indenture, or other agreement relating thereto or any other condition
exists, and as a consequence of such default or condition, such Subject
Indebtedness: (A) has become, or has been declared, due and payable before
its stated maturity or before its regularly scheduled dates of payment; or
(B) the holder or holders of any such Indebtedness or any trustee or agent
acting on its or their behalf is permitted to declare such Indebtedness due
and payable before its stated maturity or before its regularly scheduled
dates of payment or to terminate any commitment relating thereto.”

3

 

     Section 2. Amendment to the Original Participation Agreement. Subject to the
covenants, terms and conditions set forth in this Amendment, and in reliance upon the
representations and warranties contained herein, the parties hereto hereby amend the Original
Participation Agreement as follows:

     (a) Amendment to Initial Paragraph. The reference to “LENNOX INTERNATIONAL INC., a
Delaware corporation (together with its successors and permitted assigns, “Guarantor”)” in
the initial paragraph of the Original Participation Agreement shall be deleted and replaced with
the following: “LENNOX INTERNATIONAL INC., a Delaware corporation (together with its successors and
permitted assigns, “Parent Guarantor”)”.

     (b) Amendment and Restatement of Section 5.3(d). Section 5.3(d) of the Original
Participation Agreement shall be amended and restated in its entirety as follows:

          “(d) Provisions of the Lennox Revolver Incorporated by Reference. Guarantor shall at
all times comply with the following Sections of the Lennox Revolver (as construed for purposes of
this subsection in accordance with the provisions set forth below), all of which Sections are
hereby incorporated by reference:

     (1) Section 5.01 (which is titled “Compliance with Laws”);

     (2) Section 5.02 (which is titled “Insurance”);

     (3) Section 5.03 (which is titled “Maintenance of Properties and Lines of
Business”);

     (4) Section 5.04 (which is titled “Payment of Taxes”);

     (5) Section 5.05 (which is titled “Corporate Existence, etc.”);

     (6) Section 5.08 (which is titled “Environmental Matters”);

     (7) subject to the qualification set out below, Section 5.09 (which is titled
“Transactions with Affiliates”);

     (8) Section 5.10 (which is titled “Merger, Consolidation, etc.”), subject to
the qualification that, immediately upon the expiration or termination of the Lennox
Revolver, (x) references in clauses (c) and (d) thereof to “in an acquisition
permitted by Section 5.23” shall be deemed to be replaced by the phrase “in
connection with any acquisition” and (y) the proviso at the end thereof shall be
deemed to have been deleted;

     (9) Section 5.11 (which is titled “Sale of Assets, etc.”);

     (10) Section 5.12 (which is titled “Indebtedness”), subject to the
qualification that the first proviso thereto shall be deemed to have been deleted;

     (11) Section 5.13 (which is titled “Liens”);

4

 

     (12) Section 5.14 (which is titled “Restricted Payments”);

     (13) Section 5.15 (which is titled “Financial Covenants”);

     (14) Section 5.16 (which is titled “Limitation on Restrictive Agreements”),
subject to the qualification that the provisions thereof shall not apply to any of
the Operative Documents;

     (15) Section 5.17 (which is titled “Preferred Stock of Subsidiaries”);

     (16) Section 5.18 (which is titled “Financial and Business Information”),
subject to the qualification that (x) references therein to the “Administrative
Agent” shall be deemed to refer to Lessor and the Administrative Agent and (y)
references therein to “Lender” shall be deemed to refer to Lessor or the
Administrative Agent;

     (17) Section 5.19 (which is titled “Inspection; Confidentiality”), subject to
the qualification that references therein to the “Administrative Agent” and “Lender”
shall in each case be deemed to refer to Lessor and the Administrative Agent;

     (18) Section 5.20 (which is titled “Books and Records”); and

     (19) Section 5.21 (which is titled “New Material Subsidiaries”), subject to
the qualification that (x) references therein to the “Subsidiary Joinder Agreement”
shall be deemed to refer to the Subsidiary Joinder Agreement (as defined in the
Subsidiary Guaranty), (y) references therein to the “Subsidiary Guaranty” shall be
deemed to refer to the Subsidiary Guaranty and (z) references therein to the
“Administrative Agent” shall be deemed to refer to Lessor and the Administrative
Agent;

