Document:

Exhibit 4.3

Exhibit 4.3

REGISTRATION RIGHTS AGREEMENT

Dated as of October 13, 2010

Among

CAREY ACQUISITION CORP.

CAREY NEW FINANCE, INC.

ASSOCIATED MATERIALS, LLC

THE GUARANTORS NAMED HEREIN

and

DEUTSCHE BANK SECURITIES INC.

UBS SECURITIES LLC

and

BARCLAYS CAPITAL INC.

9.125% Senior Secured Notes due 2017

 

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page	 
	 
	 	 	 	 
	1. Definitions
	 	 	1	 
	2. Exchange Offer
	 	 	5	 
	3. Shelf Registration
	 	 	8	 
	4. Additional Interest
	 	 	9	 
	5. Registration Procedures
	 	 	10	 
	6. Registration Expenses
	 	 	18	 
	7. Indemnification and Contribution
	 	 	18	 
	8. Rule 144A
	 	 	22	 
	9. Underwritten Registrations
	 	 	22	 
	10. Miscellaneous
	 	 	23	 

 

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REGISTRATION RIGHTS AGREEMENT

This Registration Rights Agreement (this “Agreement”) is dated as of October 13, 2010,
among CAREY ACQUISITION CORP., a Delaware corporation ( “Merger Sub”), CAREY NEW FINANCE,
INC., a Delaware corporation (“Finance Sub”), ASSOCIATED MATERIALS, LLC, a Delaware limited
liability company (“AMLLC”), and the guarantors listed on the signature pages hereto,
(each, a “Guarantor”, and collectively, the “Guarantors”). References to the
“Company” refer to (x) before consummation of the Mergers (as defined in the Purchase
Agreement (as defined below)), Merger Sub, and (y) after consummation of the Mergers, AMLLC.
References to the “Company Issuers” refer to the Company and the Finance Sub on a joint and
several basis. The Company Issuers and the Guarantors are collectively referred to as the
“Issuers”, and DEUTSCHE BANK SECURITIES INC., as representative (the
“Representative”) of the several initial purchasers (the “Initial Purchasers”)
named on Schedule II to the Purchase Agreement.

This Agreement is entered into in connection with the Purchase Agreement, dated October 1,
2010, between the Company Issuers and the Initial Purchasers (the “Purchase Agreement”),
which provides for, among other things, the sale by the Company Issuers to the Initial Purchasers
of $730,000,000 aggregate principal amount of the Company Issuers’ 9.125% Senior Secured Notes Due
2017 (the “Notes”). The Notes are issued under an indenture, dated as of October 13, 2010
(as amended or supplemented from time to time, the “Indenture”), among the Company Issuers,
the Guarantors and Wells Fargo Bank, National Association, as trustee (the “Trustee”) and
as collateral agent. Pursuant to the Purchase Agreement and the Indenture, the Guarantors are
required to unconditionally guarantee (collectively, the “Guarantees”) on a senior basis
the Company Issuers’ obligations under the Notes and the Indenture. The Notes and the Guarantees
are collectively referred to as the “Securities.” In order to induce the Initial
Purchasers to enter into the Purchase Agreement, the Company Issuers have agreed to provide the
registration rights set forth in this Agreement for the benefit of the Initial Purchasers and,
except as otherwise set forth herein, any subsequent holder or holders of the Notes. The execution
and delivery of this Agreement is a condition to the Initial Purchasers’ obligation to purchase the
Notes under the Purchase Agreement.

The parties hereby agree as follows:

1. Definitions

As used in this Agreement, the following terms shall have the following meanings:

Additional Interest: See Section 4(a) hereof.

Advice: See the last paragraph of Section 5 hereof.

Agreement: See the introductory paragraphs hereto.

Applicable Period: See Section 2(b) hereof.

 

 

 

Business Day: Shall have the meaning ascribed to such term in Rule 14d-1 under the
Exchange Act.

Company: See the introductory paragraphs hereto.

Effectiveness Period: See Section 3(a) hereof.

Event Date: See Section 4(b) hereof.

Exchange Act: The Securities Exchange Act of 1934, as amended, and the rules and
regulations of the SEC promulgated thereunder.

Exchange Notes: See Section 2(a) hereof.

Exchange Offer: See Section 2(a) hereof.

Exchange Offer Registration Statement: See Section 2(a) hereof.

Exchange Securities: See Section 2(a) hereof.

FINRA: See Section 5(r) hereof.

Guarantees: See the introductory paragraphs hereto.

Guarantors: See the introductory paragraphs hereto.

Holder: Any holder of a Registrable Security or Registrable Securities.

Indenture: See the introductory paragraphs hereto.

Information: See Section 5(n) hereof.

Initial Purchasers: See the introductory paragraphs hereto.

Initial Shelf Registration: See Section 3(a) hereof.

Inspectors: See Section 5(n) hereof.

Issue Date: October 13, 2010, the date of original issuance of the Notes.

Issuers: See the introductory paragraphs hereto.

New Guarantees: See Section 2(a) hereof.

Notes: See the introductory paragraphs hereto.

Participant: See Section 7(a) hereof.

 

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Participating Broker-Dealer: See Section 2(b) hereof.

Person: An individual, trustee, corporation, partnership, limited liability company,
joint stock company, trust, unincorporated association, union, business association, firm or other
legal entity.

Private Exchange: See Section 2(b) hereof.

Private Exchange Notes: See Section 2(b) hereof.

Prospectus: The prospectus included in any Registration Statement (including, without
limitation, any prospectus subject to completion and a prospectus that includes any information
previously omitted from a prospectus filed as part of an effective registration statement in
reliance upon Rules 430A or 430C under the Securities Act), as amended or supplemented by any
prospectus supplement, and all other amendments and supplements to the Prospectus, including
post-effective amendments, and all material incorporated by reference or deemed to be incorporated
by reference in such Prospectus.

Purchase Agreement: See the introductory paragraphs hereof.

Records: See Section 5(n) hereof.

Registrable Securities: Each Security upon its original issuance and at all times
subsequent thereto, each Exchange Security as to which Section 2(c)(iv) hereof is applicable upon
original issuance and at all times subsequent thereto and each Private Exchange Note upon original
issuance thereof and at all times subsequent thereto, and, in each case, the related Guarantees,
until, in each case, the earliest to occur of (i) a Registration Statement (other than, with
respect to any Exchange Securities as to which Section 2(c)(iv) hereof is applicable, the Exchange
Offer Registration Statement) covering such Security, Exchange Security or Private Exchange Note
(and the related Guarantees) has been declared effective by the SEC and such Security, Exchange
Security or such Private Exchange Note (and the related Guarantees), as the case may be, has been
disposed of in accordance with such effective Registration Statement, (ii) such Security has been
exchanged pursuant to the Exchange Offer for an Exchange Security or Exchange Securities that may
be resold without restriction under state and federal securities laws, (iii) such Security,
Exchange Security or Private Exchange Note (and the related Guarantees), as the case may be, ceases
to be outstanding for purposes of the Indenture, (iv) the later of (x) the date which is two years
after the date the Notes were originally issued and (y) the date upon which such Note, Exchange
Note (and the related Guarantees) or Private Exchange Note has been resold in compliance with Rule
144; provided such Note, Exchange Note or Private Exchange Note following such resale does
not bear any restrictive legend relating to the Securities Act and does not bear a restricted CUSIP
number and (v) the Exchange Offer is consummated and such Security (x) is not a Security as to
which a valid request for a Private Exchange has been timely delivered to the Company and (y) was
not validly tendered in and not withdrawn from the Exchange Offer at the time of the consummation
thereof.

Registration Statement: Any registration statement of the Company Issuers that cover
any of the Securities, the Exchange Securities or the Private Exchange Notes (and the related
Guarantees) filed with the SEC under the Securities Act, including, in each case, the Prospectus,
amendments and supplements to such registration statement, including post-effective amendments, all
exhibits, and all material incorporated by reference or deemed to be incorporated by reference in
such registration statement.

 

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Rule 144: Rule 144 under the Securities Act.

Rule 144A: Rule 144A under the Securities Act.

Rule 405: Rule 405 under the Securities Act.

Rule 415: Rule 415 under the Securities Act.

Rule 424: Rule 424 under the Securities Act.

SEC: The U.S. Securities and Exchange Commission.

Securities: See the introductory paragraphs hereto.

Securities Act: The Securities Act of 1933, as amended, and the rules and regulations
of the SEC promulgated thereunder.

Shelf Notice: See Section 2(c) hereof.

Shelf Registration: See Section 3(b) hereof.

Shelf Registration Statement: Any Registration Statement relating to a Shelf
Registration.

Shelf Suspension Period: See Section 3(a) hereof.

Subsequent Shelf Registration: See Section 3(b) hereof.

TIA: The Trust Indenture Act of 1939, as amended.

Trustee: The trustee under the Indenture and the trustee under any indenture (if
different) governing the Exchange Securities and Private Exchange Notes (and the related
Guarantees).

Underwritten registration or underwritten offering: A registration in which
securities of the Company Issuers are sold to an underwriter for reoffering to the public.

Except as otherwise specifically provided, all references in this Agreement to acts, laws,
statutes, rules, regulations, releases, forms, no-action letters and other regulatory requirements
(collectively, “Regulatory Requirements”) shall be deemed to refer also to any amendments
thereto and all subsequent Regulatory Requirements adopted as a replacement thereto having
substantially the same effect therewith; provided that Rule 144 shall not be deemed to
amend or replace Rule 144A.

 

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2. Exchange Offer

(a) Unless the Exchange Offer would violate applicable law or any applicable interpretation of
the staff of the SEC, the Company Issuers shall use their commercially reasonable efforts to file
with the SEC a Registration Statement (the “Exchange Offer Registration Statement”) on an
appropriate registration form with respect to a registered offer (the “Exchange Offer”) to
exchange any and all of the Registrable Securities for a like aggregate principal amount of debt
securities of the Company Issuers (the “Exchange Notes”), guaranteed, to the extent
applicable, on an unsecured senior basis by the Guarantors (the “New Guarantees” and,
together with the Exchange Notes, the “Exchange Securities”), that are identical in all
material respects to the Notes, as applicable, except that (i) the Exchange Notes shall contain no
restrictive legend thereon, (ii) interest thereon shall accrue from the last date on which interest
was paid on such Notes or, if no such interest has been paid, from the Issue Date and (iii) which
are entitled to the benefits of the Indenture or a trust indenture which is identical in all
material respects to the Indenture (other than such changes to the Indenture or any such identical
trust indenture as are necessary to comply with the TIA) and which, in either case, has been
qualified under the TIA. The Exchange Offer shall comply with all applicable tender offer rules
and regulations under the Exchange Act and other applicable laws. The Company Issuers shall use
their commercially reasonable efforts to (x) prepare and file with the SEC the Exchange Offer
Registration Statement with respect to the Exchange Offer; (y) keep the Exchange Offer open for at
least 20 Business Days (or longer if required by applicable law) after the date that notice of the
Exchange Offer is sent to Holders; and (z) consummate the Exchange Offer as soon as practicable on
or prior to the 360th day following the Issue Date.

Each Holder (including, without limitation, each Participating Broker-Dealer) that
participates in the Exchange Offer, as a condition to participation in the Exchange Offer, will be
required to represent to the Company Issuers in writing (which may be contained in the applicable
letter of transmittal) that: (i) any Exchange Securities acquired in exchange for Registrable
Securities tendered are being acquired in the ordinary course of business of the Person receiving
such Exchange Securities, whether or not such recipient is such Holder itself; (ii) at the time of
the commencement or consummation of the Exchange Offer neither such Holder nor, to the actual
knowledge of such Holder, any other Person receiving Exchange Securities from such Holder has an
arrangement or understanding with any Person to participate in the distribution (within the meaning
of the Securities Act) of the Exchange Securities in violation of the provisions of the Securities
Act; (iii) neither the Holder nor, to the actual knowledge of such Holder, any other Person
receiving Exchange Securities from such Holder is an “affiliate” (as defined in Rule 405) of the
Company Issuers or, if it is an affiliate of the Company Issuers, it will comply with the
registration and prospectus delivery requirements of the Securities Act to the extent applicable
and will provide information to be included in the Shelf Registration Statement in accordance with
Section 5 hereof in order to have their Securities included in the Shelf Registration Statement and
benefit from the provisions regarding Additional Interest in Section 4 hereof; (iv) if such Holder
is not a broker-dealer, neither such Holder nor, to the actual knowledge of such Holder, any other
Person receiving Exchange Securities from such Holder is engaging in or intends to engage in a
distribution of the Exchange Securities; and (v) if such Holder is a Participating Broker-Dealer,
such Holder will receive the Exchange Securities for its own account in exchange for Securities
that were acquired as a result of other trading activities and that it will comply with the
applicable provisions of the Securities Act (including, but not limited to, the prospectus delivery
requirements thereunder).

 

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Upon consummation of the Exchange Offer in accordance with this Section 2, the provisions of
this Agreement shall continue to apply, mutatis mutandis, solely with respect to
Registrable Securities that are Private Exchange Notes (and the related Guarantees), Exchange
Securities as to which Section 2(c)(iv) is applicable and Exchange Securities held by Participating
Broker-Dealers, and the Company Issuers shall have no further obligation to register Registrable
Securities (other than Private
Exchange Notes (and the related Guarantees) and Exchange Securities as to which clause
2(c)(iv) hereof applies) pursuant to Section 3 hereof.

(b) The Company Issuers shall include within the Prospectus contained in the Exchange Offer
Registration Statement a section entitled “Plan of Distribution,” which shall contain a summary
statement of the positions taken or policies made by the staff of the SEC with respect to the
potential “underwriter” status of any broker-dealer that is the “beneficial owner” (as defined in
Rule 13d-3 under the Exchange Act) of Exchange Notes received by such broker-dealer in the Exchange
Offer (a “Participating Broker-Dealer”), whether such positions or policies have been
publicly disseminated by the staff of the SEC or such positions or policies represent the
prevailing views of the staff of the SEC. Such “Plan of Distribution” section shall also expressly
permit, to the extent permitted by applicable policies and regulations of the SEC, the use of the
Prospectus by all Participating Broker-Dealers, and include a statement describing the means by
which Participating Broker-Dealers may resell the Exchange Securities in compliance with the
Securities Act.

The Company Issuers shall use their commercially reasonable efforts to keep the Exchange Offer
Registration Statement effective and to amend and supplement the Prospectus contained therein in
order to permit such Prospectus to be lawfully delivered by all Persons subject to the prospectus
delivery requirements of the Securities Act for such period of time as is necessary to comply with
applicable law in connection with any resale of the Exchange Securities; provided,
however, that such period shall not be required to exceed 90 days, such longer period if
extended pursuant to the last paragraph of Section 5 hereof (the “Applicable Period”).

If, prior to consummation of the Exchange Offer, the Initial Purchasers hold any Notes
acquired by them that have the status of an unsold allotment in the initial distribution, the
Company Issuers, upon the request of the Initial Purchasers, shall simultaneously with the delivery
of the Exchange Notes issue and deliver to the Initial Purchasers, in exchange (the “Private
Exchange”) for such Notes held by any such Holder, a like principal amount of notes (the
“Private Exchange Notes”) of the Company Issuers, guaranteed by the Guarantors, that are
identical in all material respects to the Exchange Notes except for the placement of a restrictive
legend on such Private Exchange Notes. The Private Exchange Notes shall be issued pursuant to the
same indenture as the Exchange Notes and bear the same CUSIP number as the Exchange Notes if
permitted by the CUSIP Service Bureau.

In connection with the Exchange Offer, the Company Issuers shall:

(1) mail, or cause to be mailed, to each Holder of record entitled to participate in
the Exchange Offer a copy of the Prospectus forming part of the Exchange Offer Registration
Statement, together with an appropriate letter of transmittal and related documents;

(2) use their respective commercially reasonable efforts to keep the Exchange Offer
open for not less than 20 Business Days from the date that notice of the Exchange Offer is
sent to Holders (or longer if required by applicable law);

(3) permit Holders to withdraw tendered Notes at any time prior to the close of
business, New York time, on the last Business Day on which the Exchange Offer remains open;
and

 

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(4) otherwise comply in all material respects with all laws, rules and regulations
applicable to the Exchange Offer.

As soon as practicable after the close of the Exchange Offer and any Private Exchange, the
Company Issuers shall:

(1) accept for exchange all Registrable Securities validly tendered and not validly
withdrawn pursuant to the Exchange Offer and any Private Exchange;

(2) deliver to the Trustee for cancellation all Registrable Securities so accepted for
exchange; and

(3) cause the Trustee to authenticate and deliver promptly to each Holder of Notes,
Exchange Notes or Private Exchange Notes, as the case may be, equal in principal amount to
the Notes of such Holder so accepted for exchange; provided that, in the case of any
Notes held in global form by a depositary, authentication and delivery to such depositary of
one or more replacement Notes in global form in an equivalent principal amount thereto for
the account of such Holders in accordance with the Indenture shall satisfy such
authentication and delivery requirement.

The Exchange Offer and the Private Exchange shall not be subject to any conditions, other than
that (i) the Exchange Offer or Private Exchange, as the case may be, does not violate applicable
law or any applicable interpretation of the staff of the SEC; (ii) no action or proceeding shall
have been instituted or threatened in any court or by any governmental agency which might
materially impair the ability of the Company Issuers to proceed with the Exchange Offer or the
Private Exchange, and no material adverse development shall have occurred in any existing action or
proceeding with respect to the Company Issuers; and (iii) all governmental approvals shall have
been obtained, which approvals the Company Issuers deem necessary for the consummation of the
Exchange Offer or Private Exchange.

The Exchange Securities and the Private Exchange Notes (and related guarantees) shall be
issued under (i) the Indenture or (ii) an indenture identical in all material respects to the
Indenture and which, in either case, has been qualified under the TIA or is exempt from such
qualification and shall provide that the Exchange Securities shall not be subject to the transfer
restrictions set forth in the Indenture. The Indenture or such indenture shall provide that the
Exchange Notes, the Private Exchange Notes and the Notes shall vote and consent together on all
matters as one class and that none of the Exchange Notes, the Private Exchange Notes or the Notes
will have the right to vote or consent as a separate class on any matter.

(c) If, (i) because of any change in law or in currently prevailing interpretations of the
staff of the SEC, the Company Issuers are not permitted to effect the Exchange Offer, (ii) the
Exchange Offer is not consummated within 360 days of the Issue Date, (iii) any holder of Private
Exchange Notes so requests in writing to the Company Issuers at any time within 30 days after the
consummation of the Exchange Offer, or (iv) in the case of any Holder that participates in the
Exchange Offer, such Holder does not receive Exchange Securities on the date of the exchange that
may be sold without restriction under state and federal securities laws (other than due solely to
the status of such Holder as an affiliate of the Company Issuers within the meaning of the
Securities Act or, solely with respect to prospectus delivery
requirements, as a Participating Broker Dealer) and so notifies the Company Issuers within 30
days after such Holder first becomes aware of such restrictions, in the case of each of clauses (i)
to and including (iv) of this sentence, then the Company Issuers shall promptly deliver to the
Trustee (to deliver to the Holders) written notice thereof (the “Shelf Notice”) and shall
file a Shelf Registration pursuant to Section 3 hereof.

 

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3. Shelf Registration

If at any time a Shelf Notice is delivered as contemplated by Section 2(c) hereof, then:

(a) Shelf Registration. The Company Issuers shall promptly file with the SEC a
Registration Statement for an offering to be made on a continuous basis pursuant to Rule 415
covering all of the Registrable Securities (the “Initial Shelf Registration”). The
Initial Shelf Registration shall be on Form S-1 or another appropriate form permitting
registration of such Registrable Securities for resale by Holders in the manner or manners
designated by them (including, without limitation, one or more underwritten offerings).

The Company Issuers shall use their respective commercially reasonable efforts to cause
the Shelf Registration to be declared effective under the Securities Act and to keep the
Initial Shelf Registration continuously effective under the Securities Act until the
earliest of (i) 180 days after the Shelf Registration is declared effective, (ii) such
shorter period ending when all Registrable Securities covered by the Initial Shelf
Registration have been sold in the manner set forth and as contemplated in the Initial Shelf
Registration or, if applicable, a Subsequent Shelf Registration or (iii) the date upon which
all Registrable Securities have been otherwise sold (the “Effectiveness Period”);
provided, however, that the Effectiveness Period in respect of the Initial
Shelf Registration shall be extended to the extent required to permit dealers (except any
Initial Purchaser with respect to an unsold allotment of Notes) to comply with the
applicable prospectus delivery requirements of Rule 174 under the Securities Act and as
otherwise provided herein.

Notwithstanding anything to the contrary in this Agreement, at any time, the Company
Issuers may delay the filing of any Initial Shelf Registration Statement or delay or suspend
the effectiveness thereof, for a reasonable period of time, but not in excess of 60
consecutive days or more than three (3) times during any calendar year (each, a “Shelf
Suspension Period”), if the Board of Directors of the Company Issuers determines
reasonably and in good faith that the filing of any such Initial Shelf Registration
Statement or the continuing effectiveness thereof would require the disclosure of non-public
material information that, in the reasonable judgment of the Board of Directors of the
Company Issuers, would be detrimental to the Company Issuers if so disclosed or would
otherwise materially adversely affect a financing, acquisition, disposition, merger or other
material transaction or such action is required by applicable law.

 

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(b) Withdrawal of Stop Orders; Subsequent Shelf Registrations. If the Initial
Shelf Registration or any Subsequent Shelf Registration ceases to be effective for any
reason at any time during the Effectiveness Period (other than in the case of Shelf
Suspension Period(s) permitted by this Agreement and other than because of the sale of all
of the Securities registered thereunder), the Company Issuers shall use their commercially
reasonable efforts to obtain the prompt withdrawal of any order suspending the effectiveness
thereof, and in any event shall file an additional Shelf Registration Statement pursuant to Rule 415 covering all of the
Registrable Securities covered by and not sold under the Initial Shelf Registration or an
earlier Subsequent Shelf Registration (each, a “Subsequent Shelf Registration”). If
a Subsequent Shelf Registration is filed, the Company Issuers shall use their commercially
reasonable efforts to cause the Subsequent Shelf Registration to be declared effective under
the Securities Act as soon as practicable after such filing and to keep such subsequent
Shelf Registration continuously effective for a period equal to the number of days in the
Effectiveness Period less the aggregate number of days during which the Initial Shelf
Registration or any Subsequent Shelf Registration was previously continuously effective. As
used herein the term “Shelf Registration” means the Initial Shelf Registration and
any Subsequent Shelf Registration.

(c) Supplements and Amendments. The Company Issuers shall promptly supplement
and amend the Shelf Registration if required by the rules, regulations or instructions
applicable to the registration form used for such Shelf Registration, if required by the
Securities Act, or if reasonably requested by the Holders of a majority in aggregate
principal amount of the Registrable Securities (or their counsel) covered by such
Registration Statement with respect to the information included therein with respect to one
or more of such Holders, or, if reasonably requested by any underwriter of such Registrable
Securities, with respect to the information included therein with respect to such
underwriter.

4. Additional Interest

(a) The Company Issuers and the Initial Purchasers agree that the Holders will suffer damages
if the Company Issuers fail to fulfill their obligations under Section 2 or Section 3 hereof and
that it would not be feasible to ascertain the extent of such damages with precision. Accordingly,
the Company Issuers agree to pay, jointly and severally, as liquidated damages, additional interest
on the Notes (“Additional Interest”) if (A) on or prior to the 360th day after the Issue
Date the Company Issuers have neither (i) exchanged Exchange Securities for all Securities validly
tendered in accordance with the terms of the Exchange Offer nor (ii) if applicable, had a Shelf
Registration Statement declared effective, or (B) if applicable, a Shelf Registration has been
declared effective and such Shelf Registration ceases to be effective at any time for more than 60
consecutive days during the Effectiveness Period (other than because of the sale of all of the
Securities registered thereunder), then Additional Interest shall accrue on the principal amount of
the Registration Securities at a rate of 0.25% per annum (which rate will be increased by an
additional 0.25% per annum for the subsequent 90 day period that such Additional Interest continues
to accrue; provided that the rate at which such Additional Interest accrues may in no event
exceed 0.50% per annum) (such Additional Interest to be calculated by the Company Issuers)
commencing on (x) the 361st day after the Issue Date in the case of (A) above or (y) the
61st consecutive day on which such Shelf Registration ceases to be effective in the case
of (B) above; provided, however, that additional interest may not accrue under more
than one of the foregoing clauses at any one time; and provided, further, that upon
the exchange of the Exchange Securities for all Securities validly tendered (in the case of clause
(A)(i) of this Section 4), upon the effectiveness of the applicable Shelf Registration Statement
(in the case of (A)(ii) of this Section 4), or upon the effectiveness of the applicable Shelf
Registration Statement which had ceased to remain effective (in the case of (2) of this Section 4),
Additional Interest on the Notes in respect of which such events relate as a result of such clause
(or the relevant subclause thereof), as the case may be, shall cease to accrue. Notwithstanding
any other provisions of this Section 4, the Company Issuers shall not be obligated to pay
Additional Interest (i) provided in Sections 4(a)(B) during
a Shelf Suspension Period permitted by Section 3(a) hereof or (ii) on Notes that are not
Registrable Securities.

 

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(b) The Company Issuers shall notify the Trustee within one business day after each and every
date on which an event occurs in respect of which Additional Interest is required to be paid (an
“Event Date”). Any amounts of Additional Interest due pursuant to (a) of this Section 4
will be payable in cash semiannually on each May 1 and November 1 (to the holders of record on the
April 15 and October 1 immediately preceding such dates), commencing with the first such date
occurring after any such Additional Interest commences to accrue. The amount of Additional
Interest will be determined by the Company Issuers by multiplying the applicable Additional
Interest rate by the principal amount of the Registrable Securities, multiplied by a fraction, the
numerator of which is the number of days such Additional Interest rate was applicable during such
period (determined on the basis of a 360 day year comprised of twelve 30 day months and, in the
case of a partial month, the actual number of days elapsed), and the denominator of which is 360.

5. Registration Procedures

In connection with the filing of any Registration Statement pursuant to Section 2 or 3 hereof,
the Company Issuers shall effect such registrations to permit the sale of the securities covered
thereby in accordance with the intended method or methods of disposition thereof, and pursuant
thereto and in connection with any Registration Statement filed by the Company Issuers hereunder
the Company Issuers shall:

(a) Prepare and file with the SEC, a Registration Statement or Registration Statements
as prescribed by Section 2 or 3 hereof, and use their commercially reasonable efforts to
cause each such Registration Statement to become effective and remain effective as provided
herein; provided, however, that if (1) such filing is pursuant to Section 3
hereof or (2) a Prospectus contained in the Exchange Offer Registration Statement filed
pursuant to Section 2 hereof is required to be delivered under the Securities Act by any
Participating Broker-Dealer who seeks to sell Exchange Securities during the Applicable
Period relating thereto from whom the Company Issuers have received prior written notice
that it will be a Participating Broker-Dealer in the Exchange Offer, before filing any
Registration Statement or Prospectus or any amendments or supplements thereto, the Company
Issuers shall furnish to and afford counsel for the Holders of the Registrable Securities
covered by such Registration Statement (with respect to a Registration Statement filed
pursuant to Section 3 hereof) or counsel for such Participating Broker-Dealer (with respect
to any such Registration Statement), as the case may be, and counsel to the managing
underwriters, if any, a reasonable opportunity to review copies of all such documents
(including copies of any documents to be incorporated by reference therein and all exhibits
thereto) proposed to be filed (in each case at least three business days prior to such
filing). The Company Issuers shall not file any Registration Statement or Prospectus or any
amendments or supplements thereto if the Holders of a majority in aggregate principal amount
of the Registrable Securities covered by such Registration Statement, their counsel, or the
managing underwriters, if any, shall reasonably object.

 

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(b) Prepare and file with the SEC such amendments and post-effective amendments to each
Shelf Registration Statement or Exchange Offer Registration Statement, as the case may
be, as may be necessary to keep such Registration Statement continuously effective for
the Effectiveness Period, the Applicable Period or until consummation of the Exchange Offer,
as the case may be; cause the related Prospectus to be supplemented by any Prospectus
supplement required by applicable law, and as so supplemented to be filed pursuant to Rule
424; and comply with the provisions of the Securities Act and the Exchange Act applicable to
it with respect to the disposition of all securities covered by such Registration Statement
as so amended or in such Prospectus as so supplemented and with respect to the subsequent
resale of any securities being sold by an Participating Broker-Dealer covered by any such
Prospectus in all material respects. The Company Issuers shall be deemed not to have used
their commercially reasonable efforts to keep a Registration Statement effective if they
voluntarily take any action that is reasonably expected to result in selling Holders of the
Registrable Securities covered thereby or Participating Broker-Dealers seeking to sell
Exchange Securities not being able to sell such Registrable Securities or such Exchange
Securities during that period unless such action is required by applicable law or permitted
by this Agreement.

(c) If (1) a Shelf Registration is filed pursuant to Section 3 hereof or (2) a
Prospectus contained in the Exchange Offer Registration Statement filed pursuant to Section
2 hereof is required to be delivered under the Securities Act by any Participating
Broker-Dealer who seeks to sell Exchange Securities during the Applicable Period relating
thereto from whom the Company Issuers have received written notice that it will be a
Participating Broker-Dealer in the Exchange Offer, notify the selling Holders of Registrable
Securities (with respect to a Registration Statement filed pursuant to Section 3 hereof), or
each such Participating Broker-Dealer (with respect to any such Registration Statement), as
the case may be, their counsel and the managing underwriters, if any, promptly (but in any
event within three Business Days), and confirm such notice in writing, (i) when a Prospectus
or any Prospectus supplement or post-effective amendment has been filed, and, with respect
to a Registration Statement or any post-effective amendment, when the same has become
effective under the Securities Act (including in such notice a written statement that any
Holder may, upon request, obtain, at the sole expense of the Company Issuers, one conformed
copy of such Registration Statement or post-effective amendment including financial
statements and schedules, documents incorporated or deemed to be incorporated by reference
and exhibits), (ii) of the issuance by the SEC of any stop order suspending the
effectiveness of a Registration Statement or of any order preventing or suspending the use
of any preliminary prospectus or the initiation of any proceedings for that purpose, (iii)
if at any time when a prospectus is required by the Securities Act to be delivered in
connection with sales of the Registrable Securities or resales of Exchange Securities by
Participating Broker-Dealers the representations and warranties of the Company Issuers
contained in any agreement (including any underwriting agreement) contemplated by Section
5(m) hereof cease to be true and correct, (iv) of the receipt by the Company Issuers of any
notification with respect to the suspension of the qualification or exemption from
qualification of a Registration Statement or any of the Registrable Securities or the
Exchange Securities to be sold by any Participating Broker-Dealer for offer or sale in any
jurisdiction, or the initiation or threatening of any proceeding for such purpose, (v) of
the happening of any event, the existence of any condition or any information becoming known
that makes any statement made in such Registration Statement or related Prospectus or any
document incorporated or deemed to be incorporated therein by reference untrue in any
material respect or that requires the making of any changes in or amendments or supplements
to such Registration Statement, Prospectus or documents so that, in the case of the
Registration Statement, it will not
contain any untrue statement of a material fact or omit to state any material fact
required to be stated therein or necessary to make the statements therein not misleading,
and that in the case of the Prospectus, it will not contain any untrue statement of a
material fact or omit to state any material fact required to be stated therein or necessary
to make the statements therein, in the light of the circumstances under which they were
made, not misleading, and (vi) of the Company Issuers’ determination that a post-effective
amendment to a Registration Statement would be appropriate.

 

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(d) Use its commercially reasonable efforts to prevent the issuance of any order
suspending the effectiveness of a Registration Statement or of any order preventing or
suspending the use of a Prospectus or suspending the qualification (or exemption from
qualification) of any of the Registrable Securities or the Exchange Securities to be sold by
any Participating Broker-Dealer, for sale in any jurisdiction.

(e) If a Shelf Registration is filed pursuant to Section 3 and if requested during the
Effectiveness Period by the managing underwriter or underwriters (if any) or the Holders of
a majority in aggregate principal amount of the Registrable Securities being sold in
connection with an underwritten offering, (i) as promptly as practicable incorporate in a
prospectus supplement or post-effective amendment such information as the managing
underwriter or underwriters (if any), such Holders or counsel for either of them reasonably
request to be included therein, (ii) make all required filings of such prospectus supplement
or such post-effective amendment as soon as practicable after the Company Issuers have
received notification of the matters to be incorporated in such prospectus supplement or
post-effective amendment, and (iii) supplement or make amendments to such Registration
Statement.

(f) If (1) a Shelf Registration is filed pursuant to Section 3 hereof, or (2) a
Prospectus contained in the Exchange Offer Registration Statement filed pursuant to Section
2 hereof is required to be delivered under the Securities Act by any Participating
Broker-Dealer who seeks to sell Exchange Securities during the Applicable Period, furnish to
each selling Holder of Registrable Securities (with respect to a Registration Statement
filed pursuant to Section 3 hereof) and to each such Participating Broker-Dealer who so
requests (with respect to any such Registration Statement) and to their respective counsel
and each managing underwriter, if any, at the sole expense of the Company Issuers, one
conformed copy of the Registration Statement or Registration Statements and each
post-effective amendment thereto, including financial statements and schedules, and, if
requested, all documents incorporated or deemed to be incorporated therein by reference and
all exhibits.

(g) If (1) a Shelf Registration is filed pursuant to Section 3 hereof, or (2) a
Prospectus contained in the Exchange Offer Registration Statement filed pursuant to Section
2 hereof is required to be delivered under the Securities Act by any Participating
Broker-Dealer who seeks to sell Exchange Securities during the Applicable Period, deliver to
each selling Holder of Registrable Securities (with respect to a Registration Statement
filed pursuant to Section 3 hereof), or each such Participating Broker-Dealer (with respect
to any such Registration Statement), as the case may be, their respective counsel, and the
underwriters, if any, at the sole expense of the Company Issuers, as many copies of the
Prospectus or Prospectuses (including each form of preliminary prospectus) and each
amendment or supplement thereto and any documents incorporated by reference therein as such
Persons may reasonably request; and, subject to the last paragraph of this Section 5, the Company Issuers hereby consent to the use of such
Prospectus and each amendment or supplement thereto by each of the selling Holders of
Registrable Securities or each such Participating Broker-Dealer, as the case may be, and the
underwriters or agents, if any, and dealers, if any, in connection with the offering and
sale of the Registrable Securities covered by, or the sale by Participating Broker-Dealers
of the Exchange Securities pursuant to, such Prospectus and any amendment or supplement
thereto.

 

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(h) Prior to any public offering of Registrable Securities or any delivery of a
Prospectus contained in the Exchange Offer Registration Statement by any Participating
Broker-Dealer who seeks to sell Exchange Securities during the Applicable Period, use its
commercially reasonable efforts to register or qualify, and to cooperate with the selling
Holders of Registrable Securities or each such Participating Broker-Dealer, as the case may
be, the managing underwriter or underwriters, if any, and their respective counsel in
connection with the registration or qualification (or exemption from such registration or
qualification) of such Registrable Securities for offer and sale under the securities or
Blue Sky laws of such jurisdictions within the United States as any selling Holder,
Participating Broker-Dealer, or the managing underwriter or underwriters reasonably request
in writing; provided, however, that where Exchange Securities held by
Participating Broker-Dealers or Registrable Securities are offered other than through an
underwritten offering, the Company Issuers agree to cause its counsel to perform Blue Sky
investigations and file registrations and qualifications required to be filed pursuant to
this Section 5(h), keep each such registration or qualification (or exemption therefrom)
effective during the period such Registration Statement is required to be kept effective and
do any and all other acts or things necessary or advisable to enable the disposition in such
jurisdictions of the Exchange Securities held by Participating Broker-Dealers or the
Registrable Securities covered by the applicable Registration Statement; provided,
however, that the Company Issuers shall not be required to (A) qualify generally to
do business in any jurisdiction where they are not then so qualified, (B) take any action
that would subject it to general service of process in any such jurisdiction where it is not
then so subject or (C) subject itself to taxation in excess of a nominal dollar amount in
any such jurisdiction where it is not then so subject.

(i) If a Shelf Registration is filed pursuant to Section 3 hereof, cooperate with the
selling Holders of Registrable Securities and the managing underwriter or underwriters, if
any, to facilitate the timely preparation and delivery of certificates representing
Registrable Securities to be sold, which certificates shall not bear any restrictive legends
and shall be in a form eligible for deposit with The Depository Trust Company; and enable
such Registrable Securities to be in such denominations (subject to applicable requirements
contained in the Indenture) and registered in such names as the managing underwriter or
underwriters, if any, or Holders may request.

(j) Use its commercially reasonable efforts to cause the Registrable Securities covered
by the Registration Statement to be registered with or approved by such other U.S.
governmental agencies or authorities as may be necessary to enable the seller or sellers
thereof or the underwriter or underwriters, if any, to consummate the disposition of such
Registrable Securities, except as may be required solely as a consequence of the nature of
such selling Holder’s business, in which case the Company Issuers will cooperate in all
respects with the filing of such Registration Statement and the granting of such approvals.

 

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(k) If (1) a Shelf Registration is filed pursuant to Section 3 hereof, or (2) a
Prospectus contained in the Exchange Offer Registration Statement filed pursuant to Section
2 hereof is required to be delivered under the Securities Act by any Participating
Broker-Dealer who seeks to sell Exchange Securities during the Applicable Period, upon the
occurrence of any event contemplated by Section 5(c)(v) or 5(c)(vi) hereof, as promptly as
practicable prepare and (subject to Section 5(a) hereof) file with the SEC, at the sole
expense of the Company Issuers, a supplement or post-effective amendment to the Registration
Statement or a supplement to the related Prospectus or any document incorporated therein by
reference, or file any other required document so that, as thereafter delivered to the
purchasers of the Registrable Securities being sold thereunder (with respect to a
Registration Statement filed pursuant to Section 3 hereof) or to the purchasers of the
Exchange Securities to whom such Prospectus will be delivered by a Participating
Broker-Dealer (with respect to any such Registration Statement), any such Prospectus will
not contain an untrue statement of a material fact or omit to state a material fact required
to be stated therein or necessary to make the statements therein, in the light of the
circumstances under which they were made, not misleading.

(l) Prior to the effective date of the first Registration Statement relating to the
Registrable Securities, (i) provide the Trustee with certificates for the Registrable
Securities in a form eligible for deposit with The Depository Trust Company and (ii) provide
a CUSIP number for the Registrable Securities.

(m) In connection with any underwritten offering of Registrable Securities pursuant to
a Shelf Registration, enter into an underwriting agreement as is customary in underwritten
offerings of debt securities similar to the Securities (including, without limitation, a
customary condition to the obligations of the underwriters that the underwriters shall have
received “cold comfort” letters and updates thereof in form, scope and substance reasonably
satisfactory to the managing underwriter or underwriters from the independent certified
public accountants of the Company Issuers (and, if necessary, any other independent
certified public accountants of the Company Issuers, or of any business acquired by the
Company Issuers, for which financial statements and financial data are, or are required to
be, included or incorporated by reference in the Registration Statement), addressed to each
of the underwriters, such letters to be in customary form and covering matters of the type
customarily covered in “cold comfort” letters in connection with underwritten offerings of
debt securities similar to the Securities), and take all such other actions as are
reasonably requested by the managing underwriter or underwriters in order to expedite or
facilitate the registration or the disposition of such Registrable Securities and, in such
connection, (i) make such representations and warranties to, and covenants with, the
underwriters with respect to the business of the Company Issuers (including any acquired
business, properties or entity, if applicable), and the Registration Statement, Prospectus
and documents, if any, incorporated or deemed to be incorporated by reference therein, in
each case, as are customarily made by Issuer to underwriters in underwritten offerings of
debt securities similar to the Securities, and confirm the same in writing if and when
requested; (ii) obtain the written opinions of counsel to the Company Issuers, and written
updates thereof in form, scope and substance reasonably satisfactory to the managing
underwriter or underwriters, addressed to the underwriters covering the matters customarily
covered in opinions reasonably requested in underwritten offerings; and (iii) if an
underwriting agreement is entered into, the same shall contain indemnification provisions
and procedures no less favorable to the sellers and underwriters, if any, than those set
forth in
Section 7 hereof (or such other provisions and procedures reasonably acceptable to
Holders of a majority in aggregate principal amount of Registrable Securities covered by
such Registration Statement and the managing underwriter or underwriters or agents, if any).
The above shall be done at each closing under such underwriting agreement, or as and to the
extent required thereunder.

 

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(n) If (1) a Shelf Registration is filed pursuant to Section 3 hereof, or (2) a
Prospectus contained in the Exchange Offer Registration Statement filed pursuant to Section
2 hereof is required to be delivered under the Securities Act by any Participating
Broker-Dealer who seeks to sell Exchange Securities during the Applicable Period, make
available for inspection by any Initial Purchaser, any selling Holder of such Registrable
Securities being sold (with respect to a Registration Statement filed pursuant to Section 3
hereof), or each such Participating Broker-Dealer, as the case may be, any underwriter
participating in any such disposition of Registrable Securities, if any, and any attorney,
accountant or other agent retained by any such selling Holder or each such Participating
Broker-Dealer (with respect to any such Registration Statement), as the case may be, or
underwriter (any such Initial Purchasers, Holders, Participating Broker-Dealers,
underwriters, attorneys, accountants or agents, collectively, the “Inspectors”),
upon written request, at the offices where normally kept, during reasonable business hours,
all pertinent financial and other records, pertinent corporate documents and instruments of
the Company Issuers and subsidiaries of the Company Issuers (collectively, the
“Records”), as shall be reasonably necessary to enable them to exercise any
applicable due diligence responsibilities, and cause the officers, directors and employees
of the Company Issuers and any of their subsidiaries to supply all information
(“Information”) reasonably requested by any such Inspector in connection with such
due diligence responsibilities. Each Inspector shall agree in writing that it will keep the
Records and Information confidential, to use the Information only for due diligence
purposes, to abstain from using the Information as the basis for any market transactions in
Securities of the Company Issuers and that they will not disclose any of the Records or
Information that the Company Issuers determine, in good faith, to be confidential and
notifies the Inspectors in writing are confidential unless (i) the disclosure of such
Records or Information is necessary to avoid or correct a misstatement or omission in such
Registration Statement or Prospectus, (ii) the release of such Records or Information is
ordered pursuant to a subpoena or other order from a court of competent jurisdiction, (iii)
disclosure of such Records or Information is necessary or advisable, in the opinion of
counsel for any Inspector, in connection with any action, claim, suit or proceeding,
directly or indirectly, involving or potentially involving such Inspector and arising out
of, based upon, relating to, or involving this Agreement or the Purchase Agreement, or any
transactions contemplated hereby or thereby or arising hereunder or thereunder, or (iv) the
information in such Records or Information has been made generally available to the public
other than by an Inspector or an “affiliate” (as defined in Rule 405) thereof;
provided, however, that prior notice shall be provided as soon as
practicable to the Company Issuers of the potential disclosure of any information by such
Inspector pursuant to clauses (i) or (ii) of this sentence to permit the Company Issuers to
obtain a protective order (or waive the provisions of this paragraph (o)) and that such
Inspector shall take such actions as are reasonably necessary to protect the confidentiality
of such information (if practicable) to the extent such action is otherwise not inconsistent
with, an impairment of or in derogation of the rights and interests of the Holder or any
Inspector.

 

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(o) Provide an indenture trustee for the Registrable Securities or the Exchange
Securities, as the case may be, and cause the Indenture or the trust indenture provided for
in Section 2(a) hereof, as the case may be, to be qualified under the TIA not later than the
effective date of the first Registration Statement relating to the Registrable Securities;
and in connection therewith, cooperate with the trustee under any such indenture and the
Holders of the Registrable Securities, to effect such changes (if any) to such indenture as
may be required for such indenture to be so qualified in accordance with the terms of the
TIA; and execute, and use its commercially reasonable efforts to cause such trustee to
execute, all documents as may be required to effect such changes, and all other forms and
documents required to be filed with the SEC to enable such indenture to be so qualified in a
timely manner.

(p) Comply in all material respects with all applicable rules and regulations of the
SEC and make generally available to its securityholders with regard to any applicable
Registration Statement, a consolidated earning statement satisfying the provisions of
Section 11(a) of the Securities Act and Rule 158 thereunder (or any similar rule promulgated
under the Securities Act) no later than 45 days after the end of any fiscal quarter (or 90
days after the end of any 12-month period if such period is a fiscal year) (i) commencing at
the end of any fiscal quarter in which Registrable Securities are sold to underwriters in a
firm commitment or best efforts underwritten offering and (ii) if not sold to underwriters
in such an offering, commencing on the first day of the first fiscal quarter of the Company
Issuers, after the effective date of a Registration Statement, which statements shall cover
said 12-month periods; provided that this requirement shall be deemed satisfied by the
Company Issuers complying with Section 4.02 of the Indenture.

(q) Upon consummation of the Exchange Offer or a Private Exchange, obtain an opinion of
counsel to the Company Issuers, in a form customary for underwritten transactions, addressed
to the Trustee for the benefit of all Holders of Registrable Securities participating in the
Exchange Offer or the Private Exchange, as the case may be, that the Exchange Securities or
Private Exchange Notes (and the related Guarantees), as the case may be, the related
guarantee and the related indenture constitute legal, valid and binding obligations of the
Company Issuers, enforceable against the Company Issuers in accordance with their respective
terms, subject to customary exceptions and qualifications. If the Exchange Offer or a
Private Exchange is to be consummated, upon delivery of the Registrable Securities by
Holders to the Company Issuers (or to such other Person as directed by the Company Issuers),
in exchange for the Exchange Securities or the Private Exchange Notes (and the related
Guarantees), as the case may be, the Company Issuers shall mark, or cause to be marked, on
such Registrable Securities that such Registrable Securities are being cancelled in exchange
for the Exchange Securities or the Private Exchange Notes (and the related Guarantees), as
the case may be; in no event shall such Registrable Securities be marked as paid or
otherwise satisfied.

(r) Use commercially reasonable efforts to cooperate with each seller of Registrable
Securities covered by any Registration Statement and each underwriter, if any, participating
in the disposition of such Registrable Securities and their respective counsel in connection
with any filings required to be made with the Financial Industry Regulatory Authority, Inc.
(the “FINRA”).

 

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(s) Use its respective commercially reasonable efforts to take all other steps
reasonably necessary to effect the registration of the Exchange Securities and/or
Registrable Securities covered by a Registration Statement contemplated hereby.

The Company Issuers may require each seller of Registrable Securities as to which any
registration is being effected to furnish to the Company Issuers such information regarding such
seller and the distribution of such Registrable Securities as the Company Issuers may, from time to
time, reasonably request. The Company Issuers may exclude from such registration the Registrable
Securities of any seller so long as such seller fails to furnish such information within a
reasonable time after receiving such request. Each seller as to which any Shelf Registration is
being effected agrees to furnish promptly to the Company Issuers all information required to be
disclosed in order to make the information previously furnished to the Company Issuers by such
seller not materially misleading.

If any such Registration Statement refers to any Holder by name or otherwise as the holder of
any securities of the Company Issuers, then such Holder shall have the right to require (i) the
insertion therein of language, in form and substance reasonably satisfactory to such Holder, to the
effect that the holding by such Holder of such securities is not to be construed as a
recommendation by such Holder of the investment quality of the securities covered thereby and that
such holding does not imply that such Holder will assist in meeting any future financial
requirements of the Company Issuers, or (ii) in the event that such reference to such Holder by
name or otherwise is not required by the Securities Act or any similar federal statute then in
force, the deletion of the reference to such Holder in any amendment or supplement to the
Registration Statement filed or prepared subsequent to the time that such reference ceases to be
required.

Each Holder of Registrable Securities and each Participating Broker-Dealer agrees by its
acquisition of such Registrable Securities or Exchange Securities to be sold by such Participating
Broker-Dealer, as the case may be, that, upon actual receipt of any notice from the Company Issuers
of the happening of any event of the kind described in Section 5(c)(ii), 5(c)(iv), 5(c)(v), or
5(c)(vi) hereof, such Holder will forthwith discontinue disposition of such Registrable Securities
covered by such Registration Statement or Prospectus or Exchange Securities to be sold by such
Holder or Participating Broker-Dealer, as the case may be, until such Holder’s or Participating
Broker-Dealer’s receipt of the copies of the supplemented or amended Prospectus contemplated by
Section 5(k) hereof, or until it is advised in writing (the “Advice”) by the Company
Issuers that the use of the applicable Prospectus may be resumed, and has received copies of any
amendments or supplements thereto. In the event that the Company Issuers shall give any such
notice, each of the Applicable Period and the Effectiveness Period shall be extended by the number
of days during such periods from and including the date of the giving of such notice to and
including the date when each seller of Registrable Securities covered by such Registration
Statement or Exchange Securities to be sold by such Participating Broker-Dealer, as the case may
be, shall have received (x) the copies of the supplemented or amended Prospectus contemplated by
Section 5(k) hereof or (y) the Advice.

 

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6. Registration Expenses

All fees and expenses incident to the performance of or compliance with this Agreement by the
Company Issuers of their obligations under Sections 2, 3, 4, 5 and 8 shall be borne by the Company
Issuers, whether or not the Exchange Offer Registration Statement or any Shelf Registration Statement is filed or becomes effective or the Exchange Offer is consummated, including, without
limitation, (i) all registration and filing fees (including, without limitation, (A) fees with
respect to filings required to be made with FINRA in connection with an underwritten offering and
(B) fees and expenses of compliance with state securities or Blue Sky laws (including, without
limitation, reasonable fees and disbursements of counsel in connection with Blue Sky qualifications
of the Exchange Securities)), (ii) printing expenses, including, without limitation, printing
prospectuses if the printing of prospectuses is requested by the managing underwriter or
underwriters, if any, by the Holders of a majority in aggregate principal amount of the
Registrable Securities included in any Registration Statement or in respect of Registrable
Securities or Exchange Securities to be sold by any Participating Broker-Dealer during the
Applicable Period, as the case may be, (iii) fees and expenses of the Trustee, any exchange agent
and their counsel, (iv) fees and disbursements of counsel for the Company Issuers and, in the case
of a Shelf Registration, reasonable fees and disbursements of one special counsel for all of the
sellers of Registrable Securities selected by the Holder of a majority in aggregate principal
amount of Registrable Securities covered by such Shelf Registration (which counsel shall be
reasonably satisfactory to the Company Issuers) exclusive of any counsel retained pursuant to
Section 7 hereof), (v) fees and disbursements of all independent certified public accountants
referred to in Section 5(m) hereof (including, without limitation, the expenses of any “cold
comfort” letters required by or incident to such performance), (vi) rating agency fees, if any, and
any fees associated with making the Registrable Securities or Exchange Securities eligible for
trading through The Depository Trust Company, (vii) Securities Act liability insurance, if the
Company Issuers desire such insurance, (viii) fees and expenses of all other Persons retained by
the Company Issuers, (ix) internal expenses of the Company Issuers (including, without limitation,
all salaries and expenses of officers and employees of the Company Issuers performing legal or
accounting duties), (x) the expense of any annual audit, (xi) any fees and expenses incurred in
connection with the listing of the securities to be registered on any securities exchange, and the
obtaining of a rating of the securities, in each case, if applicable and (xii) the expenses
relating to printing, word processing and distributing all Registration Statements, underwriting
agreements, indentures and any other documents necessary in order to comply with this Agreement.

7. Indemnification and Contribution.

(a) The Company Issuers and the Guarantors jointly and severally agree, to indemnify and hold
harmless each Holder of Registrable Securities, and each Participating Broker-Dealer selling
Exchange Securities during the Applicable Period, and each Person, if any, who controls such Person
or its affiliates within the meaning of Section 15 of the Act or Section 20 of the Exchange Act
(each, a “Participant”) against any losses, claims, damages or liabilities, joint or several, to
which any Participant may become subject under the Securities Act, the Exchange Act or otherwise,
insofar as any such losses, claims, damages or liabilities (or actions in respect thereof) arise
out of or are based upon:

(i) any untrue statement or alleged untrue statement of any material fact contained in
any Registration Statement (or any amendment thereto), or Prospectus (as amended or
supplemented if the Company Issuers shall have furnished any amendments or supplements
thereto) or any preliminary prospectus; or

(ii) the omission or alleged omission to state, in any Registration Statement (or any
amendment thereto), or Prospectus (as amended or supplemented if the Company Issuers shall
have furnished any amendments or supplements thereto) or any preliminary prospectus or any
other document or any amendment or supplement thereto, a material fact required to be
stated therein or necessary to make the statements therein not misleading,

 

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except, in each case, insofar as such losses, claims, damages or liabilities arise out of or
based upon any untrue statement or omission or alleged untrue statement or omission made in
reliance upon and in conformity with any information relating to any Initial Purchaser or
any Holder furnished to the Company Issuers in writing through the Initial Purchasers or any
selling Holder expressly for use therein;

and agree (subject to the limitations set forth in the proviso to this sentence) to reimburse, as
incurred, the Participant for any reasonable legal or other expenses incurred by the Participant in
connection with investigating, defending against or appearing as a third-party witness in
connection with any such loss, claim, damage, liability or action; provided,
however, neither the Company Issuers nor the Guarantors will be liable in any such case to
the extent that any such loss, claim, damage, or liability arises out of or is based upon any
untrue statement or alleged untrue statement or omission or alleged omission made in any
Registration Statement (or any amendment thereto), or Prospectus (as amended or supplemented if the
Company Issuers shall have furnished any amendments or supplements thereto) or any preliminary
prospectus or any amendment or supplement thereto in reliance upon and in conformity with written
information relating to any Participant furnished to the Company Issuers by such Participant
specifically for use therein. The indemnity provided for in this Section 7 will be in addition to
any liability that the Company Issuers may otherwise have to the indemnified parties. The Company
Issuers and the Guarantors shall not be liable under this Section 7 to any indemnified party
regarding any settlement or compromise or consent to the entry of any judgment with respect to any
pending or threatened claim, action, suit or proceeding in respect of which indemnification or
contribution may be sought hereunder (whether or not the indemnified parties are actual or
potential parties to such claim or action) unless such settlement, compromise or consent is
consented to by the Company Issuers and the Guarantors, which consent shall not be unreasonably
withheld.

(b) Each Participant, severally and not jointly, agrees to indemnify and hold harmless the
Company Issuers, the Guarantors, their respective directors (or equivalent), their respective
officers who sign any Registration Statement and each person, if any, who controls the Company
Issuers within the meaning of Section 15 of the Act or Section 20 of the Exchange Act against any
losses, claims, damages or liabilities to which the Company Issuers, the Guarantors or any such
director, officer or controlling person may become subject under the Act, the Exchange Act or
otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof)
arise out of or are based upon (i) any untrue statement or alleged untrue statement of any material
fact contained in any Registration Statement, Prospectus, any amendment or supplement thereto, or
any preliminary prospectus, or (ii) the omission or the alleged omission to state therein a
material fact necessary to make the statements therein not misleading, in each case to the extent,
but only to the extent, that such untrue statement or alleged untrue statement or omission or
alleged omission was made in reliance upon and in conformity with written information concerning
such Participant, furnished to the Company Issuers by or on behalf of such Participant,
specifically for use therein; and subject to the limitation set forth immediately preceding this
clause, will reimburse, as incurred, any reasonable legal or other expenses incurred by the Company
Issuers, the Guarantors or any such director, officer or controlling person in connection with
investigating or defending against or appearing as a third party witness in connection with any
such loss, claim, damage, liability or action in respect thereof. The indemnity provided for in
this Section 7 will be in addition to any

 

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liability
that the Participants may otherwise have to the indemnified parties. The Participants shall
not be liable under this Section 7 to any indemnified party regarding any settlement or compromise
or consent to the entry of any judgment with respect to any pending or threatened claim, action,
suit or proceeding in respect of which indemnification or contribution may be sought hereunder
(whether or not the indemnified parties are actual or potential parties to such claim or action)
unless such settlement, compromise or consent is consented to by the Participants, which consent
shall not be unreasonably withheld. The Company Issuers and the Guarantors shall not, without the
prior written consent of such Participant, effect any settlement or compromise of any pending or
threatened proceeding in respect of which such Participant is or could have been a party, or
indemnity could have been sought hereunder by such Participant, unless such settlement (A) includes
an unconditional written release of such Participant, in form and substance reasonably satisfactory
to such Participant, from all liability on claims that are the subject matter of such proceeding
and (B) does not include any statement as to an admission of fault, culpability or failure to act
by or on behalf of such Participant.

(c) Promptly after receipt by an indemnified party under this Section 7 of notice of the
commencement of any action, such indemnified party will, if a claim in respect thereof is to be
made against the indemnifying party under this Section 7, notify the indemnifying party of the
commencement thereof in writing; but the omission to so notify the indemnifying party (i) will not
relieve it from any liability under paragraph (a) or (b) above unless and to the extent it did not
otherwise learn of such action and such failure results in the forfeiture by the indemnifying party
of substantial rights and defenses and (ii) will not, in any event, relieve the indemnifying party
from any obligations to any indemnified party other than the indemnification obligation provided in
paragraphs (a) and (b) above. The indemnifying party shall be entitled to appoint counsel
(including local counsel) of the indemnifying party’s choice at the indemnifying party’s expense to
represent the indemnified party in any action for which indemnification is sought (in which case
the indemnifying party shall not thereafter be responsible for the fees and expenses of any
separate counsel, other than local counsel if not appointed by the indemnifying party, retained by
the indemnified party or parties except as set forth below); provided, however,
that such counsel shall be reasonably satisfactory to the indemnified party. Notwithstanding the
indemnifying party’s election to appoint counsel (including local counsel) to represent the
indemnified party in an action, the indemnified party shall have the right to employ separate
counsel (including local counsel), and the indemnifying party shall bear the reasonable fees, costs
and expenses of such separate counsel if (i) the use of counsel chosen by the indemnifying party to
represent the indemnified party would present such counsel with a conflict of interest (based on
the advice of counsel to the indemnified person); (ii) such action includes both the indemnified
party and the indemnifying party and the indemnified party shall have reasonably concluded (based
on the advice of counsel to the indemnified person) that there may be legal defenses available to
it and/or other indemnified parties that are different from or additional to those available to the
indemnifying party; (iii) the indemnifying party shall not have employed counsel reasonably
satisfactory to the indemnified party to represent the indemnified party within a reasonable time
after notice of the institution of such action; or (iv) the indemnifying party shall authorize the
indemnified party to employ separate counsel at the expense of the indemnifying party. It is
understood and agreed that the indemnifying person shall not, in connection with any proceeding or
separate but related or substantially similar proceedings in the same jurisdiction arising out of
the same general allegations or circumstances, be liable for the reasonable fees and expenses of
more than one separate firm (in addition to any local counsel) representing the indemnified parties
under paragraph (a) or paragraph (b) of this Section 7, as the case may be, who are parties to such
action or actions. Any such separate firm for any Participants shall be designated in writing by
Participants who sold a

 

-20-

 

majority in interest of the Registrable Securities and
Exchange Securities sold by all such Participants in the case of paragraph (a) of this Section
7 or the Company Issuers in the case of paragraph (b) of this Section 7. In the event that any
Participants are indemnified persons collectively entitled, in connection with a proceeding or
separate but related or substantially similar proceedings in a single jurisdiction, to the payment
of fees and expenses of a single separate firm under this Section 7(c), and any such Participants
cannot agree to a mutually acceptable separate firm to act as counsel thereto, then such separate
firm for all such Indemnified Persons shall be designated in writing by Participants who sold a
majority in interest of the Registrable Securities and Exchange Securities sold by all such
Participants. An indemnifying party will not, without the prior written consent of the indemnified
parties, settle or compromise or consent to the entry of any judgment with respect to any pending
or threatened claim, action, suit or proceeding in respect of which indemnification or contribution
may be sought hereunder (whether or not the indemnified parties are actual or potential parties to
such claim or action) unless such settlement, compromise or consent includes an unconditional
release of each indemnified party from all liability arising out of such claim, action, suit or
proceeding and does not include any statement as to, or any admission of, fault, culpability or
failure to act by or on behalf of any indemnified party. All fees and expenses reimbursed pursuant
to this paragraph (c) shall be reimbursed as they are incurred.

(d) After notice from the indemnifying party to such indemnified party of its election so to
assume the defense thereof and approval by such indemnified party of counsel appointed to defend
such action, the indemnifying party will not be liable to such indemnified party under this Section
7 for any legal or other expenses, other than reasonable costs of investigation, subsequently
incurred by such indemnified party in connection with the defense thereof, unless (i) the
indemnified party shall have employed separate counsel in accordance with the third sentence of
paragraph (c) of this Section 7 or (ii) the indemnifying party has authorized in writing the
employment of counsel for the indemnified party at the expense of the indemnifying party. After
such notice from the indemnifying party to such indemnified party, the indemnifying party will not
be liable for the costs and expenses of any settlement of such action effected by such indemnified
party without the prior written consent of the indemnifying party (which consent shall not be
unreasonably withheld), unless such indemnified party waived in writing its rights under this
Section 7, in which case the indemnified party may effect such a settlement without such consent.

(e) In circumstances in which the indemnity agreement provided for in the preceding paragraphs
of this Section 7 is unavailable to, or insufficient to hold harmless, an indemnified party in
respect of any losses, claims, damages or liabilities (or actions in respect thereof) (other than
by virtue of the failure of an indemnified party to notify the indemnifying party of its right to
indemnification pursuant to paragraph (a) or (b) of this Section 7, where such failure materially
prejudices the indemnifying party (through the forfeiture of substantial rights or defenses)), each
indemnifying party, in order to provide for just and equitable contribution, shall contribute to
the amount paid or payable by such indemnified party as a result of such losses, claims, damages or
liabilities (or actions in respect thereof) in such proportion as is appropriate to reflect (i) the
relative benefits received by the indemnifying party or parties on the one hand and the indemnified
party on the other from the offering of the Securities or (ii) if the allocation provided by the
foregoing clause (i) is not permitted by applicable law, not only such relative benefits but also
the relative fault of the indemnifying party or parties on the one hand and the indemnified party
on the other in connection with the statements or omissions or alleged statements or omissions that
resulted in such losses, claims, damages or liabilities (or actions in respect thereof). The
relative benefits received by the Company Issuers and the Guarantors on the one hand and such
Participant on the other shall be

 

-21-

 

deemed to be in the same proportion that the total net proceeds from the offering (before
deducting expenses) of the Securities received by the Company Issuers bear to the total discounts
and commissions received by such Participant in connection with the sale of the Securities (or if
such Participant did not receive discounts or commissions, the value or receiving the Securities).
The relative fault of the parties shall be determined by reference to, among other things, whether
the untrue or alleged untrue statement of a material fact or the omission or alleged omission to
state a material fact relates to information supplied by the Company Issuers on the one hand, or
the Participants on the other, the parties’ relative intent, knowledge, access to information and
opportunity to correct or prevent such statement or omission or alleged statement or omission, and
any other equitable considerations appropriate in the circumstances. The parties agree that it
would not be equitable if the amount of such contribution were determined by pro rata or per capita
allocation or by any other method of allocation that does not take into account the equitable
considerations referred to in the first sentence of this paragraph (e). Notwithstanding any other
provision of this paragraph (e), no Participant shall be obligated to make contributions hereunder
that in the aggregate exceed the total discounts, commissions and other compensation or net
proceeds on the sale of Securities received by such Participant in connection with the sale of the
Securities, less the aggregate amount of any damages that such Participant has otherwise been
required to pay by reason of the untrue or alleged untrue statements or the omissions or alleged
omissions to state a material fact, and no person guilty of fraudulent misrepresentation (within
the meaning of Section 11(f) of the Act) shall be entitled to contribution from any person who was
not guilty of such fraudulent misrepresentation. For purposes of this paragraph (d), each person,
if any, who controls a Participant within the meaning of Section 15 of the Act or Section 20 of the
Exchange Act shall have the same rights to contribution as the Participants, and each director of
the Company Issuers and the Guarantors, each officer of the Company Issuers and the Guarantors and
each person, if any, who controls the Company Issuers and the Guarantors within the meaning of
Section 15 of the Act or Section 20 of the Exchange Act, shall have the same rights to contribution
as the Company Issuers.

8. Rule 144A

The Company Issuers covenant and agree that they will use commercially reasonable efforts to
file the reports required to be filed by them under the Securities Act and the Exchange Act and the
rules and regulations adopted by the SEC thereunder in a timely manner in accordance with the
requirements of the Securities Act and the Exchange Act and, if at any time the Company Issuers are
not required to file such reports, the Company Issuers will, upon the request of any Holder or
beneficial owner of Registrable Securities, make available such information necessary to permit
sales pursuant to Rule 144A. The Company Issuers further covenant and agree, for so long as any
Registrable Securities remain outstanding that they will take such further action as any Holder of
Registrable Securities may reasonably request, all to the extent required from time to time to
enable such holder to sell Registrable Securities without registration under the Securities Act
within the limitation of the exemptions provided by Rule 144A unless the Company Issuers are then
subject to Section 13 or 15(d) of the Exchange Act and reports filed thereunder satisfy the
information requirements of Rule 144A then in effect.

9. Underwritten Registrations

The Company Issuers shall not be required to assist in an underwritten offering unless
requested by the Holders of a majority in aggregate principal amount of the Registrable
Securities. If any of the Registrable Securities covered by any Shelf Registration are to be sold
in an underwritten offering,
the investment banker or investment bankers and manager or managers that will manage the
offering will be selected by the Holders of a majority in aggregate principal amount of such
Registrable Securities included in such offering and shall be reasonably acceptable to the Company
Issuers.

 

-22-

 

No Holder of Registrable Securities may participate in any underwritten registration hereunder
unless such Holder (a) agrees to sell such Holder’s Registrable Securities on the basis provided in
any underwriting arrangements approved by the Persons entitled hereunder to approve such
arrangements and (b) completes and executes all questionnaires, powers of attorney, indemnities,
underwriting agreements and other documents required under the terms of such underwriting
arrangements.

10. Miscellaneous

(a) No Inconsistent Agreements. The Company Issuers have not as of the date hereof,
and the Company Issuers shall not, after the date of this Agreement, enter into any agreement with
respect to any of their securities that is inconsistent with the rights granted to the Holders of
Registrable Securities in this Agreement or otherwise conflicts with the provisions hereof. The
rights granted to the Holders hereunder do not in any way conflict with and are not inconsistent
with the rights granted to the holders of the Company Issuers other issued and outstanding
securities under any such agreements. The Company Issuers will not enter into any other agreement
with respect to any of its securities which will grant to any Person piggy-back registration rights
with respect to any Registration Statement.

(b) Amendments and Waivers. The provisions of this Agreement may not be amended,
modified or supplemented, and waivers or consents to departures from the provisions hereof may not
be given, otherwise than with the prior written consent of (I) the Company Issuers, and (II) (A)
the Holders of not less than a majority in aggregate principal amount of the then outstanding
Registrable Securities and (B) in circumstances that would adversely affect the Participating
Broker-Dealers, the Participating Broker-Dealers holding not less than a majority in aggregate
principal amount of the Exchange Notes held by all Participating Broker-Dealers; provided,
however, that Section 7 and this Section 10(b) may not be amended, modified or supplemented
without the prior written consent of each Holder and each Participating Broker-Dealer (including
any person who was a Holder or Participating Broker-Dealer of Registrable Securities or Exchange
Securities, as the case may be, disposed of pursuant to any Registration Statement) affected by any
such amendment, modification or supplement. Notwithstanding the foregoing, a waiver or consent to
depart from the provisions hereof with respect to a matter that relates exclusively to the rights
of Holders of Registrable Securities whose securities are being sold pursuant to a Registration
Statement and that does not directly or indirectly affect, impair, limit or compromise the rights
of other Holders of Registrable Securities may be given by Holders of at least a majority in
aggregate principal amount of the Registrable Securities being sold pursuant to such Registration
Statement.

 

-23-

 

(c) Notices. All notices and other communications (including, without limitation, any
notices or other communications to the Trustee) provided for or permitted hereunder shall be made
in writing by hand-delivery, registered first-class mail, next-day air courier or facsimile:

(i) if to a Holder of the Registrable Securities, or any Participating Broker-Dealer,
at the most current address of such Holder, or Participating Broker-Dealer, as the case may
be, set forth on the records of the registrar under the Indenture, with a copy in like
manner to the Initial Purchasers at the address or addresses set forth in the Purchase
Agreement;

	 	 	 	with a copy to:
	 
	 	 	 	Cahill Gordon & Reindel llp

80 Pine Street

New York, New York 10005

Facsimile No.: (212) 269-5420

Attention: John A. Tripodoro, Esq.

Douglas S. Horowitz, Esq.

	 
	 	(ii)	 	if to the Initial Purchasers, at the address specified in Section 10(c)(i);
	 
	 	(iii)	 	if to the Company Issuers, at the address as follows:
	 
	 	 	 	Associated Materials, LLC

3773 State Road

Cuyahoga Falls, Ohio 44223

Facsimile No.: (330) 922-2296

Attention: Chief Financial Officer
	 
	 	 	 	with a copy to:
	 
	 	 	 	Simpson Thacher & Bartlett LLP

2550 Hanover Street

Palo Alto, California 94304

Facsimile No.: (650) 251-5002

Attention: William B. Brentani, Esq.

All such notices and communications shall be deemed to have been duly given: when delivered
by hand, if personally delivered; five Business Days after being deposited in the mail, postage
prepaid, if mailed; one Business Day after being timely delivered to a next-day air courier; and
upon written confirmation, if sent by facsimile.

Copies of all such notices, demands or other communications shall be concurrently delivered by
the Person giving the same to the Trustee at the address and in the manner specified in such
Indenture.

(d) Successors and Assigns. This Agreement shall inure to the benefit of and be
binding upon the successors and assigns of each of the parties hereto, the Holders and the
Participating Broker-Dealers; provided, however, that nothing herein shall be
deemed to permit any assignment, transfer or other disposition of Registrable Securities in
violation of the terms of the Purchase Agreement or the Indenture.

 

-24-

 

(e) Counterparts. This Agreement may be executed in any number of counterparts and by
the parties hereto in separate counterparts, each of which when so executed shall be deemed to be
an original and all of which taken together shall constitute one and the same agreement.

(f) Headings. The headings in this Agreement are for convenience of reference only
and shall not limit or otherwise affect the meaning hereof.

(g) Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE
WITH THE LAWS OF THE STATE OF NEW YORK, AS APPLIED TO CONTRACTS MADE AND PERFORMED ENTIRELY WITHIN
THE STATE OF NEW YORK. EACH OF THE PARTIES HEREBY WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY ACTION,
PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT.

(h) Severability. If any term, provision, covenant or restriction of this Agreement
is held by a court of competent jurisdiction to be invalid, illegal, void or unenforceable, the
remainder of the terms, provisions, covenants and restrictions set forth herein shall remain in
full force and effect and shall in no way be affected, impaired or invalidated, and the parties
hereto shall use their commercially best efforts to find and employ an alternative means to achieve
the same or substantially the same result as that contemplated by such term, provision, covenant or
restriction. It is hereby stipulated and declared to be the intention of the parties that they
would have executed the remaining terms, provisions, covenants and restrictions without including
any of such that may be hereafter declared invalid, illegal, void or unenforceable.

(i) Notes Held by the Company Issuers or their Affiliates. Whenever the consent or
approval of Holders of a specified percentage of Registrable Securities is required hereunder,
Registrable Securities held by the Company Issuers or their affiliates (as such term is defined in
Rule 405 under the Securities Act) shall not be counted in determining whether such consent or
approval was given by the Holders of such required percentage.

(j) Third-Party Beneficiaries. Holders of Registrable Securities and Participating
Broker-Dealers are intended third-party beneficiaries of this Agreement, and this Agreement may be
enforced by such Persons.

(k) Entire Agreement. This Agreement (and solely as regards payment of Additional
Interest, the Indenture) is intended by the parties as a final and exclusive statement of the
agreement and understanding of the parties hereto in respect of the subject matter contained herein
and therein and any and all prior oral or written agreements, representations, or warranties,
contracts, understandings, correspondence, conversations and memoranda between the Holders and
Initial Purchasers on the one hand and the Company Issuers on the other, or between or among any
agents, representatives, parents, subsidiaries, affiliates, predecessors in interest or successors
in interest with respect to the subject matter hereof and thereof are merged herein and replaced
hereby.

 

-25-

 

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

	 	 	 	 	 
	 	The Company Issuers:

CAREY ACQUISITION CORP.

 	 
	 	By:  	/s/ Erik D. Ragatz
 	 
	 	 	Name:  	Erik D. Ragatz 	 
	 	 	Title:  	President, Treasurer and Secretary 	 
	 
	 	CAREY NEW FINANCE, INC.

 	 
	 	By:  	/s/ Erik D. Ragatz
 	 
	 	 	Name:  	Erik D. Ragatz 	 
	 	 	Title:  	President, Treasurer and Secretary 	 
	 
	 	ASSOCIATED MATERIALS, LLC

 	 
	 	By:  	/s/ Stephen Graham
 	 
	 	 	Name:  	Stephen Graham 	 
	 	 	Title:  	Vice President, Chief Financial Officer 	 

[SIGNATURES CONTINUE ON THE FOLLOWING PAGE]

[Signature Page to Registration Rights Agreement]

 

 

	 	 	 	 	 
	 	The Guarantors

GENTEK HOLDINGS, LLC

 	 
	 	By:  	/s/ Stephen E. Graham
 	 
	 	 	Name:  	Stephen E. Graham 	 
	 	 	Title:  	Vice President — Chief Financial
Officer, Treasurer and Secretary 	 

[SIGNATURES CONTINUE ON THE FOLLOWING PAGE]

[Signature Page to Registration Rights Agreement]

 

 

	 	 	 	 	 
	 	The Guarantors

GENTEK BUILDING PRODUCTS, INC.

 	 
	 	By:  	/s/ Stephen E. Graham
 	 
	 	 	Name:  	Stephen E. Graham 	 
	 	 	Title:  	Vice President — Chief Financial
Officer, Treasurer and Secretary 	 

[SIGNATURES CONTINUE ON THE FOLLOWING PAGE]

[Signature Page to Registration Rights Agreement]

 

 

The foregoing Agreement is hereby

confirmed and accepted as of the

date first above written.

DEUTSCHE BANK SECURITIES INC.

For itself and as Representatives of the other 

several Initial Purchasers named in Schedule I

to the Purchase
Agreement.

	 	 	 	 
	By:  	                    /s/ Chris Blum
 	 
	 	Name:  	Chris Blum 	 
	 	Title:  	Director 	 
	 	 
	By:  	                    /s/ David Lynch
 	 
	 	Name:  	David Lynch 	 
	 	Title:  	Managing Director 	 

[Signature Page to Registration Rights Agreement]

 

 

UBS SECURITIES LLC

For itself and as Representatives of the other 

several Initial Purchasers named in Schedule I

to the Purchase Agreement.

	 	 	 	 
	By:  	                     /s/ Peter Chomyonk
 	 
	 	Name:  	Peter Chomyonk 	 
	 	Title:  	Director 	 
	 	 
	By:  	                     /s/ Ryan Munro
 	 
	 	Name:  	Ryan Munro 	 
	 	Title:  	Director 	 

[Signature Page to Registration Rights Agreement]Exhibit 10.1

Exhibit 10.1

EXECUTION VERSION

REVOLVING CREDIT AGREEMENT

Dated as of October 13, 2010

among

CAREY INTERMEDIATE HOLDINGS CORP.,

as Holdings,

ASSOCIATED MATERIALS, LLC,

GENTEK HOLDINGS, LLC and

GENTEK BUILDING PRODUCTS, INC.,

as US Borrowers,

ASSOCIATED MATERIALS CANADA LIMITED,

GENTEK CANADA HOLDINGS LIMITED and

GENTEK BUILDING PRODUCTS LIMITED PARTNERSHIP,

as Canadian Borrowers,

The Several Lenders

from Time to Time Parties Hereto,

UBS AG, STAMFORD BRANCH,

as US Administrative Agent, US Collateral Agent, as a US Letter of Credit Issuer

and as a Canadian Letter of Credit Issuer,

UBS AG CANADA BRANCH,

as Canadian Administrative Agent and Canadian Collateral Agent,

WELLS FARGO CAPITAL FINANCE, LLC,

as Co-Collateral Agent,

UBS LOAN FINANCE LLC,

as Swingline Lender,

DEUTSCHE BANK AG NEW YORK BRANCH,

as a US Letter of Credit Issuer,

DEUTSCHE BANK AG CANADA BRANCH

as a Canadian Letter of Credit Issuer,

and

WELLS FARGO BANK, NATIONAL ASSOCIATION,

as a US Letter of Credit Issuer and as a Canadian Letter of Credit Issuer,

UBS SECURITIES LLC,

DEUTSCHE BANK SECURITIES INC. and

WELLS FARGO CAPITAL FINANCE, LLC,

as Joint Lead Arrangers and Joint Bookrunners

and

DEUTSCHE BANK SECURITIES INC. and

WELLS FARGO CAPITAL FINANCE, LLC,

as Co-Syndication Agents

1104405

 

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page	 
	 
	 	 	 	 
	Section 1. Definitions
	 	 	 	 
	 
	 	 	 	 
	1.1 Defined Terms
	 	 	2	 
	1.2 Other Interpretive Provisions
	 	 	50	 
	1.3 Accounting Terms
	 	 	50	 
	1.4 Rounding
	 	 	51	 
	1.5
References to Agreements, Laws, etc.
	 	 	51	 
	1.6 Times of Day
	 	 	51	 
	1.7 Timing of Payment of Performance
	 	 	51	 
	1.8 Currency Equivalents Generally
	 	 	51	 
	1.9 UCC Terms
	 	 	51	 
	1.10 PPSA Terms
	 	 	51	 
	1.11 Classification of Loans and Borrowings
	 	 	51	 
	1.12 Interpretation in Québec
	 	 	52	 
	 
	 	 	 	 
	Section 2. Amount and Terms of Credit Facility
	 	 	 	 
	 
	 	 	 	 
	2.1 Loans
	 	 	52	 
	2.2 Minimum Amount of Each Borrowing; Maximum Number of Borrowings
	 	 	54	 
	2.3 Notice of Borrowing
	 	 	54	 
	2.4 Disbursement of Funds
	 	 	54	 
	2.5 Repayment of Loans; Evidence of Debt
	 	 	56	 
	2.6 Conversions and Continuations
	 	 	57	 
	2.7 Pro Rata Borrowings
	 	 	58	 
	2.8 Interest
	 	 	58	 
	2.9 Interest Periods
	 	 	59	 
	2.10
Increased Costs, Illegality, etc.
	 	 	59	 
	2.11 Compensation
	 	 	61	 
	2.12 Change of Lending Office
	 	 	61	 
	2.13 Notice of Certain Costs
	 	 	61	 
	2.14
Reserves, etc.
	 	 	61	 
	2.15 Incremental Facilities
	 	 	62	 
	2.16 Interest Act (Canada); Criminal Rate of Interest; Nominal Rate of Interest
	 	 	63	 
	2.17 The Company as Agent for Borrowers
	 	 	64	 
	2.18 Defaulting Lenders
	 	 	64	 
	2.19 Extensions of Revolving Credit Loans and Revolving Credit Commitments
	 	 	66	 
	2.20 Limitations on Additional Collateral
	 	 	68	 
	 
	 	 	 	 
	Section 3. Letters of Credit
	 	 	 	 
	 
	 	 	 	 
	3.1 Issuance of Letters of Credit
	 	 	68	 
	3.2 Letter of Credit Requests
	 	 	68	 
	3.3 Letter of Credit Participations
	 	 	69	 
	3.4 Agreement to Repay Letter of Credit Drawings
	 	 	70	 
	3.5 Increased Costs
	 	 	71	 
	3.6 New or Successor Letter of Credit Issuer
	 	 	72	 
	3.7 Cash Collateral
	 	 	72	 
	3.8 Existing Letters of Credit
	 	 	73	 
	3.9 Applicability of ISP and UCP
	 	 	73	 
	3.10 Conflict with Issuer Documents
	 	 	73	 
	3.11 Letters of Credit Issued for Restricted Subsidiaries
	 	 	73	 

 

i

 

	 	 	 	 	 
	 	 	Page	 
	 
	 	 	 	 
	Section 4. Fees; Commitment Reductions and Terminations
	 	 	 	 
	 
	 	 	 	 
	4.1 Fees
	 	 	73	 
	4.2 Voluntary Reduction of Commitments
	 	 	74	 
	4.3 Mandatory Termination of Commitments
	 	 	75	 
	 
	 	 	 	 
	Section 5. Payments
	 	 	 	 
	 
	 	 	 	 
	5.1 Voluntary Prepayments
	 	 	75	 
	5.2 Mandatory Prepayments
	 	 	75	 
	5.3 Method and Place of Payment
	 	 	76	 
	5.4 Net Payments
	 	 	76	 
	5.5 Computations of Interest and Fees
	 	 	78	 
	5.6 Limit on Rate of Interest
	 	 	79	 
	 
	 	 	 	 
	Section 6. Conditions Precedent to Initial Credit Event
	 	 	 	 
	 
	 	 	 	 
	6.1 Credit Documents
	 	 	79	 
	6.2 Collateral
	 	 	80	 
	6.3 Legal Opinions
	 	 	81	 
	6.4 Structure and Terms of the Transactions
	 	 	81	 
	6.5 Closing Certificates
	 	 	82	 
	6.6 Corporate Proceedings
	 	 	82	 
	6.7 Corporate Documents
	 	 	82	 
	6.8 Fees and Expenses
	 	 	82	 
	6.9 Solvency Certificate
	 	 	82	 
	6.10 Financial Statements
	 	 	82	 
	6.11 Insurance Certificates
	 	 	82	 
	6.12 Company Material Adverse Effect
	 	 	82	 
	6.13 Representations and Warranties
	 	 	82	 
	6.14 Borrowing Base Certificate
	 	 	83	 
	6.15 PATRIOT ACT
	 	 	83	 
	 
	 	 		 
	Section 7. Conditions Precedent to All Credit Events
	 	 		 
	 
	 	 	 	 
	7.1 No Default; Representations and Warranties
	 	 	83	 
	7.2 Notice of Borrowing; Letter of Credit Request
	 	 	83	 
	7.3 Fixed Charge Coverage Ratio
	 	 	83	 
	 
	 	 	 	 
	Section 8. Representations, Warranties and Agreements
	 	 	 	 
	 
	 	 	 	 
	8.1 Corporate Status
	 	 	83	 
	8.2 Corporate Power and Authority; Enforceability
	 	 	84	 
	8.3 No Violation
	 	 	84	 
	8.4 Litigation
	 	 	84	 
	8.5 Margin Regulations
	 	 	84	 
	8.6 Governmental Approvals
	 	 	84	 
	8.7 Investment Company Act
	 	 	84	 
	8.8 True and Complete Disclosure
	 	 	84	 
	8.9 Financial Statements
	 	 	85	 
	8.10 Tax
Returns and Payments, etc.
	 	 	85	 
	8.11 Compliance with ERISA and Canadian Pension Laws
	 	 	85	 

 

ii

 

	 	 	 	 	 
	 	 	Page	 
	 
	 	 	 	 
	8.12 Subsidiaries
	 	 	86	 
	8.13 Intellectual Property
	 	 	86	 
	8.14 Environmental Laws
	 	 	86	 
	8.15 Properties, Assets and Rights
	 	 	86	 
	8.16 Solvency
	 	 	87	 
	8.17 Material Adverse Change
	 	 	87	 
	8.18 Anti-Terrorism Laws
	 	 	87	 
	8.19 Senior Debt
	 	 	87	 
	8.20 Use of Proceeds
	 	 	87	 
	 
	 	 	 	 
	Section 9. Affirmative Covenants
	 	 	 	 
	 
	 	 	 	 
	9.1 Information Covenants
	 	 	87	 
	9.2 Books, Records and Inspections
	 	 	91	 
	9.3 Maintenance of Insurance
	 	 	91	 
	9.4 Payment of Taxes
	 	 	92	 
	9.5 Consolidated Corporate Franchises
	 	 	92	 
	9.6 Compliance with Statutes
	 	 	92	 
	9.7 ERISA
	 	 	92	 
	9.8 Good Repair
	 	 	92	 
	9.9 End of Fiscal Years; Fiscal Quarters
	 	 	93	 
	9.10 Additional Borrowers, Guarantors and Grantors
	 	 	93	 
	9.11 Pledges of Additional Stock and Evidence of Indebtedness
	 	 	93	 
	9.12 Use of Proceeds
	 	 	94	 
	9.13 Changes in Business
	 	 	94	 
	9.14 Further Assurances
	 	 	94	 
	9.15 Designation of Subsidiaries
	 	 	95	 
	9.16 Cash Management
	 	 	95	 
	9.17 Post-Closing Covenants
	 	 	97	 
	 
	 	 	 	 
	Section 10. Negative Covenants
	 	 	 	 
	 
	 	 	 	 
	10.1 Limitation on Indebtedness
	 	 	97	 
	10.2 Limitation on Liens
	 	 	100	 
	10.3 Limitation on Fundamental Changes
	 	 	102	 
	10.4 Limitation on Sale of Assets
	 	 	104	 
	10.5 Limitation on Investments
	 	 	105	 
	10.6 Limitation on Dividends
	 	 	107	 
	10.7 Limitations on Debt Payments and Amendments
	 	 	109	 
	10.8 Limitations on Sale Leasebacks
	 	 	109	 
	10.9 Negative Pledge Clauses
	 	 	109	 
	10.10 Passive Holding Company
	 	 	110	 
	10.11 Financial Covenant
	 	 	110	 
	10.12 Transactions with Affiliates
	 	 	110	 
	 
	 	 	 	 
	Section 11. Events of Default
	 	 	 	 
	 
	 	 	 	 
	11.1 Payments
	 	 	111	 
	11.2
Representations, etc.
	 	 	111	 
	11.3 Covenants
	 	 	111	 
	11.4 Default Under Other Agreements
	 	 	111	 
	11.5
Bankruptcy, etc.
	 	 	112	 
	11.6 ERISA
	 	 	112	 
	11.7 Guarantee
	 	 	112	 
	11.8 Security Documents
	 	 	112	 
	11.9 Judgments
	 	 	112	 
	11.10 Change of Control
	 	 	112	 
	11.11 Borrower’s Right to Cure
	 	 	113	 

 

iii

 

	 	 	 	 	 
	 	 	Page	 
	 
	 	 		 
	Section 12. The Administrative Agents and Collateral Agents
	 	 		 
	 
	 	 		 
	12.1 Appointment
	 	 	113	 
	12.2 Limited Duties
	 	 	114	 
	12.3 Binding Effect
	 	 	114	 
	12.4 Delegation of Duties
	 	 	115	 
	12.5 Exculpatory Provisions
	 	 	115	 
	12.6 Reliance by Administrative Agents
	 	 	115	 
	12.7 Notice of Default
	 	 	115	 
	12.8 Non-Reliance on the Administrative Agents and Other Lenders
	 	 	116	 
	12.9 Indemnification
	 	 	116	 
	12.10 UBS AG, STAMFORD BRANCH, UBS AG CANADA BRANCH and WELLS FARGO CAPITAL
FINANCE, LLC in Their Individual Capacity
	 	 	116	 
	12.11 Successor Agent
	 	 	116	 
	12.12 Withholding Tax
	 	 	117	 
	12.13 Duties as Collateral Agents and as Paying Agent
	 	 	117	 
	12.14 Authorization to Release Liens and Guarantees
	 	 	118	 
	12.15 Collateral Agent Duties
	 	 	118	 
	 
	 	 		 
	Section 13. Miscellaneous
	 	 		 
	 
	 	 		 
	13.1 Amendments and Waivers
	 	 	118	 
	13.2 Notices and Other Communications; Facsimile Copies
	 	 	119	 
	13.3 No Waiver; Cumulative Remedies
	 	 	119	 
	13.4 Survival of Representations and Warranties
	 	 	119	 
	13.5 Payment of Expenses; Indemnification
	 	 	120	 
	13.6 Successors and Assigns; Participations and Assignments
	 	 	121	 
	13.7 Replacements of Lenders under Certain Circumstances
	 	 	123	 
	13.8 Payments Generally; Adjustments; Set-off
	 	 	124	 
	13.9 Counterparts
	 	 	124	 
	13.10 Severability
	 	 	124	 
	13.11 Integration
	 	 	125	 
	13.12 GOVERNING LAW
	 	 	125	 
	13.13 Submission to Jurisdiction; Waivers
	 	 	125	 
	13.14 Acknowledgments
	 	 	125	 
	13.15 WAIVERS OF JURY TRIAL
	 	 	125	 
	13.16 Confidentiality
	 	 	126	 
	13.17 Release of Collateral and Guarantee Obligations; Subordination of Liens
	 	 	126	 
	13.18 USA PATRIOT ACT
	 	 	127	 
	13.19 CURRENCY INDEMNITY
	 	 	127	 

 

iv

 

	 	 	 
	SCHEDULES
	 	 
	 
	 	 
	Schedule 1.1(a)

	 	Commitments and Addresses of Lenders
	Schedule 1.1(b)

	 	Mortgaged Property
	Schedule 1.1(c)

	 	Existing Letters of Credit
	Schedule 6.4(d)   
	 	Indebtedness to Be Refinanced on the Closing Date
	Schedule 8.12

	 	Subsidiaries
	Schedule 8.15

	 	Owned Real Property
	Schedule 9.17

	 	Post-Closing Covenants
	Schedule 10.1

	 	Indebtedness
	Schedule 10.2

	 	Liens
	Schedule 10.4

	 	Dispositions
	Schedule 10.5

	 	Investments
	Schedule 10.9

	 	Negative Pledge Clauses
	Schedule 10.12

	 	Transactions with Affiliates
	Schedule 13.2

	 	Addresses for Notices
	 
	 	 
	EXHIBITS
	 	 
	 
	 	 
	Exhibit A

	 	Form of Assignment and Acceptance
	Exhibit B-1

	 	Form of US Guarantee
	Exhibit B-2

	 	Form of Canadian Guarantee
	Exhibit C-1

	 	Form of US Mortgage
	Exhibit C-2

	 	Form of Canadian Mortgage
	Exhibit D

	 	Form of Perfection Certificate
	Exhibit E-1

	 	Form of US Security Agreement
	Exhibit E-2

	 	Form of Canadian Security Agreement
	Exhibit E-3

	 	Form of US Pledge Agreement
	Exhibit E-4

	 	Form of Canadian Pledge Agreement - Canadian Credit Parties
	Exhibit E-5

	 	Form of Canadian Pledge Agreement - US Credit Parties
	Exhibit F-1

	 	Form of Notice of Borrowing
	Exhibit F-2

	 	Form of Letter of Credit Request
	Exhibit G-1

	 	Form of Legal Opinion of Simpson Thacher & Bartlett LLP
	Exhibit G-2

	 	Form of Osler, Hoskin & Harcourt LLP
	Exhibit H

	 	Form of Closing Certificate
	Exhibit I

	 	Form of Promissory Note (Revolving Credit and Swingline Loans)
	Exhibit J-1

	 	Form of US Intercompany Note
	Exhibit J-2

	 	Form of Canadian Intercompany Note
	Exhibit K

	 	Form of Borrowing Base Certificate
	Exhibit L

	 	Form of Loss Sharing Agreement
	Exhibit M

	 	Form of Joinder Agreement
	Exhibit N

	 	Form of Solvency Certificate
	Exhibit O

	 	Form of Intercreditor Agreement
	Exhibit P

	 	Form of United States Tax Compliance Certificate

 

v

 

REVOLVING CREDIT AGREEMENT, dated as of October 13, 2010, among CAREY INTERMEDIATE HOLDINGS
CORP., a Delaware corporation (“Holdings”, as hereinafter further defined), ASSOCIATED
MATERIALS, LLC, a Delaware limited liability company (the “Company”), GENTEK HOLDINGS, LLC,
a Delaware limited liability company, and GENTEK BUILDING PRODUCTS, INC., a Delaware corporation
(each together with the Company, individually, a “US Borrower” and collectively, the
“US Borrowers”, as hereinafter further defined), ASSOCIATED MATERIALS CANADA LIMITED, an
Ontario corporation, GENTEK CANADA HOLDINGS LIMITED, an Ontario corporation, and GENTEK BUILDING
PRODUCTS LIMITED PARTNERSHIP, an Ontario limited partnership (each individually, a “Canadian
Borrower” and, collectively, the “Canadian Borrowers”, as hereinafter further defined;
the Canadian Borrowers, together with the US Borrowers, each individually, a “Borrower”
and, collectively, the “Borrowers”), the banks, financial institutions and other
institutional lenders and investors from time to time parties hereto (each individually, a
“Lender” and collectively, the “Lenders”), UBS LOAN FINANCE LLC, as Swingline
Lender, UBS AG, STAMFORD BRANCH, as US Administrative Agent, US Collateral Agent, as a US Letter of
Credit Issuer and a Canadian Letter of Credit Issuer, UBS AG CANADA BRANCH, as Canadian
Administrative Agent and Canadian Collateral Agent, WELLS FARGO CAPITAL FINANCE, LLC, as
Co-Collateral Agent, DEUTSCHE BANK AG NEW YORK BRANCH, as a US Letter of Credit Issuer, DEUTSCHE
BANK AG CANADA BRANCH, as a Canadian Letter of Credit Issuer, and WELLS FARGO BANK, NATIONAL
ASSOCIATION, as a US Letter of Credit Issuer and as a Canadian Letter of Credit Issuer.

RECITALS:

WHEREAS, capitalized terms used and not defined in the preamble and these recitals shall have
the respective meanings set forth for such terms in Section 1.1 hereof;

WHEREAS, pursuant to the Purchase Agreement, Merger Sub will be merged with and into AMH
Holdings II, Inc., a Delaware corporation (the “Target”), in accordance with the terms
thereof, with the Target surviving such merger (the “First Merger”);

WHEREAS, immediately after giving effect to the First Merger, the following upstream and
downstream mergers will occur: (i) Associated Materials Holdings, LLC will merge with and into AMH
Holdings, LLC, with AMH Holdings, LLC as the surviving entity, (ii) AMH Holdings, LLC will merge
with and into the Target, with the Target as the surviving entity and (iii) the Target will merge
with and into the Company, with the Company as the surviving entity (collectively, the
“Secondary Mergers” and, together with the First Merger, the “Mergers”);

WHEREAS, in order to fund, in part, the Merger Funds, the Investors will directly or
indirectly make cash equity contributions (the “Equity Contribution”) to Merger Sub
(through Parent and Holdings) in an aggregate amount equal to, when combined with the fair market
value of the Capital Stock (and any options or warrants or stock appreciation or similar rights
issued with respect to such Capital Stock) of the Target owned by management and existing
shareholders of the Target and its Subsidiaries rolled over or invested in connection with the
Transactions, at least 35% of the total pro forma debt and equity capitalization of Target and its
Subsidiaries on the Closing Date, after giving pro forma effect to the Transactions;

WHEREAS, in order to fund, in part, the Merger Funds, the Company will issue, together with
Carey New Finance, Inc., $730,000,000 in aggregate principal amount of the Senior Secured Notes
pursuant to the Senior Secured Notes Indenture; and

WHEREAS, in connection with the foregoing, the Borrowers and Holdings have requested that the
Lenders, Swingline Lender and Letter of Credit Issuers make available Revolving Credit Loans,
Letters of Credit and/or Swingline Loans for the purposes specified in this Agreement in the
maximum aggregate principal amount of $225,000,000 (as such amount may be adjusted pursuant to the
terms of this Agreement).

 

 

 

AGREEMENT:

NOW, THEREFORE, in consideration of the premises and the agreements, provisions and covenants
herein contained, the parties hereto agree as follows:

SECTION
1. Definitions

1.1 Defined Terms. As used herein, the following terms shall have the meanings specified in this Section 1.1
unless the context otherwise requires:

“ABR” shall mean, for any day, a rate per annum equal to the greatest of (a) the Prime
Rate in effect on such day, (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of
1% and (c) the Eurodollar Rate for a one month Interest Period on such day (or if such day is not a Business Day, the immediately preceding
Business Day) plus 1.00%; provided that, for the avoidance of doubt, for purposes of
calculating the Eurodollar Rate pursuant to clause (c) above, the Eurodollar Rate for any day shall
be based on the rate per annum appearing at approximately 11:00 a.m. (London time) on such day on
the Reuters Screen LIBOR01 page for a period equal to one-month. If the US Administrative Agent is
unable to ascertain the Federal Funds Effective Rate due to its inability to obtain sufficient
quotations in accordance with the definition thereof, after notice is provided to the Company, the
ABR shall be determined without regard to clause (b) of the preceding sentence until the
circumstances giving rise to such inability no longer exist. Any change in the ABR due to a change
in the Prime Rate, the Federal Funds Effective Rate or the Eurodollar Rate for an Interest Period
of one month shall be effective as of the opening of business on the effective day of such change
in the Prime Rate, the Federal Funds Effective Rate or such Eurodollar Rate, respectively.

“ABR Loan” shall mean each Loan bearing interest at the rate provided in Section
2.8(a)(i) and, in any event, shall include all Swingline Loans denominated in US Dollars.

“Additional Agreement” shall have the meaning provided in Section 2.19(c).

“Account Debtor” shall mean an “account debtor” as defined in Article 9 of the UCC or
any Person who may become obligated to any Borrower under, with respect to, or on account of, an
Account, chattel paper, intangibles or general intangibles of such Borrower (including a payment
intangible) or any guarantor of performance of an Account.

“Accounts” shall mean all “accounts,” as such term is defined in the UCC or PPSA, as
applicable, now owned or hereafter acquired by any Borrower, including (a) all accounts receivable,
other receivables, book debts and other forms of obligations (other than forms of obligations
evidenced by chattel paper or instruments), (including any such obligations that may be
characterized as an account or contract right under the UCC or the PPSA, as applicable), (b) all of
each Borrower’s rights in, to and under all purchase orders or receipts for merchandise, goods or
services, (c) all of each Borrower’s rights to any goods represented by any of the foregoing
(including unpaid sellers’ rights of rescission, replevin, reclamation and stoppage in transit and
rights to returned, reclaimed or repossessed goods), (d) all rights to payment due to any Borrower
for property sold, leased, licensed, assigned or otherwise Disposed of, for a policy of insurance
issued or to be issued, for a secondary obligation incurred or to be incurred, for energy provided
or to be provided, for the use or hire of a vessel under a charter or other contract, arising out
of the use of a credit card or charge card, or for services rendered or to be rendered by such
Borrower or in connection with any other transaction (whether or not yet earned by performance on
the part of such Borrower), (e) all healthcare insurance receivables, and (f) all collateral
security of any kind, now or hereafter in existence, given by any Account Debtor or other Person
with respect to any of the foregoing.

“Acquired EBITDA” shall mean, with respect to any Pro Forma Entity for any period, the
amount for such period of Consolidated EBITDA of such Pro Forma Entity (determined as if references
to the Company and its Restricted Subsidiaries in the definition of the term “Consolidated
EBITDA” were references to such Pro Forma Entity and its Subsidiaries which will become
Restricted Subsidiaries), all as determined on a consolidated basis for such Pro Forma Entity.

“Acquired Entity or Business” shall have the meaning provided in the definition of the
term “Consolidated EBITDA”.

“Activation Notice” shall mean a US Activation Notice or a Canadian Activation Notice,
as the context may require.

“Adjusted Total Revolving Credit Commitment” shall mean, at any time, the Total
Revolving Credit Commitment less the aggregate Revolving Credit Commitments of all
Defaulting Lenders.

“Adjustment Date” shall mean with respect to the determinations of the Applicable
Margin, the Average Excess Availability and the Average Revolving Credit Loan Utilization, the last
Business Day of each March, June, September and December.

“Administrative Agents” shall mean the US Administrative Agent and/or the Canadian
Administrative Agent, as context may require.

“Administrative Agents Fee Letter” shall mean the fee letter dated the Closing Date
addressed to the Company from the US Administrative Agent and the Canadian Administrative Agent and
accepted by the Company on October 13, 2010, with respect to certain fees to be paid from time to
time to the Administrative Agents.

“Affiliate” shall mean, 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.

 

2

 

“Agents” shall mean the US Administrative Agent, the US Collateral Agent, the Canadian
Administrative Agent, the Canadian Collateral Agent and the Co-Collateral Agent.

“Agreement” shall mean this Revolving Credit Agreement.

“Applicable Laws” shall mean, as to any Person, any law (including common law),
statute, regulation, ordinance, rule, order, decree, judgment, consent decree, writ, injunction,
settlement agreement or governmental requirement enacted, promulgated or imposed or entered into or
agreed by any Governmental Authority, in each case applicable to or binding on such Person or any
of its property or assets or to which such Person or any of its property or assets is subject.

“Applicable Margin” shall mean, for any day, with respect to any Eurodollar Loan, ABR
Loan, Canadian Base Rate Loan or CDOR Rate Loan, the applicable percentage per annum set forth
below under the caption “Applicable Eurodollar Rate Margin”, “Applicable ABR Rate Margin” and
“Applicable Canadian Base Rate Margin” and “Applicable CDOR Rate Margin”, as the case may be, based
upon the Average Excess Availability as of the most recent Adjustment Date; provided that
until the first Adjustment Date occurring on or after the date that is three (3) months after the
Closing Date, the “Applicable Margin” shall be the applicable percentage per annum set forth below
under Tier 2:

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Applicable	 	 	 	 
	 	 	 	 	 	 	 	 	ABR Rate Margin	 	 	 	 
	 	 	 	 	 	 	 	 	and Applicable	 	 	 	 
	 	 	 	 	Applicable	 	 	Canadian	 	 	Applicable	 
	 	 	Average	 	Eurodollar	 	 	Base	 	 	CDOR Rate	 
	Tier	 	Excess Availability	 	Rate Margin	 	 	Rate Margin	 	 	Margin	 
	1
	 	≥ 66%	 	 	2.50	%	 	 	1.50	%	 	 	2.50	%
	2
	 	< 66% but ≥ 33%	 	 	2.75	%	 	 	1.75	%	 	 	2.75	%
	3
	 	< 33%	 	 	3.00	%	 	 	2.00	%	 	 	3.00	%

The Applicable Margin shall be adjusted every three months on each Adjustment Date based upon the
Average Excess Availability in accordance with the table above.

“Approved Fund” shall have the meaning provided in Section 13.6(b).

“Assignment and Acceptance” shall mean an assignment and acceptance entered into by a
Lender and an Eligible Assignee and approved by the parties that are required to consent to such
Assignment and Acceptance in accordance with Section 13.6(b) and substantially in the form of
Exhibit A.

“Authorized Officer” shall mean the Chairman of the Board, the President, the Chief
Executive Officer, the Chief Financial Officer, the Chief Operating Officer, the Treasurer, the
Assistant Treasurer, with respect to certain limited liability companies or partnerships that do
not have officers, any manager, managing member or general partner thereof, any other senior
officer of Holdings, the Borrowers or any other Credit Party designated as such in writing to the
US Administrative Agent and the Canadian Administrative Agent by Holdings, the Borrowers or any
other Credit Party, as applicable, and, with respect to any document (other than the solvency
certificate) delivered on the Closing Date, the Secretary or the Assistant Secretary of any Credit
Party. Any document delivered hereunder that is signed by an Authorized Officer shall be
conclusively presumed to have been authorized by all necessary corporate, limited liability
company, partnership and/or other action on the part of Holdings, the Borrowers or any other Credit
Party and such Authorized Officer shall be conclusively presumed to have acted on behalf of such
Person.

“Auto-Extension Letter of Credit” shall have the meaning provided in Section 3.2(b).

“Available Revolving Credit Commitment” shall mean, at any time, the Total Revolving
Credit Commitment then in effect minus the aggregate Revolving Credit Exposure at such
time; provided that, in calculating the aggregate Revolving Credit Exposure for purposes of
determining the Available Revolving Credit Commitment pursuant to Section 4.1(a), the aggregate
principal amount of Swingline Loans and Permitted Overadvances shall be deemed to be zero.

 

3

 

“Average Excess Availability” shall mean, at any Adjustment Date, the sum of (a) the
daily average of the US Excess Availability and (b) the daily average of the Canadian Excess
Availability, expressed as a percentage of the sum of (a) the US Maximum Amount and (b) the
Canadian Maximum Amount for the three-month period immediately preceding such Adjustment Date.

“Average Revolving Credit Loan Utilization” shall mean, at any Adjustment Date, the
average daily aggregate Revolving Credit Exposure of all Lenders (excluding any Revolving Credit
Exposure resulting from any outstanding Swingline Loans or Permitted Overadvances) for the
three-month period immediately preceding such Adjustment Date (or, if less, the period from the
Closing Date to such Adjustment Date), divided by the Total Revolving Credit Commitment at such
time.

“Bank Product Reserve” shall mean a Reserve in respect of the then-outstanding
Obligations of the types described in clauses (d) and (e) of the definition of “US Obligations” or
“Canadian Obligations,” as applicable, as established from time to time by the US Administrative
Agent or Canadian Administrative Agent, as applicable, and the Co-Collateral Agent, in any case
upon the request of the Company.

“Bankruptcy Code” shall mean Title 11 of the United States Code, as amended, or any
similar federal or state, foreign, provincial or territorial law for the relief of debtors,
including the BIA and the Companies Creditors Arrangement AC (Canada) and the Winding Up and
Restructuring Act (Canada).

“BIA” means Bankruptcy and Insolvency Act (Canada).

“Blocked Accounts” shall have the meaning provided in Section 9.16(a).

“Board” shall mean the Board of Governors of the Federal Reserve System of the United
States (or any successor).

“Borrowers” shall mean, collectively, the Canadian Borrowers and the US Borrowers.

“Borrowing” shall mean and include (a) the incurrence of one Type of US Revolving
Credit Loan or Canadian Revolving Credit Loan on a given date (or resulting from conversions of US
Revolving Credit Loans or Canadian Revolving Credit Loans on a given date) having, in the case of
Eurodollar Loans or CDOR Rate Loans, the same Interest Period (provided that ABR Loans and
Canadian Base Rate Loans incurred pursuant to Section 2.10 shall be considered part of any related
Borrowing of Eurodollar Loans or CDOR Rate Loans, as applicable), (b) the incurrence of Swingline
Loans from the Swingline Lender on a given date and (c) any Permitted Overadvance.

“Borrowing Base” shall mean, as of any date, an amount equal to the sum at such time
of (without duplication) the US Borrowing Base and the Canadian Borrowing Base.

“Borrowing Base Certificate” shall mean a certificate, executed by an Authorized
Officer of the Company, substantially in the form of (or in such other form as may be mutually
agreed upon by the Company, the US Administrative Agent, the Canadian Administrative Agent and the
Co-Collateral Agent), and containing the information prescribed by, Exhibit K, delivered to the US
Administrative Agent, the Canadian Administrative Agent and the Co-Collateral Agent and setting
forth the Company’s calculation of the Borrowing Base in accordance with Section 9.1(k).

“Business Day” shall mean (a) any day excluding Saturday, Sunday and any day that
shall be in The City of New York a legal holiday or a day on which banking institutions are
authorized by law or other governmental actions to close, (b) if the applicable Business Day
relates to any Eurodollar Loans, any day on which dealings in deposits in US Dollars are carried on
in the London interbank eurodollar market and (c) if the applicable day relates to the Canadian
Credit Facility, the term “Business Day” shall also exclude any day that shall be in Toronto,
Canada a legal holiday or a day on which banking institutions are authorized by law or other
governmental actions to close.

“Canadian Activation Notice” shall have the meaning provided in Section 9.16(b)(i).

“Canadian Administrative Agent” shall mean UBS AG Canada Branch, or any successor to
UBS AG Canada Branch appointed in accordance with the provisions of Section 12.11, together with
its affiliates, as the Canadian Administrative Agent for the Lenders under this Agreement and the
other Credit Documents.

 

4

 

“Canadian Administrative Agent’s Office” shall mean the office of the Canadian
Administrative Agent located at c/o UBS AG, Stamford Branch, 677 Washington Boulevard, Stamford,
Connecticut 06901, or such other office as the Canadian Administrative Agent may hereafter
designate in writing as such to the other parties hereto.

“Canadian Adjusted Total Revolving Credit Commitment” shall mean, at any time, the
Canadian Total Revolving Credit Commitment less the aggregate Canadian Revolving Credit
Commitments of all Defaulting Lenders.

“Canadian Base Rate” shall mean, at any time, the annual rate of interest equal to the
greater of (a) the annual rate from time to time publicly announced by the Canadian Reference Bank
as its prime rate in effect for determining interest rates on Canadian Dollar denominated
commercial loans in Canada or (b) the annual rate of interest equal to the sum of the 30-day CDOR
Rate at such time plus 1% percent per annum.

“Canadian Base Rate Loans” shall mean each Loan bearing interest at the rate provided
in Section 2.8(a)(ii) and, in any event, shall include all Swingline Loans denominated in Canadian
Dollars.

“Canadian Borrowers” shall mean (a) Associated Materials Canada Limited, (b) Gentek
Canada Holdings Limited, (c) Gentek Building Products Limited Partnership and (d) any other Person
that at any time after the Closing Date becomes a Canadian Borrower pursuant to the terms of
Section 9.10.

“Canadian Borrowing Base” shall mean, as of any date, an amount equal to the sum at
such time of (without duplication):

(a) 85% multiplied by the book value of the Canadian Borrowers’ Eligible Accounts at
such time; plus

(b) 85% multiplied by the Net Orderly Liquidation Value Percentage of the Canadian
Borrowers’ Eligible Inventory; plus

(c) the Fixed Asset Loan Value of the Canadian Borrowers multiplied by the FALV
Amortization Factor; provided that in no event shall the amount calculated pursuant
to this clause (c) exceed $20.0 million, plus

(d) at the option of the Company, an amount not to exceed the amount, if any, by which
the US Borrowing Base at such time exceeds the US Total Revolving Credit Outstandings;
provided that, for purposes of determining Excess Availability and making other
determinations pursuant to this Agreement, amounts included pursuant to this clause (d) may
not be included in the US Borrowing Base,

in each case less (i) any Priority Payables and (ii) any Reserve established or modified
from time to time by the Canadian Administrative Agent and the Co-Collateral Agent in the exercise
of their Permitted Discretion in accordance with the provisions of Section 2.14.

The Canadian Borrowing Base at any time shall be determined by reference to the most recent
Borrowing Base Certificate theretofor delivered to the Canadian Administrative Agent and the
Co-Collateral Agent with such adjustments as the Canadian Administrative Agent and the
Co-Collateral Agent deem appropriate in their Permitted Discretion to assure that the Canadian
Borrowing Base is calculated in accordance with the terms of this Agreement.

“Canadian Collateral Agent” shall mean UBS AG Canada Branch, or any successor thereto
appointed in accordance with the provisions of Section 12.11, together with its affiliates, as the
Canadian Collateral Agent for the Secured Parties under this Agreement and the other Credit
Documents.

“Canadian Collection Account” shall have the meaning provided in Section 9.16(b)(i).

“Canadian Concentration Account” shall have the meaning provided in Section
9.16(b)(i).

“Canadian Concentration Account Bank” shall have the meaning provided in Section
9.16(b)(i).

“Canadian Credit Facility” shall mean the Canadian Revolving Credit Loans and Canadian
Letters of Credit provided to or for the benefit of the Canadian Borrowers pursuant to Sections 2
and 3 hereof.

“Canadian Credit Parties” shall mean the Canadian Borrowers and the Canadian
Guarantors; each sometimes being referred to individually as a “Canadian Credit Party”.

 

5

 

“Canadian Dollars” or “Cdn$” shall mean dollars in lawful currency of Canada.

“Canadian Excess Availability” shall mean an amount equal to the Canadian Maximum
Amount less the Canadian Total Revolving Credit Outstandings.

“Canadian Guarantee” shall mean the Guarantee, made by each Canadian Guarantor in
favor of the Canadian Collateral Agent for the benefit of the Secured Parties, substantially in the
form of Exhibit B-2.

“Canadian Guarantors” shall mean (a) each Canadian Subsidiary (other than an Excluded
Subsidiary) on the Closing Date, and (b) each Canadian Subsidiary (other than an Excluded
Subsidiary) that becomes a party to the Canadian Guarantee after the Closing Date pursuant to
Section 9.10.

“Canadian Intercompany Note” shall mean the Intercompany Subordinated Note, dated as
of the Closing Date, substantially in the form of Exhibit J-2 hereto executed by Holdings, the
Company and each other Restricted Subsidiary of the Company.

“Canadian Lender” shall mean, at any time, each Lender having a Canadian Revolving
Credit Commitment or holding a Canadian Revolving Credit Loan (or Canadian Letter of Credit
Exposure) made to any Canadian Borrower owing to it at such time; sometimes being referred to
herein collectively as “Canadian Lenders”.

“Canadian Letter of Credit” shall have the meaning provided in Section 3.1(a).

“Canadian Letter of Credit Exposure” shall mean, with respect to any Canadian Lender,
at any time, the sum of (a) the US Dollar Equivalent of the amount of any Canadian Unpaid Drawings
in respect of which such Canadian Lender has made (or is required to have made) Canadian Revolving
Credit Loans pursuant to Section 3.4(b) at such time and (b) such Canadian Lender’s Revolving
Credit Commitment Percentage of the Canadian Letters of Credit Outstanding at such time (excluding
the portion thereof consisting of Canadian Unpaid Drawings in respect of which the Canadian Lenders
have made (or are required to have made) Canadian Revolving Credit Loans pursuant to Section
3.4(b)).

“Canadian Letter of Credit Issuer” shall mean (a) UBS AG, Stamford Branch, (b) Wells
Fargo Bank, National Association for the Canadian Letters of Credit on Schedule 1.1(c) only, (c)
Deutsche Bank AG Canada Branch and (d) in each case, any one or more Persons who shall become a
Canadian Letter of Credit Issuer pursuant to Section 3.6. Any Canadian Letter of Credit Issuer
may, in its discretion, arrange for one or more Canadian Letters of Credit to be issued by
Affiliates of the Letter of Credit Issuer, and in each such case the term “Canadian Letter of
Credit Issuer” shall include any such Affiliate with respect to Canadian Letters of Credit issued
by such Affiliate. In the event that there is more than one Canadian Letter of Credit Issuer at
any time, references herein and in the other Credit Documents to the Canadian Letter of Credit
Issuer shall be deemed to refer to the Letter of Credit Issuer in respect of the applicable
Canadian Letter of Credit or to all Canadian Letter of Credit Issuers, as the context requires.
For the avoidance of doubt, Wells Fargo Bank, National Association will be under no obligation to
issue any Canadian Letters of Credit other than the Canadian Letters of Credit listed on Schedule
1.1(c).

“Canadian Letter of Credit Participants” shall have the meaning provided in Section
3.3(a).

“Canadian Letter of Credit Participation” shall have the meaning provided in Section
3.3(a).

“Canadian Letter of Credit Sub-Limit” shall mean $3,000,000, as the same may be
reduced from time to time pursuant to Section 4.2.

“Canadian Letters of Credit Outstanding” shall mean, at any time, the sum of, without
duplication, (a) the US Dollar Equivalent of the aggregate Stated Amount of all outstanding
Canadian Letters of Credit and (b) the US Dollar Equivalent of the aggregate amount of all Canadian
Unpaid Drawings in respect of all Canadian Letters of Credit.

“Canadian Maximum Amount” shall mean the lesser of (i) the US Dollar Equivalent of the
Canadian Borrowing Base in effect from time to time and (ii) the Canadian Total Revolving Credit
Commitment in effect from time to time.

 

6

 

“Canadian Obligations” shall mean the collective reference to:

(a) the due and punctual payment of (i) the principal of and premium, if any, and
interest at the applicable rate provided in this Agreement (including interest accruing
during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding,
regardless of whether allowed or allowable in such proceeding) on the Loans
made to the Canadian Borrowers, when and as due, whether at maturity, by acceleration,
upon one or more dates set for prepayment or otherwise, (ii) each payment required to be
made by a Canadian Borrower under this Agreement in respect of any Letter of Credit, when
and as due, including payments in respect of reimbursement of disbursements, interest
thereon and obligations to provide Cash Collateral, and (iii) all other monetary
obligations, including fees, costs, expenses and indemnities, whether primary, secondary,
direct, contingent, fixed or otherwise (including monetary obligations incurred during the
pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless
of whether allowed or allowable in such proceeding), of the Canadian Borrowers or any other
Canadian Credit Party to any of the Secured Parties under this Agreement and the other
Credit Documents,

(b) the due and punctual performance of all covenants, agreements, obligations and
liabilities of the Canadian Borrowers under or pursuant to this Agreement and the other
Credit Documents,

(c) the due and punctual payment and performance of all the covenants, agreements, and
liabilities of each Canadian Credit Party or any Restricted Subsidiary thereof under or
pursuant to this Agreement or the other Credit Documents,

(d) the due and punctual payment and performance of all Cash Management Obligations of
a Canadian Credit Party or any Restricted Subsidiary thereof under each Secured Cash
Management Agreement and

(e) the due and punctual payment and performance of all Hedging Obligations of a
Canadian Credit Party or any Restricted Subsidiary thereof under each Secured Hedging
Agreement.

Notwithstanding the foregoing, (i) the obligations of a Canadian Credit Party or any
Restricted Subsidiary thereof under any Secured Cash Management Agreement and Secured Hedging
Agreement shall be secured and guaranteed pursuant to the Security Documents and the Guarantees
only to the extent that, and for so long as, the other Canadian Obligations are so secured and
guaranteed and (ii) any release of Collateral or Guarantors effected in the manner permitted by
this Agreement and the other Credit Document shall not require the consent of the holders of the
Cash Management Obligations under Secured Cash Management Agreements or the consent of the holders
of the Hedging Obligations under Secured Hedging Agreements.

“Canadian Pension Plan” shall mean each pension plan required to be registered under
Canadian federal or provincial law which is maintained or contributed to by, or to which there is
or may be an obligation to contribute by, any Borrower or Guarantor in respect of any Person’s
employment in Canada with such Borrower or Guarantor, but does not include the Canada Pension Plan
or the Quebec Pension Plan as maintained by the Government of Canada or the Province of Quebec,
respectively. 

“Canadian Permitted Liens” shall mean:

(a) the reservations, limitations, provisos and conditions expressed in any original
grants from Her Majesty the Queen in Right of Canada, her agency or authority, in respect of
real or immoveable property;

(b) Purchase Money Security Interests (as defined in the PPSA);

(c) unregistered Liens, charges, claims, security interests or other encumbrances of
any nature claimed or held by Her Majesty the Queen in Right of Canada, her agency or
authority, any province, any municipality or any political subdivision thereof, under or
pursuant to any Applicable Law, other than unregistered Liens for public utilities and
realty taxes, workplace safety payments, payroll, health care, income and other similar
taxes which are due and payable;

(d) the exceptions and qualifications contained in paragraphs 6 and 7 of Section 44(1)
of the Land Titles Act (Ontario), other than paragraphs 1, 2, 3, 4 and 11 thereof.

“Canadian Permitted Overadvance” shall have the meaning provided in Section
2.1(d).

“Canadian Pledge Agreement — Canadian Credit Parties” shall mean the Canadian Pledge
Agreement, entered into by the Canadian Borrowers, the other pledgors party thereto and the
Canadian Collateral Agent for the benefit of the Secured Parties, substantially in the form of
Exhibit E-4.

 

7

 

“Canadian
Pledge Agreement - US Credit Parties” shall mean the Canadian Pledge
Agreement, entered into by Gentek Building Products, Inc. and the US Collateral Agent for the
benefit of the Secured Parties, subtantially in the form of Exhibit E-5.

“Canadian Reference Bank” shall mean Toronto Dominion Bank (Toronto).

“Canadian Revolving Credit Commitment” shall mean (a) with respect to each Lender that
is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule
1.1(a) as such Lender’s “Canadian Revolving Credit Commitment”, (b) in the case of any Lender that
becomes a Lender after the date hereof, the amount specified as such Lender’s “Canadian Revolving
Credit Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion
of the Canadian Total Revolving Credit Commitment and (c) in the case of any Lender that increases
its Canadian Revolving Credit Commitment or becomes a New Canadian Revolving Credit Lender, in each
case pursuant to Section 2.15 the amount specified in the applicable Joinder Agreement, in each
case as such Canadian Revolving Credit Commitment may be reduced or increased from time to time as
permitted hereunder. The aggregate amount of the Canadian Revolving Credit Commitments as of the
date hereof is $75,000,000.

“Canadian Revolving Credit Exposure” shall mean, with respect to any Canadian Lender
at any time, the sum of (a) the aggregate principal amount of the Canadian Revolving Credit Loans
of such Canadian Lender then outstanding and (b) such Canadian Lender’s Canadian Letter of Credit
Exposure at such time.

“Canadian Revolving Credit Loan” shall have the meaning provided in Section
2.1(a)(ii).

“Canadian Security Agreement” shall mean the collective reference to (a) the Canadian
Security Agreement, entered into by the Canadian Borrowers, the other grantors party thereto and
the Canadian Collateral Agent for the benefit of the Secured Parties, substantially in the form of
Exhibit E-2, and (b) any Deed of Hypothec, Bond and Pledge referred to in Section 12.1.

“Canadian Subsidiary” shall mean each Subsidiary of the Company that is organized
under the Applicable Laws of Canada or any province or territory thereof.

“Canadian Swingline Commitment” shall mean $3,000,000.

“Canadian Swingline Exposure” shall mean, with respect to any Canadian Lender, at any
time, such Canadian Lender’s Canadian Revolving Credit Commitment Percentage of the Canadian
Swingline Loans outstanding at such time.

“Canadian Swingline Loan” shall have the meaning provided in Section 2.1(c).

“Canadian Total Revolving Credit Commitment” shall mean the sum of the Canadian
Revolving Credit Commitments of all the Canadian Lenders.

“Canadian Total Revolving Credit Outstandings” shall mean, at any date, the sum of all
Canadian Lenders’ Canadian Revolving Credit Exposure and Canadian Swingline Exposure.

“Canadian Unpaid Drawings” shall have the meaning provided in Section 3.4(b).

