Document:

Purchase Agreement dated as of March 15, 2005 Re: Senior Secured Notes

 Exhibit 10.5 
  
 EXIDE TECHNOLOGIES 
  
 $290,000,000 
 10  1/2% Senior Secured Notes due 2013 
  
 PURCHASE AGREEMENT 
  
 March 15, 2005 
  
 DEUTSCHE BANK SECURITIES INC. 
 CREDIT SUISSE FIRST BOSTON LLC 
 BANC OF AMERICA SECURITIES LLC 
 UBS SECURITIES LLC 
 c/o Deutsche Bank Securities Inc. 
        60 Wall Street New York, 
        New York 10005 
  
 Ladies and Gentlemen: 
  
 Exide Technologies, a Delaware corporation (the “Company”), hereby confirms its agreement with you (the “Initial
Purchasers”), as set forth below. 
  
 Section 1. The
Securities. Subject to the terms and conditions herein contained, the Company proposes to issue and sell to the Initial Purchasers $290,000,000 aggregate principal amount of its 10  1/2% Senior Secured Notes due 2013 (the “Notes”). The Notes are to be issued under an indenture (the “Indenture”) to be
dated as of March 18, 2005 by and between the Company and SunTrust Bank, as Trustee (the “Trustee”). 
  
 The Notes will be offered and sold to the Initial Purchasers without being registered under the Securities Act of 1933, as amended (the
“Act”), in reliance on exemptions therefrom. 
  
 In connection with the sale of the Notes, the Company has prepared a preliminary offering memorandum dated March 1, 2005 (the “Preliminary Memorandum”) and a final offering memorandum dated March 15, 2005 (the
“Final Memorandum”; the Preliminary Memorandum and the Final Memorandum each herein being referred to as a “Memorandum”) setting forth or including a description of the terms of the Notes, the terms of the offering
of the Notes, a description of the Company and any material developments relating to the Company occurring after the date of the most recent historical financial statements included therein. 
  

 The Initial Purchasers and their direct and indirect transferees of the Notes will be entitled to the
benefits, and otherwise subject to the terms, of the Security Documents (as defined in the Indenture) pursuant to which the Company has agreed, among other things, to grant to the Trustee for its benefit and the benefit of the holders of the Notes,
a junior priority security interest in the Collateral (as defined in the Indenture), subject to certain exceptions and otherwise in accordance with the terms of the Indenture and the Security Documents and as described in the Final Memorandum. The
agreement relating to the sharing of the Collateral among the Trustee (on its own behalf and on behalf of the holders of Notes) and the Agent (as defined in the Credit Agreement on its own behalf and on behalf of the Lenders) will be contained in a
certain intercreditor agreement (the “Intercreditor Agreement”) dated the Closing Date among the Company, the Trustee and Deutsche Bank AG New York Branch, as collateral agent for the Secured Creditors (as defined in the Credit
Agreement). 
  
 The Initial Purchasers and their direct and
indirect transferees of the Notes will be entitled to the benefits of the Registration Rights Agreement dated March 18, 2005 (the “Registration Rights Agreement”), between the Company and the Initial Purchasers, pursuant to which
the Company has agreed, among other things, to file a registration statement (the “Registration Statement”) with the Securities and Exchange Commission (the “Commission”) registering the Notes or the Exchange Notes
(as defined in the Registration Rights Agreement) under the Act. 
  
 Section 2. Representations and Warranties. The Company represents and warrants to and agrees with each of the Initial Purchasers as follows: 
  
 (a) Neither the Preliminary Memorandum as of the date thereof nor the Final Memorandum nor any amendment or supplement thereto as of the
date thereof and at all times subsequent thereto up to the Closing Date (as defined in Section 3 below) contained or contains any untrue statement of a material fact or omitted or omits to state a material fact necessary to make the statements
therein, in the light of the circumstances under which they were made, not misleading, except that the representations and warranties set forth in this Section 2(a) do not apply to statements or omissions made in reliance upon and in conformity with
information relating to the Initial Purchasers furnished to the Company in writing by or on behalf of the Initial Purchasers expressly for use in the Preliminary Memorandum, the Final Memorandum or any amendment or supplement thereto. 
  
 (b) As of the Closing Date, the Company’s amended and
restated certificate of incorporation authorized the issuance of 62,500,000 shares of capital stock, including 61,500,000 shares of common stock, par value $0.01 per share, and 1,000,000 shares of preferred stock, par value $0.01 per share; the
number of outstanding shares of the Company’s common stock is set forth in the Final Memorandum in the section 

  

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“Principal Stockholders” as of the date indicated; the information set forth under the caption “Capitalization” in the Final Memorandum
is true and correct in all material respects; all of the subsidiaries of the Company are listed in Schedule 2 attached hereto (each, a “Subsidiary” and collectively, the “Subsidiaries”); except as set forth
in the Final Memorandum, all of the outstanding shares of capital stock or membership interest, as applicable, of the Company and the Subsidiaries have been, and as of the Closing Date will be, duly authorized and validly issued, are fully paid and
nonassessable and were not issued in violation of any preemptive or similar rights; except as set forth in the Final Memorandum, all of the outstanding shares of capital stock or membership interest, as applicable, of the Company and of each of the
Subsidiaries will be free and clear of all liens, encumbrances, equities and claims or restrictions on transferability (other than those imposed by (1) the Credit Agreement dated May 5, 2004, among the Company, Deutsche Bank AG New York Branch, as
administrative agent, and the other parties thereto, as amended (the “Credit Agreement”), (2) the liens, encumbrances and claims under the Indenture, (3) the Act and (4) the securities or “Blue Sky” laws of certain
jurisdictions) or voting; except as set forth in the Final Memorandum and except pursuant to the Company’s equity incentive plan or in connection with the Joint Plan of Reorganization confirmed as of May 5, 2004, there are no (i) options,
warrants or other rights to purchase, (ii) agreements or other obligations to issue or (iii) other rights to convert any obligation into, or exchange any securities for, shares of capital stock of or ownership interests in the Company or any of the
Subsidiaries outstanding. Except for the Subsidiaries or as disclosed in the Final Memorandum or Schedule 2 hereto, the Company does not own, directly or indirectly, any shares of capital stock or any other equity or long-term debt securities
or have any equity interest in any firm, partnership, joint venture or other entity. 
  
 (c) Each of the Company and the Subsidiaries is duly incorporated or otherwise organized, validly existing and in good standing under the
laws of its respective jurisdiction of incorporation or organization and has all requisite corporate or organizational power and authority to own or lease its properties and conduct its business as now conducted and as described in the Final
Memorandum; each of the Company and the Subsidiaries is duly qualified to do business as a foreign corporation or entity in good standing in all other jurisdictions where the ownership or leasing of its properties or the conduct of its business
requires such qualification, except where the failure to be so qualified would not, individually or in the aggregate, reasonably be expected to have a material adverse effect on the general affairs, management, business, financial condition or
results of operations of the Company and the Subsidiaries, taken as a whole (any such event, a “Material Adverse Effect”). 
  
 (d) The Company has all requisite corporate power and authority to execute, deliver and perform each of its obligations under the Notes,
the Exchange Notes and the Private Exchange Notes (as defined in the Registration Rights Agreement). 

  

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The Notes, when issued, will be in the form contemplated by the Indenture. The Notes, the Exchange Notes and the Private Exchange Notes have each been duly
and validly authorized by the Company and, when executed by the Company and authenticated by the Trustee in accordance with the provisions of the Indenture and, in the case of the Notes, when delivered to and paid for by the Initial Purchasers in
accordance with the terms of this Agreement, will constitute valid and legally binding obligations of the Company, entitled to the benefits of the Indenture, and enforceable against the Company in accordance with their terms, except that the
enforcement thereof may be subject to (i) bankruptcy, insolvency, reorganization, fraudulent conveyance, moratorium or other similar laws now or hereafter in effect relating to creditors’ rights generally, and (ii) general principles of equity
and the discretion of the court before which any proceeding therefor may be brought. 
  
 (e) The Company has all requisite corporate power and authority to execute, deliver and perform its obligations under the Indenture. The
Indenture meets in all material respects the requirements for qualification under the Trust Indenture Act of 1939, as amended (the “TIA”). The Indenture has been duly and validly authorized by the Company and, when executed and
delivered by the Company (assuming the due authorization, execution and delivery by the Trustee), will constitute a valid and legally binding agreement of the Company, enforceable against the Company in accordance with its terms, except that the
enforcement thereof may be subject to (i) bankruptcy, insolvency, reorganization, fraudulent conveyance, moratorium or other similar laws now or hereafter in effect relating to creditors’ rights generally and (ii) general principles of equity
and the discretion of the court before which any proceeding therefor may be brought. 
  
 (f) The Company has all requisite corporate power and authority to execute, deliver and perform its obligations under the Registration
Rights Agreement. The Registration Rights Agreement has been duly and validly authorized by the Company and, when executed and delivered by the Company (assuming the due authorization, execution and delivery by the Initial Purchasers), will
constitute a valid and legally binding agreement of the Company enforceable against the Company in accordance with its terms, except that (A) the enforcement thereof may be subject to (i) bankruptcy, insolvency, reorganization, fraudulent
conveyance, moratorium or other similar laws now or hereafter in effect relating to creditors’ rights generally, and (ii) general principles of equity and the discretion of the court before which any proceeding therefor may be brought and (B)
any rights to indemnity or contribution thereunder may be limited by federal and state securities laws and public policy considerations. 
  
 (g) The Company has all requisite corporate power and authority to execute, deliver and perform its obligations under the Intercreditor
Agreement. The Intercreditor 

  

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Agreement has been duly and validly authorized by the Company and, when executed and delivered by the Company (assuming the due authorization, execution and
delivery by the other Parties thereto), will constitute valid and legally binding agreements of the Company, enforceable against the Company in accordance with its terms, except that the enforcement thereof may be subject to (i) bankruptcy,
insolvency, reorganization, fraudulent conveyance, moratorium or other similar laws now or hereafter in effect relating to creditors’ rights generally and (ii) general principles of equity and the discretion of the court before which any
proceeding therefor may be brought. 
  
 (h) The
Company and its Subsidiaries party to the Security Documents have all requisite corporate power and authority to execute, deliver and perform its obligations under the Security Documents. The Security Documents have been duly and validly authorized
by the Company and such Subsidiaries and, when executed and delivered by the Company and its Subsidiaries (assuming the due authorization, execution and delivery by the other Parties thereto), will constitute valid and legally binding agreements of
the Company and such Subsidiaries, enforceable against the Company and such Subsidiaries in accordance with its terms, except that the enforcement thereof may be subject to (i) bankruptcy, insolvency, reorganization, fraudulent conveyance,
moratorium or other similar laws now or hereafter in effect relating to creditors’ rights generally and (ii) general principles of equity and the discretion of the court before which any proceeding therefor may be brought. 
  
 (i) The Company has all requisite corporate power and
authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. This Agreement and the consummation by the Company of the transactions contemplated hereby have been duly and
validly authorized by the Company. This Agreement has been duly executed and delivered by the Company. 
  
 (j) No consent, approval, authorization or order of any court or governmental agency or body, or third party is required for the issuance
and sale by the Company of the Notes to the Initial Purchasers or the consummation by the Company of the other transactions contemplated hereby, except such as have been obtained and such as may be required under state securities or “Blue
Sky” laws in connection with the purchase and resale of the Notes by the Initial Purchasers. None of the Company or the Subsidiaries is (i) in violation of its certificate of incorporation, bylaws or limited liability company agreement (or
similar organizational document), (ii) in breach or violation of any statute, judgment, decree, order, rule or regulation applicable to any of them or any of their respective properties or assets, except for any such breach or violation that would
not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, or (iii) in breach of or default under (nor has any 

  

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event occurred that, with notice or passage of time or both, would constitute a default under) or in violation of any of the terms or provisions of any
indenture, mortgage, deed of trust, loan agreement (including, without limitation, the Credit Agreement), note, lease, license, franchise agreement, permit, certificate, contract or other agreement or instrument to which any of them is a party or to
which any of them or their respective properties or assets is subject (collectively, “Contracts”), except for any such breach, default, violation or event that would not, individually or in the aggregate, reasonably be expected to
have a Material Adverse Effect. 
  
 (k) The
execution, delivery and performance by the Company, and where applicable the Subsidiaries or affiliates, of this Agreement, the Indenture, the Security Documents and the Registration Rights Agreement and the consummation by the Company of the
transactions contemplated hereby and thereby (including, without limitation, the issuance and sale of the Notes to the Initial Purchasers) will not conflict with or constitute or result in a breach of or a default under (or an event that with notice
or passage of time or both would constitute a default under) or violation of any of (i) the terms or provisions of any Contract, except for any such conflict, breach, violation, default or event that would not, individually or in the aggregate,
reasonably be expected to have a Material Adverse Effect, (ii) the certificate of incorporation, bylaws or limited liability company agreement (or similar organizational document) of the Company or any of the Subsidiaries or (iii) (assuming
compliance with all applicable state securities or “Blue Sky” laws and assuming the accuracy of the representations and warranties of the Initial Purchasers in Section 9 hereof) any statute, judgment, decree, order, rule or regulation
applicable to the Company or any of the Subsidiaries or any of their respective properties or assets, except for any such conflict, breach or violation that would not, individually or in the aggregate, reasonably be expected to have a Material
Adverse Effect. 
  
 (l) The audited consolidated
financial statements of the Company and the Subsidiaries included in the Final Memorandum present fairly in all material respects the financial position, results of operations and cash flows of the Company and the Subsidiaries at the dates and for
the periods to which they relate and have been prepared in accordance with generally accepted accounting principles applied on a consistent basis, except as otherwise stated therein. The summary and selected financial and statistical data in the
Final Memorandum present fairly in all material respects the information shown therein and have been prepared and compiled on a basis consistent with the audited financial statements included therein, except as otherwise stated therein.
PricewaterhouseCoopers LLP (the “Independent Accountants”) is an independent public accounting firm within the meaning of the Act and the rules and regulations promulgated thereunder. 
  

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 (m) The pro forma financial information included in the Final Memorandum (i) complies as
to form in all material respects with the applicable requirements of Regulation S-X promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), (ii) has been prepared in accordance with the
Commission’s rules and guidelines with respect to pro forma financial information and (iii) has been properly computed on the bases described therein; the assumptions used in the preparation of the pro forma financial information included in
the Final Memorandum are reasonable and the adjustments used therein are appropriate to give effect to the transactions or circumstances referred to therein. 
  

(n) Except as set forth in the Final Memorandum, there is not pending or, to the knowledge of the Company, threatened any action, suit,
proceeding, inquiry or investigation to which the Company or any of the Subsidiaries is a party, or to which the property or assets of the Company or any of the Subsidiaries are subject, before or brought by any court, arbitrator or governmental
agency or body that, if determined adversely to the Company or any of the Subsidiaries, would, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect or that seeks to restrain, enjoin, prevent the consummation of
or otherwise challenge the issuance or sale of the Notes to be sold hereunder, the performance of material obligations under the Indenture or any Security Document or the consummation of the other transactions described in the Final Memorandum.

  
 (o) Each of the Company and the Subsidiaries
possesses all licenses, permits, certificates, consents, orders, approvals and other authorizations from, and has made all necessary declarations and filings with, all federal, state, foreign, local and other governmental authorities, all
self-regulatory organizations and all courts and other tribunals, presently required or necessary to own or lease, as the case may be, and to operate its respective properties and to carry on its respective businesses as now or proposed to be
conducted as set forth in the Final Memorandum (“Permits”), except where the failure to obtain such Permits would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect; each of the Company
and the Subsidiaries has fulfilled and performed all of its obligations with respect to such Permits and no event has occurred that allows, or after notice or lapse of time would allow, revocation or termination thereof or results in any other
material impairment of the rights of the holder of any such Permit; and none of the Company or the Subsidiaries has received any written notice of any proceeding relating to revocation or modification of any such Permit, except as described in the
Final Memorandum and except where such revocation or modification would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 
  
 (p) Since the date of the most recent financial statements appearing in the Final Memorandum, except as
described therein, (i) none of the Company or the Subsidiaries 

  

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has incurred any liabilities or obligations, direct or contingent, or entered into or agreed to enter into any transactions or contracts (written or oral)
not in the ordinary course of business, which liabilities, obligations, transactions or contracts would, individually or in the aggregate, be material to the general affairs, management, business, condition (financial or otherwise), prospects or
results of operations of the Companies and its Subsidiaries, taken as a whole, (ii) none of the Company or the Subsidiaries has purchased any of its outstanding capital stock or membership interest, nor declared, paid or otherwise made any dividend
or distribution of any kind on its capital stock or membership interest (other than with respect to any of such Subsidiaries, the purchase of, or dividend or distribution on, capital stock owned by the Company) and (iii) there shall not have been
any material change in the capital stock, membership interest or long-term indebtedness of the Company or the Subsidiaries. 
  
 (q) Each of the Company and the Subsidiaries has filed all necessary federal, state and foreign income and franchise tax returns that are
required to be filed, except where the failure to so file such returns would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, and has paid all taxes shown as due thereon to the extent such taxes become
due and payable; and other than tax deficiencies that the Company or any Subsidiary is contesting in good faith and for which the Company or such Subsidiary has provided adequate reserves, there is no tax deficiency that has been asserted against
the Company or any of the Subsidiaries that would reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 
  
 (r) The statistical and market-related data included in the Final Memorandum are based on or derived from sources that the Company
believes to be reliable and accurate. 
  
 (s)
None of the Company, the Subsidiaries or any agent acting on their behalf has taken or will take any action that might cause this Agreement or the sale of the Notes to violate Regulation T, U or X of the Board of Governors of the Federal Reserve
System, in each case as in effect, or as the same may hereafter be in effect, on the Closing Date. 
  
