Document:

EX-10.1

 

Exhibit 10.1

Execution Copy

REVOLVING CREDIT AGREEMENT

dated as of April 13, 2006

among

CHECKFREE CORPORATION, CHECKFREE SERVICES CORPORATION, AND

CHECKFREE INVESTMENT CORPORATION,

as Borrowers

THE LENDERS FROM TIME TO TIME PARTY HERETO

SUNTRUST BANK,

as Administrative Agent

BANK OF AMERICA, N.A.,

as Syndication Agent

and

KEYBANK NATIONAL ASSOCIATION,

US BANK, NATIONAL ASSOCIATION,

and

MIZUHO CORPORATE BANK, LTD.

as Documentation Agents

 

SUNTRUST CAPITAL MARKETS, INC.

as Joint Lead Arranger and Sole Book Runner

and

BANC OF AMERICA SECURITIES, LLC

as Joint Lead Arranger

 

 

TABLE OF CONTENTS

Page

Schedules

Schedule I  —  Applicable Margin and Applicable Percentage

Schedule 1.1  —  Existing Letters of Credit

Schedule 4.5  —  Environmental Matters

Schedule 4.14  —  Subsidiaries

Schedule 7.1  —  Outstanding Indebtedness

Schedule 7.2  —  Existing Liens

Schedule 7.4  —  Existing Investments

Schedule 7.7  —  Transactions with Affiliates

Schedule 7.8  —  Agreements with Restrictive Covenants

Exhibits

Exhibit A  —  Form of Revolving Credit Note

Exhibit B  —  Form of Swingline Note

Exhibit C  —  Form of Assignment and Acceptance

Exhibit D  —  Form of Subsidiary Guaranty Agreement

Exhibit 2.3  —  Form of Notice of Revolving Borrowing

Exhibit 2.4  —  Form of Notice of Swingline Borrowing

Exhibit 2.6  —  Form of Continuation/Conversion

Exhibit 5.1(c)  —  Form of Compliance Certificate

 

 

REVOLVING CREDIT AGREEMENT

          THIS REVOLVING CREDIT AGREEMENT (this “Agreement”) is made and entered into as of April 13,
2006, by and among CHECKFREE CORPORATION, a Delaware corporation (the “Parent”), CHECKFREE SERVICES
CORPORATION, a Delaware corporation (“Services”), and CHECKFREE INVESTMENT CORPORATION, a Nevada
corporation (“Checkfree Investment”; and together with the Parent and Services, each a “Borrower”
and collectively, the “Borrowers”), the several banks and other financial institutions from time
to time party hereto (the “Lenders”), and SUNTRUST BANK, in its capacity as administrative agent
for the Lenders (the “Administrative Agent”), as issuing bank (the “Issuing Bank”), and as
swingline lender (the “Swingline Lender”).

W I T N E S S E T H:

          WHEREAS, the Borrowers have requested that the Lenders establish a $300,000,000 revolving
credit facility in favor of the Borrowers;

          WHEREAS, subject to the terms and conditions of this Agreement, the Lenders, to the extent of
their respective Commitments as defined herein, are willing severally to establish the requested
revolving credit facility in favor of the Borrowers.

          NOW, THEREFORE, in consideration of the premises and the mutual covenants herein contained,
the Borrowers, the Lenders, Administrative Agent, the Issuing Bank and the Swingline Lender agree
as follows:

ARTICLE I

DEFINITIONS; CONSTRUCTION

          Section 1.1. Definitions. In addition to the other terms defined herein,
the following terms used herein shall have the meanings herein specified (to be equally applicable
to both the singular and plural forms of the terms defined):

          “ACH Master Agreements” shall mean, collectively, ACH Master Agreement #1 and Future ACH
Master Agreements.

          “ACH Master Agreement #1” shall mean that certain Master Agreement, dated as of August 5,
2003, as amended by that certain First Amendment to Master Agreement dated as of the date hereof,
by and among Services, SunTrust Bank and Bastogne.

          “ACH Program Documents” shall mean the ACH Master Agreements, and all other documents and
agreements by and among Services or one of its Affiliates and either ACH Provider, relating to the
ACH Programs.

          “ACH Programs” shall mean all programs and arrangements among Services, its affiliates and any
ACH Provider to provide ACH Services.

 

 

          “ACH Provider” shall mean either SunTrust Bank or Bank of America, N.A. or any other Lender,
as providers to Services or its affiliates of ACH Services.

          “ACH Services” shall mean the provision of access, through the use of routing and transit
numbers, to the ACH processing, clearing and settlement capability offered by the Federal Reserve
Bank.

          “Adjusted LIBO Rate” shall mean, with respect to each Interest Period for a Eurodollar
Borrowing, the rate per annum obtained by dividing (a) LIBOR for such Interest Period by (b) a
percentage equal to 1.00 minus the Eurodollar Reserve Percentage.

          “Administrative Questionnaire” shall mean, with respect to each Lender, an administrative
questionnaire in the form prepared by the Administrative Agent and submitted to the Administrative
Agent duly completed by such Lender.

          “Affiliate” shall mean, as to any Person, any other Person that directly, or indirectly
through one or more intermediaries, Controls, is Controlled by, or is under common Control with,
such Person. For purposes of this definition, “Control” shall mean the power, directly or
indirectly, either to (a) vote 10% or more of securities having ordinary voting power for the
election of directors (or persons performing similar functions) of a Person or (b) direct or cause
the direction of the management and policies of a Person, whether through the ability to exercise
voting power, by control or otherwise. The terms “Controlling”, “Controlled by”, and “under common
Control with” have meanings correlative thereto.

          “Aggregate Revolving Commitment Amount” shall mean the aggregate principal amount of the
Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving
Commitment Amount equals $300,000,000.

          “Aggregate Revolving Commitments” shall mean, collectively, all Revolving Commitments of all
Lenders at any time outstanding.

          “Aggregate Subsidiary Threshold” shall mean (i) for Consolidated EBITDA, an amount equal to
seventy-five percent (75%) of Consolidated EBITDA of the Parent and its Subsidiaries for the most
recent Fiscal Quarter as shown on the financial statements most recently delivered or required to
be delivered pursuant to Section 5.1(a) or (b), as the case may be and (ii)
cash, Permitted Investments, short and long term investments, accounts receivable and fixed assets,
an amount equal to seventy-five percent (75%) of the consolidated cash, Permitted Investments,
short and long term investments, accounts receivable and fixed assets of the Parent and its
Subsidiaries (excluding the assets of Bastogne) for the most recent Fiscal Quarter as shown on the
financial statements most recently delivered or required to be delivered pursuant to Section
5.1(a) or (b), as the case may be.

          “Applicable Lending Office” shall mean, for each Lender and for each Type of Loan, the
“Lending Office” of such Lender (or an Affiliate of such Lender) designated for such Type of Loan
in the Administrative Questionnaire submitted by such Lender or such other office of such Lender
(or an Affiliate of such Lender) as such Lender may from time to time specify to the Administrative
Agent and the Borrowers as the office by which its Loans of such Type are to be made and
maintained.

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          “Applicable Margin” shall mean, as of any date, with respect to interest on all Revolving
Loans outstanding on any date or the letter of credit fee, as the case may be, a percentage per
annum determined by reference to the applicable Leverage Ratio from time to time in effect as set
forth on Schedule I; provided, that a change in the Applicable Margin resulting
from a change in the Leverage Ratio shall be effective on the second Business Day after which the
Parent delivers the financial statements required by Section 5.1(a) or (b) and the
Compliance Certificate required by Section 5.1(c); provided
further, that if at any time the Parent shall have failed to deliver such financial
statements and such Compliance Certificate when so required, the Applicable Margin shall be at
Level V as set forth on Schedule I until such time as such financial statements and
Compliance Certificate are delivered, at which time the Applicable Margin shall be determined as
provided above. Notwithstanding the foregoing, the Applicable Margin from the Closing Date until
the financial statements and Compliance Certificate for the Fiscal Quarter ending June 30, 2006 are
required to be delivered shall be at Level I as set forth on Schedule I.

          “Applicable Percentage” shall mean, as of any date, with respect to the commitment fee as of
any date, the percentage per annum determined by reference to the applicable Leverage Ratio in
effect on such date as set forth on Schedule I; provided, that a change in the
Applicable Percentage resulting from a change in the Leverage Ratio shall be effective on the
second Business Day after which the Parent delivers the financial statements required by
Section 5.1(a) or (b) and the Compliance Certificate required by
Section 5.1(c); provided further, that if at any time the Parent shall have
failed to deliver such financial statements and such Compliance Certificate, the Applicable
Percentage shall be at Level V as set forth on Schedule I until such time as such financial
statements and Compliance Certificate are delivered, at which time the Applicable Percentage shall
be determined as provided above. Notwithstanding the foregoing, the Applicable Percentage for the
commitment fee from the Closing Date until the financial statements and Compliance Certificate for
the Fiscal Quarter ending June 30, 2006 are required to be delivered shall be at Level I as set
forth on Schedule I.

          “Approved Fund” shall mean any Person (other than a natural Person) that is (or will be)
engaged in making, purchasing, holding or otherwise investing in commercial loans and similar
extensions of credit in the ordinary course of its business and that is administered or managed by
(a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that
administers or manages a Lender.

          “ARC Transmission Agreement” shall mean that certain ARC Transmission Services Agreement,
dated as of August 20, 2004, as amended by that certain First Amendment to ARC Transmission
Services Agreement dated as of the date hereof, between Services and SunTrust Bank.

          “Assignment and Acceptance” shall mean an assignment and acceptance entered into by a Lender
and an assignee (with the consent of any party whose consent is required by Section
10.4(b)) and accepted by the Administrative Agent, in the form of Exhibit C attached
hereto or any other form approved by the Administrative Agent.

          “Availability Period” shall mean the period from the Closing Date to the Termination Date.

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          “Base Rate” shall mean the higher of (a) the per annum rate which the Administrative Agent
publicly announces from time to time to be its prime lending rate, as in effect from time to time,
and (b) the Federal Funds Rate, as in effect from time to time, plus one-half of one percent
(0.50%). The Administrative Agent’s prime lending rate is a reference rate and does not necessarily
represent the lowest or best rate charged to customers. The Administrative Agent may make
commercial loans or other loans at rates of interest at, above or below the Administrative Agent’s
prime lending rate. Each change in the Administrative Agent’s prime lending rate shall be
effective from and including the date such change is publicly announced as being effective.

          “Bastogne” shall mean Bastogne, Inc., a Nevada corporation.

          “Borrowing” shall mean a borrowing consisting of (i) Loans of the same Class and Type, made,
converted or continued on the same date and in case of Eurodollar Loans, as to which a single
Interest Period is in effect, or (ii) a Swingline Loan.

          “Business Day” shall mean (i) any day other than a Saturday, Sunday or other day on which
commercial banks in Atlanta, Georgia are authorized or required by law to close and (ii) if such
day relates to a Borrowing of, a payment or prepayment of principal or interest on, a conversion of
or into, or an Interest Period for, a Eurodollar Loan or a notice with respect to any of the
foregoing, any day on which dealings in Dollars are carried on in the London interbank market.

          “Capital Expenditures” shall mean for any period, without duplication, (i) the additions to
property, plant and equipment and other capital expenditures of the Parent and its Subsidiaries
that are (or upon acquisition would be) set forth on a consolidated statement of cash flows of the
Parent for such period prepared in accordance with GAAP and (ii) Capital Lease Obligations incurred
by the Parent and its Subsidiaries during such period.

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

          “Capital Stock” shall mean any non-redeemable capital stock (or in the case of a partnership
or limited liability company, the partners’ or members’ equivalent equity interest) of the Parent
or any of its Subsidiaries (to the extent issued to a Person other than the Parent), whether common
or preferred.

          “Change in Control” shall mean the occurrence of one or more of the following events: (a) any
sale, lease, exchange or other transfer (in a single transaction or a series of related
transactions) of all or substantially all of the assets of the Parent to any Person or “group”
(within the meaning of the Securities Exchange Act of 1934 and the rules of the Securities and
Exchange Commission thereunder in effect on the date hereof), (b) the acquisition of ownership,
directly or indirectly, beneficially or of record, by any Person or “group” (within the meaning of
the

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Securities Exchange Act of 1934 and the rules of the Securities and Exchange Commission
thereunder as in effect on the date hereof) of 30% or more of the outstanding shares of the voting
stock of the Parent; or (c) occupation of a majority of the seats (other than vacant seats) on the
board of directors of the Parent by Persons who were neither (i) nominated by the current board of
directors or (ii) appointed by directors so nominated; or (d) the failure of the Parent to own and
control, directly or indirectly, 100% of the issued and outstanding capital stock of any other
Borrower (unless otherwise permitted hereunder).

          “Change in Law” shall mean (a) the adoption of any applicable law, rule or regulation after
the date of this Agreement, (b) any change in any applicable law, rule or regulation, or any change
in the interpretation or application thereof, by any Governmental Authority after the date of this
Agreement, or (c) compliance by any Lender (or its Applicable Lending Office) or the Issuing Bank
(or for purposes of Section 2.17(b), by such Lender’s or the Issuing Bank’s parent
corporation, if applicable) with any request, guideline or directive (whether or not having the
force of law) of any Governmental Authority made or issued after the date of this Agreement.

          “Class”, when used in reference to any Loan or Borrowing, refers to whether such Loan, or the
Loans comprising such Borrowing, are Revolving Loans or Swingline Loans and when used in reference
to any Commitment, refers to whether such Commitment is a Revolving Commitment or a Swingline
Commitment.

          “Closing Date” shall mean the date on which the conditions precedent set forth in Section
3.1 and Section 3.2 have been satisfied or waived in accordance with Section
10.2.

          “Code” shall mean the Internal Revenue Code of 1986, as amended and in effect from time to
time.

          “Commitment” shall mean a Revolving Commitment or a Swingline Commitment or any combination
thereof (as the context shall permit or require).

          “Compliance Certificate” shall mean a certificate from the principal financial officer of the
Parent in the form of, and containing the certifications set forth in, the certificate attached
hereto as Exhibit 5.1(c).

          “Consolidated EBITDA” shall mean, for the Parent and its Subsidiaries for any period, an
amount equal to the sum of (i) Consolidated Net Income for such period plus (ii) to the extent
deducted in determining Consolidated Net Income for such period, (A) Consolidated Interest Expense,
(B) income tax expense determined on a consolidated basis in accordance with GAAP, (C) depreciation
and amortization determined on a consolidated basis in accordance with GAAP, (D) write-downs of
in-process research and development costs determined on a consolidated basis in accordance with
GAAP, (E) non-recurring cash charges determined on a consolidated basis in accordance with GAAP in
an amount not to exceed 10% of Consolidated EBITDA (excluding this clause (E)), and (F) all other
non-cash charges (including write-down of assets) determined on a consolidated basis in accordance
with GAAP, in each case for such period; provided, however, that with respect to
any Person, or substantially all of the assets of a Person (or a division or line of business of
such Person), that is no longer a Subsidiary of the

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Parent or its Subsidiaries or became a Subsidiary of the Parent or its Subsidiaries, or was
merged with or consolidated into, or acquired by, the Parent or its Subsidiaries during such
period, Consolidated EBITDA shall also exclude or include, as the case may be, subject to the
Administrative Agent’s reasonable satisfactory review, the Consolidated EBITDA of such Person or
the Consolidated EBITDA attributable to such assets of such Person during such period as if such
Person (or a division or line of business of such Person) or assets were sold or acquired as of the
first day of such period.

          “Consolidated EBITDAR” shall mean, for the Parent and its Subsidiaries for any period, an
amount equal to the sum of (i) Consolidated EBITDA for such period and (ii) Consolidated Lease
Expense for such period.

          “Consolidated Fixed Charges” shall mean, for the Parent and its Subsidiaries for any period,
the sum (without duplication) of (i) Consolidated Interest Expense for such period and (ii)
Consolidated Lease Expense for such period.

          “Consolidated Interest Expense” shall mean, for the Parent and its Subsidiaries for any period
determined on a consolidated basis in accordance with GAAP, the sum of (i) total interest expense
in connection with Indebtedness, including without limitation the interest component of any
payments in respect of Capital Lease Obligations capitalized or expensed during such period
(whether or not actually paid during such period) plus (ii) without duplication, the net amount
payable (or minus the net amount receivable) with respect to Hedging Obligations relating to the
hedging of interest expense described in clause (i) above during such period (whether or not
actually paid or received during such period).

          “Consolidated Lease Expense” shall mean, for the Parent and its Subsidiaries for any period,
the aggregate amount of fixed and contingent rentals payable with respect to leases of real and
personal property (excluding Capital Lease Obligations) determined on a consolidated basis in
accordance with GAAP for such period.

          “Consolidated Net Income” shall mean, for the Parent and its Subsidiaries for any period, the
net income (or loss) of the Parent and its Subsidiaries for such period determined on a
consolidated basis in accordance with GAAP, excluding therefrom (to the extent otherwise included
therein) (i) any extraordinary or non-recurring gains or losses, (ii) any gains attributable to
write-ups of assets, (iii) any equity interest of the Parent or any Subsidiary of the Parent in the
unremitted earnings of any Person that is not a Subsidiary and (iv) any income (or loss) of any
Person or assets of any Person accrued after the date such Person ceased to be a Subsidiary or such
assets were sold or otherwise disposed of by such Person; provided, however, that
Consolidated Net Income shall include therein (to the extent otherwise excluded therefrom) any
income (or loss) of any Person accrued prior to the date it became a Subsidiary, or was merged into
or consolidated with the Parent or any Subsidiary, or the date that such Person’s assets are
acquired by the Parent or any Subsidiary.

          “Consolidated Net Worth” shall mean, as of any date, (i) the total assets of the Parent and
its Subsidiaries that would be reflected on the Parent’s consolidated balance sheet as of such date
prepared in accordance with GAAP, after eliminating all amounts properly attributable to minority
interests, if any, in the stock and surplus of Subsidiaries, minus the sum

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of (i) the total liabilities of the Parent and its Subsidiaries that would be reflected on the
Parent’s consolidated balance sheet as of such date prepared in accordance with GAAP and (ii) the
amount of any write-up in the book value of any assets resulting from a revaluation thereof or any
write-up in excess of the cost of such assets acquired reflected on the consolidated balance sheet
of the Parent as of such date prepared in accordance with GAAP.

          “Consolidated Total Debt” shall mean, as of any date, all Indebtedness of the Parent and its
Subsidiaries measured on a consolidated basis on such date (without duplication), excluding (a)
Indebtedness of the type described in clause (xi) of the definition of Indebtedness and (b) Letters
of Credit not securing Indebtedness in an aggregate amount not to exceed $10,000,000.

          “Contractual Obligation” of any Person shall mean any provision of any security issued by such
Person or of any agreement, instrument or undertaking under which such Person is obligated or by
which it or any of the property in which it has an interest is bound.

          “Default” shall mean any condition or event that, with the giving of notice or the lapse of
time or both, would constitute an Event of Default.

          “Default Interest” shall have the meaning set forth in Section 2.12(c).

          “Dollar(s)” and the sign “$” shall mean lawful money of the United States of America.

          “Domestic Subsidiary” shall mean any Subsidiary that is not a Foreign Subsidiary.

          “Eligible Assignee” shall mean (i) a Lender; (ii) an Affiliate of a Lender; (iii) an Approved
Fund; and (iv) any other Person (other than a natural Person) approved by the Administrative Agent,
the Issuing Bank, and unless an Event of Default has occurred and is continuing, the Parent (each
such approval not to be unreasonably withheld or delayed). If the consent of the Parent to an
assignment or to an Eligible Assignee is required hereunder (including a consent to an assignment
which does not meet the minimum assignment thresholds specified in Section 10.4(b)(i)),
the Parent shall be deemed to have given its consent ten Business Days after the date notice
thereof has actually been delivered by the assigning Lender (through the Administrative Agent) to
the Parent, unless such consent is expressly refused by the Parent prior to such tenth Business
Day.

          “Environmental Laws” shall mean all laws, rules, regulations, codes, ordinances, orders,
decrees, judgments, injunctions, notices or binding agreements issued, promulgated or entered into
by or with any Governmental Authority, relating in any way to the environment, preservation or
reclamation of natural resources, the management, Release or threatened Release of any Hazardous
Material or to health and safety matters.

          “Environmental Liability” shall mean any liability, contingent or otherwise (including any
liability for damages, costs of environmental investigation and remediation, costs of
administrative oversight, fines, natural resource damages, penalties or indemnities), of any
Borrower or any Subsidiary directly or indirectly resulting from or based upon (i) any actual or

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alleged violation of any Environmental Law, (ii) the generation, use, handling,
transportation, storage, treatment or disposal of any Hazardous Materials, (iii) any actual or
alleged exposure to any Hazardous Materials, (iv) the Release or threatened Release of any
Hazardous Materials or (v) any contract, agreement or other consensual arrangement pursuant to
which liability is assumed or imposed with respect to any of the foregoing.

          “ERISA” shall mean the Employee Retirement Income Security Act of 1974, as amended from time
to time, and any successor statute.

          “ERISA Affiliate” shall mean any trade or business (whether or not incorporated), which,
together with the Borrowers, is treated as a single employer under Section 414(b) or (c) of the
Code or, solely for the purposes of Section 302 of ERISA and Section 412 of the Code, is treated
as a single employer under Section 414 of the Code.

          “ERISA Event” shall mean (i) any “reportable event”, as defined in Section 4043 of ERISA or
the regulations issued thereunder with respect to a Plan (other than an event for which the 30-day
notice period is waived); (ii) the existence with respect to any Plan of an “accumulated funding
deficiency” (as defined in Section 412 of the Code or Section 302 of ERISA), whether or not waived;
(iii) the filing pursuant to Section 412(d) of the Code or Section 303(d) of ERISA of an
application for a waiver of the minimum funding standard with respect to any Plan; (iv) the
incurrence by the Parent or any of its ERISA Affiliates of any liability under Title IV of ERISA
with respect to the termination of any Plan; (v) the receipt by the Parent or any ERISA Affiliate
from the PBGC or a plan administrator appointed by the PBGC of any notice relating to an intention
to terminate any Plan or Plans or to appoint a trustee to administer any Plan; (vi) the incurrence
by the Parent or any of its ERISA Affiliates of any liability with respect to the withdrawal or
partial withdrawal from any Plan or Multiemployer Plan; or (vii) the receipt by the Parent or any
ERISA Affiliate of any notice, or the receipt by any Multiemployer Plan from the Parent or any
ERISA Affiliate of any notice, concerning the imposition of Withdrawal Liability or a determination
that a Multiemployer Plan is, or is expected to be, insolvent or in reorganization, within the
meaning of Title IV of ERISA.

          “Eurodollar” when used in reference to any Loan or Borrowing, refers to whether such Loan, or
the Loans comprising such Borrowing, bears interest at a rate determined by reference to the
Adjusted LIBO Rate.

          “Eurodollar Reserve Percentage” shall mean the aggregate of the maximum reserve percentages
(including, without limitation, any emergency, supplemental, special or other marginal reserves)
expressed as a decimal (rounded upwards to the next 1/100th of 1%) in effect on any day
to which the Administrative Agent is subject with respect to the Adjusted LIBO Rate pursuant to
regulations issued by the Board of Governors of the Federal Reserve System (or any Governmental
Authority succeeding to any of its principal functions) with respect to eurocurrency funding
(currently referred to as “eurocurrency liabilities” under Regulation D). Eurodollar Loans shall
be deemed to constitute eurocurrency funding and to be subject to such reserve requirements without
benefit of or credit for proration, exemptions or offsets that may be available from time to time
to any Lender under Regulation D. The Eurodollar Reserve Percentage shall be adjusted
automatically on and as of the effective date of any change in any reserve percentage.

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          “Event of Default” shall have the meaning provided in Article VIII.

          “Excluded Taxes” shall mean with respect to the Administrative Agent, any Lender, the Issuing
Bank or any other recipient of any payment to be made by or on account of any obligation of any
Borrower hereunder, (a) income or franchise taxes imposed on (or measured by) its net income by the
United States of America, or by the jurisdiction under the laws of which such recipient is
organized or in which its principal office is located or, in the case of any Lender, in which its
applicable lending office is located, (b) any branch profits taxes imposed by the United States of
America or any similar tax imposed by any other jurisdiction in which any Lender is located and (c)
in the case of a Foreign Lender, any withholding tax that (i) is imposed on amounts payable to such
Foreign Lender at the time such Foreign Lender becomes a party to this Agreement, (ii) is imposed
on amounts payable to such Foreign Lender at any time that such Foreign Lender designates a new
lending office, other than taxes that have accrued prior to the designation of such lending office
that are otherwise not Excluded Taxes, and (C) is attributable to such Foreign Lender’s failure to
comply with Section 2.19(e).

          “Existing Credit Agreement” shall mean that certain Revolving Credit Agreement, dated as of
August 20, 2004, by and among Borrowers, the lenders party thereto and SunTrust Bank, as
administrative agent.

          “Existing Letters of Credit” shall mean the Letters of Credit described on Schedule
1.1.

          “Federal Funds Rate” shall mean, for any day, the rate per annum (rounded upwards, if
necessary, to the next 1/100th of 1%) equal to the weighted average of the rates on
overnight Federal funds transactions with member banks of the Federal Reserve System arranged by
Federal funds brokers, as published by the Federal Reserve Bank of New York on the next succeeding
Business Day or if such rate is not so published for any Business Day, the Federal Funds Rate for
such day shall be the average rounded upwards, if necessary, to the next 1/100th of 1% of the
quotations for such day on such transactions received by the Administrative Agent from three
Federal funds brokers of recognized standing selected by the Administrative Agent.

          “Fee Letter” shall mean that certain fee letter, dated as of February ___, 2006, executed by
SunTrust Capital Markets, Inc. and SunTrust Bank and accepted by Parent.

          “Fiscal Quarter” shall mean any fiscal quarter of the Parent.

          “Fiscal Year” shall mean any fiscal year of the Parent.

          “Fixed Charge Coverage Ratio” shall mean, as of any date, the ratio of (a) Consolidated
EBITDAR to (b) Consolidated Fixed Charges, in each case measured for the four consecutive Fiscal
Quarters ending on or immediately prior to such date.

          “Foreign Lender” shall mean any Lender that is not a United States person under Section
7701(a)(3) of the Code.

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          “Foreign Subsidiary” shall mean any Subsidiary that is organized under the laws of a
jurisdiction other than one of the fifty states of the United States or the District of Columbia.

          “Future ACH Master Agreements” shall mean agreements entered into after the Closing Date by
Checkfree Services (or other Loan Party) for the provision of ACH Services.

          “GAAP” shall mean generally accepted accounting principles in the United States applied on a
consistent basis and subject to the terms of Section 1.3.

          “Governmental Authority” shall mean the government of the United States of America, any other
nation or any political subdivision thereof, whether state or local, and any agency, authority,
instrumentality, regulatory body, court, central bank or other entity exercising executive,
legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to
government.

          “Guarantee” of or by any Person (the “guarantor”) shall mean any obligation, contingent or
otherwise, of the guarantor guaranteeing or having the economic effect of guaranteeing any
Indebtedness or other obligation of any other Person (the “primary obligor”) in any manner, whether
directly or indirectly and including any obligation, direct or indirect, of the guarantor (i) to
purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or
other obligation or to purchase (or to advance or supply funds for the purchase of) any security
for the payment thereof, (ii) to purchase or lease property, securities or services for the purpose
of assuring the owner of such Indebtedness or other obligation of the payment thereof, (iii) to
maintain working capital, equity capital or any other financial statement condition or liquidity of
the primary obligor so as to enable the primary obligor to pay such Indebtedness or other
obligation or (iv) as an account party in respect of any letter of credit or letter of guaranty
issued in support of such Indebtedness or obligation; provided, that the term “Guarantee”
shall not include endorsements for collection or deposits in the ordinary course of business. The
amount of any Guarantee shall be deemed to be an amount equal to the stated or determinable amount
of the primary obligation in respect of which Guarantee is made or, if not so stated or
determinable, the maximum reasonably anticipated liability in respect thereof (assuming such Person
is required to perform thereunder) as determined by such Person in good faith. The term “Guarantee”
used as a verb has a corresponding meaning.

          “Hazardous Materials” shall mean all explosive or radioactive substances or wastes and all
hazardous or toxic substances, wastes or other pollutants, including petroleum or petroleum
distillates, asbestos or asbestos containing materials, polychlorinated biphenyls, radon gas,
infectious or medical wastes and all other substances or wastes of any nature regulated pursuant to
any Environmental Law.

          “Hedging Obligations” of any Person shall mean any and all obligations of such Person, whether
absolute or contingent and howsoever and whensoever created, arising, evidenced or acquired under
(i) any and all Hedging Transactions, (ii) any and all cancellations, buy backs, reversals,
terminations or assignments of any Hedging Transactions and (iii) any and all renewals, extensions
and modifications of any Hedging Transactions and any and all substitutions for any Hedging
Transactions.

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          “Hedging Transaction” of any Person shall mean any transaction (including an agreement with
respect thereto) now existing or hereafter entered into by such Person that is a rate swap, basis
swap, forward rate transaction, commodity swap, interest rate option, foreign exchange transaction,
cap transaction, floor transaction, collateral transaction, forward transaction, currency swap
transaction, cross-currency rate swap transaction, currency option or any other similar transaction
(including any option with respect to any of these transactions) or any combination thereof,
whether linked to one or more interest rates, foreign currencies, commodity prices, equity prices
or other financial measures.

          “Indebtedness” of any Person shall mean, without duplication (i) all obligations of such
Person for borrowed money, (ii) all obligations of such Person evidenced by bonds, debentures,
notes or other similar instruments, (iii) all obligations of such Person in respect of the deferred
purchase price of property or services (other than trade payables incurred in the ordinary course
of business), (iv) all obligations of such Person under any conditional sale or other title
retention agreement(s) relating to property acquired by such Person, (v) all Capital Lease
Obligations of such Person, (vi) all obligations, contingent or otherwise, of such Person in
respect of letters of credit, acceptances or similar extensions of credit, (vii) all Guarantees of
such Person of the type of Indebtedness described in clauses (i) through (vi) above, (viii) all
Indebtedness of a third party secured by any Lien on property owned by such Person, whether or not
such Indebtedness has been assumed by such Person, (ix) all obligations of such Person, contingent
or otherwise, to purchase, redeem, retire or otherwise acquire for value any common stock of such
Person (excluding such obligations which mature by their terms more than one year after the
Termination Date), (x) Off-Balance Sheet Liabilities and (xi) all Hedging Obligations. The
Indebtedness of any Person shall include the Indebtedness of any partnership or joint venture in
which such Person is a general partner or a joint venture, except to the extent that the terms of
such Indebtedness provide that such Person is not liable therefor.

          “Indemnified Taxes” shall mean Taxes other than Excluded Taxes.

          “Information Memorandum” shall mean the Confidential Information Memorandum dated February,
2006 relating to the Borrowers and the transactions contemplated by this Agreement and the other
Loan Documents.

          “Interest Period” shall mean with respect to (i) any Swingline Borrowing, such period as the
Swingline Lender and the Borrowers shall mutually agree, and (ii) any Eurodollar Borrowing, a
period of one, two, three or six months; provided, that:

     (a) the initial Interest Period for such Borrowing shall commence on the date of such
Borrowing (including the date of any conversion from a Borrowing of another Type), and each
Interest Period occurring thereafter in respect of such Borrowing shall commence on the day
on which the next preceding Interest Period expires;

     (b) if any Interest Period would otherwise end on a day other than a Business Day, such
Interest Period shall be extended to the next succeeding Business Day, unless such Business
Day falls in another calendar month, in which case such Interest Period would end on the
next preceding Business Day;

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     (c) any Interest Period which 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 such calendar month; and

     (d) no Interest Period may extend beyond the Termination Date.

          “Issuing Bank” shall mean SunTrust Bank or any other Lender, each in its capacity as an issuer
of Letters of Credit pursuant to Section 2.21.

          “LC Commitment” shall mean that portion of the Aggregate Revolving Commitments that may be
used by the Borrowers for the issuance of Letters of Credit in an aggregate face amount not to
exceed $25,000,000.

          “LC Disbursement” shall mean a payment made by the Issuing Bank pursuant to a Letter of
Credit.

          “LC Documents” shall mean the Letters of Credit and all applications, agreements and
instruments relating to the Letters of Credit.

          “LC Exposure” shall mean, at any time, the sum of (i) the aggregate undrawn amount of all
outstanding Letters of Credit at such time, plus (ii) the aggregate amount of all LC Disbursements
that have not been reimbursed by or on behalf of the Borrowers at such time. The LC Exposure of
any Lender shall be its Pro Rata Share of the total LC Exposure at such time.

          “Lenders” shall have the meaning assigned to such term in the opening paragraph of this
Agreement and shall include, where appropriate, the Swingline Lender.

          “Letter of Credit” shall mean any letter of credit issued pursuant to Section 2.21 by
the Issuing Bank for the account of the Borrowers pursuant to the LC Commitment and each Existing
Letter of Credit.

          “Leverage Ratio” shall mean, as of any date, the ratio of (i) Consolidated Total Debt as of
such date to (ii) Consolidated EBITDA for the four consecutive Fiscal Quarters ending on or
immediately prior to such date.

          “LIBOR” shall mean, for any applicable Interest Period with respect to any Eurodollar Loan,
the British Bankers’ Association Interest Settlement Rate per annum for deposits in Dollars for a
period equal to such Interest Period appearing on the display designated as Page 3750 on the Dow
Jones Markets Service (or such other page on that service or such other service designated by the
British Bankers’ Association for the display of such Association’s Interest Settlement Rates for
Dollar deposits) as of 11:00 a.m. (London, England time) on the day that is two Business Days prior
to the first day of the Interest Period or if such Page 3750 is unavailable for any reason at such
time, the rate which appears on the Reuters Screen ISDA Page as of such date and such time;
provided, that if the Administrative Agent determines that the relevant foregoing sources
are unavailable for the relevant Interest Period, LIBOR shall mean the rate of interest determined
by the Administrative Agent to be the average (rounded upward, if necessary, to the nearest
1/100th of 1%) of the rates per annum at which deposits in Dollars are

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offered to the Administrative Agent two (2) Business Days preceding the first day of such
Interest Period by leading banks in the London interbank market as of 10:00 a.m. (Atlanta, Georgia
time) for delivery on the first day of such Interest Period, for the number of days comprised
therein and in an amount comparable to the amount of the Eurodollar Loan of the Administrative
Agent.

          “Lien” shall mean any mortgage, pledge, security interest, lien (statutory or otherwise),
charge, encumbrance, hypothecation, assignment, deposit arrangement, or other arrangement having
the practical effect of the foregoing or any preference, priority or other security agreement or
preferential arrangement of any kind or nature whatsoever (including any conditional sale or other
title retention agreement and any capital lease having the same economic effect as any of the
foregoing).

          “Loan Documents” shall mean, collectively, this Agreement, the Notes (if any), the LC
Documents, the Subsidiary Guaranty Agreement, all Notices of Borrowing, all Notices of
Conversion/Continuation, all Compliance Certificates, the Fee Letter and any and all other
instruments, agreements, documents and writings executed in connection with any of the foregoing.

          “Loan Parties” shall mean the Borrowers and the Subsidiary Loan Parties.

          “Loans” shall mean all Revolving Loans and Swingline Loans in the aggregate or any of them, as
the context shall require.

          “Material Adverse Effect” shall mean, with respect to any event, act, condition or occurrence
of whatever nature (including any adverse determination in any litigation, arbitration, or
governmental investigation or proceeding), whether singularly or in conjunction with any other
event or events, act or acts, condition or conditions, occurrence or occurrences whether or not
related, a material adverse change in, or a material adverse effect on, (i) the business, results
of operations, financial condition, assets, or liabilities of the Parent and of the Parent and its
Subsidiaries taken as a whole (except by reason of a general decline in macroeconomic conditions or
in the payment processing sector), (ii) the ability of the Loan Parties to perform any of their
respective obligations under the Loan Documents, (iii) the rights and remedies of the
Administrative Agent, the Issuing Bank, the Swingline Lender and the Lenders under any of the Loan
Documents or (iv) the legality, validity or enforceability of any of the Loan Documents.

          “Material Indebtedness” shall mean Indebtedness (other than the Loans and Letters of Credit)
or Hedging Obligations of the Parent or any of its Subsidiaries in an aggregate principal amount
exceeding $25,000,000. For purposes of determining the amount of attributed Indebtedness from
Hedging Obligations, the “principal amount” of any Hedging Obligations at any time shall be the Net
Mark-to-Market Exposure of such Hedging Obligations at such time.

          “Material Subsidiary” shall mean at any time any direct or indirect Subsidiary of the Parent
having: (a) assets (excluding “Settlement Assets” (as reported in the Parent’s financial statements
delivered pursuant to clauses (a) or (b) of Section 5.1)) in an amount equal to at least
10% of the total assets of the Parent and its Subsidiaries determined on a consolidated basis as of
the last day of the most recent Fiscal Quarter at such time; or (b) Consolidated EBITDA

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(measured for such Subsidiary on a stand-alone basis) in an amount equal to at least 10% of
Consolidated EBITDA of the Parent and its Subsidiaries on a consolidated basis for the 12-month
period ending on the last day of the most recent Fiscal Quarter at such time. Notwithstanding the
foregoing, “Material Subsidiary” shall not include any SPVs.

          “Material Domestic Subsidiary” shall mean any Domestic Subsidiary that is also a Material
Subsidiary or that owns a Material Subsidiary.

          “Moody’s” shall mean Moody’s Investors Service, Inc.

          “Multiemployer Plan” shall have the meaning set forth in Section 4001(a)(3) of ERISA.

          “Net Mark-to-Market Exposure” of any Person shall mean, as of any date of determination with
respect to any Hedging Obligation, the excess (if any) of all unrealized losses over all unrealized
profits of such Person arising from such Hedging Obligation. “Unrealized losses” shall mean the
fair market value of the cost to such Person of replacing the Hedging Transaction giving rise to
such Hedging Obligation as of the date of determination (assuming the Hedging Transaction were to
be terminated as of that date), and “unrealized profits” means the fair market value of the gain to
such Person of replacing such Hedging Transaction as of the date of determination (assuming such
Hedging Transaction were to be terminated as of that date).

          “Notes” shall mean, collectively, the Revolving Credit Notes and the Swingline Note.

          “Notices of Borrowing” shall mean, collectively, the Notices of Revolving Borrowing and the
Notices of Swingline Borrowing.

          “Notice of Conversion/Continuation” shall mean the notice given by the Parent to the
Administrative Agent in respect of the conversion or continuation of an outstanding Borrowing as
provided in Section 2.6(b).

          “Notice of Revolving Borrowing” shall have the meaning as set forth in Section 2.3.

          “Notice of Swingline Borrowing” shall have the meaning as set forth in Section 2.4(b).

          “Obligations” shall mean all amounts owing by the Borrowers to the Administrative Agent, the
Issuing Bank or any Lender (including the Swingline Lender) pursuant to or in connection with this
Agreement or any other Loan Document, including without limitation, all principal, interest
(including any interest accruing after the filing of any petition in bankruptcy or the commencement
of any insolvency, reorganization or like proceeding relating to any Borrower, whether or not a
claim for post-filing or post-petition interest is allowed in such proceeding), all reimbursement
obligations, fees, expenses, indemnification and reimbursement payments, costs and expenses of the
Administrative Agent, the Issuing Bank and all Lenders (including all fees and expenses of counsel
to the Administrative Agent, the Issuing Bank and any Lender (including the Swingline Lender)

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incurred pursuant to this Agreement or any other Loan Document), whether direct or indirect,
absolute or contingent, liquidated or unliquidated, now existing or hereafter arising hereunder or
thereunder, and all Hedging Obligations owed to the Administrative Agent, any Lender or any of
their Affiliates incurred in order to limit interest rate or fee fluctuation with respect to the
Loans and Letters of Credit, and all obligations and liabilities incurred in connection with
collecting and enforcing the foregoing, together with all renewals, extensions, modifications or
refinancings thereof.

          “Off-Balance Sheet Liabilities” of any Person shall mean (i) any repurchase obligation or
liability of such Person with respect to accounts or notes receivable sold by such Person, (ii) any
liability of such Person under any sale and leaseback transactions that do not create a liability
on the balance sheet of such Person, (iii) any Synthetic Lease Obligation or (iv) any obligation
arising with respect to any other transaction which is the functional equivalent of or takes the
place of borrowing but which does not constitute a liability on the balance sheet of such Person.

          “OSHA” shall mean the Occupational Safety and Health Act of 1970, as amended from time to
time, and any successor statute.

          “Other Taxes” shall mean any and all present or future stamp or documentary taxes or any other
excise or property taxes, charges or similar levies arising from any payment made hereunder or from
the execution, delivery or enforcement of, or otherwise with respect to, this Agreement or any
other Loan Document.

          “Parent” shall mean CheckFree Corporation, a Delaware corporation.

          “Participant” shall have the meaning set forth in Section 10.4(d).

          “Payment Office” shall mean the office of the Administrative Agent located at 303 Peachtree
Street, N.E., Atlanta, Georgia 30308, or such other location as to which the Administrative Agent
shall have given written notice to the Parent and the other Lenders.

          “PBGC” shall mean the Pension Benefit Guaranty Corporation referred to and defined in ERISA,
and any successor entity performing similar functions.

          “Permitted Acquisitions” shall mean the acquisition by any Borrower or any Subsidiary thereof
of all or substantially all of the business or a line of business (whether by the acquisition of
Capital Stock, assets or a combination thereof) of any other Person; provided, that (i)
such business or line of business is in the same, a substantially related or a complementary line
of business as the business of the Borrowers and their Subsidiaries, taken as a whole, conducted on
the Closing Date, (ii) such acquisition is made with the approval of the board of directors of the
Person to be acquired, (iii) both before and immediately after giving pro forma effect to any such
acquisition (A) no Default or Event of Default shall have occurred and be continuing and (B) all
representations and warranties contained herein and in the other Loan Documents would be true and
correct in all material respects, and (iv) immediately after giving pro forma effect to such
acquisition as though the acquisition had closed on the first day of the most recently ended four
consecutive Fiscal Quarter period for which financial statements have been delivered pursuant to
Section 5.1, the Borrowers would be in compliance with the financial

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covenants contained in Article VI as of the most recent Fiscal Quarter in respect of
which the Parent is required to have delivered a Compliance Certificate pursuant to Section
5.1(c).

          “Permitted Encumbrances” shall mean:

     (i) Liens imposed by law for taxes not yet due or which are being contested in good
faith by appropriate proceedings and with respect to which adequate reserves are being
maintained in accordance with GAAP;

     (ii) statutory Liens of landlords, carriers, warehousemen, mechanics, materialmen and
similar Liens arising by operation of law in the ordinary course of business for amounts
not yet due or which are being contested in good faith by appropriate proceedings and with
respect to which adequate reserves are being maintained in accordance with GAAP;

     (iii) pledges and deposits made in the ordinary course of business in compliance with
workers’ compensation, unemployment insurance and other social security laws or
regulations;

     (iv) deposits or pledges to secure the performance of bids, trade contracts, leases,
statutory obligations, surety and appeal bonds, performance bonds and other obligations of
a like nature, in each case in the ordinary course of business;

     (v) judgment and attachment liens not giving rise to an Event of Default or Liens
created by or existing from any litigation or legal proceeding that are currently being
contested in good faith by appropriate proceedings and with respect to which adequate
reserves are being maintained in accordance with GAAP; and

     (vi) easements, zoning restrictions, rights-of-way and similar encumbrances on real
property imposed by law or arising in the ordinary course of business that do not secure
any monetary obligations and do not materially detract from the value of the affected
property or materially interfere with the ordinary conduct of business of the Parent and
its Subsidiaries taken as a whole;

provided, that the term “Permitted Encumbrances” shall not include any Lien securing
Indebtedness.

          “Permitted Investments” shall mean:

     (i) direct obligations of, or obligations the principal of and interest on which are
unconditionally guaranteed by, the United States (or by any agency thereof to the extent
such obligations are backed by the full faith and credit of the United States), in each
case maturing within one year from the date of acquisition thereof;

     (ii) commercial paper having the highest rating, at the time of acquisition thereof,
of S&P or Moody’s and in either case maturing within six months from the date of
acquisition thereof;

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     (iii) certificates of deposit, bankers’ acceptances and time deposits maturing within
180 days of the date of acquisition thereof issued or guaranteed by or placed with, and
money market deposit accounts issued or offered by, any domestic office of any commercial
bank organized under the laws of the United States or any state thereof which has a
combined capital and surplus and undivided profits of not less than $500,000,000;

     (iv) fully collateralized repurchase agreements with a term of not more than 30 days
for securities described in clause (i) above and entered into with a financial institution
satisfying the criteria described in clause (iii) above;

     (v) mutual funds investing solely in any one or more of the Permitted Investments
described in clauses (i) through (iv) above; and

     (vi) any Investments made pursuant to the Investment policy for Subscriber Funds, as
adopted on January 31, 2002, and any other investment policy approved by the Parent’s
Board of Directors, in form and substance reasonably satisfactory to the Administrative
Agent.

          “Person” shall mean any individual, partnership, firm, corporation, association, joint
venture, limited liability company, trust or other entity, or any Governmental Authority.

          “Plan” shall mean any employee pension benefit plan (other than a Multiemployer Plan) subject
to the provisions of Title IV of ERISA or Section 412 of the Code or Section 302 of ERISA, and in
respect of which the Parent or any ERISA Affiliate is (or, if such plan were terminated, would
under Section 4069 of ERISA be deemed to be) an “employer” as defined in Section 3(5) of ERISA.

          “Pro Rata Share” shall mean, with respect to the Revolving Commitment of any Lender at any
time, a percentage, the numerator of which shall be such Lender’s Revolving Commitment (or if such
Revolving Commitment has been terminated or expired or the Loans have been declared to be due and
payable, such Lender’s Revolving Credit Exposure), and the denominator of which shall be the sum of
the Revolving Commitments of all Lenders (or if such Revolving Commitments have been terminated or
expired or the Loans have been declared to be due and payable, all Revolving Credit Exposure of all
Lenders).

          “Regulation D” shall mean Regulation D of the Board of Governors of the Federal Reserve
System, as the same may be in effect from time to time, and any successor regulations.

          “Related Parties” shall mean, with respect to any specified Person, such Person’s Affiliates
and the respective directors, officers, employees, agents and advisors of such Person and such
Person’s Affiliates.

          “Release” shall mean any release, spill, emission, leaking, dumping, injection, pouring,
deposit, disposal, discharge, dispersal, leaching or migration into the environment (including
ambient air, surface water, groundwater, land surface or subsurface strata) or within any building,
structure, facility or fixture.

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          “Required Lenders” shall mean, at any time, Lenders holding more than 50% of the aggregate
outstanding Revolving Commitments at such time or if the Lenders have no Revolving Commitments,
then Lenders holding more than 50% of the Revolving Credit Exposure.

          “Requirement of Law” for any Person shall mean the articles or certificate of incorporation,
bylaws, partnership certificate and agreement, or limited liability company certificate of
organization and agreement, as the case may be, and other organizational and governing documents of
such Person, and any law, treaty, rule or regulation, or determination of a Governmental Authority,
in each case applicable to or binding upon such Person or any of its property or to which such
Person or any of its property is subject.

          “Responsible Officer” shall mean any of the president, the chief executive officer, the chief
operating officer, the chief financial officer, the treasurer or a vice president of any Borrower
or such other representative of any Borrower as may be designated in writing by any one of the
foregoing; and, with respect to the financial covenants only, the chief financial officer or the
treasurer of the Parent.

          “Restricted Payment” shall have the meaning set forth in Section 7.5.

          “Revolving Commitment” shall mean, with respect to each Lender, the obligation of such Lender
to make Revolving Loans to the Borrowers and to participate in Letters of Credit and Swingline
Loans in an aggregate principal amount not exceeding the amount set forth with respect to such
Lender on Annex I, or in the case of a Person becoming a Lender after the Closing Date
through an assignment of an existing Revolving Commitment, the amount of the assigned “Revolving
Commitment” as provided in the Assignment and Acceptance executed by such Person as an assignee, as
the same may be increased or deceased pursuant to terms hereof.

          “Revolving Credit Exposure” shall mean, with respect to any Lender at any time, the sum of the
outstanding principal amount of such Lender’s Revolving Loans, LC Exposure and Swingline Exposure.

          “Revolving Credit Note” shall mean a promissory note of the Borrowers payable to the order of
a requesting Lender in the principal amount of such Lender’s Revolving Commitment, in substantially
the form of Exhibit A.

          “Revolving Loan” shall mean a loan made by a Lender (other than the Swingline Lender) to any
Borrower under its Revolving Commitment, which may either be a Base Rate Loan or a Eurodollar Loan.

          “S&P” shall mean Standard & Poor’s.

          “SPV” shall mean Bastogne or any other special purpose bankruptcy remote Subsidiary formed
after the Closing Date.

          “Subsidiary” shall mean, with respect to any Person (the “parent”), any corporation,
partnership, joint venture, limited liability company, association or other entity the accounts of
which would be consolidated with those of the parent in the parent’s consolidated

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financial statements if such financial statements were prepared in accordance with GAAP as of
such date, as well as any other corporation, partnership, joint venture, limited liability company,
association or other entity (i) of which securities or other ownership interests representing more
than 50% of the equity or more than 50% of the ordinary voting power, or in the case of a
partnership, more than 50% of the general partnership interests are, as of such date, owned,
controlled or held, or (ii) that is, as of such date, otherwise controlled, by the parent or one or
more subsidiaries of the parent or by the parent and one or more subsidiaries of the parent. Unless
otherwise indicated, all references to “Subsidiary” hereunder shall mean a Subsidiary of the
Parent.