provided, however, (i) notwithstanding anything to the contrary set forth above, Sections 5.12
(which is titled “Indebtedness”), 5.13 (which is titled “Liens”) and 5.14 (which is titled
“Restricted Payments”) of the Lennox Revolver shall not be deemed to be incorporated by reference
into Section 5.3(d) of this Agreement until and unless the Lennox Revolver shall expire or
terminate, whereupon immediately following such expiration or termination such Sections will
automatically be deemed to be incorporated by reference into Section 5.3(d) of this Agreement
(subject to the qualifications set forth above) without any action being taken by Guarantor,
Lessor, Lessee, the Lenders, the Administrative Agent or any other party, and (ii) notwithstanding
the incorporation of Section 5.09 of the Lennox Revolver into this Agreement by reference, for
purposes of this Agreement, such Section 5.09 will not be construed to restrict any payments or
transactions between Guarantor and any Subsidiary or between any Subsidiaries of Guarantor that,
according to Section 5.16 of the Lennox Revolver (which is titled “Limitation on Restrictive
Agreements”), are not to be restricted.

For purposes of determining requirements, calculations, Lease Defaults or Lease Events of Defaults
established in this Agreement or other Operative Documents by reference to the Lennox Revolver, the
Lennox Revolver will be construed as if:

5

 

     • the Lennox Revolver continued indefinitely (and obligations of Guarantor remained
outstanding thereunder), notwithstanding any expiration or termination thereof;

     • no amendment, restatement or modification of, or waiver or consent under, the Lennox
Revolver (each, a “Lennox Revolver Amendment”) had been executed or granted after
September 22, 2008 other than a Lennox Revolver Amendment approved in writing by Lessor and
the Required Lenders; provided, however, that (i) if the Lessor or any of its Affiliates is
a party to the Lennox Revolver and Lessor or such Affiliate provides its consent to a Lennox
Revolver Amendment, then such consent will constitute Lessor’s written approval of such
Lennox Revolver Amendment for purposes of this Agreement and the other Operative Documents
without the necessity of any further action and (ii) if any Lender or any of such Lender’s
Affiliates is a party to the Lennox Revolver and such Lender or such Affiliate provides its
consent to a Lennox Revolver Amendment, then such consent will constitute such Lender’s
written approval of such Lennox Revolver Amendment for purposes of this Agreement and the
other Operative Documents without the necessity of any further action;

     • the Lennox Revolver required Lessee to deliver to Lessor and Administrative Agent
copies of the notices, certificates and other documents required by the provisions listed
above during the time frames prescribed by such provisions for delivery to the
administrative agent or lenders under the Lennox Revolver (except that (i) in cases where
the Lennox Revolver requires notice of any Default or Event of Default, such requirement
will be construed to require notice of a Lease Default or Lease Event of Default, and (ii)
any certificate of compliance or similar notice required of Guarantor by the Lennox Revolver
will include such modifications as may be appropriate to allow Lessor and Administrative
Agent to determine compliance with the Operative Documents by Lessee and Guarantor and
applicable calculations required under the Operative Documents, rather than Guarantor’s
compliance with the Lennox Revolver and calculations required under the Lennox Revolver);

     • the Lennox Revolver required Lessor’s and Required Lender’s approval or consent to
anything for which the Lennox Revolver requires the consent or approval of any agent or
lender thereunder, including any document, instrument or provision that any of the Sections
listed above describes as being “in form and substance satisfactory to” (or by words of like
effect) any agent or lender thereunder.”

     Section 3. Amendment to the Original Credit Agreement. Subject to the covenants,
terms and conditions set forth in this Amendment, and the representations contained herein, Lessor,
Agent and Lender hereby amend the Original Credit Agreement as follows, and Lessee and Guarantor
consent to the following amendments:

          (a) Amendment to Section 4.1. The following sentences shall be added to the
end of Section 4.1 of the Original Credit Agreement:

“In connection with that certain First Omnibus Amendment to Operative
Documents, dated as of September 22, 2008, Lessor hereby agrees to cause the
existing Interest Rate Swap Agreement to accurately reflect the

6

 

Applicable Margin. For the avoidance of doubt, Lender hereby confirms that
The Bank of Tokyo, Ltd., a New York agency is a satisfactory counterparty to
the Interest Rate Swap Agreement.”