 (t) Each of the Company and the Subsidiaries has good and marketable title to all real property, including, without limitation, all real
property included in the Collateral, and good title to all personal property, including, without limitation, all personal property included in the Collateral and valid leasehold interests in all leasehold estates in real and personal property,
including without limitation, all leasehold estates in real and personal property included in the Collateral, in each case as described in the Final Memorandum as being owned or leased by it, in each case free and clear of all liens, charges,
encumbrances or restrictions, except as described in the Final Memorandum or to the extent the failure to have such 

  

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title or the existence of such liens, charges, encumbrances or restrictions would not, individually or in the aggregate, reasonably be expected to have a
Material Adverse Effect. All leases, contracts and agreements to which the Company or any of the Subsidiaries is a party or by which any of them is bound are valid and enforceable against the Company or such Subsidiary, and are valid and enforceable
against the other party or parties thereto and are in full force and effect with only such exceptions as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The Company and the Subsidiaries own or
possess adequate licenses or other rights to use all patents, trademarks, service marks, trade names, copyrights and know-how necessary to conduct the businesses now or proposed to be operated by them as described in the Final Memorandum except
those that, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect, and none of the Company or the Subsidiaries has received any written notice of infringement of or conflict with (or knows of any such
infringement of or conflict with) asserted rights of others with respect to any patents, trademarks, service marks, trade names, copyrights or know-how that, if such assertion of infringement or conflict were sustained, would reasonably be expected
to have a Material Adverse Effect. 
  
 (u)
Subject to Section 8 hereof, the Security Documents, once executed and delivered, will create, in favor of the Collateral Agent for the benefit of the Trustee and the holders of the Notes, a valid and enforceable, and upon filing or recording of the
appropriate financing statements, mortgages and similar instruments with the appropriate governmental authorities (and the payment of the appropriate filing or recording fee and any applicable taxes) and delivery of the applicable documents to the
Trustee in accordance with the provisions of the Security Documents (or in the case of Collateral for which actions other than filing, recording or delivering is required to perfect the security interest, upon the taking of such actions), perfected
junior priority security interest in and lien upon all of the Collateral, superior to and prior to the rights of all third persons other than the lenders under the Credit Agreement and such other entities entitled to have priority liens pursuant to
the terms of the Indenture and the Security Documents, and subject to no other liens except for liens expressly permitted to exist on such Collateral by the Indenture and the terms of the applicable Security Documents. 
  
 (v) There are no legal or governmental proceedings involving
or affecting the Company or any Subsidiary or any of their respective properties or assets that would be required to be described in a prospectus pursuant to the Act that are not described in the Final Memorandum, nor are there any material
contracts or other documents that would be required to be described in a prospectus pursuant to the Act that are not described in the Final Memorandum. 
  

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 (w) Except as would not, individually or in the aggregate, reasonably be expected to have
a Material Adverse Effect and except as described in or contemplated by the Final Memorandum, (A) each of the Company and the Subsidiaries is in compliance with and not subject to liability under applicable Environmental Law (as defined below), (B)
each of the Company and the Subsidiaries has made all filings and provided all notices required under any applicable Environmental Law, and has and is in compliance with all Permits required under any applicable Environmental Laws and each of them
is in full force and effect, (C) there is no civil, criminal or administrative action, suit, demand, claim, hearing, notice of violation, investigation, proceeding, notice or demand letter or request for information pending or, to the knowledge of
the Company or any of the Subsidiaries, threatened against the Company or any of the Subsidiaries under any Environmental Law, (D) no lien, charge, encumbrance or restriction has been recorded under any Environmental Law with respect to any assets,
facility or property owned, operated, leased or controlled by the Company or any of the Subsidiaries, (E) none of the Company or the Subsidiaries has received written notice that it has been identified as a potentially responsible party under the
Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended (“CERCLA”), or any comparable state law, (F) no property or facility of the Company or any of the Subsidiaries is (i) listed or proposed for
listing on the National Priorities List under CERCLA or is (ii) listed in the Comprehensive Environmental Response, Compensation and Liability Information System List promulgated pursuant to CERCLA, or on any comparable list maintained by any state
or local governmental authority, (G) neither the Company nor any of its Subsidiaries is conducting or financing an investigation, or response, corrective or other action pursuant to Environmental Law at any site of facility, nor is any of them
subject to or party to any order, judgment, decree, contract or agreement which obligates it to conduct or finance any such action nor has any of them assumed by contract or agreement any obligation or liability under Environmental Law, and (H)
there are no past or present events, activities, operations, occurrences or conditions which could reasonably be expected to prevent or interfere with compliance by the Company of any of its Subsidiaries with, or result in liability of any of them
under, Environmental Law (including, without limitation, any capital or operating expenditures required for cleanup, closure or compliance with the Environmental Law, any constraints on operating activities and any potential liability to third
parties). 
  
 For purposes of this Agreement,
“Environmental Law” means the common law and all applicable foreign, federal, provincial, state and local laws or regulations, codes, ordinances, orders, decrees, judgments or injunctions issued, promulgated, approved or entered
thereunder, relating to pollution or protection of public or employee health and safety, the environment or natural resource damages including, without limitation, those relating to (i) emissions, discharges, releases or threatened releases of
Hazardous Material in or into the environment (including, without 

  

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limitation, ambient air, surface water, groundwater, drinking water, land surface or subsurface strata, and natural resources such as wetlands, flora and
fauna) or exposure thereto, (ii) the manufacture, processing, distribution, use, generation, treatment storage, disposal, transport, handling or recycling of Hazardous Material, (iii) zoning, facility siting, financial assurance, environmental
impact assessment or review, reclamation or land use and (iv) underground or aboveground storage tanks and related piping, and emissions, discharges, releases or threatened releases therefrom. “Hazardous Material” means any
substance, material pollutant, contaminant, chemical, constituent or waste, including without limitation, petroleum and petroleum products, subject to regulation under or which could give rise to liability under Environmental Law. 
  
 (x) Except as set forth in the Final Memorandum, there is no
strike, labor dispute, slowdown or work stoppage with the employees of the Company or any of the Subsidiaries that is pending or, to the knowledge of the Company or any of the Subsidiaries, threatened. 
  
 (y) Each of the Company and the Subsidiaries carries
insurance in such amounts and covering such risks as is reasonable for the conduct of its business and the value of its properties. 
  
 (z) None of the Company or the Subsidiaries has any material liability for any prohibited transaction or funding deficiency or any
complete or partial withdrawal liability with respect to any pension, profit sharing or other plan that is subject to the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), to which the Company or any of the
Subsidiaries makes or ever has made a contribution and in which any employee of the Company or of any Subsidiary is or has ever been a participant, except as described in the Final Memorandum and except where such liability would not reasonably be
expected to, individually or in the aggregate, have a Material Adverse Effect. With respect to such plans, the Company and each Subsidiary is in compliance in all material respects with all applicable provisions of ERISA. 
  
 (aa) Each of the Company and the Subsidiaries (i) makes and
keeps accurate books and records and (ii) maintains internal accounting controls that provide reasonable assurance that (A) transactions are executed in accordance with management’s authorization, (B) transactions are recorded as necessary to
permit preparation of its financial statements and to maintain accountability for its assets, (C) access to its assets is permitted only in accordance with management’s authorization and (D) the reported accountability for its assets is
compared with existing assets at reasonable intervals. 
  
 (bb) None of the Company or the Subsidiaries will be an “investment company” or “promoter” or “principal underwriter” for an “investment company,” as such 

  

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terms are defined in the Investment Company Act of 1940, as amended, and the rules and regulations thereunder. 
  
 (cc) The Notes, the Indenture, the Registration Rights
Agreement, Agreement, the Intercreditor Agreement and the Security Documents will conform in all material respects to the descriptions thereof in the Final Memorandum. 
  
 (dd) No holder of securities of the Company or any Subsidiary will be entitled to have such securities
registered under the registration statements required to be filed by the Company pursuant to the Registration Rights Agreement other than as expressly permitted thereby. 
  
 (ee) Immediately after the consummation of the transactions contemplated by this Agreement, the fair value
and present fair saleable value of the assets of the Company and the Subsidiaries on a consolidated basis will exceed the sum of their stated liabilities and identified contingent liabilities on a consolidated basis; the Company and the Subsidiaries
on a consolidated basis will not be, after giving effect to the execution, delivery and performance of this Agreement, and the consummation of the transactions contemplated hereby, (i) left with unreasonably small capital with which to carry on
their business as it is proposed to be conducted, (ii) unable to pay their debts (contingent or otherwise) as they mature or (iii) otherwise insolvent. 
  
 (ff) None of the Company, the Subsidiaries or any of their respective Affiliates (as defined in Rule 501(b) of Regulation D under the Act)
has directly, or through any agent, (i) sold, offered for sale, solicited offers to buy or otherwise negotiated in respect of, any “security” (as defined in the Act) that is or could be integrated with the sale of the Notes in a manner
that would require the registration under the Act of the Notes or (ii) engaged in any form of general solicitation or general advertising (as those terms are used in Regulation D under the Act) in connection with the offering of the Notes or in any
manner involving a public offering within the meaning of Section 4(2) of the Act. Assuming the accuracy of the representations and warranties of the Initial Purchasers in Section 9 hereof, it is not necessary in connection with the offer, sale and
delivery of the Notes to the Initial Purchasers in the manner contemplated by this Agreement to register any of the Notes under the Act or to qualify the Indenture under the TIA. 
  
 (gg) No securities of the Company or any Subsidiary are of the same class (within the meaning of Rule 144A
under the Act) as the Notes and listed on a national securities exchange registered under Section 6 of the Exchange Act, or quoted in a U.S. automated inter-dealer quotation system. 
  

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 (hh) None of the Company or the Subsidiaries has taken, nor will any of them take,
directly or indirectly, any action designed to, or that might be reasonably expected to, cause or result in stabilization or manipulation of the price of the Notes. 
  
 (ii) None of the Company, the Subsidiaries, any of their respective Affiliates or any person acting on its
or their behalf (other than the Initial Purchasers) has engaged in any directed selling efforts (as that term is defined in Regulation S under the Act (“Regulation S”)) with respect to the Notes; the Company, the Subsidiaries and
their respective Affiliates and any person acting on its or their behalf (other than the Initial Purchasers) have complied with the offering restrictions requirement of Regulation S. 
  
 (jj) Neither the Company nor its Subsidiaries nor, to the knowledge of the Company, any director, officer,
agent, employee or Affiliate of the Company or any of its Subsidiaries is aware of or has taken any action, directly or indirectly, that would result in a material violation by such persons of the Foreign Corrupt Practices Act of 1977, as amended,
and the rules and regulations thereunder (the “FCPA”), including, without limitation, making use of the mails or any means or instrumentality of interstate commerce corruptly in furtherance of an offer, payment, promise to pay or
authorization of the payment of any money, or other property, gift, promise to give, or authorization of the giving of anything of value to any “foreign official” (as such term is defined in the FCPA) or any foreign political party or
official thereof or any candidate for foreign political office, in contravention of the FCPA; and the Company, its Subsidiaries and, to the knowledge of the Company, its Affiliates have conducted their businesses in compliance with the FCPA and have
instituted and maintain policies and procedures designed to ensure, and which are reasonably expected to continue to ensure, continued compliance therewith. 
  
 (kk) The operations of the Company and its Subsidiaries are and have been conducted at all times in compliance with applicable financial
recordkeeping and reporting requirements of the Currency and Foreign Transactions Reporting Act of 1970, as amended, the money laundering statutes of all jurisdictions, the rules and regulations thereunder and any related or similar rules,
regulations or guidelines, issued, administered or enforced by any governmental agency (collectively, the “Money Laundering Laws”) and no action, suit or proceeding by or before any court or governmental agency, authority or body or
any arbitrator involving the Company or any of its Subsidiaries with respect to the Money Laundering Laws is pending or, to the best knowledge of the Company, threatened. 
  
 (ll) To the best of the Company’s knowledge, there is and has been no failure on the part of the
Company and any of the Company’s directors or officers, in their capacities as such, to comply with any applicable and effective provision of the Sarbanes-Oxley Act of 2002 and the rules and regulations promulgated in connection 

  

 -13- 

 
therewith (the “Sarbanes-Oxley Act”), including Section 402 related to loans and Sections 302 and 906 related to certifications, except
where any such failure to comply would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 
  
 (mm) Neither the Company, any of its Subsidiaries nor, to the knowledge of the Company, any director, officer, agent, employee or
Affiliate of the Company or any of its Subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”); and the Company will not directly
or indirectly use the proceeds of the offering of the Notes hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of
any person currently subject to any U.S. sanctions administered by OFAC. 
  
 Any certificate signed by any officer of the Company and delivered to any Initial Purchaser or to counsel for the Initial Purchasers shall be deemed a representation and warranty by the Company to each Initial
Purchaser as to the matters covered thereby. 
  
 Section 3.
Purchase, Sale and Delivery of the Notes. On the basis of the representations, warranties, agreements and covenants herein contained and subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the Initial
Purchasers, and the Initial Purchasers, acting severally and not jointly, agree to purchase the Notes in the respective amounts set forth on Schedule 1 hereto from the Company at 97.50% of their principal amount. One or more certificates in
definitive form for the Notes that the Initial Purchasers have agreed to purchase hereunder, and in such denomination or denominations and registered in such name or names as the Initial Purchasers request upon notice to the Company at least 36
hours prior to the Closing Date, shall be delivered by or on behalf of the Company to the Initial Purchasers, against payment by or on behalf of the Initial Purchasers of the purchase price therefor by wire transfer (same day funds), to such account
or accounts as the Company shall specify prior to the Closing Date, or by such means as the parties hereto shall agree prior to the Closing Date. Such delivery of and payment for the Notes shall be made at the offices of Cahill Gordon & Reindel
LLP, 80 Pine Street, New York, New York at 10:00 A.M., New York time, on March 18, 2005, or at such other place, time or date as the Initial Purchasers, on the one hand, and the Company, on the other hand, may agree upon, such time and date of
delivery against payment being herein referred to as the “Closing Date.” The Company will make such certificate or certificates for the Notes available for checking and packaging by the Initial Purchasers at the offices of Deutsche
Bank Securities Inc. in New York, New York, or at such other place as Deutsche Bank Securities Inc. may designate, at least 24 hours prior to the Closing Date. 
  

Section 4. Offering by the Initial Purchasers. The Initial Purchasers propose to make an offering of the Notes at the price and upon the terms
set forth in the Final Memorandum 

  

 -14- 

 
as soon as practicable after this Agreement is entered into and as in the judgment of the Initial Purchasers is advisable. 
  
 Section 5. Covenants of the Company. The Company covenants and agrees
with each of the Initial Purchasers as follows: 
  
 (a) Prior to the sale of all of the Notes by the Initial Purchasers, the Company will not amend or supplement the Final Memorandum or any amendment or supplement thereto of which the Initial Purchasers shall not previously have been advised
and furnished a copy for a reasonable period of time prior to the proposed amendment or supplement and as to which the Initial Purchasers shall not have given their consent, which consent shall not be unreasonably withheld. The Company will
promptly, upon the reasonable request of the Initial Purchasers or counsel for the Initial Purchasers, make any amendments or supplements to the Preliminary Memorandum or the Final Memorandum that may be necessary or advisable in connection with the
resale of the Notes by the Initial Purchasers. 
  
 (b) The Company will cooperate with the Initial Purchasers in arranging for the qualification of the Notes for offering and sale under the securities or “Blue Sky” laws of which jurisdictions as the Initial Purchasers may
designate and will continue such qualifications in effect for as long as may be necessary to complete the resale of the Notes; provided, however, that in connection therewith, the Company shall not be required to qualify as a foreign
corporation or to execute a general consent to service of process in any jurisdiction or subject itself to taxation in excess of a nominal dollar amount in any such jurisdiction where it is not then so subject. 
  
 (c) If, at any time prior to the completion of the
distribution by the Initial Purchasers of the Notes or the Private Exchange Notes, any event occurs or information becomes known as a result of which the Final Memorandum as then amended or supplemented would include any untrue statement of a
material fact, or omit to state a material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading, or if for any other reason it is necessary at any time to amend or supplement the
Final Memorandum to comply with applicable law, the Company will promptly notify the Initial Purchasers thereof and will prepare, at the expense of the Company, an amendment or supplement to the Final Memorandum that corrects such statement or
omission or effects such compliance. 
  
 (d) The
Company will, without charge, provide to the Initial Purchasers and to counsel for the Initial Purchasers as many copies of the Preliminary Memorandum and the Final Memorandum or any amendment or supplement thereto as the Initial Purchasers may
reasonably request. 
  

 -15- 

 (e) The Company intends to apply the net proceeds from the sale of the Notes as set forth
under “Use of Proceeds” in the Final Memorandum. 
  
 (f) For so long as any of the Notes remain outstanding, the Company will furnish to the Initial Purchasers copies of all reports and other communications (financial or otherwise) furnished by the Company to the
Trustee or to the holders of the Notes and, as soon as available, copies of any reports or financial statements furnished to or filed by the Company with the Commission or any national securities exchange on which the Notes may be listed, unless
otherwise publicly available through the EDGAR system of the Commission. 
  
 (g) Prior to the Closing Date, the Company will furnish to the Initial Purchasers, as soon as they have been prepared, a copy of any unaudited interim financial statements of the Company for any period subsequent to
the period covered by the most recent financial statements appearing in the Final Memorandum. 
  