          “Subsidiary Guaranty Agreement” shall mean the Subsidiary Guaranty Agreement, dated as of the
date hereof and substantially in the form of Exhibit D, made by certain Subsidiaries of the
Parent in favor of the Administrative Agent for the benefit of the Lenders.

          “Subsidiary Guaranty Supplement” shall mean each supplement substantially in the form of
Annex I to the Subsidiary Guaranty Agreement executed and delivered by a Subsidiary of the
Parent pursuant to Section 5.10.

          “Subsidiary Loan Party” shall mean any Subsidiary that executes or becomes a party to the
Subsidiary Guaranty Agreement.

          “Swingline Commitment” shall mean the commitment of the Swingline Lender to make Swingline
Loans in an aggregate principal amount at any time outstanding not to exceed $10,000,000.

          “Swingline Exposure” shall mean, with respect to each Lender, the principal amount of the
Swingline Loans in which such Lender is legally obligated either to make a Base Rate Loan or to
purchase a participation in accordance with Section 2.4, which shall equal such Lender’s
Pro Rata Share of all outstanding Swingline Loans.

          “Swingline Lender” shall mean SunTrust Bank, or any other Lender that may agree to make
Swingline Loans hereunder.

          “Swingline Loan” shall mean a loan made to any Borrower by the Swingline Lender under the
Swingline Commitment.

          “Swingline Note” shall mean the promissory note of the Borrowers payable to the order of the
Swingline Lender in the principal amount of the Swingline Commitment, substantially the form of
Exhibit B.

          “Swingline Rate” shall mean, for any Interest Period, the rate as offered by the
Administrative Agent and accepted by the Parent. The Parent is under no obligation to accept this
rate and the Administrative Agent is under no obligation to provide it.

          “Synthetic Lease” shall mean a lease transaction under which the parties intend that (i) the
lease will be treated as an “operating lease” by the lessee pursuant to Statement of

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Financial Accounting Standards No. 13, as amended and (ii) the lessee will be entitled to various
tax and other benefits ordinarily available to owners (as opposed to lessees) of like property.

          “Synthetic Lease Obligations” shall mean, with respect to any Person, the sum of (i) all
remaining rental obligations of such Person as lessee under Synthetic Leases which are attributable
to principal and, without duplication, (ii) all rental and purchase price payment obligations of
such Person under such Synthetic Leases assuming such Person exercises the option to purchase the
lease property at the end of the lease term.

          “Taxes” shall mean any and all present or future taxes, levies, imposts, duties, deductions,
charges or withholdings imposed by any Governmental Authority.

          “Termination Date” shall mean the earliest of (i) April 13, 2011, (ii) the date on which the
Revolving Commitments are terminated pursuant to Section 2.7 and (iii) the date on which
all amounts outstanding under this Agreement have been declared or have automatically become due
and payable (whether by acceleration or otherwise).

          “Type”, when used in reference to a Loan or Borrowing, refers to whether the rate of interest
on such Loan, or on the Loans comprising such Borrowing, is determined by reference to the Adjusted
LIBO Rate or the Base Rate.

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

          Section 1.2. Classifications of Loans and Borrowings. For purposes of this Agreement,
Loans may be classified and referred to by Class (e.g. a “Revolving Loan” or “Swingline Loan”) or
by Type (e.g. a “Eurodollar Loan” or “Base Rate Loan”) or by Class and Type (e.g. “Revolving
Eurodollar Loan”). Borrowings also may be classified and referred to by Class (e.g. “Revolving
Borrowing”) or by Type (e.g. “Eurodollar Borrowing”) or by Class and Type (e.g. “ Revolving
Eurodollar Borrowing”).

          Section 1.3. Accounting Terms and Determination. Unless otherwise defined or
specified herein, all accounting terms used herein shall be interpreted, all accounting
determinations hereunder shall be made, and all financial statements required to be delivered
hereunder shall be prepared, in accordance with GAAP as in effect from time to time, applied on a
basis consistent with the most recent audited consolidated financial statement of the Parent
delivered pursuant to Section 5.1(a); provided, that if the Parent notifies
the Administrative Agent that the Borrowers wish to amend any covenant in Article VI to eliminate
the effect of any change in GAAP on the operation of such covenant (or if the Administrative Agent
notifies the Parent that the Required Lenders wish to amend Article VI for such purpose), then the
Borrowers’ compliance with such covenant shall be determined on the basis of GAAP in effect
immediately before the relevant change in GAAP became effective, until either such notice is
withdrawn or such covenant is amended in a manner satisfactory to the Parent and the Required
Lenders.

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          Section 1.4. Terms Generally. The definitions of terms herein shall apply equally to
the singular and plural forms of the terms defined. Whenever the context may require, any pronoun
shall include the corresponding masculine, feminine and neuter forms. The words “include”,
“includes” and “including” shall be deemed to be followed by the phrase “without limitation”. The
word “will” shall be construed to have the same meaning and effect as the word “shall”. In the
computation of periods of time from a specified date to a later specified date, the word “from”
means “from and including” and the word “to” means “to but excluding”. Unless the context requires
otherwise (i) any definition of or reference to any agreement, instrument or other document herein
shall be construed as referring to such agreement, instrument or other document as it was
originally executed or as it may from time to time be amended, restated, supplemented or otherwise
modified (subject to any restrictions on such amendments, supplements or modifications set forth
herein), (ii) any reference herein to any Person shall be construed to include such Person’s
successors and permitted assigns, (iii) the words “hereof”, “herein” and “hereunder” and words of
similar import shall be construed to refer to this Agreement as a whole and not to any particular
provision hereof, (iv) all references to Articles, Sections, Exhibits and Schedules shall be
construed to refer to Articles, Sections, Exhibits and Schedules to this Agreement and (v) all
references to a specific time shall be construed to refer to the time in the city and state of the
Administrative Agent’s principal office, unless otherwise indicated.

ARTICLE II

AMOUNT AND TERMS OF THE COMMITMENTS

          Section 2.1. General Description of Facilities. Subject to and upon the terms and
conditions herein set forth, (i) the Lenders hereby establish in favor of the Borrowers a revolving
credit facility pursuant to which each Lender severally agrees (to the extent of such Lender’s
Revolving Commitment) to make Revolving Loans to the Borrowers in accordance with Section
2.2, and (ii) the Issuing Bank agrees to issue Letters of Credit in accordance with
Section 2.21, (iii) the Swingline Lender agrees to make Swingline Loans in
accordance with Section 2.4, and (iv) each Lender agrees to purchase a participation
interest in the Letters of Credit and the Swingline Loans pursuant to the terms and conditions
hereof; provided, that in no event shall the aggregate principal amount of all outstanding
Revolving Loans, Swingline Loans and outstanding LC Exposure exceed at any time the Aggregate
Revolving Commitment Amount from time to time in effect.

          Section 2.2. Revolving Loans. Subject to the terms and conditions set forth herein,
each Lender severally agrees to make Revolving Loans to the Borrowers, from time to time during the
Availability Period, in an aggregate principal amount outstanding at any time that will not result
in (a) such Lender’s Revolving Credit Exposure exceeding such Lender’s Revolving Commitment or (b)
the aggregate Revolving Credit Exposures of all Lenders exceeding the Aggregate Revolving
Commitment Amount. During the Availability Period, the Borrowers shall be entitled to borrow,
prepay and reborrow Revolving Loans in accordance with the terms and conditions of this
Agreement; provided, that the Borrowers may not borrow or reborrow should there exist
a Default or Event of Default.

21

 

          Section 2.3. Procedure for Revolving Borrowings. The Parent shall give the
Administrative Agent written notice (or telephonic notice promptly confirmed in writing) of each
Revolving Borrowing substantially in the form of Exhibit 2.3 (a “Notice of Revolving
Borrowing”) (x) prior to 11:00 a.m. (Atlanta, Georgia time) one (1) Business Day prior to the
requested date of each Base Rate Borrowing and (y) prior to 11:00 a.m. (Atlanta, Georgia time)
three (3) Business Days prior to the requested date of each Eurodollar Borrowing. Each Notice of
Revolving Borrowing shall be irrevocable and shall specify: (i) the applicable Borrower (which
shall be deemed to be the Parent if no specification is made), (ii) the aggregate principal amount
of such Borrowing, (iii) the date of such Borrowing (which shall be a Business Day), (iv) the Type
of such Revolving Loan comprising such Borrowing, and (v) in the case of a Eurodollar Borrowing,
the duration of the initial Interest Period applicable thereto (subject to the provisions of the
definition of Interest Period). Each Revolving Borrowing shall consist entirely of Base Rate Loans
or Eurodollar Loans, as the Parent may request. The aggregate principal amount of each Eurodollar
Borrowing shall be not less than $5,000,000 or a larger multiple of $1,000,000, and the aggregate
principal amount of each Base Rate Borrowing shall not be less than $1,000,000 or a larger multiple
of $100,000; provided, that Base Rate Loans made pursuant to Section 2.4 or
Section 2.21(c) may be made in lesser amounts as provided therein. At no time
shall the total number of Eurodollar Borrowings outstanding at any time exceed six. Promptly
following the receipt of a Notice of Revolving Borrowing in accordance herewith, the Administrative
Agent shall advise each Lender of the details thereof and the amount of such Lender’s Revolving
Loan to be made as part of the requested Revolving Borrowing.

          Section 2.4. Swingline Commitment.

          (a) Subject to the terms and conditions set forth herein, the Swingline Lender agrees to make
Swingline Loans to each Borrower, from time to time during the Availability Period, in an aggregate
principal amount outstanding at any time not to exceed the lesser of (i) the Swingline Commitment
then in effect and (ii) the difference between (x) the Aggregate Revolving Commitment Amount and
(y) the aggregate Revolving Credit Exposures of all Lenders; provided, that the Swingline
Lender shall not be required to make a Swingline Loan to refinance an outstanding Swingline Loan.
The Borrowers shall be entitled to borrow, repay and reborrow Swingline Loans in accordance with
the terms and conditions of this Agreement.

          (b) (i) The Parent shall give the Administrative Agent written notice (or telephonic notice
promptly confirmed in writing) of each Swingline Borrowing substantially in the form of Exhibit
2.4 (a “Notice of Swingline Borrowing”) prior to 10:00 a.m. (Atlanta, Georgia time) on the
requested date of each Swingline Borrowing. Each Notice of Swingline Borrowing shall be
irrevocable and shall specify: (i) the applicable Borrower (which shall be deemed to be the Parent
if no specification is made), (ii) the principal amount of such Swingline Loan, (iii) the date of
such Swingline Loan (which shall be a Business Day) and (iv) the account of the applicable Borrower
to which the proceeds of such Swingline Loan should be credited. The Administrative Agent will
promptly advise the Swingline Lender of each Notice of
Swingline Borrowing. Each Swingline Loan shall accrue interest at the Base Rate or any other
interest rate as agreed between the Parent and the Swingline Lender and shall have an Interest
Period (subject to the definition thereof) as agreed between the Parent and the Swingline Lender.
The aggregate principal amount of each Swingline Loan shall be not less than $100,000 or a larger
multiple of $50,000, or such other minimum amounts agreed to by the Swingline Lender

22

 

and the
Parent. The Swingline Lender will make the proceeds of each Swingline Loan available to the
applicable Borrower in Dollars in immediately available funds at the account specified by the
Parent in the applicable Notice of Swingline Borrowing not later than 1:00 p.m. (Atlanta, Georgia
time) on the requested date of such Swingline Loan.

          (c) The Swingline Lender, at any time and from time to time in its sole discretion, may, on
behalf of the Borrowers (which hereby irrevocably authorizes and directs the Swingline Lender to
act on their behalf), give a Notice of Revolving Borrowing to the Administrative Agent requesting
the Lenders (including the Swingline Lender) to make Base Rate Loans in an amount equal to the
unpaid principal amount of any Swingline Loan. Each Lender will make the proceeds of its Base Rate
Loan included in such Borrowing available to the Administrative Agent for the account of the
Swingline Lender in accordance with Section 2.5, which will be used solely for the
repayment of such Swingline Loan.

          (d) If for any reason a Base Rate Borrowing may not be (as determined in the sole discretion
of the Administrative Agent), or is not, made in accordance with the foregoing provisions, then
each Lender (other than the Swingline Lender) shall purchase an undivided participating interest in
such Swingline Loan in an amount equal to its Pro Rata Share thereof on the date that such Base
Rate Borrowing should have occurred. On the date of such required purchase, each Lender shall
promptly transfer, in immediately available funds, the amount of its participating interest to the
Administrative Agent for the account of the Swingline Lender. If such Swingline Loan bears
interest at a rate other than the Base Rate, such Swingline Loan shall automatically become a Base
Rate Loan on the effective date of any such participation and interest shall become payable on
demand.

          (e) Each Lender’s obligation to make a Base Rate Loan pursuant to Section
2.4(c) or to purchase the participating interests pursuant to Section
2.4(d) shall be absolute and unconditional and shall not be affected by any
circumstance, including without limitation (i) any setoff, counterclaim, recoupment, defense or
other right that such Lender or any other Person may have or claim against the Swingline Lender,
any Borrower or any other Person for any reason whatsoever, (ii) the existence of a Default or an
Event of Default or the termination of any Lender’s Revolving Commitment, (iii) the existence (or
alleged existence) of any event or condition which has had or could reasonably be expected to have
a Material Adverse Effect, (iv) any breach of this Agreement or any other Loan Document by any
Borrower, the Administrative Agent or any Lender or (v) any other circumstance, happening or event
whatsoever, whether or not similar to any of the foregoing. If such amount is not in fact made
available to the Swingline Lender by any Lender, the Swingline Lender shall be entitled to recover
such amount on demand from such Lender, together with accrued interest thereon for each day from
the date of demand thereof (i) at the Federal Funds Rate until the second Business Day after such
demand and (ii) at the Base Rate at all times thereafter. Until such time as such Lender makes its
required payment, the Swingline Lender shall be deemed to continue to have outstanding Swingline
Loans in the amount of the unpaid participation for all purposes of the Loan Documents. In
addition, such
Lender shall be deemed to have assigned any and all payments made of principal and interest on
its Loans and any other amounts due to it hereunder, to the Swingline Lender to fund the amount of
such Lender’s participation interest in such Swingline Loans that such Lender failed to fund
pursuant to this Section, until such amount has been purchased in full.

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          Section 2.5. Funding of Borrowings.

          (a) Each Lender will make available each Loan to be made by it hereunder on the proposed date
thereof by wire transfer in immediately available funds by 11:00 a.m. (Atlanta, Georgia time) to
the Administrative Agent at the Payment Office; provided, that the Swingline Loans will be
made as set forth in Section 2.4. The Administrative Agent will make such Loans available
to the applicable Borrower by promptly crediting the amounts that it receives, in like funds by the
close of business on such proposed date, to an account maintained by the applicable Borrower with
the Administrative Agent or at such Borrower’s option, by effecting a wire transfer of such amounts
to an account designated by the Parent to the Administrative Agent.

          (b) Unless the Administrative Agent shall have been notified by any Lender prior to 5 p.m.
(Atlanta, Georgia time) one (1) Business Day prior to the date of a Borrowing in which such Lender
is to participate that such Lender will not make available to the Administrative Agent such
Lender’s share of such Borrowing, the Administrative Agent may assume that such Lender has made
such amount available to the Administrative Agent on such date, and the Administrative Agent, in
reliance on such assumption, may make available to the applicable Borrower on such date a
corresponding amount. If such corresponding amount is not in fact made available to the
Administrative Agent by such Lender on the date of such Borrowing, the Administrative Agent shall
be entitled to recover such corresponding amount on demand from such Lender together with interest
at the Federal Funds Rate until the second Business Day after such demand and thereafter at the
Base Rate. If such Lender does not pay such corresponding amount forthwith upon the Administrative
Agent’s demand therefor, the Administrative Agent shall promptly notify the Parent, and the
Borrowers shall immediately pay such corresponding amount to the Administrative Agent together with
interest at the rate specified for such Borrowing. Nothing in this subsection shall be deemed to
relieve any Lender from its obligation to fund its Pro Rata Share of any Borrowing hereunder or to
prejudice any rights which any Borrower may have against any Lender as a result of any default by
such Lender hereunder.

          (c) All Revolving Borrowings shall be made by the Lenders on the basis of their respective Pro
Rata Shares. No Lender shall be responsible for any default by any other Lender in its obligations
hereunder, and each Lender shall be obligated to make its Loans provided to be made by it
hereunder, regardless of the failure of any other Lender to make its Loans hereunder.

          Section 2.6. Interest Elections.

          (a) Each Borrowing initially shall be of the Type specified in the applicable Notice of
Borrowing, and in the case of a Eurodollar Borrowing, shall have an initial Interest Period as
specified in such Notice of Borrowing. Thereafter, the Parent may elect to convert such
Borrowing into a different Type or to continue such Borrowing, and in the case of a Eurodollar
Borrowing, may elect Interest Periods therefor, all as provided in this Section. The Parent may
elect different options with respect to different portions of the affected Borrowing, in which case
each such portion shall be allocated ratably among the Lenders holding Loans comprising such
Borrowing, and the Loans comprising each such portion shall be considered a separate

24

 

Borrowing. This Section shall NOT apply Swingline Borrowings, which may not be converted or continued.

          (b) To make an election pursuant to this Section, the Parent shall give the Administrative
Agent prior written notice (or telephonic notice promptly confirmed in writing) of each Borrowing
substantially in the form of Exhibit 2.6 (a “Notice of Conversion/Continuation”) that is to
be converted or continued, as the case may be, (x) prior to 11:00 a.m. (Atlanta, Georgia time) one
(1) Business Day prior to the requested date of a conversion into a Base Rate Borrowing and (y)
prior to 11:00 a.m. (Atlanta, Georgia time) three (3) Business Days prior to a continuation of or
conversion into a Eurodollar Borrowing. Each such Notice of Conversion/Continuation shall be
irrevocable and shall specify (i) the Borrowing to which such Notice of Continuation/Conversion
applies and if different options are being elected with respect to different portions thereof, the
portions thereof that are to be allocated to each resulting Borrowing (in which case the
information to be specified pursuant to clauses (iii) and (iv) shall be specified for each
resulting Borrowing); (ii) the effective date of the election made pursuant to such Notice of
Continuation/Conversion, which shall be a Business Day, (iii) whether the resulting Borrowing is to
be a Base Rate Borrowing or a Eurodollar Borrowing; and (iv) if the resulting Borrowing is to be a
Eurodollar Borrowing, the Interest Period applicable thereto after giving effect to such election,
which shall be a period contemplated by the definition of “Interest Period”. If any such Notice of
Continuation/Conversion requests a Eurodollar Borrowing but does not specify an Interest Period,
the Parent shall be deemed to have selected an Interest Period of one month. The principal amount
of any resulting Borrowing shall satisfy the minimum borrowing amount for Eurodollar Borrowings and
Base Rate Borrowings set forth in Section 2.3.

          (c) If, on the expiration of any Interest Period in respect of any Eurodollar Borrowing, the
Parent shall have failed to deliver a Notice of Conversion/ Continuation, then, unless such
Borrowing is repaid as provided herein, the Parent shall be deemed to have elected to convert
such Borrowing to a Base Rate Borrowing. No Borrowing may be converted into, or continued as, a
Eurodollar Borrowing if a Default or an Event of Default exists, unless the Administrative Agent
and each of the Lenders shall have otherwise consented in writing. No conversion of any Eurodollar
Loans shall be permitted except on the last day of the Interest Period in respect thereof.

          (d) Upon receipt of any Notice of Conversion/Continuation, the Administrative Agent shall
promptly notify each Lender of the details thereof and of such Lender’s portion of each resulting
Borrowing.

          Section 2.7. Optional Reduction and Termination of Commitments.

          (a) Unless previously terminated, all Commitments shall terminate on the Termination Date.

          (b) Upon at least three (3) Business Days’ prior written notice (or telephonic notice promptly
confirmed in writing) to the Administrative Agent (which notice shall be irrevocable), the
Borrowers may reduce the Aggregate Revolving Commitment Amount in part or terminate the Aggregate
Revolving Commitments in whole; provided, that (i) any partial

25

 

reduction shall apply to
reduce proportionately and permanently the Revolving Commitment of each Lender, (ii) any partial
reduction pursuant to this Section 2.7 shall be in an amount of at least $5,000,000 and any
larger multiple of $1,000,000, and (iii) no such reduction shall be permitted which would reduce
the Aggregate Revolving Commitment Amount to an amount less than the outstanding Revolving Credit
Exposures of all Lenders. Any such reduction in the Aggregate Revolving Commitment Amount below the
sum of the principal amount of the Swingline Commitment and the LC Commitment shall result in a
proportionate reduction (rounded to the next lowest integral multiple of $100,000) in the Swingline
Commitment and the LC Commitment.

          Section 2.8. Repayment of Loans.

          (a) The outstanding principal amount of all Revolving Loans shall be due and payable (together
with accrued and unpaid interest thereon) on the Termination Date.

          (b) The principal amount of each Swingline Borrowing shall be due and payable (together with
accrued and unpaid interest thereon) on the earlier of (i) the last day of the Interest Period
applicable to such Borrowing and (ii) the Termination Date.

          Section 2.9. Evidence of Indebtedness. (a) Each Lender shall maintain in accordance
with its usual practice appropriate records evidencing the Indebtedness of each Borrower to such
Lender resulting from each Loan made by such Lender from time to time, including the applicable
Borrower and the amounts of principal and interest payable thereon and paid to such Lender from
time to time under this Agreement. The Administrative Agent shall maintain appropriate records in
which shall be recorded (i) the Revolving Commitment of each Lender, (ii) the amount of each Loan
made hereunder by each Lender, the Class and Type thereof and the Interest Period applicable
thereto, (iii) the date of each continuation thereof pursuant to Section 2.6, (iv) the date
of each conversion of all or a portion thereof to another Type pursuant to Section 2.6, (v)
the date and amount of any principal or interest due and payable or to become due and payable from
the applicable Borrower to each Lender hereunder in respect of such Loans and (vi) both the date
and amount of any sum received by the Administrative Agent hereunder from any Borrower in respect
of the Loans and each Lender’s Pro Rata Share thereof. The entries made in such records shall be
prima facie evidence, absent manifest error, of the existence and amounts of the obligations of the
Borrowers therein recorded; provided, that the failure or delay of any Lender or the
Administrative Agent in maintaining or making entries into any such record or any error therein
shall not in any manner affect the obligation of any Borrower to repay the Loans (both principal
and unpaid accrued interest) of such Lender in accordance with the terms of this Agreement.

          (b) At the request of any Lender (including the Swingline Lender) at any time, the Borrowers
agree that they will execute and deliver to such Lender a Revolving Credit Note and in the case of
the Swingline Lender only, a Swingline Note, payable to the order of such Lender and such Lender
agrees, upon receipt of such new Note and request of the Borrower, such Lender will promptly cancel
and return any Note replaced by such new Note to the Parent.

          Section 2.10. Optional Prepayments. Each Borrower shall have the right at any time
and from time to time to prepay any Borrowing, in whole or in part, without premium

26

 

or penalty, by
giving irrevocable written notice (or telephonic notice promptly confirmed in writing) to the
Administrative Agent no later than (i) in the case of prepayment of any Eurodollar Borrowing, 12:00
noon (Atlanta, Georgia time) not less than three (3) Business Days prior to any such prepayment,
(ii) in the case of any prepayment of any Base Rate Borrowing, not less than one Business Day prior
to the date of such prepayment, and (iii) in the case of Swingline Borrowings, prior to 12:00 noon
(Atlanta, Georgia time) on the date of such prepayment. Each such notice shall be irrevocable and
shall specify the proposed date of such prepayment and the principal amount of each Borrowing or
portion thereof to be prepaid. Upon receipt of any such notice, the Administrative Agent shall
promptly notify each affected Lender of the contents thereof and of such Lender’s Pro Rata Share of
any such prepayment. If such notice is given, the aggregate amount specified in such notice shall
be due and payable on the date designated in such notice, together with accrued interest to such
date on the amount so prepaid in accordance with Section 2.12(e); provided,
that if a Eurodollar Borrowing is prepaid on a date other than the last day of an Interest Period
applicable thereto, the Borrowers jointly and severally shall also pay all amounts required
pursuant to Section 2.18. Each partial prepayment of any Revolving Loan shall be in a
minimum amount of $1,000,000 and integral multiples of $100,000; each partial prepayment of any
Swingline Loan shall have no minimum. Each prepayment of a Borrowing shall be applied ratably to
the Loans comprising such Borrowing.

          Section 2.11. Mandatory Prepayments. If at any time the Revolving Credit Exposure of
all Lenders exceeds the Aggregate Revolving Commitment Amount, as reduced pursuant to Section
2.7 or otherwise, the Borrowers shall immediately, jointly and severally, repay Swingline Loans
and Revolving Loans in an amount equal to such excess, together with all accrued and unpaid
interest on such excess amount and any amounts due under Section 2.18. Each prepayment
shall be applied first to the Swingline Loans to the full extent thereof, second to the Base Rate
Loans to the full extent thereof, and finally to Eurodollar Loans to the full extent thereof. If
after giving effect to prepayment of all Swingline Loans and Revolving Loans, the Revolving Credit
Exposure of all Lenders exceeds the Aggregate Revolving Commitment Amount, the Borrowers shall
deposit in an account with the Administrative Agent, in the name of the Administrative Agent and
for the benefit of the Issuing Bank and the Lenders, an amount in cash equal to such excess plus
any accrued and unpaid fees thereon to be held as collateral for the LC Exposure. Such account
shall be administered in accordance with Section 2.21(g) hereof.

          Section 2.12. Interest on Loans.

          (a) The Borrowers jointly and severally shall pay interest on each Base Rate Loan at the Base
Rate in effect from time to time and on each Eurodollar Loan at the Adjusted
LIBO Rate for the applicable Interest Period in effect for such Loan, plus, in each case, the
Applicable Margin in effect from time to time.

          (b) The Borrowers jointly and severally shall pay interest on each Swingline Loan at the
Swingline Rate in effect from time to time.

          (c) While an Event of Default exists or after acceleration, at the option of the Required
Lenders, the Borrowers jointly and severally shall pay interest (“Default Interest”) with respect
to all Eurodollar Loans at the rate otherwise applicable for the then-current Interest Period plus
an additional 2% per annum until the last day of such Interest Period, and thereafter,

27

 

and with
respect to all Base Rate Loans (including all Swingline Loans) and all other Obligations hereunder
(other than Loans), at an all-in rate in effect for Base Rate Loans, plus an additional 2% per
annum.

          (d) Interest on the principal amount of all Loans shall accrue from and including the date
such Loans are made to but excluding the date of any repayment thereof. Interest on all outstanding
Base Rate Loans shall be payable quarterly in arrears on the last day of each March, June,
September and December and on the Termination Date. Interest on all outstanding Eurodollar Loans
shall be payable on the last day of each Interest Period applicable thereto, and, in the case of
any Eurodollar Loans having an Interest Period in excess of three months, on each day which occurs
every three months after the initial date of such Interest Period, and on the Termination Date.
Interest on each Swingline Loan shall be payable on the maturity date of such Loan, which shall be
the last day of the Interest Period applicable thereto, and on the Termination Date. Interest on
any Loan which is converted into a Loan of another Type or which is repaid or prepaid shall be
payable on the date of such conversion or on the date of any such repayment or prepayment (on the
amount repaid or prepaid) thereof. All Default Interest shall be payable on demand.

          (e) The Administrative Agent shall determine each interest rate applicable to the Loans
hereunder and shall promptly notify the Parent and the Lenders of such rate in writing (or by
telephone, promptly confirmed in writing). Any such determination shall be conclusive and binding
for all purposes, absent manifest error.

          Section 2.13. Fees.

          (a) The Borrowers jointly and severally shall pay to the Administrative Agent for its own
account fees in the amounts and at the times previously agreed upon in writing by the Parent and
the Administrative Agent.

          (b) The Borrowers jointly and severally agree to pay to the Administrative Agent for the
account of each Lender a commitment fee, which shall accrue at the Applicable Percentage per annum
(determined daily in accordance with Schedule I) on the average daily amount of the unused
Revolving Commitment of such Lender during the Availability Period. For purposes of computing
commitment fees with respect to the Revolving Commitments, the Revolving Commitment of each Lender
shall be deemed used to the extent of the outstanding Revolving Loans and LC Exposure of such
Lender.

          (c) The Borrowers jointly and severally agree to pay (i) to the Administrative Agent, for the
account of each Lender, a letter of credit fee with respect to its participation in each Letter of
Credit, which shall accrue at a rate per annum equal to the Applicable Margin for Eurodollar Loans
then in effect on the average daily amount of such Lender’s LC Exposure attributable to such Letter
of Credit during the period from and including the date of issuance of such Letter of Credit to but
excluding the date on which such Letter of Credit expires or is drawn in full (including without
limitation any LC Exposure that remains outstanding after the Termination Date) and (ii) to the
Issuing Bank for its own account a fronting fee, which shall accrue at the rate of 0.125% per annum
on the average daily amount of the LC Exposure (excluding any portion thereof attributable to
unreimbursed LC Disbursements) during the

28

 

Availability Period (or until the date that such Letter
of Credit is irrevocably cancelled, whichever is later), as well as the Issuing Bank’s standard
fees with respect to issuance, amendment, renewal or extension of any Letter of Credit or
processing of drawings thereunder. Notwithstanding the foregoing, if the Required Lenders elect to
increase the interest rate on the Loans to the Default Interest pursuant to Section
2.12(c), the rate per annum used to calculate the letter of credit fee pursuant to clause (i)
above shall automatically be increased by an additional 2% per annum.

          (d) Accrued fees under paragraphs (b) and (c) above shall be payable quarterly in arrears on
the last day of each March, June, September and December, commencing on June 30, 2006 and on the
Termination Date (and if later, the date the Loans and LC Exposure shall be repaid in their
entirety); provided, further that any such fees accruing after the Termination Date
shall be payable on demand.

          Section 2.14. Computation of Interest and Fees. Interest hereunder based on the Base
Rate and the fees referred to in Section 2.13(b) and (c)(ii) shall be computed on
the basis of a year of 365 days (or 366 days in a leap year) and paid for the actual number of days
elapsed (including the first day but excluding the last day). All other interest and the fees
referred to in Section 2.13(c)(i) shall be computed on the basis of a year of 360 days and
paid for the actual number of days elapsed (including the first day but excluding the last day).
Each determination by the Administrative Agent of an interest amount or fee hereunder shall be made
in good faith and, except for manifest error, shall be final, conclusive and binding for all
purposes.

          Section 2.15. Inability to Determine Interest Rates. If prior to the commencement of
any Interest Period for any Eurodollar Borrowing:

          (a) the Administrative Agent shall have determined (which determination shall be conclusive
and binding upon the Borrowers) that, by reason of circumstances affecting the relevant interbank
market, adequate means do not exist for ascertaining LIBOR for such Interest Period, or

          (b) the Administrative Agent shall have received notice from the Required Lenders that the
Adjusted LIBO Rate does not adequately and fairly reflect the cost to such Lenders (or Lender, as
the case may be) of making, funding or maintaining their (or its, as the case may be) Eurodollar
Loans for such Interest Period,

the Administrative Agent shall give written notice (or telephonic notice, promptly confirmed in
writing) to the Parent and to the Lenders as soon as practicable thereafter. In the case of
Eurodollar Loans, until the Administrative Agent shall notify the Parent and the Lenders that the
circumstances giving rise to such notice no longer exist, (i) the obligations of the Lenders to
make Eurodollar Revolving Loans or to continue or convert outstanding Loans as or into Eurodollar
Loans shall be suspended and (ii) all such affected Loans shall be converted into Base Rate Loans
on the last day of the then current Interest Period applicable thereto unless the Borrowers prepay
such Loans in accordance with this Agreement. Unless the Parent notifies the Administrative Agent
at least one Business Day before the date of any Eurodollar Revolving Borrowing for which a Notice
of Revolving Borrowing has previously been given that it elects

29

 

not to borrow on such date, then
such Revolving Borrowing shall be made as a Base Rate Borrowing.

          Section 2.16. Illegality. If any Change in Law shall make it unlawful or impossible
for any Lender to make, maintain or fund any Eurodollar Loan and such Lender shall so notify the
Administrative Agent, the Administrative Agent shall promptly give notice thereof to the Parent and
the other Lenders, whereupon until such Lender notifies the Administrative Agent and the Parent
that the circumstances giving rise to such suspension no longer exist, the obligation of such
Lender to make Eurodollar Revolving Loans, or to continue or convert outstanding Loans as or into
Eurodollar Loans, shall be suspended. In the case of the making of a Eurodollar Revolving
Borrowing, such Lender’s Revolving Loan shall be made as a Base Rate Loan as part of the same
Revolving Borrowing for the same Interest Period and if the affected Eurodollar Loan is then
outstanding, such Loan shall be converted to a Base Rate Loan either (i) on the last day of the
then current Interest Period applicable to such Eurodollar Loan if such Lender may lawfully
continue to maintain such Loan to such date or (ii) immediately if such Lender shall determine that
it may not lawfully continue to maintain such Eurodollar Loan to such date. Notwithstanding the
foregoing, the affected Lender shall, prior to giving such notice to the Administrative Agent,
designate a different Applicable Lending Office if such designation would avoid the need for giving
such notice and if such designation would not otherwise be disadvantageous to such Lender in the
good faith exercise of its discretion.

          Section 2.17. Increased Costs.

          (a) If any Change in Law shall:

     (i) impose, modify or deem applicable any reserve, special deposit or similar
requirement that is not otherwise included in the determination of the Adjusted LIBO Rate
hereunder against assets of, deposits with or for the account of, or credit extended by,
any Lender (except any such reserve requirement reflected in the Adjusted LIBO Rate) or
the Issuing Bank; or

     (ii) impose on any Lender or on the Issuing Bank or the eurodollar interbank market
any other condition affecting this Agreement or any Eurodollar Loans made by such Lender
or any Letter of Credit or any participation therein;

and the result of either of the foregoing is to increase the cost to such Lender of making,
converting into, continuing or maintaining a Eurodollar Loan or to increase the cost to such Lender
or the Issuing Bank of participating in or issuing any Letter of Credit or to reduce the amount
received or receivable by such Lender or the Issuing Bank hereunder (whether of principal, interest
or any other amount), then the Borrowers jointly and severally shall promptly pay, upon written
notice from and demand by such Lender on the Parent (with a copy of such notice and demand to the
Administrative Agent), to the Administrative Agent for the account of such Lender, within five
Business Days after the date of such notice and demand, additional amount or amounts sufficient to
compensate such Lender or the Issuing Bank, as the case may be, for such additional costs incurred
or reduction suffered.

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          (b) If any Lender or the Issuing Bank shall have determined that on or after the date of this
Agreement any Change in Law regarding capital requirements has or would have the effect of reducing
the rate of return on such Lender’s or the Issuing Bank’s capital (or on the capital of such
Lender’s or the Issuing Bank’s parent corporation) as a consequence of its obligations hereunder or
under or in respect of any Letter of Credit to a level below that which such Lender or the Issuing
Bank or such Lender’s or the Issuing Bank’s parent corporation could have achieved but for such
Change in Law (taking into consideration such Lender’s or the Issuing Bank’s policies or the
policies of such Lender’s or the Issuing Bank’s parent corporation with respect to capital
adequacy) then, the Borrowers jointly and severally shall pay to such Lender, as specified below,
such additional amounts as will compensate such Lender or the Issuing Bank or such Lender’s or the
Issuing Bank’s parent corporation for any such reduction suffered.

          (c) A certificate of a Lender or the Issuing Bank setting forth the amount or amounts
necessary to compensate such Lender or the Issuing Bank or such Lender’s or the Issuing Bank’s
parent corporation, as the case may be, specified in paragraph (a) or (b) of this Section shall be
delivered to the Parent (with a copy to the Administrative Agent) and shall be conclusive, absent
manifest error. The Borrowers jointly and severally shall pay any such Lender or the Issuing Bank,
as the case may be, such amount or amounts within 10 days after receipt thereof.

          (d) Failure or delay on the part of any Lender or the Issuing Bank to demand compensation
pursuant to this Section shall not constitute a waiver of such Lender’s or the Issuing Bank’s right
to demand such compensation; provided, that the Borrowers shall not be required to
compensate a Lender or the Issuing Bank under this Section for any increased costs or reductions
incurred more than 180 days prior to the date that such Lender or the Issuing Bank notifies the
Borrowers of such increased costs or reductions and of such Lender’s or the Issuing Bank’s
intention to claim compensation therefor; provided further, that if the Change in Law
giving rise to such increased costs or reductions is retroactive, then such 180-day period shall
be extended to include the period of such retroactive effect.

          Section 2.18. Funding Indemnity. In the event of (a) the payment of any principal of a
Eurodollar Loan other than on the last day of the Interest Period applicable thereto (including as
a result of an Event of Default), (b) the conversion or continuation of a Eurodollar Loan other
than on the last day of the Interest Period applicable thereto or (c) the failure by any Borrower
to borrow, prepay, convert or
continue any Eurodollar Loan on the date specified in any applicable notice (regardless of
whether such notice is withdrawn or revoked), then, in any such event, the Borrowers shall jointly
and severally compensate each Lender, within ten (10) days after written demand from such Lender to
Parent, for any loss, cost or expense attributable to such event. In the case of a Eurodollar Loan,
such loss, cost or expense shall be deemed to include an amount determined by such Lender to be the
excess, if any, of (A) the amount of interest that would have accrued on the principal amount of
such Eurodollar Loan if such event had not occurred at the Adjusted LIBO Rate applicable to such
Eurodollar Loan for the period from the date of such event to the last day of the then current
Interest Period therefor (or in the case of a failure to borrow, convert or continue, for the
period that would have been the Interest Period for such Eurodollar Loan) over (B) the amount of
interest that would accrue on the principal amount of such Eurodollar Loan for the same period if
the Adjusted LIBO Rate were

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set on the date such Eurodollar Loan was prepaid or converted or the
date on which the applicable Borrower failed to borrow, convert or continue such Eurodollar Loan.
A certificate as to any additional amount payable under this Section 2.18 submitted to the
Parent by any Lender (with a copy to the Administrative Agent) shall be conclusive, absent manifest
error. Failure or delay on the part of any Lender or the Issuing Bank to demand compensation
pursuant to this Section shall not constitute a waiver of such Lender’s or the Issuing Bank’s right
to demand such compensation; provided, that the Borrowers shall not be required to
compensate a Lender or the Issuing Bank under this Section for any loss, cost or expense incurred
more than 180 days prior to the date that such Lender or the Issuing Bank notifies the Borrowers of
such loss, cost or expense and of such Lender’s or the Issuing Bank’s intention to claim
compensation therefor.

     Section 2.19. Taxes.

          (a) Any and all payments by or on account of any obligation of any Borrower hereunder shall be
made free and clear of and without deduction for any Indemnified Taxes or Other Taxes;
provided, that if any Borrower shall be required to deduct any Indemnified Taxes or Other
Taxes from such payments, then (i) the sum payable shall be increased as necessary so that after
making all required deductions (including deductions applicable to additional sums payable under
this Section) the Administrative Agent, any Lender or the Issuing Bank (as the case may be) shall
receive an amount equal to the sum it would have received had no such deductions been made, (ii)
the Borrowers shall make such deductions and (iii) the Borrowers shall pay the full amount deducted
to the relevant Governmental Authority in accordance with applicable law.

          (b) In addition, the Borrowers jointly and severally shall pay any Other Taxes to the relevant
Governmental Authority in accordance with applicable law.

          (c) The Borrowers jointly and severally shall indemnify the Administrative Agent, each Lender
and the Issuing Bank, within ten (10) days after written demand therefor, for the full amount of
any Indemnified Taxes or Other Taxes paid by the Administrative Agent, such Lender or the Issuing
Bank, as the case may be, on or with respect to any payment by or on account of any obligation of
any Borrower hereunder (including Indemnified Taxes or Other Taxes imposed or asserted on or
attributable to amounts payable under this Section) and any penalties, interest and reasonable
expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes or Other
Taxes were correctly or legally imposed or asserted by the
relevant Governmental Authority. A certificate as to the amount of such payment or liability
delivered to the Parent by a Lender or the Issuing Bank, or by the Administrative Agent on its own
behalf or on behalf of a Lender or the Issuing Bank, shall be conclusive absent manifest error.

          (d) As soon as practicable after any payment of Indemnified Taxes or Other Taxes by any
Borrower to a Governmental Authority, the Parent shall deliver to the Administrative Agent the
original or a certified copy of a receipt issued by such Governmental Authority evidencing such
payment, a copy of the return reporting such payment or other evidence of such payment reasonably
satisfactory to the Administrative Agent.

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          (e) Any Foreign Lender that is entitled to an exemption from or reduction of withholding tax
under the Code or any treaty to which the United States is a party, with respect to payments under
this Agreement shall deliver to the Parent (with a copy to the Administrative Agent), at the time
or times prescribed by applicable law, such properly completed and executed documentation
prescribed by applicable law or reasonably requested by the Parent as will permit such payments to
be made without withholding or at a reduced rate. Without limiting the generality of the
foregoing, each Foreign Lender agrees that it will deliver to the Administrative Agent and the
Parent (or in the case of a Participant, to the Lender from which the related participation shall
have been purchased), as appropriate, two (2) duly completed copies of (i) Internal Revenue Service
Form W-8 ECI, or any successor form thereto, certifying that the payments received from the
Borrowers hereunder are effectively connected with such Foreign Lender’s conduct of a trade or
business in the United States; or (ii) Internal Revenue Service Form W-8 BEN, or any successor form
thereto, certifying that such Foreign Lender is entitled to benefits under an income tax treaty to
which the United States is a party which reduces the rate of withholding tax on payments of
interest; or (iii) Internal Revenue Service Form W-8 BEN, or any successor form prescribed by the
Internal Revenue Service, together with a certificate (A) establishing that the payment to the
Foreign Lender qualifies as “portfolio interest” exempt from U.S. withholding tax under Code
section 871(h) or 881(c), and (B) stating that (1) the Foreign Lender is not a bank for purposes of
Code section 881(c)(3)(A), or the obligation of the Borrowers hereunder is not, with
respect to such Foreign Lender, a loan agreement entered into in the ordinary course of its trade
or business, within the meaning of that section; (2) the Foreign Lender is not a 10% shareholder of
any Borrower within the meaning of Code section 871(h)(3) or 881(c)(3)(B); and (3) the Foreign
Lender is not a controlled foreign corporation that is related to the Borrowers within the meaning
of Code section 881(c)(3)(C); or (iv) such other Internal Revenue Service forms as may be
applicable to the Foreign Lender, including Forms W-8 IMY or W-8 EXP. Each such Foreign Lender
shall deliver to the Parent and the Administrative Agent such forms on or before the date that it
becomes a party to this Agreement (or in the case of a Participant, on or before the date such
Participant purchases the related participation). In addition, each such Foreign Lender shall
deliver such forms promptly upon the obsolescence or invalidity of any form previously delivered by
such Foreign Lender. Each such Foreign Lender shall promptly notify the Parent and the
Administrative Agent at any time that it determines that it is no longer in a position to provide
any previously delivered certificate to the Parent (or any other form of certification adopted by
the Internal Revenue Service for such purpose).

          (f) In the event that Administrative Agent or any Lender determines in its sole discretion
that it has obtained any refund of Taxes in respect of which an additional payment
amount described in this Section 2.19 was paid, Administrative Agent or such Lender
thereupon shall repay to Borrowers an amount with respect to such refund equal to any net reduction
in Taxes actually obtained by Administrative Agent or such Lender as is attributable to such
refund, net of all out-of-pocket expenses of the Administrative Agent or such Lender and without
interest (other than interest paid by the relevant taxing authority with respect to such refund);
provided, however, that Borrowers, upon the request of Administrative Agent or such
Lender, agrees to repay the amount paid over to Borrowers (plus any penalties, interest or other
charges imposed by the relevant taxing authority) to Administrative Agent or such Lender in the
event Administrative Agent or such Lender is required to repay such refund to such taxing
authority. Nothing in this paragraph shall require Administrative Agent or any Lender to make
available to

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any Borrower or any other Person any tax returns or other information Administrative
Agent or such Lender deems to be confidential or proprietary.

          Section 2.20. Payments Generally; Pro Rata Treatment; Sharing of Set-offs.

          (a) Each Borrower shall make each payment required to be made by it hereunder (whether of
principal, interest, fees or reimbursement of LC Disbursements, or of amounts payable under
Sections 2.17, 2.18 and 2.19, or otherwise) prior to 12:00 noon (Atlanta,
Georgia time), on the date when due, in immediately available funds, free and clear of any
defenses, rights of set-off, counterclaim or withholding or deduction of taxes. Any amounts
received after such time on any date may, in the discretion of the Administrative Agent, be deemed
to have been received on the next succeeding Business Day for purposes of calculating interest
thereon. All such payments shall be made to the Administrative Agent at the Payment Office, except
payments to be made directly to the Issuing Bank or Swingline Lender as expressly provided herein
and except that payments pursuant to Sections 2.17, 2.18 and 2.19 and
10.3 shall be made directly to the Persons entitled thereto. The Administrative Agent
shall distribute any such payments received by it for the account of any other Person to the
appropriate recipient promptly following receipt thereof. If any payment hereunder shall be due on
a day that is not a Business Day, the date for payment shall be extended to the next succeeding
Business Day, and, in the case of any payment accruing interest, interest thereon shall be made
payable for the period of such extension. All payments hereunder shall be made in Dollars.

          (b) If at any time insufficient funds are received by and available to the Administrative
Agent to pay fully all amounts of principal, unreimbursed LC Disbursements, interest and fees then
due hereunder, such funds shall be applied (i) first, towards payment of interest and fees then due
hereunder, ratably among the parties entitled thereto in accordance with the amounts of interest
and fees then due to such parties, and (ii) second, towards payment of principal and unreimbursed
LC Disbursements then due hereunder, ratably among the parties entitled thereto in accordance with
the amounts of principal and unreimbursed LC Disbursements then due to such parties.

          (c) If any Lender shall, by exercising any right of set-off or counterclaim or otherwise,
obtain payment in respect of any principal of or interest on any of its Revolving Loans or
participations in LC Disbursements or Swingline Loans that would result in such Lender receiving
payment of a greater proportion of the aggregate amount of its Revolving Loans and participations
in LC Disbursements and Swingline Loans and accrued interest thereon than the
proportion received by any other Lender, then the Lender receiving such greater proportion
shall purchase (for cash at face value) participations in the Revolving Loans and participations in
LC Disbursements and Swingline Loans of other Lenders to the extent necessary so that the benefit
of all such payments shall be shared by the Lenders ratably in accordance with the aggregate amount
of principal of and accrued interest on their respective Revolving Loans and participations in LC
Disbursements and Swingline Loans; provided, that (i) if any such participations are
purchased and all or any portion of the payment giving rise thereto is recovered, such
participations shall be rescinded and the purchase price restored to the extent of such recovery,
without interest, and (ii) the provisions of this paragraph shall not be construed to apply to any
payment made by any Borrower pursuant to and in accordance with the express terms of this Agreement
or any payment obtained by a Lender as consideration for the

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assignment of or sale of a
participation in any of its Loans or participations in LC Disbursements or Swingline Loans to any
assignee or participant, other than to any Borrower or any Subsidiary or Affiliate thereof (as to
which the provisions of this paragraph shall apply). Each Borrower consents to the foregoing and
agrees, to the extent it may effectively do so under applicable law, that any Lender acquiring a
participation pursuant to the foregoing arrangements may exercise against any Borrower rights of
set-off and counterclaim with respect to such participation as fully as if such Lender were a
direct creditor of such Borrower in the amount of such participation.

          (d) Unless the Administrative Agent shall have received notice from the Parent prior to the
date on which any payment is due to the Administrative Agent for the account of the Lenders or the
Issuing Bank hereunder that the Borrowers will not make such payment, the Administrative Agent may
assume that the Borrowers have made such payment on such date in accordance herewith and may, in
reliance upon such assumption, distribute to the Lenders or the Issuing Bank, as the case may be,
the amount or amounts due. In such event, if the Borrowers have not in fact made such payment,
then each of the Lenders or the Issuing Bank, as the case may be, severally agrees to repay to the
Administrative Agent forthwith on demand the amount so distributed to such Lender or Issuing Bank
with interest thereon, for each day from and including the date such amount is distributed to it to
but excluding the date of payment to the Administrative Agent, at the greater of the Federal Funds
Effective Rate and a rate determined by the Administrative Agent in accordance with banking
industry rules on interbank compensation.

          (e) If any Lender shall fail to make any payment required to be made by it pursuant to
Section 2.4(b), 2.5, 2.21(d) or 10.3(d),
then the Administrative Agent may, in its discretion (notwithstanding any contrary provision
hereof), apply any amounts thereafter received by the Administrative Agent for the account of such
Lender to satisfy such Lender’s obligations under such Sections until all such unsatisfied
obligations are fully paid.

          Section 2.21. Letters of Credit.

