Document:

exv10w4

Exhibit
10.4

Amendment #5 to Lease

1. Parties.

     This Amendment, dated as of August 15, 2008, is between 400 Minuteman LLC (“Landlord”), and
NaviSite, Inc. (“Tenant”).

2. Recitals.

     2.1 Landlord’s predecessor in interest, 400 Minuteman Limited Partnership, and Tenant
entered into a lease, dated as of May 14, 1999, for space in the building at 400 Minuteman Road,
Andover, Massachusetts (the “Building) (as now or hereafter amended or extended, the “Lease”).
Unless otherwise defined, terms in this Amendment have the same meanings as those in the Lease.

     2.2 Tenant wishes to install additional fiber optic cable to Tenant’s data center in the
Building for Tenant’s telecommunications purposes through Landlord’s existing infrastructure. To
accomplish this, for good and valuable consideration, the receipt and sufficiency of which are
acknowledged, the parties agree and the Lease is amended as follows as of this date,
notwithstanding anything to the contrary:

3. Amendments.

     3.1 Definitions.

          (a) “Equipment” means new fiber optic cable, new 1 1/4” innerduct through which the cable
will travel, and any associated electronic equipment necessary to provide fiber optic
telecommunications service to the Building using this fiber optic cable.

          (b) “Pathway” means the pathway to the Building in which the Equipment will be installed. As
shown in Attachment #1 (the Lightower Lateral Sketch not-to-scale, dated 2/7/2008), the
Pathway originates at a riser pole located at the River Road right-of-way identified as Pole 57
and proceeds to the Building at a proposed D-Mark location via Pole 5062 on Old River Road and
then through existing underground infrastructure consisting of manholes and empty 4” continuous
ducts in the existing duct bank that traverses a route via various easements across other property
owned by the Minuteman Park property owners listed below (the “Other Owners”) and then across the
Project through Manholes number 7, 9, 16 and 15. The Other Owners are:

               (i) 150 Minuteman LLC, the owner of 150 Minuteman Road, where a portion of the Pathway is
located, comprising Manholes number 33 and 35 and approximately 619 lineal feet of underground
conduit;

               (ii) 200 Minuteman LLC, the owner of 200 Minuteman Road, where a portion of the Pathway is
located, comprising Manholes number 37, 32, 31, 30 and 17 and approximately 1,254 lineal feet of
underground conduit; and

               (iii) Minuteman Greenery LLC, the owner of the roadbed, parkway, sidewalks and curbs of
Minuteman Road where a portion of the Pathway is located, comprising Manholes number 43 and 38
and approximately 653 lineal feet of underground conduit.

     3.2 Installation; Maintenance.

 

 

          (a) Tenant will install the Equipment only in the Pathway and will permanently mark the
Equipment in the manholes so as to be fully visible to anyone who may use or maintain the
underground infrastructure. The installation of the Equipment will begin as soon as reasonably
possible and proceed diligently, in a good and workmanlike manner, and in accordance with
applicable Laws, the Lease and Landlord’s reasonable scheduling and coordination requirements.

          (b) Subject to Landlord’s prior written approval of locations, Tenant may use existing
unused or partially used conduit or openings passing through the Building’s core or horizontally
above the ceilings and hallways where space is available to install the fiber optic cable and
conduit.

          (c) During the Term Tenant will be solely responsible at its cost for installing,
maintaining, repairing and if necessary replacing the Equipment, and will promptly repair and if
necessary replace the Equipment in the Pathway if the Equipment is damaged. Tenant will not remove
the Equipment unless it promptly replaces it. All repairs and replacements will be of at least
equivalent quality and specifications. When the Term ends Tenant will leave the Equipment in place
and it will be deemed surrendered to Landlord without additional consideration.

          (d) Tenant will take all necessary steps to minimize any potential damage, but will be solely
responsible for, and promptly repair to Landlord’s reasonable satisfaction, any damage caused by
or arising from or in connection with the Equipment or its installation, operation, maintenance,
repair, replacement or removal.

     3.3 Liability. As a material inducement to Landlord and the Other
Owners, Tenant waives all claims against them and agrees that they and their respective Affiliates
will have absolutely no liability of any kind regardless of cause or fault in connection with the
Equipment or the services provided by the Equipment, including, without limitation, liability
arising from or in connection with installation, operation, maintenance, repair, replacement,
removal, damage, breakage, defect, or interruption of service, and Tenant will indemnify Landlord,
the Other Owners and their respective Affiliates from all Liabilities in connection therewith.