“Capital Expenditures” shall mean, for any period, the aggregate of, without
duplication, (a) all expenditures paid in cash by the Company and its Restricted Subsidiaries
during such period that, in conformity with GAAP, are or are required to be included as additions
during such period to property, plant or equipment reflected in the consolidated balance sheet of
the Company and its Restricted Subsidiaries and (b) all fixed asset additions financed through
Capitalized Lease Obligations incurred by the Company and its Restricted Subsidiaries and recorded
on the balance sheet in accordance with GAAP during such period; provided that the term
“Capital Expenditures” shall not include:

(i) expenditures made in connection with the replacement, substitution, restoration or
repair of assets to the extent financed from insurance proceeds or compensation awards paid
on account of a Recovery Event,

(ii) the purchase price of equipment that is purchased simultaneously with the trade-in
of existing equipment to the extent that the gross amount of such purchase price is reduced
by the credit granted by the seller of such equipment for the equipment being traded in at
such time,

 

8

 

(iii) the purchase of plant, property or equipment to the extent financed with the
proceeds of Dispositions,

(iv) expenditures that constitute any part of Consolidated Lease Expense,

(v) expenditures that are accounted for as capital expenditures by the Company or any
Restricted Subsidiary and that actually are paid for by a Person other than the Company or
any Restricted Subsidiary and for which neither the Company nor any Restricted Subsidiary
has provided or is required to provide or incur, directly or indirectly, any consideration
or obligation to such Person or any other Person (whether before, during or after such
period, it being understood, however, that only the amount of expenditures actually provided
or incurred by the Company or any Restricted Subsidiary in such period and not the amount
required to be provided or incurred in any future period shall constitute “Capital
Expenditures” in the applicable period),

(vi) the book value of any asset owned by the Company or any Restricted Subsidiary
prior to or during such period to the extent that such book value is included as a capital
expenditure during such period as a result of such Person reusing or beginning to reuse such
asset during such period without a corresponding expenditure actually having been made in
such period; provided that (x) any expenditure necessary in order to permit such
asset to be reused shall be included as a Capital Expenditure during the period in which
such expenditure actually is made and (y) such book value shall have been included in
Capital Expenditures when such asset was originally acquired,

(vii) any expenditures that constitute Permitted Acquisitions (or transaction similar
to Permitted Acquisitions that are Investments permitted by the Credit Documents) and
expenditures made in connection with the Transactions or

(viii) any capitalized interest and internal costs reflected as additions to property,
plant or equipment in the consolidated balance sheet of the Company and its Restricted
Subsidiaries for such period.

“Capital Stock” shall mean any and all shares, interests, participations or other
equivalents (however designated) of capital stock of a corporation, any and all equivalent
ownership interests in a Person (other than a corporation) and including membership interests and
partnership interests.

“Capitalized Lease Obligations” shall mean, as applied to any Person, all obligations
under Capitalized Leases of such Person or any of its Subsidiaries, in each case taken at the
amount thereof accounted for as liabilities in accordance with GAAP; provided that
obligations that are recharacterized as Capitalized Lease Obligations due to a change in GAAP after
the Closing Date shall not be treated as Capitalized Lease Obligations for any purposes under this
Agreement.

“Capitalized Leases” shall mean, as applied to any Person, all leases of property that
have been or should be, in accordance with GAAP, recorded as capitalized leases of such Person;
provided that leases that are recharacterized as Capitalized Leases due to a change in GAAP
after the Closing Date shall not be treated as Capitalized Leases for any purposes under this
Agreement.

“Cash Collateral Account” shall mean a deposit account or securities account in the
name of any Borrower or any Guarantor and under the sole control (as defined in the applicable UCC
or PPSA) of the US Collateral Agent or Canadian Collateral Agent, as applicable, for the benefit of
the Secured Parties.

“Cash Collateralize” shall have the meaning provided in Section 3.7.

“Cash Dominion Event” shall mean the occurrence of either of the following events: (a)
the Excess Availability is (for a period of five consecutive Business Days) less than the greater
of (1) $20.0 million and (2) 12.5% of the sum of (x) the lesser of (I) the US Total Revolving
Credit Commitment at such time and (II) the then-applicable US Borrowing Base and (y) the lesser of
(I) the Canadian Total Revolving Credit Commitment at such time and (II) the then applicable
Canadian Borrowing Base or (b) an Event of Default shall occur and be continuing; provided
that, to the extent that the Cash Dominion Event has occurred due to clause (a) of this definition,
the Cash Dominion Event shall be deemed to be over if Excess Availability shall be equal to or
greater than (1) $20.0 million and (2) 12.5% of the sum of (x) the lesser of (I) the US Total
Revolving Credit Commitment at such time and (II) the then-applicable US Borrowing Base and (y) the
lesser of (I) the aggregate Canadian Total Revolving Credit Commitment at such time and (II) the
then applicable Canadian Borrowing Base for at least 30 consecutive days and, to the extent that
the Cash Dominion Event has occurred due to clause (b) of this definition the Cash Dominion Event
shall be deemed to be over on the date on which such Event of Default is cured or waived or
otherwise ceases to exist. At any time that a Cash Dominion Event shall be deemed to be over or
otherwise cease to exist, the US Collateral Agent and the Canadian Collateral Agent, as applicable,
shall take such actions, including delivering such notices and directions to depositary
institutions
at which Blocked Accounts are established, to terminate the cash sweeps and other transfers
existing pursuant to Section 2.5(b) as a result of any Activation Notice or other notices or
directions given by US Collateral Agent or the Canadian Collateral Agent, as applicable, during the
continuance of such Cash Dominion Event.

 

9

 

“Cash Management Agreement” shall mean any agreement entered into from time to time by
the Company or one of its Restricted Subsidiaries in connection with cash management services for
collections, other Cash Management Services and for operating, payroll and trust accounts of such
Person, including automatic clearing house services, controlled disbursement services, electronic
funds transfer services, information reporting services, lockbox services, stop payment services
and wire transfer services.

“Cash Management Bank” shall mean any Person that is a Lender, an Agent or an
Affiliate of a Lender or an Agent at the time it provides any Cash Management Services or that is a
Lender, an Agent or an Affiliate of a Lender or an Agent at any time after it has provided any Cash
Management Services.

“Cash Management Obligations” shall mean obligations owed by Holdings, the Borrowers
or any Guarantor to any Cash Management Bank in connection with, or in respect of, any Cash
Management Services.

“Cash Management Services” shall mean (a) commercial credit cards, merchant card
services, purchase or debit cards, including non-card e-payables services, (b) treasury management
services (including controlled disbursement, overdraft automatic clearing house fund transfer
services, return items and interstate depository network services) and (c) any other demand deposit
or operating account relationships or other cash management services, including under Cash
Management Agreements.

“Cash Management Systems” shall have the meaning provided in Section 9.16(b).

“CDN Dollar Equivalent” shall mean, at any time, as to any amount denominated in US
Dollars, the equivalent amount in Canadian Dollars based on the Exchange Rate in effect on the
Business Day of determination.

“CDOR Rate” shall mean, on any day, the annual rate of interest which is the rate
equal to the average rate for 30 day Canadian Dollar bankers’ acceptances issued on such day for a
term equal or comparable for the purpose of calculating the interest rate applicable as such rate
appears on the “Reuters Screen CDOR Page” (as defined in the International Swaps and Derivatives
Association, Inc. 2006 definitions, as modified and amended from time to time) rounded to the
nearest 1/100th of 1% (with 0.005% being rounded up), as of 10:00 a.m. on such day, or if such day
is not a Business Day, then on the immediately preceding Business Day; provided that if
such rate does not appear on the Reuters Screen CDOR Page as contemplated, then the CDOR Rate on
any day shall be the average of the rates applicable to 30 day Canadian Dollar bankers’ acceptances
quoted by banks listed in Schedule I of the Bank Act (Canada) of 10:00 a.m. on such day, or if such
day is not a Business Day, then on the immediately preceding Business Day.

“CDOR Rate Loan” shall mean each Loan bearing interest determined by reference to the
CDOR Rate.

“Change” shall have the meaning provided for in Section 2.14.

“Change of Control” shall mean and be deemed to have occurred if

(a) (i) at any time prior to a Qualifying IPO, the Permitted Holders shall at any time
cease to have the power to vote or direct the voting of Capital Stock having at least 35% of
the ordinary voting power for the election of directors of Holdings and/or (ii) at any time
on and after a Qualifying IPO, any Person, entity or “group” (within the meaning of Section
13(d) or 14(d) of the Exchange Act, but excluding any employee benefit plan of such Person,
entity or “group” and its Subsidiaries and any Person or entity acting in its capacity as
trustee, agent or other fiduciary or administrator of any such plan), other than the
Permitted Holders (or any holding company parent of Holdings owned directly or indirectly by
the Permitted Holders), shall at any time have acquired direct or indirect beneficial
ownership (as defined in Rules 13(d)-3 and 13(d)-5 under the Exchange Act) of Capital Stock
having the power to vote or direct the voting of such Capital Stock having more than the
greater of (A) 35% of the ordinary voting power for the election of directors of Holdings
and (B) the percentage of the ordinary voting power for the election of directors of
Holdings owned in the aggregate, directly or indirectly, beneficially, by the Permitted
Holders, unless in the case of either clause (i) or (ii) above, the Permitted Holders have,
at such time, the right or the ability by voting power, contract or otherwise to elect or
designate for election at least a majority of the Board of Directors of Holdings; and/or

(b) at any time Continuing Directors shall not constitute at least a majority of the
Board of Directors of Holdings; and/or

 

10

 

(c) any Person other than Holdings shall acquire direct ownership, beneficially or of
record, of any Capital Stock of the Borrower; and/or

(d) a “change of control” or any comparable term under, and as defined in, the Senior
Secured Notes Indenture (or in the documentation governing any Permitted Refinancing
Indebtedness incurred to Refinance such Indebtedness) shall have occurred.

“Claim” shall have the meaning provided in the definition of the term “Environmental
Claims”.

“Class”, when used in reference to any Loan or Borrowing, shall refer to whether such
Loan, or the Loans comprising such Borrowing, are US Revolving Credit Loans, Canadian Revolving
Credit Loans, Extended US Revolving Credit Loans (of the same Extension Series), Extended Canadian
Revolving Credit Loans (of the same Extension Series) or Swingline Loans or Permitted Overadvances
and, when used in reference to any Commitment, refers to whether such Commitment is a US Revolving
Credit Commitment, Canadian Revolving Credit Commitment, an Extended US Revolving Credit Commitment
(of the same Extension Series), an Extended Canadian Revolving Credit Commitment (of the same
Extension Series) or a Swingline Commitment.

“Closing Date” shall mean the date of the initial Credit Event hereunder, which date
was October 13, 2010.

“Closing Date Indebtedness” shall mean Indebtedness described on Schedule 10.1.

“Co-Collateral Agent” shall mean Wells Fargo Capital Finance, LLC, or any successor
thereto appointed in accordance with the provisions of Section 12.11, together with its affiliates,
as the co-collateral agent for the Secured Parties under this Agreement and the other Credit
Documents.

“Co-Collateral Agent Fee Letter ” shall mean the fee letter, dated the Closing Date,
addressed to the Company from the Co-Collateral Agent and accepted by the Company on October 13,
2010, with respect to certain fees to be paid from time to time to the Co-Collateral Agent.

“Co-Syndication Agents ” shall mean each of Deutsche Bank Securities Inc. and Wells
Fargo Capital Finance, LLC.

“Code” shall mean the Internal Revenue Code of 1986, as amended from time to time, and
the regulations promulgated and rulings issued thereunder. Section references to the Code are to
the Code, as in effect at the date of this Agreement, and any subsequent provisions of the Code,
amendatory thereof, supplemental thereto or substituted therefor.

“Collateral” shall have the meaning provided to such term in each of the Security
Documents.

“Collateral Access Agreement” shall mean a landlord waiver, bailee letter or any other
agreement reasonably requested by and reasonably acceptable to the US Administrative Agent or the
Canadian Administrative Agent, as applicable, and the Co-Collateral Agent, as the case may be.

“Collateral Agents” shall mean the US Collateral Agent and/or the Canadian Collateral
Agent, as context may require.

“Commitment” shall mean, with respect to each Lender, such Lender’s Revolving Credit
Commitment or Swingline Commitment.

“Commitment Fee” shall have the meaning provided in Section 4.1(a).

 

11

 

“Commitment Fee Rate” shall mean, the applicable rate per annum set forth below based
upon the Average Revolving Credit Loan Utilization as of the most recent Adjustment Date:

	 	 	 	 	 
	Average Revolving Credit Loan Utilization	 	Commitment Fee Rate	 
	Less than or equal to 50%
	 	 	0.50	%
	 
	 	 	 	 
	Greater than 50%
	 	 	0.375	%

The Commitment Fee Rate shall be adjusted quarterly on each Adjustment Date based upon the Average
Revolving Credit Loan Utilization in accordance with the table above; provided that, at the
option of the Required Lenders, the highest level of Commitment Fee Rate shall apply (a) as of the
first Business Day after the date on which Section 9.1 Financials were required to have been
delivered but have not been delivered pursuant to Section 9.1 and shall continue to so apply to and
including the date on which such Section 9.1 Financials are so delivered (and thereafter the
Commitment Fee Rate otherwise determined in accordance with this definition shall apply), and (b)
as of the first Business Day after an Event of Default shall have occurred and be continuing and
the US Administrative Agent or Canadian Administrative Agent has notified that the highest
Commitment Fee Rate applies, and shall continue to so apply to but excluding the date on which such
Event of Default shall cease to be continuing (and thereafter the Commitment Fee Rate otherwise
determined in accordance with this definition shall apply)).

“Company” shall have the meaning provided in the preamble to this Agreement.

“Company Material Adverse Effect” shall have the meaning given to such term in the
Purchase Agreement.

“Confidential Information Memorandum” shall mean the Confidential Information
Memorandum of the Borrowers dated September 2010 delivered to prospective lenders in connection
with this Agreement.

“Consolidated EBITDA” shall mean, for any period, the Consolidated Net Income for such
period, plus:

(a) without duplication and to the extent already deducted (and not added back) in
arriving at such Consolidated Net Income, the sum of the following amounts for such period:

(i) total interest expense and, to the extent not reflected in such total
interest expense, any losses on Hedging Obligations or other derivative instruments
entered into for the purpose of hedging interest rate risk, net of interest income
(other than interest income on aged Accounts from customers that is otherwise
included in Consolidated Net Income) and gains on such Hedging Obligations or such
derivative instruments, and bank and letter of credit fees and costs of surety bonds
in connection with financing activities,

(ii) provision for taxes based on income, profits or capital, including
federal, foreign, state, franchise, excise, and similar taxes paid or accrued during
such period,

(iii) depreciation and amortization (including amortization of intangible
assets established through purchase accounting and amortization of deferred
financing fees or costs),

(iv) Non-Cash Charges,

(v) extraordinary losses in accordance with GAAP,

(vi) unusual or non-recurring charges (including any unusual or non-recurring
operating expenses directly attributable to the implementation of cost savings
initiatives), severance costs, relocation costs, integration and facilities’ opening
costs, signing costs, retention or completion bonuses, transition costs and costs
related to closure/consolidation of facilities,

(vii) restructuring charges, accruals or reserves (including restructuring
costs related to acquisitions before and after the Closing Date),

(viii) the amount of any minority interest expense (or income (loss) allocable
to non-controlling interests) consisting of Subsidiary income attributable to
minority equity interests of third parties in any non-wholly owned Subsidiary
deducted (and not added back in such period to Consolidated Net Income),

 

12

 

(ix) (A) the amount of management, monitoring, consulting and advisory fees
(including termination and transaction fees), indemnities and related expenses paid
or accrued in such period to (or on behalf of) the Sponsor and (B) the amount of
expenses relating to payments made to option holders of the Company or any of its
direct or indirect parent companies in connection with, or as a result of, any
distribution being made to shareholders of such Person or its direct or indirect
parent companies, which payments are being made to compensate such option holders as
though they were shareholders at the time of, and entitled to share in, such
distribution, in the case of each of clause (A) and (B) above to the extent
permitted in this Agreement,

(x) any losses attributable to asset Dispositions or abandonments (including
any disposal of abandoned or discontinued operations) or the sale or other
Disposition of any equity interests of any Person, other than in the ordinary course
of business,

(xi) the amount of “run rate” cost savings projected by the Company in
good faith to be realized as a result of actions taken or to be taken, in either
case, within 12 months after the Closing Date or 12 months after the consummation of
any acquisition, amalgamation, merger or operational change and prior to or during
such period (which cost savings shall be added to Consolidated EBITDA until fully
realized and calculated on a Pro Forma Basis as though such cost savings had been
realized on the first day of the relevant period), net of the amount of actual
benefits realized from such actions; provided that (A) such cost savings are
reasonably identifiable and quantifiable, (B) no cost savings shall be added
pursuant to this clause (xi) to the extent duplicative of any expenses or charges
relating to such cost savings that are included in clauses (vi) and (vii) above or
in the definition of the term “Pro Forma Adjustment” (provided that the
adjustments pursuant to this clause (xi) may be incremental to the “Pro Forma
Adjustment”) and (C) the aggregate amount of cost savings added pursuant to this
clause (xi), together with any restructuring charges, accruals or reserves added
back pursuant to clause (vii) above, shall not exceed 10% of Consolidated EBITDA for
any Test Period (it being understood and agreed that “run rate” shall mean
the full recurring benefit that is associated with any action taken);
provided that adjustments pursuant to this clause (xi) shall be independent
of any adjustments or projected cost savings reflected in the Consolidated EBITDA
amounts set forth in the last paragraph of this definition of “Consolidated EBITDA”.

(xii) the amount of any net losses from discontinued operations in accordance
with GAAP,

(xiii) any non-cash loss attributable to the mark to market movement in the
valuation of Hedging Obligations (including Hedging Obligations entered into for the
purpose of hedging against fluctuations in the price or availability of any
commodity) (to the extent the cash impact resulting from such loss has not been
realized) or other derivative instruments pursuant to Accounting Standards
Codification 815,

(xiv) any loss relating to amounts paid in cash prior to the stated settlement
date of any Hedging Obligation (including Hedging Obligations entered into for the
purpose of hedging against fluctuations in the price or availability of any
commodity) that has been reflected in Consolidated Net Income for such period,

(xv) any gain relating to Hedging Obligations (including Hedging Obligations
entered into for the purpose of hedging against fluctuations in the price or
availability of any commodity) associated with transactions realized in the current
period that has been reflected in Consolidated Net Income in prior periods and
excluded from Consolidated EBITDA pursuant to clauses (b)(v) and (b)(vi) below,

(xvi) cash receipts (or any netting arrangements resulting in reduced cash
expenses) not representing Consolidated EBITDA or Consolidated Net Income in any
period to the extent non-cash gains relating to such receipts were deducted in the
calculation of Consolidated EBITDA pursuant to paragraph (b) below for any previous
period and not added back,

(xvii) any expenses, charges or losses that are covered by indemnification or
other reimbursement provisions in connection with any Investment, acquisition or any
sale, conveyance, transfer or other Disposition of assets permitted under this
Agreement, to the extent actually reimbursed, or, so long as the Company has
received notification from the applicable carrier that it intends to indemnify or
reimburse such expenses, charges or losses and such amount is in fact indemnified or
reimbursed within 180 days of such notification, and

 

13

 

(xviii) to the extent covered by insurance and actually reimbursed, or, so long
as the Company has received notification from the insurer such amount will be
reimbursed by the insurer and only to the extent that such amount is in fact
reimbursed within 180 days of the date of such notification, expenses, charges or
losses with respect to liability or casualty events or business interruption;

less

(b) without duplication and to the extent included in arriving at such Consolidated Net
Income, the sum of the following amounts for such period:

(i) extraordinary gains and unusual or non-recurring gains,

(ii) non-cash gains (excluding any non-cash gain to the extent it represents
the reversal of an accrual or reserve for a potential cash item that reduced
Consolidated Net Income or Consolidated EBITDA in any prior period),

(iii) any gains attributable to asset Dispositions or abandonments (including
any disposal of abandoned or discontinued operations) or the sale or other
Disposition of any equity interests of any Person other than in the ordinary course
of business,

(iv) the amount of any net income from discontinued operations in accordance
with GAAP,

(v) any non-cash gain attributable to the mark to market movement in the
valuation of Hedging Obligations (including Hedging Obligations entered into for the
purpose of hedging against fluctuations in the price or availability of any
commodity) (to the extent the cash impact resulting from such gain has not been
realized) or other derivative instruments pursuant to Accounting Standards
Codification 815,

(vi) any gain relating to amounts received in cash prior to the stated
settlement date of any Hedging Obligation (including Hedging Obligations entered
into for the purpose of hedging against fluctuations in the price or availability of
any commodity) that has been reflected in Consolidated Net Income in the such
period,

(vii) any loss relating to Hedging Obligations (including Hedging Obligations
entered into for the purpose of hedging against fluctuations in the price or
availability of any commodity) associated with transactions realized in the current
period that has been reflected in Consolidated Net Income in prior periods and
excluded from Consolidated EBITDA pursuant to clauses (a)(xiii) and (a)(xiv) above;

(viii) the amount of any minority interest income (or income (loss) allocable
to non-controlling interest) consisting of Subsidiary loss attributable to minority
equity interests of third parties in any non-wholly owned Subsidiary added (and not
deducted in such period to Consolidated Net Income), and

(ix) cash expenses (or any netting arrangements resulting in increased cash
receipts) not deducted in arriving at the calculation of Consolidated EBITDA or
Consolidated Net Income in any period to the extent the non-cash losses relating to
such expenses were deducted in the calculation of Consolidated EBITDA pursuant to
paragraph (a) above for any previous period and not added back,

in each case, as determined on a consolidated basis for the Company and its Restricted Subsidiaries
in accordance with GAAP; provided that,

(i) to the extent included in Consolidated Net Income, there shall be excluded in
determining Consolidated EBITDA currency transaction gains and losses (including the net
loss or gain resulting from Hedging Agreements for currency exchange risk),

(ii) there shall be included in determining Consolidated EBITDA for any period, without
duplication, (A) the Acquired EBITDA of any Person, property, business or asset acquired by
the Company or any Restricted Subsidiary during such period (other than any Unrestricted
Subsidiary) to the extent not subsequently sold, transferred or otherwise Disposed of (but
not including the Acquired EBITDA of any related Person, property, business or assets to the
extent not so acquired) (each such Person, property, business or asset acquired, including
pursuant to the Transactions or pursuant to a transaction consummated prior to the Closing
Date, and not subsequently so Disposed of, an
“Acquired Entity or Business”), and the Acquired EBITDA of any Unrestricted
Subsidiary that is converted into a Restricted Subsidiary during such period (each, a
“Converted Restricted Subsidiary”), in each case based on the Acquired EBITDA of
such Pro Forma Entity for such period (including the portion thereof occurring prior to such
acquisition or conversion) determined on a historical Pro Forma Basis and (B) an adjustment
equal to the amount of the Pro Forma Adjustment for such period (including the portion
thereof occurring prior to such acquisition or conversion) as specified in the Pro Forma
Adjustment Certificate delivered to the US Administrative Agent (for further delivery to the
Lenders); and

 

14

 

(iii) there shall be excluded in determining Consolidated EBITDA for any period the
Disposed EBITDA of any Person, property, business or asset (other than any Unrestricted
Subsidiary) sold, transferred or otherwise disposed of, closed or classified as discontinued
operations by the Company or any Restricted Subsidiary during such period (each such Person,
property, business or asset so sold, transferred or otherwise disposed of, closed or
classified, a “Sold Entity or Business”), and the Disposed EBITDA of any Restricted
Subsidiary that is converted into an Unrestricted Subsidiary during such period (each, a
“Converted Unrestricted Subsidiary”), in each case based on the Disposed EBITDA of
such Sold Entity or Business or Converted Unrestricted Subsidiary for such period (including
the portion thereof occurring prior to such sale, transfer, disposition, closure,
classification or conversion) determined on a historical Pro Forma Basis.

Notwithstanding anything to the contrary contained herein and subject to adjustment as provided in
clauses (ii) and (iii) of the immediately preceding proviso with respect to acquisitions and
Dispositions occurring following the Closing Date and adjustments as provided under clauses
(a)(vii) and (a)(xi) above, Consolidated EBITDA shall be deemed to be $33,492,000, $8,789,000 and
$46,655,000, respectively, for the fiscal quarters ended January 2, 2010, April 3, 2010 and July 3,
2010.

“Consolidated Fixed Charges” shall mean for any period, the sum, determined on a
consolidated basis for the Company and its Restricted Subsidiaries and, without duplication, of (i)
Consolidated Interest Expense, (ii) the aggregate amount of scheduled payments of principal of
Consolidated Total Debt of the Company and its Restricted Subsidiaries made during such period
(other than payments made by the Company or any Subsidiary to the Company or a Subsidiary) and
(iii) any payments on account of Disqualified Capital Stock or Preferred Capital Stock (whether in
the nature of dividends, redemption, repurchase or otherwise) required to be made in such period.

“Consolidated Interest Expense” shall mean, for any period, the cash interest expense
paid during such period (including the interest component attributable to Capitalized Leases), net
of cash interest income (other than interest income on aged Accounts from customers that is
otherwise included in Consolidated Net Income), of the Company and its Restricted Subsidiaries,
determined on a consolidated basis in accordance with GAAP, with respect to all outstanding
Indebtedness of the Company and its Restricted Subsidiaries, including all commissions, discounts
and other fees and charges owed with respect to letters of credit and bankers’ acceptance financing
and net payments, if any, made (less net payments, if any, received) pursuant to obligations under
Hedging Agreements with respect to Indebtedness, but excluding, for the avoidance of doubt,

(i) amortization of deferred financing costs, debt issuance costs, commissions, fees
and expenses, pay-in-kind interest expense, the amortization of original issue discount
resulting from the issuance of Indebtedness below par and any other amounts of non-cash
interest (including as a result of the effects of purchase accounting),

(ii) the accretion or accrual of discounted liabilities during such period,

(iii) any interest in respect of items excluded from Indebtedness in the proviso to the
definition thereof,

(iv) non-cash interest expense attributable to the movement of the mark-to-market
valuation of obligations under Hedging Agreements or other derivative instruments pursuant
to Accounting Standards Codification 815,

(v) any one-time cash costs associated with breakage in respect of Hedging Agreements
for interest rates,

(vi) all additional interest or liquidated damages then owing pursuant to any
registration rights agreement and any comparable “additional interest” or liquidated damages
with respect to other securities designed to compensate the holders thereof for a failure to
publicly register such securities,

(vii) any expense resulting from the discounting of any Indebtedness in connection with
the application of recapitalization accounting or, if applicable, purchase accounting, and

(viii) any expensing of commitment and other financing fees.

 

15

 

“Consolidated Lease Expense” shall mean, for any period, all rental expenses of the
Company and the Restricted Subsidiaries during such period under operating leases for real or
personal property (including in connection with Permitted Sale Leasebacks), but excluding real
estate taxes, insurance costs and common area maintenance charges and net of sublease income;
provided that Consolidated Lease Expense shall not include (a) obligations under vehicle
leases entered into in the ordinary course of business, (b) all such rental expenses associated
with assets acquired pursuant to the Transactions and pursuant to a Permitted Acquisition or
transaction similar to Permitted Acquisitions that are Investments permitted by the Credit
Documents to the extent that such rental expenses relate to operating leases (i) in effect at the
time of (and immediately prior to) such acquisition and (ii) related to periods prior to such
acquisition, (c) Capitalized Lease Obligations and (d) the effects from applying recapitalization
accounting or, if applicable, purchase accounting, all as determined on a consolidated basis in
accordance with GAAP.

“Consolidated Net Income” shall mean, for any period, the consolidated net income (or
loss) of the Company and its Restricted Subsidiaries, determined on a consolidated basis in
accordance with GAAP; provided, however, that, without duplication,

(a) extraordinary items for such period shall be excluded;

(b) the cumulative effect of a change in accounting principles (effected either through
cumulative effect adjustment or a retroactive application, in each case, in accordance with
GAAP) and changes as a result of the adoption or modification of accounting policies during
such period shall be excluded;

(c) in the case of any period that includes a period ending prior to or during the
fiscal quarter ending October 1, 2011, Transaction Expenses shall be excluded;

(d) the Consolidated Net Income for such period of any Person that is not a Subsidiary
or is an Unrestricted Subsidiary or that is accounted for by the equity method of
accounting, shall be excluded; provided that Consolidated Net Income of the Company
shall be increased by the amount of dividends or distributions or other payments that are
actually paid in cash or Permitted Investments (or to the extent converted into cash or
Permitted Investments) to the Company or a Restricted Subsidiary thereof in respect of such
period and the net losses of any such Person shall only be included to the extent funded
with cash from the Company or any Restricted Subsidiary;

(e) effects of adjustments (including the effects of such adjustments pushed down to
the Company and its Restricted Subsidiaries) in the inventory, property and equipment,
software, goodwill, other intangible assets, in-process research and development, deferred
revenue, debt line items and other non-cash charges in the Company’s consolidated financial
statements pursuant to GAAP resulting from the application of recapitalization accounting
or, if applicable, purchase accounting in relation to the Transactions or any consummated
acquisition or the amortization or write-off of any amounts thereof shall be excluded;

(f) any Non-Cash Compensation Expense, including any such charge or expense arising
from the grants of stock appreciation or similar rights, stock options, restricted stock or
other rights or equity incentive programs shall be excluded, and any cash charges associated
with the rollover, acceleration, or payout of equity interests by management of the Company
or any of its direct or indirect parent companies in connection with the Transactions, shall
be excluded;

(g) any fees, expenses or charges incurred during such period, or any amortization
thereof for such period, in connection with any acquisition, sale or Disposition,
recapitalization, investment, issuance, incurrence or repayment of Indebtedness, issuance of
Capital Stock, refinancing transaction or amendment or modification of any debt instrument
(in each case, including any such transaction consummated prior to the Closing Date and any
such transaction undertaken but not completed) and any charges or non-recurring merger costs
incurred during such period as a result of any such transaction, in each case, whether or
not successful, shall be excluded;

(h) any income (loss) for such period attributable to the early extinguishment of
Indebtedness, Hedging Agreements or other derivative instruments shall be excluded;

(i) accruals and reserves that are established or adjusted within twelve months after
the Closing Date that are so required to be established or adjusted as a result of the
Transactions (or within twelve months after the closing of any acquisition that are so
required to be established as a result of such acquisition) in accordance with GAAP shall be
excluded;

 

16

 

(j) any net unrealized gain or loss (after any offset) resulting in such period from
currency translation and transaction gains or losses including those related to currency
remeasurements of Indebtedness (including any net loss or gain resulting from hedge
obligations for currency exchange risk) and any other monetary assets and liabilities shall
be excluded; and

(k) effects of adjustments to accruals and reserves during a prior period relating to
any change in the methodology of calculating reserves for returns, rebates and other
chargebacks (including government program rebates) shall be excluded.

There shall be included in Consolidated Net Income, without duplication, the amount of any cash tax
benefits related to the tax amortization of intangible assets in such period. In addition, to the
extent not already included in the Consolidated Net Income of the Company and its Restricted
Subsidiaries, notwithstanding anything to the contrary in the foregoing, Consolidated Net Income
shall include the amount of proceeds received from business interruption insurance and
reimbursements of any expenses and charges that are covered by indemnification or other
reimbursement provisions in connection with any Investment or any sale, conveyance, transfer or
other Disposition of assets permitted under this Agreement.

“Consolidated Secured Indebtedness” shall mean, as of any date of determination,
Consolidated Total Debt that is secured by a Lien on any assets of the Company and its Restricted
Subsidiaries.

“Consolidated Total Assets” shall mean, as of any date of determination, the total
amount of all assets of the Company and its Restricted Subsidiaries, determined on a consolidated
basis in accordance with GAAP as of such date.

“Consolidated Total Debt” shall mean, as of any date of determination, (a) the
aggregate principal amount of indebtedness of the Company and its Restricted Subsidiaries
outstanding on such date, determined on a consolidated basis in accordance with GAAP (but excluding
the effects of any discounting of indebtedness resulting from the application of purchase
accounting in connection with the Transactions or any Permitted Acquisition or any similar
Investments), consisting of indebtedness for borrowed money, Capitalized Lease Obligations and debt
obligations evidenced by promissory notes or similar instruments, minus (b) the aggregate
amount of cash and Permitted Investments (in each case, free and clear of all Liens, other than
Permitted Liens and other non-consensual Liens permitted by Section 10.2, Liens permitted under
Sections 10.2(a), 10.2(g), 10.2(h), 10.2(j) and 10.2(m) and Liens permitted under clauses (i) and
(ii) of Section 10.2(n)), excluding cash and Permitted Investments which are listed as “restricted”
on the consolidated balance sheet of the Company and its Restricted Subsidiaries as of such date.

“Continuing Director” shall mean, at any date, an individual (a) who is a member of
the Board of Directors of Holdings on the Closing Date, (b) who, as at such date, has been a member
of such Board of Directors for at least the 12 preceding months, (c) who has been nominated,
elected or designated to be a member of such Board of Directors, directly or indirectly, by the
Permitted Holders or Persons nominated, elected or designated by the Permitted Holders or (d) who
has been nominated to be a member of such Board of Directors by a majority of the other Continuing
Directors then in office.

“Contractual Obligation” shall mean, 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 other than the Obligations.

“Control” shall mean 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. The terms “Controlling” and
“Controlled” have meanings correlative thereto.

“Control Agreement” shall mean a Deposit Account Control Agreement or a Securities
Account Control Agreement.

“Converted Restricted Subsidiary” shall have the meaning provided in the definition of
the term “Consolidated EBITDA”.

“Converted Unrestricted Subsidiary” shall have the meaning provided in the definition
of the term “Consolidated EBITDA”.

“Credit Documents” shall mean this Agreement, the Security Documents, the Guarantees,
the Intercreditor Agreement, the Fee Letter, the Administrative Agent Fee Letter and the
Co-Collateral Agent Fee Letter, each Letter of Credit and any promissory notes issued by the
Borrowers hereunder.

 

17

 

“Credit Event” shall mean and include the making (but not the conversion or
continuation) of a Loan or the issuance, amendment or extension of a Letter of Credit (including an
Auto-Extension Letter of Credit).

“Credit Facilities” shall mean, collectively, the US Credit Facility and the Canadian
Credit Facility; each sometimes referred to as a “Credit Facility”.

“Credit Party” shall mean each of the Canadian Credit Parties and each of the US
Credit Parties.

“Cure Amount” shall have the meaning provided in Section 11.11(a).

“Cure Right” shall have the meaning provided in Section 11.11(a).

“Currency” shall mean US Dollars or Canadian Dollars.

“Default” shall mean any event, act or condition that with notice or lapse of time, or
both, would constitute an Event of Default.

“Defaulting Lender” shall mean any Lender whose acts or failure to act, whether
directly or indirectly, cause it to meet any part of the definition of “Lender Default.”

“Deposit Account Control Agreement” shall have the meaning provided in the Security
Agreement.

“Designated Disbursement Account” shall have the meaning provided in Section
9.16(b)(iv).

“Designated Non-Cash Consideration” shall mean the Fair Market Value of non-cash
consideration received by the Company or a Restricted Subsidiary in connection with a Disposition
pursuant to Section 10.4(c) that is designated as Designated Non-Cash Consideration pursuant to a
certificate of an Authorized Officer of the Company, setting forth the basis of such valuation
(which amount will be reduced by the Fair Market Value of the portion of the non-cash consideration
converted to cash within 180 days following the consummation of the applicable Disposition).

“Discharge of Notes Obligations” shall have the meaning provided in the Intercreditor
Agreement.

“Disclosed Documents” shall mean collectively the Confidential Information Memorandum,
the Inventory Appraisal, the field examinations and collateral audits conducted prior to the
Closing Date and the documents posted on Intralinks regarding the Target and its Subsidiaries on or
prior to September 8, 2010.

“Disposed EBITDA” shall mean, with respect to any Sold Entity or Business or Converted
Unrestricted Subsidiary for any period, the amount for such period of Consolidated EBITDA of such
Sold Entity or Business or Converted Unrestricted Subsidiary (determined as if references to the
Company and its Restricted Subsidiaries in the definition of the term “Consolidated EBITDA”
(and in the component financial definitions used therein) were references to such Sold Entity or
Business and its Subsidiaries or to Converted Unrestricted Subsidiary and its Subsidiaries), all as
determined on a consolidated basis for such Sold Entity or Business.

“Disposition” shall have the meaning provided in Section 10.4. The term
“Disposed” will have a correlative meaning.

“Disqualified Capital Stock” shall mean any Capital Stock that, by its terms (or by
the terms of any security or other Capital Stock into which it is convertible or for which it is
putable or exchangeable) or upon the happening of any event or condition, (a) matures or is
mandatorily redeemable (other than solely for Qualified Capital Stock) pursuant to a sinking fund
obligation or otherwise, other than as a result of a change of control or asset sale so long as any
rights of the holders thereof upon the occurrence of a change of control or asset sale event shall
be subject to the prior repayment in full of the Loans and all other Obligations (other than Cash
Management Obligations under Secured Cash Management Agreements, Hedging Obligations under Secured
Hedging Agreements or contingent indemnification obligations) or (b) is redeemable or exchangeable
at the option of the holder thereof (other than solely for Qualified Capital Stock), other than as
a result of a change of control or asset sale so long as any rights of the holders thereof upon the
occurrence of a change of control or asset sale event shall be subject to the prior repayment in
full of the Loans and all other Obligations (other than Cash Management Obligations under Secured
Cash Management Agreements, Hedging Obligations under Secured Hedge Agreements or contingent
indemnification obligations), in whole or in part or (c) provides for the scheduled payment of
dividends in cash, in each case prior to the date that is ninety-one (91) days after the Revolving
Credit Maturity Date at the time of the issuance of such Capital Stock; provided that if
such Capital
Stock is issued pursuant to any plan for the benefit of employees of Holdings (or any direct
or indirect parent thereof), the Company or any of its Subsidiaries or by any such plan to such
employees, such Capital Stock shall not constitute Disqualified Capital Stock solely because it may
be required to be repurchased by Holdings (or any direct or indirect parent company thereof), the
Company or any of its respective Subsidiaries in order to satisfy applicable statutory or
regulatory obligations.

 

18

 

“Distressed Person” shall have the meaning provided in the definition of the term
“Lender-Related Distressed Event.”

“Dividends” shall have the meaning provided in Section 10.6.

“Dollars”, “$” and “US Dollars” shall mean dollars in lawful currency
of the United States of America.

“Domestic Subsidiary” shall mean each Subsidiary of the Company that is organized
under the Applicable Laws of the United States, any state thereof, or the District of Columbia.

“Drawing” shall have the meaning provided in Section 3.4(c).

“E-Fax” shall mean any system used to receive or transmit faxes electronically.

“Eligible Accounts” shall mean at any date of determination, the aggregate amount of
all Accounts of the Borrowers that are not ineligible for inclusion in the calculation of the US
Borrowing Base or the Canadian Borrowing Base pursuant to any of clauses (a) through (v) below.
Eligible Accounts shall not include, without duplication, any Account of any Borrower:

(a) that does not arise from the sale of goods or the performance of services by such
Borrower in the ordinary course of its business;

(b) (i) upon which such Borrower’s right to receive payment is not absolute or is
contingent upon the fulfillment of any condition whatsoever, (ii) as to which such Borrower
is not able to bring suit or otherwise enforce its remedies against the Account Debtor
through judicial process, or (iii) if the Account represents a progress billing consisting
of an invoice for goods sold or used or services rendered pursuant to a contract under which
the Account Debtor’s obligation to pay that invoice is subject to such Borrower’s completion
of further performance under such contract or is subject to the equitable lien of a surety
bond issuer;

(c) with respect to which the Account Debtor is a creditor of any Borrower or any
Subsidiary of any Borrower, has or has asserted any defense, counterclaim, right of setoff
or has disputed its obligation to pay all or any portion of the Account, but only to the
extent of such defense, claim, counterclaim, right of setoff or dispute, unless (i) the US
Administrative Agent or Canadian Administrative Agent, as applicable, and the Co-Collateral
Agent, in their Permitted Discretion, has established an appropriate Reserve and determines
to include such Account as Eligible Account or (ii) such Account Debtor has entered into an
agreement reasonably acceptable to the US Administrative Agent or Canadian Administrative
Agent, as applicable, and the Co-Collateral Agent to waive such rights;

(d) that comprises finance charges;

(e) that is not a true and correct statement of bona fide indebtedness incurred in the
amount of the Account for merchandise sold to or services rendered and accepted by the
applicable Account Debtor,

(f) with respect to which an invoice, reasonably acceptable to the US Administrative
Agent or Canadian Administrative Agent, as applicable, and the Co-Collateral Agent in form
and substance (or otherwise in the form required by any Account Party), has not been sent to
the applicable Account Debtor;

(g) that (i) is not owned by a Borrower or (ii) as to which the US Collateral Agent’s
Lien or Canadian Collateral Agent’s Lien, as applicable, on behalf of itself and the Secured
Parties, is not a first priority perfected Lien or is subject to any Lien of any other
Person, other than (A) Liens in favor of the US Collateral Agent or Canadian Collateral
Agent, on behalf of itself and the Secured Parties or Note Liens or (B) Liens permitted by
Section 10.2 for so long as such Liens do not have priority over the Lien of the Collateral
Agents and, in the case of Liens permitted pursuant to Section 10.2(g) or Section 10.2(w),
the holders of the obligations secured by such Liens (or a representative or trustee on
their behalf) shall have entered into the Intercreditor Agreement or another intercreditor
agreement reasonably satisfactory to the US Administrative Agent and the Company providing that the Liens on such
Accounts securing such obligations shall rank junior to the Liens securing the Obligations;

 

19

 

(h) that arises from a sale to any director, officer, other employee or Affiliate of
any Borrower;

(i) that is the obligation of an Account Debtor that is the United States or Canadian
government or a political subdivision thereof, or any state, province, territory, county or
municipality or department, agency or instrumentality thereof unless such Borrower has
complied with respect to such obligation with the Federal Assignment of Claims Act of 1940,
the Financial Administration Act (Canada) or any applicable state, county or municipal law
restricting the assignment thereof with respect to such obligation, in each case to the US
Administrative Agent’s or Canadian Administrative Agent’s, as applicable, and the
Co-Collateral Agent’s reasonable satisfaction;

(j) that is the obligation of an Account Debtor whose chief executive office is not in
the United States or Canada or who is not organized under the laws of the United States, any
state or territory thereof, Canada or any province or territory thereof unless payment
thereof is assured by a letter of credit or other credit support, reasonably satisfactory to
the US Administrative Agent or Canadian Administrative Agent, as applicable, and the
Co-Collateral Agent as to form, amount and issuer and delivered to the US Administrative
Agent or Canadian Administrative Agent, as applicable; provided that up to
$1,000,000 (or the CDN Dollar Equivalent thereof) of such Accounts outstanding at any time
that are otherwise Eligible Accounts and that are identified by the Company to the US
Administrative Agent or Canadian Administrative Agent, as applicable, and the US Collateral
Agent or Canadian Administrative Agent, as applicable, in writing may be included in
Eligible Accounts without such letter of credit support and which has been assigned;

(k) to the extent such Borrower is liable for goods sold or services rendered by the
applicable Account Debtor to such Borrower or any Subsidiary thereof but only to the extent
of the potential liability;

(l) that arises with respect to goods that are delivered on a bill and hold, cash on
delivery basis or placed on consignment, guaranteed sale or other terms by reason of which
the payment by the Account Debtor is or may be conditional;

(m) that is in default; provided that, without limiting the generality of the
foregoing, an Account shall be deemed in default upon the occurrence of any of the
following:

(i) the Account Debtor obligated upon such Account suspends business, makes a
general assignment for the benefit of creditors or fails to pay its debts generally
as they come due; or

(ii) a petition is filed by or against any Account Debtor obligated upon such
Account under any bankruptcy law or any other federal, state or foreign (including
any provincial) receivership, insolvency relief or other law or laws for the relief
of debtors;

(n) that is the obligation of an Account Debtor if 50% or more of the US Dollar
Equivalent amount of all Accounts owing by that Account Debtor are, based on the most recent
Borrowing Base Certificate, ineligible under the other criteria set forth in this
definition;

(o) as to which any of the representations or warranties in the Credit Documents with
respect to such Account are not true in any material respect;

(p) to the extent such Account is evidenced by an instrument or chattel paper (other
than instruments or chattel paper that has been delivered to the US Collateral Agent or
Canadian Collateral Agent, as applicable, under the Security Documents);

(q) which is not paid within the earlier of 60 days following its original due date or
120 days following its original invoice date, or which has been written off the books of the
Borrowers or otherwise designated as uncollectible (in determining the aggregate amount from
the same Account Debtor that is unpaid hereunder there shall be excluded the amount of any
net credit balances relating to Accounts due from an Account Debtor which is not paid within
the earlier of 60 days following its original due date or 120 days following its original
invoice date);

 

20

 

(r) with respect to which the Account Debtor is located in a state, province or
jurisdiction (e.g., New Jersey, Minnesota and West Virginia) that requires, as a condition
to access to the courts of such jurisdiction, that a
creditor qualify to transact business, file a business activities report or other
similar report or form, or take one or more other actions, unless the applicable Borrower
has so qualified, filed such reports or forms, or taken such actions (and, in each case,
paid any required fees or other charges). The foregoing shall not apply (i) to the extent
that the applicable Borrower may qualify subsequently as a foreign entity authorized to
transact business in such state or jurisdiction and gain access to such courts, without
incurring any cost or penalty viewed by the US Administrative Agent or Canadian
Administrative Agent, as applicable, and the Co-Collateral Agent to be material in amount,
and such later qualification cures any access to such courts to enforce payment of such
Account or (ii) to the requirement for a creditor to extra-provincially register in a
province or territory of Canada to the extent that the applicable Borrower may, in the
opinion of Canadian Administrative Agent and the Co-Collateral Agent, subsequently become
extra-provincially registered without incurring such cost or penalty referred to above;

(s) to the extent such Account was created as a new receivable for the unpaid portion
of an outstanding Account (including chargebacks, debit memos or other adjustments for
unauthorized deductions);

(t) that does not comply in all material respects with the requirements of all
Applicable Laws and regulations, whether federal, state, provincial, territorial, local or
foreign, including the Federal Consumer Credit Protection Act, the Federal Truth in Lending
Act and Regulation Z of the Board;

(u) to the extent that such Account, together with all other Accounts owing to such
Account Debtor and its Affiliates as of any date of determination exceed 20% of all Eligible
Accounts (but the portion of the Accounts not in excess of such percentage that otherwise
satisfy the criteria herein will be deemed Eligible Accounts and it being understood that
such 20% limitation shall apply to the Eligible Accounts of the US Borrowers and the
Canadian Borrowers collectively); provided that, for the avoidance of any doubt, for
purposes of this clause (u), each individual “Dealer” shall be treated as a single Account
Debtor; or

(v) that is payable in any currency other than US Dollars or Canadian Dollars.

Subject to Sections 2.14 and 13.1(c) and the definition of US Borrowing Base and Canadian Borrowing
Base, the US Administrative Agent or Canadian Administrative Agent, as applicable, and the
Co-Collateral Agent may modify the foregoing in their Permitted Discretion.

“Eligible Assignee” shall mean any Person to whom any Loans or Commitments may be
assigned pursuant to
Section 13.6(b); provided that “Eligible Assignee” shall not include
the Company or any of its Affiliates or Subsidiaries or any natural Person.

“Eligible Equipment” shall mean Equipment owned by any Canadian Borrower that is
located in Canada and that is in each case included in an appraisal of Equipment received by the
Canadian Administrative Agent and the Co-Collateral Agent in accordance with the reasonable
requirements of the Canadian Administrative Agent and the Co-Collateral Agent, which Equipment is
in good order, repair, running and marketable condition (ordinary wear and tear excepted) which in
each case satisfy the criteria set forth below. Eligible Equipment shall not include:

(a) Equipment at premises other than those owned or leased and controlled by any
Canadian Borrower; provided that, as to locations that are leased by a Canadian
Borrower, if the Canadian Collateral Agent shall not have received a Collateral Access
Agreement from the owner and lessor of such location, duly authorized, executed and
delivered by such owner and lessor (or the Canadian Administrative Agent and the
Co-Collateral Agent shall have reasonably determined to accept a Collateral Access Agreement
that does not include all required provisions or provisions in the form otherwise reasonably
required by the Canadian Administrative Agent and the Co-Collateral Agent), the Canadian
Administrative Agent and the Co-Collateral Agent may, at their option, establish such
Reserves (including Landlord Lien Reserves) in respect of amounts at any time due or to
become due to the owner and lessor thereof not to exceed the aggregate amount payable for
the next three (3) months to the owner or lessor of such locations;

(b) Equipment subject to a Lien in favor of any Person other than the Canadian
Collateral Agent except for Liens permitted by Section 10.2;

(c) Equipment that is not located in Canada;

(d) Equipment that is not subject to the first priority, valid and perfected Lien in
favor of the Canadian Collateral Agent;

 

21

 

(e) worn-out, obsolete, damaged or defective Equipment or Equipment not in good order
and repair and used or usable in the ordinary course of such Borrower’s business as
presently conducted;

(f) computer hardware; or

(g) Equipment that is or becomes a fixture to any Real Property.

Subject to Sections 2.14 and 13.1(c) and the definition of Canadian Borrowing Base, the
Canadian Administrative Agent and the Co-Collateral Agent may modify the foregoing in their
Permitted Discretion.

“Eligible Inventory” shall mean Inventory of the Borrowers that is not ineligible for
inclusion in the calculation of the US Borrowing Base or the Canadian Borrowing Base pursuant to
any of clauses (a) through (n) below. Eligible Inventory shall not include, without duplication,
any Inventory of any Borrower that:

(a) (i) is not owned by a Borrower or (ii) as to which the US Collateral Agent’s or
Canadian Collateral Agent’s, as applicable, Lien thereon on behalf of itself and the Secured
Parties is not a first priority Lien or is subject to any other Lien of any other Person
(including the rights of a purchaser that has made progress payments and the rights of a
surety that has issued a bond to assure such Borrower’s performance with respect to that
Inventory) other than (A) the Liens in favor of the US Collateral Agent or Canadian
Collateral Agent, as applicable, on behalf of itself and the Secured Parties, and Note Liens
and (B) Liens permitted by Section 10.2 for so long as such Liens do not have priority over
the Lien of the US Collateral Agent or Canadian Collateral Agent and, in the cases of Liens
permitted pursuant to Section 10.2(g) or Section 10.2(w), the holders of the obligations
secured by such Liens (or a representative or trustee on their behalf) shall have entered
into the Intercreditor Agreement or another intercreditor agreement reasonably satisfactory
to the US Administrative Agent and the Company providing that the Liens on such Inventory
securing such obligations shall rank junior to the Liens securing the Obligations;

(b) (i) unless in transit, is not located on premises owned, leased or rented by the
Borrowers or (ii) is stored at a leased location, unless the US Administrative Agent or
Canadian Administrative Agent, as applicable, and the Co-Collateral Agent have given their
prior consent thereto or unless (A) the lessor has delivered to the US Collateral Agent or
Canadian Collateral Agent, as applicable, a Collateral Access Agreement or (B) a Reserve
(and, without duplication, Landlord Lien Reserve) for rent, charges and other amounts due or
to become due with respect to such locations has been established by the US Administrative
Agent or Canadian Administrative Agent, as applicable, and the Co-Collateral Agent in their
Permitted Discretion not to exceed the aggregate amount payable for the next three (3)
months to the owner or lessor of such locations, or (iii) other than in respect of Inventory
with an aggregate value of up to $1,000,000 or the CDN Dollar Equivalent at such time, so
long as no Default or Event of Default has occurred or is continuing, is stored with a
bailee or third party warehouseman unless (A) such warehouseman or bailee has delivered to
the US Collateral Agent or Canadian Collateral Agent, as applicable, a Collateral Access
Agreement and such other documentation as the US Administrative Agent or the Canadian
Administrative Agent, as applicable, and the Co-Collateral Agent may reasonably require or
is evidenced by a Document (as defined in the UCC) that has been delivered to the US
Collateral Agent or Canadian Collateral Agent, as applicable, or (B) an appropriate Reserve
has been established by the US Administrative Agent or Canadian Administrative Agent, as
applicable, and the Co-Collateral Agent in their Permitted Discretion or (iv) is located at
an owned location subject to a mortgage in favor of a lender other than the US Collateral
Agent, the Canadian Collateral Agent and the Notes Collateral Agent, unless a reasonably
satisfactory mortgagee waiver has been delivered to the US Collateral Agent or Canadian
Collateral Agent, as applicable, or (v) is located at any site if the aggregate book value
of Inventory at any such location is less than $100,000 or the CDN Dollar Equivalent
thereof;

(c) is placed on consignment or is in transit, except for Inventory in transit between
US or Canadian locations of the Borrowers as to which the US Collateral Agent’s or the
Canadian Collateral Agent’s, as applicable, Liens have been perfected at origin and
destination;

(d) is covered by a negotiable document of title, unless such document has been
delivered to the US Collateral Agent or Canadian Collateral Agent, as applicable, with all
necessary endorsements, free and clear of all Liens, except those in favor of the US
Collateral Agent, the Canadian Collateral Agent and the Secured Parties and the Notes
Collateral Agent;

(e) consists of display items or packing or shipping materials, manufacturing supplies,
work in process Inventory (other than Painted Coil and Window Plant WIP) or replacement
parts;

 

22

 

(f) consists of goods which have been returned by the buyer other than goods that are
undamaged and are able to be resold in the ordinary course of business;

(g) is not of a type held for sale in the ordinary course of a Borrower’s business;

(h) breaches any of the representations or warranties in any material respect
pertaining to Inventory set forth in the Credit Documents;

(i) consists of Hazardous Materials or goods that can be transported or sold only with
licenses that are not readily available;

(j) is not located in the United States or Canada;

(k) is obsolete or unmarketable, defective or unfit for sale or which does not conform
in all material respects to all standards imposed by any Governmental Authority having
regulatory authority over such Borrower;

(l) is not covered by casualty insurance which complies with the requirements of
Section 9.3;

(m) which contains or bears any intellectual property rights licensed to a Borrower
unless the US Administrative Agent or Canadian Administrative Agent, as applicable, and the
Co-Collateral Agent are reasonably satisfied that it may sell or otherwise dispose of such
Inventory without (i) infringing the rights of such licensor in any material respect, (ii)
violating any material contract with such licensor or (iii) incurring any material liability
with respect to payment of royalties other than royalties incurred pursuant to sale of such
Inventory under the current licensing agreement; or

(n) such portion of Eligible Inventory that is applicable to intercompany profits.

Subject to Sections 2.14 and 13.1(c) and the definition of US Borrowing Base and Canadian Borrowing
Base, the US Administrative Agent or Canadian Administrative Agent, as applicable, and the
Co-Collateral Agent may modify the foregoing in their Permitted Discretion.

“Eligible Real Property” shall mean Real Property owned by a Canadian
Borrower included in an appraisal of Real Property received by the Canadian Administrative Agent
and the Co-Collateral Agent in accordance with the requirements of the Canadian Administrative
Agent and the Co-Collateral Agent and in each case which satisfies the criteria set forth below.
Eligible Real Property shall not include:

(a) Real Property which is not owned and operated by a Canadian Borrower;

(b) Real Property subject to a Lien in favor of any Person, other than Canadian
Collateral Agent, except for Liens permitted by Section 10.2 (but not including for the
purpose of this exception (i) any purchase money security interests or financial liens that
may be permitted under this Agreement, or (ii) other security interests or financial liens
that would have priority over the security interests of the Canadian Collateral Agent or are
not subject to an intercreditor agreement in form and substance reasonably satisfactory to
the Canadian Administrative Agent and the Company; provided that the Liens on such
Real Property securing such obligations shall rank junior to the Liens securing the
Obligations);

(c) Real Property that is not located in Canada;

(d) Real Property that is not subject to a valid, enforceable and registered, first
priority (subject to Liens permitted by Section 10.2 and as provided in clause (b) above),
perfected Lien in favor of the Canadian Collateral Agent, and for which the Canadian
Collateral Agent has not received a local opinion of counsel with respect to the
enforceability of the applicable mortgage or hypothec creating the aforesaid perfected Lien;

(e) Real Property in respect of which the Canadian Administrative Agent and the
Co-Collateral Agent have not received (i) an appraisal by an appraiser reasonably acceptable
to the Canadian Administrative Agent and the Co-Collateral Agent and (ii) a lender’s title
insurance policy that complies with the requirements of Section 9.14(c), each in form and
substance reasonably satisfactory to the Canadian Administrative Agent and the Co-Collateral
Agent and by an appraiser reasonably acceptable to the Canadian Administrative Agent and the
Co-Collateral Agent;

 

23

 

(f) Real Property where the Canadian Administrative Agent and the Co-Collateral Agent
reasonably determine in their Permitted Discretion that issues relating to compliance with
Environmental Laws materially and adversely affect the value thereof or the ability of
Canadian Collateral Agent to sell or otherwise Dispose thereof (but subject to the right of
the Canadian Administrative Agent and the Co-Collateral Agent to establish Reserves upon the
inclusion of such Real Property as Eligible Real Property in the calculation of the Fixed
Asset Loan Value to reflect such adverse affect); and

(g) Real Property improved with residential housing.

Any Real Property that is not Eligible Real Property shall nevertheless be part of the Collateral
to the extent required by the Credit Documents, except that there shall be no obligation to
register mortgages on title to Real Property that is not Eligible Real Property.

The following are deemed to satisfy the requirements for an appraisal set out above in respect of
the applicable Real Properties: (A) Real estate appraisal report of an industrial building located
at 1001 Corporate Drive, Burlington, Ontario with a valuation date of September 14, 2010 prepared
by Great American Group; (B) Real estate appraisal report of an industrial building located at 6320
Colonel Talbot Road, London, Ontario with a valuation date of September 14, 2010 prepared by Great
American Group; and (C) Real estate appraisal report of an industrial building located at 2501
Autoroute Transcanadienne, Pointe-Claire, Quebec with a valuation date of September 14, 2010
prepared by Great American Group.

“Environmental Claims” shall mean any and all administrative, regulatory or judicial
actions, suits, demands, demand letters, claims, liens, notices of noncompliance or violation,
investigations (other than internal reports prepared by the Company or any of its Subsidiaries (a)
in the ordinary course of such Person’s business or (b) as required in connection with a financing
transaction or an acquisition or disposition of real estate) or proceedings relating in any way to
any Environmental Law or any permit issued, or any approval given, under any such Environmental Law
(hereinafter, “Claims”), including (i) any and all Claims by governmental or regulatory
authorities for enforcement, cleanup, removal, response, remedial or other actions or damages
pursuant to any applicable Environmental Law and (ii) any and all Claims by any third party seeking
damages, contribution, indemnification, cost recovery, compensation or injunctive relief resulting
from the Release or threatened Release of Hazardous Materials or arising from alleged injury or
threat of injury to health, safety or the environment.

“Environmental Law” shall mean any applicable federal, state, provincial, territorial,
foreign or local statute, law, rule, regulation, ordinance, code and rule of common law now or
hereafter in effect and in each case as amended, and any binding judicial or administrative
interpretation thereof, including any binding judicial or administrative order, consent decree or
judgment, in each case relating to the protection of the environment (including ambient air, indoor
air, surface water, ground water, land and subsurface strata and natural resources such as
wetlands, flora and fauna) or of human health or safety (to the extent relating to exposure to
Hazardous Materials).

“Equipment” shall mean, as to each Canadian Borrower, all of such Borrower’s now owned
and hereafter acquired equipment, wherever located, including machinery, data processing and
computer equipment (whether owned or licensed and including embedded software), vehicles, tools,
furniture, fixtures, all attachments, accessions and property now or hereafter affixed thereto or
used in connection therewith, and substitutions and replacements thereof, wherever located.

“Equity Contribution” shall have the meaning provided in the recitals to this
Agreement.

“ERISA” shall mean the Employee Retirement Income Security Act of 1974, as amended
from time to time. Section references to ERISA are to ERISA as in effect at the date of this
Agreement and any subsequent provisions of ERISA amendatory thereof, supplemental thereto or
substituted therefor.

“ERISA Affiliate” shall mean each person (as defined in Section 3(9) of ERISA) that
together with Holdings, the Company or a Subsidiary thereof would be deemed to be a “single
employer” within the meaning of Section 414(b) or (c) of the Code or, solely for purposes of
Section 302 of ERISA and Section 412 of the Code, is treated as a single employer under Section 414
of the Code.

“E-System” shall mean any electronic system, including SyndTrak and any other Internet
or extranet-based site, whether such electronic system is owned, operated or hosted by the US
Administrative Agent, any of its Related Parties, or any of such Person’s respective officers,
directors, employees, attorneys, agents and representatives or any other Person, providing for
access to data protected by passcodes or other security system.

“Eurocurrency Liabilities” shall have the meaning provided in the definition of the
term “Statutory Reserve Rate.”

 

24

 

“Eurodollar Base Rate” shall mean, with respect to any Interest Period for any
Eurodollar Loan the rate per annum for deposits in US Dollars for the applicable Interest Period
appearing on the Reuters Screen LIBOR01 page as of 11:00 a.m. (London time) two Business Days prior
to the first day in such Interest Period. In the event that the rate referred to above does not
appear on the Reuters Screen LIBOR01 page at such time, the “Eurodollar Base Rate” shall be
determined by reference to such other comparable publicly available service for displaying the
offered rate for deposit in US Dollars in the London interbank market as may be agreed upon by the
US Administrative Agent and the Company or, in the absence of such agreement, the “Eurodollar
Base Rate” for the purposes of this paragraph shall instead be the rate per annum notified to
the US Administrative Agent by the Reference Lender as the rate at which the Reference Lender is
offered US Dollar deposits at or about 11:00 a.m. (London time) two Business Days prior to the
beginning of such Interest Period in the interbank Eurodollar market where the Eurodollar and
foreign currency and exchange operations in respect of its Eurodollar Loans are then being
conducted for delivery on the first day of such Interest Period for the number of days comprised
therein and in an amount comparable to the amount of its Eurodollar Loan to be outstanding during
such Interest Period availability, such other method to determine such offered rate as may be
selected by the US Administrative Agent in its sole discretion.

“Eurodollar Loan” shall mean any Loan bearing interest at a rate determined by
reference to the Eurodollar Rate.

“Eurodollar Rate” shall mean, with respect to any Interest Period and for any
Eurodollar Loan, an interest rate per annum determined as the ratio of (a) the Eurodollar Base Rate
with respect to such Interest Period for such Eurodollar Loan to (b) the Statutory Reserve Rate
with respect to such Interest Period and for such Eurodollar Loan.

“Event of Default” shall have the meaning provided in Section 11.

“Excess Availability” shall mean, as of any date of determination, an amount equal to
the sum of US Excess Availability and the Canadian Excess Availability.

“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended, and the
rules and regulations promulgated thereunder.

“Exchange Rate” shall mean, on any day with respect to any currency (other than US
Dollars), the rate at which such currency may be exchanged into any other currency (including US
Dollars), as set forth at approximately 11:00 a.m. (London time) on such day on the Reuters World
Currency Page for such currency. In the event that such rate does not appear on any Reuters World
Currency Page, the Exchange Rate shall be determined by reference to such other publicly available
service for displaying exchange rates as may be agreed by the US Administrative Agent and the
Company, or, in the absence of such agreement, such Exchange Rate shall instead be the arithmetic
average of the spot rates of exchange of the US Administrative Agent in the market where its
foreign currency exchange operations in respect of such currency are then being conducted, at or
about 11:00 a.m., local time, on such date for the purchase of the relevant currency for delivery
two Business Days later.

“Excluded Capital Stock” shall mean

(a) any Capital Stock with respect to which, in the reasonable judgment of the US
Administrative Agent or the Canadian Administrative Agent, as applicable, (confirmed in
writing by notice to the Company and the US Collateral Agent or the Canadian Collateral
Agent, as applicable), the cost or other consequences (including any material adverse tax
consequences) of pledging such Capital Stock shall be excessive in view of the benefits to
be obtained by the Secured Parties therefrom,

(b) solely in the case of any pledge of Capital Stock of any Foreign Subsidiary or any
Domestic Subsidiary treated as a disregarded entity for US federal income tax purposes if
substantially all of its assets consist of Capital Stock of one or more Foreign Subsidiaries
that are controlled foreign corporations within the meaning of Section 957 of the Code to
secure the US Obligations, any Capital Stock that is Voting Stock of such Foreign Subsidiary
in excess of 65% of the outstanding Capital Stock of such class,

(c) any Capital Stock to the extent the pledge thereof would be prohibited by any (i)
Applicable Law or (ii) Contractual Obligations existing on the Closing Date or (other than
with respect to Capital Stock of a wholly owned Subsidiary) on the date on which such
Capital Stock is acquired or the date that the issuer of such Capital Stock is created,

(d) the Capital Stock of any Subsidiary that is not wholly owned by the Company and its
Subsidiaries at the time such Subsidiary becomes a Subsidiary (for so long as such
Subsidiary remains a non-wholly owned Subsidiary) to the extent that the pledge of such Capital Stock is prohibited by the terms of
such Subsidiary’s Organizational Documents or joint venture documents,

 

25

 

(e) the Capital Stock of any Immaterial Subsidiary or any Unrestricted Subsidiary,

(f) solely in the case of any pledge of Capital Stock of any Foreign Subsidiary to
secure the US Obligations, the Capital Stock of any Subsidiary of a Foreign Subsidiary, and

(g) any Capital Stock of any Subsidiary to the extent that the pledge of such Capital
Stock would result in materially adverse tax consequences to Holdings, the Borrowers or any
Subsidiary as reasonably determined by the Company in writing delivered to the applicable
Collateral Agent.

“Excluded Subsidiary” shall mean

(a) any Subsidiary that is not a wholly owned Subsidiary on any date such Subsidiary
would otherwise be required to become a Guarantor pursuant to the requirements of Section
9.10 (for so long as such Subsidiary remains a non-wholly owned Subsidiary) other than a
Domestic Subsidiary or Canadian Subsidiary that is a non-wholly owned Subsidiary if such
non-wholly owned Subsidiary guarantees or issues other capital markets debt securities of
any Borrower or any Guarantor,

(b) any Subsidiary that is prohibited by Applicable Law or Contractual Obligation
existing on the Closing Date or at the time such Subsidiary becomes a Restricted Subsidiary
from guaranteeing the Obligations (and for so long as such restrictions or any replacement
or renewal thereof is in effect) or which would require consent, approval, license or
authorization of a Governmental Authority to provide a guarantee of the Obligations unless
such consent, approval, license or authorization has been received (or is received after
commercially reasonable efforts to obtain same, which efforts may be requested by the US
Administrative Agent or Canadian Administrative Agent, as applicable),

(c) any Domestic Subsidiary that is (i) treated as a disregarded entity for US federal
income tax purposes if substantially all of its assets consist of Capital Stock of one or
more Foreign Subsidiaries that are controlled foreign corporations within the meaning of
Section 957 of the Code or (ii) a direct or indirect Subsidiary of a Foreign Subsidiary
(other than a Canadian Subsidiary),

(d) any Immaterial Subsidiary, including Associated Materials Finance, Inc.,
(provided that the Company shall not be permitted to exclude Immaterial Subsidiaries
from guaranteeing the Obligations to the extent that (i) the aggregate amount of gross
revenue for all Immaterial Subsidiaries (other than Unrestricted Subsidiaries) excluded by
clause this clause (d) exceeds 5.0% of the consolidated gross revenues of the Company and
its Restricted Subsidiaries for the most recent Test Period ended prior to the date of
determination or (ii) the aggregate amount of total assets for all Immaterial Subsidiaries
(other than Unrestricted Subsidiaries) excluded by this clause (d) exceeds 5.0% of the
Consolidated Total Assets of the Company and its Restricted Subsidiaries as at the end of
the most recent Test Period ended prior to the date of determination),

(e) any other Subsidiary with respect to which, in the reasonable judgment of the US
Administrative Agent or the Canadian Administrative Agent, as applicable, (confirmed in
writing by notice to the Company and the US Collateral Agent or the Canadian Collateral
Agent, as applicable), the cost or other consequences (including any material adverse tax
consequences) of providing a guarantee shall be excessive in view of the benefits to be
obtained by the Secured Parties therefrom,

(f) each Foreign Subsidiary (other than a Canadian Subsidiary) and each Unrestricted
Subsidiary, and

(g) any Subsidiary to the extent that the guarantee of the Obligations would result in
material adverse tax consequences to Holdings, the Borrowers or any Subsidiary as reasonably
determined by the Company.

“Existing Canadian Revolving Credit Commitments” shall have the meaning provided in
Section 2.19(a).

“Existing Canadian Revolving Credit Loans” shall have the meaning provided in Section
2.19(a).

 

26

 

“Existing Class” shall mean each Class of Existing US Revolving Credit Commitments or
Existing Canadian Revolving Credit Commitments.

“Existing Letters of Credit” shall mean the Letters of Credit listed on Schedule
1.1(c).

“Existing Notes” shall mean collectively, (i) the Target’s 20% Senior Notes due 2014,
(ii) AMH Holdings, LLC’s 11.25% Senior Discount Notes due 2014 and (iii) the Company’s 9.875%
Senior Secured Second Lien Notes due 2016.

“Existing US Revolving Credit Commitments” shall have the meaning provided in Section
2.19(a).

“Existing US Revolving Credit Loans” shall have the meaning provided in Section
2.19(a).

“Extended Canadian Revolving Credit Commitments” shall have the meaning provided in
Section 2.19(a).

“Extended Canadian Revolving Credit Loans” shall have the meaning provided in Section
2.19(a).

“Extended Loans/Commitments” shall mean Extended US Revolving Credit Loans and/or
Extended US Revolving Credit Commitments and Extended Canadian Revolving Credit Loans and/or
Extended Canadian Revolving Credit Commitments.

“Extended US Revolving Credit Commitments” shall have the meaning provided in Section
2.19(a).

“Extended US Revolving Credit Loans” shall have the meaning provided in Section
2.19(a).

“Extending Lender” shall have the meaning provided in Section 2.19(b).

“Extension Agreement” shall have the meaning provided in Section 2.19(c).

“Extension Election” shall have the meaning provided in Section 2.19(b).

“Extension Request” shall have the meaning provided in Section 2.19(a).

“Extension Series” shall mean all Extended US Revolving Credit Commitments or Extended
Canadian Revolving Credit Commitments that are established pursuant to the same Extension Agreement
(or any subsequent Extension Agreement to the extent such Extension Agreement expressly provides
that the Extended US Revolving Credit Commitments or Extended Canadian Revolving Credit
Commitments, as applicable, provided for therein are intended to be a part of any previously
established Extension Series) and that provide for the same interest margins, extension fees, if
any, and amortization schedule.

“Fair Market Value” shall mean with respect to any asset or group of assets on any
date of determination, the value of the consideration obtainable in a sale of such asset at such
date of determination assuming a sale by a willing seller to a willing purchaser dealing at arm’s
length and arranged in an orderly manner over a reasonable period of time having regard to the
nature and characteristics of such asset, as reasonably determined by the Company.

“FALV Amortization Factor” shall mean 1 minus a fraction, the numerator of which is
the number of calendar months elapsed as of any date of determination since December 31, 2010 but
in no event more than 60) and the denominator of which is 60.

 

27

 

“FCCR Threshold” shall have the meaning provided in Section 10.11.

“Federal Funds Effective Rate” shall mean, for any day, the weighted average of the
per annum rates on overnight Federal funds transactions with members of the Federal Reserve System
arranged by Federal funds brokers, as published on the next succeeding Business Day by the Federal
Reserve Bank of New York, or, if such rate is not so published for any day that is a Business Day,
the average of the quotations for the day of such transactions received by the Administrative Agent
from three Federal funds brokers of recognized standing selected by it.

“Fee Letter” shall mean the fee letter addressed to Holdings from the Joint
Bookrunners and accepted by Holdings on September 13, 2010, with respect to certain fees to be
paid.

“Fees” shall mean all amounts payable pursuant to, or referred to in, Section 4.1.

“Financial Covenant” shall mean the covenant of the Company set forth in Section
10.11.

“First Merger” shall have the meaning provided in the recitals to this Agreement.

“Fixed Asset Loan Value” shall mean for each Canadian Borrower an amount equal to the
sum of (a) 85% multiplied by the Net Orderly Liquidation Value Percentage multiplied by the
Canadian Borrowers’ Eligible Equipment as of the Closing Date plus (b) 70% multiplied by the
appraised Fair Market Value of the Canadian Borrowers’ Eligible Real Property as of the Closing
Date; provided that (A) after the Closing Date the Fixed Asset Loan Value may never
increase and (B) the Canadian Administrative Agent may reappraise Eligible Real Property not more
than once per year pursuant to Section 9.2(b) and the Fixed Asset Loan Value with respect to such
Real Property may be recalculated on such date to reflect the difference, if negative of (a) the
Fair Market Value shown by such appraisal multipled by 70% less (b) the appraised Fair Market
Value of such Real Property per the immediately prior appraisal multiplied by 70% multiplied by
the FALV Amortization Factor on such date.

“Fixed Charge Coverage Ratio” shall mean, as of any date of determination, the ratio
of (a) (i) Consolidated EBITDA for the most recent Test Period ended on or prior to such date of
determination, minus, without duplication, (ii) Capital Expenditures incurred during such
Test Period (other than Capital Expenditures financed with the proceeds of Indebtedness (other than
proceeds of Loans), issuances of Capital Stock or proceeds from Dispositions outside the ordinary
course of business), minus, (iii) taxes based on income, profits or capital, including
federal, foreign, state, franchise, excise and similar taxes, net of cash refunds received, of the
Company and its Restricted Subsidiaries paid in cash during such Test Period to (b) Consolidated
Fixed Charges payable by the Company and its Restricted Subsidiaries in cash during such Test
Period; provided that, for purposes of calculating the Fixed Charge Coverage Ratio for any
period ending prior to the first anniversary of the Closing Date, Consolidated Interest Expense
shall be with respect to all amounts of Consolidated Interest Expense, an amount equal to actual
Consolidated Interest Expense from the Closing Date through the date of determination multiplied by
a fraction the numerator of which is 365 and the denominator of which is the number of days from
the Closing Date through the date of determination.

In calculating the Fixed Charge Coverage Ratio in connection with the making of any Specified
Payment (other than with regard to Investments) at any time when Excess Availability on a Pro Forma
Basis is less than 45% of the sum of (x) the lesser of (i) the Total US Revolving Credit Commitment
at such time and (ii) the then-applicable US Borrowing Base and (y) the lesser of (i) the Total
Canadian Revolving Credit Commitment at such time and (ii) the then-applicable Canadian Borrowing
Base, the amount of Consolidated Fixed Charges included in clause (b) above shall include, without
duplication of any payments already constituting Consolidated Fixed Charges, the amount of such
Specified Payment actually made on such date of determination.

In the event that the Company or any Restricted Subsidiary incurs, assumes, guarantees,
repays, redeems, retires or extinguishes any Indebtedness (other than Indebtedness incurred under
any revolving credit facility that has not been permanently repaid) subsequent to the commencement
of the period for which the Fixed Charge Coverage Ratio is being calculated, but prior to or
simultaneously with the event for which the calculation of the Fixed Charge Coverage Ratio is made,
then the Fixed Charge Coverage Ratio shall be calculated giving Pro Forma Effect to such
incurrence, assumption, guarantee, repayment, redemption, retirement or extinguishing of
Indebtedness as if the same had occurred at the beginning of the applicable Test Period.

“Foreign Subsidiary” shall mean each Subsidiary of the Company that is not a Domestic
Subsidiary.

“Fronting Fee” shall have the meaning provided in Section 4.1(b).

 

28

 

“GAAP” shall mean generally accepted accounting principles in the United States of
America, as in effect from time to time; provided, however, that if the Company
notifies the US Administrative Agent that the Company requests an
amendment to any provision hereof to eliminate the effect of any change occurring after the
Closing Date in GAAP or in the application thereof on the operation of such provision (or if the US
Administrative Agent notifies the Company that the Required Lenders request an amendment to any
provision hereof for such purpose), regardless of whether any such notice is given before or after
such change in GAAP or in the application thereof, then such provision shall be interpreted on the
basis of GAAP as in effect and applied immediately before such change shall have become effective
until such notice shall have been withdrawn or such provision amended in accordance herewith.

“Governmental Authority” shall mean the government of the United States, Canada or any
foreign country or any multinational authority, or any state, provincial, territorial or political
subdivision thereof, and any entity, body or authority exercising executive, legislative, judicial,
regulatory or administrative functions of or pertaining to government, including the PBGC and other
quasi-governmental entities established to perform such functions.

“Guarantees” shall mean, collectively, the Canadian Guarantee and the US Guarantee.

“Guarantee Obligations” shall mean, as to any Person, any obligation of such Person
guaranteeing or intended to guarantee any Indebtedness of any other Person (the “primary
obligor”) in any manner, whether directly or indirectly, including any obligation of such
Person, whether or not contingent, (a) to purchase any such Indebtedness or any property
constituting direct or indirect security therefor, (b) to advance or supply funds (i) for the
purchase or payment of any such Indebtedness or (ii) to maintain working capital or equity capital
of the primary obligor or otherwise to maintain the net worth or solvency of the primary obligor,
(c) to purchase property, securities or services primarily for the purpose of assuring the owner of
any such Indebtedness of the ability of the primary obligor to make payment of such Indebtedness or
(d) otherwise to assure or hold harmless the owner of such Indebtedness against loss in respect
thereof; provided, however, that the term “Guarantee Obligations” shall not
include endorsements of instruments for deposit or collection in the ordinary course of business or
customary and reasonable indemnity obligations in effect on the Closing Date or entered into in
connection with any acquisition or disposition of assets permitted under this Agreement (other than
with respect to Indebtedness). The amount of any Guarantee Obligation shall be deemed to be an
amount equal to the stated or determinable amount of the Indebtedness in respect of which such
Guarantee Obligation is made or, if not stated or determinable, the maximum reasonably anticipated
liability in respect thereof (assuming such Person is required to perform thereunder) as determined
by such Person in good faith.

“Guarantors” shall mean, collectively, the US Guarantors and the Canadian Guarantors.

“Hazardous Materials” shall mean (a) any petroleum or petroleum products, radioactive
materials, asbestos or asbestos containing material, urea formaldehyde foam insulation,
transformers or other equipment that contain dielectric fluid containing regulated levels of
polychlorinated biphenyls, and radon gas; (b) any chemicals, materials, wastes or substances
defined as or included in the definition of “hazardous substances”, “hazardous
waste”, “hazardous materials”, “extremely hazardous waste”, “restricted
hazardous waste”, “toxic substances”, “toxic pollutants”,
“contaminants”, or “pollutants”, or words of similar import, under any applicable
Environmental Law; and (c) any other chemical, material, waste, pollutant, contaminant or
substance, which is prohibited, limited or regulated by any Environmental Law.

“Hedge Bank” shall mean any Person that is a Lender, an Agent or an Affiliate of a
Lender or an Agent and that is a counterparty to a Hedging Agreement with a Credit Party or one of
its Restricted Subsidiaries, in its capacity as such; provided that such Person shall have
delivered (except in the case of an Agent) written notice to the US Collateral Agent or the
Canadian Collateral Agent, as applicable, at or prior to the time that such Hedging Agreement is
entered into or, if later, at the time such Lender becomes a party to this Agreement, that such a
transaction has been entered into and that such Person constitutes a Hedge Bank entitled to the
benefits of the Security Documents and the Intercreditor Agreement. For the avoidance of doubt,
each Agent shall constitute a Hedge Bank to the extent it has entered into a Hedging Agreement.

“Hedging Agreement” shall mean (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.

 

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“Hedging Obligations” shall mean, with respect to any Person, the obligations of such
Person under Hedging Agreements.

“Historical Financial Statements” shall mean (a) the audited consolidated balance
sheets of the Company as at January 2, 2010, January 3, 2009 and December 29, 2007 and related
statements of income and cash flows of the Company for the fiscal years ended at January 2, 2010,
January 3, 2009 and December 29, 2007 and (b) the unaudited consolidated balance sheet of the
Company as at the end of, and related statements of income and cash flows of the Company for each
subsequent fiscal quarter of the Company after January 2, 2010 ended at least 45 days before the
Closing Date (in the case of this clause (b), without footnotes).

“Holdings” shall mean CAREY INTERMEDIATE HOLDINGS CORP., a Delaware corporation, or,
after the Closing Date, any other Person (the “New Holdings”) that is a Subsidiary of CAREY
INTERMEDIATE HOLDINGS, CORP. (or the previous New Holdings as the case may be) (the “Previous
Holdings”); provided that (a) such New Holdings owns 100% of Voting Stock of the
Borrower, (b) the New Holdings shall expressly assume all the obligations of the Previous Holdings
under this Agreement and the other Credit Documents pursuant to a supplement hereto or thereto in
form reasonably satisfactory to the US Administrative Agent, (c) the New Holdings shall have
delivered to the US Administrative Agent an officer’s certificate stating that such substitution
and any supplements to the Credit Documents preserve the enforceability of the Guarantee and the
perfection and priority of the Liens under the Security Documents, (d) if reasonably requested by
the US Administrative Agent, an opinion of counsel to the effect that such substitution does not
violate this Agreement or any other Credit Document, (e) all assets of the Previous Holdings are
contributed or otherwise transferred to such New Holdings and (f) no Default or Event of Default
has occurred and is continuing at the time of such substitution and such substitution does not
result in any Default or Event of Default or material tax liability; provided,
further, that if the foregoing are satisfied, the Previous Holdings shall be automatically
released of all its obligations under the Credit Documents and any reference to “Holdings” in the
Credit Documents shall be meant to refer to the “New Holdings”.

“Immaterial Subsidiary” shall mean, at any date of determination, any Restricted
Subsidiary of the Company (a) whose total assets (when combined with the assets of such Restricted
Subsidiary’s Subsidiaries after eliminating intercompany obligations) at the last day of the most
recent Test Period ended on or prior to such determination date were less than 2% of the
Consolidated Total Assets of the Company and its Restricted Subsidiaries, taken as a whole, at such
date and (b) whose gross revenues (when combined with the revenues of such Restricted Subsidiary’s
Subsidiaries after eliminating intercompany obligations) for such Test Period were less than 2% of
the consolidated gross revenues of the Company and its Restricted Subsidiaries, taken as a whole,
for such period, in each case determined in accordance with GAAP.

“Increased Amount Date” shall have the meaning provided in Section 2.15.

“Indebtedness” shall mean, 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 indebtedness of such Person for borrowed money and all indebtedness of such
Person evidenced by bonds, debentures, notes, loan agreements or other similar instruments;

(b) the maximum amount (after giving effect to any prior drawings or reductions which
may have been reimbursed) of all letters of credit (including standby and commercial),
bankers’ acceptances, bank guaranties, surety bonds, performance bonds and similar
instruments issued or created by or for the account of such Person;

(c) net Hedging Obligations of such Person;

(d) all obligations of such Person to pay the deferred purchase price of property or
services (other than (i) accrued expenses and current trade liabilities (but not any
refinancings, extensions, renewals, or replacements thereof) incurred in the ordinary course
of business and maturing within 365 days after the incurrence thereof except if such trade
liabilities bear interest and (ii) any earn-out obligation until such obligation becomes a
liability on the balance sheet of such Person in accordance with GAAP);

(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 and mortgage, industrial revenue bond, industrial
development bond and similar financings), whether or not such indebtedness shall have been
assumed by such Person or is limited in recourse;

(f) all Capitalized Lease Obligations; and

(g) all Guarantee Obligations of such Person in respect of any of the foregoing;

 

30

 

provided that Indebtedness shall not include (i) prepaid or deferred revenue arising in the
ordinary course of business and (ii) purchase price holdbacks arising in the ordinary course of
business in respect of a portion of the purchase price of an asset to satisfy warrants or other
unperformed obligations of the seller of such asset.

For all purposes hereof, the Indebtedness of any Person shall in the case of Holdings, the
Company and its Subsidiaries, exclude all intercompany Indebtedness having a term not exceeding 364
days (inclusive of any roll-over or extensions of terms) and made in the ordinary course of
business consistent with past practice. The amount of any net Hedging Obligations on any date
shall be deemed to be the Swap Termination Value thereof as of such date. The amount of
Indebtedness of any Person for purposes of clause (e) above shall be deemed to be equal to the
lesser of (i) the aggregate unpaid amount of such Indebtedness and (ii) the Fair Market Value of
the property encumbered thereby as determined by such Person in good faith.

“Indemnified Parties” shall have the meaning provided in Section 13.5(a).

“Information” shall have the meaning provided in Section 13.16.

“Intercompany Notes” shall mean, collectively, the Canadian Intercompany Note and the
US Intercompany Note.

“Intercreditor Agreement” shall mean the Intercreditor Agreement, dated as of the
Closing Date, in substantially the form of Exhibit O hereto, among the US Collateral Agent and the
Notes Collateral Agent, and acknowledged and agreed by Holdings, the Company and the other US
Guarantors.

“Interest Period” shall mean, with respect to any Loan, the interest period applicable
thereto, as determined pursuant to Section 2.9.

“Inventory” shall mean any “inventory,” as such term is defined in the UCC or PPSA, as
applicable, now owned or hereafter acquired by any Borrower, wherever located, and in any event
including inventory, merchandise, goods and other personal property that are held by or on behalf
of any Borrower for sale or lease or are furnished or are to be furnished under a contract of
service, or that constitute raw materials, work in process, finished goods, returned goods,
supplies or materials of any kind, nature or description used or consumed or to be used or consumed
in such Borrower’s business or in the processing, production, packaging, promotion, delivery or
shipping of the same, including all supplies and embedded software.

“Inventory Appraisal” shall mean (a) on the Closing Date, the appraisal prepared by
Great American Group dated September 2010 and (b) thereafter, the most recent inventory appraisal
conducted by an independent appraiser firm pursuant to Section 9.2(b).

“Investment” shall have the meaning provided in Section 10.5.

“Investors” shall mean the Sponsor, certain other investors arranged by and/or
designated by the Sponsor and the Management Investors.

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

“Issuer Documents” shall mean, with respect to any Letter of Credit, the Letter of
Credit Request, and any other document, agreement and instrument entered into by a Letter of Credit
Issuer and applicable Borrower (or any Restricted Subsidiary) or in favor of a Letter of Credit
Issuer and relating to such Letter of Credit.

“Joinder Agreement” means an agreement substantially in the form of Exhibit M.

“Joint Bookrunners” shall mean UBS Securities LLC, Deutsche Bank Securities Inc. and
Wells Fargo Capital Finance, LLC.

“Joint Lead Arrangers” shall mean UBS Securities LLC, Deutsche Bank Securities Inc.
and Wells Fargo Capital Finance, LLC.

 

31

 

“Landlord Lien Reserve” shall mean an amount equal to up to 3 months’ rent for all of
the Borrowers’ leased locations where Eligible Inventory or Eligible Equipment is located in each
Landlord Lien State, other than (a) leased locations with respect to which the US Collateral Agent
or Canadian Collateral Agent, as applicable, shall have received a landlord’s waiver of
subordination of lien in form reasonably satisfactory to the US Administrative Agent or Canadian
Administrative Agent, as applicable, and the Co-Collateral Agent and (b) any leased location in
respect of which such Inventory or Equipment at all such locations in the aggregate has a value of
$7,000,000 or the CDN Dollar Equivalent thereof or less.

“Landlord Lien State” shall mean (i) each of Washington, Virginia and Pennsylvania and
(ii) such other state(s) or Province(s) of Canada in which a landlord’s claim for rent has priority
by operation of law over the Lien of the US Collateral Agent or Canadian Collateral Agent, as
applicable, on any of the Collateral consisting of Eligible Inventory.

“Lender” shall have the meaning provided in the preamble to this Agreement.

“Lender Default” means (a) the refusal (which may be given verbally or in writing and
that has not been retracted) or failure of any Lender to make available its portion of any
incurrence of Loans or participations, which refusal or failure is not cured within one Business
Day after the date of such refusal or failure, (b) the failure of any Lender to pay over to the US
Administrative Agent or Canadian Administrative Agent, any Letter of Credit Issuer, the Swingline
Lender or any other Lender any other amount required to be paid by it hereunder within one Business
Day of the date when due or (c) any Lender has admitted in writing that it is insolvent or such
Lender becomes subject to a Lender-Related Distress Event.

“Lender-Related Distress Event” mean, with respect to any Lender, that such Lender or
any Person that directly or indirectly controls such Lender (each, a “Distressed Person”),
as the case may be, is or becomes subject to, a voluntary or involuntary case with respect to such
Distressed Person under any debt relief law, or a custodian, conservator, receiver or similar
official is appointed for such Distressed Person or any substantial part of such Distressed
Person’s assets, or such Distressed Person or any Person that directly or indirectly controls such
Distressed Person is subject to a forced liquidation, or such Distressed Person makes a general
assignment for the benefit of creditors or is otherwise adjudicated as, or determined by any
Governmental Authority having regulatory authority over such Distressed Person or its assets to be,
insolvent or bankrupt; provided that a Lender-Related Distress Event shall not be deemed to
have occurred solely by virtue of the ownership or acquisition of any Capital Stock in any Lender
or any Person that directly or indirectly controls such Lender by a Governmental Authority or an
instrumentality thereof.

“Letter of Credit” shall have the meaning provided in Section 3.1(a).

“Letter of Credit Borrowing” shall mean an extension of credit resulting from a
Drawing under any Letter of Credit that has not been reimbursed on the date when made or refinanced
as a Borrowing.

“Letter of Credit Exposure” shall mean the sum of the US Letter of Credit Exposure and
the Canadian Letter of Credit Exposure.

“Letter of Credit Issuers” shall mean, collectively, the US Letter of Credit Issuers
and the Canadian Letter of Credit Issuers.

“Letter of Credit Maturity Date” shall mean the date that is 5 Business Days prior to
the Revolving Credit Maturity Date.

“Letter of Credit Participant” shall have the meaning provided in Section 3.3(a).

“Letter of Credit Participation” shall have the meaning provided in Section 3.3(a).

“Letter of Credit Request” shall have the meaning provided in Section 3.2(a).

“Letter of Credit Sub-Limit” shall mean the sum of the US Letter of Credit Sub-Limit
and the Canadian Letter of Credit Sub-Limit.

“Letters of Credit Outstanding” shall mean the sum of the US Letters of Credit
Outstanding and the Canadian Letters of Credit Outstanding.

 

32

 

“Lien” shall mean any mortgage, pledge, security interest, hypothecation, assignment,
lien (statutory or other) or similar encumbrance, and any easement, right-of-way, license,
restriction (including zoning restrictions), defect, exception or
irregularity in title or similar charge or encumbrance (including any agreement to give any of
the foregoing, any conditional sale or other title retention agreement or any lease in the nature
thereof); provided that in no event shall an operating lease be deemed to be a Lien.

“Loan” shall mean any Revolving Credit Loan, Swingline Loan, New Revolving Credit Loan
or Extended Revolving Credit Loan made by any Lender hereunder.

“Loss Sharing Agreement” means the Loss Sharing Agreement to be executed by the
Lenders substantially in the form of Exhibit L, as it may be amended, restated, supplemented or
otherwise modified from time to time.

“Management Investors” shall mean the officers, directors and employees of Holdings,
the Company and the Restricted Subsidiaries who become investors in Holdings, any of its direct or
indirect parent entities or in the Company.

“Mandatory Borrowing” shall have the meaning provided in Section 2.1(c)(ii).

“Master Agreement” shall have the meaning provided in the definition of the term
“Hedging Agreement.”

“Material Adverse Effect” shall mean an effect that results in or causes, or could
reasonably be expected to result in or cause, a material adverse effect on (a) the business,
operations, results of operations, assets, liabilities or condition (financial or otherwise) of the
Company and the Restricted Subsidiaries, taken as a whole, (b) the legality, validity or
enforceability of any Credit Document, (c) the ability of the Credit Parties (taken as a whole) to
perform their respective obligations under the Credit Documents or (d) the rights and remedies of
the US Administrative Agent, the Canadian Administrative Agent, the US Collateral Agent, the
Canadian Collateral Agent or the Lenders under the Credit Documents.

“Maturity Date” shall mean the Revolving Credit Maturity Date, the Letter of Credit
Maturity Date, the Swingline Maturity Date or maturity date related to any Extension Series of
Extended US Revolving Credit Commitments or Extended Canadian Revolving Credit Commitments, as
applicable.

“Merger Consideration” shall mean the cash received (or entitled to be received) under
the Purchase Agreement in connection with the First Merger by the equity holders of the Target in
exchange for their Capital Stock (and any options or warrants or stock appreciation or similar
rights issued with respect to such Capital Stock) in the Target.

“Merger Funds” shall mean the total sources required to pay the Merger Consideration,
the Refinancing and the Transaction Expenses.

“Merger Sub” shall mean Carey Acquisition Corp., a Delaware corporation.

“Mergers” shall have the meaning provided in the recitals to this Agreement.

“Minimum Borrowing Amount” shall mean (a) with respect to a Borrowing of Revolving
Credit Loans, $1,000,000 or CDN $1,000,000, and (b) with respect to a Borrowing of Swingline Loans,
$100,000 or CDN $100,000.

“Minority Investment” shall mean any Person (other than a Subsidiary) in which the
Company or any Restricted Subsidiary owns Capital Stock.

“Moody’s” shall mean Moody’s Investors Service, Inc. or any successor by merger or
consolidation to its business.

“Mortgage” shall mean a mortgage or a deed of trust, deed to secure debt, trust deed
or other security document entered into by the owner of a Mortgaged Property with, or in favor of,
the US Collateral Agent or Canadian Collateral Agent, as applicable, for the benefit of the Secured
Parties in respect of that Mortgaged Property, substantially in the form of Exhibit C-1 for
Mortgaged Property located in the United States and in the form of Exhibit C-2 for Mortgaged
Property located in Canada (in each case, with such changes thereto as may be necessary to account
for local law matters) or otherwise in such form as agreed between the Company, the US Collateral
Agent or the Canadian Collateral Agent.

“Mortgage Supporting Documents” shall mean the documents that are to be delivered
under Section 9.14(c) with respect to any Mortgage for any Mortgaged Property.

 

33

 

“Mortgaged Property” shall mean, initially, each parcel of Real Property owned by a
Credit Party and identified on Schedule 1.1(b), and each other parcel of Real Property with respect
to which a Mortgage is required to be granted pursuant to Section 9.14(b).

“Multiemployer Plan” shall mean a multiemployer plan as defined in Section 4001(a)(3)
of ERISA to which the Company, a Subsidiary or an ERISA Affiliate had an obligation to contribute
over the five preceding calendar years.

“Net Orderly Liquidation Value Percentage” shall mean, (a) with respect to Eligible
Inventory, the value of Eligible Inventory that is estimated to be recoverable in an orderly
liquidation thereof, net of all costs of liquidation thereof, based upon the most recent Inventory
Appraisal conducted in accordance with this Agreement and expressed as a percentage of cost of such
Eligible Inventory and (b) with respect to Eligible Equipment, the value of Eligible Equipment that
is estimated to be recoverable in an orderly liquidation thereof, net of all costs of liquidation
thereof, based upon the most recent appraisal conducted in accordance with this Agreement and
expressed as a percentage of cost of such Eligible Equipment.

“New Canadian Revolving Credit Commitments” shall have the meaning provided in Section
2.15.

“New Canadian Revolving Credit Lender” shall have the meaning provided in Section
2.15.

“New Holdings” shall have the meaning provided in the definition of the term
“Holdings.”

“New Revolving Credit Loans” shall have the meaning provided in Section 2.15.

“New Revolving Credit Commitments” shall have the meaning provided in Section 2.15.

“New Revolving Credit Lender” shall have the meaning provided in Section 2.15.

“New US Revolving Credit Commitments” shall have the meaning provided in Section 2.15.

“New US Revolving Credit Lender” shall have the meaning provided in Section 2.15.

“Non-Cash Charges” shall mean (a) any impairment charge or asset write-off or
write-down related to intangible assets (including goodwill), long-lived assets, and investments in
debt and equity securities pursuant to GAAP, (b) all losses from investments recorded using the
equity method, (c) all Non-Cash Compensation Expenses, (d) the non-cash impact of purchase
accounting, (e) the non-cash impact of accounting changes or restatements and (f) other non-cash
charges (provided, in each case, that if any non-cash charges represent an accrual or
reserve for potential cash items in any future period, the cash payment in respect thereof in such
future period shall be subtracted from Consolidated EBITDA to such extent, and excluding
amortization of a prepaid cash item that was paid in a prior period).

“Non-Cash Compensation Expense” shall mean any non-cash expenses and costs that result
from the issuance of stock-based awards, partnership interest-based awards and similar incentive
based compensation awards or arrangements.

“Non-Consenting Lender” shall have the meaning provided in Section 13.7(b).

“Non-Defaulting Lender” shall mean and include each Lender other than a Defaulting
Lender.

“Non-Excluded Taxes” shall have the meaning provided in Section 5.4(a).

“Non-Extension Notice Date” shall have the meaning provided in Section 3.2(b).

“Non-US Lender” shall have the meaning provided in Section 5.4(e).

“Notes Collateral Agent” shall have the meaning provided in the Intercreditor
Agreement.

“Note Liens” shall mean Liens securing the Notes Obligations.

“Notes Obligations” shall have the meaning provided in the Intercreditor Agreement.

 

34

 

“Notes Priority Collateral” shall have the meaning provided in the Intercreditor
Agreement.

“Notice Event” shall mean the occurrence of any one of the following events: (a) the
Excess Availability is (for a period of five consecutive Business Days) less than the greater of
(1) $20.0 million and (2) 15.0% of the sum of (x) the lesser of (I) the US Total Revolving Credit
Commitment at such time and (II) the then-applicable US Borrowing Base and (y) the lesser of (I)
the Canadian Total Revolving Credit Commitment at such time and (II) the then applicable Canadian
Borrowing Base or (b) an Event of Default shall occur and be continuing; provided that, to
the extent that a Notice Event has occurred due to clause (a) of this definition the Notice Event
shall be deemed to be over if Excess Availability shall be equal to or greater than (1) $20.0
million and (2) 15.0% of the sum of (x) the lesser of (I) the US Total Revolving Credit Commitment
at such time and (II) the then-applicable US Borrowing Base and (y) the lesser of (I) the Canadian
Total Revolving Credit Commitment at such time and (II) the then applicable Canadian Borrowing Base
for at least 30 consecutive days and to the extent that the Notice Event has occurred due to clause
(b) of this definition, the Notice Event shall be deemed to be over on the date such Event of
Default is cured or waived or otherwise ceases to exist.

“Notice of Borrowing” shall mean a request of a Borrower in accordance with the terms
of Section 2.3 and substantially in the form of Exhibit F-1 or such other form as shall be approved
by the US Administrative Agent or Canadian Administrative Agent, as applicable (in each case,
acting reasonably).

“Notice of Conversion or Continuation” shall have the meaning provided in Section 2.6.

“Obligations” shall mean, collectively, the US Obligations and the Canadian
Obligations.

“Organizational Documents” shall mean, (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-US jurisdiction), (b) with respect to any limited liability
company, the certificate or articles of formation or organization and operating agreement, (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 (d) with respect to an
unlimited liability company, the memorandum of association and articles of association, and, if
applicable, 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” shall have the meaning provided in Section 5.4(b).

“Painted Coil” shall mean raw material Inventory consisting of uncut aluminum and
steel coil that has been painted.

“Parent” shall mean Carey Investment Holdings Corp., a Delaware corporation.

“Parent Loan” shall mean the $5,000,000 in initial aggregate principal amount of
subordinated convertible promissory notes of the Parent issued to the Sponsor on the Closing Date.

“Participant” shall have the meaning provided in Section 13.6(c)(i).

“PATRIOT ACT” shall have the meaning provided in Section 13.18.

“Payment Conditions” shall mean, at any time of determination with respect to any
Specified Payment, as of the date of such Specified Payment and after giving Pro Forma Effect
thereto, that:

(a) no Default or Event of Default shall have occurred and be continuing or would
result therefrom,

(b) Excess Availability after giving Pro Forma Effect to such Specified Payment shall
not be and, for the 30 consecutive day period immediately prior to the making of such
Specified Payment, shall not have been, less than (i) in the case of Section 10.5(w), 12.5%,
(ii) in the case of Section 10.6(f), 17.5% and (iii) in the case of Section 10.7(a)(iii),
15%, in each case of the sum of (A) the lesser of (x) the US Total Revolving Credit
Commitments at such time and (y) the then-applicable US Borrowing Base (as calculated on a
Pro Forma Basis after giving effect to such Specified Payment) and (B) the lesser of (x)
the Canadian Total Revolving Credit Commitments at such time and (y) the then-applicable
Canadian Borrowing Base (as calculated on a Pro Forma Basis after giving effect to such
Specified Payment) and

 

35

 

(c) the Fixed Charge Coverage Ratio as of the end of the most recently ended Test
Period prior to the making of such Specified Payment, calculated on a Pro Forma Basis to
give effect to such Specified Payment as if such Specified Payment had been made as of the
first day of such period, shall be equal to or greater than 1.00 to 1.00.

“PBGC” shall mean the Pension Benefit Guaranty Corporation established pursuant to
Section 4002 of ERISA, or any successor thereto.

“Pension Plan” shall mean any employee pension benefit plan (as defined in Section
3(2) of ERISA, other than a multiemployer plan as defined in Section 4001 of ERISA) subject to the
provisions of Title IV of ERISA or Section 412 of the Code or Section 302 of ERISA and in respect
of which the Company, a Subsidiary or an ERISA Affiliate is (or, if such Pension Plan were
terminated, would under Section 4062 or Section 4069 of ERISA be deemed to be) an “employer” as
defined in Section 3(5) of ERISA.

“Perfection Certificate” shall mean a certificate of the Borrowers and Guarantors in
the form of Exhibit D or any other form approved by the US Administrative Agent.

“Permitted Acquisition” shall mean any acquisition, by merger or otherwise, by the
Company or any of the Restricted Subsidiaries of assets (including any assets constituting a
business unit, line of business or division) or Capital Stock, so long as

(a) such acquisition and all transactions related thereto shall be consummated in
accordance with all Applicable Laws;

(b) if such acquisition involves the acquisition of Capital Stock of a Person that upon
such acquisition would become a Restricted Subsidiary, such acquisition shall result in the
issuer of such Capital Stock becoming a Restricted Subsidiary and a Guarantor to the extent
required by Section 9.10;

(c) such acquisition shall result in the US Collateral Agent or the Canadian Collateral
Agent, as applicable, for the benefit of the Secured Parties, being granted a security
interest in any Capital Stock or any assets so acquired to the extent required by Sections
9.10, 9.11 and/or 9.14(b);

(d) after giving effect to such acquisition, no Default or Event of Default shall have
occurred and be continuing;

(e) after giving effect to such acquisition, the Company and its Restricted
Subsidiaries shall be in compliance with Section 9.13;

(f) the Fixed Charge Coverage Ratio as of the end of the most recently ended Test
Period prior to such Permitted Acquisition, calculated on a Pro Forma Basis to give effect
to such Permitted Acquisition as if such Permitted Acquisition had been consummated as of
the first day of such period, shall be equal to or greater than 1.00 to 1.00;

(g) in the event that the Permitted Acquisition Consideration for all acquisitions in
any fiscal year exceeds $10,000,000, Excess Availability after giving Pro Forma Effect to
such acquisition shall be not less than 12.5% of the sum of (i) the lesser of (x) the
aggregate US Total Revolving Credit Commitments at such time and (y) the then-applicable US
Borrowing Base (as calculated on a Pro Forma Basis after giving effect to such acquisition)
and (ii) the lesser of (x) the Canadian Total Revolving Credit Commitments at such time and
(y) the then-applicable Canadian Borrowing Base (as calculated on a pro forma basis after
giving effect to such acquisition); and

(h) the Board of Directors of the Person to be acquired shall not have indicated
publicly its opposition to the consummation of such acquisition (unless such opposition has
been publicly withdrawn).

“Permitted Acquisition Consideration” shall mean, in connection with any Permitted
Acquisition, the aggregate amount (as valued at the Fair Market Value of such Permitted Acquisition
at the time such Permitted Acquisition is made) of, without duplication: (a) the purchase
consideration paid or payable in cash for such Permitted Acquisition, whether payable at or prior
to the consummation of such Permitted Acquisition or deferred for payment at any future time,
whether or not any such future payment is subject to the occurrence of any contingency, and
including any and all payments representing the purchase price and any assumptions of Indebtedness
and/or Guarantee Obligations, “earn outs” and other agreements to make any payment the amount of
which is, or the terms of payment of which are, in any respect subject to or contingent upon the
revenues, income, cash flow or profits (or the like) of any Person or business and (b) the
aggregate amount of Indebtedness incurred or assumed in
connection with such Permitted Acquisition; provided in each case, that any such
future payment that is subject to a contingency shall be considered Permitted Acquisition
Consideration only to the extent of the reserve, if any, required under GAAP (as determined at the
time of the consummation of such Permitted Acquisition) to be established in respect thereof by
Holdings, the Borrower or its Restricted Subsidiaries.

 

36

 

“Permitted Cure Securities” shall mean equity securities of Holdings or the Company
(or any direct or indirect parent thereof) having no mandatory redemption, repurchase or similar
requirements prior to 91 days after the latest Revolving Credit Maturity Date hereunder (determined
at the time of issuance), and upon which all dividends or distributions (if any) shall be, prior to
91 days after such latest Revolving Credit Maturity Date hereunder, payable solely in additional
shares of such equity security.

“Permitted Discretion” shall mean the US Administrative Agent’s or Canadian
Administrative Agent’s, as applicable, and the Co-Collateral Agent’s commercially reasonable
judgment in establishing eligibility criteria and Reserves, exercised in good faith in accordance
with customary business practices for similar asset-based lending transactions, based upon their
consideration as to any factor, event, condition or other circumstance which the US Administrative
Agent or Canadian Administrative Agent, as applicable, and the Co-Collateral Agent reasonably
determine: (a) will or could reasonably be expected to adversely affect the quantity, quality, mix
or value of the Eligible Accounts, Eligible Inventory, Eligible Equipment and Eligible Real
Property (including any Applicable Law that may inhibit collection of an Account), the
enforceability or priority of the applicable Collateral Agent’s Liens thereon or the amount which
the Administrative Agents, the Lenders or the Letter of Credit Issuers would be likely to receive
(after giving consideration to delays in payment and costs of enforcement) in the liquidation of
such Eligible Accounts, Eligible Inventory, Eligible Equipment and Eligible Real Property or (b)
that any collateral report or financial information delivered to the US Administrative Agent, the
Canadian Administrative Agent or the Co-Collateral Agent by the Borrowers or any Person on behalf
of thereof is incomplete, inaccurate or misleading in any material respect or (c) creates a Default
or an Event of Default. In exercising such judgment, the US Administrative Agent, the Canadian
Administrative Agent and the Co-Collateral Agent may consider, without duplication, factors already
included in or tested by the definition of Eligible Accounts, Eligible Inventory, Eligible
Equipment and Eligible Real Property, and any other criteria including: (i) changes after the
Closing Date in any concentration of risk with respect to Eligible Accounts from the concentration
of risk set forth in the Disclosed Documents and (ii) any other factors arising after the Closing
Date that affect or that could reasonably be expected to affect the credit risk of lending to the
Borrowers on the security of the Collateral. For the avoidance of doubt, the Permitted Discretion
as it relates to the US Borrowing Base will be exercised by the US Administrative Agent and the
Co-Collateral Agent and as it relates to the Canadian Borrowing Base will be exercised by the
Canadian Administrative Agent and the Co-Collateral Agent.

“Permitted Holders” shall mean, collectively, the Sponsor and the Management
Investors.

“Permitted Investments” shall mean

(a) US Dollars, Canadian Dollars and, with respect to any Foreign Subsidiaries, other
local currencies held by such Foreign Subsidiary, in each case in the ordinary course of
business;

(b) securities issued or unconditionally guaranteed or insured by the United States
government or any agency or instrumentality thereof, or the Canadian government or any
agency or instrumentality thereof, in each case having maturities of not more than 24 months
from the date of acquisition thereof;

(c) securities issued by any state, commonwealth or territory of the United States of
America or any political subdivision or taxing authority of any such state, commonwealth or
territory or any public instrumentality thereof or any political subdivision or taxing
authority of any such state, commonwealth or territory or any public instrumentality thereof
or Canadian province or territory or any public instrumentality thereof, in each case,
having maturities of not more than 24 months from the date of acquisition thereof and, at
the time of acquisition, having an investment grade rating generally obtainable from either
S&P or Moody’s (or, if at any time neither S&P nor Moody’s shall be rating such obligations,
then from another nationally recognized rating service);

(d) commercial paper or variable or fixed rate notes issued by or guaranteed by any
Lender or any bank holding company owning any Lender;

(e) commercial paper or variable or fixed rate notes maturing no more than 12 months
after the date of creation thereof and, at the time of acquisition, having a rating of at
least A-2 or P-2 from either S&P or Moody’s (or, if at any time neither S&P nor Moody’s
shall be rating such obligations, an equivalent rating from another nationally recognized
rating service);

 

37

 

(f) time deposits with, or domestic and Eurodollar certificates of deposit or bankers’
acceptances maturing no more than two years after the date of acquisition thereof issued by,
any Lender or any other bank having combined capital and surplus of not less than
$250,000,000 in the case of domestic banks and $100,000,000 (or the US Dollar Equivalent
thereof) in the case of foreign banks;

(g) repurchase agreements with a term of not more than 30 days for underlying
securities of the type described in clauses (b), (c) and (f) above entered into with any
bank meeting the qualifications specified in clause (f) above or securities dealers of
recognized national standing;

(h) marketable short-term money market and similar securities having a rating of at
least A-2 or P-2 from either S&P or Moody’s (or, if at any time neither S&P nor Moody’s
shall be rating such obligations, an equivalent rating from another nationally recognized
rating service);

(i) shares of investment companies that are registered under the Investment Company Act
of 1940 and invest solely in one or more of the types of securities described in clauses (a)
through (h) above; and

(j) in the case of investments by any Restricted Foreign Subsidiary or investments made
in a country outside the United States of America, other customarily utilized high-quality
investments in the country where such Restricted Foreign Subsidiary is located or in which
such investment is made.

“Permitted Liens” shall mean:

(a) Liens for taxes, assessments or other governmental charges or claims that are
either (i) not yet due and payable or delinquent and not subject to penalties for nonpayment
or (ii) being diligently contested in good faith by appropriate proceedings for which
appropriate reserves have been established in accordance with GAAP,

(b) Liens in respect of property or assets of the Company or any of its Subsidiaries
imposed by law, such as landlord’s, carriers’, warehousemen’s, repairmen’s, construction
contractors’, materialmen’s, workmen’s suppliers’ and mechanics’ Liens and other similar
Liens, in each case so long as such Liens arise in the ordinary course of business and do
not individually or in the aggregate have a Material Adverse Effect,

(c) Liens arising from judgments or decrees for the payment of money in circumstances
not constituting an Event of Default under Section 11.9,

(d) Liens incurred or pledges or deposits made in connection with workers’
compensation, unemployment insurance and other types of social security or similar
legislation and pledges or deposits securing liabilities to insurance carriers under
insurance or self-insurance arrangements in respect of such obligations, or to secure the
performance of tenders, statutory obligations, surety, stay, customs and appeal bonds, bids,
leases (other than Capitalized Leases), government contracts, trade contracts (other than
for Indebtedness), performance and return-of-money bonds and other similar obligations
(including letters of credit issued in lieu of any such bonds or to support the issuance
thereof and including those to secure health, safety and environmental obligations) incurred
in the ordinary course of business,

(e) ground leases or subleases, licenses or sublicenses in respect of real property on
which facilities owned or leased by the Company or where any of its Subsidiaries are
located,

(f) site plan agreements, subdivision agreements, servicing agreements, development
agreements, reciprocal agreements, easements, rights-of-way, licenses, restrictions
(including zoning restrictions), minor defects, exceptions or irregularities in title,
encroachments, protrusions, permits, covenants, servitudes, rights of expropriation,
watercourse and rights of water and other similar charges or encumbrances, in each case as
do not, in the aggregate, materially detract from the value of the Real Property of the
Company and its Subsidiaries, taken as a whole, or interfere in any material respect with
the business of the Company and its Subsidiaries, taken as a whole, and that were not
incurred in connection with and do not secure any Indebtedness, and to the extent reasonably
agreed by the US Administrative Agent or Canadian Administrative Agent, as applicable, any
exception on the title policies issued in connection with any Mortgaged Property,

(g) any agreements with any Governmental Authority or utility that do not, in the
aggregate, have a material adverse effect on the use or value of Real Property;

 

38

 

(h) any interest or title of a lessor, sublessor, licensor or sublicensor or secured by
a lessor’s, sublessor’s, licensor’s or sublicensor’s interest relating to any lease,
sublease, license or sublicense permitted by this Agreement (including any subordination of
the interest of the lessee, sublessee or licensee under such lease, sublease, license or
sublicense to any Liens in respect of the interest of the lessor, sublessor, licensor or
sublicensor),

(i) Liens in favor of customs and revenue authorities arising as a matter of law to
secure payment of customs duties in connection with the importation of goods,

(j) Liens on goods or inventory the purchase, shipment or storage price of which is
financed by a documentary letter of credit or bankers’ acceptance issued or created for the
account of the Company or any of its Subsidiaries; provided that such Lien secures
only the obligations of the Company or such Subsidiaries in respect of such letter of credit
to the extent permitted under Section 10.1,

(k) customary licenses of intellectual property granted in the ordinary course of
business,

(l) Liens arising from precautionary UCC or PPSA financing statement or similar filings
made in respect of operating leases entered into by the Company or any of its Subsidiaries,

(m) any zoning or similar law or right reserved to, or vested in, any Governmental
Authority to control or regulate the use of any real property that does not materially
interfere with the ordinary course of conduct of the business of the Company and its
Restricted Subsidiaries as currently conducted, taken as a whole,

(n) all rights reserved to or vested in any Governmental Authority by the terms of any
lease, license, franchise, grant or permit held by the applicable Credit Party or a
Subsidiary of a Credit Party or affecting the relevant Real Property and that does not
materially interfere with the ordinary course of conduct of the Credit Parties and their
Subsidiaries (taken as a whole) or by any statutory provision to terminate any such lease,
license, franchise, grant or permit or to require annual or periodic payments as a condition
of the continuance thereof or to distrain against or to obtain a Lien on any property or
assets of the applicable Credit Party or Subsidiary of a Credit Party in the event of
failure to make such annual or other periodic payments, so long as in each event such annual
or other periodic payments are being made,

(o) the Canadian Permitted Liens,

(q) Liens arising out of any license, sublicense or cross-license or intellectual
property permitted by Section 10.4,

(r) Liens on vehicles and equipment of the Company or any Subsidiary granted in the
ordinary course of business, and

(s) Deposits made or other security provided in the ordinary course of business to
secure liability to insurance carriers.

“Permitted Overadvance” shall have the meaning provided in Section 2.1(d).

“Permitted Refinancing Indebtedness” shall mean, with respect to any Indebtedness (the
“Refinanced Indebtedness”) any Indebtedness issued in exchange for, or the net proceeds of
which are used to modify, extend, refinance, renew, replace or refund (collectively to
“Refinance” or a “Refinancing” or “Refinanced”) such Refinanced
Indebtedness (or previous refinancing thereof constituting Permitted Refinancing Indebtedness);
provided that (A) the principal amount (or accreted value, if applicable) of any such
Permitted Refinancing Indebtedness does not exceed the principal amount (or accreted value, if
applicable) of the Refinanced Indebtedness outstanding immediately prior to such Refinancing except
by an amount equal to the unpaid accrued interest and premium thereon plus other reasonable amounts
paid and fees and expenses incurred in connection with such Refinancing plus an amount equal to any
existing commitment unutilized and letters of credit undrawn thereunder and (B) if the Indebtedness
being Refinanced is Indebtedness permitted by Section 10.1(a), 10.1(g), 10.1(i) or 10.1(k), the
direct and contingent obligors with respect to such Permitted Refinancing Indebtedness are not
changed, (C) other than with respect to a Refinancing in respect of Indebtedness permitted pursuant
to Section 10.1(c), such Permitted Refinancing Indebtedness shall have a final maturity date equal
to or later than the final maturity date of, and has a Weighted Average Life to Maturity equal to
or greater than the Weighted Average Life to Maturity of, the Refinanced Indebtedness and (D) if
the Indebtedness being Refinanced is Indebtedness permitted by Section 10.1(a), 10.1(g), 10.1(i) or
10.1(k), the terms and conditions of any such Permitted Refinancing Indebtedness, taken as a whole,
are not materially less favorable to the Lenders than the terms and conditions of the Refinanced
Indebtedness being Refinanced (including, if applicable, as to collateral priority and
subordination, but excluding as
to interest rates, fees, funding discounts and redemption or prepayment premiums);
provided that a certificate of an Authorized Officer of the Company delivered to the US
Administrative Agent at least 10 Business Days prior to the incurrence of such Indebtedness,
together with a reasonably detailed description of the material terms and conditions of such
Indebtedness or drafts of the documentation relating thereto, stating that the Company has
determined in good faith that such terms and conditions satisfy the foregoing requirement shall be
conclusive evidence that such terms and conditions satisfy the foregoing requirement unless the US
Administrative Agent notifies Holdings and the Company within such 10 Business Day period that it
disagrees with such determination (including a reasonable description of the basis upon which it
disagrees).

 

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“Permitted Sale Leaseback” shall mean any Sale Leaseback consummated by the Company or
any of the Restricted Subsidiaries pursuant to Section 10.4(g).

“Person” shall mean any individual, partnership, joint venture, firm, corporation,
limited liability company, association, unlimited liability corporation or company, limited
partnership, trust or other enterprise or any Governmental Authority.

“Pledge Agreements” shall mean, collectively, the US Pledge Agreement, the Canadian
Pledge Agreement — Canadian Credit Parties and the Canadian Pledge Agreement — US Credit Parties.

“Post-Acquisition Period” shall mean, with respect to any Specified Transaction, the
period beginning on the date such Specified Transaction is consummated and ending on the last day
of the fourth full consecutive fiscal quarter immediately following the date on which such
Specified Transaction is consummated.

“PPSA” shall mean the Personal Property Security Act (Ontario), the Civil Code of
Québec or any other applicable Canadian federal, provincial or territorial statute pertaining to
the granting, perfecting, priority or ranking of security interests, liens, hypothecs on personal
property, and any successor statutes, together with any regulations thereunder, in each case as in
effect from time to time. References to sections of the PPSA shall be construed to also refer to
any successor sections.

“Preferred Capital Stock” shall mean any Capital Stock with preferential rights of
payments on dividends or upon liquidation, dissolution or winding up.

“Previous Holdings” shall have the meaning provided in the definition of the term
“Holdings.”

“Prime Rate” shall mean the rate of interest per annum published by the Wall Street
Journal from time to time, as the prime lending rate.

“Priority Payables” shall mean, as to any Canadian Borrower at any time, (a) the full
amount of the liabilities of such Canadian Borrower at such time which (i) have a trust imposed to
provide for payment or a Lien ranking or capable of ranking senior to or pari passu with Liens
securing the Obligations under Applicable Laws of Canada or (ii) have a right imposed to provide
for payment ranking or capable of ranking senior to or pari passu with the Obligations under
Applicable Laws of Canada; including claims for unremitted and/or accelerated rents, taxes, wages,
withholding taxes, harmonized sales tax, goods and services tax, provincial and territorial sales
taxes, and other amounts payable to an insolvency administrator, employee withholdings or
deductions and vacation pay, workers’ compensation obligations, government royalties or pension
fund obligations, in the case of each of clauses (i) and (ii), only to the extent such trust or
Lien has been or may be imposed and (b) at any time after an Event of Default which is continuing,
the amount equal to the percentage applicable to Inventory included in the calculation of the
Canadian Borrowing Base (other than amounts included by virtue of clause (d) thereof) multiplied by
the aggregate Fair Market Value of the Eligible Inventory included in the calculation of the
Canadian Borrowing Base (other than amounts included by virtue of clause (d) thereof) which is
subject to a right of a supplier to repossess goods pursuant to Section 81.1 of the Bankruptcy and
Insolvency Act (Canada) or any similar Applicable Laws of Canada granting revendication or similar
rights to unpaid suppliers (provided that, to the extent such Inventory has been identified
and has been excluded from Eligible Inventory, the amount owing to the supplier shall not be
considered a Priority Payable).

“Pro Forma Adjustment” shall mean, for any Test Period that includes all or any part
of a fiscal quarter included in any Post-Acquisition Period with respect to the Acquired EBITDA of
the applicable Pro Forma Entity or the Consolidated EBITDA of the Company, the pro forma increase
or decrease in such Acquired EBITDA or such Consolidated EBITDA, as the case may be, projected by
the Company in good faith as a result of (a) actions taken, prior to or during such
Post-Acquisition Period, for the purposes of realizing reasonably identifiable and factually
supportable cost savings or (b) any additional costs incurred prior to or during such
Post-Acquisition Period in connection with the combination of the operations of such Pro Forma
Entity with the operations of the Company and its Restricted Subsidiaries; provided that so
long as such actions are taken prior to or during such Post-Acquisition Period or such costs are
incurred prior to or during such Post-Acquisition Period it may be assumed, for purposes of
projecting such pro forma increase or decrease to such Acquired EBITDA or such Consolidated EBITDA,
as the case may be, that such cost savings will be realizable during the entirety of such Test
Period, or such additional costs will be incurred during the entirety of such Test Period; and
provided, further, that any such pro forma increase or decrease to such Acquired
EBITDA or such Consolidated EBITDA, as the case may be, shall be without duplication for cost
savings or additional costs already included in such Acquired EBITDA or such Consolidated EBITDA,
as the case may be, for such Test Period.

 

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“Pro Forma Adjustment Certificate” shall mean any certificate of an Authorized Officer
of the Borrower delivered pursuant to Section 9.1(j) or setting forth the information described in
clause (iv) to Section 9.1(e).

“Pro Forma Basis”, “Pro Forma Compliance” and “Pro Forma Effect” shall
mean, with respect to compliance with any test or covenant hereunder, that (A) to the extent
applicable, the Pro Forma Adjustment shall have been made and (B) all Specified Transactions and
the following transactions in connection therewith shall be deemed to have occurred as of the first
day of the applicable period of measurement in such test or covenant: (a) income statement items
(whether positive or negative) attributable to the property or Person subject to such Specified
Transaction, (i) in the case of a sale, transfer or other disposition of all or substantially all
Capital Stock in any Subsidiary of the Company or any division, product line, or facility used for
operations of the Company or any of its Subsidiaries, shall be excluded, and (ii) in the case of a
Permitted Acquisition or Investment described in the definition of the term “Specified
Transaction”, shall be included, (b) any retirement or repayment of Indebtedness and (c) any
Indebtedness incurred or assumed by the Company or any of its Restricted Subsidiaries in connection
therewith and if such Indebtedness has a floating or formula rate, shall have an implied rate of
interest for the applicable period for purposes of this definition determined by utilizing the rate
that is or would be in effect with respect to such Indebtedness as at the relevant date of
determination; provided that, without limiting the application of the Pro Forma Adjustment
pursuant to (A) above (but without duplication thereof), the foregoing pro forma adjustments may be
applied to any such test or covenant solely to the extent that such adjustments are consistent with
the definition of Consolidated EBITDA and give effect to events (including operating expense
reductions) that are (i) (x) directly attributable to such transaction, (y) expected to have a
continuing impact on the Company and its Restricted Subsidiaries and (z) factually supportable or
(ii) otherwise consistent with the definition of the term “Pro Forma Adjustment”.

“Pro Forma Entity” shall mean any Acquired Entity or Business or any Converted
Restricted Subsidiary.

