Document:

ASSET PURCHASE AGREEMENT

                                   DATED AS OF

                                  MAY 23, 2005

                                 BY AND BETWEEN

       CUSTOMERLINX OF NORTH CAROLINA, INC., A NORTH CAROLINA CORPORATION,

         E-COMMERCE SUPPORT CENTERS, INC., A NORTH CAROLINA CORPORATION,

                                       AND

      SCIENTIGO, INC. (F/K/A MARKET CENTRAL, INC.), A DELAWARE CORPORATION.

<PAGE>

                                    SCHEDULES

Schedule 2.1         -    List of Assets
Schedule 2.2(a)(ii)  -    Assumed Liabilities
Schedule 3.1         -    Jurisdictions of Incorporation and Qualification
Schedule 3.2         -    The Company's Third Party Consents
Schedule 3.6         -    Changes
Schedule 3.7         -    Claims
Schedule 3.8         -    Legal Compliance
Schedule 3.9         -    Leased Real Property
Schedule 3.10        -    Environmental Matters
Schedule 3.13        -    Employee, Sales Representative, Dealer and Distributor
Agreements
Schedule 3.14        -    Material Contracts
Schedule 3.15        -    Employee Benefit Plans; Employee Benefit Plan Matters
Schedule 3.16        -    Insurance
Schedule 3.17        -    Product Matters and Liabilities
Schedule 3.18(b)     -    Financial Statements
Schedule 6.4         -    Employees to be Terminated

                                    EXHIBITS

Exhibit 2.2(d)       -    Promissory Note
Exhibit 2.2(e)       -    Security Agreement
Exhibit 6.6(a)       -    Seller's Noncompetition Agreement
Exhibit 6.6(b)       -    MKTE Noncompetition Agreement
Exhibit 7.1(e)       -    Bill of Sale
Exhibit 7.1(m)       -    Opinion of Seller's Counsel

<PAGE>

                            ASSET PURCHASE AGREEMENT

         THIS ASSET PURCHASE AGREEMENT (this "Agreement") is made and entered
into as of the 23rd day of May, 2005, by and between Customerlinx of North
Carolina, Inc., a North Carolina corporation ("Purchaser"), E-Commerce Support
Centers, Inc., a North Carolina corporation ("Seller" or "Company"), Scientigo,
Inc., a Delaware corporation formerly known as Market Central, Inc. ("MKTE"),
and Customerlinx Corp., a Delaware corporation ("Customerlinx").

                                    RECITALS

         WHEREAS,  Seller,  with its principal executive offices located at 7810
Ballantyne Commons Parkway,  Suite 300,  Charlotte,  NC 28277, is engaged in the
business of a contact call center and related services (the "Business");

         WHEREAS, MKTE owns all of the issued and outstanding capital stock of
Seller;

         WHEREAS, Customerlinx owns all of the issued and outstanding stock of
Purchaser; and

         WHEREAS, Seller desires to sell, and Purchaser desires to purchase, all
of the assets,  tangible and intangible,  real, personal,  or mixed, used and/or
held for use in the  operation of the Business (the  "Assets"),  except for cash
and accounts  receivable.  The Assets  shall  include  such  contracts,  leases,
service agreements,  vendor agreements,  employment agreements,  websites, URLs,
intellectual   property,   and  other   agreements  of  the  Seller   reasonably
satisfactory to Purchaser.  Except as provided herein, all of the Assets will be
sold to Purchaser  free and clear of all Liens,  on the terms and subject to the
conditions set forth in this Agreement.

         NOW, THEREFORE,  in consideration of the  representations,  warranties,
covenants, agreements,  conditions, and indemnities contained in this Agreement,
and intending to be legally bound, the parties agree as follows:

                                   ARTICLE 1.
                                   DEFINITIONS

1.1 CERTAIN DEFINITIONS. As used in this Agreement, the following terms shall
have the respective meanings ascribed to them in this Section 1.1.

(a) "Accounts  Receivable"  means all amounts due from account debtors of Seller
for services or material sold by Seller or its  Affiliates and invoiced prior to
the Closing.

(b) "Acquisition  Proposal" means any proposal or offer, other than by Purchaser
or any of its  Affiliates,  for a merger,  exchange of capital  stock,  or other
business  combination  involving  the Company or the Business or any proposal or
offer to acquire in any manner a substantial  equity  interest in the Company or
any of the assets of the  Company  or the  Business  other than in the  ordinary
course of business consistent with past practices.

(c) "Additional Purchase Price" has the meaning specified in Section 2.2(g).

(d) "Adverse  Consequences"  means all actions,  suits,  proceedings,  hearings,
investigations,  charges, complaints,  claims, demands, injunctions,  judgments,

<PAGE>

orders,  decrees,  damages,  diminution  of value,  penalties,  amounts  paid in
settlement  and all other fees,  costs,  and expenses,  including (in each case)
court  costs and  reasonable  costs of  investigation  and  attorneys'  fees and
expenses.

(e)   "Affiliate"  of  any  Person  means  any  Person  directly  or  indirectly
controlling,  controlled by, or under common control with such Person or related
by blood, marriage, or adoption to such Person.

(f)  "Agreement"  has the meaning  specified  in the initial  paragraph  of this
Agreement.

(g)  "Allocable  Corporate  Expenses"  means  the  pro-rata  share of  overhead,
administrative,  and other indirect  costs of Purchaser and its Affiliates  that
are  allocable  to  Purchaser's   operations  in  North  Carolina   pursuant  to
Customerlinx's accounting methods for allocating such indirect costs.

(h) "Ancillary Fees" means sales and use taxes, postage, freight,  printing, and
related materials and services.

(i)  "Assignment"  means any agreement or  instrument  effecting the transfer or
assignment of an agreement or Asset to Purchaser.

(j) "Assumed  Liabilities"  shall be those  liabilities of Seller  enumerated in
Schedule 2.2(a)(ii), including the Lien of Porter Capital, Inc.

(k)  "Authority"  means  any  federal,   state,   local,  or  foreign  court  or
governmental or regulatory agency or authority.

(l) "Assets" has the meaning  specified in the recitals of this Agreement and as
enumerated in Schedule 2.1.

(m) "Base Price" has the meaning specified in Section 2.2(a).

(n) "Business" has the meaning specified in the recitals of this Agreement.

(o) "Claim" has the meaning specified in Section 8.2(a).

(p) "Closing" has the meaning specified in Section 2.3(a).

(q) "Closing Date" has the meaning specified in Section 2.3(a).

(r) "COBRA" means the Consolidated Omnibus Budget Reconciliation Act of 1985, as
amended.

(s) "Code" means the Internal Revenue Code of 1986, as amended.

(t)  "Company"  has the  meaning  specified  in the  initial  paragraph  of this
Agreement.

(u) "Company  Indebtedness" means the Company's liability for borrowed money and
all fees and expenses  relating  thereto,  including  any early  termination  or
prepayment fees.

<PAGE>

(v) "Computer  Software"  means the detailed  instructions to operate a computer
and the  instructions  given to a computer in order for the  computer to perform
certain tasks.

(w) "Confidential Information" has the meaning specified in Section 10.1.

(x)  "Customerlinx"  has the meaning  specified in the initial paragraph of this
Agreement.

(y) "Deferred Amount" has the meaning set forth in Section 2.2(b).

(z)  "Employee"  means any  individual  currently or in the past employed by the
Company.

(aa) "Employee Benefit Plan" means any (i) nonqualified pension, profit sharing,
deferred  compensation,   stock  purchase,  stock  option,   incentive,   bonus,
severance,  retirement, or other type of employee benefit plan, program, policy,
or arrangement  whether or not an Employee Pension Benefit Plan; (ii) retirement
plan or arrangement  which is an Employee  Pension  Benefit Plan  (including any
Multiemployer  Plan);  or (iii) Employee  Welfare Benefit Plan or fringe benefit
plan, program or arrangement.

(bb) "Employee  Pension Benefit Plan" has the meaning  specified in Section 3(2)
of ERISA.

(cc) "Employee  Welfare Benefit Plan" has the meaning  specified in Section 3(1)
of ERISA.

(dd)  "Environmental  Laws" means all  federal,  state,  local,  or foreign laws
(including rules, regulations, codes, plans, ordinances, injunctions, judgments,
orders,  decrees,  rulings, and charges of any Authority thereunder)  concerning
pollution  or  protection  of the  environment,  wildlife,  or human  health and
safety,  including  laws relating to (i)  emissions,  discharges,  releases,  or
threatened  releases of pollutants,  petroleum or its byproducts or derivatives,
contaminants, or chemical,  industrial,  hazardous, or toxic materials or wastes
into  ambient air,  surface  water,  ground  water,  or lands or (ii)  otherwise
relating  to  the  generation,  manufacture,   processing,   distribution,  use,
treatment,  holding,  storage,  disposal,  transport, or handling of pollutants,
petroleum  or  its  byproducts  or   derivatives,   contaminants   or  chemical,
industrial, hazardous, or toxic materials or wastes.

(ee)  "ERISA"  means the Employee  Retirement  Income  Security Act of 1974,  as
amended.

(ff) "Financial Statement" or "Financial  Statements" have the meaning specified
in Section 3.18.

(gg) "GAAP" means generally accepted accounting  principles in the United States
as in effect from time to time as it relates to financial statement presentation
and  accounting  policies  but not all related and  required  footnotes  to such
financial statements.

(hh) "Hazardous  Substance Release" means any emission,  discharge,  release, or
threatened  release into ambient air,  surface water,  ground water, or lands of
any  pollutant,  petroleum or its  byproducts or  derivatives,  contaminant,  or
chemical,  industrial,  hazardous,  or toxic material, or waste, including those
identified or defined in any Environmental Law.

(ii) "Indemnified Party" has the meaning specified in Section 8.2(a).

<PAGE>

(jj) "Indemnifying Party" has the meaning specified in Section 8.2(a).

(kk)  "Intellectual  Property" means (i) 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,  and  statutory  invention   registrations;   (ii)  all
trademarks, service marks, trade dress, logos, trade names, corporate names, and
domain  names,  together  with  all  abbreviations,  translations,  adaptations,
derivations,  and  combinations  thereof and including  all goodwill  associated
therewith,  and all  applications,  registrations  and  renewals  in  connection
therewith;  (iii) all copyrightable works, all copyrights, and all applications,
registrations, and renewals in connection therewith; (iv) all mask works and all
applications, registrations, and renewals in connection therewith; (v) all trade
secrets and confidential  business  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);  (vi) all software  (including data and related
documentation);  (vii) all other proprietary  rights;  and (viii) all copies and
tangible embodiments thereof (in whatever form or medium).

(ll) "Intellectual Property Right" has the meaning set forth in Section 8.1(c).

(mm)  "Knowledge  of Company"  or  "Knowledge  of the  Seller"  means the actual
knowledge of Company (Seller) and Doyal Bryant in each case after review of each
such  Person's  own  files  and  inquiry  of those  Employees  who have  primary
responsibility for the specific matter at issue.

(nn) "Leased Real Property" has the meaning specified in Section 3.9(b).

(oo)  "Leased  Real  Property  Assignment"  has the meaning set forth in Section
7.1(n).

(pp) "Liability" means any liability (whether known or unknown, whether asserted
or unasserted,  whether  absolute or contingent,  whether  accrued or unaccrued,
whether liquidated or unliquidated or whether due or to become due).

(qq) "Lien" means any lien, charge, claim,  security interest,  conditional sale
agreement,  mortgage,  indenture,  deed of trust,  security  agreement,  pledge,
hypothecation, option, restriction, condition, or other encumbrance or defect of
title of any kind or nature.

(rr) "Management Fees" has the meaning set forth in Section 2.2(b).

(ss)  "Material  Adverse  Effect"  means a  material  adverse  effect  upon  the
business, financial condition, results of operations,  prospects, or earnings of
the Company or the Business.

(tt) "Material Contracts" has the meaning specified in Section 3.14.

(uu)  "MKTE"  has  the  meaning  specified  in the  initial  paragraph  of  this
Agreement.

(vv) "MKTE Noncompetition Agreement" has the meaning specified in Section 6.6.

<PAGE>

(ww) "Multiemployer Plan" has the meaning specified in Section 3(37) of ERISA.

(xx) "Note" has the meaning set forth in Section 2.2(d).

(yy) "Person" means an  individual,  a  corporation,  a  partnership,  a limited
liability company, an association,  an Authority,  a trust, or any other entity,
association, or organization.

(zz)  "Pre-Closing  Period"  means the  period  beginning  364 days prior to the
Closing Date and ending on the Closing Date.

(aaa) "Prorated Lease Expenses" has the meaning set forth in Section 6.10.

(bbb) "Purchase Price" has the meaning set forth in Section 2.2(a).

(ccc)  "Purchaser"  has the meaning  specified in the initial  paragraph of this
Agreement.

(ddd)  "Purchaser  Guaranteed  Obligations" has the meaning set forth in Section
10.14(b).

(eee) "Rebate Obligations" has the meaning set forth in Section 3.17.

(fff)  "Retained  Liabilities"  means any  Liability  of Company or the Business
other than the Assumed Liabilities.

(ggg) "Security Agreement" has the meaning set forth in Section 2.2(e).

(hhh)  "Seller"  has the  meaning  specified  in the initial  paragraph  of this
Agreement.

(iii)  "Seller  Guaranteed  Obligations"  has the  meaning  set forth in Section
10.14(a).

(jjj) "Seller  Noncompetition  Agreement"  has the meaning  specified in Section
6.6.

(kkk) "Senior Indebtedness" has the meaning set forth in Section 2.2(f).

(lll)  "Taxes"  means all  federal,  state,  local,  or  foreign  income,  gross
receipts,  license,  employment,   payroll,  withholding,   severance,  premium,
disability,  excise,  value-added,  accumulated earnings,  net worth,  alternate
minimum, estimated, sales, use, transfer, real estate,  environmental (including
taxes under Code ss.59A),  personal  property,  use and occupancy,  business and
occupation,  maritime,  mercantile, tariff, duty, capital stock, franchise, gift
or estate, or other tax or fee of any kind,  character,  nature, or description,
including interest, penalties, and deficiencies thereon and estimates thereof.

(mmm) "2005 Income Statement" has the meaning set forth in Section 2.2(g).

<PAGE>

                                    ARTICLE 2.
                                 THE TRANSACTION

2.1 SALE, PURCHASE, AND TRANSFER OF ASSETS. At the Closing,  Company shall sell,
transfer,  and  deliver  or cause  to be sold,  transferred,  and  delivered  to
Purchaser,  and Purchaser  shall  purchase and accept from  Company,  the Assets
enumerated on Schedule 2.1, free and clear of all Liens,  except for the Lien of
Porter Capital, Inc., upon the terms, conditions, and provisions and in reliance
upon  the  covenants,  agreements,  written  representations,   warranties,  and
indemnities  of  Purchaser  (in the case of Company) and Company (in the case of
Purchaser) set forth in this Agreement.

2.2      PURCHASE PRICE.

(a) Subject to  adjustment  as provided  herein,  the  "Purchase  Price" for the
Assets shall be all of the following: (i) $1,100,000.00 (the "Base Price"); (ii)
the  Assumed  Liabilities  enumerated  in  Schedule  2.2(a)(ii);  and  (iii) the
Additional Purchase Price set forth in Section 2.2(g).

(b) The parties agree and acknowledge that, (i) as of the Closing Date, there is
$129,000.00  in  management  fees owed and  unpaid  by  Seller  to  Customerlinx
pursuant to the  Management  Agreement  between  Company and  Customerlinx  (the
"Management Fees"), (ii) in recognition of such outstanding amount,  Purchaser's
obligation to pay Seller the Base Price is hereby  reduced to  $971,000.00  (the
"Deferred Amount"), and (iii) the aggregate amount of such Management Fees shall
be  deemed  paid  by  Seller  as of the  Closing  Date in  satisfaction  of such
Management Fees.

(c) The Purchaser shall assume and pay the Assumed Liabilities.

(d) To  evidence  Purchaser's  obligation  to pay  Seller the  Deferred  Amount,
Purchaser  shall  deliver to Seller at the Closing a promissory  note,  the form
which is attached hereto as Exhibit 2.2(d) (the "Note"),  made payable to Seller
in the principal amount of the Deferred Amount,  payable in monthly installments
of $25,000.00,  plus simple interest on the unpaid principal sum accruing at the
rate of five  percent  (5%) per annum  from the date of the Note,  with  payment
commencing on the first day of the calendar month  immediately after the Closing
and continuing  thereafter on the first day of each  consecutive  calendar month
thereafter until the Deferred Amount is paid in full.  Accrued interest shall be
due and payable together with the final principal payment, but in no event later
than the maturity date of the Note.  There will be no  prepayment  penalty under
the Note and Purchaser may pre-pay all indebtedness  (including the Note) due to
Seller.  The  parties  agree and  acknowledge  that the  Deferred  Amount may be
reduced  pursuant to Section  6.9, and that the sums  otherwise  owing under the
Note shall be reduced and deemed paid in a like amount of any such reduction.

(e) To secure the faithful performance of Purchaser under the terms of the Note,
subject to the  further  provisions  of Section  2.2(f),  Purchaser  shall grant
Seller a security interest on certain assets of Purchaser  pursuant to the terms
of a security agreement,  the form of which is attached hereto as Exhibit 2.2(e)
(the "Security Agreement").

(f) Seller  expressly  agrees that the lien and/or security  interest granted by
the Note and/or the Security  Agreement  shall be expressly  subordinated to any
lien and/or security interest granted to secure any and all future indebtedness,

<PAGE>

obligations,  or liabilities of Purchaser or Customerlinx  (including any future
interest accruing  thereon,  "Senior  Indebtedness") to any corporate  financing
source to which Purchaser and/or Customerlinx is the primary obligor, including,
but not  limited to, a  commercial  bank,  investment  bank,  private  equity or
venture capital fund, or hedge fund (each, a "Bank"),  provided that such Senior
Indebtedness shall in no event exceed  $3,000,000.00 in the aggregate  principal
amount;  provided,  that, if (but for the foregoing aggregate dollar limitation)
any Senior  Indebtedness  would  exceed such  aggregate  limitation,  then,  for
purposes of determining  which  indebtedness  constitutes  Senior  Indebtedness,
priority  with  regard  to the  designation  of  Senior  Indebtedness  shall  be
determined  on a  chronological  basis  (based on the date the  indebtedness  is
incurred).  Seller will fully  cooperate in each case of such  subordination  of
Seller's  security interest and will promptly execute and deliver any agreements
and documents  required by a Bank to memorialize  Seller's  subordination of its
security interest.  Under no circumstances will the foregoing provisions of this
Section 2.2(f) excuse the timely  performance of Purchaser's and  Customerlinx's
obligations under the terms of this Agreement and the Note, including the timely
payment of the Deferred  Amount.  Also, to qualify as Senior  Indebtedness,  the
Bank must advance funds to Purchaser or Customerlinx after the Closing.

(g) In the event that there is any Deferred Amount  outstanding on May 31, 2006,
then on or  before  July 31,  2006,  Purchaser  shall  pay to  Seller in cash an
amount, if any (the "Additional  Purchase Price"),  equal to (I) 0.75 multiplied
by (II) the amount by which (A) the net  income  (which  calculation  shall only
include expenses directly  attributable to Purchaser's operation of the Business
in North Carolina and Allocable  Corporate  Expenses)  that Purchaser  generates
from its operation of the Business in North Carolina during the 12 months ending
May 31, 2006 (i.e., the period  commencing June 1, 2005 and ending May 31, 2006)
exceeds  (B) the  greater of (i) zero or (ii) the net  income or loss  generated
from  the  operation  of the  Business  in North  Carolina  by the  Company  and
Purchaser  in the  calendar  year ending  December  31,  2005.  For  purposes of
illustration  only, if the net income for the calendar  year ended  December 31,
2005 was  $100,000,  and the net  income for the 12 months  ending May 31,  2006
(i.e., the period commencing June 1, 2005 and ending May 31, 2006) is determined
to be $150,000,  then on or before July 31, 2006,  Purchaser shall pay to Seller
in cash the amount of $37,500 as  Additional  Purchase  Price.  Purchaser  shall
prepare (with the  cooperation  of Seller and MKTE) an income  statement for the
operation  of the  Business  in North  Carolina  as of  December  31,  2005,  in
accordance with GAAP  consistently  applied and based upon the books and records
of the  Business  (the  "2005  Income  Statement").  A copy of the  2005  Income
Statement  shall be delivered to Seller and MKTE on or before February 28, 2006.
The 2005 Income Statement shall be the basis of the initial  calculations  under
this Section  2.2(g).  Following the Closing,  consistent with the terms of this
Section  2.2(g),   Purchaser  shall  prepare  the  income  statements  used  for
subsequent calculations.

(h) After the Closing, the balance of the Deferred Amount remaining due shall be
automatically   due  and  payable  in  full,  with  all   installment   payments
accelerated,  in the event that (i)  Purchaser  sells  substantially  all of its
assets to another entity, (ii) Purchaser sells, transfers, or absolutely assigns
more than fifty  percent  (50%) of its equity  securities  to another  entity or
individual(s)  in one or  related  transactions,  (iii)  Purchaser  merges  with
another entity whereby  Purchaser is not the surviving entity in the merger,  or
(iv) Purchaser  surrenders  control of its assets or business to another entity,
in each of the above  circumstance,  other  than to or with (as  applicable)  an
Affiliate of Purchaser.

<PAGE>

(i) After the Closing and as long as any of the  Deferred  Payment  shall remain
due and owing, MKTE shall be entitled to receive  non-extraordinary  call center
services  from  Purchaser  at the rate of $15 per hour,  the  provision of which
services (1) shall be  performed by  Purchaser's  entry-level  customer  service
representatives,  (2) shall include only  in-bound  telemarketing  calling,  (3)
shall be  provided  only on a "space  available"  basis,  (4) shall not  require
Purchaser  to (and  Purchaser  shall not) incur any  out-of-pocket  expenses for
telephone  or  technology  charges or  upgrades,  and (5) shall not include (and
Purchaser shall not provide) customer  interfacing (e.g.,  contract  management,
the payment of sales  commissions,  and  billing),  which the parties  agree and
acknowledge is and shall remain the sole responsibility of MKTE.

2.3      THE CLOSING.

(a) The Closing;  the Closing Date; Location of the Closing.  The closing of the
sale and purchase of the Assets and the  consummation of the other  transactions
contemplated  hereunder (the "Closing") shall take place at 11:00 a.m.,  Eastern
Time,  on May 31, 2005,  or at such other time or on such other date as mutually
agreed upon by the parties to this Agreement (the "Closing Date") at the offices
of Thompson Hine LLP, Suite 800, 1920 N Street,  N.W.,  Washington,  D.C., or at
such other place as may be mutually agreed upon by the parties to this Agreement
and may be completed by facsimile transmission in accordance with the provisions
of Section 10.13. All transactions  which are to take place at the Closing shall
be  considered  to have taken place  simultaneously,  and no delivery or payment
shall be  considered  to have been made  until  all the  transactions  have been
completed.

(b) Form of Payment.  All monetary  amounts  payable  pursuant to this Agreement
shall be paid by wire transfer or delivery of other immediately available United
States  funds;  provided,  that  payments in respect of the Note will be made in
accordance with Section 2.2(d) and the Note.

(c)  Deliveries  at the Closing.  At the Closing,  (i) Company shall deliver the
various certificates,  instruments, opinions, documents, or items referred to in
this Agreement,  including Section 7.1, (ii) Purchaser shall deliver the various
certificates, estoppel certificates, instruments, opinions, documents, or items,
and the payments  referred to in this  Agreement,  including  Section 7.2, (iii)
Company and Purchaser shall deliver such other documents as reasonably requested
by Purchaser,  and (iv) Company shall deliver possession of all of the Assets to
Purchaser.

                                    ARTICLE 3.
                         REPRESENTATIONS AND WARRANTIES
                                   OF COMPANY

Company and MKTE represent and warrant to Purchaser as follows:

3.1 ORGANIZATION, QUALIFICATION AND CORPORATE POWER. Each of Company and MKTE is
a corporation duly organized,  validly existing,  and in good standing under the
laws of its state of  incorporation.  Each of Company and MKTE is duly qualified
to do business as a foreign  corporation  and is in good standing under the laws
of each  jurisdiction  in which either the  ownership  or use of its  respective

<PAGE>

assets, or the nature of its respective activities, requires such qualification.
The state of incorporation of the Company and each state in which the Company is
qualified to do business as a foreign corporation are set forth on Schedule 3.1.
Each of Company and MKTE has full corporate  power and authority to carry on the
business  in which it is engaged  and to own and use the  assets and  properties
owned and used by it.  Neither  of Company  nor MKTE is in  default  under or in
violation  of any  provision  of  its  respective  Articles  or  Certificate  of
incorporation or bylaws, in each case as amended.

3.2  AUTHORITY AND  ENFORCEABILITY.  Each of Company and MKTE has full power and
authority to execute,  deliver,  and perform this Agreement.  This Agreement has
been duly  executed and delivered by each of Company and MKTE,  and  constitutes
the  valid  and  legally  binding  obligation  of  each  of  Company  and  MKTE,
enforceable  against it in  accordance  with its  terms.  Except as set forth on
Schedule 3.2,  neither  Company nor MKTE is required to give any notice to, make
any filing  with,  or obtain any  authorization,  consent,  or  approval  of any
Authority  or Person in order for the  parties to  consummate  the  transactions
contemplated by this Agreement.

3.3  NONCONTRAVENTION.  The  execution  or  delivery of this  Agreement  (or the
consummation of the  transactions  contemplated by this Agreement) will not: (a)
violate any law, constitution,  code, statute, or ordinance,  or any regulation,
rule, injunction,  plea agreement,  judgment,  order, decree, ruling, charge, or
other  restriction  of any  Authority,  in each case to which the Company and/or
MKTE, or any of their  respective  assets  and/or  businesses,  is subject;  (b)
violate any provision of the articles of incorporation or bylaws, as amended, or
any resolution  adopted by the board of directors or shareholders of the Company
or MKTE;  or (c)  conflict  with,  result in a breach of,  constitute  a default
under,  result in the  acceleration of, give any Person the right to accelerate,
terminate,  modify or  cancel,  or  require  any notice  under,  any  agreement,
license, permit,  authorization,  instrument,  or other arrangement to which the
Company  or MKTE is a party or by which the  Company is bound or to which any of
the assets or properties of the Company and/or the Assets are subject (or result
in the imposition of any Lien upon any of such assets and/or the Assets).

3.4      SUBSIDIARIES.  The Company has no subsidiaries.

3.5 TITLE AND POSSESSION TO ASSETS.  Except as noted on Schedule 2.1, Company is
and always has been in sole and exclusive  possession and the sole and exclusive
owner of the Assets,  free and clear of any  restrictions  on  transfer,  Taxes,
Liens, purchase rights, contracts,  commitments,  equities,  claims, or demands.
Upon  and  immediately  after  the  Closing,  Purchaser  shall  be the  sole and
exclusive record and beneficial  holder and owner of the Assets,  free and clear
of any  restrictions on transfer,  Taxes,  Liens,  purchase  rights,  contracts,
commitments,  equities,  claims,  or  demands,  except  for the  Lien of  Porter
Capital, Inc. described on Schedule 2.1.

3.6 ABSENCE OF CHANGE.  Except as set forth on Schedule  3.6,  since  August 31,
2004, there has been no event or occurrence which has caused or could reasonably
be expected to cause a Material Adverse Effect. Since August 31, 2004, except as
disclosed in Schedule 3.6, there has not been any:

<PAGE>

(a) Sale, lease,  transfer, or assignment by the Company of any of its assets or
properties, other than for fair consideration in the ordinary course of business
consistent with past practice;

(b)  Agreement,  lease,  license,  or other  arrangement  (or  series of related
agreements, leases, licenses, or other arrangements) entered into by the Company
either  involving more than $5,000.00 or which is outside the ordinary course of
business consistent with past practice;

(c)  Acceleration,  termination,  modification,  or  cancellation  by any Person
(including the Company) of any agreement,  lease,  license, or other arrangement
(or  series of  related  agreements,  leases,  licenses  or other  arrangements)
involving  more than $5,000.00 to which the Company is a party or by which it is
bound;

(d) Lien imposed upon any of the assets or properties of the Company;

(e) Capital expenditure (or series of related capital  expenditures) made by the
Company  either  involving  more than $5,000.00 or which is outside the ordinary
course of business consistent with past practice;

(f) Capital contribution to or investment in, any loan to, or any acquisition of
the securities or assets of, any other Person (or series of related investments,
loans, or acquisitions) by the Company;

(g) Note,  bond, or other debt security issued or any  indebtedness for borrowed
money or capitalized lease obligation created, incurred,  assumed, or guaranteed
by the Company;

(h)  Cancellation,  compromise,  waiver,  or  release  of any right or claim (or
series of related  rights or claims) by the Company  either  involving more than
$5,000.00 or which is outside the ordinary  course of business  consistent  with
past practice;

(i)  Disposition  by the  Company of or failure to keep in effect any rights in,
to, or for the use of any Intellectual Property;

(j) Change made to, or authorized  to be made to, the articles of  incorporation
or bylaws of the Company;

(k) Loan or other  transaction  between the  Company  and any of its  directors,
officers,  or Employees,  as applicable;  (l) Employment,  collective bargaining
agreement,  consulting,  or other  arrangement for services  entered into by the
Company, or any termination,  modification,  or cancellation of the terms of any
such existing agreement;

(m) Payment of bonus  compensation  to any of the  directors  or officers of the
Company  or any of the  Employees  which is outside  of the  ordinary  course of
business consistent with past practice;

<PAGE>

(n) Adoption of,  amendment or  modification  to, or termination of any Employee
Benefit  Plan or other  plan,  agreement,  commitment,  or  arrangement  for the
benefit  of  any of the  directors  or  officers  of the  Company  or any of the
Employees;

(o) Change by the Company in its accounting methods, principles, or practices;

(p) Tax  election  which is outside the ordinary  course of business  consistent
with past practice;

(q)  Charitable  pledge or  contribution  by the Company which is outside of the
ordinary course of business consistent with past practice; or

(r) Other material occurrence,  event, incident, action, failure to take action,
or transaction  involving the Company which is outside of the ordinary course of
business  consistent  with  past  practice  or  which  has had or is  reasonably
expected to have a Material Adverse Effect.

3.7 CLAIMS.  Except as set forth on Schedule 3.7, (a) there are no, and have not
previously  been, any actions,  suits,  proceedings,  hearings,  investigations,
charges,  complaints,  claims,  or  demands of any kind  pending  or  threatened
against or affecting  the Company or the  Assets;(b)  there are no  injunctions,
judgments,  orders,  or  decrees of any kind  which are  outstanding  against or
unsatisfied  by the  Company;  and (c) the Company is not charged or  threatened
with,  or under  investigation  with  respect to, any alleged  violation  of any
provision  of  any  law,  constitution,  code,  statute  or  ordinance,  or  any
regulation,  rule, injunction,  judgment, order, decree, ruling, charge or other
restriction of any Authority relating to the Company,  the Assets, or any aspect
of the Business.

3.8 LEGAL  COMPLIANCE.  Except as set forth on  Schedule  3.8,  and  except  for
environmental  matters which shall be governed by Section 3.10,  (a) the Company
has complied  with all  applicable  laws,  constitutions,  codes,  statutes,  or
ordinances, and all regulations, rules, injunctions, judgments, orders, decrees,
rulings, charges, or other restrictions of all Authorities;  and (b) the Company
has   obtained   all   franchises,   approvals,   permits,   licenses,   orders,
registrations,  certificates,  variances,  or similar rights required to conduct
the Business  and own and operate the Assets,  and such  franchises,  approvals,
permits, licenses, orders,  registrations,  certificates,  variances, or similar
rights  are  current  and  have  not  been  revoked,  suspended,   canceled,  or
terminated.

3.9      REAL PROPERTY.

(a) The Company does not own any real property.

(b) Set forth on Schedule 3.9 is a list of all real property leased or subleased
to or by the Company  (the  "Leased  Real  Property").  Correct,  accurate,  and
complete  copies of the leases and  subleases  associated  with the Leased  Real
Property, as amended to date, are attached to Schedule 3.9. With respect to each
lease or  sublease  for the  Leased  Real  Property,  along  with  each  related
Assignment and Estoppel Certificate:

         (i) The lease or sublease is legal, valid, binding, enforceable, and in
full force and effect and will continue to be legal, valid, binding, enforceable

<PAGE>

and in full force and effect on identical terms following the consummation of
the transactions contemplated by this Agreement;

         (ii) No party to the lease or sublease is in breach or default, and no
event has occurred which, with notice or lapse of time, would constitute a
breach or default or permit termination, modification, or acceleration
thereunder, except that there is a rent arrearage of $49,852.40 due to the
lessor of 1605 Gum Branch Road, Jacksonville, NC, which Seller will pay
(including any penalty or other charge payable in respect of such delinquency)
on or before the Closing;

         (iii) No party to the lease or sublease has repudiated any provision
thereof and there are no disputes, oral agreements, or forbearance programs in
effect as to the lease or sublease;

         (iv) With respect to each sublease, the representations and warranties
set forth in Section 3.9(b)(i)-(iii) are true and correct with respect to the
underlying lease; and

         (v) The Company has not assigned, transferred, conveyed, mortgaged,
deeded in trust, imposed a Lien on, or encumbered any interest in the leasehold
or subleasehold.

3.10  ENVIRONMENTAL  MATTERS.  Except as set  forth on  Schedule  3.10,  (a) the
Company has to the best of its knowledge,  complied with the Environmental  Laws
in all respects (and no notice,  citation,  summons,  charge,  or order has been
issued,  no  complaint  has been  filed,  no penalty has been  assessed,  and no
action,  suit,  proceeding,  hearing,  investigation,  or review is  pending  or
threatened  by any  Authority  against the Company  alleging any such failure to
comply);  (b) the Company has  obtained and been in  compliance  with all of the
terms  and  conditions  of  all  licenses,  permits,  certificates,   approvals,
authorizations,  and  registrations  which are required under the  Environmental
Laws;  (c) the  Company  has  complied  in all  respects  with all  limitations,
restrictions,  conditions, standards, prohibitions,  requirements,  obligations,
schedules, and timetables which are contained in the Environmental Laws; and (d)
no  Hazardous  Substance  Release is  occurring  on or at any of the Leased Real
Property,  and no Hazardous  Substance Release has occurred in the past on or at
any real property  occupied,  leased,  owned,  or used by the Company and/or its
successors-in-interest   (including,   without   limitation,   the  Leased  Real
Property).

3.11 TANGIBLE  ASSETS;  CONDITION OF TANGIBLE  ASSETS.  The Assets  described on
Schedule 2.1 constitute all of the tangible and intangible assets, including all
machinery,  equipment,  fixtures, furniture, supplies, and Intellectual Property
owned,  leased,  or  licensed  by,  in the  possession  of,  held for use in the
Business,  or used by the  Company.  The tangible  assets are in good  operating
condition and repair (subject to normal wear and tear), and are suitable for the
purposes  for which they are  presently  used,  and  contain no patent or latent
defects.  None of the Assets  violates the  intellectual  property rights of any
other Person.

3.12 TITLE TO ASSETS.  Except as noted on Schedule 2.1, the Company has good and
marketable  title to, or a valid leasehold or license  interest in, all tangible
and intangible assets and properties of every kind,  character,  and description
used  by the  Company,  located  on the  Company's  premises,  possessed  by the
Company, shown on the Financial Statements, or acquired,  leased, or licensed by

<PAGE>

the Company  after the date of the Financial  Statements,  free and clear of all
Liens,  except for  Inventory  disposed  of in the  ordinary  course of business
consistent with past practice since the Financial Statements.

3.13  AGREEMENTS   WITH   EMPLOYEES,   SALES   REPRESENTATIVES,   DEALERS,   AND
DISTRIBUTORS.  Except as set forth on Schedule  3.13, the Company is not a party
to any  contract or  agreement  with any Person  under  which such other  Person
serves as an Employee or a  consultant  to the Company or the Business or serves
as sales agent, representative, dealer, or distributor of any of the products or
services  of the  Company  or the  Business,  and which by its  terms  cannot be
terminated at-will or on not more than 30 days' prior notice, and there has been
no change in the rate of  compensation  paid or payable to any such Person since
October 1, 2004.

3.14     MATERIAL CONTRACTS.

(a) Set forth on Schedule  3.14 is a list of the  following  contracts and other
agreements,  including any  subsequent  Assignments  relating  thereto,  whether
written or oral,  to which the Company is a party  (collectively,  the "Material
Contracts"):

         (i) Any agreement (or group of related agreements) for the lease of
personal property to or from any Person providing for lease payments in excess
of $5,000.00;

         (ii) Any agreement (or group of related agreements) for the purchase or
sale of Inventory, commodities, supplies, products, or other personal property,
or for the furnishing or receipt of services, the performance of which will
extend over a period of more than 1 year, result in a loss to the Company, or
involve consideration in excess of $5,000.00;

         (iii) Any agreement concerning a partnership, joint venture, or other
business arrangement with any Person;

         (iv) Any agreement (or group of related agreements) under which any
indebtedness for borrowed money or capitalized lease obligation has been
created, incurred, assumed, or guaranteed;

         (v) Any agreement (or group of related agreements) pursuant to which
any Lien has been granted or imposed on any assets or properties of the Company;

         (vi) Any agreement concerning noncompetition, noninterference,
nondisclosure, or confidentiality;

         (vii) Any agreement between Company and any Affiliate of Company;

         (viii) Any Employee Benefit Plan or other plan, contract, commitment,
or arrangement for the benefit of the Company's current or former directors,
officers, or Employees;

         (ix) Any collective bargaining agreement or other labor agreement;

<PAGE>

         (x) Any agreement for the employment of any individual on a full-time,
part-time, consulting, or other basis or providing for severance benefits or
payments of any kind upon termination of employment of any individual;

         (xi) Any agreement under which the Company has advanced or loaned any
amount to any of its current or former directors, officers, or Employees;

         (xii) Any agreement under which the consequences of a default or
termination could have a Material Adverse Effect;

         (xiii) Any other agreement (or group of related agreements) the
performance of which involves consideration in excess of $5,000.00;

         (xiv) Any agreement (or group of related agreements) that that is
affected by a sale of all or substantially all of the assets of Company; or

         (xv) Assignment documenting that all parties to a Material Contract
consent to the assignment thereof to Purchaser.

(b) Company has delivered or made  available to Purchaser a correct and complete
copy of each  written  Material  Contract,  as  amended  to date,  and a written
summary  setting forth the terms and conditions of each oral Material  Contract.
With respect to each  Material  Contract:  (i) the  Material  Contract is legal,
valid,  binding, and enforceable and in full force and effect; (ii) the Material
Contract will continue to be legal,  valid,  binding,  enforceable,  and in full
force  and  effect  on  identical  terms  following  the   consummation  of  the
transactions contemplated hereby; (iii) no party is in breach or default, and no
event has occurred which with notice or lapse of time would  constitute a breach
or default,  or permit  termination,  modification,  or acceleration,  under the
Material  Contract;  and (iv) no Person  has  repudiated  any  provision  of the
Material Contract.

3.15     EMPLOYEE BENEFIT PLANS.

(a) Set forth on  Schedule  3.15 is a true and  complete  list of each  Employee
Benefit Plan  providing  benefits to any  Employee,  retiree,  former  Employee,
director, or consultant of the Company or any of their dependents,  survivors or
beneficiaries  to  which  the  Company  is  a  party,  which  is  maintained  or
contributed to by the Company,  or with respect to which the Company could incur
material  liability under Sections 4069, 4201 or 4212(c) of ERISA. Each Employee
Benefit Plan complies in form and in operation in all material respects with the
applicable requirements of ERISA, COBRA, the Code and any other applicable laws,
statutes,  constitutions,  or  ordinances,  and  rules  or  regulations  of  all
Authorities. No payment that is owed or may become due to any officer, director,
or agent of the Company or any Employee will be non-deductible to the Company or
subject to any Taxes under  Sections 280G or 4999 of the Code. The Company shall
not be required to "gross up" or otherwise  compensate any Person because of the
imposition of any excise Taxes on a payment pursuant to an Employee Benefit Plan
to such Person.

(b) Attached to Schedule 3.15 are correct,  accurate, and complete copies of (i)
all documents  evidencing  each of the Employee  Benefit  Plans,  as amended (or
correct, accurate, and complete written summaries of such Employee Benefit Plans

<PAGE>

to the extent not evidenced by such  documents);  (ii) all documents  evidencing
trusts  relating  to such  Employee  Benefit  Plans,  as  amended;  (iii)  where
applicable,  the last filed Form 5500 or 5500-C  with  respect to each  Employee
Benefit Plan; and (vi) the audited financial statements of each Employee Benefit
Plan, and all schedules and exhibits to all such documents listed in Subsections
(i)-(vi).  The Company has timely filed all Forms 5500 or 5500-C  required to be
filed for each such Employee Benefit Plan.

(c) Each  Employee  Benefit Plan set forth on Schedule 3.15 which is intended to
qualify under Section 401(a) of the Code or under Section  501(c)(9) of the Code
has received a favorable  determination letter, and the related trusts have been
determined  to be exempt from  taxation.  Attached to Schedule 3.15 is a copy of
the most recent  determination letter with respect to each such Employee Benefit
Plan and nothing has occurred since the date of such  determination  letter that
would cause the loss of such  qualification  or exemption,  and no assessment of
any Taxes has been made or is  threatened  against the  Company,  or any related
trust of any such  Employee  Benefit  Plan on the  basis  of a  failure  of such
qualification or exemption. The consummation of the transactions contemplated by
this Agreement shall not result in the payment,  vesting, or acceleration of any
benefit under any Employee Benefit Plan.

(d) Each Employee  Welfare  Benefit Plan has, to the extent  applicable,  at all
times been in compliance in all material respects with the provisions of Section
4980B of the Code and Parts 6 and 7 of Title I of ERISA.  Except as disclosed on
Schedule 3.15,  none of the Employee  Welfare Benefit Plans provides or promises
post-retirement  health or life benefits to current Employees or retirees of the
Company beyond their retirement date or other termination of service,  except as
required by applicable law.

(e) Except as disclosed on Schedule 3.15, all contributions  which are due under
the terms of each  Employee  Benefit Plan have been made by the due date thereof
and all  contributions for any period ending on or before the Closing Date which
are not yet due have been paid or properly  accrued in the Financial  Statements
in  accordance  with  applicable  law and will be accrued  on the Final  Closing
Balance  Sheet.  All  premiums or other  payments  for all periods  ending on or
before the Closing  Date have been (or prior to the  Closing  Date will be) paid
with respect to each Employee Benefit Plan.

(f) With respect to the Employee Benefit Plans, no event has occurred and, there
exists no  condition  or set of  circumstances,  in  connection  with  which the
Company  could be  subject  to any  Liability  under the terms of such  Employee
Benefit Plans,  ERISA,  the Code, or any other  applicable law. No legal action,
suit,  or claim is pending or  threatened  with respect to any Employee  Benefit
Plan (other than routine claims for benefits in the ordinary course) and no fact
exists which could reasonably be expected to give rise to any such action, suit,
or claim.

(g) No "prohibited transaction", as such term is defined in Section 406 of ERISA
or Section 4975 of the Code,  has occurred with respect to any Employee  Benefit
Plan.

(h) The Company has not incurred any  liability  under,  and has complied in all
material respects with, the WARN Act and shall not incur any such liability as a
result of actions taken or not taken prior to the Closing Date.

<PAGE>

3.16 INSURANCE. Set forth on Schedule 3.16 is a complete and correct list of all
policies of insurance of the  Company,  specifying  for each policy the carrier,
the risks insured,  the amounts of coverage,  the deductible,  the premium rate,
the expiration  date, and any pending claims  thereunder.  All such policies are
outstanding  and in full force and effect and will  remain so until the  Closing
and any pending claims under such policies shall not exceed the policy limits of
such policies. Schedule 3.16 describes any self-insurance arrangements effecting
or maintained by the Company.

3.17  WARRANTIES.  Except  as set  forth on  Schedule  3.17:  (a)  there  are no
Liabilities  of the  Company,  whether  based on strict  liability,  negligence,
breach of contract,  or otherwise,  with respect to any service  provided by the
Company;  (b) there are no  Liabilities of the Company with respect to any claim
for the breach of any  express or implied  warranty or any other  similar  claim
with  respect to any  service  provided  by the  Company,  other  than  standard
warranty  obligations (to replace or refund) made by the Company in the ordinary
course of business to purchasers of its  services,  and which are  appropriately
and  adequately  reserved  for  in the  Financial  Statements  or to the  extent
incurred  after the date thereof in the ordinary  course of business  consistent
with past  practice will be  appropriately  and  adequately  reserved for in the
Financial Statements;  (c) the Company has not entered into, or offered to enter
into, any agreement,  contract commitment, or other arrangement (whether written
or oral)  pursuant  to which the  Company  is or will be  obligated  to make any
rebates, discounts,  promotional allowances, or similar payments or arrangements
to any customer ("Rebate  Obligations");  or (d) no products of the Company sold
prior  to the  Closing  will be  returned  by any  purchaser  of  such  products
following the Closing.  Schedule  3.17 sets forth a true and correct  listing of
all warranty claims made with respect to the products or services of the Company
for the last 5 years and a true and correct  list of all  contracts  pursuant to
which any third party may return any products.  All Rebate Obligations set forth
on Schedule 3.17 are reflected in the Financial Statements or have been incurred
after the date thereof in the ordinary  course of business  consistent with past
practice and will be reflected in the Financial Statements.

3.18     LIABILITIES AND FINANCIAL STATEMENTS.

(a) The  Assumed  Liabilities  set  forth on  Schedule  2.2(a)(ii)  lists  those
Liabilities  of the Company that are to be assumed by the  Purchaser.  All other
Liabilities  of the Company  and/or the Business  (i.e.,  Retained  Liabilities)
shall be retained and paid by the Company.

(b) The financial  statements  appended hereto as Schedule  3.18(b) are true and
accurate  financial  statements for the Company (which is the part of a group of
affiliated companies which share certain management and other talents and assets
so these statements cannot be viewed  separately) for the period ended April 30,
2005(the "Financial Statements").

3.19  AFFILIATIONS  WITH  GIBRALTAR.   None  of  Company,  MKTE,  any  of  their
predecessors in interest,  and/or any of their respective Affiliates own or have
ever owned (directly or indirectly,  of record or beneficially)  any interest in
the  equity  of,  or  have  ever  been  otherwise   affiliated  with,  Gibraltar
Publishing,  Inc.  (or any  predecessor  or  successor  in interest to Gibraltar
Publishing, Inc.).

<PAGE>

3.20 FULL DISCLOSURE. No representation,  warranty,  covenant, or agreement made
by Company in this Agreement or in any statement,  certificate,  instrument,  or
other document or item furnished or delivered or to be furnished or delivered to
Purchaser  pursuant to this  Agreement or in  connection  with the  transactions
covered by this  Agreement  contains  or will  contain  any false or  misleading
statement of a material  fact, or omit any material  fact, in each case required
to be stated  therein or necessary in order to make the  statements  therein not
false or misleading.

3.21  BROKERS.  There are no brokers or finders  known to Seller to be  involved
with this  transaction  and Seller has not made any agreement or taken any other
action which might cause any Person to become entitled to a broker's or finder's
fee or commission as a result of this transaction.

                                    ARTICLE 4.
                         REPRESENTATIONS AND WARRANTIES
                                  OF PURCHASER

Purchaser represents and warrants to Company as follows:

4.1   ORGANIZATION   AND  GOOD  STANDING.   Purchaser  is  a  corporation   duly
incorporated,  validly existing and in good standing under the laws of the State
of Delaware.

4.2  AUTHORITY  AND  ENFORCEABILITY.  Purchaser  has full  corporate  power  and
authority to execute,  deliver,  and perform this  Agreement and the  execution,
delivery,  and  performance  of this  Agreement  by  Purchaser  have  been  duly
authorized by all  necessary  corporate  action on the part of  Purchaser.  This
Agreement has been duly executed and delivered by Purchaser and  constitutes the
valid and legally  binding  obligation of Purchaser,  enforceable  in accordance
with its terms. Purchaser is not required to give any notice to, make any filing
with or obtain any  authorization,  consent,  or  approval of any  Authority  or
Person in order for the parties to consummate the  transactions  contemplated by
this Agreement.

4.3  NONCONTRAVENTION.  The  execution  or  delivery of this  Agreement  (or the
consummation of the transactions  contemplated  hereby) will not (a) violate any
law,  constitution,  code,  statute  or  ordinance,  or  any  regulation,  rule,
injunction, judgment, order, decree, ruling, charge, or other restriction of any
Authority  to which  Purchaser  is subject;  (b) violate  any  provision  of the
Certificate of Incorporation or bylaws, as amended, or any resolution adopted by
the board of directors  or  shareholders  of  Purchaser;  or (c) conflict  with,
result in a breach of,  constitute a default under,  result in the  acceleration
of, give any Person the right to accelerate,  terminate,  modify,  or cancel, or
require  any  notice  under,  any  agreement,  license,  permit,  authorization,
instrument, or other arrangement to which Purchaser is a party or by which it is
bound or to which any of its assets or properties  are subject (or result in the
imposition of a Lien upon any of its assets).

4.4 BROKERS.  There are no brokers or finders  known to Purchaser to be involved
with this  transaction  and  Purchaser  has not made any  agreement or taken any
other  action  which might cause any Person to become  entitled to a broker's or
finder's fee or commission as a result of this transaction.

<PAGE>

                                    ARTICLE 5.
                              PRE-CLOSING COVENANTS

The parties agree as follows with respect to the period between the date of this
Agreement and the Closing:

5.1 GENERAL.  The parties  shall use their  respective  best efforts to take all
actions and do all things necessary, proper, or advisable in order to consummate
and make effective the  transactions  contemplated by this Agreement  (including
satisfaction, but not waiver, of the Closing conditions set forth in Article 7).

5.2 NOTICES AND  CONSENTS.  The parties  shall give any notices to, make filings
with,  and use their best efforts to obtain any  authorizations,  consents,  and
approvals of Authorities or Persons in connection with the matters  specified in
Sections 3.2 and 4.2, and any Schedules relating thereto.

5.3      CONDUCT OF THE BUSINESS.  The Company shall:

(a) Conduct,  carry on, maintain, and preserve the Business and the Assets, keep
available the services of the  Employees,  agents,  and  representatives  of the
Company,  preserve  the good will of  suppliers,  customers,  and others  having
business relations with the Company,  and maintain the assets,  properties,  and
operations of the Company (including,  without  limitation,  the Assets) and its
books of account,  records,  and files,  all in the ordinary  course of business
consistent with past practice; and

(b) Not take or omit to take any action  which if taken or omitted  prior to the
Closing  would  constitute  a  breach  of any  representations,  warranties,  or
covenants of Company in this Agreement,  including the taking of any action,  or
omitting to take any action,  which would cause, or could reasonably be expected
to cause, any of the events or changes listed in Section 3.6 to occur.

5.4 ACCESS TO INFORMATION. Company shall continue to furnish or deliver or cause
to furnish or deliver to  Purchaser  all  documents,  records,  and  information
concerning  the business and affairs of the Company as Purchaser may  reasonably
request.  The furnishing or delivery of such documents,  records, or information
by the Company to Purchaser or any  investigation  by Purchaser into the affairs
of the Company shall not affect Purchaser's right to rely on any representation,
warranty,  or covenant made in this Agreement or in any statement,  certificate,
instrument,  or other  document or item  furnished  or  delivered by the Company
under this Agreement.

5.5  NOTICE  OF  DEVELOPMENTS.  Company  shall  give  prompt  written  notice to
Purchaser of any  development,  event, or occurrence that has had or which could
reasonably be expected to be or cause a  misrepresentation,  breach of warranty,
or breach of covenant  pursuant to this Agreement or to have a Material  Adverse

<PAGE>

Effect;  provided,  however, that Purchaser's knowledge of any such development,
event, or occurrence, whether by written notice from Company or otherwise, shall
not be deemed (a) to prevent or cure any misrepresentation,  breach of warranty,
or breach of  covenant,  (b) a waiver of, or  require  Purchaser  to waive,  the
conditions  to the Closing set forth in Section  7.1, or  otherwise to limit the
rights  of  Purchaser  to  indemnification  pursuant  to  Article 8 for any such
misrepresentation or breach.

5.6 SUBSEQUENT ACQUISITION PROPOSALS. Company shall not, nor shall it permit any
Affiliate,  Employee,  director,  or  officer of the  Company or any  investment
banker, attorney,  accountant,  or other representative or agent retained by, or
acting  with the  authority  of, the  Company to  solicit,  initiate,  encourage
(including  by way of  furnishing  information),  endorse,  or  enter  into  any
agreement with respect to, or take any other action to facilitate, any inquiries
or the making of any proposal that constitutes, or may be reasonably expected to
lead to, any Acquisition Proposal.

5.7  AMOUNTS  OWED TO  PURCHASER.  Prior to  Closing,  Seller,  MKTE,  and their
respective  Affiliates,  shall pay or repay (as  applicable) all amounts payable
(whether  by loan or  otherwise)  to  Purchaser  (or its  Affiliates)  as of the
Closing,  excluding payment of any Management Fees (the satisfaction of which is
the subject of Section 2(b)).

                                    ARTICLE 6.
                       CLOSING AND POST-CLOSING COVENANTS

The parties  agree as follows with respect to the period as of and following the
Closing:

6.1  GENERAL.  In case at any time  after  the  Closing  any  further  action is
necessary or desirable to carry out the purposes of this Agreement,  each of the
parties shall take such further action  (including the execution and delivery of
such  further  instruments  and  documents)  as any other party  reasonably  may
request,  all at the sole cost and expense of the  requesting  party (unless the
requesting  party is  entitled to  indemnification  therefor  under  Article 8).
Company  acknowledges  and agrees that,  from and after the  Closing,  Purchaser
shall be entitled to possession of all documents,  books, records (including Tax
records), agreements, and financial data of any sort relating to the Company.

6.2 POST-CLOSING COOPERATION,  ACCESS TO INFORMATION,  AND RETENTION OF RECORDS.
Without  limiting the  generality of Section 6.2,  Company and  Purchaser  shall
cooperate  fully with each other after the Closing so that each party has access
to the  business  records,  contracts,  and other  information  existing  at the
Closing Date and relating in any manner to the conduct of the Business  (whether
in the possession of Company or Purchaser). No files, books, or records existing
at the Closing  Date and  relating in any manner to the conduct of the  Business
shall be  destroyed  by any party for a period of 7 years after the Closing Date
without  giving the other party at least 30 days' prior written  notice,  during
which time such other party shall have the right  (subject to the  provisions of
this  Section 6.2) to examine and to remove any such files,  books,  and records
prior to their  destruction.  The access to files,  books,  and records shall be
during  normal  business  hours  and upon not less  than 2 days'  prior  written
request,  shall be subject to such  reasonable  limitations  as the party having

<PAGE>

custody or  control  thereof  may  impose to  preserve  the  confidentiality  of
information  contained  therein as  contemplated  in Section 10.1, and shall not
extend to material  subject to a claim of privilege  unless  expressly waived by
the party entitled to claim the same.

6.3  TRANSITION.  Company shall not take any action that is intended to have the
effect of discouraging any Employee, lessor, licensor, customer, supplier, sales
representative, dealer, distributor, or other business associate of the Company,
Purchaser,  or their  respective  Affiliates from  maintaining the same business
relationships with the Company, Purchaser, or their Affiliates after the Closing
as it maintained  with the Company prior to the Closing.  Company shall refer to
Purchaser  all customer  inquiries  relating to  Purchaser,  the  Business,  the
Assets, and the Company from and after the Closing.

6.4      EMPLOYEE MATTERS.

Purchaser has elected not to offer continued employment after the Closing to the
Employees  listed on Schedule  6.4.  Notwithstanding  anything  to the  contrary
contained in this Agreement,  Company shall take all actions  required to assure
that the Purchaser  experiences  no Liability or obligation  with respect to the
Employees  listed on Schedule  6.4,  whether  arising  out of, or  provided  by,
Employee  Benefit  Plans,  or  otherwise,  for any  periods  before or after the
Closing.  Company  shall be  obligated  to pay all accrued  vacation  due to the
Employees listed on Schedule 6.4.

6.5 TAX  MATTERS.  Company  shall be  responsible  for and shall pay all  Taxes,
filing fees, recording fees, and other similar expenses with respect to the sale
and purchase of the Assets.  All obligations for Taxes due in respect of periods
prior to the Closing Date shall be the sole  responsibility  of Seller,  and all
obligations for Taxes due in respect of periods  including and after the Closing
Date shall be the sole responsibility of Purchaser.

6.6  NONCOMPETITION  AGREEMENTS.  At the Closing,  (a) the Company and Purchaser
shall  enter  into  a  noncompetition,   noninterference   and   confidentiality
agreement,   substantially   in  the  form  of  Exhibit   6.6(a)  (the   "Seller
Noncompetition  Agreement")  and (b) MKTE, the Company and Purchaser shall enter
into  a   noncompetition,   noninterference,   and   confidentiality   agreement
substantially   in  the  form  of  Exhibit  6.6(b)  (the  "MKTE   Noncompetition
Agreement").

6.7 RELEASE OF LIENS RELATED TO THE COMPANY INDEBTEDNESS.  Seller shall take all
actions  necessary to comply with any requirements of Purchaser to cause any and
all Liens upon the Assets and/or related to Company  Indebtedness to be released
as soon as possible,  and shall deliver to Purchaser  evidence of the same which
evidence shall be acceptable to Purchaser in its sole and absolute discretion.

6.8 RETAINED LIABILITIES. Company shall retain and be solely responsible for all
Retained  Liabilities,  and  shall  indemnify  and  defend  Purchaser  and  hold
Purchaser harmless with respect to, and from any Liability  associated with, any
and all Retained Liabilities.

6.9 SOFTWARE LICENSING. Purchaser acknowledges that, at the Closing, MKTE and/or
Seller is paying Purchaser  $24,000.000 in cash or other  immediately  available
United States funds to reimburse Purchaser for expenses that Purchaser may incur
to obtain  licensing  for the  Assets.  MKTE and  Seller  shall  cooperate  with
Purchaser,  and  pay to  Purchaser  $12,000.00  in  cash  or  other  immediately
available  United  States  funds on or before each of June 10, 2005 and June 17,
2005 (for an aggregate  additional  amount of $24,000.00),  to further reimburse
Purchaser  for expenses  that  Purchaser  may incur to obtain  licensing for the
Assets.  In the event that MKTE and/or Seller fail to pay any amount pursuant to

<PAGE>

this Section 6.9 (only up to the aggregate amount of $24,000.00), then Purchaser
may, at its sole option, (a) reduce the Deferred Amount  then-outstanding  under
the Note  dollar-for-dollar  by the unpaid amount of such demand,  in which case
the security  interest  granted to Seller under this  Agreement and the Security
Agreement  shall be released  with  respect to  collateral  having a fair market
value at the time of such  demand  equal to the  unpaid  amount of such  demand,
and/or  (b)  seek  any  other  legal  and/or  equitable  remedies  available  to
Purchaser.  Purchaser  shall be  obligated  to pay the  balance  of the  amounts
necessary to obtain licensing for the Assets.

6.10 RENT,  TAXES,  AND OTHER CHARGES ON THE LEASED REAL  PROPERTY.  Any rent in
respect of the month of May, 2005,  taxes,  and other charges or assessments due
and payable (whether prior to, at, or after the Closing) under the lease for the
Leased Real Property  ("Prorated  Lease Expenses") shall be prorated between the
parties on the basis of the proportional number of calendar days in the relevant
period that Seller and  Purchaser,  respectively,  own the Assets.  If any party
pays any of the Prorated Lease Expenses for which the other party is entirely or
partially responsible hereunder,  the responsible party will promptly (but in no
event  later  than ten (10)  calendar  days after  demand by the  paying  party)
reimburse the paying party for that portion of the Prorated  Lease  Expenses for
which  the  responsible  party is  responsible,  provided  that any  demand  for
reimbursement shall be accompanied by appropriate evidence of payment thereof.

                                    ARTICLE 7.
                       CONDITIONS PRECEDENT TO THE CLOSING

7.1 CONDITIONS PRECEDENT TO PURCHASER'S OBLIGATION.  The obligation of Purchaser
to purchase the Assets and otherwise consummate the transactions to be performed
by it in connection with the Closing is subject to the satisfaction, at or prior
to the  Closing,  of all of the  conditions  set  forth  in  this  Section  7.1.
Purchaser  may waive any or all of these  conditions in whole or in part without
prior notice.

(a) All  representations  and  warranties  by Seller and MKTE  contained in this
Agreement or in any  statement,  certificate,  instrument,  or other document or
item  furnished or delivered  by Seller under this  Agreement  shall be true and
correct on and as of the Closing Date in all respects.

(b) Seller, MKTE, and/or their respective  Affiliates (as applicable) shall have
performed and complied with, and shall have caused the Company to have performed
and complied  with,  all  covenants,  agreements,  and  obligations  (including,
without  limitation,  the  payment and or  repayment  obligations  contained  in
Section 5.8), and shall have satisfied all conditions that Seller or the Company
are required by this Agreement to perform,  comply with, or satisfy, at or prior
to the Closing, in all respects.

<PAGE>

(c) No action,  suit,  or proceeding  shall be pending or threatened  before any
Authority wherein an unfavorable injunction, judgment, order, decree, ruling, or
charge  would  (i)  prevent  the   consummation  of  any  of  the   transactions
contemplated by this Agreement;  (ii) cause any of the transactions contemplated
by this Agreement to be rescinded following consummation; (iii) affect adversely
the right of Purchaser to own the Assets,  to control the Company and/or operate
the  Business;  or (iv)  affect  adversely  the right of the  Company to own its
assets  or  properties  or to  operate  the  Business  (and no such  injunction,
judgment, order, decree, ruling or charge shall be in effect).

(d) Purchaser  shall have received a  certificate  from Seller,  dated as of the
Closing Date,  certifying that the conditions specified in this Section 7.1 have
been satisfied in all respects.

(e) Purchaser shall have received the Bill of Sale transferring  title in and to
the Assets to Purchaser substantially in the form of Exhibit 7.1(e).

(f) Seller and MKTE shall have taken all actions  required under, and shall have
procured  (or caused the  Company to have taken all actions  required  under and
procured) and delivered to Purchaser,  all third party consents contemplated by,
Section 3.2 and Schedule 3.2.

(g) Purchaser  shall have  received a certificate  of good standing or existence
for the Company.

(h)  Purchaser  shall have  received the releases of Liens  specified in Section
6.7, each of which shall be  satisfactory  to Purchaser in its sole and absolute
discretion.

(i) Company  shall have each  executed and  delivered  to  Purchaser  the Seller
Noncompetition Agreement, dated as of the Closing Date.

 (j)  MKTE  shall  have  each  executed  and  delivered  to  Purchaser  the MKTE
Noncompetition Agreement, dated as of the Closing Date.

(k) No  developments,  events or  occurrences  shall have occurred  prior to the
Closing Date resulting in, or which could reasonably be expected to result in, a
Material Adverse Effect.

(l) The board of  directors of Purchaser  shall have  approved the  transactions
contemplated by this Agreement.

(m) Purchaser  shall have received from counsel to Seller an opinion in form and
substance as set forth on Exhibit 7.1(m), addressed to Purchaser and dated as of
the Closing Date.

(n) Seller shall have obtained an estoppel  certificate and assignment,  in form
and  substance  acceptable  to  Purchaser,  from the landlord of the Leased Real
Property confirming that the rent is current,  Seller and Company have otherwise
performed the terms and conditions of the lease, and that the landlord  consents
to the assignment of the lease concerning such Leased Real Property to Purchaser
(the "Leased Real Property Assignment").  To the extent that the landlord of the
Leased Real Property requires MKTE or the Company to remain as an obligor to the
landlord under the terms of the Leased Real Property  Assignment,  the Purchaser
and Customerlinx  agree: (i) to indemnify and hold MKTE and the Company harmless

<PAGE>

from all claims,  damages, costs, and liability (including reasonable attorney's
fees) that MKTE or the Company  shall suffer or incur arising under the terms of
the lease of the Leased Real  Property or  Purchaser's  use and occupancy of the
Leased Real Property,  in each case for which the cause of action giving rise to
such claim,  damage,  cost, or liability  arises after the Closing,  without any
limitation  except as set forth  above;  (ii) to fully and  timely  perform  all
obligations  of lessee under the terms of the lease of the Leased Real  Property
after the Closing;  and (iii) that  Purchaser  shall have no right to extend the
term of the lease of the Leased  Real  Property in the event that either MKTE or
the Company must remain during such extension as obligors to the landlord on the
lease of the Leased Real Property.

(o) Seller shall have delivered the 2004 Income  Statement to Purchaser at least
5 days prior to the Closing,  and Purchaser  shall be satisfied with the figures
and calculations presented therein.

(p)  Purchaser  shall have  received  $24,000.000  in cash or other  immediately
available United States funds pursuant to Section 6.9.

(q)  The  form  and  substance  of all  statements,  certificates,  instruments,
opinions  and  other  documents  or items  delivered  to  Purchaser  under  this
Agreement shall be satisfactory in all reasonable  respects to Purchaser and its
counsel.

7.2  CONDITIONS  PRECEDENT TO SELLER'S  OBLIGATION.  The obligation of Seller to
sell and transfer the Assets and otherwise  consummate  the  transactions  to be
performed by them in connection with the Closing is subject to the satisfaction,
at or prior to the Closing,  of all of the  conditions set forth in this Section
7.2. Seller may waive any or all of these conditions in whole or in part without
prior notice.

(a) All  representations and warranties by Purchaser contained in this Agreement
or in  any  statement,  certificate,  instrument,  or  other  document  or  item
furnished  or  delivered by  Purchaser  under this  Agreement  shall be true and
correct on and as of the Closing Date in all respects.

(b) Purchaser shall have performed and complied with all covenants,  agreements,
and  obligations,  and shall have  satisfied all  conditions  that  Purchaser is
required by this  Agreement to perform,  comply with or satisfy,  at or prior to
the Closing, in all respects.

(c) No action,  suit,  or proceeding  shall be pending or threatened  before any
Authority wherein an unfavorable injunction, judgment, order, decree, ruling, or
charge  would  (i)  prevent  the   consummation  of  any  of  the   transactions
contemplated   by  this  Agreement  or  (ii)  cause  any  of  the   transactions
contemplated by this Agreement to be rescinded  following  consummation  (and no
such injunction, judgment, order, decree, ruling, or charge shall be in effect).

(d) Seller shall have received a  certificate  from  Purchaser,  dated as of the
Closing Date,  certifying that the conditions specified in Section 7.2 have been
satisfied in all respects.

(e) [INTENTIONALLY BLANK.]

<PAGE>

(f)   Purchaser   shall  have  executed  and  delivered  to  Seller  the  Seller
Noncompetition Agreement, dated as of the Closing Date, and Purchaser shall have
executed and delivered to MKTE the MKTE  Noncompetition  Agreement,  dated as of
the Closing Date.

(g)  Purchaser  shall have  executed  and  delivered  to Seller the Note and the
Security Agreement.

(h)  The  form  and  substance  of all  statements,  certificates,  instruments,
opinions,  or other  documents or items delivered to Seller under this Agreement
shall be satisfactory in all reasonable respects to Seller and their counsel.

                                    ARTICLE 8.
                                 INDEMNIFICATION

8.1      GENERAL INDEMNIFICATION OBLIGATIONS.

(a) Company shall  indemnify and defend  Purchaser and hold  Purchaser  harmless
from and against any and all Adverse Consequences or Liabilities arising out of,
resulting from, relating to, in the nature of or caused by:

         (i) Any misrepresentation, breach, failure, or nonperformance (as
applicable) of any representation, warranty, covenant, or agreement made by
Company in this Agreement or in any written statement, certificate, instrument,
or other document or item furnished or delivered or to be furnished or delivered
by Company to Purchaser pursuant to this Agreement or in connection with the
transactions contemplated by this Agreement;

         (ii) The ownership or operation of the Company prior to the Closing
Date, other than the Assumed Liabilities;

         (iii) Any claims brought by any Authorities for omissions in bonding or
licensing, but such indemnification shall be limited to claims asserted against
Purchaser during the first year following the date of the Closing and only for
claims arising from the action or inaction of MKTE or Seller prior to the
Closing;

         (iv) Any Taxes relating to periods through and including the Closing
Date, other than Taxes previously paid and accruals or reserves for Taxes set
forth on the face of the Financial Statements; or

         (v) The Retained Liabilities.

(b) Purchaser shall indemnify and defend Company and hold Company  harmless from
and against  any and all Adverse  Consequences  or  Liabilities  arising out of,
resulting from, relating to, in the nature of or caused by:

         (i) Any misrepresentation, breach, failure, or nonperformance (as
applicable) of any representation, warranty, covenant, or agreement made by
Purchaser in this Agreement or in any statement, certificate, instrument, or

<PAGE>

other document or item furnished or delivered or to be furnished or delivered by
Purchaser to Company pursuant to this Agreement or in connection with the
transactions contemplated by this Agreement; or

         (ii) The Assumed Liabilities.

(c) Subject to (but without  limiting)  the terms of Section 6.9,  Company shall
indemnify  Purchaser  for  any  and all  third  party  clams  arising  from  the
Intellectual Property and Computer Software transferred hereunder,  but only for
claims  arising  from the  action or  inaction  of MKTE or  Seller  prior to the
Closing. Company hereby agrees to indemnify, hold harmless, and defend Purchaser
from and against any and all Liabilities  asserted against  Purchaser by a third
party  to the  extent  such  Liabilities  result  from the  infringement  of the
Intellectual Property and Computer Software,  including, but not limited to, any
third party's trade secret,  trademark,  service mark,  copyright,  license,  or
patent issued as of the date of this Agreement  (collectively,  an "Intellectual
Property Right"); provided, that Purchaser: (i) promptly notifies Company of any
third party claim subject to indemnification  hereunder,  (ii) gives Company the
right to control and direct the  preparation  of a defense,  the defense and any
settlement of any such claim,  and (iii) cooperates with Company for the defense
of same. The foregoing  provisions shall not apply to any  infringement  arising
out of:  (i) use of the  Intellectual  Property  other than in  accordance  with
applicable representations,  documentation, or instructions supplied by Company;
(ii) any alteration,  modification,  or revision of the Intellectual Property by
Purchaser directly related to the source of the claim; or (iii) any post-Closing
acts  or  omissions  of  Purchaser.   This  Section  8.1(c)  shall  survive  the
termination of this Agreement.

(d) The indemnification  provisions of Section 7.1(n) shall not be limited by or
interpreted under the provision of this Section 8.1.

8.2      GENERAL INDEMNIFICATION PROCEDURES.

(a) A party seeking indemnification  pursuant to this Article 8 (an "Indemnified
Party") shall give notice to the party from whom such  indemnification is sought
(the "Indemnifying Party") of the assertion of any claim, or the commencement of
any action,  suit, or  proceeding,  in respect of which  indemnity may be sought
pursuant to this Article 8 (a "Claim") and will give the Indemnifying Party such
information  with  respect  thereto  as the  Indemnifying  Party may  reasonably
request,  but  failure to give such notice  shall not  relieve the  Indemnifying
Party of any  Liability  hereunder  (except to the extent that the  Indemnifying
Party has suffered actual prejudice thereby).

(b) For purposes of this Article 8,  including  the  determination  of Claims by
Purchaser,  any and all references to a "Material  Adverse Effect" or "material"
limitations or limitations  as to  "Knowledge" in Seller's  representations  and
warranties, while being taken into account for purposes of determining whether a
breach has occurred giving rise to a Claim by Purchaser for Adverse Consequences
for which Purchaser is to be  indemnified,  shall be disregarded for purposes of
calculating the amount of said Claim.

(c) In no event  shall the  provisions  of this  Article 8 in any way  modify or
otherwise  limit the rights or remedies  available  to any of the  parties  with
regard  to a claim of  fraud.  The  parties  shall be  entitled  as a result  of

<PAGE>

misrepresentation,  breach,  or default under this Agreement,  to pursue any and
all  non-monetary  relief to which any of them may otherwise be entitled at law,
in equity or otherwise.

                                    ARTICLE 9.
                                   TERMINATION

9.1 TERMINATION. This Agreement may be terminated at any time prior to the
Closing:

(a) By mutual written consent of Purchaser and Company;

(b) By  Purchaser or Company if the Closing  shall not have  occurred by and, in
the reasonable  judgment of the terminating  party, all conditions  precedent to
such party's  obligation to proceed with the  transactions  contemplated by this
Agreement  cannot be  satisfied  and such  terminating  party does not desire to
waive such  condition(s);  provided,  however,  that this right to terminate the
Agreement  shall not be  available  to any party  whose  failure to fulfill  any
obligation under this Agreement has been the cause of or resulted in the failure
of the Closing to occur on or before such date; or

(c)      (i) By Purchaser if, prior to the Closing, Company fails to perform in
any material respect any of their obligations under this Agreement; or

         (ii) By Company if, prior to the Closing, Purchaser fails to perform in
any material respect any of Purchaser's obligations under this Agreement.

9.2 EFFECT OF  TERMINATION.  In the event of  termination  of this  Agreement by
either  Purchaser or Company as provided in Section 9.1, all  obligations of the
parties under this Agreement shall terminate  without  Liability of any party to
any other party, except the following shall survive any such termination (a) the
obligations  set forth in Sections  10.1-10.5  and (b) Liability for any willful
breach of this Agreement.

                                   ARTICLE 10.
                                  MISCELLANEOUS

10.1 CONFIDENTIALITY.  Purchaser,  Company, and their respective representatives
and Affiliates shall keep and maintain the terms of the transaction contemplated
by this Agreement  confidential for a period of three (3) years. Company and its
representatives  and Affiliates shall treat and hold as confidential any and all
information,  materials,  data, and documents in all forms  (whether  written or
otherwise) relating to the Company, the Business, the Assets,  Purchaser, or any
party  to  this  Agreement  (collectively,   the  "Confidential   Information");
provided,  however,  the  following  items  shall  not  constitute  Confidential
Information: (a) an item that was already available to the general public at the
time such item was received;  (b) an item that subsequently becomes known to the
general   public   through  no  fault  or   omission   by  Company   and/or  its
representatives and Affiliates;  (c) an item that is subsequently disclosed by a

<PAGE>

third  party  which has the bona fide right to make such  disclosure;  or (d) an
item that is required to be disclosed  by law, or by any  Authority or for which
disclosure to an Authority is appropriate  in the conduct of business;  provided
that, any  Confidential  Information  disclosed  pursuant to law hereunder shall
remain  "confidential"  in all other  instances,  and shall be  treated as such.
Company and its representatives and Affiliates shall refrain from using any such
Confidential Information in any manner or for any purpose not in connection with
this Agreement.  Upon the failure to consummate the transactions contemplated by
this Agreement,  Company and Purchaser shall deliver promptly to the other party
or  destroy,  at the  request  and  option of such  other  party,  all  tangible
embodiments (including computer records) of such Confidential Information of the
other party which are in its possession. For purposes of this Section 10.1, only
representatives and Affiliates of the parties who have a reasonable need to know
may receive or have  access to  Confidential  Information,  and then only if all
necessary  and  appropriate  measures  are taken to  protect  such  Confidential
Information.  Each party shall also take all necessary and appropriate  measures
to assure that its  representatives and Affiliates who receive or have access to
Confidential  Information  of the  other  party  observe  and  comply  with  the
provisions of, and the applicable party's  obligations under, this Section 10.1.
In the event that any party to this  Agreement is requested or required (by oral
question or request  for  information  for  documents  in any legal  proceeding,
interrogatories,  subpoena,  civil  investigative  demand or similar process) to
disclose any Confidential Information, said party shall notify the other parties
promptly of the request or requirement so that the nondisclosing  party may seek
an appropriate  protective order or waive compliance with the provisions of this
Section  10.1.  If, in the  absence of a  protective  order or the  receipt of a
waiver under this Section 10.1, any party to this Agreement is, on the advice of
counsel,  compelled to disclose any Confidential Information to any Authority or
else  stand  liable  for  contempt,  said party may  disclose  the  Confidential
Information to the Authority; provided, however, that the disclosing party shall
use  its  reasonable  efforts  to  obtain,  at  the  reasonable  request  of the
nondisclosing  party,  an order or such  assurance that  confidential  treatment
shall be accorded to such portion of the Confidential Information required to be
disclosed as the nondisclosing party shall designate.

10.2  PUBLICITY.  No publicity  release,  announcement,  or other  disclosure to
Persons  other than the parties to this  Agreement  or their  respective  legal,
financial,  and  accounting  advisors and  consultants,  brokers,  shareholders,
officers,   or  directors   concerning   this  Agreement  or  the   transactions
contemplated hereby shall be issued by any party to this Agreement (or its/their
representatives  or Affiliates)  without prior consent to the form and substance
thereof by Purchaser  (in the case of any proposed  release or  announcement  by
Company or its  representatives  or Affiliates),  or Company (in the case of any
proposed  release  or  announcement  by  Purchaser  or  its  representatives  or
Affiliates).  Notwithstanding the foregoing, in the event any such press release
or  announcement  is required by law to be made by the party  proposing to issue
the same,  such party shall use its reasonable  efforts to consult in good faith
with  the  other  party  prior to the  issuance  of any such  press  release  or
announcement.

10.3 EXPENSES.  Except as otherwise set forth in this  Agreement,  Company shall
pay all costs and  expenses  incurred  or to be  incurred by the Company and its
representatives  and  Affiliates  in the  negotiation  and  preparation  of this
Agreement and in closing and carrying out the transactions  contemplated by this
Agreement,  and all attorneys'  fees,  accountants'  fees, and related costs and
expenses.  Except as otherwise set forth in this Agreement,  Purchaser shall pay
all  costs  and  expenses  incurred  or to be  incurred  by  Purchaser  and  its

<PAGE>

representatives  and  Affiliates  in the  negotiation  and  preparation  of this
Agreement and in closing and carrying out the transactions  contemplated by this
Agreement,  including all attorneys' fees,  accountants' fees, and related costs
and expenses.

10.4 COSTS. Except as otherwise provided in this Agreement,  if any legal action
or any  arbitration or other  proceeding is brought for the  enforcement of this
Agreement,   or  because   of  an   alleged   dispute,   breach,   default,   or
misrepresentation  in connection  with any of the provisions of this  Agreement,
the  successful  or  prevailing  party or parties  shall be  entitled to recover
reasonable   attorneys'  fees  and  other  costs  incurred  in  such  action  or
proceeding, in addition to any other relief to which it or they may be entitled.

10.5 OTHER  PROSPECTIVE  PURCHASERS.  Purchaser shall not incur any Liability in
connection  with the  transactions  contemplated  by this Agreement to any other
Person with whom the Company or its Affiliates,  agents, or representatives have
had  negotiations  or  discussions  regarding  any  potential  merger,  sale, or
exchange of capital stock or other business combination involving the Company or
any proposal or offer to acquire in any manner a substantial  equity interest in
the Company or all or a substantial portion of the assets of the Company.

10.6 SURVIVAL.  All  representations,  warranties,  covenants,  agreements,  and
indemnities  (including,  but not  limited  to,  those  concerning  Intellectual
Property and  Computer  Software)  of  Purchaser  and Company  contained in this
Agreement or any statement,  certificate,  instrument, or other document or item
delivered or furnished pursuant to this Agreement shall survive the Closing.

10.7 NOTICES. All notices, consents, requests, instructions, approvals, demands,
and other  communications  provided for herein shall be validly given,  made, or
served  if  in  writing  and  delivered  personally  by  hand,  by a  nationally
recognized overnight courier service (i.e., FedEx or United Parcel Service),  by
United States  certified or registered  first class mail,  postage  prepaid with
return  receipt  requested,  or by  facsimile  transmission.  Each such  notice,
consent, request, instruction, approval, demand, or other communication shall be
effective  if delivered  (a)  personally  by hand or by a nationally  recognized
overnight  courier  service,  when  delivered  at the address  specified in this
Section 10.7; (b) by United States  certified or registered first class mail, on
the  date  appearing  on the  return  receipt  therefore;  or  (c) by  facsimile
transmission,  when such facsimile  transmission is transmitted to the facsimile
transmission   number  specified  in  this  Section  10.7  and  the  appropriate
confirmation  is  received.  In the event  that a party is  unable to  deliver a
notice, consent, request, instruction,  approval, demand, or other communication
due to the inaccuracy of the address or facsimile  transmission  number provided
by the other party  pursuant to this Section 10.7, or the other party's  failure
to notify the party of a change of its address or facsimile  transmission number
as specified  pursuant to this Section  10.7,  such  notice,  consent,  request,
instruction,  approval,  demand,  or other  communication  shall be deemed to be
effective upon confirmation by a nationally recognized overnight courier service
of its failure to complete delivery to the other party's address as set forth in
this Section  10.7 (or other  address duly given to the party by the other party
in accordance with this Section 10.7).

Addresses  and  facsimile  transmission  numbers for  notices  (unless and until
written notice is given of any other address or facsimile transmission number):

<PAGE>

         If to Purchaser, to:

         3348 Peachtree Road, Suite 200
         Atlanta, GA  30326
         Attention:  Neil Quarterman
         Fax:  (404) 870-7071

         with a copy to:

         Barry A. Friedman, Esq.
         Thompson Hine LLP
         Suite 800
         1920 N Street, N.W.
         Washington, D.C. 20036
         Fax: (202) 331-8330

         If to Company or MKTE, to:

         E-Commerce Support Centers, Inc.
         Scientigo, Inc.
         7810 Ballantyne Common Pkwy.
         Suite 300
         Charlotte, NC  28277
         Attn:  Doyal Bryant, CEO
         Fax:  866-821-1668

         with a copy to:

         Ariel Weissberg, Esq.
         Weissberg and Associates, Ltd.
         401 South LaSalle Street,
         Chicago, Illinois 60605
         Fax : 312-663-1514

10.8     CONSTRUCTION.  Any reference to any federal,  state,  local, or foreign
law,  constitution,  code,  statute, or ordinance shall be deemed to include all
rules and  regulations  promulgated  thereunder (by any Authority or otherwise),
any  amendments  thereto,  and any successor law,  unless the context  otherwise
requires.  "Including" means "including  without  limitation" and does not limit
the preceding words or terms. The words "or" and "nor" are inclusive and include
"and". The singular shall include the plural and vice versa. Each word of gender
shall  include each other word of gender as the context may require.  References
to "Articles" or "Sections" or "Schedules" or "Exhibits"  shall mean Articles or
Sections of this Agreement or Schedules or Exhibits  attached to this Agreement,
unless otherwise expressly indicated. The title of each Article and the headings

<PAGE>

or titles preceding the text of the Sections are inserted solely for convenience
of reference,  and shall not constitute a part of this Agreement, nor shall they
affect the meaning,  construction or effect of this Agreement.  The parties have
each  participated in the  negotiation  and drafting of this  Agreement.  In the
event an  ambiguity  or  question  of  intent  or  interpretation  arises,  this
Agreement  shall be  construed  as if  drafted  jointly  by the  parties  and no
presumption or burden of proof shall arise favoring or disfavoring  any party by
virtue of the authorship of any of the provisions of this Agreement.

10.9     ENTIRE AGREEMENT. This Agreement,  including the initial paragraph, the
recitals to this  Agreement,  and all  Schedules  and Exhibits  attached to this
Agreement,  each of which are made a part of this  Agreement by this  reference,
constitutes the entire  understanding  of the parties,  and supersedes any prior
agreements or understandings,  written or oral, between the parties with respect
to the subject matter of this Agreement, including that certain Letter of Intent
between  Company  and  Customerlinx  dated  January  13,  2005.  No  supplement,
modification, or amendment of this Agreement shall be binding unless executed in
writing  by all of the  parties  to  this  Agreement.  No  waiver  of any of the
provisions of this Agreement shall be deemed, or shall  constitute,  a waiver of
any other provision,  whether or not similar,  nor shall any waiver constitute a
continuing  waiver. No waiver shall be binding unless executed in writing by the
party making the waiver.

10.10    RIGHTS  OF  PARTIES.  Nothing  in this  Agreement,  whether  express or
implied, is intended to confer any benefit,  right, or remedy under or by reason
of this  Agreement on any Persons  other than the parties to this  Agreement and
their  respective  successors  and  permitted  assigns,  nor is anything in this
Agreement  intended to relieve or discharge  the  obligation or Liability of any
other Person to any party to this  Agreement,  nor shall any provision  give any
other  Person any right of  subrogation  or action  over or against any party to
this Agreement.

10.11    SUCCESSION  AND  ASSIGNMENT.  This Agreement shall be binding upon, and
inure to the  benefit  of, the parties to this  Agreement  and their  respective
representatives,  successors, and permitted assigns. None of the parties to this
Agreement may assign either this Agreement or any of the rights,  interests,  or
obligations  hereunder  without the prior written approval of the other parties;
provided,  however,  that  Purchaser  may  assign  any or  all  of  its  rights,
interests,  or obligations under this Agreement to one or more of its Affiliates
(in any or all of which cases Purchaser  nonetheless shall remain responsible to
Company for the performance of all of its obligations under this Agreement).

10.12    GOVERNING  LAW. This Agreement  shall be governed by, and construed and
enforced in accordance  with,  the laws of the State of New York without  giving
effect to conflict of law principles thereof.

10.13    COUNTERPARTS; EXECUTION BY FACSIMILE. This Agreement may be executed in
two or more counterparts,  each of which shall be deemed an original,  but which
together shall constitute one and the same  instrument.  The parties may execute
this Agreement and all other agreements,  certificates,  instruments,  and other
documents  contemplated  by this  Agreement  and  exchange on the  Closing  Date
counterparts  of such  documents  by means  of  facsimile  transmission  and the
parties agree that the receipt of such executed counterparts shall be binding on
such parties and shall be construed as originals. After the Closing, the parties
shall  promptly  exchange  original  versions  of this  Agreement  and all other

<PAGE>

agreements, certificates,  instruments, and other documents contemplated by this
Agreement that were executed and exchanged by facsimile transmission pursuant to
this Section 10.13.

10.14    GUARANTEES.

(a)      MKTE hereby irrevocably and unconditionally guarantees to Purchaser the
full and prompt  performance  of the  obligations  of Seller to be  performed by
Seller (or Company)  pursuant to paragraph 8.1 under this  Agreement that Seller
(or Company)  fails to perform after demand  therefore  (the "Seller  Guaranteed
Obligations").  This  Section  10.14(a)  is  a  guarantee  of  performance,  and
Purchaser  shall be under no obligation to take any action  against  Seller with
respect to any of the Seller  Guaranteed  Obligations if such Seller  Guaranteed
Obligations  are due and have not been  performed  by  Seller  after  demand  by
Purchaser and the expiration of any applicable  grace and/or notice period.  The
obligations of MKTE for the Seller  Guaranteed  Obligations  shall be limited to
the  amount  of the  Purchase  Price;  provided  that in no event  shall  MKTE's
satisfaction of its direct obligations hereunder (including, without limitation,
pursuant to Section 6.9) be considered the  satisfaction of a Seller  Guaranteed
Obligation, and, therefore, MKTE's satisfaction of such direct obligations shall
not be included in the calculation of any limitation on MKTE's  responsibilities
provided by this sentence of Section  10.14(a).  Notwithstanding  the foregoing,
however,  if  Purchaser's  suffers  Losses in excess of the limitation on MKTE's
guarantee  obligations set forth in this Section 10.14, then the Deferred Amount
(if  any)   then-outstanding   under  the  Note  shall  be  immediately  reduced
dollar-for-dollar  by the  amount  of such  excess,  and the  security  interest
granted to Seller  under this  Agreement  and the  Security  Agreement  shall be
released with respect to collateral  having a fair market value at the time that
Purchaser incurs such Losses equal to the amount of such excess Losses.

(b)      Customerlinx  hereby  irrevocably  and  unconditionally  guarantees  to
Seller the full and prompt  performance  of the  obligations  of Purchaser to be
performed  by  Purchaser  pursuant to paragraph  2.2 under this  Agreement  that
Purchaser  fails to perform after demand  therefore (the  "Purchaser  Guaranteed
Obligations").  This Section 10.14(b) is a guarantee of performance,  and Seller
shall be under no obligation to take any action  against  Purchaser with respect
to any of the Purchaser  Guaranteed  Obligations  if such  Purchaser  Guaranteed
Obligations  are due and have not been  performed by  Purchaser  after demand by
Seller and the  expiration of any  applicable  grace and/or notice  period.  The
obligations of Customerlinx for the Purchaser  Guaranteed  Obligations  shall be
limited  to the  outstanding  amount of the  Deferred  Amount  (plus  applicable
interest).

[THE REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK AND SIGNATURE PAGE FOLLOWS]

<PAGE>

                  [SIGNATURE PAGE TO ASSET PURCHASE AGREEMENT]

IN WITNESS  WHEREOF,  the parties have  executed  this  Agreement as of the date
first written above.

Customerlinx of North Carolina, Inc., a North Carolina corporation

By: /s/ Neal Quarterman
    ---------------------------
Its: Chief Financial Officer

Customerlinx Corp.

By: /s/ Neal Quarterman
    ---------------------------
Its: Chief Financial Officer

E-Commerce Support Centers, Inc.

By: /s/ Doyal Bryant
    ---------------------------
Its: Chief Executive Officer

Scientigo, Inc.

