Document:

Exhibit
10.1

 

SECOND
AMENDMENT TO LOAN AGREEMENT

 

THIS SECOND AMENDMENT TO LOAN AGREEMENT (this “Amendment”)
is made and entered into as of February 20, 2006 (the “Amendment Closing
Date”), to be effective with respect to certain provisions herein as of September
22, 2005 (the “Amendment Effective Date”), by and among WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking
association (the “Bank”), FOSSIL PARTNERS, L.P. (the “Borrower”), FOSSIL, INC. (the “Company”), FOSSIL
INTERMEDIATE, INC. (“Fossil Intermediate”), FOSSIL TRUST (“Fossil Trust”), FOSSIL
STORES I, INC. (“Fossil I”), ARROW MERCHANDISING, INC. (“Arrow Merchandising”) and FOSSIL HOLDINGS, LLC (“Fossil Holdings”)
(the Company, Fossil Intermediate, Fossil Trust, Fossil I, Arrow Merchandising
and Fossil Holdings are sometimes referred to herein individually as a “Guarantor”
and collectively as the “Guarantors”).

 

RECITALS

 

WHEREAS, the Bank, the Borrower and the Guarantors are
parties to that certain Loan Agreement, dated as of September 23, 2004 (as
amended, modified or supplemented, from time to time, the “Agreement”);
and

 

WHEREAS, the
parties to the Agreement entered into that certain First Amendment to Loan
Agreement as of September 22, 2005 whereby, among other things, current
liabilities for the purposes of the Quick Ratio in Section 14(a) of the
Agreement were expanded to include all indebtedness of the Borrower under all
Documentary or Stand-by Letters of Credit; and

 

WHEREAS, the
parties hereto acknowledge and agree that in conjunction with increasing the
current liabilities included in the calculation of the Quick Ratio, the Quick
Ratio should have also been amended to 0.8 to 1.0 from 1.0 to 1.0, but was
inadvertently not so amended; and

 

WHEREAS, the Bank,
the Borrower and the Guarantors desire to amend the Agreement and the other
Loan Documents as herein set forth to correct the Quick Ratio effective as of
the date of the First Amendment to Loan Agreement.

 

NOW, THEREFORE, in consideration of the premises
herein contained and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties, intending to be
legally bound, agree as follows:

 

ARTICLE I

Definitions

 

1.01                           Capitalized
terms used in this Amendment are defined in the Agreement, as amended hereby,
unless otherwise stated.

 

 

ARTICLE II

Amendments

 

2.01                           Amendment
to Section 14(a). Effective as of the Amendment Effective Date, Section
14(a) of the Agreement is hereby deleted in its entirety and replaced with
the following:

 

“(a)                            Quick
Ratio. Maintain, at all times, a ratio of (i) (A) cash, plus (B)
cash equivalents, plus (C) account receivables to (ii) current
liabilities of not less than 0.80 to 1.00. Cash, cash equivalents, accounts
receivable and current liabilities are defined according to generally accepted
accounting principles, with the exception that current liabilities will include
all indebtedness of the Borrower under the Revolving Note and all Documentary
or Stand-by Letters of Credit.”

 

ARTICLE III

Conditions
Precedent

 

3.01                           Conditions
to Effectiveness. The effectiveness of this Amendment is subject to the
satisfaction of the following conditions precedent, unless specifically waived
in writing by the Bank:

 

(a)                                  The
Bank shall have received this Amendment, duly executed by the Borrower and each
Guarantor, in form and substance satisfactory to the Bank and its counsel;

 

(b)                                 There
shall have been no material adverse change in the business or financial
condition of the Borrower or any Guarantor;

 

(c)                                  There
shall be no material adverse litigation, either pending or threatened, against
the Borrower or any Guarantor that could reasonably be expected to have a
material adverse effect on the Borrower or such Guarantor;

 

(d)                                 The
representations and warranties contained herein and in the Agreement and the
other Loan Documents, as each is amended hereby, shall be true and correct as
of the date hereof, as if made on the date hereof;

 

