Document:

EXHIBIT 10.1
                                                                    ------------

                                                                  EXECUTION COPY
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                            364-DAY CREDIT AGREEMENT

                          Dated as of November 6, 2007

                                      Among

                               HARSCO CORPORATION,

                            THE LENDERS NAMED HEREIN

                                       and

                           JPMORGAN CHASE BANK, N.A.,
                             as Administrative Agent

                          ----------------------------

                           J.P. MORGAN SECURITIES INC.,
                      as Lead Arranger and Sole Bookrunner

         CITIBANK, N.A., ING BANK N.V., DUBLIN BRANCH, MIZUHO CORPORATE
                 BANK, LTD. and THE ROYAL BANK OF SCOTLAND, PLC
                             as Documentation Agents

            BANCO BILBAO VIZCAYA ARGENTARIA, S.A. and BANK OF TOKYO-
                          MITSUBISHI UFJ TRUST COMPANY
                           as Co-Documentation Agents

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                                                                [CS&M #6701-123]
<PAGE>

                                TABLE OF CONTENTS

                                                                            Page

                                    ARTICLE I

                                   Definitions

Section 1.01.  Defined Terms..................................................1
Section 1.02.  Terms Generally...............................................16
Section 1.03.  Redenomination of Certain Alternative Currencies..............17

                                   ARTICLE II

                                   The Credits

Section 2.01.  Commitments...................................................17
Section 2.02.  Loans.........................................................18
Section 2.03.  Competitive Bid Procedure.....................................19
Section 2.04.  Standby Borrowing Procedure...................................22
Section 2.05.  Interest Elections............................................23
Section 2.06.  Fees..........................................................24
Section 2.07.  Repayment of Loans; Extension of Maturity Date................25
Section 2.08.  Interest on Loans.............................................26
Section 2.09.  Default Interest..............................................27
Section 2.10.  Alternate Rate of Interest....................................27
Section 2.11.  Termination and Reduction of Commitments......................28
Section 2.12.  Prepayment....................................................28
Section 2.13.  Reserve Requirements; Change in Circumstances.................29
Section 2.14.  Change in Legality............................................30
Section 2.15.  Indemnity.....................................................32
Section 2.16.  Pro Rata Treatment............................................32
Section 2.17.  Sharing of Setoffs............................................33
Section 2.18.  Payments......................................................33
Section 2.19.  Taxes.........................................................34
Section 2.20.  Assignment of Commitments Under Certain Circumstances.........37
Section 2.21.  Borrowings by Approved Borrowers..............................37
Section 2.22.  Additional Costs..............................................38

                                   ARTICLE III

                         Representations and Warranties

Section 3.01.  Corporate Existence...........................................39

                                       -i-
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Section 3.02.  Financial Condition...........................................39
Section 3.03.  Litigation....................................................40
Section 3.04.  No Breach.....................................................40
Section 3.05.  Action........................................................40
Section 3.06.  Approvals.....................................................40
Section 3.07.  Use of Credit.................................................40
Section 3.08.  ERISA.........................................................40
Section 3.09.  Taxes.........................................................41
Section 3.10.  Investment Company Act........................................41
Section 3.11.  Material Agreements and Liens.................................41
Section 3.12.  Environmental Matters.........................................41
Section 3.13.  Subsidiaries, etc.............................................42
Section 3.14.  True and Complete Disclosure..................................42
Section 3.15.  Corporate Existence of Approved Borrower......................42
Section 3.16.  No Breach.....................................................43
Section 3.17.  Action........................................................43
Section 3.18.  Approvals.....................................................43
Section 3.19.  Taxes on Payments of Approved Borrowers.......................43

                                   ARTICLE IV

                     Conditions of Effectiveness and Lending

Section 4.01.  Effective Date................................................44
Section 4.02.  First Borrowing by Each Approved Borrower.....................45
Section 4.03.  All Borrowings................................................46

                                    ARTICLE V

                              Affirmative Covenants

Section 5.01.  Existence; Businesses and Properties..........................47
Section 5.02.  Insurance.....................................................47
Section 5.03.  Obligations and Taxes.........................................48
Section 5.04.  Financial Statements, Reports, etc............................48
Section 5.05.  Litigation and Other Notices..................................49
Section 5.06.  ERISA.........................................................49
Section 5.07.  Maintaining Records...........................................50
Section 5.08.  Use of Proceeds...............................................50

                                   ARTICLE VI

                               Negative Covenants

Section 6.01.  Liens.........................................................50

                                      -ii-
<PAGE>

Section 6.02.  Sale and Lease-Back Transactions..............................51
Section 6.03.  Mergers, Sales of Assets, etc.................................52
Section 6.04.  Lines of Business; Fiscal Year................................52
Section 6.05.  Transactions with Affiliates..................................53
Section 6.06.  Total Debt to Total Capital Ratio.............................53

                                   ARTICLE VII

                                Events of Default

                                  ARTICLE VIII

                            The Administrative Agent

                                   ARTICLE IX

                                    Guarantee

Section 9.01.  Guarantee.....................................................59
Section 9.02.  Obligations Unconditional.....................................59
Section 9.03.  Reinstatement.................................................60
Section 9.04.  Subrogation...................................................60
Section 9.05.  Remedies......................................................60
Section 9.06.  Continuing Guarantee..........................................60

                                    ARTICLE X

                                  Miscellaneous

Section 10.01.  Notices......................................................61
Section 10.02.  Survival of Agreement........................................61
Section 10.03.  Binding Effect...............................................61
Section 10.04.  Successors and Assigns.......................................62
Section 10.05.  Expenses; Indemnity..........................................64
Section 10.06.  Right of Setoff..............................................66
Section 10.07.  Applicable Law...............................................66
Section 10.08.  Waivers; Amendment...........................................66
Section 10.09.  Interest Rate Limitation.....................................67
Section 10.10.  Entire Agreement.............................................67
Section 10.11.  Waiver of Jury Trial.........................................67
Section 10.12.  Severability.................................................67
Section 10.13.  Judgment Currency............................................67

                                      -iii-
<PAGE>

Section 10.14.  Counterparts.................................................68
Section 10.15.  Headings.....................................................68
Section 10.16.  Jurisdiction; Consent to Service of Process..................68
Section 10.17.  USA Patriot Act..............................................69
Section 10.18   No Fiduciary Relationship....................................66

Schedules and Exhibits
----------------------

Schedule 2.01      Lenders; Commitments
Schedule 2.21      Approved Borrowers
Schedule 3.11(a)   Material Agreements
Schedule 3.11(b)   Liens
Schedule 3.13      Subsidiaries

Exhibit A-1        Form of Competitive Bid Request
Exhibit A-2        Form of Notice of Competitive Bid Request
Exhibit A-3        Form of Competitive Bid
Exhibit A-4        Form of Competitive Bid/Accept Reject Letter
Exhibit A-5        Form of Standby Borrowing Request
Exhibit A-6        Form of Interest Election Request Exhibit B Form of
                   Administrative Questionnaire Exhibit C Form of Assignment
                   and Acceptance
Exhibit D          Mandatory Costs Rate
Exhibit E-1        Form of Opinion of General Counsel
Exhibit E-2        Form of Opinion of Jones, Day, Reavis & Pogue, counsel for
                   the Company
Exhibit F-1        Form of Designation Letter
Exhibit F-2        Form of Termination Letter

                                      -iv-
<PAGE>

          364-DAY CREDIT AGREEMENT dated as of November 6, 2007 (as amended,
     restated, supplemented, extended, replaced or otherwise modified from time
     to time, the "Agreement") among HARSCO CORPORATION, a Delaware corporation
     (the "Company"), the lenders listed in Schedule 2.01 (the "Lenders"), and
     JPMORGAN CHASE BANK, N.A., as administrative agent for the Lenders (in such
     capacity, the "Administrative Agent").

     The Company has requested that the Lenders extend credit to the Company in
order to enable it to borrow Standby Loans (such term and all other capitalized
terms not otherwise defined have the meanings assigned to them in Article I
hereof) on a standby revolving credit basis from time to time during the
Availability Period in an aggregate principal amount at any time outstanding not
in excess of $450,000,000 (less the aggregate principal amount of all
outstanding Competitive Loans at such time). The Company has also requested the
Lenders to provide a procedure pursuant to which the Company may invite the
Lenders to bid on an uncommitted basis on short-term borrowings by the Company.
The proceeds of all such borrowings are to be used for general corporate
purposes, including commercial paper backup. The Lenders are willing to extend
such credit to the Company on the terms and subject to the conditions herein set
forth.

     Accordingly, the Company, the Lenders and the Administrative Agent agree as
follows:

ARTICLE I

                                   Definitions

     SECTION 1.01. Defined Terms. As used in this Agreement, the following terms
shall have the meanings specified below:

     "ABR Borrowing" shall mean a Borrowing comprised of ABR Loans.

     "ABR Loan" shall mean any Standby Loan bearing interest at a rate
determined by reference to the Alternate Base Rate in accordance with the
provisions of Article II.

     "Adjusted LIBO Rate" shall mean, with respect to any Eurocurrency Borrowing
for any Interest Period, an interest rate per annum (rounded upwards, if
necessary, to the next 1/16 of 1%) equal to (a) the LIBO Rate for such Interest
Period multiplied by (b) the Statutory Reserve Rate; provided that, with respect
to any Eurocurrency Borrowing denominated in an Alternative Currency for any
Interest Period, Adjusted LIBO Rate shall mean an interest rate per annum
(rounded upwards, if necessary, to the next 1/16 of 1%) equal to the LIBO Rate
for such Interest Period.

<PAGE>

     "Administrative Fees" shall have the meaning assigned to such term in
Section 2.06(b).

     "Administrative Questionnaire" shall mean an Administrative Questionnaire
in the form of Exhibit B hereto.

     "Affiliate" shall mean, when used with respect to a specified person,
another person that directly, or indirectly through one or more intermediaries,
Controls or is Controlled by or is under common Control with the person
specified.

     "Agent Designee" shall have the meaning assigned to such term in Article
VIII.

     "Alternate Base Rate" shall mean, for any day, a rate per annum (rounded
upwards, if necessary, to the next 1/16 of 1%) equal to the greater of (a) the
Prime Rate in effect on such day and (b) the Federal Funds Effective Rate in
effect on such day plus 1/2 of 1%. For purposes hereof, "Prime Rate" shall mean
the rate of interest per annum publicly announced from time to time by the
Administrative Agent as its prime rate in effect at its principal office in New
York City; each change in the Prime Rate shall be effective on the date such
change is publicly announced as effective. "Federal Funds Effective Rate" shall
mean, for any day, the weighted average of the rates on overnight Federal funds
transactions with members of the Federal Reserve System arranged by Federal
funds brokers, as published on the next succeeding Business Day by the Federal
Reserve Bank of New York, or, if such rate is not so published for any day which
is a Business Day, the average of the quotations for the day of such
transactions received by the Administrative Agent from three Federal funds
brokers of recognized standing selected by it. If for any reason the
Administrative Agent shall have determined (which determination shall be
conclusive absent manifest error) that it is unable to ascertain the Federal
Funds Effective Rate for any reason, including the inability of the
Administrative Agent to obtain sufficient quotations in accordance with the
terms thereof, the Alternate Base Rate shall be determined without regard to
clause (b) of the first sentence of this definition until the circumstances
giving rise to such inability no longer exist.

     "Alternative Currency" shall mean (a) Euros and Sterling and (b) any other
freely available currency which is freely transferable and freely convertible
into Dollars and in which dealings in deposits are carried on in the London or
other interbank market, which shall be requested by a Borrower in respect of an
Alternative Currency Borrowing and approved by each Lender making an Alternative
Currency Loan comprising a part of such Borrowing.

     "Alternative Currency Borrowing" shall mean a Borrowing comprised of
Alternative Currency Loans. All Alternative Currency Borrowings shall be
Eurocurrency Borrowings.

     "Alternative Currency Equivalent" shall mean, with respect to any amount of
Dollars on any date in relation to any specified Alternative Currency, the
amount of such specified Alternative Currency that may be purchased with such
amount of Dollars

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at the Spot Exchange Rate with respect to Dollars on such date. The term
"Alternative Currency Equivalent" may be preceded by a reference to an
Alternative Currency (e.g., "EUR Alternative Currency Equivalent"), in which
case the Alternative Currency so referenced shall be the "specified" Alternative
Currency.

     "Alternative Currency Loan" shall mean any Loan denominated in an
Alternative Currency.

     "Applicable Margin" shall mean on any date, (A) with respect to ABR Loans,
0% and (B) with respect to Eurocurrency Loans, the applicable spreads set forth
below based upon the ratings applicable on such date to senior, unsecured,
non-credit enhanced, long-term indebtedness of the Company for borrowed money
("Index Debt"):

                                                       Eurocurrency
                                                        Loan Spread
-------------------------------------------  -----------------------------------
Category 1
----------
A+ or higher by S & P;                                     .250%
A1 or higher by Moody's
-------------------------------------------  -----------------------------------
Category 2
----------
A by S & P;                                                .290%
A2 by Moody's
-------------------------------------------  -----------------------------------
Category 3
----------
A- by S & P;                                               .330%
A3 by Moody's
-------------------------------------------  -----------------------------------
Category 4
----------
BBB+ by S & P;                                             .370%
Baa1 by Moody's
-------------------------------------------  -----------------------------------
Category 5
----------
BBB or lower by S & P;                                     .525%
Baa2 or lower by Moody's
-------------------------------------------  -----------------------------------

For purposes of determining the Applicable Margin for Eurocurrency Loans, (a) if
either Moody's or S&P shall not have in effect a rating for Index Debt (other
than because such rating agency shall no longer be in the business of rating
corporate debt obligations), then such rating agency will be deemed to have
established a rating for Index Debt in Category 5; (b) if the ratings
established or deemed to have been established by Moody's and S&P shall fall
within different Categories, the Applicable Margin shall be determined by
reference to the higher (or numerically lower) Category unless one of the
ratings is two or more Categories lower (or numerically higher) than the other,
in which case the Applicable Margin shall be determined by reference to the
Category next below that of the higher of the two ratings; and (c) if any rating
established or deemed to have been

                                        3
<PAGE>

established by Moody's or S&P shall be changed (other than as a result of a
change in the rating system of either Moody's or S&P), such change shall be
effective as of the date on which such change is first announced by the rating
agency making such change. Each change in the Applicable Margin shall apply to
all Eurocurrency Loans and ABR Loans that are outstanding at any time during the
period commencing on the effective date of such change and ending on the date
immediately preceding the effective date of the next such change. If the rating
system of either Moody's or S&P shall change, or if either such rating agency
shall cease to be in the business of rating corporate debt obligations, the
Company and the Lenders shall negotiate in good faith to amend the references to
specific ratings in this definition to reflect such changed rating system or the
nonavailability of ratings from such rating agency.

     "Applicable Percentage" shall mean, with respect to any Lender at any time,
the percentage of the Total Commitment represented by such Lender's Commitment
at such time.

     "Approved Borrower" shall mean any wholly owned Subsidiary of the Company
as to which a Designation Letter shall have been delivered to the Administrative
Agent in accordance with Section 2.21 hereof and as to which a Termination
Letter shall not have been delivered to the Administrative Agent.

     "Assigned Dollar Value" shall mean, in respect of any Borrowing denominated
in an Alternative Currency, the Dollar Equivalent thereof determined based upon
the applicable Spot Exchange Rate as of the Denomination Date for such
Borrowing. In the event that any Borrowing denominated in an Alternative
Currency shall be prepaid in part, the Assigned Dollar Value of such Borrowing
shall be allocated ratably to the prepaid portion of such Borrowing and the
portion of such Borrowing remaining outstanding.

     "Assignment and Acceptance" shall mean an assignment and acceptance entered
into by a Lender and an assignee, and accepted by the Administrative Agent, in
the form of Exhibit C or such other form as shall be approved by the
Administrative Agent.

     "Availability Period" shall mean the period from and including the
Effective Date to but excluding the earlier of the Termination Date and the date
of termination of the Commitments.

     "Board" shall mean the Board of Governors of the Federal Reserve System of
the United States.

     "Borrowers" shall mean the Company and each Approved Borrower.

     "Borrowing" shall mean a group of Loans of a single Type made by the
Lenders (or, in the case of a Competitive Borrowing, by the Lender or Lenders
whose Competitive Bids have been accepted pursuant to Section 2.03).

                                        4
<PAGE>

     "Borrowing Minimum" shall mean (a) in the case of a Borrowing denominated
in Dollars, $5,000,000 and (b) in the case of a Borrowing denominated in any
Alternative Currency, 5,000,000 units (or, in the case of Sterling, 2,500,000
units) of such currency.

     "Borrowing Multiple" shall mean (a) in the case of a Borrowing denominated
in Dollars, $1,000,000 and (b) in the case of a Borrowing denominated in any
Alternative Currency, 1,000,000 units (or, in the case of Sterling, 500,000
units) of such currency.

     "Borrowing Request" shall mean a Standby Borrowing Request or a Competitive
Bid Request.

     "Business Day" shall mean any day (other than a day which is a Saturday,
Sunday or legal holiday in the State of New York) on which banks are open for
business in New York City; provided, however, that (a) when used in connection
with a Eurocurrency Loan, the term "Business Day" shall also exclude any day on
which banks are not open for dealings in deposits in the applicable currency in
the London interbank market, (b) when used in connection with a Loan denominated
in Euro, the term "Business Day" shall also exclude any day on which the TARGET
payment system is not open for the settlement of payments in Euro.

     "Capital Lease Obligations" of any person shall mean the obligations of
such person to pay rent or other amounts under any lease of (or other
arrangement conveying the right to use) real or personal property, or a
combination thereof, which obligations are required to be classified and
accounted for as capital leases on a balance sheet of such person under GAAP
and, for the purposes of this Agreement, the amount of such obligations at any
time shall be the capitalized amount thereof at such time determined in
accordance with GAAP.

     A "Change in Control" shall be deemed to have occurred if (a) any person or
group (within the meaning of Rule 13d-5 of the Securities and Exchange
Commission as in effect on the date hereof) shall own directly or indirectly,
beneficially or of record, shares representing more than 20% of the aggregate
ordinary voting power represented by the issued and outstanding capital stock of
the Company; or (b) a majority of the seats (other than vacant seats) on the
board of directors of the Company shall at any time have been occupied by
persons who were neither (i) nominated by the board of directors of the Company,
nor (ii) appointed by directors so nominated; or (c) any person or group shall
otherwise directly or indirectly Control the Company.

     "Code" shall mean the Internal Revenue Code of 1986, as the same may be
amended from time to time.

     "Committed Credit Exposure" shall mean, with respect to any Lender at any
time, the sum of (a) the aggregate principal amount at such time of all
outstanding Standby Loans of such Lender denominated in Dollars, plus (b) the
Assigned Dollar

                                        5
<PAGE>

Value at such time of the aggregate principal amount at such time of all
outstanding Standby Loans of such Lender that are Alternative Currency Loans.

     "Commitment" shall mean, with respect to each Lender, the commitment of
such Lender hereunder as set forth in Schedule 2.01 hereto, as such Lender's
Commitment may be permanently terminated, reduced or increased from time to time
pursuant to Section 2.11 or Section 10.04.

     "Competitive Bid" shall mean an offer by a Lender to make a Competitive
Loan pursuant to Section 2.03.

     "Competitive Bid Accept/Reject Letter" shall mean a notification made by a
Borrower pursuant to Section 2.03(d) in the form of Exhibit A-4.

     "Competitive Bid Rate" shall mean, as to any Competitive Bid made by a
Lender pursuant to Section 2.03(b), (i) in the case of a Eurocurrency Loan, the
Competitive Margin, and (ii) in the case of a Fixed Rate Loan, the fixed rate of
interest offered by the Lender making such Competitive Bid.

     "Competitive Bid Request" shall mean a request made pursuant to Section
2.03 in the form of Exhibit A-1.

     "Competitive Borrowing" shall mean a borrowing consisting of a Competitive
Loan or concurrent Competitive Loans from the Lender or Lenders whose
Competitive Bids for such Borrowing have been accepted by a Borrower under the
bidding procedure described in Section 2.03.

     "Competitive Loan" shall mean a loan from a Lender to a Borrower pursuant
to the bidding procedure described in Section 2.03. Each Competitive Loan shall
be a Eurocurrency Competitive Loan or a Fixed Rate Loan.

     "Competitive Margin" shall mean, as to any Eurocurrency Competitive Loan,
the margin (expressed as a percentage rate per annum in the form of a decimal to
no more than four decimal places) to be added to or subtracted from the LIBO
Rate in order to determine the interest rate applicable to such Loan, as
specified in the Competitive Bid relating to such Loan.

     "Control" shall mean the possession, directly or indirectly, of the power
to direct or cause the direction of the management or policies of a person,
whether through the ownership of voting securities, by contract or otherwise,
and "Controlling" and "Controlled" shall have meanings correlative thereto.

     "Default" shall mean any event or condition which upon notice, lapse of
time or both would constitute an Event of Default.

     "Denomination Date" shall mean at any time, in relation to any Alternative
Currency Borrowing, the date that is three Business Days before the later of

                                        6
<PAGE>

(a) the date such Borrowing is made and (b) the date of the most recent
conversion or continuation of such Borrowing pursuant to Section 2.05.

     "Designation Letter" shall have the meaning assigned to such term in
Section 2.21.

     "Dollar Equivalent" shall mean, with respect to an amount of any
Alternative Currency on any date, the amount of Dollars that may be purchased
with such amount of such Alternative Currency at the Spot Exchange Rate with
respect to such Alternative Currency on such date.

     "Dollars" or "$" shall mean lawful money of the United States of America.

     "Domestic Subsidiaries" shall mean any Subsidiary organized or incorporated
under the laws of one of the States of the United States of America, the laws of
the District of Columbia or the Federal laws of the United States of America.

     "Effective Date" shall mean the date on which the conditions specified in
Section 4.01 are satisfied (or waived in accordance with Section 10.08).

     "EMU Legislation" means the legislative measures of the European Union for
the introduction of, changeover to or operation of the Euro in one or more
member states.

     "Environmental Laws" means all laws, rules, regulations, codes, ordinances,
orders, decrees, judgments, injunctions, notices or binding agreements issued,
promulgated or entered into by any Governmental Authority, relating in any way
to the environment, preservation or reclamation of natural resources, the
presence, management or release of Hazardous Materials or to health and safety
matters.

     "Environmental Liability" means all liabilities, obligations, damages,
losses, claims, actions, suits, judgments, orders, fines, penalties, fees,
expenses and costs, (including administrative oversight costs, natural resource
damages and remediation costs), whether contingent or otherwise, arising out of
or relating to: (a) compliance or non-compliance with any Environmental Law, (b)
the generation, use, handling, transportation, storage, treatment or disposal of
any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the
release of any Hazardous Materials or (e) any contract, agreement or other
consensual arrangement pursuant to which liability is assumed or imposed with
respect to any of the foregoing.

     "ERISA" shall mean the Employee Retirement Income Security Act of 1974, as
the same may be amended from time to time.

     "ERISA Affiliate" shall mean any trade or business (whether or not
incorporated) that is a member of a group of which the Company is a member and
which is treated as a single employer under Section 414 of the Code.

                                        7
<PAGE>

     "Euro" means the single currency of the European Union as constituted by
the treaty on European Union.

     "Eurocurrency Borrowing" shall mean a Borrowing comprised of Eurocurrency
Loans.

     "Eurocurrency Competitive Borrowing" shall mean a Competitive Borrowing
comprised of Eurocurrency Competitive Loans.

     "Eurocurrency Competitive Loan" shall mean any Competitive Loan bearing
interest at a rate determined by reference to the LIBO Rate in accordance with
the provisions of Article II.

     "Eurocurrency Loan" shall mean any Eurocurrency Competitive Loan or
Eurocurrency Standby Loan.

     "Eurocurrency Standby Borrowing" shall mean a Standby Borrowing comprised
of Eurocurrency Standby Loans.

     "Eurocurrency Standby Loan" shall mean any Standby Loan bearing interest at
a rate determined by reference to the LIBO Rate in accordance with the
provisions of Article II.

     "Event of Default" shall have the meaning assigned to such term in Article
VII.

     "Facility Fee" shall have the meaning assigned to such term in Section
2.06(a).

     "Facility Fee Percentage" shall mean on any date, the applicable percentage
set forth below based upon the ratings applicable on such date to the Company's
Index Debt:

                                                            Facility
                                                               Fee
                                                           Percentage
------------------------------------------------- -----------------------------
Category 1
----------
A+ or higher by S & P;                                        .050%
A1 or higher by Moody's
------------------------------------------------- -----------------------------
Category 2
----------
A by S & P;                                                   .060%
A2 by Moody's
------------------------------------------------- -----------------------------

                                        8
<PAGE>

Category 3
----------
A- by S & P;                                                  .070%
A3 by Moody's
------------------------------------------------- -----------------------------
Category 4
----------
BBB+ by S & P;                                                .080%
Baa1 by Moody's
------------------------------------------------- -----------------------------
Category 5
----------
BBB or lower by S & P;                                        .100%
Baa2 or lower by Moody's
------------------------------------------------- -----------------------------

For purposes of the foregoing, (a) if either Moody's or S&P shall not have in
effect a rating for Index Debt (other than because such rating agency shall no
longer be in the business of rating corporate debt obligations), then such
rating agency will be deemed to have established a rating for Index Debt in
Category 5; (b) if the ratings established or deemed to have been established by
Moody's and S&P shall fall within different Categories, the Facility Fee
Percentage shall be determined by reference to the higher (or numerically lower)
Category unless one of the ratings is two or more categories lower (or
numerically higher) than the other, in which case the Facility Fee Percentage
shall be determined by reference to the Category next below that of the higher
of the two ratings; and (c) if any rating established or deemed to have been
established by Moody's or S&P shall be changed (other than as a result of a
change in the rating system of either Moody's or S&P), such change shall be
effective as of the date on which such change is first announced by the rating
agency making such change. Each change in the Facility Fee Percentage shall
apply during the period commencing on the effective date of such change and
ending on the date immediately preceding the effective date of the next such
change. If the rating system of either Moody's or S&P shall change, or if either
such rating agency shall cease to be in the business of rating corporate debt
obligations, the Company and the Lenders shall negotiate in good faith to amend
the references to specific ratings in this definition to reflect such changed
rating system or the non-availability of ratings from such rating agency.

     "Fees" shall mean the Administrative Fees, the Facility Fee and the
Utilization Fee.

     "Financial Officer" of any corporation shall mean the Chief Financial
Officer, principal accounting officer, Treasurer or Controller of such
corporation.

     "Fixed Rate" shall mean, with respect to any Competitive Loan (other than a
Eurocurrency Competitive Loan), the fixed rate of interest per annum (expressed
in the

                                        9
<PAGE>

form of a decimal to no more than four decimal places) specified by the Lender
making such Loan in its Competitive Bid.

     "Fixed Rate Borrowing" shall mean a Borrowing comprised of Fixed Rate
Loans.

     "Fixed Rate Loan" shall mean any Competitive Loan bearing interest at a
Fixed Rate.

     "GAAP" shall mean United States generally accepted accounting principles,
applied on a basis consistent with the financial statements referred to in
Section 3.02.

     "Governmental Authority" shall mean any Federal, state, local or foreign
court or governmental agency, authority, instrumentality or regulatory body.

     "Guarantee" of or by any person shall mean any obligation, contingent or
otherwise, of such person guaranteeing or having the economic effect of
guaranteeing any Indebtedness of any other person (the "primary obligor") in any
manner, whether directly or indirectly, and including any obligation of such
person, direct or indirect, (a) to purchase or pay (or advance or supply funds
for the purchase or payment of) such Indebtedness or to purchase (or to advance
or supply funds for the purchase of) any security for the payment of such
Indebtedness, (b) to purchase property, securities or services for the purpose
of assuring the owner of such Indebtedness of the payment of such Indebtedness
or (c) to maintain working capital, equity capital or other financial statement
condition or liquidity of the primary obligor so as to enable the primary
obligor to pay such Indebtedness; provided, however, that the term Guarantee
shall not include endorsements for collection or deposit, in either case in the
ordinary course of business.

     "Guarantor" shall mean the Company in its capacity as the guarantor under
Section 9.01.

     "Hazardous Materials" shall mean (A) petroleum products and byproducts,
asbestos, urea formaldehyde foam insulation, polychlorinated biphenyls, radon
gas, chlorofluorocarbons and all other ozone-depleting substances; or (B) any
chemical, material, substance, waste, pollutant or contaminant that is
prohibited, limited or regulated by or pursuant to any Environmental Law.

     "Indebtedness" of any person shall mean, without duplication, (a) all
obligations of such person for borrowed money or with respect to deposits or
advances of any kind, (b) all obligations of such person evidenced by bonds,
debentures, notes or similar instruments, (c) all obligations of such person
upon which interest charges are customarily paid, (d) all obligations of such
person under conditional sale or other title retention agreements relating to
property or assets purchased by such person, (e) all obligations of such person
issued or assumed as the deferred purchase price of property or services, (f)
all Indebtedness of others secured by (or for which the holder of such
Indebtedness has an existing right, contingent or otherwise, to be secured by)
any Lien on property owned or acquired by such person, whether or not the
obligations secured

                                       10
<PAGE>

thereby have been assumed, (g) all Guarantees by such person of Indebtedness of
others, (h) all Capital Lease Obligations of such person, (i) all obligations of
such person in respect of interest rate protection agreements, foreign currency
exchange agreements or other interest or exchange rate hedging arrangements and
(j) all obligations of such person as an account party in respect of letters of
credit and bankers' acceptances; provided, however, that Indebtedness shall not
include trade accounts payable in the ordinary course of business. The
Indebtedness of any person shall include the Indebtedness of any partnership in
which such person is a general partner.

     "Index Debt" shall have the meaning given such term under Applicable
Margin.

     "Interest Election Request" means a request by the Borrower to convert or
continue a Standby Borrowing in accordance with Section 2.05.

     "Interest Payment Date" shall mean, with respect to any Loan, the last day
of each Interest Period applicable thereto and, in the case of a Eurocurrency
Loan with an Interest Period of more than three months' duration or a Fixed Rate
Loan with an Interest Period of more than 90 days' duration, each day that would
have been an Interest Payment Date for such Loan had successive Interest Periods
of three months' duration or 90 days duration, as the case may be, been
applicable to such Loan and, in addition, any date on which such Loan shall be
prepaid.

     "Interest Period" shall mean (a) as to any Eurocurrency Borrowing, the
period commencing on the date of such Borrowing and ending on the numerically
corresponding day (or, if there is no numerically corresponding day, on the last
day) in the calendar month that is 1, 2, 3 or 6 months thereafter, as the
applicable Borrower may elect, (b) as to any ABR Borrowing, the period
commencing on the date of such Borrowing and ending on the earlier of (i) the
next succeeding day which shall be the last day of any March, June, September or
December and (ii) the Maturity Date and (c) as to any Fixed Rate Borrowing, the
period commencing on the date of such Borrowing and ending on the date specified
in the Competitive Bids in which the offer to make the Fixed Rate Loans
comprising such Borrowing were extended, which shall not be earlier than seven
days after the date of such Borrowing or later than 360 days after the date of
such Borrowing; provided, however, that if any Interest Period would end on a
day other than a Business Day, such Interest Period shall be extended to the
next succeeding Business Day unless, in the case of Eurocurrency Loans only,
such next succeeding Business Day would fall in the next calendar month, in
which case such Interest Period shall end on the next preceding Business Day.
Interest shall accrue from and including the first day of an Interest Period to
but excluding the last day of such Interest Period. For purposes hereof, the
date of a Borrowing initially shall be the date on which such Borrowing is made
and, in the case of a Standby Borrowing, thereafter shall be the effective date
of the most recent conversion or continuation of such Borrowing.

     "LIBO Rate" shall mean, with respect to any Eurocurrency Borrowing for any
Interest Period, (i) the interest rate per annum for deposits for a maturity
most nearly comparable to such Interest Period in the currency in which such
Borrowing is

                                       11
<PAGE>

denominated which appears on the Bloomberg's British Banker's Association rate
page as of 11:00 a.m., London time, on the Quotation Day for such Interest
Period or, if such a rate does not appear on the Bloomberg's British Banker's
Association rate page, (ii) an interest rate per annum (rounded upwards, if
necessary, to the next 1/16 of 1%) equal to the rate at which deposits in the
currency in which such Borrowing is denominated approximately equal in principal
amount to the Loan of the Administrative Agent, in its capacity as a Lender (or,
if the Administrative Agent is not a Lender in respect of such Borrowing, then
the Loan of the Lender in respect of such Borrowing with the greatest Loan
amount), included in such Eurocurrency Borrowing and for a maturity comparable
to such Interest Period are offered to the principal London office of the
Administrative Agent in immediately available funds in the London interbank
market at approximately 11:00 a.m., London time, on Quotation Day for such
Interest Period.

     "Lien" shall mean with respect to any asset, (a) any mortgage, deed of
trust, lien, pledge, encumbrance, charge or security interest in or on such
asset, (b) the interest of a vendor or a lessor under any conditional sale
agreement, capital lease or title retention agreement relating to such asset and
(c) in the case of securities, any purchase option, call or similar right of a
third party with respect to such securities.

     "Loan" shall mean any Competitive Loan or Standby Loan.

     "Loan Documents" shall mean this Agreement and the Fee Letter dated October
4, 2007, among the Administrative Agent, J.P. Morgan Securities Inc. and the
Company.

     "Margin Stock" shall have the meaning given such term under Regulation U.

     "Material Adverse Change" or "Material Adverse Effect" shall mean (a) a
materially adverse change in, or a materially adverse effect on, the business,
assets, operations, performance or condition, financial or otherwise, of the
Company and its Subsidiaries taken as a whole or (b) a material impairment of
the ability of the Company or any Approved Borrower to perform any of its
respective obligations under any Loan Document to which it is or becomes a
party.

     "Material Subsidiary" means any Subsidiary (a) the consolidated assets of
which equal 5% or more of the consolidated assets of the Borrower and the
Subsidiaries as of the last day of the most recent fiscal quarter of the
Borrower or (b) the consolidated revenues of which equal 5% or more of the
consolidated revenues of the Borrower and the Subsidiaries for the most recent
period of four consecutive fiscal quarters for which financial statements have
been delivered under Section 5.04 (or, prior to the delivery of any such
financial statements, for the period of four consecutive fiscal quarters ended
June 30, 2007); provided that if at the end of the most recent fiscal quarter or
for the most recent period of four consecutive fiscal quarters the consolidated
assets or consolidated revenues of all Subsidiaries that under clauses (a) and
(b) above would not constitute Material Subsidiaries shall have exceeded 10% of
the consolidated assets or 10% of the consolidated revenues of the Borrower and
the Subsidiaries, then one or more of such

                                       12
<PAGE>

excluded Subsidiaries shall for all purposes of this Agreement be deemed to be
Material Subsidiaries in descending order based on the amounts of their
consolidated assets until such excess shall have been eliminated.

     "Maturity Date" shall mean the Termination Date, unless extended pursuant
to Section 2.07(b), in which case "Maturity Date" shall mean the earlier of (x)
the date set forth in the Company's notice delivered pursuant to Section 2.07(b)
as the extended Maturity Date and (y) the first anniversary of the Termination
Date.

     "Moody's" shall mean Moody's Investors Service, Inc.

     "Multiemployer Plan" shall mean a multiemployer plan as defined in Section
4001(a)(3) of ERISA to which the Company or any ERISA Affiliate (other than one
considered an ERISA Affiliate only pursuant to subsection (m) or (o) of Code
Section 414) is making or accruing an obligation to make contributions, or has
within any of the preceding five plan years made or accrued an obligation to
make contributions.

     "Net Worth" shall mean, as at any date, the sum for the Company and its
Subsidiaries (determined on a consolidated basis without duplication in
accordance with GAAP) of the following:

          (a) the amount of common stock; plus

          (b) the amount of any preferred stock that does not have any
     requirement for the Company to purchase, redeem, retire or otherwise
     acquire the same; plus

          (c) the amount of additional paid-in capital and retained earnings
     (or, in the case of an additional paid-in capital or retained earnings
     deficit, minus the amount of such deficit); plus

          (d) cumulative translation adjustments (or, in the case of negative
     adjustments, minus the amount of such adjustments); plus

          (e) cumulative pension liability adjustments (or, in the case of
     negative adjustments, minus the amount of such adjustments); minus

          (f) the cost of treasury stock.

     "Obligation Currency" shall have the meaning assigned to such term in
Section 10.13.

     "Other Taxes" shall have the meaning assigned to such term in Section
2.19(b).

     "PBGC" shall mean the Pension Benefit Guaranty Corporation referred to and
defined in ERISA.

                                       13
<PAGE>

     "person" shall mean any natural person, corporation, business trust, joint
venture, association, company, limited liability company, partnership or
government, or any agency or political subdivision thereof.

     "Plan" shall mean any employee pension benefit plan (other than a
Multiemployer Plan) subject to the provisions of Title IV of ERISA or Section
412 of the Code which is maintained for current or former employees, or any
beneficiary thereof, of the Company or any ERISA Affiliate.

     "Quotation Day" means, with respect to any Eurocurrency Borrowing and any
Interest Period, the day on which it is market practice in the relevant
interbank market for prime banks to give quotations for deposits in the currency
of such Borrowing for delivery on the first day of such Interest Period. If such
quotations would normally be given by prime banks on more than one day, the
Quotation Day will be the last of such days.

     "Register" shall have the meaning given such term in Section 10.04(d).

     "Regulation D" shall mean Regulation D of the Board as from time to time in
effect and all official rulings and interpretations thereunder or thereof.

     "Regulation U" shall mean Regulation U of the Board as from time to time in
effect and all official rulings and interpretations thereunder or thereof.

     "Reportable Event" shall mean any reportable event as defined in Section
4043(b) of ERISA or the regulations issued thereunder with respect to a Plan
(other than a Plan maintained by an ERISA Affiliate that is considered an ERISA
Affiliate only pursuant to subsection (m) or (o) of Code Section 414).

     "Required Lenders" shall mean, at any time, Lenders having Commitments
representing a majority of the Total Commitment or, for purposes of acceleration
pursuant to clause (ii) of Article VII or after the termination of the
Commitments, Lenders holding Loans representing a majority of the aggregate
principal amount of the Loans outstanding. For purposes of determining the
Required Lenders, any Loans denominated in an Alternative Currency shall be
translated into Dollars at the Spot Exchange Rate in effect on the applicable
Denomination Date.

     "Responsible Officer" of any corporation shall mean any executive officer
or Financial Officer of such corporation and any other officer or similar
official thereof responsible for the administration of the obligations of such
corporation in respect of this Agreement.

     "S&P" shall mean Standard & Poor's Ratings Services, a Division of the
McGraw-Hill Companies Inc.

     "Spot Exchange Rate" shall mean, on any day, (a) with respect to any
Alternative Currency, the spot rate at which Dollars are offered on such day by
JPMorgan Chase Bank, N.A. in London for such Alternative Currency at
approximately 11:00 a.m.

                                       14
<PAGE>

(London time), and (b) with respect to Dollars in relation to any specified
Alternative Currency, the spot rate at which such specified Alternative Currency
is offered on such day by JPMorgan Chase Bank, N.A. in London for Dollars at
approximately 11:00 a.m. (London time). For purposes of determining the Spot
Exchange Rate in connection with an Alternative Currency Borrowing, such Spot
Exchange Rate shall be determined as of the Denomination Date for such Borrowing
with respect to transactions in the applicable Alternative Currency that will
settle on the date of such Borrowing, and, upon the Company's request, the
Administrative Agent shall inform the Company of such Spot Exchange Rate.

     "Standby Borrowing" shall mean a borrowing consisting of simultaneous
Standby Loans from each of the Lenders.

     "Standby Borrowing Request" shall mean a request made pursuant to Section
2.04 in the form of Exhibit A-5.

     "Standby Loan" shall mean a revolving loan made by a Lender pursuant to
Section 2.04. Each Standby Loan shall be a Eurocurrency Standby Loan or an ABR
Loan.

     "Statutory Reserve Rate" shall mean, with respect to any currency, a
fraction (expressed as a decimal), the numerator of which is the number one and
the denominator of which is the number one minus the aggregate of the maximum
reserve percentages (including any marginal, special, emergency or supplemental
reserves) expressed as a decimal established by the Board to which the
Administrative Agent is subject for eurocurrency funding (currently referred to
as "Eurocurrency Liabilities" in Regulation D of the Board). Such reserve
percentages shall include those imposed pursuant to Regulation D. Eurocurrency
Loans shall be deemed to be subject to such reserve requirements without benefit
of or credit for proration, exemptions or offsets that may be available from
time to time to any Lender under Regulation D or any other applicable law, rule
or regulation. The Statutory Reserve Rate shall be adjusted automatically on and
as of the effective date of any change in any reserve percentage.

     "Sterling" or "GBP" shall mean lawful money of the United Kingdom.

     "subsidiary" shall mean, with respect to any person (herein referred to as
the "parent"), any corporation, partnership, association or other business
entity (a) of which securities or other ownership interests representing more
than 50% of the equity or more than 50% of the ordinary voting power or more
than 50% of the general partnership interests are, at the time any determination
is being made, owned, Controlled or held, or (b) which is, at the time any
determination is made, otherwise Controlled by the parent or one or more
subsidiaries of the parent or by the parent and one or more subsidiaries of the
parent.

     "Subsidiary" shall mean any subsidiary of the Company.

     "Taxes" shall have the meaning assigned to such term in Section 2.19(a).

                                       15
<PAGE>

     "Termination Date" shall mean November 4, 2008.

     "Termination Letter" shall have the meaning assigned to such term in
Section 2.21. "Total Capital" shall mean, at any time, Net Worth plus Total
Debt.

     "Total Commitment" shall mean, at any time, the aggregate amount of the
Commitments, as in effect at such time.

     "Total Debt" shall mean, at any time, the aggregate outstanding principal
amount of all Indebtedness of the Company and its Subsidiaries at such time
(other than Indebtedness described in clause (i) or (j) of the definition of the
term "Indebtedness") determined on a consolidated basis (without duplication) in
accordance with GAAP; provided that the term "Total Debt" shall include any
preferred stock that provides for the mandatory purchase, retirement, redemption
or other acquisition of the same by the Company or any Subsidiary (other than
preferred stock held by the Company or any Subsidiary).

     "Transferee" shall have the meaning assigned to such term in Section
2.19(a).

     "Transactions" shall mean the execution, delivery and performance by the
Company of this Agreement, the execution and delivery by the Company and the
Approved Borrowers of each Designation Letter, the borrowing of Loans and the
use of the proceeds thereof.

     "Type", when used in respect of any Loan or Borrowing, shall refer to the
rate by reference to which interest on such Loan or on the Loans comprising such
Borrowing is determined and the currency in which such Loan or the Loans
comprising such Borrowings are denominated. For purposes hereof, "rate" shall
include the LIBO Rate, the Alternate Base Rate and the Fixed Rate, and
"currency" shall include Dollars and any Alternative Currency permitted
hereunder.

     "Utilization Fee" shall have the meaning assigned to such term in Section
2.06(c).

     "Utilization Fee Percentage" shall mean 0.100%.

     "Withdrawal Liability" shall mean liability to a Multiemployer Plan as a
result of a complete or partial withdrawal from such Multiemployer Plan, as such
terms are defined in Part I of Subtitle E of Title IV of ERISA.