     3.4 Base Rent and Operating Costs: Other than the obligations outlined herein in
this Amendment #5, Tenant’s base rent and Operating Costs (as defined in the Lease) and any other
fees and or costs shall remain unchanged and in accordance with the terms of the Lease.

     3.5 Miscellaneous. Tenant does not have the right or power to Transfer its rights hereunder
or in connection with the Equipment except to a valid assignee of the Lease. Tenant has no rights
in the Pathway except to install, repair, maintain and replace the Equipment as set forth in this
Amendment during the Term. Without limiting the generality of this Amendment, Tenant’s
contractors and subcontractors will carry all insurance required by the Lease, name Landlord, the
Other Owners and their respective designees as additional insureds and provide complying
certificates of insurance before beginning work. Landlord, the Other Owners and their respective
Affiliates may inspect all work as it proceeds, but are not responsible for any of the work.
Tenant agrees that Landlord has fully complied with its Lease obligations. This Amendment may be
executed in counterparts, all of which together will constitute one agreement.

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IN WITNESS WHEREOF, intending to be legally bound, the parties have executed this Amendment #5 as
of the date in Section 1 above.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	NAVISITE, INC.	 	400 MINUTEMAN LLC
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	By:	 	/s/ Jim Pluntze	 	 	 	By:	 	Minuteman Master LLC, Sole Member	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Name:

Title:	 	Jim Pluntze

CFO	 	 	 	By:	 	150 Minuteman Limited Partnership,	 	 	 
	 	 	Authorized Signature	 	 	 		 	Managing Member
	 	 		 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	By:	 	Niuna-150 Minuteman, Inc.,	 	 
	 	 	 	 	 	 	 	 	 	 	General Partner	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	By:	 	/s/ MARTIN SPAGAT 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	Name:

Title:
	 	MARTIN SPAGAT

VICE PRESIDENT	 	 

Although their consent may not be required, the Other Owners nevertheless consent to this
Amendment, but they have no liability in connection with it

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	150 MINUTEMAN LLC	 	200 MINUTEMAN LLC	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	By:	 	Minuteman Master LLC, Sole Member	 	By:	 	Minuteman Master LLC, Sole Member	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	By:	 	150 Minuteman Limited Partnership,	 	By:	 	150 Minuteman Limited Partnership,	 	 
	 	 	Managing Member	 	 	 	 	 	Managing Member	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	By:	 	Niuna-150 Minuteman, Inc.,	 	By:	 	Niuna-150 Minuteman, Inc.,	 	 
	 	 	General Partner	 	 	 	General Partner	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	By:

	 	/s/ MARTIN SPAGAT 	 	 	By:	 	/s/ MARTIN SPAGAT 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Name:

Title:
	 	MARTIN SPAGAT

VICE PRESIDENT
	 	 	 	 	 	Name:

Title:
	 	MARTIN SPAGAT

VICE PRESIDENT	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	MINUTEMAN GREENERY LLC	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	By:	 	Minuteman Master LLC, Sole Member	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	By:	 	150 Minuteman Limited Partnership,	 	 	 	 	 	 	 	 
	 	 	Managing Member	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	By:	 	Niuna-150 Minuteman, Inc., 
General Partner	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	By:
	 	/s/ MARTIN SPAGAT 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Name:

Title:
	 	MARTIN SPAGAT

VICE PRESIDENT	 	 	 	 	 	 	 	 	 	 

-3-exv10w1

Exhibit 10.1

Execution Copy

AMENDMENT NO. 4

TO

SECOND AMENDED AND RESTATED LOAN AGREEMENT

     This AMENDMENT NO. 4 TO SECOND AMENDED AND RESTATED LOAN AGREEMENT (this “Amendment”)
is made and entered into as of the 11 day of December, 2008, by and among NATIONAL DENTEX
CORPORATION, a Massachusetts corporation (“Dentex”), its Subsidiaries listed on the
signature page(s) hereof (together with Dentex, collectively the “Borrowers”), and BANK OF
AMERICA, N.A. (the “Bank”). Capitalized terms used herein without definition shall have
the meaning ascribed to them in the Loan Agreement (as defined below).