“Pro Rata Share” shall mean, with respect to any Lender at any time, the percentage
obtained by dividing (a) the sum of the US Revolving Credit Commitments or Canadian Revolving
Commitments, as applicable (or, if such US Revolving Credit Commitments or Canadian Revolving
Commitments, as applicable, are terminated, the US Revolving Credit Exposure or Canadian Revolving
Credit Exposure, as applicable, therein), of such Lender then in effect by (b) the sum of the US
Revolving Credit Commitments or Canadian Revolving Credit Commitments, as applicable (or, if such
US Revolving Credit Commitment or Canadian Revolving Credit Commitments, as applicable, are
terminated, the US Revolving Credit Exposure or Canadian Revolving Credit Exposure, as applicable,
therein) of all US Lenders or Canadian Lenders, as applicable, then in effect; provided,
however, that, if there are no US Revolving Credit Commitments or Canadian Revolving Credit
Commitments, as applicable, and no US Revolving Credit Exposure or Canadian Revolving Credit
Exposure, as applicable, such Lender’s Pro Rata Share shall be determined based on the Pro Rata
Share most recently in effect, after giving effect to any subsequent assignment and any subsequent
non-pro rata payments of any Lender pursuant to Section 13.6.

“Purchase Agreement” shall mean the Agreement and Plan of Merger, dated as of
September 8, 2010, among Parent, Target and Merger Sub, together with all exhibits and schedules
thereto.

“Qualified Capital Stock” shall mean any Capital Stock that is not Disqualified
Capital Stock.

“Qualifying IPO” shall mean the issuance by Holdings (or any direct or indirect parent
of Holdings) or the Company of its common Capital Stock generating (individually or in the
aggregate together with any prior initial public offering) gross proceeds exceeding $100,000,000,
in an underwritten primary public offering (other than a public offering pursuant to a registration
statement on Form S-8) pursuant to an effective registration statement filed with the SEC in
accordance with the Securities Act (whether alone or in connection with a secondary public
offering).

“Real Property” shall mean all now owned and hereafter acquired real property of the
Company and its Restricted Subsidiaries, including leasehold interests, together with all right,
title and interest of the Company and its Restricted Subsidiaries in (a) the buildings, structures,
and other improvements located thereon and (b) all licenses, easements and appurtenances relating
thereto, wherever located, including the real property and related assets of each Borrower and
Guarantor more particularly described in the Mortgages, but excluding all operating fixtures and
Equipment, whether or not incorporated in the buildings, structures and improvements.

“Recipient” shall have the meaning provided in Section 13.16.

 

41

 

“Recovery Event” shall mean (a) any damage to, destruction of or other casualty or
loss involving any property or asset or (b) any seizure, condemnation, confiscation or taking under
the power of eminent domain of, or any requisition of title or use of or relating to, or any
similar event in respect of, any property or asset.

“Reference Lender” shall mean UBS AG, Stamford Branch.

“Refinance” shall have the meaning provided in the definition of the term “Permitted
Refinancing Indebtedness”.

“Refinancing” shall have the meaning provided in Section 6.4(d).

“Register” shall have the meaning provided in Section 13.6(b)(iv).

“Regulation D” shall mean Regulation D of the Board as from time to time in effect and
any successor to all or a portion thereof establishing margin requirements.

“Regulation T” shall mean Regulation T of the Board as from time to time in effect and
any successor to all or a portion thereof establishing margin requirements.

“Regulation U” shall mean Regulation U of the Board as from time to time in effect and
any successor to all or a portion thereof establishing margin requirements.

“Regulation X” shall mean Regulation X of the Board as from time to time in effect and
any successor to all or a portion thereof establishing margin requirements.

“Related Parties” shall mean, with respect to any specified Person, such Person’s
Affiliates and the directors, officers, employees, agents, advisors and other representatives of
such Person or such Person’s Affiliates and any Person that possesses, directly or indirectly, the
power to direct or cause the direction of the management or policies of such Person, whether
through the ability to exercise voting power, by contract or otherwise.

“Release” shall mean any release, spill, emission, discharge, deposit, disposal,
leaking, pumping, pouring, dumping, emptying, injection or leaching into the environment, or into
any structure.

“Reportable Event” shall mean an event described in Section 4043 of ERISA and the
regulations thereunder, other than those events as to which the 30-day notice period referred to in
Section 4043(c) of ERISA has been waived, with respect to a Pension Plan (other than a Pension Plan
maintained by an ERISA Affiliate that is considered an ERISA Affiliate only pursuant to subsection
(m) and (o) of Section 414 of the Code).

“Required Canadian Lenders” shall mean, at any date, Non-Defaulting Lenders having or
holding a majority of the Canadian Adjusted Total Revolving Credit Commitment at such time or, if
the Canadian Total Revolving Credit Commitment has been terminated at such time, a majority of the
outstanding principal amount of the Canadian Revolving Credit Loans and Canadian Letter of Credit
Exposure (excluding the Canadian Letter of Credit Exposure of Defaulting Lenders) at such date.

“Required Lenders” shall mean, at any date, Non-Defaulting Lenders having or holding a
majority of the Adjusted Total Revolving Credit Commitment at such time or, if the Total Revolving
Credit Commitment has been terminated at such time, a majority of the outstanding principal amount
of the Revolving Credit Loans and Letter of Credit Exposure (excluding the Letter of Credit
Exposure of Defaulting Lenders) at such date.

“Required US Lenders” shall mean, at any date, Non-Defaulting Lenders having or
holding a majority of the US Adjusted Total Revolving Credit Commitment at such time or, if the US
Total Revolving Credit Commitment has been terminated at such time, a majority of the outstanding
principal amount of the US Revolving Credit Loans and US Letter of Credit Exposure (excluding the
US Letter of Credit Exposure of Defaulting Lenders) at such date.

“Required Reimbursement Date” shall have the meaning provided in Section 3.4(a).

 

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“Reserves” shall mean reserves deemed necessary by the US Administrative Agent or
Canadian Administrative Agent, as applicable, and the Co-Collateral Agent in their Permitted
Discretion (a) on the Closing Date as set forth in the Borrowing Base Certificate delivered to the
Administrative Agents and the Co-Collateral Agent on or prior to the Closing Date and (b)
thereafter, from time to time, established against the gross amount of Eligible Accounts, Eligible
Inventory, Eligible Real
Property and Eligible Equipment in accordance with Section 2.14, including, without
limitation, the aggregate amount of Bank Product Reserves and which have been consented to by the
Company. Without limiting the generality of the foregoing, Reserves established to ensure the
payment of accrued and unpaid interest pursuant to this Agreement shall be deemed to be a
reasonable exercise of the applicable Administrative Agent’s and the Co-Collateral Agent’s
Permitted Discretion. For the avoidance of doubt, the Reserves established on the US Borrowing
Base will be set by the US Administrative Agent and the Co-Collateral Agent and the Reserves
established on the Canadian Borrowing Base will be established by the Canadian Administrative Agent
and the Co-Collateral Agent.

“Restricted Debt Payment” shall have the meaning provided in Section 10.7(a).

“Restricted Foreign Subsidiary” shall mean each Restricted Subsidiary that is also a
Foreign Subsidiary.

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

“Revolving Credit Commitment” shall mean, at any time, as to any Lender, the aggregate
of such Lender’s US Revolving Credit Commitment and such Lender’s Canadian Revolving Credit
Commitments. The aggregate amount of the Revolving Credit Commitments as of the date hereof is
$225,000,000.

“Revolving Credit Commitment Percentage” shall mean at any time, (i) when used in
respect to the US Credit Facility, for each US Lender, the percentage obtained by dividing (a) such
US Lender’s US Revolving Credit Commitment by (b) the aggregate amount of US Revolving Credit
Commitments of all US Lenders; provided that at any time when the US Total Revolving Credit
Commitment shall have been terminated, each US Lender’s US Revolving Credit Commitment Percentage
shall be its Revolving Credit Commitment Percentage as in effect immediately prior to such
termination and (ii) when used in respect to the Canadian Credit Facility, for each Canadian
Lender, the percentage obtained by dividing (a) such Canadian Lender’s Canadian Revolving Credit
Commitment by (b) the aggregate amount of Canadian Revolving Credit Commitments of all Canadian
Lenders; provided that at any time when the Canadian Total Revolving Credit Commitment
shall have been terminated, each Lender’s Canadian Revolving Credit Commitment Percentage shall be
its Canadian Revolving Credit Commitment Percentage as in effect immediately prior to such
termination and (iii) when used in respect to both Credit Facilities, for each Lender, the
percentage obtained by dividing (a) such Lender’s Revolving Credit Commitment by (b) the aggregate
amount of Revolving Credit Commitments of all Lenders; provided that at any time when the
Total Revolving Credit Commitment shall have been terminated, each Lender’s Revolving Credit
Commitment Percentage shall be its Revolving Credit Commitment Percentage as in effect immediately
prior to such termination.

“Revolving Credit Exposure” shall mean, with respect to any Lender at any time, the
sum of (a) the aggregate principal amount of the Revolving Credit Loans of such Lender then
outstanding and (b) such Lender’s Letter of Credit Exposure at such time.

“Revolving Credit Loans” shall mean, collectively, US Revolving Credit Loans and
Canadian Revolving Credit Loans.

“Revolving Credit Maturity Date” shall mean the date that is five years after the
Closing Date, or, if such date is not a Business Day, the next preceding Business Day.

“Revolving Priority Collateral” shall have the meaning provided in the Intercreditor
Agreement.

“S&P” shall mean Standard & Poor’s Ratings Services or any successor by merger or
consolidation to its business.

“Sale Leaseback” shall mean any transaction or series of related transactions pursuant
to which the Company or any of the Restricted Subsidiaries (a) sells, transfers or otherwise
disposes of any property, real or personal, whether now owned or hereafter acquired, and (b) as
part of such transaction, thereafter rents or leases such property or other property that it
intends to use for substantially the same purpose or purposes as the property being sold,
transferred or disposed of.

“SEC” shall mean the Securities and Exchange Commission or any successor thereto.

“Secondary Mergers” shall have the meaning provided in the recitals to this Agreement.

 

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“Section 9.1 Financials” shall mean the financial statements delivered, or required to
be delivered, pursuant to Section 9.1(a) or 9.1(b), together with the accompanying officer’s
certificate delivered, or required to be delivered, pursuant to Section 9.1(e).

“Secured Cash Management Agreement” shall mean any agreement relating to Cash
Management Services that is entered into by and between Holdings, any Borrower or any Restricted
Subsidiary and a Cash Management Bank.

“Secured Hedging Agreement” shall mean any Hedging Agreement that is entered into by
and between Holdings, any Borrower or any Restricted Subsidiary and a Hedge Bank.

“Secured Leverage Ratio” shall mean, as of any date of determination, the ratio of (a)
Consolidated Secured Indebtedness as of the last day of the relevant Test Period to (b)
Consolidated EBITDA for such Test Period.

“Secured Parties” shall mean (a) the Lenders, (b) the Letter of Credit Issuers, (c)
the Swingline Lender, (d) the US Administrative Agent, (e) the Canadian Administrative Agent, (f)
the US Collateral Agent, (g) the Canadian Collateral Agent, (h) the Co-Collateral Agent, (i) each
Cash Management Bank, (j) each Hedge Bank, (k) the beneficiaries of each indemnification obligation
undertaken by any US Credit Party or Canadian Credit Party under the Credit Documents and (l) any
successors, endorsees, transferees and assigns of each of the foregoing.

“Securities Account Control Agreement” has the meaning specified in the Security
Agreement.

“Securities Act” shall mean the Securities Act of 1933, as amended, and the rules and
regulations promulgated thereunder.

“Security Agreements” shall mean, collectively, the US Security Agreement and the
Canadian Security Agreement.

“Security Documents” shall mean, collectively, the Security Agreements, the Pledge
Agreements, the Mortgages, the Loss Sharing Agreement, the Intercreditor Agreement and each other
security agreement or other instrument or document executed and delivered pursuant to Section 9.10,
Section 9.11 or Section 9.14 or pursuant to any of the Security Documents to secure or perfect the
security interest securing any or all of the Obligations.

“Senior Secured Notes” shall mean those 91⁄8% senior secured notes due 2017 issued by
the Company and co-issued by Carey New Finance, Inc. under the Senior Secured Notes Indenture in an
initial aggregate principal amount of $730,000,000, including any “Exchange Note” issued in an
“Exchange Offer” therefor (as such term is defined in the Senior Secured Notes Indenture).

“Senior Secured Notes Documents” shall mean the Senior Secured Notes Indenture and the
other credit documents referred to therein (including the related guarantee, security, pledge,
mortgage and other collateral documents, the notes, the notes purchase agreement and the
registration rights agreements).

“Senior Secured Notes Indenture” shall mean the indenture for the Senior Secured
Notes, dated as of October 13, 2010 among the Company, Carey New Finance, Inc. and Wells Fargo
Bank, National Association, as trustee.

“Sold Entity or Business” shall have the meaning provided in the definition of the
term “Consolidated EBITDA”.

“Solvent” shall mean, with respect to any Person, at any date, that (a) the sum of
such Person’s debt (including contingent liabilities) does not exceed the present fair saleable
value of such Person’s present assets, (b) such Person’s capital is not unreasonably small in
relation to its business as contemplated on such date, (c) such Person has not incurred and does
not intend to incur, or believe that it will incur, debts including current obligations beyond its
ability to pay such debts as they become due (whether at maturity or otherwise), and (d) such
Person is “solvent” within the meaning given that term and similar terms under applicable
laws relating to fraudulent transfers and conveyances. For purposes of this definition, the amount
of any contingent liability at any time shall be computed as the amount that, in light of all of
the facts and circumstances existing at such time, represents the amount that can reasonably be
expected to become an actual or matured liability (irrespective of whether such contingent
liabilities meet the criteria for accrual under Statement of Financial Accounting Standards No. 5).

“Specified Existing Revolving Credit Commitment Classes” shall have the meaning
provided in Section 2.19(a).

 

44

 

“Specified Obligations” shall mean Obligations consisting of (a) the principal of and
interest on Loans and (b) Unpaid Drawings in respect of Letters of Credit.

“Specified Payment” shall mean any Investment pursuant to Section 10.5(w), any
Dividend pursuant to Section 10.6(f) and any Restricted Debt Payment pursuant to Section
10.7(a)(iii).

“Specified Subsidiary” shall mean, (a) any Restricted Subsidiary whose total assets
(when combined with the assets of such Restricted Subsidiary’s Subsidiaries after eliminating
intercompany obligations) at the last day of the most recent Test Period ended on or prior to such
date of determination were equal to or greater than 5% of the Consolidated Total Assets of the
Company and the Restricted Subsidiaries at such date, (b) any Restricted Subsidiary whose gross
revenues (when combined with the revenues of such Restricted Subsidiary’s Subsidiaries after
eliminating intercompany obligations) for such Test Period were equal to or greater than 5% of the
consolidated gross revenues of the Company and the Restricted Subsidiaries for such period, in each
case determined in accordance with GAAP or (c) each other Restricted Subsidiary that, when such
Restricted Subsidiary’s total assets or gross revenues (when combined with the total assets or
revenues of such Restricted Subsidiary’s Subsidiaries after eliminating intercompany obligations)
are aggregated with each other Restricted Subsidiary (when combined with the total assets or
revenues of such Restricted Subsidiary’s Subsidiaries after eliminating intercompany obligations)
that is the subject of an Event of Default described in Section 11.5 would constitute a “Specified
Subsidiary” under clause (a) or (b) above.

“Specified Transaction” shall mean, with respect to any period, any Permitted
Acquisition or Investment (including acquisitions), sale, transfer or other Disposition of assets
or property, incurrence or repayment of Indebtedness, provision of New Revolving Credit
Commitments, Dividend, Subsidiary designation or other event that by the terms of the Credit
Documents requires “Pro Forma Compliance” with a test or covenant hereunder or requires
such test or covenant to be calculated on a “Pro Forma Basis”.

“Sponsor” shall mean Hellman & Friedman LLC and/or its Affiliates.

“Stated Amount” of any Letter of Credit shall mean the maximum amount from time to
time available to be drawn thereunder, determined without regard to whether any conditions to
drawing could then be met.

“Statutory Reserve Rate” shall mean for any day as applied to any Eurodollar Loan, a
fraction (expressed as a decimal), the numerator of which is the number one and the denominator of
which is the number one minus the aggregate of the maximum reserve percentages that are in
effect on that day (including any marginal, special, emergency or supplemental reserves), expressed
as a decimal, as prescribed by the Board and to which the US Administrative Agent is subject, for
Eurocurrency funding (currently referred to as “Eurocurrency Liabilities” in Regulation D
of the Board). Such reserve percentages shall include those imposed pursuant to such Regulation D.
Eurodollar Loans shall be deemed to constitute Eurocurrency funding and to be subject to such
reserve requirements without benefit of or credit for proration, exemptions or offsets that may be
available from time to time to any Lender under such Regulation D or any comparable regulation.
The Statutory Reserve Rate shall be adjusted automatically on and as of the effective date of any
change in any reserve percentage.

“Subordinated Indebtedness” shall mean any Indebtedness for borrowed money of any
Credit Party or any Restricted Subsidiary of any Credit Party that is subordinated to the
Obligations as to right and time of payment and as to other rights and remedies thereunder.

“Subsidiary” of any Person shall mean and include (a) any corporation more than 50% of
whose stock of any class or classes having by the terms thereof ordinary voting power to elect a
majority of the directors of such corporation (irrespective of whether or not at the time stock of
any class or classes of such corporation shall have or might have voting power by reason of the
happening of any contingency) is at the time owned by such Person directly or indirectly through
Subsidiaries and (b) any limited liability company, partnership, association, joint venture or
other entity in which such Person directly or indirectly through Subsidiaries has more than a 50%
equity interest at the time. Unless otherwise expressly provided, all references herein to a
“Subsidiary” shall mean a Subsidiary of the Company.

“Subsidiary Guarantor” shall mean each Guarantor that is a Subsidiary of the Company.

“Successor Borrower” shall have the meaning provided in Section 10.3(a).

“Supermajority Lenders” shall mean, at any date, Non-Defaulting Lenders having in
excess of 66 2/3% of the Adjusted Total Revolving Credit Commitment at such time or, if the Total
Revolving Credit Commitment has been terminated at such time, a majority of the outstanding
principal amount of the Revolving Credit Loans and Letter of Credit Exposure (excluding the Letter
of Credit Exposure of Defaulting Lenders) at such date.

 

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“Swap Termination Value” shall mean, in respect of any one or more Hedging Agreements,
after taking into account the effect of any legally enforceable netting agreement relating to such
Hedging Agreements, (a) for any date on or after the date such Hedging Agreements 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 Hedging Agreements, as determined based upon one or more
mid-market or other readily available quotations provided by any recognized dealer in such Hedging
Agreements (which may include a Lender or any Affiliate of a Lender).

“Swingline Commitment” shall mean the sum of the US Swingline Commitment and the
Canadian Swingline Commitment.

“Swingline Exposure” shall mean, collectively, the US Swingline Exposure and the
Canadian Swingline Exposure.

“Swingline Lender” shall mean UBS Loan Finance LLC in its capacity as lender of
Swingline Loans hereunder, or such other financial institution who, after the date hereof, shall
agree to act in the capacity of lender of Swingline Loans hereunder.

“Swingline Loans” shall mean, collectively, US Swingline Loans and Canadian Swingline
Loans.

“Swingline Maturity Date” shall mean, with respect to any Swingline Loan, the date
that is five Business Days prior to the Revolving Credit Maturity Date.

“Target” shall have the meaning provided in the recitals to this Agreement.

“Test Period” shall mean, for any determination under this Agreement, the four
consecutive fiscal quarters of the Company then last ended and for which Section 9.1 Financials
have been delivered to the Administrative Agent.

“Total Revolving Credit Commitment” shall mean the sum of the US Total Revolving
Credit Commitment and the Canadian Total Revolving Credit Commitment.

“Transaction Expenses” shall mean any fees or expenses incurred or paid by Sponsor,
Parent, Holdings, the Borrowers, any of their Subsidiaries (including the Target and its
Subsidiaries) or any of their respective Affiliates in connection with the Transactions and the
transactions contemplated hereby and thereby.

“Transactions” shall mean, collectively, (a) the Mergers, (b) the Equity Contribution,
(c) the Refinancing, (d) the entering into the Credit Documents and the funding of the Revolving
Credit Loans on the Closing Date, (e) the entering into the Senior Secured Notes Documents and the
issuance of the Senior Secured Notes pursuant to the Senior Secured Notes Indenture on the Closing
Date and, as applicable, the exchange offer required to be consummated by the Senior Secured Notes
Documents, (f) the consummation of any other transactions connected with the foregoing and (g) the
payment of Transaction Expenses.

“Transferee” shall have the meaning provided in Section 13.6(e).

“Type” shall mean (i) as to any US Revolving Credit Loan, its nature as an ABR Loan or
a Eurodollar Loan or (ii) as to any Canadian Revolving Credit Loan, its nature as a Canadian Base
Rate Loan, ABR Loan, Eurodollar Loan or CDOR Rate Loan.

“UCC” shall mean the Uniform Commercial Code as the same may, from time to time, be
enacted and in effect in the State of New York; provided that to the extent that the UCC is
used to define any term herein or in any Credit Document and such term is defined differently in
different Articles or Divisions of the UCC, the definition of such term contained in Article or
Division 9 shall govern; provided further, that in the event that, by reason of
mandatory provisions of law, any or all of the attachment, perfection or priority of, or remedies
with respect to, the US Collateral Agent’s or any Lender’s Lien on any Collateral is governed by
the Uniform Commercial Code as enacted and in effect in a jurisdiction other than the State of New
York, the term “UCC” shall mean the Uniform Commercial Code as enacted and in effect in
such other jurisdiction solely for purposes of the provisions thereof relating to such attachment,
perfection, priority or remedies and for purposes of definitions related to such provisions.

“Uncontrolled Cash” shall mean all amounts from time to time on deposit in the
Designated Disbursement Accounts.

 

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“Unfunded Current Liability” of any Pension Plan shall mean the amount, if any, by
which the present value of the accrued benefits under the Pension Plan as of the close of its most
recent plan year, determined in accordance with Statement of Financial Accounting Standards No. 87
as in effect on the Closing Date, based upon the actuarial assumptions that would be used by the
Pension Plan’s actuary in a termination of the Pension Plan, exceeds the Fair Market Value of the
assets allocable thereto.

“Unpaid Drawing” shall have the meaning provided in Section 3.4(b).

“Unrestricted Subsidiary” shall mean (a) any Subsidiary of the Company that is formed
or acquired after the Closing Date and is designated as an Unrestricted Subsidiary by the Company
pursuant to Section 9.15 subsequent to the Closing Date, (b) any existing Restricted Subsidiary of
the Company that is designated as an Unrestricted Subsidiary by the Company pursuant to Section
9.15 subsequent to the Closing Date and (c) any Subsidiary of an Unrestricted Subsidiary.

“US Activation Notice” shall have the meaning provided in Section 9.16(b)(i).

“US Adjusted Total Revolving Credit Commitment” shall mean, at any time, the US Total
Revolving Credit Commitment less the aggregate US Revolving Credit Commitments of all
Defaulting Lenders.

“US Administrative Agent” shall mean UBS AG, Stamford Branch, or any successor to UBS
AG, Stamford Branch appointed in accordance with the provisions of Section 12.11, together with its
affiliates, as the US administrative agent for the Lenders under this Agreement and the other
Credit Documents.

“US Administrative Agent’s Office” shall mean the office of the US Administrative
Agent located at 677 Washington Boulevard, Stamford, Connecticut 06901, or such other office as the
US Administrative Agent may hereafter designate in writing as such to the other parties hereto.

“US Borrowers” shall mean (a) the Company, (b) Gentek Holdings, LLC, (c) Gentek
Building Products, Inc. and (c) any other Person that at any time after the Closing Date becomes a
US Borrower pursuant to the terms of Section 9.10.

“US Borrowing Base” shall mean, as of any date, an amount equal to the sum at such
time of (without duplication):

(a) 85% multiplied by the book value of the US Borrowers’ Eligible Accounts at such
time; plus

(b) 85% multiplied by the Net Orderly Liquidation Value Percentage multiplied by the US
Borrowers’ Eligible Inventory,

in each case, less any Reserve established or modified from time to time by the US Administrative
Agent or the Co-Collateral Agent in the exercise of their Permitted Discretion in accordance with
the provisions of Section 2.14.

The US Borrowing Base at any time shall be determined by reference to the most recent
Borrowing Base Certificate theretofore delivered to the Co-Collateral Agent and the US
Administrative Agent with such adjustments as the US Administrative Agent and the Co-Collateral
Agent deem reasonably appropriate in their Permitted Discretion to assure that the US Borrowing
Base is calculated in accordance with the terms of this Agreement.

“US Collateral Agent” shall mean UBS AG, Stamford Branch, or any successor thereto
appointed in accordance with the provisions of Section 12.11, together with its affiliates, as the
US collateral agent for the Secured Parties under this Agreement and the other Credit
Documents. 

“US Collection Account” shall have the meaning provided in Section 9.16(b)(i).

“US Concentration Account” shall have the meaning provided in Section 9.16(b)(i).

“US Concentration Account Bank” shall have the meaning provided in Section 9.16(b)(i).

“US Credit Facility” shall mean the US Revolving Credit Loans and US Letters of Credit
provided to or for the benefit of any US Borrower pursuant to Sections 2 and 3 hereof.

 

47

 

“US Credit Parties” shall mean US Guarantors and US Borrowers; each sometimes being
referred to individually as a “US Credit Party.”

“US Dollar Equivalent” shall mean, at any time, (a) as to any amount denominated in US
Dollars, the amount thereof at such time, and (b) as to any amount denominated in any other
currency, the equivalent amount in US Dollars based on the Exchange Rate in effect on the Business
Day of determination.

“US Excess Availability” shall mean an amount equal to the US Maximum Amount
less the US Total Revolving Credit Outstandings.

“US Guarantee” shall mean the Guarantee, made by each US Guarantor in favor of the US
Collateral Agent for the benefit of the Secured Parties, substantially in the form of Exhibit B-1.

“US Guarantors” shall mean (a) Holdings, (b) the Company, (c) each Domestic Subsidiary
(other than an Excluded Subsidiary) on the Closing Date and (d) each Domestic Subsidiary (other
than an Excluded Subsidiary) that becomes a party to the US Guarantee after the Closing Date
pursuant to Section 9.10.

“US Intercompany Note” shall mean the Intercompany Subordinated Note, dated as of the
Closing Date, substantially in the form of Exhibit J-1 hereto executed by Holdings, the Company and
each other Restricted Subsidiary of the Company.

“US Lender” shall mean, at any time, each Lender having a US Revolving Credit
Commitment or a US Revolving Credit Loan (or US Letter of Credit Exposure) made to any US Borrower
owing to it at such time; sometimes being referred to herein collectively as “US Lenders”.

“US Letter of Credit” shall have the meaning provided in Section 3.1(a).

“US Letter of Credit Exposure” shall mean, with respect to any US Lender, at any time,
the sum of (a) the amount of any US Unpaid Drawings in respect of which such US Lender has made (or
is required to have made) US Revolving Credit Loans pursuant to Section 3.4(a) at such time and (b)
such US Lender’s Revolving Credit Commitment Percentage of the US Letters of Credit Outstanding at
such time (excluding the portion thereof consisting of US Unpaid Drawings in respect of which the
US Lenders have made (or are required to have made) US Revolving Credit Loans pursuant to Section
3.4(a).

“US Letter of Credit Issuer” shall mean (a) UBS AG, Stamford Branch, (b) Wells Fargo
Bank, National Association, (c) Deutsche Bank AG New York and (d) in each case, any one or more
Persons who shall become a US Letter of Credit Issuer pursuant to Section 3.6. Any US Letter of
Credit Issuer may, in its discretion, arrange for one or more US Letters of Credit to be issued by
Affiliates of the US Letter of Credit Issuer, and in each such case the term “US Letter of Credit
Issuer” shall include any such Affiliate with respect to US Letters of Credit issued by such
Affiliate. In the event that there is more than one US Letter of Credit Issuer at any time,
references herein and in the other Credit Documents to the US Letter of Credit Issuer shall be
deemed to refer to the US Letter of Credit Issuer in respect of the applicable US Letter of Credit
or to all US Letter of Credit Issuers, as the context requires.

“US Letter of Credit Participants” shall have the meaning provided in Section 3.3(a).

“US Letter of Credit Participation” shall have the meaning provided in Section 3.3(a).

“US Letter of Credit Sub-Limit” shall mean $22,000,000, as the same may be reduced
from time to time pursuant to Section 4.2.

“US Letters of Credit Outstanding” shall mean, at any time, the sum of, without
duplication, (a) the aggregate Stated Amount of all outstanding US Letters of Credit and (b) the
aggregate amount of all US Unpaid Drawings in respect of all US Letters of Credit.

“US Maximum Amount” shall mean the lesser of (i) the US Borrowing Base in effect from
time to time and (ii) the US Total Revolving Credit Commitment in effect from time to time.

 

48

 

“US Obligations” shall mean the collective reference to:

(a) the due and punctual payment of (i) the principal of and premium, if any, and
interest at the applicable rate provided in this Agreement (including interest accruing
during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding,
regardless of whether allowed or allowable in such proceeding) on the Loans made to the US
Borrowers, when and as due, whether at maturity, by acceleration, upon one or more dates set
for prepayment or otherwise, (ii) each payment required to be made by a US Borrower under
this Agreement in respect of any Letter of Credit, when and as due, including payments in
respect of reimbursement of disbursements, interest thereon and obligations to provide Cash
Collateral, and (iii) all other monetary obligations, including fees, costs, expenses and
indemnities, whether primary, secondary, direct, contingent, fixed or otherwise (including
monetary obligations incurred during the pendency of any bankruptcy, insolvency,
receivership or other similar proceeding, regardless of whether allowed or allowable in such
proceeding), of the US Borrowers or any other US Credit Party to any of the Secured Parties
under this Agreement and the other Credit Documents,

(b) the due and punctual performance of all covenants, agreements, obligations and
liabilities of the US Borrowers under or pursuant to this Agreement and the other Credit
Documents,

(c) the due and punctual payment and performance of all the covenants, agreements, and
liabilities of each US Credit Party under or pursuant to this Agreement or the other Credit
Documents,

(d) the due and punctual payment and performance of all Cash Management Obligations of
a US Credit Party under each Secured Cash Management Agreement and

(e) the due and punctual payment and performance of all Hedging Obligations of a US
Credit Party under each Secured Hedging Agreement.

Notwithstanding the foregoing, (i) the obligations of a US Credit Party under any Secured Cash
Management Agreement or Secured Hedge Agreement shall be secured and guaranteed pursuant to the
Security Documents and the Guarantees only to the extent that, and for so long as, the other US
Obligations are so secured and guaranteed and (ii) any release of Collateral or Guarantors effected
in the manner permitted by this Agreement and the other Credit Document shall not require the
consent of the holders of the Cash Management Obligations under Secured Cash Management Agreements
or the holders of the Hedging Obligations under Secured Hedging Agreements.

“US Permitted Overadvance” shall have the meaning provided in Section 2.1(d).

“US Pledge Agreement” shall mean the US Pledge Agreement, entered into by Holdings,
the US Borrowers, the other pledgors party thereto and the US Collateral Agent for the benefit of
the Secured Parties, substantially in the form of Exhibit E-3.

“US Revolving Credit Commitment” shall mean, (a) with respect to each Lender that is a
Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(a) as
such Lender’s “US Revolving Credit Commitment”, (b) in the case of any Lender that becomes a Lender
after the date hereof, the amount specified as such Lender’s “US Revolving Credit Commitment” in
the Assignment and Acceptance pursuant to which such Lender assumed a portion of the US Total
Revolving Credit Commitment and (c) in the case of any Lender that increases its US Revolving
Credit Commitments or becomes a New US Revolving Credit Lender, in each case pursuant to Section
2.15, the amount specified in the applicable Joinder Agreement, in each case as such US Revolving
Credit Commitment may be reduced or increased from time to time as permitted hereunder. The
aggregate amount of the US Revolving Credit Commitments as of the date hereof is $150,000,000.

“US Revolving Credit Exposure” shall mean, with respect to any US Lender at any time,
the sum of (a) the aggregate principal amount of the US Revolving Credit Loans of such US Lender
then outstanding and (b) such US Lender’s US Letter of Credit Exposure at such time.

“US Revolving Credit Loan” shall have the meaning provided in Section 2.1(a)(i).

“US Security Agreement” shall mean the US Security Agreement, entered into by
Holdings, the US Borrowers, the other grantors party thereto and the US Collateral Agent for the
benefit of the Secured Parties, substantially in the form of Exhibit E-1.

“US Subsidiary Guarantor” shall mean each US Guarantor other than Holdings and the
Company.

“US Swingline Commitment” shall mean $22,000,000.

 

49

 

“US Swingline Exposure” shall mean, with respect to any US Lender, at any time, such
US Lender’s US Revolving Credit Commitment Percentage of the US Swingline Loans outstanding at such
time.

“US Swingline Loans” shall have the meaning provided in Section 2.1(c).

“US Total Revolving Credit Commitment” shall mean the sum of the US Revolving Credit
Commitments of all the US Lenders.

“US Total Revolving Credit Outstanding” shall mean, at any date, the sum of all US
Lenders’ US Revolving Credit Exposure and US Swingline Exposure.

“US Unpaid Drawings” shall have the meaning provided in Section 3.4(a).

“Voting Stock” shall mean, with respect to any Person, shares of such Person’s Capital
Stock having the right to vote for the election of directors of such Person under ordinary
circumstances.

“Weighted Average Life to Maturity” shall mean, when applied to any Indebtedness at
any date, the number of years obtained by dividing: (a) the sum of the products obtained by
multiplying (i) the amount of each then remaining installment, sinking fund, serial maturity or
other required payments of principal, including payment at final maturity, in respect thereof, by
(ii) the number of years (calculated to the nearest one-twelfth) that will elapse between such date
and the making of such payment; by (b) the then outstanding principal amount of such Indebtedness.

“Window Plant WIP” shall mean “work in progress” Inventory staged at the front of
window lines before assembly.

“Withdrawal Liability” shall mean liability to a Multiemployer Plan as a result of a
complete or partial withdrawal from such Multiemployer Plan, as such terms are defined in Title IV
of ERISA.

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

(a) The meanings of defined terms are equally applicable to the singular and plural
forms of the defined terms.

(b) The words “herein”, “hereto”, “hereof” and
“hereunder” and words of similar import when used in any Credit Document shall refer
to such Credit Document as a whole and not to any particular provision thereof.

(c) Section, Exhibit and Schedule references are to the Credit Document in which such
reference appears.

(d) The term “including” is by way of example and not limitation.

(e) The term “documents” includes any and all instruments, documents,
agreements, certificates, notices, reports, financial statements and other writings, however
evidenced, whether in physical or electronic form.

(f) 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”.

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

1.3 Accounting Terms.

(a) 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 in a manner consistent with that used in preparing the Historical Financial
Statements, except as otherwise specifically prescribed herein.

 

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(b) Notwithstanding anything to the contrary herein, for purposes of determining compliance
with any test or covenant contained in this Agreement with respect to any period during which any
Specified Transaction occurs, the Fixed Charge Coverage Ratio and the Secured Leverage Ratio (to
the extent necessary) shall be calculated with respect to such period and such Specified
Transaction on a Pro Forma Basis.

1.4 Rounding. Any financial ratios required to be maintained or complied with by the Company pursuant to
this Agreement (or required to be satisfied in order for a specific action to be permitted under
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).

1.5 References to Agreements, Laws, etc. Unless otherwise expressly provided herein, (a) references to Organizational Documents,
agreements (including the Credit Documents and the Senior Secured Notes Documents) and other
Contractual Obligations shall be deemed to include all subsequent amendments, restatements,
amendment and restatements, extensions, supplements and other modifications thereto, but only to
the extent that such amendments, restatements, amendment and restatements, extensions, supplements
and other modifications are permitted by any Credit Document; and (b) references to any Applicable
Law shall include all statutory and regulatory provisions consolidating, amending, replacing,
supplementing or interpreting such Applicable Law.

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

1.7 Timing of Payment of Performance. When the payment of any obligation or the performance of any covenant, duty or obligation
is stated to be due or performance required on a day which is not a Business Day, the date of such
payment (other than as described in Section 2.9) or performance shall extend to the immediately
succeeding Business Day.

1.8 Currency Equivalents Generally.

(a) For purposes of determining compliance under Sections 10.4, 10.5, 10.6 and 10.11 with
respect to any amount denominated in any currency other than US Dollars (other than with respect to
(a) any amount derived from the financial statements of the Company and the Subsidiaries of the
Company and (b) any Indebtedness), such amount shall be deemed to equal the US Dollar Equivalent
thereof based on the average Exchange Rate for such other currency for the most recent twelve-month
period immediately prior to the date of determination determined in a manner consistent with that
used in calculating Consolidated EBITDA for the related period. For purposes of determining
compliance with Sections 10.1, 10.2 and 10.5, with respect to any amount of Indebtedness in a
currency other than US Dollars, compliance will be determined at the date of incurrence thereof
using the US Dollar Equivalent thereof at the Exchange Rate in effect at the date of such
incurrence.

(b) The US Administrative Agent shall determine the US Dollar Equivalent of (x) the Canadian
Revolving Credit Exposure (i) as of the end of each fiscal quarter of the Company, (ii) on or about
the date of the related notice requesting any extension of credit under the Canadian Credit
Facility and (iii) on any other date, in its reasonable discretion and (y) any other amount to be
converted into US Dollars in accordance with the provisions of this Agreement.

1.9 UCC Terms. The following terms have the meanings given to them in the applicable UCC: “chattel paper”,
“commodity account”, “commodity contract”, “commodity intermediary”, “deposit account”,
“entitlement holder”, “entitlement order”, “equipment”, “financial asset”, “general intangible”,
“goods”, “instruments”, “inventory”, “securities account”, “securities intermediary” and “security
entitlement”.

1.10 PPSA Terms. The following terms have the meanings given to them in the applicable PPSA “chattel paper”,
“entitlement holder”, “entitlement order”, “equipment”, “financial asset”, “futures account”,
“futures contract”, “goods”, “intangible”, “instrument”, “inventory”, “investment property”,
“money”, “securities account”, “securities intermediary” and “security entitlement”.

1.11 Classification of Loans and Borrowings. For purposes of this Agreement, Loans may be classified and referred to by Class (e.g., a
“Revolving Credit Loan”) or by Type (e.g., a “Eurodollar Loan”). Borrowings also
may be classified and referred to by Class (e.g., a “Revolving Credit Borrowing”) or by
Type (e.g., a “Eurodollar Borrowing”).

 

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1.12 Interpretation in Québec. For all purposes pursuant to which the interpretation or construction of this Agreement may
be subject to the laws of the Province of Québec or a court or tribunal exercising jurisdiction in
the Province of Québec, (i) “personal property” shall include “movable property”, (ii) “real
property” shall include “immovable property”, (iii) “tangible property” shall include “corporeal
property”, (iv) “intangible property” shall include “incorporeal property”, (v)
“security interest”, “mortgage” and “lien” shall include a “hypothec”, “prior claim” and a
“resolutory clause”, (vi) all references to filing, registering or recording under the UCC or PPSA
shall include publication under Register of Personal and Movable Real Rights of Québec, (vii) all
references to “perfection” of or “perfected” liens or security interest shall include a reference
to an “opposable” or “set up” lien or security interest as against third parties, (viii) any “right
of offset”, “right of setoff” or similar expression shall include a “right of compensation”, (ix)
“goods” shall include corporeal movable property” other than chattel paper, documents of title,
instruments, money and securities, (x) an “agent” shall include a “mandatary”, (xi) “construction
liens” shall include “legal hypothecs”, (xii) “joint and several” shall include solitary, (xiii)
“gross negligence or willful misconduct” shall be deemed to be “intentional or gross fault”, (xiv)
“beneficial ownership” shall include “ownership on behalf of another as mandatory”, (xv) “easement”
shall include “servitude”, (xvi) “priority” shall include “prior claim”, (xvii) “survey” shall
include “certificate of location and plan”, (xviii) “fee simple title” shall include “absolute
ownership” and (xix) “leasehold interest” shall include “valid lease”.

SECTION 2. Amount and Terms of Credit Facility

2.1 Loans.

(a) Subject to and upon the terms and conditions herein set forth, (i) each US Lender
severally agrees to make a loan or loans in US Dollars (each, a “US Revolving Credit Loan”)
to the US Borrowers, which US Revolving Credit Loans (A) shall not exceed the US Revolving Credit
Commitment of such US Lender (after giving effect thereto and to the application of the proceeds
thereof), (B) shall not, after giving effect thereto and to the application of the proceeds
thereof, at any time result in the US Total Revolving Credit Outstandings at such time exceeding
the US Maximum Amount then in effect, (C) shall be made at any time and from time to time on and
after the Closing Date and prior to the Revolving Credit Maturity Date, (D) may, at the option of
the US Borrowers, be incurred and maintained as, and/or converted into, ABR Loans or Eurodollar
Loans; provided that all US Revolving Credit Loans made by each of the US Lenders pursuant
to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of US
Revolving Credit Loans of the same Type and (E) may be repaid and reborrowed in accordance with the
provisions hereof and (ii) each Canadian Lender severally agrees to make a loan or loans in either
US Dollars or Canadian Dollars (each, a “Canadian Revolving Credit Loan” and, together with
US Revolving Credit Loans, the “Revolving Credit Loans” or the “Loans”) to the
Canadian Borrowers, which Canadian Revolving Credit Loans (A) the US Dollar Equivalent of such
Canadian Revolving Credit Loans shall not exceed the Canadian Revolving Credit Commitment of such
Canadian Lender (after giving effect thereto and to the application of the proceeds thereof), (B)
shall not, after giving effect thereto and to the application of the proceeds thereof, result in
the US Dollar Equivalent of the Canadian Total Revolving Credit Outstandings at such time exceeding
the Canadian Maximum Amount then in effect, (C) shall be made at any time and from time
to time on and after the Closing Date and prior to the Revolving Credit Maturity Date, (D) may, at
the option of the applicable Canadian Borrower, in the case of Canadian Revolving Credit Loans made
in Canadian Dollars be incurred and maintained as, and/or converted into, Canadian Base Rate Loans
or CDOR Rate Loans, and, in the case of Canadian Revolving Credit Loans made in US Dollars, be
incurred and maintained as, and/or converted into, ABR Loans or Eurodollar Loans; provided
that all Canadian Revolving Credit Loans made by each of the Canadian Lenders in the same Currency
and pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist
entirely of Canadian Revolving Credit Loans of the same Type and (E) may be repaid and reborrowed
in accordance with the provisions hereof. On the Revolving Credit Maturity Date, all outstanding
Revolving Credit Loans shall be repaid in full. The obligations of each Lender hereunder shall be
several and not joint.

(b) Each US Lender or Canadian Lender, as applicable, may at its option make any Eurodollar
Loan by causing any domestic or foreign branch or Affiliate of such Lender to make such Loan;
provided that (i) any exercise of such option shall not affect the obligation of the
Borrowers to repay such Loan and (ii) in exercising such option, such Lender shall use its
reasonable efforts to minimize any increased costs to the Borrowers resulting therefrom (which
obligation of the Lender shall not require it to take, or refrain from taking, actions that it
determines would result in increased costs for which it will not be compensated hereunder or that
it determines would be otherwise disadvantageous to it and in the event of such request for costs
for which compensation is provided under this Agreement, the provisions of Section 2.10 shall
apply).

(c) (i) Subject to and upon the terms and conditions herein set forth, (x) the Swingline
Lender in its individual capacity agrees, at any time and from time to time on and after the
Closing Date and prior to the Swingline Maturity Date, to make a loan or loans to the US Borrowers
in Dollars (each, a “US Swingline Loan”) which such US Swingline Loans (A) shall be ABR
Loans, (B) shall have the benefit of the provisions of Section 2.1(c)(ii), (C) shall not exceed at
any time outstanding the US Swingline Commitment, (D) shall not exceed, for any such US Lender, the
US Revolving Credit Commitment of such US Lender, (E) shall not, after giving effect thereto and to
the application of the proceeds thereof, (i) result in the US Total Revolving Credit Outstandings
at such time exceeding the US Maximum Amount then in effect, and (F) may be repaid and reborrowed
in accordance with the provisions hereof and (y) the Swingline Lender in its individual capacity
agrees, at any time and from time to time on and after the Closing Date and prior to the Swingline
Maturity Date, to make a loan or loans to the Canadian Borrowers in Dollars or Canadian Dollars
(each, a “Canadian Swingline Loan” and, together with the US Swingline Loans, the
“Swingline Loans”) which such

 

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Canadian Swingline Loans (A) shall be ABR Loans in the case
of Canadian Swingline Loans
denominated in Dollars and Canadian Base Rate Loans in the case of Canadian Swingline Loans
denominated in Canadian Dollars, (B) shall have the benefit of the provisions of Section
2.1(c)(ii), (C) shall not exceed at any time outstanding the Canadian Swingline Commitment, (D)
shall not exceed for any such Canadian Lender, the Canadian Revolving Credit Commitment of such
Canadian Lender, (E) shall not, after giving effect thereto and to the application of the proceeds
thereof, result at any time in the US Dollar Equivalent of the Canadian Total Revolving Credit
Outstandings at such time exceeding the Canadian Maximum Amount then in effect, and (F) may be
repaid and reborrowed in accordance with the provisions hereof. On the Swingline Maturity Date,
all outstanding Swingline Loans shall be repaid in full. The Swingline Lender shall not make any
Swingline Loan after receiving a written notice from the Company, the US Administrative Agent or
Canadian Administrative Agent stating that a Default or an Event of Default exists and is
continuing until such time as the Swingline Lender shall have received written notice of (x)
rescission of all such notices from the party or parties originally delivering such notice or (y)
the waiver of such Default or Event of Default in accordance with the provisions of Section 13.1 or
that such Default or Event of Default is no longer continuing.

(ii) On any Business Day, the Swingline Lender may, in its sole discretion, give notice to the
Lenders, with a copy to the Company, that all then-outstanding Swingline Loans shall be funded with
a Borrowing of Revolving Credit Loans, in which case, to the extent any US Swingline Loans are
outstanding, US Revolving Credit Loans constituting ABR Loans shall be funded and, to the extent
any Canadian Swingline Loans are outstanding, Canadian Revolving Credit Loans constituting Canadian
Base Rate Loans, in the case of Canadian Swingline Loans made in Canadian Dollars, or constituting
ABR Loans, in the case of Canadian Swingline Loans made in US Dollars, shall be funded, in each
case, as determined by the Swingline Lender (each such Borrowing, a “Mandatory Borrowing”)
and shall be made on the same Business Day (provided that such notice is given to the
Lenders by the Swingline Lender before 1:00 p.m. (New York Time), or otherwise, on the next
Business Day) by all Lenders of the applicable Credit Facility
pro rata based on each such Lender’s
Revolving Credit Commitment Percentage of the applicable Credit Facility, and the proceeds thereof
shall be applied directly to the Swingline Lender to repay the Swingline Lender for such
outstanding Swingline Loans. Each repayment of Swingline Loans shall be made in the same Currency
as advanced by the Swingline Lender. Each Lender hereby irrevocably agrees to make such Revolving
Credit Loans upon one Business Days’ notice pursuant to each Mandatory Borrowing in the amount and
in the manner specified in the preceding sentence and on the date specified to it in writing by the
Swingline Lender notwithstanding (i) that the amount of the Mandatory Borrowing may not comply with
the minimum amount for each Borrowing specified in Section 2.2, (ii) whether any conditions
specified in Section 7 are then satisfied, (iii) whether a Default or an Event of Default has
occurred and is continuing, (iv) the date of such Mandatory Borrowing or (v) any reduction in the
Total Revolving Credit Commitment after any such Swingline Loans were made. In the event that, in
the sole judgment of the Swingline Lender, any Mandatory Borrowing cannot for any reason be made on
the date otherwise required above (including as a result of the commencement of a proceeding under
the Bankruptcy Code in respect of the Borrowers), each Lender hereby agrees that it shall forthwith
purchase from the Swingline Lender (without recourse or warranty) such participation of the
outstanding Swingline Loans as shall be necessary to cause each such Lender to share in such
Swingline Loans ratably based upon their respective Revolving Credit Commitment Percentages of the
applicable Credit Facility; provided that all principal and interest payable on such
Swingline Loans shall be for the account of the Swingline Lender until the date the respective
participation is purchased and, to the extent attributable to the purchased participation, shall be
payable to the Lender purchasing the same from and after such date of purchase.

(d) Permitted Overadvances. Any provision of this Agreement to the contrary
notwithstanding, (i) at the request of the Company, in its discretion the US Administrative Agent
or the Canadian Administrative Agent, as applicable, may (but shall have absolutely no obligation
to), make (i) US Revolving Credit Loans to the US Borrowers on behalf of US Lenders in amounts that
cause the US Total Revolving Credit Outstandings to exceed the US Borrowing Base (any such excess
US Revolving Credit Loans are herein referred to collectively as “US Permitted
Overadvances”) and (ii) Canadian Revolving Credit Loans in either US Dollars or Canadian
Dollars to the Canadian Borrowers on behalf of Canadian Lenders in amounts that cause the Canadian
Total Revolving Credit Outstandings to exceed the US Dollar Equivalent of the Canadian Borrowing
Base (any such excess Revolving Credit Loans are herein referred to collectively as “Canadian
Permitted Overadvances” and, together with any US Permitted Overadvances, “Permitted
Overadvances”); provided that (A) no such event or occurrence shall cause or constitute
a waiver of the US Administrative Agent’s, the Canadian Administrative Agent’s, the Swingline
Lender’s or the Lenders’ right to refuse to make any further Permitted Overadvances, Swingline
Loans or Revolving Credit Loans, issue any Letter of Credit or incur any Letter of Credit Exposure,
as the case may be, at any time that an Permitted Overadvance exists, and (B) no Permitted
Overadvance shall result in a Default or Event of Default due to a Borrower’s failure to comply
with Section 5.2(b) for so long as the US Administrative Agent or the Canadian Administrative
Agent, as applicable, permits such Permitted Overadvance to remain outstanding and such Permitted
Overadvance has not been refinanced pursuant to Section 2.1(e), but solely with respect to the
amount of such Permitted Overadvance. In addition, Permitted Overadvances may be made even if the
conditions to lending set forth in Section 7 have not been met. All Permitted Overadvances shall
constitute ABR Loans, in the case of Permitted Overadvances made to the US Borrowers, Canadian Base
Rate Loans, in the case of Permitted Overadvances made to Canadian Borrowers made in Canadian
Dollars, or ABR Loans, in the case of Permitted Overadvances made to Canadian Borrowers in US
Dollars, shall bear interest at a rate equal to 2% per annum in excess of the sum of the ABR or
Canadian Base Rate, as applicable, plus the Applicable Margin for ABR Loans or Canadian Base Rate
Loans, as applicable, and shall be payable on the earlier of demand or the Revolving Credit
Maturity Date. No Permitted Overadvance may remain outstanding for more than
45 days without the consent of the Required Lenders. The authority of the US Administrative
Agent or the Canadian Administrative Agent, as applicable, to make Permitted Overadvances is
limited to 10% of the US Borrowing Base and 10% of the Canadian Borrowing Base, as determined on
the date of such proposed Permitted Overadvance at any time, shall not cause the US Total Revolving
Credit Outstandings to exceed the Total US Revolving Credit Commitments or the US Dollar Equivalent
of the Canadian Total Revolving Credit Outstandings to exceed the Canadian Total Revolving Credit
Commitments, and may be revoked prospectively by a written notice to the US Administrative Agent or
the Canadian Administrative Agent, as applicable, signed by the Required Lenders.

 

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(e) Refinancing Permitted Overadvances. The US Administrative Agent or Canadian
Administrative Agent, as applicable, may at any time forward a demand to (i) each US Lender that
each US Lender pay to the US Administrative Agent for its account, such Lender’s Pro Rata Share of
all or a portion of the outstanding US Permitted Overadvances that are US Revolving Credit Loans
and (ii) each Canadian Lender that each Canadian Lender pay to the Canadian Administrative Agent,
for its account, such Lender’s Pro Rata Share of all or a portion of the outstanding Canadian
Permitted Overadvances that are Canadian Revolving Credit Loans. Each Lender under the applicable
Credit Facility shall pay such Pro Rata Share to the applicable Administrative Agent. Upon receipt
by the applicable Administrative Agent of such payment (other than during the continuation of any
Event of Default under Section 11.5), such Lender shall be deemed to have made a Revolving Credit
Loan to the applicable Borrowers, which, upon receipt of such payment by the applicable
Administrative Agent, the applicable Borrowers shall be deemed to have used in whole to refinance
such Permitted Overadvance. In addition, regardless of whether any such demand is made, upon the
occurrence of any Event of Default under Section 11.5, each applicable Lender shall be deemed to
have acquired, without recourse or warranty, an undivided interest and participation in each
Permitted Overadvance with respect to the applicable Credit Facility in an amount equal to such
Lender’s Pro Rata Share of such Permitted Overadvance. If any payment made by any Lender as a
result of any such demand is not deemed a Revolving Credit Loan, such payment shall be deemed a
funding by such Lender of such participation. Such participation shall not be otherwise required to
be funded. Upon receipt by an Administrative Agent of any payment from any Lender pursuant to this
Section 2.1(e) with respect to any portion of any Permitted Overadvance, the applicable
Administrative Agent shall promptly pay over to such Lender all payments of principal (to the
extent received after such payment by such Lender) and interest (to the extent accrued with respect
to periods after such payment) received by such Administrative Agent with respect to such portion.

2.2 Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing of Revolving Credit Loans shall be in a
multiple of $1,000,000 or Cdn$1,000,000 and Swingline Loans shall be in a multiple of $100,000 or
Cdn$100,000 and in each case shall not be less than the Minimum Borrowing Amount with respect
thereto (except that (i) Mandatory Borrowings shall be made in the amounts required by Section
2.1(c) and (ii) Minimum Borrowing Amount shall not apply while a Cash Dominion Event is
continuing). More than one Borrowing may be incurred on any date; provided that at no time
shall there be outstanding more than 10 Borrowings of Eurodollar Loans or 10 Borrowings of CDOR
Rate Loans in either case under this Agreement.

2.3 Notice of Borrowing

(a) Whenever a Borrower desires to incur Revolving Credit Loans hereunder (other than
Mandatory Borrowings or borrowings to repay Unpaid Drawings under Letters of Credit), the Company
shall give the US Administrative Agent at the Administrative Agent’s Office, in the case of any
Borrowings of US Revolving Credit Loans or the Canadian Administrative Agent at the Canadian
Administrative Agent’s Office, in the case of any Borrowings of Canadian Revolving Credit Loans,
(i) prior to 1:00 p.m. (New York City time) at least three Business Days’ prior written notice (or
telephonic notice promptly confirmed in writing) of each Borrowing of Eurodollar Loans or CDOR Rate
Loans, and (ii) prior to 1:00 p.m. (New York City time) at least one Business Day’s prior written
notice (or telephonic notice promptly confirmed in writing) of each Borrowing of Revolving Credit
Loans that are to be ABR Loans or Canadian Base Rate Loans. Such notice (together with each notice
of a Borrowing of Swingline Loans pursuant to Section 2.3(b), a “Notice of Borrowing”),
except as otherwise expressly provided in Section 2.10, shall specify (i) whether such Revolving
Credit Loans are to be US Revolving Credit Loans or Canadian Revolving Credit Loans and if such
Revolving Credit Loans are to be Canadian Revolving Credit Loans, whether such Revolving Credit
Loans are to be made in US Dollars or Canadian Dollars, (ii) the aggregate principal amount of the
Revolving Credit Loans to be made pursuant to such Borrowing, (iii) the date of Borrowing (which
shall be a Business Day) and (iv) whether the respective Borrowing shall consist of ABR Loans,
Eurodollar Loans, Canadian Base Rate Loans or CDOR Rate Loans and, if Eurodollar Loans or CDOR Rate
Loans, the Interest Period to be initially applicable thereto. The US Administrative Agent or
Canadian Administrative Agent, as applicable, shall promptly give each Lender under the applicable
Credit Facility written notice (or telephonic notice promptly confirmed in writing) of each
proposed Borrowing of Revolving Credit Loans, of such Lender’s Pro Rata Share thereof and of the
other matters covered by the related Notice of Borrowing.

(b) Whenever a Borrower desires to incur Swingline Loans hereunder, the Company shall give the
Swingline Lender, with a copy to the US Administrative Agent, in the case of a any Borrowings of US
Swingline Loans, or the Canadian Administrative Agent, in the case of any Borrowings of Canadian
Swingline Loans, written notice (or telephonic notice promptly confirmed in writing) of each
Borrowing of Swingline Loans prior to 1:00 p.m. (New York City time) or such later time
as may be agreed by the Swingline Lender on the date of such Borrowing. Each such notice
shall specify (i) the aggregate principal amount of the Swingline Loans to be made pursuant to such
Borrowing, (ii) the date of Borrowing (which shall be a Business Day) and (iii) whether the
Borrowing is US Swingline Loans or Canadian Swingline Loans and if such Borrowing is of Canadian
Swingline Loans, whether such Revolving Credit Loans are to be made in US Dollars or Canadian
Dollars.

 

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(c) Mandatory Borrowings shall be made upon the notice specified in Section 2.1(c)(ii), with
the Borrowers under the applicable Credit Facility irrevocably agreeing, by their incurrence of any
Swingline Loan, to the making of Mandatory Borrowings as set forth in such Section.

(d) Borrowings of Revolving Credit Loans to reimburse Unpaid Drawings under Letters of Credit
shall be made upon the notice specified in Section 3.4(a) or Section 3.4(b), as applicable.

(e) Without in any way limiting the obligation of the Company to confirm in writing any notice
it may give hereunder by telephone, the US Administrative Agent or the Canadian Administrative
Agent, as applicable, may act prior to receipt of written confirmation without liability upon the
basis of such telephonic notice believed by the US Administrative Agent or the Canadian
Administrative Agent, as applicable, in good faith to be from an Authorized Officer of the Company.
In each such case, the Company hereby waives the right to dispute the US Administrative Agent’s or
Canadian Administrative Agent’s, as applicable, record of the terms of any such telephonic notice.

2.4 Disbursement of Funds.

(a) No later than 2:00 p.m. (New York City time) on the date specified in each Notice of
Borrowing (including Mandatory Borrowings), each Lender under the applicable Credit Facility will
make available its Pro Rata Share, if any, of each Borrowing requested to be made on such date in
the manner provided below; provided that all Swingline Loans shall be made available in the
full amount thereof by the Swingline Lender no later than 4:00 p.m. (New York time) on the date
requested.

(b) (i) Each US Lender or Canadian Lender, as applicable, shall make available all amounts in
US Dollars (in the case of a US Revolving Credit Loan) or US Dollars or Canadian Dollars (in the
case of a Canadian Revolving Credit Loan) it is to fund to the Borrowers under the applicable
Credit Facility under any Borrowing in immediately available funds and in US Dollars to the US
Administrative Agent at the US Administrative Agent’s Office in the case of US Revolving Credit
Loans and in the requested Currency to the Canadian Administrative Agent at the Canadian
Administrative Agent’s Office in the case of Canadian Revolving Credit Loans and the applicable
Administrative Agent will (except in the case of Mandatory Borrowings and Borrowings to repay
Unpaid Drawings under Letters of Credit) make available to the relevant Borrower or Borrowers, by
depositing to an account designated by the Company to the applicable Administrative Agent in
writing, the aggregate of the amounts so made available in US Dollars or Canadian Dollars, as
requested. Unless the applicable Administrative Agent shall have been notified by any Lender prior
to the date of any such Borrowing that such Lender does not intend to make available to such
Administrative Agent its portion of the Borrowing or Borrowings to be made on such date, such
Administrative Agent may assume that such Lender has made such amount available to such
Administrative Agent on such date of Borrowing, and such Administrative Agent, in reliance upon
such assumption, may (in its sole discretion and without any obligation to do so) make available to
the Borrowers under the applicable Credit Facility a corresponding amount. If such corresponding
amount is not in fact made available to the applicable Administrative Agent by such Lender and such
Administrative Agent has made available same to the relevant Borrower or Borrowers, such
Administrative Agent shall be entitled to recover such corresponding amount from such Lender. If
such Lender does not pay such corresponding amount forthwith upon the applicable Administrative
Agent’s demand therefor, such Administrative Agent shall promptly notify the relevant Borrower or
Borrowers and such Borrowers shall immediately pay such corresponding amount to such Administrative
Agent. The applicable Administrative Agent shall also be entitled to recover from such Lender or
the relevant Borrower or Borrowers, as the case may be, interest on such corresponding amount in
respect of each day from the date such corresponding amount was made available by such
Administrative Agent to the relevant Borrower or Borrowers, to the date such corresponding amount
is recovered by such Administrative Agent, at a rate per annum equal to (i) if paid by such Lender,
the Federal Funds Effective Rate (or, in the case of Borrowings in Canadian Dollars, the cost to
the Canadian Administrative Agent of acquiring overnight funds in Canadian Dollars) or (ii) if paid
by the relevant Borrower or Borrowers, the then-applicable rate of interest, calculated in
accordance with Section 2.8, for the respective Loans.

(ii) The Swingline Lender shall make available all amounts it is to fund to the US Borrowers
or the Canadian Borrowers, as applicable, under any Borrowing of Swingline Loans in immediately
available funds and in the requested Currency to the relevant Borrower or Borrowers, by depositing
to an account designated by the Company to the Swingline Lender in writing, the aggregate of such
amounts so made available in US Dollars or Canadian Dollars, as requested.

 

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(c) Nothing in this Section 2.4 shall be deemed to relieve any Lender from its obligation to
fulfill its commitments hereunder or to prejudice any rights that the Borrowers may have against
any Lender as a result of any default by such Lender hereunder (it being understood, however, that
no Lender shall be responsible for the failure of any other Lender to fulfill its commitments
hereunder).

2.5 Repayment of Loans; Evidence of Debt.

(a) The US Borrowers shall repay to the US Administrative Agent, for the benefit of the
applicable US Lenders, (i) on the Revolving Credit Maturity Date, all then outstanding US Revolving
Credit Loans, (ii) on the Swingline Maturity Date, all then outstanding US Swingline Loans and
(iii) on the relevant maturity date for any Extension Series of Extended US Revolving Credit
Commitments, all then outstanding Extended US Revolving Credit Loans of such Extension Series. The
Canadian Borrowers shall repay to the Canadian Administrative Agent, for the benefit of the
applicable Canadian Lenders (i) on the Revolving Credit Maturity Date, all then outstanding
Canadian Revolving Credit Loans, (ii) on the Swingline Maturity Date, all their outstanding
Canadian Swingline Loans and (iii) on the relevant maturity date for any Extension Series of
Extended Canadian Revolving Credit Commitments, all then outstanding Extended Canadian Revolving
Credit Loans of such Extension Series. Repayments shall be made in the same Currency as advanced to
the Borrowers.

(b) At all times following the establishment of the Cash Management Systems pursuant to
Section 9.16 and during any Cash Dominion Period, subject to Section 2.18, on each Business Day,
(i) the US Administrative Agent shall apply all funds credited to the US Collection Account as of
1:00 p.m., New York City time, on such Business Day (whether or not immediately available)
first, to prepay any US Permitted Overadvances that may be outstanding, second, to
prepay US Swingline Loans, third, to prepay the US Revolving Credit Loans and
fourth, to Cash Collateralize outstanding US Letter of Credit Exposure and (ii) the
Canadian Administrative Agent shall apply all funds credited to the Canadian Collection Account as
of 1:00 p.m., Toronto time, on such Business Day (whether or not immediately available)
first, to prepay any Canadian Permitted Overadvances that may be outstanding,
second, to prepay Canadian Swingline Loans, third, to prepay the Canadian Revolving
Credit Loans and fourth, to Cash Collateralize outstanding Canadian Letter of Credit
Exposure; provided that if the proceeds from the Canadian Collection Account are inadequate
to repay the Loans under the Canadian Credit Facility, the US Administrative Agent shall apply any
excess balance in the US Collection Account, after the application of proceeds in accordance with
clause (i) above, to the repayment of Permitted Overadvances, Swingline Loans and Revolving Credit
Loans and to the Cash Collateralization of Letters of Credit, in each case under the Canadian
Credit Facility in accordance with this clause (ii). Amounts paid pursuant to this Section 2.5(b)
may be reborrowed subject to the terms and conditions of this Agreement.

(c) Each Lender shall maintain in accordance with its usual practice an account or accounts
evidencing the indebtedness of the applicable Borrowers to the appropriate lending office of such
Lender resulting from each Loan made by such lending office of such Lender from time to time,
including the amounts of principal and interest payable and paid to such lending office of such
Lender from time to time under this Agreement.

(d) The US Administrative Agent, on behalf of the applicable Borrowers, shall maintain the
Register pursuant to Section 13.6(b)(v), and a subaccount for each Lender, in which the Register
and the subaccounts (taken together) shall be recorded (i) the amount of each Loan made hereunder,
whether such Loan is a US Revolving Credit Loan or a Canadian Revolving Credit Loan or a US
Swingline Loan, a Canadian Swingline Loan, the Type of each Loan made, the Currency of each Loan
made, the Class of Loan made and the Interest Period applicable thereto, (ii) the amount of any
principal or interest due and payable or to become due and payable from the applicable Borrowers to
each applicable Lender or the Swingline Lender hereunder and (iii) the amount of any sum received
by the US Administrative Agent and the Canadian Administrative Agent from the applicable Borrowers
and each applicable Lender’s share thereof.

(e) The entries made in the Register and accounts and subaccounts maintained pursuant to
Sections 2.5(c) and 2.5(d) shall, to the extent permitted by Applicable Law, be prima facie
evidence of the existence and amounts of the obligations of the applicable Borrowers therein
recorded; provided, however, that the failure of any Lender or the US
Administrative Agent to maintain such account, such Register or such subaccount, as applicable, or
any error therein, shall not in any manner affect the obligation of the applicable Borrowers to
repay (with applicable interest) the Loans made to the applicable Borrowers in accordance with the
terms of this Agreement.

 

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2.6 Conversions and Continuations.

(a) Each US Borrower shall have the option on any Business Day to convert all or a portion
equal to at least the Minimum Borrowing Amount of the outstanding principal amount of US Revolving
Credit Loans (other than US Swingline Loans) of one Type into a Borrowing or Borrowings of another
Type of US Revolving Credit Loans and each US Borrower shall have the option on any Business Day to
continue the outstanding principal amount of any Eurodollar Loans as Eurodollar Loans for an
additional Interest Period; provided that (i) no partial conversion of Eurodollar Loans
shall reduce the outstanding
principal amount of Eurodollar Loans made pursuant to a single Borrowing to less than the
Minimum Borrowing Amount, (ii) ABR Loans may not be converted into Eurodollar Loans if an Event of
Default is in existence on the date of the conversion and the US Administrative Agent has, or the
Required US Lenders have, determined in its or their sole discretion not to permit such conversion,
(iii) Eurodollar Loans may not be continued as Eurodollar Loans for an additional Interest Period
if an Event of Default is in existence on the date of the proposed continuation and the US
Administrative Agent has, or the Required US Lenders have, determined in its or their sole
discretion not to permit such continuation and (iv) Borrowings resulting from conversions pursuant
to this Section 2.6 shall be limited in number as provided in Section 2.2. Each such conversion or
continuation shall be effected by the Company giving the US Administrative Agent at the US
Administrative Agent’s Office prior to 1:00 p.m. (New York City time) at least three Business Days’
(or one Business Day’s notice in the case of a conversion into ABR Loans) prior written notice (or
telephonic notice promptly confirmed in writing) (each, a “Notice of Conversion or
Continuation”) specifying the Loans to be so converted or continued, the Type of US Revolving
Credit Loans to be converted or continued into and, if such US Revolving Credit Loans are to be
converted into or continued as Eurodollar Loans, the Interest Period to be initially applicable
thereto; provided that if no Interest Period is specified, the Company shall be deemed to
have elected an Interest Period of one month. The US Administrative Agent shall give each US
Lender notice as promptly as practicable of any such proposed conversion or continuation affecting
any of its US Revolving Credit Loans.

(b) Each Canadian Borrower shall have the option on any Business Day to convert all or a
portion equal to at least the Minimum Borrowing Amount of the outstanding principal amount of
Canadian Revolving Credit Loans (other than Canadian Swingline Loans) made in Canadian Dollars of
one Type into a Borrowing or Borrowings of another Type of Canadian Revolving Credit Loans made in
Canadian Dollars and each Canadian Borrower shall have the option on any Business Day to continue
the outstanding principal amount of any CDOR Rate Loans as CDOR Rate Loans for an additional
Interest Period; provided that (i) no partial conversion of CDOR Rate Loans shall reduce
the outstanding principal amount of CDOR Rate Loans made pursuant to a single Borrowing to less
than the Minimum Borrowing Amount, (ii) Canadian Base Rate Loans may not be converted into CDOR
Rate Loans if an Event of Default is in existence on the date of the conversion and the Canadian
Administrative Agent has, or the Required Canadian Lenders have, determined in its or their sole
discretion not to permit such conversion, (iii) CDOR Rate Loans may not be continued as CDOR Rate
Loans for an additional Interest Period if an Event of Default is in existence on the date of the
proposed continuation and the Canadian Administrative Agent has, or the Required Canadian Lenders
have, determined in its or their sole discretion not to permit such continuation and (iv)
Borrowings resulting from conversions pursuant to this Section 2.6 shall be limited in number as
provided in Section 2.2. Each such conversion or continuation shall be effected by the Company by
giving the Canadian Administrative Agent at the Canadian Administrative Agent’s Office prior to
1:00 p.m. (New York City time) at least three Business Days’ (or one Business Day’s notice in the
case of a conversion into Canadian Base Rate Loans) prior written notice (or telephonic notice
promptly confirmed in writing) Notice of Conversion or Continuation specifying the Loans to be so
converted or continued, the Type of Canadian Revolving Credit Loans to be converted or continued
into and, if such Canadian Revolving Credit Loans are to be converted into or continued as CDOR
Rate Loans, the Interest Period to be initially applicable thereto; provided that if no
Interest Period is specified, the Company shall be deemed to have elected an Interest Period of
one-month. The Canadian Administrative Agent shall give each Canadian Lender notice as promptly as
practicable of any such proposed conversion or continuation affecting any of its Canadian Revolving
Credit Loans.

(c) Each Canadian Borrower shall have the option on any Business Day to convert all or a
portion equal to at least the Minimum Borrowing Amount of the outstanding principal amount of
Canadian Revolving Credit Loans (other than Canadian Swingline Loans) made in US Dollars of one
Type into a Borrowing or Borrowings of another Type of Canadian Revolving Credit Loans made in US
Dollars and each Canadian Borrower shall have the option on any Business Day to continue the
outstanding principal amount of any Eurodollar Loans as Eurodollar Loans for an additional Interest
Period; provided that (i) no partial conversion of Eurodollar Loans shall reduce the
outstanding principal amount of Eurodollar Loans made pursuant to a single Borrowing to less than
the Minimum Borrowing Amount, (ii) ABR Loans may not be converted into Eurodollar Loans if an Event
of Default is in existence on the date of the conversion and the Canadian Administrative Agent has,
or the Required Canadian Lenders have, determined in its or their sole discretion not to permit
such conversion, (iii) Eurodollar Loans may not be continued as Eurodollar Loans for an additional
Interest Period if an Event of Default is in existence on the date of the proposed continuation and
the Canadian Administrative Agent has, or the Required Canadian Lenders have, determined in its or
their sole discretion not to permit such continuation and (iv) Borrowings resulting from
conversions pursuant to this Section 2.6 shall be limited in number as provided in Section 2.2.
Each such conversion or continuation shall be effected by the Company by giving the Canadian
Administrative Agent at the applicable Canadian Administrative Agent’s Office prior to 1:00 p.m.
(New York City time) at least three Business Days’ (or one Business Day’s notice in the case of a
conversion into ABR Loans) prior written notice (or telephonic notice promptly confirmed in
writing) Notice of Conversion or Continuation specifying the Loans to be so converted or continued,
the Type of Canadian Revolving Credit Loans to be converted or continued into and, if such Canadian
Revolving Credit Loans are to be converted into or continued as Eurodollar Loans, the Interest
Period to be initially applicable thereto; provided that if no Interest Period is
specified, the Company shall be deemed to have elected an Interest Period of one-month. The
Canadian Administrative Agent shall give each Canadian Lender notice as promptly as practicable of
any such proposed conversion or continuation affecting any of its Canadian Revolving Credit Loans.

 

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(d) If any Event of Default is in existence at the time of any proposed continuation of any
Eurodollar Loans and the US Administrative Agent has, or the Required US Lenders have, determined
in its or their sole discretion not to permit such continuation, Eurodollar Loans shall be
automatically converted on the last day of the current Interest Period into ABR Loans. If, upon
the expiration of any Interest Period in respect of Eurodollar Loans, the Company has failed to
elect a new Interest Period to be applicable thereto as provided in Section 2.6(a), the Company
shall be deemed to have elected to convert such Borrowing of Eurodollar Loans into a Borrowing of
ABR Loans, effective as of the expiration date of such current Interest Period.

(e) If any Event of Default is in existence at the time of any proposed continuation of any
CDOR Rate Loans and the Canadian Administrative Agent has, or the Required Canadian Lenders have,
determined in its or their sole discretion not to permit such continuation, CDOR Rate Loans shall
be automatically converted on the last day of the current Interest Period into Canadian Base Rate
Loans. If, upon the expiration of any Interest Period in respect of CDOR Rate Loans, the Company
has failed to elect a new Interest Period to be applicable thereto as provided in Section 2.6(a),
the Company shall be deemed to have elected to convert such Borrowing of CDOR Rate Loans into a
Borrowing of Canadian Base Rate Loans, effective as of the expiration date of such current Interest
Period.

(f) If any Event of Default is in existence at the time of any proposed continuation of any
Eurodollar Loans and the Canadian Administrative Agent has, or the Required Canadian Lenders have,
determined in its or their sole discretion not to permit such continuation, Eurodollar Loans shall
be automatically converted on the last day of the current Interest Period into ABR Loans. If, upon
the expiration of any Interest Period in respect of Eurodollar Loans, the Company has failed to
elect a new Interest Period to be applicable thereto as provided in Section 2.6(a), the Company
shall be deemed to have elected to convert such Borrowing of Eurodollar Loans into a Borrowing of
ABR Loans, effective as of the expiration date of such current Interest Period.

2.7 Pro Rata Borrowings. Each Borrowing of Revolving Credit Loans (including US Revolving Credit Loans and Canadian
Revolving Credit Loans) under this Agreement shall be granted by the US Lenders or Canadian
Lenders, respectively, pro rata on the basis of their then-applicable US Revolving Credit
Commitment or Canadian Revolving Credit Commitment. It is understood that no Lender shall be
responsible for any default by any other Lender in its obligation to make Loans hereunder and that
each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of
the failure of any other Lender to fulfill its commitments hereunder.

2.8 Interest.

(a) (i) The unpaid principal amount of each ABR Loan shall bear interest from the date of the
Borrowing thereof until maturity (whether by acceleration or otherwise) at a rate per annum that
shall at all times be the Applicable Margin in effect from time to time plus the ABR in
effect from time to time and (ii) the unpaid principal amount of each Canadian Base Rate Loan shall
bear interest from the date of the Borrowing thereof until maturity (whether by acceleration or
otherwise) at a rate per annum that shall at all times be the Applicable Margin in effect from time
to time plus the Canadian Base Rate in effect from time to time.

(b) (i) The unpaid principal amount of each Eurodollar Loan shall bear interest from the date
of the Borrowing thereof until maturity thereof (whether by acceleration or otherwise) at a rate
per annum that shall at all times be the Applicable Margin in effect from time to time plus
the Eurodollar Rate in effect from time to time and (ii) the unpaid principal amount of each CDOR
Rate Loan shall bear interest from the date of the Borrowing thereof until maturity thereof
(whether by acceleration or otherwise) at a rate per annum that shall at all times be the
Applicable Margin in effect from time to time plus the CDOR Rate in effect from time to
time.

(c) If all or a portion of the principal amount of any Loan or any interest payable thereon or
any fees or other amounts due hereunder shall not be paid when due (whether at the stated maturity,
by acceleration or otherwise), such overdue amount shall bear interest (including post-petition
interest in any proceeding under the Bankruptcy Code or other applicable bankruptcy laws) at a rate
per annum that is (i) in the case of overdue principal, the rate that would otherwise be applicable
thereto plus 2% or (ii) in the case of overdue interest, fees or other amounts due
hereunder, to the extent permitted by Applicable Law, the rate described in Section 2.8(a)(i)
plus 2% from and including the date of such non-payment to but excluding the date on which
such amount is paid in full. All such interest shall be payable on demand.

(d) Interest on each Loan shall accrue from and including the date of any Borrowing to but
excluding the date of any repayment thereof and shall be payable (i) in respect of each ABR Loan
and Canadian Base Rate Loan, quarterly in arrears on the last Business Day of each March, June,
September and December, (ii) in respect of each Eurodollar Loan and CDOR Rate Loan, on the last day
of each Interest Period applicable thereto and, in the case of an Interest Period in excess of
three months, on each date occurring at three-month intervals after the first day of such Interest
Period, and (iii) in respect of each
Loan (except, other than in the case of prepayments, any ABR Loan or Canadian Base Rate Loan),
on any prepayment (on the amount prepaid), at maturity (whether by acceleration or otherwise) and,
after such maturity, on demand.

 

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(e) All computations of interest hereunder shall be made in accordance with Section 5.5.

(f) The US Administrative Agent or Canadian Administrative Agent, as applicable, upon
determining the interest rate for any Borrowing of Eurodollar Loans or CDOR Rate Loans, shall
promptly notify the Company and the relevant Lenders thereof. Each such determination shall,
absent clearly demonstrable error, be final and conclusive and binding on all parties hereto.

(g) Subject to the provisions of Section 2.9(iii), whenever any payment hereunder or under the
other Credit Documents shall be stated to be due on a day other than a Business Day, such payment
shall be made on the next succeeding Business Day, and such extension of time shall in such case be
included in the computation of payment of interest or commitment or letter of credit fee or
commission, as the case may be.

2.9 Interest Periods. At the time a Borrower gives a Notice of Borrowing or Notice of Conversion or Continuation
in respect of the making of, or conversion into or continuation as, a Borrowing of Eurodollar Loans
or CDOR Rate Loans (in the case of the initial Interest Period applicable thereto) or prior to 1:00
p.m. (New York City time) on the third Business Day prior to the expiration of an Interest Period
applicable to a Borrowing of Eurodollar Loans or CDOR Rate Loans, as the case may be, the
applicable Borrower shall have the right to elect, by giving the applicable Administrative Agent
written notice (or telephonic notice promptly confirmed in writing), the Interest Period applicable
to such Borrowing, which Interest Period shall, at the option of a Borrower, be a one, two, three
or six month period (or if agreed to by all Lenders participating in the applicable Credit
Facility, a nine or twelve month period or a period shorter than one month); provided that,
notwithstanding the foregoing parenthetical, the initial Interest Period beginning on the Closing
Date may be for a period less than one month if agreed upon by the Company and the applicable
Administrative Agent.

Notwithstanding anything to the contrary contained above:

(i) the initial Interest Period for any Borrowing of Eurodollar Loans or CDOR Rate
Loans shall commence on the date of such Borrowing (including the date of any conversion
from a Borrowing of ABR Loans or Canadian Base Rate Loans, as applicable) and each Interest
Period occurring thereafter in respect of such Borrowing shall commence on the day on which
the next preceding Interest Period expires;

(ii) if any Interest Period relating to a Borrowing of Eurodollar Loans or CDOR Rate
Loans begins on the last Business Day of a calendar month or begins on a day for which there
is no numerically corresponding day in the calendar month at the end of such Interest
Period, such Interest Period shall end on the last Business Day of the calendar month at the
end of such Interest Period;

(iii) if any Interest Period would otherwise expire on a day that is not a Business
Day, such Interest Period shall expire on the next succeeding Business Day; provided
that if any Interest Period in respect of a Eurodollar Loan or CDOR Rate Loans would
otherwise expire on a day that is not a Business Day but is a day of the month after which
no further Business Day occurs in such month, such Interest Period shall expire on the next
preceding Business Day; and

(iv) a Borrower shall not be entitled to elect any Interest Period in respect of any
Eurodollar Loan or CDOR Rate Loans if such Interest Period would extend beyond the
applicable Maturity Date of such Loan.

2.10 Increased Costs, Illegality, etc.

(a) In the event that (x) in the case of clause (i) below, the US Administrative Agent or the
Canadian Administrative Agent, as applicable, or (y) in the case of clauses (ii) and (iii) below,
any Lender shall have reasonably determined (which determination shall, absent clearly demonstrable
error, be final and conclusive and binding upon all parties hereto):

(i) (A) on any date for determining the Eurodollar Rate for any Interest Period that
(x) deposits in the principal amounts of the Loans comprising any Eurodollar Loan are not
generally available in the relevant market or (y) by reason of any changes arising on or
after the Closing Date affecting the interbank Eurodollar market, adequate and fair means do
not exist for ascertaining the applicable interest rate on the basis provided for in the
definition of Eurodollar Rate or (B) on any date for determining the CDOR Rate for any
Interest Period that (x) deposits in the principal amounts of the Loans comprising any CDOR
Rate Loan are not generally available in the relevant market or (y) by
reason of any changes arising on or after the Closing Date affecting the CDOR market,
adequate and fair means do not exist for ascertaining the applicable interest rate on the
basis provided for in the definition of CDOR Rate; or

 

59

 

(ii) that, due to the adoption of any Applicable Law, or any change therein, or any
change in the interpretation or administration thereof by any Governmental Authority,
central bank or comparable agency charged with the interpretation or administration thereof,
in each case, subsequent to the Closing Date, which shall (A) 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 by,
any Lender (except any reserve requirement taken into account in determining the Statutory
Reserve Rate); (B) subject any Lender to any tax of any kind whatsoever with respect to this
Agreement or any Eurodollar Loan or CDOR Rate Loan made by it, or change the basis of
taxation of payments to such Lender in respect thereof (other than (1) taxes indemnified
under Section 5.4, (2) net income taxes and franchise taxes (imposed in lieu of net income
taxes) or, solely in the case of Loans made to a Canadian Borrower, any Canadian federal or
provincial capital taxes, imposed (in each case) on any Agent or Lender as a result of a
present or former connection between such Agent or such Lender and the jurisdiction of the
Governmental Authority imposing such tax (other than any such connection arising from
execution or delivery of, receipt of any payments under, performance under or enforcement
of, or any other transactions occurring pursuant to, this Agreement or any other Credit
Document) or (3) taxes included under clause (e) of Section 5.4); or (C) impose on any
Lender or the London interbank market any other condition, cost or expense affecting this
Agreement or Eurodollar Loans or CDOR Rate Loans made by such Lender, the cost to such
Lender of making, converting into, continuing or maintaining Eurodollar Loans, CDOR Rate
Loans or participating in Letters of Credit (in each case hereunder) shall increase by an
amount which such Lender reasonably deems material or the amounts received or receivable by
such Lender hereunder with respect to the foregoing shall be reduced; or

(iii) at any time, that the making or continuance of any Eurodollar Loan or CDOR Rate
Loan has become unlawful by compliance by such Lender in good faith with any Applicable Law
(or would conflict with any such Applicable Law not having the force of law even though the
failure to comply therewith would not be unlawful), or has become impracticable as a result
of a contingency occurring after the date hereof that materially and adversely affects the
interbank Eurodollar market or CDOR market;

then, and in any such event, such Lender (or the applicable Administrative Agent, in the case of
clause (i) above) shall within a reasonable time thereafter give notice (if by telephone, confirmed
in writing) to the Company and the applicable Administrative Agent of such determination (which
notice the applicable Administrative Agent shall promptly transmit to each of the other Lenders).
Thereafter (x) in the case of clause (i) above, Eurodollar Loans or CDOR Rate Loans shall no longer
be available until such time as the applicable Administrative Agent notifies the Company and the
Lenders that the circumstances giving rise to such notice by the applicable Administrative Agent no
longer exist (which notice the applicable Administrative Agent agrees to give at such time when
such circumstances no longer exist), and any Notice of Borrowing or Notice of Conversion or
Continuation given by a Borrower with respect to Eurodollar Loans or CDOR Rate Loans that have not
yet been incurred shall be deemed rescinded by such Borrower, (y) in the case of clause (ii) above,
the relevant Borrower shall pay to such Lender, promptly (but in any event no later than five
Business Days) after receipt of written demand therefor such additional amounts (in the form of an
increased rate of, or a different method of calculating, interest or otherwise as such Lender in
its reasonable discretion shall determine) as shall be required to compensate such Lender for such
increased costs or reductions in amounts receivable hereunder (it being agreed that a written
notice as to the additional amounts owed to such Lender, showing in reasonable detail the basis for
the calculation thereof, submitted to the Company by such Lender shall, absent clearly demonstrable
error, be final and conclusive and binding upon all parties hereto) and (z) in the case of clause
(iii) above, the Borrowers shall take one of the actions specified in Section 2.10(b) as promptly
as possible and, in any event, within the time period required by Applicable Law.

(b) At any time that any Eurodollar Loan or CDOR Rate Loan is affected by the circumstances
described in Section 2.10(a)(ii) or (iii), the Borrowers may (and in the case of a Eurodollar Loan
or CDOR Rate Loan affected pursuant to Section 2.10(a)(iii) shall) either (x) if the affected
Eurodollar Loan or CDOR Rate Loan is then being made pursuant to a Borrowing, cancel said Borrowing
by giving the applicable Administrative Agent telephonic notice (confirmed promptly in writing)
thereof on the same date that the Company was notified by a Lender pursuant to Section 2.10(a)(ii)
or (iii)or (y) if the affected Eurodollar Loan or CDOR Rate Loan, as applicable, is then
outstanding, upon at least three Business Days’ notice to the applicable Administrative Agent,
require the affected Lender to convert each such Eurodollar Loan into an ABR Loan or each such CDOR
Rate Loan into a Canadian Base Rate Loan, if applicable; provided that if more than one
Lender is affected at any time, then all affected Lenders must be treated in the same manner
pursuant to this Section 2.10(b).

 

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(c) If, after the date hereof, the adoption of any Applicable Law regarding capital adequacy,
or any change therein, or any change in the interpretation or administration thereof by any
Governmental Authority, the National Association of Insurance Commissioners, central bank or
comparable agency charged with the interpretation or administration thereof, or compliance by a
Lender or its parent with any request or directive made or adopted after the date hereof regarding
capital adequacy (whether or not having the force of law) of any such authority, association,
central bank or comparable agency, has or
would have the effect of reducing the rate of return on such Lender’s or its parent’s capital
or assets as a consequence of such Lender’s commitments or obligations hereunder to a level below
that which such Lender or its parent could have achieved but for such adoption, effectiveness,
change or compliance (taking into consideration such Lender’s or its parent’s policies with respect
to capital adequacy), then from time to time, promptly (but no later than five Business Days) after
written demand by such Lender (with a copy to the US Administrative Agent), the Company shall pay
to such Lender such additional amount or amounts as will compensate such Lender or its parent for
such reduction, it being understood and agreed, however, that a Lender shall not be entitled to
such compensation as a result of such Lender’s compliance with, or pursuant to any request or
directive to comply with, any such Applicable Law as in effect on the date hereof. Each Lender,
upon determining in good faith that any additional amounts will be payable pursuant to this Section
2.10(c), will give prompt written notice thereof to the Company (on its own behalf) which notice
shall set forth in reasonable detail the basis of the calculation of such additional amounts,
although the failure to give any such notice shall not, subject to Section 2.13, release or
diminish any of the Borrowers’ obligations to pay additional amounts pursuant to this Section
2.10(c) upon receipt of such notice.

(d) This Section 2.10 shall not apply to taxes to the extent duplicative of Section 5.4.

(e) The agreements in this Section 2.10 shall survive the termination of this Agreement and
the payment of the Loans and all other amounts payable hereunder.

2.11 Compensation. If (a) any payment of principal of a Eurodollar Loan or CDOR Rate Loan is made by a
Borrower to or for the account of a Lender other than on the last day of the Interest Period for
such Eurodollar Loan or CDOR Rate Loan as a result of a payment or conversion pursuant to Section
2.5, 2.6, 2.10, 5.1, 5.2 or 13.7, as a result of acceleration of the maturity of the Loans pursuant
to Section 11 or for any other reason, (b) any Borrowing of Eurodollar Loans or CDOR Rate Loans is
not made as a result of a withdrawn Notice of Borrowing, (c) any ABR Loan or Canadian Base Rate
Loan is not converted into a Eurodollar Loan or CDOR Rate Loan, as applicable, as a result of a
withdrawn Notice of Conversion or Continuation, (d) any Eurodollar Loan or CDOR Rate Loan is not
continued as a Eurodollar Loan or CDOR Rate Loan, as applicable, as a result of a withdrawn Notice
of Conversion or Continuation or (e) any prepayment of principal of a Eurodollar Loan or CDOR Rate
Loan is not made as a result of a withdrawn notice of prepayment pursuant to Section 5.1 or 5.2,
such Borrower shall, after receipt of a written request by such Lender (which request shall set
forth in reasonable detail the basis for requesting such amount and, absent clearly demonstrable
error, the amount requested shall be final and conclusive and binding upon all parties hereto), pay
to the applicable Administrative Agent for the account of such Lender within 10 Business Days of
such request any amounts required to compensate such Lender for any additional losses, costs or
expenses that such Lender may reasonably incur as a result of such payment, failure to convert,
failure to continue, failure to prepay, reduction or failure to reduce, including any loss, cost or
expense (excluding loss of anticipated profits) actually incurred by reason of the liquidation or
reemployment of deposits or other funds acquired by such Lender to fund or maintain such Eurodollar
Loan or CDOR Rate Loan.

2.12 Change of Lending Office. Each Lender agrees that, upon the occurrence of any event giving rise to the operation of
Section 2.10(a)(ii), 2.10(a)(iii), 2.10(c), 3.5 or 5.4 with respect to such Lender, it will, if
requested by the Company, use reasonable efforts (subject to overall policy considerations of such
Lender) to designate another lending office for any Loans affected by such event; provided
that such designation is made on such terms that such Lender and its lending office suffer no
economic, legal or regulatory disadvantage, with the object of avoiding the consequence of the
event giving rise to the operation of any such Section. Nothing in this Section 2.12 shall affect
or postpone any of the obligations of the Borrowers or the right of any Lender provided in Section
2.10, 3.5 or 5.4.

2.13 Notice of Certain Costs. Notwithstanding anything in this Agreement to the contrary, to the extent any notice
required by Section 2.10, 2.11, 3.5 or 5.4 is given by any Lender more than 180 days after such
Lender has knowledge (or should have had knowledge) of the occurrence of the event giving rise to
the additional cost, reduction in amounts, loss, tax or other additional amounts described in such
Sections, such Lender shall not be entitled to compensation under Section 2.10, 2.11, 3.5 or 5.4,
as the case may be, for any such amounts incurred or accruing prior to the giving of such notice to
the Company.

2.14 Reserves, etc.

(a) Notwithstanding anything in this Agreement to the contrary, the US Administrative Agent or
Canadian Administrative Agent, as applicable, and the Co-Collateral Agent may at any time and from
time to time in the exercise of their Permitted Discretion (a) establish and increase or decrease
Reserves and (b) adjust or modify any of the applicable eligibility criteria, establish new
eligibility or ineligibility criteria and reduce advance rates (or, increase advance rates up to
(i) the levels in effect on the Closing Date or (ii) if following the Closing Date, the levels in
effect on the Closing Date have been amended in accordance with Section 13.1(c), the levels after
giving effect to such amendments) with respect to Eligible Accounts, Eligible Inventory, Eligible
Equipment and Eligible Real Property (such change in Reserves, eligibility criteria and/or advance
rates a “Change”); provided that (i) the Administrative Agents or the Co-Collateral
Agent shall have provided the Company at least five Business Days’ prior written notice

 

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of any such
establishment, increase, decrease or adjustment and (ii) the circumstances,
 conditions, events or contingencies arising prior to the Closing Date and disclosed to the Joint
Lead Arrangers, the US Administrative Agent or the Canadian Administrative Agent, as applicable,
and the Co-Collateral Agent in the Disclosed Documents shall not be the basis for any establishment
or modification of Reserves, eligibility criteria or advance rates unless (A) in the case of
Reserves and eligibility criteria, such Reserves or eligibility criteria relate to taxes or (B)
such circumstances, conditions, events or contingencies shall have changed since the Closing Date
(including, but not limited to, with respect to magnitude, intensity, weight and scope). The
amount of any Reserve established by the US Administrative Agent or Canadian Administrative Agent,
as applicable, and the Co-Collateral Agent shall have a reasonable relationship to the event,
condition, other circumstance or new fact that is the basis for the Reserve.

(b) Upon the notification of any Change, the US Administrative Agent or Canadian
Administrative Agent, as applicable, and the Co-Collateral Agent shall be available to discuss such
Change, and the Borrowers may take such action as may be required so that the event, condition,
circumstance or new fact that is the basis for such Change no longer exists. In no event shall
such notice and opportunity limit the right of the US Administrative Agent or Canadian
Administrative Agent, as applicable, and the Co-Collateral Agent to make a Change, unless the US
Administrative Agent or the Canadian Administrative Agent, as applicable, and the Co-Collateral
Agent shall have determined in their Permitted Discretion that the event, condition, other
circumstance or new fact that is the basis for such Change no longer exists or has otherwise been
adequately addressed by the Borrowers.

(c) Notwithstanding anything herein to the contrary, Reserves shall not duplicate eligibility
criteria contained in the definition of “Eligible Account”, “Eligible Inventory”, “Eligible
Equipment” or “Eligible Real Property” and vice versa, or reserves or criteria deducted in
computing the cost or Fair Market Value or book value of any Eligible Account, any Eligible
Inventory, any Eligible Equipment or any Eligible Real Property or the Net Orderly Liquidation
Value of any Eligible Inventory or Eligible Equipment and vice versa.

(d) Anything contained herein to the contrary notwithstanding, (i) any Reserve may be
established or increased by the US Administrative Agent or the Canadian Administrative Agent, as
applicable, or the Co-Collateral Agent without the consent of the other, and (ii) no Reserve may be
decreased or eliminated without the consent of both the applicable Administrative Agent and the
Co-Collateral Agent.

2.15 Incremental Facilities.

(a) At any time and from time to time after the Closing Date, the Company may by written
notice to the US Administrative Agent elect to request prior to the Revolving Credit Maturity Date,
one or more increases to the existing Revolving Credit Commitments of either US Revolving Credit
Commitments (any such increase, the “New US Revolving Credit Commitments”) or Canadian
Revolving Credit Commitments (any such increase, the “New Canadian Revolving Credit
Commitments” and together with the New US Revolving Credit Commitments, the “New Revolving
Credit Commitments”), by an amount not in excess of $150,000,000 in the aggregate (which such
New US Revolving Credit Commitments may increase the US Revolving Credit Commitments or the New
Canadian Revolving Credit Commitment may increase the Canadian Revolving Credit Commitments or may,
at the direction of the Company, be allocated in amounts specified (to equal the respective New US
Revolving Credit Commitments or New Canadian Revolving Credit Commitments, as applicable) to the US
Revolving Credit Commitments or the Canadian Revolving Credit Commitments, as applicable, subject
to the $150,000,000 aggregate limitation above), and not less than $5,000,000 individually, and
integral multiples of $1,000,000 in excess of that amount. Each such notice shall specify (A) the
date (each, an “Increased Amount Date”) on which the Company proposes that such New
Revolving Credit Commitments shall be effective, (B) the identity of each US Lender or other Person
that is a Person that is an Eligible Assignee (each, a “New US Revolving Credit Lender”) to
whom the Company proposes any portion of such New US Revolving Credit Commitments be allocated and
the amounts of such allocations; provided that any US Lender approached to provide all or a
portion of the New US Revolving Credit Commitments may elect or decline, in its sole discretion, to
provide a New US Revolving Credit Commitment and (C) the identity of each Canadian Lender or other
Person that is a Person that is an Eligible Assignee (each, a “New Canadian Revolving Credit
Lender” and, together with the New US Revolving Credit Lenders, the “New Revolving Credit
Lenders”) to whom the Company proposes any portion of such New Canadian Revolving Credit
Commitments be allocated and the amounts of such allocations; provided that any Canadian Lender
approached to provide all or a portion of the New Canadian Revolving Credit Commitments may elect
or decline, in its sole discretion, to provide a New Canadian Revolving Credit Commitment. Such
New Revolving Credit Commitments shall become effective, as of such Increased Amount Date;
provided that (1) no Default or Event of Default shall exist on such Increased Amount Date
after giving effect to such New Revolving Credit Commitments; (2) after giving effect to the
effectiveness of New Revolving Credit Commitments, each of the conditions set forth in Section 7
shall be satisfied; (3) the New Revolving Credit Commitments shall be effected pursuant to one or
more Joinder Agreements executed and delivered by the applicable Borrowers, each New Revolving
Credit Lender and the US Administrative Agent, and each of which shall be recorded in the Register;
(4) the Company shall make any payments required pursuant to Section 2.11 in connection with the
New Revolving Credit Commitments and (5) the Company shall deliver or cause to be delivered any
legal opinions or other documents reasonably requested by the US Administrative Agent in connection
with any such transaction.

 

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(b) On any Increased Amount Date on which New Revolving Credit Commitments are effected,
subject to the satisfaction of the foregoing terms and conditions, (a) each of the Revolving Credit
Lenders of the applicable Credit Facility shall assign to each of the New Revolving Credit Lenders,
and each of the New Revolving Credit Lenders shall purchase from each of the Lenders of the
applicable Credit Facility, at the principal amount thereof, such interests in the Revolving Credit
Loans of the applicable Credit Facility outstanding on such Increased Amount Date as shall be
necessary in order that, after giving effect to all such assignments and purchases, such Revolving
Credit Loans will be held by existing Lenders of the applicable Credit Facility and New Revolving
Credit Lenders ratably in accordance with their Revolving Credit Commitments of the applicable
Credit Facility after giving effect to the addition of such New Revolving Credit Commitments to the
Revolving Credit Commitments of the applicable Credit Facility, (b) each New Revolving Credit
Commitment shall be deemed for all purposes a Revolving Credit Commitment of the applicable Credit
Facility and each Loan made thereunder (a “New Revolving Credit Loan”) shall be deemed, for
all purposes, a Revolving Credit Loan of the applicable Credit Facility and (c) each New Revolving
Credit Lender shall become a Lender with respect to the New Revolving Credit Commitment and all
matters relating thereto. The Administrative Agents and the Lenders hereby agree that the minimum
borrowing and prepayment requirements in Sections 2.2 and 5.1 of this Agreement shall not apply to
the transactions effected pursuant to the immediately preceding sentence.

(c) The US Administrative Agent shall notify Lenders promptly upon receipt of the Company’s
notice of each Increased Amount Date and in respect thereof the New Revolving Loan Commitments and
the New Revolving Loan Lenders, and (z) in the case of each notice to any Lender, the respective
interests in such Lender’s Revolving Credit Loans, in each case subject to the assignments
contemplated by this Section 2.15.

(d) The terms and provisions of the New Revolving Credit Loans shall be identical to the
Revolving Credit Loans of the applicable Credit Facility.

2.16 Interest Act (Canada); Criminal Rate of Interest; Nominal Rate of Interest.

(a) If any provision of this Agreement or any of the other Credit Documents would obligate the
Canadian Borrower or any other Person to make any payment of interest or other amount payable to
the Canadian Administrative Agent, the Canadian Collateral Agent or any Lender in an amount or
calculated at a rate which would be prohibited by law or would result in a receipt by the Canadian
Administrative Agent, the Canadian Collateral Agent or such Lender of interest at a criminal rate
(as construed under the Criminal Code (Canada)), if applicable thereto, then notwithstanding that
provision, that amount or rate shall be deemed to have been adjusted with retroactive effect to the
maximum amount or rate of interest, as the case may be, as would not be so prohibited by law or
result in a receipt by the Canadian Administrative Agent, the Canadian Collateral Agent or such
Lender of interest at a criminal rate, the adjustment to be effected, to the extent necessary, as
follows:

(i) first, by reducing the amount or rate of interest required to be paid to the
Canadian Administrative Agent, the Canadian Collateral Agent or the applicable Lender under
this Section 2.16(a); and

(ii) thereafter, by reducing any fees, commissions, premiums and other amounts required
to be paid to the Canadian Administrative Agent, the Canadian Collateral Agent or the
applicable Lender which would constitute interest for purposes of the Criminal Code
(Canada).

Notwithstanding the provisions of this Section 2.16(a), and after giving effect to all
adjustments contemplated hereby, if the Canadian Administrative Agent, the Canadian Collateral
Agent or the Lender shall have received an amount in excess of the maximum permitted by the
Criminal Code (Canada) or other legal prohibition, then the Canadian Borrower or such other Person
shall be entitled, by notice in writing to the Canadian Administrative Agent, the Canadian
Collateral Agent or applicable Lender, as the case may be, to obtain reimbursement from the
Canadian Administrative Agent, the Canadian Collateral Agent or applicable Lender, as the case may
be, in an amount equal to the excess, and pending reimbursement, the amount of the excess shall be
deemed to be an amount payable by the Canadian Administrative Agent, the Canadian Collateral Agent
or applicable Lender, as the case may be, to the Borrower. Any amount or rate of interest referred
to in this Section 2.16(a) shall be determined in accordance with generally accepted actuarial
practices and principles as an effective annual rate of interest over the term that any Obligation
remains outstanding on the assumption that any charges, fees or expenses that fall within the
meaning of “interest” (as defined in the Criminal Code (Canada)) shall, if they relate to a
specific period of time, be pro-rated over that period of time and otherwise be pro-rated over the
period from the date of the incurrence of the Obligation to its relevant maturity date and, in the
event of a dispute, a certificate of a Fellow of the Canadian Institute of Actuaries appointed by
the Canadian Administrative Agent shall be conclusive for the purposes of that determination.

(b) For the purposes of the Interest Act (Canada) and with respect to Canadian Borrowers only:

(i) whenever any interest or fee payable by the Canadian Borrowers is calculated using
a rate based on a year of 360 days or 365 days, as the case may be, the rate determined
pursuant to such calculation, when expressed as
an annual rate, is equivalent to (x) the applicable rate based on a year of 360 days or
365 days, as the case may be, (y) multiplied by the actual number of days in the calendar
year in which such rate is to be ascertained and (z) divided by 360 or 365, as the case may
be; and

 

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(ii) all calculations of interest payable by the Canadian Borrowers under this
Agreement or any other Credit Document are to be made on the basis of the nominal interest
rate described herein and therein and not on the basis of effective yearly rates or on any
other basis which gives effect to the principle of deemed reinvestment of interest. The
parties hereto acknowledge that there is a material difference between the stated nominal
interest rates and the effective yearly rates of interest and that they are capable of
making the calculations required to determine such effective yearly rates of interest.

2.17 The Company as Agent for Borrowers. Each Borrower hereby irrevocably appoints the Company as its representative, agent and
attorney-in-fact for all purposes under this Agreement and each other Credit Document, and the
Company hereby accepts such appointment. Each Borrower hereby irrevocably appoints and authorizes
the Company (i) to provide the applicable Administrative Agent with all notices with respect to
Loans and Letters of Credit obtained for the benefit of any Borrower and all other notices and
instructions under this Agreement or any other Credit Document and (ii) to take such action as the
Company deems appropriate on its behalf to obtain Loans and Letters of Credit and to exercise such
other powers as are reasonably incidental thereto to carry out the purposes of this Agreement and
the other Credit Documents, including, in the case of each of clauses (i) and (ii) the designation
of interest rates, the delivery or receipt of communications, the preparation and delivery of
Borrowing Base Certificates and financial reports, the receipt and payment of Obligations,
requesting waivers, amendments or other accommodations, taking actions under the Credit Documents
(including in respect of compliance with covenants), and all other dealings with the US
Administrative Agent, the Canadian Administrative Agent, the US Collateral Agent, the Canadian
Collateral Agent, the Co-Collateral Agent, the Letter of Credit Issuers or any Lender. The US
Administrative Agent, the Canadian Administrative Agent, the US Collateral Agent, the Canadian
Collateral Agent, the Letter of Credit Issuers, the Co-Collateral Agent and the Lenders shall be
entitled to rely upon, and shall be fully protected in relying upon, any notice or communication
(including any Notice of Borrowing) delivered by the Company on behalf of any Borrower. The US
Administrative Agent, the Canadian Administrative Agent, the US Collateral Agent, the Canadian
Collateral Agent, the Letter of Credit Issuers, the Co-Collateral Agent and the Lenders may give
any notice or communication with a Borrower hereunder to the Company on behalf of such Borrower.
Each of the US Administrative Agent, the Canadian Administrative Agent, the US Collateral Agent,
the Canadian Collateral Agent, the Letter of Credit Issuers, the Co-Collateral Agent and the
Lenders shall have the right, in its discretion, to deal exclusively with the Company for any or
all purposes under the Credit Documents. Each Borrower agrees that any notice, election,
communication, representation, agreement or undertaking made on its behalf by the Company shall be
binding upon and enforceable against it. Anything contained herein to the contrary
notwithstanding, no Borrower (other than the Company) shall be authorized to request any Borrowing
or Letter of Credit hereunder without the prior written consent of the Company.

2.18 Defaulting Lenders. Notwithstanding any provision of this Agreement to the contrary, if any Lender becomes a
Defaulting Lender, then the following provisions shall apply for so long as such Lender is a
Defaulting Lender:

(a) the Commitment Fee shall cease to accrue on the unfunded portion of the Commitment
of such Lender so long as it is a Defaulting Lender;

(b) if any Swingline Exposure or Letter of Credit Exposure exists at the time a Lender
becomes a Defaulting Lender then:

(i) all or any part of such Swingline Exposure and Letter of Credit Exposure
shall be reallocated among the Non-Defaulting Lenders of the applicable Credit
Facility in accordance with their respective Pro Rata Share thereof but only to the
extent the sum of all such Non-Defaulting Lenders’ Revolving Credit Exposures plus
such Defaulting Lender’s Swingline Exposure and Letter of Credit Exposure does not
exceed the total of all such Non-Defaulting Lenders’ Revolving Credit Commitments;

(ii) if the reallocation described in clause (i) above cannot, or can only
partially, be effected, the Borrowers shall within one Business Day following notice
by the applicable Administrative Agent (x) first, prepay such Defaulting Lender’s
Swingline Exposure and (y) second, Cash Collateralize such Defaulting Lender’s
Letter of Credit Exposure (after giving effect to any partial reallocation pursuant
to clause (i) above) for so long as such Letter of Credit Exposure is outstanding;

(iii) if any portion of such Defaulting Lender’s Letter of Credit Exposure is
Cash Collateralized pursuant to clause (ii) above, the Borrowers shall not be
required to pay any fees pursuant to Section
4.1(c) or with respect to such portion of such Defaulting Lender’s Letter of
Credit Exposure so long as it is Cash Collateralized;

 

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(iv) if any portion of such Defaulting Lender’s Letter of Credit Exposure is
reallocated to the Non-Defaulting Lenders pursuant to clause (i) above, then any
fees provided for in Section 4.1(c) with respect to such portion shall be allocated
among the Non-Defaulting Lenders in accordance with their Pro Rata Share and the
Company shall not be required to pay any such fees to the Defaulting Lender with
respect to such Defaulting Lender’s Letter of Credit Exposure during the period that
such Letter of Credit Exposure is reallocated; or

(v) if any portion of such Defaulting Lender’s Letter of Credit Exposure is
neither Cash Collateralized nor reallocated pursuant to this Section 2.18(b), then,
without prejudice to any rights or remedies of the Letter of Credit Issuer or any
Lender hereunder, the any fees provide for in Section 4.1(c) payable with respect to
such Defaulting Lender’s Letter of Credit Exposure shall be payable to the Letter of
Credit Issuer until such Letter of Credit Exposure is Cash Collateralized and/or
reallocated;

(c) so long as any Lender is a Defaulting Lender, the Swingline Lender shall not be
required to fund any Swingline Loan and the Letter of Credit Issuer shall not be required to
issue, amend or increase any Letter of Credit, unless it is reasonably satisfied that the
related exposure will be 100% covered by the Revolving Credit Commitments of the
Non-Defaulting Lenders of the applicable Credit Facility and/or Cash Collateralized in
accordance with Section 2.18(b), and participations in any such newly issued or
increased Letter of Credit or newly made Swingline Loan shall be allocated among
Non-Defaulting Lenders in accordance with their respective Pro Rata Share (and Defaulting
Lenders of the applicable Credit Facility shall not participate therein);

(d) the Commitment and Revolving Credit Exposure of such Defaulting Lender shall not be
included in determining whether all Lenders, the Supermajority Lender, the Required US
Lender, the Required Canadian Lenders or the Required Lenders have taken or may take any
action hereunder (including any consent to any amendment or waiver pursuant to Section
13.1); provided that any waiver, amendment or modification requiring the consent of
all Lenders or each affected Lender which affects such Defaulting Lender differently than
other affected Lenders shall require the consent of such Defaulting Lender;

(e) to the extent permitted by Applicable Law, (i) any voluntary prepayment of
Revolving Credit Loans shall, if the Company so directs at the time of making such voluntary
prepayment, be applied to the Revolving Credit Loans of other Lenders as if such Defaulting
Lender had no Revolving Credit Loans outstanding and the Revolving Credit Exposure of such
Defaulting Lender were zero, and (ii) any mandatory prepayment of the Revolving Credit Loans
shall, if the Company so directs at the time of making such mandatory prepayment, be applied
to the Revolving Credit Loans of other Lenders, but not to the Revolving Credit Loans of
such Defaulting Lender, it being understood and agreed that the Company shall be entitled to
retain any portion of any mandatory prepayment of the Revolving Credit Loans that is not
paid to such Defaulting Lender solely as a result of the operation of the provisions of this
clause (e).

(f) any amount payable to such Defaulting Lender hereunder (whether on account of
principal, interest, fees or otherwise) may, in lieu of being distributed to such Defaulting
Lender, be retained by the applicable Administrative Agent in a segregated non-interest
bearing account and, subject to any Applicable Law, be applied at such time or times as may
be determined by the applicable Administrative Agent (i) first, to the payment of
any amounts owing by such Defaulting Lender to the applicable Administrative Agent
hereunder, (ii) second, pro rata, to the payment of any amounts owing by such
Defaulting Lender to the Letter of Credit Issuers or Swingline Lender hereunder, (iii)
third, to the funding of any Loan or the funding or Cash Collateralization of any
participation in any Swingline Loan or Letter of Credit in respect of which such Defaulting
Lender has failed to fund its portion thereof as required by this Agreement, as determined
by the applicable Administrative Agent, (iv) fourth, if so determined by the
applicable Administrative Agent and the Company, held in such interest bearing account as
Cash Collateral and released in order to satisfy any future funding obligations of the
Defaulting Lender under this Agreement, (v) fifth, pro rata, to the payment of any
amounts owing to the Borrowers or the Lenders as a result of any judgment of a court of
competent jurisdiction obtained by any Borrower or any Lender against such Defaulting Lender
as a result of such Defaulting Lender’s breach of its obligations under this Agreement and
(vi) sixth, to such Defaulting Lender or as otherwise directed by a court of
competent jurisdiction; provided that if such payment is a payment of the principal
amount of any Loans or Unpaid Drawings which a Defaulting Lender has funded its
participation obligations, such payment shall be applied to pay the Loans of, and Unpaid
Drawing owed to, all Non-Defaulting Lenders pro rata prior to being applied in the manner
set forth in this Section 2.18(f).

 

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In the event that the US Administrative Agent, the Canadian Administrative Agent, the Company, the
Letter of Credit Issuers or the Swingline Lender, as the case may be, each agrees that a Defaulting
Lender has adequately remedied all matters that caused such Lender to be a Defaulting Lender, then
the Swingline Exposure and Letter of Credit Exposure of the Lenders shall be readjusted to reflect
the inclusion of such Lender’s Revolving Credit Commitment and on such date such Lender shall
purchase at par such of the Loans of the other Lenders as the applicable Administrative Agent shall
determine may be necessary in order for such Lender to hold such Loans in accordance with its Pro
Rata Share. The rights and remedies against a Defaulting Lender under this Section 2.18 are in
addition to other rights and remedies that the Company, the US Administrative Agent, the Canadian
Administrative Agent, the Letter of Credit Issuers, the Swingline Lender and the Non-Defaulting
Lenders may have against such Defaulting Lender. The arrangements permitted or required by
Section 13.17 shall be permitted under this Agreement, notwithstanding any limitation on
Liens or the pro rata sharing provisions or otherwise.

2.19 Extensions of Revolving Credit Loans and Revolving Credit Commitments.

(a) The Company may at any time and from time to time request that all or a portion of the US
Revolving Credit Commitments (including any previously extended US Revolving Credit Commitments)
existing at the time of such request (each, an “Existing US Revolving Credit Commitment”
and any related revolving credit loans under any such facility, “Existing US Revolving Credit
Loans”) be exchanged to extend the termination date thereof and the scheduled maturity date(s)
of any payment of principal with respect to all or a portion of any principal amount of Existing US
Revolving Credit Loans related to such Existing US Revolving Credit Commitments (any such Existing
US Revolving Credit Commitments which have been so extended, “Extended US Revolving Credit
Commitments” and any related revolving credit loans, “Extended US Revolving Credit
Loans”) and to provide for other terms consistent with this Section 2.19. The Company may at
any time and from time to time request that all or a portion of the Canadian Revolving Credit
Commitments (including any previously extended Canadian Revolving Credit Commitments) existing at
the time of such request (each, an “Existing Canadian Revolving Credit Commitment” and any
related revolving credit loans under any such facility, “Existing Canadian Revolving Credit
Loans”) be exchanged to extend the termination date thereof and the scheduled maturity date(s)
of any payment of principal with respect to all or a portion of any principal amount of Existing
Canadian Revolving Credit Loans related to such Existing Canadian Revolving Credit Commitments (any
such Existing Canadian Revolving Credit Commitments which have been so extended, “Extended
Canadian Revolving Credit Commitments” and any related revolving credit loans, “Extended
Canadian Revolving Credit Loans”) and to provide for other terms consistent with this Section
2.19. Prior to entering into any Extension Agreement with respect to any Extended US Revolving
Credit Commitments or Extended Canadian Revolving Credit Commitments, the Company shall provide a
notice to the US Administrative Agent (who shall provide a copy of such notice to each of the
Lenders of the applicable Credit Facility) (an “Extension Request”) setting forth the
proposed terms of the Extended US Revolving Credit Commitments or Extended Canadian Revolving
Credit Commitments to be established thereunder, which terms shall be identical to those applicable
to the Existing US Revolving Credit Commitments or Existing Canadian Revolving Credit Commitments
from which they are to be extended (the “Specified Existing Revolving Credit Commitment
Classes”) except (x) all or any of the final maturity dates of such Extended US Revolving
Credit Commitments or Extended Canadian Revolving Credit Commitments may be delayed to later dates
than the final maturity dates of the Existing US Revolving Credit Commitments or Existing Canadian
Revolving Credit Commitments of the Specified Existing Revolving Credit Commitment Classes, (y) the
all-in pricing (including, without limitation, margins, fees and premiums) with respect to the
Extended US Revolving Credit Commitments or Extended Canadian Revolving Credit Commitments may be
higher or lower than the all-in pricing (including, without limitation, margins, fees and premiums)
for the Existing US Revolving Credit Commitments or Existing Canadian Revolving Credit Commitments
of the Specified Existing Revolving Credit Commitment Classes and (z) the Commitment Fee with
respect to the Extended US Revolving Credit Commitments or Extended Canadian Revolving Credit
Commitments may be higher or lower than the Commitment Fee for Existing US Revolving Credit
Commitments or Existing Canadian Revolving Credit Commitments of the Specified Existing Revolving
Credit Commitment Classes, in each case, to the extent provided in the applicable Extension
Agreement; provided that, notwithstanding anything to the contrary in this Section 2.19 or
otherwise, (1) the borrowing and repayment (other than in connection with a permanent repayment and
termination of commitments) of the Extended US Revolving Credit Loans under any Extended US
Revolving Credit Commitments or of the Extended Canadian Revolving Credit Loans under any Extended
Canadian Revolving Credit Commitments shall be made on a pro rata basis with any borrowings and
repayments of the Existing US Revolving Credit Loans or Existing Canadian Revolving Credit Loans
(the mechanics for which may be implemented through the applicable Extension Agreement and may
include technical changes related to the borrowing and repayment procedures of the Credit
Facility), (2) assignments and participations of Extended US Revolving Credit Commitments and
Extended US Revolving Credit Loans or of Extended Canadian Revolving Credit Commitments and
Extended Canadian Revolving Credit Loans shall be governed by the assignment and participation
provisions set forth in Section 13.6 and (3)(I) in the case of Section 4.2, no permanent repayment
of Extended US Revolving Credit Loans (and corresponding permanent reduction in the related
Extended US Revolving Credit Commitments) or permanent repayment of Extended Canadian Revolving
Credit Loans (and corresponding permanent reduction in related Extended Canadian Revolving Credit
Commitments) shall be permitted unless all Existing US Revolving Credit Loans and all Existing US
Revolving Credit Commitments or the Existing Canadian Revolving Credit Loans and the Existing
Canadian Revolving Credit Commitments, in either case of the Specified Existing Revolving Credit
Commitment Class, shall have been repaid in full and terminated, respectively and (II) in all other
cases, no termination of Extended US Revolving Credit Commitments, no termination of

 

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 Extended
Canadian Revolving Credit Commitments and no repayment of Extended US Revolving Credit Loans accompanied by a corresponding permanent reduction in
Extended US Revolving Credit Commitments or no repayment of Extended Canadian Revolving Credit
Loans accompanied by a corresponding permanent reduction in Extended Canadian Revolving Credit
Commitments shall be permitted unless such termination or repayment (and corresponding reduction)
is accompanied by at least a pro rata termination or permanent repayment (and corresponding pro
rata permanent reduction), as applicable, of the Existing US Revolving Credit Loans and Existing US
Revolving Credit Commitments or the Existing Canadian Revolving Credit Loans and the Existing
Canadian Revolving Credit Commitments, in either case of the Specified Existing Revolving Credit
Commitment Class (or all Existing US Revolving Credit Commitments of such Class and related
Existing US Revolving Credit Loans shall have otherwise been terminated and repaid in full or all
Existing Canadian Revolving Credit Commitments of such Class and related Existing Canadian
Revolving Credit Loans shall have otherwise been terminated and repaid in full). Any Extended US
Revolving Credit Commitments of any Extension Series or Extended Canadian Revolving Credit
Commitments of any Extension Series shall constitute a separate Class of revolving credit
commitments from Existing US Revolving Credit Commitments or Existing Canadian Revolving Credit
Commitments of the Specified Existing Revolving Credit Commitment Classes and from any other
Existing US Revolving Credit Commitments or Existing Canadian Revolving Credit Commitments
(together with any other Extended US Revolving Credit Commitments or Extended Canadian Revolving
Credit Commitments so established on such date); provided that in no event shall there be
more than three Classes of Revolving Credit Commitments outstanding at any one time.

(b) The Company shall provide the applicable Extension Request at least ten (10) Business Days
prior to the date on which Lenders under the Existing Class are requested to respond. Any Lender
(an “Extending Lender”) wishing to have all or a portion of its Revolving Credit
Commitments (or any earlier extended Revolving Credit Commitments) of an Existing Class subject to
such Extension Request exchanged into Extended Loans/Commitments shall notify the US Administrative
Agent (an “Extension Election”) on or prior to the date specified in such Extension Request
of the amount of its Revolving Credit Commitments (and/or any earlier extended Revolving Credit
Commitments) which it has elected to convert into Extended Loans/Commitments. In the event that
the aggregate amount of Revolving Credit Commitments (and any earlier extended Revolving Credit
Commitments) subject to Extension Elections exceeds the amount of Extended Loans/Commitments
requested pursuant to the Extension Request, Revolving Credit Commitments (and any earlier extended
Revolving Credit Commitments) subject to Extension Elections shall be exchanged to Extended
Loans/Commitments on a pro rata basis based on the amount of Revolving Credit Commitments (and any
earlier extended Revolving Credit Commitments) included in each such Extension Election.
Notwithstanding the conversion of any Existing US Revolving Credit Commitment into an Extended US
Revolving Credit Commitment, such Extended US Revolving Credit Commitment shall be treated
identically to all Existing US Revolving Credit Commitments of the Specified Existing Revolving
Credit Commitment Class for purposes of the obligations of a Lender in respect of Swingline Loans
under Section 2.1(c) and Letters of Credit under Section 3, except that the applicable Extension
Agreement may provide that the Swingline Maturity Date and/or the last day for issuing Letters of
Credit may be extended and the related obligations to make Swingline Loans and issue Letters of
Credit may be continued (pursuant to mechanics set forth in the applicable Extension Agreement) so
long as the Swingline Lender and/or the applicable Letter of Credit Issuer, as applicable, have
consented to such extensions (it being understood that no consent of any other Lender shall be
required in connection with any such extension). Notwithstanding the conversion of any Existing
Canadian Revolving Credit Commitment into an Extended Canadian Revolving Credit Commitment, such
Extended Canadian Revolving Credit Commitment shall be treated identically to all Existing Canadian
Revolving Credit Commitments of the Specified Existing Revolving Credit Commitment Class for
purposes of the obligations of the lenders thereof in respect of swingline loans and letters of
credit, except that the applicable Extension Agreement may provide that the applicable swingline
maturity date and/or the last day for issuing letters of credit may be extended and the related
obligations to make swingline loans and issue letters of credit may be continued so long as the
applicable swingline lender and/or the applicable letter of credit issuer, as applicable, have
consented to such extensions (it being understood that no consent of any other Lender shall be
required in connection with any such extension).

(c) Extended Loans/Commitments shall be established pursuant to an amendment (an
“Extension Agreement”) to this Credit Agreement (which, except to the extent expressly
contemplated by the penultimate sentence of this Section 2.19(c) and notwithstanding anything to
the contrary set forth in Section 13.1, shall not require the consent of any Lender other than the
Extending Lenders with respect to the Extended Loans/Commitments established thereby) executed by
the Credit Parties, the applicable Administrative Agent and the Extending Lenders. Notwithstanding
anything to the contrary in this Section 2.19 and without limiting the generality or applicability
of Section 13.1 to any Additional Agreements, any Extension Agreement may provide for additional
terms and/or additional amendments other than those referred to or contemplated above (any such
additional amendment, a “Additional Agreement”) to this Agreement and the other Credit
Documents; provided that such Additional Agreements do not become effective prior to the
time that such Additional Agreements have been consented to (including, without limitation,
pursuant to consents applicable to holders of any Extended Loans/Commitments provided for in any
Extension Agreement) by such of the Lenders, Credit Parties and other parties (if any) as may be
required in order for such Additional Agreements to become effective in accordance with Section
13.1. In connection with any Extension Agreement, the Company shall deliver an opinion of counsel
reasonably acceptable to the US Administrative Agent (i) as to the enforceability of such Extension
Agreement, the Credit Agreement as amended thereby, and such of the other Credit Documents (if any)
as may be amended thereby (in the case of such other Credit Documents as contemplated by the
immediately preceding sentence), (ii) to the effect that such Extension Agreement, including
without limitation, the Extended Loans/Commitments provided for therein, does
not conflict with or violate the terms and provisions of Section 13.1 of this Agreement and
(iii) as to any other matter reasonably requested by the US Administrative Agent.