By: /s/ C.A. Clark
    ---------------------------
Its: Chief Financial OfficerAMENDED
      AND
      RESTATED

    CREDIT
      AGREEMENT

     

    Dated
      as of
      June 30, 2005

     

    among

     

    BUILDING
      MATERIALS HOLDING CORPORATION,

     

    BMC
      WEST
      CORPORATION

    AND
      OTHER
      SUBSIDIARY GUARANTORS,

     

    WELLS
      FARGO
      BANK, NATIONAL ASSOCIATION,

    as
      Administrative Agent, Co-Lead Arranger, Sole Book Runner and L/C
      Issuer,

     

    SUNTRUST
      BANK,

    as
      Co-Lead
      Arranger and Syndication Agent,

     

    
      JPMORGAN
        CHASE BANK, N.A.,

    

    as
      Co-Documentation Agent,

    
      
         

        LASALLE
          BANK,
          NATIONAL ASSOCIATION,

      

    

    as
      Co-Documentation Agent,

     

    U.S.
      BANK
      NATIONAL ASSOCIATION,

    as
      Co-Documentation Agent,

     

    and

     

    THE
      OTHER
      FINANCIAL INSTITUTIONS PARTY HERETO

     

     

    
      

      

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      TABLE
        OF
        CONTENTS

    

     

    Page

     

    
      
        	
                ARTICLE
                  I

              	
                DEFINITIONS

              	
                2

              
	
                1.01

              	
                Certain
                  Defined Terms

              	
                2

              
	
                1.02

              	
                Other
                  Interpretive Provisions.

              	
                28

              
	
                1.03

              	
                Accounting
                  Principles

              	
                29

              
	
                 

                ARTICLE
                  II

              	
                 

                THE
                  CREDITS

              	
                 

                29

              
	
                2.01

              	
                Amounts
                  and
                  Terms of Commitments and Loans.

              	
                29

              
	
                2.02

              	
                Loan
                  Accounts

              	
                34

              
	
                2.03

              	
                Procedure
                  for
                  Borrowing

              	
                34

              
	
                2.04

              	
                Conversion
                  and Continuation Elections

              	
                35

              
	
                2.05

              	
                Voluntary
                  Termination or Reduction of Commitments

              	
                36

              
	
                2.06

              	
                Swingline
                  Loans

              	
                37

              
	
                2.07

              	
                Optional
                  Prepayments

              	
                39

              
	
                2.08

              	
                Mandatory
                  Prepayments of Loans; Mandatory Commitment Reductions.

              	
                40

              
	
                2.09

              	
                Repayment

              	
                41

              
	
                2.10

              	
                Interest

              	
                42

              
	
                2.11

              	
                Fees

              	
                43

              
	
                2.12

              	
                Computation
                  of Fees and Interest

              	
                43

              
	
                2.13

              	
                Payments
                  by
                  Holdings

              	
                43

              
	
                2.14

              	
                Payments
                  by
                  the Lenders to the Administrative Agent

              	
                44

              
	
                2.15

              	
                Sharing
                  of
                  Payments, Etc.

              	
                45

              
	
                2.16

              	
                Security
                  and
                  Guaranty

              	
                46

              
	
                 

                ARTICLE
                  III

              	
                 

                THE
                  LETTERS
                  OF CREDIT

              	
                 

                46

              
	
                3.01

              	
                The
                  Letter of
                  Credit Subfacility

              	
                46

              
	
                3.02

              	
                Issuance,
                  Amendment and Renewal of Letters of Credit

              	
                48

              
	
                3.03

              	
                Risk
                  Participations, Drawings and Reimbursements

              	
                49

              
	
                3.04

              	
                Repayment
                  of
                  Participations

              	
                51

              
	
                3.05

              	
                Role
                  of the
                  L/C Issuer

              	
                52

              
	
                3.06

              	
                Obligations
                  Absolute

              	
                52

              
	
                3.07

              	
                Cash
                  Collateral Pledge

              	
                53

              
	
                3.08

              	
                Letter
                  of
                  Credit Fees

              	
                54

              
	
                3.09

              	
                Applicability
                  of ISP98 and UCP

              	
                55

              
	
                3.10

              	
                Trade
                  Bank as
                  L/C Issuer

              	
                55

              
	
                 

                ARTICLE
                  IV

              	
                 

                TAXES,
                  YIELD
                  PROTECTION AND ILLEGALITY

              	
                 

                55

              
	
                4.01

              	
                Taxes

              	
                55

              
	
                4.02

              	
                Illegality

              	
                56

              
	
                4.03

              	
                Increased
                  Costs and Reduction of Return

              	
                57

              
	
                4.04

              	
                Funding
                  Losses

              	
                57

              
	
                4.05

              	
                Inability
                  to
                  Determine Rates

              	
                58

              
	
                4.06

              	
                Certificates
                  of Lenders

              	
                58

              

      

       

      
        
          
          

        

        
          i

          
            

          

        

        
          
          

        

      

       

      
        
          TABLE
            OF
            CONTENTS
(continued)

        

         

        Page

      

       

      
        
          	
                  4.07

                	
                  Substitution
                    of Lenders

                	
                  58

                
	
                  4.08

                	
                  Survival

                	
                  59

                
	
                   

                  ARTICLE
                    V

                	
                   

                  CONDITIONS
                    PRECEDENT

                	
                   

                  59

                
	
                  5.01

                	
                  Conditions
                    to
                    Signing Date

                	
                  59

                
	
                  5.02

                	
                  Conditions
                    to
                    Effective Date

                	
                  60

                
	
                  5.03

                	
                  Conditions
                    to
                    each Subsequent Effective Date

                	
                  62

                
	
                  5.04

                	
                  Conditions
                    to
                    All Credit Extensions

                	
                  64

                
	
                   

                  ARTICLE
                    VI

                	
                   

                  REPRESENTATIONS
                    AND WARRANTIES

                	
                   

                  65

                
	
                  6.01

                	
                  Corporate
                    Existence and Power

                	
                  65

                
	
                  6.02

                	
                  Corporate
                    Authorization; No Contravention

                	
                  65

                
	
                  6.03

                	
                  Governmental
                    Authorization

                	
                  65

                
	
                  6.04

                	
                  Binding
                    Effect

                	
                  66

                
	
                  6.05

                	
                  Litigation

                	
                  66

                
	
                  6.06

                	
                  No
                    Defaults

                	
                  66

                
	
                  6.07

                	
                  ERISA
                    Compliance

                	
                  66

                
	
                  6.08

                	
                  Use
                    of
                    Proceeds; Margin Regulations

                	
                  67

                
	
                  6.09

                	
                  Title
                    to
                    Properties; Liens

                	
                  67

                
	
                  6.10

                	
                  Taxes

                	
                  67

                
	
                  6.11

                	
                  Financial
                    Condition

                	
                  67

                
	
                  6.12

                	
                  Environmental
                    Matters

                	
                  68

                
	
                  6.13

                	
                  Collateral
                    Documents.

                	
                  69

                
	
                  6.14

                	
                  Regulated
                    Entities

                	
                  69

                
	
                  6.15

                	
                  No
                    Burdensome
                    Restrictions

                	
                  69

                
	
                  6.16

                	
                  Copyrights,
                    Patents, Trademarks and Licenses, Etc

                	
                  70

                
	
                  6.17

                	
                  Subsidiaries

                	
                  70

                
	
                  6.18

                	
                  Insurance

                	
                  70

                
	
                  6.19

                	
                  Swap
                    Obligations

                	
                  70

                
	
                  6.20

                	
                  Real
                    Property

                	
                  71

                
	
                  6.21

                	
                  Full
                    Disclosure

                	
                  71

                
	
                  6.22

                	
                  Internal
                    Controls

                	
                  71

                
	
                   

                  ARTICLE
                    VII

                	
                   

                  AFFIRMATIVE
                    COVENANTS

                	
                   

                  72

                
	
                  7.01

                	
                  Financial
                    Statements

                	
                  72

                
	
                  7.02

                	
                  Certificates;
                    Other Information

                	
                  72

                
	
                  7.03

                	
                  Notices

                	
                  73

                
	
                  7.04

                	
                  Preservation
                    of Corporate Existence, Etc

                	
                  75

                
	
                  7.05

                	
                  Maintenance
                    of Property

                	
                  75

                
	
                  7.06

                	
                  Insurance

                	
                  76

                
	
                  7.07

                	
                  Payment
                    of
                    Obligations

                	
                  76

                
	
                  7.08

                	
                  Compliance
                    with Laws

                	
                  76

                
	
                  7.09

                	
                  Compliance
                    with ERISA

                	
                  76

                
	
                  7.10

                	
                  Inspection
                    of
                    Property and Books and Records

                	
                  77

                
	
                  7.11

                	
                  Environmental
                    Laws

                	
                  77

                

        

         

        
          
            
            

          

          
            ii

            
              

            

          

          
            
            

          

        

         

        
          
            TABLE
              OF
              CONTENTS
(continued)

          

           

          Page

        

         

        
          
            	
                    7.12

                  	
                    Use
                      of
                      Proceeds

                  	
                    77

                  
	
                    7.13

                  	
                    Additional
                      Guarantors

                  	
                    77

                  
	
                    7.14

                  	
                    Additional
                      Stock Pledges

                  	
                    78

                  
	
                    7.15

                  	
                    Environmental
                      Review

                  	
                    79

                  
	
                    7.16

                  	
                    Further
                      Assurances

                  	
                    79

                  
	
                    7.17

                  	
                    Appraisals/Title
                      Insurance.

                  	
                    80

                  
	
                    7.18

                  	
                    Intercompany
                      Notes

                  	
                    80

                  
	
                     

                    ARTICLE
                      VIII

                  	
                     

                    NEGATIVE
                      COVENANTS

                  	
                     

                    81

                  
	
                    8.01

                  	
                    Limitation
                      on
                      Liens

                  	
                    81

                  
	
                    8.02

                  	
                    Disposition
                      of Assets

                  	
                    83

                  
	
                    8.03

                  	
                    Consolidations
                      and Mergers

                  	
                    84

                  
	
                    8.04

                  	
                    Loans
                      and
                      Investments

                  	
                    84

                  
	
                    8.05

                  	
                    Limitation
                      on
                      Indebtedness

                  	
                    85

                  
	
                    8.06

                  	
                    Transactions
                      with Affiliates

                  	
                    86

                  
	
                    8.07

                  	
                    Use
                      of
                      Proceeds

                  	
                    86

                  
	
                    8.08

                  	
                    Contingent
                      Obligations

                  	
                    87

                  
	
                    8.09

                  	
                    Subsidiaries

                  	
                    87

                  
	
                    8.10

                  	
                    Lease
                      Obligations

                  	
                    87

                  
	
                    8.11

                  	
                    Restricted
                      Payments

                  	
                    87

                  
	
                    8.12

                  	
                    ERISA

                  	
                    88

                  
	
                    8.13

                  	
                    Capital
                      Expenditures

                  	
                    88

                  
	
                    8.14

                  	
                    Sales
                      and
                      Leasebacks

                  	
                    88

                  
	
                    8.15

                  	
                    Certain
                      Payments

                  	
                    89

                  
	
                    8.16

                  	
                    Modification
                      of Subordinated Debt Documents

                  	
                    89

                  
	
                    8.17

                  	
                    Change
                      in
                      Business

                  	
                    89

                  
	
                    8.18

                  	
                    Accounting
                      Changes

                  	
                    89

                  
	
                    8.19

                  	
                    Financial
                      Covenants

                  	
                    89

                  
	
                    8.20

                  	
                    No
                      Restrictions on Subsidiary Dividends

                  	
                    90

                  
	
                     

                    ARTICLE
                      IX

                  	
                     

                    EVENTS
                      OF
                      DEFAULT

                  	
                     

                    90

                  
	
                    9.01

                  	
                    Event
                      of
                      Default

                  	
                    90

                  
	
                    9.02

                  	
                    Remedies

                  	
                    93

                  
	
                    9.03

                  	
                    Specified
                      Swap Contract Remedies

                  	
                    94

                  
	
                     

                    ARTICLE
                      X

                  	
                     

                    THE
                      ADMINISTRATIVE AGENT

                  	
                     

                    94

                  
	
                    10.01

                  	
                    Appointment
                      and Authorization; “Administrative Agent”

                  	
                    94

                  
	
                    10.02

                  	
                    Delegation
                      of
                      Duties

                  	
                    95

                  
	
                    10.03

                  	
                    Liability
                      of
                      Administrative Agent

                  	
                    95

                  
	
                    10.04

                  	
                    Reliance
                      by
                      Administrative Agent

                  	
                    95

                  
	
                    10.05

                  	
                    Notice
                      of
                      Default

                  	
                    96

                  
	
                    10.06

                  	
                    Credit
                      Decision

                  	
                    96

                  
	
                    10.07

                  	
                    Indemnification
                      of Administrative Agent

                  	
                    96

                  
	
                    10.08

                  	
                    Administrative
                      Agent in Individual Capacity

                  	
                    97

                  
	
                    10.09

                  	
                    Successor
                      Administrative Agent

                  	
                    97

                  

          

           

          
            
              
              

            

            
              iii

              
                

              

            

            
              
              

            

          

           

          
            
              TABLE
                OF
                CONTENTS
(continued)

            

             

            Page

          

           

          
            	
                    10.10

                  	
                    Withholding
                      Tax

                  	
                    98

                  
	
                    10.11

                  	
                    Collateral
                      Matters.

                  	
                    99

                  
	
                    10.12

                  	
                    Syndication
                      Agent, Documentation Agent, Co-Lead Arranger, Book Runner

                  	
                    100

                  
	
                    10.13

                  	
                    Administrative
                      Agent May File Proofs of Claim

                  	
                    100

                  
	
                     

                    ARTICLE
                      XI

                  	
                     

                    MISCELLANEOUS

                  	
                     

                    101

                  
	
                    11.01

                  	
                    Amendments
                      and Waivers

                  	
                    101

                  
	
                    11.02

                  	
                    Notices

                  	
                    102

                  
	
                    11.03

                  	
                    No
                      Waiver;
                      Cumulative Remedies

                  	
                    103

                  
	
                    11.04

                  	
                    Costs
                      and
                      Expenses

                  	
                    103

                  
	
                    11.05

                  	
                    Indemnification.

                  	
                    104

                  
	
                    11.06

                  	
                    Marshalling;
                      Payments Set Aside

                  	
                    105

                  
	
                    11.07

                  	
                    Successors
                      and Assigns

                  	
                    105

                  
	
                    11.08

                  	
                    Assignments,
                      Participations, Etc

                  	
                    106

                  
	
                    11.09

                  	
                    Confidentiality

                  	
                    108

                  
	
                    11.10

                  	
                    Set
                      off

                  	
                    108

                  
	
                    11.11

                  	
                    USA
                      PATRIOT
                      Act Notice

                  	
                    109

                  
	
                    11.12

                  	
                    Guaranty

                  	
                    109

                  
	
                    11.13

                  	
                    Notification
                      of Addresses, Lending Offices, Etc

                  	
                    115

                  
	
                    11.14

                  	
                    Counterparts

                  	
                    115

                  
	
                    11.15

                  	
                    Severability

                  	
                    115

                  
	
                    11.16

                  	
                    No
                      Third
                      Parties Benefited

                  	
                    115

                  
	
                    11.17

                  	
                    Governing
                      Law
                      and Jurisdiction

                  	
                    116

                  
	
                    11.18

                  	
                    Waiver
                      of
                      Jury Trial

                  	
                    116

                  
	
                    11.19

                  	
                    Entire
                      Agreement

                  	
                    117

                  
	
                    11.20

                  	
                    Treatment
                      of
                      Existing Credit Agreement

                  	
                    117

                  

          

        

      

    

    
 

    
      
        
        

      

      
        iv

        
          

        

      

      
        
        

      

    

     

    ANNEXES

     

    
      	Annex
              I	Pricing
              Grid
	 	 
	
              SCHEDULES

               

            	 
	
              Schedule 2.01(a)

            	
              Term
                A Loan
                Commitments

            
	
              Schedule 2.01(c)

            	
              Revolving
                Loan Commitments and Proportionate Shares

            
	
              Schedule
                2.09(a)

            	
              Term A
                Loan Amortization Schedule

            
	
              Schedule
                2.09(b)

            	
              Term B
                Loan Amortization Schedule

            
	
              Schedule 6.05

            	
              Litigation

            
	
              Schedule 6.07

            	
              ERISA

            
	
              Schedule 6.11

            	
              Permitted
                Liabilities

            
	
              Schedule 6.12

            	
              Environmental
                Matters

            
	
              Schedule 6.15

            	
              Burdensome
                Restrictions

            
	
              Schedule 6.17

            	
              Subsidiaries
                and Minority Interests

            
	
              Schedule 6.18

            	
              Insurance
                Matters

            
	
              Schedule 6.20

            	
              Owned
                Real
                Property

            
	
              Schedule
                8.01

            	
              Permitted
                Liens

            
	
              Schedule
                8.05

            	
              Permitted
                Indebtedness

            
	
              Schedule
                8.08

            	
              Contingent
                Obligations

            
	
              Schedule
                11.02

               

            	
              Payment
                Offices; Addresses for Notices; Lending Offices

               

            
	
              EXHIBITS

               

            	 
	
              Exhibit A-1

            	
              Form
                of
                Notice of Revolving Borrowing

            
	
              Exhibit A-2

            	
              Form
                of
                Notice of Term Loan Borrowing

            
	
              Exhibit B-1

            	
              Form
                of
                Notice of Revolving Loan Conversion/Continuation

            
	
              Exhibit
                B-2

            	
              Form
                of
                Notice of Term Loan Conversion/Continuation

            
	
              Exhibit
                C

            	
              Form
                of
                Compliance Certificate

            
	
              Exhibit
                D

            	
              Form
                of Legal
                Opinion of Counsel to Loan Parties

            
	
              Exhibit
                E

            	
              Form
                of
                Assignment and Acceptance

            
	
              Exhibit
                F-1

            	
              Form
                of
                Revolving Note

            
	
              Exhibit
                F-2

            	
              Form
                of A
                Term Note

            
	
              Exhibit
                F-3

            	
              Form
                of B
                Term Note

            
	
              Exhibit
                G

            	
              Form
                of
                Additional Guarantor Assumption Agreement

            
	
              Exhibit
                H

            	
              Form
                of Legal
                Opinion of Additional Guarantor’s Counsel

            
	
              Exhibit
                I

            	
              Form
                of
                Security Agreement

            
	
              Exhibit
                J

            	
              Form
                of
                Update Certificate

            
	
              Exhibit
                K

            	
              Form
                of
                Amendment to Deeds of Trust

            

    

    

    
      
        
        

      

      
        v

        
          

        

      

      
        
        

      

    

     

    AMENDED
      AND RESTATED CREDIT AGREEMENT

     

    
      This
        AMENDED AND
        RESTATED CREDIT AGREEMENT (this “Agreement”)
        is entered into
        as of June 30, 2005, by and among (i) BUILDING MATERIALS HOLDING
        CORPORATION, a Delaware corporation (“Holdings”),
        as borrower,
        (ii) BMC WEST CORPORATION, a Delaware corporation (the “Company”),
        and certain
        other affiliates of Holdings, as guarantors, (iii) the several financial
        institutions from time to time party to this Agreement (individually, a
“Lender”
        and,
        collectively, the “Lenders”),
        (iv) SUNTRUST BANK, as Co-Lead Arranger and Syndication Agent,
        (v) JPMORGAN CHASE BANK,
        N.A.,
        as
        Co-Documentation Agent, (vi) LASALLE BANK, NATIONAL ASSOCIATION, as
        Co-Documentation Agent, (vii) U.S. BANK NATIONAL ASSOCIATION, as
        Co-Documentation Agent, and (viii) WELLS FARGO BANK, NATIONAL ASSOCIATION
        (“Wells
        Fargo”),
        as the L/C
        Issuer (as defined herein), the Swingline Lender (as defined herein), the
        administrative agent for the Lenders (in such capacity, the “Administrative
        Agent”),
        and the Sole
        Book Runner and Co-Lead Arranger of the credit facilities described
        herein.

       

    

    RECITALS

     

    A.    WHEREAS,
      Holdings
      previously entered into that certain Credit Agreement, dated as of August 13,
      2003 (as amended, supplemented and otherwise modified prior to the date hereof,
      the “Existing
      Credit
      Agreement”),
      by and among
      (i) Holdings, as borrower, (ii) the Company and certain other
      affiliates of Holdings, as guarantors, (iii) the several financial
      institutions party thereto, as lenders (each, an “Existing
      Lender”
      and,
      collectively, the “Existing
      Lenders”),
      (iv) General Electric Capital Corporation, as co-lead arranger, (v)U.S.
      Bank National Association, as syndication agent, (vi) Union Bank of California,
      N.A. as documentation agent, and (vii) Wells Fargo, as letter of credit issuing
      bank, swingline bank, and administrative agent for the Existing Lenders and
      as
      co - lead arranger of the credit facilities provided therein.

     

    B.    WHEREAS,
      Holdings
      has requested that the Existing Credit Agreement be further amended and restated
      in order to (i) increase the Revolving Commitments initially to
      $300,000,000, which amount may be subsequently increased in accordance with
      the
      terms and conditions hereof, (ii) add Term A Commitments in an
      initial
      aggregate principal amount of $75,000,000, which amount may be subsequently
      increased in accordance with the terms and conditions hereof, (iii) allow
      for additional Term B Loans in accordance with the terms and conditions hereof,
      (iv) replace certain of the Existing Lenders that do not desire to be
      party
      to this Agreement with new financial institutions which desire to be party
      to
      this Agreement as Lenders (collectively, the “New
      Lenders”),
      (v) reallocate the outstanding Obligations among the Existing Lenders
      that
      desire to be party to this Agreement and the New Lenders, and (vi) make
      certain other changes.

     

    C.    WHEREAS,
      the
      parties hereto are willing to so amend and restate the Existing Credit Agreement
      upon the terms and subject to the conditions set forth herein.

     

    AGREEMENT

     

    NOW,
      THEREFORE, in
      consideration of the above Recitals and the mutual agreements, provisions and
      covenants contained herein, the parties hereto hereby agree as
      follows:

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    ARTICLE
      I

     

    DEFINITIONS

     

    1.01  Certain
      Defined
      Terms.  The
      following terms have the following meanings when used herein (including in
      the
      Recitals hereof):

     

    “Acquisition”
      means any
      transaction or series of related transactions for the purpose of or resulting,
      directly or indirectly, in (i) the acquisition of all or substantially
      all
      of the assets of a Person, or of any business or division of a Person,
      (ii) the acquisition of in excess of 50% of the capital stock, partnership
      interests, membership interests or equity of any Person, or otherwise causing
      any Person to become a Subsidiary, or (iii) a merger or consolidation
      or
      any other combination with another Person (other than a Person that is a
      Subsidiary), provided
      that Holdings, the
      Company or an acquiring Subsidiary, as the case may be, is the surviving
      Person.

     

    “Additional
      Lenders”
      means the
      financial institutions (if any) which agree to provide Additional Term A
      Loans, Additional Term B Loans and/or make Additional Revolving Commitments
      to Holdings in accordance with the terms and conditions set forth herein on
      any
      Subsequent Effective Date.

     

    “Additional
      Guarantor Accession Date”
      has the meaning
      specified in Section 7.13.

     

    “Additional
      Guarantor Assumption Agreement”
      has the meaning
      specified in Section 7.13.

     

    “Additional
      Revolving Commitment”
      has the meaning
      specified in Section 2.01(f).

     

    “Additional
      Term A Commitment”
      has the meaning
      specified in Section 2.01(d).

     

    “Additional
      Term A Loan”
      has the meaning
      specified in Section 2.01(d).

     

    “Additional
      Term B Commitment”
      has the meaning
      specified in Section 2.01(e).

     

    “Additional
      Term B Loan”
      has the meaning
      specified in Section 2.01(e).

     

    “Administrative
      Agent”
      has the meaning
      specified in the preamble,
      and any successor
      Administrative Agent arising under Section 10.09.

     

    “Administrative
      Agent Related Persons”
      means Wells Fargo
      and any successor Administrative Agent arising under Section 10.09
      and any L/C Issuer
      hereunder, together with their respective Affiliates (including, in the case
      of
      Wells Fargo, the Co-Lead Arranger), and the officers, directors, employees,
      agents and attorneys-in-fact of such Persons and Affiliates.

     

    “Administrative
      Agent’s Payment Office”
      means the address
      for payments set forth on Schedule
      11.02
      or such other
      address as the Administrative Agent may from time to time specify.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    “Affiliate”
      means, as to any
      Person, any other Person which, directly or indirectly, is in control of, is
      controlled by, or is under common control with, such Person.  A
      Person
      shall be deemed to control another Person if the controlling Person possesses,
      directly or indirectly, the power to direct or cause the direction of the
      management and policies of the other Person, whether through the ownership
      of
      voting securities, membership interests, by contract, or otherwise.

     

    “Aggregate
      Revolving Commitment”
      means the
      combined Revolving Commitments of the Revolving Lenders, which combined
      Revolving Commitments shall not exceed $300,000,000 as of the Effective Date,
      which amount includes both the L/C Commitment and the Swingline Commitment
      and
      which amount may be increased on any Subsequent Effective Date pursuant to
      Section 2.01(f)
      by no more than an
      amount equal to the difference of (i) $150,000,000 minus
      (ii) the
      total of (x) the amount (if any) by which the Aggregate Revolving
      Commitment has been increased on all Subsequent Effective Dates that shall
      have
      occurred prior to the relevant Subsequent Effective Date pursuant to
Section 2.01(f) plus
      (y) the amount (if
      any) by which the Term A Loans have been increased on all Subsequent
      Effective Dates that shall have occurred prior to, or simultaneous with, the
      relevant Subsequent Effective Date pursuant to Section 2.01(d) plus
      (z) the amount (if
      any) by which the Term B Loans have been increased on all Subsequent
      Effective Dates that shall have occurred prior to, or simultaneous with, the
      relevant Subsequent Effective Date pursuant to Section 2.01(e).

     

    “Aggregate
      Term A Commitment”
      means the
      combined Term A Commitments of the Term A Lenders, which Term A
      Commitments shall not exceed $75,000,000 as of the Effective Date.

     

    “Agreement”
      means this Credit
      Agreement.

     

    “Applicable
      Fee
      Amount”
      means with
      respect to the Commitment Fees and Standby Letter of Credit fees payable
      hereunder, the amount set forth opposite the indicated Level below the heading
      “Commitment Fee” or “Letter of Credit Fee,” as applicable, in the pricing grid
      set forth on Annex
      I
      in accordance with the parameters for calculations of such amount also set
      forth
      on Annex
      I.

     

    “Applicable
      Margin”
      means
      (i) with respect to Base Rate Loans and Offshore Rate Loans which are
      either Revolving Loans or Term A Loans, the amount set forth opposite
      the
      indicated Level below the heading “Base Rate Spread or “Offshore Rate Spread” in
      the pricing grid set forth on Annex
      I
      in accordance with the parameters for calculations of such amounts also set
      forth on Annex
      I,
      and (ii) with respect to Term B Loans which are Base Rate Loans,
      1.00%, and with respect to Term B Loans which are Offshore Rate Loans,
      1.75%.

     

    “Assignee”
      has the meaning
      specified in Section 11.08(a).

     

    “Attorney
      Costs”
      means and
      includes all fees and disbursements of any law firm or other external counsel,
      the allocated cost of internal legal services and all disbursements of internal
      counsel.

     

    “Available
      Commitment”
      has the meaning
      specified in Section 2.11(b).

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    “Bankruptcy
      Code”
      means the Federal
      Bankruptcy Reform Act of 1978 (11 U.S.C. §101, et seq.).

     

    “Base
      Rate”
      means, for any
      day, the higher of: (i) 0.50% per annum above the latest Federal Funds
      Rate, and (ii) the rate of interest in effect for such day as publicly
      announced from time to time by Wells Fargo at its principal office in San
      Francisco as its prime rate.  (The prime rate is a rate set by
      Wells
      Fargo based upon various factors including Wells Fargo’s costs and desired
      return, general economic conditions and other factors, and is used as a
      reference point for pricing some loans, which may be priced at, above, or below
      such announced rate.) Any change in the prime rate announced by Wells Fargo
      shall take effect at the opening of business on the day specified in the public
      announcement of such change.

     

    “Base
      Rate
      Loan”
      means a Loan that
      bears interest based on the Base Rate.

     

    “Borrowing”
      means a borrowing
      hereunder consisting of (i) Loans of the same Type made to Holdings
      on the
      same day by the Lenders under Article
      II,
      and, in the case
      of Offshore Rate Loans, having the same Interest Period, (ii) a Swingline
      Loan (or Swingline Loans) made to Holdings on the same day by the Swingline
      Lender, or (iii) an L/C Borrowing.

     

    “Borrowing
      Date”
      means any date on
      which a Borrowing occurs.

     

    “Business
      Day”
      means any day
      other than a Saturday, Sunday or other day on which commercial banks in New
      York
      City or San Francisco are authorized or required by law to close and, if the
      applicable Business Day relates to any Offshore Rate Loan, means such a day
      on
      which dealings are carried on in the London or other applicable offshore Dollar
      interbank market.

     

    “Capital
      Adequacy
      Regulation”
      means any
      guideline, request or directive of any central bank or other Governmental
      Authority, or any other law, rule or regulation, whether or not having the
      force
      of law, in each case, regarding capital adequacy of any bank or of any
      corporation controlling a bank.

     

    “Capital
      Expenditure Annual Limit”
      means, for any
      fiscal year, the sum of (i) $35,000,000 plus
      (ii) 3.0% of
      the aggregate sales reported by all Persons acquired by Holdings or its
      Subsidiaries in such fiscal year pursuant to a Permitted Acquisition, as
      reported by each such acquired Person in its financial statements for such
      Person’s then most recently completed fiscal year, plus
      (iii) the
      amount of proceeds of any Disposition or Event of Loss which are reinvested
      as
      Capital Expenditures within six (6) months of Holdings’ or any Subsidiary’s
      receipt of such proceeds.

     

    “Capital
      Expenditures”
      means, for any
      period, the aggregate of all expenditures (including the current portion of
      Capital Leases) which are required to be capitalized on the consolidated balance
      sheet of Holdings and its Subsidiaries during that period, in accordance with
      GAAP, excluding any such expenditures in respect of Acquisitions permitted
      by
Section 8.04(e).

     

    “Capital
      Lease”
      means, for any
      Person, any lease of property (whether real, personal or mixed) which, in
      accordance with GAAP, would, at the time a determination is made, be required
      to
      be recorded as a capital lease in respect of which such Person is liable as
      lessee.

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    “Cash
      Collateralize”
      means to pledge
      and deposit with or deliver to the Administrative Agent, for the benefit of
      the
      Administrative Agent, the L/C Issuer and the Revolving Lenders, as additional
      collateral for the Obligations pursuant to the Loan Documents, cash or deposit
      account balances.  Derivatives of such term shall have corresponding
      meaning.

     

    “Change
      of
      Control”
      means an event or
      series of events by which:

     

    (a)  any
“person”
      or
“group” (as such terms are used in Sections 13(d) and 14(d) of the Securities
      Exchange Act of 1934, but excluding any employee benefit plan of such person
      or
      its subsidiaries, and any person or entity acting in its capacity as trustee,
      agent or other fiduciary or administrator of any such plan) becomes the
“beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Securities
      Exchange Act of 1934, except that a person or group shall be deemed to have
      “beneficial ownership” of all securities that such person or group has the right
      to acquire (such right, an “option
      right”),
      whether such
      right is exercisable immediately or only after the passage of time), directly
      or
      indirectly, of 20% or more of the equity securities of Holdings entitled to
      vote
      for members of the board of directors or equivalent governing body of Holdings
      on a fully-diluted basis (and taking into account all such securities that
      such
      person or group has the right to acquire pursuant to any option
      right);

     

    (b)  during
      any period
      of 12 consecutive months, a majority of the members of the board of directors
      or
      other equivalent governing body of Holdings cease to be composed of individuals
      (i) who were members of that board or equivalent governing body on the
      first day of such period, (ii) whose election or nomination to that
      board
      or equivalent governing body was approved by individuals referred to in clause
      (i) above constituting at the time of such election or nomination at
      least
      a majority of that board or equivalent governing body or (iii) whose
      election or nomination to that board or other equivalent governing body was
      approved by individuals referred to in clauses (i) and (ii) above
      constituting at the time of such election or nomination at least a majority
      of
      that board or equivalent governing body (excluding, in the case of both clause
      (ii) and clause (iii), any individual whose initial nomination for,
      or
      assumption of office as, a member of that board or equivalent governing body
      occurs as a result of an actual or threatened solicitation of proxies or
      consents for the election or removal of one or more directors by any person
      or
      group other than a solicitation for the election of one or more directors by
      or
      on behalf of the board of directors); or

     

    (c)  any
      Person or two
      or more Persons acting in concert shall have acquired by contract or otherwise,
      or shall have entered into a contract that, upon consummation thereof, will
      result in its or their acquisition of the power to exercise, directly or
      indirectly, a controlling influence over the management or policies of Holdings,
      or control over the equity securities of Holdings entitled to vote for members
      of the board of directors or equivalent governing body of Holdings on a
      fully-diluted basis (and taking into account all such securities that such
      Person or group has the right to acquire pursuant to any option right)
      representing 20% or more of the combined voting power of such
      securities.

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

    “Co-Lead
      Arranger”
      means each of
      Wells Fargo Bank and SunTrust Bank, each in their respective capacity as Co-Lead
      Arranger and Co-Book Manager.

     

    “Code”
      means the
      Internal Revenue Code of 1986.

     

    “Collateral”
      means all
      tangible and intangible property and interests in property and proceeds thereof
      now owned or hereafter acquired by Holdings or any Guarantor in or upon which
      a
      Lien (i) existed in favor of the Administrative Agent and the Existing
      Lenders party to the Existing Credit Agreement immediately prior to the
      Effective Date, or (ii) now or hereafter exists in favor of the Lenders,
      or
      the Administrative Agent on behalf of the Lenders, on and after the Effective
      Date, whether under this Agreement or under any other Collateral
      Documents.

     

    “Collateral
      Documents”
      mean,
      collectively, (i) the Security Agreement, the Intellectual Property
      Security Agreements, the Mortgages and all other security agreements, mortgages,
      deeds of trust, patent and trademark assignments, lease assignments, control
      agreements and other similar agreements between Holdings or any Guarantor and
      the Lenders, or the Administrative Agent for the benefit of the Lenders, now
      or
      hereafter delivered to the Lenders or the Administrative Agent pursuant to
      or in
      connection with the transactions contemplated hereby, and all financing
      statements (or comparable documents now or hereafter filed in accordance with
      the Uniform Commercial Code or comparable law) against Holdings or any Guarantor
      as debtor in favor of the Lenders, or the Administrative Agent for the benefit
      of the Lenders, as secured party, and (ii) any amendments, supplements,
      modifications, renewals, replacements, consolidations, substitutions and
      extensions of any of the foregoing.

     

    “Commercial
      Letter of Credit”
      means a
      commercial Letter of Credit Issued for the account of Holdings in respect of
      the
      purchase of inventory or other goods and services by Holdings or any of its
      Subsidiaries in the ordinary course of business.

     

    “Commitment,”
      as to each
      Lender, means the sum of its Revolving Commitment (including its Additional
      Revolving Commitment, if any), Term A Commitment, Additional Term A
      Commitment, if any, and Additional Term B Commitment, if any.

     

    “Commitment
      Fees”
      has the meaning
      specified in Section 2.11(b).

     

    “Company”
      has the meaning
      specified in the preamble.

     

    “Compliance
      Certificate”
      means a
      certificate substantially in the form of Exhibit C.

     

    “Consolidated
      Net
      Worth”
      means, as of the
      date of determination, the consolidated shareholders’ equity of Holdings and its
      Subsidiaries, as determined in accordance with GAAP.

     

    “Consolidated
      Net
      Income”
      means, as of the
      date of determination, the consolidated net income of Holdings and its
      Subsidiaries, as determined in accordance with GAAP.

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

    “Consolidated
      Total Assets”
      means, as of the
      date of determination, the consolidated total assets of Holdings and its
      Subsidiaries, as determined in accordance with GAAP.

     

    “Contingent
      Obligation”
      means (without
      duplication), as to any Person, any direct or indirect liability of that Person,
      whether or not contingent, with or without recourse, (i) with respect
      to
      any Indebtedness, lease, dividend, letter of credit or other obligation (the
      “primary
      obligations”)
      of another
      Person (the “primary
      obligor”),
      including any
      obligation of that Person (a) to purchase, repurchase or otherwise acquire
      such
      primary obligations or any security therefor, (b) to advance or provide funds
      for the payment or discharge of any such primary obligation, or to maintain
      working capital or equity capital of the primary obligor or otherwise to
      maintain the net worth or solvency or any balance sheet item, level of income
      or
      financial condition of the primary obligor, (c) to purchase property, securities
      or services primarily for the purpose of assuring the owner of any such primary
      obligation of the ability of the primary obligor to make payment of such primary
      obligation, (d) in connection with any synthetic lease or other similar off
      balance sheet lease transaction, or (e) otherwise to assure or hold harmless
      the
      holder of any such primary obligation against loss in respect thereof (each
      a
“Guaranty
      Obligation”);
      (ii) with
      respect to any Surety Instrument issued for the account of that Person or as
      to
      which that Person is otherwise liable for reimbursement of drawings or payments;
      (iii) to purchase any materials, supplies or other property from, or
      to
      obtain the services of, another Person if the relevant contract or other related
      document or obligation requires that payment for such materials, supplies or
      other property, or for such services, shall be made regardless of whether
      delivery of such materials, supplies or other property is ever made or tendered,
      or such services are ever performed or tendered; (iv) in respect of
      Earn-Out Obligations; (v) in respect of any Swap Contract; and (vi) in
      respect of Stock Price Guaranties.  The amount of any Contingent
      Obligation shall, in the case of Guaranty Obligations, be deemed equal to the
      stated or determinable amount of the primary obligation in respect of which
      such
      Guaranty Obligation is made or, if not stated or if indeterminable, the maximum
      reasonably anticipated liability in respect thereof, and in the case of other
      Contingent Obligations other than in respect of Swap Contracts, shall be equal
      to the maximum reasonably anticipated liability in respect thereof and, in
      the
      case of Contingent Obligations in respect of Swap Contracts, shall be equal
      to
      the Swap Termination Value.

     

    “Contractual
      Obligation”
      means, as to any
      Person, any provision of any security issued by such Person or of any agreement,
      undertaking, contract, indenture, mortgage, deed of trust or other instrument,
      document or agreement to which such Person is a party or by which it or any
      of
      its property is bound.

     

    “Conversion/Continuation
      Date”
      means any date on
      which, under Section 2.04,
      Holdings
      (i) converts Loans of one Type to another Type, or (ii) continues
      as
      Loans of the same Type, but with a new Interest Period, Loans having Interest
      Periods expiring on such date.

     

    “Credit
      Extension”
      means and
      includes (i) the making of any Revolving Loans, Term A Loans,
      Term B Loans or Swingline Loans hereunder, and (ii) the Issuance
      of
      any Letters of Credit hereunder.

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

    “Deed
      of Trust
      Amendments”
      means,
      collectively, those certain Deeds of Trust, First Amendments to Deeds of Trust,
      Second Amendments to Deeds of Trust and Third Amendments to Deeds of Trust,
      each
      dated as of the Effective Date, among each Loan Party party thereto and the
      Administrative Agent in substantially the form of Exhibit K or such
      other
      form as may be agreed to by such Loan Party and the Administrative
      Agent.

     

    “Default”
      means any event
      or circumstance which, with the giving of notice, the lapse of time, or both,
      would constitute an Event of Default.

     

    “Defaulting
      Lender”
      means a Lender
      that has failed to fund its portion of any Borrowing that it is required to
      fund
      under this Agreement and has continued in such failure for three (3) Business
      Days after written notice from the Administrative Agent.

     

    “Departing
      Revolving Lender”
      means any
      Existing Lender that (i) has a Revolving Commitment under the Existing
      Credit Agreement and (ii) does not desire to be party to this
      Agreement.

     

    “Departing
      Term B Lender”
      means any
      Existing Lender that (i) has made a Term B Loan under the Existing
      Credit Agreement and (ii) does not desire to be party to this
      Agreement.

     

    “Disposition”
      means the sale,
      lease, conveyance or other disposition of property, other than sales or other
      dispositions expressly permitted under Sections
      8.02(a)
      through
8.02(g).

     

    “Disposition
      Value”
      means the
      aggregate net book value of all assets sold, transferred, leased or disposed
      of
      in any transaction, determined as of the date of such transfer or proposed
      transfer thereof. 

     

    “Dollars,”“dollars”
      and “$”
      each mean lawful
      money of the United States.

     

    “Earn-out
      Obligations”
      means any
      obligations, whether contingent or matured, to pay additional consideration
      in
      connection with the Acquisition by Holdings or any Subsidiary of any capital
      stock or assets of any Person.

     

    “EBITA”
      means, for any
      period, for Holdings and its Subsidiaries, the sum of consolidated net income
      of
      Holdings and its Subsidiaries for such period (exclusive of extraordinary gains
      and losses and exclusive of earnings from Minority Investments but including
      earnings from Wholly-Owned Subsidiaries and Non-Wholly-Owned Subsidiaries (but
      in the case of Non-Wholly-Owned Subsidiaries, only to the extent of the ratable
      portion of ownership by Holdings or any Wholly-Owned Subsidiaries of Holdings
      in
      such Non-Wholly-Owned Subsidiaries)) plus
      (to the extent
      deducted in determining consolidated net income) (i) Interest Expense
      for
      such period, (ii) income tax expense for such period,
      (iii) amortization expense and other non-cash expenses for such period
      (other than depreciation expense) and (iv) cash distributions in respect
      of
      Minority Investments, in each case, measured in accordance with
      GAAP.

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

    “EBITDA”
      means, for any
      period, for Holdings and its Subsidiaries, the sum of consolidated net income
      of
      Holdings and its Subsidiaries for such period (exclusive of extraordinary gains
      and losses and exclusive of earnings from Minority Investments but including
      earnings from Wholly-Owned Subsidiaries and Non-Wholly-Owned Subsidiaries (but
      in the case of Non-Wholly-Owned Subsidiaries, only to the extent of the ratable
      portion of ownership by Holdings or any Wholly-Owned Subsidiaries of Holdings
      in
      such Non-Wholly-Owned Subsidiaries)) plus
      (to the extent
      deducted in determining consolidated net income) (i) Interest Expense
      for
      such period, (ii) income tax expense for such period,
      (iii) depreciation expense, amortization expense and other non-cash
      expenses for such period and (iv) cash distributions in respect of Minority
      Investments, in each case, measured in accordance with GAAP.  For
      purposes of determining the consolidated EBITDA of Holdings and its Subsidiaries
      hereunder for purposes of calculating the EBITDA Ratio hereunder, EBITDA shall
      be adjusted upon the Permitted Acquisition of any acquired Subsidiary (the
      “Acquiree”)
      (A) to include
      the historical financial results of such Acquiree for the four fiscal quarter
      period (“Calculation
      Period”)
      for which
      Holdings’ consolidated EBITDA is calculated hereunder, until such time as the
      first day of any Calculation Period falls on or after the date on which the
      Acquisition of such Acquiree is consummated; and (B) to exclude any specific,
      identifiable expense items which are eliminated as a result of the Permitted
      Acquisition of such Acquiree at the closing thereof, provided
      that, if
      available, audited financial statements accompanied by an unqualified opinion
      of
      an Independent Auditor are delivered to the Administrative Agent and the Lenders
      in respect of such Acquiree for the then most recent fiscal year of such
      Acquiree, and provided further
      that Holdings
      shall have delivered a certificate of a Responsible Officer clearly setting
      forth such pro forma
      additions and
      exclusions to consolidated EBITDA resulting from the Permitted Acquisition
      of
      such Acquiree.

     

    “EBITDA
      Ratio”
      means, as of the
      end of any fiscal quarter, measured on a consolidated basis for Holdings and
      its
      Subsidiaries as of such date, the ratio of (i) Total Funded Debt existing
      on such date to (ii) EBITDA for the period of four fiscal quarters ending
      on such date.

     

    “Effective
      Amount”
      means
      (i) with respect to any Revolving Loans, Term A Loans, Term B
      Loans and Swingline Loans on any date, the aggregate outstanding principal
      amount thereof after giving effect to any Borrowings and prepayments or
      repayments of Revolving Loans, Term A Loans, Term B Loans and
      Swingline Loans occurring on such date; and (ii) with respect to any
      outstanding L/C Obligations on any date, the amount of such L/C Obligations
      on
      such date after giving effect to any Issuances of Letters of Credit occurring
      on
      such date and any other changes in the aggregate amount of the L/C Obligations
      as of such date, including as a result of any reimbursements of outstanding
      unpaid drawings under any Letters of Credit or any reductions in the maximum
      amount available for drawing under Letters of Credit taking effect on such
      date;
provided
      that for purposes
      of Section 2.08,
      the Effective
      Amount shall be determined without giving effect to any mandatory prepayments
      to
      be made under Section 2.08.

     

    “Effective
      Date”
      means the date on
      which all conditions precedent set forth in Section 5.02
      are satisfied or
      waived by all of the Lenders (or, in the case of Section 5.02(c),
      waived by the
      Person entitled to receive such payment) which date shall not be later than
      September 15, 2005.

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

    “Eligible
      Assignee”
      means (i) a
      commercial bank or licensed lending institution organized under the laws of
      the
      United States, or any state thereof, and having a combined capital and surplus
      of at least $100,000,000; (ii) a commercial bank organized under the
      laws
      of any other country which is a member of the Organization for Economic
      Cooperation and Development (the “OECD”),
      or a political
      subdivision of any such country, and having a combined capital and surplus
      of at
      least $100,000,000, provided
      that such bank is
      acting through a branch or agency located in the United States; (iii) a
      Financial Institution, including, without limitation, a fund, that invests
      in
      and holds bank loans and (iv) a Person that is primarily engaged in
      the
      business of commercial lending and that is (a) a Subsidiary of a Lender, (b)
      a
      Subsidiary of a Person of which a Lender is a Subsidiary, or (c) a Person of
      which a Lender is a Subsidiary.

     

    “Environmental
      Claims”
      means all claims,
      however asserted, by any Governmental Authority or other Person alleging
      potential liability or responsibility for violation of any Environmental Law,
      or
      for release or injury to the environment or threat to public health, personal
      injury (including sickness, disease or death), property damage, natural
      resources damage, or otherwise alleging liability or responsibility for damages
      (punitive or otherwise), cleanup, removal, remedial or response costs,
      restitution, civil or criminal penalties, injunctive relief, or other type
      of
      relief, resulting from or based upon the presence, placement, discharge,
      emission or release (including intentional and unintentional, negligent and
      non-negligent, sudden or non-sudden, accidental or non-accidental, placement,
      spills, leaks, discharges, emissions or releases) of any Hazardous Material
      at,
      in, or from any property, whether or not owned by Holdings or any
      Subsidiary.

     

    “Environmental
      Laws”
      means all
      federal, state or local laws, statutes, common law duties, rules, regulations,
      ordinances and codes, together with all administrative orders, directed duties,
      requests, licenses, authorizations and permits of, and agreements with, any
      Governmental Authorities, in each case relating to environmental, health, safety
      and land use matters; including the Comprehensive Environmental Response,
      Compensation and Liability Act of 1980 (“CERCLA”),
      the Clean Air
      Act, the Federal Water Pollution Control Act of 1972, the Solid Waste Disposal
      Act, the Federal Resource Conservation and Recovery Act, the Toxic Substances
      Control Act, the Emergency Planning and Community Right-to-Know Act, the
      California Hazardous Waste Control Law, the California Solid Waste Management,
      Resource, Recovery and Recycling Act, the California Water Code and the
      California Health and Safety Code.

     

    “ERISA”
      means the
      Employee Retirement Income Security Act of 1974.

     

    “ERISA
      Affiliate”
      means any trade
      or business (whether or not incorporated) under common control with Holdings
      or
      the Company within the meaning of section 414(b) or (c) of the Code (and
      sections 414(m) and (o) of the Code for purposes of provisions relating to
      section 412 of the Code).

     

    “ERISA
      Event”
      means (i) a
      Reportable Event with respect to a Pension Plan; (ii) a withdrawal by
      Holdings, the Company or any ERISA Affiliate from a Pension Plan subject to
      section 4063 of ERISA during a plan year in which it was a substantial employer
      (as defined in section 4001(a)(2) of ERISA) or a cessation of operations which
      is treated as such a withdrawal under section 4062(e) of ERISA; (iii) a
      complete or partial withdrawal by Holdings, the Company or any ERISA Affiliate
      from a Multiemployer Plan or notification that a Multiemployer Plan is in
      reorganization; (iv) the filing of a notice of intent to terminate,
      the
      treatment of a Plan amendment as a termination under section 4041 or 4041A
      of
      ERISA, or the commencement of proceedings by the PBGC to terminate a Pension
      Plan or Multiemployer Plan; (v) an event or condition which might
      reasonably be expected to constitute grounds under section 4042 of ERISA for
      the
      termination of, or the appointment of a trustee to administer, any Pension
      Plan
      or Multiemployer Plan; or (vi) the imposition of any liability under
      Title
      IV of ERISA, other than PBGC premiums due but not delinquent under section
      4007
      of ERISA, upon Holdings, the Company or any ERISA Affiliate.

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

    “Estimated
      Remediation Costs”
      means all costs
      associated with performing work to remediate contamination of real property
      or
      groundwater, including engineering and other professional fees and expenses,
      costs to remove, transport and dispose of contaminated soil, costs to “cap” or
      otherwise contain contaminated soil, and costs to pump and treat water and
      monitor water quality.

     

    “Eurodollar
      Reserve Percentage”
      has the meaning
      specified in the definition of “Offshore Rate.”

     

    “Event
      of
      Default”
      means any of the
      events or circumstances specified in Section 9.01.

     

    “Event
      of
      Loss”
      means, with
      respect to any property, any of the following: (i) any loss, destruction
      or
      damage of such property; (ii) any pending or threatened institution
      of any
      proceedings for the condemnation or seizure of such property or for the exercise
      of any right of eminent domain; or (iii) any actual condemnation, seizure
      or taking, by exercise of the power of eminent domain or otherwise, of such
      property, or confiscation of such property or the requisition of the use of
      such
      property.

     

    “Exchange
      Act”
      means the
      Securities Exchange Act of 1934.

     

    “Existing
      Credit
      Agreement”
      has the meaning
      specified in Recital A.

     

    “Existing
      Lender”
      has the meaning
      specified in Recital A.

     

    “Federal
      Funds
      Rate”
      means, for any
      day, the rate set forth in the weekly statistical release designated as
      H.15(519), or any successor publication, published by the Federal Reserve Bank
      of New York with respect to the preceding Business Day opposite the caption
      “Federal Funds (Effective)”; or, if for any relevant day such rate is not so
      published with respect to any such preceding Business Day, the rate for such
      day
      will be the arithmetic mean as determined by the Administrative Agent of the
      rates for the last transaction in overnight Federal funds arranged prior to
      9:00
      a.m. (New York City time) on that day by each of three leading brokers of
      Federal funds transactions in New York City selected by the Administrative
      Agent.

     

    “Fee
      Letter”
      has the meaning
      specified in Section 2.11(a).

     

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

    “Financial
      Institution”
      means a Person
      which, for purposes of Section 25118 of the Corporations Code of the
      State
      of California, has the capacity to protect its own interests in connection
      with
      the transactions contemplated by this Agreement.

     

    “FRB”
      means the Board
      of Governors of the Federal Reserve System, and any Governmental Authority
      succeeding to any of its principal functions.

     

    “Funded
      Debt”
      means, as of any
      date of determination, all (x) indebtedness for borrowed money plus
      (y) reimbursement
      obligations in respect of Surety Instruments plus
      (z) obligations in respect of Capital Leases, in each case of Holdings
      and
      its Subsidiaries on such date, on a consolidated basis in accordance with GAAP,
      including all Revolving Loans, Term A Loans, Term B Loans, Swingline
      Loans and L/C Borrowings, but excluding all L/C Obligations specified in clause
      (i) of the definition thereof.

     

    “Further
      Taxes”
      means any and all
      present or future taxes, levies, assessments, imposts, duties, deductions,
      fees,
      withholdings or similar charges (including net income taxes and franchise
      taxes), and all liabilities with respect thereto, imposed by any jurisdiction
      on
      account of amounts payable or paid pursuant to Section 4.01.

     

    “GAAP”
      means generally
      accepted accounting principles set forth from time to time in the opinions
      and
      pronouncements of the Accounting Principles Board and the American Institute
      of
      Certified Public Accountants and statements and pronouncements of the Financial
      Accounting Standards Board (or agencies with similar functions of comparable
      stature and authority within the U.S. accounting profession), which are
      applicable to the circumstances as of the date of determination, subject to
      Section 1.03.

     

    “Governmental
      Authority”
      means any nation
      or government, any state or other political subdivision thereof, any central
      bank (or similar monetary or regulatory authority) thereof, any entity
      exercising executive, legislative, judicial, regulatory or administrative
      functions of or pertaining to government, and any corporation or other entity
      owned or controlled, through stock or capital ownership or otherwise, by any
      of
      the foregoing.

     

    “Guarantor”
      means each direct
      or indirect U.S. Wholly-Owned Subsidiary of Holdings that currently exists
      or is
      hereafter acquired or created and which is a party to a Guaranty in its capacity
      as a guarantor of the Obligations, and shall include the Company and each U.S.
      Wholly-Owned Subsidiary of Holdings party hereto; provided,
however,
      that in no event
      shall (i) the definition of Guarantor include BMC Insurance, Inc. and (ii)
      any
      Guarantor be released of its obligations under any Guaranty by operation of
      any
      disposition of the equity thereof.

     

    “Guaranty”
      means the
      guaranty of each Guarantor made pursuant to Section 11.12
      and any other
      guaranty under any separate agreement executed by any Guarantor pursuant to
      which it guarantees the Obligations.

     

    “Guaranty
      Obligation”
      has the meaning
      specified in the definition of “Contingent Obligation.”

     

    
      
        
        

      

      
        12

        
          

        

      

      
        
        

      

    

    “Hazardous
      Materials”
      means all those
      substances that are regulated by, or which may form the basis of liability
      under, any Environmental Law, including any substance identified under any
      Environmental Law as a pollutant, contaminant, hazardous waste, hazardous
      constituent, special waste, hazardous substance, hazardous material, or toxic
      substance, or petroleum or petroleum derived substance or waste.

     

    “Holdings”
      has the meaning
      specified in the preamble.

     

    “Honor
      Date”
      has the meaning
      specified in Section 3.03(b).

     

    “Indebtedness”
      of any Person
      means, without duplication, (i) all indebtedness for borrowed money;
      (ii) all obligations issued, undertaken or assumed as the deferred purchase
      price of property or services (other than trade payables entered into in the
      ordinary course of business on ordinary terms and (x) not past due for more
      than
      120 days or (y) if past due for more than 120 days, are being contested in
      good
      faith with any reserves as may be required by GAAP made therefor, but including
      all non-contingent Earn-Out Obligations); (iii) all reimbursement or
      payment obligations with respect to Surety Instruments (contingent or
      otherwise); (iv) all obligations evidenced by notes, bonds, debentures
      or
      similar instruments, including obligations so evidenced incurred in connection
      with the acquisition of property, assets or businesses; (v) all
      indebtedness created or arising under any conditional sale or other title
      retention agreement, or incurred as financing, in either case with respect
      to
      property acquired by the Person (even though the rights and remedies of the
      seller or bank under such agreement in the event of default are limited to
      repossession or sale of such property); (vi) all obligations with respect
      to Capital Leases; (vii) all indebtedness referred to in clauses
      (i) through (vi) above secured by (or for which the holder of
      such
      Indebtedness has an existing right, contingent or otherwise, to be secured
      by)
      any Lien upon or in property (including accounts and contracts rights) owned
      by
      such Person, even though such Person has not assumed or become liable for the
      payment of such Indebtedness; (viii) all Guaranty Obligations in respect
      of
      indebtedness or obligations of others of the kinds referred to in clauses
      (i) through (vii) above; and (ix) all Stock Price Guaranties
      having a tenor of six (6) months or more or exceeding $2,000,000 in the
      aggregate for all Stock Price Guaranties then outstanding.  For
      all
      purposes of this Agreement, the Indebtedness of any Person shall include all
      recourse Indebtedness of any partnership or joint venture or limited liability
      company in which such Person is a general partner or a joint venturer or a
      member.

     

    “Indemnified
      Liabilities”
      has the meaning
      specified in Section 11.05(a).

     

    “Indemnified
      Person”
      has the meaning
      specified in Section 11.05(a).

     

    “Independent
      Auditor”
      has the meaning
      specified in Section 7.01(a).

     

    “Insolvency
      Proceeding”
      means, with
      respect to any Person, (i) any case, action or proceeding with respect
      to
      such Person before any court or other Governmental Authority relating to
      bankruptcy, reorganization, insolvency, liquidation, receivership, dissolution,
      winding-up or relief of debtors, or (ii) any general assignment for
      the
      benefit of creditors, composition, marshalling of assets for creditors, or
      other, similar arrangement in respect of its creditors generally or any
      substantial portion of its creditors; in either case undertaken under U.S.
      Federal, state or foreign law, including the Bankruptcy Code.

     

    
      
        
        

      

      
        13

        
          

        

      

      
        
        

      

    

    “Intellectual
      Property Security Agreement”
      has the meaning
      specified in the Security Agreement.

     

    “Interest
      Expense”
      means, for any
      period, for Holdings and its Subsidiaries in accordance with GAAP, all interest
      in respect of Indebtedness accrued or capitalized during such period (whether
      or
      not actually paid during such period).

     

    “Interest
      Payment
      Date”
      means,
      (i) as to any Offshore Rate Loan, the last day of each Interest Period
      applicable to such Loan, (ii) as to any Base Rate Loan, the last Business
      Day of each calendar quarter and the Revolving Loan Maturity Date (in the case
      of Revolving Loans), the Term A Loan Maturity Date (in the case of
      Term A Loans), and the Term B Loan Maturity Date (in the case
      of
      Term B Loans) and (iii) as to any Swingline Loan, each of the
      last
      Business Day of each calendar quarter and the Revolving Loan Maturity Date;
      provided,
however,
      that if any
      Interest Period for an Offshore Rate Loan exceeds three months, the date that
      falls three months after the beginning of such Interest Period and after each
      Interest Payment Date thereafter is also an Interest Payment Date.

     

    “Interest
      Period”
      means, as to any
      Offshore Rate Loan, the period commencing on the Borrowing Date of such Loan
      or
      on the Conversion/Continuation Date on which the Loan is converted into or
      continued as an Offshore Rate Loan, and ending on the date one, two, three
      or
      six months thereafter, as selected by Holdings in its Notice of Borrowing or
      Notice of Conversion/Continuation; provided
      that:

     

    (i)  if
      any Interest
      Period would otherwise end on a day that is not a Business Day, that Interest
      Period shall be extended to the following Business Day unless, in the case
      of an
      Offshore Rate Loan, the result of such extension would be to carry such Interest
      Period into another calendar month, in which event such Interest Period shall
      end on the preceding Business Day;

     

    (ii)  any
      Interest Period
      pertaining to an Offshore Rate Loan that begins on the last Business Day of
      a
      calendar month (or on a day for which there is no numerically corresponding
      day
      in the calendar month at the end of such Interest Period) shall end on the
      last
      Business Day of the calendar month at the end of such Interest Period;
      and

     

    (iii)  no
      interest Period
      for any Term A Loan shall extend beyond the Term A Loan Maturity
      Date,
      no Interest Period for any Term B Loan shall extend beyond the Term B
      Loan Maturity Date and no Interest Period for any Revolving Loan shall extend
      beyond the Revolving Loan Maturity Date; and

     

    (iv)  no
      Interest Period
      applicable to a Term A Loan or Term B Loan or portion thereof
      shall
      extend beyond any date upon which is due any scheduled principal payment in
      respect of such Term A Loan or Term B Loan unless the aggregate
      principal amount of such Term A Loan or such Term B Loans represented
      by Base Rate Loan or Offshore Rate Loans having Interest Periods that will
      expire on or before such date, equals or exceeds the amount of such principal
      payment.

     

    
      
        
        

      

      
        14

        
          

        

      

      
        
        

      

    

    “Investment”
      has the meaning
      specified in Section 8.04.

     

    “IRS”
      means the
      Internal Revenue Service, and any Governmental Authority succeeding to any
      of
      its principal functions under the Code.

     

    “Issuance
      Date”
      has the meaning
      specified in Section 3.01(a).

     

    “Issue”
      means, with
      respect to any Letter of Credit, to issue or to extend the expiry of, or to
      renew or increase the amount of or otherwise amend, such Letter of Credit;
      and
      the terms “Issued,”“Issuing”
      and “Issuance”
      have
      corresponding meanings.

     

    “L/C
      Advance”
      means each
      Revolving Lender’s participation in any L/C Borrowing in accordance with its
      Proportionate Share.

     

    “L/C
      Amendment
      Application”
      means an
      application form for amendment of outstanding Standby or Commercial Letters
      of
      Credit as shall at any time be in use at the L/C Issuer, as the L/C Issuer
      shall
      request.

     

    “L/C
      Application”
      means an
      application form for issuances of Standby or Commercial Letters of Credit as
      shall at any time be in use at the L/C Issuer, as the L/C Issuer shall
      request.

     

    “L/C
      Borrowing”
      means an
      extension of credit resulting from a drawing under any Letter of Credit which
      shall not have been reimbursed on the date when made nor converted into a
      Borrowing of Revolving Loans under Section 3.03(c).

     

    “L/C
      Commitment”
      means the
      commitment of the L/C Issuer to Issue, and the commitment of the Revolving
      Lenders severally to participate in, Letters of Credit from time to time Issued
      or outstanding under Article
      III,
      in an aggregate
      amount not to exceed on any date the amount of $100,000,000, as the same shall
      be reduced as a result of a reduction in the L/C Commitment pursuant to
Section 2.05
      or Section 2.08;
provided
      that the L/C
      Commitment is a part of the combined Revolving Commitments of the Revolving
      Lenders rather than a separate, independent commitment; and provided further
      that if as a
      result of any Commitment reductions hereunder the L/C Commitment shall exceed
      the combined Revolving Commitments of the Revolving Lenders, the L/C Commitment
      shall automatically reduce by the amount of such excess.

     

    “L/C
      Issuer”
      means Wells Fargo
      (or Trade Bank, as agent for Wells Fargo) in its capacity as issuer of one
      or
      more Letters of Credit hereunder, together with any replacement letter of credit
      issuer arising under Section 10.01(b)
      or Section 10.09.

     

    “L/C
      Obligations”
      means at any time
      the sum of (i) the aggregate undrawn amount of all Letters of Credit
      then
      outstanding, plus
      (ii) the
      amount of all unreimbursed drawings under all Letters of Credit, including
      all
      outstanding L/C Borrowings.

     

    
      
        
        

      

      
        15

        
          

        

      

      
        
        

      

    

    “L/C-Related
      Documents”
      means the Letters
      of Credit, the L/C Applications, the L/C Amendment Applications and any other
      documents relating to any Letter of Credit, including any of the L/C Issuer’s
      standard form documents for letter of credit issuances.

     

    “Lender”
      has the meaning
      specified in the preamble,
      and includes
      Revolving Lenders, Term A Lenders and Term B Lenders, provided,
however,
      that from and
      after any Subsequent Effective Date, any Additional Lenders shall also be deemed
      “Lenders”
      for all purposes
      hereunder.  References to the “Lenders”
      shall include
      Wells Fargo, including in its capacity as L/C Issuer and Swingline Lender;
      for
      purposes of clarification only, to the extent that Wells Fargo may have any
      rights or obligations in addition to those of the Lenders due to its status
      as
      L/C Issuer or Swingline Lender, its status as such will be specifically
      referenced.  Unless the context otherwise clearly requires,
“Lender”
      includes any such
      institution in its capacity as Swap Provider.  Unless the context
      otherwise clearly requires, references to any such institution as a
“Lender”
      shall also
      include any of such institution’s Affiliates that may at any time of
      determination be Swap Providers.

     

    “Lending
      Office”
      means, as to any
      Lender, the office or offices of such Lender specified as its “Lending Office”
      or “Domestic Lending Office” or “Offshore Lending Office,” as the case may be,
      on Schedule
      11.02,
      or such other
      office or offices as such Lender may from time to time notify to Holdings and
      the Administrative Agent.

     

    “Letters
      of
      Credit”
      means any letters
      of credit Issued by the L/C Issuer pursuant to Article
      III
      (which may be
      Commercial Letters of Credit or Standby Letters of Credit).

     

    “Lien”
      means any
      security interest, mortgage, deed of trust, pledge, hypothecation, assignment,
      charge or deposit arrangement, encumbrance, lien (statutory or other) or
      preferential arrangement of any kind or nature whatsoever in respect of any
      property (including those created by, arising under or evidenced by any
      conditional sale or other title retention agreement, the interest of a lessor
      under a Capital Lease, any financing lease having substantially the same
      economic effect as any of the foregoing, or the filing of any financing
      statement naming the owner of the asset to which such lien relates as debtor,
      under the Uniform Commercial Code or any comparable law) and any contingent
      or
      other agreement to provide any of the foregoing, but not including the interest
      of a lessor under an Operating Lease.  

     

    “Loan”
      means an
      extension of credit by a Lender to Holdings (i) under Article
      II,
      which may be a
      Base Rate Loan or an Offshore Rate Loan (each a “Type”
      of Loan) or a
      Swingline Loan, and includes a Revolving Loan, Term A Loan or Term B
      Loan, or (ii) under Article
      III
      in the form of an
      L/C Advance.

     

    “Loan
      Documents”
      means this
      Agreement, any Notes, any Guaranty, the Collateral Documents, the Fee Letter,
      the L/C Related Documents, any documents evidencing or relating to Specified
      Swap Contracts and all other documents delivered to the Administrative Agent
      or
      any Lender in connection herewith.

     

    “Loan
      Party”
      means Holdings,
      the Company and each other Guarantor.

     

    
      
        
        

      

      
        16

        
          

        

      

      
        
        

      

    

    “Majority
      Class
      Lenders”
      means, at any
      time with respect to any action or vote, each of (i) the Majority Revolving
      Lenders, (ii) the Majority Term A Lenders and (iii) the
      Majority
      Term B Lenders.

     

    “Majority
      Lenders”
      means two or more
      Lenders whose (x) Revolving Commitments (or, if all Revolving Commitments have
      been terminated, whose outstanding Revolving Loans plus pro rata
      share, if any, of
      the Effective Amount of all L/C Obligations plus pro rata
      share, if any, of
      the Effective Amount of all Swingline Loans), plus
      (y) outstanding
      Term A Loans, plus
      (z) outstanding
      Term B Loans exceed 50% of the sum of (xx) the Aggregate Revolving
      Commitment (or, if all Revolving Commitments have been terminated, the Effective
      Amount of all Revolving Loans plus
      the Effective
      Amount of all L/C Obligations plus
      the Effective
      Amount of all Swingline Loans), plus
      (yy) the
      Effective Amount of all Term A Loans, plus
      (zz) the Effective
      Amount of all Term B Loans; provided,
however,
      that at any time
      any Lender is a Defaulting Lender, all Defaulting Lenders shall be excluded
      in
      determining “Majority Lenders” and such Defaulting Lenders’ Revolving
      Commitments (or Revolving Loans and pro rata
      share of L/C
      Obligations and Swingline Loans, as the case may be), Term A Loans and Term
      B
      Loans shall be excluded in such determination, and “Majority Lenders” shall mean
      two or more non-Defaulting Lenders (or if there is only one non-Defaulting
      Lender, such Lender) otherwise meeting the criteria set forth in this
      definition.

     

    “Majority
      Revolving Lenders”
      means two or more
      Revolving Lenders whose Revolving Proportionate Shares then exceed fifty percent
      (50.0%); provided,
however,
      that at any time
      any Revolving Lender is a Defaulting Lender, all Defaulting Lenders shall be
      excluded in determining “Majority Revolving Lenders”, and “Majority Revolving
      Lenders” shall mean two or more non-Defaulting Lenders (or if there is only one
      non-Defaulting Lender, such Lender) having total Revolving Proportionate Shares
      exceeding fifty percent (50%) of the total Revolving Proportionate Shares of
      all
      non-Defaulting Lenders.

     

    “Majority
      Term A Lenders”
      means two or more
      Term A Lenders whose Term A Proportionate Shares then exceed
      fifty
      percent (50.0%); provided,
however,
      that at any time
      any Term A Lender is a Defaulting Lender, all Defaulting Lenders shall be
      excluded in determining “Majority Term A Lenders”, and “Majority Term A Lenders”
      shall mean two or more non-Defaulting Lenders (or if there is only one
      non-Defaulting Lender, such Lender) having total Term A Proportionate Shares
      exceeding fifty percent (50%) of the total Term A Proportionate Shares of all
      non-Defaulting Lenders.

     

    “Majority
      Term B Lenders”
      means two or more
      Term B Lenders whose Term B Proportionate Shares then exceed
      fifty
      percent (50.0%); provided,
however,
      that at any time
      any Term B Lender is a Defaulting Lender, all Defaulting Lenders shall be
      excluded in determining “Majority Term B Lenders”, and “Majority Term B Lenders”
      shall mean two or more non-Defaulting Lenders (or if there is only one
      non-Defaulting Lender, such Lender) having total Term B Proportionate Shares
      exceeding fifty percent (50%) of the total Term B Proportionate Shares of all
      non-Defaulting Lenders.

     

    “Margin
      Stock”
      means “margin
      stock” as such term is defined in Regulation T, U or X of the FRB.

     

    
      
        
        

      

      
        17

        
          

        

      

      
        
        

      

    

    “Material
      Adverse
      Effect”
      means (i) a
      material adverse change in, or a material adverse effect upon, the operations,
      business, properties, condition (financial or otherwise) or prospects of
      Holdings or Holdings and its Subsidiaries taken as a whole; (ii) a material
      impairment of the ability of any Loan Party to perform under any Loan Document
      and to avoid any Event of Default; or (iii) a material adverse effect
      upon
      (a) the legality, validity, binding effect or enforceability against any Loan
      Party of any Loan Document or (b) the perfection or priority of any Lien granted
      under the Collateral Documents.

     

    “Minimum
      Amount”
      means (i) in
      respect of any Borrowing, conversion or continuation of Loans, (a) in the case
      of Base Rate Loans, an aggregate minimum amount of $5,000,000 or any integral
      multiple of $1,000,000 in excess thereof, (b) in the case of Offshore Rate
      Loans, an aggregate minimum amount of $5,000,000 or any integral multiple of
      $1,000,000 in excess thereof and (c) in the case of Swingline Loans, an
      aggregate minimum amount of $100,000 or any integral multiple of $100,000 in
      excess thereof (or such other amount as shall be acceptable to the Swingline
      Lender), (ii) in the case of any reduction of the Commitments under
      Section 2.05,
      $5,000,000 or any
      multiple of $1,000,000 in excess thereof, and (iii) in the case of any
      optional prepayment of Loans under Section 2.07,
      $5,000,000 or any
      multiple of $1,000,000 in excess thereof (provided
      that any optional
      prepayment of Offshore Rate Loans under Section 2.07
      must also be in a
      minimum amount of $5,000,000 or any multiple of $1,000,000 in excess
      thereof).

     

    “Minority
      Investment”
      means the direct
      or indirect Investment by Holdings in any Person, provided
      in each case that
      such Person is not a Subsidiary at the time of such Investment and after giving
      effect thereto.

     

    “Mortgage”
      means any deed of
      trust, mortgage, assignment of rents or other document, in each case as amended,
      creating a Lien on real property or any interest in real property owned by
      Holdings, the Company or any Loan Party.

     

    “Mortgaged
      Property”
      means all real
      property subject to a Mortgage as set forth on Schedule 6.20
      hereto, as such
      schedule may be amended from time to time in accordance with Section 7.16.

     

    “Multiemployer
      Plan”
      means a
“multiemployer plan,” within the meaning of section 4001(a)(3) of ERISA, to
      which Holdings, the Company or any ERISA Affiliate makes, is making, or is
      obligated to make contributions or, during the preceding three calendar years,
      has made, or been obligated to make, contributions.

     

    “Net
      Issuance
      Proceeds”
      means, as to any
      issuance of debt or equity by any Person, cash proceeds received or receivable
      by such Person in connection therewith, net of out-of-pocket costs and expenses
      paid or incurred in connection therewith in favor of any Person not an Affiliate
      of such Person.

     

    
      
        
        

      

      
        18

        
          

        

      

      
        
        

      

    

    “Net
      Proceeds”
      means, as to any
      Disposition by a Person, proceeds in cash, checks or other cash equivalent
      financial instruments as and when received by such Person, net of: (i) the
      direct costs relating to such Disposition excluding amounts payable to such
      Person or any Affiliate of such Person, (ii) sale, use or other transaction
      taxes and capital gains taxes paid or payable by such Person as a direct result
      thereof, and (iii) amounts required to be applied to repay principal,
      interest and prepayment premiums and penalties on Indebtedness secured by a
      purchase money security interest on any asset which is the subject of such
      Disposition.  “Net
      Proceeds”
      shall also
      include proceeds paid on account of any Event of Loss, net of (a) all money
      actually applied to repair or reconstruct the damaged property or property
      affected by the condemnation or taking, (b) all of the direct costs and expenses
      incurred in connection with the collection of such proceeds, award or other
      payments, and (c) any amounts retained by or paid to parties having superior
      rights to such proceeds, awards or other payments.  For purposes
      of
      determining the amount of Net Proceeds in respect of any Disposition or Event
      of
      Loss, however, the amount of proceeds calculated as provided above shall be
      reduced by the amount of such proceeds that such Person has used (or intends
      to
      use within 365 days of the date of receipt of such proceeds) to pay the purchase
      price in connection with any Permitted Acquisition, Minority Investment or
      any
      Capital Expenditures (in each case, to the extent permitted hereunder), it
      being
      understood that any portion of such proceeds that has not been so used within
      such 365-day period shall be deemed to be Net Proceeds received on the last
      day
      of such 365-day period and that, in any case, all such proceeds shall be deemed
      to be Net Proceeds at any time that an Event of Default exists hereunder;
provided,
however,
      that if such
      Person only uses a portion of such proceeds for said Permitted Acquisition,
      Minority Investment or Capital Expenditure within such 365-day period, then
      the
      amount of Net Proceeds calculated as provided above shall be reduced only by
      the
      amount of such proceeds so used. 

     

    “New
      Lenders”
      has the meaning
      specified in Recital B.

     

    “New
      Revolving
      Lender”
      means any New
      Lender that is joining this Agreement as a Revolving Lender on the Effective
      Date and that has no Revolving Commitment under the Existing Credit
      Agreement.

     

    “New
      Term B
      Lender”
      means any New
      Lender that is joining this Agreement as a Term B Lender on the Effective
      Date and that holds no Term B Loans under the Existing Credit
      Agreement.

     

    “Non-Wholly-Owned
      Subsidiaries”
      means all direct
      and indirect Subsidiaries of Holdings which are not Wholly-Owned
      Subsidiaries.

     

    “Notes”
      means,
      collectively, the Revolving Notes, the Term A Notes and the Term B
      Notes.

     

    “Notice
      of
      Borrowing”
      means a Notice of
      Revolving Loan Borrowing or a Notice of Term Loan Borrowing, as
      applicable.

     

    “Notice
      of
      Conversion/Continuation”
      means a Notice of
      Revolving Loan Conversion/Continuation or a Notice of Term Loan
      Conversion/Continuation, as applicable.

     

    “Notice
      of
      Revolving Loan Borrowing”
      means a notice in
      substantially the form of Exhibit A-1.

     

    “Notice
      of
      Revolving Loan Conversion/Continuation”
      means a notice in
      substantially the form of Exhibit B-1.

     

    
      
        
        

      

      
        19

        
          

        

      

      
        
        

      

    

    “Notice
      of Term
      Loan Borrowing”
      means a notice in
      substantially the form of Exhibit A-2.

     

    “Notice
      of Term
      Loan Conversion/Continuation”
      means a notice in
      substantially the form of Exhibit
      B-2.

     

    “Obligations”
      means all
      advances to, and debts and liabilities of, any Loan Party arising under any
      Loan
      Document, or otherwise with respect to any Loan or Letter of Credit, whether
      direct or indirect (including those acquired by assumption), absolute or
      contingent, due or to become due, now existing or hereafter arising and
      including interest and fees that accrue after the commencement by or against
      any
      Loan Party of any Insolvency Proceeding naming such Person as the debtor in
      such
      proceeding, regardless of whether such interest and fees are allowed claims
      in
      such proceeding.

     

    “Offshore
      Rate”
      means, for any
      Interest Period, with respect to Offshore Rate Loans comprising part of the
      same
      Borrowing, the rate of interest per annum (rounded upward to the next 1/16th
      of
      1%) determined by the Administrative Agent as follows:

     

    
      	 	
              Offshore
                Rate
                =

            	
              LIBOR

            	 
	 	
              1.00
                -
                Eurodollar Reserve Percentage

            	 

    

    Where,

     

    “Eurodollar
      Reserve Percentage”
      means for any
      day for any Interest Period the maximum reserve percentage (expressed as a
      decimal, rounded upward to the next 1/100th of 1%) in effect on such day
      (whether or not applicable to any Lender) under regulations issued from time
      to
      time by the FRB for determining the maximum reserve requirement (including
      any
      emergency, supplemental or other marginal reserve requirement) with respect
      to
      Eurocurrency funding (currently referred to as “Eurocurrency liabilities”);
      and

     

    “LIBOR”
      means:
      (i) the rate of interest per annum determined by the Administrative
      Agent
      to be the rate of interest per annum (rounded upward to the nearest 1/100th
      of
      1%) appearing on Dow Jones Page 3750 (as defined below) for Dollar deposits
      having a maturity comparable to such Interest Period, at approximately 11:00
      a.m. (London time) two (2) Business Days prior to the commencement of such
      Interest Period, subject to the following clause (ii); or (ii) if for
      any
      reason the rate is not available as provided in the preceding
      clause (i) of this definition, “LIBOR” instead means the rate of
      interest per annum determined by the Administrative Agent to be the arithmetic
      mean (rounded upward to the nearest 1/16th of 1%) of the rates of interest
      per
      annum notified to the Administrative Agent by Wells Fargo as the rate of
      interest at which Dollar deposits in the approximate amount of the Offshore
      Rate
      Loan to be made, continued or converted by Wells Fargo, and having a maturity
      comparable to such Interest Period, would be offered to major banks in the
      London interbank market at their request at approximately 11:00 a.m. (London
      time) two (2) Business Days prior to the commencement of such Interest
      Period.  As used in this definition, “Dow
      Jones Page
      3750”
      means the display
      designated as “3750” on the Dow Jones Market Service (formerly known as the
      Telerate Service) or any replacement page thereof or successor
      thereto.

     

    
      
        
        

      

      
        20

        
          

        

      

      
        
        

      

    

    The
      Offshore Rate
      shall be adjusted automatically as to all Offshore Rate Loans then outstanding
      as of the effective date of any change in the Eurodollar Reserve
      Percentage.

     

    “Offshore
      Rate
      Loan”
      means a Loan that
      bears interest based on the Offshore Rate.

     

    “Operating
      Lease”
      means, for any
      Person, any lease of property (whether real, personal or mixed) which, in
      accordance with GAAP, would, at the time a determination is made, be required
      to
      be recorded as an operating lease in respect of which such Person is liable
      as
      lessee.

     

    “Organization
      Documents”
      means, (a) with
      respect to any corporation, the certificate or articles of incorporation and
      the
      bylaws (or equivalent or comparable constitutive documents with respect to
      any
      non-U.S. jurisdiction); (b) with respect to any limited liability company,
      the
      certificate or articles of formation or organization and operating agreement;
      and (c) with respect to any partnership, joint venture, trust or other
      form
      of business entity, the partnership, joint venture or other applicable agreement
      of formation or organization and any agreement, instrument, filing or notice
      with respect thereto filed in connection with its formation or organization
      with
      the applicable Governmental Authority in the jurisdiction of its formation
      or
      organization and, if applicable, any certificate or articles of formation or
      organization of such entity.

     

    “Other
      Taxes”
      means any present
      or future stamp, court or documentary taxes or any other excise or property
      taxes, charges or similar levies which arise from any payment made hereunder
      or
      from the execution, delivery, performance, enforcement or registration of,
      or
      otherwise with respect to, this Agreement or any other Loan
      Documents.

     

    “Participant”
      has the meaning
      specified in Section 11.08(d).

     

    “PBGC”
      means the Pension
      Benefit Guaranty Corporation, or any Governmental Authority succeeding to any
      of
      its principal functions under ERISA.

     

    “Pension
      Plan”
      means a pension
      plan (as defined in section 3(2) of ERISA) subject to Title IV of ERISA which
      Holdings or the Company sponsors, maintains, or to which it makes, is making,
      or
      is obligated to make contributions, or in the case of a multiple employer plan
      (as described in section 4064(a) of ERISA) has made contributions at any time
      during the immediately preceding five (5) plan years.

     

    
      
        
        

      

      
        21

        
          

        

      

      
        
        

      

    

    “Permitted
      Acquisition”
      means any
      Acquisition that conforms to the following requirements: (i) the assets,
      Person, division or line of business to be acquired is in a substantially
      similar or ancillary line of business as the Company or one of its Wholly-Owned
      Subsidiaries, (ii) the Administrative Agent and the Lenders shall have
      received promptly, and in any event no less than ten (10) Business Days prior
      to
      the consummation of such Acquisition, (a) financial information regarding
      the assets, Person, division or business to be acquired, including the most
      recent audited financial statements, if available, but in any case the most
      recently prepared balance sheet, statement of income and statement of cash
      flows
      for the assets, Person, division or business to be acquired and pro forma
      projected financial statements showing the effect of the Acquisition of the
      assets, Person, division or business on Holdings and its Subsidiaries, including
      a pro forma balance sheet for Holdings and its Subsidiaries as of the time
      of
      the Acquisition and projected statements of income and cash flows for Holdings
      and its Subsidiaries through at least the Revolving Loan Maturity Date, and
      (b) a completed worksheet in substantially the form of Schedule 1 to
      the
      Compliance Certificate demonstrating Holdings’ pro forma compliance with the
      financial covenants set forth in Section 8.19,
      measured as of
      the last day of the fiscal quarter then most recently ended, after giving effect
      to such Acquisition, (iii) all transactions related to such Acquisition
      shall be consummated in accordance with applicable Requirements of Law,
      (iv) such Acquisition shall be non-hostile in nature, (v) the
      prior,
      effective written consent or approval to such Acquisition of the board of
      directors or equivalent governing body of the acquiree is obtained, and
      (vi) immediately after giving effect to such Acquisition: (a) no
      Default or Event of Default shall have occurred and be continuing or would
      result therefrom, (b) a majority of the capital stock or similar equity
      interest of any acquired or newly formed corporation, partnership, limited
      liability company or other business entity is owned directly by Holdings or
      a
      U.S. Wholly-Owned Subsidiary of Holdings such that such acquired or newly formed
      entity shall be a U.S. Subsidiary, and (c) all actions required to be
      taken
      with respect to such acquired or newly formed Subsidiary under Section 7.13
      or as otherwise
      required under Section 7.14
      shall have been
      taken.

     

    “Permitted
      Capital Expenditure Carry-Forward”
      means, for any
      fiscal year, the Dollar amount equal to (i) the maximum Dollar amount
      of
      Capital Expenditures permitted to be incurred by Holdings and its Subsidiaries
      in such fiscal year under Section 8.13 minus
      (ii) the
      Dollar amount of Capital Expenditures actually incurred by Holdings and its
      Subsidiaries in such fiscal year.

     

    “Permitted
      Equity
      Offering”
      means an offering
      by Holdings of preferred stock or other equity interests of Holdings, if the
      rights, preferences, privileges and use of proceeds of such equity offering
      have
      been approved by the Majority Lenders in writing prior to issuance, provided
      that no such securities shall be issued if a Default or Event of Default exists
      prior to, or immediately after, such issuance.

     

    “Permitted
      Liens”
      has the meaning
      specified in Section 8.01.

     

    “Permitted
      Subordinated Debt”
      has the meaning
      specified in Section 8.05(j).

     

    “Permitted
      Swap
      Obligations”
      means all
      obligations (contingent or otherwise) of Holdings or any Subsidiary existing
      or
      arising under Swap Contracts, provided
      that each of the
      following criteria is satisfied: (i) such obligations are (or were)
      entered
      into by such Person in the ordinary course of business for the purpose of
      directly mitigating risks associated with liabilities, commitments or assets
      held or reasonably anticipated by such Person, or changes in the value of
      securities issued by such Person in conjunction with a securities repurchase
      program not otherwise prohibited hereunder, and not for purposes of speculation
      or taking a “market view; and (ii) such Swap Contracts do not contain (a)
      any provision (“walk-away” provision) exonerating the non-defaulting party from
      its obligation to make payments on outstanding transactions to the defaulting
      party, or (b) any provision creating or permitting the declaration of an event
      of default, termination event or similar event upon the occurrence of an Event
      of Default hereunder (other than an Event of Default under Section 9.01(a)).

     

    
      
        
        

      

      
        22

        
          

        

      

      
        
        

      

    

    “Person”
      means an
      individual, partnership, corporation, limited liability company, business trust,
      joint stock company, trust, unincorporated association, joint venture,
      Governmental Authority or any other entity of whatever nature.

     

    “Plan”
      means an employee
      benefit plan (as defined in section 3(3) of ERISA) which Holdings or the Company
      sponsors or maintains or to which Holdings or the Company makes, is making,
      or
      is obligated to make contributions and includes any Pension Plan.

     

    “Pledged
      Collateral”
      means the
“Pledged Collateral” as defined in the Security Agreement and shall include all
      products and Proceeds (as defined in the Security Agreement) of the Pledged
      Collateral.

     

    “Proportionate
      Share”
      means,
      (i) with respect to each Revolving Lender, its Revolving Proportionate
      Share, (ii) with respect to each Term A Lender, its Term A
      Proportionate Share, and (iii) with respect to each Term B Lender,
      its
      Term B Proportionate Share.

     

    “Put
      Obligations”
      mean obligations
      of Holdings either directly or indirectly to repurchase from any Person such
      Person’s equity interest in Non-Wholly-Owned Subsidiaries or Minority
      Investments.

     

    “Reimbursement
      Date”
      has the meaning
      specified in Section 3.03(b).

     

    “Replacement
      Lender”
      has the meaning
      specified in Section 4.07.

     

    “Reportable
      Event”
      means, any of the
      events set forth in section 4043(c) of ERISA or the regulations thereunder,
      other than any such event for which the 30-day notice requirement under ERISA
      has been waived in regulations issued by the PBGC.

     

    “Requirement
      of
      Law”
      means, as to any
      Person, any law (statutory or common), treaty, rule or regulation or
      determination of an arbitrator or of a Governmental Authority, in each case
      applicable to or binding upon the Person or any of its property or to which
      the
      Person or any of its property is subject.

     

    “Responsible
      Officer”
      means as to any
      Person, the chief executive officer or the president of such Person, or any
      other officer having substantially the same authority and responsibility; or,
      with respect to compliance with financial covenants, the chief financial officer
      or the treasurer of such Person, or any other officer having substantially
      the
      same authority and responsibility.

     

    “Revolving
      Commitment”
      means, as to each
      Revolving Lender, its obligation to (a) make Revolving Loans to Holdings
      pursuant to Section 2.01(c),
      (b) purchase
      participations in L/C Obligations, and (c) purchase participations in Swing
      Line
      Loans, in an aggregate principal amount at any one time outstanding not to
      exceed the amount set forth opposite such Revolving Lender’s name on
Schedule 2.01(c)
      or in the
      Assignment and Acceptance pursuant to which such Revolving Lender becomes a
      party hereto, as applicable, as such amount may be adjusted from time to time
      in
      accordance with this Agreement.

     

    
      
        
        

      

      
        23

        
          

        

      

      
        
        

      

    

    “Revolving
      Lender”
      means any Lender
      that has a Revolving Commitment as set forth on Schedule 2.01(c)
      (or, if the
      Revolving Commitments are terminated, any Lender having outstanding Revolving
      Loans or a pro rata
      share of L/C
      Obligations or Swingline Loans as provided herein).

     

    “Revolving
      Loan”
      has the meaning
      specified in Section 2.01(b).

     

    “Revolving
      Loan
      Maturity Date”
      means the earlier
      to occur of: (i) June 30, 2010; and (ii) the date on which the
      Revolving Commitments terminate in accordance with the provisions of this
      Agreement.

     

    “Revolving
      Note”
      means a
      promissory note executed by Holdings in favor of a Revolving Lender pursuant
      to
Section 2.02(b),
      in substantially
      the form of Exhibit
      F-1.

     

    “Revolving
      Proportionate Share”
      means, as to any
      Revolving Lender at any time, the percentage equivalent (expressed as a decimal,
      rounded to the ninth decimal place) at such time of, in the case of the
      Revolving Commitments or the Revolving Loans, L/C Obligations and Swingline
      Loans, such Revolving Lender’s Revolving Commitment divided by the aggregate
      Revolving Commitments of all Revolving Lenders (or, if all Revolving Commitments
      have been terminated, (i) the sum of (A) the Effective Amount
      of such
      Revolving Lender’s Revolving Loans, plus
      (B) such
      Revolving Lender’s pro rata
      share, if any, of
      the Effective Amount of all L/C Obligations, plus
      (C) such
      Revolving Lender’s pro rata
      share, if any, of
      the Effective Amount of all Swingline Loans divided by (ii) the sum
      of
      (A) the Effective Amount of all Revolving Loans, plus
      (B) the
      Effective Amount of all L/C Obligations, plus
      (C) the
      Effective Amount of all Swingline Loans).  The initial Revolving
      Proportionate Shares of each Revolving Lender are set forth opposite such
      Revolving Lender’s name in Schedule 2.01(c)
      under the heading
“Proportionate Share (Revolving Commitments).”