     SECTION 1.02. Terms Generally. The definitions in Section 1.01 shall apply
equally to both the singular and plural forms of the terms defined. Whenever the
context may require, any pronoun shall include the corresponding masculine,
feminine and neuter forms. The words "include", "includes" and "including" shall
be deemed to be followed by the phrase "without limitation". All references
herein to Articles,

                                       16
<PAGE>

Sections, Exhibits and Schedules shall be deemed references to Articles and
Sections of, and Exhibits and Schedules to, this Agreement unless the context
shall otherwise require. Except as otherwise expressly provided herein, all
terms of an accounting or financial nature shall be construed in accordance with
GAAP, as in effect from time to time; provided, however, that if the Company
notifies the Administrative Agent that the Company wishes to amend any covenant
in Article VI or any related definition to eliminate the effect of any change in
GAAP occurring after the date of this Agreement on the operation of such
covenant (or if the Administrative Agent notifies the Company that the Required
Lenders wish to amend Article VI or any related definition for such purpose),
then the Company's compliance with such covenant shall be determined on the
basis of GAAP in effect immediately before the relevant change in GAAP became
effective, until either such notice is withdrawn or such covenant is amended in
a manner satisfactory to the Company and the Required Lenders.

     SECTION 1.03. Redenomination of Certain Alternative Currencies. (a) Each
obligation of any party to this Agreement to make a payment denominated in the
national currency unit of any member state of the European Union that adopts the
Euro as its lawful currency after the date hereof shall be redenominated into
Euro at the time of such adoption (in accordance with the EMU Legislation). If,
in relation to the currency of any such member state, the basis of accrual of
interest expressed in this Agreement in respect of that currency shall be
inconsistent with any convention or practice in the London interbank market for
the basis of accrual of interest in respect of the Euro, such expressed basis
shall be replaced by such convention or practice with effect from the date on
which such member state adopts the Euro as its lawful currency; provided that if
any Borrowing in the currency of such member state is outstanding immediately
prior to such date, such replacement shall take effect, with respect to such
Borrowing, at the end of the then current Interest Period.

     (b) Each provision of this Agreement shall be subject to such reasonable
changes of construction as the Administrative Agent in consultation with the
Company may from time to time specify to be appropriate to reflect the adoption
of the Euro by any member state of the European Union and any relevant market
conventions or practices relating to the Euro.

                                   ARTICLE II

                                   The Credits

     SECTION 2.01. Commitments. (a) Subject to the terms and conditions and
relying upon the representations and warranties herein set forth, each Lender
agrees, severally and not jointly, to make Standby Loans to the Borrowers from
time to time during the Availability Period, in Dollars or one or more
Alternative Currencies (as specified in the Borrowing Requests with respect
thereto), in an aggregate principal amount at any time outstanding that will not
result in such Lender's Committed Credit Exposure exceeding such Lender's
Commitment, subject, however, to the conditions that

                                       17
<PAGE>

(i) at no time shall (A) the sum of (I) the aggregate Committed Credit Exposure
of all the Lenders, plus (II) the outstanding aggregate principal amount or
Assigned Dollar Value of all Competitive Loans made by all Lenders, exceed (B)
the Total Commitment and (ii) at all times the outstanding aggregate principal
amount of all Standby Loans made by each Lender shall equal such Lender's
Applicable Percentage of the outstanding aggregate principal amount of all
Standby Loans made pursuant to Section 2.04. Each Lender's Commitment is set
forth opposite its name in Schedule 2.01. Such Commitments may be terminated or
reduced from time to time pursuant to Section 2.11. Within the foregoing limits
and subject to the terms and conditions set forth herein, the Borrowers may
borrow, pay or prepay and reborrow Standby Loans.

     (b) In the event that any Borrower wishes to make a Borrowing in any
Alternative Currency other than Euros or Sterling, such Borrowing shall be made
as a Competitive Borrowing.

     SECTION 2.02. Loans. (a) Each Standby Loan shall be made as part of a
Borrowing consisting of Loans made by the Lenders ratably in accordance with
their applicable Commitments; provided, however, that the failure of any Lender
to make any Standby Loan shall not in itself relieve any other Lender of its
obligation to lend hereunder (it being understood, however, that no Lender shall
be responsible for the failure of any other Lender to make any Loan required to
be made by such other Lender). Each Competitive Loan shall be made in accordance
with the procedures set forth in Section 2.03. The Competitive Loans and Standby
Loans comprising any Borrowing shall be in (i) an aggregate principal amount
which is not less than the Borrowing Minimum and an integral multiple of the
Borrowing Multiple or (ii) an aggregate principal amount equal to the remaining
balance of the available applicable Commitments.

     (b) Each Competitive Borrowing shall be comprised entirely of Eurocurrency
Competitive Loans or Fixed Rate Loans, and each Standby Borrowing shall be
comprised entirely of Eurocurrency Standby Loans or ABR Loans, as the Borrowers
may request pursuant to Section 2.03 or 2.04, as applicable. Each Lender may at
its option make any Loan by causing any domestic or foreign branch or Affiliate
of such Lender to make such Loan; provided that any exercise of such option
shall not affect the obligation of the applicable Borrower to repay such Loan in
accordance with the terms of this Agreement. Borrowings of more than one Type
may be outstanding at the same time; provided, however, that none of the
Borrowers shall be entitled to request any Borrowing which, if made, would
result in an aggregate of more than ten separate Standby Loans of any Lender
being outstanding hereunder at any one time. For purposes of the foregoing,
Borrowings having different Interest Periods or denominated in different
currencies, regardless of whether they commence on the same date, shall be
considered separate Borrowings.

     (c) Each Lender shall make each Loan to be made by it hereunder on the
proposed date thereof by wire transfer to such account as the Administrative
Agent may designate in federal funds (in the case of any Loan denominated in
Dollars) or such other immediately available funds as may then be customary for
the settlement of international

                                       18
<PAGE>

transactions in the relevant currency not later than 11:00 a.m., New York City
time, in the case of fundings to an account in New York City, or 11:00 a.m.,
local time, in the case of fundings to an account(s) in another jurisdiction,
and the Administrative Agent shall by 12:00 (noon), New York City time, in the
case of fundings to (an) account(s) in New York City, or 12:00 (noon), local
time, in the case of fundings to an account(s) in another jurisdiction, credit
the amounts so received to an account(s) designated by the applicable Borrower
in the applicable Borrowing Request, which account(s) must be in the country of
the currency of the Loan (it being understood that the funding may be for the
credit of an account outside such country) or in a country that is a member of
the European Union, in the case of Borrowings denominated in Euros, or, if a
Borrowing shall not occur on such date because any condition precedent herein
specified shall not have been met, return the amounts so received to the
respective Lenders. Competitive Loans shall be made by the Lender or Lenders
whose Competitive Bids therefor are accepted pursuant to Section 2.03 in the
amounts so accepted and Standby Loans shall be made by the Lenders pro rata in
accordance with Section 2.16. Unless the Administrative Agent shall have
received notice from a Lender prior to the date of any Borrowing that such
Lender will not make available to the Administrative Agent such Lender's portion
of such Borrowing, the Administrative Agent may assume that such Lender has made
such portion available to the Administrative Agent on the date of such Borrowing
in accordance with this paragraph (c) and the Administrative Agent may, in
reliance upon such assumption, make available to the applicable Borrower on such
date a corresponding amount in the required currency. If the Administrative
Agent shall have so made funds available then to the extent that such Lender
shall not have made such portion available to the Administrative Agent, such
Lender and the applicable Borrower severally agree to repay to the
Administrative Agent forthwith on demand such corresponding amount together with
interest thereon in such currency, for each day from the date such amount is
made available to the applicable Borrower until the date such amount is repaid
to the Administrative Agent at (i) in the case of the Borrower, the interest
rate applicable at the time to the Loans comprising such Borrowing and (ii) in
the case of such Lender, a rate determined by the Administrative Agent to
represent its cost of overnight or short-term funds in the relevant currency
(which determination shall be conclusive absent manifest error). If such Lender
shall repay to the Administrative Agent such corresponding amount, such amount
shall constitute such Lender's Loan as part of such Borrowing for purposes of
this Agreement.

     (d) Notwithstanding any other provision of this Agreement, none of the
Borrowers shall be entitled to request, or to elect to convert or continue, any
Borrowing if the Interest Period requested with respect thereto would end after
the Maturity Date.

     SECTION 2.03. Competitive Bid Procedure. (a) In order to request
Competitive Bids, a Borrower shall hand deliver or telecopy to the
Administrative Agent a duly completed Competitive Bid Request in the form of
Exhibit A-1 hereto, to be received by the Administrative Agent (i) in the case
of a Eurocurrency Competitive Borrowing, not later than 11:00 a.m., New York
City time (or, if the Bid Request is delivered or telecopied to the
Administrative Agent in London, 10:00 a.m., London time), four Business Days
before a proposed Competitive Borrowing and (ii) in the case of a Fixed Rate
Borrowing, not later than 11:00 a.m., New York City time, one Business Day

                                       19
<PAGE>

before a proposed Competitive Borrowing. No ABR Loan shall be requested in, or
made pursuant to, a Competitive Bid Request. A Competitive Bid Request that does
not conform substantially to the format of Exhibit A-1 may be rejected in the
Administrative Agent's sole discretion, and the Administrative Agent shall
promptly notify the applicable Borrower of such rejection by telecopier. Such
request shall in each case refer to this Agreement and specify (A) whether the
Borrowing then being requested is to be a Eurocurrency Borrowing or a Fixed Rate
Borrowing, (B) the date of such Borrowing (which shall be a Business Day), (C)
the aggregate principal amount of such Borrowing, (D) the currency of such
Borrowing and (E) the Interest Period with respect thereto (which may not end
after the Termination Date). If no election as to the currency of Borrowing is
specified in any Competitive Bid Request, then the applicable Borrower shall be
deemed to have requested Borrowings in Dollars. Promptly after its receipt of a
Competitive Bid Request that is not rejected as aforesaid, the Administrative
Agent shall invite by telecopier (in the form set forth in Exhibit A-2 hereto)
the Lenders to bid, on the terms and conditions of this Agreement, to make
Competitive Loans pursuant to the Competitive Bid Request.

     (b) Each Lender may, in its sole discretion, make one or more Competitive
Bids to a Borrower responsive to a Competitive Bid Request. Each Competitive Bid
by a Lender must be received by the Administrative Agent via telecopier, in the
form of Exhibit A-3 hereto, (i) in the case of a Eurocurrency Competitive
Borrowing not later than 11:00 a.m., New York City time (or, if the Competitive
Bid is delivered or telecopied to the Administrative Agent in London, 10:00
a.m., London time), three Business Days before a proposed Competitive Borrowing
and (ii) in the case of a Fixed Rate Borrowing, not later than 11:00 a.m., New
York City time, on the day of a proposed Competitive Borrowing. Multiple bids
will be accepted by the Administrative Agent. Competitive Bids that do not
conform substantially to the format of Exhibit A-3 may be rejected by the
Administrative Agent after conferring with, and upon the instruction of, the
applicable Borrower, and the Administrative Agent shall notify the Lender making
such nonconforming bid of such rejection as soon as practicable. Each
Competitive Bid shall refer to this Agreement and specify (A) the principal
amount (which (x) shall be in a minimum principal amount of the Borrowing
Minimum and in an integral multiple of the Borrowing Multiple, (y) shall be
expressed in Dollars or, in the case of an Alternative Currency Borrowing, in
both the Alternative Currency and the Assigned Dollar Value thereof and (z) may
equal the entire principal amount of the Competitive Borrowing requested by the
Borrower) of the Competitive Loan or Loans that the Lender is willing to make to
the applicable Borrower, (B) the Competitive Bid Rate or Rates at which the
Lender is prepared to make the Competitive Loan or Loans and (C) the Interest
Period and the last day thereof. If any Lender shall elect not to make a
Competitive Bid, such Lender shall so notify the Administrative Agent by
telecopier (I) in the case of Eurocurrency Competitive Loans, not later than
11:00 a.m., New York City time (or, if the notice is delivered or telecopied to
the Administrative Agent in London, 10:00 a.m., London time), three Business
Days before a proposed Competitive Borrowing, and (II) in the case of Fixed Rate
Loans, not later than 11:00 a.m., New York City time, on the day of a proposed
Competitive Borrowing; provided, however, that failure by any Lender to give
such notice shall not cause such Lender to be obligated to make any Competitive
Loan as part of such

                                       20
<PAGE>

Competitive Borrowing. A Competitive Bid submitted by a Lender pursuant to this
paragraph (b) shall be irrevocable.

     (c) The Administrative Agent shall promptly notify the applicable Borrower
by telecopier of all the Competitive Bids made, the Competitive Bid Rate and the
principal amount of each Competitive Loan in respect of which a Competitive Bid
was made and the identity of the Lender that made each bid. The Administrative
Agent shall send a copy of all Competitive Bids to the applicable Borrower for
its records as soon as practicable after completion of the bidding process set
forth in this Section 2.03.

     (d) The applicable Borrower may in its sole and absolute discretion,
subject only to the provisions of this paragraph (d), accept or reject any
Competitive Bid referred to in paragraph (c) above. The Borrower shall notify
the Administrative Agent by telephone, confirmed by telecopier in the form of a
Competitive Bid Accept/Reject Letter, whether and to what extent it has decided
to accept or reject any of or all the bids referred to in paragraph (c) above,
(x) in the case of a Eurocurrency Competitive Borrowing, not later than 11:30
a.m., New York City time (or, if the notice is delivered or telecopied to the
Administrative Agent in London, 10:30 a.m., London time), three Business Days
before a proposed Competitive Borrowing, and (y) in the case of a Fixed Rate
Borrowing, not later than 11:30 a.m., New York City time, on the day of a
proposed Competitive Borrowing; provided, however, that (i) the failure by the
applicable Borrower to give such notice shall be deemed to be a rejection of all
the bids referred to in paragraph (c) above, (ii) such Borrower shall not accept
a bid made at a particular Competitive Bid Rate if the Borrower has decided to
reject a bid made at a lower Competitive Bid Rate, (iii) the aggregate amount of
the Competitive Bids accepted by such Borrower shall not exceed the principal
amount specified in the Competitive Bid Request, (iv) if such Borrower shall
accept a bid or bids made at a particular Competitive Bid Rate but the amount of
such bid or bids shall cause the total amount of bids to be accepted by the
Borrower to exceed the amount specified in the Competitive Bid Request, then
such Borrower shall accept a portion of such bid or bids in an amount equal to
the amount specified in the Competitive Bid Request less the amount of all other
Competitive Bids accepted with respect to such Competitive Bid Request, which
acceptance, in the case of multiple bids at such Competitive Bid Rate, shall be
made pro rata in accordance with the amount of each such bid at such Competitive
Bid Rate, and (v) except pursuant to clause (iv) above, no bid shall be accepted
for a Competitive Loan unless such Competitive Loan is in (x) a minimum
principal amount of the Borrowing Minimum and an integral multiple of the
Borrowing Multiple or (y) an aggregate principal amount equal to the remaining
balance of the available applicable Commitments; provided further, however, that
if a Competitive Loan must be in an amount less than the Borrowing Minimum
because of the provisions of clause (iv) above, such Competitive Loan may be for
a minimum of 1,000,000 units (or, in the case of Sterling, 500,000 units) of the
applicable currency or any integral multiple thereof, and in calculating the pro
rata allocation of acceptances of portions of multiple bids at a particular
Competitive Bid Rate pursuant to clause (iv) the amounts shall be rounded to
integral multiples of 1,000,000 units (or, in the case of Sterling, 500,000
units) of the applicable currency in a manner which shall be in the discretion
of the applicable

                                       21
<PAGE>

Borrower. A notice given by the applicable Borrower pursuant to this paragraph
(d) shall be irrevocable.

     (e) The Administrative Agent shall promptly notify each bidding Lender
whether or not its Competitive Bid has been accepted (and if so, in what amount
and at what Competitive Bid Rate) by telecopy sent by the Administrative Agent,
and each successful bidder will thereupon become bound, subject to the other
applicable conditions hereof, to make the Competitive Loan in respect of which
its bid has been accepted.

     (f) A Competitive Bid Request shall not be made within five Business Days
after the date of any previous Competitive Bid Request.

     (g) If the Administrative Agent shall elect to submit a Competitive Bid in
its capacity as a Lender, it shall submit such bid directly to the applicable
Borrower one quarter of an hour earlier than the latest time at which the other
Lenders are required to submit their bids to the Administrative Agent pursuant
to paragraph (b) above.

     (h) All notices required by this Section 2.03 shall be given in accordance
with Section 10.01.

     SECTION 2.04. Standby Borrowing Procedure. In order to request a Standby
Borrowing, a Borrower shall hand deliver or telecopy to the Administrative Agent
a duly completed Standby Borrowing Request in the form of Exhibit A-5 hereto, to
be received by the Administrative Agent (a) in the case of a Eurocurrency
Standby Borrowing, not later than 11:00 a.m., New York City time (or, if the
Borrowing Request is delivered or telecopied to the Administrative Agent in
London, 10:00 a.m., London time), three Business Days before a proposed
borrowing and (b) in the case of an ABR Borrowing, not later than 10:00 a.m.,
New York City time, on the date of the proposed borrowing. No Fixed Rate Loan
shall be requested or made pursuant to a Standby Borrowing Request. Such notice
shall be irrevocable and shall in each case specify (i) whether the Borrowing
then being requested is to be a Eurocurrency Borrowing or an ABR Borrowing; (ii)
the date of such Borrowing (which shall be a Business Day), (iii) the aggregate
principal amount of the Borrowing (which shall be in a minimum principal amount
of the Borrowing Minimum and in an integral multiple of the Borrowing Multiple),
(iv) the currency of such Borrowing (which, in the case of an ABR Borrowing,
shall be Dollars) and (v) if such Borrowing is to be a Eurocurrency Borrowing,
the Interest Period with respect thereto. If no election as to the currency of
Borrowing is specified in any Standby Borrowing Request, then the applicable
Borrower shall be deemed to have requested Borrowings in Dollars. If no election
as to the Type of Borrowing is specified, then the requested Borrowing shall be
an ABR Borrowing if denominated in Dollars or a Eurocurrency Borrowing if
denominated in an Alternative Currency. If no Interest Period with respect to
any Eurocurrency Borrowing is specified, then the applicable Borrower shall be
deemed to have selected an Interest Period of one month's duration. The
Administrative Agent shall promptly advise the Lenders of any notice given
pursuant to this Section 2.04 (and the contents thereof), of each Lender's
portion of the requested Borrowing and, in the case of an Alternative Currency
Borrowing, of the Dollar Equivalent of the Alternative Currency amount specified
in the

                                       22
<PAGE>

applicable Standby Borrowing Request and the Spot Exchange Rate utilized to
determine such Dollar Equivalent. If the Dollar Equivalent of a Lender's portion
of any such Borrowing would exceed such Lender's remaining available applicable
Commitment, then such Lender's portion of such Borrowing shall be reduced to the
Alternative Currency Equivalent of such Lender's remaining available Commitment.

     SECTION 2.05. Interest Elections. (a) Each Standby Borrowing initially
shall be of the Type specified in the applicable Borrowing Request and, in the
case of a Eurocurrency Standby Borrowing, shall have an initial Interest Period
as specified in such Borrowing Request. Thereafter, the applicable Borrower may
elect to convert such Borrowing to a different Type or to continue such
Borrowing and, in the case of a Eurocurrency Standby Borrowing, may elect
Interest Periods therefor, all as provided in this Section. Such Borrower may
elect different options with respect to different portions of the affected
Borrowing, in which case each such portion shall be allocated ratably among the
Lenders holding the Loans comprising such Borrowing, and the Loans comprising
each such portion shall be considered a separate Borrowing. This Section shall
not apply to Competitive Borrowings, which may not be converted or continued.

     (b) To make an election pursuant to this Section, the applicable Borrower
shall notify the Administrative Agent of such election by telephone or by
telecopy by the time that a Borrowing Request would be required under Section
2.04 if such Borrower were requesting a Standby Borrowing of the Type resulting
from such election to be made on the effective date of such election. Each such
Interest Election Request shall be irrevocable and, if telephonic, shall be
confirmed promptly by hand delivery or telecopy to the Administrative Agent of a
written Interest Election Request substantially in the form of Exhibit A-6
hereto. Notwithstanding any other provision of this Section, the Borrower shall
not be permitted to (i) change the currency of any Borrowing or (ii) elect an
Interest Period for Eurocurrency Loans that would end after the Maturity Date.

     (c) Each telephonic and written Interest Election Request shall specify the
following information in compliance with Section 2.02 and paragraph (e) of this
Section:

          (i) the Borrowing to which such Interest Election Request applies and,
     if different options are being elected with respect to different portions
     thereof, the portions thereof to be allocated to each resulting Borrowing
     (in which case the information to be specified pursuant to clauses (iii)
     and (iv) below shall be specified for each resulting Borrowing);

          (ii) the effective date of the election made pursuant to such Interest
     Election Request, which shall be a Business Day;

          (iii) whether the resulting Borrowing is to be an ABR Borrowing or a
     Eurocurrency Borrowing; and

                                       23
<PAGE>

          (iv) if the resulting Borrowing is to be a Eurocurrency Borrowing, the
     Interest Period to be applicable thereto after giving effect to such
     election, which shall be a period contemplated by the definition of the
     term "Interest Period".

If any such Interest Election Request requests a Eurocurrency Borrowing but does
not specify an Interest Period, then the Borrower shall be deemed to have
selected an Interest Period of one month's duration.

     (d) Promptly following receipt of an Interest Election Request, the
Administrative Agent shall advise each Lender of the details thereof and of such
Lender's portion of each resulting Borrowing.

     (e) If the Borrower fails to deliver a timely Interest Election Request
with respect to a Eurocurrency Borrowing prior to the end of the Interest Period
applicable thereto, then, unless such Borrowing is repaid as provided herein, at
the end of such Interest Period such Borrowing shall (i) in the case of a
Borrowing denominated in Dollars, be converted to an ABR Borrowing and (ii) in
the case of any other Eurocurrency Borrowing, continue as a Eurocurrency
Borrowing in the same currency and with an Interest Period of one month.
Notwithstanding any contrary provision hereof, if an Event of Default has
occurred and is continuing and the Administrative Agent, at the request of the
Required Lenders, so notifies the Borrower, then, so long as an Event of Default
is continuing (i) no outstanding Standby Borrowing denominated in Dollars may be
converted to or continued as a Eurocurrency Borrowing and (ii) unless repaid,
each Eurocurrency Borrowing denominated in Dollars shall be converted to an ABR
Borrowing at the end of the Interest Period applicable thereto.

     SECTION 2.06. Fees. (a) The Company agrees to pay to each Lender, through
the Administrative Agent, on each March 31, June 30, September 30 and December
31 and on the Maturity Date and any subsequent date on which the Loans of such
Lender shall be repaid (or on the date of termination of such Lender's
Commitment if such Lender has no Standby Loans outstanding after such date), a
facility fee (a "Facility Fee") equal to the Facility Fee Percentage of (i) the
daily average amount of the Commitment of such Lender, whether used or unused
(and whether or not the conditions set forth in Section 4.01 shall have been
satisfied), during the preceding quarter (or shorter period commencing with the
date hereof or ending with the date on which the Commitment of such Lender shall
be terminated) and (ii) after such Lender's Commitment shall have been
terminated, the daily average principal amount (or Assigned Dollar Value, in the
case of Loans denominated in Alternative Currencies) of such Lender's Loans that
remain outstanding during the preceding quarter (or shorter period commencing
with the Termination Date or ending with the Maturity Date or any date on which
all outstanding Loans of such Lender shall be repaid). All Facility Fees shall
be computed on the basis of the actual number of days elapsed in a year of 365
days (or 366 days in a leap year). The Facility Fee due to each Lender shall
commence to accrue on the date hereof and shall cease to accrue on the date on
which the Commitment of such Lender is terminated or, if such Lender has Loans
outstanding after the date its Commitment is terminated, the date on which such
Loans are repaid.

                                       24
<PAGE>

     (b) The Company agrees to pay the Administrative Agent, for its own
account, the fees set forth in the letter agreement dated October 4, 2007, among
the Administrative Agent, J.P. Morgan Securities Inc. and the Company (the
"Administrative Fees") at the times and in the amounts set forth therein.

     (c) The Company agrees to pay to each Lender, through the Administrative
Agent, on each March 31, June 30, September 30 and December 31, on each date on
which the Commitment of such Lender shall be terminated or reduced as provided
herein and on any date after the termination of such Lender's Commitment on
which all the Loans of such Lender shall be repaid, a utilization fee (a
"Utilization Fee") equal to the Utilization Fee Percentage per annum of the sum
of (i) the Committed Credit Exposure of such Lender plus (ii) the outstanding
principal amount (or Assigned Dollar Value, in the case of Loans denominated in
Alternative Currencies) of the Competitive Loans of such Lender (A) for each day
on which the outstanding aggregate principal amount (or Assigned Dollar Value)
of Loans exceeds 50% of the Total Commitment and (B) for each day after the
termination of the Commitments. All Utilization Fees shall be computed on the
basis of the actual number of days elapsed in a year of 360 days.

     (d) All Fees shall be paid on the dates due, in immediately available
funds, to the Administrative Agent for distribution, if and as appropriate,
among the Lenders. Once paid, none of the Fees shall be refundable under any
circumstances.

     SECTION 2.07. Repayment of Loans; Extension of Maturity Date. (a) Each
Borrower agrees to pay to the Administrative Agent for the account of each
Lender the then unpaid principal amount of (i) each Standby Loan of such Lender
on the Maturity Date and (ii) each Competitive Loan of such Lender on the last
day of the Interest Period applicable to such Loan. Each Loan shall bear
interest from the date of the Borrowing of which such Loan is a part on the
outstanding principal balance thereof as set forth in Section 2.08.

     (b) The Company may, by written notice to the Administrative Agent (which
shall promptly deliver a copy to each of the Lenders) not less than five and not
more than 10 Business Days prior to the Termination Date, request that the
Lenders extend the Maturity Date to the date set forth as the proposed extended
Maturity Date in such notice (which date shall not be later than the first
anniversary of the Termination Date), in which case, subject to the next
sentence, the Maturity Date shall be so extended and, from and after the
delivery by the Company of such notice, the Maturity Date shall be deemed to be
such later date specified in such notice for all purposes of this Agreement and
the other Loan Documents. Notwithstanding the foregoing, no extension of the
Maturity Date pursuant to this paragraph shall become effective unless (i) the
representations and warranties set forth in Article III hereof are true and
correct in all material respects on and as of the date of such notice with the
same effect as though made on and as of such date, except to the extent such
representations and warranties expressly relate to an earlier date, (ii) the
Administrative Agent shall have received a certificate to that effect dated such
date and executed by a Financial Officer of the Company and (iii) each Borrower
is in compliance with all the terms and provisions set forth herein and in each
other Loan Document on its part to be observed or performed, and at the time of
and

                                       25
<PAGE>

immediately after giving effect to such extension no Event of Default or Default
shall have occurred and be continuing. Loans repaid or prepaid after the
Termination Date may not be reborrowed.

     (c) Each Lender shall, and is hereby authorized by the Borrowers to,
maintain, in accordance with its usual practice, records evidencing the
indebtedness of each Borrower to such Lender hereunder from time to time,
including the date, amount, currency and Type of and the Interest Period
applicable to each Loan made by such Lender from time to time and the amounts of
principal and interest paid to such Lender from time to time in respect of each
such Loan.

     (d) The entries made in the records maintained pursuant to paragraph (c) of
this Section 2.07 and in the Register maintained by the Administrative Agent
pursuant to Section 10.04(d) shall be prima facie evidence of the existence and
amounts of the obligations of each Borrower to which such entries relate;
provided, however, that the failure of any Lender or the Administrative Agent to
maintain or to make any entry in such records or the Register, as applicable, or
any error therein shall not in any manner affect the obligation of any Borrower
to repay any Loans in accordance with the terms of this Agreement.

     SECTION 2.08. Interest on Loans. (a) Subject to the provisions of Section
2.09, the Loans comprising each Eurocurrency Borrowing shall bear interest
(computed on the basis of the actual number of days elapsed over a year of 360
days (or, in the case of Loans denominated in (A) Sterling, over a year of 365
or 366 days, or (B) any Alternative Currency other than Sterling or Euros, on
the basis customarily used for borrowings between banks in the principal market
for such Alternative Currency)), at a rate per annum equal to (i) in the case of
each Eurocurrency Standby Loan, the Adjusted LIBO Rate for the Interest Period
in effect for the Borrowing of which such Loan is part plus the Applicable
Margin from time to time in effect plus, at any time after the Termination Date,
a term-out premium of 0.125% per annum and (ii) in the case of each Eurocurrency
Competitive Loan, the LIBO Rate for the Interest Period in effect for the
Borrowing of which such Loan is a part plus the Competitive Margin offered by
the Lender making such Loan and accepted by the Borrower pursuant to Section
2.03.

     (b) Subject to the provisions of Section 2.09, the Loans comprising each
ABR Borrowing shall bear interest (computed on the basis of the actual number of
days elapsed over a year of 365 or 366 days, as appropriate, when determined by
reference to the Prime Rate and over a year of 360 days at all other times) at a
rate per annum equal to the Alternate Base Rate plus, at any time after the
Termination Date, a term-out premium of 0.125% per annum.

     (c) Subject to the provisions of Section 2.09, each Fixed Rate Loan shall
bear interest at a rate per annum (computed on the basis of the actual number of
days elapsed over a year of 360 days) equal to the fixed rate of interest
offered by the Lender making such Loan and accepted by the Borrower pursuant to
Section 2.03.

                                       26
<PAGE>

     (d) Interest on each Loan shall be payable in arrears on each Interest
Payment Date applicable to such Loan except as otherwise provided in this
Agreement. In the event of any conversion of any Eurocurrency Standby Loan prior
to the end of the current Interest Period therefor, accrued interest on such
Loan shall be payable on the effective date of such conversion. The applicable
LIBO Rate or Alternate Base Rate for each Interest Period or day within an
Interest Period, as the case may be, shall be determined by the Administrative
Agent, and such determination shall be conclusive absent manifest error.

     SECTION 2.09. Default Interest. If any Borrower shall default in the
payment of the principal of or interest on any Loan or any other amount becoming
due hereunder, whether by scheduled maturity, notice of prepayment, acceleration
or otherwise, such Borrower shall on demand from time to time from the
Administrative Agent pay interest, to the extent permitted by law, on such
defaulted amount up to (but not including) the date of actual payment (after as
well as before judgment) at a rate per annum (computed on the basis of the
actual number of days elapsed over a year of 360 days) equal to the Alternate
Base Rate plus 2% per annum (or, in the case of the principal of any Loan, if
higher, the rate of interest otherwise applicable, or most recently applicable,
to such Loan hereunder plus 2% per annum).

     SECTION 2.10. Alternate Rate of Interest. In the event, and on each
occasion, that on the day two Business Days prior to the commencement of any
Interest Period for a Eurocurrency Borrowing of any Type the Administrative
Agent shall have determined that Dollar deposits or deposits in the Alternative
Currency in which such Borrowing is to be denominated in the principal amounts
of the Loans comprising such Borrowing are not generally available in the London
interbank market, or that the rates at which such deposits are being offered
will not adequately and fairly reflect the cost to any Lender of making or
maintaining its Eurocurrency Loan during such Interest Period, or that
reasonable means do not exist for ascertaining the LIBO Rate, the Administrative
Agent shall, as soon as practicable thereafter, give written or telecopy notice
of such determination to the applicable Borrower and the Lenders. In the event
of any such determination, until the Administrative Agent shall have advised the
applicable Borrower and the Lenders that the circumstances giving rise to such
notice no longer exist, (i) any request by a Borrower for a Eurocurrency
Competitive Borrowing pursuant to Section 2.03 shall be of no force or effect
and shall be denied by the Administrative Agent, (ii) any request by a Borrower
for a Eurocurrency Standby Borrowing of the affected Type or in the affected
currency shall be deemed to be a request for an ABR Borrowing denominated in
Dollars and (iii) any Interest Election Request that requests the conversion of
any Standby Borrowing to, or continuation of any Standby Borrowing as, a
Eurocurrency Borrowing shall be ineffective, and unless repaid such Borrowing
shall be converted to or continued on the last day of the Interest Period
applicable thereto (A) if such Borrowing is denominated in Dollars, as an ABR
Borrowing, or (B) if such Borrowing is denominated in any Alternative Currency,
as a Borrowing bearing interest at such rate as Administrative Agent shall
determine adequately and fairly reflects the cost to the affected Lenders (or
Lender) of making or maintaining their Loans (or its Loan) included in such
Borrowing for such Interest Period plus the Applicable Margin.

                                       27
<PAGE>

Each determination by the Administrative Agent hereunder shall be conclusive
absent manifest error.

     SECTION 2.11. Termination and Reduction of Commitments. (a) Unless
previously terminated, the Commitments shall terminate on the Termination Date.

     (b) Upon at least three Business Days' prior irrevocable written or
telecopy notice to the Administrative Agent, the Company (on behalf of all the
Borrowers) may at any time in whole permanently terminate, or from time to time
in part permanently reduce, the Total Commitment; provided, however, that (i)
each partial reduction of the Total Commitment shall be in an integral multiple
of $1,000,000 and in a minimum principal amount of $5,000,000 and (ii) no such
termination or reduction shall be made which would reduce the Total Commitment
to an amount less than the aggregate outstanding principal amount (or Assigned
Dollar Value, in the case of Loans denominated in Alternative Currencies) of the
Competitive Loans and Standby Loans.

     (c) Each reduction in the Total Commitment hereunder shall be made ratably
among the Lenders in accordance with their respective Commitments. The Company
shall pay to the Administrative Agent for the account of the Lenders, on the
date of each termination or reduction, the Facility Fees on the amount of the
Commitments so terminated or reduced accrued to but not including the date of
such termination or reduction.

     SECTION 2.12. Prepayment. (a) Each Borrower shall have the right at any
time and from time to time to prepay any Standby Borrowing, in whole or in part,
upon giving written or telecopy notice (or telephone notice promptly confirmed
by written or telecopy notice) to the Administrative Agent: (i) in the case of
Eurocurrency Loans before 11:00 a.m., New York City time (or, if such notice is
delivered or telecopied to the Administrative Agent in London, 10:00 a.m.,
London time), three Business Days prior to prepayment and (ii) in the case of
ABR Loans, before 11:00 a.m., New York City time, one Business Day prior to
prepayment; provided, however, that each partial prepayment shall be in an
amount which is an integral multiple of $1,000,000 and not less than $5,000,000.
The Borrowers shall not have the right to prepay any Competitive Borrowing.

     (b) If the sum of (i) the aggregate Committed Credit Exposure of all the
Lenders and (ii) the outstanding aggregate principal amount or Assigned Dollar
Value of all Competitive Loans made by all the Lenders shall at any time exceed
the Total Commitment, then (A) on the last day of any Interest Period for any
Eurocurrency Standby Borrowing and (B) on any other date in the event any ABR
Borrowing shall be outstanding, the Borrower shall prepay Standby Loans in an
amount equal to the lesser of (x) the amount necessary to eliminate such excess
(after giving effect to any other prepayment of Loans on such day) and (y) the
amount of the applicable Borrowings referred to in clause (i) or (ii), as
applicable. If, on any date, the sum of (1) the aggregate Committed Credit
Exposure of all the Lenders and (2) the outstanding aggregate principal amount
or Assigned Dollar Value of all Competitive Loans made by all the Lenders shall

                                       28
<PAGE>

exceed 105% of the Total Commitment, then the Borrower shall, not later than the
third Business Day following the date notice of such excess is received from the
Administrative Agent, prepay one or more Standby Borrowings in an aggregate
principal amount sufficient to eliminate such excess.

     (c) On the date of any termination or reduction of the Commitments pursuant
to Section 2.11(b), the Company shall (or shall cause each responsible Borrower
to) pay or prepay so much of the Standby Borrowings as shall be necessary in
order that the aggregate outstanding principal amount of all Loans will not
exceed the Total Commitment after giving effect to such termination or
reduction.

     (d) Each notice of prepayment under this Section 2.12 shall specify the
prepayment date and the principal amount of each Borrowing (or portion thereof)
to be prepaid, shall be irrevocable and shall commit the applicable Borrower to
prepay such Borrowing (or portion thereof) by the amount stated therein on the
date stated therein. All prepayments under this Section 2.12 shall be subject to
Section 2.15 but otherwise without premium or penalty.

     SECTION 2.13. Reserve Requirements; Change in Circumstances. (a)
Notwithstanding any other provision herein, if after the date of this Agreement
any change in applicable law or regulation or in the interpretation or
administration thereof by any governmental authority charged with the
interpretation or administration thereof (whether or not having the force of
law) shall change the basis of taxation of payments to any Lender (or any
lending office of any Lender) of the principal of or interest on any
Eurocurrency Loan or Fixed Rate Loan made by such Lender or any Fees or other
amounts payable hereunder (other than changes in respect of taxes imposed on the
overall net income of such Lender by the jurisdiction in which such Lender has
its principal office or by any political subdivision or taxing authority
therein), or shall impose, modify or deem applicable any reserve, special
deposit or similar requirement against assets of, deposits with or for the
account of or credit extended by such Lender (or any lending office of such
Lender), or shall impose on such Lender or the London interbank market any other
condition affecting this Agreement or any Eurocurrency Loan or Fixed Rate Loan
made by such Lender, and the result of any of the foregoing shall be to increase
the cost to such Lender of making or maintaining any Eurocurrency Loan or Fixed
Rate Loan or to reduce the amount of any sum received or receivable by such
Lender hereunder (whether of principal, interest or otherwise) by an amount
deemed by such Lender to be material, then the Company shall (or shall cause the
Borrowers to) pay to such Lender upon demand such additional amount or amounts
as will compensate such Lender for such additional costs incurred or reduction
suffered. Notwithstanding the foregoing, no Lender shall be entitled to request
compensation under this paragraph with respect to any Competitive Loan if it
shall have been aware of the change giving rise to such request at the time of
submission of the Competitive Bid pursuant to which such Competitive Loan shall
have been made.

     (b) If any Lender shall have determined that any change after the date
hereof in the applicability of any law, rule, regulation or guideline adopted
pursuant to or arising out of the July 1988 report of the Basel Committee on
Banking Regulations and

                                       29
<PAGE>

Supervisory Practices entitled "International Convergence of Capital Measurement
and Capital Standards", or the adoption after the date hereof of any other law,
rule, regulation or guideline regarding capital adequacy, or any change in any
of the foregoing or in the interpretation or administration of any of the
foregoing by any governmental authority, central bank or comparable agency
charged with the interpretation or administration thereof, or compliance by any
Lender (or any lending office of such Lender) or any Lender's holding company
with any request or directive regarding capital adequacy (whether or not having
the force of law) of any such authority, central bank or comparable agency, has
or would have the effect of reducing the rate of return on such Lender's capital
or on the capital of such Lender's holding company, if any, as a consequence of
this Agreement or the Loans made by such Lender pursuant hereto to a level below
that which such Lender or such Lender's holding company could have achieved but
for such applicability, adoption, change or compliance (taking into
consideration such Lender's policies and the policies of such Lender's holding
company with respect to capital adequacy) by an amount deemed by such Lender to
be material, then from time to time the Company shall (or shall cause the
responsible Borrower to) pay to such Lender such additional amount or amounts as
will compensate such Lender or such Lender's holding company for any such
reduction suffered.

     (c) A certificate of a Lender setting forth such amount or amounts as shall
be necessary to compensate such Lender as specified in paragraph (a) or (b)
above, as the case may be, shall be delivered to the Company and shall be
conclusive absent manifest error. The Company shall (or shall cause the
responsible Borrower to) pay each Lender the amount shown as due on any such
certificate delivered by it within 10 days after the receipt of the same.

     (d) Except as provided below in this paragraph (d), failure on the part of
any Lender to demand compensation for any increased costs or reduction in
amounts received or receivable or reduction in return on capital with respect to
any period shall not constitute a waiver of such Lender's right to demand
compensation with respect to such period or any other period. The protection of
this Section shall be available to each Lender regardless of any possible
contention of the invalidity or inapplicability of the law, rule, regulation,
guideline or other change or condition which shall have occurred or been
imposed. No Lender shall be entitled to compensation under this Section 2.13 for
any costs incurred or reductions suffered with respect to any date unless it
shall have notified the Company that it will demand compensation for such costs
or reductions not more than 60 days after the later of (i) such date and (ii)
the date on which it shall have, or should have, become aware of such costs or
reductions.

     SECTION 2.14. Change in Legality. (a) Notwithstanding any other provision
herein, if, after the date hereof, (i) any change in any law or regulation or in
the interpretation thereof by any Governmental Authority charged with the
administration or interpretation thereof shall make it unlawful for any Lender
to make or maintain any Eurocurrency Loan or Alternative Currency Loan or to
give effect to its obligations as contemplated hereby with respect to any
Eurocurrency Loan or Alternative Currency Loan, or (ii) there shall have
occurred any change in national or international financial, political or
economic conditions (including the imposition of or any change in exchange

                                       30
<PAGE>

controls) or currency exchange rates which would make it impracticable for any
Lender to make Loans denominated in such Alternative Currency or to any
Borrower, then, by written notice to the Company and to the Administrative
Agent, such Lender may:

          (i) declare that Eurocurrency Loans or Alternative Currency Loans (in
     the affected currency or currencies or to the affected Borrower), as the
     case may be, will not thereafter (for the duration of such unlawfulness or
     impracticability) be made by such Lender hereunder, whereupon such Lender
     shall not submit a Competitive Bid in response to a request for such
     Alternative Currency Loans or Eurocurrency Competitive Loans and any
     request by a Borrower for a Eurocurrency Standby Borrowing or Alternative
     Currency Borrowing (in the affected currency or currencies or to the
     affected Borrower), as the case may be, shall, as to such Lender only, be
     deemed a request for an ABR Loan or a Loan denominated in Dollars, as the
     case may be, unless such declaration shall be subsequently withdrawn (or,
     if a Loan to the requesting Borrower cannot be made for the reasons
     specified above, such request shall be deemed to have been withdrawn); and

          (ii) require that all outstanding Eurocurrency Loans or Alternative
     Currency Loans (in the affected currency or currencies or to the affected
     Borrower), as the case may be, made by it be converted to ABR Loans
     denominated in Dollars in which event all such Eurocurrency Loans or
     Alternative Currency Loans (in the affected currency or currencies or to
     the affected Borrower) shall be automatically converted to ABR Loans
     denominated in Dollars as of the effective date of such notice as provided
     in paragraph (b) below.

In the event any Lender shall exercise its rights under (i) or (ii) above, all
payments and prepayments of principal which would otherwise have been applied to
repay the Eurocurrency Loans or Alternative Currency Loans, as the case may be,
that would have been made by such Lender or the converted Eurocurrency Loans or
Alternative Currency Loans, as the case may be, of such Lender shall instead be
applied to repay the ABR Loans or Loans denominated in Dollars, as the case may
be, made by such Lender in lieu of, or resulting from the conversion of, such
Eurocurrency Loans or Loans denominated in Dollars, as the case may be. In the
event any Alternative Currency Loan is converted into a Loan denominated in
Dollars pursuant to this Section, (A) the principal amount of such Loan shall be
deemed to be an amount equal to the Assigned Dollar Value of such Alternative
Currency Loan determined based upon the applicable Spot Exchange Rate as of the
Denomination Date for the Borrowing which includes such Alternative Currency
Loan and (B) the applicable Borrower shall indemnify the Lender of such
converted Alternative Currency Loan against any loss it sustains as a result of
such conversion.

