Document:

<Page>

                                                                     EXHIBIT 4.8

                    JOINDER TO REGISTRATION RIGHTS AGREEMENT

          This Joinder to Registration Rights Agreement (this "JOINDER") is made
and entered into this 28th day of September 2004 by and among AMF Bowling
Worldwide, Inc., a Delaware corporation (the "COMPANY"), AMF Bowling Products,
Inc., a Virginia corporation, AMF BCH LLC (formerly AMF Bowling Centers Holdings
Inc.), a Delaware corporation, AMF WBCH LLC (formerly AMF Worldwide Bowling
Centers Holdings Inc.), a Delaware corporation, American Recreation Centers,
Inc., a Virginia corporation, AMF Bowling Centers, Inc., a Virginia corporation,
AMF Beverage Company of Oregon, Inc., an Oregon corporation, King Louie Lenexa,
Inc., a Kansas corporation, 300, Inc., a Texas corporation, Bush River
Corporation, a South Carolina corporation, AMF Bowling Centers (Aust)
International Inc., a Virginia corporation, AMF Bowling Centers International
Inc., a Virginia corporation, AMF Bowling Mexico Holding, Inc., a Delaware
corporation, Boliches AMF, Inc., a Virginia corporation, as Guarantors (each an
"Existing Guarantor," and collectively, the "Existing Guarantors"), AMF Bowling
Centers Holdings Inc., a Delaware corporation, AMF Worldwide Bowling Centers
Holdings Inc., a Delaware corporation (each a "New Guarantor," and together, the
"New Guarantors") and Merrill Lynch, Pierce, Fenner & Smith, Incorporated and
Credit Suisse First Boston LLC (together, the "Initial Purchasers").

                               W I T N E S S E T H

          WHEREAS, the Company (as successor by merger to Kingpin Merger Sub,
Inc.) and the Existing Guarantors have heretofore executed and delivered a
Registration Rights Agreement (the "REGISTRATION RIGHTS AGREEMENT"), dated as of
February 27, 2004, providing for certain registration rights to holders of the
Company's 10% Senior Subordinated Notes due 2010 (the "NOTES");

          WHEREAS, on September 10, 2004, AMF Bowling Centers Holdings Inc. was
renamed AMF BCH Inc., and AMF Worldwide Bowling Centers Holdings Inc. was
renamed AMF WBCH Inc.;

          WHEREAS, on September 10, 2004, the Company formed AMF Bowling Centers
Holdings Inc., a Delaware corporation and a subsidiary of the Company, and AMF
Worldwide Bowling Centers Holdings Inc., a Delaware corporation and a subsidiary
of the Company;

          WHEREAS, on September 13, 2004, AMF BCH Inc. contributed all of the
capital stock of AMF Bowling Centers, Inc., AMF Beverage Company of Oregon,
Inc., Bush River Corporation, King Louie Lenexa, Inc. and 300, Inc. to AMF
Bowling Centers Holdings Inc., and AMF WBCH Inc. contributed all of the capital
stock of AMF Bowling Mexico Holdings, Inc., Boliches AMF, Inc. and AMF Bowling
Centers International Inc. to AMF Worldwide Bowling Centers Holdings Inc.;

          WHEREAS, on September 15, 2004, AMF BCH Inc. was converted to a
limited liability company under Delaware law and was renamed AMF BCH LLC, and on
September 14, 2004, AMF WBCH Inc. was converted to a limited liability company
under Delaware law and was renamed AMF WBCH LLC;

                                        1
<Page>

          WHEREAS, the Company desires to subject the New Guarantors to the
provisions of the Registration Rights Agreement in compliance with the
requirements for new Guarantors set forth in Section 1415(b) of the Indenture,
dated as of February 27, 2004 (the "Indenture") among the Company, the Existing
Guarantors and Wilmington Trust Company, as trustee, governing the Notes.

          NOW THEREFORE, the parties hereto agree as follows:

          1.   JOINDER. The parties hereto agree that, by and upon execution of
this Joinder, each New Guarantor (i) shall be a party to the Registration
Statement, (ii) shall be a "Guarantor" (as such term is defined in the
Indenture) and (iii) shall be subject to the duties and obligations and entitled
to the rights and benefits of a Guarantor thereunder, as fully as if such New
Guarantor had been an original signatory thereto in such capacity.

          2.   CONTINUING EFFECT.  Other than as modified in accordance with the
foregoing provisions, the remaining terms of the Registration Rights Agreement
remain in full force and effect.

          3.   GOVERNING LAW.  THIS JOINDER SHALL BE GOVERNED BY, AND CONSTRUED
IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO
THE CONFLICTS OF LAWS PRINCIPLES THEREOF.

          4.   COUNTERPARTS.  This Joinder may be executed in any number of
counterparts, each of which shall be deemed an original; but all such
counterparts shall together constitute but one and the same instrument.

          5.   EFFECT OF HEADINGS.  The Section headings herein are for
convenience only and shall not affect the construction hereof.

                                        2
<Page>

          IN WITNESS WHEREOF, the parties hereto have caused this Joinder to be
duly executed, all as of the day and year first above written.

                AMF BOWLING WORLDWIDE, INC.

                By:    /s/ CHRISTOPHER F. CAESAR
                    ------------------------------------------
                Name:  Christopher F. Caesar
                Title: Vice President, Chief Financial Officer, Treasurer and
                       Assistant Secretary

                AMF BOWLING PRODUCTS, INC.
                AMF BCH LLC
                AMF WBCH LLC
                AMERICAN RECREATION CENTERS, INC.
                AMF BOWLING CENTERS, INC.
                AMF BEVERAGE COMPANY OF OREGON
                KING LOUIE LENEXA, INC.
                BUSH RIVER CORPORATION
                AMF BOWLING CENTERS (AUST) INTERNATIONAL INC.
                AMF BOWLING CENTERS INTERNATIONAL INC.
                AMF BOWLING MEXICO HOLDING, INC.
                BOLICHES AMF, INC.

                By:    /s/ CHRISTOPHER F. CAESAR
                    ------------------------------------------
                Name:  Christopher F. Caesar
                Title: acting in the capacities identified on APPENDIX I hereto
                       with respect to each of the Existing Guarantors

                300, INC.