     

    “SEC”
      means the
      Securities and Exchange Commission, or any Governmental Authority succeeding
      to
      any of its principal functions.

     

    “Security
      Agreement”
      means that
      certain Second Amended and Restated Security Agreement, dated as of the
      Effective Date, between Holdings, the Guarantors and the Administrative Agent
      for the benefit of the Lenders in substantially the form of Exhibit
      I.

     

    “Signing
      Date”
      means the date on
      which all conditions precedent set forth in Section 5.01
      are satisfied or
      waived by all of the Lenders.

     

    “Specified
      Swap
      Contract”
      means any Swap
      Contract made or entered into at any time, or in effect at any time (whether
      heretofore or hereafter), whether directly or indirectly, and whether as a
      result of assignment or transfer or otherwise, between Holdings and any Swap
      Provider which Swap Contract is or was intended by Holdings to have been entered
      into for purposes of mitigating interest rate or currency exchange risk relating
      to any Loan (which intent shall conclusively be deemed to exist if Holdings
      so
      represents to the Swap Provider in writing), and as to which the final scheduled
      payment by Holdings is not later than the Revolving Loan Maturity
      Date.

     

    
      
        
        

      

      
        24

        
          

        

      

      
        
        

      

    

    “Standby
      Letter
      of Credit”
      means a standby
      Letter of Credit issued for the account of Holdings to support obligations
      of
      Holdings or any Subsidiary, contingent or otherwise (and excluding all
      Commercial Letters of Credit).

     

    “Stock
      Price
      Guaranty”
      means a guaranty
      that (i) is issued by Holdings or an Affiliate of Holdings in connection
      with the Acquisition of another Person, and (ii) is for the payment
      of cash
      or issuance of Holdings’ common stock if the common stock issued by Holdings in
      connection with such an Acquisition is sold for less than the price provided
      for
      in the guaranty during its term, provided
      that for purposes
      of determining the amount of any Stock Price Guaranty, the amount of such
      guaranty shall be equal to (a) the guaranteed stock price multiplied by the
      number of shares covered by the guaranty, minus
      (b) the current
      fair market value of one share of Holdings’ common stock (which fair market
      value shall be equal to the five day trailing average closing price for
      Holdings’ common stock as reported by the Nasdaq National Stock Market)
      multiplied by the number of shares covered by the guaranty, provided further,
      that for purposes
      of determining the amount of any Stock Price Guaranty which is payable solely
      in
      common stock of Holdings, the amount of such Stock Price Guaranty shall equal
      zero.

     

    “Subordinated
      Debt Documents”
      means any
      documents and instruments evidencing any Permitted Subordinated
      Debt.

     

    “Subsequent
      Effective Date”
      means any date on
      which all conditions precedent set forth in Section 5.03
      are satisfied or
      waived by the respective Additional Lenders; provided
      that all such
      dates shall occur (if any shall occur) prior to the earlier to occur of
      (i) (A) in the case of any Subsequent Effective Date in respect of any
      increase in the Term A Loans pursuant to Section 2.01(d),
      the Term A
      Loan Maturity Date, (B) in the case of any Subsequent Effective Date in respect
      of any increase in the Term B Loans pursuant to Section 2.01(e),
      the Term B
      Loan Maturity Date and (C) in the case of any Subsequent Effective Date in
      respect of any increase in the Revolving Commitments pursuant to Section 2.01(f),
      the Revolving
      Loan Maturity Date, and (ii) the date on which all Commitments terminate
      in
      accordance with the provisions of this Agreement; provided further,
      that there shall
      be no more than 3 such Subsequent Effective Dates in the aggregate.

     

    “Subsidiary”
      of a Person means
      any corporation, association, partnership, limited liability company, joint
      venture or other business entity of which more than 50% of the voting stock,
      membership interests or other equity interests (in the case of Persons other
      than corporations), is owned or controlled directly or indirectly by the Person,
      or one or more of the Subsidiaries of the Person, or a combination
      thereof.  Unless the context otherwise clearly requires, references
      herein to a “Subsidiary” refer to a Subsidiary of Holdings; provided,
however,
      that Subsidiary
      shall only include BMC Insurance, Inc. for purposes of Sections 6.01, 6.05, 6.06, 6.10, 6.11,
      6.14, 6.19, 7.03(b), 7.03(c), 7.04, 7.07, 7.08, 7.10, 8.03, 9.01(b)-(g), 9.01(i) and
      9.01(j).

     

    
      
        
        

      

      
        25

        
          

        

      

      
        
        

      

    

    “Surety
      Instruments”
      means all letters
      of credit (including standby and commercial), banker’s acceptances, bank
      guaranties, shipside bonds, surety bonds and similar instruments.

     

    “Swap
      Contract”
      means any
      agreement, whether or not in writing, relating to any transaction that is a
      rate
      swap, basis swap, forward rate transaction, commodity swap, commodity option,
      equity or equity index swap or option, bond, note or bill option, interest
      rate
      option, forward foreign exchange transaction, cap, collar or floor transaction,
      currency swap, cross-currency rate swap, swaption, currency option or any other,
      similar transaction (including any option to enter into any of the foregoing)
      or
      any combination of the foregoing, and, unless the context otherwise clearly
      requires, any master agreement relating to or governing any or all of the
      foregoing.

     

    “Swap
      Provider”
      means any Lender,
      or any Affiliate of any Lender, that is at the time of determination party
      to a
      Specified Swap Contract with Holdings.

     

    “Swap
      Termination
      Value”
      means, in respect
      of any one or more Swap Contracts, after taking into account the effect of
      any
      legally enforceable netting agreement relating to such Swap Contracts,
      (i) for any date on or after the date such Swap Contracts have been
      closed
      out and termination value(s) determined in accordance therewith, such
      termination value(s), and (ii) for any date prior to the date referenced
      in
      clause (i) the amount(s) determined as the mark-to-market value(s) for
      such
      Swap Contracts, as determined by Holdings based upon one or more mid-market
      or
      other readily available quotations provided by any recognized dealer in such
      Swap Contracts (which may include any Lender).

     

    “Swingline
      Lender”
      means Wells
      Fargo, in its capacity as maker of Swingline Loans
      hereunder.  

     

    “Swingline
      Commitment”
      has the meaning
      specified in Section 2.06(a).

     

    “Swingline
      Loan”
      has the meaning
      specified in Section 2.06(a).

     

    “Taxes”
      means any and all
      present or future taxes, levies, assessments, imposts, duties, deductions,
      fees,
      withholdings or similar charges, and all liabilities with respect thereto,
      excluding, in the case of each Lender and the Administrative Agent,
      respectively, taxes imposed on or measured by its net income by the jurisdiction
      (or any political subdivision thereof) under the laws of which such Lender
      or
      the Administrative Agent, as the case may be, is organized or maintains a
      Lending Office.

     

    “Term A
      Commitment,”
      as to each
      Term A Lender, has the meaning specified in Section 2.01(a).

     

    “Term A
      Lender”
      means any Lender
      that has a Term A Commitment or Term A Loan.

     

    “Term A
      Loan”
      has the meaning
      specified in Section 2.01(a).

     

    “Term A
      Loan
      Maturity Date”
      means June 30,
      2010.

     

    
      
        
        

      

      
        26

        
          

        

      

      
        
        

      

    

    “Term A
      Note”
      means a
      promissory note executed by Holdings in favor of a Lender pursuant to
Section 2.02(b),
      in substantially
      the form of Exhibit
      F-2.

     

    “Term A
      Proportionate Share”
      means, as to any
      Term A Lender at any time, in the case of the Term A Commitments
      or
      the Term A Loans, the percentage equivalent (expressed as a decimal,
      rounded to the ninth decimal place) of such Term A Lender’s Term A
      Commitment divided by the aggregate Term A Commitments of all Term A
      Lenders (or, if all Term A Commitments have been terminated, the aggregate
      principal amount of such Term A Lender’s Term A Loans divided by the
      aggregate principal amount of Term A Loans then held by all Term A
      Lenders).  The initial Term A Proportionate Shares of
      each
      Term A Lender are set forth opposite such Lender’s name on a schedule
      maintained with the Administrative Agent.

     

    “Term B
      Lender”
      means any Lender
      that has a Term B Loan.

     

    “Term B
      Loan”
      has the meaning
      specified in Section 2.01(b).

     

    “Term B
      Loan
      Maturity Date”
      means June 30,
      2010.

     

    “Term B
      Note”
      means a
      promissory note executed by Holdings in favor of a Lender pursuant to
Section 2.02(b),
      in substantially
      the form of Exhibit
      F-3.

     

    “Term B
      Proportionate Share”
      means, as to any
      Term B Lender at any time, in the case of the Term B Loans, the
      percentage equivalent (expressed as a decimal, rounded to the ninth decimal
      place) of the aggregate principal amount of such Term B Lender’s
      Term B Loans divided by the aggregate principal amount of Term B
      Loans
      then held by all Term B Lenders.  The initial Term B
      Proportionate Shares of each Term B Lender are set forth opposite such
      Lender’s name on a schedule maintained with the Administrative
      Agent.

     

    “Term
      Lender”
      means any Lender
      that either has a Term A Commitment or is holding Term A Loans
      or
      Term B Loans.

     

    “Term
      Loan”
      means a
      Term A Loan or a Term B Loan.

     

    “Term
      Note”
      means a
      Term A Note or a Term B Note.

     

    “Total
      Funded
      Debt”
      means, as of any
      date of determination, all Funded Debt of Holdings and its Subsidiaries on
      such
      date, on a consolidated basis in accordance with GAAP.

     

    “Trade
      Bank”
      means Wells Fargo
      HSBC Trade Bank, N.A.

     

    “Type”
      has the meaning
      specified in the definition of “Loan.”

     

    “UCC”
      means the Uniform
      Commercial Code as in effect from time to time in the State of
      California.

     

    “Unfunded
      Pension
      Liability”
      means the excess
      of a Plan’s benefit liabilities under section 4001(a)(16) of ERISA, over the
      current value of that Plan’s assets, determined in accordance with the
      assumptions used for funding the Pension Plan pursuant to section 412 of the
      Code for the applicable plan year.

     

    
      
        
        

      

      
        27

        
          

        

      

      
        
        

      

    

    “United
      States”
      and “U.S.”
      each means the
      United States of America.

     

    “Update
      Certificate”
      means a
      certificate in substantially the form of Exhibit
      J.

     

    “U.S.
      Subsidiary”
      and “U.S.
      Wholly-Owned Subsidiary”
      means a
      Subsidiary or Wholly-Owned Subsidiary, as the case may be, that is located
      in
      and a resident of the United States.

     

    “Wells
      Fargo”
      has the meaning
      specified in the preamble,
      or any successor
      by merger thereto.

     

    “Wholly-Owned
      Subsidiary”
      means any Person
      in which (other than directors’ qualifying shares required by law) 100% of the
      capital stock or similar equity interest of each class having ordinary voting
      power, and 100% of the capital stock or similar equity interest of every other
      class, in each case, at the time as of which any determination is being made,
      is
      owned, beneficially and of record, by Holdings, or by one or more of the other
      Wholly-Owned Subsidiaries, or both.

     

    1.02  Other
      Interpretive Provisions.

     

    (a)  The
      meanings of
      defined terms are equally applicable to the singular and plural forms of the
      defined terms.

     

    (b)  The
      words
“hereof,”“herein,”“hereunder” and similar words refer to this Agreement as a
      whole and not to any particular provision of this Agreement; and subsection,
      Section, Schedule and Exhibit references are to this Agreement unless otherwise
      specified.

     

    (c)  The
      term
“documents” includes any and all instruments, documents, agreements,
      certificates, indentures, notices and other writings, however
      evidenced.

     

    (d)  The
      term
“including” is not limiting and means “including without
      limitation.”

     

    (e)  In
      the computation
      of periods of time from a specified date to a later specified date, the word
      “from” means “from and including”; the words “to” and “until” each mean “to but
      excluding,” and the word “through” means “to and including.”

     

    (f)  Unless
      otherwise
      expressly provided herein, (i) references to agreements (including this
      Agreement) and other contractual instruments shall be deemed to include all
      subsequent amendments and other modifications thereto, but only to the extent
      such amendments and other modifications are not prohibited by the terms of
      any
      Loan Document (unless any such prohibitive term has been waived), and
      (ii) references to any statute or regulation are to be construed as
      including all statutory and regulatory provisions consolidating, amending,
      replacing, supplementing or interpreting the statute or regulation.

     

    
      
        
        

      

      
        28

        
          

        

      

      
        
        

      

    

    (g)  The
      captions and
      headings of this Agreement are for convenience of reference only and shall
      not
      affect the interpretation of this Agreement.

     

    (h)  This
      Agreement and
      other Loan Documents may use several different limitations, tests or
      measurements to regulate the same or similar matters.  All such
      limitations, tests and measurements are cumulative and shall each be performed
      in accordance with their terms.  Unless otherwise expressly provided,
      any reference to any action of the Administrative Agent or the Lenders by way
      of
      consent, approval or waiver shall be deemed modified by the phrase “in its/their
      sole discretion.”

     

    (i)  This
      Agreement and
      the other Loan Documents are the result of negotiations among the Administrative
      Agent, Holdings, the Company and the other parties, have been reviewed by
      counsel to the Administrative Agent, Holdings, the Company and such other
      parties, and are the products of all parties.  Accordingly, they
      shall
      not be construed against the Lenders or the Administrative Agent merely because
      of the Administrative Agent’s or Lenders’ involvement in their
      preparation.

     

    1.03  Accounting
      Principles.  (a)
      Unless the context
      otherwise clearly requires, all accounting terms not expressly defined herein
      shall be construed, and all financial computations required under this Agreement
      shall be made, in accordance with GAAP, consistently applied; provided,
however,
      that if GAAP
      shall have been modified after the Effective Date and the application of such
      modified GAAP shall have a material effect on such financial computations
      (including the computations required for the purpose of determining compliance
      with the covenants set forth in Article
      VIII),
      then such
      computations shall be made and such financial statements, certificates and
      reports shall be prepared, and all accounting terms not otherwise defined herein
      shall be construed, in accordance with GAAP as in effect prior to such
      modification, unless and until the Majority Lenders and Holdings shall have
      agreed upon the terms of the application of such modified GAAP.

     

    (b)  References
      herein
      to “fiscal year” and “fiscal quarter” refer to such fiscal periods of
      Holdings.

     

    ARTICLE
      II

     

    THE
      CREDITS

     

    2.01  Amounts
      and
      Terms of Commitments and Loans.

     

    (a)  The
      Term A
      Credit.  On
      the
      terms and subject to the conditions set forth herein, each Term A Lender
      severally agrees to make a term loan (a “Term A
      Loan”)
      to Holdings on
      the Effective Date in an amount not to exceed the amount of the Term A
      Commitment of such Term A Lender as set forth in
      Schedule 2.01(a).  Amounts that have been borrowed as
      Term A
      Loans which are repaid or prepaid by Holdings may not be
      reborrowed.

     

    
      
        
        

      

      
        29

        
          

        

      

      
        
        

      

    

    (b)  The
      Term B
      Credit.  Holdings
      and each other Loan Party hereby acknowledge and agree that pursuant to the
      Existing Credit Agreement, certain Existing Lenders provided to Holdings term
      loans (each such loan, a “Term B
      Loan”)
      in the aggregate
      principal amount of $125,000,000, of which $122,812,500 is outstanding on the
      date hereof.  On the Effective Date, the amount of Term B
      Loans
      then outstanding and held by each Term B Lender (which for purposes
      of this
Section 2.01(b)
      shall include each
      Departing Term B Lender) shall be adjusted to reflect the changes in
      the
      Term B Lenders’ Term B Proportionate Shares of the aggregate
      outstanding Term B Loans, subject to Section 4.04.  Each
      Term B Lender having Term B Loans then outstanding and whose
      Term B Proportionate Share in respect of the aggregate outstanding
      Term B Loans has been decreased on the Effective Date shall be deemed
      to
      have assigned on the Effective Date, without recourse, to each Term B
      Lender increasing its Term B Proportionate Share of the aggregate
      outstanding Term B Loans on the Effective Date (which for purposes of
      this
Section 2.01(b)
      shall include each
      New Term B Lender) such portion of such Term B Loans as shall
      be
      necessary to effectuate such adjustment.  Each Term B
      Lender
      increasing its Term B Proportionate Share of the aggregate outstanding
      Term B Loans on the Effective Date shall (i) be deemed to have
      assumed
      such portion of such Term B Loans and (ii) fund on the Effective
      Date
      such assumed amounts to the Administrative Agent for the account of the
      assigning Term B Lender in accordance with the provisions hereof in
      the
      amount notified to such increasing Term B Lender by the Administrative
      Agent.  For purposes of this Section 2.01(b),
      each Departing
      Term B Lender shall be deemed to have reduced its Term B Proportionate
      Share to zero on the Effective Date.  From and after the Effective
      Date, after giving effect to the assignments and assumptions contemplated in
      this Section 2.01(b),
      each Departing
      Term B Lender shall cease to be a Term B Lender under and for
      all
      purposes of this Agreement and the other Loan Documents and shall have no
      further obligation to make Term B Loans; provided,
however,
      that each
      Departing Term B Lender shall continue to be entitled to the benefits
      of
Sections
      4.01,
4.03,
4.04,
11.04
      and 11.05
      to the extent
      accrued or arising on or prior to the Effective Date.  With effect
      on
      and after the Effective Date, each New Term B Lender shall be a party
      to
      this Agreement and succeed to all of the rights and be obligated to perform
      all
      of the obligations of a Term B Lender under this Agreement, including
      the
      requirements concerning confidentiality and the payment of indemnification,
      with
      Term B Loans in the amounts set forth on a schedule maintained with
      the
      Administrative Agent.  Each New Term B Lender agrees that
      it will
      perform in accordance with their terms all of the obligations which by the
      terms
      of this Agreement are required to be performed by it as a Term B
      Lender.  Amounts that have been borrowed as Term B Loans
      which
      are repaid or prepaid by Holdings may not be reborrowed.

     

    (c)  The
      Revolving
      Credit.  On
      the
      terms and subject to the conditions of this Agreement, each Revolving Lender
      severally agrees to advance to Holdings from time to time during the period
      beginning on the Effective Date and ending on the Revolving Loan Maturity Date
      such loans (each such loan, a “Revolving
      Loan”)
      in Dollars as
      Holdings may request under this Section 2.01(c);
provided,
however,
      that
      (i) after giving effect to any Borrowing of Revolving Loans, (A) the
      Effective Amount of all Revolving Loans and Swingline Loans and the Effective
      Amount of all L/C Obligations shall not exceed the combined Revolving
      Commitments of the Revolving Lenders and (B) the Effective Amount of the
      Revolving Loans of any Revolving Lender plus the participation of such Revolving
      Lender in the Effective Amount of all L/C Obligations and in the Effective
      Amount of all Swingline Loans shall not at any time exceed such Revolving
      Lender’s Revolving Commitment.  Within the limits of each Revolving
      Lender’s Revolving Commitment, and subject to the other terms and conditions
      hereof, Holdings may borrow under this Section 2.01(c),
      prepay under
Section 2.07
      and reborrow under
      this Section 2.01(c).  On
      the
      Effective Date, the amount of Revolving Loans then outstanding and held by
      each
      Revolving Lender (which for purposes of this Section 2.01(c)
      shall include each
      Departing Revolving Lender) shall be adjusted to reflect the changes in the
      Revolving Lenders’ Revolving Proportionate Shares, subject to Section 4.04.  Each
      Revolving Lender having Revolving Loans, or participations in L/C Obligations
      or
      Swing Line Loans, then outstanding and whose Revolving Proportionate Share
      has
      been decreased on the Effective Date shall be deemed to have assigned on the
      Effective Date, without recourse, to each Revolving Lender increasing its
      Revolving Proportionate Share on the Effective Date (which for purposes of
      this
Section 2.01(c)
      shall include each
      New Revolving Lender) such portion of such Revolving Loans and participations
      as
      shall be necessary to effectuate such adjustment.  Each Revolving
      Lender increasing its Revolving Proportionate Share on the Effective Date shall
      (i) be deemed to have assumed such portion of such Revolving Loans and
      participations and (ii) fund on the Effective Date such assumed amounts
      to
      the Administrative Agent for the account of the assigning Revolving Lender
      in
      accordance with the provisions hereof in the amount notified to such increasing
      Revolving Lender by the Administrative Agent.  For purposes of
      this
Section 2.01(c),
      each Departing
      Revolving Lender shall be deemed to have reduced its Revolving Proportionate
      Share to zero on the Effective Date.  From and after the Effective
      Date, after giving effect to the assignments and assumptions contemplated in
      this Section 2.01(c),
      each Departing
      Revolving Lender shall cease to be a “Revolving Lender” under and for all
      purposes of this Agreement and the other Loan Documents and shall have no
      further obligation to make Revolving Loans or participate in Letters of Credit
      or Swingline Loans; provided,
however,
      that each
      Departing Revolving Lender shall continue to be entitled to the benefits of
      Sections
      4.01,
4.03,
4.04,
11.04
      and 11.05
      to the extent
      accrued or arising on or prior to the Effective Date.  With effect
      on
      and after the Effective Date, each New Revolving Lender shall be a party to
      this
      Agreement and succeed to all of the rights and be obligated to perform all
      of
      the obligations of a Revolving Lender under this Agreement, including the
      requirements concerning confidentiality and the payment of indemnification,
      with
      a Revolving Commitment in the amounts set forth on Schedule 2.01(c).  Each
      New Revolving Lender agrees that it will perform in accordance with their terms
      all of the obligations which by the terms of this Agreement are required to
      be
      performed by it as a Revolving Lender.

     

    
      
        
        

      

      
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    (d)  Additional
      Term A Loans.  Upon
      Holding’s written notice to the Administrative Agent, on any Subsequent
      Effective Date, one or more Additional Lenders may, in their sole and absolute
      discretion, become parties to this Agreement (to the extent not already a party
      to this Agreement) for the purpose of making additional Term A Loans
      in an
      amount in excess of $25,000,000, provided
      that the aggregate
      amount of such additional Term A Loans shall not exceed the difference
      of
      (A) $150,000,000 minus
      (B) the total of
      (x) the amount (if any) by which the aggregate outstanding principal
      amount
      of the Term A Loans has been increased on all Subsequent Effective Dates
      that shall have occurred prior to the relevant Subsequent Effective Date
      pursuant to this Section 2.01(d) plus
      (y) the amount (if
      any) by which the aggregate outstanding principal amount of the Term B
      Loans has been increased on all Subsequent Effective Dates that shall have
      occurred either prior to, or simultaneous with, the relevant Subsequent
      Effective Date pursuant to Section 2.01(e) plus
      (z) the amount (if
      any) by which the Aggregate Revolving Commitment has been increased on all
      such
      Subsequent Effective Dates that shall have occurred prior to, or simultaneous
      with, the relevant Subsequent Effective Date pursuant to Section 2.01(f)
      (each such
      additional commitment of the Additional Lenders to make additional Term A
      Loans, an “Additional
      Term A Commitment”).  On
      the applicable Subsequent Effective Date, each Additional Lender holding an
      Additional Term A Commitment shall make a new single loan denominated
      in
      Dollars to Holdings in the amount of such Additional Lender’s Additional
      Term A Commitment (each such loan, an “Additional
      Term A Loan”)
      upon the terms
      and subject to the conditions contained herein, as such terms and conditions
      may
      be amended pursuant to Section 11.01
      hereof, and any
      such Additional Lenders not already party to this Agreement shall become parties
      to this Agreement by executing a counterpart signature page to this Agreement
      and shall be treated as a Term A Lender for all purposes of this Agreement
      from and after the relevant Subsequent Effective Date.  Once
      the
      Additional Term A Loans shall have been made pursuant to this Agreement,
      (i) the schedule of Term A Loans maintained by the Administrative
      Agent shall be deemed to have been amended to include all Additional Lenders
      holding Additional Term A Loans together with each Additional Lender’s
      respective Term A Proportionate Share, (ii) the schedule of
      Term A Loans maintained by the Administrative Agent shall be deemed
      to have
      been amended to adjust the Term A Proportionate Share of all other
      Term A Lenders party hereto, and (iii) Schedule
      2.09(a)
      hereto shall be
      deemed to have been amended to include the Additional Term A Loans in
      the
      then applicable Term A Loan amortization schedule based upon the
      percentages set forth therein.  The Additional Term A
      Loans of
      the Additional Lenders shall be deemed to be Term A Loans of such
      Term A Lenders under this Agreement and the other Loan Documents for
      all
      purposes.

     

    
      
        
        

      

      
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    (e)  Additional
      Term B Loans.  Upon
      Holding’s written notice to the Administrative Agent, on any Subsequent
      Effective Date, one or more Additional Lenders may, in their sole and absolute
      discretion, become parties to this Agreement (to the extent not already a party
      to this Agreement) for the purpose of making additional Term B Loans
      in an
      amount in excess of $25,000,000, provided
      that the aggregate
      amount of such additional Term B Loans shall not exceed the difference
      of
      (A) $150,000,000 minus
      (B) the total of
      (x) the amount (if any) by which the aggregate outstanding principal
      amount
      of the Term B Loans has been increased on all Subsequent Effective Dates
      that shall have occurred prior to the relevant Subsequent Effective Date
      pursuant to this Section 2.01(e) plus
      (y) the amount (if
      any) by which the aggregate outstanding principal amount of the Term A
      Loans has been increased on all Subsequent Effective Dates that shall have
      occurred either prior to, or simultaneous with, the relevant Subsequent
      Effective Date pursuant to Section 2.01(d) plus
      (z) the
      amount (if any) by which the Aggregate Revolving Commitment has been increased
      on all Subsequent Effective Dates that shall have occurred prior to, or
      simultaneous with, the relevant Subsequent Effective Date pursuant to
Section 2.01(f)
      (each such
      additional commitment of the Additional Lenders to make additional Term B
      Loans, an “Additional
      Term B Commitment”).  On
      the applicable Subsequent Effective Date, each Additional Lender holding an
      Additional Term B Commitment shall make a new single loan denominated
      in
      Dollars to Holdings in the amount of such Additional Lender’s Additional
      Term B Commitment (each such loan, an “Additional
      Term B Loan”)
      upon the terms
      and subject to the conditions contained herein, as such terms and conditions
      may
      be amended pursuant to Section 11.01
      hereof, and any
      such Additional Lenders not already party to this Agreement shall become parties
      to this Agreement by executing a counterpart signature page to this Agreement
      and shall be treated as a Term B Lender for all purposes of this Agreement
      from and after the relevant Subsequent Effective Date.  Once
      the
      Additional Term B Loans shall have been made pursuant to this Agreement,
      (1) the schedule of Term B Loans maintained by the Administrative Agent
      shall be deemed to have been amended to include all Additional Lenders holding
      an Additional Term B Loan together with each such Additional Lender’s
      respective Term B Proportionate Share, (ii) the schedule of
      Term B Loans maintained by the Administrative Agent shall be deemed
      to have
      been amended to adjust the Term B Proportionate Share of all other
      Term B Lenders party hereto, and (iii) Schedule
      2.09(b)
      hereto shall be
      deemed to have been amended to include the Additional Term B Loans in
      the
      then applicable Term B Loan amortization schedule based upon the
      percentages set forth therein.  The Additional Term B
      Loans of
      the Additional Lenders shall be deemed to be Term B Loans of such
      Term B Lenders under this Agreement and the other Loan Documents for
      all
      purposes.

     

    
      
        
        

      

      
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    (f)  Additional
      Revolving Commitments.  Upon
      Holding’s written notice to the Administrative Agent, on any Subsequent
      Effective Date one or more Additional Lenders may, in their sole and absolute
      discretion, provide additional Revolving Commitments in an amount in excess
      of
      $25,000,000, provided
      that the aggregate
      amount of such additional Revolving Commitments shall not exceed the difference
      of (A) $150,000,000 minus
      (B) the total of
      (x) the amount (if any) by which the Aggregate Revolving Commitment
      has
      been increased on all Subsequent Effective Dates that shall have occurred prior
      to the relevant Subsequent Effective Date pursuant to this Section 2.01(f) plus
      (y) the
      amount (if any) by which the aggregate outstanding principal amount of the
      Term A
Loans
      has been
      increased on all Subsequent Effective Dates that shall have occurred either
      prior to, or simultaneous with, the relevant Subsequent Effective Date pursuant
      to Section 2.01(d) plus
      (z) the
      amount (if any) by which the aggregate outstanding principal amount of the
      Term B Loans has been increased on all Subsequent Effective Dates that
      shall have occurred prior to, or simultaneous with, the relevant Subsequent
      Effective Date pursuant to Section 2.01(e)
      (each such
      additional commitment, an “Additional
      Revolving Commitment”),
      which
      Additional Revolving Commitment may thereafter be made available to Holdings
      as
      Revolving Loans.  Any Additional Lender not already party to
      this
      Agreement shall become a party to this Agreement by executing a counterpart
      signature page to this Agreement and shall be treated as a Revolving Lender
      for
      all purposes of this Agreement from and after the Subsequent Effective
      Date.  Once such Additional Revolving Commitments shall be deemed
      to
      have been made available pursuant to this Agreement, (i) Schedule 2.01(c)
      hereto shall be
      deemed to have been amended to include all Additional Lenders holding an
      Additional Revolving Commitment together with such Additional Lender’s
      respective Revolving Commitment and Revolving Proportionate Share,
      (ii) Schedule 2.01(c)
      hereto shall be
      deemed to have been amended to adjust the Revolving Proportionate Share of
      all
      other Revolving Lenders party hereto, and (iii) the definition of
“Aggregate Revolving Commitment” shall be deemed to have been amended to include
      the Additional Revolving Commitments provided by such Additional Lenders on
      the
      relevant Subsequent Effective Date.  To effect the foregoing,
      on the
      Subsequent Effective Date, the amount of Revolving Loans then outstanding and
      held by each Revolving Lender shall be adjusted to reflect the changes in the
      Revolving Lenders’ Revolving Proportionate Shares, subject to Section 4.04.  Each
      Revolving Lender having Revolving Loans, or participations in L/C Obligations
      or
      Swing Line Loans, then outstanding and whose Revolving Proportionate Share
      has
      been decreased on the Subsequent Effective Date shall be deemed to have assigned
      on the Subsequent Effective Date, without recourse, to each Revolving Lender
      increasing its Revolving Proportionate Share on the Subsequent Effective Date
      such portion of such Revolving Loans and participations as shall be necessary
      to
      effectuate such adjustment.  Each Revolving Lender increasing
      its
      Revolving Proportionate Share on the Subsequent Effective Date shall (i) be
      deemed to have assumed such portion of such Revolving Loans and participations
      and (ii) fund on the Subsequent Effective Date such assumed amounts
      to the
      Administrative Agent for the account of the assigning Revolving Lender in
      accordance with the provisions hereof in the amount notified to such increasing
      Revolving Lender by the Administrative Agent.  On and after each
      Subsequent Effective Date, after giving effect to any Borrowing of Revolving
      Loans, (i) the Effective Amount of all Revolving Loans and Swingline
      Loans
      and the Effective Amount of all L/C Obligations shall not exceed the combined
      Revolving Commitments (inclusive of the Additional Revolving Commitments) of
      the
      Revolving Lenders; and (ii) the Effective Amount of the Revolving Loans
      of
      any Revolving Lender plus
      the participation
      of such Revolving Lender in the Effective Amount of all L/C Obligations and
      in
      the Effective Amount of all Swingline Loans shall not at any time exceed such
      Revolving Lender’s Revolving Commitment (inclusive of its Additional Revolving
      Commitment, if any).  On and after the Subsequent Effective Date,
      each
      Additional Lender holding an Additional Revolving Commitment shall be a
      Revolving Lender under this Agreement and the other Loan Documents for all
      purposes with a Revolving Commitment and a Revolving Proportionate Share as
      set
      forth on Schedule 2.01(c),
      as deemed amended
      in clause (i) above, with the rights, duties and obligations of a Revolving
      Lender under this Agreement and the other Loan Documents.

     

    
      
        
        

      

      
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    2.02  Loan
      Accounts.  (a)
      The Loans made by
      each Lender and the Letters of Credit Issued by the L/C Issuer shall be
      evidenced by one or more accounts or records maintained by such Lender or L/C
      Issuer, as the case may be, in the ordinary course of business.  The
      accounts or records maintained by the Administrative Agent, the L/C Issuer
      and
      each Lender shall be conclusive absent manifest error of the amount of the
      Loans
      made by the Lenders to Holdings and the Letters of Credit Issued for the account
      of Holdings, and the interest and payments thereon.  Any failure
      so to
      record or any error in doing so shall not, however, limit or otherwise affect
      the obligation of Holdings hereunder to pay any amount owing with respect to
      the
      Loans or any Letter of Credit.

     

    (b)  Upon
      the request of
      any Lender made through the Administrative Agent, the Loans made by such Lender
      may be evidenced by one or more Notes, instead of or in addition to loan
      accounts.  Each such Lender shall endorse on the schedules annexed
      to
      its Note(s) the date, amount and maturity of each Loan made by it and the amount
      of each payment of principal made by Holdings with respect
      thereto.  Each such Lender is irrevocably authorized by Holdings
      to
      endorse its Note(s), and each Lender’s record shall be conclusive absent
      manifest error; provided,
however,
      that the failure
      of a Lender to make, or an error in making, a notation thereon with respect
      to
      any Loan shall not limit or otherwise affect the obligations of Holdings
      hereunder or under any such Note to such Lender.

     

    2.03  Procedure
      for
      Borrowing.  (a)
      Each Borrowing of
      Revolving Loans and Term Loans shall be made upon Holdings’ irrevocable written
      notice delivered to the Administrative Agent in the form of a Notice of
      Borrowing (which notice must be received by the Administrative Agent
      (i) prior to 9:00 a.m. (San Francisco time) at least three (3) Business
      Days prior to the requested Borrowing Date, in the case of Offshore Rate Loans;
      and (ii) prior to 9:00 a.m. (San Francisco time) on the requested
      Borrowing Date, in the case of Base Rate Loans, specifying:

     

    (i)  the
      amount of the
      Borrowing, which shall be in a Minimum Amount, and whether such Borrowing shall
      be of Term A Loans, Term B Loans or Revolving Loans;

     

    (ii)  the
      requested
      Borrowing Date, which shall be a Business Day;

     

    (iii)  the
      Type of Loans
      comprising the Borrowing; and

     

    
      
        
        

      

      
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    (iv)  if
      applicable, the
      duration of the Interest Period applicable to such Loans included in such
      notice, subject to the provisions of the definition of “Interest Period”
      herein.  If the Notice of Borrowing fails to specify the duration
      of
      the Interest Period for any Borrowing comprised of Offshore Rate Loans, such
      Interest Period shall be one month;

     

    provided,
however,
      that with respect
      to the Borrowing to be made on the Effective Date and on any Subsequent
      Effective Date, the Notice of Borrowing shall be delivered to the Administrative
      Agent not later than 11:00 a.m. (San Francisco time) one (1) Business Day before
      the Effective Date or Subsequent Effective Date, as the case may
      be.

     

    (b)  The
      Administrative
      Agent will promptly notify each Revolving Lender, Term A Lender or
      Term B Lender, as applicable, of its receipt of any Notice of Borrowing
      and
      of the amount of such Lender’s Proportionate Share of that
      Borrowing.

     

    (c)  Each
      Lender will
      make the amount of its Proportionate Share of each Borrowing available to the
      Administrative Agent for the account of Holdings at the Administrative Agent’s
      Payment Office by 11:00 a.m. (San Francisco time) on the Borrowing Date
      requested by Holdings in funds immediately available to the Administrative
      Agent.  The proceeds of each such Borrowing will then be made
      available to Holdings by the Administrative Agent at such office by crediting
      the account of Holdings on the books of Wells Fargo with the aggregate of the
      amounts made available to the Administrative Agent by the Lenders and in like
      funds as received by the Administrative Agent, or if requested by Holdings,
      by
      wire transfer in accordance with written instructions provided to the
      Administrative Agent by Holdings of such funds as received by the Administrative
      Agent, unless on the date of the Borrowing all or any portion of the proceeds
      thereof shall then be required to be applied to the repayment of any outstanding
      Loans, in which case such proceeds or portion thereof shall be applied to the
      payment of such Loans.

     

    (d)  After
      giving effect
      to any Borrowing, unless the Administrative Agent shall otherwise consent,
      there
      may not be more than eight different Interest Periods in effect.

     

    2.04  Conversion
      and
      Continuation Elections.  (a)
      Holdings may, upon
      irrevocable written notice to the Administrative Agent in accordance with
Section 2.04(b):

     

    (i)  elect,
      as of any
      Business Day, in the case of Base Rate Loans, or as of the last day of the
      applicable Interest Period, in the case of any Offshore Rate Loans, to convert
      any such Loans (or any part thereof in a Minimum Amount) into Loans of any
      other
      Type; or

     

    (ii)  elect,
      as of the
      last day of the applicable Interest Period, to continue any Offshore Rate Loans
      having Interest Periods expiring on such day (or any part thereof in a Minimum
      Amount);

     

    provided
      that if at any
      time the aggregate amount of Offshore Rate Loans in respect of any Borrowing
      is
      reduced, by payment, prepayment, or conversion of part thereof to be less than
      $5,000,000, such Offshore Rate Loans shall automatically convert into Base
      Rate
      Loans, and on and after such date the right of Holdings to continue such Loans
      as, and convert such Loans into, Offshore Rate Loans, shall
      terminate.

     

    
      
        
        

      

      
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    (b)  Holdings
      shall
      deliver a Notice of Conversion/Continuation to be received by the Administrative
      Agent (i) not later than 9:00 a.m. (San Francisco time) at least three
      (3)
      Business Days in advance of the Conversion/ Continuation Date, if the Loans
      are
      to be converted into or continued as Offshore Rate Loans; and (ii) prior
      to
      9:00 a.m. (San Francisco time) on the Conversion/Continuation Date, if the
      Loans
      are to be converted into Base Rate Loans, specifying:

     

    (i)  the
      proposed
      Conversion/Continuation Date;

     

    (ii)  the
      aggregate
      amount of Loans to be converted or continued;

     

    (iii)  the
      Type of Loans
      resulting from the proposed conversion or continuation; 

     

    (iv)  other
      than in the
      case of conversions into Base Rate Loans, the duration of the requested Interest
      Period, subject to the provisions of the definition of “Interest Period” herein;
      and

     

    (v)  whether
      such
      conversion or continuation shall be of Term A Loans, Term B Loans
      or
      Revolving Loans. 

     

    (c)  If
      upon the
      expiration of any Interest Period applicable to Offshore Rate Loans, Holdings
      has failed to select timely a new Interest Period to be applicable to such
      Offshore Rate Loans, or if any Default or Event of Default then exists, Holdings
      shall be deemed to have elected to convert such Offshore Rate Loans into Base
      Rate Loans effective as of the expiration date of such Interest
      Period.

     

    (d)  The
      Administrative
      Agent will promptly notify each Term A Lender, Term B Lender
      and
      Revolving Lender, as applicable, of its receipt of a Notice of
      Conversion/Continuation, or, if no timely notice is provided by Holdings, the
      Administrative Agent will promptly notify each applicable Lender of the details
      of any automatic conversion.  All conversions and continuations
      shall
      be made ratably according to the respective outstanding principal amounts of
      the
      Loans with respect to which the notice was given held by each
      Lender.

     

    (e)  Unless
      the Majority
      Lenders otherwise consent, during the existence of a Default or Event of
      Default, Holdings may not elect to have a Loan converted into or continued
      as an
      Offshore Rate Loan.

     

    (f)  After
      giving effect
      to any conversion or continuation of Loans, unless the Administrative Agent
      shall otherwise consent, there may not be more than eight (8) different Interest
      Periods in effect.

     

    2.05  Voluntary
      Termination or Reduction of Commitments.  (a)
      Holdings may, upon
      not less than three (3) Business Days’ prior written notice to the
      Administrative Agent, terminate the Revolving Commitments, or permanently reduce
      the Revolving Commitments, provided
      that the aggregate
      amount of any partial reduction is in a Minimum Amount; unless, after giving
      effect thereto and to any prepayments of any Loans made on the effective date
      thereof, (i) the Effective Amount of all Revolving Loans, Swingline
      Loans
      and L/C Obligations together would exceed the combined Revolving Commitments
      of
      the Revolving Lenders then in effect, or (ii) the Effective Amount of
      all
      L/C Obligations would exceed the L/C Commitment then in effect.  Once
      reduced in accordance with this Section 2.05,
      the Revolving
      Commitments may not be increased (except pursuant to Section 2.01(f)).  Any
      reduction of the Revolving Commitments shall be applied to each Revolving Lender
      according to its Revolving Proportionate Share.  If and to the
      extent
      specified by Holdings in the notice to the Administrative Agent, some or all
      of
      the reduction in the Revolving Commitments shall be applied to reduce the L/C
      Commitment.  All accrued commitment and letter of credit fees
      to, but
      not including, the effective date of any reduction or termination of Revolving
      Commitments, shall be paid on the effective date of such reduction or
      termination.

     

    
      
        
        

      

      
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    (b)  At
      no time shall
      the Swingline Commitment exceed the combined Revolving Commitments of the
      Revolving Lenders, and any reduction of the Revolving Commitments which reduces
      the combined Revolving Commitments of the Revolving Lenders below the
      then-current amount of the Swingline Commitment shall result in an automatic
      corresponding reduction of the Swingline Commitment to the amount of the
      combined Revolving Commitments of the Revolving Lenders, as so reduced, without
      any action on the part of the Swingline Lender.

     

    2.06  Swingline
      Loans.  (a)
      On the terms and
      subject to the conditions set forth herein, the Swingline Lender agrees to
      make
      a portion of the Revolving Commitment available to Holdings by making swingline
      loans denominated in Dollars (individually, a “Swingline
      Loan”,
      and,
      collectively, the “Swingline
      Loans”)
      to Holdings on
      any Business Day during the period from the Effective Date to the Revolving
      Loan
      Maturity Date in accordance with the procedures set forth in this Section 2.06
      in an aggregate
      principal amount at any one time outstanding not to exceed Thirty Million
      Dollars ($30,000,000), notwithstanding the fact that such Swingline Loans,
      when
      aggregated with any other Revolving Loans made by or Letters of Credit
      participated in by the Swingline Lender, may exceed the Swingline Lender’s
      Revolving Commitment (the amount of such commitment of the Swingline Lender
      to
      make Swingline Loans to Holdings pursuant to this Section 2.06(a),
      as the same shall
      be reduced pursuant to Section 2.05
      or Section 2.08
      or as a result of
      any assignment pursuant to Section 11.08,
      the Swingline
      Lender’s “Swingline
      Commitment”);
provided
      that at no time
      shall (i) the sum of the Effective Amount of all Swingline Loans
plus
      the Effective
      Amount of all Revolving Loans plus
      the Effective
      Amount of all L/C Obligations exceed the combined Revolving Commitments of
      the
      Revolving Lenders, or (ii) the Effective Amount of all Swingline Loans
      exceed the Swingline Commitment.  Additionally, no more than
      three
      Swingline Loans may be outstanding at any one time, and all Swingline Loans
      shall at all times accrue interest at the Base Rate plus
      the Applicable
      Margin (for Base Rate Loans) or at such other rate as may be agreed to by the
      Swingline Lender and Holdings.  Within the foregoing limits,
      and
      subject to the other terms and conditions hereof, Holdings may borrow under
      this
Section 2.06(a),
      prepay pursuant
      to Section 2.07
      and reborrow
      pursuant to this Section 2.06(a).

     

    (b)  Holdings
      shall
      provide the Administrative Agent irrevocable written notice (including notice
      via facsimile confirmed immediately by a telephone call) in the form of a Notice
      of Borrowing of any Swingline Loan requested hereunder (which notice must be
      received by the Administrative Agent prior to 11:00 a.m. (San Francisco time)
      on
      the requested Borrowing Date) specifying (i) the amount to be borrowed,
      which shall be in a Minimum Amount, and (ii) the requested Borrowing
      Date,
      which shall be a Business Day.  Unless the Swingline Lender has
      received notice prior to 11:00 a.m. (San Francisco time) on such Borrowing
      Date
      from the Administrative Agent (including at the request of any Revolving Lender)
      (A) directing the Swingline Lender not to make the requested Swingline
      Loan
      as a result of the limitations set forth in the proviso
      set forth in
Section 2.06(a);
      or (B) that one
      or more conditions specified in Article
      V
      are not then satisfied; then,
      subject to the
      terms and conditions hereof, the Swingline Lender will, not later than 12:00
      noon (San Francisco time) on the Borrowing Date specified in such Notice of
      Borrowing, make the amount of its Swingline Loan available to Holdings by
      crediting the account of Holdings on the books of Wells Fargo or if requested
      by
      Holdings, by wire transfer in accordance with written instructions provided
      to
      the Administrative Agent by Holdings.  The Administrative Agent
      will
      notify the Revolving Lenders on a quarterly basis if any Swingline Loan
      Borrowings occurred during such quarter.

     

    
      
        
        

      

      
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    (c)  Holdings
      shall
      repay to the Swingline Lender in full on the Revolving Loan Maturity Date the
      aggregate principal amount of the Swingline Loans outstanding on the Revolving
      Loan Maturity Date.

     

    (d)  For
      one (1)
      Business Day during each successive ten (10) Business Day period, the aggregate
      principal amount of Swingline Loans shall be $0 (a “Clean-Up
      Day”);
      Holdings shall
      prepay the outstanding principal amount of the Swingline Loans in whole to
      the
      extent required so that a Clean-Up Day may occur in each such ten (10) Business
      Day period as provided in this Section 2.06(d)
      (which Swingline
      Loans may not be reborrowed until such Clean-Up Day has ended).

     

    (e)  If:

     

    (i)  any
      Swingline Loans
      shall remain outstanding at 9:00 a.m. (San Francisco time) on any day required
      to be a Clean-Up Day (by virtue of there being Swingline Loans outstanding
      for
      ten consecutive Business Days) and by such time on such Business Day the
      Administrative Agent shall have received neither: (A) a Notice of Borrowing
      delivered pursuant to Section 2.03
      requesting that
      Revolving Loans be made pursuant to Section 2.01
      on the Clean-Up
      Day in an amount at least equal to the aggregate principal amount of such
      Swingline Loans; nor (B) any other notice indicating Holdings’ intent to repay
      such Swingline Loans with funds obtained from other sources; or

     

    (ii)  any
      Swingline Loans
      shall remain outstanding during the existence of an Event of Default and the
      Swingline Lender shall in its sole discretion notify the Administrative Agent
      that the Swingline Lender desires that such Swingline Loans be converted into
      Revolving Loans;

     

    
      
        
        

      

      
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    then
      the Administrative
      Agent shall be deemed to have received a Notice of Borrowing from Holdings
      pursuant to Section 2.03
      requesting that
      Revolving Loans consisting of Base Rate Loans be made pursuant to Section 2.01(c)
      on
      such Clean-Up Day (in the case of the circumstances described in clause
      (i) above) or on the first Business Day subsequent to the date of such
      notice from the Swingline Lender (in the case of the circumstances described
      in
      clause (ii) above) in an amount equal to the aggregate amount of such
      Swingline Loans, the proceeds of which Revolving Loans shall be applied to
      repay
      such Swingline Loans, and the procedures set forth in Section 2.03(b)
      and Section 2.03(c)
      shall be followed
      in making such Revolving Loans; provided,
      that such
      Revolving Loans shall be made notwithstanding Holdings’ failure to comply with
Section 5.04;
      and provided,
further,
      that if a
      Borrowing of Revolving Loans becomes legally impracticable and if so required
      by
      the Swingline Lender at the time such Revolving Loans are required to be made
      by
      the Revolving Lenders in accordance with this Section 2.06(e),
      each Revolving
      Lender agrees that in lieu of making Revolving Loans as described in this
Section 2.06(e),
      such Revolving
      Lender shall purchase a participation from the Swingline Lender in the
      applicable Swingline Loans in an amount equal to such Revolving Lender’s
      Revolving Proportionate Share of such Swingline Loans, and the procedures set
      forth in Section 2.03(b)
      and Section 2.03(c)
      shall be followed
      in connection with the purchases of such participations.  Upon
      such
      purchases of participations the prepayment requirements of Section 2.06(d)
      shall
      be deemed
      waived with respect to such Swingline Loans.  If any Swingline
      Loan
      shall remain outstanding in lieu of a Borrowing of Revolving Loans as provided
      above, interest on such Swingline Loan shall be due and payable on demand and
      shall accrue at the rate then applicable to Revolving Loans consisting of Base
      Rate Loans.  A copy of each notice given by the Administrative
      Agent
      to the Revolving Lenders pursuant to this Section 2.06(e)
      with respect to
      the making of Revolving Loans, or the purchases of participations, shall be
      promptly delivered by the Administrative Agent to Holdings.  Each
      Revolving Lender’s obligation in accordance with this Agreement to make the
      Revolving Loans, or purchase the participations, as contemplated by this
Section 2.06(e),
      shall be absolute
      and unconditional and shall not be affected by any circumstance, including
      (1)
      any set-off, counterclaim, recoupment, defense or other right which such
      Revolving Lender may have against the Swingline Lender, Holdings or any other
      Person for any reason whatsoever; (2) the occurrence or continuance of a
      Default, an Event of Default or a Material Adverse Effect; or (3) any other
      circumstance, happening or event whatsoever, whether or not similar to any
      of
      the foregoing.

     

    2.07  Optional
      Prepayments.  Subject
      to Section 4.04,
      Holdings may, at
      any time or from time to time, in the case of Offshore Rate Loans, upon not
      less
      than three (3) Business Days’ irrevocable written notice to the Administrative
      Agent, and in the case of Base Rate Loans, upon irrevocable written notice
      to
      the Administrative Agent provided prior to 9:00 a.m. on the day of such
      prepayment (provided that in the case of Base Rate Loans, if such prepayment
      is
      received by the Administrative Agent on or prior to 11:00 a.m. (San Francisco
      time) on any day, such payment shall be applied against the outstanding Loans
      on
      the same day), ratably prepay Loans in whole or in part, in Minimum Amounts
      without penalty.  Such notice of prepayment shall specify the
      date and
      amount of such prepayment, whether such prepayment of Loans is of Term A
      Loans, Term B Loans, Revolving Loans or Swingline Loans (or a combination
      thereof) and the Type(s) of Loans to be prepaid.  The Administrative
      Agent will promptly notify the Term A Lenders, the Term B Lenders,
      the
      Revolving Lenders or the Swingline Lender, as applicable, of its receipt of
      any
      such notice and of such prepayment.  If such notice is given
      by
      Holdings, Holdings shall make such prepayment and the payment amount specified
      in such notice shall be due and payable on the date specified therein, together
      with (other than in the case of Base Rate Loans) accrued interest to each such
      date on the amount prepaid and any amounts required pursuant to Section 4.04.  Optional
      prepayments of Term A Loans shall be applied to reduce the Term A Loans
      with respect to each remaining installment of principal pro rata
      in accordance with
      the then remaining installments payable under Section 2.09(a).  Optional
      prepayments of Term B Loans shall be applied to reduce the Term B
      Loans with respect to each remaining installment of principal pro rata
      in accordance with
      the then remaining installments payable under Section 2.09(b).

     

    
      
        
        

      

      
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    2.08  Mandatory
      Prepayments of Loans; Mandatory Commitment Reductions.

     

    (a)  Mandatory
      Prepayments of Loans.

     

    (i)  If
      at any time the
      Effective Amount of all L/C Obligations exceeds the L/C Commitment, Holdings
      shall Cash Collateralize on such date the outstanding Letters of Credit in
      an
      amount equal to the excess of the maximum amount then available to be drawn
      under the Letters of Credit over the L/C Commitment.

     

    (ii)  If
      at any time, the
      Effective Amount of all Revolving Loans and Swingline Loans plus
      the Effective
      Amount of all L/C Obligations exceeds the combined Revolving Commitments of
      the
      Revolving Lenders, Holdings shall immediately, and without notice or demand,
      prepay the outstanding principal amount of the Revolving Loans, Swingline Loans
      and L/C Advances by an amount equal to the applicable excess.

     

    (iii)  If
      Holdings, the
      Company or any other Subsidiary shall at any time or from time to time during
      any fiscal year make or agree to make a Disposition, then (A) Holdings
      shall promptly notify the Administrative Agent in advance of such Disposition
      (including the amount of the estimated Net Proceeds to be received by Holdings,
      the Company or such other Subsidiary in respect thereof), and (B) if, after
      giving effect to such Disposition, the Net Proceeds of all Dispositions which
      have occurred in such fiscal year are greater than $20,000,000 in the aggregate,
      then promptly upon, and in no event later than one (1) Business Day after,
      receipt by Holdings, the Company or the other Subsidiary of the Net Proceeds
      of
      such Disposition, Holdings shall prepay the Term Loans in an aggregate amount
      equal to 100% of the amount by which the Net Proceeds of such Disposition when
      added to the Net Proceeds received by Holdings, the Company or any other
      Subsidiary on account of all other Dispositions which have occurred in such
      fiscal year, less the amount, if any, of Net Proceeds already so applied in
      such
      fiscal year, exceeds $20,000,000; provided,
however,
      that with respect
      to any Non-Wholly-Owned Subsidiary, Holdings shall only be required to prepay
      the Term Loans as provided above in an amount equal to the ratable portion
      of
      the Net Proceeds received by such Non-Wholly-Owned Subsidiary based on Holdings’
      direct or indirect interest in such Non-Wholly-Owned Subsidiary. 

     

    (iv)  If
      Holdings, the
      Company or any other Subsidiary shall at any time or from time to time issue
      any
      debt securities or otherwise borrow money (other than any Loans) for cash
      consideration in excess of $25,000,000 in the aggregate for all such issuances
      and borrowings from and after the Effective Date, then (i) Holdings
      shall
      promptly notify the Administrative Agent in advance of the estimated Net
      Issuance Proceeds of such issuance or borrowing, and (ii) promptly upon,
      and in no event later than one (1) Business Day after, receipt by Holdings,
      the
      Company or the other Subsidiary of the Net Issuance Proceeds of such issuance
      or
      borrowing, Holdings shall prepay the Term Loans in an aggregate amount equal
      to
      the amount of all Net Issuance Proceeds received by Holdings, the Company or
      any
      such other Subsidiary on account of such issuance or borrowing; provided,
however,
      that with respect
      to any Non-Wholly-Owned Subsidiary, Holdings shall only be required to prepay
      the Term Loans as provided above in an amount equal to the ratable portion
      of
      the Net Issuance Proceeds received by such Non-Wholly-Owned Subsidiary in
      respect of such issuance or borrowing based on Holdings’ direct or indirect
      interest in such Non-Wholly-Owned Subsidiary.

     

    
      
        
        

      

      
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    (v)  Any
      prepayments
      pursuant to this Section 2.08
      shall be subject
      to Section 4.04
      and applied,
      first, to any Base Rate Loans then outstanding and then to Offshore Rate Loans
      with the shortest Interest Periods remaining; provided,
however,
      that if the
      amount of Base Rate Loans then outstanding is not sufficient to satisfy the
      entire prepayment requirement, Holdings may, at its option, place any amounts
      which it would otherwise be required to use to prepay Offshore Rate Loans on
      a
      day other than the last day of the Interest Period therefor into an
      interest-bearing account pledged to the Administrative Agent for the benefit
      of
      the Lenders until the end of such Interest Period at which time such pledged
      amounts will be applied to prepay such Offshore Rate Loans.  Holdings
      shall pay, together with each prepayment under this Section 2.08,
      accrued interest
      on the amount of any Offshore Rate Loans prepaid and any amounts required
      pursuant to Section 4.04.  Prepayments
      of Term Loans pursuant to this Section 2.08
      shall be applied
pro rata
      to the Term A
      Loans and Term B Loans then outstanding.  Within each Term Loan
      tranche, such prepayments of Term A Loans shall be applied to reduce the Term
      A
      Loans with respect to each remaining installment of principal pro rata
      in accordance with
      the then remaining installments payable under Section 2.09(a),
      and such
      prepayments of Term B Loans shall be applied to reduce the Term B Loans with
      respect to each remaining installment of principal pro rata
      in accordance with
      the then remaining installments payable under Section 2.09(b).

     

    (b)  Mandatory
      Commitment Reductions.

     

    (i)  The
      Aggregate
      Revolving Commitment shall be automatically and permanently reduced to $0 on
      the
      Revolving Loan Maturity Date.

     

    (ii)  If,
      on the
      Effective Date, the Aggregate Term A Commitment shall exceed the
      outstanding principal amount of the Term A Loans made on the Effective
      Date, such unused portion of the Aggregate Term A Commitment shall
      thereafter automatically terminate on the Effective Date.

     

    (c)  Optional
      Waiver
      of Prepayments.  Any
      Term Lender may
      elect, by notice to the Administrative Agent in writing (or by telephone or
      telecopy promptly confirmed in writing) at least one Business Day prior to
      any
      prepayment of the Term Loans required to be made by Holdings for the account
      of
      such Lender pursuant to this Section 2.08,
      to waive all or a
      portion of such prepayment.  In the event one or more Term Lenders
      elects to waive all or a portion of any such prepayment, the pro rata
      allocation of the
      prepayment across the applicable Term Loan tranche shall be adjusted
      accordingly.

     

    2.09  Repayment.  (a) The
      Term A
      Loans.  Holdings
      shall repay to the Administrative Agent for the account of the Term A
      Lenders the aggregate principal amount of Term A Loans in quarterly
      installments on the last Business Day of each calendar quarter, commencing
      on
      September 30, 2006, in the applicable amounts set forth on Schedule
      2.09(a)
      hereto (or as such
      Schedule may be amended pursuant to Section 2.01(d)
      hereof).

     

    
      
        
        

      

      
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    (b)  The
      Term B
      Loans.  Holdings
      shall repay to the Administrative Agent for the account of the Term B
      Lenders the aggregate principal amount of Term B Loans in quarterly
      installments on the last Business Day of each calendar quarter, commencing
      on
      June 30, 2005, in the applicable amounts set forth on Schedule
      2.09(b)
      hereto (or as such
      Schedule may be amended pursuant to Section 2.01(e)
      hereof).

     

    (c)  The
      Revolving
      Loans and Swingline Loans.  Holdings
      shall repay to the Administrative Agent for the account of the Revolving Lenders
      and Swingline Lender on the Revolving Loan Maturity Date the aggregate principal
      amount of Revolving Loans and Swingline Loans outstanding on such
      date.

     

    2.10  Interest.  (a)
      (i) Subject
      to Section 2.10(c)
      below, each
      Revolving Loan and Term Loan shall bear interest on the outstanding principal
      amount thereof from the applicable Borrowing Date at a rate per annum equal
      to
      the Offshore Rate or the Base Rate, as the case may be (and subject to Holdings’
      right to convert to other Types of Loans under Section 2.04),
plus
      the Applicable
      Margin; and (ii) each Swingline Loan shall bear interest on the outstanding
      principal amount thereof from the applicable Borrowing Date at a rate per annum
      equal to the Base Rate plus
      the Applicable
      Margin (for Base Rate Loans), or at such other rate as may be agreed to by
      the
      Swingline Lender.

     

    (b)  Interest
      on each
      Revolving Loan, Term Loan and Swingline Loan shall be paid in arrears on each
      Interest Payment Date.  Interest shall also be paid on the date
      of any
      prepayment of Loans (other than Base Rate Loans) under Section 2.07
      or Section 2.08
      for the portion of
      such Loans so prepaid and upon payment (including prepayment) in full thereof,
      and on the Revolving Loan Maturity Date, the Term A Loan Maturity Date
      or
      Term B Loan Maturity Date, as applicable.  During the
      existence
      of any Event of Default, interest shall be paid on demand of the Administrative
      Agent at the request or with the consent of the Majority Lenders.

     

    (c)  Notwithstanding
      Section 2.10(a),
      while any Event
      of Default exists or after acceleration, Holdings shall pay interest (after
      as
      well as before entry of judgment thereon to the extent permitted by law) on
      the
      principal amount of all outstanding Loans and other Obligations of Holdings,
      at
      a rate per annum which is determined by adding 2% per annum to the Applicable
      Margin then in effect for such Loans and other Obligations and, in the case
      of
      Obligations not subject to an Applicable Margin, at a rate per annum equal
      to
      the Base Rate plus
      the Applicable
      Margin then in effect for Revolving Loans consisting of Base Rate Loans,
plus
      2% per annum;
provided,
however,
      that on and after
      the expiration of any Interest Period applicable to any Offshore Rate Loan
      outstanding on the date of occurrence of such Event of Default or acceleration,
      the principal amount of such Loan shall, during the continuation of such Event
      of Default or after acceleration, bear interest at a rate per annum equal to
      the
      Base Rate, plus
      the Applicable
      Margin then in effect for Base Rate Loans, plus
      2% per
      annum.

     

    (d)  Anything
      herein to
      the contrary notwithstanding, the obligations of Holdings to any Lender
      hereunder shall be subject to the limitation that payments of interest shall
      not
      be required for any period for which interest is computed hereunder, to the
      extent (but only to the extent) that contracting for or receiving such payment
      by such Lender would be contrary to the provisions of any law applicable to
      such
      Lender limiting the highest rate of interest that may be lawfully contracted
      for, charged or received by such Lender, and in such event Holdings shall pay
      such Lender interest at the highest rate permitted by applicable
      law.

     

    
      
        
        

      

      
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    2.11  Fees.  In
      addition to certain fees described in Section 3.08:

     

    (a)  Arrangement
      and
      Agency Fees.  Holdings
      shall pay the fees specified in that certain letter agreement (the “Fee
      Letter”)
      between Holdings
      and Wells Fargo Bank dated May 18, 2005.

     

    (b)  Commitment
      Fees.  Holdings
      shall pay to the Administrative Agent for the account of each Revolving Lender
      a
      commitment fee on the actual daily unused portion of such Revolving Lender’s
      Revolving Commitment (the “Available
      Commitment”),
      computed on a
      quarterly basis in arrears on the last Business Day of each calendar quarter
      based upon the daily utilization for that quarter as calculated by the
      Administrative Agent at a rate per annum equal to the Applicable Fee Amount
      (such fees, the “Commitment
      Fees”).  For
      purposes of calculating the Available Commitment under this Section 2.11,
      the Revolving
      Commitments shall be deemed used to the extent of the Effective Amount of
      Revolving Loans then outstanding plus the Effective Amount of L/C Obligations
      then outstanding (other than L/C Obligations consisting of the aggregate undrawn
      amount of all Commercial Letters of Credit then
      outstanding).  Swingline Loans shall not constitute utilization
      for
      purposes of calculating Available Commitment.  Such Commitment
      Fees
      shall accrue from the Effective Date to the Revolving Loan Maturity Date and
      shall be due and payable quarterly in arrears on the last Business Day of each
      calendar quarter, commencing on September 30, 2005, to the Revolving Loan
      Maturity Date, with the final payment to be made on the Revolving Loan Maturity
      Date; provided
      that in connection
      with any termination of Commitments hereunder, the accrued Commitment Fees
      calculated for the period ending on such date shall also be paid on the date
      of
      termination.  The Commitment Fees provided in this Section 2.11(b)
      shall accrue at
      all times after the Effective Date, including at any time during which one
      or
      more conditions in Article
      V
      are not met.

     

    2.12  Computation
      of
      Fees and Interest.  (a)
      All computations
      of interest for Base Rate Loans when the Base Rate is determined by Wells
      Fargo’s “prime rate” shall be made on the basis of a year of 365 or 366 days, as
      the case may be, and actual days elapsed.  All other computations
      of
      fees and interest shall be made on the basis of a 360-day year and actual days
      elapsed.  Interest and fees shall accrue during each period during
      which interest or such fees are computed from the first day thereof to the
      last
      day thereof.

     

    (b)  Each
      determination
      of an interest rate by the Administrative Agent shall be conclusive and binding
      on Holdings and the Lenders in the absence of manifest error. The Administrative
      Agent will, at the request of Holdings or any Lender, deliver to Holdings or
      the
      Lender, as the case may be, a statement showing the quotations used by the
      Administrative Agent in determining any interest rate and the resulting interest
      rate.

     

    2.13  Payments
      by
      Holdings.  (a)
      All payments to be
      made by Holdings shall be made without set off, recoupment or
      counterclaim.  Except as otherwise expressly provided herein,
      all
      payments by Holdings shall be made to the Administrative Agent for the account
      of the Lenders at the Administrative Agent’s Payment Office, and shall be made
      in Dollars and in immediately available funds, no later than 11:00 a.m. (San
      Francisco time) on the date specified herein.  The Administrative
      Agent will promptly distribute to each Lender its Proportionate Share (or other
      applicable share as expressly provided herein) of such payment in like funds
      as
      received.  Any payment received by the Administrative Agent later
      than
      11:00 a.m. (San Francisco time) shall be deemed to have been received on the
      following Business Day and any applicable interest or fee shall continue to
      accrue.

     

    
      
        
        

      

      
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    (b)  Subject
      to the
      provisions set forth in the definition of “Interest Period” herein, whenever any
      payment is due on a day other than a Business Day, such payment shall be made
      on
      the following Business Day, and such extension of time shall in such case be
      included in the computation of interest or fees, as the case may
      be.

     

    (c)  Unless
      the
      Administrative Agent receives notice from Holdings prior to the date on which
      any payment is due to the Lenders that Holdings will not make such payment
      in
      full as and when required, the Administrative Agent may assume that Holdings
      has
      made such payment in full to the Administrative Agent on such date in
      immediately available funds and the Administrative Agent may (but shall not
      be
      so required), in reliance upon such assumption, distribute to each Lender on
      such due date an amount equal to the amount then due such Lender.  If
      and to the extent Holdings has not made such payment in full to the
      Administrative Agent, each Lender shall repay to the Administrative Agent on
      demand such amount distributed to such Lender, together with interest thereon
      at
      the Federal Funds Rate for each day from the date such amount is distributed
      to
      such Lender until the date repaid.

     

    2.14  Payments
      by the
      Lenders to the Administrative Agent.  (a)
      Unless the
      Administrative Agent receives notice from a Lender on or prior to the Effective
      Date or, with respect to any Borrowing after the Effective Date, at least one
      (1) Business Day prior to the date of such Borrowing, that such Lender will
      not
      make available as and when required hereunder to the Administrative Agent for
      the account of Holdings the amount of that Lender’s Proportionate Share of the
      Borrowing, the Administrative Agent may assume that each Lender has made such
      amount available to the Administrative Agent in immediately available funds
      on
      the Borrowing Date and the Administrative Agent may (but shall not be so
      required), in reliance upon such assumption, make available to Holdings on
      such
      date a corresponding amount.  If and to the extent any Lender
      shall
      not have made its full amount available to the Administrative Agent in
      immediately available funds and the Administrative Agent in such circumstances
      has made available to Holdings such amount, that Lender shall on the Business
      Day following such Borrowing Date make such amount available to the
      Administrative Agent, together with interest at the Federal Funds Rate for
      each
      day during such period.  A notice of the Administrative Agent
      submitted to any Lender with respect to amounts owing under this Section 2.14(a)
      shall be
      conclusive absent manifest error.  If such amount is so made
      available, such payment to the Administrative Agent shall constitute such
      Lender’s Loan on the date of Borrowing for all purposes of this
      Agreement.  If such amount is not made available to the Administrative
      Agent on the Business Day following the Borrowing Date, the Administrative
      Agent
      will notify Holdings of such failure to fund and, upon demand by the
      Administrative Agent, Holdings shall pay such amount to the Administrative
      Agent
      for the Administrative Agent’s account, together with interest thereon for each
      day elapsed since the date of such Borrowing, at a rate per annum equal to
      the
      interest rate applicable at the time to the Loans comprising such
      Borrowing.

     

    
      
        
        

      

      
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    (b)  The
      failure of any
      Lender to make any Loan on any Borrowing Date or to make any payment under
      Section 10.07 shall not relieve any other Lender of any obligation hereunder
      to
      make a Loan on such Borrowing Date or to make such payment under
      Section 10.07, but no Lender shall be responsible for the failure of
      any
      other Lender to make the Loan to be made by such other Lender on any Borrowing
      Date or to make such payment under Section 10.07.

     

    2.15  Sharing
      of
      Payments, Etc.

     

    (a)  Except
      as otherwise
      provided herein:

     

    (i)  Each
      Revolving Loan
      and reduction of the Aggregate Revolving Commitment shall be made or shared
      among the Revolving Lenders pro rata
      according to their
      respective Revolving Proportionate Shares;

     

    (ii)  Each
      Term A
      Loan shall be made or shared among the Term A Lenders pro rata
      according to their
      respective Term A Proportionate Shares;

     

    (iii)  Each
      Term B
      Loan shall be made or shared among the Term B Lenders pro rata
      according to their
      respective Term B Proportionate Shares;

     

    (iv)  Each
      payment of
      principal on Loans in any Borrowing shall be shared among the Lenders which
      made
      or funded the Loans in such Borrowing pro rata
      according to the
      respective unpaid principal amounts of such Loans then owed to such
      Lenders;

     

    (v)  Each
      payment of
      interest on Loans in any Borrowing shall be shared among the Lenders that made
      or funded the Loans in such Borrowing pro rata
      according to (A)
      the respective unpaid principal amounts of such Loans so made or funded by
      such
      Lenders and (B) the dates on which such Lenders so made or funded such
      Loans;

     

    (vi)  Each
      payment of
      Commitment Fees pursuant to this Agreement shall be shared among the Revolving
      Lenders (except for Defaulting Lenders) pro rata
      according to (A)
      their respective Revolving Proportionate Shares and (B) in the case of each
      Revolving Lender which becomes a Revolving Lender hereunder after the date
      hereof, the date upon which such Revolving Lender so became a Revolving
      Lender;

     

    (vii)  Each
      payment of any
      fees due in connection with any amendment hereto or any waiver of or forbearance
      from any Event of Default existing hereunder shall be shared among those Lenders
      consenting to such amendment, waiver or forbearance or as otherwise agreed
      to by
      such Lenders;

     

    (viii)  Each
      payment of
      interest (other than interest on Loans) and fees (other than Commitment Fees)
      shall be shared among the Lenders and the Administrative Agent owed the amount
      upon which such interest accrues pro rata
      according to (A)
      the respective amounts so owed such Lenders and the Administrative Agent and
      (B)
      the dates on which such amounts became owing to such Lenders and the
      Administrative Agent; and

     

    
      
        
        

      

      
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    (ix)  All
      other payments
      under this Agreement and the other Loan Documents shall be for the benefit
      of
      the Person or Persons specified.

     

    (b)  If,
      other than as
      expressly provided elsewhere herein, any Lender shall obtain on account of
      the
      Loans made by it any payment (whether voluntary, involuntary, through the
      exercise of any right of set off, or otherwise) in excess of its ratable share
      (or other share contemplated hereunder), such Lender shall immediately
      (i) notify the Administrative Agent of such fact, and (ii) purchase
      from the other applicable Lenders such participations in the Loans made by
      them
      as shall be necessary to cause such purchasing Lender to share the excess
      payment pro rata
      with each of them;
provided,
however,
      that if all or
      any portion of such excess payment is thereafter recovered from the purchasing
      Lender, such purchase shall to that extent be rescinded and each other Lender
      shall repay to the purchasing Lender the purchase price paid therefor, together
      with an amount equal to such paying Lender’s ratable share (according to the
      proportion of (A) the amount of such paying Lender’s required repayment to (B)
      the total amount so recovered from the purchasing Lender) of any interest or
      other amount paid or payable by the purchasing Lender in respect of the total
      amount so recovered.  Holdings agrees that any Lender so purchasing
      a
      participation from another Lender may, to the fullest extent permitted by law,
      exercise all of its rights of payment (including the right of set off, but
      subject to Section 11.10)
      with respect to
      such participation as fully as if such Lender were the direct creditor of
      Holdings in the amount of such participation.  The Administrative
      Agent will keep records (which shall be conclusive and binding in the absence
      of
      manifest error) of participations purchased under this Section 2.15(b)
      and will in each
      case notify the applicable Lenders following any such purchases or
      repayments.

     

    2.16  Security
      and
      Guaranty.  (a)
      All Obligations
      under this Agreement, the Notes and all other Loan Documents shall be secured
      in
      accordance with the Collateral Documents.  

     

    (b)  All
      Obligations of
      Holdings under this Agreement, each of the Notes and all other Loan Documents
      to
      which it is a party shall be unconditionally guaranteed by each Guarantor
      pursuant to its Guaranty.

     

    ARTICLE
      III

     

    THE
      LETTERS OF CREDIT 

     

    3.01  The
      Letter of
      Credit Subfacility.  (a)
      On the terms and
      subject to the conditions set forth herein (i) the L/C Issuer agrees,
      (A)
      from time to time on any Business Day during the period from the Effective
      Date
      to the Revolving Loan Maturity Date to issue Letters of Credit for the account
      of Holdings, and to amend or renew Letters of Credit previously issued by it,
      in
      accordance with Section 3.02(c)
      and Section 3.02(d),
      and (B) to honor
      drafts under the Letters of Credit; and (ii) the Revolving Lenders
      severally agree to participate in Letters of Credit Issued for the account
      of
      Holdings; provided
      that the L/C
      Issuer shall not be obligated to Issue, and no Revolving Lender shall be
      obligated to participate in, any Letter of Credit if such Letter of Credit
      is
      not denominated in Dollars or if as of the date of Issuance of such Letter
      of
      Credit (the “Issuance
      Date”)
      and after giving
      effect thereto (x) the Effective Amount of all L/C Obligations plus
      the Effective
      Amount of all Revolving Loans and Swingline Loans shall exceed the combined
      Revolving Commitments, (y) the participation of any Revolving Lender in the
      Effective Amount of all L/C Obligations and in the Effective Amount of all
      Swingline Loans plus
      the Effective
      Amount of the Revolving Loans of such Revolving Lender shall exceed such
      Revolving Lender’s Revolving Commitment, or (z) the Effective Amount of L/C
      Obligations shall exceed the L/C Commitment.  Within the foregoing
      limits, and subject to the other terms and conditions hereof, Holdings ability
      to obtain Letters of Credit shall be fully revolving, and, accordingly, Holdings
      may, during the foregoing period, obtain Letters of Credit to replace Letters
      of
      Credit which have expired or which have been drawn upon and
      reimbursed.

     

    
      
        
        

      

      
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    (b)  The
      L/C Issuer is
      under no obligation to Issue any Letter of Credit if:

     

    (i)  any
      order, judgment
      or decree of any Governmental Authority or arbitrator shall by its terms purport
      to enjoin or restrain the L/C Issuer from Issuing such Letter of Credit, or
      any
      Requirement of Law applicable to the L/C Issuer or any request or directive
      (whether or not having the force of law) from any Governmental Authority with
      jurisdiction over the L/C Issuer shall prohibit, or request that the L/C Issuer
      refrain from, the Issuance of letters of credit generally or such Letter of
      Credit in particular or shall impose upon the L/C Issuer with respect to such
      Letter of Credit any restriction, reserve or capital requirement (for which
      the
      L/C Issuer is not otherwise compensated hereunder) not in effect on the
      Effective Date, or shall impose upon the L/C Issuer any unreimbursed loss,
      cost
      or expense which was not applicable on the Effective Date and which the L/C
      Issuer in good faith deems material to it;

     

    (ii)  the
      L/C Issuer has
      received written notice from any Revolving Lender, the Administrative Agent
      or
      Holdings, on or prior to the Business Day prior to the requested date of
      Issuance of such Letter of Credit, that one or more of the applicable conditions
      contained in Article
      V
      is not then satisfied;

     

    (iii)  the
      expiry date of
      any requested Letter of Credit is (A) more than 365 days after the date of
      Issuance, unless the Majority Revolving Lenders have approved such expiry date
      in writing, or (B) after the Revolving Loan Maturity Date, unless all of the
      Revolving Lenders have approved such expiry date in writing;

     

    (iv)  the
      expiry date of
      any requested Letter of Credit is prior to the maturity date of any financial
      obligation to be supported by the requested Letter of Credit;

     

    (v)  any
      requested
      Letter of Credit does not provide for drafts, or is not otherwise in form and
      substance acceptable to the L/C Issuer, or the Issuance of a Letter of Credit
      shall violate any applicable policies of the L/C Issuer;

     

    (vi)  any
      Standby Letter
      of Credit is for the purpose of supporting the issuance of any letter of credit
      by any other Person;

     

    (vii)  any
      Standby Letter
      of Credit is in a face amount less than $1,000,000; or 

     

    (viii)  any
      requested
      Letter of Credit is to be denominated in a currency other than
      Dollars.

     

    
      
        
        

      

      
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    (c)  Letters
      of Credit
      issued under this Article
      III
      shall be either
      Commercial Letters of Credit or Standby Letters of Credit.

     

    3.02  Issuance,
      Amendment and Renewal of Letters of Credit.  (a)
      Each Letter of
      Credit shall be issued upon the irrevocable written request of Holdings received
      by the L/C Issuer (with a copy sent by Holdings to the Administrative Agent)
      at
      least four (4) Business Days (or such shorter time as the L/C Issuer may agree
      in a particular instance in its sole discretion) prior to the proposed date
      of
      issuance.  Each such request for issuance of a Letter of Credit
      shall
      be by facsimile, confirmed immediately in an original writing, in the form
      of an
      L/C Application, and shall specify in form and detail satisfactory to the L/C
      Issuer: (i) the proposed date of issuance of the Letter of Credit (which
      shall be a Business Day); (ii) the face amount of the Letter of Credit;
      (iii) the expiry date of the Letter of Credit; (iv) the name
      and
      address of the beneficiary thereof; (v) the documents to be presented
      by
      the beneficiary of the Letter of Credit in case of any drawing thereunder;
      (vi) the full text of any certificate to be presented by the beneficiary
      in
      case of any drawing thereunder; and (vii) such other matters as the
      L/C
      Issuer may require.

     

    (b)  At
      least two (2)
      Business Days prior to the Issuance of any Letter of Credit, the L/C Issuer
      will
      confirm with the Administrative Agent (by telephone or in writing) that the
      Administrative Agent has received a copy of the L/C Application or L/C Amendment
      Application from Holdings and, if not, the L/C Issuer will provide the
      Administrative Agent with a copy thereof.  Unless the L/C Issuer
      has
      received notice on or before the Business Day immediately preceding the date
      the
      L/C Issuer is to issue a requested Letter of Credit from the Administrative
      Agent (A) directing the L/C Issuer not to issue such Letter of Credit because
      such issuance is not then permitted under Section 3.01(a)
      as a result of the
      limitations set forth in clauses (x) through (z) thereof or Section 3.01(b)(ii);
      or (B) that one
      or more conditions specified in Article
      V
      are not then satisfied; then, subject to the terms and conditions hereof, the
      L/C Issuer shall, on the requested date, issue a Letter of Credit for the
      account of Holdings in accordance with the L/C Issuer’s usual and customary
      business practices.

     

    (c)  From
      time to time
      while a Letter of Credit is outstanding and prior to the Revolving Loan Maturity
      Date, the L/C Issuer will, upon the written request of Holdings received by
      the
      L/C Issuer (with a copy sent by Holdings to the Administrative Agent) at least
      four (4) Business Days (or such shorter time as the L/C Issuer may agree in
      a
      particular instance in its sole discretion) prior to the proposed date of
      amendment (including a renewal or extension thereof), amend any Letter of Credit
      issued by it.  Each such request for amendment of a Letter of
      Credit
      shall be made by facsimile, confirmed immediately in an original writing, made
      in the form of an L/C Amendment Application and shall specify in form and detail
      satisfactory to the L/C Issuer: (i) the Letter of Credit to be amended;
      (ii) the proposed date of amendment of the Letter of Credit (which shall
      be
      a Business Day); (iii) the nature of the proposed amendment; and
      (iv) such other matters as the L/C Issuer may require.  The
      L/C
      Issuer shall be under no obligation to amend any Letter of Credit if: (A) the
      L/C Issuer would have no obligation at such time to issue such Letter of Credit
      in its amended form under the terms of this Agreement; or (B) the
      beneficiary of any such Letter of Credit does not accept the proposed amendment
      to the Letter of Credit.  The Administrative Agent will promptly
      notify the Revolving Lenders of the Issuance of any Standby Letter of Credit
      notified to it by the L/C Issuer.  The Revolving Lenders acknowledge
      and agree that the Administrative Agent will not notify them of the receipt
      by
      the Administrative Agent of any L/C Application or L/C Amendment Application
      or
      of the Issuance of any Commercial Letter of Credit.  From time
      to time
      the Administrative Agent will notify the Revolving Lenders of the amount of
      all
      outstanding Letters of Credit hereunder.

     

    
      
        
        

      

      
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    (d)  The
      L/C Issuer and
      the Revolving Lenders agree that, while a Letter of Credit is outstanding and
      prior to the Revolving Loan Maturity Date, the L/C Issuer shall be entitled
      to
      authorize the renewal of any Letter of Credit issued by it.  The
      L/C
      Issuer shall be under no obligation to so renew any Letter of Credit if: (A)
      the
      L/C Issuer would have no obligation at such time to issue or amend such Letter
      of Credit in its renewed form under the terms of this Agreement; or (B) the
      beneficiary of any such Letter of Credit does not accept the proposed renewal
      of
      the Letter of Credit.  If any outstanding Letter of Credit shall
      provide that it shall be automatically renewed unless the beneficiary thereof
      receives notice from the L/C Issuer that such Letter of Credit shall not be
      renewed, and if at the time of renewal, the L/C Issuer would be entitled to
      authorize the renewal of such Letter of Credit in accordance with this
Section 3.02(d)
      upon the request
      of Holdings, but the L/C Issuer shall not have received any written direction
      by
      Holdings with respect thereto, the L/C Issuer shall nonetheless be permitted
      to
      allow such Letter of Credit to renew, and Holdings and the Revolving Lenders
      hereby authorize such renewal, and, accordingly, the L/C Issuer shall be deemed
      to have received an L/C Amendment Application from Holdings requesting such
      renewal.  

     

    (e)  The
      L/C Issuer may,
      at its election (or as required by the Administrative Agent at the direction
      of
      the Majority Revolving Lenders), deliver any notices of termination or other
      communications to any Letter of Credit beneficiary or transferee, and take
      any
      other action as necessary or appropriate, at any time and from time to time,
      in
      order to cause the expiry date of such Letter of Credit to be a date not later
      than the Revolving Loan Maturity Date.

     

    (f)  This
      Agreement
      shall control in the event of any conflict with any L/C Related Document (other
      than any Letter of Credit).

     

    (g)  The
      L/C Issuer will
      also deliver to the Administrative Agent, concurrently or promptly following
      its
      delivery of a Letter of Credit, or amendment to or renewal of a Letter of
      Credit, to an advising bank or a beneficiary, a true and complete copy of each
      such Letter of Credit or amendment to or renewal of a Letter of
      Credit.

     

    3.03  Risk
      Participations, Drawings and Reimbursements.  (a)
      Immediately upon
      the Issuance of each Letter of Credit, each Revolving Lender shall be deemed
      to,
      and hereby irrevocably and unconditionally agrees to, purchase from the L/C
      Issuer a participation in such Letter of Credit and each drawing thereunder
      in
      an amount equal to the product of (i) the Revolving Proportionate Share
      of
      such Revolving Lender, times (ii) the maximum amount available to be
      drawn
      under such Letter of Credit and the amount of such drawing,
      respectively.  Each Issuance of a Letter of Credit shall be deemed
      to
      utilize the Revolving Commitment of each Revolving Lender by an amount equal
      to
      the amount of such participation.

     

    
      
        
        

      

      
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    (b)  In
      the event of any
      request for a drawing under a Letter of Credit by the beneficiary or transferee
      thereof, the L/C Issuer will promptly notify Holdings and specify in such notice
      the date such drawing will be honored by the L/C Issuer (the “Honor
      Date”).  If
      the L/C Issuer so notifies Holdings prior to 9:00 a.m. (San Francisco time)
      on
      the Honor Date, Holdings, as account party under such Letter of Credit, shall
      reimburse the L/C Issuer no later than 11:00 a.m. (San Francisco time) on the
      Honor Date for the amount paid by the L/C Issuer under such Letter of Credit
      or,
      if the L/C Issuer shall so notify Holdings after 9:00 a.m. (San Francisco time)
      on the Honor Date, Holdings, as account party under such Letter of Credit,
      shall
      reimburse the L/C Issuer no later than 11:00 a.m. (San Francisco time) on the
      next succeeding Business Day for the amount paid by the L/C Issuer under such
      Letter of Credit on the Honor Date (each such date, a “Reimbursement
      Date”),
      in each case,
      in an amount equal to the amount so paid by the L/C Issuer.  In
      the
      event Holdings fails to reimburse the L/C Issuer for the full amount of any
      drawing under any Letter of Credit by the required time as provided above on
      the
      Reimbursement Date, the L/C Issuer will promptly notify the Administrative
      Agent, and the Administrative Agent will promptly notify each Revolving Lender
      thereof (including the amount thereof and such Revolving Lender’s Revolving
      Proportionate Share thereof), and Holdings shall be deemed to have requested
      that Base Rate Loans be made by the Revolving Lenders to Holdings to be
      disbursed on the Reimbursement Date for such Letter of Credit, subject to the
      amount of the unutilized portion of the Aggregate Revolving Commitment and
      subject to the conditions set forth in Section 5.04.  Holdings
      hereby directs that the proceeds of any such Loans deemed to be borrowed by
      it
      shall be used to pay its reimbursement obligations in respect of any such
      drawing.  Solely for the purposes of making such Loans, the Minimum
      Amount limitations set forth in Section 2.03
      shall not be
      applicable.  Any notice given by the L/C Issuer or the Administrative
      Agent pursuant to this Section 3.03(b)
      may be oral if
      immediately confirmed in writing (including by facsimile); provided
      that the lack of
      such an immediate confirmation shall not affect the conclusiveness or binding
      effect of such notice.  In the event that any amount of any drawing
      under any Letter of Credit is not reimbursed by Holdings on the Honor Date,
      such
      unreimbursed amount shall bear interest until it is either deemed to be an
      L/C
      Borrowing as provided in Section 3.03(d)
      or deemed to be
      converted to a Base Rate Loan as provided in this Section 3.03(b),
      at a rate per
      annum equal to the Base Rate plus
      the Applicable
      Margin then in effect for Revolving Loans consisting of Base Rate
      Loans.

     

    (c)  Each
      Revolving
      Lender shall, upon receipt of any notice pursuant to Section 3.03(b),
      make available to
      the Administrative Agent for the account of the L/C Issuer an amount in Dollars
      and in immediately available funds equal to its Revolving Proportionate Share
      of
      the amount of the drawing, whereupon such Revolving Lender shall (subject to
      Section 3.03(f))
      be deemed to have
      made a Revolving Loan consisting of a Base Rate Loan to Holdings in that amount.
      The Administrative Agent will promptly give notice of the occurrence of the
      Reimbursement Date, but failure of the Administrative Agent to give any such
      notice on the Reimbursement Date or in sufficient time to enable any Revolving
      Lender to effect such payment on such date shall not relieve such Revolving
      Lender from its obligations under this Section 3.03.

     

    (d)  With
      respect to any
      unreimbursed drawing that is not converted into Revolving Loans in whole or
      in
      part, because of Holdings’ failure to satisfy the conditions set forth in
Section 5.04
      or for any other
      reason, Holdings shall be deemed to have incurred from the L/C Issuer an L/C
      Borrowing in the amount of such drawing, which L/C Borrowing shall be due and
      payable on demand (together with interest) and shall bear interest at a rate
      per
      annum equal to the Base Rate, plus
      the Applicable
      Margin then in effect for Revolving Loans consisting of Base Rate Loans,
plus
      2% per
      annum.  In such event, each Revolving Lender shall upon receipt
      of any
      notice pursuant to Section 3.03(b)
      make available to
      the Administrative Agent for the account of the L/C Issuer an amount in Dollars
      and in immediately available funds equal to its Revolving Proportionate Share
      of
      the amount of the drawing.  Each Revolving Lender’s payment to the L/C
      Issuer pursuant to this Section 3.03(d)
      shall be deemed
      payment in respect of its participation in such L/C Borrowing and shall
      constitute an L/C Advance from such Revolving Lender in satisfaction of its
      participation obligation under this Section 3.03.

     

    
      
        
        

      

      
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    (e)  If
      any Revolving
      Lender fails to make available to the Administrative Agent for the account
      of
      the L/C Issuer the amount of such Revolving Lender’s Revolving Proportionate
      Share of the amount of any drawing by no later than 12:00 noon (San Francisco
      time) on the Reimbursement Date, then interest shall accrue on such Revolving
      Lender’s obligation to make such payment, from the Reimbursement Date to the
      date such Revolving Lender makes such payment, at (i) the Federal Funds
      Rate in effect from time to time during the period commencing on the
      Reimbursement Date and ending on the date three (3) Business Days thereafter,
      and (ii) thereafter at the Base Rate as in effect from time to time,
      payable on demand of the Administrative Agent. 

     

    (f)  Each
      Revolving
      Lender’s obligation in accordance with this Agreement to make or participate in
      the Revolving Loans or L/C Advances, as contemplated by this Section 3.03,
      as a result of a
      drawing under a Letter of Credit, shall be absolute and unconditional and
      without recourse to the L/C Issuer and shall not be affected by any
      circumstance, including (i) any set-off, counterclaim, recoupment, defense
      or other right which such Revolving Lender may have against the L/C Issuer,
      Holdings or any other Person for any reason whatsoever; (ii) the occurrence
      or continuance of a Default, an Event of Default or a Material Adverse Effect;
      or (iii) any other circumstance, happening or event whatsoever, whether
      or
      not similar to any of the foregoing; provided,
however,
      that each
      Revolving Lender’s obligation to make Revolving Loans under this Section 3.03
      is subject to the
      conditions set forth in Section 5.04;
      and provided,
further,
however,
      that a Revolving
      Lender may have recourse against the L/C Issuer, and the L/C Issuer may be
      liable to a Revolving Lender, to the extent, but only to the extent, of any
      direct, as opposed to consequential or exemplary, damages suffered by such
      Revolving Lender which such Revolving Lender proves were caused by the L/C
      Issuer’s willful misconduct or gross negligence or the L/C Issuer’s willful
      failure to pay under any Letter of Credit after the presentation to it by the
      beneficiary of a sight draft and certificate(s) strictly complying with the
      terms and conditions of a Letter of Credit.