     Section 4. Amendments to Appendix A to the Operative Documents. Subject to the
covenants, terms and conditions set forth in this Amendment and in reliance upon the
representations and warranties contained herein, the parties hereto hereby amend Appendix A
to the Lease Agreement, Participation Agreement and Credit Agreement (“Appendix A”) as
follows:

     (a) Interpretation. With respect to each definition contained in Section 4 of this
Amendment that is defined as “has the meaning set forth in the Lennox Revolver”, all references to
“Borrower” in the Lennox Revolver shall be deemed to mean “Parent Guarantor” for purposes of such
definition.

     (b) Amendment and Restatement of Definitions. The definitions of “Adjusted EBITDA,”
“Applicable Margin,” “Appraisal,” “Consolidated Indebtedness,” “Consolidated Net Income,” “Debt to
Adjusted EBITDA Ratio,” “EBITDA,” “Equity Interests,” “Guarantor”, “Guarantor Document,”
“Guaranty”, “Interest Expenses,” “Lennox Revolver,” “Loan”, “Prime Rate”, “Subject Indebtedness”
and “Surrender Obligation” found in Appendix A are hereby amended and restated in their
entirety to read as follows:

     “‘Adjusted EBITDA’ has the meaning set forth in the Lennox Revolver.”

     “‘Applicable Margin’ with respect to interest on the Loan and Yield on
the Equity Investment, shall mean the applicable basis point spread set
forth below corresponding to the Debt to Adjusted EBITDA Ratio of Guarantor
in effect as of the most recent Calculation Date:

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Applicable
	 	 	 	 	Applicable	 	Margin on
	 	 	 	 	Margin on	 	Equity
	Pricing	 	Debt to Adjusted	 	Loan	 	Investment
	Level	 	EBITDA Ratio	 	(basis points)	 	(basis points)
	I
	 	Less than or equal to 1.00 to 1.00

	 	 	117.5	 	 	 	180	 
	II
	 	Less than or equal to 1.50 to 1.0 but greater than 1.00 to 1.0

	 	 	125	 	 	 	200	 
	III
	 	Less than or equal to 2.00 to 1.0 but greater than 1.50 to 1.0

	 	 	132.5	 	 	 	225	 
	IV
	 	Less than or equal to 2.50 to 1.0 but greater than 2.00 to 1.0

	 	 	140	 	 	 	275	 
	V
	 	Less than 3.00 to 1.00 but greater than 2.50 to 1.0

	 	 	152	 	 	 	300	 
	VI
	 	Greater than 3.00 to 1.00

	 	 	167	 	 	 	325	 

     The Applicable Margin for interest on the Loan and Yield on the Equity
Investment shall, in each case, be determined and adjusted as of each
Calculation Date. Each Applicable Margin shall be effective from one
Calculation date until the next Calculation Date. The initial Applicable
Margin, which shall be from and including September 22,

7

 

2008, shall be based on Pricing Level I (as shown above) and shall
remain at Pricing Level I until the first Calculation Date after September
22, 2008 and, thereafter, the Pricing Level shall be determined as set forth
herein.”

     “‘Appraisal’ means an Appraisal as defined in Section 3(e) of the
Participation Agreement and which complies with 12 C.F.R. ¶ 323 et seq. and
FIRREA.”

     “‘Assignment of Guaranty’ means, collectively, the Assignment of Parent
Guaranty and the Assignment of Subsidiary Guaranty.

     “‘Consolidated Indebtedness’ has the meaning set forth in the Lennox
Revolver.”

     “‘Consolidated Net Income’ has the meaning set forth in the Lennox
Revolver.”

     “‘Debt to Adjusted EBITDA Ratio’ has the meaning set forth in the
Lennox Revolver.”

     “‘EBITDA’ has the meaning set forth in the Lennox Revolver.”

     “‘Equity Interests’ has the meaning set forth in the Lennox Revolver.”

     “‘Guarantor’ means, Parent Guarantor and/or Subsidiary Guarantors, as
the context may require, provided, however, in Section 13.3 of the Lease
Agreement references to Guarantor shall refer only to the Parent Guarantor.”

     “‘Guarantor Document’ is defined in Section 4.3(a) of the Participation
Agreement.”

     “‘Guaranty’ means, the Parent Guaranty and/or the Subsidiary Guaranty,
as the context may require; provided, however, in Section 13.3 of the Lease
Agreement references to Guaranty shall refer only to the Parent Guaranty.”

     “‘Interest Expenses’ has the meaning set forth in the Lennox Revolver.”