                By:    /s/ WILLIAM D. DUFOUR
                    ------------------------------------------
                Name:  William C. Dufour
                Title: President

<Page>

                AMF BOWLING CENTERS HOLDINGS INC.
                AMF WORLDWIDE BOWLING CENTERS HOLDINGS INC.

                By:    /s/ CHRISTOPHER F. CAESAR
                    ------------------------------------------
                Name:  Christopher F. Caesar
                Title: acting in the capacities identified on APPENDIX I hereto
                       with respect to each of the New Guarantors

<Page>

CONFIRMED AND ACCEPTED,
     as of the date first above written

MERRILL LYNCH, PIERCE, FENNER & SMITH
             INCORPORATED
CREDIT SUISSE FIRST BOSTON, acting through
its Cayman Islands Branch

By: MERRILL LYNCH, PIERCE, FENNER & SMITH
                INCORPORATED

By:    /s/ THOMAS S. HALL
    ----------------------------------------
Name:  Thomas S. Hall
Title: Vice President

By:    /s/ VANESSA GOMEZ
    ----------------------------------------
Name:  Vanessa Gomez
Title: Associate

<Page>

                                   APPENDIX I

<Table>
<Caption>
              EXISTING GUARANTOR                       POSITION OF CHRISTOPHER F. CAESAR
---------------------------------------------------------------------------------------------
<S>                                               <C>
AMF Bowling Products, Inc.                        Vice President, Chief Financial Officer,
                                                  Treasurer and Assistant Secretary

AMF BCH LLC                                       Vice President, Chief Financial Officer,
                                                  Treasurer and Assistant Secretary

AMF WBCH LLC                                      Vice President, Chief Financial Officer,
                                                  Treasurer and Assistant Secretary

American Recreation Centers, Inc.                 Vice President, Chief Financial Officer,
                                                  Treasurer and Assistant Secretary

AMF Bowling Centers, Inc.                         Vice President, Chief Financial Officer,
                                                  Treasurer and Assistant Secretary

AMF Beverage Company of Oregon, Inc.              Vice President, Chief Financial Officer,
                                                  Treasurer and Assistant Secretary

King Louie Lenexa, Inc.                           Vice President, Chief Financial Officer,
                                                  Treasurer and Assistant Secretary

Bush River Corporation                            Vice President, Chief Financial Officer,
                                                  Treasurer and Assistant Secretary

AMF Bowling Centers (Aust) International Inc.     Vice President, Chief Financial Officer,
                                                  Treasurer and Assistant Secretary

AMF Bowling Centers International Inc.            Vice President, Chief Financial Officer,
                                                  Treasurer and Assistant Secretary

AMF Bowling Mexico Holding, Inc.                  Vice President, Chief Financial Officer,
                                                  Treasurer and Assistant Secretary

Boliches AMF, Inc.                                Vice President, Chief Financial Officer,
                                                  Treasurer and Assistant Secretary
</Table>

<Table>
<Caption>
                NEW GUARANTORS                         POSITION OF CHRISTOPHER F. CAESAR
---------------------------------------------------------------------------------------------
<S>                                               <C>
AMF Bowling Centers Holdings Inc.                 President and Treasurer

AMF Worldwide Bowling Centers Holdings Inc.       President and Treasurer
</Table>QuickLinks
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Exhibit 10.16

[EXECUTION COPY]  

 
 

FIRST AMENDMENT TO CREDIT AGREEMENT    
    

        FIRST AMENDMENT dated as of September 20, 2004 (this "First Amendment") among KINGPIN INTERMEDIATE CORP., a Delaware
corporation ("Holdings"), AMF BOWLING WORLDWIDE, INC. (formerly Kingpin Merger Sub, Inc.), a Delaware corporation (the
"Borrower"), the Lenders signatory hereto and CREDIT SUISSE FIRST BOSTON, CAYMAN ISLANDS BRANCH, as Administrative Agent (in such capacity, the
"Administrative Agent"). 

        Holdings,
the Borrower, the banks and other lending institutions party thereto from time (each a "Lender" and, collectively, the
"Lenders"), the Administrative Agent and Merrill Lynch & Co., Merrill Lynch, Pierce, Fenner & Smith, as Syndication Agent and Documentation Agent, are
parties to a Credit Agreement dated as of February 27, 2004 (the "Credit Agreement"). Holdings and the Borrower have requested that the Lenders agree to certain
amendments to the Credit Agreement, and each of the Lenders signatory hereto (which Lenders collectively constitute the Required Lenders referred to in the Credit Agreement), have agreed, subject to
the terms and conditions set forth herein, to amend the Credit Agreement as herein provided. Accordingly, Holdings, the Borrower and the Lenders signatory hereto agree as follows: 

 
 

ARTICLE I
  DEFINITIONS    
    

        Section 1.01 Definitions.    Unless otherwise defined herein, capitalized terms defined in
the Credit Agreement have the same meanings when used in this First Amendment. The following additional terms, as used herein, have the following respective meanings: 

        "Consenting
Lender" means each Lender that consents to this First Amendment on or prior to September 24, 2004, as evidenced by the receipt by Fried,
Frank, Harris, Shriver & Jacobs LLP, counsel to the Administrative Agent, of an executed counterpart signature page to this First Amendment from such Lender prior to 5:00 P.M. (local
time in New York City) on September 24, 2004. 

        "First
Amendment Fee" has the meaning set forth in Section 4.01(e). 

 
 

ARTICLE II
  AMENDMENTS TO THE CREDIT AGREEMENT    
    

        Section 2.01 Amendments to Article I of the Credit Agreement.

	(a)
	The
following definitions are added to Section 1.01 of the Credit Agreement in the appropriate alphabetical order: 

        "AMF
Australia" means, collectively, (i) AMF Bowling Centers (Aust) International Inc., a Virginia corporation and indirect Wholly-Owned
Subsidiary of the Borrower (to be renamed AMF Bowling Centres Australia Pty. Ltd following its domestication under the laws of Australia in accordance with the requirements of the Virginia
Stock Corporation Act (Sections 13.1-722.2 et seq) and the Australian Corporations Act 2001), and (ii) AMF Catering Services
Pty. Ltd, a company organized under the laws of Australia and an indirect Wholly-Owned Subsidiary of the Borrower. 