     

    3.04  Repayment
      of
      Participations.  (a)
      Upon (and only
      upon) receipt by the Administrative Agent for the account of the L/C Issuer
      of
      immediately available funds from Holdings (i) in reimbursement of any
      payment made by the L/C Issuer under the Letter of Credit with respect to which
      any Revolving Lender has paid the Administrative Agent for the account of the
      L/C Issuer for such Revolving Lender’s participation in the Letter of Credit
      pursuant to Section 3.03
      or (ii) in
      payment of interest thereon, the Administrative Agent will pay to each Revolving
      Lender, in the same funds as those received by the Administrative Agent for
      the
      account of the L/C Issuer, the amount of such Revolving Lender’s Revolving
      Proportionate Share of such funds, and the L/C Issuer shall receive the amount
      of the Revolving Proportionate Share of such funds of any Revolving Lender
      that
      did not so pay the Administrative Agent for the account of the L/C
      Issuer.

     

    
      
        
        

      

      
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    (b)  If
      the
      Administrative Agent or the L/C Issuer is required at any time to return to
      Holdings, or to a trustee, receiver, liquidator, custodian, or any official
      in
      any Insolvency Proceeding, any portion of the payments made by Holdings to
      the
      Administrative Agent for the account of the L/C Issuer pursuant to Section 3.04(a)
      in reimbursement
      of a payment made under the Letter of Credit or interest or fee thereon, each
      Revolving Lender shall, on demand of the Administrative Agent, forthwith return
      to the Administrative Agent or the L/C Issuer the amount of its Revolving
      Proportionate Share of any amounts so returned by the Administrative Agent
      or
      the L/C Issuer plus
      interest thereon
      from the date such demand is made to the date such amounts are returned by
      such
      Revolving Lender to the Administrative Agent or the L/C Issuer, at a rate per
      annum equal to the Federal Funds Rate in effect from time to time.

     

    3.05  Role
      of the L/C
      Issuer.  (a)
      Each Revolving
      Lender and Holdings agree that, in paying any drawing under a Letter of Credit,
      the L/C Issuer shall not have any responsibility to obtain any document (other
      than any sight draft and certificates expressly required by the Letter of
      Credit) or to ascertain or inquire as to the validity or accuracy of any such
      document or the authority of the Person executing or delivering any such
      document. 

     

    (b)  No
      Administrative
      Agent-Related Person nor any of the respective correspondents, participants
      or
      assignees of the L/C Issuer shall be liable to any Revolving Lender for:
      (i) any action taken or omitted in connection herewith at the request
      or
      with the approval of the Revolving Lender (including the Majority Revolving
      Lenders, as applicable); (ii) any action taken or omitted in the absence
      of
      gross negligence or willful misconduct; or (iii) the due execution,
      effectiveness, validity or enforceability of any L/C-Related
      Document.

     

    (c)  Holdings
      hereby
      assumes all risks of the acts or omissions of any beneficiary or transferee
      with
      respect to its use of any Letter of Credit; provided,
however,
      that this
      assumption is not intended to, and shall not, preclude Holdings pursuing such
      rights and remedies as it may have against the beneficiary or transferee at
      law
      or under any other agreement.  No Administrative Agent-Related
      Person,
      nor any of the respective correspondents, participants or assignees of the
      L/C
      Issuer, shall be liable or responsible for any of the matters described in
      clauses (i) through (vii) of Section 3.06;
provided,
however,
      anything in such
      clauses to the contrary notwithstanding, that Holdings may have a claim against
      the L/C Issuer, and the L/C Issuer may be liable to Holdings, to the extent,
      but
      only to the extent, of any direct, as opposed to consequential or exemplary,
      damages suffered by Holdings which Holdings proves were caused by the L/C
      Issuer’s willful misconduct or gross negligence or the L/C Issuer’s willful
      failure to pay under any Letter of Credit after the presentation to it by the
      beneficiary of a sight draft and certificate(s) strictly complying with the
      terms and conditions of a Letter of Credit.  In furtherance and
      not in
      limitation of the foregoing: (i) the L/C Issuer may accept documents
      that
      appear on their face to be in order, without responsibility for further
      investigation, regardless of any notice or information to the contrary; and
      (ii) the L/C Issuer shall not be responsible for the validity or
      sufficiency of any instrument transferring or assigning or purporting to
      transfer or assign a Letter of Credit or the rights or benefits thereunder
      or
      proceeds thereof, in whole or in part, which may prove to be invalid or
      ineffective for any reason.

     

    3.06  Obligations
      Absolute.  The
      obligations of Holdings under this Agreement and any L/C-Related Document to
      reimburse the L/C Issuer for a drawing under a Letter of Credit, and to repay
      any L/C Borrowing and any drawing under a Letter of Credit converted into
      Revolving Loans, shall be unconditional and irrevocable, and shall be paid
      strictly in accordance with the terms of this Agreement and each such other
      L/C-Related Document under all circumstances, including the
      following:

     

    
      
        
        

      

      
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    (i) any
      lack of
      validity or enforceability of this Agreement or any L/C-Related
      Document;

     

    (ii) any
      change in the
      time, manner or place of payment of, or in any other term of, all or any of
      the
      obligations of Holdings in respect of any Letter of Credit or any other
      amendment or waiver of or any consent to departure from all or any of the
      L/C-Related Documents;

     

    (iii) the
      existence of
      any claim, set-off, defense or other right that Holdings may have at any time
      against any beneficiary or any transferee of any Letter of Credit (or any Person
      for whom any such beneficiary or any such transferee may be acting), the L/C
      Issuer or any other Person, whether in connection with this Agreement, the
      transactions contemplated hereby or by the L/C-Related Documents or any
      unrelated transaction;

     

    (iv) any
      draft, demand,
      certificate or other document presented under any Letter of Credit proving
      to be
      forged, fraudulent, invalid or insufficient in any respect or any statement
      therein being untrue or inaccurate in any respect; or any loss or delay in
      the
      transmission or otherwise of any document required in order to make a drawing
      under any Letter of Credit;

     

    (v) any
      payment by the
      L/C Issuer under any Letter of Credit against presentation of a draft or
      certificate that does not strictly comply with the terms of any Letter of
      Credit; or any payment made by the L/C Issuer under any Letter of Credit to
      any
      Person purporting to be a trustee in bankruptcy, debtor-in-possession, assignee
      for the benefit of creditors, liquidator, receiver or other representative
      of or
      successor to any beneficiary or any transferee of any Letter of Credit,
      including any arising in connection with any Insolvency Proceeding;

     

    (vi) any
      exchange,
      release or non-perfection of any collateral, or any release or amendment or
      waiver of or consent to departure from any other guarantee, for all or any
      of
      the obligations of Holdings in respect of any Letter of Credit; or

     

    (vii) any
      other
      circumstance or happening whatsoever, whether or not similar to any of the
      foregoing, including any other circumstance that might otherwise constitute
      a
      defense available to, or a discharge of, Holdings or a Guarantor.

     

    3.07  Cash
      Collateral
      Pledge.  (a)
      Upon the request of the Administrative Agent, if the L/C Issuer has honored
      any
      full or partial drawing request on any Letter of Credit and such drawing has
      resulted in an L/C Borrowing hereunder, or (b) if, as of the Revolving Loan
      Maturity Date, any Letters of Credit may for any reason remain outstanding
      and
      partially or wholly undrawn, or (c) the occurrence of the circumstances
      described in Section 2.08(a)(i) requiring
      Holdings
      to Cash Collateralize Letters of Credit, then, Holdings shall immediately Cash
      Collateralize the L/C Obligations in an amount equal to such L/C
      Obligations.  Holdings shall, to the extent necessary, make such
      additional pledges from time to time as shall be necessary to ensure that all
      L/C Obligations remain at all times fully Cash Collateralized.  Cash
      collateral held under this Section 3.07
      or Section 9.02
      shall be
      maintained in blocked, non-interest bearing deposit accounts at Wells Fargo
      pursuant to the Security Agreement.

     

    
      
        
        

      

      
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    3.08  Letter
      of Credit
      Fees.  (a)
      Holdings shall pay
      to the Administrative Agent for the account of each of the Revolving Lenders
      in
      accordance with its respective Revolving Proportionate Share a letter of credit
      fee with respect to the Standby Letters of Credit equal to the rate per annum
      equal to the Applicable Fee Amount of the actual daily maximum amount available
      to be drawn of the outstanding Standby Letters of Credit, computed on a
      quarterly basis in arrears on the last Business Day of each calendar quarter
      based upon Standby Letters of Credit outstanding for that quarter as calculated
      by the Administrative Agent.  Such letter of credit fees shall
      be due
      and payable quarterly in arrears on the last Business Day of each calendar
      quarter during which Standby Letters of Credit are outstanding, commencing
      on
      the first such quarterly date to occur after the Effective Date, to the
      Revolving Loan Maturity Date (or such later date upon which the outstanding
      Letters of Credit shall expire), with the final payment to be made on the
      Revolving Loan Maturity Date (or such later expiration date).  Such
      fees are fully earned when due and, once paid, are non-refundable.

     

    (b)  Holdings
      shall pay
      to the L/C Issuer, for the L/C Issuer’s sole account, a letter of credit fee
      with respect to the amount from time to time available to be drawn under
      Commercial Letters of Credit in such amount and on such dates as shall
      separately be agreed upon between the L/C Issuer and Holdings.  Such
      fees are fully earned when due and, once paid, are non-refundable.

     

    (c)  Holdings
      shall pay
      to the L/C Issuer, for the L/C Issuer’s sole account, a letter of credit
      fronting fee for each Standby Letter of Credit Issued by the L/C Issuer equal
      to
      0.125% per annum of the actual daily maximum amount available to be drawn of
      the
      outstanding Standby Letters of Credit, computed on a quarterly basis in arrears
      on the last Business Day of each calendar quarter based upon Standby Letters
      of
      Credit outstanding for that quarter as calculated by the L/C
      Issuer.  Such letter of credit fronting fees shall be due and
      payable
      quarterly in arrears on the last Business Day of each calendar quarter during
      which Standby Letters of Credit are outstanding, commencing on the first such
      quarterly date to occur after the Effective Date, to the Revolving Loan Maturity
      Date (or such later date upon which the outstanding Letters of Credit shall
      expire), with the final payment to be made on the Revolving Loan Maturity Date
      (or such later expiration date).  Such fees are fully earned
      when due
      and, once paid, are non-refundable.

     

    (d)  Holdings
      shall pay
      to the L/C Issuer from time to time on demand the normal issuance, presentation,
      transfer, amendment and other processing fees, and other standard costs and
      charges, of the L/C Issuer relating to letters of credit as from time to time
      in
      effect.

     

    (e)  Notwithstanding
      subsection (a) of this Section 3.08,
      while any Event
      of Default exists or after acceleration, Holdings shall pay a letter of credit
      fee (after as well as before entry of judgment thereon to the extent permitted
      by law) on the actual daily maximum amount available to be drawn of the
      outstanding Letters of Credit, at a rate per annum which is determined by adding
      2% per annum to the rate otherwise then in effect hereunder for such Letters
      of
      Credit.

     

    
      
        
        

      

      
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    3.09  Applicability
      of
      ISP98 and UCP.  Unless
      otherwise expressly agreed by the L/C Issuer and Holdings when a Letter of
      Credit is issued, (i) the rules of the “International Standby Practices
      1998” published by the Institute of International Banking Law & Practice (or
      such later version thereof as may be in effect at the time of issuance) shall
      apply to each Standby Letter of Credit, and (ii) the rules of the Uniform
      Customs and Practice for Documentary Credits (the “UCP”),
      as most
      recently published by the International Chamber of Commerce (the “ICC”)
      at the time of
      issuance (including the ICC decision published by the Commission on Banking
      Technique and Practice on April 6, 1998 regarding the European single currency
      (euro)) shall apply to each Commercial Letter of Credit.

     

    3.10  Trade
      Bank as
      L/C Issuer.  The
      parties hereto acknowledge and agree that, at its option, Wells Fargo, as L/C
      Issuer, may arrange for Letters of Credit to be issued by Trade Bank as agent
      for Wells Fargo.  All parties hereto understand and agree that
      to the
      extent any Letters of Credit are issued by Trade Bank as agent for Wells Fargo,
      (i) Trade Bank is agent only to Wells Fargo and not to Holdings and
      has no
      obligations to Holdings, (ii) the Letters of Credit issued by Trade
      Bank
      will be deemed Letters of Credit issued by the L/C Issuer for all purposes
      hereunder and (iii) any of the obligations performed or rights exercised
      pursuant to or in connection with the issuance of any Letter of Credit by Trade
      Bank shall be deemed obligations performed or rights exercised by Wells Fargo
      as
      L/C Issuer.  To the extent that the L/C Issuer is required to
      provide
      any notices to, or take any other actions for the benefit of, the Administrative
      Agent hereunder, with respect to any Letter of Credit issued by Trade Bank,
      no
      such notice or action shall be required.

     

    ARTICLE
      IV

     

    TAXES,
      YIELD PROTECTION AND ILLEGALITY

     

    4.01  Taxes.  (a)
      Any and all
      payments by Holdings to each Lender or the Administrative Agent under this
      Agreement and any other Loan Document shall be made free and clear of, and
      without deduction or withholding for, any Taxes.  In addition,
      Holdings shall pay all Other Taxes.

     

    (b)  If
      Holdings shall
      be required by law to deduct or withhold any Taxes, Other Taxes or Further
      Taxes
      from or in respect of any sum payable hereunder to any Lender or the
      Administrative Agent, then:

     

    (i)  the
      sum payable
      shall be increased as necessary so that, after making all required deductions
      and withholdings (including deductions and withholdings applicable to additional
      sums payable under this section), such Lender or the Administrative Agent,
      as
      the case may be, receives and retains an amount equal to the sum it would have
      received and retained had no such deductions or withholdings been
      made;

     

    (ii)  Holdings
      shall make
      such deductions and withholdings;

     

    (iii)  Holdings
      shall pay
      the full amount deducted or withheld to the relevant taxing authority or other
      authority in accordance with applicable law; and

     

    
      
        
        

      

      
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    (iv)  Holdings
      shall also
      pay to each Lender or the Administrative Agent for the account of such Lender,
      at the time interest is paid, Further Taxes in the amount that the respective
      Lender specifies as necessary to preserve the after-tax yield such Lender would
      have received if such Taxes, Other Taxes or Further Taxes had not been
      imposed.

     

    (c)  Holdings
      agrees to
      indemnify and hold harmless each Lender and the Administrative Agent for the
      full amount of (i) Taxes, (ii) Other Taxes, and (iii) Further
      Taxes in the amount that the respective Lender or the Administrative Agent
      specifies as necessary to preserve the after-tax yield such Lender or the
      Administrative Agent would have received if such Taxes, Other Taxes or Further
      Taxes had not been imposed, and any liability (including penalties, interest,
      additions to tax and expenses) arising therefrom or with respect thereto,
      whether or not such Taxes, Other Taxes or Further Taxes were correctly or
      legally asserted.  Payment under this indemnification shall be
      made
      within thirty (30) days after the date such Lender or the Administrative Agent
      makes written demand therefor.

     

    (d)  Within
      thirty (30)
      days after the date of any payment by Holdings of Taxes, Other Taxes or Further
      Taxes, Holdings shall furnish to each Lender or the Administrative Agent the
      original or a certified copy of a receipt evidencing payment thereof, or other
      evidence of payment satisfactory to such Lender or the Administrative
      Agent.

     

    (e)  If
      Holdings is
      required to pay any amount to any Lender pursuant to subsection (b) or (c)
      of
      this Section, then such Lender shall use reasonable efforts (consistent with
      legal and regulatory restrictions) to change the jurisdiction of its Lending
      Office so as to eliminate any such additional payment by Holdings which may
      thereafter accrue, if such change in the sole judgment of such Lender is not
      otherwise disadvantageous to such Lender.

     

    (f)  Nothing
      contained
      in this Section 4.01
      shall override any
      term or provision of any Specified Swap Contract regarding withholding taxes
      relating to Swap Contracts.

     

    4.02  Illegality.  (a)
      If any Lender
      determines that the introduction of any Requirement of Law, or any change in
      any
      Requirement of Law, or in the interpretation or administration of any
      Requirement of Law, has made it unlawful, or that any central bank or other
      Governmental Authority has asserted that it is unlawful, for any Lender or
      its
      applicable Lending Office to make Offshore Rate Loans, then, on notice thereof
      by such Lender to Holdings through the Administrative Agent, any obligation
      of
      that Lender to make Offshore Rate Loans shall be suspended until such Lender
      notifies the Administrative Agent and Holdings that the circumstances giving
      rise to such determination no longer exist.

     

    (b)  If
      a Lender
      determines that it is unlawful to maintain any Offshore Rate Loan, Holdings
      shall, upon its receipt of notice of such fact and demand from such Lender
      (with
      a copy to the Administrative Agent), prepay in full such Offshore Rate Loans
      of
      that Lender then outstanding, together with interest accrued thereon and amounts
      required under Section 4.04,
      either on the
      last day of the Interest Period thereof, if such Lender may lawfully continue
      to
      maintain such Offshore Rate Loans to such day, or immediately, if such Lender
      may not lawfully continue to maintain such Offshore Rate Loan.  If
      Holdings is required to so prepay any Offshore Rate Loan, then concurrently
      with
      such prepayment, Holdings shall borrow from the affected Lender, in the amount
      of such repayment, a Base Rate Loan.

     

    
      
        
        

      

      
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    (c)  If
      the obligation
      of any Lender to make or maintain Offshore Rate Loans has been so terminated
      or
      suspended, Holdings may elect, by giving notice to such Lender through the
      Administrative Agent that all Loans which would otherwise be made by such Lender
      as Offshore Rate Loans shall be instead Base Rate Loans.

     

    (d)  Before
      giving any
      notice to the Administrative Agent under this Section 4.02,
      the affected
      Lender shall designate a different Lending Office with respect to its Offshore
      Rate Loans if such designation will avoid the need for giving such notice or
      making such demand and will not, in the judgment of such Lender, be illegal
      or
      otherwise disadvantageous to such Lender.

     

    4.03  Increased
      Costs
      and Reduction of Return.  (a)
      If any Lender
      determines that, due to either (i) the introduction of, or any change
      (other than any change by way of imposition of or increase in reserve
      requirements included in the calculation of the Offshore Rate) in, or in the
      interpretation of any law or regulation or (ii) the compliance by that
      Lender with any guideline or request from any central bank or other Governmental
      Authority (whether or not having the force of law), there shall be any increase
      in the cost to such Lender of agreeing to make or making, funding or maintaining
      any Offshore Rate Loans or participating in Letters of Credit, or, in the case
      of the L/C Issuer, any increase in the cost to the L/C Issuer of agreeing to
      issue, issuing or maintaining any Letter of Credit or of agreeing to make or
      making, funding or maintaining any unpaid drawing under any Letter of Credit,
      then Holdings shall be liable for, and shall from time to time, upon demand
      (with a copy of such demand to be sent to the Administrative Agent), pay to
      the
      Administrative Agent for the account of such Lender or the L/C Issuer, as the
      case may be, additional amounts as are sufficient to compensate such Lender
      or
      the L/C Issuer, as the case may be, for such increased costs.

     

    (b)  If
      any Lender shall
      have determined that (i) the introduction of any Capital Adequacy
      Regulation, (ii) any change in any Capital Adequacy Regulation,
      (iii) any change in the interpretation or administration of any Capital
      Adequacy Regulation by any central bank or other Governmental Authority charged
      with the interpretation or administration thereof, or (iv) compliance
      by
      such Lender (or its Lending Office) or any corporation controlling such Lender
      with any Capital Adequacy Regulation, affects or would affect the amount of
      capital required or expected to be maintained by such Lender or any corporation
      controlling such Lender and (taking into consideration such Lender’s or such
      corporation’s policies with respect to capital adequacy and such Lender’s
      desired return on capital) determines that the amount of such capital is
      increased as a consequence of its Commitment, loans, credits or obligations
      under this Agreement, then, upon demand of such Lender to Holdings through
      the
      Administrative Agent, Holdings shall pay to such Lender, from time to time
      as
      specified by such Lender, additional amounts sufficient to compensate such
      Lender for such increase.

     

    4.04  Funding
      Losses.  Upon
      demand of any Lender (with a copy to the Administrative Agent) from time to
      time, Holdings shall promptly compensate such Lender for and hold such Lender
      harmless from any loss, cost or expense incurred by it as a result
      of:

     

    (a)  any
      continuation,
      conversion, payment or prepayment of any Loan other than a Base Rate Loan on
      a
      day other than the last day of the Interest Period for such Loan (whether
      voluntary, mandatory, automatic, by reason of acceleration, or
      otherwise);

     

    
      
        
        

      

      
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    (b)  any
      failure by
      Holdings (for a reason other than the failure of such Lender to make a Loan)
      to
      prepay, borrow, continue or convert any Loan other than a Base Rate Loan on
      the
      date or in the amount notified by Holdings; or

     

    (c)  any
      assignment of a
      Offshore Rate Loan on a day other than the last day of the Interest Period
      therefor as a result of a request by Holdings pursuant to Section 4.07;

     

    including
      any loss
      of anticipated profits and any loss or expense arising from the liquidation
      or
      reemployment of funds obtained by it to maintain such Loan or from fees payable
      to terminate the deposits from which such funds were
      obtained.  Holdings shall also pay any customary administrative
      fees
      charged by such Lender in connection with the foregoing.

     

    For
      purposes of
      calculating amounts payable by Holdings to the Lenders under this Section 4.04,
      each Lender shall
      be deemed to have funded each Offshore Rate Loan made by it at the Offshore
      Rate
      for such Loan by a matching deposit or other borrowing in the London interbank
      market for a comparable amount and for a comparable period, whether or not
      such
      Offshore Rate Loan was in fact so funded.

     

    4.05  Inability
      to
      Determine Rates.  If
      the
      Administrative Agent or the Majority Lenders determine that for any reason
      adequate and reasonable means do not exist for determining the Offshore Rate
      for
      any requested Interest Period with respect to a proposed Borrowing of Offshore
      Rate Loans or conversion into or continuation of Offshore Rate Loans, or that
      the Offshore Rate applicable pursuant to Section 2.10(a)
      for any requested
      Interest Period with respect to a proposed Borrowing of Offshore Rate Loans,
      or
      a conversion into or continuation of Offshore Rate Loans does not adequately
      and
      fairly reflect the cost to such Lenders of funding such Loans, the
      Administrative Agent will promptly so notify Holdings and each
      Lender.  Thereafter, the obligation of the Lenders to make or
      maintain
      Offshore Rate Loans, as the case may be, hereunder shall be suspended until
      the
      Administrative Agent upon the instruction of the Majority Lenders revokes such
      notice in writing.  Upon receipt of such notice, Holdings may
      revoke
      any Notice of Borrowing or Notice of Conversion/Continuation then submitted
      by
      it.  If Holdings does not revoke such Notice, the Lenders shall
      make,
      convert or continue the Loans, as proposed by Holdings, in the amount specified
      in the applicable notice submitted by Holdings, but such Loans shall be made,
      converted or continued as Base Rate Loans instead of Offshore Rate Loans, as
      the
      case may be.

     

    4.06  Certificates
      of
      Lenders.  Any
      Lender claiming reimbursement or compensation under this Article
      IV
      shall deliver to Holdings (with a copy to the Administrative Agent) a
      certificate setting forth in reasonable detail the amount payable to such Lender
      hereunder, and the basis for calculation of such amount, and such certificate
      shall be conclusive and binding on Holdings in the absence of manifest
      error.

     

    4.07  Substitution
      of
      Lenders.  Upon
      the receipt by Holdings from any Lender of a claim for compensation under
Section 4.03,
      or if any Lender
      is a Defaulting Lender (in each case, an “Affected
      Lender”),
      Holdings may:
      (i) request one or more of the other Lenders to acquire and assume all
      of
      such Affected Lender’s Loans and Commitment; or (ii) designate a
      replacement lending institution (which shall be an Eligible Assignee) to acquire
      and assume all of such Affected Lender’s Loans and Commitment (a “Replacement
      Lender”);
provided,
however,
      that Holdings
      shall be liable for the payment upon demand of all costs and other amounts
      arising under Section 4.04
      that result from
      the acquisition of any Affected Lender’s Loan and/or Commitment (or any portion
      thereof) by a Lender or Replacement Lender, as the case may be, on a date other
      than the last day of the applicable Interest Period with respect to any Offshore
      Rate Loan then outstanding.  Any such designation of a Replacement
      Lender under clause (ii) shall be effected in accordance with, and subject
      to the terms and conditions of, the assignment provisions contained in
Section 11.08,
      and shall in any
      event be subject to the prior written consent of the Administrative Agent,
      the
      L/C Issuer and the Swingline Lender (which consent shall not be unreasonably
      withheld).

     

    
      
        
        

      

      
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    4.08  Survival.  The
      agreements and obligations of Holdings in this Article
      IV
      shall survive the termination of the Commitments, the termination or expiration
      of all Letters of Credit and the payment of all other Obligations.

     

    ARTICLE
      V  

     

    CONDITIONS
      PRECEDENT

     

    5.01  Conditions
      to
      Signing Date.  The
      effectiveness of this Agreement and the obligations of each Lender to become
      a
      party hereto shall be subject to the condition that the Administrative Agent
      shall have received on or before the Signing Date all of the following, in
      form
      and substance reasonably satisfactory to the Administrative Agent and each
      Lender, and in sufficient copies for each Lender:

     

    (a)  Credit
      Agreement.  This
      Agreement executed by (i) Holdings, the Company and each direct or indirect
      U.S. Wholly-Owned Subsidiary of Holdings; (ii) each Lender (or in respect
      of any Existing Lender, a duly executed written consent to this Agreement
      authorizing the Administrative Agent to execute and deliver this Agreement
      on
      such Lender’s behalf), the Swingline Lender and the L/C Issuer; and
      (iii) the Administrative Agent.

     

    (b)  Resolutions;
      Incumbency.

     

    (i)  Copies
      of the
      resolutions of the board of directors of each Loan Party (or other similar
      enabling action of each Loan Party that is not a corporation) authorizing the
      transactions contemplated hereby, certified as of the Signing Date by the
      Secretary or an Assistant Secretary of such Person; and

     

    (ii)  a
      certificate of
      the Secretary or Assistant Secretary of each Loan Party, dated as of the Signing
      Date, certifying the names, titles and true signatures of the officers of such
      Person authorized to execute, deliver and perform, as applicable, this Agreement
      and all other Loan Documents to be delivered by it hereunder; and

     

    (c)  Financial
      Statements.

     

    (i)  The
      audited
      consolidated balance sheet of Holdings and its Subsidiaries as at December
      31,
      2003 and December 31, 2004, and the related consolidated statements of income
      or
      operations, shareholders’ equity and cash flows for the fiscal year then ended,
      certified by a Responsible Officer of the Company;

     

    
      
        
        

      

      
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    (ii)  the
      unaudited
      consolidated balance sheet of Holdings and its Subsidiaries as at March 31,
      2005, and the related consolidated statements of income or operations,
      shareholders’ equity and cash flows for the fiscal quarter then ended, certified
      by a Responsible Officer of the Company; and 

     

    (iii)  such
      other
      financial information as the Administrative Agent or any Lender may reasonably
      request.

     

    5.02  Conditions
      to
      Effective Date.  The
      obligations of each Lender and the L/C Issuer to make its initial Credit
      Extension hereunder (including the obligations of any New Lender to advance
      its
      Proportionate Share of any Loans currently outstanding under the Existing Credit
      Agreement pursuant to Section 2.01
      hereof) shall be
      subject to the condition that the Administrative Agent shall have received
      on or
      before the Effective Date all of the following, in form and substance reasonably
      satisfactory to the Administrative Agent and each Lender:

     

    (a)  Organization
      Documents; Good Standing.  Each
      of the following documents:

     

    (i)  the
      Organization
      Documents of each Loan Party as in effect on the Effective Date, certified
      by
      the Secretary or Assistant Secretary of such Person as of the Effective Date;
      and

     

    (ii)  a
      good standing
      certificate, as of a recent date, for each Loan Party from the Secretary of
      State (or similar, applicable Governmental Authority) of its state of
      incorporation or formation and each state where its ownership, lease or
      operation of property or the conduct of its business requires such Loan Party
      be
      qualified or otherwise licensed to do business;

     

    (b)  Legal
      Opinion.  An
      opinion of Gibson, Dunn & Crutcher LLP, counsel to the Loan Parties and
      addressed to the Administrative Agent and the Lenders, dated the Effective
      Date,
      substantially in the form of Exhibit
      D;

     

    (c)  Payment
      of
      Fees.  Evidence
      of payment by Holdings of all accrued and unpaid fees, costs and expenses to
      the
      extent then due and payable on the Effective Date, together with reasonable
      Attorney Costs of Wells Fargo to the extent invoiced prior to or on the
      Effective Date, plus
      such additional
      amounts of reasonable Attorney Costs as shall constitute Wells Fargo’s
      reasonable estimate of Attorney Costs incurred or to be incurred by it through
      the closing proceedings (provided
      that such estimate
      shall not thereafter preclude final settling of accounts between Holdings and
      Wells Fargo); including any such costs, fees and expenses arising under or
      referenced in Section 2.11
      and Section 11.04;

     

    (d)  Officer’s
      Certificate.  A
      certificate signed by a Responsible Officer of each of Holdings and the Company,
      dated as of the Effective Date, stating that:

     

    (i)  the
      representations
      and warranties contained in Article
      VI
      are true and correct on and as of such date, as though made on and as of such
      date;

     

    
      
        
        

      

      
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    (ii)  no
      Default or Event
      of Default exists or would result from the initial Credit Extension;
      and

     

    (iii)  there
      has occurred
      since December 31, 2004, no event or circumstance that has resulted or could
      reasonably be expected to result in a Material Adverse Effect;

     

    (e)  Collateral
      Documents.  The
      Collateral Documents, executed by each Loan Party, in appropriate form for
      recording, where necessary, together with:

     

    (i)  copies
      of all
      UCC-l, UCC-2 and UCC-3 financing statements to be filed to perfect or amend
      the
      security interests of the Administrative Agent for the benefit of the Lenders,
      or other evidence satisfactory to the Administrative Agent that there have
      been
      filed, registered or recorded all financing statements and other filings,
      registrations and recordings necessary and advisable to perfect or amend the
      perfection of the Liens of the Administrative Agent for the benefit of the
      Lenders in accordance with applicable law, or, with respect to the Mortgaged
      Property, evidence satisfactory to the Administrative Agent that the executed
      Mortgages (or Deed of Trust Amendments) with respect to the Mortgaged Property
      shall have been delivered to Chicago Title Insurance Company in recordable
      form
      on or prior to the Effective Date for recording or, in the case of Mortgaged
      Properties for which Mortgages have not previously been delivered under the
      Existing Credit Agreement, within 60 days from the Effective Date;

     

    (ii)  written
      advice
      relating to such Lien and judgment searches as the Administrative Agent shall
      have requested, and such termination statements or other documents as may be
      necessary to confirm that the Collateral is subject to no other Liens in favor
      of any Persons (other than Permitted Liens);

     

    (iii)  to
      the extent not
      previously delivered pursuant to the Existing Credit Agreement, receipt by
      the
      Administrative Agent of all certificates and instruments representing the
      Pledged Collateral, together with stock transfer powers executed in blank with
      signatures guaranteed as the Administrative Agent may specify;

     

    (iv)  funds
      sufficient to
      pay any filing or recording tax or fee in connection with any and all UCC-1
      financing statements and the Mortgages (or Deed of Trust
      Amendments);

     

    (v)  to
      the extent not
      previously delivered pursuant to the Existing Credit Agreement, surveys and
      surveyor’s certification already within the possession or within the control of
      any Loan Party as to all real property and all land covered by a lease in
      respect of which there is delivered a Mortgage;

     

    (vi)  proof
      of payment of
      all title insurance premiums, documentary stamp or intangible taxes, recording
      fees and mortgage taxes payable in connection with the recording of any Mortgage
      (or Deed of Trust Amendments) or the issuance of the title insurance policies
      or
      endorsements thereto (whether due on the Effective Date or in the future)
      including sums due in connection with any future advances;

     

    
      
        
        

      

      
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    (vii)  to
      the extent not
      previously delivered pursuant to the Existing Credit Agreement, such consents,
      estoppels, subordination agreements and other documents and instruments executed
      by landlords, tenants and other Persons party to material contracts relating
      to
      any Collateral as to which the Administrative Agent shall be granted a Lien
      for
      the benefit of the Lenders, as requested by the Administrative Agent or any
      Lender; and

     

    (viii)  evidence
      that all
      other actions necessary or, in the reasonable opinion of the Administrative
      Agent or the Lenders, desirable to perfect and protect the first priority Lien
      created by the Collateral Documents, and to enhance the Administrative Agent’s
      ability to preserve and protect its and the Lenders’ interests in and access to
      the Collateral;

     

    (f)  Insurance
      Policies.  Evidence
      that the Administrative Agent has been named as loss payee under all policies
      of
      casualty insurance under a Form 438BFU or other standard lender’s loss payable
      endorsement, and as additional insured under all policies of liability
      insurance, required in accordance with Section 7.06
      and the Collateral
      Documents, together with a certificate of insurance as to all insurance coverage
      on the properties of Holdings and its Subsidiaries;

     

    (g)  Compliance
      Certificate.  A
      completed Compliance Certificate, as of March 31, 2005, signed by a
      Responsible Officer of Holdings; 

     

    (h)  Deed
      of Trust
      Amendments.  The
      Deed of Trust Amendments executed by each party thereto pursuant to which the
      Mortgages shall be amended as provided therein.

     

    (i)  Control
      Agreements.  Any
      control agreements for the perfection of deposit accounts of Holdings and the
      Guarantors party hereto which have been requested by the Administrative Agent
      prior to the Effective Date shall have been executed by Holdings or such
      Guarantor, as applicable, and any applicable financial institutions;

     

    (j)  Assignments
      of
      Trademarks.  Such
      actions shall have been taken as the Administrative Agent deems necessary to
      ensure the Administrative Agent’s and the Lenders’ rights as secured party with
      respect to any trademarks of Holdings or any Guarantor party
      hereto;

     

    (k)  Notes.  Notes
      executed by Holdings for the Lenders requesting Notes; and

     

    (l)  Other
      Documents.  Such
      other approvals, opinions, documents or materials as the Administrative Agent
      or
      any Lender may reasonably request.

     

    5.03  Conditions
      to
      each Subsequent Effective Date.  The
      obligations of each Additional Lender to become a party hereto and of each
      Additional Lender to make the Additional Term A Loans, Additional
      Term B Loans and/or to provide any Additional Revolving Commitment shall
      be
      subject to the condition that the Administrative Agent shall have received
      on or
      before the relevant Subsequent Effective Date all of the following, in form
      and
      substance reasonably satisfactory to the Administrative Agent and each
      Additional Lender, and in sufficient copies for each Additional
      Lender:

     

    (a)  Credit
      Agreement
      and Notes.  This
      Agreement executed by each Additional Lender and Notes executed by Holdings
      for
      each Additional Lender requesting Notes;

     

    
      
        
        

      

      
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    (b)  Secretary’s
      Certificate.  A
      certificate of the Secretary or Assistant Secretary of each Loan Party, dated
      as
      of the relevant Subsequent Effective Date, certifying:

     

    (i)  that
      the
      resolutions of the board of directors of each Loan Party (or other similar
      enabling action of each Loan Party that is not a corporation) authorizing the
      transactions contemplated hereby, as delivered on the Effective Date, are in
      full force and effect and have not been amended, supplemented or modified;
      and

     

    (ii)  the
      names, titles
      and true signatures of the officers of such Person authorized to execute,
      deliver and perform, as applicable, this Agreement and all other Loan Documents
      to be delivered by it hereunder; 

     

    (c)  Organization
      Documents; Good Standing.  Each
      of the following documents:

     

    (i)  the
      Organization
      Documents of each Loan Party as in effect on the relevant Subsequent Effective
      Date, certified by the Secretary or Assistant Secretary of such Person as of
      the
      relevant Subsequent Effective Date, or a certification by such Secretary or
      Assistant Secretary that the Organization Documents of such Loan Party delivered
      to the Administrative Agent on the Effective Date or any prior Subsequent
      Effective Date are in full force and effect and have not been amended,
      supplemented or modified; and

     

    (ii)  a
      good standing
      certificate, as of a date reasonably prior to the relevant Subsequent Effective
      Date as is determined by the Administrative Agent in good faith, for each Loan
      Party from the Secretary of State (or similar, applicable Governmental
      Authority) of its state of incorporation and each state where its ownership,
      lease or operation of property or the conduct of its business requires such
      Loan
      Party be qualified or otherwise licensed to do business;

     

    (d)  Payment
      of
      Fees.  Evidence
      of payment by Holdings of all accrued and unpaid fees, costs and expenses to
      the
      extent then due and payable on the relevant Subsequent Effective Date, together
      with reasonable Attorney Costs of Wells Fargo to the extent invoiced prior
      to or
      on the relevant Subsequent Effective Date, plus
      such additional
      amounts of reasonable Attorney Costs as shall constitute Wells Fargo’s
      reasonable estimate of Attorney Costs incurred or to be incurred by it through
      the closing proceedings (provided
      that such estimate
      shall not thereafter preclude final settling of accounts between Holdings and
      Wells Fargo); including any such costs, fees and expenses arising under or
      referenced in Section 2.11
      and Section 11.04;

     

    (e)  Officer’s
      Certificate.  A
      certificate signed by a Responsible Officer of each of Holdings and the Company,
      dated as of the relevant Subsequent Effective Date, stating that:

     

    (i)  the
      representations
      and warranties contained in Article
      VI
      are true and correct on and as of such date, as though made on and as of such
      date (except to the extent such representations and warranties expressly refer
      to an earlier date, in which case they shall be true and correct as of such
      earlier date);

     

    
      
        
        

      

      
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    (ii)  no
      Default or Event
      of Default exists or would result from the Credit Extensions to be made as
      of
      the relevant Subsequent Effective Date; and, after giving effect to such Credit
      Extensions (assuming for purposes of this Section 5.03(e)(ii)
      full utilization
      of the Aggregate Revolving Commitment after giving effect to any Additional
      Revolving Commitment), Holdings would be in pro forma compliance with the
      financial covenants set forth in Section 8.19
      measured as of the
      last day of the fiscal quarter then most recently ended; and

     

    (iii)  there
      has occurred
      since the Effective Date, no event or circumstance that has resulted or could
      reasonably be expected to result in a Material Adverse Effect;

     

    (f)  Additional
      Conditions.  The
      Borrower shall have complied with all of the conditions set forth in
      Section 2.01(d), Section 2.01(e) or Section 2.01(f), as
      applicable; and

     

    (g)  Other
      Documents.  Such
      other approvals, opinions, documents or materials as the Administrative Agent
      or
      any Additional Lender may reasonably request.

     

    5.04  Conditions
      to
      All Credit Extensions.  The
      obligation of each Lender (including the Swingline Lender) to make any Credit
      Extension (including its initial Credit Extension) and the obligation of the
      L/C
      Issuer to Issue any Letter of Credit (including the initial Letter of Credit)
      shall be subject to the satisfaction of the following conditions precedent
      on
      the relevant Borrowing Date or Issuance Date:

     

    (a)  Notice,
      Application.  The
      Administrative Agent shall have received a Notice of Borrowing or in the case
      of
      any Issuance of any Letter of Credit, the L/C Issuer and the Administrative
      Agent shall have received an L/C Application or L/C Amendment Application,
      as
      required under Section 3.02;

     

    (b)  Continuation
      of
      Representations and Warranties.  The
      representations and warranties in Article
      VI
      shall be true and correct on and as of such Borrowing Date or Issuance Date
      with
      the same effect as if made on and as of such Borrowing Date or Issuance Date,
      except to the extent that such representations and warranties specifically
      refer
      to an earlier date, in which case they shall be true and correct as of such
      earlier date, and except that for purposes of this Section 5.04(b),
      the
      representations and warranties contained in Section 6.11(a)
      shall be deemed to
      refer to the most recent statements furnished pursuant to such
      Section.

     

    (c)  No
      Existing
      Default.  No
      Default or Event of Default shall exist or shall result from such Borrowing
      or
      Issuance; 

     

    (d)  No
      Material
      Adverse Effect.  There
      has occurred since December 31, 2004, no event or circumstance that
      has
      resulted or could reasonably be expected to result in a Material Adverse Effect;
      and

     

    (e)  No
      Future
      Advance Notice.  Neither
      the Administrative Agent nor any Lender shall have received from Holdings or
      any
      other Person any notice that any Collateral Document will no longer secure
      on a
      first priority basis future advances or future Loans to be made or extended
      under this Agreement.

     

    
      
        
        

      

      
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    Each
      Notice of
      Borrowing and L/C Application or L/C Amendment Application submitted by Holdings
      hereunder shall constitute a representation and warranty by Holdings hereunder,
      as of the date of each such notice and as of each Borrowing Date or Issuance
      Date, as applicable, that the conditions in this Section 5.04
      are
      satisfied.

     

    ARTICLE
      VI

     

    REPRESENTATIONS
      AND WARRANTIES

     

    Each
      of Holdings
      and the Company represents and warrants to the Administrative Agent and each
      Lender that:

     

    6.01  Corporate
      Existence and Power.  Holdings
      and each of its Subsidiaries:

     

    (a)  is
      a corporation,
      limited liability company or partnership duly organized or formed, as the case
      may be, validly existing and in good standing under the laws of the jurisdiction
      of its incorporation or formation; 

     

    (b)  has
      the power and
      authority and all governmental licenses, authorizations, consents and approvals
      (i) to own its assets and carry on its business and (ii) in the
      case
      of any Loan Party, to execute, deliver, and perform its obligations under the
      Loan Documents;

     

    (c)  is
      duly qualified,
      licensed and in good standing under the laws of each jurisdiction where its
      ownership, lease or operation of property or the conduct of its business
      requires such qualification, license or good standing; and

     

    (d)  is
      in compliance
      with all Requirements of Law;

     

    except,
      in each
      case referred to in clauses (b)(i), (c) or (d) of this Section 6.01,
      to the extent
      that the failure to do so would not reasonably be expected to have a Material
      Adverse Effect.

     

    6.02  Corporate
      Authorization; No Contravention.  The
      execution, delivery and performance by each Loan Party of this Agreement and
      each other Loan Document to which such Loan Party is party, have been duly
      authorized by all necessary corporate, limited liability company or other
      applicable organizational action, and do not and will not:

     

    (a)  contravene
      the
      terms of any of that Person’s Organization Documents;

     

    (b)  conflict
      with or
      result in any breach or contravention of, or the creation of any Lien under,
      any
      document evidencing any Contractual Obligation to which such Person is a party
      or any order, injunction, writ or decree of any Governmental Authority to which
      such Person or its property is subject; or

     

    (c)  violate
      any
      Requirement of Law.

     

    6.03  Governmental
      Authorization.  No
      approval, consent, exemption, authorization, or other action by, or notice
      to,
      or filing with, any Governmental Authority (except for recordings or filings
      in
      connection with the Liens granted to the Administrative Agent under the
      Collateral Documents) is necessary or required in connection with the execution,
      delivery or performance by, or enforcement against, any Loan Party of this
      Agreement or any other Loan Document.

     

    
      
        
        

      

      
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    6.04  Binding
      Effect.  This
      Agreement and each other Loan Document to which any Loan Party is a party
      constitute the legal, valid and binding obligations of such Loan Party,
      enforceable against such Loan Party in accordance with their respective terms,
      except as enforceability may be limited by applicable bankruptcy, insolvency,
      or
      similar laws affecting the enforcement of creditors’ rights generally or by
      equitable principles relating to enforceability.

     

    6.05  Litigation.  Except
      as specifically disclosed in Schedule 6.05,
      there are no
      actions, suits, proceedings, claims or disputes pending, or to the best
      knowledge of Holdings and the Company, threatened or contemplated, at law,
      in
      equity, in arbitration or before any Governmental Authority, against Holdings
      or
      its Subsidiaries or any of their respective properties which:

     

    (a)  purport
      to affect
      or pertain to this Agreement or any other Loan Document, or any of the
      transactions contemplated hereby or thereby; or

     

    (b)  are
      reasonably
      likely to result in an adverse result for Holdings or any of its Subsidiaries,
      which adverse result would reasonably be expected to have a Material Adverse
      Effect.  No injunction, writ, temporary restraining order or
      any order
      of any nature has been issued by any court or other Governmental Authority
      purporting to enjoin or restrain the execution, delivery or performance of
      this
      Agreement or any other Loan Document, or directing that the transactions
      provided for herein or therein not be consummated as herein or therein
      provided.

     

    6.06  No
      Defaults.  No
      Default or Event of Default exists or would result from the incurring of any
      Obligations by any Loan Party or from the grant or perfection of the Liens
      in
      favor of the Administrative Agent and the Lenders on the
      Collateral.  Neither Holdings nor any Subsidiary is in default
      under
      or with respect to any Contractual Obligation in any respect which, individually
      or together with all such defaults, could reasonably be expected to have a
      Material Adverse Effect, or that would create an Event of Default under
Section 9.01(e).

     

    6.07  ERISA
      Compliance.  Except
      as specifically disclosed in Schedule 6.07:

     

    (a)  Each
      Plan is in
      compliance in all material respects with the applicable provisions of ERISA,
      the
      Code and other federal or state law.  Each Plan which is intended
      to
      qualify under section 401(a) of the Code has received a favorable determination
      letter from the IRS and to the best knowledge of Holdings and the Company,
      nothing has occurred which would cause the loss of such
      qualification.  Holdings, the Company and each ERISA Affiliate
      have
      made all required contributions to any Plan subject to section 412 of the Code,
      and no application for a funding waiver or an extension of any amortization
      period pursuant to section 412 of the Code has been made with respect to any
      Plan.

     

    (b)  There
      are no
      pending or, to the best knowledge of Company, threatened claims, actions or
      lawsuits, or action by any Governmental Authority, with respect to any Plan
      which has resulted or could reasonably be expected to result in a Material
      Adverse Effect.  There has been no prohibited transaction or
      violation
      of the fiduciary responsibility rules with respect to any Plan which has
      resulted or could reasonably be expected to result in a Material Adverse
      Effect.

     

    
      
        
        

      

      
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    (c)  (i) No
      ERISA
      Event has occurred or is reasonably expected to occur; (ii) no Pension
      Plan
      has any Unfunded Pension Liability; (iii) neither Holdings nor any ERISA
      Affiliate has incurred, or reasonably expects to incur, any liability under
      Title IV of ERISA with respect to any Pension Plan (other than premiums due
      and
      not delinquent under section 4007 of ERISA); (iv) neither Holdings nor
      any
      ERISA Affiliate has incurred, or reasonably expects to incur, any liability
      (and
      no event has occurred which, with the giving of notice under section 4219
      of ERISA, would result in such liability) under section 4201 or 4243 of ERISA
      with respect to a Multiemployer Plan; and (v) neither Holdings nor any
      ERISA Affiliate has engaged in a transaction that could be subject to section
      4069 or 4212(c) of ERISA.

     

    6.08  Use
      of Proceeds;
      Margin Regulations.  The
      proceeds of the Loans and the Letters of Credit are to be used solely for the
      purposes set forth in and permitted by Section 7.12
      and Section 8.07.  No
      Loan Party is generally engaged in the business of purchasing or selling Margin
      Stock or extending credit for the purpose of purchasing or carrying Margin
      Stock.

     

    6.09  Title
      to
      Properties; Liens.  Holdings
      and each Subsidiary have good record and marketable title in fee simple to,
      or
      valid leasehold interests in, all real property necessary or used in the
      ordinary conduct of their respective businesses, except for such defects in
      title as could not, individually or in the aggregate, have a Material Adverse
      Effect.  The property of Holdings and its Subsidiaries is subject
      to
      no Liens, other than Permitted Liens.

     

    6.10  Taxes.  Holdings
      and its Subsidiaries have filed all Federal and other material tax returns
      and
      reports required to be filed, and have paid all Federal and other material
      taxes, assessments, fees and other governmental charges levied or imposed upon
      them or their properties, income or assets otherwise due and payable, except
      those which are being contested in good faith by appropriate proceedings and
      for
      which adequate reserves have been provided in accordance with GAAP. There is
      no
      proposed tax assessment against Holdings or any Subsidiary that would, if made,
      have a Material Adverse Effect.

     

    6.11  Financial
      Condition.  (a)
      The audited
      consolidated balance sheet of Holdings and its Subsidiaries dated December
      31,
      2004, the unaudited balance sheet of Holdings and its Subsidiaries for the
      fiscal quarter ended March 31, 2005 and, in each case, the related consolidated
      statements of income or operations and cash flows for the fiscal period ended
      on
      that date:

     

    (i)  were
      prepared in
      accordance with GAAP consistently applied throughout the period covered thereby,
      except as otherwise expressly noted therein, subject to ordinary, good faith
      year end audit adjustments in the case of quarterly financial statements;

     

    (ii)  are
      complete and
      accurate in all material respects and fairly present the financial condition
      of
      Holdings and its Subsidiaries as of the date thereof and results of operations
      and cash flows for the period covered thereby; and

     

    (iii)  except
      as
      specifically disclosed in Schedule 6.11,
      show all material
      Indebtedness and other liabilities, direct or contingent, of Holdings and its
      consolidated Subsidiaries as of the date thereof, including liabilities for
      taxes, material commitments and Contingent Obligations.

     

    
      
        
        

      

      
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    (b)  Since
      December 31,
      2004, there has not been, nor is it reasonably likely that there will be, any
      Material Adverse Effect.

     

    (c)  Any
      pro forma
      financial statements of Holdings and its Subsidiaries furnished by Holdings
      to
      the Lenders hereunder were prepared in accordance with GAAP, are complete and
      accurate in all material respects and fairly present the pro forma financial
      condition of Holdings and its Subsidiaries as of the date thereof, and any
      financial projections furnished to the Lenders hereunder represent Holdings’
      best estimates and assumptions as to future performance, which Holdings believes
      to be fair and reasonable as of the time made in the light of current and
      reasonably foreseeable business conditions.

     

    6.12  Environmental
      Matters.  Holdings
      conducts in the ordinary course of business a review of the effect of existing
      Environmental Laws and existing Environmental Claims on its business, operations
      and properties, and as a result thereof Holdings has reasonably concluded that,
      except as specifically disclosed in Schedule 6.12,
      such
      Environmental Laws and Environmental Claims could not, individually or in the
      aggregate, reasonably be expected to have a Material Adverse
      Effect.

     

    (a)  Except
      as
      specifically disclosed in Schedule 6.12,
      the ongoing
      operations of Holdings and each of its Subsidiaries comply in all respects
      with
      all Environmental Laws, except such non-compliance which would not (if enforced
      in accordance with applicable law) result in liability in excess of $2,000,000
      in the aggregate.

     

    (b)  Except
      as
      specifically disclosed in Schedule 6.12,
      Holdings and each
      of its Subsidiaries have obtained all licenses, permits, authorizations and
      registrations required under any Environmental Law (“Environmental
      Permits”)
      and necessary
      for their respective ordinary course operations, all such Environmental Permits
      are in good standing, and Holdings and each of its Subsidiaries are in
      compliance with all material terms and conditions of such Environmental
      Permits.

     

    (c)  Except
      as
      specifically disclosed in Schedule 6.12,
      none of Holdings,
      any of its Subsidiaries or any of their respective present property or
      operations, is subject to any outstanding written order from or agreement with
      any Governmental Authority, nor subject to any judicial or docketed
      administrative proceeding, respecting any Environmental Law, Environmental
      Claim
      or Hazardous Material.

     

    (d)  Except
      as
      specifically disclosed in Schedule 6.12,
      there are no
      Hazardous Materials or other conditions or circumstances existing with respect
      to any property of Holdings or any Subsidiary, or arising from operations prior
      to the Effective Date, of Holdings or any of its Subsidiaries that would
      reasonably be expected to give rise to Environmental Claims with a potential
      liability of Holdings and its Subsidiaries in excess of $1,000,000 in the
      aggregate for any such condition, circumstance or property.  In
      addition, (i) neither Holdings nor any Subsidiary has any underground
      storage tanks (A) that are not properly registered or permitted under applicable
      Environmental Laws, or (B) that are leaking or disposing of Hazardous Materials
      off-site, and (ii) Holdings and its Subsidiaries have notified all of
      their
      employees of the existence, if any, of any health hazard arising from the
      conditions of their employment and have met all notification requirements under
      Title III of CERCLA and all other Environmental Laws.

     

    
      
        
        

      

      
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    6.13  Collateral
      Documents.

     

    (a)  (i) The
      provisions of each of the Collateral Documents were, as of the closing of the
      Existing Credit Agreement, and as amended, remain, effective to create in favor
      of the Administrative Agent for the benefit of the Lenders, a legal, valid
      and
      enforceable first priority Lien in all right, title and interest of Holdings,
      or
      the applicable Loan Party (as the case may be), in the Collateral described
      therein to secure the Obligations, (ii) all filings and other actions
      necessary or desirable to perfect and maintain the perfection and first priority
      status of such Liens have been duly made or taken and remain in full force
      and
      effect and (iii) each Intellectual Property Security Agreement has been
      filed in the U.S. Patent and Trademark Office and the U.S. Copyright
      Office.

     

    (b)  Each
      Mortgage when
      delivered was, and as amended, remains, as of the Effective Date, effective
      to
      grant to the Administrative Agent for the benefit of the Lenders a legal, valid
      and enforceable deed of trust/mortgage Lien on all the right, title and interest
      of the mortgagor under such Mortgage in the Mortgaged Property described
      therein.  Each such Mortgage was duly recorded in the offices
      listed
      on the schedule to such Mortgage and the mortgage recording fees and taxes
      in
      respect thereof were paid and compliance was otherwise had with the formal
      requirements of state law applicable to the recording of real estate mortgages
      generally.  Each such Mortgaged Property, subject to the encumbrances
      and exceptions to title set forth therein and except as noted in the title
      policies delivered to the Administrative Agent pursuant to Section 5.01,
      is subject to a
      legal, valid, enforceable and perfected first priority Lien.  In
      addition, financing statements have been filed in the offices specified in
      such
      Mortgage thereby creating a legal, valid, enforceable and perfected first Lien
      on all right, title and interest of Holdings or such Subsidiary under such
      Mortgage in all personal property and fixtures which is covered by such
      Mortgage, subject to no other Liens, except the encumbrances and exceptions
      to
      title set forth therein and except as noted in the title policies delivered
      to
      the Administrative Agent pursuant to Section 5.01,
      and Permitted
      Liens.

     

    (c)  All
      representations
      and warranties of Holdings and any of its Subsidiaries party thereto contained
      in the Collateral Documents are true and correct.

     

    6.14  Regulated
      Entities.  None
      of Holdings, any Person controlling Holdings, or any Subsidiary, is an
“Investment Company” within the meaning of the Investment Company Act of
      1940.  No Loan Party is subject to regulation under the Public
      Utility
      Holding Company Act of 1935, the Federal Power Act, the Interstate Commerce
      Act,
      any state public utilities code, or any other Federal or state statute or
      regulation limiting its ability to incur Indebtedness.

     

    6.15  No
      Burdensome
      Restrictions.  Neither
      Holdings nor any Subsidiary is a party to or bound by any Contractual
      Obligation, or subject to any restriction in any Organization Document, or
      any
      Requirement of Law, which could reasonably be expected to have a Material
      Adverse Effect.  Except as set forth on Schedule 6.15,
      neither Holdings
      nor any Subsidiary is a party to or bound by any Contractual Obligation which
      restricts, limits or prohibits the payment of dividends by any Subsidiary or
      the
      making of any other distribution in respect of such Subsidiary’s capital
      stock.

     

    
      
        
        

      

      
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    6.16  Copyrights,
      Patents, Trademarks and Licenses, Etc.  Holdings
      or its Subsidiaries own or are licensed or otherwise have the right to use
      all
      of the patents, trademarks, service marks, trade names, copyrights, contractual
      franchises, authorizations and other rights that are reasonably necessary for
      the operation of their respective businesses, without conflict with the rights
      of any other Person.  To the best knowledge of Holdings and the
      Company, no slogan or other advertising device, product, process, method,
      substance, part or other material now employed, or now contemplated to be
      employed, by Holdings or any Subsidiary infringes upon any rights held by any
      other Person.  Except as specifically disclosed in Schedule 6.05,
      no claim or
      litigation regarding any of the foregoing is pending or, to the best knowledge
      of Holdings and the Company, threatened, and no patent, invention, device,
      application, principle or any statute, law, rule, regulation, standard or code
      is pending or, to the best knowledge of Holdings and the Company, proposed,
      which, in either case, could reasonably be expected to have a Material Adverse
      Effect.

     

    6.17  Subsidiaries.  As
      of
      the Effective Date, Holdings has no Subsidiaries other than those specifically
      disclosed in part (a) of Schedule 6.17
      and has no equity
      investments in any other Person other than those specifically disclosed in
      part
      (b) of Schedule 6.17.  All
      U.S. Subsidiaries of Holdings as of the Effective Date are identified as such
      on
      part (a) of Schedule 6.17,
      as well as a
      denotation as to whether such Subsidiary is a Wholly-Owned Subsidiary or
      Non-Wholly-Owned Subsidiary.

     

    6.18  Insurance.  Except
      as specifically disclosed in Schedule 6.18,
      the properties of
      Holdings and its Subsidiaries are insured with financially sound and reputable
      insurance companies not Affiliates of Holdings, in such amounts, with such
      deductibles and covering such risks as are deemed to be appropriate by Holdings
      in the exercise of its reasonable business judgment.

     

    6.19  Swap
      Obligations.  (a)
      Neither Holdings
      nor any of its Subsidiaries has incurred any outstanding obligations under
      any
      Swap Contracts, other than Permitted Swap Obligations.  In the
      ordinary course of managing its business, Holdings undertakes its own
      independent assessment of its consolidated assets, liabilities and commitments
      and considers appropriate means of mitigating and managing risks associated
      with
      such matters, and Holdings has not relied on any swap counterparty or any
      Affiliate of any swap counterparty in determining whether to enter into any
      Swap
      Contract.

     

    (b)  Neither
      Holdings
      nor any of its Subsidiaries has entered into any master agreement relating
      to
      Swap Contracts and under which termination values resulting from Swap contracts
      that are Specified Swap Contracts are nettable against termination values
      resulting from Swap Contracts that are not Specified Swap Contracts, unless
      only
      Specified Swap Contracts are outstanding under such master
      agreement.

     

    
      
        
        

      

      
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    6.20  Real
      Property.  Schedule 6.20
      contains a
      complete listing of all real property owned by Holdings or any of its
      Subsidiaries as of the Effective Date, and identifies which of such properties
      constitute Mortgaged Property as of the Effective Date.

     

    6.21  Full
      Disclosure.  None
      of the representations or warranties made by any Loan Party in the Loan
      Documents as of the date such representations and warranties are made or deemed
      made, and none of the statements contained in any exhibit, report, statement
      or
      certificate furnished by or on behalf of any Loan Party in connection with
      the
      Loan Documents (including the offering and disclosure materials delivered by
      or
      on behalf of any Loan Party to the Lenders prior to the Effective Date),
      contains any untrue statement of a material fact or omits any material fact
      required to be stated therein or necessary to make the statements made therein,
      in light of the circumstances under which they are made, not misleading as
      of
      the time when made or delivered; provided
      that to the extent
      any such information, report, financial statement, exhibit or schedule was
      based
      upon or constitutes a forecast or projection, such Loan Party represents only
      that it acted in good faith and utilized reasonable assumptions and due care
      in
      the preparation of such information, report, financial statement, exhibit or
      schedule (it being understood that forecasts and projections by their nature
      involve approximations and uncertainties).

     

    6.22  Internal
      Controls.  To
      the
      extent that Holdings is a public corporation:

     

    (a)  Except
      as set forth
      in the reports of Holdings filed with the SEC under the Exchange Act, Holdings
      has established and maintains disclosure controls and procedures (as such term
      is defined in Rule 13a-14 under the Exchange Act), which (i) are designed
      to ensure that material information relating to Holdings, including its
      consolidated subsidiaries, is made known to Holdings’ principal executive
      officer and its principal financial officer or persons performing similar
      functions by others within those entities, particularly during the periods
      in
      which the periodic reports required under the Exchange Act are being prepared;
      (ii) have been evaluated for effectiveness as of a date within ninety
      (90)
      days prior to the filing of Holdings’ most recent annual or quarterly report
      filed with the SEC; and (iii) are effective in all material respects
      to
      perform the functions for which they were established;

     

    (b)  Except
      as set forth
      in the reports of Holdings filed with the SEC under the Exchange Act, based
      on
      the evaluation of its disclosure controls and procedures, Holdings is not aware
      of (i) any significant deficiency in the design or operation of internal
      controls over financial reporting which are reasonably likely to adversely
      affect Holdings’ ability to record, process, summarize and report financial
      information or (ii) any fraud, whether or not material, that involves
      management or other employees who have a significant role in Holdings’ internal
      controls over financial reporting; and

     

    (c)  Since
      the date of
      the most recent evaluation of such disclosure controls and procedures, except
      as
      set forth in the reports of Holdings filed with the SEC under the Exchange
      Act,
      there have been no significant changes in internal controls over financial
      reporting or in other factors that could materially affect internal controls
      over financial reporting, including any corrective actions with regard to
      significant deficiencies and material weaknesses.

     

    
      
        
        

      

      
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    ARTICLE
      VII

     

    AFFIRMATIVE
      COVENANTS

     

    So
      long as any Lender shall have any Commitment hereunder, or any Loan or other
      Obligation shall remain unpaid or unsatisfied, or any Letter of Credit shall
      remain outstanding, unless the Majority Lenders waive compliance in writing:
      

     

    7.01  Financial
      Statements.  Holdings
      shall deliver to the Administrative Agent and each Lender, in form and detail
      satisfactory to the Administrative Agent and the Majority Lenders:

     

    (a)  as
      soon as
      available, but not later than ninety (90) days after the end of each fiscal
      year, a copy of the audited consolidated balance sheet of Holdings and its
      Subsidiaries as at the end of such year and the related consolidated statements
      of income or operations, shareholders’ equity, retained earnings and cash flows
      for such year, setting forth in each case in comparative form the figures for
      the previous fiscal year, and accompanied by the unqualified opinion of KPMG
      or
      another nationally recognized independent public accounting firm (the
“Independent
      Auditor”)
      which report
      shall state that such consolidated financial statements present fairly the
      financial position for the periods indicated in conformity with GAAP applied
      on
      a basis consistent with prior years.  Such opinion shall not
      be
      qualified as to (i) going concern or (ii) any limitation in the
      scope
      of the audit;

     

    (b)  as
      soon as
      available, but not later than forty-five (45) days after the end of each of
      the
      first three fiscal quarters of each fiscal year, a copy of the unaudited
      consolidated balance sheet of Holdings and its Subsidiaries as of the end of
      such quarter and the related consolidated statements of income, shareholders’
      equity and cash flows for the period commencing on the first day and ending
      on
      the last day of such quarter, and certified by a Responsible Officer of Holdings
      as being complete and accurate in all material respects and fairly presenting,
      in accordance with GAAP (subject to ordinary, good faith year-end audit
      adjustments), the financial position and the results of operations and cash
      flows of Holdings and the Subsidiaries; and

     

    (c)  promptly,
      such
      other financial statements and information (including financial information
      regarding Minority Investments) as the Administrative Agent, at the request
      of
      any Lender, may from time to time request.

     

    As
      to any information contained in materials furnished pursuant to Section 7.02(e),
      Holdings shall
      not be separately required to furnish such information under Section 7.01(a)
      or Section 7.01(b)
      above, but the
      foregoing shall not be in derogation of the obligation of Holdings to furnish
      the information and materials described in Section 7.01(a)
      and Section 7.01(b)
      above at the times
      specified therein.

     

    7.02  Certificates;
      Other Information.  Holdings
      shall furnish to the Administrative Agent and each Lender:

     

    (a)  concurrently
      with
      the delivery of the financial statements referred to in Section 7.01(a),
      a certificate of
      the Independent Auditor stating that in the course of the regular examination
      of
      the business of Holdings and its Subsidiaries, which examination was conducted
      by such accounting firm in accordance with GAAP, nothing has come to the
      attention of the Independent Auditor which would cause it to believe that a
      Default or Event of Default has occurred and is continuing, or if, in the
      opinion of the Independent Auditor, a Default or an Event of Default has
      occurred and is continuing, a statement as to the nature thereof.

     

    
      
        
        

      

      
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    (b)  within
      ninety (90)
      days after the close of each fiscal year, an update of the projections delivered
      to the Lenders prior to the Effective Date (the “Effective
      Date
      Projections”)
      for the
      then-current and next succeeding fiscal years through and including the 2010
      fiscal year, certified by a Responsible Officer of Holdings, together with
      a
      statement of such Responsible Officer explaining in reasonable detail any
      significant variances from the Effective Date Projections;

     

    (c)  concurrently
      with
      the delivery of the financial statements referred to in Section 7.01(a)
      and Section 7.01(b),
      a Compliance
      Certificate executed by a Responsible Officer of Holdings;

     

    (d)  promptly,
      copies of
      all financial statements and reports that Holdings sends to its shareholders,
      and copies of all financial statements and regular, periodical or special
      reports (including Forms 10K, 10Q and 8K) that Holdings or any Subsidiary may
      make to, or file with, the SEC;

     

    (e)  promptly
      upon
      sending or receipt, copies of any and all management letters and correspondence
      relating to management letters, sent or received by Holdings or any of its
      Subsidiaries to or from the Independent Auditor;

     

    (f)  at
      the same time it
      is provided to the holders of any Permitted Subordinated Debt, any notices
      and
      other information provided to such holders pursuant to the reporting and notices
      provisions of the Subordinated Debt Documents (without duplication of any
      notices, financial statements and other information required
      hereunder);

     

    (g)  within
      twenty (20)
      days of the Administrative Agent’s or any Lender’s request therefor, (i) a
      current list of the names, addresses and outstanding debts of all account
      debtors, and (ii) a current list of the names, addresses and outstanding
      amounts due all creditors of Holdings or any Subsidiary;

     

    (h)  concurrently
      with
      the delivery of the financial statements referred to in Section 7.01(a)
      and Section 7.01(b),
      an Update
      Certificate, executed by a Responsible Officer of Holdings;

     

    (i)  promptly,
      such
      additional information regarding the business, financial or corporate affairs
      of
      Holdings or any Subsidiary as the Administrative Agent, at the request of any
      Lender, may from time to time request.

     

    7.03  Notices.  Holdings
      shall promptly notify the Administrative Agent:

     

    
      
        
        

      

      
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    (a)  of
      the occurrence
      of any Default or Event of Default, and of the occurrence or existence of any
      event or circumstance that foreseeably will become a Default or Event of
      Default;

     

    (b)  of
      any matter that
      has resulted or could result in a Material Adverse Effect, including
      (i) any breach or non-performance of, or any default under, any Contractual
      Obligation of Holdings or any of its Subsidiaries which has resulted or could
      result in a Material Adverse Effect; and (ii) any dispute, litigation,
      investigation, proceeding or suspension which may exist at any time between
      Holdings or any of its Subsidiaries and any Governmental Authority (including
      under or pursuant to any Environmental Laws) which has resulted or could result
      in a Material Adverse Effect;

     

    (c)  of
      the commencement
      of, or any material development in, any litigation or proceeding affecting
      Holdings or any Subsidiary (i) which, if adversely determined, would
      reasonably be expected to have a Material Adverse Effect, or (ii) in
      which
      the relief sought is an injunction or other stay of the performance of this
      Agreement or any Loan Document;

     

    (d)  upon,
      but in no
      event later than ten (10) days after, becoming aware of (i) any and
      all
      enforcement, cleanup, removal or other governmental or regulatory actions
      instituted, completed or threatened against Holdings or any Subsidiary or any
      of
      their respective properties pursuant to any applicable Environmental Laws,
      (ii) all other Environmental Claims, and (iii) any environmental
      or
      similar condition on any real property adjoining or in the vicinity of the
      property of Holdings or any Subsidiary that could reasonably be anticipated
      to
      cause such property or any part thereof to be subject to any restrictions on
      the
      ownership, occupancy, transferability or use of such property under any
      Environmental Laws;

     

    (e)  of
      any other
      litigation or proceeding affecting Holdings or any of its Subsidiaries which
      Holdings would be required to report to the SEC pursuant to the Exchange Act,
      within four (4) days after reporting the same to the SEC;

     

    (f)  of
      the occurrence
      of any of the following events affecting Holdings or any ERISA Affiliate (but
      in
      no event more than ten (10) days after such event), and deliver to the
      Administrative Agent and each Lender a copy of any notice with respect to such
      event that is filed with a Governmental Authority and any notice delivered
      by a
      Governmental Authority to Holdings or any ERISA Affiliate with respect to such
      event:

     

    (i)  an
      ERISA
      Event;

     

    (ii)  a
      material increase
      in the Unfunded Pension Liability of any Pension Plan;

     

    (iii)  the
      adoption of, or
      the commencement of contributions to, any Plan subject to section 412 of the
      Code by Holdings or any ERISA Affiliate; or

     

    (iv)  the
      adoption of any
      amendment to a Plan subject to section 412 of the Code, if such amendment
      results in a material increase in contributions or Unfunded Pension
      Liability;

     

    
      
        
        

      

      
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    (g)  of
      any material
      change in accounting policies or financial reporting practices by Holdings
      or
      any of its consolidated Subsidiaries;

     

    (h)  upon
      the request
      from time to time of the Administrative Agent or any Lender, the Swap
      Termination Values, together with a description of the method by which such
      amounts were determined, relating to any then-outstanding Swap Contracts to
      which Holdings or any of its Subsidiaries is party;

     

    (i)  the
      occurrence of
      any Event of Loss exceeding $5,000,000;

     

    (j)  of
      the entry by
      Holdings into any Specified Swap Contract, together with the details thereof;
      and

     

    (k)  of
      the occurrence
      of any default, event of default, termination event or other event under any
      Specified Swap Contract that after the giving of notice, passage of time or
      both, would permit either counterparty to such Specified Swap Contract to
      terminate early any or all trades relating to such contract.

     

    Each
      notice under
      this Section 7.03
      shall be
      accompanied by a written statement by a Responsible Officer of Holdings setting
      forth details of the occurrence referred to therein, and stating what action
      Holdings or any affected Subsidiary proposes to take with respect thereto and
      at
      what time.  Each notice under Section 7.03(a)
      shall describe
      with particularity any and all clauses or provisions of this Agreement or other
      Loan Document that have been (or foreseeably will be) breached or
      violated.

     

    7.04  Preservation
      of
      Corporate Existence, Etc.  Holdings
      shall, and
      shall cause each Subsidiary to, except in connection with transactions permitted
      by Section 8.03
      and sales of
      assets permitted by Section 8.02:

     

    (a)  preserve
      and
      maintain in full force and effect its (i) legal existence and
      (ii) good standing under the laws of its state or jurisdiction of
      incorporation or formation;

     

    (b)  preserve
      and
      maintain in full force and effect all governmental rights, privileges,
      qualifications, permits, licenses and franchises necessary or desirable in
      the
      normal conduct of its business;

     

    (c)  use
      reasonable
      efforts, in the ordinary course of business, to preserve its business
      organization and goodwill; and

     

    (d)  preserve
      or renew
      all of its registered patents, trademarks, trade names and service marks, the
      non preservation of which could reasonably be expected to have a Material
      Adverse Effect.

     

    7.05  Maintenance
      of
      Property.  Holdings
      shall, and shall cause each Subsidiary to, maintain, and preserve all its
      property which is used or useful in its business in good repair and condition,
      and from time to time make necessary repairs, renewals and replacements thereto
      so that its property shall be fully and efficiently preserved and maintained
      consistent with Holdings’ or such Subsidiary’s past practice.

     

    
      
        
        

      

      
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    7.06  Insurance.  In
      addition to insurance requirements set forth in the Collateral Documents,
      Holdings shall maintain, and shall cause each Subsidiary to maintain, with
      financially sound and reputable independent insurers, insurance with respect
      to
      its properties and business against loss or damage of the kinds customarily
      insured against by Persons engaged in the same or similar business, of such
      types and in such amounts as are customarily carried under similar circumstances
      by such other Persons, including workers’ compensation insurance, public
      liability and property and casualty insurance.  All such insurance
      shall name the Administrative Agent as loss payee/mortgagee and as additional
      insured, for the benefit of the Lenders, as their interests may
      appear.  All casualty and key man insurance maintained by Holdings
      shall name the Administrative Agent as loss payee and all liability insurance
      shall name the Administrative Agent as additional insured for the benefit of
      the
      Lenders, as their interests may appear.  Upon the request of
      the
      Administrative Agent or any Lender, Holdings shall furnish the Administrative
      Agent, with sufficient copies for each Lender, at reasonable intervals (but
      not
      more than once per calendar year) a certificate of a Responsible Officer of
      Holdings (and, if requested by the Administrative Agent, any insurance broker
      of
      Holdings) setting forth the nature and extent of all insurance maintained by
      Holdings and its Subsidiaries in accordance with this Section 7.06
      or any Collateral
      Documents (and which, in the case of a certificate of a broker, were placed
      through such broker).

     

    7.07  Payment
      of
      Obligations.  Holdings
      shall, and shall cause each of its Subsidiaries to, pay and discharge as the
      same shall become due and payable, all their respective obligations and
      liabilities, including:

     

    (a)  all
      tax
      liabilities, assessments and governmental charges or levies upon it or its
      properties or assets, unless the same are being contested in good faith by
      appropriate proceedings and adequate reserves in accordance with GAAP are being
      maintained by Holdings or such Subsidiary;

     

    (b)  all
      lawful claims
      which, if unpaid, would by law become a Lien upon its property not constituting
      a Permitted Lien; and

     

    (c)  all
      Indebtedness,
      as and when due and payable, but subject to any subordination provisions
      contained in any instrument or agreement evidencing such Indebtedness (except
      where failure to do so would not otherwise constitute a Default or Event of
      Default hereunder).

     

    7.08  Compliance
      with
      Laws.  Holdings
      shall comply, and shall cause each Subsidiary to comply, in all material
      respects with all Requirements of Law of any Governmental Authority having
      jurisdiction over it or its business (including the Federal Fair Labor Standards
      Act), except such as may be contested in good faith or as to which a bona fide
      dispute may exist.

     

    7.09  Compliance
      with
      ERISA.  Holdings
      shall, and shall cause each of its ERISA Affiliates to: (a) maintain each Plan
      in compliance in all material respects with the applicable provisions of ERISA,
      the Code and other federal or state law; (b) cause each Plan which is qualified
      under section 401(a) of the Code to maintain such qualification; and (c) make
      all required contributions to any Plan subject to section 412 of the
      Code.

     

    
      
        
        

      

      
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    7.10  Inspection
      of
      Property and Books and Records.  (a)
      Holdings shall,
      and shall cause each Subsidiary to, maintain proper books of record and account,
      in which full, true and correct entries in conformity with GAAP consistently
      applied shall be made of all financial transactions and matters involving the
      assets and business of Holdings and such Subsidiary.  Holdings
      shall
      permit, and shall cause each Subsidiary to permit, representatives and
      independent contractors of the Administrative Agent or any Lender to visit
      and
      inspect any of their respective properties, to examine their respective
      corporate, financial, operating and other records, and make copies thereof
      or
      abstracts therefrom, and to discuss their respective affairs, finances and
      accounts with their respective directors, officers, and independent public
      accountants, all at the expense of Holdings and the Company and at such
      reasonable times during normal business hours and as often as may be reasonably
      desired, upon reasonable advance notice to Holdings; provided,
however,
      when an Event of
      Default exists the Administrative Agent or any Lender may do any of the
      foregoing at any time during normal business hours and without advance
      notice.

     

    (b)  Without
      limiting
      the generality of Section 7.10(a),
      as frequently as
      the Majority Lenders may deem appropriate, each of Holdings and the Company
      will
      provide Administrative Agent or its designee access to Holdings’ and the
      Company’s records and premises and allow such auditors or appraisers to conduct
      audits of Holdings’ and its Subsidiaries’ accounts, including accounts and
      inventory.  Holdings shall pay all reasonable fees and expenses
      of one
      such audit in any 12-month period; provided,
however,
      that during the
      existence of any Event of Default, Holdings shall pay all reasonable fees and
      expenses of each such audit.

     

    7.11  Environmental
      Laws.  (a)
      Holdings shall,
      and shall cause each Subsidiary to, conduct its operations and keep and maintain
      its property in compliance with all Environmental Laws. 

     

    (b)  Upon
      the written
      request of the Administrative Agent or any Lender, Holdings shall submit and
      cause each of its Subsidiaries to submit, to the Administrative Agent with
      sufficient copies for each Lender, at Holdings’ sole cost and expense, at
      reasonable intervals, a report providing an update of the status of any
      environmental, health or safety compliance, hazard or liability issue identified
      in any notice or report required pursuant to Section 7.03(d),
      that could,
      individually or in the aggregate, result in liability in excess of
      $1,000,000.

     

    7.12  Use
      of
      Proceeds.  Holdings
      shall, directly or indirectly, use the proceeds of the Loans (i) for
      Permitted Acquisitions, (ii) for making Investments permitted under
      Section 8.04,
      (iii) to
      refinance existing Indebtedness and (iv) for working capital and other
      general corporate purposes not in contravention of any Requirement of Law or
      of
      any Loan Document.

     

    7.13  Additional
      Guarantors.  (a)
      If a Minority
      Investment or Subsidiary shall at any time after the Effective Date become
      a
      U.S. Wholly-Owned Subsidiary, or if Holdings, or any U.S. Wholly-Owned
      Subsidiary of Holdings, otherwise shall incorporate, create or acquire any
      U.S.
      Wholly-Owned Subsidiary, Holdings shall cause such U.S. Wholly-Owned Subsidiary
      to furnish promptly, but in no event more than thirty (30) days thereafter,
      each
      of the following to the Administrative Agent, in sufficient quantities for
      each
      Lender:

     

    
      
        
        

      

      
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    (i)  a
      duly executed
      notice and agreement in substantially the form of Exhibit
      G
      (an “Additional
      Guarantor Assumption Agreement”);

     

    (ii)  (A)
      copies of the
      resolutions of the board of directors (or equivalent governing body) of such
      Subsidiary approving and authorizing the execution, delivery and performance
      by
      such Subsidiary of its Additional Guarantor Assumption Agreement and this
      Agreement, certified as of the date of such Additional Guarantor Assumption
      Agreement (the “Additional
      Guarantor Accession Date”)
      by the Secretary
      or an Assistant Secretary (or other appropriate officer) of such Subsidiary;
      (B)
      a certificate of the Secretary or Assistant Secretary (or other appropriate
      officer) of such Subsidiary certifying the names and true signatures of the
      officers of such Subsidiary authorized to execute and deliver and perform,
      as
      applicable, its Additional Guarantor Assumption Agreement, this Agreement and
      all other Loan Documents to be delivered hereunder; (C) copies of the articles
      or certificate of incorporation and bylaws (or other applicable Organization
      Documents) of such Subsidiary as in effect on the Additional Guarantor Accession
      Date, certified by the Secretary or Assistant Secretary (or other appropriate
      officer) of such Subsidiary as of the Additional Guarantor Accession Date;
      and
      (D) an opinion of counsel to such Subsidiary and addressed to the Administrative
      Agent and the Lenders, substantially in the form of Exhibit H;
      and 

     

    (iii)  (A)
      such amendments
      to the schedules to the Security Agreement as shall be required in connection
      with the accession of such Subsidiary thereto; (B) executed UCC-1 financing
      statements furnished by the Administrative Agent in each jurisdiction in which
      such filing is necessary to perfect the security interest of the Administrative
      Agent on behalf of the Lenders in the Collateral of such Subsidiary and in
      which
      the Administrative Agent requests that such filing be made, and (C) if requested
      by the Administrative Agent, such Mortgages and other documents as may be
      required to create and perfect a Lien in the interests of such Subsidiary in
      any
      real property and such title insurance policies and other documents as the
      Administrative Agent or the Majority Lenders may reasonably request in
      connection therewith.

     

    (b)  Additionally,
      Holdings and such Subsidiary shall have executed and delivered to the
      Administrative Agent (in sufficient quantities for each Lender) such other
      items
      as reasonably requested by the Administrative Agent in connection with the
      foregoing, including officers’ certificates, search reports and other
      certificates and documents.

     

    7.14  Additional
      Stock
      Pledges.  If
      Holdings, directly or indirectly, incorporates, creates or acquires any
      additional Subsidiary, or if any Minority Investment shall become a Subsidiary,
      then within ten (10) days thereafter, Holdings shall (i) (A) pledge
      the
      capital stock of such additional Subsidiary to the Administrative Agent pursuant
      to the Security Agreement, if such stock is directly owned by Holdings, or
      (B)
      if such stock is owned by a Wholly-Owned Subsidiary, cause such Wholly-Owned
      Subsidiary to pledge the capital stock of such additional Subsidiary to the
      Administrative Agent pursuant to the Security Agreement, and (ii) execute
      and deliver, or cause such Wholly-Owned Subsidiary to have executed and
      delivered, to the Administrative Agent stock transfer powers executed in blank
      with signatures guaranteed as the Administrative Agent shall request, such
      UCC-1
      financing statements (as furnished by the Administrative Agent) in each
      jurisdiction in which such filing is necessary to perfect the security interest
      of the Administrative Agent in the Collateral with respect to Holdings or such
      Wholly-Owned Subsidiary, and (iii) deliver such other items as reasonably
      requested by the Administrative Agent in connection with the foregoing,
      including resolutions, incumbency and officers’ certificates, opinions of
      counsel, search reports and other certificates and documents; provided,
however,
      that if any such
      additional Subsidiary is not a U.S. Subsidiary, in no event shall more than
      65%
      of the voting capital stock (and 100% of the non-voting stock) of any such
      Subsidiary be required to be so pledged.

     

    
      
        
        

      

      
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    7.15  Environmental
      Review.  Holdings
      shall deliver to the Administrative Agent, promptly upon the granting of any
      Lien in favor of the Administrative Agent for the benefit of the Lenders from
      and after the Effective Date, with respect to any real property, an
      environmental site assessment or other environmental analysis, report or review
      with respect to any such real property in form and substance reasonably
      satisfactory to the Administrative Agent.  If any such environmental
      site assessment or other environmental analysis, report or review with respect
      to any Mortgaged Property shall indicate the presence of any Hazardous Materials
      on or in the vicinity of such Mortgaged Property or otherwise shall indicate
      any
      environmental problem with respect to such Mortgaged Property (including any
      environmental problem which may give rise to any Environmental Claim) which,
      in
      the reasonable determination of the Administrative Agent, adversely affects
      the
      value of such Mortgaged Property or causes the Administrative Agent to desire
      to
      exclude such Mortgaged Property from the Collateral, then Holdings shall, and
      shall cause its Subsidiaries to, enter into and deliver to the Administrative
      Agent one or more Mortgages in respect of additional or replacement real
      property Collateral, in form and substance reasonably satisfactory to the
      Administrative Agent, together with such title insurance policies, insurance
      endorsements, surveys, appraisals, consents, estoppels, subordination agreements
      and other documents and other instruments as the Administrative Agent shall
      reasonably request.

     

    7.16  Further
      Assurances.  (a)
      Holdings shall
      ensure that all written information, exhibits and reports furnished to the
      Administrative Agent or the Lenders do not and will not contain any untrue
      statement of a material fact and do not and will not omit to state any material
      fact or any fact necessary to make the statements contained therein not
      misleading in light of the circumstances in which made, and will promptly
      disclose to the Administrative Agent and the Lenders and correct any defect
      or
      error that may be discovered therein or in any Loan Document or in the
      execution, acknowledgement or recordation thereof.

     

    (b)  If
      at any time,
      Holdings, the Company or any other Guarantor shall become the owner of any
      real
      property having a fair market value or book value in excess of $1,000,000 that
      is located in the United States, then Holdings and the Company shall (and shall
      cause any of the other Guarantors to) promptly, and in any event within sixty
      (60) days following acquisition of such real property, enter into and deliver
      to
      the Administrative Agent a Mortgage in respect to such property, in form and
      substance reasonably satisfactory to the Administrative Agent, together with
      such title insurance policies, insurance endorsements, surveys, appraisals,
      consents, estoppels, subordination agreements and other documents and other
      instruments as the Administrative Agent or the Majority Lenders shall reasonably
      request; provided,
however,
      that Holdings,
      the Company and the Guarantors shall only be required to provide title insurance
      and/or insurance endorsements in the case of real property with an appraised
      value in excess of $1,000,000.  Schedule 6.20
      shall be deemed
      amended to include as Mortgaged Property all real property as to which a
      Mortgage is delivered to the Administrative Agent as provided in this
Section 7.16(b).

     

    
      
        
        

      

      
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    (c)  Promptly
      upon
      request by the Administrative Agent or the Majority Lenders, Holdings shall
      (and
      shall cause any Guarantor to) do, execute, acknowledge, deliver, record,
      re-record, file, re-file, register and re-register, any and all such further
      acts, deeds, conveyances, security agreements, mortgages, assignments, estoppel
      certificates, financing statements and continuations thereof, termination
      statements, notices of assignment, transfers, certificates, assurances and
      other
      instruments the Administrative Agent or such Lenders, as the case may be, may
      reasonably require from time to time in order (i) to carry out more
      effectively the purposes of this Agreement or any other Loan Document,
      (ii) to subject to the Liens created by any of the Collateral Documents
      any
      of the properties, rights or interests covered by any of the Collateral
      Documents, (iii) to perfect and maintain the validity, effectiveness
      and
      priority of any of the Collateral Documents and the Liens intended to be created
      thereby, and (iv) to better assure, convey, grant, assign, transfer,
      preserve, protect and confirm to the Administrative Agent and Lenders the rights
      granted or now or hereafter intended to be granted to the Lenders under any
      Loan
      Document or under any other document executed in connection
      therewith.

     

    7.17  Appraisals/Title
      Insurance.

     

    (a)  Holdings
      and its
      Subsidiaries shall deliver, not later than September 30, 2006, appraisals,
      in form and substance satisfactory to the Administrative Agent and the Majority
      Lenders, of each of the Mortgaged Properties.

     

    (b)  With
      respect to
      each Mortgaged Property for which an appraisal has been completed in accordance
      with clause (a) above, if such Mortgaged Property has an appraised value in
      excess of $500,000, Holdings and its Subsidiaries shall deliver to the
      Administrative Agent and the Lenders an A.L.T.A. Form B (or other form
      acceptable to the Administrative Agent and the Lenders) mortgagee policy of
      title insurance or a binder issued by a title insurance company satisfactory
      to
      the Administrative Agent and the Lenders insuring (or undertaking to insure,
      in
      the case of a binder) that the Mortgage on such Mortgaged Property creates
      and
      constitutes a valid first Lien against such Mortgaged Property in favor of
      the
      Administrative Agent, subject only to exceptions acceptable to the
      Administrative Agent and the Lenders, with such endorsements and affirmative
      insurance as the Administrative Agent or any Lenders may reasonably
      request.

     

    7.18  Intercompany
      Notes.  Holdings
      shall use commercially reasonable efforts (i) to deliver to the
      Administrative Agent, within sixty (60) days after the Effective Date, as
      Collateral for the Obligations, promissory notes in form and substance
      satisfactory to the Administrative Agent evidencing all extensions of credit
      by
      Holdings to any of its Non-Wholly-Owned Subsidiaries, which extensions of credit
      shall be secured by a first priority Lien on all of the tangible and intangible
      property of such Non-Wholly-Owned Subsidiary, and which Lien shall have been
      assigned to the Administrative Agent as Collateral for the Obligations and
      (ii) to ensure that any such promissory notes are demand notes (including
      by way of converting any notes that are not demand notes as of the Effective
      Date into demand notes by the sixtieth day thereafter).  In the
      event
      that Holdings is unable to comply with either clause of the preceding sentence,
      Holdings shall not renew or amend (including to increase the maximum available
      borrowings under) the notes with respect to extensions of credit referred to
      in
      the preceding sentence.