 

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2.20 Limitations on Additional Collateral. Notwithstanding anything in this Agreement or any other Credit Document to the contrary, in
no event shall (i) any Canadian Credit Party be liable for or have any obligation for Loans or
other US Obligations of the US Credit Facility, the Company or the US Credit Parties or (ii) the
proceeds of any Collateral pledged by any Canadian Credit Party be used to satisfy any US
Obligations.

SECTION 3. Letters of Credit

3.1 Issuance of Letters of Credit.

(a) Subject to and upon the terms and conditions herein set forth, at any time and from time
to time on and after the Closing Date and prior to the Revolving Credit Maturity Date, (i) the US
Letter of Credit Issuers agree to issue (or cause its Affiliates or other financial institution
with which the applicable Letter of Credit Issuer shall have entered into an agreement regarding
the issuance of letters of credit hereunder, to issue on its behalf), upon the request of and for
the account of the US Borrowers or for the account of any Restricted Subsidiary (provided, that a
US Borrower shall be a co-applicant, and be jointly and severally liable, with respect to each such
Letter of Credit issued for the account of such Restricted Subsidiary) in US Dollars under the US
Credit Facility (each a “US Letter of Credit”) and (ii) the Canadian Letter of Credit
Issuers agree to issue (or cause its Affiliates or other financial institution with which the
applicable Letter of Credit Issuer shall have entered into an agreement regarding the issuance of
letters of credit hereunder, to issue on its behalf), upon the request of and for the account of
the Canadian Borrowers or for the account of any Restricted Subsidiary (provided, that a Canadian
Borrower shall be a co-applicant, and be jointly and severally liable, with respect to each such
Letter of Credit issued for the account of such Restricted Subsidiary) in US Dollars or Canadian
Dollars under the Canadian Credit Facility (each a “Canadian Letter of Credit” and,
together with the US Letters of Credit, the “Letters of Credit”) and in, each case, in such
form as may be approved by the applicable Letter of Credit Issuer in its reasonable discretion.

(b) Notwithstanding the foregoing, (i) (x) no US Letter of Credit shall be issued the Stated
Amount of which, when added to the US Letters of Credit Outstanding at such time, would exceed the
US Letter of Credit Sub-Limit then in effect and (y) no Canadian Letter of Credit shall be issued
the US Dollar Equivalent of the Stated Amount of which, when added to the Canadian Letters of
Credit Outstanding at such time, would exceed the Canadian Letter of Credit Sub-Limit then in
effect, (ii) (x) no US Letter of Credit shall be issued the Stated Amount of which, when added to
the US Letters of Credit Obligations and the US Revolving Credit Loans and US Swingline Loans
outstanding at such time, would exceed the US Maximum Amount then in effect or (y) no Canadian
Letter of Credit shall be issued the US Dollar Equivalent of the Stated Amount of which, when added
to the US Dollar Equivalent of the Canadian Letters of Credit Outstanding and the US Dollar
Equivalent of the Canadian Revolving Credit Loans and the US Dollar Equivalent of the Canadian
Swingline Loans outstanding at such time, would exceed the Canadian Maximum Amount then in effect,
(iii) each Letter of Credit shall have an expiration date occurring no later than the earlier of
(x) one year after the date of issuance thereof, unless otherwise agreed upon by the US
Administrative Agent in the case of a US Letter of Credit, the Canadian Administrative Agent in the
case of Canadian Letter of Credit, and the Letter of Credit Issuer or as provided under Section
3.2(b), and (y) the Letter of Credit Maturity Date, (iv) (x) each US Letter of Credit shall be
denominated in US Dollars and (y) each Canadian Letter of Credit shall be denominated in Canadian
Dollars or US Dollars, (v) no Letter of Credit shall be issued if it would be illegal under any
Applicable Law for the beneficiary of the Letter of Credit to have a Letter of Credit issued in its
favor, (vi) the issuance of such Letter of Credit would violate one or more policies of the Letter
of Credit Issuer and (vii) no Letter of Credit shall be issued after the Letter of Credit Issuer
has received a written notice from any Borrower, the US Administrative Agent or the Canadian
Administrative Agent stating that a Default or an Event of Default has occurred and is continuing
until such time as the Letter of Credit Issuer shall have received a written notice of (x)
rescission of such notice from the party or parties originally delivering such notice or (y) the
waiver of such Default or Event of Default in accordance with the provisions of Section 13.1 or
that such Default or Event of Default is no longer continuing.

3.2 Letter of Credit Requests.

(a) Whenever a Borrower desires that a Letter of Credit be issued, it shall give, with respect
to any US Letter of Credit, the US Administrative Agent, and with respect to any Canadian Letter of
Credit, the Canadian Administrative Agent, and the applicable Letter of Credit Issuer at least two
(or such lesser number as may be agreed upon by the applicable Administrative Agent and the Letter
of Credit Issuer) Business Days’ written notice thereof. Each notice shall be executed by the
applicable Borrower and shall be in the form of Exhibit F-2 (each, a “Letter of Credit
Request”). The applicable Administrative Agent shall promptly transmit copies of each Letter
of Credit Request to each Lender.

 

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(b) The making of each Letter of Credit Request or the extension or amendment of any Letter of
Credit, shall be deemed to be a representation and warranty by the applicable Borrower that the
Letter of Credit may be issued in accordance with, and will not violate the requirements of,
Section 3.1.

(c) If a Borrower so requests in any applicable Letter of Credit Request, the applicable
Letter of Credit 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 applicable Letter of
Credit 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 applicable Letter of Credit Issuer, the applicable Borrower shall not be required to make a
specific request to the Letter of Credit Issuer for any such extension. Once an Auto-Extension
Letter of Credit has been issued, the applicable Lenders shall be deemed to have authorized (but
may not require) the applicable Letter of Credit Issuer to permit the extension of such Letter of
Credit at any time to an expiry date not later than the Letter of Credit Maturity Date;
provided, however, that the applicable Letter of Credit Issuer shall not permit any
such extension if (A) the applicable Letter of Credit 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 Sections 3.1(b) or
otherwise), or (B) it has received notice (which may be by telephone or in writing) on or before
the day that is three Business Days before the Non-Extension Notice Date (1) from the applicable
Administrative Agent that the applicable Required Lenders have elected not to permit such extension
or (2) from the applicable Administrative Agent, the applicable Required Lenders or the applicable
Borrower that one or more of the applicable conditions specified in Section 7 are not then
satisfied, and in each such case directing the Letter of Credit Issuer not to permit such
extension.

3.3 Letter of Credit Participations.

(a) (i) Immediately upon the issuance by the US Letter of Credit Issuer of any US Letter of
Credit, the US Letter of Credit Issuer (and on the Closing Date, with respect to the Existing
Letters of Credit) shall be deemed to have sold and transferred to each other US Lender (each such
other US Lender, in its capacity under this Section 3.3(a), a “US Letter of Credit
Participant”), and each such US Letter of Credit Participant shall be deemed irrevocably and
unconditionally to have purchased and received from the US Letter of Credit Issuer, without
recourse or warranty, an undivided interest and participation (each, a “ US Letter of Credit
Participation”), to the extent of such US Letter of Credit Participant’s US Revolving Credit
Commitment Percentage, in such US Letter of Credit, each substitute letter of credit, each drawing
made thereunder and the obligations of the US Borrowers under this Agreement with respect thereto,
and any security therefor or guaranty pertaining thereto (although fees pursuant to Section 4.1(c)
will be paid directly to the US Administrative Agent for the ratable account of the US Letter of
Credit Participants as provided in Section 4.1(c) and the US Letter of Credit Participants shall
have no right to receive any portion of any Fronting Fees) and (ii) immediately upon the issuance
by the Canadian Letter of Credit Issuer of any Canadian Letter of Credit, the Canadian Letter of
Credit Issuer shall be deemed to have sold and transferred to each other Canadian Lender (each such
other Canadian Lender, in its capacity under this Section 3.3(a), a “Canadian Letter of Credit
Participant” and, together, with the US Letter of Participants, the “Letter of Credit
Participants”), and each such Canadian Letter of Credit Participant shall be deemed irrevocably
and unconditionally to have purchased and received from the Canadian Letter of Credit Issuer,
without recourse or warranty, an undivided interest and participation (each, a “Canadian Letter
of Credit Participation” and together with the US Letter of Credit Participation the,
“Letter of Credit Participations”), to the extent of such Canadian Letter of Credit
Participant’s Canadian Revolving Credit Commitment Percentage, in such Canadian Letter of Credit,
each substitute letter of credit, each drawing made thereunder and the obligations of the Canadian
Borrowers under this Agreement with respect thereto, and any security therefor or guaranty
pertaining thereto (although fees pursuant to Section 4.1(c) will be paid directly to the Canadian
Administrative Agent for the ratable account of the Canadian Letter of Credit Participants as
provided in Section 4.1(c) and the Canadian Letter of Credit Participants shall have no right to
receive any portion of any Fronting Fees).

(b) In determining whether to pay under any Letter of Credit, the applicable Letter of Credit
Issuer shall have no obligation relative to the applicable Letter of Credit Participants other than
to confirm that any documents required to be delivered under such Letter of Credit have been
delivered and that they appear to comply on their face with the requirements of such Letter of
Credit. Any action taken or omitted to be taken by the applicable Letter of Credit Issuer under or
in connection with any Letter of Credit issued by it, if taken or omitted in the absence of gross
negligence or willful misconduct, shall not create for the Letter of Credit Issuer any resulting
liability.

(c) Whenever the applicable Letter of Credit Issuer receives a payment in respect of an unpaid
reimbursement obligation as to which the applicable Administrative Agent has received for the
account of the applicable Letter of Credit Issuer any payments from the applicable Letter of Credit
Participants, the applicable Letter of Credit Issuer shall pay to the applicable Administrative
Agent and the applicable Administrative Agent shall promptly pay to each applicable Letter of
Credit Participant that has paid its applicable Revolving Credit Commitment Percentage of such
reimbursement obligation, in US Dollars or Canadian Dollars, as applicable, and in immediately
available funds, an amount equal to such Letter of Credit Participant’s
share (based upon the proportionate aggregate amount originally funded or deposited by such
Letter of Credit Participant to the aggregate amount funded or deposited by all applicable Letter
of Credit Participants) of the principal amount of such reimbursement obligation and interest
thereon accruing after the purchase of the respective Letter of Credit Participations.

 

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(d) The obligations of the applicable Letter of Credit Participants to purchase applicable
Letter of Credit Participations from the Letter of Credit Issuers and make payments to the
applicable Administrative Agent for the account of the Letter of Credit Issuers with respect to
Letters of Credit shall be irrevocable and not subject to counterclaim, set-off or other defense or
any other qualification or exception whatsoever and shall be made in accordance with the terms and
conditions of this Agreement under all circumstances, including under any of the following
circumstances:

(i) any lack of validity or enforceability of this Agreement or any of the other Credit
Documents;

(ii) the existence of any claim, set-off, defense or other right that a Borrower may
have at any time against a beneficiary named in a Letter of Credit, any transferee of any
Letter of Credit (or any Person for whom any such transferee may be acting), the applicable
Administrative Agent, the applicable Letter of Credit Issuer, any Lender or other Person,
whether in connection with this Agreement, any applicable Letter of Credit, the transactions
contemplated herein or any unrelated transactions (including any underlying transaction
between a Borrower and the beneficiary named in any such Letter of Credit);

(iii) any draft, certificate or any other document presented under any 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;

(iv) the surrender or impairment of any security for the performance or observance of
any of the terms of any of the Credit Documents; or

(v) the occurrence of any Default or Event of Default;

provided, however, that no Letter of Credit Participant shall be obligated to pay
to the applicable Administrative Agent for the account of a Letter of Credit Issuer its Revolving
Credit Commitment Percentage of any unreimbursed amount arising from any wrongful payment made by
such Letter of Credit Issuer under a Letter of Credit as a result of acts or omissions constituting
willful misconduct or gross negligence on the part of the Letter of Credit Issuer.

3.4 Agreement to Repay Letter of Credit Drawings.

(a) Each US Borrower hereby agrees to reimburse the US Letter of Credit Issuer, by making
payment to the US Administrative Agent for the account of the US Letter of Credit Issuer in
immediately available funds, for any payment or disbursement made by the US Letter of Credit Issuer
under any US Letter of Credit issued by it (each such amount so paid until reimbursed, a “US
Unpaid Drawing”) (i) within two Business Days of the date of such payment or disbursement, if
the US Letter of Credit Issuer provides notice to the Company of such payment or disbursement prior
to 10:00 a.m. (New York City time) on such next succeeding Business Day from the date of such
payment or disbursement or (ii) if such notice is received after such time, on the second Business
Day following the date of receipt of such notice (such required date for reimbursement under clause
(i) or (ii), as applicable, the “Required Reimbursement Date”), with interest on the amount
so paid or disbursed by such US Letter of Credit Issuer, (A) from and including the date of such
payment or disbursement to but excluding the Required Reimbursement Date, at the per annum rate for
each day equal to the rate described in Section 2.8(a)(i) and (B) from and including the Required
Reimbursement Date to but excluding the date such US Letter of Credit Issuer is reimbursed
therefor, at a rate per annum that shall at all times be the rate described in Section 2.8(c)(ii);
provided that, notwithstanding anything contained in this Agreement to the contrary, with
respect to any US Letter of Credit, (i) unless the Company shall have notified the US
Administrative Agent and the US Letter of Credit Issuer prior to 10:00 a.m. (New York City time) on
the Required Reimbursement Date that the US Borrowers intend to reimburse the US Letter of Credit
Issuer for the amount of such drawing with funds other than the proceeds of US Revolving Credit
Loans, the US Borrowers shall be deemed to have given a Notice of Borrowing requesting that the US
Lenders make US Revolving Credit Loans (which shall be ABR Loans) on the Required Reimbursement
Date in an amount equal to the amount at such drawing, and (ii) the US Administrative Agent shall
promptly notify each US Letter of Credit Participant of such drawing and the amount of its US
Revolving Credit Loan to be made in respect thereof, and each US Letter of Credit Participant shall
be irrevocably obligated to make a US Revolving Credit Loan to the applicable US Borrower in the
manner deemed to have been requested in the amount of its US Revolving Credit Commitment Percentage
of the applicable US Unpaid Drawing by 1:00 p.m. (New York City time) on such Required
Reimbursement Date by making the amount of such US Revolving Credit Loan available to the
Administrative Agent. Such US Revolving Credit Loans shall be made without regard to the Minimum
Borrowing Amount. The US Administrative Agent shall use the proceeds of such US Revolving Credit
Loans solely for purpose of reimbursing the US Letter of Credit Issuer for the related US Unpaid
Drawing.

 

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(b) Each Canadian Borrower hereby agrees to reimburse the Canadian Letter of Credit Issuer, by
making payment to the Canadian Administrative Agent for the account of the Canadian Letter of
Credit Issuer in immediately available funds and in the same Currency as was advanced, for any
payment or disbursement made by the Canadian Letter of Credit Issuer under any Canadian Letter of
Credit issued by it (each such amount so paid until reimbursed, a “Canadian Unpaid Drawing”
and together with the US Unpaid Drawings, “Unpaid Drawings”) (i) by the Required
Reimbursement Date, with interest on the amount so paid or disbursed by such Canadian Letter of
Credit Issuer, (A) from and including the date of such payment or disbursement to but excluding the
Required Reimbursement Date, at the per annum rate for each day equal to the rate described in
Section 2.8(a)(i) with respect to any Canadian Letter Credit issued in US Dollars or Section
2.8(a)(ii), with respect to any Canadian Letter of Credit issued in Canadian Dollars and (B) from
and including the Required Reimbursement Date to but excluding the date such Canadian Letter of
Credit Issuer is reimbursed therefor, at a rate per annum that shall at all times be the rate
described in Section 2.8(c)(ii); provided that, notwithstanding anything contained in this
Agreement to the contrary, with respect to any Canadian Letter of Credit, (i) unless the applicable
Canadian Borrower shall have notified the Canadian Administrative Agent and the Canadian Letter of
Credit Issuer prior to 10:00 a.m. (New York City time) on the Required Reimbursement Date that the
Canadian Borrower intends to reimburse the Canadian Letter of Credit Issuer for the amount of such
drawing with funds other than the proceeds of Canadian Revolving Credit Loans, the applicable
Canadian Borrower shall be deemed to have given a Notice of Borrowing requesting that the Canadian
Lenders make Canadian Revolving Credit Loans (which shall be Canadian Base Rate Loans if the
Canadian Unpaid Drawings are in Canadian Dollars or ABR Loans if Canadian Unpaid Drawing are in US
Dollars) on the Required Reimbursement Date in an amount equal to the amount at such Canadian
Unpaid Drawing, and (ii) the Canadian Administrative Agent shall promptly notify each Canadian
Letter of Credit Participant of such Canadian Unpaid Drawing and the amount of its Canadian
Revolving Credit Loan to be made in respect thereof, and each Canadian Letter of Credit Participant
shall be irrevocably obligated to make a Canadian Revolving Credit Loan to the applicable Canadian
Borrower in the manner deemed to have been requested in the amount of its Canadian Revolving Credit
Commitment Percentage of the applicable Unpaid Drawing by 1:00 p.m. (New York time) on such
Required Reimbursement Date by making the amount of such Canadian Revolving Credit Loan available
to the Canadian Administrative Agent. Such Canadian Revolving Credit Loans shall be made without
regard to the Minimum Borrowing Amount. The Canadian Administrative Agent shall use the proceeds
of such Canadian Revolving Credit Loans solely for purpose of reimbursing the Canadian Letter of
Credit Issuer for the related Canadian Unpaid Drawing.

(c) The obligations of each applicable Borrower under this Section 3.4 to reimburse the Letter
of Credit Issuer with respect to Unpaid Drawings (including, in each case, interest thereon) shall
be absolute and unconditional under any and all circumstances and irrespective of any set-off,
counterclaim or defense to payment that any Borrower or any other Person may have or have had
against any Letter of Credit Issuer, the US Administrative Agent, the Canadian Administrative Agent
or any Lender (including in its capacity as a Letter of Credit Participant), including any defense
based upon the failure of any drawing under a Letter of Credit (each a “Drawing”) to
conform to the terms of the Letter of Credit or any non-application or misapplication by the
beneficiary of the proceeds of such Drawing; provided that the applicable Borrower shall
not be obligated to reimburse the applicable Letter of Credit Issuer for any wrongful payment made
by the applicable Letter of Credit Issuer under the applicable Letter of Credit issued by it as a
result of acts or omissions constituting willful misconduct or gross negligence on the part of the
Letter of Credit Issuer.

3.5 Increased Costs. If, after the date hereof, the adoption of any Applicable Law, or any change therein, or
any change in the interpretation or administration thereof by any Governmental Authority, central
bank or comparable agency charged with the interpretation or administration thereof, or actual
compliance by any Letter of Credit Issuer or any Letter of Credit Participant with any request or
directive made or adopted after the date hereof (whether or not having the force of law), by any
such authority, central bank or comparable agency shall either (a) impose, modify or make
applicable any reserve, special deposit, capital adequacy or similar requirement against letters of
credit issued by any Letter of Credit Issuer, or any Letter of Credit Participant’s Letter of
Credit Participation therein or (b) impose on any Letter of Credit Issuer or any Letter of Credit
Participant any other conditions affecting its obligations under this Agreement in respect of
Letters of Credit or Letter of Credit Participations therein or any Letter of Credit or such Letter
of Credit Participant’s Letter of Credit Participation therein, and the result of any of the
foregoing is to increase the cost to any Letter of Credit Issuer or such Letter of Credit
Participant of issuing, maintaining or participating in any Letter of Credit, or to reduce the
amount of any sum received or receivable by any Letter of Credit Issuer or such Letter of Credit
Participant hereunder (other than any such increase or reduction attributable to (i) taxes
indemnified under Section 5.4, (ii) net income taxes and franchise taxes (imposed in lieu of net
income taxes) or, solely in the case of Loans made to a Canadian Borrower, any Canadian federal or
provincial capital taxes, imposed (in each case) on any Agent or any Letter of Credit Issuer as a
result of a present or former connection between such Agent or such Letter of Credit Issuer and the
jurisdiction of the Governmental Authority imposing such tax (other than any such connection
arising from execution or delivery of, receipt of any payments under, performance under or
enforcement of, or any other transactions occurring pursuant to, this Agreement or any other Credit
Document) or (iii) taxes included under clause (e) of Section 5.4) in respect of Letters of Credit
or Letter of Credit Participations therein, then, promptly after receipt of written demand to the
Company by the applicable Letter of Credit Issuer or such Letter of Credit Participant, as the case
may be (a copy of which notice shall be sent by the Letter of Credit Issuer or such Letter of
Credit Participant to the Administrative Agents), the Company shall pay to the applicable Letter of
Credit Issuer or such Letter of Credit Participant such additional amount or amounts as will
compensate the Letter
of Credit Issuer or such Letter of Credit Participant for such increased cost or reduction, it
being understood and agreed, however, that the Letter of Credit Issuer or a Letter of Credit
Participant shall not be entitled to such compensation as a result of such Person’s compliance
with, or pursuant to any request or directive to comply with, any such Applicable Law as in effect
on the date hereof. A certificate submitted to the Company by the Letter of Credit Issuer or a
Letter of Credit Participant, as the case may be (a copy of which certificate shall be sent by the
Letter of Credit Issuer or such Letter of Credit Participant to the Administrative Agents) setting
forth in reasonable detail the basis for the determination of such additional amount or amounts
necessary to compensate the Letter of Credit Issuer or such Letter of Credit Participant as
aforesaid shall be conclusive and binding on the Company absent clearly demonstrable error.

 

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3.6 New or Successor Letter of Credit Issuer.

(a) Any Letter of Credit Issuer may resign as a Letter of Credit Issuer upon 60 days’ prior
written notice to the US Administrative Agent, the Lenders and the Company. Subject to the terms
of the following sentence, the Company may replace any Letter of Credit Issuer for any reason upon
written notice to the US Administrative Agent and the applicable Letter of Credit Issuer and the
Company may add Letter of Credit Issuers at any time upon notice to the US Administrative Agent.
If a Letter of Credit Issuer shall resign or be replaced, or if the Company shall decide to add a
new Letter of Credit Issuer under this Agreement, then the Company may appoint a successor issuer
of Letters of Credit or a new Letter of Credit Issuer, as the case may be, with the consent of the
US Administrative Agent (such consent not to be unreasonably withheld), whereupon such successor
issuer shall succeed to the rights, powers and duties of the replaced or resigning Letter of Credit
Issuer under this Agreement and the other Credit Documents, or such new issuer of Letters of Credit
shall be granted the rights, powers and duties of a Letter of Credit Issuer hereunder, and the term
“US Letter of Credit Issuer” or “Canadian Letter of Credit Issuer” shall mean such successor or
such new issuer of Letters of Credit effective upon such appointment. At the time such resignation
or replacement shall become effective, the Company shall pay to the resigning or replaced Letter of
Credit Issuer all accrued and unpaid fees pursuant to Sections 4.1(b) and 4.1(d). The acceptance
of any appointment as a Letter of Credit Issuer hereunder whether as a successor issuer or new
issuer of Letters of Credit in accordance with this Agreement, shall be evidenced by an agreement
entered into by such new or successor issuer of Letters of Credit, in a form satisfactory to the
Company and the US Administrative Agent and, from and after the effective date of such agreement,
such new or successor issuer of Letters of Credit shall become a “US Letter of Credit Issuer” or
“Canadian Letter of Credit Issuer” hereunder. After the resignation or replacement of a Letter of
Credit Issuer hereunder, the resigning or replaced Letter of Credit Issuer shall remain a party
hereto and shall continue to have all the rights and obligations of a Letter of Credit Issuer under
this Agreement and the other Credit Documents with respect to Letters of Credit issued by it prior
to such resignation or replacement, but shall not be required to issue additional Letters of
Credit. In connection with any resignation or replacement pursuant to this clause (a) (but, in
case of any such resignation, only to the extent that a successor issuer of Letters of Credit shall
have been appointed), either (i) the Company, the resigning or replaced Letter of Credit Issuer and
the successor issuer of Letters of Credit shall arrange to have any outstanding Letters of Credit
issued by the resigning or replaced Letter of Credit Issuer replaced with Letters of Credit issued
by the successor issuer of Letters of Credit or (ii) the Company shall cause the successor issuer
of Letters of Credit, if such successor issuer is reasonably satisfactory to the replaced or
resigning Letter of Credit Issuer, to issue “back-stop” Letters of Credit naming the resigning or
replaced Letter of Credit Issuer as beneficiary for each outstanding Letter of Credit issued by the
resigning or replaced Letter of Credit Issuer, which new Letters of Credit shall have a face amount
equal to the Letters of Credit being back-stopped and the sole requirement for drawing on such new
Letters of Credit shall be a drawing on the corresponding back-stopped Letters of Credit. After
any resigning or replaced Letter of Credit Issuer’s resignation or replacement as Letter of Credit
Issuer, the provisions of this Agreement relating to a Letter of Credit Issuer shall inure to its
benefit as to any actions taken or omitted to be taken by it (A) while it was a Letter of Credit
Issuer under this Agreement or (B) at any time with respect to Letters of Credit issued by such
Letter of Credit Issuer.

(b) To the extent that there are, at the time of any resignation or replacement as set forth
in clause (a) above, any outstanding Letters of Credit, nothing herein shall be deemed to impact or
impair any rights and obligations of any of the parties hereto with respect to such outstanding
Letters of Credit (including, without limitation, any obligations related to the payment of Fees or
the reimbursement or funding of amounts drawn), except that the Company, the resigning or replaced
Letter of Credit Issuer and the successor issuer of Letters of Credit shall have the obligations
regarding outstanding Letters of Credit described in clause (a) above.

3.7 Cash Collateral.

(a) If, as of the Letter of Credit Maturity Date, there are any Letters of Credit Outstanding,
the applicable Borrowers shall immediately Cash Collateralize the then Letters of Credit
Outstanding.

(b) If any Event of Default shall occur and be continuing, the Required Lenders may require
that the Letter of Credit Obligations be Cash Collateralized; provided that, upon the
occurrence of an Event of Default referred to in Section 11.5, the Borrowers shall immediately Cash
Collateralize the applicable Letters of Credit then outstanding and no notice or request by or
consent from the Required Lenders shall be required.

 

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(c) For purposes of this Agreement, “Cash Collateralize” means to pledge and deposit
with or deliver to the US Administrative Agent, for the benefit of the applicable Letter of Credit
Issuer or the Swingline Lender, as applicable, as collateral for the applicable Letter of Credit
Obligations and applicable Swingline Exposure, as the case may be, cash or deposit account balances
(“Cash Collateral”) in an amount equal to 100% of the amount of the applicable Letters of
Credit Outstanding or outstanding applicable Swingline Exposure, as the case may be, required to be
Cash Collateralized pursuant to documentation in form and substance reasonably satisfactory to the
US Administrative Agent and the applicable Letter of Credit Issuer or Swingline Lender, as the case
may be (which documents are hereby consented to by the Lenders). Derivatives of such terms have
corresponding meanings. The applicable Borrowers hereby grant to the US Administrative Agent, for
the benefit of the applicable Letter of Credit Issuer and the applicable Letter of Credit
Participants and the Swingline Lender and any applicable Lenders with a Swingline Exposure, as
applicable, 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, interest bearing
deposit accounts with the US Administrative Agent.

3.8 Existing Letters of Credit. Subject to the terms and conditions hereof, each Existing Letter of Credit that is
outstanding on the Closing Date and listed on Schedule 1.1(c) shall, effective as of the
Closing Date and without any further action by the Company, be continued as a US Letter of Credit
or Canadian Letter of Credit, as applicable, hereunder and from and after the Closing Date shall be
deemed a US Letter of Credit or Canadian Letter of Credit, as applicable, for all purposes hereof
and shall be subject to and governed by the terms and conditions hereof.

3.9 Applicability of ISP and UCP. Unless otherwise expressly agreed by the Letter of Credit Issuer and the Company when a
Letter of Credit is issued, (a) the rules of the ISP shall apply to each standby Letter of Credit,
and (b) 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.

3.10 Conflict with Issuer Documents. In the event of any conflict between the terms hereof and the term of any Issuer Document,
the terms hereof shall control.

3.11 Letters of Credit Issued for Restricted 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 Restricted Subsidiary, the applicable Borrower
shall be obligated to reimburse the Letter of Credit Issuer hereunder for any and all drawings
under such Letter of Credit. The Borrowers hereby acknowledge that the issuance of Letters of
Credit for the account of Restricted Subsidiaries inures to the benefit of the Borrowers, and that
the Borrowers’ business derives substantial benefits from the businesses of such Restricted
Subsidiaries.

SECTION 4. Fees; Commitment Reductions and Terminations

4.1 Fees.

(a) The Company agrees to pay to the US Administrative Agent, for the account of each US
Lender, and to the Canadian Administrative Agent, for the account of each Canadian Lender, a
commitment fee (the “Commitment Fee”) that shall accrue at the Commitment Fee Rate on the
average daily amount of the Available Revolving Credit Commitment of such Lender from and including
the Closing Date to but excluding the Revolving Credit Maturity Date. Each such Commitment Fee
shall be payable (x) quarterly in arrears on the last Business Day of each March, June, September
and December (for the three-month period (or portion thereof) ended on such day for which no
payment has been received) and (y) on the Revolving Credit Maturity Date (for the period ended on
such date for which no payment has been received pursuant to clause (x) above), and shall be
computed for each day during such period at a rate per annum equal to the Commitment Fee Rate.

(b) The Company agrees to pay to each Letter of Credit Issuer a fee in respect of each Letter
of Credit issued hereunder by such Letter of Credit Issuer (the “Fronting Fee”), for the
period from and including the date of issuance of such Letter of Credit to but excluding the
termination or expiration date of such Letter of Credit, computed at the rate for each day equal to
0.125% per annum or such other amount as is agreed in a separate writing between the applicable
Letter of Credit Issuer and the Company on the average daily amount of Letter of Credit Exposure
attributable to Letters of Credit issued by it (excluding any portion attributable to Unpaid
Drawings). The Fronting Fee shall be due and payable quarterly in arrears on the last Business Day
of each March, June, September and December and on the Letter of Credit Maturity Date.

(c) The Company agrees to pay to the US Administrative Agent for the account of each US Lender
and to the Canadian Administrative Agent for the account of each Canadian Lender, a participation
fee with respect to its participations in US Letters of Credit and/or Canadian Letters of Credit,
respectively, which shall accrue at the same Applicable Margin used to determine the interest rate
applicable to Eurodollar Loans (in the case of Letters of Credit denominated in US Dollars) or CDOR
Rate Loans (in the case of Letters of Credit denominated in Canadian Dollars) on the average daily
amount of such Lender’s Letter of Credit Exposure (excluding any portion thereof attributable to Unpaid Drawing)
during the period from and including the Closing Date to but excluding the later of the Letter of
Credit Maturity Date and the date on which such Lender ceases to have any Letter of Credit
Exposure.

 

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(d) The Company agrees to pay directly to the applicable Letter of Credit Issuer upon each
issuance of, drawing under and/or amendment, renewal or extension of a Letter of Credit issued by
it such amount as the applicable Letter of Credit Issuer and the Company shall have agreed upon for
issuances of, drawings under or amendments of, renewals or extensions of, Letters of Credit issued
by it.

(e) The Company agrees to pay to the US Administrative Agent, the Canadian Administrative
Agent and the Co-Collateral Agent, as applicable, the fees in the amounts and on the dates as set
forth in the Administrative Agent Fee Letter and the Co-Collateral Agent Fee Letter, as applicable.

4.2 Voluntary Reduction of Commitments. Upon at least two Business Days’ prior written notice (or telephonic notice promptly
confirmed in writing) to the (i) US Administrative Agent at the US Administrative Agent’s Office
(which notice the US Administrative Agent shall promptly transmit to each of the US Lenders), the
Company shall have the right, without premium or penalty, on any day, permanently to terminate or
reduce the US Revolving Credit Commitments or the US Letter of Credit Sub-Limit in whole or in part
or (ii) Canadian Administrative Agent at the Canadian Administrative Agent’s Office (which notice
the Canadian Administrative Agent shall promptly transmit to each of the Canadian Lenders), the
Company shall have the right, without premium or penalty, on any day, permanently to terminate or
reduce the Canadian Revolving Credit Commitments or the Canadian Letter of Credit Sub-Limit in
whole or in part; provided that (a) with respect to the US Revolving Credit Commitments,
any such reduction shall apply proportionately and permanently to reduce the US Revolving Credit
Commitments of each of the US Lenders, except that, notwithstanding the foregoing, in connection
with the establishment on any date of any Extended US Revolving Credit Commitments pursuant to
Section 2.19, the US Revolving Credit Commitments of any one or more US Lenders providing any such
Extended US Revolving Credit Commitments on such date shall be reduced in an amount equal to the
amount of US Revolving Credit Commitments so extended on such date (provided that (x) after
giving effect to any such reduction and to the repayment of any US Revolving Credit Loans made on
such date, the US Revolving Credit Exposure of any such US Lender does not exceed the US Revolving
Credit Commitment thereof (such US Revolving Credit Exposure and US Revolving Credit Commitment
being determined in each case, for the avoidance of doubt, exclusive of such Lender’s Extended US
Revolving Credit Commitment and any exposure in respect thereof) and (y) for the avoidance of
doubt, any such repayment of US Revolving Credit Loans contemplated by the preceding clause shall
be made in compliance with the requirements of Section 5.3(a) with respect to the ratable
allocation of payments hereunder, with such allocation being determined after giving effect to any
conversion pursuant to Section 2.19 of US Revolving Credit Commitments and US Revolving Credit
Loans into Extended US Revolving Credit Commitments and Extended US Revolving Credit Loans,
respectively, and prior to any reduction being made to the US Revolving Credit Commitment of any
other US Lender), (b) with respect the Canadian Revolving Credit Commitments, any such reduction
shall apply proportionately and permanently to reduce the Canadian Revolving Credit Commitments of
each of the Canadian Revolving Credit Lenders, except that, notwithstanding the foregoing, in
connection with the establishment on any date of any Extended Canadian Revolving Credit Commitments
pursuant to Section 2.19, the Canadian Revolving Credit Commitments of any one or more Canadian
Lenders providing any such Extended Canadian Revolving Credit Commitments on such date shall be
reduced in an amount equal to the amount of Canadian Revolving Credit Commitments so extended on
such date (provided that (x) after giving effect to any such reduction and to the repayment
of any Canadian Revolving Credit Loans made on such date, the US Dollar Equivalent of the Canadian
Revolving Credit Exposure of any such Canadian Lender does not exceed the Canadian Revolving Credit
Commitment thereof (such US Dollar Equivalent of the Canadian Revolving Credit Exposure and
Canadian Revolving Credit Commitment being determined in each case, for the avoidance of doubt,
exclusive of such Canadian Lender’s Extended Canadian Revolving Credit Commitment and any exposure
in respect thereof) and (y) for the avoidance of doubt, any such repayment of Canadian Revolving
Credit Loans contemplated by the preceding clause shall be made in compliance with the requirements
of Section 5.3(a) with respect to the ratable allocation of payments hereunder, with such
allocation being determined after giving effect to any conversion pursuant to Section 2.19 of
Canadian Revolving Credit Commitments and Canadian Revolving Credit Loans into Extended Canadian
Revolving Credit Commitments and Extended Canadian Revolving Credit Loans respectively, and prior
to any reduction being made to the Canadian Revolving Credit Commitment of any other Canadian
Lender), (c) any partial reduction pursuant to this Section 4.2 shall be in the amount of at least
$1,000,000 and (d) after giving effect to such termination or reduction and to any prepayments of
Revolving Credit Loans or cancellation or Cash Collateralization of Letters of Credit made on the
date thereof in accordance with this Agreement, the aggregate amount of the Lenders’ Revolving
Credit Exposures shall not exceed the Total Revolving Credit Commitment, the US Dollar Equivalent
of the aggregate amount of the US Lenders’ US Revolving Credit Exposures shall not exceed the US
Total Revolving Credit Commitment and the aggregate US Dollar Equivalent of the amount of Canadian
Lenders’ Canadian Revolving Credit Exposures shall not exceed the Canadian Total Revolving Credit
Commitment.

 

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4.3 Mandatory Termination of Commitments.

(a) The Total Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on
the Revolving Credit Maturity Date.

(b) The Swingline Commitment shall terminate at 5:00 p.m. (New York City time) on the
Swingline Maturity Date.

SECTION 5. Payments

5.1 Voluntary Prepayments. Each US Borrower shall have the right to prepay US Revolving Credit Loans and US Swingline
Loans and each Canadian Borrower shall have the right to prepay Canadian Revolving Credit Loans and
Canadian Swingline Loans, in each case, without premium or penalty, in whole or in part from time
to time on the following terms and conditions: (a) with respect to the US Credit Facility, the
Company shall give the US Administrative Agent at the US Administrative Agent’s Office written
notice, and with respect to the Canadian Credit Facility, the Company shall give the Canadian
Administrative Agent at the Canadian Administrative Agent’s Office (or, in each case, telephonic
notice promptly confirmed in writing) of the intent to make such prepayment, the amount of such
prepayment and in the case of Eurodollar Loans or CDOR Rate Loans, the specific Borrowing(s)
pursuant to which made, which notice shall be given by the Company no later than (i) in the case of
Revolving Credit Loans, 1:00 p.m. (New York City time) (x) one Business Day prior to (in the case
of ABR Loans or Canadian Base Rate Loans) or (y) three Business Days prior to (in the case of
Eurodollar Loans or CDOR Rate Loans) or (ii) in the case of Swingline Loans and Permitted
Overadvances, 1:00 p.m. (New York City time) on, the date of such prepayment and shall promptly be
transmitted by the applicable Administrative Agent to each of the relevant Lenders or the Swingline
Lender, as the case may be, (b) each partial prepayment of any Borrowing of Revolving Credit Loans
shall be in a multiple of $500,000 or Cdn $500,000 and in an aggregate principal amount of at least
$1,000,000 or Cdn $1,000,000 and each partial prepayment of Swingline Loans and Permitted
Overadvances shall be in a multiple of $100,000 or Cdn $100,000 and in an aggregate principal
amount of at least $100,000 or Cdn $100,000; provided that no partial prepayment of
Eurodollar Loans or CDOR Rate Loans made pursuant to a single Borrowing shall reduce the
outstanding Eurodollar Loans or CDOR Rate Loans, as applicable, made pursuant to such Borrowing to
an amount less than the Minimum Borrowing Amount for Eurodollar Loans or CDOR Rate Loans, as
applicable; (c) any prepayment of Eurodollar Loans or CDOR Rate Loans pursuant to this Section 5.1
on any day other than the last day of an Interest Period applicable thereto shall be subject to
compliance by the Borrowers with the applicable provisions of Section 2.11.

5.2 Mandatory Prepayments.

(a) On any date on which (i) the US Total Revolving Credit Outstandings exceeds the US Total
Revolving Credit Commitment or (ii) subject to Section 5.2(c), the US Dollar Equivalent of the
Canadian Total Revolving Credit Outstanding exceeds the Canadian Total Revolving Credit Commitment,
the US Borrowers or Canadian Borrowers, as applicable, shall forthwith pay to the US Administrative
Agent or Canadian Administrative Agent, as applicable, an amount in cash equal to such excess and
such Administrative Agent shall apply it in accordance with the provisions of Section 5.2(d).

(b) Except for Permitted Overadvances, if on any date (i) the US Total Revolving Credit
Outstandings for any reason exceed 100% of the US Borrowing Base then in effect or (ii) subject to
Section 5.2(c), the US Dollar Equivalent of the Canadian Total Revolving Credit Outstandings for
any reason exceed 100% and the US Dollar Equivalent of the Canadian Borrowing Base then in effect,
the US Borrowers or Canadian Borrowers, as applicable, shall promptly pay to the US Administrative
Agent or Canadian Administrative Agent, as applicable, an amount in cash equal to such excess and
such Administrative Agent shall apply it in accordance with the provisions of Section 5.2(d).

(c) If the Canadian Administrative Agent notifies the Company at any time that the US Dollar
Equivalent of the Canadian Total Revolving Credit Outstandings at such time exceeds an amount equal
to 105% of the Canadian Total Revolving Credit Commitments then in effect, then, within two
Business Days after receipt of such notice, the Canadian Borrowers shall prepay Canadian Revolving
Credit Loans and/or the Canadian Borrowers shall Cash Collateralize the Canadian Letter of Credit
Obligations in an aggregate amount sufficient to reduce such amount outstanding as of such date of
payment to an amount not to exceed 100% of the Canadian Total Revolving Credit Commitments then in
effect; provided, however, that, subject to the provisions of Section 2.18, the
Canadian Borrowers shall not be required to Cash Collateralize the Canadian Letter of Credit
Obligations pursuant to this Section 5.2(c) unless after the prepayment in full of the Canadian
Revolving Credit Loans the US Dollar Equivalent Canadian Total Revolving Credit Outstandings exceed
the Canadian Revolving Credit Commitments then in effect. The Canadian Administrative Agent may,
at any time and from time to time after the initial deposit of such Cash Collateral, request that
additional Cash Collateral be provided in order to protect against the results of further exchange
rate fluctuations.

 

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(d) Application to Revolving Credit Loans. With respect to each prepayment of
Revolving Credit Loans elected by the Borrowers pursuant to Section 5.1 or required by Section
2.5(b) or 5.2(a), (b) or (c), the Company may designate (i) the Types, Class and, if applicable, Currency of Loans that are to be prepaid and
the specific Borrowing(s) pursuant to which made and (ii) the Revolving Credit Loans to be prepaid;
provided that (x) Eurodollar Loans and CDOR Rate Loans may be designated for prepayment
pursuant to this Section 5.2 only on the last day of an Interest Period applicable thereto unless
all Eurodollar Loans and CDOR Rate Loans with Interest Periods ending on such date of required
prepayment and all ABR Loans and Canadian Base Rate Loans have been paid in full and (y) each
prepayment of any Loans made pursuant to the same Borrowing shall be applied pro rata among such
Loans. In the absence of a designation by the Company as described in the preceding sentence, the
applicable Administrative Agent shall, subject to the above, make such designation in its
reasonable discretion with a view, but no obligation, to minimize breakage costs owing under
Section 2.11. The US Administrative Agent shall apply each prepayment of US Revolving Credit Loans
required by Section 5.2(a) or (b) and any payment pursuant to Section 2.5(b), first, to
prepay the principal of any US Permitted Overadvances that may be outstanding, pro rata,
second, to prepay the principal of the US Swingline Loans, pro rata, third, to
prepay the principal of the US Revolving Credit Loans and fourth to Cash Collateralize the
US Letters of Credit Outstanding. The Canadian Administrative Agent shall apply each prepayment of
Canadian Revolving Credit Loans required by Section 5.2(a) or (b) and any payment pursuant to
Section 2.5(b), first, to prepay the principal of any Canadian Permitted Overadvances that
may be outstanding, pro rata, second, to prepay the principal of the Canadian Swingline
Loans, pro rata, third, to prepay the principal of the Canadian Revolving Credit Loans and
fourth to Cash Collateralize the Canadian Letters of Credit Outstanding. Amounts prepaid
may be reborrowed subject to the terms and conditions of this Agreement.

(e) In addition to any other mandatory prepayments pursuant to this Section 5.2, each
Swingline Loan will be repaid (for the avoidance of doubt, such repayment may be made with proceeds
from Revolving Credit Loans) no later than the seventh day following the incurrence thereof;
provided that, if the seventh day is not a Business Day, such repayment shall be made on the next
succeeding Business Day.

5.3 Method and Place of Payment.

(a) Except as otherwise specifically provided herein, all payments under this Agreement shall
be made by the applicable Borrower, without set-off, counterclaim or deduction of any kind, to, in
the case of any payments under the US Credit Facility, the US Administrative Agent, and in the case
of any payments under the Canadian Credit Facility, the Canadian Administrative Agent, in either
case, for the ratable account of the Lenders entitled thereto, the Letter of Credit Issuer entitled
thereto or the Swingline Lender, as the case may be, not later than 2:00 p.m. (New York City time)
on the date when due and shall be made in immediately available funds in US Dollars, if paying any
fees hereunder or if repaying Loans, Unpaid Drawings or making a payment in respect of interest on
any Loans or Unpaid Drawings denominated in US Dollars, or Canadian Dollars, if repaying Loans,
Unpaid Drawings or making a payment in respect of interest on any Loans or Unpaid Drawings
denominated in Canadian Dollars, in either case, at the applicable Administrative Agent’s Office.
The applicable Administrative Agent will thereafter cause to be distributed on the same day (if
payment was actually received by the applicable Administrative Agent prior to 2:30 p.m. (New York
City time) on such day and, if not, on the next Business Day) like funds relating to the payment of
principal or interest or fees ratably to the Lenders entitled thereto or to the applicable Letter
of Credit Issuer or the Swingline Lender, as applicable.

(b) For purposes of computing interest or fees, any payments under this Agreement that are
made later than 2:00 p.m. (New York City time) shall be deemed to have been made on the next
succeeding Business Day. Whenever any payment to be made hereunder shall be stated to be due on a
day that is not a Business Day, the due date thereof shall be extended to the next succeeding
Business Day and, with respect to payments of principal, interest shall be payable during such
extension at the applicable rate in effect immediately prior to such extension.

5.4 Net Payments.

(a) Subject to the following sentence, all payments made by or on behalf of any Credit Parties
under this Agreement or any other Credit Document shall be made free and clear of, and without
deduction or withholding for or on account of, any current or future income, stamp or other taxes,
levies, imposts, duties, charges, fees, deductions or withholdings, now or hereafter imposed,
levied, collected, withheld or assessed by any Governmental Authority (including any interest,
additions to tax and penalties), excluding in the case of each Lender and each Agent, (1) overall
net income taxes and franchise taxes (imposed in lieu of net income taxes) or, solely in the case
of Loans made to a Canadian Borrower, any Canadian federal or provincial capital taxes, imposed (in
each case) on any Agent or any Lender as a result of a present or former connection between such
Agent or such Lender and the jurisdiction of the Governmental Authority imposing such tax or any
political subdivision or taxing authority thereof or therein other than any such connection arising
solely from such Agent or such Lender having executed, delivered or performed its obligations or
received a payment under, enforced, or engaged in any other transaction pursuant to this Agreement
or any other Credit Document), (2) any branch profits taxes imposed by the United States of America
or any similar tax imposed by any other jurisdiction described in clause (1), (3) any withholding
tax resulting from a Lender’s failure to comply with Section 5.4(d), (4) with respect to any US
Borrower, any US federal withholding tax unpaid pursuant to Sections 1471-1474 of the Code as
amended or any successor statute that is substantively comparable and any regulated or official
interpretation thereof and (5) any Canadian federal or provincial tax imposed

 

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 on an amount paid by
a Canadian Borrower to a  Lender
or Agent that would not have been imposed but for such Lender or Agent not dealing at arm’s
length (within the meaning of the Income Tax Act (Canada)) with such Canadian Borrower at that
time. If any such non-excluded taxes, levies, imposts, duties, charges, fees, deductions or
withholdings (“Non-Excluded Taxes”) are required to be withheld by an applicable
withholding agent from any amounts payable under this Agreement or any other Credit Document, the
applicable Credit Parties shall increase the amounts payable to such Administrative Agent or such
Lender to the extent necessary to yield to such Administrative Agent or such Lender (after payment
of all Non-Excluded Taxes, including those applicable to any amounts payable under this Section
5.4) interest or any such other amounts payable hereunder at the rates or in the amounts specified
in such Credit Document. Whenever any Non-Excluded Taxes are payable by any Credit Party, as
promptly as possible thereafter the Borrowers shall send to the applicable Administrative Agent for
its own account or for the account of such Lender, as the case may be, a certified copy of an
original official receipt, if available (or other evidence acceptable to such Lender, acting
reasonably) received by the Borrowers showing payment thereof. The agreements in this Section 5.4
shall survive the termination of this Agreement and the payment of the Loans and all other amounts
payable hereunder.

(b) In addition, each Credit Party shall pay any present or future stamp, documentary, filing,
mortgage recording, excise, property or intangible taxes, charges or similar levies that arise from
any payment made by such Credit Party hereunder or under any other Credit Documents or from the
execution, delivery or registration or recordation of, performance under, or otherwise with respect
to, this Agreement or the other Credit Documents (hereinafter referred to as “Other
Taxes”).

(c) The Credit Parties shall indemnify each Lender and each Agent for and hold them harmless
against the full amount of Non-Excluded Taxes and Other Taxes imposed or asserted on such Lender or
Agent (whether or not correctly or legally asserted), including with respect to any additional
amounts or indemnification payments under this Section 5.4 and any liability (including penalties,
additions to tax, interest and expenses) arising therefrom or with respect thereto. This
indemnification shall be made within 30 days from the date such Lender or such Agent (as the case
may be) makes written demand therefor.

(d) Each Lender shall, at such times as are reasonably requested by the Company or an
Administrative Agent, provide Company and the applicable Administrative Agent with any
documentation prescribed by law or reasonably requested by the Company or such Administrative Agent
certifying as to any entitlement of such Lender to an exemption from, or reduction in, withholding
tax with respect to any payments to be made to such Lender under the Credit Documents. Each such
Lender shall, whenever a lapse in time or change in circumstances renders such documentation
obsolete, expired or inaccurate in any material respect, deliver promptly to the Borrowers and the
applicable Administrative Agent updated or other appropriate documentation (including any new
documentation reasonably requested by the Borrower or the applicable Administrative Agent) or
promptly notify the Borrowers and the applicable Administrative Agent of its inability to do so.
Unless the Borrowers or the applicable Administrative Agent has received forms or other documents
satisfactory to it indicating that payments under any Credit Document to or for a Lender are not
subject to withholding tax or are subject to such Tax at a rate reduced by an applicable tax
treaty, the Borrowers or the applicable Administrative Agent (as applicable) shall withhold amounts
required to be withheld by applicable Law from such payments at the applicable statutory rate.
Without limiting the foregoing:

1. Each Lender that is a United States Person (as defined in Section 7701(a)(30) of the
Code) shall deliver to the US Borrowers and the US Administrative Agent on or before the
date on which it becomes a party to this Agreement two properly completed and duly signed
original copies of Internal Revenue Service Form W-9 certifying that such Lender is exempt
from US federal backup withholding.

2. Each Non-US Lender shall deliver to the US Borrowers and the US Administrative Agent
on or before the date on which it becomes a party to this Agreement (and from time to time
thereafter upon the request of the US Borrowers or the US Administrative Agent) whichever of
the following is applicable:

	 	(A)	 	two properly completed and duly signed original
copies of Internal Revenue Service Form W-8BEN (or any successor forms)
claiming eligibility for the benefits of an income tax treaty to which
the United States is a party, and such other documentation as required
under the Code,

	 	(B)	 	two properly completed and duly signed original
copies of Internal Revenue Service Form W-8ECI (or any successor
forms),

	 	(C)	 	in the case of a Non-US Lender claiming the
benefits of the exemption for portfolio interest under Section 881(c)
of the Code, (A) a certificate substantially in the form of Exhibit
P (any such certificate a “United States Tax Compliance
Certificate”) and (B) two properly completed and duly signed
original copies of Internal Revenue Service Form W-8BEN,

 

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	 	(D)	 	to the extent a Non-US Lender is not the
beneficial owner (for example, where the Non-US Lender is a partnership
or a participating Lender), Internal Revenue Service Form W-8IMY (or
any successor forms) of the Non-US Lender, accompanied by a Form
W-8ECI, W-8BEN, United States Tax Compliance Certificate, Form W-9,
Form W-8IMY or any other required information from each beneficial
owner, as applicable (provided that, if one or more beneficial
owners are claiming the portfolio interest exemption, the United States
Tax Compliance Certificate may be provided by such Non-US Lender on
behalf of such beneficial owner), or

	 	(E)	 	two properly completed and duly signed original
copies of any other form prescribed by applicable US federal income tax
laws (including the Treasury Regulations) as a basis for claiming a
complete exemption from, or a deduction in, United States federal
withholding tax on any payments to such Lender under the Loan
Documents.

Each Lender shall deliver to the applicable Borrowers and the applicable Administrative Agent
two further original copies of any previously delivered form or certification (or any applicable
successor form) on or before the date that any such form or certification expires or becomes
obsolete or inaccurate and promptly after the occurrence of any event requiring a change in the
most recent form previously delivered by it to the applicable Borrowers or the applicable
Administrative Agent, or promptly notify the applicable Borrowers and the applicable Administrative
Agent that it is unable to do so. Each Lender shall promptly notify the applicable Borrowers and
the applicable Administrative Agent at any time it determines that it is no longer in a position to
provide any previously delivered form or certification to the applicable Borrowers or the
applicable Administrative Agent,

Notwithstanding any other provision of this clause (d), a Lender shall not be required to deliver
any form that such Lender is not legally able to deliver.

(e) Notwithstanding the foregoing, the Credit Parties shall not be required to indemnify any
Lender to a US Borrower that is not organized under the laws of the United States of America, a
state thereof or the District of Columbia (a “Non-US Lender”), or to pay any additional
amounts to any such Non-US Lender, pursuant to paragraph (a) above, in receipt of US Federal
withholding tax attributable to an obligation of a US Borrower to the extent that (i) the
obligation to withhold amounts with respect to such US federal withholding tax arose under any law
in effect on the date such Non-US Lender became a party to this Agreement or changed its lending
office; provided, however, that this Section 5.4(e) shall not apply to the extent
that (x) the indemnity payments or additional amounts any Lender would be entitled to receive
(without regard to this Section 5.4(e))) do not exceed the indemnity payment or additional amounts
that such Lender’s assignor, if any, was entitled to receive immediately prior to the assignment to
such Lender or that such Lender was entitled to receive immediately prior to the change in its
lending office, or (y) such assignment was requested by a Borrower.

(f) If any Lender or an Administrative Agent determines in its sole discretion that it has
received a refund of a Non-Excluded Tax or Other Taxes for which a payment has been made by any
Credit Party pursuant to this Agreement, which refund in the good faith judgment of such Lender or
such Administrative Agent, as the case may be, is attributable to such payment made by such Credit
Party, then such Lender or such Administrative Agent, as the case may be, shall reimburse the
Borrowers for such amount (together with any interest received thereon) as such Lender or such
Administrative Agent, as the case may be, reasonably determines to be the proportion of the refund
as will leave it, after such reimbursement, in no better or worse position than it would have been
in if the payment had not been required; provided that the Borrowers, upon the request of
such Lender, agrees to repay the amount paid over to the Borrowers (with any interest, additions to
tax and penalties) in the event such Lender or such Administrative Agent is required to repay such
refund to such Governmental Authority. Neither any Lender nor an Administrative Agent shall be
obliged to disclose any information regarding its tax affairs or computations to the Credit Parties
in connection with this Section 5.4(f) or any other provision of this Section 5.4;
provided, further, that nothing in this Section 5.4 shall obligate any Lender (or
Transferee) or an Administrative Agent to apply for any refund.

(g) For the avoidance of doubt, a “Lender” shall, for purposes of this Section 5.4, include a
Swingline Lender and a Letter of Credit Issuer.

5.5 Computations of Interest and Fees.

(a) Interest on Eurodollar Loans and CDOR Rate Loans shall be calculated on the basis of a
360-day year for the actual days elapsed. Interest on ABR Loans and Canadian Base Rate Loans and
interest on overdue interest shall be calculated on the basis of a 365- (or 366-, as the case may
be) day year for the actual days elapsed.

 

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(b) Fees and Letters of Credit Outstanding shall be calculated on the basis of a 360 day year
for the actual days elapsed.

5.6 Limit on Rate of Interest.

(a) No Payment Shall Exceed Lawful Rate. Notwithstanding any other term of this
Agreement, but subject to Section 2.16, the Borrowers shall not be obliged to pay any interest or
other amounts under or in connection with this Agreement in excess of the amount or rate permitted
under or consistent with any Applicable Law.

(b) Payment at Highest Lawful Rate. If the Borrowers are not obliged to make a
payment which it would otherwise be required to make, as a result of Section 5.6(a), the Borrowers
shall make such payment to the maximum extent permitted by or consistent with Applicable Law.

(c) Adjustment If Any Payment Exceeds Lawful Rate. If any provision of this Agreement
or any of the other Credit Documents would obligate the Borrowers to make any payment of interest
or other amount payable to any Lender in an amount or calculated at a rate which would be
prohibited by any Applicable Law, then notwithstanding such provision, such amount or rate shall be
deemed to have been adjusted with retroactive effect to the maximum amount or rate of interest, as
the case may be, as would not be so prohibited by law (in the case of the Borrowers), such
adjustment to be effected, to the extent necessary, as follows:

(i) firstly, by reducing the amount of rate of interest required to be paid by the
Borrowers to the affected Lender under Section 2.8; and

(ii) thereafter, by reducing any fees, commissions, premiums and other amounts required
to be paid by the Borrower to the affected Lender.

Notwithstanding the foregoing, and after giving full effect to all adjustments contemplated
thereby, if any Lender shall have received from a Borrower an amount in excess of the maximum
permitted by any Applicable Law, then the applicable Borrower shall be entitled, by notice in
writing to the Administrative Agents, to obtain reimbursement from such Lender in an amount equal
to such excess, and pending such reimbursements, such amount shall be deemed to be an amount
payable by such Lender to the Borrower. In the event of any conflict between the terms of this
Section 5.6 and Section 2.16 hereof, the terms of Section 2.16 shall prevail if it relates to the
Canadian Borrowers or the Canadian Guarantors.

SECTION 6. Conditions Precedent to Initial Credit Event

The occurrence of the initial Credit Event shall occur on or before December 31, 2010 and is
subject to the satisfaction of the following conditions precedent:

6.1 Credit Documents. The Administrative Agents shall have received:

(a) this Agreement, executed and delivered by a duly authorized officer of each of
Holdings, each Borrower, each Agent, each Lender, the Swingline Lender and each Letter of
Credit Issuer;

(b) the US Guarantee, executed and delivered by a duly authorized officer of each
Person that is a US Guarantor as of the Closing Date;

(c) the Canadian Guarantee, executed and delivered by a duly authorized officer of each
Person that is a Canadian Guarantor as of the Closing Date. 

(d) the US Security Agreement, executed and delivered by a duly authorized officer of
Holdings, each US Borrower, each US Guarantor, the US Collateral Agent and each other
grantor party thereto as of the Closing Date.

(e) the Canadian Security Agreement, executed and delivered by a duly authorized
officer of each Canadian Borrower, each Canadian Guarantor, the Canadian Collateral Agent
and each other grantor party thereto as of the Closing Date.

(f) the US Pledge Agreement, executed and delivered by a duly authorized officer of
Holdings, each US Borrower, each US Guarantor, the US Collateral Agent and each other
pledgor party thereto as of the Closing Date;

 

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(g) the Canadian Pledge Agreement — Canadian Credit Parties, executed and delivered by
a duly authorized officer of each Canadian Borrower, each Canadian Guarantor, the Canadian
Collateral Agent and each other pledgor party thereto as of the Closing Date;

(h) the Canadian Pledge Agreement — US Credit Parties, executed and delivered by a duly
authorized officer of Gentek Building Products, Inc., the US Collateral Agent and each other
pledgor party thereto as of the Closing Date;

(i) the Intercreditor Agreement, executed and delivered by the US Collateral Agent and
the Notes Collateral Agent and acknowledged and agreed by Holdings, the US Borrowers and the
other US Guarantors; and

(j) the Loss Sharing Agreement, executed and delivered by a duly authorized officer of
each party thereto.

6.2 Collateral.

(a) All Capital Stock of the Company and all Capital Stock of each Subsidiary of the Company
directly owned by the Borrowers or any Subsidiary Guarantor, in each case as of the Closing Date,
shall have been pledged pursuant to the Pledge Agreements (except that such Credit Parties shall
not be required to pledge any Excluded Capital Stock) and the Notes Collateral Agent shall have
received all certificates, if any, representing such securities pledged under the US Pledge
Agreement, accompanied by instruments of transfer and undated stock powers endorsed in blank
(except that no delivery of certificates, instruments of transfer or stock powers shall be required
with respect to the pledge of any Capital Stock of any Foreign Subsidiary, other than a Canadian
Subsidiary) and the Canadian Collateral Agent shall have received all certificates, if any,
representing such securities pledged under the Canadian Pledge Agreement — Canadian Credit Parties,
accompanied by instruments of transfer and updated stock powers endorsed in blank.

(b) (i) Except with respect to intercompany Indebtedness, all evidences of Indebtedness for
borrowed money in a principal amount in excess of $5,000,000 (or the CDN Dollar Equivalent thereof
on the Closing Date) (individually) that is owing (A) to the Company, any US Borrower or any US
Subsidiary Guarantor shall be evidenced by a promissory note and shall have been pledged pursuant
to the US Pledge Agreement, and the Notes Collateral Agent shall have received all such promissory
notes, together with undated instruments of transfer thereto endorsed in blank and (B) to any
Canadian Borrower or any Canadian Guarantor shall be evidenced by a promissory note and shall have
been pledged pursuant to the Canadian Pledge Agreement — Canadian Credit Parties, and the Canadian
Collateral Agent shall have received all such promissory notes, together with undated instruments
of transfer thereto endorsed in blank.

(ii) All Indebtedness of each Borrower and each of their Restricted Subsidiaries that
is owing to any US Borrower or any US Guarantor shall be evidenced by the US Intercompany
Note, which shall be executed and delivered by each Borrower and each of the Restricted
Subsidiaries and shall have been pledged pursuant to the US Pledge Agreement, and the Notes
Collateral Agent shall have received such US Intercompany Note, together with undated
instruments of transfer thereto endorsed in blank.

(iii) All Indebtedness of each Borrower and each of their Restricted Subsidiaries that
is owing to any Canadian Borrower or any Canadian Guarantor shall be evidenced by the
Canadian Intercompany Note, which shall be executed and delivered by each Borrower and each
of the Restricted Subsidiaries and shall have been pledged pursuant to the Canadian Pledge
Agreement — Canadian Credit Parties, and the Canadian Collateral Agent shall have received
such Canadian Intercompany Note, together with undated instruments of transfer thereto
endorsed in blank.

(c) All documents and instruments, including UCC, PPSA or other applicable personal property
security financing statements and Intellectual Property Security Agreements (as defined in the
Security Agreements), required by Applicable Law to be filed, registered or recorded to create the
Liens intended to be created by the Security Documents and perfect such Liens to the extent
required by, and with the priority required by, the Security Documents shall have been filed,
registered or recorded or delivered to the US Collateral Agent or the Canadian Collateral Agent, as
applicable, in appropriate form for filing, registration or recording under the UCC, the PPSA, the
United States Patent and Trademark Office, the United States Copyright Office, the Canadian
Intellectual Property Office or otherwise.

(d) The Administrative Agents shall have received a completed Perfection Certificate, dated
the Closing Date and signed by an Authorized Officer of each Borrower and each Guarantor, together
with all attachments contemplated thereby.

 

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Notwithstanding anything to the contrary herein, with respect to any Collateral (other than
Collateral consisting of the Capital Stock of the Company and the Capital Stock of any US or
Canadian Subsidiary of the Company required to be pledged pursuant to Section 6.2(a)), the security
interest in which cannot be perfected by the filing of a UCC or PPSA financing statement, if the
perfection of the US Collateral Agent’s or Canadian Collateral Agent’s security interest in such
Collateral cannot be accomplished on or prior to the Closing Date without undue burden or expense
or without the taking of any action that goes beyond commercial reasonableness, then the delivery
of documents and instruments for the perfection of such security interest shall not constitute a
condition precedent to the initial Credit Event to occur on the Closing Date. To the extent that
any such security interest is not so perfected on or prior to the Closing Date, then Holdings and
the Borrowers agree to deliver or cause to be delivered such documents and instruments, and take or
cause to be taken such other actions as may be required to perfect such security interests, on or
prior to the date that is 90 days after the Closing Date or such longer period of time as may be
agreed to by the US Collateral Agent in its sole discretion.

6.3 Legal Opinions. The Administrative Agents shall have received the following executed legal opinions of:

(a) Simpson Thacher & Bartlett LLP, New York counsel to Holdings, the Company and its
Subsidiaries, substantially in the form of Exhibit G-1;

(b) Osler, Hoskin & Harcourt LLP, Canadian counsel to Holdings, the Company and its
Subsidiaries, substantially in the form of Exhibit G-2; and

(c) the opinions of local Canadian counsel to Holdings, the Company and its
subsidiaries each in a form reasonably acceptable to the Canadian Administrative Agent.

6.4 Structure and Terms of the Transactions.

(a) The First Merger shall have been consummated, or substantially simultaneously with the
initial Credit Event, shall be consummated, in accordance with the terms of the Purchase Agreement,
after giving effect to any modifications, amendments, consents or waivers by you thereto, other
than those that are materially adverse to the interests of the Lenders (it being understood that
any modification, amendment, consent or waiver to the definition of Company Material Adverse Effect
or any material reduction in the Per Share Merger Consideration (as defined in the Purchase
Agreement) shall be deemed to be materially adverse to the interests of the Lenders) unless
consented to in writing by the Joint Lead Arrangers. The Administrative Agents shall have received
certified copies of the Purchase Agreement and all material certificates and other material
documents delivered thereunder.

(b) The Equity Contribution shall have been made, or substantially simultaneously with the
initial Credit Event hereunder shall be made, in at least the amount set forth in the fourth
recital to this Agreement.

(c) The Borrower shall have received, or substantially simultaneously with the initial Credit
Event shall receive, $730,000,000 in gross cash proceeds from the issuance of the Senior Secured
Notes, which Senior Secured Notes shall have a maturity date that is not earlier than the seventh
anniversary of the Closing Date.

(d) The Administrative Agents shall have received (i) either (A) evidence reasonably
satisfactory to the Administrative Agents that all outstanding third party Indebtedness will be
refinanced other than as listed on Schedule 6.4(d) or (B) a fully executed pay-off letter,
confirming the repayment in full of, and the termination of any commitments to make extensions of
credit under, all of the outstanding third party Indebtedness other than as listed on Schedule
6.4(d) and (ii) such UCC or PPSA (or equivalent) termination statements, financing charge
statements, evidencing releases, mortgage releases, releases of assignments of leases and rents,
releases of security interests in intellectual property and other instruments from any Person
holding any Lien securing any such Indebtedness, in each case in proper form for recording or
filing, as the Administrative Agents shall have reasonably requested to release and terminate of
record the Liens securing such Indebtedness (collectively, the “Refinancing”).

(e) Substantially simultaneously with the initial borrowing under the Credit Facilities, the
Refinancing shall be consummated. After giving effect to the Transactions, the Company and its
Subsidiaries shall have outstanding no third party Indebtedness, other than (i) Indebtedness
outstanding under this Agreement and the Senior Secured Notes, (ii) the Existing Notes
(provided that, with respect to any Existing Notes that have not been repaid as of the
Closing Date, irrevocable notices of redemption shall have been delivered with respect thereto
providing for a redemption date 30 days after the Closing Date and the relevant debt instruments
with respect thereto shall have been discharged in accordance with their terms on the Closing Date
and (iii) the Closing Date Indebtedness.

 

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6.5 Closing Certificates. The Administrative Agents shall have received a certificate of each Person that is a Credit
Party as of the Closing Date, dated the Closing Date, substantially in the form of Exhibit H, with
appropriate insertions, executed by the President or any Vice President and the Secretary or any
Assistant Secretary of such Credit Party, and attaching the documents referred to in Sections 6.6
and 6.7.

6.6 Corporate Proceedings. The Administrative Agents shall have received a copy of the resolutions, in form and
substance reasonably satisfactory to the Administrative Agents, of the Board of Directors or other
governing body, as applicable, of each Person that is a Credit Party as of the Closing Date (or a
duly authorized committee thereof) authorizing (a) the execution, delivery and performance of the
Credit Documents (and any agreements relating thereto) to which it is a party and (b) in the case
of the Borrowers, the extensions of credit contemplated hereunder and under the Credit Documents.

6.7 Corporate Documents. The Administrative Agents shall have received true and complete copies of the
Organizational Documents of each Person that is a Credit Party as of the Closing Date.

6.8 Fees and Expenses. The fees in the amounts previously agreed in writing by the Agents and the Joint
Bookrunners to be received on the Closing Date and all reasonable out-of-pocket expenses (including
the reasonable fees, disbursements and other charges of counsel) for which invoices have been
presented at least three Business Days prior to the Closing Date shall have been paid in full
(which amounts may be offset against the proceeds of the Loans).

6.9 Solvency Certificate. The Administrative Agents shall have received a certificate from the chief financial
officer of the Company in the form of Exhibit N.

6.10 Financial Statements.

(a) The Administrative Agents shall have received the Historical Financial Statements.

(b) The Administrative Agents shall have received a pro forma consolidated balance sheet and
related pro forma consolidated statement of income of the Company as of and for the twelve-month
period ending on the last day of the most recently completed four-fiscal quarter period ended at
least 45 days prior to the Closing Date, prepared after giving effect to the Transactions as if the
Transactions had occurred as of such date (in the case of such balance sheet) or at the beginning
of such period (in the case of such other financial statements), which need not be prepared in
compliance with Regulation S-X of the Securities Act of 1933, as amended, or include adjustments
for purchase accounting (including adjustments of the type contemplated by Financial Accounting
Standards Board Accounting Standards Codification 805, Business Combinations (formerly SFAS 141R)).

6.11 Insurance Certificates. The Administrative Agents shall have received copies of insurance certificates evidencing
the insurance required to be maintained by the Company and the Restricted Subsidiaries pursuant to
Section 9.3, each of which shall be endorsed or otherwise amended to include a “standard” or “New
York” lender’s additional loss payee or additional mortgagee endorsement (as applicable) and shall
name the US Collateral Agent or the Canadian Collateral Agent, as applicable, and the Secured
Parties, as additional insureds, in form and substance reasonably satisfactory to the
Administrative Agent (provided that if such endorsement or amendment cannot be delivered by
the Closing Date, the US Administrative Agent may consent to such endorsement or amendment being
delivered at such later date as it reasonably deems appropriate in the circumstances).

6.12 Company Material Adverse Effect. Except as set forth on the Disclosure Schedule (as defined in the Purchase Agreement) (it
being understood and agreed that each item in a particular section of the Disclosure Schedule
applies to the corresponding section of the Purchase Agreement and any other section of the
Purchase Agreement as to which its relevance is reasonably apparent on its face), since July 3,
2010 through the date of the Purchase Agreement, there have not been any events, changes,
occurrences, effects or circumstances that, individually or in the aggregate, have had or would
reasonably be expected to have a Company Material Adverse Effect. Since the date of the Purchase
Agreement, there have not been any events, changes, occurrences, effects or circumstances that,
individually or in the aggregate, have had or would reasonably be expected to have a Company
Material Adverse Effect.

6.13 Representations and Warranties. The representations and warranties in the Purchase Agreement relating to the Target, its
Subsidiaries and their respective businesses that are material to the interests of the Lenders
shall be true and correct on and as of the Closing Date (except where such representations and
warranties expressly relate to an earlier date, in which case such representations and warranties
shall have been true and correct as of such earlier date) unless, as a result of any failure to be
so true and correct, the Parent or Merger Sub does not have the right to terminate its obligations
under the Purchase Agreement as a result of a breach of such representations.

 

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6.14 Borrowing Base Certificate. The Company shall have provided a completed Borrowing Base Certificate certified on behalf
of the Borrowers by an Authorized Officer of the Company as complete and correct in all material
respects setting forth the US Borrowing Base and Canadian Borrowing Base as at the end of the most
recent calendar month ended at least 20 Business Days (or such shorter period as may be elected by
the Company) prior to the Closing Date, and giving effect to the Inventory Appraisal and, to the
extent included in the Canadian Borrowing Base, appraisals of Equipment and Real Property then
available.

6.15 PATRIOT ACT. The Administrative Agents shall have received all documentation and other information about
the Borrowers and the Guarantors as has been reasonably requested in writing at least 10 days prior
to the Closing Date by the US Administrative Agent or the Joint Lead Arrangers that either
reasonably determines is required by regulatory authorities under applicable “know your customer”
and anti-money laundering rules and regulations, including without limitation the PATRIOT ACT.

SECTION 7. Conditions Precedent to All Credit Events

7.1 No Default; Representations and Warranties. The agreement of each Lender to make any Loan requested to be made by it on any date
(excluding Mandatory Borrowings and Loans made pursuant to Section 3.3 or 3.4(a)) and the
obligation of the Letter of Credit Issuers to issue, amend, extend, or renew Letters of Credit on
any date is subject to the satisfaction of the condition precedent that at the time of each such
Credit Event and also after giving effect thereto (a) except in the case of the Credit Events to
occur on the Closing Date, no Default or Event of Default shall have occurred and be continuing and
(b) all representations and warranties made by any Credit Party contained herein or in the other
Credit Documents shall be true and correct in all material respects with the same effect as though
such representations and warranties had been made on and as of the date of such Credit Event
(except where such representations and warranties expressly relate to an earlier date, in which
case such representations and warranties shall have been true and correct in all material respects
as of such earlier date); provided that, in the case of the initial Credit Event to occur
on the Closing Date, such representations and warranties shall be limited to the Specified
Representations. For purposes of this Section 7.1, the Specified Representations shall mean the
representations and warranties set forth in Sections 8.1(a) (as it relates to Holdings), 8.2 (other
than the last sentence thereof), 8.3 (but only with respect to clauses (i) and (iii) thereof), 8.5,
8.7, 8.16, 8.18 and 8.19 and, subject to the last paragraph of Section 6.2, Section 3.3 of the
Security Agreement and Section 5(f) of the Pledge Agreement. The acceptance of the benefits of
each such Credit Event shall constitute a representation and warranty by each Credit Party to each
of the Lenders that the conditions contained in this Section 7.1 have been met as of such date.

7.2 Notice of Borrowing; Letter of Credit Request.

(a) Prior to the making of each Revolving Credit Loan (other than any Revolving Credit Loan
made pursuant to Section 3.4(a)) and each Swingline Loan, the US Administrative Agent or the
Canadian Administrative Agent, as applicable, shall have received a Notice of Borrowing meeting the
requirements of Section 2.3.

(b) Prior to the issuance of each Letter of Credit, the US Administrative Agent or the
Canadian Administrative Agent, as applicable and the Letter of Credit Issuer shall have received a
Letter of Credit Request meeting the requirements of Section 3.2(a).

7.3 Fixed Charge Coverage Ratio. If, after the Closing Date and during the five consecutive Business Day period when Excess
Availability is less than the FCCR Threshold, but the financial maintenance covenant set forth in
Section 10.11 is not yet applicable, the Fixed Charge Coverage Ratio as of the end of the most
recently ended Test Period prior to the date of such Credit Event, calculated on a Pro Forma Basis
to give effect to such Credit Event as if such Credit Event had been consummated on the first day
of such period, shall be equal to or greater than 1.00 to 1.00.

SECTION 8. Representations, Warranties and Agreements

In order to induce the Lenders and the Letter of Credit Issuers to enter into this Agreement,
make the Loans and issue, renew, amend, extend or participate in Letters of Credit as provided for
herein, each of Holdings and the Borrowers make the following representations and warranties to,
and agreements with, the Lenders and the Letter of Credit Issuers, all of which shall survive the
execution and delivery of this Agreement, the making of the Loans and the issuance, renewal,
amendment or extension of the Letters of Credit:

8.1 Corporate Status. Holdings, the Company and each Restricted Subsidiary (a) is a duly organized and validly
existing corporation or other entity in good standing under the laws of the jurisdiction of its
organization and has the corporate or other organizational power and authority to own its property
and assets and to transact the business in which it is engaged and (b) has duly qualified and is
authorized to do business and is in good standing in all jurisdictions where it is required
to be so qualified, except where the failure to be so qualified could not reasonably be
expected to result in a Material Adverse Effect.

 

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8.2 Corporate Power and Authority; Enforceability. Each Credit Party has the corporate or other organizational power and authority to execute,
deliver and carry out the terms and provisions of the Credit Documents to which it is a party and
has taken all necessary corporate or other organizational action to authorize the execution,
delivery and performance of the Credit Documents to which it is a party. Each Credit Party has
duly executed and delivered each Credit Document to which it is a party and each such Credit
Document constitutes the legal, valid and binding obligation of such Credit Party enforceable in
accordance with its terms, subject to the effects of bankruptcy, insolvency, fraudulent conveyance,
reorganization and other similar laws relating to or affecting creditors’ rights generally and
general principles of equity (whether considered in a proceeding in equity or law). Holdings, the
Company and each of the Restricted Subsidiaries (a) is in compliance with all Applicable Laws and
(b) has all requisite governmental licenses, authorizations, consents and approvals to operate its
business as currently conducted except, in each case to the extent that failure to be in compliance
therewith or to have all such licenses, authorizations, consents and approvals could not reasonably
be expected to have a Material Adverse Effect.

8.3 No Violation. None of (a) the execution, delivery and performance by any Credit Party of the Credit
Documents to which it is a party and compliance with the terms and provisions thereof or (b) the
consummation of the other transactions contemplated hereby or thereby on the relevant dates
therefor will (i) contravene any applicable provision of any material Applicable Law of any
Governmental Authority, (ii) result in any breach of any of the terms, covenants, conditions or
provisions of, or constitute a default under, or result in the creation or imposition of (or the
obligation to create or impose) any Lien upon any of the property or assets of any of Holdings, the
Company or any of the Restricted Subsidiaries (other than Liens created under the Credit Documents)
and the Senior Secured Notes Documents pursuant to, the terms of any indenture, loan agreement,
lease agreement, mortgage or deed of trust or any other Contractual Obligation to which Holdings,
the Company or any of their Restricted Subsidiaries is a party or by which they or any of their
property or assets is bound, except to the extent that any such conflict, breach, contravention,
default, creation or imposition could not reasonably be expected to result in a Material Adverse
Effect or (iii) violate any provision of the Organizational Documents of Holdings, the Company or
any of their Restricted Subsidiaries.

8.4 Litigation. There are no actions, suits, investigations or proceedings (including Environmental Claims)
pending or, to the knowledge of Holdings or the Company, threatened with respect to Holdings, the
Borrowers or any of the Restricted Subsidiaries that (a) involve any of the Credit Documents or (b)
could reasonably be expected to result in a Material Adverse Effect.

8.5 Margin Regulations. Neither the making of any Loan hereunder nor the use of the proceeds thereof will violate
the provisions of Regulation T, Regulation U or Regulation X of the Board.

8.6 Governmental Approvals. No order, consent, approval, license, authorization, or validation of, or filing, recording
or registration with, or exemption by, any Governmental Authority is required to authorize or is
required in connection with (a) the execution, delivery and performance of any Credit Document or
(b) the legality, validity, binding effect or enforceability of any Credit Document, except, in the
case of either clause (a) or (b), (i) such as have been obtained or made and are in full force and
effect and (ii) filings and recordings in respect of Liens created pursuant to the Security
Documents.

8.7 Investment Company Act. None of the Credit Parties is an “investment company” within the meaning of the Investment
Company Act of 1940, as amended.

8.8 True and Complete Disclosure.

(a) None of the written information or written data (taken as a whole) heretofore or
contemporaneously furnished by Holdings, the Company, any of their respective Subsidiaries or any
of their respective authorized representatives to any Agent or any Lender on or before the Closing
Date (including (i) the Confidential Information Memorandum (including all information incorporated
by reference therein) and (ii) all information contained in the Credit Documents) for purposes of
or in connection with this Agreement or any transaction contemplated herein contained any untrue
statement of material fact or omitted to state any material fact necessary to make such information
and data (taken as a whole) not materially misleading at such time (after giving effect to all
supplements so furnished prior to such time) in light of the circumstances under which such
information or data was furnished; it being understood and agreed that for purposes of this Section
8.8(a), such factual information and data shall not include projections (including financial
estimates, forecasts and other forward-looking information), pro forma financial information or
information of a general economic or general industry nature.

 

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(b) The projections and pro forma financial information contained in the information and data
referred to in Section 8.8(a) were prepared in good faith based upon assumptions believed by
Holdings and the Company to be reasonable
at the time made; it being recognized by the Agents and the Lenders that such projections are
as to future events and are not to be viewed as facts, the projections are subject to significant
uncertainties and contingencies, many of which are beyond the control of Holdings, the Company and
the Restricted Subsidiaries, that no assurance can be given that any particular projections will be
realized and that actual results during the period or periods covered by any such projections may
differ from the projected results and such differences may be material.

8.9 Financial Statements. The Historical Financial Statements present fairly in all material respects the financial
position and results of operations of the Company and its consolidated Subsidiaries at the
respective dates of such information and for the respective periods covered thereby and have been
prepared in accordance with GAAP consistently applied, except to the extent provided in the notes
thereto and subject, in the case of the unaudited financial information, to changes resulting from
audit and normal year end audit adjustments and to the absence of footnotes.

8.10 Tax Returns and Payments, etc. Holdings, the Company and each of the Restricted Subsidiaries have filed all federal income
tax returns and all other material tax returns, domestic and foreign, required to be filed by them
and have paid all material taxes and assessments payable by them that have become due (whether or
not shown on a tax return), other than those not yet delinquent or being diligently contested in
good faith by appropriate proceedings and for which adequate reserves have been established on the
applicable financial statements in accordance with GAAP. Each of Holdings, the Company and each of
the Restricted Subsidiaries have paid, or have provided adequate accruals or reserves in accordance
with GAAP for the payment of, all material taxes applicable for all prior fiscal years and for the
current fiscal year to the Closing Date. As of the Closing Date, none of the Company, Holdings or
any of the Restricted Subsidiaries has engaged in any “listed transactions” within the meaning of
the Code.

8.11 Compliance with ERISA and Canadian Pension Laws. (a) Each Pension Plan is in compliance with ERISA, the Code and any Applicable Law; no
Reportable Event has occurred (or is reasonably likely to occur) with respect to any Pension Plan
or Multiemployer Plan; no Pension Plan or Multiemployer Plan is insolvent or in reorganization (or
is reasonably likely to be insolvent or in reorganization), and no written notice of any such
insolvency or reorganization has been given to any of Holdings, the Company, any of the Restricted
Subsidiaries or any ERISA Affiliate; neither Holdings, the Company, any of the Restricted
Subsidiaries nor any ERISA Affiliate has failed to satisfy the minimum funding standard under
Section 412 of the Code and Section 302 of ERISA, or has otherwise failed to make a required
contribution to a Pension Plan or Multiemployer Plan, whether or not waived, with respect to any
Pension Plan or Multiemployer Plan (or is reasonably likely to fail to satisfy such minimum funding
standard or make such required contribution); none of Holdings, the Company, any of the Restricted
Subsidiaries or any ERISA Affiliate has incurred (or is reasonably likely expected to incur) any
liability to or on account of a Pension Plan or Multiemployer Plan pursuant to Section 409, 502(i),
502(l), 515, 4062, 4063, 4064, 4069, 4201 or 4204 of ERISA or Section 4971 or 4975 of the Code or
has been notified in writing that it will incur any liability under any of the foregoing Sections
with respect to any Pension Plan or Multiemployer Plan; no proceedings have been instituted (or are
reasonably likely to be instituted) to terminate or to reorganize any Pension Plan or to appoint a
trustee to administer any Pension Plan, and no written notice of any such proceedings has been
given to any of Holdings, the Company, any of the Restricted Subsidiaries or any ERISA Affiliate;
and the conditions for imposition of a Lien that could be imposed under the Code or ERISA on the
assets of any of Holdings, the Company, any of the Restricted Subsidiaries or any ERISA Affiliate
do not exist (or are not reasonably likely to exist) nor has Holdings, the Company, any of the
Restricted Subsidiaries or any ERISA Affiliate been notified in writing that such a lien will be
imposed on the assets of any of Holdings, the Company, any of the Restricted Subsidiaries or any
ERISA Affiliate on account of any Pension Plan, except to the extent that a breach of any of the
representations, warranties or agreements in this Section 8.11(a) would not result, individually or
in the aggregate, in an amount of liability that would be reasonably likely to have a Material
Adverse Effect. No Pension Plan has an Unfunded Current Liability that would, individually or when
taken together with any other liabilities referenced in this Section 8.11(a), be reasonably likely
to have a Material Adverse Effect. With respect to Multiemployer Plans, the representations and
warranties in this Section 8.11(a), other than any made with respect to (x) liability under Section
4201 or 4204 of ERISA or (y) liability for termination or reorganization of such Multiemployer
Plans under ERISA, are made to the best knowledge of the Company.

(b) With respect to any Canadian Pension Plan, to the best of the knowledge of Holdings or the
Borrowers, except as would not, individually and in the aggregate, reasonably be expected to have a
Material Adverse Effect: (i) the Canadian Pension Plans are duly registered under all applicable
Canadian and provincial pension benefits legislation, (ii) all obligations of any Borrower or
Guarantor required to be performed in connection with the Canadian Pension Plans or the funding
agreements therefor have been performed in a timely fashion and there are no outstanding disputes
concerning the assets held pursuant to any such funding agreement, (iii) all contributions or
premiums required to be made by any Borrower or Guarantor to the Canadian Pension Plans have been
made in a timely fashion in accordance with the terms of the Canadian Pension Plans and applicable
laws and regulations, (iv) all employee contributions to the Canadian Pension Plans required to be
made by way of authorized payroll deduction have been properly withheld by each Borrower or
Guarantor and fully paid into the Canadian Pension Plans in a timely fashion, (v) all reports and
disclosures relating to the Canadian Pension Plans required by any Applicable Laws have been filed
or distributed in a timely fashion, (vi) no amount is due and owing by any of the Canadian Pension
Plans under the Income Tax Act (Canada) or any provincial taxation statute, (vii) the Canadian
Pension Plans are fully funded in accordance with Applicable Law both on an ongoing basis and on a solvency basis (using actuarial
assumptions and methods which are consistent with the valuations last filed with the applicable
governmental authorities and which are consistent with generally accepted actuarial principles),
and (viii) none of the Canadian Pension Plans is the subject of an investigation, proceeding,
action or claim and there exists no state of fact which after notice or lapse of time or both would
reasonably be expected to give rise to any such proceedings.

 

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8.12 Subsidiaries. On the Closing Date (after giving effect to the Transactions), Holdings does not have any
Subsidiaries other than the Subsidiaries listed on Schedule 8.12. Schedule 8.12 sets forth, as of
the Closing Date, the name and the jurisdiction of organization of each Subsidiary and, as to each
Subsidiary, the percentage of each class of Capital Stock owned by any Credit Party and the
designation of such Subsidiary as a Guarantor, a Restricted Subsidiary, an Unrestricted Subsidiary,
a Specified Subsidiary or an Immaterial Subsidiary. The Company does not own or hold, directly or
indirectly, any Capital Stock of any Person other than such Subsidiaries and Investments permitted
by Section 10.5.

8.13 Intellectual Property. Each of Holdings, the Company and each of the Restricted Subsidiaries have title to, or a
valid license or otherwise have a right to use, all patents, trademarks, servicemarks, trade names,
copyrights and all applications therefor and licenses thereof, and all other intellectual property
rights, free and clear of all Liens (other than Liens permitted by Section 10.2), that are
necessary for the operation of their respective businesses as currently conducted, except where the
failure to have any such title, license or rights could not reasonably be expected to have a
Material Adverse Effect. Except as could not reasonably be expected to have a Material Adverse
Effect, to the Company’s knowledge, no patent, patent application, trademark, trademark
application, copyright, copyright application, Internet domain name, other intellectual property
(excluding any copyright license, patent license, or trademark license), now employed by any of the
Credit Parties materially infringes upon, misappropriates, or otherwise violates any rights owned
by any other Person with regard to any Intellectual Property, and no material claim or litigation
regarding the foregoing is pending or, to the Company’s knowledge, threatened against it.

8.14 Environmental Laws.

(a) Except as could not reasonably be expected to have a Material Adverse Effect, (i)
Holdings, the Company and each of the Restricted Subsidiaries, and each of their respective
operations and properties are and have been in compliance with all Environmental Laws (including
having obtained and complied with all permits required under Environmental Laws for their current
operations); (ii) there are no facts, circumstances or conditions arising out of or relating to the
operations of Holdings, the Company or any of the Restricted Subsidiaries or to the knowledge of
Holdings, the Company and each of the Restricted Subsidiaries, operations of any of their
respective predecessors in interest or any currently or formerly owned, operated or leased Real
Property that would reasonably be expected to result in Holdings, the Company or any of the
Restricted Subsidiaries incurring liability under any Environmental Law; and (iii) none of
Holdings, the Company or any of the Restricted Subsidiaries has become subject to any pending or,
to the knowledge of Holdings or the Company, threatened Environmental Claim or, to the knowledge of
the Company, any other liability under any Environmental Law.

(b) None of Holdings, the Company or any of the Restricted Subsidiaries has treated, stored,
transported or Released or arranged for disposal or treatment or the transport for disposal or
treatment of Hazardous Materials at or from any currently or formerly owned, operated or leased
Real Property in a manner that could reasonably be expected to have a Material Adverse Effect.

8.15 Properties, Assets and Rights.

(a) Each of Holdings, the Company and each of the Restricted Subsidiaries have good and
marketable title to, valid leasehold interest in, or easements, licenses or other limited property
interests in, all properties (other than intellectual property) that are necessary for the
operation of their respective businesses as currently conducted and as proposed to be conducted,
except where the failure to have such good title could not reasonably be expected to have a
Material Adverse Effect. None of such properties and assets is subject to any Lien, except for
Liens permitted under Section 10.2.

(b) Set forth on Schedule 8.15 hereto is a complete and accurate list of all Real Property
owned in fee by the Credit Parties on the Closing Date after giving effect to the Transactions,
showing as of the Closing Date the street address, county or other relevant jurisdiction, state and
record owner thereof.

(c) All permits required to have been issued or appropriate to enable all Real Property of the
Credit Parties to be lawfully occupied and used for all of the purposes for which they are
currently occupied and used have been lawfully issued and are in full force and effect, other than
those permits the failure of which to be issued or to so enable lawful occupation and use could not
reasonably be expected to have a Material Adverse Effect.

 

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8.16 Solvency. On the Closing Date after giving effect to the Transactions, the Credit Parties and their
Subsidiaries, on a consolidated basis, are Solvent.

8.17 Material Adverse Change. Since the Closing Date, there have been no events or developments that have had or could
reasonably be expected to have a Material Adverse Effect.

8.18 Anti-Terrorism Laws. No Credit Party is in material violation of (a) the Trading with the Enemy Act, and each of the
material foreign assets control regulations of the United States Treasury Department (31 CFR,
Subtitle B Chapter V, as amended) and any other material enabling legislation or executive order
relating thereto, (b) the PATRIOT ACT or (c) other material Applicable Laws relating to “know your
customer” and anti-money laundering rules and regulations. No part of the proceeds of any Loan
will be used directly or indirectly for any payments to any government official or employee,
political party, official of a political party, candidate for political office, or anyone else
acting in an official capacity, in order to obtain, retain or direct business or obtain any
improper advantage, in violation of the United States Foreign Corrupt Practices Act of 1977.

8.19 Senior Debt. On the Closing Date, the Obligations constitute “Senior Debt” and “Designated
Senior Debt” (or any other terms of similar meaning and import) under any documentation
governing Subordinated Indebtedness of the Company and its Restricted Subsidiaries (to the extent
the concept of Designated Senior Debt (or similar concept) exists therein).

8.20 Use of Proceeds. The Borrowers will use the proceeds of (a) the Revolving Credit Loans in an amount not to exceed
$73,000,000 made on the Closing Date to pay a portion of the Merger Funds and (b) the Revolving
Credit Loans, Letters of Credit and Swingline Loans on and after the Closing Date to provide
working capital and for other general corporate purposes of the Company and its Restricted
Subsidiaries.

SECTION 9. Affirmative Covenants

Each of the Borrowers hereby covenants and agrees that on the Closing Date and thereafter,
until the Total Revolving Credit Commitment and all Letters of Credit have terminated (unless such
Letters of Credit have been Cash Collateralized on terms and conditions set forth in Section 3.7
following the termination of the Commitments) and the Loans and Unpaid Drawings, together with
interest, Fees and all other Obligations incurred under the Credit Documents (other than Cash
Management Obligations under Secured Cash Management Agreements, Hedging Obligations under Secured
Hedge Agreements and contingent indemnification obligations), are paid in full:

9.1 Information Covenants. The Borrower will furnish to the US Administrative Agent for prompt further distribution to
each Lender:

(a) Annual Financial Statements. As soon as available and in any event on or
before the date that is 90 days after the end of each such fiscal year (or in the case of
financial statements for the fiscal year ended January 2, 2011, on or before the date that
is 120 days after the end of such fiscal year), the consolidated balance sheet of the
Company and its consolidated Subsidiaries and, if different, the Company and the Restricted
Subsidiaries, in each case as at the end of such fiscal year, and the related consolidated
statement of operations and cash flows for such fiscal year, setting forth comparative
consolidated figures for the preceding fiscal year (or, in lieu of such audited financial
statements of the Company and the Restricted Subsidiaries, a detailed reconciliation,
reflecting such financial information for the Company and the Restricted Subsidiaries, on
the one hand, and the Company and its consolidated Subsidiaries, on the other hand), all in
reasonable detail and prepared in accordance with GAAP and, except with respect to such
reconciliation, certified by independent registered public accountants of recognized
national standing whose opinion shall not be qualified as to the scope of audit or as to the
status of the Company and its consolidated Subsidiaries as a going concern, together in any
event with a certificate of such accounting firm stating that in the course of its regular
audit of the business of the Company and its consolidated Subsidiaries, which audit was
conducted in accordance with generally accepted auditing standards, such accounting firm has
obtained no knowledge of any Event of Default relating to Section 10.11 (if such covenant is
required to be computed at such time) that has occurred and is continuing or, if in the
opinion of such accounting firm such an Event of Default has occurred and is continuing, a
statement as to the nature thereof. Notwithstanding the foregoing, the obligations in this
Section 9.1(a) may be satisfied with respect to financial information of the Company and its
consolidated Subsidiaries by furnishing (A) the applicable financial statements of Holdings
(or any direct or indirect parent of Holdings) or (B) the Company’s or Holdings’ (or any
direct or indirect parent thereof), as applicable, Form 10-K, filed with the SEC;
provided that, with respect to each of clauses (A) and (B), (i) to the extent such
information relates to Holdings (or a parent thereof), such information is accompanied by
consolidating information that explains in reasonable detail the differences between the
information relating to Holdings (or such parent), on the one hand, and the information
relating to the Company and its consolidated Subsidiaries
on a standalone basis, on the other hand and (ii) to the extent such information is in
lieu of information required to be provided under the first sentence of this Section 9.1(a),
such materials are accompanied by an opinion of an independent registered public accounting
firm of recognized national standing, which opinion shall not be qualified as to the scope
of audit or as to the status of Holdings (or such parent) and its consolidated Subsidiaries
as a going concern.

 

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(b) Quarterly Financial Statements. As soon as available and in any event on
or before the date that is 45 days after the end of each of the first three quarterly
accounting periods in each fiscal year of the Company (or, in the case of financial
statements for the fiscal quarters ended October 2, 2010 and April 2, 2011, on or before the
date that is 60 days after the end of such fiscal quarter), the consolidated balance sheet
of the Company and its consolidated Subsidiaries and, if different, the Company and the
Restricted Subsidiaries, in each case as at the end of such quarterly period and the related
consolidated statement of operations for such quarterly accounting period and for the
elapsed portion of the fiscal year ended with the last day of such quarterly period, and the
related consolidated statement of cash flows for the elapsed portion of the fiscal year
ended with the last day of such quarterly period, and setting forth comparative consolidated
figures for the related periods in the prior fiscal year or, in the case of such
consolidated balance sheet, for the last day of the prior fiscal year (or in lieu of such
audited financial statements of the Company and the Restricted Subsidiaries, a detailed
reconciliation, reflecting such financial information for the Company and the Restricted
Subsidiaries, on the one hand, and the Company and its consolidated Subsidiaries on the
other hand), all in reasonable detail and all of which shall be certified by an Authorized
Officer of the Company as fairly presenting in all material respects the financial
condition, results of operations, shareholders’ equity and cash flows of the Company and its
consolidated Subsidiaries in accordance with GAAP, subject to changes resulting from audit
and normal year-end audit adjustments and to the absence of footnotes. Notwithstanding the
foregoing, the obligations in this Section 9.1(b) may be satisfied with respect to financial
information of the Company and its consolidated Subsidiaries by furnishing (A) the
applicable financial statements of Holdings (or any direct or indirect parent of Holdings)
or (B) the Company’s or Holdings’ (or any direct or indirect parent thereof), as applicable,
Form 10-Q, filed with the SEC; provided that, with respect to each of clauses (A)
and (B), to the extent such information relates to Holdings (or a parent thereof), such
information is accompanied by consolidating information that explains in reasonable detail
the differences between the information relating to Holdings (or such parent), on the one
hand, and the information relating to the Company and its consolidated Subsidiaries on a
standalone basis, on the other hand.

(c) Monthly Financial Statements. As soon as available and in any event on or
before the date that is 30 days after the end of each of the first two months of each fiscal
quarter, beginning with the month ending November 6, 2010, the consolidated balance sheet of
the Company and its consolidated Subsidiaries and, if different, the Company and the
Restricted Subsidiaries, in each case as at the end of such monthly period and the related
consolidated statement of operations for such monthly accounting period and for the elapsed
portion of the fiscal year ended with the last day of such monthly period, and the related
consolidated statement of cash flows for the elapsed portion of the fiscal year ended with
the last day of such monthly period, and setting forth comparative consolidated figures for
the related periods in the prior fiscal year or, in the case of such consolidated balance
sheet, for the last day of the prior fiscal year (or in lieu of such audited financial
statements of the Company and the Restricted Subsidiaries, a detailed reconciliation,
reflecting such financial information for the Company and the Restricted Subsidiaries, on
the one hand and the Company and its consolidated Subsidiaries on the other hand), all in
reasonable detail and all of which shall be certified by an Authorized Officer of the
Company as fairly presenting in all material respects the financial condition, results of
operations and shareholders’ equity of the Company and its consolidated Subsidiaries in
accordance with GAAP, subject to changes resulting from audit and normal year-end audit
adjustments and to the absence of footnotes. Notwithstanding the foregoing, the obligations
in this Section 9.1(c) may be satisfied with respect to financial information of the Company
and its consolidated Subsidiaries by furnishing the applicable financial statements of
Holdings (or any direct or indirect parent of Holdings); provided that, to the
extent such information relates to Holdings (or a parent thereof), such information is
accompanied by consolidating information that explains in reasonable detail the differences
between the information relating to Holdings (or such parent), on the one hand, and the
information relating to the Company and its consolidated Subsidiaries on a standalone basis,
on the other hand.

(d) Budget. Within 90 days after the commencement of each fiscal year of the
Company (and for the first time with respect to the fiscal year of the Company starting on
January 2, 2011), a detailed budget, broken down by fiscal month, of the Company and its
Restricted Subsidiaries in reasonable detail for that fiscal year as customarily prepared by
management of the Company for its internal use consistent in scope with the financial
statements provided pursuant to Section 9.1(a) (but including, in any event, a projected
consolidated balance sheet of the Company and its Restricted Subsidiaries as of the end of
the following fiscal year, and the related consolidated statements of projected cash flow
and projected income and showing estimated Excess Availability broken down by fiscal month)
and setting forth the principal assumptions upon which such budget is based.

 

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(e) Officer’s Certificates. At the time of the delivery of the financial
statements provided for in Sections 9.1(a) and 9.1(b), a certificate of an Authorized
Officer of the Company to the effect that no Default or Event of
Default exists or, if any Default or Event of Default does exist, specifying the nature
and extent thereof, which certificate shall set forth (i) if applicable, the calculations
required to establish whether the Company and its Restricted Subsidiaries were in compliance
with the provisions of Section 10.11 as at the end of such fiscal year or period, as the
case may be, (ii) a specification of any change in the identity of the Restricted
Subsidiaries, the Unrestricted Subsidiaries, the Specified Subsidiaries, the Immaterial
Subsidiaries and the Foreign Subsidiaries as at the end of such fiscal year or period, as
the case may be, from the Restricted Subsidiaries, the Unrestricted Subsidiaries, the
Specified Subsidiaries, the Immaterial Subsidiaries and the Foreign Subsidiaries,
respectively, provided to the Lenders on the Closing Date or the most recent fiscal year or
period, as the case may be, (iii) the calculations and basis, in reasonable detail, of any
“run rate” cost savings added back to Consolidated EBITDA pursuant to the provisions
of clause (a)(xi) of the definition thereof and (iv) the amount of any Pro Forma Adjustment
not previously set forth in a Pro Forma Adjustment Certificate or any change in the amount
of a Pro Forma Adjustment set forth in any Pro Forma Adjustment Certificate previously
provided and, in either case in reasonable detail, the calculations and basis therefor. At
the time of the delivery of the financial statements provided for in Section 9.1(a), a
certificate of an Authorized Officer of the Company setting forth the information required
pursuant to Section 2 of the Perfection Certificate or confirming that there has been no
change in such information since the Closing Date or the date of the most recent certificate
delivered pursuant to this Section 9.1(e), as the case may be.

(f) Management Discussion. Concurrently with the delivery of each set of
consolidated financial statements referred to in Sections 9.1(a) and 9.1(b), management’s
discussion and analysis of financial condition and results of operations of the Company and
its consolidated Subsidiaries.

(g) Notice of Certain Events. Promptly after an Authorized Officer of
Holdings, the Company or any of its Restricted Subsidiaries obtains knowledge thereof,
notice of (i) the occurrence of any event that constitutes a Default or an Event of Default,
which notice shall specify the nature thereof, the period of existence thereof and what
action Holdings or the Company proposes to take with respect thereto and (ii) any litigation
or governmental proceeding pending against Holdings, the Company or any of its Restricted
Subsidiaries that could reasonably be expected to result in a Material Adverse Effect.

(h) Environmental Matters. Promptly after obtaining knowledge of any one or
more of the following environmental matters, unless such environmental matters would not,
individually or when aggregated with all other such matters, be reasonably expected to
result in a Material Adverse Effect:

(i) any pending or threatened Environmental Claim against Holdings, the Company
or any of the Restricted Subsidiaries or any Real Property;

(ii) any condition or occurrence on, under or emanating from any Real Property
that (x) results in noncompliance by Holdings, the Company or any of the Restricted
Subsidiaries with any applicable Environmental Law or (y) could reasonably be
anticipated to form the basis of an Environmental Claim against Holdings, the
Company or any of the Restricted Subsidiaries or any Real Property;

(iii) any condition or occurrence on, under or emanating from any Real Property
that could reasonably be anticipated to cause such Real Property to be subject to
any restrictions on the ownership, occupancy, use or transferability of such Real
Property under any Environmental Law; and

(iv) the taking of any removal, remedial action or other corrective action in
response to the actual or alleged presence, Release or threatened Release of any
Hazardous Material on, under or emanating from any Real Property.

All such notices shall describe in reasonable detail the nature of the claim, investigation,
condition, occurrence or removal, remedial action and the response thereto.

(i) Other Information. Promptly upon filing thereof (or receipt in the case of
clause (iv) below), (i) copies of any filings (including on Form 10-K, 10-Q or 8-K) or
registration statements with, and reports to, the SEC or any analogous Governmental
Authority in any relevant jurisdiction by the Company or any of the Restricted Subsidiaries
(other than amendments to any registration statement (to the extent such registration
statement, in the form it becomes effective, is delivered to the US Administrative Agent for
further delivery to the Lenders), exhibits to any registration statement and, if applicable,
any registration statements on Form S-8), (ii) copies of all financial statements, proxy
statements, notices and reports that the Company or any of the Restricted Subsidiaries shall
send to the holders of any publicly issued debt of the Company and/or any of the Restricted
Subsidiaries in their capacity as such holders (in each case to the extent not theretofore
delivered to the US Administrative Agent for further delivery to the Lenders
pursuant to this Agreement), (iii) with reasonable promptness, such other information
(financial or otherwise) as the US Administrative Agent, the Canadian Administrative Agent
or Co-Collateral Agent on their own behalf or on behalf of any Lender may reasonably request
in writing from time to time and (iv) a copy of any “management letter” received by the
Company or any of its Restricted Subsidiaries from its certified public accountants and the
Company’s or any of its Restricted Subsidiaries’ responses thereto.

 

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(j) Pro Forma Adjustment Certificate. Not later than any date on which
financial statements are delivered with respect to any period in which a Pro Forma
Adjustment is made, a certificate of an Authorized Officer of the Borrower setting forth the
amount of such Pro Forma Adjustment and, in reasonable detail, the calculations and basis
therefor.

Documents required to be delivered pursuant to Sections 9.1(a), 9.1(b) or 9.1(f) or
9.1(i) or (ii) may be delivered electronically and if so delivered, shall be deemed to have
been delivered on the date (i) on which the Company posts such documents, or provides a link
thereto on the Company’s website on the Internet at the website address listed on Schedule
13.2; or (ii) on which such documents are posted on the Company’s behalf on SyndTrak or
another relevant website, if any, to which each Lender and the US Administrative Agent have
access (whether a commercial, third-party website or whether sponsored by the US
Administrative Agent); provided that: (i) upon written request by the US
Administrative Agent, the Company shall deliver paper copies of such documents to the US
Administrative Agent for further distribution to each Lender until a written request to
cease delivering paper copies is given by the US Administrative Agent and (ii) the Company
shall notify (which may be by facsimile or electronic mail) the US Administrative Agent of
the posting of any such documents and provide to the US Administrative Agent by electronic
mail electronic versions (i.e., soft copies) of such documents. Notwithstanding anything
contained herein, in every instance the Company shall be required to provide paper copies of
the certificates required by Section 9.1(e) to the US Administrative Agent. Each Lender
shall be solely responsible for timely accessing posted documents or requesting delivery of
paper copies of such documents from the US Administrative Agent and maintaining its copies
of such documents.

(k) Borrowing Base Certificates. (i) As soon as available and in any event
within 11 Business Days after the end of each fiscal month, a Borrowing Base Certificate,
certified on behalf of the Borrowers by a Authorized Officer of the Company as complete and
correct in all material respects, setting forth the US Borrowing Base, the Canadian
Borrowing Base, US Excess Availability and Canadian Excess Availability as at the last
Business Day of the immediately preceding fiscal month, and (ii) in addition, after the
occurrence and during the continuance of any Notice Event, on Wednesday of each week (or, if
Wednesday is not a Business Day, on the next succeeding Business Day), a Borrowing Base
Certificate showing the Company’s reasonable estimate (which shall be based on the most
current accounts receivable aging reasonably available and shall be calculated in a
consistent manner with the most recent Borrowing Base Certificates delivered pursuant to
clause (i) above) of the US Borrowing Base and the Canadian Borrowing Base (but not the
calculation of US Excess Availability and Canadian Excess Availability) as of the close of
business on the last Business Day of the immediately preceding calendar week.

(l) Inventory. At the US Administrative Agent’s or the Canadian Administrative
Agent’s, as applicable, or the Co-Collateral Agent’s request, as soon as available and in
any event within 15 Business Days after the end of each fiscal month, with respect to the
Borrowers, a summary of Inventory by location and type with a supporting perpetual inventory
report, in each case accompanied by such supporting detail and documentation as shall be
requested by the US Administrative Agent or the Canadian Administrative Agent, as
applicable, or the Co-Collateral Agent in such Person’s reasonable discretion.

(m) Aging Balance. At the US Administrative Agent’s or the Canadian
Administrative Agent’s, as applicable, or the Co-Collateral Agent’s request, as soon as
available and in any event within 15 Business Days after the end of each fiscal month, with
respect to the Borrowers, a monthly trial balance and Accounts aging report showing Accounts
outstanding aged from invoice date and/or due date accompanied by such supporting detail and
documentation as shall be requested by the US Administrative Agent or the Canadian
Administrative Agent, as applicable, or the Co-Collateral Agent in such Person’s reasonable
discretion.

(n) To the Administrative Agents and the Co-Collateral Agent, at the US Administrative
Agent’s or the Canadian Administrative Agent, as applicable, or the Co-Collateral Agent’s
request, at the time of delivery of each of the quarterly and/or annual financial statements
delivered pursuant to Sections 9.1(a) and 9.1(b): 

(i) a reconciliation of the most recent Borrowing Base, general ledger and
quarter-end and/or year-end Inventory reports of the Borrowers to the Company’s
general ledger;

 

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(ii) a reconciliation of the perpetual Inventory by location to the most recent
Borrowing Base Certificate to the Company’s general ledger;

(iii) an accounts payable trial balance and a reconciliation of that accounts
payable trial balance to the Company’s general ledger; and

(iv) a reconciliation of the outstanding Loans as set forth in the quarterly
loan account statement provided by the Administrative Agents to the Company’s
general ledger;

provided that, if requested by any Lender, the US Administrative Agent shall make
available to such Lender the documents that it has received under this Section 9.1(n);

(o) At the US Administrative Agent’s or Canadian Administrative Agent’s, as applicable,
or the Co-Collateral Agent’s request, at the time of delivery of the annual financial
statements delivered pursuant to Section 9.1(a), the Company, at its own expense, shall
deliver to the US Administrative Agent or the Canadian Administrative Agent, as applicable,
and the Co-Collateral Agent the results of those annual physical verifications, if any, that
the Borrowers may in their discretion have made, or caused any other Person to have made on
their behalf, of all or any portion of their Inventory located at manufacturing sites where
a full annual physical inventory verification was performed. 

9.2 Books, Records and Inspections.

(a) The Company will, and will cause each of the Restricted Subsidiaries to, maintain proper
books of record and account, in which entries that are full, true and correct in all material
respects and are in conformity with GAAP consistently applied shall be made of all material
financial transactions and matters involving the assets and business of the Company or such
Restricted Subsidiary, as the case may be. The Company will, and will cause each of the Restricted
Subsidiaries to, permit representatives and independent contractors of the US Administrative Agent,
the Canadian Administrative Agent, the Co-Collateral Agent and each Lender to visit and inspect any
of its properties (to the extent it is within such Person’s control to permit such inspection), 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 reasonable expense of the Company and at such reasonable
times during normal business hours and as often as may be reasonably desired, upon reasonable
advance notice to the Company; provided that, excluding any such visits and inspections
during the continuation of an Event of Default or Notice Event, only the US Administrative Agent,
the Canadian Administrative Agent and the Co-Collateral Agent on behalf of the Lenders may exercise
rights of the US Administrative Agent, the Canadian Administrative Agent, the Co-Collateral Agent
and the Lenders under this Section 9.2(a) and the US Administrative Agent, the Canadian
Administrative Agent and the Co-Collateral Agent shall not exercise such rights more often than
once during any calendar year absent the existence of an Event of Default or Notice Event at the
Company’s expense; and provided, further, that, when an Event of Default or Notice
Event exists, the US Administrative Agent, the Canadian Administrative Agent, the Co-Collateral
Agent or any Lender (or any of their respective representatives or independent contractors) may do
any of the foregoing at the expense of the Company at any time during normal business hours and
upon reasonable advance notice. The US Administrative Agent, the Canadian Administrative Agent,
the Co-Collateral Agent and the Lenders shall give the Company the opportunity to participate in
any discussions with the Company’s independent public accountants.

(b) Independently of, or in connection with, the visits and inspections provided for in
Section 9.2(a), but not more than twice in any calendar year in respect of appraisals and not more
than twice in any calendar year in respect of field examinations (in each case, unless an Event of
Default or Notice Event has occurred and is continuing, in which case the US Administrative Agent
may cause additional appraisals and field examinations to be undertaken on more than two occasions
per calendar year), upon the request of the US Administrative Agent and the Co-Collateral Agent
after reasonable prior notice, the Company will permit the US Administrative Agent or Canadian
Administrative Agent, as applicable, or professionals reasonably acceptable to the Company
(including investment bankers, consultants, accountants, lawyers and appraisers) retained by the
Administrative Agents and the Co-Collateral Agent to conduct appraisals, commercial finance
examinations and other evaluations (including updates thereof), including, without limitation, (i)
of the Company’s practices in the computation of the Borrowing Base and (ii) inspecting, verifying
and auditing the Revolving Priority Collateral. The Company shall pay the fees and expenses of the
applicable Administrative Agent, the Co-Collateral Agent or such professionals with respect to such
evaluations and appraisals to the extent such evaluations and appraisals were conducted in
compliance under the preceding sentence.

9.3 Maintenance of Insurance. The Company will, and will cause each of the Restricted Subsidiaries to, at all times
maintain in full force and effect, with insurance companies that the Company believes (in the good
faith judgment of the management of the Company) are financially sound and responsible at the time
the relevant coverage is placed or renewed, insurance in at least such amounts and against at least
such risks (and with such risk retentions) as are usually insured against in the same general area
by companies engaged in businesses similar to those engaged by the Company and the Restricted
Subsidiaries; and will furnish to the US Administrative Agent for further delivery to the Lenders,
upon written request from the US Administrative Agent, information presented in reasonable detail
as to the insurance so carried. With respect to each Mortgaged Property in the United States,
obtain and maintain flood insurance as required by Section 9.14(c). The applicable Collateral Agent
and Secured Parties shall be additional insured on any liability insurance policy of the Credit
Parties and the applicable Collateral Agent shall be the additional loss payee and additional
mortgagee under any casualty insurance policy of the Credit Parties.

 

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9.4 Payment of Taxes. The Company will pay and discharge, and will cause each of the Restricted Subsidiaries to
pay and discharge, all material taxes, assessments and governmental charges or levies imposed upon
it or upon its income or profits, or upon any properties belonging to it, prior to the date on
which such payments become due, and all lawful material claims in respect of taxes imposed,
assessed or levied that, if unpaid, could reasonably be expected to become a material Lien upon any
properties of the Company or any of the Restricted Subsidiaries; provided that none of the
Company or any of the Restricted Subsidiaries shall be required to pay any such tax, assessment,
charge, levy or claim that is being diligently contested in good faith and by proper proceedings if
it has maintained adequate reserves with respect thereto in accordance with GAAP.

9.5 Consolidated Corporate Franchises. The Company will do, and will cause each of the Restricted Subsidiaries to do, or cause to
be done, all things necessary to preserve and keep in full force and effect its existence,
corporate rights, privileges and authority, except to the extent that the failure to do so could
not reasonably be expected to have a Material Adverse Effect; provided, however,
that the Company and the Restricted Subsidiaries may consummate any transaction permitted under any
of Sections 10.3, 10.4 or 10.5.

9.6 Compliance with Statutes. The Company will, and will cause each of the Restricted Subsidiaries to, comply with all
Applicable Laws (including Environmental Laws and permits required thereunder and the PATRIOT ACT),
except to the extent the failure to do so could not reasonably be expected to have a Material
Adverse Effect.

9.7 ERISA. Promptly after the Company or any of the Restricted Subsidiaries or any ERISA Affiliate
knows or has reason to know of the occurrence of any of the following events that, individually or
in the aggregate (including in the aggregate such events previously disclosed or exempt from
disclosure hereunder, to the extent the liability therefor remains outstanding), would be
reasonably likely to have a Material Adverse Effect, Holdings or the Company will deliver to the US
Administrative Agent a certificate of an Authorized Officer or any other senior officer of the
Company setting forth details as to such occurrence and the action, if any, that the Company, such
Restricted Subsidiary or such ERISA Affiliate is required or proposes to take, together with any
notices (required, proposed or otherwise) given to or filed with or by the Company, such Restricted
Subsidiary, such ERISA Affiliate, the PBGC, or a Multiemployer Plan administrator (provided
that if such notice is given by the Multiemployer Plan administrator it is given to any of the
Company, or any of the Restricted Subsidiaries or any ERISA Affiliate thereof): that a Reportable
Event has occurred; that an application is to be made to the Secretary of the Treasury for a waiver
or modification of the minimum funding standard (including any required installment payments) or an
extension of any amortization period under Section 412 of the Code with respect to a Pension Plan;
that a Pension Plan having an Unfunded Current Liability has been or is to be terminated,
reorganized, partitioned or declared insolvent under Title IV of ERISA (including the giving of
written notice thereof); that a Pension Plan has an Unfunded Current Liability that has or will
result in a Lien under ERISA or the Code; that proceedings will be or have been instituted to
terminate a Pension Plan having an Unfunded Current Liability (including the giving of written
notice thereof); that a proceeding has been instituted against the Company, a Restricted Subsidiary
thereof or an ERISA Affiliate pursuant to Section 515 of ERISA to collect a delinquent contribution
to a Multiemployer Plan; that the PBGC has notified the Company, any Restricted Subsidiary thereof
or any ERISA Affiliate of its intention to appoint a trustee to administer any Pension Plan; that
the Company, any Restricted Subsidiary thereof or any ERISA Affiliate has failed to make a required
installment or other payment pursuant to Section 412 of the Code or Section 515 of ERISA with
respect to a Pension Plan or the failure to make any required contribution or payment; or that the
Company, any Restricted Subsidiary thereof or any ERISA Affiliate has incurred or will incur (or
has been notified in writing that it will incur) any liability (including any contingent or
secondary liability) to or on account of a Pension Plan or Multiemployer Plan, as applicable,
pursuant to Sections 409, 502(i), 502(l), 515, 4062, 4063, 4064, 4069, 4201 or 4204 of ERISA or
Section 4971 or 4975 of the Code.

9.8 Good Repair. The Company will, and will cause each of the Restricted Subsidiaries to, ensure that its
properties and equipment used or useful in its business in whomsoever’s possession they may be to
the extent that it is within the control of such party to cause same, are kept in good repair,
working order and condition, normal wear and tear excepted, and that from time to time there are
made in such properties and equipment all needful and proper repairs, renewals, replacements,
extensions, additions, betterments and improvements thereto, to the extent and in the manner
customary for companies in the industry in which the Company and the Restricted Subsidiaries
conduct business and consistent with third party leases, except in each case to the extent the
failure to do so could not be reasonably expected to have a Material Adverse Effect.

 

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9.9 End of Fiscal Years; Fiscal Quarters. The Company will, for financial reporting purposes, cause (a) each of its, and each of the
Restricted Subsidiaries’, fiscal years to end on the Saturday closest to December 31 of each year
and (b) each of its, and each of the Restricted Subsidiaries’, fiscal quarters to end on dates
consistent with such fiscal year-end and the
Company’s past practice; provided, however, that the Company may, upon written
notice to, and consent by, the US Administrative Agent, change the financial reporting convention
specified above to any other financial reporting convention reasonably acceptable to the US
Administrative Agent, in which case the Company and the US Administrative Agent will, and are
hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary in
order to reflect such change in financial reporting.

9.10 Additional Borrowers, Guarantors and Grantors. Subject to any applicable limitations set forth in the Guarantees, the Security Agreements
and the Pledge Agreements, as applicable, the Company will cause (i) any direct or indirect
Domestic Subsidiary or Canadian Subsidiary (in each case, other than any Excluded Subsidiary)
formed or otherwise purchased or acquired after the Closing Date (including pursuant to a Permitted
Acquisition) and (ii) any Domestic or Canadian Subsidiary of the Company that ceases to be an
Excluded Subsidiary, in each case to execute (A) in the case of any US Subsidiary, (I) a supplement
to the US Guarantee, the US Security Agreement, the US Pledge Agreement, substantially in the form
of Annex B, Exhibit 1 or Annex A, as applicable, to the respective agreement in order to become a
US Guarantor under the US Guarantee, a grantor under the US Security Agreement and a pledgor under
the US Pledge Agreement and (II) a joinder to the Intercreditor Agreement and the US Intercompany
Note to the respective agreement, (B) in the case of any Canadian Subsidiary, (I) a supplement to
the Canadian Guarantee, the Canadian Security Agreement, the Canadian Pledge Agreement — Canadian
Credit Parties, substantially in the form of Annex B, Exhibit 1 or Annex A, as applicable, to the
respective agreement in order to become a Canadian Guarantor under the Canadian Guarantee, a
grantor under the Canadian Security Agreement and a pledgor under the Canadian Pledge Agreement -
Canadian Credit Parties and (II) a joinder to the Canadian Intercompany Note, to the respective
agreement and (C) the Company may designate any Guarantor if it owns accounts or inventory that
would constitute Eligible Accounts and Eligible Inventory as a “Borrower” upon five Business Days
prior written notice to the applicable Administrative Agent and a certification to the applicable
Administrative Agent that with respect to such new Borrower, the representations and warranties
contained in Sections 8.1, 8.2, 8.3 and 8.6 shall be true and correct in all material respects on
and as of the date of such certification (except where such representations and warranties relate
to an earlier date, in which case such representations and warranties shall have been true and
correct in all material respects as of such earlier date).

9.11 Pledges of Additional Stock and Evidence of Indebtedness.

(a) Subject to any applicable limitations set forth in the US Pledge Agreements, the US
Borrowers will pledge, and, if applicable, will cause each other US Guarantor (or Person required
to become a US Guarantor pursuant to Section 9.10) to pledge, to the US Collateral Agent (or their
non-fiduciary agent or designee) for the benefit of the Secured Parties, (i) all the Capital Stock
(other than any Excluded Capital Stock) of each Subsidiary owned by the US Borrowers or any US
Guarantor (or Person required to become a US Guarantor pursuant to Section 9.10), in each case,
formed or otherwise purchased or acquired after the Closing Date, pursuant to a supplement to the
US Pledge Agreement substantially in the form of Annex A thereto; provided that in no event
shall any certificates, instruments or transfer of stock powers be required with respect to the
pledge of any Capital Stock of any Foreign Subsidiary, other than a Canadian Subsidiary and (ii)
except with respect to intercompany Indebtedness, all evidences of Indebtedness for borrowed money
in a principal amount in excess of $5,000,000 (individually) that is owing to the Company, any US
Borrower or any US Guarantor (or Person required to become a US Guarantor pursuant to Section 9.10)
(which shall be evidenced by a promissory note), in each case pursuant to a supplement to the US
Pledge Agreement substantially in the form of Annex A thereto.

