Document:

Exhibit 10(t) Second Consent and Amendment to Credit Agreement

		
			SECOND CONSENT AND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT
		

		
			THIS SECOND CONSENT AND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (“Consent”) is made as of January 28, 2015 by and among Landauer, Inc., a Delaware corporation (“Landauer”), Global Physics Solutions, Inc., a Delaware corporation (“GPS”) and IZI Medical Products, LLC, a Delaware limited liability company (“IZI”, Landauer, GPS and IZI being hereinafter collectively referred to as the “Borrowers” and each individually as a “Borrower”), the Lenders parties hereto and BMO Harris Bank N.A., as administrative agent for the Lenders (in such capacity, the “Administrative Agent”).
		

		
			RECITALS
		

		
			A.WHEREAS, the Administrative Agent, the Lenders and the Borrowers are currently parties to that certain Credit Agreement dated as of November 11, 2011, as amended and as amended and restated by that certain Amended and Restated Credit Agreement dated as of August 2, 2013 as further amended by that certain First Amendment to Amended and Restated Credit Agreement dated as of June 30, 2014 (as so amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”);
		

		
			B.WHEREAS, pursuant to that certain Consent and Amendment to Amended and Restated Credit Agreement dated as of December 19, 2014 (the “Initial Consent”), the Lenders and the Administrative Agent consented to a delay by Borrowers in the delivery of audited financial statements for Fiscal Year 2014 beyond the date required under Section 10.1.1 of the Credit Agreement;
		

		
			C.WHEREAS, the Borrowers have requested, and the Lenders and the Administrative Agent have agreed to consent, on a one time basis only, to a further delay in the delivery of audited financial statements for Fiscal Year 2014 beyond the date required under the Initial Consent and to make certain other modifications to the Credit Agreement as set forth in this Consent;
		

		
			D.NOW THEREFORE, the parties hereto agree that the Credit Agreement shall be modified as set forth in this Consent. 
		

		
			CONSENT AND AMENDMENT
		

		
			In consideration of the matters set forth in the recitals and the covenants and provisions herein set forth, and other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
		

			
	
			
				 1.
			Definitions.  Capitalized terms used but not defined herein are used as defined in the Credit Agreement.

			
	
			
				 2.
			Consent and Amendment.  Notwithstanding anything contained in the Credit Agreement and the other Loan Documents to the contrary, upon satisfaction of the conditions precedent set forth in Section 4 below, the Lenders, the Administrative Agent and the Borrowers agree that,  (i) Landauer shall provide to the Administrative Agent and each Lender its annual 
		

		 

		

			

		

 

			audited financial statements for its 2014 Fiscal Year only (and such related deliveries) by no later than February 11, 2015, and (ii) Landauer shall deliver an amended Compliance Certificate together with, and in respect of, such audited financial statements delivered in accordance with clause (i) above.  Upon receipt of the amended Compliance Certificate referred to in clause (ii) above, the Applicable Margin shall be re-determined, with any change in the Applicable Margin based on such amended Compliance Certificate to be retroactively effective to the date the Applicable Margin would have been determined had the audited 2014 financial statements and related Compliance Certificate been delivered on a timely basis in accordance with the Credit Agreement without giving effect to the extension granted pursuant to the Initial Consent. Compliance with any other provision set forth in any Loan Document, including Section11.13 of the Credit Agreement, shall, in each case, be determined based on the date of delivery of audited financial statements as permitted by this Consent.

			
	
			
				 3.
			 Affirmation.  Except as expressly amended hereby, the Credit Agreement is and shall continue in full force and effect and each Borrower hereby fully ratifies and affirms the Credit Agreement and each Loan Document to which it is a party.  Reference in any of this Consent, the Credit Agreement or any Loan Document to the Credit Agreement shall be a reference to the Credit Agreement as amended hereby and as further amended, modified, restated, supplemented or extended from time to time.

			
	
			
				 4.
			Effectiveness; Counterparts.  The effectiveness of this Consent is subject to the conditions precedent that the Administrative Agent shall have received counterparts of this Consent duly executed by the Borrowers, the Required Lenders and the Administrative Agent.    This Consent may be executed in two or more counterparts, each of which shall constitute an original, but all of which when taken together shall constitute one instrument.  Delivery of an executed counterpart of this Consent by facsimile or other electronic format shall be effective as delivery of an original counterpart.

			
	
			
				 5.
			Loan Document.  This Consent shall constitute a Loan Document for purposes of the Credit Agreement 

			
	
			
				 6.
			Headings.  The headings and captions of this Consent are for the purposes of reference only and shall not affect the construction of, or be taken into consideration in interpreting, this Consent.

			
	
			
				 7.
			APPLICABLE LAW.  THIS CONSENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF ILLINOIS WITHOUT GIVING EFFECT TO ILLINOIS CHOICE OF LAW DOCTRINE.

		
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		The parties hereto have caused this Consent to be executed by their duly authorized persons, all as of the day and year first above written.
		

		
			 
		

			
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						LANDAUER, INC.