     

    
      
        
        

      

      
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    ARTICLE
      VIII

     

    NEGATIVE
      COVENANTS

     

    So
      long as any Lender shall have any Commitment hereunder, or any Loan or other
      Obligation shall remain unpaid or unsatisfied, or any Letter of Credit shall
      remain outstanding, unless the Majority Lenders waive compliance in
      writing:

     

    8.01  Limitation
      on
      Liens.  (a)
      Holdings shall
      not, and shall not suffer or permit any Subsidiary to, directly or indirectly,
      make, create, incur, assume or suffer to exist any Lien upon or with respect
      to
      any part of its property, whether now owned or hereafter acquired, other than
      the following (“Permitted
      Liens”):

     

    (i)  any
      Lien existing
      on the Effective Date and set forth in Schedule 8.01
      securing
      Indebtedness outstanding on such date;

     

    (ii)  any
      Lien created
      under any Loan Document;

     

    (iii)  Liens
      for taxes,
      fees, assessments or other governmental charges which are not delinquent or
      remain payable without penalty, or to the extent that non payment thereof is
      permitted by Section 7.07(a),
provided
      that no notice of
      Lien has been filed or recorded;

     

    (iv)  carriers’,
      warehousemen’s, mechanics’, landlords’, materialmen’s, repairmen’s or other
      similar Liens arising in the ordinary course of business which are not
      delinquent or which are being contested in good faith and by appropriate
      proceedings, if adequate reserves in accordance with GAAP are maintained by
      Holdings or such Subsidiary, which proceedings have the effect of preventing
      the
      forfeiture or sale of the property subject thereto;

     

    (v)  Liens
      (other than
      any Lien imposed by ERISA and other than on the Collateral) consisting of
      pledges or deposits required in the ordinary course of business in connection
      with workers’ compensation, unemployment insurance and other social security
      legislation;

     

    (vi)  Liens
      securing (A)
      the non-delinquent performance of bids, trade contracts (other than for borrowed
      money), leases (other than Capital Leases), statutory obligations, (B)
      contingent obligations on surety and appeal bonds, and (C) other non-delinquent
      obligations of a like nature; in each case, incurred in the ordinary course
      of
      business, provided
      all such Liens in
      the aggregate would not (even if enforced) cause a Material Adverse
      Effect;

     

    (vii)  Liens
      (other than
      Liens on the Collateral) consisting of judgment or judicial attachment liens,
      provided
      that the
      enforcement of such Liens is effectively stayed and all such Liens in the
      aggregate at any time outstanding for Holdings and its Subsidiaries do not
      exceed $1,000,000;

     

    (viii)  easements,
      rights
      of way, restrictions and other similar encumbrances incurred in the ordinary
      course of business which, in the aggregate, are not substantial in amount,
      and
      which do not in any case materially detract from the value of the property
      subject thereto or interfere with the ordinary conduct of the businesses of
      Holdings and its Subsidiaries;

     

    
      
        
        

      

      
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    (ix)  Liens
      on specific
      tangible assets of Persons which become Subsidiaries after the date of this
      Agreement; provided,
however,
      that (A) such
      Liens existed at the time the respective Persons became Subsidiaries and were
      not created in anticipation thereof, (B) any such Lien does not by its terms
      cover any assets after the time such Person becomes a Subsidiary which were
      not
      covered immediately prior thereto, (C) any such Lien does not by its terms
      secure any Indebtedness other than Indebtedness existing immediately prior
      to
      the time such Person becomes a Subsidiary, and (D) such Indebtedness is
      permitted by Section 8.05(d);

     

    (x)  purchase
      money
      Liens on any property acquired or held by Holdings or its Subsidiaries in the
      ordinary course of business, securing Indebtedness incurred or assumed for
      the
      purpose of financing all or any part of the cost of acquiring such property;
      provided
      that (i) any
      such Lien attaches to such property concurrently with or within twenty (20)
      days
      after the acquisition thereof, (ii) such Lien attaches solely to the
      property so acquired in such transaction, (iii) the principal amount
      of the
      Indebtedness secured thereby does not exceed 100% of the cost of such property,
      and (iv) such Indebtedness is permitted under Section 8.05(d);

     

    (xi)  Liens
      securing
      obligations in respect of Capital Leases on assets subject to such leases,
      provided
      that such Capital
      Leases are otherwise permitted hereunder;

     

    (xii)  Liens
      arising
      solely by virtue of any statutory or common law provision relating to banker’s
      liens, rights of set-off or similar rights and remedies as to deposit accounts
      or other funds maintained with a creditor depository institution; provided
      that (A) such
      deposit account is not a dedicated cash collateral account and is not subject
      to
      restrictions against access by Holdings in excess of those set forth by
      regulations promulgated by the FRB, and (B) such deposit account is
      not
      intended by Holdings or any Subsidiary to provide collateral to the depository
      institution;

     

    (xiii)  Liens
      consisting of
      pledges of cash collateral or government securities to secure on a
      mark-to-market basis Permitted Swap Obligations only, provided
      that (A) the
      counterparty to any Swap Contract relating to such Permitted Swap Obligation
      is
      under a similar requirement to deliver similar collateral from time to time
      to
      Holdings or the Subsidiary party thereto on a mark-to-market basis; and (B)
      the
      aggregate value of such collateral so pledged by Holdings and the Subsidiaries
      together in favor of any counterparty does not at any time exceed
      $3,000,000;

     

    (xiv)  Liens
      not otherwise
      permitted hereunder securing Indebtedness in principal amount not exceeding
      $5,000,000 in the aggregate at any time outstanding; provided
      that (A) no such
      Lien shall attach to any Collateral and (B) such Indebtedness is otherwise
      permitted hereunder; and

     

    (xv)  Liens
      on the
      property of direct and indirect Non-Wholly-Owned Subsidiaries of Holdings in
      favor of Holdings created in connection with extensions of credit provided
      by
      Holdings to Non-Wholly-Owned Subsidiaries as permitted pursuant to Section 8.04(d),
      which Liens have
      been assigned to the Administrative Agent for the benefit of the Lenders
      pursuant to Section 8.04(d).

     

    
      
        
        

      

      
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    (b)  Holdings
      shall not,
      and shall not permit any of its Subsidiaries to, enter into or suffer to exist
      any agreement (other than this Agreement) prohibiting or conditioning the
      creation or assumption of any Lien upon any of its properties, revenues or
      assets, whether now owned or hereafter acquired.

     

    Notwithstanding
      the
      foregoing, no other Liens may exist at any time on or with respect to the
      Pledged Collateral.

     

    8.02  Disposition
      of
      Assets.  Holdings
      shall not, and shall not suffer or permit any Subsidiary to, directly or
      indirectly, sell, assign, lease, convey, transfer or otherwise dispose of
      (whether in one or a series of transactions) any property (including accounts
      and notes receivable, with or without recourse) or enter into any agreement
      to
      do any of the foregoing, except:

     

    (a)  dispositions
      of
      inventory or equipment, all in the ordinary course of business; 

     

    (b)  the
      sale of
      equipment to the extent that such equipment is exchanged for credit against
      the
      purchase price of similar replacement equipment, or the proceeds of such sale
      are reasonably promptly applied to the purchase price of such replacement
      equipment; 

     

    (c)  dispositions
      of
      inventory and equipment by the Company or any Subsidiary to the Company or
      any
      Subsidiary pursuant to reasonable business requirements and in the ordinary
      course of business;

     

    (d)  the
      lease or
      sublease of real property by Holdings or any Subsidiary to other Persons in
      the
      ordinary course of business;

     

    (e)  the
      sale of cash
      equivalents and other short term money market investments in the ordinary course
      of business pursuant to Holdings’ usual and customary cash management policies
      and procedures;

     

    (f)  dispositions
      of
      inventory and equipment (other than dispositions permitted under subsection
      (a))
      by Holdings or any Subsidiary to any Person in which Holdings has a Minority
      Investment, provided
      that the aggregate
      amount of such dispositions in any calendar year, plus
      the aggregate
      amount of Minority Investments under Section 8.04(e)
      in such year, does
      not exceed the sublimit of the Annual Limit specified in Section 8.04(e);

     

    (g)  dispositions
      pursuant to sales and leaseback transactions permitted under Section 8.14;
      and

     

    
      
        
        

      

      
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    (h)  dispositions
      not
      otherwise permitted hereunder which are made for fair market value (as
      determined in good faith by Holdings or the Company); provided
      that (i) at
      the time of any disposition, no Event of Default shall exist or shall result
      from such disposition, (ii)  the aggregate sales price from such
      disposition shall be paid in cash, (iii) immediately after giving effect
      to
      such disposition, the Disposition Value of all assets disposed of as permitted
      by this Section 8.02(h)
      (but excluding the
      Disposition Value of any real property so disposed of, provided
      that the proceeds
      of any such disposition are reinvested within 365 days of such disposition
      in
      similar replacement property) during the period of 365 days ending on the date
      of such proposed sale shall not exceed 15% of Consolidated Total Assets
      determined as of the last day of the prior fiscal year, (iv) no disposition
      by Holdings of any of its equity interest in the Company shall be permitted
      hereunder, and (v) no dispositions of accounts or notes receivable shall
      be
      permitted hereunder unless in connection with the sale of all or substantially
      all of a business unit, division or Subsidiary of Holdings and such sale is
      otherwise permitted hereunder.

     

    8.03  Consolidations
      and Mergers.  Holdings
      shall not, and shall not suffer or permit any Subsidiary to, merge, consolidate
      with or into, or convey, transfer, lease or otherwise dispose of (whether in
      one
      transaction or in a series of transactions) all or substantially all of its
      assets (whether now owned or hereafter acquired) to or in favor of any Person,
      except:

     

    (a)  any
      Subsidiary may
      merge with Holdings, provided
      that Holdings
      shall be the continuing or surviving Person, or with any one or more
      Subsidiaries, provided
      that if any
      transaction shall be between a Subsidiary and a Wholly-Owned Subsidiary, the
      Wholly-Owned Subsidiary shall be the continuing or surviving
      Person;

     

    (b)  as
      permitted by
Section 8.02;

     

    (c)  any
      Subsidiary may
      sell all or substantially all of its assets (upon voluntary liquidation or
      otherwise), to Holdings or to a Wholly-Owned Subsidiary; and

     

    (d)  Holdings
      or any
      Subsidiary thereof may merge with or consolidate into any other Person,
provided
      that (i) (in
      the case of Holdings) Holdings shall be the continuing or surviving Person,
      (ii) such merger or consolidation is in connection with a Permitted
      Acquisition, and (iii) no such merger or consolidation shall be made
      while
      there exists a Default or if a Default would occur as a result
      thereof.

     

    8.04  Loans
      and
      Investments.  Holdings
      shall not purchase or acquire, or suffer or permit any Subsidiary to purchase
      or
      acquire, or make any commitment therefor, any capital stock, equity interest,
      or
      any obligations or other securities of, or any interest in, any Person, or
      make
      or commit to make any Acquisitions, or make or commit to make any advance,
      loan,
      extension of credit or capital contribution to or any other investment in,
      any
      Person including any Affiliate of Holdings (together, “Investments”)
      except
      for:

     

    (a)  Investments
      held by
      Holdings or Subsidiary in the form of cash equivalents and short term money
      market investments in the ordinary course of business pursuant to Holdings’
      usual and customary cash management policies and procedures;

     

    (b)  extensions
      of
      credit in the nature of accounts receivable or notes receivable arising from
      the
      sale or lease of goods or services in the ordinary course of
      business;

     

    (c)  Investments
      in the
      equity securities of Subsidiaries, provided that such equity securities are
      pledged to the Administrative Agent and the Lenders as Collateral for the
      Obligations;

     

    
      
        
        

      

      
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    (d)  Extension
      of credit
      by Holdings to any of its Subsidiaries in the ordinary course of business;
      provided that with respect to extensions of credit by Holdings to any of its
      Non-Wholly-Owned Subsidiaries (i) such extensions of credit are evidenced
      by one or more demand promissory notes in form and substance satisfactory to
      the
      Administrative Agent, the originals of which have been delivered to the
      Administrative Agent as Collateral for the Obligations, and (ii) such
      extensions of credit are secured by a first priority Lien on all of the tangible
      and intangible property of such Non-Wholly-Owned Subsidiary, which Lien has
      been
      assigned to the Administrative Agent as Collateral for the
      Obligations;

     

    (e)  Investments
      constituting Minority Investments and Investments incurred in order to
      consummate Permitted Acquisitions, provided
      that (i) all
      such Investments in the aggregate, plus
      the aggregate
      amount of dispositions under Section 8.02(f),
      shall not exceed
      (A) from the Effective Date through December 31, 2005, $100,000,000 and (B)
      $75,000,000 in any calendar year thereafter (the “Annual
      Limit”),
      (ii) all
      such Investments constituting Minority Investments, plus
      the aggregate
      amount of dispositions under Section 8.02(f),
      do not exceed a
      sublimit of $25,000,000 in any calendar year exclusive of any Put Obligations,
      provided,
however,
      that to the
      extent any Put Obligations are exercised, the amount so exercised shall be
      included for the year in which such Put Obligation was exercised, (iii) no
      such Investment shall be made if the Person that is the subject of such
      Investment is located outside the United States, and (iv) on and after
      the
      effectiveness of any Investment, Holdings shall not be in violation of any
      of
      the financial covenants contained in Section 8.19
      hereof;

     

    (f)  Investments
      constituting Permitted Swap Obligations or payments or advances under Swap
      Contracts relating to Permitted Swap Obligations;

     

    (g)  Officer,
      shareholder, director and employee loans and guarantees in accordance with
      applicable law and with Holdings’ and its Subsidiaries’ usual and customary
      practices with respect thereto in aggregate amount not exceeding $1,000,000
      at
      any time; and

     

    (h)  Investments
      by
      Holdings in BMC Insurance, Inc. in an amount not to exceed the amount needed
      to
      satisfy actuarial requirements as determined by the Insurance Commissioner
      of
      the State of Hawaii and in any event which do not exceed $5,000,000 in the
      aggregate after the Effective Date (and in addition to any premiums paid in
      accordance with Section 8.06).

     

    8.05  Limitation
      on
      Indebtedness.  Holdings
      shall not, and shall not suffer or permit any Subsidiary to, create, incur,
      assume, suffer to exist, or otherwise become or remain directly or indirectly
      liable with respect to, any Indebtedness, except:

     

    (a)  Indebtedness
      incurred pursuant to this Agreement;

     

    (b)  Indebtedness
      consisting of Contingent Obligations permitted pursuant to Section 8.08;

     

    (c)  Indebtedness
      existing on the Effective Date and set forth in Schedule
      8.05;

     

    (d)  Indebtedness
      secured by Liens permitted by clauses (ix), (x) and (xiv) of
      Section 8.01(a)
      in an aggregate
      amount outstanding not to exceed $25,000,000;

     

    
      
        
        

      

      
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    (e)  Indebtedness
      of
      Holdings or Wholly-Owned Subsidiaries of Holdings to Holdings or other
      Wholly-Owned Subsidiaries of Holdings;

     

    (f)  Indebtedness
      of the
      Non-Wholly Owned Subsidiaries of Holdings to Holdings to the extent permitted
      pursuant to Section 8.04(d)
      or Indebtedness of
      Holdings to the Non-Wholly-Owned Subsidiaries of Holdings;

     

    (g)  Indebtedness
      incurred pursuant to sales and leaseback transactions permitted under
Section 8.14;

     

    (h)  Indebtedness
      of BMC
      Insurance, Inc. to Holdings or any Subsidiary of Holdings;

     

    (i)  additional
      unsecured Indebtedness incurred after the Effective Date in an aggregate amount
      not to exceed $25,000,000, provided
      that (i) no
      such Indebtedness shall be incurred while there exists a Default or if a Default
      would occur as a result thereof, and (ii) without limiting the generality
      of the foregoing, as of the end of the most recent quarter for which Holdings
      has delivered financial statements under Section 7.01(a)
      or Section 7.01(b)
      and immediately
      after giving effect to such incurrence, Holdings shall be in full pro forma
      compliance with
Section 8.19(a),
Section 8.19(b)
      and Section 8.19(c);
      and

     

    (j)  additional
      Indebtedness which by its terms is expressly subordinated to the Obligations,
      provided
      that (i) the
      terms of such subordination shall be satisfactory to the Majority Lenders,
      (ii) the terms of such Indebtedness and the indenture or other agreement
      evidencing such Indebtedness otherwise shall be satisfactory in all material
      respects to the Majority Lenders (including terms and conditions relating to
      the
      interest rate, fees, amortization, maturity, covenants, events of default and
      remedies), (iii) no such Indebtedness shall be incurred while there
      exists
      a Default or if a Default would occur as a result thereof, and (iv) without
      limiting the generality of the foregoing, as of the end of the most recent
      quarter for which Holdings has delivered financial statements under Section 7.01(a)
      or Section 7.01(b)
      and
      immediately
      after giving effect to such incurrence, Holdings shall be in full pro forma
      compliance
      with
Section 8.19(a),
Section 8.19(b)
      and Section 8.19(c)
      (any
      such
      Indebtedness issued in compliance with this Section 8.05(j)
      hereinafter
“Permitted
      Subordinated Debt”).

     

    Notwithstanding
      anything to the contrary in this Section 8.05,
      the Indebtedness
      of all Subsidiaries that are not Guarantors which is otherwise permitted under
      this Section 8.05
      shall not exceed
      $5,000,000 in the aggregate at any time outstanding.

     

    8.06  Transactions
      with Affiliates.  Holdings
      shall not, and shall not suffer or permit any Subsidiary to, enter into any
      transaction with any Affiliate of Holdings, except upon fair and reasonable
      terms no less favorable to Holdings or such Subsidiary than would obtain in
      a
      comparable arm’s length transaction with a Person not an Affiliate of Holdings
      or such Subsidiary.

     

    8.07  Use
      of
      Proceeds.  Holdings
      shall not, and shall not suffer or permit any Subsidiary to, use any portion
      of
      the Loan proceeds or any Letter of Credit, directly or indirectly, (i) to
      purchase or carry Margin Stock, (ii) to repay or otherwise refinance
      indebtedness of Holdings or others incurred to purchase or carry Margin Stock,
      or (iii) to extend credit for the purpose of purchasing or carrying
      any
      Margin Stock.

     

    
      
        
        

      

      
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    8.08  Contingent
      Obligations.  Holdings
      shall not, and shall not suffer or permit any Subsidiary to, create, incur,
      assume or suffer to exist any Contingent Obligations, except:

     

    (a)  endorsements
      for
      collection or deposit in the ordinary course of business;

     

    (b)  Permitted
      Swap
      Obligations;

     

    (c)  Contingent
      Obligations of Holdings in respect of Indebtedness of any of its Wholly-Owned
      Subsidiaries, or Contingent Obligations of any of its Wholly-Owned Subsidiaries
      in respect of Indebtedness of another of its Wholly-Owned Subsidiaries or of
      Holdings, in each case to the extent such Indebtedness is permitted
      hereunder;

     

    (d)  Contingent
      Obligations of Holdings and its Subsidiaries existing as of the Effective Date
      and listed in Schedule
      8.08;

     

    (e)  Contingent
      Obligations with respect to Surety Instruments incurred in the ordinary course
      of business and not exceeding at any time $5,000,000 in the aggregate in respect
      of Holdings and its Subsidiaries together;

     

    (f)  Contingent
      Obligations of Holdings with respect to Stock Price Guaranties incurred in
      the
      ordinary course of business and not exceeding at any time $5,000,000 in the
      aggregate; and

     

    (g)  Contingent
      Obligations of Holdings and its Subsidiaries in connection with any Put
      Obligations to the extent otherwise permitted under this Agreement.

     

    Notwithstanding
      anything to the contrary in this Section 8.08,
      the Contingent
      Obligations of all Subsidiaries that are not Guarantors which are otherwise
      permitted under this Section 8.08
      shall not exceed
      $5,000,000 in the aggregate at any time outstanding.

     

    8.09  Subsidiaries.  Holdings
      shall not, and shall not suffer or permit any Subsidiary to, incorporate, create
      or acquire any Subsidiary which is not a U.S. Subsidiary.

     

    8.10  Lease
      Obligations.  Holdings
      shall not, and shall not suffer or permit any Subsidiary to, create or suffer
      to
      exist any obligations for the payment of rent for any property under any
      Operating Lease, which exceed an aggregate amount of $20,000,000 for all
      Operating Leases in any fiscal year.

     

    8.11  Restricted
      Payments.  Holdings
      shall not, and shall not suffer or permit any Subsidiary to, declare or make
      any
      dividend payment or other distribution of assets, properties, cash, rights,
      obligations or securities on account of any shares of any class of its capital
      stock or other equity interests (other than dividends or other distributions
      by
      a Subsidiary to Holdings), or purchase, redeem or otherwise acquire for value
      any shares of its capital stock or other equity interests or any warrants,
      rights or options to acquire such shares or other equity interests, now or
      hereafter outstanding; except that Holdings may:

     

    
      
        
        

      

      
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    (a)  declare
      and make
      dividend payments or other distributions payable solely in its common
      stock;

     

    (b)  declare
      and make
      dividend payments or other distributions payable in cash so long as no Default
      has occurred and is continuing on the date of, or will result after giving
      effect to, any such payment, assuming the financial covenants set forth in
      Section 8.19
      are applied on a
      pro forma basis as of the date of any such distribution;

     

    (c)  declare
      dividends
      required to be declared or paid pursuant to the terms of any securities issued
      in a Permitted Equity Offering so long as the dividend provisions of such
      securities were approved by the Majority Lenders in writing prior to the
      issuance of such securities;

     

    (d)  purchase,
      redeem or
      otherwise acquire shares of its common stock or warrants or options to acquire
      any such shares with the proceeds received from the substantially concurrent
      issue of new shares of its common stock;

     

    (e)  allow
      any
      Non-Wholly-Owned Subsidiary to make distributions to its owners (on a
pro rata
      basis);
      and

     

    (f)  purchase
      shares of
      Holdings’ common stock either (1) for deposit into the 401(k) trust fund on
      behalf of Holdings’ employees by using funds obtained through employee payroll
      deductions of such employees, or (2) to the extent necessary to provide
      discounts to employees in connection with Holdings’ Employee Stock Purchase
      Plan.

     

    8.12  ERISA.  Holdings
      shall not, and shall not suffer or permit any of its ERISA Affiliates to: (a)
      engage in a prohibited transaction or violation of the fiduciary responsibility
      rules with respect to any Plan which has resulted or could reasonably expected
      to result in liability of Holdings in an aggregate amount in excess of $500,000;
      or (b) engage in a transaction that could be subject to section 4069 or 4212(c)
      of ERISA.

     

    8.13  Capital
      Expenditures.  Holdings
      shall not, and shall not permit any of its Subsidiaries to, make any Capital
      Expenditures in excess of, on a consolidated basis, in any fiscal year, the
      sum
      of (a) the Capital Expenditure Annual Limit plus
      (b) so long as no
      Event of Default has occurred and is continuing, the Permitted Capital
      Expenditure Carry-Forward for all prior fiscal years (beginning with fiscal
      year
      2005) to the extent that any such Permitted Capital Expenditure Carry-Forward
      has not been previously used.

     

    8.14  Sales
      and
      Leasebacks.  Holdings
      shall not, and shall not permit any of its Subsidiaries to, become liable,
      directly or indirectly, with respect to any lease, whether an Operating Lease
      or
      a Capital Lease, of any property (whether real, personal or mixed), whether
      now
      owned or hereafter acquired, (i) which Holdings or such Subsidiary has
      sold
      or transferred or is to sell or transfer to any other Person or (ii) which
      Holdings or such Subsidiary intends to use for substantially the same purposes
      as any other property which has been or is to be sold or transferred by Holdings
      or such Subsidiary to any other Person in connection with such lease;
provided
      that Holdings and
      any of its Subsidiaries may enter into any such lease if (A) no Default shall
      then exist or would occur as a result thereof, (B) as of the end of the most
      recent quarter for which Holdings has delivered financial statements under
      Section 7.01(a)
      or Section 7.01(b)
      and immediately
      after giving effect to any such lease, Holdings shall be in full pro forma
      compliance with
Section 8.19(a),
Section 8.19(b)
      and Section 8.19(c)
      and (C) the
      aggregate amount of Indebtedness incurred in connection with all such leases
      shall not exceed $25,000,000 at any time outstanding.

     

    
      
        
        

      

      
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    8.15  Certain
      Payments.  Holdings
      shall not, and shall not permit any of its Subsidiaries to, (i) prepay,
      redeem, repurchase or otherwise acquire for value any of the Permitted
      Subordinated Debt; or (ii) make any principal, interest or other payments
      on any Permitted Subordinated Debt if not permitted by the respective
      subordination provisions of the Subordinated Debt Documents.

     

    8.16  Modification
      of
      Subordinated Debt Documents.  Holdings
      shall not, and shall not permit any of its Subsidiaries to, agree to or permit
      any amendment, modification or waiver of any provision of any Subordinated
      Debt
      Document (including any amendment, modification or waiver pursuant to an
      exchange of other securities or instruments for outstanding Permitted
      Subordinated Debt) if the effect of such amendment, modification or waiver
      is to
      (i) increase the interest rate on such Permitted Subordinated Debt or
      change (to earlier dates) the dates upon which principal and interest are due
      thereon; (ii) alter the redemption, prepayment or subordination provisions
      thereof; (iii) alter the covenants and events of default in a manner
      which
      would make such provisions more onerous or restrictive to Holdings or such
      Subsidiary; or (iv) otherwise increase the obligations of Holdings or
      such
      Subsidiary in respect of such Permitted Subordinated Debt or confer additional
      rights upon the holders thereof which individually or in the aggregate would
      be
      adverse to Holdings, its Subsidiaries or the Lenders.

     

    8.17  Change
      in
      Business.  Holdings
      shall not, and shall not suffer or permit any Subsidiary to, engage in any
      material line of business substantially different from those lines of business
      carried on by Holdings and its Subsidiaries on the date hereof and lines of
      business ancillary thereto.

     

    8.18  Accounting
      Changes.  Holdings
      shall not, and shall not suffer or permit any Subsidiary to, make any
      significant change in accounting treatment or reporting practices, except as
      required by GAAP, or change the fiscal year of Holdings or of any Subsidiary,
      except to change the fiscal year of a Subsidiary to conform its fiscal year
      to
      that of Holdings.

     

    8.19  Financial
      Covenants.  (a)
      Holdings shall not
      permit its Consolidated Net Worth as of the last day of any fiscal quarter
      to be
      less than (a) 85% of its Consolidated Net Worth on and as of the Effective
      Date,
plus
      (b) 50% of
      Consolidated Net Income for each fiscal quarter (without giving effect to any
      net loss for any such period) ending after the Effective Date, plus
      (c) 50% of all Net
      Issuance Proceeds (exclusive of proceeds of any Loans) completed in any fiscal
      quarter from and after the Effective Date.

     

    (b)  Holdings
      shall not
      permit as at the end of any fiscal quarter, measured on a consolidated basis
      for
      Holdings and its Subsidiaries for the period of four fiscal quarters ended
      on
      such date in accordance with GAAP, the ratio of (i) EBITA to (ii) the
      sum of (A) cash Interest Expense, plus
      (B) cash taxes,
plus
      (C) scheduled
      principal payments in respect of Indebtedness, plus
      (D) cash dividend
      payments made (the “EBITA
      Ratio”)
      to be less than
      the following amounts for the respective periods set forth below:

     

    
      
        
        

      

      
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              Period

            	 	
              EBITA
                Ratio

            	 
	 	 	 	 	 
	 	
              Effective
                Date through and
including June 30, 2007

               

            	 	
              1.25:1.00

               

            	 
	 	
              July
                1, 2007
                through and including
June 30, 2009

               

            	 	
              1.35:1.00

               

            	 
	 	
              July
                1, 2009
                and thereafter

               

            	 	
              1.45:1.00

               

            	 

    

     

    (c) Holdings
      shall not
      permit the EBITDA Ratio at any time to be greater than the following amounts
      for
      the respective periods set forth below:

     

    
      	 	
              Period

            	 	
              EBITDA
                Ratio

            	 
	 	 	 	 	 
	 	
              Effective
                Date through and
including June 30, 2007

               

            	 	
              3.50:1.00

               

            	 
	 	
              July
                1, 2007
                through and including
June 30, 2009

               

            	 	
              3.25:1.00

               

            	 
	 	
              July
                1, 2009
                and thereafter

               

            	 	
              3.00:1.00

               

            	 

    

     

    8.20  No
      Restrictions
      on Subsidiary Dividends.  Holdings
      shall not, and shall not suffer or permit any Subsidiary to, enter into or
      be
      bound by any Contractual Obligation which restricts, limits or prohibits the
      payment of dividends by any Subsidiary or the making of any other distribution
      in respect of such Subsidiary’s capital stock or other equity
      interests.

     

    ARTICLE
      IX

     

    EVENTS
      OF DEFAULT

     

    9.01  Event
      of
      Default.  Any
      of
      the following shall constitute an “Event
      of
      Default”:

     

    (a)  Non
      Payment.  Holdings
      fails to make, (i) when and as required to be made herein, payments
      of any
      amount of principal of any Loan or of any L/C Obligation, (ii) when
      and as
      required to be paid under any Specified Swap Contract, any payment or transfer
      under such Specified Swap Contract, or (iii) within three (3) Business
      Days
      after the same becomes due, payment of any interest, fee or any other amount
      payable hereunder or under any other Loan Document (other than a Specified
      Swap
      Contract); or

     

    (b)  Representation
      or Warranty.  Any
      representation or warranty by any Loan Party made or deemed made herein, in
      any
      other Loan Document (other than a Specified Swap Contract), or which is
      contained in any certificate, document or financial or other statement by any
      Loan Party, or any Responsible Officer, furnished at any time under this
      Agreement, or in or under any other Loan Document (other than a Specified Swap
      Contract), is incorrect in any material respect on or as of the date made or
      deemed made; or

     

    
      
        
        

      

      
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    (c)  Specific
      Defaults.  Holdings
      or the Company fails to perform or observe any term, covenant or agreement
      contained in any of Section 7.04(a)(i),
      or Section 7.12
      or in Article
      VIII;
      or 

     

    (d)  Other
      Defaults.  Any
      Loan Party fails to perform or observe any other term or covenant contained
      in
      this Agreement or any other Loan Document (other than a Specified Swap
      Contract), and such default shall continue unremedied for a period of twenty
      (20) days after the earlier of (i) the date upon which a Responsible
      Officer of Holdings or the Company obtained actual knowledge of such failure
      and
      (ii) the date upon which written notice thereof is given to Holdings
      by the
      Administrative Agent or any Lender; or

     

    (e)  Cross
      Default.  (i) Holdings
      or any Subsidiary (A) fails to make any payment in respect of any Indebtedness
      or Contingent Obligation (other than in respect of Swap Contracts), having
      an
      aggregate principal amount (including undrawn committed or available amounts
      and
      including amounts owing to all creditors under any combined or syndicated credit
      arrangement) of more than $5,000,000 when due (whether by scheduled maturity,
      required prepayment, acceleration, demand, or otherwise) and such failure
      continues after the applicable grace or notice period, if any, specified in
      the
      relevant document on the date of such failure; or (B) fails to perform or
      observe any other condition or covenant, or any other event shall occur or
      condition exist, under any agreement or instrument relating to any such
      Indebtedness or Contingent Obligation, and such failure continues after the
      applicable grace or notice period, if any, specified in the relevant document
      on
      the date of such failure if the effect of such failure, event or condition
      is to
      cause, or to permit the holder or holders of such Indebtedness or beneficiary
      or
      beneficiaries of such Indebtedness (or a trustee or Administrative Agent on
      behalf of such holder or holders or beneficiary or beneficiaries) to cause
      such
      Indebtedness to be declared to be due and payable prior to its stated maturity,
      or such Contingent Obligation to become payable or cash collateral in respect
      thereof to be demanded; or (ii) there occurs under any Swap Contract
      an
      Early Termination Date (as defined in such Swap Contract) resulting from (1)
      any
      event of default under such Swap Contract as to which Holdings or any Subsidiary
      is the Defaulting Party (as defined in such Swap Contract) or (2) any
      Termination Event (as so defined) as to which Holdings or any Subsidiary is
      an
      Affected Party (as so defined), and, in either event, the Swap Termination
      Value
      owed by Holdings or such Subsidiary as a result thereof is greater than
      $5,000,000; or

     

    (f)  Insolvency;
      Voluntary Proceedings.  Holdings
      or any Subsidiary (i) ceases or fails to be solvent, or generally fails
      to
      pay, or admits in writing its inability to pay, its debts as they become due,
      subject to applicable grace periods, if any, whether at stated maturity or
      otherwise; (ii) voluntarily ceases to conduct its business in the ordinary
      course; (iii) commences any Insolvency Proceeding with respect to itself;
      or (iv) takes any action to effectuate or authorize any of the foregoing;
      or

     

    
      
        
        

      

      
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    (g)  Involuntary
      Proceedings.  (i) Any
      involuntary Insolvency Proceeding is commenced or filed against Holdings or
      any
      Subsidiary, or any writ, judgment, warrant of attachment, execution or similar
      process, is issued or levied against a substantial part of Holdings’ or any
      Subsidiary’s properties, and any such proceeding or petition shall not be
      dismissed, or such writ, judgment, warrant of attachment, execution or similar
      process shall not be released, vacated or fully bonded within sixty (60) days
      after commencement, filing or levy; (ii) Holdings or any Subsidiary
      admits
      the material allegations of a petition against it in any Insolvency Proceeding,
      or an order for relief (or similar order under non-U.S. law) is ordered in
      any
      Insolvency Proceeding; or (iii) Holdings or any Subsidiary acquiesces
      in
      the appointment of a receiver, trustee, custodian, conservator, liquidator,
      mortgagee in possession (or Administrative Agent therefor), or other similar
      Person for itself or a substantial portion of its property or business;
      or

     

    (h)  ERISA.  (i) An
      ERISA Event shall occur with respect to a Pension Plan or Multiemployer Plan
      which has resulted or could reasonably be expected to result in liability of
      Holdings under Title IV of ERISA to the Pension Plan, Multiemployer Plan or
      the
      PBGC in an aggregate amount in excess of $500,000; the aggregate amount of
      Unfunded Pension Liability among all Pension Plans at any time exceeds $500,000;
      or (ii) Holdings or any ERISA Affiliate shall fail to pay when due,
      after
      the expiration of any applicable grace period, any installment payment with
      respect to its withdrawal liability under section 4201 of ERISA under a
      Multiemployer Plan in an aggregate amount in excess of $500,000; or

     

    (i)  Monetary
      Judgments.  One
      or
      more non-interlocutory judgments, non interlocutory orders, decrees or
      arbitration awards is entered against Holdings or any Subsidiary involving
      in
      the aggregate a liability (to the extent not covered by independent third party
      insurance as to which the insurer does not dispute coverage) as to any single
      or
      related or unrelated series of transactions, incidents or conditions, of
      $5,000,000 or more, and the same shall remain unsatisfied, unvacated and
      unstayed pending appeal for a period of thirty (30) days after the entry
      thereof; or

     

    (j)  Non
      Monetary
      Judgments.  Any
      non monetary judgment, order or decree is entered against Holdings or any
      Subsidiary which does or would reasonably be expected to have a Material Adverse
      Effect, and there shall be any period of thirty (30) consecutive days during
      which a stay of enforcement of such judgment or order, by reason of a pending
      appeal or otherwise, shall not be in effect; or

     

    (k)  Change
      of
      Control.  There
      occurs any Change of Control; or

     

    (l)  Guarantor
      Defaults.  Any
      Guarantor fails in any material respect to perform or observe any term, covenant
      or agreement in its Guaranty; or any Guaranty is for any reason partially
      (including with respect to future advances) or wholly revoked or invalidated,
      or
      otherwise ceases to be in full force and effect, or such Guarantor or any other
      Person contests in any manner the validity or enforceability thereof or denies
      that it has any further liability or obligation thereunder; or any event
      described at subsections (f) or (g) of this Section 9.01
      occurs with
      respect to the Guarantor; or

     

    (m)  Invalidity
      of
      Subordination Provisions.  The
      subordination provisions applicable to the Permitted Subordinated Debt shall
      be
      for any reason revoked or invalidated, or otherwise cease to be in full force
      and effect, or the holders thereof or any other Person shall contest in any
      manner the validity or enforceability thereof or denies that it has any further
      liability or obligation thereunder, or the Indebtedness hereunder is for any
      reason subordinated or does not have the priority contemplated by this Agreement
      or such subordination provisions.

     

    
      
        
        

      

      
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    (n)  Collateral.  (i) Any
      provision of any Collateral Document shall for any reason cease to be valid
      and
      binding on or enforceable against Holdings or any Subsidiary party thereto
      or
      Holdings or any Subsidiary shall so state in writing or bring an action to
      limit
      its obligations or liabilities thereunder; or (ii) any Collateral Document
      shall for any reason (other than pursuant to the terms thereof) cease to create
      a valid security interest in the Collateral purported to be covered thereby
      or
      such security interest shall for any reason cease to be a perfected and first
      priority security interest subject only to Permitted Liens.

     

    9.02  Remedies.  At
      any
      time after the occurrence and during the continuance of any Event of Default
      (other than an Event of Default referred to in Section 9.01(f)
      or Section 9.01(g)):

     

    (a)  the
      Administrative
      Agent may or shall, upon instructions from the Majority Revolving Lenders,
      by
      written notice to Holdings (i) terminate the Revolving Commitments,
      any
      obligation of the L/C Issuer to make L/C Credit Extensions and the obligations
      of the Revolving Lenders to make Loans, (ii) require that Holdings Cash
      Collateralize the L/C Obligations in an amount equal to the then Effective
      Amount of the L/C Obligations; and/or (iii) declare all or a portion
      of the
      outstanding Obligations owed to the Revolving Lenders and payable by Holdings
      to
      be immediately due and payable without presentment, demand, protest or any
      other
      notice of any kind, all of which are hereby expressly waived, anything contained
      herein or in the Notes to the contrary notwithstanding;

     

    (b)  the
      Administrative
      Agent may or shall, upon instructions from the Majority Term A Lenders,
      by
      written notice to Holdings declare all or a portion of the outstanding
      Obligations owed to the Term A Lenders and payable by Holdings to be
      immediately due and payable without presentment, demand, protest or any other
      notice of any kind, all of which are hereby expressly waived, anything contained
      herein or in the Notes to the contrary notwithstanding; and

     

    (c)  the
      Administrative
      Agent may or shall, upon instructions from the Majority Term B Lenders,
      by
      written notice to Holdings declare all or a portion of the outstanding
      Obligations owed to the Term B Lenders and payable by Holdings to be
      immediately due and payable without presentment, demand, protest or any other
      notice of any kind, all of which are hereby expressly waived, anything contained
      herein or in the Notes to the contrary notwithstanding.

     

    Upon
      the occurrence
      or existence of any Event of Default described in Section 9.01(f)
      or 9.01(g),
      immediately and
      without notice, (1) the Revolving Commitments, any obligation of the L/C Issuer
      to make L/C Credit Extensions and the obligations of the Lenders to make Loans
      shall automatically terminate, (2) the obligation of Holdings to Cash
      Collateralize the L/C Obligations in an amount equal to the then Effective
      Amount of the L/C Obligations shall automatically become effective and (3)
      all
      outstanding Obligations payable by Holdings hereunder shall automatically become
      immediately due and payable, without presentment, demand, protest or any other
      notice of any kind, all of which are hereby expressly waived, anything contained
      herein or in the Notes to the contrary notwithstanding.  In addition
      to the foregoing remedies, upon the occurrence or existence of any Event of
      Default, the Administrative Agent may exercise any other right, power or remedy
      available to it under any of the Loan Documents or otherwise by law, either
      by
      suit in equity or by action at law, or both.

     

    
      
        
        

      

      
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    9.03  Specified
      Swap
      Contract Remedies.  Notwithstanding
      any other provision of this Article IX,
      each Swap
      Provider shall have the right, with prior notice to the Administrative Agent,
      but without the approval or consent of the Administrative Agent or the other
      Lenders, with respect to any Specified Swap Contract of such Swap Provider,
      (a)
      to declare an event of default, termination event or other similar event
      thereunder and to create an Early Termination Date (as defined in such Specified
      Swap Contract), (b) to determine net termination amounts in accordance with
      the
      terms of such Specified Swap Contracts and to set-off amounts between such
      Specified Swap Contracts, and (c) to prosecute any legal action against Holdings
      to enforce net amounts owing to such Swap Provider.

     

    ARTICLE
      X

     

    THE
      ADMINISTRATIVE AGENT

     

    10.01  Appointment
      and
      Authorization; “Administrative Agent”.  (a)
      Each Lender hereby
      irrevocably (subject to Section 10.09)
      appoints,
      designates and authorizes the Administrative Agent to take such action on its
      behalf under the provisions of this Agreement and each other Loan Document
      and
      to exercise such powers and perform such duties as are expressly delegated
      to it
      by the terms of this Agreement or any other Loan Document, together with such
      powers as are reasonably incidental thereto.  Notwithstanding
      any
      provision to the contrary contained elsewhere in this Agreement or in any other
      Loan Document, the Administrative Agent shall not have any duties or
      responsibilities, except those expressly set forth herein, nor shall the
      Administrative Agent have or be deemed to have any fiduciary relationship with
      any Lender, and no implied covenants, functions, responsibilities, duties,
      obligations or liabilities shall be read into this Agreement or any other Loan
      Document or otherwise exist against the Administrative Agent.  Without
      limiting the generality of the foregoing sentence, the use of the term
“Administrative Agent” in this Agreement with reference to the Administrative
      Agent is not intended to connote any fiduciary or other implied (or express)
      obligations arising under agency doctrine of any applicable
      law.  Instead, such term is used merely as a matter of market
      custom,
      and is intended to create or reflect only an administrative relationship between
      independent contracting parties.  

     

    (b)  The
      L/C Issuer
      shall act on behalf of the Lenders with respect to any Letters of Credit Issued
      by it and the documents associated therewith until such time and except for
      so
      long as the Administrative Agent may agree at the request of the Majority
      Lenders to act for the L/C Issuer with respect thereto; provided,
however,
      that the L/C
      Issuer shall have all of the benefits and immunities (i) provided to
      the
      Administrative Agent in this Article
      X
      with respect to any acts taken or omissions suffered by the L/C Issuer in
      connection with Letters of Credit Issued by it or proposed to be Issued by
      it
      and the application and agreements for letters of credit pertaining to the
      Letters of Credit as fully as if the term “Administrative Agent,” as used in
      this Article
      X,
      included the L/C Issuer with respect to such acts or omissions, and (ii) as
      additionally provided in this Agreement with respect to the L/C
      Issuer.

     

    
      
        
        

      

      
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    10.02  Delegation
      of
      Duties.  The
      Administrative Agent may execute any of its duties under this Agreement or
      any
      other Loan Document by or through agents, employees or attorneys in fact and
      shall be entitled to advice of counsel concerning all matters pertaining to
      such
      duties.  The Administrative Agent shall not be responsible for
      the
      negligence or misconduct of any agent or attorney in fact that it selects with
      reasonable care.

     

    10.03  Liability
      of
      Administrative Agent.  None
      of the Administrative Agent Related Persons shall (i) be liable for
      any
      action taken or omitted to be taken by any of them under or in connection with
      this Agreement or any other Loan Document or the transactions contemplated
      hereby (except for its own gross negligence or willful misconduct), or
      (ii) be responsible in any manner to any of the Lenders for any recital,
      statement, representation or warranty made by Holdings or any Subsidiary or
      Affiliate of Holdings, or any officer thereof, contained in this Agreement
      or in
      any other Loan Document, or in any certificate, report, statement or other
      document referred to or provided for in, or received by the Administrative
      Agent
      under or in connection with, this Agreement or any other Loan Document, or
      for
      the value of or title to any Collateral, or the validity, effectiveness,
      genuineness, enforceability or sufficiency of this Agreement or any other Loan
      Document, or for any failure of any Loan Party or any other party to any Loan
      Document to perform its obligations hereunder or thereunder.  No
      Administrative Agent Related Person shall be under any obligation to any Lender
      to ascertain or to inquire as to the observance or performance of any of the
      agreements contained in, or conditions of, this Agreement or any other Loan
      Document, or to inspect the properties, books or records of Holdings or any
      of
      its Subsidiaries or Affiliates.

     

    10.04  Reliance
      by
      Administrative Agent.  (a)
      The Administrative
      Agent shall be entitled to rely, and shall be fully protected in relying, upon
      any writing, resolution, notice, consent, certificate, affidavit, letter,
      telegram, facsimile, telex or telephone message, statement or other document
      or
      conversation believed by it to be genuine and correct and to have been signed,
      sent or made by the proper Person or Persons, and upon advice and statements
      of
      legal counsel (including counsel to any Loan Party), independent accountants
      and
      other experts selected by the Administrative Agent. The Administrative Agent
      shall be fully justified in failing or refusing to take any action under this
      Agreement or any other Loan Document unless it shall first receive such advice
      or concurrence of the Majority Lenders as it deems appropriate and, if it so
      requests, it shall first be indemnified to its satisfaction by the Lenders
      against any and all liability and expense which may be incurred by it by reason
      of taking or continuing to take any such action.  The Administrative
      Agent shall in all cases be fully protected in acting, or in refraining from
      acting, under this Agreement or any other Loan Document in accordance with
      a
      request or consent of the Majority Lenders, the Majority Revolving Lenders,
      the
      Majority Term A Lenders, or the Majority Term B Lenders, as the
      case
      may be, and such request and any action taken or failure to act pursuant thereto
      shall be binding upon all of the Lenders.

     

    (b)  For
      purposes of
      determining compliance with the conditions specified in Sections 5.01,
5.02
      and 5.03
      each Lender
      (including each Additional Lender) that has executed this Agreement shall be
      deemed to have consented to, approved or accepted or to be satisfied with,
      each
      document or other matter either sent (or made available) by the Administrative
      Agent to such Lender for consent, approval, acceptance or satisfaction, or
      required thereunder to be consented to or approved by or acceptable or
      satisfactory to such Lender. 

     

    
      
        
        

      

      
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    10.05  Notice
      of
      Default.  The
      Administrative Agent shall not be deemed to have knowledge or notice of the
      occurrence of any Default or Event of Default, except with respect to defaults
      in the payment of principal, interest and fees required to be paid to the
      Administrative Agent for the account of the Lenders, unless the Administrative
      Agent shall have received written notice from a Lender or any Loan Party
      referring to this Agreement, describing such Default or Event of Default and
      stating that such notice is a “notice of default.” The Administrative Agent will
      notify the Lenders of its receipt of any such notice.  The
      Administrative Agent shall take such action with respect to such Default or
      Event of Default as may be requested by the Majority Lenders in accordance
      with
Article
      IX;
provided,
however,
      that unless and
      until the Administrative Agent has received any such request, the Administrative
      Agent may (but shall not be obligated to) take such action, or refrain from
      taking such action, with respect to such Default or Event of Default as it
      shall
      deem advisable or in the best interest of the Lenders.

     

    10.06  Credit
      Decision.  Each
      Lender acknowledges that none of the Administrative Agent Related Persons has
      made any representation or warranty to it, and that no act by the Administrative
      Agent hereinafter taken, including any review of the affairs of Holdings and
      its
      Subsidiaries, shall be deemed to constitute any representation or warranty
      by
      any Administrative Agent-Related Person to any Lender.  Each
      Lender
      represents to the Administrative Agent that it has, independently and without
      reliance upon any Administrative Agent Related Person and based on such
      documents and information as it has deemed appropriate, made its own appraisal
      of and investigation into the business, prospects, operations, property,
      financial and other condition and creditworthiness of Holdings and its
      Subsidiaries, the value of and title to any Collateral, and all applicable
      bank
      regulatory laws relating to the transactions contemplated hereby, and made
      its
      own decision to enter into this Agreement and to extend credit to any Loan
      Party
      hereunder.  Each Lender also represents that it will, independently
      and without reliance upon any Administrative Agent-Related Person and based
      on
      such documents and information as it shall deem appropriate at the time,
      continue to make its own credit analysis, appraisals and decisions in taking
      or
      not taking action under this Agreement and the other Loan Documents, and to
      make
      such investigations as it deems necessary to inform itself as to the business,
      prospects, operations, property, financial and other condition and
      creditworthiness of any Loan Party.  Except for notices, reports
      and
      other documents expressly herein required to be furnished to the Lenders by
      the
      Administrative Agent, the Administrative Agent shall not have any duty or
      responsibility to provide any Lender with any credit or other information
      concerning the business, prospects, operations, property, financial and other
      condition or creditworthiness of Holdings or any Subsidiary which may come
      into
      the possession of any of the Administrative Agent Related Persons.

     

    10.07  Indemnification
      of Administrative Agent.  Whether
      or not the transactions contemplated hereby are consummated, the Lenders shall
      indemnify upon demand the Administrative Agent Related Persons (to the extent
      not reimbursed by or on behalf of the Company or Holdings and without limiting
      the obligation of the Company and Holdings to do so), in accordance with the
      Lenders’ Proportionate Shares, from and against any and all Indemnified
      Liabilities; provided,
however,
      that no Lender
      shall be liable for the payment to the Administrative Agent Related Persons
      of
      any portion of such Indemnified Liabilities to the extent they are found by
      a
      final decision of a court of competent jurisdiction to have resulted solely
      from
      such Person’s gross negligence or willful misconduct.  Without
      limitation of the foregoing, each Lender shall reimburse the Administrative
      Agent upon demand for its ratable share of any costs or out of pocket expenses
      (including Attorney Costs) incurred by the Administrative Agent in connection
      with the preparation, execution, delivery, administration, modification,
      amendment or enforcement (whether through negotiations, legal proceedings or
      otherwise) of, or legal advice in respect of rights or responsibilities under,
      this Agreement, any other Loan Document, or any document contemplated by or
      referred to herein, to the extent that the Administrative Agent is not
      reimbursed for such expenses by or on behalf of Holdings and the
      Company.  The undertaking in this Section 10.07
      shall survive the
      termination of the Commitments, the termination or expiration of all Letters
      of
      Credit, the payment of all other Obligations hereunder and the resignation
      or
      replacement of the Administrative Agent.

     

    
      
        
        

      

      
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    10.08  Administrative
      Agent in Individual Capacity.  Wells
      Fargo and its Affiliates may make loans to, issue letters of credit for the
      account of, accept deposits from, acquire equity interests in and generally
      engage in any kind of banking, trust, financial advisory, underwriting or other
      business with Holdings and its Subsidiaries and Affiliates as though Wells
      Fargo
      were not the Administrative Agent or the L/C Issuer hereunder and without notice
      to or consent of the Lenders.  The Lenders acknowledge that,
      pursuant
      to such activities, Wells Fargo or its Affiliates may receive information
      regarding Holdings or its Subsidiaries or Affiliates (including information
      that
      may be subject to confidentiality obligations in favor of Holdings or such
      Subsidiary or Affiliate) and acknowledge that the Administrative Agent shall
      be
      under no obligation to provide such information to them.  With
      respect
      to its Loans, Wells Fargo shall have the same rights and powers under this
      Agreement as any other Lender and may exercise the same as though it were not
      the Administrative Agent or the L/C Issuer.

     

    10.09  Successor
      Administrative Agent.  The
      Administrative Agent may resign as Administrative Agent upon thirty (30) days’
      notice to the Lenders.  If the Administrative Agent resigns under
      this
      Agreement, the Majority Lenders shall appoint from among the Lenders a successor
      Administrative Agent for the Lenders.  If no successor Administrative
      Agent is appointed prior to the effective date of the resignation of the
      Administrative Agent, the Administrative Agent may appoint, after consulting
      with the Lenders and Holdings, a successor Administrative Agent from among
      the
      Lenders.  Upon the acceptance of its appointment as successor
      Administrative Agent hereunder, such successor Administrative Agent shall
      succeed to all the rights, powers and duties of the retiring Administrative
      Agent and the term “Administrative Agent” shall mean such successor
      Administrative Agent and the retiring Administrative Agent’s appointment, powers
      and duties as Administrative Agent shall be terminated. After any retiring
      Administrative Agent’s resignation hereunder as Administrative Agent, the
      provisions of this Article
      X
      and Section 11.04
      and Section 11.05
      shall inure to its
      benefit as to any actions taken or omitted to be taken by it while it was
      Administrative Agent under this Agreement.  If no successor
      Administrative Agent has accepted appointment as Administrative Agent by the
      date which is thirty (30) days following a retiring Administrative Agent’s
      notice of resignation, the retiring Administrative Agent’s resignation shall
      nevertheless thereupon become effective and the Lenders shall perform all of
      the
      duties of the Administrative Agent hereunder until such time, if any, as the
      Majority Lenders appoint a successor Administrative Agent as provided for
      above.

     

    
      
        
        

      

      
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    10.10  Withholding
      Tax.  (a)
      If
      any Lender is a “foreign corporation, partnership or trust” within the meaning
      of the Code and such Lender claims exemption from, or a reduction of, U.S.
      withholding tax under sections 1441 or 1442 of the Code, such Lender agrees
      with
      and in favor of the Administrative Agent, to deliver to the Administrative
      Agent:

     

    (i)  if
      such Lender
      claims an exemption from, or a reduction of, withholding tax under a United
      States tax treaty, two properly completed and executed copies of IRS Form W-8BEN
      before the payment of any interest or fees in the first calendar year and before
      the payment of any interest or fees in each third succeeding calendar year
      during which interest or fees may be paid under this Agreement;

     

    (ii)  if
      such Lender
      claims that interest or fees paid under this Agreement is exempt from United
      States withholding tax because it is effectively connected with a United States
      trade or business of such Lender, two properly completed and executed copies
      of
      IRS Form W-8ECI before the payment of any interest or fees is due in the first
      taxable year of such Lender and in each succeeding taxable year of such Lender
      during which interest or fees may be paid under this Agreement; and

     

    (iii)  such
      other form or
      forms as may be required under the Code or other laws of the United States
      as a
      condition to exemption from, or reduction of, United States withholding
      tax.

     

    Such
      Lender agrees
      to promptly notify the Administrative Agent of any change in circumstances
      which
      would modify or render invalid any claimed exemption or reduction.

     

    (b)  If
      any Lender
      claims exemption from, or reduction of, withholding tax under a United States
      tax treaty by providing IRS Form W 8BEN and such Lender sells, assigns, grants
      a
      participation in, or otherwise transfers all or part of the Obligations of
      Holdings owing to such Lender, such Lender agrees to notify the Administrative
      Agent of the percentage amount in which it is no longer the beneficial owner
      of
      Obligations of Holdings owing to such Lender.  To the extent
      of such
      percentage amount, the Administrative Agent will treat such Lender’s IRS Form W
      8BEN as no longer valid.

     

    (c)  If
      any Lender
      claiming exemption from United States withholding tax by filing IRS Form W
      8ECI
      with the Administrative Agent sells, assigns, grants a participation in, or
      otherwise transfers all or part of the Obligations of Holdings owing to such
      Lender, such Lender agrees to undertake sole responsibility for complying with
      the withholding tax requirements imposed by sections 1441 and 1442 of the
      Code.

     

    (d)  If
      any Lender is
      entitled to a reduction in the applicable withholding tax, the Administrative
      Agent may withhold from any interest payment to such Lender an amount equivalent
      to the applicable withholding tax after taking into account such
      reduction.  However, if the forms or other documentation required
      by
      subsection (a) of this section are not delivered to the Administrative Agent,
      then the Administrative Agent may withhold from any interest payment to such
      Lender not providing such forms or other documentation an amount equivalent
      to
      the applicable withholding tax imposed by sections 1441 and 1442 of the Code,
      without reduction.

     

    
      
        
        

      

      
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    (e)  If
      the IRS or any
      other Governmental Authority of the United States or other jurisdiction asserts
      a claim that the Administrative Agent did not properly withhold tax from amounts
      paid to or for the account of any Lender (because the appropriate form was
      not
      delivered or was not properly executed, or because such Lender failed to notify
      the Administrative Agent of a change in circumstances which rendered the
      exemption from, or reduction of, withholding tax ineffective, or for any other
      reason) such Lender shall indemnify the Administrative Agent fully for all
      amounts paid, directly or indirectly, by the Administrative Agent as tax or
      otherwise, including penalties and interest, and including any taxes imposed
      by
      any jurisdiction on the amounts payable to the Administrative Agent under this
      section, together with all costs and expenses (including reasonable Attorney
      Costs).  The obligation of the Lenders under this subsection
      shall
      survive the termination of the Commitments, the termination or expiration of
      all
      Letters of Credit, the payment of all other Obligations hereunder and the
      resignation or replacement of the Administrative Agent.

     

    (f)  (i) Each
      Lender party to this Agreement as of the Effective Date represents and warrants
      to the Administrative Agent and Holdings as of the Effective Date and
      (ii) each Additional Lender party to this Agreement as of each Subsequent
      Effective Date represents and warrants to the Administrative Agent and Holdings
      as of the relevant Subsequent Effective Date, that under applicable law and
      treaties no tax is required to be withheld by Holdings or the Administrative
      Agent with respect to any payments to be made to such Lender
      hereunder.

     

    10.11  Collateral
      Matters.

     

    (a)  The
      Administrative
      Agent is authorized on behalf of all the Lenders, without the necessity of
      any
      notice to or further consent from the Lenders, from time to time to take any
      action with respect to any Collateral or the Collateral Documents which may
      be
      necessary to perfect and maintain perfected the security interest in and Liens
      upon the Collateral granted pursuant to the Collateral Documents.

     

    (b)  The
      Lenders
      irrevocably authorize the Administrative Agent, at its option and in its
      discretion, to release any Lien granted to or held by the Administrative Agent
      upon any Collateral (i) upon termination of the Commitments and payment
      in
      full of all Loans and all other Obligations known to the Administrative Agent
      and payable under this Agreement or any other Loan Document;
      (ii) constituting property sold or to be sold or disposed of as part
      of or
      in connection with any disposition permitted hereunder; (iii) constituting
      property in which Holdings or any Subsidiary owned no interest at the time
      the
      Lien was granted or at any time thereafter; (iv) constituting property
      leased to Holdings or any Subsidiary in a transaction permitted under this
      Agreement; (v) consisting of an instrument evidencing Indebtedness or
      other
      debt instrument, if the indebtedness evidenced thereby has been paid in full;
      (vi) constituting real property to be excluded from the Collateral pursuant
      to matters arising under Section 7.15;
      or (vii) if
      approved, authorized or ratified in writing by the Majority Lenders or all
      the
      Lenders, as the case may be, as provided in Section 11.01(l).  Upon
      request by the Administrative Agent at any time, the Lenders will confirm in
      writing the Administrative Agent’s authority to release particular types or
      items of Collateral pursuant to this Section 10.11(b),
provided
      that the absence
      of any such confirmation for whatever reason shall not affect the Administrative
      Agent’s rights under this Section 10.11.

     

    
      
        
        

      

      
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    (c)  Each
      Lender agrees
      with and in favor of each other (which agreement shall not be for the benefit
      of
      Holdings or any Subsidiary) that the Obligations to such Lender under this
      Agreement and the other Loan Documents shall not be secured by any real property
      collateral now or hereafter acquired by such Lender other than the Mortgaged
      Properties described in the Mortgages.

     

    10.12  Syndication
      Agent, Documentation Agent, Co-Lead Arranger, Book Runner.  None
      of the Lenders identified on the facing page or signature pages of this
      Agreement as a “Syndication Agent”, “Co-Documentation Agent,”“Co-Lead Arranger”
      or “Book Runner” shall have any right, power, obligation, liability,
      responsibility or duty under this Agreement in such capacity.  Without
      limiting the foregoing, none of the Lenders so identified as a “Syndication
      Agent”, “Co-Documentation Agent,”“Co-Lead Arranger” or Book Runner shall have or
      be deemed to have any fiduciary relationship with any Lenders.  Each
      Lender acknowledges that it has not relied, and will not rely, on any of the
      Lenders so identified in deciding to enter into this Agreement or in taking
      or
      not taking action hereunder.

     

    10.13  Administrative
      Agent May File Proofs of Claim.  In
      case of the pendency of any receivership, insolvency, liquidation, bankruptcy,
      reorganization, arrangement, adjustment, composition or other judicial
      proceeding relative to any Loan Party, the Administrative Agent (irrespective
      of
      whether the principal of any Loan or L/C Obligation shall then be due and
      payable as herein expressed or by declaration or otherwise and irrespective
      of
      whether the Administrative Agent shall have made any demand on the Holdings)
      shall be entitled and empowered, by intervention in such proceeding or
      otherwise

     

    (a)  to
      file and prove a
      claim for the whole amount of the principal and interest owing and unpaid in
      respect of the Loans, L/C Obligations and all other Obligations that are owing
      and unpaid and to file such other documents as may be necessary or advisable
      in
      order to have the claims of the Lenders, the L/C Issuer and the Administrative
      Agent (including any claim for the reasonable compensation, expenses,
      disbursements and advances of the Lenders, the L/C Issuer and the Administrative
      Agent and their respective agents and counsel and all other amounts due the
      Lenders, the L/C Issuer and the Administrative Agent under Sections 2.11, 3.08
      and 11.04) allowed in such judicial proceeding; and

     

    (b)  to
      collect and
      receive any monies or other property payable or deliverable on any such claims
      and to distribute the same; and any custodian, receiver, assignee, trustee,
      liquidator, sequestrator or other similar official in any such judicial
      proceeding is hereby authorized by each Lender and the L/C Issuer to make such
      payments to the Administrative Agent and, in the event that the Administrative
      Agent shall consent to the making of such payments directly to the Lenders
      and
      the L/C Issuer, to pay to the Administrative Agent any amount due for the
      reasonable compensation, expenses, disbursements and advances of the
      Administrative Agent and its agents and counsel, and any other amounts due
      the
      Administrative Agent under Sections 2.11 and 11.04.

     

    Nothing
      contained
      herein shall be deemed to authorize the Administrative Agent to authorize or
      consent to or accept or adopt on behalf of any Lender or the L/C Issuer any
      plan
      of reorganization, arrangement, adjustment or composition affecting the
      Obligations or the rights of any Lender or to authorize the Administrative
      Agent
      to vote in respect of the claim of any Lender in any such
      proceeding.

     

    
      
        
        

      

      
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    ARTICLE
      XI

     

    MISCELLANEOUS

     

    11.01  Amendments
      and
      Waivers.  Any
      term, covenant, agreement or condition of this Agreement or any other Loan
      Document may be amended or waived, and any consent under this Agreement or
      any
      other Loan Document may be given, if such amendment, waiver or consent is in
      writing and is signed by Holdings and the Majority Lenders (or the
      Administrative Agent on behalf of the Majority Lenders with the written approval
      of the Majority Lenders); provided,
however,
      that:

     

    (a)  Any
      amendment,
      waiver or consent which would (i) amend the definition of “Majority Class
      Lenders”, “Majority Lenders”, “Majority Revolving Lenders”, “Majority
      Term A Lenders”, or “Majority Term B Lenders” or modify in any other
      manner the number or percentage of the Lenders required to make any
      determinations or to waive any rights under, or to modify any provision of,
      this
      Agreement, (ii) amend this Section 11.01
      or Section 2.15,
      or
      (iii) release any Guarantor (except as otherwise provided in Section 11.12(m)),
      must be in
      writing and signed or approved in writing by all of the Lenders;

     

    (b)  Any
      amendment,
      waiver or consent which would (i) increase the Revolving Commitment
      of any
      Lender, (ii) extend the Revolving Loan Maturity Date, (iii) reduce
      the
      principal of, or interest rate applicable to, any Revolving Loan or L/C
      Borrowing or any fees or other amounts payable for the account of the Revolving
      Lenders hereunder, or (iv) extend any date fixed for any payment of
      the
      principal of, or interest rate applicable to, any Revolving Loans or any fees
      or
      other amounts payable for the account of the Revolving Lenders must be in
      writing and signed or approved in writing by all Revolving Lenders;

     

    (c)  Any
      amendment,
      waiver or consent which would (i) extend the Term A Loan Maturity
      Date, (ii) reduce the principal of or interest rate applicable to any
      Term A Loan or (iii) extend any date fixed for any payment of
      the
      principal of or interest rate applicable to any Term A Loans, must be
      in
      writing and signed or approved in writing by all Term A
      Lenders;

     

    (d)  Any
      amendment,
      waiver or consent which would (i) extend the Term B Loan Maturity
      Date, (ii) reduce the principal of or interest rate applicable to any
      Term B Loan or (iii) extend any date fixed for any payment of
      the
      principal of or interest rate applicable to any Term B Loans, must be
      in
      writing and signed or approved in writing by all Term B
      Lenders;

     

    (e)  Any
      amendment,
      waiver or consent which would (i) accelerate the Term A Loan
      Maturity
      Date, (ii) accelerate the Term B Loan Maturity Date,
      (iii) increase the interest rate applicable to any Term Loan,
      (iv) accelerate any date fixed for any payment of the principal of or
      interest rate applicable to any Term Loans, or (v) increase the interest
      rate applicable to any Revolving Loan or L/C Obligation must be in writing
      and
      signed or approved in writing by the Majority Class Lenders;

     

    
      
        
        

      

      
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    (f)  Any
      amendment,
      modification, termination or waiver of any provision of Section 2.05(a)
      must be in writing
      and signed by the Majority Revolving Lenders;

     

    (g)  Any
      amendment,
      modification, termination or waiver of any provision of Section 2.07
      or Section 2.08
      must be in writing
      and signed by the Majority Class Lenders;

     

    (h)  Any
      amendment,
      waiver or consent which increases or decreases the Proportionate Share of any
      Lender or adversely affects the rights of such Lender under Section 11.08
      hereof must be in
      writing and signed by such Lender;

     

    (i)  Any
      amendment,
      waiver or consent which affects the rights or duties of the Swingline Lender
      under this Agreement must be in writing and signed by the Swingline
      Lender;

     

    (j)  Any
      amendment,
      waiver or consent which affects the rights or duties of the L/C Issuer under
      this Agreement or any L/C Application relating to any Letter of Credit issued
      or
      to be issued by it must be in writing and signed by the L/C Issuer;

     

    (k)  Any
      amendment,
      waiver or consent which affects the rights or obligations of the Administrative
      Agent must be in writing and signed by the Administrative Agent;
      and

     

    (l)  Any
      amendment,
      waiver or consent which releases any material portion of the Collateral must
      be
      in writing and signed or approved in writing by all Lenders, except that
      (i) the Administrative Agent may release Collateral as provided in
Section 10.11,
      and (ii) any
      amendment, waiver or consent which modifies the terms of Section 8.02
      (including any
      modification of this Agreement relating to the prepayment of proceeds from
      any
      such sale or other disposition) shall require the consent of the Majority
      Lenders.

     

    No
      failure or delay by the Administrative Agent or any Lender in exercising any
      right under this Agreement or any other Loan Document shall operate as a waiver
      thereof or of any other right hereunder or thereunder nor shall any single
      or
      partial exercise of any such right preclude any other further exercise thereof
      or of any other right hereunder or thereunder.  Unless otherwise
      specified in such waiver or consent, a waiver or consent given hereunder shall
      be effective only in the specific instance and for the specific purpose for
      which given.  The Lenders may condition the giving or making
      of any
      amendment, waiver or consent of any term, covenant, agreement or condition
      of
      this Agreement or any other Loan Document on payment of a fee by
      Holdings.

     

    11.02  Notices.  (a)
      All notices,
      requests, consents, approvals, waivers and other communications shall be in
      writing (including, unless the context expressly otherwise provides, by
      facsimile transmission, but excluding by electronic mail unless accompanied
      by
      notice delivered via one of the other methods specified herein), and mailed,
      faxed or delivered, to the address or facsimile number specified for notices
      on
Schedule
      11.02;
      or, as directed
      to Holdings, the Company or the Administrative Agent, to such other address
      as
      shall be designated by such party in a written notice to the other parties,
      and
      as directed to any other party, at such other address as shall be designated
      by
      such party in a written notice to Holdings, the Company and the Administrative
      Agent.

     

    
      
        
        

      

      
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    (b)  All
      such notices,
      requests and communications shall, when transmitted by overnight delivery,
      or
      faxed, be effective when delivered for overnight (next-day) delivery, or
      transmitted in legible form by facsimile machine, respectively, or if mailed,
      upon the third Business Day after the date deposited into the mails, or if
      delivered, upon delivery; except that notices pursuant to Article
      II,
III
      or X
      to the
      Administrative Agent shall not be effective until actually received by the
      Administrative Agent, notices pursuant to Article
      III
      to the L/C Issuer
      shall not be effective until actually received by the L/C Issuer at the address
      specified for the “L/C Issuer” on Schedule
      11.02
      and notices
      pursuant to Article
      II
      to the Swingline Lender shall not be effective until actually received by the
      Swingline Lender, at the address specified for such Person on Schedule
      11.02.

     

    (c)  Any
      agreement of
      the Administrative Agent and the Lenders herein to receive certain notices
      by
      telephone or facsimile is solely for the convenience and at the request of
      Holdings.  The Administrative Agent and the Lenders shall be
      entitled
      to rely on the authority of any Person purporting to be a Person authorized
      by
      Holdings to give such notice and the Administrative Agent and the Lenders shall
      not have any liability to Holdings or other Person on account of any action
      taken or not taken by the Administrative Agent or the Lenders in reliance upon
      such telephonic or facsimile notice.  The obligation of Holdings
      to
      repay the Loans and L/C Obligations shall not be affected in any way or to
      any
      extent by any failure by the Administrative Agent and the Lender to receive
      written confirmation of any telephonic or facsimile notice or the receipt by
      the
      Administrative Agent and the Lenders of a confirmation which is at variance
      with
      the terms understood by the Administrative Agent and the Lenders to be contained
      in the telephonic or facsimile notice.

     

    11.03  No
      Waiver;
      Cumulative Remedies.  No
      failure to exercise and no delay in exercising, on the part of the
      Administrative Agent or any Lender, any right, remedy, power or privilege
      hereunder, shall operate as a waiver thereof; nor shall any single or partial
      exercise of any right, remedy, power or privilege hereunder preclude any other
      or further exercise thereof or the exercise of any other right, remedy, power
      or
      privilege.  The rights provided for in this Agreement and the
      other
      Loan Documents are cumulative and are not exclusive of any other rights, powers,
      privileges or remedies provided by law or in equity, or under any other
      instrument, document or agreement now existing or hereafter
      arising.

     

    11.04  Costs
      and
      Expenses.  Holdings
      shall:

     

    (a)  whether
      or not the
      transactions contemplated hereby are consummated, pay or reimburse Wells Fargo
      (including in its capacity as Administrative Agent and L/C Issuer) within five
      (5) Business Days after demand (subject to Section 5.02(c))
      for all
      reasonable costs and expenses incurred by Wells Fargo (including in its capacity
      as Administrative Agent and L/C Issuer) in connection with (i) the
      development, due diligence, preparation, delivery, administration and execution
      or enforcement of, and any amendment, supplement, waiver or modification to
      (in
      each case, whether or not consummated), this Agreement, any Loan Document and
      any other documents prepared in connection herewith or therewith, (ii) the
      consummation of the transactions contemplated hereby and thereby, and
      (iii) the syndication and assignment following the Effective Date of
      all or
      any part of Wells Fargo’s interest as Lender hereunder, including reasonable
      Attorney Costs incurred by Wells Fargo (including in its capacity as
      Administrative Agent and L/C Issuer) with respect thereto;

     

    
      
        
        

      

      
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    (b)  pay
      or reimburse
      the Administrative Agent, the Co-Lead Arrangers and each Lender within five
      (5)
      Business Days after demand (subject to Section 5.02(c))
      for all invoiced
      (or otherwise documented) costs and expenses (including reasonable Attorney
      Costs) incurred by them in connection with the enforcement, attempted
      enforcement, or preservation of any rights or remedies under this Agreement
      or
      any other Loan Document during the existence of an Event of Default or after
      acceleration of the Loans (including in connection with any “workout” or
      restructuring regarding the Loans, and including in any Insolvency Proceeding
      or
      appellate proceeding); and

     

    (c)  pay
      or reimburse
      Wells Fargo (including in its capacity as Administrative Agent) within five
      (5)
      Business Days after demand (subject to Section 5.02(c))
      for all appraisal
      (including the allocated cost of internal appraisal services), audit,
      environmental inspection and review (including the allocated cost of such
      internal services), search and filing costs, fees and expenses, incurred or
      sustained by Wells Fargo (including in its capacity as Administrative Agent)
      in
      connection with the matters referred to under subsections (a) and (b) of this
      section.

     

    11.05  Indemnification.

     

    (a)  Whether
      or not the
      transactions contemplated hereby are consummated, each of Holdings and the
      Company shall indemnify, defend and hold the Administrative Agent-Related
      Persons, and each Lender and each of its respective officers, directors,
      trustees, employees, counsel, agents and attorneys in fact (each, an
“Indemnified
      Person”)
      harmless from
      and against any and all liabilities, claims, obligations, losses, damages,
      penalties, actions, judgments, suits, costs, settlement costs, charges, expenses
      and disbursements (including reasonable Attorney Costs) of any kind or nature
      whatsoever which may at any time (including at any time following repayment
      of
      the Loans, the termination of all Specified Swap Contracts, the termination
      of
      the Letters of Credit and the termination, resignation or replacement of the
      Administrative Agent or replacement of any Lender) be imposed on, incurred
      by or
      asserted against any such Person in any way relating to or arising out of this
      Agreement, the other Loan Documents or any document contemplated by or referred
      to therein, or the transactions contemplated hereby or the use of proceeds
      of
      the Loans provided hereunder, or any action taken or omitted by any such Person
      under or in connection with any of the foregoing, including with respect to
      any
      investigation, litigation or proceeding (including any Insolvency Proceeding
      or
      appellate proceeding) related to or arising out of this Agreement, the Specified
      Swap Contracts, the Loans or Letters of Credit or the use of the proceeds
      thereof, whether or not any Indemnified Person is a party thereto (all the
      foregoing, collectively, the “Indemnified
      Liabilities”);
      provided that
      neither Holdings nor the Company shall have any obligation hereunder to any
      Indemnified Person with respect to Indemnified Liabilities to the extent they
      are found by a final decision of a court of competent jurisdiction to have
      resulted primarily from the gross negligence or willful misconduct of such
      Indemnified Person.  The agreements in this section and in
Section 11.04
      shall survive the
      termination of the Commitments, the termination or expiration of all Letters
      of
      Credit and the payment of all other Obligations.

     

    
      
        
        

      

      
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    (b)  (i)
      Each of Holdings
      and the Company shall indemnify, defend and hold harmless each Indemnified
      Person, from and against any and all liabilities, obligations, losses, damages,
      penalties, actions, judgments, suits, costs, charges, expenses or disbursements
      (including reasonable Attorney Costs and the allocated cost of internal
      environmental audit or review services), which may be incurred by or asserted
      against such Indemnified Person in connection with or arising out of any pending
      or threatened investigation, litigation or proceeding, or any action taken
      by
      any Person, with respect to any Environmental Claim arising out of or related
      to
      any property subject to a Mortgage in favor of the Administrative Agent or
      any
      Lender.  No action taken by legal counsel chosen by the Administrative
      Agent or any Lender in defending against any such investigation, litigation
      or
      proceeding or requested remedial, removal or response action shall vitiate
      or
      any way impair Holdings’ and the Company’s obligation and duty hereunder to
      indemnify and hold harmless the Administrative Agent and each
      Lender.

     

    (ii)  In
      no event shall
      any site visit, observation, or testing by the Administrative Agent or any
      Lender (or any contractee of the Administrative Agent or any Lender) be deemed
      a
      representation or warranty that Hazardous Materials are or are not present
      in,
      on, or under, the site, or that there has been or shall be compliance with
      any
      Environmental Law.  Neither Holdings nor any other Person is
      entitled
      to rely on any site visit, observation, or testing by the Administrative Agent
      or any Lender.  Neither the Administrative Agent nor any Lender
      owes
      any duty of care to protect Holdings or any other Person against, or to inform
      Holdings or any other Person of, any Hazardous Materials or any other adverse
      condition affecting any site or property.  Neither the Administrative
      Agent nor any Lender shall be obligated to disclose to Holdings or any other
      Person any report or findings made as a result of, or in connection with, any
      site visit, observation, or testing by the Administrative Agent or any
      Lender.

     

    (c)  The
      obligations in
      this section shall survive payment of all other Obligations.  At
      the
      election of any Indemnified Person, Holdings shall defend such Indemnified
      Person using legal counsel satisfactory to such Indemnified Person in such
      Person’s sole discretion, at the sole cost and expense of
      Holdings.  All amounts owing under this Section 11.05(c)
      shall be paid
      within thirty (30) days after demand.

     

    11.06  Marshalling;
      Payments Set Aside.  Neither
      the Administrative Agent nor the Lenders shall be under any obligation to
      marshal any assets in favor of Holdings or any other Person or against or in
      payment of any or all of the Obligations.  To the extent that
      any Loan
      Party makes a payment to the Administrative Agent or the Lenders, or the
      Administrative Agent or the Lenders exercise their right of set-off, and such
      payment or the proceeds of such set-off or any part thereof are subsequently
      invalidated, declared to be fraudulent or preferential, set aside or required
      (including pursuant to any settlement entered into by the Administrative Agent
      or such Lender in its discretion) to be repaid to a trustee, receiver or any
      other party, in connection with any Insolvency Proceeding or otherwise, then
      (a)
      to the extent of such recovery the obligation or part thereof originally
      intended to be satisfied shall be revived and continued in full force and effect
      as if such payment had not been made or such set-off had not occurred, and
      (b) each Lender severally agrees to pay to the Administrative Agent
      upon
      demand its Proportionate Share of any amount so recovered from or repaid by
      the
      Administrative Agent.

     

    11.07  Successors
      and
      Assigns.  The
      provisions of this Agreement shall be binding upon and inure to the benefit
      of
      the parties hereto and their respective successors and assigns, except that
      a
      Loan Party may not assign or transfer any of its rights or obligations under
      this Agreement without the prior written consent of the Administrative Agent
      and
      each Lender.

     

    
      
        
        

      

      
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    11.08  Assignments,
      Participations, Etc.  (a)
      Any Lender may,
      with the written consent of the Administrative Agent, the L/C Issuer and the
      Swingline Lender, and in the case of an assignment of Revolving Loans, Holdings
      (which in each case shall not be unreasonably withheld), at any time assign
      and
      delegate to one or more Eligible Assignees (each an “Assignee”)
      all, or any
      ratable part of all, of the Loans, the Commitment, the L/C Obligations and
      the
      other rights and obligations of such Lender hereunder; provided,
however,
      that (i) no
      written consent of Holdings shall be required during the existence of a Default
      or an Event of Default; (ii) no written consent of Holdings or the
      Administrative Agent, the L/C Issuer or the Swingline Lender shall be required
      in connection with any assignment and delegation by a Lender to an Eligible
      Assignee that is another Lender or an Affiliate of such assigning Lender
      or within the same
“family of funds” as such assigning Lender, provided
      that if the
      proposed Assignee is another Lender, the Lender seeking to assign its interests
      hereunder shall consult with Holdings and the Administrative Agent before
      entering into such assignment; (iii) except in connection with an
      assignment of all of a Lender’s rights and obligations with respect to its
      Commitment, Loans and L/C Obligations, any such assignment to an Eligible
      Assignee that is not a Lender hereunder shall be equal to or greater than
      $1,000,000; and (iv) each such partial assignment shall be of a ratable
      part of the Loans, the Commitment and the other interests, rights and
      obligations hereunder of such assigning Lender; and provided
      further,
however,
      that Holdings and
      the Administrative Agent may continue to deal solely and directly with such
      Lender in connection with the interest so assigned to an Assignee until (A)
      such
      Lender and its Assignee shall have delivered to Holdings and the Administrative
      Agent an Assignment and Acceptance Agreement substantially in the form of
Exhibit
      E
      (“Assignment
      and
      Acceptance”),
      together with
      any Note or Notes subject to such assignment; (B) a written notice of such
      assignment, together with payment instructions, addresses and related
      information with respect to the Assignee, in substantially the form of the
      Notice of Assignment and Acceptance attached as Schedule 1 to the Assignment
      and
      Acceptance, shall have been given to Holdings and the Administrative Agent
      by
      such Lender and the Assignee; (C) the assignor Lender or Assignee shall
      have paid to the Administrative Agent a processing fee in the amount of $3,500
      (it being understood that with respect to an assignment to more than one
      Eligible Assignee within the same “family of funds” or by more than one Lender
      within the same “family of funds” to a single Eligible Assignee, only one such
      processing fee is payable for the series of simultaneous assignments) and (D)
      the Administrative Agent, Holdings, the L/C Issuer and the Swingline Lender
      each
      shall have provided any required consent to such assignment in accordance with
      this Section 11.08(a).  In
      connection with any assignment by Wells Fargo, its Swingline Commitment may
      be
      assigned in whole (and not part) and only in connection with an assignment
      transaction involving an assignment of all of its Commitment and Loans, and
      the
      Assignment and Acceptance may be appropriately modified to include an assignment
      and delegation of its Swingline Commitment and any outstanding Swingline
      Loans.

     

    (b)  From
      and after the
      date that the Administrative Agent notifies the assignor Lender that the
      Administrative Agent has received (and, if required, provided its consent with
      respect thereto and received any other consents required under this Section 11.08)
      an executed
      Assignment and Acceptance and payment of the above-referenced processing fee,
      (i) the Assignee thereunder shall be a party hereto and, to the extent
      that
      rights and obligations hereunder have been assigned to it pursuant to such
      Assignment and Acceptance, shall have the rights and obligations of a Lender
      under the Loan Documents, (ii) this Agreement shall be deemed to be
      amended
      to the extent, but only to the extent, necessary to reflect the addition of
      the
      Assignee and the resulting adjustment of the Commitments, Loans and L/C
      Obligations arising therefrom, and (iii) the assignor Lender shall,
      to the
      extent that rights and obligations hereunder and under the other Loan Documents
      have been assigned by it pursuant to such Assignment and Acceptance, relinquish
      its rights and be released from its obligations under the Loan Documents;
provided,
however,
      that the assignor
      Lender shall not relinquish its rights under Article
      IV
      or under Section 11.04
      and Section 11.05
      to the extent such
      rights relate to the time prior to the effective date of the Assignment and
      Acceptance.  The Commitment, Loans and L/C Obligations allocated
      to
      each Assignee shall reduce the Commitment, Loans and L/C Obligations of the
      assigning Lender pro tanto.

     

    
      
        
        

      

      
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    (c)  Within
      five (5)
      Business Days after Holding’s receipt of notice by the Administrative Agent that
      it has received (and, if necessary, consented to) an executed Assignment and
      Acceptance and payment of the processing fee (and provided
      that the L/C
      Issuer, the Swingline Lender and Holdings each consent to such assignment in
      accordance with Section 11.08(a)),
      Holdings shall
      execute and deliver to the Administrative Agent any new Note requested by such
      Assignee evidencing such Assignee’s assigned Loans and Commitment and, if the
      assignor Lender has retained a portion of its Loans and its Commitment,
      replacement Notes as requested by the assignor Lender evidencing the Loans
      and
      Commitment retained by the assignor Lender (such Note to be in exchange for,
      but
      not in payment of, the Note held by such Lender, if any).

     

    (d)  Any
      Lender may at
      any time sell to one or more commercial banks or other Persons not Affiliates
      of
      Holdings (a “Participant”)
      participating
      interests in any Loans, the Commitment of that Lender and the other interests
      of
      that Lender (the “originating
      Lender”)
      hereunder and
      under the other Loan Documents; provided,
however,
      that (i) the
      originating Lender’s obligations under this Agreement shall remain unchanged,
      (ii) the originating Lender shall remain solely responsible for the
      performance of such obligations, (iii) Holdings, the L/C Issuer, the
      Swingline Lender and the Administrative Agent shall continue to deal solely
      and
      directly with the originating Lender in connection with the originating Lender’s
      rights and obligations under this Agreement and the other Loan Documents, and
      (iv) no Lender shall transfer or grant any participating interest under
      which the Participant has rights to approve any amendment to, or any consent
      or
      waiver with respect to, this Agreement or any other Loan Document, except to
      the
      extent such amendment, consent or waiver would require unanimous consent of
      the
      Lenders as described in the first proviso to Section 11.01.
      In the case of
      any such participation, the Participant shall be entitled to the benefit of
      Sections
      4.01,
4.03
      and 11.05
      as though it were
      also a Lender hereunder, and except that, if amounts outstanding under this
      Agreement are due and unpaid, or shall have been declared or shall have become
      due and payable upon the occurrence of an Event of Default, each Participant
      shall be deemed to have the right of set off in respect of its participating
      interest in amounts owing under this Agreement to the same extent as if the
      amount of its participating interest were owing directly to it as a Lender
      under
      this Agreement.  

    
      (e)  Notwithstanding
        any
        other provision in this Agreement, any Lender may at any time pledge or assign
        a
        security interest in all or any portion of its rights under this Agreement
        to
        secure obligations of such Lender, including any pledge or assignment to
        secure
        obligations to a Federal Reserve Bank; provided
        that no such
        pledge or assignment shall release such Lender from any of its obligations
        hereunder or substitute any such pledgee or assignee for such Lender as a
        party
        hereto.

    

     

    
      
        
        

      

      
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    (f)  Notwithstanding
      any
      provision in this Section 11.08
      to the contrary,
      no registration or processing fee shall be payable in connection with any
      assignment by Wells Fargo.

     

    11.09  Confidentiality.  Each
      Lender agrees to take and to cause its Affiliates to take normal and reasonable
      precautions and exercise due care to maintain the confidentiality of all
      information identified as “confidential” or “secret” by Holdings or the Company
      and provided to it by Holdings, the Company or any Subsidiary, or by the
      Administrative Agent on Holdings’, the Company’s or such Subsidiary’s behalf,
      under this Agreement or any other Loan Document, and neither it nor any of
      its
      Affiliates shall use any such information other than in connection with or
      in
      enforcement of this Agreement and the other Loan Documents or in connection
      with
      other business now or hereafter existing or contemplated with Holdings, the
      Company or any Subsidiary; except to the extent such information (i) was
      or
      becomes generally available to the public other than as a result of disclosure
      by such Lender, or (ii) was or becomes available on a non confidential
      basis from a source other than Holdings or the Company, provided
      that such source
      is not bound by a confidentiality agreement with Holdings or the Company known
      to such Lender; provided,
however,
      that any Lender
      may disclose such information (A) at the request or pursuant to any requirement
      of any Governmental Authority to which such Lender is subject or in connection
      with an examination of such Lender by any such authority; (B) pursuant to
      subpoena or other court process; (C) when required to do so in accordance with
      the provisions of any applicable Requirement of Law; (D) to the extent
      reasonably required in connection with any litigation or proceeding to which
      the
      Administrative Agent, any Lender or their respective Affiliates may be party;
      (E) to the extent reasonably required in connection with the exercise of any
      remedy hereunder or under any other Loan Document; (F) to such Lender’s
      independent auditors, legal counsel and other professional advisors; (G) to
      any pledgee
      referred to in Section 11.08(e) or
      any
      Participant or Assignee, actual or potential, or any actual or proposed
      contractual counterparty (or its advisors) to any securitization, hedge, or
      other derivative transaction relating to the parties’ obligations hereunder,
provided
      that such Person
      agrees in writing to keep such information confidential to the same extent
      required of the Lenders hereunder; (H) as to any Lender or its Affiliate, as
      expressly permitted under the terms of any other document or agreement regarding
      confidentiality to which Holdings, the Company or any Subsidiary is party or
      is
      deemed party with such Lender or such Affiliate; and (I) to its Affiliates
      and
provided,
further,
however,
      that the parties
      hereto (and each employee, representative or other agent thereof) may disclose
      to any and all persons, without limitation of any kind, the “structure” and “tax
      aspects” (in each case, within the meaning of Treasury Regulation section
      1.6011-4T) of the transactions contemplated hereby and all materials of any
      kind
      (including opinions or other tax analyses) that are or have been provided to
      such Person relating to such structure and tax aspects, except that, with
      respect to any document or similar item that in either case contains information
      concerning such tax structure or tax aspects of the transactions contemplated
      hereby as well as other information, this proviso shall only apply to such
      portions of the document or similar item that relate to such tax structure
      or
      tax aspects of the transactions contemplated hereby.

     

    11.10  Set
      off.  In
      addition to any rights and remedies of the Lenders provided by law, if an Event
      of Default exists or the Loans have been accelerated, each Lender is authorized
      at any time and from time to time, without prior notice to any Loan Party,
      any
      such notice being waived by such Loan Party 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 by, and other indebtedness at
      any
      time owing by, such Lender to or for the credit or the account of such Loan
      Party against any and all Obligations owing to such Lender, now or hereafter
      existing, irrespective of whether or not the Administrative Agent or such Lender
      shall have made demand under this Agreement or any Loan Document and although
      such Obligations may be contingent or unmatured.  Each Lender
      agrees
      promptly to notify such Loan Party and the Administrative Agent after any such
      set off and application made by such Lender; provided,
however,
      that the failure
      to give such notice shall not affect the validity of such set off and
      application.  NOTWITHSTANDING THE FOREGOING, NO LENDER SHALL
      EXERCISE,
      OR ATTEMPT TO EXERCISE, ANY RIGHT OF SET-OFF, BANKER’S LIEN, OR THE LIKE,
      AGAINST ANY DEPOSIT ACCOUNT OR PROPERTY OF HOLDINGS OR ANY SUBSIDIARY OF
      HOLDINGS HELD OR MAINTAINED BY THE LENDER WITHOUT THE UNANIMOUS PRIOR WRITTEN
      CONSENT OF THE LENDERS. 

     

    
      
        
        

      

      
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    11.11  USA
      PATRIOT Act
      Notice.  Each Lender that is subject to the Act (as hereinafter
      defined) and the Administrative Agent (for itself and not on behalf of any
      Lender) hereby notifies Holdings 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 Holdings, which
      information includes the name and address of Holdings and other information
      that
      will allow such Lender or the Administrative Agent, as applicable, to identify
      Holdings in accordance with the Act.