          (a) During the Availability Period, the Issuing Bank, in reliance upon the agreements of the
other Lenders pursuant to Section 2.21(d), agrees to issue, at the request of the
Parent, Letters of Credit for the account of any Borrower on the terms and conditions hereinafter
set forth; provided, that (i) each Letter of Credit shall expire on the earlier of (A) the
date one year after the date of issuance of such Letter of Credit (or in the case of any renewal or
extension thereof, one year after such renewal or extension) and (B) the date that is five (5)
Business Days
prior to the Termination Date; (ii) each Letter of Credit shall be in a stated amount of at
least $100,000; and (iii) any Borrower may not request any Letter of Credit, if, after giving
effect to such issuance (A) the aggregate LC Exposure would exceed the LC Commitment or (B) the
aggregate Revolving Credit Exposure of all Lenders would exceed the Aggregate Revolving Commitment
Amount. Upon the issuance of each Letter of Credit each Lender shall be deemed to, and hereby
irrevocably and unconditionally agrees to, purchase from the Issuing Bank without recourse a
participation in such Letter of Credit equal to such Lender’s Pro Rata Share of the aggregate
amount available to be drawn under such Letter of Credit. Each issuance of a Letter of Credit
shall be deemed to utilize the Revolving Commitment of each Lender by an amount equal to the amount
of such participation.

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          (b) To request the issuance of a Letter of Credit (or any amendment, renewal or extension of
an outstanding Letter of Credit), the Parent shall give the Issuing Bank and the Administrative
Agent irrevocable written notice at least three (3) Business Days prior to the requested date of
such issuance specifying the applicable Borrower, the date (which shall be a Business Day) such
Letter of Credit is to be issued (or amended, extended or renewed, as the case may be), the
expiration date of such Letter of Credit, the amount of such Letter of Credit, the name and address
of the beneficiary thereof and such other information as shall be necessary to prepare, amend,
renew or extend such Letter of Credit. In addition to the satisfaction of the conditions in Article
III, the issuance of such Letter of Credit (or any amendment which increases the amount of such
Letter of Credit) will be subject to the further conditions that such Letter of Credit shall be in
such form and contain such terms as the Issuing Bank shall approve and that the applicable Borrower
shall have executed and delivered any additional applications, agreements and instruments relating
to such Letter of Credit as the Issuing Bank shall reasonably require; provided, that in
the event of any conflict between such applications, agreements or instruments and this Agreement,
the terms of this Agreement shall control.

          (c) At least two Business Days prior to the issuance of any Letter of Credit, the Issuing Bank
will confirm with the Administrative Agent (by telephone or in writing) that the Administrative
Agent has received such notice and if not, the Issuing Bank will provide the Administrative Agent
with a copy thereof. Unless the Issuing Bank has received notice from the Administrative Agent on
or before the Business Day immediately preceding the date the Issuing Bank is to issue the
requested Letter of Credit directing the Issuing Bank not to issue the Letter of Credit because
such issuance is not then permitted hereunder because of the limitations set forth in Section
2.21(a) or that one or more conditions specified in Article III are not then satisfied,
then, subject to the terms and conditions hereof, the Issuing Bank shall, on the requested date,
issue such Letter of Credit in accordance with the Issuing Bank’s usual and customary business
practices.

          (d) The Issuing Bank shall examine all documents purporting to represent a demand for payment
under a Letter of Credit promptly following its receipt thereof. The Issuing Bank shall notify the
Parent and the Administrative Agent of such demand for payment and whether the Issuing Bank has
made or will make a LC Disbursement thereunder; provided, that any failure to give or delay
in giving such notice shall not relieve any Borrower of its obligation to reimburse the Issuing
Bank and the Lenders with respect to such LC Disbursement. The Borrowers jointly and severally
shall be irrevocably and unconditionally obligated to reimburse the Issuing Bank for any LC
Disbursements paid by the Issuing Bank in respect of such drawing,
without presentment, demand or other formalities of any kind. Unless the Parent shall have
notified the Issuing Bank and the Administrative Agent prior to 11:00 a.m. (Atlanta, Georgia time)
on the Business Day immediately prior to the date on which such drawing is honored that any
Borrower intends to reimburse the Issuing Bank for the amount of such drawing in funds other than
from the proceeds of Revolving Loans, the Parent shall be deemed to have timely given a Notice of
Revolving Borrowing to the Administrative Agent requesting the Lenders to make a Base Rate
Borrowing on the date on which such drawing is honored in an exact amount due to the Issuing Bank;
provided, that for purposes solely of such Borrowing, the conditions precedents set forth
in Section 3.2 hereof shall not be applicable. The Administrative Agent shall notify the
Lenders of such Borrowing in accordance with Section 2.3, and each Lender shall make the
proceeds of its Base Rate Loan included in such Borrowing available to the

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Administrative Agent for
the account of the Issuing Bank in accordance with Section 2.5. The proceeds of such
Borrowing shall be applied directly by the Administrative Agent to reimburse the Issuing Bank for
such LC Disbursement.

          (e) If for any reason a Base Rate Borrowing may not be (as determined in the sole discretion
of the Administrative Agent), or is not, made in accordance with the foregoing provisions, then
each Lender (other than the Issuing Bank) shall be obligated to fund the participation that such
Lender purchased pursuant to subsection (a) in an amount equal to its Pro Rata Share of such LC
Disbursement on and as of the date which such Base Rate Borrowing should have occurred. Each
Lender’s obligation to fund its participation shall be absolute and unconditional and shall not be
affected by any circumstance, including without limitation (i) any setoff, counterclaim,
recoupment, defense or other right that such Lender or any other Person may have against the
Issuing Bank or any other Person for any reason whatsoever, (ii) the existence of a Default or an
Event of Default or the termination of the Aggregate Revolving Commitments, (iii) any adverse
change in the condition (financial or otherwise) of any Borrower or any of its Subsidiaries, (iv)
any breach of this Agreement by any Borrower or any other Lender, (v) any amendment, renewal or
extension of any Letter of Credit or (vi) any other circumstance, happening or event whatsoever,
whether or not similar to any of the foregoing. On the date that such participation is required to
be funded, each Lender shall promptly transfer, in immediately available funds, the amount of its
participation to the Administrative Agent for the account of the Issuing Bank. Whenever, at any
time after the Issuing Bank has received from any such Lender the funds for its participation in a
LC Disbursement, the Issuing Bank (or the Administrative Agent on its behalf) receives any payment
on account thereof, the Administrative Agent or the Issuing Bank, as the case may be, will
distribute to such Lender its Pro Rata Share of such payment; provided, that if such
payment is required to be returned for any reason to any Borrower or to a trustee, receiver,
liquidator, custodian or similar official in any bankruptcy proceeding, such Lender will return to
the Administrative Agent or the Issuing Bank any portion thereof previously distributed by the
Administrative Agent or the Issuing Bank to it.

          (f) To the extent that any Lender shall fail to pay any amount required to be paid pursuant to
paragraph (d) of this Section 2.21 on the due date therefor, such Lender shall pay interest
to the Issuing Bank (through the Administrative Agent) on such amount from such due date to the
date such payment is made at a rate per annum equal to the Federal Funds Rate; provided,
that if such Lender shall fail to make such payment to the Issuing Bank within three (3) Business
Days of such due date, then, retroactively to the due date, such Lender shall be obligated to pay
interest on such amount at the Default Rate.

          (g) If any Event of Default shall occur and be continuing, on the Business Day that the Parent
receives notice from the Administrative Agent or the Required Lenders demanding the deposit of cash
collateral pursuant to this paragraph, the Borrowers shall deposit in an account with the
Administrative Agent, in the name of the Administrative Agent and for the benefit of the Issuing
Bank and the Lenders, an amount in cash equal to 102% of the LC Exposure as of such date plus any
accrued and unpaid fees thereon; provided, that the obligation to deposit such cash
collateral shall become effective immediately, and such deposit shall become immediately due and
payable, without demand or notice of any kind, upon the occurrence of any Event of Default with
respect to any Borrower described in clause (h) or (i) of Section 8.1. Such deposit shall
be held by the Administrative Agent as collateral for the payment

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and performance of the
obligations of the Borrowers under this Agreement. The Administrative Agent shall have exclusive
dominion and control, including the exclusive right of withdrawal, over such account. Each
Borrower agrees to execute any documents and/or certificates to effectuate the intent of this
paragraph. Other than any interest earned on the investment of such deposits, which investments
shall be made at the option and sole discretion of the Administrative Agent and at the Borrowers’
risk and expense, such deposits shall not bear interest. Interest and profits, if any, on such
investments shall accumulate in such account. Moneys in such account shall applied by the
Administrative Agent to reimburse the Issuing Bank for LC Disbursements for which it had not been
reimbursed and to the extent so applied, shall be held for the satisfaction of the reimbursement
obligations of the Borrowers for the LC Exposure at such time or, if the maturity of the Loans has
been accelerated, with the consent of the Required Lenders, be applied to satisfy other obligations
of the Borrowers under this Agreement. If the Borrowers are required to provide an amount of cash
collateral hereunder as a result of the occurrence of an Event of Default, such amount (to the
extent not so applied as aforesaid) shall be returned to the Borrowers within three Business Days
after all Events of Default have been cured or waived.

          (h) Promptly following the end of each Fiscal Quarter, the Issuing Bank shall deliver (through
the Administrative Agent) to each Lender and the Parent a report describing the aggregate Letters
of Credit outstanding at the end of such Fiscal Quarter. Upon the request of any Lender from time
to time, the Issuing Bank shall deliver to such Lender any other information reasonably requested
by such Lender with respect to each Letter of Credit then outstanding.

          (i) Each Borrower’s obligation to reimburse LC Disbursements hereunder shall be absolute,
unconditional and irrevocable and shall be performed strictly in accordance with the terms of this
Agreement under all circumstances whatsoever and irrespective of any of the following
circumstances:

     (i) Any lack of validity or enforceability of any Letter of Credit or this Agreement;

     (ii) The existence of any claim, set-off, defense or other right which any Borrower
or any Subsidiary or Affiliate of any Borrower may have at any time against a beneficiary
or any transferee of any Letter of Credit (or any Persons or entities for whom any such
beneficiary or transferee may be acting), any Lender (including the Issuing Bank) or any
other Person, whether in connection with this Agreement or the Letter of Credit or any
document related hereto or thereto or any unrelated transaction;

     (iii) Any draft or other document presented under a Letter of Credit proving to be
forged, fraudulent or invalid in any respect or any statement therein being untrue or
inaccurate in any respect;

     (iv) Payment by the Issuing Bank under a Letter of Credit against presentation of a
draft or other document to the Issuing Bank that does not comply with the terms of such
Letter of Credit;

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     (v) Any other event or circumstance whatsoever, whether or not similar to any of the
foregoing, that might, but for the provisions of this Section, constitute a legal or
equitable discharge of, or provide a right of setoff against, the Borrowers’ obligations
hereunder; or

     (vi) The existence of a Default or an Event of Default.

Neither the Administrative Agent, the Issuing Bank, the Lenders nor any Related Party of any of the
foregoing shall have any liability or responsibility by reason of or in connection with the
issuance or transfer of any Letter of Credit or any payment or failure to make any payment
thereunder (irrespective of any of the circumstances referred to above), or any error, omission,
interruption, loss or delay in transmission or delivery of any draft, notice or other communication
under or relating to any Letter of Credit (including any document required to make a drawing
thereunder), any error in interpretation of technical terms or any consequence arising from causes
beyond the control of the Issuing Bank; provided, that the foregoing shall not be construed
to excuse the Issuing Bank from liability to any Borrower to the extent of any actual direct
damages (as opposed to special, indirect (including claims for lost profits or other consequential
damages) or punitive damages, claims in respect of which are hereby waived by each Borrower to the
extent permitted by applicable law) suffered by any Borrower that are caused by the Issuing Bank’s
failure to exercise care when determining whether drafts or other documents presented under a
Letter of Credit comply with the terms thereof. The parties hereto expressly agree, that in the
absence of gross negligence or willful misconduct on the part of the Issuing Bank (as finally
determined by a court of competent jurisdiction), the Issuing Bank shall be deemed to have
exercised care in each such determination. In furtherance of the foregoing and without limiting the
generality thereof, the parties agree that, with respect to documents presented that appear on
their face to be in substantial compliance with the terms of a Letter of Credit, the Issuing Bank
may, in its sole discretion, either accept and make payment upon such documents without
responsibility for further investigation, regardless of any notice or information to the contrary,
or refuse to accept and make payment upon such documents if such documents are not in strict
compliance with the terms of such Letter of Credit.

          (j) Each Letter of Credit shall be subject to the Uniform Customs and Practices for
Documentary Credits (1993 Revision), International Chamber of Commerce Publication No. 500, as the
same may be amended from time to time, and, to the extent not inconsistent therewith, the
governing law of this Agreement set forth in Section 10.5.

          Section 2.22. Mitigation of Obligations.. If any Lender requests compensation under
Section 2.17, or if any Borrower is required to pay any additional amount to any Lender or
any Governmental Authority for the
account of any Lender pursuant to Section 2.19, then such Lender shall use reasonable
efforts to designate a different lending office for funding or booking its Loans hereunder or to
assign its rights and obligations hereunder to another of its offices, branches or affiliates, if,
in the sole judgment of such Lender, such designation or assignment (i) would eliminate or reduce
amounts payable under Section 2.17 or Section 2.19, as the case may be, in the
future and (ii) would not subject such Lender to any unreimbursed cost or expense and would not
otherwise be disadvantageous to such Lender. The Borrowers hereby jointly and severally agree to
pay all costs and expenses incurred by any Lender in connection with such designation or
assignment.

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          Section 2.23. Defaulting Lenders .

          (a) If for any reason any Lender (a “Defaulting Lender”) shall fail or refuse to perform
any of its obligations under this Agreement or any other Loan Document to which it is a party
within the time period specified for performance of such obligation or, if no time period is
specified, if such failure or refusal continues for a period of two Business Days after notice from
the Administrative Agent, then, in addition to the rights and remedies that may be available to the
Administrative Agent or the Borrowers under this Agreement or applicable law, such Defaulting
Lender’s right to participate in the administration of the Loans, this Agreement and the other Loan
Documents, including without limitation, any right to vote in respect of, to consent to or to
direct any action or inaction of the Administrative Agent or to be taken into account in the
calculation of the Required Lenders, shall be suspended during the pendency of such failure or
refusal. If a Lender is a Defaulting Lender because it has failed to make timely payment to the
Administrative Agent of any amount required to be paid to the Administrative Agent hereunder
(without giving effect to any notice or cure periods), in addition to other rights and remedies
which the Administrative Agent or any Borrower may have under the immediately preceding provisions
or otherwise, the Administrative Agent shall be entitled (i) to collect interest from such
Defaulting Lender on such delinquent payment for the period from the date on which the payment was
due until the date on which the payment is made at the Federal Funds Rate, (ii) to withhold or
setoff and to apply in satisfaction of the defaulted payment and any related interest, any amounts
otherwise payable to such Defaulting Lender under this Agreement or any other Loan Document and
(iii) to bring an action or suit against such Defaulting Lender in a court of competent
jurisdiction to recover the defaulted amount and any related interest. Any amounts received by the
Administrative Agent in respect of a Defaulting Lender’s Loans shall not be paid to such Defaulting
Lender and shall be held uninvested by the Administrative Agent and either applied against the
purchase price of such Loans under the following subsection (b) or paid to such Defaulting Lender
upon the Defaulting Lender’s curing of its default.

          (b) Any Lender who is not a Defaulting Lender shall have the right, but not the obligation, in
its sole discretion, to acquire all of a Defaulting Lender’s Commitment. Any Lender desiring to
exercise such right shall give written notice thereof to the Administrative Agent and the Parent no
sooner than 2 Business Days and not later than 5 Business Days after such Defaulting Lender became
a Defaulting Lender. If more than one Lender exercises such right, each such Lender shall have the
right to acquire an amount of such Defaulting Lender’s Commitment in proportion to the Commitments
of the other Lenders exercising such right. If after such 5th Business Day, the Lenders have not
elected to purchase all of the Commitment of such Defaulting Lender, then the Parent may, by giving
written notice thereof to the Administrative Agent, such Defaulting Lender and the other Lenders,
either (i) demand that such
Defaulting Lender assign its Commitment to an Eligible Assignee subject to and in accordance
with the provisions of Section 10.4(b) for the purchase price provided for below or (ii)
terminate the Commitment of such Defaulting Lender, whereupon such Defaulting Lender shall no
longer be a party hereto or have any rights or obligations hereunder or under any of the other Loan
Documents. No party hereto shall have any obligation whatsoever to initiate any such replacement
or to assist in finding an Eligible Assignee. Upon any such purchase or assignment, the Defaulting
Lender’s interest in the Loans and its rights hereunder (but not its liability in respect thereof
or under the Loan Documents or this Agreement to the extent the same relate to the period prior to
the effective date of the purchase) shall terminate on the date of purchase, and

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the Defaulting
Lender shall promptly execute all documents reasonably requested to surrender and transfer such
interest to the purchaser or assignee thereof, including an appropriate Assignment and Acceptance
and, notwithstanding Section 10.4(b), shall pay to the Administrative Agent an assignment
fee in the amount of $3,000. The purchase price for the Commitment of a Defaulting Lender shall be
equal to the amount of the principal balance of the Loans outstanding and owed by the Borrowers to
the Defaulting Lender. Prior to payment of such purchase price to a Defaulting Lender, the
Administrative Agent shall apply against such purchase price any amounts retained by the
Administrative Agent pursuant to the last sentence of the immediately preceding subsection (a).
The Defaulting Lender shall be entitled to receive amounts owed to it by the Borrowers under the
Loan Documents which accrued prior to the date of the default by the Defaulting Lender, to the
extent the same are received by the Administrative Agent from or on behalf of the Borrowers. There
shall be no recourse against any Lender or the Administrative Agent for the payment of such sums
except to the extent of the receipt of payments from any other party or in respect of the Loans.

          Section 2.24. Replacement of Lenders. If any Lender requests compensation under
Section 2.17, or if the Borrowers are required to pay any additional amount to any Lender
or any Governmental Authority of the account of any Lender pursuant to Section 2.19, or if
any Lender is a Defaulting Lender, then the Borrowers may, at its sole expense and effort, upon
notice to such Lender and the Administrative Agent, (a) require such Lender to assign and delegate,
without recourse (in accordance with and subject to the restrictions set forth in Section
10.4(b) all its interests, rights and obligations under this Agreement to an assignee
that shall assume such obligations (which assignee may be another Lender) or (b) if no Default or
Event of Default has occurred and is continuing, terminate the Revolving Commitment of such Lender;
provided, that (i) prior the replacement of such Lender with an assignee, the Borrowers
shall have received the prior written consent of the Administrative Agent, which consent shall not
be unreasonably withheld, (ii) such Lender shall have received payment of an amount equal to the
outstanding principal amount of all Loans owed to it, accrued interest thereon, accrued fees and
all other amounts payable to it hereunder, from the assignee (in the case of such outstanding
principal and accrued interest), if applicable, and from the Borrowers (in the case of all other
amounts) and (iii) in the case of a claim for compensation under Section 2.17 or payments
required to be made pursuant to Section 2.19, such assignment or termination of Revolving
Commitment will result in a reduction in such compensation or payments. A Lender shall not be
required to make any such assignment and delegation or have its Revolving Commitment terminated if,
prior thereto, as a result of a waiver by such Lender or otherwise, the circumstances entitling the
Borrowers to require such assignment and delegation cease to apply.

ARTICLE III

CONDITIONS PRECEDENT TO LOANS AND LETTERS OF CREDIT

          Section 3.1. Conditions To Effectiveness. The obligations of the Lenders (including
the Swingline Lender) to make Loans and the obligation of the Issuing Bank to issue any Letter of
Credit hereunder shall not become effective until the date on which each of the following
conditions is satisfied (or waived in accordance with Section 10.2).

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          (a) The Administrative Agent shall have received all fees and other amounts due and payable on
or prior to the Closing Date, including reimbursement or payment of all out-of-pocket expenses
(including reasonable fees, charges and disbursements of outside counsel to the Administrative
Agent) required to be reimbursed or paid by the Borrowers hereunder or under any other Loan
Document.

          (b) The Administrative Agent (or its counsel) shall have received the following, each in form
and substance satisfactory to the Administrative Agent:

     (i) a counterpart of this Agreement signed by or on behalf of each party hereto or
written evidence satisfactory to the Administrative Agent (which may include telecopy
transmission of a signed signature page of this Agreement) that such party has signed a
counterpart of this Agreement;

     (ii) a duly executed Revolving Credit Note payable to each Lender and a duly executed
Swingline Note payable to the Swingline Lender;

     (iii) the Subsidiary Guaranty Agreement duly executed by all Material Subsidiaries
that are Domestic Subsidiaries (other than Services and Checkfree Investment);

     (iv) a certificate of the Secretary or Assistant Secretary of each Loan Party,
attaching and certifying copies of its bylaws and of the resolutions of its boards of
directors, or partnership agreement or limited liability company agreement, or comparable
organizational documents and authorizations, authorizing the execution, delivery and
performance of the Loan Documents to which it is a party and certifying the name, title
and true signature of each officer of such Loan Party executing the Loan Documents to
which it is a party;

     (v) certified copies of the articles or certificate of incorporation, certificate of
organization or limited partnership, or other registered organizational documents of each
Loan Party, together with certificates of good standing or existence, as may be available
from the Secretary of State of the jurisdiction of organization of such Loan Party and
each other jurisdiction where such Loan Party is required to be qualified to do business
as a foreign corporation;

     (vi) a favorable written opinion of Alston & Bird, LLP, counsel to the Loan Parties,
addressed to the Administrative Agent and each of the Lenders, and covering such matters
relating to the Loan Parties, the Loan Documents and the transactions contemplated therein
as the Administrative Agent or the Required Lenders shall reasonably request;

     (vii) a certificate, dated the Closing Date and signed by a Responsible Officer,
certifying that (x) no Default or Event of Default exists, (y) all representations and
warranties of each Loan Party set forth in the Loan Documents are true and correct and
(z) since the date of the audited financial statements of the Parent described in
Section 4.4, there shall have been no change which has had or could reasonably be
expected to have a Material Adverse Effect;

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     (viii) a duly executed Notice of Revolving Borrowing, if applicable;

     (ix) a duly executed funds disbursement agreement, if applicable;

     (x) certified copies of all consents, approvals, authorizations, registrations and
filings and orders required to be made or obtained under any Requirement of Law, or by any
Contractual Obligation of each Loan Party, in connection with the execution, delivery,
performance, validity and enforceability of the Loan Documents or any of the transactions
contemplated thereby, and such consents, approvals, authorizations, registrations, filings
and orders shall be in full force and effect and all applicable waiting periods shall have
expired, and no investigation or inquiry by any governmental authority regarding this
Agreement or any transaction being financed with the proceeds hereof shall be ongoing;

     (xi) a certificate, dated the Closing Date and signed by the chief financial officer
of each Loan Party, confirming the solvency of each Loan Party before and after giving
effect to all transactions contemplated by the Loan Documents.

     (xii) evidence satisfactory to the Administrative Agent that all Liens securing
obligations of any Loan Party outstanding under the Existing Credit Agreement, the ARC
Transmission Agreement or any ACH Master Agreement have been released.

          Section 3.2. Each Credit Event. The obligation of each Lender to make a Loan on the
occasion of any Borrowing and of the Issuing Bank to issue, amend, renew or extend any Letter of
Credit is subject to the satisfaction of the following conditions:

          (a) at the time of and immediately after giving effect to such Borrowing or the issuance,
amendment, renewal or extension of such Letter of Credit, as applicable, no Default or Event of
Default shall exist;

          (b) at the time of and immediately after giving effect to such Borrowing or the issuance,
amendment, renewal or extension of such Letter of Credit, all representations and warranties of
each Loan Party set forth in the Loan Documents shall be true and correct in all material respects
on and as of the date of such Borrowing or the date of issuance, amendment,
extension or renewal of such Letter of Credit, in each case before and after giving effect
thereto (except for such representation and warranties which relate to an earlier date or such
changes in factual circumstances as are expressly permitted under the Loan Documents);

          (c) after giving effect to such Borrowing or the issuance, amendment, renewal or extension of
such Letter of Credit, as applicable, the Leverage Ratio as of such date would not be greater than
2.50:1.00;

          (d) Since June 30, 2005, there shall have been no change that has had or could be reasonably
expected to have a Material Adverse Effect on the Borrowers and the Guarantors, taken as a whole;
and

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          (e) the Administrative Agent shall have received such other documents, certificates,
information or legal opinions as the Administrative Agent may reasonably request, all in form and
substance reasonably satisfactory to the Administrative Agent.

          Each Borrowing and each issuance, amendment, extension or renewal of any Letter of Credit
shall be deemed to constitute a representation and warranty by the Borrowers on the date thereof as
to the matters specified in paragraphs (a) and (b) of this Section 3.2.

          Section 3.3. Delivery of Documents. All of the Loan Documents, certificates, legal
opinions and other documents and papers referred to in this Article III, unless otherwise
specified, shall be delivered to the Administrative Agent for the account of each of the Lenders
and, except for the Notes, in sufficient counterparts or copies for each of the Lenders and shall
be in form and substance satisfactory in all respects to the Administrative Agent.

ARTICLE IV

REPRESENTATIONS AND WARRANTIES

          The Borrowers represent and warrant to the Administrative Agent and each Lender as follows:

          Section 4.1. Existence; Power. Each Loan Party (i) is duly organized and validly
existing under the laws of the jurisdiction of its organization, (ii) has all requisite corporate
power and authority to carry on its business as now conducted, and (iii) is duly qualified to do
business, and is in good standing, in each jurisdiction where such qualification is required,
except where a failure to be so qualified could not reasonably be expected to result in a Material
Adverse Effect.

          Section 4.2. Organizational Power; Authorization. The execution, delivery and
performance by each Loan Party of the Loan Documents to which it is a party are within such Loan
Party’s organizational powers and have been duly authorized by all necessary organizational, and if
required, shareholder, partner or member, action. This Agreement has been duly executed and
delivered by each Borrower, and constitutes, and each other Loan Document to which any Loan
Party is a party, when executed and delivered by such Loan Party, will constitute, valid and
binding obligations of such Borrower or such Loan Party (as the case may be), enforceable against
it in accordance with their respective terms, except as may be limited by applicable bankruptcy,
insolvency, reorganization, moratorium, or similar laws affecting the enforcement of creditors’
rights generally and by general principles of equity.

          Section 4.3. Governmental Approvals; No Conflicts. The execution, delivery and
performance by each Borrower of this Agreement, and by each Loan Party of the other Loan Documents
to which it is a party (a) do not require any consent or approval of, registration or filing with,
or any action by, any Governmental Authority, except those as have been obtained or made and are in
full force and effect, (b) will not violate any Requirements of Law applicable to any Borrower or
any of its Subsidiaries or any judgment, order or ruling of any Governmental Authority, (c) will
not violate or result in a default under any indenture, material agreement or other material
instrument binding on any Borrower or any of its Subsidiaries or any of its assets

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or give rise to
a right thereunder to require any payment to be made by any Borrower or any of its Subsidiaries and
(d) will not result in the creation or imposition of any Lien on any asset of any Borrower or any
of its Subsidiaries, except Liens (if any) created under the Loan Documents.

          Section 4.4. Financial Statements. The Parent has furnished to each Lender (i) the
audited consolidated balance sheet of the Parent and its Subsidiaries as of June 30, 2005 and the
related consolidated statements of income, shareholders’ equity and cash flows for the Fiscal Year
then ended audited by Deloitte & Touche, LLP and (ii) the unaudited consolidated balance sheet of
the Parent and its Subsidiaries as of December 31, 2005, and the related unaudited consolidated
statements of income and cash flows for the Fiscal Quarter and year-to-date period then ending,
certified by a Responsible Officer. Such financial statements fairly present the consolidated
financial condition of the Parent and its Subsidiaries as of such dates and the consolidated
results of operations for such periods in conformity with GAAP consistently applied. Since June
30, 2005, there have been no changes with respect to any Borrower and its Subsidiaries which have
had or could reasonably be expected to have, singly or in the aggregate, a Material Adverse Effect.

          Section 4.5. Litigation and Environmental Matters.

          (a) No litigation, investigation or proceeding of or before any arbitrators or Governmental
Authorities is pending against or, to the knowledge of the Borrowers, threatened against or
affecting any Borrower or any of its Subsidiaries (i) as to which there is a reasonable possibility
of an adverse determination that could reasonably be expected to have, either individually or in
the aggregate, a Material Adverse Effect or (ii) which in any manner draws into question the
validity or enforceability of this Agreement or any other Loan Document.

          (b) Except for the matters set forth on Schedule 4.5 or except for matters that could
not reasonably be expected to have, either individually or in the aggregate, a Material Adverse
Effect, none of the Borrowers or any of their Subsidiaries (i) has failed to comply with any
Environmental Law or to obtain, maintain or comply with any permit, license or other
approval required under any Environmental Law, (ii) has become subject to any Environmental
Liability, (iii) has received notice of any claim with respect to any Environmental Liability or
(iv) knows of any basis for any Environmental Liability.

          Section 4.6. Compliance with Laws and Agreements. Each Borrower and each Subsidiary
is in compliance with (a) all Requirements of Law and all judgments, decrees and orders of any
Governmental Authority and (b) all indentures, agreements or other instruments binding upon it or
its properties, except where non-compliance with either of subsections (a) or (b), either singly or
in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.

          Section 4.7. Investment Company Act, Etc. None of the Borrowers nor any of their
Subsidiaries is (a) an “investment company” or is “controlled” by an “investment company”, as such
terms are defined in, or subject to regulation under, the Investment Company Act of 1940, as
amended, (b) a “holding company” as defined in, or subject to regulation under,

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the Public Utility
Holding Company Act of 1935, as amended or (c) otherwise subject to any other regulatory scheme
limiting its ability to incur debt.

          Section 4.8. Taxes. Each Borrower and its Subsidiaries and each other Person for
whose taxes any Borrower or any Subsidiary are liable have timely filed or caused to be filed all
Federal income tax returns and all other material tax returns that are required to be filed by
them, and have paid all taxes shown to be due and payable on such returns or on any assessments
made against it or its property and all other taxes, fees or other charges imposed on it or any of
its property by any Governmental Authority, except where the same are currently being contested in
good faith by appropriate proceedings and for which any Borrower or such Subsidiary, as the case
may be, has set aside on its books adequate reserves. The charges, accruals and reserves on the
books of any Borrower and its Subsidiaries in respect of such taxes are adequate, and no tax
liabilities that could be materially in excess of the amount so provided are anticipated.

          Section 4.9. Margin Regulations. None of the proceeds of any of the Loans or Letters
of Credit will be used, directly or indirectly, for “purchasing” or “carrying” any “margin stock”
with the respective meanings of each of such terms under Regulation U of the Board of Governors of
the Federal Reserve System as now and from time to time hereafter in effect or for any purpose that
violates the provisions of Regulation U. None of the Borrowers nor any of their Subsidiaries is
engaged principally, or as one of its important activities, in the business of extending credit for
the purpose of purchasing or carrying “margin stock.”

          Section 4.10. ERISA. No ERISA Event has occurred or is reasonably expected to occur
that, when taken together with all other such ERISA Events for which liability is reasonably
expected to occur, could reasonably be expected to result in a Material Adverse Effect. The
present value of all accumulated benefit obligations under each Plan (based on the assumptions
used for purposes of Statement of Financial Standards No. 87) did not, as of the date of the most
recent financial statements reflecting such amounts, exceed the fair market value of the assets of
such Plan, and the present value of all
accumulated benefit obligations of all underfunded Plans (based on the assumptions used for
purposes of Statement of Financial Standards No. 87) did not, as of the date of the most recent
financial statements reflecting such amounts, exceed the fair market value of the assets of all
such underfunded Plans, in each case by an amount in excess of $25,000,000.

          Section 4.11. Ownership of Property.

          (a) Each of the Borrowers and their Subsidiaries has good title to, or valid leasehold
interests in, all of its real and personal property material to the operation of its business,
including all such properties reflected in the most recent audited consolidated balance sheet of
the Parent referred to in Section 4.4 or purported to have been acquired by any Borrower or
any Subsidiary after said date (except as sold or otherwise disposed of in the ordinary course of
business), in each case free and clear of Liens prohibited by this Agreement. All leases of the
Borrowers and their Subsidiaries are valid and subsisting and are in full force, except when the
failure to be so valid or in force and effect would not have a Material Adverse Effect.

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          (b) Each of the Borrowers and their Subsidiaries owns, or is licensed, or otherwise has the
right, to use, all patents, trademarks, service marks, trade names, copyrights and other
intellectual property used in its business, and the use thereof by the Borrowers and their
Subsidiaries does not infringe on the rights of any other Person except to the extent that the
failure or infringement thereof would not have a Material Adverse Effect.

          (c) The properties of the Borrowers and their Subsidiaries are insured with financially sound
and reputable insurance companies which are not Affiliates of the Borrowers (other than self
insurance through a captive insurance Subsidiary that is not a Material Subsidiary, either
initially upon investment into such Subsidiary or thereafter, for liabilities not currently insured
by the Borrowers and their Subsidiaries on the Closing Date and other self insurance through such
captive insurance Subsidiary as the Required Lenders may approve, such approval not to be
unreasonably withheld or delayed), in such amounts with such deductibles and covering such risks as
are customarily carried by companies engaged in similar businesses and owning similar properties in
localities where any Borrower or any applicable Subsidiary operates.

          Section 4.12. Disclosure. Neither the Information Memorandum nor any of the reports
(including without limitation all reports that any Borrower is required to file with the Securities
and Exchange Commission), financial statements, certificates or other information furnished by or
on behalf of any Borrower or any other Loan Party to the Administrative Agent or any Lender in
connection with the negotiation or syndication of this Agreement or any other Loan Document or
delivered hereunder or thereunder (as modified or supplemented by any other information so
furnished) contains any material misstatement of fact or omits to state any material fact necessary
to make the statements therein, taken as a whole, in light of the circumstances under which they
were made, not misleading; provided, that with respect to projected financial information,
the Borrowers represent only that such information was prepared in good faith based upon
assumptions believed to be reasonable at the time.

          Section 4.13. Labor Relations. There are no strikes, lockouts or other material labor
disputes or grievances against any Borrower or any of its Subsidiaries, or, to any Borrower’s
knowledge, threatened against or affecting any Borrower or any of its Subsidiaries, and no
significant unfair labor practice, charges or grievances are pending against any Borrower or any of
its Subsidiaries, or to any Borrower’s knowledge, threatened against any of them before any
Governmental Authority which strikes, lockouts, disputes, grievances or charges could individually
or in the aggregate, reasonably be expected to cause a Material Adverse Effect. All payments due
from any Borrower or any of its Subsidiaries pursuant to the provisions of any collective
bargaining agreement have been paid or accrued as a liability on the books of such Borrower or any
such Subsidiary, except where the failure to do so could not reasonably be expected to have a
Material Adverse Effect.

          Section 4.14. Subsidiaries Schedule 4.14 sets forth the name of, the
ownership interest of each Borrower in, the jurisdiction of incorporation of, and the type of, each
Subsidiary and identifies each Subsidiary that is a Subsidiary Loan Party, in each case as of the
Closing Date.

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          Section 4.15. Insolvency. After giving effect to the execution and delivery of the
Loan Documents, the making of the Loans and issuance of Letters of Credit under this Agreement,
neither the Parent nor its Subsidiaries will be “insolvent,” within the meaning of such term as
defined in §101 of Title 11 of the United States Code, as amended from time to time, or be unable
to pay its debts generally as such debts become due, or have an unreasonably small capital to
engage in any business or transaction, whether current or contemplated.

          Section 4.16. OFAC. No Loan Party (i) is a person whose property or interest in
property is blocked or subject to blocking pursuant to Section 1 of Executive Order 13224 of
September 23, 2001 Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten
to Commit, or Support Terrorism (66 Fed. Reg. 49079 (2001)), (ii) engages in any dealings or
transactions prohibited by Section 2 of such executive order, or is otherwise associated with any
such person in any manner violative of Section 2, or (iii) is a person on the list of Specially
Designated Nationals and Blocked Persons or subject to the limitations or prohibitions under any
other U.S. Department of Treasury’s Office of Foreign Assets Control regulation or executive order.

          Section 4.17. Patriot Act. Each Loan Party is in compliance, in all material
respects, with the (i) the Trading with the Enemy Act, as amended, and each of the foreign assets
control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as
amended) and any other enabling legislation or executive order relating thereto, and (ii) the
Uniting And Strengthening America By Providing Appropriate Tools Required To Intercept And Obstruct
Terrorism (USA Patriot Act of 2001). No part of the proceeds of the Loans will be used, directly
or indirectly, for any payments to any governmental official or employee, political party, official
of a political party, candidate for political office, or anyone else acting in an official
capacity, in order to obtain, retain or direct business or obtain any improper advantage, in
violation of the United States Foreign Corrupt Practices Act of 1977, as amended.

ARTICLE V

AFFIRMATIVE COVENANTS

          Each Borrower covenants and agrees that so long as any Lender has a Commitment hereunder or
any Obligation remains unpaid or outstanding:

          Section 5.1. Financial Statements and Other Information. The Parent will deliver to
the Administrative Agent:

          (a) as soon as available and in any event within 90 days after the end of each Fiscal Year of
the Parent, a copy of the annual audited report for such Fiscal Year for the Parent and its
Subsidiaries, containing a consolidated balance sheet of the Parent and its Subsidiaries as of the
end of such Fiscal Year and the related consolidated statements of income, stockholders’ equity and
cash flows (together with all footnotes thereto) of the Parent and its Subsidiaries for such Fiscal
Year, setting forth in each case in comparative form the figures for the previous Fiscal Year, all
in reasonable detail and reported on by Deloitte & Touche, LLP or other independent public
accountants of nationally recognized standing (without a “going concern” or like qualification and
without any qualification or exception as to scope of such audit) to the

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effect that such financial
statements present fairly in all material respects the financial condition and the results of
operations of the Parent and its Subsidiaries for such Fiscal Year on a consolidated basis in
accordance with GAAP and that the examination by such accountants in connection with such
consolidated financial statements has been made in accordance with generally accepted auditing
standards;

          (b) as soon as available and in any event within 45 days after the end of each Fiscal Quarter
of the Parent, an unaudited consolidated balance sheet of the Parent and its Subsidiaries as of the
end of such Fiscal Quarter and the related unaudited consolidated statements of income and cash
flows of the Parent and its Subsidiaries for such Fiscal Quarter and the then elapsed portion of
such Fiscal Year, setting forth in each case in comparative form the figures for the corresponding
quarter and the corresponding portion of Parent’s previous Fiscal Year;

          (c) concurrently with the delivery of the financial statements referred to in clauses (a) and
(b) above, a Compliance Certificate signed by the principal executive officer and the principal
financial officer of the Parent;

          (d) concurrently with the delivery of the financial statements referred to in clause (a)
above, a certificate of the accounting firm that reported on such financial statements stating
whether they obtained any knowledge during the course of their examination of such financial
statements of any Default or Event of Default (which certificate may be limited to the extent
required by accounting rules or guidelines);

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

          (f) promptly following any request therefor, such other information regarding the results of
operations, business affairs and financial condition of any Borrower or any Subsidiary as the
Administrative Agent may reasonably request; provided, however, that in any event no Borrower shall
be obligated to deliver any such information to the extent delivery thereof could compromise any
attorney-client privilege or that would cause undue exposure or burden for any Borrower to obtain
or prepare, unless such disclosure is otherwise required by law.

     Information required to be delivered pursuant to this Section 5.1 shall be deemed to
have been delivered if such information shall have been posted by the Administrative Agent on an
Intralinks or similar site to which the Lenders have been granted access or shall be available on
the website of the Securities and Exchange Commission at http://www.sec.gov and the Parent
shall have notified the Administrative Agent of the availability of all Form 10Q and Form10K
reports; provided that the Parent shall deliver paper copies of such information to any Lender that
requests such delivery. Information required to be delivered pursuant to this Section 5.1
may also be delivered by electronic communications pursuant to procedures approved by the
Administrative Agent.

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          Section 5.2. Notices of Material Events. The Borrowers will furnish to the
Administrative Agent prompt written notice of the following:

          (a) the occurrence of any Default or Event of Default;

          (b) the filing or commencement of any action, suit or proceeding by or before any arbitrator
or Governmental Authority against or, to the knowledge of any Borrower, affecting any Borrower or
any Subsidiary which, if adversely determined, could reasonably be expected to result in a Material
Adverse Effect;

          (c) the occurrence of any event or any other development by which any Borrower or any of its
Subsidiaries (i) fails to comply with any Environmental Law or to obtain, maintain or comply with
any permit, license or other approval required under any Environmental Law, (ii) becomes subject to
any Environmental Liability, (iii) receives notice of any claim with respect to any Environmental
Liability, or (iv) becomes aware of any basis for any Environmental Liability and in each of the
preceding clauses, which individually or in the aggregate, could reasonably be expected to result
in a Material Adverse Effect;

          (d) the receipt by any Borrower or any of its Subsidiaries of any written notice of an alleged
default or event of default, in respect of any Material Indebtedness of such Borrower or any of its
Subsidiaries, or the occurrence of any “Level III Default” under the ACH Programs with SunTrust
Bank; and

          (e) the occurrence of any ERISA Event that alone, or together with any other ERISA Events that
have occurred, could reasonably be expected to result in liability of the Borrowers and their
Subsidiaries in an aggregate amount exceeding $10,000,000.

Each notice delivered under this Section shall be accompanied by a written statement of a
Responsible Officer setting forth the details of the event or development requiring such notice and
any action taken or proposed to be taken with respect thereto.

          Section 5.3. Existence; Conduct of Business. Each Borrower will, and will cause each
of its Subsidiaries to, do or cause to be done all things necessary to preserve, renew and maintain
in full force and effect its legal existence and its respective rights, licenses, permits,
privileges, franchises, patents, copyrights, trademarks and trade names material to the conduct of
its business and will continue to engage in the same business as presently conducted or such other
businesses that are reasonably related or complementary thereto; provided, that nothing in
this Section shall prohibit any merger, consolidation, liquidation or dissolution permitted under
Section 7.3 or 7.6.

          Section 5.4. Compliance with Laws, Etc. Each Borrower will, and will cause each of its
Subsidiaries to, comply with all laws, rules, regulations and requirements of any Governmental
Authority applicable to its business and properties, including without limitation, all
Environmental Laws, ERISA and OSHA, except where the failure to do so, either individually or in
the aggregate, could not reasonably be expected to result in a Material Adverse Effect.

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          Section 5.5. Payment of Obligations. Each Borrower will, and will cause each of its
Subsidiaries to, pay and discharge at or before maturity, all of its obligations and liabilities
(including without limitation all tax liabilities and claims that could result in a statutory Lien)
before the same shall become delinquent or in default, except where (a) the validity or amount
thereof is being contested in good faith by appropriate proceedings, and such Borrower or such
Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with
GAAP or (b) the failure to make payment could not reasonably be expected to result in a Material
Adverse Effect.

          Section 5.6. Books and Records. Each Borrower will, and will cause each of its
Subsidiaries to, keep proper books of record and account in which full, true and correct entries
shall be made of all dealings and transactions in relation to its business and activities to the
extent necessary to prepare the consolidated financial statements of Parent in conformity with
GAAP.

          Section 5.7.
Visitation, Inspection, Etc. Each Borrower will, and will
cause each of its Subsidiaries to, permit any representative of the Administrative Agent or any
Lender, to visit and inspect its properties to examine its books and records and to make copies and
take extracts therefrom, and to discuss its affairs, finances and accounts with any of its officers
and with its independent certified public accountants (so long as the Parent shall have an
opportunity to be present during any such discussions), all at such reasonable times and as often
as the Administrative Agent or any Lender may reasonably request after at least two Business Day’s
prior notice to the Parent; provided,
however, (i) if no Event of Default has occurred, the number of visits shall be no
greater than two per year and (ii) if an Event of Default has occurred and is continuing, no prior
notice shall be required. The Borrowers shall be jointly and severally responsible for payment of
all reasonable out-of-pocket expenses incurred by the Administrative Agent for up to two visits
per Fiscal Year if no Event of Default has occurred and is continuing, and unlimited visits if an
Event of Default has occurred and is continuing.

          Section 5.8.
Maintenance of Properties; Insurance. Each Borrower will, and will
cause each of its Subsidiaries to, (a) except as otherwise expressly permitted in the Loan
Documents, keep and maintain all property material to the conduct of its business in good working
order and condition, ordinary wear and tear excepted and (b) maintain with financially sound and
reputable insurance companies, insurance with respect to its properties and business, and the
properties and business of its Subsidiaries, against loss or damage of the kinds customarily
insured against by companies in the same or similar businesses operating in the same or similar
locations.

          Section 5.9. Use of Proceeds and Letters of Credit. Each Borrower will use the
proceeds of all Loans to fund general corporate purposes of the Borrowers and their Subsidiaries,
including, without limitation, Permitted Acquisitions and credit support for commercial paper. No
part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that
would violate any rule or regulation of the Board of Governors of the Federal Reserve System,
including Regulations T, U or X thereof. All Letters of Credit will be used for general corporate
purposes.

          Section 5.10. Additional Subsidiaries.

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          (a) In the event that, subsequent to the Closing Date, any Person becomes a Material Domestic
Subsidiary pursuant to an acquisition or formation, (x) the Parent shall promptly notify the
Administrative Agent and the Lenders of the creation or acquisition of such Subsidiary and (y)
within thirty (30) days thereafter, the Borrowers shall cause such Person (i) to join the
Subsidiary Guaranty Agreement as a new Subsidiary Loan Party by executing and delivering to the
Administrative Agent a supplement to the Subsidiary Guaranty Agreement, and (ii) to deliver all
such other documentation (including without limitation, legal opinions and certified organizational
documents) and to take all such other actions as such Subsidiary would have been required to
deliver and take pursuant to Section 3.1 if such Subsidiary had been a Loan Party on the
Closing Date.

          (b) If the aggregate Consolidated EBITDA or cash, Permitted Investments, short and long term
investments, accounts receivable and fixed assets (on a non-consolidated basis) of the Borrowers
and the Subsidiary Loan Parties (but excluding the assets of Bastogne) at the end of any Fiscal
Quarter are less than the Aggregate Subsidiary Threshold, then the Borrowers shall cause one or
more other Subsidiaries to become additional Subsidiary Loan Parties, by complying with the
requirements of clause (a) above with respect to such Subsidiaries, within thirty (30) Business
Days after the end of such Fiscal Quarter, so that after including the Consolidated EBITDA and
cash, Permitted Investments, short and long term investments, accounts receivable and fixed assets
of any such additional Subsidiary Loan Parties,
the aggregate Consolidated EBITDA and cash, Permitted Investments, short and long term
investments, accounts receivable and fixed assets (on a non-consolidated basis) of the Borrowers
and all such Subsidiary Loan Parties would equal or exceed the Aggregate Subsidiary Threshold. The
Borrowers may elect at any time to have any Subsidiary become an additional Subsidiary Loan Party
as provided in clause (a) above.

          (c) All actions to be taken pursuant to this Section 5.10 shall be at the expense of
the Borrowers and the other Loan Parties, and shall be taken to the reasonable satisfaction of the
Administrative Agent.

          (d) The Parent may request that any Subsidiary Loan Party be released from, and discharged
from its obligations under, the Subsidiary Guaranty Agreement from time to time, and the
Administrative Agent shall promptly, at the expense of the Borrowers, so release and discharge any
such Subsidiary Loan Party from the Subsidiary Guaranty Agreement to the extent that the Borrowers
have certified in reasonable detail satisfactory to the Administrative Agent that after giving
effect to such release and discharge, the Borrowers are in compliance with clauses (a) and (b) of
this Section 5.10 (including in connection with any sale or disposition of a Subsidiary
permitted hereunder).

          Section 5.11. Further Assurances. The Borrowers will, and will cause each Subsidiary
Loan Party to, execute any and all further documents, financing statements, agreements and
instruments, and take all such further actions (including the filing and recording of financing
statements and other documents), which may be required under any applicable law, or which the
Administrative Agent or the Required Lenders may reasonably request, to effectuate the transactions
contemplated by the Loan Documents.

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ARTICLE VI

FINANCIAL COVENANTS

          Each Borrower covenants and agrees that so long as any Lender has a Commitment hereunder or
any Obligation remains unpaid or outstanding:

          Section 6.1. Leverage Ratio. The Borrowers will maintain on the last day of each
Fiscal Quarter, commencing with the Fiscal Quarter ending June 30, 2006, a Leverage Ratio of not
greater than 2.50:1.00.

          Section 6.2. Fixed Charge Coverage Ratio. The Borrowers will maintain, as of the end
of each Fiscal Quarter, commencing with the Fiscal Quarter ending June 30, 2006, a Fixed Charge
Coverage Ratio of not less than 3.00:1:00.

ARTICLE VII

NEGATIVE COVENANTS

          Each Borrower covenants and agrees that so long as any Lender has a Commitment hereunder or
any Obligation remains unpaid or outstanding:

          Section 7.1. Subsidiary Indebtedness. The Borrowers will not permit any of their
Subsidiaries (and for purposes of this Section 7.1, Services and Checkfree Investments
shall not constitute “Subsidiaries”) to create, incur, assume or suffer to exist any Indebtedness,
except:

          (a) Indebtedness created pursuant to the Loan Documents;

          (b) Indebtedness existing on the date hereof and set forth on Schedule 7.1 and
extensions, renewals and replacements of any such Indebtedness that do not increase the outstanding
principal amount thereof (immediately prior to giving effect to such extension, renewal or
replacement) or shorten the maturity or the weighted average life thereof;

          (c) unsecured Indebtedness of any Subsidiary owing to any Borrower or any other Subsidiary;
provided, that any such Indebtedness that is owed by a Subsidiary that is not a Subsidiary
Loan Party shall be subject to Section 7.4;

          (d) Indebtedness in an aggregate principal amount outstanding at any time not to exceed 10% of
Consolidated Net Worth as at the end of the Parent’s most recently ended Fiscal Quarter for which
financial statements have been made available, or are required to have been made available, to the
Administrative Agent.