     (b) For purposes of this Section 2.14, a notice to the Company by any
Lender shall be effective as to each Eurocurrency Loan, if lawful, on the last
day of the Interest Period currently applicable to such Eurocurrency Loan; in
all other cases such notice shall be effective on the date of receipt by the
Company.

                                       31
<PAGE>

     SECTION 2.15. Indemnity. Each Borrower shall indemnify each Lender against
any loss or reasonable expense which such Lender may sustain or incur as a
consequence of (a) any failure by such Borrower to fulfill on the date of any
borrowing hereunder the applicable conditions set forth in Article IV, (b) any
failure by such Borrower (other than any such failure caused by a default by
such Lender) to borrow or to convert or continue any Loan hereunder after
irrevocable notice of such borrowing, conversion or continuation has been given
pursuant to Section 2.03 or 2.04, (c) any payment, prepayment, conversion or
transfer of a Eurocurrency Loan or Fixed Rate Loan required by any other
provision of this Agreement or otherwise made or deemed made on a date other
than the last day of the Interest Period applicable thereto, (d) any default in
payment or prepayment of the principal amount of any Loan or any part thereof or
interest accrued thereon, as and when due and payable (at the due date thereof,
whether by scheduled maturity, acceleration, irrevocable notice of prepayment or
otherwise) or (e) the assignment of any Eurocurrency Loan other than on the last
day of an Interest Period therefor as a result of a request by the Company
pursuant to Section 2.20(b), including, in each such case, any loss or
reasonable expense sustained or incurred or to be sustained or incurred in
liquidating or employing deposits from third parties acquired to effect or
maintain such Loan or any part thereof as a Eurocurrency Loan or Fixed Rate Loan
but excluding any loss of profit or anticipated profit such as the Applicable
Margin. Such loss or reasonable expense shall include an amount equal to the
excess, if any, as reasonably determined by such Lender, of (i) its cost of
obtaining the funds for the Loan being paid, prepaid, converted, transferred or
not borrowed (assumed to be the LIBO Rate or, in the case of a Fixed Rate Loan,
the fixed rate of interest applicable thereto) for the period from the date of
such payment, prepayment, conversion, transfer or failure to borrow to the last
day of the Interest Period for such Loan (or, in the case of a failure to
borrow, convert or continue, the Interest Period for such Loan which would have
commenced on the date of such failure) over (ii) the amount of interest (as
reasonably determined by such Lender) that would be realized by such Lender in
reemploying the funds so paid, prepaid, converted, transferred or not borrowed
for such period or Interest Period, as the case may be. A certificate of any
Lender setting forth any amount or amounts which such Lender is entitled to
receive pursuant to this Section shall be delivered to the Company and shall be
conclusive absent manifest error.

     SECTION 2.16. Pro Rata Treatment. Except as required under Section 2.14,
each Standby Borrowing, each payment or prepayment of principal of any Standby
Borrowing, each payment of interest on the Standby Loans, each payment of the
Facility Fees and Utilization Fees, each reduction of the Commitments and each
conversion of any Borrowing into, or continuation of, a Standby Borrowing of any
Type, shall be allocated pro rata among the Lenders in accordance with their
respective Commitments (or, if such Commitments shall have expired or been
terminated, in accordance with the respective principal amounts of their
outstanding Standby Loans). Each payment of principal of any Competitive
Borrowing shall be allocated pro rata among the Lenders participating in such
Borrowing in accordance with the respective principal amounts of their
outstanding Competitive Loans

                                       32
<PAGE>

comprising such Borrowing. Each payment of interest on any Competitive Borrowing
shall be allocated pro rata among the Lenders participating in such Borrowing in
accordance with the respective amounts of accrued and unpaid interest on their
outstanding Competitive Loans comprising such Borrowing. For purposes of
determining (i) the aggregate available Commitments of the Lenders at any time
and (ii) the available Commitment of each Lender, each outstanding Competitive
Borrowing shall be deemed to have utilized the Commitments of the Lenders
(including those Lenders which shall not have made Loans as part of such
Competitive Borrowing) pro rata in accordance with such respective Commitments.
Each Lender agrees that in computing such Lender's portion of any Borrowing to
be made hereunder, the Administrative Agent may, in its discretion, round each
Lender's percentage of such Borrowing to the next higher or lower whole Dollar
(or comparable unit of any applicable Alternative Currency) amount.

     SECTION 2.17. Sharing of Setoffs. Each Lender agrees that if it shall,
through the exercise of a right of banker's lien, setoff or counterclaim against
any Borrower, or pursuant to a secured claim under Section 506 of Title 11 of
the United States Code or other security or interest arising from, or in lieu
of, such secured claim, received by such Lender under any applicable bankruptcy,
insolvency or other similar law or otherwise, or by any other means, obtain
payment (voluntary or involuntary) in respect of any Standby Loan or Standby
Loans as a result of which the unpaid principal portion of its Standby Loans
shall be proportionately less than the unpaid principal portion of the Standby
Loans of any other Lender, it shall be deemed simultaneously to have purchased
from such other Lender at face value, and shall promptly pay to such other
Lender the purchase price for, a participation in the Standby Loans of such
other Lender, so that the aggregate unpaid principal amount of the Standby Loans
and participations in the Standby Loans held by each Lender shall be in the same
proportion to the aggregate unpaid principal amount of all Standby Loans then
outstanding as the principal amount of its Standby Loans prior to such exercise
of banker's lien, setoff or counterclaim or other event was to the principal
amount of all Standby Loans outstanding prior to such exercise of banker's lien,
setoff or counterclaim or other event; provided, however, that, if any such
purchase or purchases or adjustments shall be made pursuant to this Section 2.17
and the payment giving rise thereto shall thereafter be recovered, such purchase
or purchases or adjustments shall be rescinded to the extent of such recovery
and the purchase price or prices or adjustment restored without interest. Each
Borrower expressly consents to the foregoing arrangements and agrees that any
Lender holding a participation in a Standby Loan deemed to have been so
purchased may exercise any and all rights of banker's lien, setoff or
counterclaim with respect to any and all moneys owing by such Borrower to such
Lender by reason thereof as fully as if such Lender had made a Standby Loan
directly to such Borrower in the amount of such participation.

     SECTION 2.18. Payments. (a) Each Borrower shall make each payment
(including principal of or interest on any Borrowing or any Fees or other
amounts) hereunder and under each other Loan Document not later than 12:00 noon,
local time at the place of payment, on the date when due in immediately
available funds. Each such payment shall be made to the Administrative Agent at
its offices at 270 Park Avenue, New York, New York. Each such payment (other
than principal of and interest on Alternative Currency Loans, which shall be
made in the applicable Alternative Currency) shall be made in Dollars.

                                       33
<PAGE>

     (b) Whenever any payment (including principal of or interest on any
Borrowing or any Fees or other amounts) hereunder or under any other Loan
Document shall become due, or otherwise would occur, on a day that is not a
Business Day, such payment may be made on the next succeeding Business Day, and
such extension of time shall in such case be included in the computation of
interest or Fees, if applicable.

     SECTION 2.19. Taxes. (a) Any and all payments by or on account of any
obligation of each Borrower to or for the account of any Lender or the
Administrative Agent hereunder shall be made, in accordance with Section 2.18,
free and clear of and without deduction for any and all current or future taxes,
levies, imposts, deductions, charges or withholdings, and all liabilities with
respect thereto, excluding (i) income taxes imposed on the net income of the
Administrative Agent or any Lender (or any transferee or assignee thereof,
including a participation holder (any such individual or entity, a
"Transferee")), franchise and gross margin taxes imposed in lieu of tax on the
net income of the Administrative Agent or any Lender (or Transferee), in each
case by the jurisdiction under the laws of which the Administrative Agent or
such Lender (or Transferee) is organized, domiciled, resident or doing business
or any political subdivision thereof and, in the case of any Lender (or
Transferee), in which its applicable lending office is located, and (ii) any
branch profits tax imposed by the United States or any similar tax imposed by
any other jurisdiction described in clause (i) above on any Lender, any
Transferee or the Administrative Agent (all such nonexcluded taxes, levies,
imposts, deductions, charges, withholdings and liabilities, collectively or
individually, "Taxes"). If any Borrower shall be required to deduct any Taxes
from or in respect of any sum payable hereunder to any Lender (or any
Transferee) or the Administrative Agent, (i) the sum payable shall be increased
by the amount (an "additional amount") necessary so that after making all
required deductions (including deductions applicable to additional sums payable
under this Section 2.19) such Lender (or Transferee) or the Administrative Agent
(as the case may be) shall receive an amount equal to the sum it would have
received had no such deductions been made, (ii) each Borrower shall make such
deductions and (iii) each Borrower shall pay the full amount deducted to the
relevant Governmental Authority in accordance with applicable law.

     (b) In addition, each Borrower agrees to bear and to pay to the relevant
Governmental Authority in accordance with applicable law any current or future
recording, stamp, documentary, excise, transfer, sales, property or similar
taxes, charges or levies that arise from any payment made hereunder or from the
execution, delivery or registration of, or otherwise with respect to, this
Agreement or any other Loan Document ("Other Taxes").

     (c) The Borrowers will indemnify each Lender (or Transferee) and the
Administrative Agent, within 10 days after written demand therefor, for the full
amount of Taxes and Other Taxes paid by such Lender (or Transferee) or the
Administrative Agent, as the case may be, on or with respect to any payment by
or on account of any obligation of any Borrower hereunder or under any other
Loan Document (including Taxes or Other Taxes imposed or asserted on or
attributable to amounts payable under this Section) and any liability and any
penalties, interest and expenses (including reasonable attorney's fees and
expenses) arising therefrom or with respect thereto,

                                       34
<PAGE>

whether or not such Taxes or Other Taxes were correctly or legally asserted by
the relevant Governmental Authority except if incurred as a result of the gross
negligence or willful misconduct of the recipient. A certificate as to the
amount of such payment or liability prepared by a Lender, or the Administrative
Agent on its behalf, absent manifest error, shall be final, conclusive and
binding for all purposes.

     (d) If a Lender (or Transferee) or the Administrative Agent shall become
aware that it is entitled to claim a refund from a Governmental Authority in
respect of Taxes or Other Taxes as to which it has been indemnified by a
Borrower, or with respect to which any Borrower has paid additional amounts,
pursuant to this Section 2.19, it shall promptly notify the Company of the
availability of such refund claim and shall, within 30 days after receipt of a
request by the Company, make a claim to such Governmental Authority for such
refund at the Company's expense. If a Lender (or Transferee) or the
Administrative Agent receives a refund (including pursuant to a claim for refund
made pursuant to the preceding sentence) in respect of any Taxes or Other Taxes
as to which it has been indemnified by a Borrower or with respect to which any
Borrower has paid additional amounts pursuant to this Section 2.19, it shall
within 30 days from the date of such receipt pay over such refund to the Company
(but only to the extent of indemnity payments made, or additional amounts paid,
by such Borrower under this Section 2.19 with respect to the Taxes or Other
Taxes giving rise to such refund), net of all out-of-pocket expenses of such
Lender (or Transferee) or the Administrative Agent and without interest (other
than interest paid by the relevant Governmental Authority with respect to such
refund); provided, however, that the Company, upon the request of such Lender
(or Transferee) or the Administrative Agent, agrees to (or to cause the
responsible Borrower to) repay the amount paid over to the Company (plus
penalties, interest or other charges imposed by the relevant Governmental
Authority) to such Lender (or Transferee) or the Administrative Agent in the
event such Lender (or Transferee) or the Administrative Agent is required to
repay such refund to such Governmental Authority.

     (e) As soon as practicable after the date of any payment of Taxes or Other
Taxes by any Borrower to the relevant Governmental Authority, the Company will
deliver to the Administrative Agent, at its address referred to in Section
10.01, the original or a certified copy of a receipt issued by such Governmental
Authority evidencing payment thereof.

     (f) Without prejudice to the survival of any other agreement contained
herein, the agreements and obligations contained in this Section 2.19 shall
survive the payment in full of the principal of and interest on all Loans made
hereunder.

     (g) Each Lender (or Transferee) or other person entitled to the benefit of
this Section 2.19 that is organized under the laws of a jurisdiction other than
the United States, any State thereof or the District of Columbia (a "Non-U.S.
Lender") shall deliver to the Company and the Administrative Agent two copies of
either United States Internal Revenue Service Form W-8BEN or Form W-8ECI (or
successor form), or, in the case of a Non-U.S. Lender claiming exemption from
U.S. Federal withholding tax under Section 871(h) or 881(c) of the Code with
respect to payments of "portfolio interest", a Form W-8BEN, or any subsequent
versions thereof or successors thereto (and, if such

                                       35
<PAGE>

Non-U.S. Lender delivers a Form W-8BEN, a certificate representing that such
Non-U.S. Lender is not a bank for purposes of Section 881(c) of the Code, is not
a 10-percent shareholder (within the meaning of Section 871(h)(3)(B) of the
Code) of the Company and is not a controlled foreign corporation related to the
Company (within the meaning of Section 864(d)(4) of the Code)), properly
completed and duly executed by such Non-U.S. Lender claiming complete exemption
from, or reduced rate of, U.S. Federal withholding tax on payments by the
Borrowers under this Agreement and the other Loan Documents. Such forms shall be
delivered by each Non-U.S. Lender on or before the date it becomes a party to
this Agreement (or, in the case of a Transferee that is a participation holder,
on or before the date such participation holder becomes a Transferee hereunder)
and on or before the date, if any, such Non-U.S. Lender changes its applicable
lending office by designating a different lending office (a "New Lending
Office"). In addition, each Non-U.S. Lender shall deliver such forms promptly
upon the obsolescence or invalidity of any form previously delivered by such
Non-U.S. Lender. Notwithstanding any other provision of this Section 2.19(g), a
Non-U.S. Lender shall not be required to deliver any form pursuant to this
Section 2.19(g) that such Non-U.S. Lender is not legally able to deliver.

     (h) None of the Borrowers shall be required to indemnify any Non-U.S.
Lender, or to pay any additional amounts to any Non-U.S. Lender, in respect of
United States Federal withholding tax pursuant to paragraph (a) or (c) above to
the extent that (i) the obligation to withhold amounts with respect to United
States Federal withholding tax existed on the date such Non-U.S. Lender became a
party to this Agreement (or, in the case of a Transferee that is a participation
holder, on the date such participation holder became a Transferee hereunder) or,
with respect to payments to a New Lending Office, the date such Non-U.S. Lender
designated such New Lending Office with respect to a Loan; provided, however,
that this clause (i) shall not apply to any Transferee or New Lending Office
that becomes a Transferee or New Lending Office as a result of an assignment,
participation, transfer or designation made at the request of the Company; and
provided further, however, that this clause (i) shall not apply to the extent
the indemnity payment or additional amounts any Transferee, or Lender (or
Transferee) through a New Lending Office, would be entitled to receive (without
regard to this clause (i)) do not exceed the indemnity payment or additional
amounts that the person making the assignment, participation or transfer to such
Transferee, or Lender (or Transferee) making the designation of such New Lending
Office, would have been entitled to receive in the absence of such assignment,
participation, transfer or designation or (ii) the obligation to pay such
additional amounts would not have arisen but for a failure by such Non-U.S.
Lender to comply with the provisions of paragraph (g) above without taking into
account the last sentence of that paragraph.

     (i) Any Lender (or Transferee) claiming any indemnity payment or additional
amounts payable pursuant to this Section 2.19 shall use reasonable efforts
(consistent with legal and regulatory restrictions) to file any certificate or
document reasonably requested in writing by the Company or to change the
jurisdiction of its applicable lending office if the making of such a filing or
change would avoid the need for or reduce the amount of any such indemnity
payment or additional amounts that may

                                       36
<PAGE>

thereafter accrue and would not, in the sole determination of such Lender (or
Transferee), be otherwise disadvantageous to such Lender (or Transferee).

     (j) Nothing contained in this Section 2.19 shall require any Lender (or
Transferee) or the Administrative Agent to make available any of its tax returns
(or any other information that it deems to be confidential or proprietary).

     (k) Each Lender (or Transferee) and other person entitled to the benefits
of this Section 2.19 that is neither a Non-U.S. Lender nor an "exempt
recipient," within the meaning of Treasury Regulations section 1.6049-4(c),
shall provide the Borrower and the Administrative Agent two properly completed
and executed original copies of Internal Revenue Service Form W-9 (or any
successor form). Such form shall be delivered on or before the date such Lender
or other person becomes a party to this Agreement (or, in the case of a
Transferee that is a participation holder, on or before the date such
participation holder becomes a Transferee hereunder).

     SECTION 2.20. Assignment of Commitments Under Certain Circumstances. (a)
Any Lender (or Transferee) claiming any additional amounts payable pursuant to
Section 2.13, Section 2.19 or Section 2.22 shall use reasonable efforts
(consistent with legal and regulatory restrictions) to file any certificate or
document requested by the Company or to change the jurisdiction of its
applicable lending office if the making of such a filing or change would avoid
the need for or reduce the amount of any such additional amounts which may
thereafter accrue and would not, in the judgment of such Lender, be otherwise
disadvantageous to such Lender (or Transferee).

     (b) In the event that any Lender shall have delivered a notice or
certificate pursuant to Section 2.13 or 2.14, or the Borrowers shall be required
to make additional payments to any Lender under Section 2.19 or Section 2.22,
the Company shall have the right, at its own expense, upon notice to such Lender
and the Administrative Agent, to require such Lender to transfer and assign
without recourse (in accordance with and subject to the restrictions contained
in Section 10.04) all its interests, rights and obligations under this Agreement
to another financial institution acceptable to the Administrative Agent which
shall assume such obligations; provided that (i) no such assignment shall
conflict with any law, rule or regulation or order of any Governmental Authority
(ii) no Event of Default shall have occurred and be continuing and (iii) the
Company or the assignee, as the case may be, shall pay to the affected Lender in
immediately available funds on the date of such assignment the principal of and
interest accrued to the date of payment on the Loans made by it hereunder and
all other amounts accrued for its account or owed to it hereunder.

     SECTION 2.21. Borrowings by Approved Borrowers. The Company may, at any
time or from time to time, designate one or more wholly owned Subsidiaries as
Borrowers hereunder by furnishing to the Administrative Agent a letter (a
"Designation Letter") substantially in the form of Exhibit F-1 hereto, duly
completed and executed by the Company and such Subsidiary, whereupon each
Subsidiary so designated shall become an Approved Borrower. As soon as
practicable upon receipt of any such

                                       37
<PAGE>

Designation Letter, the Administrative Agent shall send a copy thereof to each
Lender. There may be no more than ten Approved Borrowers at any one time. So
long as all principal and interest on all Loans of any Approved Borrower have
been paid in full, the Company may terminate an Approved Borrower's status as an
Approved Borrower by furnishing to the Administrative Agent a letter (a
"Termination Letter"), substantially in the form of Exhibit F-2 hereto, duly
completed and executed by the Company and such Approved Borrower. Any
Termination Letter furnished in accordance with this Section 2.21 shall be
effective upon receipt by the Administrative Agent. Notwithstanding the
foregoing, the delivery of a Termination Letter with respect to any Approved
Borrower shall not affect any obligation of such Approved Borrower theretofore
incurred. Each Subsidiary set forth in Schedule 2.21 shall be deemed an Approved
Borrower until delivery of a Termination Letter with respect to such Subsidiary.
Notwithstanding any other provision herein, no Lender shall be required to make
any Loan to an Approved Borrower if any applicable law or regulation shall make
it unlawful for any such Lender to make or maintain any such Loan.

     SECTION 2.22. Additional Costs. (a) If and so long as any Lender is
required to make special deposits with the Bank of England, to maintain reserve
asset ratios or to pay fees, in each case in respect of such Lender's
Eurocurrency Loans in any Alternative Currency, such Lender may require the
relevant Borrower to pay, contemporaneously with each payment of interest on
each of such Loans, additional interest on such Loan at a rate per annum equal
to the Mandatory Costs Rate calculated in accordance with the formula and in the
manner set forth in Exhibit D hereto.

     (b) If and so long as any Lender is required to comply with reserve assets,
liquidity, cash margin or other requirements of any monetary or other authority
(including any such requirement imposed by the European Central Bank or the
European System of Central Banks, but excluding requirements reflected in the
Statutory Reserve Rate or the Mandatory Costs Rate) in respect of any of such
Lender's Eurocurrency Loans in any Alternative Currency, such Lender may require
the relevant Borrower to pay, contemporaneously with each payment of interest on
each of such Lender's Eurocurrency Loans subject to such requirements,
additional interest on such Loan at a rate per annum specified by such Lender to
be the cost to such Lender of complying with such requirements in relation to
such Loan.

     (c) Any additional interest owed pursuant to paragraph (a) or (b) above
shall be determined by the relevant Lender, which determination shall be
conclusive absent manifest error, and notified to the relevant Borrower (with a
copy to the Administrative Agent) at least five Business Days before each date
on which interest is payable for the relevant Loan, and such additional interest
so notified to the relevant Borrower by such Lender shall be payable to the
Administrative Agent for the account of such Lender on each date on which
interest is payable for such Loan.

     (d) If the cost to any Lender of making or maintaining any Loan to any
Borrower is increased (or the amount of any sum received or receivable by any
Lender (or its applicable lending office) is reduced) by an amount deemed in
good faith by such Lender to be material, by reason of the fact that such
Borrower is incorporated in, or

                                       38
<PAGE>

conducts business in, a jurisdiction outside the United States of America, such
Borrower shall indemnify such Lender for such increased cost or reduction within
15 days after demand by such Lender (with a copy to the Administrative Agent). A
certificate of such Lender claiming compensation under this paragraph and
setting forth the additional amount or amounts to be paid to it hereunder (and
the basis for the calculation of such amount or amounts) shall be conclusive in
the absence of manifest error.

                                   ARTICLE III

                         Representations and Warranties

     Part A. Representations and Warranties of the Company. The Company
represents and warrants to each of the Lenders that:

     SECTION 3.01. Corporate Existence. Each of the Company and its
Subsidiaries: (a) is a corporation, partnership or other entity duly organized,
validly existing and in good standing under the laws of the jurisdiction of its
organization; (b) has all requisite corporate or other power, and has all
material governmental licenses, authorizations, consents and approvals necessary
to own its assets and carry on its business as now being or as proposed to be
conducted; and (c) is qualified to do business and is in good standing in all
jurisdictions in which the nature of the business conducted by it makes such
qualification necessary and where failure so to qualify could (either
individually or in the aggregate) have a Material Adverse Effect.

     SECTION 3.02. Financial Condition. The Company has heretofore furnished to
each of the Lenders a consolidated balance sheet of the Company and its
Subsidiaries as at December 31, 2006, and the related consolidated statements of
income, cash flows and changes in shareholders' equity of the Company and its
Subsidiaries for the fiscal year ended on such date, with the opinion thereon of
PricewaterhouseCoopers LLP, and the unaudited consolidated balance sheet of the
Company and its Subsidiaries as at June 30, 2007, and the related consolidated
statements of income and cash flows of the Company and its Subsidiaries for the
six-month period ended on such date. All such financial statements present
fairly, in all material respects, the consolidated financial condition of the
Company and its Subsidiaries as at such dates and the consolidated results of
their operations for the fiscal year and six-month period ended on such dates
(subject, in the case of the financial statements as at June 30, 2007, to normal
year-end audit adjustments), all in accordance with generally accepted
accounting principles and practices applied on a consistent basis. None of the
Company nor any of its Subsidiaries has on the date hereof any material
contingent liabilities, liabilities for taxes, unusual forward or long-term
commitments or unrealized or anticipated losses from any unfavorable
commitments, except as referred to or reflected or provided for in the balance
sheets as at such dates or the notes thereto. Since December 31, 2006, there has
been no Material Adverse Change.

                                       39
<PAGE>

     SECTION 3.03. Litigation. Except as disclosed in note 10 of the audited
annual consolidated financial statements of the Company included in the
Company's Form 10-K for the fiscal year ended December 31, 2006, and in the
notes to the unaudited quarterly consolidated financial statements of the
Company included in the Company's Form 10-Q for the fiscal quarter ended June
30, 2007, filed with the Securities and Exchange Commission, there are no legal
or arbitral proceedings, or any proceedings by or before any Governmental
Authority, now pending or (to the knowledge of the Company) threatened against
the Company or any of its Subsidiaries that is materially likely to be adversely
determined and which, if adversely determined could (either individually or in
the aggregate) have a Material Adverse Effect.

     SECTION 3.04. No Breach. None of the execution and delivery of this
Agreement, the consummation of the transactions herein contemplated or
compliance with the terms and provisions hereof will conflict with or result in
a breach of, or require any consent under, the charter or by-laws of the
Company, or any applicable law or regulation, or any order, writ, injunction or
decree of any court or Governmental Authority, or any material agreement or
instrument to which the Company or any of its Subsidiaries is a party or by
which any of them or any of their assets or properties is bound or to which any
of them is subject, or constitute a default under any such agreement or
instrument.

     SECTION 3.05. Action. The Company has all necessary corporate power,
authority and legal right to execute, deliver and perform its obligations under
this Agreement; the execution, delivery and performance by the Company of this
Agreement has been duly authorized by all necessary corporate action on its part
(including, without limitation, any required shareholder approvals); and this
Agreement has been duly and validly executed and delivered by the Company and
constitutes its legal, valid and binding obligation, enforceable against the
Company in accordance with its terms, except as such enforceability may be
limited by (a) bankruptcy, insolvency, reorganization, moratorium or similar
laws of general applicability affecting the enforcement of creditors' rights and
(b) the application of general principles of equity (regardless of whether such
enforceability is considered in a proceeding in equity or at law).

     SECTION 3.06. Approvals. No authorizations, approvals or consents of, and
no filings or registrations with, any Governmental Authority, or any securities
exchange, are necessary for the execution, delivery or performance by the
Company of this Agreement or for the legality, validity or enforceability
hereof.

     SECTION 3.07. Use of Credit. None of the Company nor any of its
Subsidiaries is engaged principally, or as one of its important activities, in
the business of extending credit for the purpose, whether immediate, incidental
or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of
the Loans hereunder will be used to buy or carry any Margin Stock.

     SECTION 3.08. ERISA. Each Plan, and, to the knowledge of the Company, each
Multiemployer Plan, is in compliance in all material respects with, and has been
administered in all material respects in compliance with, the applicable

                                       40
<PAGE>

provisions of ERISA, the Code and any other Federal or state law, and, except as
previously notified in writing in a notice to the Administrative Agent (which
shall promptly deliver a copy to each of the Lenders), no event or condition has
occurred and is continuing as to which the Company would be under an obligation
to furnish a report to the Lenders under Section 5.06 hereof.

     SECTION 3.09. Taxes. As of the date hereof, the Company and its Domestic
Subsidiaries are members of an affiliated group of corporations filing a
consolidated return for Federal income tax purposes, of which the Company is the
"common parent" (within the meaning of Section 1504 of the Code) of such group.
The Company and its Subsidiaries have filed all Federal income tax returns and
all other material tax returns that are required to be filed by them and have
paid, accrued or reserved all taxes due pursuant to such returns or pursuant to
any assessment received by the Company or any of its Subsidiaries. The charges,
accruals and reserves on the books of the Company and its Subsidiaries in
respect of taxes and other governmental charges are, in the opinion of the
Company, adequate. The Company has in the ordinary course of business given
extensions or waivers of the statutes of limitations relating to payment of U.S.
Federal taxes and relating to various state, local and foreign taxes or
impositions, none of which might reasonably be expected to result in a Material
Adverse Effect.

     SECTION 3.10. Investment Company Act. Neither the Company nor any of its
Subsidiaries is an "investment company", or a company "controlled" by an
"investment company", within the meaning of the Investment Company Act of 1940,
as amended.

     SECTION 3.11. Material Agreements and Liens. (a) Part A of Schedule 3.11
hereto is a complete and correct list, as of the date hereof, of each credit
agreement, loan agreement, indenture, guarantee, letter of credit or other
arrangement providing for or otherwise relating to any Indebtedness or any
extension of credit (or commitment for any extension of credit) to, or
guaranteed by, the Company or any of its Subsidiaries, the aggregate principal
or face amount of which equals or exceeds (or may equal or exceed) $5,000,000,
and the aggregate principal or face amount outstanding or that may become
outstanding under each such arrangement is correctly described in Part A of such
Schedule 3.11.

     (b) Part B of Schedule 3.11 hereto is a complete and correct list, as of
the date hereof, of each Lien securing Indebtedness of any person, the aggregate
principal or face amount of which equals or exceeds (or may equal or exceed)
$5,000,000 and covering any property of the Company or any of its Subsidiaries,
and the aggregate Indebtedness secured (or that may be secured) by each such
Lien and the property covered by each such Lien is correctly described in Part B
of such Schedule 3.11.

     SECTION 3.12. Environmental Matters. (a) Except as disclosed in the notes
to the unaudited quarterly consolidated financial statements of the Company
included in the Company's Form 10-Q for the fiscal quarter ended June 30, 2007,
filed with the Securities and Exchange Commission and except with respect to any
other matters that, individually or in the aggregate, could not reasonably be
expected to result

                                       41
<PAGE>

in a Material Adverse Effect, neither the Company nor any of its Subsidiaries
(i) has failed to comply with any Environmental Law or to obtain, maintain or
comply with any permit, license or other approval required under any
Environmental Law, (ii) has become subject to any Environmental Liability, (iii)
has received notice of any claim with respect to any Environmental Liability or
(iv) knows of any basis for any Environmental Liability.

     (b) Except as disclosed in writing to the Administrative Agent (which shall
promptly deliver a copy to each of the Lenders), there has been no change in the
status of any matters relating to compliance with Environmental Laws that are
disclosed in the notes to the unaudited quarterly consolidated financial
statements of the Company included in the Company's Form 10-Q for the fiscal
quarter ended June 30, 2007, filed with the Securities and Exchange Commission
that, individually or in the aggregate, has resulted in, or materially increased
the likelihood of, a Material Adverse Effect.

     SECTION 3.13. Subsidiaries, etc. Set forth in Schedule 3.13 hereto is a
complete and correct list, as of the date hereof, of all of the Subsidiaries of
the Company, together with, for each such Subsidiary, (i) the jurisdiction of
organization of such Subsidiary, (ii) each person holding ownership interests in
such Subsidiary and (iii) the nature of the ownership interests held by each
such person and the percentage of ownership of such Subsidiary represented by
such ownership interests.

     SECTION 3.14. True and Complete Disclosure. The information, reports,
financial statements, exhibits and schedules furnished in writing by or on
behalf of the Company to the Administrative Agent or any Lender in connection
with the negotiation, preparation or delivery of this Agreement or included
herein or delivered pursuant hereto, when taken as a whole, do not contain any
untrue statement of material fact or omit to state any material fact necessary
to make the statements herein or therein, in light of the circumstances under
which they were made, not misleading. All written information furnished after
the date hereof by the Company and its Subsidiaries to the Administrative Agent
and the Lenders in connection with this Agreement and the transactions
contemplated hereby will be true, complete and accurate in every material
respect, or (in the case of projections) based on reasonable estimates, on the
date as of which such information is stated or certified. There is no fact known
to the Company that could reasonably be expected to have a Material Adverse
Effect that has not been disclosed herein or in a report, financial statement,
exhibit, schedule, disclosure letter or other writing furnished to the Lenders
(or to the Administrative Agent for distribution to the Lenders) for use in
connection with the transactions contemplated hereby.

     Part B. Representations and Warranties of the Approved Borrowers. Each
Approved Borrower represents and warrants to each of the Lenders as set forth in
Sections 3.15, 3.16, 3.17, 3.18 and 3.19 that:

     SECTION 3.15. Corporate Existence of Approved Borrower. It and each of its
Subsidiaries: (a) is a corporation, partnership or other entity duly organized,
validly existing and in good standing under the laws of the jurisdiction of its
organization; (b) has all requisite corporate or other power, and has all
material governmental licenses,

                                       42
<PAGE>

authorizations, consents and approvals necessary to own its assets and carry on
its business as now being or as proposed to be conducted; and (c) is qualified
to do business and is in good standing in all jurisdictions in which the nature
of the business conducted by it makes such qualification necessary and where
failure so to qualify would have a Material Adverse Effect.

     SECTION 3.16. No Breach. None of the execution and delivery of its
Designation Letter and this Agreement, the consummation of the transactions
therein and herein contemplated and compliance with the terms and provisions
thereof and hereof will conflict with or result in a breach of, or require any
consent under, the charter or by-laws or other organizational documents of such
Approved Borrower, or any applicable law or regulation, or any order, writ,
injunction or decree of any court or Governmental Authority or agency, or any
material agreement or instrument to which such Approved Borrower or any of its
Subsidiaries is a party or by which any of them or their assets or properties is
bound or to which any of them is subject, or constitute a default under any such
agreement or instrument.

     SECTION 3.17. Action. Such Approved Borrower has all necessary corporate or
other power and authority to execute, deliver and perform its obligations under
its Designation Letter and this Agreement, and to perform its obligations
hereunder and thereunder; the execution and delivery by such Approved Borrower
of its Designation Letter and the performance by such Approved Borrower hereof
and thereof have been duly authorized by all necessary corporate or other action
on its part (including, without limitation, any required shareholder approvals);
and its Designation Letter, when executed and delivered by such Approved
Borrower, will constitute the legal, valid and binding obligation of such
Approved Borrower, enforceable against such Approved Borrower in accordance with
its terms, except as such enforceability may be limited by (a) bankruptcy,
insolvency, reorganization, moratorium or similar laws of general applicability
affecting the enforcement of creditors' rights and (b) the application of
general principles of equity (regardless of whether such enforceability is
considered in a proceeding in equity or at law).

     SECTION 3.18. Approvals. No authorizations, approvals or consents of, and
no filings or registrations with, any Governmental Authority are necessary for
the execution, delivery or performance by such Approved Borrower of its
Designation Letter or this Agreement or for the validity or enforceability
thereof.

     SECTION 3.19. Taxes on Payments of Approved Borrowers. Except as disclosed
to the Lenders in writing prior to the delivery of such Approved Borrower's
Designation Letter, there is no income, stamp or other tax of any country, or of
any taxing authority thereof or therein, imposed by or in the nature of
withholding or otherwise, which is imposed on any payment to be made by such
Approved Borrower pursuant hereto, or is imposed on or by virtue of the
execution, delivery or enforcement of its Designation Letter or this Agreement.

                                       43
<PAGE>

                                   ARTICLE IV

                     Conditions of Effectiveness and Lending

     SECTION 4.01. Effective Date. The obligations of the Lenders under this
Agreement shall not become effective until the date on which each of the
following conditions shall have been satisfied (or waived in accordance with
Section 10.08):

          (a) The Administrative Agent (or its counsel) shall have received from
     each party hereto either (i) a counterpart of this Agreement signed on
     behalf of such party or (ii) written evidence satisfactory to the
     Administrative Agent (which may include telecopy transmission of a signed
     signature page of this Agreement) that such party has signed a counterpart
     of this Agreement.

          (b) The Administrative Agent shall have received written opinions
     (each dated as of the Effective Date and addressed to the Administrative
     Agent and the Lenders) of (i) the general counsel of the Company,
     substantially in the form of Exhibit E-1 hereto and (ii) Jones, Day, Reavis
     & Pogue, counsel for the Company, substantially in the form of Exhibit E-2
     hereto. The Company hereby requests such counsel to deliver such opinions.

          (c) The Administrative Agent shall have received (i) a copy of the
     certificate or articles of incorporation (or such other analogous
     documents), including all amendments thereto, of the Company, certified as
     of a recent date by the Secretary of State of Delaware, and a certificate
     as to the good standing of the Company as of a recent date, from the
     Secretary of State of Delaware; (ii) a certificate of the Secretary or
     Assistant Secretary of the Company dated the Effective Date certifying (A)
     that attached thereto is a true and complete copy of the by-laws of the
     Company as in effect on the Effective Date and at all times since a date
     prior to the date of the resolutions of the Company described in item (B)
     below, (B) that attached thereto is a true and complete copy of resolutions
     adopted by the Board of Directors of the Company authorizing the execution,
     delivery and performance of this Agreement and the borrowings hereunder by
     the Company, and that such resolutions have not been modified, rescinded or
     amended and are in full force and effect, (C) that the certificate or
     articles of incorporation of the Company have not been amended since the
     date of the last amendment thereto shown on the certificate of good
     standing furnished pursuant to clause (i) above, and (D) as to the
     incumbency and specimen signature of each officer of the Company executing
     this Agreement or any other document delivered in connection herewith;
     (iii) a certificate of another officer of the Company as to the incumbency
     and signature of the Secretary or such Assistant Secretary of the Company
     executing the certificate pursuant to (ii) above; and (iv) such other
     documents as the Lenders or counsel for the Administrative Agent may
     reasonably request.

          (d) The Administrative Agent shall have received a certificate of the
     Company, dated the Effective Date and signed by a Financial Officer of

                                       44
<PAGE>

     the Company, confirming compliance with the conditions precedent set forth
     in paragraphs (b) and (c) of Section 4.03.

          (e) The Administrative Agent shall have received all fees and other
     amounts due and payable on or prior to such date.

The Administrative Agent shall notify the Company and the Lenders of the
Effective Date, and such notice shall be conclusive and binding. Notwithstanding
the foregoing and any other provision herein to the contrary, the obligations of
the Lenders to make Loans to any Borrower hereunder shall not become effective
unless each of the foregoing conditions is satisfied (or waived pursuant to
Section 10.08) at or prior to 2:00 p.m., New York City time, on November 30,
2007 (and, in the event such conditions are not so satisfied or waived, the
Commitments shall terminate at such time).

     SECTION 4.02. First Borrowing by Each Approved Borrower. On the date of any
Approved Borrower's initial Borrowing hereunder, the obligations of the Lenders
to make Loans to such Approved Borrower are subject to the satisfaction of (or
waiver in accordance with Section 10.08 of) each of the conditions set forth in
Section 4.01 and the following further conditions:

          (a) The Administrative Agent shall have received a favorable written
     opinion of the general counsel of such Approved Borrower dated as of a
     recent date and addressed to the Lenders, to the effect set forth in
     Exhibit E-1 hereto, subject to necessary changes to reflect local law.

          (b) The Administrative Agent shall have received (i) a copy of the
     certificate or articles of incorporation (or such other analogous
     documents), including all amendments thereto, of such Approved Borrower,
     certified as of a recent date by the Secretary of State (or other
     appropriate Governmental Authority) of the state (or country) of its
     organization or such other evidence as is reasonably satisfactory to the
     Administrative Agent, and a certificate as to the good standing (or other
     analogous certification to the extent available) of such Approved Borrower
     as of a recent date, from such Secretary of State (or other appropriate
     Governmental Authority) or such other evidence reasonably acceptable to the
     Administrative Agent; (ii) a certificate of the Secretary or Assistant
     Secretary of such Approved Borrower dated the date on which such Loans are
     to be made and certifying (A) that attached thereto is a true and complete
     copy of the by-laws (or such other analogous documents to the extent
     available) of such Approved Borrower as in effect on the date of such
     certificate and at all times since a date prior to the date of the
     resolution of such Approved Borrower described in item (B) below, (B) that
     attached thereto is a true and complete copy of resolutions adopted by the
     Board of Directors of such Approved Borrower authorizing the execution,
     delivery and performance of the Designation Letter delivered by such
     Approved Borrower and the borrowings hereunder by such Approved Borrower,
     and that such resolutions have not been modified, rescinded or amended and
     are in full force and effect, (C) that the certificate or articles of
     incorporation (or other analogous documents) of such Approved

                                       45
<PAGE>

     Borrower have not been amended since the date of the last amendment thereto
     shown on the certificate of good standing (or other analogous certification
     or such other evidence reasonably acceptable to the Administrative Agent)
     furnished pursuant to clause (i) above, and (D) as to the incumbency and
     specimen signature of each officer of such Approved Borrower executing the
     Designation Letter delivered by such Approved Borrower or any other
     document delivered in connection herewith or therewith; (iii) a certificate
     of another officer of such Approved Borrower as to the incumbency and
     signature of the Secretary or such Assistant Secretary of such Approved
     Borrower executing the certificate pursuant to (ii) above; and (iv) such
     other documents as the Lenders or counsel for the Administrative Agent, may
     reasonably request.

          (c) The Administrative Agent shall have received (with sufficient
     copies for each Lender) a Designation Letter, duly executed by such
     Approved Borrower and the Company and acknowledged by the Administrative
     Agent.

          (d) The Administrative Agent shall have received a certificate of each
     of the Borrowers, dated such date and signed, in the case of the Company,
     by a Financial Officer of the Company, and in the case of the Borrowers
     other than the Company, a Responsible Officer of such Borrower, confirming
     compliance with the conditions precedent set forth in paragraphs (b) and
     (c) of Section 4.03.

     Upon the satisfaction of the conditions precedent set forth in this Section
4.02, such Approved Borrower shall become a Borrower hereunder with the same
force and effect as if originally named as a Borrower hereunder. The rights and
obligations of each Borrower hereunder shall remain in full force and effect
notwithstanding the addition of any new Borrower as a party to this Agreement.

     SECTION 4.03. All Borrowings. On the date of each Borrowing (it being
understood that a continuation, conversion or other change in interest rate
pursuant to Section 2.05 shall not be subject to this Section 4.03), the
obligations of the Lenders to make the Loans comprising such Borrowing are
subject to the satisfaction of the following conditions:

          (a) The Administrative Agent shall have received a notice of such
     Borrowing as required by Section 2.03 or Section 2.04, as applicable.

          (b) The representations and warranties set forth in Article III hereof
     shall be true and correct in all material respects on and as of the date of
     such Borrowing with the same effect as though made on and as of such date,
     except to the extent such representations and warranties expressly relate
     to an earlier date; provided, however, that no representation as to either
     (i) the absence of any Material Adverse Change in the financial condition
     of the Company, as provided in the last sentence of Section 3.02, or (ii)
     the absence of any pending or threatened legal or arbitral proceedings, or
     any proceedings by or before any Governmental Authority, that could have a
     Material Adverse Effect on the Company, as provided in Section 3.03, shall
     be required as a condition to any Borrowing

                                       46
<PAGE>

     following the Effective Date.

          (c) Each Borrower shall be in compliance with all the terms and
     provisions set forth herein and in each other Loan Document on its part to
     be observed or performed, and at the time of and immediately after giving
     effect to such Borrowing no Event of Default or Default shall have occurred
     and be continuing.

Each Borrowing shall be deemed to constitute a representation and warranty by
the Borrowers on the date of such Borrowing as to the matters specified in
paragraphs (b) and (c) of this Section 4.03.

                                    ARTICLE V

                              Affirmative Covenants

     The Company covenants and agrees with each Lender and the Administrative
Agent that, so long as this Agreement shall remain in effect or the principal of
or interest on any Loan, any Fees or any other expenses or amounts payable under
any Loan Document shall be unpaid, unless the Required Lenders shall otherwise
consent in writing, the Company will, and will cause each of its Subsidiaries
to:

     SECTION 5.01. Existence; Businesses and Properties. (a) Preserve and
maintain its corporate existence, rights (charter and statute) and material
franchises, except as otherwise permitted by Section 6.03; provided, however,
that the Company shall not be required to preserve any such right or franchise
if (i) the Company shall determine that the preservation thereof is no longer
desirable in the conduct of the business of the Company and (ii) the loss of any
such right or franchise is not disadvantageous in any material respect to the
Lenders.