     “‘Lease Balance’ means, as of any date of determination and subject to
Section 2.5(c) of the Participation Agreement, an amount equal to the
aggregate sum of the outstanding principal amount of the Equity Investment
and the Loan. The Lease Balance as of September 22, 2008 equals
$41,202,994.25.”

8

 

     “‘Lennox Revolver’ means the Third Amended and Restated Revolving
Credit Facility Agreement dated as of October 12, 2007, among Guarantor, as
borrower, Bank of America, N.A., as administrative agent, JPMorgan Chase
Bank, N.A. and Wachovia Bank, National Association, as co-syndication
agents, The Bank of Tokyo-Mitsubishi UFJ, Ltd. and Wells Fargo Bank, N.A.,
as co-documentation agents, and U.S. Bank National Association and The Bank
of Nova Scotia, as co-managing agents, and Banc of America Securities LLC
and J.P. Morgan Securities, Inc., as joint lead arrangers and joint book
managers, and the lenders party thereto, as amended, supplemented or
otherwise modified from time to time.”

     “‘Loan” means the term loan made to Lessor by Lender in an amount equal
to $32,962,395.40.”

     “‘Prime Rate’ means the per annum rate announced from time to time in
New York City by The Bank of Tokyo – Mitsubishi UFJ, Ltd. as its prime rate,
changing as and when said prime rate shall change.

     “‘Subject Indebtedness’ has the meaning set forth in the Lennox
Revolver.”

     (c) Amendment to Defined Term. The defined term “Permitted Allocation” found in
Appendix A is hereby amended by replacing the word “Allocation” with the word
“Alterations”.

     (d) Additional Definitions. Appendix A is hereby amended by adding the
following definitions in the correct alphabetical order thereto:

               “‘Assignment of Subsidiary Guaranty’ means the Assignment of Subsidiary Guaranty, dated as of
September 22, 2008, from Lessor to Administrative Agent, and consented to by each Subsidiary
Guarantor.

               “Assignment of Parent Guaranty” means the Assignment of Parent Guaranty, dated as of June 22,
2006, from Lessor to Administrative Agent, and consented to by Parent Guarantor.

               “‘Event of Default” means a Lease Event of Default, Loan Event of Default and/or an Event of
Default as defined in the Guaranty, as the context may require.

               “‘Indebtedness’ has the meaning set forth in the Lennox Revolver.”

     “‘Lennox Revolver Amendment’ is defined in Section 5.3(d) of the
Participation Agreement.”

     “‘Parent Guarantor’ means Lennox International Inc., a Delaware
corporation.

9

 

     “‘Parent Guaranty’ means that certain Guaranty, dated as of June 22,
2006 by Parent Guarantor in favor of Lessor, the Lenders, Administrative
Agent and Indemnitees.

     “‘Subsidiary Guarantors’ means, collectively, Lennox Industries Inc., an Iowa
corporation, Allied Air Enterprises Inc., a Delaware corporation, Service Experts
LLC, a Delaware limited liability company, Lennox Global Ltd., a Delaware
corporation, and any other Subsidiary of the Parent Guarantor required to become a
party to the Subsidiary Guaranty, and ‘Subsidiary Guarantor’ means any of the
foregoing.”

     “‘Subsidiary Guaranty’ means that certain Subsidiary Guaranty, dated as of
September 22, 2008 by Subsidiary Guarantors in favor of Lessor, the Lenders,
Administrative Agent and Indemnitees.

     (e) Deletion of Definition. Appendix A is hereby amended by deleting the
first definition of “Lien” appearing therein.

     Section 5. Amendments to Operative Documents. Notwithstanding anything to the
contrary contained in any Operative Document, each of the Operative Documents is hereby amended as
follows: (1) all references in each Operative Document to the “Participation Agreement”
shall be deemed to refer to the Original Participation Agreement as amended hereby, (2) all
references in each Operative Document to the “Lease Agreement” shall be deemed to refer to
the Original Lease Agreement as amended hereby, (3) all references in each Operative Document to
the “Credit Agreement” shall be deemed to refer to the Original Credit Agreement as amended
hereby, (4) all references in each Operative Document to “Appendix A” shall be deemed to refer to
Appendix A as amended hereby, (5) all references in each Operative Document to the “Operative
Documents” shall be deemed to refer to the Operative Documents as such Operative Documents been
amended pursuant to the terms hereof and shall include the Assignment of the Subsidiary Guaranty
and all other amendments, documents and assignment executed in connection herewith, and (6) all
references in each Operative Document to “Lender” or “Administrative Agent” shall mean Compass
Bank, an Alabama banking corporation, in its capacity as Lender or Administrative Agent, as
applicable.