(b) Subject to any applicable limitations set forth in the Canadian Pledge Agreement -
Canadian Credit Parties, the Canadian Borrowers will pledge, and, if applicable, will cause each
other Canadian Guarantor (or Person required to become a Canadian Guarantor pursuant to Section
9.10) to pledge, to the Canadian Collateral Agent for the benefit of the Secured Parties, (i) all
the Capital Stock (other than any Excluded Capital Stock) of each Subsidiary owned by the Canadian
Borrowers or any Canadian Guarantor (or Person required to become a Canadian Guarantor pursuant to
Section 9.10), in each case, formed or otherwise purchased or acquired after the Closing Date,
pursuant to a supplement to the Canadian Pledge Agreement substantially in the form of Annex A
thereto; provided that in no event shall any certificates, instruments or transfer of stock
powers be required with respect to the pledge of any Capital Stock of any Foreign Subsidiary other
than a Canadian Subsidiary and (ii) except with respect to intercompany Indebtedness, all evidences
of Indebtedness for borrowed money in a principal amount in excess of the Canadian Dollar
Equivalent (as determined on the date of acquisition of such Indebtedness) of $5,000,000
(individually) that is owing to any Canadian Borrower or any Canadian Guarantor (or Person required
to become a Canadian Guarantor pursuant to Section 9.10) (which shall be evidenced by a promissory
note), in each case pursuant to a supplement to the Canadian Pledge Agreement — Canadian Credit
Parties substantially in the form of Annex A thereto.

(c) Each of the US Borrowers agree that all Indebtedness of each US Borrower and each of their
Restricted Subsidiaries that is owing to the Company, any US Borrower or any US Guarantor or a
Person required to become a US Guarantor pursuant to Section 9.10 shall be evidenced by the US
Intercompany Note, which promissory note shall be required to be pledged to the US Collateral Agent
(or its non-fiduciary agent or designee), for the benefit of the Secured Parties, pursuant to the
US Pledge Agreement.

 

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(d) Each of the Canadian Borrowers agree that all Indebtedness of each Canadian Borrower and
each of their Restricted Subsidiaries that is owing to the Company, any Canadian Borrower or any
Canadian Guarantor (or a Person required to become a Canadian Guarantor pursuant to Section 9.10
shall be evidenced by the Canadian Intercompany Note, which promissory note shall be required to be
pledged to the Canadian Collateral Agent, for the benefit of the Secured Parties, pursuant to the
Canadian Pledge Agreement — Canadian Credit Parties.

Notwithstanding the foregoing clauses (a) and (c), until the Discharge of Notes Obligations, to the
extent the foregoing requirements relate to any Notes Priority Collateral, the Borrowers and the
Guarantors shall only be required to comply with the foregoing with respect to any Notes Priority
Collateral to the extent that such Notes Priority Collateral is concurrently being pledged to
secure the Notes Obligations and to the extent that the Notes Collateral Agent shall have consented
to, is satisfied with, or has otherwise made a determination with respect to the foregoing, the
Administrative Agents, the Collateral Agents, the Lenders and the other Secured Parties shall be
deemed to have consented to, be satisfied with or otherwise be deemed to have accepted any
determination with any of the foregoing.

9.12 Use of Proceeds. The Borrower will use the proceeds of the Revolving Credit Loans solely as provided in
Section 8.20.

9.13 Changes in Business. The Company and its Restricted Subsidiaries, taken as a whole, will not fundamentally and
substantively alter the character of their business, taken as a whole, from the business conducted
by the Company and its Restricted Subsidiaries, taken as a whole, on the Closing Date and other
business activities incidental or related to any of the foregoing.

9.14 Further Assurances.

(a) Subject to the applicable limitations set forth in this Agreement and the Security
Documents, the Borrowers will, and will cause each other Credit Party to, execute any and all
further documents, financing statements, agreements and instruments, and take all such further
actions (including the filing and recording of financing statements, fixture filings, mortgages,
deeds of trust and other documents), which may be required under any Applicable Law, or which the
US Administrative Agent or the US Collateral Agent, or the Canadian Administrative Agent or the
Canadian Collateral Agent, as applicable, or the Required Lenders may reasonably request, in order
to grant, preserve, protect and perfect the validity and priority of the security interests created
or intended to be created by the Security Documents, all at the expense of the Company and its
Restricted Subsidiaries.

(b) Subject to any applicable limitations set forth in the Security Agreements, any Mortgage
and in Section 6.2, if any assets (including any owned Real Property or improvements thereto (but
not any leased Real Property or any Real Property owned by a Canadian Subsidiary) or any interest
therein) with a Fair Market Value (on the date of acquisition) in excess of $5,000,000 or the CDN
Dollar Equivalent (individually) are acquired by the Company or any other Credit Party after the
Closing Date (other than assets constituting Excluded Assets (as defined in the Security
Agreements) and other assets constituting Collateral under the Security Agreements that become
subject to the Lien of the Security Agreements upon acquisition thereof or assets subject to a Lien
granted pursuant to Section 10.2(c)), the Company will notify the US Collateral Agent (who shall
thereafter notify the Lenders) thereof and will cause such assets to be subjected to a Lien
securing the Obligations and will take, and cause the other Credit Parties to take, such actions as
shall be necessary or reasonably requested by the US Collateral Agent or the Canadian Collateral
Agent, as applicable, to grant and perfect such Liens consistent with the applicable requirements
of the Security Documents, including actions described in Section 9.14(c), all at the expense of
the Credit Parties; provided that, until the Discharge of Notes Obligations to the extent
that the foregoing requirements relate to any Notes Priority Collateral, the Borrowers and the
Guarantors shall only be required to comply with the foregoing with respect to any Notes Priority
Collateral to the extent that such Notes Priority Collateral is concurrently being pledged to
secure the Notes Obligations and to the extent that the Notes Collateral Agent shall have consented
to, is satisfied with, or has otherwise made a determination with respect to the foregoing, the
Administrative Agents, the Collateral Agents, the Lenders and the other Secured Parties shall be
deemed to have consented to, be satisfied with or otherwise be deemed to have accepted any
determination with any of the foregoing; provided further that in no event shall
any such assets owned by a Canadian Borrower or Canadian Guarantor secure the US Obligations.

 

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(c) Any Mortgage delivered to the US Collateral Agent in accordance with Section 9.14(b) shall
be accompanied by (A) (i) a policy or policies of title insurance or a marked unconditional binder
or commitment thereof issued by a nationally recognized title insurance company insuring the Lien
of such Mortgage as a valid Lien (with the priority described therein, provided,
however, in the event any Mortgaged Property is located in a jurisdiction imposing mortgage
recording fees or like charges, the Lien of the corresponding Mortgage shall not exceed the Fair
Market Value of such Mortgaged Property on the Mortgaged Property described therein, free of any
other Liens except as expressly permitted by Section 10.2, together with such endorsements and
reinsurance as the US Administrative Agent or the US Collateral Agent may reasonably request and
which are
available at commercially reasonable rates in the jurisdiction where the applicable Mortgaged
Property is located (other than a creditor’s rights endorsement, and each of the title insurance
policies in respect of properties in Canada shall: (1) be issued by a nationally recognized title
insurer; (2) contain at the option of the US Collateral Agent, al “ALTA Inclusion” endorsement; and
(3) otherwise in form in substance customary for a transaction similar in nature to the subject
transaction), and (ii) unless the applicable Collateral Agent shall have otherwise agreed, either
(A) a survey for which all necessary fees (where applicable) have been paid (1) prepared by a
surveyor reasonably acceptable to the US Collateral Agent, (2) dated or re-certificated not earlier
than three months prior to the date of such delivery, (3) certified to the US Administrative Agent,
the US Collateral Agent and the title insurance company issuing the title insurance policy for such
Mortgaged Property pursuant to clause (i), which certification shall be reasonably acceptable to
the US Collateral Agent and (4) complying with the “Minimum Standard Detail Requirements for
ALTA/ACSM Land Title Surveys”, jointly established and adopted by ALTA, ACSM and NSPS in 1999
(except for such deviations as are acceptable to the applicable Collateral Agent) or (B) coverage
under the title insurance policy or policies referred to in clause (i) above that does not contain
a general exception for survey matters and which contains survey-related endorsements reasonably
acceptable to the US Collateral Agent, (B) a local opinion of counsel to the Company with respect
to the enforceability and perfection of the applicable Mortgages and any related fixture filings
(or in the event a Subsidiary of the Company is the mortgagor, to such Subsidiary) in form and
substance reasonably satisfactory to the US Collateral Agent, (C) completed “Life-of-Loan” Federal
Emergency Management Agency Standard Flood Hazard Determination with respect to each Mortgaged
Property (together with a notice about special flood hazard area status and flood disaster
assistance duly executed by the Borrowers and each Credit Party relating thereto); (D) proper
fixture filings under the Uniform Commercial Code on Form UCC-1 for filing under the Uniform
Commercial Code, desirable to perfect the security interests in fixtures purported to be created by
the Mortgages in favor of the US Collateral Agent; provided, however, that to the
extent local counsel opines that the Mortgages would constitute a valid and effective fixture
filing in the jurisdiction in which any Mortgaged Property is located, in form and substance
reasonably satisfactory to the US Collateral Agent, fixture filings shall not be required; (E) such
affidavits, certificates, information (including financial data) and instruments of indemnification
(including a so-called “gap” indemnification) as shall be reasonably required to induce the title
company to issue the title policies and endorsements contemplated in clause (A) above, (F) evidence
reasonably acceptable to the US Collateral Agent of payment by the Company of all Mortgage title
policy premiums, search and examination charges, mortgage recording taxes, fees, charges, costs and
expenses required for the recording of the Mortgages, fixture filings and issuance of the title
policies above; and (G) such other documents, instruments, certificates and agreements, as the US
Collateral Agent shall reasonably require to create, evidence or perfect a valid and perfected
first-priority Liens on the Mortgaged Properties, subject to Liens permitted by Section 10.2 of
this Agreement and to the extent that the Notes Collateral Agent shall have consent to, is
satisfied with, or has otherwise made a determination with respect to the foregoing (other than in
the case of clause (C) above), the Administrative Agents, the Collateral Agents, the Lenders and
the other Secured Parties shall be deemed to have consented to be satisfied with or otherwise be
deemed to have accepted any determination with any of the foregoing.

(d) Notwithstanding anything herein to the contrary, if the US Collateral Agent or the
Canadian Collateral Agent, as applicable, and the Company reasonably determine in writing that the
cost of creating or perfecting any Lien on any property is excessive in relation to the benefits
afforded to the Secured Parties thereby, then such property may be excluded from the Collateral for
all purposes of the Credit Documents (it being understood that, until the Discharge of Notes
Obligations, with respect to any Notes Priority Collateral, to the extent that the Notes Collateral
Agent shall have made any determination with respect to the foregoing, the US Collateral Agent
shall be deemed to have made the same determination).

9.15 Designation of Subsidiaries. The board of directors of the Company may at any time designate any Restricted Subsidiary
as an Unrestricted Subsidiary or any Unrestricted Subsidiary as a Restricted Subsidiary;
provided that (a) immediately before and after such designation, no Default or Event of
Default shall have occurred and be continuing, (b) a Borrower may not be designated as an
Unrestricted Subsidiary and (c) no Subsidiary may be designated as an Unrestricted Subsidiary if it
is a “Restricted Subsidiary” for the purposes of any Senior Secured Notes Document or any Permitted
Refinancing Indebtedness incurred to Refinance such Indebtedness. The designation of any
Subsidiary as an Unrestricted Subsidiary shall constitute an Investment by the Company therein at
the date of designation in an amount equal to the net book value of the Company’s (as applicable)
investment therein. The designation of any Unrestricted Subsidiary as a Restricted Subsidiary
shall constitute the incurrence at the time of designation of any Indebtedness or Liens of such
Subsidiary existing at such time.

9.16 Cash Management. The Borrowers and Subsidiary Guarantors will establish and maintain the cash management
systems described below:

(a) Within 90 days after the Closing Date (or such later date as the US Administrative Agent
may reasonably agree in writing), each Borrower will, and will cause each of the Subsidiary
Guarantors to, establish and maintain, at their sole expense, blocked accounts or lockboxes and
related deposit accounts (in each case, “Blocked Accounts”) into which each Borrower and
Subsidiary Guarantors shall promptly deposit and direct their respective Account Debtors to
directly remit all payments on Accounts and all payments constituting proceeds of Inventory or
other Collateral (other than Uncontrolled Cash) in the identical form in which such payments are
made, whether by cash, check or other manner and shall be identified and segregated from all other
funds of the Borrowers and Subsidiary Guarantors. Each Borrower and the Subsidiary Guarantors
shall deliver, or cause to be delivered, to the applicable Collateral Agent a Control Agreement duly
authorized, executed and delivered by each bank where a Blocked Account for the benefit of each
Borrower and any Subsidiary Guarantor is maintained. Except as permitted by Section 9.16(b)(iv),
each Borrower and the Subsidiary Guarantors shall not establish any deposit accounts after the
Closing Date into which the proceeds of any Revolving Priority Collateral are to be deposited,
unless each Borrower or the Subsidiary Guarantor (as applicable) have complied in full with the
provisions of this Section 9.16 with respect to such deposit accounts. Notwithstanding the
foregoing, all proceeds of the Loans shall be deposited into deposit accounts subject to the
control of either the US Collateral Agent or the Canadian Collateral Agent, which shall be
established within 90 days after the Closing Date (or such later date as the US Administrative
Agent may reasonably agree in writing).

 

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(b) At all times after the initial Blocked Accounts are established pursuant Section 9.16(a),
the Borrowers and Subsidiary Guarantors shall maintain a cash management system which is acceptable
to the US Administrative Agent (the “Cash Management System”). The Cash Management System
shall contain, among other things, the following:

(i) With respect to the Blocked Accounts of Borrower and such Subsidiary Guarantor as
the US Administrative Agent shall determine in its sole discretion, the applicable bank
maintaining such Blocked Accounts shall agree, pursuant to the applicable Control Agreement,
to forward on each Business Day all amounts, except any Uncontrolled Cash and nominal
amounts which are required to be maintained in such Blocked Accounts under the terms of the
Borrowers’ arrangements with the bank at which such Blocked Accounts are maintained, which
nominal amounts shall not exceed $20,000 or the CDN Dollar Equivalent thereof as to any
individual Blocked Account at any time, in each Blocked Account, with respect to amounts in
Blocked Accounts of the US Borrowers, to one Blocked Account designated as the US
concentration account in the name of the Company (the “US Concentration Account”) at
the bank that shall be designated as the US Concentration Account bank for the Company (the
“US Concentration Account Bank”) and, with respect to amounts in Blocked Accounts of
the Canadian Borrowers, to one Blocked Account designated as the Canadian concentration
account in the name of the Company (the “Canadian Concentration Account”) at the
bank that shall be designated as the Canadian Concentration Account bank for the Company
(the “Canadian Concentration Account Bank”). The US Concentration Account Bank
shall agree, pursuant to the applicable Control Agreement from and after the receipt of a
notice (a “US Activation Notice”) from the US Collateral Agent (which US Activation
Notice may be given by US Collateral Agent or the US Administrative Agent at any time during
the existence of a Cash Dominion Event) and so long as such Cash Dominion Event is
continuing, to forward on each Business Day all amounts in the US Concentration Account to
the account designated as US collection account (the “US Collection Account”) which
shall be under the exclusive dominion and control of the US Collateral Agent and/or the US
Administrative Agent; provided that at any time when no Cash Dominion Event is
continuing, the balance standing to the credit of the US Concentration Account shall be
distributed as directed by the Company in accordance with this Section 9.16. The Canadian
Concentration Account Bank shall agree, pursuant to the applicable Control Agreement from
and after the receipt of a notice (a “Canadian Activation Notice”) from the Canadian
Collateral Agent (which Canadian Activation Notice may be given by Canadian Collateral Agent
or the Canadian Administrative Agent at any time during the existence of a Cash Dominion
Event) and so long as such Cash Dominion Event is continuing, to forward on each Business
Day all amounts in the Canadian Concentration Account to the account designated as Canadian
collection account (the “Canadian Collection Account”) which shall be under the
exclusive dominion and control of the Canadian Collateral Agent and/or the Canadian
Administrative Agent; provided that at any time when no Cash Dominion Event is
continuing, the balance standing to the credit of the Canadian Concentration Account shall
be distributed as directed by the Company in accordance with this Section 9.16.

(ii) With respect to the Blocked Accounts of such US Borrowers as the US Collateral
Agent shall determine in its sole discretion, the applicable bank maintaining such Blocked
Accounts shall agree, from and after the receipt of a US Activation Notice from the US
Collateral Agent (which US Activation Notice may be given by US Collateral Agent at any time
during the existence of a Cash Dominion Event) and so long as such Cash Dominion Event is
continuing, to forward all immediately available collected funds in each Blocked Account, as
of the close of business on the prior Business Day, to the US Collection Account and to
commence the process of daily sweeps for such Blocked Account into the US Collection
Account;

(iii) With respect to the Blocked Accounts of such Canadian Borrowers as the Canadian
Collateral Agent shall determine in its sole discretion, the applicable bank maintaining
such Blocked Accounts shall agree, from and after the receipt of a Canadian Activation
Notice from the Canadian Collateral Agent (which Canadian Activation Notice may be given by
Canadian Collateral Agent at any time during the existence of a Cash Dominion Event) and so
long as such Cash Dominion Event is continuing, to forward all immediately available
collected funds in each Blocked Account, as of the close of business on the prior Business
Day, to the Canadian Collection Account and to commence the process of daily sweeps for such
Blocked Account into the Canadian Collection Account; and

 

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(iv) Any provision of this Section 9.16 to the contrary notwithstanding, the Borrowers
may maintain (A) accounts, the funds in which are specifically and exclusively used, in the
ordinary course of business, for the payment of payroll, salaries and wages, workers’ compensation, benefits and similar
expenses or taxes, including for withholding, (B) accounts, all the cash and Permitted
Investments contained in which consist of (1) proceeds from the issuance or incurrence of
Indebtedness (including the Loans) or the issuance of Capital Stock (and warrants or options
or stock appreciation or similar rights issued in respect of such Capital Stock), (2)
proceeds from the sale or other Disposition of assets (other than Revolving Priority
Collateral) or (3) proceeds of insurance and condemnation awards (and payments in lieu
thereof) relating to any assets (other than ABL First Priority Collateral) and (C) an amount
not to exceed $250,000 or the CDN Dollar Equivalent thereof for each individual account and
$2,000,000 or the CDN Dollar Equivalent in the aggregate that is on deposit in a segregated
account or accounts which the Company designates in writing as being the “uncontrolled cash
account” (the “Designated Disbursement Account”) that are not part of the Cash
Management Systems and, which accounts are not be required to be subject to a Control
Agreement or be considered a Blocked Account.

(c) The Borrowers shall, acting as trustee for applicable Collateral Agent, receive, as the
property of applicable Collateral Agent, any monies, checks, notes, drafts or any other payment
relating to and/or proceeds of Accounts, Inventory or other Revolving Priority Collateral which
come into their possession or under their control and, following the establishment of the Cash
Management Systems pursuant to this Section 9.16, within three (3) Business Days after receipt
thereof, shall deposit or cause the same to be deposited in the Blocked Accounts, or remit the same
or cause the same to be remitted, in kind, to the applicable Collateral Agent.

9.17 Post-Closing Covenants. The Company shall, and shall cause each Subsidiary to, comply with the terms and conditions
set forth on Schedule 9.17.

SECTION 10. Negative Covenants

The Company hereby covenants and agrees that on the Closing Date and thereafter, until the
Total Revolving Credit Commitment and all Letters of Credit have terminated (unless such Letters of
Credit have been Cash Collateralized on terms and conditions set forth in Section 3.7) and the
Loans and Unpaid Drawings, together with interest, fees and all other Obligations incurred under
the Credit Documents (other than Cash Management Obligations under Secured Cash Management
Agreements, Hedging Obligations under Secured Hedging Agreements or contingent indemnification
obligations), are paid in full:

10.1 Limitation on Indebtedness. The Company will not, and will not permit any of the Restricted Subsidiaries to, directly
or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly
liable, contingently or otherwise with respect to any Indebtedness, except:

(a) Indebtedness arising under the Credit Documents and any Permitted Refinancing
Indebtedness incurred to Refinance such Indebtedness;

(b) Indebtedness of (i) the Borrowers or any Subsidiary Guarantor owing to the
Borrowers or any Subsidiary; provided that any such Indebtedness owing by a Borrower
or a Subsidiary Guarantor to a Subsidiary that is not a Subsidiary Guarantor shall (x) be
evidenced by either the US Intercompany Note or the Canadian Intercompany Note, as
applicable, or (y) otherwise be outstanding on the Closing Date so long as such Indebtedness
is evidenced by an intercompany note substantially in the form of Exhibit J-1 or Exhibit J-2
or otherwise subject to subordination terms substantially identical to the subordination
terms set forth in either the US Intercompany Note or the Canadian Intercompany Note, as
applicable, within 60 days of the Closing Date or such later date as the US Administrative
Agent shall reasonably agree, in each case, to the extent permitted by Applicable Law and
not giving rise to material adverse tax consequences, (ii) any Subsidiary that is not a
Subsidiary Guarantor owing to any other Subsidiary that is not a Subsidiary Guarantor and
(iii) to the extent permitted by Section 10.5, any Subsidiary that is not a Subsidiary
Guarantor owing to the Company or any Subsidiary Guarantor.

(c) Indebtedness in respect of any bankers’ acceptance, bank guarantees, letter of
credit, warehouse receipt or similar facilities entered into in the ordinary course of
business (including in respect of workers compensation claims, health, disability or other
employee benefits or property, casualty or liability insurance or self-insurance or other
Indebtedness with respect to reimbursement-type obligations regarding workers compensation
claims, health, disability or other employee benefits or property, casualty or liability
insurance or self-insurance);

(d) except as provided in clauses (g) and (j) below, Guarantee Obligations incurred by
(i) any Restricted Subsidiary in respect of Indebtedness of the Company or any other
Restricted Subsidiary that is permitted to be incurred under this Agreement and (ii) the
Company in respect of Indebtedness of any Restricted Subsidiary that is permitted to be
incurred under this Agreement;

 

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(e) Guarantee Obligations incurred in the ordinary course of business in respect of
obligations to suppliers, customers, franchisees, lessors and licensees;

(f) (i) (A) Indebtedness arising under Capitalized Leases, other than Capitalized
Leases in effect on the Closing Date (and set forth on Schedule 10.1) and (B) Indebtedness
(including Capitalized Lease Obligations) the proceeds of which are used to finance the
acquisition, construction, repair, replacement, expansion or improvement of fixed or capital
assets or otherwise incurred in respect of Capital Expenditures, industrial revenue bonds or
other similar government or municipal bond that (I) is incurred concurrently with or within
270 days after the applicable acquisition, construction, repair, replacement, expansion or
improvement and (II) is not incurred or issued to acquire Capital Stock of any Person, and
(ii) any Permitted Refinancing Indebtedness issued or incurred to Refinance such
Indebtedness; provided that the aggregate principal amount of Indebtedness
outstanding at any time pursuant to permitted under this Section 10.1(f) shall not exceed
the greater of (x) $35,000,000 or (y) 2.00% of Consolidated Total Assets after giving effect
to the incurrence of such Indebtedness and the use of proceeds thereof at any time;

(g) (i) Closing Date Indebtedness (other than Indebtedness permitted under Sections
10.1(a) or 10.1(i)) and (ii) any Permitted Refinancing Indebtedness incurred to Refinance
such Indebtedness;

(h) Indebtedness in respect of Hedging Agreements incurred in the ordinary course of
business and not for speculative purposes;

(i) Indebtedness in respect of the Senior Secured Notes in an aggregate principal
amount not to exceed $730,000,000 and (ii) any Permitted Refinancing Indebtedness incurred
to Refinance such Indebtedness;

(j) (i) Indebtedness of a Person or Indebtedness attaching to assets of a Person that,
in either case, becomes a Restricted Subsidiary (or is a Restricted Subsidiary that survives
a merger with such Person or any of its Subsidiaries) or Indebtedness attaching to assets
that are acquired by the Company or any Restricted Subsidiary, in each case after the
Closing Date as the result of a Permitted Acquisition; provided that

(x) such Indebtedness existed at the time such Person became a Restricted
Subsidiary or at the time such assets were acquired and, in each case, was not
created in anticipation thereof,

(y) such Indebtedness is not guaranteed in any respect by Holdings, the
Borrowers or any Restricted Subsidiary (other than any such Person that so becomes a
Restricted Subsidiary or is the survivor of a merger with such Person or any of its
Subsidiaries), and

(z) (A) the Capital Stock of such Person is pledged to a US Collateral Agent or
Canadian Collateral Agent, as applicable (or their non-fiduciary agent or designee)
to the extent required under Section 9.11 and (B) such Person executes a supplement
to each of the applicable Guarantee, the Security Agreement and the Pledge Agreement
and a joinder to the Intercreditor Agreement, if applicable, and the applicable
Intercompany Note, in each case to the extent required under Sections 9.10, 9.11 or
9.14(b), as applicable; provided that the assets covered by such pledges and
security interests may, to the extent permitted by Section 10.2, equally and ratably
secure such Indebtedness assumed with the Secured Parties subject to intercreditor
arrangements in form and substance reasonably satisfactory to the US Administrative
Agent); provided, further, that the requirements of this clause (z)
shall not apply to any Indebtedness of the type that could have been incurred under
Section 10.1(f); and

(ii) any Permitted Refinancing Indebtedness incurred to Refinance such
Indebtedness;

(k) (i) Indebtedness of the Company or any Restricted Subsidiary issued or incurred to
finance a Permitted Acquisition; provided that

(x) with respect to any secured Indebtedness, to the extent that the Liens
securing such Indebtedness are on Collateral (other than assets acquired pursuant to
the respective Permitted Acquisition), the holders of such Indebtedness (or a
representative or trustee on their behalf) shall have entered into the Intercreditor
Agreement or another similar agreement reasonably satisfactory to the US
Administrative Agent and the Company providing that the Liens securing such
Indebtedness shall rank junior to the liens securing the Obligations or with the
same priority as the Notes Obligations with respect to the Collateral,

 

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(y) the Fixed Charge Coverage Ratio as of the end of the most recently ended
Test Period prior to the issuance or incurrence of such Indebtedness and the
consummation of such Permitted Acquisition, calculated on a Pro Forma Basis, after giving effect to such incurrence
or issuance and such Permitted Acquisition as if such incurrence or issuance and
acquisition had occurred on the first day of such Test Period, shall be equal to or
greater than 1.00 to 1.00, and

(z) before and after giving effect thereto, no Default or Event of Default
shall have occurred and be continuing; provided, further, that the
aggregate amount of Indebtedness that may be incurred pursuant to this Section
10.1(k) by Restricted Subsidiaries that are not Borrowers or Guarantors shall not
exceed $15,000,000 at any time; and

(ii) any Permitted Refinancing Indebtedness incurred to Refinance such
Indebtedness;

(l) (i) Indebtedness in respect of obligations of the Company or any Restricted
Subsidiary to pay the deferred purchase price of goods or services or progress payments in
connection with such goods and services; provided that such obligations are incurred
in connection with open accounts extended by suppliers on customary trade terms in the
ordinary course of business and not in connection with the borrowing of money and (ii)
unsecured Indebtedness in respect of intercompany obligations of the Company or any
Restricted Subsidiary in respect of accounts payable incurred in connection with goods sold
or services rendered in the ordinary course of business and not in connection with the
borrowing of money;

(m) Indebtedness arising from agreements of the Company or any Restricted Subsidiary
providing for indemnification, adjustment of purchase price, earn out or similar
obligations, in each case entered into in connection with the Disposition of any business,
assets or Capital Stock permitted hereunder, other than Guarantee Obligations incurred by
any Person acquiring all or any portion of such business, assets or Capital Stock for the
purpose of financing such acquisition; provided that (i) such Indebtedness is not
reflected on the balance sheet of the Company or any Restricted Subsidiary (contingent
obligations referred to in a footnote to financial statements and not otherwise reflected on
the balance sheet will not be deemed to be reflected on such balance sheet for purposes of
this clause (i)) and (ii) the maximum assumable liability in respect of all such
Indebtedness shall at no time exceed the gross proceeds, including non-cash proceeds (the
fair market value of such non-cash proceeds being measured at the time received and without
giving effect to any subsequent changes in value) actually received by the Company and the
Restricted Subsidiaries in connection with such disposition;

(n) Indebtedness arising from agreements of the Company or any Restricted Subsidiary
providing for indemnification, adjustment of purchase price, earn out or similar
obligations, in each case entered into in connection with Permitted Acquisitions or other
Investments permitted under Section 10.5;

(o) Indebtedness in respect of performance bonds, bid bonds, appeal bonds, surety
bonds, performance and completion guarantees and similar obligations incurred in the
ordinary course of business and not in connection with the borrowing of money;

(p) Indebtedness of the Company or any Restricted Subsidiary consisting of (i)
obligations to pay insurance premiums or (ii) take or pay obligations contained in supply
agreements, in each case arising in the ordinary course of business and not in connection
with the borrowing of money;

(q) (i) unsecured Indebtedness representing deferred compensation to employees,
consultants or independent contractors of Holdings (or any direct or indirect parent
thereof), the Company and the Restricted Subsidiaries incurred in the ordinary course of
business and (ii) Indebtedness consisting of obligations of Holdings (or any direct or
indirect parent thereof), the Company or the Restricted Subsidiaries under deferred
compensation to their employees, consultants or independent contractors or other similar
arrangements incurred by such Persons in connection with the Transactions and Permitted
Acquisitions or any other Investments permitted under Section 10.5;

(r) unsecured Indebtedness consisting of promissory notes issued by any Credit Party to
current or former officers, managers, consultants, directors and employees (or their
respective spouses, former spouses, successors, executors, administrators, heirs, legatees
or distributees) to finance the purchase or redemption of Capital Stock (or any options or
warrants or stock appreciation or similar rights issued with respect to such Capital Stock)
of Holdings (or any direct or indirect parent thereof to the extent such direct or indirect
parent uses the proceeds to finance the purchase or redemption (directly or indirectly) of
their Capital Stock (or any options or warrants or stock appreciation or similar rights
issued with respect to such Capital Stock)), or the Company, in each case to the extent
permitted by Section 10.6;

 

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(s) Cash Management Services and other Indebtedness in respect of netting services,
automatic clearing house arrangements, employees’ credit or purchase cards, overdraft
protections and similar arrangements in each case incurred in the ordinary course of
business;

(t) additional Indebtedness and any Permitted Refinancing Indebtedness incurred to
Refinance such Indebtedness; provided that the aggregate principal amount of
Indebtedness outstanding at any time pursuant to this Section 10.1(t) shall not exceed the
greater of (i) $50,000,000 and (ii) 3.00% of Consolidated Total Assets after giving effect
to the incurrence of such Indebtedness and the use of the proceeds thereof;

(u) (i) Indebtedness incurred in connection with any Permitted Sale Leaseback and (ii)
any Permitted Refinancing Indebtedness incurred to Refinance such Indebtedness;

(v) Indebtedness of Restricted Foreign Subsidiaries (that are not Credit Parties and if
such Restricted Foreign Subsidiary is not a Subsidiary Guarantor without recourse against
the Borrower or Subsidiary Guarantors, in each case except as permitted under Section 10.5)
for working capital purposes in an aggregate principal amount outstanding at any time
pursuant to this Section 10.1(v) not to exceed the greater of (x) $10,000,000 and 1.00% of
Consolidated Total Assets after giving effect to the incurrence of such Indebtedness and the
use of the proceeds thereof;

(w) other unsecured Indebtedness of the Company and its Restricted Subsidiaries so long
as at the time of any such incurrence and after giving Pro Forma Effect thereto, (i) no
Default or Event of Default shall have occurred and be continuing or would result therefrom,
(ii) Excess Availability after giving Pro Forma Effect to such incurrence shall not be and,
for the 30 consecutive day period immediately prior to the making of such incurrence, shall
not have been, less than 20% of the sum of (A) the lesser of (x) the US Total Revolving
Credit Commitment at such time and (y) the then applicable US Borrowing Base (as calculated
on a Pro Forma Basis after giving effect to such incurrence) and (B) the lesser of (x) the
Canadian Total Revolving Credit Commitment at such time and (y) the then applicable Canadian
Borrowing Base (as calculated on a Pro Forma Basis after giving effect to such incurrence)
and (iii) the Fixed Charge Coverage Ratio as of the end of the most recently ended Test
Period prior to the incurrence of such Indebtedness, calculated on a Pro Forma Basis to give
effect to such incurrence as if such incurrence had been made as of the first day of such
period, shall be equal to or greater than 1.00 to 1.00; and

(x) all customary premiums (if any), interest (including post-petition interest), fees,
expenses, charges and additional or contingent interest on obligations described in each of
the Sections 10.1(a) through 10.1(w).

10.2 Limitation on Liens. The Company will not, and will not permit any of its Restricted Subsidiaries to, directly
or indirectly, create, incur, assume or suffer to exist any Lien upon any property or assets of any
kind (real or personal, tangible or intangible) of the Company or any Restricted Subsidiary,
whether now owned or hereafter acquired, except:

(a) Liens created pursuant to the Credit Documents to secure the Obligations or
permitted in respect of any Mortgaged Property by the terms of the applicable Mortgage;

(b) Permitted Liens;

(c) Liens securing Indebtedness permitted pursuant to Section 10.1(f); provided
that (i) other than with respect to Capitalized Leases, such Liens attach concurrently with
or within 270 days after the acquisition, repair, replacement, construction, expansion or
improvement (as applicable) of the property subject to such Liens, (ii) such Liens do not at
any time encumber any property, except for accessions to such property, other than the
property financed by such Indebtedness and the proceeds and the products thereof and (iii)
with respect to Capitalized Leases, such Liens do not at any time extend to or cover any
assets (except for accessions to such assets) other than the assets subject to such
Capitalized Leases; provided that individual financings of equipment provided by one
lender may be cross collateralized to other financings of equipment provided by such lender;

(d) Liens on property and assets listed in any title insurance policy obtained in
respect of a Mortgage Property or existing on the Closing Date and listed on Schedule 10.2;
provided that (i) such Lien does not extend to any other property or asset of the
Company or any Restricted Subsidiary other than after acquired property that is (A) affixed
or incorporated into the property covered by such Lien or financed by Indebtedness permitted
by Section 10.1 and (B) proceeds and products thereof and (ii) to the extent applicable,
such Lien shall secure only those obligations that it secures on the Closing Date and any
Permitted Refinancing Indebtedness incurred to Refinance such Indebtedness permitted by
Section 10.1;

 

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(e) the modification, replacement, extension or renewal of any Lien permitted by
clauses (c), (d), (f), (g), (h), (q), (v) and (w) of this Section 10.2 upon or in the same
assets theretofore subject to such Lien other than after-acquired property that is (i)
affixed or incorporated into the property covered by such Lien, (ii) in the case of Liens
permitted by clauses (f), (h), (v) and (w) of this Section 10.2, after-acquired property
subject to a Lien securing Indebtedness permitted under Section 10.1, the terms of which
Indebtedness require or include a pledge of after-acquired property (it being understood
that such requirement shall not be permitted to apply to any property to which such
requirement would not have applied but for such acquisition) and (iii) the proceeds and
products thereof;

(f) Liens existing on the assets of any Person that becomes a Restricted Subsidiary
(other than by designation as a Restricted Subsidiary pursuant to Section 9.15), or existing
on assets acquired, pursuant to a Permitted Acquisition to the extent the Liens on such
assets secure Indebtedness permitted by Section 10.1(j); provided that if such Liens
attach at all times only to the same assets that such Liens (other than after-acquired
property that is (i) affixed or incorporated into the property covered by such Liens, (ii)
after-acquired property subject to a Lien securing Indebtedness permitted under Section
10.1(j), the terms of which Indebtedness require or include a pledge of after-acquired
property (it being understood that such requirement shall not be permitted to apply to any
property to which such requirement would not have applied but for such acquisition) and
(iii) the proceeds and products thereof) attached to, and secure only, the same Indebtedness
or obligations (or any Permitted Refinancing Indebtedness incurred to Refinance such
Indebtedness permitted by Section 10.1) that such Liens secured, immediately prior to such
Permitted Acquisition or such other Investment, as applicable;

(g) Liens not otherwise permitted by this Section 10.2 if (i) the Secured Leverage
Ratio as of the end of the most recently ended Test Period prior to the incurrence of the
obligations secured by such Liens, calculated on a Pro Forma Basis to give effect to such
incurrence as if such incurrence had been made as of the first day of such period, shall be
equal to or less than 6.50 to 1.00; and (ii) Excess Availability exceeds $20,000,000;
provided that if such Liens are on Collateral (other than cash and Permitted
Investments), the holders of the obligations secured by such Liens (or a representative or
trustee on their behalf) shall have entered into the Intercreditor Agreement or another
similar agreement reasonably satisfactory to the US Administrative Agent and the Company
providing that the Liens securing such obligations shall rank junior to the Liens securing
the Obligations or with the same priority as the Notes Obligations with respect to the
Collateral;

(h) Liens on the Collateral securing Indebtedness permitted pursuant to Section 10.1(i)
and any related obligations, including those with respect to cash management and hedging
arrangements contemplated thereby; provided that such Liens are subject to the terms
of the Intercreditor Agreement;

(i) Liens securing Indebtedness or other obligations of the Company or a Subsidiary in
favor of the Company or any Subsidiary that is a Guarantor and Liens securing Indebtedness
or other obligations of any Subsidiary that is not a Guarantor in favor of any Subsidiary
that is not a Guarantor;

(j) Liens (i) of a collection bank arising under Section 4-210 of the Uniform
Commercial Code on items in the course of collection (ii) attaching to commodity trading
accounts or other commodity brokerage accounts incurred in the ordinary course of business
and (iii) in favor of a banking institution arising as a matter of law encumbering deposits
(including the right to set off) and which are within the general parameters customary in
the banking industry;

(k) Liens (i) on cash advances in favor of the seller of any property to be acquired in
an Investment permitted pursuant to Section 10.5 to be applied against the purchase price
for such Investment, and (ii) consisting of an agreement to sell, transfer, lease or
otherwise dispose of any property in a transaction permitted under Section 10.4, in each
case, solely to the extent such Investment or sale, disposition, transfer or lease, as the
case may be, would have been permitted on the date of the creation of such Lien;

(l) Liens arising out of conditional sale, title retention, consignment or similar
arrangements for sale of goods entered into by the Company or any of the Restricted
Subsidiaries in the ordinary course of business permitted by this Agreement;

(m) Liens on securities that are the subject of repurchase agreements constituting
Permitted Investments permitted under Section 10.5;

(n) Liens that are contractual rights of set-off (i) relating to the establishment of
depository relations with banks not given in connection with the issuance or incurrence of
Indebtedness, (ii) relating to pooled deposit, automatic clearing house or sweep accounts of
the Company or any Restricted Subsidiary to permit satisfaction of overdraft or similar obligations incurred in the ordinary course of business of the Company
and the Restricted Subsidiaries or (iii) relating to purchase orders and other agreements
entered into with customers of the Company or any Restricted Subsidiary in the ordinary
course of business;

 

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(o) Liens solely on any cash earnest money deposits made by the Company or any of the
Restricted Subsidiaries in connection with any letter of intent or purchase agreement
permitted hereunder;

(p) Liens on insurance policies and the proceeds thereof securing the financing of the
premiums with respect thereto;

(q) Liens in respect of Permitted Sale Leasebacks;

(r) the prior rights of consignees and their lenders under consignment arrangements
entered into in the ordinary course of business;

(s) agreements to subordinate any interest of the Borrower or any Restricted Subsidiary
in any Accounts or other proceeds arising from Inventory consigned by the Borrower or any
Restricted Subsidiary pursuant to an agreement entered into in the ordinary course of
business;

(t) Liens on Capital Stock in joint ventures securing obligations of such joint
venture, or similar Liens resulting from standard joint venture agreements or shareholder
agreements and other similar agreements applicable to joint ventures;

(u) Liens on Capital Stock of an Unrestricted Subsidiary that secures Indebtedness or
other obligations of such Unrestricted Subsidiary;

(v) Liens with respect to property or assets of any Restricted Foreign Subsidiary that
are not Credit Parties securing Indebtedness of such Restricted Foreign Subsidiary permitted
under Section 10.1(v); and

(w) Liens not otherwise permitted by this Section 10.2 so long as the aggregate
outstanding amount of Indebtedness and other obligations secured thereby at any time does
not exceed the greater of (i) $20,000,000 or (ii) 1.25% of Consolidated Total Assets after
giving effect to the incurrence of the obligations secured by such Liens and the use of the
proceeds thereof.

10.3 Limitation on Fundamental Changes. Except as expressly permitted by Section 10.4 or Section 10.5, the Company will not, and
will not permit any of the Restricted Subsidiaries to, enter into any merger, consolidation or
amalgamation, or liquidate, wind up or dissolve itself (or suffer any liquidation or dissolution),
or convey, sell, lease, assign, transfer or otherwise dispose of all or substantially all its
business units, assets or other properties, except that:

(a) any Subsidiary of the Company or any other Person (other than Holdings) may be
merged, amalgamated or consolidated with or into the Company; provided that (i) the
Company shall be the continuing or surviving corporation or, in the case of a merger,
amalgamation or consolidation with or into the Company, the Person formed by or surviving
any such merger, amalgamation or consolidation (if other than the Company) shall be an
entity organized or existing under the laws of the United States, any state thereof, the
District of Columbia or any territory thereof (the Company or such Person, as the case may
be, being herein referred to as the “Successor Borrower”), (ii) the Successor
Borrower (if other than the Company) shall expressly assume all the obligations of a
Borrower under this Agreement and the other Credit Documents pursuant to a supplement hereto
or thereto in form reasonably satisfactory to the US Administrative Agent, (iii) no Default
or Event of Default has occurred and is continuing at the date of such merger, amalgamation
or consolidation or would result from such consummation of such merger, amalgamation or
consolidation and (iv) if such merger, amalgamation or consolidation involves the Company
and a Person that, prior to the consummation of such merger, amalgamation or consolidation,
is not a Subsidiary of the Company, (A) the Fixed Charge Coverage Ratio as of the end of the
most recently ended Test Period prior to such merger, amalgamation or consolidation,
calculated on a Pro Forma Basis after giving effect to such merger, amalgamation or
consolidation as if such event had occurred as of the first day of such period, shall be
equal to or greater than 1.00 to 1.00, (B) each Guarantor, unless it is the other party to
such merger, amalgamation or consolidation or unless the Successor Borrower is the Company,
shall have by a supplement to the applicable Guarantee confirmed that its Guarantee shall
apply to the Successor Borrower’s obligations under this Agreement, (C) each Subsidiary
grantor and each Subsidiary pledgor, unless it is the other party to such merger,
amalgamation or consolidation or unless the Successor Borrower is the Company, shall have by
a supplement to the applicable Credit Documents confirmed that its obligations thereunder
shall apply to the Successor Borrower’s obligations under this

 

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 Agreement, (D) each mortgagor
of a Mortgaged Property, unless it is the other party to such merger, amalgamation or consolidation or unless the Successor
Borrower is the Company, shall have by an amendment to or restatement of the applicable
Mortgage confirmed that its obligations thereunder shall apply to the Successor Borrower’s
obligations under this Agreement, (E) the Company shall have delivered to the US
Administrative Agent an officer’s certificate stating that such merger, amalgamation or
consolidation and any supplements to the Credit Documents preserve the enforceability of the
Guarantees and the perfection and priority of the Liens under the Security Documents, (F) if
reasonably requested by the US Administrative Agent, an opinion of counsel shall be required
to be provided to the effect that such merger, amalgamation or consolidation does not
violate this Agreement or any other Credit Document and (G) such merger, amalgamation or
consolidation complies with all the conditions set forth in the definition of the term
“Permitted Acquisition” or is otherwise permitted under Section 10.5; provided,
further, that if the foregoing are satisfied, the Successor Borrower (if other than
the Company) will succeed to, and be substituted for, the Company under this Agreement;

(b) any Subsidiary of the Company or any other Person (other than Holdings) may be
merged, amalgamated or consolidated with or into any one or more Subsidiaries of the
Company; provided that (i) in the case of any merger, amalgamation or consolidation
involving one or more Restricted Subsidiaries, (A) a Restricted Subsidiary shall be the
continuing or surviving corporation or (B) the Company shall take all steps necessary to
cause the Person formed by or surviving any such merger, amalgamation or consolidation (if
other than a Restricted Subsidiary) to become a Restricted Subsidiary, (ii) in the case of
any merger, amalgamation or consolidation involving one or more Guarantors, a Guarantor
shall be the continuing or surviving corporation or the Person formed by or surviving any
such merger, amalgamation or consolidation (if other than a Guarantor) shall execute a
supplement to the applicable Guarantee, the applicable Security Agreement, the applicable
Pledge Agreement and any applicable Mortgage and a joinder to the applicable Intercompany
Note and, if required, the Intercreditor Agreement in form and substance reasonably
satisfactory to the US Administrative Agent in order for the surviving Person to become a
Guarantor and pledgor, mortgagor and grantor of Collateral for the benefit of the Secured
Parties and to acknowledge and agree to the terms of, if required, the Intercreditor
Agreement and the applicable Intercompany Note, (iii) no Default or Event of Default has
occurred and is continuing on the date of such merger, amalgamation or consolidation or
would result from the consummation of such merger, amalgamation or consolidation and (iv) if
such merger, amalgamation or consolidation involves a Subsidiary and a Person that, prior to
the consummation of such merger, amalgamation or consolidation, is not a Subsidiary of the
Borrower, (A) the Fixed Charge Coverage Ratio as of the end of the most recently ended Test
Period prior to such merger, amalgamation or consolidation, calculated on a Pro Forma Basis
after giving effect to such merger, amalgamation or consolidation as if such event had
occurred as of the first day of such period, shall be equal to or greater than 1.00 to 1.00,
(B) the Company shall have delivered to the US Administrative Agent an officer’s certificate
stating that such merger, amalgamation or consolidation and such supplements to any Credit
Document preserve the enforceability of the Guarantees and the perfection and priority of
the Liens under the Security Documents and (C) such merger, amalgamation or consolidation
shall comply with all the conditions set forth in the definition of the term “Permitted
Acquisition” or is otherwise permitted under Section 10.5;

(c) any Restricted Subsidiary that is not a Subsidiary Guarantor or Borrower may (i)
merge, amalgamate or consolidate with or into any other Restricted Subsidiary and (ii) sell,
lease, license, transfer or otherwise Dispose of any or all of its assets (upon voluntary
liquidation or otherwise) to the Company, a Guarantor or any other Restricted Subsidiary of
the Company;

(d) any Subsidiary Guarantor may (i) merge, amalgamate or consolidate with or into any
other Subsidiary Guarantor, (ii) merge, amalgamate or consolidate with or into any other
Subsidiary which is not a Subsidiary Guarantor; provided that if such Subsidiary
Guarantor is not the surviving entity, such merger, amalgamation or consolidation shall be
deemed to be an “Investment” and subject to the limitations set forth in Section 10.5 and
(iii) sell, lease, license, transfer or otherwise Dispose of any or all of its assets (upon
voluntary liquidation or otherwise) to the Company or any other Guarantor;

(e) any Restricted Subsidiary may liquidate or dissolve if (x) the Company determines
in good faith that such liquidation or dissolution is in the best interests of the Company
and is not materially disadvantageous to the Lenders and (y) to the extent such Restricted
Subsidiary is a Subsidiary Guarantor, any assets or business not otherwise Disposed of or
transferred in accordance with Sections 10.4 or 10.5, or, in the case of any such business,
discontinued, shall be transferred to, or otherwise owned or conducted by, another Guarantor
after giving effect to such liquidation or dissolution;

(f) the Mergers may be consummated; and

(g) to the extent that no Default or Event of Default would result from the
consummation of such disposition, the Company and the Restricted Subsidiaries may consummate
a merger, amalgamation, dissolution, liquidation, consolidation or disposition, the purpose
of which is to effect a disposition permitted pursuant to Section 10.4.

 

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10.4 Limitation on Sale of Assets. The Company will not, and will not permit any of the Restricted Subsidiaries to, directly
or indirectly, (i) convey, sell, lease, assign, transfer or otherwise dispose of any of its
property, business or assets (including receivables and leasehold interests) (each a
“Disposition”), whether now owned or hereafter acquired (other than any such sale,
transfer, assignment or other disposition resulting from a Recovery Event), or (ii) sell to any
Person (other than the Borrowers or a Guarantor) any shares owned by it of any Restricted
Subsidiary’s Capital Stock, except that:

(a) The Company and the Restricted Subsidiaries may sell, transfer or otherwise Dispose
of the following in the ordinary course of business: (i) obsolete, worn-out, used or surplus
assets to the extent such assets are not necessary for the operation of the Company’s and
its Subsidiaries’ business; (ii) inventory and goods held for sale or other immaterial
assets (including abandoning any registrations or applications of any intellectual
property); and (iii) cash and Permitted Investments;

(b) The Company and the Restricted Subsidiaries may (i) enter into non-exclusive
licenses, sublicenses or cross-licenses of intellectual property, (ii) license, sublicense
or cross-license intellectual property if done on terms customary for companies in the
industry in which the Company and the Restricted Subsidiaries conduct business and in the
ordinary course of business or (iii) lease, sublease, license or sublicense any real or
personal property, other than any intellectual property, in the ordinary course of business;

(c) The Company and the Restricted Subsidiaries may Dispose for Fair Market Value;
provided that (i) with respect to any Disposition pursuant to this Section 10.4(c)
for a purchase price in excess of $10,000,000, the Company or a Restricted Subsidiary shall
receive not less than 75% of such consideration in the form of cash or Permitted
Investments; provided that, for purposes of determining what constitutes cash under
this clause (i), (A) any liabilities (as shown on the Company’s or such Restricted
Subsidiary’s most recent balance sheet provided hereunder or in the footnotes thereto) of
the Company or such Restricted Subsidiary, other than liabilities that are by their terms
subordinated to the payment in cash of the Obligations, that are assumed by the transferee
with respect to the applicable Disposition and for which the Company and all of the
Restricted Subsidiaries shall have been validly released by all applicable creditors in
writing, (B) any securities received by the Company or such Restricted Subsidiary from such
transferee that are converted by the Company or such Restricted Subsidiary into cash (to the
extent of the cash received) within 180 days following the closing of applicable Disposition
and (C) any Designated Non-cash Consideration received by the Company or such Restricted
Subsidiary in such Disposition having an aggregate Fair Market Value, taken together with
all other Designated Non-cash Consideration received pursuant to this clause (C) that is at
that time outstanding, not exceeding $10,000,000 at the time of the receipt of such
Designated Non-cash Consideration, with the Fair Market Value of each item of Designated
Non-cash Consideration being measured at the time received and without given effect to
subsequent changes in value, (ii) any non-cash proceeds received in the form of Indebtedness
or Capital Stock are pledged to the applicable Collateral Agent to the extent required under
Section 9.11, (iii) after giving effect to any such Disposition, no Default or Event of
Default shall have occurred and be continuing and (iv) if the proceeds of such Disposition
received by the Company or any Restricted Subsidiary exceed $10,000,000, the Company shall
deliver to the US Administrative Agent an updated Borrowing Base Certificate, giving Pro
Forma Effect to such Disposition, and such Borrowing Base Certificate shall show Excess
Availability greater than $20,000,000;

(d) The Company and the Restricted Subsidiaries may sell or discount without recourse
Accounts arising in the ordinary course of business in connection with the compromise or
collection thereof;

(e) The Company and the Restricted Subsidiaries may Dispose to the Company or to a
Restricted Subsidiary; provided that if the transferor of such property is a
Borrower or a Guarantor (i) the transferee thereof must either be a Borrower or a Guarantor
or (ii) to the extent such transaction constitutes an Investment, such transaction is
permitted under Section 10.5;

(f) The Company and the Restricted Subsidiaries may Dispose of property (including
like-kind exchanges) 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 promptly applied to the purchase price of such replacement property;

(g) The Company and its Restricted Subsidiaries may enter into Sale Leasebacks, so long
as (i) after giving effect to any such transaction, no Default or Event of Default shall
have occurred and be continuing, (ii) the Fixed Charge Coverage Ratio as of the end of the
most recently ended Test Period prior to Sale Leaseback, calculated on a Pro Forma Basis
after giving effect to transaction as if such transaction had occurred as of the first day
of such period, shall be equal to or greater than 1.00 to 1.00 and (iii) the aggregate
amount of all Permitted Sale Leasebacks consummated under this Section 10.4(g) shall not
exceed $150,000,000 for all transactions consummated after the Closing Date;

 

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(h) The Company and the Restricted Subsidiaries may Dispose of Investments in joint
ventures to the extent required by, or made pursuant to customary buy/sell arrangements
between, the joint venture parties set forth in joint venture arrangements and similar
binding arrangements;

(i) The Company and the Restricted Subsidiaries may effect any transaction permitted by
Sections 10.3, 10.5 or 10.6;

(j) Dispositions of inventory of the Company and its Restricted Subsidiaries determined
by the management of the Company to be no longer useful or necessary in the operation of the
business of the Company or any of the Restricted Subsidiaries;

(k) Dispositions listed on Schedule 10.4;

(l) the unwinding of any Hedging Agreement;

(m) Dispositions of any asset between or among the Company and/or its Restricted
Subsidiaries as a substantially concurrent interim Disposition in connection with a
Disposition otherwise permitted pursuant to clauses (a) through (l) above; and

(n) subject to the provisions of the definition of “Holdings”, Holdings may take any
action which is necessary to achieve a substitution by a New Holdings of a Previous
Holdings.

10.5 Limitation on Investments. The Company will not, and will not permit any of the Restricted Subsidiaries to, make any
advance, loan, extensions of credit or capital contribution to, or purchase any stock, bonds,
notes, debentures or other securities of or any assets of, or make any other investment in, any
Person (all of the foregoing, “Investments”), except:

(a) extensions of trade credit, asset purchases (including purchases of inventory,
supplies and materials), the lease of any asset and the licensing or contribution of
intellectual property pursuant to joint marketing arrangements with other Persons, in each
case in the ordinary course of business;

(b) Investments constituting Permitted Investments at the time such Investments are
made;

(c) loans and advances to officers, directors, employees and consultants of Holdings
(or any direct or indirect parent thereof), the Company or any of its Restricted
Subsidiaries (i) to finance the purchase of Capital Stock (or any options or warrants or
stock appreciation or similar rights issued with respect to such Capital Stock) of Holdings
(or any direct or indirect parent thereof); provided that the amount of such loans
and advances used to acquire such Capital Stock (or any options or warrants or stock
appreciation or similar rights issued with respect to such Capital Stock) shall be
contributed to the Company in cash as common equity, (ii) for reasonable and customary
business related travel expenses, entertainment expenses, moving expenses and similar
expenses, in each case incurred in the ordinary course of business, and (iii) for additional
purposes not contemplated by subclause (i) or (ii) above; provided that the
aggregate principal amount at any time outstanding with respect to this Section 10.5(c)(iii)
shall not exceed $10,000,000;

(d) Investments (i) existing or contemplated on the Closing Date and listed on Schedule
10.5, (ii) existing on the Closing Date of the Company or any Restricted Subsidiary in the
Company or any other Restricted Subsidiary and (iii) any modification, replacement, renewal,
extension or reinvestment thereof, so long as the aggregate amount of all Investments
pursuant to this Section 10.5(d) is not increased at any time above the amount of such
Investments existing on the Closing Date;

(e) Investments in Hedging Agreements permitted by Section 10.1(h);

(f) Investments received in connection with the bankruptcy or reorganization of
suppliers or customers and in settlement of delinquent obligations of, and other disputes
with, customers or suppliers arising in the ordinary course of business or upon the
foreclosure with respect to any secured Investment or other transfer of title with respect
to any secured Investment;

 

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(g) Investments to the extent that the payment for such Investments is made solely with
the Capital Stock (or any options or warrants or stock appreciation or similar rights issued
with respect to such Capital Stock) of Holdings (or any direct or indirect parent thereof)
or the Company;

(h) Investments constituting non-cash proceeds of Dispositions of assets to the extent
permitted by Section 10.4;

(i) Investments in any Borrower or any Guarantor and Investments by any Subsidiary that
is not a Borrower or a Subsidiary Guarantor in the Company or any other Subsidiary;

(j) 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 and other credits to suppliers in the ordinary course
of business;

(k) The Company may make a loan to Holdings (or any direct or indirect parent thereof)
that could otherwise be made as a Dividend permitted under Section 10.6;

(l) Investments in the ordinary course of business consisting of Article 3 endorsements
for collection or deposit and Article 4 customary trade arrangements with customers
consistent with past practices;

(m) advances of payroll payments to employees, consultants or independent contractors
or other advances of salaries or compensation to employees, consultants or independent
contractors, in each case in the ordinary course of business;

(n) Guarantees by the Company or any Restricted Subsidiary of leases (other than
Capitalized Leases) or of other obligations that do not constitute Indebtedness, in each
case entered into in the ordinary course of business;

(o) Investments made to repurchase or retire Capital Stock (or any options or warrants
or stock appreciation or similar rights issued with respect to such Capital Stock) of
Holdings (or any direct or indirect parent thereof) or the Company owned by any employee
stock ownership plan or key employee stock ownership plan of Holdings (or any direct or
indirect parent thereof) or the Company;

(p) the Transactions;

(q) Investments constituting Permitted Acquisitions; provided that the
aggregate amount of Permitted Acquisition Consideration of such Permitted Acquisition made
or provided by the Borrowers or any Subsidiary Guarantor for any Restricted Subsidiary that
shall not be or, after giving effect to such Permitted Acquisition, shall not become a
Borrower or Subsidiary Guarantor, shall not cause the aggregate amount of all such
Investments made pursuant to this Section 10.5(q) to exceed $10,000,000; provided,
further, that the foregoing limitation shall not apply to the extent the Payment
Conditions with respect to Section 10.5(w) have been satisfied;

(r) any additional Investments (including Investments in Minority Investments,
Investments in Unrestricted Subsidiaries, Investments in joint ventures or similar entities
that do not constitute Restricted Subsidiaries, Investments constituting Permitted
Acquisitions and Investments in Restricted Subsidiaries that are not, and do not become,
Borrowers or Guarantors), as valued at the Fair Market Value of such Investment at the time
each such Investment is made; provided that the aggregate amount of such Investment
(as so valued) shall not cause the aggregate amount of all such Investments made pursuant to
this Section 10.5(r) (as so valued) to exceed (A) the greater of (x) $20,000,000 and (y)
1.25% of Consolidated Total Assets after giving effect to such Investment plus (B)
an amount equal to any repayments, interest, returns, profits, distributions, income and
similar amounts actually received in respect of any such Investment (which amount shall not
exceed the amount of such Investment valued at the Fair Market Value of such Investment at
the time such Investment was made);

(s) Investments arising as a result of Permitted Sale Leasebacks;

(t) Investments held by any Person acquired after the Closing Date or of any Person
merged into the Company or merged, amalgamated or consolidated with a Restricted Subsidiary
in accordance with Section 10.3 after the Closing Date to the extent that such Investments
were not made in contemplation of or in connection with such acquisition, merger, amalgamation or consolidation and were in existence on the date of
such acquisition, merger, amalgamation or consolidation;

 

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(u) Investments in Unrestricted Subsidiaries for the purpose of consummating
transactions permitted under
Sections 10.4(g);

(v) Investments consisting of Indebtedness, fundamental changes, Dispositions and
Dividends permitted under Sections 10.1, 10.3, 10.4 and 10.6; and

(w) other Investments (including Investments in Minority Investments, Investments in
Unrestricted Subsidiaries, Investments in joint ventures or similar entities that do not constitute
Restricted Subsidiaries, Investments constituting Permitted Acquisitions and Investments in
Restricted Subsidiaries that are not, and do not become, Borrowers or Guarantors); provided
that at the time such Investment is made and after giving effect thereto, each of the Payment
Conditions is satisfied.

10.6 Limitation on Dividends. The Company will not pay any dividends (other than dividends payable solely in the Capital
Stock of the Company) or return any capital to its equity holders or make any other distribution,
payment or delivery of property or cash to its equity holders as such, or redeem, retire, purchase
or otherwise acquire, directly or indirectly, for consideration, any shares of any class of its
Capital Stock or the Capital Stock of any direct or indirect parent now or hereafter outstanding
(or any options or warrants or stock appreciation or similar rights issued with respect to any of
its Capital Stock), or set aside any funds for any of the foregoing purposes, or permit the Company
or any of the Restricted Subsidiaries to purchase or otherwise acquire for consideration (other
than in connection with an Investment permitted by Section 10.5) any shares of any class of the
Capital Stock of Holdings (or any direct or indirect parent thereof) or the Capital Stock of the
Company, now or hereafter outstanding (or any options or warrants or stock appreciation or similar
rights issued with respect to any of the Capital Stock of the Company (or any direct or indirect
parent thereof)) (all of the foregoing “Dividends”); provided that:

(a) the Company may (or may pay dividends to permit any direct or indirect parent
thereof to) redeem in whole or in part any of its Capital Stock for another class of Capital
Stock or rights to acquire its Capital Stock or with proceeds from substantially concurrent
equity contributions or issuances of new shares of its Capital Stock; provided that
any terms and provisions material to the interests of the Lenders, when taken as a whole,
contained in such other class of Capital Stock are at least as advantageous to the Lenders
as those contained in the Capital Stock redeemed thereby;

(b) so long as no Default or Event of Default has occurred, is continuing or would
result therefrom, the Company may redeem, acquire, retire or repurchase shares of its
Capital Stock (or any options or warrants or stock appreciation or similar rights issued
with respect to any of such Capital Stock) (or to allow any of the Company’s direct or
indirect parent companies to so redeem, retire, acquire or repurchase their Capital Stock
(or any options or warrants or stock appreciation or similar rights issued with respect to
any of its Capital Stock)) held by current or former officers, managers, consultants,
directors and employees (or their respective spouses, former spouses, successors, executors,
administrators, heirs, legatees or distributees) of Holdings (or any direct or indirect
parent thereof) and its Subsidiaries, with the proceeds of Dividends from, the Company, upon
the death, disability, retirement or termination of employment of any such Person or
otherwise in accordance with any stock option or stock appreciation or similar rights plan,
any management, director and/or employee stock ownership or incentive plan, stock
subscription plan, employment termination agreement or any other employment agreements or
equity holders’ agreement; provided that, except with respect to non-discretionary
repurchases, acquisitions, retirements or redemptions pursuant to the terms of any stock
option or stock appreciation or similar rights plan, any management, director and/or
employee stock ownership or incentive plan, stock subscription plan, employment termination
agreement or any other employment agreement or equity holders’ agreement, the aggregate
amount of all cash paid in respect of all such shares of Capital Stock (or any options or
warrants or stock appreciation rights issued with respect to any of such Capital Stock) so
redeemed, acquired, retired or repurchased in any calendar year does not exceed the sum of
(i) $15,000,000 (which shall increase to $30,000,000 subsequent to the consummation of a
Qualifying IPO) plus (ii) all net cash proceeds obtained by the Company during such
calendar year from the sale of such Capital Stock to other present or former officers,
consultants, employees and directors in connection with any permitted compensation and
incentive arrangements plus (iii) all net cash proceeds obtained from any key-man
life insurance policies received during such calendar year; notwithstanding the foregoing,
100% of the unused amount of payments in respect of Section 10.6(b)(i) (before giving effect
to any carry forward) may be carried forward to the immediately succeeding fiscal year (but
not any other) and utilized to make payments pursuant to this Section 10.6(b) (any amount so
carried forward shall be deemed to be used last in the subsequent fiscal year);

(c) to the extent constituting Dividends, the Company may make Investments permitted by
Section 10.5;

 

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(d) to the extent constituting Dividends, the Company may enter into and consummate
transactions expressly permitted by any provision of Section 10.3, and the Company may pay
Dividends to its parent companies as and when necessary to enable them to effect such
Dividends;

(e) the Company may repurchase Capital Stock of the Company (or any direct or indirect
parent thereof) upon exercise of stock options or warrants if such Capital Stock represents
all or a portion of the exercise price of such options or warrants, and the Company may pay
Dividends to its parent companies as and when necessary to enable such Persons to effect
such repurchases;

(f) the Company may make additional Dividends; provided that each of the
Payment Conditions are satisfied;

(g) the Company may make and pay Dividends to its direct or indirect parent companies:

(i) the proceeds of which will be used to allow any direct or indirect parent
of the Company to pay the tax liability to each relevant jurisdiction in respect of
consolidated, combined, unitary or affiliated returns that include the Company (or,
if the Company is a disregarded entity, the income of the Company), but only to the
extent of taxes that the Company would have to pay if it had filed a tax return on a
standalone basis for itself and its Subsidiaries; provided, that proceeds
attributable to any taxes imposed on an Unrestricted Subsidiary shall be permitted
only to the extent such Unrestricted Subsidiary distributed cash to the Company or
its Restricted Subsidiaries;

(ii) the proceeds of which shall be used by any direct or indirect parent of
the Company to pay its operating expenses incurred in the ordinary course of
business and other corporate overhead costs and expenses (including administrative,
legal, accounting and similar expenses provided by third parties), which are
reasonable and customary and incurred in the ordinary course of business, in an
aggregate amount not to exceed $2,000,000 in any fiscal year plus any actual,
reasonable and customary indemnification claims made by directors or officers of
Holdings (or any parent thereof);

(iii) the proceeds of which shall be used by such parent company to pay
franchise taxes and other fees, taxes and expenses required to maintain its
corporate existence;

(iv) the proceeds of which shall be used by such parent companies to make
Investments contemplated by Section 10.5(e) and Dividends contemplated by Section
10.6(b);

(v) the proceeds of which shall be used by any direct or indirect parent of the
Company to pay fees and expenses (other than to Affiliates) related to any
unsuccessful equity issuance or offering or debt issuance, incurrence or offering,
Disposition or acquisition or investment transaction permitted by this Agreement;
and

(vi) the proceeds of which shall be used to pay customary salary, bonus and
other benefits payable to officers, employees and consultants of any direct or
indirect parent of the Company to the extent such salaries, bonuses and other
benefits are attributable to the ownership or operation of the Company and its
Restricted Subsidiaries;

(h) the Company may (i) pay cash in lieu of fractional shares in connection with any
Dividend, split or combination thereof or any Permitted Acquisition and (ii) honor any
conversion request by a holder of convertible Indebtedness and make cash payments in lieu of
fractional shares in connection with any such conversion and may make payments on
convertible Indebtedness in accordance with its terms;

(i) the Company may pay Dividends in an amount equal to withholding or similar taxes
payable or expected to be payable by any present or former employee, director, manager or
consultant (or their respective Affiliates, estates or immediate family members) and any
repurchases of Capital Stock in consideration of such payments including deemed repurchases
in connection with the exercise of stock options; provided in each case that payments made
under this Section 10.6(i) shall not exceed $5,000,000 in the aggregate;

(j) the Company may make payments described in Sections 10.12(c), (e), (g), (h), (i),
(j) and (l) (subject to the conditions set out therein);

 

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(k) the Company may pay Dividends to its parent companies so that such parents may make
payments of interest under the Parent Loan (including any amounts of accrued interest that
have been added to the principal amount outstanding under the Parent Loan); provided
that the payments made under this Section 10.6(l) shall not exceed $200,000 in the
aggregate; and

(l) so long (i) as no Default or Event of Default shall have occurred and be continuing
or would result therefrom, (ii) no Cash Dominion Event is occurring and (iii) the Fixed
Charge Coverage Ratio as of the end of the most recently ended Test Period prior to the
making of such Dividend, calculated on a Pro Forma Basis to give effect to such Dividend as
if such Dividend had been made as of the first day of such period, shall be equal to or
greater than 1.00 to 1.00, the Company may make additional Dividends in an amount not in
excess of $10,000,000 and 1.00% of Consolidated Total Assets after giving effect to such
Dividends.

10.7 Limitations on Debt Payments and Amendments.

(a) The Company will not, and will not permit any of the Restricted Subsidiaries to, prepay,
repurchase, redeem or otherwise defease any Subordinated Indebtedness or unsecured Indebtedness for
borrowed money (a “Restricted Debt Payment”) (it being understood that payments of
regularly scheduled interest shall be permitted); provided, however, the Company or
any Subsidiary may make Restricted Debt Payments (i) with the proceeds of any Permitted Refinancing
Indebtedness, (ii) by converting or exchanging any such Indebtedness to Capital Stock of Company or
any of its direct or indirect parent companies or (iii) to the extent that each of the Payment
Conditions have been satisfied (it being understood and agreed that, if an irrevocable notice or
contractual obligation is given, made or arises in respect of any such prepayment, repurchase,
redemption or defeasance, the foregoing conditions only need to be satisfied at the time of the
giving of such irrevocable notice or entering into (or effectiveness of) any such contractual
obligations).

(b) Notwithstanding the foregoing and for the avoidance of doubt, nothing in this Section 10.7
shall prohibit the repayment or prepayment of intercompany subordinated or unsecured Indebtedness
for borrowed money owed among the Company and/or the Restricted Subsidiaries, in either case unless
an Event of Default has occurred and is continuing and the Company has received a notice from the
applicable Collateral Agent instructing it not to make or permit the Company and/or the Restricted
Subsidiaries to make any such repayment or prepayment.

(c) The Company will not, and will not permit any of the Restricted Subsidiaries to, waive,
amend, modify, terminate or release any documentation governing any unsecured Indebtedness for
borrowed money or Subordinated Indebtedness to the extent that any such waiver, amendment,
modification, termination or release, taken as a whole, would be adverse to the Lenders in any
material respect.

10.8 Limitations on Sale Leasebacks. The Company will not, and will not permit any of the Restricted Subsidiaries to, enter into
or effect any Sale Leasebacks, other than Permitted Sale Leasebacks.

10.9 Negative Pledge Clauses. The Company will not, and will not permit any of the Restricted Subsidiaries to, enter into
or permit to exist any Contractual Obligation (other than this Agreement or any other Credit
Document or any Senior Secured Notes Document or any documentation governing any Permitted
Refinancing Indebtedness incurred to Refinance such Indebtedness, including the Intercreditor
Agreement), that limits the ability of a Borrower or any Guarantor to create, incur, assume or
suffer to exist Liens on property of such Person for the benefit of the Secured Parties with
respect to the Obligations or under the Credit Documents; provided that the foregoing shall
not apply to Contractual Obligations that (i)(x) exist on the Closing Date and (to the extent not
otherwise permitted by this Section 10.9) are listed on Schedule 10.9 hereto and (y) to the extent
Contractual Obligations permitted by clause (x) are set forth in an agreement evidencing
Indebtedness or other obligations, are set forth in any agreement evidencing any Permitted
Refinancing Indebtedness incurred to Refinance such Indebtedness or obligation so long as such
Permitted Refinancing Indebtedness does not expand the scope of such Contractual Obligation, (ii)
are binding on a Restricted Subsidiary at the time such Restricted Subsidiary first becomes a
Restricted Subsidiary of the Company, so long as such Contractual Obligations were not entered into
solely in contemplation of such Person becoming a Restricted Subsidiary of the Company, (iii)
represent Indebtedness of a Restricted Subsidiary of the Company that is not a Borrower or a
Guarantor to the extent such Indebtedness is permitted by Section 10.1, (iv) arise pursuant to
agreements entered into with respect to any Disposition permitted by Section 10.4 and applicable
solely to assets under such Disposition, (v) are customary provisions in joint venture agreements
and other similar agreements applicable to joint ventures permitted by Section 10.5 and applicable
solely to such joint venture entered into in the ordinary course of business, (vi) are negative
pledges and restrictions on Liens in favor of any holder of Indebtedness permitted under Section
10.1, but solely to the extent any negative pledge relates to the property financed by or the
subject of such Indebtedness, (vii) are customary restrictions on leases, subleases, licenses or
asset sale agreements otherwise permitted hereby so long as such restrictions relate to the assets
subject thereto, (viii) comprise restrictions imposed by any agreement relating to secured
Indebtedness permitted pursuant to Section 10.1 to the extent that such restrictions apply only to
the property or assets securing such Indebtedness, (ix) are customary provisions restricting
subletting or assignment
of any lease or license governing a leasehold interest or licensed interest of the Company or
any Restricted Subsidiary, (x) are customary provisions restricting assignment of any agreement
entered into in the ordinary course of business, (xi) are restrictions on cash or other deposits
imposed by customers under contracts entered into in the ordinary course of business, (xii) are
imposed by Applicable Law, (xiii) exist under the Senior Secured Notes Documents or any
documentation governing any Permitted Refinancing Indebtedness incurred to Refinance such
Indebtedness and (xiv) are customary net worth provisions contained in real property leases entered
into by Subsidiaries of the Company, so long as the Company has determined in good faith that such
net worth provisions could not reasonably be expected to impair the ability of the Company and its
Subsidiaries to meet their ongoing obligation.

 

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10.10 Passive Holding Company. Holdings shall not conduct, transact or otherwise engage in any business or operations
other than (i) the ownership and/or acquisition of the Capital Stock of the Company, (ii) the
maintenance of its legal existence, including the ability to incur fees, costs and expenses
relating to such maintenance, (iii) participating in tax, accounting and other administrative
matters as a member of the consolidated group of Holdings and the Company, (iv) the performance of
its obligations under and in connection with the Credit Documents, the Senior Secured Notes
Documents, any documentation governing Permitted Refinancing Indebtedness of the Senior Secured
Notes Documents, the Purchase Agreement, the other agreements contemplated by the Purchase
Agreement and the other agreements contemplated hereby and thereby, (v) any public offering of its
common stock or any other issuance or registration of its Capital Stock for sale or resale not
prohibited by Section 10, including the costs, fees and expenses related thereto, (vi) the making
of any Dividend or the holding of any cash received in connection with Dividends made by the
Company in accordance with Section 10.6 pending application thereof, (vii) incurring fees, costs
and expenses relating to overhead and general operating including professional fees for legal, tax
and accounting issues and paying taxes, (vii) providing indemnification to officers and directors
and as otherwise permitted in Section 10, (viii) activities incidental to the consummation of the
Transactions and (ix) activities incidental to the businesses or activities described in clauses
(i) to (viii) of this Section 10.10.

10.11 Financial Covenant. The Company will not permit its Fixed Charge Coverage Ratio as of the last day of any Test
Period to be lower than 1.00 to 1.00; provided that such Fixed Charge Coverage Ratio will
only be tested when Excess Availability is less than, for a period of five consecutive Business
Days, the greater of (1) $20.0 million and (2) 12.5% of the sum of (x) the lesser of (i) the
aggregate US Revolving Credit Commitments at such time and (ii) the then-applicable US Borrowing
Base and (y) the lesser of (i) the Canadian Revolving Credit Commitments at such time and (ii) the
then-applicable Canadian Borrowing Base (the “FCCR Threshold”), shall continue to be tested
until the 30th consecutive day that Excess Availability exceeds the FCCR Threshold.

10.12 Transactions with Affiliates. The Company shall not, and shall not permit any of the Restricted Subsidiaries to, enter
into any transaction with any Affiliate of the Company except: (a) such transactions that are made
on terms substantially as favorable to the Company or such Restricted Subsidiary as would be
obtainable by the Company or such Restricted Subsidiary at the time in a comparable arm’s-length
transaction with a Person other than an Affiliate, (b) if such transaction is among Credit Parties
or any Restricted Subsidiary or any entity that becomes a Restricted Subsidiary as a result of such
transaction, (c) the payment of Transaction Expenses, (d) the issuance of Capital Stock (or any
options or warrants or stock appreciation or similar rights issued with respect to such Capital
Stock) of the Company (or any direct or indirect parent thereof) to the management of the Company
(or any direct or indirect parent thereof) or any of its Subsidiaries in connection with the
Transactions or pursuant to arrangements described in clause (m) below, (e) the payment of
indemnities and reasonable expenses incurred by the Sponsor and its Affiliates in connection with
any services provided to, or in respect of the ownership or operation of, the Company (or any
direct or indirect parent thereof) or any of its Subsidiaries, (f) equity issuances, repurchases,
retirements or other acquisitions or retirements of Capital Stock (or any options or warrants or
stock appreciation or similar rights issued with respect to such Capital Stock) by the Company
permitted under Section 10.6, (g) loans, guarantees and other transactions by the Company (or any
of its direct or indirect parent thereof) and the Restricted Subsidiaries to the extent permitted
under Section 10, (h) employment and severance arrangements and health, disability and similar
insurance or benefit plans between the Company (or any of its direct or indirect parent thereof)
and the Restricted Subsidiaries and their respective directors, officers, employees (including
management and employee benefit plans or agreements, subscription agreements or similar agreements
pertaining to the repurchase of Capital Stock (or any options or warrants or stock appreciation or
similar rights issued with respect to such Capital Stock) pursuant to put/call rights or similar
rights with current or former employees, officers or directors and stock option or incentive plans
and other compensation arrangements) in the ordinary course of business or as otherwise approved by
the Board of Directors of the Company (or any of its direct or indirect parent thereof), (i) the
payment of customary fees and reasonable out of pocket costs to, and indemnities provided on behalf
of, directors, managers, consultants, officers and employees of the Company (or any direct or
indirect parent thereof) and the Restricted Subsidiaries in the ordinary course of business to the
extent attributable to the ownership or operation of the Company and the Restricted Subsidiaries,
(j) transactions pursuant to permitted agreements in existence on the Closing Date and set forth on
Schedule 10.12 or any amendment thereto to the extent such an amendment is not adverse, taken as a
whole, to the Lenders in any material respect, (k) Dividends, redemptions and repurchases permitted
under Section 10.6, (l) customary payments (including reimbursement of fees, costs and expenses) by
the Company and any Restricted Subsidiaries to the Sponsor made for any financial advisory,
financing, underwriting or placement services or in respect of other investment banking activities
(including in connection with acquisitions or divestitures,

 

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whether
or not  consummated), which payments (i) are approved by the majority of the members of the board of
directors or a majority of the disinterested members of the board of directors of the Company, in
good faith and (ii) do not exceed (other than with respect to reimbursements of costs and expenses),
in the aggregate, $5,000,000 in any calendar year of the Company, (m) any issuance of Capital
Stock (or any options or warrants or stock appreciation or similar rights issued with respect to
such Capital Stock), or other payments, awards or grants in cash, securities, Capital Stock or
otherwise pursuant to, or the funding of, employment arrangements, stock options and stock
ownership plans approved by the Board of Directors of the Company (or any of its direct or indirect
parent thereof), (n) any purchase by Holdings of the Capital Stock of the Company, as the case may
be; provided that, to the extent required by Section 9.11, any Capital Stock of the Company
so purchased shall be pledged to the applicable Collateral Agent for the benefit of the Secured
Parties pursuant to the Pledge Agreement, (o) transactions with wholly owned Subsidiaries for the
purchase or sale of goods, products, parts and services entered into in the ordinary course of
business in a manner consistent with prudent business practices followed by companies in the
industry of the Company and the Restricted Subsidiaries, (p) transactions with joint ventures for
the purchase or sale of goods, equipment and services entered into in the ordinary course of
business and in a manner consistent with prudent business practices followed by companies in the
industry of the Company and the Restricted Subsidiaries and (q) payments by the Company (or any of
its direct or indirect parent companies) and the Restricted Subsidiaries pursuant to tax sharing
agreements among the Company (or such parent) and the Restricted Subsidiaries on customary terms to
the extent permitted by Section 10.6(g)(i).

SECTION 11. Events of Default

Upon the occurrence of any of the following specified events (each an “Event of Default”):

11.1 Payments. The Borrowers shall (a) default in the payment when due of any principal of the Loans or
(b) default, and such default shall continue for five or more Business Days, in the payment when
due of any interest on the Loans or any Fees or any Unpaid Drawing of any other amounts owing
hereunder or under any other Credit Document (other than any amount referred to in clause (a) of
this Section 11.1); or

11.2 Representations, etc. Any representation, warranty or statement made or deemed made by any Credit Party herein or
in any other Credit Document or any certificate, statement, report or other document delivered or
required to be delivered pursuant hereto or thereto shall prove to be untrue in any material
respect on the date as of which made or deemed made; or

11.3 Covenants. Any Credit Party shall (a) default in the due performance or observance by it of any term,
covenant or agreement contained in Section 9.1(g)(i), 9.5 (with respect to the existence of the
Company only), or 9.16(a) or 9.16(b)(i) or Section 10 (subject to the Cure Right in Section 11.11
in connection with any Default under Section 10.11) or (b) default in the due performance or
observance by it of any term, covenant or agreement (other than those referred to in Section 11.1,
Section 11.11 and clause (a) of this Section 11.3) contained in this Agreement or any other Credit
Document and such default shall continue unremedied for a period of at least 30 days (or 5 Business
Days with respect to Sections 9.1(k) or, during the continuance of a Notice Event, 2 Business Days)
after receipt of written notice by the Company from the US Administrative Agent, the Canadian
Administrative Agent or the Required Lenders; or

11.4 Default Under Other Agreements. (a) The Company or any of the Restricted Subsidiaries shall (i) default in any payment with
respect to any Indebtedness (other than any Indebtedness described in Section 11.1) in excess of
$25,000,000, beyond the period of grace, if any, provided in the instrument or agreement under
which such Indebtedness was created or (ii) default in the observance or performance of any
agreement or condition relating to any such Indebtedness or contained in any instrument or
agreement evidencing, securing or relating thereto, or any other event shall occur or condition
exist (other than (A) with respect to Indebtedness consisting of any Hedging Agreements,
termination events or equivalent events pursuant to the terms of such Hedging Agreements and (B)
secured Indebtedness that becomes due as a result of a Disposition (including as a result of a
Recovery Event) of the property or assets securing such Indebtedness permitted under this
Agreement)), the effect of which default or other event or condition is to cause, or to permit the
holder or holders of such Indebtedness (or a trustee or agent on behalf of such holder or holders)
to cause, any such Indebtedness to become due prior to its stated maturity; or (b) without limiting
the provisions of clause (a) above, any such Indebtedness shall be declared to be due and payable,
or required to be prepaid other than by a regularly scheduled required prepayment or as a mandatory
prepayment (and, (A) with respect to Indebtedness consisting of any Hedging Agreements, other than
due to a termination event or equivalent event pursuant to the terms of such Hedging Agreements and
(B) secured Indebtedness that becomes due as a result of a Disposition (including as a result of a
Recovery Event) of the property or assets securing such Indebtedness permitted under this
Agreement)), prior to the stated maturity thereof; or

 

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11.5 Bankruptcy, etc. The Company or any Specified Subsidiary shall commence a voluntary case, proceeding or
action concerning itself under Title 11 of the United States Code entitled “Bankruptcy” or
under the Bankruptcy Code; or an involuntary case, proceeding or action is commenced against the
Company or any Specified Subsidiary and the petition is
not controverted within 10 days after commencement of the case, proceeding or action; or an
involuntary case, proceeding or action is commenced against the Company or any Specified Subsidiary
and the petition is not dismissed within 60 days after commencement of the case, proceeding or
action; or a custodian (as defined in the Bankruptcy Code), receiver, receiver and manager, trustee
or similar Person is appointed for, or takes charge of, all or substantially all of the property of
the Company or any Specified Subsidiary; or the Company or any Specified Subsidiary commences any
other proceeding or action under any reorganization, arrangement, adjustment of debt, relief of
debtors, dissolution, insolvency or liquidation or similar law of any jurisdiction whether now or
hereafter in effect relating to the Company or any Specified Subsidiary; or there is commenced
against the Company or any Specified Subsidiary any such proceeding or action that remains
undismissed for a period of 60 days; or the Company; or any order of relief or other order
approving any such case or proceeding or action is entered; or the Company or any Specified
Subsidiary suffers any appointment of any custodian, receiver, receiver manager, trustee or the
like for it or any substantial part of its property to continue undischarged or unstayed for a
period of 60 days; or the Company or any Specified Subsidiary makes a general assignment for the
benefit of creditors; or any corporate action is taken by the Company or any Specified Subsidiary
for the purpose of effecting any of the foregoing; or

11.6 ERISA. (a) With respect to any Pension Plan, the failure to satisfy the minimum funding standard
required for any plan year or part thereof or a waiver of such standard or extension of any
amortization period is sought or granted under Section 412 of the Code; with respect to any
Multiemployer Plan, the failure to make any required contribution or payment; any Pension Plan is
or shall have been terminated or is the subject of termination proceedings under ERISA (including
the giving of written notice thereof); with respect to any Multiemployer Plan, notification by the
sponsor of such Multiemployer Plan that any of the Company, any Restricted Subsidiary thereof or
any ERISA Affiliate has incurred or will be assessed Withdrawal Liability to such Multiemployer
Plan; an event shall have occurred or a condition shall exist in either case entitling the PBGC to
terminate any Pension Plan or to appoint a trustee to administer any Pension Plan (including the
giving of written notice thereof) in a manner that results in a liability under Title IV of ERISA;
any of the Company, any Restricted Subsidiary thereof or any ERISA Affiliate has incurred or is
likely to incur a liability to or on account of a Pension Plan under Section 409, 502(i), 502(l),
515, 4062, 4063, 4064 or 4069 of ERISA or Section 4971 or 4975 of the Code (including the giving of
written notice thereof); (b) there could result from any event or events set forth in clause (a) of
this Section 11.6 the imposition of a lien, the granting of a security interest, or a liability, or
the reasonable likelihood of incurring a lien, security interest or liability; and (c) such lien,
security interest or liability will or would be reasonably likely to have a Material Adverse
Effect; or

11.7 Guarantee. The Guarantee or any material provision thereof shall cease to be in full force or effect
or any Guarantor thereunder or any Credit Party shall deny or disaffirm in writing any Guarantor’s
obligations under the Guarantee; or

11.8 Security Documents. Any Security Document or any material provision thereof shall cease to be in full force or
effect (other than pursuant to the terms hereof) or any grantor, pledgor or mortgagor thereunder or
any Credit Party shall deny or disaffirm in writing any grantor’s, pledgor’s or mortgagor’s
obligations under such Security Document; or

11.9 Judgments. One or more judgments or decrees shall be entered against the Company or any of its
Restricted Subsidiaries involving a liability of $25,000,000 or more in the aggregate for all such
judgments and decrees for the Company and the Restricted Subsidiaries (to the extent not paid or
fully covered by insurance provided by a carrier not disputing coverage) and any such judgments or
decrees shall not have been satisfied, vacated, discharged, stayed or bonded pending appeal within
60 days from the entry thereof; or

11.10 Change of Control. A Change of Control shall occur;

then, and in any such event, and at any time thereafter, if any Event of Default shall then be
continuing, the US Administrative Agent or Canadian Administrative Agent shall, upon the written
request of the Required Lenders, by written notice to the Company, take any or all of the following
actions, without prejudice to the rights of the US Administrative Agent, the Canadian
Administrative Agent or any Lender to enforce its claims against the Company, except as otherwise
specifically provided for in this Agreement: (i) declare the Total Revolving Credit Commitment or
the Swingline Commitment terminated and whereupon any such Commitment, if any, of each Lender or
the Swingline Lender, as the case may be, shall forthwith terminate immediately and any Fees
theretofore accrued shall forthwith become due and payable without any other notice of any kind,
(ii) declare the principal of and any accrued interest and fees in respect of all Loans and all
Obligations owing hereunder and thereunder to be, whereupon the same shall become, forthwith due
and payable without presentment, demand, protest or other notice of any kind, all of which are
hereby waived by the Company; (iii) terminate any Letter of Credit that may be terminated in
accordance with its terms; and/or (iv) direct the Company to pay (and the Company agrees that upon
receipt of such notice, or upon the occurrence of an Event of Default specified in Section 11.5
with respect to the Company, it will pay) to the US Administrative Agent at the US Administrative
Agent’s Office or Canadian Administrative Agent at the Canadian Administrative Agent’s Office, as
applicable, such additional amounts of cash, to be held as security for the Company’s reimbursement
obligations for Unpaid Drawings that may subsequently occur thereunder, equal to the aggregate
Stated Amount of all Letters of Credit issued and then outstanding; (provided that, if an
Event of Default specified in Section 11.5 shall occur, the result that would occur upon the giving
of written
notice by the US Administrative Agent or Canadian Administrative Agent as specified in clauses (i),
(ii), (iii) and (iv) above shall occur automatically without the giving of any such notice and all
Obligations shall be automatically become forthwith due and payable without presentment, demand,
protest or other notice of any kind, all of which are hereby waived by the Company).

 

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11.11 Borrower’s Right to Cure.

(a) Financial Covenant. Notwithstanding anything to the contrary contained in this
Section 11, in the event that the Company fails to comply with the requirements of the Financial
Covenant as of the last day of any fiscal quarter, until the expiration of the 10th day subsequent
to the date the certificate calculating the Financial Covenant is required to be delivered pursuant
to Section 9.1(e) with respect to such fiscal quarter, Holdings (or any direct or indirect parent
thereof) shall have the right to issue Permitted Cure Securities for cash or otherwise receive cash
contributions to (or in the case of any direct or indirect parent of Holdings receive equity
interests in Holdings for its cash contributions to) the capital of Holdings (collectively, the
“Cure Right”), and upon contribution by Holdings of such cash to the Company (the “Cure
Amount”) pursuant to the exercise by the Company of such Cure Right, the Financial Covenant
shall be recalculated giving effect to the following pro forma adjustments:

(i) Consolidated EBITDA shall be increased with respect to such applicable fiscal
quarter and any Test Period that contains such fiscal quarter, solely for the purpose of
measuring the Financial Covenant and not for any other purpose under this Agreement, by an
amount equal to the Cure Amount; and

(ii) if, after giving effect to the foregoing recalculations, the Company shall then be
in compliance with the requirements of the Financial Covenant, the Company shall be deemed
to have satisfied the requirements of the Financial Covenant as of the relevant date of
determination with the same effect as though there had been no failure to comply therewith
at such date, and the applicable breach or default of the Financial Covenant that had
occurred shall be deemed cured for purposes of this Agreement.

(b) Limitation on Exercise of Cure Right. Notwithstanding anything herein to the
contrary, (i) in each Test Period there shall be at least two fiscal quarters during which the Cure
Right is not exercised, (ii) the Cure Amount shall be no greater than the amount required for
purposes of complying with the Financial Covenant, (iii) all Cure Amounts shall be disregarded for
purposes of determining any baskets with respect to the covenants contained in the Credit
Documents, (iv) during the term of this Agreement no more than four Cure Rights may be exercised
and (v) at the time of making any Cure Right, the Company shall designate the fiscal quarter with
respect to which the Cure Right is made and each Cure Right may only count to a single fiscal
quarter, which makes up any Test Period.

SECTION 12. The Administrative Agents and Collateral Agents

12.1 Appointment. Each Lender hereby irrevocably designates and appoints UBS AG, STAMFORD BRANCH as US
Administrative Agent as the agent of such Lender under this Agreement and the other Credit
Documents, and each such Lender irrevocably authorizes the US Administrative Agent, in such
capacity, to take such action on its behalf under the provisions of this Agreement and the other
Credit Documents and to exercise such powers and perform such duties as are expressly delegated to
the US Administrative Agent by the terms of this Agreement and the other Credit Documents, together
with such other powers as are reasonably incidental thereto. Each Lender hereby irrevocably
designates and appoints UBS AG CANADA BRANCH as Canadian Administrative Agent as the agent of such
Lender under this Agreement and the other Credit Documents, and each such Lender irrevocably
authorizes the Canadian Administrative Agent, in such capacity, to take such action on its behalf
under the provisions of this Agreement and the other Credit Documents and to exercise such powers
and perform such duties as are expressly delegated to the Canadian Administrative Agent by the
terms of this Agreement and the other Credit Documents, together with such other powers as are
reasonably incidental thereto. Notwithstanding any provision to the contrary elsewhere in this
Agreement, the Administrative Agents shall not have any duties or responsibilities, except those
expressly set forth herein, or any fiduciary relationship with any Lender, and no implied
covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this
Agreement or any other Credit Document or otherwise exist against the Administrative Agents. The
Joint Lead Arrangers, Joint Bookrunners, the Co-Syndication Agents, each in its capacity as such,
shall not have any obligations, duties or responsibilities under this Agreement but shall be
entitled to all benefits of this Section 12. Each Lender hereby appoints UBS AG, STAMFORD BRANCH
(together with any successor US Collateral Agent pursuant to Section 12.11) as the US Collateral
Agent hereunder and authorizes the US Collateral Agent to (i) take such action on its behalf and to
exercise all rights, powers and remedies and perform the duties as are expressly delegated to the
Collateral Agent under such Credit Documents and (iii) exercise such powers as are reasonably
incidental thereto. Each Lender hereby appoints UBS AG CANADA BRANCH (together with any successor
Canadian Collateral Agent pursuant to Section 12.11) as the Canadian Collateral Agent hereunder and
authorizes the Canadian Collateral Agent to (i) take such action on its behalf and to exercise all
rights, powers and remedies and perform the duties as are expressly delegated to the Canadian
Collateral Agent under such Credit Documents and (iii) exercise such powers as are reasonably
incidental thereto. Notwithstanding any provision to the contrary
elsewhere in this Agreement, the Collateral Agents shall not have any duties or
responsibilities, except those expressly set forth herein, or any fiduciary relationship with any
Lender, and no implied covenants, functions, responsibilities, duties, obligations or liabilities
shall be read into this Agreement or any other Credit Document or otherwise exist against the
Collateral Agents. Each Lender hereby appoints WELLS FARGO CAPITAL FINANCE, LLC, as the
Co-Collateral Agent hereunder and authorizes the Co-Collateral Agent to (i) take such action on its
behalf and to exercise all rights, powers and remedies and perform the duties as are expressly
delegated to the Co-Collateral Agent under such Credit Documents and (iii) exercise such powers as
are reasonably incidental thereto. Notwithstanding any provision to the contrary elsewhere in this
Agreement, the Co-Collateral Agent shall not have any duties or responsibilities, except those
expressly set forth herein, or any fiduciary relationship with any Lender, and no implied
covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this
Agreement or any other Credit Document or otherwise exist against the Co-Collateral Agent.

 

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Without prejudice to the foregoing paragraph, each Secured Party hereby irrevocably designates
and appoints the Canadian Collateral Agent as the Person holding the power of attorney (fondé de
pouvoir) of the holders of the Bond (as hereinafter defined) as contemplated under Article 2692 of
the Civil Code of Quebec, to enter into, to take and to hold on their behalf, and for their
benefit, each a deed of hypothec (each a “Deed of Hypothec”) to be executed by a Canadian
Credit Party under the laws of the Province of Quebec and creating a hypothec on property of such
Credit Party and to exercise such powers and duties which are conferred upon the Canadian
Collateral Agent, as fondé de pouvoir under each such deed. Each Secured Party hereby additionally
and irrevocably designates and appoints the Canadian Collateral Agent as agent, mandatary,
custodian and depositary for and on behalf of each of them (i) to hold and to be the sole
registered holder of any bond, debenture or other title of indebtedness (each, a “Bond”)
issued under each Deed of Hypothec, the whole notwithstanding Section 32 of the Act Respecting the
Special Powers of Legal Persons (Quebec) or any other applicable law, and (ii) to enter into, to
take and to hold on their behalf, and for their benefit, a pledge agreement in respect of each such
Bond (each, a “Pledge”) to be executed by such Canadian Credit Party under the laws of the
Province of Quebec and evidencing the pledge of such Bond as security for the payment and
performance of the applicable Canadian Obligations. In this respect, (a) the Canadian Collateral
Agent, as agent, mandatary, custodian and depositary of the Secured Parties, shall keep a record
indicating the names and addresses of, and the pro rata portion of the Canadian Obligations secured
by each Pledge, owing to the Persons for and on behalf of whom each Bond is so held from time to
time, and (b) each Secured Party will be entitled to the benefits of any property charged under
each Deed of Hypothec and each Pledge and will participate in the proceeds of realization of any
such property, the whole in accordance with the terms hereof. The Canadian Collateral Agent, in
such aforesaid capacities shall (x) have the sole and exclusive right and authority to exercise,
except as may be otherwise specifically restricted by the terms hereof, all rights and remedies
given to the Canadian Collateral Agent with respect to the property hypothecated under each Deed of
Hypothec and Pledge, applicable law or otherwise, and (y) benefit from and be subject to all
provisions hereof with respect to the Canadian Collateral Agent, mutatis mutandis, including,
without limitation, all such provisions with respect to the liability or responsibility to and
indemnification by the Secured Parties. Any Person who becomes a Secured Party shall be deemed to
have consented to and confirmed the Canadian Collateral Agent as the Person holding the power of
attorney (fondé de pouvoir) and as the agent, mandatary, custodian and depositary as aforesaid and
to have ratified, as of the date it becomes a Secured Party, all actions taken by the Canadian
Collateral Agent in such capacities. The Canadian Collateral Agent shall be entitled to delegate
from time to time any of its powers or duties under each Deed of Hypothec and each Pledge to any
Person and on such terms and conditions as the Canadian Collateral Agent may determine from time to
time. The execution prior to the date hereof by the Canadian Collateral Agent of any Deed of
Hypothec, Pledge or other security documents made pursuant to the applicable law of the Province of
Quebec is hereby ratified and confirmed. In the event of the resignation or replacement and
appointment of a successor Canadian Collateral Agent, such successor Canadian Collateral Agent
shall also be appointed by deed of substitution or other appropriate document to act as successor
holder of an irrevocable power of attorney (fondé de pouvoir) for the purposes of each Deed of
Hypothec executed pursuant to the terms above. Without prejudice to Section 13.12 hereof, the
provisions of this paragraph shall be also governed by the laws of the Province of Quebec.

12.2 Limited Duties. Under the Credit Documents, the Administrative Agents, Collateral Agents and the
Co-Collateral Agent and (i) are acting solely on behalf of the Lenders (except to the limited
extent provided in Section 2.5(d), with duties that are entirely administrative in nature,
notwithstanding the use of the defined term “Administrative Agent”, “US Administrative
Agent,” “Canadian Administrative Agent,” “Collateral Agent,” “US Collateral
Agent,” “Canadian Collateral Agent” and “Co-Collateral Agent”, the terms
“agent”, “administrative agent,” “collateral agent” and “co-collateral
agent”) and similar terms in any Credit Document to refer to the Administrative Agents,
Collateral Agents or Co-Collateral Agent, which terms are used for title purposes only, (ii) is not
assuming any obligation under any Credit Document other than as expressly set forth therein or any
role as agent, fiduciary or trustee of or for any Lender or any other Secured Party and (iii) shall
have no implied functions, responsibilities, duties, obligations or other liabilities under any
Credit Document, and each Lender hereby waives and agrees not to assert any claim against the
Administrative Agents, Collateral Agents or Co-Collateral Agent based on the roles, duties and
legal relationships expressly disclaimed in clauses (i) through (iii) above.

12.3 Binding Effect. Each Lender agrees that (i) any action taken by the Administrative Agents or the Required
Lenders (or, if expressly required hereby, a greater proportion of the Lenders) in accordance with
the provisions of the Credit Documents, (ii) any action taken by the Administrative Agents in
reliance upon the instructions of Required Lenders (or,
where so required, such greater proportion) and (iii) the exercise by the Administrative
Agents or the Required Lenders (or, where so required, such greater proportion) of the powers set
forth herein or therein, together with such other powers as are reasonably incidental thereto,
shall be authorized and binding upon all of the Secured Parties.

 

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12.4 Delegation of Duties. The US Administrative Agent, the Canadian Administrative Agent and the Co-Collateral Agent
may execute any of its duties under this Agreement and the other Credit Documents by or through
agents (including any Canadian agent to hold, realize and enforce any Credit Document) or
attorneys-in-fact and shall be entitled to advice of counsel concerning all matters pertaining to
such duties. The US Administrative Agent, the Canadian Administrative Agent and the Co-Collateral
Agent shall not be responsible for the negligence or misconduct of any agents or attorneys-in-fact
selected by it with reasonable care.

12.5 Exculpatory Provisions. Neither the US Administrative Agent, the Canadian Administrative Agent, the Co-Collateral
Agent nor any of their officers, directors, employees, agents, attorneys-in-fact or Affiliates
shall be (a) liable for any action lawfully taken or omitted to be taken by it or such Person under
or in connection with this Agreement or any other Credit Document (except for its or such Person’s
own gross negligence or willful misconduct) or (b) responsible in any manner to any of the Lenders
for any recitals, statements, representations or warranties made by any Borrower, any Guarantor,
any other Credit Party or any officer thereof contained in this Agreement or any other Credit
Document or in any certificate, report, statement or other document referred to or provided for in,
or received by the US Administrative Agent, the Canadian Administrative Agent and the Co-Collateral
Agent under or in connection with, this Agreement or any other Credit Document or for the value,
validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other
Credit Document or for any failure of any Borrower, any Guarantor or any other Credit Party to
perform its obligations hereunder or thereunder. The US Administrative Agent, the Canadian
Administrative Agent and the Co-Collateral Agent shall not be under any obligation to any Lender to
ascertain or to inquire as to the observance or performance of any of the agreements contained in,
or conditions of, this Agreement or any other Credit Document, or to inspect the properties, books
or records of any Borrower.

12.6 Reliance by Administrative Agents. The US Administrative Agent, the Canadian Administrative Agent and the Co-Collateral Agent
shall be entitled to rely, and shall be fully protected in relying, upon any writing, resolution,
notice, consent, certificate, affidavit, letter, telecopy, telex, electronic mail message or
teletype message, statement, order or other document or conversation believed by it to be genuine
and correct and to have been signed, sent or made by the proper Person or Persons and upon advice
and statements of legal counsel (including counsel to the Company), independent accountants and
other experts selected by the US Administrative Agent, the Canadian Administrative Agent or the
Co-Collateral Agent. The US Administrative Agent, the Canadian Administrative Agent and the
Co-Collateral Agent may deem and treat the Lender specified in the Register with respect to any
amount owing hereunder as the owner thereof for all purposes unless a written notice of assignment,
negotiation or transfer thereof shall have been filed with the US Administrative Agent. The US
Administrative Agent, the Canadian Administrative Agent and the Co-Collateral Agent shall be fully
justified in failing or refusing to take any action under this Agreement or any other Credit
Document unless it shall first receive such advice or concurrence of the Required Lenders as it
deems appropriate or it shall first be indemnified to its satisfaction by the Lenders against any
and all liability and expense that may be incurred by it by reason of taking or continuing to take
any such action. The US Administrative Agent, the Canadian Administrative Agent and the
Co-Collateral Agent shall in all cases be fully protected in acting, or in refraining from acting,
under this Agreement and the other Credit Documents in accordance with a request of the Required
Lenders, and such request and any action taken or failure to act pursuant thereto shall be binding
upon all the Lenders and all future holders of the Loans.

12.7 Notice of Default. Neither the US Administrative Agent nor the Canadian Administrative Agent shall be deemed
to have knowledge or notice of the occurrence of any Default or Event of Default hereunder unless
the US Administrative Agent or the Canadian Administrative Agent has received written notice from a
Lender or the Company referring to this Agreement, describing such Default or Event of Default and
stating that such notice is a “notice of default”. In the event that the US Administrative
Agent or the Canadian Administrative Agent receives such a notice, the US Administrative Agent
shall give notice thereof to the Lenders, the US Collateral Agent, the Canadian Collateral Agent
and the Co-Collateral Agent. The US Administrative Agent and the Canadian Administrative Agent
shall take such action with respect to such Default or Event of Default as shall be reasonably
directed by the Required Lenders; provided that unless and until the US Administrative
Agent and the Canadian Administrative Agent shall have received such directions, the US
Administrative Agent and the Canadian Administrative Agent may (but shall not be obligated to) take
such action, or refrain from taking such action, with respect to such Default or Event of Default
as it shall deem advisable in the best interests of the Lenders (except to the extent that this
Agreement requires that such action be taken only with the approval of the Required Lenders or each
of the Lenders, as applicable).

 

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12.8 Non-Reliance on the Administrative Agents and Other Lenders. Each Lender expressly acknowledges that neither the US Administrative Agent, the Canadian
Administrative Agent, the Co-Collateral Agent nor any of their officers, directors, employees,
agents, attorneys-in-fact or Affiliates has made any representations or warranties to it and that
no act by the US Administrative Agent, the Canadian Administrative Agent or the Co-Collateral Agent
hereinafter taken, including any review of the affairs of any Borrower, any Guarantor or any other
Credit Party, shall be deemed to constitute any representation or warranty by the US Administrative
Agent, the Canadian Administrative Agent or the Co-Collateral Agent to any Lender.
Each Lender represents to the US Administrative Agent, the Canadian Administrative Agent and
the Co-Collateral Agent that it has, independently and without reliance upon the US Administrative
Agent, the Canadian Administrative Agent, the Co-Collateral Agent or any other Lender, and based on
such documents and information as it has deemed appropriate, made its own appraisal of an
investigation into the business, operations, property, financial and other condition and
creditworthiness of any Borrower, any Guarantor and any other Credit Party and made its own
decision to make its Loans hereunder and enter into this Agreement. Each Lender also represents
that it will, independently and without reliance upon the US Administrative Agent, the Canadian
Administrative Agent, the Co-Collateral Agent or any other Lender, and based on such documents and
information as it shall deem appropriate at the time, continue to make its own credit analysis,
appraisals and decisions in taking or not taking action under this Agreement and the other Credit
Documents, and to make such investigation as it deems necessary to inform itself as to the
business, operations, property, financial and other condition and creditworthiness of any Borrower,
any Guarantor and any other Credit Party. Except for notices, reports and other documents
expressly required to be furnished to the Lenders by the US Administrative Agent or the Canadian
Administrative Agent hereunder, the US Administrative Agent and the Canadian Administrative Agent
shall not have any duty or responsibility to provide any Lender with any credit or other
information concerning the business, assets, operations, properties, financial condition, prospects
or creditworthiness of any Borrower, any Guarantor or any other Credit Party that may come into the
possession of the US Administrative Agent, the Canadian Administrative Agent or any of their
officers, directors, employees, agents, attorneys-in-fact or Affiliates. Notwithstanding anything
herein to the contrary, each Lender also acknowledges that the lien and security interest granted
to the US Collateral Agent pursuant to the US Security Documents and the existence of any right or
remedy by the US Collateral Agent thereunder are subject to the provisions of the Intercreditor
Agreement. In the event of a conflict between the terms of the Intercreditor Agreement and any US
Security Document, the terms of the Intercreditor Agreement shall govern and control. Each Lender
hereby authorizes the US Collateral Agent to enter into the Intercreditor Agreement on behalf of
such Lender.

12.9 Indemnification. The Lenders agree to indemnify the US Administrative Agent, the Canadian Administrative
Agent and the Co-Collateral Agent in their capacity as such (to the extent not reimbursed by the
Borrowers and without limiting the obligation of the Borrowers to do so), ratably according to
their respective portions of the Total Revolving Credit Commitment in effect on the date on which
indemnification is sought (or, if indemnification is sought after the date upon which the Revolving
Credit Commitments shall have terminated and the Loans shall have been paid in full, ratably in
accordance with their respective portions of the Total Revolving Credit Commitment in effect
immediately prior to such date), from and against any and all liabilities, obligations, losses,
damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind
whatsoever that may at any time (including at any time following the payment of the Loans) be
imposed on, incurred by or asserted against the US Administrative Agent, the Canadian Collateral
Agent or the Co-Collateral Agent in any way relating to or arising out of, the Revolving Credit
Commitments, this Agreement, any of the other Credit Documents or any documents contemplated by or
referred to herein or therein or the transactions contemplated hereby or thereby or any action
taken or omitted by the US Administrative Agent, the Canadian Administrative Agent or the
Co-Collateral Agent under or in connection with any of the foregoing; provided that no
Lender shall be liable for the payment of any portion of such liabilities, obligations, losses,
damages, penalties, actions, judgments, suits, costs, expenses or disbursements resulting from the
US Administrative Agent’s, the Canadian Administrative Agent’s or the Co-Collateral Agent’s gross
negligence or willful misconduct. The agreements in this Section 12.9 shall survive the payment of
the Loans and all other amounts payable hereunder.

12.10 UBS AG, STAMFORD BRANCH, UBS AG CANADA BRANCH and WELLS FARGO CAPITAL FINANCE, LLC
in Their Individual Capacity. UBS AG, STAMFORD BRANCH, UBS AG CANADA BRANCH, WELLS FARGO CAPITAL FINANCE, LLC and their
Affiliates may make loans to, accept deposits from and generally engage in any kind of business
with any Borrower, any Guarantor and any other Credit Party as though UBS AG, STAMFORD BRANCH were
not the US Administrative Agent, UBS AG CANADA BRANCH were not the Canadian Administrative Agent
and WELLS FARGO CAPITAL FINANCE, LLC were not the Co-Collateral Agent hereunder and under the other
Credit Documents. With respect to the Loans made by it, UBS AG, STAMFORD BRANCH, UBS AG CANADA
BRANCH or WELLS FARGO CAPITAL FINANCE, LLC shall have the same rights and powers under this
Agreement and the other Credit Documents as any Lender and may exercise the same as though it were
not the Administrative Agent, and the terms “Lender” and “Lenders” shall include
UBS AG, STAMFORD BRANCH, UBS AG CANADA BRANCH and WELLS FARGO CAPITAL FINANCE, LLC in their
individual capacity.

12.11 Successor Agent. The US Administrative Agent, the Canadian Administrative Agent, the Co-Collateral Agent,
the US Collateral Agent and/or the Canadian Collateral Agent may resign as the US Administrative
Agent, the Canadian Administrative Agent, the Co-Collateral Agent, the US Collateral Agent and/or
the Canadian Collateral Agent, as the case may be, upon 20 days’ prior written notice to the
Lenders and the Company. If the US Administrative Agent, the Canadian Administrative Agent, the
Co-Collateral Agent, the US Collateral Agent and/or the Canadian Collateral Agent shall resign as
the US Administrative Agent, the Canadian Administrative Agent, the Co-Collateral Agent, the US
Collateral Agent and/or the Canadian Collateral Agent, as the case may be, under this Agreement and
the other Credit Documents, then (a) the Required Lenders shall appoint from among the Lenders a
successor agent for the Lenders within 30 days, or (b) the US Administrative Agent, the Canadian
Administrative Agent, the Co-Collateral Agent, the US Collateral Agent and/or the Canadian
Collateral Agent, as applicable, may, on behalf of the Lenders, appoint a successor US
Administrative Agent, the Canadian Administrative Agent, the
Co-Collateral Agent, the US Collateral Agent and/or

 

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the Canadian Collateral Agent, as the case
may be, selected from among the  Lenders. In either case, the successor agent shall be approved by
the Company (which approval shall not be unreasonably withheld and shall not be required if an
Event of Default under Section 11.1 or 11.5 shall have occurred and be continuing), whereupon such
successor agent shall succeed to the rights, powers and duties of the US Administrative Agent, the
Canadian Administrative Agent, the Co-Collateral Agent, the US Collateral Agent and/or the Canadian
Collateral Agent, as applicable, and the term “US Administrative Agent”, “Canadian
Administrative Agent”, “Co-Collateral Agent”, “US Collateral Agent” and/or
“Canadian Collateral Agent”, as the case may be, shall mean such successor agent effective
upon such appointment and approval, and the former US Administrative Agent’s, the Canadian
Administrative Agent’s, the Co-Collateral Agent’s, the US Collateral Agent’s and/or the Canadian
Collateral Agent’s, as applicable, rights, powers and duties as the US Administrative Agent, the
Canadian Administrative Agent, the Co-Collateral Agent, the US Collateral Agent and/or the Canadian
Collateral Agent, as the case may be, shall be terminated, without any other or further act or deed
on the part of such former US Administrative Agent, the Canadian Administrative Agent, the
Co-Collateral Agent, the US Collateral Agent and/or the Canadian Collateral Agent, as the case may
be, or any of the parties to this Agreement or any Lenders or other holders of the Loans. After
any retiring US Administrative Agent’s, the Canadian Administrative Agent’s, the Co-Collateral
Agent’s, the US Collateral Agent’s and/or the Canadian Collateral Agent’s resignation as the US
Administrative Agent, the Canadian Administrative Agent, the Co-Collateral Agent, the US Collateral
Agent and/or the Canadian Collateral Agent, as the case may be, the provisions of this Section 11
shall inure to its benefit as to any actions taken or omitted to be taken by it while it was the US
Administrative Agent, the Canadian Administrative Agent, the Co-Collateral Agent, the US Collateral
Agent and/or the Canadian Collateral Agent, as the case may be, under this Agreement and the other
Credit Documents.

12.12 Withholding Tax. To the extent the US Administrative Agent or the Canadian Administrative Agent reasonably
believes that it is required by any Applicable Law, the US Administrative Agent or the Canadian
Administrative Agent may withhold from any payment to any Lender an amount equivalent to any
applicable withholding tax. If the Internal Revenue Service or any authority of the United States
or other jurisdiction asserts a claim that the US Administrative Agent or the Canadian
Administrative Agent did not properly withhold tax from amounts paid to or for the account of any
Lender for any reason (including because the appropriate form was not delivered, was not properly
executed, or because such Lender failed to notify the US Administrative Agent or the Canadian
Administrative Agent of a change in circumstances which rendered the exemption from, or reduction
of, withholding tax ineffective), such Lender shall indemnify the US Administrative Agent or the
Canadian Administrative Agent fully for all amounts paid, directly or indirectly, by the US
Administrative Agent or the Canadian Administrative Agent as tax or otherwise, including penalties,
additions to tax and interest, together with all expenses incurred, including legal expenses,
allocated staff costs and any out of pocket expenses. The agreements in this Section 12.12 shall
survive the termination of this Agreement and the payment of the Loans and all other amounts
payable hereunder. The Administrative Agents shall be permitted to set-off any amounts owed to a
Lender under this Section 12.12 against any amounts payable to such Lender.

12.13 Duties as Collateral Agents and as Paying Agent. Without limiting the generality of Section 12.1 above, the US Collateral Agent and the
Canadian Collateral Agent shall have the sole and exclusive right and authority (to the exclusion
of the Lenders), and is hereby authorized, to (i) act as the disbursing and collecting agent for
the Secured Parties with respect to all payments and collections arising in connection with the
Credit Documents (including in any proceeding described in Section 11.5 or any other bankruptcy,
insolvency or similar proceeding), and each Person making any payment in connection with any Credit
Document to any Secured Party is hereby authorized to make such payment to the US Collateral Agent
or the Canadian Collateral Agent, (ii) file and prove claims and file other documents necessary or
desirable to allow the claims of the Secured Parties with respect to any Obligation in any
proceeding described in Section 11.5 or any other bankruptcy, insolvency or similar proceeding (but
not to vote, consent or otherwise act on behalf of such Secured Party), (iii) act as collateral
agent for each Secured Party for purposes of the perfection of all Liens created by such agreements
and all other purposes stated therein, (iv) manage, supervise and otherwise deal with the
Collateral, (v) take such other action as is necessary or desirable to maintain the perfection and
priority of the Liens created or purported to be created by the Credit Documents, (vi) except as
may be otherwise specified in any Credit Document, exercise all remedies given to the US Collateral
Agent, the Canadian Collateral Agent and the other Secured Parties with respect to the Collateral,
whether under the Security Documents, applicable requirements of law or otherwise and (vii) execute
any amendment, consent or waiver under the Security Documents on behalf of the Secured Parties, to
the extent consented to in accordance with Section 13.1 and the terms thereof; provided,
however, that the US Collateral Agent and the Canadian Collateral Agent hereby appoints,
authorizes and directs each Lender to act as collateral sub-agent for the US Collateral Agent, the
Canadian Collateral Agent and the Secured Parties for purposes of the perfection of all Liens with
respect to the Collateral, including any deposit account maintained by a Credit Party with, and
cash and Permitted Investments held by such Secured Parties and may further authorize and direct
the Secured Parties to take further actions as collateral sub-agents for purposes of enforcing such
Liens or otherwise to transfer the Collateral subject thereto to the US Collateral Agent, the
Canadian Collateral Agent, and each Secured Party hereby agrees to take such further actions to the
extent, and only to the extent, so authorized and directed.

 

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12.14 Authorization to Release Liens and Guarantees. The US Administrative Agent, the Canadian Administrative Agent, the US Collateral Agent and
the Canadian Collateral Agent are hereby irrevocably authorized by each of the
Lenders to effect any release or subordination of Liens or the Guarantees contemplated by
Section 13.17 without further action or consent by the Lenders.

12.15 Collateral Agent Duties. Notwithstanding anything contained in this Agreement to the contrary, all actions as it
relates to the Collateral securing the US Obligations that shall be taken by a Collateral Agent
hereunder shall be taken by the US Collateral Agent and all actions as it relates to the Collateral
securing the Canadian Obligations that shall be taken by a Collateral Agent hereunder shall be
taken by the Canadian Collateral Agent.

SECTION 13. Miscellaneous

13.1 Amendments and Waivers.

(a) Except as expressly set forth in this Agreement or in any other Credit Document, neither
this Agreement nor any other Credit Document, nor any terms hereof or thereof may be amended,
supplemented or modified except in accordance with the provisions of this Section 13.1. The
Required Lenders may, or, with the written consent of the Required Lenders, the US Administrative
Agent, the Canadian Administrative Agent, the US Collateral Agent and/or the Canadian Collateral
Agent shall, from time to time, (a) enter into with the relevant Credit Party or Credit Parties
written amendments, supplements or modifications hereto and to the other Credit Documents for the
purpose of adding any provisions to this Agreement or the other Credit Documents or changing in any
manner the rights of the Lenders or the Credit Parties hereunder or thereunder or (b) waive, on
such terms and conditions as the Required Lenders, the US Administrative Agent, the Canadian
Administrative Agent, the US Collateral Agent and/or the Canadian Collateral Agent, as the case may
be, may specify in such instrument, any of the requirements of this Agreement or the other Credit
Documents or any Default or Event of Default and its consequences; provided,
however, that no such waiver, amendment, supplement or modification shall directly (i)
reduce or forgive any portion of any Loan or reduce the stated interest rate or fees applicable to
the Loans (it being understood that any change to the component definitions of Average Excess
Availability shall not constitute a reduction in the stated interest rate and provided that
only the consent of the Required Lenders shall be necessary to waive any obligation of the
Borrowers to pay interest at the “default rate” or amend Section 2.8(c)), or reduce or forgive any
portion, or extend the date for the payment, of any interest or fee payable hereunder (other than
as a result of waiving the applicability of any post-default increase in interest rates and other
than as a result of a waiver or amendment of any mandatory prepayment of Loans (which shall not
constitute an extension, forgiveness or postponement of any date for payment of principal, interest
or fees)), or reduce or extend the date for payment of any Unpaid Drawings, or extend the final
expiration date of any Lender’s Commitment (provided that, any Lender, upon the request of the
Borrower, may extend the final expiration date of its Commitments without the consent of any other
Lender, including the Required Lenders) or extend the final expiration date of any Letter of Credit
beyond the date specified in Section 3.1(a), or increase the aggregate amount of any Commitment of
any Lender, in each case without the written consent of each Lender directly and adversely affected
thereby, or (ii) amend, modify or waive any provision of this Section 13.1 or reduce the
percentages specified in the definition of the term “Required Lenders,” “Required US
Lenders,” “Required Canadian Lenders” or “Supermajority Lenders” or consent to
the assignment or transfer by the Company of its rights and obligations under any Credit Document
to which it is a party (except as permitted pursuant to Section 10.3), in each case without the
written consent of each Lender, or (iii) amend, modify or waive any provision of Section 12 without
the written consent of the then-current US Administrative Agent, the Canadian Administrative Agent,
the Co-Collateral Agent US Collateral Agent and/or the Canadian Collateral Agent, as applicable, or
(iv) amend, modify or waive any provision of Section 3 without the written consent of the Letter of
Credit Issuer, or (v) amend, modify or waive any provisions hereof relating to Swingline Loans
without the written consent of the Swingline Lender, or (vi) release all or substantially all of
the Guarantors under the Guarantees (except as expressly permitted by the Guarantees), or, subject
to the Intercreditor Agreement, release all or substantially all of the Collateral under the
Security Documents, in each case without the prior written consent of each Lender, or (vii) amend
Section 2.9 so as to permit Interest Period intervals greater than six months if not agreed by all
applicable Lenders in each case without the prior written consent of each applicable Lender;
provided, further, that any provision of this Agreement or any other Credit
Document may be amended by an agreement in writing entered into by the Company and the
Administrative Agents to cure any ambiguity, omission, mistake, defect or inconsistency so long as,
in each case, such action shall not adversely affect the interest of the Lenders and the Lenders
shall have received at least five Business Days’ prior written notice thereof and the
Administrative Agents shall not have received, within five Business Days of the date of such
written notice to the Lenders, a written notice from any Lenders stating that such Lender objects
to such amendment.

(b) Notwithstanding anything to the contrary contained in this Section 13.1, (i) the Company
and the US Collateral Agent may, without the input or consent of the other Lenders, effect changes
to Exhibit C-1 as may be necessary or appropriate in the opinion of the US Collateral Agent and
(ii) the Company and the Canadian Collateral Agent may, without the input or consent of the other
Lenders, effect changes to Exhibit C-2 as may be necessary or appropriate in the opinion of the
Canadian Collateral Agent.

 

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(c) No amendment, modification, termination or waiver of or consent with respect to any
provision of this Agreement (i) which modifies the definition of the “Borrowing Base,” “US
Borrowing Base,” “Canadian Borrowing Base”
or the constituent definitions thereof in a manner that is intended to increase availability
under the Credit Facilities shall be effective unless the same shall be in writing and signed by
the US Administrative Agent, the Canadian Administrative Agent, the Co-Collateral Agent, the
Supermajority Lenders and the Company and (ii) modifications to the advance rates specified in the
definition of “US Borrowing Base” or “Canadian Borrowing Base” in a manner that is intended to
increase availability under either the US Credit Facility or the Canadian Credit Facility shall be
effective unless the same shall be in writing and signed by the US Administrative Agent, the
Canadian Administrative Agent, the Co-Collateral Agent, each Lender and the Company.

(d) Notwithstanding anything to the contrary contained herein, any amendment, waiver,
discharge or termination with respect to: (i) the terms of the Canadian Credit Facility exclusively
(and not terms of the US Credit Facility or terms applicable to both the Canadian Credit Facility
and the US Credit Facility), shall require the consent of the Canadian Administrative Agent and the
Required Canadian Lenders, and (ii) the terms of the US Credit Facility exclusively (and not terms
of the US Credit Facility or terms applicable to both the Canadian Credit Facility and the US
Credit Facility) shall require the consent of the US Administrative Agent and Required US Lenders.

13.2 Notices and Other Communications; Facsimile Copies

(a) General. All notices, demands, requests, directions and other communications
required or expressly authorized to be made by this Agreement shall, whether or not specified to be
in writing but unless otherwise expressly specified to be given by any other means, be given in
writing and (i) addressed to (A) the party to be notified and sent to the address or facsimile
number indicated in Schedule 13.2, or (B) otherwise to the party to be notified at its address
specified on the signature page of any applicable Assignment and Acceptance Agreement, (ii) posted
to SyndTrak (to the extent such system is available and set up by or at the direction of the US
Administrative Agent prior to posting) in an appropriate location by uploading such notice, demand,
request, direction or other communication to www.syndtrak.com or using such other means of posting
to SyndTrak® as may be available and reasonably acceptable to the US Administrative Agent prior to
such posting, (iii) posted to any other E-System set up by or at the direction of the US
Administrative Agent in an appropriate location or (iv) addressed to such other address as shall be
notified in writing to the Company and the US Administrative Agent. Transmission by electronic
mail (including E-Fax, even if transmitted to the fax numbers set forth in clause (i) above) shall
not be sufficient or effective to transmit any such notice under this clause (a) unless such
transmission is an available means to post to any E-System.