     (b) Comply in all material respects with all applicable laws, rules,
regulations and orders (including, without limitation, laws requiring payment of
all taxes, assessments and governmental charges imposed upon it or upon its
property except to the extent contested in good faith by appropriate
proceedings) and all Environmental Laws except where the failure to so comply
would not result in a Material Adverse Change.

     (c) Maintain and preserve all of its properties which are used in the
conduct of its business in good working order and condition, ordinary wear and
tear excepted, to the extent that any failure to do so would result in a
Material Adverse Change and except for dispositions thereof permitted by Section
6.03.

     SECTION 5.02. Insurance. Maintain insurance with financially sound and
reputable insurance companies (which insurance companies shall, in any event,
have an A.M. Best rating of "B+" or better), and with respect to property and
risks of a character usually maintained by corporations engaged in the same or
similar business

                                       47
<PAGE>

similarly situated, against loss, damage and liability of the kinds and in the
amounts customarily maintained by such corporations.

     SECTION 5.03. Obligations and Taxes. Pay its Indebtedness and other
obligations promptly and in accordance with their terms and pay and discharge
promptly when due all taxes, assessments and governmental charges or levies
imposed upon it or upon its income or profits or in respect of its property,
before the same shall become delinquent or in default, as well as all lawful
claims for labor, materials and supplies or otherwise which, if unpaid, might
give rise to a Lien upon such properties or any part thereof; provided, however,
that such payment and discharge shall not be required with respect to any such
tax, assessment, charge, levy or claim so long as the validity or amount thereof
shall be contested in good faith by appropriate proceedings and the Company
shall have set aside on its books adequate reserves with respect thereto.

     SECTION 5.04. Financial Statements, Reports, etc. In the case of the
Company, furnish to the Administrative Agent and each Lender:

          (a) within 75 days after the end of each fiscal year, its consolidated
     balance sheets and related statements of income, changes in stockholders'
     equity and cash flows, showing the financial condition of the Company and
     its Subsidiaries as of the close of such fiscal year and the results of its
     operations and the operations of its Subsidiaries during such year, all
     audited by PricewaterhouseCoopers LLP or other independent public
     accountants of recognized national standing acceptable to the Required
     Lenders and accompanied by an opinion of such accountants (which shall not
     be qualified in any material respect) to the effect that such consolidated
     financial statements fairly present the financial condition and results of
     operations of the Company on a consolidated basis in accordance with GAAP
     consistently applied;

          (b) within 40 days after the end of each of the first three fiscal
     quarters of each fiscal year, its consolidated balance sheets and related
     statements of income, changes in stockholders' equity and cash flows,
     showing the financial condition of the Company and its Subsidiaries as of
     the close of such fiscal quarter and the results of its operations and the
     operations of its Subsidiaries during such fiscal quarter and the then
     elapsed portion of such fiscal year, all certified by one of its Financial
     Officers as fairly presenting the financial condition and results of
     operations of the Company on a consolidated basis in accordance with GAAP
     consistently applied, subject to normal year-end audit adjustments;

          (c) concurrently with any delivery of financial statements under (a)
     or (b) above, a certificate of the accounting firm or Financial Officer
     opining on or certifying such statements (which certificate, when furnished
     by an accounting firm, may be limited to accounting matters and disclaim
     responsibility for legal interpretations) (i) certifying that no Event of
     Default or Default has occurred or, if such an Event of Default or Default
     has occurred, specifying the nature and extent thereof and any corrective
     action taken or proposed to be taken with respect thereto and (ii) setting
     forth computations in reasonable detail satisfactory

                                       48
<PAGE>

     to the Administrative Agent demonstrating compliance with the covenant
     contained in Section 6.06;

          (d) promptly after the same become publicly available, copies of all
     periodic and other reports, proxy statements and other materials filed by
     it with the Securities and Exchange Commission, or any Governmental
     Authority succeeding to any of or all the functions of such Commission, or
     with any national securities exchange, or distributed to its shareholders,
     as the case may be; and

          (e) promptly, from time to time, such other information regarding the
     operations, business affairs and financial condition of the Company or any
     Subsidiary, or compliance with the terms of any Loan Document, as the
     Administrative Agent or any Lender may reasonably request.

     SECTION 5.05. Litigation and Other Notices. Furnish to the Administrative
Agent and each Lender prompt written notice of the following:

     (a)  any Event of Default or Default, specifying the nature and extent
          thereof and the corrective action (if any) proposed to be taken with
          respect thereto;

     (b)  the filing or commencement of, or any threat or notice of intention of
          any person to file or commence, any action, suit or proceeding,
          whether at law or in equity or by or before any Governmental
          Authority, against the Company or any Affiliate thereof which, if
          adversely determined, could reasonably be expected to result in a
          Material Adverse Change; and

     (c)  any other development that has resulted in, or could reasonably be
          anticipated to result in, a Material Adverse Change.

     SECTION 5.06. ERISA. (a) Comply in all material respects with the
applicable provisions of ERISA and the Code and (b) furnish to the
Administrative Agent and each Lender (i) as soon as possible, and in any event
within 30 days after any Responsible Officer of the Company or any ERISA
Affiliate either knows or has reason to know that any Reportable Event has
occurred that alone or together with any other Reportable Event could reasonably
be expected to result in liability of the Company to the PBGC in an aggregate
amount exceeding $5,000,000, a statement of a Financial Officer setting forth
details as to such Reportable Event and the action proposed to be taken with
respect thereto, together with a copy of the notice, if any, of such Reportable
Event given to the PBGC, (ii) promptly after receipt thereof, a copy of any
notice the Company or any ERISA Affiliate may receive from the PBGC relating to
the intention of the PBGC to terminate any Plan or Plans (other than a Plan
maintained by an ERISA Affiliate which is considered an ERISA Affiliate only
pursuant to subsection (m) or (o) of Section 414 of the Code) or to appoint a
trustee to administer any Plan or Plans, and (iii) within 10 days after the due
date for filing with the PBGC of a notice of failure to make a required
installment or other payment with respect to a Plan, a statement of a

                                       49
<PAGE>

Financial Officer setting forth details as to such failure and the action
proposed to be taken with respect thereto, together with a copy of such notice
given to the PBGC.

     SECTION 5.07. Maintaining Records. Maintain all financial records in
accordance with GAAP and unless protected by attorney-client privilege permit
any representatives designated by any Lender, upon reasonable request, to
examine and make abstracts from the records and books of account of, and visit
the properties of, the Company or any of its Subsidiaries, and to discuss the
affairs, finances and condition of the Company or any Subsidiary with the
officers thereof and independent accountants therefor all upon reasonable
notice, at such reasonable times and as often as may reasonably be desired,
provided that all non-public information obtained by any such Lender pursuant to
this shall be treated as confidential in accordance with customary practices.

     SECTION 5.08. Use of Proceeds. Use the proceeds of the Loans only for the
purposes set forth in the preamble to this Agreement.

                                   ARTICLE VI

                               Negative Covenants

     The Company covenants and agrees with each Lender and the Administrative
Agent that, so long as this Agreement shall remain in effect or the principal of
or interest on any Loan, any Fees or any other expenses or amounts payable under
any Loan Document shall be unpaid, unless the Required Lenders shall otherwise
consent in writing, the Company will not, and will not cause or permit any of
its Subsidiaries to:

     SECTION 6.01. Liens. Create, incur, assume or suffer to exist any Lien upon
any of its property, whether now owned or hereafter acquired, except:

          (a) Liens in existence on the date hereof and listed in Part B of
     Schedule 3.11 hereto;

          (b) Liens imposed by any Governmental Authority for taxes, assessments
     or charges not yet due or that are being contested in good faith and by
     appropriate proceedings if adequate reserves with respect thereto are
     maintained on the books of the Company or the affected Subsidiaries, as the
     case may be, in accordance with GAAP;

          (c) carriers', warehousemen's, mechanics', materialmen's, repairmen's
     or other like Liens arising in the ordinary course of business that are not
     overdue for a period of more than 30 days or that are being contested in
     good faith and by appropriate proceedings and Liens securing judgments but
     only to the extent for an amount and for a period not resulting in an Event
     of Default under Article VII clause (i) hereof;

                                       50
<PAGE>

          (d) pledges or deposits under worker's compensation, unemployment
     insurance and other social security legislation;

          (e) deposits to secure the performance of bids, trade contracts (other
     than for Indebtedness), leases, statutory obligations, surety and appeal
     bonds, performance bonds and other obligations of a like nature incurred in
     the ordinary course of business;

          (f) easements, rights-of-way, restrictions and other similar
     encumbrances incurred in the ordinary course of business and encumbrances
     consisting of zoning restrictions, easements, licenses, restrictions on the
     use of property or minor imperfections in title thereto that, in the
     aggregate, are not material in amount, and that do not in any case
     materially detract from the value of the property subject thereto or
     interfere with the ordinary conduct of the business of the Company or any
     of its Subsidiaries;

          (g) Liens on property of any person that becomes a Subsidiary of the
     Company after the date of this Agreement; provided that such Liens are in
     existence at the time such person becomes a Subsidiary of the Company and
     were not created in anticipation thereof;

          (h) Liens upon real and/or tangible personal property acquired after
     the date hereof (by purchase, construction or otherwise) by the Company or
     any of its Subsidiaries, each of which Liens either (A) existed on such
     property before the time of its acquisition and was not created in
     anticipation thereof or (B) was created solely for the purpose of securing
     Indebtedness representing, or incurred to finance, refinance or refund, the
     cost (including the cost of construction and any transaction costs related
     to such acquisition or financing, refinancing or refunding) of such
     property; provided that no such Lien shall extend to or cover any property
     of the Company or such Subsidiary other than the property so acquired and
     improvements thereon;

          (i) additional Liens upon real and/or personal property created after
     the date hereof; provided that the aggregate Indebtedness secured thereby
     and incurred on and after the date hereof shall not exceed $25,000,000 in
     the aggregate at any one time outstanding; and

          (j) any extension, renewal or replacement of any of the foregoing;
     provided that the Liens permitted hereunder shall not be spread to cover
     any additional Indebtedness or property (other than a substitution of like
     property).

     SECTION 6.02. Sale and Lease-Back Transactions. Enter into any arrangement,
directly or indirectly, with any person whereby it shall sell or transfer any
property, real or personal, used or useful in its business, whether now owned or
hereafter acquired, and thereafter rent or lease such property or other property
which it intends to use for substantially the same purpose or purposes as the
property being sold or transferred (such an arrangement, a "Sale and Lease-Back
Transaction"), other than

                                       51
<PAGE>

(i) Sale and Lease-Back Transactions entered into in connection with the
financing of aircraft to be used in connection with the Company's business
capitalized on the books of the Company or treated as operating leases if the
aggregate sale price of all such Sale and Lease-Back Transactions does not
exceed $25,000,000 in aggregate amount at any time outstanding, and (ii) Sale
and Lease-Back Transactions capitalized on the books of the Company or treated
as operating leases (other than a Sale and Lease-Back Transaction permitted by
clause (i) above) if the aggregate sale price of all such Sale and Lease-Back
Transactions does not exceed $25,000,000 in aggregate amount at any time
outstanding.

     SECTION 6.03. Mergers, Sales of Assets, etc. (a) In the case of any
Borrower, consolidate or merge with or into any other corporation or convey,
transfer or lease its properties and assets substantially as an entirety to any
person, unless:

          (i) the corporation formed by such consolidation or merger or the
     person which acquires by conveyance or transfer, or which leases, the
     properties and assets of such Borrower substantially as an entirety shall
     be a corporation organized and existing under the laws of the United States
     of America or any state or the District of Columbia and shall expressly
     assume, by an agreement supplemental hereto, executed and delivered to each
     other party hereto, in form satisfactory to the Administrative Agent, the
     due and punctual payment of the principal of and interest on the Loans and
     all other obligations of such Borrower under the Loan Documents and the
     performance or observance of every covenant of this Agreement on the part
     of such Borrower to be performed or observed;

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

          (iii) the Company shall have delivered to the Administrative Agent an
     officers' certificate and an opinion of counsel, each stating that such
     consolidation, merger, conveyance, transfer or lease and such supplemental
     agreement comply with this paragraph (a) and that all conditions precedent
     herein provided for relating to such transaction have been complied with.

     (b) Upon any consolidation by any Borrower with or merger by any Borrower
into any other corporation or any conveyance, transfer or lease of the
properties and assets of any Borrower substantially as an entirety in accordance
with paragraph (a) above, the successor corporation formed by such consolidation
or into which such Borrower is merged or to which such conveyance, transfer or
lease is made shall succeed to, and be substituted for, and may exercise every
right and power of, the applicable Borrower under the Loan Documents with the
same effect as if such successor corporation had been named as a Borrower
herein, and thereafter, the predecessor corporation shall be relieved of all
obligations and covenants under the Loan Documents.

     SECTION 6.04. Lines of Business; Fiscal Year. Engage or invest in
operations engaging to any substantial extent in any line or lines of business
activity other than the business of manufacturing, providing, distributing and
selling such diverse goods and industrial services, principally for industrial,
commercial, construction and defense

                                       52
<PAGE>

applications, the same or similar to those goods and services as are
manufactured, provided, distributed and sold by the Company on the date hereof
and business activities reasonably related, ancillary, similar or supportive
thereto. In the case of the Company, change its fiscal year end from that in
effect at December 31, 2006.

     SECTION 6.05. Transactions with Affiliates. Sell or transfer any property
or assets to, or purchase or acquire any property or assets from, or otherwise
engage in any other transactions with, any of its Affiliates, except that as
long as no Default or Event of Default shall have occurred and be continuing,
the Company or any Subsidiary may engage in any of the foregoing transactions in
the ordinary course of business at prices and on terms and conditions not less
favorable to the Company or such Subsidiary than could be obtained on an
arm's-length basis from unrelated third parties.

     SECTION 6.06. Total Debt to Total Capital Ratio. The Company will not
permit the ratio of Total Debt to Total Capital at any time on or after the date
hereof to exceed the ratio 0.60 to 1.

                                   ARTICLE VII

                                Events of Default

     In case of the happening of any of the following events ("Events of
Default"):

          (a) any representation or warranty made or deemed made in or in
     connection with any Loan Document or the borrowings hereunder, or any
     representation, warranty, statement or information contained in any report,
     certificate, financial statement or other instrument furnished in
     connection with or pursuant to any Loan Document, shall prove to have been
     false or misleading in any material respect when so made, deemed made or
     furnished;

          (b) default shall be made in the payment of any principal of any Loan
     when and as the same shall become due and payable, whether at the due date
     thereof or at a date fixed for prepayment thereof or by acceleration
     thereof or otherwise;

          (c) default shall be made in the payment of any interest on any Loan
     or any Fee or any other amount (other than an amount referred to in (b)
     above) due under any Loan Document, when and as the same shall become due
     and payable, and such default shall continue unremedied for a period of
     five days;

          (d) default shall be made in the due observance or performance by any
     of the Borrowers or any Subsidiary of any covenant, condition or agreement
     contained in Section 5.01(a) or 5.05 or in Article VI;

          (e) default shall be made in the due observance or performance by any
     of

                                       53
<PAGE>

     the Borrowers or any Subsidiary of any covenant, condition or agreement
     contained in any Loan Document (other than those specified in (b), (c) or
     (d) above) and such default shall continue unremedied for a period of 30
     days after notice thereof from the Administrative Agent or any Lender to
     the Company;

          (f) (i) the Company or any Subsidiary shall (A) fail to pay any
     principal or interest, regardless of amount, due in respect of any
     Indebtedness in a principal amount in excess of (I) $20,000,000, in the
     case of any single obligation, or (II) $20,000,000, in the case of all
     obligations in the aggregate, in each case, when and as the same shall
     become due and payable, or (B) fail to observe or perform any other term,
     covenant, condition or agreement contained in any agreement or instrument
     evidencing or governing any Indebtedness in an aggregate principal amount
     in excess of $20,000,000 and such failure shall continue beyond any
     applicable grace period; or (ii) Indebtedness of the Company and its
     Subsidiaries, or any of them, in a principal amount in excess of (A)
     $20,000,000, in the case of any single obligation, or (B) $20,000,000, in
     the case of all obligations in the aggregate, shall be declared due and
     payable or required to be prepaid prior to its stated maturity;

          (g) an involuntary proceeding shall be commenced or an involuntary
     petition shall be filed in a court of competent jurisdiction seeking (i)
     relief in respect of any Borrower or any Material Subsidiary, or of a
     substantial part of the property or assets of any Borrower or a Material
     Subsidiary, under Title 11 of the United States Code, as now constituted or
     hereafter amended, or any other Federal or state bankruptcy, insolvency,
     receivership or similar law (or similar statute or law in any other
     jurisdiction), (ii) the appointment of a receiver, trustee, custodian,
     sequestrator, conservator or similar official for any Borrower or any
     Material Subsidiary or for a substantial part of the property or assets of
     any Borrower or a Material Subsidiary or (iii) the winding-up or
     liquidation of any Borrower or any Material Subsidiary; and such proceeding
     or petition shall continue undismissed for 45 days or an order or decree
     approving or ordering any of the foregoing shall be entered;

          (h) any Borrower or any Material Subsidiary shall (i) voluntarily
     commence any proceeding or file any petition seeking relief under Title 11
     of the United States Code, as now constituted or hereafter amended, or any
     other Federal or state bankruptcy, insolvency, receivership or similar law
     (or similar statute or law in any other jurisdiction), (ii) consent to the
     institution of, or fail to contest in a timely and appropriate manner, any
     proceeding or the filing of any petition described in (g) above, (iii)
     apply for or consent to the appointment of a receiver, trustee, custodian,
     sequestrator, conservator or similar official for any Borrower or any
     Material Subsidiary or for a substantial part of the property or assets of
     any Borrower or any Material Subsidiary, (iv) file an answer admitting the
     material allegations of a petition filed against it in any such proceeding,
     (v) make a general assignment for the benefit of creditors, (vi) become
     unable, admit in writing its inability or fail generally to pay its debts
     as they become due or (vii) take any action for the purpose of effecting
     any of the foregoing;

                                       54
<PAGE>

          (i) one or more judgments for the payment of money in an aggregate
     amount in excess of $20,000,000 (exclusive of amounts fully covered by
     insurance where the insurer has admitted liability in respect of such
     judgment) shall be rendered against any Borrower, any Subsidiary or any
     combination thereof and the same shall remain undischarged for a period of
     60 consecutive days during which 60 days execution shall not be effectively
     stayed, or otherwise being appropriately contested in good faith, or any
     action shall be legally taken by a judgment creditor to levy upon assets or
     properties of any Borrower or any Subsidiary to enforce any such judgment;

          (j) a Reportable Event or Reportable Events, or a failure to make a
     required installment or other payment (within the meaning of Section
     412(n)(1) of the Code as in effect on the date of this Agreement), shall
     have occurred with respect to any Plan or Plans that reasonably could be
     expected to result in liability of any Borrower to the PBGC or to a Plan in
     an aggregate amount exceeding $10,000,000 and, within 30 days after the
     reporting of any such Reportable Event to the Administrative Agent or after
     the receipt by the Administrative Agent of the statement required pursuant
     to Section 5.06, the Administrative Agent shall have notified such Borrower
     in writing that (i) the Required Lenders have made a determination that, on
     the basis of such Reportable Event or Reportable Events or the failure to
     make a required payment, there are reasonable grounds (A) for the
     termination of such Plan or Plans by the PBGC, (B) for the appointment by
     the appropriate United States District Court of a trustee to administer
     such Plan or Plans or (C) for the imposition of a lien in favor of a Plan
     and (ii) as a result thereof an Event of Default exists hereunder; or a
     trustee shall be appointed by a United States District Court to administer
     any such Plan or Plans; or the PBGC shall institute proceedings to
     terminate any Plan or Plans;

          (k) the Guarantor's guarantee hereunder shall become ineffective for
     any reason or the Guarantor shall deny its obligations as a guarantor
     hereunder in writing; or

          (l) there shall have occurred a Change in Control;

then, and in every such event (other than an event with respect to a Borrower
described in paragraph (g) or (h) above), and at any time thereafter during the
continuance of such event, the Administrative Agent, with the consent of the
Required Lenders, may, or at the request of the Required Lenders, shall, by
notice to the Borrowers, take either or both of the following actions, at the
same or different times: (i) terminate forthwith the Commitments and (ii)
declare the Loans then outstanding to be forthwith due and payable in whole or
in part, whereupon the principal of the Loans so declared to be due and payable,
together with accrued interest thereon and any unpaid accrued Fees and all other
liabilities of the Borrowers accrued hereunder and under any other Loan
Document, shall become forthwith due and payable, without presentment, demand,
protest or any other notice of any kind, all of which are hereby expressly
waived by the Borrowers, anything contained herein or in any other Loan Document
to the contrary notwithstanding; and in

                                       55
<PAGE>

any event with respect to a Borrower described in paragraph (g) or (h) above,
the Commitments shall automatically terminate and the principal of the Loans
then outstanding, together with accrued interest thereon and any unpaid accrued
Fees and all other liabilities of the Borrowers accrued hereunder and under any
other Loan Document, shall automatically become due and payable, without
presentment, demand, protest or any other notice of any kind, all of which are
hereby expressly waived by the Borrowers, anything contained herein or in any
other Loan Document to the contrary notwithstanding.

                                  ARTICLE VIII

                            The Administrative Agent

     In order to expedite the transactions contemplated by this Agreement,
JPMorgan Chase Bank, N.A. is hereby appointed to act as Administrative Agent on
behalf of the Lenders. Each of the Lenders hereby irrevocably authorizes the
Administrative Agent to take such actions on behalf of such Lender or holder and
to exercise such powers as are specifically delegated to the Administrative
Agent by the terms and provisions hereof and of the other Loan Documents,
together with such actions and powers as are reasonably incidental thereto. The
Administrative Agent is hereby expressly authorized by the Lenders, without
hereby limiting any implied authority, (a) to receive on behalf of the Lenders
all payments of principal of and interest on the Loans and all other amounts due
to the Lenders hereunder, and promptly to distribute to each Lender its proper
share of each payment so received; (b) as provided in Article VII, to give
notice on behalf of each of the Lenders to the Borrowers of any Event of Default
specified in this Agreement of which the Administrative Agent has actual
knowledge acquired in connection with its agency hereunder; and (c) to
distribute to each Lender copies of all notices, financial statements and other
materials delivered by any Borrower pursuant to this Agreement as received by
the Administrative Agent.

     The Administrative Agent is hereby authorized to designate one of its
affiliates (the "Agent Designee") to perform the functions of the Administrative
Agent with respect to Alternative Currency Borrowings. The Administrative Agent
shall designate the Agent Designee by notice to the Company and the Lenders (and
may from time to time replace the Agent Designee with any of its affiliates by
notice to the Company and the Lenders). Upon and after any such designation, (i)
copies of all Borrowing Requests, Competitive Bid Requests, Competitive Bids and
all other notices required to be delivered hereunder with respect to Alternative
Currency Borrowings shall be delivered to both the Administrative Agent and the
Agent Designee and (ii) all references hereunder to the "Administrative Agent"
and "Administrative Agent in London" in the context of Alternative Currency
Borrowings shall be construed as including references to the Agent Designee. The
Administrative Agent hereby designates J.P. Morgan Europe Limited as the initial
Agent Designee.

                                       56
<PAGE>

     Neither the Administrative Agent nor any of its directors, officers,
employees or agents shall be liable as such for any action taken or omitted by
any of them except for its or his own gross negligence or wilful misconduct, or
be responsible for any statement, warranty or representation herein or the
contents of any document delivered in connection herewith, or be required to
ascertain or to make any inquiry concerning the performance or observance by the
Borrowers of any of the terms, conditions, covenants or agreements contained in
any Loan Document. The Administrative Agent shall not be responsible to the
Lenders for the due execution, genuineness, validity, enforceability or
effectiveness of this Agreement, or any other Loan Documents or other
instruments or agreements. The Administrative Agent shall in all cases be fully
protected in acting, or refraining from acting, in accordance with written
instructions signed by the Required Lenders and, except as otherwise
specifically provided herein, such instructions and any action or inaction
pursuant thereto shall be binding on all the Lenders. The Administrative Agent
shall, in the absence of knowledge to the contrary, be entitled to rely on any
instrument or document believed by it in good faith to be genuine and correct
and to have been signed or sent by the proper person or persons. Neither the
Administrative Agent nor any of its directors, officers, employees or agents
shall have any responsibility to the Borrowers on account of the failure of or
delay in performance or breach by any Lender of any of its obligations hereunder
or to any Lender on account of the failure of or delay in performance or breach
by any other Lender or the Borrowers of any of their respective obligations
hereunder or under any other Loan Document or in connection herewith or
therewith. The Administrative Agent may execute any and all duties hereunder by
or through agents or employees and shall be entitled to rely upon the advice of
legal counsel selected by it with respect to all matters arising hereunder and
shall not be liable for any action taken or suffered in good faith by it in
accordance with the advice of such counsel.

     The Lenders hereby acknowledge that the Administrative Agent shall be under
no duty to take any discretionary action permitted to be taken by it pursuant to
the provisions of this Agreement unless it shall be requested in writing to do
so by the Required Lenders.

     Subject to the appointment and acceptance of a successor Administrative
Agent as provided below, the Administrative Agent may resign at any time by
notifying the Lenders and the Company. Upon any such resignation, the Required
Lenders shall have the right to appoint a successor. If no successor shall have
been so appointed by the Required Lenders and shall have accepted such
appointment within 30 days after the retiring Administrative Agent gives notice
of its resignation, then the retiring Administrative Agent may, on behalf of the
Lenders, appoint a successor Administrative Agent which shall be a bank with an
office in New York, New York, having a combined capital and surplus of at least
$500,000,000 or an Affiliate of any such bank. Upon the acceptance of any
appointment as Administrative Agent hereunder by a successor bank, such
successor shall succeed to and become vested with all the rights, powers,
privileges and duties of the retiring Administrative Agent and the retiring
Administrative Agent shall be discharged from its duties and obligations
hereunder. After the Administrative Agent's resignation hereunder, the
provisions of this Article and Section 10.05 shall

                                       57
<PAGE>

continue in effect for its benefit in respect of any actions taken or omitted to
be taken by it while it was acting as Administrative Agent.

     With respect to the Loans made by it hereunder, the Administrative Agent in
its individual capacity and not as Administrative Agent shall have the same
rights and powers as any other Lender and may exercise the same as though it
were not the Administrative Agent, and the Administrative Agent and its
Affiliates may accept deposits from, lend money to and generally engage in any
kind of business with the Borrowers or any Subsidiary or other Affiliate thereof
as if it were not the Administrative Agent.

     Each Lender agrees (i) to reimburse the Administrative Agent, on demand, in
the amount of its pro rata share (based on its Commitment hereunder) of any
expenses incurred for the benefit of the Lenders by the Administrative Agent,
including counsel fees and compensation of agents and employees paid for
services rendered on behalf of the Lenders, which shall not have been reimbursed
by the Borrowers and (ii) to indemnify and hold harmless the Administrative
Agent and any of its directors, officers, employees or agents, on demand, in the
amount of such pro rata share, from and against any and all liabilities, taxes,
obligations, losses, damages, penalties, actions, judgments, suits, costs,
expenses or disbursements of any kind or nature whatsoever which may be imposed
on, incurred by or asserted against it in its capacity as the Administrative
Agent or any of them in any way relating to or arising out of this Agreement or
any other Loan Document or any action taken or omitted by it or any of them
under this Agreement or any other Loan Document, to the extent the same shall
not have been reimbursed by the Borrowers; provided that no Lender shall be
liable to the Administrative Agent for any portion of such liabilities,
obligations, losses, damages, penalties, actions, judgments, suits, costs,
expenses or disbursements resulting from the gross negligence or wilful
misconduct of the Administrative Agent or any of its directors, officers,
employees or agents.

     Each Lender acknowledges that it has, independently and without reliance
upon the Administrative Agent or any other Lender and based on such documents
and information as it has deemed appropriate, made its own credit analysis and
decision to enter into this Agreement. Each Lender also acknowledges that it
will, independently and without reliance upon the Administrative Agent or any
other Lender and based on such documents and information as it shall from time
to time deem appropriate, continue to make its own decisions in taking or not
taking action under or based upon this Agreement or any other Loan Document, any
related agreement or any document furnished hereunder or thereunder.

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<PAGE>

                                   ARTICLE IX

                                    Guarantee

     SECTION 9.01. Guarantee. The Guarantor hereby guarantees to each Lender and
the Administrative Agent and their respective successors and assigns the prompt
payment in full when due (whether at stated maturity, by acceleration, by
optional prepayment or otherwise) of the principal of and interest on the Loans
made by the Lenders to any Approved Borrower and all other amounts from time to
time owing to the Lenders or the Administrative Agent by any Approved Borrower
under this Agreement or pursuant to its Designation Letter, strictly in
accordance with the terms thereof (such obligations being herein collectively
called the "Guaranteed Obligations"). The Guarantor hereby further agrees that
if any Approved Borrower shall fail to pay in full when due (whether at stated
maturity, by acceleration, by optional prepayment or otherwise) any of the
Guaranteed Obligations, the Guarantor will promptly pay the same, without any
demand or notice whatsoever, and that in the case of any extension of time of
payment or renewal of any of the Guaranteed Obligations, the same will be
promptly paid in full when due (whether at extended maturity, by acceleration or
otherwise) in accordance with the terms of such extension or renewal.

     SECTION 9.02. Obligations Unconditional. The obligations of the Guarantor
under Section 9.01 hereof are absolute and unconditional irrespective of the
value, genuineness, validity, regularity or enforceability of the obligations of
any Approved Borrower under this Agreement or any other agreement or instrument
referred to herein or therein (including, without limitation, any Designation
Letter), or any substitution, release or exchange of any other guarantee of or
security for any of the Guaranteed Obligations, and, to the fullest extent
permitted by applicable law, irrespective of any other circumstance whatsoever
which might otherwise constitute a legal or equitable discharge or defense of a
surety or guarantor, it being the intent of this Section 9.02 that the
obligations of the Guarantor hereunder shall be absolute and unconditional under
any and all circumstances. Without limiting the generality of the foregoing, it
is agreed that the occurrence of any one or more of the following shall not
affect the liability of the Guarantor hereunder:

          (i) at any time or from time to time, without notice to the Guarantor,
     the time for any performance of or compliance with any of the Guaranteed
     Obligations shall be extended, or such performance or compliance shall be
     waived;

          (ii) any of the acts mentioned in any of the provisions of this
     Agreement or any other agreement or instrument referred to herein or
     therein shall be done or omitted; or

          (iii) the maturity of any of the Guaranteed Obligations shall be
     accelerated, or any of the Guaranteed Obligations shall be modified,
     supplemented or amended in any respect, or any right under this Agreement
     or any other agreement or instrument referred to herein or therein shall be
     waived or any other guarantee

                                       59
<PAGE>

     of any of the Guaranteed Obligations or any security therefor shall be
     released or exchanged in whole or in part or otherwise dealt with.

The Guarantor hereby expressly waives diligence, presentment, demand of payment,
protest and all notices whatsoever, and any requirement that the Administrative
Agent or any Lender exhaust any right, power or remedy or proceed against any
Approved Borrower under this Agreement or any other agreement or instrument
referred to herein or therein, or against any other person under any other
guarantee of, or security for, any of the Guaranteed Obligations.

     SECTION 9.03. Reinstatement. The obligations of the Guarantor under this
Article IX shall be automatically reinstated if and to the extent that for any
reason any payment by or on behalf of any Approved Borrower in respect of the
Guaranteed Obligations is rescinded or must be otherwise restored by any holder
of any of the Guaranteed Obligations, whether as a result of any proceedings in
bankruptcy or reorganization or otherwise and the Guarantor agrees that it will
indemnify the Administrative Agent and each Lender on demand for all reasonable
costs and expenses (including, without limitation, fees of counsel) incurred by
the Administrative Agent or such Lender in connection with such rescission or
restoration.

     SECTION 9.04. Subrogation. The Guarantor hereby irrevocably waives all
rights of subrogation or contribution, whether arising by operation of law
(including, without limitation, any such right arising under Title 11 of the
United States Code) or otherwise, by reason of any payment by it pursuant to the
provisions of this Article IX and further agrees that for the benefit of each of
its creditors (including, without limitation, each Lender and the Administrative
Agent) that any such payment by it of the Guaranteed Obligations of any Approved
Borrower shall constitute a contribution of capital by the Guarantor to such
Approved Borrower.

     SECTION 9.05. Remedies. The Guarantor agrees that, as between the Guarantor
and the Lenders, the obligations of any Approved Borrower under this Agreement
may be declared to be forthwith due and payable as provided in Article VII
hereof (and shall be deemed to have become automatically due and payable in the
circumstances provided in said Article VII) for purposes of Section 9.01 hereof
notwithstanding any stay, injunction or other prohibition preventing such
declaration (or such obligations from becoming automatically due and payable) as
against any Approved Borrower and that, in the event of such declaration (or
such obligations being deemed to have become automatically due and payable),
such obligations (whether or not due and payable by such Approved Borrower)
shall forthwith become due and payable by the Guarantor for purposes of such
Section 9.01.

     SECTION 9.06. Continuing Guarantee. The guarantee in this Article IX is a
continuing guarantee, and shall apply to all Guaranteed Obligations whenever
arising.

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<PAGE>

                                    ARTICLE X

                                  Miscellaneous

     SECTION 10.01. Notices. Notices and other communications provided for
herein shall be in writing and shall be delivered by hand or overnight courier
service, mailed by certified or registered mail or sent by telecopy, as follows:

          (a) if to the Company, to it at P.O. Box 8888, Camp Hill, Pennsylvania
     17001-8888, Attention of Salvatore D. Fazzolari (Telecopy No.
     717-763-6402);

          (b) if to an Approved Borrower, to it at its address as set forth in
     its Designation Letter;

          (c) if to the Administrative Agent, to JPMorgan Chase Bank, N.A., Loan
     and Agency Services, 1111 Fannin, 10th Floor, Houston TX 77002, Attention
     of Danette I. Espinoza (Telecopy No. 713-750-2782), with copies to JPMorgan
     Chase Bank, N.A., 270 Park Avenue, New York, New York 10017, Attention of
     Anthony White (Telecopy No. 212-270-5127) and, with respect to any
     Alternative Currency Borrowing, to J.P. Morgan Europe Limited, 125 London
     Wall, Floor 9, London, United Kingdom EC2Y58J, Attention of Steve Clarke
     (Telecopy No. +44-20-7777-2360) or to any other Agent Designee as directed
     by the Administrative Agent; and

          (d) if to a Lender, to it at its address (or telecopy number) set
     forth in its Administrative Questionnaire or in the Assignment and
     Acceptance pursuant to which such Lender shall have become a party hereto.

          (e) All notices and other communications given to any party hereto in
     accordance with the provisions of this Agreement shall be deemed to have
     been given on the date of receipt if delivered by hand or overnight courier
     service or sent by telecopy, or on the date five Business Days after
     dispatch by certified or registered mail, in each case delivered, sent or
     mailed (properly addressed) to such party as provided in this Section 10.01
     or in accordance with the latest unrevoked direction from such party given
     in accordance with this Section 10.01.

     SECTION 10.02. Survival of Agreement. All covenants, agreements,
representations and warranties made by the Borrowers herein and in the
certificates or other instruments prepared or delivered in connection with or
pursuant to this Agreement or any other Loan Document shall be considered to
have been relied upon by the Lenders and shall survive the making by the Lenders
of the Loans, regardless of any investigation made by the Lenders or on their
behalf, and shall continue in full force and effect as long as the principal of
or any accrued interest on any Loan or any Fee or any other amount payable under
this Agreement or any other Loan Document is outstanding and unpaid and so long
as the Commitments have not been terminated.

     SECTION 10.03. Binding Effect. This Agreement shall become effective when
it shall have been executed by the Company and the Administrative Agent and

                                       61
<PAGE>

when the Administrative Agent shall have received copies hereof which, when
taken together, bear the signatures of each Lender, and thereafter shall be
binding upon and inure to the benefit of the Borrowers, the Administrative Agent
and each Lender and their respective successors and assigns, except that the
Borrowers shall not have the right to assign rights hereunder or any interest
herein without the prior consent of all the Lenders.

     SECTION 10.04. Successors and Assigns. (a) Whenever in this Agreement any
of the parties hereto is referred to, such reference shall be deemed to include
the successors and assigns of such party; and all covenants, promises and
agreements by or on behalf of the Borrowers, the Administrative Agent or the
Lenders that are contained in this Agreement shall bind and inure to the benefit
of their respective successors and assigns.

     (b) Each Lender may assign to one or more assignees all or a portion of its
interests, rights and obligations under this Agreement (including all or a
portion of its Commitment and the Loans at the time owing to it); provided,
however, that (i) the Administrative Agent and, except in the case of an
assignment to a Lender or an Affiliate of such Lender, the Company, must give
their prior written consent to such assignment (which consent shall not be
unreasonably withheld and in the case of the Company, shall not be required
during the continuation of an Event of Default), (ii) each such assignment shall
be of a constant, and not a varying, percentage of all the assigning Lender's
rights and obligations under this Agreement, (iii) the amount of the Commitment
of the assigning Lender subject to each such assignment (determined as of the
date the Assignment and Acceptance with respect to such assignment is delivered
to the Administrative Agent) shall not be less than $5,000,000 (or, if smaller,
such Lender's remaining Commitment) and the amount of the Commitment of such
Lender remaining after such assignment shall not be less than $5,000,000 or
shall be zero, (iv) the parties to each such assignment shall execute and
deliver to the Administrative Agent an Assignment and Acceptance, and a
processing and recordation fee of $3,500 and (v) the assignee, if it shall not
be a Lender, shall deliver to the Administrative Agent an Administrative
Questionnaire. Upon acceptance and recording pursuant to paragraph (e) of this
Section 10.04, from and after the effective date specified in each Assignment
and Acceptance, which effective date shall be at least five Business Days after
the execution thereof, (A) the assignee thereunder shall be a party hereto and,
to the extent of the interest assigned by such Assignment and Acceptance, have
the rights and obligations of a Lender under this Agreement and (B) the
assigning Lender thereunder shall, to the extent of the interest assigned by
such Assignment and Acceptance, be released from its obligations under this
Agreement (and, in the case of an Assignment and Acceptance covering all or the
remaining portion of an assigning Lender's rights and obligations under this
Agreement, such Lender shall cease to be a party hereto (but shall continue to
be entitled to the benefits of Sections 2.13, 2.15, 2.19, 2.22 and 10.05, as
well as to any Fees accrued for its account hereunder and not yet paid)).
Notwithstanding the foregoing, any Lender assigning its rights and obligations
under this Agreement may retain any Competitive Loans made by it outstanding at
such time, and in such case shall retain its rights hereunder in respect of any
Loans so retained until such Loans have been repaid in full in accordance with
this Agreement.

                                       62
<PAGE>

     (c) By executing and delivering an Assignment and Acceptance, the assigning
Lender thereunder and the assignee thereunder shall be deemed to confirm to and
agree with each other and the other parties hereto as follows: (i) such
assigning Lender warrants that it is the legal and beneficial owner of the
interest being assigned thereby free and clear of any adverse claim and that its
Commitment, if any, and the outstanding balances of its Standby Loans and
Competitive Loans, if any, in each case without giving effect to assignments
thereof which have not become effective, are as set forth in such Assignment and
Acceptance, (ii) except as set forth in (i) above, such assigning Lender makes
no representation or warranty and assumes no responsibility with respect to any
statements, warranties or representations made in or in connection with this
Agreement, or the execution, legality, validity, enforceability, genuineness,
sufficiency or value of this Agreement, any other Loan Document or any other
instrument or document furnished pursuant hereto or the financial condition of
the Company or any Subsidiary or the performance or observance by any Borrower
of any of its obligations under this Agreement, any other Loan Document or any
other instrument or document furnished pursuant hereto; (iii) such assignee
represents and warrants that it is legally authorized to enter into such
Assignment and Acceptance; (iv) such assignee confirms that it has received a
copy of this Agreement, together with copies of the most recent financial
statements delivered pursuant to Section 5.04 and such other documents and
information as it has deemed appropriate to make its own credit analysis and
decision to enter into such Assignment and Acceptance; (v) such assignee will
independently and without reliance upon the Administrative Agent, such assigning
Lender or any other Lender and based on such documents and information as it
shall deem appropriate at the time, continue to make its own credit decisions in
taking or not taking action under this Agreement; (vi) such assignee appoints
and authorizes the Administrative Agent to take such action as agent on its
behalf and to exercise such powers under this Agreement as are delegated to the
Administrative Agent by the terms hereof, together with such powers as are
reasonably incidental thereto; and (vii) such assignee agrees that it will
perform in accordance with their terms all the obligations which by the terms of
this Agreement are required to be performed by it as a Lender.

     (d) The Administrative Agent shall maintain at one of its offices in The
City of New York a copy of each Assignment and Acceptance delivered to it and a
register for the recordation of the names and addresses of the Lenders, and the
Commitment of, and principal amount of the Loans owing to, each Lender pursuant
to the terms hereof from time to time (the "Register"). The entries in the
Register shall be conclusive in the absence of manifest error and the Borrower,
the Administrative Agent and the Lenders may treat each person whose name is
recorded in the Register pursuant to the terms hereof as a Lender hereunder for
all purposes of this Agreement. The Register shall be available for inspection
by the Company and any Lender, at any reasonable time and from time to time upon
reasonable prior notice.

     (e) Upon its receipt of a duly completed Assignment and Acceptance executed
by an assigning Lender and an assignee, an Administrative Questionnaire
completed in respect of the assignee (unless the assignee shall already be a
Lender hereunder), the processing and recordation fee referred to in paragraph
(b) above and, if required, the written consent of the Company and the
Administrative Agent to such

                                       63
<PAGE>

assignment, the Administrative Agent shall (i) accept such Assignment and
Acceptance, (ii) record the information contained therein in the Register and
(iii) give prompt notice thereof to the Lenders.

     (f) Upon giving written notice to the Company, each Lender may without the
consent of the Company or the Administrative Agent sell participations to one or
more banks or other entities in all or a portion of its rights and obligations
under this Agreement (including all or a portion of its Commitment and the Loans
owing to it); provided, however, that (i) such Lender's obligations under this
Agreement shall remain unchanged, (ii) such Lender shall remain solely
responsible to the other parties hereto for the performance of such obligations,
(iii) the participating banks or other entities shall be entitled to the benefit
of the cost protection provisions contained in Sections 2.13, 2.15, 2.19 and
2.22 to the same extent as if they were Lenders and (iv) the Borrowers, the
Administrative Agent and the other Lenders shall continue to deal solely and
directly with such Lender in connection with such Lender's rights and
obligations under this Agreement, and such Lender shall retain the sole right to
enforce the obligations of the Borrowers relating to the Loans and to approve
any amendment, modification or waiver of any provision of this Agreement (other
than amendments, modifications or waivers decreasing any fees payable hereunder
or the amount of principal of or the rate at which interest is payable on the
Loans, extending any scheduled principal payment date or date fixed for the
payment of interest on the Loans or changing or extending the Commitments).