     Section 6. Conditions Precedent. The parties hereto agree that this Amendment shall
not be effective until the satisfaction in full of each of the following conditions precedent, each
in a manner satisfactory to the Agent in its reasonable discretion:

     (a) Execution and Delivery of this Amendment. The Agent shall have received a
counterpart of this Amendment executed and delivered by Lessor, each Guarantor, Lessee, Agent and
Lender.

     (b) Execution and Delivery of Other Documents. The Agent shall have received a
counterpart of the following documents executed and delivered by Lessor, each Guarantor, Lessee,
Agent and/or Lender, as applicable:

          (i) Allonge to Note;

10

 

          (ii) Subsidiary Guaranty;

          (iii) Assignment of Subsidiary Guaranty;

          (iv) Assignment of Deed of Trust, Assignment of Leases and Rents, Security Agreement and
Fixture Filing; and

          (v) Assignment of and Amendment No. 1 to Assignment of Lease Agreement.

     (c) Representations and Warranties. Each of the representations and warranties made
in this Amendment shall be true and correct on and as of the date hereof, as if made on and as of
such date, both before and after giving effect to the amendments set forth herein.

     Section 7. Representations and Warranties.

     (a) Representations and Warranties of Lessee. To induce the parties hereto to enter
into this Amendment, Lessee represents and warrants to Lessor, Agent and Lender as follows:

          (i) No Defaults. After giving effect to this Amendment, no Lease Event of Default
exists.

          (ii) Binding Effect. This Amendment, the Lease Agreement and the Participation
Agreement constitute the legal, valid and binding obligations of the Lessee, and, as applicable,
the Parent Guarantor, enforceable against the Lessee, and, as applicable, the Parent Guarantor, in
accordance with their respective terms, except as enforceability may be limited by applicable
bankruptcy, insolvency, or similar laws affecting the enforcement of creditors’ rights generally or
by equitable principles of general applicability.

          (iii) Authorization. The execution, delivery and performance of this Amendment has
been authorized by all requisite corporate action on the part of the Lessee and Parent Guarantor
and will not violate the Lessee’s charter or by-laws.

          (iv) Bring-Down of Representation. All of the representations contained in Section
4.1 of the Original Participation Agreement are true, correct and complete as of the date hereof,
provided, that, for the purposes of the foregoing representation, references to “this Agreement”
contained in the representations in Section 4.1 shall be deemed to include a reference to this
Amendment; and all references to the “Operative Documents” therein shall refer to the Operative
Documents as amended pursuant to this Amendment and the other amendments being executed and
delivered in connection herewith.

     (b) Representations and Warranties of Lessor. To induce the parties hereto to enter
into this Amendment, Lessor represents and warrants to Lessee, each Guarantor, Agent and Lender
that all of the representations contained in Section 4.2 of the Participation Agreement are true,
correct and complete as of the date hereof, provided, that, for the purposes of the foregoing
representation, references to “this Agreement” contained in the representations in Section 4.2
shall be deemed to include a reference to this Amendment; and all references to the “Operative

11

 

Documents” therein shall refer to the Operative Documents as amended pursuant to this
Amendment and the other amendments being executed and delivered in connection herewith.

     (c) Representations and Warranties of Parent Guarantor. To induce the parties hereto
to enter into this Amendment, Parent Guarantor represents and warrants to Lessor, Agent and Lender
as follows:

          (i) Each Subsidiary Guarantor is a wholly owned Subsidiary of Parent Guarantor.

          (ii) All of the representations contained in Section 4.3 of the Original Participation
Agreement (other than the representation contained in Section 4.3(f)(iv) thereof) are true, correct
and complete as of the date hereof, provided, that, for the purposes of the foregoing
representation, references to “Guarantor” contained therein shall be deemed to refer to Parent
Guarantor; references to the “Guaranty” contained therein shall be deemed to refer to the Parent
Guaranty; references to “this Agreement” contained therein shall be deemed to include a reference
to this Amendment; and all references to the “Operative Documents” therein shall refer to the
Operative Documents as amended pursuant to this Amendment and the other amendments being executed
and delivered in connection herewith. With respect to the representation in Sections 4.3(h) and
(i) of the Participation Agreement, the references to “December 31, 2005” shall be deleted and
replaced with “December 31, 2007”.