          (e) Guarantees by any Subsidiary of Indebtedness of any Borrower or any other Subsidiary;
provided, that Guarantees by any Loan Party of Indebtedness of any Subsidiary that is not a
Subsidiary Loan Party shall be subject to Section 7.4;

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          (f) Indebtedness incurred with respect to ACH Programs and other similar programs and
arrangements for the provision of ACH Services with parties other than Lenders, and any
Indebtedness arising under the ARC Transmission Agreement;

          (g) Indebtedness in respect of Hedging Obligations permitted by Section 7.9;

          (h) Synthetic Lease Obligations in an amount not to exceed $110,000,000 in the aggregate at
any one time outstanding and any refinancing, replacement, extension or modification thereof,
(except any refinancing, replacement, extension or modification the effect of which would be to
change or amend the terms thereof if such change or amendment would materially increase the
obligations of the obligor or confer additional material rights to the holder of such obligations
in each case, taken as a whole, in a manner adverse to any Loan Party, Agent or any Lender); and

          (i) Indebtedness of Foreign Subsidiaries not to exceed $25,000,000 at any time outstanding.

          Section 7.2. Negative Pledge. The Borrowers will not, and will not permit any of
their Subsidiaries to, create, incur, assume or suffer to exist any Lien on any of their assets or
property now owned or hereafter acquired or, except:

          (a) Liens securing the Obligations;

          (b) Permitted Encumbrances;

          (c) any Liens on any property or asset of any Borrower or any Subsidiary existing on the
Closing Date set forth on Schedule 7.2; provided, that such Lien shall not apply to
any other property or asset of any Borrower or any Subsidiary;

          (d) Liens securing Indebtedness permitted by Section 7.1(g) and (h);

          (e) Liens securing Indebtedness in an aggregate amount not to exceed $25,000,000 in any one
Fiscal Year and $60,000,000 in the aggregate;

          (f) any Lien (i) existing on any asset of any Person at the time such Person becomes a
Subsidiary of any Borrower, (ii) existing on any asset of any Person at the time such Person is
merged with or into any Borrower or any Subsidiary of any Borrower or (iii) existing on any asset
prior to the acquisition thereof by any Borrower or any Subsidiary of any Borrower;
provided, that any such Lien was not created in the contemplation of any of the foregoing
and any such Lien secures only those obligations which it secures on the date that such Person
becomes a Subsidiary or the date of such merger or the date of such acquisition;

          (g) Liens on assets of Foreign Subsidiaries securing Indebtedness permitted under Section
7.1(i); and

          (h) extensions, renewals, or replacements of any Lien referred to in paragraphs (a) through
(d) of this Section; provided, that the principal amount of the

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Indebtedness secured
thereby is not increased and that any such extension, renewal or replacement is limited to the
assets originally encumbered thereby.

          Section 7.3. Fundamental Changes.

          (a) The Borrowers will not, and will not permit any Subsidiary to, merge into or consolidate
into any other Person, or permit any other Person to merge into or consolidate with it, or sell,
lease, transfer or otherwise dispose of (in a single transaction or a series of transactions) all
or substantially all of its assets (in each case, whether now owned or hereafter acquired) or
liquidate or dissolve; provided, that if at the time thereof and immediately after giving
effect thereto, no Default or Event of Default shall have occurred and be continuing (i) any
Borrower or any Subsidiary may merge with a Person (other than a merger of a Borrower with another
Borrower) if any Borrower (or such Subsidiary if a Borrower is not a party to such merger) is the
surviving Person, (ii) any Borrower may merge with another Borrower, (iii) any Subsidiary
(excluding Services and Checkfree Investment) may merge into another Subsidiary; provided,
that if any party to such merger is a Subsidiary Loan Party, either (A) the Subsidiary
Loan Party shall be the surviving Person or (B) if the surviving Person was not a Subsidiary
Loan Party either (1) such Person shall become a Subsidiary Loan Party immediately upon
consummation of such merger and otherwise in accordance with Section 5.10 or (2) the
Borrowers shall have certified in reasonable detail satisfactory to the Administrative Agent that
after giving effect to such merger, the Borrowers are in compliance with clauses (a) and (b) of
this Section 5.10, (iv) any Subsidiary may sell, transfer, lease or otherwise dispose of
all or substantially all of its assets to any Borrower or to any Subsidiary Loan Party or to any
other Person pursuant to a sale or disposition permitted by Section 7.6 hereof, (v) the
Borrowers and their Subsidiaries may eliminate or discontinue business lines and segments from time
to time, and (vi) any Subsidiary (other than a Borrower) may liquidate or dissolve if the Borrowers
determine in good faith that such liquidation or dissolution is in the best interests of the
Borrowers and is not materially disadvantageous to the Lenders; provided, that any such
merger involving a Person that is not a wholly-owned Subsidiary immediately prior to such merger
shall not be permitted unless also permitted by Section 7.4.

          (b) The Borrowers will not, and will not permit any Subsidiary to, engage in any business
other than businesses of the type conducted by the Borrowers and their Subsidiaries on the date
hereof and businesses reasonably related or complementary thereto.

          Section 7.4. Investments, Loans, Etc. The Borrowers will not, and will not permit any
of their Subsidiaries to, purchase, hold or acquire (including pursuant to any merger with any
Person that was not a wholly-owned Subsidiary prior to such merger), any common stock, evidence of
indebtedness or other securities (including any option, warrant, or other right to acquire any of
the foregoing) of, make or permit to exist any loans or advances to, Guarantee any obligations of,
or make or permit to exist any investment or any other interest in, any other Person (all of the
foregoing being collectively called “Investments”), or purchase or otherwise acquire (in one
transaction or a series of transactions) any assets of any other Person that constitute a business
unit, or create or form any Subsidiary, except:

          (a) Investments (other than Permitted Investments) existing on the date hereof and set forth
on Schedule 7.4 (including Investments in Subsidiaries);

55

 

          (b) Permitted Investments;

          (c) Accounts receivable of any Borrower or any Subsidiary arising from advances made by them
in the ordinary course of business;

          (d) cash deposits made in the ordinary course of business pursuant to the requirements of
government agencies or public utilities;

          (e) advances resulting in the ordinary course of business from overdrafts in connection with
the ACH Programs and other similar programs and arrangements for the provision of ACH Services with
parties other than Lenders and in connection with the ARC Transmission Agreement;

          (f) Guarantees of Indebtedness of Subsidiaries permitted by Section 7.1 and Guarantees
of Indebtedness of any Borrower to the extent the underlying Indebtedness is not otherwise
prohibited hereunder;

          (g) Guarantees of obligations that do not constitute Indebtedness, to the extent guaranteed in
the ordinary course of business or otherwise consistent with past practices;

          (h) Investments made by any Borrower or any Subsidiary to or in any other Borrower or
Subsidiary;

          (i) non-cash consideration received in connection with any sale or disposition of assets
permitted by Section 7.6;

          (j) Investments, obtained in respect of any settlement of accounts receivables or other claims
owing to any Borrower or any Subsidiary in the ordinary course of business;

          (k) loans or advances to employees, officers or directors of any Borrower or any Subsidiary in
the ordinary course of business for travel, relocation and related expenses; provided,
however, that the aggregate amount of all such loans and advances does not exceed
$2,500,000 at any time;

          (l) Hedging Obligations permitted by Section 7.9;

          (m) Permitted Acquisitions; and

          (n) Other Investments which in the aggregate do not exceed $50,000,000 at any time
outstanding.

          Section 7.5. Restricted Payments. The Borrowers will not, and will not permit any
Subsidiary to, declare or make, or agree to pay or make, directly or indirectly, (a) any dividend
on any class of its stock, or make any payment on account of, or set apart assets for a sinking or
other analogous fund for, the purchase, redemption, retirement, defeasance or other acquisition of,
any shares of common stock or (b) make any prepayment on account of Indebtedness subordinated to
the Obligations or Guarantees thereof or (c) make any payment on account of any options, warrants,
or other rights to purchase such common stock, whether now or

56

 

hereafter outstanding (each, a
“Restricted Payment”), except for (i) dividends payable by the Parent solely in shares of any
class of its common stock, (ii) Restricted Payments made by any Borrower or Subsidiary to any other
wholly owned Subsidiary or a Borrower or, in the case of any cash dividend on any class of stock of
a Subsidiary, any other Person, so long as such dividend is paid pro rata to all holders of such
Subsidiary’s Capital Stock, (iii) Restricted Payments made in connection with prepayments of
Indebtedness subordinated to the obligations to the extent permitted pursuant to the subordination
provisions related thereto and no Default or Event of Default exists or would result therefrom, and
(iv) so long as no Event of Default has occurred and is continuing, other Restricted Payment in an
amount not to exceed the amounts and for the periods set forth below:

	 	 	 	 	 
	Fiscal Year	 	Maximum Restricted Payments
	2006
	 	$	70,000,000	 
	2007
	 	$	75,000,000	 
	2008
	 	$	80,000,000	 
	2009
	 	$	85,000,000	 
	2010
	 	$	90,000,000	 

; provided, however, that any amounts not used in any Fiscal Year in an amount not to exceed
$30,000,000 may be carried forward to the next succeeding Fiscal Year.

          Section 7.6. Sale of Assets. The Borrowers will not, and will not permit any
Subsidiary to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets,
business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary,
issue or sell any shares of such Subsidiary’s common stock to any Person other than to any Borrower
or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except (a) the
sale or other disposition for fair market value of obsolete or worn out property or other property
not necessary for operations disposed of in the ordinary course of business; (b) the sale of
inventory and Permitted Investments in the ordinary course of business; (c) the sale of assets in
any Fiscal Year in amount not to exceed 10% of the book value of the total assets of the Borrowers
and their Subsidiaries determined as of the last day of the prior Fiscal Year on a consolidated
basis in accordance with GAAP; and (d) the Borrowers and their Subsidiaries may eliminate or
discontinue business lines and segments from time to time so long as no Default of Event of Default
exists or would be caused by such elimination or discontinuation.

          Section 7.7. Transactions with Affiliates. The Borrowers will not, and will not
permit any Subsidiary to, sell, lease or otherwise transfer any property or assets to, or purchase,
lease or otherwise acquire any property or assets from, or otherwise engage in any other
transactions with, any of its Affiliates, except (a) in the ordinary course of business at prices
and on terms and conditions not less favorable to such Borrower or such Subsidiary than could be
obtained on an arm’s-length basis from unrelated third parties, (b) transactions between or among
Loan Parties not involving any other Affiliates, (c) any Restricted Payment permitted by
Section 7.5, (d) transactions with Affiliates described on Schedule 7.7 and (e)
transactions or arrangements in the nature of compensation of officers, directors or employees
approved by the Board of Directors in good faith.

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          Section 7.8. Restrictive Agreements. The Borrowers will not, and will not permit any
Subsidiary (and, for purposes of this Section 7.8, Services and Checkfree Investments shall
not constitute “Subsidiaries”) to, directly or indirectly, enter into, incur or permit to exist any
agreement that prohibits, restricts or imposes any condition upon (a) the ability of any Borrower
or any Subsidiary to create, incur or permit any Lien upon any of its assets or properties, whether
now owned or hereafter acquired unless such agreement does not restrict the ability of the
Borrowers and the Subsidiaries to secure this Agreement, or (b) the ability of any Subsidiary to
pay dividends or other distributions with respect to its common stock, to make or repay loans or
advances to any Borrower or any other Subsidiary, to Guarantee Indebtedness of any Borrower or any
other Subsidiary unless such agreement does not restrict the ability of the Borrowers and the
Subsidiaries to make payments under this Agreement or to transfer any of its property or assets to
any Borrower or any
Subsidiary of any Borrower; provided, that (i) the foregoing shall not apply to
restrictions or conditions imposed by law or by this Agreement, any other Loan Document, any ACH
Program Document, the ARC Transmission Agreement, any organizational documents or contracts or
agreements relating to SPVs or by which they are bound or any agreement set forth on Schedule
7.8, (ii) the foregoing shall not apply to conditions imposed by Hedge Agreements with Lenders
limiting creation, incurrence or permitting Liens unless the obligations under such Hedge Agreement
are secured pari passu, (iii) the foregoing shall not apply to customary restrictions and
conditions contained in agreements relating to the sale of a Subsidiary pending such sale, provided
such restrictions and conditions apply only to the Subsidiary that is sold and such sale is
permitted hereunder, (iv) clause (a) and (b) shall not apply to restrictions or conditions imposed
by any agreement relating to Indebtedness permitted by this Agreement and (v) clause (a) shall not
apply to customary provisions in leases restricting the assignment thereof.

          Section 7.9. Hedging Transactions. The Borrowers will not, and will not permit any
Subsidiary to, enter into any Hedging Transaction, other than Hedging Transactions entered into in
the ordinary course of business to hedge or mitigate risks to which any Borrower or any Subsidiary
is exposed in the conduct of its business or the management of its liabilities. Solely for the
avoidance of doubt, each Borrower acknowledges that a Hedging Transaction entered into for
speculative purposes or of a speculative nature (which shall be deemed to include any Hedging
Transaction under which any Borrower or any of the Subsidiaries is or may become obliged to make
any payment (i) in connection with the purchase by any third party of any common stock or any
Indebtedness or (ii) as a result of changes in the market value of any common stock or any
Indebtedness unless, in either case, such Hedging Transaction relates to a Permitted Acquisition or
the redemption or repurchase of Capital Stock of the Parent) is not a Hedging Transaction entered
into in the ordinary course of business to hedge or mitigate risks.

          Section 7.10. Amendment to Material Documents. The Borrowers will not, and will not
permit any Subsidiary (other than an SPV) to, amend, modify or waive any of its rights in a manner
materially adverse to the Lenders under its certificate of incorporation, bylaws or other
organizational documents.

          Section 7.11. Accounting Changes. The Borrowers will not, and will not permit any
Subsidiary to, make any significant change in accounting treatment or reporting practices that are
adverse to the Lenders, except as required by GAAP or as recommended by the

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independent auditors of
the Parent, or change the fiscal year of the Parent or of any Subsidiary, except to change the
fiscal year of a Subsidiary to conform its fiscal year to that of the Parent.

ARTICLE VIII

EVENTS OF DEFAULT

          Section 8.1. Events of Default. If any of the following events (each an “Event of
Default”) shall occur:

          (a) any Borrower shall fail to pay any principal of any Loan or of any reimbursement
obligation in respect of any LC Disbursement when and as the same shall become due and payable,
whether at the due date thereof or at a date fixed for prepayment or otherwise; or

          (b) any Borrower shall fail to pay any interest on any Loan or any fee or any other amount
(other than an amount payable under clause (a) of this Section 8.1) payable under this
Agreement or any other Loan Document, when and as the same shall become due and payable, and such
failure shall continue unremedied for a period of three (3) Business Days; or

          (c) any representation or warranty made or deemed made by or on behalf of any Borrower or any
Subsidiary in or in connection with this Agreement or any other Loan Document (including the
Schedules attached thereto) and any amendments or modifications hereof or waivers hereunder, or in
any certificate, report, financial statement or other document submitted to the Administrative
Agent or the Lenders by any Loan Party or any representative of any Loan Party pursuant to or in
connection with this Agreement or any other Loan Document shall prove to be incorrect in any
material respect when made or deemed made or submitted; or

          (d) any Borrower shall fail to observe or perform any covenant or agreement contained in
Sections 5.1, 5.2, 5.3 (with respect to any Borrower’s existence) or Articles VI or
VII; or

          (e) any Loan Party shall fail to observe or perform any covenant or agreement contained in
this Agreement (other than those referred to in clauses (a), (b) and (d) above), and such failure
shall remain unremedied for 30 days after the earlier of (i) any executive officer of any Borrower
becomes aware of such failure, or (ii) notice thereof shall have been given to the Parent by the
Administrative Agent or any Lender; or

          (f) the occurrence of a “Level IV Default” under the ACH Master Agreement #1; or

          (g) any Borrower or any Subsidiary (whether as primary obligor or as guarantor or other
surety) shall fail to pay any principal of or premium or interest on any Material Indebtedness that
is outstanding, when and as the same shall become due and payable (whether at scheduled maturity,
required prepayment, acceleration, demand or otherwise), and such failure shall continue after the
applicable grace period, if any, specified in the agreement or instrument evidencing such Material
Indebtedness; or any other event shall occur or condition shall exist under any agreement or
instrument relating to such Material Indebtedness and shall

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continue after the applicable grace
period, if any, specified in such agreement or instrument, if
the effect of such event or condition is to accelerate, or permit the acceleration of, the
maturity of such Material Indebtedness; or any such Material Indebtedness shall be declared to be
due and payable; or required to be prepaid or redeemed (other than by a regularly scheduled
required prepayment or redemption), purchased or defeased, or any offer to prepay, redeem, purchase
or defease such Indebtedness shall be required to be made, in each case prior to the stated
maturity thereof; or

          (h) any Borrower or any Material Subsidiary shall (i) commence a voluntary case or other
proceeding or file any petition seeking liquidation, reorganization or other relief under any
federal, state or foreign bankruptcy, insolvency or other similar law now or hereafter in effect
or seeking the appointment of a custodian, trustee, receiver, liquidator or other similar official
of it or any substantial part of its property, (ii) consent to the institution of, or fail to
contest in a timely and appropriate manner, any proceeding or petition described in clause (i) of
this Section, (iii) apply for or consent to the appointment of a custodian, trustee, receiver,
liquidator or other similar official for any such Borrower or any such Subsidiary or for a
substantial part of its assets, (iv) file an answer admitting the material allegations of a
petition filed against it in any such proceeding, (v) make a general assignment for the benefit of
creditors, or (vi) take any action for the purpose of effecting any of the foregoing; or

          (i) an involuntary proceeding shall be commenced or an involuntary petition shall be filed
seeking (i) liquidation, reorganization or other relief in respect of any Borrower or any Material
Subsidiary or its debts, or any substantial part of its assets, under any federal, state or
foreign bankruptcy, insolvency or other similar law now or hereafter in effect or (ii) the
appointment of a custodian, trustee, receiver, liquidator or other similar official for any
Borrower or any Material Subsidiary or for a substantial part of its assets, and in any such case,
such proceeding or petition shall remain undismissed for a period of 60 days or an order or decree
approving or ordering any of the foregoing shall be entered; or

          (j) any Borrower or any Material Subsidiary shall become unable to pay, shall admit in writing
its inability to pay, or shall fail to pay, its debts as they become due; or

          (k) an ERISA Event shall have occurred that, in the opinion of the Required Lenders, when
taken together with other ERISA Events that have occurred, could reasonably be expected to result
in liability to the Borrowers and the Subsidiaries in an aggregate amount exceeding $25,000,000; or

          (l) any judgment or order for the payment of money in excess of $25,000,000 in the aggregate
(that remains unpaid or is not fully covered by insurance (subject to customary deductibles) by a
reputable insurance company as to which the relevant insurance company has acknowledged coverage in
writing) shall be rendered against any Borrower or any Subsidiary, and either (i) enforcement
proceedings shall have been commenced by any creditor upon such judgment or order or (ii) there
shall be a period of 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

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          (m) any non-monetary judgment or order shall be rendered against any Borrower or any
Subsidiary that could reasonably be expected to have a Material Adverse Effect,
and there shall be a period of 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

          (n) a Change in Control shall occur or exist; or

          (o) an Event of Default under any other Loan Document shall occur (and any applicable cure
period has expired); or

          (p) any material provision of any Subsidiary Guaranty Agreement shall for any reason cease to
be valid and binding on, or enforceable against, any Subsidiary Loan Party, or any Subsidiary Loan
Party shall so state in writing, or any Subsidiary Loan Party shall seek to terminate its
Subsidiary Guaranty Agreement except in connection with any permitted disposition of a Guarantor;

then, and in every such event (other than an event with respect to any Borrower described in clause
(h) or (i) of this Section) and at any time thereafter during the continuance of such event, the
Administrative Agent may, and upon the written request of the Required Lenders shall, by notice to
the Parent, take any or all of the following actions, at the same or different times: (i)
terminate the Commitments, whereupon the Commitment of each Lender shall terminate immediately;
(ii) declare the principal of and any accrued interest on the Loans, and all other Obligations
owing hereunder, to be, whereupon the same shall become due and payable immediately, without
presentment, demand, protest or other notice of any kind, all of which are hereby waived by each
Borrower, (iii) exercise all remedies contained in any other Loan Document and (iv) exercise any
other remedies available at law or in equity; and that, if an Event of Default specified in either
clause (h) or (i) shall occur, the Commitments shall automatically terminate and the principal of
the Loans then outstanding, together with accrued interest thereon, and all fees, and all other
Obligations shall automatically become due and payable, without presentment, demand, protest or
other notice of any kind, all of which are hereby waived by each Borrower.

ARTICLE IX

THE ADMINISTRATIVE AGENT

          Section 9.1. Appointment of Administrative Agent. (a) Each Lender irrevocably
appoints SunTrust Bank as the Administrative Agent and authorizes it to take such actions on its
behalf and to exercise such powers as are delegated to the Administrative Agent under this
Agreement and the other Loan Documents, together with all such actions and powers that are
reasonably incidental thereto. The Administrative Agent may perform any of its duties hereunder or
under the other Loan Documents by or through any one or more sub-agents or attorneys-in-fact
appointed by the Administrative Agent. The Administrative Agent and any such sub-agent or
attorney-in-fact may perform any and all of its duties and exercise its rights and powers through
their respective Related Parties. The exculpatory provisions set forth in this Article shall apply
to any such sub-agent or attorney-in-fact and the Related Parties of the Administrative Agent,
any such sub-agent and any such attorney-in-fact and shall apply to their

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respective
activities in connection with the syndication of the credit facilities provided for herein as well
as activities as Administrative Agent.

          (b) The Issuing Bank 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 Required Lenders to act for the Issuing Bank
with respect thereto; provided, that the Issuing Bank shall have all the benefits and immunities
(i) provided to the Administrative Agent in this Article IX with respect to any acts taken or
omissions suffered by the Issuing Bank 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 IX
included the Issuing Bank with respect to such acts or omissions and (ii) as additionally provided
in this Agreement with respect to the Issuing Bank.

          Section 9.2. Nature of Duties of Administrative Agent. The Administrative Agent shall
not have any duties or obligations except those expressly set forth in this Agreement and the other
Loan Documents. Without limiting the generality of the foregoing, (a) the Administrative Agent
shall not be subject to any fiduciary or other implied duties, regardless of whether a Default or
an Event of Default has occurred and is continuing, (b) the Administrative Agent shall not have any
duty to take any discretionary action or exercise any discretionary powers, except those
discretionary rights and powers expressly contemplated by the Loan Documents that the
Administrative Agent is required to exercise in writing by the Required Lenders (or such other
number or percentage of the Lenders as shall be necessary under the circumstances as provided in
Section 10.2), and (c) except as expressly set forth in the Loan Documents, the
Administrative Agent shall not have any duty to disclose, and shall not be liable for the failure
to disclose, any information relating to any Borrower or any of its Subsidiaries that is
communicated to or obtained by the Administrative Agent or any of its Affiliates in any capacity.
The Administrative Agent shall not be liable for any action taken or not taken by it, its
sub-agents or attorneys-in-fact with the consent or at the request of the Required Lenders (or such
other number or percentage of the Lenders as shall be necessary under the circumstances as provided
in Section 10.2) or in the absence of its own gross negligence or willful misconduct. The
Administrative Agent shall not be responsible for the negligence or misconduct of any sub-agents or
attorneys-in-fact selected by it with reasonable care. The Administrative Agent shall not be
deemed to have knowledge of any Default or Event of Default unless and until written notice thereof
(which notice shall include an express reference to such event being a “Default” or “Event of
Default” hereunder) is given to the Administrative Agent by the Parent or any Lender, and the
Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i)
any statement, warranty or representation made in or in connection with any Loan Document, (ii) the
contents of any certificate, report or other document delivered hereunder or thereunder or in
connection herewith or therewith, (iii) the performance or observance of any of the covenants,
agreements, or other terms and conditions set forth in any Loan Document, (iv) the validity,
enforceability, effectiveness or genuineness of any Loan Document or any other agreement,
instrument or document, or (v) the satisfaction of any condition set forth in Article III or
elsewhere in any Loan Document, other than to confirm receipt of items expressly required to be
delivered to the
Administrative Agent. The Administrative Agent may consult with legal counsel (including
counsel for the Parent) concerning all matters pertaining to such duties.

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          Section 9.3. Lack of Reliance on the Administrative Agent. Each of the Lenders, the
Swingline Lender and the Issuing Bank acknowledges that it has, independently and without reliance
upon the Administrative Agent or any other Lender and based on such documents and information as it
has deemed appropriate, made its own credit analysis and decision to enter into this Agreement.
Each of the Lenders, the Swingline Lender and the Issuing Bank also acknowledges that it will,
independently and without reliance upon the Administrative Agent or any other Lender and based on
such documents and information as it has deemed appropriate, continue to make its own decisions in
taking or not taking of any action under or based on this Agreement, any related agreement or any
document furnished hereunder or thereunder.

          Section 9.4. Certain Rights of the Administrative Agent. If the Administrative Agent
shall request instructions from the Required Lenders with respect to any action or actions
(including the failure to act) in connection with this Agreement, the Administrative Agent shall be
entitled to refrain from such act or taking such act, unless and until it shall have received
instructions from such Lenders; and the Administrative Agent shall not incur liability to any
Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right
of action whatsoever against the Administrative Agent as a result of the Administrative Agent
acting or refraining from acting hereunder in accordance with the instructions of the Required
Lenders where required by the terms of this Agreement. The Administrative Agent shall not be
obligated to notify or obtain the consent of the Lenders in connection with any release or
discharge of any Subsidiary Guarantor authorized or permitted under Section 5.10(d)
hereunder.

          Section 9.5. Reliance by Administrative Agent. The Administrative Agent shall be
entitled to rely upon, and shall not incur any liability for relying upon, any notice, request,
certificate, consent, statement, instrument, document or other writing believed by it to be genuine
and to have been signed, sent or made by the proper Person. The Administrative Agent may also rely
upon any statement made to it orally or by telephone and believed by it to be made by the proper
Person and shall not incur any liability for relying thereon. The Administrative Agent may consult
with legal counsel (including counsel for the Parent), independent public accountants and other
experts selected by it and shall not be liable for any action taken or not taken by it in
accordance with the advice of such counsel, accountants or experts.

          Section 9.6. The Administrative Agent in its Individual Capacity. The bank serving as
the Administrative Agent shall have the same rights and powers under this Agreement and any other
Loan Document in its capacity as a Lender as any other Lender and may exercise or refrain from
exercising the same as though it were not the Administrative Agent; and the terms “Lenders”,
“Required Lenders”, “holders of Notes”, or any similar terms shall, unless the context clearly
otherwise indicates, include the Administrative Agent in its individual capacity. The bank acting
as the Administrative Agent and its Affiliates may accept deposits from, lend money to, and
generally engage in any kind of business with any Borrower or any Subsidiary or Affiliate of
any Borrower as if it were not the Administrative Agent hereunder.

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          Section 9.7. Successor Administrative Agent.

          (a) The Administrative Agent may resign at any time by giving notice thereof to the Lenders
and the Parent. Upon any such resignation, the Required Lenders shall have the right to appoint a
successor Administrative Agent, subject to the approval by the Parent provided that no Default or
Event of Default shall exist at such time. If no successor Administrative Agent shall have been so
appointed, and shall have accepted such appointment within 30 days after the retiring
Administrative Agent gives notice of resignation, then the retiring Administrative Agent may, on
behalf of the Lenders and the Issuing Bank, appoint a successor Administrative Agent, which shall
be a commercial bank organized under the laws of the United States of America or any state thereof
or a bank which maintains an office in the United States, having a combined capital and surplus of
at least $500,000,000.

          (b) Upon the acceptance of its appointment as the Administrative Agent hereunder by a
successor, such successor Administrative Agent shall thereupon succeed to and become vested with
all the rights, powers, privileges and duties of the retiring Administrative Agent, and the
retiring Administrative Agent shall be discharged from its duties and obligations under this
Agreement and the other Loan Documents. If within 45 days after written notice is given of the
retiring Administrative Agent’s resignation under this Section 9.7 no successor
Administrative Agent shall have been appointed and shall have accepted such appointment, then on
such 45th day (i) the retiring Administrative Agent’s resignation shall become
effective, (ii) the retiring Administrative Agent shall thereupon be discharged from its duties and
obligations under the Loan Documents and (iii) the Required Lenders shall thereafter perform all
duties of the retiring Administrative Agent under the Loan Documents until such time as the
Required Lenders appoint a successor Administrative Agent as provided above. After any retiring
Administrative Agent’s resignation hereunder, the provisions of this Article IX shall continue in
effect for the benefit of such retiring Administrative Agent and its representatives and agents in
respect of any actions taken or not taken by any of them while it was serving as the Administrative
Agent.

          Section 9.8. Authorization to Execute other Loan Documents. Each Lender hereby
authorizes the Administrative Agent to execute on behalf of all Lenders all Loan Documents other
than this Agreement.

          Section 9.9. Syndication Agents; Documentation Agents. Each Lender hereby appoints
Bank of America, N.A. as Syndication Agent and each of KeyBank National Association, US Bank,
National Association and Mizuho Corporate Bank, Ltd. as a Documentation Agent, and hereby
acknowledges and agrees that the Syndication Agent and Documentation Agents shall have no duties or
responsibilities hereunder in its capacity as such.

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ARTICLE X

MISCELLANEOUS

          Section 10.1. Notices.

          (a) Except in the case of notices and other communications expressly permitted to be given by
telephone, all notices and other communications to any party herein to be effective shall be in
writing and shall be delivered by hand or overnight courier service, mailed by certified or
registered mail or sent by telecopy, as follows:

	 	 	 	 	 
	 

	 	To the Borrowers:
	 	CheckFree Corporation
	 

	 	 	 	4411 East Jones Bridge Road
	 

	 	 	 	Norcross, Georgia 30093
	 

	 	 	 	Attention: Treasurer
	 

	 	 	 	Telecopy Number: (678) 375-2627
	 
	 	 	 	 
	 

	 	With a copy to:
	 	CheckFree Corporation
	 

	 	 	 	4411 E. Jones Bridge Rd
	 

	 	 	 	Norcross, GA 30092
	 

	 	 	 	Attention: General Counsel
	 

	 	 	 	Fax: (678) 375-3235
	 
	 	 	 	 
	 

	 	To the Administrative Agent:
	 	SunTrust Bank
	 

	 	 	 	303 Peachtree Street, N. E., 3rd Floor
	 

	 	 	 	Atlanta, Georgia 30308
	 

	 	 	 	Attention: Brian Peters, Managing Director
	 

	 	 	 	Telecopy Number: (404) 827-6118
	 
	 	 	 	 
	 

	 	With a copy to:
	 	SunTrust Bank Agency Services
	 

	 	 	 	303 Peachtree Street, N. E./ 25th Floor
	 

	 	 	 	Atlanta, Georgia 30308
	 

	 	 	 	Attention: Doris Folsom
	 

	 	 	 	Telecopy Number: (404) 658-4906
	 
	 	 	 	 
	 

	 	 	 	and
	 
	 	 	 	 
	 

	 	 	 	King & Spalding LLP
	 

	 	 	 	1180 Peachtree St., NE
	 

	 	 	 	Atlanta, GA 30309
	 

	 	 	 	Attention: Carolyn Z. Alford
	 

	 	 	 	Telecopy Number: (404) 572-5100
	 
	 	 	 	 
	 

	 	To the Issuing Bank:
	 	SunTrust Bank
	 

	 	 	 	25 Park Place, N. E./Mail Code 3706

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	 	 	 	Atlanta, Georgia 30303
	 

	 	 	 	Attention: Jon Conley
	 

	 	 	 	Telecopy Number: (404) 588-8129
	 
	 	 	 	 
	 

	 	To the Swingline Lender:
	 	SunTrust Bank
	 

	 	 	 	Agency Services
	 

	 	 	 	303 Peachtree Street, N.E./25th Floor
	 

	 	 	 	Atlanta, Georgia 30308
	 

	 	 	 	Attention: Ms. Dorris Folsom
	 

	 	 	 	Telecopy Number: (404) 658-4906
	 
	 	 	 	 
	 

	 	To any other Lender:
	 	the address set forth in the Administrative Questionnaire

Any party hereto may change its address or telecopy number for notices and other communications
hereunder by notice to the other parties hereto. All such notices and other 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 mail or if delivered, upon
delivery; provided, that notices delivered to the Administrative Agent, the Issuing Bank or the
Swingline Bank shall not be effective until actually received by such Person at its address
specified in this Section 10.1.

          (b) 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 the Parent.
The Administrative Agent and the Lenders shall be entitled to rely on the authority of any Person
purporting to be a Person authorized by the Parent to give such notice and the Administrative Agent
and Lenders shall not have any liability to any Borrower 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 each Borrower to repay the Loans and all other Obligations
hereunder shall not be affected in any way or to any extent by any failure of the Administrative
Agent and the Lenders 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 any such telephonic
or facsimile notice.

     Section 10.2. Waiver; Amendments.

          (a) No failure or delay by the Administrative Agent, the Issuing Bank or any Lender in
exercising any right or power hereunder or any other Loan Document, and no course of dealing
between any Borrower and the Administrative Agent or any Lender, shall operate as a waiver thereof,
nor shall any single or partial exercise of any such right or power or any abandonment or
discontinuance of steps to enforce such right or power, preclude any other or further exercise
thereof or the exercise of any other right or power hereunder or thereunder. The
rights and remedies of the Administrative Agent, the Issuing Bank and the Lenders hereunder
and under the other Loan Documents are cumulative and are not exclusive of any rights or remedies
provided by law. No waiver of any provision of this Agreement or any other Loan

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Document or consent
to any departure by any Borrower therefrom shall in any event be effective unless the same shall be
permitted by paragraph (b) of this Section, and then such waiver or consent shall be effective only
in the specific instance and for the purpose for which given. Without limiting the generality of
the foregoing, the making of a Loan or the issuance of a Letter of Credit shall not be construed as
a waiver of any Default or Event of Default, regardless of whether the Administrative Agent, any
Lender or the Issuing Bank may have had notice or knowledge of such Default or Event of Default at
the time.

          (b) No amendment or waiver of any provision of this Agreement or the other Loan Documents, nor
consent to any departure by any Borrower therefrom, shall in any event be effective unless the same
shall be in writing and signed by each Borrower and the Required Lenders or each Borrower and the
Administrative Agent with the consent of the Required Lenders and then such waiver or consent shall
be effective only in the specific instance and for the specific purpose for which given;
provided, that no amendment or waiver shall: (i) increase the Commitment of any Lender
without the written consent of such Lender, (ii) reduce the principal amount of any Loan or LC
Disbursement or reduce the rate of interest thereon, or reduce any fees payable hereunder, without
the written consent of each Lender affected thereby, (iii) postpone the date fixed for any payment
of any principal of, or interest on, any Loan or LC Disbursement or interest thereon or any fees
hereunder or reduce the amount of, waive or excuse any such payment, or postpone the scheduled date
for the termination or reduction of any Commitment, without the written consent of each Lender
affected thereby, (iv) change Section 2.20 (b) or (c) in a manner that would alter the pro
rata sharing of payments required thereby, without the written consent of each Lender, (v) change
any of the provisions of this Section or the definition of “Required Lenders” or any other
provision hereof specifying the number or percentage of Lenders which are required to waive, amend
or modify any rights hereunder or make any determination or grant any consent hereunder, without
the consent of each Lender; (vi) except as provided in Section 5.10(d), release any
guarantor or limit the liability of any such guarantor under any guaranty agreement, without the
written consent of each Lender; or (vii) release all or substantially all collateral (if any)
securing any of the Obligations or agree to subordinate any Lien in such collateral to any other
creditor of any Borrower or any Subsidiary, without the written consent of each Lender;
provided further, that no such agreement shall amend, modify or otherwise affect
the rights, duties or obligations of the Administrative Agent, the Swingline Bank or the Issuing
Bank without the prior written consent of such Person. Notwithstanding the foregoing, any
provision of this Agreement may be amended by an agreement in writing entered into by each
Borrower, the Required Lenders and the Administrative Agent (and, if their rights, duties or
obligations are affected thereby, the Issuing Bank and the Swingline Lender) if (i) by the terms of
such agreement the Commitment of each Lender not consenting to the amendment provided for therein
shall terminate (but such Lender shall continue to be entitled to the benefits of Sections
2.17, 2.18, and 2.19 and 10.3) upon the effectiveness of such amendment
and (ii) at the time such amendment becomes effective, each Lender not consenting thereto receives
payment in full principal of and interest accrued on each Loan made by it and all other amounts
owing to it or accrued for its account under this Agreement and is released from its obligations
hereunder.

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          Section 10.3. Expenses; Indemnification.

          (a) Each Borrower shall jointly and severally pay (i) all reasonable, out-of-pocket costs and
expenses of the Administrative Agent and its Affiliates, including the reasonable fees, charges and
disbursements of outside counsel for the Administrative Agent and its Affiliates, in connection
with the syndication of the credit facilities provided for herein, the preparation and
administration of the Loan Documents and any amendments, modifications or waivers thereof (whether
or not the transactions contemplated in this Agreement or any other Loan Document shall be
consummated), (ii) all reasonable out-of-pocket expenses incurred by the Issuing Bank in connection
with the issuance, amendment, renewal or extension of any Letter of Credit or any demand for
payment thereunder and (iii) all out-of-pocket costs and expenses (including, without limitation,
the reasonable fees, charges and disbursements of outside counsel) incurred by the Administrative
Agent, the Issuing Bank or any Lender in connection with the enforcement or protection of its
rights in connection with this Agreement or any other Loan Document, including its rights under
this Section, or in connection with the Loans made or any Letters of Credit issued hereunder.

          (b) Each Borrower shall indemnify the Administrative Agent (and any sub-agent thereof), each
Lender and the Issuing Bank, and each Related Party of any of the foregoing Persons (each such
Person being called an “Indemnitee”) against, and hold each Indemnitee harmless from, any
and all losses, claims, damages, liabilities and related expenses (including the fees, charges and
disbursements of any counsel for any Indemnitee), and shall indemnify and hold harmless each
Indemnitee from all fees, time charges and disbursements for attorneys who may be employees of any
Indemnitee, incurred by any Indemnitee or asserted against any Indemnitee by any third party, any
Borrower or any other Loan Party arising out of, in connection with, or as a result of (i) the
execution or delivery of this Agreement, any other Loan Document or any agreement or instrument
contemplated hereby or thereby, the performance by the parties hereto of their respective
obligations hereunder or thereunder or the consummation of the transactions contemplated hereby or
thereby, (ii) any Loan or Letter of Credit or the use or proposed use of the proceeds therefrom
(including any refusal by the Issuing Bank to honor a demand for payment under a Letter of Credit
if the documents presented in connection with such demand do not strictly comply with the terms of
such Letter of Credit), (iii) any actual or alleged presence or Release of Hazardous Materials on
or from any property owned or operated by any Borrower or any of its Subsidiaries, or any
Environmental Liability related in any way to any Borrower or any of its Subsidiaries, or (iv) any
actual or prospective claim, litigation, investigation or proceeding relating to any of the
foregoing, whether based on contract, tort or any other theory, whether brought by any third party,
any Borrower or any other Loan Party, and regardless of whether any Indemnitee is a party thereto,
provided that such indemnity shall not, as to any Indemnitee, be available to the extent
that such losses, claims, damages, liabilities or related expenses (x) are determined by a court of
competent jurisdiction by final and nonappealable judgment to have resulted from the gross
negligence or willful misconduct of such Indemnitee or (y) result from a claim brought by any
Borrower or any other Loan Party against an Indemnitee for breach in bad faith of such Indemnitee’s
obligations hereunder or under any other Loan Document, if any Borrower or such Loan Party has
obtained a final and nonappealable judgment in its favor on such claim as determined by a court of
competent jurisdiction. Notwithstanding anything contained herein to the contrary, in the case of

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reimbursement of counsel for Lenders other than the Administrative Agent, such reimbursement
shall be limited to one counsel for all such Lenders.

          (c) If any Borrower is required to indemnify an Indemnified Party pursuant hereto and has
provided evidence reasonably satisfactory to such Indemnified Party that such Borrower has the
financial wherewithal to reimburse such Indemnified Party for any amount paid by such Indemnified
Party with respect to such indemnified proceeding, such Indemnified Party shall not settle or
compromise any such indemnified proceeding without the prior written consent of such Borrower
(which consent shall not be unreasonably withheld or delayed).

          (d) Each Borrower shall pay, and hold the Administrative Agent and each of the Lenders
harmless from and against, any and all present and future stamp, documentary, and other similar
taxes with respect to this Agreement and any other Loan Documents, any collateral described
therein, or any payments due thereunder, and save the Administrative Agent and each Lender harmless
from and against any and all liabilities with respect to or resulting from any delay or omission to
pay such taxes.

          (e) To the extent that the Borrowers fail to pay any amount required to be paid to the
Administrative Agent, the Issuing Bank or the Swingline Lender under clauses (a), (b) or (c)
hereof, each Lender severally agrees to pay to the Administrative Agent, the Issuing Bank or the
Swingline Lender, as the case may be, such Lender’s Pro Rata Share (determined as of the time that
the unreimbursed expense or indemnity payment is sought) of such unpaid amount; provided,
that the unreimbursed expense or indemnified payment, claim, damage, liability or related expense,
as the case may be, was incurred by or asserted against the Administrative Agent, the Issuing Bank
or the Swingline Lender in its capacity as such.

          (f) To the extent permitted by applicable law, no Borrower shall assert, and each Borrower
hereby waives, any claim against any Indemnitee, on any theory of liability, for special, indirect,
consequential or punitive damages (as opposed to actual or direct damages) arising out of, in
connection with or as a result of, this Agreement or any agreement or instrument contemplated
hereby, the transactions contemplated therein, any Loan or any Letter of Credit or the use of
proceeds thereof.

          (g) All amounts due under this Section shall be payable promptly after written demand
therefor.

          Section 10.4. Successors and Assigns.

          (a) The provisions of this Agreement shall be binding upon and inure to the benefit of the
parties hereto and their respective successors and assigns permitted hereby, except that no
Borrower may assign or otherwise transfer any of its rights or obligations hereunder without the
prior written consent of each Lender (and any attempted assignment or transfer by any Borrower
without such consent shall be null and void). Nothing in this Agreement, expressed or implied,
shall be construed to confer upon any Person (other than the parties hereto, their respective
successors and assigns permitted hereby and, to the extent expressly
contemplated hereby, the Related Parties of each of the Administrative Agent and the Lenders)
any legal or equitable right, remedy or claim under or by reason of this Agreement.

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          (b) Any Lender may assign to one or more Eligible Assignees all or a portion of its rights and
obligations under this Agreement (including all or a portion of its Commitment and the Loans at the
time owing to it); provided that (i) except in the case of an assignment of the entire
remaining amount of the assigning Lender’s Commitment and the Loans at the time owing to it or in
the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund with respect to
a Lender, the aggregate amount of the Commitment (which for this purpose includes Loans outstanding
thereunder) of the assigning Lender subject to each such assignment (determined as of the date the
Assignment and Acceptance with respect to such assignment is delivered to the Administrative Agent)
shall not be less than $5,000,000, in the case of any assignment of a Revolving Commitment, unless
each of the Administrative Agent and, so long as no Event of Default has occurred and is
continuing, the Parent otherwise consents (each such consent not to be unreasonably withheld or
delayed), (ii) each partial assignment shall be made as an assignment of a proportionate part of
all the assigning Lender’s rights and obligations under this Agreement with respect to the Loan or
the Commitment assigned, except that this clause (ii) shall not prohibit any Lender from assigning
all or a portion of its rights and obligations among separate Commitments on a non-pro rata basis,
and (iii) the parties to each assignment shall execute and deliver to the Administrative Agent an
Assignment and Acceptance, together with a processing and recordation fee of $3,000, and the
Eligible Assignee, if it shall not be a Lender, shall deliver to the Administrative Agent an
Administrative Questionnaire. Upon (i) the execution and delivery of the Assignment and Acceptance
by the assigning Lender and assignee Lender, (ii) acceptance and recording thereof by the
Administrative Agent pursuant to paragraph (c) of this Section, (iii) consent thereof from the
Parent to the extent required pursuant to this clause (b) and (iv) if such assignee Lender is a
Foreign Lender, compliance by such Person with Section 2.19(e), from and after the
effective date specified in each Assignment and Acceptance, the Eligible Assignee thereunder shall
be a party hereto and, to the extent of the interest assigned by such Assignment and Acceptance,
have the rights and obligations of a Lender under this Agreement, and the assigning Lender
thereunder shall, to the extent of the interest assigned by such Assignment and Acceptance, be
released from its obligations under this Agreement (and, in the case of an Assignment and
Acceptance covering all of the assigning Lender’s rights and obligations under this Agreement, such
Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of
Sections 2.17, 2.18, 2.19 and 10.3. Any assignment or transfer by
a Lender of rights or obligations under this Agreement that does not comply with this paragraph
shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such
rights and obligations in accordance with paragraph (d) of this Section.

          (c) The Administrative Agent, acting solely for this purpose as an agent of the Parent, shall
maintain at one of its offices in Atlanta, Georgia a copy of each Assignment and Acceptance
delivered to it and a register for the recordation of the names and addresses of the Lenders, and
the Commitments of, and principal amount of the Loans owing to, each Lender pursuant to the terms
hereof from time to time (the “Register”). The entries in the Register shall be
conclusive, and each Borrower, the Administrative Agent and the Lenders may treat each Person whose
name is recorded in the Register pursuant to the terms hereof as a Lender hereunder for all
purposes of this Agreement, notwithstanding notice to the contrary. The
Register shall be available for inspection by any Borrower and any Lender, at any reasonable
time and from time to time upon reasonable prior notice.

70

 

          (d) Any Lender may, without the consent of, or notice to, the Borrowers, the Administrative
Agent, the Swingline Bank or the Issuing Bank sell participations to one or more banks or other
entities (a “Participant”) in all or a portion of such Lender’s rights and/or obligations
under this Agreement (including all or a portion of its Commitment and/or the Loans owing to it);
provided that (i) such Lender’s obligations under this Agreement shall remain unchanged,
(ii) such Lender shall remain solely responsible to the other parties hereto for the performance of
such obligations and (iii) each Borrower, the Administrative Agent, the Swingline Bank, the Issuing
Bank and the other Lenders shall continue to deal solely and directly with such Lender in
connection with such Lender’s rights and obligations under this Agreement. Any agreement or
instrument pursuant to which a Lender sells such a participation shall provide that such Lender
shall retain the sole right to enforce this Agreement and to approve any amendment, modification or
waiver of any provision of this Agreement; provided that such agreement or instrument may
provide that such Lender will not, without the consent of the Participant, agree to any amendment,
modification or waiver with respect to the following to the extent affecting such Participant: (i)
increase the Commitment of any Lender without the written consent of such Lender, (ii) reduce the
principal amount of any Loan or LC Disbursement or reduce the rate of interest thereon, or reduce
any fees payable hereunder, without the written consent of each Lender affected thereby, (iii)
postpone the date fixed for any payment of any principal of, or interest on, any Loan or LC
Disbursement or interest thereon or any fees hereunder or reduce the amount of, waive or excuse any
such payment, or postpone the scheduled date for the termination or reduction of any Commitment,
without the written consent of each Lender affected thereby, (iv) change Section 2.20(b)
or (c) in a manner that would alter the pro rata sharing of payments required thereby,
without the written consent of each Lender, (v) change any of the provisions of this Section or the
definition of “Required Lenders” or any other provision hereof specifying the number or percentage
of Lenders which are required to waive, amend or modify any rights hereunder or make any
determination or grant any consent hereunder, without the consent of each Lender; (vi) except as
provided in Section 5.10(d), release any guarantor or limit the liability of any such
guarantor under any guaranty agreement without the written consent of each Lender except to the
extent such release is expressly provided under the terms of the Guaranty Agreement; or (vii)
release all or substantially all collateral (if any) securing any of the Obligations. Subject to
paragraph (e) of this Section, each Borrower agrees that each Participant shall be entitled to the
benefits of Sections 2.17, 2.18, and 2.19 to the same extent as if it were
a Lender and had acquired its interest by assignment pursuant to paragraph (b) of this Section. To
the extent permitted by law, each Participant also shall be entitled to the benefits of Section
10.7 as though it were a Lender, provided such Participant agrees to be subject to Section
10.7 as though it were a Lender.

          (e) A Participant shall not be entitled to receive any greater payment under Section
2.17 and Section 2.19 than the applicable Lender would have been entitled to receive
with respect to the participation sold to such Participant, unless the sale of the participation to
such Participant is made with the Parent’s prior written consent. A Participant that would be a
Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 2.19
unless the Parent is notified of the participation sold to such Participant and such Participant
agrees, for the benefit of the Borrowers, to comply with Section 2.19(e) as though it were
a Lender.

          (f) 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

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without limitation
any pledge or assignment to secure obligations to a Federal Reserve Bank; provided that no
such pledge or assignment of a security interest shall release a Lender from any of its obligations
hereunder or substitute any such pledgee or assignee for such Lender as a party hereto.

          Section 10.5. Governing Law; Jurisdiction; Consent to Service of Process.

          (a) This Agreement and the other Loan Documents shall be construed in accordance with and be
governed by the law (without giving effect to the conflict of law principles thereof) of the State
of Georgia.