     (g) Any Lender or participant may, in connection with any assignment or
participation or proposed assignment or participation pursuant to this Section
10.04, disclose to the assignee or participant or proposed assignee or
participant any information relating to the Borrowers furnished to such Lender
by or on behalf of the Borrowers; provided that, prior to any such disclosure of
information designated by the Company as confidential, each such assignee or
participant or proposed assignee or participant shall execute an agreement
whereby such assignee or participant shall agree (subject to customary
exceptions) to preserve the confidentiality of such confidential information. It
is understood that confidential information relating to the Borrowers would not
ordinarily be provided in connection with assignments or participations of
Competitive Loans.

     (h) Any Lender may at any time assign all or any portion of its rights
under this Agreement to a Federal Reserve Bank; provided that no such assignment
shall release a Lender from any of its obligations hereunder. In order to
facilitate such an assignment to a Federal Reserve Bank, the applicable Borrower
shall, at the request of the assigning Lender, duly execute and deliver to the
assigning Lender a promissory note or notes evidencing the Loans made to such
Borrower by the assigning Lender hereunder.

     (i) The Borrowers shall not assign or delegate any of their rights or
duties hereunder, except as permitted by Section 6.03.

     SECTION 10.05. Expenses; Indemnity. (a) Each Borrower agrees to pay all
reasonable and properly documented out-of-pocket expenses incurred by the
Administrative Agent in connection with the preparation of this Agreement and
the other

                                       64
<PAGE>

Loan Documents or in connection with any amendments, modifications or waivers of
the provisions hereof or thereof (whether or not the transactions hereby
contemplated shall be consummated) or incurred by the Administrative Agent or
any Lender in connection with the enforcement or protection of their rights in
connection with this Agreement and the other Loan Documents or in connection
with the Loans made hereunder, including the reasonable fees, charges and
disbursements of Cravath, Swaine & Moore LLP, counsel for the Administrative
Agent, and, in connection with any such amendment, modification or waiver or any
such enforcement or protection, the reasonable fees, charges and disbursements
of any other counsel for the Administrative Agent or any Lender. Each Borrower
further agrees that it shall indemnify the Lenders from and hold them harmless
against any documentary taxes, assessments or charges made by any Governmental
Authority by reason of the execution and delivery of this Agreement or any of
the other Loan Documents.

     (b) Each Borrower agrees to indemnify the Administrative Agent, each
Lender, any of their respective Affiliates that have made Loans as provided in
Section 2.02(b) and the respective directors, officers, employees and agents of
the foregoing persons (each such person being called an "Indemnitee") against,
and to hold each Indemnitee harmless from, any and all losses, claims, damages,
liabilities and related expenses, including reasonable counsel fees, charges and
disbursements, incurred by or asserted against any Indemnitee arising out of, in
any way connected with, or as a result of (i) the execution or delivery of this
Agreement or any other Loan Document or any agreement or instrument contemplated
thereby, the performance by the parties thereto of their respective obligations
thereunder or the consummation of the transactions contemplated thereby, (ii)
the actual or proposed use of the proceeds of the Loans, (iii) any claim,
litigation, investigation or proceeding relating to any of the foregoing,
whether commenced by a Borrower, any of its Affiliates or any other person and
whether or not any Indemnitee is a party thereto or (iv) any actual or alleged
presence or release of Hazardous Materials on or from any property currently or
formerly owned or operated by the Borrower or its Subsidiaries, or any
Environmental Liability related in any way to the Borrower or its subsidiaries;
provided that the indemnity set forth in this Section 10.05(b) shall not, as to
any Indemnitee, be available to the extent that such losses, claims, damages,
liabilities or related expenses either (x) are determined by a court of
competent jurisdiction by final and nonappealable judgment to have resulted from
the gross negligence or wilful misconduct of such Indemnitee or any of its
Affiliates or (y) resulted from the breach by such Indemnitee or any of its
Affiliates of any of such person's agreements under this Agreement or any other
Loan Document (other than unintentional breaches that are corrected promptly
after such Indemnitee becomes aware that it is in breach).

     (c) The provisions of this Section 10.05 shall remain operative and in full
force and effect regardless of the expiration of the term of this Agreement, the
consummation of the transactions contemplated hereby, the repayment of any of
the Loans, the invalidity or unenforceability of any term or provision of this
Agreement or any other Loan Document, or any investigation made by or on behalf
of the Administrative Agent or any Lender. All amounts due under this Section
10.05 shall be payable on written demand therefor.

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<PAGE>

     SECTION 10.06. Right of Setoff. If an Event of Default shall have occurred
and be continuing, each Lender (and any of its Affiliates that have made Loans
as provided in Section 2.02(b)) is hereby authorized at any time and from time
to time, to the fullest extent permitted by law, to set off and apply any and
all deposits (general or special, time or demand, provisional or final) at any
time held and other indebtedness at any time owing by such Lender (or such
Affiliates) to or for the credit or the account of any Borrower against any of
and all the obligations of such Borrower now or hereafter existing under this
Agreement and other Loan Documents held by such Lender, irrespective of whether
or not such Lender shall have made any demand under this Agreement or such other
Loan Document and although such obligations may be unmatured. The rights of each
Lender under this Section are in addition to other rights and remedies
(including other rights of setoff) which such Lender may have.

     SECTION 10.07. Applicable Law. THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS
SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF
NEW YORK.

     SECTION 10.08. Waivers; Amendment. (a) No failure or delay of the
Administrative Agent or any Lender in exercising any power or right hereunder
shall operate as a waiver thereof, nor shall any single or partial exercise of
any such right or power, or any abandonment or discontinuance of steps to
enforce such a right or power, preclude any other or further exercise thereof or
the exercise of any other right or power. The rights and remedies of the
Administrative Agent and the Lenders hereunder and under the other Loan
Documents are cumulative and are not exclusive of any rights or remedies which
they would otherwise have. No waiver of any provision of this Agreement or any
other Loan Document or consent to any departure by any Borrower therefrom shall
in any event be effective unless the same shall be permitted by paragraph (b)
below, and then such waiver or consent shall be effective only in the specific
instance and for the purpose for which given. No notice or demand on any
Borrower in any case shall entitle such Borrower to any other or further notice
or demand in similar or other circumstances.

     (b) Neither this Agreement nor any provision hereof may be waived, amended
or modified except pursuant to an agreement or agreements in writing entered
into by the Company and the Required Lenders; provided, however, that no such
agreement shall (i) decrease the principal amount of, or extend the maturity of
or any scheduled principal payment date or date for the payment of any interest
on any Loan, or waive or excuse any such payment or any part thereof, or
decrease the rate of interest on any Loan, without the prior written consent of
each Lender affected thereby, (ii) change or extend the Commitment or decrease
the Utilization Fees or Facility Fees of any Lender without the prior written
consent of such Lender, (iii) change Section 2.17 in a manner that would alter
the pro rata sharing of payments required thereby without the prior written
consent of each Lender, or (iv) amend or modify the provisions of Section 2.16,
release the Guarantor from its obligations under Article IX, or amend or modify
the provisions of this Section or the definition of "Required Lenders", without
the prior written consent of each Lender; provided further that no such
agreement shall amend,

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<PAGE>

modify or otherwise affect the rights or duties of the Administrative Agent
hereunder without the prior written consent of the Administrative Agent.

     SECTION 10.09. Interest Rate Limitation. Notwithstanding anything herein to
the contrary, if at any time the applicable interest rate, together with all
fees and charges which are treated as interest under applicable law
(collectively the "Charges"), as provided for herein or in any other document
executed in connection herewith, or otherwise contracted for, charged, received,
taken or reserved by any Lender, shall exceed the maximum lawful rate (the
"Maximum Rate") which may be contracted for, charged, taken, received or
reserved by such Lender in accordance with applicable law, the rate of interest
payable on the Loan of such Lender, together with all Charges payable to such
Lender, shall be limited to the Maximum Rate.

     SECTION 10.10. Entire Agreement. This Agreement and the other Loan
Documents constitute the entire contract between the parties relative to the
subject matter hereof. Any previous agreement among the parties with respect to
the subject matter hereof is superseded by this Agreement and the other Loan
Documents. Nothing in this Agreement or in the other Loan Documents, expressed
or implied, is intended to confer upon any party other than the parties hereto
and thereto any rights, remedies, obligations or liabilities under or by reason
of this Agreement or the other Loan Documents.

     SECTION 10.11. Waiver of Jury Trial. Each party hereto hereby waives, to
the fullest extent permitted by applicable law, any right it may have to a trial
by jury in respect of any litigation directly or indirectly arising out of,
under or in connection with this Agreement or any of the other Loan Documents.
Each party hereto (a) certifies that no representative, agent or attorney of any
other party has represented, expressly or otherwise, that such other party would
not, in the event of litigation, seek to enforce the foregoing waiver and (b)
acknowledges that it and the other parties hereto have been induced to enter
into this Agreement and the other Loan Documents, as applicable, by, among other
things, the mutual waivers and certifications in this Section 10.11.

     SECTION 10.12. Severability. In the event any one or more of the provisions
contained in this Agreement or in any other Loan Document should be held
invalid, illegal or unenforceable in any respect, the validity, legality and
enforceability of the remaining provisions contained herein and therein shall
not in any way be affected or impaired thereby. The parties shall endeavor in
good-faith negotiations to replace the invalid, illegal or unenforceable
provisions with valid provisions the economic effect of which comes as close as
possible to that of the invalid, illegal or unenforceable provisions.

     SECTION 10.13. Judgment Currency. (a) The Borrowers' obligations hereunder
and under the other Loan Documents to make payments in Dollars or in any
Alternative Currency (the "Obligation Currency") shall not be discharged or
satisfied by any tender or recovery pursuant to any judgment expressed in or
converted into any currency other than the Obligation Currency, except to the
extent that such tender or recovery results in the effective receipt by the
Administrative Agent or a Lender of the full amount of the Obligation Currency
expressed to be payable to the Administrative

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<PAGE>

Agent or such Lender under this Agreement or the other Loan Documents. If, for
the purpose of obtaining or enforcing judgment against any Borrower or in any
court or in any jurisdiction, it becomes necessary to convert into or from any
currency other than the Obligation Currency (such other currency being
hereinafter referred to as the "Judgment Currency") an amount due in the
Obligation Currency, the conversion shall be made at the Alternative Currency
Equivalent or Dollar Equivalent, in the case of any Alternative Currency or
Dollars, and, in the case of other currencies, the rate of exchange (as quoted
by the Administrative Agent or if the Administrative Agent does not quote a rate
of exchange on such currency, by a known dealer in such currency designated by
the Administrative Agent) determined, in each case, as of the date immediately
preceding the day on which the judgment is given (such Business Day being
hereinafter referred to as the "Judgment Currency Conversion Date").

     (b) If there is a change in the rate of exchange prevailing between the
Judgment Currency Conversion Date and the date of actual payment of the amount
due, the Borrower covenants and agrees to pay, or cause to be paid, as a
separate obligation and notwithstanding any judgment, such additional amounts,
if any (but in any event not a lesser amount), as may be necessary to ensure
that the amount paid in the Judgment Currency, when converted at the rate of
exchange prevailing on the date of payment, will produce the amount of the
Obligation Currency which could have been purchased with the amount of Judgment
Currency stipulated in the judgment or judicial award at the rate of exchange
prevailing on the Judgment Currency Conversion Date.

     (c) For purposes of determining the Alternative Currency Equivalent or
Dollar Equivalent or rate of exchange for this Section, such amounts shall
include any premium and costs payable in connection with the purchase of the
Obligation Currency.

     SECTION 10.14. Counterparts. This Agreement may be executed in two or more
counterparts, each of which shall constitute an original but all of which when
taken together shall constitute but one contract, and shall become effective as
provided in Section 10.03.

     SECTION 10.15. Headings. Article and Section headings and the Table of
Contents used herein are for convenience of reference only, are not part of this
Agreement and are not to affect the construction of, or to be taken into
consideration in interpreting, this Agreement.

     SECTION 10.16. Jurisdiction; Consent to Service of Process. (a) Each
Borrower hereby irrevocably and unconditionally submits, for itself and its
property, to the nonexclusive jurisdiction of any New York State court or
Federal court of the United States of America sitting in New York City, and any
appellate court from any thereof, in any action or proceeding arising out of or
relating to this Agreement or the other Loan Documents, or for recognition or
enforcement of any judgment, and each of the parties hereto hereby irrevocably
and unconditionally agrees that all claims in respect of any such action or
proceeding may be heard and determined in such New York State or, to the extent
permitted by law, in such Federal court. Each of the parties hereto agrees that
a final judgment in any such action or proceeding shall be conclusive and may be

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enforced in other jurisdictions by suit on the judgment or in any other manner
provided by law. Nothing in this Agreement shall affect any right that any
Lender may otherwise have to bring any action or proceeding relating to this
Agreement or the other Loan Documents against any Borrower or its properties in
the courts of any jurisdiction.

     (b) Each Borrower hereby irrevocably and unconditionally waives, to the
fullest extent it may legally and effectively do so, any objection which it may
now or hereafter have to the laying of venue of any suit, action or proceeding
arising out of or relating to this Agreement or the other Loan Documents in any
New York State or Federal court. Each of the parties hereto hereby irrevocably
waives, to the fullest extent permitted by law, the defense of an inconvenient
forum to the maintenance of such action or proceeding in any such court.

     (c) Each party to this Agreement irrevocably consents to service of process
in the manner provided for notices in Section 10.01. Nothing in this Agreement
will affect the right of any party to this Agreement to serve process in any
other manner permitted by law.

     SECTION 10.17. USA Patriot Act. Each Lender hereby notifies the Borrowers
that pursuant to the requirements of the USA Patriot Act (Title III of Pub. L.
107-56 (signed into law October 26, 2001)) (the "Act"), it is required to
obtain, verify and record information that identifies each Borrower, which
information includes the name and address of each Borrower and other information
that will allow such Lender to identify each Borrower in accordance with the
Act.

     SECTION 10.18. No Fiduciary Relationship. The Borrowers agree that in
connection with all aspects of the transactions contemplated hereby and any
communications in connection therewith, the Borrowers and their Affiliates, on
the one hand, and the Administrative Agent, the Lenders and their respective
Affiliates, on the other hand, will have a business relationship that does not
create, by implication or otherwise, any fiduciary duty on the part of the
Administrative Agent, the Lenders or their respective Affiliates, and no such
duty will be deemed to have arisen in connection with any such transactions or
communications.

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<PAGE>

     IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed by their duly authorized officers, all as of the date first above
written.

                                HARSCO CORPORATION,

                                by: /s/ Salvatore D. Fazzolari
                                    -------------------------------
                                    Name: Salvatore D. Fazzolari
                                    Title: President and Chief Financial Officer

                                JPMORGAN CHASE BANK, N.A., individually and as
                                Administrative Agent,

                                by: /s/ Anthony White
                                    -------------------------------
                                    Name: Anthony White
                                    Title: Vice President

                                       70CCA APA

    
      

        EXECUTION
          COPY

         

        PURCHASE
          AGREEMENT dated
          as
          of July 6, 2007 by and among Chandler Chicco Agency,
          LLC, a
          New York limited liability company (“CCA
          NY”),
          BioSector 2 LLC, a New York limited liability company (collectively, the
          “Company
          Parties”
and
          each individually a “Company
          Party”),
          the
          members of the Companies listed on Schedule I hereto (the
          “Members”,
          and
          individually a “Member”),
          inVentiv
          Health, Inc., a Delaware corporation (“Parent”),
          and
          Chandler
          Chicco
          LLC, a Delaware limited liability company (“Purchaser”).
          The
          Company Parties, the Members, Parent and Purchaser are sometimes are referred
          to
          herein collectively as the “Parties”
and
          each individually as a “Party.”

         

        WHEREAS,
          the
          Members own all of the membership interests of the Company Parties and
          all of
          the equity interests in Chandler
          Chicco Agency SARL, an entity organized under the laws of France, and BioSector
          2, Limited, an entity organized under the laws of the United Kingdom
          (collectively with the Company Parties, the “Companies”);
          and

         

        WHEREAS,
          each
          Member desires to sell to the Purchaser, and Purchaser is willing to purchase
          from such Member, such membership interests, subject to the terms and conditions
          of this Agreement;

         

        WHEREAS,
          in order to induce the Members to enter into this Agreement, Parent is
          executing
          a guaranty of Purchaser’s obligations hereunder simultaneously with the
          execution of this Agreement; 

         

        WHEREAS,
          in order to induce Purchaser and Parent to enter into this Agreement, Robert
          Chandler (“Chandler”)
          and
          Giacomo F. Chicco (“Chicco”)
          are
          entering into new employment agreements with CCA
          NY
          (the
“Employment
          Agreements”)
          simultaneously with the execution of this Agreement; and

         

        WHEREAS,
          certain terms used in this Agreement are defined in Section 10.1.

         

        NOW,
          THEREFORE, in consideration of the mutual covenants, representations and
          warranties made herein and other good and valuable consideration, the receipt
          and sufficiency of which hereby are acknowledged, the Parties agree as
          follows:

        

        

        ARTICLE
          I  

         

        

        PURCHASE
          AND SALE TRANSACTION

        

        Section
          1.1.  Sale
          of Membership and Equity Interests.
          On and
          subject to the terms and conditions of this Agreement, at the closing of
          the
          transactions contemplated hereby (the “Closing”),
          each
          Member will sell, assign, transfer and deliver to Purchaser, and Purchaser
          will
          purchase from such Member, the membership and equity interests of the Companies
          (“Membership
          Interests”),
          set
          forth opposite such Member’s name on Schedule I hereto constituting all of the
          outstanding Membership Interests owned by such Member. 

         

            Section
          1.2.  Purchase
          Price.
          

         

        (a)  The
          consideration to be paid by Purchaser for the Membership Interests (the
          “Purchase
          Price”)
          shall
          be, in the aggregate, (i) the difference between (A) [***] and
          (B)
          the amount of Indebtedness, if any, outstanding immediately following the
          Closing (after giving effect to the last sentence of this Section 1.2)
          in cash,
          payable as directed by the Representative (subject to the last sentence
          of this
          Section 1.2) by electronic funds transfer at the Closing, subject to adjustment
          as provided in Section 1.4 (the “Initial
          Cash Purchase Price”),
          to an
          account specified in writing by the Representative to Purchaser no later
          than
          three business days prior to the Closing for allocation among the Members,
          (ii)
          a number of unregistered shares of the common stock, par value $0.001 per
          share,
          of Parent (“Parent
          Common Stock”)
          equal
          to the quotient of (x) [***]
          divided by (y) the Fair Market Value of one share of Parent Common Stock
          as of
          June 27, 2007 (the “Initial
          Shares”)
          and
          (iii) all amounts payable or distributable to the Members and the participants
          in the Phantom Equity Plan in accordance with Schedule I to this Agreement
          and
          Schedule I to the Phantom Equity Plan pursuant to Section 1.5 below.
          Notwithstanding the foregoing, (x) the portion of the fee payable to AdMedia
          Partners, Inc. ("AdMedia")
          under
          the letter agreement dated October 16, 2006 between AdMedia and CCA NY
          (the
          "AdMedia
          Engagement Letter")
          shall
          be accrued by CCA NY as a pre-Closing expense and paid directly by Purchaser,
          for the account of CCA NY, to AdMedia and (y) at Purchaser's election,
          a portion
          of the Initial Cash Purchase Price sufficient to discharge all or any portion
          of
          the Indebtedness outstanding as of the Closing Date may be paid by Purchaser
          directly to the holders of such Indebtedness.

         

        (b)  On
          the
          Closing Date (as defined below), Purchaser shall deliver to the transfer
          agent
          for the Parent Common Stock irrevocable instructions to deliver the Initial
          Shares to The Bank of New York, as escrow agent (the “Escrow
          Agent”)
          pursuant to an escrow agreement dated as of the Closing Date among Purchaser,
          the Members and the Escrow Agent (the “Escrow
          Agreement”),
          in
          substantially the form annexed hereto as Exhibit
          A.
           The
          Initial Shares shall be held in escrow until the [***] anniversary
          of the Closing Date as more fully set forth in the Escrow
          Agreement.

         

        (c)  Except
          as
          set forth in the Phantom Equity Plan, no Member shall pay or transfer any
          portion of the Purchase Price or any rights thereunto to any Person who
          provides
          services to the Business at the time of or any time following the Closing.
          Such
          consideration is not in lieu of, and shall not reduce any compensation
          to which
          the participants are entitled in respect of services, is fully vested as
          of the
          date hereof and shall be made at the times provided for in the Phantom
          Equity
          Plan irrespective of whether such beneficiaries continue to render services
          to
          any of the parties hereto or their Affiliates.

         

        (d)  On
          the
          Closing Date, Purchaser shall deliver to the Representative a proposed
          allocation of (i) the Purchase Price among the Companies (the "Entity
          Allocation")
          and
          (ii) the Purchase Price consistent with the requirements of Section 1060
          of the
          Code and Treasury Regulations Section 1.1060-1(b)(4) and in such detail
          as
          Purchaser may determine to be appropriate, or a method for arriving at
          such an
          allocation (the “Purchase
          Price Allocation”).
          The
          parties shall attempt to reach an agreement regarding the Entity Allocation
          and
          the Purchase Price Allocation as soon as possible following Buyer’s delivery of
          the Entity Allocation and the Purchase Price Allocation to the Representative
          pursuant to the preceding sentence. In the event the parties agree on the
          Entity
          Allocation and the Purchase Price Allocation, Purchaser and the Representative
          shall prepare and file all the all returns, declarations, reports, estimates,
          information returns, and statements (“Returns”)
          that
          may be required with respect to the transaction provided for herein pursuant
          to
          Section 1060 of the Internal Revenue Code of 1986, as amended (the “Code”),
          any
          Treasury Regulations promulgated thereunder, any other similar provision
          of the
          Code and any other similar, applicable foreign, state or local Tax Law
          or
          regulation, including IRS Form 8594 based on and consistent in all respects
          with
          the Entity Allocation and the Purchase Price Allocation. Purchaser and
          the
          Representative shall each provide to the others, on a timely basis, information
          that may be reasonably required for the purpose of preparing such Returns.
          In
          the event the parties are not able to reach an agreement on the Entity
          Allocation or the Purchase Price Allocation within thirty (30) days following
          the Closing, the Entity Allocation and the Purchase Price Allocation shall
          be
          determined as promptly as practicable by the Neutral Accountant, provided
          that
          Purchaser's proposed Entity Allocation shall be used to complete title
          transfer
          documentation and transfer, stamp or similar tax returns or declarations
          at the
          Closing.

         

        Section
          1.3.  Closing
          Date.
          Subject
          to the satisfaction of the conditions set forth in this Section 1.3 and
          Sections
          6.1 and 6.2 (or the waiver thereof by the Party entitled to waive such
          conditions), the Closing shall take place at the offices of Akerman Senterfitt
          LLP, 335 Madison Avenue, Suite 2600, New York, New York 10017 on July 6,
          2007.
          The Closing shall be effective as of 12:01 a.m. on July 7, 2007 (the
“Closing
          Date”).
          As
          part of the Closing, (i) each Member will deliver to Purchaser such evidence
          of
          ownership of the Membership Interests by such Member, as is reasonably
          satisfactory to Purchaser accompanied by a duly executed assignment assigning
          such Membership Interests to Purchaser and otherwise in good form for transfer,
          (ii) Purchaser shall pay to such Member the portion of the Initial Cash
          Purchase
          Price payable to such Member as set forth on Schedule I, (iii) Parent shall
          issue irrevocable instructions to the transfer agent for the Parent Common
          Stock
          to issue the Initial Shares in the name of such Member as set forth on
          Schedule
          I and deliver them to the Escrow Agent and (iv) the Parties shall make
          the
          deliveries described in Article VI. Purchaser shall not be required to
          purchase
          any Membership Interests unless all Membership Interests are properly tendered
          in accordance with the terms of this Agreement.

         

        Section
          1.4.  Working
          Capital Adjustment.
          The
          Purchase Price shall be subject to adjustment after the Closing Date as
          follows:

         

        (a)  Within
          60
          days after the Closing Date, Purchaser shall prepare and deliver to Chandler,
          as
          representative for the Members (in such capacity, the “Representative”)
          a
          statement (the “Closing
          Working Capital Statement”)
          calculating the Working Capital (as defined below) of the Companies as
          of the
          Closing Date (the “Closing
          Working Capital Amount”).
          For
          purposes of this Agreement, “Working
          Capital”
shall
          mean the current assets of the Companies and the Subsidiaries as of the
          Closing
          Date (including accounts receivable (net of allowance for doubtful accounts)
          and
          work in process), exclusive of deferred tax assets, less the current liabilities
          of the Companies and the Subsidiaries as of the Closing Date (including
          all GAAP
          accruals, whether or not traditionally reflected on the Companies’ or any
          Subsidiary’s balance sheet as a current liability) and all other liabilities of
          the Companies and the Subsidiaries as of the Closing Date and shall be
          calculated in accordance with GAAP and accounting policies and procedures
          consistent with those employed in the preparation of Parent’s publicly filed
          financial statements. Notwithstanding the foregoing, (i) current assets of the
          Companies and the Subsidiaries for purposes of this computation shall include
          all of the Companies’ and the Subsidiaries’ rent security deposits outstanding
          and (ii) current liabilities shall exclude the current portion of Indebtedness
          that is deducted in determining the Purchase Price pursuant to clause (i)(B)
          of
          Section 1.2(a). Working Capital shall be calculated on a combined basis
          and,
          with respect to the Subsidiaries, a consolidated basis. 
          Purchaser shall provide the Representative, and a single accounting firm
          for the
          Representative, reasonable access to all (i) work papers and written procedures
          used to prepare the Closing Working Capital Statement and (ii) Books and
          Records
          and personnel to the extent reasonably necessary to enable the Representative
          and such accounting firm to conduct a sufficient review of the Closing
          Working
          Capital Statement and verify the calculation of the Closing Working Capital
          Amount. If the Representative disputes the Closing Working Capital Amount
          as
          shown on the Closing Working Capital Statement prepared by the Purchaser,
          the
          Shareholder shall deliver to the Purchaser within 30 days after receipt
          of the
          Closing Working Capital Statement a statement (the “Dispute
          Notice”)
          setting forth the Representative’s calculation of the Closing Working Capital
          Amount and describing in reasonable detail the basis for the determination
          of
          such different Closing Working Capital Amount. The parties shall use reasonable
          efforts to resolve such differences regarding the determination of the
          Closing
          Working Capital Amount within a period of 30 days after the Representative
          has
          given the Dispute Notice. If the parties resolve such differences, the
          Closing
          Working Capital Amount agreed to by the parties shall be deemed to be the
          “Final
          Closing Working Capital Amount”
and
          the
          Closing Working Capital Statement agreed to by the Parties shall be deemed
          to be
          the “Final
          Closing Working Capital Statement.”

         

        (b)  If
          Purchaser and the Representative do not reach a final resolution on the
          Closing
          Working Capital Amount within 30 days after the Representative has given
          the
          Dispute Notice, unless Purchaser and the Representative mutually agree
          to
          continue their efforts to resolve such differences, the Neutral Accountant
          shall
          resolve such differences, pursuant to an engagement agreement among the
          Purchaser, the Representative and the Neutral Accountant (which Purchaser
          and
          the Representative agree to execute promptly), in the manner provided below.
          Purchaser and the Representative shall each be entitled to make a presentation
          to the Neutral Accountant, pursuant to procedures to be agreed to among
          Purchaser, the Shareholder and the Neutral Accountant (or, if they cannot
          agree
          on such procedures, pursuant to procedures determined by the Neutral
          Accountant), regarding such party’s calculation of the Closing Working Capital
          Amount; and the Neutral Accountant shall be required to resolve the differences
          between Purchaser and the Representative and determine the Closing Working
          Capital Amount within 20 days after the engagement of the Neutral Accountant.
          The Closing Working Capital Amount determined by the Neutral Accountant
          shall be
          deemed to be the Final Closing Working Capital Amount and the Closing Working
          Capital Statement, as adjusted to reflect such determination, shall be
          deemed to
          be the Final Closing Working Capital Statement. Such determination by the
          Neutral Accountant shall be conclusive and binding upon the parties, absent
          fraud or manifest error. Nothing in this Section 1.4(b) shall be construed
          to
          authorize or permit the Neutral Accountant to:

         

        (i)  determine
          any questions or matters whatsoever under or in connection with this Agreement
          except for the resolution of differences between Purchaser and the
          Representative regarding the determination of the Closing Working Capital
          Amount; or

         

        (ii)  resolve
          any such differences by making an adjustment to the Closing Working Capital
          Statement that is outside of the range defined by amounts as finally proposed
          by
          the Purchaser and the Representative.

         

        Purchaser,
          on the one hand, and the Representative, on the other hand, shall each
          pay one
          half of the fees and expenses of the Neutral Accountant.

        

        (c)  If
          the
          Final Closing Working Capital Amount is less than [***],
          then the Members shall pay to Purchaser in accordance with the percentages
          of
          the Initial Cash Payment to which they are entitled in accordance with
          Schedule
          I an amount equal to the difference between [***] and
          the
          Final Closing Working Capital Amount. If the Final Closing Working Capital
          Amount is more than [***], then Purchaser shall pay to the Members in accordance
          with the percentages of the Initial Cash Payment which they are entitled
          to in
          accordance with Schedule I an amount equal to the difference between the
          Final
          Closing Working Capital Amount and [***].
          Any
          payment pursuant to this Section 1.4(c) shall be made in cash by wire
          transfer of immediately available funds into one or more accounts designated
          in
          writing by Purchaser or the Representative, as the case may be, within five
          business days after the date on which the Final Closing Working Capital
          Amount
          is determined.

         

        Section
          1.5.  Earnout
          Payments. 

         

        (a)
          [***] 
          The
          Members and the Phantom Equity Participants (as defined below) shall be
          entitled
          to additional consideration from Purchaser (any such additional consideration
          an
“Earnout
          Amount”)
          determined as follows:

        

        [***]

         

        [***]

         

        [***]

         

        As
          used
          herein:

         

        [***]

         

        [***]

         

        [***]

         

        [***]

         

        [***]

         

        [***]
          shall be delivered to the Representative for allocation among the Members
          and
          the participants in the Phantom Equity Plan in accordance with Schedule
          I to
          this Agreement and Schedule I to the Phantom Equity Plan (which, at Purchaser's
          request, shall be specified in written instructions delivered to Purchaser
          by
          the Representative). At Purchaser’s option, up to [***]
          may
          be satisfied by the issuance to the Members and the Phantom Equity Plan
          participants in accordance with Schedule I to this agreement and Schedule
          I to
          the Phantom Equity Plan of unregistered shares of Parent Common Stock having
          an
          aggregate Fair Market Value equal to [***] The
          shares of Parent Common Stock issued in satisfaction of any portion of
          an
          Earnout Amount are referred to as “Earnout
          Shares”
and,
          together with the Initial Shares, as the “Parent
          Shares”.
          In no
          event will any Parent Shares be issued hereunder if the issuance of such
          Parent
          Shares would cause (A) the sum of (1) the total number of Parent Shares
          issued
          pursuant to this Agreement, (2) the number of shares of Parent Common Stock,
          if
          any owned by Members and the participants in the Phantom Equity Plan immediately
          prior to the Closing and (3) the shares of Parent Common Stock, if any,
          issued
          to Members and the participants in the Phantom Equity Plan pursuant to
          employment-related incentive grants to exceed 19.9% of the number of shares
          of
          Parent Common Stock outstanding immediately prior to the Closing or (B)
          the
          voting power of the securities described in the preceding clauses (A)(1)
          through
          (3) to exceed 19.9% of the voting power of the voting securities of Parent
          outstanding immediately prior to the Closing. [***] Each Party acknowledges
          and
          agrees that neither Purchaser, the Members nor any other Person makes any
          guarantee or representation to any other Party that any Earnout Amount
          will be
          realized. Any Earnout Amount that is paid in cash or Earnout Shares to
          Members
          or their designees shall be treated as a component of the Purchase
          Price.

        

        (b)
          Purchaser shall at its expense deliver to Representative within 90 days
          after
          the completion of:

         

        (i)  [***] 

         

        (ii)  [***]

         

        (iii)  [***] 

         

        (c)
          Purchaser shall provide Representative and the accounting firm selected
          by
          Representative on behalf of the Members with reasonable access to all books
          and
          records and working papers to the extent reasonably necessary to enable
          Representative and such accounting firm to verify such calculations after
          the
          delivery thereof. 

         

        (d)
          Such
          calculations shall be binding on the parties to this Agreement unless the
          Representative, within 30 days after the delivery of the calculations by
          Purchaser to the Representative, notifies Purchaser in writing that it
          objects
          to any item or computation in connection with the calculations and specify
          in
          reasonable detail the basis for such objection. If the Representative delivers
          such a notice and the Representative and Purchaser are unable to agree
          upon the
          calculations within 20 days after any notice of objection has been given
          by the
          Representative to Purchaser, then (i) [***] within five business days after
          receipt of such notice and (ii) at the election of either Purchaser or
          the
          Representative, the dispute shall be submitted to the Neutral Accountant
          for a
          final determination in accordance with the procedures set forth in Section
          1.4(b), which determination shall be final and binding upon the parties,
          absent
          fraud or manifest error. The Members on the one hand and Purchaser on the
          other
          hand shall each bear one-half of the fees, costs and expenses of the Neutral
          Accountant in the event such an election is made. 

         

        (e)
          For
          purposes of this Agreement:

         

        [***]

         

        (f)
          [***]
          Parent shall not be required to give such instructions until the third
          business
          day after the Representative has notified Purchaser in writing of the address
          to
          which such shares of Parent Common Stock are to be delivered. 

         

        (g)
           [***]

         

        (iv)  [***]

         

        (v)  [***]

         

        (vi)  [***]

         

        (vii)  [***] 

         

        (viii)  [***] 

         

        (ix)  [***]

         

        (x)  [***] 

         

        (xi)  [***] 

         

        (xii)  [***] 

         

        (h) In
          the
          event of a merger, consolidation or other transaction prior to the Final
          Earnout
          Amount Determination Date (a “Conversion
          Transaction”)
          as a
          result of which substantially all of the outstanding shares of Parent Common
          Stock are converted into the right to receive, in whole or in part, equity
          securities, if such equity securities are traded on the New York Stock
          Exchange,
          the American Stock Exchange, The Nasdaq Stock Market or another securities
          exchange or interdealer quotation system reasonably acceptable to the Member
          (“Listed
          Equity Securities”),
          (i)
          any issued Parent Shares, including shares held pursuant to the Escrow
          Agreement, shall be eligible to participate in any Conversion Transaction
          on the
          same basis as other outstanding shares of Parent Common Stock and [***].
           For
          such
          purpose, such Listed Equity Securities shall be valued at their aggregate
          Fair
          Market Value as of the Final Earnout Amount Determination Date. In the
          event
          that, in any Conversion Transaction, substantially all of the outstanding
          shares
          of Parent Common Stock are converted into the right to receive equity securities
          that are not Listed Equity Securities (or are converted into the right
          to
          receive a combination of such equity securities and cash), then the Earnout
          Amount, if any, shall be required to be satisfied entirely in cash. [***]

         

        Section
          1.6.  Lock-Up
          Agreement.
          During
          the applicable Restricted Period, the Members shall not sell, pledge, hedge
          or
          otherwise dispose of any economic interest in any of the Parent Shares
          (including by entering into any covered or uncovered short transaction)
          except
          pursuant to and in accordance with the terms of a Conversion Transaction,
          in
          which event the restrictions contained in this Section 1.6 shall apply
          to any
          Listed Equity Securities issued in exchange for Parent Shares. “Restricted
          Period”
means
          (i) with respect to the Initial Shares, the period ending on the first
          anniversary of the Closing Date and (ii) with respect to the Earnout Shares,
          if
          any, the period ending on the first anniversary of the Final Earnout Amount
          Determination Date. 

         

        Section
          1.7.  Transferability;
          Legending of Parent Shares; Resale Registration.
          (a) The
          Members acknowledge that the Parent Shares are being acquired pursuant
          to an
          exemption from registration under the Securities Act of 1933, as amended
          (the
“Securities
          Act”)
          and
          that the Parent Shares may be transferred only pursuant to an effective
          registration statement or an exemption from registration under the Securities
          Act. Each Member represents that they are familiar with Rule 144 under
          the
          Securities Act. No Members shall be permitted to transfer any Parent Shares
          in
          the absence of an effective registration statement unless such Member has
          furnished Parent with an opinion of counsel, reasonably satisfactory to
          Parent,
          that such disposition does not require registration of such Parent Shares
          under
          the Securities Act. 

         

        (b)
          It is
          understood that the certificates evidencing the Parent Shares may bear
          a legend
          to the following effect:

         

        THE
          SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER
          THE
          SECURITIES ACT OF 1933, AS AMENDED. SUCH SECURITIES MAY NOT BE SOLD, PLEDGED,
          HYPOTHECATED OR TRANSFERRED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION
          STATEMENT WITH RESPECT THERETO OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION
          REQUIREMENTS OF SUCH ACT.

         

        The
          certificates evidencing the Parent Shares may also bear any legends required
          by
          applicable blue sky laws.

        

        (c)
          (i)
          Parent may, at its option, but without any obligation to do so, include
          in any
          non-underwritten registration of shares of Parent Common Stock any or all
          Parent
          Shares issued or to be issued for the account of the Members hereunder.
          The
          inclusion of any Parent Shares that are subject to the restrictions set
          forth in
          Section 1.6 in a registration statement filed by Parent, or a prospectus
          supplement or amendment thereto, shall not affect the operation of Section
          1.6
          except as otherwise agreed by Parent in its sole discretion. For so long
          as any
          Parent Shares are included in an effective registration statement, the
          Members
          agree not to dispose of such Parent Shares in a transaction that would
          require
          the filing of a Form 144.

        

        (ii)
          (A)
          Parent will indemnify and hold harmless, to the fullest extent permitted
          by law,
          the Members, their officers, directors and agents, affiliates, advisors,
          brokers
          and employees, each person who controls any Member (within the meaning
          of
          Section 15 of the Securities Act or Section 20 of the Securities
          Exchange Act of 1934 (the “Exchange
          Act”))
          and the
          officers, directors, agents, affiliates, advisors, brokers and employees
          of any
          such controlling person, from and against all damages, as incurred, arising
          out
          of or based upon any untrue or alleged untrue statement of a material fact
          contained in a registration statement pursuant to which any of the Parent
          Shares
          are registered for resale (each a “Resale
          Registration Statement”),
          any
          prospectus or form of prospectus or in any amendment or supplement thereto
          or in
          any preliminary prospectus, or arising out of or based upon any omission
          or
          alleged omission to state therein a material fact required to be stated
          therein
          or necessary to make the statements therein not misleading, except to the
          extent
          the same are based upon information with respect to any Member furnished
          in
          writing to Parent by such Member expressly for use therein; provided,
          however,
          that
          Parent will not be liable to such Member to the extent that any such damages
          arise out of or are based upon an untrue statement or alleged untrue statement
          or omission or alleged omission made in any preliminary prospectus if either
          (x)(i) such Member failed to send or deliver a copy of the prospectus with
          or
          prior to the delivery of written confirmation of the sale by such Member
          of a
          Parent Share to the person asserting the claim from which such damages
          arise and
          (ii) the prospectus would have corrected such untrue statement or alleged
          untrue
          statement or such omission or alleged omission or (y) such untrue statement
          or
          alleged untrue statement or such omission or alleged omission is corrected
          in an
          amendment or supplement to the prospectus previously furnished by or on
          behalf
          of Parent with copies of the prospectus as so amended or supplemented delivered
          by Parent, and such Member thereafter fails to deliver such prospectus
          as so
          amended or supplemented prior to or concurrently with the sale of a Parent
          Share
          to the person asserting the claim from which such damages arise; provided,
          further,
          however,
          that
          the indemnity agreement contained in this Section 1.7(c)(ii)(A) will not
          apply
          to amounts paid in settlement of any such damages if such settlement is
          effected
          without the consent of Parent (which consent will not be unreasonably withheld).
          The rights of the Members hereunder will not be exclusive of the rights
          of the
          Members under any other agreement or instrument.

        

        (B)
          Each
          Member
          will
          indemnify and hold harmless, to the fullest extent permitted by law, Parent
          and
          its Affiliates (including, from and after the Closing, the Companies and
          Subsidiaries), the officers, directors and agents, affiliates, advisors,
          brokers
          and employees of such Member, each underwriter of securities covered by
          a Resale
          Registration Statement, each person who controls any such Person (within
          the
          meaning of Section 15 of the Securities Act or Section 20 of the Exchange
          Act),
          and the officers, directors, agents, affiliates, advisors, brokers and
          employees
          of any such underwriter or controlling person, from and against all damages,
          as
          incurred, arising out of or based upon any untrue or alleged untrue statement
          of
          a material fact contained in any registration statement, prospectus or
          form of
          prospectus or in any amendment or supplement thereto or in any preliminary
          prospectus, or arising out of or based upon any omission or alleged omission
          to
          state therein a material fact required to be stated therein or necessary
          to make
          the statements therein not misleading, but only to the extent the same
          are
          contained in information with respect to such holder furnished in writing
          to
          Parent by such Member expressly for use therein; provided,
          however,
          that
          the indemnity agreement contained in this Section 1.7(c)(ii)(B) will not
          apply
          to amounts paid in settlement of any such damages if such settlement is
          effected
          without the consent of such Member (which consent will not be unreasonably
          withheld). The rights of Parent and its Affiliates hereunder will not be
          exclusive of the rights of Parent and its Affiliates under any other agreement
          or instrument. In no event will the liability of any Member hereunder be
          greater
          in amount than the dollar amount of proceeds (net of payment of all expenses
          and
          underwriters' discounts and commissions) received by such Member upon the
          sale
          of the Parent Shares giving rise to such indemnification
          obligation.

         

        Section
          1.8.  Authority
          of Representative.
          (a)
          Each Member hereunder irrevocably appoints the Representative to represent
          it
          and act as its attorney-in-fact and agent with respect to any and all matters
          relating to, arising out of, or in connection with , the Transaction Documents,
          including (i) for purposes of any action taken or omitted on behalf of
          such
          Member thereunder and (ii) any adjustment, disposition, settlement or other
          handling of any amounts or claims under Sections
          1.4 and 1.5
          and all
          rights or obligations arising under Article VIII. Except to the extent
          otherwise
          explicitly set forth herein or in any other Transaction Documents, all
          actions,
          omissions, notices, communications and determinations by or on behalf of
          a
          Member shall be given or made by the Representative and all such actions,
          omissions, notices, communications and determinations by the Representative
          pursuant or with respect to any provision of a Transaction Document shall
          conclusively be deemed to have been authorized by, and shall be binding
          upon and
          made on behalf of such Member. Purchaser shall be entitled to rely on any
          action
          or decision of the Representative as the act, omission, notice, communication
          or
          determination of each Member. The Members hereby agree to jointly and severally
          indemnify and hold harmless the Representative from and against (i) any
          Losses
          incurred without gross negligence or willful misconduct on the part of
          the
          Representative and arising out of or in connection with the acceptance,
          performance or nonperformance of his duties hereunder and (ii) any related
          out-of-pocket costs and expenses (including reasonable attorneys’ fees). If the
          person serving as the Representative dies or becomes legally disabled,
          Giacomo
          Chicci or, if he is unable or unwilling to serve, an individual selected
          by a
          majority-in-interest of the rights to allocation of consideration pursuant
          to
          Schedule I will be elected as the successor Representative. The Representative
          shall have sole responsibility for allocating the Purchase Price among
          the
          Members and the participants in the Phantom Equity Plan and neither Parent,
          Purchaser nor any of their Affiliates (including, following the Closing,
          the
          Companies) shall have any obligation or liability therefor
          whatsoever.