(e)                                  No
default or Event of Default under the Agreement, as amended hereby, shall have
occurred and be continuing, unless such default or Event of Default has been
specifically waived in writing by the Bank;

 

(f)                                    All
requisite corporate, partnership or trust proceedings, as appropriate, shall
have been taken by the Borrower and each Guarantor to authorize the execution,
delivery and performance of this Amendment, and such proceedings and other
legal matters incident thereto shall be satisfactory to the Bank and its legal
counsel; and

 

2

 

(g)                                 The
Bank shall have received from the Company or the Borrower, as appropriate, all
fees and expenses (if any) required to be paid to the Bank pursuant to the
Agreement, as amended hereby.

 

ARTICLE IV

No Waiver

 

4.01                           Nothing
contained herein shall be construed as a waiver by the Bank of any covenant or
provision of the Agreement, the other Loan Documents, this Amendment, or of any
other contract or instrument between the Borrower and/or the Guarantors and the
Bank, and the failure of the Bank at any time or times hereafter to require
strict performance by the Borrower and/or any Guarantor of any provision
thereof shall not waive, affect or diminish any right of the Bank to thereafter
demand strict compliance therewith. The Bank hereby reserves all rights granted
under the Agreement, the other Loan Documents, this Amendment and any other
contract or instrument between the Borrower and/or the Guarantors and the Bank.

 

ARTICLE V

Ratifications,
Representations and Warranties, Covenants

 

5.01                           General
Ratifications. The terms and provisions set forth in this Amendment shall
modify and supersede all inconsistent terms and provisions set forth in the
Agreement and the other Loan Documents, and, except as expressly modified and
superseded by this Amendment, the terms and provisions of the Agreement and the
other Loan Documents are ratified and confirmed and shall continue in full
force and effect. The parties hereto agree that the Agreement and the other
Loan Documents, as amended hereby, shall continue to be legal, valid, binding
and enforceable in accordance with their respective terms.

 

5.02                           Ratification
of Guaranties. Each of the Guarantors hereby acknowledges and consents to
all of the terms and conditions of this Amendment and the Revolving Note and
hereby ratifies and confirms the Guaranty Agreement to which it is a party to
or for the benefit of the Bank. Each of the Guarantors hereby represents and
acknowledges that it has no claims, counterclaims, offsets, credits or defenses
to the Loan Documents or the performance of its obligations thereunder. Furthermore,
each Guarantor agrees that nothing contained in this Amendment or the Revolving
Note shall adversely affect any right or remedy of the Bank under the Guaranty
Agreement to which such Guarantor is a party. Each Guarantor hereby agrees that
with respect to the Guaranty Agreement to which it is a party, all references
in such Guaranty Agreement to the “Guaranteed Obligations” shall include,
without limitation, the obligations of the Borrower to the Bank under the
Agreement, as amended hereby. Finally, each of the Guarantors hereby represents
and acknowledges that the execution and delivery of this Amendment and the
other Loan Documents executed in connection herewith shall in no way change or
modify its obligations as a guarantor, debtor, pledgor, assignor, obligor
and/or grantor under its respective Guaranty Agreement (except as specifically
provided in this Section 5.02) and shall not constitute a waiver by the
Bank of any of the Bank’s rights against such Guarantor.

 

3

 

5.03                           Ratification
of Security Interests. The Company hereby agrees that the Stock Pledge
Agreement is hereby expressly amended such that the definition of “Secured
Obligations” contained therein includes, without limitation, all indebtedness
and other obligations of the Borrower now or hereafter existing hereunder the
Agreement, as amended hereby. Furthermore, the Company hereby ratifies and
reaffirms its obligations under the Stock Pledge Agreement, as the same is
amended hereby, and represents and acknowledges that the Stock Pledge Agreement
is not subject to any claims, counterclaims, defenses or offsets. Finally, the
Company hereby represents and acknowledges that the execution and delivery of
this Amendment and the other Loan Documents executed in connection herewith
shall in no way change or modify its obligations as a debtor, pledgor,
assignor, obligor and/or grantor under the Stock Pledge Agreement (except as
specifically provided this Section 5.03) and shall not constitute a
waiver by the Bank of any of the Bank’s rights against the Company.