(b) Effectiveness. All communications described in clause (a) above and all other
notices, demands, requests and other communications made in connection with this Agreement shall be
effective and be deemed to have been received (i) if delivered by hand, upon personal delivery,
(ii) if delivered by overnight courier service, one Business Day after delivery to such courier
service, (iii) if delivered by mail, when deposited in the mails, (iv) if delivered by facsimile
(other than to post to an E-System pursuant to clause (a)(ii) or (a)(iii) above), upon sender’s
receipt of confirmation of proper transmission, and (v) if delivered by posting to any E-System, on
the later of the date of such posting in an appropriate location and the date access to such
posting is given to the recipient thereof in accordance with the standard procedures applicable to
such E-System. Failure or delay in delivering copies of any notice, demand, request, consent,
approval, declaration or other communication to any Person (other than the Borrowers, the US
Administrative Agent or the Canadian Administrative Agent) designated in Schedule 13.2 to receive
copies shall in no way adversely affect the effectiveness of such notice, demand, request, consent,
approval, declaration or other communication. The giving of any notice required hereunder may be
waived in writing by the party entitled to receive such notice.

(c) Reliance by Agents and Lenders. The US Administrative Agent, the Canadian Administrative Agent and the Lenders shall be
entitled to rely and act upon any notices purportedly given by or on behalf of the Company 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. All telephonic notices to the US
Administrative Agent or the Canadian Administrative Agent may be recorded by the US Administrative
Agent or the Canadian Administrative Agent, and each of the parties hereto hereby consents to such
recording.

13.3 No Waiver; Cumulative Remedies. No failure to exercise and no delay in exercising, on the part of the US Administrative
Agent, the Canadian Administrative Agent, the US Collateral Agent, the Canadian Collateral Agent or
any Lender, any right, remedy, power or privilege hereunder or under the other Credit Documents
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.

13.4 Survival of Representations and Warranties. All representations and warranties made hereunder, in the other Credit Documents and in any
document, certificate or statement delivered pursuant hereto or in connection herewith shall
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13.5 Payment of Expenses; Indemnification.

(a) The Borrowers agree, (i) to pay or reimburse the Agents for all their reasonable and
documented out-of-pocket costs and expenses incurred in connection with the development,
preparation and execution of, and any amendment, supplement or modification to, this Agreement and
the other Credit Documents and any other documents prepared in connection herewith or therewith,
and the consummation and administration of the transactions contemplated hereby and thereby,
including the reasonable fees, disbursements and other charges of Cahill Gordon & Reindel
llp and one firm of counsel in each appropriate local jurisdiction approved by the Company
(which may include a single special counsel acting in multiple jurisdictions), (ii) to pay or
reimburse each Lender, the US Collateral Agent, the Canadian Collateral Agent, the Co-Collateral
Agent, the US Administrative Agent and the Canadian Administrative Agent for all their reasonable
and documented out-of-pocket costs and expenses incurred in connection with the enforcement or
preservation of any rights under this Agreement, the other Credit Documents and any such other
documents, including the reasonable fees, disbursements and other charges of one firm of counsel to
the Lenders, the US Administrative Agent, the Canadian Administrative Agent, the Co-Collateral
Agent, the US Collateral Agent and the Canadian Collateral Agent and, to the extent required, one
firm of local counsel in each appropriate local jurisdiction (which may include a single special
counsel acting in multiple jurisdictions) and (iii) to pay, indemnify and hold harmless each
Lender, the US Administrative Agent, the Canadian Administrative Agent, the US Collateral Agent,
the Canadian Collateral Agent, the Co-Collateral Agent, the Letter of Credit Issuers and their
respective Related Parties (the “Indemnified Parties”) from and against any and all other
liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or
disbursements of any kind or nature whatsoever, including reasonable and documented fees,
disbursements and other charges of one firm of counsel for all Indemnified Parties, taken as a
whole, and if necessary, of a single firm of local counsel in each appropriate jurisdiction (which
may include a single special counsel acting in multiple jurisdictions) for all Indemnified Parties,
taken as a whole (and, in the case of an actual or perceived conflict of interest where the
Indemnified Party affected by such conflict informs the Company of such conflict and thereafter
retains its own counsel, of another firm of counsel for such affected Indemnified Party) arising
out of, or with respect to the Transactions or to the execution, delivery, enforcement, performance
and administration of this Agreement, the other Credit Documents and any such other documents or
the use of the proceeds thereof, including any of the foregoing relating to the violation of,
noncompliance with or liability under, any Environmental Law or any actual or alleged presence,
Release or threatened Release of Hazardous Materials related to Borrowers, any of their
Subsidiaries or any of the properties currently owned, leased or operated by any of the Borrowers
or their Subsidiaries (all the foregoing in this clause (iii), collectively, the “indemnified
liabilities”); provided that the Borrowers shall have no obligation hereunder to any
Indemnified Party with respect to indemnified liabilities arising from (A) the gross negligence,
bad faith or willful misconduct of such Indemnified Party or its Related Parties, (B) a material
breach of the obligations of such Indemnified Party or its Related Parties under the Credit
Documents or (C) disputes between or among the Indemnified Parties other than a claim against any
Indemnified Party (or its respective Affiliates) not arising from any act or omission by the
Borrowers, the Guarantors or any of their Subsidiaries; provided that the US Administrative
Agent, the Canadian Administrative Agent, the Co-Collateral Agent, the US Collateral Agent or the
Canadian Collateral Agent and their Related Parties, to the extent acting in their capacity as
such, shall remain indemnified pursuant to this Section 13.5 in respect of such disputes to the
extent otherwise entitled to be indemnified pursuant to this Section 13.5. All amounts payable
under this Section 13.5 shall be paid within 5 Business Days after receipt by the Company of an
invoice relating thereto setting forth such expense in reasonable detail. The agreements in this
Section 13.5 shall survive repayment of the Loans and all other amounts payable hereunder.

(b) No Credit Party nor any Indemnified Party shall have any liability for any punitive,
indirect or consequential damages resulting from this Agreement or any other Credit Document or
arising out of its activities in connection herewith or therewith (whether before or after the
Closing Date). No Indemnified Party shall be liable for any damages arising from the use by
unintended recipients of any information or other materials distributed by it through
telecommunications, electronic or other information transmission systems in connection with this
Agreement or the other Credit Documents or the transactions contemplated hereby or thereby, except
to the extent that such damages have resulted from the willful misconduct, bad faith or gross
negligence of any Indemnified Party or any of its Related Parties.

Without limiting the generality of the foregoing, but only to the extent representing
reasonable and documented out-of-pocket costs and expenses, costs, charges and fees described above
may include: fees, costs and expenses of accountants, environmental advisors, appraisers,
investment bankers, management and other consultants and paralegals (if any such accountants,
environmental advisors, appraisers, investment bankers and management and other consultants have
been retained with the prior written consent of the Company); photocopying and duplication
expenses; long distance telephone charges; air express charges; air express charges; and telegram
or telecopy charges.

 

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13.6 Successors and Assigns; Participations and Assignments.

(a) The provisions of this Agreement shall be binding upon and inure to the benefit of the
parties hereto and their respective successors and assigns permitted hereby (including any
Affiliate of a Letter of Credit Issuer that issues any Letter of Credit), except that (i) except as
set forth in Section 10.3(a), the Company may not assign or otherwise transfer any of its rights or
obligations hereunder without the prior written consent of each Lender (and any attempted
assignment or transfer by
the Company without such consent shall be null and void) and (ii) no Lender may assign or
otherwise transfer its rights or obligations hereunder except in accordance with this Section 13.6.
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 (including
any Affiliate of a Letter of Credit Issuer that issues any Letter of Credit), Participants (to the
extent provided in Section 13.6(c)) and, to the extent expressly contemplated hereby, the
Indemnified Parties) any legal or equitable right, remedy or claim under or by reason of this
Agreement.

(b) (i) Subject to the conditions set forth in paragraph 13.6(b)(ii), any Lender may 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 US Revolving Credit Commitments, the US Revolving Credit Loans,
the Canadian Revolving Credit Commitments and Canadian Revolving Credit Loans at the time owing to
it) to an Eligible Assignee with the prior written consent (such consent not to be unreasonably
withheld or delayed; it being understood that, without limitation, the Company shall have the right
to withhold its consent to any assignment if, in order for such assignment to comply with
Applicable Law, the Company would be required to obtain the consent of, or make any filing or
registration with, any Governmental Authority) of:

(A) the Company; provided that no consent of the Company shall be required for
an assignment if an Event of Default under Section 11.1 or Section 11.5 has occurred and is
continuing); and

(B) the US Administrative Agent, the Swingline Lender and the US Letter of Credit
Issuers, with respect to any assignment of US Revolving Credit Loans or US Revolving Credit
Commitments and the Canadian Administrative Agent, the Swingline Lender, the Canadian Letter
of Credit Issuers, with respect to any assignment of Canadian Revolving Credit Loans or
Canadian Revolving Credit Commitments.

(ii) Assignments shall be subject to the following additional conditions:

(A) except in the case of (i) an assignment to a Lender, an Affiliate of a Lender or an
Approved Fund or (ii) an assignment of the entire remaining amount of the assigning Lender’s
Commitments or (iii) an assignment by any Joint Bookrunner, the amount of the Commitments or
Loans of the assigning Lender subject to each such assignment (determined as of the date the
Assignment and Acceptance with respect to such assignment is delivered to the US
Administrative Agent or the Canadian Administrative Agent, as applicable) shall not be less
than $5,000,000, unless each of the Company and the US Administrative Agent otherwise
consents; provided that no such consent of the Company shall be required if an Event
of Default under Section 11.1 or Section 11.5 has occurred and is continuing; and
provided, further, that contemporaneous assignments to a single assignee
made by affiliated Lenders or related Approved Funds or by a single assignor to related
Approved Funds shall be aggregated for purposes of meeting the minimum assignment amount
requirements stated above;

(B) the payment to the US Administrative Agent of an assignment in an amount equal to
$3,500 (save for transfer made by any Joint Bookrunner or one of their Affiliates);

(C) the parties to each assignment shall execute and deliver to the Administrative
Agent an Assignment and Acceptance; and

(D) the assignee, if it shall not be a Lender, shall deliver to the US Administrative
Agent any tax forms required by Section 5.4 and an administrative questionnaire in a form
approved by the US Administrative Agent in which the assignee designates one or more credit
contacts to whom all syndicate-level information (which may contain material non-public
information about the Credit Parties and their Related Parties or their respective
securities) will be made available and who may receive such information in accordance with
the assignee’s compliance procedures and Applicable Laws, including Federal and state
securities laws.

For the purpose of this Section 13.6(b), the term “Approved Fund” has the following
meaning:

“Approved Fund” means any Person (other than a natural Person) that is engaged in
making, purchasing, holding or investing in bank or commercial loans and similar extensions of
credit and that is administered, advised or managed by (a) a Lender, (b) an Affiliate of a Lender
or (c) an entity or an Affiliate of an entity that administers, advises or manages a Lender.

(iii) Subject to acceptance and recording thereof pursuant to Section 13.6(b)(vi), from and
after the effective date specified in each Assignment and Acceptance, the Eligible Assignee
thereunder shall be a party hereto and to the Loss Sharing Agreement and, to the extent of the
interest assigned by such Assignment and Acceptance, 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 Acceptance, be released from its obligations under this Agreement (and, in
the case of an Assignment and Acceptance 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 2.10, 2.11, 3.5, 5.4 and 13.5). Any assignment or
transfer by a Lender of rights or obligations under this Agreement that does not comply with this
Section 13.6 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 Section 13.6(c).

 

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(iv) By executing and delivering an Assignment and Acceptance, the assigning Lender thereunder
and the assignee thereunder shall be deemed to confirm to and agree with each other and the other
parties hereto as follows: (A) such assigning Lender warrants that it is the legal and beneficial
owner of the interest being assigned thereby free and clear of any adverse claim and that its
Revolving Credit Commitment, and the outstanding balances of its Revolving Credit Loans, in each
case without giving effect to assignments thereof which have not become effective, are as set forth
in such Assignment and Acceptance, (B) except as set forth in (A) above, such assigning Lender
makes no representation or warranty and assumes no responsibility with respect to any statements,
warranties or representations made in or in connection with this Agreement, or the execution,
legality, validity, enforceability, genuineness, sufficiency or value of this Agreement, any other
Credit Document or any other instrument or document furnished pursuant hereto, or the financial
condition of Holdings, the Borrowers or any Subsidiary or the performance or observance by
Holdings, the Borrowers or any Subsidiary of any of their obligations under this Agreement, any
other Credit Document or any other instrument or document furnished pursuant hereto; (C) such
assignee represents and warrants that it is legally authorized to enter into such Assignment and
Acceptance; (D) such assignee confirms that it has received a copy of this Agreement, together with
copies of the most recent financial statements referred to in Section 8.9 or delivered pursuant to
Section 9.1 and such other documents and information as it has deemed appropriate to make its own
credit analysis and decision to enter into such Assignment and Acceptance; (E) such assignee will
independently and without reliance upon the US Administrative Agent, the Canadian Administrative
Agent, the US Collateral Agent, the Canadian Collateral Agent, such assigning Lender 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 this Agreement; (F)
such assignee appoints and authorizes the US Administrative Agent, the Canadian Administrative
Agent, the US Collateral Agent and the Canadian Collateral Agent to take such action as agent on
its behalf and to exercise such powers under this Agreement and the other Credit Documents as are
delegated to the US Administrative Agent, the Canadian Administrative Agent, the US Collateral
Agent and the Canadian Collateral Agent, respectively, by the terms hereof, together with such
powers as are reasonably incidental thereto; and (G) such assignee agrees to be bound by the terms
of the Intercreditor Agreement and the Loss Sharing Agreement and (H) such assignee agrees that it
will perform in accordance with their terms all the obligations which by the terms of this
Agreement are required to be performed by it as a Lender.

(v) The US Administrative Agent, acting for this purpose as an agent of the Borrowers, shall
maintain at the US Administrative Agent’s Office a copy of each Assignment and Acceptance delivered
to it and a register for the recordation of the names and addresses of the Lenders, and the
Commitments of, and principal amount of the Loans (and interest thereon) and any payment made by a
Letter of Credit Issuer under any Letter of Credit owing to, each Lender pursuant to the terms
hereof from time to time (the “Register”). Further, the Register shall contain the name
and address of the US Administrative Agent and the lending office through which each such Person
acts under this Agreement. The entries in the Register shall be conclusive, and the Borrowers, the
US Administrative Agent, the Canadian Administrative Agent, the Letter of Credit Issuers, the US
Collateral Agent, the Canadian Collateral Agent and the Lenders shall treat each Person whose name
is recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of
this Agreement, notwithstanding notice to the contrary. The Register, as in effect at the close of
business on the preceding Business Day, shall be available for inspection by the Borrowers, the
Canadian Administrative Agent, the US Collateral Agent, the Canadian Collateral Agent and any
Lender, at any reasonable time and from time to time upon reasonable prior notice.

(vi) Upon its receipt of and, if required, consent to, a duly completed Assignment and
Acceptance executed by an assigning Lender and an assignee, the assignee’s completed administrative
questionnaire and the tax form required by Section 5.4 (unless the assignee shall already be a
Lender hereunder) and any written consent to such assignment required by Section 13.6(b)(i), the US
Administrative Agent shall accept such Assignment and Acceptance and record the information
contained therein in the Register. No assignment shall be effective for purposes of this Agreement
unless and until it has been recorded in the Register as provided in this paragraph.

(c) (i) Any Lender may, without the consent of the Company, any Administrative Agent, any
Collateral Agent, any Letter of Credit Issuer or the Swingline Lender, sell participations to one
or more banks or other entities (each, a “Participant”) in all or a portion of such
Lender’s rights and obligations under this Agreement (including all or a portion of its Commitments
and the Loans owing to it); provided that (A) such Lender’s obligations under this
Agreement shall remain unchanged, (B) such Lender shall remain solely responsible to the other
parties hereto for the performance of such obligations and (C) the Company, the Administrative
Agents, the Collateral Agents, the Letter of Credit Issuers, the Swingline Lender, and the other
Lenders shall continue to deal solely and directly with such Lender in connection with such
Lender’s rights and obligations under this Agreement. 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 or any other Credit Document;
provided that such agreement or instrument may provide that such Lender will not, without
the consent of the Participant, agree to any amendment, modification or waiver described in the
first proviso to Section 13.1 that affects such Participant. Subject to Section 13.6(c)(ii), the
Company agrees that each Participant shall be entitled to the benefits (and subject to the
requirements) of Sections 2.10, 2.11, 3.5, 5.4 and 13.5 to the same extent as if it were a Lender
and had acquired its interest by assignment pursuant to Section 13.6(b). To the extent permitted
by law, each Participant also shall be entitled to the benefits of Section 13.8(b) as though it
were a Lender; provided such Participant agrees to be subject to Section 13.8(a) as though
it were a Lender.

 

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(ii) A Participant shall not be entitled to receive any greater payment under Sections 2.10,
2.11, 3.5 or 5.4 than the applicable Lender would have been entitled to receive with respect to the
participation sold to such Participant, except to the extent that the entitlement to a greater
payment resulted from a change in Applicable Laws after the Participant became a Participant or
unless the sale of the participation to such Participant was made with the Borrower’s prior written
consent. Each Lender having sold a participation in any of its Obligations, acting as a
non-fiduciary agent of the Company solely for this purpose, shall establish and maintain at its
address a record of ownership, in which such Lender shall register by book entry (A) the name and
address of each such Participant (and each change thereto, whether by assignment or otherwise) and
(B) the rights, interest or obligation of each such Participant in any Obligation, in any
Commitment and in any right to receive any principal, interest or other payment hereunder. A
Participant listed in the foregoing register shall be treated by the parties as the Participant for
all purposes of this Agreement, notwithstanding notice to the contrary.

(d) Any Lender may, without the consent of the Company, the Collateral Agents or the
Administrative Agents, at any time pledge or assign a security interest in all or any portion of
its rights under this Agreement to secure obligations of such Lender, including any pledge or
assignment to secure obligations to a Federal Reserve Bank, and this Section 13 shall not apply to
any such pledge or assignment of a security interest; provided that no such pledge or
assignment of a security interest shall release a Lender from any of its obligations hereunder or
substitute any such pledgee or assignee for such Lender as a party hereto. In order to facilitate
such pledge or assignment, the Borrowers hereby agree that, upon request of any Lender at any time
and from time to time after the Borrowers have made their initial borrowing hereunder, the
Borrowers shall provide to such Lender, at the Borrowers’ own expense, a promissory note,
substantially in the form of Exhibit I, evidencing the Revolving Credit Loans owing to such Lender.

(e) Subject to Section 13.16, the Borrowers authorize each Lender to disclose to any
Participant, secured creditor of such Lender or assignee (each, a “Transferee”) and any
prospective Transferee any and all financial information in such Lender’s possession concerning the
Borrowers and their Affiliates that has been delivered to such Lender by or on behalf of the
Borrowers and their Affiliates pursuant to this Agreement or which has been delivered to such
Lender by or on behalf of the Borrowers and their Affiliates in connection with such Lender’s
credit evaluation of the Borrowers and their Affiliates prior to becoming a party to this
Agreement.

13.7 Replacements of Lenders under Certain Circumstances.

(a) The Company, at its sole expense, shall be permitted to replace any Lender (or any
Participant) that (i) requests reimbursement for amounts owing pursuant to Section 2.10, 2.11, 3.5
or 5.4, (ii) is affected in the manner described in Section 2.10(a)(iii) and as a result thereof
any of the actions described in such Section is required to be taken or (iii) becomes a Defaulting
Lender, with a replacement bank or other financial institution; provided that (A) such
replacement does not conflict with any Applicable Law, (B) no Event of Default shall have occurred
and be continuing at the time of such replacement, (C) the Company shall repay (or the replacement
bank or institution shall purchase, at par) all Loans and other amounts (other than any disputed
amounts) pursuant to Section 2.10, 2.11, 3.5 or 5.4, as the case may be, owing to such replaced
Lender prior to the date of replacement, (D) the replacement bank or institution, if not already a
Lender, and the terms and conditions of such replacement, shall be reasonably satisfactory to the
US Administrative Agent, (E) the replaced Lender shall be obligated to make such replacement in
accordance with the provisions of Section 13.6, (F) any such replacement shall not be deemed to be
a waiver of any rights that the Company, the US Administrative Agent or any other Lender shall have
against the replaced Lender or that the replaced Lender shall have against the Borrowers and the
other parties for indemnity, contribution, payment of disputed and other unpaid amounts and
otherwise and (G) such replacement shall materially reduce the future amounts payable pursuant to
Section 2.10, 2.11, 3.5 and 5.4 (as applicable).

(b) If any Lender (such Lender a “Non-Consenting Lender”) has failed to consent to a
proposed amendment, waiver, discharge or termination, which pursuant to the terms of Section 13.1
requires the consent of all of the Lenders affected or Supermajority Lenders and with respect to
which the Required Lenders shall have granted their consent, then provided no Event of Default has
occurred and is continuing, the Company shall have the right (unless such Non-Consenting Lender
grants such consent), at its own cost and expense, to replace such Non-Consenting Lender by
requiring such Non-Consenting Lender to assign its Loans and Commitments to one or more assignees
reasonably acceptable to the US Administrative Agent; provided that: (i) all Obligations of
the Borrowers owing to such Non-Consenting Lender being replaced shall be paid in full to
such Non-Consenting Lender concurrently with such assignment, (ii) the replacement Lender
shall purchase the foregoing by paying to such Non-Consenting Lender a price equal to the principal
amount thereof plus accrued and unpaid interest and/or fees thereon, (iii) the replacement Lender
shall consent to the proposed amendment, waiver, discharge or termination and (iv) all Lenders
(except all Non-Consenting Lenders which are simultaneously replaced) have consented to such
proposed amendment, waiver, discharge or termination. In connection with any such assignment, the
Company, the US Administrative Agent, such Non-Consenting Lender and the replacement Lender shall
otherwise comply with Section 13.6.

 

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13.8 Payments Generally; Adjustments; Set-off.

(a) If any Lender shall fail to make any payment required to be made by it pursuant to Section
2.1(c), 3.3, 3.4 or 12.9, then the US Administrative Agent or the Canadian Administrative Agent, as
applicable, may, in their discretion and notwithstanding any contrary provision hereof, (i) apply
any amounts thereafter received by the Administrative Agent for the account of such Lender for the
benefit of the US Administrative Agent, the Canadian Administrative Agent, the Swingline Lender or
the Letter of Credit Issuer to satisfy such Lender’s obligations to it under such Section until all
such unsatisfied obligations are fully paid, and/or (ii) hold any such amounts in a segregated
account as Cash Collateral for, and application to, any future funding obligations of such Lender
under any such Section, in the case of each of clauses (i) and (ii) above, in any order as
determined by the US Administrative Agent or the Canadian Administrative Agent, as applicable, in
their discretion.

(b) If any Lender (a “benefited Lender”) shall at any time receive any payment in
respect of any principal of or interest on all or part of the Loans made by it, or the
participations in Letter of Credit Obligations or Swingline Loans held by it, or receive any
collateral in respect thereof (whether voluntarily or involuntarily, by set-off, pursuant to events
or proceedings of the nature referred to in Section 11.5, or otherwise), in a greater proportion
than any such payment to or collateral received by any other Lender, if any, in respect of such
other Lender’s Loans or participations, such benefited Lender shall (a) notify the US
Administrative Agent or the Canadian Administrative Agent, as applicable, of such fact, and (b)
purchase for cash at face value from the other Lenders a participating interest in such portion of
each such other Lender’s Loans, or shall provide such other Lenders with the benefits of any such
collateral, or the proceeds thereof, as shall be necessary to cause such benefited Lender to share
the excess payment or benefits of such collateral or proceeds ratably in accordance with the
aggregate principal of and accrued interest on their respective Loans and other amounts owing them;
provided, however, that, (i) if all or any portion of such excess payment or
benefits is thereafter recovered from such benefited Lender, such purchase shall be rescinded, and
the purchase price and benefits returned, to the extent of such recovery, but without interest and
(ii) the provisions of this paragraph shall not be construed to apply to (A) any payment made by
Holdings, the Borrowers or any other Credit Party pursuant to and in accordance with the express
terms of this Agreement and the other Credit Documents, (B) any payment obtained by a Lender as
consideration for the assignment of or sale of a participation in any of its Loans, Commitments or
participations in Drawings or Swingline Loans to any assignee or participant or (C) any
disproportionate payment obtained by a Lender of any Class as a result of the extension by Lenders
of the maturity date or expiration date of some but not all Loans or Commitments of that Class or
any increase in the Applicable Margin in respect of Loans or Commitments of Lenders that have
consented to any such extension. Each Credit Party consents 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 such Credit Party rights of set-off and
counterclaim with respect to such participation as fully as if such Lender were a direct creditor
of such Credit Party in the amount of such participation.

(c) After the occurrence and during the continuance of an Event of Default, in addition to any
rights and remedies of the Lenders provided by law, each Lender shall have the right, without prior
notice to the Company, any such notice being expressly waived by the Company to the extent
permitted by applicable law, upon any amount becoming due and payable by the Borrowers hereunder
(whether at the stated maturity, by acceleration or otherwise) to set-off and appropriate and apply
against such amount any and all deposits (general or special, time or demand, provisional or
final), in any currency, and any other credits, indebtedness or claims, in any currency, in each
case whether direct or indirect, absolute or contingent, matured or unmatured, at any time held or
owing by such Lender or any branch or agency thereof to or for the credit or the account of the
Borrowers, as the case may be. Each Lender agrees promptly to notify the Company and the US
Administrative Agent or the Canadian Administrative Agent, as applicable, after any such set-off
and application made by such Lender; provided that the failure to give such notice shall
not affect the validity of such set-off and application.

13.9 Counterparts. This Agreement may be executed by one or more of the parties to this Agreement on any
number of separate counterparts (including by facsimile or other electronic transmission (i.e., a
“pdf” or “tif”)), and all of said counterparts taken together shall be deemed to
constitute one and the same instrument. A set of the copies of this Agreement signed by all the
parties shall be lodged with the Company and the US Administrative Agent.

13.10 Severability. Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction
shall, as to such jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions hereof, and any such prohibition or
unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in
any other jurisdiction.

 

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13.11 Integration. This Agreement and the other Credit Documents represent the agreement of Holdings, the
Borrowers, the US Administrative Agent, the Canadian Administrative Agent, the US Collateral Agent,
the Canadian Collateral Agent, the Co-Collateral Agent, the Swingline Lender, the Letter of Credit
Issuers and the Lenders with respect to the subject matter hereof, and there are no promises,
undertakings, representations or warranties by the US Collateral Agent, the Canadian Collateral
Agent, the US Administrative Agent, the Canadian Administrative Agent, the Co-Collateral Agent, the
Swingline Lender, the Letter of Credit Issuers or any Lender relative to subject matter hereof not
expressly set forth or referred to herein or in the other Credit Documents.

13.12 GOVERNING LAW. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED
BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

13.13 Submission to Jurisdiction; Waivers. Each party hereto hereby irrevocably and unconditionally:

(a) submits for itself and its property in any legal action or proceeding relating to
this Agreement and the other Credit Documents to which it is a party, or for recognition and
enforcement of any judgment in respect thereof, to the exclusive general jurisdiction of the
courts of the State of New York, the courts of the United States of America for the Southern
District of New York and appellate courts from any thereof;

(b) consents that any such action or proceeding shall be brought in such courts and
waives any objection that it may now or hereafter have to the venue of any such action or
proceeding in any such court or that such action or proceeding was brought in an
inconvenient court and agrees not to plead or claim the same;

(c) agrees that service of process in any such action or proceeding may be effected by
mailing a copy thereof by registered or certified mail (or any substantially similar form of
mail), postage prepaid, to the applicable party at its respective address set forth in
Section 13.2 or at such other address of which the US Administrative Agent shall have been
notified pursuant thereto;

(d) agrees that nothing herein shall affect the right to effect service of process in
any other manner permitted by law or shall limit the right to sue in any other jurisdiction;
and

(e) waives, to the maximum extent not prohibited by law, any right it may have to claim
or recover in any legal action or proceeding referred to in this Section 13.13 any special,
exemplary, punitive or consequential damages.

13.14 Acknowledgments. Each of Holdings and the Borrowers hereby acknowledge that:

(a) it has been advised by counsel in the negotiation, execution and delivery of this
Agreement and the other Credit Documents;

(b) neither the US Administrative Agent, the Canadian Administrative Agent, the US
Collateral Agent, the Canadian Collateral Agent, the Co-Collateral Agent, the Swingline
Lender, the Letter of Credit Issuers nor any Lender has any fiduciary relationship with or
duty to Holdings or the Borrowers arising out of or in connection with this Agreement or any
of the other Credit Documents, and the relationship between the US Administrative Agent, the
Canadian Administrative Agent, the US Collateral Agent, the Canadian Collateral Agent, the
Co-Collateral Agent, the Swingline Lender, the Letter of Credit Issuers and Lenders, on one
hand, and Holdings or the Borrowers, on the other hand, in connection herewith or therewith
is solely that of debtor and creditor; and

(c) no joint venture is created hereby or by the other Credit Documents or otherwise
exists by virtue of the transactions contemplated hereby among the Lenders or among
Holdings, the Borrowers and the Lenders.

13.15 WAIVERS OF JURY TRIAL. HOLDINGS, THE BORROWERS, THE US ADMINISTRATIVE AGENT, THE CANADIAN ADMINISTRATIVE AGENT,
THE US COLLATERAL AGENT, THE CANADIAN COLLATERAL AGENT, THE CO-COLLATERAL AGENT, THE SWINGLINE
LENDER, THE LETTER OF CREDIT ISSUERS AND THE LENDERS HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVE
TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER CREDIT
DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN.

 

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13.16 Confidentiality. Each Agent, the Lenders, the Joint Bookrunners, the Swingline Lender and the Letter of
Credit (the “Recipients”) Issuers agrees to maintain all Information (as defined below)
confidential and shall not publish, disclose or otherwise divulge, such Information;
provided that nothing herein shall prevent such Recipients from disclosing any Information
(a) pursuant to the order of any court or administrative agency or in any pending legal, judicial
or administrative proceeding, or otherwise as required by Applicable Law or compulsory legal
process based on the advice of counsel (in which case such Recipient agrees (except with respect to
any audit or examination conducted by bank accountants or any governmental bank regulatory
authority exercising examination or regulatory authority), to the extent practicable and not
prohibited by Applicable Law, to inform the Company promptly thereof), (b) upon the request or
demand of any regulatory authority (including self-regulatory authority, such as the National
Association of Insurance Commissioners) having jurisdiction over such Recipient or any of its
Affiliates (in which case such Recipient agrees, to the extent practicable and not prohibited by
Applicable Law, to inform the Company promptly thereof), (c) to the extent that such Information
becomes publicly available other than by reason of improper disclosure by such Recipient or any of
its Related Parties thereto in violation of any confidentiality obligations owing to the Company or
its Subsidiaries or Affiliates (including those set forth in this Section 13.16), (d) to the extent
that such Information is received by such Recipient from a third party that is not, to such
Recipient’s knowledge, subject to contractual or fiduciary confidentiality obligations owing to the
Company, or any of the Company’s Subsidiaries or Affiliates or any Related Parties thereto, (e) to
the extent that such Information is independently developed by such Recipient, (f) to such
Recipient’s Affiliates and to its and their respective employees, legal counsel, independent
auditors, professionals, rating agencies and other experts or agents who need to know such
Information in connection with the administration of the Credit Documents and who are informed of
the confidential nature of such Information and who are subject to customary confidentiality
obligations of professional practice or who agree to be bound by the terms of this Section 13.16
(or language substantially similar to this paragraph) (with each such Recipient responsible for
such Person’s compliance with this Section 13.16), (g) to potential or prospective Lenders,
contractual counterparties under Hedging Agreements to be entered into in connection with the
Loans, Transferees or pledges referred to in Section 13.6(d) or (h) for purposes of establishing a
“due diligence” defense; provided that (i) the disclosure of any such Information to any
Lenders, contractual counterparties under Hedging Agreements, Participants or assignees or
prospective Lenders contractual counterparties under Hedging Agreements to be entered into in
connection with the Loans, Transferees or pledges referred to in Section 13.6(d) referred to above
shall be made subject to the acknowledgment and acceptance by such Lender, counterparty, Transferee
or pledgee that such Information is being disseminated on a confidential basis (on substantially
the terms set forth in this paragraph or as is otherwise reasonably acceptable to the Company and
such Recipient in accordance with the standard syndication processes of such Recipient or customary
market standards for dissemination of such type of Information. For the purpose of this Section,
“Information” means all non-public information received from or on behalf of Holdings, the
Company or any of its Subsidiaries relating to the Company or any of its Subsidiaries or any of
their respective businesses.

13.17 Release of Collateral and Guarantee Obligations; Subordination of Liens.

(a) The Lenders hereby irrevocably agree that the Liens granted to the US Collateral Agent and
the Canadian Collateral Agent by the Credit Parties on any Collateral shall be automatically
released (i) in full, as set forth in clause (b) below, (ii) upon the Disposition of such
Collateral (including as part of or in connection with any other Disposition permitted hereunder)
to any Person other than the Company or any Subsidiary Guarantor, to the extent such Disposition is
made in compliance with the terms of this Agreement (and the US Collateral Agent and the Canadian
Collateral Agent may rely conclusively on a certificate to that effect provided to it by any Credit
Party upon its reasonable request without further inquiry), (iii) to the extent such Collateral is
comprised of property leased to a Credit Party, upon termination or expiration of such lease, (iv)
if the release of such Lien is approved, authorized or ratified in writing by the Required Lenders
(or such other percentage of the Lenders whose consent may be required in accordance with Section
13.1), (v) to the extent the property constituting such Collateral is owned by any Guarantor, upon
the release of such Guarantor from its obligations under the applicable Guarantee (in accordance
with the second succeeding sentence and Section 24 of the applicable Guarantee), (vi) as required
by the US Collateral Agent or the Canadian Collateral Agent to effect any Disposition of Collateral
in connection with any exercise of remedies of the US Collateral Agent and the Canadian Collateral
Agent pursuant to the Security Documents and (vii) with respect to any Collateral that is Capital
Stock, upon the dissolution or liquidation of the issuer of such Capital Stock that is not
prohibited by the Credit Documents. Any such release shall not in any manner discharge, affect, or
impair the Obligations or any Liens (other than those being released) upon (or obligations (other
than those being released) of the Credit Parties in respect of) all interests retained by the
Credit Parties, including the proceeds of any sale, all of which shall continue to constitute part
of the Collateral except to the extent otherwise released in accordance with the provisions of the
Credit Documents. Additionally, the Lenders hereby irrevocably agree that the Guarantors shall be
released from the Guarantees (and, if such Guarantors are also Borrowers, from their obligations
under this Agreement) upon consummation of any transaction permitted hereunder resulting in such
Subsidiary ceasing to constitute a Restricted Subsidiary or in the case of a Previous Holdings in
accordance with the conditions set forth in the definition of “Holdings”. The Lenders hereby
authorize the US Administrative Agent, the Canadian Administrative Agent, the US Collateral Agent
and the Canadian Collateral Agent, as applicable, to execute and deliver any instruments,
documents, and agreements necessary or desirable to evidence and confirm the release of any
Guarantor or Collateral pursuant to the foregoing provisions of this paragraph, all without the
further consent or joinder of any Lender. Any representation, warranty or covenant contained in
any Credit Document relating to any such Collateral or Guarantor shall no longer be deemed to be
repeated.

 

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(b) Notwithstanding anything to the contrary contained herein or any other Credit Document,
when all Obligations (other than (i) Cash Management Obligations in respect of any Secured Cash
Management Agreements, (ii) Hedging Obligations in respect of any Secured Hedging Agreements and
(iii) any contingent indemnification obligations not then due) have been paid in full, all
Commitments have terminated or expired and no Letter of Credit shall be outstanding that is not
Cash Collateralized, upon request of the Company, the US Administrative Agent, the Canadian
Administrative Agent, the US Collateral Agent and/or the Canadian Collateral Agent, as applicable,
shall (without notice to, or vote or consent of, any Secured Party) take such actions as shall be
required to release its security interest in all Collateral, and to release all obligations under
any Credit Document, whether or not on the date of such release there may be any (i) Cash
Management Obligations in respect of any Secured Cash Management Agreements, (ii) Hedging
Obligations in respect of any Secured Hedging Agreements and (iii) any contingent indemnification
obligations not then due. Any such release of Obligations shall be deemed subject to the provision
that such Obligations shall be reinstated if after such release any portion of any payment in
respect of the Obligations guaranteed thereby shall be rescinded or must otherwise be restored or
returned upon the insolvency, bankruptcy, dissolution, liquidation or reorganization of any
Borrower or any Guarantor, or upon or as a result of the appointment of a receiver, intervenor or
conservator of, or trustee or similar officer for, any Borrower or any Guarantor or any substantial
part of its property, or otherwise, all as though such payment had not been made.

(c) Notwithstanding anything to the contrary contained herein or in any other Credit Document,
upon request of the Company in connection with any Liens permitted by the Credit Documents, the US
Administrative Agent, the Canadian Administrative Agent, the US Collateral Agent and/or the
Canadian Collateral Agent, as applicable, shall (without notice to, or vote or consent of, any
Secured Party) take such actions as shall be required to subordinate the Lien on any Collateral to
any Lien permitted under Sections 10.2(c), (e) (solely to the extent if relates to clauses (c), (f)
and (q) of Section 10.2), (f), (g), (l), (o), (p), (q), (r), (t) and clause (d) of the definition
of “Permitted Liens.”

13.18 USA PATRIOT ACT. Each 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 “PATRIOT
ACT”), it is required to obtain, verify and record information that identifies the Borrowers,
which information includes the name and address of the Borrowers and other information that will
allow such Lender to identify the Borrowers in accordance with the PATRIOT ACT.

13.19 CURRENCY INDEMNITY. If, for the purposes of obtaining judgment in any court in any jurisdiction with respect to
this Agreement or any Credit Document, it becomes necessary to convert into a particular currency
(the “Judgment Currency”) any amount due under this Agreement or under any Credit Document
in any currency other than the Judgment Currency (the “Currency Due”), then conversion
shall be made at the rate of exchange prevailing on the Business Day before the day on which
judgment is given. For this purpose “rate of exchange” means the rate at which the US
Administrative Agent is able, on the relevant date, to purchase the Currency Due with the Judgment
Currency in accordance with its normal practices. In the event that there is a change in the rate
of exchange prevailing between the Business Day before the day on which the judgment is given and
the date of receipt by the US Administrative Agent of the amount due, Borrowers or Guarantor will,
on the date of receipt by the US Administrative Agent, pay such additional amounts, if any, or be
entitled to receive reimbursement of such amount, if any, as may be necessary to ensure that the
amount received by the US Administrative Agent on such date is the amount in the Judgment Currency
which when converted at the rate of exchange prevailing on the date of receipt by the US
Administrative Agent is the amount then due under this Agreement or such Credit Document in the
Currency Due. If the amount of the Currency Due which the Administrative Agent is so able to
purchase is less than the amount of the Currency Due originally due to it, each Borrower and
Guarantor shall indemnify and save the US Administrative Agent and the Lenders harmless from and
against all loss or damage arising as a result of such deficiency. This indemnity shall constitute
an obligation separate and independent from the other obligations contained in this Agreement and
the Credit Documents, shall give rise to a separate and independent cause of action, shall apply
irrespective of any indulgence granted by the US Administrative Agent from time to time and shall
continue in full force and effect notwithstanding any judgment or order for a liquidated sum in
respect of an amount due under this Agreement or any Credit Document or under any judgment or
order.

[SIGNATURE PAGES FOLLOW]

 

127

 

IN WITNESS WHEREOF, each of the parties hereto has caused a counterpart of this Agreement to
be duly executed and delivered as of the date first above written.

	 	 	 	 	 
	 	CAREY INTERMEDIATE HOLDINGS CORP., as Holdings

 	 
	 	By:  	/s/ Vicki Hardman
 	 
	 	 	Name:  	VICKI HARDMAN 	 
	 	 	Title:  	VICE PRESIDENT 	 

[Signature Page to Revolving Credit Agreement]

 

 

 

	 	 	 	 	 
	 	ASSOCIATED MATERIALS, LLC, as a US Borrower

 	 
	 	By:  	/s/ Vicki Hardman
 	 
	 	 	Name:  	VICKI HARDMAN 	 
	 	 	Title:  	VICE PRESIDENT 	 

[Signature Page to Revolving Credit Agreement]

 

 

 

	 	 	 	 	 
	 	GENTEK HOLDINGS, LLC, as a US Borrower

 	 
	 	By:  	/s/ Vicki Hardman
 	 
	 	 	Name:  	VICKI HARDMAN 	 
	 	 	Title:  	VICE PRESIDENT 	 

[Signature Page to Revolving Credit Agreement]

 

 

 

	 	 	 	 	 
	 	GENTEK BUILDING PRODUCTS, INC., as a US

Borrower

 	 
	 	By:  	/s/ Vicki Hardman
 	 
	 	 	Name:  	VICKI HARDMAN 	 
	 	 	Title:  	VICE PRESIDENT 	 

[Signature Page to Revolving Credit Agreement]

 

 

 

	 	 	 	 	 
	 	GENTEK CANADA HOLDINGS LIMITED, as a Canadian Borrower

 	 
	 	By:  	/s/ Vicki Hardman
 	 
	 	 	Name:  	VICKI HARDMAN 	 
	 	 	Title:  	VICE PRESIDENT 	 

[Signature Page to Revolving Credit Agreement]

 

 

 

	 	 	 	 	 
	 	GENTEK BUILDING PRODUCTS LIMITED
PARTNERSHIP, as a
Canadian Borrower

 	 
	 	By:  	/s/ Vicki Hardman
 	 
	 	 	Name:  	VICKI HARDMAN 	 
	 	 	Title:  	VICE PRESIDENT 	 

[Signature Page to Revolving Credit Agreement]

 

 

 

	 	 	 	 	 
	 	ASSOCIATED MATERIALS CANADA
LIMITED, as a Canadian
Borrower

 	 
	 	By:  	/s/ David S. Brown
 	 
	 	 	Name:  	David S. Brown 	 
	 	 	Title:  	President, Secretary 	 

[Signature Page to Revolving Credit Agreement]

 

 

 

	 	 	 	 	 
	 	CAREY NEW FINANCE, INC., as a US Guarantor

 	 
	 	By:  	/s/ Vicki Hardman
 	 
	 	 	Name:  	Vicki Hardman 	 
	 	 	Title:  	Vice President 	 

[Signature Page to Revolving Credit Agreement]

 

 

 

	 	 	 	 	 
	 	UBS AG, STAMFORD BRANCH,

as US Administrative Agent, a US Letter of Credit Issuer
and US Collateral Agent

 	 
	 	By:  	/s/ Mary E. Evans
 	 
	 	 	Name:  	Mary E. Evans 	 
	 	 	Title:  	Associate Director Banking Products Services. US 	 
	 	 	 
	 	By:  	/s/ Irja R. Otsa
 	 
	 	 	Name:  	Irja R. Otsa 	 
	 	 	Title:  	Associate Director Banking Products Services. US 	 

[Revolving Credit Agreement]

 

 

 

	 	 	 	 	 
	 	UBS AG CANADA BRANCH,

as Canadian Administrative Agent and Canadian Collateral Agent

 	 
	 	By:  	/s/ Mary E. Evans
 	 
	 	 	Name:  	Mary E. Evans 	 
	 	 	Title:  	Associate Director Banking Products
Services. US 	 
	 	 	 
	 	By:  	              /s/ Irja R. Otsa
 	 
	 	 	Name:  	Irja R. Otsa 	 
	 	 	Title:  	Associate Director Banking Products
Services. US 	 

[Revolving Credit Agreement]

 

 

 

	 	 	 	 	 
	 	WELLS FARGO CAPITAL FINANCE, LLC,

as Co-Collateral Agent and a Lender

 	 
	 	By:  	/s/ Victor Barwig
 	 
	 	 	Name:  	Victor Barwig 	 
	 	 	Title:  	Sr VP 	 

[Revolving Credit Agreement]

 

 

 

	 	 	 	 	 
	 	WELLS FARGO BANK, NATIONAL ASSOCIATION,

as a US Letter of Credit Issuer and a Canadian Letter of Credit Issuer

 	 
	 	By:  	/s/ Victor Barwig
 	 
	 	 	Name:  	Victor Barwig 	 
	 	 	Title:  	VP 	 

[Revolving Credit Agreement]

 

 

 

	 	 	 	 	 
	 	WELLS FARGO FINANCIAL CORPORATION CANADA, as a Lender

 	 
	 	By:  	/s/ Lisa M. Gonzales
 	 
	 	 	Name:  	LISA M. GONZALES 	 
	 	 	Title:  	VICE PRESIDENT 	 

[Revolving Credit Agreement]

 

 

 

	 	 	 	 	 
	 	UBS LOAN FINANCE, LLC,

as Swingline Lender and a Lender

 	 
	 	By:  	/s/ Mary E. Evans
 	 
	 	 	Name:  	Mary E. Evans 	 
	 	 	Title:  	Associate Director Banking Products
Services. US 	 
	 	 	 
	 	By:  	              /s/ Irja R. Otsa
 	 
	 	 	Name:  	Irja R. Otsa 	 
	 	 	Title:  	Associate Director Banking Products
Services. US 	 

[Revolving Credit Agreement]

 

 

 

	 	 	 	 	 
	 	DEUTSCHE BANK AG NEW YORK BRANCH,

as a US Letter of Credit Issuer and a Lender

 	 
	 	By:  	/s/ Omayra Laucella
 	 
	 	 	Name:  	Omayra Laucella 	 
	 	 	Title:  	Vice President 	 
	 	 	 
	 	By:  	                         /s/ Paul O’Leary
 	 
	 	 	Name:  	Paul O’Leary 	 
	 	 	Title:  	Director 	 

[Revolving Credit Agreement]

 

 

 

	 	 	 	 	 
	 	DEUTSCHE BANK AG CANADA BRANCH,

as a Canadian Letter of Credit Issuer and a Lender

 	 
	 	By:  	/s/ David Gynn
 	 
	 	 	Name:  	David Gynn 	 
	 	 	Title:  	Chief Financial Officer 	 
	 	 	 
	 	By:  	                  /s/ Marcellus Leung
 	 
	 	 	Name:  	Marcellus Leung 	 
	 	 	Title:  	Assistant Vice President 	 

[Revolving Credit Agreement]

 

 

 

Schedules to the

Revolving Credit Agreement

 

 

 

Schedule 1.1(a)

Commitments and Addresses of Lenders

Canadian Revolving Credit Commitments

	 	 	 	 	 	 	 
	 	 	 	 	Revolving	 
	 	 	 	 	Credit	 
	Lender	 	Address	 	Commitment	 
	UBS Loan Finance LLC
	 	c/o UBS AG, Stamford Branch	 	$	25,000,000	 
	 
	 	677 Washington Boulevard	 	 	 	 
	 
	 	Stamford, Connecticut 06901	 	 	 	 
	 
	 	 	 	 	 	 
	Deutsche Bank AG
	 	Deutsche Bank AG, Canada Branch	 	$	25,000,000	 
	Canada Branch
	 	199 Bay Street, Suite 4700	 	 	 	 
	 
	 	M5L 1E9 Toronto, Canada	 	 	 	 
	 
	 	 	 	 	 	 
	Wells Fargo Financial
	 	1100 Abernarthy Road, Suite 1600	 	$	25,000,000	 
	Corporation Canada
	 	Atlanta Georgia, 30328	 	 	 	 
	 
	 	 	 	 	 
	 
	 	TOTAL	 	$	75,000,000.00	 

US Revolving Credit Commitments

	 	 	 	 	 	 	 
	 	 	 	 	Revolving	 
	 	 	 	 	Credit	 
	Lender	 	Address	 	Commitment	 
	UBS Loan Finance LLC
	 	c/o UBS AG, Stamford Branch	 	$	50,000,000	 
	 
	 	677 Washington Boulevard	 	 	 	 
	 
	 	Stamford, Connecticut 06901	 	 	 	 
	 
	 	 	 	 	 	 
	Deutsche Bank AG New
	 	60 Wall Street	 	$	50,000,000	 
	York Branch
	 	New York, New York 10005	 	 	 	 
	 
	 	 	 	 	 	 
	Wells Fargo Capital Finance, LLC
	 	1100 Abernarthy Road, Suite 1600	 	$	50,000,000	 
	 
	 	Atlanta Georgia, 30328	 	 	 	 
	 
	 	 	 	 	 
	 
	 	TOTAL	 	$	150,000,000.00	 

 

- 2 -

 

Schedule 1.1(b)

Mortgaged Property

	 	 	 	 	 	 	 
	Street Address	 	County	 	State	 	Record Owner
	 
	 	 	 	 	 	 
	4200 Knighthurst Road
	 	Ennis	 	Texas	 	Associated Materials, LLC
	 
	 	 	 	 	 	 
	6320 Colonel Talbot Road
	 	London	 	Ontario	 	Associated Materials Canada Limited
	 
	 	 	 	 	 	 
	2501 Trans Canada Highway
	 	Pointe Claire	 	Quebec	 	Associated Materials Canada Limited
	 
	 	 	 	 	 	 
	1001 Corporate Drive
	 	Burlington	 	Ontario	 	Associated Materials Canada Limited

 

- 3 -

 

Schedule 1.1(c)

Existing Letters of Credit

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Letter of Credit	 	 	 	 
	Issuance Bank	 	Beneficiary	 	Applicant	 	Number	 	Expiration Date	 	Amount
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	US Letters of Credit	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Wells Fargo Bank,
National
Association,
successor by merger
to Wachovia Bank,
National
Association

	 	Liberty Mutual

Insurance Company
	 	Gentek Building

Products Limited
	 	SM235195W
	 	June 21, 2011

(deemed
automatically
extended annually
unless 60 days
prior written
notice provided to
Beneficiary)
	 	$	30,614.00
	Wells Fargo Bank,
National
Association,
successor by merger
to Wachovia Bank,
National
Association

	 	Lumbermans Mutual

Casualty Company

and/or American

Motorists Insurance

Company and/or

American

Manufacturers

Mutual Insurance

Company
	 	Associated

Materials LLC
	 	SM235196W
	 	June 30, 2011

(deemed
automatically
extended annually
unless 60 days
prior written
notice provided to
Beneficiary)
	 	$	125,000.00
	Wells Fargo Bank,
National
Association,
successor by merger
to Wachovia Bank,
National
Association

	 	Argonaut Insurance

Company
	 	Associated

Materials LLC
	 	SM235197W
	 	June 30, 2011

(deemed
automatically
extended annually
unless 60 days
prior written
notice provided to
Beneficiary)
	 	$	375,000.00
	Wells Fargo Bank,
National
Association,
successor by merger
to Wachovia Bank,
National
Association

	 	11 Cragwood

Associates, LLC
	 	Associated
Materials LLC 

Gentek Building
Products Inc.
	 	SM235198W
	 	June 30, 2011

(deemed
automatically
extended annually
unless 60 days
prior written
notice provided to
Beneficiary)
	 	$	100,000.00
	Wells Fargo Bank,
National
Association,
successor by merger
to Wachovia Bank,
National
Association

	 	Western Surety

Company
	 	Associated

Materials LLC
	 	SM235154W
	 	June 30, 2011

(deemed
automatically
extended unless 60
days prior written
notice provided to
Beneficiary)
	 	$	425,000.00

 

- 4 -

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Letter of Credit	 	 	 	 
	Issuance Bank	 	Beneficiary	 	Applicant	 	Number	 	Expiration Date	 	Amount
	Wells Fargo Bank,
National
Association,
successor by merger
to Wachovia Bank,
National
Association

	 	XL Specialty

Insurance Company

and/or Greenwich

Insurance Company
	 	Associated

Materials LLC
	 	SM233894W
	 	January 21, 2011

(deemed
automatically
extended annually
unless 60 days
prior written
notice provided to
Beneficiary)
	 	$	5,561,000.00
	Wells Fargo Bank,
National
Association,
successor by merger
to Wachovia Bank,
National
Association

	 	D.L. Peterson Trust
and PHH Vehicle
Management
Services, LLC
	 	Associated

Materials LLC
	 	SM236214W
	 	December 4, 2010

(deemed
automatically
extended annually
unless 90 days
prior written
notice provided to
Beneficiary)
	 	$	810,000.00
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	TOTAL:

	 	 	 	 	 	 	 	 	 	$	7,426,614.00
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Canadian Letters of Credit in Canadian Dollars	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Wells Fargo Bank,
National
Association,
successor by merger
to Wachovia Bank,
National
Association

	 	PHH Vehicle
Management Services
Inc.
	 	Gentek Building

Products Limited

Partnership
	 	SM236216W
	 	December 4, 2010

(deemed
automatically
extended annually
unless 90 days
prior written
notice provided to
Beneficiary)
	 	CAD
$150,000.00

	Wells Fargo Bank,
National
Association,
successor by merger
to Wachovia Bank,
National
Association

	 	US Bank National

Association ND
	 	Gentek Building

Products Limited

Partnership
	 	SM234472W
	 	April 8, 2011
	 	CAD $200,000.00

	 
	 	 	 	 	 	 	 	 	 	 	 	 
	TOTAL:

	 	 	 	 	 	 	 	 	 	CAD $350,000.00

 

- 5 -

 

Schedule 6.4(d)

Indebtedness to be refinanced on the Closing Date

None

 

- 6 -

 

Schedule 8.12

Subsidiaries

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Name	 	Jurisdiction	 	Corporate Ownership	 	Guarantor	 	Restricted	 	Unrestricted	 	Specified	 	Immaterial
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Domestic Subsidiaries
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Associated Materials, LLC
	 	Delaware	 	Carey Intermediate Holdings Corp.	 	Y	 	—	 	—	 	—	 	—
	 
	 	 	 	
(100%)	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Carey New Finance, Inc
	 	Delaware	 	Associated Materials, LLC	 	Y	 	Y	 	N	 	N	 	N
	 
	 	 	 	
(100%)	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Associated Materials Finance, Inc.
	 	Delaware	 	Associated Materials, LLC	 	N	 	Y	 	N	 	N	 	Y
	 
	 	 	 	
(100%)	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Gentek Holdings, LLC
	 	Delaware	 	Associated Materials, LLC	 	Y	 	Y	 	N	 	Y	 	N
	 
	 	 	 	
(100%)	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Gentek Building Products, Inc.
	 	Delaware	 	Gentek Holdings, LLC	 	Y	 	Y	 	N	 	Y	 	N
	 
	 	 	 	
(100%)	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Canadian Subsidiaries
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Associated Materials Canada Limited
	 	Ontario	 	Gentek Building Products, Inc.	 	Y	 	Y	 	N	 	Y	 	N
	 
	 	 	 	
(100%)	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 

 

- 7 -

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Name	 	Jurisdiction	 	Corporate Ownership	 	Guarantor	 	Restricted	 	Unrestricted	 	Specified	 	Immaterial
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Gentek Canada Holdings Limited
	 	Ontario	 	Gentek Building Products, Inc.	 	Y	 	Y	 	N	 	N	 	N
	 
	 	 	 	
(100%)	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Gentek Building Products Limited Partnership
	 	Ontario	 	Gentek Canada 
Holdings Limited
 (0.1%)	 	Y	 	Y	 	N	 	Y	 	N
	 
	 	 	 	
Associated Materials 
Canada Limtied 
(99.9%)	 	 	 	 	 	 	 	 	 	 

 

- 8 -

 

Schedule 8.15

Owned Real Property

	 	 	 	 	 	 	 
	Street Address	 	County	 	State/Province	 	Record Owner
	 
	 	 	 	 	 	 
	3773 State Road

	 	Cuyahoga Falls
	 	OH
	 	Associated Materials, LLC
	 
	 	 	 	 	 	 
	265 Congress Street

	 	West Salem
	 	OH
	 	Associated Materials, LLC
	 
	 	 	 	 	 	 
	4200 Knighthurst Road

	 	Ennis
	 	TX
	 	Associated Materials, LLC
	 
	 	 	 	 	 	 
	7550 East 30th Street

	 	Yuma
	 	AZ
	 	Associated Materials, LLC
	 
	 	 	 	 	 	 
	880 Moe Drive

	 	Akron
	 	OH
	 	Associated Materials, LLC
	 
	 	 	 	 	 	 
	6320 Colonel Talbot Road

	 	London
	 	Ontario
	 	Associated Materials
Canada Limited
	 
	 	 	 	 	 	 
	2501 Trans Canada Highway

	 	Pointe Claire
	 	Quebec
	 	Associated Materials
Canada Limited
	 
	 	 	 	 	 	 
	1001 Corporate Drive

	 	Burlington
	 	Ontario
	 	Associated Materials
Canada Limited

 

- 9 -

 

Schedule 9.17

Post-Closing Covenant

1. Within five (5) business days after the Closing Date; provided that such five (5)
business day period may be extended by the US Collateral Agent in its reasonable discretion, the
Notes Collateral Agent shall have received all certificates, if any, representing all Capital Stock
of the Company and all Capital Stock of each Subsidiary of the Company directly owned by the
Borrowers or any Subsidiary Guarantor, in each case as of the Closing Date, pledged under the US
Pledge Agreement, accompanied by instruments of transfer and undated stock powers endorsed in blank
(except that no delivery of certificates, instruments of transfer or stock powers shall be required
with respect to the pledge of any Capital Stock of any Foreign Subsidiary, other than a Canadian
Subsidiary) and the Canadian Collateral Agent shall have received (a) all certificates representing
such securities pledged under the Canadian Pledge Agreement and under the Ontario law governed
pledge agreement granted by Gentek Building Products, Inc. in favour of the US Collateral Agent,
accompanied by instruments of transfer and updated stock powers endorsed in blank and (b) a
“perfection by control” opinion from Osler, Hoskin & Harcourt LLP, in form and substance
satisfactory to the Canadian Collateral Agent, in respect of any such securities pledged under the
Canadian Pledge Agreement and under the Ontario law governed pledge agreement granted by Gentek
Building Products, Inc. in favour of the US Collateral Agent and delivered in the Province of
Ontario.

2. Within ninety (90) days after the Closing Date; provided that such ninety (90) day
period may be extended by the US Collateral Agent in its reasonable discretion, the US Collateral
Agent shall have received each of the following documents, with respect to the Mortgaged Property
located in the United States which shall be reasonably satisfactory in form and substance to the US
Collateral Agent:

(1) Flood Hazard Determinations and Insurance. A) a completed Flood
Certificate with respect to each Mortgaged Property, which Flood Certificate
shall (i) be addressed to the US Collateral Agent, (ii) be completed by a
company which has guaranteed the accuracy of the information contained
therein, (iii) otherwise comply with the Flood Program; and (iv) identify
whether the community in which each Mortgaged Property is located
participates in the Flood Program; (C) if any Flood Certificate states that
a Mortgaged Property is located in a Flood Zone, the Borrower’s written
acknowledgement of receipt of written notification from the Collateral Agent
(i) as to the existence of each such Mortgaged Property is located in a
Flood Zone, and (ii) as to whether the community in which each such
Mortgaged Property is located is participating in the Flood Program; and (D)
if any Mortgaged Property is located in a Flood Zone and is located in a
community that participates in the Flood Program, evidence that the Borrower
has obtained a policy of flood insurance that (i) covers any Mortgaged
Property that is located in a Flood Zone, (ii) is written in an amount
required under the Flood Program, and (iii) has a term ending not later than
the sixth anniversary of the Closing Date;

 

- 10 -

 

(2) Mortgages. Fully executed counterparts of Mortgages which
Mortgages shall cover each Mortgaged Property, together with evidence that
counterparts of all the Mortgages have been delivered to the Title Company
(as hereinafter defined) for recording in all places to the extent necessary
or, in the reasonable opinion of the US Collateral Agent, desirable to
effectively create a valid and enforceable second priority mortgage lien on
each Mortgaged Property in favor of the US Collateral Agent for its benefit
and the benefit of the Secured Parties, securing the Obligations, subject to
the Permitted Liens;

(3) Counsel Opinions. An opinion of counsel (which counsel shall be
reasonably satisfactory to the US Collateral Agent) in each state in which a
Mortgaged Property is located with respect to the due authorization,
execution, delivery and enforceability of the Mortgages to be recorded in
such state and such other matters as the US Collateral Agent may reasonably
request;

(4) Title Insurance. With respect to each Mortgage encumbering any
Mortgaged Property, an ALTA mortgagee policy of title insurance (or
commitment to issue such a policy having the effect of a policy of title
insurance) insuring (or committing to insure) the lien of such Mortgage as
a valid and enforceable second priority mortgage or deed of trust lien on
the Mortgaged Property described therein, in an amount not more than 100% of
the fair market value of such Mortgaged Property as reasonably determined,
in good faith, by the Borrowers and reasonably acceptable to the US
Collateral Agent, (such policies collectively, the “Mortgage
Policies”) issued by issued by one or more title companies (the
“Title Company”) reasonably satisfactory to the US Collateral Agent,
which reasonably assures the US Collateral Agent that the Mortgages on such
Mortgaged Properties are valid and enforceable mortgage liens on the
respective Mortgaged Properties, free and clear of all defects and
encumbrances except Permitted Liens and liens with junior priority and such
Mortgage Policies shall otherwise be in form and substance reasonably
satisfactory to the US Collateral Agent and shall include such title
endorsements as the US Collateral Agent shall reasonably request, to the
extent available at commercially reasonably rates (excluding endorsements or
coverage related to creditors’ rights);

(5) Survey. The Borrowers and the appropriate Guarantors shall deliver
to the Title Company any and all surveys or same as survey affidavits as may
be reasonably necessary to cause the Title Company to issue the title
insurance required pursuant to clause (iv) above;

(6) Fixture filings. Proper fixture filings under the Uniform
Commercial Code on Form UCC-1 for filing under the Uniform Commercial Code
in the appropriate jurisdiction in which the Mortgaged Properties are
located, desirable to perfect the security interests in fixtures
purported to be created by the Mortgages in favor of the US Collateral
Agent for its benefit and the benefit of the Secured Parties;

 

- 11 -

 

(7) Mortgaged Property Indemnification. With respect to each Mortgaged
Property, such affidavits and indemnifications (including a so-called “gap”
indemnification) as are customarily required to induce the Title Company to
issue the Mortgage Policy/ies and endorsements contemplated above,
provided in no event shall such affidavits and indemnifications
increase the obligations and liabilities of the Borrowers and the Guarantors
hereunder; and

(8) Collateral Fees and Expenses. Evidence reasonably acceptable to
the US Collateral Agent of payment by the Borrowers of all Mortgage Policy
premiums, search and examination charges, mortgage recording taxes, fees,
charges, costs and expenses required for the recording of the Mortgages,
fixture filings and issuance of the Mortgage Policies referred to above.

3. Within thirty (30) business days after the Closing Date; provided that such (30)
day period may be extended by the Canadian Collateral Agent in its reasonable discretion,
commercially reasonable efforts to obtain PPSA Estoppels for:

	 	(a)	 	PHH Vehicle Management Services Inc.
	 
	 	(b)	 	BML Leasing Limited
	 
	 	(c)	 	Xerox Canada Ltd.
	 
	 	(d)	 	GE Capital Vehicle and Equipment Leasing Inc.
	 
	 	(e)	 	Liftcapital Corporation

4. Within thirty (30) business days after the Closing Date; provided that such (30)
day period may be extended by the Canadian Collateral Agent in its reasonable discretion, make
commercially reasonable efforts to provide evidence of discharge of Liftcapital Corporation PPSA
regns not covered by estoppels in 3(e) above.

5. Within thirty (30) business days after the Closing Date; provided that such (30)
day period may be extended by the Canadian Collateral Agent in its reasonable discretion, make
commercially reasonable efforts to provide evidence of discharge of NB PPSA regn #18921239 filed
against Gentek Building Products Limited in favour of James Duffy.

6. Within thirty (90) business days after the Closing Date; provided that such (30)
day period may be extended by the Canadian Collateral Agent in its reasonable discretion, make
commercially reasonable efforts to provide evidence of discharge of CIPO regns filed in favour of
Bank of Nova Scotia.

 

- 12 -

 

7. Within thirty (90) business days after the Closing Date; provided that such (30)
day period may be extended by the Canadian Collateral Agent in its reasonable discretion, make
commercially reasonable efforts to provide evidence of discharge of CIPO regns filed in favour of
Deutsche Bank Trust Company Americas as Collateral Agent

Defined Terms:

“Flood Certificate” means a life of loan “Standard Flood Hazard Determination Form” of
the Federal Emergency Management Agency and any successor Governmental Authority performing a
similar function.

“Flood Program” means the National Flood Insurance Program created by the U.S.
Congress pursuant to the National Flood Insurance Act of 1968, the Flood Disaster Protection Act of
1973, the National Flood Insurance Reform Act of 1994 and the Flood Insurance Reform Act of 2004,
in each case as amended from time to time, and any successor statutes.

“Flood Zone” means areas having special flood hazards as described in the National
Flood Insurance Act of 1968, as amended from time to time, and any successor statute.

 

- 13 -

 

Schedule 10.1

Closing Date Indebtedness

	1.	 	See Schedule 1.1(c) for a list of Existing Letters of Credit

 

- 14 -

 

Schedule 10.2

Liens

See Attached

 

- 15 -

 

Schedule 10.4

Dispositions

	1.	 	Lease Agreement dated December 27, 2004 by and between Associated Materials Incorporated, as
landlord, and Ryan Knighthurst Operations, L.P., as tenant, as amended.

 

- 16 -

 

Schedule 10.5

Investments

None

 

- 17 -

 

Schedule 10.9

Negative Pledge Clauses

None

 

- 18 -

 

Schedule 10.12

Transactions with Affiliates

	1.	 	Stockholders Agreement, dated as of October 13, 2010, by and among Carey Investment
Holdings Corp., Carey Intermediate Holdings Corp., Associated Materials, LLC, Hellman &
Friedman Capital Partners VI, L.P., Hellman & Friedman Capital Partners VI (Parallel),
L.P., Hellman & Friedman Capital Executives VI, L.P., Hellman & Friedman Capital Associates
VI, L.P., and the stockholders signatory thereto.
	 
	2.	 	Subscription Agreement, dated as of October 13, 2010, by and among Carey Investment
Holdings Corp., Carey Intermediate Holdings Corp., Carey Acquisition Corp., Hellman &
Friedman Capital Partners VI, L.P., Hellman & Friedman Capital Partners VI (Parallel),
L.P., Hellman & Friedman Capital Executives VI, L.P., and Hellman & Friedman Capital
Associates VI, L.P.
	 
	3.	 	Agreement and Plan of Merger, dated as of October 13, 2010, between Associated
Materials Holdings, LLC and AMH Holdings, LLC.
	 
	4.	 	Agreement and Plan of Merger, dated as of October 13, 2010, between AMH Holdings, LLC
and AMH Holdings II, Inc.
	 
	5.	 	Agreement and Plan of Merger, dated as of October 13, 2010, between AMH Holdings II,
Inc. and Associated Materials, LLC.

 

- 19 -

 

Schedule 13.2

Addresses for Notices

To the Company:

Associated Materials, LLC

3773 State Road

Cuyahoga Falls, Ohio 44223

Attention: Mike Griffith, Director of Treasury Services

To Holdings:

Carey Intermediate Holdings Corp.

3773 State Road

Cuyahoga Falls, Ohio 44223

Attention: Stephen Graham, Vice President — Chief Financial Officer, Treasurer and Secretary

To the U.S. Administrative Agent:

UBS AG, Stamford Branch

677 Washington Boulevard

Stamford, Connecticut 06901

Attention: Marouan Grissa

To Canadian Administrative Agent:

UBS AG Canada Branch

c/o UBS AG, Stamford Branch

677 Washington Boulevard

Stamford, Connecticut 06901

Attention: Marouan Grissa

To the U.S. Collateral Agent:

UBS AG, Stamford Branch

677 Washington Boulevard

Stamford, Connecticut 06901

Attention: Marouan Grissa

To the Canadian Collateral Agent:

UBS AG Canada Branch

c/o UBS AG, Stamford Branch

677 Washington Boulevard

Stamford, Connecticut 06901

Attention: Marouan Grissa

 

- 20 -

 

To the Co-Collateral Agent:

Wells Fargo Capital Finance, LLC

1100 Abernarthy Road, Suite 1600

Atlanta, Georgia 30328

Attention: Loan Portfolio Manager

To the Swingline Lender:

UBS Loan Finance LLC

c/o UBS AG, Stamford Branch

677 Washington Boulevard

Stamford, Connecticut 06901

Attention: Marouan Grissa

To the Letter of Credit Issuers:

UBS AG, Stamford Branch

677 Washington Boulevard

Stamford, Connecticut 06901

Attention: Marouan Grissa

Wells Fargo Capital Finance, LLC

1100 Abernarthy Road, Suite 1600

Atlanta, Georgia 30328

Attention: Loan Portfolio Manager

Deutsche Bank AG New York Branch

60 Wall Street

New York, New York 10005

Attention: Omayra Laucella, Vice President

Deutsche Bank AG Canada Branch

199 Bay Street, Suite 4700

M5L 1E9 Toronto, Canada

Attention: Marcellus Leung, Assistant Vice President

 

- 21 -

 

Attachment to Schedule 10(a)

ASSOCIATED MATERIALS, LLC D/B/A ALSIDE

U.S. Trademark Registrations & Applications

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Mark	 	Current Owner	 	Serial No.	 	 	Filing Date	 	 	Reg. No.	 	 	Reg. Date	 
	ALSIDE
	 	Associated Materials, LLC	 	 	73/484,883	 	 	 	6/13/1984	 	 	 	1,361,396	 	 	 	9/24/1985	 
	ALSIDE
	 	Associated Materials, LLC	 	 	73/484,991	 	 	 	6/13/1984	 	 	 	1,374,768	 	 	 	12/10/1985	 
	ALSIDE — YOUR FRIEND IN THE BUSINESS
	 	Associated Materials, LLC	 	 	78/382,430	 	 	 	3/11/2004	 	 	 	3,124,384	 	 	 	8/1/2006	 
	ALSIDE (stylized)
	 	Associated Materials, LLC	 	 	73/484,956	 	 	 	6/13/1984	 	 	 	1,362,890	 	 	 	10/1/1985	 
	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	ALSIDE (stylized)
	 	Associated Materials, LLC	 	 	73/459,005	 	 	 	12/29/1983	 	 	 	1,326,987	 	 	 	3/26/1985	 
	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	ALSIDE (stylized)
	 	Associated Materials, LLC	 	 	73/484,971	 	 	 	6/13/1984	 	 	 	1,366,665	 	 	 	10/22/1985	 
	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	AMHERST
	 	Associated Materials, LLC	 	 	78/326,261	 	 	 	11/11/2003	 	 	 	2,982,062	 	 	 	8/2/2005	 
	ARCHITECTURAL CLASSICS
	 	Associated Materials, LLC	 	 	78/378,657	 	 	 	3/4/2004	 	 	 	2,959,666	 	 	 	6/7/2005	 
	ARCHITECTURAL SCALLOPS
	 	Associated Materials, LLC	 	 	78/122,394	 	 	 	4/17/2002	 	 	 	2,769,198	 	 	 	9/30/2003	 
	BARRIER XP
	 	Associated Materials, LLC	 	 	78/342,765	 	 	 	12/18/2003	 	 	 	3,036,616	 	 	 	12/27/2005	 
	BECAUSE LIFE IS FOR LIVING
	 	Associated Materials, LLC	 	 	78/306,666	 	 	 	9/29/2003	 	 	 	2,929,845	 	 	 	3/1/2005	 

 

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Mark	 	Current Owner	 	Serial No.	 	 	Filing Date	 	 	Reg. No.	 	 	Reg. Date	 
	BOARD & BATTEN
	 	Associated Materials, LLC	 	 	78/180,101	 	 	 	10/30/2002	 	 	 	2,808,598	 	 	 	1/27/2004	 
	BRADENTON PREMIERE
	 	Associated Materials, LLC	 	 	77/771,432	 	 	 	6/30/2009	 	 	 	 	 	 	 	 	 
	BRIAR-CUT 2000
	 	Associated Materials, LLC	 	 	73/484,170	 	 	 	6/8/1984	 	 	 	1,362,889	 	 	 	10/1/1985	 
	BROOKWOOD
	 	Associated Materials, LLC	 	 	78/849,340	 	 	 	3/29/2006	 	 	 	3,541,971	 	 	 	12/2/2008	 
	CENTERLOCK
	 	Associated Materials, LLC	 	 	78/138,973	 	 	 	6/26/2002	 	 	 	2,741,918	 	 	 	7/29/2003	 
	CENTERLOCK ENERGY CHOICE
	 	Associated Materials, LLC	 	 	78/855,572	 	 	 	4/6/2006	 	 	 	3,244,340	 	 	 	5/22/2007	 
	CENTURION
	 	Associated Materials, LLC	 	 	78/784,923	 	 	 	1/4/2006	 	 	 	3,244,126	 	 	 	5/22/2007	 
	CHARTER OAK
	 	Associated Materials, LLC	 	 	78/127,536	 	 	 	5/9/2002	 	 	 	2,764,215	 	 	 	9/16/2003	 
	CHARTER OAK ENERGY ELITE
	 	Associated Materials, LLC	 	 	78/370,408	 	 	 	2/19/2004	 	 	 	2,999,175	 	 	 	9/20/2005	 
	CHROMATRUE
	 	Associated Materials, LLC	 	 	77/616,746	 	 	 	11/18/2008	 	 	 	3,755,833	 	 	 	3/2/2010	 
	CLIMASHIELD
	 	Associated Materials, LLC	 	 	76/261,919	 	 	 	5/25/2005	 	 	 	2,696,468	 	 	 	3/11/2003	 
	CLIMATECH
	 	Associated Materials, LLC	 	 	75/731,557	 	 	 	6/16/1999	 	 	 	2,420,765	 	 	 	1/16/2001	 
	COLORCONNECT
	 	Associated Materials, LLC	 	 	78/111,492	 	 	 	2/27/2002	 	 	 	2,775,465	 	 	 	10/21/2003	 
	CONQUEST
	 	Associated Materials, LLC	 	 	75/171,036	 	 	 	9/24/1996	 	 	 	2,126,899	 	 	 	1/6/1998	 
	COVENTRY BY ALSIDE
	 	Associated Materials, LLC	 	 	77/342,506	 	 	 	12/3/2007	 	 	 	3,577,573	 	 	 	2/17/2009	 
	CYPRESS CREEK
	 	Associated Materials, LLC	 	 	77/035,114	 	 	 	11/2/2006	 	 	 	3,540,750	 	 	 	12/2/2008	 

 

Page 2 of 19

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Mark	 	Current Owner	 	Serial No.	 	 	Filing Date	 	 	Reg. No.	 	 	Reg. Date	 
	ENERGYINTEL
	 	Associated Materials, LLC	 	 	77/962,486	 	 	 	3/18/2010	 	 	 	 	 	 	 	 	 
	ENERGYMAXX
	 	Associated Materials, LLC	 	 	78/308,550	 	 	 	10/2/2003	 	 	 	2,958,504	 	 	 	5/31/2005	 
	ETERNA DECK
	 	Associated Materials, LLC	 	 	78/130,856	 	 	 	5/23/2002	 	 	 	2,875,556	 	 	 	8/17/2004	 
	ETERNAFENCE
	 	Associated Materials, LLC	 	 	78/263,726	 	 	 	6/18/2003	 	 	 	3,060,897	 	 	 	2/21/2006	 
	ETERNAWELD
	 	Associated Materials, LLC	 	 	78/453,460	 	 	 	7/20/2004	 	 	 	3,133,969	 	 	 	8/22/2006	 
	EVERRAIL
	 	Associated Materials, LLC	 	 	78/593,059	 	 	 	3/23/2005	 	 	 	3,129,028	 	 	 	8/15/2006	 
	EXCALIBUR
	 	Associated Materials, LLC	 	 	75/326,044	 	 	 	7/17/1997	 	 	 	2,189,267	 	 	 	9/15/1998	 
	EXCELLENCE SERIES 62
	 	Associated Materials, LLC	 	 	77/829,107	 	 	 	9/17/2009	 	 	 	 	 	 	 	 	 
	EXTERIOR ACCENTS
	 	Associated Materials, LLC	 	 	78/482,503	 	 	 	9/13/2004	 	 	 	3,003,107	 	 	 	9/27/2005	 
	FAIRHAVEN SOUND
	 	Associated Materials, LLC	 	 	78/482,510	 	 	 	9/13/2004	 	 	 	3,136,821	 	 	 	8/29/2006	 
	FIRST IMPRESSIONS
	 	Associated Materials, LLC	 	 	78/957,791	 	 	 	8/22/2006	 	 	 	 	 	 	 	 	 
	FIRST IMPRESSIONS BY ALSIDE
	 	Associated Materials, LLC	 	 	77/115,924	 	 	 	2/26/2007	 	 	 	 	 	 	 	 	 
	FIRST ON AMERICA’S HOMES
	 	Associated Materials, LLC	 	 	73/484,972	 	 	 	6/13/1984	 	 	 	1,361,397	 	 	 	9/24/1985	 
	FIRST ON AMERICA’S HOMES
	 	Associated Materials, LLC	 	 	73/484,992	 	 	 	6/13/1984	 	 	 	1,372,534	 	 	 	11/26/1985	 
	FRAMEWORKS
	 	Associated Materials, LLC	 	 	77/964,647	 	 	 	3/22/2010	 	 	 	 	 	 	 	 	 
	GALLERY
	 	Associated Materials, LLC	 	 	76/135,518	 	 	 	9/26/2000	 	 	 	2,901,919	 	 	 	11/9/2004	 

 

Page 3 of 19

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Mark	 	Current Owner	 	Serial No.	 	 	Filing Date	 	 	Reg. No.	 	 	Reg. Date	 
	GALLERY
	 	Associated Materials, LLC	 	 	78/472,644	 	 	 	8/24/2004	 	 	 	3,518,129	 	 	 	10/14/2008	 
	GENEVA
	 	Associated Materials, LLC	 	 	78/180,107	 	 	 	10/30/2002	 	 	 	2,808,599	 	 	 	1/27/2004	 
	GREENBRIAR
	 	Associated Materials, LLC	 	 	78/766,612	 	 	 	12/5/2005	 	 	 	3,250,778	 	 	 	6/12/2007	 
	GREENBRIAR IV
	 	Associated Materials, LLC	 	 	74/638,721	 	 	 	2/27/1995	 	 	 	1,945,878	 	 	 	1/2/1996	 
	HARBOR POINTE
	 	Associated Materials, LLC	 	 	78/337,637	 	 	 	12/8/2003	 	 	 	3,165,962	 	 	 	10/31/2006	 
	HOMERUN
	 	Associated Materials, LLC	 	 	78/116,147	 	 	 	3/20/2002	 	 	 	2,754,487	 	 	 	8/19/2003	 
	ILLUMINATIONS
	 	Associated Materials, LLC	 	 	77/771,447	 	 	 	6/30/2009	 	 	 	 	 	 	 	 	 
	ISS INSTALLED SALES SOLUTIONS
	 	Associated Materials, LLC	 	 	78/855,546	 	 	 	4/6/2006	 	 	 	3,208,465	 	 	 	2/13/2007	 
	LIFEWALL
	 	Associated Materials, LLC	 	 	74/231,382	 	 	 	12/17/1991	 	 	 	1,715,783	 	 	 	9/15/1992	 
	LUMINA LX
	 	Associated Materials, LLC	 	 	77/829,123	 	 	 	9/17/2009	 	 	 	 	 	 	 	 	 
	MERIDIAN
	 	Associated Materials, LLC	 	 	77/079,156	 	 	 	1/9/2007	 	 	 	3,485,609	 	 	 	8/12/2008	 
	NEXTSALE NEIGHBORHOOD MARKETING PROGRAM
	 	Associated Materials, LLC	 	 	78/440,921	 	 	 	6/24/2004	 	 	 	3,020,158	 	 	 	11/29/2005	 
	ODYSSEY
	 	Associated Materials, LLC	 	 	73/588,837	 	 	 	3/19/1986	 	 	 	1,415,900	 	 	 	11/4/1986	 
	ODYSSEY PLUS
	 	Associated Materials, LLC	 	 	78/230,631	 	 	 	3/27/2003	 	 	 	3,188,626	 	 	 	12/26/2006	 

 

Page 4 of 19

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Mark	 	Current Owner	 	Serial No.	 	 	Filing Date	 	 	Reg. No.	 	 	Reg. Date	 
	PELICAN BAY
	 	Associated Materials, LLC	 	 	78/154,478	 	 	 	8/15/2002	 	 	 	2,801,477	 	 	 	12/30/2003	 
	PLATINUM SERIES INSULATION
	 	Associated Materials, LLC	 	 	78/263,725	 	 	 	6/18/2003	 	 	 	3,032,834	 	 	 	12/20/2005	 
	POLYMER P-5000
	 	Associated Materials, LLC	 	 	73/531,032	 	 	 	4/8/1985	 	 	 	1,373,253	 	 	 	12/3/1985	 
	PRESERVATION
	 	Associated Materials, LLC	 	 	78/236,214	 	 	 	4/10/2003	 	 	 	3,340,790	 	 	 	11/20/2007	 
	PRESERVATION
	 	Associated Materials, LLC	 	 	76/203,105	 	 	 	2/1/2001	 	 	 	2,589,831	 	 	 	7/2/2002	 
	PRODIGY
	 	Associated Materials, LLC	 	 	78/368,625	 	 	 	2/16/2004	 	 	 	2,979,824	 	 	 	7/26/2005	 
	REVOLUTION
	 	Associated Materials, LLC	 	 	78/094,307	 	 	 	11/20/2001	 	 	 	3,074,152	 	 	 	3/28/2006	 
	REVOLUTION BY ALSIDE
	 	Associated Materials, LLC	 	 	78/094,312	 	 	 	11/20/2001	 	 	 	3,074,153	 	 	 	3/28/2006	 
	SADDLEWOOD SUPREME
	 	Associated Materials, LLC	 	 	74/154,428	 	 	 	4/5/1991	 	 	 	1,704,109	 	 	 	7/28/1992	 
	SATINWOOD
	 	Associated Materials, LLC	 	 	73/484,168	 	 	 	6/8/1984	 	 	 	1,376,459	 	 	 	12/17/1985	 
	SAW-KERF
	 	Associated Materials, LLC	 	 	72/431,946	 	 	 	8/7/1972	 	 	 	973,218	 	 	 	11/20/1973	 
	SEQUOIA
	 	Associated Materials, LLC	 	 	78/326,268	 	 	 	11/11/2003	 	 	 	2,982,063	 	 	 	8/2/2005	 
	SHEFFIELD
	 	Associated Materials, LLC	 	 	78/116,496	 	 	 	3/21/2002	 	 	 	2,785,031	 	 	 	11/18/2003	 
	SIGNATURE
	 	Associated Materials, LLC	 	 	78/326,273	 	 	 	11/11/2003	 	 	 	2,982,064	 	 	 	8/2/2005	 
	SOLARTHERM
	 	Associated Materials, LLC	 	 	77/203,960	 	 	 	6/12/2007	 	 	 	3,525,079	 	 	 	10/28/2008	 
	SOLARZONE
	 	Associated Materials, LLC	 	 	78/138,955	 	 	 	6/26/2002	 	 	 	2,805,812	 	 	 	1/13/2004	 

 

Page 5 of 19

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Mark	 	Current Owner	 	Serial No.	 	 	Filing Date	 	 	Reg. No.	 	 	Reg. Date	 
	SUPER STEEL SIDING
	 	Associated Materials, LLC	 	 	74/156,139	 	 	 	4/11/1991	 	 	 	1,698,757	 	 	 	7/7/1992	 
	THE ARCHITECTURAL COLOR COLLECTION
	 	Associated Materials, LLC	 	 	78/099,211	 	 	 	12/19/2001	 	 	 	2,861,761	 	 	 	7/6/2004	 
	THE CENTURY SERIES
	 	Associated Materials, LLC	 	 	73/686,309	 	 	 	9/25/1987	 	 	 	1,494,265	 	 	 	6/28/1988	 
	THE DESIGNER’S SELECTION
	 	Associated Materials, LLC	 	 	73/354,368	 	 	 	3/12/1982	 	 	 	1,242,108	 	 	 	6/14/1983	 
	THE NATURE OF SIDING
	 	Associated Materials, LLC	 	 	78/717,747	 	 	 	9/21/2005	 	 	 	3,538,704	 	 	 	11/25/2008	 
	THE ULTIMATE FENCE
	 	Associated Materials, LLC	 	 	74/411,794	 	 	 	7/13/1993	 	 	 	1,914,954	 	 	 	8/29/1995	 
	TRI-BEAM
	 	Associated Materials, LLC	 	 	85/068,313	 	 	 	6/22/2010	 	 	 	 	 	 	 	 	 
	TRIMWORKS
	 	Associated Materials, LLC	 	 	78/121,757	 	 	 	4/15/2002	 	 	 	2,702,687	 	 	 	4/1/2003	 
	ULTRABEAM
	 	Associated Materials, LLC	 	 	76/261,918	 	 	 	5/25/2001	 	 	 	3,194,733	 	 	 	1/2/2007	 

 

Page 6 of 19

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Mark	 	Current Owner	 	Serial No.	 	 	Filing Date	 	 	Reg. No.	 	 	Reg. Date	 
	ULTRAGUARD
	 	Associated Materials, LLC	 	 	74/326,518	 	 	 	10/29/1992	 	 	 	1,803,751	 	 	 	11/9/1993	 
	ULTRAMAXX
	 	Associated Materials, LLC	 	 	74/107,251	 	 	 	10/19/1990	 	 	 	1,699,824	 	 	 	7/7/1992	 
	VISTAVIEW
	 	Associated Materials, LLC	 	 	77/462,060	 	 	 	4/30/2008	 	 	 	3671624	 	 	 	8/25/2009	 
	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	VYNASOL
	 	Associated Materials, LLC	 	 	73/484,174	 	 	 	6/8/1984	 	 	 	1,375,459	 	 	 	12/17/1985	 
	WESTBRIDGE
	 	Associated Materials, LLC	 	 	78/138,944	 	 	 	6/26/2002	 	 	 	2,793,070	 	 	 	12/9/2003	 
	WILLIAMSPORT
	 	Associated Materials, LLC	 	 	74/059,475	 	 	 	5/16/1990	 	 	 	1,656,826	 	 	 	9/10/1991	 
	WINDOWEXPRESS
	 	Associated Materials, LLC	 	 	77/237,478	 	 	 	7/24/2007	 	 	 	3,526,021	 	 	 	10/28/2008	 

 

Page 7 of 19

 

GENTEK BUILDING PRODUCTS, INC.

U.S. Trademark Registrations & Applications

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Filing/	 
	 	 	Current	 	Serial/	 	 	Reg.	 
	Mark	 	Owner	 	Reg. #	 	 	Date	 
	5 Chevron Design
	 	Gentek Building Products, Inc.	 	 	75311151	 	 	 	6-18-97	 
	
	 	 	 	 	2182235	 	 	 	8-18-98	 
	ADVANTAGE
	 	Gentek Building Products, Inc.	 	 	73813522	 	 	 	7-19-89	 
	 
	 	 	 	 	1593047	 	 	 	4-24-90	 
	ADVANTAGE
	 	Gentek Building Products, Inc.	 	 	73636555	 	 	 	1-15-87	 
	 
	 	 	 	 	1503931	 	 	 	9-13-88	 
	AMHERST
	 	Gentek Building Products, Inc.	 	 	76425066	 	 	 	6-25-02	 
	 
	 	 	 	 	2706936	 	 	 	4-15-03	 
	BLUEPRINT SERIES
	 	Gentek Building Products, Inc.	 	 	78368665	 	 	 	2-16-04	 
	 
	 	 	 	 	3005066	 	 	 	10-4-05	 
	CEDARWOOD
	 	Gentek Building Products, Inc.	 	 	73439485	 	 	 	8-15-83	 
	 
	 	 	 	 	1309643	 	 	 	12-18-84	 
	CEDARWOOD
	 	Gentek Building Products, Inc.	 	 	73573853	 	 	 	12-16-85	 
	 
	 	 	 	 	1403757	 	 	 	8-5-86	 

 

Page 8 of 19

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Filing/	 
	 	 	Current	 	Serial/	 	 	Reg.	 
	Mark	 	Owner	 	Reg. #	 	 	Date	 
	CHEVRON CHECK DESIGN
	 	Gentek Building Products, Inc.	 	 	75922587	 	 	 	2-16-00	 
	
	 	 	 	 	2426917	 	 	 	2-6-01	 
	COLOR CLEAR THROUGH
	 	Gentek Building Products, Inc.	 	 	75608038	 	 	 	12-18-88	 
	 
	 	 	 	 	2515846	 	 	 	12-4-01	 
	COLOR CLEAR THROUGH (Divisional)
	 	Gentek Building Products, Inc.	 	 	75980482	 	 	 	12-18-98	 
	 
	 	 	 	 	2539266	 	 	 	2-19-02	 
	CONCORD
	 	Gentek Building Products, Inc.	 	 	76422216	 	 	 	6-18-02	 
	 
	 	 	 	 	2709166	 	 	 	4-22-03	 
	DEALER OF DISTINCTION
	 	Gentek Building Products, Inc.	 	 	77022898	 	 	 	10-17-06	 
	 
	 	 	 	 	3627447	 	 	 	5-26-09	 
	DRIFTWOOD
	 	Gentek Building Products, Inc.	 	 	73354281	 	 	 	3-12-82	 
	 
	 	 	 	 	1231131	 	 	 	3-15-83	 
	DRIFTWOOD
	 	Gentek Building Products, Inc.	 	 	76441508	 	 	 	8-19-02	 
	 
	 	 	 	 	2728990	 	 	 	6-24-03	 

 

Page 9 of 19

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Filing/	 
	 	 	Current	 	Serial/	 	 	Reg.	 
	Mark	 	Owner	 	Reg. #	 	 	Date	 
	ENERGYLOGIX
	 	Gentek Building Products, Inc.	 	 	77925967	 	 	 	2-2-10	 
	ENFUSION
	 	Gentek Building Products, Inc.	 	 	77927257	 	 	 	2-3-10	 
	ESSEX SERIES
	 	Gentek Building Products, Inc.	 	 	78490624	 	 	 	9-28-04	 
	 
	 	 	 	 	3136858	 	 	 	8-29-06	 
	FAIR OAKS
	 	Gentek Building Products, Inc.	 	 	76425065	 	 	 	6-25-02	 
	 
	 	 	 	 	2706935	 	 	 	4-15-03	 
	FAIRWEATHER
	 	Gentek Building Products, Inc.	 	 	75314281	 	 	 	6-24-97	 
	 
	 	 	 	 	2178369	 	 	 	8-4-98	 
	GENTEK
	 	Gentek Building Products, Inc.	 	 	75921141	 	 	 	2-16-00	 
	 
	 	 	 	 	2419250	 	 	 	1-9-01	 
	GENTEK & Design
	 	Gentek Building Products, Inc.	 	 	75310736	 	 	 	6-18-97	 
	
	 	 	 	 	2182231	 	 	 	8-18-98	 

 

Page 10 of 19

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Filing/	 
	 	 	Current	 	Serial/	 	 	Reg.	 
	Mark	 	Owner	 	Reg. #	 	 	Date	 
	GENTEK & Design
	 	Gentek Building Products, Inc.	 	 	75920926	 	 	 	2-16-00	 
	
	 	 	 	 	2421398	 	 	 	1-16-01	 
	GENTEK BUILDER SERIES
	 	Gentek Building Products, Inc.	 	 	78374795	 	 	 	2-26-04	 
	 
	 	 	 	 	3133823	 	 	 	8-22-06	 
	GENTEK MY DESIGN HOME STUDIO & logo
	 	Gentek Building Products, Inc.	 	 	77648571	 	 	 	1-13-09	 
	
	 	 	 	 	 	 	 	 	 	 
	OMNIRAIL
	 	Gentek Building Products, Inc.	 	 	78585464	 	 	 	3-11-05	 
	 
	 	 	 	 	3134312	 	 	 	8-22-06	 
	OXFORD
	 	Gentek Building Products, Inc.	 	 	75314277	 	 	 	6-24-97	 
	 
	 	 	 	 	2176755	 	 	 	7-28-98	 
	PORTFOLIO
	 	Gentek Building Products, Inc.	 	 	78522608	 	 	 	11-24-04	 
	 
	 	 	 	 	3496994	 	 	 	9-2-08	 
	PROCLAD
	 	Gentek Building Products, Inc.	 	 	78577644	 	 	 	3-1-05	 
	 
	 	 	 	 	3308415	 	 	 	10-9-07	 
	REVERE My Design Home Studio & Logo
	 	Gentek Building Products, Inc.	 	 	77648599	 	 	 	1-13-09	 
	
	 	 	 	 	 	 	 	 	 	 

 

Page 11 of 19

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Filing/	 
	 	 	Current	 	Serial/	 	 	Reg.	 
	Mark	 	Owner	 	Reg. #	 	 	Date	 
	SEQUOIA SELECT
	 	Gentek Building Products, Inc.	 	 	76446200	 	 	 	8-30-02	 
	 
	 	 	 	 	2734559	 	 	 	7-8-03	 
	SEQUOIA SELECT & Design
	 	Gentek Building Products, Inc.	 	 	77613594	 	 	 	11-13-08	 
	
	 	 	 	 	3672099	 	 	 	8-25-09	 
	SIGNATURE
	 	Gentek Building Products, Inc.	 	 	74342489	 	 	 	12-21-92	 
	 
	 	 	 	 	1788166	 	 	 	8-17-93	 
	SIGNATURE SUPREME
	 	Gentek Building Products, Inc.	 	 	74548203	 	 	 	7-11-94	 
	 
	 	 	 	 	1942268	 	 	 	12-19-95	 
	SOVEREIGN
	 	Gentek Building Products, Inc.	 	 	77110793	 	 	 	02-19-07	 
	 
	 	 	 	 	3585207	 	 	 	3-10-09	 
	SOVEREIGN SELECT
	 	Gentek Building Products, Inc.	 	 	77110803	 	 	 	02-19-07	 
	 
	 	 	 	 	3585208	 	 	 	3-10-09	 
	SOVEREIGN SELECT ENERGY ADVANTAGE
	 	Gentek Building Products, Inc.	 	 	77921616	 	 	 	1-27-10	 

 

Page 12 of 19

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Filing/	 
	 	 	Current	 	Serial/	 	 	Reg.	 
	Mark	 	Owner	 	Reg. #	 	 	Date	 
	SOVEREIGN SELECT ENERGYSMART
	 	Gentek Building Products, Inc.	 	 	77870231	 	 	 	11-11-09	 
	STEELSIDE
	 	Gentek Building Products, Inc.	 	 	74070483	 	 	 	6-18-90	 
	 
	 	 	 	 	1685992	 	 	 	5-12-92	 
	TAPESTRY
	 	Gentek Building Products, Inc.	 	 	78618262	 	 	 	04-27-05	 
	 
	 	 	 	 	3529074	 	 	 	11-4-08	 
	TRILOGY
	 	Gentek Building Products, Inc.	 	 	77937960	 	 	 	2-17-09	 
	TRIMESSENTIALS BY GENTEK
	 	Gentek Building Products, Inc.	 	 	78439074	 	 	 	6-22-04	 
	 
	 	 	 	 	3163566	 	 	 	10-24-06	 
	TRIMESSENTIALS BY REVERE
	 	Gentek Building Products, Inc.	 	 	78439083	 	 	 	6-22-04	 
	 
	 	 	 	 	3143105	 	 	 	9-12-06	 

 

Page 13 of 19

 

GENTEK BUILDING PRODUCTS LIMITED (0056819)

Canadian Trademark Registrations & Applications

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Filing/	 
	 	 	Current	 	 	 	Reg.	 
	Mark	 	Owner	 	Serial/Reg. #	 	Date	 
	ADVANTAGE
	 	Gentek	 	815751	 	 	6-19-96	 
	 
	 	 	 	TMA514167	 	 	8-10-99	 
	AIR MASTER & Design
	 	Gentek	 	519428	 	 	3-27-84	 
	
	 	 	 	TMA299268	 	 	1-18-85	 
	ALURITE
	 	Gentek	 	635859	 	 	7-4-89	 
	 
	 	 	 	TMA371,081	 	 	7-20-90	 
	ASTERIX & Design
	 	Gentek	 	361353	 	 	2-12-73	 
	
	 	 	 	TMA199543	 	 	5-31-74	 
	BARRICADE
	 	Gentek	 	1,301,163	 	 	5-11-06	 
	 
	 	 	 	TMA699317	 	 	10-23-07	 
	CEDARWOOD
	 	Gentek	 	585514	 	 	6-5-87	 
	 
	 	 	 	TMA350880	 	 	2-3-89	 
	CENTENNIAL
	 	Gentek	 	838079	 	 	2-28-97	 
	 
	 	 	 	TMA497777	 	 	7-24-98	 

 

Page 14 of 19

 

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Filing/	 
	 	 	Current	 	 	 	Reg.	 
	Mark	 	Owner	 	Serial/Reg. #	 	Date	 
	CHECKMARK DESIGN
	 	Gentek	 	785524	 	 	6-19-95	 
	
	 	 	 	TMA496559	 	 	6-22-98	 
	CLIMATIC
	 	Gentek	 	387603	 	 	7-9-75	 
	 
	 	 	 	TMA216353	 	 	10-1-76	 
	COLOR CLEAR THROUGH
	 	Gentek	 	1019839	 	 	6-21-99	 
	 
	 	 	 	TMA 596853	 	 	12-8-03	 
	CONCORD
	 	Gentek	 	791676	 	 	8-31-95	 
	 
	 	 	 	TMA468462	 	 	1-9-97	 
	DEALERS OF DISTINCTION
	 	Gentek	 	1321510	 	 	10-25-06	 
	 
	 	 	 	TMA756459	 	 	1-6-10	 
	ENERGY PLUS
	 	Gentek	 	712607	 	 	9-9-92	 
	 
	 	 	 	TMA424287	 	 	3-4-94	 
	ESTATE CLASSIC
	 	Gentek	 	640260	 	 	9-1-89	 
	 
	 	 	 	TMA 379690	 	 	2-8-91	 
	FAIRHAVEN SOUND
	 	Gentek	 	1390446	 	 	4-14-08	 
	 
	 	 	 	TMA745480	 	 	8-17-09	 
	FAIRWEATHER
	 	Gentek	 	865176	 	 	12-23-97	 
	 
	 	 	 	TMA520,608	 	 	12-15-99	 
	FENETRES NORD-AMERICAINES
	 	Gentek	 	842497	 	 	4-17-97	 
	 
	 	 	 	TMA499744	 	 	8-31-98	 
	FIRST IMPRESSIONS BY GENTEK
	 	Gentek	 	1336830	 	 	02-23-07	 
	 
	 	 	 	TMA708,617	 	 	02-29-08	 
	GENGLASS
	 	Gentek	 	1348714	 	 	5-24-07	 
	 
	 	 	 	TMA718594	 	 	7-16-08	 
	GENTEK
	 	Gentek	 	785526	 	 	6-19-95	 
	 
	 	 	 	TMA496558	 	 	6-22-98	 
	GENTEK & Design
	 	Gentek	 	785523	 	 	6-19-95	 
	
	 	 	 	TMA496561	 	 	6-22-98	 

 

Page 15 of 19

 

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Filing/	 
	 	 	Current	 	 	 	Reg.	 
	Mark	 	Owner	 	Serial/Reg. #	 	Date	 
	GENTEK BUILDER SERIES
	 	Gentek	 	1228241	 	 	8-25-04	 
	 
	 	 	 	691130	 	 	6-29-07	 
	GENTEK My Design Home Studio & Logo
	 	Gentek	 	1424466	 	 	1-14-09	 
	
	 	 	 	 	 	 	 	 
	HALLMARK
	 	Gentek	 	452397	 	 	4-14-80	 
	 
	 	 	 	TMA250784	 	 	9-26-80	 
	HARMONIE DE COULEURS
	 	Gentek	 	1356862	 	 	7-23-07	 
	 
	 	 	 	TMA728,948	 	 	11-20-08	 
	HYGENICIEL
	 	Gentek	 	373822	 	 	3-27-74	 
	 
	 	 	 	TMA205383	 	 	2-21-75	 
	LE RENOVATEUR DE PREMIER CHOIX
	 	Gentek	 	842492	 	 	4-17-97	 
	
	 	 	 	TMA537478	 	 	11-21-00	 
	LE RENOVATEUR DE PREMIER CHOIX & Design
	 	Gentek	 	715937	 	 	10-30-92	 
	
	 	 	 	TMA520412	 	 	12-8-99	 

 

Page 16 of 19

 

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Filing/	 
	 	 	Current	 	 	 	Reg.	 
	Mark	 	Owner	 	Serial/Reg. #	 	Date	 
	MOULURESESSENTIALS DE GENTEK
	 	Gentek	 	1356861	 	 	7-23-07	 
	 
	 	 	 	TMA728,949	 	 	11-20-08	 
	NAW & Design
	 	Gentek	 	842498	 	 	4-17-97	 
	
	 	 	 	TMA491771	 	 	3-23-98	 
	NORTH AMERICAN WINDOWS
	 	Gentek	 	842499	 	 	4-17-97	 
	 
	 	 	 	TMA499860	 	 	8-31-98	 
	NORTHERN FOREST
	 	Gentek	 	721694	 	 	1-28-93	 
	 
	 	 	 	TMA454110	 	 	2-16-96	 
	OXFORD
	 	Gentek	 	865179	 	 	12-23-97	 
	 
	 	 	 	TMA525528	 	 	3-22-00	 
	PREMIUM RENOVATOR & Design
	 	Gentek	 	715936	 	 	10-30-92	 
	
	 	 	 	TMA520438	 	 	12-9-99	 

 

Page 17 of 19

 

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Filing/	 
	 	 	Current	 	 	 	Reg.	 
	Mark	 	Owner	 	Serial/Reg. #	 	Date	 
	PREMIUM RENOVATOR & Design
	 	Gentek	 	842491	 	 	4-17-97	 
	
	 	 	 	TMA537507	 	 	11-22-00	 
	RAINAWAY
	 	Gentek	 	675372	 	 	2-6-91	 
	 
	 	 	 	TMA398777	 	 	5-29-92	 
	REGENCY
	 	Gentek	 	452398	 	 	4-14-80	 
	 
	 	 	 	TMA250,785	 	 	9-26-80	 
	REVERE My Design Home Studio & Logo
	 	Gentek	 	1424474	 	 	1-14-09	 
	
	 	 	 	 	 	 	 	 
	ROUGHWOOD
	 	Gentek	 	374971	 	 	5-07-74	 
	 
	 	 	 	TMA209,437	 	 	9-12-75	 
	SEQUOIA
	 	Gentek	 	1272906	 	 	9-21-05	 
	 
	 	 	 	TMA676191	 	 	11-2-06	 
	SEQUOIA
	 	Gentek	 	1228310	 	 	8-26-04	 
	 
	 	 	 	TMA690353	 	 	6-20-07	 
	SEQUOIA SELECT & Design
	 	Gentek	 	1438095	 	 	5-14-09	 
	
	 	 	 	 	 	 	 	 

 

Page 18 of 19

 

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Filing/	 
	 	 	Current	 	 	 	Reg.	 
	Mark	 	Owner	 	Serial/Reg. #	 	Date	 
	SIERRA
	 	Gentek	 	1212719	 	 	4-8-04	 
	 
	 	 	 	TMA641140	 	 	6-2-05	 
	SIERRA
	 	Gentek	 	470529	 	 	5-27-81	 
	 
	 	 	 	TMA265537	 	 	12-31-81	 
	SIGNATURE
	 	Gentek	 	1228722	 	 	8-31-04	 
	SOVEREIGN
	 	Gentek	 	1356799	 	 	7-23-07	 
	SOVEREIGN SELECT
	 	Gentek	 	1356800	 	 	7-23-07	 
	STEELSIDE
	 	Gentek	 	1375565	 	 	12-11-07	 
	 
	 	 	 	TMA748073	 	 	 	 
	THERMALOK
	 	Gentek	 	635942	 	 	7-4-89	 
	 
	 	 	 	TMA371910	 	 	8-10-90	 
	THERMALSLIDE
	 	Gentek	 	449650	 	 	2-6-80	 
	 
	 	 	 	TMA253359	 	 	11-28-80	 
	TRIMESSENTIALS BY GENTEK
	 	Gentek	 	1228339	 	 	8-26-04	 
	 
	 	 	 	TMA694723	 	 	8-24-07	 
	VYCAN
	 	Gentek	 	531926	 	 	11-21-84	 
	 
	 	 	 	TMA310516	 	 	1-17-86	 

 

Page 19 of 19

 

Attachment to Schedule 10.2

Liens on property and assets listed in any title insurance policy obtained in respect of a

Mortgaged Property or existing on the Closing Date

1.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: GENTEK BUILDING PRODUCTS, INC.
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	GELCO CORPORATION

DBA GE CAPITAL

FLEET SERVICE
	 	UCC-1
	 	07/23/2001

05/04/2006
	 	 	10710298	 

Collateral Encumbered:

(1) 2002 INTERNATIONAL 4400 W/GRUMANN OLSON BODY VIN 1HTMKAAN72H516410.

2.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: GENTEK BUILDING PRODUCTS, INC.
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	NMHG Financial
Services, Inc.
	 	UCC-1
	 	01/17/2008

06/16/2003
	 	 	31513277	 

Collateral Encumbered:

All of the equipment now or hereafter leased by Lessor to Lessee; and all accessions, additions,
replacements and substitutions thereto and therefore and all proceeds, including insurance
proceeds, thereof.

 

A1

 

3.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: GENTEK BUILDING PRODUCTS, INC.
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	GELCO CORPORATION

DBA GE CAPITAL

FLEET SERVICE
	 	UCC-1
	 	07/21/2003

05/01/2008
	 	 	31852600	 
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	GELCO CORPORATION

DBA GE CAPITAL

FLEET SERVICE
	 	UCC-1
	 	10/20/2008
	 	Amendment
83524947

Collateral Encumbered:

Any and all equipment of Debtor constituting material handling equipment including, but not limited
to forklifts, batteries, charges, order pickers and pallet jacks that are now or hereafter leased
from Secured Party together with: (i) all accounts, instruments, documents, general intangibles,
security deposits, or reserves; (ii) all repairs, accessories, additions, attachments,
replacements, substitutions, or accessions and any related equipment including, but not limited to
batteries and chargers; and (iii) all insurance and other proceeds, all as may directly or
indirectly arise out of or be related to the equipment identified above. This financing statement
is filed for precautionary purposes only and does not and is not intended to change the
characterization of the transaction as a lease.

Collateral Encumbered:

Quantity 1 Year 2006 Make DAEWOO Model G25S-ES Type of Equipment FORKLIFT GE UNIT # 21025 SERIAL #
CX01900

Quantity 1 Year 2006 Make DAEWOO Model GC25E3 Type of Equipment FORKLIFT GE Unit # 99029 SERIAL #
CV-00273 and including all additions, attachments, accessories and accessions thereto, and any
and all substitutions, replacements or exchanges therefore, and all insurance and/or other
proceeds thereof by and between Lessee and Lessor whether now owned or hereafter acquired.

4.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: GENTEK BUILDING PRODUCTS, INC.
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	RAYMOND LEASING

CORPORATION
	 	UCC-1
	 	12/27/2007
	 	 	74886999	 

Collateral Encumbered:

027062401936 Sideloader Model: 71SL60 Year 2002027062501938 Manuf: Raymond Machine: 36V Sideloader

Manuf: Raymond Machine: 36V Model: 71SL60 Year: 2002027062601935 Sideloader

Manuf: Raymond Machine: 36V Model: 71SL60 Year: 2002027062701934 Sideloader

Manuf: Raymond Machine: 36V Model: 71SL60 Year: 2002027062801937 Sideloader

Manuf: Raymond Machine: 36V Model: 71SL60 Year: 2002027062 95264LQ Battery

Manuf: DEKA Machine: 36V Model 9D16011 Year: 2007002706305265LQ Battery

Manuf: DEKA Machine: 36V Model 9D16011 Year: 2007002706315266LQ Battery

 

A2

 

5.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: GENTEK BUILDING PRODUCTS, INC.
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	FIRST FLEET

CORPORATION
	 	UCC-1
	 	01/08/2008
	 	 	80081438	 

Collateral Encumbered:

(1) 2007 International straight truck with Fallsway axle/deck; and (1) 2007 Sterling AT95 straight
truck with Fallsway 26’ flatbed body, together with: (i) all parts, attachments accessories and
accessions to, and all substitutions and replacements for, such goods; (ii) all accounts,
receivables (including, but not limited to those generated through a sublease or third party
contract), chattel paper, and general intangibles arising from or related to any sale, lease,
rental or other disposition of such goods to third parties, or otherwise resulting from the
possession, use or operation of such goods by third parties, including instruments, investment
property, deposit accounts, letter of credit rights, and supporting obligations arising thereunder
or in connection therewith; (iii) all insurance, warranty and other claims against third

Manuf: DEKA Machine: 36V Model: 9D16011 Year: 2007002706325267LQ Battery

Manuf: DEKA Machine: 36V Model: 9D16011 Year: 2007002706335268LQ Battery

Manuf: DEKA Machine: 36V Model: 9D16011 Year: 2007002706345269LQ Battery

Manuf: DEKA Machine: 36V Model: 9D16011 Year: 2007002706355270LQ Battery

Manuf: DEKA Machine: 36V Model: 9D16011 Year: 2007002706365271LQ Battery

Manuf: DEKA Machine: 36V Model: 9D16011 Year: 2007002706375272LQ Battery

Manuf: DEKA Machine: 36V Model: 9D16011 Year: 2007002706385273LQ Battery

Manuf: DEKA Machine: 36V Model: 9D16011 Year: 200700270639AL73006 Charger

Manuf: ENERSYS Machine: 36V Model: D3E2 Year: 200300270640AL73007 Charger

Manuf: ENERSYS Machine: 36V Model: D3E2 Year: 200300270641AL73010 Charger

Manuf: ENERSYS Machine: 36V Model: D3E2 Year: 200300270642AL73008 Charger

Manuf: ENERSYS Machine: 36V Model: D3E2 Year: 200300270643AL73009 Charger

Manuf: ENERSYS Machine: 36V Model: D3E2 Year: 20030

 

A3

 

6.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: GENTEK BUILDING PRODUCTS, INC.
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	RAYMOND LEASING

CORPORATION
	 	UCC-1
	 	02/07/2008
	 	 	80468304	 

Collateral Encumbered:

Manuf: Raymond Machine: 24V Model: R30TT 24V Year: 200802726551198AR

Manuf: DEKA Machine: 24V Model: 12D12515 Year: 20082027265

Munuf: Ametek Machine: 24V Model: 880M112 Year: 200800272657FREIGHT AND INSTALL Freight and Install

Manuf: Freight and Install Model: Freight and Ins Year: 2008

parties with respect to such goods (including claims for rent upon any lease of such goods); (iv)
all software and other intellectual property rights used in connection therewith; (v) proceeds
of all of the foregoing, including proceeds in the form goods, accounts, chattel paper,
documents, instruments, general intangibles, investment property, deposit accounts, letter of
credit rights and supporting obligations; and (vi) all books and records regarding the
foregoing.

Equipment: Equipment Description VIN/Serial #2007 International straight truck1HTXHSCTXJ5582922007
Fallsway Axle Deck

***0 7912202007 Sterling AT95 straight truck2FZHAZCV37AX867592007 Fallsway 26’ flatbed body
***0791209.

7.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: GENTEK BUILDING PRODUCTS, INC.
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	FIRST FLEET

CORPORATION
	 	UCC-1
	 	05/19/2008
	 	 	81715141	 

Collateral Encumbered:

Sterling Acterra straight truck with Morgan curtainside body and decals, together with: (i) all
parts, attachments accessories and accessions to, and all substitutions and replacements for, such
goods; (ii) all accounts, receivables (including, but not limited to those generated through a
sublease or third party contract), chattel paper, and general intangibles arising from or related
to any sale, lease, rental or other disposition of such goods to third parties, or otherwise
resulting from the possession, use or operation of such goods by third parties, including
instruments, investment property, deposit accounts, letter of credit rights, and supporting
obligations arising thereunder or in connection therewith; (iii) all insurance, warranty and other
claims against third parties with respect to such goods (including claims for rent upon any lease
of such goods); (iv) all software and other intellectual property rights used in connection
therewith; (v) proceeds of all of the foregoing, including proceeds in the form of goods, accounts,
chattel paper, documents, instruments, general intangibles, investment property, deposit accounts,
letter of credit rights and supporting obligations; and (vi) all books and records regarding the
foregoing. Equipment: Make VIN/Serial No.2008 MORGAN CURTAINSIDE GVCD9527102**MWI08VB41 8830042008
MISC DECALS DECAL DECAL****** AA77472008 STERLING STRAIGHT TRUCK ACTERRA2FZHCHBS98AAA7747.

 

A4

 

8.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Goodman GENTEK BUILDING PRODUCTS, INC.
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	RAYMOND LEASING

CORPORATION
	 	UCC-1
	 	11/24/2008
	 	 	83918297	 

Collateral Encumbered:

0317403 Serial#: 01955 Desc: Sideloader Manuf: Raymond Model: 71SL60 Year: 2003

0317404 Serial#: 01954 Desc: Sideloader Manuf: Raymond Model: 71SL60 Year: 2003

0317405 Serial#: 2915KR Desc: Battery Manuf: DEKA Model: 9D150-11 Year: 20080

0317406 Serial#: 2916KR Desc: Battery Manuf: DEKA Model: 9D150-11 Year: 20080

0317407 Serial#: 2917KR Desc: Battery Manuf: DEKA Model: 9D150-11 Year: 20080

0317408 Serial#: 2918KR Desc: Battery Manuf: DEKA Model: 9D150-11 Year: 20080

0317409 Serial#: BK88534 Desc: Charger Manuf: Exide Machine: 36 V Mod: D3E218850 YR: 2003

0317410 Serial#: BK88535 Desc: Charger Manuf: Exide Machine: 36V Mod: D3E218850 YR: 2003

9.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ALSIDE, INC.
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	PACKAGING

CORPORATION OF

AMERICA
	 	UCC-1
	 	02/18/2004

11/11/2008
	 	 	40436966	 

Collateral Encumbered:

(1) Unimove Lift Tube device with 43’ X 28’ Bridge Crane.

10.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ALSIDE, INC.
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	PACKAGING

CORPORATION OF

AMERICA
	 	UCC-1
	 	8/12/2004

03/11/2009
	 	 	42276535	 

Collateral Encumbered:

(100) Collapsible Racks and (25) Mobile Slave Carts.

 

A5

 

11.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ALSIDE, INC.
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	IBM CREDIT LLC
	 	UCC-1
	 	10/25/2005
	 	 	53307031	 

Collateral Encumbered:

All of the following equipment together with all related software, whether no owned or hereafter
acquired and wherever located: IBM Equipment Type 3581 7210 7310 9406 9910 9993 9994 9BPP 9SSR All
additions, attachments, accessories, accessions and upgrades thereto and any and all substitutions,
replacements or exchanges for any such item of equipment or software and any and all proceeds of
any of the foregoing, including, without limitations, payments under insurance or any indemnity or
warranty relating to loss or damage to such equipment and software.

12.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	CISCO SYSTEMS

CAPITAL CORPORATION
	 	UCC-1
	 	04/19/2006
	 	 	61308717	 

Collateral Encumbered:

The Financing Statement covers all of the Debtor’s right, title and interest, now existing and
hereafter arising, in and to the following property, wherever located: (i) all Equipment from time
to time subject to that Master Agreement to lease Equipment No. 2514 dated October 8, 1999 between
Debtor as lessee and Secured Party as lessor and any and all Schedules from time to time entered
into under such Master Agreement, (ii) all insurance, warranty, rental and other claims and rights
to payment and chattel paper arising out of such Equipment, and (iii) all books, records and
proceeds relating to the foregoing. For purposes of this financing statement, “Equipment” shall be
defined as routers, router components, other computer networking and telecommunications equipment
and other equipment manufactured by Cisco Systems, Inc., its affiliates and others, together with
all software and software license rights relating to the foregoing, and all substitutions,
replacements, upgrades, repairs, parts and attachments, improvements and accessions thereto.

 

A6

 

13.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	Wells Fargo
Equipment Finance,
Inc.
	 	UCC-1
	 	01/10/2002

07/14/2006

03/18/2008
	 	 	20302533	 

Collateral Encumbered:

All rents and other payments due and to become due, all equipment leased without limitation under
said Schedule U dated June 1, 2001 under Agreement of Lease No. AMI98.

14.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	Wells Fargo
Equipment Finance,
Inc.
	 	UCC-1
	 	03/28/2002

10/05/2006

03/17/2008
	 	 	20989297	 

Collateral Encumbered:

All equipment leased under Schedule X dated September 14, 2001, under Agreement of Lease No. AMI98,
including without limitation of the equipment identified below; and all proceeds thereof. (no
attachment of materials)

15.

	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 
	DELAWARE
	 	FIRST FLEET	 	UCC-1	 	08/01/2003	 	32000209
	 
	 	CORPORATION	 	 	 	07/19/2004	 	 
	 
	 	 	 	 	 	02/22/2006	 	 
	 
	 	 	 	 	 	07/02/2008	 	 
	 
	 	 	 	 	 	 	 	 
	DELAWARE
	 	FIRST FLEET	 	UCC-1	 	08/13/2008	 	Amendment
	 
	 	CORPORATION	 	 	 	 	 	82773891

Collateral Encumbered:

(a) All equipment leased under Schedule AG including (b) all personal property, including vehicles,
(c) vehicles having the vehicle identification numbers shown on Lessee’s Certificate of Acceptance,
(d) replacements, additions, substitutions, alterations, and modifications of the collateral
specified in the clauses above, (e) insurance proceeds and indemnities payable in connection with
the collateral and proceeds of all the foregoing equipment: Cormach, CraneAMI, Fallsway, DeckAMI,
Freight Liner, Chassis & Cab.

Collateral Encumbered:

THIS IS A FULL ASSIGNMENT.

 

A7

 

16.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	NEC Financial
Services, Inc.
	 	UCC-1
	 	05/10/2004

04/21/2009
	 	 	41445206	 

Collateral Encumbered:

One (1) NEC NEAX2000 IPS Telephone Systems with Voice Mail together with all accessories, additions
and attachments thereto, replacements and substitutions therefore and all proceeds thereof, now
owned or hereinafter acquired. Lessee has no power to sell or otherwise dispose of said property.
Equipment location 19720 Bothell Everett HWY, SE, Bothell, WA, 98012.

17.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	First Fleet Corporation
	 	 UCC-1
	 	06/30/2004

05/29/2009
	 	 	41822313	 

Collateral Encumbered:

(a) All equipment leased under Schedule AN, dated February 23, 2004 incorporating Agreement of
Lease No.: AMI98, (b) all personal property, including vehicles, leased under said Schedules, (c)
vehicles and its attachments including but not limited to Manitou forklifts, Cormach Cranes,
Clearfield Conveyor, and Fallsway Decks, (d) replacements, additions, substitutions, alterations
and modifications of the collateral specified in (b) and (c), (e) insurance proceeds and
indemnities payable in connection with the collateral specified in (b) and (c) and (f) the proceeds
of all the foregoing equipment: Fallsway 2004 Deck ***AMI98***, Sterling 2005 LT9500 Truck
2FZHAZCG75A,Clearfield 2004 FBR636 Conveyor, Sterling 2004 LT9500 Truck 2FZHAZCG44A, Fallsway 2004
Deck, Cormach 2004 404000e8 Crane, Fallsway 2004 Deck AMI98AN1, Sterling 2004 LT9500 Truck
2FZHAZCGX4A, Sterling 2004 LT9500 Truck 2FZHAZCG14A, Fallsway 2004 Deck N42718, Cormach 2004
404000e6f Crane AMI, Fallsway 2004 Deck AMI98AN1, Sterling 2005 LT9500 Truck 2FZHAZCG35A N62180
Group, 2 1 Manitou 2004 TMT320FLHT Forklift AMI98AN200002, Manitou TMT320FLHT Forklift 750416
Group, 3 4 Fallsway 2004 14 Deck Steel Misc. Slats 4 Manitou 2004 TMT320FLHT Forklift 750419 4 Misc
2004 Upfront Sales Misc Upfront 750419.

 

A8

 

18.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	TCF Leasing, Inc.,
its successors
and/or assigns
	 	UCC-1
	 	07/08/2004

07/21/2004

05/29/2009
	 	 	41906306	 

Collateral Encumbered:

(a) All equipment leased under Schedule AL, (b) all personal property, including vehicles, leased
under said Schedule, (c) vehicles having the vehicle identification numbers shown below and/or on
Lessee’s Certificate(s) of Acceptance (d) replacements, additions, substitutions, alterations, and
modifications of the collateral specified in clauses (b) and (c) above, (e) insurance proceeds and
indemnities payable in connection with the collateral specified in clauses (b) and (c) above and
(f) proceeds of all of the foregoing Equipment 1 Capacity 2004 TJ5000 Yard Tractor 4LMBB21194L
014522 1 Misc 2004 Off the Road Misc *Freight* 014522 1 Misc 2004 Lights Power Misc **Lights**
014522.

19.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	First Fleet Corporation
	 	 UCC-1
	 	03/08/2005

02/08/2010
	 	 	50740259	 

Collateral Encumbered:

(a) All equipment leased under Schedule AX, (b) all personal property, including vehicles, leased
under said Schedule, (c) vehicles; including but not limited to International straight trucks, GMC
straight truck; Isuzu straight trucks; Ford straight trucks, Sterling straight trucks, Mack
straight trucks and Manitou forklift, having the vehicle identification/serial numbers shown below
and/or on Lessee’s Certificate(s) of Acceptance, (d) replacements, additions, substitutions,
alterations and modifications of the collateral specified in clauses (b) and (c) above, (e)
insurance proceeds and indemnities payable in connection with the collateral specified in clauses
(b) and (c) above, and (f) proceeds of all the foregoing Equipment: IN1 International 20014900
Straight Truck1HTSDAAN61H 3596632MANITOU 2005TMT320FL ForkliftAMI98AX2 000013GMC 2003Straight
TruckAMI98AX3 000014International2004Straight Truck AMI98AX4 00001 International20004700Straight
Truck1HTSCAAM6YH 269563International20004700Straight Truck1HTSCAAM2YH 269561 Ford 2000F-650Straight
Truck3FDNF6545YM A07145Ford 2000F-650Straight TruckFDNF6528YM A07039Ford 2000F-650Straight
Truck3FDNF6541YMA10589FORD 2000F-650 Straight TruckFDNY65621 A586437 International20024400Straight
Truck1HTSDAAN82H 410968International20024400Striaght Truck1HTSDAANX2H 410969 International20024400
Striaght tuck 1HTMKAAN72H 515410 Sterling 2002SC7000 Straight Truck 49HAAABV52D K92433MACK 2002
MS200FStraight TruckVG6M116A718 203988MACK 2002MV322Striaght TruckVG6AF05A42B 550440FORD
2002F-650Straight Trcuk 3FDNF65Y32M A040278Misc 2005Upfront Sales TaxAMI98AX8 00001.