        "AMF
Bowling UK Limited" means AMF Bowling UK Limited, a limited liability company organized under the laws of the United Kingdom and indirect Wholly-Owned
Subsidiary of the Borrower. 

        "AMF
France" means, collectively, AMF Bowling France SNC, AMF Bowling de Lyon La Part Dieu SNC and Societe Anonyme de Bowling de Montparnasse, each an
indirect Wholly-Owned Subsidiary of the Borrower. 

        "First
Amendment" means the First Amendment to Credit Agreement dated as of September 21, 2004. 

        "First
Amendment Effective Date" means the date of the satisfaction of the conditions precedent set forth in Article IV of the First Amendment. 

        "Special
Foreign Asset Disposition" means the sale, transfer or other disposition, in one or multiple transactions of, (i) each of the bowling centers
and other assets set forth on Schedule 2.01 attached hereto and made a part hereof, each of which was sold, transferred or otherwise disposed of as of the date set
forth thereon, and (ii) the stock of, or the assets owned by, (A) AMF Bowling UK Limited, (B) AMF France and (C) AMF Australia. 

	(b)
	The
definition of "Consolidated EBITDA" is hereby amended by deleting the second paragraph thereof.

	(c)
	The
definition of "Pro-Forma Basis" is hereby amended: (i) by amending clause (iv) of the second
sentence thereof to read: "any Asset Disposition referred to in Section 7.05(xvi) or (xvii)"; and (ii) by amending
clause (iii) of the third sentence thereof to read" "income statement items (whether positive or negative) and capital expenditures attributable to all property
acquired or disposed of in such transaction or to the Investment comprising such transaction, as applicable, shall be included or excluded as if such transaction has occurred as of the first day of
the relevant four-fiscal-quarter period,".

	(d)
	The
definition of "Foreign Asset Disposition" is hereby amended to read in full is follows: 

"Foreign
Asset Disposition" means an Asset Disposition where the relevant asset is (i) the stock or assets of a Foreign Subsidiary, (ii) one or more assets
of the Borrower or a Domestic Subsidiary which are located outside the United States or any territory thereof or (iii) any Special Foreign Asset Disposition. 

	(e)
	Section 1.03
of the Credit Agreement is hereby amended by adding the following as a new final sentence thereof: 

        "For
purposes of making all financial calculations to determine compliance for any period with Sections 7.14 and 7.17, all
components of such calculations shall be adjusted to include or exclude, as the case may be, without duplication, such components of such calculations attributable to any business or assets that have
been acquired by Holdings or any of its Subsidiaries (including through any Permitted Business Acquisition) or that have been sold pursuant to any Asset Disposition (including any Foreign Asset
Disposition) after the first day of the applicable period of determination and prior to the end of such period, in each case as determined in good faith by the Borrower on a Pro-Forma
Basis." 

        Section 2.02 Amendment to Article II of the Credit
Agreement.    Section 2.09(b)(v) of the Credit Agreement is hereby amended by inserting the following
sentence as a new second sentence: 

"Notwithstanding
anything to the contrary contained in this subsection (v), within five Business Days after receipt by any Group Company of proceeds from any Special
Foreign Asset Disposition, the Borrower shall prepay the Loans and/or Cash Collateralize or pay the LC Obligations in an aggregate Dollar Amount equal to 20% of the Net Cash Proceeds thereof." 

        Section 2.03 Amendment to Article VII of the Credit
Agreement.    Section 7.08(c) of the Credit Agreement is hereby amended by inserting the following sentence as a
new sentence: 

"Notwithstanding
anything to the contrary contained in this subsection (c), in connection with any of the Special Foreign Asset Dispositions, the Borrower may redeem,
purchase, prepay, retire, defease or otherwise acquire Senior Subordinated Notes for cash consideration that does not exceed 80% of the Net Cash Proceeds from one or more Special Foreign Asset
Dispositions if all such redemptions, purchases, prepayments, retirements, defeasances or other acquisitions of Senior Subordinated Notes and the payment of accrued interest and premium, if any,
associated therewith is completed prior to the date that is nine months after the closing date of the last Special Foreign Asset Disposition effected following the First Amendment Effective Date. 

 
 

ARTICLE III
  CONSENTS, ACKNOWLEDGEMENTS AND AGREEMENTS    
    

        Section 3.01 Consent to Certain Transactions.    Notwithstanding anything to the contrary in
the Credit Agreement, including, without limitation, Sections 7.05 and 7.06 thereof, the Lenders hereby agree and consent that in connection
with the consummation of the transaction or series of transactions which constitute the Special Foreign Asset Dispositions, the Borrower and its Domestic Subsidiaries may (i) contribute to AMF
Bowling UK Limited a promissory note in a face amount not exceeding £26,000,000 payable by AMF Bowling (or any successor thereto) in exchange for a promissory note with an equivalent face
amount payable by AMF Bowling or AMF Bowling UK Limited (or in each case, any successor thereto) and (ii) receive and hold a promissory note in an amount not exceeding $20,000,000 from AMF
Australia as an investment in AMF Australia, including after the sale, transfer or other disposition of AMF Australia. 

        Section 3.02 Acknowledgement.    Notwithstanding anything to the contrary in Credit
Agreement or this First Amendment, the Lenders hereby agree and acknowledge that each of the Special Foreign Asset Dispositions, including those portions of the Special Foreign Asset Dispositions
which have been consummated prior to the date hereof, including, without limitation, the dispositions set forth in clause (i) of the definition of Special Foreign
Asset Disposition referred to in Section 2.01(a) hereof, shall not constitute a use of the amount of assets permitted to be sold, leased, transferred, assigned or
otherwise disposed by Borrower or any of its Subsidiaries as set forth in Section 7.05(iv) of the Credit Agreement. 