     

    11.12  Guaranty.  (a)
      Guaranty.  Each of the Guarantors unconditionally and irrevocably,
      jointly and severally, guarantees to the Administrative Agent, the Co-Lead
      Arrangers, the L/C Issuer and the Lenders, and their respective successors,
      endorsers, transferees and assigns (the “Guaranteed Persons”), the full and
      prompt payment when due (whether at stated maturity, by required prepayment,
      declaration, acceleration, demand or otherwise) and performance of all
      indebtedness, liabilities and other obligations of Holdings to any Guaranteed
      Person, whether arising out of or in connection with this Agreement, any other
      Loan Document or otherwise, including all unpaid principal of the Loans, all
      L/C
      Obligations, all interest accrued thereon, all fees due under this Agreement
      and
      all other amounts payable by Holdings to any Guaranteed Person thereunder or
      in
      connection therewith.  The terms “indebtedness,”“liabilities” and
“obligations” are used herein in their most comprehensive sense and include any
      and all advances, debts, obligations and liabilities, now existing or hereafter
      arising, whether voluntary or involuntary and whether due or not due, absolute
      or contingent, liquidated or unliquidated, determined or undetermined, and
      whether recovery upon such indebtedness, liabilities and obligations may be
      or
      hereafter become unenforceable or shall be an allowed or disallowed claim under
      the Bankruptcy Code or other applicable law.  The foregoing
      indebtedness, liabilities and other obligations of Holdings shall hereinafter
      be
      collectively referred to as the “Guaranteed Obligations.” The Guaranteed
      Obligations include interest which, but for an Insolvency Proceeding, would
      have
      accrued on such Guaranteed Obligations, whether or not a claim is allowed
      against Holdings for such interest in any such Insolvency
      Proceeding.

     

    
      
        
        

      

      
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    (b)  Separate
      Obligation.  Each
      Guarantor acknowledges and agrees (i) that the Guaranteed Obligations
      are
      separate and distinct from any indebtedness, obligations or liabilities arising
      under or in connection with any other agreement, instrument or guaranty,
      including under any provision of this Agreement other than this Section 11.12,
      executed at any
      time by such Guarantor in favor of any Guaranteed Person, and (ii) such
      Guarantor shall pay and perform all of the Guaranteed Obligations as required
      under this Section 11.12,
      and each
      Guaranteed Person may enforce any and all of its rights and remedies hereunder,
      without regard to any other agreement, instrument or guaranty, including any
      provision of this Agreement other than this Section 11.12,
      at any time
      executed by such Guarantor in favor of any Guaranteed Person, regardless of
      whether or not any such other agreement, instrument or guaranty, or any
      provision thereof or hereof, shall for any reason become unenforceable or any
      of
      the indebtedness, obligations or liabilities thereunder or hereunder shall
      have
      been discharged, whether by performance, avoidance or otherwise.  Each
      Guarantor acknowledges that in providing benefits to Holdings and such
      Guarantor, the Guaranteed Persons are relying upon the enforceability of this
      Section 11.12
      and the Guaranteed
      Obligations as separate and distinct indebtedness, obligations and liabilities
      of such Guarantor, and each Guarantor agrees that each Guaranteed Person would
      be denied the full benefit of their bargain if at any time this Section 11.12
      or the Guaranteed
      Obligations were treated any differently.  The fact that the
      Guaranty
      of each Guarantor is set forth in this Agreement rather than in a separate
      guaranty document is for the convenience of Holdings and the Guarantors and
      shall in no way impair or adversely affect the rights or benefits of any
      Guaranteed Person under this Section 11.12.  Each
      Guarantor agrees to execute and deliver a separate agreement, immediately upon
      request at any time of any Guaranteed Person, evidencing such Guarantor’s
      obligations under this Section 11.12.  Upon
      the occurrence of any Event of Default, a separate action or actions may be
      brought against each Guarantor, whether or not Holdings or any other Guarantor
      or Person is joined therein or a separate action or actions are brought against
      Holdings or any other Guarantor or Person.

     

    (c)  Limitation
      of
      Guaranty.  To
      the
      extent that any court of competent jurisdiction shall impose by final judgment
      under applicable law (including the California Uniform Fraudulent Transfer
      Act
      and §§544 and 548 of the Bankruptcy Code) any limitations on the amount of any
      Guarantor’s liability with respect to the Guaranteed Obligations which any
      Guaranteed Person can enforce under this Section 11.12,
      each Guaranteed
      Person by its acceptance hereof accepts such limitation on the amount of such
      Guarantor’s liability hereunder to the extent needed to make this Section 11.12
      fully enforceable
      and nonavoidable.

     

    (d)  Liability
      of
      Guarantor.  The
      liability of each Guarantor under this Section 11.12
      shall be
      irrevocable, absolute, independent and unconditional, and shall not be affected
      by any circumstance which might constitute a discharge of a surety or guarantor
      other than the indefeasible payment and performance in full of all Guaranteed
      Obligations.  In furtherance of the foregoing and without limiting
      the
      generality thereof, each Guarantor agrees as follows:

     

    (i)  such
      Guarantor’s
      liability hereunder shall be the immediate, direct, and primary obligation
      of
      such Guarantor and shall not be contingent upon any Guaranteed Person’s exercise
      or enforcement of any remedy it may have against Holdings or any other Person,
      or against any collateral or other security for any Guaranteed
      Obligations;

     

    (ii)  this
      Guaranty is a
      guaranty of payment when due and not merely of collectibility;

     

    
      
        
        

      

      
        110

        
          

        

      

      
        
        

      

    

    (iii)  such
      Guarantor’s
      payment of a portion, but not all, of the Guaranteed Obligations shall in no
      way
      limit, affect, modify or abridge such Guarantor’s liability for any portion of
      the Guaranteed Obligations remaining unsatisfied; and

     

    (iv)  such
      Guarantor’s
      liability with respect to the Guaranteed Obligations shall remain in full force
      and effect without regard to, and shall not be impaired or affected by, nor
      shall such Guarantor be exonerated or discharged by, any of the following
      events:

     

    (A)    
      any
      Insolvency
      Proceeding;

     

    (B)    
      any
      limitation,
      discharge, or cessation of the liability of Holdings or any other guarantor
      or
      Person for any Guaranteed Obligations due to any statute, regulation or rule
      of
      law, or any invalidity or unenforceability in whole or in part of any of the
      Guaranteed Obligations or the Loan Documents;

     

    (C)    
      any
      merger,
      acquisition, consolidation or change in structure of Holdings or any other
      Guarantor or Person, or any sale, lease, transfer or other disposition of any
      or
      all of the assets or shares of Holdings or any other Guarantor or other
      Person;

     

    (D)    
      any
      assignment or
      other transfer, in whole or in part, of any Guaranteed Person’s interests in and
      rights under this Guaranty or the other Loan Documents;

     

    (E)    
      any
      claim, defense,
      counterclaim or set-off, other than that of prior performance, that Holdings,
      such Guarantor, any other guarantor or other Person may have or assert,
      including any defense of incapacity or lack of corporate or other authority
      to
      execute any of the Loan Documents;

     

    (F)    
      any
      Guaranteed
      Person’s amendment, modification, renewal, extension, cancellation or surrender
      of any Loan Document or any Guaranteed Obligations;

     

    (G)    
      any
      Guaranteed
      Person’s exercise or nonexercise of any power, right or remedy with respect to
      any Guaranteed Obligations or any collateral;

     

    (H)    
      any
      Guaranteed
      Person’s vote, claim, distribution, election, acceptance, action or inaction in
      any Insolvency Proceeding; or

     

    (I)       any
      other guaranty,
      whether by any Guarantor or any other Person, of all or any part of the
      Guaranteed Obligations or any other indebtedness, obligations or liabilities
      of
      any Guaranteed Person.

     

    (e)  Consents
      of
      Guarantor.  Each
      Guarantor hereby unconditionally consents and agrees that, without notice to
      or
      further assent from such Guarantor:

     

    (i)  the
      principal
      amount of the Guaranteed Obligations may be increased or decreased and
      additional indebtedness or obligations of Holdings under the Loan Documents
      may
      be incurred and the time, manner, place or terms of any payment under any Loan
      Document be extended or changed, by one or more amendments, modifications,
      renewals or extensions of any Loan Document or otherwise;

     

    
      
        
        

      

      
        111

        
          

        

      

      
        
        

      

    

    (ii)  the
      time for
      Holdings’ (or any other Person’s) performance of or compliance with any term,
      covenant or agreement on its part to be performed or observed under any Loan
      Document may be extended, or such performance or compliance waived, or failure
      in or departure from such performance or compliance consented to, all in such
      manner and upon such terms as any Guaranteed Person (or the Majority Lenders,
      as
      the case may be) may deem proper;

     

    (iii)  each
      Guaranteed
      Person may request and accept other guarantees and may take and hold other
      security as collateral for the Guaranteed Obligations, and may, from time to
      time, in whole or in part, exchange, sell, surrender, release, subordinate,
      modify, waive, rescind, compromise or extend such other guaranties or security
      and may permit or consent to any such action or the result of any such action,
      and may apply such security and direct the order or manner of sale
      thereof;

     

    (iv)  each
      Guaranteed
      Person may exercise, or waive or otherwise refrain from exercising, any other
      right, remedy, power or privilege even if the exercise thereof affects or
      eliminates any right of subrogation or any other right of such Guarantor against
      Holdings.

     

    (f)  Guarantor’s
      Waivers.  Each
      Guarantor waives and agrees not to assert:

     

    (i)  any
      right to
      require the Administrative Agent, the L/C Issuer or any Lender to marshal assets
      in favor of Holdings, the Guarantors, any other guarantor or any other Person,
      to proceed against Holdings, any other guarantor or any other Person, to proceed
      against or exhaust any of the Collateral, to give notice of the terms, time
      and
      place of any public or private sale of personal property security constituting
      the Collateral or other collateral for the Guaranteed Obligations or comply
      with
      any other provisions of Chapter 6 of Division 9 of the UCC (or any equivalent
      provision of any other applicable law) or to pursue any other right, remedy,
      power or privilege of the Administrative Agent, the L/C Issuer or any Lender
      whatsoever;

     

    (ii)  the
      defense of the
      statute of limitations in any action hereunder or for the collection or
      performance of the Guaranteed Obligations;

     

    (iii)  any
      defense arising
      by reason of any lack of corporate or other authority or any other defense
      of
      Holdings, such Guarantor or any other Person;

     

    (iv)  any
      defense based
      upon any Guaranteed Person’s errors or omissions in the administration of the
      Guaranteed Obligations;

     

    (v)  any
      rights to
      set-offs and counterclaims;

     

    (vi)  without
      limiting
      the generality of the foregoing, to the fullest extent permitted by law, any
      defenses or benefits that may be derived from or afforded by applicable law
      limiting the liability of or exonerating guarantors or sureties, or which may
      conflict with the terms of this Section 11.12;

     

    
      
        
        

      

      
        112

        
          

        

      

      
        
        

      

    

    (vii)  any
      defense based
      upon an election of remedies (including, if available, an election to proceed
      by
      nonjudicial foreclosure) which destroys or impairs the subrogation rights of
      such Guarantor or the right of such Guarantor to proceed against Holdings or
      any
      other obligor of the Guaranteed Obligations for reimbursement;

     

    (viii)  without
      limiting
      the generality of the foregoing, to the fullest extent permitted by law, any
      defenses or benefits that may be derived from or afforded by applicable law
      limiting the liability of or exonerating guarantors or sureties, or which may
      conflict with the terms of this Section 11.12,
      including any and
      all benefits that otherwise might be available to such Guarantor under
      California Civil Code §§1432, 2809, 2810, 2815, 2819, 2839, 2845, 2848, 2849,
      2850, 2899 and 3433 and California Code of Civil Procedure §§580a, 580b, 580d
      and 726 or Texas Property Code §§51.003 - 51.005.  Accordingly, each
      Guarantor waives all rights and defenses that such Guarantor may have because
      Holdings’ debt is secured by real property.  This means, among other
      things: (A) the Administrative Agent, the L/C Issuer and the Lenders may collect
      from such Guarantor without first foreclosing on any real or personal property
      Collateral pledged by Holdings or such Guarantor; and (B) if the Administrative
      Agent forecloses on any real property Collateral pledged by Holdings or such
      Guarantor: (1) the amount of the debt may be reduced only by the price for
      which
      that Collateral is sold at the foreclosure sale, even if the Collateral is
      worth
      more than the sale price, and (2) the Administrative Agent, the L/C Issuer
      and
      the Lenders may collect from such Guarantor even if the Administrative Agent,
      by
      foreclosing on the real property Collateral, has destroyed any right such
      Guarantor may have to collect from Holdings.  This is an unconditional
      and irrevocable waiver of any rights and defenses such Guarantor may have
      because Holdings’ debt is secured by real property.  These rights and
      defenses include, but are not limited to, any rights of defenses based upon
      section 580a, 580b, 580d or 726 of the California Code of Civil Procedure or
      sections 51.003 - 51.005 of the Texas Property Code; and

     

    (ix)  any
      and all notice
      of the acceptance of this Guaranty, and any and all notice of the creation,
      renewal, modification, extension or accrual of the Guaranteed Obligations,
      or
      the reliance by any Guaranteed Person upon this Guaranty, or the exercise of
      any
      right, power or privilege hereunder.  The Guaranteed Obligations
      shall
      conclusively be deemed to have been created, contracted, incurred and permitted
      to exist in reliance upon this Guaranty.  Each Guarantor waives
      promptness, diligence, presentment, protest, demand for payment, notice of
      default, dishonor or nonpayment and all other notices to or upon Holdings,
      such
      Guarantor or any other Person with respect to the Guaranteed
      Obligations.

     

    (g)  Financial
      Condition of Holdings.  No
      Guarantor shall have any right to require any Guaranteed Person to obtain or
      disclose any information with respect to: the financial condition or character
      of Holdings or the ability of Holdings to pay and perform the Guaranteed
      Obligations; the Guaranteed Obligations; any collateral or other security for
      any or all of the Guaranteed Obligations; the existence or nonexistence of
      any
      other guarantees of all or any part of the Guaranteed Obligations; any action
      or
      inaction on the part of any Guaranteed Person or any other Person; or any other
      matter, fact or occurrence whatsoever.  Each Guarantor hereby
      acknowledges that it has undertaken its own independent investigation of the
      financial condition of Holdings and the other Loan Parties and all other matters
      pertaining to this Guaranty and further acknowledges that it is not relying
      in
      any manner upon any representation or statement of any Guaranteed Person with
      respect thereto.

     

    
      
        
        

      

      
        113

        
          

        

      

      
        
        

      

    

    (h)  Subrogation.  Until
      the Guaranteed Obligations shall be satisfied in full and the Commitments shall
      be terminated, each Guarantor shall not have, and shall not directly or
      indirectly exercise (i) any rights that it may acquire by way of
      subrogation under this Section 11.12,
      by any payment
      hereunder or otherwise, (ii) any rights of contribution, indemnification,
      reimbursement or similar suretyship claims arising out of this Section 11.12
      or (iii) any
      other right which it might otherwise have or acquire (in any way whatsoever)
      which could entitle it at any time to share or participate in any right, remedy
      or security of any Guaranteed Person as against Holdings or other guarantors,
      whether in connection with this Section 11.12,
      any of the other
      Loan Documents or otherwise.  If any amount shall be paid to
      any
      Guarantor on account of the foregoing rights at any time when all the Guaranteed
      Obligations shall not have been paid in full, such amount shall be held in
      trust
      for the benefit of each Guaranteed Person and shall forthwith be paid to the
      Administrative Agent to be credited and applied to the Guaranteed Obligations,
      whether matured or unmatured, in accordance with the terms of the Loan
      Documents.

     

    (i)  Continuing
      Guaranty.  This
      Guaranty is a continuing guaranty and agreement of subordination and shall
      continue in effect and be binding upon each Guarantor until termination of
      the
      Commitments and payment and performance in full of all Guaranteed Obligations,
      including Guaranteed Obligations which may exist continuously or which may
      arise
      from time to time under successive transactions, and each Guarantor expressly
      acknowledges that this Guaranty shall remain in full force and effect
      notwithstanding that there may be periods in which no Guaranteed Obligations
      exist.

     

    (j)  Reinstatement.  This
      Guaranty shall continue to be effective or shall be reinstated and revived,
      as
      the case may be, if, for any reason, any payment of the Guaranteed Obligations
      by or on behalf of Holdings (or receipt of any proceeds of collateral) shall
      be
      rescinded, invalidated, declared to be fraudulent or preferential, set aside,
      voided or otherwise required to be repaid to Holdings, its estate, trustee,
      receiver or any other Person (including under the Bankruptcy Code or other
      state
      or federal law), or must otherwise be restored by any Guaranteed Person, whether
      as a result of Insolvency Proceedings or otherwise.  All losses,
      damages, costs and expenses that any Guaranteed Person may suffer or incur
      as a
      result of any voided or otherwise set aside payments shall be specifically
      covered by the indemnity in favor of the Lenders and the Administrative Agent
      contained in Section 11.05.

     

    (k)  Substantial
      Benefits.  The
      funds that have been borrowed from the Lenders by Holdings have been and are
      to
      be contemporaneously used for the direct or indirect benefit of Holdings and
      each Guarantor.  It is the position, intent and expectation of
      the
      parties that Holdings and each Guarantor have derived and will derive
      significant and substantial direct or indirect benefits from the accommodations
      that have been made by the Lenders under the Loan Documents.

     

    
      
        
        

      

      
        114

        
          

        

      

      
        
        

      

    

    (l)  Knowing
      and
      Explicit Waivers.  EACH
      GUARANTOR ACKNOWLEDGES THAT IT EITHER HAS OBTAINED THE ADVICE OF LEGAL COUNSEL
      OR HAS HAD THE OPPORTUNITY TO OBTAIN SUCH ADVICE IN CONNECTION WITH THE TERMS
      AND PROVISIONS OF THIS SECTION
      11.12.  EACH
      GUARANTOR ACKNOWLEDGES AND AGREES THAT EACH OF THE WAIVERS AND CONSENTS SET
      FORTH HEREIN ARE MADE WITH FULL KNOWLEDGE OF THEIR SIGNIFICANCE AND
      CONSEQUENCES, AND THAT ALL SUCH WAIVERS AND CONSENTS HEREIN ARE EXPLICIT AND
      KNOWING AND WHICH EACH GUARANTOR EXPECTS TO BE FULLY ENFORCEABLE.

     

    (m)  Release
      of
      Subsidiary Guarantors.  Holdings
      may at any time deliver to the Administrative Agent a certificate from a
      Responsible Officer of Holdings certifying as of the date of the certificate
      that, after the consummation of the transaction or series of transactions
      described in such certificate (which certification shall also state that such
      transactions, individually or in the aggregate, will be in compliance with
      the
      terms and conditions of this Agreement, including to the extent applicable
      Section 8.02
      and Section 8.03,
      and that no Event
      of Default existed, exists or will exist, as the case may be, immediately
      before, as a result of or immediately after giving effect to such transaction
      or
      transactions and termination), the Guarantor identified in such certification
      will no longer be a Subsidiary of Holdings.  Effective upon the
      consummation of the transaction or series of transactions described in such
      certificate, the Subsidiary identified in such certification shall thereupon
      automatically cease to be a Guarantor hereunder and shall cease to be a party
      hereto and shall thereupon automatically be released from its obligations under
      this Section 11.12
      and under the
      Security Agreement, and all Liens in favor of the Administrative Agent and
      the
      Lenders under the Collateral Documents in respect of the property of such
      Subsidiary shall thereupon terminate.  Holdings shall promptly
      notify
      the Administrative Agent of the consummation of any such transaction or series
      of transactions.  The Administrative Agent, on behalf of the
      Lenders,
      shall, at Holdings’ expense, execute and deliver such instruments as Holdings
      may reasonably request to evidence such release and Lien
      termination.

     

    11.13  Notification
      of
      Addresses, Lending Offices, Etc.  Each
      Lender shall notify the Administrative Agent in writing of any changes in the
      address to which notices to such Lender should be directed, of addresses of
      any
      Lending Office, of payment instructions in respect of all payments to be made
      to
      it hereunder and of such other administrative information as the Administrative
      Agent shall reasonably request.

     

    11.14  Counterparts.  This
      Agreement may be executed in any number of separate counterparts, each of which,
      when so executed, shall be deemed an original, and all of said counterparts
      taken together shall be deemed to constitute but one and the same
      instrument. 

     

    11.15  Severability.  The
      illegality or unenforceability of any provision of this Agreement or any
      instrument or agreement required hereunder shall not in any way affect or impair
      the legality or enforceability of the remaining provisions of this Agreement
      or
      any instrument or agreement required hereunder.

     

    11.16  No
      Third Parties
      Benefited.  This
      Agreement is made and entered into for the sole protection and legal benefit
      of
      Holdings, the Company, the Lenders, the Administrative Agent and the
      Administrative Agent-Related Persons, the Indemnified Persons and their
      permitted successors and assigns, and no other Person shall be a direct or
      indirect legal beneficiary of, or have any direct or indirect cause of action
      or
      claim in connection with, this Agreement or any of the other Loan
      Documents.

     

    
      
        
        

      

      
        115

        
          

        

      

      
        
        

      

    

    11.17  Governing
      Law
      and Jurisdiction.  (a)
      THIS AGREEMENT AND
      ANY NOTES SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF
      THE
      STATE OF CALIFORNIA; PROVIDED THAT THE ADMINISTRATIVE AGENT AND THE LENDERS
      SHALL RETAIN ALL RIGHTS ARISING UNDER FEDERAL LAW.

     

    (b)  ANY
      LEGAL ACTION OR
      PROCEEDING WITH RESPECT TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT MAY BE
      BROUGHT IN THE COURTS OF THE STATE OF CALIFORNIA OR OF THE UNITED STATES SITTING
      IN THE STATE OF CALIFORNIA, AND BY EXECUTION AND DELIVERY OF THIS AGREEMENT,
      EACH OF THE LOAN PARTIES, THE ADMINISTRATIVE AGENT AND THE LENDERS CONSENTS,
      FOR
      ITSELF AND IN RESPECT OF ITS PROPERTY, TO THE NON-EXCLUSIVE JURISDICTION OF
      THOSE COURTS.  EACH OF THE LOAN PARTIES, THE ADMINISTRATIVE AGENT
      AND
      THE LENDERS IRREVOCABLY WAIVES ANY OBJECTION, INCLUDING ANY OBJECTION TO THE
      LAYING OF VENUE OR BASED ON THE GROUNDS OF FORUM NON CONVENIENS, WHICH IT MAY
      NOW OR HEREAFTER HAVE TO THE BRINGING OF ANY ACTION OR PROCEEDING IN SUCH
      JURISDICTION IN RESPECT OF THIS AGREEMENT OR ANY DOCUMENT RELATED
      HERETO.  THE LOAN PARTIES, THE ADMINISTRATIVE AGENT AND THE LENDERS
      EACH WAIVE PERSONAL SERVICE OF ANY SUMMONS, COMPLAINT OR OTHER PROCESS, WHICH
      MAY BE MADE BY ANY OTHER MEANS PERMITTED BY CALIFORNIA LAW.

     

    (c)  Nothing
      contained
      in this section shall override any contrary provision contained in any Specified
      Swap Contract.

     

    11.18  Waiver
      of Jury
      Trial.  THE
      LOAN PARTIES, THE LENDERS AND THE ADMINISTRATIVE AGENT EACH WAIVE THEIR
      RESPECTIVE RIGHTS TO A TRIAL BY JURY OF ANY CLAIM OR CAUSE OF ACTION BASED
      UPON
      OR ARISING OUT OF OR RELATED TO THIS AGREEMENT, THE OTHER LOAN DOCUMENTS, OR
      THE
      TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY, IN ANY ACTION, PROCEEDING OR OTHER
      LITIGATION OF ANY TYPE BROUGHT BY ANY OF THE PARTIES AGAINST ANY OTHER PARTY
      OR
      ANY ADMINISTRATIVE AGENT-RELATED PERSON, PARTICIPANT OR ASSIGNEE, WHETHER WITH
      RESPECT TO CONTRACT CLAIMS, TORT CLAIMS, OR OTHERWISE.  THE LOAN
      PARTIES, THE LENDERS AND THE ADMINISTRATIVE AGENT EACH AGREE THAT ANY SUCH
      CLAIM
      OR CAUSE OF ACTION SHALL BE TRIED BY A COURT TRIAL WITHOUT A
      JURY.  WITHOUT LIMITING THE FOREGOING, THE PARTIES FURTHER AGREE
      THAT
      THEIR RESPECTIVE RIGHT TO A TRIAL BY JURY IS WAIVED BY OPERATION OF THIS SECTION
      AS TO ANY ACTION, COUNTERCLAIM OR OTHER PROCEEDING WHICH SEEKS, IN WHOLE OR
      IN
      PART, TO CHALLENGE THE VALIDITY OR ENFORCEABILITY OF THIS AGREEMENT OR THE
      OTHER
      LOAN DOCUMENTS OR ANY PROVISION HEREOF OR THEREOF.  THIS WAIVER
      SHALL
      APPLY TO ANY SUBSEQUENT AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS
      TO
      THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS.

     

    
      
        
        

      

      
        116

        
          

        

      

      
        
        

      

    

    11.19  Entire
      Agreement.  This
      Agreement, together with the other Loan Documents, embodies the entire agreement
      and understanding among the Loan Parties, the L/C Issuer, the Swingline Lender,
      the Lenders and the Administrative Agent, and supersedes all prior or
      contemporaneous agreements and understandings of such Persons, verbal or
      written, relating to the subject matter hereof and thereof.

     

    11.20  Treatment
      of
      Existing Credit Agreement.  On
      the
      Effective Date, all loans outstanding under the Existing Credit Agreement shall
      be purchased by the Lenders in accordance with Section 2.01,
      and all
      outstanding letters of credit issued under the Existing Credit Agreement shall
      be deemed to be Letters of Credit issued and outstanding under this Agreement
      (and all accrued unpaid fees thereon shall begin to accrue at the rates set
      forth in this Agreement).  On and after the Effective Date, this
      Agreement shall amend, restate and supersede in its entirety and replace the
      Existing Credit Agreement; provided,
however,
      that the
      execution and delivery of this Agreement and the other Loan Documents shall
      not
      (a) operate as a waiver of any right, power or remedy of the Existing Lenders
      under the Existing Credit Agreement and the other related documents, except
      to
      the extent expressly waived in this Agreement and the other Loan Documents,
      (b)
      extinguish, impair or constitute a novation of any obligations of Holdings
      or
      the Guarantors under the Existing Credit Agreement or the related documents
      except to the extent any such obligation is actually satisfied by Holdings
      or a
      Guarantor thereunder or (c) extinguish or impair any indemnification or similar
      rights under the Existing Credit Agreement which by their terms would survive
      the termination of the Existing Credit Agreement.  Promptly upon
      the
      closing of this Agreement and the receipt by the Lenders of their respective
      Notes, such Lenders that were also Existing Lenders under the Existing Credit
      Agreement shall return to Holdings any Notes delivered to such Existing Lender
      in connection with the Existing Credit Agreement marked
“cancelled”.

     

    (remainder
      of
      page intentionally left blank)

     

    
      
        
        

      

      
        117

        
          

        

      

      
        
        

      

    

    

    IN
      WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly
      executed and delivered in San Francisco, California, by their proper and duly
      authorized officers as of the day and year first above written.

     

    
      	 	 	 
	 	BUILDING
              MATERIALS HOLDING CORPORATION
	 
 	 
 	 
 
	 	By:  	/s/William
              M.
              Smartt
	 	 	
              

            
	 	Title:  
              	
              Senior
                Vice
                President - Chief Financial Officer

            
	 	
              

            

    

     

    
      	
            	 	 
	 	BMC
              WEST
              CORPORATION
	 
 	 
 	 
 
	 	By:  	/s/William M. Smartt
	 	 	
              

            
	 	Title:  
              	
              Senior
                Vice
                President - Chief Financial Officer

            
	 	
              

            

    

     

    
      	
            	 	 
	 	BMC
              WEST
              CORPORATION SOUTHCENTRAL
	 
 	 
 	 
 
	 	By:  	/s/William M. Smartt
	 	 	
              

            
	 	Title:  
              	
              Senior
                Vice
                President - Chief Financial Officer

            
	 	
              

            

    

     

    
      	
            	 	 
	 	
              BMCW
                SOUTHCENTRAL, L.P.

            
	 
 	 
 	 
 
	 	By:	BMC WEST CORPORATION 
SOUTHCENTRAL,
              its General Partner
	 	 	 
	 	By:  	/s/William M. Smartt
	 	 	
              

            
	 	Title:  
              	
              Senior
                Vice
                President - Chief Financial Officer

            
	 	
              

            

    

     

    
      	
            	 	 
	 	
              BMCW,
                LLC

            
	 
 	 
 	 
 
	 	By:	BMC
              WEST CORPORATION, 
its
              Sole
              Member
	 	 	 
	 	By:  	
              /s/Lesa
                D.
                Thomas

            
	 	 	
              

            
	 	Title:  
              	
              Manager

            
	 	
              

            

    

     

    
      
        
        

      

      
        Signature
          Page 1 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

    

     

    
      	
            	 	 
	 	BMC
              CONSTRUCTION, INC.
	 
 	 
 	 
 
	 	By:  	/s/William M. Smartt
	 	 	
              

            
	 	Title:  
              	
              Senior
                Vice
                President - Chief Financial Officer

            
	 	
              

            

    

     

    
      	
            	 	 
	 	
              KB
                INDUSTRIES
                LIMITED PARTNERSHIP

            
	 
 	 
 	 
 
	 	By:	BUILDING
              MATERIALS HOLDING 
CORPORATION,
              its General Partner
	 	 	 
	 	By:  	/s/William M. Smartt
	 	 	
              

            
	 	Title:  
              	
              Senior
                Vice
                President - Chief Financial Officer

            
	 	
              

            

    

     

    
      	
            	 	 
	 	
              
                VAUGHN
                  ROAD,
                  L.L.C.

              

            
	 
 	 
 	 
 
	 	By:	BMC
              WEST CORPORATION, 
its
              Sole
              Member
	 	 	 
	 	By:  	/s/William M. Smartt
	 	 	
              

            
	 	Title:  
              	
              Senior
                Vice
                President - Chief Financial Officer

            
	 	
              

            

    

     

    
      	
            	 	 
	 	
              KBI
                CONCRETE
                LLC 

            
	 
 	 
 	 
 
	 	By:	BMC
              CONSTRUCTION, INC., 
its
              Sole
              Member
	 	 	 
	 	By:  	/s/William M. Smartt
	 	 	
              

            
	 	Title:  
              	
              Senior
                Vice
                President - Chief Financial Officer

            
	 	
              

            

    

     

    
      
        
        

      

      
        Signature
          Page 2 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

    

     

     

    
      	
            	 	 
	 	
              TOTAL
                CONCRETE, L.L.C.

            
	 
 	 
 	 
 
	 	By:	
              KBI
                CONCRETE
                LLC

              Its: Sole Member

              By: 
                BMC CONSTRUCTION, INC.

              Its:
                Sole Member

            
	 	 	 
	 	By:  	/s/William M. Smartt
	 	 	
              

            
	 	Title:  
              	
              Senior
                Vice
                President - Chief Financial Officer

            
	 	
              

            

    

     

    
      	
            	 	 
	 	
              KBI
                CONSTRUCTION, LLC

            
	 
 	 
 	 
 
	 	By:	BMC CONSTRUCTION, INC., 
its
              Sole
              Member
	 	 	 
	 	By:  	/s/William M. Smartt
	 	 	
              

            
	 	Title:  
              	
              Senior
                Vice
                President - Chief Financial Officer

            
	 	
              

            

    

     

    
      	
            	 	 
	 	
              RJ
                NORCAL,
                LLC

            
	 
 	 
 	 
 
	 	By:	
              BMC CONSTRUCTION, INC., 
its
                Sole
                Member

            
	 	 	 
	 	By:  	/s/William M. Smartt
	 	 	
              

            
	 	Title:  
              	
              Senior
                Vice
                President - Chief Financial Officer

            
	 	
              

            

    

     

    
      	
            	 	 
	 	KBI NORCAL GENERAL PARTNERSHIP
	 
 	 
 	 
 
	 	By:	
              /s/William M.
                Smartt

            
	 	 	
              

              its General Partner
	 	 	 
	 	Title:  
              	
              Senior
                Vice
                President - Chief Financial Officer

            
	 	
              
                

              

              BMC
                CONSTRUCTION, INC., as sole member of each of 

              RJ
                NORCAL,
                LLC and VAUGHN ROAD, L.L.C., 

              General
                Partners of KBI NORCAL

            

    

     

    
      
        
        

      

      
        Signature
          Page 3 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

    

     

    
      	
            	 	 
	 	
              KBI
                NORCAL
                WINDOWS, INC.

            
	 
 	 
 	 
 
	 	By:  	
              /s/William M.
                Smartt

            
	 	 	
              

            
	 	Title:  
              	
              Senior
                Vice
                President - Chief Financial Officer

            
	 	
              

            

    

     

    
      	
            	 	 
	 	KBI STUCCO,
              INC.
	 
 	 
 	 
 
	 	By:  	
              /s/William M.
                Smartt

            
	 	 	
              

            
	 	Title:  
              	
              Senior
                Vice
                President - Chief Financial Officer

            
	 	
              

            

    

     

    
      
        
        

      

      
        Signature
          Page 4 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

    

     

    
      	
            	 	 
	 	WELLS
              FARGO
              BANK, NATIONAL 
ASSOCIATION,
	 
 	 
 	 
 
	 	as
              Administrative Agent, Co-Lead Arranger, Sole Book Runner, L/C Issuer,
              Swingline Lender, Revolving Lender and Term Lender
	 	 	
            
	 	 	 
	 	By:  	
              /s/Thomas
                M.
                Gloger

            
	 	 	
              

            
	 	Title:  
              	Vice
              President
	 	
              

            

    

    
 

    
      
        
        

      

      
        Signature
          Page 5 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

       

      
        	
              	 	 
	 	SUNTRUST
                BANK,
	 
 	 
 	 
 
	 	as
                Co-Lead
                Arranger, Syndication Agent, Revolving Lender and Term Lender
	 	 	
              
	 	 	 
	 	By:  	
                /s/Robert
                  Bugbee

              
	 	 	
                

              
	 	Title:	
                Director

              
	 	
                

              

      

    

     

     

    
      
        
        

      

      
        Signature
          Page 6 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

       

      
        	
              	 	 
	 	
                LASALLE
BANK,
                  NATIONAL ASSOCIATION,

              
	 
 	 
 	 
 
	 	as
                Co-Documentation Agent, Revolving Lender and Term Lender
	 	 	
              
	 	 	 
	 	By:  	
                /s/Lora
                  Backofen

              
	 	 	
                

              
	 	Title:  
                	
                First
                  Vice
                  President

              
	 	
                

              

      

    

     

    
      
        
        

      

      
        Signature
          Page 7 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

    

     

    
      
        	
              	 	 
	 	
                JPMORGAN
                  CHASE BANK, N.A.

              
	 
 	 
 	 
 
	 	as
                Co-Documentation Agent, Revolving Lender and Term Lender
	 	 	
              
	 	 	 
	 	By:  	
                /s/Sabir
                  Hashmy

              
	 	 	
                

              
	 	Title:  
                	
                Vice
                  President

              
	 	
                

              

      

    
      
        
        

      

      
        Signature
          Page 8 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

    

    
      	
            	 	 
	 	
              
                U.S.
                  BANK
                  NATIONAL ASSOCIATION,

              

            
	 
 	 
 	 
 
	 	as
              Co-Documentation Agent, Revolving Lender and Term Lender
	 	 	
            
	 	 	 
	 	By:  	
              /s/James
                W.
                Henken

            
	 	 	
              

            
	 	Title:   
              	
              Vice
                President

            
	 	
              

            

    

     

     

    
      
        
        

      

      
        Signature
          Page 9 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

    

     

     

    
      
        	
              	 	 
	 	
                COOPERATIEVE
                  CENTRALE RAIFFEISEN-BOERENLEENBANK B.A., “RABOBANK INTERNATIONAL”, NEW
                  YORK BRANCH,

              
	 
 	 
 	 
 
	 	as
                Revolving
                Lender and Term Lender
	 	 	
              
	 	 	 
	 	By:  	
                /s/Rebecca
                  O.
                  Morrow

              
	 	 	
                
                  

                

                Name:
                  Rebecca O.
                  Morrow

                Title:
                  Executive
                  Director

              
	 	 	 
	 	 	 
	 	Title:  
                	
                /s/R.
                  Clay
                  Jackson

              
	 	
                
                  

                

                Name:
                  R. Clay
                  Jackson

                Title:
                  Executive
                  Director

              

      

     

    
      
        
        

      

      
        Signature
          Page 10 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

    

     

    
      	
            	 	 
	 	
              SUMITOMO
                MITSUI BANKING CORPORATION,

            
	 
 	 
 	 
 
	 	as
              Revolving
              Lender and Term Lender
	 	 	 
	 	 	 
	 	By:  	
              /s/Yoshiharo
                Hyakutome

            
	 	 	
              
                

              

              Name:
                Yoshiharo
                Hyakutome

              Title:
                Joint
                General Manager

            

    

    
 

    
      
        
        

      

      
        Signature
          Page 11 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

       

      
        	
              	 	 
	 	
                HSBC
                  BANK
                  USA, NATIONAL
                  ASSOCIATION,

              
	 
 	 
 	 
 
	 	as
                Revolving
                Lender and Term Lender
	 	 	 
	 	 	 
	 	By:  	
                /s/Robert
                  P.
                  Reynolds

              
	 	 	
                
                  

                

                Name:
                  Robert P.
                  Reynolds

                Title:
                  VP & Sr.
                  Relationship Manager

              

      

    

     

    
      
        
        

      

      
        Signature
          Page 12 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

       

      
        	
              	 	 
	 	
                PNC
                  BANK,

              
	 
 	 
 	 
 
	 	as
                Revolving
                Lender and Term Lender
	 	 	 
	 	 	 
	 	By:  	
                /s/Luke
                  McElhinny

              
	 	 	
                
                  

                

                Name:
                  Luke
                  McElhinny

                Title:
                  Vice
                  President

              

      

    

     

    
      
        
        

      

      
        Signature
          Page 13 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

    

     

    
      
        	
              	 	 
	 	
                UNION
                  BANK OF
                  CALIFORNIA, N.A.,

              
	 
 	 
 	 
 
	 	as
                Revolving
                Lender and Term Lender
	 	 	 
	 	 	 
	 	By:  	
                /s/Kevin
                  Sullivan

              
	 	 	
                
                  

                

                 

              
	 	Title:   	
                Senior
                  Vice
                  President 

              
	 	 	
                

              

      

    
      
        
        

      

      
        Signature
          Page 14 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

       

      
        	
              	 	 
	 	
                
                  HARRIS,
                    N.A.,

                

              
	 
 	 
 	 
 
	 	as
                Revolving
                Lender and Term Lender
	 	 	
              
	 	 	 
	 	By:  	
                /s/Joann
                  Holman

              
	 	 	
                

              
	 	Title:  
                	
                Director

              
	 	
                

              

      

    

     

    
      
        
        

      

      
        Signature
          Page 15 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

    

     

    
      	
            	 	 
	 	
              
                BNP
                  PARIBAS,

              

            
	 
 	 
 	 
 
	 	as Revolving
              Lender
              and Term Lender
	 	 	 
	 	By:  	
              /s/Sandy
                Bertram

            
	 	 	
              

            
	 	Title:  
              	
              Vice
                President

            
	 	 	
              

            
	 	 	 
	 	 	 
	 	By:	
              /s/James
                McCann

            
	 	 	
              

            
	 	Title:   	
              Director

            
	 	 	
              

            

    

    
    

     

     

    
      
        
        

      

      
        Signature
          Page 16 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

    

     

    
      	
            	 	 
	 	
              
                WEST
                  COAST
                  BANK,

              

            
	 
 	 
 	 
 
	 	as
              Revolving
              Lender and Term Lender
	 	 	
            
	 	 	 
	 	By:  	
              /s/Tim
                Johnson

            
	 	 	
              

            
	 	Title:  
              	
              Vice
                President

            
	 	
              

            

    

    

    
      
        
        

      

      
        Signature
          Page 17 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

    

     

    
      
        	
              	 	 
	 	
                
                  GUARANTY
                    BANK,

                

              
	 
 	 
 	 
 
	 	as
                Revolving
                Lender and Term Lender
	 	 	
              
	 	 	 
	 	By:  	
                /s/Michael
                  Ansolabehere

              
	 	 	
                

              
	 	Title:  
                	
                Vice
                  President

              
	 	
                

              

      

      
         

        
          
            
            

          

          
            Signature
              Page 18 to Amended and Restated Credit Agreement

            
              

            

          

          
            
            

          

        

      

    

     

    
      
        	
              	 	 
	 	
                
                  COMERICA
                    WEST
                    INCORPORATED,

                

              
	 
 	 
 	 
 
	 	as
                Revolving
                Lender and Term Lender
	 	 	
              
	 	 	 
	 	By:  	
                /s/Don
                  R.
                  Carruth

              
	 	 	
                

              
	 	Title:  
                	
                Corporate
                  Banking Officer

              
	 	
                

              

      

    
      
        
        

      

      
        Signature
          Page 19 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

       

      
        	
              	 	 
	 	
                
                  WHITNEY
                    NATIONAL BANK,

                

              
	 
 	 
 	 
 
	 	as
                Revolving
                Lender and Term Lender
	 	 	
              
	 	 	 
	 	By:  	
                /s/Edgar
                  W.
                  Santa Cruz III

              
	 	 	
                

              
	 	Title:  
                	
                Vice
                  President

              
	 	
                

              

      

    

     

    
      
        
        

      

      
        Signature
          Page 20 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

    

     

    
      
        	
              	 	 
	 	
                
                  BANK
                    LEUMI
                    USA,

                

              
	 
 	 
 	 
 
	 	as
                Revolving
                Lender and Term Lender
	 	 	
              
	 	 	 
	 	By:  	
                /s/Jacques
                  V.
                  Delvoye

              
	 	 	
                

              
	 	Title:  
                	
                Vice
                  President

              
	 	
                

              

      

    
      
        
        

      

      
        Signature
          Page 21 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

    

     

    
      
        	
              	 	 
	 	Acknowledged
                and agreed to solely for the purposes of effecting the amendment
                and
                restatement of the Existing Credit Agreement
	 	 
	 	
                
                  GENERAL
                    ELECTRIC CAPITAL CORPORATION,

                

              
	 
 	 
 	 
 
	 	as
                a
                departing Revolving Lender and Term B Lender
	 	 	
              
	 	 	 
	 	By:  	
                /s/Lawrence
                  E. Ridgeway

              
	 	 	
                

              
	 	Title:  
                	Duly
                Authorized Signatory
	 	
                

              

      

    
      
        
        

      

      
        Signature
          Page 22 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

    

     

    
      	
            	 	 
	 	Acknowledged
              and agreed to solely for the purposes of effecting the amendment and
              restatement of the Existing Credit Agreement
	 	 
	 	
              
                IDB
                  BANK,

              

            
	 
 	 
 	 
 
	 	as
              a
              departing Revolving Lender and Term B Lender
	 	 	
            
	 	 	 
	 	By:  	
              /s/Lorraine
                Drasser

            
	 	 	
              

            
	 	Title:	
              First
                Vice
                President

            
	 	 	
              

            
	 	By:	
              /s/Ray
                Keenan

            
	 	 	
              

            
	 	Title:   	
              Vice
                President

            
	 	
              

               

    

    

    
      
        
        

      

      
        Signature
          Page 23 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

    

     

    
      	
            	 	 
	 	Acknowledged
              and agreed to solely for the purposes of effecting the amendment and
              restatement of the Existing Credit Agreement
	 	 
	 	
              
                PACIFICA
                  CDO
                  II,

              

            
	 
 	 
 	 
 
	 	as
              a
              departing Term B Lender
	 	 	
            
	 	 	 
	 	By:  	
              /s/Phil
                Otero

            
	 	 	
              

            
	 	Title:  
              	
              SVP

            
	 	
              

            

    

    

    
      
        
        

      

      
        Signature
          Page 24 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

    

     

    
      	
            	 	 
	 	Acknowledged
              and agreed to solely for the purposes of effecting the amendment and
              restatement of the Existing Credit Agreement
	 	 
	 	
              
                OPPENHEIMER
                  SENIOR
                  FLOATING RATE FUND,

              

            
	 
 	 
 	 
 
	 	as
              a
              departing Term B Lender
	 	 	
            
	 	 	 
	 	By:  	
              /s/Lisa
                Chaffee

            
	 	 	
              

            
	 	Title:  
              	
              AVP

            
	 	
              

            

    

     

    
      	
            	 	 
	 	
              
                HARBOURVIEW
                  CLO IV, LTD.,

              

            
	 
 	 
 	 
 
	 	as
              a
              departing Term B Lender
	 	 	
            
	 	 	 
	 	By:  	
              /s/Lisa
                Chaffee

            
	 	 	
              

            
	 	Title:	
              AVP

            
	 	
              

            

    

     

    
      	
            	 	 
	 	
              
                HARBOURVIEW
                  CLO V, LTD.,

              

            
	 
 	 
 	 
 
	 	as
              a
              departing Term B Lender
	 	 	
            
	 	 	 
	 	By:  	
              /s/Lisa
                Chaffee

            
	 	 	
              

            
	 	Title:	
              AVP

            
	 	
              

            

    

     

    
      
        
        

      

      
        Signature
          Page 25 to Amended and Restated Credit Agreement

        
          

        

      

      
        
        

      

    

     

    SCHEDULE 2.01(a)

     

    TERM
      A
      LOAN COMMITMENTS

     

    

      
        	
                Banks

              	
                Term A
                  Loan Commitment

              
	
                Wells
                  Fargo
                  Bank, National Association

              	
                $9,000,000

              
	
                SunTrust
                  Bank

              	
                $8,000,000

              
	
                JPMorgan
                  Chase Bank, N.A.

              	
                $6,000,000

              
	
                U.S.
                  Bank
                  National Association

              	
                $6,000,000

              
	
                Union
                  Bank of
                  California, N.A.

              	
                $6,000,000

              
	
                
                  Lasalle
                    Bank,
                    National Association

                

              	
                $6,000,000

              
	
                Cooperatieve
                  Centrale Raiffeisen-Boerenleenbank B.A., “Rabobank International”,
New
                  York Branch

              	
                $5,000,000

              
	
                Harris,
                  N.A.

              	
                $5,000,000

              
	
                Sumitomo
                  Mitsui Banking Corporation

              	
                $4,000,000

              
	
                BNP
                  Paribas

              	
                $4,000,000

              
	
                HSBC
                  Bank
                  USA, National
                  Association

              	
                $3,000,000

              
	
                PNC
                  Bank

              	
                $3,000,000

              
	
                West
                  Coast
                  Bank

              	
                $2,000,000

              
	
                Guaranty
                  Bank

              	
                $2,000,000

              
	
                Comerica
                  West
                  Incorporated

              	
                $2,000,000

              
	
                Whitney
                  National Bank

              	
                $2,000,000

              
	
                Bank
                  Leumi
                  USA

              	
                $2,000,000

              
	
                TOTAL

              	
                $75,000,000

              

      

    

    

     

    
      
        
        

      

      
        Schedule 2.01(a)
1

        
          

        

      

      
        
        

      

    

     

    SCHEDULE 2.01(c)

     

    REVOLVING
      LOAN COMMITMENTS AND PROPORTIONATE SHARES

     

    

      
        	
                Banks

              	
                Revolving
                  Commitment

              	
                Proportionate
                  Share

                (Revolving
                  Commitment)

              
	
                Wells
                  Fargo
                  Bank, National Association

              	
                $36,000,000

              	
                12.000000000%

              
	
                SunTrust
                  Bank

              	
                $32,000,000

              	
                10.666666667%

              
	
                
                  JPMorgan
                    Chase Bank, N.A.

                

              	
                $24,000,000

              	
                8.000000000%

              
	
                U.S.
                  Bank
                  National Association

              	
                $24,000,000

              	
                8.000000000%

              
	
                Union
                  Bank of
                  California, N.A.

              	
                $24,000,000

              	
                8.000000000%

              
	
                
                  Lasalle
                    Bank,
                    National Association

                

              	
                $24,000,000

              	
                8.000000000%

              
	
                Cooperatieve
                  Centrale Raiffeisen-Boerenleenbank B.A., “Rabobank International”, New
                  York Branch

              	
                $20,000,000

              	
                6.666666666%

              
	
                Harris,
                  N.A.

              	
                $20,000,000

              	
                6.666666666%

              
	
                Sumitomo
                  Mitsui Banking Corporation

              	
                $16,000,000

              	
                5.333333333%

              
	
                BNP
                  Paribas

              	
                $16,000,000

              	
                5.333333333%

              
	
                
                  HSBC
                    Bank
                    USA, National
                    Association

                

              	
                $12,000,000

              	
                4.000000000%

              
	
                PNC
                  Bank

              	
                $12,000,000

              	
                4.000000000%

              
	
                West
                  Coast
                  Bank

              	
                $8,000,000

              	
                2.666666667%

              
	
                Guaranty
                  Bank

              	
                $8,000,000

              	
                2.666666667%

              
	
                Comerica
                  West
                  Incorporated

              	
                $8,000,000

              	
                2.666666667%

              
	
                Whitney
                  National Bank

              	
                $8,000,000

              	
                2.666666667%

              
	
                Bank
                  Leumi
                  USA

              	
                $8,000,000

              	
                2.666666667%

              
	
                TOTAL

              	
                $300,000,000

              	
                100.000000000%

              

      

    

    

    
      
        
        

      

      
        
          Schedule 2.01(c)

          1

        

        
          

        

      

      
        
        

      

    

     

    SCHEDULE
      2.09(a)

     

    TERM
      A
      LOAN AMORTIZATION SCHEDULE

     

    

      
        	
                Date

              	
                %
                  of
                  Total Due

              	
                Payment
                  Due Based on Aggregate Term A Commitment as of Effective
                  Date

              	
                Payment
                  Due Assuming Advancement of Maximum Allowable Additional Term A
                  Loans
                  as of all Subsequent Effective Dates

              
	 	 	 	 
	
                9/30/05

              	
                0.00%

              	
                $0

              	
                $0

              
	
                12/31/05

              	
                0.00%

              	
                $0

              	
                $0

              
	 	 	 	 
	
                3/31/06

              	
                0.00%

              	
                $0

              	
                $0

              
	
                6/30/06

              	
                0.00%

              	
                $0

              	
                $0

              
	
                9/30/06

              	
                2.50%

              	
                $1,875,000

              	
                $5,625,000

              
	
                12/31/06

              	
                2.50%

              	
                $1,875,000

              	
                $5,625,000

              
	 	 	 	 
	
                3/31/07

              	
                2.50%

              	
                $1,875,000

              	
                $5,625,000

              
	
                6/30/07

              	
                2.50%

              	
                $1,875,000

              	
                $5,625,000

              
	
                9/30/07

              	
                2.50%

              	
                $1,875,000

              	
                $5,625,000

              
	
                12/31/07

              	
                2.50%

              	
                $1,875,000

              	
                $5,625,000

              
	 	 	 	 
	
                3/31/08

              	
                2.50%

              	
                $1,875,000

              	
                $5,625,000

              
	
                6/30/08

              	
                2.50%

              	
                $1,875,000

              	
                $5,625,000

              
	
                9/30/08

              	
                5.00%

              	
                $3,750,000

              	
                $11,250,000

              
	
                12/31/08

              	
                5.00%

              	
                $3,750,000

              	
                $11,250,000

              
	 	 	 	 
	
                3/31/09

              	
                5.00%

              	
                $3,750,000

              	
                $11,250,000

              
	
                6/30/09

              	
                5.00%

              	
                $3,750,000

              	
                $11,250,000

              
	
                9/30/09

              	
                6.67%

              	
                $5,000,000

              	
                $15,007,500

              
	
                12/31/09

              	
                6.67%

              	
                $5,000,000

              	
                $15,007,500

              
	 	 	 	 
	
                3/31/10

              	
                6.67%

              	
                $5,000,000

              	
                $15,007,500

              
	
                6/30/10

              	
                40.00%

              	
                $30,000,000

              	
                $90,000,000

              
	 	 	 	 
	 	
                100.00%

              	
                $75,000,000

              	
                $225,000,000

              

      

    

     

    
      
        
        

      

      
        
          Schedule
            2.09(a)

          1

        

        
          

        

      

      
        
        

      

    

    SCHEDULE
      2.09(b)

     

    TERM
      B
      LOAN AMORTIZATION SCHEDULE

     

    

      
        	
                Date

              	
                %
                  of
                  Total Due

              	
                Payment
                  Due Based on Aggregate Term B Commitment as of Effective
                  Date

              	
                Payment
                  Due Assuming Advancement of Maximum Allowable Additional Term B
                  Loans
                  as of Subsequent Effective Date

              
	 	 	 	 
	
                6/30/05

              	
                0.26%

              	
                $312,500

              	
                $709,312.50

              
	
                9/30/05

              	
                0.26%

              	
                $312,500

              	
                $709,312.50

              
	
                12/31/05

              	
                0.26%

              	
                $312,500

              	
                $709,312.50

              
	 	 	 	 
	
                3/31/06

              	
                0.26%

              	
                $312,500

              	
                $709,312.50

              
	
                6/30/06

              	
                0.26%

              	
                $312,500

              	
                $709,312.50

              
	
                9/30/06

              	
                0.26%

              	
                $312,500

              	
                $709,312.50

              
	
                12/31/06

              	
                0.26%

              	
                $312,500

              	
                $709,312.50

              
	 	 	 	 
	
                3/31/07

              	
                0.26%

              	
                $312,500

              	
                $709,312.50

              
	
                6/30/07

              	
                0.26%

              	
                $312,500

              	
                $709,312.50

              
	
                9/30/07

              	
                0.26%

              	
                $312,500

              	
                $709,312.50

              
	
                12/31/07

              	
                0.26%

              	
                $312,500

              	
                $709,312.50

              
	 	 	 	 
	
                3/31/08

              	
                0.26%

              	
                $312,500

              	
                $709,312.50

              
	
                6/30/08

              	
                0.26%

              	
                $312,500

              	
                $709,312.50

              
	
                9/30/08

              	
                0.26%

              	
                $312,500

              	
                $709,312.50

              
	
                12/31/08

              	
                0.26%

              	
                $312,500

              	
                $709,312.50

              
	 	 	 	 
	
                3/31/09

              	
                0.26%

              	
                $312,500

              	
                $709,312.50

              
	
                6/30/09

              	
                0.26%

              	
                $312,500

              	
                $709,312.50

              
	
                9/30/09

              	
                23.9%

              	
                $29,375,000

              	
                $65,202,187.50

              
	
                12/31/09

              	
                23.9%

              	
                $29,375,000

              	
                $65,202,187.50

              
	 	 	 	 
	
                3/31/10

              	
                23.9%

              	
                $29,375,000

              	
                $65,202,187.50

              
	
                6/30/10

              	
                23.9%

              	
                $29,375,000

              	
                $65,202,187.50

              
	 	 	 	 
	 	
                100.00%

              	
                $122,812,500

              	
                $272,812,500

              

      

    

    

    
      
        
        

      

      
        
          Schedule
            2.09(b)

          1

        

        
          

        

      

      
        
        

      

    

     

    SCHEDULE
      11.02

     

    PAYMENT
      OFFICES;
      ADDRESSES FOR NOTICES;

    LENDING
      OFFICES

     

    BUILDING
      MATERIALS HOLDING CORPORATION

     

    Address
      for
      Notices:

     

    Building
      Materials
      Holding Corporation

    Four
      Embarcadero
      Center, Suite 3250

    San
      Francisco, CA
      94111

    Attention:
      William
      M. Smartt, Senior Vice President and Chief Financial Officer

    Telephone:
      (415)
      627-9100

    Facsimile:
      (415)
      627-9119

    Email:
      smartt@bmhc.com

     

    With
      a copy
      to:

     

    Paul
      S. Street,
      Esq.

    Senior
      Vice
      President, Chief Administrative Officer, General Counsel & Corporate
      Secretary

    Building
      Materials
      Holding Corporation

    720
      Park Boulevard,
      Suite 200

    P.O.
      Box
      70006

    Boise,
      ID
      83707

    Telephone:
      (208)
      331-4381

    Facsimile:
      (208)
      331-4477

    Email:
      street@bmhc.com

     

    Mark
      R.
      Kailer

    Vice
      President and
      Treasurer

    Building
      Materials
      Holding Corporation

    Four
      Embarcadero
      Center, Suite 3250

    San
      Francisco, CA
      94111

    Telephone:
      (415)
      627-9195

    Facsimile:
      (415)
      627-9119

    Email:
kailer@bmhc.com

     

    
      
        
        

      

      
        
          Schedule
            11.02

          1

        

        
          

        

      

      
        
        

      

    

    GUARANTORS

     

    Address
      for
      Notices:

     

    c/o
Building
      Materials
      Holding Corporation

    Four
      Embarcadero
      Center, Suite 3250

    San
      Francisco, CA
      94111

    Attention:
      William
      M. Smartt, Senior Vice President and Chief Financial Officer

    Telephone:
      (415)
      627-9100

    Facsimile:
      (415)
      627-9119

    Email:
      smartt@bmhc.com

     

    With
      a copy
      to:

     

    Paul
      S. Street,
      Esq.

    Senior
      Vice
      President, Chief Administrative Officer, General Counsel & Corporate
      Secretary

    Building
      Materials
      Holding Corporation

    720
      Park Boulevard,
      Suite 200

    P.O.
      Box
      70006

    Boise,
      ID
      83707

    Telephone:
      (208)
      331-4381

    Facsimile:
      (208)
      331-4477

    Email:
      street@bmhc.com

     

    Mark
      R.
      Kailer

    Vice
      President and
      Treasurer

    Building
      Materials
      Holding Corporation

    Four
      Embarcadero
      Center, Suite 3250

    San
      Francisco, CA
      94111

    Telephone:
      (415)
      627-9195

    Facsimile:
      (415)
      627-9119

    Email:
      kailer@bmhc.com

     

    WELLS
      FARGO
      BANK, NATIONAL ASSOCIATION, as Administrative Agent

     

    Notices
      for
      Borrowing, Conversions/Continuations, and Payments:

     

    Wells
      Fargo Bank,
      National Association

    201
      Third Street,
      8th Floor

    MAC
      A0187-081

    San
      Francisco, CA
      94103

    Attention:
      Thomas
      Priftis

    Telephone:
      (415)
      477-5443

    Facsimile:
      (415)
      546-6353

    Email:
      priftist@wellsfargo.com

     

    
      
        
        

      

      
        
          Schedule
            11.02

          2

        

        
          

        

      

      
        
        

      

    

    Other
      Notices:

     

    Wells
      Fargo Bank,
      National Association

    420
      Montgomery
      Street

    MAC
      A0101-096

    San
      Francisco, CA
      94104

    Attention:
      Thomas
      (Max) Gloger

    Telephone:
      (415)
      396-5939

    Facsimile:
      (415)
      421-1352

    Email:
      glogert@wellsfargo.com

     

    Administrative
      Agent’s Payment Office:

     

    Wells
      Fargo Bank,
      National Association

    201
      Third Street,
      8th Floor

    MAC
      A0187-081

    San
      Francisco, CA
      94103

    Attention:
      Thomas
      Priftis

    Reference:
      Building
      Materials Holding

    For
      credit to Acct.
      No.  41219-02167

    ABA
      No.  121000248

     

    WELLS
      FARGO
      BANK, NATIONAL ASSOCIATION, as L/C Issuer

     

    Address
      for
      Notices:

     

    Wells
      Fargo Bank,
      National Association

    420
      Montgomery
      Street

    MAC
      A0101-096

    San
      Francisco, CA
      94104

    Attention:
      Thomas
      Gloger

    Telephone:
      (415)
      396-5939

    Facsimile:
      (415)
      421-1352

    Email:
      glogert@wellsfargo.com

     

    WELLS
      FARGO
      BANK, NATIONAL ASSOCIATION, as Swingline Bank

     

    Domestic
      and
      Offshore Lending Office:

     

    Wells
      Fargo Bank,
      National Association

    201
      Third Street,
      8th Floor

    |MAC
      A0187-081

    San
      Francisco, CA
      94103

    Attention:
      Thomas
      Priftis

    Telephone:
      (415)
      477-5339

    Facsimile:
      (415)
      546-6353

    Email:
      priftist@wellsfargo.com

     

    
      
        
        

      

      
        
          Schedule
            11.02

          3

        

        
          

        

      

      
        
        

      

    

    WELLS
      FARGO BANK,
      NATIONAL ASSOCIATION,

    as
      a Revolving
      Lender and a Term Lender

     

    Domestic
      and
      Offshore Lending Office:

     

    Wells
      Fargo Bank,
      National Association

    201
      Third Street,
      8th Floor

    MAC
      A0187-081

    San
      Francisco, CA
      94103

    Attention:
      Thomas
      Priftis

    Telephone:
      (415)
      477-5339

    Facsimile:
      (415)
      546-6353

    Email:
priftist@wellsfargo.com

     

    Notices
      (other than
      Borrowing Notices and Notices of Conversion/Continuation):

     

    Wells
      Fargo Bank,
      National Association

    420
      Montgomery
      Street

    MAC
      A0101-096

    San
      Francisco, CA
      94104

    Attention:
      Thomas
      Gloger

    Telephone:
      (415)
      396-5939

    Facsimile:
      (415)
      421-1352

    Email:
glogert@wellsfargo.com

    

    
      
        
        

      

      
        
          Schedule
            11.02

          4

        

        
          

        

      

      
        
        

      

    

    

    SUNTRUST
      BANK

     

    Domestic
      and
      Offshore Lending Office:

     

    SunTrust
      Bank

    303
      Peachtree
      Street, NE, 10th
      Floor

    Atlanta,
      GA
      30308

    Attention: Robert
      Bugbee

    Telephone: (404)
      658-4030

    Facsimile: (404)
      658-4905

    Email: robert.bugbee@suntrust.com

     

    Notices
      (other than
      Borrowing Notices and Notices of Conversion/Continuation):

     

    SunTrust
      Bank

    303
      Peachtree
      Street, NE, 10th
      Floor

    Atlanta,
      GA
      30308

    Attention: Robert
      Bugbee

    Telephone: (404)
      658-4030

    Facsimile: (404)
      658-4905

    Email: robert.bugbee@suntrust.com

     

    
      
        
        

      

      
        
          Schedule
            11.02

          5

        

        
          

        

      

      
        
        

      

    

    

    COOPERATIEVE
      CENTRALE RAIFFEISIN-BOERENLEENBANK B.A.,

    “RABOBANK
      INTERNATIONAL” NEW YORK BRANCH

     

    Domestic
      and
      Offshore Lending Office:

     

    Rabo
      Support
      Services, Inc.

    10
      Exchange Place, 18th
      Floor

    Jersey
      City, NJ
      07302

     

    Notices
      (other than
      Borrowing Notices and Notices of Conversion/Continuation):

     

    Cooperatieve
      Centrale Raiffeisin-Boerenleenbank B.A.,

    “Rabobank
      International” New York Branch

    4
      Embarcadero Center, Suite 3200

    San
      Francisco, CA
      94111

    Attention: Clay
      Jackson

    Telephone: (415)
      782-9819

    Facsimile: (415)
      986-8349

    Email: clay.jackson@rabobank.com

     

    
      
        
        

      

      
        
          Schedule
            11.02

          6

        

        
          

        

      

      
        
        

      

    

    

    SUMITOMO
      MITSUI
      BANKING CORPORATION

     

    Domestic
      and
      Offshore Lending Office:

     

    Sumitomo
      Mitsui
      Banking Corporation

    777
      South Figueroa
      Street, Suite 2600

    Los
      Angeles, CA
      90017-5824

    Attention: CBDA-II,
      Stephen
      Mras

    Telephone: (213)
      955-0863

    Facsimile: (213)
      623-6832

    Email: stephen_mras@smbcgroup.com

     

    Notices
      (other than
      Borrowing Notices and Notices of Conversion/Continuation):

     

    Sumitomo
      Mitsui
      Banking Corporation

    777
      South Figueroa
      Street, Suite 2600

    Los
      Angeles, CA
      90017-5824

    Attention: CBDA-II,
      Stephen
      Mras

    Telephone: (213)
      955-0863

    Facsimile: (213)
      623-6832

    Email: stephen_mras@smbcgroup.com

     

    
      
        
        

      

      
        
          Schedule
            11.02

          7

        

        
          

        

      

      
        
        

      

    

    

    HSBC
      BANK USA,
NATIONAL
      ASSOCIATION

     

    Domestic
      and
      Offshore Lending Office:

     

    HSBC
      Bank USA,
National
      Association

    601
      Montgomery
      Street, #1000

    San
      Francisco, CA
      94111

    Attention: Robert
      Reynolds

    Telephone: (415)
      678-3867

    Facsimile: (415)
      678-3860

    Email: robert.p.reynolds@us.hsbc.com

     

    Notices
      (other than
      Borrowing Notices and Notices of Conversion/Continuation):

     

    HSBC
      Bank USA,
National
      Association

    601
      Montgomery
      Street, #1000

    San
      Francisco, CA
      94111

    Attention: Robert
      Reynolds

    Telephone: (415)
      678-3867

    Facsimile: (415)
      678-3860

    Email: robert.p.reynolds@us.hsbc.com

     

    

    
      
        
        

      

      
        
          Schedule
            11.02

          8

        

        
          

        

      

      
        
        

      

    

    

    PNC
      BANK

     

    Domestic
      and
      Offshore Lending Office:

     

    PNC
      Bank

    One
      PNC
      Plaza

    249
      Fifth
      Avenue

    Pittsburgh,
      PA
      15222

    Attention: Luke
      McElhinny

    Telephone: (412)
      768-9756

    Facsimile: (412)
      768-9259

    Email: Luke.McElhinny@PNC.com

     

    Notices
      (other than
      Borrowing Notices and Notices of Conversion/Continuation):

     

    PNC
      Bank

    One
      PNC
      Plaza

    249
      Fifth
      Avenue

    Pittsburgh,
      PA
      15222

    Attention: Luke
      McElhinny

    Telephone: (412)
      768-9756

    Facsimile: (412)
      768-9259

    Email: Luke.McElhinny@PNC.com

     

    
      
        
        

      

      
        
          Schedule
            11.02

          9

        

        
          

        

      

      
        
        

      

    

     

    JPMORGAN
      CHASE
      BANK, N.A.

     

    Domestic
      and
      Offshore Lending Office:

     

    JPMorgan
      Chase
      Bank, N.A.

    1411
      Broadway,
      5th
      Fl.

    New
      York, NY
      10018

     

    Notices
      (other than
      Borrowing Notices and Notices of Conversion/Continuation):

     

    JPMorgan
      Chase
      Bank, N.A.

    131
      So. Dearborn,
      6th
      Floor

    Chicago,
      IL
      60603

    Attention: Sabir
      Hashmy

    Telephone: (312)
      325-3222

    Facsimile: (312)
      325-3239

    Email: Sabir.hashmy@chase.com

     

    
      
        
        

      

      
        
          Schedule
            11.02

          10

        

        
          

        

      

      
        
        

      

    

    

    U.S.
      BANK
      NATIONAL ASSOCIATION

     

    Domestic
      and
      Offshore Lending Office:

    101
      S. Capitol
      Blvd., Suite 807

    Boise,
      ID
      83702

    Attention:
      James W.
      Henken

    Telephone:
      (208)
      383-7823

    Facsimile:
      (208)
      383-7574

    Email:
      james.henken@usbank.com

     

    Notices
      (other than
      Borrowing Notices and Notices of Conversion/Continuation):

    

    U.S.
      Bank National
      Association

    101
      S. Capitol
      Blvd., Suite 807

    Boise,
      ID
      83702

    Attention:
      James W.
      Henken

    Telephone:
      (208)
      383-7823

    Facsimile:
      (208)
      383-7574

    Email:
james.henken@usbank.com

     

    
      
        
        

      

      
        
          Schedule
            11.02

          11

        

        
          

        

      

      
        
        

      

    

    

    UNION
      BANK OF
      CALIFORNIA, N.A.

     

    Domestic
      and
      Offshore Lending Office:

     

    Union
      Bank of
      California, N.A.

    1980
      Saturn
      Street

    Monterey
      Park, CA
      91755

    Attention:
      Shirley
      Davis

    Telephone:
      (323)
      720-2870

    Facsimile:
      (323)
      724-6198

     

     

    Notices
      (other than
      Borrowing Notices and Notices of Conversion/Continuation):

    

    Union
      Bank of
      California, N.A.

    350
      California
      Street, 10th Floor

    San
      Francisco, CA
      94104

    Attention:
      Alan J.
      LeClair

    Telephone:
      (415)
      705-7185

    Facsimile:
      (415)
      705-7111

     

    
      
        
        

      

      
        
          Schedule
            11.02

          12

        

        
          

        

      

      
        
        

      

    

    

     

    LASALLE
BANK,
      NATIONAL
      ASSOCIATION

     

    Domestic
      and
      Offshore Lending Office:

     

    LaSalle
Bank,
      National
      Association
      135
        S. LaSalle,
        Suite 425

    

    Chicago,
      IL
      60603

    Attention:
      Susan
      Hamilton

    Telephone:
      (312)
      904-0742

    Facsimile:
      (312)
      904-6450

    Email:
      susan.hamilton@abnamro.com

     

    Notices
      (other than
      Borrowing Notices and Notices of Conversion/Continuation):

    

    LaSalle
Bank,
      National
      Association

    135
      S. LaSalle,
      Suite 425

    Chicago,
      IL
      60603

    Attention:
      Susan
      Hamilton

    Telephone:
      (312)
      904-0742

    Facsimile:
      (312)
      904-6450

    Email:
      susan.hamilton@abnamro.com

    

    
      
        
        

      

      
        
          Schedule
            11.02

          13

        

        
          

        

      

      
        
        

      

    

    

    HARRIS,
      N.A.

     

    Domestic
      and
      Offshore Lending Office:

     

    Harris,
      N.A.

    111
      W. Monroe
      Street

    Chicago,
      IL
      60603

    Attention:
      Isabella
      Battista

    Telephone:
      (312)
      293-8458

    Facsimile:
      (312)
      293-5852

    Email:
      isabella.battista@harrisnesbitt.com

     

    Notices
      (other than
      Borrowing Notices and Notices of Conversion/Continuation):

    

    
      Harris,
        N.A.

    

    111
      W. Monroe
      Street

    Chicago,
      IL
      60603

    Attention:
      Isabella
      Battista

    Telephone:
      (312)
      293-8458

    Facsimile:
      (312)
      293-5852

    Email:
      isabella.battista@harrisnesbitt.com

     

    
      
        
        

      

      
        
          Schedule
            11.02

          14

        

        
          

        

      

      
        
        

      

    

     

    BNP
      PARIBAS

     

    Domestic
      and
      Offshore Lending Office:

     

    BNP
      Paribas

    San
      Francisco
      Branch

    One
      Front Street,
      23rd Floor

    San
      Francisco, CA
      94111

    Attention:
      Patricia
      Boussaroque

    Telephone:
      (415)
      772-1343

    Facsimile:
      (415)
      398-8462

    Email:
      patricia.boussaroque@americas.bnpparibas.com

     

    Notices
      (other than
      Borrowing Notices and Notices of Conversion/Continuation):

    

    BNP
      Paribas

    San
      Francisco
      Branch

    One
      Front Street,
      23rd Floor

    San
      Francisco, CA
      94111

    Attention:
      Patricia
      Boussaroque

    Telephone:
      (415)
      772-1343

    Facsimile:
      (415)
      398-8462

    Email:
      patricia.boussaroque@americas.bnpparibas.com

     

    
      
        
        

      

      
        
          Schedule
            11.02

          15

        

        
          

        

      

      
        
        

      

    

     

    WEST
      COAST
      BANK

     

    Domestic
      and
      Offshore Lending Office:

     

    West
      Coast
      Bank

    301
      Church Street
      NE 

    P.O.
      Box
      428

    Salem,
      OR
      97308

    Attention:
      Tim
      Johnson

    Telephone:
      (503)
      399-2951

    Facsimile:
      (503)
      399-3937

    Email:
      johnsont@wcb.com

     

    Notices
      (other than
      Borrowing Notices and Notices of Conversion/Continuation):

    

    West
      Coast
      Bank

    301
      Church Street
      NE

    P.O.
      Box
      428

    Salem,
      OR
      97308

    Attention:
      Tim
      Johnson

    Telephone:
      (503)
      399-2951

    Facsimile:
      (503)
      399-3937

    Email:
      johnsont@wcb.com

     

    
      
        
        

      

      
        
          Schedule
            11.02

          16

        

        
          

        

      

      
        
        

      

    

     

    GUARANTY
      BANK

     

    Domestic
      and
      Offshore Lending Office:

     

    Guaranty
      Bank

    
      8333
        Douglas
        Avenue

      Dallas,
        TX
        75225

      Attention: Michael
        Ansolabehere

      Telephone:
        (214)
360-8966

      Facsimile:
        (214)
360-8908

      Email:
michael.ansolabehere@guarantygroup.com

       

    

    Notices
      (other than
      Borrowing Notices and Notices of Conversion/Continuation):

    

    Guaranty
      Bank

    8333
      Douglas
      Avenue
      Dallas,
        TX
        75225

      Attention: Michael
        Ansolabehere

      Telephone:
        (214)
360-8966

      Facsimile:
        (214)
360-8908

      Email:
michael.ansolabehere@guarantygroup.com

       

    

    
      
        
        

      

      
        
          Schedule
            11.02

          17

        

        
          

        

      

      
        
        

      

    

     

    COMERICA
      WEST
      INCORPORATED

     

    Domestic
      and
      Offshore Lending Office:

     

    Comerica
      West
      Incorporated

    3980
      Howard Hughes
      Pkwy, Suite 350

    Las
      Vegas, NV
      89109

    Attention:
      Regina
      McGuire

    Telephone:
      (702)
      791-4804

    Facsimile:
      (702)
      791-2371

    Email:
      rmcguire@comerica.com

     

    Notices
      (other than
      Borrowing Notices and Notices of Conversion/Continuation):

    

    Comerica
      West
      Incorporated

    611
      Anton
      Boulevard, Suite 400, mail code 4462

    Costa
      Mesa, CA
      92626

    Attention:
      Don R.
      Carruth

    Telephone:
      (714)
      433-3232

    Facsimile:
      (714)
      433-3236

    Email:
      drcarruth@comerica.com

     

    
      
        
        

      

      
        
          Schedule
            11.02

          18

        

        
          

        

      

      
        
        

      

    

     

    WHITNEY
      NATIONAL
      BANK

     

    Domestic
      and
      Offshore Lending Office:

     

    Whitney
      National
      Bank

    228
      St. Charles
      Avenue

    New
      Orleans, LA
      70130

    Attention:
      Edgar Santa
      Cruz

    Telephone:
      (504)
      552-4760

    Facsimile:
      (504)
      552-4622

    Email:
      esantacruz@whitneybank.com

     

    Notices
      (other than
      Borrowing Notices and Notices of Conversion/Continuation):

    

    Whitney
      National
      Bank

    228
      St. Charles
      Avenue

    New
      Orleans, LA
      70130

    Attention:
      Edgar Santa
      Cruz

    Telephone:
      (504)
      552-4760

    Facsimile:
      (504)
      552-4622

    Email:
      esantacruz@whitneybank.com

     

    
      
        
        

      

      
        
          Schedule
            11.02

          19

        

        
          

        

      

      
        
        

      

    

     

    BANK
      LEUMI
      USA

     

    Domestic
      and
      Offshore Lending Office:

     

    Bank
      Leumi
      USA

    420
      Lexington
      Avenue, 10th Floor

    New
      York, NY
      10170

     

     

    Notices
      (other than
      Borrowing Notices and Notices of Conversion/Continuation):

    

    Bank
      Leumi
      USA

    2247
      S. Beverly
      Drive

    Beverly
      Hills, CA
      90211

    Attention:
      Jacques
      Delvoye

    Telephone:
      (323)
      966-4727

    Facsimile:
      (323)
      966-4248

    Email:
      delvoyej@bankleumiusa.com

     

    
      
        
        

      

      
        
          Schedule
            11.02

          20

        

        
          

        

      

      
        
        

      

    

     

    
      ANNEX
        I

    

     

    PRICING
      GRID

     

    The
      Applicable
      Margin for Revolving Loans, Term A Loans and the Applicable Fee Amount
      for
      any day shall be the amount per annum set forth below based on the EBITDA Ratio
      set forth in the most recently delivered Compliance Certificate delivered by
      Holdings pursuant to Section 7.02(c)
      of the Credit
      Agreement.  Changes in the Applicable Margin for Revolving Loans,
      Term A Loans and the Applicable Fee Amount resulting from a change in
      the
      EBITDA Ratio shall become effective on the date of delivery by Holdings to
      the
      Administrative Agent of a new Compliance Certificate pursuant to Section 7.02(c).  If
      Holdings shall fail to deliver a Compliance Certificate and accompanying
      financial statements within the number of days after the end of any fiscal
      quarter or fiscal year as required pursuant to Section 7.02(c),
      the parties agree
      that the Applicable Margin and the Applicable Fee Amount shall be fixed at
      Level
      5 until such time as Holdings delivers such new Compliance Certificate and
      accompanying financial statements pursuant to Section 7.02(c).

     

    
      	
               

              Level

               

            	
               

              EBITDA
                Ratio

               

            	
               

              Offshore
                Rate
Spread

               

            	
               

              Base
                Rate
Spread

               

            	
               

              Letter
                of
Credit Fee

               

            	
               

              Commitment
Fee

               

            
	
               

              Level
                5

               

            	
               

              greater
                than
                or equal to 3.00:1.00

               

            	
               

              2.000%

               

            	
               

              0.750%

               

            	
               

              2.000%

               

            	
               

              0.375%

               

            
	
               

              Level
                4

               

            	
               

              greater
                than
                or equal to 2.50:1.00 but less than 3.00:1.00

               

            	
               

              1.625%

               

            	
               

              0.375%

               

            	
               

              1.625%

               

            	
               

              0.300%

               

            
	
               

              Level
                3

               

            	
               

              greater
                than
                or equal to 2.00:1.00 but less than 2.50:1.00

               

            	
               

              1.250%

               

            	
               

              0.000%

               

            	
               

              1.250%

               

            	
               

              0.250%

               

            
	
               

              Level
                2

               

            	
               

              greater
                than
                or equal to 1.50:1.00 but less than 2.00:1.00

               

            	
               

              1.000%

               

            	
               

              0.000%

               

            	
               

              1.000%

               

            	
               

              0.200%

               

            
	
               

              Level
                1

               

            	
               

              less
                than
                1.50:1.00

               

            	
               

              0.750%

               

            	
               

              0.000%

               

            	
               

              0.750%

               

            	
               

              0.175%

               

            

    

    
 

    
      
        
        

      

      
        
          Annex
            I
1

        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      A-1

     

    Date:
      ____________________

     

    FORM
      OF NOTICE
      OF REVOLVING BORROWING

     

    
      	
              To:

            	
              Wells
                Fargo
                Bank,

              National
                Association,

              as
                Administrative
                Agent

            

    

     

    Ladies
      and
      Gentlemen:

     

    The
      undersigned,
      Building Materials Holding Corporation (“Holdings”),
      refers to the
      Amended and Restated Credit Agreement, dated as of June 30, 2005 (as extended,
      renewed, amended or restated from time to time, the “Credit
      Agreement”),
      among Holdings,
      BMC West Corporation (the “Company”)
      and certain
      other affiliates of Holdings, as guarantors, SunTrust Bank, as Co-Lead Arranger
      and Syndication Agent, JPMorgan Chase Bank, N.A., as Co-Documentation Agent,
      Lasalle
      Bank,
      National Association, as Co-Documentation Agent, U.S. Bank National
      Association, as Co-Documentation Agent, the several financial institutions
      from
      time to time party thereto (the “Lenders”)
      and Wells Fargo
      Bank, National Association, as Co-Lead Arranger, as issuing bank of certain
      letters of credit (in such capacity, the “L/C
      Issuer”),
      as Swingline
      Lender and as administrative agent (in such capacity, the “Administrative
      Agent”),
      the terms
      defined therein being used herein as therein defined, and hereby gives you
      notice irrevocably, pursuant to Section
      2.03
      of the Credit
      Agreement, of the Borrowing specified below:

     

    1.    The
      Business Day of
      the proposed Borrowing is __________.

     

    2.    The
      aggregate
      amount of the proposed Borrowing is $______.

     

    3.    The
      Borrowing is to
      be comprised of $ ______ of [Base Rate Loans][Offshore Rate Loans].

     

    4.    [The
      duration of
      the Interest Period for the Offshore Rate Loans included in the Borrowing shall
      be ____ months.]

     

    The
      undersigned
      hereby certifies that the following statements are true on the date hereof,
      and
      will be true on the date of the proposed Borrowing, before and after giving
      effect thereto and to the application of the proceeds therefrom:

     

    (a)   the
      representations
      and warranties of Holdings contained in Article
      VI
      of the Credit Agreement are true and correct as though made on and as of such
      date, except to the extent such representations and warranties expressly refer
      to an earlier date, in which case they are true and correct as of such date,
      and
      except that this notice shall be deemed instead to refer to the last day of
      the
      most recent fiscal year and fiscal quarter for which financial statements have
      then been delivered in respect of the representation and warranty made in
Section
      6.11(a)
      of the Credit
      Agreement;

     

    
      
        
        

      

      
        
          Exhibit
            A-1

          1

        

        
          

        

      

      
        
        

      

    

    (b)   no
      Default or Event
      of Default has occurred and is continuing, or would result from such proposed
      Borrowing;

     

    (c)   there
      has occurred
      since December 31, 2004, no event or circumstance that has resulted or could
      reasonably be expected to result in a Material Adverse Effect; and

     

    (d)   after
      giving effect
      to the proposed Borrowing, the Effective Amount of all outstanding Revolving
      Loans plus
      the Effective
      Amount of all outstanding Swingline Loans plus
      the Effective
      Amount of all L/C Obligations shall not exceed the Aggregate Revolving
      Commitment.

     

    
      	 	 	 
	 	BUILDING
              MATERIALS HOLDING CORPORATION
	 
 	 
 	 
 
	 	By:  	 
	 	
              

              Title 
	 	 

    

     

    
      
        
        

      

      
        
          Exhibit
            A-1

          2

        

        
          

        

      

      
        
        

      

    

    
EXHIBIT
      A-2

     

    Date:
      ____________________

     

    FORM
      OF NOTICE
      OF TERM LOAN BORROWING

     

    
      	
              To:

            	
              Wells
                Fargo
                Bank,

              National
                Association,

              as
                Administrative Agent

            

    

     

    Ladies
      and
      Gentlemen:

     

    The
      undersigned,
      Building Materials Holding Corporation (“Holdings”),
      refers to the
      Amended and Restated Credit Agreement, dated as of June 30, 2005 (as extended,
      renewed, amended or restated from time to time, the “Credit
      Agreement”),
      among Holdings,
      BMC West Corporation (the “Company”)
      and certain
      other affiliates of Holdings, as guarantors, SunTrust Bank, as Co-Lead Arranger
      and Syndication Agent, JPMorgan Chase Bank, N.A., as Co-Documentation
      Agent, Lasalle
      Bank,
      National Association, as Co-Documentation Agent, U.S. Bank National
      Association, as Co-Documentation Agent, the several financial institutions
      from
      time to time party thereto (the “Lenders”)
      and Wells Fargo
      Bank, National Association, as Co-Lead Arranger, as issuing bank of certain
      letters of credit (in such capacity, the “L/C
      Issuer”),
      as Swingline
      Lender and as administrative agent (in such capacity, the “Administrative
      Agent”),
      the terms
      defined therein being used herein as therein defined, and hereby gives you
      notice irrevocably, pursuant to Section 2.03 of the Credit Agreement, of the
      Borrowing specified below:

     

    1.    The
      Business Day of
      the proposed Borrowing is __________.

     

    2.    The
      aggregate
      amount of the proposed Borrowing is [$______ of Term A Loans] [$______ of Term
      B
      Loans].

     

    3.    The
      Borrowing is to
      be comprised of $______ of [Base Rate Loans][Offshore Rate Loans].

     

    4.    [The
      duration of
      the Interest Period for the Offshore Rate Loans included in the Borrowing shall
      be ____ months.]

     

    The
      undersigned
      hereby certifies that the following statements are true on the date hereof,
      and
      will be true on the date of the proposed Borrowing, before and after giving
      effect thereto and to the application of the proceeds therefrom:

     

    (a)   the
      representations
      and warranties of Holdings contained in Article VI of the Credit Agreement
      are
      true and correct as though made on and as of such date, except to the extent
      such representations and warranties expressly refer to an earlier date, in
      which
      case they are true and correct as of such date, and except that this notice
      shall be deemed instead to refer to the last day of the most recent fiscal
      year
      and fiscal quarter for which financial statements have then been delivered
      in
      respect of the representation and warranty made in Section 6.11 of the Credit
      Agreement;

     

    
      
        
        

      

      
        
          Exhibit
            A-2

          2

        

        
          

        

      

      
        
        

      

    

    (b)   no
      Default or Event
      of Default has occurred and is continuing, or would result from such proposed
      Borrowing; and

     

    (c)   there
      has occurred
      since December 31, 2004, no event or circumstance that has resulted or could
      reasonably be expected to result in a Material Adverse Effect.

     

    
      	
            	 	 
	 	BUILDING
              MATERIALS HOLDING CORPORATION
	 
 	 
 	 
 
	 	By:  	 
	 	
              

              Title 
	 

    

     

    
      
        
        

      

      
        
          Exhibit
            A-2

          2

        

        
          

        

      

      
        
        

      

    

    EXHIBIT
      B-1

     

    FORM
      OF NOTICE
      OF REVOLVING LOAN CONVERSION/CONTINUATION

     

    Date:
      __________________

     

    
      	
              To:

            	
              Wells
                Fargo
                Bank, National Association,

              as
                Administrative
                Agent

            

    

     

    Ladies
      and
      Gentlemen:

     

    The
      undersigned,
      Building Materials Holding Corporation (“Holdings”),
      refers to the
      Amended and Restated Credit Agreement, dated as of June 30, 2005 (as extended,
      renewed, amended or restated from time to time, the “Credit
      Agreement”),
      among Building
      Materials Holdings Corporation (“Holdings”),
      BMC West
      Corporation (the “Company”)
      and certain
      other affiliates of Holdings, as guarantors, SunTrust Bank, as Co-Lead Arranger
      and Syndication Agent, JPMorgan Chase Bank, N.A., as Co-Documentation
      Agent, Lasalle
      Bank,
      National Association, as Co-Documentation Agent, U.S. Bank National
      Association, as Co-Documentation Agent, the several financial institutions
      from
      time to time party thereto (the “Lenders”)
      and Wells Fargo
      Bank, National Association, as Co-Lead Arranger, as issuing bank of certain
      letters of credit (in such capacity, the “L/C
      Issuer”),
      as Swingline
      Lender and as administrative agent (in such capacity, the “Administrative
      Agent”),
      the terms
      defined therein being used herein as therein defined, and hereby gives you
      notice irrevocably, pursuant to Section
      2.04
      of the Credit
      Agreement, of the [conversion] [continuation] of Loans specified
      below:

     

    1.    The
      Conversion/Continuation Date is __________________.

     

    2.    The
      aggregate
      amount of the Revolving Loans to be [converted] [continued] is
      $____________.

     

    3.    The
      Loans are to be
      [converted into] [continued as] [Offshore Rate Loans] [Base Rate
      Loans].

     

    4.    [The
      duration of
      the Interest Period for the Offshore Rate Loans included in the [conversion]
      [continuation] shall be        
      months.]

     

    
      	 	 	 
	 	BUILDING MATERIALS
              HOLDING
              CORPORATION
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

            
	 	Title:	 
	 	
              

            
	 	 

    

     

    
      
        
        

      

      
        
          Exhibit
            B-1

          1

        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      B-2

     

    FORM
      OF NOTICE
      OF TERM LOAN CONVERSION/CONTINUATION

     

    Date:
      _______________

     

    
      	
              To:

            	
              Wells
                Fargo
                Bank,

              National
                Association,
                

              as
                Administrative Agent

            

    

     

    Ladies
      and
      Gentlemen:

     

    The
      undersigned,
      Building Materials Holding Corporation (“Holdings”), refers to the Amended and
      Restated Credit Agreement, dated as of June 30, 2005 (as extended, renewed,
      amended or restated from time to time, the “Credit Agreement”), among Building
      Materials Holdings Corporation, (“Holdings”), BMC West Corporation (the
“Company”) and certain other affiliates of Holdings, as guarantors, SunTrust
      Bank, as Co-Lead Arranger and Syndication Agent, JPMorgan Chase Bank,
      N.A., as Co-Documentation Agent, Lasalle
      Bank,
      National Association, as Co-Documentation Agent, U.S. Bank National
      Association, as Co-Documentation Agent, the several financial institutions
      from
      time to time party thereto (the “Lenders”) and Wells Fargo Bank, National
      Association, as Co-Lead Arranger, as issuing bank of certain letters of credit
      (in such capacity, the “L/C Issuer”), as Swingline Lender and as administrative
      agent (in such capacity, the “Administrative Agent”), the terms defined therein
      being used herein as therein defined, and hereby gives you notice irrevocably,
      pursuant to Section 2.04 of the Credit Agreement, of the [conversion]
      [continuation] of Loans specified below:

     

    1.    The
      Conversion/Continuation Date is _______________.

     

    2.    The
      aggregate
      amount of the [Term A Loans] [Term B Loans] to be [converted] [continued] is
      $_________________.

     

    3.    The
      Loans are to be
      [converted into] [continued as] [Offshore Rate Loans] [Base Rate
      Loans].

     

    4.    [The
      duration of
      the Interest Period for the Offshore Rate Loans included in the [conversion]
      [continuation] shall be _______ months.]