 

5.04                           Representations
and Warranties. The Borrower and each of the Guarantors hereby jointly and
severally represent and warrant to the Bank that (a) the execution, delivery and
performance of this Amendment and any and all other Loan Documents executed
and/or delivered in connection herewith have been duly authorized by all
requisite corporate, partnership or trust proceedings, as appropriate, and will
not contravene, or constitute a default under, any provision of applicable law
or regulation or of the Agreement of Limited Partnership, Articles of
Incorporation, By-Laws or Trust Agreement, as applicable, of the Borrower or
any Guarantor, or of any mortgage, indenture, contract, agreement or other
instrument, or any judgment, order or decree, binding upon the Borrower or any
Guarantor; (b) the officer(s) of the Borrower and each Guarantor executing and
delivering this Amendment and any and all other Loan Documents executed and/or
delivered in connection herewith are duly elected and are authorized, by
resolution of the board of directors, board of managers or trustees (or other
applicable governing body) of the Borrower and each such Guarantor, to execute
on behalf of each such entity this Amendment and any and all other Loan
Documents executed and/or delivered in connection herewith; (c) the
representations and warranties contained in the Agreement and the other Loan
Documents, as amended hereby, are true and correct on and as of the date hereof
and on and as of the date of execution hereof as though made on and as of each
such date; (d) no default or Event of Default under the Agreement, as amended
hereby, has occurred and is continuing, unless such default or Event of Default
has been specifically waived in writing by the Bank; and (e) the Borrower and
the Guarantors are in full compliance with all covenants and agreements
contained in the Agreement and the other Loan Documents, as amended hereby.

 

ARTICLE VI

Miscellaneous
Provisions

 

6.01                           Survival
of Representations and Warranties. All representations and warranties made
in the Agreement or any other Loan Documents, including, without limitation,
any document furnished in connection with this Amendment, shall survive the
execution and delivery of this Amendment and the other Loan Documents to be
executed in connection herewith, and no investigation by the Bank or any
closing shall affect the representations and warranties or the right of the
Bank to rely upon them.

 

4

 

6.02                           Reference
to Agreement. Each of the Agreement and the other Loan Documents, and any
and all other agreements, documents or instruments now or hereafter executed
and delivered pursuant to the terms hereof or pursuant to the terms of the
Agreement, as amended hereby, are hereby amended so that any reference in the
Agreement and such other Loan Documents to the Agreement, shall mean a
reference to the Agreement, as amended hereby.

 

6.03                           Expenses
of the Bank. As provided in the Agreement, the Borrower agrees to pay on
demand all reasonable costs and expenses incurred by the Bank in connection
with the preparation, negotiation, and execution of this Amendment and the
other Loan Documents executed pursuant hereto and any and all amendments,
modifications, and supplements hereto or thereto, including, without
limitation, the costs and fees of the Bank’s legal counsel, and all costs and
expenses incurred by the Bank in connection with the enforcement or
preservation of any rights under the Agreement or any other Loan Document, in
each case as amended hereby, including, without, limitation, the costs and fees
of the Bank’s legal counsel.

 

6.04                           Severability.
Any provision of this Amendment held by a court of competent jurisdiction to be
invalid or unenforceable shall not impair or invalidate the remainder of this
Amendment and the effect thereof shall be confined to the provision so held to
be invalid or unenforceable.

 

6.05                           Successors
and Assigns. This Amendment is binding upon and shall inure to the benefit
of the Borrower, the Guarantors and the Bank and their respective successors
and assigns.

 

6.06                           Counterparts.
This Amendment may be executed in one or more counterparts, each of which when
so executed shall be deemed to be an original, but all of which when taken
together shall constitute one and the same instrument.

 

6.07                           Effect
of Waiver. No consent or waiver, express or implied, by the Bank to or for
any breach of or deviation from any covenant or condition by the Borrower or
any Guarantor shall be deemed a consent to or waiver of any other breach of the
same or any other covenant, condition or duty.