        Section 3.03 Collateral Release Upon Australian Migration.    The Lenders hereby agree and
acknowledge that, upon the request of the Borrower, the Administrative Agent shall (or shall cause the Collateral Agent to) release any security interest in or Lien on any Collateral constituting
stock or assets of AMF Australia, effective upon or prior to its domestication under the laws of Australia in accordance with the requirements of the Virginia Stock Corporation Act (Sections
13.1-722.2 et seq) and the Australian Corporations Act 2001). Each of Holdings and the Borrower acknowledge and agree that if the stock or
assets of AMF Australia are not sold, transferred or otherwise disposed of, and the Net Cash Proceeds thereof applied as required by Section 2.09(b)(v) of
the Credit Agreement, as amended by this First Amendment, within 120 days (or such period as the Collateral Agent may reasonably agree to of any Collateral release contemplated by the preceding
sentence, they will cause AMF Australia promptly to execute an Accession Agreement and take all other actions contemplated by Section 6.10 of the Credit Agreement
without regard to the fact that AMF Australia may then be a Foreign Subsidiary. 

 
 

ARTICLE IV
  CONDITIONS TO EFFECTIVENESS    
    

        Section 4.01 Conditions to Effectiveness of this First Amendment.    This First Amendment,
and the amendments, waivers and consents contained herein, shall become effective as of the date hereof on the date (the "First Amendment Effective Date") when each of the
following conditions precedent have been fulfilled to the reasonable satisfaction of the Administrative Agent: 

	(a)
	Execution
and Delivery of this First Amendment. The Administrative Agent shall have received counterparts of this First Amendment duly executed by
Holdings, the Borrower and the Required Lenders.

	(b)
	Acknowledgement.
The Administrative Agent shall have received counterparts of an Acknowledgement and Agreement, substantially in the form of
Exhibit A hereto, duly executed by each of the Persons (other than Holdings and the Borrower) who are or are required by the Senior Finance Documents to be Credit
Parties.

	(c)
	Payment
of Fees. All costs, fees and expenses due to the Administrative Agent and the Lenders on or before the First Amendment Effective Date pursuant to
the Senior Finance Documents shall have been paid, including, without limitation, the First Amendment Fee.

	(d)
	Counsel
Fees. The Administrative Agent shall have received full payment from the Borrower of the fees and expenses of Fried, Frank, Harris,
Shriver & Jacobson LLP described in Section 6.05 of this First Amendment which are billed through the First Amendment Effective Date.

	(e)
	Fees
in Respect of the First Amendment. The Borrower shall pay to the Administrative Agent for the account of each Consenting Lender a fee (the
"First Amendment Fee") equal to 2.5 basis points on each such Consenting Lender's aggregate Domestic Revolving Commitment, Multi-Currency Revolving Commitment and Term B
Commitment, such First Amendment Fee to be due and payable on the second Business Day following First Amendment Effective Date.

	(f)
	Other.
The Administrative Agent shall have received such other documents, instruments, agreements or information as may be reasonably requested by the
Administrative Agent. 

        Section 4.02 General Conditions.    All corporate and legal proceedings and all instruments
and agreements relating to the transactions contemplated by this First Amendment or in any other document delivered in connection therewith shall be reasonably satisfactory in form and substance to
the Administrative Agent and its counsel, and the Administrative Agent shall have received all information and copies of all documents and papers, including records of corporate proceedings,
governmental approvals, good standing certificates and bring-down telegrams, if any, which the Administrative Agent or any Lender may reasonably have requested, such documents and papers
where appropriate to be certified by proper corporate or governmental authorities. The documents referred to in this Section shall be delivered to the Administrative Agent no later than the First
Amendment Effective Date. 

Section 4.03 Effects of this First Amendment. 

	(a)
	On
the First Amendment Effective Date, the Credit Agreement will be automatically amended to reflect the amendments thereto provided for in this First Amendment. On and after the
First Amendment Effective Date, the rights and obligations of the parties hereto shall be governed by the Credit Agreement, as amended by this First Amendment. Once the First Amendment Effective Date
has occurred, all references to the Credit Agreement in any document, instrument, agreement, or writing shall be deemed to refer to the Credit Agreement as amended by this First Amendment. Promptly
after the First Amendment Effective Date occurs, the Administrative Agent shall notify the Borrower and the Lenders of the First Amendment Effective Date, and such notice shall be conclusive and
binding on all parties hereto. 

	(b)
	Other
than as specifically provided herein, this First Amendment shall not operate as a waiver or amendment of any right, power or privilege of the Administrative Agent or any Lender
under the Credit Agreement or any other Senior Finance Document or of any other term or condition of the Credit Agreement or any other Senior Finance Document, nor shall the entering into of this
First Amendment preclude the Administrative Agent and/or any Lender from refusing to enter into any further waivers or amendments with respect thereto. This First Amendment is not intended by any of
the parties hereto to be interpreted as a course of dealing which would in any way impair the rights or remedies of the Administrative Agent or any Lender except as expressly stated herein, and no
Lender shall have any obligation to extend credit to the Borrower other than pursuant to the strict terms of the Credit Agreement and the other Senior Finance Documents, as amended or supplemented to
date (including by means of this First Amendment). 

 
 

ARTICLE V
  REPRESENTATIONS AND WARRANTIES    
    

        Section 5.01 Representations and Warranties.    In order to induce the Lenders to consent to
the amendments and waivers contained herein and to enter into this First Amendment, each of Holdings and the Borrower represents and warrants as set forth below: 

	(a)
	After
giving effect to this First Amendment, the amendment of the Credit Agreement does not impair the validity, effectiveness or priority of the Liens granted pursuant to the
Collateral Documents (other than those Liens that have been or will be terminated to effect the transactions contemplated hereby), and such Liens not so terminated continue unimpaired with the same
priority to secure repayment of all Senior Obligations, whether heretofore or hereafter incurred. The position of the Lenders with respect to such Liens, the Collateral in which a security interest
was granted pursuant to the Collateral Documents and the ability of the Administrative Agent to realize upon such Liens pursuant to the terms of the Collateral Documents have not been adversely
affected in any material respect by the amendment of the Credit Agreement effected pursuant to this First Amendment or by the execution, delivery, performance or effectiveness of this First Amendment.