     

    
      	
            	 	 
	 	BUILDING
              MATERIALS HOLDING CORPORATION
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

            
	 	Title:	 
	 	
              

            
	 

    

     

     

    
      
        
        

      

      
        
          Exhibit
            B-2

          1

        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      C

     

    FORM
      OF
      COMPLIANCE CERTIFICATE

     

    BUILDING
      MATERIALS HOLDING CORPORATION

     

    Financial
      Statements Date: _________________

     

    Reference
      is made
      to that certain Amended and Restated Credit Agreement dated as of June 30,
      2005
      (as extended, renewed, amended or restated from time to time, the “Credit
      Agreement”),
      among Building
      Materials Holdings Corporation (“Holdings”),
      BMC West
      Corporation (the “Company”)
      and certain
      other affiliates of Holdings, as guarantors, SunTrust Bank, as Co-Lead Arranger
      and Syndication Agent, JPMorgan Chase Bank, N.A., as Co-Documentation
      Agent, Lasalle Bank, National Association, as Co-Documentation Agent, U.S.
      Bank
      National Association, as Co-Documentation Agent, the several financial
      institutions from time to time party thereto (the “Lenders”)
      and Wells Fargo
      Bank, National Association, as Co-Lead Arranger, as issuing bank of certain
      letters of credit (in such capacity, the “L/C
      Issuer”),
      as Swingline
      Lender and as administrative agent (in such capacity, the “Administrative
      Agent”).
      Unless
      otherwise defined herein, capitalized terms used herein have the respective
      meanings assigned to them in the Credit Agreement.

     

    The
      undersigned
      Responsible Officer of Holdings hereby certifies as of the date hereof that
      he/she is the [___________] of Holdings, and that, as such, he/she is authorized
      to execute and deliver this Certificate to the Lenders and the Administrative
      Agent on the behalf of Holdings and its consolidated Subsidiaries, and
      that:

     

    [Use
      the following paragraph if this Certificate is delivered in connection with
      the
      annual financial statements required by Section 7.01(a) of the Credit
      Agreement.]

     

    (a)    Attached
      hereto are
      true and correct copies of the audited consolidated balance sheet of Holdings
      and its Subsidiaries as at the end of the fiscal year ended ___________ and
      the
      related consolidated statements of income or operations, shareholders’ equity,
      retained earnings and cash flows for such year, setting forth in each case
      in
      comparative form the figures for the previous fiscal year, accompanied by the
      opinion of the Independent Auditor, which opinion (a) states that such
      consolidated financial statements present fairly the financial position for
      the
      periods indicated in conformity with GAAP applied on a basis consistent with
      prior years and (b) is not qualified as to (i) going concern or (ii)
      any
      limitation in the scope of the audit.

     

    or

     

    [Use
      the following paragraph if this Certificate is delivered in connection with
      the
      quarterly financial statements required by Section 7.01(b) of the Credit
      Agreement.]

     

    (a)    Attached
      hereto are
      true and correct copies of the unaudited consolidated balance sheet of Holdings
      and its Subsidiaries as of the end of the fiscal quarter ended ________ and
      the
      related consolidated statements of income, shareholders’ equity and cash flows
      for the period commencing on the first day and ending on the last day of such
      quarter, which are complete and accurate in all material respects and fairly
      present, in accordance with GAAP (subject to ordinary, good faith year-end
      audit
      adjustments), the financial position, the results of operations and the cash
      flows of Holdings and the Subsidiaries.

     

    
      
        
        

      

      
        
          Exhibit
            C

          1

        

        
          

        

      

      
        
        

      

    

    (b)    The
      undersigned has
      reviewed and is familiar with the terms of the Credit Agreement and has made,
      or
      has caused to be made under his/her supervision, a detailed review of the
      transactions and condition (financial or otherwise) of Holdings and its
      Subsidiaries during the accounting period covered by the attached financial
      statements.

     

    (c)    Holdings
      and its
      Subsidiaries, during such period, have observed, performed or satisfied all
      of
      the covenants and other agreements, and satisfied every condition in the Credit
      Agreement to be observed, performed or satisfied by Holdings and its
      Subsidiaries, and the undersigned has no knowledge of any Default or Event
      of
      Default.

     

    (d)    The
      representations
      and warranties of Holdings and the Company contained in Article VI
      of the Credit
      Agreement are true and correct as though made on and as of the date hereof
      (except to the extent such representations and warranties relate to an earlier
      date, in which case they shall be true and correct as of such date; and except
      that this notice shall be deemed instead to refer to the last day of the most
      recent year and fiscal quarter for which financial statements have then been
      delivered in respect of the representation and warranty made in Section 6.11(a)
      of the Credit
      Agreement).

     

    (e)    The
      financial
      covenant analyses and information set forth on Schedule
      1
      attached hereto are true and accurate on and as of the date of this
      Certificate.

     

    IN
      WITNESS WHEREOF, the undersigned has executed this Certificate as the __________
      of Holdings as of __________.

     

    
      	
            	 	 
	 	BUILDING
              MATERIALS HOLDING CORPORATION
	 
 	 
 	 
 
	 	By:  	 
	 	
              

              Title 

    

     

    
      
        
        

      

      
        
          Exhibit
            C

          2

        

        
          

        

      

      
        
        

      

    

     

    Exhibit
      D

     

    [to
      be
      provided]

     

    
      
        
        

      

      
        
          Exhibit
            D

          1

        

        
          

        

      

      
        
        

      

       

    

    EXHIBIT
      E

     

    FORM
      OF
      ASSIGNMENT AND ACCEPTANCE

     

    This
      ASSIGNMENT AND
      ACCEPTANCE AGREEMENT (this “Assignment
      and
      Acceptance”)
      dated as of
      __________ is made between _______(the “Assignor”)
      and
      _____________ (the “Assignee”).

     

    RECITALS

     

    WHEREAS,
      the
      Assignor is party to that certain Amended and Restated Credit Agreement, dated
      as of June 30, 2005 (as extended, renewed, amended or restated from time to
      time, the “Credit
      Agreement”),
      among Building
      Materials Holdings Corporation (“Holdings”),
      BMC West
      Corporation (the “Company”)
      and certain
      other affiliates of Holdings, as guarantors, SunTrust Bank, as Co-Lead Arranger
      and Syndication Agent, JPMorgan Chase Bank, N.A., as Co-Documentation Agent,
      Lasalle Bank, National Association, as Co-Documentation Agent, U.S. Bank
      National Association, as Co-Documentation Agent, the several financial
      institutions from time to time party thereto (the “Lenders”)
      and Wells Fargo
      Bank, National Association, as Co-Lead Arranger, as issuing bank of certain
      letters of credit (in such capacity, the “L/C
      Issuer”),
      as Swingline
      Lender and as administrative agent (in such capacity, the “Administrative
      Agent”).
      Any terms
      defined in the Credit Agreement and not defined in this Assignment and
      Acceptance are used herein as defined in the Credit Agreement;

     

    WHEREAS,
      as
      provided under the Credit Agreement, the Assignor has committed to participating
      in Letters of Credit issued for the account of Holdings, participating in
      Swingline Loans to Holdings and to making Loans to Holdings in an aggregate
      amount not to exceed $___________ (the “Commitment”);

     

    WHEREAS,
      [the
      Assignor has made or participated in Loans in the aggregate principal amount
      of
      $ __________ to Holdings consisting of $___________ of Revolving Loans,
      $______________of Term A Loans and $______________of Term B Loans] [no Loans
      are
      outstanding under the Credit Agreement] [and the amount of the Assignor’s
      percentage share of the aggregate amount available for drawing under outstanding
      Letters of Credit issued for the account of Holdings is $______________] [and
      no
      Letters of Credit are outstanding under the Credit Agreement]; and

     

    WHEREAS,
      the
      Assignor wishes to assign to the Assignee [part of the] [all] rights and
      obligations of the Assignor under the Credit Agreement in respect of its
      Commitment, together with a corresponding portion of any outstanding Loans
      and
      participations in Swingline Loans, if any, participations in L/C Advances,
      if
      any, and participations in Letters of Credit, if any (the “Participations”),
      in an amount
      equal to ____% of the Assignor’s Commitment, Loans and Participations (if any),
      on the terms and subject to the conditions set forth herein, and the Assignee
      wishes to accept assignment of such rights and to assume such obligations from
      the Assignor on such terms and subject to such conditions;

     

    NOW,
      THEREFORE, in
      consideration of the foregoing and the mutual agreements contained herein,
      the
      parties hereto agree as follows:

     

    
      
        
        

      

      
        
          Exhibit
            E

          1

        

        
          

        

      

      
        
        

      

    

    1.    Assignment
      and
      Acceptance.

     

    (a)    Subject
      to the
      terms and conditions of this Assignment and Acceptance, (i) the Assignor
      hereby sells, transfers and assigns to the Assignee, and (ii) the Assignee
      hereby purchases, assumes and undertakes from the Assignor, without recourse
      and
      without representation or warranty (except as provided in this Assignment and
      Acceptance) ____% (the “Assignee’s
      Percentage Share”)
      of (A) the
      Commitment and the Loans and Participations (if any) of the Assignor and (B)
      all
      related rights, benefits, obligations, liabilities and indemnities of the
      Assignor under and in connection with the Credit Agreement and the Loan
      Documents.

     

    (b)    With
      effect on and
      after the Effective Date (as defined in Section 5 hereof), the Assignee shall
      be
      a party to the Credit Agreement and succeed to all of the rights and be
      obligated to perform all of the obligations of a Lender under the Credit
      Agreement, including the requirements concerning confidentiality and the payment
      of indemnification, with a Commitment in the amount set forth in subsection
      (c)
      below.  The Assignee agrees that it will perform in accordance
      with
      their terms all of the obligations which by the terms of the Credit Agreement
      are required to be performed by it as a Lender.  It is the intent
      of
      the parties hereto that the Commitment of the Assignor shall, as of the
      Effective Date, be reduced by an amount equal to the portion thereof assigned
      to
      the Assignee hereunder, and the Assignor shall relinquish its rights and be
      released from its obligations under the Credit Agreement to the extent such
      obligations have been assumed by the Assignee; provided,
however,
      that the Assignor
      shall not relinquish its rights under Article
      IV
      or Section
      11.04
      and Section
      11.05
      of the Credit
      Agreement to the extent such rights relate to the time prior to the Effective
      Date.

     

    (c)    After
      giving effect
      to the assignment and assumption set forth herein, on the Effective Date: (i)
      the Assignee’s Revolving Commitment will be $_____; (ii) the Assignee’s
      Proportionate Share of the Aggregate Revolving Commitment will be _____%; (iii)
      the Assignee’s Term A Commitment will be $______; (iv) the Assignee’s
      Proportionate Share of the Aggregate Term A Commitment will be ______%; (v)
      the
      Assignee’s Term B Commitment will be $______; and (vi) the Assignee’s
      Proportionate Share of the Aggregate Term B Commitment will be
      ______%.

     

    (d)    After
      giving effect
      to the assignment and assumption set forth herein, on the Effective Date: (i)
      the Assignor’s Revolving Commitment will be $______; (ii) the Assignor’s
      Proportionate Share of the Aggregate Revolving Commitment will be ____%;
      (iii) the Assignor’s Term A Commitment will be $___________; (iv) the
      Assignor’s Proportionate Share of the Aggregate Term A Commitment will be
      ______%; (v) the Assignor’s Term B Commitment will be $___________; and (vi) the
      Assignor’s Proportionate Share of the Aggregate Term B Commitment will be
      ______%.

     

    2.    Payments.

     

    (a)    As
      consideration
      for the sale, assignment and transfer contemplated in Section 1 hereof, the
      Assignee shall pay to the Assignor on the Effective Date in immediately
      available funds an amount equal to $________, representing the Assignee’s
      Percentage Share of the principal amount of all Loans and Participations of
      the
      Assignor under the Credit Agreement and outstanding on the Effective
      Date.

     

    
      
        
        

      

      
        
          Exhibit
            E
2

        
          

        

      

      
        
        

      

    

    (b)    The
      [Assignor]
      [Assignee] further agrees to pay to the Administrative Agent a processing fee
      in
      the amount specified in Section
      11.08(a)
      of the Credit
      Agreement and the out-of-pocket costs and expenses, if any, of the
      Administrative Agent incurred in connection herewith.

     

    3.    Reallocation
      of
      Payments.  Any
      interest, fees and other payments accrued to the Effective Date with respect
      to
      the Commitment and any Loans and Participations of the Assignor shall be for
      the
      account of the Assignor.  Any interest, fees and other payments
      accrued on and after the Effective Date with respect to the portion of such
      Commitment and any Loans and Participations assigned to the Assignee shall
      be
      for the account of the Assignee. Each of the Assignor and the Assignee agrees
      that it will hold in trust for the other party any interest, fees and other
      amounts which it may receive to which the other party is entitled pursuant
      to
      the preceding sentence and pay to the other party any such amounts which it
      may
      receive promptly upon receipt.

     

    4.    Independent
      Credit Decision.  The
      Assignee: (a) acknowledges that it has received a copy of the Credit Agreement
      and the Schedules and Exhibits thereto, together with copies of the most recent
      financial statements referred to in Section
      6.11
      or Section
      7.01
      of the Credit
      Agreement, and such other documents and information as it has deemed appropriate
      to make its own credit and legal analysis and decision to enter into this
      Assignment and Acceptance; and (b) agrees that it will, independently and
      without reliance upon the Assignor, the Administrative Agent 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 and legal decisions in taking or not
      taking action under the Credit Agreement.

     

    5.    Effective
      Date;
      Notices.

     

    (a)    As
      between the
      Assignor and the Assignee, the effective date for this Assignment and Acceptance
      shall be (the “Effective
      Date”);
provided
      that the following
      conditions precedent have been satisfied on or before the Effective
      Date:

     

    (i)    this
      Assignment and
      Acceptance shall be executed and delivered by the Assignor and the
      Assignee;

     

    (ii)    any
      consent of
      Holdings, the L/C Issuer and the Administrative Agent required under
Section
      11.08
      of the Credit
      Agreement for the effectiveness of the assignment hereunder by the Assignor
      to
      the Assignee shall have been duly obtained and shall be in full force and effect
      as of the Effective Date;

     

    (iii)    the
      Assignee shall
      pay to the Assignor all amounts due to the Assignor under this Assignment and
      Acceptance;

     

    (iv)    the
      processing fee
      referred to in Section 2(b) hereof and in Section 11.08(a)
      of the Credit
      Agreement shall have been paid to the Administrative Agent; and

     

    (v)    the
      Assignor and
      Assignee shall have complied with the other requirements of Section
      11.08
      of the Credit
      Agreement and with the requirements of Section 10.10
      and Section
      11.09
      of the Credit
      Agreement (in each case to the extent applicable).

     

    
      
        
        

      

      
        
          Exhibit
            E
3

        
          

        

      

      
        
        

      

    

    (b)    Promptly
      following
      the execution of this Assignment and Acceptance, the Assignor shall deliver
      to
      Holdings and the Administrative Agent for acknowledgement a Notice of Assignment
      substantially in the form attached hereto as Schedule
      1.

     

    6.    Administrative
      Agent.  The
      Assignee hereby appoints and authorizes the Administrative Agent to take such
      action as agent on its behalf and to exercise such powers under the Credit
      Agreement as are delegated to the Administrative Agent by the Lenders pursuant
      to the terms of the Credit Agreement. [The Assignee shall assume no duties
      or
      obligations held by the Assignor in its capacity as Administrative Agent or
      L/C
      Issuer under the Credit Agreement.] [INCLUDE
      BRACKETED LANGUAGE ONLY IF ASSIGNOR IS ADMINISTRATIVE
      AGENT]

     

    7.    Withholding
      Tax.  The
      Assignee (a) represents and warrants to the Assignor, the Administrative Agent
      and Holdings that under applicable law and treaties no tax will be required
      to
      be withheld by Holdings or the Administrative Agent with respect to any payments
      to be made to the Assignee hereunder, and (b) agrees to furnish (if it is
      organized under the laws of any jurisdiction other than the United States or
      any
      State thereof) to the Administrative Agent and Holdings prior to the time that
      the Administrative Agent or Holdings is required to make any payment of interest
      or fees under the Credit Agreement, duplicate executed originals of either
      U.S.
      Internal Revenue Service Form W-8ECI (if the Assignee claims that interest
      or
      fees paid under the Credit Agreement will be exempt from United States
      withholding tax because it is effectively connected with a United States trade
      or business of the Assignee) or U.S. Internal Revenue Service Form W-8BEN (if
      the Assignee claims an exemption from, or a reduction of, withholding tax under
      a United States tax treaty) and agrees to provide new Forms W-8ECI or W-8BEN
      upon the expiration of any previously delivered form or comparable statements
      in
      accordance with applicable U.S. law and regulations and amendments thereto,
      duly
      executed and completed by the Assignee, as and when required under the Credit
      Agreement.

     

    8.    Representations
      and Warranties.

     

    (a)    The
      Assignor
      represents and warrants that (i) it is the legal and beneficial owner of the
      interest being assigned by it hereunder and that such interest is free and
      clear
      of any Lien or other adverse claim; (ii) it is duly organized and existing
      and
      it has the full power and authority to take, and has taken, all action necessary
      to execute and deliver this Assignment and Acceptance and any other documents
      required or permitted to be executed or delivered by it in connection with
      this
      Assignment and Acceptance and to fulfill its obligations hereunder; (iii) no
      notices to, or consents, authorizations or approvals of, any Person are required
      (other than those referred to in Section 5(a)(ii) hereof and any already given
      or obtained) for its due execution, delivery and performance of this Assignment
      and Acceptance, and apart from any agreements or undertakings or filings
      required by the Credit Agreement, no further action by, or notice to, or filing
      with, any Person is required of it for such execution, delivery or performance;
      and (iv) this Assignment and Acceptance has been duly executed and delivered
      by
      it and constitutes the legal, valid and binding obligation of the Assignor,
      enforceable against the Assignor in accordance with the terms hereof, subject,
      as to enforcement, to bankruptcy, insolvency, moratorium, reorganization and
      other laws of general application relating to or affecting creditors’ rights and
      to general equitable principles.

     

    
      
        
        

      

      
        
          Exhibit
            E
4

        
          

        

      

      
        
        

      

    

    (b)    The
      Assignor makes
      no representation or warranty and assumes no responsibility with respect to
      any
      statements, warranties or representations made in or in connection with the
      Credit Agreement or the execution, legality, validity, enforceability,
      genuineness, sufficiency or value of the Credit Agreement or any other
      instrument or document furnished pursuant thereto.  The Assignor
      makes
      no representation or warranty in connection with, and assumes no responsibility
      with respect to, the solvency, financial condition or statements of any Loan
      Party, or the performance or observance by any Loan Party, of any of its
      respective obligations under the Credit Agreement or any other instrument or
      document furnished in connection therewith.

     

    (c)    The
      Assignee
      represents and warrants that (i) it is duly organized and existing and it has
      full power and authority to take, and has taken, all action necessary to execute
      and deliver this Assignment and Acceptance and any other documents required
      or
      permitted to be executed or delivered by it in connection with this Assignment
      and Acceptance, and to fulfill its obligations hereunder; (ii) no notices to,
      or
      consents, authoriza-tions or approvals of, any Person are required (other than
      those referred to in Section 5(a)(ii) hereof and any already given or obtained)
      for its due execution, delivery and performance of this Assignment and
      Acceptance; and apart from any agreements or undertakings or filings required
      by
      the Credit Agreement, no further action by, or notice to, or filing with, any
      Person is required of it for such execution, delivery or performance; (iii)
      this
      Assignment and Acceptance has been duly executed and delivered by it and
      constitutes the legal, valid and binding obligation of the Assignee, enforceable
      against the Assignee in accordance with the terms hereof, subject, as to
      enforcement, to bankruptcy, insolvency, moratorium, reorganization and other
      laws of general application relating to or affecting creditors’ rights and to
      general equitable principles; and (iv) it is an Eligible Assignee.

     

    9.   Further
      Assurances.
      The Assignor and
      the Assignee each hereby agrees to execute and deliver such other instruments,
      and take such other action, as either party may reasonably request in connection
      with the transactions contemplated by this Assignment and Acceptance, including
      the delivery of any notices or other documents or instruments to Holdings or
      the
      Administrative Agent, which may be required in connection with the assignment
      and assumption contemplated hereby.

     

    10.   Miscellaneous.

     

    (a)   Any
      amendment or
      waiver of any provision of this Assignment and Acceptance shall be in writing
      and signed by the parties hereto.  No failure or delay by either
      party
      hereto in exercising any right, power or privilege hereunder shall operate
      as a
      waiver thereof and any waiver of any breach of the provisions of this Assignment
      and Acceptance shall be without prejudice to any rights with respect to any
      other or further breach thereof.

     

    (b)   All
      payments made
      hereunder shall be made without any set-off or counterclaim.

     

    (c)   The
      Assignor and
      the Assignee shall each pay its own costs and expenses incurred in connection
      with the negotiation, preparation, execution and performance of this Assignment
      and Acceptance.

     

    
      
        
        

      

      
        
          Exhibit
            E
5

        
          

        

      

      
        
        

      

    

    (d)   This
      Assignment and
      Acceptance may be executed in any number of counterparts and all of such
      counterparts taken together shall be deemed to constitute one and the same
      instrument.

     

    (e)   THIS
      ASSIGNMENT AND
      ACCEPTANCE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAW OF
      THE
      STATE OF CALIFORNIA. THE ASSIGNOR AND THE ASSIGNEE EACH IRREVOCABLY SUBMITS
      TO
      THE NON-EXCLUSIVE JURISDICTION OF ANY STATE OR FEDERAL COURT SITTING IN
      CALIFORNIA OVER ANY SUIT, ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO
      THIS ASSIGNMENT AND ACCEPTANCE AND IRREVOCABLY AGREES THAT ALL CLAIMS IN RESPECT
      OF SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH CALIFORNIA
      STATE OR FEDERAL COURT. EACH PARTY TO THIS ASSIGNMENT AND ACCEPTANCE HEREBY
      IRREVOCABLY WAIVES, TO THE FULLEST EXTENT IT MAY EFFECTIVELY DO SO, ANY
      OBJECTION, INCLUDING ANY OBJECTION TO THE LAYING OF VENUE OR BASED ON THE
      GROUNDS OF FORUM
      NON
      CONVENIENS,
      WHICH IT MAY NOW
      OR HEREAFTER HAVE TO THE BRINGING OF ANY ACTION OR PROCEEDING IN SUCH
      JURISDICTION IN RESPECT OF THIS ASSIGNMENT AND ACCEPTANCE OR ANY DOCUMENT
      RELATED HERETO, AND PERSONAL SERVICE OF ANY SUMMONS, COMPLAINT OR OTHER PROCESS,
      WHICH MAY BE MADE BY ANY OTHER MEANS PERMITTED BY CALIFORNIA LAW.

     

    (f)   THE
      ASSIGNOR AND
      THE ASSIGNEE EACH HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES ANY
      RIGHTS IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED HEREON,
      OR ARISING OUT OF, UNDER, OR IN CONNECTION WITH THIS ASSIGNMENT AND ACCEPTANCE,
      AND ANY RELATED DOCUMENTS AND AGREEMENTS, OR THE TRANSACTIONS CONTEMPLATED
      HEREBY OR THEREBY, IN ANY ACTION, PROCEEDING OR OTHER LITIGATION OF ANY TYPE
      BROUGHT BY EITHER OF THE PARTIES AGAINST THE OTHER PARTY, WHETHER WITH RESPECT
      TO CONTRACT CLAIMS, TORT CLAIMS, OR OTHERWISE.  EACH OF THE PARTIES
      ALSO AGREES THAT ANY SUCH CLAIM OR CAUSE OF ACTION SHALL BE TRIED BY A COURT
      TRIAL WITHOUT A JURY.

     

    [Other
      provisions to be added as may be negotiated between the Assignor and the
      Assignee, provided that such provisions are not inconsistent with the Credit
      Agreement.] 

     

    
      
        
        

      

      
        
          Exhibit
            E
6

        
          

        

      

      
        
        

      

    

    

    IN
      WITNESS WHEREOF, the Assignor and the Assignee have caused this Assignment
      and
      Acceptance to be executed and delivered by their duly authorized officers as
      of
      the date first above written.

     

    
      	
            	 	 
	 	[ASSIGNOR]
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

            
	 	Title:	 
	 	
              

            

    

     

    
      
        	
              	 	 
	 	[ASSIGNEE]
	 
 	 
 	 
 
	 	By:  	 
	 	 	
                

              
	 	Title:	 
	 	
                

              

      

    
      
        
        

      

      
        
          Exhibit
            E
7

        
          

        

      

      
        
        

      

    

    

    SCHEDULE
      1

     

    to
      the Assignment
      and Acceptance

     

    NOTICE
      OF
      ASSIGNMENT AND ACCEPTANCE

     

    Date:
      ________________

     

    Wells
      Fargo Bank,
      National Association as L/C Issuer,

    Swingline
      Bank and
      Administrative Agent

     

    [__________________]

    [__________________]

    [__________________]

    Attention:
      [________]

    Telephone:
      [________]

    Facsimile:
      [________]

     

    Building
      Materials
      Holding Corporation

    Four
      Embarcadero
      Center

    Suite
      3250

    San
      Francisco, CA
      94111

     

    Attention:
      _________________

     

    Ladies
      and
      Gentlemen:

     

    We
      refer to the Amended and Restated Credit Agreement, dated as of June 30, 2005
      (as extended, renewed, amended or restated from time to time, the “Credit
      Agreement”),
      among Building
      Materials Holdings Corporation, (“Holdings”),
      BMC West
      Corporation (the “Company”)
      and certain
      other affiliates of Holdings, as guarantors, SunTrust Bank, as Co-Lead Arranger
      and Syndication Agent, JPMorgan Chase Bank, N.A., as Co-Documentation
      Agent, Lasalle Bank, National Association, as Co-Documentation Agent, U.S.
      Bank
      National Association, as Co-Documentation Agent, the several financial
      institutions from time to time party thereto (the “Lenders”)
      and Wells Fargo
      Bank, National Association, as Co-Lead Arranger, as issuing bank of certain
      letters of credit (in such capacity, the “L/C
      Issuer”),
      as Swingline
      Lender and as administrative agent (in such capacity, the “Administrative
      Agent”).  Terms
      defined in the Credit Agreement are used herein as therein defined.

     

    11.    We
      hereby give you
      notice of [, and request the consent of [Holdings,] the L/C Issuer, the
      Swingline Lender and the Administrative Agent to,] the assignment by
      _____________ (the “Assignor”)
      to
      _______________________ (the “Assignee”)
      of ___% of the
      right, title and interest of the Assignor in and to the Credit Agreement
      (including, without limitation, _____% of the right, title and interest of
      the
      Assignor in and to the Commitment of the Assignor, all outstanding Loans made
      or
      participated in by the Assignor and all Letters of Credit participated in by
      Assignor) pursuant to that certain Assignment and Acceptance Agreement, dated
      as
      of _________ (the “Assignment
      and
      Acceptance”)
      between Assignor
      and Assignee, a copy of which Assignment and Acceptance is attached
      hereto.  Before giving effect to such assignment the Assignor’s
      Revolving Commitment is $ ________, its Proportionate Share of the Aggregate
      Revolving Commitment is _______%, its Term A Commitment is $_______; its
      outstanding Proportionate Share of the Aggregate Term A Commitment is $________;
      its Term B Commitment is $_______; and its outstanding Proportionate Share
      of
      the Aggregate Term B Commitment is $________.

     

    
      
        
        

      

      
        
          Exhibit
            E
8

        
          

        

      

      
        
        

      

    

    12.    The
      Assignee agrees
      that, upon receiving the consent of Holdings, the Administrative Agent, the
      L/C
      Issuer and the Swingline Lender to such assignment (in each case, if applicable)
      and from and after the Effective Date (as such term is defined in Section 5
      of
      the Assignment and Acceptance), the Assignee shall be bound by the terms of
      the
      Credit Agreement, with respect to the interest in the Credit Agreement assigned
      to it as specified above, as fully and to the same extent as if the Assignee
      were the Lender originally holding such interest in the Credit
      Agreement.

     

    13.    The
      following
      administrative details apply to the Assignee:

     

    (A)    Lending
      Office(s):

     

    Assignee
      name:____________________________

    Address:__________________________________

    Attention:__________________________________

    Telephone:
      (___)
      ___________________________

    Facsimile:
      (___)
      ____________________________

     

    Assignee
      name:

     

    Address:

     

    __________________________________

    
      __________________________________

    

    
      __________________________________

    

    
      __________________________________

    

     

    Attention:
      ___________________________________

     

    Telephone
      (__)
      ______________________________

     

    Facsimile:
      (__)
      ______________________________

     

    (B)    Notice
      Address:

     

    Assignee
      name:

     

    
      
        
        

      

      
        
          Exhibit
            E
9

        
          

        

      

      
        
        

      

    

    Address:

    
      __________________________________

    

    
      __________________________________

    

    
      __________________________________

    

    
      __________________________________

       

    

    Attention:
      ___________________________________

     

    Telephone
      (__)
      ______________________________

     

    Facsimile:
      (__)
      ______________________________

     

    (C)    Payment
      Instructions:

     

    Account
      No.:
      _________________________

    At:   
                    _________________________

                         
      _________________________

                         
      _________________________

                         
      _________________________

    Reference:   
      _________________________

    Attention:      
      _________________________

     

    14.    You
      are entitled to
      rely upon the representations, warranties and covenants of each of the Assignor
      and Assignee contained in the Assignment and Acceptance.

     

    15.    This
      Notice of
      Assignment and Acceptance may be executed by the Assignor and the Assignee
      in
      separate counterparts, each of which when so executed and delivered shall be
      deemed to be an original and all of which taken together shall constitute one
      and the same notice and agreement. 

     

    
      
        
        

      

      
        
          Exhibit
            E
10

        
          

        

      

      
        
        

      

    

    

    IN
      WITNESS WHEREOF, the Assignor and the Assignee have caused this Notice of
      Assignment and Acceptance to be executed by their respective duly authorized
      officials, officers or agents as of the date first above mentioned.

     

    Very
      truly
      yours,

    

      
        	
                Revolving
                  Commitment:

                $________________

              	
                [ASSIGNOR]

                By:
                  _________________________

                Title:
                  

              
	
                Term
                  A
                  Commitment:

                $________________

              	 
	
                Term
                  B
                  Commitment:

                $________________

              	 
	
                Proportionate
                  Share of Aggregate Revolving Commitment:

                _____%

              
	
                Proportionate
                  Share of Aggregate Term A Commitment:

                _____%

              
	
                Proportionate
                  Share of Aggregate Term B Commitment:

                _____%

              

      

    

     

    
      
        
        

      

      
        
          Exhibit
            E
11

        
          

        

      

      
        
        

      

    

     

    
      
        	
                Revolving
                  Commitment:

                $________________

              	
                [ASSIGNOR]

                By:
                  _____________________________

                Title:
                  

              
	
                Term
                  A
                  Commitment:

                $________________

              	 
	
                Term
                  B
                  Commitment:

                $________________

              	 
	
                Proportionate
                  Share of Aggregate Revolving Commitment:

                _____%

              
	
                Proportionate
                  Share of Aggregate Term A Commitment:

                _____%

              
	
                Proportionate
                  Share of Aggregate Term B Commitment:

                _____%

              

      

    

    

     

    

    
      
        
        

      

      
        
          Exhibit
            E
12

        
          

        

      

      
        
        

      

    

    

    [CONSENTED
      TO as
      of

     

    BUILDING
      MATERIALS
      HOLDING CORPORATION

     

    By:
      ______________________

    Title:
      _____________________]

     

    ACKNOWLEDGED
      [AND
      CONSENTED

    TO]
      as of

     

    WELLS
      FARGO BANK,
      NATIONAL ASSOCIATION,

    as
      L/C Issuer, Swingline Lender and Administrative Agent

     

    By:
      ______________________

    Title:
      _____________________]

     

    
      
        
        

      

      
        
          Exhibit
            E
13

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      F-1

     

    FORM
      OF
      REVOLVING NOTE

     

    U.S.
      $______________________________________________________

     

    FOR
      VALUE RECEIVED,
      the undersigned, BUILDING MATERIALS HOLDING CORPORATION, a Delaware corporation
      (“Holdings”),
      hereby promises
      to pay to the order of _____________ (the “Lender”)
      the principal
      sum of _______________________ Dollars
      ($_____________) or, if less, the aggregate unpaid principal amount of all
      Revolving Loans made by the Lender to Holdings pursuant to the Amended and
      Restated Credit Agreement, dated as of June
      30,
      2005 (as
      extended, renewed, amended or restated from time to time, the “Credit
      Agreement”),
      among Holdings,
      BMC West Corporation (the “Company”)
      and certain
      other affiliates of Holdings, as guarantors, SunTrust Bank, as Co-Lead Arranger
      and
      Syndication Agent, JPMorgan Chase Bank, N.A., as Co-Documentation Agent,
      Lasalle Bank, National Association, as Co-Documentation Agent, U.S. Bank
      National Association, as Co-Documentation Agent,
      the several
      financial institutions from time to time party
      thereto
      (the “Lenders”)
      and Wells Fargo
      Bank, National Association, as Co-Lead Arranger,
      as issuing bank of
      certain letters of credit (in such capacity, the “L/C
      Issuer”),
      as Swingline
      Lender and as administrative agent (in such capacity, the “Administrative
      Agent”),
      on the dates
      and in the amounts provided in the Credit Agreement.  Holdings
      further
      promises to pay interest on the unpaid principal amount of the Revolving Loans
      evidenced hereby from time to time at the rates, on the dates, and otherwise
      as
      provided in the Credit Agreement.

     

    The
      Lender is
      authorized to endorse the amount of each Revolving Loan, the date on which
      each
      Revolving Loan is made, and each payment of principal with respect thereto
      on
      the schedule annexed hereto and made a part hereof, or on continuations thereof
      which shall be attached hereto and made a part hereof; provided
      that any failure
      to endorse such information on such schedule or continuation thereof shall
      not
      in any manner affect any obligation of Holdings under the Credit Agreement
      and
      this promissory note (this “Note”).

     

    This
      Note is one of
      the Notes referred to in, and is entitled to the benefits of, the Credit
      Agreement, which Credit Agreement, among other things, contains provisions
      for
      acceleration of the maturity hereof upon the happening of certain stated events
      and also for prepayments on account of principal hereof prior to the maturity
      hereof upon the terms and conditions therein specified.

     

    This
      Note is
      secured by certain Collateral more specifically described in the Credit
      Agreement and the Collateral Documents.

     

    Terms
      defined in
      the Credit Agreement are used herein with their defined meanings therein unless
      otherwise defined herein.

     

    
      
        
        

      

      
        
          Exhibit
            F-1

          1

        

        
          

        

      

      
        
        

      

    

    This
      Note shall be
      governed by, and construed and interpreted in accordance with, the laws of
      the
      State of California.

     

    
      	
            	 	 
	 	BUILDING
              MATERIALS HOLDING CORPORATION
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

            
	 	Title:	 
	 	
            

    

     

    
      
        
        

      

      
        
          Exhibit
            F-1

          2

        

        
          

        

      

      
        
        

      

    

     

    SCHEDULE

    to
      Revolving
      Note

     

    
      	
              Date
                Loan Disbursed

            	
              Amount
                of Loan

            	
              Principal
                Payment

            	
              Date
                Principal Paid

            
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 

    

     

    
      
        
        

      

      
        
          Exhibit
            F-1

          3

        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      F-2

     

     

    FORM
      OF TERM A
      NOTE

     

    U.S.
      $______________________________________________________

     

    FOR
      VALUE RECEIVED,
      the undersigned, BUILDING MATERIALS HOLDING CORPORATION, a Delaware
      corporation (“Holdings”),
      hereby promises
      to pay to
      the order
      of_________________________ (the “Lender”)
      the principal
      sum of _______________________ Dollars ($__________________) or, if less, the
      aggregate unpaid principal amount of the Term A Loan made by the Lender to
      Holdings pursuant to the Credit Agreement referred to below and outstanding
      on
      the Term A Loan Maturity Date. Holdings further promises to pay interest on
      the
      unpaid principal amount of the Term A Loan evidenced hereby from
      time to time
      at the rates, on the dates, and otherwise as provided in the Credit
      Agreement.

     

    The
      Lender is
      authorized to endorse the amount of and the date on which the Term A Loan is
      made and each payment of principal with respect thereto on the schedule annexed
      hereto and made a part hereof, or on continuations thereof which shall be
      attached hereto and made a part hereof; provided
      that any failure
      to endorse such information on such schedule or continuation thereof shall
      not
      in any manner affect any obligation of Holdings under the Credit Agreement
      and
      this Promissory Note (this “Note”).

     

    This
      Note is one of
      the Notes referred to in, and is entitled to the benefits of, the Amended and
      Restated Credit Agreement, dated as of June
      30,
      2005 (as
      extended, renewed, amended or restated from time to time, the “Credit
      Agreement”),
      among Holdings,
      BMC West Corporation (the “Company”)
      and certain
      other affiliates of Holdings, as guarantors, SunTrust Bank, as Co-Lead Arranger
      and
      Syndication Agent, JPMorgan Chase Bank, N.A., as Co-Documentation Agent,
      Lasalle Bank, National Association, as Co-Documentation Agent, U.S. Bank
      National Association, as Co-Documentation Agent,
      the several
      financial institutions from time to time party thereto (the “Lenders”)
      and Wells Fargo
      Bank, National Association, as Co-Lead Arranger, as issuing bank of certain
      letters of credit (in such capacity, the “L/C
      Issuer”),
      as Swingline
      Lender and as administrative agent (in such capacity, the “Administrative
      Agent”),
      which Credit
      Agreement, among other things, contains provisions for acceleration of the
      maturity hereof upon the happening of certain stated events and also for
      payments and prepayments on account of principal hereof prior to the maturity
      hereof upon the terms and conditions therein specified.

     

    This
      Note is
      secured by certain Collateral more specifically described in the Credit
      Agreement and the Collateral Documents.

     

    Terms
      defined in
      the Credit Agreement are used herein with their defined
      meanings therein
      unless otherwise defined herein.

     

    
      
        
        

      

      
        
          Exhibit
            F-2

          1

        

        
          

        

      

      
        
        

      

    

    This
      Note shall be
      governed by, and construed and interpreted in accordance with,
      the laws of the
      State of California.

     

    
      	
            	 	 
	 	BUILDING
              MATERIALS HOLDING CORPORATION
	 
 	 
 	 
 
	 	By:  	 
	 	Title: 	
            

    

     

    
      
        
        

      

      
        
          Exhibit
            F-2

          2

        

        
          

        

      

      
        
        

      

    

     

    SCHEDULE 

    to
      Term A
      Note

     

    
      	
              Date
                Loan
                Disbursed

            	
              Amount
                of
                Loan

            	
              Principal
                Payment

            	
              Date
                Principal Paid

            
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 

    

     

    
      
        
        

      

      
        
          Exhibit
            F-2

          3

        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      F-3

     

    FORM
      OF TERM B
      NOTE

     

    U.S.
      $______________________________________________________

     

    FOR
      VALUE RECEIVED,
      the undersigned, BUILDING MATERIALS HOLDING CORPORATION, a Delaware
      corporation (“Holdings”),
      hereby promises
      to pay to
      the order
      of_________________________ (the “Lender”)
      the principal
      sum of _______________________ Dollars ($__________________) or, if less, the
      aggregate unpaid principal amount of the Term B Loan made by the Lender to
      Holdings pursuant to the Credit Agreement referred to below and outstanding
      on
      the Term B Loan Maturity Date. Holdings further promises to pay interest on
      the
      unpaid principal amount of the Term B Loan evidenced hereby from
      time to time
      at the rates, on the dates, and otherwise as provided in the Credit
      Agreement.

     

    The
      Lender is
      authorized to endorse the amount of and the date on which the Term B
      Loan
      is made and each payment of principal with respect thereto on the schedule
      annexed hereto and made a part hereof, or on continuations thereof which shall
      be attached hereto and made a part hereof; provided
      that any failure
      to endorse such information on such schedule or continuation thereof shall
      not
      in any manner affect any obligation of Holdings under the Credit Agreement
      and
      this Promissory Note (this “Note”).

     

    This
      Note is one of
      the Notes referred to in, and is entitled to the benefits of, the Amended and
      Restated Credit Agreement, dated as of June
      30,
      2005 (as
      extended, renewed, amended or restated from time to time, the “Credit
      Agreement”),
      among Holdings,
      BMC West Corporation (the “Company”)
      and certain
      other affiliates of Holdings, as guarantors, SunTrust Bank, as Co-Lead Arranger
      and
      Syndication Agent, JPMorgan Chase Bank, N.A., as Co-Documentation Agent,
      Lasalle Bank, National Association, as Co-Documentation Agent, U.S. Bank
      National Association, as Co-Documentation Agent,
      the several
      financial institutions from time to time party thereto (the “Lenders”)
      and Wells Fargo
      Bank, National Association, as Co-Lead Arranger, as issuing bank of certain
      letters of credit (in such capacity, the “L/C
      Issuer”),
      as Swingline
      Lender and as administrative agent (in such capacity, the “Administrative
      Agent”),
      which Credit
      Agreement, among other things, contains provisions for acceleration of the
      maturity hereof upon the happening of certain stated events and also for
      payments and prepayments on account of principal hereof prior to the maturity
      hereof upon the terms and conditions therein specified.

     

    This
      Note is
      secured by certain Collateral more specifically described in the Credit
      Agreement and the Collateral Documents.

     

    Terms
      defined in
      the Credit Agreement are used herein with their defined
      meanings therein
      unless otherwise defined herein.

     

    
      
        
        

      

      
        
          Exhibit
            F-3

          1

        

        
          

        

      

      
        
        

      

    

    This
      Note shall be
      governed by, and construed and interpreted in accordance with,
      the laws of the
      State of California.

     

    
      	
            	 	 
	 	BUILDING
              MATERIALS HOLDING CORPORATION
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

            
	 	Title:	 

    

    

    

    
      
        
        

      

      
        
          Exhibit
            F-3

          2

        

        
          

        

      

      
        
        

      

    

     

    SCHEDULE

    to
      Term B
      Note

     

    
      	
              Date
                Loan
                Disbursed

            	
              Amount
                of
                Loan

            	
              Principal
                Payment

            	
              Date
                Principal Paid

            
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 

    

     

    
      
        
        

      

      
        
          Exhibit
            F-3

          3

        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      G

     

    Date:
      _________________________________________

     

    FORM
      OF
      ADDITIONAL GUARANTOR ASSUMPTION AGREEMENT

     

    To
      each of the Lenders party to the Credit Agreement

    referred
      to below,
      and to Wells Fargo Bank, National 

    Association,
      as
      Administrative Agent

     

    Ladies
      and
      Gentlemen:

     

    This
      Additional
      Guarantor Assumption Agreement is made and delivered pursuant to Section
      7.13
      of that certain
      Amended and Restated Credit Agreement, dated as of June 30, 2005 (as extended,
      renewed, amended or restated from time to time, the “Credit
      Agreement”),
      among Building
      Materials Holdings Corporation (“Holdings”),
      BMC West
      Corporation (the “Company”)
      and certain
      other affiliates of Holdings, as guarantors, SunTrust Bank, as Co-Lead Arranger
      and Syndication Agent, JPMorgan Chase Bank, N.A., as Co-Documentation
      Agent, Lasalle Bank, National Association, as Co-Documentation Agent, U.S.
      Bank
      National Association, as Co-Documentation Agent, the several financial
      institutions from time to time party thereto (the “Lenders”)
      and Wells Fargo
      Bank, National Association, as Co-Lead Arranger, as issuing bank of certain
      letters of credit (in such capacity, the “L/C
      Issuer”),
      as Swingline
      Lender and as administrative agent (in such capacity, the “Administrative
      Agent”).  All
      capitalized terms used in this Additional Guarantor Assumption Agreement and
      not
      otherwise defined herein shall have the meanings assigned to them in the Credit
      Agreement.  

     

    ________________________(the
      “Subsidiary”)
      hereby confirms,
      represents and warrants to the Administrative Agent and the Lenders that the
      Subsidiary is a U.S. Subsidiary effective as of
      _________________.  

     

    The
      documents
      required to be delivered to the Administrative Agent under clauses (ii)
      and
      (iii) of Section 7.13(a)
      of the Credit
      Agreement will be furnished to the Administrative Agent in accordance with
      the
      requirements of the Credit Agreement.  

     

    The
      parties hereto
      hereby confirm that with effect from the date hereof, the Subsidiary shall
      be a
      party to the Credit Agreement and a party to the Security Agreement (as
      amended), and shall have obligations, duties and liabilities towards each of
      the
      other parties to the Credit Agreement (and the Security Agreement) identical
      to
      those which the Subsidiary would have had if the Subsidiary had been an original
      party to the Credit Agreement as a Guarantor and the Security Agreement as
      a
      Grantor (and pursuant to Section 2(a) of the Security Agreement, the Subsidiary
      hereby grants to the Administrative Agent a security interest in all Collateral
      (as defined in the Security Agreement) in which Subsidiary has an interest
      to
      secure the Secured Obligations).  The Subsidiary confirms its
      acceptance of, and consents to, all representations and warranties, covenants,
      and other terms and provisions of the Credit Agreement and the Security
      Agreement applicable to the Guarantors and to any other Loan Documents to which
      the Guarantors are parties.

     

    
      
        
        

      

      
        
          Exhibit
            G

          1

        

        
          

        

      

      
        
        

      

    

    Without
      limiting
      the generality of the foregoing, the Subsidiary confirms that effective as
      of
      the date hereof it shall be liable as a Guarantor pursuant to Section
      11.12
      of the Credit
      Agreement.

     

    This
      Additional
      Guarantor Assumption Agreement shall constitute a Loan Document under the Credit
      Agreement.

     

    THIS
      ADDITIONAL
      GUARANTOR ASSUMPTION AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE
      WITH, THE LAW OF THE STATE OF CALIFORNIA.

     

    IN
      WITNESS WHEREOF, the Subsidiary has caused this Additional Guarantor Assumption
      Agreement to be duly executed and delivered in ____________ by its proper and
      duly authorized officer as of the day and year first above written.

     

    
      	
            	 	 
	 	[SUBSIDIARY]
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

            
	 	Title:	 

    

     

    
      
        
        

      

      
        
          Exhibit
            G

          2

        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      H

     

    FORM
      OF LEGAL
      OPINION OF ADDITIONAL GUARANTOR’S COUNSEL

     

    [to
      be
      provided]

     

     

    
      
        
        

      

      
        
          Exhibit
            H

          1

        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      I

     

    SECOND
      AMENDED
      AND RESTATED SECURITY AGREEMENT

     

     

    THIS
      SECOND AMENDED
      AND RESTATED SECURITY AGREEMENT (this “Agreement”),
      dated as of
      June 30, 2005 is made by and among BMC West Corporation, a Delaware corporation
      (the “Company”),
      Building
      Materials Holding Corporation, a Delaware corporation (“Holdings”),
      certain other
      affiliates of Holdings listed in Annex I
      hereto or acceding
      hereto as provided in Section 23 hereof, and Wells Fargo Bank, National
      Association (“Wells
      Fargo”),
      as agent for
      itself and the Secured Parties referred to below (in such capacity, the
“Administrative
      Agent”).

     

    RECITALS

     

    WHEREAS,
      the
      parties hereto previously entered into that certain Amended and Restated
      Security Agreement, dated as of August 23, 2003 (as amended through the date
      hereof, the “Existing Security Agreement”) pursuant to which, to secure the
      obligations, the Grantors (as defined herein) pledged to, and granted a security
      interest in, all Collateral described herein in favor of the Secured Parties
      (as
      defined herein).

     

    WHEREAS,
      the
      Company, Holdings, the other Loan Parties named therein, certain lending
      institutions as lenders, SunTrust Bank, as Co-Lead Arranger and Syndication
      Agent, JPMorgan Chase Bank, N.A., as Co-Documentation Agent, Lasalle
      Bank,
      National Association, as Co-Documentation Agent, U.S. Bank National Association,
      as Co-Documentation Agent, and Wells Fargo, as Administrative Agent, are parties
      to an Amended and Restated Credit Agreement dated as of the date hereof (as
      amended, modified, renewed or extended from time to time, the “Credit
      Agreement”), which Credit Agreement amends and restates that certain Credit
      Agreement, dated as of August 13, 2003 (the “Existing Credit Agreement”) among
      Holdings, the Company, certain other affiliates of Holdings, Wells Fargo, as
      Administrative Agent, and the lenders party thereto; and

     

    WHEREAS,
      it is a
      condition precedent to the borrowings under the Credit Agreement that the
      Grantors and the Secured Parties amend and restate the Existing Security
      Agreement on the terms and subject to the conditions set forth herein and grant
      (and reaffirm and continue any prior grant) to the Administrative Agent, for
      itself and for the ratable benefit of the other Secured Parties, the security
      interests hereinafter provided to secure the Secured Obligations.

     

    NOW,
      THEREFORE, the
      parties hereto agree as follows:

     

    SECTION
      1. 
Definitions;
      Interpretation.

     

    (a)    Terms
      Defined in
      Credit Agreement.  All
      capitalized terms used in this Agreement (including in the recitals hereof)
      and
      not otherwise defined herein shall have the meanings assigned to them in the
      Credit Agreement.

     

    
      
        
        

      

      
        Exhibit
          I
1

        
          

        

      

      
        
        

      

    

    (b)    Certain
      Defined
      Terms.  As
      used in this Agreement, the following terms shall have the following
      meanings:

     

    “Accounts”
      means
      any and all accounts of any Grantor, whether now existing or hereafter acquired
      or arising, and in any event includes all accounts receivable, contract rights,
      rights to payment and other obligations of any kind owed to any Grantor arising
      out of or in connection with the sale or lease of merchandise, goods or
      commodities or the rendering of services or arising from any other transaction,
      however evidenced, and whether or not earned by performance, all guaranties,
      indemnities and security with respect to the foregoing, and all letters of
      credit relating thereto, in each case whether now existing or hereafter acquired
      or arising.

     

    “Books”
      means all
      books, records and other written, electronic or other documentation in whatever
      form maintained now or hereafter by or for any Grantor in connection with the
      ownership of its assets or the conduct of its business or evidencing or
      containing information relating to the Collateral, including: (i) ledgers;
      (ii)
      records indicating, summarizing, or evidencing any Grantor’s assets (including
      Inventory and Rights to Payment), business operations or financial condition;
      (iii) computer programs and software; (iv) computer discs, tapes, files,
      manuals, spreadsheets; (v) computer printouts and output of whatever kind;
      (vi)
      any other computer prepared or electronically stored, collected or reported
      information of any kind; and (vii) any and all other rights now or hereafter
      arising out of any contract or agreement between any Grantor and any service
      bureau, computer or data processing company or other Person charged with
      preparing or maintaining any of any Grantor’s books or records or with credit
      reporting, including with regard to any Grantor’s Accounts.

     

    “Chattel
      Paper”
      means all writings of whatever sort which evidence a monetary obligation and
      a
      security interest in or lease of specific goods, whether now existing or
      hereafter arising.

     

    “Collateral”
      has
      the meaning set forth in Section 2.

     

    “Commercial
      Tort
      Claims” means the commercial tort claim(s), in which a Grantor is a plaintiff,
      which are described on Exhibit A attached hereto.

     

    “Deposit
      Account”
      means any demand, time, savings, passbook or like account now or hereafter
      maintained by or for the benefit of any Grantor with a bank, savings and loan
      association, credit union or like organization and all funds and amounts
      therein, whether or not restricted or designated for a particular
      purpose.

     

    “Deposit
      Account
      Control Agreement” means an account control agreement in substantially the form
      of Exhibit B attached hereto.

     

    “Documents”
      means
      any and all documents of title, bills of lading, dock warrants, dock receipts,
      warehouse receipts and other documents of any Grantor, whether or not
      negotiable, and includes all other documents which purport to be issued by
      a
      bailee or agent and purport to cover goods in any bailee’s or agent’s possession
      which are either identified or are fungible portions of an identified mass,
      including such documents of title made available to any Grantor for the purpose
      of ultimate sale or exchange of goods or for the purpose of loading, unloading,
      storing, shipping, transshipping, manufacturing, processing or otherwise dealing
      with goods in a manner preliminary to their sale or exchange, in each case
      whether now existing or hereafter acquired or arising.

     

    
      
        
        

      

      
        Exhibit
          I
2

        
          

        

      

      
        
        

      

    

    “Equipment”
      means
      all now existing or hereafter acquired equipment of any Grantor in all of its
      forms, wherever located, and in any event includes any and all machinery,
      furniture, equipment, furnishings and fixtures in which any Grantor now or
      hereafter acquires any right, and all other goods and tangible personal property
      (other than Inventory), including tools, parts and supplies, automobiles,
      trucks, tractors and other vehicles, computer and other electronic data
      processing equipment and other office equipment, computer programs and related
      data processing software, and all additions, substitutions, replacements, parts,
      accessories, and accessions to and for the foregoing, now owned or hereafter
      acquired, and including any of the foregoing which are or are to become fixtures
      on real property.

     

    “Filing
      Offices”
      has the meaning set forth in Section 3(a).

     

    “General
      Intangibles” means all general intangibles of any Grantor, now existing or
      hereafter acquired or arising, and in any event includes: (i) all tax and other
      refunds, rebates or credits of every kind and nature to which any Grantor is
      now
      or hereafter may become entitled; (ii) all good will, choses in action and
      causes of action, whether legal or equitable, whether in contract or tort and
      however arising; (iii) all Intellectual Property Collateral; (iv) all rights
      of
      stoppage in transit, replevin and reclamation; (v) all licenses, permits,
      consents, indulgences and rights of whatever kind issued in favor of or
      otherwise recognized as belonging to any Grantor by any Governmental Authority;
      and (vi) all indemnity agreements, guaranties, insurance policies and other
      contractual, equitable and legal rights of whatever kind or nature; in each
      case
      whether now existing or hereafter acquired or arising.

     

    “Grantors”
      means
      Holdings, the Company and the other Loan Parties.

     

    “Instruments”
      means
      any and all negotiable instruments and every other writing which evidences
      a
      right to the payment of money, wherever located and whether now existing or
      hereafter acquired.

     

    “Intellectual
      Property Collateral” means the following properties and assets owned or held by
      any Grantor or in which any Grantor otherwise has any interest, now existing
      or
      hereafter acquired or arising:

     

    (i)    all
      patents and
      patent applications, domestic or foreign, all licenses relating to any of the
      foregoing and all income and royalties with respect to any licenses (including
      such patents, patent applications and patent licenses as described in
      Schedule 2), all rights to sue for past, present or future infringement
      thereof, all rights arising therefrom and pertaining thereto and all reissues,
      divisions, continuations, renewals, extensions and continuations-in-part
      thereof; all copyrights and applications for copyright, domestic or foreign,
      together with the underlying works of authorship (including titles), whether
      or
      not the underlying works of authorship have been published and whether said
      copyrights are statutory or arise under the common law, and all other rights
      and
      works of authorship (including the copyrights and copyright applications
      described in Schedule 2), all rights, claims and demands in any way
      relating to any such copyrights or works, including royalties and rights to
      sue
      for past, present or future infringement, and all rights of renewal and
      extension of copyright;

     

    
      
        
        

      

      
        Exhibit
          I
3

        
          

        

      

      
        
        

      

    

    (ii)    all
      state
      (including common law), federal and foreign trademarks, service marks and trade
      names, and applications for registration of such trademarks, service marks
      and
      trade names, all licenses relating to any of the foregoing and all income and
      royalties with respect to any licenses (including such marks, names,
      applications and licenses as described in Schedule 2), whether registered
      or unregistered and wherever registered, all rights to sue for past, present
      or
      future infringement or unconsented use thereof, all rights arising therefrom
      and
      pertaining thereto and all reissues, extensions and renewals
      thereof;

     

    (iii)   all
      trade secrets,
      trade dress, trade styles, logos, other source of business identifiers,
      mask-works, mask-work registrations, mask-work applications, software,
      confidential information, customer lists, license rights, advertising materials,
      operating manuals, methods, processes, know-how, algorithms, formulae,
      databases, quality control procedures, product, service and technical
      specifications, operating, production and quality control manuals, sales
      literature, drawings, specifications, blue prints, descriptions, inventions,
      name plates and catalogs; and

     

    (iv)   the
      entire goodwill
      of or associated with the businesses now or hereafter conducted by such Grantor
      connected with and symbolized by any of the aforementioned properties and
      assets.

     

    “Intellectual
      Property Security Agreement” means each Patent and Trademark Security Agreement,
      each Copyright Security Agreement and any amendment thereto, in form and
      substance satisfactory to the Administrative Agent and the Majority Lenders,
      supplementary to this Agreement and prepared for purposes of recordation with
      the U.S. Copyright Office or the U.S. Patent and Trademark Office, as
      applicable.

     

    “Inventory”
      means
      any and all of any Grantor’s inventory in all of its forms, wherever located,
      whether now owned or hereafter acquired, and in any event includes all goods
      (including goods in transit) which are held for sale, lease or other
      disposition, including those held for display or demonstration or out on lease
      or consignment or to be furnished under a contract of service, or which are
      raw
      materials, work in process, finished goods or materials used or consumed in
      any
      Grantor’s business, and the resulting product or mass, and all repossessed,
      returned, rejected, reclaimed and replevied goods, together with all parts,
      components, supplies packing, and other materials used or usable in connection
      with the manufacture, production, packing, shipping, advertising, selling or
      furnishing of such goods; and all other items hereafter acquired by any Grantor
      by way of substitution, replacement, return, repossession or otherwise, and
      all
      additions and accessions thereto, and any Document representing or relating
      to
      any of the foregoing at any time.

     

    
      
        
        

      

      
        Exhibit
          I
4

        
          

        

      

      
        
        

      

    

    “Investment
      Property” means any and all investment property of any Grantor, including all
      securities, whether certificated or uncertificated, security entitlements,
      securities accounts, commodity contracts and commodity accounts, and all
      financial assets held in any securities account or otherwise, wherever located,
      and whether now existing or hereafter acquired or arising.

     

    “Lender”
      has the
      meaning specified in the Credit Agreement, and includes the Revolving Lenders,
      the Term A Lenders, the Term B Lenders, any Additional Lenders,
      the
      L/C Issuer, the Swingline Lender and any Swap Providers.

     

    “Letter
      of Credit
      Proceeds” means any and all proceeds of written letters of credit, including all
“Letter-of-Credit Rights” as such term is defined in the UCC.

     

    “Other
      Accounts”
      means each of the Deposit Accounts set forth in Section 3(c) of
      Schedule 1 to this Agreement.

     

    “Partnership
      Collateral” means any and all limited and general partnership interests and
      limited liability company interests of any type or nature, whether now existing
      or hereafter acquired or arising.

     

    “Pledged
      Collateral” means any and all (i) Pledged Shares; (ii) additional
      capital stock or other equity securities of the direct or indirect Subsidiaries
      of Holdings or the Company (other than Subsidiaries which are owned by
      Non-Wholly-Owned Subsidiaries), whether certificated or uncertificated (not
      exceeding 65% of the voting shares of capital stock (and 100% of the non-voting
      shares of stock) of any such Subsidiaries of Holdings that are not U.S.
      Subsidiaries, unless no adverse tax consequences to the Grantor thereof shall
      arise or exist in connection therewith); (iii) other Investment Property
      of
      any Grantor; (iv) warrants, options or other rights entitling any Grantor
      to acquire any interest in capital stock or other securities of such direct
      or
      indirect Subsidiaries of Holdings or the Company or of any other Person;
      (v) Partnership Collateral; (vi) Instruments; (vii) Pledged
      Debt;
      (viii) securities, property, interest, dividends and other payments
      and
      distributions issued as an addition to, in redemption of, in renewal or exchange
      for, in substitution or upon conversion of, or otherwise on account of, any
      of
      the foregoing; (ix) certificates and instruments now or hereafter
      representing or evidencing any of the foregoing; (x) rights, interests
      and
      claims with respect to the foregoing, including under any and all related
      agreements, instruments and other documents; and (xi) cash and non-cash
      proceeds of any of the foregoing, in each case whether presently existing or
      owned or hereafter arising or acquired and wherever located, and as from time
      to
      time received or receivable by, or otherwise paid or distributed to or acquired
      by, any Grantor.

     

    “Pledged
      Debt”
      means the indebtedness in described in Schedule 3.

     

    
      
        
        

      

      
        Exhibit
          I
5

        
          

        

      

      
        
        

      

    

    “Pledged
      Shares”
      means all of the issued and outstanding shares of capital stock, whether
      certificated or uncertificated, of Holdings’ direct or indirect Subsidiaries now
      owned by any Grantor (or 65% of the voting capital stock and 100% of the
      non-voting stock in the case of any non-U.S. Subsidiaries), as more specifically
      described in Schedule 3; provided, however, that Pledged Shares shall
      not
      include capital stock of Subsidiaries which are owned by Non-Wholly-Owned
      Subsidiaries.

     

    “Primary
      Account”
      means initially, each of the Deposit Accounts set forth in Section 3(a)
      of
      Schedule 1 to this Agreement, and thereafter, each additional Deposit
      Account which does not constitute a Zero Balance Account.

     

    “Proceeds”
      means
      whatever is receivable or received from or upon the sale, lease, license,
      collection, use, exchange or other disposition, whether voluntary or
      involuntary, of any Collateral or other assets of any Grantor, including
“proceeds” as defined at UCC Section 9102, any and all proceeds of any
      insurance, indemnity, warranty or guaranty payable to or for the account of
      any
      Grantor from time to time with respect to any of the Collateral, any and all
      payments (in any form whatsoever) made or due and payable to any Grantor from
      time to time in connection with any requisition, confiscation, condemnation,
      seizure or forfeiture of all or any part of the Collateral by any Governmental
      Authority (or any Person acting under color of Governmental Authority), any
      and
      all other amounts from time to time paid or payable under or in connection
      with
      any of the Collateral or for or on account of any damage or injury to or
      conversion of any Collateral by any Person, any and all other tangible or
      intangible property received upon the sale or disposition of Collateral, and
      all
      proceeds of proceeds.

     

    “Rights
      to Payment”
      means all Accounts and any and all rights and claims to the payment or receipt
      of money or other forms of consideration of any kind in, to and under all
      Chattel Paper, Documents, General Intangibles, Instruments, Investment Property,
      Pledged Debt and Proceeds.

     

    “Secured
      Obligations” means all indebtedness, liabilities and other obligations of the
      Grantors to the Secured Parties created under, or arising out of or in
      connection with, the Credit Agreement, the Notes or any of the other Loan
      Documents, and any and all other indebtedness, liabilities and other obligations
      of the Grantors to the Administrative Agent, the Lenders, or any Affiliate
      thereof, including all unpaid principal of the Loans, all interest accrued
      thereon, all fees due under the Credit Agreement and all other amounts payable
      by the Grantors to any Secured Party thereunder or in connection therewith,
      whether now existing or hereafter arising, and whether due or to become due,
      absolute or contingent, liquidated or unliquidated, determined or
      undetermined.

     

    “Secured
      Parties”
      means the Lenders, the Lead Arranger, and the Administrative Agent, and each
      of
      their respective successors, transferees and assigns.

     

    “Securities
      Account
      Control Agreement” means an account control agreement in substantially the form
      of Exhibit C attached hereto.

     

    
      
        
        

      

      
        Exhibit
          I
6

        
          

        

      

      
        
        

      

    

    “UCC”
      means the
      Uniform Commercial Code as the same may, from time to time, be in effect in
      the
      State of California; provided, however, in the event that, by reason of
      mandatory provisions of law, any or all of the attachment, perfection or
      priority of the security interest in any Collateral is governed by the Uniform
      Commercial Code as in effect in a jurisdiction other than the State of
      California, the term “UCC” shall mean the Uniform Commercial Code as in effect
      in such other jurisdiction for purposes of the provisions hereof relating to
      such attachment, perfection or priority and for purposes of definitions related
      to such provisions.

     

    “Zero
      Balance
      Account” means each of the “zero balance” Deposit Accounts set forth in
      Section 3(b) of Schedule 1 to this Agreement.

     

    (c)   Terms
      Defined in
      UCC.  Where
      applicable and except as otherwise defined herein, terms used in this Agreement
      shall have the meanings assigned to them in the UCC.

     

    (d)   Interpretation.  The
      rules of interpretation set forth in Section 1.02 of the Credit Agreement
      shall be applicable to this Agreement and are incorporated herein by this
      reference.

     

    SECTION
      2. 
Security
      Interest.

     

    (a)   Grant
      of
      Security Interest.  As
      security for the payment and performance of the Secured Obligations, each
      Grantor hereby pledges, assigns, transfers, hypothecates and sets over to the
      Administrative Agent, for itself and on behalf of and for the ratable benefit
      of
      the other Secured Parties, and hereby confirms its prior grant under the
      Existing Security Agreement, as amended and restated hereby, and grants, to
      the
      Administrative Agent, for itself and on behalf of and for the ratable benefit
      of
      the other Secured Parties, a security interest in all of such Grantor’s right,
      title and interest in, to and under the following property, wherever located
      and
      whether now existing or owned or hereafter acquired or arising (collectively,
      the “Collateral”): (i) all Accounts; (ii) all Chattel Paper;
      (iii) all Deposit Accounts; (iv) all Documents; (v) all
      Equipment; (vi) all General Intangibles; (vii) all Pledged Collateral;
      (viii) all Inventory; (ix) all Books; (x) all Commercial
      Tort
      Claims; (xi) all products and Proceeds of any of the foregoing; and
      (xii) all Letter of Credit Proceeds.  Notwithstanding
      the
      foregoing provisions of this Section 2(a), such grant of security interest
      shall not extend to, and the term “Collateral” shall not include, any Chattel
      Paper, contracts and other General Intangibles which are now or hereafter held
      by any Grantor as licensee, lessee or otherwise, to the extent that
      (i) such Chattel Paper, contracts and other General Intangibles are
      not
      assignable or capable of being encumbered as a matter of law or under the terms
      of the license, lease or other agreement applicable thereto (but solely to
      the
      extent that any such restriction shall be enforceable under applicable law),
      without the consent of the licensor or lessor thereof or other applicable party
      thereto and (ii) such consent has not been obtained; provided, however,
      that the foregoing grant of security interest shall extend to, and the term
      “Collateral” shall include (A) any General Intangible which is Rights to
      Payment or a proceed of, or otherwise related to the enforcement and collection
      of, any Rights to Payment, or goods which are the subject of any Rights to
      Payment, (B) any and all proceeds of such Chattel Paper, contracts and
      other General Intangibles to the extent that the assignment or encumbering
      of
      such proceeds is not so restricted and (C) upon any such licensor’s,
      lessor’s or other applicable party’s consent with respect to any such otherwise
      excluded Chattel Paper, contracts or other General Intangibles being obtained,
      thereafter such Chattel Paper, contracts or other General Intangibles as well
      as
      any and all proceeds thereof that might have theretofore have been excluded
      from
      such grant of a security interest and the term “Collateral.”

     

    
      
        
        

      

      
        Exhibit
          I
7

        
          

        

      

      
        
        

      

    

    (b)   Grantors
      Remain
      Liable.  Anything
      herein to the contrary notwithstanding, (i) each Grantor shall remain
      liable under any contracts, agreements and other documents included in the
      Collateral, to the extent set forth therein, to perform all of its duties and
      obligations thereunder to the same extent as if this Agreement had not been
      executed, (ii) the exercise by the Administrative Agent of any of the
      rights hereunder shall not release any Grantor from any of its duties or
      obligations under such contracts, agreements and other documents included in
      the
      Collateral, and (iii) neither the Administrative Agent nor any other
      Secured Party shall have any obligation or liability under any contracts,
      agreements and other documents included in the Collateral by reason of this
      Agreement, nor shall the Administrative Agent or any other Secured Party be
      obligated to perform any of the obligations or duties of any Grantor thereunder
      or to take any action to collect or enforce any such contract, agreement or
      other document included in the Collateral hereunder.

     

    (c)   Continuing
      Security Interest.  Each
      Grantor agrees that this Agreement shall create a continuing security interest
      in the Collateral which shall remain in effect (from the time of its initial
      creation under the Existing Security Agreement) until terminated in accordance
      with Section 22.

     

    SECTION
      3. 
Perfection
      Procedures.  Each
      Grantor shall execute and deliver to the Administrative Agent concurrently
      with
      the execution of this Agreement, and at any time and from time to time
      thereafter, all financing statements, continuation statements, termination
      statements, security agreements, chattel mortgages, assignments, patent,
      copyright and trademark collateral assignments, fixture filings, warehouse
      receipts, documents of title, affidavits, reports, notices, schedules of
      account, letters of authority and all other documents and instruments, in form
      satisfactory to the Administrative Agent, and take all other action, as the
      Administrative Agent or the Majority Lenders may request, to perfect and
      continue perfected, maintain the priority of or provide notice of the
      Administrative Agent’s security interest in the Collateral and to accomplish the
      purposes of this Agreement.  Without limiting the generality
      of the
      foregoing, each Grantor shall from time to time take the following
      actions:

     

    (a)   Filing
      of
      Financing Statements.  On
      or
      prior to the Effective Date each Grantor shall deliver completed UCC-1 financing
      statements (or amendments to UCC-1 financing statements previously filed, as
      applicable) for filing or recording offices described in Schedule 4
      (the
“Filing Offices”), and after the Effective Date the applicable Grantor shall
      execute and deliver completed UCC-1 financing statements (or amendments to
      UCC-1
      financing statements previously filed, as applicable) for filing in the
      appropriate filing office or offices in any state identified by a Grantor in
      a
      notice delivered to the Administrative Agent pursuant to subsection 5(d)
      or
      5(e).

     

    
      
        
        

      

      
        Exhibit
          I
8

        
          

        

      

      
        
        

      

    

    (b)   Delivery
      of
      Pledged Collateral.  Except
      with respect to Investment Property for which a Securities Account Control
      Agreement has been executed in accordance with Section 3(g) hereof,
      each
      Grantor hereby agrees to deliver to or for the account of the Administrative
      Agent, at the address and to the Person to be designated by the Administrative
      Agent, the certificates, instruments and other writings representing any Pledged
      Collateral, which shall be in suitable form for transfer by delivery, or shall
      be accompanied by duly executed instruments of transfer or assignment in blank,
      in form satisfactory to the Administrative Agent.  If any Grantor
      shall become entitled to receive or shall receive any such Pledged Collateral
      after the date hereof, such Grantor shall accept the foregoing as the agent
      for
      the Administrative Agent, shall hold it in trust for the Administrative Agent,
      shall segregate it from other property or funds of such Grantor, and shall
      immediately deliver the same and all certificates, instruments and other
      writings representing such Pledged Collateral forthwith to or for the account
      of
      the Administrative Agent, at the address and to the Person to be designated
      by
      the Administrative Agent, which shall be in suitable form for transfer by
      delivery, or shall be accompanied by duly executed instruments of transfer
      or
      assignment in blank in form satisfactory to the Administrative
      Agent.  Anything to the contrary notwithstanding, so long as
      no Event
      of Default shall have occurred and be continuing, (i) each Grantor may
      retain for collection in the ordinary course any Instruments received by such
      Grantor in the ordinary course of business, and the Administrative Agent shall,
      promptly upon request of such Grantor, make appropriate arrangements for making
      any other Instruments and/or Pledged Debt pledged by such Grantor available
      to
      the payor of any such Instrument or Pledged Debt for purposes of presentation,
      collection or renewal (any such arrangement to be effected, to the extent
      required under applicable law to continue perfected the Administrative Agent’s
      security interest hereunder in such Instruments or Pledged Debt , against trust
      receipt or like document), and (ii) each Grantor may retain any additional
      Pledged Collateral consisting of Instruments with a face value of less than
      $1,000,000 individually and $5,000,000 in the aggregate for all such Instruments
      or, in the case of any such additional Pledged Collateral with no face value,
      then such additional Pledged Collateral with a fair market value of less than
      $1,000,000 individually and $5,000,000 in the aggregate for all such
      Instruments, as determined by such Grantor in good faith.

     

    (c)   Transfer
      of
      Security Interest Other Than by Delivery.  If
      for
      any reason Pledged Collateral cannot be delivered to or for the account of
      the
      Administrative Agent as provided in subsection 3(b), each Grantor shall
      promptly take such other steps as may be necessary or as shall be reasonably
      requested from time to time by the Administrative Agent to effect a transfer
      of
      a perfected first priority security interest in and pledge of the Pledged
      Collateral to the Administrative Agent for itself and on behalf of and for
      the
      ratable benefit of the other Secured Parties pursuant to the UCC.  To
      the extent practicable, such Grantor shall thereafter deliver the Pledged
      Collateral to or for the account of the Administrative Agent as provided in
      subsection 3(b).

     

    (d)   Deposit
      Accounts.  Each
      Grantor shall execute, and shall cause each applicable financial institution
      to
      execute, a Deposit Account Control Agreement and shall take such other actions
      as the Administrative Agent may reasonably request, to perfect and continue
      the
      perfection of, maintain the priority of or provide notice of the Administrative
      Agent’s security interest in Collateral consisting of all of Grantors’ Primary
      Accounts and to accomplish the purposes of this Agreement such that the
      Administrative Agent shall have control of all such Primary Accounts as is
      required for perfection pursuant to Sections 9-104 and 9-314 of the
      Uniform
      Commercial Code.

     

    
      
        
        

      

      
        Exhibit
          I
9

        
          

        

      

      
        
        

      

    

    (e)   Intellectual
      Property Collateral.

     

    (i)   Each
      Grantor shall
      execute and deliver to the Administrative Agent, concurrently with the execution
      of this Agreement, such Intellectual Property Security Agreements as the
      Administrative Agent and the Majority Lenders may reasonably request, and record
      such Intellectual Property Security Agreements with the U.S. Copyright Office
      or
      the U.S. Patent and Trademark Office, as applicable, and take such other action
      as may be necessary, or as the Administrative Agent or the Majority Lenders
      may
      reasonably request, to perfect the Administrative Agent’s security interest in
      such Intellectual Property Collateral.

     

    (ii)   Immediately
      following the creation or other acquisition of any Intellectual Property
      Collateral by any Grantor after the date hereof which is registered or becomes
      registered or the subject of an application for registration with the U.S.
      Copyright Office or the U.S. Patent and Trademark Office, as applicable, such
      Grantor shall modify this Agreement by amending Schedule 2 to include
      any
      Intellectual Property Collateral which becomes part of the Collateral and which
      was not included on Schedule 2 as of the date hereof and record such
      Intellectual Property Security Agreement with the U.S. Copyright Office or
      the
      U.S. Patent and Trademark Office, as applicable, and take such other action
      as
      may be necessary, or as the Administrative Agent or the Majority Lenders may
      reasonably request, to perfect the Administrative Agent’s security interest in
      such Intellectual Property Collateral.

     

    (f)   Documents,
      Etc.  Each
      Grantor shall
      deliver to the Administrative Agent, or an agent designated by it, appropriately
      endorsed or accompanied by appropriate instruments of transfer or assignment,
      all Documents and Chattel Paper, and all other Rights to Payment at any time
      evidenced by promissory notes, trade acceptances or other instruments, not
      already delivered hereunder pursuant to this Section 3; provided, however,
      that unless an Event of Default shall have occurred and be continuing, such
      Grantor shall not be required to deliver any Document, Chattel Paper, promissory
      note, trade acceptance or other instrument having a face amount not in excess
      of
      $1,000,000 individually and $5,000,000 in the aggregate for all such
      items.  Upon the request of the Administrative Agent, Grantors
      shall
      mark all Documents and Chattel Paper with such legends as the Administrative
      Agent shall reasonably specify.

     

    (g)   Investment
      Property.  Each
      Grantor shall execute, and shall cause each applicable securities intermediary
      to execute, a Securities Account Control Agreement and shall take such other
      actions as the Administrative Agent may reasonably request, to perfect and
      continue the perfection of, maintain the priority of or provide notice of the
      Administrative Agent’s security interest in Collateral consisting of Investment
      Property and to accomplish the purposes of this Agreement such that the
      Administrative Agent shall have control of all such Investment Property as
      is
      required for perfection pursuant to Sections 9-106 and 9-314 of the
      UCC.

     

    
      
        
        

      

      
        Exhibit
          I
10

        
          

        

      

      
        
        

      

    

    SECTION
      4. 
Representations
      and Warranties.  In
      addition to the representations and warranties of the Grantors set forth in
      the
      Credit Agreement, which are incorporated herein by this reference, each Grantor
      represents and warrants to each Lender and the Administrative Agent
      that:

     

    (a)   Jurisdiction.  Each
      Grantor is organized in the jurisdiction set forth in Section 8 of
      Schedule 1 (each Grantor’s “Jurisdiction of Organization”).

     

    (b)   Locations
      of
      Books.  All
      locations where Books pertaining to the Rights to Payment are kept, including
      all equipment necessary for accessing such Books and the names and addresses
      of
      all service bureaus, computer or data processing companies and other Persons
      keeping any Books or collecting Rights to Payment for any Grantor, are set
      forth
      in Schedule 1.

     

    (c)   Trade
      Names and
      Trade Styles.  All
      trade names and trade styles under which any Grantor presently conducts its
      business operations are set forth in Schedule 1, and, except as set
      forth
      in Schedule 1 and in connection with the Transaction, no Grantor has,
      at
      any time in the past five years: (i) been known as or used any other
      corporate, trade or fictitious name; (ii) changed its name; (iii) been
      the surviving or resulting corporation in a merger or consolidation; or
      (iv) acquired through asset purchase or otherwise any business of any
      Person.

     

    (d)   Ownership
      of
      Collateral.  Each
      Grantor is, and, except as permitted by Section 5(i), will continue
      to be,
      the sole and complete owner of the Collateral (or, in the case of after-acquired
      Collateral, at the time any Grantor acquires rights in such Collateral, will
      be
      the sole and complete owner thereof), free from any Lien other than Permitted
      Liens.

     

    (e)   Enforceability;
      Priority of Security Interest.  (i) This
      Agreement creates a security interest which is enforceable against the
      Collateral in which each Grantor now has rights and will create a security
      interest which is enforceable against the Collateral in which such Grantor
      hereafter acquires rights at the time such Grantor acquires any such rights;
      and
      (ii) the Administrative Agent has a perfected and first priority security
      interest in the Collateral in which such Grantor now has rights, and will have
      a
      perfected and first priority security interest in the Collateral in which such
      Grantor hereafter acquires rights at the time such Grantor acquires any such
      rights, in each case for the Administrative Agent’s own benefit and for the
      ratable benefit of the other Secured Parties and subject to Permitted Liens,
      securing the payment and performance of the Secured Obligations.

     

    
      
        
        

      

      
        Exhibit
          I
11

        
          

        

      

      
        
        

      

    

    (f)   Other
      Financing
      Statements.  Other
      than (i) financing statements or similar filings naming the owner of
      the
      asset to which such Lien relates as debtor, under the UCC or any comparable
      law
      (“UCC Financing Statements”), disclosed to the Administrative Agent prior to the
      Effective Date and (ii) UCC Financing Statements in favor of the
      Administrative Agent in its capacity as Administrative Agent for itself and
      the
      other Secured Parties under the Credit Agreement and any other Loan Documents,
      no effective UCC Financing Statement naming any Grantor as debtor, assignor,
      grantor, mortgagor, pledgor or the like and covering all or any part of the
      Collateral is on file in any filing or recording office in any jurisdiction,
      except in connection with Permitted Liens.

     

    (g)   Rights
      to
      Payment.

     

    (i)   The
      Rights to
      Payment represent valid, binding and enforceable obligations of the account
      debtors or other Persons obligated thereon, representing undisputed, bona fide
      transactions completed in accordance with the terms and provisions contained
      in
      any documents related thereto, and are and will be genuine, free from Liens
      (other than Permitted Liens), and not subject to any adverse claims,
      counterclaims, setoffs, defaults, disputes, defenses, discounts, retainages,
      holdbacks or conditions precedent of any kind of character, except to the extent
      reflected by the Grantors’ reserves for uncollectible Rights to Payment or to
      the extent, if any, that such account debtors or other Persons may be entitled
      to normal and ordinary course trade discounts, returns, adjustments and
      allowances in accordance with Section 5(m), or as otherwise disclosed
      to
      the Administrative Agent and the Lenders in writing or occurring in the ordinary
      course of business;

     

    (ii)   to
      the best of each
      Grantor’s knowledge, all account debtors and other obligors on the Rights to
      Payment are solvent and generally paying their debts as they come due, except
      to
      the extent that such Grantor has established adequate reserves therefor in
      accordance with GAAP;

     

    (iii)   all
      Rights to
      Payment comply in all material respects with all applicable laws concerning
      form, content and manner of preparation and execution, including where
      applicable any federal or state consumer credit laws;

     

    (iv)   no
      Grantor has
      assigned any of its rights under the Rights to Payment except as provided in
      this Agreement or as set forth in the other Loan Documents;

     

    (v)   all
      statements
      made, all unpaid balances and all other information in the Books and other
      documentation relating to the Rights to Payment in all material respects are
      true and correct and what they purport to be; and

     

    (vi)   no
      Grantor has any
      knowledge of any fact or circumstance which would materially impair the validity
      or collectibility of any of the Rights to Payment, except to the extent that
      such Grantor has established adequate reserves therefor in accordance with
      GAAP;

     

    
      
        
        

      

      
        Exhibit
          I
12

        
          

        

      

      
        
        

      

    

    (h)   Inventory.  No
      Inventory is stored with any bailee, warehouseman or similar Person or on any
      premises leased to any Grantor, nor has any Inventory been consigned to any
      Grantor or consigned by any Grantor to any Person or is held by any Grantor
      for
      any Person under any “bill and hold” or other arrangement, except at locations
      listed in Schedule 1.

     

    (i)   Intellectual
      Property.

     

    (i)   Except
      as set forth
      in Schedule 2, no Grantor (directly or through any Subsidiary) owns,
      possesses or uses under any licensing arrangement any patents, copyrights,
      trademarks, service marks or trade names, nor is there currently pending before
      any Governmental Authority any application for registration of any patent,
      copyright, trademark, service mark or trade name material to its business and
      operations;

     

    (ii)   each
      Grantor’s
      patents, copyrights, trademarks, service marks and trade names are subsisting
      and have not been adjudged invalid or unenforceable in whole or in
      part;

     

    (iii)   all
      maintenance
      fees required to be paid by any Grantor on account of any of its patents have
      been timely paid for maintaining such patents in force, and, to the best of
      such
      Grantor’s knowledge, each of such patents is valid and enforceable;

     

    (iv)   to
      the best of each
      Grantor’s knowledge, no infringement or unauthorized use presently is being made
      of any Intellectual Property Collateral by any Person that could reasonably
      be
      expected to have a Material Adverse Effect;

     

    (v)   each
      Grantor owns,
      has material rights under, is a party to, or an assignee of a party to all
      material licenses, patents, patent applications, copyrights, service marks,
      trademarks, trademark applications, trade names and all other Intellectual
      Property Collateral necessary to continue to conduct its business as heretofore
      conducted.

     

    (j)   Equipment.  As
      of
      the Closing Date, none of the Equipment that is material to any Grantor is
      leased from any Person, except as set forth in UCC record searches delivered
      to
      the Administrative Agent or as otherwise disclosed to the Administrative Agent
      and the Lenders.

     

    (k)   Deposit
      Accounts.  The
      names and addresses of all financial institutions at which any Grantor maintains
      its Deposit Accounts, and the account numbers and account names of such Deposit
      Accounts, are set forth in Schedule 1.

     

    
      
        
        

      

      
        Exhibit
          I
13

        
          

        

      

      
        
        

      

    

    (l)   Pledged
      Debt and
      Instrument Collateral.  (i) No
      Grantor has previously assigned any interest in the Pledged Debt or any
      Instrument Collateral (other than such interests as will be released on or
      before the date hereof), (ii) no Person other than such Grantor owns
      an
      interest in the Pledged Debt or Instrument Collateral (whether as joint holders,
      participants or otherwise), (iii) the entire Pledged Debt and Instrument
      Collateral is owing only to such Grantor, and (iv) no material default
      exists under or in respect of the Pledged Debt or Instrument
      Collateral.

     

    (m)   Pledged
      Shares,
      Partnership Collateral and other Pledged Collateral.  (i) All
      the Pledged Shares and Partnership Collateral have been, and upon issuance
      any
      additional Pledged Collateral consisting of Pledged Shares, Partnership
      Collateral or any other securities, will be, duly and validly issued, and are
      and will be fully paid and non-assessable, subject in the case of Partnership
      Collateral to future assessments required under applicable law and any
      applicable partnership agreement, (ii) the applicable Grantor is or,
      in the
      case of any such additional Pledged Collateral will be, the legal record and
      beneficial owner thereof, (iii) there are no restrictions on the
      transferability of the Pledged Collateral or such additional Pledged Collateral
      to the Administrative Agent or with respect to the foreclosure, transfer or
      disposition thereof by the Administrative Agent, except as provided under
      applicable securities or “Blue Sky” laws, (iv) except as set forth in
      Schedule 3 hereof or in Schedule 6.17 of the Credit Agreement,
      the
      Pledged Shares and Partnership Collateral constitute 100% of the issued and
      outstanding shares of capital stock of Holdings’ direct and indirect U.S.
      Subsidiaries, and 65% of the issued and outstanding shares of voting capital
      stock of the Holdings direct and indirect non-U.S. Subsidiaries (and 100% of
      all
      other stock of such non-U.S. Subsidiaries), in each case other than the capital
      stock of Subsidiaries owned by Non-Wholly-Owned Subsidiaries, and no securities
      convertible into or exchangeable for any shares of capital stock of any such
      Subsidiary, or any options, warrants or other commitments entitling any Person
      to purchase or otherwise acquire any shares of capital stock of any such
      Subsidiary, are issued and outstanding, and (v) any and all shareholders
      agreements, voting trusts, proxy agreements or other agreements or
      understandings which affect or relate to the voting or giving of written
      consents with respect to any of the Pledged Shares, and any and all partnership
      and other agreements relating to the Partnership Collateral, have been disclosed
      in writing to the Administrative Agent and the Lenders.

     

    (n)   Other
      Investment
      Property.  All
      securities accounts of the Grantors are set forth in Section 4 of
      Schedule 1 hereto, and all other Investment Property of the Grantors
      not
      otherwise held in a securities account are set forth in Section 5 of
      Schedule 1 hereto.  No securities account control agreements
      exist with respect to any Investment Property other than Securities Account
      Control Agreements in favor of the Administrative Agent.

     

    (o)   Commercial
      Tort
      Claims.  Exhibit
      A to this Agreement is a complete list of all commercial tort claims in which
      a
      Grantor is a plaintiff or to which a Grantor has any beneficial right or
      interest.

     

    
      
        
        

      

      
        Exhibit
          I
14

        
          

        

      

      
        
        

      

    

    (p)   Deposit
      Accounts.  Section 3
      of Schedule 1 is a complete list of all of Grantors’ Deposit Accounts, each
      of which is designated on such schedule as either a Primary Account, a Zero
      Balance Account or an Other Account.  No deposit account control
      agreements exist with respect to any Deposit Accounts other than Deposit Account
      Control Agreements in favor of the Administrative Agent.

     

    SECTION
      5. 
Covenants.  In
      addition to the covenants of the Grantors set forth in the Credit Agreement,
      which are incorporated herein by this reference, so long as any of the Secured
      Obligations remain unsatisfied or any Lender shall have any Commitment or any
      Letter of Credit shall be outstanding, each Grantor agrees that:

     

    (a)   Defense
      of
      Collateral.  Each
      Grantor shall appear in and defend any action, suit or proceeding which may
      affect to a material extent its title to, or right or interest in, or the
      Administrative Agent’s right or interest in, the Collateral.

     

    (b)   Preservation
      of
      Collateral.  Each
      Grantor shall do and perform all reasonable acts that may be necessary and
      appropriate to maintain, preserve and protect the Collateral.

     

    (c)   Compliance
      with
      Laws, Etc.  Each
      Grantor shall
      comply in all material respects with all laws, regulations and ordinances,
      and
      all policies of insurance, relating in a material way to the possession,
      operation, maintenance and control of the Collateral.

     

    (d)   Location
      of
      Books, Chief Executive Office and Place of Incorporation.  Each
      Grantor shall: (i) keep all Books pertaining to the Rights to Payment
      at
      the locations set forth in Schedule 1; and (ii) give at least
      30 days’
      prior written notice to the Administrative Agent of (A) any changes
      in any
      such location where Books pertaining to the Rights to Payment are kept,
      including any change of name or address of any service bureau, computer or
      data
      processing company or other Person preparing or maintaining any Books or
      collecting Rights to Payment for such Grantor; (B) any changes in the
      location of such Grantor’s chief executive office or principal place of
      business; or (C) any changes in such Grantor’s Jurisdiction of
      Organization.

     

    (e)   Location
      of
      Collateral.  If
      any
      Inventory or Equipment of any Grantor shall be relocated to, or otherwise be
      located in, a state of the United States in which a financing statement has
      not
      already been filed with respect to such Inventory or Equipment, and the
      aggregate value of all such Inventory and Equipment equals or exceeds $1,000,000
      (as determined by the Company using net book values as determined in accordance
      with GAAP), such Grantor shall give the Administrative Agent prompt notice
      thereof (and in any event not later than three Business Days after becoming
      aware thereof).

     

    (f)   Change
      in Name,
      Identity or Structure.  Each
      Grantor shall give at least 30 days’ prior written notice to the Administrative
      Agent of (i) any change in its name, (ii) any changes in, additions
      to
      or other modifications of its trade names and trade styles set forth in
      Schedule 1, and (iii) any changes in its identity or structure
      in any
      manner which might make any financing statement filed hereunder incorrect or
      misleading.

     

    
      
        
        

      

      
        Exhibit
          I
15

        
          

        

      

      
        
        

      

    

    (g)   Maintenance
      of
      Records.  Each
      Grantor shall keep accurate and complete Books with respect to the Collateral,
      disclosing the Administrative Agent’s security interest hereunder.

     

    (h)   Invoicing
      of
      Sales.  The
      Grantor will invoice all of its sales upon forms customary in the industry
      and
      to maintain proof of delivery and customer acceptance of goods.