          (b) Each Borrower hereby irrevocably and unconditionally submits, for itself and its property,
to the non-exclusive jurisdiction of the United States District Court of the Northern District of
Georgia, and of any state court of the State of Georgia located in Fulton County and any appellate
court from any thereof, in any action or proceeding arising out of or relating to this Agreement or
any other Loan Document or the transactions contemplated hereby or thereby, or for recognition or
enforcement of any judgment, and each of the parties hereto hereby irrevocably and unconditionally
agrees that all claims in respect of any such action or proceeding may be heard and determined in
such Georgia state court or, to the extent permitted by applicable law, such Federal court. Each of
the parties hereto agrees that a final judgment in any such action or proceeding shall be
conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other
manner provided by law. Nothing in this Agreement or any other Loan Document shall affect any right
that the Administrative Agent, the Issuing Bank or any Lender may otherwise have to bring any
action or proceeding relating to this Agreement or any other Loan Document against any Borrower
or its properties in the courts of any jurisdiction.

          (c) Each Borrower irrevocably and unconditionally waives any objection which it may now or
hereafter have to the laying of venue of any such suit, action or proceeding described in paragraph
(b) of this Section and brought in any court referred to in paragraph (b) of this Section. Each of
the parties hereto irrevocably waives, to the fullest extent permitted by applicable law, the
defense of an inconvenient forum to the maintenance of such action or proceeding in any such court.

          (d) Each party to this Agreement irrevocably consents to the service of process in the manner
provided for notices in Section 10.1. Nothing in this Agreement or in any other Loan
Document will affect the right of any party hereto to serve process in any other manner permitted
by law.

          Section 10.6. WAIVER OF JURY TRIAL. EACH PARTY HERETO IRREVOCABLY WAIVES, TO THE
FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL
PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE
TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON
CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE,
AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY
WOULD NOT, IN THE EVENT OF

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LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER, AND (B) ACKNOWLEDGES
THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER
LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.

          Section 10.7. Right of Setoff. In addition to any rights now or hereafter granted
under applicable law and not by way of limitation of any such rights, each Lender and the Issuing
Bank shall have the right, at any time or from time to time upon the occurrence and during the
continuance of an Event of Default, without prior notice to the Parent, any such notice being
expressly waived by the Parent to the extent permitted by applicable law, to set off and apply
against all deposits (general or special, time or demand, provisional or final) of any Borrower at
any time held or other obligations at any time owing by such Lender and the Issuing Bank to or for
the credit or the account of any Borrower against any and all Obligations held by such Lender or
the Issuing Bank, as the case may be, irrespective of whether such Lender or the Issuing Bank shall
have made demand hereunder and although such Obligations may be unmatured. Each Lender and the
Issuing Bank agree promptly to notify the Administrative Agent and the Parent after any such
set-off and any application made by such Lender and the Issuing Bank, as the case may be;
provided, that the failure to give such notice shall not affect the validity of such
set-off and application.

          Section 10.8. Counterparts; Integration. This Agreement may be executed by one or
more of the parties to this Agreement on any number of separate counterparts (including by
telecopy), and all of said counterparts taken together shall be deemed to constitute one and the
same instrument. This Agreement, the other Loan Documents, and any separate letter agreement(s)
relating to any fees payable to the Administrative Agent constitute the entire agreement among the
parties hereto and thereto regarding the subject matters hereof and thereof and supersede all prior
agreements and understandings, oral or written, regarding such subject matters.

          Section 10.9. Survival. All covenants, agreements, representations and warranties
made by each Borrower herein and in the certificates or other instruments delivered in connection
with or pursuant to this Agreement shall be considered to have been relied upon by the other
parties hereto and shall survive the execution and delivery of this Agreement and the making of
any Loans and issuance of any Letters of Credit, regardless of any investigation made by any such
other party or on its behalf and notwithstanding that the Administrative Agent, the Issuing Bank or
any Lender may have had notice or knowledge of any Default or incorrect representation or warranty
at the time any credit is extended hereunder, and shall continue in full force and effect as long
as the principal of or any accrued interest on any Loan or any fee or any other amount payable
under this Agreement is outstanding and unpaid or any Letter of Credit is outstanding and so long
as the Commitments have not expired or terminated. The provisions of Sections 2.17,
2.18, 2.19, and 10.3 and Article IX shall survive and remain in full force
and effect regardless of the consummation of the transactions contemplated hereby, the repayment of
the Loans, the expiration or termination of
the Letters of Credit and the Commitments or the termination of this Agreement or any
provision hereof. All representations and warranties made herein, in the certificates, reports,
notices, and other documents delivered pursuant to this

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Agreement shall survive the execution and
delivery of this Agreement and the other Loan Documents, and the making of the Loans and the
issuance of the Letters of Credit.

          Section 10.10. Severability. Any provision of this Agreement or any other Loan
Document held to be illegal, invalid or unenforceable in any jurisdiction, shall, as to such
jurisdiction, be ineffective to the extent of such illegality, invalidity or unenforceability
without affecting the legality, validity or enforceability of the remaining provisions hereof or
thereof; and the illegality, invalidity or unenforceability of a particular provision in a
particular jurisdiction shall not invalidate or render unenforceable such provision in any other
jurisdiction.

          Section 10.11. Confidentiality. Each of the Administrative Agent, the Issuing Bank
and each Lender agrees to take normal and reasonable precautions to maintain the confidentiality of
any information designated in writing as confidential and provided to it by any Borrower or any
Subsidiary, except that such information may be disclosed (i) to any Related Party of the
Administrative Agent, the Issuing Bank or any such Lender, including without limitation
accountants, legal counsel and other advisors, so long as such information remains confidential,
(ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal
process, (iii) to the extent requested by any regulatory agency or authority, (iv) to the extent
that such information becomes publicly available other than as a result of a breach of this
Section, or which becomes available to the Administrative Agent, the Issuing Bank, any Lender or
any Related Party of any of the foregoing on a non-confidential basis from a source other than any
Borrower, (v) in connection with the exercise of any remedy hereunder or any suit, action or
proceeding relating to this Agreement or the enforcement of rights hereunder, and (vi) subject to
provisions substantially similar to this Section 10.11, to any actual or prospective
assignee or Participant or to any prospective contractual counterparty (or its advisor) to any
securitization, hedge or other derivative transaction, or (vii) with the consent of the Parent.
Any Person required to maintain the confidentiality of any information as provided for in this
Section shall be considered to have complied with its obligation to do so if such Person has
exercised the same degree of care to maintain the confidentiality of such information as such
Person would accord its own confidential information.

          Section 10.12. Interest Rate Limitation. Notwithstanding anything herein to the
contrary, if at any time the interest rate applicable to any Loan, together with all fees, charges
and other amounts which may be treated as interest on such Loan under applicable law (collectively,
the “Charges”), shall exceed the maximum lawful rate of interest (the “Maximum Rate”) which may be
contracted for, charged, taken, received or reserved by a Lender holding such Loan in accordance
with applicable law, the rate of interest payable in respect of such Loan hereunder, together with
all Charges payable in respect thereof, shall be limited to the Maximum Rate and, to the extent
lawful, the interest and Charges that would have been payable in respect of such Loan but were not
payable as a result of the operation of this Section shall be cumulated and the interest and
Charges payable to such Lender in respect of other Loans or periods shall be increased (but not
above the Maximum
Rate therefor) until such cumulated amount, together with interest thereon at the Federal
Funds Rate to the date of repayment, shall have been received by such Lender.

          Section 10.13. Waiver of Effect of Corporate Seal. Each Borrower represents and
warrants that neither it nor any other Loan Party is required to affix its corporate seal to this

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Agreement or any other Loan Document pursuant to any requirement of law or regulation, agrees that
this Agreement is delivered such Borrower under seal and waives any shortening of the statute of
limitations that may result from not affixing the corporate seal to this Agreement or such other
Loan Documents.

ARTICLE XI

CROSS GUARANTY 

          Section 11.1. Cross Guaranty. Each Borrower hereby agrees that such Borrower is
jointly and severally liable for, and hereby absolutely and unconditionally guarantees to the
Administrative Agent and the Lenders and their respective successors and assigns, the full and
prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of, all
Obligations owed or hereafter owing to the Administrative Agent and the Lenders by each other
Borrower. Each Borrower agrees that its guaranty obligation hereunder is a continuing guaranty of
payment and performance and not of collection, that its obligations under this Article XI
shall not be discharged until payment and performance, in full, of the Obligations has occurred,
and that its obligations under this Article XI shall be absolute and unconditional,
irrespective of, and unaffected by;

          (a) the genuineness, validity, regularity, enforceability or any future amendment of, or
change in, this Agreement, any other Loan Document or any other agreement, document or instrument
to which any Borrower is or may become a party;

          (b) the absence of any action to enforce this Agreement (including this Article XI) or
any other Loan Document or the waiver or consent by the Administrative Agent and the Lenders with
respect to any of the provisions thereof;

          (c) the existence, value or condition of, or failure to perfect its Lien against, any security
for the Obligations or any action, or the absence of any action, by the Administrative Agent and
the Lenders in respect thereof (including the release of any such security);

          (d) the insolvency of any Loan Party; or

          (e) any other action or circumstances that might otherwise constitute a legal or equitable
discharge or defense of a surety or guarantor.

Each Borrower shall be regarded, and shall be in the same position, as principal debtor with
respect to the Obligations guaranteed hereunder.

          Section 11.2. Waivers by Borrowers . Each Borrower expressly waives all
rights it may have now or in the future under any statute, or at common law, or at law or in
equity, or otherwise, to compel the Administrative Agent or the Lenders to marshal assets or to
proceed in respect of the Obligations guaranteed hereunder against any other Loan Party, any other
party or against any security for the payment and performance of the Obligations before proceeding

75

 

against, or as a condition to proceeding against, such Borrower. It is agreed among each Borrower,
the Administrative Agent and the Lenders that the foregoing waivers are of the essence of the
transaction contemplated by this Agreement and the other Loan Documents and that, but for the
provisions of this Article XI and such waivers, the Administrative Agent and the Lenders
would decline to enter into this Agreement.

          Section 11.3. Benefit of Guaranty .  Each Borrower agrees that the
provisions of this Article XI are for the benefit of the Administrative Agent and the
Lenders and their respective successors, transferees, endorsees and assigns, and nothing herein
contained shall impair, as between any other Borrower and the Administrative Agent or the Lenders,
the obligations of such other Borrower under the Loan Documents .

          Section 11.4. Subordination of Subrogation, Etc. Notwithstanding anything to the
contrary in this Agreement or in any other Loan Document, and except as set forth in Article
XI., each Borrower hereby agrees not to exercise any and all rights at law or in equity to
subrogation, reimbursement, exoneration, contribution, indemnification or set off and any and all
defenses available to a surety, guarantor or accommodation co-obligor until such time as the
Obligations are paid in full and the Commitments and this Agreement are terminated. Each Borrower
acknowledges and agrees that this provision is intended to benefit the Administrative Agent and the
Lenders and shall not limit or otherwise affect such Borrower’s liability hereunder or the
enforceability of this Article XI, and that the Administrative Agent, the Lenders and their
respective successors and assigns are intended third party beneficiaries of the waivers and
agreements set forth in this Section 11.4.

          Section 11.5. Election of Remedies . If the Administrative Agent or any
Lender may, under applicable law, proceed to realize its benefits under any of the Loan Documents
giving the Administrative Agent or such Lender a Lien upon any collateral, whether owned by any
Borrower or by any other Person, either by judicial foreclosure or by non-judicial sale or
enforcement, the Administrative Agent or any Lender may, at its sole option, determine which of its
remedies or rights it may pursue without affecting any of its rights and remedies under this
Article XI. If, in the exercise of any of its rights and remedies, the Administrative
Agent or any Lender shall forfeit any of its rights or remedies, including its right to enter a
deficiency judgment against any Borrower or any other Person, whether because of any applicable
laws pertaining to “election of remedies” or the like, each Borrower hereby consents to such action
by the Administrative Agent or such Lender and waives any claim based upon such action, even if
such action by the Administrative Agent or such Lender shall result in a full or partial loss of
any rights of subrogation that each Borrower
might otherwise have had but for such action by the Administrative Agent or such Lender. Any
election of remedies that results in the denial or impairment of the right of the Administrative
Agent or any Lender to seek a deficiency judgment against any Borrower shall not impair any other
Borrower’s obligation to pay the full amount of the Obligations. In the event the Administrative
Agent or any Lender shall bid at any foreclosure or trustee’s sale or at any private sale permitted
by law or the Loan Documents, the Administrative Agent or such Lender may bid all or less than the
amount of the Obligations and the amount of such bid need not be paid by the Administrative Agent
or such Lender but shall be credited against the Obligations. The amount of the successful bid at
any such sale, whether the Administrative Agent, the Lender or any other party is the successful
bidder, shall be conclusively deemed to be the fair market value of the collateral and the
difference between such

76

 

bid amount and the remaining balance of the Obligations shall be
conclusively deemed to be the amount of the Obligations guaranteed under this Article XI,
notwithstanding that any present or future law or court decision or ruling may have the effect of
reducing the amount of any deficiency claim to which Administrative Agent or any Lender might
otherwise be entitled but for such bidding at any such sale.

          Section 11.6. Limitation. Notwithstanding any provision herein contained to the
contrary, each Borrower’s liability under this Article XI (which liability is in any event
in addition to amounts for which such Borrower is primarily liable under Article II) shall
be limited to an amount not to exceed as of any date the greater of:

          (a) the net amount of all Loans advanced to any other Borrower under this Agreement and then
re-loaned or otherwise transferred to, or for the benefit of, such Borrower; and

          (b) the amount that could be claimed by the Administrative Agent and the Lenders from such
Borrower under this Article XI without rendering such claim voidable or avoidable under
Section 548 of Chapter 11 of the Bankruptcy Code or under any applicable state Uniform Fraudulent
Transfer Act, Uniform Fraudulent Conveyance Act or similar statute or common law after taking into
account, among other things, such Borrower’s right of contribution and indemnification from each
other Borrower under Section 11.7.

          Section 11.7. Contribution with Respect to Guaranty Obligations.

          (a) To the extent that any Borrower shall make a payment under this Article XI of all
or any of the Obligations (other than Loans made to that Borrower for which it is primarily
liable)a “Guarantor Payment”)that, taking into account all other Guarantor Payments then
previously or concurrently made by any other Borrower, exceeds the amount that such Borrower would
otherwise have paid if each Borrower had paid the aggregate Obligations satisfied by such Guarantor
Payment in the same proportion that such Borrower’s “Allocable Amount” (as defined below) (as
determined immediately prior to such Guarantor Payment) bore to the aggregate Allocable Amounts of
each of the Borrowers as determined immediately prior to the making of such Guarantor Payment,
then, following indefeasible payment in full in cash of the Obligations and termination of the
Commitments, such Borrower shall be entitled to receive contribution and indemnification payments
from, and be reimbursed by, each other Borrower for
the amount of such excess, pro rata based upon their respective Allocable Amounts in effect
immediately prior to such Guarantor Payment.

          (b) As of any date of determination, the “Allocable Amount” of any Borrower shall be
equal to the maximum amount of the claim that could then be recovered from such Borrower under this
Article XI without rendering such claim voidable or avoidable under Section 548 of Chapter
11 of the Bankruptcy Code or under any applicable state Uniform Fraudulent Transfer Act, Uniform
Fraudulent Conveyance Act or similar statute or common law.

          (c) This Section 11.7 is intended only to define the relative rights of Borrowers and
nothing set forth in this Section 11.7 is intended to or shall impair the obligations of
Borrowers, jointly and severally, to pay any amounts as and when the same shall become due

77

 

and
payable in accordance with the terms of this Agreement, including Section 11.1. Nothing
contained in this Section 11.7 shall limit the liability of any Borrower to pay the Loans
made directly or indirectly to that Borrower and accrued interest, Fees and expenses with respect
thereto for which such Borrower shall be primarily liable.

          (d) The parties hereto acknowledge that the rights of contribution and indemnification
hereunder shall constitute assets of the Borrower to which such contribution and indemnification is
owing.

          (e) The rights of the indemnifying Borrowers against other Credit Parties under this
Section 11.7 shall be exercisable upon the full and indefeasible payment of the Obligations
and the termination of the Commitments.

          Section 11.8. Liability Cumulative. The liability of Borrowers under this
Article XI is in addition to and shall be cumulative with all liabilities of each Borrower
to the Administrative Agent and the Lenders under this Agreement and the other Loan Documents to
which such Borrower is a party or in respect of any Obligations or obligation of the other
Borrower, without any limitation as to amount, unless the instrument or agreement evidencing or
creating such other liability specifically provides to the contrary.

(remainder of page left intentionally blank)

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          IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed under
seal in the case of the Borrowers by their respective authorized officers as of the day and year
first above written.

	 	 	 	 	 
	 	 	CHECKFREE CORPORATION
	 
	 	 	 	 
	 

	 	By  /s/ David E. Mangum
	 

	 	 

	 

	 	Name: David E. Mangum
	 

	 	Title: Executive Vice President
	 
	 	 	 	 
	 	 	CHECKFREE SERVICES CORPORATION
	 
	 	 	 	 
	 

	 	By  /s/ David E. Mangum
	 

	 	 

	 

	 	Name: David E. Mangum
	 

	 	Title: Executive Vice President
	 
	 	 	 	 
	 	 	CHECKFREE INVESTMENT CORPORATION
	 
	 	 	 	 
	 

	 	By  /s/ David E. Mangum
	 

	 	 

	 

	 	Name: David E. Mangum
	 

	 	Title: Executive Vice President

[SIGNATURE PAGE TO REVOLVING CREDIT AGREEMENT]

 

 

	 	 	 	 	 
	 	 	SUNTRUST BANK, as Administrative Agent, as Issuing Bank, as Swingline Lender and as a Lender
	 
	 	 	 	 
	 

	 	By  /s/ Brian K. Peters
	 

	 	 

	 

	 	Name: Brian K. Peters
	 

	 	Title: Managing Director

[SIGNATURE PAGE TO REVOLVING CREDIT AGREEMENT]

 

 

	 	 	 	 	 
	 	 	BANK OF AMERICA, N.A., as a Lender
	 
	 	 	 	 
	 

	 	By  /s/ Shawn Janko
	 

	 	 

	 

	 	Name: Shawn Janko
	 

	 	Title: Senior Vice President

[SIGNATURE PAGE TO REVOLVING CREDIT AGREEMENT]

 

 

	 	 	 	 	 
	 	 	US BANK, NATIONAL ASSOCIATION,

as a Lender
	 
	 	 	 	 
	 

	 	By  /s/ Eric J. Cosgrove
	 

	 	 

	 

	 	Name: Eric J. Cosgrove
	 

	 	Title: Assistant Vice President

[SIGNATURE PAGE TO REVOLVING CREDIT AGREEMENT]

 

 

	 	 	 	 	 
	 	 	MIZUHO CORPORATE BANK, LTD.,

as a Lender
	 
	 	 	 	 
	 

	 	By  /s/ Bertram H. Tang
	 

	 	 

	 

	 	Name: Bertram H. Tang
	 

	 	Title: Senior Vice President

[SIGNATURE PAGE TO REVOLVING CREDIT AGREEMENT]

 

 

	 	 	 	 	 
	 	 	KEYBANK NATIONAL ASSOCIATION,

as a Lender
	 
	 	 	 	 
	 

	 	By  /s/ Daniel DiMarco
	 

	 	 

	 

	 	Name: 	Daniel DiMarco
	 

	 	Title:	Assistant Vice President

[SIGNATURE PAGE TO REVOLVING CREDIT AGREEMENT]

 

 

	 	 	 	 	 
	 	 	BRANCH BANKING & TRUST COMPANY,

as a Lender
	 
	 	 	 	 
	 

	 	By  /s/ McKie M. Trottey
	 

	 	 

	 

	 	Name: McKie M. Trottey
	 

	 	Title: Vice President

[SIGNATURE PAGE TO REVOLVING CREDIT AGREEMENT]

 

 

	 	 	 	 	 
	 	 	FIFTH THIRD BANK, as a Lender
	 
	 	 	 	 
	 

	 	By  /s/ Brian J. Blumeke
	 

	 	 

	 

	 	Name: Brian J. Blumeke
	 

	 	Title: Assistant Vice President

[SIGNATURE PAGE TO REVOLVING CREDIT AGREEMENT]

 

 

	 	 	 	 	 
	 	 	BNP PARIBAS, as a Lender
	 
	 	 	 	 
	 

	 	By  /s/ Henry F. Setina
	 

	 	 

	 

	 	Name: Henry F. Setina
	 

	 	Title: Director
	 
	 	 	 	 
	 

	 	By:  /s/ Lloyd G. Cox
	 

	 	 

	 

	 	Name: Lloyd G. Cox
	 

	 	Title: Managing Director

[SIGNATURE PAGE TO REVOLVING CREDIT AGREEMENT]

 

 

	 	 	 	 	 
	 	 	BANK OF TOKYO-MITSUBISHI UFJ TRUST
 COMPANY, as a Lender
	 
	 	 	 	 
	 

	 	By  /s/ Christian Giordano
	 

	 	 

	 

	 	Name: Christian Giordano
	 

	 	Title: Vice President

[SIGNATURE PAGE TO REVOLVING CREDIT AGREEMENT]

 

 

	 	 	 	 	 
	 	 	LASALLE BANK NATIONAL ASSOCIATION,

as a Lender
	 
	 	 	 	 
	 

	 	By  /s/ Zennie W. Lynch
	 

	 	 

	 

	 	Name: Zennie W. Lynch
	 

	 	Title: Vice President

[SIGNATURE PAGE TO REVOLVING CREDIT AGREEMENT]

 

 

	 	 	 	 	 
	 	 	REGIONS BANK, as a Lender
	 
	 	 	 	 
	 

	 	By  /s/ W. Brad Davis
	 

	 	 

	 

	 	Name: W. Brad Davis
	 

	 	Title: Vice President

[SIGNATURE PAGE TO REVOLVING CREDIT AGREEMENT]

 

 

	 	 	 	 	 
	 	 	THE BANK OF NEW YORK, as a Lender
	 
	 	 	 	 
	 

	 	By  /s/ David S. Csatari
	 

	 	 

	 

	 	Name: David S. Csatari
	 

	 	Title: Vice President

[SIGNATURE PAGE TO REVOLVING CREDIT AGREEMENT]

 

 

ANNEX I

	 	 	 	 	 
	Lender	 	Revolving Commitment Amount
	SunTrust Bank
	 	$	31,000,000	 
	Bank of America, N.A.
	 	$	31,000,000	 
	US Bank, National Association
	 	$	28,000,000	 
	Mizuho Corporate Bank, Ltd.
	 	$	28,000,000	 
	KeyBank National Association
	 	$	28,000,000	 
	Branch Banking & Trust Company
	 	$	28,000,000	 
	Fifth Third Bank
	 	$	28,000,000	 
	BNP Paribas
	 	$	21,500,000	 
	Bank of Tokyo-Mitsubishi UFJ Trust Company
	 	$	21,500,000	 
	LaSalle Bank National Association
	 	$	20,000,000	 
	Regions Bank
	 	$	20,000,000	 
	The Bank of New York
	 	$	15,000,000	 
	 
	 	 	 	 
	 
	 	$	300,000,000	 

Annex 1

 

 

SCHEDULE I

APPLICABLE MARGIN AND APPLICABLE PERCENTAGE

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Applicable	 	Applicable	 	Applicable
	 	 	 	 	 	 	Margin for	 	Margin for	 	Percentage for
	Pricing	 	Leverage	 	Eurodollar	 	Base Rate	 	Commitment
	Level	 	Ratio	 	Loans	 	Loans	 	Fee
	 	I	 	 	Less than 0.50: 1.00
	 	 	0.55	%	 	 	0	%	 	 	0.125	%
	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	II	 	Greater than or
	 	 	0.675	%	 	 	0	%	 	 	0.15	%
	 	 	 	 	equal to 0.50:1.00
but less than
1.00:1.00
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	III	 	Greater than or
	 	 	0.80	%	 	 	0	%	 	 	0.175	%
	 	 	 	 	equal to 1.00:1.00
but less than
1.50:1.00
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	IV	 	Greater than or
	 	 	0.925	%	 	 	0	%	 	 	0.225	%
	 	 	 	 	equal to 1.50:1.00
but less than
2.00:1.00
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	V	 	 	Greater than or
	 	 	1.05	%	 	 	0.05	%	 	 	0.25	%
	 	 	 	 	equal to 2.00:1.00
	 	 	 	 	 	 	 	 	 	 	 	 

Schedule IEX-10.2

 

Exhibit 10.2

MASTER AGREEMENT

Dated as of April 13, 2006

among

CHECKFREE CORPORATION, as Guarantor,

CHECKFREE SERVICES CORPORATION,

as Lessee and Construction Agent,

SUNTRUST BANK, as Lessor,

CERTAIN FINANCIAL INSTITUTIONS PARTIES HERETO,

as Lenders,

SUNTRUST EQUITY FUNDING, LLC, as Agent and as Sole Arranger,

US BANK, NATIONAL ASSOCIATION, MIZUHO CORPORATE BANK (USA) and

KEYBANK NATIONAL ASSOCIATION, each as Co-Documentation Agents,

and

BANK OF AMERICA, N.A., as Syndication Agent

 

 

TABLES
OF CONTENTS

	 	 	 	 	 
	 	 	Page	 
	Article I DEFINITIONS; INTERPRETATION
	 	 	1	 
	Article II ACQUISITION, CONSTRUCTION AND LEASE; FUNDINGS; NATURE OF TRANSACTION
	 	 	1	 
	Section 2.1 Agreement to Acquire, Construct, Fund and Lease
	 	 	1	 
	Section 2.2 Fundings of Purchase Price and Construction Costs
	 	 	2	 
	Section 2.3 Funded Amounts and Interest and Yield Thereon; Unused Fee
	 	 	5	 
	Section 2.4 Lessee Owner for Tax Purposes
	 	 	6	 
	Article III CONDITIONS PRECEDENT; DOCUMENTS
	 	 	7	 
	Section 3.1 Conditions to the Obligations of the Funding Parties on each Closing
Date
	 	 	7	 
	Section 3.2 Additional Conditions for the First Funding
	 	 	10	 
	Section 3.3 Conditions to the Obligations of Lessee
	 	 	11	 
	Section 3.4 Conditions to the Obligations of the Funding Parties on each Funding
Date
	 	 	11	 
	Section 3.5 Completion Date Conditions
	 	 	12	 
	Section 3.6 Delivery of Appraisal for Construction Land Interests
	 	 	13	 
	Article IV REPRESENTATIONS
	 	 	14	 
	Section 4.1 Representations of CheckFree and other Lessee
	 	 	14	 
	Section 4.2 Effect of Fundings
	 	 	19	 
	Section 4.3 Representations of the Lessor
	 	 	20	 
	Section 4.4 Representations of each Lender
	 	 	20	 
	Article V COVENANTS OF CHECKFREE
	 	 	21	 
	Section 5.1 Affirmative Covenants
	 	 	21	 
	Section 5.2 Financial Covenants
	 	 	25	 
	Section 5.3 Negative Covenants
	 	 	25	 
	Section 5.4 Further Assurances
	 	 	31	 
	Section 5.5 Additional Required Appraisals
	 	 	31	 
	Article VI TRANSFERS BY LESSOR AND LENDERS; DISTRIBUTION OF PAYMENTS AND PROCEEDS
	 	 	31	 
	Section 6.1 Lessor Transfers
	 	 	31	 
	Section 6.2 Lender Transfers
	 	 	32	 
	Section 6.3 Distribution and Application of Rent Payments
	 	 	34	 
	Section 6.4 Distribution and Application of Purchase Payment
	 	 	34	 
	Section 6.5 Distribution and Application to Funding Party Balances of Lessee Payment
of Recourse Deficiency Amount Upon Exercise of Remarketing Option
	 	 	34	 
	Section 6.6 Distribution and Application to Funding Party Balances of Remarketing
Proceeds of Leased Property
	 	 	35	 
	Section 6.7 Distribution and Application of Payments Received When an Event of
Default Exists
	 	 	36	 
	Section 6.8 Distribution of Other Payments
	 	 	37	 
	Section 6.9 Timing of Agent Distributions
	 	 	37	 
	Section 6.10 Release of Leased Properties
	 	 	37	 
	Article VII INDEMNIFICATION
	 	 	38	 
	Section 7.1 General Indemnification
	 	 	38	 
	Section 7.2 Environmental Indemnity
	 	 	40	 
	Section 7.3 Proceedings in Respect of Claims
	 	 	41	 
	Section 7.4 General Tax Indemnity
	 	 	43	 
	Section 7.5 Increased Costs, etc
	 	 	48	 

-i-

 

TABLES
OF CONTENTS

	 	 	 	 	 
	 	 	Page	 
	Section 7.6 End of Term Indemnity
	 	 	52	 
	Article VIII THE AGENT
	 	 	52	 
	Section 8.1 Appointment
	 	 	52	 
	Section 8.2 Delegation of Duties
	 	 	53	 
	Section 8.3 Exculpatory Provisions
	 	 	53	 
	Section 8.4 Reliance by Agent
	 	 	53	 
	Section 8.5 Notice of Default
	 	 	54	 
	Section 8.6 Non-Reliance on Agent and Other Lenders
	 	 	54	 
	Section 8.7 Indemnification
	 	 	54	 
	Section 8.8 Agent in Its Individual Capacity
	 	 	55	 
	Section 8.9 Liabilities of the Agent
	 	 	55	 
	Section 8.10 Successor Agent
	 	 	55	 
	Article IX MISCELLANEOUS
	 	 	56	 
	Section 9.1 Survival of Agreements
	 	 	56	 
	Section 9.2 Documentary Conventions
	 	 	56	 
	Section 9.3 Expenses
	 	 	56	 
	Section 9.4 Liabilities of the Funding Parties; Sharing of Payments
	 	 	56	 
	 
	 	 	 	 
	APPENDIX A Definitions and Interpretation
	 	 	 	 

-ii-

 

SCHEDULES

	 	 	 
	SCHEDULE 2.2

	 	Commitments
	SCHEDULE 4.1(e)

	 	Environmental Liabilities
	SCHEDULE 4.1(n)

	 	Subsidiaries
	SCHEDULE 5.3(a)

	 	Indebtedness
	SCHEDULE 5.3(b)

	 	Liens
	SCHEDULE 5.3(d)

	 	Investments
	SCHEDULE 5.3(g)

	 	Transactions with Affiliates
	SCHEDULE 5.3(h)

	 	Restrictive Agreements

EXHIBITS

	 	 	 
	EXHIBIT A

	 	Form of Funding Request
	EXHIBIT B

	 	Form of Assignment of Lease and Rents
	EXHIBIT C

	 	Form of Security Agreement and Assignment
	EXHIBIT D-1

	 	Form of Mortgage
	EXHIBIT D-2

	 	Form of Deed of Trust
	EXHIBIT E

	 	Form of Addition Agreement
	EXHIBIT F

	 	Form of Assignment and Acceptance Agreement
	EXHIBIT G

	 	Forms of Opinions of Counsel
	EXHIBIT H

	 	Form of Certification of Construction Completion
	EXHIBIT I

	 	Form of Payment Date Notice
	EXHIBIT J

	 	Form of Compliance Certificate

-iii-

 

MASTER AGREEMENT

     THIS MASTER AGREEMENT, dated as of April 13, 2006 (as it may be amended or modified from time
to time in accordance with the provisions hereof, this “Master Agreement”), is among
CHECKFREE CORPORATION, a Delaware corporation (“CheckFree” or “Guarantor”),
CHECKFREE SERVICES CORPORATION, a Delaware corporation (“Services”), in its capacity as
lessee (the “Lessee”) and as construction agent (the “Construction Agent”),
SUNTRUST BANK, a Georgia state banking corporation (the “Lessor”), certain financial
institutions parties hereto as lenders (together with any other financial institution that becomes
a party hereto as a lender, collectively referred to as “Lenders” and individually as a
“Lender”), SUNTRUST EQUITY FUNDING, LLC, a Delaware limited liability company, as agent for
the Funding Parties (in such capacity, the “Agent”) and as sole arranger, each of US BANK,
NATIONAL ASSOCIATION, MIZUHO CORPORATE BANK (USA) and KEYBANK NATIONAL ASSOCIATION, as
co-documentation agents, and BANK OF AMERICA, N.A., as syndication agent.

PRELIMINARY STATEMENT

     In accordance with the terms and provisions of this Master Agreement, the Lease, the Loan
Agreement and the other Operative Documents, (i) the Lessor contemplates acquiring Land identified
by the Construction Agent from time to time, and leasing such Land and any Buildings thereon to the
Lessee, (ii) the Construction Agent, as agent for the Lessor, wishes to arrange for the
construction of Buildings on Land for the Lessor and, when completed, the Lessee wishes to lease
such Buildings from the Lessor as part of the Leased Properties under the Lease, (iii) the
Construction Agent, in carrying out its duties as agent, wishes to obtain from Lessor, and the
Lessor is willing to provide, funding for the acquisition of the Land and the construction of
Buildings, and (iv) the Lessor wishes to obtain, and Lenders are willing to provide, from time to
time, financing of a portion of the funding of the acquisition of the Land and the construction of
the Buildings.

     In consideration of the mutual agreements contained in this Master Agreement and other good
and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto agree as follows:

ARTICLE I

DEFINITIONS; INTERPRETATION

     Unless the context shall otherwise require, capitalized terms used and not defined herein
shall have the meanings assigned thereto in Appendix A hereto for all purposes hereof; and
the rules of interpretation set forth in Appendix A hereto shall apply to this Master
Agreement.

ARTICLE II

ACQUISITION, CONSTRUCTION AND LEASE; FUNDINGS;

NATURE OF TRANSACTION

     Section 2.1 Agreement to Acquire, Construct, Fund and Lease.

 

 

     (a) Land. Subject to the terms and conditions of this Master Agreement and the Loan
Agreement, with respect to each parcel of Land identified by the Construction Agent, on the related
Closing Date (i) the Lessor agrees to acquire such interest in the related Land, and any Building
thereon, from the applicable Seller as is transferred, sold, assigned and conveyed to the Lessor
pursuant to the applicable Purchase Agreement or to lease such interest in the related Land, and
any Building thereon, from the applicable Ground Lessor as is leased to the Lessor pursuant to the
applicable Ground Lease, (ii) the Lessor hereby agrees to lease, or sublease, as the case may be,
such Land and any Building thereon to the Lessee pursuant to the Lease, and (iii) the Lessee hereby
agrees to lease, or sublease, as the case may be, such Land, and any Building thereon, from the
Lessor pursuant to the Lease.

     (b) Building. With respect to each parcel of Land on which a Building is to be
constructed, subject to the terms and conditions of this Master Agreement and the Loan Agreement,
from and after the Closing Date relating to such Land (i) the Construction Agent agrees, pursuant
to the terms of the Construction Agency Agreement, to construct and install the Building on such
Land for the Lessor prior to the Scheduled Construction Termination Date, (ii) the Lenders and the
Lessor agree to fund the Construction Costs with respect to such Building, (iii) the Lessor shall
lease, or sublease, as the case may be, such Building as part of such Leased Property to the Lessee
pursuant to the Lease, and (iv) the Lessee shall lease, or sublease, as the case may be, such
Building from the Lessor pursuant to the Lease.

     Section 2.2 Fundings of Purchase Price and Construction Costs.

     (a) Initial Funding and Payment of Purchase Price for Land and Development Costs on
Closing Date. Subject to the terms and conditions of this Master Agreement and the Loan
Agreement, on the Closing Date for any Land, and any Building thereon, each Lender shall make
available, or arrange to make available, to the Lessor its initial Loan with respect to such Land,
and any Building thereon, in an amount equal to the product of such Lender’s Commitment Percentage
times the purchase price or the ground rent for such Land, and any Building thereon, and the
Construction Costs incurred by the Construction Agent, as agent, through such Closing Date, which
funds the Lessor shall use, together with the Lessor’s own funds in an amount equal to the product
of the Lessor’s Commitment Percentage times the purchase price or ground rent for the related Land
and any Building thereon, and the Construction Costs incurred by the Construction Agent, as agent
for the Lessor, through such Closing Date, to purchase such Land, and any Building thereon, from
the applicable Seller pursuant to the applicable Purchase Agreement or lease the Land and any
Building thereon from the applicable Ground Lessor pursuant to the applicable Ground Lease, as the
case may be, and to pay the amount of such Construction Costs, and the Lessor shall lease, or
sublease, as the case may be, such Land to the Lessee pursuant to
the Lease, provided that, with respect to the Commitment Percentage and Commitments of
Mizuho, it is understood that the A Loans of Mizuho shall be the Commitment of, and shall be funded
and held by, Mizuho Corporate Bank (USA) and the B Loans of Mizuho shall be the Commitment of, and
shall be funded and held by MHCB (USA) Leasing & Finance Corporation (with the obligations of
Mizuho Corporate Bank (USA) and MHCB (USA) Leasing & Finance Corporation to fund such A Loans and B
Loans, respectively, being several and not joint obligations).

-2-

 

     (b) Subsequent Fundings and Payments of Construction Costs during Construction Term.
Subject to the terms and conditions of this Master Agreement and the Loan Agreement, if a Building
is to be constructed on Land, on each Funding Date following the Closing Date for each such parcel
of Land until the related Construction Term Expiration Date, (i) each Lender shall make available,
or arrange to make available, to the Lessor a Loan in an amount equal to the product of such
Lender’s Commitment Percentage times the amount of Funding requested by the Construction Agent for
such Funding Date, which funds the Lessor hereby directs each Lender to pay over, or cause to be
paid over, to the Agent, for distribution to the Construction Agent, as agent for the Lessor, as
set forth in paragraph (d), and (ii) the Lessor shall pay over to the Agent, for
distribution to the Construction Agent, as agent for the Lessor, its own funds (which shall
constitute a part of, and an increase in, the Lessor’s Invested Amount with respect to such Leased
Property) in an amount equal to the product of the Lessor’s Commitment Percentage times the amount
of Funding requested by the Construction Agent for such Funding Date, provided that, with
respect to the Commitment Percentage and Commitments of Mizuho, it is understood that the A Loans
of Mizuho shall be the Commitment of, and shall be funded and held by, Mizuho Corporate Bank (USA)
and the B Loans of Mizuho shall be the Commitment of, and shall be funded and held by MHCB (USA)
Leasing & Finance Corporation (with the obligations of Mizuho Corporate Bank (USA) and MHCB (USA)
Leasing & Finance Corporation to fund such A Loans and B Loans, respectively, being several and not
joint obligations).

     (c) Aggregate Limits on Funded Amounts. The aggregate amount that the Funding Parties
shall be committed to provide, or cause to be provided, as Funded Amounts under this Master
Agreement and the Loan Agreement shall not exceed (x) with respect to each Leased Property, the
costs of purchase (or ground lease, as the case may be) of such Leased Property and the related
Construction Costs or (y) $100,000,000 in the aggregate for all Leased Properties. The aggregate
amount that any Funding Party shall be committed to provide, or cause to be provided as Funded
Amounts, under this Master Agreement and the Loan Agreement shall not exceed the lesser of (i) such
Funding Party’s Commitment and (ii) such Funding Party’s Commitment Percentage of the aggregate
Fundings requested under this Master Agreement.

     (d) Notice, Time and Place of Fundings.

          (i) With respect to each Funding, the Lessee or the Construction Agent, as the case may be,
shall give the Lessor and the Agent an irrevocable prior telephone (followed within one Business
Day with written) or written notice not later than 11:00 a.m., Atlanta, Georgia time, at least
three Business Days (or one Business Day, in the case of Base Rate Advances) prior to the proposed
Closing Date or other Funding Date, as the case may be, pursuant, in each case, to a Funding
Request in the form of Exhibit A (a “Funding Request”), specifying the Closing Date
or subsequent Funding Date, as the case may be, the amount of Funding requested, the Leased
Property to which such Funding relates, whether such Funding shall be a LIBOR Advance or a Base
Rate Advance or a combination thereof and the Rent Period(s) therefor. All documents and
instruments required to be delivered on such Closing Date pursuant to this Master Agreement shall
be delivered at the offices of Greenberg Traurig, LLP, 77 West Wacker Drive, Suite 2500, Chicago,
Illinois 60601, or at such other location as may be determined by the Lessor, the Construction
Agent and the Agent. Each Funding shall occur on a Business Day and shall be in an amount equal to
at least $250,000, with the exception of the final draw for any Leased

-3-

 

Property, which may be for
such lesser amount as may be due and owing to fund the balance of the Construction Costs for such
Leased Property. With respect to each Construction Land Interest, the Construction Agent shall
request a Funding (i) no less frequently than once each calendar month and (ii) within one week of
each time that the Construction Costs that have been incurred in connection with such Construction
Land Interest and that have not been reimbursed to the Construction Agent exceed $1,000,000. All
remittances made by, or caused to be made by, any Lender and the Lessor for any Funding shall be
made in immediately available funds by wire transfer to or, as is directed by, the Construction
Agent or the Lessee, with receipt by the Construction Agent or the Lessee, as the case may be, not
later than 1:00 p.m., Atlanta, Georgia time, on the applicable Funding Date, upon satisfaction or
waiver of the conditions precedent to such Funding set forth in Article III; such funds
shall (1) in the case of the initial Funding on a Closing Date, be used to pay the purchase price
to the applicable Seller, or ground rent to the applicable Ground Lessor, for the related Land and
any Building thereon and pay Construction Costs related to such Land, and (2) in the case of each
subsequent Funding be paid to the Construction Agent, as agent for the Lessor, for the payment or
reimbursement of Construction Costs incurred through such Funding Date and not previously paid or
reimbursed.

          (ii) Unless the Agent shall have received notice from a Funding Party prior to 11:00 a.m.
(Atlanta, Georgia time) on any proposed Funding Date that the Funding Party will not make available
to the Agent the amount of that Funding Party’s Funded Amounts to be funded on such date, the Agent
may assume that each Funding Party has made such amount available to the Agent on such Funding Date
and the Agent may (but shall not be so required), in reliance upon such assumption, make available
to the Construction Agent on such date a corresponding amount. If and to the extent any Funding
Party shall not have made the full amount of its Funded Amount to be funded on such date available
to the Agent, and the Agent in such circumstances has made available to the Construction Agent the
corresponding amount, such Funding Party shall on the next Business Day following such Funding Date
make such amount available to the Agent. If such amount is so made available, such payment to the
Agent shall constitute such Funding Party’s Funding as of the date such amount is so made available
for all purposes of the Operative Documents. Upon receipt by the Agent of Basic Rent from the
Lessee, the Agent shall be entitled to that portion of such Basic Rent for the period that the
Agent funded such Funding Party’s Funded Amount, and such Funding Party shall be entitled to that
portion of Basic Rent for the period that such Funding Party funded its Funded Amount.
Funding by the Agent shall not be deemed to cure the default by the related Funding Party
resulting from its failure to fund when required hereunder. The Lessee shall have the right to
pursue a cause of action for actual damages against any Funding Party that breaches its obligation
to make a Funding when required hereunder.

     (e) Lessee’s Deemed Representation for Each Funding. Each Funding Request by the
Lessee or the Construction Agent shall be deemed a representation and warranty by the Lessee or the
Construction Agent, as the case may be, to the Agent and the Funding Parties that on the proposed
Closing Date or Funding Date, as the case may be, (i) the amount of Funding requested represents
amounts owing in respect of the purchase price or ground rent of the related Land, and any Building
thereon, and Construction Costs in respect of the Leased Property (in the case of the initial
Funding on a Closing Date) or amounts that are then due to third parties in respect of the
Construction, or amounts paid by the Construction Agent, as agent for the Lessor, to third parties
in respect of the Construction which the Construction Agent has not previously

-4-

 

been reimbursed by a
Funding, (ii) no Event of Default or Potential Event of Default exists, and (iii) the
representations and warranties of CheckFree and the Lessee set forth in Section 4.1 are
true and correct in all material respects as though made on and as of such Funding Date, except to
the extent such representations or warranties relate solely to an earlier date, in which case such
representations and warranties shall have been true and correct in all material respects on and as
of such earlier date.

     (f) Not Joint Obligations. Notwithstanding anything to the contrary set forth herein
or in the other Operative Documents, each Lender’s and the Lessor’s commitments shall be several,
and not joint. In no event shall any Funding Party be obligated to fund, or cause to be funded, an
amount in excess of such Funding Party’s Commitment Percentage of any Funding, or to fund, or cause
to be funded, amounts (including amounts that are capitalized in accordance with Sections
2.3(c) and (e)) in the aggregate in excess of such Funding Party’s Commitment.

     (g) Initial Funding. The Construction Agent may request one or more Fundings
hereunder prior to the Initial Closing Date in order to pay certain fees and expenses related to
the Transaction and certain soft costs related to the Construction. So long as the Construction
Agent has satisfied the conditions precedent set forth in Section 3.2 and in paragraphs
(a) through (c) of Section 3.4, and the Lessor has approved such fees and expenses, the
Lessor shall fund such Funding pursuant to this Master Agreement. Yield on such Funded Amounts
shall be capitalized in accordance with Section 2.3(c). In the event that the Initial
Closing Date does not occur hereunder on or prior to August 15, 2006 (as such date may be extended
by the Lessor), the Construction Agent shall pay to the Lessor on such date an amount equal to
89.95% of that portion of the amounts funded by the Lessor pursuant to this Section 2.2(g)
that would constitute costs that would have been properly capitalizable in accordance with GAAP,
assuming that a Leased Property had been purchased by the Lessor. Upon the Initial Closing Date,
each Lender shall fund an amount equal to its Commitment Percentage of the amounts funded by the
Lessor pursuant to this Section 2.2.(g), including accrued Yield thereon, which funding shall be paid to the Lessor
and shall be applied by the Lessor to pay down its Lessor’s Invested Amount.

     Section 2.3 Funded Amounts and Interest and Yield Thereon; Unused Fee.

     (a) Yield on Lessor’s Invested Amount. The Lessor’s Invested Amount for any Leased
Property outstanding from time to time shall accrue yield (“Yield”) at the same rate as the
interest rate borne by each Lender’s Funded Amounts for such Leased Property.

     (b) Interest on Lender’s Funded Amounts. Each Lender’s Funded Amount for any Leased
Property outstanding from time to time shall accrue interest as provided in the Loan Agreement.

     (c) Interest and Yield During Construction Term. During the Construction Term, in
lieu of the payment of accrued interest, on each Payment Date, each Lender’s Funded Amount in
respect of a Construction Land Interest shall automatically be increased by the amount of interest
accrued and unpaid on the related Loans pursuant to the Loan Agreement during the Rent Period
ending immediately prior to such Payment Date. Similarly, in lieu of the payment of accrued Yield,
on each Payment Date, the Lessor’s Invested Amount in respect of a Construction Land Interest shall
automatically be increased by the amount of Yield accrued on the Lessor’s Invested

-5-

 

Amount in
respect of such Leased Property during the Rent Period ending immediately prior to such Payment
Date. Such increases in Funded Amounts shall occur without any disbursement of funds by the
Funding Parties, and without the need for delivery of a Funding Request. In addition, all
Supplemental Rent payable to the Funding Parties with respect to any Construction Land Interest
during the Construction Term therefor, other than indemnities payable pursuant to Section 3.3 of
the Construction Agency Agreement, shall be capitalized and added to the principal of the related
Loans and the related Lessor’s Invested Amount. In no event shall any Funding Party have any
obligation to fund an amount (including, without limitation, any amount funded by an increase in
such Funding Party’s Funded Amount pursuant to this Section 2.3(c)) in excess of its
Commitment.

     (d) Payment Date Notices. Three Business Days prior to the last day of each Rent
Period, the Lessee shall deliver (which delivery may be by facsimile) to the Lessor and the Agent a
notice substantially in the form of Exhibit I (each, a “Payment Date Notice”),
appropriately completed, specifying the allocation of the Funded Amounts related to such Rent
Period to LIBOR Advances and Base Rate Advances and the Rent Periods therefor, provided
that no such allocation to LIBOR Advances shall be in an amount less than $1,000,000. Each such
Payment Date Notice shall be irrevocable. If no such notice is given, the Funded Amounts shall be
allocated to a LIBOR Advance with a Rent Period of three (3) months.

     (e) Unused Fee. The Lessee agrees to pay to the Agent, for the pro rata benefit of
the Funding Parties, an unused fee for each day from the date hereof until the Funding Termination
Date equal to (i) the Fee Percentage times (ii) the aggregate Commitments, minus
the Funded Amounts on such day, times (iii) 1/360. Such fees shall be payable in arrears
on each Quarterly Payment Date and, prior to the Funding Termination Date, shall be paid by
automatically increasing the Funded Amounts by the amount of such accrued fee. Such increases in
the Funded Amounts shall occur without any disbursement of funds by the Funding Parties, and
without the need for delivery of a Funding Request.

     (f) Prepaid Rent. On the second Payment Date to occur after the Funding Termination
Date, the Lessee shall make a prepayment of Basic Rent (in addition to the Basic Rent otherwise due
on such Payment Date) in an aggregate amount equal to $500,000 (the “Prepaid Rent Amount”).
Such Prepaid Rent Amount shall be held by the Lessor, and shall be paid over by the Lessor to the
Agent on each subsequent Payment Date(s) occurring after the end of the fiscal quarter in which the
payment of the Prepaid Rent Amount is made to be credited against the Lessee’s obligation to pay
Basic Rent on such Payment Date(s) until such Prepaid Rent Amount has been reduced to zero. Such
prepayment of Basic Rent shall occur after the Completion Date has occurred with respect to each
Leased Property and shall not affect the calculation of interest on the Loans or Yield. If an
Event of Default exists and the Agent so requests, the Lessor shall turn over the remaining Prepaid
Rent Amount, if any, to the Agent for application in accordance with this Master Agreement.