	(b)
	Each
of Holdings and the Borrower reaffirms as of the First Amendment Effective Date its covenants and agreements contained in the Credit Agreement and each Collateral Document and
other Senior Finance Document to which it is a party, including, in each case, as such covenants and agreements may be modified by this First Amendment on the First Amendment Effective. Each of
Holdings and the Borrower further confirms that each such Senior Finance Document to which it is a party is, and shall continue to be, in full force and effect, and the same are hereby ratified,
approved and confirmed in all respects, except as the Credit Agreement may be modified by this First Amendment.

	(c)
	Both
immediately before and immediately after giving effect to this First Amendment, the representations and warranties set forth in Article V of
the Credit Agreement and each other Senior Finance Document are, in each case, true and correct in all material respects (unless stated to relate solely to an earlier date, in which case such
representations and warranties shall be true and correct in all material respects as of such earlier date).

	(d)
	This
First Amendment constitutes the legal, valid and binding obligation of each of Holdings and the Borrower enforceable in accordance with its terms, subject to the effects of
bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors' rights generally, general equitable principles (whether considered
in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing. 

	(e)
	The
parties signatory to the Acknowledgment and Agreement delivered pursuant to Section 4.01(b) of this First Amendment constitute all of the
Persons who (together with Holdings and the Borrower) are or are required under the terms of the Senior Finance Documents to be Credit Parties.

	(f)
	The
written statements and information contained in this First Amendment and the other documents, certificates and statements furnished to the Administrative Agent and the Lenders on
or prior to the First Amendment Effective Date by or on behalf of any Credit Party for use in connection with the transactions contemplated by this First Amendment, taken as a whole, do not, as of the
First Amendment Effective Date, contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements contained therein not materially misleading. 

 
 

ARTICLE VI
  MISCELLANEOUS    
    

        Section 6.01 Headings.    The various headings of this First Amendment are inserted for
convenience only and shall not affect the meaning or interpretation of this First Amendment or any provisions hereof. 

        Section 6.02 Execution in Counterparts.    This First Amendment may be executed by the
parties hereto in several counterparts, each of which shall be deemed to be an original and all of which shall constitute together but one and the same agreement. A counterpart hereof executed and
delivered by facsimile shall be effective as an original. 

        Section 6.03 Successors and Assigns.    This First Amendment shall be binding upon and inure
to the benefit of the parties hereto and their respective successors and assigns. 

        Section 6.04 Governing Law; Entire Agreement.    THIS FIRST AMENDMENT AND THE RIGHTS AND
OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF NEW YORK (INCLUDING WITHOUT LIMITATION SECTION
5-1401 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK), WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES. This First Amendment and the other Senior Finance Documents constitute the
entire understanding among the parties hereto with respect to the subject matter hereof and supersede any prior agreements, written or oral, with respect thereto. 

        Section 6.05 Fees and Expenses.    The Borrower agrees to pay all reasonable
out-ofpocket expenses incurred by the Administrative Agent in connection with the preparation, negotiation, execution, delivery and enforcement of this First Amendment and the other
documents and instruments referred to herein or contemplated hereby, including, but not limited to, the fees and disbursements of Fried, Frank, Harris, Shriver & Jacobson LLP, counsel to the
Administrative Agent. 

        Section 6.06 Senior Finance Document Pursuant to Credit Agreement.    This First Amendment
is a Senior Finance Document executed pursuant to the Credit Agreement and shall be construed, administered and applied in accordance with all of the terms and provisions of the Credit Agreement (and,
following the date hereof, the Credit Agreement, as amended hereby). 

        [Signature
Pages Follow] 

   
        IN WITNESS WHEREOF, the signatories hereto have caused this First Amendment to be executed by their respective officers thereunto duly authorized as of the day and year first above
written. 

	HOLDINGS:	 	KINGPIN INTERMEDIATE CORP.
	

 	
 	

By:	
 	

/s/  CHRISTOPHER F. CAESAR      
	 	 	 	 	
 Name: Christopher F. Caesar

Title: VP/CFO
	

BORROWER:	
 	

AMF BOWLING WORLDWIDE, INC
	

 	
 	

By:	
 	

/s/  CHRISTOPHER F. CAESAR      
	 	 	 	 	
 Name: Christopher F. Caesar

Title: SVP/CFO
	

ADMINISTRATIVE AGENT:	
 	

CREDIT SUISSE FIRST BOSTON, CAYMAN ISLANDS BRANCH,

as Administrative Agent
	

 	
 	

By:	
 	

/s/  THOMAS S. HALL      
	 	 	 	 	
 Name: Thomas S. Hall

Title: Vice President
	

 	
 	

By:	
 	

/s/  VANESSA GOMEZ      
	 	 	 	 	
 Name: Vanessa Gomez

Title: Associate

S-1

 
Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	LANDMARK CDO LIMITED
	

 	
 	

By:	
 	

Aladdin Capital Management, LLC, as Manager
	

 	
 	

By:	
 	

/s/  JOHN J. D'ANGELO      
	 	 	 	 	
 Name: John J. D'Angelo

Title: Authorized Signatory

S-2

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	LANDMARK II CDO LIMITED
	

 	
 	

By:	
 	

Aladdin Capital Management, LLC, as Manager
	

 	
 	

By:	
 	

/s/  JOHN J. D'ANGELO      
 Name: John J. D'Angelo

Title: Authorized Signatory

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	LANDMARK III CDO LIMITED
	

 	
 	

By:	
 	

Aladdin Capital Management, LLC, as Manager
	

 	
 	

By:	
 	

/s/  JOHN J. D'ANGELO      
 Name: John J. D'Angelo

Title: Authorized Signatory

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	BLUE SQUARE FUNDING LIMITED SERIES 3
	

 	
 	

By:	
 	

/s/  ALICE L. WAGNER      
 Name: Alice L. Wagner

Title: Vice President

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	CANYON CAPITAL CLO 2004-1 LTD
	

 	
 	

By:	
 	

Canyon Capital Advisors LLC, a Delaware limited liability company, its Collateral Manager
	

 	
 	

By:	
 	

/s/  R. CHRISTIAN B. EVENSEN      
 Name: R. Christian B. Evensen

Title: Managing Director

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	CSAM FUNDING I
	

 	
 	

By:	
 	

/s/  THOMAS FLANNERY      
 Name: Thomas Flannery

Title: Authorized Signatory

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	CSAM FUNDING II
	

 	
 	

By:	
 	

/s/  THOMAS FLANNERY      
 Name: Thomas Flannery

Title: Authorized Signatory

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	CSAM FUNDING IV
	

 	
 	

By:	
 	

/s/  THOMAS FLANNERY      
 Name: Thomas Flannery

Title: Authorized Signatory

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	BRYN MAWR CLO, LTD.
	