     WHEREAS, the Borrowers and the Bank are parties to that certain Second Amended and Restated
Loan Agreement dated as of November 7, 2006, as amended by that certain Loan Modification Agreement
dated as of March 29, 2007, that certain Amendment to Second Amended and Restated Loan Agreement
dated as of October 24, 2007, that certain Amendment No. 2 to Second Amended and Restated Loan
Agreement dated as of May 9, 2008, and that certain Consent and Amendment No. 3 to Second Amended
and Restated Loan Agreement dated as of September 2, 2008 (collectively, as the same may be hereby
and further amended and in effect from time to time, the “Loan Agreement”), pursuant to
which the Bank has extended credit to the Borrowers on the terms set forth therein;

     WHEREAS, the Borrowers have requested the Bank to modify the Loan Agreement in certain
respects and to extend the Revolving Line of Credit Termination Date;

     WHEREAS, the Bank is willing to modify the Loan Agreement and the Revolving Line of Credit
Note by extending the Revolving Line of Credit Termination Date and in certain other respects as
requested, on the terms and conditions set forth herein.

     NOW, THEREFORE, in consideration of the foregoing, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby
agree as follows:

     1.     Amendment to Section 2(c)(i) of the Loan Agreement.     Section 2(c)(i) of the Loan
Agreement is hereby amended by deleting the reference to “1/8 of 1%” in the first line thereof and
replacing it with “1/2 of 1%”.

     2.     Amendment to Section 4(c) of the Loan Agreement.     Section 4(c) of the Loan
Agreement is hereby amended by deleting the table set forth in such Section in its entirety and
replacing it with the following:

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	“Ratio of Consolidated	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	Total Funded Debt to	 	 	Prime Rate	 	 	 	LIBOR Rate	 	 	 	Cost of Funds	 	 
	 	Consolidated EBITDA	 	 	Loans	 	 	 	Loans	 	 	 	Rate Loans	 	 
	 	Greater than or equal to 2.5:1.0
	 	 	 	0%    	 	 	 	 	3.50%  	 	 	 	 	3.50%  	 	 
	 	Greater than or equal to 2.25:1.0 but less than 2.5:1.0
	 	 	 	0%    	 	 	 	 	3.25%  	 	 	 	 	3.25%  	 	 
	 	Greater than or equal to 2.0:1.0 but less than 2.25:1.0
	 	 	 	0%    	 	 	 	 	3.00%  	 	 	 	 	3.00%  	 	 
	 	Greater than or equal to 1.75:1.0 but less than 2.0:1.0
	 	 	 	0%    	 	 	 	 	2.75%  	 	 	 	 	2.75%  	 	 
	 	Less than 1.75:1.0
	 	 	 	0%    	 	 	 	 	2.50%  	 	 	 	 	2.50%  	”	 
	 

     3.     Amendment to Section 4(p) of the Loan Agreement.     Section 4(p) of the Loan
Agreement is hereby amended by deleting the table set forth in such Section in its entirety and
replacing it with the following:

     “(p)     The term “Fixed Charge Coverage Ratio” shall mean as of the end of any
fiscal quarter of the Borrowers the ratio of (i) Consolidated Adjusted EBITDA for the
period of four consecutive fiscal quarters ending with such fiscal quarter, determined in
accordance with GAAP, to (ii) the sum of (A) the aggregate amount of principal payments of
Indebtedness of the Borrowers or any of their subsidiaries scheduled to have been made
during such period plus (B) the aggregate amount of interest expense of the
Borrowers or any of their subsidiaries for such period.”

     4.     Amendment to Section 4(dd) of the Loan Agreement.     Section 4(dd) of the Loan
Agreement is hereby amended by deleting the reference to “November 7, 2009” in the second line
thereof and replacing it with “November 7, 2011”.

     5.     Amendment to Section 4(kk) of the Loan Agreement.     Section 4(kk) of the Loan
Agreement is hereby amended by deleting such Section in its entirety and replacing it with the
following:

     “(kk) The term “Prime Rate” shall mean, for any day, a fluctuating
rate per annum equal to the highest of (a) the Federal Funds Rate plus 1/2 of 1%,
(b) the rate of interest in effect for such day as publicly announced from time to
time by the Bank as its “prime rate”, and (c) the LIBOR Lending Rate for an
Interest Period of 1-month beginning on such day plus 100 basis points. The “prime
rate” is a rate set by the Bank based upon various factors including the Bank’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 the Bank shall
take effect at the opening of business on the day specified in the public
announcement of such change.”