 

6.08                           Headings.
The headings, captions and arrangements used in this Amendment are for
convenience only and shall not affect the interpretation of this Amendment.

 

6.09                           Applicable
Law. THIS AMENDMENT AND ALL OTHER AGREEMENTS EXECUTED PURSUANT HERETO SHALL
BE DEEMED TO HAVE BEEN MADE AND TO BE PERFORMABLE IN AND SHALL BE GOVERNED BY
AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF TEXAS.

 

6.10                           Final
Agreement. THE AGREEMENT AND THE OTHER LOAN DOCUMENTS, EACH AS AMENDED
HEREBY, REPRESENT THE ENTIRE EXPRESSION OF THE PARTIES WITH RESPECT TO THE
SUBJECT MATTER HEREOF ON THE DATE THIS AMENDMENT IS EXECUTED. THE AGREEMENT AND
THE OTHER LOAN DOCUMENTS, AS AMENDED HEREBY, MAY NOT BE CONTRADICTED BY
EVIDENCE

 

5

 

OF PRIOR, CONTEMPORANEOUS
OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL
AGREEMENTS BETWEEN THE PARTIES. NO MODIFICATION, RESCISSION, WAIVER, RELEASE OR
AMENDMENT OF ANY PROVISION OF THIS AMENDMENT SHALL BE MADE, EXCEPT BY A WRITTEN
AGREEMENT SIGNED BY THE BORROWER, THE GUARANTORS AND THE BANK.

 

6.11                           AGREEMENT FOR BINDING ARBITRATION. The parties agree to be
bound by the terms and provisions of the Bank’s current Arbitration Program
which is incorporated herein by reference and is acknowledged as received by
the parties pursuant to which any and all disputes shall be resolved by
mandatory binding arbitration upon the request of any party.

 

[Remainder of page
intentionally left blank.]

 

6

 

IN WITNESS
WHEREOF, this Amendment has been executed and is effective as of the date first
above-written.

 

	
   

  	
  “BANK”

  
	
   

  	
   

  	
   

  
	
   

  	
  WELLS FARGO
  BANK,

  
	
   

  	
  NATIONAL
  ASSSOCIATION

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Susan K.
  Nugent

  
	
   

  	
   

  	
  Susan K. Nugent,

  
	
   

  	
   

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  “BORROWER”

  
	
   

  	
   

  	
   

  
	
   

  	
  FOSSIL PARTNERS,
  L.P.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Fossil, Inc., its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Randy S.
  Hyne

  
	
   

  	
   

  	
  Randy S. Hyne,

  
	
   

  	
   

  	
  Vice President,
  General Counsel and Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  “GUARANTORS”

  
	
   

  	
   

  	
   

  
	
   

  	
  FOSSIL, INC.

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Randy S.
  Hyne

  
	
   

  	
   

  	
  Randy S. Hyne,

  
	
   

  	
   

  	
  Vice President,
  General Counsel and Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  FOSSIL
  INTERMEDIATE, INC.

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Kosta N.
  Kartsotis

  
	
   

  	
  Name: Kosta N.
  Kartsotis

  
	
   

  	
  Title: President

  

 

 

	
   

  	
  FOSSIL TRUST

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Kosta N.
  Kartsotis

  
	
   

  	
  Name: Kosta N.
  Kartsotis

  
	
   

  	
  Title: President
  and General Manager

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  FOSSIL STORES I,
  INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Mike L.
  Kovar

  
	
   

  	
   

  	
  Mike L. Kovar,
  Treasurer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  ARROW
  MERCHANDISING, INC.

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Mike L.
  Kovar

  
	
   

  	
   

  	
  Mike L. Kovar,
  Treasurer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  FOSSIL HOLDINGS,
  LLC

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Mike L.
  Kovar

  
	
   

  	
   

  	
  Mike L. Kovar,
  ManagerExhibit 10.1

 

Wachovia Bank, N.A.

Special Assets Management

PA1246

123 South Broad Street

7th Floor

Philadelphia, PA 19109

 

February 15, 2006

 

VIA
ELECTRONIC MAIL

 

TRC Companies, Inc.