 	
 	

By:	
 	

Deerfield Capital Management LLC as its Collateral Manager
	

 	
 	

By:	
 	

/s/  SCOTT MORRISON      
 Name: Scott Morrison

Title: Vice President

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	FOREST CREEK CLO, LTD.
	

 	
 	

By:	
 	

Deerfield Capital Management LLC as its Collateral Manager
	

 	
 	

By:	
 	

/s/  SCOTT MORRISON      
 Name: Scott Morrison

Title: Vice President

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	LONG GROVE CLO, LIMITED
	

 	
 	

By:	
 	

Deerfield Capital Management LLC as its Collateral Manager
	

 	
 	

By:	
 	

/s/  SCOTT MORRISON      
 Name: Scott Morrison

Title: Vice President

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	ROSEMONT CLO, LTD.
	

 	
 	

By:	
 	

Deerfield Capital Management LLC as its Collateral Manager
	

 	
 	

By:	
 	

/s/  SCOTT MORRISON      
	 	 	 	 	
 Name: Scott Morrison

Title: Vice President

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	SEQUILS—CUMBERLAND I, LTD.
	

 	
 	

By:	
 	

Deerfield Capital Management LLC as its Collateral Manager
	

 	
 	

By:	
 	

/s/  SCOTT MORRISON      
	 	 	 	 	
 Name: Scott Morrison

Title: Vice President

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	SENIOR DEBT PORTFOLIO
	

 	
 	

By:	
 	

Boston Management and Research as Investment Advisor
	

 	
 	

By:	
 	

/s/  SCOTT H. PAGE      
	 	 	 	 	
 Name: Scott H. Page

Title: Vice President

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	CONSTANTINUS EATON VANCE CDO V, LTD.
	

 	
 	

By:	
 	

EATON VANCE MANAGEMENT AS INVESTMENT ADVISOR
	

 	
 	

By:	
 	

/s/  SCOTT H. PAGE      
	 	 	 	 	
 Name: Scott H. Page

Title: Vice President

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	EATON VANCE CDO III, LTD.
	

 	
 	

By:	
 	

EATON VANCE MANAGEMENT AS INVESTMENT ADVISOR
	

 	
 	

By:	
 	

/s/  SCOTT H. PAGE      
	 	 	 	 	
 Name: Scott H. Page

Title: Vice President

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	EATON VANCE CDO VI LTD.
	

 	
 	

By:	
 	

EATON VANCE MANAGEMENT AS INVESTMENT ADVISOR
	

 	
 	

By:	
 	

/s/  SCOTT H. PAGE      
	 	 	 	 	
 Name: Scott H. Page

Title: Vice President

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	EATON VANCE INSTITUTIONAL SENIOR LOAN FUND
	

 	
 	

By:	
 	

EATON VANCE MANAGEMENT AS INVESTMENT ADVISOR
	

 	
 	

By:	
 	

/s/  SCOTT H. PAGE      
	 	 	 	 	
 Name: Scott H. Page

Title: Vice President

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	EATON VANCE SENIOR FLOATING—DATE TRUST
	

 	
 	

By:	
 	

EATON VANCE MANAGEMENT AS INVESTMENT ADVISOR
	

 	
 	

By:	
 	

/s/  SCOTT H. PAGE      
	 	 	 	 	
 Name: Scott H. Page

Title: Vice President

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	EATON VANCE SENIOR INCOME TRUST
	

 	
 	

By:	
 	

EATON VANCE MANAGEMENT AS INVESTMENT ADVISOR
	

 	
 	

By:	
 	

/s/  SCOTT H. PAGE      
	 	 	 	 	
 Name: Scott H. Page

Title: Vice President

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	EATON VANCE LIMITED DURATION INCOME FUND
	

 	
 	

By:	
 	

EATON VANCE MANAGEMENT AS INVESTMENT ADVISOR
	

 	
 	

By:	
 	

/s/  SCOTT H. PAGE      
	 	 	 	 	
 Name: Scott H. Page

Title: Vice President

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	EATON VANCE

VT FLOATING-RATE INCOME FUND
	

 	
 	

By:	
 	

EATON VANCE MANAGEMENT AS INVESTMENT ADVISOR
	

 	
 	

By:	
 	

/s/  SCOTT H. PAGE      
 Name: Scott H. Page

Title: Vice President

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	GRAYSON & CO
	

 	
 	

By:	
 	

BOSTON MANAGEMENT AND RESEARCH AS INVESTMENT ADVISOR
	

 	
 	

By:	
 	

/s/  SCOTT H. PAGE      
 Name: Scott H. Page

Title: Vice President

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	GENERAL ELECTRIC CAPITAL CORPORATION
	

 	
 	

By:	
 	

/s/  MEI NISHIWAKI      
 Name: Mei Nishiwaki

Title: Duly Authorized Signatory

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	GLENEAGLES TRADING LLC
	

 	
 	

By:	
 	

/s/  DIANA M. HIMES      
 Name: Diana M. Himes

Title: Assistant Vice President

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	COLUMBIA FLOATING RATE LIMITED LIABILITY COMPANY
	

 	
 	

By:	
 	

Highland Capital Management, L.P., its Investment Advisor
	

 	
 	

By:	
 	

/s/  TODD TRAVERS      
 Name: Todd Travers

Title: Senior Portfolio Manager

Highland Capital Management, L.P.

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	ELF FUNDING TRUST I
	

 	
 	

By:	
 	

Highland Capital Management, L.P.

As Capital Manager
	

 	
 	

By:	
 	

/s/  TODD TRAVERS      
 Name: Todd Travers

Title: Senior Portfolio Manager

Highland Capital Management, L.P.