 

A9

 

20.

	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 
	DELAWARE
	 	NMHG Financial	 	UCC-1	 	05/18/2005	 	51537530
	 
	 	Services, Inc.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	DELAWARE
	 	NMHG Financial	 	UCC-1	 	03/11/2010	 	Amendment
	 
	 	Services, Inc.	 	 	 	 	 	00828073

Collateral Encumbered:

All of the equipment now or hereafter leased by Lessor to Lessee; and all accessions, additions,
replacements and substitutions thereto and thereforehand all proceeds including insurance proceeds
thereof.

Collateral Encumbered:

1 Pixall 145750-400094 Superjack Green Bean Harvester

1 Pixall 145750-400093 Superjack Green Bean Harvester

1 Pixall 225750-400697 1500VPC Green Bean Head

1 Pixall 225750-400698 1500VPC Green Bean Head

21.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	NMHG Financial
Services, Inc.
	 	UCC-1
	 	08/08/2005

05/14/2010

05/14/2010
	 	 	52449735	 

Collateral Encumbered:

All of the equipment now or hereafter leased by Lessor to Lessee; and all accessions, additions,
replacements and substitutions thereto and thereforehand and all proceeds including insurance
proceeds thereof.

 

A10

 

22.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	First Fleet Corporation
	 	 UCC-1
	 	11/22/2005
	 	 	53613933	 

Collateral Encumbered:

(a) All equipment leased under Schedule BB, (b) all personal property, including vehicles, leased
under said Schedule, (c) vehicles, including but not limited to Freightliner sleeper tractors,
having the vehicle identification numbers shown below and/or on Lessee’s Certificate(s) of
Acceptance, (d) replacements, additions, substitutions, alterations and modifications of the
collateral specified in clauses (b) and (c) above, (e) insurance proceeds and indemnities payable
in connection with the collateral specified in clauses (b) and (c) above and (f) proceeds of all
the foregoing Equipment:

VIN #12006 FREIGHTLINER CORONADO CC132

(SLEEPER) 1FUJCRCK06P W1076222006 Coronado CC132

(SLEEPER) 1FUJCRCK26P W1076332006 Coronado CC132

(SLEEPER) 1FUJCRCKX6P M43827

23.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	NMHG Financial
Services, Inc.
	 	UCC-1
	 	02/17/2006
	 	 	60592014	 

Collateral Encumbered:

All of the equipment now or hereafter leased by lessor to lessee; and all accessions, additions,
replacements and substitutions thereto and therefor and all proceeds, including insurance proceeds,
thereof.

 

A11

 

24.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	First Fleet Corporation
	 	UCC-1
	 	02/21/2006
	 	 	60610097	 

Collateral Encumbered:

(a) All equipment leased under Schedule BD, (b) all personal property, including vehicles leased
under said Schedule, (c) vehicles, including but not limited to Sterling straight trucks; Cormach
Crane; Fallsway Deck, Jerr Dan flat bed and Manitou forklift, having the vehicle
identification/serial numbers shown below and/or on Lessee’s Certificate(s) of Acceptance, (d)
replacements, additions, substitutions, alterations and modifications of the collateral specified
in clauses (b) and (c) above and (f) proceeds of all the foregoing equipment:

VIN12006 JERR DAN M-15 (Flat Bed) AMI98BD1 0000712006 Sterling LT8500 (Straight Truck) AMI98BD1
00006332006 Fallsway (Deck) AMI 98BD1 0000422006 Cormach 40400E8 (Crane) AMI98BD1 0000522006
Sterling LT9500 (Straight Truck)AMI 98BD1 00006332006 Fallsway (Deck) AMI98BD1 0000232006 Sterling
LT8500 (Straight Truck) AMI98BD1 00003422005 Manitou TMT320FL (Forklift) ******* 751758.

25.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	H.B. FULLER COMPANY
	 	UCC-1
	 	03/07/2006
	 	 	60868711	 

Collateral Encumbered:

Equipment located at Alside Windows in Bothell, WA; IEA LEWCO Inc. Heat-Pro HPEC 04L 4 Drum Low
Profile Oven, 480-Volt; 4EA GED Emitters 1 K500-Co-Ext-1-Temp

Products: HL-5140, HL-5157, HL5153B.

26.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	CISCO SYSTEMS

CAPITAL CORPORATION
	 	UCC-1
	 	04/19/2006
	 	 	61313634	 

Collateral Encumbered:

(i) all Equipment from time to time subject to that Master Agreement to lease Equipment No. 2514,
(ii) all insurance, warranty, rental and other claims and rights to payment and chattel paper
arising out of such Equipment, and (iii) all books, records and proceeds relating to the foregoing.
For the purposes of this statement, “Equipment” shall be defined as routers, router components,
other computer networking and telecommunications equipment and other equipment, manufactured by
Cisco Systems, Inc, its affiliates and others, together with all software and software license
rights relating to the foregoing, and all substitutions, replacements, upgrades, repairs, parts and
attachments, improvements and accessions thereto.

 

A12

 

27.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	IBM Credit LLC
	 	UCC-1
	 	05/16/2006
	 	 	61654425	 

Collateral Encumbered:

(i) all Equipment from time to time subject to that Master Agreement to lease equipment No. 2514,
(ii) all insurance, warranty, rental and other claims and rights to payment and chattel paper
arising out of such Equipment and (iii) all books, records and proceeds relating to the foregoing.
For the purposes of this financing statement, “Equipment” shall be defined as routers, router
components, other computer networking and telecommunications equipment and others, together with
software and software license rights relating to the foregoing, and all substitutions,
replacements, upgrades, repairs, parts and attachments, improvements and accessions thereto.

28.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	IBM Credit LLC
	 	UCC-1
	 	05/18/2006
	 	 	61681287	 

Collateral Encumbered:

All of the following equipment together with all related software, whether now owned or hereafter
acquired and wherever located (all as more fully described on IBM Credit LLC Supplement(s) #
C95747) : IBM Equipment Type 3580 7210 7310 9406 9992 9993 9994 9BPP 9SSR All additions,
attachments, accessories, accessions and upgrades thereto and any and all substitutions,
replacements or exchanges for any such item of equipment or software and any and all proceeds of
any of the foregoing, including, without limitations, payments under insurance or any indemnity or
warranty relating to loss or damage to such equipment and software.

29.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	First Fleet Corporation
	 	UCC-1
	 	07/18/2006
	 	 	62473080	 

Collateral Encumbered:

All of the following equipment together with all related software, whether now owned or hereafter
acquired and wherever located (all as more fully described on IBM Credit LLC Supplement(s) #
C95744): IBM Equipment Type 9910 9993 All additions, attachments, accessories, accessions and
upgrades thereto and any and all substitutions, replacements or exchanges for any such item of
equipment or software and any and all proceeds of any of the foregoing including, without
limitation, payments under insurance or any indemnity or warranty relating to loss or damage to
such equipment and software.

 

A13

 

30.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	BANC OF AMERICA

LEASING & CAPITAL,

LLC
	 	UCC-1
	 	10/30/2006
	 	 	63775939	 

Collateral Encumbered:

(a) All Equipment leased under Schedule BF; (b) all personal property, including vehicles, leased
under said Schedule; (c) vehicles having the vehicle identification numbers shown on the attached
(which suc VIN #’s are not represented in full at the time of this filing); (d) replacements,
additions, substitutions, alterations, modifications of the collateral specified in clauses (b) and
(c) above; (e) insurance proceeds and indemnities payable in connection with the collateral
specified in clauses (b) and (c) above; and (f) proceeds of all the foregoing EQUIPMENT: STERLING
LT9500 (STRAIGHT TRUCK) 2FZHAZCK76A V6417812006 FALLSWAY 26’ (DECK) CUSTOMDECK* V6417812006
FALLSWAY SL1190 (MISC) AXLE******* V6417812006 FALLSWAY (DECK) STRETCHDECK V6417822006 STERLING
LT9500 (STRAIGHT TRUCK) 2FZHAZCK56A V6418022006 FALLSWAY 26’ (DECK) CUSTOMDECK* V6418022006
FALLSWAY SL1190 (MISC) AXLE******* V6418032006 STERLING V6418022006 FALLSWAY SL1190 (MISC)
AXLE******* V6418032006 LT9500 (STRAIGHT TRUCK) 2FZHAZDE86A V6418232006 FALLSWAY 26’ (DECK)
CUSTOMDECK* V6418232006 FALLSWAY SL1190 (MISC) AXLE ******* V6418242006 STERLING LT9500 (STRAIGHT
TRUCK) 2FZHAZCK56A V6417742006 FALLSWAY 26’ (DECK) DECK******* V6417742006 FALLSWAY SL1190 (MISC)
AXLE*******V6417752006 FALLSWAY 26’ (DECK) AMI98BF1 0005252007 PETERBILT 340 (STRAIGHT TRUCK)
2NPRLD0X07M 73053362007 PETERBILT 340 (STRAIGHT TRUCK 2NPRLD0X27M 73053462006 FALLSWAY 26’ (DECK)
******* 73053472007 INTERNATIONAL 7600 (STRAIGHTTRUCK) 72006 FALLSWAY 26’ (DECK) AMI98BF1
0004372006 FALLSWAY SL1190 (MISC) AMI98BF1 0006482007 INTERNATIONAL 7600 (STRAIGHT TRUCK) AMI98BF1
0002582006 FALLSWAY 26’ (DECK) AMI98BF1 0004482006 FALLSWAY SL1190 (MISC) AMI98BF1 006892007
INTERNATIONAL 7600 (STRAIGHT TRUCK) AMI98BF1 0002692006 FALLSWAY 26’ (DECK) AMI98BF1 0004592006
FALLSWAY SL1190 (MISC) AMI98BF1 00069102007 INTERNATIONAL 7600 (STRAIGHT TRUCK) AMI98BF1
00027102006 FALLSWAY 26’ (DECK) AMI98BF1 00047102006 FALLSWAY SL1190 (MISC) AMI98BF1 00070112007
INTERNATIONAL 7600 (STRAIGHT TRUCK) AMI98BF1 00028112006 FALLSWAY 26’ (DECK) AMI98BF1 00048112006
FALLSWAY SL1190 (MISC) AMI98BF1 00071122007 INTERNATIONAL 7600 (STRAIGHT TRUCK) AMI98BF1
00029122006 FALLWAY 26’ (DECK) AMI98BF1 00049122006 FALLSWAY SL1190 (MISC) AMI98BF1 00072132006
FALLSWAY 26’ (DECK) AMI98BF1 00050132007 INTERNATIONAL 7600 (STRAIGHT TRUCK) AMI98BF100065142006
STERLING LT9513 (STRAIGHT TRUCK) 2FZHAZCVX6A V29810152006 STERLING LT9513 (STRAIGHT TRUCK)
2FZHAZCV56A U03421162006 STERLING LT9513 (STRAIGHT TRUCK) 2FZHAZCV26AV47721172006 STERLING LT9500
(STRAIGHT TRUCK) 172006 MORGAN (CURTAINSIDE) AMI98BF100033182006 STERLING LT9500 (STRAIGHT TRUCK)
AMI98BF1 00011182006 MORGAN (CURTAINSIDE) AMI98BF1 00034192006 MORGAN (CURTAINSIDE) AMI98BF1
00035202006 STERLING LT9500 (STRAIGHT TRUCK) AMI98BF1 00013202006 MORGAN (CURTAINSIDE) AMI98BF1
00036212006 STERLING LT9500 (STRAIGHT TRUCK) AMI98BF1 00014212006 MORGAN (CURTAINSIDE) AMI98BF1
00037222006 STERLING LT9500 (STRAIGHT TRUCK) AMI98BF1 00015222006 MORGAN (CURTAINSIDE) AMI98BF1
00038232006 STERLING LT9500 (STRAIGHT TRUCK) AMI98BF1 00016232006 MORGAN (CURTAINSIDE) AMI98BF1
00040242006 STERLING LT9500 (STRAIGHT TRUCK) AMI98BF1 00021242006 FALLSWAY 26’ (DECK) AMI98BF1
AMI98BF1 00051242006 MISC

 

A14

 

Collateral Encumbered (continued):

CONEYOR) AMI98BF1 00066GROUP:212006 MANITOU TMT 55 FLHT (FORKLIFT) 75311022006 MANITOU TMT 55 FLHT (FORKLIFT)***** 75364232006 MANITOU TMT 55 FKHT (FORKLIFT)*****
753719142006 MANITOU TMT 55 FLHT (FORKLIFT)***** 752730152006 MANITOU (FORKLIFT)***** 752377162006
MANITOU TMT 55 FLHT (FORKLIFT)***** 752376Group:31 2006 OTTAWA YT30 (YARD TRACTOR) 11VA813E16A
000446Group:412007 INTERNATIONAL 4400 (STRAIGHT TRUCK) AMI98BF4 0000112006 SUPREME 26’ (VAN BODY)
AMI98BF4 0002

Pursuant to contract 008-2224853-000568608 KONICA COPIER 50003901 161 661213 KONICA COPIER
205641484 161 661214 KONICA COPIER 50003600 161 661216 KONICA COPIER 50003600 161 661216 KONICA
COPIER 50003904 161 661221 KONICA COPIER 50002243 161 661222 KONICA COPIER 50003907 161 661231
KONICA COPIER 50003905 161 661232 KONICA COPIER 50002244 161 661233 KONICA COPIER 50003683 161
661235 KONICA COPIER 50003902 161 661242 KONICA COPIER 50001206 161 661244 KONICA COPIER 50002240
161 661245 KONICA COPIER 50002241 161 661246 KONICA COPIER 50003746 161661247 KONICA COPIER
50002267 161 661248 KONICA COPIER 50003355 161 661249 KONICA COPIER 50003257 161 661254 KONICA
COPIER 50002242 161 661255 KONICA COPIER 50002236 161 661257 KONICA COPIER 50003906 161 661258
KONICA COPIER 50003952 161 661260 KONICA COPIER 50003602 161 661261 KONICA COPIER 50002583 161
661262 KONICA COPIER 50003890 161 661263 KONICA COPIER 50003744 161 661264 KONICA COPIER 50002277
161 661265 KONICA COPIER 50002863 161 661266 KONICA COPIER 50002799 161661267 KONICA COPIER
50001520 161661273 KONICA COPIER 50002275 1616661274 KONICA COPIER 50002273 161661275 KONICA COPIER
50002274 161661277 KONICA COPIER 50002276 161661278 KONICA COPIER 50002272 161661279 KONICA COPIER
50001208 161661283 KONICA COPIER 50003871 161661284 KONICA COPIER 50003352 161661285 KONICA COPIER
30740883 180661286 KONICA COPIER 30738757 180661288 KONICA COPIER 30736665 180661289 KONICA COPIER
30735855 180661291 KONICA COPIER 30734756 180661292 KONICA COPIER 30738785 180661293 KONICA COPIER
30734758 180661294 KONICA COPIER 30740871 180661295 KONICA COPIER 30740892 180661297 KONICA
COPIER30734746 180661298 KONICA COPIER 30740886 180661299 KONICA COPIER 30734759 180661374 KONICA
COPIER 30734742 180661376 KONICA COPIER 30735783 180661377 KONICA COPIER 30738794 180661378 KONICA
COPIER 30734739 180661379 KONICA COPIER 30736654 180661380 KONICA COPIER 30740876 180661381 KONICA
COPIER 30740879 180 661382 KONICA COPIER 30734132 180 661388 KONICA COPIER 30734129 180 661390
KONICA COPIER 30740895 180 661391 KONICA COPIER 30740882 180 661392 KONICA COPIER 30715546 180
661394 KONICA COPIER 30EE05303 200 661395 KONICA COPIER 30EE11528 200 661396 KONICA COPIER
30EE10952 200 661397 KONICA COPIER 31109042 200 661401 KONICA COPIER 31109045 200 661402 KONICA
COPIER 31109116 200 661403 KONICA COPIER 31109205 200 661404 KONICA COPIER 31109129 200 661405
KONICA COPIER 30EE08470 200 661406 KONICA COPIER 30EE08467 200 661407 KONICA COPIER 30EE9965 200
661408 KONICA COPIER 31109108 200 661409 KONICA COPIER 30EE08308 200 661410 KONICA COPIER 31109145
200 661412 KONICA COPIER 31111123 200 661413 KONICA COPIER 30EE08473 200 661414 KONICA COPIER
30EE08168 200 661415 KONICA COPIER 30EE08966 200 661416 KONICA COPIER 30EE08469 200 661418 KONICA
COPIER 30EE09147 200 661419 KONICA COPIER 30EE05235 200 661424 KONICA COPIER 30EE05252 200 661426
KONICA COPIER 31111353 200 661427 KONICA COPIER 31109087 200 661428 KONICA COPIER 3111490 200
661430 KONICA COPIER 31111246 200 661431 KONICA COPIER 31111256 200 661432 KONICA COPIER 31111214
200 661433 KONICA COPIER 31115116 200 661437 KONICA COPIER 31112146 200 661441 KONICA COPIER
42GE02559 420PFC661442 KONICA COPIER 42GE02542 420PFC661444 KONICA COPIER 42GE02061 420 661446
KONICA COPIER 42GE01986 420 661448 KONICA COPIER 42GE01964 420 661450 KONICA COPIER 42GE02345 420
661453 KONICA COPIER 42GE01691 420 661455 KONICA COPIER 42GE02341 420 661456 KONICA COPIER
42GE01778 420 661457 KONICA COPIER 42GE01588 420 661458 KONICA COPIER 42GE01788 420 661459 KONICA
COPIER 42GE02338 420 661471 KONICA COPIER 42GE01720 420 661473 KONICA COPIER 42GE01717 420 661475
KONICA COPIER 42GE01615 420

 

A15

 

Collateral Encumbered (continued):

661476 KONICA COPIER 42GE02107 420 661477 KONICA COPIER 42GE02006 420 661479 KONICA COPIER 42ge02106 420 661480 KONICA
COPIER 31114720 350

31.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	BANC OF AMERICA

LEASING & CAPITAL,

LLC
	 	UCC-1
	 	11/10/2006
	 	 	63936051	 

Collateral Encumbered:

Pursuant to contract 008-224853-00: (2224853) 1 KONICA COPIER 161 50003906 1801 BELLE AVE STE 50
10196 6110 99999 460100 SACRAMENTO WY 95838 (2224853) 1 KONICA COPIER 180 30736665 5978 BROADWAY
10157 6110 99999 460100 DENVER 80216 (2224853) 1 KONICA COPIER 180 30738794 2922 I 70 BUS LOOP
10125 6110 99999 460100 GRAND JUNCTION 81504 (2224853) 1 KONICA COPIER 420 42GE02061 70 MEADOW ST
10134 6110 99999 460100 HARTFORD 06114 (2224853) 1 KONICA COPIER 161 50003952 9855 4 MINING DR
10232 6110 99999 460100 JACKSONVILLE 32257 (2224853) 1 KONICA COPIER 200 30EE08966 3122 C SHADER RD
10170 6110 99999 460100 ORLANDO 32808 (2224853) 1 KONICA COPIER 161 50001520 1770 BRECKENRIDGE PKWY
10237 6110 99999 460100 DULUTH 30096 (2224853) 1 KONICA COPIER 180 30735855 4850 N CHURCH LN 10158
6110 99999 460100 SMYRNA 30080 (2224853) 1 KONICA COPIER 420 42GE01964 3820 44TH AVE
10012 6110 99999 460100 CEDAR RAPIDS 52404 (2224853) 1 KONICA COPIER 161 50003355 1942 E COMMERCIAL
10192 6110 99999 460100 MERIDIAN 83642 (2224853) 1 KONICA COPIER 180 30734742 1470 MARK ST 10131
6110 99999 460100 ELK GROVE VILLAGE 60007 (2224853) 1 KONICA COPIER 180 30734739 512
30TH AVE 10183 6110 99999 460100 ROCK ISLAND 61201 (2224853) 1 KONICA COPIER 200
31109145 2500 VANTAGE DR 10229 6110 99999 460100 ELGIN 60123 (2224853) 1 KONICA COPIER 200 31109087
4081 RYAN DELANY CTR 10233 6110 99999 460100 GURNEE 60031 (2224853) 1 KONICA COPIER 161 50002236
8400 COLORADO ST 10230 6110 99999 460100 MERRILLVILLE 46410 (2224853) 1 KONICA COPIER 161 50002583
722 BLUE CRAB RD 3B 10234 6110 99999 460100 INDIANAPOLIS 46241 (2224853) 1 KONICA COPIER 161
50003890 5501 W MINNESOTA ST 10236 6110 99999 460100 INDIANAPOLIS 46241 (2224853) 1 KONICA COPIER
180 30715546 6737 E 30TH 10135 6110 99999 460100 INDIANAPOLIS 46219 (2224853) 1 KONICA
COPIER 180 30734746 5000 CRITTENDEN STE C 10142 6110 99999 460100 LOUISVILLE 40209 (2224853) 1
KONICA COPIER 180 30740883 845 WOBURN ST 10182 6110 99999 460100 WILMINGTON 01887 (2224853) 1
KONICA COPIER 200 30EE08308 9 YORK AVE 10164 6110 99999 460100 RANDOLPH 02368 (2224853) 1 KONICA
COPIER 200 30EE08470 8729 RITCHIE DR 10167 6110 99999 460100 CAPITOL HEIGHTS 20743 (2224853) 1
KONICA COPIER 200 30EE08467 3721 COMMERCE 10159 6110 99999 460100 BALTIMORE HIGHLANDS 21227
(2224853) 1 KONICA COPIER 350 31114720 1128 WILSO DR BALTIMORE 21223 (2224853) 1 KONICA COPIER 180
30740895 76 ST JAMES PORTLAND 04102 (2224853) 1 KONICA COPIER 161 50002243 862 47TH ST
10231 6110 99999 460100 GRAND RAPIDS 49509 (2224853) 1 KONICA COPIER 161 50002240 1700 E LINCOLN
AVE 10193 6110 99999 460100 MADISON HEIGHTS 48071 (2224853) 1 KONICA COPIER 180 30734759 6061
COMMERCE DR 10168 6110 99999 460100 WESTLAND 48185 (2224853) 1 KONICA COPIER 180 30734758 9775
58TH ST 10227 6110 99999 460100 MAPLE GROVE 55369 (2224853) 1 KONICA COPIER 200 31109042
400 W 86TH ST 10154 6110 99999 460100 BLOOMINGTON 55420 (2224853) 1 KONICA COPIER 200
31109045 400 W 86TH ST 10154 6110 99999 460100 BLOOM 55420 (2224853) 1 KONICA COPIER 161
50002242 2516 N EASTGATE UNIT 8 10166 6110 99999 460100 SPRINGFIELD 65803 (2224853) KONICA COPIER
200 31109108 13880 PARK STEED DR 10179

 

A16

 

Collateral Encumbered (continued):

6110 99999 460100 EARTH CITY 63045 (2224853) 1 KONICA COPIER 161 50003352 1724 KING AVE 10130 6110 99999 460100 BILLINGS 59102
(2224853) 1 KONICA COPIER 161 50003746 1306 N 23RD ST 10126 6110 99999 460100 WILMINGTON
28405 (2224853) 1 KONICA COPIER 161 50003744 324 B EDWARD DR 10181 6110 99999 460100 GREENSBORO
27409 (2224853) 1 KONICA COPIER 180 30740886 3800 FARM GATE RD 10011 4510 99999 460100 KINSTON
28504 (2224853) 1 KONICA COPIER 180 30740879 1215 UNITED DR 10129 6110 99999 460100 RALEIGH 27603
(2224853) 1 KONICA COPIER 200 30EE10952 3005 CROSSPOINT CTR 10146 6110 99999 460100 CHARLOTTE 28217
(2224853) 1 KONICA COPIER 420PFC 42GE02559 2800 FARM GATE RD 10011 4570 99999 460100 KINSTON 28504
(2224853) 1 KONICA COPIER 420PFC 42GE02542 3800 FARM GATE RD 10011 4570 99999 460100 KINGSTON 28504
(2224853) 1 KONICA COPIER 180 3073875735 STYERTOWNE RD 10137 6110 99999 460100 CLIFTON 07012
(2224853) 1 KONICA COPIER 180 30740892 770 EMERSON ST 10186 6110 99999 460100 ROCHESTER 14613
(2224853) 1 KONICA COPIER 180 30740882 6500 NEW VENTURE GEAR 10160 6110 99999 460100 EAST SYRACUSE
13057 (2224853) 1 KONICA COPIER 200 30EE11528 14 KRAFT AVE 10143 6110 99999 460100 ALBANY 12205
(2224853) 1 KONICA COPIER 200 30EE9965 303 WINDING RD 10152 6110 99999 460100 OLD BETHPAGE 11804
(2224853) 1 KONICA COPIER 420 42GE01986 2475 WALDEN AVE 10177 6110 99999 460100 CHEEKTOWAGA
NORTHWEST 14225 (2224853) 1 KONICA COPIER 161 205641484 4871 CORPORATE SW 10138 6110 99999 460100
CANTON 44706 (2224853) 1 KONICA COPIER 161 50002244 1385 CONGRESS RD 10007 4570 99999 460100 WEST
SALEM 44287 (2224853) 1 KONICA COPIER 161 50001206 3773 STATE RD 10001 7030 99999 460100 CUYAHOGA
FALLS 44223 (2224853) 1 KONICA COPIER 161 5000 2241 3361 NEEDMORE RD 10133 6110 99999 460100 DAYTON
45414 (2224853) 1 KONICA COPIER 161 50002275 3773 STATE RD 10001 7030 99999 460100 CUYAHOGA FALLS
44223 (2224853) 1 KONICA COPIER 161 50002273 3773 STATE RD 10001 7030 99999 460100 CUYAHOGA FALLS
44223 (2224853) 1 KONICA COPIER 161 50002274 3773 STATE RD 10001 7030 99999 460100 CUYAHOGA FALLS
44223 (2224853) 1 KONICA COPIER 161 50002276 3773 STATE RD 10001 7030 99999 460100 CUYAGA FALLS
44223 (2224853) 1 KONICA COPIER 161 50002272 3773 STATE RD 10001 7030 99999 460100 CUYAHOGA FALLS
44223 (2224853) 1 KONICA COPIER 161 50001208 3773 STATE RD 10001 7030 99999 406100 CUYAHOGA FALLS
44223 (2224853) 1 KONICA COPIER 161 50003871 3773 STATE RD 10001 7030 99999 460100 CUYAHOGA FALLS
44223 (2224853) 1 KONICA COPIER 180 30734756 13985 CONGRESS RD 10007 4570 99999 460100 WEST SALEM
44287 (2224853) 1 KONICA COPIER 180 30735783 3773 STATE RD 10001 7030 99999 460100 CUYAHOGA FALLS
44223 (2224853) 1 KONICA COPIER 180 30734132 3773 STATE RD 10007 7030 99999 460100 CUYAHOGA FALLS
44223 (2224853) 1 KONICA COPIER 180 30734129 3773 STATE RD 10007 7030 99999 460100 CUYAHOGA FALLS
44223 (2224853) 1 KONICA COPIER 200 30EE05303 3773 STATE RD 10007 7030 99999 460100 CUYAHOGA FALLS
44223 (2224853) 1 KONICA COPIER 200 31109116 13985 CONGRESS RD 10007 4570 99999 460100 WEST SALEM
44287 (2224853) 1 KONICA COPIER 200 31109205 13985 CONGRESS RD 10007 4570 99999 460100 WEST SALEM
44287 (2224853) 1 KONICA COPIER 200 31109129 13985 CONGRESS RD 10007 4570 99999 460100 WEST SALEM
44287 (2224853) 1 KONICA COPIER 200 30EE09147 3773 STATE RD 10001 7030 99999 460100 CUYAHOGA FALLS
44223 (2224853) 1 KONICA COPIER 200 30EE05235 14850 W 160TH ST 10176 6110 99999 460100
CLEVELAND 44135 (2224853) 1 KONICA COPIER 200 30EE05252 925 CALLENDAR BLVD 10173 6110 99999 460100
PAINESVILLE 44077 (2224853) 1 KONICA COPIER 200 31111353 880 MOE DR 10150 6110 99999 460100 AKRON
44310 (2224853) 1 KONICA COPIER 200 31111490 3773 STATE RD 10001 7030 99999 460100 CUYAHOGA FALLS
44223 (2224853) 1 KONICA COPIER 200 31111246 3773 STATE RD 10001 7030 99999 460100 CUYAHOGA FALLS
44223 (2224853) 1 KONICA COPIER 200 31111256 3773 STATE RD 10001 7030 99999 460100 CUYAHOGA FALLS
44223 (2224853 1 KONICA COPIER 200 31111214 3773 STATE RD 10001 7030 99999 460100 CUYAHOGA FALLS
44223 (2224853 1 KONICA COPIER 200 31115116 9109 MERIDAN WAY WEST CHESTER 45069 (2224853) 1 KONICA
COPIER 200 31112146 1770 BRECKENRIDGE PKWY SOLON 44139 (2224853) 1 KONICA COPIER 420 42GE01778 3773
STATE RD 10001 7030 99999 460100 CUYAHOGGA FALLS 44223

 

A17

 

Collateral Encumbered (continued):

(2224853) 1 KONICA COPIER 420 42GE01588 3773 STATE RD 10001 7030 99999 460100 CUYAHOGA FALLS 44223
(2224853) 1 KONICA COPIER 420 42GE01788 3773 STATE RD 10001 7030 99999 460100 CUYAHOGA FALLS 44223
(2224853) 1 KONICA COPIER 420 42GE02338 3773 STATE RD 10001 7030 99999 460100 CUYAHOGA FALLS 44223
(2224853) 1 KONICA COPIER 420 42GE01720 3773 STATE RD 10001 7030 99999 460100 CUYAHOGA FALLS 44223
(2224853) 1 KONICA COPIER 420 42GE01717 3773 STATE RD 10001 7030 99999 460100 CUYAHOGA FALLS 44223
(2224853) 1 KONICA COPIER 420 42GE1615 3773 STATE RD 10001 7030 99999 460100 CUYAHOGA FALLS 44223
(2224853) 1 KONICA COPIER 420 42GE02107 3773 STATE RD 10001 7030 99999 460100 CUYAHOGA FALLS 44223
(2224853) 1 KONICA COPIER 420 42GE02006 3773 STATE RD 10001 7030 99999 460100 CUYAHOGA FALLS 44223
(2224853) 1 KONICA COPIER 42GE02106 3773 STATE RD 10001 7030 99999 460100 CUYAHOGA FALLS 44223
(2224853) 1 KONICA COPIER 161 50003602 5205 NE 158TH AVE TUALATIN 97062 (2224853) 1
KONICA COPIER 161 50002799 969 MALTACK ST 10238 6110 99999 460100 WEST CHESTER 19383 (2224853) 1
KONICA COPIER 180 30738785 924 MARCON BLVD 10148 6110 99999 460100 ALLENTOWN 18103 (2224853) 1
KONICA COPIER 180 30740876 901 KATIE CT UNION SQ 10171 6110 99999 460100 HARRISBURG 17109 (2224853)
1 KONICA COPIER 200 30EE08473 292 CORLISS ST 10139 6110 99999 460100 PITTSBURGH 15220 (2224853) 1
KONICA COPIER 200 30EE08168 56 ASH CIR 10184 6110 99999 460100 WARMINSTER 18974 (2224853) 1 KONICA
COPIER161 50002277 225 A KERMIT LN 10228 6110 99999 460100 RAPID CITY 57701 (2224853) 1 KONICA
COPIER 161 50002863 2310 SYCAMORE AVE 10178 6110 99999 460100 KNOXVILLE 37921 (2224853) 1 KONICA
COPIER 200 31111123 900 FIBER GLASS RD 10147 6110 99999 460100 NASHVILLE 37210 (2224853) 1 KONICA
COPIER 161 50003257 4200 KNIGHTHURST 10008 4570 99999 460100 ENNIS 75119 (2224853) 1 KONICA COPIER
180 30736654 3812 ELM AVE 10145 6110 99999 460100 LUBBOCK 79404 (2224853) 1 KONICA COPIER 420
42GE02345 4200 KNIGHTHURST PLANT 10008 4570 99999 460100 ENNIS 75119 (2224853) 1 KONICA COPIER 420
42GE01691 4200 KNIGHTHURST PLANT 10008 4570 99999 460100 ENNIS 75119 (2224853) 1 KONICA COPIER 420
42GE02341 4200 KNIGHTHURST PLANT 10008 4570 99999 460100 ENNIS 75119 (2224853) 1 KONICA COPIER 161
50003901 915 WEST 2610 S 10151 6110 99999 460100 SALT LAKE CITY 84119 (2224853) 1 KONICA COPIER 161
50003904 485 SOUTH 1325 W 10190 6110 99999 460100 OREM 84058 (2224853) 1 KONICA COPIER 161 50003902
2150 WEST 3300 S 10156 6110 99999 460100 OGDEN 84401 (2224853) 1 KONICA COPIER 200 30EE08469 3433
INVENTORS RD 10189 6110 99999 460100 NORFOLK 23502 (2224853) 1 KONICA COPIER 161 50003600 6701 S
GLACIER 10194 6110 99999 460100 TUKWILA 98188 (2224853) 1 KONICA COPIER 50003905 NORTH 909 NELSON
10 10197 6110 99999 460100 SPOKANE 99202 (2224853) 1 KONICA COPIER 161 50002267 2922 SYENE RD 10172
6110 99999 460100 MADISON 53713 (2224853) 1 KONICA COPIER 180 30740871 2917 S 166TH ST
10161 6110 99999 460100 NEW BERLIN 53151 (2224853) 1 KONICA COPIER 161 50003683 2904 CHARLES AVE
10140 6110 99999 460100 DUNBAR 25064 (2224853) 1 KONICA COPIER 161 50003907 1625 EAST ST 10196 6110
99999 460100 CASPER 82601

 

A18

 

32.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	First Fleet Corporation
	 	UCC-1
	 	11/21/2006
	 	 	64060414	 

Collateral Encumbered:

(a) All Equipment leased under Schedule BE; (b) all personal property, including vehicles, leased
under said Schedules; (c) vehicle, having the vehicle identification numbers shown below and/or on
Lessee’s Certificates(s) of Acceptance; (d) replacements, additions, substitutions, alterations,
and modifications of the collateral specified in clauses (b) and (c) above; (e) insurance proceeds
and indemnities payable in connection with the collateral specified in clauses (b) and (c) above;
and (f) proceeds of all the foregoing Equipment: Vehicle ID Number (1) 2007 International 4400
Straight Truck HTMKAAO7H 483383 w/ (1) 2006 Supreme 26’ FRP Van Body

33.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	First Fleet Corporation
	 	UCC-1
	 	11/30/2006
	 	 	64170361	 

Collateral Encumbered:

(a) All Equipment leased under Schedule BJ; (b) all personal property, including vehicles, leased
under said Schedule; (c) vehicle, having the vehicle identification numbers shown below and/or on
Lessee’s Certificates(s) of Acceptance; (d) replacements, additions, substitutions, alterations,
and modifications of the collateral specified in clauses (b) and (c) above; (e) insurance proceeds
and indemnities payable in connection with the collateral specified in clauses (b) and (c) above;
and (f) proceeds of all the foregoing Equipment: VIN #2007 STRICK DRY VAN TRAILER E991S12E95347E
5174722007 STRICK DRY VAN TRAILER E991S12E95367E 5174732007 STRICK DRY VAN TRAILER E991S12E95387E
5174742007 STRICK DRY VAN TRAILER E991S12E953X7E 5174752007 STRICK DRY VAN TRAILER E991S12E95317E
517476

 

A19

 

34.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	FIRST FLEET

CORPORATION
	 	UCC-1
	 	12/16/2006
	 	 	64411724	 
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	FIRST FLEET

CORPORATION
	 	UCC-1
	 	05/30/2007
	 	 	64411724	 

Collateral Encumbered:

(a) All Equipment leased under ScheduleBE; (b) all personal property, including vehicles, leased
under said Schedule; (c) vehicle, having the vehicle identification numbers shown below and/or on
Lessee’s Certificates(s) of Acceptance; (d) replacements, additions, substitutions, alterations,
and modifications of the collateral specified in clauses (b) and (c) above; (e) insurance proceeds
and indemnities payable in connection with the collateral specified in clauses (b) and (c) above;
and (f) proceeds of all the foregoing Equipment: VIN’s: 2007 FREIGHTLINER SLEEPER CL1201FUJA6CK17L
X428942007 FREIGHTLINER SLEEPER CL1201FUJA6C27L Y863422007 FREIGHTLINER SLEEPER CL1201FUJA6CK47L
Y863432007 FREIGHTLINER SLEEPER CL1201FUJA6CK97L X429032007 FREIGHTLINER SLEEPER CL1201 FUJA6CK37L
X428952007 FREIGHTLINER SLEEPER CL1201FUJA6CK57L X428962007 FREIGHTLINER SLEEPER CL1201FUJA6CK77L
X428972007 FREIGHTLINER SLEEPER CL1201FUJA6CK97L X428982007 FREIGHTLINER SLEEPER CL1201FUJA6CK07L
X428992007 FREIGHTLINER SLEEPER CL1201FUJA6CK37L X429002007 FREIGHTLINER SLEEPER CL1201FUJA6CK57L
X429012007 FREIGHTLINER SLEEPER CL1201FUJA6CK77L X429022007 FREIGHTLINER DAYCAB CORONADO
CC1321FUJCRCK07P Y22952

Collateral Encumbered:

Equipment: VIN’s: 2007 FREIGHTLINER SLEEPER CL1201FUJA6CK17L X428942007 FREIGHTLINER SLEEPER
CL1201FUJA6CK27L Y863422007 FREIGHTLINER SLEEPER CL1201FUJA6CK47L Y863432007 FREIGHTLINER SLEEPER
CL1201FUJA6CK97L X429032007 FREIGHTLINER SLEEPER CL1201FUJA6CK37L X428952007 FREIGHTLINER SLEEPER
CL1201FUJA6CK57L X428962007 FREIGHTLINER SLEEPER CL1201FUJA6CK77L X428972007 FREIGHTLINER SLEEPER
CL1201FUJA6CK97L X428982007 FREIGHTLINER SLEEPER CL1201FUJA6CK07L X428992007 FREIGHTLINER SLEEPER
CL1201FUJA6CK37L X429002007 FREIGHTLINER SLEEPER CL1201FUJA6CK57L X429012007 FREIGHTLINER SLEEPER
CL1201FUJA6CK77L X429022007 FREIGHTLINER DAYCAB CORONADO CC1321FUJCRCK07P Y22952

 

A20

 

35.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	First Fleet Corporation
	 	UCC-1
	 	02/16/2007
	 	 	70630250	 

Collateral Encumbered:

(a) All Equipment leased under Schedule BI; (b) all personal property, including vehicles leased
under said Schedule; (c) vehicles, including but not limited to Sterling Straight trucks with
Morgan curtainside body, Fallsway deck, and Cormach cranes, having the vehicle
identification/serial numbers shown below and/or on Lessee’s Certificate(s) of Acceptance; (d)
replacements, additions, substitutions, alterations, and modifications of the collateral specified
in clauses (b) and (c) above; (e) insurance proceeds and indemnities payable in connection with the
collateral specified in clauses (b) and (c) above; and (f) proceeds of all the foregoing Equipment:
VIN #2006 MORGAN CURTAINSIDE AMI98BF1 000372007 STERLING STRAIGHT TRUCK ***** Y339722007 STERLING
STRAIGHT TRUCK AMI98BI1 000142007 CORMACH CRANE 34000E6 000172007 STERLING STRAIGHT TRUCK AMI98BI1
000132007 CORMACH CRANE 3400E6AMI98BI1 000162007 STERLING STRAIGHT TRUCK AMI98BI1 000152007 CORMACH
CRANE 34000E6AMI98BI1 000182007 MORGAN CURTAINSIDE AMI98BF1 000382007 STERLING STRAIGHT TRUCK *****
Y339732007 MORGAN CURTAINSIDE AMI98BI1 000072007 STERLING STRAIGHT TRUCK ***** X544382007 MORGAN
CURTAINSIDE AMI98BI1 00082007 STERLING STRAIGHT TRUCK ***** X544392007 MORGAN CURTAINSIDE AMI98BI1
000092007 STERLING STRAIGHT TRUCK ***** X544402007 MORGAN CURTAINSIDE AMI98BI1 000102007 STERLING
STRAIGHT TRUCK ***** Z157992007 MORGAN CURTAINSIDE AMI98BI1 000112007 STERLING STRAIGHT TRUCK *****
Z158002007 MORGAN CURTAINSIDE AMI98BI1 000122007 STERLING STRAIGHT TRUCK ***** Z158012006 FALLSWAY
DECK 26’ AMI98BF1 000502007 STERLING STRAIGHT TRUCK 2FZHAZCG57A Y27538

36.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELEWARE

	 	FIRST FLEET

CORPORATION
	 	UCC-1
	 	02/16/2007
	 	 	70630375	 

Collateral Encumbered:

(a) All Equipment leased under Schedule BL, dated January 24, 2007 incorporating Agreement of Lease
AMI98, dated June 1, 1998, as amended by Amendment No. 1 effective as of February 11, 1999, and by
Amendment No. 2 dated May 31, 2001, each between Debtor as Lessee and First Fleet Corporation as
Lessor; (b) all personal property, including vehicles leased under said Schedule; (c) vehicles,
including but not limited to Ford straight truck and Fallsway platform, having the vehicle
identification/serial numbers shown below and/or on Lessee’s Certificate(s) of Acceptance; (d)
replacement, additions, substitutions, alterations, and modifications of the collateral specified
in clauses (b) and (c) above; (e) insurance proceeds and indemnities payable in connection with the
collateral specified in clauses (b) and (c) above; and (f) proceeds of all the foregoing
Equipment:

VIN #2007 Fallsway Platform *******6401002007 FORD Straight Truck F4501FDX47P77E B40403

 

A21

 

37.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELEWARE

	 	FIRST FLEET

CORPORATION
	 	UCC-1
	 	04/03/2007
	 	 	71240679	 
	 
	 	 	 	 	 	 	 	 	 	 
	DELEWARE

	 	BANK OF THE WEST

AND ITS SUCCESSORS

OR ASSIGNS
	 	UCC-1
	 	05/29/2008
	 	Amendment
81833068

Collateral Encumbered:

(a) All Equipment leased under Schedule BK, dated March, 2007, incorporating Agreement of Lease
AMI98, dated June 1, 1998, as amended by Amendment No. 1 effective as of February 11, 1999, and by
Amendment No. 2 dated May 31, 2001, each between Debtor as Lessee and First Fleet Corporation as
Lessor; (b) all personal property, including vehicles (trailers), leased under said Schedule; (c)
vehicles, including but not limited to Wabash dry van trailers, having the vehicle
identification/serial numbers shown below and/or on Lessee’s Certificate(s) of Acceptance; (d)
replacements, additions, substitutions, alterations, and modifications of the collateral specified
in clauses (b) and (c) above; (e) insurance proceeds and indemnities payable and (f) proceeds of
all the foregoing Equipment:

1WABASH 2007DVCVHPC 28 DRY VAN TRAILER1JJV482W58L

1025662WABASH2007DVCVHCP 28 DRY VAN TRAILER1JJV482W78L

1025673WABASH2007DVCVHPC 28 DRY VAN TRAILER1JJV482W98L

1025684WABASH2007DVCVHPC 28 DRY VAN TRAILER1JJV482W08L

1025695WABASH2007DVCVHPC 28 DRY VAN TRAILER1JJV482W78L

1025706WABASH2007DVCVHPC 28 DRY VAN TRAILER1JJV482W98L

1025717WABASH2007DVCVHPC 28 DRY VAN TRAILER1JJV482W08L

1025728WABASH2007DVCVHPC 28 DRY VAN TRAILER1JJV482W28L

1025793WABASH2007DVCVHPC 28 DRY VAN TRAILER1JJV482W48L

10257410WABASH2007DVCVHPC 28 DRY VAN TRAILER1JJV482W68L102575

Collateral Encumbered:

Same as above

38.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELEWARE

	 	FIRST FLEET

CORPORATION
	 	UCC-1
	 	04/04/2007
	 	 	712655700	 

Collateral Encumbered:

(a) All Equipment leased under Schedule BM, dated March 30, 2007 incorporating Agreement of Lease
AMI98, dated June 1, 1998, as amended by Amendment No. 1 effective as of February 11, 1999, and by
Amendment No. 2 dated May 31, 2001, each between Debtor as Lessee and First Fleet Corporation as
Lessor; (b) all personal property, including vehicles leased under said Schedule; (c) vehicles,
including but not limited to Ford straight truck and Fallsway platform, having the vehicle
identification/serial numbers shown below and/or on Lessee’s Certificate(s) of Acceptance; (d)
replacement, additions, substitutions, alterations, and modifications of the collateral specified
in clauses (b) and (c) above; (e) insurance proceeds and indemnities payable in connection with the
collateral specified in clauses (b) and (c) above; and (f) proceeds of all the foregoing
Equipment:

2007 FREIGHTLINER CL120SLEEPER1FUJA6CK07L Y60483

 

A22

 

39.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	FIRST FLEET

CORPORATION
	 	UCC-1
	 	05/18/2007
	 	 	71897148	 

Collateral Encumbered:

(a) All Equipment leased under Schedule BG, dated March 30, 2007 incorporating Agreement of Lease
AMI98, dated June 1, 1998, as amended by Amendment No. 1 effective as of February 11, 1999, and by
Amendment No. 2 dated May 31, 2001, each between Debtor as Lessee and First Fleet Corporation as
Lessor; (b) all personal property, including vehicles leased under said Schedule; (c) vehicles,
including but not limited to Ford straight truck and Fallsway platform, having the vehicle
identification/serial numbers shown below and/or on Lessee’s Certificate(s) of Acceptance; (d)
replacement, additions, substitutions, alterations, and modifications of the collateral specified
in clauses (b) and (c) above; (e) insurance proceeds and indemnities payable in connection with the
collateral specified in clauses (b) and (c) above; and (f) proceeds of all the foregoing
Equipment:

Group 1: VIN2008 INTERNATIONAL SLEEPER PROSTAR2HSCWAPR78C 55775

Group 2 : VIN2008 INTERNATIONAL DAYCAB PROSTAR2HSCWAPR98C 55677

Group 3: VIN2007 OTTAWA YARD TRACTOR C-30 11VF813EX7A 000145

40.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	DELAWARE

	 	FIRST FLEET

CORPORATION
	 	UCC-1
	 	05/18/2007
	 	 	71897155	 

Collateral Encumbered:

(a) All Equipment leased under Schedule BN, dated May 11, 2007 incorporating Agreement of Lease
AMI98, dated June 1, 1998, as amended by Amendment No. 1 effective as of February 11, 1999, and by
Amendment No. 2 dated May 31, 2001, each between Debtor as Lessee and First Fleet Corporation as
Lessor; (b) all personal property, including vehicles leased under said Schedule; (c) vehicles,
including but not limited to Ford straight truck and Fallsway platform, having the vehicle
identification/serial numbers shown below and/or on Lessee’s Certificate(s) of Acceptance; (d)
replacement, additions, substitutions, alterations, and modifications of the collateral specified
in clauses (b) and (c) above; (e) insurance proceeds and indemnities payable in connection with the
collateral specified in clauses (b) and (c) above; and (f) proceeds of all the foregoing
Equipment:

VIN2007 STRICK DRY VAN TRAILER E991S12E95337E 5174772007 STRICK DRY VAN TRAILER E991S12E95357E
5174782007 STRICK DRY VAN TRAILER E991S12E95377E 5174792007 STRICK DRY VAN TRAILER E991S12E95337E
517480

 

A23

 

41.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	FIRST FLEET

CORPORATION
	 	UCC-1
	 	06/21/2007
	 	 	72348802	 

Collateral Encumbered:

(a) All Equipment leased under Schedule BP, dated June 18, 2007 incorporating Agreement of Lease
AMI98, dated June 1, 1998, as amended by Amendment No. 1 effective as of February 11, 1999, and by
Amendment No. 2 dated May 31, 2001, each between Debtor as Lessee and First Fleet Corporation as
Lessor; (b) all personal property, including vehicles leased under said Schedule; (c) vehicles,
including but not limited to Ford straight truck and Fallsway platform, having the vehicle
identification/serial numbers shown below and/or on Lessee’s Certificate(s) of Acceptance; (d)
replacement, additions, substitutions, alterations, and modifications of the collateral specified
in clauses (b) and (c) above; (e) insurance proceeds and indemnities payable in connection with the
collateral specified in clauses (b) and (c) above; and (f) proceeds of all the foregoing
Equipment:

Group 1: STERLING 2007LT9500STRAIGHT TRUCKAMI98BP1 00001FALLSWAY 2000FBR635 (35’)CONVEYORAMI98BP1
0002

Group 2: INTERNATIONAL 20037500STRAIGHT TRUCK1HTWNADT13J 054270FALLSWAY
2007FBR-6-36CONVEYOR*****CL0407 509371

42.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	FIRST FLEET

CORPORATION
	 	UCC-1
	 	06/28/2007
	 	 	72456225	 

Collateral Encumbered:

(a) All Equipment leased under Schedule BQ, dated June 27, 2007 incorporating Agreement of Lease
AMI98, dated June 1, 1998, as amended by Amendment No. 1 effective as of February 11, 1999, and by
Amendment No. 2 dated May 31, 2001, each between Debtor as Lessee and First Fleet Corporation as
Lessor; (b) all personal property, including vehicles leased under said Schedule; (c) vehicles,
including but not limited to Ford straight truck and Fallsway platform, having the vehicle
identification/serial numbers shown below and/or on Lessee’s Certificate(s) of Acceptance; (d)
replacement, additions, substitutions, alterations, and modifications of the collateral specified
in clauses (b) and (c) above; (e) insurance proceeds and indemnities payable in connection with the
collateral specified in clauses (b) and (c) above; and (f) proceeds of all the foregoing
Equipment:

1FALLSWAY2007 AXLE AMI98BQ1 000021 FALLSWAY2007SL1190DECK AMI98BQ1 000031STERLING2007LT9500STRAIGHT
TRUCK2FZHAZCV97A Y30263

 

A24

 

43.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	FIRST FLEET

CORPORATION
	 	UCC-1
	 	07/17/2007
	 	 	72684438	 

Collateral Encumbered:

(a) All Equipment leased under Schedule BO, dated May 18, 2007 incorporating Agreement of Lease
AMI98, dated June 1, 1998, as amended by Amendment No. 1 effective as of February 11, 1999, and by
Amendment No. 2 dated May 31, 2001, each between Debtor as Lessee and First Fleet Corporation as
Lessor; (b) all personal property, including vehicles leased under said Schedule; (c) vehicles,
including but not limited to Ford straight truck and Fallsway platform, having the vehicle
identification/serial numbers shown below and/or on Lessee’s Certificate(s) of Acceptance; (d)
replacement, additions, substitutions, alterations, and modifications of the collateral specified
in clauses (b) and (c) above; (e) insurance proceeds and indemnities payable in connection with the
collateral specified in clauses (b) and (c) above; and (f) proceeds of all the foregoing
Equipment:

(1) 2007 Freightliner M2 straight truck with 2007 Morgan GVCD10328102 curtainside body

44.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	TECHNOLOGY

INVESTMENT

PARTNERS, LLC
	 	UCC-1
	 	09/19/2007
	 	 	73543740	 

Collateral Encumbered:

All of the equipment and all modifications, additions, replacements and substitutions and proceeds
thereto, in whole or in part, on Equipment Lease Agreement # 070638-000 dated September 19, 2007,
between Associated Materials Incorporated, as lessee, and Technology Investment Partners, LLC, as
lessor, together with all rental payments and other amounts payable under the lease and interest in
the software, licenses and services described therein and all rights to payment thereunder,
including all warranty claims and rights to any refund, indemnification, and/or abatement to which
lessee becomes entitled, no matter how or when arising, whether such rights are classified as
accounts, general intangibles, or otherwise.

 

A25

 

45.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	FIRST FLEET

CORPORATION
	 	UCC-1
	 	09/21/2007
	 	 	73575726	 

Collateral Encumbered:

(a) All Equipment leased under Schedule BR, dated September 13, 2007 incorporating Agreement of
Lease AMI98, dated June 1, 1998, as amended by Amendment No. 1 effective as of February 11, 1999,
and by Amendment No. 2 dated May 31, 2001, each between Debtor as Lessee and First Fleet
Corporation as Lessor; (b) all personal property, including vehicles leased under said Schedule;
(c) vehicles, including but not limited to Ford straight truck and Fallsway platform, having the
vehicle identification/serial numbers shown below and/or on Lessee’s Certificate(s) of Acceptance;
(d) replacement, additions, substitutions, alterations, and modifications of the collateral
specified in clauses (b) and (c) above; (e) insurance proceeds and indemnities payable in
connection with the collateral specified in clauses (b) and (c) above; and (f) proceeds of all the
foregoing Equipment:

1FALLSWAY2007FBR-6-36CONVEYOR*****CL0707 5142211STERLING2007LT9500STRAIGHT TRUCK2FZHAZCV37A Y30260

46.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	DE LAGE LANDEN
FINANCIAL SERVICES,
INC.
	 	UCC-1
	 	09/25/2007

10/29/2008
	 	 	73625901	 

Debtor: ASSOCIATED MATERIALS, LLC

Collateral Encumbered:

ALL EQUIPMENT OF ANY MAKE OR MANUFACTURE, TOGETHER WITH ALL ACCESSORIES AND ATTACHMENTS FINACNE FOR
OR LEASED TO LESSEE BY LESSOR UNDER MASTER LEASE AGREEMENT NUMBER 509.

 

A26

 

47.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	FIRST FLEET

CORPORATION
	 	UCC-1
	 	10/16/2007
	 	 	73889457	 
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	BANK OF WEST AND

ITS SUCESSORS
	 	UCC-1
	 	05/28/2008
	 	Amendment
81817186

Collateral Encumbered:

(a) All Equipment leased under Schedule BS, dated October 10, 2007 incorporating Agreement of Lease
AMI98, dated June 1, 1998, as amended by Amendment No. 1 effective as of February 11, 1999, and by
Amendment No. 2 dated May 31, 2001, each between Debtor as Lessee and First Fleet Corporation as
Lessor; (b) all personal property, including vehicles leased under said Schedule; (c) vehicles,
including but not limited to Ford straight truck and Fallsway platform, having the vehicle
identification/serial numbers shown below and/or on Lessee’s Certificate(s) of Acceptance; (d)
replacement, additions, substitutions, alterations, and modifications of the collateral specified
in clauses (b) and (c) above; (e) insurance proceeds and indemnities payable in connection with the
collateral specified in clauses (b) and (c) above; and (f) proceeds of all the foregoing
Equipment:

(Description/VIN/Serial#):

1FALLSWAY200726’DECK**********0 7614331STERLING2007LT9500STRAIGHT TRUCK2FZHAZCV77A
Y302592FALLSWAY2007FBR-6-36CONVEYORAMI98BS1000042STERLING2007LT9500STRAIGHT TRUCK2FZHAZCV57A
Y302613FALLSWAY2007FBR-6-36CONVEYORAMI98BS1 000033STERLING2007LT9500STRAIGHT TRUCK2FZHAZCK07A

Collateral Encumbered

Same as above

48.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	FIRST FLEET

CORPORATION
	 	UCC-1
	 	11/19/2007
	 	 	74406178	 

Collateral Encumbered:

(a) All Equipment leased under Schedule BF, dated May 20, 2006 incorporating Agreement of Lease
AMI98, dated June 1, 1998, as amended by Amendment No. 1 effective as of February 11, 1999, and by
Amendment No. 2 dated May 31, 2001, each between Debtor as Lessee and First Fleet Corporation as
Lessor; (b) all personal property, including vehicles leased under said Schedule; (c) vehicles,
including but not limited to Ford straight truck and Fallsway platform, having the vehicle
identification/serial numbers shown below and/or on Lessee’s Certificate(s) of Acceptance; (d)
replacement, additions, substitutions, alterations, and modifications of the collateral specified
in clauses (b) and (c) above; (e) insurance proceeds and indemnities payable in connection with the
collateral specified in clauses (b) and (c) above; and (f) proceeds of all the foregoing
Equipment:

Group 11 STERLING2006LT9500STRAIGHT TRUCK2FZHACK76A 51725222007 FALLSWAY (AXLE) **********0
78168422007 STERLING LT9500 (STRAIGHT TRUCK) 2FZHAZCV57A Y3026132007 FALLSWAY FBR-6-36 (CONVEYOR)
ROCHESTER NY LOC#:

29388*****CL0907 51725132007 FALLSWAY (AXLE)*********07 81684332007 STERLING
LT9500 (STRAIGHT TRUCK) 2FZHAZCK07A Y30271

 

A27

 

49.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	FIRST FLEET

CORPORATION
	 	UCC-1
	 	12/10/2007
	 	 	74651526	 

Collateral Encumbered:

(a) All Equipment leased under Schedule BU, dated November 22, 2007 incorporating Agreement of
Lease AMI98, dated June 1, 1998, as amended by Amendment No. 1 effective as of February 11, 1999,
and by Amendment No. 2 dated May 31, 2001, each between Debtor as Lessee and First Fleet
Corporation as Lessor; (b) all personal property, including vehicles leased under said Schedule;
(c) vehicles, including but not limited to Ford straight truck and Fallsway platform, having the
vehicle identification/serial numbers shown below and/or on Lessee’s Certificate(s) of Acceptance;
(d) replacement, additions, substitutions, alterations, and modifications of the collateral
specified in clauses (b) and (c) above; (e) insurance proceeds and indemnities payable in
connection with the collateral specified in clauses (b) and (c) above; and (f) proceeds of all the
foregoing Equipment:

Description/VIN:FREIGHTLINER2008CASCADIA 125SLEEPER 1FUJGLCK48L Z65879

50.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	FIRST FLEET

CORPORATION
	 	UCC-1
	 	12/19/2007
	 	 	74804075	 

Collateral Encumbered:

(1)New Toyota Forklift Model 8FGU25 Serial Number 14143 with a 5,000 lb capacity, Cascade
Sideshifter, 48” Forks, Backup Alarm, 189 FSV Mast, Strobe Light, 33 lb LP Tank, Solid Pneumatic
Tires Rear Combo Lights

 

A28

 

51

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	FIRST FLEET

CORPORATION
	 	UCC-1
	 	12/31/2007
	 	 	74914452	 

Collateral Encumbered:

(a) All Equipment leased under Schedule BW, dated December 12, 2007 incorporating Agreement of
Lease AMI98, dated June 1, 1998, as amended by Amendment No. 1 effective as of February 11, 1999,
and by Amendment No. 2 dated May 31, 2001, each between Debtor as Lessee and First Fleet
Corporation as Lessor; (b) all personal property, including vehicles leased under said Schedule;
(c) vehicles, including but not limited to Ford straight truck and Fallsway platform, having the
vehicle identification/serial numbers shown below and/or on Lessee’s Certificate(s) of Acceptance;
(d) replacement, additions, substitutions, alterations, and modifications of the collateral
specified in clauses (b) and (c) above; (e) insurance proceeds and indemnities payable in
connection with the collateral specified in clauses (b) and (c) above; and (f) proceeds of all the
foregoing Equipment:

Group 1: 1INTERNATIONAL2007GCSD97-26BOX**MPA07VB93 707001

Group 2: 1INTERNATIONAL2007STRAIGHT TRUCK1HTXHSCT87J 5585961FALLSWAY2007 ‘FLATBED BODY**********0
7912082FALLSWAY200726 ‘FLATBED BODYAMI98BW2 0000052INTERNATIONAL2007STRAIGHT TRUCK1HTXHSCTX7J
5582923FALLSWAY200726 ‘FALLSWAY BODY**********0 7912093STERLING2007AT9513STRAIGHT TRUCK2FZHAZCV37A
X86759

52.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	TECHNOLOGY

INVESTMENT

PARTNERS, LLC
	 	UCC-1
	 	01/09/2008
	 	 	80110112	 

Collateral Encumbered:

All of the equipment and all modification, additions, replacements and substitutions and proceeds
thereto, in whole or in part, on Lease Agreement #080025-000 dated January 9, 2008, between
Associated Materials Incorporated, as lessee, and Technology Investment Partners, LLC as lossor,
together with all rental payments and other amounts payable under the lease including all proceeds
and insurance proceeds

 

A29

 

53.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	FIRST FLEET

CORPORATION
	 	UCC-1
	 	01/14/2008
	 	 	80154433	 

Collateral Encumbered:

(a) All Equipment leased under Schedule BT, dated January 10, 2008 incorporating Agreement of Lease
AMI98, dated June 1, 1998, as amended by Amendment No. 1 effective as of February 11, 1999, and by
Amendment No. 2 dated May 31, 2001, each between Debtor as Lessee and First Fleet Corporation as
Lessor; (b) all personal property, including vehicles leased under said Schedule; (c) vehicles,
including but not limited to Ford straight truck and Fallsway platform, having the vehicle
identification/serial numbers shown below and/or on Lessee’s Certificate(s) of Acceptance; (d)
replacement, additions, substitutions, alterations, and modifications of the collateral specified
in clauses (b) and (c) above; (e) insurance proceeds and indemnities payable in connection with the
collateral specified in clauses (b) and (c) above; and (f) proceeds of all the foregoing
Equipment:

1FREIGHTLINER2007M2STRAIGHT
TRUCK1FVHCYDJ47HZ158031MORGAN2007GVCD10328102CURTAINSIDE2FREIGHTLINER2007M2STRAIGHT
TRUCK1FVHCYDJ667HZ158042MORGAN2007GVCD10326102CURTAINSIDE

54.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	H.B. FULLER COMPANY
	 	UCC-1
	 	03/27/2008
	 	 	81064920	 

Collateral Encumbered:

The following equipment installed at two locations as shown: Bothell, WAGRACO THERM-O-FLOW PLUS 480
VOLT /MEGA FLOW/65:1 KING/CHECK-MATE 800with 15’hose #115877 hot melt E/S gun # 245198#1. Part #
972803 series # K044SYSTEM #KING/CHECK-MATE 800with 15’ hose # 115877 hotmelt E/S gun # 245198#2.
Part 971813 / series # GO3ASYSTEM # HM55-E-36131NNNARN

 

A30

 

55.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	GENERAL ELECTRIC CAPITAL CORPORATION
	 	UCC-1
	 	04/04/2008
	 	 	81196078	 

Collateral Encumbered:

This Financing Statement covers the equipment and other assets described below and/or on any annex,
schedule and/or exhibit hereto (which is to be considered an integral part hereof), plus all
existing and future replacements, exchanges and substitutions therefor, attachments, accessories,
accessions and additions thereto, and insurance, lease, sublease and other proceeds thereof

Equipment: 2 2008 moffett model TM55-4 way mounted lift truck serial numbers: G500120, G490230

56.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	TECHNOLOGY INVESTMENT PARTNERS, LLC
	 	UCC-1
	 	04/08/2008
	 	 	81216900	 
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	NATIONAL CITY COMMERCIAL CAPITAL COMPANY, LLC
	 	UCC-1
	 	10/20/2008
	 	Amendment 83522982

Collateral Encumbered:

All of the equipment and all modification, additions, replacement and substitutions and proceeds
thereto, in whole or in part, on Lease Agreement #080269-000 dated April 7, 2008, between
Associated Materials Incorporated, as lessee, and Technology Investment Partners, LLC, as lessor,
together with all rental payments and other amounts payable under the lease including all in the
software, licenses and services described therein and all rights to payment thereunder, including
all warranty claims and rights to any refund, indemnification, and/or abatement to which lessee
becomes entitled, no matter how or when arising, whether such rights are classified as accounts,
general intangibles, or otherwise

Collateral Encumbered:

Secured Party assigns all of its right, title and interest in the above reference financing
statement to Assignee

 

A31

 

57.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	GENERAL ELECTRIC CAPITAL CORPORATION
	 	UCC-1
	 	04/11/2008
	 	 	81280161	 

Collateral Encumbered:

This Financing Statement covers the equipment and other assets described below and/or on any annex,
schedule and/or exhibit hereto (which is to be considered an integral part hereof), plus all
existing and future replacements, exchanges and substitutions therefor, attachments, accessories,
accessions and additions thereto, and insurance, lease, sublease and other proceeds thereof.

Equipment: 1 2008 Combilift model CB6000 Cube Multidirectional Lift Truck, serial number 10303,
which includes 234” Triple Mast, 42” Forks, Fork Positioner, Side Shifter, GM Engine, Hydrostatic
Drive, Headlights and Back Up Alarm

58.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	GENERAL ELECTRIC CAPITAL CORPORATION
	 	UCC-1
	 	04/23/2008
	 	 	81418191	 

Collateral Encumbered:

This Financing Statement covers the equipment and other assets described below and/or on any annex,
schedule and/or exhibit hereto (which is to be considered an integral part hereof), plus all
existing and future replacements, exchanges and substitutions therefor, attachments, accessories,
accessions and additions thereto, and insurance, lease, sublease and other proceeds thereof

Equipment: (2) 2008 Moffett, model M55, Forklift Trucks, 2 Stage Mast, serial numbers: G350298,
G370318 (4) 2008 Moffett, model TM55 4-WAY, Forklift Trucks with Sideshift, serial numbers:
H060150, H060010, H010040, H080340

 

A32

 

59.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	GENERAL ELECTRIC CAPITAL CORPORATION
	 	UCC-1
	 	05/01/2008
	 	 	81512761	 

Collateral Encumbered:

This Financing Statement covers the equipment and other assets described below and/or on any annex,
schedule and/or exhibit hereto (which is to be considered an integral part hereof), plus all
existing and future replacements, exchanges and substitutions therefor, attachments, accessories,
accessions and additions thereto, and insurance, lease, sublease and other proceeds thereof

Equipment:

1 2008 Combilift model C6000 Forklift Truck w/234” Triple Mast and Side Shifter serial number 10459

1 2008 Combilift model C6000 Forklift Truck w/238” Triple Mast and Side Shifter serial number 10386

1 2008 Combilift model C6000 Forklift Truck w/234” Triple Mast and Side Shifter serial number 10458

60.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	GENERAL ELECTRIC CAPITAL CORPORATION
	 	UCC-1
	 	05/02/2008
	 	 	81535960	 

Collateral Encumbered:

This Financing Statement covers the equipment and other assets described below and/or on any annex,
schedule and/or exhibit hereto (which is to be considered an integral part hereof), plus all
existing and future replacements, exchanges and substitutions therefor, attachments, accessories,
accessions and additions thereto, and insurance, lease, sublease and other proceeds thereof

Equipment: (2) 2007 Caterpillar, model P3000-LP Pneumatic Forklift Trucks with 188”(83) Triplex 3
Stage Mast and Intergral Sideshift, serial numbers: AT3410447, AT3410448

 

A33

 

61.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	GENERAL ELECTRIC CAPITAL CORPORATION
	 	UCC-1
	 	05/28/2008
	 	 	81826997	 

Collateral Encumbered:

This Financing Statement covers the equipment and other assets described below and/or on any annex,
schedule and/or exhibit hereto (which is to be considered an integral part hereof), plus all
existing and future replacements, exchanges and substitutions therefor, attachments, accessories,
accessions and additions thereto, and insurance, lease, sublease and other proceeds thereof

Equipment: 1 2008 Combilift model CB6000 Forklift Truck serial number: 10303

1 2008 Combilift model C6000 Forklift Truck serial # 10161 w/1 New Spreader Bar, Serial #A-1745

62.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	GENERAL ELECTRIC CAPITAL CORPORATION
	 	UCC-1
	 	06/18/2008
	 	 	82091070	 

Collateral Encumbered:

This Financing Statement covers the equipment and other assets described below and/or on any annex,
schedule and/or exhibit hereto (which is to be considered an integral part hereof), plus all
existing and future replacements, exchanges and substitutions therefor, attachments, accessories,
accessions and additions thereto, and insurance, lease, sublease and other proceeds thereof

Equipment: 4 2008 Moffett model TM55 4-WAY Truck Mounted Forklift serial numbers: H120220, H090220,
H080310, H110320

63.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	GENERAL ELECTRIC CAPITAL CORPORATION
	 	UCC-1
	 	07/17/2008
	 	 	82467361	 

Collateral Encumbered:

This Financing Statement covers the equipment and other assets described below and/or on any annex,
schedule and/or exhibit hereto (which is to be considered an integral part hereof), plus all
existing and future replacements, exchanges and substitutions therefor, attachments, accessories,
accessions and additions thereto, and insurance, lease, sublease and other proceeds thereof

Equipment: 1 Moffett model M55 Truck Mounted Forklift serial number G500158

5 2008 Moffett model TM55 4-Way Truck Mounted Forklift serial numbers: H150230, H120320, H140080,
H140330, H160250

 

A34

 

64.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	XEROX CORPORATION
	 	UCC-1
	 	08/08/2008
	 	 	82726691	 

Collateral Encumbered:

ONE (1) XEROX D242OC, ONE (1) XEROX D252EFIO AND ONE (1) XEROX W5687PTC TOGETHER WITH ALL PARTS,
ATTACHMENTS, ADDITIONS, REPLACEMENTS AND REPARIRS INCORPORATED IN OR AFFIXED THERETO. THIS FILING
IS FOR PROTECTIVE PURPOSES ONLY. NOTHING CONTAINED IN THE FINANCING STATEMENT, NOR THE FILING
THEREOF, SHALL BE DEEMED TO CONSTRUE THE LEASE, OR THE LEASING OF THE EQUIPMENT THEREUNDER, AS A
CONDITIONAL SALE OR INSTALLMENT SALE AGREEMENT, A LEASE IN THE NATURE OF A SECURITY AGREEMENT OR
ANYTHING OTHER THAN A TRUE LEASE OF PERSONAL PROPERTY.

65.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	GENERAL ELECTRIC CAPITAL CORPORATION
	 	UCC-1
	 	08/15/2008
	 	 	82796942	 

Collateral Encumbered:

This Financing Statement covers the equipment and other assets described below and/or on any annex,
schedule and/or exhibit hereto (which is to be considered an integral part hereof), plus all
existing and future replacements, exchanges and substitutions therefor, attachments, accessories,
accessions and additions thereto, and insurance, lease, sublease and other proceeds thereof

Equipment: 1 2008 Combilify model CB6000 Multi-Directional Lift Truck s/n 10699 with Spreader Bar
s/n A-1909

66.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS INCORPORATED
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	TECHNOLOGY INVESTMENT PARTNERS, LLC
	 	UCC-1
	 	09/25/2008
	 	 	83260831	 

Collateral Encumbered:

All of the equipment and all modifications, additions, replacements and substitutions and proceeds
thereto, in whole or in part, on Lease Agreement #080743-000, between Associated Materials
Incorporated, as lessee, and Technology Investment Partners, LLC, as lessor, together with all
rental payments and other amounts payable under the lease including all proceeds and insurance
proceeds, and all of lessee’s right, title and interest in the software, licenses and services
described therein and all rights to payment thereunder, including all warranty claims and rights to
any refund, indemnification, and/or abatement to which lessee becomes entitled, no matter how or
when arising, whether such rights are classified as accounts, general intangibles, or otherwise.

 

A35

 

67.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	IBM CREDIT, LLC
	 	UCC-1
	 	12/30/2008
	 	 	84318729	 

Collateral Encumbered:

All of the following equipment together with all related software, whether now owned or herafter
acquired and wherever located (all as more fully described on IBM Credit LLC Supplement(s) #
F64256) including one or more of the following: 2096-R07 (IBM), 9993-005 (IBM), 999S-001 (IBM),
(BPP-004 (IBM) upgrades thereto and any and all substitutions, replacements or exchanges for any
such item of equipment or software and any and all proceeds of any of the foregoing, including,
without limitation, payments under insurance or any indemnity or warrany relating to loss or damage
to such equipment and software. IBM Credit LLC files this notice as a precautionary filing. See UCC
9-505. (12/30/08) UCC Log Number: CPD00F64256 0298500

68.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	TOYOTA MOTOR CREDIT CORPORATION
	 	UCC-1
	 	03/12/2009
	 	 	90191712	 

Collateral Encumbered:

One new Toyota Forklift model 7FGAU50 serial number 70249 with one Rightline side shifting fork
positioned model E15C170223 serial number 085773, one set of 2.25 x 6 x 60 inch forks, and one
thirty three pound steel lp tank.

69.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	IBM CREDIT, LLC
	 	UCC-1
	 	03/19/2009
	 	 	90887114	 

Collateral Encumbered:

All of the following equipment together with all related software, whether now owned or hereafter
acquired and wherever located (all as more fully described on IBM Credit LLC Supplement(s) #
011096, 011098, F89860, F89884) including one or more of the following: 1750 — (IBM), 3590 —
(IBM), 7014 — (IBM), 1818-53A (IBM), 8852-4YU (IBM), 1818-D1A (IBM), 7014-T42 (IBM), 7995-R2U
(IBM), 7998-60x (IBM), 8852-4YU (IBM), 9992-003 (IBM), 9SSR-001 (IBM) all additions, attachments,
accessories, accessions and upgrades thereto and any and all substitutions, replacement or
exchanges for any such item of equipment or software and any and all proceeds of any of the
foregoing, including, without limitation, payments under insurance or any indemnity or warranty
relating to loss or damage to such equipment and software. IBM Credit LLC files this notice as a
precautionary filing. See UCC 9-505. UCC Log Number: U9077112454 0565968

 

A36

 

70.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	IBM CREDIT, LLC
	 	UCC-1
	 	04/15/2009
	 	 	91195228	 

Collateral Encumbered:

All of the following equipment together with all related software, whether now owned or hereafter
acquired and wherever located (all as more fully described on IBM Credit LLC Supplement(s) #
F90170) including one or more of the following: 7014-T42 (IBM), 7042-CR4 (IBM), 7212-103 (IBM),
7316-TF3 (IBM), 8203-E4A (IBM), 9992-003 (IBM), 9SSR-001 (IBM) all additions, attachments,
accessions and upgrades thereto and any and all substitutions, replacement or exchanges for any
such item of equipment or software and any and all proceeds of any of the foregoing, including,
without limitation, payments under insurance or any indemnity or warranty relating to loss or
damage to such equipment and software. IBM Credit LLC files this notice as a precautionary filing.
See UCC 9-505. (04/15/09 UCC Log Number: CPD00F90170 0298500

71.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	THE HUNTINGTON NATIONAL BANK
	 	UCC-1
	 	06/02/2009
	 	 	91727707	 

Collateral Encumbered:

All of the property described on attached

Moffett Lift Truck H250270 722 Blue Crab Rd., Suite B, Newport News, VA 23606

Moffett Lift Truck H280230 2917 South 166th St., New Berlin, WI 53151

Moffett Lift Truck H380360 13880 Parks Steed Dr., Earth City, MOS 63045

Moffett Lift Truck H220570 2922 Syene Rd., Madison, WI 53713

Moffett Lift Truck H340250 405 Maclean Ave, Suite #3, Louisville, KY 40209

Moffett Lift Truck H500280 1830 Lakeland Ave., Ronkonkoma, NY 11779

Moffett Lift Truck H460290 1900 W. Sunset Circel-C12 Springfield, MO 65807

Moffett Lift Truck H350320 1470 Market St., Elk Grove, IL 60007

Moffett Lift Truck H500270 400 West 86th St., Bloomington, MN 55420

Moffett Lift Truck I0600000 2310 Sycamore Dr., Knoxville, TN 37921

Moffett Lift Truck I090340 880 Moe Dr., Akron, OH 43310

Moffett Lift Truck I040230 8045-B Navarre Rd., Massillon, OH 44646

Moffett Lift Truck H480340 640 Dearborn Park Lane, Columbus, OH 43085

Moffett Lift Truck I040120 3361 Needmore Rd., Dayton, OH 45414

Moffett Lift Truck H4502401045 Brentwood Ct. Unit 18, Lexington, KY 40511

(which list may be all inclusive and may supplemented hereafter), plus all accessories, upgrades,
additions, and substitutions, replacement parts, tools, service/training manuals, software
licenses, warranty and maintenance agreement, permits and licenses required to own and/or operate
the property, subleases, chattel paper and general intangibles, related thereto, and all proceeds
there from (including, without limitation, insurance proceeds) now or hereafter existing. The
parties hereto acknowledge and agree that said is a true lease and the execution and filing of this
financing statement shall not be used as evidence to the contrary

 

A37

 

72.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	THE HUNTINGTON NATIONAL BANK
	 	UCC-1
	 	06/03/2009
	 	 	91743506	 

Collateral Encumbered:

All of the property described as Cormach Crane Model 34000 E8 with SL1190 Steerable Pusher Axles,
Serial #: 850509 (which list may not be all inclusive and may be supplemented hereafter), plus all
accessories, upgrades, additions, and substitutions, replacement parts, tools, service/training
manuals, software licenses, warranty and maintenance agreement, permits and licenses required to
own and/or operate the property, subleases, chattel paper and general intangibles, related thereto,
and all proceeds there from (including, without limitation, insurance proceeds) now or hereafter
existing. The parties hereto acknowledge and agree that said is a true lease and the execution and
filing of this financing statement shall not be used as evidence to the contrary

73.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	THE HUNTINGTON NATIONAL BANK
	 	UCC-1
	 	06/03/2009
	 	 	91753141	 

Collateral Encumbered:

All of the property described Conveyor with rear stabilizers SL1190 Axle with ACK 50, Serial #L
CL0408527333 (which list may not be all inclusive and may be supplemented hereafter), plus all
accessories, upgrades, additions, and substitutions, replacement parts, tools, service/training
manuals, software licenses, warranty and maintenance agreement, permits and licenses required to
own and/or operate the property, subleases, chattel paper and general intangibles, related thereto,
and all proceeds there from (including, without limitation, insurance proceeds) now or hereafter
existing. The parties hereto acknowledge and agree that said is a true lease and the execution and
filing of this financing statement shall not be used as evidence to the contrary

 

A38

 

74.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	THE HUNTINGTON NATIONAL BANK
	 	UCC-1
	 	07/01/2009
	 	 	92110135	 

Collateral Encumbered:

All of the property described below (which list may not be all inclusive and may be supplemented
hereafter), plus all accessories, upgrades, additions, and substitutions, replacement parts, tools,
service/training manuals, software licenses, warranty and maintenance agreement, permits and
licenses required to own and/or operate the property, subleases, chattel paper and general
intangibles, related thereto, and all proceeds there from (including, without limitation, insurance
proceeds) now or hereafter existing. The parties hereto acknowledge and agree that said is a true
lease and the execution and filing of this financing statement shall not be used as evidence to the
contrary. Cormach Crane with SL1190 Steerable Pusher Axles and Tag Axle Serial #’s 850510 —
Crane0911107 — Pusher Axle091166 — Tag Axle15 New Moffett Truck Mounted Lift Trucks Model TM55
4-WAY, Serial #’s: I060250, I130170, I080200, I050240, I130210, I080310, I150150, I150160, I090180,
I090350, H480250, I210120, H500140, I180140 and I220250New Combilift Multi-Directional Lift Truck
Model CB6000, Serial #: 13970

75.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	TECHNOLOGY INVESTMENT PARTNERS, L.L.C.
	 	UCC-1
	 	09/24/2009
	 	 	93053680	 

Collateral Encumbered:

All of the equipment and all modifications, additions, replacements and substitutions and proceeds
thereto, in whole or in part, on Lease Agreement #090515-000, together with all rental payments and
other amounts payable under the lease including all proceeds and insurance proceeds, and all of
lessee’s right, title and interest in the software, licenses and services described therein and all
rights to payment thereunder, including all warranty claims and rights to any refund,
indemnification, and/or abatement to which lessee becomes entitled, no matter how or when arising,
whether such rights are classified as accounts, general intangibles, or otherwise.

 

A39

 

76.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	THE HUNTINGTON NATIONAL BANK
	 	UCC-1
	 	9/28/2009
	 	 	93086201	 

Collateral Encumbered:

All of the property described below (which list may not be all inclusive and may be supplemented
hereafter), plus all accessories, upgrades, additions, and substitutions, replacement parts, tools,
service/training manuals, software licenses, warranty and maintenance agreements, permits and
licenses required to own and/or operate the property, subleases, chattel paper and general
intangibles related thereto, and all proceeds there from (including, without limitation, insurance
proceeds) now or hereafter existing. New Moffett Truck Mounted Lift Truck, Model; TM 55 4-Way,
Serial #: I270090 New Combilift Multi-Directonal Lift Truck Model: C6000, Serial #: 14178 Telemount
Truuck Kit to Suite, Model: TM55 4-Way, Serial #: I05240

77.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	THE HUNTINGTON NATIONAL BANK
	 	UCC-1
	 	11/20/2009
	 	 	93732739	 

Collateral Encumbered:

All of the property described as New Moffett Truck Mounted Lift Truck Model TM55 4 Way Serial #:
I250030 (which list may not be all inclusive and may be supplemented hereafter), plus all
accessories, upgrades, additions, and substitutions, replacement parts, tools, service/training
manuals, software licenses, warranty and maintenance agreement, permits and licenses required to
own and/or operate the property, subleases, chattel paper and general intangibles related thereto,
and all proceeds there from (including, without limitation, insurance proceeds) now or hereafter
existing.

 

A40

 

78.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	AXIS CAPITAL, INC.
	 	UCC-1
	 	01/29/2010
	 	 	00320741	 
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	AXIS CAPITAL, INC.
	 	UCC-1
	 	10/05/2010
	 	Amendment 03463225

Collateral Encumbered:

SECURED PARTY HAS A SECURED INTEREST IN ALL OF THE PERSONAL PROPERTY OF DEBTOR, WHEREVER LOCATED,
AND NOW OWNED OR HEREAFTER ACQUIRED, INCLUDING, BUT NOT LIMITED TO, ACCOUNTS, INCLUDING, BUT NOT
LIMITED TO, ACCOUNTS, INCLUDING ACCOUNTS RECEIVABLE, FIXTURES, TRADE FIXTURES, CHATTEL PAPER,
GOODS, INVENTORY, EQUIPMENT, INSTRUMENTS, DOCUMENTS, GENERAL INTAGIBLES, (INCLUDING PAYMENT
INTANGIBLES), SUPPORTING OBLIGATIONS, AND, TO THE EXTENT NOT LISTED ABOVE AS ORIGINAL COLLATERAL,
PROCEEDS AND PRODUCTS OF THE FOREGOING.

Collateral Encumbered:

ALL EQUIPMENT NOW OR HEREAFTER ACQIRED THAT IS COVERED BY ONE OR MORE LEASES AND/PR SECURITY
AGREEMENTS BETWEEN DEBTOR AND SECURED PARTY ENTERED INTO IN THE PAST OR IN THE FUTURE,
INCLUDING WITHOUT LIMITATION ALL PROCEEDS AND INSURANCE RELATING TO SAID EQUIPMENT AND ALL
SUBSTITUTIONS, ACCESSIONS, AND REPLACEMENTS RELATING TO SAID EQUIPMENT, NOW OR HEREAFTER
ACQUIRED. ALL EQUIPMENT RELATING TO LEASE #922406

79.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	CISCO SYSTEMS CAPITAL CORPORATION
	 	UCC-1
	 	02/01/2010
	 	 	00349989	 

Collateral Encumbered:

This covers all of the Debtor’s right, title and interest, now existing and hereafter arising, in
and to the following property, wherever located: (i) all Equipment from time to time between Debtor
as lessee and Secured Party as lessor and any and all Schedules from time to time entered into or
prepared in connection with any Master Agreement, (ii) all insurance, warranty, rental and other
claims and rights to payment and chattel paper arising out of such Equipment, and (iii) all books,
records and proceeds relating to the forgoing. Equipment shall be defined as routers, router
components, other computer networking and telecommunications equipment and other equipment,
manufactured by Cisco Systems, Inc., its affiliates and others, together with all software and
software license rights relating to the foregoing, and all substitutions, replacements, upgrades,
repairs, parts and attachments, improvements and accessions thereto.

 

A41

 

80.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	WELLS FARGO EQUIPMENT FINANCE, INC.
	 	UCC-1
	 	03/12/2010
	 	 	00849491	 

Collateral Encumbered:

(1) New 2007 Hiab H322 6.7 Crane Serial Number 3220500 mounted on (1) New 2007 Sterling Model
LT9513 Chassis VIN 2FZHAZCV57AW90356 together with all options, attachments and accessories.

81.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	TOYOTA MOTOR CREDIT CORPORATION
	 	UCC-1
	 	04/30/2010
	 	 	01522329	 

Collateral Encumbered:

EIGHT NEW TOYOTA FORKLIFTS MODEL: 8FGCU23 S/N: 27668, 27654, 27725, 27688, 27615, 27619, 27633

82.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	FIRST FLEET CORPORATION
	 	UCC-1
	 	06/30/2010
	 	 	02275703	 

Collateral Encumbered:

(a) All Equipment leased under Schedule AY; (b) all personal property, including vehicles, leased
under said Schedule; (c) vehicles, including but not limited to Sterling straight trucks; Cormach
cranes; Fallsway decks and Manitou forklift, having the VIN’s shown below and/or Lessee’s
Certificate(s) of Acceptance; (d) replacements, additions, substitutions, alterations, and
modifications of the collateral specified in clauses (b) and (c) above; (e) insurance proceeds and
indemnities payable in connection with the collateral specified in clauses (b) and (c) above; and
(f) proceeds of all the foregoing Equipment: Group-1 (1) Cormach 2005 40400e8 Crane 492002 (1)
Sterling 2005 LT9500 Straight Truck 2FZHAZCG95A V05319 (1) Fallsway 2005 Deck Misc Deck V05319 (2)
Cormach 2005 4040E8 Crane 492003 (2) Sterling 2005 LT9500 Straight Truck 2FZHAZCG75A V05318 (2)
Fallsway 2005 Deck Misc V05318 (3) Peterbilt 2005 357 Straight Truck 1NPALU0X75N 874946 (3) Fakkway
2005 Deck Misc 874946 Group-2 (3) Manitou 2005 TMT320 FLHT Forklift 752024

 

A42

 

83.

	 	 	 	 	 	 	 	 	 	 	 
	Jurisdiction	 	Secured Party	 	Filing Type	 	Filing Date	 	Filing Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: ASSOCIATED MATERIALS, LLC
	 
	 	 	 	 	 	 	 	 	 	 
	Delaware

	 	KONICA MINOLTA PREMIER FINANCE
	 	UCC-1
	 	08/18/2010
	 	 	02881963	 

Collateral Encumbered:

All Equipment described herein or otherwise, leased to or financed for the Debtor by Secured Party
under the certain Premier Lease Agreement No. 7691428-002 including all accessories, accessions,
replacements, additions, substitutions, add-ons and upgrades thereto, and any proceeds therefrom.

84.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gentek Limitee
	 
	 	 	 	 	 	 	 	 
	Nova Scotia

	 	PHH Vehicle
Management Services
Inc.
	 	12/03/2008
	 	12/03/2013
	 	 14717078

Collateral Encumbered:

All present and future motor vehicles (including, without limitation, passenger automobiles, vans,
trucks, truck-tractors, truck-trailers, truck-chassis and truck bodies), automotive equipment
(including, without limitation, trailers, boxes, and refrigeration units), materials-handling
equipment and other goods (whether similar or dissimilar to the foregoing) leased from time to time
by the Secured Party to the Debtor, together with, in each case, all present and future parts,
attachments, accessories and accessions attached thereto or installed therein, and all proceeds (as
defined below) of or relating to any of the foregoing. Proceeds: All proceeds of any of the above
collateral in an form (including, without limitation, goods, documents of title, chattel paper,
securities, instruments, money and intangibles (as each such term is defined in the Personal
Property Security Act) derived directly of (sic) indirectly from any dealing with any of the above
collateral or any proceeds thereof.

 

A43

 

85.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited Partnership/Gentek Canada Holdings Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Nova Scotia

	 	PHH Vehicle Management Services Inc.
	 	01/22/2010
	 	01/22/2015
	 	 	16198517	 

Collateral Encumbered:

All present and future motor vehicles (including, without limitation, passenger automobiles, vans,
trucks, truck-tractors, truck-trailers, truck-chassis and truck bodies), automotive equipment
(including, without limitation, trailers, boxes, and refrigeration units), materials-handling
equipment and other goods (whether similar or dissimilar to the foregoing) leased from time to time
by the Secured Party to the Debtor, together with, in each case, all present and future parts,
attachments, accessories and accessions attached thereto or installed therein, and all proceeds (as
defined below) of or relating to any of the foregoing. Proceeds: All proceeds of any of the above
collateral in an form (including, without limitation, goods, documents of title, chattel paper,
securities, instruments, money and intangibles (as each such term is defined in the Personal
Property Security Act) derived directly of (sic) indirectly from any dealing with any of the above
collateral or any proceeds thereof.

86.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products LTD
	 
	 	 	 	 	 	 	 	 	 	 
	Nova Scotia

	 	Penske Truck
Leasing Canada
Inc./Locations de
Camions Penske
Canada Inc.
	 	10/31/2005
	 	 10/31/2012
	 	 	10306835	 

Collateral Encumbered:

Together with all attachments accessories accessions replacements substitutions additions and
improvements thereto, including, but not limited to Xata and Qualcomm Systems, and all proceeds in
any form derived directly or indirectly from any sale and or dealings with the collateral and a
right to an insurance payment or other payment that indemnifies or compensates for loss or damage
to the collateral or proceeds of the collateral.

Serial Numbered Collateral:

2006 Freightliner M2 Motor Vehicle S/N 1FVACXDC86HW06296

 

A44

 

87.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gentek Limtee
	 
	 	 	 	 	 	 	 	 	 	 
	New Brunswick

	 	PHH Vehicle Management Services Inc.
	 	12/03/2008
	 	12/03/2013
	 	 	16974872	 

Collateral Encumbered:

All present and future motor vehicles (including, without limitation, passenger automobiles, vans,
trucks, truck-tractors, truck-trailers, truck-chassis and truck bodies), automotive equipment
(including, without limitation, trailers, boxes, and refrigeration units), materials-handling
equipment and other goods (whether similar or dissimilar to the foregoing) leased from time to time
by the Secured Party to the Debtor, together with, in each case, all present and future parts,
attachments, accessories and accessions attached thereto or installed therein, and all proceeds (as
defined below) of or relating to any of the foregoing. Proceeds: All proceeds of any of the above
collateral in an form (including, without limitation, goods, documents of title, chattel paper,
securities, instruments, money and intangibles (as each such term is defined in the Personal
Property Security Act) derived directly of (sic) indirectly from any dealing with any of the above
collateral or any proceeds thereof.

88.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Ltd.
	 
	 	 	 	 	 	 	 	 	 	 
	New Brunswick

	 	Ryder Truck Rental Canada Ltd.
	 	11/17/2006
	 	11/17/2012
	 	 	14247837	 

Collateral Encumbered:

89.*

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited (Judgment Debtor)
	 
	 	 	 	 	 	 	 	 	 	 
	New Brunswick

	 	Jamie Duffy

(Judgment Creditor)
	 	08/26/2010
	 	08/26/2011
	 	 	19185909	 

Collateral Encumbered:

All present and after acquired personal property. Tous les biens personnels actuels ou acquis
ulterieurement.

 

	 	 	 
	* 	 	Fully paid off. Awaiting discharge.

 

A45

 

90.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Product Limited/Gentek Building Products LTD.
	 
	 	 	 	 	 	 	 	 	 	 
	New Brunswick

	 	Xerox Canada LTD
	 	06/18/2010
	 	06/18/2013
	 	 	18921239	 

Collateral Encumbered:

Equipment, other all present and future office equipment and software supplied or financed from
time to time by the secured party (whether by lease, conditional sale or otherwise), whether or not
manufactured by the secured party or any affiliate thereof.

91.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited Partnership/Gentek Canada Holdings Limited
	 
	 	 	 	 	 	 	 	 	 	 
	New Brunswick

	 	PHH Vehicle Management Services Inc.
	 	01/22/2010
	 	01/22/2015
	 	 	18352583	 

Collateral Encumbered:

All present and future motor vehicles (including, without limitation, passenger automobiles, vans,
trucks, truck-tractors, truck-trailers, truck-chassis and truck bodies), automotive equipment
(including, without limitation, trailers, boxes, and refrigeration units), materials-handling
equipment and other goods (whether similar or dissimilar to the foregoing) leased from time to time
by the Secured Party to the Debtor, together with, in each case, all present and future parts,
attachments, accessories and accessions attached thereto or installed therein, and all proceeds (as
defined below) of or relating to any of the foregoing. Proceeds: All proceeds of any of the above
collateral in an form (including, without limitation, goods, documents of title, chattel paper,
securities, instruments, money and intangibles (as each such term is defined in the Personal
Property Security Act) derived directly of (sic) indirectly from any dealing with any of the above
collateral or any proceeds thereof.

 

A46

 

92.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products LTD
	 
	 	 	 	 	 	 	 	 	 	 
	New Brunswick

	 	Penske Truck
Leasing Canada
Inc./Locations de
Camions Penske
Canada Inc.
	 	10/31/2005
	 	10/31/2012
	 	 	12878567	 

Collateral Encumbered:

Together with all attachments accessories accessions replacements substitutions additions and
improvements thereto, including, but not limited to Xata and Qualcomm Systems, and all proceeds in
any form derived directly or indirectly from any sale and or dealings with the collateral and a
right to an insurance payment or other payment that indemnifies or compensates for loss or damage
to the collateral or proceeds of the collateral.

Serial Numbered Collateral:

2006 Freightliner M2 Motor Vehicle S/N 1FVACXDC86HW06296

93.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited Partnership/Gentek Canada Holdings Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Prince Edward Island

	 	PHH Vehicle Management Services Inc.
	 	01/22/2010
	 	01/22/2015
	 	 	2395125	 

Collateral Encumbered:

All present and future motor vehicles (including, without limitation, passenger automobiles, vans,
trucks, truck-tractors, truck-trailers, truck-chassis and truck bodies), automotive equipment
(including, without limitation, trailers, boxes, and refrigeration units), materials-handling
equipment and other goods (whether similar or dissimilar to the foregoing) leased from time to time
by the Secured Party to the Debtor, together with, in each case, all present and future parts,
attachments, accessories and accessions attached thereto or installed therein, and all proceeds (as
defined below) of or relating to any of the foregoing. Proceeds: All proceeds of any of the above
collateral in an form (including, without limitation, goods, documents of title, chattel paper,
securities, instruments, money and intangibles (as each such term is defined in the Personal
Property Security Act) derived directly of (sic) indirectly from any dealing with any of the above
collateral or any proceeds thereof.

 

A47

 

94.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products LTD
	 
	 	 	 	 	 	 	 	 	 	 
	Prince Edward Island

	 	Penske Truck
Leasing Canada
Inc./Locations de
Camions Penske
Canada Inc.
	 	10/31/2005
	 	10/31/2012
	 	 	1488401	 

Collateral Encumbered:

Together with all attachments accessories accessions replacements substitutions additions and
improvements thereto, including, but not limited to Xata and Qualcomm Systems, and all proceeds in
any form derived directly or indirectly from any sale and or dealings with the collateral and a
right to an insurance payment or other payment that indemnifies or compensates for loss or damage
to the collateral or proceeds of the collateral.

Serial Numbered Collateral:

2006 Freightliner M2 Motor Vehicle S/N 1FVACXDC86HW06296

95.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gentek Limitee
	 
	 	 	 	 	 	 	 	 	 	 
	Newfoundland and Labrador

	 	PHH Vehicle Management Services Inc.
	 	12/03/2008
	 	12/03/2013
	 	 	7039554	 

Collateral Encumbered:

All present and future motor vehicles (including, without limitation, passenger automobiles, vans,
trucks, truck-tractors, truck-trailers, truck-chassis and truck bodies), automotive equipment
(including, without limitation, trailers, boxes, and refrigeration units), materials-handling
equipment and other goods (whether similar or dissimilar to the foregoing) leased from time to time
by the Secured Party to the Debtor, together with, in each case, all present and future parts,
attachments, accessories and accessions attached thereto or installed therein, and all proceeds (as
defined below) of or relating to any of the foregoing. Proceeds: All proceeds of any of the above
collateral in an form (including, without limitation, goods, documents of title, chattel paper,
securities, instruments, money and intangibles (as each such term is defined in the Personal
Property Security Act) derived directly of (sic) indirectly from any dealing with any of the above
collateral or any proceeds thereof.

 

A48

 

96.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Newfoundland and Labrador

	 	De Lage Landen Financial Services Canada Inc.
	 	06/30/2009
	 	06/30/2016
	 	 	7474119	 

Collateral Encumbered:

All goods supplied by the Secured Party to the Debtor, together with all attachments, accessories,
accessions, replacements, substitutions, additions and improvements to the foregoing. Proceeds:
goods, chattel paper, securities, money, crops, licenses and intangibles. 1 2009 Combilift Multi
Directional Lift Truck, Model C9000, SN 13771

Serial Numbered Collateral:

2009 Combilift C6000 Motor Vehicle S/N 13771

97.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited Partnership/Gentek Canada Holdings Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Newfoundland and Labrador

	 	De Lage Landen Financial Services Canada Inc.
	 	12/02/2009
	 	12/02/2015
	 	 	7825464	 

Collateral Encumbered:

All goods supplied by the Secured Party to the Debtor, together with all attachments, accessories,
accessions, replacements, substitutions, additions and improvements to the foregoing. Proceeds:
goods, chattel paper, securities, money, crops, licenses and intangibles.

Serial Numbered Collateral:

2009 Linde H30T Forklift S/N H2X393U03536

 

A49

 

98.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gentek Limitee
	 
	 	 	 	 	 	 	 	 
	Newfoundland and Labrador

	 	PHH Vehicle Management Services Inc.
	 	01/22/2010
	 	01/22/2015
	 	 7911904

Collateral Encumbered:

All present and future motor vehicles (including, without limitation, passenger automobiles, vans,
trucks, truck-tractors, truck-trailers, truck-chassis and truck bodies), automotive equipment
(including, without limitation, trailers, boxes, and refrigeration units), materials-handling
equipment and other goods (whether similar or dissimilar to the foregoing) leased from time to time
by the Secured Party to the Debtor, together with, in each case, all present and future parts,
attachments, accessories and accessions attached thereto or installed therein, and all proceeds (as
defined below) of or relating to any of the foregoing. Proceeds: All proceeds of any of the above
collateral in an form (including, without limitation, goods, documents of title, chattel paper,
securities, instruments, money and intangibles (as each such term is defined in the Personal
Property Security Act) derived directly of (sic) indirectly from any dealing with any of the above
collateral or any proceeds thereof.

99.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products LTD
	 
	 	 	 	 	 	 	 	 	 	 
	Newfoundland and Labrador

	 	Penske Truck Leasing Canada Inc./Locations de Camions Penske Canada Inc.
	 	10/31/2005
	 	10/31/2012
	 	 	4552406	 

Collateral Encumbered:

Together with all attachments accessories accessions replacements substitutions additions and
improvements thereto, including, but not limited to Xata and Qualcomm Systems, and all proceeds in
any form derived directly or indirectly from any sale and or dealings with the collateral and a
right to an insurance payment or other payment that indemnifies or compensates for loss or damage
to the collateral or proceeds of the collateral.

Serial Numbered Collateral:

2006 Freightliner M2 Motor Vehicle S/N 1FVACXDC86HW06296

 

A50

 

100.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited Partnership/Gentek Canada Holdings Limited
	 
	 	 	 	 	 	 	 	 
	British Columbia

	 	PHH Vehicle Management Services Inc.
	 	01/22/2010
	 	01/22/2015
	 	374614F

Collateral Encumbered:

All present and future motor vehicles (including, without limitation, passenger automobiles, vans,
trucks, truck-tractors, truck-trailers, truck-chassis and truck bodies), automotive equipment
(including, without limitation, trailers, boxes, and refrigeration units), materials-handling
equipment and other goods (whether similar or dissimilar to the foregoing) leased from time to time
by the Secured Party to the Debtor, together with, in each case, all present and future parts,
attachments, accessories and accessions attached thereto or installed therein, and all proceeds (as
defined below) of or relating to any of the foregoing. Proceeds: All proceeds of any of the above
collateral in an form (including, without limitation, goods, documents of title, chattel paper,
securities, instruments, money and intangibles (as each such term is defined in the Personal
Property Security Act) derived directly of (sic) indirectly from any dealing with any of the above
collateral or any proceeds thereof.

101.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products
	 
	 	 	 	 	 	 	 	 
	British Columbia

	 	Penske Truck Leasing Canada Inc./Locations de Camions Penske Canada Inc.
	 	10/28/2005
	 	10/28/2012
	 	660519C

Collateral Encumbered:

Together with all attachments accessories accessions replacements substitutions additions and
improvements thereto, including, but not limited to Xata and Qualcomm Systems, and all proceeds in
any form derived directly or indirectly from any sale and or dealings with the collateral and a
right to an insurance payment or other payment that indemnifies or compensates for loss or damage
to the collateral or proceeds of the collateral.

Serial Numbered Collateral:

2006 Freightliner M2 Motor Vehicle S/N 1FVACXDC86HW06296

 

A51

 

102.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gentek Limitee
	 
	 	 	 	 	 	 	 	 
	British Columbia

	 	PHH Vehicle Management Services Inc.
	 	12/03/2008
	 	12/03/2013
	 	725488E

Collateral Encumbered:

All present and future motor vehicles (including, without limitation, passenger automobiles, vans,
trucks, truck-tractors, truck-trailers, truck-chassis and truck bodies), automotive equipment
(including, without limitation, trailers, boxes, and refrigeration units), materials-handling
equipment and other goods (whether similar or dissimilar to the foregoing) leased from time to time
by the Secured Party to the Debtor, together with, in each case, all present and future parts,
attachments, accessories and accessions attached thereto or installed therein, and all proceeds (as
defined below) of or relating to any of the foregoing. Proceeds: All proceeds of any of the above
collateral in an form (including, without limitation, goods, documents of title, chattel paper,
securities, instruments, money and intangibles (as each such term is defined in the Personal
Property Security Act) derived directly of (sic) indirectly from any dealing with any of the above
collateral or any proceeds thereof.

103.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 
	British Columbia

	 	De Lage Landen Financial Services Canada Inc.
	 	12/10/2008
	 	 12/10/2015
	 	737800E

Collateral Encumbered:

All goods supplied by the Secured Party to the Debtor, together with all attachments, accessories,
accessions, replacements, substitutions, additions and improvements to the foregoing. Proceeds:
goods, chattel paper, securities, money, crops, licenses and intangibles.

Serial Numbered Collateral:

MV 10162 2008 Combilift C6000 Forklift

104.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 
	British Columbia

	 	De Lage Landen Financial Services Canada Inc.
	 	12/10/2008
	 	12/10/2015
	 	737801E

Collateral Encumbered:

All goods supplied by the Secured Party to the Debtor, together with all attachments, accessories,
accessions, replacements, substitutions, additions and improvements to the foregoing. Proceeds:
goods, chattel paper, securities, money, crops, licenses and intangibles.

Serial Numbered Collateral:

MV 10384 2008 Combilift C6000 Lift Truck

 

A52

 

105.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products LTD
	 
	 	 	 	 	 	 	 	 
	British Columbia

	 	Ryder Truck Rental

Canada LTD
	 	04/01/2009
	 	04/01/2012
	 	899091E

Collateral Encumbered:

MV 1FVACWDC25HN77869 2005 FRTL M2106MD

106.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products LTD
	 
	 	 	 	 	 	 	 	 
	British Columbia

	 	Ryder Truck Rental Canada LTD
	 	05/25/2009
	 	05/25/2012
	 	984048E

Collateral Encumbered:

MV 1FVACYBS6ADAN4476 2010 FRTL M2 106MD

107.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Product Limited/Gentek Building Products LTD.
	 
	 	 	 	 	 	 	 	 
	New Brunswick

	 	Xerox Canada LTD
	 	06/18/2010
	 	06/18/2013
	 	619462F

Collateral Encumbered:

Equipment, other all present and future office equipment and software supplied or financed from
time to time by the secured party (whether by lease, conditional sale or otherwise), whether or not
manufactured by the secured party or any affiliate thereof.

 

A53

 

108.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gentek Limitee
	 
	 	 	 	 	 	 	 	 	 	 
	Manitoba

	 	PHH Vehicle Management Services Inc.
	 	12/03/2008
	 	 	 	 	200823218302	 

Collateral Encumbered:

All present and future motor vehicles, automotive equipment, materials-handling equipment and other
goods leased from time to time by the Secured Party to the Debtor, together with, in each case, all
present and future parts, attachments, accessories and accessions attached thereto or installed
therein, and all proceeds of or relating to any of the foregoing.

109.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Manitoba

	 	Irwin Commercial Finance Canada Corporation
	 	03/03/2006
	 	 	 	 	200603593307	 

Collateral Encumbered:

Motor Vehicle

Forklift(s) together with all attachments accessories accessions replacements substitutions
additions and improvements thereto and all proceeds in any form derived directly or indirectly from
any sale and or dealings with the collateral and a right to an insurance payment or other payment
that indemnifies or compensates for loss or damage to the collateral or proceeds of the collateral.

110.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Gentek Building Products Ltd.
	 
	 	 	 	 	 	 	 	 	 	 
	Manitoba

	 	Xerox Canada Ltd.
	 	06/18/2010
	 	 	 	 	201009992800	 

Collateral Encumbered:

Equipment, other all present and future office equipment and software supplied or financed from
time to time by the secured party (whether by lease, conditional sale or otherwise), whether or not
manufactured by the secured party or any affiliate thereof.

 

A54

 

111.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited Partnership/Gentek Canada Holdings Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Manitoba

	 	PHH Vehicle Management Services Inc.
	 	01/22/2010
	 	 	 	 	201001096503	 

Collateral Encumbered:

All present and future motor vehicles, automotive equipment, materials-handling equipment and other
goods leased from time to time by the Secured Party to the Debtor, together with, in each case, all
present and future parts, attachments, accessories and accessions attached thereto or installed
therein, and all proceeds of or relating to any of the foregoing.

112.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Ltd.
	 
	 	 	 	 	 	 	 	 	 	 
	Manitoba

	 	Penske Truck Leasing Canada Inc./Locations de Camions Penske Canada Inc.
	 	10/31/2005
	 	 	 	 	200519608609	 

Collateral Encumbered:

Motor Vehicle

Together with all attachments accessories accessions replacements substitutions additions and
improvements thereto, including, but not limited to Xata and Qualcomm Systems, and all proceeds in
any form derived directly or indirectly from any sale and or dealings with the collateral and a
right to an insurance payment or other payment that indemnifies or compensates for loss or damage
to the collateral or proceeds of the collateral.

113.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited Partnership/Gentek Canada Holdings Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Alberta

	 	PHH Vehicle Management Servuces Inc.
	 	01/22/2010
	 	01/22/2015
	 	 	200519608609	 

Collateral Encumbered:

All present and future motor vehicles, automotive equipment, materials-handling equipment and other
goods leased from time to time by the Secured Party to the Debtor, together with, in each case, all
present and future parts, attachments, accessories and accessions attached thereto or installed
therein, and all proceeds of or relating to any of the foregoing.

 

A55

 

114.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Ltd.
	 
	 	 	 	 	 	 	 	 
	Alberta

	 	Penske Truck Leasing Canada Inc./Locations de Camions Penske Canada Inc.
	 	10/28/2005
	 	10/28/2012
	 	05102827978SA

Collateral Encumbered:

Together with all attachments accessories accessions replacements substitutions additions and
improvements thereto, including, but not limited to Xata and Qualcomm Systems, and all proceeds in
any form derived directly or indirectly from any sale and or dealings with the collateral and a
right to an insurance payment or other payment that indemnifies or compensates for loss or damage
to the collateral or proceeds of the collateral.

Serial Numbered Collateral:

2006 Freightliner M2 Motor Vehicle S/N 1FVACXDC86HW06296

115.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batimen Gentek Limitee
	 
	 	 	 	 	 	 	 	 
	Alberta

	 	Liftcapital Corporation
	 	03/21/2007
	 	03/21/2014
	 	07032121258/SA

Collateral Encumbered:

Material handling equipment together with all parts, attachments, accessories, additions,
batteries, chargers, repair parts, and other equipment placed on or forming part of the goods
described herein with any proceeds thereof and therefrom including, without limitation, all goods,
securities, instruments, documents of title, chattel paper and intangibles (as defined in the
Personal Property Security Act).

Serial Numbered Collateral:

84708 2006 Toyota 7FGU25 Lift Truck MV Motor Vehicle

116.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited Partnership/Gentek Canada Holdings Limited
	 
	 	 	 	 	 	 	 	 
	Alberta

	 	PHH Vehicle Management Servuces Inc.
	 	01/22/2010
	 	01/22/2015
	 	10012203729/SA

Collateral Encumbered:

All present and future motor vehicles, automotive equipment, materials-handling equipment and other
goods leased from time to time by the Secured Party to the Debtor, together with, in each case, all
present and future parts, attachments, accessories and accessions attached thereto or installed
therein, and all proceeds of or relating to any of the foregoing.

 

A56

 

117.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batimen Gentek Limitee
	 
	 	 	 	 	 	 	 	 
	Alberta

	 	De Lage Landen Financial Services Canada Inc.
	 	10/22/2008
	 	10/22/2015
	 	08102228652/SA

Collateral Encumbered:

All goods supplied by the Secured Party to the Debtor, together with all attachments, accessories,
accessions, replacements, substitutions, additions and improvements to the foregoing. Proceeds:
goods, chattel paper, securities, money, crops, licenses and intangibles.

Serial Numbered Collateral:

2008 Combilift Lift Truck C6000 Motor Vehicle S/N 10661

118.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batimen Gentek Limitee
	 
	 	 	 	 	 	 	 	 
	Alberta

	 	De Lage Landen Financial Services Canada Inc.
	 	10/22/2008
	 	10/22/2015
	 	08102228983SA

Collateral Encumbered:

All goods supplied by the Secured Party to the Debtor, together with all attachments, accessories,
accessions, replacements, substitutions, additions and improvements to the foregoing. Proceeds:
goods, chattel paper, securities, money, crops, licenses and intangibles.

Serial Numbered Collateral:

2008 Combilift Lift Truck C6000 Motor Vehicle S/N 10384

119.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gentek Limitee
	 
	 	 	 	 	 	 	 	 
	Alberta

	 	PHH Vehicle Management Services Inc.
	 	12/03/2008
	 	12/03/2013
	 	08120307559/SA

Collateral Encumbered:

All present and future motor vehicles, automotive equipment, materials-handling equipment and other
goods leased from time to time by the Secured Party to the Debtor, together with, in each case, all
present and future parts, attachments, accessories and accessions attached thereto or installed
therein, and all proceeds (as defined below) of or relating to any of the foregoing. Proceeds: All
proceeds of any of the above collateral in an form (including, without limitation, goods, documents
of title, chattel paper, securities, instruments, money and intangibles (as each such term is
defined in the Personal Property Security Act) derived directly of (sic) indirectly from any
dealing with any of the above collateral or any proceeds thereof.

 

A57

 

120.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 
	Alberta

	 	De Lage Landen Financial Services Canada Inc.
	 	12/10/2008
	 	12/10/2015
	 	08121022974/SA

Collateral Encumbered:

All goods supplied by the Secured Party to the Debtor, together with all attachments, accessories,
accessions, replacements, substitutions, additions and improvements to the foregoing. Proceeds:
goods, chattel paper, securities, money, crops, licenses and intangibles.

Serial Numbered Collateral:

2008 Combilift Lift Truck C6000 Motor Vehicle S/N 10661

121.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 
	Alberta

	 	De Lage Landen
Financial Services
Canada Inc.
	 	06/30/2009
	 	06/30/2016
	 	09063032867/SA

Collateral Encumbered:

All goods supplied by the Secured Party to the Debtor, together with all attachments, accessories,
accessions, replacements, substitutions, additions and improvements to the foregoing. Proceeds:
goods, chattel paper, securities, money, crops, licenses and intangibles.

Serial Numbered Collateral:

2009 Combilift CB6000 Motor Vehicle S/N 13820

122.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Inc.
	 
	 	 	 	 	 	 	 	 
	Alberta

	 	Lions Gate Trailers Ltd.
	 	04/20/2010
	 	04/20/2013
	 	10042023626/SA

Collateral Encumbered:

The trailers described herein, together with all replacements and substitutions therefore and all
accessions in or to the property described above.

Serial Numbered Collateral:

2FEV04823NS250121 1992 FRUEHAUF Van-48’102”Tan-S TR — Trailer

 

A58

 

123.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products LP
	 
	 	 	 	 	 	 	 	 
	Quebec

	 	Ryder Truck Rental Canada Ltd.
	 	05/13/2010
	 	05/13/2015
	 	10-0304953-0010

Collateral Encumbered:

Serial Numbered Collateral:

2010 CAB Pro Star 3HSCWAPR9AN287599

124.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited Partnershp
	 
	 	 	 	 	 	 	 	 
	Quebec

	 	Location Canvec Inc./Canvec Location Inc.
	 	01/27/2010
	 	12/16/2019
	 	10-0044637-0001

Collateral Encumbered:

Serial Numbered Collateral:

Specific list of vehicles

125.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited Partnership/Gentek Canada Holdings Limited
	 
	 	 	 	 	 	 	 	 
	Quebec

	 	PHH Vehicle Management Services Inc.
	 	01/22/2010
	 	01/20/2020
	 	10-0038371-0001

Collateral Encumbered:

All present and future motor vehicles, automotive equipment, materials-handling equipment and other
goods leased from time to time by the Secured Party to the Debtor, together with, in each case, all
present and future parts, attachments, accessories and accessions attached thereto or installed
therein, and all proceeds of or relating to any of the foregoing.

 

A59

 

126.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Pruduits de Batiment Gentek Limitee/Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 
	Quebec

	 	Liftcapital Corporation
	 	08/27/2009
	 	08/09/2019
	 	09-0530324-0001

Collateral Encumbered:

2 new Toyota 8FGCU30 lift trucks S/N 13441, 13450 including all batteries, chargers, parts and
accessories relating to or attached thereto.

127.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Pruduits de Batiment Gentek Limitee
	 
	 	 	 	 	 	 	 	 
	Quebec

	 	PHH Vehicle Management Services Inc.
	 	12/03/2008
	 	12/02/2018
	 	08-0692987-0001

Collateral Encumbered:

All present and future motor vehicles, automotive equipment, materials-handling equipment and other
goods leased from time to time by the Secured Party to the Debtor, together with, in each case, all
present and future parts, attachments, accessories and accessions attached thereto or installed
therein, and all proceeds of or relating to any of the foregoing.

128.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Pruduits de Batiment Gentek Limitee
	 
	 	 	 	 	 	 	 	 
	Quebec

	 	Ryder Truck Rental Canada Ltd.
	 	04/14/2008
	 	04/14/2014
	 	08-0199816-0009

Collateral Encumbered:

Serial Numbered Collateral:

2008 FRTL CL12064ST VIN: 1FUJA6CK68LAC9179

 

A60

 

129.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Pruduits de Batiment Gentek Limitee
	 
	 	 	 	 	 	 	 	 
	Quebec

	 	De Lage Landen Financial Services Canada Inc.
	 	10/25/2007
	 	10/22/2014
	 	07-0614156-0002

Collateral Encumbered:

All goods supplied by the secured party to the debtor, together with all attachments,
accessories, accessions, replacements, substitutions, additions and improvements to the
foregoing. Proceeds: goods, chattel paper, securities, money, crops, licenses and intangibles.

Serial Numbered Collateral:

Combilift C5500 Cube, 8377

130.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Pruduits de Batiment Gentek Limitee
	 
	 	 	 	 	 	 	 	 
	Quebec

	 	De Lage Landen Financial Services Canada Inc.
	 	10/25/2007
	 	10/22/2014
	 	07-0614156-0001

Collateral Encumbered:

All goods supplied by the secured party to the debtor, together with all attachments, accessories,
accessions, replacements, substitutions, additions and improvements to the foregoing. Proceeds:
goods, chattel paper, securities, money, crops, licenses and intangibles.

Serial Numbered Collateral:

Combilift C6000 lift truck, 8604

131.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Pruduits de Batiment Gentek Limitee
	 
	 	 	 	 	 	 	 	 
	Quebec

	 	De Lage Landen Financial Services Canada Inc.
	 	10/17/2007
	 	 10/15/2014
	 	07-0594560-0002

Collateral Encumbered:

All goods supplied by the secured party to the debtor, together with all attachments, accessories,
accessions, replacements, substitutions, additions and improvements to the foregoing. Proceeds:
goods, chattel paper, securities, money, crops, licenses and intangibles.

Serial Numbered Collateral:

1 new Combilift Multidirectional lift truck model C6000 Cube, 8604

 

A61

 

132.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Pruduits de Batiment Gentek Limitee
	 
	 	 	 	 	 	 	 	 
	Quebec

	 	De Lage Landen Financial Services Canada Inc.
	 	10/17/2007
	 	10/15/2014
	 	07-0614156-0001

Collateral Encumbered:

All goods supplied by the secured party to the debtor, together with all attachments,
accessories, accessions, replacements, substitutions, additions and improvements to the
foregoing. Proceeds: goods, chattel paper, securities, money, crops, licenses and intangibles.

Serial Numbered Collateral:

1 new Combilift Cube Model C5500, 8377

133.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Ltd.
	 
	 	 	 	 	 	 	 	 
	Quebec

	 	Penske Truck Leasing Canada Inc.
	 	10/31/2005
	 	10/28/2012
	 	05-0619121-0003

Collateral Encumbered:

Specific vehicle, together with all attachments, accessories, accessions, replacements
substitutions, additions and improvements thereto, and all proceeds in any form derived directly or
indirectly from any sale and or dealings with the collateral and a right to an insurance payment or
other payment that indemnifies or compensates for loss or damage to the collateral or proceeds of
the collateral.

134.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Pruduits de Batiment Gentek Limitee/Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 
	Quebec

	 	Liftcapital Corporation/Corporation Liftcapital
	 	05/18/2005
	 	05/18/2011
	 	05-0287427-0003

Collateral Encumbered:

1 new 2005 Toyota 7FGCU30 lift truck S/N 67087

 

A62

 

135.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 
	Quebec

	 	Location de Camions Maxim/Maxim Transportation Services Inc.
	 	08/26/2004
	 	 08/26/2014
	 	04-0500440-0001

Collateral Encumbered:

Specific list of vehicles, including any supplementary vehicle or temporary vehicle in replacement
or substitution thereof.

136.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 
	Quebec

	 	Location de Camions
Maxim/Maxim
Transportation
Services Inc.
	 	07/12/2004
	 	07/12/2014
	 	04-0406563-0001

Collateral Encumbered:

Specific list of vehicles, including any supplementary vehicle or temporary vehicle in replacement
or substitution thereof.

137.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 
	Quebec

	 	Location de Camions Maxim/Maxim Transportation Services Inc.
	 	06/16/2003
	 	06/16/2013
	 	03-0306416-0015

Collateral Encumbered:

Specific list of vehicles, including any supplementary vehicle or temporary vehicle in replacement
or substitution thereof.

 

A63

 

138.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 
	Quebec

	 	Location de Camions Maxim/Maxim Transportation Services Inc.
	 	06/16/2003
	 	06/16/2013
	 	03-0306416-0014

Collateral Encumbered:

Specific list of vehicles, including any supplementary vehicle or temporary vehicle in replacement
or substitution thereof.

139.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 
	Quebec

	 	Location de Camions Maxim/Maxim Transportation Services Inc.
	 	06/16/2003
	 	06/16/2013
	 	03-0306416-0013

Collateral Encumbered:

Specific list of vehicles, including any supplementary vehicle or temporary vehicle in replacement
or substitution thereof.

140.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 
	Quebec

	 	Location de Camions Maxim/Maxim Transportation Services Inc.
	 	06/16/2003
	 	06/16/2013
	 	03-0306416-0012

Collateral Encumbered:

Specific list of vehicles, including any supplementary vehicle or temporary vehicle in replacement
or substitution thereof.

 

A64

 

141.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Ltd.
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Xerox Canada Ltd.
	 	06/18/2010
	 	06/18/2013
	 	 	662302179	 

Collateral Encumbered:

Equipment, other, no fixed maturity date

142.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gntek Limitee
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Liftcapital Corporation
	 	12/17/2009
	 	12/17/2014
	 	 	658281951	 

Collateral Encumbered:

Material handling equipment together with all parts, attachments, accessories, additions,
batteries, chargers, repair parts, and other equipment placed on or forming part of the goods
described herein with any proceeds thereof and therefrom including, without limitation, all goods,
securities, instruments of title, chattel paper and intangibles (as defined in the Personal
Property Security Act).

143.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Xerox Canada Ltd.
	 	09/30/2009
	 	09/30/2012
	 	 	656649765	 

Collateral Encumbered:

Equipment, other, no fixed maturity date

 

A65

 

144.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Ltd.
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	De Lage Landen

Financial Services

Canada (USD)
	 	07/30/2009
	 	07/30/2015
	 	 	655279326	 

Collateral Encumbered:

2009 Combilift CB6000 Forklift VIN: 13820

145.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gntek Limitee
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Liftcapital Corporation
	 	07/10/2009
	 	07/10/2014
	 	 	654835572	 

Collateral Encumbered:

Material handling equipment together with all parts, attachments, accessories, additions,
batteries, chargers, repair parts, and other equipment placed on or forming part of the goods
described herein with any proceeds thereof and therefrom including, without limitation, all goods,
securities, instruments of title, chattel paper and intangibles (as defined in the Personal
Property Security Act).

146.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gntek Limitee
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Liftcapital Corporation
	 	04/23/2009
	 	04/23/2014
	 	 	652925601	 

Collateral Encumbered:

Material handling equipment together with all parts, attachments, accessories, additions,
batteries, chargers, repair parts, and other equipment placed on or forming part of the goods
described herein with any proceeds thereof and therefrom including, without limitation, all goods,
securities, instruments of title, chattel paper and intangibles (as defined in the Personal
Property Security Act).

 

A66

 

147.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gntek Limitee
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Liftcapital Corporation
	 	03/19/2009
	 	03/19/2014
	 	 	652174047	 

Collateral Encumbered:

Material handling equipment together with all parts, attachments, accessories, additions,
batteries, chargers, repair parts, and other equipment placed on or forming part of the goods
described herein with any proceeds thereof and therefrom including, without limitation, all goods,
securities, instruments of title, chattel paper and intangibles (as defined in the Personal
Property Security Act).