Boot Mills South

116 John Street

Lowell, MA 01852

Attn:  Chris Vincze, CEO

Telephone Number: 978-656-3530

Telecopy Number: 978-656-3534

Email:  CVincze@trcsolutions.com

 

Re:                             Second
Forbearance Agreement And Global Amendment To Credit Documents dated as of January 24,
2006 between Wachovia Bank, National Association, as Agent, the Lenders and TRC
Companies, Inc. and the Subsidiaries (the “Forbearance Agreement”)

 

Dear Mr. Vincze:

 

Please
refer to the Forbearance Agreement. 
Capitalized terms not otherwise defined herein shall have the meanings
ascribed thereto in the Forbearance Agreement.

 

The Borrowers have been
unable to deliver certain financial projections to the Lenders upon which the
Agent and the Lenders can establish financial covenants as required by ¶ E.13
of the Forbearance Agreement.  The Borrowers
have requested, and the Agent and the Lenders have agreed, upon the conditions
set forth in this Amendment Letter, to amend certain provisions of the
Forbearance Agreement as provided herein as follows:

 

1.             Paragraph
E. 7. of the Forbearance Agreement is amended (i) deleting the word “and”
at the end of subparagraph (c) thereof; (ii) deleting the period at
the end of subparagraph (d) and replacing it with a semicolon followed by
the word “and”; and (iii) inserting a new subparagraph (e) to read as
follows:

 

e.             Upon
any private investment in public equity, issuance of class of equity or making
any capital contribution (each, an “Equity Raise”) by the Borrowers, the
Borrowers shall remit 100% of the proceeds received on account of such Equity
Raise (less any normal and actual fees, expenses and taxes incurred and
directly payable as a result of such Equity Raise) to the Agent for the payment
to the Lenders which shall be applied to the unpaid principal balance of

 

 

the Loans and, upon such payment, the Applicable Percentage of the
proceeds of such Equity Raise so received shall permanently reduce the Maximum
Available Revolving Credit Amount.  For
purposes of this subparagraph, “Applicable Percentage” shall mean: (i) 60%
on or before March 31, 2006; and (ii) 70% after March 31, 2006.

 

2.             Paragraph
E.11 of the Forbearance Agreement is amended by: (a) replacing the date “March 15,
2006” with the phrase “the earlier of (i) 14 calendar days after the
Borrowers receive final approval of their accounting treatment of certain Exit
Strategy Contract revenues from an independent public accounting firm, or (ii) March 31,
2006”; and (b) replacing the date “March 31, 2006” with the phrase “the
earlier of (i) 14 calendar days after the Borrowers file their Form 10K
for Fiscal Year End 2005 with the SEC, or (ii) April 15, 2006.”

 

3.             Paragraph
E.13 of the Forbearance Agreement is amended by replacing the date “February 15,
2006” with the phrase “ the earlier of (i) five (5) calendar days
after the Borrowers receive final approval of their accounting treatment of
certain Exit Strategy Contract revenues from an independent public accounting
firm; or (ii) March 15, 2006”.

 

In consideration for the Lenders’ agreement
to the amendments provided herein, the Borrowers shall pay to the Agent a fee
(for the benefit of the Lenders executing this Amendment Letter) (i) in
the amount of $25,000.00 to be distributed to the said Lenders in accordance
with their Pro Rata Share which shall be fully earned and paid on the date of
execution of this Letter Amendment; and (ii) in the amount of $50,000.00
to be distributed to the said Lenders in accordance with their Pro Rata Share
which shall be fully earned and paid on March 31, 2006; provided however,
the fee payable pursuant to this clause (ii) shall be waived if, on or
before March 31, 2006, the Loans and the Maximum Available Revolving
Credit Amount have been permanently reduced to an amount equal to or less than
$50,000,000.00.

 

All other terms and conditions of the
Forbearance Agreement remain in full force and effect.