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	HIGHLAND LEGACY LIMITED
	

 	
 	

By:	
 	

Highland Capital Management, As Collateral Manager
	

 	
 	

By:	
 	

/s/  TODD TRAVERS      
 Name: Todd Travers

Title: Senior Portfolio Manager

Highland Capital Management, L.P.

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	HIGHLAND LOAN FUNDING V LTD.
	

 	
 	

By:	
 	

Highland Capital Management L.P.

As Collateral Manager
	

 	
 	

By:	
 	

/s/  TODD TRAVERS      
 Name: Todd Travers

Title: Senior Portfolio Manager

Highland Capital Management, L.P.

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	LOAN FUNDING IV, LLC
	

 	
 	

By:	
 	

Highland Capital Management, L.P.

As Portfolio Manager
	

 	
 	

By:	
 	

/s/  TODD TRAVERS      
 Name: Todd Travers

Title: Senior Portfolio Manager

Highland Capital Management, L.P.

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	PAM CAPITAL FUNDING L.P.
	

 	
 	

By:	
 	

Highland Capital Management, L.P.

As Collateral Manager
	

 	
 	

By:	
 	

/s/  TODD TRAVERS      
 Name: Todd Travers

Title: Senior Portfolio Manager

Highland Capital Management, L.P.

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	PAMCO CAYMAN LTD
	

 	
 	

By:	
 	

Highland Capital Management, L.P. As Collateral Manager
	

 	
 	

By:	
 	

/s/  TODD TRAVERS      
	 	 	 	 	
 Name: Todd Travers

Title: Senior Portfolio Manager

Highland Capital Management, L.P.

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	RESTORATION FUNDING CLO, LTD
	

 	
 	

By:	
 	

Highland Capital Management, L.P. As Collateral Manager
	

 	
 	

By:	
 	

/s/  TODD TRAVERS      
	 	 	 	 	
 Name: Todd Travers

Title: Senior Portfolio Manager

Highland Capital Management, L.P.

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	ML CLO XV PILGRIM AMERICA (CAYMAN) LTD
	

 	
 	

By:	
 	

ING Investments, LLC, as its investment manager
	

 	
 	

By:	
 	

/s/  ILLEGIBLE      
	 	 	 	 	
 Name:

Title:

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	ML CLO XX PILGRIM AMERICA (CAYMAN) LTD
	

 	
 	

By:	
 	

ING Investments, LLC, as its investment manager
	

 	
 	

By:	
 	

/s/  ILLEGIBLE      
	 	 	 	 	
 Name:

Title:

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	SENIOR INCOME FUND
	

 	
 	

By:	
 	

ING Investment Management, Co. as its investment manager
	

 	
 	

By:	
 	

/s/  ILLEGIBLE      
	 	 	 	 	
 Name:

Title:

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	ING PRIME RATE TRUST
	

 	
 	

By:	
 	

ING Investment Management, Co. as its investment manager
	

 	
 	

By:	
 	

/s/  ILLEGIBLE      
	 	 	 	 	
 Name:

Title:

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	AIM FLOATING RATE FUND
	

 	
 	

By:	
 	

INVESCO Senior Secured Management, Inc. As Sub-Adviser
	

 	
 	

By:	
 	

/s/  THOMAS H. B. EWALD      
	 	 	 	 	
 Name: Thomas H. B. Ewald

Title: Authorized Signatory

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	AVALON CAPITAL LTD. 2
	

 	
 	

By:	
 	

INVESCO Senior Secured Management, Inc. As Portfolio-Adviser
	

 	
 	

By:	
 	

/s/  THOMAS H. B. EWALD      
	 	 	 	 	
 Name: Thomas H. B. Ewald

Title: Authorized Signatory

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	CHAMPLAIN CLO, LTD.
	

 	
 	

By:	
 	

INVESCO Senior Secured Management, Inc. As Collateral Manager
	

 	
 	

By:	
 	

/s/  THOMAS H. B. EWALD      
	 	 	 	 	
 Name: Thomas H. B. Ewald

Title: Authorized Signatory

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	CHARTER VIEW PORTFOLIO
	

 	
 	

By:	
 	

INVESCO Senior Secured Management, Inc. As Investment Advisor
	

 	
 	

By:	
 	

/s/  THOMAS H. B. EWALD      
	 	 	 	 	
 Name: Thomas H. B. Ewald

Title: Authorized Signatory

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	DIVERSIFIED CREDIT PORTFOLIO LTD.
	

 	
 	

By:	
 	

INVESCO Senior Secured Management, Inc. as Investment Adviser
	

 	
 	

By:	
 	

/s/  THOMAS H.B. EWALD      
	 	 	 	 	
 Name: Thomas H.B. Ewald

Title: Authorized Signatory

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	INVESCO EUROPEAN CDO I S.A.
	

 	
 	

By:	
 	

INVESCO Senior Secured Management, Inc. As Collateral Manager
	

 	
 	

By:	
 	

/s/  THOMAS H.B. EWALD      
	 	 	 	 	
 Name: Thomas H.B. Ewald

Title: Authorized Signatory

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	PETRUSSE EUROPEAN CLO S.A.
	

 	
 	

By:	
 	

INVESCO Senior Secured Management, Inc. As Collateral Manager
	

 	
 	

By:	
 	

/s/  THOMAS H.B. EWALD      
	 	 	 	 	
 Name: Thomas H.B. Ewald

Title: Authorized Signatory

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	SARATOGA CLO I, LIMITED
	

 	
 	

By:	
 	

INVESCO Senior Secured Management, Inc. As Asset Manager
	

 	
 	

By:	
 	

/s/  THOMAS H.B. EWALD      
	 	 	 	 	
 Name: Thomas H.B. Ewald

Title: Authorized Signatory

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	SEQUILS-LIBERTY, LTD.
	

 	
 	

By:	
 	

INVESCO Senior Secured Management, Inc. As Collateral Manager
	

 	
 	

By:	
 	

/s/  THOMAS H.B. EWALD      
	 	 	 	 	
 Name: Thomas H.B. Ewald

Title: Authorized Signatory

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	 
	

 	
 	

By:	
 	

MERRILL LYNCH CAPITAL CORP.
	