         

        ARTICLE
          II   

         

        

         

        REPRESENTATIONS
          AND WARRANTIES REGARDING THE MEMBERS

         

        Each
          Member represents and warrants to Purchaser that the following statements
          are
          correct and complete as of the date hereof and as of the Closing
          Date.

         

        Section
          2.1.  Authorization
          of Transactions.
          Such
          Member has full power and authority to execute and deliver this Agreement
          and
          the other Transaction Documents and to perform such Member’s obligations
          hereunder and thereunder. This Agreement and each other Transaction Document
          constitutes the valid and legally binding obligation of such Member, enforceable
          in accordance with its terms and conditions. 

         

        Section
          2.2.  Conflicts;
          Consents of Third Parties.
          The
          execution and delivery by such Member of this Agreement and the other
          Transaction Documents to which such Member is a party, the consummation of
          the transactions contemplated hereby or thereby, and compliance by such
          Member with the provisions hereof or thereof will not (i) conflict with,
          violate, result in the breach or termination of, or constitute a default
          under
          any Contract to which such Member is a party or by which such Member
          or such Member’s properties or assets is bound, or require a Consent from
          any Person in order to avoid any such conflict, violation, breach, termination
          or default; (ii) violate any Law or any Order by which such Member is bound;
          (iii) result in the creation of any Lien upon the properties or assets of
          such Member; or (iv) if such Member is other than an individual, conflict
          with,
          or result in the breach of, any provision of the certificate of
          incorporation or bylaws or comparable organizational documents
          (collectively, “Organizational
          Documents”)
          of
          such Member. No governmental franchise, easement, permit, right, application,
          filing, registration, license or other authorization (each a “Permit”),
          Order, waiver, declaration or filing with, or notification to any Person,
          including without limitation any Governmental Body, is required on the
          part of
          such Member in connection with the execution, delivery and performance
          of this
          Agreement or the other Transaction Documents to which it is a party, or
          the
          compliance by such Member with any of the provisions hereof or
          thereof.

         

        Section
          2.3.  Broker’s
          Fees.
          Such
          Member has no liability or obligation to pay any fees or commissions to
          any
          broker, finder, or agent with respect to the transactions contemplated
          by this
          Agreement for which any Company or Subsidiary or the Purchaser could become
          liable or obligated. Such Member shall be solely responsible for any obligations
          described in this Section 2.3 and will indemnify and hold the Purchaser
          Indemnitees (as defined below) harmless from and against any Losses (as
          defined
          below) resulting from or arising out of or any such obligations or matters.
          

         

        Section
          2.4.  Membership
          Interests.
          Such
          Member holds of record and owns beneficially the number of Membership Interests
          set forth next to such Member’s name on Schedule I free and clear of any Lien.
          Such Member is not a party to any option, warrant, purchase right, or other
          contract or commitment that could require such Member to sell, transfer,
          or
          otherwise dispose of any membership interest of any Company (other than
          this
          Agreement). Such Member is not a party to any voting trust, proxy, or other
          agreement or understanding with respect to the voting of any membership
          interest
          of any Company.

         

        Section
          2.5 Private
          Placement.
          Such
          Member is an “accredited investor” within the meaning of Rule 501 under the
          Securities Act and has sufficient knowledge and experience in investing
          in
          companies similar to Parent in terms of Parent's market capitalization
          and other
          relevant factors so as to be able to evaluate the risks and merits of his
          investment in Parent and he is able financially to bear the risks thereof.
          Such
          Member has had an opportunity to discuss the terms of the offering and
          sale of
          the Parent Shares and Parent's business, management and financial affairs
          with
          Parent's management and to obtain any additional information regarding
          the
          foregoing which Parent possesses or can acquire without unreasonable effort
          or
          expense. The Parent Shares to be issued to such Member are being acquired
          for
          such Member’s own accounts and not with a view to, or the intention of, any
          distribution in violation of the Securities Act or any applicable state
          securities laws. Such Member understands that (i)
          the
          Parent Shares have not been registered under the Securities Act by reason
          of the
          issuance of the Shares in a transaction exempt from the registration
          requirements of the Securities Act pursuant to Section 4(2) thereof or
          Rule 505
          or 506 promulgated under the Securities Act, (ii)
          the
          Parent Shares must be held indefinitely unless a subsequent disposition
          thereof
          is registered under the Securities Act or is exempt from such registration,
          (iii)
          the
          Parent Shares will bear a legend to such effect and (iv)
          Parent
          will issue stop transfer instructions to its transfer agent to such
          effect.

         

        

         

        
          
            
              ·  

            

            
            

          

          
            
            

            
              

            

          

          
            
            

            
            

          

        

        ARTICLE
          III  

         

        REPRESENTATIONS
          AND WARRANTIES REGARDING THE COMPANIES AND SUBSIDIARIES

         

        The
          Company Parties and the Members represent and warrant to Purchaser jointly
          and
          severally that, except as set forth in the Disclosure Schedule attached
          hereto
          (the “Disclosure
          Schedule”),
          the
          following statements are correct and complete as of the date hereof and
          as of
          the Closing Date. The Disclosure Schedule makes explicit reference to the
          particular representation or warranty as to which exception is taken, which
          in
          each case shall constitute the sole representation and warranty as to which
          such
          exception shall apply, provided that the disclosures in the Disclosure
          Schedule
          that are set forth expressly therein with particularity will apply to all
          representations and warranties. The disclosure of the existence of a contract
          on
          the Disclosure Schedule shall not, without more, constitute the disclosure
          of
          any particular provisions of such contract or the actual or potential
          consequences thereof.

         

        Section
          3.1.  Organization
          and Good Standing.
          Each
          Company is duly organized, validly existing and in good standing under
          the laws
          of its jurisdiction of organization and has all requisite power and authority
          to
          own, lease and operate its properties and to carry on its business, and
          each
          Subsidiary is duly organized, validly existing and in good standing under
          the
          laws of its jurisdiction of organization and has all requisite power and
          authority to own, lease and operate its properties and to carry on its
          business.
          Each Company and Subsidiary is duly qualified or authorized to do business
          as a
          foreign entity and is in good standing under the laws of each jurisdiction
          in
          which it owns or leases real property and each other jurisdiction in which
          the
          conduct of its business or the ownership of its properties requires such
          qualification or authorization, except where the failure to be so qualified
          or
          authorized would not have a Company Material Adverse Effect. Section 3.1
          of the
          Disclosure Schedule sets forth a true, correct and complete list of each
          jurisdiction in which each Company and Subsidiary is qualified or authorized
          to
          do business as a foreign entity.

         

        Section
          3.2.  Authorization
          and Enforceability.
          Each
          Company has all requisite power and authority to execute and deliver this
          Agreement and each other Transaction Document to which it is a party, and
          to
          consummate the transactions contemplated hereby and thereby. The execution,
          delivery and performance by each Company of each of the Transaction Documents
          to
          which it is a party have been duly authorized by all necessary corporate
          action
          on the part of such Company. This Agreement and the other Transaction Documents
          have been duly and validly executed and delivered by each Company and constitute
          legal, valid and binding obligations of such Company, enforceable against
          such
          Company in accordance with their respective terms subject to applicable
          bankruptcy, insolvency, reorganization, moratorium and similar laws affecting
          creditors’ rights and remedies generally and subject, as to enforceability, to
          general principles of equity (regardless of whether enforcement is sought
          in a
          proceeding at law or in equity).

         

        Section
          3.3.  Capitalization;
          Subsidiaries.
          Each
          Member has been validly admitted as a member of each Company and granted
          the
          percentage interest of membership interests of such Company as set forth
          in the
          operating agreement of such Company. All membership interests of each Company
          are owned beneficially by the Members. No membership interests have been
          issued
          in violation of any preemptive rights. No Company has any outstanding or
          authorized options, warrants, purchase rights, subscription rights, conversion
          rights, exchange rights, preemptive rights or other contracts or commitments
          that could require such Company to issue, sell, or otherwise cause to become
          outstanding any of its membership interests or securities convertible or
          exchangeable for, or any options, warrants, or rights to purchase, any
          of such
          membership interests. There are no outstanding obligations of any Company
          to
          repurchase, redeem or otherwise acquire any of its membership interests.
          There
          are no outstanding or authorized ownership appreciation, phantom equity,
          profit
          participation or similar rights with respect to any Company. Section 3.3
          of the
          Disclosure Schedule sets forth any direct or indirect interest in any
          corporation, partnership, joint venture or other Person owned by any
          Company.

         

        Section
          3.4.  Records.

         

        (a)
          The
          Companies have delivered to Purchaser true, correct and complete copies
          of the
          articles of organization or other charter document (certified by the Secretary
          of State or other appropriate official of the applicable jurisdiction of
          organization) and operating agreement (certified by the secretary, assistant
          secretary or other appropriate officer) of each Company and each
          Subsidiary.

         

        (b)
          Except as described in Section 3.4(b) of the Disclosure Schedule, neither
          any
          Company or Subsidiary nor the equityholders of any Company or Subsidiary
          have
          taken any material action of a governance nature.

         

        (c)
          Each
          Company and Subsidiary maintains a standard system of accounting established
          and
          administered in accordance with GAAP. The books, records and accounts of
          each
          Company and Subsidiary accurately and fairly reflect, in reasonable detail,
          the
          transactions and the assets and liabilities of such entity with respect
          to its
          business. Neither any Company nor any Subsidiary has engaged in any material
          transaction with respect to its business, maintained any bank account for
          its
          business or used any of its funds, except for transactions, bank accounts
          and
          funds which have been and are reflected in its normally maintained books,
          records and accounts. Each Company and Subsidiary maintains a system of
          internal
          accounting control sufficient to provide reasonable assurances that (i)
          transactions are executed in accordance with management’s general or specific
          authorization, (ii) transactions are recorded as necessary to permit preparation
          of financial statements in conformity with GAAP (or in the case of foreign
          entities, in accordance with International Accounting Standards), (iii)
          access
          to assets, properties, books, records and accounts is permitted only in
          accordance with management’s general or specific authorization, and (iv) the
          recorded accounting for assets is compared with the existing assets at
          reasonable intervals and appropriate action is taken with respect to any
          differences.

         

        Section
          3.5.  Conflicts;
          Consents of Third Parties.
          The
          execution and delivery by each Company of this Agreement and the other
          Transaction Documents to which it is a party, the consummation of the
          transactions contemplated hereby or thereby, and compliance by each Company
          with
          the provisions hereof or thereof will not (i) conflict with, or result
          in the
          breach of, any provision of the Organizational Documents of such Company
          or any
          of its Subsidiaries; (ii) conflict with, violate, result in the breach or
          termination of, or constitute a default under any Contract to which such
          Company
          or any of its Subsidiaries is a party or by which such Company or any of
          its
          Subsidiaries or its properties or assets is bound, or require a Consent
          from any
          Person in order to avoid any such conflict, violation, breach, termination
          or
          default; (iii) violate any Law or any Order by which such Company or any
          of its
          Subsidiaries is bound; or (iv) result in the creation of any Lien upon
          the properties or assets of such Company or any of its Subsidiaries. No
          Permit, Order, waiver, declaration or filing with, or notification to any
          Person, including without limitation any Governmental Body, is required
          on the
          part of such Company or any of its Subsidiaries in connection with the
          execution, delivery and performance of this Agreement or the other Transaction
          Documents to which it is a party, or the compliance by such Company or
          any of
          its Subsidiaries with any of the provisions hereof or thereof.

         

        Section
          3.6.  Financial
          Statements.
          Included in Section 3.6 of the Disclosure Schedule are (i) the reviewed
          balance sheets of the Companies and the Subsidiaries as at December 31,
          2004,
          2005 and 2006 and the related reviewed statements of income and of cash
          flows of
          the Companies and the Subsidiaries for the years then ended and (ii) the
          unaudited and unreviewed balance sheet of the Companies and the Subsidiaries
          as
          at April 30, 2007 and the related statements of income of the Companies
          and the
          Subsidiaries for the four-month period then ended and for the comparable
          periods
          in the prior year (such reviewed and unaudited and unreviewed statements,
          including the related notes and schedules thereto, are referred to herein
          as the
“Financial
          Statements”).
          The
          Financial Statements have been prepared from the books and records of the
          Companies and the Subsidiaries and fairly present in all material respects
          the
          financial position and results of operations, shareholders’ equity and cash
          flows of the Companies and the Subsidiaries as at the dates and for the
          periods
          reflected thereon in accordance with GAAP applied on a consistent basis
          (or in
          the case of foreign entities, in accordance with International Accounting
          Standards) throughout the periods indicated, except as may be indicated
          in the
          notes thereto and except, in the case of the unaudited and unreviewed financial
          statements, for the failure of the unaudited and unreviewed financial statements
          to include the footnotes required by GAAP, and subject to normal year-end
          adjustments that will not individually or in the aggregate be material.
          The
          financial forecasts for the Seller for the fiscal years 2007 included
          in Section 3.6 of the Disclosure Schedule (the “Projections”)
          were
          prepared based upon reasonable assumptions and reflect management’s good faith
          best estimate of the projected operating performance of the Companies and
          the
          Subsidiaries for such periods. The Projections are the most current financial
          forecasts prepared by the Companies and the Subsidiaries. All assumptions,
          projections and forecasts used in the preparation of the Projections are
          set
          forth therein and described in reasonable detail. No event has occurred
          and no
          facts or circumstances have arisen which make the assumptions, projections
          or
          forecasts, taken as a whole, upon which the Projections are based unreasonable
          or unrealistic. Purchaser acknowledges and agrees that (i) the Companies
          and the
          Subsidiaries and the Members make no guarantee or representation that the
          results estimated in the Projections will be realized, (ii) the factors
          upon
          which the assumptions and estimate were based may change from the date
          hereof
          and (iii) the results estimated in the Projections may differ materially
          from
          actual results.

         

        Section
          3.7.  No
          Undisclosed Liabilities.
          No
          Company or Subsidiary has any Liabilities except (a) to the extent
          specifically reflected and accrued for or specifically reserved against
          in the
          Balance Sheet and (b) for Liabilities incurred subsequent to the Balance
          Sheet
          Date in the ordinary course of business consistent with past custom and
          practice. 

         

        Section
          3.8.  Absence
          of Certain Developments.
          Since
          December 31, 2006 (and, with respect to clause (e) below, December 31,
          2005):

         

        (a)  there
          has
          not been any Company Material Adverse Change nor has there occurred any
          event
          which is reasonably likely to result in a Company Material Adverse
          Change;

         

        (b)  there
          has
          not been any damage, destruction or loss, whether or not covered by insurance,
          with respect to the property and assets of any Company or Subsidiary having
          a
          replacement cost of more than $5,000 for any single loss or $10,000 in
          the
          aggregate for any related losses;

         

        (c)  no
          Company or Subsidiary has made any change in the rate of compensation,
          commission, bonus or other direct or indirect remuneration payable, or
          paid or
          agreed or orally promised to pay, conditionally or otherwise, any bonus,
          incentive, retention or other compensation, retirement, welfare, fringe
          or
          severance benefit or vacation pay, to or in respect of any director, officer,
          employee, distributor or agent of any Company or Subsidiary, other than
          increases in the ordinary course of business consistent with past practice
          in
          the base salaries of employees of the Companies and the Subsidiaries other
          than
          officers or senior managers;

         

        (d)  no
          Company or Subsidiary has entered into any employment, deferred compensation,
          severance or similar agreement (nor amended any such agreement);

         

        (e)  there
          has
          not been any change by any Company or Subsidiary in accounting or Tax reporting
          principles, methods or policies or any settlement of any Tax
          controversy;

         

        (f)  no
          Company or Subsidiary has conducted its business other than in the ordinary
          course consistent with past practice;

         

        (g)  no
          Company or Subsidiary has entered into any other material
          transaction;

         

        (h)  no
          Company or Subsidiary has hired employees or engaged independent contractors
          to
          provide services for clients of the such Company or Subsidiary other than
          in the
          ordinary course of business consistent with, and at a level consistent
          with,
          past practice;

         

        (i)  no
          Company or Subsidiary has materially breached any Contract or materially
          amended
          any Contract;

         

        (j)  no
          Company or Subsidiary has failed to promptly pay and discharge current
          Liabilities except where disputed in good faith in an appropriate
          manner;

         

        (k)  no
          Company or Subsidiary has made any loans, advances or capital contributions
          to,
          or investments in, any Person or paid any fees or expenses to any Affiliate
          of
          such Company or Subsidiary other than intercompany transactions in the
          ordinary
          course of business consistent with past practice;

         

        (l)  no
          Company or Subsidiary has mortgaged, pledged or subjected to any Lien any
          of its
          assets, or acquired any assets or sold, assigned, transferred, conveyed,
          leased
          or otherwise disposed of any assets of such Company or Subsidiary except
          for
          assets acquired or sold, assigned, transferred, conveyed, leased or otherwise
          disposed of in the ordinary course of business consistent with past
          practice;

         

        (m)  no
          Company or Subsidiary has discharged or satisfied any Lien, or paid any
          obligation or Liability, except in the ordinary course of business consistent
          with past practice and which, in the aggregate, are not material to the
          Companies and the Subsidiaries;

         

        (n)  no
          Company or Subsidiary has canceled or compromised any debt or claim or
          amended,
          canceled, terminated, relinquished, waived or released any Contract or
          right
          except in the ordinary course of business consistent with past practice
          and
          which, in the aggregate, are not material to the Companies and the
          Subsidiaries;

         

        (o)  no
          Company or Subsidiary has made or committed to make any capital expenditures
          or
          capital additions or improvements in excess of $10,000 individually or
          in the
          aggregate, except as set forth in the Disclosure Schedule, or otherwise
          in the
          ordinary course of business consistent with past practices;

         

        (p)  no
          Company or Subsidiary has entered into any prepaid services transactions
          with
          any of its customers or otherwise accelerated revenue recognition or the
          sales
          of its services for periods prior to the Closing; 

         

        (q)  no
          Company or Subsidiary has amended any of its Organizational
          Documents;

         

        (r)  no
          Company or Subsidiary has issued any equity securities or any security
          exercisable or exchangeable for or convertible into equity securities of
          the
          such Company or Subsidiary; and

         

        (s)  no
          Company or Subsidiary has entered into any agreements to do or perform
          in the
          future any actions referred to in this Section 3.8 which have not been
          consummated as of the date hereof.

         

        Section
          3.9.  Taxes.
          

         

        (a)  Each
          Company and Subsidiary has timely filed with the appropriate taxing authorities
          all Tax Returns that it has been required to file. All such Tax Returns
          are
          true, correct and complete in all respects. All Taxes owed by the Companies
          and
          the Subsidiaries (whether or not shown on any Tax Return) have been paid.
          Adequate reserves have been established on the Financial Statements to
          provide
          for the payment of any Taxes which are not yet due and payable with respect
          to
          the Companies and the Subsidiaries for taxable periods or portions thereof
          ending on or before December 31, 2006. No Company or Subsidiary is the
          beneficiary of any extension of time within which to file any Tax Return.
          No
          claim has ever been made by an authority in a jurisdiction where any Company
          or
          Subsidiary does not file Tax Returns that it is or may be subject to taxation
          by
          that jurisdiction. There are no Liens on any of the assets of any Company
          or
          Subsidiary that have arisen in connection with any failure (or alleged
          failure)
          to pay any Tax.

         

        (b)  Each
          Company and each Subsidiary has withheld and paid to the appropriate taxing
          authority or other Governmental Body all Taxes required to have been withheld
          and paid in connection with amounts paid or owing to any employee, independent
          contractor, creditor, stockholder, or other third party.

         

        (c)  No
          Company or Subsidiary has waived or extended any statute of limitations
          in
          respect of Taxes or agreed to any extension of time with respect to the
          assessment, payment or collection of any Tax.

         

        (d)  To
          the
          extent that any Company or Subsidiary incurs Taxes after the date hereof
          with
          respect to periods or portions thereof ending on or prior to the Closing
          Date,
          such Company or Subsidiary shall pay all such Taxes on or prior to the
          Closing
          Date in compliance with all applicable laws and regulations, or if such
          Taxes
          are not yet due and payable on such date, the amount of such Taxes shall
          be
          accrued on the Closing Date Balance Sheet.

         

        (e)  None
          of
          the properties or assets of any Company or Subsidiary is property which,
          for Tax
          purposes, is required to be treated as owned by another Person. No Company
          or
          Subsidiary is an obligor on, and none of its assets have been financed
          directly
          or indirectly by, any tax-exempt bonds. No property or assets of any Company
          or
          Subsidiary is “tax-exempt use property” within the meaning of Section 168(h) of
          the Code. 

         

        (f)  No
          deficiency or proposed adjustment which has not been settled or otherwise
          resolved for any amount of Taxes has been asserted or assessed by any taxing
          authority or other Governmental Body against any Company or Subsidiary.
          There
          has not been, within the past five calendar years, an audit, examination
          or
          written notice of potential examination of any Tax Returns filed by any
          Company
          or Subsidiary. 

         

        (g)  There
          is
          no action, suit, examination, investigation, Governmental Body proceeding,
          or
          audit or claim for refund in progress, pending, proposed or threatened
          against
          or with respect to any Company or Subsidiary regarding Taxes.

         

        (h)  Neither
          the Companies nor any of their Subsidiaries has agreed to or been required
          to
          make any adjustment pursuant to Section 481(a) of the Code or any corresponding
          provision of state, local or foreign law by reason of any change in accounting
          method initiated by it or on its behalf; no taxing authority has proposed
          any
          such adjustment or change in accounting method; and no Company or Subsidiary
          has
          an application pending with any taxing authority requesting permission
          for any
          change in accounting method. No Company or Subsidiary will be required
          (A) as a
          result of a change in method of accounting for a taxable period ending
          on or
          prior to the Closing Date, to include any adjustment under Section 481(c)
          of the
          Code in taxable income for any taxable period (or portion thereof) beginning
          after the Closing or (B) as a result of any “closing agreement,” as described in
          Section 7121 of the Code, to include any item of income or exclude any
          item of
          deduction from any taxable period (or portion thereof) beginning after
          the
          Closing.

         

        (i)  No
          Company or Subsidiary has been a member of an affiliated group (as defined
          in
          Section 1504 of the Code), filed or been included in a combined, consolidated
          or
          unitary income Tax Return, and is not a partner, member, owner or beneficiary
          of
          any entity treated as a partnership or a trust for Tax purposes. No Company
          or
          Subsidiary has liability for Taxes of any person under Treasury Regulations
          Section 1.1502-6 or similar state or local laws, as a successor or transferee,
          by contract or otherwise.

         

        (j)  No
          Company or Subsidiary is a party to or bound by any Tax allocation or Tax
          sharing agreement and has no contractual obligation to indemnify any other
          Person with respect to Taxes.

         

        (k)  No
          Company or Subsidiary is nor has been a United States real property holding
          corporation within the meaning of Section 897(c)(2) of the Code during
          the
          applicable period specified in Section 897(c)(1)(A)(ii) of the
          Code.

         

        (l)  True,
          correct and complete copies of all income and sales Tax Returns filed by
          or with
          respect to each Company and Subsidiary for taxable periods ending on or
          after
          December 31, 2004 have been furnished or made available to
          Purchaser.

         

        (m)  No
          Company or Subsidiary has participated in any reportable transaction as
          contemplated in Treasury Regulations Section 1.6011-4.

         

        (n)  No
          Company or Subsidiary has taken any action that is not in accordance with
          past
          practice that could defer a liability for Taxes of such Company or Subsidiary
          from any taxable period ending on or before the Closing Date to any taxable
          period ending after such date.

         

        (o)  No
          Company or Subsidiary is required to include any item of income for any
          taxable
          period ending after the Closing as a result of an installment sale, open
          transaction or prepaid amount received on or prior to Closing Date.

         

        (p)  No
          Company or Subsidiary has distributed any equity or had any equity distributed
          in transaction that could be governed in whole or part by Section 355 or
          361 of
          the Code.

         

        (q)  No
          Company or Subsidiary is subject to Tax, or has a permanent establishment,
          in
          any foreign jurisdiction.

         

        (r)  No
          Company or Subsidiary has any pending ruling requests filed by it or on
          its
          behalf with any taxing authority or Governmental Body. 

         

        (s)  No
          Company or Subsidiary has ever been a personal holding company within the
          meaning of Section 542 of the Code. 

         

        Section
          3.10.  Real
          Property.

         

        (a)  No
          Company or Subsidiary owns in fee any real property or interest in real
          property. Section 3.10 of the Disclosure Schedule sets forth a complete
          list of
          all real property and interests in real property leased by any Company
          or
          Subsidiary (individually, a “Real
          Property Lease”
and
          the
          real properties specified in such leases being referred to herein individually
          as a “Company
          Property”
and
          collectively as the “Company
          Properties”)
          as
          lessee. The Company Properties constitutes all interests in real property
          currently used or currently held for use in connection with the Business
          or
          which are necessary for the continued operation of the Business as the
          Business
          is currently conducted and proposed to be conducted. A Company or Subsidiary
          has
          a valid and enforceable leasehold interest under each of the Real Property
          Leases, subject to applicable bankruptcy, insolvency, reorganization, moratorium
          and similar laws affecting creditors’ rights and remedies generally and subject,
          as to enforceability, to general principles of equity (regardless of whether
          enforcement is sought in a proceeding at law or in equity). No Company
          or
          Subsidiary has received any written notice of any default or event that
          with
          notice or lapse of time, or both, would constitute a default under any
          of the
          Real Property Leases and each Company and Subsidiary and, to the Company's
          Knowledge, each other party thereto is in compliance with all obligations
          of
          such party thereunder. All of the Company Property, buildings, fixtures
          and
          improvements thereon owned or leased by the Companies and Subsidiaries
          are in
          good operating condition and repair (subject to normal wear and tear).
          The
          Companies have delivered or otherwise made available to Purchaser true,
          correct
          and complete copies of the Real Property Leases, together with all amendments,
          modifications or supplements, if any, thereto.

         

        (b)  Each
          Company and Subsidiary has all certificates of occupancy and Permits of
          any
          Governmental Body necessary or useful for the current use and operation
          of each
          Company Property used by it, and such Company or Subsidiary has fully complied
          with all conditions of the Permits applicable to it. No default or violation,
          or
          event that with the lapse of time or giving of notice or both would become
          a
          default or violation, has occurred in the due observance of any
          Permit.

         

        Section
          3.11.  Tangible
          Personal Property; Title; Sufficiency of Assets.

         

        (a)  Section
          3.11 of the Disclosure Schedule lists all leases of personal property
          (“Personal
          Property Leases”)
          involving annual payments in excess of $5,000 relating to personal property
          used
          by any Company or Subsidiary or to which any Company or Subsidiary is a
          party or
          by which the properties of any Company or Subsidiary are bound. The Companies
          has delivered or otherwise made available to the Purchaser true, correct
          and
          complete copies of the Personal Property Leases, together with all amendments,
          modifications or supplements thereto.

         

        (b)  Each
          Company and Subsidiary has a valid leasehold interest under each of the
          Personal
          Property Leases under which it is a lessee, subject to applicable bankruptcy,
          insolvency, reorganization, moratorium and similar laws affecting creditors’
rights and remedies generally and subject, as to enforceability, to general
          principles of equity (regardless of whether enforcement is sought in a
          proceeding at law or in equity), and there is no default under any Personal
          Property Lease by such Company or Subsidiary, or, to the Knowledge of the
          Companies, by any other party thereto, and no event has occurred that with
          the
          lapse of time or the giving of notice or both would constitute a default
          thereunder, and such Companies or Subsidiary and to the Knowledge of the
          Companies, each other party thereto is in compliance in all material respects
          with all obligations of such Company or Subsidiary or such other party,
          as the
          case may be, thereunder. 

         

        (c)  Each
          Companies and Subsidiary has good and marketable title to all the Assets
          used in
          the Business as of the date hereof (which include, without limitation,
          all of
          the assets reflected in the Balance Sheet), free and clear of any and all
          Liens
          other than the Permitted Encumbrances. All tangible personal property included
          in such assets, and all of the items of tangible personal property used
          by any
          Company or Subsidiary under the Personal Property Leases, are in working
          order
          and in a state of good maintenance and repair (ordinary wear and tear excepted)
          and are in all material respects suitable for the purposes used. The assets
          of
          the Companies and the Subsidiaries include all assets, rights and interests
          reasonably required for the continued conduct of the Business by the Companies
          and the Subsidiaries as now being conducted and proposed to be
          conducted.

         

        Section
          3.12.  Intellectual
          Property.

         

        (a)  Each
          Company or Subsidiary owns, free and clear from all Liens (other than Permitted
          Encumbrances) or otherwise possesses legally enforceable rights to use
          all of
          the Intellectual Property reasonably necessary to the conduct of business
          of
          such Company or Subsidiary as currently conducted or proposed to be conducted.
          The Intellectual Property owned by each Company or Subsidiary (“Owned
          Intellectual Property”)
          and
          the Intellectual Property licensed to the Companies or their Subsidiaries
          comprise all of the Intellectual Property that is used in or is reasonably
          necessary to conduct the business of the Companies and the Subsidiaries
          as
          currently conducted or proposed to be conducted.

         

        (b)  Section
          3.12(b)(i) of the Disclosure Schedule sets forth a true, complete and correct
          list of all Owned Intellectual Property for which a registration or application
          has been filed with a Governmental Body, including patents, trademarks,
          service
          marks and copyrights, issued by or registered with, or for which any application
          for issuance or registration thereof has been filed with, any Governmental
          Body.
          Section 3.12(b)(ii) of the Disclosure Schedule sets forth a complete and
          correct
          list of all trademarks, service marks and other trade designations that
          are
          Owned Intellectual Property and not otherwise identified in Section 3.12(b)(i)
          of the Disclosure Schedule. Section 3.12(b)(iii) of the Disclosure Schedule
          also
          sets forth a complete and correct list of all written or oral licenses
          and
          arrangements (other than ordinary course licenses of commercially available
          software), (A) pursuant to which the use by any Person of Intellectual
          Property is permitted by any Company or Subsidiary or (B) pursuant to which
          the use by any Company or Subsidiary of Intellectual Property is permitted
          by
          any Person (collectively, the “Intellectual
          Property Licenses”).
          The
          Intellectual Property Licenses are in full force and effect. 

         

        (c)  The
          continued operation of the Business as presently conducted or reasonably
          expected to be conducted does not interfere with, infringe upon, misappropriate,
          or otherwise come into conflict with, any Intellectual Property rights
          of third
          parties. 

         

        (d)  There
          is
          no claim or demand of any Person pertaining to, or any proceeding which
          is
          pending or, to the Knowledge of the Companies, threatened, that challenges
          the
          rights of any Company or Subsidiary in respect of any Owned Intellectual
          Property, or claims that any default exists under any Intellectual Property
          License.

         

        (e)  All
          of
          the copyrights in any of the products of any Company or Subsidiary (including
          but not limited to any works of authorship incorporated in or distributed
          with
          such products) are owned by or licensed to such Company or Subsidiary and,
          if
          licensed, are subject to Intellectual Property Licenses that are in full
          force
          and effect.

         

        (f)  All
          Employees of any Company or Subsidiary and all other Persons involved in
          the
          development of Owned Intellectual Property, including computer programs
          and
          software (including source code, object code and databases), have entered
          into
          confidentiality and assignment of inventions agreements substantially in
          the
          form included in Section 3.12 of the Disclosure Schedule.

         

        (g)  No
          Company or Subsidiary has created any Intellectual Property under contract
          with
          U.S. government customers.

         

        Section
          3.13.  Contracts.
          (a)
          Section 3.13 of the Disclosure Schedule sets forth all of the Contracts
          to which
          any Company or Subsidiary is a party or by which it is bound and categorizes
          such Contracts by the types described below: (i) Contracts relating to
          the
          employment of any Person, or any bonus, deferred compensation, pension,
          profit
          sharing, stock option, employee stock purchase, retirement, retention,
          severance, change of control or other employee benefit plan or arrangement;
          (ii)
          Contracts other than those described in clause (i) with any current or
          former
          officer, director or employee of any Company or Subsidiary, or any Affiliate
          of
          any Company or Subsidiary or any such Person; (iii) Contracts with any
          employee
          or labor union or association representing any employee; (iv) Contracts
          relating to capital expenditures other than Contracts not exceeding $2,500
          individually or $5,000 in the aggregate; (v) Contracts entered into within
          the
          last five years relating to the acquisition or disposition of any equity
          interests in or, except in the ordinary course of business, assets of any
          Person; (vi) joint venture or partnership agreements; (vii) Contracts limiting
          the ability of any Company or Subsidiary to engage in any line of business
          or to
          compete with any Person or to conduct business in any geographical area
          or to
          solicit any Person for employment; (viii) Contracts relating to the
          confidentiality or limitation on use of any information; (ix) Contracts
          relating
          to any indebtedness of any Company or Subsidiary (other than accounts payable
          to
          trade creditors in the ordinary and usual course of business consistent
          with
          past custom and practice), including credit facilities, promissory notes,
          security agreements, and other credit support arrangements; (x) Contracts
          relating to any loan (other than accounts receivable from trade debtors
          in the
          ordinary and usual course of business consistent with past custom and practice)
          or advance to (other than ordinary course travel allowances to the employees
          of
          any Company or Subsidiary), or investments in, any Person; (xi) Contracts
          relating to any guarantee or other contingent Liability in respect of any
          indebtedness or obligation of any Person (other than the endorsement of
          negotiable instruments for collection in the ordinary and usual course
          of
          business consistent with past custom and practice); (xii) all customer
          Contracts; (xiii) any license agreement relating in whole or in part to
          Intellectual Property (other than standard “off-the-shelf” or “shrink-wrap”
license agreements); (xiv) any Contract which involves aggregate payments
          of
          $2,500 or more or which is not cancelable without penalty within 120 days,
          (xv)
          any Contracts not described above outside the ordinary and usual course
          of
          business consistent with past custom and practice; and (xvi) all other
          Contracts. There are no outstanding powers of attorney executed on behalf
          of any
          Company or Subsidiary.

         

        (b) Correct
          and complete copies of the items required to be set forth in Section 3.13
          of the
          Disclosure Schedule have previously been furnished to Parent. All of the
          Companies’ and any of their Subsidiaries’ Contracts (including all Real Property
          Leases) shall, following the Closing, remain enforceable by the applicable
          Companies and Subsidiaries and binding on the other parties thereto, without
          the
          Consent of any third party. No Company or Subsidiary is in default, nor
          has any
          event occurred which, with the giving of notice or the passage of time
          or both,
          would constitute a default, under any Contract or any other obligation
          owed by
          any Company or Subsidiary, and no event has occurred which, with the giving
          of
          notice or the passage of time or both, would constitute a default by any
          other
          party to any such Contract. Each of the Contracts disclosed in Section
          3.13 of
          the Disclosure Schedule is in full force and effect, is valid and enforceable
          in
          accordance with its terms and is not subject to any claims, charges, setoffs
          or
          defenses. 

         

        Section
          3.14.  Employee
          Benefits.
          

         

        (a)  Section
          3.14 of the Disclosure Schedule sets forth a complete and correct list
          of (i)
          all “employee benefit plans,” as defined in Section 3(3) of the Employee
          Retirement Income Security Act of 1974, as amended (“ERISA”),
          and
          any other pension plans or employee benefit agreements, arrangements, programs
          or payroll practices (including without limitation severance pay, other
          termination benefits or compensation, vacation pay, company awards, salary
          continuation for disability, sick leave, retirement, deferred compensation,
          bonus or other incentive compensation, stock purchase arrangements or policies,
          hospitalization, medical insurance, life insurance and scholarship programs)
          that is currently in effect or was maintained, sponsored or contributed
          to by
          any Company or Subsidiary within the last six years, or to which any Company
          or
          Subsidiary contributes or is obligated to contribute thereunder with respect
          to
          employees of any Company or Subsidiary, or that has been approved before
          the
          date hereof but is not yet effective (“Employee
          Benefit Plans”)
          and
          (ii) all “employee pension plans,” as defined in Section 3(2) of ERISA,
          maintained by any Company or Subsidiary or any trade or business (whether
          or not
          incorporated) which are under control, or which are treated as a single
          employer, of any Company or Subsidiary under Section 414(b), (c), (m) or
          (o) of
          the (“ERISA
          Affiliate”)
          or to
          which any Company or Subsidiary or any ERISA Affiliate contributed or is
          obligated to contribute thereunder (“Pension
          Plans”)
          within
          the last six years. Section 3.14 of the Disclosure Schedule identifies,
          in
          separate categories, Employee Benefit Plans or Pension Plans that are
          (i) subject to Section 4063 and 4064 of ERISA (“Multiple
          Employer Plans”),
          (ii)
          multiemployer plans (as defined in Section 4001(a)(3) of ERISA) (“Multiemployer
          Plans”)
          or
          (iii) “benefit plans”, within the meaning of Section 5000(b)(1) of the Code
          providing continuing benefits after the termination of employment (other
          than as
          required by Section 4980B of the Code or Part 6 of Title I of ERISA and
          at the
          former employee’s or his beneficiary’s sole expense).

         

        (b)  Neither
          any Company or Subsidiary nor any ERISA Affiliate maintains, sponsors,
          or
          contributes, or has, within the past six years, maintained, sponsored or
          had any
          obligation to contribute to, for the benefit of current or former employees
          a
          defined benefit plan subject to Title IV of ERISA, (ii) any Multiemployer
          Plan
          or (iii) any Multiple Employer Plan.

         

        (c)  Each
          of
          the Employee Benefit Plans and Pension Plans intended to qualify under
          Section
          401 of the Code (“Qualified
          Plans”)
          so
          qualifies and has received a determination letter from the IRS to such
          effect
          and the trusts maintained thereto are exempt from federal income taxation
          under
          Section 501 of the Code and nothing has occurred or is expected to occur
          with
          respect to the operation of any such plan which caused or would cause the
          loss
          of such qualification or exemption or the imposition of any liability,
          penalty
          or tax under ERISA or the Code.

         

        (d)  All
          contributions and premiums required by Law or by the terms of any Employee
          Benefit Plan or Pension Plan or any agreement relating thereto have been
          timely
          made (without regard to any waivers granted with respect thereto) to any
          funds
          or trusts established thereunder or in connection therewith, and no accumulated
          funding deficiencies exist in any of such plans.

         

        (e)  There
          has
          been no violation of or failure to comply with ERISA or the Code with respect
          to
          the filing of applicable returns, reports, documents and notices regarding
          any
          of the Employee Benefit Plans or Pension Plans with the DOL, the IRS, the
          PBGC
          or any other Governmental Body or the furnishing of such notices or documents
          to
          the participants or beneficiaries of the Employee Benefit Plans or Pension
          Plans.

         

        (f)  True,
          correct and complete copies of the following documents, with respect to
          each of the Employee Benefit Plans and Pension Plans, have been delivered
          to
          Purchaser: (A) any plans and related trust documents (all amendments thereto),
          investment management agreements, administrative service contracts, group
          annuity contracts, insurance contracts, collective bargaining agreements
          and
          employee handbooks, (B) the most recent Forms 5500 for the past three years
          and
          schedules thereto, (C) the most recent financial statements and actuarial
          valuations for the past three years, (D) the most recent IRS determination
          letter, (E) the most recent summary plan descriptions (including letters
          or
          other documents updating such descriptions) and (F) written descriptions
          of all
          non-written agreements relating to the Employee Benefit Plans and Pension
          Plans.

         

        (g)  There
          are
          no pending Legal Proceedings which have been asserted or instituted or,
          to the
          Knowledge of the Companies, threatened against any of the Employee Benefit
          Plans
          or Pension Plans, the assets of any such plans or of any related trust
          or any
          Company or Subsidiary, the plan administrator or any fiduciary of the Employee
          Benefit Plans or Pension Plans with respect to the operation of such plans
          (other than routine, uncontested benefit claims), and there are no facts
          or
          circumstances which could form the basis for any such Legal Proceeding.
          No
          Employee Benefit Plan or Pension Plan is under audit or investigation by
          the
          IRS, DOL, or any other Government Body and no such completed audit, if
          any, has
          resulted in the imposition of Tax, interest, or penalty.

         

        (h)  Each
          of
          the Employee Benefit Plans and Pension Plans complies with and has been
          maintained in accordance with its terms and all provisions of applicable
          Law,
          including ERISA and the Code, and all reporting and disclosure requirements
          have
          been satisfied on a timely basis.

         

        (i)  The
          Companies, each Subsidiary and any ERISA Affiliate which maintains a “group
          health plan” within the meaning of Section 5000(b)(1) of the Code and each plan
          sponsor or administrator has complied with the COBRA reporting, disclosure,
          notice, election, and other benefit continuation and coverage requirements
          of
          Section 4980B of the Code or Part 6 of Title I of ERISA and the applicable
          regulations thereunder and any comparable state laws, and has not incurred
          any
          direct or indirect liability, and is not subject to any loss, assessment
          or
          excise tax, penalty, loss of federal income tax deduction or other sanction
          arising on account of or in respect of any direct or indirect failure at
          any
          time to comply with any such federal or state benefit continuation coverage
          requirements.

         

        (j)  Neither
          any Company or Subsidiary nor a “party in interest” or “disqualified person”
with respect to the Employee Benefit Plans or Pension Plans has engaged
          in a
“prohibited transaction” within the meaning of Section 4975 of the Code or
          Section 406 of ERISA which has subjected or could subject any Company or
          Subsidiary, any ERISA Affiliates, Purchaser, Parent or any trustee,
          administrator or other fiduciary to a tax penalty on prohibited transaction
          or
          any other liabilities with respect thereto.

         

        (k)  Neither
          the execution and delivery of this Agreement nor the consummation of the
          transactions contemplated hereby will (i) result in any payment becoming
          due to
          any employee; (ii) increase any benefits otherwise payable under any Employee
          Benefit Plan or Pension Plan; or (iii) result in the acceleration of the
          time of
          payment or vesting of any such benefits.

         

        (l)  No
          security issued by any Company or Subsidiary forms or has formed any part
          of the
          assets of any Employee Benefit Plan or Pension Plan.

         

        (m)  The
          consummation of the transactions contemplated by this Agreement will not
          give
          rise to any liability for termination of any agreements related to any
          Employee
          Benefit Plan or Pension Plan.

         

        (n)  No
          amounts payable under any Employee Benefit Plan and Pension Plan or any
          other
          agreement will fail to be deductible for federal income tax purposes by
          virtue
          of Section 280G of the Code.

         

        (o)  Each
          Employee Benefit Plan or Pension Plan that purports to provide benefits
          which
          qualify for tax-favored treatment under Sections 79, 105, 106, 117, 120,
          125,
          127, 129, and 132 of the Code satisfies the requirements of said
          Section(s).

         

        (p)  Each
          Employee Benefit Plan or any other agreement that purports to defer income
          complies with Section 409A of the Code.

         

        (q)  Each
          Employee Benefit Plan, or Pension Plan, its related trust and insurance
          agreement may be unilaterally amended or terminated on no more than 90
          days
          notice.

         

        Section
          3.15.  Labor.