 (h) None of the Company or any of its Affiliates will sell, offer for sale or solicit offers to buy or otherwise negotiate in respect of
any “security” (as defined in the Act) that could be integrated with the sale of the Notes in a manner which would require the registration under the Act of the Notes. 
  
 (i) The Company will not, and will not permit any of the Subsidiaries to, engage in any form of general
solicitation or general advertising (as those terms are used in Regulation D under the Act) in connection with the offering of the Notes or in any manner involving a public offering within the meaning of Section 4(2) of the Act. 
  
 (j) For so long as any of the Notes remain outstanding, the
Company will make available at its expense, upon request, to any holder of such Notes and any prospective purchasers thereof the information specified in Rule 144A(d)(4) under the Act, unless the Company is then subject to Section 13 or 15(d) of the
Exchange Act. 
  
 (k) The Company will use its
reasonable best efforts to (i) permit the Notes to be designated as PORTAL-eligible securities in accordance with the rules and regulations adopted by the NASD relating to trading in the NASD’s Portal Market (the “Portal
Market”) and (ii) permit the Notes to be eligible for clearance and settlement through The Depository Trust Company. 
  
 (l) In connection with Notes offered and sold in an off shore transaction (as defined in Regulation S) the Company will not register any
transfer of such Notes not made in accordance with the provisions of Regulation S and will not, except in accordance with the provisions of Regulation S, if applicable, issue any such Notes in the form of definitive securities. 
  

 -16- 

 (m) None of the Company or any of its Affiliates will engage in any directed selling
efforts (as that term is defined in Regulation S) with respect to the Notes. 
  
 (n) For a period of two years (calculated in accordance with paragraphs (d) of Rule 144 under the Act) following the date any Notes are acquired from the Company or any of its Affiliates, none of the Company or any of
its Affiliates will sell any such Notes if such Notes would constitute restricted securities under Rule 144 following resale of any of them. 
  
 Section 6. Expenses. The Company agrees to pay all costs and expenses incident to the performance of its obligations under this Agreement, whether
or not the transactions contemplated herein are consummated or this Agreement is terminated pursuant to Section 12 hereof, including all costs and expenses incident to (i) the printing, word processing or other production of documents with respect
to the transactions contemplated hereby, including any costs of printing the Preliminary Memorandum and the Final Memorandum and any amendment or supplement thereto, and any “Blue Sky” memoranda, (ii) all arrangements relating to the
delivery to the Initial Purchasers of copies of the foregoing documents, (iii) the fees and disbursements of the counsel, the accountants and any other experts or advisors retained by the Company, (iv) preparation (including printing), issuance and
delivery to the Initial Purchasers of any certificates evidencing the Notes, (v) the qualification of the Notes under state securities and “Blue Sky” laws, including filing fees and reasonable fees and disbursements of counsel for the
Initial Purchasers relating thereto not to exceed $5,000 in the aggregate, (vi) expenses in connection with the “roadshow” and any other meetings with prospective investors in the Notes, except all aircraft related costs and expenses will
be divided evenly between the Company and the Initial Purchasers, (vii) fees and expenses of the Trustee including fees and expenses of counsel for the Trustee, (viii) all expenses and listing fees incurred in connection with the application for
quotation of the Notes on The Portal Market and (ix) any fees charged by investment rating agencies for the rating of the Notes. If the sale of the Notes provided for herein is not consummated because any condition to the obligations of the Initial
Purchasers set forth in Section 7 hereof is not satisfied, because this Agreement is terminated or because of any failure, refusal or inability on the part of the Company to perform all obligations and satisfy all conditions on their part to be
performed or satisfied hereunder (other than solely by reason of a default by the Initial Purchasers of its obligations hereunder after all conditions hereunder have been satisfied in accordance herewith), the Company agrees to promptly reimburse
the Initial Purchasers upon demand for all reasonable and documented out-of-pocket expenses (including fees, disbursements and charges of Cahill Gordon & Reindel LLP, counsel for the Initial Purchasers) that shall have been incurred by the
Initial Purchasers in connection with the proposed purchase and sale of the Notes. 
  
 Section 7. Conditions of the Initial Purchasers’ Obligations. The obligation of the Initial Purchasers to purchase and pay for the Notes shall, in their sole discretion, be 

  

 -17- 

 
subject to the satisfaction or waiver of the following conditions on or prior to the Closing Date: 
  
 (a) On the Closing Date, the Initial Purchasers shall have
received the opinion, dated as of the Closing Date and addressed to the Initial Purchasers, of: 
  
 (i) Kirkland & Ellis LLP, counsel for the Company, substantially in the form of Exhibit A hereto. In rendering such opinion,
Kirkland & Ellis LLP shall have received and may rely upon such certificates and other documents and information as it may reasonably request to pass upon such matters; and 
  
 (ii) Stuart Kupinsky, Esq., Executive Vice President, General Counsel and Secretary for the Company,
substantially in the form of Exhibit B hereto. In rendering such opinion, Stuart Kupinsky, Esq. shall have received and may rely upon such certificates and other documents and information as he may reasonably request to pass upon such
matters. 
  
 (b) On the Closing Date, the Initial
Purchasers shall have received the opinion, in form and substance reasonably satisfactory to the Initial Purchasers, dated as of the Closing Date and addressed to the Initial Purchasers, of Cahill Gordon & Reindel LLP, counsel for the Initial
Purchasers, with respect to certain legal matters relating to this Agreement and such other related matters as the Initial Purchasers may reasonably require. In rendering such opinion, Cahill Gordon & Reindel LLP shall have received and may rely
upon such certificates and other documents and information as it may reasonably request to pass upon such matters. 
  
 (c) The Initial Purchasers shall have received from the Independent Accountants a comfort letter or letters dated the date hereof and the
Closing Date, in form and substance reasonably satisfactory to counsel for the Initial Purchasers. 
  
 (d) The representations and warranties of the Company contained in this Agreement shall be true and correct in all material respects
(except for those representations and warranties that are qualified by materiality or Material Adverse Effect, which shall be true and correct in all respects) on and as of the date hereof and on and as of the Closing Date as if made on and as of
the Closing Date; the statements of the Company’s officers made pursuant to any certificate delivered in accordance with the provisions hereof shall be true and correct on and as of the Closing Date; the Company shall have performed in all
material respects all covenants and agreements and satisfied all conditions on its part to be performed or satisfied hereunder at or prior to the Closing Date; and, except as described in the Final Memorandum (exclusive of any amendment or
supplement thereto after the date hereof), subsequent to the date of the most recent financial statements in such Final Memorandum, there shall have been no 

  

 -18- 

 
event or development, and no information shall have become known, that, individually or in the aggregate, has or would reasonably be expected to have a
Material Adverse Effect. 
  
 (e) The sale of the
Notes hereunder shall not be enjoined (temporarily or permanently) on the Closing Date. 
  
 (f) Subsequent to the date of the most recent financial statements in the Final Memorandum (exclusive of any amendment or supplement
thereto after the date hereof), none of the Company or any of the Subsidiaries shall have sustained any loss or interference with respect to its business or properties from fire, flood, hurricane, accident or other calamity, whether or not covered
by insurance, or from any strike, labor dispute, slow down or work stoppage or from any legal or governmental proceeding, order or decree, which loss or interference, individually or in the aggregate, has or would reasonably be expected to have a
Material Adverse Effect. 
  
 (g) The Initial
Purchasers shall have received a certificate of the Company, dated the Closing Date, signed on behalf of the Company by its Chairman of the Board, President or any Senior Vice President and the Chief Financial Officer, to the effect that 

 
 (i) the representations and warranties of the Company
contained in this Agreement are true and correct in all material respects (except for those representations and warranties that are qualified by materiality or Material Adverse Effect, which shall be true and correct in all respects) on and as of
the date hereof and on and as of the Closing Date, and the Company has performed all covenants and agreements and satisfied in all material respects all conditions on its part to be performed in all material respects or satisfied hereunder at or
prior to the Closing Date; 
  
 (ii) at the
Closing Date, since the date hereof or since the date of the most recent financial statements in the Final Memorandum (exclusive of any amendment or supplement thereto after the date hereof), no event or development has occurred, and no information
has become known, that, individually or in the aggregate, has or would reasonably be expected to have a Material Adverse Effect; and 
  
 (iii) the sale of the Notes hereunder has not been enjoined (temporarily or permanently). 
  
 (h) On the Closing Date, the Initial Purchasers shall have
received the Registration Rights Agreement executed by the Company and such agreement shall be in full force and effect at all times from and after the Closing Date. 
  

 -19- 

 On or before the Closing Date, the Initial Purchasers and counsel for the Initial Purchasers shall have
received such further documents, opinions, certificates, letters and schedules or instruments relating to the business, corporate, legal and financial affairs of the Company and the Subsidiaries as they shall have heretofore reasonably requested
from the Company. 
  
 Subject to the grace period specified in
Section 8 hereof, on the Closing Date, the Initial Purchasers shall have received a certificate evidencing the insurance requirements (i) in substantially the form commonly known as “ACORD 27” or otherwise in form and substance acceptable
to the Initial Purchasers that (A) provides that the insurance has been issued, is in full force and effect, and conveys all the rights and privileges afforded under the insurance policies, (B) provides an unequivocal obligation to give notice in
advance to additional interest parties of termination and notification of changes to the policy that would affect any such interest and (C) names the Collateral Agent as loss payee and additional insured and (ii) that otherwise complies with the
requirements with respect thereto set forth in any Security Document or mortgage required pursuant hereto to be delivered to the Initial Purchasers. 
  
 Subject to the grace period specified in Section 8 hereof, on the Closing Date, the Initial Purchasers shall have received the Security Documents executed
by the Company and such Security Documents shall be in form and substance satisfactory to the Initial Purchasers and shall be in full force and effect at all times from and after the Closing Date. 
  
 On the Closing Date, the Initial Purchasers shall have received proper forms
of UCC-1 financing statements or the equivalent (the “Financing Statements”) under Article 9 of the Uniform Commercial Code in each applicable jurisdiction (the “UCC”) to be filed as soon as reasonably practicable,
but in no event later than five business days after the Closing Date, in the jurisdiction of incorporation of the Company, desirable to perfect the security interests purported to be created by the Security Agreement (as defined in the Indenture) in
favor of the Collateral Agent for the benefit of the Trustee and the holders of the Notes. 
  
 The Company shall use its reasonable best efforts to provide, but only to the extent necessary and requested, to Cahill Gordon & Reindel LLP, counsel to the Initial Purchasers, as the case may be as
soon as practicable, all information (other than information contained in the applicable schedule(s) to the Security Agreement) required for any filings to be made by the Collateral Agent with the United States Patent and Trademark Office or the
United States Copyright Office or other appropriate filing offices of each jurisdiction to perfect the security interests purported to be created by the Security Agreement. 
  
 The Company shall use its reasonable best efforts to obtain on the Closing Date, and in any event within ten business days
after the Closing Date, UCC, judgment, tax lien, and Intellectual Property searches in the respective jurisdictions of the organization of the Company, (y) in the respective jurisdiction where the chief executive offices of the Company are located
and (z) in any other jurisdiction in which the Company stores or maintains 

  

 -20- 

 
assets valued in excess of $500,000 in the aggregate; provided, however, that with respect to this clause searches will only be conducted at
the secretary of state level unless otherwise requested by the Initial Purchasers; provided, however, to the extent such searches reveal Liens on any Collateral, other than Permitted Liens (as defined in the Indenture) and other Liens
expressly permitted under the Indenture, the Company shall use its reasonable best efforts to release such Liens as soon as reasonably practicable. 
  
 All such documents, opinions, certificates, letters, schedules or instruments delivered pursuant to this Agreement will comply with the provisions hereof
only if they are reasonably satisfactory in all material respects to the Initial Purchasers and counsel for the Initial Purchasers. The Company shall furnish to the Initial Purchasers such conformed copies of such documents, opinions, certificates,
letters, schedules and instruments in such quantities as the Initial Purchasers shall reasonably request. 
  
 Section 8. Post Closing Actions Related to Collateral. Notwithstanding anything to the contrary contained in this Agreement, the Indenture or the
Security Documents, the parties hereto acknowledge and agree that the Company and its subsidiaries shall be required to take the actions specified in Schedule 3 as promptly as reasonably practicable, and in any event within the periods after
the Closing Date specified in said Schedule 3. The provisions of said Schedule 3 shall be deemed incorporated by reference herein as fully as if set forth herein in its entirety. 
  
 All conditions precedent, representations and covenants contained in this
Agreement, the Indenture and the Security Documents shall be deemed modified to the extent necessary to effect the foregoing (and to permit the taking of the actions described above within the time periods required above, rather than as elsewhere
provided in any of the above-referenced agreements), provided that (x) to the extent any representation and warranty would not be true because the foregoing actions were not taken on the Closing Date, the respective representation and warranty shall
be required to be true and correct in all material respects at the time the respective action is taken (or was required to be taken) in accordance with the foregoing provisions of Section 7 or Section 8, as the case may be, and (y) all
representations and warranties relating to the Security Documents shall be required to be true immediately after the actions required to be taken by Section 7 or Section 8, as the case may be, have been taken (or were required to be taken).

  
 Section 9. Offering of Notes; Restrictions on Transfer.
(a) Each Initial Purchaser represents that it is an “accreditor investor” within the meaning of Regulation D under the Act and a “QIB” within the meaning of Rule 144A under the Act. Each of the Initial Purchasers agrees with the
Company (as to itself only) that (i) it has not and will not solicit offers for, or offer or sell, the Notes by any form of general solicitation or general advertising (as those terms are used in Regulation D under the Act) or in any manner
involving a public offering within the meaning of Section 4(2) of the Act; and (ii) it has and will solicit offers for the Notes only from, and will offer the Notes only to, (A) in the case of offers inside the  

  

 -21- 

 
United States, persons whom the Initial Purchasers reasonably believe to be QIBs or, if any such person is buying for one or more institutional accounts for
which such person is acting as fiduciary or agent, only when such person has represented to the Initial Purchasers that each such account is a QIB, to whom notice has been given that such sale or delivery is being made in reliance on Rule 144A, and,
in each case, in transactions under Rule 144A and (B) in the case of offers outside the United States, to persons other than U.S. persons (“non-U.S. purchasers,” which term shall include dealers or other professional fiduciaries in the
United States acting on a discretionary basis for non-U.S. beneficial owners (other than an estate or trust)); provided, however, that, in the case of this clause (B), in purchasing such Notes such persons are deemed to have
represented and agreed as provided under the caption “Notice to Investors” contained in the Final Memorandum (or, if the Final Memorandum is not in existence, in the most recent Memorandum). 
  
 (b) Each of the Initial Purchasers represents and warrants
(as to itself only) with respect to offers and sales outside the United States that (i) it has and will comply with all applicable laws and regulations in each jurisdiction in which it acquires, offers, sells or delivers Notes or has in its
possession or distributes any Memorandum or any such other material, in all cases at its own expense; (ii) the Notes have not been and will not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons except
in accordance with Regulation S under the Act or pursuant to an exemption from the registration requirements of the Act; (iii) it has offered the Notes and will offer and sell the Notes (A) as part of its distribution at any time and (B) otherwise
until 40 days after the later of the commencement of the offering and the Closing Date, only in accordance with Rule 903 of Regulation S and, accordingly, neither it nor any persons acting on its behalf have engaged or will engage in any directed
selling efforts (within the meaning of Regulation S) with respect to the Notes, and any such persons have complied and will comply with the offering restrictions requirement of Regulation S and (iv) at or prior to the confirmation of sale of the
Notes, it will have sent to each distributor, dealer or person receiving a selling concession, fee or other remuneration that purchases Notes from it during the restricted period a confirmation or notice to substantially the following effect:

  
 “The Notes covered hereby have not been registered under
the United States Securities Act of 1933 (the “Securities Act”) and may not be offered and sold within the United States or to, or for the account or benefit of, U.S. persons (i) as part of the distribution of Notes at any time or (ii)
otherwise until 40 days after the later of the commencement of the offering and the closing date of the offering, except in either case in accordance with Regulation S (or Rule 144A if available) under the Securities Act, and in connection with any
subsequent sale by you of the Notes covered hereby in reliance on Regulation S during the period referred to above any distributor, dealer or person receiving a selling concession, fee or other remuneration, you must deliver a notice substantially
to the foregoing effect. Terms used above have the meaning given to them in Regulation S.” 
  

 -22- 

 Terms used in this Section 9 and not defined in this Agreement have the meanings given to them in
Regulation S. 
  
 Section 10. Indemnification and
Contribution. (a) The Company agrees to indemnify and hold harmless each Initial Purchaser and each person, if any, who controls any Initial Purchaser 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 any Initial Purchaser or such controlling person may become subject under the 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 the following: 
  
 (i) any untrue statement or alleged untrue statement of any material fact contained in any Memorandum or any amendment or supplement thereto; or 
  
 (ii) the omission or alleged omission to state, in any Memorandum or any amendment or supplement thereto, a material fact required to be
stated therein or necessary to make the statements therein not misleading; 
  
 and
will reimburse, as incurred, the Initial Purchasers and each such controlling person for any legal or other expenses incurred by the Initial Purchasers or such controlling person 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, the Company will not 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 Memorandum or any amendment or supplement thereto in reliance upon and in conformity with written information concerning the Initial
Purchasers furnished to the Company by or on behalf of the Initial Purchasers specifically for use therein, provided, further, that this indemnity shall not apply to the Preliminary Memorandum or any amendment or supplement thereto to
the extent that any such loss, claim, damage or liability results from the fact that any Initial Purchaser sold Notes to a person as to whom it shall be established that there was not sent or given, at or prior to the written confirmation of such
sale, a copy of the Final Memorandum or any amendment or supplement thereto and the loss, claim, damage or liability of such Initial Purchaser results from an untrue statement or omission of a material fact contained in the Preliminary Memorandum
which was corrected in the Final Memorandum or any amendment or supplement thereto and such correction would have cured the defect giving rise to such loss, claim, damage or liability, unless such failure to deliver the Final Memorandum or any
amendment or supplement thereto was a result of noncompliance by the Company with Section 5(a) through (d) hereof. The indemnity provided for in this Section 10 will be in addition to any liability that the Company may otherwise have to the
indemnified parties. The Company shall not be liable under this Section 10 for any settlement of any claim or action effected without its prior written consent, which shall not be unreasonably withheld. 
  