 	
 	

By:	
 	

/s/  MICHAEL E. O'BRIEN      
	 	 	 	 	
 Name: Michael E. O'Brien

Title: Vice President

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	Venture III CDO, Limited
	

 	
 	

By:	
 	

By its investment advisor MJX Asset Management LLC
	

 	
 	

By:	
 	

/s/  M.G. REGAN      
	 	 	 	 	
 Name: M.G. Regan

Title:

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	MUIRFIELD TRADING LLC
	

 	
 	

By:	
 	

/s/  DIANA M. HIMES      
	 	 	 	 	
 Name: Diana M. Himes

Title: Assistant Vice President

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	Aeries Finance-II Ltd.
	

 	
 	

By:	
 	

Patriarch Partners X, LLC its Managing Agent
	

 	
 	

By:	
 	

/s/  LYNN TILTON      
	 	 	 	 	
 Name: Lynn Tilton

Title: Manager

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	PUTNAM DIVERSIFIED INCOME TRUST
	

 	
 	

By:	
 	

/s/  BETH MAZOR      
 Name: Beth Mazor

Title: V.P.

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	PUTNAM HIGH YIELD ADVANTAGE FUND
	

 	
 	

By:	
 	

/s/  BETH MAZOR      
 Name: Beth Mazor

Title: V.P.

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	PUTNAM HIGH YIELD TRUST
	

 	
 	

By:	
 	

/s/  BETH MAZOR      
 Name: Beth Mazor

Title: V.P.

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	PUTNAM MASTER INCOME TRUST
	

 	
 	

By:	
 	

/s/  BETH MAZOR      
 Name: Beth Mazor

Title: V.P.

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	PUTNAM MASTER INTERMEDIATE INCOME TRUST
	

 	
 	

By:	
 	

/s/  BETH MAZOR      
 Name: Beth Mazor

Title: V.P.

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	PUTNAM PREMIER INCOME TRUST
	

 	
 	

By:	
 	

/s/  BETH MAZOR      
 Name: Beth Mazor

Title: V.P.

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	PUTNAM VARIABLE TRUST—PVT

DIVERSIFIED INCOME FUND
	

 	
 	

By:	
 	

/s/  BETH MAZOR      
 Name: Beth Mazor

Title: V.P.

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	PUTNAM VARIABLE TRUST—PVT

HIGH YIELD FUND
	

 	
 	

By:	
 	

/s/  BETH MAZOR      
 Name: Beth Mazor

Title: V.P.

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	STANWICH LOAN FUNDING LLC
	

 	
 	

By:	
 	

/s/  DIANA M. HIMES      
 Name: Diana M. Himes

Title: ASSISTANT VICE PRESIDENT

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	TORONTO DOMINION (NEW YORK), INC.
	

 	
 	

By:	
 	

/s/  STACEY MALEK      
 Name: Stacey Malek

Title: VICE PRESIDENT

Lender Signature Page to Amendment No. 1 to AMF Bowling Credit Agreement  

	LENDER:	 	TRUMBALL THC, LTD.
	

 	
 	

By:	
 	

/s/  SUZANNE SMITH      
 Name: SUZANNE SMITH

Title: AS ATTORNEY-IN-FACT

   EXHIBIT A  

ACKNOWLEDGEMENT AND AGREEMENT

        Each
Credit Party listed below hereby acknowledges that it has reviewed the First Amendment to the Credit Agreement to which this Acknowledgement and Agreement is attached as an exhibit
(the "Amendment") and hereby consents to the execution, delivery and performance thereof by each of Holdings and the Borrower. Each Credit Party hereby confirms its obligation under each Senior
Finance Document to which it is a party and agrees that, after giving effect to the Amendment, neither the modification of the Credit Agreement or any other Senior Finance Document effected pursuant
to the Amendment, nor the execution, delivery, performance or effectiveness of the Amendment or any other Senior Finance Document impairs the validity or effectiveness of any Senior Finance Document
to which it is a party or impairs the validity, effectiveness or priority of the Liens granted pursuant to any other Senior Finance Document to which it is a party or by which it is otherwise bound.
Each Credit Party hereby further agrees that the Liens created pursuant to the Senior Finance Documents (other than the Liens which have been or will be terminated to effect the transactions
contemplated by the Amendment) continue unimpaired with the same enforceability and priority to secure repayment of all Loans and other obligations arising thereunder, whether heretofore or hereafter
incurred. Under the foregoing circumstances, the position of the Administrative Agent and the Lenders with respect to such Liens, the Collateral in which a security interest was granted pursuant to
the Senior Finance Documents, and the ability of the Administrative Agent to enforce the provisions of the Senior Finance Documents and to realize upon such Liens pursuant to the terms of the Senior
Finance Documents, have not been adversely affected in any material respect by the modification of the Credit Agreement, the modification of any other Senior Finance Document effected pursuant to the
Amendment or the execution, delivery, performance or effectiveness of the Amendment. 

	 	 	[NAME]
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Name:

Title:
	

 	
 	

[NAME]
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Name:

Title:

S-3

 
Schedule 2.01  

AMF Bowling Worldwide, Inc.

Asset Sales  

	Description
 
	 	Close Date

	FY 2004 (2/27/04 — 6/27/04):	 	 
	

Australia—Maitland	
 	

3/22/2004
	Australia—Ringwood	 	4/14/04
	
FY 2005 (6/28/04 — 7/3/05):	
 	

 
	

Bowling de Paris	
 	

8/10/04
	Australia—Parramatta	 	7/28/2004
	Australia—Bennetts Green	 	8/10/04
	Australia—Fairfield	 	8/10/04
	Australia—Mayfield	 	8/23/2004

S-4

QuickLinks

FIRST AMENDMENT TO CREDIT AGREEMENT

ARTICLE I DEFINITIONS

ARTICLE II AMENDMENTS TO THE CREDIT AGREEMENT

ARTICLE III CONSENTS, ACKNOWLEDGEMENTS AND AGREEMENTS

ARTICLE IV CONDITIONS TO EFFECTIVENESS

ARTICLE V REPRESENTATIONS AND WARRANTIES

ARTICLE VI MISCELLANEOUS

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