     Section 2.4 Lessee Owner for Tax Purposes. With respect to each Leased Property, it
is the intent of the Lessee and the Funding Parties that for federal, state and local tax
(including sales and use taxes) purposes and commercial and bankruptcy law purposes the Lease shall
be treated as the repayment and security provisions of a loan by the Lessor to the Lessee, and that
the Lessee shall be treated as the legal and beneficial owner entitled to any and all benefits and

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burdens of ownership of such Leased Property and all payments of Basic Rent during the Lease Term
shall be treated as payments of interest. To the extent allowable under applicable law, each of
the Lessee and each Funding Party agrees to file or cause to be filed all federal, state and local
tax returns filed by it or on its behalf consistently with such intent. Each of Guarantor and the
Lessee acknowledges and agrees that neither the Agent, nor any Funding Party, nor any other Person
has made any representations or warranties concerning the tax, financial, accounting or legal
characteristics or treatment of the Operative Documents and that each of Guarantor and the Lessee
has obtained and relied solely upon the advice of its own tax, accounting and legal advisors
concerning the Operative Documents and the accounting, tax, financial and legal consequences of the
transactions contemplated therein.

ARTICLE III

CONDITIONS PRECEDENT; DOCUMENTS

     Section 3.1 Conditions to the Obligations of the Funding Parties on each Closing Date.
The obligations of the Lessor and each Lender to carry out their respective obligations under
Article II of this Master Agreement and Section 2.1 of the Loan Agreement to be performed
on the Closing Date with respect to any Land and any Building thereon shall be subject to the
fulfillment to the satisfaction of, or waiver by, each such party hereto (acting directly or
through its counsel), on or prior to such Closing Date of the following conditions precedent,
provided that the obligations of any Funding Party shall not be subject to any conditions
contained in this Section 3.1 which are required to be performed by such Funding Party:

     (a) Documents. The following documents shall have been executed and delivered by the
respective parties thereto:

          (i) Deed and Purchase Agreement; Ground Lease. The related original Deed duly
executed by the applicable Seller in favor of the Lessor and in recordable form, and copies of the
related Purchase Agreement, assigned to the Lessor (unless Lessor is the original party thereto),
shall each have been delivered to the Agent by the Lessee, with copies thereof to each other
Funding Party or the related Ground Lease, duly assigned to the Lessor (unless Lessor is the
original party thereto), shall have been delivered to the Agent, with copies thereof to each other
Funding Party, as applicable (it being understood, that each Purchase
Agreement and each Ground Lease shall be reasonably satisfactory in form and substance to the
Lessor and the Lenders).

          (ii) Lease Supplement. The original of the related Lease Supplement, duly executed by
the Lessee and the Lessor and in recordable form, shall have been delivered to the Agent by the
Lessee.

          (iii) Mortgage and Assignment of Lease and Rents. Counterparts of the Mortgage
(substantially in the form of Exhibit D-1 or D-2, as the case may be, attached
hereto), duly executed by the Lessor and in recordable form, shall have been delivered to the Title
Company for recording; and the Assignment of Lease and Rents (substantially in the form of
Exhibit B attached hereto) in recordable form, duly executed by the Lessor, shall have been
delivered to the Title Company for recording.

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          (iv) Security Agreement and Assignment. If Buildings are to be constructed on the
Land, counterparts of the Security Agreement and Assignment (substantially in the form of
Exhibit C attached hereto), duly executed by the Construction Agent, with an acknowledgment
and consent thereto satisfactory to
the Lessor and the Agent duly executed by the related General Contractor and the related
Architect or Engineer, as applicable, and complete copies of the related Construction Contract and
the related Architect’s Agreement or Engineer’s Agreement certified by the Construction Agent,
shall have been delivered to the Lessor and the Agent (it being understood and agreed that if no
related Construction Contract, Architect’s Agreement or Engineer’s Agreement exists on such Closing
Date, such delivery shall not be a condition precedent to the Funding on such Closing Date, and in
lieu thereof the Construction Agent shall deliver complete copies of such Security Agreement and
Assignment and consents concurrently with the Construction Agent’s entering into such contracts).
If such Leased Property is a Construction Land Interest, counterparts of the supplement to the
Construction Agency Agreement for such Leased Property, duly executed by the Construction Agent and
the Lessor, and the Construction Budget for such Leased Property shall have been delivered to the
Agent.

          (v) Survey. The Lessee shall have delivered, or shall have caused to be delivered, to
the Lessor and the Agent, an accurate survey certified to the Lessor and the Agent in a form
reasonably satisfactory to the Lessor and the Agent and prepared within ninety (90) days of such
Closing Date (or such other time period agreed to by the Lessor and the Agent) by a Person
reasonably satisfactory to the Lessor and the Agent. Such survey shall (1) be acceptable to the
Title Insurance Company for the purpose of providing extended coverage to the Lessor and a lender’s
comprehensive endorsement to the Agent, (2) show no encroachments on such Land by structures owned
by others, and no encroachments from any part of such Leased Property onto any land owned by
others, and (3) disclose no state of facts reasonably objectionable to the Lessor, the Agent or the
Title Insurance Company, and be reasonably acceptable to each such Person.

          (vi) Title and Title Insurance. On such Closing Date, the Lessor shall receive from a
title insurance company reasonably acceptable to the Lessor and the Agent an ALTA Owner’s Policy of
Title Insurance issued by such title insurance company and the Agent shall receive from such title
insurance company an ALTA Mortgagee’s Policy of Title Insurance issued by such title insurance
company, in each case, in the amount of the projected cost of acquisition and construction of such
Leased Property, reasonably acceptable in form and substance to the Lessor and the Agent,
respectively (collectively, the “Title Policy”). The Title Policy shall be dated as of
such Closing Date, and, to the extent permitted under Applicable Law, shall include such
affirmative endorsements as the Lessor or the Agent shall reasonably request.

          (vii) Appraisal. Unless such Leased Property is a Construction Land Interest, each
Funding Party shall have received a report of the Appraiser (an “Appraisal”), which shall
meet the requirements of the Financial Institutions Reform, Recovery and Enforcement Act of 1989,
shall be satisfactory to such Funding Party and shall state in a manner satisfactory to such
Funding Party the estimated “as vacant” value of such Land and existing Buildings or any Building
to be constructed thereon. Such Appraisal must show that the “as vacant” value of such Leased
Property is at least equal to the greater of (A) 45% of the total cost of such Leased
Property, including the cost of the trade fixtures, equipment and personal property related to such

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Leased Property and to be funded by the Funding Parties and (B) three (3) times the sum of
the expected B Allocated Amount and B Loans that will be drawn to fund a portion of the total cost
of such Leased Property, including the cost of the trade fixtures, equipment and personal property
related to such Leased Property and to be funded by the Funding Parties.

          (viii) Environmental Audit and related Reliance Letter. The Lessor and the Agent
shall have received an Environmental Audit for such Leased Property, which shall be conducted in
accordance with ASTM standards and shall not include a recommendation for further investigation and
is otherwise satisfactory to the Lessor and the Agent; and the firm that prepared the Environmental
Audit for such Leased Property shall have delivered to the Lessor and the Agent a letter stating
that the Lessor, the Agent and the Lenders may rely upon such firm’s Environmental Audit of such
Land, it being understood that the Lessor’s and the Agent’s acceptance of any such
Environmental Audit shall not release or impair the Guarantor’s or the Lessee’s obligations under
the Operative Documents with respect to any environmental liabilities relating to such Leased
Property.

          (ix) Evidence of Insurance. The Lessor and the Agent shall have received from the
Lessee certificates of insurance evidencing compliance with the provisions of Article VIII of the
Lease or, if such Land is a Construction Land Interest, evidencing compliance with Section 2.9 of
the Construction Agency Agreement (including the naming of the Lessor, the Agent and the Lenders as
additional insured or loss payee with respect to such insurance, as their interests may appear), in
form and substance reasonably satisfactory to the Lessor and the Agent.

          (x) UCC Financing Statement; Recording Fees; Transfer Taxes. Each Funding Party shall
have received satisfactory evidence of (1) the execution and delivery to Agent of a UCC-1 and, if
required by applicable law, UCC-2 financing statement to be filed with the Secretary of State of
the applicable State (or other appropriate filing office) and the county where the related Land is
located, respectively, and such other Uniform Commercial Code financing statements as any Funding
Party deems necessary or desirable in order to perfect such Funding Party’s interests and (2) the
payment of all recording and filing fees and taxes with respect to any recordings or filings made
of the related Deed, the related Lease Supplement, the related Mortgage and the related Assignment
of Lease and Rents.

          (xi) Opinions. An opinion of local counsel for the Lessee qualified in the
jurisdiction in which such Leased Property is located, substantially in the form set forth in
Exhibit G attached hereto, and containing such other matters as the parties to whom they
are addressed shall reasonably request, shall have been delivered and addressed to each of the
Lessor, the Agent and the Lenders.

          (xii) Good Standing Certificates. The Agent shall have received good standing certificates for the
Lessee from the
appropriate offices of the state where the related Land is located.

     (b) Litigation. No action or proceeding shall have been instituted or, to the
knowledge of any Funding Party, threatened nor shall any governmental action, suit, proceeding or
investigation be instituted or threatened before any Governmental Authority, nor shall any order,
judgment or decree have been issued or proposed to be issued by any Governmental

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Authority, to set
aside, restrain, enjoin or prevent the performance of this Master Agreement or any transaction
contemplated hereby or by any other Operative Document or which is reasonably likely to materially
adversely affect any Leased Property or any transaction contemplated by the Operative Documents or
which would reasonably be expected to result in a Material Adverse Effect.

     (c) Legality. In the opinion of such Funding Party or its counsel, the transactions
contemplated by the Operative Documents shall not violate any Applicable Law, and no change shall
have occurred or been proposed in Applicable Law that would make it illegal for such Funding Party
to participate in any of the transactions contemplated by the Operative Documents.

     (d) No Events. (i) No Event of Default, Potential Event of Default, Event of Loss or
Event of Taking relating to such Leased Property shall have occurred and be continuing, (ii) no
action shall be pending or threatened by a Governmental Authority to initiate a Condemnation or an
Event of Taking, and (iii) there shall not have occurred any event that would reasonably be
expected to have a Material Adverse Effect since June 30, 2005.

     (e) Representations. Each representation and warranty of the parties hereto or to any
other Operative Document contained herein or in any other Operative Document shall be true and
correct in all material respects as though made on and as of such Closing Date, except to the
extent such representations or warranties relate solely to an earlier date, in which case such
representations and warranties shall have been true and correct in all material respects on and as
of such earlier date.

     (f) Cutoff Date. No Closing Date shall occur after the Funding Termination Date.

     (g) Use and Expected Cost. Such Leased Property shall be a data center with an
expected total cost in excess of $40,000,000.

     (h) Approval. The Agent shall have approved such Leased Property for inclusion in the
Lease, which approval shall not be unreasonably withheld.

     Section 3.2 Additional Conditions for the First Funding. The first Funding under this
Master Agreement and Section 2.1 of the Loan Agreement shall be subject to the satisfaction of, or
waiver by, each such party hereto (acting directly or through its counsel), on or prior to such
Funding Date of the following conditions precedent in addition to those set forth in Section
3.1, provided that the obligations of any Funding Party shall not be subject to any conditions
contained in this Section 3.2 which are required to be performed by such Funding Party:

          (i) Loan Agreement; Guaranty Agreement. Counterparts of the Loan Agreement, duly
executed by the Lessor, the Agent and each Lender shall have been delivered to each of the Lessor
and the Agent. The Note, duly executed by the Lessor, shall have been delivered to the Agent. The
Guaranty Agreement, duly executed by the Guarantor, and the Subsidiary Guaranty Agreement, duly
executed by the Subsidiary Guarantors, shall have been delivered to the Agent.

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          (ii) Master Agreement. Counterparts of this Master Agreement, duly executed by the
parties hereto, shall have been delivered to each of the parties hereto.

          (iii) Construction Agency Agreement. Counterparts of the Construction Agency
Agreement, duly executed by the parties thereto shall have been delivered to each of the parties
hereto.

          (iv) Lease. Counterparts of the Lease, duly executed by the Lessee and the Lessor,
shall have been delivered to each Funding Party and the original, chattel paper copy of the Lease
shall have been delivered to the Agent.

          (v) Lessee’s Resolutions and Incumbency Certificate, etc. Each of the Agent and the
Lessor shall have received (x) a certificate of the Secretary or an Assistant Secretary of each
CheckFree Party, attaching and certifying as to the incumbency and signatures of persons authorized
to execute and deliver such documents on its behalf, and (y) good standing or active status
certificates for each CheckFree Party from the appropriate offices of the states of such CheckFree
Party’s incorporation and principal place of business.

     Section 3.3 Conditions to the Obligations of Lessee. The obligations of the Lessee to lease a Leased Property from the Lessor are subject to the
fulfillment on the related Closing Date to the satisfaction of, or waiver by, the Lessee, of the
following conditions precedent:

     (a) General Conditions. The conditions set forth in Sections 3.1 and
3.2 that require fulfillment by the Lessor or the Lenders shall have been satisfied.

     (b) Legality. In the opinion of the Lessee or its counsel, the transactions
contemplated by the Operative Documents shall not violate any Applicable Law, and no change shall
have occurred or been proposed in Applicable Law that would make it illegal for the Lessee to
participate in any of the transactions contemplated by the Operative Documents.

     (c) Purchase Agreement; Ground Lease. The Purchase Agreement and, if applicable, the
Ground Lease and all documents to be delivered under the Purchase Agreement or Ground Lease,
including title insurance, survey and environmental audit, shall be reasonably satisfactory to the
Lessee.

     Section 3.4 Conditions to the Obligations of the Funding Parties on each Funding Date.
The obligations of the Lessor and each Lender to carry out their respective obligations under
Article II of this Master Agreement and Section 2.1 of the Loan Agreement to be performed
on each Funding Date shall be subject to the fulfillment to the satisfaction of, or waiver by, each
such party hereto (acting directly or through their respective counsel) on or prior to each such
Funding Date of the following conditions precedent, provided that the obligations of any
Funding Party shall not be subject to any conditions contained in this Section 3.4 which
are required to be performed by such Funding Party:

     (a) Funding Request. The Lessor and the Agent shall have received from the
Construction Agent or the Lessee the Funding Request therefor pursuant to Section 2.2(d).

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     (b) Condition Fulfilled. As of such Funding Date, the conditions set forth in
Sections 3.1(c) and (d) shall have been satisfied.

     (c) Representations. As of such Funding Date, both before and after giving effect to
the Funding requested by the Construction Agent or the Lessee on such date, the representations and
warranties that the Construction Agent or the Lessee is deemed to make pursuant to Section
2.2(e) shall be true and correct in all material respects on and as of such Funding Date as
though made on and as of such
Funding Date, except to the extent such representations or warranties relate solely to an
earlier date, in which case such representations and warranties shall have been true and correct in
all material respects on and as of such earlier date.

     (d) No Bonded Stop Notice or Filed Mechanics Lien. As of such Funding Date, and as to
any Funded Amount requested for any Leased Property on such Funding Date, (i) none of the Lessor,
the Agent or any Lender has received (with respect to such Leased Property) a bonded notice to
withhold funds that has not been discharged by the Lessee or the Construction Agent, and (ii) no
mechanic’s liens or materialman’s liens have been filed against such Leased Property that have not
been discharged by the Lessee, bonded over in a manner reasonably satisfactory to the Agent or
insured over by the Title Insurance Company.

     (e) Lease Supplement. If the Funding relates to a Building that will be leased under
a Lease Supplement separate from the Lease Supplement for the related Land, the original of such
separate Lease Supplement, duly executed by the Lessee and the Lessor and in recordable form, shall
have been delivered to the Agent.

Notwithstanding anything to the contrary set forth in this Master Agreement, so long as no Event of
Default under paragraph (i), (j) or (k) of Article XII of the Lease has occurred and the
Construction Agent has not committed any fraudulent or illegal acts, misapplied any funds or
engaged in willful misconduct, the Funding Parties shall be obligated to fund Construction Costs
that the Construction Agent has incurred prior to the date that the Construction Agent receives a
notice from the Agent stating that an Event of Default or a Construction Agency Event has occurred
or that the conditions precedent set forth in this Section 3.4 have not been fulfilled with
respect to any requested Funding and that no further Construction Costs will be reimbursed
hereunder unless and until such notice is withdrawn.

     Section 3.5 Completion Date Conditions. The occurrence of the Completion Date with
respect to any Leased Property shall be subject to the fulfillment to the satisfaction of, or
waiver by, each party hereto (acting directly or through its counsel) of the following conditions
precedent:

     (a) Certificate of Occupancy. The Construction Agent shall have furnished to the
Agent copies of a certificate or certificates of occupancy for such Leased Property or other
legally equivalent permission to occupy such Leased Property.

     (b) Construction Completion. Any related Construction shall have been completed
substantially in accordance with the related Plans and Specifications (subject to punch list
requirements) and all Applicable Laws, and such Leased Property shall be ready for occupancy and
operation. All fixtures, equipment
and other property contemplated under the Plans and

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Specifications to be incorporated into or
installed in such Leased Property shall have been substantially incorporated or installed, free and
clear of all Liens except for Permitted Liens.

     (c) Construction Agent Certification. The Construction Agent shall have furnished the
Lessor, the Agent and each Lender with a certification of the Construction Agent (substantially in
the form of Exhibit H) that:

          (i) all amounts owing to third parties for the related Construction have been paid in full
(other than contingent obligations for which the Construction Agent, as agent for the Lessor, has
made adequate reserves), and no litigation or proceedings are pending, or to the best of the
Construction Agent’s knowledge, are threatened, against such Leased Property or the Construction
Agent or the Lessee which could reasonably be expected to have a Material Adverse Effect;

          (ii) all material consents, licenses and permits and other governmental authorizations or
approvals required for such Construction and operation of such Leased Property have been obtained
and are in full force and effect;

          (iii) such Leased Property has available all services of utilities necessary for use and
operation of such Leased Property for its intended purposes including, without limitation, adequate
water, gas and electrical supply, storm and sanitary sewerage facilities, telephone, other required
public utilities and means of access between the related Building and public highways for
pedestrians and motor vehicles;

          (iv) all material agreements, easements and other rights, public or private, which are
necessary to permit the lawful use and operation of such Leased Property as the Lessee intends to
use such Leased Property under the Lease and which are necessary to permit the lawful intended use
and operation of all then intended utilities, driveways, roads and other means of egress and
ingress to and from the same have been obtained and are in full force and effect and neither the
Construction Agent nor the Lessee has any knowledge of any pending modification or cancellation of
any of the same; and the use of such Leased Property does not depend on any variance, special
exception or other municipal approval, permit or consent that has not been obtained and is in full
force and effect for its continuing legal use;

          (v) all of the requirements and conditions set forth in Section 3.5(b) hereof have
been completed and fulfilled with respect to such Leased Property and the related Construction; and

          (vi) such Leased Property is in compliance in all material respects with all applicable zoning
laws and regulations.

     Section 3.6 Delivery of Appraisal for Construction Land Interests. With respect to
each Construction Land Interest, the Lessee shall have until the date that is three (3) months
after the Closing Date for such Construction Land Interest to deliver an Appraisal with respect to
such Leased Property to the Agent and the Funding Parties, which
Appraisal shall meet the requirements of the Financial Institutions Reform, Recovery and
Enforcement Act of 1989, shall be satisfactory to each Funding Party and shall state in a manner
satisfactory to such Funding Party the estimated “as vacant” value of such Land and existing
Buildings or any Building to be

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constructed thereon. Such Appraisal must show that the “as vacant”
value of such Leased Property (determined as if the Building had already been completed in
accordance with the related Plans and Specifications and by excluding from such value the amount of
assessments on such Leased Property) is at least equal to the greater of (A) 45% of the total cost
of such Leased Property, including the cost of the trade fixtures, equipment and personal property
related to such Leased Property and to be funded by the Funding Parties and (B) three (3)
times the sum of the expected B Allocated Amount and B Loans that will be drawn to fund a
portion of the total cost of such Leased Property, including the cost of the trade fixtures,
equipment and personal property related to such Leased Property and to be funded by the Funding
Parties. The failure by the Lessee to deliver an Appraisal meeting the standards described in the
foregoing sentence within the time period set forth therein shall be an immediate Event of Default,
which Event of Default shall be curable if the Lessee purchases the related Construction Land
Interest within ten (10) Business Days of the declaration of such Event of Default by the Lessor or
the Agent for a purchase price equal to the Leased Property Balance therefor.

ARTICLE IV

REPRESENTATIONS

     Section 4.1 Representations of CheckFree and other Lessee. Effective as of the date
of execution hereof, as of each Closing Date and as of each Funding Date, each of CheckFree and the
Lessee represents and warrants to each of the other parties hereto as follows:

     (a) Existence; Power. Each CheckFree Party (i) is duly organized and validly existing
under the laws of the jurisdiction of its organization, (ii) has all requisite corporate power and
authority to carry on its business as now conducted, and (iii) is duly qualified to do business,
and is in good standing, in each jurisdiction where such qualification is required, except where a
failure to be so qualified could not reasonably be expected to result in a Material Adverse Effect.

     (b) Organizational Power; Authorization. The execution, delivery and performance by
each CheckFree Party of the Operative Documents to which it is a party are within such CheckFree
Party’s organizational powers and have been duly authorized by all necessary organizational, and if
required, shareholder, partner or member, action. This Master Agreement has been duly executed and
delivered by each CheckFree Party that is a party hereto, and constitutes, and each other Operative
Document to which any CheckFree Party is a party, when executed and delivered by such CheckFree
Party, will constitute, valid and binding obligations of such CheckFree Party, enforceable against
it in accordance with their respective terms, except as may be limited by applicable bankruptcy,
insolvency, reorganization, moratorium, or similar laws affecting the enforcement of
creditors’ rights generally and by general principles of equity.

     (c) Governmental Approvals; No Conflicts. The execution, delivery and performance by
each CheckFree Party of this Master Agreement and each other Operative Document to which it is a
party (i) do not require any consent or approval of, registration or filing with, or any action by,
any Governmental Authority, except those as have been obtained or made and are in full force and
effect, (ii) will not violate any Requirements of Law applicable to any CheckFree Party or any of
its Subsidiaries or any judgment, order or ruling of any Governmental Authority, (iii) will not
violate or result in a default under any indenture, material

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agreement or other material instrument
binding on any CheckFree Party or any of its Subsidiaries or any of its assets or give rise to a
right thereunder to require any payment to be made by any CheckFree Party or any of its
Subsidiaries and (iv) will not result in the creation or imposition of any Lien on any asset of any
CheckFree Party or any of its Subsidiaries, except Liens (if any) created under the Operative
Documents.

     (d) Financial Statements. CheckFree has furnished to the Agent and each Funding Party
(i) the audited consolidated balance sheet of CheckFree and its Subsidiaries as of June 30, 2005
and the related consolidated statements of income, shareholders’ equity and cash flows for the
Fiscal Year then ended audited by Deloitte & Touche, LLP and (ii) the unaudited consolidated
balance sheet of CheckFree and its Subsidiaries as of December 31, 2005, and the related unaudited
consolidated statements of income and cash flows for the Fiscal Quarter and year-to-date period
then ending, certified by a Responsible Officer. Such financial statements fairly present the
consolidated financial condition of CheckFree and its Subsidiaries as of such dates and the
consolidated results of operations for such periods in conformity with GAAP consistently applied.
Since June 30, 2005, there have been no changes with respect to any CheckFree Party and its
Subsidiaries which have had or could reasonably be expected to have, singly or in the aggregate, a
Material Adverse Effect.

     (e) Litigation and Environmental Matters.

          (i) No litigation, investigation or proceeding of or before any arbitrators or Governmental
Authorities is pending against or, to the knowledge of the CheckFree Parties, threatened against or
affecting any CheckFree Party or any of its Subsidiaries (i) as to which there is a reasonable
possibility of an adverse determination that could reasonably be expected to have, either
individually or in the aggregate, a Material Adverse Effect or (ii) which in any manner draws into
question the validity or enforceability of this Master Agreement or any other Operative Document.

          (ii) Except for the matters set forth on Schedule 4.1(e) or except for matters that
could not reasonably be expected to have, either individually or in the aggregate, a Material
Adverse Effect, none of the CheckFree Parties or any of their Subsidiaries (1) has failed to comply
with any Environmental Law or to obtain, maintain or comply with any permit, license
or other approval required under any Environmental Law, (2) has become subject to any
Environmental Liability, (3) has received notice of any claim with respect to any Environmental
Liability or (4) knows of any basis for any Environmental Liability.

     (f) Compliance with Laws and Agreements. Each CheckFree Party and each Subsidiary is
in compliance with (i) all Requirements of Law and all judgments, decrees and orders of any
Governmental Authority and (ii) all indentures, agreements or other instruments binding upon it or
its properties, except where non-compliance with either of subsections (i) or (ii),
either singly or in the aggregate, could not reasonably be expected to result in a Material Adverse
Effect.

     (g) Investment Company Act, Etc. None of the CheckFree Parties nor any of their
Subsidiaries is (i) an “investment company” or is “controlled” by an “investment company”, as such
terms are defined in, or subject to regulation under, the Investment Company Act of 1940,

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as
amended, (ii) a “holding company” as defined in, or subject to regulation under, the Public Utility
Holding Company Act of 1935, as amended or (iii) otherwise subject to any other regulatory scheme
limiting its ability to incur debt.

     (h) Taxes. Each CheckFree Party and its Subsidiaries and each other Person for whose
taxes any CheckFree Party or any Subsidiary are liable have timely filed or caused to be filed all
Federal income tax returns and all other material tax returns that are required to be filed by
them, and have paid all taxes shown to be due and payable on such returns or on any assessments
made against it or its property and all other taxes, fees or other charges imposed on it or any of
its property by any Governmental Authority, except where the same are currently being contested in
good faith by appropriate proceedings and for which any CheckFree Party or such Subsidiary, as the
case may be, has set aside on its books adequate reserves. The charges, accruals and reserves on
the books of any CheckFree Party and its Subsidiaries in respect of such taxes are adequate, and no
tax liabilities that could be materially in excess of the amount so provided are anticipated.

     (i) Margin Regulations. None of the proceeds of any of the Fundings will be used,
directly or indirectly, for “purchasing” or “carrying” any “margin stock” with the respective
meanings of each of such terms under Regulation U of the Board of Governors of the Federal Reserve
System as now and from time to time hereafter in effect or for any purpose that violates the
provisions of Regulation U. None of the CheckFree Parties nor any of their Subsidiaries is engaged
principally, or as one of its important activities, in the business of extending credit for the
purpose of purchasing or carrying “margin stock.”

     (j) ERISA. No ERISA Event has occurred or is reasonably expected to occur that, when
taken together with all other such ERISA Events for which liability is reasonably expected to
occur,
could reasonably be expected to result in a Material Adverse Effect. The present value of
all accumulated benefit obligations under each Plan (based on the assumptions used for purposes of
Statement of Financial Standards No. 87) did not, as of the date of the most recent financial
statements reflecting such amounts, exceed the fair market value of the assets of such Plan, and
the present value of all accumulated benefit obligations of all underfunded Plans (based on the
assumptions used for purposes of Statement of Financial Standards No. 87) did not, as of the date
of the most recent financial statements reflecting such amounts, exceed the fair market value of
the assets of all such underfunded Plans, in each case by an amount in excess of $25,000,000.

     (k) Ownership of Property.

          (i) Each of the CheckFree Parties and their Subsidiaries has good title to, or valid leasehold
interests in, all of its real and personal property material to the operation of its business,
including all such properties reflected in the most recent audited consolidated balance sheet of
CheckFree referred to in Section 4.1(d) or purported to have been acquired by any CheckFree
Party or any Subsidiary after said date (except as sold or otherwise disposed of in the ordinary
course of business), in each case free and clear of Liens prohibited by this Master Agreement. All
leases of the CheckFree Parties and their Subsidiaries are valid and subsisting and are in full
force, except when the failure to be so valid or in force and effect would not have a Material
Adverse Effect.

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          (ii) Each of the CheckFree Parties and their Subsidiaries owns, or is licensed, or otherwise
has the right to use, all patents, trademarks, service marks, trade names, copyrights and other
intellectual property used in its business, and the use thereof by the CheckFree Parties and their
Subsidiaries does not infringe on the rights of any other Person, except to the extent that the
failure or infringement thereof would not have a Material Adverse Effect.

          (iii) The properties of the CheckFree Parties and their Subsidiaries are insured with
financially sound and reputable insurance companies which are not Affiliates of the CheckFree
Parties (other than self insurance through a captive insurance Subsidiary that is not a Material
Subsidiary, either initially upon investment into such Subsidiary or thereafter, for liabilities
not currently insured by the CheckFree Parties and their Subsidiaries on the Initial Closing Date
and other self insurance through such captive insurance Subsidiary as the Required Funding Parties
may approve, such approval not to be unreasonably withheld or delayed), in such amounts with such
deductibles and covering such risks as are customarily carried by companies engaged in similar
businesses and owning similar properties in localities where any CheckFree Party or any applicable
Subsidiary operates.

     (l) Disclosure. None of the reports (including without limitation all reports that
any CheckFree Party is required to file with the Securities and Exchange Commission), financial
statements, certificates or other information furnished by or on behalf of any CheckFree Party to
the Agent or any Funding Party in connection with the negotiation or syndication of this Master
Agreement or any other Operative Document or delivered hereunder or thereunder (as modified or
supplemented by
any other information so furnished) contains any material misstatement of fact or omits to
state any material fact necessary to make the statements therein, taken as a whole, in light of the
circumstances under which they were made, not misleading; provided, that with respect to
projected financial information, the CheckFree Parties represent only that such information was
prepared in good faith based upon assumptions believed to be reasonable at the time.

     (m) Labor Relations. There are no strikes, lockouts or other material labor disputes
or grievances against any CheckFree Party or any of its Subsidiaries, or, to any CheckFree Party’s
knowledge, threatened against or affecting any CheckFree Party or any of its Subsidiaries, and no
significant unfair labor practice, charges or grievances are pending against any CheckFree Party or
any of its Subsidiaries, or to any CheckFree Party’s knowledge, threatened against any of them
before any Governmental Authority which strikes, lockouts, disputes, grievances or charges could
individually or in the aggregate, reasonably be expected to cause a Material Adverse Effect.. All
payments due from any CheckFree Party or any of its Subsidiaries pursuant to the provisions of any
collective bargaining agreement have been paid or accrued as a liability on the books of such
CheckFree Party or any such Subsidiary, except where the failure to do so could not reasonably be
expected to have a Material Adverse Effect.

     (n) Subsidiaries Schedule 4.1(n) sets forth the name of, the ownership
interest of each CheckFree Party in, the jurisdiction of incorporation of, and the type of, each
Subsidiary and identifies each Subsidiary that is a CheckFree Party, in each case as of the Initial
Closing Date.

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     (o) Insolvency. After giving effect to the execution and delivery of the Operative
Documents, the Fundings under this Master Agreement, neither CheckFree nor its Subsidiaries will be
“insolvent,” within the meaning of such term as defined in §101 of Title 11 of the United States
Code, as amended from time to time, or be unable to pay its debts generally as such debts become
due, or have an unreasonably small capital to engage in any business or transaction, whether
current or contemplated.

     (p) OFAC. No CheckFree Party (i) is a person whose property or interest in property
is blocked or subject to blocking pursuant to Section 1 of Executive Order 13224 of September 23,
2001 Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or
Support Terrorism (66 Fed. Reg. 49079 (2001)), (ii) engages in any dealings or transactions
prohibited by Section 2 of such executive order, or is otherwise associated with any such person in
any manner violative of Section 2, or (iii) is a person on the list of Specially Designated
Nationals and Blocked Persons or subject to the limitations or prohibitions under any other U.S.
Department of Treasury’s Office of Foreign Assets Control regulation or executive order.

     (q) Patriot Act. Each CheckFree Party is in compliance, in all material respects, with the (i) the Trading
with the Enemy Act, as amended, and each of the foreign assets control regulations of the United
States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended) and any other enabling
legislation or executive order relating thereto, and (ii) the Uniting And Strengthening America By
Providing Appropriate Tools Required To Intercept And Obstruct Terrorism (USA Patriot Act of 2001).
No part of the proceeds of the Fundings will be used, directly or indirectly, for any payments to
any governmental official or employee, political party, official of a political party, candidate
for political office, or anyone else acting in an official capacity, in order to obtain, retain or
direct business or obtain any improper advantage, in violation of the United States Foreign Corrupt
Practices Act of 1977, as amended.

     (r) Hazardous Materials — Leased Properties.

          (i) Except as described in the related Environmental Audit, on the Closing Date for each
Leased Property, there are no Hazardous Materials present at, upon, under or within such Leased
Property or released or transported to or from such Leased Property (except in compliance in all
material respects with all Applicable Law).

          (ii) On the related Closing Date, no Governmental Actions have been taken or are in process or
have been threatened, which could reasonably be expected to subject such Leased Property, any
Lender or the Lessor to any material Claims or Liens with respect to such Leased Property under any
Environmental Law or would otherwise have a Material Adverse Effect.

          (iii) The Lessee has, or will obtain on or before the date required by Applicable Law, all
Environmental Permits necessary to operate each Leased Property, if any, in accordance with
Environmental Laws and is complying with and has at all times complied with all such Environmental
Permits, except to the extent the failure to obtain such Environmental Permits or to so comply
would not have a Material Adverse Effect.

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          (iv) Except as set forth in the related Environmental Audit or in any notice subsequently
furnished by the Lessee to the Agent and approved by the Agent in writing prior to the respective
times that the representations and warranties contained herein are made or deemed made hereunder,
no notice, notification, demand, request for information, citations, summons, complaint or order
has been issued or filed to or with respect to the Lessee, no penalty has been assessed on the
Lessee and no investigation or review is pending or, to its best knowledge, threatened by any
Governmental Authority or other Person in each case relating to any Leased Property with respect to
any alleged material violation or liability of the Lessee under any Environmental Law. To the best
knowledge of the Lessee, no material notice, notification, demand, request for information,
citations, summons, complaint or order has been issued or filed to or with respect to any other
Person, no material penalty has been assessed on any other Person and no investigation or review is
pending or threatened by any Governmental Authority or other Person relating to any Leased Property
with respect to any alleged material violation or liability under any Environmental Law by any
other Person.

          (v) Each Leased Property and each portion thereof are presently in compliance in all material
respects with all Environmental Laws, and, to the best knowledge of the Lessee, there are no
present or past facts, circumstances, activities, events, conditions or occurrences regarding such
Leased Property (including without limitation the release or presence of Hazardous Materials) that
would reasonably be anticipated to (A) form the basis of a material Claim against such Leased
Property, any Funding Party or the Lessee, (B) cause such Leased Property to be subject to any
material restrictions on ownership, occupancy, use or transferability under any Environmental Law,
(C) require the filing or recording of any notice or restriction relating to the presence of
Hazardous Materials in the real estate records in the county or other appropriate municipality in
which such Leased Property is located, other than notices filed in the ordinary cause of business,
or (D) prevent or materially interfere with the continued operation and maintenance of such Leased
Property as contemplated by the Operative Documents.

     (s) Leased Property. The present condition of each Leased Property conforms in all
material respects with all conditions or requirements of all existing permits and approvals issued
with respect to such Leased Property, and the Lessee’s future intended use of such Leased Property
under the Lease does not violate any Applicable Law. To the best knowledge of the Lessee, no
material notices, complaints or orders of violation or non-compliance have been issued or
threatened or contemplated by any Governmental Authority with respect to any Leased Property or any
present or intended future use thereof. All material agreements, easements and other rights,
public or private, which are necessary to permit the lawful use and operation of each Leased
Property as the Lessee intends to use such Leased Property under the Lease and which are necessary
to permit the lawful intended use and operation of all presently intended utilities, driveways,
roads and other means of egress and ingress to and from the same have been, or to the Lessee’s best
knowledge will be, obtained and are or will be in full force and effect, and the Lessee has no
knowledge of any pending material modification or cancellation of any of the same.

     Section 4.2 Effect of Fundings. Each Funding accepted by the Lessee or the
Construction Agent shall be deemed to constitute a representation and warranty by CheckFree and the
Lessee that the representations and warranties set forth in Section 4.1 are true and
correct in all material respects as of the date of such Funding.

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     Section 4.3 Representations of the Lessor. Effective as of the date of execution
hereof, as of each Closing Date and as of each Funding Date, in each case, with respect to each of
the Leased Properties, the Lessor represents and warrants to the Agent, the Lenders and the Lessee
as follows:

     (a) Securities Act. The interest being acquired or to be acquired by the Lessor in
such Leased Property is being acquired for its own account, without any view to the distribution
thereof or any interest therein, provided that the Lessor shall be entitled to assign,
convey or transfer its interest in accordance with Section 6.1.

     (b) Due Organization, etc. The Lessor is a banking corporation duly organized and
validly existing in good standing under the laws of Georgia and is duly qualified and in good
standing in each state in which the failure to be so qualified would have a material adverse effect
upon the ability of the Lessor to perform its obligations under the Operative Documents to which it
is, or will be, a party, and has full power, authority and legal right to execute, deliver and
perform its obligations under the Lease, this Master Agreement and each other Operative Document to
which it is or will be a party.

     (c) Due Authorization; Enforceability, etc. This Master Agreement and each other
Operative Document to which the Lessor is or will be a party have been or will be duly authorized,
executed and delivered by or on behalf of the Lessor and are, or upon execution and delivery will
be, legal, valid and binding obligations of the Lessor enforceable against it in accordance with
their respective terms, except as such enforceability may be limited by applicable bankruptcy,
insolvency, or similar laws affecting creditors’ rights generally and by general equitable
principles.

     (d) Employee Benefit Plans. The Lessor is not and will not be making its investment
hereunder, and is not performing its obligations under the Operative Documents, with the assets of
an “employee benefit plan” (as defined in Section 3(3) of ERISA) which is subject to Title I of
ERISA, or “plan” (as defined in Section 4975(e)(1) of the Code).

     (e) No Offering. The Lessor has not offered the Note to any Person in any manner that
would subject the issuance thereof to registration under the Securities Act or any applicable state
securities laws.

     Section 4.4 Representations of each Lender. Effective as of the date of execution
hereof, as of each Closing Date and as of each Funding Date, each Lender represents and warrants to
the Lessor and to the Lessee as follows:

     (a) Securities Act. The interest being acquired or to be acquired by such Lender in
the Funded Amounts is being acquired for its own account, without any view to the distribution
thereof or any interest therein, provided that such Lender shall be entitled to assign,
convey or transfer its interest in accordance with Section 6.2.

     (b) Employee Benefit Plans. Such Lender is not and will not be making its investment
hereunder, and is not performing its obligations under the Operative Documents, with the assets of
an “employee
benefit plan” (as defined in Section 3(3) of ERISA) which is subject to Title I of ERISA, or
“plan” (as defined in Section 4975(e)(1) of the Code).

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ARTICLE V

COVENANTS OF CHECKFREE

     Section 5.1 Affirmative Covenants.

     So long as any Commitment remains in effect hereunder or any Funded Amount shall remain
outstanding:

     (a) Financial Statements and Other Information. CheckFree will deliver to the Agent
and each Funding Party:

          (i) as soon as available and in any event within 90 days after the end of each Fiscal Year of
CheckFree, a copy of the annual audited report for such Fiscal Year for CheckFree and its
Subsidiaries, containing a consolidated balance sheet of CheckFree and its Subsidiaries as of the
end of such Fiscal Year and the related consolidated statements of income, stockholders’ equity and
cash flows (together with all footnotes thereto) of CheckFree and its Subsidiaries for such Fiscal
Year, setting forth in each case in comparative form the figures for the previous Fiscal Year, all
in reasonable detail and reported on by Deloitte & Touche, LLP or other independent public
accountants of nationally recognized standing (without a “going concern” or like qualification and
without any qualification or exception as to scope of such audit) to the effect that such financial
statements present fairly in all material respects the financial condition and the results of
operations of CheckFree and its Subsidiaries for such Fiscal Year on a consolidated basis in
accordance with GAAP and that the examination by such accountants in connection with such
consolidated financial statements has been made in accordance with generally accepted auditing
standards;

          (ii) as soon as available and in any event within 45 days after the end of each Fiscal Quarter
of CheckFree, an unaudited consolidated balance sheet of CheckFree and its Subsidiaries as of the
end of such Fiscal Quarter and the related unaudited consolidated statements of income and cash
flows of CheckFree and its Subsidiaries for such Fiscal Quarter and the then elapsed portion of
such Fiscal Year, setting forth in each case in comparative form the figures for the corresponding
quarter and the corresponding portion of CheckFree’s previous Fiscal Year;

          (iii) concurrently with the delivery of the financial statements referred to in clauses
(i) and (ii) above, a Compliance Certificate signed by the principal executive officer
and the principal financial officer of CheckFree;

          (iv) concurrently with the delivery of the financial statements referred to in clause
(i) above, a certificate of the accounting firm that reported on such financial statements
stating whether they obtained any knowledge during the course of their examination of such
financial statements of any Default (which certificate may be limited to the extent required
by accounting rules or guidelines);

          (v) promptly after the same become publicly available, copies of all periodic and other
reports, proxy statements and other materials filed with the Securities and Exchange Commission, or
any Governmental Authority succeeding to any or all functions of said

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Commission, or with any
national securities exchange, or distributed by any CheckFree Party to its shareholders generally,
as the case may be; and

          (vi) promptly following any request therefor, such other information regarding the results of
operations, business affairs and financial condition of any CheckFree Party or any Subsidiary as
the Agent may reasonably request; provided, however, that in any event, no
CheckFree Party shall be obligated to deliver any such information to the extent delivery thereof
could compromise any attorney-client privilege or that would cause undue exposure or burden for any
CheckFree Party to obtain or prepare, unless such disclosure is otherwise required by law.

Information required to be delivered pursuant to this Section 5.1(a) shall be deemed to
have been delivered if such information shall have been posted by the Agent on an Intralinks or
similar site to which the Funding Parties have been granted access or shall be available on the
website of the Securities and Exchange Commission at http://www.sec.gov and CheckFree shall
have notified the Agent of the availability of all Form 10Q and
Form 10K reports; provided
that CheckFree shall deliver paper copies of such information to any Funding Party that requests
such delivery. Information required to be delivered pursuant to this Section 5.1(a) may
also be delivered by electronic communications pursuant to procedures approved by the Agent.

     (b) Notices of Material Events. The CheckFree Parties will furnish to the Agent
prompt written notice of the following:

          (i) the occurrence of any Default;

          (ii) the filing or commencement of any action, suit or proceeding by or before any arbitrator
or Governmental Authority against or, to the knowledge of any CheckFree Party, affecting any
CheckFree Party or any Subsidiary which, if adversely determined, could reasonably be expected to
result in a Material Adverse Effect;

          (iii) the occurrence of any event or any other development by which any CheckFree Party or any
of its Subsidiaries (1) fails to comply with any Environmental Law or to obtain, maintain or comply
with any permit, license or other approval required under any Environmental Law, (2) becomes
subject to any Environmental Liability, (3) receives notice of any claim with respect to any
Environmental Liability, or (4) becomes aware of any basis for any Environmental Liability and in
each of the preceding clauses, which individually or in the aggregate, could reasonably be expected
to result in a Material Adverse Effect;

          (iv) the receipt by any CheckFree Party or any of its Subsidiaries of any written notice of an
alleged default or event of default, in respect of any Material Indebtedness of
such CheckFree Party or any of its Subsidiaries, or the occurrence of any “Level III Default”
under the ACH Programs with SunTrust Bank; and

          (v) the occurrence of any ERISA Event that alone, or together with any other ERISA Events that
have occurred, could reasonably be expected to result in liability of the CheckFree Parties and
their Subsidiaries in an aggregate amount exceeding $10,000,000.

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Each notice delivered under this Section shall be accompanied by a written statement of a
Responsible Officer setting forth the details of the event or development requiring such notice and
any action taken or proposed to be taken with respect thereto.

     (c) Existence; Conduct of Business. Each CheckFree Party will, and will cause each of
its Subsidiaries to, do or cause to be done all things necessary to preserve, renew and maintain in
full force and effect its legal existence and its respective rights, licenses, permits, privileges,
franchises, patents, copyrights, trademarks and trade names material to the conduct of its business
and will continue to engage in the same business as presently conducted or such other businesses
that are reasonably related or complementary thereto; provided, that nothing in this
Section shall prohibit any merger, consolidation, liquidation or dissolution permitted under
Section 5.2(c) or (f).

     (d) Compliance with Laws, Etc. Each CheckFree Party will, and will cause each of its
Subsidiaries to, comply with all laws, rules, regulations and requirements of any Governmental
Authority applicable to its business and properties, including without limitation, all
Environmental Laws, ERISA and OSHA, except where the failure to do so, either individually or in
the aggregate, could not reasonably be expected to result in a Material Adverse Effect.

     (e) Payment of Obligations. Each CheckFree Party will, and will cause each of its
Subsidiaries to, pay and discharge at or before maturity, all of its obligations and liabilities
(including without limitation all tax liabilities and claims that could result in a statutory Lien)
before the same shall become delinquent or in default, except where (i) the validity or amount
thereof is being contested in good faith by appropriate proceedings, and such CheckFree Party or
such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance
with GAAP or (ii) the failure to make payment could not reasonably be expected to result in a
Material Adverse Effect.

     (f) Books and Records. Each CheckFree Party will, and will cause each of its
Subsidiaries to, keep proper books of record and account in which full, true and correct entries
shall be made of all dealings and transactions in relation to its business and activities to the
extent necessary to prepare the consolidated financial statements of CheckFree in conformity with
GAAP.

     (g) Visitation, Inspection, Etc. Each CheckFree Party will, and will cause each of its Subsidiaries to, permit any
representative of the Agent or any Funding Party, to visit and inspect its properties to examine
its books and records and to make copies and take extracts therefrom, and to discuss its affairs,
finances and accounts with any of its officers and with its independent certified public
accountants (so long as CheckFree shall have an opportunity to be present during any such
discussions), all at such reasonable times and as often as the Agent or any Funding Party may
reasonably request after at least two Business Days’ prior notice to CheckFree; provided,
however, (i) if no Event of Default has occurred, the number of visits shall be no greater
than two per year and (ii) if an Event of Default has occurred and is continuing, no prior notice
shall be required. The CheckFree Parties shall be jointly and severally responsible for payment of
all reasonable out-of-pocket expenses incurred by the Agent for up to two visits per Fiscal Year if
no Event of Default has occurred and is continuing, and unlimited visits if an Event of Default has
occurred and is continuing.

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     (h) Maintenance of Properties; Insurance. Each CheckFree Party will, and will cause
each of its Subsidiaries to, (i) except as otherwise expressly permitted in the Operative
Documents, keep and maintain all property material to the conduct of its business in good working
order and condition, ordinary wear and tear excepted and (ii) maintain with financially sound and
reputable insurance companies, insurance with respect to its properties and business, and the
properties and business of its Subsidiaries, against loss or damage of the kinds customarily
insured against by companies in the same or similar businesses operating in the same or similar
locations.

     (i) Use of Proceeds. Each CheckFree Party will use the proceeds of all Fundings to
fund the acquisition and construction of Leased Properties and related transaction expenses. No
part of the proceeds of any Funding will be used, whether directly or indirectly, for any purpose
that would violate any rule or regulation of the Board of Governors of the Federal Reserve System,
including Regulations T, U or X thereof.

     (j) Additional Subsidiaries.

          (i) In the event that, subsequent to the Initial Closing Date, any Person becomes a Material
Domestic Subsidiary, pursuant to an acquisition or formation, (x) CheckFree shall promptly notify
the Agent and the Funding Parties of the creation or acquisition of such Subsidiary and (y) within
thirty (30) days thereafter, the CheckFree Parties shall cause such Person (1) to join the
Subsidiary Guaranty Agreement as a new Subsidiary Guarantor by executing and delivering to the
Agent a supplement to the Subsidiary Guaranty Agreement, and (2) to deliver all such other
documentation (including without limitation, legal opinions and certified organizational documents)
and to take all such other actions as such Subsidiary would have been required to deliver and take
pursuant to Section 3.2 if such Subsidiary had been an CheckFree Party on the Initial
Closing Date.

          (ii) If the aggregate Consolidated EBITDA or cash, Permitted Investments, short and long term
investments, accounts receivable and fixed assets (on a non-consolidated basis) of the CheckFree
Parties (but excluding the assets of Bastogne) at the end of any Fiscal Quarter are less than the
Aggregate Subsidiary Threshold, then the CheckFree Parties shall cause one or more other
Subsidiaries to become additional Subsidiary Guarantors, by complying with the requirements of
clause (i) above with respect to such Subsidiaries, within thirty (30) Business Days after
the end of such Fiscal Quarter, so that after including the Consolidated EBITDA and cash, Permitted
Investments, short and long term investments, accounts receivable and fixed assets of any such
additional Subsidiary Guarantors, the aggregate Consolidated EBITDA and cash, Permitted
Investments, short and long term investments, accounts receivable and fixed assets (on a
non-consolidated basis) of the CheckFree Parties and all such Subsidiary Guarantors would equal or
exceed the Aggregate Subsidiary Threshold. The CheckFree Parties may elect at any time to have any
Subsidiary become an additional Subsidiary Guarantor as provided in clause (i) above.