 -23- 

 (b) Each Initial Purchaser, severally and not jointly, agrees to indemnify and hold
harmless the Company, its directors, its officers, employees and affiliates and each person, if any, who controls the Company 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 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 Memorandum or any amendment or supplement thereto, or (ii) the omission or the alleged omission to state therein a material fact required to
be stated in any Memorandum or any amendment or supplement thereto, or 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 Initial Purchaser, furnished to the Company by or on behalf of the Initial Purchasers specifically for use therein; and subject to the limitation
set forth immediately preceding this clause, will reimburse, as incurred, any legal or other expenses incurred by the Company 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 10 will be in addition to any liability that the Initial Purchasers may otherwise have to the
indemnified parties. The Initial Purchasers shall not be liable under this Section 10 for any settlement of any claim or action effected without their consent, which shall not be unreasonably withheld. 
  
 (c) Promptly after receipt by an indemnified party under
this Section 10 of notice of the commencement of any action for which such indemnified party is entitled to indemnification under this Section 10, such indemnified party will, if a claim in respect thereof is to be made against the indemnifying
party under this Section 10, 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 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. In case any such action is brought against any indemnified party, and it notifies the indemnifying party of the commencement thereof, the indemnifying party will be entitled to participate therein
and, to the extent that it may wish, jointly with any other indemnifying party similarly notified, to assume the defense thereof, with counsel reasonably satisfactory to such indemnified party; provided, however, that 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, (ii) the defendants in any such action include both the indemnified party and the indemnifying party and the
indemnified party shall have been advised by counsel that there may be one or more legal defenses available to it and/or other indemnified parties that are different from or additional to those available to the indemnifying party or (iii) the
indemnifying 

  

 -24- 

 
party shall not have employed counsel reasonably satisfactory to the indemnified party to represent the indemnified party within a reasonable time after
receipt by the indemnifying party of notice of the institution of such action, then, in each such case, the indemnifying party shall not have the right to direct the defense of such action on behalf of such indemnified party or parties and such
indemnified party or parties shall have the right to select separate counsel to defend such action on behalf of such indemnified party or parties. 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 10 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 proviso to the immediately preceding sentence (it
being understood, however, that in connection with such action the indemnifying party shall not be liable for the expenses of more than one separate counsel (in addition to local counsel) in any one action or separate but substantially similar
actions in the same jurisdiction arising out of the same general allegations or circumstances, designated by the Initial Purchasers in the case of paragraph (a) of this Section 10 or the Company in the case of paragraph (b) of this Section 10,
representing the indemnified parties under such paragraph (a) or paragraph (b), as the case may be, who are parties to such action or actions) or (ii) the indemnifying party has authorized in writing the employment of counsel for the indemnified
party at the expense of the indemnifying party. All fees and expenses reimbursed pursuant to this paragraph (c) shall be reimbursed as they are incurred. 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 10, in which case the indemnified party may effect such a settlement without such consent. No indemnifying party shall, without the prior written consent of the indemnified party, effect any
settlement or compromise of any pending or threatened proceeding in respect of which any indemnified party is or could have been a party, or indemnity could have been sought hereunder by any indemnified party, unless such settlement (A) includes an
unconditional written release of the indemnified party, in form and substance reasonably satisfactory to the indemnified party, 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 any indemnified party. 
  
 (d) In circumstances in which the indemnity agreement provided for in the preceding paragraphs of this Section 10 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), 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 

  

 -25- 

 
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 Notes 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 on the one hand and any Initial Purchaser on the other shall be deemed to be in the same proportion as the total proceeds from the offering (before deducting expenses) received by the Company bear to the total discounts and commissions
received by such Initial Purchaser. 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 on the one hand, or such Initial Purchaser 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 Company and the Initial Purchasers 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 (d). Notwithstanding any other provision of this paragraph (d), no Initial
Purchaser shall be obligated to make contributions hereunder that in the aggregate exceed the total discounts, commissions and other compensation received by such Initial Purchaser under this Agreement, less the aggregate amount of any damages that
such Initial Purchaser 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 paragraphs (d), each person, if any, who controls an Initial Purchaser 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 Initial Purchasers, and each director of the Company, each officer, employee or affiliate of the Company and each person, if any, who controls
the Company 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. 
  
 Section 11. Survival Clause. The respective representations, warranties, agreements, covenants, indemnities and other statements of the Company,
its officers and the Initial Purchasers set forth in this Agreement or made by or on behalf of them pursuant to this Agreement shall remain in full force and effect, regardless of (i) any investigation made by or on behalf of the Company, any of its
officers or directors, the Initial Purchasers or any controlling person referred to in Section 10 hereof and (ii) delivery of and payment for the Notes. The respective agreements, covenants, indemnities and other statements set forth in 

  

 -26- 

 
Sections 6, 10, 11 and 16 hereof shall remain in full force and effect, regardless of any termination or cancellation of this Agreement. 

 
 Section 12. Termination. (a) This Agreement may be terminated in
the sole discretion of the Initial Purchasers by notice to the Company given prior to the Closing Date in the event that the Company shall have failed, refused or been unable to perform all obligations and satisfy all conditions on its part to be
performed or satisfied hereunder at or prior thereto or, if at or prior to the Closing Date, 
  
 (i) any of the Company or the Subsidiaries shall have sustained any loss or interference with respect to its businesses or properties from
fire, flood, hurricane, accident or other calamity, whether or not covered by insurance, or from any strike, labor dispute, slow down or work stoppage or any legal or governmental proceeding, which loss or interference, in the reasonable judgment of
the Initial Purchasers, has had or has a Material Adverse Effect, or there shall have been, in the reasonable judgment of the Initial Purchasers, any event or development that, individually or in the aggregate, has or would reasonably be likely to
have a Material Adverse Effect (including without limitation a change in control of the Company), except in each case as described in the Final Memorandum (exclusive of any amendment or supplement thereto); 
  
 (ii) trading in securities of the Company or in securities
generally on the New York Stock Exchange, American Stock Exchange or the NASDAQ National Market shall have been suspended or materially limited or minimum or maximum prices shall have been established on any such exchange or market; 
  
 (iii) a banking moratorium shall have been declared by New
York or United States authorities or a material disruption in commercial banking or securities settlement or clearance services in the United States; 
  
 (iv) there shall have been (A) an outbreak or escalation of hostilities between the United States and any foreign power, or (B) an
outbreak or escalation of any other insurrection or armed conflict involving the United States or any other national or international calamity or emergency, or (C) any material change in the financial markets of the United States which, in the case
of (A), (B) or (C) above and in the reasonable judgment of the Initial Purchasers, makes it impracticable or inadvisable to proceed with the offering or the delivery of the Notes as contemplated by the Final Memorandum; or 
  
 (v) any securities of the Company shall have been downgraded
by any nationally recognized statistical rating organization or any such organization shall have publicly announced that it has under surveillance or review, or has changed its outlook 

  

 -27- 

 
with respect to, its ratings of any securities of the Company (other than an announcement with positive implications of a possible upgrading). 
  
 (b) Termination of this Agreement pursuant to this Section
12 shall be without liability of any party to any other party except as provided in Section 10 hereof. 
  
 Section 13. Information Supplied by the Initial Purchasers. The statements set forth in the last paragraph on the front cover page, in the second
and third sentences of the third paragraph and the third and fourth sentence of the fifth paragraph under the heading “Private Placement” in the Final Memorandum (to the extent such statements relate to the Initial Purchasers) constitute
the only information furnished by the Initial Purchasers to the Company for the purposes of Sections 2(a) and 10 hereof. 
  
 Section 14. Notices. All communications hereunder shall be in writing and (i) if sent to the Initial Purchasers, shall be mailed or delivered to
Deutsche Bank Securities Inc., 60 Wall Street, New York, New York 10005, Attention: Corporate Finance Department, with a copy to Cahill Gordon & Reindel LLP, 80 Pine Street, New York, New York 10005, Attention: John A. Tripodoro; and (ii) if
sent to the Company, shall be mailed or delivered to the Company at Exide Technologies, Office of the General Counsel, 13000 Deerfield Parkway, Building 200, Alpharetta, Georgia 30004, Attention: Stuart Kupinsky, with a copy to Kirkland & Ellis
LLP, Aon Center, 200 E. Randolph Dr., Chicago, IL 60601, Attention: Carter W. Emerson, P.C. 
  
 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 guaranteeing overnight delivery; and when receipt is acknowledged by the addresee, if telecopied. 
  
 Section 15. Successors. This Agreement shall inure to the benefit of
and be binding upon the Initial Purchasers, the Company and their respective successors and legal representatives, and nothing expressed or mentioned in this Agreement is intended or shall be construed to give any other person any legal or equitable
right, remedy or claim under or in respect of this Agreement, or any provisions herein contained; this Agreement and all conditions and provisions hereof being intended to be and being for the sole and exclusive benefit of such persons and for the
benefit of no other person except that (i) the indemnities of the Company contained in Section 10 of this Agreement shall also be for the benefit of any person or persons who control the Initial Purchasers within the meaning of Section 15 of the Act
or Section 20 of the Exchange Act and (ii) the indemnities of the Initial Purchasers contained in Section 10 of this Agreement shall also be for the benefit of the directors of the Company, its officers, employees and affiliates and any person or
persons who control the Company within the meaning of Section 15 of the Act or Section 20 of the Exchange Act. No purchaser of Notes from the Initial Purchasers will be deemed a successor because of such purchase. 
  

 -28- 

 Section 16. APPLICABLE LAW. THE VALIDITY AND INTERPRETATION OF THIS AGREEMENT, AND THE TERMS AND
CONDITIONS SET FORTH HEREIN SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS MADE AND TO BE PERFORMED WHOLLY THEREIN, WITHOUT GIVING EFFECT TO ANY PROVISIONS THEREOF RELATING TO
CONFLICTS OF LAW. 
  
 Section 17. Counterparts. This
Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 
  
 Section 18. General Provisions. This Agreement constitutes the entire agreement of the parties to this
Agreement and supersedes all prior written or oral and all contemporaneous oral agreements, understandings and negotiations with respect to the subject matter hereof. This Agreement may not be amended or modified unless in writing by all of the
parties hereto, and no condition herein (express or implied) may be waived unless waived in writing by each party whom the condition is meant to benefit. 
  

 -29- 

  
 If the foregoing correctly
sets forth our understanding, please indicate your acceptance thereof in the space provided below for that purpose, whereupon this letter shall constitute a binding agreement between the Company and the Initial Purchasers. 
  

					
	 Very truly yours,

	
	 EXIDE TECHNOLOGIES

		
	By:	 	 
	 	 	 Name:
	 	 
	 	 	 Title:
	 	 

  

					
	 The foregoing Agreement is hereby confirmed and accepted as of the date first above written.

	
	 DEUTSCHE BANK SECURITIES INC.

		
	By:	 	 
	 	 	 Name:
	 	 
	 	 	 Title:
	 	 
		
	By:	 	 
	 	 	 Name:
	 	 
	 	 	 Title:
	 	 

  

 -30- 

					
	 CREDIT SUISSE FIRST BOSTON LLC

		
	By:	 	 
	 	 	 Name:
	 	 
	 	 	 Title:
	 	 

  

 -31- 

					
	 BANC OF AMERICA SECURITIES LLC

		
	By:	 	 
	 	 	 Name:
	 	 
	 	 	 Title:
	 	 
		
	By:	 	 
	 	 	 Name:
	 	 
	 	 	 Title:
	 	 

  

 -32- 

					
	 UBS SECURITIES LLC

		
	By:	 	 
	 	 	 Name:
	 	 
	 	 	 Title:
	 	 
		
	By:	 	 
	 	 	 Name:
	 	 
	 	 	 Title:
	 	 

  

 -33- 

  
 SCHEDULE 1 

 

				
	 Initial Purchaser

	  	Principal Amount of Notes

	 Deutsche Bank Securities Inc.
	  	$	130,500,000
	 Credit Suisse First Boston LLC
	  	 	116,000,000
	 UBS Securities LLC
	  	 	29,000,000
	 Banc of America Securities LLC
	  	 	14,500,000
	 	  	
	

	 Total
	  	$	290,000,000
	 	  	
	

  

  
 SCHEDULE 2 

 
 Subsidiaries of the Company 
  

  
 SCHEDULE 3 

 
 Post Closing Matters 
  
 Within 90 days after the Closing Date with respect to paragraphs (i), (ii),
(iii), (iv), (v) and (vii) below and within 120 days after the Closing Date with respect to paragraph (vi) below, the Initial Purchasers shall have received: 
  

(i) fully executed counterparts of Mortgages (as defined in the Indenture) as appropriate, in form and substance reasonably
satisfactory to the Initial Purchasers, which Mortgages shall cover the Mortgaged Property owned or leased by the Company as are designated on Annex A hereto, together with evidence that counterparts of the Mortgages, have been delivered to
the title insurance company insuring the Lien (as defined in the Indenture) of such Mortgages for recording in all places to the extent necessary or, in the reasonable opinion of the Initial Purchasers, desirable to effectively create a valid and
enforceable junior-priority mortgage Lien on each Mortgaged Property in favor of the Collateral Agent for the benefit of the Trustee and the holders of the Notes, securing the Obligations under the Indenture, the Notes and the Security Documents
(provided that in jurisdictions that impose mortgage recording taxes, such Mortgages shall not secure indebtedness in an amount exceeding 100% of the fair market value of such Real Property, as reasonably determined, in good faith, by the Company
and reasonably acceptable to the Initial Purchasers), subject to (i) those Liens, created by the Security Documents, (ii) those Liens, encumbrances, hypothecs and other matters affecting title to such Mortgaged Property and found reasonably
acceptable by the Initial Purchasers, (iii) as to any particular Real Property at any time, such easements, encroachments, covenants, rights of way, minor defects, irregularities or encumbrances on title which could not reasonably be expected to
materially impair such Mortgaged Property for the purpose for which it is held by the mortgagor or grantor thereof, or the Lien or hypothec held by the Collateral Agent, (iv) zoning and other municipal ordinances which are not violated in any
material respect by the existing improvements and the present use made by the mortgagor or grantor thereof of the premises, (v) general real estate taxes and assessments not yet delinquent, (vi) such other similar items as the Initial Purchasers may
consent to (such consent not to be unreasonably withheld), (vii) “Permitted Exceptions” (as such term is defined in the Credit Agreement) and (viii) the PBGC Liens (as defined in the Indenture); 
  
 (ii) with respect to each Mortgage intended to encumber a
Mortgaged Property, a policy of title insurance (or commitment to issue 

  

 
such a policy having the effect of a policy) having the effect of a policy in an amount not less than 100% of the fair market value of such Mortgaged
Property as reasonably determined, in good faith, by the Company and reasonably acceptable to the Initial Purchasers, (such policies collectively, “the Mortgage Policies”) issued by such title insurers, which reasonably assures the
Collateral Agent that the Mortgages, as the case may be, on such Mortgaged Properties are valid and enforceable junior priority mortgage Liens on the respective Mortgaged Properties, free and clear of all defects and encumbrances except the
encumbrances described in clauses (i) through (vii) of subparagraph (i) above and such Mortgage Policies shall otherwise be in form and substance reasonably satisfactory to the Initial Purchasers and shall include, as appropriate, to the extent
available at commercially reasonably rates, an endorsement for future advances and for any and all other matters that the Collateral Agent may reasonably request, shall not include an exception for mechanics’ liens or creditors’ rights,
and shall provide for affirmative insurance and such reinsurance (including direct access agreements) as the Initial Purchasers may reasonably request; 
  
 (iii) surveys, in form and substance reasonably satisfactory to the Initial Purchasers, of each Mortgaged Property designated as a
“Surveyed Property” on Annex B hereto, dated a date acceptable to the Collateral Agent and certified in a manner reasonably satisfactory to the Initial Purchasers by a licensed professional surveyor reasonably satisfactory to
the Initial Purchasers; it being understood that any surveys delivered in connection with requirements of the Credit Agreement shall be satisfactory to the extent such surveys shall be acceptable by the title insurance company to issue the coverage
required pursuant to clause (ii) above; 
  
 (iv)
duly authorized, fully executed, acknowledged and delivered subordination, nondisturbance and attornment agreements, assignment of leases, landlord consents, tenant estoppel certificates and such other documents relating to the Mortgages that the
Initial Purchasers may reasonably request, it being understood that the foregoing shall be required to the extent the same was delivered in connection with the requirements in the Credit Agreement. 
  
 (v) proper fixture filings under the UCC on Form UCC-1 or
the equivalent fully executed for filing under the UCC in the appropriate jurisdiction in which the Mortgaged Properties are located, desirable to perfect the security interests purported to be created by the Mortgage in favor of the Trustee for its
benefits and for the benefit of the holders of the Notes; and 
  

 (vi) the opinions, addressed to the Initial Purchasers, of (1) Kirkland & Ellis LLP,
special counsel to the Company or other special counsel or in-house counsel, as to the due authorization, execution and delivery of the Mortgages by the Company, and (2) local counsel in each jurisdiction where Mortgaged Property is located, each in
form and substance reasonably satisfactory to the Initial Purchasers. 
  