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Jeffrey S. Volz

				
	
					
						 

					
					
						Name:

					
					
						Jeffrey S. Volz

				
	
					
						 

					
					
						Title:

					
					
						VP Finance, Treasurer

				

		
			 
		

		
			 
		

			
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						GLOBAL PHYSICS SOLUTIONS, INC.

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Jeffrey S. Volz

				
	
					
						 

					
					
						Name:

					
					
						Jeffrey S. Volz

				
	
					
						 

					
					
						Title:

					
					
						Treasurer

				

		
			 
		

		
			 
		

			
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						IZI MEDICAL PRODUCTS, LLC

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Jeffrey S. Volz

				
	
					
						 

					
					
						Name:

					
					
						Jeffrey S. Volz

				
	
					
						 

					
					
						Title:

					
					
						VP Finance, Treasurer

				

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		 

		

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						Acknowledged and agreed to as of the date first above written.

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						BMO HARRIS BANK, N.A., individually as a Lender and as Administrative Agent

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Mark Mital

				
	
					
						 

					
					
						Name:

					
					
						Mark Mital

				
	
					
						 

					
					
						Title:

					
					
						Sr. Vice President

				

		
			 
		

		

		

		 

		

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						PNC BANK, NATIONAL ASSOCIATION, individually as a Lender

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Michael T. Crowe

				
	
					
						 

					
					
						Name:

					
					
						Michael T. Crowe

				
	
					
						 

					
					
						Title:

					
					
						Senior Vice President

				

		
			 
		

		

		

		 

		

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						U.S. BANK NATIONAL ASSOCIATION, individually as a Lender

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Victoria D. Ehle

				
	
					
						 

					
					
						Name:

					
					
						Victoria D. Ehle

				
	
					
						 

					
					
						Title:

					
					
						Vice President

				

		
			 
		

		
			 
		

		

		

		 

		

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						FIFTH THIRD BANK, individually as a Lender

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Gayne Underwood

				
	
					
						 

					
					
						Name:

					
					
						Gayne Underwood

				
	
					
						 

					
					
						Title:

					
					
						Vice President

				

		
			 
		

		
			 
		

		

		

		 

		

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						BANK OF AMERICA, N.A., individually as a Lender

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Michael Bergner

				
	
					
						 

					
					
						Name:

					
					
						Michael Bergner

				
	
					
						 

					
					
						Title:

					
					
						Vice President

				

		
			 
		

		
			 
		

		 

		

			Consent Signature PageConverted by EDGARwiz

ROID GROUP, INC.

 SUBSCRIPTION AGREEMENT

The Investor named below, by payment of the purchase price for such Common Shares, by the delivery of a check payable to ROID GROUP, INC., hereby subscribes for the purchase of the number of Common Shares indicated below of ROID GROUP, INC., at a purchase of $0.60 per Share as set forth in the Prospectus.

By such payment, the named Investor further acknowledges receipt of the Prospectus and the Subscription Agreement, the terms of which govern the investment in the Common Shares being subscribed for hereby.

A. INVESTMENT:               (1) Number of Shares ___________________________

(2) Date of Investor's check _______________________

B. REGISTRATION:

(3) Registered owner: __________________________

Co-Owner: __________________________________

(4) Mailing address: ___________________________

City, State & zip: _________________________

(5) Residence Address (if different from above):

_________________________________         

(6) Birth Date: ______/______/______

(7) Employee or Affiliate: Yes ______ No ______

(8) Social Security: #: ______/______/______

U.S. Citizen [ ] Other [ ] __________________________

Co-Owner Social Security:

#: ______/______/______

U.S. Citizen [ ] Other [ ]

Corporate or Custodial:

Taxpayer ID #: ______/______/______

U.S. Citizen [ ] Other [ ] ___________________________

(9) Telephone (H) ( ) ______________________

(10) *email address:__________________________

*Please note that by providing your email address, you accept that all further communications between you and the Company shall be by email, unless otherwise required by law and/or the rules and regulations of any governing body of traded securities.

 C. OWNERSHIP

[ ] Individual Ownership                                           [ ] IRA or Keogh

[ ] Joint Tenants with Rights of Survivorship

[ ] Trust/Date Trust Established_______________

[ ] Pension/Trust (S.E.P.)

[ ] Tenants in Common                                             [ ] Tenants by the Entirety

[ ] Corporate Ownership                                           [ ] Partnership

[ ] Other_____________________

D. SIGNATURES

Registered Owner: _____________________________

Co-Owner: _____________________________

Print Name of Custodian or Trustee: _____________________________

Authorized Signature: _____________________________

Date: _____________________

Signature: ___________________________________

MAIL TO:                          ROID Group, Inc.

10827 Cloverfield Pt. 

San Diego, CA 92131

____________________________________________________________________

FOR ROID GROUP, INC., OFFICE USE ONLY:

Date Received: ________________________________________________

Date Accepted/Rejected ________________________________________

Subscriber's Check Amount: _______________________

Check No. ___________________ Date Check ________________

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