          (iii) The expected post-retirement benefit obligation (determined as of the last day of the
Borrower’s most recently ended fiscal year in accordance with Financial Accounting Standards Board
Statement No. 106, without regard to liabilities attributable to continuation coverage mandated by
Section 4980B of the Code) of Guarantor and its Subsidiaries was approximately $17,628,620 as of
December 31, 2007.

     (d) Representations and Warranties of Subsidiary Guarantors. To induce the parties
hereto to enter into this Amendment, each Subsidiary Guarantor represents and warrants to Lessor,
Agent and Lender as follows:

          (i) Organization; Corporate Powers. Each Subsidiary Guarantor (i) is a corporation
duly organized and validly existing under the laws of the state of its existence, and (ii) has all
requisite legal power and authority to enter into this Amendment, the Subsidiary Guaranty and each
other Operative Document to which it is a party (the “Subsidiary Guarantor Documents”), to
perform and observe the terms and conditions hereof, and has all requisite legal power and
authority to own its properties and conduct its business as currently conducted except for such
licenses, permits and approvals which would not, individually or in the aggregate, have a material
adverse effect on such Subsidiary Guarantor’s ability to perform the Guaranteed Obligations (as
defined in the Subsidiary Guaranty). Each Subsidiary Guarantor is qualified to do business as a
foreign corporation in all jurisdictions where its ownership of property or the nature of its
business required such qualification except where the failure to do so could not reasonably be
expected to have a Material Adverse Effect on such Subsidiary Guarantor. Each Subsidiary Guarantor
Document has been duly authorized, executed and delivered by each Subsidiary Guarantor that is a
party thereto and constitutes the legal, valid and binding obligation of such Subsidiary Guarantor
enforceable against such Subsidiary Guarantor in accordance with

12

 

its terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization and
other laws of general application relating to or affecting the enforcement of creditors’ rights and
general principles of equity.

          (ii) Litigation. No litigation, investigation or proceeding of or before any
arbitrator or Governmental Authority is pending against or, to the knowledge of any Subsidiary
Guarantor, threatened against or affecting any Subsidiary Guarantor or any of its Subsidiaries (A)
as to which there is a reasonable possibility of an adverse determination that could reasonably be
expected to have, either individually or in the aggregate, a Material Adverse Effect or (B) which
in any manner draws into question the validity or enforceability of this Amendment or any other
Operative Document.

          (iii) Conflicts. No Subsidiary Guarantor is subject to any Contractual Obligation or
restriction or to any order, rule, regulation, writ, injunction or decree of any court or
Governmental Authority or to any Applicable Law which materially and adversely affects its ability
to perform the Guaranteed Obligations (as defined in the Subsidiary Guaranty). The execution,
delivery and performance by each Subsidiary Guarantor of each Subsidiary Guarantor Document to
which it is a party do not and will not (i) conflict or result in a breach of or constitute a
default under (A) any Applicable Law in effect as of the date of delivery of such Subsidiary
Guarantor Documents, (B) the articles of incorporation or by-laws of such Subsidiary Guarantor,
(C) any material agreement or instrument to which such Subsidiary Guarantor is a party or by which
it is bound, or (D) any order, writ, injunction or decree of any court or other Governmental
Authority, or (ii) result in the creation or imposition of any Lien upon such Subsidiary
Guarantor’s property pursuant to such agreement or instrument.

          (iv) Approvals. The execution, delivery and performance by each Subsidiary Guarantor
of each Subsidiary Guarantor Document to which it is a party do not require (i) any stockholder
approval or the consent or approval of any of such Subsidiary Guarantor’s creditors (except as have
already been obtained in writing), or (ii) any authorization, consents, or approvals of, or filings
with, any Governmental Authority, except for such authorization, consents, approvals or filings
which have been obtained and are in full force and effect.

          (v) Solvency. Each Subsidiary Guarantor is and, upon consummation of the transactions
contemplated by this Amendment and the Subsidiary Guaranty, will be, Solvent. Transactions are in
furtherance of each Subsidiary Guarantor’s ordinary business purposes and in furtherance of its
corporate purposes with no contemplation of insolvency and with no intent to hinder, delay or
defraud any of its present or future creditors.