 (vii) a pledge agreement under the law of the Netherlands providing for the pledge of 65% of the shares of Exide Global Holding Netherlands C.V. to the Trustee for the benefit of the Trustee and holders of the Notes
and opinion of the Netherlands counsel with respect to such pledge agreement, in each case, inform and substance reasonably satisfactory to the Trustee. 
  

  
 ANNEX A TO 

SCHEDULE 3 
  
 Real Property 
  
 The Mortgage Property shall include all real property upon which the Company and its Subsidiaries has granted liens in favor of Deutsche Bank AG, New York Branch, in its capacity as collateral agent, for the benefit of the First Priority
Liens Creditors including, without limitation, the following: 
  

			
	 Site #

	  	 Address, City, State

	 1
	  	14500 Nelson Avenue, Industry, CA
	 2
	  	3639 Joy Road, Columbus, GA
	 3
	  	250 Ellis Street, Florence, MS (owned portion)
	 4
	  	250 Ellis Street, Florence, MS (leased portion)
	 5
	  	317 & 407 Briarhill Road, Florence, MS (leased portion)
	 6
	  	Briarhill Road, Florence, MS (owned portion)
	 8
	  	901 Haining Road, Vicksburg, MS
	 10
	  	1000 Dunham Drive, Dunmore, PA
	 11
	  	1699 Airways Boulevard, Memphis, TN
	 14
	  	2800 Carroll Avenue, Lynchburg, VA
	 15
	  	2475 West Station, Kankakee, IL
	 16
	  	3001 Fairfax Trafficway, Kansas City, KS
	 17
	  	3035 Fairfax Trafficway, Kansas City, KS
	 19
	  	2700 South Indiana Street, Vernon, CA
	 20
	  	6960 N.W. 35th Avenue, Miami, FL
	 21
	  	3521 Yocam Diamond Drive, Tampa, FL
	 23
	  	7471 Fifth Street, Frisco, TX
	 24
	  	364 Exide Drive, Bristol, TN
	 25
	  	3400 West Avenue, Burlington, IA
	 26
	  	1824 South 27th Avenue, Phoenix, AZ
	 28
	  	600 (555) Hoke Avenue, Frankfort, IN
	 29
	  	Bull Road, Alsace, PA
	 30
	  	250 (251) Grand Street, Hamburg, PA
	 31
	  	2001-05 Lehigh Street, Allentown, PA
	 32
	  	105 Bent Creek Road, Greer, SC
	 33
	  	901 Morrison Street, Frankfort, IN
	 34
	  	303 Water Street, Logansport, IN
	 35
	  	2601 West Mount Pleasant Blvd., Muncie, IN
	 36
	  	913 South 10th Street, Manchester, IA

  

			
	 37
	  	2400 Brooklawn Drive, Baton Rouge, LA
	 38
	  	Hwy 111 & Cannon Hollow, Forest City, MO
	 39
	  	829 Paramount Avenue, Lampeter, PA
	 40
	  	Spring Valley/Nolan, Reading, PA
	 42
	  	3030 McGowan Street, Dallas, TX
	 43
	  	3025 Fairfax Trafficway, Kansas City, KS (Leased)

  

  
 ANNEX B TO 

SCHEDULE 3 
  
 Surveyed Property 
  
 Annex B to Schedule 4 - Surveyed Property 
  

			
	 Site #

	  	 Address, City, State

	 1
	  	14500 Nelson Avenue, Industry, CA
	 2
	  	3639 Joy Road, Columbus, GA
	 3 &4
	  	250 Ellis Street, Florence, MS
	 5 & 6
	  	Briarhill, Florence, MS (owned) AND Briarhill Road, Florence, MS (leased) [All sites are shown in one survey]
	 8
	  	901 Haining Road, Vicksburg, MS
	 10
	  	1000 Dunham Drive, Dunmore, PA
	 11
	  	1699 Airways Boulevard, Memphis, TN
	 14
	  	2800 Carroll Avenue, Lynchburg, VA
	 15
	  	2475 West Station, Kankakee, IL
	 16 & 17 & 43
	  	3001 Fairfax Trafficway, Kansas City, KS AND 3035 Fairfax Trafficway, Kansas City, KS AND 3025[3015 - in tax records] Fairfax Trafficway, Kansas City, KS [All sites are shown in
one survey]
	 19
	  	2700 South Indiana Street, Vernon, CA
	 20
	  	6960 N.W. 35th Avenue, Miami, FL
	 21
	  	3521 Yocam Diamond Drive, Tampa, FL
	 23
	  	7471 Fifth Street, Frisco, TX
	 24
	  	364 Exide Drive (aka. 326 Sperry Ferry Road), Bristol, TN
	 25
	  	3400 West Avenue, Burlington, IA
	 26
	  	1824 South 27th Avenue, Phoenix, AZ
	 28
	  	600 (555) Hoke Avenue, Frankfort, IN
	 29
	  	Bull Road, Alsace, PA
	 30
	  	250 Grand Street (251 Grand St.), Hamburg, PA
	 31
	  	2001-05 Lehigh Street, Allentown, PA
	 32
	  	105 Bent Creek Road, Greer, SC
	 33
	  	901 Morrison Street, Frankfort, IN
	 34
	  	303 Water Street, Logansport, IN
	 35
	  	2601 West Mount Pleasant Boulevard, Muncie, IN
	 36
	  	913 South 10th Street, Manchester, IA
	 37
	  	2400 Brooklawn Drive, Baton Rouge, LA
	 38
	  	Highway 111 and Cannon Hollow, Forest City, MO
	 39
	  	829 Paramount Avenue, Lampeter, PA
	 40
	  	Spring Valley/Nolan, Reading, PA
	 42
	  	3030 McGowan Street, Dallas, TX

  

  
 EXHIBIT A 

 
 Opinion of Kirkland & Ellis LLP 
  

  
 EXHIBIT B 

 
 Opinion of Stuart Kupinsky, Esq.Purchase Agreement dated as of March 15, 2005 Re: Convertible Senior Notes

 Exhibit 10.6 
  
 $60,000,000 
  
 EXIDE TECHNOLOGIES 
  
 Floating Rate Convertible Senior Subordinated Notes due 2013  
  
 PURCHASE AGREEMENT 
  
 March 15, 2005 
  
 Deutsche Bank Securities Inc. 
 Credit Suisse First Boston LLC 
 c/o Deutsche Bank Securities Inc. 
     60 Wall Street 
     New York, NY 10005 
  
 Ladies and Gentlemen: 
  
 Exide Technologies, a Delaware corporation (the “Company”), hereby confirms its agreement with you (the “Initial
Purchasers”), as set forth below. 
  

	 	1.	THE SECURITIES. 

  
 Subject to the terms and conditions contained herein the Company proposes to issue and sell to the Initial Purchasers $60,000,000 aggregate principal
amount of its Floating Rate Convertible Senior Subordinated Notes due 2013 (the “Firm Securities”). The Company also proposes to issue and sell to the Initial Purchasers at Deutsche Bank Securities Inc.’s option an additional
$9,000,000 aggregate principal amount of its Floating Rate Convertible Senior Subordinated Notes due 2013 (the “Option Securities” and together with the Firm Securities, the “Securities”) as set forth below.

  
 The Securities are convertible into shares of common stock,
par value $0.01 per share, of the Company (the “Common Stock”). The shares of Common Stock into which the Securities may be convertible are referred to herein as the “Underlying Securities.” The Securities are to be
issued pursuant to the terms of an Indenture dated as of March 18, 2005, between the Company and SunTrust Bank, as Trustee (the “Trustee”). 
  
 The sale of the Securities and the Underlying Securities will be made without registration under the Securities Act of 1933, as amended (the
“Securities Act”), in reliance on exemptions from the registration requirements of the Securities Act. As the Initial Purchasers, you have advised the Company that you will offer and sell the Securities purchased by you hereunder
(the “Offering”) in accordance with Section 4 hereof as soon as you deem advisable. 
  
 In connection with the Offering, the Company has prepared a final offering memorandum, dated March 15, 2005 (the “Final Memorandum”). The
Final Memorandum sets forth certain information regarding the Company, the Securities and the Underlying Securities. 

  

 
The Company hereby confirms that it has authorized the use of the Final Memorandum, and any amendment or supplement thereto, in connection with the Offering
by the Initial Purchasers. Unless stated to the contrary, all references herein to the Final Memorandum are to the Final Memorandum at the date thereof and are not meant to include any amendment or supplement, or any information incorporated by
reference therein subsequent to the date thereof and any references herein to the terms “amend,” “amendment” or “supplement” with respect to the Final Memorandum shall be deemed to refer to and
include any information filed under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), subsequent to the date of the Final Memorandum which is incorporated by reference therein. The term
“Memorandum” refers to the Final Memorandum. 
  
 Concurrently with the Offering, the Company is also separately offering $290,000,000 in aggregate principal amount of 10-1/2% Senior Secured Notes due 2013 (the “Senior Notes”). The proceeds of the Senior Notes offering
along with the proceeds from the sale of the Securities will be used as described in the Final Memorandum under the heading “Use of Proceeds.” 
  
 In connection with the Offering, the Company also proposes to enter into a Registration Rights Agreement, to be dated as of the Closing Date (as defined
in Section 3(a) below), between the Company and the Initial Purchasers (the “Registration Rights Agreement”). 
  
 In consideration of the mutual agreements contained herein and of the interests of the parties in the transactions contemplated hereby, the parties hereto
agree as follows: 
  

	 	2.	REPRESENTATIONS AND WARRANTIES OF THE COMPANY. 

  
 The Company represents and warrants to the Initial Purchasers as follows: 
  
 (a) Neither the Final Memorandum nor any amendment or supplement thereto as of the date thereof and at all times subsequent
thereto up to the Closing Date (as defined in Section 3 below) contained or contains any untrue statement of a material fact or omitted or omits to state a material fact necessary to make the statements therein, in the light of the circumstances
under which they were made, not misleading, except that the representations and warranties set forth in this Section 2(a) do not apply to statements or omissions made in reliance upon and in conformity with information relating to the Initial
Purchasers furnished to the Company in writing by or on behalf of the Initial Purchasers expressly for use in the Final Memorandum or any amendment or supplement thereto. 
  
 (b) As of the Closing Date, the Company’s amended and restated certificate of incorporation authorized the issuance of
62,500,000 shares of capital stock, including 61,500,000 shares of common stock, par value $0.01 per share, and 1,000,000 shares of preferred stock, par value $0.01 per share; the number of outstanding shares of the Company’s common stock is
set forth in the Final Memorandum in the section “Principal Stockholders” as of the date indicated; the information set forth under the caption “Capitalization” in the Final Memorandum is true and correct in all material
respects; all of the subsidiaries of the Company are listed in Schedule II attached hereto (each, a 

  

 2 

 
“Subsidiary” and collectively, the “Subsidiaries”); except as set forth in the Final Memorandum, all of the outstanding
shares of capital stock or membership interest, as applicable, of the Company and the Subsidiaries have been, and as of the Closing Date will be, duly authorized and validly issued, are fully paid and nonassessable and were not issued in violation
of any preemptive or similar rights; except as set forth in the Final Memorandum, all of the outstanding shares of capital stock or membership interest, as applicable, of the Company and of each of the Subsidiaries will be free and clear of all
liens, encumbrances, equities and claims or restrictions on transferability (other than those imposed by (1) the Credit Agreement dated May 5, 2004, among the Company, Deutsche Bank AG New York Branch, as administrative agent, and the other parties
thereto, as amended (the “Credit Agreement”), (2) liens, encumbrances and claims under the Indenture governing the Senior Notes, (3) the Securities Act and (4) the securities or “Blue Sky” laws of certain jurisdictions) or
voting; except as set forth in the Final Memorandum and except for pursuant to the Company’s equity incentive plan or in connection with the Joint Plan of Reorganization confirmed as of May 5, 2004, there are no (i) options, warrants or other
rights to purchase, (ii) agreements or other obligations to issue or (iii) other rights to convert any obligation into, or exchange any securities for, shares of capital stock of or ownership interests in the Company or any of the Subsidiaries
outstanding. Except for the Subsidiaries or as disclosed in the Final Memorandum or Schedule II hereto, the Company does not own, directly or indirectly, any shares of capital stock or any other equity or long-term debt securities or have any
equity interest in any firm, partnership, joint venture or other entity. 
  
 (c) Each of the Company and the Subsidiaries is duly incorporated or otherwise organized, validly existing and in good standing under the laws of its respective jurisdiction of incorporation or organization and has
all requisite corporate or organizational power and authority to own or lease its properties and conduct its business as now conducted and as described in the Final Memorandum; each of the Company and the Subsidiaries is duly qualified to do
business as a foreign corporation or entity in good standing in all other jurisdictions where the ownership or leasing of its properties or the conduct of its business requires such qualification, except where the failure to be so qualified would
not, individually or in the aggregate, reasonably be expected to have a material adverse effect on the general affairs, management, business, financial condition or results of operations of the Company and the Subsidiaries, taken as a whole (any
such event, a “Material Adverse Effect”). 
  
 (d)
The Company has all requisite corporate power and authority to execute, deliver and perform each of its obligations under the Securities. The Securities, when issued, will be in the form contemplated by the Indenture. The Securities have each been
duly and validly authorized by the Company and, when executed by the Company and authenticated by the Trustee in accordance with the provisions of the Indenture and, when delivered to and paid for by the Initial Purchasers in accordance with the
terms of this Agreement, will constitute valid and legally binding obligations of the Company, entitled to the benefits of the Indenture, and enforceable against the Company in accordance with their terms, except that the enforcement thereof may be
subject to (i) bankruptcy, insolvency, reorganization, fraudulent conveyance, moratorium or other similar laws now or hereafter in effect relating to creditors’ rights generally, and (ii) general principles of 

  

 3 

 
equity and the discretion of the court before which any proceeding therefor may be brought. 
  
 (e) The shares of Common Stock to be issued upon conversion of the Securities have been duly authorized and reserved and,
when issued upon conversion of the Securities, will be validly issued, fully paid and nonassessable; and no preemptive rights of stockholders exist with respect to any of the Common Stock to be issued upon conversion of the Securities. 

 
 (f) All of the shares of Common Stock conform in all material respects to
the description thereof contained in the Final Memorandum; the form of certificate for the shares of Common Stock conforms in all material respects to the requirements of the General Corporation Law of the State of Delaware. 
  
 (g) The Company has all requisite corporate power and authority to execute,
deliver and perform its obligations under the Indenture. The Indenture meets in all material respects the requirements for qualification under the Trust Indenture Act of 1939, as amended (the “TIA”). The Indenture has been duly and
validly authorized by the Company and, when executed and delivered by the Company (assuming the due authorization, execution and delivery by the Trustee), will constitute a valid and legally binding agreement of the Company, enforceable against the
Company in accordance with its terms, except that the enforcement thereof may be subject to (i) bankruptcy, insolvency, reorganization, fraudulent conveyance, moratorium or other similar laws now or hereafter in effect relating to creditors’
rights generally and (ii) general principles of equity and the discretion of the court before which any proceeding therefor may be brought. 
  
 (h) The Company has all requisite corporate power and authority to execute, deliver and perform its obligations under the Registration Rights Agreement.
The Registration Rights Agreement has been duly and validly authorized by the Company and, when executed and delivered by the Company (assuming the due authorization, execution and delivery by the Initial Purchasers), will constitute a valid and
legally binding agreement of the Company enforceable against the Company in accordance with its terms, except that (A) the enforcement thereof may be subject to (i) bankruptcy, insolvency, reorganization, fraudulent conveyance, moratorium or other
similar laws now or hereafter in effect relating to creditors’ rights generally, and (ii) general principles of equity and the discretion of the court before which any proceeding therefor may be brought and (B) any rights to indemnity or
contribution thereunder may be limited by federal and state securities laws and public policy considerations. 
  
 (i) All of the Underlying Securities issuable upon conversion of the Securities have been duly authorized. The Company has submitted a notification for
listing the Underlying Securities with NASDAQ. 
  
 (j) The Company
has all requisite corporate power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. This Agreement and the consummation by the 

  

 4 

 
Company of the transactions contemplated hereby have been duly and validly authorized by the Company. This Agreement has been duly executed and delivered by
the Company. 
  
 (k) No consent, approval, authorization or order
of any court or governmental agency or body, or third party is required for the issuance and sale by the Company of the Securities to the Initial Purchasers or the consummation by the Company of the other transactions contemplated hereby, except
such as have been obtained, such as may be required under state securities or “Blue Sky” laws in connection with the purchase and resale of the Securities by the Initial Purchasers and the consent to listing of the Underlying Securities on
NASDAQ. None of the Company or the Subsidiaries is (i) in violation of its certificate of incorporation, bylaws or limited liability company agreement (or similar organizational document), (ii) in breach or violation of any statute, judgment,
decree, order, rule or regulation applicable to any of them or any of their respective properties or assets, except for any such breach or violation that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse
Effect, or (iii) in breach of or default under (nor has any event occurred that, with notice or passage of time or both, would constitute a default under) or in violation of any of the terms or provisions of any indenture, mortgage, deed of trust,
loan agreement (including, without limitation, the Credit Agreement), note, lease, license, franchise agreement, permit, certificate, contract or other agreement or instrument to which any of them is a party or to which any of them or their
respective properties or assets is subject (collectively, “Contracts”), except for any such breach, default, violation or event that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse
Effect. 
  