 

Each Borrower, on behalf of itself, and any
person or entity claiming by or through it (collectively referred to as the “Releasors”),
hereby unconditionally remises, releases and forever discharges the Agent, each
Lender and their respective past and present officers, directors, shareholders,
agents, parent corporation, subsidiaries, affiliates, trustees, administrators,
attorneys, predecessors, successors and assigns and the heirs, executors,
administrators, successors and assigns of any such person or entity, as
releasees (collectively referred to as the “Releasees”), of and from any and
all manner of actions, causes of action, suits, debts, dues, accounts, bonds,
covenants, contracts, agreements, promises, warranties, guaranties,
representations, liens, mechanics’ liens, judgments, claims, counterclaims,
cross-claims, defenses and/or demands whatsoever, including claims for
contribution and/or indemnity, whether now known or unknown, past or present,
asserted or unasserted, contingent or liquidated, at law or in equity, or
resulting from any assignment, if any (collectively referred to as “Claims”),
which any

 

2

 

of Releasors ever had or now have against any
of the Releasees, for or by reason of any cause, matter or thing whatsoever,
arising from the beginning of time to the date of execution of this Amendment
Letter, including, but not limited to, any and all Claims relating to or
arising from the lending relationship between the Agent, the Lenders and the
Borrowers.  Each Borrower warrants and
represents that it has not assigned, pledged, hypothecated and/or otherwise
divested itself and/or encumbered all or any part of the Claims being released
hereby and agrees to indemnify and hold harmless any and all of Releasees
against whom any Claim so assigned, pledged, hypothecated, divested and/or
encumbered is asserted.

 

This Amendment Letter shall bind and inure to
the benefit of the respective successors and assigns of each of the parties,
including all Lenders that are successors or assignees thereof.

 

This Amendment Letter and the Forbearance
Agreement reflects the entire understanding of the parties with respect to the
transactions contemplated hereby and shall not be contradicted or qualified by
any other agreement, oral or written, before the date hereof.  No amendment or waiver of any provision of
this Amendment Letter or the Forbearance Agreement shall in any event be
effective unless the same shall be in writing and signed by each party hereto
(or with respect the Lenders, the Required Lenders if applicable), and then
such waiver or consent shall be effective only in the specific instance and for
the specific purpose for which given.

 

This Amendment Letter shall be construed
under and governed by the internal laws of the State of New Jersey and may be
executed in any number of counterparts and by different parties on separate
counterparts.  Each of such counterparts
shall be deemed to be an original, and all of such counterparts, taken
together, shall constitute but one and the same agreement.

 

 

[REMAINDER
OF PAGE LEFT INTENTIONALLY BLANK]

 

3

 

Delivery of an executed counterpart of this
Amendment Letter by telecopy shall be equally effective as delivery of a
manually executed counterpart.

 

Very
truly yours,

 

WACHOVIA BANK, NATIONAL
ASSOCIATION, as Agent

 

	
  /s/

  	
  Patrick McGovern

  	
   

  
	
   

  	
  Patrick McGovern

  
	
   

  	
  Senior Vice President

  

 

SIGNATURES ON FOLLOWING PAGE

 

4

 

	
  AGREED
  TO AND ACKNOWLEDGED:

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  TRC COMPANIES, INC.

  	
   

  	
  TRC ENVIRONMENTAL

  CORPORATION

  
	
   

  	
   

  	
   

  
	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  	
   

  	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  
	
  Name:

  	
  Martin H. Dodd

  	
   

  	
  Name:

  	
  Martin H. Dodd

  
	
  Title:

  	
  Senior Vice President

  	
   

  	
  Title:

  	
  Senior Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  TRC ENGINEERS, INC.

  	
   

  	
  TRC GARROW ASSOCIATES, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  	
   

  	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  
	
  Name:

  	
  Martin H. Dodd

  	
   

  	
  Name:

  	
  Martin H. Dodd

  
	
  Title:

  	
  Vice President and Secretary

  	
   

  	
  Title:

  	
  Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  TRC MARIAH ASSOCIATES, INC.

  	
   

  	
  VECTRE CORPORATION

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  	
   

  	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  
	
  Name:

  	
  Martin H. Dodd

  	
   

  	
  Name:

  	
  Martin H. Dodd

  
	
  Title:

  	
  Vice President and Secretary

  	
   

  	
  Title:

  	
  Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  TRC SOLUTIONS, INC.