-2-

 

     6.     Amendment to Section 4 of the Loan Agreement.     Section 4 of the Loan Agreement is
hereby amended by inserting the following new clause (rr) at the end thereof:

     “(rr) The term “Federal Funds Rate” shall mean, 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 succeeding 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
the Bank on such day on such transactions as determined by the Bank.”

     7.     Amendment to Section 6(u) of the Loan Agreement.     Section 6(u) of the Loan
Agreement is hereby amended by deleting such Section in its entirety and replacing it with the
following:

     “(u) Maximum Consolidated Total Funded Debt to Consolidated EBITDA.
As of the end of any fiscal quarter, the ratio of (a) Consolidated Total Funded
Debt as of such date to (b) Consolidated EBITDA for the period of four (4)
consecutive fiscal quarters ending on the date of such calculation (i) prior to
and including March 30, 2009, shall not exceed 2.75:1.0; (ii) prior to and
including June 30, 2009, shall not exceed 2.50:1.0; (iii) prior to and including
September 30, 2009, shall not exceed 2.25:1.0; and (iv) thereafter shall not
exceed 2.0:1.0.”

     8.     Amendment to Revolving Line of Credit Note.     The fifth paragraph of the Revolving
Line of Credit Note is hereby amended by deleting the reference to “November 7, 2009” in the first
line thereof and replacing it with “November 7, 2011”.

     9.     Effective Dates and Conditions to Effectiveness.     The amendments contained herein
shall be effective as of the date hereof upon the receipt by the Bank of (i) a counterpart
signature page to this Amendment duly executed and delivered by each of the Borrowers; (ii) a
certificate, certified by a duly authorized officer of each Borrower to be true and complete as of
the date hereof, (a) attaching a copy of records of all corporate action taken by such Borrower to
authorize its execution and delivery of this Amendment, and the performance of all of its
agreements and obligations hereunder, (b) certifying that its charter and bylaws have not been
amended since last delivered to the Bank, and (c) certifying as to its good standing in

-3-

 

its jurisdiction of incorporation or organization; and (iii) a fee in the amount of $125,000
in respect of the Bank’s modification of the credit facilities contained in the Loan Agreement and
extension of the Revolving Line of Credit Termination Date, in each case as set forth herein.

     10.     Representations and Warranties.     Each of the Borrowers represents and warrants as
follows:

     (a)     The execution and delivery of this Amendment and the performance of each of this Amendment
and the Loan Agreement, as amended as of the date hereof, are within the corporate power and
authority of such Borrower and have been or will be authorized by proper corporate proceedings, and
do not (i) require any consent or approval of the stockholders of such Borrower, (ii) contravene
any provision of the charter documents or by-laws of such Borrower or any law, rule or regulation
applicable to such Borrower, or (iii) contravene any provision of, or constitute an event of
default or event which, but for the requirement that time elapse or notice be given, or both, would
constitute an event of default under, any other material agreement, instrument or undertaking
binding on such Borrower.

     (b)     This Amendment and the Loan Agreement, as amended as of the date hereof, and all of the
terms and provisions hereof and thereof are the legal, valid and binding obligations of such
Borrower enforceable in accordance with their respective terms except as limited by bankruptcy,
insolvency, reorganization, moratorium or other laws affecting the enforcement of creditors’ rights
generally, and except as the remedy of specific performance or of injunctive relief is subject to
the discretion of the court before which any proceeding therefor may be brought.

     (c)     Except with respect to filings with the U.S. Securities and Exchange Commission, the
execution, delivery and performance of this Amendment, as of the date hereof, do not require any
approval or consent of, or filing or registration with, any governmental or other agency or
authority, or any other party.

     (d)     Except as set forth on Schedule I hereto, each of the representations and
warranties of the Borrowers contained in the Loan Agreement (after giving effect to this Amendment)
or in any document or instrument delivered pursuant to or in connection with the Loan Agreement are
true and correct in all material respects as of the date hereof with the same effect as if made on
and as of the date hereof (except to the extent of changes resulting from transactions contemplated
or permitted by the Loan Agreement and changes occurring in the ordinary course of business which
singly or in the aggregate do not create a Material Adverse Effect, and to the extent that such
representations and warranties relate expressly to an earlier date).