         

        (a)  No
          Company or Subsidiary is a party to any labor or collective bargaining
          agreement
          and there are no labor or collective bargaining agreements which pertain
          to
          employees of any Company or Subsidiary.

         

        (b)  No
          employees of any Company or Subsidiary are represented by any labor
          organization. No labor organization or group of employees of any Company
          or
          Subsidiary has made a pending demand for recognition, and there are no
          representation proceedings or petitions seeking a representation proceeding
          presently pending or, to the Knowledge of the Companies, threatened to
          be
          brought or filed, with the National Labor Relations Board or other labor
          relations tribunal. There is no organizing activity involving any Company
          or
          Subsidiary pending or, to the Knowledge of the Companies, threatened by
          any
          labor organization or group of employees of any Company or
          Subsidiary.

         

        (c)  There
          are
          no (i) strikes, work stoppages, slowdowns, lockouts or arbitrations or
          (ii)
          grievances or other labor disputes pending or, to the Knowledge of the
          Companies, threatened against or involving any Company or Subsidiary. There
          are
          no unfair labor practice charges, grievances or complaints pending or,
          to the
          Knowledge of the Companies, threatened by or on behalf of any employee
          or group
          of employees of any Company or Subsidiary.

         

        (d)  There
          are
          no complaints, charges or claims against any Company or Subsidiary pending
          or,
          to the Knowledge of the Companies, threatened which could be brought or
          filed,
          with any public or Governmental Body based on, arising out of, in connection
          with, or otherwise relating to the employment or termination of employment
          by
          any Company or Subsidiary, of any individual.

         

        (e)  Each
          Company and Subsidiary is in compliance with all Laws and Orders relating
          to the
          employment of labor, including all such Laws and orders relating to wages,
          hours, the Worker Adjustment and Retraining Notification Act and any similar
          state, local or foreign “plant closing” Law (“WARN”),
          collective bargaining, discrimination, civil rights, safety and health,
          worker’s
          compensation, payment of overtime wages and the collection and payment
          of
          withholding and/or social security taxes and any similar tax.

         

        (f)  To
          the
          Knowledge of the Companies, no executive, key employee, or group of employees
          currently has any plans to terminate employment with any Company or Subsidiary
          independently of or as a result of this Agreement.

         

        Section
          3.16.  Litigation.
          Except
          as set forth in Section 3.16 of the Disclosure Schedule, there is no suit,
          action, proceeding, investigation, complaint or claim pending or, to the
          Knowledge of the Companies, threatened against any Company or Subsidiary
          (or to
          the Knowledge of the Companies, pending or threatened against any of the
          officers, directors or key employees of any Company or Subsidiary in relation
          to
          any Company or Subsidiary or its business) before any court or other
          Governmental Body or any arbitral tribunal, nor to the Knowledge of the
          Companies, is there any reasonable basis for any such suit, action, proceeding,
          investigation, complaint or claim. No Company or Subsidiary has received
          any
          written opinion or memorandum or legal advice from legal counsel retained
          by any
          Company or Subsidiary to the effect that it is exposed, from a legal standpoint,
          to any Liability. No Company or Subsidiary is engaged in any legal action
          to
          recover monies due it or for damages sustained by it. Section 3.16 of the
          Disclosure Schedule sets forth a list of all closed litigation matters
          to which
          any Company or Subsidiary was a party during the five (5) years preceding
          the
          date hereof, the date such litigation was commenced or concluded, and the
          nature
          of the resolution thereof (including amounts paid in settlement or judgment).
          No
          Company or Subsidiary is subject to any Order of any Governmental
          Body.

         

        Section
          3.17.  Compliance
          with Laws; Permits.
          Each
          Company and Subsidiary is, and has at all times been, in compliance with
          all
          Laws applicable to it or the operation, use, occupancy or ownership of
          its
          assets or properties or the conduct of its business, and no Company or
          Subsidiary has received notice (written or oral) from any Governmental
          Body of,
          and has no Knowledge of, any failure to so comply. Each Company and Subsidiary
          holds all Permits necessary under Law for the conduct of such Company's
          or
          Subsidiary's business as currently conducted or proposed to be conducted,
          and
          the operations of the Companies and the Subsidiaries are not being conducted
          in
          violation of any Permit held by any of them. There is no investigation
          by a
          Governmental Body pending against or, to the Knowledge of the Companies,
          threatened against any Company or Subsidiary.

         

        Section
          3.18.  Environmental
          Matters.
          

         

        (a)
          The
          operations of the Companies and the Subsidiaries are in compliance with
          all
          applicable Environmental Laws and all Permits issued pursuant to Environmental
          Laws or otherwise (“Environmental
          Permits”);

         

        (b)
          The
          Companies and the Subsidiaries have obtained and currently maintain all
          Environmental Permits required under all applicable Environmental Laws
          necessary
          to operate the Business;

         

        (c)
          No
          Company or Subsidiary is the subject of any outstanding written Order or
          Contract with any Governmental Entity or other Person respecting
          (i) Environmental Laws, (ii) Remedial Action or (iii) any Release
          or threatened Release of a Hazardous Material;

         

        (d)
          Neither any Company nor any Subsidiary has received any written communication
          alleging either that it may be in violation of any Environmental Law or
          Environmental Permit or that it may have any liability under any Environmental
          Law;

         

        (e)
          Neither any Company nor any Subsidiary has incurred, assumed or undertaken
          any
          current contingent liability in connection with any Release of any Hazardous
          Materials into the indoor or outdoor environment (whether on-site or off-site)
          and there are no facts, circumstances or conditions relating to, arising
          out of
          or attributable to it that could give rise to liability under Environmental
          Laws;

         

        (f)
          There
          is not located at any of the properties of any Company or Subsidiary any
          (i)
          underground storage tanks, (ii) asbestos-containing material or (iii) equipment
          containing polychlorinated biphenyls; and

         

        (g)
          The
          Companies have provided to Parent all environmentally related audits, studies,
          reports, analyses, and results of investigations that have been performed
          with
          respect to the currently or previously owned, leased or operated properties
          of
          the Companies and the Subsidiaries.

         

        Section
          3.19.  Insurance.
          Section
          3.19 of the Disclosure Schedule includes a correct and complete list and
          description, including policy number, coverage and deductible, of all insurance
          policies owned by any Company or Subsidiary, correct and complete copies
          of
          which policies have previously been delivered to Purchaser. Such policies
          are in
          full force and effect, all premiums due thereon have been paid and no Company
          or
          Subsidiary is in default thereunder. No Company or Subsidiary has received
          any
          notice of cancellation or intent to cancel or increase or intent to increase
          premiums with respect to such insurance policies nor is there any basis
          for any
          such action. All such insurance policies contain coverage that is reasonably
          adequate and prudent in light of the risks inherent in the Business. Section
          3.19 of the Disclosure Schedule also contains a list of all pending claims
          and
          any claims in the past two (2) years with any insurance company by any
          Company
          or Subsidiary and any instances within the previous two (2) years of a
          denial of
          coverage of any Company or Subsidiary by any insurance company.

         

        Section
          3.20.  Receivables;
          Payables.

         

        (a)
          The
          accounts receivable of the Companies and the Subsidiaries reflected in
          the
          Financial Statements and/or Final Closing Working Capital Statement have
          arisen
          in bona fide arm’s-length transactions in the ordinary and usual course of
          business consistent with past custom and practice, and, subject to the
          allowance
          for doubtful accounts set forth in the Financial Statements or, if applicable,
          Final Closing Working Capital Statement, all such receivables are valid
          and
          binding obligations of the account debtors without any counterclaims, setoffs
          or
          other defenses thereto and are collectible in the ordinary and usual course
          of
          business consistent with past custom and practice. All such reserves, allowances
          and discounts were and are adequate and consistent in extent with the reserves,
          allowances and discounts previously maintained by the Companies and the
          Subsidiaries in the ordinary and usual course of business consistent with
          past
          custom and practice and determined in accordance with GAAP. All work-in-process
          or accrued billing reflected in the Financial Statements and/or Final Closing
          Working Capital Statement has been performed pursuant to a written customer
          order or contract therefor and shall become accounts receivable in due
          course,
          which shall be collectible for the full amount in the ordinary and usual
          course
          of business consistent with past custom and practice within sixty (60)
          days
          after billing at the full recorded amount thereof.

         

        (b)
          All
          accounts payable of the Companies and the Subsidiaries reflected on the
          Financial Statements and/or Final Closing Working Capital Statement are
          the
          result of bona fide transactions in the ordinary course of business and
          have
          been paid or are not yet due and payable, except for accounts payable that
          are
          being disputed in good faith in an appropriate manner.

         

        Section
          3.21.  Related
          Party Transactions.
          Except
          as described in Section 3.21 of the Disclosure Schedule, no Company or
          Subsidiary has loaned or borrowed any amounts from and or has outstanding
          any
          indebtedness or other similar obligations to or owing from any Affiliate
          of any
          Company or Subsidiary. Neither any Company or Subsidiary nor any Affiliate
          of
          any Company or Subsidiary nor any officer or employee of any of them (i)
          owns
          any direct or indirect interest of any kind in, or controls or is a director,
          officer, employee or partner of, or consultant to, or lender to or borrower
          from
          or has the right to participate in the profits of, any Person which is
          (A) a
          competitor, supplier, customer, landlord, tenant, creditor or debtor of
          any
          Company or Subsidiary, (B) engaged in a business related to the business
          of any
          Company or Subsidiary, or (C) a participant in any transaction to which
          any
          Company or Subsidiary is a party or (ii) is a party to any Contract with
          any
          Company or Subsidiary. No Company or Subsidiary has any Contract or
          understanding with any officer, director, employee or shareholder of any
          Company
          or Subsidiary, or any Affiliate of any such Person that relates, directly
          or
          indirectly, to the subject matter of any Transaction Document or the
          consideration payable thereunder or that contains any terms, provisions
          or
          conditions relating to the Companies’ entry into or performance of any
          Transaction Document (including any terms, provisions or conditions the
          consequences of which are dependent upon any of the matters addressed by
          Section
          1.5). 

         

        Section
          3.22.  Customers;
          Projects.
          Section
          3.22 of the Disclosure Schedule is a complete and correct list of all clients
          and customers of the Companies and the Subsidiaries as of January 31, 2007.
          Except as set forth on Section 3.22 of the Disclosure Schedule, no client
          or
          customer has cancelled or otherwise terminated reduced, or threatened to
          cancel
          or terminate or reduce, its relationship with any Company or Subsidiary.
          Section
          3.22 of the Disclosure Schedule includes a complete and accurate list of
          all
          projects or engagements (collectively, “Projects”)
          for
          which any Company or Subsidiary is currently engaged or proposed to be
          engaged.
          All current Projects (i) are bona fide business relationships or projects
          that a
          Company or Subsidiary is currently working on, and (ii) are proceeding
          according
          to plan and budget and are expected to be completed in a timely manner,
          for the
          full benefit thereof and without loss to any Company or Subsidiary or
          Parent.

         

        Section
          3.23.  No
          Misrepresentation.
          No
          representation or warranty of any Company and/or any Member contained in
          this
          Agreement or any other Transaction Document or in any Schedule hereto or
          thereto
          or in any certificate or other instrument furnished to Purchaser pursuant
          to the
          terms hereof or thereof contains any untrue statement of a material fact
          or
          omits to state a material fact necessary to make the statements contained
          herein
          or therein not misleading.

         

        Section
          3.24.  Financial
          Advisors.
          Except
          for obligations to AdMedia under the AdMedia Engagement Letter, no Company
          or
          Subsidiary has any Liability or obligation to pay any fees or commissions
          to any
          broker, finder or agent with respect to the transactions contemplated by
          this
          Agreement. The Members shall be solely responsible for any obligations
          described
          in this Section 3.24 and will jointly and severally indemnify and hold
          the
          Purchaser Indemnitees harmless from and against any Losses resulting from
          or
          arising out of or any such obligations or matters.

         

        Section
          3.25 Private
          Placement.
          Each
          Member is an “accredited investor” within the meaning of Rule 501 under the
          Securities Act. Each Member has sufficient knowledge and experience in
          investing
          in companies similar to Parent in terms of Parent's market capitalization
          and
          other relevant factors so as to be able to evaluate the risks and merits
          of its
          investment in Parent and it is able financially to bear the risks thereof.
          Each
          Member has had an opportunity to discuss the terms of the offering and
          sale of
          the Parent Shares and Parent's business, management and financial affairs
          with
          Parent's management and to obtain any additional information regarding
          the
          foregoing which Parent possesses or can acquire without unreasonable effort
          or
          expense. The Parent Shares are being acquired for the Members' own accounts
          and
          not with a view to, or the intention of, any distribution in violation
          of the
          Securities Act or any applicable state securities laws. Each Member understands
          that (i) the Parent Shares have not been registered under the Securities
          Act by
          reason of the issuance of the Parent Shares in a transaction exempt from
          the
          registration requirements of the Securities Act pursuant to Section 4(2)
          thereof
          or Rule 505 or 506 promulgated under the Securities Act, (ii) the Parent
          Shares
          must be held indefinitely unless a subsequent disposition thereof is registered
          under the Securities Act or is exempt from such registration, (iii) the
          Parent
          Shares will bear a legend to such effect and (iv) Parent will issue stop
          transfer instructions to its transfer agent to such effect.

         

        ARTICLE
          IV  

         

        

         

        REPRESENTATIONS
          AND WARRANTIES OF PURCHASER

         

        Purchaser
          represents and warrants to the Members that the following statements are
          correct
          and complete as of the date hereof. 

        

        Section
          4.1.  Organization.
          (a)
          Purchaser is a limited liability company duly organized, validly existing
          and in
          good standing under the laws of the State of Delaware. Purchaser is duly
          qualified or authorized to do business as a foreign company and is in good
          standing under the laws of each jurisdiction in which it owns or leases
          real
          property and each other jurisdiction in which the conduct of its business
          or the
          ownership of its properties requires such qualification or authorization,
          except
          where the failure to be so qualified or authorized would not have a material
          adverse effect on the business or assets of Purchaser.

         

        (b) Purchaser
          is a wholly-owned Subsidiary of Parent. Purchaser has conducted no material
          operations.

         

        Section
          4.2.  Authorization
          of Transaction.
          The
          execution, delivery and performance of the Transaction Documents to which
          Purchaser is a party have been duly authorized by all necessary action
          by or on
          behalf of Purchaser. Purchaser has full power and authority to execute
          and
          deliver this Agreement and each other Transaction Document to which it
          is a
          party, and to perform its obligations hereunder and thereunder. This Agreement
          and each Transaction Document to which Purchaser is or will be a party
          has been
          or will be duly and validly executed and delivered and constitutes the
          valid and
          legally binding obligation of Purchaser, enforceable against Purchaser
          in
          accordance with its terms, subject to applicable bankruptcy, insolvency,
          reorganization, moratorium and similar laws affecting creditors’ rights and
          remedies generally and subject, as to enforceability, to general principles
          of
          equity (regardless of whether enforcement is sought in a proceeding at
          law or in
          equity). Purchaser is not required to give any notice to, make any filing with,
          or obtain any authorization, consent, or approval of any Governmental Body
          in
          order to consummate the transactions contemplated by this Agreement and
          each
          such Transaction Document.

         

        Section
          4.3.  Noncontravention.
          Neither
          the execution and the delivery by Purchaser of this Agreement and the other
          Transaction Documents to which it is a party, nor the consummation of the
          transactions contemplated hereby and thereby on the part of Purchaser,
          will
          (i) violate any Law or any Order by which Purchaser is bound or any
          provision of its organizational documents or (ii) result in a breach of,
          constitute a default under, result in the acceleration of, create in any
          party
          the right to accelerate, terminate, modify, or cancel, or require any notice
          under any Contract to which Purchaser is a party or by which Purchaser
          is bound
          or to which any of its assets is subject. No Order, Permit or waiver, or
          declaration or filing with any Governmental Body is required on the part
          of
          Purchaser in connection with the execution, delivery and performance of
          this
          Agreement or the other Transaction Documents to which it is a party, or
          the
          compliance by Purchaser with any of the provisions hereof or
          thereof.

         

        Section
          4.4.  Brokers’
          Fees.
          Purchaser has no Liability or obligation to pay any fees or commissions
          to any
          broker, finder or agent with respect to the transactions contemplated by
          this
          Agreement. Purchaser shall be solely responsible for any obligations described
          in this Section 4.4 and will jointly and severally indemnify and hold the
          Shareholders harmless from and against any Losses resulting from or arising
          out
          of or any such obligations or matters.

         

        ARTICLE
          V  

         

        

         

        REPRESENTATIONS
          AND WARRANTIES OF PARENT

         

        Parent
          represents and warrants to the Members that the following statements are
          correct
          and complete as of the date hereof and as of the Closing Date. 

        

        Section
          5.1.  Organization.
          Parent
          is a corporation duly organized, validly existing and in good standing
          under the
          laws of the State of Delaware. Parent is duly qualified or authorized to
          do
          business as a foreign corporation and is in good standing under the laws
          of each
          jurisdiction in which it owns or leases real property and each other
          jurisdiction in which the conduct of its business or the ownership of its
          properties requires such qualification or authorization, except where the
          failure to be so qualified or authorized would not have a material adverse
          effect on the business or assets of Parent.

         

        Section
          5.2.  Authorization
          of Transaction.
          The
          execution, delivery and performance of the Transaction Documents to which
          Parent
          is a party have been duly authorized by all necessary action by Parent.
          Parent
          has full power and authority to execute and deliver this Agreement and
          each
          other Transaction Document to which it is a party, and to perform its
          obligations hereunder and thereunder. This Agreement and each Transaction
          Document to which Parent is a party has been or will be duly and validly
          executed and delivered and constitutes the valid and legally binding obligation
          of Parent, enforceable against Parent in accordance with its terms, subject
          to
          applicable bankruptcy, insolvency, reorganization, moratorium and similar
          laws
          affecting creditors’ rights and remedies generally and subject, as to
          enforceability, to general principles of equity (regardless of whether
          enforcement is sought in a proceeding at law or in equity). Parent is not
          required to give any notice to, make any filing with, or obtain any
          authorization, consent, or approval of any Governmental Body in order to
          consummate the transactions contemplated by this Agreement and each other
          Transaction Document.

         

        Section
          5.3.  Noncontravention.
          Neither
          the execution and the delivery by Parent of this Agreement and each other
          Transaction Document to which it is or will be a party, nor the consummation
          of
          the transactions contemplated hereby and thereby on the part of Parent,
          will
          (i) violate any Law or any Order by which Parent is bound or any provision
          of its organizational documents or (ii) result in a breach of, constitute
          a
          default under, result in the acceleration of, create in any party the right
          to
          accelerate, terminate, modify, or cancel, or require any notice under any
          Contract to which Parent is a party or by which Parent is bound or to which
          any
          of its assets is subject. No Order, Permit or waiver, or declaration or
          filing
          with any Governmental Body is required on the part of Parent in connection
          with
          the execution, delivery and performance of this Agreement or the other
          Transaction Documents to which it is a party, or the compliance by Parent
          with
          any of the provisions hereof or thereof.

         

        Section
          5.4.  Status
          of the Shares.
          The
          Parent Shares have been duly authorized and, when issued in accordance
          with the
          terms of this Agreement, will be validly issued, fully paid and non-assessable
          shares of Parent Common Stock and
          will
          be free and clear of all Liens created by or through Parent. The issuance
          and
          delivery of the Parent Shares is not subject to any preemptive right of
          shareholders of Parent that has not been waived or to any right of first
          refusal
          or other right in favor of any person that has not been waived. 

         

        Section
          5.5.  SEC
          Documents.
          Since
          December 31, 2005, Parent has filed all required reports, schedules, forms,
          statements and other documents with the SEC (such documents being referred
          to
          herein collectively as the “Parent
          SEC Documents”).
          As of
          their respective dates, the Parent SEC Documents complied in all material
          respects with the requirements of the Securities Act, or the Securities
          Exchange
          Act of 1934, as amended (the “Exchange
          Act”),
          as
          the case may be, and the rules and regulations of the SEC promulgated thereunder
          applicable to the Parent SEC Documents, and none of the Parent SEC Documents
          contained any untrue statement of a material fact or omitted to state a
          material
          fact required to be stated therein or necessary in order to make the statements
          therein, in light of the circumstances under which they were made, not
          misleading. The financial statements of Parent included in the Parent SEC
          Documents, as of their respective dates, complied in all material respects
          with
          applicable accounting requirements and the published rules and regulations
          of
          the SEC with respect thereto, were prepared in accordance with GAAP (except,
          in
          the case of unaudited statements, as permitted by Form 10 Q of the SEC)
          applied
          on a consistent basis during the periods involved (except as may be indicated
          in
          the notes thereto) and fairly present the financial position of Parent
          and its
          consolidated subsidiaries as of the dates thereof and the results of its
          operations and cash flows for the periods then ended (subject, in the case
          of
          unaudited statements, to normal year end audit adjustments and other adjustments
          described therein). 

         

        

        Section
          5.6.  Brokers’
          Fees.
          Parent
          has no Liability or obligation to pay any fees or commissions to any broker,
          finder or agent with respect to the transactions contemplated by this Agreement.
          Parent shall be solely responsible for any obligations described in this
          Section
          5.6 and will jointly and severally indemnify and hold the Members harmless
          from
          and against any Losses resulting from or arising out of or any such obligations
          or matters.

         

        ARTICLE
          VI  

         

        

         

        CONDITIONS
          TO CLOSING

         

        Section
          6.1.  Conditions
          Precedent to Obligations of Purchaser at the Closing.
          The
          obligation of Parent and Purchaser to consummate the transactions contemplated
          by this Agreement is subject to the fulfillment, on or prior to the Closing
          Date, of each of the following conditions (any or all of which may be waived
          by
          Parent and Purchaser in whole or in part to the extent permitted by applicable
          Law):

         

        (a)  all
          representations and warranties of any Company and/or any Member contained
          herein
          shall be true and correct on and as of the Closing Date, except to the
          extent
          expressly made as of an earlier date;

         

        (b)  each
          Company and Member shall have performed and complied in all material respects
          with all obligations and covenants required by this Agreement to be performed
          or
          complied with by such Companies or Member on or prior to the Closing
          Date;

         

        (c)  there
          shall not have been or occurred any Company Material Adverse Change since
          December 31, 2006;

         

        (d)  no
          Legal
          Proceedings shall have been instituted or threatened or claim or demand
          made
          against any Company, any Member, Parent or Purchaser seeking to restrain
          or
          prohibit or to obtain substantial damages with respect to the consummation
          of
          the transactions contemplated hereby;

         

        (e)  there
          shall not be in effect any Order by a Governmental Body of competent
          jurisdiction restraining, enjoining or otherwise prohibiting the consummation
          of
          the transactions contemplated hereby;

         

        (f)  any
          waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of
          1976,
          as amended (the “HSR
          Act”),
          applicable to the transactions contemplated by this Agreement shall have
          expired
          or been terminated;

         

        (g)  the
          Employment Agreements shall be in full force and effect and none of the
          employees party thereto shall have become employed by any Person other
          than the
          Companies or indicated that he does not intend to continue employment with
          the
          Companies following the Closing; 

         

        (h)  Each
          Member shall have delivered to Purchaser the following: 

         

        (i) assignments
          representing all issued and outstanding Membership Interests, owned by
          such
          Member, executed
          to transfer all Membership Interests to Purchaser; 

         

        (ii) a
          copy of
          IRS Form W-9 duly and properly executed by such Member; 

         

        (iii) an
          affidavit described in Section 1445(b)(2) of the Code from such Member
          in form
          and substance reasonably satisfactory to Purchaser; 

        

        (iv) stock
          transfer forms, board resolutions and forms 288 (a), each as reasonably
          requested by Purchaser or its counsel to effectuate the transfer of the
          equity
          interests of BioSector 2, Limited to Purchaser;

        

        (v) share
          transfer deeds, minutes of Partners' decisions by unanimous written consent,
          amended articles of association, power of attorney for legal formalities
          and
          delegation of powers, each as reasonably request by Purchaser to effectuate
          the
          transfer of the equity interests of Chandler Chicco Agency SARL; and

        

        (vi) such
          other documents, instruments or certificates as shall be reasonably requested
          by
          Purchaser or its counsel.

        

        (i) The
          Representative shall have delivered to Purchaser the following:

         

        (i) a
          certificate executed by the Representative dated the Closing Date to the
          effect
          that each of the conditions specified in Section 6.1(a) through (c) is
          satisfied
          in all respects; 

         

        (ii) a
          legal
          opinion of counsel for the Companies in form satisfactory to Purchaser
          covering
          the matters set forth on Exhibit
          B
          hereto,
          subject to the good faith negotiation of the parties;

         

        (iii) (A)
          articles of organization (or similar organizational document), as amended
          through the Closing Date, of each Company and each Subsidiary, certified
          as of a
          recent date by an appropriate official of the jurisdiction of incorporation
          or
          formation, (B) good standing certificates for each Company and each Subsidiary
          certified as of a recent date by the Secretary of State of each State in
          which
          it is authorized to conduct business, or, in the case of Subsidiaries formed
          outside the United States, certified by a similar government official or
          body,
          and (C) copies of the by-laws (or similar organizational document) of each
          Company and each Subsidiary, as in effect on the Closing Date, certified
          by the
          Secretary of such Company or Subsidiary;

         

        (iv) a
          non
          competition agreement in the form attached hereto as Exhibit D from each
          Participant (as defined in the Phantom Equity Plan) with the duration specified
          for such Participant previously disclosed to Purchaser;

         

        (v) confirmation
          from AdMedia that, except for the payment to be made pursuant to the last
          sentence of Section 1.2(a), no Company or Subsidiary will have any post-Closing
          liability to AdMedia under the AdMedia Engagement Letter;

         

        (vi)    
           letters
          in form and substance reasonably satisfactory to Purchaser from all holders
          of
          Indebtedness (including, without limitation, Indebtedness arising under
          that
          certain line of credit and those certain term loans from Valley National
          Bank
          and all related UCC filings) of any Company or Subsidiary that would be
          reflected on the balance sheet of any Company or Subsidiary as of the Closing
          Date or that is secured by any of the  assets of any Company or Subsidiary,
          except for Indebtedness constituting equipment or leasehold financing that
          may
          permissibly remain outstanding in accordance with the terms of Parent's
          credit
          facilities, confirming the full payment and satisfaction of such Indebtedness
          (by way of application of a portion of the Purchase Price for such purpose
          or
          otherwise); and evidence that all Liens have been released and appropriate
          UCC
          and USPTO termination statements filed with respect thereto;

         

        (vii) confirmation
          that any and all indebtedness owing from directors, officers, employees
          or
          members of each of the Companies and the Subsidiaries has been cancelled or
          has been fully repaid as of the time of the Closing (by way of application
          of a
          portion of the Purchase Price for such purpose or otherwise); 

         

        (viii) evidence
          that 

         

        (A)
          all
          equity interests of any Company in Puissance Enterprises, LLC (“Puissance”)
          have
          been transferred to third parties;

         

        (B)
           all
          guaranties or obligations of any Company related to Puissance have been
          cancelled without any adverse accounting or other impact on any Company;
          

         

        (C)
           all
          obligations of Puissance to any Company have been cancelled without any
          adverse
          accounting or other impact on any Company (other than the reduction in
          total
          assets arising from such cancellation); and

         

        (D) the
          employment or consulting relationship of each employee of or consultant
          to any
          Company who are relatives of either Member (“Related
          Personnel”)
          have
          been terminated without any adverse accounting or other impact on the
          Company.

         

        (ix)
          an
          assignment of all interest in the tradename “BrandTectonics” from
          BrandTectonics, L.L.C. to CCA NY and of all interest in the tradename
“Determinus” from Determinus, L.L.C. to CCA NY; and

         

        (x) such
          other documents, instruments or certificates as shall be reasonably requested
          by
          Purchaser or its counsel.

         

        (j) all
          the
          directors and officers of the Companies and the Subsidiaries other than
          those
          listed on Schedule III shall have resigned effective as of the Closing
          and
          individuals designated by Purchaser shall have been elected or appointed
          as
          directors and officers of the Companies and the Subsidiaries, effective
          as of
          the Closing.

         

        Section
          6.2.  Conditions
          Precedent to Obligations of the Members at the Closing.
          The
          obligations of the Members to consummate the transactions contemplated
          by this
          Agreement are subject to the fulfillment, prior to or on the Closing Date,
          of
          each of the following conditions (any or all of which may be waived by
          the
          Representative in whole or in part to the extent permitted by applicable
          Law):

         

        (a)  all
          representations and warranties of Purchaser and Parent contained herein
          shall be
          true and correct on and as of the Closing Date;

         

        (b)  Purchaser
          and Parent shall have performed and complied in all material respects with
          all
          obligations and covenants required by this Agreement to be performed or
          complied
          with by Purchaser or Parent, as applicable, on or prior to the Closing
          Date;

         

        (c)  the
          Purchaser shall have delivered to the Representative a certificate executed
          by
          an officer of Purchaser dated the Closing Date, to the effect that each
          of the
          conditions specified in Section 6.2(a) and (b) is satisfied in all
          respects.

         

        (d)  no
          Legal
          Proceedings shall have been instituted or threatened or claim or demand
          made
          against the Companies, any Member, Parent or Purchaser seeking to restrain
          or
          prohibit or to obtain substantial damages with respect to the consummation
          of
          the transactions contemplated hereby;

         

        (e)  the
          Parent Guaranty shall be in full force and effect;

         

        (f)  there
          shall not be in effect any Order by a Governmental Body of competent
          jurisdiction restraining, enjoining or otherwise prohibiting the consummation
          of
          the transactions contemplated hereby;

         

        (g)  any
          waiting period under the HSR Act applicable to the transactions contemplated
          by
          this Agreement shall have expired or been terminated; 

         

        (h)  Purchaser
          shall have delivered to the Representative an opinion of counsel for Purchaser
          and Parent in the form of Exhibit
          C,
          subject
          to the good faith negotiation of the parties; and

         

        (i)  there
          shall not have been or occurred any material adverse change in the assets,
          financial condition or results of operation of Parent or Purchaser since
          December 31, 2006. 

         

        ARTICLE
          VII  

         

        COVENANTS

         

        Section
          7.1.  General.
          If any
          further action is necessary or desirable to carry out the purposes of this
          Agreement, each of the parties will take such further action (including
          the
          execution and delivery of such further instruments and documents) as any
          other
          party reasonably may request.

         

        Section
          7.2.  No
          Solicitation.
          During
          the Closing Period, each Company, each Subsidiary and the Members shall,
          and
          shall cause their respective employees, directors, agents and Affiliates
          to,
          immediately suspend any existing negotiations or discussions relating to
          any
          sale, joint venture or other transfer of actual or beneficial ownership
          of any
          securities, operations or any assets of any Company or Subsidiary (other
          than
          goods and services of sold in the ordinary course of business) (collectively,
          an
“Acquisition
          Transaction”),
          and
          neither any Company nor any Member shall, and each Company and each Member
          shall
          cause its employees, directors, agents and Affiliates not to, (i) solicit
          any proposals or offers relating to an Acquisition Transaction or
          (ii) negotiate or engage in discussions with any third party concerning any
          proposal or offer for an Acquisition Transaction.

         

        Section
          7.3.  Conduct
          of the Business.
          Except
          as otherwise expressly permitted by this Agreement or as otherwise consented
          to
          by Parent and Purchasers in writing, the Companies and the Members shall
          refrain
          from (and cause their Affiliates to refrain from) taking or omitting any
          action
          which, if taken or omitted prior to the date hereof, would cause the
          representations in Section 3.8 to be untrue.

         

        Section
          7.4.  Information.
          Each
          Company, each Subsidiary and each Member shall (and shall cause its accountants,
          counsel, consultants, employees and agents to) give Parent and Purchaser
          and
          their respective accountants, counsel, consultants, employees and agents,
          reasonable access during normal business hours to, and furnish them with
          all
          documents, records, work papers and information with respect to, all properties,
          assets, books, contracts, commitments, reports and records of, the Companies
          and
          the Subsidiaries, as Parent and Purchaser shall from time to time reasonably
          request. In addition, each Company, each Subsidiary and each Member shall
          permit
          Parent and Purchaser, and their accountants, counsel, consultants, employees
          and
          agents, reasonable access to such personnel of the Companies and the
          Subsidiaries during normal business hours as may be reasonably necessary
          in
          connection with their review of the properties, assets and business affairs
          of
          the Companies and the Subsidiaries and the above-mentioned documents, records
          and information. Parent and Purchaser shall have the right, upon giving
          reasonable advance notice, to enter upon and inspect the properties of
          the
          Companies and the Subsidiaries.

         

        Section
          7.5.  Maintenance
          of Properties; Damage and Destruction.
          (a)
          During the Closing Period, each Company and each Subsidiary shall
          (i) maintain their assets in the condition and state of repair normally
          maintained by it in the conduct of its business, keep in service its officers
          and employees and preserve the goodwill of the Business; (ii) maintain its
          books, accounts and records in the ordinary course of business;
          (iii) comply in all material respects with all Contractual obligations; and
          (iv) comply in all material respects with all applicable Laws.

         

        (b)
          If a
          material portion of the assets and properties of the Companies and the
          Subsidiaries shall be substantially damaged or destroyed by fire or other
          cause
          on or prior to the Closing Date, the Representative shall promptly notify
          Purchaser and furnish to Purchaser a statement of the amount of insurance,
          if
          any, payable on account thereof. In the event of damage or destruction
          of a
          portion of the assets and properties of the Companies and the Subsidiaries
          having a Company Material Adverse Effect or that may reasonably be expected
          to
          have a Company Material Adverse Effect, Purchaser may elect to terminate
          this
          Agreement.

         

        Section
          7.6.  HSR
          Filing.
          The
          Companies and Parent have each filed a premerger notification and report
          form
          under the HSR Act with respect to the transactions contemplated by this
          Agreement. Each party shall bear its own counsel fees and all other expenses
          relating to their respective premerger notification and report forms under
          the
          HSR Act, but Parent shall pay all related filing fees. Each of the parties
          agrees to use commercially reasonable efforts to promptly respond to any
          request
          for additional information pursuant to Section (e)(1) of the HSR Act. Nothing
          contained in this Agreement shall be construed so as to require Parent,
          the
          Companies or any of their respective subsidiaries or Affiliates, to sell,
          license, dispose of, or hold separate, or to operate in any specified manner,
          any of their respective assets or businesses (or to agree to any of the
          foregoing). The obligations of each party under Section 7.6 to use commercially
          reasonable efforts with respect to antitrust matters shall be limited to
          compliance with the reporting provisions of the HSR Act and with its obligations
          under this Section 7.6.

         

        Section
          7.7.  Litigation
          Support.
          Following the Closing, in the event and for so long as any party actively
          is
          contesting or defending against any action, suit, proceeding, hearing,
          investigation, charge, complaint, claim, or demand in connection with (i)
          any
          transaction contemplated under this Agreement or (ii) any fact, situation,
          circumstances, status, condition, activity, practice, plan, occurrence,
          event,
          incident, action, failure to act, or transaction on or prior to the Closing
          Date
          involving any Company or Subsidiary, each of the other parties will cooperate
          reasonably with such party and such party’s counsel in the contest or defense,
          make available their personnel, and provide such testimony and access to
          their
          books and records as shall be necessary in connection with the contest
          or
          defense, all at the sole cost and expense of the contesting or defending
          Party
          (unless the contesting or defending Party is entitled to indemnification
          therefor hereunder).

         

        Section
          7.8.  Confidentiality.
          From
          and after the date hereof (unless this Agreement is terminated in accordance
          with its terms), each Member will, and will cause such Member's Affiliates
          to,
          hold in strict confidence, and will not, and will cause such Member's Affiliates
          not to, disclose to any third party or use for any purpose, any and all
          information with respect to the Companies and the Subsidiaries, their business,
          the Transaction Documents or the transactions contemplated thereby
          (collectively, “Confidential
          Information”).
          Notwithstanding the foregoing, each Member may, and may permit such Member's
          Affiliates to, disclose Confidential Information (i) if compelled to disclose
          the same by judicial or administrative process or by other requirements
          of Law
          (but subject to the following provisions of this Section), (ii) if the
          same
          hereafter is in the public domain through no fault of such Member or (iii)
          if
          the same is later acquired by such Member from another source that is not
          under
          an obligation to another Person to keep such information confidential.
          If such
          Member or any of such Member's Affiliates is requested or required (by
          oral
          questions, interrogatories, requests for information or documents in legal
          proceedings, subpoena, civil investigative demand or other similar process)
          to
          disclose any Confidential Information, such Member shall provide Purchaser
          with
          prompt written notice of any such request or requirement so that Member
          may seek
          a protective order or other appropriate remedy and/or waive compliance
          with the
          provisions of this Section. If, in the absence of a protective order or
          other
          remedy or the receipt of a waiver by Purchaser, such Member or such Affiliate,
          as the case may be, nonetheless, based on the written advice of outside
          counsel,
          is required to disclose Confidential Information to any tribunal or in
          accordance with applicable Law, such Member or such Affiliate, without
          liability
          hereunder, may disclose that portion of such information which such counsel
          advises such Member or such Affiliate it is legally required to disclose.
          Each
          Member acknowledges and agrees that money damages would not be an adequate
          remedy for any breach of his agreements contained in this Section 7.8 and
          that in addition to any other remedies available to Purchaser, Purchaser
          shall
          be entitled to the remedies of injunction, specific performance and other
          equitable relief for any threatened or actual breach of this Section 7.8.

         

        Section
          7.9.  Non-Competition.
          As a
          material inducement to Parent and Purchaser to enter into this Agreement,
          each
          of Chandler and Chicco (each, an “Obligated
          Party”)
          agrees
          as follows:

         

        (a)  During
          the Non-Competition Period, the Obligated Party will not, and the Obligated
          Party will cause his or her Affiliates not to, engage or participate, directly
          or indirectly, as principal, agent, executive, director, proprietor, joint
          venturer, trustee, employee, employer, consultant, stockholder, partner
          or in
          any other capacity whatsoever, in the conduct or management of, or own
          any stock
          or any other equity investment in or debt of, or provide any services of
          any
          nature whatsoever to or in respect of (1) any business that is competitive
          with
          the Business or (2) any Person that is a customer or client of the Company
          at
          any time during the Non-Competition Period or during the 12 months prior
          to the
          date of this Agreement, provided that nothing herein shall prevent an Obligated
          Party from making passive investments in up to 2% of the common stock of
          any
          publicly traded company.

         

        (b)  During
          the Non-Competition Period, no Obligated Party will, and each Obligated
          Party
          will cause his or her Affiliates not to, for such Affiliate’s own benefit or for
          the benefit of any Person other than a Company or Subsidiary, (i) solicit,
          or
          assist any person or entity to solicit, any officer, director, executive
          or
          employee of t a Company or Subsidiary to leave his or her employment, (ii)
          hire
          or cause to be hired any person who is then, or who will have been at any
          point
          in time during the Non-Competition Period, an officer, a director, an executive
          or an employee of a Company or Subsidiary, or (iii) engage any Person who
          is
          then, or who will have been at any point in time during the Non-Competition
          Period, an officer, director, executive or employee of a Company or Subsidiary
          as a partner, contractor, sub-contractor or consultant.

         

        (c)  During
          the Non-Competition Period, no Obligated Party will, and each Obligated
          Party
          will cause his Affiliates not to, (i) solicit, or assist any person or
          entity
          other than the Company or its Subsidiaries to solicit, any Person that
          is a
          client or customer of the Company or its Subsidiaries, or has been a client
          or
          customer of the Company or its Subsidiaries during the prior twelve (12)
          months,
          to provide any services competitive with those provided by the Company
          or its
          Subsidiaries or (ii) interfere with any of the business relationships of
          the
          Company or its Subsidiaries.

         

        (d)  The
          Obligated Parties acknowledge that (i) the markets served by the Companies
          and
          the Subsidiaries are national and international in scope and are not dependent
          on the geographic location of the executive personnel or the businesses
          by which
          they are employed; and (ii) the above covenants are manifestly reasonable
          on
          their face, and the parties expressly agree that such restrictions have
          been
          designed to be reasonable and no greater than is required for the protection
          of
          Purchaser and are a significant element of the consideration
          hereunder.

         

        (e)  If
          the
          final judgment of a court of competent jurisdiction declares that any term
          or
          provision of this Section 7.9 is invalid or unenforceable, the parties
          agree
          that the court making the determination of invalidity or unenforceability
          shall
          have the power to reduce the scope, duration, or area of the term or provision,
          to delete specific words or phrases, or to replace any invalid or unenforceable
          term or provision with a term or provision that is valid and enforceable
          that
          comes closest to expressing the intention of the invalid or unenforceable
          term
          or provision, and this Agreement shall be enforceable as so modified after
          the
          expiration of the time within which the judgment may be appealed.

         

        (f)  Each
          Obligated Party agrees and acknowledges that in order to assure Parent
          and
          Purchaser that each of the Companies and the Subsidiaries will retain the
          value
          of its operations, it is necessary that such Obligated Party undertake
          not to
          utilize such Obligated Party’s special knowledge of such business operations and
          such Obligated Party’s relationships with customers to compete with Purchaser.
          Each Obligated Party further acknowledges that: 

         

        (i)
          such
          Obligated Party is engaged in, is knowledgeable about, and provides services
          in
          connection with all aspects of the Companies’ and the Subsidiaries'
          business;

         

        (ii)
          such
          Obligated Party will occupy a position of trust and confidence with the
          Companies and the Subsidiaries and is familiar with, and will continue
          to become
          familiar with, the Companies’ and their Subsidiaries’ trade secrets and with
          other Confidential Information (as defined in Section 7.8) concerning the
          Business;

         

        (iii)
          the
          agreements and covenants contained in Section 7.8 and this Section 7.9
          are
          essential to protect the value and goodwill of the Business; and 

         

        (iv)
          the
          provisions contained in Section 7.8 and this Section 7.9 are integral to
          the
          transactions contemplated hereby and that Parent and Purchaser would not
          enter
          into such transactions without the protections afforded by Section 7.8
          and this
          Section 7.9.

         

        Section
          7.10.  Names
          and Logos.
          From
          and after the Closing, no Obligated Party will, and each Obligated Party
          will
          cause his or her Affiliates not to, use any names or logos incorporating
          “Chandler Chicco,” “Chandler,” “Chicco,” “BrandTectonics” or “Determinus” or any
          derivatives thereof in connection with the provision of public relations
          or
          related services. The covenant contained in the preceding sentence shall
          survive
          the expiration of the Non-Competition Period. Within five business days
          following the Closing, the Members shall cause BrandTectonics, L.L.C. to
          amend
          its certificate of formation to change its name to a name not incorporating
          “BrandTectonics” and shall cause Determinus, L.L.C. to amend its certificate of
          formation to change its name to a name not incorporating “Determinus”.

         

        Section
          7.11.  Certain
          Additional Actions.
          The
          Members shall cause each automobile lease to which any Company (or any
          Affiliate
          thereof) is a party that relates to an automobile used by any Related Personnel
          to be cancelled or transferred within fifteen (15) days following the Closing
          Date such that no Company (or any Affiliate thereof) has any post-closing
          liability in respect thereof. Except to the extent otherwise determined
          by
          Purchaser, the Members shall cause each life insurance policy under which
          any
          Company or Subsidiary is the named beneficiary or otherwise entitled to
          recovery
          (each a "Key
          Man Policy")
          to be
          cancelled without cost to any Company or Subsidiary, or distributed to
          the
          Member whose life is insured thereunder, within fifteen (15) days following
          the
          Closing Date.