  	
   

  	
  LOWNEY ASSOCIATES

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  	
   

  	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  
	
  Name:

  	
  Martin H. Dodd

  	
   

  	
  Name:

  	
  Martin H. Dodd

  
	
  Title:

  	
  Assistant Secretary

  	
   

  	
  Title:

  	
  Secretary

  

 

5

 

	
  HUNTER ASSOCIATES TEXAS, LTD.

  	
   

  	
  IMBSEN & ASSOCIATES

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  	
   

  	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  
	
  Name:

  	
  Martin H. Dodd

  	
   

  	
  Name:

  	
  Martin H. Dodd

  
	
  Title:

  	
  Secretary

  	
   

  	
  Title:

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ENGINEERED AUTOMATION

  	
   

  	
  GBF HOLDINGS LLC

  
	
  SYSTEMS, INCORPORATED

  	
   

  	
  By:

  	
  TRC Companies, Inc.,

  
	
   

  	
   

  	
   

  	
  Its Managing Member

  
	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Name:

  	
  Martin H. Dodd

  	
   

  	
   

  	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  
	
  Title:

  	
  Secretary

  	
   

  	
  Name:

  	
  Martin H. Dodd

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  PBWO HOLDINGS, LLC

  	
   

  	
  SITE-BLAUVELT ENGINEERS, INC.

  
	
   

  	
   

  	
  (Virginia)

  
	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  	
   

  	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  
	
  Name:

  	
  Martin H. Dodd

  	
   

  	
  Name:

  	
  Martin H. Dodd

  
	
  Title:

  	
  Secretary

  	
   

  	
  Title:

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  HUNTER ASSOCIATES, INC.

  	
   

  	
  SITE-BLAUVELT ENGINEERS, INC.

  
	
   

  	
   

  	
   

  	
  (New Jersey)

  
	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  	
   

  	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  
	
  Name:

  	
  Martin H. Dodd

  	
   

  	
  Name:

  	
  Martin H. Dodd

  
	
  Title:

  	
  Secretary

  	
   

  	
  Title:

  	
  Secretary

  

 

6

 

	
  E/PRO ENGINEERING AND

  	
   

  	
  ESSEX ENVIRONMENTAL, INC.

  
	
  ENVIRONMENTAL CONSULTING, LLC

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  
	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  	
   

  	
  Name:

  	
  Martin H. Dodd

  
	
  Name:

  	
  Martin H. Dodd

  	
   

  	
  Title:

  	
  Secretary

  
	
  Title:

  	
  Secretary

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  NEW CENTURY ENGINEERING

  	
   

  	
  NOVAK ENGINEERING, INC.

  
	
  SUPPORT SERVICES, LLC

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  
	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  	
   

  	
  Name:

  	
  Martin H. Dodd

  
	
  Name:

  	
  Martin H. Dodd

  	
   

  	
  Title:

  	
  Secretary

  
	
  Title:

  	
  Secretary

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  SITE CONSTRUCTION SERVICES, INC.

  	
   

  	
  BV ENGINEERING

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  	
   

  	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  
	
  Name:

  	
  Martin H. Dodd

  	
   

  	
  Name:

  	
  Martin H. Dodd

  
	
  Title:

  	
  Secretary

  	
   

  	
  Title:

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  SITE-BLAUVELT ENGINEERS, INC.

  	
   

  	
  TRC RAVIV ASSOCIATES, INC.

  
	
  (New York)

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  	
   

  	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  
	
  Name:

  	
  Martin H. Dodd

  	
   

  	
  Name:

  	
  Martin H. Dodd

  
	
  Title:

  	
  Secretary

  	
   

  	
  Title:

  	
  Secretary

  

 

7

 

	
  CUBIX CORPORATION

  	
   

  	
  EAST CANYON HOLDINGS LLC

  
	
   

  	
   

  	
  By:

  	
  TRC Companies, Inc.,

  
	
   

  	
   

  	
   

  	
  Its Managing Member

  
	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Name:

  	
  Martin H. Dodd

  	
   

  	
   

  	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  
	
  Title:

  	
  Secretary

  	
   

  	
  Name:

  	
  Martin H. Dodd

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SGS WITTER, INC.