 (l) The execution, delivery and performance by the
Company of this Agreement, the Indenture and the Registration Rights Agreement and the consummation by the Company of the transactions contemplated hereby and thereby (including, without limitation, the issuance and sale of the Securities to the
Initial Purchasers) will not conflict with or constitute or result in a breach of or a default under (or an event that with notice or passage of time or both would constitute a default under) or violation of any of (i) the terms or provisions of any
Contract, except for any such conflict, breach, violation, default or event that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, (ii) the certificate of incorporation, bylaws or limited
liability company agreement (or similar organizational document) of the Company or any of the Subsidiaries or (iii) (assuming compliance with all applicable state securities or “Blue Sky” laws and assuming the accuracy of the
representations and warranties of the Initial Purchasers in Section 8 hereof) any statute, judgment, decree, order, rule or regulation applicable to the Company or any of the Subsidiaries or any of their respective properties or assets, except for
any such conflict, breach or violation that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 
  
 (m) The audited consolidated financial statements of the Company and the Subsidiaries included in the Final Memorandum present fairly in all material
respects the financial position, results of operations and cash flows of the Company and the 

  

 5 

 
Subsidiaries at the dates and for the periods to which they relate and have been prepared in accordance with generally accepted accounting principles applied
on a consistent basis, except as otherwise stated therein. The summary and selected financial and statistical data in the Final Memorandum present fairly in all material respects the information shown therein and have been prepared and compiled on a
basis consistent with the audited financial statements included therein, except as otherwise stated therein. PricewaterhouseCoopers LLP (the “Independent Accountants”) is an independent public accounting firm within the meaning of
the Securities Act and the rules and regulations promulgated thereunder. 
  
 (n) The pro forma financial information included in the Final Memorandum (i) complies as to form in all material respects with the applicable requirements of Regulation S-X promulgated under the Securities Exchange
Act of 1934, as amended (the “Exchange Act”), (ii) has been prepared in accordance with the Commission’s rules and guidelines with respect to pro forma financial information and (iii) has been properly computed on the bases
described therein; the assumptions used in the preparation of the pro forma financial information included in the Final Memorandum are reasonable and the adjustments used therein are appropriate to give effect to the transactions or circumstances
referred to therein. 
  
 (o) Except as set forth in the Final
Memorandum, there is not pending or, to the knowledge of the Company, threatened any action, suit, proceeding, inquiry or investigation to which the Company or any of the Subsidiaries is a party, or to which the property or assets of the Company or
any of the Subsidiaries are subject, before or brought by any court, arbitrator or governmental agency or body that, if determined adversely to the Company or any of the Subsidiaries, would, individually or in the aggregate, reasonably be expected
to have a Material Adverse Effect or that seeks to restrain, enjoin, prevent the consummation of or otherwise challenge the issuance or sale of the Securities to be sold hereunder, the issuance of the Underlying Securities issuable upon a conversion
of the Securities or the consummation of the other transactions described in the Final Memorandum. 
  
 (p) Each of the Company and the Subsidiaries possesses all licenses, permits, certificates, consents, orders, approvals and other authorizations from, and
has made all necessary declarations and filings with, all federal, state, foreign, local and other governmental authorities, all self-regulatory organizations and all courts and other tribunals, presently required or necessary to own or lease, as
the case may be, and to operate its respective properties and to carry on its respective businesses as now or proposed to be conducted as set forth in the Final Memorandum (“Permits”), except where the failure to obtain such Permits
would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect; each of the Company and the Subsidiaries has fulfilled and performed all of its obligations with respect to such Permits and no event has occurred
that allows, or after notice or lapse of time would allow, revocation or termination thereof or results in any other material impairment of the rights of the holder of any such Permit; and none of the Company or the Subsidiaries has received any
written notice of any proceeding relating to revocation or modification of any such Permit, except as described in the Final Memorandum and except where such 

  

 6 

 
revocation or modification would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 
  
 (q) Since the date of the most recent financial statements appearing in the
Final Memorandum, except as described therein, (i) none of the Company or the Subsidiaries has incurred any liabilities or obligations, direct or contingent, or entered into or agreed to enter into any transactions or contracts (written or oral) not
in the ordinary course of business, which liabilities, obligations, transactions or contracts would, individually or in the aggregate, be material to the general affairs, management, business, condition (financial or otherwise), prospects or results
of operations of the Companies and its Subsidiaries, taken as a whole, (ii) none of the Company or the Subsidiaries has purchased any of its outstanding capital stock or membership interest, nor declared, paid or otherwise made any dividend or
distribution of any kind on its capital stock or membership interest (other than with respect to any of such Subsidiaries, the purchase of, or dividend or distribution on, capital stock owned by the Company) and (iii) there shall not have been any
material change in the capital stock, membership interest or long-term indebtedness of the Company or the Subsidiaries. 
  
 (r) Each of the Company and the Subsidiaries has filed all necessary federal, state and foreign income and franchise tax returns that are required to be
filed, except where the failure to so file such returns would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, and has paid all taxes shown as due thereon to the extent such taxes become due and
payable; and other than tax deficiencies that the Company or any Subsidiary is contesting in good faith and for which the Company or such Subsidiary has provided adequate reserves, there is no tax deficiency that has been asserted against the
Company or any of the Subsidiaries that would reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 
  
 (s) The statistical and market-related data included in the Final Memorandum are based on or derived from sources that the Company believes to be reliable
and accurate. 
  
 (t) None of the Company, the Subsidiaries or any
agent acting on their behalf has taken or will take any action that might cause this Agreement, the sale of the Securities or the issuance of the Underlying Securities to violate Regulation T, U or X of the Board of Governors of the Federal Reserve
System, in each case as in effect, or as the same may hereafter be in effect, on the Closing Date. 
  
 (u) Each of the Company and the Subsidiaries has good and marketable title to all real property and good title to all personal property described in the
Final Memorandum as being owned by it and good and marketable title to a leasehold estate in the real and personal property described in the Final Memorandum as being leased by it free and clear of all liens, charges, encumbrances or restrictions,
except as described in the Final Memorandum or to the extent the failure to have such title or the existence of such liens, charges, encumbrances or restrictions would not, individually or in the aggregate, reasonably be expected to have a Material
Adverse Effect. All leases, 

  

 7 

 
contracts and agreements to which the Company or any of the Subsidiaries is a party or by which any of them is bound are valid and enforceable against the
Company or such Subsidiary, and are valid and enforceable against the other party or parties thereto and are in full force and effect with only such exceptions as would not, individually or in the aggregate, reasonably be expected to have a Material
Adverse Effect. The Company and the Subsidiaries own or possess adequate licenses or other rights to use all patents, trademarks, service marks, trade names, copyrights and know-how necessary to conduct the businesses now or proposed to be operated
by them as described in the Final Memorandum except those that, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect, and none of the Company or the Subsidiaries has received any written notice of
infringement of or conflict with (or knows of any such infringement of or conflict with) asserted rights of others with respect to any patents, trademarks, service marks, trade names, copyrights or know-how that, if such assertion of infringement or
conflict were sustained, would reasonably be expected to have a Material Adverse Effect. 
  
 (v) There are no legal or governmental proceedings involving or affecting the Company or any Subsidiary or any of their respective properties or assets that would be required to be described in a prospectus pursuant
to the Securities Act that are not described in the Final Memorandum, nor are there any material contracts or other documents that would be required to be described in a prospectus pursuant to the Securities Act that are not described in the Final
Memorandum. 
  
 (w) Except as would not, individually or in the
aggregate, reasonably be expected to have a Material Adverse Effect and except as described in or contemplated by the Final Memorandum, (A) each of the Company and the Subsidiaries is in compliance with and not subject to liability under applicable
Environmental Law (as defined below), (B) each of the Company and the Subsidiaries has made all filings and provided all notices required under any applicable Environmental Law, and has and is in compliance with all Permits required under any
applicable Environmental Laws and each of them is in full force and effect, (C) there is no civil, criminal or administrative action, suit, demand, claim, hearing, notice of violation, investigation, proceeding, notice or demand letter or request
for information pending or, to the knowledge of the Company or any of the Subsidiaries, threatened against the Company or any of the Subsidiaries under any Environmental Law, (D) no lien, charge, encumbrance or restriction has been recorded under
any Environmental Law with respect to any assets, facility or property owned, operated, leased or controlled by the Company or any of the Subsidiaries, (E) none of the Company or the Subsidiaries has received written notice that it has been
identified as a potentially responsible party under the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended (“CERCLA”), or any comparable state law, (F) no property or facility of the Company or
any of the Subsidiaries is (i) listed or proposed for listing on the National Priorities List under CERCLA or is (ii) listed in the Comprehensive Environmental Response, Compensation and Liability Information System List promulgated pursuant to
CERCLA, or on any comparable list maintained by any state or local governmental authority, (G) neither the Company nor any of its Subsidiaries is conducting or financing an investigation, or response, corrective or other action pursuant to
Environmental Law at any site of facility, 

  

 8 

 
nor is any of them subject to or party to any order, judgment, decree, contract or agreement which obligates it to conduct or finance any such action nor has
any of them assumed by contract or agreement any obligation or liability under Environmental Law, and (H) there are no past or present events, activities, operations, occurrences or conditions which could reasonably be expected to prevent or
interfere with compliance by the Company of any of its Subsidiaries with, or result in liability of any of them under, Environmental Law (including, without limitation, any capital or operating expenditures required for cleanup, closure or
compliance with the Environmental Law, any constraints on operating activities and any potential liability to third parties). 
  
 For purposes of this Agreement, “Environmental Law” means the common law and all applicable foreign, federal, provincial, state and local laws or regulations,
codes, ordinances, orders, decrees, judgments or injunctions issued, promulgated, approved or entered thereunder, relating to pollution or protection of public or employee health and safety, the environment or natural resource damages including,
without limitation, those relating to (i) emissions, discharges, releases or threatened releases of Hazardous Material in or into the environment (including, without limitation, ambient air, surface water, groundwater, drinking water, land surface
or subsurface strata, and natural resources such as wetlands, flora and fauna) or exposure thereto, (ii) the manufacture, processing, distribution, use, generation, treatment, storage, disposal, transport, handling or recycling of Hazardous
Material, (iii) zoning, facility siting, financial assurance, environmental impact assessment or review, reclamation or land use and (iv) underground or aboveground storage tanks and related piping, and emissions, discharges, releases or threatened
releases therefrom. “Hazardous Material” means any substance, material, pollutant, contaminant, chemical, constituent or waste, including without limitation, petroleum and petroleum products, subject to regulation under or which
could give rise to liability under Environmental Law. 
  
 (x)
Except as set forth in the Final Memorandum, there is no strike, labor dispute, slowdown or work stoppage with the employees of the Company or any of the Subsidiaries that is pending or, to the knowledge of the Company or any of the Subsidiaries,
threatened. 
  
 (y) Each of the Company and the Subsidiaries
carries insurance in such amounts and covering such risks as is reasonable for the conduct of its business and the value of its properties. 
  
 (z) None of the Company or the Subsidiaries has any material liability for any prohibited transaction or funding deficiency or any complete or partial
withdrawal liability with respect to any pension, profit sharing or other plan that is subject to the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), to which the Company or any of the Subsidiaries makes or
ever has made a contribution and in which any employee of the Company or of any Subsidiary is or has ever been a participant, except as described in the Final Memorandum and except where such liability would not reasonably be expected to,
individually or in the aggregate, have a Material Adverse Effect. With respect to such plans, the Company and each Subsidiary is in compliance in all material respects with all applicable provisions of ERISA. 
  

 9 

 (aa) Each of the Company and the Subsidiaries (i) makes and keeps accurate books and records and (ii)
maintains internal accounting controls that provide reasonable assurance that (A) transactions are executed in accordance with management’s authorization, (B) transactions are recorded as necessary to permit preparation of its financial
statements and to maintain accountability for its assets, (C) access to its assets is permitted only in accordance with management’s authorization and (D) the reported accountability for its assets is compared with existing assets at reasonable
intervals. 
  
 (bb) None of the Company or the Subsidiaries will
be an “investment company” or “promoter” or “principal underwriter” for an “investment company,” as such terms are defined in the Investment Company Act of 1940, as amended, and the rules and regulations
thereunder. 
  
 (cc) The Securities, the Underlying Securities,
the Indenture and the Registration Rights Agreement will conform in all material respects to the descriptions thereof in the Final Memorandum. 
  
 (dd) No holder of securities of the Company or any Subsidiary will be entitled to have such securities registered under the registration statements
required to be filed by the Company pursuant to the Registration Rights Agreement other than as expressly permitted thereby. 
  
 (ee) Immediately after the consummation of the transactions contemplated by this Agreement, the fair value and present fair saleable value of the assets
of the Company and the Subsidiaries on a consolidated basis will exceed the sum of their stated liabilities and identified contingent liabilities on a consolidated basis; the Company and the Subsidiaries on a consolidated basis will not be, after
giving effect to the execution, delivery and performance of this Agreement, and the consummation of the transactions contemplated hereby, (i) left with unreasonably small capital with which to carry on their business as it is proposed to be
conducted, (ii) unable to pay their debts (contingent or otherwise) as they mature or (iii) otherwise insolvent. 
  
 (ff) None of the Company, the Subsidiaries or any of their respective Affiliates (as defined in Rule 501(b) of Regulation D under the Securities Act) has
directly, or through any agent, (i) sold, offered for sale, solicited offers to buy or otherwise negotiated in respect of any “security” (as defined in the Securities Act) that is or could be integrated with the sale of the Securities in a
manner that would require the registration under the Securities Act of the Securities or (ii) engaged in any form of general solicitation or general advertising (as those terms are used in Regulation D under the Securities Act) in connection with
the offering of the Securities or in any manner involving a public offering within the meaning of Section 4(2) of the Securities Act. Assuming the accuracy of the representations and warranties of the Initial Purchasers in Section 8 hereof, it is
not necessary in connection with the offer, sale and delivery of the Securities to the Initial Purchasers in the manner contemplated by this Agreement to register any of the Notes under the Securities Act or to qualify the Indenture under the TIA.

  

 10 

 (gg) No securities of the Company or any Subsidiary are of the same class (within the meaning of Rule
144A under the Securities Act) as the Securities and listed on a national securities exchange registered under Section 6 of the Exchange Act, or quoted in a U.S. automated inter-dealer quotation system. 
  
 (hh) None of the Company or the Subsidiaries has taken, nor will any of them
take, directly or indirectly, any action designed to, or that might be reasonably expected to, cause or result in stabilization or manipulation of the price of the Securities. 
  
 (ii) None of the Company, the Subsidiaries, any of their respective Affiliates or any person acting on its or their behalf
(other than the Initial Purchasers) has engaged in any directed selling efforts (as that term is defined in Regulation S under the Securities Act (“Regulation S”)) with respect to the Notes; the Company, the Subsidiaries and their
respective Affiliates and any person acting on its or their behalf (other than the Initial Purchasers) have complied with the offering restrictions requirement of Regulation S. 
  
 (jj) Neither the Company nor its Subsidiaries nor, to the knowledge of the Company, any director, officer, agent, employee
or Affiliate of the Company or any of its Subsidiaries is aware of or has taken any action, directly or indirectly, that would result in a material violation by such persons of the Foreign Corrupt Practices Act of 1977, as amended, and the rules and
regulations thereunder (the “FCPA”), including, without limitation, making use of the mails or any means or instrumentality of interstate commerce corruptly in furtherance of an offer, payment, promise to pay or authorization of the
payment of any money, or other property, gift, promise to give, or authorization of the giving of anything of value to any “foreign official” (as such term is defined in the FCPA) or any foreign political party or official thereof or any
candidate for foreign political office, in contravention of the FCPA; and the Company, its Subsidiaries and, to the knowledge of the Company, its Affiliates have conducted their businesses in compliance with the FCPA and have instituted and maintain
policies and procedures designed to ensure, and which are reasonably expected to continue to ensure, continued compliance therewith. 
  
 (kk) The operations of the Company and its Subsidiaries are and have been conducted at all times in compliance with applicable financial recordkeeping and
reporting requirements of the Currency and Foreign Transactions Reporting Act of 1970, as amended, the money laundering statutes of all jurisdictions, the rules and regulations thereunder and any related or similar rules, regulations or guidelines,
issued, administered or enforced by any governmental agency (collectively, the “Money Laundering Laws”) and no action, suit or proceeding by or before any court or governmental agency, authority or body or any arbitrator involving
the Company or any of its Subsidiaries with respect to the Money Laundering Laws is pending or, to the best knowledge of the Company, threatened. 
  
 (ll) To the best of the Company’s knowledge, there is and has been no failure on the part of the Company and any of the Company’s directors or
officers, in their capacities as such, to comply with any applicable and effective provision of the Sarbanes-Oxley Act of 2002 and the rules and regulations promulgated in connection therewith 

  

 11 

 
(the “Sarbanes-Oxley Act”), including Section 402 related to loans and Sections 302 and 906 related to certifications, except where any such
failure to comply would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 
  
 (mm) Neither the Company, any of its Subsidiaries nor, to the knowledge of the Company, any director, officer, agent, employee or Affiliate of the Company
or any of its Subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”); and the Company will not directly or indirectly use the
proceeds of the offering of the Securities hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person
currently subject to any U.S. sanctions administered by OFAC. 
  
 Any certificate signed by any officer of the Company or any Subsidiary and delivered to any Initial Purchasers or to counsel for the Initial Purchasers shall be deemed a joint and several representation and warranty by the Company and each
of the Subsidiaries to the Initial Purchasers as to the matters covered thereby. 
  