          (iii) All actions to be taken pursuant to this Section 5.1(j) shall be at the expense
of the CheckFree Parties, and shall be taken to the reasonable satisfaction of the Agent.

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          (iv) CheckFree may request that any Subsidiary Guarantor be released from, and discharged from
its obligations under, the Subsidiary Guaranty Agreement from time to time, and the Agent shall
promptly, at the expense of the CheckFree Parties, so release and discharge any such Subsidiary
Guarantor from the Subsidiary Guaranty Agreement to the extent that the CheckFree Parties have
certified in reasonable detail satisfactory to the Agent that after giving effect to such release
and discharge, the CheckFree Parties are in compliance with clauses (i) and (ii) of
this Section 5.1(j) (including in connection with any sale or disposition of a Subsidiary
permitted hereunder).

     (k) Further Assurances. The CheckFree Parties will, and will cause each Subsidiary
Guarantor to, execute any and all further documents, financing statements, agreements and
instruments, and take all such further actions (including the filing and recording of financing
statements and other documents), which may be required under any applicable law, or which the Agent
or the Required Funding Parties may reasonably request, to effectuate the transactions contemplated
by the Operative Documents.

     (l) Amendments to Credit Agreement. CheckFree will provide the Agent with copies of
any and all amendments to, and replacements of, the Credit Agreement, and copies of any other
revolving credit facility entered into by CheckFree. Each CheckFree Party agrees to enter into
amendments to this Master Agreement and the other Operative Documents in order to conform the
covenants, representations and Events of Default set forth in the Operative Documents with those
covenants, representations and/or events of default set forth in such amendment to, or replacement
of the Credit Agreement, or the other credit facility, as the case may be, to the extent, if any,
requested by the Agent in writing.

     Section 5.2 Financial Covenants.So long as any Commitment remains in effect hereunder
or any Funded Amount shall remain unpaid shall remain outstanding:

     (a) Leverage Ratio. CheckFree will maintain on the last day of each Fiscal Quarter,
commencing with the Fiscal Quarter ending June 30, 2006, a Leverage Ratio of not greater than
2.50:1.00.

     (b) Fixed Charge Coverage Ratio. CheckFree will maintain, as of the end of each
Fiscal Quarter, commencing with the Fiscal Quarter ending June 30, 2006, a Fixed Charge Coverage
Ratio of not less than 3.00:1:00.

     Section 5.3 Negative Covenants. So long as any Commitment remains in effect hereunder
or any Funded Amount shall remain unpaid shall remain outstanding:

     (a) Indebtedness. The CheckFree Parties will not, and will not permit any of their
Subsidiaries (and for purposes of this Section 5.3(a), Services and Checkfree Investments
shall not constitute “Subsidiaries”) to, create, incur, assume or suffer to exist any Indebtedness,
except:

          (i) Indebtedness created pursuant to the Operative Documents or under the Credit Agreement;

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          (ii) Indebtedness existing on the date hereof and set forth on Schedule 5.3(a) and
extensions, renewals and replacements of any such Indebtedness that do not increase the outstanding
principal amount thereof (immediately prior to giving effect to such extension, renewal or
replacement) or shorten the maturity or the weighted average life thereof;

          (iii) unsecured Indebtedness of any Subsidiary owing to any CheckFree Party or other
Subsidiary; provided, that any such Indebtedness that is owed by a Subsidiary that is not a
Subsidiary Guarantor shall be subject to Section 5.3(d);

          (iv) Indebtedness in an aggregate principal amount outstanding at any time not to exceed 10%
of Consolidated Net Worth as at the end of CheckFree’s most recently ended Fiscal Quarter for which
financial statements have been made available, or are required to have been made available, to the
Agent;

          (v) Guarantees by any Subsidiary of Indebtedness of any CheckFree Party or other Subsidiary;
provided, that Guarantees by any CheckFree Party of Indebtedness of any Subsidiary that is
not a Subsidiary Guarantor shall be subject to Section 5.3(d);

          (vi) Indebtedness incurred with respect to ACH Programs and other similar programs and
arrangements for the provision of ACH Services with parties other than Funding Parties, and any
Indebtedness arising under the ARC Transmission Agreement;

          (vii) Indebtedness in respect of Hedging Obligations permitted by Section 5.3(i);

          (viii) Synthetic Lease Obligations in an amount not to exceed $110,000,000 in the aggregate at
any one time outstanding and any refinancing, replacement, extension or modification thereof,
(except any refinancing, replacement, extension or modification the effect of which would be to
change or amend the terms thereof if such change or amendment would materially increase the
obligations of the obligor or confer additional material rights to the holder of such obligations
in each case, taken as a whole, in a manner adverse to any CheckFree Party, the Agent or any
Funding Party); and

          (ix) Indebtedness of Foreign Subsidiaries in an aggregate principal amount not to exceed
$25,000,000 at any time outstanding.

     (b) Negative Pledge. The CheckFree Parties will not, and will not permit any of their
Subsidiaries to, create, incur, assume or suffer to exist any Lien on any of their assets or
property now owned or hereafter acquired or, except:

          (i) Liens securing the Obligations and the obligations under the Credit Agreement;

          (ii) General Permitted Encumbrances;

          (iii) any Liens on any property or asset of any CheckFree Party or any Subsidiary existing on
the Initial Closing Date set forth on Schedule 5.3(b); provided, that such Lien
shall not apply to any other property or asset of any CheckFree Party or any Subsidiary;

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          (iv) Liens securing Indebtedness permitted by Section 5.3(a)(vii) and (viii);

          (v) Liens securing Indebtedness in an aggregate amount not to exceed $25,000,000 in any one
Fiscal Year and $60,000,000 in the aggregate;

          (vi) any Lien (1) existing on any asset of any Person at the time such Person becomes a
Subsidiary of any CheckFree Party, (2) existing on any asset of any Person at the time such Person
is merged with or into any CheckFree Party or any Subsidiary of any CheckFree Party or (3) existing
on any asset prior to the acquisition thereof by any CheckFree Party or any Subsidiary of any
CheckFree Party; provided, that any such Lien was not created in the contemplation of any
of the foregoing and any such Lien secures only those obligations which it secures on the date that
such Person becomes a Subsidiary or the date of such merger or the date of such acquisition;

          (vii) Liens on assets of Foreign Subsidiaries securing Indebtedness permitted under
Section 5.3(a)(ix); and

          (viii) extensions, renewals, or replacements of any Lien referred to in paragraphs (i)
through (iv) of this Section; provided, that the principal amount of the
Indebtedness secured thereby is not increased and that any such extension, renewal or replacement
is limited to the assets originally encumbered thereby.

     (c) Fundamental Changes

          (i) The CheckFree Parties will not, and will not permit any Subsidiary to, merge into or
consolidate into any other Person, or permit any other Person to merge into or consolidate with it,
or sell, lease, transfer or otherwise dispose of (in a single transaction or a series of
transactions) all or substantially all of its assets (in each case, whether now owned or hereafter
acquired) or liquidate or dissolve; provided, that if at the time thereof and immediately
after giving effect thereto, no Default shall have occurred and be continuing (1) any CheckFree
Party or any Subsidiary may merge with a Person (other than a merger of a CheckFree Party with
another CheckFree Party) if any CheckFree Party (or such Subsidiary if a CheckFree Party is not a
party to such merger) is the surviving Person, (2) any CheckFree Party may merge with another
CheckFree Party, (3) any Subsidiary (excluding Services and Checkfree Investment) may merge into
another Subsidiary; provided, that if any party to such merger is a Subsidiary Guarantor,
either (A) the Subsidiary Guarantor shall be the surviving Person or (B) if the surviving Person
was not a Subsidiary Guarantor either (x) such Person shall become a Subsidiary Guarantor
immediately upon consummation of such merger and otherwise in accordance with Section
5.1(j) or (y) the CheckFree Parties shall have certified in reasonable detail satisfactory to
the Agent that after giving effect to such merger, the CheckFree Parties are in compliance with
clauses (i) and (ii) of Section 5.1(j), (4) any Subsidiary may sell,
transfer, lease or otherwise dispose of all or substantially all of its assets to any CheckFree
Party or to any other Person pursuant to a sale or disposition permitted by Section 5.3(f),
(5) the CheckFree Parties and their Subsidiaries may eliminate or discontinue business lines and
segments from time to time, and (6) any Subsidiary (other than the Lessee) may liquidate or
dissolve if the CheckFree Parties determine in good faith that such liquidation or dissolution is
in the best interests of the CheckFree Parties and is not materially disadvantageous to the Funding
Parties; provided, that any such merger involving a

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Person that is not a wholly-owned Subsidiary immediately prior to such merger shall not be permitted unless also permitted by Section 5.3(d).

          (ii) The CheckFree Parties will not, and will not permit any Subsidiary to, engage in any
business other than businesses of the type conducted by the CheckFree Parties and their
Subsidiaries on the date hereof and businesses reasonably related or complementary thereto.

     (d) Investments, Loans, Etc. The CheckFree Parties will not, and will not permit any
of their Subsidiaries to, purchase, hold or acquire (including pursuant to any merger with any
Person that was not a wholly-owned Subsidiary prior to such merger), any common stock, evidence of
indebtedness or other securities (including any option, warrant, or other right to acquire any of
the foregoing) of, make or permit to exist any loans or advances to, Guarantee any obligations of,
or make or permit to exist any investment or any other interest in, any other Person (all of the
foregoing being collectively called “Investments”), or purchase or otherwise acquire (in
one transaction or a series of transactions) any assets of any other Person that constitute a
business unit, or create or form any Subsidiary, except:

          (i) Investments (other than Permitted Investments) existing on the date hereof and set forth
on Schedule 5.3(d) (including Investments in Subsidiaries);

          (ii) Permitted Investments;

          (iii) Accounts receivable of any CheckFree Party or any Subsidiary arising from advances made
by them in the ordinary course of business;

          (iv) cash deposits made in the ordinary course of business pursuant to the requirements of
government agencies or public utilities;

          (v) advances resulting in the ordinary course of business from overdrafts in connection with
the ACH Programs and other similar programs and arrangements for the provision of ACH Services with
parties other than Funding Parties and in connection with the ARC Transmission Agreement;

          (vi) Guarantees of Indebtedness of Subsidiaries permitted by Section 5.3(a) and
Guarantees of Indebtedness of CheckFree or Services to the extent the underlying Indebtedness is
not otherwise prohibited hereunder;

          (vii) Guarantees of obligations that do not constitute Indebtedness, to the extent guaranteed
in the ordinary course of business or otherwise consistent with past practices;

          (viii) Investments made by any CheckFree Party or any Subsidiary to or in any other CheckFree
Party or Subsidiary;

          (ix) Non-cash consideration received in connection with any sale or disposition of assets
permitted by Section 5.3(f);

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          (x) Investments obtained in respect of any settlement of accounts receivables or other claims
owing to any CheckFree Party or any Subsidiary in the ordinary course of business;

          (xi) loans or advances to employees, officers or directors of any CheckFree Party or any
Subsidiary in the ordinary course of business for travel, relocation and related expenses;
provided, however, that the aggregate amount of all such loans and advances does
not exceed $2,500,000 at any time;

          (xii) Hedging Obligations permitted by Section 5.3(i);

          (xiii) Permitted Acquisitions; and

          (xiv) Other Investments which in the aggregate do not exceed $50,000,000 at any time
outstanding.

     (e) Restricted Payments. The CheckFree Parties will not, and will not permit any
Subsidiary to, declare or make, or agree to pay or make, directly or indirectly, (i) any dividend
on any class of its stock, or make any payment on account of, or set apart assets for a sinking or
other analogous fund for, the purchase, redemption, retirement, defeasance or other acquisition of,
any shares of common stock, (ii) make any prepayment on account of Indebtedness subordinated to the
Obligations or Guarantees thereof or (iii) make any payment on account of any options, warrants, or
other rights to purchase such common stock, whether now or hereafter outstanding (each, a
“Restricted Payment”), except for (i) dividends payable by CheckFree solely in shares of any class
of its common stock, (ii) Restricted Payments made by any CheckFree Party or Subsidiary to any
other wholly owned Subsidiary or CheckFree or, in the case of any cash dividend on any class of
stock of a Subsidiary, any other Person, so long as such dividend is paid pro rata to all holders
of such Subsidiary’s Capital Stock, (iii) Restricted Payments made in connection with prepayments
of Indebtedness subordinated to the Obligations to the extent permitted pursuant to the
subordination provisions related thereto and no Default exists or would result therefrom and (iv)
so long as no Event of Default has occurred and is continuing, other Restricted Payment in an
amount not to exceed the amounts and for the periods set forth below:

	 	 	 	 	 
	Fiscal Year	 	Maximum Restricted Payments
	2006
	 	$	70,000,000	 
	2007
	 	$	75,000,000	 
	2008
	 	$	80,000,000	 
	2009
	 	$	85,000,000	 
	2010
	 	$	90,000,000	 

; provided, however, that any amounts not used in any Fiscal Year in an amount not
to exceed $30,000,000 may be carried forward to the next succeeding Fiscal Year.

     (g) Sale of Assets. The CheckFree Parties will not, and will not permit any
Subsidiary to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets,
business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary,

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issue or sell any shares of such Subsidiary’s common stock to any Person other than to any
CheckFree Party or a Subsidiary Guarantor (or to qualify directors if required by applicable law),
except (i) the sale or other disposition for fair market value of obsolete or worn out property or
other property not necessary for operations disposed of in the ordinary course of business; (ii)
the sale of inventory and Permitted Investments in the ordinary course of business; (iii) the sale
of assets in any Fiscal Year in amount not to exceed 10% of the book value of the total assets of
the CheckFree Parties and their Subsidiaries determined as of the last day of the prior Fiscal Year
on a consolidated basis in accordance with GAAP; and (iv) the CheckFree Parties and their
Subsidiaries may eliminate or discontinue business lines and segments from time to time so long as
no Default or Event of Default exists or would be caused by such elimination or discontinuation.

     (h) Transactions with Affiliates. The CheckFree Parties will not, and will not permit
any Subsidiary to, sell, lease or otherwise transfer any property or assets to, or purchase, lease
or otherwise acquire any property or assets from, or otherwise engage in any other transactions
with, any of its Affiliates, except (i) in the ordinary course of business at prices and on terms
and conditions not less favorable to such CheckFree Party or such Subsidiary than could be obtained
on an arm’s-length basis from unrelated third parties, (ii) transactions between or among CheckFree
Parties not involving any other Affiliates, (iii) any Restricted Payment permitted by Section
5.3(e), (iv) transactions with Affiliates described on Schedule 5.3(g) and (v)
transactions or arrangements in the nature of compensation of officers, directors or employees
approved by the Board of Directors in good faith.

     (i) Restrictive Agreements. The CheckFree Parties will not, and will not permit any
Subsidiary (and, for purposes of this Section 5.3(h), Services and Checkfree Investments
shall not constitute “Subsidiaries”) to, directly or indirectly, enter into, incur or permit to
exist any agreement that prohibits, restricts or imposes any condition upon (i) the ability of any
CheckFree Party or any Subsidiary to create, incur or permit any Lien upon any of its assets or
properties, whether now owned or hereafter acquired, unless such agreement does not restrict the
ability of the CheckFree Parties to secure the Obligations, or (ii) the ability of any Subsidiary
to pay dividends or other distributions with respect to its common stock, to make or repay loans or
advances to any CheckFree Party or any other Subsidiary, to Guarantee Indebtedness of any CheckFree
Party or any other Subsidiary, unless such agreement does not restrict the ability of the CheckFree
Parties to make payments under the Operative Documents, or to transfer any of its property or
assets to any CheckFree Party or any Subsidiary of any CheckFree Party; provided, that (A)
the foregoing shall not apply to restrictions or conditions imposed by law or by this Master
Agreement, any other Operative Document, the Credit Agreement, any ACH Program Document, the ARC
Transmission Agreement, any organizational documents or contracts or agreements relating to SPVs or
by which they are bound or any agreement set forth on Schedule 5.3(h), (B) the foregoing
shall not apply to conditions imposed by Hedge Agreements with Funding Parties limiting creation,
incurrence or permitting Liens unless the obligations under such Hedge Agreement are secured pari
passu, (C) the foregoing shall not apply to customary restrictions and conditions contained in
agreements relating to the sale of a Subsidiary pending such sale, provided such
restrictions and conditions apply only to the Subsidiary that is sold and such sale is permitted
hereunder, (D) clauses (i) and (ii) shall not apply to restrictions or conditions
imposed by any agreement relating to secured Indebtedness permitted by this Master

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Agreement and (E) clause (i) shall not apply to customary provisions in leases
restricting the assignment thereof.

     (j) Hedging Transactions. The CheckFree Parties will not, and will not permit any
Subsidiary to, enter into any Hedging Transaction, other than Hedging Transactions entered into in
the ordinary course of business to hedge or mitigate risks to which any CheckFree Party or any
Subsidiary is exposed in the conduct of its business or the management of its liabilities. Solely
for the avoidance of doubt, each CheckFree Party acknowledges that a Hedging Transaction entered
into for speculative purposes or of a speculative nature (which shall be deemed to include any
Hedging Transaction under which any CheckFree Party or any of the Subsidiaries is or may become
obliged to make any payment (i) in connection with the purchase by any third party of any common
stock or any Indebtedness or (ii) as a result of changes in the market value of any common stock or
any Indebtedness unless, in either case, such Hedging Transaction relates to a Permitted
Acquisition or the redemption or repurchase of Capital Stock of CheckFree) is not a Hedging
Transaction entered into in the ordinary course of business to hedge or mitigate risks.

     (k) Amendment to Material Documents. The CheckFree Parties will not, and will not
permit any Subsidiary (other than an SPV) to, amend, modify or waive any of its rights in a manner
materially adverse to the Funding Parties under its certificate of incorporation, bylaws or other
organizational documents.

     (l) Accounting Changes. The CheckFree Parties will not, and will not permit any
Subsidiary to, make any significant change in accounting treatment or reporting practices that are
adverse to the Funding Parties, except as required by GAAP or as recommended by the independent
auditors of CheckFree, or change the fiscal year of CheckFree or of any Subsidiary, except to
change the fiscal year of a Subsidiary to conform its fiscal year to that of CheckFree.

     Section 5.4 Further Assurances. Upon the written request of the Agent or any Funding
Party, the Lessee, at its own cost and expense, will cause all financing statements (including
precautionary financing statements), fixture filings and other similar documents to be signed by
the Lessee and recorded or filed at such places and times in such manner as may be necessary or
requested by the Agent or such Funding Party to preserve, protect and perfect the interest of the
Agent and the Funding Parties in the Leased Properties as contemplated by the Operative Documents.

     Section 5.5 Additional Required Appraisals. If, as a result of any change in
Applicable Law after the date hereof, an appraisal of all or any of the Leased Properties is
required during the Lease Term under Applicable Law with respect to any Funding Party’s interest
therein, such Funding Party’s Funded Amount with respect thereto or the Operative Documents, then
the Lessee shall pay the reasonable cost of such appraisal.

ARTICLE VI

TRANSFERS BY LESSOR AND LENDERS;

DISTRIBUTION OF PAYMENTS AND PROCEEDS

     Section 6.1 Lessor Transfers.

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     (a) Transfers. Except to the Lessee in accordance with the Operative Documents, the
Lessor shall not assign, convey or otherwise transfer all or any portion of its right, title or
interest in, to or under any Leased Property or any of the Operative Documents, without the prior
written consent of the Lenders and, unless an Event of Default has occurred and is continuing,
CheckFree, except that, without the prior written consent of any Lender, but, unless an Event of
Default has occurred and is continuing, with the prior written consent of CheckFree (such consent
not to be unreasonably withheld, it being understood that it shall be
reasonable for CheckFree to withhold its consent if such proposed transfer would have an adverse
effect on the Lessee’s accounting treatment of the transaction), Lessor may assign (reserving all
rights of Lessor to indemnification relating to the period prior to such transfer) all (but not
less than all) of its right, title and interest in, to and under the Leased Properties and the
Operative Documents to any wholly owned, direct or indirect, U.S. subsidiary of SunTrust Banks,
Inc., provided that the Lessor shall not be relieved of any of its obligations hereunder or
under the other Operative Documents to which it is a party unless such transferee has agreed in
writing to assume and to be bound by and perform all of Lessor’s obligations hereunder and under
such other Operative Documents. Lessor shall provide CheckFree with such information regarding
such subsidiary of SunTrust Banks, Inc. as CheckFree shall reasonably request in connection with
CheckFree’s analysis of the potential accounting consequences, if any, of such transfer (subject to
such confidentiality restrictions as the Lessor shall reasonably require). Lessor may, without the
consent of the Lenders, the Agent or any CheckFree Party, sell a participation in its rights in the
Leased Properties and under the Operative Documents. Any proposed transferee of the Lessor shall
make the representations set forth in Section 4.3 (with appropriate conforming changes) to
the other parties hereto.

     (b) Additions of Lenders. At any time, the Lessor may add additional Lenders pursuant
to an Addition Agreement, provided that (i) unless such Lender is an Affiliate of any
Funding Party, or an Event of Default has occurred and is continuing, CheckFree has approved the
identity of such Lender, which approval shall not be unreasonably withheld, and (ii) the Commitment
of such additional Lender is at least $1,000,000, and provided, further that no
CheckFree Party or any Affiliate thereof shall become a Lender without the consent of all of the
Lenders. On the date any such Lender is added, such Lender shall make Loans to the Lessor in an
amount equal to such new Lender’s Commitment Percentage of the outstanding Funding Amounts, which
amount shall be applied to reduce the Lessor’s Invested Amount. The Lessee shall not be
responsible for any processing or recording fee or any costs or expenses incurred by the Lessor,
the Agent or any Lender in connection with such addition. No addition of a Lender pursuant to this
Section 6.1(b) shall increase the aggregate Commitments of the Funding Parties.

     Section 6.2 Lender Transfers.

     (a) Transfers to Branch Offices. Any Lender may make, carry or transfer Loans at, to
or for the account of, any of its branch offices or the office of an Affiliate of such Lender.

     (b) Assignments. Each Lender may assign all or a portion of its interests, rights and
obligations under this Master Agreement and the Loan Agreement (including all or a portion of its
Commitment and the Loans at the time owing to it) to any Person; provided, however,
that (i) the Agent and, except during the continuance of a Default, CheckFree must give its prior
written consent to such assignment (which consent shall not be unreasonably withheld) unless such

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assignment is to another Lender or Affiliate of the assigning Lender, (ii) unless such Lender
is assigning all of its Commitment, after giving effect to such assignment, the Commitment of both
the assignor and the assignee is at least $5,000,000 and is an integral multiple of $1,000,000 and
(iii) the parties to each such assignment shall execute and deliver to the Agent an Assignment and
Acceptance, and, a processing and recordation fee of $3,500. Any such assignment of the Loans
shall include both the A Loans and the B Loans of such assigning Lender, on a pro rata basis. From
and after the effective date specified in each Assignment and Acceptance, the assignee thereunder
shall be a party hereto and to the extent of the interest assigned by such Assignment and
Acceptance, have the rights and obligations of a Lender under this Master Agreement and the Loan
Agreement.

     (c) Participations. Each Lender may, without the consent of CheckFree or the Lessee,
sell participations to one or more banks or other entities in all or a portion of its rights and
obligations under this Master Agreement and the Loan Agreement (including all or a portion of its
Commitments in the Loans owing to it), provided, however, that (i) no Lender may
sell a participation in its Commitment (after giving effect to any permitted assignment hereunder)
in an amount in excess of fifty percent (50%) of such Commitment (provided that (1) sales
of participations to an Affiliate of Lender shall not be included in such calculation and (2) no
such maximum amount shall be applicable to any participation sold at any time there exists an Event
of Default), (ii) such Lender’s obligations under this Master Agreement and the Loan Agreement
shall remain unchanged, (iii) such Lender shall remain solely responsible to the other parties
hereto for the performance of such obligations, (iv) the participating bank or other entity shall
not be entitled to any greater benefit than its selling Lender under the cost protection provisions
contained in Sections 7.4 and 7.5 of this Master Agreement, and (v) CheckFree, the
Lessee, the Agent, the Lessor and the other Lenders shall continue to deal solely and directly with
each Lender in connection with such Lender’s rights and obligations under this Master Agreement and
the other Operative Documents, and such Lender shall retain the sole right to approve any
amendment, modification or waiver of any provisions of this Master Agreement and each other
Operative Document (except that such Lender may permit the participant to approve any amendment,
modification or waiver which would reduce the principal of or the interest rate on its Loan, extend
the term of such Lender’s Commitment, reduce the amount of any fees to which such participant is
entitled or extend the final scheduled payment date of any Loan, it being
understood that in all events, the other parties hereto may conclusively rely on such
Lender’s approval of any such amendment, modification or waiver and shall have no obligation to
ascertain whether such participant has approved such amendment, modification or waiver). Any
Lender selling a participation hereunder shall provide prompt written notice to the Agent of the
name of such participant.

     (d) Information. Any Lender or participant may, in connection with the assignment or
participation or proposed assignment or participation, pursuant to this Section, disclose to the
assignee or participant or proposed assignee or participant any information relating to CheckFree
or its Subsidiaries furnished to such Lender by or on behalf of CheckFree. With respect to any
disclosure of confidential, non-public, proprietary information, such proposed assignee or
participant shall agree to use the information only for the purpose of making any necessary credit
judgments with respect to this facility and not to use the information in any manner prohibited by
any law, including without limitation, the securities laws of the United States. The proposed
participant or assignee shall agree not to disclose any of such information except as permitted by

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this Master Agreement. The proposed participant or assignee shall further agree to return all
documents or other written material and copies thereof received from any Lender, the Agent or the
Lessee relating to such confidential information unless otherwise properly disposed of by such
entity.

     (e) Assignment to Federal Reserve Bank. Any Lender may at any time assign all or any
portion of its rights under this Master Agreement and the Note to a Federal Reserve Bank without
complying with the requirements of paragraph (b) above; provided that no such
assignment shall release such Lender from any of its obligations hereunder.

     (f) Quiet Enjoyment. The Lenders hereby acknowledge and agree that the Lessee shall
have the right to the quiet enjoyment of the Leased Properties pursuant to the Lease, whether or
not a Loan Event of Default that is not an Event of Default has occurred and is continuing, so long
as no Event of Default has occurred and is continuing.

     Section 6.3 Distribution and Application of Rent Payments.

     (a) Basic Rent. Each payment of Basic Rent (and any payment of interest on overdue
installments of Basic Rent) received by the Agent shall be distributed pro rata to the Funding
Parties to be applied to the amounts of accrued and unpaid interest (including overdue interest) on
the Loans and accrued and unpaid Yield (including overdue Yield).

     (b) Supplemental Rent. Each payment of Supplemental Rent received by the Agent shall
be paid to or upon the order of the Person owed the same in accordance with the Operative
Documents.

     Section 6.4 Distribution and Application of Purchase Payment. With respect to any
Leased Property, the payment by the Lessee of:

          (i) the purchase price for a consummated sale of such Leased Property received by the Agent in
connection with the Lessee’s exercise of a Purchase Option under Section 14.1 of the Lease or the
Lessee’s or the Construction Agent’s exercise of its option to purchase such Leased Property under
Section 5.3 of the Construction Agency Agreement, or

          (ii) the payment payable in connection with the Lessee’s compliance with its obligation to
purchase the Leased Property in accordance with Section 14.2 or 14.3 of the Lease, or

          (iii) the Leased Property Balance therefor in accordance with Section 10.1 or Section 10.2 of
the Lease, shall be distributed by Agent as promptly as possible, to the Funding Parties
pro rata in accordance with, and for application to, their respective Funding Party
Balances in respect of such Leased Property or Properties.

     Section 6.5 Distribution and Application to Funding Party Balances of Lessee Payment of
Recourse Deficiency Amount Upon Exercise of Remarketing Option. With respect to any Leased
Property, the payment by the Lessee of the Recourse Deficiency Amount to the Agent on the Lease
Termination Date in accordance with Section 14.6 or Section 14.7 of the Lease following the
Lessee’s exercise of the Remarketing Option, shall be distributed by the

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Agent on a pro rata basis to the Lenders and the Lessor for application to the outstanding
principal of the A Loans and the A Allocated Amount in respect of such Leased Property. With
respect to any Leased Property, the payment by the Lessee or the Construction Agent of the
Construction Failure Payment with respect thereto pursuant to the Construction Agency Agreement
shall be distributed by the Agent, (i) first, on a pro rata basis to the Lenders and the Lessor for
application to the accrued and unpaid interest on the Loans and the accrued and unpaid Yield on the
Allocated Amount in respect of such Leased Property, (ii) second, on a pro rata basis to the
Lenders and the Lessor for application to the outstanding principal of the A Loans and the A
Allocated Amount related to such Leased Property, and (iii) third, on a pro rata basis to the
Lenders and the Lessor for application to the outstanding principal of the B Loan and the B
Allocated Amount in respect of such Leased Property.

     Section 6.6 Distribution and Application to Funding Party Balances of Remarketing Proceeds
of Leased Property.

     (a) Proceeds from Sale on Remarketing. Any payments received by the Lessor as
proceeds from the sale of any Leased Property sold pursuant to the Lessee’s exercise of the
Remarketing Option pursuant to Section 14.6 or 14.7 of the Lease shall be distributed (or applied,
in the case of clause third below) by the Lessor as promptly as possible in the following
order of priority:

     first, to the extent not previously deducted from such proceeds, to the
Agent and the Funding Parties as reimbursement for any and all reasonable
remarketing, sale, closing or other transfer costs, prorations or commissions
(including broker fees, appraisal costs, legal fees and expenses and transfer
taxes), paid or incurred by the Agent or any Funding Party and not reimbursed by the
Lessee, pro rata according to the amount of such costs and fees;

     second, to the Lenders and the Lessor pro rata for
application to all accrued and unpaid interest and Yield on, and outstanding
principal of, their Loans and Allocated Amount in respect of the related Leased
Property, an amount equal to all accrued and unpaid interest and Yield on, and the
outstanding principal of such Loans and Allocated Amount in respect of such Leased
Property;

     third, to the Funding Parties pro rata for application
to any other amount owing to the Funding Parties under the Operative Documents in
respect of the related Leased Property, an amount equal to such other amounts; and

     fourth, (i) if sold by the Lessee pursuant to Section 14.6 of the
Lease, the excess, if any, to the Lessee, and (ii) if Section 14.7 of the Lease
applies, the excess, if any, to the Lessor.

     (b) Sale Following Construction Failure. Any payments received by the Lessor as
proceeds from the sale of any Leased Property sold following the payment of the Construction
Failure Payment shall be distributed (or applied, as appropriate) by the Lessor as promptly as
possible in the following order of priority:

-35-

 

     first, to the Funding Parties or the Agent, as the case may be, in
reimbursement of all reasonable costs, expenses and taxes, if any, incurred by any
of them to complete the construction of such Leased Property, maintain, operate and
insure such Leased Property, remarket such Leased Property and sell such Leased
Property, including, without limitation, sales, transfer and real property taxes,
brokers’ fees. legal fees, survey costs, interest and security charges, in each
case, pro rata according to the amount of such costs, expenses and taxes;

     second, to the Lenders and the Lessor pro rata for
application to their Loans and the Allocated Amount in respect of such Leased
Property, an amount equal to the difference, if any, between the Construction Period
Lease Balance with respect to such Leased Property and the Construction Failure
Payment, if any, actually received by the Lessor;

     third, to the extent that the Construction Agent has paid to the Lessor
the Construction Failure Payment or the Permitted Lease Balance with respect to such
Leased Property pursuant to the Construction Agency Agreement, to the Construction
Agent to reimburse it to the extent of such payment of such Construction Failure
Payment or Permitted Lease Balance, as the case may be;

     fourth, to the Lenders and the Lessor pro rata for
application to their remaining Loans and Allocated Amount in respect of such Leased
Property, an amount equal to such remaining outstanding Loans and Allocated Amount
until reduced to zero; and

     fifth, to the Lessor.

     Section 6.7 Distribution and Application of Payments Received When an Event of Default
Exists.

     (a) Proceeds of Leased Property. Any payments received by the Lessor or the Agent
when an Event of Default exists, as

          (i) proceeds from the sale of any or all of the Leased Property sold pursuant to the exercise
of the Lessor’s remedies pursuant to Article XIII of the Lease, or

          (ii) proceeds of any amounts from any insurer or any Governmental Authority in connection with
an Event of Loss or Event of Taking

shall if received by the Lessor be paid to the Agent as promptly as possible, and shall be
distributed or applied in the following order of priority:

     first, to the Agent for any amounts reasonably expended by it in
connection with such Leased Property or the Operative Documents and not previously
reimbursed to it;

     second, to the Lenders and the Lessor pro rata for
application to all accrued and unpaid interest and Yield on, and outstanding
principal of, their

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Loans and the Allocated Amount in respect of all of the Leased Properties, an
amount equal to all accrued and unpaid interest and Yield on, and outstanding
principal of, such Loans and the Allocated Amount;

     third, to the Funding Parties pro rata for application
to any other amount owing to the Funding Parties under the Operative Documents; and

     fourth, to the Lessee or the Person or Persons otherwise legally
entitled thereto, the excess, if any.

     (b) Proceeds of Recoveries from Lessee. Any payments received by any Funding Party
when an Event of Default exists from the Lessee as a payment in accordance with the Lease or from
the Guarantor pursuant to the Guaranty Agreement shall be paid to the Agent as promptly as
possible, and shall then be distributed or applied by the Agent as promptly as possible in the
order of priority set forth in paragraph (a) above.

     Section 6.8 Distribution of Other Payments. All payments under Section 7.6 of
this Master Agreement shall be made to the Funding Parties, pro rata, until their
Funding Party Balances have been paid in full. Except as otherwise provided in this Section
6, any payment received by the Lessor which is to be paid to Agent pursuant hereto or for which
provision as to the application thereof is made in an Operative Document but not elsewhere in this
Section 6 shall, if received by the Lessor, be paid forthwith to the Agent and when
received shall be distributed forthwith by the Agent to the Person and for the purpose for which
such payment was made in accordance with the terms of such Operative Document.

     Section 6.9 Timing of Agent Distributions. Payments received by the Agent in
immediately available funds before 12:00 p.m. (noon), Atlanta, Georgia time, on any Business Day
shall be distributed to the Funding Parties in accordance with and to the extent provided in this
Section 6 on such Business Day. Payments received by the Agent in immediately available
funds after 12:00 p.m. (noon), Atlanta, Georgia time shall be distributed to the Funding Parties in
accordance with and to the extent provided in this Section 6 on the next Business Day.

     Section 6.10 Release of Leased Properties.

     (a) Purchase or Sale of Leased Properties. If the Lessee shall at any time purchase
any or all of the Leased Properties pursuant to Section 13.3 or Article 14 of the Lease, or if any
or all of the Leased Properties shall be sold in accordance with, and the Lessee otherwise
satisfies each of the obligations and conditions set forth in, Section 14.6 of the Lease in respect
thereof, then, upon application of such amounts to prepay the related Loans pursuant to this Master
Agreement and the Loan Agreement and the Agent’s and the Lenders’ receipt of all accrued interest
and any other payments due and owing from the Lessee and/or the Lessor to the Agent and the Lenders
on such date in respect thereof, such Leased Property or Properties, as the case may be, shall be
released from the applicable Mortgage and the Assignment of Lease and Rents, to the extent relating
to such Leased Property or Properties.

     (b) Payment in Full. Upon the termination of the Lenders’ Commitments and the payment
in full of all of the Loans and all other amounts owing by the Lessee and/or the Lessor hereunder
or under any other Operative Document to the Lessor, the Agent and the Lenders

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(other than unasserted indemnities), the Leased Properties shall be released from the
Mortgages and Assignments of Lease and Rents.

     (c) Other Documents. Upon request of the Lessor or the Lessee following a release of
any Leased Property described in paragraph (a) or (b) above, the Agent shall, at
the sole cost and expense of the Lessee, execute and deliver to the Lessor or the requesting Lessee
such documents as the Lessor or the Lessee shall reasonably request to evidence such release,
including, if requested, a release of the Assignments of Lease and Rents to the extent relating to
such Leased Property.

ARTICLE VII

INDEMNIFICATION

     Section 7.1 General Indemnification. The Lessee agrees, whether or not any of the
transactions contemplated hereby shall be consummated, to assume liability for, and to indemnify,
protect, defend, save and hold harmless each Indemnitee, on an After-Tax Basis, from and against,
any and all Claims that may be imposed on, incurred by or asserted, or threatened to be asserted,
against such Indemnitee, whether or not such Indemnitee shall also be indemnified as to any such
Claim by any other Person (provided that no Indemnitee shall have the right to double
recovery with respect to any Claim) and whether or not such Claim arises or accrues prior to any
Closing Date or after the Lease Termination Date, or results from such Indemnitee’s negligence, in
any way relating to or arising out of:

     (a) any of the Operative Documents or any of the transactions contemplated thereby, and any
amendment, modification or waiver in respect thereof; or

     (b) the purchase, design, construction, preparation, installation, inspection, delivery,
non-delivery, acceptance, rejection, ownership, management, possession, operation, rental, lease,
sublease, repossession, maintenance, repair, alteration, modification, addition, substitution,
storage, transfer of title, redelivery, use, financing, refinancing, disposition, operation,
condition, sale (including, without limitation, any sale pursuant to the Lease), return or other
disposition of all or any part of any interest in any Leased Property or the imposition of any
Lien, other than a Lessor Lien (or incurring of any liability to refund or pay over any amount as a
result of any Lien, other than a Lessor Lien) thereon, including, without limitation: (i) Claims
or penalties arising from any violation or alleged violation of law or in tort (strict liability or
otherwise), (ii) latent or other defects, whether or not discoverable, (iii) any Claim based upon a
violation or alleged violation of the terms of any restriction, easement, condition or covenant or
other matter affecting title to any Leased Property or any part thereof, (iv) the making of any
Alterations in violation of any standards imposed by any insurance policies required to be
maintained by the Lessee pursuant to the Lease which are in effect at any time with respect to any
Leased Property or any part thereof, (v) any Claim for patent, trademark or copyright infringement,
(vi) Claims arising from any public improvements with respect to any Leased Property resulting in
any charge or special assessments being levied against any Leased Property or any Claim for utility
“tap-in” fees, and (vii) Claims for personal injury or real or personal property damage occurring,
or allegedly occurring, on any Land, Building or Leased Property;

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     (c) the breach by CheckFree or the Lessee of any representation, warranty or covenant made by
it or deemed made by it in any Operative Document or any certificate required to be delivered by
any Operative Document (without giving effect to any exception in any representation based on
knowledge or on the absence of a Material Adverse Effect);

     (d) the retaining or employment of any broker, finder or financial advisor by CheckFree or the
Lessee to act on its behalf in connection with this Master Agreement, or the incurring of any fees
or commissions to which the Lessor, the Agent or any Lender might be subjected by virtue of their
entering into the transactions contemplated by this Master Agreement (other than fees or
commissions due to any broker, finder or financial advisor retained by the Lessor, the Agent or any
Lender);

     (e) the existence of any Lien (other than a Lessor Lien) on or with respect to any Leased
Property, the Construction, any Basic Rent or Supplemental Rent, title thereto, or any interest
therein, including any Liens which arise out of the possession, use, occupancy, construction,
repair or rebuilding of any Leased Property or by reason of labor or materials furnished or claimed
to have been furnished to the Construction Agent, the Lessee, or any of its contractors or agents
or by reason of the financing of any personalty or equipment purchased or leased by the Lessee or
Alterations constructed by the Lessee;

     (f) the transactions contemplated hereby or by any other Operative Document, in respect of the
application of Parts 4 and 5 of Subtitle B of Title I of ERISA and any prohibited transaction
described in Section 4975(c) of the Code; or

     (g) any act or omission by the Lessee under any Purchase Agreement or any other Operative
Document, or any breach by the Lessee of any requirement, condition, restriction or limitation in
any Deed, Purchase Agreement or Ground Lease;

provided, however, the Lessee shall not be required to indemnify any Indemnitee
under this Section 7.1 for any Claim to the extent that such Claim results from
(collectively, “Excepted Claims”): (1) any representation or warranty by such Indemnitee in
the Operative Documents being incorrect; (2) the willful misconduct or gross negligence of such
Indemnitee (other than gross negligence or willful misconduct imputed to such Indemnitee solely by
reason of its interest in any Leased Property); (3) Lessor Liens; (4) the voluntary transfer by any
Indemnitee, other than in accordance with the Operative Documents or in connection with the
exercise of rights, powers or remedies under any of the Operative Documents, of any Leased Property
or any interest therein; or (5) claims from any acts or omissions occurring after the latest of the
Lease Termination Date, the sale of the Leased Property to a Person not affiliated with the Lessee
pursuant to the Lease, the termination of the obligations of the Construction Agent under the
Construction Agency Agreement, or the final indefeasible repayment to the Funding Parties in full
of the Lease Balance; and, provided, further, that with respect to each
Construction Land Interest, the Lessee’s indemnity obligations set forth in this Section
7.1 with respect to such Leased Property shall be governed solely by Section 3.3 of the
Construction Agency Agreement during the Construction Term therefor. It is expressly understood
and agreed that the indemnity provided for herein shall survive the expiration or termination of,
and shall be separate and independent from any other remedy under this Master Agreement, the Lease
or any other Operative Document.

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     Section 7.2 Environmental Indemnity. In addition to and without limitation of
Section 7.1 or Section 3.3 of the Construction Agency Agreement (but subject to the proviso
set forth below), the Lessee agrees to indemnify, hold harmless and defend each Indemnitee, on an
After-Tax Basis, from and against any and all claims (including without limitation third party
claims for personal injury or real or personal property damage), losses (including but not limited
to any loss of value of any Leased Property), damages, liabilities, fines, penalties, charges,
suits, settlements, demands, administrative and judicial proceedings (including informal
proceedings and investigations) and orders, judgments, remedial action, requirements, enforcement
actions of any kind, and all reasonable costs and expenses actually incurred in connection
therewith (including, but not limited to, reasonable attorneys’ and/or paralegals’ fees and
expenses), including, but not limited to, all costs incurred in connection with any investigation
or monitoring of site conditions or any clean-up, remedial, removal or restoration work by any
federal, state or local government agency, arising directly or indirectly, in whole or in part, out
of

     (i) the presence on or under any Land of any Hazardous Materials, or any
releases or discharges of any Hazardous Materials on, under, from or onto any Land,

     (ii) any activity, including, without limitation, construction, carried on or
undertaken on or off any Land, and whether by the Lessee or any predecessor in title
or any employees, agents, contractors or subcontractors of the Lessee or any
predecessor in title, or any other Person, in connection with the handling,
treatment, removal, storage, decontamination, clean-up, transport or disposal of any
Hazardous Materials that at any time are located or present on or under or that at
any time migrate, flow, percolate, diffuse or in any way move onto or under any
Land,

     (iii) loss of or damage to any property or the environment (including, without
limitation, clean-up costs, response costs, remediation and removal costs, cost of
corrective action, costs of financial assurance, fines and penalties and natural
resource damages), or death or injury to any Person, and all expenses associated
with the protection of wildlife, aquatic species, vegetation, flora and fauna, and
any mitigative action required by or under Environmental Laws, in each case to the
extent related to any Leased Property,

     (iv) any claim concerning any Leased Property’s lack of compliance with
Environmental Laws, or any act or omission causing an environmental condition on or
with respect to any Leased Property that requires remediation or would allow any
governmental agency to record a lien or encumbrance on the land records, or

     (v) any residual contamination on or under any Land, or affecting any natural
resources on any Land, and to any contamination of any property or natural resources
arising in connection with the generation, use, handling, storage, transport or
disposal of any such Hazardous Materials on or from any Leased Property; in each
case irrespective of whether any of such activities were or will

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be undertaken in accordance with applicable laws, regulations, codes and
ordinances;

in any case with respect to the matters described in the foregoing clauses (i) through
(v) that arise or occur

     (a) prior to or during the Lease Term,

     (b) at any time during which the Lessee or any Affiliate thereof owns any interest in
or otherwise occupies or possesses any Leased Property or any portion thereof,

     (c) during any period after and during the continuance of any Event of Default; or

     (d) during any period of up to three years following the date an Indemnitee takes
possession of any Leased Property and during which such Indemnitee retains such possession;

provided, however, Lessee shall not be required to indemnify any Indemnitee under
this Section 7.2 for any Claim to the extent that such Claim results from the willful
misconduct or gross negligence of such Indemnitee (other than gross negligence or willful
misconduct imputed to such Indemnitee solely by reason of its interest in any Leased Property; and
provided, further, with respect to matters arising or occurring within the period
described in subparagraph (d) above, that the Lessee also shall not be required to
indemnify any Indemnitee under this Section 7.2 for any Claim to the extent that such Claim
results from any act or omission occurring after the date on which Indemnitee so took possession).
It is expressly understood and agreed that the indemnity provided for herein shall survive the
expiration or termination of, and shall be separate and independent from any other remedy under
this Master Agreement, the Lease or any other Operative Document.

     Section 7.3 Proceedings in Respect of Claims. With respect to any amount that the
Lessee is requested by an Indemnitee to pay by reason of Section 7.1 or 7.2, such
Indemnitee shall, if so requested by the Lessee and prior to any payment, submit such additional
information to the Lessee as the Lessee may reasonably request and which is in the possession of,
or under the control of, such Indemnitee to substantiate properly the requested payment. In case
any action, suit or proceeding shall be brought against any Indemnitee, such Indemnitee promptly
shall notify the Lessee of the commencement thereof (provided that the failure of such
Indemnitee to promptly notify the Lessee shall not affect the Lessee’s obligation to indemnify
hereunder except to the extent that the Lessee’s rights to contest are materially prejudiced by
such failure), and the Lessee shall be entitled, at its expense, to participate in, and, to the
extent that the Lessee desires to, assume and control the defense thereof with counsel reasonably
satisfactory to such Indemnitee; provided, however, that such Indemnitee may pursue
a motion to dismiss such Indemnitee from such action, suit or proceeding with counsel of such
Indemnitee’s choice at the Lessee’s expense; and provided further that the Lessee
may assume and control the defense of such proceeding only if the Lessee shall have acknowledged in
writing its obligations to fully indemnify such Indemnitee in respect of such action, suit or
proceeding, Lessee shall pay all reasonable costs and expenses related to such action, suit or
proceeding as

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and when incurred and the Lessee shall keep such Indemnitee fully apprised of the status of
such action, suit or proceeding and shall provide such Indemnitee with all information with respect
to such action, suit or proceeding as such Indemnitee shall reasonably request; and,
provided further, that the Lessee shall not be entitled to assume and control the
defense of any such action, suit or proceeding if and to the extent that, (A) in the reasonable
opinion of such Indemnitee, (x) such action, suit or proceeding involves any possibility of
imposition of criminal liability or any material risk of civil liability on such Indemnitee in
excess of $5,000,000 (unless, in the case of the risk of civil liability, the Lessee has posted a
bond or other security, or made other arrangements with respect to such potential liability, as is
reasonably satisfactory to such Indemnitee) or (y) such action, suit or proceeding will involve a
material risk of the sale, forfeiture or loss of, or the creation of any Lien (other than a
Permitted Lien) on any Leased Property or any part thereof unless the Lessee shall have posted a
bond or other security satisfactory to the relevant Indemnitees in respect to such risk or (z) the
control of such action, suit or proceeding would involve an actual or potential conflict of
interest, (B) such proceeding involves Claims not fully indemnified by the Lessee which the Lessee
and the Indemnitee have been unable to sever from the indemnified claim(s), or (C) an Event of
Default has occurred and is continuing. The Indemnitee may participate in a reasonable manner at
its own expense and with its own counsel in any proceeding conducted by the Lessee in accordance
with the foregoing.

     If the Lessee fails to fulfill the conditions to the Lessee’s assuming the defense of any
claim after receiving notice thereof on or prior to the later of (a) the date that is five (5) days
after receiving notice thereof and (b) the date that is fifteen (15) days prior to the date that an
answer or response is required, the Indemnitee may undertake such defense, at the Lessee’s expense.
The Lessee shall not enter into any settlement or other compromise with respect to any Claim which
admits any liability or wrong-doing on part of any Indemnitee or which is in excess of $1,000,000
which is entitled to be indemnified under Section 7.1 or 7.2 without the prior
written consent of the related Indemnitee, which consent shall not be unreasonably withheld or
delayed. Unless an Event of Default shall have occurred and be continuing, no Indemnitee shall
enter into any settlement or other compromise with respect to any claim which is entitled to be
indemnified under Section 7.1 or 7.2 without the prior written consent of the
Lessee, which consent shall not be unreasonably withheld, unless such Indemnitee waives its right
to be indemnified under Section 7.1 or 7.2 with respect to such Claim.

     Upon payment in full of any Claim by the Lessee pursuant to Section 7.1 or 7.2
to or on behalf of an Indemnitee, the Lessee, without any further action, shall be subrogated to
any and all claims that such Indemnitee may have relating thereto (other than claims in respect of
insurance policies maintained by such Indemnitee at its own expense), and such Indemnitee shall
execute such instruments of assignment and conveyance, evidence of claims and payment and such
other documents, instruments and agreements as may be reasonably necessary to preserve any such
claims and otherwise cooperate with the Lessee and give such further assurances as are reasonably
necessary or advisable to enable the Lessee vigorously to pursue such claims.