  	
   

  	
  SITE-BLAUVELT ENGINEERS

  
	
   

  	
   

  	
   

  	
  INTERNATIONAL, LLC

  
	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Name:

  	
  Martin H. Dodd

  	
   

  	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  
	
  Title:

  	
  Secretary

  	
   

  	
  Name:

  	
  Martin H. Dodd

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ENVIRONOMICS, INC.

  	
   

  	
  ENVIRONOMICS TX, LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  	
   

  	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  
	
  Name:

  	
  Martin H. Dodd

  	
   

  	
  Name:

  	
  Martin H. Dodd

  
	
  Title:

  	
  Secretary

  	
   

  	
  Title:

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  PACIFIC LAND DESIGN, INC.

  	
   

  	
  VPOINT

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  	
   

  	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  
	
  Name:

  	
  Martin H. Dodd

  	
   

  	
  Name:

  	
  Martin H. Dodd

  
	
  Title:

  	
  Secretary

  	
   

  	
  Title:

  	
  Secretary

  

 

8

 

	
  ENVIRONOMICS SOUTHWEST, LLC

  	
   

  	
  ENVIRONOMICS WEST, LLC

  
	
  By:

  	
  TRC Companies, Inc.,

  	
   

  	
   

  	
   

  
	
   

  	
  Its Managing Member

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  
	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  	
   

  	
  Name:

  	
  Martin H. Dodd

  	
   

  
	
  Name:

  	
  Martin H. Dodd

  	
   

  	
  Title:

  	
  Secretary

  
	
  Title:

  	
  Secretary

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  PACIFIC LAND DESIGN-

  	
   

  	
  WILLS ENGINEERING, INC.

  
	
  ROSEVILLE, INC.

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  
	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  	
   

  	
  Name:

  	
  Martin H. Dodd

  	
   

  
	
  Name:

  	
  Martin H. Dodd

  	
   

  	
  Title:

  	
  Secretary

  
	
  Title:

  	
  Secretary

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ECON CAPITAL, LP

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  /s/

  	
  Martin H. Dodd

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Name:

  	
  Martin H. Dodd

  	
   

  	
   

  	
   

  
	
  Title:

  	
  Assistant Secretary

  	
   

  	
   

  	
   

  

 

 [LENDERS’ SIGNATURES ON THE FOLLOWING PAGE]

 

9

 

AGREED TO
AND ACKNOWLEDGED:

 

	
  WACHOVIA BANK, NATIONAL

  	
  MERRILL LYNCH BUSINESS

  
	
  ASSOCIATION

  	
   

  	
  FINANCIAL SERVICES, INC.

  
	
  (formerly known as First Union National

  	
   

  	
   

  
	
  Bank), Individually as Lender

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  By:

  	
  /s/

  	
  Edmund J. Blough

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  Edmund J. Blough

  	
   

  
	
  By:

  	
  /s/

  	
  Patrick McGovern

  	
   

  	
   

  	
  Title:

  	
  Vice President

  	
   

  
	
  Name:

  	
  Patrick McGovern

  	
   

  	
   

  	
   

  
	
  Title:

  	
  Senior Vice President

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  TD BANKNORTH, N.A.

  	
   

  	
  ABELCO FINANCE LLC (assignee of

  
	
   

  	
   

  	
  Union Bank Of California, N.A.)

  
	
   

  	
   

  	
   

  
	
  By:

  	
  /s/

  	
  Jeffrey R. Westling

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Name:

  	
  Jeffrey R. Westling

  	
   

  	
   

  	
  By:

  	
  /s/

  	
  Kevin Genda

  	
   

  
	
  Title:

  	
  Senior Vice President

  	
   

  	
  Name:

  	
  Kevin Genda

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Senior Vice President

  
											

 

10

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00098-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00098-of-00352.parquet"}]]