	 	3.	PURCHASE, SALE AND DELIVERY OF THE SECURITIES. 

  
 (a) On the basis of the representations, warranties and covenants herein contained, and subject to the conditions herein set forth, the Company agrees to
issue and sell to the Initial Purchasers and the Initial Purchasers, acting severally and not jointly, agree to purchase from the Company, at a purchase price of 97% of the aggregate principal amount thereof (the “Purchase Price”), plus
accrued interest, if any, from March 18, 2005 to the Closing Date, all the principal amount of Firm Securities set forth opposite the name of such Initial Purchasers in Schedule I hereto. Each Security will be convertible at the option of the holder
into the Underlying Securities at the conversion price set forth in the Securities (the “Conversion Price”), which Conversion Price is subject to adjustment in certain events as provided in the Securities and the Indenture. One or more
global securities representing the Firm Securities shall be registered by the Trustee in the name of the nominee of The Depository Trust Company (“DTC”), Cede & Co., credited to the accounts of such of its participants as the Initial
Purchasers shall request, upon notice to the Company at least 48 hours prior to the Closing Date, with any transfer taxes payable in connection with the transfer of the Securities to the Initial Purchasers duly paid, and deposited with the Trustee
as custodian for DTC on the Closing Date, against payment by or on behalf of the Initial Purchasers to the account of the Company of the aggregate Purchase Price therefor by wire transfer in immediately available funds. Delivery of and payment for
the Firm Securities shall be made at the offices of Cahill Gordon & Reindel LLP, 80 Pine Street, New York, New York 10005, at 10:00 A.M., New York City time, on the third full business day following the date of this Agreement, or
at such other place, time or date not later than five business days thereafter as the Initial Purchasers and the Company may agree upon. Such time and date of delivery against payment are herein referred to as the “Closing Date.” (As used
herein, “business day” means a day on which the New York Stock Exchange is open for trading and on which banks in New York are open for business and are not permitted by law or executive order to be closed.) 
  

 12 

 (b) In addition, on the basis of the representations and warranties herein contained and subject to the
terms and conditions herein set forth, the Company hereby grants an option to Deutsche Bank Securities Inc. to purchase the Option Securities at the Purchase Price set forth in the first paragraph of this Section 3 plus accrued interest, if any,
from March 18, 2005 to the Option Closing Date (as defined below). The option granted hereby may be exercised by Deutsche Bank Securities Inc. in whole or in part by giving written notice (i) at any time before the Closing Date and (ii) only once
thereafter within 45 days after the date of this Agreement, to the Company setting forth the aggregate principal amount of Option Securities as to which Deutsche Bank Securities Inc. is exercising the option and the time and date for delivery of and
payment for such Option Securities. The time and date for delivery of and payment for such Option Securities shall be determined by the Deutsche Bank Securities Inc. but shall not be earlier than three nor later than ten full business days after the
exercise of such option, nor in any event prior to the Closing Date (such time and date being herein referred to as the “Option Closing Date”). If the date of exercise of the option is two or more days before the Closing Date, the notice
of exercise shall set the Closing Date as the Option Closing Date. Deutsche Bank Securities Inc. may cancel such option at any time prior to its expiration by giving written notice of such cancellation to the Company. 
  

	 	4.	OFFERING BY THE INITIAL PURCHASERS. 

  
 The Initial Purchasers propose to make an offering of the Notes at the price and upon the terms set forth in the Final Memorandum as soon as practicable
after this Agreement is entered into and as in the judgment of the Initial Purchasers is advisable. 
  

	 	5.	COVENANTS OF THE COMPANY. 

  
 The Company covenants and agrees with the Initial Purchasers that: 
  
 (a) Prior to the sale of all of the Notes by the Initial Purchasers, the Company will not amend or supplement the Final
Memorandum or any amendment or supplement thereto of which the Initial Purchaser shall not previously have been advised and furnished a copy for a reasonable period of time prior to the proposed amendment or supplement and as to which the Initial
Purchasers shall not have given its consent, which consent shall not be unreasonably withheld. The Company will promptly, upon the reasonable request of the Initial Purchasers or counsel for the Initial Purchasers, make any amendments or supplements
to the Final Memorandum that may be necessary or advisable in connection with the resale of the Securities by the Initial Purchasers. 
  
 (b) The Company will cooperate with the Initial Purchasers in arranging for the qualification of the Securities for offering and sale under the securities
or “Blue Sky” laws of which jurisdictions as the Initial Purchasers may designate and will continue such qualifications in effect for as long as may be necessary to complete the resale of the Securities; provided, however,
that in connection therewith, the Company shall not be required to qualify as a foreign corporation or to execute a general consent to service of process in any jurisdiction or subject itself to taxation in excess of a nominal dollar amount in any
such jurisdiction where it is not then so subject. 
  

 13 

 (c) If, at any time prior to the completion of the distribution by the Initial Purchasers of the
Securities, any event occurs or information becomes known as a result of which the Final Memorandum as then amended or supplemented would include any untrue statement of a material fact, or omit to state a material fact necessary to make the
statements therein, in the light of the circumstances under which they were made, not misleading, or if for any other reason it is necessary at any time to amend or supplement the Final Memorandum to comply with applicable law, the Company will
promptly notify the Initial Purchasers thereof and will prepare, at the expense of the Company, an amendment or supplement to the Final Memorandum that corrects such statement or omission or effects such compliance 
  
 (d) The Company will, without charge, provide to the Initial Purchasers and
to counsel for the Initial Purchasers as many copies of the Final Memorandum or any amendment or supplement thereto as the Initial Purchasers may reasonably request. 
  
 (e) The Company intends to apply the net proceeds from the sale of the Securities as set forth under “Use of
Proceeds” in the Final Memorandum. 
  
 (f) For so long as any
of the Securities remain outstanding, the Company will furnish to the Initial Purchasers copies of all reports and other communications (financial or otherwise) furnished by the Company to the Trustee or to the holders of the Securities and, as soon
as available, copies of any reports or financial statements furnished to or filed by the Company with the Commission or any national securities exchange on which the Securities may be listed, unless otherwise publicly available through the EDGAR
system of the Commission. 
  
 (g) Prior to the Closing Date, the
Company will furnish to the Initial Purchasers, as soon as they have been prepared, a copy of any unaudited interim financial statements of the Company for any period subsequent to the period covered by the most recent financial statements appearing
in the Final Memorandum. 
  
 (h) None of the Company or any of its
Affiliates will sell, offer for sale or solicit offers to buy or otherwise negotiate in respect of any “security” (as defined in the Securities Act) that could be integrated with the sale of the Securities in a manner which would require
the registration under the Securities Act of the Securities. 
  
 (i) No offering, sale, short sale or other disposition of any shares of Common Stock or other securities convertible into or exchangeable or exercisable for shares of Common Stock or derivative of Common Stock (or agreement for such) will
be made for a period of 90 days after the date of this Agreement, directly or indirectly, by the Company otherwise than hereunder, upon the terms set forth in the Final Memorandum, upon exercise or conversion of options or warrants outstanding on
the Closing Date, options issued (and the exercise of such options) pursuant to the Company’s equity incentive plan, to holders of pre-petition claims pursuant to the Joint Plan of Reorganization confirmed as of May 5, 2004 or with the prior
written consent of the Initial Purchasers. The Company will not file a registration statement under the Securities Act in connection with any transaction by the Company or any person that is 

  

 14 

 
prohibited pursuant to the foregoing, except for (i) the Company’s filing of registration statements pursuant to the Registration Rights Agreement, (ii)
registration statements on Form S-8 relating to employee benefit plans or on Form S-4 relating to corporate reorganizations or other transactions under Rule 145 and (iii) registration statements on Form S-3 or S-4 relating to the Exchange Offer with
respect to the Note or Senior Notes. 
  
 (j) The Company shall
have caused each officer and director of the Company under the caption “Management” in the Final Memorandum and the person specified on Schedule III hereto to furnish to you, on or prior to the Closing Date, a “lock-up”
letter or letters, in substantially the form of Exhibit A hereto (“Lock-up Agreements”). 
  
 (k) The Company will not, and will not permit any of the Subsidiaries to, engage in any form of general solicitation or general advertising (as those
terms are used in Regulation D under the Securities Act) in connection with the offering of the Notes or in any manner involving a public offering within the meaning of Section 4(2) of the Securities Act. 
  
 (l) Except as contemplated by the Registration Rights Agreement, neither the
Company, nor any of its Affiliates, nor any person acting on its behalf will, directly or indirectly, make offers or sales of any security, or solicit offers to buy any security, under circumstances that would require the registration of the
Securities or the Underlying Securities issuable upon conversion thereof under the Securities Act. 
  
 (m) For so long as any of the Notes remain outstanding, the Company will make available at its expense, upon request, to any holder of such Securities and
any prospective purchasers thereof the information specified in Rule 144A(d)(4) under the Securities Act, unless the Company is then subject to Section 13 or 15(d) of the Exchange Act. 
  
 (n) The Company will use its reasonable best efforts to (i) permit the Securities to be designated as PORTAL-eligible
securities in accordance with the rules and regulations adopted by the NASD relating to trading in the NASD’s Portal Market (the “Portal Market”) and (ii) permit the Securities to be eligible for clearance and settlement
through The Depository Trust Company. 
  
 (o) In connection with
Securities offered and sold in an off shore transaction (as defined in Regulation S) the Company will not register any transfer of such Securities not made in accordance with the provisions of Regulation S and will not, except in accordance with the
provisions of Regulation S, if applicable, issue any such Securities in the form of definitive securities. 
  
 (p) For a period of two years (calculated in accordance with paragraphs (d) of Rule 144 under the Act) following the date any Securities are acquired from
the Company or any of its Affiliates, none of the Company or any of its Affiliates will sell any such Securities if such Securities would constitute restricted securities under Rule 144 following resale of any of them. 
  

 15 

	 	6.	COSTS AND EXPENSES. 

  
 The Company agrees to pay all costs and expenses incident to the performance of its obligations under this Agreement, whether or not the transactions
contemplated herein are consummated or this Agreement is terminated pursuant to Section 11 hereof, including all costs and expenses incident to (i) the printing, word processing or other production of documents with respect to the transactions
contemplated hereby, including any costs of printing the Final Memorandum and any amendment or supplement thereto, and any “Blue Sky” memoranda, (ii) all arrangements relating to the delivery to the Initial Purchasers of copies of the
foregoing documents, (iii) the fees and disbursements of the counsel, the accountants and any other experts or advisors retained by the Company, (iv) preparation (including printing), issuance and delivery to the Initial Purchasers of any
certificates evidencing the Securities, (v) the qualification of the Securities under state securities and “Blue Sky” laws, including filing fees and reasonable fees and disbursements of counsel for the Initial Purchasers relating thereto
not to exceed $5,000 in the aggregate, (vi) expenses in connection with the “roadshow” and any other meetings with prospective investors in the Securities, except all aircraft related costs and expenses will be divided evenly between the
Company and the Initial Purchasers, (vii) fees and expenses of the Trustee including fees and expenses of counsel for the Trustee, (viii) all expenses and listing fees incurred in connection with the application for quotation of the Securities on
The Portal Market and (ix) any fees charged by investment rating agencies for the rating of the Securities. If the sale of the Securities provided for herein is not consummated because any condition to the obligations of the Initial Purchasers set
forth in Section 7 hereof is not satisfied, because this Agreement is terminated or because of any failure, refusal or inability on the part of the Company to perform all obligations and satisfy all conditions on their part to be performed or
satisfied hereunder (other than solely by reason of a default by the Initial Purchasers of its obligations hereunder after all conditions hereunder have been satisfied in accordance herewith), the Company agrees to promptly reimburse the Initial
Purchasers upon demand for all reasonable and documented out-of-pocket expenses (including fees, disbursements and charges of Cahill Gordon & Reindel LLP, counsel for the Initial Purchasers) that shall have been incurred by the Initial
Purchasers in connection with the proposed purchase and sale of the Securities. 
  

	 	7.	CONDITIONS OF OBLIGATIONS OF THE INITIAL PURCHASERS. 

  
 The obligation of the Initial Purchasers to purchase the Firm Securities on the Closing Date and the Option Securities, if any, on the Option Closing Date
is subject to the accuracy, as of the Closing Date or the Option Closing Date, as the case may be, of the representations and warranties of the Company contained herein, and to the performance by the Company of its covenants and obligations
hereunder and to the following additional conditions: 
  
 (a) On
the Closing Date or the Option Closing Date, as the case may be, the Initial Purchasers shall have received the opinion, dated as of the Closing Date or the Option Closing Date, as the case may be, and addressed to the Initial Purchasers, of:

  
 (i) Kirkland & Ellis LLP, counsel for the
Company, substantially in the form of Exhibit B hereto. In rendering such opinion, Kirkland & Ellis LLP shall have received and may rely upon such certificates and other documents and information as it may reasonably request to pass upon such
matters. 
  

 16 

 (ii) Stuart Kupinsky, Esq., Executive Vice President, General Counsel and Secretary for
the Company, substantially in the form of Exhibit C hereto. In rendering such opinion, Stuart Kupinsky shall have received and may rely upon such certificates and other documents and information as he may reasonably request to pass upon such matters

  
 (b) On the Closing Date or the Option Closing Date, as the
case may be, the Initial Purchasers shall have received the opinion, in form and substance reasonably satisfactory to the Initial Purchasers, dated as of the Closing Date or the Option Closing Date, as the case may be and addressed to the Initial
Purchasers, of Cahill Gordon & Reindel LLP, counsel for the Initial Purchasers, with respect to certain legal matters relating to this Agreement and such other related matters as the Initial Purchasers may reasonably require. In rendering such
opinion, Cahill Gordon & Reindel LLP shall have received and may rely upon such certificates and other documents and information as it may reasonably request to pass upon such matters. 
  
 (c) The Initial Purchasers shall have received from the Independent
Accountants a comfort letter or letters dated the date hereof and the Closing Date and, if applicable, the Option Closing Date, in form and substance reasonably satisfactory to counsel for the Initial Purchasers. 
  
 (d) The representations and warranties of the Company contained in this
Agreement shall be true and correct in all material respects (except for those representations and warranties that are qualified by materiality or Material Adverse Effect, which shall be true and correct in all respects) on and as of the date hereof
and on and as of the Closing Date or the Option Closing Date, as the case may be, as if made on and as of the Closing Date or the Option Closing Date, as the case may be; the statements of the Company’s officers made pursuant to any certificate
delivered in accordance with the provisions hereof shall be true and correct on and as of the date made and on and as of the Closing Date or the Option Closing Date, as the case may be; the Company shall have performed in all material respects all
covenants and agreements and satisfied all conditions on its part to be performed or satisfied hereunder at or prior to the Closing Date or the Option Closing Date, as the case may be; and, except as described in the Final Memorandum (exclusive of
any amendment or supplement thereto after the date hereof), subsequent to the date of the most recent financial statements in such Final Memorandum, there shall have been no event or development, and no information shall have become known, that,
individually or in the aggregate, has or would reasonably be expected to have a Material Adverse Effect. 
  
 (e) The sale of the Securities hereunder shall not be enjoined (temporarily or permanently) on the Closing Date and, if applicable, the Option Closing
Date. 
  
 (f) Subsequent to the date of the most recent financial
statements in the Final Memorandum (exclusive of any amendment or supplement thereto after the date hereof), none of the Company or any of the Subsidiaries shall have sustained any loss or interference with respect to its business or properties from
fire, flood, hurricane, accident or other calamity, whether or not covered by insurance, or from any strike, labor dispute, 

  

 17 

 
slowdown or work stoppage or from any legal or governmental proceeding, order or decree, which loss or interference, individually or in the aggregate, has or
would be reasonably be expected to have a Material Adverse Effect. 
  
 (g) The Initial Purchasers shall have received a certificate of the Company, dated the Closing Date and, if applicable, the Option Closing Date, signed on behalf of the Company by its Chairman of the Board, President or any Senior Vice
President and the Chief Financial Officer, to the effect that 
  
 (i) the representations and warranties of the Company contained in this Agreement are true and correct in all material respects (except for those representations and warranties that are qualified by materiality or
Material Adverse Effect, which shall be true and correct in all respects) on and as of the date hereof and on and as of the Closing Date, and the Company has performed all covenants and agreements and satisfied in all material respects all
conditions on its part to be performed in all material respects or satisfied hereunder at or prior to the Closing Date or the Option Closing Date, as the case may be; 
  
 (ii) at the Closing Date and, if applicable, the Option Closing Date, since the date hereof or since the
date of the most recent financial statements in the Final Memorandum (exclusive of any amendment or supplement thereto after the date hereof), no event or development has occurred, and no information has become known, that, individually or in the
aggregate, has or would reasonably be expected to have a Material Adverse Effect; and 
  
 (iii) the sale of the Securities hereunder has not been enjoined (temporarily or permanently). 
  
 (h) The Nasdaq National Market shall not have objected to the listing of the
Underlying Securities issuable upon conversion of the Securities on the Nasdaq National Market and the Securities shall have been designated as Portal-eligible securities. 
  
 (i) On the Closing Date, the Initial Purchasers shall have received the Registration Rights Agreement and the Indenture
executed by the Company and such agreements shall be in full force and effect at all times from and after the Closing Date. 
  
 (j) The Lock-up Agreements described in Section 5(j) shall be in full force and effect. 
  
 On or before the Closing Date, the Initial Purchasers and counsel for the Initial Purchasers shall have received such
further documents, opinions, certificates, letters and schedules or instruments relating to the business, corporate, legal and financial affairs of the Company and the Subsidiaries as they shall have heretofore reasonably requested from the Company.

  
 All such documents, opinions, certificates, letters, schedules
or instruments delivered pursuant to this Agreement will comply with the provisions hereof only if they are reasonably satisfactory in all material respects to the Initial Purchasers and counsel for the Initial 

  

 18 

 
Purchasers. The Company shall furnish to the Initial Purchasers such conformed copies of such documents, opinions, certificates, letters, schedules and
instruments in such quantities as the Initial Purchasers shall reasonably request. 
  