148.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Edgetech I.G., Inc.
	 	02/17/2009
	 	02/17/2014
	 	 	651559329	 

Collateral Encumbered:

Equipment

149.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Delage Landen Financial Services Canada Inc.
	 	12/23/2008
	 	12/23/2014
	 	 	650709468	 

Collateral Encumbered:

2008 Combilift C6000 VIN: 10169

 

A67

 

150.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Delage Landen
Financial Services
Canada Inc.
	 	12/23/2008
	 	12/23/2014
	 	 	650709477	 

Collateral Encumbered:

2008 Combilift C6000 VIN: 10384

151.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Delage Landen Financial Services Canada Inc.
	 	12/23/2008
	 	12/23/2014
	 	 	650709486	 

Collateral Encumbered:

2008 Combilift C6000 VIN: 10661

152.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Delage Landen
Financial Services
Canada Inc.
	 	12/23/2008
	 	12/23/2014
	 	 	650709495	 

Collateral Encumbered:

2008 Combilift C6000 VIN: 10162

 

A68

 

153.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Delage Landen Financial Services Canada Inc.
	 	12/10/2008
	 	12/10/2015
	 	 	650482794	 

Collateral Encumbered:

All goods supplied by the Secured Party, all parts and accessories thereto and accessions thereto
and all replacements or substitutions for such goods. Proceeds: accounts, chattel paper, money,
intangibles, goods, documents of title, instruments, securities (all as defined in the Personal
Property Security Act (ON)) and insurance proceeds.

2008 Combilift C6000 VIN: 12161

154.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	PHH Vehicle Management Services Inc.
	 	12/03/2008
	 	12/03/2013
	 	 	650327391	 

Collateral Encumbered:

All present and future motor vehicles (including, without limitation, passenger automobiles, vans,
trucks, truck-tractors, truck-trailers, truck-chassis and truck bodies), automotive equipment
(including, without limitation, trailers, boxes, and refrigeration units), materials-handling
equipment and other goods (whether similar or dissimilar to the foregoing) leased from time to time
by the Secured Party to the Debtor, together with, in each case, all present and future parts,
attachments, accessories and accessions attached thereto or installed therein, and all proceeds (as
defined below) of or relating to any of the foregoing.

155.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Ltd.
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Ryder Truck Rental Canada Ltd.
	 	11/25/2008
	 	11/25/2012
	 	 	650137257	 

Collateral Encumbered:

2009 INTL PROSTAR VIN: 2HSCWARP26C108428

 

A69

 

156.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Ltd.
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Ryder Truck Rental Canada Ltd.
	 	11/13/2008
	 	11/13/2012
	 	 	649913832	 

Collateral Encumbered:

2009 INTL PROSTAR VIN: 2HSCWARP49C108429

157.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Ltd.
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Xerox Canada Ltd.
	 	11/12/2008
	 	11/12/2011
	 	 	649861875	 

Collateral Encumbered:

Equipment, other, no fixed maturity date

158.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gntek Limitee
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Liftcapital Corporation
	 	09/24/2008
	 	09/24/2012
	 	 	648745236	 

Collateral Encumbered:

Material handling equipment together with all parts, attachments, accessories, additions,
batteries, chargers, repair parts, and other equipment placed on or forming part of the goods
described herein with any proceeds thereof and therefrom including, without limitation, all goods,
securities, instruments of title, chattel paper and intangibles (as defined in the Personal
Property Security Act).

 

A70

 

159.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Inc.
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Xerox Canada Ltd.
	 	05/02/2008
	 	05/02/2011
	 	 	644783562	 

Collateral Encumbered:

Equipment, other, no fixed maturity date

160.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gntek Limitee
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Liftcapital Corporation
	 	04/23/2008
	 	04/23/2013
	 	 	644481162	 

Collateral Encumbered:

Material handling equipment together with all parts, attachments, accessories, additions,
batteries, chargers, repair parts, and other equipment placed on or forming part of the goods
described herein with any proceeds thereof and therefrom including, without limitation, all goods,
securities, instruments of title, chattel paper and intangibles (as defined in the Personal
Property Security Act).

161.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gntek Limitee
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Liftcapital Corporation
	 	01/30/2008
	 	01/30/2013
	 	 	642376872	 

Collateral Encumbered:

Material handling equipment together with all parts, attachments, accessories, additions,
batteries, chargers, repair parts, and other equipment placed on or forming part of the goods
described herein with any proceeds thereof and therefrom including, without limitation, all goods,
securities, instruments of title, chattel paper and intangibles (as defined in the Personal
Property Security Act).

 

A71

 

162.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gntek Limitee
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Liftcapital Corporation
	 	01/08/2008
	 	01/08/2012
	 	 	641856285	 

Collateral Encumbered:

Material handling equipment together with all parts, attachments, accessories, additions,
batteries, chargers, repair parts, and other equipment placed on or forming part of the goods
described herein with any proceeds thereof and therefrom including, without limitation, all goods,
securities, instruments of title, chattel paper and intangibles (as defined in the Personal
Property Security Act).

163.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Ltd.
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Xerox Canada Ltd.
	 	12/28/2007
	 	12/28/2010
	 	 	641665638	 

Collateral Encumbered:

Equipment, other, no fixed maturity date

164.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gntek Limitee
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Liftcapital Corporation
	 	10/04/2007
	 	10/04/2012
	 	 	639662202	 

Collateral Encumbered:

Material handling equipment together with all parts, attachments, accessories, additions,
batteries, chargers, repair parts, and other equipment placed on or forming part of the goods
described herein with any proceeds thereof and therefrom including, without limitation, all goods,
securities, instruments of title, chattel paper and intangibles (as defined in the Personal
Property Security Act).

 

A72

 

165.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gntek Limitee
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Liftcapital Corporation
	 	01/22/2007
	 	01/22/2011
	 	 	632298312	 

Collateral Encumbered:

Material handling equipment together with all parts, attachments, accessories, additions,
batteries, chargers, repair parts, and other equipment placed on or forming part of the goods
described herein with any proceeds thereof and therefrom including, without limitation, all goods,
securities, instruments of title, chattel paper and intangibles (as defined in the Personal
Property Security Act).

166.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gntek Limitee
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Liftcapital Corporation
	 	10/30/2006
	 	10/30/2011
	 	 	630185265	 

Collateral Encumbered:

Material handling equipment together with all parts, attachments, accessories, additions,
batteries, chargers, repair parts, and other equipment placed on or forming part of the goods
described herein with any proceeds thereof and therefrom including, without limitation, all goods,
securities, instruments of title, chattel paper and intangibles (as defined in the Personal
Property Security Act).

167.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gntek Limitee
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Liftcapital Corporation
	 	06/14/2006
	 	06/14/2011
	 	 	626129217	 

Collateral Encumbered:

Material handling equipment together with all parts, attachments, accessories, additions,
batteries, chargers, repair parts, and other equipment placed on or forming part of the goods
described herein with any proceeds thereof and therefrom including, without limitation, all goods,
securities, instruments of title, chattel paper and intangibles (as defined in the Personal
Property Security Act).

 

A73

 

168.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gntek Limitee
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Liftcapital Corporation/Corporation Liftcapital
	 	04/19/2006
	 	04/19/2012
	 	 	624392739	 

Collateral Encumbered:

Material handling equipment together with all parts, attachments, accessories, additions,
batteries, chargers, repair parts, and other equipment placed on or forming part of the goods
described herein with any proceeds thereof and therefrom including, without limitation, all goods,
securities, instruments of title, chattel paper and intangibles (as defined in the Personal
Property Security Act).

169.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gntek Limitee
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Liftcapital Corporation/Corporation Liftcapital
	 	03/09/2006
	 	03/09/2011
	 	 	623253654	 

Collateral Encumbered:

Material handling equipment together with all parts, attachments, accessories, additions,
batteries, chargers, repair parts, and other equipment placed on or forming part of the goods
described herein with any proceeds thereof and therefrom including, without limitation, all goods,
securities, instruments of title, chattel paper and intangibles (as defined in the Personal
Property Security Act).

170.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Ltd.
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Penske Truck Leasing Canada Inc.
	 	10/28/2005
	 	10/28/2012
	 	 	620066781	 

Collateral Encumbered:

Together with all attachments, accessories, accessions, replacements substitutions, additions and
improvements thereto, and all proceeds in any form derived directly or indirectly from any sale and
or dealings with the collateral and a right to an insurance payment or other payment that
indemnifies or compensates for loss or damage to the collateral or proceeds of the collateral.

2006 Freightliner M2 VIN: 1FVACXDC86HW06296

 

A74

 

171.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Liftcapital Corporation/Corporation Liftcapital
	 	04/19/2020
	 	04/19/2011
	 	 	614622699	 

Collateral Encumbered:

Material handling equipment together with all parts, attachments, accessories, additions,
batteries, chargers, repair parts, and other equipment placed on or forming part of the goods
described herein with any proceeds thereof and therefrom including, without limitation, all goods,
securities, instruments of title, chattel paper and intangibles (as defined in the Personal
Property Security Act).

172.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gntek Limitee
	 
	 	 	 	 	 	 	 	 
	Ontario

	 	Liftcapital Corporation/Corporation Liftcapital
	 	04/19/2010
	 	 04/19/2011
	 	 614645343

Collateral Encumbered:

Material handling equipment together with all parts, attachments, accessories, additions,
batteries, chargers, repair parts, and other equipment placed on or forming part of the goods
described herein with any proceeds thereof and therefrom including, without limitation, all goods,
securities, instruments of title, chattel paper and intangibles (as defined in the Personal
Property Security Act).

173.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Liftcapital Corporation/Corporation Liftcapital
	 	03/24/2005
	 	03/24/2011
	 	 	613616346	 

Collateral Encumbered:

Material handling equipment together with all parts, attachments, accessories, additions,
batteries, chargers, repair parts, and other equipment placed on or forming part of the goods
described herein with any proceeds thereof and therefrom including, without limitation, all goods,
securities, instruments of title, chattel paper and intangibles (as defined in the Personal
Property Security Act).

 

A75

 

174.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Inc.
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Ryder Truck Rental Canada Ltd.
	 	08/31/2004
	 	08/31/2011
	 	 	608611428	 

Collateral Encumbered:

2005 Freightliner M2 VIN: 1FVHCYDC85HN66286

175.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Ryder Truck Rental Canada Ltd.
	 	11/16/2009
	 	11/16/2010
	 	 	601584534	 

Collateral Encumbered:

2004 Freightliner FL80 VIN: 1FVHBXAK24HM57975

176.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits de Batiment Gntek Limitee
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	Liftcapital Corporation
	 	01/30/2008
	 	01/30/2013
	 	 	642376872	 

Collateral Encumbered:

Material handling equipment together with all parts, attachments, accessories, additions,
batteries, chargers, repair parts, and other equipment placed on or forming part of the goods
described herein with any proceeds thereof and therefrom including, without limitation, all goods,
securities, instruments of title, chattel paper and intangibles (as defined in the Personal
Property Security Act).

 

A76

 

177.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Ontario

	 	BML Leasing Limited
	 	11/09/1999
	 	11/09/2014
	 	 	811274751	 

Collateral Encumbered:

All present and after acquired motor vehicles, trailers, and goods, of whatever make or
description, now or hereafter leased by secured party to debtor, together with all additions,
replacements parts, accessions, attachments and improvements thereto, and all proceeds, including
money, chattel paper, intangibles, goods, documents of title, instruments, securities,
substitutions, accounts receivable, rental and loan contacts, all personal property returned,
traded in or repossessed and all insurance proceeds and any other form of proceeds.

178.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited Partnership/Gentek Canada Holdings Limited
	 
	 	 	 	 	 	 	 	 
	Ontario

	 	PHH Vehicle Management Services Inc.
	 	01/22/2010
	 	01/22/2015
	 	 658861353

Collateral Encumbered:

All present and future motor vehicles (including, without limitation, passenger automobiles, vans,
trucks, truck-tractors, truck-trailers, truck-chassis and truck bodies), automotive equipment
(including, without limitation, trailers, boxes, and refrigeration units), materials-handling
equipment and other goods (whether similar or dissimilar to the foregoing) leased from time to time
by the Secured Party to the Debtor, together with, in each case, all present and future parts,
attachments, accessories and accessions attached thereto or installed therein, and all proceeds (as
defined below) of or relating to any of the foregoing.

179.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited Partnership/Gentek Canada Holdings Limited
	 
	 	 	 	 	 	 	 	 
	Ontario

	 	National Leasing Group Inc.
	 	01/05/2010
	 	01/05/2014
	 	 658540989

Collateral Encumbered:

All janitorial cleaning equipment, scrubbers of every nature or kind described in lease number
2486983 between the Secured Party, as lessor and the Debtor as lessee, as amended from time to
time, together with all attachments, accessories and substitutions.

 

A77

 

180.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited Partnership/Gentek Canada Holdings Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Saskatchewan

	 	PHH Vehicle Management Services Inc.
	 	01/22/2010
	 	01/22/2015
	 	 	300545556	 

Collateral Encumbered:

All present and future motor vehicles (including, without limitation, passenger automobiles, vans,
trucks, truck-tractors, truck-trailers, truck-chassis and truck bodies), automotive equipment
(including, without limitation, trailers, boxes, and refrigeration units), materials-handling
equipment and other goods (whether similar or dissimilar to the foregoing) leased from time to time
by the Secured Party to the Debtor, together with, in each case, all present and future parts,
attachments, accessories and accessions attached thereto or installed therein, and all proceeds (as
defined below) of or relating to any of the foregoing.

181.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products
	 
	 	 	 	 	 	 	 	 	 	 
	Saskatchewan

	 	Capital Industrial Sales and Service Ltd.
	 	07/26/2010
	 	07/26/2011
	 	 	300614882	 

Collateral Encumbered:

2009 LINDE 5000LB Sit Down Motor Vehicle Model H25T Serial Number: H2X393W02599

182.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products
	 
	 	 	 	 	 	 	 	 	 	 
	Saskatchewan

	 	Capital Industrial Sales and Service Ltd.
	 	07/26/2010
	 	07/26/2011
	 	 	300614883	 

Collateral Encumbered:

2007 COMBILIFT Motor Vehicle Model: CL30060L Serial Number: 10169

 

A78

 

183.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products
	 
	 	 	 	 	 	 	 	 	 	 
	Saskatchewan

	 	Capital Industrial Sales and Service Ltd.
	 	08/05/2010
	 	08/05/2011
	 	 	300618406	 

Collateral Encumbered:

2007 COMBILIFT 30,000 LB Motor Vehicle Model: CL30060L Serial Number: 10169

184.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products
	 
	 	 	 	 	 	 	 	 	 	 
	Saskatchewan

	 	Capital Industrial Sales and Service Ltd.
	 	09/08/2010
	 	09/08/2011
	 	 	300631836	 

Collateral Encumbered:

2009 LINDE 5000LB Sit Down Motor Vehicle Model H25T Serial Number: H2X393W02599

185.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Saskatchewan

	 	Citicorp Vendor Finance, Ltd.
	 	12/03/2004
	 	 12/03/2016
	 	 	121538425	 

Collateral Encumbered:

2004 Daewoo model GC20SC S/N G6-00148 material handling equipment, together with all parts,
attachments, accessories, additions, batteries, chargers, repair parts and other equipment placed
on or forming part of the goods described herein with any proceeds thereof and therefrom including
without limitation, all goods, securities, instruments, documents of title, chattel paper and
intangibles (as defined in the Personal Property Security Act).

2004 DAEWOO Battery GC20SC Serial Number: G600148

 

A79

 

186.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited/Produits De Batiment Gentek Limitee
	 
	 	 	 	 	 	 	 	 	 	 
	Saskatchewan

	 	PHH Vehicle Management Services Inc.
	 	12/03/2008
	 	12/03/2013
	 	 	300403100	 

Collateral Encumbered:

All present and future motor vehicles (including, without limitation, passenger automobiles, vans,
trucks, truck-tractors, truck-trailers, truck-chassis and truck bodies), automotive equipment
(including, without limitation, trailers, boxes, and refrigeration units), materials-handling
equipment and other goods (whether similar or dissimilar to the foregoing) leased from time to time
by the Secured Party to the Debtor, together with, in each case, all present and future parts,
attachments, accessories and accessions attached thereto or installed therein, and all proceeds (as
defined below) of or relating to any of the foregoing.

187.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Saskatchewan

	 	De Lage Landen
Financial Services
Canada Inc.
	 	12/10/2008
	 	12/10/2015
	 	 	300405652	 

Collateral Encumbered:

All goods supplied by the secured party to the debtor, together with all attachments, accessories,
accessions, replacements, substitutions, additions and improvements to the foregoing proceeds:
goods, chattel paper, securities, money, crops, licenses and intangibles.

Motor Vehicle 2008 Combilift C6000 Forklift Serial Number: 10169

188.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Saskatchewan

	 	De Lage Landen Financial Services Canada Inc.
	 	02/27/2009
	 	02/27/2016
	 	 	300429522	 

Collateral Encumbered:

All goods supplied by the secured party to the debtor, together with all attachments, accessories,
accessions, replacements, substitutions, additions and improvements to the foregoing proceeds:
goods, chattel paper, securities, money, crops, licenses and intangibles.

Motor Vehicle 2009 Combilift C6000 Lift Truck Serial Number: 12164

 

A80

 

189.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Limited
	 
	 	 	 	 	 	 	 	 	 	 
	Saskatchewan

	 	De Lage Landen Financial Services Canada Inc.
	 	03/02/2009
	 	03/02/2016
	 	 	300430029	 

Collateral Encumbered:

All goods supplied by the secured party to the debtor, together with all attachments, accessories,
accessions, replacements, substitutions, additions and improvements to the foregoing proceeds:
goods, chattel paper, securities, money, crops, licenses and intangibles.

Motor Vehicle 2008 Combilift C6000 Lift Truck Serial Number: 12164

190.

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Registration	 	Expiration	 	Registration
	Jurisdiction	 	Secured Party	 	Date	 	Date	 	Number
	 
	 	 	 	 	 	 	 	 	 	 
	Debtor: Gentek Building Products Ltd.
	 
	 	 	 	 	 	 	 	 	 	 
	Saskatchewan

	 	Penske Truck
Leasing Canada
Inc./Camions Penske
Canada Inc.
	 	10/31/2005
	 	10/31/2012
	 	 	122707491	 

Collateral Encumbered:

Together with all attachments, accessories, accessions, replacements substitutions, additions and
improvements thereto, and all proceeds in any form derived directly or indirectly from any sale and
or dealings with the collateral and a right to an insurance payment or other payment that
indemnifies or compensates for loss or damage to the collateral or proceeds of the collateral.

Motor Vehicle 2006 Freightliner M2 CNV: TRUCKS (13) Serial Number: 1FVACXDC86HW06296

 

A81

 

EXHIBIT A

TO THE REVOLVING

CREDIT AGREEMENT

FORM OF ASSIGNMENT AND ACCEPTANCE

This Assignment and Acceptance (the “Assignment and Acceptance”) is dated as of the
Effective Date (as defined below) and is entered into by and between the Assignor (as defined
below) and the Assignee (as defined below). Capitalized terms used in this Assignment and
Acceptance and not otherwise defined herein shall have the meanings specified in the Revolving
Credit Agreement, dated as of October 13, 2010 (as amended, restated, supplemented or otherwise
modified from time to time, the “Credit Agreement”), among CAREY INTERMEDIATE HOLDINGS
CORP., (“Holdings”), ASSOCIATED MATERIALS, LLC (the “Company”), GENTEK HOLDINGS,
LLC (“Gentek Holdings”) and GENTEK BUILDING PRODUCTS, INC. (“Gentek Building
Products”, and together with the Company and Gentek Holdings, the “US Borrowers”, and
each, a “US Borrower”), GENTEK CANADA HOLDINGS LIMITED (“Gentek Canada”),
ASSOCIATED MATERIALS CANADA LIMITED (“AM Canada”) and GENTEK BUILDING PRODUCTS LIMITED
PARTNERSHIP (“Gentek LP”, and together with the Gentek Canada and AM Canada, the
“Canadian Borrowers”, and each, a “Canadian Borrower”, and together with the US
Borrowers, the “Borrowers”), the banks, financial institutions and other institutional
lenders and investors from time to time parties thereto (each individually a “Lender” and
collectively, the “Lenders”), UBS AG, STAMFORD BRANCH, as the US Administrative Agent, UBS
AG CANADA BRANCH as Canadian Administrative Agent and the other agents, arrangers and bookrunners
party thereto.

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 Acceptance as if set
forth herein in full.

For an agreed consideration, the Assignor hereby irrevocably sells and assigns to the
Assignee, and the Assignee hereby irrevocably purchases and assumes from the Assignor, subject to
and in accordance with the Standard Terms and Conditions set forth in Annex 1 hereto and the Credit
Agreement, as of the Effective Date inserted by the US Administrative Agents as contemplated below
(i) all the Assignor’s rights and obligations in its capacity as a Lender 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 the Credit Facility identified below 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) 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 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 pursuant to clauses (i) and (ii) above being referred to herein collectively as the
“Assigned Interest”). Such sale and assignment is without recourse to the Assignor and,
except as expressly provided in this Assignment and Acceptance, without representation or warranty
by the Assignor.

1. Assignor (the “Assignor”): [NAME OF ASSIGNOR]

2. Assignee (the “Assignee”): [NAME OF ASSIGNEE]

 

Exhibit A-1

 

3. Revolving Credit Commitment of Assignor: [                    ]

4. Outstanding Balance of Revolving Credit Loans of Assignor: [                    ]

5. Assigned Interest:

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Total	 	 	 	 	 	 	 	 
	 	 	Commitment of	 	 	Amount of 	 	 	Percentage Assigned	 
	 	 	all Lenders under	 	 	Credit	 	 	of Total	 
	 	 	each Credit	 	 	Facility	 	 	Commitment of all	 
	Credit Facility	 	Facility	 	 	Assigned	 	 	Lenders under each Credit Facility1	 
	US Revolving Credit
Commitment
	 	$	[150,000,000]	 	 	$	[__]	 	 	 	[0.000000000]	%
	Canadian Revolving
Credit Commitment
	 	$	[75,000,000]	 	 	$	[__]	 	 	 	[0.000000000]	%

6. Effective Date of Assignment (the “Effective Date”):                     ,
20_____.2 [subject to the payment of an assignment fee in an amount of $3,500 to the US
Administrative Agent]3.

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

	 	 	 	 	 
	[NAME OF ASSIGNOR], as Assignor	 	 
	 
	 	 	 	 
	by
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 

 

	 	 	 
	1	 	To be set forth, to at least 9 decimals, as a percentage
of the Total Revolving Credit Commitment of all Lenders under each Credit
Facility.
	 
	2	 	To be inserted by the US Administrative Agent and which
shall be the effective date of recordation of transfer in the Register
therefor.
	 
	3	 	To be deleted for assignment made by any Joint
Bookrunner or one of their Affiliates.

 

Exhibit A-2

 

	 	 	 	 	 
	[NAME OF ASSIGNEE], as Assignee	 	 
	 
	 	 	 	 
	by
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 

 

Exhibit A-3

 

Consented to:

	 	 	 	 	 
	UBS AG, STAMFORD BRANCH,

as US Administrative Agent and Letter of Credit Issuer	 	 
	 
	 	 	 	 
	by
	 	 	 	 
	 

	 	 

	 	 
	 

	 	Name:	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	by
	 	 	 	 
	 

	 	 	 	 
	 

	 	Name:	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	UBS AG CANADA BRANCH,

as Canadian Administrative Agent	 	 
	 
	 	 	 	 
	by
	 	 	 	 
	 

	 	 	 	 
	 

	 	Name:	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	by
	 	 	 	 
	 

	 	 	 	 
	 

	 	Name:	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	UBS LOAN FINANCE LLC,

as Swingline Lender	 	 
	 
	 	 	 	 
	by
	 	 	 	 
	 

	 	 	 	 
	 

	 	Name:	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	by
	 	 	 	 
	 

	 	 	 	 
	 

	 	Name:	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	WELLS FARGO CAPITAL FINANCE, LLC,

as Letter of Credit Letter	 	 
	 
	 	 	 	 
	by
	 	 	 	 
	 

	 	 	 	 
	 

	 	Name:	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	by
	 	 	 	 
	 

	 	 	 	 
	 

	 	Name:	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	DEUTSCHE BANK AG NEW YORK BRANCH,

as Letter of Credit Letter	 	 
	 
	 	 	 	 
	by
	 	 	 	 
	 

	 	 	 	 
	 

	 	Name:	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	by
	 	 	 	 
	 

	 	 	 	 
	 

	 	Name:	 	 
	 

	 	Title:	 	 

 

Exhibit A-4

 

	 	 	 	 	 
	DEUTSCHE BANK AG CANADA BRANCH,

as Letter of Credit Letter	 	 
	 
	 	 	 	 
	by
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	by
	 	 	 	 
	 

	 	 	 	 
	 

	 	Name:	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	ASSOCIATED MATERIALS, LLC	 	 
	 
	 	 	 	 
	by
	 	 	 	 
	 

	 	 	 	 
	 

	 	Name:	 	 
	 

	 	Title:                     ]4	 	 

 

	 	 	 
	4	 	No consent of the Company shall be required for an
assignment if an Event of Default under Section 11.1 or Section 11.5 of the
Credit Agreement has occurred and is continuing

 

Exhibit A-5

 

ANNEX I

STANDARD TERMS AND CONDITIONS FOR

ASSIGNMENT AND ACCEPTANCE

1. Representations and Warranties and Agreements.

1.1 Assignor. The Assignor (a) represents and warrants that (i) it is the legal and
beneficial owner of the Assigned Interest, (ii) the Assigned Interest is free and clear of any
Lien, encumbrance or other adverse claim and (iii) its Revolving Credit Commitment, and the
outstanding balances of its Revolving Credit Loans, in each case without giving effect to
assignments thereof which have not become effective, are as set forth in this Assignment and
Acceptance 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 Credit Document,
(ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the
Credit Documents or any collateral thereunder, (iii) the financial condition of the Borrowers, any
of its Subsidiaries or Affiliates or any other Person obligated in respect of any Credit Document
or (iv) the performance or observance by any of the Borrowers, any of its Subsidiaries or
Affiliates or any other Person obligated in respect of any Credit Document of any of their
respective obligations under any Credit Document.

1.2. Assignee. The 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
Acceptance and to consummate the transactions contemplated hereby and to become a Lender under the
Credit Agreement, (ii) it satisfies the requirements, if any, specified in the Credit Agreement
that are required to be satisfied by it in order to acquire the Assigned Interest and become a
Lender thereunder, (iii) from and after the Effective Date, it shall be a party to the Credit
Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and
obligations of a Lender under the Credit Agreement, (iv) it has received a copy of the Credit
Agreement, together with copies of the most recent financial statements delivered pursuant to
Section 9.1 of the Credit Agreement, and such other documents and information as it has deemed
appropriate to make its own credit analysis and decision to enter into this Assignment and
Acceptance and to purchase the Assigned Interest on the basis of which it has made such analysis
and decision independently and without reliance on US Administrative Agent, Canadian Administrative
Agent, the US Collateral Agent, Canadian Collateral Agent, the Assignor or any other Lender and (v)
it meets all requirements of an Eligible Assignee under the Credit Agreement and (b) agrees that
(i) it will, independently and without reliance on US Administrative Agent, Canadian Administrative
Agent, the US Collateral Agent, Canadian Collateral Agent, the 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 Credit Documents, (ii) it will
perform in accordance with their terms all of the obligations which by the terms of the Credit
Documents are required to be performed by it as a Lender, including, if it is a Non-U.S. Lender,
its obligations pursuant to Section 5.4 of the Credit Agreement, and (iii) it will notify the
Company promptly should the assignee not deal at arm’s length with the relevant Canadian Borrower
for purposes of the Income Tax Act (Canada).

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

 

Annex 1 to Exhibit A

 

3. General Provisions.

3.1 In accordance with Section 13.6 of the Credit Agreement, upon execution, delivery,
acceptance and recording of this Assignment and Acceptance, from and after the Effective Date, (a)
the Assignee shall be a party to the Credit Agreement and, to the extent provided in this
Assignment and Acceptance, have the rights and obligations of a Lender under the Credit Agreement
with Commitments as set forth herein and (b) the Assignor shall, to the extent of the Assigned
Interest assigned pursuant to this Assignment and Acceptance, be released from its obligations
under the Credit Agreement (and if this Assignment and Acceptance covers all of the Assignor’s
rights and obligations under the Credit Agreement, the Assignor shall cease to be a party to the
Credit Agreement but shall continue to be entitled to the benefits of Sections 2.10, 2.11, 3.5, 5.4
and 13.5 thereof).

3.2 This Assignment and Acceptance shall be binding upon and inure to the benefit of the
parties hereto and their respective successors and assigns. This Assignment and Acceptance may be
executed by one or more of the parties to this Assignment and Acceptance on any number of separate
counterparts (including by facsimile or other electronic transmission (i.e., a “PDF or “TIFF”
file)), and all of said counterparts taken together shall be deemed to constitute one and the same
instrument. This Assignment and Acceptance and the rights and obligations of the parties hereunder
shall be construed in accordance with and governed by and interpreted under the law of the state of
New York.

 

Annex 1 to Exhibit A

 

EXHIBIT B-1

TO THE REVOLVING

CREDIT AGREEMENT

FORM OF US GUARANTEE

[To come]

 

Exhibit B-1-1

 

EXHIBIT B-2

TO THE REVOLVING

CREDIT AGREEMENT

FORM OF CANADIAN GUARANTEE

[To come]

 

Exhibit C-1-1

 

EXHIBIT C-1

TO THE REVOLVING

CREDIT AGREEMENT

FORM OF US MORTGAGE

[To Come]

 

Exhibit C-1-1

 

EXHIBIT C-2

TO THE REVOLVING

CREDIT AGREEMENT

FORM OF CANADIAN MORTGAGE

[To Come]

 

Exhibit C-2-1

 

EXHIBIT D

TO THE REVOLVING

CREDIT AGREEMENT

PERFECTION CERTIFICATE

[To Come]

 

Exhibit D-1

 

EXHIBIT E-1

TO THE REVOLVING

CREDIT AGREEMENT

FORM OF US SECURITY AGREEMENT

[To Come]

 

Exhibit E-1-1

 

EXHIBIT E-2

TO THE REVOLVING
CREDIT AGREEMENT

FORM OF CANADIAN SECURITY AGREEMENT

[To Come]

 

Exhibit E-2-1

 

EXHIBIT E-3

TO THE REVOLVING
CREDIT AGREEMENT

FORM OF US PLEDGE AGREEMENT

[To Come]

 

Exhibit E-3-1

 

EXHIBIT F-1

TO THE REVOLVING
CREDIT AGREEMENT

FORM OF CANADIAN PLEDGE AGREEMENT

[To Come]

 

Exhibit F-1-1

 

EXHIBIT F-1

TO THE REVOLVING
CREDIT AGREEMENT

FORM OF NOTICE OF BORROWING

[UBS AG, STAMFORD BRANCH

as US Administrative Agent

677 Washington Boulevard

Stamford, Connecticut 06901

UBS AG CANADA BRANCH

as Canadian Administrative Agent

c/o UBS AG, Stamford Branch

677 Washington Boulevard

Stamford, Connecticut 06901]5

Ladies and Gentlemen:

The undersigned, Associated Materials, LLC (the “Company”) [as agent for [Name of
Borrower]6], refers to the Revolving Credit Agreement dated October 13, 2010 (as
amended, restated, supplemented or otherwise modified from time to time, the “Credit
Agreement”), CAREY INTERMEDIATE HOLDINGS CORP., (“Holdings”), the Company, GENTEK
HOLDINGS, LLC (“Gentek Holdings”) and GENTEK BUILDING PRODUCTS, INC. (“Gentek Building
Products”, and together with the Company and Gentek Holdings, the “US Borrowers”, and
each, a “US Borrower”), GENTEK CANADA HOLDINGS LIMITED (“Gentek Canada”),
ASSOCIATED MATERIALS CANADA LIMITED (“AM Canada”) and GENTEK BUILDING PRODUCTS LIMITED
PARTNERSHIP (“Gentek LP”, and together with the Gentek Canada and AM Canada, the
“Canadian Borrowers”, and each, a “Canadian Borrower”, and together with the US
Borrowers, the “Borrowers”), the banks, financial institutions and other institutional
lenders and investors from time to time parties thereto (each individually a “Lender” and
collectively, the “Lenders”), UBS AG, STAMFORD BRANCH, as the US Administrative Agent, UBS
AG CANADA BRANCH as Canadian Administrative Agent and the other agents, arrangers and bookrunners
party thereto.

Capitalized terms used herein and not otherwise defined herein are used herein as defined in
the Credit Agreement, dated October 13, 2010.

The Company hereby gives you notice pursuant to Section 2.3 of the Credit Agreement that it
hereby requests a Borrowing under the Credit Agreement and, in connection therewith, sets forth
below the terms on which such Borrowing is requested to be made:

(A) Borrower(s):                     

 

	 	 	 
	5	 	Insert appropriate Administrative Agent(s)
	 
	6	 	Insert name of the applicable Borrower(s)

 

Exhibit F-1-1

 

	 	 	 
	(B)	 	Date of Borrowing                     ,
20_____ 

	 
	(C)	 	Aggregate Principal $                    
amount of Borrowing

(D) The Loans [US Revolving Credit Loans][Canadian Revolving Credit Loans][US Swingline
Loans][Canadian Swingline Loans]

(E) Currency                     

(F) Class of Borrowing Revolving

(G) Type of Borrowing                     7

[(H) Interest Period                     ]8

[The undersigned hereby certifies that (a) subject to the provisions of Section 7.1 of the
Credit Agreement, all representations and warranties made by any Credit Party contained in the
Credit Agreement or in the other Credit Documents shall be true and correct in all material
respects with the same effect as though such representations and warranties had been made on and as
of the date of the Borrowing requested hereby (except where such representations and warranties
expressly relate to an earlier date, in which case such representations and warranties were true
and correct in all material respects as of such earlier date), and (b) no Default or Event of
Default shall have occurred and be continuing as of the date of the Borrowing requested hereby nor,
after giving effect to the Borrowing requested hereby, would such a Default or Event of Default
occur.]9

[If any Borrowing of Eurodollar Loan or CDOR Rate Loan is not made as a result of a withdrawn
Notice of Borrowing, the [Name of Borrower] shall, after receipt of a written request by any Lender
(which request shall set forth in reasonable detail the basis for requesting such amount), pay to
the applicable Administrative Agent for the account of such Lender any amounts required to
compensate such Lender for any additional losses, costs or expenses that such Lender may reasonably
incur as a result of such payment, failure to convert, failure to continue, failure to prepay,
reduction or failure to reduce, including any loss, cost or expense (excluding loss of anticipated
profits) actually incurred by reason of the
liquidation or reemployment of deposits or other funds acquired by such Lender to fund or
maintain such Eurodollar Loan or CDOR Rate Loan, as applicable].10

 

	 	 	 
	7	 	Specify ABR Loans, Canadian Base Rate Loans, Eurodollar
Loan or CDOR Rate Loans. US Swingline Loans may only be ABR Loans. Canadian
Swingline Loans denominated in US Dollars may only be ABR Loans and Canadian
Swingline Loans denominated in Canadian Dollars may only be Canadian Base Rate
Loans.
	 
	8	 	Applicable to Borrowings of Eurodollar Loan or CDOR Rate
Loan only and subject to the definition of “Interest Period” and Section 2.9 of
the Credit Agreement.
	 
	9	 	Include for all Credit Events except Initial Credit
Event.
	 
	10	 	Only include for Initial Credit Event.

 

Exhibit F-1-2

 

EXHIBIT F-1

TO THE REVOLVING
CREDIT AGREEMENT

	 	 	 	 	 	 	 
	 	 	ASSOCIATED MATERIALS, LLC, as

the Company	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

 

Exhibit F-1-1

 

EXHIBIT F-2

TO THE REVOLVING
CREDIT AGREEMENT

FORM OF LETTER OF CREDIT REQUEST

No. [___]11 Dated [___]12

[UBS AG, STAMFORD BRANCH]/[UBS AG CANADA BRANCH]

as [US]/[Canadian] Administrative Agent and [Letter of Credit Issuer]

[c/o UBS AG, STAMFORD BRANCH]13

677 Washington Boulevard

Stamford, Connecticut 06901

[                    ]14

Ladies and Gentlemen:

The undersigned, [Name of Borrower (the “[US/Canadian] Borrower”)], refers to the Revolving Credit
Agreement dated October 13, 2010 (as amended, restated, supplemented or otherwise modified from
time to time, the “Revolving Credit Agreement”), among CAREY INTERMEDIATE HOLDINGS CORP.,
(“Holdings”), ASSOCIATED MATERIALS, LLC (the “Company”), GENTEK HOLDINGS, LLC
(“Gentek Holdings”) and GENTEK BUILDING PRODUCTS, INC. (“Gentek Building Products”,
and together with the Company and Gentek Holdings, the “US Borrowers”, and each, a “US
Borrower”), GENTEK CANADA HOLDINGS LIMITED (“Gentek Canada”), ASSOCIATED MATERIALS
CANADA LIMITED (“AM Canada”) and GENTEK BUILDING PRODUCTS LIMITED PARTNERSHIP (“Gentek
LP”, and together with the Gentek Canada and AM Canada, the “Canadian Borrowers”, and
each, a “Canadian Borrower”, and together with the US Borrowers, the “Borrowers”),
the banks, financial institutions and other institutional lenders and investors from time to time
parties thereto (each individually a “Lender” and collectively, the “Lenders”), UBS
AG, STAMFORD BRANCH, as US Administrative Agent, UBS AG CANADA BRANCH, as Canadian Administrative
Agent and the other agents, arrangers and bookrunners party thereto.

Capitalized terms used herein and not otherwise defined herein are used herein as defined in
the draft of the Revolving Credit Agreement.

 

	 	 	 
	11	 	Letter of Credit Request Number.
	 
	12	 	Date of Letter of Credit Request (at least two Business
Days prior to the Date of Issuance or such lesser number of Business Days as
may be agreed by the Administrative Agent and such Letter of Credit Issuer).
	 
	13	 	Insert only if Canadian Letter of Credit is being
issued.
	 
	14	 	Insert name and address of Letter of Credit Issuer if
not the Administrative Agent.

 

Exhibit F-2-1

 

The undersigned hereby requests that the [US/Canadian] Letter of Credit Issuer named above
issue a Letter of Credit on [_____]15 (the “Date of Issuance”) in the
aggregate stated amount of [_____]16 in [US Dollars/Canadian Dollars].

For purposes of this Letter of Credit Request, unless otherwise defined, all capitalized terms
used herein that are defined in the Credit Agreement shall have the respective meanings provided
therein.

The beneficiary of the requested Letter of Credit will be [_____]17, and such
Letter of Credit will be in support of [_____]18 and will have a stated
termination date of [_____]19.

[The undersigned hereby certifies that (a) subject to the provisions of Section 7.1 of the
Revolving Credit Agreement, all representations and warranties made by any Credit Party contained
in the Revolving Credit Agreement or in the other Credit Documents shall be true and correct in all
material respects with the same effect as though such representations and warranties had been made
on and as of the Date of Issuance (except where such representations and warranties expressly
relate to an earlier date, in which case such representations and warranties were true and correct
in all material respects as of such earlier date), and (b) no Default or Event of Default shall
have occurred and be continuing as of the issue date of the Letter of Credit requested hereby nor,
after giving effect to the issuance of the Letter of Credit requested hereby, would such a Default
or Event of Default occur].20

Copies of all documentation with respect to the supported transaction are attached hereto.

	 	 	 	 	 	 	 
	 	 	[                    ], as [US/Canadian] Borrower	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

 

	 	 	 
	15	 	Date of Issuance.
	 
	16	 	Aggregate initial stated amount of Letter of Credit.
	 
	17	 	Insert name and address of beneficiary.
	 
	18	 	Insert description of supported obligations and name of
agreement to which it relates, if any.
	 
	19	 	Insert last date upon which drafts may be presented.
	 
	20	 	Include for all Credit Events except Initial Credit Event.

 

Exhibit F-2-1

 

EXHIBIT G-1

TO THE REVOLVING
CREDIT AGREEMENT

FORM OF LEGAL OPINION OF SIMPSON THACHER & BARTLETT LLP

 

Exhibit G-1-1

 

EXHIBIT G-2

TO THE REVOLVING
CREDIT AGREEMENT

FORM OF LEGAL OPINION OF OSLER, HOSKIN & HARCOURT LLP

 

Exhibit G-2-1

 

EXHIBIT G-2

TO THE REVOLVING
CREDIT AGREEMENT

FORM
OF LEGAL OPINION OF [FOREIGN AND LOCAL
COUNSEL]21

 

	 	 	 
	21	 	List of counsel to be provided by STB.

 

Exhibit G-2-1

 

EXHIBIT H

TO THE REVOLVING
CREDIT AGREEMENT

FORM OF CLOSING CERTIFICATE

October [___], 2010

Reference is made to Section 6.5 of the Revolving Credit Agreement dated as of October 13,
2010 (the “Credit Agreement”; terms defined therein being used herein as therein defined),
among CAREY INTERMEDIATE HOLDINGS CORP., (“Holdings”), ASSOCIATED MATERIALS, LLC, GENTEK
HOLDINGS, LLC (“Gentek Holdings”) and GENTEK BUILDING PRODUCTS, INC. (“Gentek Building
Products”, and together with the Company and Gentek Holdings, the “US Borrowers”, and
each, a “US Borrower”), GENTEK CANADA HOLDINGS LIMITED (“Gentek Canada”),
ASSOCIATED MATERIALS CANADA LIMITED (“AM Canada”) and GENTEK BUILDING PRODUCTS LIMITED
PARTNERSHIP (“Gentek LP”, and together with the Gentek Canada and AM Canada, the
“Canadian Borrowers”, and each, a “Canadian Borrower”, and together with the US
Borrowers, the “Borrowers”), the banks, financial institutions and other institutional
lenders and investors from time to time parties thereto (each individually a “Lender” and
collectively, the “Lenders”), UBS AG, STAMFORD BRANCH, as the US Administrative Agent, UBS
AG CANADA BRANCH as Canadian Administrative Agent and the other agents, arrangers and bookrunners
party thereto.

The undersigned, [___], the [___] of each company listed on Schedule I hereto (each, a
“Company”), hereby certifies as follows:

[___] is the duly elected [___] of each Company and the signature set forth on the signature line
for such officer below is such officer’s true and genuine signature, and such officer is duly
authorized to execute and deliver, on behalf of each Company the Credit Documents to be delivered
by each Company.

The undersigned [___], the [___] of each Company, certifies as follows:

a. Attached hereto as Exhibit A is a true, complete and correct copy of the
certificate of [incorporation] [formation] of each Company, and each such certificate of
[incorporation] [formation] is in full force and effect on the date hereof and has not otherwise
been amended, repealed, modified or restated.

b. Attached hereto as Exhibit B is a true, complete and correct copy of the [bylaws]
[limited liability company agreement] of each Company, and each such [bylaws] [limited liability
company agreement] [are] [is] in full force and effect on the date hereof and [have] [has] not
otherwise been amended, repealed, modified or restated.

c. Attached hereto as Exhibit C is a complete and correct copy of the resolutions duly
adopted by the [board of directors] [sole member] of each Company authorizing the execution,
delivery and performance of the Credit Agreement and each other Credit Document to which each
Company is a party; such resolutions have not in any way been amended, modified, revoked or
rescinded, have been in full force and effect since their adoption to and including the date hereof
and are now in full force and effect; and such resolutions are the only proceedings of each Company
now in force relating to or affecting the matters referred to therein.

 

Exhibit H-1

 

d. Attached hereto as Exhibit D is a list of the duly elected and qualified officers
of each Company holding the offices indicated next to their respective names, and the signatures
appearing opposite their respective names are the true and genuine signatures of such officers, and
each of such officers
is duly authorized to execute and deliver on behalf of each Company the Credit Agreement and
each other Credit Document to which such Company is a party and any certificate or other document
to be delivered by such Company pursuant to any Credit Document to which such Company is a party.

e. Attached hereto as Exhibit E is a copy of the certificate of good standing of each
Company.

f. Simpson Thacher & Bartlett LLP is entitled to rely on this certificate in connection with
the opinion that it is rendering pursuant to the Credit Agreement.

 

Exhibit H-2

 

IN WITNESS WHEREOF, the undersigned have hereto set our names as of the date first written
above.

	 	 	 	 	 	 	 	 	 
	By:

	 	 	 	By:	 	 	 	 
	 

	 	 

Name: [                    ]
	 	 	 	 

Name: [                    ]
	 	 
	 

	 	Title: [                    ]
	 	 	 	Title: [                    ]	 	 

 

Exhibit H-3

 

Schedule I

[                                        ]

 

Exhibit H-4

 

Exhibit A

Certificate of [Incorporation][Formation]

 

Exhibit H-5

 

Exhibit B

[Bylaws][Limited Liability Company Agreement]

 

Exhibit H-6

 

Exhibit C

Resolutions

 

Exhibit H-7

 

Exhibit D

Incumbencies

	 	 	 	 	 
	Name	 	Office	 	Signature
	 
	 	 	 	 
	[                    ]

	 	[                    ]	 	 
	 

	 	 	 	                                        
	[                    ]

	 	[                    ]	 	 
	 

	 	 	 	                                        
	[                    ]

	 	[                    ]	 	 
	 

	 	 	 	                                        
	[                    ]

	 	[                    ]	 	 
	 

	 	 	 	                                        
	[                    ]

	 	[                    ]	 	 
	 

	 	 	 	                                        

 

Exhibit H-8

 

Exhibit E

Certificates of Good Standing

 

Exhibit H-9

 

EXHIBIT I

TO THE REVOLVING
CREDIT AGREEMENT

FORM OF PROMISSORY NOTE

(REVOLVING CREDIT AND SWINGLINE LOANS)

			
	 	 	 
	 
	 	New York
	$
	 	[                    ], 20[     ]

FOR VALUE RECEIVED, the undersigned, [BORROWER], (the
“[US/Canadian]Borrower”)], hereby unconditionally promises to pay to the order of
[Lender] or its registered assigns (the “Lender”), at the Administrative Agent’s Office or
such other place as [UBS AG, STAMFORD BRANCH]/[UBS AG CANADA BRANCH] (the “Administrative
Agent”) shall have specified, in [Dollars/Canadian Dollars] and in immediately available funds,
in accordance with Section 2.5 of the Credit Agreement (as defined below; capitalized terms used
and not otherwise defined herein shall have the meanings assigned to such terms in the Credit
Agreement) on the [Revolving Credit] [Swingline] Maturity Date the principal amount of [                    ] US Dollars ($[                    ]) or, if less, the aggregate unpaid principal
amount of all advances made by the Lender to the Borrower as [[US/Canadian]Revolving Credit]
[US/Canadian]Swingline] Loans pursuant to the Credit Agreement. The Borrower further
unconditionally promises to pay interest in like money at such office on the unpaid principal
amount hereof from time to time outstanding at the rates per annum and on the dates specified in
Section 2.8 of the Credit Agreement.

This Promissory Note is one of the promissory notes referred to in Section 13.6 of the
Revolving Credit Agreement, dated as of October 13, 2010 (as amended, restated, supplemented or
otherwise modified from time to time, the “Credit Agreement”), among CAREY INTERMEDIATE
HOLDINGS CORP., (“Holdings”), ASSOCIATED MATERIALS, LLC (the “Company”), GENTEK
HOLDINGS, LLC (“Gentek Holdings”) and GENTEK BUILDING PRODUCTS, INC. (“Gentek Building
Products”, and together with the Company and Gentek Holdings, the “US Borrowers”, and
each, a “US Borrower”), GENTEK CANADA HOLDINGS LIMITED (“Gentek Canada”),
ASSOCIATED MATERIALS CANADA LIMITED (“AM Canada”) and GENTEK BUILDING PRODUCTS LIMITED
PARTNERSHIP (“Gentek LP”, and together with the Gentek Canada and AM Canada, the
“Canadian Borrowers”, and each, a “Canadian Borrower”, and together with the US
Borrowers, the “Borrowers”), the banks, financial institutions and other institutional
lenders and investors from time to time parties thereto, UBS AG, STAMFORD BRANCH, as the US
Administrative Agent, UBS AG CANADA BRANCH as Canadian Administrative Agent and the other agents,
arrangers and bookrunners party thereto. This Promissory Note is subject to, and the Lender is
entitled to the benefits of, the provisions of the Credit Agreement, and the [US/Canadian]
Revolving Credit] [US/Canadian] Swingline] Loans evidenced hereby are guaranteed and secured as
provided therein and in the other Credit Documents. The [US/Canadian] Revolving Credit]
[US/Canadian] Swingline] Loans evidenced hereby are subject to prepayment prior to the [Revolving
Credit] [Swingline] Maturity Date, in whole or in part, as provided in the Credit Agreement.

All parties now and hereafter liable with respect to this Promissory Note, whether maker,
principal, surety, guarantor, endorser or otherwise, hereby waive diligence, presentment, demand,
protest and notice of any kind whatsoever in connection with this Promissory Note. No failure to
exercise and no delay in exercising, on the part of the Administrative Agent or the Lender, any
right, remedy, power or privilege hereunder or under the Credit Documents shall operate as a waiver
thereof, nor shall any single or partial exercise of any right, remedy, power or privilege
hereunder or thereunder preclude any other or further exercise thereof or the exercise of any other
right, remedy, power or privilege. A waiver by the Administrative Agent or the Lender of any
right, remedy, power or privilege hereunder or under any
Credit Document on any one occasion shall not be construed as a bar to any right or remedy
that the Administrative Agent or the Lender would otherwise have on any future occasion. The
rights, remedies, powers and privileges herein provided are cumulative, may be exercised singly or
concurrently and are not exclusive of any rights, remedies, powers and privileges provided by law.

 

Exhibit I-1

 

All payments in respect of the principal of and interest on this Promissory Note shall be made
to the Person recorded in the Register as the holder of this Promissory Note, as described more
fully in Section 2.5(c) of the Credit Agreement, and such Person shall be treated as the Lender
hereunder for all purposes of the Credit Agreement.

Whenever any interest under this Promissory Note is calculated using a rate based on a year of
360 days or 365 days, as the case may be, the rate determined pursuant to such calculation, when
expressed as an annual rate, is equivalent to (x) the applicable rate based on a year of 360 days
or 365 days, as the case may be, (y) multiplied by the actual number of days in the calendar year
in which such rate is to be ascertained and (z) divided by 360 or 365, as the case may be.

THIS PROMISSORY NOTE SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH,
THE LAW OF THE STATE OF NEW YORK.

	 	 	 	 	 
	[BORROWER]	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 

 

Exhibit J-1-2

 

EXHIBIT J-1

TO THE REVOLVING
CREDIT AGREEMENT

US INTERCOMPANY NOTE

New York, New York

[                    ], 2010

FOR VALUE RECEIVED, each of the undersigned, to the extent a borrower from time to time from
any other entity listed on the signature page hereto (each, in such capacity, a “Payor”),
hereby promises to pay on demand to the order of such other entity listed below (each, in such
capacity, a “Payee”), in lawful money of the United States of America, or in such other
currency as agreed to by such Payor and such Payee, in immediately available funds, at such
location as a Payee shall from time to time designate, the unpaid principal amount of all loans and
advances (including trade payables) made by such Payee to such Payor. Each Payor promises also to
pay interest on the unpaid principal amount of all such loans and advances in like money at said
location from the date of such loans and advances until paid at such rate per annum as shall be
agreed upon from time to time by such Payor and such Payee.

Reference is made to (i) that certain Revolving Credit Agreement, dated as of October 13, 2010
(as amended, amended and restated, supplemented or otherwise modified from time to time, the
“Revolving Credit Agreement”) by and among CAREY INTERMEDIATE HOLDINGS CORP.,
(“Holdings”), ASSOCIATED MATERIALS, LLC (the “Company”), GENTEK HOLDINGS, LLC
(“Gentek Holdings”) and GENTEK BUILDING PRODUCTS, INC. (“Gentek Building Products”,
and together with the Company and Gentek Holdings, the “US Borrowers”, and each, a “US
Borrower”), GENTEK CANADA HOLDINGS LIMITED (“Gentek Canada”), ASSOCIATED MATERIALS
CANADA LIMITED (“AM Canada”) and GENTEK BUILDING PRODUCTS LIMITED PARTNERSHIP (“Gentek
LP”, and together with the Gentek Canada and AM Canada, the “Canadian Borrowers”, and
each, a “Canadian Borrower”, and together with the US Borrowers, the “Borrowers”),
the Revolving Lenders from time to time parties thereto, UBS AG, STAMFORD BRANCH, as US
Administrative, UBS AG CANADA BRANCH as Canadian Administrative Agent and the other agents,
arrangers and bookrunners party thereto, (ii) that certain Senior Secured Notes Indenture, dated as
of October 13, 2010 (as amended, amended and restated, supplemented or otherwise modified from time
to time, the “Indenture”) by and among the Company, CAREY ACQUISITION CORP., CAREY NEW
FINANCE, INC., Gentek Holdings, Gentek Building Products and WELLS FARO BANK, NATIONAL ASSOCIATION,
as trustee, and in its capacity as collateral agent, (together with its successors in such
capacity, the “Notes Collateral Agent”), and (iii) that certain Intercreditor Agreement
dated as of October 13, 2010 (as amended, amended and restated, supplemented or otherwise modified
from time to time, the “Intercreditor Agreement”) among the Revolving Collateral Agent and
Notes Collateral Agent and acknowledged by the Grantors. Capitalized terms used in this
intercompany promissory note (this “Note”) but not otherwise defined herein shall have the
meanings given to them in the Intercreditor Agreement.

This Note shall be pledged by each Payee that is either the Company or a Domestic Subsidiary
(as defined in the Revolving Credit Agreement) (i) to the Notes Collateral Agent, for the benefit
of the Notes Claimholders, pursuant to the Notes Collateral Documents as collateral security for
the full and prompt payment when due of, and the performance of, such Payee’s Notes Obligations and
(ii) to the Revolving Collateral Agent, for the benefit of the Revolving Claimholders, pursuant to
the Revolving Collateral Documents as collateral security for the full and prompt payment when due
of, and the performance of, such Payee’s Revolving Obligations. Each Payee hereby acknowledges and
agrees that (i) after the occurrence of and during the continuance of a Notes Default, but subject
to the terms of the Intercreditor Agreement, the Notes Collateral Agent may, in addition to the
other rights and remedies provided pursuant to the Notes Documents and otherwise available to it,
exercise all rights of the Payees with respect to this
Note and (ii) after the occurrence of and during the continuance of a Revolving Default, but
subject to the terms of the Intercreditor Agreement, the Revolving Collateral Agent may, in
addition to the other rights and remedies provided pursuant to the Revolving Loan Documents and
otherwise available to it, exercise all rights of the Payees with respect to this Note.

 

Exhibit J-1-1

 

Anything in this Note to the contrary notwithstanding, the indebtedness evidenced by this Note
owed by any Payor that is a Credit Party (as defined in the Revolving Credit Agreement)(a
“Credit Party Payor”) to any Payee that is not a Credit Party (a “Non-Credit Party
Payee”) shall be subordinate and junior in right of payment, to the extent and in the manner
hereinafter set forth, to all Revolving Obligations of such Credit Party Payor to the Revolving
Claimholders until the Termination Date (as defined in the US Revolving Security Agreement) (or in
the case of a Credit Party Payor that is a Canadian Credit Party (as defined in the Revolving
Credit Agreement), until the “Termination Date”, as defined in that certain Security Agreement,
dated the date hereof, by and among the Canadian Credit Parties and the Canadian Collateral Agent)
and to all Notes Obligations of such Credit Party Payor to the Notes Claimholders until the
Termination Date (as defined in the Notes Security Agreement); provided that each
Credit Party Payor may make payments to the applicable Non-Credit Party Payee so long as no
Revolving Default or Notes Default shall have occurred and be continuing (such Obligations and
other indebtedness and obligations in connection with any renewal, refunding, restructuring or
refinancing thereof, including interest thereon accruing after the commencement of any proceedings
referred to in clause (i) below, whether or not such interest is an allowed claim in such
proceeding, being hereinafter collectively referred to as “Senior Indebtedness”)):

(i) In the event of any insolvency or bankruptcy proceedings, and any receivership,
liquidation, reorganization or other similar proceedings in connection therewith, relative
to any Credit Party Payor or to its property, and in the event of any proceedings for
voluntary liquidation, dissolution or other winding up of such Credit Party Payor (except as
expressly permitted by the Revolving Loan Documents and the Notes Documents), whether or not
involving insolvency or bankruptcy, then, if a Revolving Default or Notes Default has
occurred and is continuing (x) the holders of Senior Indebtedness shall be irrevocably paid
in full in cash in respect of all amounts constituting Senior Indebtedness (other than
Hedging Obligations (as defined in the Revolving Credit Agreement), Cash Management
Obligations (as defined in the Revolving Credit Agreement) or contingent indemnification
obligations) before any Non-Credit Party Payee is entitled to receive (whether directly or
indirectly), or make any demands for, any payment on account of this Note and (y) until the
holders of Senior Indebtedness are irrevocably paid in full in cash in respect of all
amounts constituting Senior Indebtedness (other than Hedging Obligations, Cash Management
Obligations or contingent indemnification obligations), any payment or distribution to which
such Non-Credit Party Payee would otherwise be entitled (other than debt securities of such
Credit Party Payor that are subordinated, to at least the same extent as this Note, to the
payment of all Senior Indebtedness then outstanding (such securities being hereinafter
referred to as “Restructured Debt Securities”)) shall be made to the holders of
Senior Indebtedness;

(ii) if any Revolving Default or Notes Default occurs and is continuing, then no
payment or distribution of any kind or character shall be made by or on behalf of the Credit
Party Payor or any other Person on its behalf with respect to this Note to a Non-Credit
Party Payee;

(iii) if any payment or distribution of any character, whether in cash, securities or
other property (other than Restructured Debt Securities), in respect of this Note shall
(despite these subordination provisions) be received by any Non-Credit Party Payee in
violation of clause (i) or (ii) before all Senior Indebtedness shall have been irrevocably
paid in full in cash (other than Hedging Obligations, Cash Management Obligations or
contingent indemnification obligations), such payment or distribution shall be held in trust
for the benefit of, and shall be paid over or
delivered in accordance with the Notes Documents and Revolving Loan Documents, subject
to the terms of the Intercreditor Agreement; and

 

Exhibit J-1-2

 

(iv) Each Non-Credit Party Payee agrees to file all claims against each relevant Credit
Party Payor in any bankruptcy or other proceeding in which the filing of claims is required
by law in respect of any Senior Indebtedness, and the Notes Collateral Agent and the
Revolving Collateral Agent (together, the “Collateral Agents”) shall be entitled to
all of such Non-Credit Party Payee’s rights thereunder. If for any reason a Non-Credit
Party Payee fails to file such claim at least ten (10) days prior to the last date on which
such claim should be filed, such Non-Credit Party Payee hereby irrevocably appoints each of
the Collateral Agents as its true and lawful attorney-in-fact and each of the Collateral
Agents is hereby authorized to act as attorney-in-fact in such Non-Credit Party Payee’s name
to file such claim or, in each such Collateral Agent’s discretion, to assign such claim to
and cause proof of claim to be filed in the name of each such Collateral Agent or its
nominee. In all such cases, whether in administration, bankruptcy or otherwise, the person
or persons authorized to pay such claim shall pay to the applicable Collateral Agent the
full amount payable on the claim in the proceeding, and, to the full extent necessary for
that purpose, each Non-Credit Party Payee hereby assigns to each of the Collateral Agents
all of such Non-Credit Party Payee’s rights to any payments or distributions to which such
Non-Credit Party Payee otherwise would be entitled. If the amount so paid is greater than
such Credit Party Payor’s liability hereunder, the Collateral Agents shall pay the excess
amount to the party entitled thereto under the Intercreditor Agreement and applicable law.
In addition, each Non-Credit Party Payee hereby irrevocably appoints each Collateral Agent
as its attorney-in-fact to exercise all of such Non-Credit Party Payee’s voting rights in
connection with any bankruptcy proceeding or any plan for the reorganization of each
relevant Credit Party Payor.

To the fullest extent permitted by law, no present or future holder of Senior Indebtedness
shall be prejudiced in its right to enforce the subordination of this Note by any act or failure to
act on the part of any Credit Party Payor or Non-Credit Party Payee or by any act or failure to act
on the part of such holder or any trustee or agent for such holder. Each Non-Credit Party Payee
and each Credit Party Payor hereby agree that the subordination of this Note is for the benefit of
each Collateral Agent and the other Secured Parties (as defined in the Revolving Credit Agreement
and the Indenture). Each Collateral Agent and the other Secured Parties are obligees under this
Note to the same extent as if their names were written herein as such and each Collateral Agent
may, on behalf of itself, and the Claimholders, proceed to enforce the subordination provisions
herein.

The indebtedness evidenced by this Note owed by any Payor that is not a Credit Party Payor
shall not be subordinated to, and shall rank pari passu in right of payment with, any other
obligation of such Payor.

Nothing contained in the subordination provisions set forth above is intended to or will
impair, as between each Credit Party Payor and each Non-Credit Party Payee, the obligations of such
Credit Party Payor, which are absolute and unconditional, to pay to such Non-Credit Party Payee the
principal of and interest on this Note as and when due and payable in accordance with its terms, or
is intended to or will affect the relative rights of such Non-Credit Party Payee and other
creditors of such Credit Party Payor other than the holders of Senior Indebtedness.

Each Payee is hereby authorized to record all loans and advances made by it to any Payor (all
of which shall be evidenced by this Note), and all repayments or prepayments thereof, in its books
and records, such books and records constituting prima facie evidence of the accuracy of the
information contained therein.

 

Exhibit J-1-3

 

Each Payor hereby waives presentment, demand, protest or notice of any kind in connection with
this Note. All payments under this Note shall be made without offset, counterclaim or deduction of
any kind.

It is understood that this Note shall not evidence indebtedness in respect of accounts payable
incurred in connection with goods sold or services rendered in the ordinary course of business and
not in connection with the borrowing of money.

This Note shall be binding upon each Payor and its successors and assigns, and the terms and
provisions of this Note shall inure to the benefit of each Payee and their respective successors
and assigns, including subsequent holders hereof. Notwithstanding anything to the contrary
contained herein, in any Notes Collateral Document, in any Revolving Collateral Document or in any
other promissory note or other instrument, this Note replaces and supersedes any and all promissory
notes or other instruments which create or evidence any loans or advances made on, before or after
the date hereof by any Payor to any Payee.

From time to time after the date hereof, additional Subsidiaries of the Company may become
parties hereto (as Payor and/or Payee, as the case may be) by executing a counterpart signature
page to this Note (each additional Subsidiary, an “Additional Party”). Upon delivery of
such counterpart signature page to the Payees, notice of which is hereby waived by the Payors, each
Additional Party shall be a Payor and/or a Payee, as the case may be, and shall be as fully a party
hereto as if such Additional Party were an original signatory hereof. Each Payor and each Payee
expressly agrees that its obligations arising hereunder shall not be affected or diminished by the
addition or release of any Payor or Payee hereunder. This Note shall be fully effective as to any
Payor or Payee that is or becomes a party hereto regardless of whether any other person becomes or
fails to become or ceases to be a Payor or Payee hereunder.

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

[Signature Pages Follow]

 

Exhibit J-1-4

 

EXHIBIT J-1

TO THE REVOLVING
CREDIT AGREEMENT

	 	 	 	 	 	 	 
	 	 	[PAYOR / PAYEE]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

 

Exhibit J-1-1

 

EXHIBIT J-1

TO THE REVOLVING
CREDIT AGREEMENT

FORM OF

CANADIAN INTERCOMPANY NOTE

New York, New York

[                    ], 2010

FOR VALUE RECEIVED, each of the undersigned, to the extent a borrower from time to time from
any other entity listed on the signature page hereto (each, in such capacity, a “Payor”),
hereby promises to pay on demand to the order of such other entity listed below (each, in such
capacity, a “Payee”), in lawful money of the United States of America, or in such other
currency as agreed to by such Payor and such Payee, in immediately available funds, at such
location as a Payee shall from time to time designate, the unpaid principal amount of all loans and
advances (including trade payables) made by such Payee to such Payor. Each Payor promises also to
pay interest on the unpaid principal amount of all such loans and advances in like money at said
location from the date of such loans and advances until paid at such rate per annum as shall be
agreed upon from time to time by such Payor and such Payee.

Reference is made to that certain Revolving Credit Agreement, dated as of October 13, 2010 (as
amended, amended and restated, supplemented or otherwise modified from time to time, the
“Revolving Credit Agreement”) by and among CAREY INTERMEDIATE HOLDINGS CORP.,
(“Holdings”), ASSOCIATED MATERIALS, LLC (the “Company”), GENTEK HOLDINGS, LLC
(“Gentek Holdings”) and GENTEK BUILDING PRODUCTS, INC. (“Gentek Building Products”,
and together with the Company and Gentek Holdings, the “US Borrowers”, and each, a “US
Borrower”), GENTEK CANADA HOLDINGS LIMITED (“Gentek Canada”), ASSOCIATED MATERIALS
CANADA LIMITED (“AM Canada”) and GENTEK BUILDING PRODUCTS LIMITED PARTNERSHIP (“Gentek
LP”, and together with the Gentek Canada and AM Canada, the “Canadian Borrowers”, and
each, a “Canadian Borrower”, and together with the US Borrowers, the “Borrowers”),
the Revolving Lenders from time to time parties thereto, UBS AG, STAMFORD BRANCH, as the US
Administrative, US Collateral Agent and Letter of Credit Issuer, UBS AG CANADA BRANCH as Canadian
Administrative Agent and Canadian Collateral Agent (the “Canadian Collateral Agent”), WELLS
FARGO CAPITAL FINANCE, LLC, as Co-Collateral Agent and Letter of Credit Issuer, UBS LOAN FINANCE
LLC, as Swingline Lender and DEUTSCHE BANK TRUST COMPANY AMERICAS, as Letter of Credit Issuer.
Capitalized terms used in this intercompany promissory note (this “Note”) but not otherwise
defined herein shall have the meanings given to them in the Revolving Credit Agreement.

This Note shall be pledged by each Payee that is a Canadian Subsidiary to the Canadian
Collateral Agent, for the benefit of the Secured Parties, pursuant to that certain Canadian Pledge
Agreement among Gentek Canada, AM Canada and the Canadian Collateral Agent, as collateral security
for the full and prompt payment when due of, and the performance of, such Payee’s Canadian
Obligations. Each Payee hereby acknowledges and agrees that after the occurrence of and during the
continuance of an Event of Default, the Canadian Collateral Agent may, in addition to the other
rights and remedies provided pursuant to the Credit Documents and otherwise available to it,
exercise all rights of the Payees with respect to this Note.

 

Exhibit J-2-5

 

Anything in this Note to the contrary notwithstanding, the indebtedness evidenced by this Note
owed by any Payor that is a Credit Party (a “Credit Party Payor”) to any Payee that is not
a Credit Party (a “Non-Credit Party Payee”) shall be subordinate and junior in right of
payment, to the extent and in the manner hereinafter set forth, to all Obligations of such Credit
Party Payor to the Secured Parties until the Termination Date (as defined in the US Security
Agreement)(or in the case of a Credit Party Payor that is a Canadian Credit Party, until the
“Termination Date”, as defined in the Canadian Security Agreement); provided that
each Credit Party Payor may make payments to the applicable Non-Credit Party Payee so long as no
Event of Default shall have occurred and be continuing (such Obligations and other indebtedness and
obligations in connection with any renewal, refunding, restructuring or refinancing thereof,
including interest thereon accruing after the commencement of any proceedings referred to in clause
(i) below, whether or not such interest is an allowed claim in such proceeding, being hereinafter
collectively referred to as “Senior Indebtedness”):

(i) In the event of any insolvency or bankruptcy proceedings, and any receivership,
liquidation, reorganization or other similar proceedings in connection therewith, relative
to any Credit Party Payor or to its property, and in the event of any proceedings for
voluntary liquidation, dissolution or other winding up of such Credit Party Payor (except as
expressly permitted by the Credit Documents), whether or not involving insolvency or
bankruptcy, then, if an Event of Default has occurred and is continuing (x) the holders of
Senior Indebtedness shall be irrevocably paid in full in cash in respect of all amounts
constituting Senior Indebtedness (other than Hedging Obligations, Cash Management
Obligations or contingent indemnification obligations) before any Non-Credit Party Payee is
entitled to receive (whether directly or indirectly), or make any demands for, any payment
on account of this Note and (y) until the holders of Senior Indebtedness are irrevocably
paid in full in cash in respect of all amounts constituting Senior Indebtedness (other than
Hedging Obligations, Cash Management Obligations or contingent indemnification obligations),
any payment or distribution to which such Non-Credit Party Payee would otherwise be entitled
(other than debt securities of such Credit Party Payor that are subordinated, to at least
the same extent as this Note, to the payment of all Senior Indebtedness then outstanding
(such securities being hereinafter referred to as “Restructured Debt Securities”))
shall be made to the holders of Senior Indebtedness;

(ii) if any Event of Default occurs and is continuing, then no payment or distribution
of any kind or character shall be made by or on behalf of the Credit Party Payor or any
other Person on its behalf with respect to this Note to a Non-Credit Party Payee;

(iii) if any payment or distribution of any character, whether in cash, securities or
other property (other than Restructured Debt Securities), in respect of this Note shall
(despite these subordination provisions) be received by any Non-Credit Party Payee in
violation of clause (i) or (ii) before all Senior Indebtedness shall have been irrevocably
paid in full in cash (other than Hedging Obligations, Cash Management Obligations or
contingent indemnification obligations), such payment or distribution shall be held in trust
for the benefit of, and shall be paid over or delivered in accordance with, the Credit
Documents; and

 

Exhibit J-2-2

 

(iv) Each Non-Credit Party Payee agrees to file all claims against each relevant Credit
Party Payor in any bankruptcy or other proceeding in which the filing of claims is required
by law in respect of any Senior Indebtedness, and the Canadian Collateral Agent shall be
entitled to all of such Non-Credit Party Payee’s rights thereunder. If for any reason a
Non-Credit Party Payee fails to file such claim at least ten (10) days prior to the last
date on which such claim should be filed, such Non-Credit Party Payee hereby irrevocably
appoints the Canadian Collateral Agent as its true
and lawful attorney-in-fact and the Canadian Collateral Agent is hereby authorized to
act as attorney-in-fact in such Non-Credit Party Payee’s name to file such claim or, in the
Canadian Collateral Agent’s discretion, to assign such claim to and cause proof of claim to
be filed in the name of the Canadian Collateral Agent or its nominee. In all such cases,
whether in administration, bankruptcy or otherwise, the person or persons authorized to pay
such claim shall pay to the Canadian Collateral Agent the full amount payable on the claim
in the proceeding, and, to the full extent necessary for that purpose, each Non-Credit Party
Payee hereby assigns to the Canadian Collateral Agent all of such Non-Credit Party Payee’s
rights to any payments or distributions to which such Non-Credit Party Payee otherwise would
be entitled. If the amount so paid is greater than such Credit Party Payor’s liability
hereunder, the Canadian Collateral Agent shall pay the excess amount to the party entitled
thereto under applicable law. In addition, each Non-Credit Party Payee hereby irrevocably
appoints the Canadian Collateral Agent as its attorney-in-fact to exercise all of such
Non-Credit Party Payee’s voting rights in connection with any bankruptcy proceeding or any
plan for the reorganization of each relevant Credit Party Payor.

To the fullest extent permitted by law, no present or future holder of Senior Indebtedness
shall be prejudiced in its right to enforce the subordination of this Note by any act or failure to
act on the part of any Credit Party Payor or Non-Credit Party Payee or by any act or failure to act
on the part of such holder or any trustee or agent for such holder. Each Non-Credit Party Payee
and each Credit Party Payor hereby agree that the subordination of this Note is for the benefit of
the Canadian Collateral Agent and the other Secured Parties. The Canadian Collateral Agent and the
other Secured Parties are obligees under this Note to the same extent as if their names were
written herein as such and the Canadian Collateral Agent may, on behalf of itself and the other
Secured Parties, proceed to enforce the subordination provisions herein.

The indebtedness evidenced by this Note owed by any Payor that is not a Credit Party Payor
shall not be subordinated to, and shall rank pari passu in right of payment with, any other
obligation of such Payor.

Nothing contained in the subordination provisions set forth above is intended to or will
impair, as between each Credit Party Payor and each Non-Credit Party Payee, the obligations of such
Credit Party Payor, which are absolute and unconditional, to pay to such Non-Credit Party Payee the
principal of and interest on this Note as and when due and payable in accordance with its terms, or
is intended to or will affect the relative rights of such Non-Credit Party Payee and other
creditors of such Credit Party Payor other than the holders of Senior Indebtedness.

Each Payee is hereby authorized to record all loans and advances made by it to any Payor (all
of which shall be evidenced by this Note), and all repayments or prepayments thereof, in its books
and records, such books and records constituting prima facie evidence of the accuracy of the
information contained therein.

Each Payor hereby waives presentment, demand, protest or notice of any kind in connection with
this Note. All payments under this Note shall be made without offset, counterclaim or deduction of
any kind.

It is understood that this Note shall not evidence indebtedness in respect of accounts payable
incurred in connection with goods sold or services rendered in the ordinary course of business and
not in connection with the borrowing of money.

 

Exhibit J-2-3

 

This Note shall be binding upon each Payor and its successors and assigns, and the terms and
provisions of this Note shall inure to the benefit of each Payee and their respective successors
and assigns, including subsequent holders hereof. Notwithstanding anything to the contrary
contained herein, in any Security Document or in any other promissory note or other instrument,
this Note replaces and supersedes
any and all promissory notes or other instruments which create or evidence any loans or
advances made on, before or after the date hereof by any Payor to any Payee.

In no event shall the aggregate “interest” (as defined in Section 347 (the “Criminal Code
Section”) of the Criminal Code (Canada), payable to the Payee under this Note exceed the
effective annual rate of interest lawfully permitted under the Criminal Code Section. Further, if
any payment, collection or demand pursuant to this Note in respect of such “interest” is determined
to be contrary to the provisions of the Criminal Code Section, such payment, collection, or demand
shall be deemed to have been made by mutual mistake of the Payee the Payor and such “interest”
shall be deemed to have been adjusted with retroactive effect to the maximum amount or rate of
interest, as the case may be, as would not be so prohibited by law or so result in the receipt by
the Payee of interest at a rate not in contravention of the Criminal Code Section.

Each interest rate which is calculated under this Note on any basis other than a full calendar
year (the “deemed interest period”) is, for the purposes of the Interest Act (Canada),
equivalent to a yearly rate calculated by dividing such interest rate by the actual number of days
in the deemed interest period, then multiplying such result by the actual number of days in the
calendar year (365 or 366).

From time to time after the date hereof, additional Subsidiaries of the Company may become
parties hereto (as Payor and/or Payee, as the case may be) by executing a counterpart signature
page to this Note (each additional Subsidiary, an “Additional Party”). Upon delivery of
such counterpart signature page to the Payees, notice of which is hereby waived by the Payors, each
Additional Party shall be a Payor and/or a Payee, as the case may be, and shall be as fully a party
hereto as if such Additional Party were an original signatory hereof. Each Payor and each Payee
expressly agrees that its obligations arising hereunder shall not be affected or diminished by the
addition or release of any Payor or Payee hereunder. This Note shall be fully effective as to any
Payor or Payee that is or becomes a party hereto regardless of whether any other person becomes or
fails to become or ceases to be a Payor or Payee hereunder.

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

[Signature Pages Follow]

 

Exhibit J-2-4

 

EXHIBIT K

TO THE REVOLVING
CREDIT AGREEMENT

	 	 	 	 	 	 	 
	 	 	[PAYOR / PAYEE]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

 

Exhibit J-2-5

 

EXHIBIT K

TO THE REVOLVING
CREDIT AGREEMENT

FORM OF BORROWING BASE CERTIFICATE

Pursuant to the Revolving Credit Agreement dated as of October 13, 2010 between the undersigned,
certain lenders from time to time party thereto and UBS AG, Stamford Branch as US Administrative
Agent and UBS AG Canada Branch as Canadian Administrative Agent (the “Credit Agreement”),
the undersigned certifies that as of the close of business, the Borrowing Base is computed as set
forth below.

The Company represents and warrants that this Borrowing Base Certificate is a true and correct
statement and that the information contained herein is true and correct regarding the status of
Eligible Accounts, and Eligible Inventory and that the amounts reflected herein are in compliance
with the provisions of the Credit Agreement and the Schedules and Exhibits thereof. The Company
further represents and warrants that there is no Default or Event of Default and all
representations and warranties contained in the Credit Agreement and other loan documents are true
and correct. The Company understands that UBS AG, Stamford Branch and UBS AG Canada Branch and all
the other lenders will extend loans in reliance upon the information contained herein.

Capitalized terms used herein and not otherwise defined herein shall have the meanings
specified in the Credit Agreement.

 

Exhibit K-5

 

US BORROWING BASE AND LOAN REPORT

Pursuant to the provisions of the Revolving Credit Agreement, dated as of October 13, 2010 (as
amended, supplemented or otherwise modified from time to time, the “Credit Agreement”; capitalized
terms used but not otherwise defined herein shall have the meanings ascribed thereto in the Credit
Agreement), among Associated Materials, LLC (the “Company”), the other Credit Parties signatory
thereto, the Lenders signatory thereto from time to time, UBS AG, Stamford Branch, as U.S.
Administrative Agent and U.S. Collateral Agent, UBS AG Canada Branch, as Canadian Administrative
Agent and Canadian Collateral Agent, and Wells Fargo Capital Finance, LLC as Co-Collateral Agent,
the Company (on behalf of itself and the other Borrowers) hereby delivers this Borrowing Base
Certificate to the Agents:

	 	 	 	 	 	 	 
	BORROWER

	 	Associated Materials LLC
	 	DATE
	 	9/4/2010
	ADDRESS

	 	 	 	NUMBER	 	 
	 

	 	 
	 	 	 	 

	 	 	 	 	 	 	 	 	 
	1 ACCOUNTS RECEIVABLE CONTROL BALANCE
	 	 	 	 	 	 	 	 
	2 ASSIGNMENT OF ACCOUNTS RECEIVABLE
	 	 	 	 	 	 	 	 
	a. Total Debit Amount                         
	 	 	 	 	 	 	 	 
	b. Less: Credit Memos                         
	 	 	 	 	 	 	 	 
	Others GENERAL ENTRIES                         
	 	 	 	 	 	 	 	 
	TOTAL ADDITIONS
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	3 DEDUCTIONS FROM ACCOUNTS RECEIVABLE CONTROL
	 	 	 	 	 	 	 	 
	a. Collections                         
	 	 	 	 	 	 	 	 
	b. Discounts Allowed                         
	 	 	 	 	 	 	 	 
	c. Returns and Allowances                         
	 	 	 	 	 	 	 	 
	d. Others                         
	 	 	 	 	 	 	 	 
	TOTAL DEDUCTIONS
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	4 GROSS ACCOUNTS RECEIVABLE (Line 1 + Line 2 minus Line 3) __________
	 	 	 	 	 	 	 	 
	5 LESS: INELIGIBLES (Report Dated    /   /   )
	 	 	 	 	 	 	 	 
	6 ELIGIBLE ACCOUNTS RECEIVABLE / COLLATERAL AVAILABLE FOR LOANS (Line 4 minus Line 5)                         
	 	 	 	 	 	 	 	 
	7 ACCOUNTS RECEIVABLE COLLATERAL / AVAILABILITY @ ADVANCE
	 	 	85	%	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	8 INVENTORY COLLATERAL / AVAILABILITY — see attached schedule (US Cap $75MM Consolidated Cap $100MM)
	 	 	 	 	 	 	 	 
	10 GROSS BORROWING BASE (Line 7 + Line 8 + Line 9) ______________________
	 	 	 	 	 	 	 	 
	11 FIXED ASSET AVAILABILITY -see attached schedule
	 	 	 	 	 	 	 	 
	12 GROSS AVAILABILITY WITH FIXED ASSETS
	 	 	 	 	 	 	 	 
	13 LESS: Letters of Credit Reserve and OTHER RESERVES
	 	 	 	 	 	 	 	 
	14 NET BORROWING BASE (Line 12 - Line 13)
	 	 	 	 	 	 	 	 
	15 NET BORROWING BASE CAP
	 	 	 	 	 	$	150,000	 
	16 NET BORROWING BASE
	 	 	 	 	 	 	 	 
	17 LOANS OUTSTANDING
	 	 	 	 	 	 	 	 
	a. Balance from Previous Report (#                     )                         
	 	 	 	 	 	 	 	 
	b. Less: Collections                          
	 	 	 	 	 	 	 	 
	c. Plus: Advances                          
	 	 	 	 	 	 	 	 
	NET OUTSTANDING LOANS (Line 17a - 17b plus 17c)
	 	 	 	 	 	 	 	 
	18 AVAILABILITY BEFORE REQUESTED LOAN ADVANCE                         
	 	 	 	 	 	 	 	 
	18
	 	 	 	 	 	 	 	 
	20
	 	 	 	 	 	 	 	 
	21 AVAILABILITY AFTER REQUESTED LOAN ADVANCE                         
	 	 	 	 	 	 	 	 

The undersigned borrower certifies to you that: (a) this report, including all other reports and
other schedules referred to herein, is true and correct in all respects, is in accordance with the
books and records of the undersigned and is prepared in accordance with the terms of the Loan
Agreement:

 

 

 

CANADA BORROWING BASE AND LOAN REPORT

Pursuant to the provisions of the Revolving Credit Agreement, dated as of October 13, 2010 (as
amended, supplemented or otherwise modified from time to time, the “Credit Agreement”; capitalized
terms used but not otherwise defined herein shall have the meanings ascribed thereto in the Credit
Agreement), among Associated Materials, LLC (the “Company”), the other Credit Parties signatory
thereto, the Lenders signatory thereto from time to time, UBS AG, Stamford Branch, as U.S.
Administrative Agent and U.S. Collateral Agent, UBS AG Canada Branch, as Canadian Administrative
Agent and Canadian Collateral Agent, and Wells Fargo Capital Finance, LLC as Co-Collateral Agent,
the Company (on behalf of itself and the other Borrowers) hereby delivers this Borrowing Base
Certificate to the Agents:

	 	 	 	 	 	 	 
	BORROWER

	 	Gentek Building Products Limited Parternship
	 	DATE
	 	9/4/2010
	ADDRESS

	 	 	 	NUMBER	 	 
	 

	 	 
	 	 	 	 

	 	 	 	 	 	 	 	 	 
	1 ACCOUNTS RECEIVABLE CONTROL BALANCE
	 	 	 	 	 	 	 	 
	2 ASSIGNMENT OF ACCOUNTS RECEIVABLE
	 	 	 	 	 	 	 	 
	a. Total Debit Amount                         
	 	 	 	 	 	 	 	 
	b. Less: Credit Memos                         
	 	 	 	 	 	 	 	 
	Others GENERAL ENTRIES                         
	 	 	 	 	 	 	 	 
	TOTAL ADDITIONS
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	3 DEDUCTIONS FROM ACCOUNTS RECEIVABLE CONTROL
	 	 	 	 	 	 	 	 
	a. Collections                         
	 	 	 	 	 	 	 	 
	b. Discounts Allowed                         
	 	 	 	 	 	 	 	 
	c. Returns and Allowances                         
	 	 	 	 	 	 	 	 
	d. Others                         
	 	 	 	 	 	 	 	 
	TOTAL DEDUCTIONS
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	4 GROSS ACCOUNTS RECEIVABLE (Line 1 + Line 2 minus Line 3) ____________
	 	 	 	 	 	 	 	 
	5 LESS: INELIGIBLES (Report Dated    /   /   )
	 	 	 	 	 	 	 	 
	6 ELIGIBLE ACCOUNTS RECEIVABLE / COLLATERAL AVAILABLE FOR LOANS (Line 4 minus Line 5) ____________________
	 	 	 	 	 	 	 	 
	7 ACCOUNTS RECEIVABLE COLLATERAL / AVAILABILITY @ ADVANCE
	 	 	85	%	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	8 INVENTORY COLLATERAL / AVAILABILITY — see attached schedule (CAD Cap $35MM Consolidated Cap $100MM)
	 	 	 	 	 	 	 	 
	10 GROSS BORROWING BASE (Line 7 + Line 8 + Line 9) ________________________
	 	 	 	 	 	 	 	 
	11 FIXED ASSET AVAILABILITY -see attached schedule
	 	 	 	 	 	 	 	 
	12 GROSS AVAILABILITY WITH FIXED ASSETS
	 	 	 	 	 	 	 	 
	13 LESS: Letters of Credit Reserve and OTHER RESERVES
	 	 	 	 	 	 	 	 
	14 NET BORROWING BASE (Line 12 - Line 13)
	 	 	 	 	 	 	 	 
	15 NET BORROWING BASE CAP
	 	 	 	 	 	$	75,000	 
	16 NET BORROWING BASE
	 	 	 	 	 	 	 	 
	17 LOANS OUTSTANDING
	 	 	 	 	 	 	 	 
	a. Balance from Previous Report (#                     )                         
	 	 	 	 	 	 	 	 
	b. Less: Collections                         
	 	 	 	 	 	 	 	 
	c. Plus: Advances                         
	 	 	 	 	 	 	 	 
	NET OUTSTANDING LOANS (Line 17a - 17b plus 17c)                         
	 	 	 	 	 	 	 	 
	18 AVAILABILITY BEFORE REQUESTED LOAN ADVANCE                         
	 	 	 	 	 	 	 	 
	18
	 	 	 	 	 	 	 	 
	20
	 	 	 	 	 	 	 	 
	21 AVAILABILITY AFTER REQUESTED LOAN ADVANCE                         
	 	 	 	 	 	 	 	 

 

 

 

The undersigned has hereunto signed his name on this Borrowing Base Certificate on                     , 20_.

	 	 	 	 	 
	 	[ASSOCIATED MATERIALS, LLC]

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	Vice President, Corporate Controller 	 
	 

 

Exhibit K-6

 

EXHIBIT L

TO THE REVOLVING
CREDIT AGREEMENT

FORM OF LOSS SHARING AGREEMENT

This LOSS SHARING AGREEMENT is dated as of October [ ], 2010 (this “Agreement”), and
entered into by and between UBS AG, STAMFORD BRANCH, in its capacity as US administrative agent for
the Lenders, UBS AG CANADA BRANCH, in its capacity as Canadian administrative agent for the Lenders
(including their successors and assigns from time to time, the “Administrative Agents”) and
the Lenders from time to time party to the Revolving Credit Agreement, dated as of October 13, 2010
(the “Credit Agreement”), by and among CAREY INTERMEDIATE HOLDINGS CORP.,
(“Holdings”), ASSOCIATED MATERIALS, LLC (the “Company”) GENTEK HOLDINGS, LLC
(“Gentek Holdings”) and GENTEK BUILDING PRODUCTS, INC. (“Gentek Building Products”,
and together with the Company and Gentek Holdings, the “US Borrowers”, and each, a “US
Borrower”), GENTEK CANADA HOLDINGS LIMITED (“Gentek Canada”), ASSOCIATED MATERIALS
CANADA LIMITED (“AM Canada”) and GENTEK BUILDING PRODUCTS LIMITED PARTNERSHIP (“Gentek
LP”, and together with the Gentek Canada and AM Canada, the “Canadian Borrowers”, and
each, a “Canadian Borrower”, and together with the US Borrowers, the “Borrowers”),
the banks, financial institutions and other institutional lenders and investors from time to time
parties thereto, the Administrative Agents and the other agents, arrangers and bookrunners party
thereto. Capitalized terms not defined herein have the meanings given such terms by the Credit
Agreement.

The Lenders have agreed to make Loans to the Borrowers and the Letter of Credit Issuers have
agreed to issue Letters of Credit for the account of the Borrowers and their Subsidiaries, pursuant
to, and upon the terms and subject to the conditions specified in, the Credit Agreement. Each of
the Lenders and the Letter of Credit Issuers are providing the financing arrangements contemplated
by the Credit Agreement in reliance upon each other Lender and the Administrative Agents entering
into this Agreement.

Accordingly, the parties hereto agree as follows:

Section 1 — Certain Definitions. As used in this Agreement, the following terms shall
have the following meanings:

“CAM” shall mean the mechanism for the allocation and exchange of interests in the Loans,
participations in Letters of Credit and collections thereunder established under Section 2 of this
Agreement.

“CAM Exchange” means the exchange of the Lenders’ interests provided for in Section 2 of this
Agreement.

“CAM Exchange Date” shall mean the date on which there shall occur (a) any Event of Default
referred to in Section 11.5 of the Credit Agreement with respect to the Borrowers or (b) an
acceleration of Loans and termination of the Revolving Credit Commitments pursuant to Section 4 of
the Credit Agreement.

“CAM Percentage” shall mean, as to each Lender, a fraction, expressed as a decimal, of which
(a) the numerator shall be the aggregate Dollar Equivalent of Obligations (“Designated
Obligations”) owed to such Lender (whether or not at the time due and payable) immediately
prior to the CAM Exchange Date and (b) the denominator shall be the aggregate amount of the
Designated Obligations owed to all the Lenders (whether or not at the time due and payable)
immediately prior to the CAM Exchange Date.

 

Exhibit L-1

 

Section 2 — CAM Exchange.

(a) On the CAM Exchange Date, (i) the Revolving Credit Commitments shall automatically
and without further act be terminated in accordance with Section 11 of the Credit Agreement,
(ii) the Lenders shall automatically and without further act be deemed to have exchanged
interests in the Designated Obligations such that, in lieu of the interests of each Lender
in the Designated Obligations, such Lender shall own an interest equal to such Lender’s CAM
Percentage in the Designated Obligations and (iii) simultaneously with the deemed exchange
of interests pursuant to clause (ii) above, the interests in the Designated Obligations to
be received in such deemed exchange shall, automatically and with no further action
required, be converted into the US Dollar Equivalent, determined using the Exchange Rate
calculated as of such date, of such amount and on and after such date all amounts accruing
and owed to the Lenders in respect of such Designated Obligations shall accrue and be
payable in US Dollars at the rate otherwise applicable hereunder. Each Lender and each
person acquiring a participation from any Lender as contemplated by Section 13.6 of the
Credit Agreement hereby consents and agrees to the CAM Exchange. Each of the Lenders agrees
from time to time to execute and deliver to the Administrative Agents all such promissory
notes and other instruments and documents as the Administrative Agents shall reasonably
request to evidence and confirm the respective interests and obligations of the Lenders
after giving effect to the CAM Exchange, and each Lender agrees to surrender any promissory
notes originally received by it in connection with its Loans under the Credit Agreement to
the Administrative Agents against delivery of any promissory notes so executed and
delivered; provided that the failure of any Lender to execute, deliver or accept any
such promissory note, instrument or document shall not affect the validity or effectiveness
of the CAM Exchange.

(b) As a result of the CAM Exchange, on and after the CAM Exchange Date, each payment
received by the Administrative Agents pursuant to any Credit Document in respect of the
Designated Obligations shall be distributed to the Lenders pro rata in accordance with their
respective CAM Percentages (to be redetermined as of each such date of payment or
distribution to the extent required by clause (c) below).

(c) In the event that, on or after the CAM Exchange Date, the aggregate amount of the
Designated Obligations shall change as a result of the making of a disbursement under a
Letter of Credit by the Letter of Credit Issuer that is not reimbursed by the applicable
Borrower then (i) each applicable Lender shall, in accordance with Section 3.3 of the Credit
Agreement, promptly pay its Pro Rata Share of the Unpaid Drawings (without giving effect to
the CAM Exchange) to the applicable Letter of Credit Issuer, (ii) the Administrative Agents
shall redetermine the CAM Percentages after giving effect to such disbursement and the
making of such advances by the applicable Lenders and the Lenders shall automatically and
without further act be deemed to have exchanged interests in the Designated Obligations such
that each Lender shall own an interest equal to such Lender’s CAM Percentage in the
Designated Obligations (and the interests in the Designated Obligations to be received in
such deemed exchange shall, automatically and with no further action required, be converted
into the US Dollar Equivalent of such amount in accordance with clause (a) above), and (iii)
in the event distributions shall have been made in respect of the Designated Obligations
following the CAM Exchange Date as contemplated by clause (ii) above, the Lenders shall make
such payments to one another as shall be necessary in order that the amounts received by
them shall be equal to the amounts they would have received had each such disbursement and
payment by such applicable Lender in respect of such unreimbursed payment been outstanding
on the CAM Exchange Date. Each such redetermination shall be binding on each of the Lenders
and their successors and assigns and shall be conclusive, absent manifest error.

 

Exhibit L-2

 

Section 3 — Hedging Agreements.

To the extent any Lender is also a Secured Party under the Credit Documents by virtue of being
a counterparty to any Hedge Agreement or Cash Management Agreement, then the provisions of Section
2 of this Agreement shall apply equally to such Lender in its capacity as such a Secured Party.

Section 4 — Miscellaneous

(a) Amendments, Etc. No amendment or waiver of any provision of this Agreement shall
be effective unless in writing signed by the Required Lenders and acknowledged by the
Administrative Agents, and each such waiver or consent shall be effective only in the specific
instance and for the specific purpose for which given; provided that (i) any amendment or
waiver that disproportionately and adversely affects any one or more individual Lenders shall
require the written consent of each such Lender and (ii) any amendment or waiver that
disproportionately and adversely affects any Class of Lenders (either before or after the CAM
Exchange) shall require the written consent of each Lender of such Class (before or after the CAM
Exchange, as the case may be).

(b) Successors and Assigns. The provisions of this Agreement shall be binding upon
and inure to the benefit of the parties hereto and their respective successors and assigns. For
the avoidance of doubt, each Person that becomes a Lender after the date hereof pursuant to Section
13.6 of the Credit Agreement or that becomes a Lender pursuant to any joinder agreement shall be a
party and subject to this Agreement as if an original signatory hereto.

(c) 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 constitutes the entire contract among the parties relating to the subject matter
hereof and supersedes any and all previous agreements and understandings, oral or written, relating
to the subject matter hereof. This Agreement shall become effective when it shall have been
executed by the Administrative Agents and when the Administrative Agents 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
shall be effective as delivery of a manually executed counterpart of this Agreement.

(d) Severability. If any provision of this Agreement is held to be illegal, invalid
or unenforceable, (a) the legality, validity and enforceability of the remaining provisions of this
Agreement and the other Credit 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.

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

 

Exhibit L-3

 

(f) SUBMISSION TO JURISDICTION. EACH PARTY HERETO 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 SUCH STATE, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING
ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER
CREDIT 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.

(g) WAIVER OF VENUE. EACH PARTY HERETO 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 IN ANY
COURT REFERRED TO IN CLAUSE (f) 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.

(h) SERVICE OF PROCESS. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS
IN THE MANNER PROVIDED FOR NOTICES IN SECTION 13.2 OF THE CREDIT AGREEMENT. NOTHING IN THIS
AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED
BY APPLICABLE LAW.

(i) 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 (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 BY, AMONG OTHER
THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.

[Signature Page Follows]

 

Exhibit L-4

 

EXHIBIT L

TO THE REVOLVING
CREDIT AGREEMENT

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

	 	 	 	 	 
	 	UBS AG, STAMFORD BRANCH,

as US Administrative Agent

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 	 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 	 	 
	 	UBS AG CANADA BRANCH,

as Canadian Administrative Agent

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 	 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

 

Exhibit L-5

 

	 	 	 	 	 
	 	[LENDER]

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

 

Exhibit L-6

 

EXHIBIT M

TO THE REVOLVING
CREDIT AGREEMENT

FORM OF JOINDER AGREEMENT

THIS
JOINDER AGREEMENT, dated as of                     , 20_ (this “Agreement”), is entered into
by and among [NEW REVOLVING CREDIT LENDER(S)] (each a “New Revolving Credit Lender” and
collectively the “New Revolving Credit Lenders”), [APPLICABLE BORROWER(S)],UBS AG, STAMFORD
BRANCH, as the US Administrative Agent and UBS AG CANADA BRANCH, as the Canadian Administrative
Agent under that certain Revolving Credit Agreement, dated as of October 13, 2010 (as it may be
amended, supplemented or otherwise modified, the “Credit Agreement”; the terms defined
therein and not otherwise defined herein being used herein as therein defined), by and among CAREY
INTERMEDIATE HOLDINGS CORP., (“Holdings”), ASSOCIATED MATERIALS, LLC (the
“Company”), GENTEK HOLDINGS, LLC (“Gentek Holdings”) and GENTEK BUILDING PRODUCTS,
INC. (“Gentek Building Products”, and together with the Company and Gentek Holdings, the
“US Borrowers”, and each, a “US Borrower”), GENTEK CANADA HOLDINGS LIMITED
(“Gentek Canada”), ASSOCIATED MATERIALS CANADA LIMITED (“AM Canada”) and GENTEK
BUILDING PRODUCTS LIMITED PARTNERSHIP (“Gentek LP”, and together with the Gentek Canada
and AM Canada, the “Canadian Borrowers”, and each, a “Canadian Borrower”, and
together with the US Borrowers, the “Borrowers”), the banks, financial institutions and
other institutional lenders and investors from time to time parties thereto, UBS AG, STAMFORD
BRANCH, as US Administrative Agent, UBS AG CANADA BRANCH as Canadian Administrative Agent and the
other agents, arrangers and bookrunners party thereto.

RECITALS:

WHEREAS, subject to the terms and conditions of the Credit Agreement, the Borrowers may
increase the Existing [US/Canadian] Revolving Credit Commitments by entering into one or more
Joinder Agreements with the New [US/Canadian] Revolving Credit Lenders.

NOW, THEREFORE, in consideration of the premises and agreements, provisions and covenants
herein contained, the parties hereto agree as follows:

Each New [US/Canadian] Revolving Credit Lender party hereto hereby agrees to commit to provide
its respective Commitment as set forth on Schedule A annexed hereto, on the terms and subject to
the conditions set forth below:

Each New [US/Canadian] Revolving Credit Lender (i) confirms that it has received a copy of the
Credit Agreement and the other Credit Documents, together with copies of the financial statements
referred to therein and such other documents and information as it has deemed appropriate to make
its own credit analysis and decision to enter into this Agreement; (ii) agrees that it will,
independently and without reliance upon the [US/Canadian] Administrative Agent or any other Lender
or Agent 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 Credit
Agreement; (iii) appoints and authorizes [US/Canadian] Administrative Agent to take such action as
agent on its behalf and to exercise such powers under the Credit Agreement and the other Credit
Documents as are delegated to [US/Canadian] Administrative Agent, as the case may be, by the terms
thereof, together with such powers as are reasonably incidental thereto; and (iv) agrees that it
will perform in accordance with their terms all
of the obligations which by the terms of the Credit Agreement and other Credit Documents are
required to be performed by it as a Lender.

 

Exhibit M-1

 

Each New [US/Canadian] Revolving Credit Lender hereby agrees to make its Commitment on the
following terms and conditions:22

	1.	 	Applicable Margin. The Applicable Margin for each New [US/Canadian] Revolving Credit Loan
shall mean, as of any date of determination, a percentage per annum as set forth below
plus the pricing premium, if any, less the pricing reduction, if any, in each case as
set forth below:

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Applicable	 	 	 	 
	 	 	 	 	 	 	ABR Rate	 	 	 	 
	 	 	 	 	 	 	Margin and	 	 	 	 
	 	 	Applicable	 	 	Applicable	 	 	Applicable	 
	Average	 	Eurodollar	 	 	Canadian Base	 	 	CDOR Rate	 
	Excess Availability	 	Rate Margin	 	 	Rate Margin	 	 	Margin	 
	____:____
	 	 	 	%	 	 	 	%	 	 	 	%

	2.	 	Voluntary and Mandatory Prepayments. Scheduled payments of principal of the New
[US/Canadian] Revolving Credit Loans set forth above shall be reduced in connection with any
voluntary or mandatory prepayments of the New [US/Canadian] Revolving Credit Loans in
accordance with Section 2 of the Credit Agreement.

	3.	 	Other Fees. The Borrowers agrees to pay each New [US/Canadian] Revolving Credit Lender its
Pro Rata Share of an aggregate fee equal to [_____ ____, _____] on [_____ ____, _____].

	4.	 	Proposed Borrowing. This Agreement represents the Borrowers’ request to borrow New
[US/Canadian] Revolving Credit Loans from New [US/Canadian] Revolving Credit Lender as follows
(the “Proposed Borrowing”):

	 	a.	 	Business Day of Proposed Borrowing:
 _____,
 _____ 

	 
	 	b.	 	Amount of Proposed Borrowing: $
 _____ 

	 
	 	c.	 	Interest rate option:  o   a.  ABR Loan(s)

	 	o	 b. 	Eurocurrency Rate Loans
with an initial Interest
Period of
 _____ 

month(s)

	 	o	 c. 	 CDOR Rate Loans
with an initial Interest
Period of
 _____ 

month(s)
	 
	 	o	 d. 	 Canadian Base Rate Loan(s)

 

	 	 	 
	22	 	Insert completed items 1-5 as applicable, with respect
to New [US/Canadian] Revolving Credit Loans with such modifications as may
be agreed to by the parties hereto to the extent consistent with the
Credit Agreement.

 

Exhibit M-2

 

	6.	 	[New Lenders. Each New [US/Canadian] Revolving Credit Lender acknowledges and agrees that
upon its execution of this Agreement and the making of New [US/Canadian] Revolving Credit
Loans that such [New [US/Canadian] Revolving Credit Lender shall become a “Lender” under, and
for all purposes of, the Credit Agreement and the other Credit Documents, and shall be subject
to and bound by the terms thereof, and shall perform all the obligations of and shall have all
rights of a Lender thereunder.]23

	7.	 	Credit Agreement Governs. Except as set forth in this Agreement, New [US/Canadian] Revolving
Credit Loans shall otherwise be subject to the provisions of the Credit Agreement and the
other Credit Documents.

	8.	 	Company’s Certifications. By its execution of this Agreement, the Company hereby certifies
that:

	 	i.	 	The representations and warranties contained in the Credit
Agreement and the other Credit Documents are true and correct in all material
respects on and as of the date hereof to the same extent as though made on and
as of the date hereof, except to the extent such representations and warranties
specifically relate to an earlier date, in which case such representations and
warranties were true and correct in all material respects on and as of such
earlier date;

	 	ii.	 	No event has occurred and is continuing or would result from
the consummation of the Proposed Borrowing contemplated hereby that would
constitute a Default or an Event of Default; and

	 	iii.	 	Company has performed in all material respects all agreements
and satisfied all conditions which the Credit Agreement provides shall be
performed or satisfied by it on or before the date hereof.

	9.	 	Company Covenants. By its execution of this Agreement, Company hereby covenants that:

	 	i.	 	Company shall make any payments required pursuant to Section 2
of the Credit Agreement in connection with the New [US/Canadian] Revolving
Credit Commitments;

	 	ii.	 	Company shall deliver or cause to be delivered the following
legal opinions and documents: [                    ], together with all other legal
opinions and other documents reasonably requested by [US/Canadian] Administrative Agent in
connection with this Agreement; and

 

	 	 	 
	23	 	Insert bracketed language if the lending institution is
not already a Lender.

 

Exhibit M-3

 

	10.	 	Eligible Assignee. By its execution of this Agreement, each New [US/Canadian] Revolving
Credit Lender represents and warrants that it is an Eligible Assignee.

	11.	 	Notice. For purposes of the Credit Agreement, the initial notice address of each New
[US/Canadian] Revolving Credit Lender shall be as set forth in its signature below.

	12.	 	Non-US Lenders. For each New [US/Canadian] Revolving Credit Lender that is a Non-US Lender,
delivered herewith to [US/Canadian] Administrative Agent are such forms, certificates or other
evidence with respect to United States federal income tax withholding matters as such New
[US/Canadian] Revolving Credit Lender may be required to deliver to [US/Canadian]
Administrative Agent pursuant to subsection 5.4 of the Credit Agreement.

	13.	 	Recordation of the New Loans. Upon execution and delivery hereof, [US/Canadian]
Administrative Agent will record the New [US/Canadian] Revolving Credit Loans made by New
[US/Canadian] Revolving Credit Lenders in the Register.

	14.	 	Amendment, Modification and Waiver. This Agreement may not be amended, modified or waived
except by an instrument or instruments in writing signed and delivered on behalf of each of
the parties hereto or as otherwise provided in Section 13.1 of the Credit Agreement.

	15.	 	Entire Agreement. This Agreement, the Credit Agreement and the other Credit Documents
constitute the entire agreement among the parties with respect to the subject matter hereof
and thereof and supersede all other prior agreements and understandings, both written and
verbal, among the parties or any of them with respect to the subject matter hereof.

	16.	 	GOVERNING LAW. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL
BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE
OF NEW YORK.

	17.	 	Severability. Any term or provision of this Agreement which is invalid or unenforceable in
any jurisdiction shall, as to that jurisdiction, be ineffective to the extent of such
invalidity or unenforceability without rendering invalid or unenforceable the remaining terms
and provisions of this Agreement or affecting the validity or enforceability of any of the
terms or provisions of this Agreement in any other jurisdiction. If any provision of this
Agreement is so broad as to be unenforceable, the provision shall be interpreted to be only so
broad as would be enforceable.

	18.	 	Counterparts. This Agreement may be executed in multiple counterparts (any of which may be
delivered via facsimile or via electronic transmission), each of which shall be deemed to be
an original, but all of which shall constitute one and the same Agreement.

 

Exhibit M-4

 

IN WITNESS WHEREOF, each of the undersigned has caused its duly authorized officer to execute
and deliver this Joinder Agreement as of                     , 20_.

	 	 	 	 	 	 	 
	 	 	[NAME OF NEW REVOLVING CREDIT LENDER]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 	 	Notice Address:	 	 
	 
	 	 	 	 	 	 
	 	 	Attention:	 	 
	 	 	Telephone:	 	 
	 	 	Facsimile:	 	 
	 
	 	 	 	 	 	 
	 	 	[NAME OF BORROWER]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name:	 	 
	 

	 	 	 	Title:	 	 

 

Exhibit M-5

 

	 	 	 	 	 
	Consented to by:	 	 
	 
	 	 	 	 
	UBS AG, STAMFORD BRANCH,

as US Administrative Agent	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 	 	 
	 

	 	Name:	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	UBS AG CANADA BRANCH,

as Canadian Administrative Agent	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 	 	 
	 

	 	Name:	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 	 	 
	 

	 	Name:	 	 
	 

	 	Title	 	 

 

Exhibit M-6

 

SCHEDULE A

TO JOINDER AGREEMENT

	 	 	 	 	 	 	 	 	 
	Name of New [US/Canadian]	 	 	 	 	 	 
	Revolving Lender	 	Type of Commitment	 	 	Amount	 
	[                    ]
	 	 	 	 	 	$	                    	 
	 
	 	 	 	 	 	 	 	 
	Total:
	 	 	 	 	 	$	                    	 

 

Exhibit M-7

 

EXHIBIT N

TO THE REVOLVING
CREDIT AGREEMENT

FORM OF SOLVENCY CERTIFICATE

To the Administrative Agents and each of the Lenders party to the Credit Agreement referred to
below:

I,
the undersigned, the Chief Financial Officer of [            
   ], a [        
       ] (the
“Company”), in that capacity only and not in my individual capacity (and without personal
liability), do hereby certify as of the date hereof, and based upon facts and circumstances as they
exist as of the date hereof (and disclaiming any responsibility for changes in such fact and
circumstances after the date hereof), that:

1. This certificate is furnished to the Administrative Agents and the Lenders pursuant to
Section 6.9 of the Revolving Credit Agreement, dated as of October 13, 2010 (as it may be amended,
supplemented or otherwise modified, the “Credit Agreement”), by and among CAREY
INTERMEDIATE HOLDINGS CORP., (“Holdings”), ASSOCIATED MATERIALS, LLC (the
“Company”), GENTEK HOLDINGS, LLC (“Gentek Holdings”) and GENTEK BUILDING PRODUCTS,
INC. (“Gentek Building Products”, and together with the Company and Gentek Holdings, the
“US Borrowers”, and each, a “US Borrower”), GENTEK CANADA HOLDINGS LIMITED
(“Gentek Canada”), ASSOCIATED MATERIALS CANADA LIMITED (“AM Canada”) and GENTEK
BUILDING PRODUCTS LIMITED PARTNERSHIP (“Gentek LP”, and together with the Gentek Canada
and AM Canada, the “Canadian Borrowers”, and each, a “Canadian Borrower”, and
together with the US Borrowers, the “Borrowers”), the banks, financial institutions and
other institutional lenders and investors from time to time parties thereto, UBS AG, STAMFORD
BRANCH, as US Administrative Agent, UBS AG CANADA BRANCH as Canadian Administrative Agent and the
other agents, arrangers and bookrunners party thereto. Unless otherwise defined herein,
capitalized terms used in this certificate shall have the meanings set forth in the Credit
Agreement.

2. For purposes of this certificate, the terms below shall have the following definitions:

	 	(a)	 	“Fair Value”

The amount at which the assets (both tangible and intangible), in their
entirety, of the Company and its Subsidiaries taken as a whole would change
hands between a willing buyer and a willing seller, within a commercially
reasonable period of time, each having reasonable knowledge of the relevant
facts, with neither being under any compulsion to act.

	 	(b)	 	“Present Fair Salable Value”

The amount that could be obtained by an independent willing seller from an
independent willing buyer if the assets of the Company and its Subsidiaries
taken as a whole are sold with reasonable promptness in an arm’s-length
transaction under present conditions for the sale of comparable business
enterprises insofar as such conditions can be reasonably evaluated.

 

Exhibit N-1

 

	 	(c)	 	“Stated Liabilities”

The recorded liabilities (including contingent liabilities that would be
recorded in accordance with GAAP) of the Company and its Subsidiaries taken
as a whole,
as of the date hereof after giving effect to the consummation of the
Transactions (including the execution and delivery of the Credit Agreement,
the making of the Loans and the use of proceeds of such Loans on the date
hereof the issuance of 9.125% Senior Secured Notes, due 2017 (the
“Notes”) and the use of proceeds of such Notes on the date hereof,
determined in accordance with GAAP consistently applied.

	 	(d)	 	“Identified Contingent Liabilities”

The maximum estimated amount of liabilities reasonably likely to result from
pending litigation, asserted claims and assessments, guaranties, uninsured
risks and other contingent liabilities of the Company and its Subsidiaries
taken as a whole after giving effect to the Transactions (including the
execution and delivery of the Credit Agreement, the making of the Loans and
the use of proceeds of such Loans on the date hereof (including all fees and
expenses related thereto but exclusive of such contingent liabilities to the
extent reflected in Stated Liabilities), as identified and explained in
terms of their nature and estimated magnitude by responsible officers of the
Company.

	 	(e)	 	“Will be able to pay their Stated Liabilities and Identified
Contingent Liabilities as they mature”

For the period from the date hereof through the Maturity Date, the Company
and its Subsidiaries taken as a whole will have sufficient assets and cash
flow to pay their respective Stated Liabilities and Identified Contingent
Liabilities as those liabilities mature or (in the case of contingent
liabilities) otherwise become payable.

	 	(f)	 	“Do not have Unreasonably Small Capital”

For the period from the date hereof through the Maturity Date, the Company
and its Subsidiaries taken as a whole after consummation of the Transactions
(including the execution and delivery of the Credit Agreement, the making of
the Loans and the use of proceeds of such Loans on the date hereof and the
issuance of the Notes and the use of proceeds of such Notes on the date
hereof is a going concern and has sufficient capital to ensure that it will
continue to be a going concern for such period.

3. For purposes of this certificate, I, or officers of the Company under my direction and
supervision, have performed the following procedures as of and for the periods set forth below.

	 	(a)	 	I have reviewed the financial statements (including the pro
forma financial statements) referred to in Section 6.10 of the Credit
Agreement.

	 	(b)	 	I have knowledge of and have reviewed to my satisfaction the
Credit Agreement.

	 	(c)	 	As chief financial officer of the Company, I am familiar with
the financial condition of the Company and its Subsidiaries.

 

Exhibit N-2

 

4. Based on and subject to the foregoing, I hereby certify on behalf of the Company that after
giving effect to the consummation of the Transactions (including the execution and delivery of the
Credit Agreement, the making of the Loans and the use of proceeds of such Loans on the date
hereof and issuance of the Notes and the use of proceeds of such Notes on the date hereof), it is
my opinion that (i) the Fair Value and Present Fair Salable Value of the assets of the Company and
its Subsidiaries taken as a whole exceed their Stated Liabilities and Identified Contingent
Liabilities; (ii) the Company and its Subsidiaries taken as a whole do not have Unreasonably Small
Capital; and (iii) the Company and its Subsidiaries taken as a whole will be able to pay their
Stated Liabilities and Identified Contingent Liabilities as they mature.

* * *

 

Exhibit N-3

 

IN WITNESS WHEREOF, the Company has caused this certificate to be executed on its behalf by
its Chief Financial Officer this
               
day of __, 20[____].

	 	 	 	 	 	 	 
	 	 	[               
                       
                       
                ]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title: Chief Financial Officer	 	 

 

Exhibit N-4

 

EXHIBIT N

TO THE REVOLVING
CREDIT AGREEMENT

 

Exhibit N-5

 

EXHIBIT P

TO THE REVOLVING
CREDIT AGREEMENT

EXHIBIT P-1

U.S. TAX COMPLIANCE CERTIFICATE

(For Non-U.S. Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes)

Reference is made to the Credit Agreement dated as of October 13, 2010 (as amended,
supplemented or otherwise modified from time to time, the “Credit Agreement”), among CAREY
INTERMEDIATE HOLDINGS CORP., a Delaware corporation (“Holdings”), ASSOCIATED MATERIALS, LLC., a
Delaware limited liability company (“Company”), the banks, financial institutions and other
institutional lenders and investors from time to time parties thereto, UBS AG, STAMFORD BRANCH, as
US Administrative Agent, UBS AG CANADA BRANCH as Canadian Administrative Agent and the other
agents, arrangers and bookrunners party thereto. Terms defined in the Credit Agreement are used
herein with the same meanings. Capitalized terms used herein that are not defined herein shall
have the meanings ascribed to them in the Credit Agreement.

Pursuant to the provisions of Section 5.4(d) of the Credit Agreement, the undersigned hereby
certifies that (i) it is the sole record and beneficial owner of the Loan(s) (as well as any
Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) it is
not a bank within the meaning of Section 881(c)(3)(A) of the Code, (iii) it is not a ten percent
shareholder of a U.S. Borrower within the meaning of Section 871(h)(3)(B) of the Code, (iv) it is
not a controlled foreign corporation related to a U.S. Borrower as described in Section
881(c)(3)(C) of the Code, and (v) the interest payments on the Loan(s) are not effectively
connected with the undersigned’s conduct of a U.S. trade or business or are effectively connected
but are not includible in the undersigned’s gross income for U.S. federal income tax purposes under
an income tax treaty.

The undersigned has furnished the U.S. Administrative Agent and U.S. Borrowers with a
certificate of its non-U.S. person status on IRS Form W-8BEN. By executing this certificate, the
undersigned agrees that (1) if the information provided on this certificate changes, the
undersigned shall promptly so inform the Borrowers and Administrative Agents, and (2) the
undersigned shall have at all times furnished the U.S. Borrowers and U.S. Administrative Agent with
a properly completed and currently effective certificate in either the calendar year in which each
payment is to be made to the undersigned, or in either of the two calendar years preceding such
payments.

	 	 	 	 	 
	[NAME OF LENDER]	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 

Date:
 ____ ___, 20[_____]

 

 

 

EXHIBIT P-2

U.S. TAX COMPLIANCE CERTIFICATE

(For Non-U.S. Lenders That Are Partnerships For U.S. Federal Income Tax Purposes)

Reference is made to the Credit Agreement dated as of October 13, 2010 (as amended,
supplemented or otherwise modified from time to time, the “Credit Agreement”), among CAREY
INTERMEDIATE HOLDINGS CORP., a Delaware corporation (“Holdings”), ASSOCIATED MATERIALS, LLC., a
Delaware limited liability company (“Company”), the banks, financial institutions and other
institutional lenders and investors from time to time parties thereto, UBS AG, STAMFORD BRANCH, as
US Administrative Agent, UBS AG CANADA BRANCH as Canadian Administrative Agent and the other
agents, arrangers and bookrunners party thereto. Terms defined in the Credit Agreement are used
herein with the same meanings. Capitalized terms used herein that are not defined herein shall
have the meanings ascribed to them in the Credit Agreement.

Pursuant to the provisions of Section 5.4(d) of the Credit Agreement, the undersigned hereby
certifies that (i) it is the sole record owner of the Loan(s) (as well as any Note(s) evidencing
such Loan(s)) in respect of which it is providing this certificate, (ii) its partners/members are
the sole beneficial owners of such Loan(s) (as well as any Note(s) evidencing such Loan(s)), (iii)
with respect to the extension of credit pursuant to this Credit Agreement or any other Loan
Document, neither the undersigned nor any of its partners/members is a bank extending credit
pursuant to a loan agreement entered into in the ordinary course of its trade or business within
the meaning of Section 881(c)(3)(A) of the Code, (iv) none of its partners/members is a ten percent
shareholder of a U.S. Borrower within the meaning of Section 871(h)(3)(B) of the Code, (v) none of
its partners/members is a controlled foreign corporation related to a U.S. Borrower as described in
Section 881(c)(3)(C) of the Code, and (vi) the interest payments on the Loan(s) are not effectively
connected with the undersigned’s or its partners/members’ conduct of a U.S. trade or business or
are effectively connected but are not includible in the partners/members’ gross income for U.S.
federal income tax purposes under an income tax treaty.

The undersigned has furnished the U.S. Administrative Agent and the U.S. Borrowers with IRS
Form W-8IMY accompanied by an IRS Form W-8BEN from each of its partners/members claiming the
portfolio interest exemption. By executing this certificate, the undersigned agrees that (1) if
the information provided on this certificate changes, the undersigned shall promptly so inform the
U.S. Borrowers and the U.S. Administrative Agent, and (2) the undersigned shall have at all times
furnished the U.S. Borrowers and the U.S. Administrative Agent with a properly completed and
currently effective certificate in either the calendar year in which each payment is to be made to
the undersigned, or in either of the two calendar years preceding such payments.

	 	 	 	 	 
	[NAME OF LENDER]	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 

Date:
 ____ ____, 20[____]

 

-2-

 

EXHIBIT P-3

U.S. TAX COMPLIANCE CERTIFICATE

(For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes)

Reference is made to the Credit Agreement dated as of October 13, 2010 (as amended,
supplemented or otherwise modified from time to time, the “Credit Agreement”), among CAREY
INTERMEDIATE HOLDINGS CORP., a Delaware corporation (“Holdings”), ASSOCIATED MATERIALS, LLC., a
Delaware limited liability company (“Company”), the banks, financial institutions and other
institutional lenders and investors from time to time parties thereto, UBS AG, STAMFORD BRANCH, as
US Administrative Agent, UBS AG CANADA BRANCH as Canadian Administrative Agent and the other
agents, arrangers and bookrunners party thereto. Terms defined in the Credit Agreement are used
herein with the same meanings. Capitalized terms used herein that are not defined herein shall
have the meanings ascribed to them in the Credit Agreement.

Pursuant to the provisions of Section 5.4(d) of the Credit Agreement, the undersigned hereby
certifies that (i) it is the sole record and beneficial owner of the participation in respect of
which it is providing this certificate, (ii) it is not a bank within the meaning of Section
881(c)(3)(A) of the Code, (iii) it is not a ten percent shareholder of a U.S. Borrower within the
meaning of Section 871(h)(3)(B) of the Code, (iv) it is not a controlled foreign corporation
related to a U.S. Borrower as described in Section 881(c)(3)(C) of the Code, and (v) the interest
payments with respect to such participation are not effectively connected with the undersigned’s
conduct of a U.S. trade or business or are effectively connected but are not includible in the
undersigned’s gross income for U.S. federal income tax purposes under an income tax treaty.

The undersigned has furnished its participating Lender with a certificate of its non-U.S.
person status on IRS Form W-8BEN. By executing this certificate, the undersigned agrees that (1)
if the information provided on this certificate changes, the undersigned shall promptly so inform
such Lender in writing, and (2) the undersigned shall have at all times furnished such Lender with
a properly completed and currently effective certificate in either the calendar year in which each
payment is to be made to the undersigned, or in either of the two calendar years preceding such
payments.

	 	 	 	 	 
	[NAME OF PARTICIPANT]	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 

Date:
 ____ ___, 20[____]

 

-3-

 

EXHIBIT P-4

U.S. TAX COMPLIANCE CERTIFICATE

(For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes)

Reference is made to the Credit Agreement dated as of October 13, 2010 (as amended,
supplemented or otherwise modified from time to time, the “Credit Agreement”), among CAREY
INTERMEDIATE HOLDINGS CORP., a Delaware corporation (“Holdings”), ASSOCIATED MATERIALS, LLC., a
Delaware limited liability company (“Company”), the banks, financial institutions and other
institutional lenders and investors from time to time parties thereto, UBS AG, STAMFORD BRANCH, as
US Administrative Agent, UBS AG CANADA BRANCH as Canadian Administrative Agent and the other
agents, arrangers and bookrunners party thereto. Terms defined in the Credit Agreement are used
herein with the same meanings. Capitalized terms used herein that are not defined herein shall
have the meanings ascribed to them in the Credit Agreement.

Pursuant to the provisions of Section 5.4(d) of the Credit Agreement, the undersigned hereby
certifies that (i) it is the sole record owner of the participation in respect of which it is
providing this certificate, (ii) its partners/members are the sole beneficial owners of such
participation, (iii) with respect such participation, neither the undersigned nor any of its
partners/members is a bank extending credit pursuant to a loan agreement entered into in the
ordinary course of its trade or business within the meaning of Section 881(c)(3)(A) of the Code,
(iv) none of its partners/members is a ten percent shareholder of a U.S. Borrower within the
meaning of Section 871(h)(3)(B) of the Code, (v) none of its partners/members is a controlled
foreign corporation related to a U.S. Borrower as described in Section 881(c)(3)(C) of the Code,
and (vi) the interest payments with respect to such participation are not effectively connected
with the undersigned’s or its partners/members’ conduct of a U.S. trade or business or are
effectively connected but are not includible in the partners/members’ gross income for U.S. federal
income tax purposes under an income tax treaty.

The undersigned has furnished its participating Lender with Internal Revenue Service Form
W-8IMY accompanied by an IRS Form W-8BEN from each of its partners/members claiming the portfolio
interest exemption. By executing this certificate, the undersigned agrees that (1) if the
information provided on this certificate changes, the undersigned shall promptly so inform such
Lender and (2) the undersigned shall have at all times furnished such Lender with a properly
completed and currently effective certificate in either the calendar year in which each payment is
to be made to the undersigned, or in either of the two calendar years preceding such payments.

	 	 	 	 	 
	[NAME OF PARTICIPANT]	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 

Date:
________ __, 20[___]

 

-4-

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