     Section 8. Successor Administrative Agent. Pursuant to Section 6.3 of the Credit
Agreement, Lender hereby appoints Compass as successor Administrative Agent under the Credit
Agreement, and Compass Bank hereby accepts the appointment as successor Administrative Agent and
represents that it satisfies the requirements for a successor Administrative Agent pursuant
thereto.

     Section 9. Reaffirmation of the Parent Guaranty. Parent Guarantor hereby
acknowledges and consents to the amendments to the Operative Documents set forth herein as well as
the amendments executed in connection herewith and reaffirms its obligations under the

13

 

Parent Guaranty. The Parent Guaranty shall remain in full force and effect and shall not be
released, discharged or affected by (i) any extension granted by any Guaranty Beneficiary of the
time for any payment by the Subsidiary Guarantors, (ii) any modification or amendment of the
obligations of the Subsidiary Guarantors under the Subsidiary Guaranty, (iii) the release of
Subsidiary Guarantors from their performance under the Subsidiary Guaranty, (iv) any merger or
consolidation of any Subsidiary Guarantor or the sale, lease or transfer of any of the assets of
any Subsidiary Guarantor, or (v) any change in the corporate relationship between Guarantor and any
Subsidiary Guarantor.

     Section 10. Miscellaneous.

     (a) Headings. Section and subsection headings in this Amendment are included herein
for convenience of reference only and shall not constitute a part of this Amendment for any other
purpose or be given any substantive effect.

     (b) Limitation of Liability. The parties hereto agree that notwithstanding anything
to the contrary contained herein, Lessor’s liability hereunder is limited as set forth in Section
8.10 of the Participation Agreement.

     (c) APPLICABLE LAW. THIS AMENDMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED
BY THE LAW OF THE STATE OF NEW YORK.

     (d) Counterparts. This Amendment may be executed in any number of counterparts and by
any combination of the parties hereto in separate counterparts, each of which counterparts shall be
an original and all of which taken together shall constitute one and the same Amendment. Delivery
of this Amendment may be made by telecopy or electronic transmission of a duly executed counterpart
copy hereof; provided that any such delivery by electronic transmission shall be effective
only if transmitted in .pdf format, .tif format or other format in which the text is not readily
modifiable by any recipient thereof.

     (e) FINAL AGREEMENT. THIS AMENDMENT REPRESENTS THE FINAL AGREEMENT AMONG THE PARTIES
AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF
THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

[Remainder of this page blank; signature pages follow]

14

 

     IN WITNESS WHEREOF, the undersigned have each caused this Amendment to be duly executed and
delivered and attested by their respective officers thereunto duly authorized as of the day and
year first above written.

	 	 	 	 	 	 	 	 	 
	 	 	BTMU CAPITAL CORPORATION, as Lessor	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:
	 	/s/ Cheryl A. Behan
 

Name: Cheryl A. Behan
	 	 
	 

	 	 	 	 	 	Title: Senior Vice President	 	 

 

 

	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	LENNOX PROCUREMENT COMPANY INC.,	 	 
	 	 	as Lessee	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:
	 	/s/ Gary A. Larson
 

Name: Gary A. Larson
	 	 
	 

	 	 	 	 	 	Title: Treasurer	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	LENNOX INTERNATIONAL INC., as Parent Guarantor	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:
	 	/s/ Gary A. Larson
 

Name: Gary A. Larson
	 	 
	 

	 	 	 	 	 	Title: Treasurer	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	LENNOX INDUSTRIES INC., as a Subsidiary Guarantor	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:
	 	/s/ Gary A. Larson
 

Name: Gary A. Larson
	 	 
	 

	 	 	 	 	 	Title: Treasurer	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	ALLIED AIR ENTERPRISES INC., as a Subsidiary	 	 
	 	 	Guarantor	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:
	 	/s/ Gary A. Larson
 

Name: Gary A. Larson
	 	 
	 

	 	 	 	 	 	Title: Treasurer	 	 

 

 

	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	SERVICE EXPERTS LLC, as a Subsidiary Guarantor	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:
	 	/s/ Gary A. Larson
 

Name: Gary A. Larson
	 	 
	 