     If for any reason the indemnification provided for in Section 7.1 or 7.2 is
unavailable to an Indemnitee or is insufficient to hold an Indemnitee harmless, then the Lessee
agrees to contribute to the amount paid or payable by such Indemnitee as a result of such loss,
claim, damage or liability in such proportion as is appropriate to reflect not only the relative
benefits

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received by such Indemnitee on the one hand and by the Lessee on the other hand but also the
relative fault of such Indemnitee as well as any other relevant equitable considerations. It is
expressly understood and agreed that the right to contribution provided for herein shall survive
the expiration or termination of and shall be separate and independent from any other remedy under
this Master Agreement, the Lease or any other Operative Document.

     Section 7.4 General Tax Indemnity.

     (a) Tax Indemnity. Except as otherwise provided in this Section 7.4, the
Lessee shall pay on an After-Tax Basis, and on written demand shall indemnify and hold each Tax
Indemnitee harmless from and against, any and all fees (including, without limitation,
documentation, recording, license and registration fees), taxes (including, without limitation,
income, gross receipts, sales, rental, use, turnover, value-added, property, excise and stamp
taxes), levies, imposts, duties, charges, assessments or withholdings of any nature whatsoever,
together with any penalties, fines or interest thereon or additions thereto (any of the foregoing
being referred to herein as “Taxes” and individually as a “Tax” (for the purposes of this
Section 7.4, the definition of “Taxes” includes amounts imposed on, incurred by, or
asserted against each Tax Indemnitee as the result of any prohibited transaction, within the
meaning of Section 406 or 407 of ERISA or Section 4975(c) of the Code, arising out of the
transactions contemplated hereby or by any other Operative Document)) imposed on or with respect to
any Tax Indemnitee, the Lessee, CheckFree, any Leased Property or any portion thereof or any Land,
or any sublessee or user thereof, by the United States or by any state or local government or other
taxing authority in the United States in connection with or in any way relating to (i) the
acquisition, financing, mortgaging, construction, preparation, installation, inspection, delivery,
non-delivery, acceptance, rejection, purchase, ownership, possession, rental, lease, sublease,
maintenance, repair, storage, transfer of title, redelivery, use, operation, condition, sale,
return or other application or disposition of all or any part of any Leased Property or the
imposition of any Lien (or incurrence of any liability to refund or pay over any amount as a result
of any Lien) thereon, (ii) Basic Rent or Supplemental Rent or the receipts or earnings arising from
or received with respect to any Leased Property or any part thereof, or any interest therein or any
applications or dispositions thereof, (iii) any other amount paid or payable pursuant to the Note
or any other Operative Documents, (iv) any Leased Property, any Land or any part thereof or any
interest therein (including, without limitation, all assessments payable in respect thereof,
including, without limitation, all assessments noted on the related Title Policy), (v) all or any
of the Operative Documents, any other documents contemplated thereby, any amendments and
supplements thereto, and (vi) otherwise with respect to or in connection with the transactions
contemplated by the Operative Documents. Notwithstanding anything to the contrary in this Section
7.4, during the Construction Term for any Construction Land Interest, (i) the Lessee shall only be
obligated to indemnify the Lessor and its Affiliates, successors, permitted assigns, permitted
transferees, employees, officers, directors and agents, with respect to Taxes related to such
Construction Land Interest, (ii) Lessor hereby indemnifies the other Tax Indemnitees (as defined in
clause (ii) of the definition thereof) for such Taxes, to the extent that Lessor receives payment
therefor from the Lessee and (iii) the Lessee shall not be obligated to indemnify the Lessor or the
Lenders with respect to any Taxes that result from a change in law occurring after the Initial
Closing Date.

     (b) Exclusions from General Tax Indemnity. Section 7.4(a) shall not apply to:

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          (i) Taxes on, based on, or measured by or with respect to net income of the Lessor, the Agent
and the Lenders (including, without limitation, minimum Taxes, capital gains Taxes, Taxes on or
measured by items of tax preference or alternative minimum Taxes) other than (A) any such Taxes
that are, or are in the nature of, sales, use, license, rental or property Taxes, and (B)
withholding Taxes imposed by the United States or any state in which Leased Property is located (i)
on payments with respect to the Note, to the extent imposed by reason of a change in Applicable Law
occurring after the date on which Lender became a Lender hereunder or (ii) on Rent, to the extent
the net payment of Rent after deduction of such withholding Taxes would be less than amounts
currently payable with respect to the Funded Amounts;

          (ii) Taxes on, based on, or in the nature of, or measured by Taxes on doing business and
business privilege, franchise, capital, capital stock, net worth, gross receipts or similar Taxes,
other than (A) any increase in such Taxes imposed on such Tax Indemnitee by any state in which
Leased Property is located, net of any decrease in such taxes realized by such Tax Indemnitee, to
the extent that such tax increase would not have occurred if on each Funding Date the Lessor and
the Lenders had advanced funds to the Lessee or the Construction Agent in the form of loans secured
by the Leased Property in an amount equal to the Funded Amounts funded on such Funding Date, with
debt service for such loans equal to the Basic Rent payable on each Payment Date and a principal
balance at the maturity of such loans in a total amount equal to the Funded Amounts at the end of
the Lease Term, or (B) any Taxes that are or are in the nature of sales, use, rental, license or
property Taxes relating to any Leased Property;

          (iii) Taxes that are based on, or measured by, the fees or other compensation received by a
Person acting as Agent (in its individual capacities) or any Affiliate of any thereof for acting as
trustee under any Loan Document;

          (iv) Taxes that result from any act, event or omission, or are attributable to any period of
time, that occurs after the earlier of (A) the expiration of the Lease Term with respect to any
Leased Property and, if such Leased Property is required to be returned to the Lessor in accordance
with the Lease, such return and (B) the discharge in full of the Lessee’s obligations to pay the
Lease Balance, or any amount determined by reference thereto, with respect to any Leased Property
and all other amounts due under the Lease, unless such Taxes relate to acts, events or matters
occurring prior to the earlier of such times or are imposed on or with respect to any payments due
under the Operative Documents after such expiration or discharge;

          (v) Taxes imposed on a Tax Indemnitee that result from any voluntary sale, assignment,
transfer or other disposition or bankruptcy by such Tax Indemnitee or any related Tax Indemnitee of
any interest in any Leased Property or any part thereof, or any interest therein or any interest or
obligation arising under the Operative Documents, or from any sale, assignment, transfer or other
disposition of any interest in such Tax Indemnitee or any related Tax Indemnitee, it being
understood that each of the following shall not be considered a voluntary sale: (A) any
substitution, replacement or removal of any of the Leased Property by the Lessee, (B) any sale or
transfer resulting from the exercise by the Lessee of any termination option, any purchase option
or sale option, (C) any sale or transfer while an Event of Default shall have occurred and be
continuing, and (D) any sale or transfer resulting from the Lessor’s exercise of remedies under the
Lease;

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          (vi) any Tax which is being contested in accordance with the provisions of Section
7.4(c), during the pendency of such contest;

          (vii) any Tax that is imposed on a Tax Indemnitee as a result of such Tax Indemnitee’s gross
negligence or willful misconduct (other than gross negligence or willful misconduct imputed to such
Tax Indemnitee solely by reason of its interest in any Leased Property);

          (viii) any Tax that results from a Tax Indemnitee engaging, with respect to any Leased
Property, in transactions unrelated to the Leased Properties or the transactions contemplated by
the Operative Documents;

          (ix) to the extent any interest, penalties or additions to tax result in whole or in part from
the failure of a Tax Indemnitee to file a return or pay a Tax that it is required to file or pay in
a proper and timely manner, unless such failure (A) results from the transactions contemplated by
the Operative Documents in circumstances where the Lessee did not give timely notice to such Tax
Indemnitee (and such Tax Indemnitee otherwise had no actual knowledge) of such filing or payment
requirement that would have permitted a proper and timely filing of such return or payment of such
Tax, as the case may be, or (B) results from the failure of the Lessee to supply information
necessary for the proper and timely filing of such return or payment of such Tax, as the case may
be, that was not in the possession of such Tax Indemnitee; and

          (x) any Tax that results from the breach by the Lessor of its representation and warranty made
in Section 4.3(d) or the breach of any Lender of its representation and warranty made in
Section 4.4(b).

     (c) Contests. If any claim shall be made against any Tax Indemnitee or if any
proceeding shall be commenced against any Tax Indemnitee (including a written notice of such
proceeding) for any Taxes as to which the Lessee may have an indemnity obligation pursuant to
Section 7.4, or if any Tax Indemnitee shall determine that any Taxes as to which the Lessee
may have an indemnity obligation pursuant to Section 7.4 may be payable, such Tax
Indemnitee shall promptly notify the Lessee. The Lessee shall be entitled, at its expense, to
participate in, and, to the extent that the Lessee desires to, assume and control the defense
thereof; provided, however, that the Lessee, shall have acknowledged in writing its
obligation to fully indemnify such Tax Indemnitee in respect of such action, suit or proceeding if
the contest is unsuccessful; and, provided further, that the Lessee shall not be
entitled to assume and control the defense of any such action, suit or proceeding (but the Tax
Indemnitee shall then contest, at the sole cost and expense of the Lessee, on behalf of the Lessee
with representatives reasonably satisfactory to the Lessee) if and to the extent that, (A) in the
reasonable opinion of such Tax Indemnitee, such action, suit or proceeding (x) involves any risk of
imposition of criminal liability or any material risk of civil liability in excess of $5,000,000
(unless, in the case of the risk of civil liability, the Lessee has posted a bond or other
security, or made other arrangements with respect to such potential liability, as is reasonably
satisfactory to such Tax Indemnitee) on such Tax Indemnitee or (y) will involve a material risk of
the sale, forfeiture or loss of, or the creation of any Lien (other than a Permitted Lien) on any
Leased Property or any part thereof unless the Lessee shall have posted a bond or other security
satisfactory to the relevant Tax Indemnitees in respect to

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such risk, (B) such proceeding involves Claims not fully indemnified by the Lessee which the
Lessee and the Tax Indemnitee have been unable to sever from the indemnified claim(s), (C) an Event
of Default has occurred and is continuing, (D) such action, suit or proceeding involves matters
which extend beyond or are unrelated to the Transaction and if determined adversely could be
materially detrimental to the interests of such Tax Indemnitee notwithstanding indemnification by
the Lessee or (E) such action, suit or proceeding involves the federal or any state income tax
liability of the Tax Indemnitee. With respect to any contests controlled by a Tax Indemnitee, (i)
if such contest relates to the federal or any state income tax liability of such Tax Indemnitee,
such Tax Indemnitee shall be required to conduct such contest only if the Lessee shall have
provided to such Tax Indemnitee an opinion of independent tax counsel selected by the Tax
Indemnitee and reasonably satisfactory to the Lessee stating that a reasonable basis exists to
contest such claim or (ii) in the case of an appeal of an adverse determination of any contest
relating to any Taxes, an opinion of such counsel to the effect that such appeal is more likely
than not to be successful, provided, however, such Tax Indemnitee shall in no event
be required to appeal an adverse determination to the United States Supreme Court. The Tax
Indemnitee may participate in a reasonable manner at its own expense and with its own counsel in
any proceeding conducted by the Lessee in accordance with the foregoing.

     Each Tax Indemnitee shall, at the Lessee’s expense, supply the Lessee with such information
and documents in such Tax Indemnitee’s possession as are reasonably requested by the Lessee and are
necessary or advisable for the Lessee to participate in any action, suit or proceeding to the
extent permitted by this Section 7.4. Unless an Event of Default shall have occurred and
be continuing, no Tax Indemnitee shall enter into any settlement or other compromise with respect
to any Claim which is entitled to be indemnified under this Section 7.4 without the prior
written consent of the Lessee, which consent shall not be unreasonably withheld, unless such Tax
Indemnitee waives its right to be indemnified under this Section 7.4 with respect to such
Claim.

     Notwithstanding anything contained herein to the contrary, (a) a Tax Indemnitee will not be
required to contest a claim with respect to the imposition of any Tax if such Tax Indemnitee shall
waive its right to indemnification under this Section 7.4 with respect to such claim (and
any related claim with respect to other taxable years the contest of which is precluded as a result
of such waiver) and (b) no Tax Indemnitee shall be required to contest any claim if the subject
matter thereof shall be of a continuing nature and shall have previously been decided adversely,
unless there has been a change in law which in the opinion of Tax Indemnitee’s counsel creates
substantial authority for the success of such contest. Each of Tax Indemnitee and the Lessee shall
consult in good faith with each other regarding the conduct of such contest controlled by either.

     (d) Reimbursement for Tax Savings. If (x) a Tax Indemnitee shall obtain a credit or
refund of any Taxes paid by the Lessee pursuant to this Section 7.4 or (y) by reason of the
incurrence or imposition of any Tax for which a Tax Indemnitee is indemnified hereunder or any
payment made to or for the account of such Tax Indemnitee by the Lessee pursuant to this
Section 7.4, such Tax Indemnitee at any time realizes a reduction in any Taxes for which
the Lessee is not required to indemnify such Tax Indemnitee pursuant to this Section 7.4,
which reduction in Taxes was not taken into account in computing such payment by the Lessee to or
for the account of such Tax Indemnitee, then such Tax Indemnitee shall promptly pay to the Lessee

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(xx) the amount of such credit or refund, together with the amount of any interest received by
such Tax Indemnitee on account of such credit or refund or (yy) an amount equal to such reduction
in Taxes, as the case may be; provided that no such payment shall be made so long as an
Event of Default shall have occurred and be continuing (but shall be paid promptly after all Events
of Default have been cured) and, provided, further, that the amount payable to the
Lessee by any Tax Indemnitee pursuant to this Section 7.4(d) shall not at any time exceed
the aggregate amount of all indemnity payments made by the Lessee under this Section 7.4 to
such Tax Indemnitee with respect to the Taxes which gave rise to the credit or refund or with
respect to the Tax which gave rise to the reduction in Taxes less the amount of all prior payments
made to the Lessee by such Tax Indemnitee under this Section 7.4(d). Each Tax Indemnitee
agrees to act in good faith to claim such refunds and other available Tax benefits, and take such
other actions as may be reasonable to minimize any payment due from the Lessee pursuant to this
Section 7.4. The disallowance or reduction of any credit, refund or other tax savings with
respect to which a Tax Indemnitee has made a payment to the Lessee under this Section
7.4(d) shall be treated as a Tax for which the Lessee is obligated to indemnify such Tax
Indemnitee hereunder without regard to Section 7.4(b) hereof.

     (e) Payments. Any Tax indemnifiable under this Section 7.4 shall be paid by
the Lessee directly when due to the applicable taxing authority if direct payment is practicable
and permitted. If direct payment to the applicable taxing authority is not permitted or is
otherwise not made, any amount payable to a Tax Indemnitee pursuant to Section 7.4 shall be
paid within thirty (30) days after receipt of a written demand therefor from such Tax Indemnitee
accompanied by a written statement describing in reasonable detail the amount so payable, but not
before the date that the relevant Taxes are due. Any payments made pursuant to Section 7.4
shall be made to the Tax Indemnitee entitled thereto or the Lessee, as the case may be, in
immediately available funds at such bank or to such account as specified by the payee in written
directions to the payor, or, if no such direction shall have been given, by check of the payor
payable to the order of the payee by certified mail, postage prepaid at its address as set forth in
this Master Agreement. Upon the request of any Tax Indemnitee with respect to a Tax that the
Lessee is required to pay, the Lessee shall furnish to such Tax Indemnitee the original or a
certified copy of a receipt for the Lessee’s payment of such Tax or such other evidence of payment
as is reasonably acceptable to such Tax Indemnitee.

     (f) Reports. If the Lessee knows of any report, return or statement required to be
filed with respect to any Taxes that are subject to indemnification under this Section 7.4,
the Lessee shall, if the Lessee is permitted by Applicable Law, timely file such report, return or
statement (and, to the extent permitted by law, show ownership of the applicable Leased Property in
the Lessee); provided, however, that if the Lessee is not permitted by Applicable
Law or does not have access to the information required to file any such report, return or
statement, the Lessee will promptly so notify the appropriate Tax Indemnitee, in which case Tax
Indemnitee will file such report. In any case in which the Tax Indemnitee will file any such
report, return or statement, the Lessee shall, upon written request of such Tax Indemnitee, prepare
such report, return or statement for filing by such Tax Indemnitee or, if such Tax Indemnitee so
requests, provide such Tax Indemnitee with such information as is reasonably available to the
Lessee.

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     (g) Verification. At the Lessee’s request, the amount of any indemnity payment by the
Lessee or any payment by a Tax Indemnitee to the Lessee pursuant to this Section 7.4 and
the amount added to an indemnity payment to arrive at the amount on an After-Tax Basis as is
specific in Section 7.1 shall be verified and certified by an independent public
accounting firm selected by the Lessee and reasonably acceptable to the Tax Indemnitee. Unless
such verification shall disclose an error in the Lessee’s favor of 5% or more of the related
indemnity payment, the costs of such verification shall be borne by the Lessee; otherwise, such
costs shall be borne by the related Tax Indemnitee. In no event shall the Lessee have the right to
review the Tax Indemnitee’s tax returns or receive any other confidential information from the Tax
Indemnitee in connection with such verification. The Tax Indemnitee agrees to cooperate with the
independent public accounting firm performing the verification and to supply such firm with all
information reasonably necessary to permit it to accomplish such verification, provided
that the information provided to such firm by such Tax Indemnitee shall be for its confidential
use. The parties agree that the sole responsibility of the independent public accounting firm
shall be to verify the amount of a payment pursuant to this Master Agreement and that matters of
interpretation of this Master Agreement are not within the scope of the independent accounting
firm’s responsibilities.

     Section 7.5 Increased Costs, etc.

     (a) Illegality. Notwithstanding any other provision herein, if any change in any
Requirement of Law or in the interpretation or application thereof shall make it unlawful for any
Funding Party to make or maintain LIBOR Advances as contemplated by this Master Agreement, (a) the
related Funding Party shall promptly notify the Agent of such circumstance, and the Agent shall
promptly notify the Lessee thereof, (b) the commitment of such Funding Party hereunder to continue
LIBOR Advance as such and convert Funded Amounts to LIBOR Advance shall forthwith be cancelled and
(c) such Funding Party’s Funded Amounts then outstanding as LIBOR Advance, if any, shall be
converted automatically to Base Rate Advances on the respective last days of the then current Rent
Periods with respect to such Funded Amounts or within such earlier period as required by law. If
any such conversion of a LIBOR Advance occurs on a day which is not the last day of the then
current Rent Period with respect thereto, the Lessee shall pay to such Funding Party such amounts,
if any, as may be required pursuant to Section 7.5(f).

     (b) Requirements of Law. In the event that Eurocurrency Reserve Requirements or any
change in any Requirement of Law or in the interpretation or application thereof or compliance by
any Funding Party with any request or directive (whether or not having the force of law) from any
central bank or other Governmental Authority made subsequent to the date hereof:

          (i) shall subject any Funding Party to any tax of any kind whatsoever with respect to this
Master Agreement, the Note or any LIBOR Advance made by it, or change the basis of taxation of
payments to such Funding Party in respect thereof (except for taxes covered by Section
7.5(d) and changes in franchise taxes or the rate of tax on the overall net income of such
Funding Party);

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          (ii) shall impose, modify or hold applicable any reserve, special deposit, compulsory loan or
similar requirement against assets held by, deposits or other liabilities in or for the account of,
advances, loans or other extensions of credit by, or any other acquisition of funds by, any office
of such Funding Party; or

          (iii) shall impose on such Funding Party any other condition;

and the result of any of the foregoing is to increase the cost to such Funding Party, by an amount
which such Funding Party deems to be material, of making, converting into, continuing or
maintaining LIBOR Advances or to reduce any amount receivable hereunder in respect thereof then, in
any such case, the Lessee shall pay such Funding Party, within five (5) Business Days’ of demand,
any additional amounts necessary to compensate such Funding Party for such increased cost or
reduced amount receivable. If any Funding Party becomes entitled to claim any additional amounts
pursuant to this subsection in relation to such outstanding LIBOR Advances, it shall promptly
notify the Lessee, through the Agent, of the event by reason of which it has become so entitled. A
certificate as to any additional amounts payable pursuant to this subsection submitted by such
Funding Party, through the Agent, to the Lessee in good faith and setting forth in reasonable
detail the calculation of such amounts shall be conclusive in the absence of manifest error. The
provisions of this paragraph (b) shall survive the termination of this Master Agreement and
the Lease and the payment of the Note and all other amounts payable under the Operative Documents.

     (c) Capital Adequacy. In the event that any Funding Party or corporation controlling
such Funding Party shall have determined that any change in any Requirement of Law regarding
capital adequacy or in the interpretation or application thereof or compliance by such Funding
Party or such corporation with any request or directive regarding capital adequacy (whether or not
having the force of law) from any Governmental Authority made subsequent to the date hereof does or
shall have the effect of reducing the rate of return on such Funding Party’s capital as a
consequence of its obligations hereunder to a level below that which such Funding Party could have
achieved but for such change or compliance (taking into consideration such Funding Party’s policies
with respect to capital adequacy) by an amount deemed by such Funding Party to be material, then
from time to time, after submission by such Funding Party in good faith to the Lessee (with a copy
to the Agent) of a written request therefor setting forth in reasonable detail the calculation of
such amount (which request shall be conclusive in the absence of manifest error), the Lessee shall
pay to such Funding Party such additional amount or amounts as will compensate such Funding Party
for such reduction to the extent imposed generally on other lessees or borrowers with whom such
Funding Party has similar lease or credit arrangements (but in the case of outstanding Base Rate
Advances, without duplication of any amounts already covered by such Funding Party by reason of an
adjustment in the applicable Base Rate). The provisions of this paragraph (c) shall
survive the termination of this Master Agreement and the Lease and the payment of the Note and all
other amounts payable under the Operative Documents.

     (d) Taxes. Subject to Section 7.5(e), all payments made by a CheckFree Party
under the Lease and the other Operative Documents shall be made free and clear of, and without
deduction or withholding for or on account of, any present or future income, stamp or other taxes,
levies, imposts, duties, charges, fees, deductions or withholdings, now or hereafter

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imposed, levied, collected, withheld or assessed by any Governmental Authority, excluding, in
the case of the Agent and each Funding Party, net income taxes and franchise taxes (imposed in lieu
of net income taxes) imposed on the Agent or such Funding Party, as the case may be, as a result of
a present or former connection between the jurisdiction of the government or taxing authority
imposing such tax and the Agent or such Funding Party (excluding a connection arising solely from
the Agent or such Funding Party having executed, delivered or performed its obligations or received
a payment under, or enforced, this Master Agreement or any other Operative Document) or any
political subdivision or taxing authority thereof or therein (all such non-excluded taxes, levies,
imposts, duties, charges, fees, deductions and withholdings being hereinafter called
“Withholding Taxes”). If any Withholding Taxes are required to be withheld from any
amounts payable to the Agent or any Funding Party hereunder or under any other Operative Document,
the amounts so payable to the Agent or such Funding Party (so long as such Funding Party is in
compliance with Section 7.5(e), as appropriate) shall be increased to the extent necessary
to yield to the Agent or such Funding Party (after payment of all Withholding Taxes) interest or
any such other amounts payable hereunder at the rates or in the amounts specified in the Operative
Documents. Whenever any Withholding Taxes are payable by the Lessee, as promptly as possible
thereafter the Lessee shall send to the Agent for its own account or for the account of such
Funding Party, as the case may be, a certified copy of an original official receipt received by the
Lessee showing payment thereof. If the Lessee fails to pay any Withholding Taxes when due to the
appropriate taxing authority or fails to remit to the Agent the required receipts or other required
documentary evidence, the Lessee shall indemnify the Agent and the Funding Parties for any
incremental taxes, interest or penalties that may become payable by the Agent or any Funding Party
as a result of any such failure. The agreements in this subsection shall survive the termination
of this Master Agreement and the Lease and the payment of the Note and all other amounts payable
under the Operative Documents.

     (e) Tax Forms. Each Lender to this Master Agreement on the date hereof that is not
incorporated under the laws of the United States of America or a state thereof agrees that, on or
prior to the date hereof, it will deliver to the Lessee and the Agent two duly completed copies of
(i) United States Internal Revenue Service Form W-8BEN or W-8ECI or successor applicable form, as
the case may be, and (ii) an Internal Revenue Service Form W-9 or successor applicable form. Each
such Lender also agrees to deliver to the Lessee and the Agent two further copies of the said Form
W-8BEN or W-8ECI and Form W-9, or successor applicable forms or other manner of certification, as
the case may be, on or before the date that any such form expires or becomes obsolete or after the
occurrence of any event requiring a change in the most recent form previously delivered by it to
the Lessee, and such extensions or renewals thereof as may reasonably be requested by the Lessee or
the Agent, unless in any such case an event (including, without limitation, any change in treaty,
law or regulation) has occurred prior to the date on which any such delivery would otherwise be
required which renders all such forms inapplicable or which would prevent such Funding Party from
duly completing and delivering any such form with respect to it and such Funding Party so advises
the Lessee and the Agent. Such Lender shall certify (i) in the case of a Form W-8BEN or W-8ECI,
that it is entitled to receive payments under the Operative Documents without deduction or
withholding of any United States federal income taxes and (ii) in the case of a Form W-9, that it
is entitled to an exemption from United States backup withholding tax.

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     (f) Breakage Costs. The Lessee agrees to compensate each Funding Party for any loss
or expense which such Funding Party may sustain or incur as a consequence of (a) default by the
Lessee in payment when due of the principal amount of or interest on any LIBOR Advance, (b) default
by the Lessee in making a borrowing or conversion after the Lessee or the Construction Agent has
given (or is deemed to have given) a notice in accordance with this Master Agreement, (c) default
by the Lessee in making any prepayment of LIBOR Advances after the Lessee has given a notice
thereof in accordance with the provisions of the Operative Documents or (d) the making of a
prepayment, payment or conversion, of LIBOR Advances on a day which is not the last day of a Rent
Period with respect thereto, including, without limitation, in each case, any such loss (other than
non-receipt of the Applicable Margin or, without duplication, anticipated profits) or expense
arising from the reemployment of funds obtained by it or from fees payable to terminate the
deposits from which such funds were obtained (it being understood that any such calculation will be
made on notional amounts as the Funding Parties are not required to show that they matched deposits
specifically). A certificate as to any additional amounts payable pursuant to this subsection
submitted by such Funding Party, through the Agent, to the Lessee in good faith shall be conclusive
in the absence of manifest error. The provisions of this paragraph (f) shall survive the
termination of this Master Agreement and the Lease and the payment of the Note and all other
amounts payable under the Operative Documents.

     (g) Action of Affected Funding Parties. Each Funding Party agrees to use reasonable
efforts (including reasonable efforts to change the booking office for its Loans) to avoid or
minimize any illegality pursuant to Section 7.5(a) or any amounts which might otherwise be
payable pursuant to Section 7.5(c) or (d); provided, however, that
such efforts shall not cause the imposition on such Funding Party of any additional costs or legal
or regulatory burdens reasonably deemed by such Funding Party to be material and shall not be
deemed by such Funding Party to be otherwise contrary to its policies. In the event that such
reasonable efforts are insufficient to avoid all such illegality or all amounts that might be
payable pursuant to Section 7.5(c) or (d), then such Funding Party (the
“Affected Funding Party”) shall use its reasonable efforts to transfer to any other Funding
Party (which itself is not then an Affected Funding Party) its Loans and Commitment, subject to the
provisions of Section 6.2; provided, however, that such transfer shall not
be deemed by such Affected Funding Party, in its sole discretion, to be disadvantageous to it or
contrary to its policies. In the event that the Affected Funding Party is unable, or otherwise is
unwilling, so to transfer its Loans and Commitment, the Lessee may designate an alternate lender
(reasonably acceptable to the Agent) to purchase the Affected Funding Party’s Loans and Commitment,
at par and including accrued interest, and, subject to the provisions of Section 6.2, the
Affected Funding Party shall transfer its Commitment to such alternate lender and such alternate
lender shall become a Funding Party hereunder. Any fee payable to the Agent pursuant to
Section 6.2 in connection with such transfer shall be for the account of the Lessee.

     (h) Construction Land Interests. Any amounts payable by the Lessee pursuant to this
Section 7.5 with respect to Construction Land Interests during the Construction Term
therefor shall be paid with the proceeds of Advances. Notwithstanding anything to the contrary set
forth in this Section 7.5, the Lessee shall have not have any obligation to indemnify any
Funding Party for amounts described in this Section 7.5 that are incurred in connection
with Funded Amounts

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related to a Construction Land Interest during the Construction Term therefor resulting from a
change in law that occurs after the Initial Closing Date.

     Section 7.6 End of Term Indemnity. In the event that at the end of the Lease Term for
the Leased Properties: (i) the Lessee elects the option set forth in Section 14.6 of the Lease,
and (ii) after the Lessor receives the sales proceeds from the Leased Properties under Section 14.6
or 14.7 of the Lease, together with Lessee’s payment of the Recourse Deficiency Amount, the Lessor
shall not have received the entire Lease Balance, then, within 90 days after the end of the Lease
Term, the Lessor or the Agent may obtain, at Lessee’s sole cost and expense, a report from the
Appraiser (or, if the Appraiser is not available, another appraiser reasonably satisfactory to the
Lessor or the Agent, as the case may be, and approved by the Lessee, such approval not to be
unreasonably withheld) in form and substance reasonably satisfactory to the Lessor and the Agent
(the “Report”) to establish the reason for any decline in value of the Leased Properties
from the Lease Balance. The Lessee shall promptly reimburse the Lessor for the amount equal to
such decline in value (but not in excess of the difference between the Lease Balance and the amount
actually received by the Lessor with respect to the sale of the Leased Properties) to the extent
that the Report indicates that such decline was due to

     (a) during the time while any property was a Leased Property, extraordinary use, failure to
maintain, to repair, to restore, to rebuild or to replace as required by the Operative Documents,
failure by the Lessee to comply with all Applicable Laws, failure to use good workmanship with
respect to work performed after the Closing Date related to such Leased Property, method of
installation or removal or maintenance, repair, rebuilding or replacement, or any other cause or
condition within the power of the Lessee to control or effect resulting in the Building failing to
be of the type and quality contemplated by the Appraisal (excepting in each case ordinary wear and
tear), or

     (b) any Alteration made to, or any rebuilding of, any Leased Property or any part thereof by
the Lessee, or

     (c) any restoration or rebuilding carried out by the Lessee or any condemnation of any portion
of any Leased Property pursuant to Article X of the Lease, or

     (d) any use of any Leased Property or any part thereof by the Lessee other than as permitted
by the Lease, or any act or omission constituting a breach of any requirement, condition,
restriction or limitation set forth in the related Deed, related Ground Lease or the related
Purchase Agreement.

ARTICLE VIII

THE AGENT

     Section 8.1 Appointment. Each Funding Party hereby irrevocably designates and
appoints the Agent as the agent of such Funding Party under this Master Agreement and the other
Operative Documents, and each such Funding Party irrevocably authorizes the Agent, in such
capacity, to take such action on its behalf under the provisions of this Master Agreement and the
other Operative Documents and to exercise such powers and perform such duties as are expressly
delegated to the Agent by the terms of this Master Agreement and the other Operative

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Documents, together with such other powers as are reasonably incidental thereto.
Notwithstanding any provision to the contrary elsewhere in this Master Agreement or any other
Operative Document, the Agent shall not have any duties or responsibilities, except those expressly
set forth herein, or any fiduciary relationship with any Funding Party, and no implied covenants,
functions, responsibilities, duties, obligations or liabilities shall be read into this Master
Agreement or any other Operative Document or otherwise exist against the Agent.

     Section 8.2 Delegation of Duties. The Agent may execute any of its duties under this
Master Agreement and the other Operative Documents by or through agents or attorneys-in-fact and
shall be entitled to advice of counsel concerning all matters pertaining to such duties. The Agent
shall not be responsible for the negligence or misconduct of any agents or attorneys-in-fact
selected by it with reasonable care.

     Section 8.3 Exculpatory Provisions. Neither the Agent nor any of its officers,
directors, employees, agents, attorneys-in-fact or Affiliates shall be (a) liable for any action
lawfully taken or omitted to be taken by it or such Person under or in connection with this Master
Agreement or any other Operative Document (except for its or such Person’s own gross negligence or
willful misconduct) or (b) responsible in any manner to any of the Funding Parties for any
recitals, statements, representations or warranties made by the Lessor or the Lessee or any officer
thereof contained in this Master Agreement or any other Operative Document or in any certificate,
report, statement or other document referred to or provided for in, or received by the Agent under
or in connection with, this Master Agreement or any other Operative Document or for the value,
validity, effectiveness, genuineness, enforceability or sufficiency of this Master Agreement or any
other Operative Document or for any failure of the Lessor or the Lessee to perform its obligations
hereunder or thereunder. The Agent shall not be under any obligation to any Funding Party to
ascertain or to inquire as to the observance or performance of any of the agreements contained in,
or conditions of, this Master Agreement or any other Operative Document, or to inspect the
properties, books or records of the Lessor, the Guarantor or the Lessee.

     Section 8.4 Reliance by Agent. The Agent shall be entitled to rely, and shall be
fully protected in relying, upon any Note, writing, resolution, notice, consent, certificate,
affidavit, letter, telecopy, telex or teletype message, statement, order 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, without
limitation, counsel to the Lessor or the Lessee), independent accountants and other experts
selected by the Agent. The Agent may deem and treat each Lender as the owner of its pro rata share
of the Loans for all purposes unless a written notice of assignment, negotiation or transfer
thereof shall have been filed with the Agent. The Agent shall be fully justified in failing or
refusing to take any action under this Master Agreement or any other Operative Document unless it
shall first receive such advice or concurrence of the Required Lenders or Required Funding Parties,
as the case may be, as it deems appropriate or it shall first be indemnified to its satisfaction by
the Funding Parties against any and all liability and expense which may be incurred by it by reason
of taking or continuing to take any such action. Subject to the Operative Documents, the Agent
shall in all cases be fully protected in acting, or in refraining from acting, under this Master
Agreement and the other Operative Documents in accordance with a request of the Required Funding
Parties, and such request and any action taken or failure to act pursuant

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thereto shall be binding upon all the Lenders, the Lessor and all future holders of an
interest in the Note.

     Section 8.5 Notice of Default. The Agent shall not be deemed to have knowledge or
notice of the occurrence of any Loan Potential Event of Default, Loan Event of Default or Default
unless the Agent has received notice from a Lender, the Lessor or the Lessee, referring to this
Master Agreement, describing such Loan Potential Event of Default, Loan Event of Default or Default
and stating that such notice is a “notice of default”. In the event that the Agent receives such a
notice, the Agent shall give notice thereof to the Funding Parties. The Agent shall take such
action, subject to the Operative Documents with respect to such event as shall be reasonably
directed by the Required Funding Parties; provided that unless and until the Agent shall
have received such directions, the Agent may (but shall not be obligated to) take such action, or
refrain from taking such action, with respect to such event as it shall deem advisable in the best
interests of the Funding Parties.

     Section 8.6 Non-Reliance on Agent and Other Lenders. Each Funding Party expressly
acknowledges that neither the Agent nor any of its officers, directors, employees, agents,
attorneys-in-fact or Affiliates has made any representations or warranties to it and that no act by
the Agent hereinafter taken, including any review of the affairs of the Lessor, the Guarantor or
the Lessee, shall be deemed to constitute any representation or warranty by the Agent to any
Funding Party. Each Funding Party represents to the Agent that it has, independently and without
reliance upon the Agent or any other Funding Party, and based on such documents and information as
it has deemed appropriate, made its own appraisal of and investigation into the business,
operations, property, financial and other condition and creditworthiness of the Lessor, the
Guarantor and the Lessee and made its own decision to make its Fundings hereunder and under the
Loan Agreement, and enter into this Master Agreement. Each Funding Party also represents that it
will, independently and without reliance upon the Agent or any other Funding Party, 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 Master
Agreement and the other Operative Documents, and to make such investigation as it deems necessary
to inform itself as to the business, operations, property, financial and other condition and
creditworthiness of the Lessor, the Guarantor and the Lessee. Except for notices, reports and
other documents expressly required to be furnished to the Funding Parties by the Agent hereunder,
the Agent shall not have any duty or responsibility to provide any Funding Party with any credit or
other information concerning the business, operations, property, condition (financial or
otherwise), prospects or creditworthiness of the Lessor, the Guarantor or the Lessee which may come
into the possession of the Agent or any of its officers, directors, employees, agents,
attorneys-in-fact or Affiliates.

     Section 8.7 Indemnification. The Funding Parties agree to indemnify the Agent in its
capacity as such (to the extent not reimbursed by the Lessee and without limiting the obligation of
the Lessee to do so), ratably according to the percentage each Funding Party’s Commitment bears to
the total Commitments of all of the Funding Parties on the date on which indemnification is sought
under this Section 8.7 (or, if indemnification is sought after the date upon which the
Funding Parties’ Commitments shall have terminated and the Funded Amounts shall have been paid in
full, ratably in accordance with the percentage that each Funding Party’s Commitment bears to the
Commitments of all of the Funding Parties immediately prior to such

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date), from and against any and all liabilities, obligations, losses, damages, penalties,
actions, judgments, suits, costs, expenses or disbursements of any kind whatsoever which may at any
time (including, without limitation, at any time following the payment of the Note) be imposed on,
incurred by or asserted against the Agent in any way relating to or arising out of, the
Commitments, this Master Agreement, any of the other Operative Documents or any documents
contemplated by or referred to herein or therein or the transactions contemplated hereby or thereby
or any action taken or omitted by the Agent under or in connection with any of the foregoing;
provided that no Funding Party shall be liable for the payment of any portion of such
liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or
disbursements resulting solely from the Agent’s gross negligence or willful misconduct. The
agreements in this Section 8.7 shall survive the payment of the Note and all other amounts
payable hereunder.

     Section 8.8 Agent in Its Individual Capacity. The Agent and its Affiliates may make
loans to, accept deposits from and generally engage in any kind of business with the Lessor, the
Guarantor or the Lessee as though the Agent were not the Agent hereunder and under the other
Operative Documents. With respect to Funded Amounts made or renewed by it, the Agent shall have
the same rights and powers under this Master Agreement and the other Operative Documents as any
Funding Party and may exercise the same as though it were not the Agent, and the terms “Funding
Party” and “Funding Parties” shall include the Agent in its individual capacity. Each Lender
acknowledges that the Lessor is an Affiliate of the Agent and that the Agent in its individual
capacity has had and continues to have other business relations and transactions with CheckFree,
CheckFree’s Affiliates and the Lessor.

     Section 8.9 Liabilities of the Agent. The Agent shall have no duty, liability or
obligation to any party to this Master Agreement with respect to the transactions contemplated
hereby except those duties, liabilities or obligations expressly set forth in this Master Agreement
or the Loan Agreement, and any such duty, liability or obligations of the Agent shall be as
expressly limited by this Master Agreement or the Loan Agreement, as the case may be. All parties
to this Master Agreement acknowledge that the Agent is not, and will not be, performing any due
diligence with respect to documents and information received pursuant to this Master Agreement or
any other Operative Agreement including, without limitation, any Environmental Audit, Title Policy
or survey. The acceptance by the Agent of any such document or information shall not constitute a
waiver by any Funding Party of any representation or warranty of CheckFree or the Lessee even if
such document or information indicates that any such representation or warranty is untrue.

     Section 8.10 Successor Agent. The Agent may resign as Agent upon 20 days’ notice to
the Funding Parties effective upon the appointment of a successor agent. If the Agent shall resign
as Agent under this Master Agreement and the other Operative Documents, then the Required Funding
Parties shall appoint a successor agent for the Funding Parties, which successor agent shall be a
commercial bank organized under the laws of the United States of America or any State thereof or
under the laws of another country which is doing business in the United States of America and
having a combined capital, surplus and undivided profits of at least $100,000,000, whereupon such
successor agent shall succeed to the rights, powers and duties of the Agent, and the term “Agent”
shall mean such successor agent effective upon such appointment and approval, and the former
Agent’s rights, powers and duties as Agent shall be

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terminated, without any other or further act or deed on the part of such former Agent or any
of the parties to this Master Agreement or any holders of the Note. After any retiring Agent’s
resignation as Agent, all of the provisions of this Article VIII shall inure to its benefit
as to any actions taken or omitted to be taken by it while it was Agent under this Master Agreement
and the other Operative Documents.

ARTICLE IX

MISCELLANEOUS

     Section 9.1 Survival of Agreements. The representations, warranties, covenants,
indemnities and agreements of the parties provided for in the Operative Documents, and the parties’
obligations under any and all thereof, shall survive the execution and delivery of this Master
Agreement and any of the Operative Documents, the transfer of any Land to the Lessor as provided
herein (and shall not be merged into any Deed), any disposition of any interest of the Lessor in
any Leased Property, the purchase and sale of the Note, payment therefor and any disposition
thereof and shall be and continue in effect notwithstanding any investigation made by any party
hereto or to any of the other Operative Documents and the fact that any such party may waive
compliance with any of the other terms, provisions or conditions of any of the Operative Documents.

     Section 9.2 Documentary Conventions. The Documentary Conventions shall apply to this
Master Agreement.

     Section 9.3 Expenses. Whether or not the transactions herein contemplated are
consummated, the Lessee agrees to pay, as Supplemental Rent, all actual, reasonable and documented
out-of-pocket costs and expenses of the Lessor and the Agent in connection with the preparation,
execution and delivery of the Operative Documents and the documents and instruments referred to
therein and any amendment, waiver or consent relating thereto (including, without limitation, the
costs of residual value insurance obtained by the Lessor and reasonable fees and disbursements of
Greenberg Traurig, LLP) and of the Lessor, the Agent and the Lenders in connection with
endeavoring to enforce the Operative Documents and the documents and instruments referred to
therein (including, without limitation, the reasonable fees actually incurred and disbursements of
counsel for the Lessor, the Agent and the Lenders), unless such enforcement action is finally
denied by a court on the merits. All references in the Operative Documents to “attorneys’ fees” or
“reasonable attorneys fees” shall mean reasonable attorneys’ fees actually incurred, without regard
to any statutory definition thereof. Notwithstanding the foregoing, all such costs and expenses
related to the any Construction Land Interest shall be paid with the proceeds of Advances (subject
to the conditions set forth in this Master Agreement).

     Section 9.4 Liabilities of the Funding Parties; Sharing of Payments.

     (a) Independent Obligations. No Funding Party shall have any obligation to any other
Funding Party or to the Guarantor or the Lessee with respect to the transactions contemplated by
the Operative Documents except those obligations of such Funding Party expressly set forth in the
Operative Documents or except as set forth in the instruments delivered in connection therewith,
and no Funding Party shall be liable for performance by any other party hereto of such other
party’s obligations under the Operative Documents except as otherwise so set forth. No

-56-

 

Lender shall have any obligation or duty to CheckFree or the Lessee, any other Funding Parties
or any other Person with respect to the transactions contemplated hereby except to the extent of
the obligations and duties expressly set forth in this Master Agreement or the Loan Agreement.

     (b) Sharing of Payments. If any Funding Party shall obtain any payment (whether
voluntary or involuntary, or through the exercise of any right of set-off or otherwise) on account
of the Advances made by it in excess of its ratable share of payments on account of the Advances
obtained by all the Funding Parties, such Funding Parties shall forthwith purchase from the other
Funding Parties such participations in the Advances owed to them as shall be necessary to cause
such purchasing Funding Party to share the excess payment ratably with each of them,
provided, however, that if all or any portion of such excess payment is thereafter
recovered from such purchasing Funding Party, such purchase from each Funding Party shall be
rescinded and such Funding Party shall repay to the purchasing Funding Party the purchase price to
the extent of such Funding Party’s ratable share (according to the proportion of (i) the amount of
the participation purchased from such Funding Party as a result of such excess payment to (ii) the
total amount of such excess payment) of such recovery together with an amount equal to such Funding
Party’s ratable share (according to the proportion of (i) the amount of such Funding Party’s
required repayment to (ii) the total amount so recovered from the purchasing Funding Party) of any
interest or other amount paid or payable by the purchasing Funding Party in respect of the total
amount so recovered. Each Funding Party agrees that any Funding Party so purchasing a
participation from another Funding Party pursuant to this Section 9.4 may, to the fullest
extent permitted by law, exercise all its rights of payment (including the right of set-off) with
respect to such participation as fully as if such Funding Party were the direct creditor of such
Funding Party in the amount of such participation.

-57-

 

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

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	CHECKFREE CORPORATION, as Guarantor	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	By:	 	/s/ David E. Mangum 	 	 
	 	 	 	 	 
	 	 	Name Printed:	 	David E. Mangum 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Title:	 	Executive Vice President 	 	 
	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	CHECKFREE SERVICES CORPORATION, as 
Construction Agent
and as Lessee	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	By:	 	/s/ David E. Mangum 	 	 
	 	 	 	 	 
	 	 	Name Printed:	 	 	 	David E. Mangum 
	 

	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Title:	 	Executive Vice President 	 	 	 
	 	 	 	 	 

					
	 	 	 	 	 
	 
	 	S-1
	 	Master Agreement

 

 

	 	 	 	 	 	 	 
	 

	 	SUNTRUST EQUITY FUNDING, LLC, as Agent
	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ R. Todd Shutley 	 	 
	 

	 	 	 	 	 	 
	 	 	Name Printed: R. Todd Shutley
	 	 	Title: Senior Vice President and Manager

					
	 	 	 	 	 
	 
	 	S-2
	 	Master Agreement

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	SUNTRUST BANK, as Lessor	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	By:	 	/s/ Brian K. Peters 	 	 	 
	 	 	 	 	 
	 	 	Name Printed: 	 	Brian K. Peters 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	Title:	 	Managing Director 	 	 
	 	 	 	 	 

					
	 	 	 	 	 
	 
	 	S-3
	 	Master Agreement

 

 

	 	 	 	 	 	 	 
	 	 	REGIONS BANK, as a Lender
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ W. Brad Davis 	 	 
	 

	 	 	 	 	 	 
	 	 	Name Printed: W. Brad Davis
	 	 	Title: Vice President

					
	 	 	 	 	 
	 
	 	S-4
	 	Master Agreement

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	US BANK, NATIONAL ASSOCIATION, as a 
Lender and as a
Co-Documentation Agent	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	By:	 	/s/ Daniel L. Orem 	 	 
	 	 	 	 	 
	 	 	Name Printed:	 	Daniel L. Orem 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	Title:	 	Vice President 	 	 	 
	 	 	 	 	 

					
	 	 	 	 	 
	 
	 	S-5
	 	Master Agreement

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	MIZUHO CORPORATE BANK (USA), as a 
Lender and as a
Co-Documentation Agent	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	By:	 	/s/ Bertram H. Tang 	 	 
	 	 	 	 	 
	 	 	Name Printed:	 	Bertram H. Tang 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	Title:	 	Senior Vice President	 	 	 	 	 	 
	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	MHCB (USA) LEASING & FINANCE 
CORPORATION, as a Lender	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	By:	 	/s/ Victor Mora 	 	 
	 	 	 	 	 
	 	 	Name Printed:	 	Victor Mora 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	Title:	 	Vice President 	 	 	 
	 	 	 	 	 

					
	 	 	 	 	 
	 
	 	S-6
	 	Master Agreement

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	KEYBANK NATIONAL ASSOCIATION, as a Lender and as a
Co-Documentation Agent	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	By:	 	/s/ Daniel DiMarco 	 	 	 
	 	 	 	 	 
	 	 	Name Printed:	 	Daniel DiMarco 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	Title:	 	Assistant Vice President 	 	 	 
	 	 	 	 	 

					
	 	 	 	 	 
	 
	 	S-7
	 	Master Agreement

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	BNP PARIBAS LEASING CORPORATION, as a Lender	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	By:	 	/s/ Barry Mendelsohn 	 	 
	 	 	 	 	 
	 	 	Name Printed:	 	Barry Mendelsohn 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	Title:	 	Director 	 	 	 
	 	 	 	 	 

					
	 	 	 	 	 
	 
	 	S-8
	 	Master Agreement

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	LASALLE BANK NATIONAL ASSOCIATION, 
as a Lender	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	By:	 	/s/ Zennie W. Lynch Jr. 	 	 	 
	 	 	 	 	 
	 	 	Name Printed:	 	Zennie W. Lynch Jr. 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	Title:	 	Vice President 	 	 	 
	 	 	 	 	 

					
	 	 	 	 	 
	 
	 	S-9
	 	Master Agreement

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	BANK OF TOKYO-MITSUBISHI UFJ TRUST 
COMPANY, as a
Lender	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	By:	 	/s/ Christian Giordano 	 	 	 
	 	 	 	 	 
	 	 	Name Printed:	 	Christian Giordano 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	Title:	 	Vice President 	 	 	 
	 	 	 	 	 

					
	 	 	 	 	 
	 
	 	S-10
	 	Master Agreement

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	THE BANK OF NEW YORK, as a Lender	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	By:	 	/s/ David S. Csatari 	 	 	 
	 	 	 	 	 
	 	 	Name Printed:	 	David S. Csatari 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	Title:	 	Vice President 	 	 	 
	 	 	 	 	 

					
	 	 	 	 	 
	 
	 	S-11
	 	Master Agreement

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	BANK OF AMERICA, N.A., as a Lender and as 
Syndication
Agent	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	By:	 	/s/ R. Shawn Janko 	 	 	 
	 	 	 	 	 
	 	 	Name Printed:	 	R. Shawn Janko 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	Title:	 	Senior Vice President 	 	 	 
	 	 	 	 	 

					
	 	 	 	 	 
	 
	 	S-12
	 	Master Agreement

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}]]