         

        ARTICLE
          VIII  

         

        

         

        INDEMNIFICATION

         

        Section
          8.1.  Indemnity
          Obligations of the Members.
          Each
          Member covenants and agrees severally to defend, indemnify and hold harmless
          Purchaser and its Affiliates (including Parent and, following the Closing,
          the
          Companies and the Subsidiaries) and the respective officers, directors,
          employees, agents, advisers and representatives of the foregoing (collectively,
          the “Purchaser
          Indemnitees”),
          from
          and against, and to pay or reimburse Purchaser Indemnitees for, any and
          all
          claims, liabilities, obligations, losses, fines, costs, proceedings or
          damages
          (whether absolute, accrued, conditional or otherwise and whether or not
          resulting from third party claims), including all reasonable fees and
          disbursements of counsel incurred in the investigation or defense of any
          of the
          same or in asserting any of their respective rights hereunder (collectively,
          “Losses”),
          based
          on, resulting from, arising out of or relating to:

         

        (i) any
          misrepresentation or breach of any warranty of the Company or any Member
          contained in this Agreement; provided that in determining whether any such
          misrepresentation or breach occurred, any dollar amount thresholds, materiality
          qualifiers and Company Material Adverse Effect qualifier contained in any
          representation or warranty herein shall be disregarded;

         

        (ii) any
          failure of any Company or such Member to perform any covenant or agreement
          made
          or contained in this Agreement or fulfill any material obligation in respect
          thereof; 

         

        (iii) 
          except (A) as specifically set forth on the Final Closing Working Capital
          Statement and (B) obligations of any Company or Subsidiary to be paid or
          performed after the Closing Date under the Contracts disclosed in the Disclosure
          Schedule (except to the extent such obligations, but for a breach or default
          by
          a Company or Subsidiary, would have been paid, performed or otherwise discharged
          on or prior to the Closing Date or to the extent the same arise out of
          any such
          breach or default), any Liabilities of a Company, a Subsidiary or any Affiliate
          or a Company or Subsidiary of any kind or nature whatsoever caused by any
          transaction, status, event, condition, occurrence or situation existing,
          arising
          or occurring on or prior to the Closing Date; or

         

        (iv) 
          the matters disclosed or required to be disclosed in Section 3.16 of the
          Disclosure Schedule.

         

        The
          Members shall not be required to indemnify Purchaser Indemnitees with respect
          to
          any claim for indemnification (other than a claim for indemnification based
          on a
          breach of the representations and warranties contained in Article II or
          in
          Sections 3.1, 3.2, 3.9, 3.11(c), 3.14, 3.18 or 3.24) resulting from or
          arising
          out of matters described in clause (i) above pursuant to this Section 8.1
          (and not resulting from or arising out of matters described in clauses (ii)
          through (iv) above) unless and until the aggregate amount of all such claims
          against the Members exceeds [***] (the “Threshold
          Amount”),
          in
          which case the Members shall be required to indemnify Purchaser Indemnitees
          for
          the full amount of such claims including the Threshold Amount. Claims thereafter
          may be asserted regardless of amount. For purposes of determining whether
          the
          Threshold Amount has been exceeded, no claim for indemnification resulting
          from
          or arising out of matters described in clause (i) above pursuant to this
          Section
          8.1 (and not resulting from or arising out of matters described in clauses
          (ii)
          through (iv) above) will be taken into account if such claim, together
          with any
          related claim or group of claims, does not give rise to Losses in excess
          of [***].
          

         

        The
          Members' maximum liability (exclusive of liabilities based on claims for
          indemnification based on a breach of the representations and warranties
          contained in Article II or in Sections 3.1, 3.2, 3.9, 3.11(c), 3.14, 3.18
          or
          3.24) to Purchaser Indemnitees under clause (i) above (and not resulting
          from or
          arising out of matters described in clauses (ii) through (iv) above) shall
          not
          exceed [***].

         

        Section
          8.2.  Indemnity
          Obligations of Purchaser.
          Purchaser covenants and agrees to defend, indemnify and hold harmless the
          Members from and against any and all Losses based on, resulting from, arising
          out of or relating to:

         

        (i) any
          misrepresentation or breach of warranty of Purchaser or Parent contained
          in the
          Transaction Documents; provided that in determining whether any such
          misrepresentation or breach occurred, any dollar amount thresholds and
          materiality qualifiers contained in any representation or warranty herein
          shall
          be disregarded;

         

        (ii) any
          failure of any Purchaser or Parent to perform any covenant or agreement
          made or
          contained in the Transaction Documents or fulfill any other obligation
          in
          respect thereof; or

         

        Purchaser
          shall not be required to indemnify the Members with respect to any claim
          for
          indemnification (other than a claim for indemnification based on a breach
          of the
          representations and warranties contained in Sections 4.1, 4.2, 5.1 or 5.2)
          resulting from or arising out of matters described in clause (i) above
          pursuant to this Section 8.2 (and not resulting from or arising out of
          matters
          described in clause (ii) above) unless and until the aggregate amount of
          all claims against Purchaser exceeds the Threshold Amount, in which case
          Purchaser shall be required to indemnify the Members for the full amount
          of such
          claims including the Threshold Amount. Claims thereafter may be asserted
          regardless of amount. Purchaser’s maximum liability (exclusive of liabilities
          based on claims for indemnification based on a breach of the representations
          and
          warranties contained in Sections 4.1, 4.2, 5.1 or 5.2) to the Members under
          clause (i) above (and not resulting from or arising out of matters described
          in
          clause (ii) above) shall not exceed the Effective Purchase
          Price.

         

        Section
          8.3.  Indemnification
          Procedures.
          

         

        (a)
          Third
          Party Claims.
          In the
          case of any claim asserted by a third party against a party entitled to
          indemnification under this Agreement (the “Indemnified Party”), notice shall be
          given by the Indemnified Party to the party required to provide indemnification
          (the “Indemnifying Party”) as soon as practicable after such Indemnified Party
          has actual knowledge of any claim as to which indemnity may be sought. If the
          Indemnifying Party acknowledges that the third party claim is within the
          scope
          of the indemnification obligations of the Indemnifying Party, the Indemnified
          Party shall permit the Indemnifying Party (at the expense of such Indemnifying
          Party) to assume the defense of any third party claim or any litigation
          with a
          third party resulting therefrom; provided, however, that (a) the counsel
          for the Indemnifying Party who shall conduct the defense of such claim
          or
          litigation shall be subject to the approval of the Indemnified Party (which
          approval shall not be unreasonably withheld or delayed), (b) the
          Indemnified Party may participate in such defense at such Indemnified Party’s
          expense (which shall not be subject to reimbursement hereunder except as
          provided below), and (c) the failure by any Indemnified Party to give
          notice as provided herein shall not relieve the Indemnifying Party of its
          indemnification obligation under this Agreement except and only to the
          extent
          that such Indemnifying Party is actually and materially damaged as a result
          of
          such failure to give notice. Except with the prior written consent of the
          Indemnified Party, no Indemnifying Party, in the defense of any such claim
          or
          litigation, shall consent to entry of any judgment or enter into any settlement
          that provides for injunctive or other nonmonetary relief affecting the
          Indemnified Party or that does not include as an unconditional term thereof
          the
          giving by each claimant or plaintiff to such Indemnified Party of a general
          release from any and all liability with respect to such claim or litigation.
          If
          the Indemnified Party shall in good faith determine that the conduct of
          the
          defense of any claim subject to indemnification hereunder or any proposed
          settlement of any such claim by the Indemnifying Party might be expected
          to
          affect adversely the ability of the Indemnified Party to conduct its business,
          or that the Indemnified Party may have available to it one or more defenses
          or
          counterclaims that are inconsistent with one or more of those that may
          be
          available to the Indemnifying Party in respect of such claim or any litigation
          relating thereto, the Indemnified Party shall have the right at all times
          to
          take over and assume control over the defense, settlement, negotiations
          or
          litigation relating to any such claim at the sole cost of the Indemnifying
          Party; provided, however, that if the Indemnified Party does so take over
          and
          assume control, the Indemnified Party shall not settle such claim or litigation
          without the prior written consent of the Indemnifying Party, such consent
          not to
          be unreasonably withheld or delayed. If the Indemnifying Party does not
          accept
          the defense of any matter as above provided within thirty (30) days after
          receipt of the notice from the Indemnified Party described above, the
          Indemnified Party shall have the full right to defend against any such
          claim or
          demand at the sole cost of the Indemnifying Party and shall be entitled
          to
          settle or agree to pay in full such claim or demand. In any event, the
          Indemnifying Party and the Indemnified Party shall reasonably cooperate
          in the
          defense of any claim or litigation subject to this Article VIII and the
          records
          of each shall be reasonably available to the other with respect to such
          defense.

         

        (b)
          Non-Third
          Party Claims.
          With
          respect to any claim for indemnification hereunder which does not involve
          a
          third party claim, the Indemnified Party will give the Indemnifying Party
          written notice of such claim. The Indemnifying Party may acknowledge and
          agree
          by notice to the Indemnified Party in writing to satisfy such claim within
          twenty (20) days of receipt of notice of such claim from the Indemnified
          Party.
          If the Indemnifying Party shall dispute such claim, the Indemnifying Party
          shall
          provide written notice of such dispute to the Indemnified Party within
          such
          20-day period, setting forth in reasonable detail the basis of such dispute.
          Upon receipt of notice of any such dispute, the Indemnified Party and the
          Indemnifying Party shall use reasonable efforts to resolve such dispute
          within
          thirty (30) days of the date such notice of dispute is received. If the
          Indemnifying Party shall fail to provide written notice to the Indemnified
          Party
          within twenty (20) days of receipt of notice from the Indemnified Party
          that the
          Indemnifying Party either acknowledges and agrees to pay such claim or
          disputes
          such claim, the Indemnifying Party shall be deemed to have acknowledged
          and
          agreed to pay such claim in full and to have waived any right to dispute
          such
          claim. Once (a) the Indemnifying Party has acknowledged and agreed to pay
          any
          claim pursuant to this Section 8.3, (b) any dispute under this Section
          8.3 has
          been resolved in favor of indemnification by mutual agreement of the
          Indemnifying Party and the Indemnified Party, or (c) any dispute under
          this
          Section 8.3 has been finally resolved in favor of indemnification by order
          of a
          court of competent jurisdiction or other tribunal (including an arbitrator
          contemplated by this agreement) having jurisdiction over such dispute,
          then the
          Indemnifying Party shall pay the amount of such claim to the Indemnified
          Party
          within twenty (20) days of the date of acknowledgement by the Indemnifying
          Party
          or final resolution in favor of indemnification, as the case may be, to
          such
          account and in such manner as is designated in writing by the Indemnified
          Party.

         

        Section
          8.4.  Expiration
          of Representations and Warranties.
          All
          representations and warranties contained in this Agreement shall survive
          the Closing
          until [***];
          provided,
          however,
          that
          (i) the representations and warranties stated in Sections 3.9, 3.14 and
          3.18 shall survive the Closing for the period ending on the date that is
          30 days
          after the expiration of the applicable statute of limitations period and
          (ii)
          the representations and warranties stated in Article II and in Sections
          3.1,
          3.2, 3.11(c), 3.24, 4.1, 4.2, 5.1 and 5.2 shall survive
          indefinitely.

         

        Section
          8.5.  Exclusive
          Remedy.
          Absent
          fraud or criminal activity and except as provided under Sections 7.8 and
          7.9 and in Article IX, the indemnifications provided for in this Article
          VIII
          shall be the sole and exclusive post-Closing remedies available to any
          party
          against any other party for any claims under or based upon this Agreement.
          The
          Members acknowledge that the representations and warranties contained in
          the
          Transaction Documents shall not be deemed waived or otherwise affected
          by any
          investigation by or on behalf of Purchaser or Parent.

         

        Section
          8.6.  Set
          Off.
          If a
          Member shall have any Liability to Purchaser or any other Purchaser Indemnitee,
          including Parent or any of their Subsidiaries (pursuant to this Article
          VIII,
          Article IX or otherwise), Purchaser or such other Purchaser Indemnitee,
          as the
          case may be, shall be entitled, in addition to any other right or remedy
          they
          may have, to exercise rights of set-off against any payments or securities
          payable or deliverable to the Members in connection with the Transaction
          Documents or otherwise, including without limitation pursuant to Section
          1.5 of
          this Agreement.

         

        Section
          8.7.  Calculation
          of Losses.
          For
          purposes of this Article VIII, the amount of any Loss shall be calculated
          net of
          any Tax benefit actually realized by the Indemnified Party during the same
          Tax
          year. 

         

        ARTICLE
          IX  

         

        CERTAIN
          TAX MATTERS

         

        Section
          9.1.  Taxable
          Periods That Begin Before and End After the Closing Date.
          For
          purposes of this Agreement, (a) in the case of any taxable period of the
          Companies and the Subsidiaries that commences prior to and includes (but
          does
          not end on) the Closing Date (a “Straddle
          Period”),
          the
          amount of any Taxes based on or measured by income or receipts of the Companies
          and the Subsidiaries for the Pre-Closing Tax Period shall be determined
          based on
          an interim closing of the books as of the close of business on the Closing
          Date
          and the amount of other Taxes of the Companies and the Subsidiaries for
          a
          Straddle Period which relate to the Pre-Closing Tax Period shall be deemed
          to be
          the amount of such Tax for the entire taxable period multiplied by a fraction
          the numerator of which is the number of days in the taxable period ending
          on the
          Closing Date and the denominator of which is the number of days in such
          Straddle
          Period; and (b) the amount of Taxes of the Companies and the Subsidiaries
          for
          the Pre-Closing Tax Period, whether with respect to a Straddle Period or
          not,
          shall also be determined as if the taxable period of any partnership or
          other
          pass-thru entity in which any Company or Subsidiary holds a beneficial
          interest
          terminated as of the close of business on the Closing Date.

         

        Section
          9.2.   Tax
          Returns; Tax Sharing Agreements.
          (a) The
          Representative will prepare any income Tax Return of the Companies and
          the
          Subsidiaries for taxable periods ending on or before the Closing Date.
          The
          Representative shall permit Purchaser to review and comment on each such
          Tax
          Return prior to filing and shall make such revisions to such Tax Returns
          as are
          reasonably requested by Purchaser. Parent will prepare or cause to be prepared
          and file or cause to be filed all other Tax Returns of the Companies and
          the
          Subsidiaries which are filed after the Closing Date. Purchaser will allow
          the
          Representative to review and comment on any Straddle Period Tax Return
          and shall
          make such revisions to such Tax Returns as are reasonably requested by
          the
          Representative. Subject to Section 9.3, the Members agree jointly and severally
          to remit to the Companies the amount of any Taxes due with respect to taxable
          periods ending on or before the Closing Date and the amount of any Taxes
          allocable to the Pre-Closing Tax Period under Section 9.1 with respect
          to a
          Straddle Period Tax Return  within
          the later of 10 days of Parent or the Companies’ request therefor or 10 days
          prior to the date on which the Tax liability is required to be
          satisfied.

         

        (b)
          All
          Tax sharing agreements or similar agreements with respect to or involving
          the
          Companies and the Subsidiaries shall be terminated as of the Closing Date
          and,
          after the Closing Date, the Companies and the Subsidiaries shall not be
          bound
          thereby or have any liability thereunder.

         

        Section
          9.3.  Tax
          Indemnity.
          (a) The
          Members will jointly and severally indemnify and hold Parent, Purchaser
          and the
          Companies and each of their respective successors and assigns (each, a
          “Tax
          Indemnitee”)
          harmless against all Losses attributable to (i) any Tax of the Companies
          and the
          Subsidiaries for any Pre-Closing Tax Period, (ii) Taxes of any member of
          an
          affiliated, consolidated, combined or unitary group of which the Companies
          (or
          any predecessor) is or was a member on or prior to the Closing Date, including
          pursuant to Section 1.1502-6 of the Treasury Regulations or any analogous
          or
          similar state, local or foreign income Tax law or regulation, (iii) Taxes
          of any
          Person other than the Companies and the Subsidiaries that are imposed on
          the
          Companies as a transferee or successor, by contract, or otherwise, which
          Taxes
          related to an result from an event or transaction occurring prior to the
          Closing
          and (iv) any breach of the covenants in this Article IX; provided,
          however,
          that in
          any such case the Members will be liable only to the extent that such Taxes
          exceed the amount, if any, reserved for such Taxes as reflected in Final
          Closing
          Working Capital Amount. The limitations on indemnification contained in
          Article
          VIII will not apply to any claim for indemnification under this Article
          IX. If a
          Party has any indemnification obligations with respect to any Loss under
          both
          this Article IX and Article VIII, the indemnification obligations under
          this
          Article IX will control and be their exclusive obligation. Subject to Section
          9.3(b), the Members shall reimburse Parent, Purchaser and the Companies
          for any
          Losses which are the responsibility of any Members pursuant to this Section
          9.3(a) within ten days after the Parent or the Companies’s request thereof.

         

        (b)
          After
          the Closing, Parent shall inform the Representative within fifteen (15)
          days of
          its receipt of any notice of any Tax audit, assessment, adjustment, examination
          or proceeding (“Tax
          Contest”)
          relating in whole or in part to Taxes for which a Tax Indemnitee may be
          entitled
          to indemnity from the Members hereunder; provided,
          however,
          that
          the failure of Parent to provide such notice shall not affect the Members’
indemnity obligations under Section 9.3(a) except to the extent that the
          Member
          is materially prejudiced. If the Representative notifies Parent within
          thirty
          (30) days following receipt of notice of such Tax Contest that the
          Representative intends to exercise his contest rights under this Section
          9.3(b),
          the Representative shall have the right to control such Tax Contest at
          his
          expense and to employ counsel of his choice. Parent shall have the right
          to
          participate in any such Tax Contest at its own expense, shall be entitled
          to
          control the disposition of any issue in any such Tax Contest that does
          not
          affect a potential liability of the Members, and shall be entitled to jointly
          control with the Representative the defense and disposition of any issue
          in any
          such Tax Contest that relates to any Straddle Period. Parent shall control
          any
          other Tax Contests. With respect to a Tax Contest which the Representative
          is
          entitled to control, the Representative shall have the right to determine
          all
          issues relating to the Tax Contest except that the Representative shall
          not
          settle any Tax Contest without the prior consent of Parent (which consent
          may
          not be unreasonably withheld). Parent shall deliver to the Member any power
          of
          attorney reasonably required to allow the Representative and his counsel
          to
          represent Parent and the Companies in connection with any Tax Contest that
          the
          Representative is entitled to control hereunder and shall use its reasonable
          efforts to provide the Representative with such assistance as may be reasonably
          requested by the Representative in connection with any such Tax Contest.
          The
          Parties each agree to consult with and to keep the other Parties hereto
          informed
          on a regular basis regarding the status of any Tax Contest to the extent
          that
          such Tax Contest could affect a liability of such other Party (including
          indemnity obligations hereunder). 

         

        (c)
          To
          the extent allowable under applicable law, all amounts payable under Article
          VIII and this Section 9.3 will be treated for Tax purposes as adjustments
          to the Purchase Price. 

         

        (d) Parent,
          the Companies and the Members shall cooperate fully, as and to the extent
          reasonably requested by one another, in connection with the preparation
          and
          filing of Tax Returns and any audit, litigation or other proceeding with
          respect
          to Taxes. Such cooperation shall include the retention and (upon another’s
          request) the provision of records and information which are reasonably
          relevant
          to any such audit, litigation or other proceeding and making employees
          available
          on a mutually convenient basis to provide additional information and explanation
          of any material provided hereunder. Parent and the Companies on the one
          hand,
          and the Members on the other, agree (i) to retain all books and records
          with
          respect to Tax matters pertinent to the Companies and the Subsidiaries
          relating
          to any taxable periods, and (ii) to give the other party reasonable written
          notice prior to transferring, destroying or discarding any such books and
          records and, if so requested, the Parent, the Companies, or the Member,
          as the
          case may be, shall allow the requesting party to take possession of such
          books
          and records. The parties hereto agree, upon request, to use reasonable
          efforts
          to obtain any certificate or other document from any taxing authority or
          any
          other Person as may be necessary to mitigate, reduce or eliminate any Tax
          that
          could otherwise be imposed. 

         

        ARTICLE
          X  

         

        

         

        MISCELLANEOUS

         

        Section
          10.1.  Certain
          Definitions.

         

        For
          purposes of this Agreement, the following terms shall have the meanings
          specified in this Section 10.1:

         

        “Affiliate”
means,
          with respect to any Person, any other Person directly or indirectly controlling,
          controlled by or under common control with such Person, and in the case
          of any
          natural Person shall include all relatives and family members of such Person.
          For purposes of this definition, a Person shall be deemed to control another
          Person if such first Person and/or any relatives or family members of such
          First
          Person directly or indirectly owns or holds five percent (5%) or more of
          the
          ownership interests in such other Person.

         

        “Books
          and Records”
means
          all books and records of the Companies and the Subsidiaries, including
          manuals,
          price lists, mailing lists, lists of customers, sales and promotional materials,
          purchasing materials, documents evidencing intangible rights or obligations,
          personnel records, accounting records and litigation files (regardless
          of the
          media in which stored), in each case relating to or used in the
          Business.

         

        “Business”
means
          the business of the Companies and the Subsidiaries as conducted or proposed
          to
          be conducted as of the date hereof, including, without limitation, all
          activities involving the provision of public relations or related services
          to
          clients in the pharmaceutical, medical device, biotechnology and life sciences
          industries.

         

        “Closing
          Period”
means
          the period from the date of the Agreement through the Closing Date.

         

        “Code”
shall
          mean the Internal Revenue Code of 1986, as amended.

         

        “Company
          Material Adverse Change”
or
          “Company
          Material Adverse Effect”
means
          any change or effect that is materially adverse to (i)  the business,
          properties, results of operations, prospects or condition (financial or
          otherwise) of the Companies and the Subsidiaries, (ii) the ability of the
          Companies or any Member to perform its obligations under this Agreement
          or
          (iii) the ability of the Companies and the Subsidiaries to conduct the
          Business after the Closing Date as the Business is being conducted as of
          the
          date hereof.

         

        “Consent”
means
          any consent, approval, authorization, waiver, permit, grant, franchise,
          concession, agreement, license, exemption or order of, registration,
          certificate, declaration or filing with, or report or notice to, any Person,
          including any Governmental Body.

         

        “Contract”
means
          any contract, agreement, indenture, note, bond, loan, mortgage, license,
          instrument, lease, commitment or other arrangement or agreement.

         

        “EBIT”
means,
          for any Applicable EBIT Period, [***] 

        

        “Environmental
          Law”
means
          any foreign, federal, state or local statute, regulation, ordinance, or
          rule of
          common law as now or hereafter in effect in any way or any other legally
          binding
          requirement relating to the environment, natural resources or protection
          of
          human health and safety including, without limitation, the Comprehensive
          Environmental Response, Compensation and Liability Act (42 U.S.C. § 9601
et seq.),
          the
          Hazardous Materials Transportation Act (49 U.S.C. App. § 1801 et seq.),
          the
          Resource Conservation and Recovery Act (42 U.S.C. § 6901 et seq.),
          the
          Clean Water Act (33 U.S.C. § 1251 et seq.),
          the
          Clean Air Act (42 U.S.C. § 7401 et seq.)
          the
          Toxic Substances Control Act (15 U.S.C. § 2601 et seq.),
          the
          Federal Insecticide, Fungicide, and Rodenticide Act (7 U.S.C. § 136
et seq.),
          and
          the Occupational Safety and Health Act (29 U.S.C. § 651 et seq.),
          and
          the regulations promulgated pursuant thereto.

        

        “Fair
          Market Value”
means,
          as to the Parent Common Stock, (i) the average closing price of the Parent
          Common Stock as quoted on NASDAQ over a period of 20 consecutive trading
          days
          the latest of which shall be the second trading day prior to the date as
          of
          which “Fair Market Value” is being determined and (ii) as to other securities
          for purposes of Section 1.5(e), the average closing price of the security
          being
          valued as quoted on the relevant exchange or interdealer quotation system
          over a
          period of 20 consecutive trading days the latest of which shall be the
          second
          trading day prior to the date as of which “Fair Market Value” is being
          determined.

         

        “GAAP”
means
          United States generally accepted accounting principles as in effect from
          time to
          time.

         

        “Governmental
          Approval”
means
          any Consent of, with or to any Governmental Body.

         

        “Governmental
          Body”
means
          any government or governmental or regulatory authority or body thereof,
          or
          political subdivision thereof, whether federal, state, local or foreign,
          or any
          agency, instrumentality or authority thereof, or any court or arbitrator
          (public
          or private).

         

        “Hazardous
          Material”
means
          any substance, material or waste which is regulated by the United States,
          the
          foreign jurisdictions in which the Companies conducts business, or any
          state,
          local or foreign governmental authority including, without limitation,
          petroleum
          and its by-products, asbestos, and any material or substance which is defined
          as
          a “hazardous waste,” “hazardous substance,” “hazardous material,” “restricted
          hazardous waste,” “industrial waste,” “solid waste,” “contaminant,” “pollutant,”
“toxic waste” or “toxic substance” under any provision of Environmental
          Law.

         

          “Indebtedness”
            of any
            Person means, without duplication, (i) the principal, accreted value,
            accrued
            and unpaid interest, prepayment and redemption premiums or penalties
            (if any),
            unpaid fees or expenses and other monetary obligations in respect of
            (A)
            indebtedness of such Person for money borrowed and (B) indebtedness evidenced
            by
            notes, debentures, bonds or other similar instruments for the payment
            of which
            such Person is responsible or liable; (ii) all obligations of such Person
            issued
            or assumed as the deferred purchase price of property, all conditional
            sale
            obligations of such Person and all obligations of such Person under any
            title
            retention agreement (but excluding trade accounts payable and other accrued
            current liabilities arising in the ordinary course of business consistent
            with
            past custom and practice (other than the current liability portion of
            any
            indebtedness for borrowed money)); (iii) all obligations of such Person
            under
            leases required to be capitalized in accordance with GAAP; (iv) all obligations
            of such Person for the reimbursement of any obligor on any letter of
            credit,
            banker’s acceptance or similar credit transaction; (v) all obligations of such
            Person under interest rate or currency swap transactions (valued at the
            termination value thereof); (vi) all
            obligations of the type referred
            to
            in clauses (i) through (v)
            of any
            Persons for the payment of which such Person is responsible or liable,
            directly
            or indirectly, as obligor, guarantor, surety or otherwise, including
            guarantees
            of such obligations; and (vii)
            all
            obligations of the type referred to in clauses (i) through
            (vi)
            of
            other Persons secured by (or for which the holder of such obligations
            has an
            existing right, contingent or otherwise, to be secured by) any Lien on
            any
            property or asset of such Person (whether or not such obligation is assumed
            by
            such Person). 

         

        “Intellectual
          Property”
means
          (a) all inventions (whether patentable or unpatentable and whether or not
          reduced to practice), all improvements thereto, and all patents, patent
          applications, and patent disclosures, together with all reissuances,
          continuations, continuations-in-part, revisions, extensions, and reexaminations
          thereof, (b) all trademarks, service marks, trade dress, logos, trade names,
          and
          corporate names, together with all translations, adaptations, derivations,
          and
          combinations thereof and including all goodwill associated therewith, and
          all
          applications, registrations and renewals in connection therewith, (c) all
          copyrightable works, all copyrights, and all applications, registrations
          and
          renewals in connection therewith, (d) all mask works and all applications,
          registrations and renewals in connection therewith, (e) all trade secrets
          and
          confidential information (including ideas, research and development, know-how,
          formulas, compositions, manufacturing and production processes and techniques,
          technical data, designs, drawings, specifications, customer and supplier
          lists,
          pricing and cost information, and business and marketing plans and proposals),
          (f) all computer software (including data and related documentation), (g)
          all
          other proprietary rights, and (h) all copies and tangible embodiments thereof
          (in whatever form or medium).

         

        “IRS”
means
          the United States Internal Revenue Service.

         

        “Knowledge”
or
          words of similar effect, regardless of case, means, with respect to the
          Companies and/or the Subsidiaries, the actual subjective knowledge of each
          member of senior management of the Companies and/or the Subsidiaries after
          conducting such investigation as such person determines in good faith to
          be
          appropriate under the circumstances.

         

        “Law”
means
          any federal, state, local or foreign law (including common law), statute,
          code,
          ordinance, rule, regulation or other requirement.

         

        “Legal
          Proceeding”
means
          any judicial, administrative or arbitral actions, suits, proceedings (public
          or
          private), claims or governmental proceedings.

         

        “Liability”
means
          any liability (whether known or unknown, whether asserted or unasserted,
          whether
          absolute or contingent, whether accrued or unaccrued, whether liquidated
          or
          unliquidated, and whether due or to become due), including any liability
          for
          Taxes.

         

        “Lien”
means
          any lien (including any Tax lien), pledge, mortgage, deed of trust, security
          interest, claim, lease, charge, option, right of first refusal, easement,
          servitude, transfer restriction or any other encumbrance, restriction or
          limitation whatsoever. 

         

        “Neutral
          Accountant”
means
          an independent auditing firm of nationally or regionally recognized standing
          selected by the mutual agreement of Purchaser and the Representative within
          15
          days of the date on which the Neutral Accountant is proposed to begin serving
          or, if Purchaser and the Representative are unable to agree within such
          period,
          an independent auditing firm of nationally or regionally recognized standing
          selected jointly by two other such firms, one of which shall be specified
          by
          Purchaser and one of which shall be specified by the Representative, within
          15
          days after the expiration of such period. 

         

           “Non-Competition
          Period”
means
          the period from the Closing Date through the fifth anniversary thereof.
          

         

        “Order”
means
          any order, injunction, judgment, decree, ruling, writ, assessment or arbitration
          award.

         

        “Permitted
          Encumbrances”
means
          (i) statutory liens for current Taxes, assessments or other governmental
          charges
          not yet delinquent or the amount or validity of which is being contested
          in good
          faith by appropriate proceedings and that are set forth on Schedule IV,
          provided
          an appropriate reserve has been established therefor; (ii) mechanics’,
          carriers’, workers’, repairers’ and similar Liens arising or incurred in the
          ordinary course of business that are not material to the business, operations
          and financial condition of the property so encumbered or the Companies
          and the
          Subsidiaries and that are set forth on Schedule IV; (iii) zoning, entitlement
          and other land use and environmental regulations by any Governmental Body,
          provided that such regulations have not been violated; and (iv) such other
          imperfections in title, charges, easements, restrictions and encumbrances
          which
          do not materially detract from the value of or materially interfere with
          the
          present use of the assets subject thereto or affected thereby and that
          are set
          forth on Schedule IV.

         

        “Person”
means
          any individual, corporation, partnership, firm, joint venture, association,
          joint-stock company, trust, unincorporated organization, Governmental Body
          or
          other entity.

         

        "Phantom
          Equity Plan"
          means
          The Phantom Common Stock Plan annexed to Schedule I to this
          Agreement.

         

        “Pre-Closing
          Tax Period”
means
          any taxable period ending on or before the Closing Date and the portion,
          ending
          on the Closing Date, of any Straddle Period.

         

        “Release”
means
          any release, spill, emission, leaking, pumping, injection, deposit, disposal,
          discharge, dispersal, migration or leaching into the indoor or outdoor
          environment, or into or out of any property.

         

        “Subsidiary”
means
          any Person of which a 50% or more of the outstanding voting securities
          or other
          equity interests are owned, directly or indirectly, by one or more Companies
          and/or Subsidiaries, including Chandler Chicco Agency, Limited and Litmus
          Medical Marketing and Education Ltd..

         

        “Tax”
or
          “Taxes”
shall
          mean means any federal, state, provincial, local or foreign income, alternative
          minimum, accumulated earnings, personal holding company, franchise, capital
          stock, net worth, capital, profits, windfall profits, gross receipts, value
          added, sales, use, goods and services, excise, customs duties, transfer,
          conveyance, mortgage, registration, stamp, documentary, recording, premium,
          severance, environmental (including taxes under Section 59A of the Code or
          any analogous or similar provision of any state, local or foreign law or
          regulation), real property, personal property, ad valorem, intangibles,
          unclaimed property, rent, occupancy, license, occupational, employment,
          unemployment insurance, social security, disability, workers’ compensation,
          payroll, health care, withholding, estimated or other similar tax, duty
          or other
          governmental charge or assessment or deficiencies thereof, and including
          any
          interest, penalties or additions to tax attributable to the
          foregoing.

         

        “Tax
          Return”
means
          any return, report, declaration, form, claim for refund or information
          return or
          statement relating to Taxes, including any schedule or attachment thereto,
          and
          including any amendment thereof.

         

        “Transaction
          Documents”
means,
          with respect to any Person, this Agreement together with any other agreements,
          instruments, certificates and documents executed by such Person in connection
          herewith or therewith or in connection with the transactions contemplated
          hereby
          or thereby (including without limitation any Employment Agreement executed
          by
          such Person).

         

        “Treasury
          Regulations”
means
          the regulations promulgated under the Code, including temporary and proposed
          regulations. 

         

        Section
          10.2.  Publicity .
          No
          party shall issue any press release or make any other public announcement
          relating to the subject matter of this Agreement without the prior written
          consent of Parent.

         

        Section
          10.3.  Payment
          of Sales, Use or Similar Taxes; Transfer Taxes.
          The
          Members shall be responsible for and pay in a timely manner all sales,
          use,
          value added, documentary, stamp, gross receipts, registration, transfer,
          conveyance, excise, recording, license and other similar Taxes and fees
          (“Transfer
          Taxes”),
          arising out of or in connection with or attributable to the transactions
          effected pursuant to the Transaction Documents. Each party hereto shall
          prepare
          and timely file all Tax Returns required to be filed in respect of Transfer
          Taxes that are the primary responsibility of such party under applicable
          Law;
provided,
          however,
          that
          such party’s preparation of any such Tax Returns shall be subject to the other
          party’s approval, which approval shall not be unreasonably withheld or
          delayed.

         

        Section
          10.4.  Expenses.
          Except
          as otherwise provided in this Agreement, each party shall bear all costs
          and
          expenses incurred by such party in connection with the negotiation and
          execution
          of this Agreement and each other Transaction Document, whether or not the
          transactions contemplated hereby and thereby are consummated.

         

        Section
          10.5.  Specific
          Performance.
          The
          Members and the Companies acknowledge and agree that the breach of this
          Agreement would cause irreparable damage to Purchaser and that Purchaser
          will
          not have an adequate remedy at law. Therefore, the obligations of the Members
          and the Companies under this Agreement, including, without limitation,
          the
          Members’ obligations to sell the Membership Interests to Purchaser, shall be
          enforceable by a decree of specific performance issued by any court of
          competent
          jurisdiction, and appropriate injunctive relief may be applied for and
          granted
          in connection therewith (without the requirement of the posting of a bond
          or
          other surety). Such remedies shall, however, be cumulative and not exclusive
          and
          shall be in addition to any other remedies which any party may have under
          this
          Agreement or otherwise.

         

        Section
          10.6.  Submission
          to Jurisdiction; Consent to Service of Process.
          The
          parties hereto hereby irrevocably submit to the exclusive jurisdiction
          of any
          federal or state court located in New York, New York over any dispute arising
          out of or relating to this Agreement or any of the transactions contemplated
          hereby and each party hereby irrevocably agrees that all claims in respect
          of
          such dispute or any suit, action or proceeding related thereto may be heard
          and
          determined in such courts. The parties hereby irrevocably waive, to the
          fullest
          extent permitted by applicable Law, any objection which they may now or
          hereafter have to the laying of venue of any such dispute brought in such
          court
          or any defense of inconvenient forum for the maintenance of such dispute.
          Each
          of the parties hereto agrees that a judgment in any such dispute may be
          enforced
          in other jurisdictions by suit on the judgment or in any other manner provided
          by law.

         

        Section
          10.7.  Entire
          Agreement; Amendments and Waivers.
          This
          Agreement (including the schedules and exhibits hereto) represents the
          entire
          understanding and agreement between the parties hereto with respect to
          the
          subject matter hereof and can be amended, supplemented or changed, and
          any
          provision hereof can be waived, only by written instrument making specific
          reference to this Agreement signed by Purchaser, in the case of an amendment,
          supplement, modification or waiver sought to be enforced against Purchaser
          or
          Parent, or the Representative, in the case of an amendment, supplement,
          modification or waiver sought to be enforced against any Member or the
          Companies. No action taken pursuant to this Agreement, including without
          limitation, any investigation by or on behalf of any party, shall be deemed
          to
          constitute a waiver by the party taking such action of compliance with
          any
          representation, warranty, covenant or agreement contained herein. The waiver
          by
          any party hereto of a breach of any provision of this Agreement shall not
          operate or be construed as a further or continuing waiver of such breach
          or as a
          waiver of any other or subsequent breach. No failure on the part of any
          party to
          exercise, and no delay in exercising, any right, power or remedy hereunder
          shall
          operate as a waiver thereof, nor shall any single or partial exercise of
          such
          right, power or remedy by such party preclude any other or further exercise
          thereof or the exercise of any other right, power or remedy. All remedies
          hereunder are cumulative and are not exclusive of any other remedies provided
          by
          law.

         

        Section
          10.8.  Governing
          Law.
          This
          Agreement shall be governed by and construed in accordance with the laws
          of the
          State of New York without regard to conflicts of law principles
          thereof.

         

        Section
          10.9.  Table
          of Contents and Headings.
          The
          table of contents and section headings of this Agreement are for reference
          purposes only and are to be given no effect in the construction or
          interpretation of this Agreement.

         

        Section
          10.10.  Notices.
          All
          notices and other communications under this Agreement shall be in writing
          and
          shall be deemed given when delivered personally or mailed by certified
          mail,
          return receipt requested, to the parties (and shall also be transmitted
          by
          facsimile to the Persons receiving copies thereof) at the following addresses
          (or to such other address as a party may have specified by notice given
          to the
          other party pursuant to this provision):

         

        If
          to any
          Company, to:

         

        Chandler
          Chicco Agency

        450
          West
          15th
          Street,
          7th
          Floor

        New
          York,
          New York 10011

        Attn:
          Mr.
          Robert Chandler

        Telecopier:
          212-229-8496  

         

        With
          a
          copy to:

         

        Carter
          Ledyard & Milburn LLP

        2
          Wall
          Street

        New
          York,
          New York 10005 

        Attn:
          H.
          Thomas Davis, Jr., Esq.

        Telecopier:
          212-732-3232

        

        If
          to the
          Representative or any Member, to the Representative or such Member in care
          of:

        

        Chandler
          Chicco Agency

        450
          West
          15th
          Street,
          7th
          Floor

        New
          York,
          New York 10011

        Attn:
          Robert Chandler

        Telecopier:
          212-229-8496

        

        With
          a
          copy to:

         

        Carter
          Ledyard & Milburn LLP

        2
          Wall
          Street

        New
          York,
          New York 10005 

        Attn:
          H.
          Thomas Davis, Jr., Esq.

        Telecopier:
          212-732-3232

        

        If
          to
          Parent, to:

        

        inVentiv
          Health Inc.

        200
          Cottontail Lane

        Vantage
          Court North

        Somerset,
          New Jersey 08873

        Attention:
          Chief Executive Officer

        

        With
          a
          copy to:

         

        Akerman
          Senterfitt LLP

        335
          Madison Avenue

        Suite
          2600

        New
          York,
          New York 10017

        Facsimile:
          (212) 880-8965

        Attention:
          Kenneth G. Alberstadt, Esq.

        

        If
          to
          Purchaser, to:

         

        Chandler
          Chicco LLC

        in
          care
          of inVentiv Health Inc.

        200
          Cottontail Lane

        Vantage
          Court North

        Somerset,
          New Jersey 08873

        Attention:
          Chief Executive Officer

        

        With
          a
          copy to:

        

        Akerman
          Senterfitt LLP

        335
          Madison Avenue

        Suite
          2600

        New
          York,
          New York 10017

        Facsimile:
          (212) 880-8965

        Attention:
          Kenneth G. Alberstadt, Esq.

        

        Any
          such
          notice or communication shall be deemed to have been received (i) when
          delivered, if personally delivered or transmitted by electronic mail, with
          receipt acknowledgment by the recipient by return electronic mail, (ii)
          when
          sent, if sent by facsimile on a business day during normal business hours
          (or,
          if not sent on a business day during normal business hours, on the next
          business
          day after the date sent by facsimile), (iii) on the next business day after
          dispatch, if sent by nationally recognized, overnight courier guaranteeing
          next
          business day delivery, and (iv) on the 5th
          business
          day following the date on which the piece of mail containing such communication
          is posted, if sent by mail.

        

        Section
          10.11.  Severability.
          If any
          provision of this Agreement is invalid or unenforceable, the balance of
          this
          Agreement shall remain in effect.

         

        Section
          10.12.  Assignment
          of Works.
          Each
          Member agrees that all Work Product belongs in all instances to the Companies
          and the Subsidiaries. To the extent any Member previously had or retained
          any
          right, title or interest of any kind or nature whatsoever in any Work Product,
          such Member hereby assigns all such right, title and interest to the applicable
          Company or Subsidiary and agrees to take any such action as may be reasonably
          requested by Purchaser or Parent following the Closing to confirm such
          Company's
          or Subsidiary's exclusive right, title and interest in and to the Work
          Product.
          For purposes hereof, “Work
          Product”
means
          all inventions, innovations, improvements, technical information, systems,
          software developments, methods, designs, analyses, drawings, reports, service
          marks, trademarks, trade names, logos and all similar or related information
          (whether patentable or unpatentable) which relates to any business conducted
          or
          proposed to be conducted by the Companies or the Subsidiaries as of the
          date
          hereof.

         

        Section
          10.13.  Binding
          Effect; Assignment.
          This
          Agreement shall not be assigned by any Member or the Companies, and neither
          any
          Member’s or the Companies’ obligations hereunder, or any of them, shall be
          delegated, without the consent of Parent. Subject to the preceding sentence,
          this Agreement shall be binding upon and inure to the benefit of the parties
          and
          their respective successors and assigns. Except as provided in Article
          IX,
          nothing in this Agreement shall create or be deemed to create any third
          party
          beneficiary rights in any person or entity not a party to this Agreement.
          

         

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

         

        Section
          10.15.  Headings.
          The
          section headings contained in this Agreement are inserted for convenience
          only
          and shall not affect in any way the meaning or interpretation of this
          Agreement.

         

        *
          *
          *

         

        Signatures
          on following page

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        CHANDLER
          CHICCO AGENCY, LLC      

        

        

        By /s/
          ROBERT CHANDLER______________

        Name:
          Robert Chandler

        Title:

        

        BIOSECTOR
          2 LLC      

        

        

        By /s/
          ROBERT CHANDLER______________

        Name:
          Robert Chandler

        Title:

        

        

        INVENTIV
          HEALTH, INC.

        

        

        By /s/
          DAVID BASSIN___________________

        Name:
          David Bassin

        Title:
          Chief Financial Officer

        

        CHANDLER
          CHICCO LLC

        

        

        By /s/
          DAVID BASSIN___________________

        Name:
          David Bassin

        Title:
          Vice President and Secretary

        

        MEMBERS:

        

        

        /s/
          ROBERT CHANDLER______________

        Name:
          Robert Chandler

        

        /s/
          GIACOMO F. CHICCO_____________

        Name:
          Giacomo F. Chicco

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