	 	 	 	 	 	Title: Treasurer	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	LENNOX GLOBAL LTD., as a Subsidiary Guarantor	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:
	 	/s/ Gary A. Larson
 

Name: Gary A. Larson
	 	 
	 

	 	 	 	 	 	Title: Treasurer	 	 

 

 

	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	COMPASS BANK, as Agent and Lender	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:
	 	/s/ Thomas Blake
 

Name: Thomas Blake
	 	 
	 

	 	 	 	 	 	Title: Senior Vice President	 	 

 

 

SCHEDULE 1

BASIC RENT SCHEDULE

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Basic Rent plus
	 	 	 	 	 	 	 	 	 	 	Additional	 	Additional
	Payment Date	 	Period	 	Basic Rent	 	Payment	 	Payment
	6/22/2006

	 	 	0	 	 	 	 	 	 	 	 	 	 	 	 	 
	9/22/2006

	 	 	1	 	 	 	705,704.28	 	 	 	824,059.89	 	 	 	1,529,764.17	 
	12/22/2006

	 	 	2	 	 	 	564,563.43	 	 	 	 	 	 	 	564,563.43	 
	3/22/2007

	 	 	3	 	 	 	560,098.67	 	 	 	 	 	 	 	560,098.67	 
	6/22/2007

	 	 	4	 	 	 	559,602.59	 	 	 	 	 	 	 	559,602.59	 
	9/22/2007

	 	 	5	 	 	 	559,602.59	 	 	 	 	 	 	 	559,602.59	 
	12/22/2007

	 	 	6	 	 	 	559,602.59	 	 	 	 	 	 	 	559,602.59	 
	3/22/2008

	 	 	7	 	 	 	559,602.59	 	 	 	 	 	 	 	559,602.59	 
	6/22/2008

	 	 	8	 	 	 	664,456.29	 	 	 	 	 	 	 	664,456.29	 
	9/22/2008

	 	 	9	 	 	 	699,503.23	 	 	 	 	 	 	 	699,503.23	 
	12/22/2008

	 	 	10	 	 	 	741,283.07	 	 	 	 	 	 	 	741,283.07	 
	3/22/2009

	 	 	11	 	 	 	741,283.07	 	 	 	 	 	 	 	741,283.07	 
	6/22/2009

	 	 	12	 	 	 	741,283.07	 	 	 	 	 	 	 	741,283.07	 
	9/22/2009

	 	 	13	 	 	 	741,283.07	 	 	 	 	 	 	 	741,283.07	 
	12/22/2009

	 	 	14	 	 	 	741,283.07	 	 	 	 	 	 	 	741,283.07	 
	3/22/2010

	 	 	15	 	 	 	741,283.07	 	 	 	 	 	 	 	741,283.07	 
	6/22/2010

	 	 	16	 	 	 	741,283.07	 	 	 	 	 	 	 	741,283.07	 
	9/22/2010

	 	 	17	 	 	 	741,283.07	 	 	 	 	 	 	 	741,283.07	 
	12/22/2010

	 	 	18	 	 	 	741,283.07	 	 	 	 	 	 	 	741,283.07	 
	3/22/2011

	 	 	19	 	 	 	741,283.07	 	 	 	 	 	 	 	741,283.07	 
	6/22/2011

	 	 	20	 	 	 	741,283.07	 	 	 	 	 	 	 	741,283.07	 
	9/22/2011

	 	 	21	 	 	 	741,283.07	 	 	 	 	 	 	 	741,283.07	 
	12/22/2011

	 	 	22	 	 	 	741,283.07	 	 	 	 	 	 	 	741,283.07	 
	3/22/2012

	 	 	23	 	 	 	741,283.07	 	 	 	 	 	 	 	741,283.07	 
	6/22/2012

	 	 	24	 	 	 	741,283.07	 	 	 	 	 	 	 	741,283.07	 
	9/22/2012

	 	 	25	 	 	 	741,283.07	 	 	 	 	 	 	 	741,283.07	 
	12/22/2012

	 	 	26	 	 	 	741,283.07	 	 	 	 	 	 	 	741,283.07	 
	3/22/2013

	 	 	27	 	 	 	741,283.07	 	 	 	 	 	 	 	741,283.07	 
	6/22/2013

	 	 	28	 	 	 	741,283.07	 	 	 	 	 	 	 	741,283.07

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00147-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00147-of-00352.parquet"}]]