	 	8.	OFFERING OF NOTES; RESTRICTIONS ON TRANSFER. 

  
 Each of the Initial Purchaser represents that it is an “accreditor investor” within the meaning of Regulation D under the Act and a
“QIB” within the meaning of Rule 144A under the Securities Acts. Each of the Initial Purchasers agrees with the Company (as to itself only) that (i) it has not and will not solicit offers for, or offer or sell, the Securities by any form
of general solicitation or general advertising (as those terms are used in Regulation D under the Securities Act) or in any manner involving a public offering within the meaning of Section 4(2) of the Securities Act; and (ii) it has and will solicit
offers for the Securities only from, and will offer the Securities only to (A) in the case of offers inside the United States, persons whom the Initial Purchasers reasonably believe to be QIBs or, if any such person is buying for one or more
institutional accounts for which such person is acting as fiduciary or agent, only when such person has represented to the Initial Purchasers that each such account is a QIB, to whom notice has been given that such sale or delivery is being made in
reliance on Rule 144A, and, in each case, in transactions under Rule 144A and (B) in the case of offers outside the United States, to persons other than U.S. persons (“non-U.S. purchasers,” which term shall include dealers or other
professional fiduciaries in the United States acting on a discretionary basis for non-U.S. beneficial owners (other than an estate or trust)); provided, however, that, in the case of this clause (B), in purchasing such Securities such
persons are deemed to have represented and agreed as provided under the caption “Notice to Investors” contained in the Final Memorandum (or, if the Final Memorandum is not in existence, in the most recent Memorandum). 
  

	 	9.	INDEMNIFICATION AND CONTRIBUTION. 

  
 (a) The Company agrees to indemnify and hold harmless each Initial Purchaser and each person, if any, who controls any Initial Purchaser within the
meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act against any losses, claims, damages or liabilities to which any Initial Purchaser or such controlling person 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 the following: 
  
 (i) any untrue statement or alleged untrue statement of any material fact contained in any Memorandum or any amendment or supplement
thereto; or 
  
 (ii) the omission or alleged
omission to state, in any Memorandum or any amendment or supplement thereto, a material fact required to be stated therein or necessary to make the statements therein not misleading; 
  
 and will reimburse, as incurred, the Initial Purchasers and each such controlling person for any legal or other expenses incurred by the
Initial Purchasers or such controlling person 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, the

  

 19 

 
Company will not 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 Memorandum or any amendment or supplement thereto in reliance upon and in conformity with written information concerning such Initial Purchasers furnished to the Company by or
on behalf of the Initial Purchasers specifically for use therein. The indemnity provided for in this Section 9 will be in addition to any liability that the Company may otherwise have to the indemnified parties. The Company shall not be liable under
this Section 9 for any settlement of any claim or action effected without its prior written consent, which shall not be unreasonably withheld. 
  
 (b) Each Initial Purchaser, severally and not jointly, agrees to indemnify and hold harmless the Company, its directors, its officers, employees and
affiliates and each person, if any, who controls the Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act against any losses, claims, damages or liabilities to which the Company or any such director,
officer or controlling person may become subject under the Securities 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 Memorandum or any amendment or supplement thereto, or (ii) the omission or the alleged omission to state therein a material fact required to be stated in any Memorandum or any
amendment or supplement thereto, or 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 Initial Purchaser furnished to the Company by or on behalf of the Initial Purchasers specifically for use therein; and subject to the limitation set forth immediately preceding
this clause, will reimburse, as incurred, any legal or other expenses incurred by the Company 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 9 will be in addition to any liability that the Initial Purchasers may otherwise have to the indemnified parties. The
Initial Purchasers shall not be liable under this Section 9 for any settlement of any claim or action effected without their consent, which shall not be unreasonably withheld. 
  
 (c) Promptly after receipt by an indemnified party under this Section 9 of notice of the commencement of any action for
which such indemnified party is entitled to indemnification under this Section 9, such indemnified party will, if a claim in respect thereof is to be made against the indemnifying party under this Section 9, 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 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. In case any
such action is brought against any indemnified party, and it notifies the indemnifying party of the commencement thereof, the indemnifying party will be entitled to participate therein and, to the extent that it may wish, jointly with any other
indemnifying party similarly notified, to assume the defense thereof, with counsel reasonably satisfactory to such indemnified party; provided, however, that if (i) the use of counsel chosen by the indemnifying 

  

 20 

 
party to represent the indemnified party would present such counsel with a conflict of interest, (ii) the defendants in any such action include both the
indemnified party and the indemnifying party and the indemnified party shall have been advised by counsel that there may be one or more legal defenses available to it and/or other indemnified parties that are different from or additional to those
available to the indemnifying party or (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 receipt by the indemnifying party
of notice of the institution of such action, then, in each such case, the indemnifying party shall not have the right to direct the defense of such action on behalf of such indemnified party or parties and such indemnified party or parties shall
have the right to select separate counsel to defend such action on behalf of such indemnified party or parties. 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 9 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 proviso to the immediately preceding sentence (it being understood, however, that
in connection with such action the indemnifying party shall not be liable for the expenses of more than one separate counsel (in addition to local counsel) in any one action or separate but substantially similar actions in the same jurisdiction
arising out of the same general allegations or circumstances, designated by the Initial Purchasers in the case of paragraph (a) of this Section 9 or the Company in the case of paragraph (b) of this Section 9, representing the indemnified parties
under such paragraph (a) or paragraph (b), as the case may be, who are parties to such action or actions) or (ii) the indemnifying party has authorized in writing the employment of counsel for the indemnified party at the expense of the indemnifying
party. All fees and expenses reimbursed pursuant to this paragraph (c) shall be reimbursed as they are incurred. 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 9, in which case the indemnified party may effect such a settlement without such consent. No indemnifying party shall, without the prior written consent of the indemnified party, effect any settlement or compromise of any pending
or threatened proceeding in respect of which any indemnified party is or could have been a party, or indemnity could have been sought hereunder by any indemnified party, unless such settlement (A) includes an unconditional written release of the
indemnified party, in form and substance reasonably satisfactory to the indemnified party, 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 any indemnified party. 
  
 (d)
In circumstances in which the indemnity agreement provided for in the preceding paragraphs of this Section 9 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), 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 

  

 21 

 
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 on the one hand and any Initial Purchaser on the other shall be deemed to be in the same proportion as the
total proceeds from the offering (before deducting expenses) received by the Company bear to the total discounts and commissions received by such Initial Purchaser. 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 on the one hand, or such Initial Purchaser 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 Company
and the Initial Purchasers 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 (d). Notwithstanding any other provision of this paragraph (d), no Initial Purchasers shall be obligated to make contributions hereunder that in the aggregate exceed the total discounts,
commissions and other compensation received by such Initial Purchaser under this Agreement, less the aggregate amount of any damages that such Initial Purchaser 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 Securities 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 an Initial Purchaser within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act shall have the same rights to
contribution as the Initial Purchasers, and each director of the Company, each officer, employee or affiliate of the Company and each person, if any, who controls the Company within the meaning of Section 15 of the Securities Act or Section 20 of
the Exchange Act, shall have the same rights to contribution as the Company. 
  

	 	10.	SURVIVAL CLAUSE. 

  
 The respective representations, warranties, agreements, covenants, indemnities and other statements of the Company, its officers and the Initial
Purchasers set forth in this Agreement or made by or on behalf of them pursuant to this Agreement shall remain in full force and effect, regardless of (i) any investigation made by or on behalf of the Company, any of its officers or directors, the
Initial Purchasers or any controlling person referred to in Section 9 hereof and (ii) delivery of and payment for the Securities. The respective agreements, covenants, indemnities and other statements set forth in Sections 6, 9, 10 and 15 hereof
shall remain in full force and effect, regardless of any termination or cancellation of this Agreement. 
  

 22 

	 	11.	TERMINATION. 

  
 (a) This Agreement may be terminated in the sole discretion of the Initial Purchasers by notice to the Company given prior to the Closing Date in the
event that the Company shall have failed, refused or been unable to perform all obligations and satisfy all conditions on its part to be performed or satisfied hereunder at or prior thereto or, if at or prior to the Closing Date, 
  
 (i) any of the Company or the Subsidiaries shall have
sustained any loss or interference with respect to its businesses or properties from fire, flood, hurricane, accident or other calamity, whether or not covered by insurance, or from any strike, labor dispute, slow down or work stoppage or any legal
or governmental proceeding, which loss or interference, in the reasonable judgment of the Initial Purchasers, has had or has a Material Adverse Effect, or there shall have been, in the reasonable judgment of the Initial Purchasers, any event or
development that, individually or in the aggregate, has or would reasonably be likely to have a Material Adverse Effect (including without limitation a change in control of the Company), except in each case as described in the Final Memorandum
(exclusive of any amendment or supplement thereto); 
  
 (ii) trading in securities of the Company or in securities generally on the New York Stock Exchange, American Stock Exchange or the NASDAQ National Market shall have been suspended or materially limited or minimum or maximum prices shall
have been established on any such exchange or market; 
  
 (iii) a banking moratorium shall have been declared by New York or United States authorities or a material disruption in commercial banking or securities settlement or clearance services in the United States; 
  
 (iv) there shall have been (A) an outbreak or escalation of
hostilities between the United States and any foreign power, or (B) an outbreak or escalation of any other insurrection or armed conflict involving the United States or any other national or international calamity or emergency, or (C) any material
change in the financial markets of the United States which, in the case of (A), (B) or (C) above and in the reasonable judgment of the Initial Purchasers, makes it impracticable or inadvisable to proceed with the offering or the delivery of the
Notes as contemplated by the Final Memorandum; or 
  
 (v) any securities of the Company shall have been downgraded by any nationally recognized statistical rating organization or any such organization shall have publicly announced that it has under surveillance or review, or has changed its
outlook with respect to, its ratings of any securities of the Company (other than an announcement with positive implications of a possible upgrading). 
  
 (b) Termination of this Agreement pursuant to this Section 11 shall be without liability of any party to any other party except as provided in Section 10
hereof. 
  

	 	12.	INFORMATION SUPPLIED BY THE INITIAL PURCHASERS. 

  
 The statements set forth in the last paragraph on the front cover page, first sentence of the seventh paragraph and in the third and fourth sentence of
the tenth paragraph under the heading “Private Placement” in the Final Memorandum (to the extent such statements 

  

 23 

 
relate to the Initial Purchasers) constitute the only information furnished by the Initial Purchasers to the Company for the purposes of Sections 2(a) and 9
hereof. 
  

	 	13.	NOTICES. 

  
 All communications hereunder shall be in writing and, if sent to the Initial Purchasers, shall be mailed or delivered to (i) Deutsche Bank Securities
Inc., 60 Wall Street, New York, New York 10005, Attention: Corporate Finance Department, with a copy to Cahill Gordon & Reindel LLP, 80 Pine Street, New York, New York 10005, Attention: John A. Tripodoro; and (ii) if sent to the Company, shall
be mailed or delivered to the Company at Exide Technologies, Office of the General Counsel, 13000 Deerfield Parkway, Building 200, Alpharetta, Georgia 30004, Attention: Stuart Kupinsky, with a copy to Kirkland & Ellis LLP, Aon Center, 200 E.
Randolph Dr., Chicago, IL 60601, Attention: Carter W. Emerson, P.C. 
  
 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 guaranteeing overnight delivery; and when receipt is acknowledged by the addressee, if telecopied. 
  

	 	14.	SUCCESSORS. 

  
 This Agreement shall inure to the benefit of and be binding upon the Initial Purchasers the Company and their respective successors and legal
representatives, and nothing expressed or mentioned in this Agreement is intended or shall be construed to give any other person any legal or equitable right, remedy or claim under or in respect of this Agreement, or any provisions herein contained;
this Agreement and all conditions and provisions hereof being intended to be and being for the sole and exclusive benefit of such persons and for the benefit of no other person except that (i) the indemnities of the Company contained in Section 9 of
this Agreement shall also be for the benefit of any person or persons who control the Initial Purchasers within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act and (ii) the indemnities of the Initial Purchasers
contained in Section 9 of this Agreement shall also be for the benefit of the directors of the Company, its officers, employees and affiliates and any person or persons who control the Company within the meaning of Section 15 of the Securities Act
or Section 20 of the Exchange Act. No purchaser of Notes from the Initial Purchasers will be deemed a successor because of such purchase. 
  

	 	15.	APPLICABLE LAW. 

  
 THE VALIDITY AND INTERPRETATION OF THIS AGREEMENT, AND THE TERMS AND CONDITIONS SET FORTH HEREIN SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE
LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS MADE AND TO BE PERFORMED WHOLLY THEREIN, WITHOUT GIVING EFFECT TO ANY PROVISIONS THEREOF RELATING TO CONFLICTS OF LAW. 
  

 24 

	 	16.	COUNTERPARTS. 

  
 This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and
the same instrument. 
  

	 	17.	GENERAL PROVISIONS. 

  
 This Agreement constitutes the entire agreement of the parties to this Agreement and supersedes all prior written or oral and all contemporaneous oral
agreements, understandings and negotiations with respect to the subject matter hereof. This Agreement may not be amended or modified unless in writing by all of the parties hereto, and no condition herein (express or implied) may be waived unless
waived in writing by each party whom the condition is meant to benefit. 
  

 25 

  
 If the foregoing correctly
sets forth our understanding, please indicate your acceptance thereof in the space provided below for that purpose, whereupon this letter shall constitute a binding agreement between the Company and the Initial Purchasers. 
  

			
	 Very truly yours,

	
	 EXIDE TECHNOLOGIES

		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 

  

			
	The foregoing Agreement is hereby confirmed and accepted as of the date first above written.
	
	 DEUTSCHE BANK SECURITIES INC.

		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 
		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 

  

 26 

			
	 CREDIT SUISSE FIRST BOSTON LLC

		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 

  

 27 

  
 SCHEDULE I 

 
 List of Subsidiaries 
  

				
	 Initial Purchasers

	  	Principal Amount
of Firm Securities
to be Purchased

	 Deutsche Bank Securities Inc.
	  	$	48,000,000
	 Credit Suisse First Boston LLC
	  	 	12,000,000
	 	  	
	

	 Total
	  	$	60,000,000

  

  
 SCHEDULE II 

 
 List of Specified Parties to Execute Lock-up Agreements 
  
 Gordon A. Ulsh 
  

 II-1 

  
 Exhibit A 

 
 [FORM OF LOCK-UP AGREEMENT] 
  
 March [    ], 2005 
  
 Deutsche Bank Securities Inc. 
 60 Wall Street 
 New York, NY 10005 
  

Ladies and Gentlemen: 
  
 The undersigned understands that Deutsche Bank Securities Inc. and Credit Suisse First Boston LLC (collectively, the “Initial Purchaser”)
proposes to enter into a Purchase Agreement (the “Purchase Agreement”) with Exide Technologies, a Delaware corporation (the “Company”), providing for the offering (the “Offering”) by the Initial
Purchaser of securities convertible into shares of common stock, par value $0.01, of the Company (the “Common Stock”). 
  
 To induce the Initial Purchaser that will participate in any such Offering to continue its efforts in connection with such Offering, the undersigned
hereby agrees that, without the prior written consent of the Initial Purchaser, it will not, during the period commencing on the date hereof and ending 90 days after the date of the final offering memorandum relating to such Offering (the
“Final Memorandum”), (1) offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option to sell or contract to sell, grant any option, right or warrant to purchase, lend or otherwise transfer or
dispose of, directly or indirectly, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for Common Stock, or (2) enter into any swap or other arrangement that transfers to another, in whole or in part, any of
the economic consequences of ownership of the Common Stock, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of Common Stock or such other securities, in cash or otherwise. The foregoing sentence shall
not apply to transactions relating to shares of Common Stock or other securities acquired in open market transactions after the completion of the Offering. In addition, the undersigned agrees that, without the prior written consent of the Initial
Purchaser, it will not, during the period commencing on the date hereof and ending 90 days after the date of the Final Memorandum, make any demand for or exercise any right with respect to, the registration of any shares of Common Stock or any
security convertible into or exercisable or exchangeable for Common Stock. The undersigned also agrees and consents to the entry of stop transfer instructions with the Company’s transfer agent and registrar against the transfer of the
undersigned’s shares of Common Stock except in compliance with the foregoing restrictions. Notwithstanding the foregoing, the undersigned may transfer the undersigned’s Common Stock (i) as a bona fide gift or gifts, provided that the donee
or donees thereto agree to be bound in writing by the restrictions set forth herein or (ii) to any trust for the direct or indirect benefit of the undersigned or the immediate family of the undersigned, provided, further, that the trustee of such
trust agrees to be bound in writing by the restrictions set forth herein. For purposes of this Lock-Up Agreement, 

  

 A-1 

 
“immediate family” includes any relationship by blood, adoption or marriage, not more remote than first cousin. 
  
 The undersigned understands that the Company and the Initial Purchaser are
relying upon this Lock-up Agreement in proceeding toward consummation of the Offering. The undersigned further understands that this Lock-up Agreement is irrevocable and shall be binding upon the undersigned’s heirs, legal representatives,
successors and assigns. 
  
 Whether or not any Offering actually
occurs depends on a number of factors, including market conditions. Any Offering will only be made pursuant to the Purchase Agreement, the terms of which are subject to negotiation between the Company and the Initial Purchaser. 
  

	
	 Very truly yours,

	
	 
	 Name:

  

 A-2 

  
 Exhibit B 

 
 Opinion of Kirkland & Ellis LLP 
  

 B-1 

  
 Exhibit C 

 
 Opinion of Stuart Kupinsky 
  

 C-1

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