     (e)     After giving effect to this Amendment, no Default or Event of Default under the Loan
Agreement has occurred and is continuing.

-4-

 

     11.     Ratification, etc.     Except as expressly amended hereby, the Loan Agreement, the
other Loan Documents and all documents, instruments and agreements related thereto are hereby
ratified and confirmed in all respects and shall continue in full force and effect. Each Borrower
hereby affirms all of its obligations under the Loan Agreement and under each of the other Loan
Documents to which it is a party and hereby affirms its absolute and unconditional promise to pay
to the Bank the Loans and all other amounts due under the Loan Agreement (as amended hereby) and
the other Loan Documents. This Amendment and the Loan Agreement shall hereafter be read and
construed together as a single document, and all references in the Loan Agreement or any related
agreement or instrument to the Loan Agreement shall hereafter refer to the Loan Agreement as
amended by this Amendment.

     12.     Governing Law.     This Amendment and the rights and obligations of the parties
hereunder shall be deemed to be a document executed under seal and shall be construed and
interpreted in accordance with the laws of the Commonwealth of Massachusetts (excluding the laws
applicable to conflicts or choice of law).

     13.     Delivery By Facsimile Or Other Electronic Transmission.     This Amendment, to the
extent signed and delivered by means of a facsimile machine or other electronic transmission in
which the actual signature is evident, shall be treated in all manner and respects as an original
agreement or instrument and shall be considered to have the same binding legal effect as if it were
the original signed version thereof delivered in person. At the request of any party hereto, each
other party hereto or thereto shall re-execute original forms hereof and deliver them to all other
parties. No party hereto shall raise the use of a facsimile machine or other electronic
transmission in which the actual signature is evident to deliver a signature or the fact that any
signature or agreement or instrument was transmitted or communicated through the use of a facsimile
machine or other electronic transmission in which the actual signature is evident as a defense to
the formation of a contract and each party forever waives such defense.

     14.     Counterparts.     This Amendment may be executed in any number of counterparts and by
different parties hereto on separate counterparts, each of which when so executed and delivered
shall be an original, but all of which counterparts taken together shall be deemed to constitute
one and the same instrument.

[Remainder of page intentionally blank]

-5-

 

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

	 	 	 	 	 
	NATIONAL DENTEX CORPORATION

 	 	 
	     By:  	/s/ Richard F. Becker, Jr.
 	 	 
	 	Name:  	Richard F. Becker, Jr. 	 	 
	 	Title:  	Executive Vice President and Treasurer 	 	 
	 

	 	 	 	 	 
	GREEN DENTAL LABORATORIES, INC.,

 	 	 
	     By:  	/s/ Richard F. Becker, Jr.
 	 	 
	 	Name:  	Richard F. Becker, Jr. 	 	 
	 	Title:  	Assistant Treasurer 	 	 
	 

	 	 	 	 	 
	KELLER GROUP, INCORPORATED

 	 	 
	     By:  	/s/ Richard F. Becker, Jr.
 	 	 
	 	Name:  	Richard F. Becker, Jr. 	 	 
	 	Title:  	Assistant Treasurer and Assistant Secretary 	 	 
	 

	 	 	 	 	 
	KELLER LABORATORIES, INCORPORATED — MIDWEST

 	 	 
	     By:  	/s/ Richard F. Becker, Jr.
 	 	 
	 	Name:  	Richard F. Becker, Jr. 	 	 
	 	Title:  	Assistant Treasurer and Assistant Secretary 	 	 
	 

	 	 	 	 	 
	KELLER LABORATORIES, INC. — SOUTHEAST

 	 	 
	     By:  	/s/ Richard F. Becker, Jr.
 	 	 
	 	Name:  	Richard F. Becker, Jr. 	 	 
	 	Title:  	Assistant Treasurer and Assistant Secretary 	 	 

-6-

 

	 	 	 	 	 

	 	 	 	 	 
	BANK OF AMERICA, N.A.,

as the Bank

 	 	 
	     By:  	/s/ Richard J. MacDonald
 	 	 
	 	Name:  	Richard J. MacDonald 	 	 
	 	Title:  	Vice President 	 	 
	 

-7-

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