     

    (i)   Disposition
      of
      Collateral.  Each
      Grantor shall not surrender or lose possession of (other than to the
      Administrative Agent), sell, lease, rent, or otherwise dispose of or transfer
      any of the Collateral or any right or interest therein, except to the extent
      permitted by the Loan Documents (including dispositions permitted under
      Section 8.02 of the Credit Agreement).

     

    (j)   Liens.  Each
      Grantor shall keep the Collateral free of all Liens except Permitted
      Liens.

     

    (k)   Expenses.  The
      Grantor (or a purchaser of Inventory) will pay all expenses of protecting,
      storing, warehousing, insuring, handling and shipping the
      Collateral.

     

    (l)   Leased
      Premises.  At
      the
      Administrative Agent’s request, any Grantor shall obtain from each Person from
      whom such Grantor leases any premises at which any Collateral is at any time
      present such subordination, waiver, consent and estoppel agreements as the
      Administrative Agent may reasonably require, in form and substance satisfactory
      to the Administrative Agent.

     

    (m)   Rights
      to
      Payment.  Each
      Grantor shall:

     

    (i)   with
      such frequency
      as the Administrative Agent or the Majority Lenders may require, furnish to
      the
      Administrative Agent and the Lenders such information relating to the Accounts
      as the Administrative Agent or the Majority Lenders shall from time to time
      reasonably request;

     

    (ii)   give
      only normal
      discounts, allowances and credits as to Accounts and other Rights to Payment,
      in
      the ordinary course of business, according to normal trade practices, and
      enforce all Accounts and other Rights to Payment strictly in accordance with
      their terms, and during the existence of an Event of Default, take all such
      action to such end as may from time to time be reasonably requested by the
      Administrative Agent or the Majority Lenders, except that such Grantor may
      at
      any time grant any extension of the time for payment or enter into any agreement
      to make a rebate or otherwise to reduce the amount owing on or with respect
      to,
      or compromise or settle for less than the full amount thereof, any Account
      or
      other Right to Payment, in the ordinary course of business, according to normal
      trade practices;

     

    
      
        
        

      

      
        Exhibit
          I
16

        
          

        

      

      
        
        

      

    

    (iii)   if
      any discount,
      allowance, credit, extension of time for payment, agreement to make a rebate
      or
      otherwise to reduce the amount owing on, or compromise or settle, an Account
      or
      other Right to Payment exists or occurs, or if, to the knowledge of any Grantor,
      any dispute, setoff, claim, counterclaim or defense exists or has been asserted
      or threatened with respect to an Account or other Right to Payment, disclose
      such fact to the Administrative Agent in the Books relating to such Account
      or
      other Right to Payment when such Books are requested for inspection by the
      Administrative Agent, and in connection with any invoice or report furnished
      by
      any Grantor to the Administrative Agent relating to such Account or other Right
      to Payment;

     

    (iv)   if
      any Accounts
      arise from contracts with the United States or any department, agency or
      instrumentality thereof, promptly notify the Administrative Agent thereof and
      execute any documents and instruments and take any other steps reasonably
      requested by the Administrative Agent in order that all monies due and to become
      due thereunder shall be assigned to the Administrative Agent and notice thereof
      given to the Federal authorities under the Federal Assignment of Claims Act
      (provided that such assignment and notice shall not be required if the
      applicable contract prohibits assignment);

     

    (v)   in
      accordance with
      its sound business judgment perform and comply in all material respects with
      its
      obligations in respect of the Accounts and other Rights to Payment;

     

    (vi)   upon
      the request of
      the Administrative Agent or the Majority Lenders (A) at any time, notify
      all or any designated portion of the account debtors and other obligors on
      the
      Rights to Payment of the security interest hereunder, and (B) upon the
      occurrence of an Event of Default) notify the account debtors and other obligors
      on the Rights to Payment or any designated portion thereof that payment shall
      be
      made directly to the Administrative Agent or to such other Person or location
      as
      the Administrative Agent shall specify; and

     

    (vii)   upon
      the occurrence
      of any Event of Default, establish such lockbox or similar arrangements for
      the
      payment of the Accounts and other Rights to Payment as the Administrative Agent
      shall require.

     

    (n)   Deposit
      Accounts
      and Securities Accounts.  Each
      Grantor shall give the Administrative Agent prompt notice of the establishment
      of any new Deposit Account and any new securities account with respect to any
      Investment Property, and each Grantor shall execute a Deposit Account Control
      Agreement, with respect to such new Primary Account and a Securities Account
      Control Agreement, with respect to such new securities account, in favor of
      the
      Administrative Agent or take such other action as is requested by the
      Administrative Agent with respect to such Deposit Account as is required by
      Section 3(d) hereof and with respect to such securities account as is
      required by Section 3(g) hereof.

     

    
      
        
        

      

      
        Exhibit
          I
17

        
          

        

      

      
        
        

      

    

    (o)   Inventory.  Each
      Grantor shall:

     

    (i)   at
      such times as
      the Administrative Agent or the Majority Lenders shall request, prepare and
      deliver to the Administrative Agent a report of all Inventory, in form and
      substance satisfactory to the Administrative Agent and the Majority
      Lenders;

     

    (ii)   upon
      the request of
      the Administrative Agent or the Majority Lenders, take a physical listing of
      the
      Inventory and promptly deliver a copy of such physical listing to the
      Administrative Agent; and

     

    (iii)   not
      store any
      Inventory with a bailee, warehouseman or similar Person or on premises leased
      to
      any Grantor, nor dispose of any Inventory on a bill-and-hold, guaranteed sale,
      sale and return, sale on approval, consignment or similar basis, nor acquire
      any
      Inventory from any Person on any such basis, except in the ordinary course
      of
      business and in accordance with its normal practices.

     

    (p)   Equipment.  Each
      Grantor shall, upon the Administrative Agent’s or the Majority Lenders’ request,
      deliver to the Administrative Agent a report of each item of Equipment, in
      form
      and substance satisfactory to the Administrative Agent and the Majority
      Lenders.

     

    (q)   Intellectual
      Property Collateral.  Each
      Grantor shall:

     

    (i)   not
      allow or suffer
      any Intellectual Property Collateral to become abandoned, nor any registration
      thereof to be terminated, forfeited, expired or dedicated to the public, except
      for Intellectual Property Collateral having negligible commercial
      value;

     

    (ii)   not
      enter into any
      agreements or transactions (including any license, sublicense or royalty
      agreement) pertaining to any Intellectual Property Collateral outside of the
      ordinary course of business, or enter into any exclusive license or sublicense
      of any Intellectual Property Collateral, except in a transaction permitted
      under
      the Loan Documents;

     

    (iii)   promptly
      give the
      Administrative Agent notice of any rights any Grantor may obtain to any new
      patentable inventions, copyrightable works or other new Intellectual Property
      Collateral which such Grantor intends to register, prior to the filing of any
      application for registration thereof; and

     

    (iv)   diligently
      prosecute all applications for patents, copyrights and trademarks, and file
      and
      prosecute any and all continuations, continuations-in-part, applications for
      reissue, applications for certificate of correction and like matters as shall
      be
      reasonable and appropriate in accordance with prudent business practice, and
      promptly and timely pay any and all maintenance, license, registration and
      other
      fees, taxes and expenses incurred in connection with any Intellectual Property
      Collateral.

     

    
      
        
        

      

      
        Exhibit
          I
18

        
          

        

      

      
        
        

      

    

    (r)   Notices,
      Reports
      and Information.  Each
      Grantor shall (i) notify the Administrative Agent of any material claim
      made or asserted against the Collateral by any Person and of any change in
      the
      composition of the Collateral or other event which could materially adversely
      affect the value of the Collateral or the Administrative Agent’s Lien thereon;
      (ii) furnish to the Administrative Agent such statements and schedules
      further identifying and describing the Collateral and such other reports and
      other information in connection with the Collateral as the Administrative Agent
      or the Majority Lenders may reasonably request, all in reasonable detail; and
      (iii) upon reasonable request of the Administrative Agent or the Majority
      Lenders make such demands and requests for information and reports as any
      Grantor is entitled to make in respect of the Collateral.

     

    (s)   Shareholder
      Agreements.  No
      Grantor shall enter into any shareholders agreement, voting trust, proxy
      agreement or other agreement or understanding which in any material respect
      affects or relates to the voting or giving of written consents with respect
      to
      any of the Pledged Collateral.

     

    (t)   Insurance.

     

    (i)   Each
      Grantor shall
      carry and maintain in full force and effect, at the expense of the Grantors
      and
      with financially sound and reputable insurance companies, insurance with respect
      to the Collateral in such amounts, with such deductibles and covering such
      risks
      as shall be specified in the Credit Agreement.  Upon the request
      of
      the Administrative Agent or the Majority Lenders from time to time, and in
      any
      event not less often than annually, each Grantor shall furnish the
      Administrative Agent with full information as to the insurance carved by it
      and,
      if so requested, copies of all such insurance policies.  All
      insurance
      policies required under this subsection (t) shall provide that they
      shall
      not be terminated or cancelled nor shall any such policy be materially changed
      without at least 30 days’ prior written notice to the Grantor and the
      Administrative Agent (or 10 days’ prior written notice if the Administrative
      Agent consents to such shorter notice).  Receipt of notice of
      termination or cancellation of any such insurance policies or reduction of
      coverages or amounts thereunder shall entitle the Administrative Agent to renew
      any such policies, cause the coverages and amounts thereof to be maintained
      at
      levels required pursuant to the first sentence of this subsection (t)
      or
      otherwise to obtain similar insurance in place of such policies, in each case
      at
      the expense of the Grantors.

     

    
      
        
        

      

      
        Exhibit
          I
19

        
          

        

      

      
        
        

      

    

    (ii)   If
      Collateral with
      a value exceeding $5,000,000 of any Grantor shall be materially damaged or
      destroyed, in whole or in part, by fire or other casualty, such Grantor shall
      give prompt notice thereof to the Administrative Agent.  No settlement
      on account of any loss on any such Collateral covered by insurance shall be
      made
      for less than insured value without the consent of the Majority
      Lenders.  After the occurrence and during the continuance of
      an Event
      of Default, or as otherwise required under the Loan Documents, all sums payable
      to any Grantor by any insurer with respect to a casualty relating to all or
      any
      part of the Collateral shall be paid to the Administrative Agent.  If
      any Grantor shall receive any insurance proceeds which are to be paid to the
      Administrative Agent pursuant to the previous sentence, such Grantor shall
      hold
      such proceeds in trust for the Administrative Agent, shall segregate such
      proceeds from other funds of such Grantor, and shall immediately forward such
      proceeds in the form received to the Administrative Agent (appropriately
      indorsed by such Grantor to the order of the Administrative Agent or in such
      other manner as shall be satisfactory to the Administrative
      Agent).  All such insurance proceeds may be retained by the
      Administrative Agent as part of Collateral hereunder and held in the Proceeds
      Account, applied by the Administrative Agent toward payment of all or part
      of
      the Secured Obligations in such order as is provided herein, or released to
      such
      Grantor upon its request with the consent of the Majority Lenders.

     

    (u)   Commercial
      Tort
      Claims.  Each
      Grantor will promptly notify the Administrative Agent from time to time of
      any
      commercial tort claim which is filed by such Grantor, or in which such Grantor
      obtains any beneficial right or interest, after the date hereof or which are
      not
      listed on Exhibit A.  Each Grantor authorizes the Administrative
      Agent, without notice to such Grantor, to modify this Agreement by amending
      Exhibit A to include such Collateral.

     

    (v)   Zero
      Balance
      Accounts.  Each
      Grantor shall take all steps necessary to ensure that (i) each Zero
      Balance
      Account is swept into a Primary Account no less frequently than every other
      day,
      and (ii) no Zero Balance Account shall maintain a balance in excess
      of
      $5,000 for a period in excess of three consecutive Business Days.

     

    SECTION
      6. 
Administration
      of the Rights to Payment and Pledged Collateral.

     

    (a)   Collection
      of
      Rights to Payment.  Until
      the Administrative Agent exercises its rights hereunder to collect Rights to
      Payment, each Grantor shall endeavor in the first instance diligently to collect
      all amounts due or to become due on or with respect to the Rights to
      Payment.  At the request of the Administrative Agent or the Majority
      Lenders, upon and after the occurrence of any Event of Default, all remittances
      received by any Grantor shall be held in trust for the Administrative Agent
      and,
      in accordance with the Administrative Agent’s instructions, remitted to the
      Administrative Agent or deposited to an account with the Administrative Agent
      in
      the form received (with any necessary endorsements or instruments of assignment
      or transfer).

     

    
      
        
        

      

      
        Exhibit
          I
20

        
          

        

      

      
        
        

      

    

    (b)   Investment
      Property and Instruments.  Unless
      and until an Event of Default shall have occurred, each Grantor shall be
      entitled to receive and retain for its own account any cash dividend on or
      other
      cash distribution, if any, in respect of the Pledged Collateral, to the extent
      consistent with the Credit Agreement; provided, however, that, except in
      connection with transactions permitted under Section 8.02 or
      Section 8.03 of the Credit Agreement, such Grantor shall not be entitled
      to
      receive (i) cash paid, payable or otherwise distributed in redemption of, or
      in
      exchange for or in substitution of, any Pledged Collateral, or (ii) dividends
      and other distributions paid or payable in cash in respect of any Pledged
      Collateral in connection with a partial or total liquidation or dissolution
      of
      such Grantor or in connection with a reduction of capital, capital surplus
      or
      paid-in-surplus or any other type of recapitalization.  At the
      request
      of the Administrative Agent or the Majority Lenders, during the continuance
      of
      any Event of Default, the Administrative Agent shall be entitled to receive
      all
      distributions and payments of any nature with respect to any Investment Property
      or Instruments, and all such distributions or payments received by any Grantor
      shall be held in trust for the Administrative Agent and, in accordance with
      the
      Administrative Agent’s instructions, remitted to the Administrative Agent or
      deposited to an account with the Administrative Agent in the form received
      (with
      any necessary endorsements or instruments of assignment or
      transfer).  Following the occurrence of an Event of Default any
      such
      distributions and payments with respect to any Investment Property held in
      any
      securities account shall be held and retained in such securities account, in
      each case as part of the Collateral hereunder.  Additionally,
      the
      Administrative Agent shall have the right, upon the occurrence of an Event
      of
      Default, following prior written notice to any Grantor, to vote and to give
      consents, ratifications and waivers with respect to any Investment Property,
      Pledged Debt and Instruments, and to exercise all rights of conversion,
      exchange, subscription or any other rights, privileges or options pertaining
      thereto, as if the Administrative Agent were the absolute owner thereof;
      provided that the Administrative Agent shall have no duty to exercise any of
      the
      foregoing rights afforded to it and shall not be responsible to any Grantor
      or
      any other Person for any failure to do so or delay in doing so.

     

    (c)   Voting
      Prior to
      an Event of Default.  Unless
      and until an Event of Default shall have occurred and be continuing each Grantor
      shall have the right to vote the Pledged Collateral and to give consents,
      ratifications and waivers in respect thereof, and shall retain the power to
      control the direction, management and policies of any Person comprising the
      Pledged Collateral to the same extent as such Grantor would if the Pledged
      Collateral were not pledged to the Administrative Agent pursuant to this
      Agreement; provided, however, that no vote shall be cast or consent, waiver
      or
      ratification given or action taken which would have the effect of materially
      impairing the position or interest of the Administrative Agent and the Secured
      Parties in respect of the Pledged Collateral or which would alter the voting
      rights with respect to the stock or other ownership interest in or of any such
      Person or be inconsistent with or violate any provision of this Agreement,
      the
      Credit Agreement, or any other Loan Documents.  If applicable,
      such
      Grantor shall be deemed the beneficial owner of all Pledged Collateral for
      purposes of Sections 13 and 16 of the Exchange Act and agrees to file
      all
      reports required to be filed by beneficial owners of securities
      thereunder.  The Administrative Agent shall execute and deliver
      (or
      cause to be executed and delivered) to each Grantor all such proxies and other
      instruments as such Grantor may reasonably request for the purpose of enabling
      such Grantor to exercise the voting and other rights which it is entitled to
      exercise pursuant to this subsection (c) and to receive the distributions
      which it is authorized to receive and retain pursuant to this
      subsection (c).

     

    
      
        
        

      

      
        Exhibit
          I
21

        
          

        

      

      
        
        

      

    

    (d)   General
      Authority upon an Event of Default.  During
      the continuance of any Event of Default:

     

    (i)   the
      Administrative
      Agent shall be entitled to receive all distributions and payments of any nature
      with respect to the Pledged Collateral, to be held by the Administrative Agent
      as part of the Pledged Collateral; and

     

    (ii)   the
      Administrative
      Agent shall have the right following prior written notice to the Grantor to
      vote
      or consent to take any action with respect to the Pledged Collateral and
      exercise all rights of conversion, exchange, subscription or any other rights,
      privileges or options pertaining to the Pledged Collateral, as if the
      Administrative Agent were the absolute owner thereof.

     

    (e)   Distributions
      to
      Be Held for Administrative Agent.  Distributions
      and other payments which are received by the Grantor but which it is not
      entitled to retain as a result of the operation of this Section 6 shall
      be
      held in trust for the benefit of the Administrative Agent, be segregated from
      the other property or funds of such Grantor, and be forthwith paid over or
      delivered to the Administrative Agent in the same form as so
      received.

     

    (f)   Certain
      Other
      Administrative Matters.  The
      Administrative Agent may cause any of the Pledged Collateral to be transferred
      into its name or into the name of its nominee or nominees (subject to the
      revocable rights specified in this Section 6) if, in the Administrative
      Agent’s reasonable discretion, such action is necessary or desirable to protect
      or exercise the Administrative Agent’s rights and interests
      hereunder.  The Administrative Agent shall at all times have
      the right
      to exchange uncertificated Pledged Collateral for certificated Pledged
      Collateral, and to exchange certificated Pledged Collateral for certificates
      of
      larger or smaller denominations, for any purpose consistent with this
      Agreement.

     

    SECTION
      7.   Authorization;
      Administrative Agent Appointed Attorney-in-Fact.  The
      Administrative Agent shall have the right to, in the name of any Grantor, or
      in
      the name of the Administrative Agent or otherwise, without notice to or assent
      by such Grantor, and each Grantor hereby constitutes and appoints the
      Administrative Agent (and any of the Administrative Agent’s officers or
      employees or agents designated by the Administrative Agent) as such Grantor’s
      true and lawful attorney-in-fact, with full power and authority to:

     

    (i)   sign
      any of the
      financing statements which must be executed or filed to perfect or continue
      perfected, maintain the priority of or provide notice of the Administrative
      Agent’s security interest in the Collateral and file any such financing
      statements by electronic means with or without a signature as authorized or
      required by applicable law or filing procedures;

     

    (ii)   take
      possession of
      and endorse any notes, acceptances, checks, drafts, money orders or other forms
      of payment or security and collect any Proceeds of any Collateral;

     

    
      
        
        

      

      
        Exhibit
          I
22

        
          

        

      

      
        
        

      

    

    (iii)   sign
      and endorse
      any invoice or bill of lading relating to any of the Collateral, warehouse
      or
      storage receipts, drafts against customers or other obligors, assignments,
      notices of assignment, verifications and notices to customers or other
      obligors;

     

    (iv)   notify
      the U.S.
      Postal Service and other postal authorities to change the address for delivery
      of mail addressed to any Grantor to such address as the Administrative Agent
      may
      designated (provided that the Administrative Agent agrees it will promptly
      deliver over to such Grantors any mail that does not relate to the Collateral);
      and, without limiting the generality of the foregoing, establish with any Person
      lockbox or similar arrangements for the payment of the Rights to
      Payment;

     

    (v)   receive,
      open and
      dispose of all mail addressed to any Grantor (provided that the Administrative
      Agent agrees it will promptly deliver over to such Grantors any mail that does
      not relate to the Collateral);

     

    (vi)   send
      requests for
      verification of Rights to Payment to the customers or other obligors of any
      Grantor;

     

    (vii)   contact,
      or direct
      any Grantor to contact, all account debtors and other obligors on the Rights
      to
      Payment and instruct such account debtors and other obligors to make all
      payments directly to the Administrative Agent;

     

    (viii)   assert,
      adjust, sue
      for, compromise or release any claims under any policies of
      insurance;

     

    (ix)   exercise
      dominion
      and control over, and refuse to permit further withdrawals from, Deposit
      Accounts maintained with any bank, financial institution or other
      Person;

     

    (x)   notify
      each Person
      maintaining lockbox or similar arrangements for the payment of the Rights to
      Payment to remit all amounts representing collections on the Rights to Payment
      directly to the Administrative Agent;

     

    (xi)   ask,
      demand,
      collect, receive and give acquittances and receipts for any and all Rights
      to
      Payment, enforce payment or any other rights in respect of the Rights to Payment
      and other Collateral, grant consents, agree to any amendments, modifications
      or
      waivers of the agreements and documents governing the Rights to Payment and
      other Collateral, and otherwise file any claims, take any action or institute,
      defend, settle or adjust any actions, suits or proceedings with respect to
      the
      Collateral, as the Administrative Agent or the Majority Lenders may deem
      necessary or desirable to maintain, preserve and protect the Collateral, to
      collect the Collateral or to enforce the rights of the Administrative Agent
      with
      respect to the Collateral;

     

    
      
        
        

      

      
        Exhibit
          I
23

        
          

        

      

      
        
        

      

    

    (xii)   execute
      any and all
      applications, documents, papers and instruments necessary for the Administrative
      Agent to use the Intellectual Property Collateral and grant or issue any
      exclusive or non-exclusive license or sublicense with respect to any
      Intellectual Property Collateral;

     

    (xiii)   execute
      any and all
      endorsements, assignments or other documents and instruments necessary to sell,
      lease, assign, convey or otherwise transfer title in or dispose of the
      Collateral;

     

    (xiv)   execute
      and deliver
      to any securities intermediary or other Person any entitlement order, Account
      Control Agreement or other notice, document or instrument which the
      Administrative Agent may deem necessary of advisable (A) to realize
      upon
      the Collateral, and (B) to maintain, protect and preserve the Investment
      Property and the Administrative Agent’s security interest therein;
      and

     

    (xv)   execute
      any and all
      such other documents and instruments, and do any and all acts and things for
      and
      on behalf of any Grantor, which the Administrative Agent or the Majority Lenders
      may deem necessary or advisable (A) to realize upon the Collateral,
      and
      (B) to maintain, protect and preserve the Collateral and the Administrative
      Agent’s security interest therein and to accomplish the purposes of this
      Agreement.

     

    The
      Administrative
      Agent agrees that, except upon and after the occurrence of an Event of Default,
      it shall not exercise the power of attorney, or any rights granted to the
      Administrative Agent, pursuant to clauses (ii) through (xiii), (xiv)(A) and
      (xv)(A).  The foregoing power of attorney is coupled with an
      interest
      and irrevocable so long as the Lenders have any Commitments or any Letter of
      Credit remains outstanding or the Secured Obligations have not been paid and
      performed in full.  Each Grantor hereby ratifies, to the extent
      permitted by law, all that the Administrative Agent shall lawfully and in good
      faith do or cause to be done by virtue of and in compliance with this
      Section 7.

     

    SECTION
      8. 
Administrative
      Agent Performance of Company Obligations.  The
      Administrative Agent may perform or pay any obligation which any Grantor has
      agreed to perform or pay under or in connection with this Agreement, and which
      such Grantor has failed to perform or pay as and when due, and such Grantor
      shall reimburse the Administrative Agent on demand for any amounts paid by
      the
      Administrative Agent pursuant to this Section 8.

     

    SECTION
      9. 
Administrative
      Agent’s Duties.  Notwithstanding
      any provision contained in this Agreement, the Administrative Agent shall have
      no duty to exercise any of the rights, privileges or powers afforded to it
      and
      shall not be responsible to any Grantor or any other Person for any failure
      to
      do so or delay in doing so.  Beyond the exercise of reasonable
      care to
      assure the safe custody of Collateral in the Administrative Agent’s possession
      and the accounting for moneys actually received by the Administrative Agent
      hereunder, the Administrative Agent shall have no duty or liability to exercise
      or preserve any rights, privileges or powers pertaining to the
      Collateral.

     

    
      
        
        

      

      
        Exhibit
          I
24

        
          

        

      

      
        
        

      

    

    SECTION
      10. 
Remedies.

     

    (a)   Remedies.  During
      the continuance of any Event of Default, the Administrative Agent shall have,
      in
      addition to all other rights and remedies granted to it in this Agreement,
      the
      Credit Agreement or any other Loan Document, all rights and remedies of a
      secured party under the UCC and other applicable laws.  Without
      limiting the generality of the foregoing, each Grantor agrees that:

     

    (i)   The
      Administrative
      Agent may peaceably and without notice enter any premises of any Grantor, take
      possession of any Collateral, remove or dispose of all or part of the Collateral
      on any premises of any Grantor or elsewhere, or, in the case of Equipment,
      render it nonfunctional, and otherwise collect, receive, appropriate and realize
      upon all or any part of the Collateral, and demand, give receipt for, settle,
      renew, extend, exchange, compromise, adjust, or sue for all or any part of
      the
      Collateral, as the Administrative Agent may determine.

     

    (ii)   The
      Administrative
      Agent may require any Grantor to assemble all or any part of the Collateral
      and
      make it available to the Administrative Agent, at any place and time designated
      by the Administrative Agent.

     

    (iii)   The
      Administrative
      Agent may use or transfer any of any Grantor’s rights and interests in any
      Intellectual Property Collateral, by license, by sublicense (to the extent
      permitted by an applicable license) or otherwise, on such conditions and in
      such
      manner as the Administrative Agent may determine.

     

    (iv)   The
      Administrative
      Agent may secure the appointment of a receiver of the Collateral or any part
      thereof (to the extent and in the manner provided by applicable
      law).

     

    (v)   The
      Administrative
      Agent may withdraw (or cause to be withdrawn) any and all funds from any Deposit
      Accounts or securities accounts.

     

    (vi)   The
      Administrative
      Agent may sell, resell, lease, use, assign, transfer or otherwise dispose of
      any
      or all of the Collateral in its then condition or following any commercially
      reasonable preparation or processing (utilizing in connection therewith any
      of
      any Grantor’s assets, without charge or liability to the Administrative Agent
      therefor) at public or private sale, by one or more contracts, in one or more
      parcels, at the same or different times, for cash or credit or for future
      delivery without assumption of any credit risk, all as the Administrative Agent
      deems advisable; provided, however, that such Grantor shall be credited with
      the
      net proceeds of sale only when such proceeds are finally collected by the
      Administrative Agent.  The Administrative Agent and each of the
      Lenders shall have the right upon any such public sale, and, to the extent
      permitted by law, upon any such private sale, to purchase the whole or any
      part
      of the Collateral so sold, free of any right or equity of redemption, which
      right or equity of redemption each Grantor hereby releases, to the extent
      permitted by law.  Each Grantor hereby agrees that the sending
      of
      notice by ordinary mail, postage prepaid, to the address of such Grantor set
      forth in the Credit Agreement, of the place and time of any public sale or
      of
      the time after which any private sale or other intended disposition is to be
      made, shall be deemed reasonable notice thereof if such notice is sent ten
      days
      prior to the date of such sale or other disposition or the date on or after
      which such sale or other disposition may occur, provided that the Administrative
      Agent may provide any Grantor shorter notice or no notice, to the extent
      permitted by the UCC or other applicable law.  Each Grantor recognizes
      that the Administrative Agent may be unable to make a public sale of any or
      all
      of the Pledged Collateral, by reason of prohibitions contained in applicable
      securities laws or otherwise, and expressly agrees that a private sale to a
      restricted group of purchasers for investment and not with a view to any
      distribution thereof shall be considered a commercially reasonable
      sale.

     

    
      
        
        

      

      
        Exhibit
          I
25

        
          

        

      

      
        
        

      

    

    (b)   License.  For
      the purpose of enabling the Administrative Agent to exercise its rights and
      remedies under this Section 10 or otherwise in connection with this
      Agreement, each Grantor hereby grants to the Administrative Agent an
      irrevocable, non-exclusive and assignable license (exercisable without payment
      or royalty or other compensation to any Grantor) to use, license or sublicense
      any Intellectual Property Collateral.

     

    (c)   Proceeds
      Account.  To
      the
      extent that any of the Secured Obligations may be contingent, unmatured or
      unliquidated at such time as there may exist an Event of Default (including
      with
      respect to undrawn amounts under any Letter of Credit), the Administrative
      Agent
      may, at its election (in accordance with the direction of the Majority Lenders),
      (i) retain the proceeds of any sale, collection, disposition or other
      realization upon the Collateral (or any portion thereof) in a special purpose
      non-interest-bearing restricted deposit account (the “Proceeds Account”) created
      and maintained by the Administrative Agent for such purpose (which shall
      constitute a Deposit Account included within the Collateral hereunder) until
      such time as the Administrative Agent may elect to apply such proceeds to the
      Secured Obligations, and each Grantor agrees that such retention of such
      proceeds by the Administrative Agent shall not be deemed strict foreclosure
      with
      respect thereto; (ii) in any manner elected by the Administrative Agent,
      estimate the liquidated amount of any such contingent, unmatured or unliquidated
      claims and apply the proceeds of the Collateral against such amount; or
      (iii) otherwise proceed in any manner permitted by applicable
      law.  Each Grantor agrees that the Proceeds Account shall be
      a blocked
      account and that upon the irrevocable deposit of funds into the Proceeds
      Account, such Grantor shall not have any right of withdrawal with respect to
      such funds.  Accordingly, each Grantor irrevocably waives until
      the
      termination of the security interests granted under this Agreement in accordance
      with Section 22 the right to make any withdrawal from the Proceeds Account
      and the right to instruct the Administrative Agent to honor drafts against
      the
      Proceeds Account.

     

    
      
        
        

      

      
        Exhibit
          I
26

        
          

        

      

      
        
        

      

    

    (d)   Application
      of
      Proceeds.  Subject
      to subsection (c), cash proceeds actually received from the sale or
      other
      disposition or collection of Collateral, and any other amounts received in
      respect of the Collateral the application of which is not otherwise provided
      for
      herein, shall be applied (after payment of any amounts payable to the
      Administrative Agent pursuant to Section 8 or Section 14) in
      whole or
      in part by the Administrative Agent for the benefit of the Secured Parties
      against all or any part of the Secured Obligations in the following order:
      (i) first, to any fees due under the Loan Documents; (ii) next,
      to any
      interest due under the Loan Documents; and (iii) last, to any principal
      due
      under the Loan Documents and to any other Secured Obligations.  Any
      surplus thereof which exists after payment and performance in full of the
      Secured Obligations shall be promptly paid over to Holdings and the Company
      or
      otherwise disposed of in accordance with the UCC or other applicable
      law.  Each Grantor shall remain liable to the Administrative
      Agent and
      other Secured Parties for any deficiency which exists after any sale or other
      disposition or collection of Collateral.

     

    (e)   Actions
      by the
      Administrative Agent.  In
      taking any action under this Section 10 or otherwise taking action as
      Administrative Agent on behalf of the Secured Parties and exercising such powers
      and performing such duties under this Agreement as are granted to the
      Administrative Agent hereunder, the Administrative Agent shall act in each
      case
      in accordance with the instructions of the Majority Lenders; provided, however,
      that, without the consent of all Lenders, the Administrative Agent shall not,
      and may not be directed to, release any of the Collateral or terminate this
      Agreement, except in connection with a sale or other disposition of Collateral
      under this Section 10, as otherwise contemplated or permitted hereunder
      or
      under the Credit Agreement or as contemplated by Section 22
      hereof.

     

    SECTION
      11. 
Certain
      Waivers.  Each
      Grantor waives, to the fullest extent permitted by law, (i) any right
      of
      redemption with respect to the Collateral, whether before or after sale
      hereunder, and all rights, if any, of marshalling of the Collateral or other
      collateral or security for the Secured Obligations; (ii) any right to
      require the Administrative Agent or the Lenders (A) to proceed against
      any
      Person, (B) to exhaust any other collateral or security for any of the
      Secured Obligations, (C) to pursue any remedy in the Administrative
      Agent’s
      or any of the Lenders’ power, or (D) to make or give any presentments,
      demands for performance, notices of nonperformance, protests, notices of
      protests or notices of dishonor in connection with any of the Collateral; and
      (iii) all claims, damages, and demands against the Administrative Agent
      or
      the Lenders arising out of the repossession, retention, sale or application
      of
      the proceeds of any sale of the Collateral.

     

    SECTION
      12. 
Notices.  All
      notices or other communications hereunder shall be given in the manner and
      to
      the addresses specified in, and shall be effective as provided in, the Credit
      Agreement.

     

    SECTION
      13. 
No
      Waiver; Cumulative Remedies.  No
      failure on the part of the Administrative Agent or any Lender to exercise,
      and
      no delay in exercising, any right, remedy, power or privilege hereunder shall
      operate as a waiver thereof, nor shall any single or partial exercise of any
      such right, remedy, power or privilege preclude any other or further exercise
      thereof or the exercise of any other right, remedy, power or
      privilege.  The rights and remedies under this Agreement are
      cumulative and not exclusive of any rights, remedies, powers and privileges
      that
      may otherwise be available to the Administrative Agent or any
      Lender.

     

    
      
        
        

      

      
        Exhibit
          I
27

        
          

        

      

      
        
        

      

    

    SECTION
      14. 
Costs
      and
      Expenses; Indemnification; Other Charges.

     

    (a)   Costs
      and
      Expenses.  The
      Grantors jointly and severally agree to pay on demand:

     

    (i)   the
      out-of-pocket
      costs and expenses of the Administrative Agent and any of its Affiliates, and
      the Administrative Agent’s reasonable Attorney Costs, in connection with the
      negotiation, preparation, execution, delivery and administration of this
      Agreement, and any amendments, modifications or waivers of the terms thereof,
      any releases of Collateral, and the custody of the Collateral;

     

    (ii)   all
      reasonable
      title, appraisal (including the allocated costs of internal appraisal services),
      survey, audit, consulting, search, recording, filing and similar fees, costs
      and
      expenses incurred or sustained by the Administrative Agent or any of its
      Affiliates in connection with this Agreement or the Collateral; and

     

    (iii)   all
      costs and
      expenses of the Administrative Agent and its Affiliates, including all
      reasonable Attorney Costs, in connection with the enforcement or attempted
      enforcement of, and preservation of any rights or interests under, this
      Agreement, any out-of-court workout or other refinancing or restructuring or
      in
      any bankruptcy case, and the protection, sale or collection of, or other
      realization upon, any of the Collateral, including all expenses of taking,
      collecting, holding, sorting, handling, preparing for sale, selling, or the
      like, and other such expenses of sales and collections of Collateral, and any
      and all losses, costs and expenses sustained by the Administrative Agent and
      any
      Lender as a result of any failure by any Grantor to perform or observe its
      obligations contained herein.

     

    (b)   Indemnification.  The
      Grantors jointly and severally hereby agree to indemnify the Administrative
      Agent, its Affiliates, and the other Secured Parties, and their respective
      directors, officers, employees, agents, counsel and other advisors (each an
      “Indemnified Person”) against, and hold each of them harmless from, any and all
      liabilities, obligations, losses, claims, damages, penalties, actions,
      judgments, suits, costs, expenses or disbursements of any kind or nature
      whatsoever, including the reasonable fees and disbursements of counsel to an
      Indemnified Person (including allocated costs of internal counsel), which may
      be
      imposed on, incurred by, or asserted against any Indemnified Person, in any
      way
      relating to or arising out of this Agreement or the transactions contemplated
      hereby or any action taken or omitted to be taken by it hereunder (the
“Indemnified Liabilities”); provided that no Grantor shall be liable to any
      Indemnified Person with respect to Indemnified Liabilities resulting from such
      Indemnified Person’s gross negligence or willful misconduct.  If and
      to the extent that the foregoing indemnification is for any reason held
      unenforceable, each Grantor agrees to make the maximum contribution to the
      payment and satisfaction of each of the Indemnified Liabilities which is
      permissible under applicable law.

     

    
      
        
        

      

      
        Exhibit
          I
28

        
          

        

      

      
        
        

      

    

    (c)   Other
      Charges.  The
      Grantors jointly and severally agree to indemnify the Administrative Agent
      and
      each of the other Secured Parties against and hold each of them harmless from
      any and all present and future stamp, transfer, documentary and other such
      taxes, levies, fees, assessments and other charges made by any jurisdiction
      by
      reason of the execution, delivery, performance and enforcement of this
      Agreement.

     

    (d)   Interest.  Any
      amounts payable to the Administrative Agent or any Secured Party under this
      Section 14 or otherwise under this Agreement if not paid upon demand
      shall
      bear interest from the date of such demand until paid in full, at the rate
      of
      interest set forth in Section 2.10(c) of the Credit Agreement.

     

    SECTION
      15. 
Binding
      Effect.  This
      Agreement shall be binding upon, inure to the benefit of and be enforceable
      by
      any Grantor, the Administrative Agent , each Secured Party, each Indemnified
      Person referred to in Section 14 and their respective successors and
      assigns.

     

    SECTION
      16. 
Governing
      Law.  THIS
      AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF
      THE
      STATE OF CALIFORNIA, EXCEPT AS REQUIRED BY MANDATORY PROVISIONS OF LAW AND
      TO
      THE EXTENT THE VALIDITY OR PERFECTION OF THE SECURITY INTERESTS HEREUNDER,
      OR
      THE REMEDIES HEREUNDER, IN RESPECT OF ANY COLLATERAL ARE GOVERNED BY THE LAW
      OF
      A JURISDICTION OTHER THAN CALIFORNIA; PROVIDED THAT THE ADMINISTRATIVE AGENT
      SHALL RETAIN ALL RIGHTS ARISING UNDER FEDERAL LAW.

     

    SECTION
      17. 
Entire
      Agreement; Amendment.  This
      Agreement, together with the other Loan Documents, embodies the entire agreement
      and understanding among the Grantors, the Lenders and the Administrative Agent,
      and supersedes all prior or contemporaneous agreements and understandings of
      such Persons, verbal or written, relating to the subject matter hereof and
      thereof and shall not be amended except by the written agreement of the parties
      as provided in the Credit Agreement.

     

    SECTION
      18. 
Severability.  The
      illegality or unenforceability of any provision of this Agreement or any
      instrument or agreement required hereunder shall not in any way affect or impair
      the legality or enforceability of the remaining provisions of this Agreement
      or
      any instrument or agreement required hereunder.

     

    SECTION
      19. 
Counterparts.  This
      Agreement may be executed in any number of separate counterparts, each of which,
      when so executed, shall be deemed an original, and all of said counterparts
      taken together shall be deemed to constitute but one and the same
      instrument.  Each of the parties hereto understands and agrees
      that
      this Agreement may be delivered by any party hereto or thereto either in the
      form of an executed original or an executed original sent by facsimile
      transmission to be followed promptly by mailing of a hard copy original, and
      that receipt by the Administrative Agent of a facsimile transmitted document
      purportedly bearing the signature of a Grantor shall bind such Grantor with
      the
      same force and effect as the delivery of a hard copy original.  Any
      failure by the Administrative Agent to receive the hard copy executed original
      of such document shall not diminish the binding effect of receipt of the
      facsimile transmitted executed original of such document of the party whose
      hard
      copy page was not received by the Administrative Agent.

     

    
      
        
        

      

      
        Exhibit
          I
29

        
          

        

      

      
        
        

      

    

    SECTION
      20. 
Incorporation
      of
      Provisions of the Credit Agreement.  To
      the
      extent the Credit Agreement contains provisions of general applicability to
      the
      Loan Documents, including any such provisions contained in Article XI thereof,
      such provisions are incorporated herein by this reference.

     

    SECTION
      21. 
No
      Inconsistent Requirements.  Each
      Grantor acknowledges that this Agreement and the other Loan Documents may
      contain covenants and other terms and provisions variously stated regarding
      the
      same or similar matters, and agrees that all such covenants, terms and
      provisions are cumulative and all shall be performed and satisfied in accordance
      with their respective terms.

     

    SECTION
      22. 
Termination;
      Releases.  (i) Upon
      the termination of the Commitments of the Lenders, the surrender of any Letters
      of Credit issued for the account of any Grantor under the Credit Agreement
      and
      payment and performance in full of all Secured Obligations, the security
      interests granted under this Agreement shall terminate and the Administrative
      Agent shall promptly execute and deliver to each Grantor such documents and
      instruments reasonably requested by such Grantor as shall be necessary to
      evidence termination of all security interests given by any Grantor to the
      Administrative Agent hereunder; provided, however, that the obligations of
      any
      Grantor under Section 14 shall survive such
      termination.  (ii) Concurrently with any permitted disposition
      of
      Collateral under the Loan Documents, the security interest hereunder shall
      automatically be released from the Collateral so disposed of; provided, however,
      that the security interest shall continue in the Proceeds
      thereof.  Upon satisfaction of all conditions precedent to any
      permitted disposition set forth herein or in the other Loan Documents, the
      Administrative Agent shall execute and deliver any releases or other documents
      reasonably requested by the relevant Grantor to accomplish or confirm the
      release of Collateral provided by this Section.  Any such release
      shall specifically describe the portion of the Collateral to be released, shall
      be expressed to be unconditional and shall be without recourse or warranty
      (other than a warranty that the Administrative Agent has not assigned its rights
      and interests to any other Person).

     

    SECTION
      23. 
Accession.  Upon
      execution and delivery to the Administrative Agent of an Additional Guarantor
      Accession Agreement by a Subsidiary of the Company as provided in
      Section 7.13 of the Credit Agreement, effective as of the Additional
      Guarantor Accession Date applicable thereto, such Guarantor shall be deemed
      a
      Grantor party hereto, and this Agreement shall be deemed amended to include
      any
      amendments to the Schedules provided by such Subsidiary in connection
      therewith.

     

    
      
        
        

      

      
        Exhibit
          I
30

        
          

        

      

      
        
        

      

    

    SECTION
      24. 
Amendment
      and
      Restatement.  On
      and
      after the Effective Date, this Agreement shall amend, restate and supercede
      in
      its entirety and replace the Existing Security Agreement; provided, however,
      that the execution and delivery of this Agreement and the other Loan Documents
      shall not (a) operate as a waiver of any right, power or remedy of the Secured
      Parties under the Existing Security Agreement and the other related documents,
      except to the extent expressly waived in this Agreement and the other Loan
      Documents, (b) extinguish, impair or constitute a novation of any obligations
      of
      Holdings or any other Grantor under the Existing Security Agreement or the
      related documents except to the extent any such obligation is actually satisfied
      by Holdings or the relevant Grantor thereunder or (c) extinguish or impair
      any
      indemnification or similar rights under the Existing Security Agreement which
      by
      their terms would survive the termination of the Existing Security
      Agreement.

     

    [Remainder
      of page
      intentionally left blank]

     

    
      
        
        

      

      
        Exhibit
          I
31

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly
      executed and delivered in San Francisco, California by their proper and duly
      authorized officers as of the day and year first above written.

     

    GRANTORS:

     

    
      	
            	 	 
	 	BUILDING
              MATERIALS HOLDING CORPORATION
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

            
	 	Name:	 
	 	 	
              

            
	 	Title:	 
	 	 	
              

            

    

     

    
      	
            	 	 
	 	BMC
              WEST
              CORPORATION
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

            
	 	Name:	 
	 	 	
              

            
	 	Title:	 
	 	 	
              

            

    

     

    
      	
            	 	 
	 	BMC
              WEST
              CORPORATION SOUTHCENTRAL
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

            
	 	Name:	 
	 	 	
              

            
	 	Title:	 
	 	 	
              

            

    

     

    
      	
            	 	 
	 	BMCW
              SOUTHCENTRAL, L.P., 
a
              Texas
              limited partnership
	 
 	 
 	 
 
	 	By:	BMC WEST CORPORATION 
SOUTHCENTRAL,
              
its
              General
              Partner
	 	 	 
	 	By:	 
	 	 	
              

            
	 	Name:	 
	 	 	
              

            
	 	Title:	 
	 	 	
              

            

    

     

    
      
        
        

      

      
        Exhibit
          I
32

        
          

        

      

      
        
        

      

    

     

    
      	
            	 	 
	 	BMCW,
              LLC
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

            
	 	Name:	 
	 	 	
              

            
	 	Title:	 
	 	 	
              

            

    

     

    
      
        	
              	 	 
	 	BMC
                CONSTRUCTION, INC.
	 
 	 
 	 
 
	 	By:  	 
	 	 	
                

              
	 	Name:	 
	 	 	
                

              
	 	Title:	 
	 	 	
                

              

      

       

      
        	
              	 	 
	 	KB
                INDUSTRIES
                LIMITED PARTNERSHIP
	 
 	 
 	 
 
	 	By:  	 
	 	 	
                

              
	 	Name:	 
	 	 	
                

              
	 	Title:	 
	 	 	
                

              

      

       

      
        	
              	 	 
	 	VAUGHN
                ROAD,
                L.L.C.
	 
 	 
 	 
 
	 	By:  	 
	 	 	
                

              
	 	Name:	 
	 	 	
                

              
	 	Title:	 
	 	 	
                

              

      

       

      
        	
              	 	 
	 	KBI
                CONCRETE
                LLC
	 
 	 
 	 
 
	 	By:	BMC
                CONSTRUCTION, Inc., 
its
                Managing
                Member
	 	 	 
	 	By:	 
	 	 	
                

              
	 	Name:	 
	 	 	
                

              
	 	Title:	 
	 	 	
                

              

      

    

    

    
      
        
        

      

      
        Exhibit
          I
33

        
          

        

      

      
        
        

      

    

     

    
      	
            	 	 
	 	TOTAL
              CONCRETE, L.L.C.
	 
 	 
 	 
 
	 	By:	KBI
              CONCRETE
              LLC, 
its
              Managing
              Member
	 	 	 
	 	By:	 
	 	 	
              

            
	 	Name:	 
	 	 	
              

            
	 	Title:	 
	 	 	
              

            

    

     

    
      	
            	 	 
	 	KBI
              CONSTRUCTION, LLC
	 
 	 
 	 
 
	 	By:	
              BMC
                CONSTRUCTION, INC., 

              its
                Managing
                Member

            
	 	 	 
	 	By:	 
	 	 	
              

            
	 	Name:	 
	 	 	
              

            
	 	Title:	 
	 	 	
              

            

    

     

    
      	
            	 	 
	 	RJ
              NORCAL,
              LLC
	 
 	 
 	 
 
	 	By:	BMC
              CONSTRUCTION, INC., 
its
              Managing
              Member
	 	 	 
	 	By:	 
	 	 	
              

            
	 	Name:	 
	 	 	
              

            
	 	Title:	 
	 	 	
              

            

    

     

    
      
        	
              	 	 
	 	KBI
                NORCAL
                GENERAL PARTNERSHIP
	 
 	 
 	 
 
	 	By:	 
	 	 	
                
its
                General Partner
	 	 	 
	 	By:	 
	 	 	
                

              
	 	Name:	 
	 	 	
                

              
	 	Title:	 
	 	 	
                

              

      

    
      	
            	 	 
	 	KBI
              NORCAL
              WINDOWS, INC.
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

            
	 	Name:	 
	 	 	
              

            
	 	Title:	 
	 	 	
              

            

    

     

    
      
        
        

      

      
        Exhibit
          I
34

        
          

        

      

      
        
        

      

    

     

    
      	
            	 	 
	 	KBI
              STUCCO,
              INC.
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

            
	 	Name:	 
	 	 	
              

            
	 	Title:	 
	 	 	
              

            

    

     

    ADMINISTRATIVE
      AGENT:

     

    
      	
            	 	 
	 	WELLS
              FARGO
              BANK, NATIONAL ASSOCIATION
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

            
	 	Name:	 
	 	 	
              

            
	 	Title:	 
	 	 	
              

            

    

     

    
      	
            	 	 
	 	By:  	 
	 	 	
              

            
	 	Name:	 
	 	 	
              

            
	 	Title:	 
	 	 	
              

            

    

     

    
      
        
        

      

      
        Exhibit
          I
35

        
          

        

      

      
        
        

      

    

     

    SCHEDULE 1

     

    to
      the Security
      Agreement

     

     

    
      	
              1.

            	
              Locations
                of
                Books Pertaining to Rights to
                Payment

            

    

     

    
      	
              2.

            	
              Trade
                Names
                and Trade Styles; Other Corporate, Trade or Fictitious Names;
                Etc.

            

    

     

    
      	
              3.

            	
              Deposit
                Accounts

            

    

     

    
      	 	
              a.

            	
              Primary
                Accounts

            

    

     

    
      	 	
              b.

            	
              Zero
                Balance
                Accounts

            

    

     

    
      	 	
              c.

            	
              Other
                Accounts

            

    

     

    
      	
              4.

            	
              Securities
                Accounts

            

    

     

    
      	
              5.

            	
              Investment
                Property

            

    

     

    
      	
              6.

            	
              Instruments

            

    

     

    
      	
              7.

            	
              Leased
                Equipment

            

    

     

    
      	
              8.

            	
              Jurisdictions
                of Organization

            

    

     

    
      
        
        

      

      
        Exhibit
          I
36

        
          

        

      

      
        
        

      

    

     

    SCHEDULE 2

    to
      the Security
      Agreement

     

    
      	
              1.

            	
              Patents,
                Trademarks, Copyrights, Etc.

            

    

    

    
      
        
        

      

      
        Exhibit
          I
37

        
          

        

      

      
        
        

      

    

     

    SCHEDULE 3

    to
      the Security
      Agreement

     

     

    
      	
              2.

            	
              Pledged
                Shares

            

    

     

    Common
      stock of the
      Subsidiaries listed below being represented by stock certificates as
      follows:

     

    
      	
              Subsidiary

            	
              Certificate
                No.

            	
              Certificate
                Date

            	
              No.
                of
                Shares

            
	 	 	 	 

    

    

    

    
      	
              3.

            	
              Pledged
                Debt

            

    

     

    
      
        
        

      

      
        Exhibit
          I
38

        
          

        

      

      
        
        

      

    

     

    SCHEDULE
      4

    to
      the Security
      Agreement

     

    Filing
      Offices

     

    
      
        
        

      

      
        Exhibit
          I
39

        
          

        

      

      
        
        

      

    

     

    EXHIBIT A

     

    Commercial
      Tort
      Claims

     

    None

     

    
      
        
        

      

      
        Exhibit
          I
40

        
          

        

      

      
        
        

      

    

    
EXHIBIT B

     

    ACCOUNT
      CONTROL
      AGREEMENT

     

    (Securities
      Accounts)

     

    This
      ACCOUNT
      CONTROL AGREEMENT (this “Agreement”)
      dated as of
      _______________, 2005 is made among _______________, a _______________ (the
      “Company”),
      Wells Fargo
      Bank, National Association, as the collateral agent (in such capacity, the
      “Collateral
      Agent”)
      for the ratable
      benefit of the Lenders identified in the Credit Agreement referred to below,
      and
      [Name of Securities Intermediary] (“Securities
      Intermediary”).

     

    RECITALS

     

    A.   Securities
      Intermediary has established [securities account or other like account]
      number(s) _______________________________________________________ in the name
      of
      [__________] (the “Company”)
      (together with
      any successor accounts, collectively, the “Account”)
      at its office at
      ____________________________.  Securities Intermediary and the
      Company
      have entered into a customer account agreement dated as of _______________,
      ____
      (as in effect on the date hereof, the “Customer
      Agreement”)
      with respect to
      the Account, pursuant to which Securities Intermediary has agreed to maintain
      the Account.

     

    B.   The
      Amended and
      Restated Credit Agreement, dated as of June 30, 2005 (as the same may be
      amended, restated, supplemented, extended, replaced, substituted or otherwise
      modified from time to time, the “Credit
      Agreement”),
      among
      (i) Building Material Holdings Corporation (“Holdings”),
      as borrower,
      (ii) BMC West Corporation , and certain other affiliates of Holdings,
      as
      guarantors, (iii) the several financial institutions from time to time
      party to this Agreement (individually, a “Lender”
      and,
      collectively, the “Lenders”)
      and
      (iv) Wells Fargo Bank, National Association, as letter of credit issuing
      bank and swingline bank, as administrative agent for the Lenders and as lead
      arranger of the credit facilities described therein, provides, subject to its
      terms and conditions, for certain extensions of credit and other financial
      accommodations to Holdings.  It is a condition to the obligations
      of
      the Collateral Agent and the Lenders under the Credit Agreement that the Company
      grants the Collateral Agent for the benefit of the Lenders and the Collateral
      Agent a security interest in the Account, and pursuant to the terms of the
      Credit Agreement, the Company has granted the Collateral Agent a security
      interest in the Account.

     

    C.   The
      Collateral
      Agent, the Company and Securities Intermediary are entering into this Agreement
      to provide for the control of the Account and to perfect the security interest
      of the Collateral Agent, for itself and for the ratable benefit of the Lenders,
      in the Account.

     

    
      
        
        

      

      
        Exhibit
          I
41

        
          

        

      

      
        
        

      

    

    ACCORDINGLY,
      the
      Collateral Agent, the Company and Securities Intermediary hereby agree as
      follows:

     

    SECTION
      1. 
The
      Account.  Securities
      Intermediary hereby represents and warrants to the Collateral Agent, the
      Lenders, and the Company that (a) the Account has been established in
      the
      name of the Company as recited above, (b) the copy of the Customer
      Agreement heretofore delivered to the Collateral Agent is a true, correct and
      complete copy of the Customer Agreement as in effect on the date hereof,
      (c) Schedule 1 attached hereto is a complete and accurate statement
      of
      the Account and the financial assets carried therein and any free credit balance
      thereunder as of the date thereof, (d) Schedule 1 does not reflect
      any
      financial assets which are registered in the name of the Company, payable to
      its
      order, or specially endorsed to hires which have not been endorsed to Securities
      Intermediary or in blank, (e) the security entitlements arising out
      of the
      financial assets carried in the Account and such free credit balance are valid
      and legally binding obligations of Securities Intermediary, and (f) except
      for the claims and interest of the Collateral Agent, the Lenders and the Company
      in the Account (subject to any claim in favor of Securities Intermediary
      permitted under Section 2), Securities Intermediary does not know of
      any
      claim to or interest in the Account.  Securities Intermediary
      will
      treat all property held by it in the Account as financial assets under Article
      8
      of the Uniform Commercial Code of the State of California.

     

    SECTION
      2. 
Priority
      of Lien.  Securities
      Intermediary hereby acknowledges the security interest granted to the Collateral
      Agent by the Company.  Securities Intermediary hereby confirms
      that
      the Account is a cash account and that it will not advance any margin or other
      credit to the Company therein, either directly by executing purchase orders
      in
      excess of any credit balance or money market mutual funds held in the Account,
      by executing sell orders on securities not held in the Account or by allowing
      the Company to trade in instruments such as options and commodities contracts
      that create similar obligations, nor will it hypothecate any securities carried
      in the Account.  Securities Intermediary hereby waives and releases
      all liens, encumbrances, claims and rights of setoff it may have against the
      Account or any financial asset carried in the Account or any credit balance
      in
      the Account and agrees that, except for payment of its customary fees and
      commission pursuant to the Customer Agreement, it will not assert any such
      lien,
      encumbrance, claim or right against the Account or any financial asset carried
      in the Account or any credit balance in the Account.  Securities
      Intermediary will not agree with any third party that Securities Intermediary
      will comply with entitlement orders concerning the Account originated by such
      third party without the prior written consent of the Collateral Agent and the
      Company.

     

    SECTION
      3. 
Control.  Securities
      Intermediary will comply with entitlement orders originated by the Collateral
      Agent concerning the Account without further consent by the
      Company.  Except as otherwise provided in Section 2 above
      and 4
      below, Securities Intermediary shall make trades of financial assets held in
      the
      Account at the direction of the Company, or its authorized representatives,
      and
      comply with entitlement orders concerning the Account from the Company, or
      its
      authorized representatives, until such time as the Collateral Agent delivers
      a
      written notice to Securities Intermediary stating that (a) an Event
      of
      Default under and as defined in the Credit Agreement has occurred and is
      continuing and (b) from and after such Event of Default, the Collateral
      Agent is assuming exclusive control over the Account.  Such notice
      may
      be referred to herein as the “Notice
      of
      Exclusive Control.”
      After Securities
      Intermediary receives the Notice of Exclusive Control, it will immediately
      cease
      complying with entitlement orders or other directions concerning the Account
      originated by the Company or its representatives.

     

    
      
        
        

      

      
        Exhibit
          I
42

        
          

        

      

      
        
        

      

    

    SECTION
      4. 
No
      Withdrawals.  Notwithstanding
      the provisions of Section 3 above, Securities Intermediary shall neither
      accept nor comply with any entitlement order from the Company withdrawing any
      financial assets from the Account nor deliver any such financial assets to
      the
      Company nor pay any free credit balance or other amount owing from Securities
      Intermediary to the Company with respect to the Account without the specific
      prior written consent of the Collateral Agent.

     

    SECTION
      5. 
Statements,
      Confirmations and Notices of Adverse Claims.  Securities
      Intermediary will send copies of all statements, confirmations and other
      correspondence concerning the Account simultaneously to the Company and the
      Collateral Agent at their respective addresses set forth in Schedule 11.02
      of the Credit Agreement.  If any person asserts any lien, encumbrance
      or adverse claim against the Account or in any financial asset carried therein,
      Securities Intermediary will promptly notify the Collateral Agent and the
      Company thereof.

     

    SECTION
      6. 
Responsibility
      of Securities Intermediary.  Except
      for permitting a withdrawal or payment in violation of Section 4 above
      or
      advancing margin or over credit to the Company in violation of Section 2
      above, Securities Intermediary shall have no responsibility or liability to
      the
      Collateral Agent for making trades of financial assets held in the Account
      at
      the direction of the Company, or its authorized representatives, or complying
      with entitlement orders concerning the Account from the Company, or its
      authorized representatives, which are received by Securities Intermediary before
      Securities Intermediary receives a Notice of Exclusive
      Control.  Securities Intermediary shall have no responsibility
      or
      liability to the Company for complying with a Notice of Exclusive Control or
      complying with entitlement orders concerning the Account originated by the
      Collateral Agent.  Securities Intermediary shall have no duty
      to
      investigate or make any determination as to whether a default exists under
      any
      agreement between the Company and the Collateral Agent and shall comply with
      a
      Notice of Exclusive Control even if it believes that no such default
      exists.  This Agreement does not create any obligation or duty
      of
      Securities Intermediary other than those expressly set forth
      herein.

     

    SECTION
      7. 
Tax
      Reporting.  All
      items of income, gain, expense and loss recognized in the Account shall be
      reported to the Internal Revenue Service and all state and local taxing
      authorities under the name and taxpayer identification number of the
      Company.

     

    SECTION
      8. 
Customer
      Agreement.  In
      the
      event of a conflict between this Agreement and any other agreement between
      Securities Intermediary and the Company, including, without limitation, the
      Customer Agreement, the terms of this Agreement will
      prevail.  Regardless of any provision in any such agreement,
      California shall be deemed to be Securities Intermediary’s location for the
      purposes of this Agreement and the perfection and priority of the Collateral
      Agent’s security interest in the Account.

     

    
      
        
        

      

      
        Exhibit
          I
43

        
          

        

      

      
        
        

      

    

    SECTION
      9.  Termination.  The
      rights and powers granted herein to the Collateral Agent have been granted
      in
      order to perfect its security interest in the Account, are powers coupled with
      an interest and will neither be affected by the bankruptcy of either Holdings
      nor the Company nor by the lapse of time.  The obligations of
      Securities Intermediary under Sections 2, 3, 4 and 5 above shall continue
      in effect until the security interest of the Collateral Agent in the Account
      has
      been terminated and the Collateral Agent has notified Securities Intermediary
      of
      such termination in writing.  Upon receipt of such notice the
      obligations of Securities Intermediary under Sections 2, 3, 4 and 5
      above
      with respect to the operation and maintenance of the Account after the receipt
      of such notice shall terminate, the Collateral Agent shall have a further right
      to originate entitlement orders concerning the Account and Securities
      Intermediary may take such steps as Holdings or the Company may request to
      vest
      full ownership and control of the Account in the Company, including, but not
      limited to, transferring all of the financial assets and credit balances in
      the
      Account to another securities account in the name of the Company or its
      designee.

     

    SECTION
      10. 
Entire
      Agreement.  This
      Agreement, the schedules and exhibits hereto and the agreements and instruments
      required to be executed and delivered hereunder set forth the entire agreement
      of the parties with respect to the subject matter hereof and supersede and
      discharge all prior agreements (written or oral) and negotiations and all
      contemporaneous oral agreements concerning such subject matter and
      negotiations.  There are no oral conditions precedent to the
      effectiveness of this Agreement.

     

    SECTION
      11. 
Amendments.  No
      amendment, modification or termination of this Agreement or waiver of any right
      hereunder shall be binding on any party hereto unless it is in writing and
      is
      signed by the party to be charged.

     

    SECTION
      12. 
Severability.  If
      any
      term or provision set forth in this Agreement shall be invalid or unenforceable,
      the remainder of this Agreement, or the application of such terms or provisions
      to persons or circumstances, other than those to which it is held invalid or
      unenforceable, shall be construed in all respects as if such invalid or
      unenforceable term or provision were omitted.

     

    SECTION
      13. 
Successors.  The
      terms of this Agreement shall be binding upon, and shall inure to the benefit
      of, the parties hereto and their respective corporate successors or heirs and
      personal representatives.

     

    SECTION
      14. 
Rules
      of
      Construction.  In
      this Agreement, words in the singular number include the plural, and in the
      plural include the singular, words of the masculine gender include the feminine
      and the neuter, and when the sense so indicates words of the neuter gender
      may
      refer to any gender and the word “or” is disjunctive but not
      exclusive.  The captions and section numbers appearing in this
      Agreement are inserted only as a matter of convenience.  They
      do not
      define, limit or describe the scope or intent of the provisions of this
      Agreement.

     

    
      
        
        

      

      
        Exhibit
          I
44

        
          

        

      

      
        
        

      

    

    SECTION
      15. 
Notices.  Any
      notice, request or other communication required or permitted to be given under
      this Agreement shall be in writing and deemed to have been properly given when
      delivered in person, or when sent by telecopy or other electronic means and
      electronic confirmation of error free receipt is received or two days after
      being sent by certified or registered United States mail, return receipt
      requested, postage prepaid, addressed to the party at the address set forth
      in
      Schedule 11.02 of the Credit Agreement.  Any party may
      change its
      address for notices in the manner set forth above.

     

    SECTION
      16. 
Counterparts.  This
      Agreement may be executed in any number of counterparts, all of which shall
      constitute one and the same instrument, and any party hereto may execute this
      Agreement by signing and delivering one or more counterpart.

     

    SECTION
      17. 
Choice
      of Law.  The
      parties hereto agree that certain material events, on occurrences and
      transactions relating to this Agreement bear a reasonable relationship to the
      State of California.  The validity, terms, performance and enforcement
      of this Agreement shall be governed by those laws of the State of California
      which are applicable to agreements which are negotiated, executed, delivered
      and
      performed solely in the State of California.

     

    [Remainder
      of
      page intentionally left blank]

     

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

     

    
      	
            	 	 
	 	[____________________]
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

            
	 	Name:	 
	 	 	
              

            
	 	Title:	 
	 	 	
              

            

    

     

    
      	
            	 	 
	 	WELLS
              FARGO
              BANK, 
NATIONAL ASSOCIATION, 
as
              Collateral
              Agent
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

            
	 	Name:	 
	 	 	
              

            
	 	Title:	 
	 	 	
              

            

    

     

     

    
      
        
        

      

      
        Exhibit
          I
45

        
          

        

      

      
        
        

      

    

     

    
      	
            	 	 
	 	
              [NAME
                OF
                SECURITIES INTERMEDIARY]

            
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

            
	 	Name:	 
	 	 	
              

            
	 	Title:	 
	 	 	
              

            

    

     

     

    
      
        
        

      

      
        Exhibit
          I
46

        
          

        

      

      
        
        

      

    

     

    SCHEDULE 1

     

    STATEMENT
      OF THE
      ACCOUNT

    
 

    
      
        
        

      

      
        Exhibit
          I
47

        
          

        

      

      
        
        

      

    

     

    EXHIBIT C

    ACCOUNT
      CONTROL
      AGREEMENT

    (Deposit
      Accounts)

     

    This
      ACCOUNT
      CONTROL AGREEMENT (this “Agreement”)
      dated as of
      _______________, 2005 is made among _______________, a _______________ (the
      “Company”),
      Wells Fargo
      Bank, National Association, as the collateral agent (in such capacity, the
      “Collateral
      Agent”)
      for the ratable
      benefit of the Lenders identified in the Credit Agreement referred to below,
      and
      [Name of Depositary Bank] (“Depositary
      Bank”).

     

    RECITALS

     

    A.   Depositary
      Bank has
      established a [money market account] number(s)
      _________________________________________________________in the name of
      [__________] (the “Company”)
      (together with
      any successor accounts, collectively, the “Account”) at its office at
      ____________________________.  Depositary Bank and the Company
      have
      entered into a customer account agreement dated as of _______________, ____
      (as
      in effect on the date hereof, the “Customer Agreement”) with respect to the
      Account, pursuant to which Depositary Bank has agreed to maintain the
      Account.

     

    B.   The
      Amended and
      Restated Credit Agreement, dated as of June 30, 2005 (as the same may be
      amended, restated, supplemented, extended, replaced, substituted or otherwise
      modified from time to time, the “Credit
      Agreement”),
      among
      (i) Building Material Holdings Corporation (“Holdings”),
      as borrower,
      (ii) BMC West Corporation , and certain other affiliates of Holdings,
      as
      guarantors, (iii) the several financial institutions from time to time
      party to this Agreement (individually, a “Lender”
      and,
      collectively, the “Lenders”)
      and
      (iv) Wells Fargo Bank, National Association, as letter of credit issuing
      bank and swingline bank, as administrative agent for the Lenders and as lead
      arranger of the credit facilities described therein, provides, subject to its
      terms and conditions, for certain extensions of credit and other financial
      accommodations to Holdings.  It is a condition to the obligations
      of
      the Collateral Agent and the Lenders under the Credit Agreement that the Company
      grants the Collateral Agent for the benefit of the Lenders and the Collateral
      Agent a security interest in the Account, and pursuant to the terms of the
      Credit Agreement, the Company has granted the Collateral Agent a security
      interest in the Account.

     

    C.   The
      Collateral
      Agent, the Company and Depositary Bank are entering into this Agreement to
      provide for the control of the Account and to perfect the security interest
      of
      the Collateral Agent, for itself and for the ratable benefit of the Lenders,
      in
      the Account.

     

    ACCORDINGLY,
      the
      Collateral Agent, the Company and Depositary Bank hereby agree as
      follows:

     

    
      
        
        

      

      
        Exhibit
          I
48

        
          

        

      

      
        
        

      

    

    SECTION
      1. 
The
      Account.  Depositary
      Bank hereby represents and warrants to the Collateral Agent, the Lenders, and
      the Company that (a) the Account has been established in the name of
      the
      Company as recited above, (b) the copy of the Customer Agreement heretofore
      delivered to the Collateral Agent is a true, correct and complete copy of the
      Customer Agreement as in effect on the date hereof, (c) Schedule 1
      attached hereto is a complete and accurate statement of the Account and the
      financial assets carried therein and any free credit balance thereunder as
      of
      the date thereof, (d) Schedule 1 does not reflect any financial
      assets
      which are registered in the name of the Company, payable to its order, or
      specially endorsed to hires which have not been endorsed to Depositary Bank
      or
      in blank, (e) the security entitlements arising out of the financial
      assets
      carried in the Account and such free credit balance are valid and legally
      binding obligations of Depositary Bank, and (f) except for the claims
      and
      interest of the Collateral Agent, the Lenders and the Company in the Account
      (subject to any claim in favor of Depositary Bank permitted under
      Section 2), Depositary Bank does not know of any claim to or interest
      in
      the Account.  Depositary Bank will treat all property held by
      it in
      the Account as financial assets under Article 8 of the Uniform Commercial Code
      of the State of California.

     

    SECTION
      2. 
Priority
      of Lien.  Depositary
      Bank hereby acknowledges the security interest granted to the Collateral Agent
      by the Company.  Depositary Bank hereby confirms that the Account
      is a
      cash account and that it will not advance any margin or other credit to the
      Company therein, either directly by executing purchase orders in excess of
      any
      credit balance or money market mutual funds held in the Account, by executing
      sell orders on securities not held in the Account or by allowing the Company
      to
      trade in instruments such as options and commodities contracts that create
      similar obligations, nor will it hypothecate any securities carried in the
      Account.  Depositary Bank hereby waives and releases all liens,
      encumbrances, claims and rights of setoff it may have against the Account or
      any
      financial asset carried in the Account or any credit balance in the Account
      and
      agrees that, except for payment of its customary fees and commission pursuant
      to
      the Customer Agreement, it will not assert any such lien, encumbrance, claim
      or
      right against the Account or any financial asset carried in the Account or
      any
      credit balance in the Account.  Depositary Bank will not agree
      with
      any third party that Depositary Bank will comply with entitlement orders
      concerning the Account originated by such third party without the prior written
      consent of the Collateral Agent and the Company.

     

    SECTION
      3. 
Control.  Depositary
      Bank will comply with instructions from the Collateral Agent concerning the
      Account without further consent by the Company.  Except as otherwise
      provided in Section 2 above, Depositary Bank shall take such actions,
      including with respect to the withdrawal or disposition of any funds from time
      to time credited to the Account, at the direction of the Company, or its
      authorized representatives, until such time as the Collateral Agent delivers
      a
      written notice to Depositary Bank stating that (a) an Event of Default
      under and as defined in the Credit Agreement has occurred and is continuing
      and
      (b) from and after such Event of Default, the Collateral Agent is assuming
      exclusive control over the Account.  Such notice may be referred
      to
      herein as the “Notice of Exclusive Control.” After Depositary Bank receives the
      Notice of Exclusive Control, it will immediately cease complying with
      entitlement orders or other directions concerning the Account originated by
      the
      Company or its representatives.

     

    
      
        
        

      

      
        Exhibit
          I
49

        
          

        

      

      
        
        

      

    

    SECTION
      4. 
Statements,
      Confirmations and Notices of Adverse Claims.  Depositary
      Bank will send copies of all statements, confirmations and other correspondence
      concerning the Account simultaneously to the Company and the Collateral Agent
      at
      their respective addresses set forth in Schedule 11.02 of the Credit
      Agreement.  If any person asserts any lien, encumbrance or adverse
      claim against the Account or in any financial asset carried therein, Depositary
      Bank will promptly notify the Collateral Agent and the Company
      thereof.

     

    SECTION
      5. 
Responsibility
      of Depositary Bank.  Except
      for advancing margin or over credit to the Company in violation of
      Section 2 above, Depositary Bank shall have no responsibility or liability
      to the Collateral Agent for making trades of financial assets held in the
      Account at the direction of the Company, or its authorized representatives,
      or
      complying with entitlement orders concerning the Account from the Company,
      or
      its authorized representatives, which are received by Depositary Bank before
      Depositary Bank receives a Notice of Exclusive Control.  Depositary
      Bank shall have no responsibility or liability to the Company for complying
      with
      a Notice of Exclusive Control or complying with entitlement orders concerning
      the Account originated by the Collateral Agent.  Depositary Bank
      shall
      have no duty to investigate or make any determination as to whether a default
      exists under any agreement between the Company and the Collateral Agent and
      shall comply with a Notice of Exclusive Control even if it believes that no
      such
      default exists.  This Agreement does not create any obligation
      or duty
      of Depositary Bank other than those expressly set forth herein.

     

    SECTION
      6. 
Tax
      Reporting.  All
      items of income, gain, expense and loss recognized in the Account shall be
      reported to the Internal Revenue Service and all state and local taxing
      authorities under the name and taxpayer identification number of the
      Company.

     

    SECTION
      7. 
Customer
      Agreement.  In
      the
      event of a conflict between this Agreement and any other agreement between
      Depositary Bank and the Company, including, without limitation, the Customer
      Agreement, the terms of this Agreement will prevail.  Regardless
      of
      any provision in any such agreement, California shall be deemed to be Depositary
      Bank’s location for the purposes of this Agreement and the perfection and
      priority of the Collateral Agent’s security interest in the
      Account.

     

    SECTION
      8. 
Termination.  The
      rights and powers granted herein to the Collateral Agent have been granted
      in
      order to perfect its security interest in the Account, are powers coupled with
      an interest and will neither be affected by the bankruptcy of either Holdings
      nor the Company nor by the lapse of time.  The obligations of
      Depositary Bank under Sections 2, 3 and 4 above shall continue in effect
      until the security interest of the Collateral Agent in the Account has been
      terminated and the Collateral Agent has notified Depositary Bank of such
      termination in writing.  Upon receipt of such notice the obligations
      of Depositary Bank under Sections 2, 3 and 4 above with respect to the
      operation and maintenance of the Account after the receipt of such notice shall
      terminate, the Collateral Agent shall have a further right to originate
      entitlement orders concerning the Account and Depositary Bank may take such
      steps as Holdings or the Company may request to vest full ownership and control
      of the Account in the Company, including, but not limited to, transferring
      all
      of the financial assets and credit balances in the Account to another securities
      account in the name of the Company or its designee.

     

    
      
        
        

      

      
        Exhibit
          I
50

        
          

        

      

      
        
        

      

    

    SECTION
      9. 
Entire
      Agreement.  This
      Agreement, the schedules and exhibits hereto and the agreements and instruments
      required to be executed and delivered hereunder set forth the entire agreement
      of the parties with respect to the subject matter hereof and supersede and
      discharge all prior agreements (written or oral) and negotiations and all
      contemporaneous oral agreements concerning such subject matter and
      negotiations.  There are no oral conditions precedent to the
      effectiveness of this Agreement.

     

    SECTION
      10. 
Amendments.  No
      amendment, modification or termination of this Agreement or waiver of any right
      hereunder shall be binding on any party hereto unless it is in writing and
      is
      signed by the party to be charged.

     

    SECTION
      11. 
Severability.  If
      any
      term or provision set forth in this Agreement shall be invalid or unenforceable,
      the remainder of this Agreement, or the application of such terms or provisions
      to persons or circumstances, other than those to which it is held invalid or
      unenforceable, shall be construed in all respects as if such invalid or
      unenforceable term or provision were omitted.

     

    SECTION
      12. 
Successors.  The
      terms of this Agreement shall be binding upon, and shall inure to the benefit
      of, the parties hereto and their respective corporate successors or heirs and
      personal representatives.

     

    SECTION
      13. 
Rules
      of
      Construction.  In
      this Agreement, words in the singular number include the plural, and in the
      plural include the singular, words of the masculine gender include the feminine
      and the neuter, and when the sense so indicates words of the neuter gender
      may
      refer to any gender and the word “or” is disjunctive but not
      exclusive.  The captions and section numbers appearing in this
      Agreement are inserted only as a matter of convenience.  They
      do not
      define, limit or describe the scope or intent of the provisions of this
      Agreement.

     

    SECTION
      14. 
Notices.  Any
      notice, request or other communication required or permitted to be given under
      this Agreement shall be in writing and deemed to have been properly given when
      delivered in person, or when sent by telecopy or other electronic means and
      electronic confirmation of error free receipt is received or two days after
      being sent by certified or registered United States mail, return receipt
      requested, postage prepaid, addressed to the party at the address set forth
      in
      Schedule 11.02 of the Credit Agreement.  Any party may
      change its
      address for notices in the manner set forth above.

     

    
      
        
        

      

      
        Exhibit
          I
51

        
          

        

      

      
        
        

      

    

    SECTION
      15. 
Counterparts.  This
      Agreement may be executed in any number of counterparts, all of which shall
      constitute one and the same instrument, and any party hereto may execute this
      Agreement by signing and delivering one or more counterpart.

     

    SECTION
      16. 
Choice
      of Law.  The
      parties hereto agree that certain material events, on occurrences and
      transactions relating to this Agreement bear a reasonable relationship to the
      State of California.  The validity, terms, performance and enforcement
      of this Agreement shall be governed by those laws of the State of California
      which are applicable to agreements which are negotiated, executed, delivered
      and
      performed solely in the State of California.

     

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

     

    
      	
            	 	 
	 	
              [____________________]

            
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

            
	 	Name:	 
	 	 	
              

            
	 	Title:	 
	 	 	
              

            

    

     

    
      	
            	 	 
	 	
              WELLS
                FARGO
                BANK, 

              NATIONAL
                ASSOCIATION, 
as
                Collateral
                Agent

            
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

            
	 	Name:	 
	 	 	
              

            
	 	Title:	 
	 	 	
              

            

    

     

    
      	
            	 	 
	 	
              [NAME
                OF
                DEPOSITARY BANK]

            
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

            
	 	Name:	 
	 	 	
              

            
	 	Title:	 
	 	 	
              

            

    

     

    
      
        
        

      

      
        Exhibit
          I
52

        
          

        

      

      
        
        

      

    

     

    SCHEDULE 1

     

    STATEMENT
      OF THE
      ACCOUNT

     

     

    
      
        
        

      

      
        Exhibit
          I
53

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      J

     

    FORM
      OF UPDATE
      CERTIFICATE

     

    for
      the Reporting
      Period ended __________________, 20__

     

    TO:
      Wells Fargo
      Bank, National Association, as Administrative Agent

     

    Reference
      is made
      to the Amended and Restated Credit Agreement, dated as of June 30, 2005 (as
      extended, renewed, amended or restated from time to time, the “Credit
      Agreement”),
      among Building
      Materials Holdings Corporation (“Holdings”),
      BMC West
      Corporation (the “Company”)
      and certain
      other affiliates of Holdings, as guarantors, SunTrust Bank, as Co-Lead Arranger
      and Syndication Agent, JPMorgan Chase Bank, N.A., as Co-Documentation
      Agent, Lasalle Bank, National Association, as Co-Documentation Agent, U.S.
      Bank
      National Association, as Co-Documentation Agent, the several financial
      institutions from time to time party thereto (the “Lenders”)
      and Wells Fargo
      Bank, National Association, as Co-Lead Arranger, as issuing bank of certain
      letters of credit (in such capacity, the “L/C
      Issuer”),
      as Swingline
      Lender and as administrative agent (in such capacity, the “Administrative
      Agent”).  Capitalized
      terms used and not defined herein shall have the meanings assigned to such
      terms
      in the Credit Agreement.

     

    This
      Update
Certificate
      is provided
      pursuant to Section
      7.02(i)
      of the Credit
      Agreement without limiting the ongoing reporting obligations of the Loan Parties
      under the Credit Agreement and the Security Agreement (as amended) with respect
      to the matters covered by this Update Certificate.

     

    The
      undersigned
      hereby certifies to the Administrative Agent and the Lenders on behalf of each
      Loan Party that, during the fiscal quarter ended __________, 20_ (the “Reporting
      Period”), there has not been (i) any change in its corporate name or in its
      jurisdiction of organization, (ii) any change in the location of its chief
      executive office or (iii) the creation or acquisition of any Wholly-Owned
      Subsidiary by a Loan Party, except as follows:

     

    1.    Names.

     

    (a)   During
      the
      Reporting Period, a Loan Party changed its corporate name as
      follows:

     

    (b)   During
      the
      Reporting Period, a Loan Party changed its jurisdiction of organization as
      follows:

     

    2.    Locations.  During
      the
      Reporting Period, a Loan Party changed the location of its chief executive
      office as follows:

     

    3.    Real
      Property
      Ownership.  During
      the Reporting Period, a Loan Party acquired or otherwise obtained title to
      new
      real property with a value in excess of $1,000,000 as follows (include dollar
      value of each parcel of new real property):

     

    
      
        
        

      

      
        
          Exhibit J

          1

        

        
          

        

      

      
        
        

      

    

    4.    Subsidiaries.  During
      the Reporting Period, a Loan Party created or acquired the following direct
      or
      indirect Wholly-Owned Subsidiaries:

     

    Consistent
      with the
      provisions of revised Article 9 of the Uniform Commercial Code of the relevant
      jurisdiction(s) (as and when adopted), the Loan Parties hereby authorize the
      Administrative Agent to file (with or without a Loan Party’s signature), at any
      time and from time to time thereafter, all financing statements, assignments,
      continuation financing statements, financing statement amendments, termination
      statements and other documents and instruments, in form reasonably satisfactory
      to the Administrative Agent, and take all other action, as the Administrative
      Agent may deem reasonable, to perfect and continue perfected, maintain the
      priority of or provide notice of any security interest of the Administrative
      Agent in the Collateral and to accomplish the purposes of the Credit
      Agreement.

     

    IN
      WITNESS WHEREOF, the undersigned has executed this Update
      Certificate
      on behalf of
      itself and each other Loan Party this ____________ day of
      ____________________.

     

    
      	
            	 	 
	 	BUILDING
              MATERIALS HOLDING CORPORATION
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

              Name:
Title:
	 	 	 

    

     

    
      
        
        

      

      
        
          Exhibit J

          2

        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      K

     

    FORM
      OF
      AMENDMENT TO DEEDS OF TRUST

     

     

    RECORDING
      REQUESTED
      BY

    AND
      WHEN RECORDED,
      RETURN TO:

    White
&
      Case
      LLP

    633
      West 5th
      Street, 19th Floor

    Los
      Angeles, CA
      90071

    Attn:
      Jeana H.
      Park, Esq.

     

    
      
        

      

    

    

    [FIRST]
      [SECOND] [THIRD] AMENDMENT TO DEEDS OF TRUST

     

    THIS
      [FIRST]
      [SECOND] [THIRD] AMENDMENT TO DEEDS OF TRUST (this “[First] [Second] [Third]
      Amendment”), dated as of June 30, 2005 is entered into by and
      between:

     

    (1)   [_________________],
      a Delaware corporation (the “Trustor”); and

     

    (2)   Wells
      Fargo Bank,
      N.A., as agent under the Credit Agreement, as defined below (the “Administrative
      Agent” or the “Beneficiary”).

     

    RECITALS

     

    A.   Pursuant
      to that
      certain Credit Agreement dated as of November 30, 1999, which was subsequently
      amended and restated pursuant to that certain (i) Amended and Restated Credit
      Agreement dated as of August 30, 2001 and (ii) Amended and Restated Credit
      Agreement dated as of August 13, 2003 (collectively and as amended, restated
      or
      otherwise modified through the date hereof, the “Original Credit Agreement”), by
      and among, inter alia, the Trustor and the Administrative Agent as
      successor-in-interest agent, individually and as agent for the financial
      institutions which are a party thereto (the “Original Lenders”), Building
      Materials Holdings Corporation (“Holdings”), in its capacity as a borrower,
      obtained a line of credit consisting of term and revolving loans and a letter
      of
      credit subfacility in a maximum principal amount not to exceed
      $350,000,000.00.

     

    B.   The
      Trustor and the
      Administrative Agent, as successor-in-interest agent, concurrently with the
      execution of this [First] [Second] [Third] Amendment, will (together with
      certain other parties thereto) (i) amend and restate the Original Credit
      Agreement pursuant to that certain Amended and Restated Credit Agreement to
      be
      dated as of June 30, 2005, among (a) Holdings, (b) the Trustor, and
      certain
      other affiliates of Holdings, as guarantors, (c) the Lenders and (d) Wells
      Fargo Bank, N.A., as letter of credit issuing bank and swingline bank, as
      administrative agent for the Lenders and as co-lead arranger of the credit
      facilities described therein (as may be amended, restated, supplemented or
      otherwise modified from time to time, the “Credit Agreement”) and (ii) increase
      the term loans and revolving credit facilities available under the Credit
      Agreement to an aggregate principal amount of up to
      $650,000,000.00.

     

    
      
        
        

      

      
        Exhibit
          K
1

        
          

        

      

      
        
        

      

    

    C.   In
      addition, the
      Trustor and Bank of America, N.A., as predecessor agent for the Original
      Lenders, are parties to those certain Deeds of Trust listed on Schedule A
      attached hereto[, and the Trustor and the Administrative Agent, as
      successor-in-interest agent, are parties to those certain [(i) First Amendments
      to Deeds of Trust] [and (ii) Second Amendments to Deeds of Trust] listed on
      said
      Schedule A] (collectively, the “Deeds of Trust”).

     

    D.   In
      connection with
      the Credit Agreement, the Trustor and the Administrative Agent have agreed
      to
      amend each of the Deeds of Trust as provided for herein.

     

    AGREEMENT

     

    NOW,
      THEREFORE, in
      consideration of the above recitals and for other good and valuable
      consideration, the receipt and adequacy of which are hereby acknowledged, the
      Trustor and the Administrative Agent hereby agree as follows:

     

    1.   Definitions,
      Interpretation.  All
      capitalized terms defined above and elsewhere in this [First] [Second] [Third]
      Amendment shall be used herein as so defined.  Unless otherwise
      defined herein, all other capitalized terms used herein shall have the
      respective meanings given to those terms in Section 1.01 of the Credit
      Agreement.

     

    2.   Amendment
      to Deeds of Trust.  The
      Deeds of Trust are hereby amended by amending and restating Subsection 1.2(a)
      of
      each Deed of Trust to read in its entirety as follows:

     

    “(a)  Payment
      of all
      obligations at any time owing under that Amended and Restated Credit Agreement
      dated as of June 30, 2005 (as amended, restated or otherwise modified from
      time
      to time, the “Credit Agreement”) owed by Trustor to the Administrative Agent and
      the Lenders in the maximum principal amount not to exceed Six Hundred Fifty
      Million Dollars ($650,000,000.00) and bearing a final maturity of June 30,
      2010;
      and”

     

    3.   Effect
      of this Amendment.  On
      and
      after the Effective Date, each reference in the Deeds of Trust and the other
      Loan Documents shall mean the Deeds of Trust as amended
      hereby.  Except as specifically amended above, (a) the Deeds
      of Trust
      shall remain in full force and effect and are hereby ratified and affirmed
      and
      (b) the execution, delivery and effectiveness of this [First] [Second] [Third]
      Amendment shall not, except as expressly provided herein, operate as a waiver
      of
      any right, power, or remedy of the Trustor or the Administrative Agent, nor
      constitute a waiver of any provision of the Deeds of Trust.

     

    4.   Miscellaneous.

     

    (a)   Counterparts.  This
      [First] [Second] [Third] Amendment may be executed in any number of
      counterparts, each of which shall be deemed an original, but all of which taken
      together shall constitute one and the same instrument.  The signature
      page and acknowledgment of any counterpart may be removed therefrom and attached
      to any other counterpart to evidence execution thereof by all of the parties
      hereto without affecting the validity thereof.

     

    
      
        
        

      

      
        Exhibit
          K
2

        
          

        

      

      
        
        

      

    

    (b)   Headings.  Headings
      in this [First] [Second] [Third] Amendment are for convenience of reference
      only
      and are not part of the substance hereof.

     

    (c)   Governing
      Law.  This
      [First] [Second] [Third] Amendment shall be governed by and construed in
      accordance with the laws of the State which governs the applicable Deed of
      Trust, without reference to conflicts of law rules.

     

     

    [The
      signature page
      follows.]

     

    

    
      
        
        

      

      
        Exhibit
          K
3

        
          

        

      

      
        
        

      

    

    

    IN
      WITNESS WHEREOF, the Trustor and the Administrative Agent have caused this
      [First] [Second] [Third] Amendment to be executed as of the day and year first
      above written.

     

     

    TRUSTOR:

    
      	
            	 	 
	 	
              [_______________________],
                

              a
                [___________________]

            
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

              Name:
Title:
	 	 	 

    

     

    ADMINISTRATIVE
      AGENT

    AND
      BENEFICIARY:

    
      	
            	 	 
	 	
              WELLS
                FARGO
                BANK, N.A.

            
	 
 	 
 	 
 
	 	By:  	 
	 	 	
              

              Name:
Title:

    

     

    
      
        
        

      

      
        Exhibit
          K
4

        
          

        

      

      
        
        

      

    

    

     

    STATE
      OF
      ____________________)

                           )    ss.

    COUNTY
      OF
      __________________)

     

     

    On
      ____________, before me, ____________________, Notary Public, personally
      appeared ____________________, personally known to me (or proved to me on the
      basis of satisfactory evidence) to be the person(s) whose name(s) is/are
      subscribed to the within instrument and acknowledged to me that he/she/they
      executed the same in his/her/their authorized capacity(ies), and that by
      his/her/their signature(s) on the instrument the person(s), or the entity upon
      behalf of which the person(s) acted, executed the instrument.

     

    Witness
      my hand and
      official seal.

     

     

    [SEAL]

     

    __________________________________

    Signature
      of the
      Notary

     

    
      
        
        

      

      
        Exhibit
          K
5

        
          

        

      

      
        
        

      

    

    

     

    
      STATE
        OF
        ____________________)

                             )    ss.

      COUNTY
        OF
        __________________)

    

    

     

    On
      ____________, before me, ____________________, Notary Public, personally
      appeared ____________________, personally known to me (or proved to me on the
      basis of satisfactory evidence) to be the person(s) whose name(s) is/are
      subscribed to the within instrument and acknowledged to me that he/she/they
      executed the same in his/her/their authorized capacity(ies), and that by
      his/her/their signature(s) on the instrument the person(s), or the entity upon
      behalf of which the person(s) acted, executed the instrument.

     

    Witness
      my hand and
      official seal.

     

     

    [SEAL]

     

    __________________________________

    Signature
      of the
      Notary

     

    
      
        
        

      

      
        Exhibit
          K
6

        
          

        

      

      
        
        

      

    

    

     

    SCHEDULE
      A

     

    LIST
      OF DEEDS OF
      TRUST HEREBY AMENDED

     

    
      	
              Deed
                of Trust

               

            	
              County,
                State

               

            	
              Recording
                No.:

               

            
	 	 	 
	 	 	 
	 	 	 

    

    

    
      
        
        

      

      
        Exhibit
          K
7

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